2 million new jobs, 7.5% GDP growth: Why India is afraid of CPEC

[Devil Soul]

China-Pakistan Economic Corridor (CPEC) is expected to add over 2 million direct and indirect jobs to Pakistan’s economy and boost the country’s GDP growth rate to 7.5%.

China-Pakistan Economic Corridor (CPEC) is expected to add over 2 million direct and indirect jobs to Pakistan’s economy and boost the country’s GDP growth rate to 7.5%.

Jobs & Economic Growth in Pakistan:
US-based consulting firm Deloitte and Touche estimates that China-Pakistan Economic Corridor (CPEC) projects will create some 700,000 direct jobs during the period 2015–2030 and raise its GDP growth rate to 7.5%, adding 2.5 percentage points to the country’s current GDP growth rate of 5%.

An additional 1.4 million indirect jobs will be added in supply-chain and service sectors to support the projects. An example of indirect jobs is the massive expansion in Pakistan’s cement production that will increase annual production capacity from 45 million tons to 65 million tons, according to a tweet by Bloomberg’s Faseeh Mangi. Other indirect jobs will be in sectors ranging from personal services to housing and transportation.

CPEC Benefits for Pakistan & China:
The CPEC will open doors to immense economic opportunities not only to Pakistan but will physically connect China to its markets in Asia, Europe and beyond, according to the Deloitte report.

Almost 80% of the China’s oil is currently transported from the Middle East through the Strait of Malacca to Shanghai, (distance is almost 16,000 km and takes 2-3 months). With Gwadar port in Pakistan becoming operational, the distance would reduce to less than 5,000 km. If all goes well and on schedule, of the 21 agreements on energy– including gas, coal and solar energy– 14 will be able to provide up to 10,400 megawatts (MW) of energy by March 2018. According to China Daily, these projects would provide up to 16,400 MW of energy altogether.

India’s War on CPEC:
The biggest challenge that CPEC faces today is India’s well-orchestrated effort to sabotage it. Not only are Indian leaders on record as opposing CPEC, the Indian Prime Minister Narendra Modi and his right-hand man Ajit Doval have unleashed a concerted effort to try to make it impossible.

Mr. Modi has openly expressed support for Baloch separatists and Ajit Doval has talked about Pakistan “losing Balochistan”. A serving Indian Navy commanderKulbhushan Yadav has been arrested working undercover to wage covert war in Pakistan.

RAW Money Flow:
India has opened up a big money money spigot to use its agents to destabilize Pakistan. RK Yadav, an ex intelligence official of RAW, has in a TV interview (Siyasat Ki Baat with RK Yadav video 6:00 minutes), talked about RAW agents with “suitcases and cupboards full of money”.

Ex RAW chief A.S. Dulat has said “money goes a long way” in intelligence operations.

Current National Security Advisor has talked about RAW recruiting terrorists with one-and-a-half times the money they are making from other sources.

RK Yadav has, in his book “Mission R&AW“, written about RAW money paid to late Pakistani politician Khan Abul Wali Khan in 1970s. He’s also confirmed the existence of RAW-inspired 1960s Agartala Conspiracy that recruited Shaikh Mujib ur Rehman’s Awami League to work for Indian intelligence.

More recently, London Police documents have revealed the testimony of MQM leaders Muhammad Anwar and Tariq Mir confirming that Altaf Husain received money from Indian intelligence.

Modi’s Campaign to Isolate Pakistan:
While RAW is busy funding terror in Pakistan, the Indian Prime Minister Mr. Modi has launched a diplomatic offensive to have Pakistan declared a “state sponsor of terror”. It’s intended to deflect attention from Indian Army’s brutality against innocent Kashmiris and to cover up his own proxy war of terror to sabotage CPEC in Pakistan.

