World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search


Indian elections draw growing interest in America

Indian elections draw growing interest in America

Wall Street investor conference calls are analyzing Indian politics

March 25, 2014 Washington, DC. — India’s hotly contested parliamentary elections that are due next month are being increasingly viewed in the United States as one of most important elections since the independence of the country. Therefore in order to keep abreast of developments in India an increasing large and varied number of people all across America are dialing into a unique conference call that takes place every week (, and discusses these issues.

Though of interest and open to everyone, most callers are having more than a passing interest in India – they want to get expert opinion on the election trends in India, or to understand the economic policies of various political parties, or to evaluate the investment environment in India post elections. Participants across 9 cities, which included leaders of the Indian American community, policy-makers at Capitol Hill, investment bankers and investors from the Wall Street along with technology entrepreneurs and academicians connected through the call.

The discussion points during the calls touch upon subjects such as possible outcomes of the elections, impact on trade and investments in sectors such as pharmaceuticals, energy, aviation, IT, status of civil liability bill, possible shift in India’s foreign policy.

This unique initiative is the brainchild of the US India Political Action Committee (USINPAC) which is running a series of weekly conference calls with noted analysts from India providing their expert opinion to the American callers. Last week the featured experts were Dr. Jagdeep S. Chhokar, the founder member of Association for Democratic Reforms (ADR), a non-profit organization that's working for government and electoral change in India; and Dr. Anupam Srivastava, Managing Director of Invest India.

“There is significant interest in the U.S. about the upcoming elections in India. Policy makers, businesses, and investors want to evaluate the developments. Major policy and business decisions would depend on the outcome of these elections. Through this initiative we aim to provide a better understanding of India to our U.S. members so that bilateral relations which are seeing a rocky present, have a cooperative future,“ said Sanjay Puri, the chairman of USINPAC.

USINPAC plans to conduct these calls ( until May 16. “In an age when we all live with information overload, key decision-makers want a quick, crisp, and high-quality analysis from the real situation on-ground. The financial community on Wall Street is long used to such analyst calls that help them to forecast or price company stocks. We are doing something similar, but with a big difference - our callers are interested in a country, not a company stock,” Puri further added.


© Scoop Media

World Headlines


Werewolf: America, The Gated

How, in a global metropolis like New York, do you write about immigration as a problem to be solved? And yet immigration is a hot button issue among those fighting to break away from the unruly clump of starters in the race for Republican nominee. More>>


Binoy Kampmark: US Bomb Strikes Hospital In Kunduz

According to US military sources, “there may have been collateral damage” to the medical facility. “This incident is under investigation.” A statement issued by the office of the President Ashraf Ghani said that Army General John Campbell, chief of US-led forces in Afghanistan, apologised. More>>


Binoy Kampmark: The Fall Of Tony Abbott

The question was one of timing. The Coalition had been registering losses in poll after poll. The Abbott style hardly improved after a spill was forced on the party. Despite claiming that he would be ushering in a spring clean, he continued bypassing ministers and MPs... More>>



Pacific.Scoop: Smaller Pacific States Call For Coal Moratorium

PNG Loop: Leaders of the Pacific Smaller Island States have called on all nations – especially the advanced economies in the region – to rise to the challenge of climate change. They want to steer the world on a path where climate change is no longer a threat to earth. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news