Wednesday, March 25, 2015

India and USA

India is moving towards strengthening of capitalism. The U.S. can invest in India in the following fields:
Science and Technology: to enhance quality research
Software Industry: to introduce the latest technology
Space: to create more space centers and create advancement
Automobile Industry: to develop environment friendly mechanisms
Education of high quality: to give impetus to quality education
Healthcare: to provide quality medical aid and to make available latest drugs in the market

India needs permanent U.S. support to be included as permanent member in United Nations Council.
India needs Uranium for building atomic energy.
India needs support in modernization of Defence Systems.
Indian Oil research can be strengthened with U.S. support.
India is a very big market for software products and U.S. can make use of this opportunity. 
U.S. can introduce a favorable banking system in India that helps entrepreneurship grow. For instance, China encourages business men by lending money at a low rate of interest. This helps develop industrial productivity. China also encourages business men by charging very low rate for electricity. This is a successful model as it has boosted Chinese economic growth.  China has emerged as the largest exporter in the world with this support given to Chinese businessmen. U.S. and India can come together and bring changes in the global banking system using the Chinese business model.
Also, agricultural research can be systematized with U.S. India collaboration. 
  India has vast terrains with a fertile soil and this can be manipulated to produce food for the world with a well planned R & D.



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