Saturday, April 24, 2010

The U.S-India Partnership: It Matters

The US - India Partnership: It Matters
It matters most because a happening country is partnering with a Country, which is suddenly taking giant strides in contrast to the slow cautious treads they were making all the while! While innuendos replete with diabolical and sinister moves thwart the coming together of technology and sharing of information for betterment of lives in this Universe-it is indeed a challenge to take up the matter and transgress the unique threshold shown to both Countries like a beacon of hope. And the bridging between the clashing of ideologies will come to an impasse when realization dawns that the ultimate aim is progression of progressing Countries thereby cementing a relationship devoid of any perceived hidden agendas.

Despite the global financial crisis, which began in 2007, impacting most emerging market economies, 7.1 per cent rate of GDP growth in the current year, makes India the second fastest growing economy in the world. There is undoubtedly no dispute that in the trajectory of modern economic history, each phase of global growth has been driven by a small set of countries…and India fits the bill of donning the colors of an ensemble resplendent with all hues. At this rate India is expected to pick up the mantle of global growth poles by its horns and demonstrate that these emerging growth poles will generate self-sustaining, internally-driven growth.

The GDP of US - the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 5.6 percent in the fourth quarter of 2009, (that is, from the third quarter to the fourth quarter), according to the"third"estimate released by the Bureau of Economic Analysis.
India is also forging ahead and has emerged unscathed by the meltdown thereby indicating its strong financial position.A cross section of Indians not only spearhead big organisations in the US but also work for the Government. Similarly in India too many Americans are on the board of many organisations as advisors and key planners. Yes indeed, US- India partnership matters!