New Delhi: When UPA government at the centre is reeling round and feeling giddy, after the 1.76 lakh crores lost in 2G Spectrum, and over Rs.30000 crores in CWG scams, it appears that Indian govt. has helped the Obama’s democratic USA govt., to the time of Rs. 1.83 lakh crores to get over recession and meltdown in US economy, and this is feared to be lost for ever , as America is downgraded as a defaulter in paying its huge loans in trillions of dollars since 3 to 5 years.
Who prompted such generosity, when Wiki leaks had exposed Ms.Hillary W. Clinton (Rodham) as setting up minutes enquiries into India’s diplomatic conducts in several states, through US embassy in India all the while, is not clear.
Why 41 billion dollars had to be given to save USA, when Indian poverty spoke of 30% people under BPL, and 20% in APL?
The American national debts had gone up to 15 lakh crores in dollars (id=45 Rs), of which 4.5 lakh dollars of govt. bonds had to be redeemed here. China had invested in America to the extent of 1.5 lakh crores in dollars.
India is 14th in the line of creditors to USA. Most of the USA bonds are with RBI in the loans due to India. Other Indian banks also have a share in these US loans.
One has a lingering doubt whether the 2G scam was the result of such a generosity on the part of a developing country like India, towards a developed (leader) country such as USA, without anything in return. Our exports have fed USA in the long run at the cost of our own poor people, who hardly have a dinner a day.
The Congress Govt., over the years has cheated its own people by exporting our best materials, without distributing them to the needy people at home.