Active Stocks
Thu Apr 18 2024 15:59:07
  1. Tata Steel share price
  2. 160.00 -0.03%
  1. Power Grid Corporation Of India share price
  2. 280.20 2.13%
  1. NTPC share price
  2. 351.40 -2.19%
  1. Infosys share price
  2. 1,420.55 0.41%
  1. Wipro share price
  2. 444.30 -0.96%
Business News/ Politics / News/  Comments on outsourcing need not bother us: Chidambaram
BackBack

Comments on outsourcing need not bother us: Chidambaram

Comments on outsourcing need not bother us: Chidambaram

Premium

New Delhi: Welcoming the election of Democrat Barack Obama as President of the United States, finance minister P Chidambaram said that his comments on outsourcing of services should not bother India.

“A comment here and a comment there (on outsourcing of services to India) should not bother us. Once Obama is in office, he will realise that it is an interconnected world and countries have to work together", he said.

“The US as the world’s largest economy and India as the world’s largest free market democracy have to work together," he said, adding Indo-US relations would continue to improve under the new administration.

Commenting on Obama’s election as President, Chidambaram said: “It is a transformational change in the US and many ghosts have been exorcised by this election."

“I think this (election of Obama) is a tribute to the US democracy that a young, forward-looking black has been elected," he added.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 05 Nov 2008, 01:54 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App