Indian Economy for Dummies

[Indx TechStyle]

But how? For any economy to surge to no. 1 position or to maintain there after becoming major financial power, that nation needs well sustained population like India and China. Chinese population will decrease from here on despite of their planning to revert back to 2 child policy. Population of India will remain same for distant future. Only 2 countries (Indonesia & Nigeria) are distant populated countries after CHINDIA & US. India will dominate the 2nd half of this century and I see India as unchallenged top superpower in atleast 22nd century too. Sad thing is that I won't be alive to witness this magical transformation.

1. Don't use word "Chindia". I'm of sick of it.
2. Whatever be population, country can be challenged by even half of economy if you have tech.
Obviously, US anand China are far more technologically advanced than us.

Obviously, Indian Economy can be no. 1 but it's too not an exception to others. It too will decline. Because Indian population will also decline in second half of century.
Plus Chinese will maintain a much higher GDP per capita so equal economy.

Spoiler: Way but absurd. :P

The only way that India become unchallenged is US and China collapse like USSR.
Otherwise, west, Russia and China destroy each other and only India is left.
But I think neither there's any glory in being the Lord of flies nor west, Russia and China are stupid enough to wipe out each other of map for clearing our path.. We'll have to do something about it.

Next 5 years plan (2017-22) will decide the intention of this government.
Generally, right wing is famous for,
1. Capitalism and business.
2. Hindu Nationalism

Go through the forum, all Hindu Nationalists are in love with commies.


Let's go on China.
China's communist only for name. They have a far more strong industrial base. Actually, I would suggest, they gonna be far more successful than Soviets in long run.
on topic:
You ever heard about four Asian tigers? They implemented liberalization in 60s that we did in 90s.
I know, India isn't a $hithole like @CrYsIs claims plus we may even not be any developed country like Tigers but at least would be in far more better position in terms of economic and technical capabilities today. 30-40 years of socialism ruined us, yet just 25 years of liberalism and capitalization saved us.

Against China's 47% skilled labour, we have only 3.5%. Government wants to make around 400 million skilled labour (around 27-28%) skilled people between 2017-22.
Let's hope they success. If economy can grow 7% at these conditions, what will be speed at what momento.
For now, let's not thump our chests. Wait for an year.
I will create an entire thread over next 5 years program.

IMO, main focus should be infrastructure. We invest extremely low.
Americans invested very high in 60s in infrastructure and reaped benefits in 80s.
Same goes for China. High speed train network can revive their growth (my apology to @shiphone to post 4 years old thread. Sorry man, I was posting too many threads on three forums. So, forgot to watch the date. ).
For India,
Current network:
Highways
1325km(shameful)
Target for 2022
~18000km excess
~19-20000 in total.

HSRs and bullet trains
Current: zero
First to be undergo construction from 2017.
Target is around 4000km+ with no time limit at the moment.

 

[HariPrasad-1]

India will be the last nation to be a superpower.Indonasia/Nigeria/Brazil may become developed some day,but no superpower.

Wait till 2050 and we shall see.

 

[no smoking]

You ever heard about four Asian tigers? They implemented liberalization in 60s that we did in 90s.

"Liberalization"? Are you kidding me?
Except HK and Singapore--2 CITIES, Taiwan and South Korea's policies were rather socialism than capitalism between 60s and 80s:

1. Close domestic market to foreign companies;
2. Give the top private companies favourite treatment beyond state-own enterprises;
3. Government dictated financial market and bank loans to support her industrial policies;
4. removing workers' right of strike, overtime rate, etc;
......
The list can go on and on.

I know, India isn't a $hithole like @CrYsIs claims plus we may even not be any developed country like Tigers but at least would be in far more better position in terms of economic and technical capabilities today.

I doubt it.
Yes, India's capabilities are better than theirs in 1960s.
However, India is not competing with them of 1960s but today's world. India doesn't have huge economic and technological advantage against today's south eastern Asia. But in 1960s, each of four tigers looked far better than any of their competitors:

1. They already finished initial industrialization at the time: HK and Singapore were trade and transport centres under british rule; Korea and Taiwan were logistic centres for Japanese war. Meanwhile, most of Asian countries were still agricultural countries.
2. They already popularised primary education while most of Asians were still struggling with 80% illiteracy.
3. They were key allies of American. US decided to build them up as the backbone of her network in Asia. So, they were in the best position of receiving US production and technology transfer.

In another words, they were special countries to British, Japanese and American politically and militarily.

