For all intents and purposes, India is a banana republic, a wretched place...

[Mr.Nair]

India become 6th largest economy and will become 5th by around 3 years from now

 

[VCheng]

Indian economy surpasses the UK for the first time in more than 100 years

View attachment 362165

And the gap between the nation’s wealth is set to grow. India’s economic growth has rocketed over the last quarter century, growing between 6 and 8 per cent each year, compared to the UK’s growth of one or two per cent.

http://www.independent.co.uk/news/w...rs-worlds-fifth-biggest-economy-a7488016.html

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Quite a ways to go on a per capita basis, still. But a good milestone, nonetheless.

 

[Mr.Nair]

Quite a ways to go on a per capita basis, still. But a good milestone, nonetheless.

Yes we have to improve per-capita and aim is to become 3rd largest economy in nominal, though 3rd at present as per gdp ppp.

India is estimated to grow at six to eight percent per year compared to UK's growth of one to two percent until 2020, and likely beyond.

Read more: https://sputniknews.com/asia/201612201048796317-india-uk-economy/

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[Mr.Nair]

India was ahead of UK economy almost 150 years back, now overtook UK again with out Pakistan and Bangladesh

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[Desertfalcon]

China certainly has a more directed internal development, but that is because China need not worry about things like elections with opposition parties, a free press, human rights, public protests, etc. India does. It's the difference between a representative democracy and a one party, autocratic state. Democracy is always messier, but more durable in the end.

 

[Godman]

banana republic

India is far from a Banana republic

 

[Mangus Ortus Novem]

It's one of many things started by so-called western "mainstream" media out of their deep-rooted hate about China.

My friend,

It is not hate...it is existential agnst.

Ever wondered why this obssesive impluse to counter China on every turn? From the very inception of PRC...the desire has been to keep China down. Even longer before...the French even warned way back...

Why?

Of course, much easy for me to pander my opinion on the matter...I, however, rather hear from the PRC citizens..how they percieve the truth to be.

I look forward to your and other Chinese' analysis... of course, the pumping up of the indians and showing it in positive narrative is part of anti-China discourse.

The Masters of Discourse know exactly what they are doing. I do believe that China is alive to this @TaiShang and I have covered this aspect in our discourse.

@Kaptaan your analysis is rather rational...hence, sadly, it shall not cut any mustard here in this section. Only hyperbole will have customers here.

What I see is cyncial exploitation of those down trodende souls who have no way out of absolute misery...misery more horrible than we in the West are conditioned to believe about Africa. In our collective psyche Africans are the most miserable...yet they have no such misery as in the resident super power.

What is happening is under the guise of shinning slogans the entire structures of the state are being systematically changed for the benefit of the oligarchs and certain financial interets. There is hand in glove collaboration between big money and the ruling elites... what do we call it as a political expression?

More than 70% of the population has no way out. None. Here comes in rethoric and propagand... exciting the masses with the unattainable..promising them something that is impossible. Making them believe their non existent past and unattainable future.

Just read about the promise this modi person made in his election campain...how much money was he going to put in the accounts of the poor by taking down the black money? The indian writer takes it down rather elegantly.

Now regarding black money only less than 7% is in indian circulation... rest goes to off shore banking paradises and gets back to india as FDI.... if you look at the charts of FDI you will be amazed to see that tiny countries are the biggest investors in indian FDI game.

Who really suffered from this? The miserable masses.

If Erasmus was alive his heart will bleed...seeing this cynical exploitation of those who have no hope of escape. Ever.

It is all about the narrative building. indians are great story tellers...be it economy, history or mythologies. They will without hesitation take the heritage of someone else and make it their own.

Case in point, Pak's Civlisational Heritage. Here is Pak to blame that they let it be stolen.

But then that is different subject which we discuss in a dedicated thread next year.

I will request to all posters to not make fun of open defication thing...

if it is the indian culture then we must respect it and not pass judgement...they have been doing this for thousands of years.

Also, if it is becase of failure of the state to take care of its own and seeing them as subhumans/untouchables...then these helpless human beings must enjoy our compassion and humanity. Not to be laughed at by us..which diminishes our own humanity.

Blame and credit must have the right address.

Who is exploiting the helpless?

India is far from a Banana republic

Kindly, elaborate your position.

However, the statement or rather the position is taken by the indian writer. Not my contention. The title is from the article...as you can find out if you have read the series.

