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

[Indus Pakistan]

I am neither Indian nor Chinese.

Of course.

he still has bedded more women than most people I know.

Of course.

why does ONLY quality of life matter?

Ask the 500 million Indians living in abject poverty. This dumb question can only come from people who have comfortable life.

may be Indian growth slowed down but surely we are making progress

I know you have been making progress for 70 years. Look how far, far, far ahead of Pakistan you are. I am jealous .....

progress

How far you got from this 'progress' since 1947. Mmm lemme see. Blow me but is Pakistan coloured same as India. Can't fcukin be? Can it?

 

[danger007]

Of course.

Of course.

Ask the 500 million Indians living in abject poverty. This dumb question can only come from people who have comfortable life.

I know you have been making progress for 70 years. Look how far, far, far ahead of Pakistan you are. I am jealous .....

How far you got from this 'progress' since 1947. Mmm lemme see. Blow me but is Pakistan coloured same as India. Can't fcukin be? Can it?

Am pretty sure .. both India and Pakistan are in different league now... pakistan once had slightly better gdp than India... now the gap widened...

 

[BringHarmony]

Ask the 500 million Indians living in abject poverty. This dumb question can only come from people who have comfortable life.

It still does not answer : Why ONLY living standard matter?

BTW, https://worldpoverty.io/map

India has < 3% of population living in "abject poverty". thats .... 3% of 1300 million = 39 million. More than population of Canada but order of magnitude less than what you are implying.

How far you got from this 'progress' since 1947. Mmm lemme see. Blow me but is Pakistan coloured same as India. Can't fcukin be? Can it?

If the map was updated it would have been different color. India has nominal GDP of 20XX now and Pakistan 13XX. So yes, even by your standards its a marked difference.

 

[SrNair]

True. But China has the population size but also their per capita is many times greater than India's. India on the other hand is in same basket as Pakistan and Bangla with a population in poverty that frightens even Africans.

And how is this of import? Could not stand? What diff did it make to average Malay? What succour did it provide your masses. Other than massaging few fanboys on internet such "stands" mean jack.

And India is still not a 10 plus trillion $ economy while almost has the same population of communist china .
There is no many times even after around 15 trillion$ economy their per capita is still around 10000 even after all these undemocratic set up.

We will certainly reach there within 15 years .
Because our economy has strong solid foubdation and a vibrant democracy .

And these less per capita is because of those 5 states where we need to concentrate more .
But in Southern side and western side it is best in South Asian region.

 

[Juggernaut_Flat_Plane_V8]

They say "lies: lies, damned lies, and statistics." And I can't think of better example then South Asia. I am convinced that the figures we get for Pakistan and India are fudged. Over the previous months I have yaken to enjoying youtube travel Vlogs in the evenings which replaced me watching crime series. Got sick of murder, rape and police investigations. Having watched lots of them from multitude of uploaders from across the world that give on the ground experiance of life on streets of India I conclude that the reality - India is probably slighter poorer then Pakistan. No amount of fudging can hide the reality on the ground.

The best example is watching vlogs of travellers driving from Indian Punjab but Pak Punjab across the Wagah border. Indian Punjab is one of the wealthiest states in India. Yet there appears to be no real economic differance between the Pak side and India side other than the marked increase in beggers and man pulled rickshaws on the Indian side.

Now go enjoy your numbers ......

This is absolutely true....I donot know why this is..But i feel there had been a lot of built up wealth in Pakistan from 1947 till 2001 and then again from around 2003 to 2008 during Musharraf years ....Pakistan was lot sparse then and this helped in building up in better infra I feel ...Only in the 2000s India started growing but even now Pakistan has that overall 10 percent better look and feel ......it would take a long time to plug that 10 percent may be 10 years..I hope not....While India has just started to wind down its population boom, there seems to be a feeling Pakistan is just getting started


Pakistan has a lot of old money..people with old money want to keep the places they are staying at well built.....It's only after the 2008 Financial Crisis and with Zardari becoming President that Pak did drop the ball massively.....this is what led to the current differentiation between India and Pak...but hard to negate close to over 50 years of built up wealth with just a decade of bad performance

The prediction is made by CEBR 10 years ago and it comes true exactly at the same year. CEBR also predict Bangladesh economy to reach 1 trillion dollar GDP in 2034. So look like the prediction have quite credibility although the sample is only India for this time.

https://economictimes.indiatimes.co...onomy-by-2020-report/articleshow/11268521.cms

Gold level post ..Thank you

Pros
1. Better bargaining power.
2. A larger population can attract plenty of industries.
3. A potential for developing a massive middle class.
4. Rest of the world gets more consumers, which is good for their businesses.

