This is real money and you are the most important part of the show. Tell us what is on your mind by tweeting us at ali velshi. India is celebrating what could be a crucial boost for that countrys troubled economy. Narendra modi surged to victory in a landslide over the Ruling Congress party. More than half a billion indians cast votes to put hundred do yous National Party on track. And that makes modi indias next Prime Minister. Many supported modi. The 63yearold leader, and son of a tea peddlering. Supporters were inspired by promises to pump up investments, create jobs. Modi will inherit a country plagued by corruption and inflation. The earlier stellar performance is a key reason india became the iin bricks. The acronym for some of the worlds growing economies. Budget deficits and weak consumer demand have taken a toll on the worlds tenth biggest economy. The stock market surged to a 6 record before closing up 1 . The 30 year stock sent its index up 22 since m odi became the Prime Minister candidate, and the rupee has stabilized. And the countrys rating could be raised if the government cuts the budget deficit and takes other steps to restore confidence. That confidence is critical to increasing investment in the country. The key to that lays partly in modis ability to cut red tape. Reporter with celebration comes hope of a jumpstart to indias economy. In his bid to become Prime Minister, Narendra Modi vowed to roll out the red carpet not the red tape to investors, and cutting the red tape is much needed. Everything in building roads to factories has been stalled. Making it difficult to buy land is one of them. Its estimated that the sluggish growth has cost india 104 billion in investments. You hear stories about countries waiting until the government is more business friendly before investing. Reporter Foreign Investment is higher than it was before. Some economists say expectations need to be tempered since it will be far tougher for modi to accomplish on a National Level what he did in his home state. Reducing the amount of red tape thats holding back indias economy wont be easy or quick. Author of my two indias, she joins us now in studio. Your reaction to the election . I was florida by how definitive it was, i was to say. For weeks everyone said Narendra Modi is going to be the next Prime Minister of india. I dont think i expected it to be so resounding. I thought that congress, the incumbent party having been the party of indias independence, i thought some folks would still be hanging on and you saw a total sweep last night. To deliver on his promise of Economic Empowerment what steps will we need to take. Reducing red tape is really at the front of his agenda. There is what is known a license in new delhi which is to say to push one paper from one agency to get approval for mining license, for example, could take up to 12 years paying every step of the way. Thats partly what has deterred Foreign Investment. Modi knows this and hell have to take steps to get two types of watchdogs. J. There was an act called right to information a few years ago which basically empowered indians to ask the government for information. And so there are weapons like report a bribe, and is this going to constitutionally change everything overnight, no. I think everyone knows this is going to be a slow process. But the promise of more important investment. The promise of jobs is going to have to move thisi mean, thats the hope here, that its going to move it in the right direction. What sectors of indias economy will see the most Foreign Investments in the short term now . There are some sectors that have been open, mining, for example, the process of getting a license or being able to actually mine the root of Infrastructure Development and field and its a cumbersome process. Well see more investment there. Media is another sector to keep an eye on. Right now Foreign Investment and media, are we about to see al jazeera in india . So there is a potential for information and Tech Companies coming in in a way that they havent been able to. Is there the potential, though, for Media Companies afraid of a hard line right wing government that may be friendlier towards censorship than a centrist government . Thats an excellent observation. In modis case dont forget this is the right wing party. There is a cultural agenda here. This is a way of life. He ran on a secular campaign, but many wonder if its just to get him in office and if hell walk that talk. India has a long history of censorship, books, what people are allowed to express. This is an area where a lot of intellectuals are afraid. There are many who are in fear intellectuals today are not pleased with this outcome. In american politics we always talk about a honeymoon period when a leader gets elected. Is there such a thing in india, and how much time does modi have to show people that things are changing, before they get jaded. India has not handed this many seats to a party in 30 years. That tells you that a population was waiting for an answer. Now, if you wait to be the answer, that remains to be seen. But i think there were so many people willing to give that chance. This is not a case where he, like, squeaked bu by. This is a resounding victory. There is this climate of fear. But for the most part his attitude we have to move ahead. We have to build it. The jobs will come. This demographic is hungry for jobs and education. Thats his platform. I dont think anybody would disagree that india needs more jobs in india right now. The ideas editor. Thank you for coming on the program. Thank you. Youre welcome. Call it the