Now let's look at India today:
Does she have obvious economic advantage over South Eastern Asian? Market size may be. But if you look at South Eastern Asia as one whole, this advantage won't be that impressive.
Does she stand advanced on technological ladder? of course not.

So, it will be lot harder for India to repeat what four tigers did in last centuries, not to mention one big difference: there wasn't a large China standing in their way in last 60s.

 

[Indx TechStyle]

"Liberalization"? Are you kidding me?
Except HK and Singapore--2 CITIES, Taiwan and South Korea's policies were rather socialism than capitalism between 60s and 80s:

1. Close domestic market to foreign companies;
2. Give the top private companies favourite treatment beyond state-own enterprises;
3. Government dictated financial market and bank loans to support her industrial policies;
4. removing workers' right of strike, overtime rate, etc;
......
The list can go on and on.

Whatever, I'm cursing Nehru policy.
He even rejected offer in 1955 when India could easily get in security council.
Yet liberalization could put India into better position.

I doubt it.
Yes, India's capabilities are better than theirs in 1960s.
However, India is not competing with them of 1960s but today's world. India doesn't have huge economic and technological advantage against today's south eastern Asia. But in 1960s, each of four tigers looked far better than any of their competitors:

I admit that China is a superpower and we are weaklings against them because we currently do not have "huge" advantage. But yes, we have a significant respectable power.
I think you'll agree on it.

1. They already finished initial industrialization at the time: HK and Singapore were trade and transport centres under british rule; Korea and Taiwan were logistic centres for Japanese war. Meanwhile, most of Asian countries were still agricultural countries.
2. They already popularised primary education while most of Asians were still struggling with 80% illiteracy.
3. They were key allies of American. US decided to build them up as the backbone of her network in Asia. So, they were in the best position of receiving US production and technology transfer.

In another words, they were special countries to British, Japanese and American politically and militarily.

Okay clapping for Koreans.

Now let's look at India today:
Does she have obvious economic advantage over South Eastern Asian? Market size may be. But if you look at South Eastern Asia as one whole, this advantage won't be that impressive.
Does she stand advanced on technological ladder? of course not.

So, it will be lot harder for India to repeat what four tigers did in last centuries, not to mention one big difference: there wasn't a large China standing in their way in last 60s.

I know that same way isn't feasible.
So, there is new policy for growth.
China has about 47% skilled labour, we have only 3.5%, So, will be creating around 30% by 22 which's nice for economic growth. So, there's a revival in economic growth and there are other many projects as well.
I will post a thread about it in 2017 when plan will be launched and publicized. We could discuss policies better then that what could be India's growth between 2017 and 22 and after 2012.

 

[HariPrasad-1]

People are talking about skills here.

We have a great talent pool in the area of accounts and finance. However they are wasted in tax compliance. If the tax laws are made easy and if this talented pool of manpower is diverted into financial management, security analysis and foreign currency management, we can certainly rule the world. we can have the significant influence in stock market of each and every country.

If you have a skill and you want to create assets, there can not be any better skill than the skill in finance. look at the people money these people like Harshad maheta made.

 

[garg_bharat]

@no smoking said: "So, it will be lot harder for India to repeat what four tigers did in last centuries, not to mention one big difference: there wasn't a large China standing in their way in last 60s."

I doubt China is standing in India's way. Your thinking is faulty.

India's own policies and resistance to change has been the reason for low growth. The problem is compounded by less natural resources compared with population.

India is at take off stage. If political class is supporting then India can grow 7%+ consistently.

China cannot do much to stop India.

India's economy was $350B in 1992. It is expected to be 2.45T in 2016.

This is roughly a yearly compounded growth rate of 8.3% in USD terms.

We expect this performance can continue till 2050 at least if political developments are supporting.

 

[garg_bharat]

Current network:
Highways
1325km(shameful)
Target for 2022
~18000km excess
~19-20000 in total.

Can you cut back on your posts. You frequently post wrong data.

India has three types of highways.

Expressways (limited access, min 4 lane) - 1000+km
National highways - around 95000km out of which 25000km are four lane
State highways - 150000km

The national highways carry most of the goods and passenger traffic and are well maintained.

Even lot of state highways are also upgraded and are in excellent condition now.

 

[Indx TechStyle]

Can you cut back on your posts. You frequently post wrong data.

India has three types of highways.

Expressways (limited access, min 4 lane) - 1000+km
National highways - around 95000km out of which 25000km are four lane
State highways - 150000km

The national highways carry most of the goods and passenger traffic and are well maintained.

Even lot of state highways are also upgraded and are in excellent condition now.

