qamar1990
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Where did I say that? No one can say how much it would be with a lesser population, yes probably less, but less than a quarter?
It would totally depend on which kind of people you would cut out. IF you would cut out 300 million people who barely live with 20 rs a day and are performing the lowest level of jobs, it would not make as much difference as if you would cut out 300 million educated middle class and lower middle class people.
And you could also hamper the economy by cutting out just a few thousand of the really rich guys, like CEO`s and other top notch business people.
no you cant get lut just one group.
you see what percentage everybody stands at now. you give them the same percentage out of 176 million.
So you think that the 300- 400 million poor people are paying taxes? No they are`t. The vast majority of them are working in utterly underpaid and technically illegal jobs because they arent paying taxes. Of course they are paying indirect taxes when they buy things, but again, thats not much if you consider them having just 20 rs at disposal per day.
The bulk of the demand created in India comes from the lower middle class, the middle class and the really rich people. But they just make up around 40 % of the population.
And concerning the infra spending, of course the money does not come from the government of India alone!
State governments, private investors and foreign private investors are paying the bulk of it!
RICS study: India to lead $50 trillion global spend on infrastructure over 25 years
India to spend $ 1 trillion on infrastructure in next 5 years
thats what i though as well about the infrastructure but you were making it seem like the indian government had trillions laying around.
anyways im sure almost everybody lives on more the 20 rs a day. even in pakistan its much better then that bro.