President Obama urges India to bail out America from economic crisis

President Obama urges India to bail out America from economic crisis. Barack Obama, the US president is visiting India. He visited Indian financial capital Mumbai and met with Indian business tycoons and industrialists. He behaved like a salesman for the American corporations according to Indian electronic media.

He tried to push American corporations and their goods in the Indian market. He told in New Delhi that India is growing market for Boeing corporation. He wants more American air-crafts in Indian sky. He is hopeful that India will import more American goods. The United States are facing severe economic crisis and financial problems since last three years. The US is also facing severe unemployment since American recession.

President of America also pointed out several areas such as agriculture and food processing where India and America can cooperate to develop their economies.

America is looking forward to India as savior and to bail out their economy.

View detailed articles:

Can India bail out America and rest of the world from present economic crisis? Part 1

Can India bail out America and rest of the world from economic crisis Part-2

President Obama and economic crisis of America

 

Thanks,
Jyoti Kothari 
(Jyoti Kothari, Proprietor, Vardhaman Gems, Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also ISO 9000 professional)

Railway budget 2010 proposed

 Mamata Banerjee, Union Railway Minister has proposed Raiway budget 2010 today on February 24, 2010 in the Parliament of India.

There is no hike in passenger fare and goods tariff. She has symbolically reduced tariff in some goods such as food grain. She has announced free tickets in Sleeper and 3AC for cancer patients.


Mamta Banerjee has proposed several trains in various routes, some new trains including 10 of "Duronto". She has also proposed construction of some new railway tracks. She has also announced that some of the single lines will be converted into double lines.

She has proposed some welfare schemes for railway staff but nothing is announced about catering system reform.

Business communities, Industries and common people at large are happy with this railway budget.
Pranab Mukherjee, Finance Minister of India will propose general budget for year 2010 on February 26, 2010 for the central government of India.

It is worth noted that India is developing with second highest growth rate in the world. It is expected that Indian economy will be very strong in few years. It has capacity to bail out even American economy. Indian Railways has huge contribution, directly or indirectly in Indian economy.

Can India bail out America and rest of the world from present economic crisis? Part 1

Can India bail out America and rest of the world from economic crisis Part-2

Article on Budget India 2010 

Import duty on gold and platinum raised in union budget 2010

Budget India 2010

Salient features of Indian Railway Budget 2010

Pranab Mukherjee has given major benefits to Murshidabad in Indian budget

Thanks,
Jyoti Kothari

(Jyoti Kothari, Proprietor, Vardhaman Gems, Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also ISO 9000 professional)