cost of silence. General motors will pay a record fine for waiting too long to tell anybody about a defect that led to crashes and deaths. Well look at what that means in the long run for g. M. And consumers coming up. How big business is trying to tailor classes and fill jobs at the same time. That story and more as real money continues. The sun. Saving you money we harvest a lot of free energy and so were completely off grid here how many of the appliances were almost a little too smart for us . Techknow every saturday, go where science, meets humanity. This is some of the best driving ive ever done, even though i cant see. Techknow General Motors is paying a steep price for failing to speak up. It was slapped with a 25 million civil fine for waiting too long to acknowledge faulty ignitions that led to several crashes. Mary barra said that she only learned about the problem last december, but investigation shows that the company knew about the issue years before. Since 2009 g. M. Has had information linking ignition switch problems with airbags failing to deploy. They had that information, and they told no one. They didnt tell ntsa, and they didnt tell their customers. In the meantime the customers were driving cars with a dangerous defect. 35 million doesnt sound like much. One of the biggest automakers in the world. But it is the maximum allowed. Todays deal allows g. M. To take part of unprecedented oversight in the production of its cars. We go to bisi onileere. Where g. M. Has its headquarters. What is the reaction from g. M. Reporter i can tell you right now the head of the Transportation Department made it clear that General Motors broke the law saying had General Motors issued release on these vehicles sooner, lives could have been saved. The automaker is facing 35 million fine. Its a record pay out to ntsa and its the maximum penalty under law. Earlier this year General Motors came under fire. It was back in february when it waited over a decade to report these recalls. Millions of vehicles that had faulty ignition switches. This default is connected to multiple deaths as well as crashes. Shortly after these crashes came out and found that g. M. Knew of all of these risks but did nothing about it. Soon after todays press conference with the government mary barra released a statement saying we have learned a great deal from this recall. Well focus on the goal of becoming an entry leader in safety. As a part of the settlement g. M. Has agreed to make internal changes when it comes to safety. Now, g. M. Right now theyre not completely in the clear. Two congressional committees, theyre still looking into g. M. In recalls as well as the justice department. Right now General Motors is facing a number of class action lawsuits and criminal charges could be down the line. Bisi, there is an accusation there is a culture of g. M. That needs to be changed as well. Did mary barra talk about that today . The thing weve been hearing a lot of with these recalls, theyre the result of the old General Motors. Mary barra has been with the company for many decades but said she was unaware of these issues. I think the way General Motors is able to get past this is that theyre equating themselves with the new General Motors, and that old culture of ignoring issues as they did no longer exists. Thanks for that report. For more now on what the governments focus on g. M. Will do, the culture of the company and what that means for auto safety. We go to nicky joins us from phoenix. First of all, your reaction to ntsa today. Reporter one of the things i was thinking about this announcement. From november 2009 was when General Motors and other car makers were going to congress to ask for a help. Ford bailed out of asking for a bailout. But this was the time g. M. Was looking for help. But in 2009 you would want your Company Look Like it needed help and deserving of help. There could be a reason why this information was not disclosed. The 35 million, the maximum that ntsa can impose, but can you put in perspective why this is just a drop in the bucket for g. M. Right now they will are allowed certain fines. There are three recalls, and it adds up to this amount essentially the thinking is that the car company shouldnt be burdened necessarily with higher fines at a time when theyre trying to fix cars. But obviously with the General Motors situation. And other recalls there is some support that is growing for bigger fines for the car company. We heard from bisi onileere that mary barra has come out and talked about the culture that a lot of g. M. Executives like to blame some of these problems on the old culture of g. M. Not the new leadership. Dubai that . Does it work . Im not sure that i buy that, and according to the wall street journal, they have hired their own lawyer to find out why the board of directors didnt get information on these recalls. This is something that is happening right now, and the board is very concerned that the information flow didnt make its way to the top. So ms. Barra can blame the old g. M. Culture, but if its old General Motors something is going on now, and the board cant get the information that it needs. Because g. M. Went into bankruptcy, the old g. M. Copt be held liable, but they might bring criminal charge to g. M. Do you see that happening . Im not sure that there could be criminal charges but there could be a settlement like the one they reached with toyota. Toyota admitted fault and agreed to pay 1. 