That's not my fault.
I'm talking of standard motorways buddy.
Got from Wikipedia.
Look it changed again.
https://en.m.wikipedia.org/wiki/List_of_countries_by_length_of_expressways
If you're talking of total road network, then, we have even larger than China.
Just second after USA.

 

[no smoking]

Whatever, I'm cursing Nehru policy.
He even rejected offer in 1955 when India could easily get in security council.
Yet liberalization could put India into better position.

Really feel sorry for Nehru: so far there is no one being able to provide any credible paperwork to prove that USA or USSR made the offer, but this man was already convicted.

I admit that China is a superpower and we are weaklings against them because we currently do not have "huge" advantage. But yes, we have a significant respectable power.
I think you'll agree on it.

No, I don't agree. China is NOT a super power currently. Whether or not she becomes a superpower will depends how things play out. And India doesn't have a significant respectable power in economic field otherwise we won't discuss this topic here.

I know that same way isn't feasible.
So, there is new policy for growth.
China has about 47% skilled labour, we have only 3.5%, So, will be creating around 30% by 22 which's nice for economic growth. So, there's a revival in economic growth and there are other many projects as well.
I will post a thread about it in 2017 when plan will be launched and publicized. We could discuss policies better then that what could be India's growth between 2017 and 22 and after 2012.

What new policy?
Increasing skilled labour is not a policy. How to increase skilled labour is a policy.
Revival of economic growth is not a policy. How to revive economic growth continuously is a policy.

 

[no smoking]

@no smoking said: "So, it will be lot harder for India to repeat what four tigers did in last centuries, not to mention one big difference: there wasn't a large China standing in their way in last 60s."

I doubt China is standing in India's way. Your thinking is faulty.

Now your PM starts "make in India" hoping to get manufacturing jobs for India workers. Where do you think those jobs coming from? Oh, yes, CHINA!

You may say these jobs are controlled by western companies and Chinese has no say. But it doesn't change the fact that China is still competing for these jobs: they are trying to move some of them into inner China while convincing the other manufacturers to re-locate their factories into South Eastern Asian countries--China's neighbourhood.

India's own policies and resistance to change has been the reason for low growth. The problem is compounded by less natural resources compared with population.

India is at take off stage. If political class is supporting then India can grow 7%+ consistently.

China cannot do much to stop India.

India's economy was $350B in 1992. It is expected to be 2.45T in 2016.

This is roughly a yearly compounded growth rate of 8.3% in USD terms.

We expect this performance can continue till 2050 at least if political developments are supporting.

Unfortunately, this world doesn't move around India. There are quite a lot external factors affecting these great expectations. In most of time, external factors have more influence than the internal factors on the final result.

I strongly suggest our Indian friends spending some time to study the detail of world economic history after ww2.
Just a tip: in the past 60 years, the world manufacturing factories moved in one route: Japan-->four tigers-->South eastern Asian-->China.

 

[garg_bharat]

@no smoking, it is not history but propaganda that you spew.

You are a diehard propagandist.

India and China are parallel economies and there are very little interconnections.

Competing for same jobs is illogical statement, as India's exports are still modest, so manufacturing is oriented towards local market.

Your mindset is overpowered by 'export oriented' east Asia. India is not export oriented.

India does not emulate Japan or east Asia.

China has no impact on Indian growth or lack of it.

You are suffering from magalomania, you see a Chinese influence where none exists

 

[Indx TechStyle]

Really feel sorry for Nehru: so far there is no one being able to provide any credible paperwork to prove that USA or USSR made the offer, but this man was already convicted.

It's not one blunder Buddy.
He has done many insane things.
This was one of them.

No, I don't agree. China is NOT a super power currently. Whether or not she becomes a superpower will depends how things play out. And India doesn't have a significant respectable power in economic field otherwise we won't discuss this topic here.

If throw down China's superpower capabilities, India will also lose room in global arena automatically.
You just killed the topic.
Congratulations, even if China can't defeat USA(it can though), it can make them watch stars in day at least once, and if India isn't strong like them, it can at least someone make re think about enmity because of the extent of damage that could be caused.

What new policy?
Increasing skilled labour is not a policy. How to increase skilled labour is a policy.
Revival of economic growth is not a policy. How to revive economic growth continuously is a policy.

And I will post about how to revive in 2017. These are targets.

Now your PM starts "make in India" hoping to get manufacturing jobs for India workers. Where do you think those jobs coming from? Oh, yes, CHINA!

You may say these jobs are controlled by western companies and Chinese has no say. But it doesn't change the fact that China is still competing for these jobs: they are trying to move some of them into inner China while convincing the other manufacturers to re-locate their factories into South Eastern Asian countries--China's neighbourhood.

