Envy china in border areas ? what a joke.
Even an illegal Bangladeshi laborer in india earns 120-150 Rs per day now in cities. Equivalent to highly educated university graduates from china.
Envying about roads and buildings ? Well in that case indians will envy US or Japan or Korea. Why china ?
I did some google work, india is not as rosy as you said. labour cost in india is far lower than in China (see article below). i think you envyed the wrong countries for that cause.
Japan is ahead of china in the terms of infrastructure. but the highways in America are obsolete and its density is even lower and than that in inner part China (exlusive of scarcely populated Xinjiang, Tibet, and Qinhai, inner Mongolia) The cities of Korea and America look like countryside compared with China's cities. GDP per capita of South korea is even lower than several rich chinese cities. Considering its well known exorbitant prices, its standard of living is worse than more chinese cities
BTW:You mentioned China's college graudates. Today these poor college boys are glut on the market and only earn half as much as construction workers.
Labor costs in India is lowest in the world
source:
Labor costs in India is lowest in the world - SiliconIndia
By agencies
Tuesday,12 April 2005, 00:00 hrs PrintForward
LONDON:Labor costs in India are among the lowest in the world while the highest are in European countries Belgium, Sweden and Germany, according to a new survey.
Employment costs in India are euros 2,024 a year, while in Belgium, Sweden and Germany the financial burden of employing a worker is more than euros 50, 000 a year.
In new E.U. member states such as Latvia labor costs are euros 4,752, in Lithuania euros 5,649 and in Poland euros 8,257, the study conducted by Mercer Human Resources Consulting, the world’s largest employee benefits consultancy, said.
In Japan, annual labor costs are euros 45,839 and in the U.S. it was euros 33,195.
The labor costs include national average earnings for full-time employees, social security, mandatory benefits as required by national law and voluntary benefits such as pension, death, disability and medical payments.
The survey showed that E.U. as a whole featured 15 percent lower employment costs compared to the U.S. Annual labor costs in France (euros 45,879) and in the U.K. were in line with Japanese costs but almost 40 percent higher than U.S. costs.
Chinese (euros 13,884) and Indian labor costs were even more competitive, the study said.
written all over it
come on stop it yar.
..Yes we have our own development projects working very well here..As you see China become a rich nations not in a single night..they also had to came through the same steps we are going today..and also we have every right to be brag about our development ..My question is why Chinese and Pakistani members feel insecure about India's development and when we talked about development in our country why usually try to hijack the thread with usual rant of poverty and toilet issue??There are more than 100 times here Indian members politely replied every insults of yours and cited with examples how the poverty has been reduced and how we tackling our problems..offcource you will not see it..You only see Indians bragging ..
