If I can see Indian-American US Prez, that's my legacy: Bera

September 1, 2013

BeraNew Delhi, Sep 1: Indian-American US Congressman Ami Bera has said that seeing a member of the community as the President of the United States in his life time will be the true legacy he can leave behind.

The 48-year-old California-born Democratic lawmaker, the only Indian-American currently serving in Congress who made his first visit to India after being elected to the office, feels more ethnic Indian people will rise and assume higher offices in the US in the coming years.

"If my legacy is inspiring, and if I can see in my lifetime, more Indian-American Congressmen in the House and if I can see an Indian-American Senator in my lifetime. And, if I can see an Indian-American President in my lifetime, that will be my true legacy," Bera told PTI here in an interview, during his recent India trip.

Bera's father hailed from Gujarat and migrated to the US in 1950. He is the third Indian-American — after Dalip Singh Saundh in 1950 and Bobby Jindal in 2005 — to have been elected to the House of Representatives, the lower house in the US legislature.

The lawmaker who counts Mahatama Gandhi, Martin Luther King and Nelson Mandela as inspirations said that more Indian-American joining politics and rising would only be a "natural progression".

"I see so many Indian-Americans in the hallway in the Congress and people rising and assuming higher offices would only be a natural progression for the community that has risen on the core values imbibed across generations," Bera said.

Indian Americans numbering 3.2 million is the third largest Asian American community in US after Chinese Americans (3.8 million) and Filipinos (3. 4 million).

"Qualities of family, qualities of a strong sense of community, qualities of sacrificing so that your children can have a better future...and those are not just Indian or Indian-American qualities but those are qualities that every parent or families stood out for, is what made us.

"I think it takes tremendous courage to leave a small village in Gujarat and go to a country where you don't have anything and where you don't know anyone... that is a story that is told over and over in our community... and, we should not forget those stories," Bera added.

The lawmaker called the "reverse migration" happening from US to India currently as one of the exciting phases for the Indian-Americans.

"I think the first generation who had left..their children who studied in America, are coming back..because many things like doing a start-up is easier here..so they are making their innovation here and it is important that it is documented," he said.

He emphasised that next generation of Indian-Americans will redefine the Indo-American relationships.

"Indo-American relationships will be one of the defining partnerships of the 21st century and the next generation of the Indian-Americans will further redefine it. And those Indian-Americans, who are born and raised in US, will play a greater role in that," he said.

The US lawmaker, who called the Indian-American community as the "marriage of best of both the worlds", said this was the time for them to give back to America.

"I am only here because of the opportunities other have made for me, and those are also American qualities...I think if we embrace who we are and embrace those qualities we can be successful," he said.

During his week-long trip, Bera visited Mumbai, New Delhi and Bangalore, where he met business leaders from both American and Indian companies to strengthen the trade relationship between the two countries.

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News Network
February 24,2020

New Delhi, Feb 24: The shared values between India and the US are "discrimination, bigotry, and hostility towards refugees and asylum seekers", Amnesty International USA said in a joint statement with Amnesty International India ahead of US President Donald Trump's visit to India on Monday.

Trump, accompanied by his wife Melania, daughter Ivanka and son-in-law Jared Kushner as well as senior officials of his administration, landed in Ahmedabad on the first leg of his two-day visit to India.

"Anti-Muslim sentiment permeates the policies of both U.S. and Indian leaders. For decades, the U.S.-India relationship was anchored by claims of shared values of human rights and human dignity. Now, those shared values are discrimination, bigotry, and hostility towards refugees and asylum seekers,” Margaret Huang, Amnesty International USA’s executive director, was quoted as saying in the statement.

It was a reference to the anti-CAA protests in India, the internet lockdown in Jammu and Kashmir and the Muslim ban expansion by President Trump affecting Nigeria, Eritrea, Myanmar, Kyrgyzstan, Sudan and Tanzania, the statement said.

It added that Amnesty International USA’s researchers travelled to Lebanon and Jordan to conduct nearly 50 interviews with refugees that as a result of the previous version of the ban have been stranded in countries where they face restrictive policies, increasingly hostile environments, and lack the same rights as permanent residents or citizens.

The statement also came down hard on the Indian government, hitting out at the Citizenship (Amendment) Act (CAA) 2019 and saying it legitimises discrimination based on religious grounds.

It criticised statements such as “identify them (the protestors) by their clothes” or “shoot the traitors” by Prime Minister Modi and his party workers. Such remarks "peddled the narrative of fear and division that has fuelled further violence", it said.

“The internet and political lockdown in Kashmir has lasted for months and the enactment of CAA and the crackdown on protests has shown a leadership that is lacking empathy and a willingness to engage. We call on President Trump and Prime Minister Modi to work with the international community and address our concerns in their bilateral conversations,” Avinash Kumar, executive director, Amnesty International India said in the statement.

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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Agencies
May 4,2020

Mumbai, May 4: Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees. Silver Lake on Monday agreed to pay Rs 5,655.75 crore to buy 1.15 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio.

The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms. The investment is at a premium of 12.5 per cent to the Facebook deal.

"This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5 per cent premium to the equity valuation of the Facebook investment announced on April 22, 2020," Reliance said in a statement.

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