Tag: Modi-Obama meeting

Time 100: Obama calls Modi’s life symbolic of India’s rise

- by India Writes Network

This seems to be Barack-to-Narendra straight from the heart piece. India’s Prime Minister Narendra Modi, who has launched a host of path-breaking reforms and has launched a massive global outreach in his mission of remaking India, figures in Time’s coveted 100 most influential people list, and his laudatory profile has been authored by none other than US President Barack Obama.
In his article on Mr Modi, Mr Obama refers to Mr Modi by his first name and lavishes rich praise on the Indian leader’s rise from a tea seller to the prime minister of the world’s largest democracy and holds up Narendra Modi’s life story as inspirational and symbolic of the dynamism and potential of India’s rise.
“As a boy, Narendra Modi helped his father sell tea to support their family. Today, he’s the leader of the world’s largest democracy, and his life story – from poverty to Prime Minister—reflects the dynamism and potential of India’s rise,” writes Mr Obama.
“Determined to help more Indians follow in his path, he’s laid out an ambitious vision to reduce extreme poverty, improve education, empower women and girls and unleash India’s true economic potential while confronting climate change. Like India, he transcends the ancient and the modern – a devotee of yoga who connects with Indian citizens on Twitter and imagines a ‘digital India’.”

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The nuclear deal is done: India, US break liability logjam

- by Manish Chand

Ending six years of a festering impasse, India and the US have ended their long-standing logjam by sealing administrative arrangements for implementing their pathbreaking nuclear deal, with the two sides agreeing on an insurance pool to address the liability issues.
The negotiations went down the wire, but were successfully concluded with a joint push from Prime Minister Narendra Modi and US President Barack Obama.
At a joint media interaction, both Mr Modi and Mr Obama looked upbeat as they declared to scale up the India-US relations to new heights in days to come and also announced a breakthrough in the nuclear deal negotiations.

In the last few months, I see new excitement and confidence in this relationship. I see renewed energy in our engagement,” an upbeat Modi said, while underlining personal chemistry and bonding he has developed with President Obama since he met him first in September 2014 in the White House.
Mr Obama also spoke about a breakthrough in the nuclear deal.
The setting up of an insurance pool proved to be a game-changing moment to address the US’ concerns over India’s nuclear liability. After tortuous negotiations, the two sides agreed on the Rs 750 (around $130 million) insurance poll as part of risk management strategy for both suppliers and operators.

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