Ad Here  
June
July
August
September
October
November
 
 
2016 Year in review When Americans help yuan to emerge a reserve currency... The new state of terror No longer a shining star Worldwatch Institute’s Vital Signs Let’s copy paste A sense of oneness in a foreign land... And the Nobel goes to… Big O’s win 2015 Year in review Of diversity and inclusion Relentless hunt for trade deals... Forget USA and UK for higher education The Japanese will rise again... In US he was excellent... China's might - India's Weakness Promise of 9 billion pounds in FDI The story of the diminishing value of the pound National Security @ the cost of Privacy Why the hell are we refusing to learn? East Asian and Indian Trump cards All talk and hopefully, all action Trump and Netanyahu rule the headlines Move forward in fast forward mode Modi in Washington Bitten by the South American bug… The mid-air scare Doklam, for the home theatre? A person will win. What the country might lose... A mixed shopping bag Media’s Modi phobia... Nuclear sabre-rattling takes centre stage May on back foot, advantage India? End of an extravaganza London Bridge is falling down Siemens-Mitsubishi rival GE’s bid For Alstom takeover BBC stars in a vain vitriolic campaign Two weeks of Trump Maggie melts Pakistan – the siege within Auto component exports to UK brighten When German consumers were paid for power consumed! Trump unconcerned and immune to scandals A success? A failure? Or a fraud? French elections and more The lions roar to growth... Trade prospects promising Modi sharpens the look - east policy Happy birthday, Sharief
 
Modi in Washington

66 applauses, 10 standing ovations. What a transformation! Hardly a decade ago, Narendra Modi was denied the visa to enter the US. On 8 June the prime minister Modi won repeated applause, 66 times and 10 standing ovations by the law makers of the US at the combined meeting of senators and congressmen from the House of Representatives.

It was an evocative speech effectively and cleverly combining the strengths of the oldest democracy of the US and the largest democracy of India. Modi referred to the strengths and the rich contributions of the American constitution to the equality, freedom of the individual and the vibrancy of the American democracy. He also presented the highlights of such features enshrined in the Indian constitution.

 

Turning point

The turning point in the Indo-US relations, we believe, commenced at the time of the NDA government headed by A B Vajpayee. This eloquent speaker also addressed the US Congress to great effect. This beginning was well cemented by Dr Manmohan Singh. I have had the opportunity to be present when Dr Singh addressed the combined law makers of the US Senate and the House of Representatives in July 2005. The Bush administration endorsed its interest on closer cooperation with India in several fields including nuclear power for peaceful purposes, higher education, agriculture, science and technology. Unfortunately Dr Singh could not pursue the deals with speed as the UPA government was then supported by the Communists in the coalition set up to retain power. Dr Singh staked his all in his struggle to conclude the nuclear deal and did succeed by mustering enough support. The Communists wouldn’t pardon him for this.

Narendra Modi with a decisive majority in the lower house of parliament has been able to take this cooperation to a much higher level. In these two years cooperation with the US has strengthened in a wide range of sectors, most notably defence. In a short time, defence deals and cooperation between the two countries have surged to 10 billion dollars. Though it is still modest, there has been substantial progress in terms of nuclear cooperation. It should however be pointed out that despite the passage of eleven years since Manmohan Singh initiated the nuclear cooperation agreement, not a single project in this sector has taken off the ground.

Modi’s speech focused on several concrete issues of development. He listed the to-do list that is long and ambitious. These included a vibrant rural economy with robust farm sector; a roof over each head and electricity to all households; to skill millions of youth; build 100 smart cities; have a broadband for a billion and connect villages to the digital world and create a 21st century rail, road and port infrastructure.

Modi re-assured that these were not just aspirations but goals to be reached in a finite time frame.

 

Challenges before the two countries

 

Of course, these goals should have impressed the law makers of the US.  Modi referred to the challenges faced by both the countries, especially relating to terrorism. He pointed to such terrorist activities across India’s border with Pakistan on the west and made a forceful plea to the lawmakers of the US to be cautious in helping that nation through aid.

It is true the US is the India’s largest trading partner and provider of technology and support over a vast area. The Indian diaspora in the US that has expanded over the last two decades from around 2 million to 3 million, has been active in strengthening the ties between the two countries.

In the two years of Modi government significant advances have been made in the field of external relations. Modi has taken special care to strengthen such relations with several developed countries. His subtle reference to the resistance faced by his government due to the lack of majority in the upper house had its parallel in the US as well and thus was well received. Modi should continue to build on the foundation laid by his predecessor Dr Manmohan Singh in 2005. He should build consensus on strengthening such collaboration in quick time. The smart cities, railway, port and other infrastructure development and nuclear power programmes can benefit immensely by forging strong ties with the US. The prime minister’s close relations with US president Barack Obama and his recent efforts to impress lawmakers’ augur well for such cooperation.

 

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com