You simply mean Indian Companies are nothing. Plenty of Indian Companies work overseas. Primary objective is to call them back.
World's entire job and market isn't centred in China.
India is second biggest thief of American jobs after China.

Unfortunately, this world doesn't move around India. There are quite a lot external factors affecting these great expectations. In most of time, external factors have more influence than the internal factors on the final result.

But how to make world rotate around you is diplomacy.
If you still not got what I'm pointing out, you aren't watching news about strategic aspects now a days.

I strongly suggest our Indian friends spending some time to study the detail of world economic history after ww2.
Just a tip: in the past 60 years, the world manufacturing factories moved in one route: Japan-->four tigers-->South eastern Asian-->China.

And I suggest you to watch current.
Economic
Chinese Slowdown + Indian Acceleration+ Britain etc. no more industrial
As soon as India gets skilled force and manufacturing hub (specially electronics), manufacturing will move here. Even Apple is looking for moving manufacturing towards India.

Strategic:
US + EU vs Russia + China
India is probably deciding to join (or probably fooling everyone) Amy club.

Obviously, you won't deny that India can add at least a significant weight on the side militarily and economically which it joins.
Now, care to watch at butter polish articles and shows from Chinese media about Great, Ancient Respected Nation etc. etc. Nation of India.
Can't be a coincidence. Otherwise, why it didn't happen before? :biggrin2:
Ask for links, regards.

 

[no smoking]

@no smoking, it is not history but propaganda that you spew.

You are a diehard propagandist.

India and China are parallel economies and there are very little interconnections.

Competing for same jobs is illogical statement, as India's exports are still modest, so manufacturing is oriented towards local market.

Your mindset is overpowered by 'export oriented' east Asia. India is not export oriented.

India does not emulate Japan or east Asia.

China has no impact on Indian growth or lack of it.

You are suffering from magalomania, you see a Chinese influence where none exists

I guess your own prime minister doesn't agree with you:

http://www.newindianexpress.com/bus...bal-Export-Hub’/2014/08/16/article2381515.ece

Quote:
“From ramparts of the Red Fort, I would like to call people of the world to ‘come, make in India’. Come here and manufacture in India. Sell the products anywhere in the world but manufacture here...we have the power, come I am inviting you,” the Prime Minister said.

 

[no smoking]

It's not one blunder Buddy.
He has done many insane things.
This was one of them.

Do you have foreign government documents proving that this offer was made?

If throw down China's superpower capabilities, India will also lose room in global arena automatically.
You just killed the topic.
Congratulations, even if China can't defeat USA(it can though), it can make them watch stars in day at least once, and if India isn't strong like them, it can at least someone make re think about enmity because of the extent of damage that could be caused.

What respectable economic power are you talking about here?

You simply mean Indian Companies are nothing. Plenty of Indian Companies work overseas. Primary objective is to call them back.

Do you have a data for this "plenty"? and how many jobs now in overseas?

World's entire job and market isn't centred in China.
India is second biggest thief of American jobs after China.

The world's entire job isn't centred in China. But, the majority of manufacturing jobs which India desperately wants is centred in China.

[/QUOTE]But how to make world rotate around you is diplomacy.
If you still not got what I'm pointing out, you aren't watching news about strategic aspects now a days.[/QUOTE]

All you say is "Yes, India can".

And I suggest you to watch current.
Economic
Chinese Slowdown + Indian Acceleration+ Britain etc. no more industrial
As soon as India gets skilled force and manufacturing hub (specially electronics), manufacturing will move here. Even Apple is looking for moving manufacturing towards India.

So far, all you say is "Yes, India can" without any detail. Listen to yourselves "As soon as India gets skilled force and manufacturing hub", sounds like "as soon as I get enough food, I won't starve again".

Strategic:
US + EU vs Russia + China
India is probably deciding to join (or probably fooling everyone) Amy club.

Obviously, you won't deny that India can add at least a significant weight on the side militarily and economically which it joins.

Guess why India hasn't join any side until today? No one wants to pay you!

Now, care to watch at butter polish articles and shows from Chinese media about Great, Ancient Respected Nation etc. etc. Nation of India.
Can't be a coincidence. Otherwise, why it didn't happen before? :biggrin2:
Ask for links, regards.

Do you miss the word "ANCIENT"?

 

[garg_bharat]

I guess your own prime minister doesn't agree with you:

http://www.newindianexpress.com/business/news/‘Make-India-a-Global-Export-Hub’/2014/08/16/article2381515.ece

Quote:
“From ramparts of the Red Fort, I would like to call people of the world to ‘come, make in India’. Come here and manufacture in India. Sell the products anywhere in the world but manufacture here...we have the power, come I am inviting you,” the Prime Minister said.

