Modi to get rockstar reception in New York; US lobby questions his reform credentials

September 26, 2014

New York, Sep 26: It is a rock 'n' roller's dream to "sell out The Garden," but for a foreign politician to pack New York City's most famous sports and entertainment arena is another thing entirely.Modi us visit

Prime Minister Narendra Modi, on his first trip to New York as leader of the world's most populous democracy, will draw perhaps the largest crowd ever by a foreign leader on US soil when he takes the stage on Sunday in Madison Square Garden before a crowd forecast to total more than 18,000 people.

Thousands more are expected to pack New York's Times Square to watch his address in Hindi on big screens as well as smaller viewing parties around the country and on TV in India.

The Indian diaspora hopes this visit by a leader who was until recently barred from the United States will signify India's importance not only on these shores but in the wider world too.

The event is being emceed by prominent members of the Indian American community, Nina Davuluri, who has just relinquished her crown as Miss America 2014, and TV journalist Hari Sreenivasan.

"Indian citizens and diaspora over the world are hopeful that this (Modi) administration will cut bureaucracy and focus on people," said Dr Dinesh Patel, chief of arthroscopic surgery at Massachusetts General Hospital in Boston, who arrived in the United States more than 50 years ago.

Patel, who says he was given an award for work in education by Modi, a fellow Gujarati, added: "People are passionate to see the new leader. Another Narendra is coming to this country to let the USA know what India is about."

The first Narendra was Swami Vivekananda, a 19th-century philosopher and monk who propagated the Hindu faith in the United States. Modi often cites a speech by Vivekananda, born Narendra Nath Datta, to the Parliament of Religions in Chicago in 1893, as a source of inspiration.

"Let us remember the words of Swami Vivekananda and dedicate ourselves to furthering the cause of unity, brotherhood and world peace," Modi wrote on September 11 to his 6.5 million followers on Twitter.

India's economy, the third largest in Asia, has struggled to recover from sub-par growth, shackled by layers of bureaucracy anathema to the diaspora. Modi's general election triumph in May was driven in large part by his entrepreneurial mantra.

On the eve of his US visit, tensions remain between the Washington and New Delhi over trade and spying.

The 64-year-old former chief minister of Gujarat was denied a US visa in 2005 over sectarian rioting that killed more than 1,000 people, mainly Muslims, three years before. Modi, who denies wrongdoing, has been exonerated by a Supreme Court probe.

Washington was late to warm to Modi. Its ambassador to India only met him in February, when opinion polls already put his nationalists on course for a big election win.

Diligent diaspora

India's US diaspora is a highly educated population of nearly 3.2 million, making up about 1 percent of the US population, according to latest US Census Bureau data.

As a group, they are more likely to be hooked to the internet than their fellow Americans, far more likely to have a college or professional degree and twice as well off with an average household income of more than $100,000.

"Indians are generally very ambitious and entrepreneurs," said Mike Narula, the founder, president and chief executive officer of Long Island, New York-based Reliance Communications, a distributor of mobile telecom devices and accessories.

Narula, who came to the United States 17 years ago, first working in the garment industry, now has his own company with more than, 200 employees. He's part of the host committee for Modi's visit to Washington, where the prime minister will meet with President Barack Obama on Monday and Tuesday.

"We attempted to do business in India. I hope Modi will look into streamlining issues such as VAT, the role of FDI (foreign direct investment) and find a way for American businesses to not have to go through 19 red tape bureaucracies," he said.

While Indian Americans are well represented in America's professional class, they are less visible in the military. Some 0.1 percent serve in the armed forces compared to 0.4 percent of Americans as a whole.

"The diaspora does very well on entrepreneurship, but not as much on the physical sacrifices. It is not just enough to be a citizen and taxpayer," said Raj Bhandari, a 48 year old Mumbai-born banker from New Jersey. "As a larger community I would like it to be more engaged on the front lines."

US business questions Modi's reform credentials ahead of visit

The US business lobby on Thursday questioned the reformist credentials of Modi, on the eve of his visit to the United States in which he will encourage investment and declare India open for business.

The US Chamber of Commerce and 15 other US business associations representing sectors ranging from agriculture to movie making, pharmaceuticals and telecoms, called on President Barack Obama to press Modi to remove barriers to fair trade when the two leaders meet in Washington on Monday and Tuesday.

"Since taking office, Prime Minister Modi has declared India 'open for business' and promised to incentivize investment and 'give the world a favorable opportunity to trade with and produce in India,'" the Alliance for Fair Trade with India said in a letter to Obama.

"Thus far, however, the new Indian government has produced troubling policies of its own," the group said, adding: "These actions send perplexing and contradictory new signals about India's role in the global marketplace."

The letter highlighted India's blockage of a key World Trade Organization agreement reached in Bali last year, which overshadowed a July 30-August 1 visit to India by US Secretary of State John Kerry.

The business alliance also complained about India's raised tariffs and "burdensome" new testing requirements on imported information and communication technology products.

US officials say the United States will press Modi to end the WTO blockage during his visit, something that could dampen the mood of a trip aimed at revitalizing a strategic relationship Washington sees as a key counterbalance in Asia to an increasingly assertive China.

Also on Thursday, US Congressional leaders dealing with trade and finance wrote to the US International Trade Commission calling for a second investigation into India's "unfair" trade practices, detailing any changes under Modi. They called for the ITC to deliver a report to Congress on September 24, 2015, a statement said.

