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US COMMITS TO INVEST BILLIONS IN INDIA!

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07:43 PM
Exim Bank of US to commit $1 billion for project financing: Obama



07:41 PM
US Trade and Investment Development Agency to provide $2 billion for renewable energy projects: Obama

Republic Day 2015 — Continuous coverage- The Times of India

I am especially exited about the first proposal as it is intended as a super VC fund enabling support to small and medium enterprises all across India to scale and develop their businesses.
:yahoo::yahoo::yahoo:
More business more income more more more and more :smitten:
 
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US President Barack Obama assures PM Modi that he will look into India's concerns on the H-1B visa issue as part of his comprehensive immigration reform.

More good news!

H1 is a problem for IT workforce, my application got rejected already once because of stupid lottery system.

Let see if all this gets implemented. That's the key.
 
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(Reuters) - U.S. President Barack Obama on Monday announced $4 billion in government-backed investments and lending to India, as he sought to scale up a trade relationship he said was "defined by so much untapped potential".

1) At a CEO summit hosted by Prime Minister Narendra Modi in New Delhi, Obama said that U.S. Export-Import Bank would finance $1 billion in exports of 'Made-in-America' products.

2) The Overseas Private Investment Corporation will lend $1 billion to small- and medium-sized enterprises in underserved rural areas of India.

3) Another $2 billion will be committed by the U.S. Trade and Development Agency for renewable energy, Obama said in a speech.

I wonder what those "made in America" products in point 1 would be?


Obama announces $4 billion in India investment and lending deals| Reuters
 
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more investment , more jobs , more purchasing power , expansion of middle class :smitten::smitten:
higher gdp , higher defence budgets :)
More more more money money money weapons weapons weapons cheers cheers cheers:p::usflag::cheers::smitten::smitten::smitten::fans:
 
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This is chicken feed considering the size of India. I really don't understand why my fellow Indians whoop it up if Barrack burps. There is a very very long way to go before US India relations can be described as "strategic". Those changes can ONLY come from India following through with systemic changes on freeing up the economy, getting rid of 80% of the crud that constitutes Indian laws, discarding nationalistic jingoism for real work and effort.
 
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This is chicken feed considering the size of India. I really don't understand why my fellow Indians whoop it up if Barrack burps. There is a very very long way to go before US India relations can be described as "strategic". Those changes can ONLY come from India following through with systemic changes on freeing up the economy, getting rid of 80% of the crud that constitutes Indian laws, discarding nationalistic jingoism for real work and effort.
You are missing a point here. It's like loans to do business in india
 
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