China has no role or effect in any Indian plan.

People are listening to PM, and FDI is going up. This FDI is not only export industries but also meeting local demand.

There is a big expansion of local market as GDP increases. The rupee expansion of GDP is about 14% per year. However prices of manufactured products see very little increase. I bought a small Suzuki car in 1996 for 240k. It is still available for same price.

The volume of industrial output is increasing at a good pace in India, much of which is driven by local demand.

Many Chinese companies have offices in Gurgaon. They are here for the opportunities in the local market.

You make a mistake in understanding. The imports will go down as more industrialization occurs. This means import substitution is occurring.

So far there is no big push in exports but it will grow naturally with the size of industry.

 

[Indx TechStyle]

Do you have foreign government documents proving that this offer was made?

Probably government have.
DFI members aren't freaks who start
creating thread against a leader of which we were fan a decade ago.
Plus history
His confused diplomacy, socialist policy and scams.
It's Democracy. We can bash leaders.

What respectable economic power are you talking about here?

Nothing.
Country with 7th and 3rd largest economy in nominal and PPP, 6th largest defense budget, fifth Navy, fourth air force or 3rd army, with one of the largest infrastructural networks,
Part of many important supernational bodies, overlord of IOR, not no.1 but still a large industrial base, largest producer of many items, IT hub, emerging economy, major space power :blah::blah:
Nothing bro,
USA, China, Russia, India, EU etc. are nothing.
Nepal and Bhutan must be real global powers.

Do you have a data for this "plenty"? and how many jobs now in overseas?

Make in India program.
Main data won't be released before 2022.
Well for jobs, after launch of skill India campaign there was news for some million jobs for some weeks.
I will search links for you if you want.

The world's entire job isn't centred in China. But, the majority of manufacturing jobs which India desperately wants is centred in China.

Now, I need some data from you.
Here's one example from me.
http://english.manoramaonline.com/b...ip-india-china-markets-smartphone-growth.html
Ask for more.
Off topic:
You are yourself centred in Oceania instead of China. Don't you want to settle there?

All you say is "Yes, India can".

So, what do you wanna say?
It isn't doing.

So far, all you say is "Yes, India can" without any detail. Listen to yourselves "As soon as India gets skilled force and manufacturing hub", sounds like "as soon as I get enough food, I won't starve again".

17-22 Five Years plan + Investment
That's the logic.
We've doubled number of internet users.
Easing loan for industries, eliminating flawed laws and inspections and ease for students.
Go to main threads instead of eating up my mind.
Will I have to run my thousand messages again here?

You are asking "What what".
Like nothing happened. Everything fell in the stream of time and washes away?

Guess why India hasn't join any side until today? No one wants to pay you!

Your media says something else:
http://www.globaltimes.cn/content/974019.shtml

http://www.globaltimes.cn/content/978884.shtml

Do you miss the word "ANCIENT"?

No, instead I'm happy that those terrorists got apart from our country.

For your previous comments:
Who is China? China is still not a global power, not any economy, it has nothing, won't do anything in future. Etc..

And if you'll answer how China is? You will get about India as well.

 

[CrYsIs]

I would love to know about those most aspects.
Like GDP per capita, Human Development Index, Global Slavery Index, poverty ratio, Happy Planet Index or something else with sources.
Tell me.

The fact that India has malnutrition rates at par with a country that starves it's citizen and is charged with crimes against humanity is beyond humiliation.

Name any single Sub Saharan country to be richer than India.
Only one.
Come on do it fast.
Even if I win the bet, I would pay for your visa and permanent residency in sub Sahara Africa. I will also come to see you off on airport.
May you have a happy life in sub Sahara Africa.

List of Sub Saharan African countries richer than India

1) Angola
2) Botswana
3) Cape Verde
4) Equatorial Guinea
5) Gabon
6) Mauritius
7) South Africa
8) Namibia
9) Swaziland
10) Seychelles

You asked for one,i gave you ten.And to educate your ignorant mind,richness of a country is measured by per capita income on PPP.

These incompetent industries have conquered up many markets including Russia.
But I know you'll only lick boots of your communist Chinese masters.

India has conquered foreign markets ? What kind of joke is this ?

This is because India started in 90s, even then reached here. By 2030, it will be $10-12 trillion.
Before 90s, Indian Economy was socialist resulting slow growth, later it became capitalist but service based.
Now, it is being re configured to be a production based economy in 2022.