Summary:
China-Pakistan Economic Corridor is a game-changer for Pakistan. It will build power plants and other infrastrastructure, boost Pakistan’s GDP growth to 7.5% and add millions of new jobs to bring prosperity to Pakistan. Indian Prime Minister Modi is very unhappy about it and he has launched a multi-pronged concerted effort to sabotage CPEC by using covert wars and diplomatic offensives to hurt Pakistan. Can Pakistan defeat Indian plans and succeed in building a prosperous future? That is the big question. The answer depends on how well Pakistanis can unite to make it happen.
https://en.dailypakistan.com.pk/opi...s-7-5-gdp-growth-why-india-is-afraid-of-cpec/

 

[Areesh]

Are you Sure

Yes

http://www.app.com.pk/adb-revises-up-pakistans-economic-growth-projection-for-2017/

 

[farhan_9909]

Onwards the 80's while everyone in the region was growing Afghanistan suffered.They lost more than 3 decades with the biggest loss to the People in the shape of economic loss and today the living standard of an average Afghan is tiers below its neighbor.

We have lost a decade and i hope we recover soon otherwise our neighbors will outpace us.

5% is not enough as south asia is the fastest region in the world.We need to grow at least above 6%.

 

[艹艹艹]

I see two container crane and two warships

 

[Ryuzaki]

Interesting,looks like this CPEC is the a much bigger project than Suez Canal+Panama Canal combined

 

[mastaan]

Onwards the 80's while everyone in the region was growing Afghanistan suffered.They lost more than 3 decades with the biggest loss to the People in the shape of economic loss and today the living standard of an average Afghan is tiers below its neighbor.

We have lost a decade and i hope we recover soon otherwise our neighbors will outpace us.

5% is not enough as south asia is the fastest region in the world.We need to grow at least above 6%.

Sir, won't a benchmark be based on a growth rate, that beats retail inflation, beats shifts from villages to cities and therefore increasing need of increase in minimum wages, then have the potential to cover for population growth and then add some more % on top to really spread prosperity...

CPEC would be fantastic for pakistan, but like india's national highway program was touted as the biggest level of indian growth, it was not able to sustain the growth on its own... as 7% growth in a year could be shown by construction activity, but increasingly more economic activity has to come along to sustain that over a decade... something that both India and Pakistan need

 

[haviZsultan]

Pakistan needs growth that is over 5%. It has not been growing at this rate under both PMLN and PPPP though Musharraf managed such growth for a few years. During the PPPP tenure India was allowed to surpass us economically (according to GDP per capita)... until these weak and corrupt governments remain though the people will not have full trust over them and that will remain a problem.

 

[I S I]

Interesting,looks like this CPEC is the a much bigger project than Suez Canal+Panama Canal combined

Indians butthurt is the biggest after Big Bang.

 

[Army research]

Of course India from a strategic point can't see pk as strong neither can America as it needs Pakistan to be weak so it can't do much damage to India in a war in which China us and allies India etc fight also Iran could choose to either destabilize pk or could be a very good ally with the later having more benefits but depends on mind set but if Iran does take advantage the gulf won't be too happy and if Afghans think they too would immediately join but depends on brains

 

[Abingdonboy]

China-Pakistan Economic Corridor (CPEC) is expected to add over 2 million direct and indirect jobs to Pakistan’s economy and boost the country’s GDP growth rate to 7.5%.

China-Pakistan Economic Corridor (CPEC) is expected to add over 2 million direct and indirect jobs to Pakistan’s economy and boost the country’s GDP growth rate to 7.5%.

Jobs & Economic Growth in Pakistan:
US-based consulting firm Deloitte and Touche estimates that China-Pakistan Economic Corridor (CPEC) projects will create some 700,000 direct jobs during the period 2015–2030 and raise its GDP growth rate to 7.5%, adding 2.5 percentage points to the country’s current GDP growth rate of 5%.

An additional 1.4 million indirect jobs will be added in supply-chain and service sectors to support the projects. An example of indirect jobs is the massive expansion in Pakistan’s cement production that will increase annual production capacity from 45 million tons to 65 million tons, according to a tweet by Bloomberg’s Faseeh Mangi. Other indirect jobs will be in sectors ranging from personal services to housing and transportation.

