Published: Mon, June 26, 2017
Global News | By Stacy Ballard

United States business schools can study India's GST implementation: PM Modi

United States business schools can study India's GST implementation: PM Modi

Monday's first meeting between the two will set the tone for India-US ties in the 21st century.

"I think everyone is excited to invest more in India and I am excited as to what we all can do together".

Speaking at the roundtable, he said: "The whole world is looking at India. 7,000 reforms alone by GOI for ease of (doing) business and minimum government, maximum governance", Gopal Bagley, spokesman of the Ministry of External Affairs quoting the prime minister as saying.

During this visit, Modi will also interact with about 20 leading American CEOs in a meeting as well address an Indian-American community event in the DC suburb of Virginia.

"The rollout of the Goods and Services Tax on July 1 will, in a single stroke, convert India into a unified, continent-sized market of 1.3 billion people", he wrote. It will be interesting to see PM Modi's bonding with Trump, a political rival of Obama. "This shows India can take big decisions and implement them swiftly", he said.

In conclusion, the Prime Minister spoke of how his government's main aim was to constantly improve the quality of life of the citizens and to continue to do this, the country would require a global partnership. He said this indicates India's quest for global benchmarks.

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In India, Modi's attempts to tackle black money and corruption through swapping of old currency notes or what is popularly called as demonetization as announced on November 8, has affected economic growth in the short-term and added to uncertainty.

The Prime Minister also said: "Transparent policies create an environment of trust among the people".

India does not have a formal alliance with the USA, but defense ties have intensified in recent years with joint drills between the two militaries and defense sales.

The landmark deal reached after three years of intense negotiations allows civil nuclear cooperation by letting India import nuclear fuel and technology.

Modi and Trump also seem to believe in the power of social media.

"CEOs outline priorities in India and suggestions for mutually beneficial partnerships in line with inclusive growth", he said, adding that they reaffirmed their commitment to growing with India and attested to its attractiveness as an FDI destination.

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The nation wide famous 2014 election campaign slogan "Ab ki baar Modi Sarkaar" (This time, a Modi government) was used by Donald Trump during his fiercely-contested USA president election a year ago to woo the Indian-American community.

"Good", Apple CEO Tim Cook told reporters, describing the outcome of the meeting.

This is Modi's fifth visit to the U.S. as Prime Minister.

This apart, the issue of what are being seen as racial attacks on Indians in the U.S. will also be something observers will see if comes up for discussion.

The Indian Prime Minister Narendra #Modi arrived in Washington on Sunday 25 June 2017. We will also increase tourism from India to Israel; this has very great potential.

Modi will meet with President Trump at the White House on Monday for the first face-to-face discussion between the two leaders.

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Modi was welcomed with loud cheers and applause by the Indian community members who were waiting outside the Willard InterContinental Hotel here to catch a glimpse of the Indian leader.

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