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Economic Reform in India poised to accelerate U.S. relations

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LOS ANGELES (Diya TV) — A top American lawmaker said the economic reforms currently underway in India would not only serve to boost the country’s growth but also to accelerate the relationship the nation has with the U.S.

“Reforms put in place has helped us realized this impressive growth. I see an opportunity here to accelerate this (India-US) relationship,” said Congressman Ed Royce, who serves as the chairman of the House Foreign Relations Committee.

Royce, who is also one of the key founders of the House India Caucus, said Narendra Modi’s government has taken “impressive steps” to “boost growth; increase and investment” and double export. He said he would continue to strengthen this relationship. The top Republican Congressman was speaking on “the contribution of Hindu entrepreneurs to US economy” at the World Hindu Economic Forum in Los Angeles.

Now in its fifth edition, the World Hindu Economic Forum seeks to bring Hindu entrepreneurs from across the world together. Previous events have been held in Hong Kong, Bangkok, New Delhi and London.

Nearly 500 delegates have gathered from across five continents for this year’s event to cooperate and collaborate globally and help each other with market access, technology, innovation, and competitively priced capital for success in business.

The three-day conference will include appearances from some of the world’s most elite business minds, including Mohandas Pai, Gururaj (Desh) Deshpande, Vandana Tilak and Mukesh Aghi.

“Hinduism is not a stagnant thing. It is something that gets redefines,” Deshpande said. “I am hopeful that Hinduism would continuously get redefined… My hope is that out of all this one day we would one get a Vivekananda who would come and lead the world and bring about the much needed peace and harmony that the world needs at this time,” he said.

Congresswoman Tulsi Gabbard, the first Hindu-American to ever be elected to the House of Representatives, said there has never been the kind of excitement to realize the full potential of India-US relationship while speaking at the gathering.

She underscored the importance of spirituality and seva by the business and entrepreneur community. “We have an opportunity to make our offerings as actions,” she said as she shared her own practice of karma yoga has taught her how to view success.

Royce praised the contribution of the Indian-American community and mentioned the two Republican Indian-American Governors Nikki Haley from South Carolina and Bobby Jindal who was the two-term governor of Louisiana.

“The contributions made by Indian-Americans have changed the perception the most – whether it is the IT sector, whether it was in the hospitality industry, or whether it is in the physicians community,” he said.

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