CPEC Benefits for Pakistan & China:
The CPEC will open doors to immense economic opportunities not only to Pakistan but will physically connect China to its markets in Asia, Europe and beyond, according to the Deloitte report.

Almost 80% of the China’s oil is currently transported from the Middle East through the Strait of Malacca to Shanghai, (distance is almost 16,000 km and takes 2-3 months). With Gwadar port in Pakistan becoming operational, the distance would reduce to less than 5,000 km. If all goes well and on schedule, of the 21 agreements on energy– including gas, coal and solar energy– 14 will be able to provide up to 10,400 megawatts (MW) of energy by March 2018. According to China Daily, these projects would provide up to 16,400 MW of energy altogether.

India’s War on CPEC:
The biggest challenge that CPEC faces today is India’s well-orchestrated effort to sabotage it. Not only are Indian leaders on record as opposing CPEC, the Indian Prime Minister Narendra Modi and his right-hand man Ajit Doval have unleashed a concerted effort to try to make it impossible.

Mr. Modi has openly expressed support for Baloch separatists and Ajit Doval has talked about Pakistan “losing Balochistan”. A serving Indian Navy commanderKulbhushan Yadav has been arrested working undercover to wage covert war in Pakistan.

RAW Money Flow:
India has opened up a big money money spigot to use its agents to destabilize Pakistan. RK Yadav, an ex intelligence official of RAW, has in a TV interview (Siyasat Ki Baat with RK Yadav video 6:00 minutes), talked about RAW agents with “suitcases and cupboards full of money”.

Ex RAW chief A.S. Dulat has said “money goes a long way” in intelligence operations.

Current National Security Advisor has talked about RAW recruiting terrorists with one-and-a-half times the money they are making from other sources.

RK Yadav has, in his book “Mission R&AW“, written about RAW money paid to late Pakistani politician Khan Abul Wali Khan in 1970s. He’s also confirmed the existence of RAW-inspired 1960s Agartala Conspiracy that recruited Shaikh Mujib ur Rehman’s Awami League to work for Indian intelligence.

More recently, London Police documents have revealed the testimony of MQM leaders Muhammad Anwar and Tariq Mir confirming that Altaf Husain received money from Indian intelligence.

Modi’s Campaign to Isolate Pakistan:
While RAW is busy funding terror in Pakistan, the Indian Prime Minister Mr. Modi has launched a diplomatic offensive to have Pakistan declared a “state sponsor of terror”. It’s intended to deflect attention from Indian Army’s brutality against innocent Kashmiris and to cover up his own proxy war of terror to sabotage CPEC in Pakistan.

Summary:
China-Pakistan Economic Corridor is a game-changer for Pakistan. It will build power plants and other infrastrastructure, boost Pakistan’s GDP growth to 7.5% and add millions of new jobs to bring prosperity to Pakistan. Indian Prime Minister Modi is very unhappy about it and he has launched a multi-pronged concerted effort to sabotage CPEC by using covert wars and diplomatic offensives to hurt Pakistan. Can Pakistan defeat Indian plans and succeed in building a prosperous future? That is the big question. The answer depends on how well Pakistanis can unite to make it happen.
https://en.dailypakistan.com.pk/opi...s-7-5-gdp-growth-why-india-is-afraid-of-cpec/

Predictably full of hyperbole and conspiracy theories but short of any real facts.

So when will these 2 million jobs be created? When will Pakistan touch 7.5% growth rates? Today Pakistan is one of the worst performers in South Asia and struggling to meet even its own modest targets. Let us also not forget that 7% is the minimum that Pakistan needs to create enough jobs for its young workforce, a target it has not reached in a very long time. 7.5% is actually a very modest target for a developing nation starting from a base as low as Pakistan's. 9-10% needs to be achieved for at least a decade.


Not really sure why India is being discussed.