Cons
1. Difficult to provide adequate public infrastructure for such a humongous population.
2. Cities and natural resources will be stressed.
3. Pollution.
4. People below the middle classes will have a miserable existence, unless we go all out in educating, skilling and providing for them.

Lastly, Indian population growth rate is at/below the replacement level. It will stabilise around current levels soon.

Naah it will peak at around 1.68 billion at around 2060 before dropping down

 

[Indus Pakistan]

I think real reason Pakistani side of wagah looks better is Lahore is capital of Punjab. Capital of the province of 110 million people and is second largest city of Pakistan. And man pulled rickshaws are cultural thing we have chingchi riskshaws.

I take that in account but do note Amritsar and Indian Punjab has massive ex-pat population living in UK, USA, Canada and are wealthy. They send lots of money back home making Indian Punjab one of the most developed states. So that is fair comparison. And Chingchi and a man being used as a donkey are not the same thing or 'cultural'.

How is this

same as this?

One has engine power whereas the other has animal [man] power. No human loves the idea of being a donkey. Economic forces create the environment for this. Unless you think Indian's are culturally brought up to go around as half dreseed animals? It's economics .....

 

[Juggernaut_Flat_Plane_V8]

I take that in account but do note Amritsar and Indian Punjab has massive ex-pat population living in UK, USA, Canada and are wealthy. They send lots of money back home making Indian Punjab one of the most developed states. So that is fair comparison. And Chingchi and a man being used as a donkey are not the same thing or 'cultural'.

How is this

View attachment 607664

same as this?

View attachment 607665


One has engine power whereas the other has animal [man] power. No human loves the idea of being a donkey. Economic forces create the environment for this. Unless you think Indian's are culturally brought up to go around as half dreseed animals? It's economics .....

Thanks for bringing this up...I have been at pains to describe this to other Indians ...Outsiders donot care about the ceiling you have reached...They wont care even if you send a manned spaceship to outer space ...They care about the look, feel and hygiene of the oldest parts of any city ....bottomline: Outsiders care about the floor of a country and not its ceiling

 

[GumNaam]

so says "india today"...while in the mean time, anyone worth their name says that the numbers are cooked up by the indian government while the average indian can't even afford a 5 rupee parle's biscuit pack!

https://foreignpolicy.com/2020/02/21/india-economic-problems-politics-citizenship-law/
^^^ good read (from an actual news source).

 

[Juggernaut_Flat_Plane_V8]

If hte context is individuals, i completely agree.

But when the context is national, youre not so right. While each Indian is on avg poorer than average Frenchman, France as a nation is now squarely weaker than India. This has serios implications and advantages- For one, France will now take care with dealing with Indian national issues and citizens. Strong countries tend to not treat citizens of weaker countries too well...so this has group-dynamic implications,not only individualistic..

What are you smoking? France is absolutely not weaker than India..Events in France has extreme importance in the global news cycle...French domination of world culture,art film industry,cuisine,tourism industry is stupendous...

How many 16 year old girls around the world dream of their Hypothetical Prince charming proposing them on top of the Eiffel tower and lead them to a whirlwind tour of the city, experiencing the various delicacies and experiences that the apogee of White European High Culture has to offer?

How many 16 yr old girls think of the same happening with some random Indian monument as the backdrop..How many of them dream of a rickshaw tour of some dingy old city after the proposal?

A Charlie Hebdo massacre and Jewish supermarket takeover in France will bring the whole world to a stop...How many news channels stopped their normal news cycle to report on the 2013 hindu Muslim riots in Muzffarnagar?

Heck I remember even the India Pakistan dogfight and the stand off barely made into the news here in Germany when I was listening to the news on my drive to work..It barely scraped in before the weather


Cumulative GDP means nothing...what matters is indigenous technology production per capita

The day France comes to India's door hoping for a cheaper deal on India's LCA equipped with the Kaveri engine, that's the day we can talk...Already a huge economic boom is coming France's way because Deutsche Bahn has just announced that it will invest 93 billion euros in the rail network..and this is real cash I am talking about..not some vague pie in the sky Memorandum of Understanding

I will argue France is still more powerful than China...you really want to see real China as exposed by Serpentza and Laowhy86?

