While the rest of the world swoons over the new U.S. president, India is conspicuous by the discomfort that the new political dispensation is generating in the corridors of power in New Delhi.
After eight great years under George W. Bush, U.S.-India relations may be entering another tumultuous era. Barack Obama, to the extent that his views on issues that impinge on Indian interests are known, is coming to office with a very different set of priorities. Earlier indications of these priorities do not bode well for the future of U.S.-India relations.
Obama took a very tough stand against outsourcing during the campaign and talked of a tax agenda that punishes companies that "ship jobs overseas." Instead, he underscored the need to give tax benefits to companies that invest in the United States itself, those "who will keep jobs at home."
FULL ARTICLE
01 February 2009
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