TRUST MODIJI Acche Din Aagaye **** Rs.24,600Crores For INDIA **** Obama Announced $4Billion Support to India “The fortunes of the #UnitedStates and the fortunes of #India are inextricably linked,” Obama said.. “We can grow and we can prosper together.” Obama announced that the Export-Import Bank would dedicate $1 billion in financing to support U.S. exports to India. That’s of particular significance because, although India represents a sixth of the world’s population, just 1 percent of U.S. exports go there — and just 2 percent of U.S. imports come from the country. The president said an additional $1 billion would be earmarked for lending to small and medium businesses in India located in rural and underserved markets. And the U.S. government also plans to invest $2 billion in helping India build new renewable energy sources. JaiHind
Posted on: Tue, 27 Jan 2015 09:45:11 +0000
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