India becomes world's 5th largest economy, overtakes UK, France

[Vergennes]

@waz @Indus Pakistan


Truth is even the most dirt poor people in France,UK and many other European nations probably live better than 99% of the population in south Asia. They have access to free quality education,free healthcare,social services,so many welfare programs and allowances,social and affordable housing,affordable/free public transports and so many other things.

But people keep braging about virtual money when they hardly witness the benefits. Wish them good luck though.

 

[Indus Pakistan]

For example, can Luxembourger afford to have an aero-space industry? I will say never.

Is there some religious requirement that a country should be able to afford a aerospace industry? Most of us never will be world class boxers, world class celebs but does that mean anything? What matters is standard of life of a citizen.

 

[waz]

@waz @Indus Pakistan


Truth is even the most dirt poor people in France,UK and many other European nations probably live better than 99% of the population in south Asia. They have access to free quality education,free healthcare,social services,so many welfare programs and allowances,social and affordable housing,affordable/free public transports and so many other things.

But people keep braging about virtual money when they hardly witness the benefits. Wish them good luck though.

That's the hard truth. Even our poorest of the poor have a fair shot at life i.e. free education, free healthcare, welfare programs etc.
You can't make favourable comparisons to first world nations when hundreds of millions die in abject poverty, hungry for food etc, and that happens from generation to generation.

Is there some religious requirement that a country should be able to afford a aerospace industry? Most of us never will be world class boxers, world class celebs but does that mean anything? What matters is standard of life of a citizen.

Logic is lost on some people. He's talking about aero-space when people are food hungry....

 

[PAKSpecialForces]

Its not as much as gloating, but its the implications that matter. For example, can Luxembourger afford to have an aero-space industry? I will say never. Can Luxembourger ever afford to setup 100 billion dollar project by itself? Never. They will have to partner up with bigger --may be less wealthy in per-capita income -- countries. Most likely, India will be able to do both. Also Pakistan in due time may also do atleast one of those.

GDP measures how big your economy is.
GDP per capita measures how productive your people are.

100,000 labours may still beat 1 man with a earth mover. After all, he is just one man, earth mover or no earth mover.


Its roughly 2-3 times. Not exactly many times.


Poverty while related to productivity is not truely reflected in GDP per capita. India has poors but their middle class is MASSIVE as well. There is a reason why most of the retail giants are running towards India.


Rather there are fools, damn fools and people who don't know statistics.


Sorry dear, you certainly don't know the population growth patterns. Do you?

India's population, if it grows at the rate it is will peak in 2060 at 1.7 billion. Already their total fertility rate is now hovering at 2.2 per female. That is barely replacement rate.


I don't see bragging as much as a factual thing: With a economy of size 3 trillion dollars, India can do things which many wealthy but small economies can not simply do alone. Also, do remember, that this is in NOMINAL terms. The actual apple to apple comparison will put size of Indian economy at somewhere 11 trillion dollars. Entire europe is just double of that.


The people who have a successful space program, an active aero-space industry, have their own nuclear submarine program cannot be considered dumb, in any way you slice and dice it.

WRONG!.................China's GDP per capita is $10,870 wheras india's is $2,340..........So China's economy is 4.6-5x greater than india's................:

https://www.imf.org/external/datamapper/NGDPDPC@WEO/ITA/KOR

Therefore the gap between China and india is WAYYYYYYYY bigger than the gap between Pakistan and india even though Pakistan is more than 7x smaller than india............

If india did not have the technological and scientific assistance from the West and Russia, they would produce NOTHING themselves. That is the EXACT reason why 1.4 billions have NEVER EVER invented ANY advanced sciences and technologies EVER..................Tell me, did indians invent nuclear submarines, space technology , aeroplanes etc?.....................

PS WHERE is the evidence that india population will not exceed 2 billion?...........I hope you are not using the same source for your claims to the one that claimed india would become a superpower between 2012 and 2020.............

It will be a large part of India's growth this decade. India is basically pushing access here to others markets in any trade deal/bloc negotiations its part of right now.

You have to remember lot of people here also do interact with Indian doctors and medical professionals in US and UK inevitably. The inner angst builds up even more as result.....because reality speaks big more than anything else.

Sure sure. Just like how you guys claimed that india would become a superpower by 2012 or 2020 at the latest....................

 

[BringHarmony]

WRONG!.................China's GDP per capita is $10,870 wheras india's is $2,340..........So China's economy is 4.6-5x greater than india's................:

GDP PPP is a better comparison here. Special what GDP per capita measures.

