Showing posts with label #VibrantGujarat2015. Show all posts
Showing posts with label #VibrantGujarat2015. Show all posts

Monday, January 12, 2015

John Kerry wants better bonding between India and the United States


#VibrantGujarat2015 #NarendraModi #JohnKerry Prime Minister Narendra Modi is on cloud nine with the Vibrant Gujarat 2015 campaign and, US Secretary of State John Kerry has called for stronger US-Indian trade ties while speaking at an international investor conference.
His remarks are significant in view of the visit of President Barack Obama's visit to India this month. He would be the chief guest at India's Republic Day ceremony in the capital on 26 January.
John Kerry has indicated that better economic ties would help boost India's growth and fight climate change. The bilateral foreign direct investment now stands at nearly $30bn (£19bn). In the course of his speech in Ahmedabad John Kerry has described Indian PM Narendra Modi as a "visionary prime minister".
He has stressed on the need to do more together, and do it fast enough because, such a drive would help to create an environment where American companies can play leading roles in bringing cutting-edge technologies, equipment, capital, and know-how for India.
Prime Minister Narendra Modi, on his part, has assured to cut red tape, pursue predictable policies, ensure stable taxes and make India the "easiest place" to do business.
However, what remains unsaid is how to work out a balance between Russia and America because of the heavy extent of reliance at present on Russia for extending support to the armed forces that rely heavily on Russian equipment. How will the United States fit into the bigger picture?

Saturday, January 10, 2015

Eyes of the World are on India and Vibrant Gujarat 2015


#VibrantGujarat2015 #NarendraModi #BanKiMoon #JohnKerry Right now, the eyes of the World are on a resurgent India with Prime Minister Narendra Modi at the helm of affairs. He would be inaugurating the seventh Vibrant Gujarat Summit in Gandhinagar. Present on the occasion would be UN Secretary General Ban Ki-Moon and US Secretary of State John Kerry.
Other dignitaries would be World Bank President Jim Yong Kim, Minister for Trade and Investment in Australia Andrew Robb, Minister for Immigration, Canada Chris Alexander are also present among many others.
Mukesh Ambani, chairman of Reliance Industries, has already announced an investment of Rs 100,000 crore in the next 12-18 months in Gujarat on the occasion.
Aditya Birla Group chairman Kumar Mangalam Birla has remarked that Gujarat is the most preferred destination for them and has also promised to invest Rs 20,000 crore in expansion of cement and other plants in Gujarat.
Yosuke Takag, Minister of Economy, Japan indicated that Japan is examining to doubling Japan’s FDI in India within a few years.
It is obvious that India is going places and the promises made by Prime Minister Modi will give tangible results in spite of innumerable hurdles. The Prime Minister has his own ideas of how to go about delivering the goods and appears to be a hard taskmaster. Once he can wriggle out of the web of red-tapism that the bureaucracy weaves around any venture, he can expect to get results. There has to be a sense of pride in what government officials do and, unless accountability is ensured, the final outcome may not be as desired.