 

[guyhandz]

Have you heard about Delhi-Mumbai Industrial Corridor Project ?

The Delhi-Mumbai Industrial Corridor Project is a planned industrial development project between the Indian capital city ofDelhi to its financial hub Mumbai. It is one of the world's biggest infrastructure projects with an estimated investment of US$90 billion and is planned as a hi-tech industrial zone spread across seven states along the 1,500 km long Western Dedicated Freight Corridorwhich serves as its backbone.

Conceived as a global manufacturing and trading hub, the project is expected to double employment potential, triple industrial output and quadruple exports from the region in five years. The total employment to be generated from the project is 3 million, the bulk of which will be in the manufacturing/processing sectors.

https://en.wikipedia.org/wiki/Delhi_Mumbai_Industrial_Corridor_Project

and more to come

https://en.wikipedia.org/wiki/Chennai_Bangalore_Industrial_Corridor

https://en.wikipedia.org/wiki/Mumbai-Bangalore_economic_corridor

 

[Army research]

Predictably full of hyperbole and conspiracy theories but short of any real facts.

So when will these 2 million jobs be created? When will Pakistan touch 7.5% growth rates? Today Pakistan is one of the worst performers in South Asia and struggling to meet even its own modest targets. Let us also not forget that 7% is the minimum that Pakistan needs to create enough jobs for its young workforce, a target it has not reached in a very long time. 7.5% is actually a very modest target for a developing nation starting from a base as low as Pakistan's. 9-10% needs to be achieved for at least a decade.


Not really sure why India is being discussed.

Sir it will take 15 years at least

Have you heard about Delhi-Mumbai Industrial Corridor Project ?

The Delhi-Mumbai Industrial Corridor Project is a planned industrial development project between the Indian capital city ofDelhi to its financial hub Mumbai. It is one of the world's biggest infrastructure projects with an estimated investment of US$90 billion and is planned as a hi-tech industrial zone spread across seven states along the 1,500 km long Western Dedicated Freight Corridorwhich serves as its backbone.

Conceived as a global manufacturing and trading hub, the project is expected to double employment potential, triple industrial output and quadruple exports from the region in five years. The total employment to be generated from the project is 3 million, the bulk of which will be in the manufacturing/processing sectors.

https://en.wikipedia.org/wiki/Delhi_Mumbai_Industrial_Corridor_Project

and more to come

https://en.wikipedia.org/wiki/Chennai_Bangalore_Industrial_Corridor

https://en.wikipedia.org/wiki/Mumbai-Bangalore_economic_corridor

 

[Spy Master]

Predictably full of hyperbole and conspiracy theories but short of any real facts.

So when will these 2 million jobs be created? When will Pakistan touch 7.5% growth rates? Today Pakistan is one of the worst performers in South Asia and struggling to meet even its own modest targets. Let us also not forget that 7% is the minimum that Pakistan needs to create enough jobs for its young workforce, a target it has not reached in a very long time. 7.5% is actually a very modest target for a developing nation starting from a base as low as Pakistan's. 9-10% needs to be achieved for at least a decade.


Not really sure why India is being discussed.

Lol..Work is in progress...Its not like 2 million jobs will be created in a single month...!
Any Good news about Pakistan and people like you suddenly became an Expert on Pakistan...!
Would have been good if you had asked so much questions on your sir g kal strike

 

[Tipu7]

What happen in every random CPEC Thread?

Pakistan, yes we can do this, we will do this & this and that.
India, no you can't and you will not.

Dear Indians, plz learn to swallow little Happiness of Pakistani people. This should be the least thing to hurt you people as you also claim that prosper and progressive Pakistan is in India interest.

Regards.

 

[Tipu7]

Indians don't care what's happening inside of Pakistan. The only reason this project got hype is because it passes through Indian territory of occupied Kashmir. It's not that we don't want at the cost of our sovereignty.Peace!

Pakistan has never objected Indian Development projects in Indian occupied Kashmir.
India should respond with similar courtesy.