Looking forward to your valuable insights.

Thanks.

 

[Godman]

Kindly, elaborate your position.

However, the statement or rather the position is taken by the indian writer. Not my contention. The title is from the article...as you can find out if you have read the series.

Looking forward to your valuable insights.

Thanks.

First India is stable other than a few insurgencies in various areas and conflict with pakistan.
Second Indian exports are diversfied and not reliant on a single or several exports controlled by a few Big companies. India exports everything from Agricultural to Industrial products in fact TATA Nano cars are the most popular call taxi in Sri Lanka

 

[Mangus Ortus Novem]

First India is stable other than a few insurgencies in various areas and conflict with pakistan.
Second Indian exports are diversfied and not reliant on a single or several exports controlled by a few Big companies. India exports everything from Agricultural to Industrial products in fact TATA Nano cars are the most popular call taxi in Sri Lanka

Thank you for providing your perspective. Helps for a balanced discourse.

 

[Indus Pakistan]

Thank you for providing your perspective. Helps for a balanced discourse.

One thing that is often overlooked about the political aspect of extreme poverty is the numbness it creates in the masses. Strange as it may seem but extreme poverty sedates large sections of the population creating false sense of stability.

Consider Britiah rule in India. It was more stable then modern India is by far wider margin. That does not make sense on the face of it. A few British ruled 100s millions of Indian's and there was far more stability then. The reason is extreme poverty traps people within a predatory social order. Only when large numbes of people are freed from grinding poverty and the predatory social order that kept them trapped for centuries begins to break down do you get huge forces unleashed which can easily be harnessed by all sort of radical movements. This is exactly what is happening in Pakistan now. Clearly if your tied to rickshaw pulling people so you can have food to eat in the evening prevents that person to go and agitate or pick up the gun against the state.

For example if you compare the Maost rebels in India to the TTP yopu can easily tell TTP is far better financed whereas lot of the Maost are walking around barefooted. As more of the untouchables in India end up with full stomachs expect increased trouble.

 

[CBU-105]

we do have our share of problems, extreme poverty and all it's related ills being top of the list, still far from a banana republic, though.

 

[Kaniska]

For all intents and purposes, India is a banana republic, a wretched place of poverty and disease.....

The only difference between India and other well-recognized banana republics is that India has so far avoided overly negative headlines in the international media; Indian lobbies in the US and the UK work very hard to make India look good. As noted above, this mainly serves to prop up the self-esteem of NRIs.


It has become fashionable to compare India to China.

This comparison seems extremely far-fetched. Chinese GDP per capita is more than five times higher, and is growing more than four-times faster than India’s in absolute terms. If India keeps growing at the recent high rate of 7.5% and China at a mere 6.3%, it will take India more than 135 years to catch up with China’s economic output in absolute terms.

(Above are the words from an indian writer...please, see references below)

It is truly disturbing picture that the indian writer brings out in the REAL world. Instead of making fun of indians here...we need to pause for thought..show compassion and develop understanding in order to deal with this bizarrre state of affairs...

When this circus in india comes crashing down...who is going to be blamed?

What distractions will the regime use?

What promises will it make?

The smoke screen of black money operation is just a stunt...cui bono ????

There are also sane vocies in india. These voices need a podium.

Jayant Bhandari has written a thought provoking and brutally honest series.



1- India’s Government Makes Banknotes Worthless by Decree Overnight


As I write this in the morning of 9th November 2016, there are huge lines forming outside gold shops in India — and gold traded heavily until late into the night yesterday. Depending on who you ask, the retail price of gold has gone up between 15% and 20% within the last 10 hours.

Link: http://www.acting-man.com/?p=47768

2- Chaos in the Wake of the Ban


Here is a link to Part 1, about what happened in the first two days after India’s government made Rs 500 (~$7.50) and Rs 1,000 (~$15) banknotes illegal. They can now only be converted to Rs 100 (~$1.50) or lower denomination notes, at bank branches or post offices. Banks were closed the first day after the decision. What follows is the crux of what has happened over the subsequent four days.

link: http://www.acting-man.com/?p=47842

3) When Money Dies

In part-I of the dispatch we talked about what happened during the first two days after Indian Prime Minister, Narendra Modi banned Rs 500 and Rs 1000 banknotes, comprising of 88% of the monetary value of cash in circulation. In part-II, we talked about the scenes, chaos, desperation, and massive loss of productive capacity that this ban had led to over the next few days.

link: http://www.acting-man.com/?p=47966


4) A Market Gripped by Fear

The Indian Prime Minister announced on 8th November 2016 that Rs 500 and Rs 1,000 banknotes would no longer be legal tender. Linked are Part-I, Part-II and Part-III updates on the rapidly encroaching police state.