You don't have to teach me that.Neither was India a proper socialist country before 90's and nor is India a proper capitalist country now.It has a restrictive form of economy that is tightly controlled which is manifested in it's extremity bad ranking in ease of doing business.
Now come out of your day dream and into the reality of India being just over a 2 trillion $ economy that is basically facing a jobless growth and it's growth is attributed to base effect.India was expected to become at least a 4 trillion $ economy by 2020,but it looks even this simple target is beyond India's reach.

You're simply saying that Singapore and South Korea etc. must have collapsed long ago. But they exist, because of decrement.
India malnutrition declined from 47% to 30% in a very short period of time, targeting for 10% soon.

Singapore and South Korea never had a humongous population like India,so malnutrition never affected them as much as it is affecting India.India's malnutrition rates fell from 42% in 2005 to 30% in 2015 which is not a good achievement at all because even a rate of 30% is extremely high.For your information Sub saharan africa which you love to ridicule have a malnutrition rate of 21%.

You mean I'm a failed person, because I too was a malnourished kid. This malnourished kid won Himachal teenager wrestling championship at 15 years, was second on National Level Science Quiz and toady a very successful person earning handsome amount of money.

Now you are arguing with Science ? are you that nimrod ?

But not bad. Moreover, it is still going fastly. We have overtaken Vietnam in Per capita income. As increased HDI by 0.023 points (one of the biggest increase in world). It is still growing fast.
Adding one Pakistan in economy every year.
GDP per capita growth is increasing, pop growth is declining.

Overtaking Vietnam is an achievement to you ? India has a per capita income lower than most 3rd world countries is is just above dysfunctional and heavily indebted poor countries.

Did you learnt mathematics?
Calculate again, we will be equal to Spain and Italy in 30 years and equal to France and UK 50 years.

worry about your own mathematics.You think India will reach to the levels of spain in just 30 years from it's very low levels now ?Even China is still a developing country despite having a 30 yeas of robust 10% growth

Can you live in 30 rupees a day ?
Improve your mathematics.
1$ = 66.66 Ruppes
Therefore, 1.25$ = 83.33 rupees
For one month= 83.33× 30
= 2499.9 or 9149.6 in PPP.
If you are really living in India, poorest to poorest people earn Rs. 10-15000 easily.
Only, 7.7% people are below this line.

The 1$ = 66 rupees is that nominal market exchange rate value,not the PPP value.Standards of living is calculated in purchasing power parity and in it 1.25 $ is something around 30 rupees.

MPI includes three factors, HDI includes every factor.
When entire world's economists is laughing on MPI, you're supporting this.
Please, go and die, either kill me.

Nobody is laughing on MPI apart from you.Both MPI and HDI are important and India is a bottom ranker in both.

 

[Indx TechStyle]

The fact that India has malnutrition rates at par with a country that starves it's citizen and is charged with crimes against humanity is beyond humiliation.

Good to know we're starving.
Crimes against humanity only happen in India, your Western masters are worse. :biggrin2:
You must go to Iraq and Syria.
They are so peaceful countries w.r.t. us.
They will chop your head, will burn you alive or play football with your cut parts, but they will do it very peacefully.
Same for Western cops who do Target practice on civilians.

List of Sub Saharan African countries richer than India

1) Angola[/QUOTE]
HDI:
India: 0.609
Angola : 0.532
With much low HDI with a per capita income of $7000+, it isn't hard to conclude how people will be living.
Their poverty ratio is 30%.

2) Botswana

Gini Index roughly double of India.
Otherwise, they are even richer than China.

3) Cape Verde

But not a big gap.
It's even respectable in world and years ahead of sub Saharan average. Many Asian and other countries have same standards.
This standard is nowhere near African standards.

4) Equatorial Guinea

Per capita income of $31000
[]equal to developed countries[/B] but HDI of just 0.587.
Double+ of China.
If we consider it, developed countries are also at par with sub Sahara Africa.
Anyway, good to see a high income economy in Africa. at par with developed countries.
Spain and Italy.

5) Gabon

Again that $hit.
An HDI of 0.684 over q population of 0.684.
With a population of mere 14.7 lakhs.

7) South Africa

Income $13000+ but HDI still just 0.666.

8) Namibia

Again 0.628 HDI, against a high per capita income for f $11000.
India will have around 0.720 HDI over such per capita incomes.

9) Swaziland

Per capita income beyond $9800 but HDI 0.531!!
Poverty ratio, unemployment higher than India in many folds.
Seriously man, that's where you must go. :biggrin2:
You include only malnutrition, I'm including HDI, poverty and most indicators as well.

