Obama Is Not Insulting But Cheering India: Wall Street Journal


Washington: Observing that the "truth- telling" of U.S. President Barack Obama "evidently pricked the thin skin of India's politicians", a leading American financial daily has said he is in fact "cheering" the Indian elite and not insulting them.

"It is no wonder foreign investors are appealing to their leaders for help against Delhi's protectionism. Singapore Prime Minister Lee Hsien Loong alluded to how these policies created a poor business climate during a Delhi visit last week, which follows concerns more openly voiced by the UK's George Osborne and U.S. Treasury Secretary Tim Geithner.

"If Mr Geithner's boss is now joining the chorus, it's because previous warnings have gone unheeded," The Wall Street Journal said in its editorial on Obama's remarks in an exclusive interview to PTI recently.

In the interview, Obama had said that India needs "another wave of reforms" to make it "more competitive." The U.S. President went on to say that "in too many sectors, such as retail, India limits foreign investment."

Such views are hardly controversial among educated Indians, so one might expect the comments would be taken in the spirit of constructive criticism in New Delhi, the daily said.

"Wrong. Mr Obama's truth-telling evidently pricked the thin skin of India's politicians. Right-wingers, centrists and Communists united in attacking him for meddling in Indian affairs," the daily said.

Source: PTI