Firstly comparing GDP in PPP terms is stupid.The strength of the economy is best measured in Nominal terms or on dollar value. Currently as of 2014 China's GDP stands at 10 trillion $ as opposed to nearly 2 trillion $ for India which means India's economy is mrerly 1/5th of that of China. By 2019 China's GDP would reach 14.8~15 trillion $ as opposed to 3 trillion $ for India. According to PWC by 2030 China's economy would reach around 23 trillion $ as opposed to a mere 8 trillion $ for India and by 2050 China would be around a 48.5 trillion $ economy and India a 27 trillion $ economy
A lot easier if visualized in graphs... but of course recent RMB dip has to be taken into account, plus economic slowdown
Dynastic politics is not always to blame . Look, Abe has 2 grand fathers who were also Japanese PM . LDP (Liberal Democrats) has been the post-war ruling party with very short interruptions (one-party rule per se). p.s. I mention Abe becoz I saw a separate post referred to Modi's economics as Modinomics
we cant bulldoze the policy like china its not authotorian country so chineese punks dont share all those data ..
actually india's failure cannot be explained away by democracy because if democracy is really a good system then it should deliver and if it can't deliver then it isn't a good system....got the point? india is theoretically a democratic state but practically it's not, @amoy gave the example of Abe but its not accurate because in India the congress party has divided the country on the basis of caste and religion and they play dirty politics, so small parties get lots of vote and congress give them money and power to form coalitions, its totally different from japan
it's not "the new news",nothing new here,china's income is 4 times the india both in nominal and per capita,it is well known thing.
Whats the point of being the greatest democracy but with the worst living standards. The system of democracy is for the people but in actuality Indian democracy is flawed and dysfunctional. You cannot use democracy as an excuse for the lower than China's performance. We cannot be continuously be arrogant and proud of something that we are not.
Well the statistics indeed paint a gloomy picture for us.However I would prefer democracy over a totalitarian regime any day.One must not forget that a comparison between China and India is not fair.China was never colonized in its entirety(some parts were like Hong Kong etc).The colonization of India has set us back a lot and we still have to carry that burden of colonization.When the British left India they left it in a decaying state.I think that in 60 years of independence we have achieved a lot though we still have a few problems.If we get another 60 years of better governance we can catch up or even better China.If you compare our performance with formerly colonized states(not pseudo colonies like Australia,Canada etc) then we are certainly better than the rest.
This is a very lousy answer. Actually India cannot do anything.Leave alone building a skyscraper,this country cannot even provide basic healthcare and education. Do you even realize the implications of widening gap between India and China ? If china chooses to rein in on India,there is absolutely nothing India can do other than praying to god.
I know there is nothing new here but remember just 20 years ago China and India were on the same level but in just 20 years China has left us behind by half a century.
sir, kindly explain how india is not democracy, india is not pakistan where government is elected and army rules,in india elected government rules and parliament creates law and judiciary system applies it , so please tell how india is not a democracy
please read THE BET written by anton chekov, he has described freedom superior to money cause you have money and not freedom to use it, you have education and you can't express it via newspaper or you cannot have 2 kids. And also ANIMAL FARM by george orwell ,he showed the cruelty of russian communism(he was awarded noble price for it)
We let a few rotten apples into our democratic system and it is polluted for life. India will always be the pariah nation as long as those rotten politicians are not purged. Sometimes to cure a disease, we need a complete change of lifestyle. Maybe...just maybe we need a revolution and abandon democracy for a while. Maybe the East Asian concept of gradual transition to democracy is a better option.....just look at Korea, Singapore, Taiwan and Japan. Yes, no democracy in India is a very very frightening but maybe it is really neccessary for a better India.
You mean to tell me that we have been very generous and supportive to our poor and under privileged all this while? Socialism in Russia, China, Cuba, and Scandinavian countries yielded very different results. Democracy in different countries also yielded very different results too. Cleverly written books taking about one side of the story does not reflect the whole story. There are many cleverly written books from the opposite side too. You are just being selective and presumptuous in your choices to believe in. As far as I know, everything is a double edge sword.....it cuts both sides.
India is a democracy only in polling booths and law books,Outside it's a combo of kleptocracy,oligarchy and mafistocracy where a tiny elite minority live on looting and plundering the impoverished masses.
as a economist marx was extraordinary and he solved many problems of labourers and welfare state,the newest form of democracy is a gift of him to world but politically communism is a form of totalitarianism,like that of hitler or mussolini. No freedom to newspaper,humans and THE BIGGEST PROBLEM OF COMMUNISM IS IT SEES MAN AS A MEANS OR A DEVICE AND DO ANYTHING SO THAT PEOPLE LISTEN WILL OF STATE
Let me tell you why India is a democracy. In India, the government is elected and, corruption, nepotism and cronyism rules. In India , elected government misrules, parliament creates mostly unjust and inapplicable laws and the judiciary system applies it to the poor and defenseless. India is indeed a democracy....a dysfunctional democracy.
@jon88 we doesn't solve the problems of poors but a communism doesn't do it eighter, a line from animal farm THE FARM BECAME RICH BUT MAKING ANIMALS POORER , in 199. When soviet russia collapsed then many people got fal look of russia @CrYsIs there is a world famous line from animal farm and you may have read it in newspapers ,he wrote it about russia and communist nation ALL ANIMALS ARE EQUAL BUT SOME ARE MORE EQUAL THAN OTHERS in communist party is superior to everything in communist nation we have freedom as well as freedom to fight election and why don't you stand for a party instead of blaming system
