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Economic indicators: How India, China, Pak compare


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kabir
does it really matter?
by kabir on May 01, 2011 04:34 PM  | Hide replies

China might be seen as ahead in every economic indicator, but do they have freedom? Freedom to speak freely against the government? Against the curruption? Atleast in India some anna hazare can stand up against it and the government will have to listen to him. If he was in china he would have got killed by now;-). Atleast the media, people can speak freely. Yes there are problems but which country doesnt have it? Remember the tortoise always be happy as he not desparate to win but enjoy the race at his own speed. Chinese are desparate to proove the world, they will fail. You can just see how they are torturing their own children to win the race.

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kewell333@rediffmail.com
Re: does it really matter?
by kewell333@rediffmail.com on May 01, 2011 08:03 PM
With 400 million Internet users , when the media quoted corruption or malfeasance rights of the people in the news, hundreds of thousands net user will write their comment or statement in major news sites such as sinabaidusohuqqtianya.
.
And I see the comments toward government only a maximum of hundreds in Rediff.

Can not criticize the government? China communist party is the name of the "communist party", but in fact, is now entirely state capitalism. And China has also been fully integrated into world capital markets, have been one of the most important players in world's capital market. The Chinese government is the ruling power, but this party is formed by a set of electoral system, only to avoid internal consumptiononly, and select the most appropriate.

And there is no hereditary , not like Gandhi family's influence in Congress Party。 With China's economic development and Improving living standards, China will sooner or later become full democracy, this is the consensus of most Chinese including me. You don't need to worry for Chinese, and we were still to focus on economic development and improving living standards on the right.


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kabir
Re: does it really matter?
by kabir on May 01, 2011 04:36 PM
can a chinese even write a blog or comment critisizing the government on the internet? :-), You wont even find is single bone next day!

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piri
Re: does it really matter?
by piri on May 01, 2011 04:42 PM
And despite such 'immense freedom', democratic India is consistently ranked between 85 and 95 while 'autocratic' China gets ranked between 65 and 75 year after year after year in the Global corruption perception index by M/s. Transparency International !!

Perhaps India acutely needs a million Anna Hazares to drive a little bit of intolerance towards corruption in the minds of the stupid Indian commoner ?

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kabir
Re: Re: does it really matter?
by kabir on May 01, 2011 06:17 PM
Well I am happy that u atleast accepted there is no freedom in china:-)

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piri
Re: Re: Re: does it really matter?
by piri on May 01, 2011 09:29 PM
You do not understand what marking a word in apostrophes means ??

You do not understand what sarcasm is ?

So, how about the Global CPI rankings of India and China over the years ??

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Guest
Re: does it really matter?
by Guest on May 02, 2011 03:32 AM
kabir: "... If he was in china he would have got killed by now."

You don't seem to know China at all. Give me a break. Don't try to fill your empty stomach with so-called "freedom". Chinese people enjoy freedom much more than you think.

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kewell333@rediffmail.com
Re: does it really matter?
by kewell333@rediffmail.com on May 01, 2011 07:41 PM
So I say the indian media often deliberately exaggerated the negative information of China. As a man who have been to many countries in the world, I can tell you that China now has 400 million Internet users. those users all can discuss and criticized the government's mistakes in tens of millions of websites or forums.For example, I can do it here t.

As long as the government violated the people's interests, it will be severely criticized by the media
China's foreign tourists reach 56 million last year, 53 million travel and study abroad , and China also has been the world's largest foreign trading power several years ago, the degree of communication between China and the world can be much higher than those in India, why do you always thought Chinese people living in the closed world, we understand the outside world much more than you. Almost all the coastal cities of China can be counted into the developed countries. people in east coastal cities have very good living conditions, almost all families can afford and by car
, the basic rate of 100% education, the Chinese are not ignorant people,
In China, the only really can not do, is to overthrow the government, but criticized the government, many people do every day, I am here also can to criticize the government,

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kewell333@rediffmail.com
Re: does it really matter?
by kewell333@rediffmail.com on May 01, 2011 08:49 PM
So I say the indian media often deliberately exaggerated the negative information of China. As a man who have been to many countries in the world, I can tell you that China now has 400 million Internet users. those users all can discuss and criticize government's mistakes in tens of millions of websites or forums.For example。
As long as the government violated the people's interests, it will be severely criticized by the media and people.The Government will be under tremendous pressure and efforts to improve.

