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Obama's visit to India-gain or loss.
U.S. President Barack Obama endorsed India's long-held demand for a permanent seat on the U.N. Security Council, a reflection of the Asian country's growing global weight and its challenge to rival China.
"In the years ahead, I look forward to a reformed United Nations Security Council that includes India as a permanent member," Obama said in a speech to India's parliament on his first official visit to the world's largest democracy.
In his three-day trip -- the longest stay in any foreign country by Obama -- the U.S. leader announced $10 billion in business deals, aiming at reassuring voters at home that countries like India offer benefits for U.S. jobs rather than causing unemployment through outsourcing.
Obama has also announced the United States would relax export controls over sensitive technology, another demand of India's.
He criticized U.S. ally Pakistan over its failure to clamp down on militants. India has long expressed skepticism at U.S. support for Pakistan, saying Islamabad is hoodwinking Washington by taking aid while also backing militants in Afghanistan.
"We will continue to insist to Pakistan's leaders that terrorist safe havens within their borders are unacceptable and that the terrorists behind the Mumbai attacks be brought to justice," he said.
Obama not directly criticized Pakistan for spreading terrorism in neighboring countries, which basically a loss for India.
There was no announcement of India's role in Afghanistan.
We cannot consider the below facts as loss to India .Below facts are actual gain to USA from this visit.
In the agenda will be lucrative defense ties. The United States has held more military exercises with India in the past year than any other country, and U.S. firms Boeing and Lockheed Martin Corp are bidding for $11 billion deal for 126 fighter jet.
Obama is walking a diplomatic tightrope in New Delhi, on the one hand trying to boost diplomatic and business ties with India while on the other ensuring relations with Pakistan and China, nations often at loggerheads with India, stay stable.
U.S. Under Secretary of Commerce for International Trade Francisco Sanchez said the United States wanted greater market access to India's infrastructure and energy sectors.
The truth is that having suffered at the midterm polls, President Obama's India visit aimed at repairing the damage from the biggest election reverse for the Democrats in 72 years. The motive of the Obama administration is to befriend the 65 Indian billionaires and use Indian booming economy, to salvage the near sick American economy.
Indian Aeronautical Development Agency is ordering the purchase of 107 F-414 General Electric engines for the Teja fighters for the Indian Air Force at a cost of 850 million dollars. Secret negotiation for the purchase of 126 F-18 Hornet fighters with a price tag of 20 billion dollars was not disclosed. It will bring huge benefit to the US economy when signed.
Contributed by: Studyfreak
Points added by members
Added by: MURTHY
Point: It is absolutely right because more employees are work in BPO's sector. The point is very good.
Date: 2013-04-30 23:01:44
Added by: Somnath Das
Point: It Was really good, just to add that as we are getting lot off outsourcing from these countries cause lot off JOBS in EMPLOYMENY IN the BPO Sector
Date: 2011-11-02 00:58:46
Added by: Anubha Jain
Point: India has signed 20 deals with US and this would enhance Indo-American trade and in future it would lead to trilions of dollars of inflow to India.
Also though we directly did not get jobs but we cannot think of equality as US is the strongest nation in the world.there per capita income is 45000$ and in India its just 1000$.we need friendship of this nation.and we should not demand equality in trade or deals.