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South Asians Eating Grass to Acquire Nuke Subs

The age old link of Linking military spending to poverty in the third world which was traditional to Developed nations has now come down in the hands of some Indophobic South Asians

And as always has failed to answer couple of questions.

1.Despite India being the largest importer of arms , hasn't Indian defence budget over last 30 years been constant 2.5-3% of the GDP?

2.Is there any evidence that India is siphoning money for poverty reduction to military needs?

3. Isn't Indian poverty more to do with effectiveness of policy rather spending?

Also tomorrow is Pakistan going to commission 3-4 aircraft carriers just because India is doing so?

I don't see India complaining about China's military modernization ,to justify her military budget.

So why is Pakistan complaining? Unless there is a need to justify for Pakistan's nuclear sub ambitions by painting India as a boogie man and demeaning at the same time.

Besides being a well-established discipline called "defense economics", it's also a matter of common sense.

It's guns vs bread.

And Indian govt lies about defense spending by excluding big chunks of military spending by hiding it under non-military headings. The actual Indian defense spending is closer to 4% of GDP.

India runs huge budget deficits year after year. It borrows and spends 6-8% of the GDP.

The money allocated to defense does not fall from the sky, it's part of the total pie, and if you cut a bigger slice for defense, it leaves less for poverty reduction, education and health care.

Haq's Musings: India's Arms Buildup: Guns Versus Bread
 
Nonsense!

Goldman Sachs has recently said that India is the "most disappointing" of the BRICS. Jim O'Neil, the man who coined "BRIC" is even worried about a balance of payments crisis in India.

Haq's Musings: Goldman's O'Neill "Disappointed" as India "Explodes"

As to Pakistan's income, the per capita income in Pakistan for 2011 was $3150, about the same as India's. And if you assume the continuation of Pakistan's historical growth rate of 5% since 1947, Pak per capita in 2050 will be $19,794.98

Haq's Musings: India and Pakistan Per Capita GDPs at $3,100 in 2010-11

Haq's Musings: A Brief History of Pakistani Economy 1947-2010
ROFLAMAO
dude
you are funny
you provide your own blog to support your claim ? :rofl:
you write in your blog that pakistan's per capita is more than $3000?? :rofl:
did you just twist your legs with your head again ?? :rofl:
 
"Most disappointing" not because of its performance but because it is not as open as other major economies. The quote was in context of opposition blocking FDI in flow in retail. I suggest you read the report by Goldman Sachs -'BRIC and Beyond', where the GS has projected the sizes/GDP per capita of economies by 2050

Wrong again!

GS's O'Neill is disappointed because of India's huge twin deficits and its heavy dependence on foreign inflows to function.

Haq's Musings: Soaring Chinese Imports and Twin Deficits Worry India
 
I don't know why this guy is not banned for advertising his own blog.
 
Wrong again!

GS's O'Neill is disappointed because of India's huge twin deficits and its heavy dependence on foreign inflows to function.

Haq's Musings: Soaring Chinese Imports and Twin Deficits Worry India

The single most important parameter for any economy is its growth rate. If growth rate is healthy, all the other things like Deficits, Imports, Debts are sustainable. I suggest reading the Book - BRIC and Beyond

http://www2.goldmansachs.com/our-thinking/brics/brics-and-beyond-book-pdfs/brics-full-book.pdf

http://www2.goldmansachs.com/ceoconfidential/CEO-2003-12.pdf

Read the report. India is projected grow from 2006 to 2050 by 2550%, while Pakistan is projected to grow by only 908% in the same period.
 
I don't know why this guy is not banned for advertising his own blog.
mods also need laugh dude. they are normal people after all. if Riaz is banned then who will give us some good laugh? you are mean lol !
 
