NEW DELHI: Indian foreign minister Subrahmanyam Jaishankar rejected US President Joe Biden’s comment that “xenophobia” was hobbling the South Asian nation’s economic growth, The Economic Times reported on Saturday.
Jaishankar said at a round table hosted by the newspaper on Friday that India’s economy “is not faltering” and that it has historically been a society that is very open.
“That’s why we have the CAA (Citizenship Amendment Act), which is to open up doors for people who are in trouble ... I think we should be open to people who have the need to come to India, who have a claim to come to India,” Jaishankar said, referring to a recent law that allows immigrants who have fled persecution from neighboring countries to become citizens.
Earlier this week, Biden had said “xenophobia” in China, Japan and India was holding back growth in the respective economies as he argued migration has been good for the US economy.
“One of the reasons why our economy’s growing is because of you and many others. Why? Because we welcome immigrants,” Biden said at a fundraising event for his 2024 re-election campaign and marking the start of Asian American, Native Hawaiian and Pacific Islander Heritage Month.
The International Monetary Fund (IMF) forecast last month that growth in Asia’s three largest economies would slow in 2024 from the previous year.
The IMF also forecast that the US economy would grow 2.7 percent, slightly brisker than its 2.5 percent rate last year. Many economists attribute the upbeat forecasts partly to migrants expanding the country’s labor force.

JAKARTA: The Indonesian government will permanently relocate almost 10,000 residents after a series of explosive eruptions of the Ruang volcano has raised concerns about the dangers of residing on the island in future, a minister said on Friday.

About 9,800 people live on Ruang island, in the province of North Sulawesi, but in recent weeks all residents have been forced to evacuate after the mountain has continued to spew incandescent lava and columns of ash kilometers into the sky.
Authorities this week raised the alert status of the volcano to the highest level, closed the provincial airport in Manado, and also warned of the a possible tsunami if parts of the mountain collapse into the surrounding waters.

Hundreds of “simple but permanent” homes would be built in the Bolaang Mongondow area to facilitate the relocations, said coordinating human development minister Muhadjir Effendy, after a cabinet meeting to discuss the volcano on Friday.
“As instructed by President Joko Widodo, we will build houses that meet disaster-standards,” he said, adding that the site was located about 200 km (125 miles) from Ruang island.
Mount Ruang began to dramatically erupt last month, with experts saying the eruptions were triggered by increased seismic activity, including deep sea earthquakes.
The mountain erupted again on Tuesday, causing damage to some homes and forcing residents to evacuate from the Tagulandang island, where they had initially sought refuge, to the provincial capital of Manado.
Roads and buildings on Tagulandang were blanketed in a thick layer of volcanic ash, and the roofs of some homes had collapsed, according a Reuters witness.
The volcano had not erupted on Friday but Manado’s Sam Ratulangi Airport remained closed until the evening due to the spread of volcanic ash.
Indonesia straddles the so-called “Pacific Ring of Fire,” an area of high seismic activity where multiple tectonic plates meet.