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Kumar Barve to run for US Congress
VOL 20, No. 1069
March 13, 2015
50¢
Periodical Postage
INDO-U.S. TRADE TO REACH $500 bn: ROYCE
Details on page 5
Rajat Gupta files fresh plea for release
Garcia gaining ground in Mayoral race Details on page 16
Racial attack on Sikh boy condemned Details on page 17
Details on page 5 Details on page 6
US lawmakers greet Indians on Holi
Indian doctor helped Harrison Ford after crash Details on page 5
Indian doc gets Fulbright-Nehru Chair
Details on page 6
Details on page 32
USFDA officials to visit India; to sign pact Details on page 17
INDIA POST SURVEY survey@indiapost.com This week’s question
Does banning films help in curbing crime? Last week’s result
Racist abuse in America is only increasing? YES 73%
NO 27%
CONTENTS BRIGHT PROSPECTS: Chairman of the powerful US House Foreign Relations Committee Ed Royce called on Prime Minister Narendra Modi along with his team in New Delhi on March 9. Indian-American Congressman Ami Bera is seen speaking on the left. Royce said he was absolutely bullish on the opportunity for economic growth in India today
NEW DELHI: Bullish about growth potential in India, a top US lawmaker said here bilateral trade between the two countries could jump from current USD 100 billion to USD 500 billion if the Modi government continues with reform initiatives and removes regulatory hurdles. Chairman of the powerful US House Foreign Relations Committee Ed Royce called the government's budget proposals "big jump" to boost economic growth and attract foreign investment into India. "We are absolutely bullish on the opportunity for economic growth in India today. We looked at the changes
that are occurring and we looked at the achievements and we believe that the bilateral trade could well be USD 500 billion from current USD 100 billion," he told reporters. Hailing government's efforts to encourage infrastructure spending and decision to cut corporate tax by 5 per cent over the next four years, he said though budget proposals were not "quantum leap", they were big jump forward in revitalizing the economy. "It was not a quantum leap but it was a big jump and I think the commitment for infrastructure spending is important. Details on page 5
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