Tuesday, July 2, 2024 03:20 PM
Indian Foreign Minister rejects Biden's xenophobia comment on economy
- Jaishankar defends India's economic strength and openness to society
- India's Citizenship Amendment Act aims to provide refuge to those in need
- Differing perspectives on immigration and economic growth between India and US
Image Credits: arabnewspkIndian Foreign Minister Jaishankar refutes Biden's xenophobia remark on India's economy, highlighting the nation's inclusive immigration policies and contrasting views on economic growth.
Indian Foreign Minister Subrahmanyam Jaishankar has firmly rejected US President Joe Biden's recent comment about 'xenophobia' hindering India's economic growth. Jaishankar emphasized that India's economy is not faltering and highlighted the country's historical openness to society.
During a round table discussion, Jaishankar pointed out that India's Citizenship Amendment Act (CAA) aims to provide refuge to those in need, showcasing the nation's willingness to welcome immigrants fleeing persecution from neighboring countries.
Earlier, Biden had mentioned 'xenophobia' in China, Japan, and India as obstacles to economic progress, while praising the positive impact of migration on the US economy.
The International Monetary Fund (IMF) recently forecasted a slowdown in growth for Asia's major economies in 2024, contrasting with a slight growth projection for the US economy. Economists attribute part of this growth to migrants contributing to the country's labor force.
The exchange of views between Indian and US officials underscores differing perspectives on immigration and economic growth. While India emphasizes its inclusive policies towards immigrants, the US highlights the economic benefits of welcoming migrants. The ongoing discourse reflects the complex interplay between migration, economic development, and national policies.
