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Barack Obama torpedos Bangalore -- again
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08-05-2009, 06:43 PM
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tgs
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http://infotech.indiatimes.com/News/...ow/4492045.cms
BJP: No outsourcing, no nuclear deal
"We will tell the Americans very clearly that we will not implement the Indo-Us nuclear deal, if this is the policy (removal of tax cuts for those outsourcing), you (will)follow with a friendly country like India," former Finance and External Affairs Minister Yashwant Sinha told PTI in an interview.
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"Why should India buy nuclear reactors from them, create employment opportunities in the US. If it (US) wants to extinguish employment opportunities in India by theses methods, why should we then generate employment for Americans by importing nuclear reactors from them," said Sinha, whose party has said it will
renegotiate the deal if it comes to power.
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Sinha asked if India should take the US stand on outsourcing lying down. "Look at what Obama is doing. First the H1B visas and now the taxation proposal that they will not give tax benefits to companies which outsource jobs outside. This is directed at India and the formulation is Buffalo and not Bangalore. Should India take it lying down," Sinha said.
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Nuclear deal could create 2,50,000 American jobs.
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