New Delhi: US President Joe Biden said that due to xenophobia, foreigners do not come to India and hence its economic development does not take place. This criticism of America was criticized by Foreign Minister S. Speaking at the Round Rebel Conference organized by the Journalists Association on World Journalism Day yesterday (Friday), Jaishankar said that India's economy is not in shambles. Secondly, historically India has always been an open and free society.
He further said that that is why we have CAA. (Civil Shipping-Amendment-Act) has been enacted. It has kept our doors open to survey people in trouble. My clear opinion is that those who need to come to India, and those who have authority over India, should keep the door open for the survey.
It is well known that US President Biden had said a few days ago that due to the xenophobia prevailing in China, Japan and India, their economies are lagging behind. When we welcome immigrants our economy thrives. Their economies are lagging behind.
This view of President Biden is baseless. That being said, observers say that India's economy is the fastest growing economy in the world. Its growth rate is expected to reach 7 percent in the year 2024-25. Also Biden's criticism that India does not welcome immigrants. That criticism is also baseless. India receives a large number of immigrant investors from all over the world and this is the reason why the Indian economy is the fastest growing economy in the world.
On the other hand, I may praise Biden as much as I want, but in this financial year the American economy is only 0.2 percent larger than last year. The growth rate which was 2.5 percent last year is estimated to be 2.7 percent in the current financial year.
On the other hand, Biden has welcomed immigrants while Republicans and their presidential candidate Donald Trump oppose immigrants.