This opinion piece was originally published in The Boston Globe.
By Nicholas Burns, Professor of the Practice of Diplomacy and International Politics, Harvard Kennedy School; SAI Steering Committee Member
THE UNITED STATES has a major opportunity this month to return to a close security and economic partnership with India — a priority of the last three American presidents. The new Indian Prime Minister, Narendra Modi, signaled he wants to get beyond the problem-ridden last few years between Delhi and Washington by inviting President Obama to be the “chief guest” at India’s elaborate Republic Day celebrations on Jan. 26. This simple but important symbolic gesture may kickstart the revival both countries have been looking for.
Modi is seeking expanded ties between the world’s two most powerful democracies with one, major purpose in mind. His electoral mandate is to rejuvenate India’s sluggish economy. With 1.2 billion people and a burgeoning middle class, Modi is going all out to raise India’s GDP growth rate from an anemic (for India) 4.5 percent to over 7 percent for the years ahead.
At an Aspen Strategy Group meeting in Delhi I attended this past weekend, Indian government and business leaders made a persistent pitch for greater US investment capital and trade to help India emerge from its economic doldrums. And, in the western Indian state of Gujarat on Sunday, Secretary of State John Kerry challenged both countries to increase trade fivefold in coming years. In his first year in office, Modi has launched a New Deal-type crusade to reform the top-heavy Indian economy, clear away burdensome state regulations, and free the entrepreneurial spirits of the Indian people.