India's Forex Reserves Rising : Close to $400 Billion USD

[enquencher]

@BHarwana , very Sad and Very Bad
@Nilgiri

@BHarwana is missing since 20 dec .hope he is well n not taken up by security agencies

 

[beijingwalker]

Some time back , India had close to $426 Billion.. So ?

So, More realistic is to catch up with Hong Kong and Taiwan first. Hong Kong is a Chinese city with the population of 6 million.

 

[Cherokee]

Your typical average guy is much better off in Pakistan. Check GINI index. India has alot of inequality. Few dozen Billionaires even out the hundreds of thousands of poor Indians , hence the slightly higher per capita.

Keep shifting the goalposts . It will not help you . Your economy is down the drain and your PM runs barefoot with a begging bowl in Hand from one country to another .

Also India has better GINI index than Pakistan . Source : http://hdr.undp.org/en/content/income-gini-coefficient

Also we have abolished Zamindari unlike you guys. in your country a few people own entire districts becuase of it .

 

[Khan_21]

Keep shifting the goalposts . It will not help you . Your economy is down the drain and your PM runs barefoot with a begging bowl in Hand from one country to another .

Also India has better GINI index than Pakistan . Source : http://hdr.undp.org/en/content/income-gini-coefficient

Also we have abolished Zamindari unlike you guys. in your country a few people own entire districts becuase of it .

Thats where the ignorance comes. Higher GINI means higher inequality in a country. You should read before posting things.

 

[Cherokee]

Thats where the ignorance comes. Higher GINI means higher inequality in a country. You should read before posting things.

You should learn to read better . I meant rankings .Norway is ranked at 1 , Australia 2 , India 135 and Pakistan 146.

 

[Chanakyaa]

So, More realistic is to catch up with Hong Kong and Taiwan first. Hong Kong is a Chinese city with the population of 6 million.

Well, That wont be an Issue or Difficult for the "FASTEST" growing economy with 7.5% of Growth, Projected to reach 8%.

https://data.worldbank.org/indicator/ny.gdp.mktp.kd.zg
https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD

 

[beijingwalker]

Well, That wont be an Issue or Difficult for the "FASTEST" growing economy with 7.5% of Growth, Projected to reach 8%.

https://data.worldbank.org/indicator/ny.gdp.mktp.kd.zg
https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD

When you are bottom low the only way to go is up, you can keep predicting.

 

[Nilgiri]

Per capita is still Better than Pakistan and all this GDP growth is gonna translate in wealth as well so don't worry about it at all .

https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=PK-IN-BD

I wouldn't worry about the median wealth stuff. It literally assumes Gini coefficient holds for wealth distribution as well....which is a far fetched thing to assume without the requisite sampling to prove it. Credit Suisse even admitted as much in its error analysis.

 

[Chanakyaa]

When you are bottom low the only way to go is up, you can keep predicting.

You got me wrong. Im NOT talking about the future, but the Past.
These Predictions were correct ( for Both China & India ) for the past 3 Decades.

Dont worry we will be there at the TOP, Together

 

[Nilgiri]

Your typical average guy is much better off in Pakistan. Check GINI index. India has alot of inequality. Few dozen Billionaires even out the hundreds of thousands of poor Indians , hence the slightly higher per capita.

That 7.5% growth only effects the 1 % in India. Its well documented.

Not really, because Pakistan would be doing a lot better in MPI than India if it were the case on the ground.

It isnt.

https://defence.pk/pdf/threads/indi...o-lead-world-bank.598776/page-4#post-11129373

 

[beijingwalker]

Dont worry we will be there at the TOP, Together

10 years ago China was already the world biggest manufacturing nation, industrial nationa with huge trade surplus accumulating fast by the hour, that was a trend for everyone to see. You will be at the TOP, how? care for some enlightenment?

 

[Khan_21]

You should learn to read better . I meant rankings .Norway is ranked at 1 , Australia 2 , India 135 and Pakistan 146.

Thats the ranking for HDI not GINI. GINI in india is 33 % while its 30 % in Pakistan.

Not really, because Pakistan would be doing a lot better in MPI than India if it were the case on the ground.

It isnt.

https://defence.pk/pdf/threads/indi...o-lead-world-bank.598776/page-4#post-11129373

Remember when you didnt used to Like MPI because India was lower than Pakistan?

https://m.hindustantimes.com/india-...-inequality/story-Khh2jqPaTHOFGCzuGoIc2L.html

GINI for 2016 is 63 for India which makes it one of the most unequal countries in the world for wealth distribution.

Top 5 % have the wealth equal to the rest of 95 %. You guys should be thankful to those few billionaires which even out your per capita.

 

[Cherokee]

Thats the ranking for HDI not GINI. GINI in india is 33 % while its 30 % in Pakistan.

It is Gini. http://hdr.undp.org/en/content/income-gini-coefficient

 

[Khan_21]

It is Gini. http://hdr.undp.org/en/content/income-gini-coefficient

You can clearly see all percentages are jumbled up and not in a particular order. The ranking is on HDI with GINI co efficient . The more near you are to 100 % the higher inequality you have.

 

[Cherokee]

You can clearly see all percentages are jumbled up and not in a particular order. The ranking is on HDI with GINI co efficient . The more near you are to 100 % the higher inequality you have.

India 33.9 , Pakistan 30 . Yep , you are right .