"The whole world is in the clutches of capitalism. Only India can rescue the world from this calamity," he said.
"As long as even an iota of religion (dharma) is surviving in India, no power on the earth can harm India. But unfortunately, if the religion vanishes from India completely, then no power would be able to save India," he said.
Bhagwat was speaking at the valedictory function of a residential course for men and women volunteers of Hindu Swaysmsevak Sangh (HSS) at Nagpur from various countries.
"The only problem of the Hindu community is Hindus themselves and since Hindus are our own, we will not let them live in unfortunate situation," Bhagwat quoted Hedgewar as saying.
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He said, "We need to build a Hindu community not because it is in problem, but because it is our own, and also for the conservation of the holy Hindu religion, culture and Hindu rashtra."
Renowned economist and member of Niti Aayog Bibek Debroy, who was present on the occasion, said that in the ancient times, the king had only limited responsibility of defence, internal security and ensuring the rule of the law, while everything else was done by the community.
He also appreciated the initiative of promotion of Indian heritage and culture by HSS.
Total 65 participants from various countries took part in different activities like yoga, traditional Indian games and discourses on Hindu culture and heritage during the HSS residential course.