A report requested in August last year is due to be delivered to Congress on December 15 this year.

Stephen Ezell, senior trade policy analyst at the Washington based Information Technology & Innovation Foundation, told a teleconference that Modi had taken some positive steps, including an easing of some restrictions on investment in the defense, insurance and railway sectors.

"However ... we've also seen the continuation of existing — and even the promulgation of some new — trade-distorting policies that do give us some pause," he said.

Chris Moore, of the National Association of Manufacturers, said Modi and his administration were "saying positive things."

"But their actions tell a different story."

Patrick Kilbride, of the US Chamber of Commerce, welcomed the Indian government's plans to review the environment for intellectual property rights, but said it remained "very poor."

The chamber would take the pledges at face value, he said, but added: "Recent history has given us many reasons to be wary."

Modi is due to arrive in the United States on Friday for his first visit as prime minister and has meetings scheduled with 17 US corporate chiefs including those of Google, IBM, GE, Goldman Sachs and Boeing.

Analysts say maintaining a positive mood will be important during the visit.

There was no immediate comment from the Indian embassy in Washington on the letter from the US business lobby.

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News Network
March 30,2020

Mar 30: Thomas Schaefer, the finance minister of Germany's Hesse state, has committed suicide apparently after becoming "deeply worried" over how to cope with the economic fallout from the coronavirus, state premier Volker Bouffier said Sunday.

Schaefer, 54, was found dead near a railway track on Saturday. The Wiesbaden prosecution's office said they believe he died by suicide.

"We are in shock, we are in disbelief and above all we are immensely sad," Bouffier said in a recorded statement.

Hesse is home to Germany's financial capital Frankfurt, where major lenders like Deutsche Bank and Commerzbank have their headquarters. The European Central Bank is also located in Frankfurt.

A visibly shaken Bouffier recalled that Schaefer, who was Hesse's finance chief for 10 years, had been working "day and night" to help companies and workers deal with the economic impact of the pandemic.

"Today we have to assume that he was deeply worried," said Bouffier, a close ally of Chancellor Angela Merkel.

"It's precisely during this difficult time that we would have needed someone like him," he added.

Popular and well-respected, Schaefer had long been touted as a possible successor to Bouffier.

Like Bouffier, Schaefer belonged to Merkel's centre-right CDU party.

He leaves behind a wife and two children.

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News Network
March 28,2020

Washington, Mar 28: A US-based lab has unveiled a portable test that can tell if someone has COVID-19 in as little as five minutes, it said in a statement Friday.

Abbot Laboratories said the US Food and Drug Administration (FDA) had given it emergency authorization to begin making the test available to healthcare providers as early as next week.

The test, which is the size of a small toaster and uses molecular technology, also shows negative results within 13 minutes, the company said in a press statement.

"The COVID-19 pandemic will be fought on multiple fronts, and a portable molecular test that offers results in minutes adds to the broad range of diagnostic solutions needed to combat this virus," said Abbot president and chief operating officer Robert Ford.

The test's small size means it can be deployed outside the "traditional four walls of a hospital in outbreak hotspots," Ford said, and Abbott is working with the FDA to send it to virus epicenters.

The test has not been cleared or approved by the FDA, and has only been authorized for emergency use by approved labs and healthcare providers, the company said.

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News Network
May 24,2020

Islamabad, May 24: Pakistan recorded 32 coronavirus-related deaths during the last 24 hours, taking the total number of fatalities in the country to 1,133, the health ministry said on Sunday.

The total number of COVID-19 patients in Pakistan also jumped to 54,601, it said.

Read: Coronavirus India update: State-wise total number of confirmed cases, deaths

Sindh reported the maximum number of 21,645 coronavirus cases, followed by Punjab at 19,557, Khyber-Pakhtukhwa at 7,685, Balochistan at 3,306, Islamabad at 1,592, Gilgit-Baltistan at 619 and Pakistan-occupied Kashmir (PoK) at 197.

According to the health ministry, 17,198 coronavirus patients have recovered and 473,607 tests, including 12,915 in the last 24 hours, have been conducted so far.

The government also issued strict instructions to observe social distancing while offering Eid prayer and asked people to avoid visiting relatives and hosting parties.

Eid congregations were held at open places, mosques and Eidgahs in all major cities and towns while following strict standard operating procedures (SOPs) of social distancing and other precautionary measures.

Pakistan Prime Minister's Special Assistant on Health Zafar Mirza on Friday said the deadly infection would continue to multiply if precautions are not taken.

Earlier this month, the government had announced the lifting of the countrywide lockdown imposed to curb the spread of the virus in phases, even as infections continued to rise in the country.

Prime Minister Imran Khan had cited the economic havoc the virus restrictions had wreaked on citizens as the reason behind the decision.

The prime minister on Saturday urged Pakistanis to forgo traditional Eid festivity in view of the hundreds of fatalities caused by the coronavirus and the lives lost in Friday's plane crash in Karachi.

Ninety-seven people, including nine children, were killed and two passengers miraculously survived a fiery crash when a Pakistan International Airlines plane with 99 travellers on board plunged into a densely populated residential area near the Jinnah International Airport in Karachi. Most of the victims were travelling home to celebrate Eid.

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