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Four people privy to discussions within the government told Reuters that officials believed a more robust online retail sector would spur manufacturing and consumption, helping revive an economy that has grown at below 5 percent for two years, the longest period of sub-par expansion since the late 1980s. (...) Deepa Thomas, spokeswoman for eBay (EBAY.O) in India, said it was excited about the opportunity and believed in the need for a carefully calibrated approach to opening up the sector.
After all, according to records made available under Obama’s 2009 transparency commitment, Omidyar has visited the Obama White House at least half a dozen times since 2009. During the same period, his wife, Pamela Omidyar, who heads Omidyar Network, has visited 1600 Pennsylvania Ave at least four times, while Omidyar Network’s managing partner, Matthew Bannick, has visited a further three. In all, senior Omidyar Network officials made at least 13 visits to the White House between 2009-2013. (In fact the logs indicate that, on several occasions, Omidyar visited the White House more than once in the same day. To avoid unfairly inflating the numbers, I’ve removed same-day duplicates from all the totals cited in this article.)
Two weeks ago, we reported that eBay founder Pierre Omidyar’s top man in India had secretly helped elect controversial ultranationalist Narendra Modi, implicated by Human Rights Watch and others in the gruesome mass killings and cleansing of minority Muslims. As we also revealed, shortly after Omidyar’s man publicly joined the Modi campaign in February, Modi suddenly began warming up to the idea of letting global e-commerce companies into the world’s third largest economy. Omidyar’s eBay, which draws the majority of its revenues from overseas operations, has been champing at the bit to get into India.