How this US trip can be good for PM
Prime Minister Narendra Modi is in the US once again this week. It will be his second trip after assuming office last year and will lead to his third meeting with the US President Barack Obama. If Modi's last visit to the US was about introducing himself to Washington and making sure that misperceptions about his hostility to the US were set aside, his visit this week will be about ensuring that the momentum that his two previous meetings with Obama have generated result in some tangible outcomes. This visit is about getting the economic dimension of the relationship right and to project India as a prominent investment destination by reaching out directly to the American corporate sector. Modi will address global heads of state at the Sustainable Development Summit hosted by United Nations Secretary General Ban Ki-moonand meet Obama for sure - his third summit with the US President within a year - but all eyes will be on his economic and trade agenda.
At a recent meeting with Indian corporate leaders to discuss ways to bolster the economy amid global slowdown, Modi is reported to have exhorted the Indian industry to take more risks at a time of China's growth worries. His government is keen that there are opportunities for India to exploit so as to turn China's pain India's gain. Indian minister of state for finance has suggested that New Delhi was ready to "take the baton of global growth" from Beijing, underscoring rather ambitiously that "in coming days, India will leave China behind as far as growth and development matter." Not surprising therefore that Modi will be spending a large part of his time in the US in the Silicon Valley focusing on innovation and his pet project of Digital India.
After interacting with potential investors, media and communication majors and a dinner with CEOs of more than companies focusing on infrastructure and manufacturing in aid of his "Make in India" initiative in New York, Modi will head off to the Silicon Valley for two days over the weekend, becoming the first Indian leader to visit California in more than three decades. He will be meeting Apple CEO Tim Cook, Facebook founder Mark Zuckerberg and electric carmaker Tesla's iconic CEO Elon Musk as well as Satya Nadella, SundarPichai and Shantanu Narayen, the India-born CEOs of Microsoft, Google, and Adobe respectively.Much like his other visits, he will be reaching out to the Indian-Americans whom he wants to harness in the economic regeneration of India. Besides a town-hall style Q&A session at Facebook's Menlo Park headquarters, Modi's outreach programme includes witnessing the start of a 15-hour hackathon at Googleplex, with some 150 Indian programmers looking to produce software and applications relevant to India for Digital India and Skill India missions, and addressing Indian-Americans at a community reception in San Jose.
In recent months a perception has taken shape that the Modi government, for all its hype, has not been as reform oriented as many had expected when it entered office last year. Though the government is predicting that the Indian economy will grow at 8 percent or more in 2015-16, this is largely a product of state spending as private investment has been relatively slow to pick up. It is Modi government's very credibility that is on the line. While some have questioned the statistics employed by the Modi government to suggest that India is growing faster than China, others have been disappointed at the government's inability to pass key legislation. The last session of Indian parliament saw no work as key bills to make the acquisition of land for industrial infrastructure easier, and to federalize the disparate taxation schemes that make taking products or raw materials between India's 29 states incredibly slow and costly had to put on cold storage in face of an unrelenting opposition.
While the blame clearly lies at the doorstep of the main opposition party, the Congress, which is yet to reconcile to its staggering defeat and is more keen to showcase its ability to scuttle Modi's agenda than in being a responsible opposition, Modi's critics have also underscored that the Prime minister is yet to come into governance mode, preoccupied as he has been by continuous campaigning.
Yet Modi remains India's best hope. His personal popularity remains very high and optimism about the future of the country under his leadership is soaring. Majority of the Indians, including traditional Congress Party supports, continue to believe in Modi's ability to deliver. It is this cache of popular support that Modi would be leveraging as he will try to convince the US investors and strategic community that he still has what it takes to deliver and that the India story has only just begun. It may seem like a tall order but Modi is nothing if not ambitious.