The single most important parameter for any economy is its growth rate. If growth rate is healthy, all the other things like Deficits, Imports, Debts are sustainable. I suggest reading the Book - BRIC and Beyond

http://www2.goldmansachs.com/our-thinking/brics/brics-and-beyond-book-pdfs/brics-full-book.pdf

http://www2.goldmansachs.com/ceoconfidential/CEO-2003-12.pdf

Read the report. India is projected grow from 2006 to 2010 by 2550%, while Pakistan is projected to grow by only 908% in the same period.

Why are you offering GS projection made in 2003 when you have 2011 statements from Jim O'Neill?

So why does GS say India is the BRIC only that "disappointed" O'Neill? Isn't India's growth rate second only to China's among BRIC?

And why does O'Neill think India could face a balance of payments crisis in spite of its economic growth?

Please ponder these points before suggesting more reading to others.
 
So why does GS say India is the BRIC only that "disappointed" O'Neill? Isn't India's growth rate is second only to China's among BRIC?

And why does O'Neill think India could face a balance of payments crisis in spite of its economic growth?

Please ponder these points suggesting more reading to others.

Because FDI goes down but it again back on track...so you and mr neill not to be worried any more.
 
So why does GS say India is the BRIC only that "disappointed" O'Neill? Isn't India's growth rate is second only to China's among BRIC?

And why does O'Neill think India could face a balance of payments crisis in spite of its economic growth?

Please ponder these points suggesting more reading to others.

Since independence, India’s BOP has been always negative. So nothing catastrophic. But the situation is improved a lot. India’s debt service ratio decreased from 35% in 1991 to around 5% in 2011.

As regarding GDP growth rate, according to the GS report, India is going to overtake Chinese growth by 2015; moreover, GDP growth rate for India will be averaging 5.8% until 2050 while Chinese growth will be only 2.9% in 2050.
 
According to the same source, the % of poor in Pakistan that live below the poverty line is 645 million (55% of the Indian population):



Why India lags behind as innovator - Indian Punchline

India has more malnourished children than anywhere else in the world (42%), and more poor people in eight of its states than 26 countries of sub-Saharan Africa put together. 638 million Indians practice open defecation as well. Indians make up 58% of the world population which still practices open defection:

http://www.unicef.org/media/files/JMP-2010Final.pdf


:what: these are serious issues

---------- Post added at 01:20 AM ---------- Previous post was at 01:19 AM ----------

Hi,
The Fact is We Are Lifting MILLIONS of People Out Of Poverty EVERY YEAR!
So I Don't See Any Problem In Spending 2.5-4% of GDP on Defence To Counter POSSIBLE External Threats.

I Hope Some Members Will Put Aside Their Personal hatred And Understand
Thankx.


it took decades by chinese to lift people out of poverty and you guys saying you taking out millions of people in years are you serious ?? :fie:
 
Since independence, India’s BOP has been always negative. So nothing catastrophic. But the situation is improved a lot. India’s debt service ratio decreased from 35% in 1991 to around 5% in 2011.

As regarding GDP growth rate, according to the GS report, India is going to overtake Chinese growth by 2015; moreover, GDP growth rate for India will be averaging 5.8% until 2050 while Chinese growth will be only 2.9% in 2050.


wow really :partay: one of indian source at internet said 2013 well if you say we can wait for 2 more years :D
 
what a load of BS... India spends a lot on her development plans unlike pakistan who has halved her development budget..where in India it was increased by 17 % in last budget.
how dare you call it bull ?

grass is good for health.. greens are main source of folic acid and iron. like so many saags
so if we start eating grass that means we will be full of iron. I think we should give up on meat and eat vegitagles from now on
 
Here are some excerpts of Pak Navy Chief's recent interview with DefenseNews:

Q. One of the most high-profile acquisition programs of your predecessor’s tenure was the next-generation submarine. Can you expand on reports of a Chinese submarine design being selected, and comment on whether the HDW Type-214 may still see service with Pakistan as a replacement for the Agosta-70s?