Therefore the gap between China and india is WAYYYYYYYY bigger than the gap between Pakistan and india even though Pakistan is more than 7x smaller than india............

When you are comparing per capita, the entire point of 7x smaller goes down the drain. Thats like saying density of Lead is more than water because pacific ocean is 7x larger than the lead mine in my backyard. Sounds stupid? Well thats what you are saying right now.

If india did not have the technological and scientific assistance from the West and Russia, they would produce NOTHING themselves. That is the EXACT reason why 1.4 billions have NEVER EVER invented ANY advanced sciences and technologies EVER..................Tell me, did indians invent nuclear submarines, space technology , aeroplanes etc?.....................

It does not matter. It takes hell lot of smarts to even use assistance as spring board to develop something.

 

[Haris Ali2140]

GDP PPP is a better comparison here. Special what GDP per capita measures.


When you are comparing per capita, the entire point of 7x smaller goes down the drain. Thats like saying density of Lead is more than water because pacific ocean is 7x larger than the lead mine in my backyard. Sounds stupid? Well thats what you are saying right now.


It does not matter. It takes hell lot of smarts to even use assistance as spring board to develop something.

What is GDP PPP of China??? It aint showing on google.

 

[PAKSpecialForces]

GDP PPP is a better comparison here. Special what GDP per capita measures.


When you are comparing per capita, the entire point of 7x smaller goes down the drain. Thats like saying density of Lead is more than water because pacific ocean is 7x larger than the lead mine in my backyard. Sounds stupid? Well thats what you are saying right now.


It does not matter. It takes hell lot of smarts to even use assistance as spring board to develop something.

Sure it is. Especially when you use facts to destroy your arguments............

 

[Zane_K]

The bottom line is most Paks and Indians would give their right and left testicles to be a Luxembourg citizen rather than big Pakistan and big, bigger, biggest, biggifest India.

No way...one testicle is all they’re getting..

 

[BringHarmony]

PS WHERE is the evidence that india population will not exceed 2 billion?...........I hope you are not using the same source for your claims to the one that claimed india would become a superpower between 2012 and 2020.............

Sure! Here is the evidence!

https://population.un.org/wpp/Publications/Files/WPP2019_Highlights.pdf

India's population grows till 2050 and declines at 2100. Calculated by fine folks in the UN.

What is GDP PPP of China??? It aint showing on google.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita
or use data.worldbank.org

 

[PAKSpecialForces]

Sure! Here is the evidence!

https://population.un.org/wpp/Publications/Files/WPP2019_Highlights.pdf
View attachment 607235

India's population grows till 2050 and declines at 2100. Calculated by fine folks in the UN.


https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita
or use data.worldbank.org

Those are speculative projections by the UN what may occur, not facts.......................The UN also claimed that Iraq had WMD that could destroy Europe in 30 mins..............

 

[BringHarmony]

Is there some religious requirement that a country should be able to afford a aerospace industry? Most of us never will be world class boxers, world class celebs but does that mean anything? What matters is standard of life of a citizen.

Why ONLY standard of life matter?

Those are speculative projections by the UN what may occur, not facts.......................The UN also claimed that Iraq had WMD that could destroy Europe in 30 mins..............

These are not speculative. They are based on total fertility rate. India's total fertility rate is at 2.2, barely above replacement level.

 

[Indus Pakistan]

Why ONLY standard of life matter?

Well, penis size also matters you being Indian/Chinese should know that.

 

[PAKSpecialForces]

Why ONLY standard of life matter?


These are not speculative. They are based on total fertility rate. India's total fertility rate is at 2.2, barely above replacement level.

2.2 is the replacement level in Europe, not india.

 

[BringHarmony]

Well, penis size also matters you being Indian/Chinese should know that.

I am neither Indian nor Chinese. But question still remains, why does ONLY quality of life matter?

BTW, I know a guy who was diagnosed for having micro penis... he still has bedded more women than most people I know.

2.2 is the replacement level in Europe, not india.

You are right, in India replacement rate may be even HIGHER because of higher infant mortality rate and lower life expectancy. That makes India having a below replacement rate fertility.

Sure it is. Especially when you use facts to destroy your arguments............

Problem is you are not using facts. For example, what is the source of your argument that India will reach 2 billion population? I have corroborated all my arguments with sources about time you provided me the source of your claim.

 

[danger007]

Some guys in this thread good for nothing..
Just trying to insult despite the fact... may be Indian growth slowed down but surely we are making progress... but other side of border doing nothing ... but trolling.. as if they are living in developed country....