The economic and social mess that Modi has created is unprecedented. It will go down in history as an epitome of naivety and arrogance due to Modi’s self-centered desire to increase tax-collection at any cost.

link: http://www.acting-man.com/?p=48031

5) Gold Price Skyrockets....

Expect a continuation of new social engineering notifications, each sabotaging wealth-creation, confiscating people’s wealth, and tyrannizing those who refuse to be a part of the herd, in the process destroying the very backbone of the economy and civilization.

There are clear signs that in a very convoluted way, possession of gold for investment purposes will be made illegal. Expect capital controls to follow. Chaos from people’s inability to access the money in their bank accounts is now spreading to the people who have so far been unaffected: the middle class.

This is a completely unnecessary man-made disaster, with the single aim of glorifying Narendra Modi.

Link: http://www.acting-man.com/?p=48062

6) India's Rapid Progression Towards a Police State

There are undoubtedly many differences between the two gentlemen depicted above, but both appear to have mastered the age-old trick of extending one’s grip on political power by inflicting chaos.







As the deadline of 31st December 2016 approaches, Gresham’s law has been turned upside down. When they needed to be converted, the banned currency notes were trading for a 20% discount to their face value. In the meantime, the discount has disappeared and the banned notes are trading at a premium of 10%. The mafia which deals in the banned notes could not possibly be happier — it promises to be a big supporter of Modi going forward.

link: http://www.acting-man.com/?p=48195

7)- Modi’s Fantastic Promises

There is still huge support for Modi even among the poor. A big carrot is dangled before them, which makes many stay numb to their current suffering. During his election campaign in 2014, Modi promised to deposit more than Rs 1.5 million (~$22,000) in each poor person’s account once the government had seized all black money.

Massive problems have been reported with the new bills. Some have been printed on defective paper and are simply falling apart. The inferior quality of the print job is generally often on the appalling side of deplorable. The new notes are counterfeited with great abandon, quite likely to a much greater extent than they ever were in the past. So much for Modi’s plan to stop counterfeiting.


Photo credit: The Hindu

How he arrived at this fantastic figure is anyone’s guess. But given India’s GDP of $1,718 per capita, Modi has promised to deposit 1,300% of annual GDP in individual bank accounts. The total amount would be larger than the entire GDP of the US. Evidently, this does not even remotely add up.

Link : http://www.acting-man.com/?p=48196

@Kaptaan @Areesh @PaklovesTurkiye @HAKIKAT @Shotgunner51 @Chinese-Dragon @T-Rex @war&peace @Mentee @LA se Karachi @MastanKhan @Dungeness @Two @Indians....

No issues...We have shortcomings and we are not perfect either....But you know the good part of my Gov? I can protest and complain about my Gov, I did not get into jail. I have a liberty to criticize the policy or my Gov withing framework of constitution unlike few other so called developing nations.

 

[somebozo]

it will take India more than 135 years to catch up with China’s economic output in absolute terms.

Assuming that China stays idle which is impossible as India plays catch up..the Chinese will proceed forward..

 

[Jugger]

India is truly a wonder.
I don't know how a country with 20 or more languages and almost as big as Europe be united without military force.
Majority of the people of India want to be together, they know that to achieve greatness and to win over all the issues @Kaptaan has said we need to unite, fight and struggle.
It might take 10, 50 or 100 years but India will make it. Hope for the best and reach for the stars.
May the Almighty bless India and all its 1.23 billion people.

 

[somebozo]

The people in India spend a lot a lot of money just for education, they take lot of loans or sell their property which could be used for business purposes but huge section does not do being having average GDP. And this is why Indian space industry is doing good. And exporting talent to rest of the world. Of course it is a brain drain because money is important and they need to compensate the money spent on education. And many are returning to India too who thinks they can serve their country.

Exporting Indian talent is a joke..more like exporting cheap sweat shop labour..Indian labour is all about numbers..and zero efficiency..there are real life figures from our HR when replacing manual labor...

1 Pakistani = 3 Filipinos
1 Pakistan = 2 Indians