A. Submarines all along have been our main strength and at the heart of our naval strategy of offensive sea denial. Over the years, the strength of our submarines has dwindled due to aging. Our primary consideration is to acquire modern and potent submarines. All options, including submarines of the West, as well as China, are under deliberation, though no decision has been taken as yet.

Q. Long-standing plans include the expansion of the shipbuilding industry but also to diversify construction locations away from Karachi to places like Gwadar and Ormara. Where do these plans stand?

A. Our long-term plan is to have two major shipbuilding and repair yards at Port Bin Qasim in the east and Gwadar in the west. In addition, we have a strategic plan to develop this rich but hitherto untapped segment of our maritime sector. To realize the same, we have a high-level shipbuilding task force formed under the aegis of [the Ministry of Defence Production].

Q. How do you plan to replace the P-3C Orions destroyed by terrorists last year? And what else can we expect from the Navy’s maritime patrol aircraft procurement efforts? Have you examined any Chinese options, such as the H-6K or Y-8Q? And is any thought being given to replacing your elderly Westland Sea King helicopters yet?

A. Despite the loss of two P-3Cs during the unfortunate attack on [Pakistan Naval Station] Mehran last year, our maritime surveillance capability remains intact and we can well manage our operational requirements. Nevertheless, we have initiated the process for the replacement of the destroyed aircraft from the U.S. and remain hopeful of a positive outcome. You must appreciate that the P-3C is designed for long-range surveillance. Deploying this aircraft continuously for routine surveillance in peacetime is not only uneconomical, it actually amounts to its underutilization. We are thus maintaining smaller and cheaper maritime patrol aircraft — i.e., FK-27S —which fulfills our day-to-day operational needs. Apart from that, we are considering a range of other surveillance aircraft, including Chinese options.

With regard to our Sea King helos, we have signed the Mid Life Upgrade Program, under which a new and modern avionics suite and sensors will be fitted onboard, making them a more potent and capable aerial platform.

Q. The effectiveness of the small number of Exocet-equipped anti-ship strike Mirage-5 aircraft is now surely questionable. What do you intend to replace them with? And is there a case for having these Pakistan Air Force aircraft under naval control?

A. PAF Mirage aircraft equipped with missiles are effective [anti-shipping strike] platforms. The PN and PAF have put in place an efficient mechanism for their optimum deployment, which is why we don’t feel the need to place them under PN control. There are plans to replace the systems which become obsolete or are no longer operationally effective.

Q. Later this decade, you will face an Indian nuclear-powered, nuclear-armed ballistic submarine that threatens the current strategic balance in South Asia. How do you intend to respond?

A. The strategic dimension of India’s naval buildup is a cause of concern not only for us but for the entire Indian Ocean region. I feel nuclearization of the Indian Ocean does not augur well for peace and stability in the region. We are mindful of this development and taking necessary measures to restore the strategic balance.

Interview: Adm. Asif Sandila, Chief of Naval Staff, Pakistan Navy | Defense News | defensenews.com
 
I dont give a damm about any data ....... I have seen people having below poverty line card and owning cars
these surveys/data are heavily inaccurate

Lets solve a case which will help you to gauge actual poverty levels in India

Population 1.2 billion
Median age 25 yrs (i.e 50% of population is below 25yrs of age)
Assumption 30% population is below 18 years

So Population above 18 yrs is 70%
I am assuming 18 years is the age when an average Indian owns a mobile phone

70% 1.2 billion = 840 million
Number of mobile phone in use in India : 850 million
List of countries by number of mobile phones in use - Wikipedia, the free encyclopedia

let the number of mobile users in India is X
Assuming 30 % of them use two sims
total connections X + .3X = 1.3X
1.3X=850million
X= 650 Million

So 650 million out of 840 million adults can afford mobile connections
So extrapolating this data for 1.2 billion gives 920 million

(This calculation estimates data just for mobile phone affordability)

Now if you have a bare minimum IQ then you will be able to gauge Poverty in India
 

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