India is less powerful than a dozen odd white nations and the eastern giants like Japan,Korea and China

It barely makes it into the top 15 or top 20

Let's not pull wool over our eyes...we have a tremendous long way to go

Every city in Europe has a feel that it has been constructed on a massive 100 square kilomotres concrete block...and the trees and gardens have been planted on soil that have been brought in

while in India even on a normal road you really donot have the sense where the road and where nature begins...Look into the real world and donot just peer into the data

 

[BringHarmony]

The prediction is made by CEBR 10 years ago and it comes true exactly at the same year. CEBR also predict Bangladesh economy to reach 1 trillion dollar GDP in 2034. So look like the prediction have quite credibility although the sample is only India for this time.

https://economictimes.indiatimes.co...onomy-by-2020-report/articleshow/11268521.cms

Wrong actually.
CEBR was quite wrong.
https://dochot.net/embed/cebr-world-economic-league-table-press-release-26-december-2011

According to their prediction India would be 4.5 trillion dollar economy by now and Russia would have retained fourth place with about 4.58 trillion dollars.

Neither of these happened. World economy actually slowed down a lot. China was supposed to be 17 trillion but in reality it is 14 trillion dollar. Russian story was totally lost.

so says "india today"...while in the mean time, anyone worth their name says that the numbers are cooked up by the indian government while the average indian can't even afford a 5 rupee parle's biscuit pack!

https://foreignpolicy.com/2020/02/21/india-economic-problems-politics-citizenship-law/
^^^ good read (from an actual news source).

Its more of an opinion and not a news. There are no facts in it.

 

[Juggernaut_Flat_Plane_V8]

Wrong actually.
CEBR was quite wrong.
https://dochot.net/embed/cebr-world-economic-league-table-press-release-26-december-2011

According to their prediction India would be 4.5 trillion dollar economy by now and Russia would have retained fourth place with about 4.58 trillion dollars.

Neither of these happened. World economy actually slowed down a lot. China was supposed to be 17 trillion but in reality it is 14 trillion dollar. Russian story was totally lost.


Its more of an opinion and not a news. There are no facts in it.

Man these economists are so wildly off most of the times...Astrology is a better bet than them

 

[BringHarmony]

so says "india today"...while in the mean time, anyone worth their name says that the numbers are cooked up by the indian government while the average indian can't even afford a 5 rupee parle's biscuit pack!

https://foreignpolicy.com/2020/02/21/india-economic-problems-politics-citizenship-law/
^^^ good read (from an actual news source).

The source is IMF WEO dataset :

https://www.imf.org/external/datamapper/NGDPD@WEO/OEMDC/ADVEC/WEOWORLD

I guess this is certainly more reliable than whatever magazine you are looking into.

. And Chingchi and a man being used as a donkey are not the same thing or 'cultural'.

Apparently, these are disappearing and only numbered in hundreds.
https://www.theguardian.com/world/gallery/2019/sep/09/the-last-rickshaws-of-kolkata-in-pictures

 

[Indos]

Wrong actually.
CEBR was quite wrong.
https://dochot.net/embed/cebr-world-economic-league-table-press-release-26-december-2011

According to their prediction India would be 4.5 trillion dollar economy by now and Russia would have retained fourth place with about 4.58 trillion dollars.

Neither of these happened. World economy actually slowed down a lot. China was supposed to be 17 trillion but in reality it is 14 trillion dollar. Russian story was totally lost.

Yup, you are right, their prediction in 2010 seems to be too optimistic about world economy. Even Indonesia is predicted to reach 2 trillion GDP in 2020 where in actual it is 1.1 trillion dollar in 2018.

I think they have learn from their mistake and become more conservative on their current prediction. They are now using current economic growth as basis. For example Indonesia has been growing around 5 percent for the last 5 years and they projected Indonesia economy can only grow between 5-5.5 percent until 2034 and will reach 3 trillion dollar in that year.

The Russian projection is the worst that they have made so far.

 

[BringHarmony]

Yup, you are right, their prediction in 2010 seems to be too optimistic about world economy. Even Indonesia is predicted to reach 2 trillion GDP in 2020 where in actual it is 1.1 trillion dollar in 2019.

I think they have learn from their mistake and become more conservative on their current prediction. They are now using current economic growth as basis. For example Indonesia has been growing around 5 percent for the last 5 years and they projected Indonesia economy can only grow between 5-5.5 percent until 2034 and will reach 3 trillion dollar in that year.

The Russian projection is the worst that they have made so far.

The entire business of predicting economy is no better than a tarot card reading. There are simply too many things that can go wrong. Iran in 1960s or 70s was progressing so fast that it would have become almost European standard developed. Then revolution happened and took all progress with it.

 

[Indus Pakistan]

Apparently, these are disappearing and only numbered in hundreds.

Good. They 'disapeared' 60 years ago in Pakistan. Better late then never I guess ...

Ps. Instead the pedal powered ones have taken over. Guess it will be another 50 years before auto power becomes the norm.