6) Mauritius
10) Seychelles

Both of are highly dependent on India for economic aid and corporation.
Our small aid is substantial for their low population. Better not to include them.
With our aid, they are richer than China and Russia

Do you know about countries like Ivory coast, Burundi, Niger, Somalia, Somaliland, Ethiopia or DRC etc.?
Afghanistan and Singapore are located on same continent. So, must go by average.
There are over 50- countries in Sub Sahara Africa and you can only get a handful of them to counter me, and not a single of them even then, was performing well in aspects.
Really buddy, an HDI of 0.587 over a per capita income of $31000(Higher than Portugal, Spain and Italy).
Pathetic man. Conclusion is that these governments easily manage to leap per capita incomes but thy are unable to develop even q small population.
OK topic: India's pet capita growth rate is higher than all of these. They'll too be overtaken soon.

You asked for one,i gave you ten.And to educate your ignorant mind,richness of a country is measured by per capita income on PPP.

such a performance on HDI when per capita is at par with second and first world countries.
"China, Ceylon, Russia, Croatia, Romania, Spain, Italy, South Korea and Portugal".
You guys are also at par with Africans.

India has conquered foreign markets ? What kind of joke is this ?

Never monitors trends and comes for debate?
What kind of moron is this?
Here's one,
Micromax becomes third largest smartphone player in Russia: Report
Many more are there.

You don't have to teach me that.Neither was India a proper socialist country before 90's and nor is India a proper capitalist country now.

Mixed economy buddy, which is wiser play.
Anyway, how's life in super rich Africa? :biggrin2:
Did you collect woods of bonfire?

It has a restrictive form of economy that is tightly controlled which is manifested in it's extremity bad ranking in ease of doing business.

Jumped above 12 ranks a single year.
Government will bring it in top 50 in next 6 years.

Now come out of your day dream and into the reality of India being just over a 2 trillion $ economy that is basically facing a jobless growth and it's growth is attributed to base effect.India was expected to become at least a 4 trillion $ economy by 2020,but it looks even this simple target is beyond India's reach.

Projected for 2020 is $3.6 trillions and 10.13 trillions for 2030.
But you're in delusion that your African masters would be richer.

Singapore and South Korea never had a humongous population like India,so malnutrition never affected them as much as it is affecting India.India's malnutrition rates fell from 42% in 2005 to 30% in 2015 which is not a good achievement at all because even a rate of 30% is extremely high.For your information Sub saharan africa which you love to ridicule have a malnutrition rate of 21%.

And even after having a humongous population, India did this.
Even after having such huge population, we are eradicating poverty, illiteracy faster than any other country.
If you still do not trust India, get out of here.

Now you are arguing with Science ? are you that nimrod ?

I'm arguing with logic. You think with malnutrition, no country can survive.
I think you're a malnourished child who didn't eat anything from many days. Need something from me?
Anyway, you spent money on Internet instead of food.

Overtaking Vietnam is an achievement to you ? India has a per capita income lower than most 3rd world countries is is just above dysfunctional and heavily indebted poor countries.

As far as I know, third world countries have HDI lower than 0.700.
You talked of most of third world countries?
60-70 are behind us.
And we're o overtaking many every year.
Overtaking Vietnam income wasn't a big deal
We overtook 3 countries in 2016 in income and 5 in HDI.
If speed continued from last 5 years goes on, it won't be hard to be second world country in 5- 6 years.

worry about your own mathematics.You think India will reach to the levels of spain in just 30 years from it's very low levels now ?Even China is still a developing country despite having a 30 yeas of robust 10% growth

When I said 10% growth that even for 30 years?
6-7% till 2025, 4-5% till 2030, and 2-3% after 2035.
I didn't assume India can grow 8% ever.
If grew, gap between India and first world would be shortened further.

The 1$ = 66 rupees is that nominal market exchange rate value,not the PPP value.Standards of living is calculated in purchasing power parity and in it 1.25 $ is something around 30 rupees.

Where did you learn mathematics?
If $ 1=66 INR then, 1.25$ = 1.25×66 INR = 82.5 INR
In India, 1$ nominal = 3.67$ PPP
therefore, in PPP= 8.25× 3.67 ~ 303 INR.
If you earn lesser than it, apply for BPL Card with other 7.7% people instead of wasting money on internet.

Nobody is laughing on MPI apart from you.Both MPI and HDI are important and India is a bottom ranker in both.

