India United slams Barack Obama for ‘advise’
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US President Barack Obama drew a barrage of fire from India on Sunday after flagging concerns over India’s economic reforms and trade barriers.
Obama noted, in an interview to PTI, that India had prohibited foreign investment in too many sectors such as retail, and cited concerns over the deteriorating investment climate in New Delhi to endorse another 'wave' of economic reforms.
Obama was careful not to be directly critical but cited the concerns of the American business community to make his point.
“They tell us it is still too hard to invest in India. In too many sectors, such as retail, India limits or prohibits the foreign investment that is necessary to create jobs in both our countries, and which is necessary for India to continue to grow,” Obama said.
Back in India, the business fraternity and political parties said that the country could decide on its policies by itself. They acknowledged that growth had slowed down but said solutions to the situation should be found within.
Obama not informed: Moily
After US President Barack Obama spoke about India’s slow economic reforms and trade barriers on Sunday, corporate affairs minister Veerappa Moily said, “Certain international lobbies like Vodafone are spreading this kind of a story and Obama was not properly informed about the things that are happening, particularly when India’s economic fundamentals are strong.”
Opposition parties too lashed out at the US President. “If Obama wants FDI in retail and India does not want, then it won't come just because he is demanding it,” was the terse reaction of BJP leader Yashwant Sinha. BJP vice-president Mukhtar Abbas Naqvi termed the US President's remarks as 'laughable'.
The CPM reacted to Mr Obama’s remarks in like fashion. “They want to open up our economy and market on their terms. For this purpose they are creating this pressure,” said party leader Nilotpal Basu.
D.S. Rawat, secretary-general of Assocham, said, “The US has its own problems and India has its own. Our government will take a decision as per our own compulsions and requirements. We do need reforms but Obama or any other person cannot be dictating Indian government or policy-makers.”
The US, he said, also had lot of 'limitations' like recent restrictions on BPOs. “But it is their decision. Similarly, decisions taken our policy makers should not be questioned.”
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The fabricated interview with
Satish Chandra
16 Jul 2012 - 09:15
The fabricated interview with Obama appeared in two versions in the Indian media about 5 A.M. Washington time on Sunday, July 15 '12 in response to what I said in a press release (below) on July 11 '12 and subsequently:-
Manmohan Singh at the G-20 meeting in Mexico on June 18 '12 pledged $10 billion to the IMF to help European countries such as Greece and Italy cope with debt but will not use the money to help tens of thousands of Indian farmers committing suicide due to indebtedness or hundreds of millions of India's malnourished children. He seeks foreign investment -- that is, foreign ownership and control of India -- but will not invest the hundreds of billions of dollars he has given to the United States government -- in exchange for U.S. Treasury bonds -- in India. This is not even counting the unlimited amount of capital available to India by simply printing the money so long as it is used for productive purposes: 'How India's Economy Can Grow 30% Per Year Or More' :HowIndiasEconomyCanGrowDOTblogspotDOTcom . An example of foreign investment trumpeted by Commerce and Industry Minister Anand Sharma is a $5 billion investment in India announced by Coca Cola to give Indians harmful-to-health beverages and replace healthier and tastier Indian beverages. Such examples of American rule over India in economic, military and all spheres can be multiplied hundreds of times. India's nuclear forces have been accused in the past of presenting photo-shopped non-existent missiles and non-existent nuclear warheads but India's nuclear warheads emplaced in U.S. cities since then are not non-existent : 'Nuclear Supremacy For India Over U.S.' :NuclearSupremacyForIndiaOverUSDOTblogspotDOTcom . If it is the non-existence of "knowledge, intelligence, courage and character" which is responsible for their not having triggered the warheads, with a warning that additional U.S. cities will be destroyed if there is any retaliation, it is MY responsibility to provide the knowledge, intelligence, courage and character; all they have to do is obey India's legitimate ruler and it is high time they did so without further delay: 'Satyam Shivam Sundaram Satish Chandra' :SatyamShivamSundaramSatishChandraDOTblogspotDOTcom .
I have referred in 'Source of Manmohan Singh's 'Deep Love' For Bush' -- SourceOfManmohanSinghsDeepLoveForBushDOTblogspotDOTcom -- to the British in India having killed over ten million Indians in just the ten years after 1857; people have mistakenly assumed these to be deaths caused by famine but NO, NO, NO, these were deaths caused by the gun and sword and hangings and being blown from the mouths of cannons in just the ten years after 1857 in just Uttar Pradesh, Haryana and Bihar; the deaths caused by famines during British rule were quite separate from this; see Amaresh Misra's 'India AD 1857' in two volumes totaling over two thousand pages (Delhi: Rupa & Co., 2008) which describes hundreds of the battles fought during the 1857 uprising which was thousands of times bigger and more extensive, over the entire subcontinent, than India's colonial administration -- all Indian governments after 1947 have been a continuation of white colonial rule; see 'What You Should Know About RAW': WhatYouShouldKnowAboutRAWDOTblogspotDOTcom -- will let Indians know; this two volume work should replace the Ramayan and Mahabharat as required daily reading in Indian homes and schools -- all educational institutions at all levels should have required courses in the 1857 War of Independence studies -- without which Indians cannot capture the hatred for the white man (and woman) to win India's War of Independence: 'A Note on Hate': ANoteOnHateDOTblogspotDOTcom and 'Join India's War of Independence' : JoinIndiaWarOfIndependenceDOTblogspotDOTcom . With the simultaneous nuclear destruction of New Delhi, Washington and New York, with a warning that additional U.S. cities will be destroyed if there is any retaliation, this time the result of India's War of Independence will be different. Satish Chandra
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