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Dear members and friends,
After Winter, Spring
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Let the dust settle over the collapsed castle of cards that creative finance has become. Let doomsday sayers, witchcraft doctors and hapless politicians find the way out of the mess. Let us remain positive and look at what good may surface from the smouldering ashes of the Wall Street model of capitalism which allowed finance to prevail over the real economy and used over-indebtedness to fuel economic growth.
Gone with it is the irrepressible lure that this model exercised over the young Indian elite. Does old Europe not look more attractive and safer all of a sudden?
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Michel Sabatier,
Secretary General |
Will the crisis not accelerate the rise of India on World stage as a responsible global power? Will India not shine as a beacon of hope for Europeans in search of a large, still growing and largely crisis-resilient market and of a solid old time ally to reshape the World order together?
Will European unity not emerge stronger, as it may become obvious to all European governments that a country alone cannot fight a transatlantic tidal wave? Without a common €uro currency, Europe would have sunk. Has the time not come for a closer coordination of European economic policies and for setting a central financial regulatory authority to match the European Central Bank?
Amid din and furore, the Centre keeps forging ahead with its Euro-Indian co-operative endeavours at the grassroots level, where the real people toil and where the real economy lives on.
However minute it may look in the present World upheaval, we are proud to report that Ahmedabad, a partner of our last Goa Forum, signed two more co-operation agreements last week with Valladolid and Halle, both Forum partners too, and became the first Indian City to join the Centre as a member. So did Valladolid from Europe. Welcome to other Indian and European Cities, States and Regions to join the club!
We’d like to see these modest achievements as a little swallow that will make spring after financial winter is over.
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Michel Sabatier,
Secretary General
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Vallodolid and Ahmedabad Mayors signing a co-operation agreement |
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Vantage Point |
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If Indian industry is to become globally competitive, it is clear that small and medium enterprises (SMEs), which are the drivers of economic growth, must also be globally competitive.
[click here for more] |
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Politics and Economy |
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No fear of failure of any Bank
by Dr Manmohan Singh,
our President Emeritus
[click here for more]
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Policy & Regulations |
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The government has added mining, exploration and refining to its definition of the infrastructure sector.
[click here for more] |
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Kite Monitor |
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A round up of recent key developments in the knowledge, investment, tourism and urban development areas.
[click here for more]
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Article Alert |
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Memberspeak |
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What's New |
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The EuroIndia Sphere |
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Centre Activity:
The Centre hosted the Unesco-led delegation of the Mayors and Commissioners of 7 Indian Cities at its head-office in La Rochelle on October 1st. On this occasion, the Secretary General handed over an official invitation to the Mayors of Ahmedabad and Indore which partnered our last Goa EuroIndia Forum to join the Centre as institutional members.
(click here for more)
Ahmedabad Mayor, Kanaji Thakore, publicly declared in La Rochelle that his City has accepted the invitation and will become the first Indian City to become member of the Centre on the basis of a newly defined package of benefits.
(Click here for more)
The EuroIndia Centre arranged for the visit of the Ahmedabad delegation to Valladolid (Spain) for the signature of a co- operation agreement in the fields of heritage conservation and promotion of tourism on October 4th by Mr Javier Léon de la Riva, Mayor of Valladolid, and Mr Kanaji Thakore, Mayor of Ahmedabad.
(Click here for more)
The Centre also arranged to follow the visit of the Ahmedabad delegation to Halle (Germany) for another important co-operation agreement that was signed by Mrs Dagmar Szabados, Mayor of Halle, and Mr Kanaji Thakore on October 7th. It provides for the hosting of up to ten civic interns in Halle.
(Click here for more)
The EuroIndia Seminar on Urban Decentralization is tentatively scheduled on 3rd & 4th of February in Neemrana Fort hotel on invitation only. Confirmation is awaited from the Government of India and from the European Commission. If interested, Members and European and Indian experts may write to :
mady.tissot@the-euroindia-centre.org
(Click here for more)
Obituary :
We are sad to report the sudden demise of Jayant Bhuyan, Deputy Director of the Confederation of Indian Industry and CEO of India Brand Equity Foundation.
He was of a dear old friend to several of our members and a great supporter of the EuroIndia Centre. It is largely thanks to him that CII and IBEF partnered our last Goa Forum. He will be missed.
We express our sincere condolences to his family.
Colette Mathur & Jamshyd Godrej
Member News :
Colette Mathur represented the Centre at the 9th EU-INDIA Business Summit in Paris on 29-30 September.
(Click here for more)
Ahmedabad Mayor held a press conference upon his return from a successful tour of France, Spain and Germany.
(Click here for more)
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