At a recent meeting with Indian corporate leaders to discuss ways to bolster the economy amid global slowdown, Modi is reported to have exhorted the Indian industry to take more risks at a time of China's growth worries. His government is keen that there are opportunities for India to exploit so as to turn China's pain India's gain. Indian minister of state for finance has suggested that New Delhi was ready to "take the baton of global growth" from Beijing, underscoring rather ambitiously that "in coming days, India will leave China behind as far as growth and development matter." Not surprising therefore that Modi will be spending a large part of his time in the US in the Silicon Valley focusing on innovation and his pet project of Digital India.
After interacting with potential investors, media and communication majors and a dinner with CEOs of more than companies focusing on infrastructure and manufacturing in aid of his "Make in India" initiative in New York, Modi will head off to the Silicon Valley for two days over the weekend, becoming the first Indian leader to visit California in more than three decades. He will be meeting Apple CEO Tim Cook, Facebook founder Mark Zuckerberg and electric carmaker Tesla's iconic CEO Elon Musk as well as Satya Nadella, SundarPichai and Shantanu Narayen, the India-born CEOs of Microsoft, Google, and Adobe respectively.Much like his other visits, he will be reaching out to the Indian-Americans whom he wants to harness in the economic regeneration of India. Besides a town-hall style Q&A session at Facebook's Menlo Park headquarters, Modi's outreach programme includes witnessing the start of a 15-hour hackathon at Googleplex, with some 150 Indian programmers looking to produce software and applications relevant to India for Digital India and Skill India missions, and addressing Indian-Americans at a community reception in San Jose.
In recent months a perception has taken shape that the Modi government, for all its hype, has not been as reform oriented as many had expected when it entered office last year. Though the government is predicting that the Indian economy will grow at 8 percent or more in 2015-16, this is largely a product of state spending as private investment has been relatively slow to pick up. It is Modi government's very credibility that is on the line. While some have questioned the statistics employed by the Modi government to suggest that India is growing faster than China, others have been disappointed at the government's inability to pass key legislation. The last session of Indian parliament saw no work as key bills to make the acquisition of land for industrial infrastructure easier, and to federalize the disparate taxation schemes that make taking products or raw materials between India's 29 states incredibly slow and costly had to put on cold storage in face of an unrelenting opposition.
While the blame clearly lies at the doorstep of the main opposition party, the Congress, which is yet to reconcile to its staggering defeat and is more keen to showcase its ability to scuttle Modi's agenda than in being a responsible opposition, Modi's critics have also underscored that the Prime minister is yet to come into governance mode, preoccupied as he has been by continuous campaigning.
Yet Modi remains India's best hope. His personal popularity remains very high and optimism about the future of the country under his leadership is soaring. Majority of the Indians, including traditional Congress Party supports, continue to believe in Modi's ability to deliver. It is this cache of popular support that Modi would be leveraging as he will try to convince the US investors and strategic community that he still has what it takes to deliver and that the India story has only just begun. It may seem like a tall order but Modi is nothing if not ambitious.
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Oct 31
That's sage and vital advice : "PM Modi to come out of campaign mode to governance mode"
Oct 04
Yes, God wiling since we are in Karma- bhoomi, he has commitment and u & me support that is the strength.
Oct 03
US trip by our hon'ble Prime Minister Modiji is very sucessful and if he given chance for ten consecutive years by the citizen of India, I am sure India will be in the line of Global stature.
Sep 29
Every Indian, resident or non-resident, is looking towards PM Modi and they hope that he will be able to turn-around the rotting system of governance which we Indians have had to face since Independence. All educated Indians are aware that the pace of reforms are not picking up due to the obstructionist policies played by the Opposition, specially Congress. We Indians also have a role in helping the government achieve its goals, but we like to sit back, criticise and not take any action ourselves. Why can't educated citizens and NRIs create such a buzz on the social media against the obstructionist policies of the opposition, that all these opposition parties are forced to change their attitude and start acting like constructive opposition.The old saying "you get a government you deserve" should be changed by us to "yes we deserve a good government and we will force the obstructionist politicians to perform or go."
Sep 28
