(a) the details of the Indo-USA economic cooperation and the
development assistance received, sector-wise;
(b) whether the USA has recently evinced keen interest in the
development and financing of infrastructure sector;
(c) if so, the details thereof and the key areas identified;
(d) whether any modalities have been worked out; and
(e) if so, the details thereof?
MINISTER OF FINANCE (SHRI PRANAB MUKHERJEE)
(a) to (e) A statement is laid on the Table of the House.
Statement referred to in reply to part (a) to (e) of Lok Sabha Starred Question
No.347 regarding `Indo-USA Economic Cooperation` by Shri P. Balram Naik and
Shri Rajiv Ranjan Singh alias Lalan Singh for answer on 03.12.2010
(a) India and USA enjoy close economic cooperation on a wide range of issues.
Economic cooperation between India and USA is characterized by the growing and
balanced trade and rising flow of investments in both directions. Cooperation
between the two countries was further strengthened with the launch of the Indo-US
Financial and Economic Partnership on April 6, 2010. During the recent visit of
US President Obama to India, the two sides agreed to take all necessary steps to
realize fully the potential for trade and investment for enhancing bilateral
economic cooperation.
The development assistance received from the US in last five years,
sector-wise is given below:
Amt. in INR (in Crores)
Sector Year
2005-06 2006-07 2007-08 2008-09 2009-10
Health 40.02 40.72 59.88 51.14 14.15
Energy 0.57 0.31 0.00 1.92 0.00
Others 12.06 3.52 4.23 4.11 0.00
Total 52.65 44.55 64.11 57.19 14.15