2 million in cash, they issued a check to the justice department. But g. M. s situation gets sticky because old General Motors they spun off that part of the company that has liability for this. New General Motors it cancally is not liable, but it seems like theyll have to pay in some way. What does this do for g. M. Products moving forward. Does it also drive up costs . Well, every automaker would tell you as there are more safety requires that costs go up. I think General Motors and other Car Companies are putting a greater level of scrutiny on defects. Weve had two instances General Motors and toyota where the government has gotten involved and the government has forced these companies to pay up, or in g. M. s case its a small amount that will probably get bigger at some point. I think well see an improvement or increased focus on safety and yes it will cost more. As far as g. M. s future what do you see that being given the way their product line is going and possible exposure from this case . G. M. Has very important vehicles coming, and i know the company would like to have everyone focus on those vehicles and not so much the problems of the past. But there are probably a few things more coming. Theyve hired Kenneth Feinberg to decide whether the victims should receive compensation. This is the gentleman that handled the bp spill victims. Therel be more congressional hearings. I see this staying in the spotlight through the summer and possibly into the new year. Micki, than thank you for shg your insights, we appreciate it. My pleasure. For new college grads. They brought in actual cyber working people saying these are the classes you need to take, this is what theyre going to look for on your resume and this is what you need to get a job. Blues do you want to buy a bigger house for your family . A lot of americans are choosing to remodel. Well explain the financials when we come back. Its the season for pomp and Circumstance College graduates receive their long awaited dim plow mas in ondiplomas in one hand and a student debt bill. The average graduate will carry a balance of. 33,000. In the meantime, the class o of 2015 will have even a bigger debt load. Theyre trying to put students in a better position to pay off their debt. And it will help students land jobs. These Days Companies are throwing millions of dollars at undergraduate programs thats helping schools fill funding gaps and let businesses know what theyre getting when they hire someone right out of college. How many computer languages do you speak now . I now its six. Which ones are this. Reporter lauren is a junior at the university of maryland, baltimore, county. She and a dozen other students are learning to sift through computer code and cyber viruses as part of a program heavily designed and funded by u. S. Defend contractor. The professor runs the universitys Cyber Security program. Corporate Research Goes to graduate students but increasingly businesses are realizing they have a pipeline problem at the graduate level. Largely focused on emerging Industries Like social media and mobile technology. Our companies rely on these new fields and the skill sets within them to innovate. There is a very high demand for undergraduate students. Brian fitzgerald runs the business Higher Education forum. The association of Corporate Executives and University Leaders help broker the deal. He said schools are welcoming corporate influence because they need the money. Federal and state spending on Higher Education has dropped from approximately 90 billion to 69 billion. At the same time demand for Higher Education continues to increase. Students like emily are enrolling in the program for Cyber Security because she sees it as an easy road to a good job. They brought in a lot more actual cyber working people. In three or four years out of school who were able to help us and say these are the tax clasclassesyou need to take. This is what it takes to get a job. Offering scholarships, fund computer labs and high tech resources, its helping to devise course work that its employees need. It will craft a framework for the course work, and then as a team well go back and review that framework. The firms in the industry will make recommendations. Firms have also given money to colleges and are now helping to shape curricula. Theyre redesigning researcher so undergraduates can get Research Experience through the corporate funded research. Other big business names are actively helping schools design course work to create the type of employees these corporations need. They also find Cyber Security program at california poly tech state university. All thee instances are investments weve made at the undergraduate level. Weve protected the core curriculum and added in decision to that the Cyber Security aspects. Thats been a win for emily. Do you have a job lined up . I do. Whats your job . Im going to be working in strategic operations. How much does that pay . 75,000. 75,000 . Remember lauren . Im planning on getting my masters after i graduate and working at the same time. Im planning on working for the department of defense. Reporter in baltimore county, maryland, al jazeera. Some critics worry giving corporation as big role in designing School Course work may leave graduates too narrow of an education. They say that could hurt them in a career that would most likely involve multiple job changes. But supporters say high tech jobs require drastic action. Coming up, how contractors adapt to the ups and downs to the Housing Market through renovations. A woman who made a big move to save her business, well check in on how shes doing after this. We have to move out of here right now i think we have a problem. We have to get out of here. Theyre telling that they they