MPI includes 3 factors, HDI includes everything.
otherwise, $h1th0le$ would better than India.
India is a nice ranker in third world in HDI and going up very fast further.
You have already humiliated us in front of Pakistan by calling them LDC(Least Developed Country). when you don't know difference between Underdeveloped countries and LDC, why Even bothered to comment when you have lack of knowledge? pakis were laughing on you.

I know, you are an African student studying in IND.
Tell me 3things:
1. Are you a Nigerian, Tanzanian or which country?
2. Your friends were shoplifting in New Delhi.
They are such shameless people who do gang wars on public place.
Whites bully on you, and you remain disciplined, Indians love from heart and get these rewards.
3. Complete your course whatever you're doing in India and get lost from here. If you think, Africa is a better place to live in, no sense of working for Indian Companies.
African immigrants in India( and all statistic) themselves indicate who is richer.
4. While living in Africa like Indians lived 40 years ago, keep in mind that a portion of income of your country may be coming from economic aid and donations from GoI from Indian taxpayers money. So, think before trolling.

 

[Flame Thrower]

@CrYsIs

You never cease to amaze me with your Stupidity. Hats off to you(r stupidity).

Now lets come to your points

Malnutrition: It is a serious problem, I agree with you. We are improving on that part. People like you are the best examples of Malnutrition.

Richness: It seems that you've gone with GDP percapita.

Well, USA ranks 9th!, China ranks 83rd!! and India ranks 122nd!!!

With GDP(Do not confuse with GDP Percapita) ranking we are 7th($ 2.1 trillion) in the world(Data as of April 2016).

USA ranks 1st!!! China ranks 2nd!!!, probably cross France 6th($ 2.4 trillion) and U.K. 5th($ 2.9 trillion) by end of decade(I hope so).

When world looks at the PPP, then China ranks 1st!!! USA ranks 2nd!!! and India ranks 3rd!!!

Just to Inform you, between 2000 to 2015 no of millionaire increased 400% and that is a good growth and your metric(GDP Percapita) increased 215%.

Exports: Do you have any idea how much we exported in 2015?

Take a wild guess......

It is $ 264 billion, and we rank 20th. Weak industrial base seems a joke to you, but not to the world.

But don't worry the number is only going to improve thanks to Make in India, Largest FDI, huge infrastructure building 5 year plan 2017 to 2022.

and I asked you about the threads where you keep posting, I really want to follow your posts:biggrin2:.

I value your contibutions, few people like Kunal and Indx enlighten us and you are a FIGURE OF FUN, a LAUGHING STOCK.

keep contributing to DFI

 

[Indx TechStyle]

@CrYsIs

You never cease to amaze me with your Stupidity. Hats off to you(r stupidity).

Now lets come to your points

Malnutrition: It is a serious problem, I agree with you. We are improving on that part. People like you are the best examples of Malnutrition.

Richness: It seems that you've gone with GDP percapita.

Well, USA ranks 9th!, China ranks 83rd!! and India ranks 122nd!!!

With GDP(Do not confuse with GDP Percapita) ranking we are 7th($ 2.1 trillion) in the world(Data as of April 2016).

USA ranks 1st!!! China ranks 2nd!!!, probably cross France 6th($ 2.4 trillion) and U.K. 5th($ 2.9 trillion) by end of decade(I hope so).

When world looks at the PPP, then China ranks 1st!!! USA ranks 2nd!!! and India ranks 3rd!!!

Just to Inform you, between 2000 to 2015 no of millionaire increased 400% and that is a good growth and your metric(GDP Percapita) increased 215%.

Exports: Do you have any idea how much we exported in 2015?

Take a wild guess......

It is $ 264 billion, and we rank 20th. Weak industrial base seems a joke to you, but not to the world.

But don't worry the number is only going to improve thanks to Make in India, Largest FDI, huge infrastructure building 5 year plan 2017 to 2022.

and I asked you about the threads where you keep posting, I really want to follow your posts:biggrin2:.

I value your contibutions, few people like Kunal and Indx enlighten us and you are a FIGURE OF FUN, a LAUGHING STOCK.

keep contributing to DFI

A wild idea is there in mind buddy.
Next 5 years plan, if completes 100% targets on schedule, India will be classified as a second world country in terms of development after that.
Irony is that our 75th independence day will also be in 2022(pakis also).
We will have highly developed HDI(around 100 points higher than pakis) and 70% higher GDP per capita.
So, how about creating a final thread over gap came between countries in 75 years of freedom and then, struck the habit of giving attention to them forever?
Destroy their section and use Central and South Asia to discuss about them. Jaise Nepal Bhuatn, waisa hi pakistan.
There's no need of comparing with them.