- Barack Obama believes that India was dragged unprepared into the world marketplace, and that this was necessary in order that it succeeds in absorbing a young workforce and actualizing its dreams.
- Young India is dreaming what their parents and grandparents had never had, and Internet has exposed them to a variety of things that can be done in the world.
- On the emergence of the BRICS Bank of emerging world powers, he believes that this generation shift is essential and that in India much of the change came in when the country’s attitude towards the global economic system changed.
- His comments come in the wake of India’s refusal to sign WTO’s Trade Facilitation Agreement in order to protect its own interests.
- Read at: http://www.thehindu.com/todays-paper/tp-international/obama-invites-india-to-underwrite-global-order/article6285424.ece