China's foreign tourists reach 56 million last year, and 53 million travel or study abroad last year. China also has been the world's largest foreign trading power several years ago, the degree of communication between China and the world much higher than India, why do you always thought Chinese people living in a closed world, we understand outside world much better than you. Almost all the coastal cities of China can be counted developed . people in east coastal cities have good living conditions, almost all families can afford and buy a car.With 96% educated, Chinese are not ignorant people.
In China, the only really can't do, is to overthrow the government. But criticized the government, many people do every day,is it serious? Some people really so ignorant.



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Bhupinder Singh
Re: Re: does it really matter?
by Bhupinder Singh on May 02, 2011 07:26 AM
you enlighten us more than,,sonia,, toi, rediff,thanks, it is reality,,, chinese are hardworking,no any mayabati, congress bjp to play dirty politics and alow people to diee on raod,, chine play best economics politic with m n c and allow its citizen to learn,stand on their feet,allow big free market to big companies, in return they learn how to innovate, compete and work efficiently,,,chine is now everwhere from needle to satelite,america is just onlooker,because chine media canot publish crooked stories of hollywood romanace,cheaterand defame hardworking man,system whole their energy is on development,their economic rise is unexpectable without american direct support,,imf,world bank loan,, that is rediculous

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sonashri kalmegh
India and China
by sonashri kalmegh on May 01, 2011 04:34 PM

Nothing will come out by comparing India and china, way different from each other. as far as growth is concerned, China is in competition with America and not India. India will grow one of kind! In front of uniqueness of India, not a single country can stand.

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sameer
Big bubble waiting to get burst
by sameer on May 01, 2011 02:55 PM  | Hide replies

China is nothing but a big bubble which is waiting to get burst. Tt can burst any time and then one can'nt imagine what will be the condition there. Whereas India has a strong and solid economy and will continue to grow and can bear extreme economic conditions of the world economy much better than China which is very very unstable and just a short time glory.

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JGN
Re: Big bubble waiting to get burst
by JGN on May 01, 2011 04:08 PM
delusion!!

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Dhruba Sarma
Re: Re: Big bubble waiting to get burst
by Dhruba Sarma on May 01, 2011 04:19 PM
Dream away . Good Indian Pastime.

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Guest
Re: Big bubble waiting to get burst
by Guest on May 02, 2011 03:37 AM
sameer:

Hope your dream comes true. But you may never wake up :-(

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sameer
Re: Re: Big bubble waiting to get burst
by sameer on May 03, 2011 12:54 AM
It's not me but you who need to get wide awake and accept the reality. You must have the courage to accept the inevitable else get ready for the big shock which will come sooner than later. If you think Chinese economy is a solid and very stable then there is no doubt that you are living in a dreamworld. Open your eyes and mind and accept the truth.
Waaaaaaaaaake up Mr. Dreamer

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manoj kumar
Re: Big bubble waiting to get burst
by manoj kumar on May 01, 2011 05:04 PM
there is some reason behind this on which india economy much better then chia as 2g spectrum scam,cwg scam and another thousand scam which perheps never come in light

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sameer
Re: Re: Big bubble waiting to get burst
by sameer on May 03, 2011 01:23 AM
It's a shame that you can only see one part of a coin. You can only see the negative things and close your eyes when positives come around. Stop being bias, these scams and frauds do not happen only in India but in other developed countries too. But even then it's just because of the strong economic condition of India that it is not much effected by them and countinue to grow at a rapid pace along with solidity. And do you think that China is a land where no scams take place? If yes then I really pity you. First get your facts right don't comment just for the sake of doing it. There are many scams that took place in China but don't know why you can't see them or is that you don't want to see. If you can't find them still tell me I will mention some of them.

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Shri Hegde
Re: Big bubble waiting to get burst
by Shri Hegde on May 01, 2011 04:57 PM
you are right, it's a time-bomb waiting to explode. Those who don't believe, have to just wait and see.

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manoj kumar
Re: Big bubble waiting to get burst
by manoj kumar on May 01, 2011 05:04 PM
there is some reason behind this on which india economy much better then chia as 2g spectrum scam,cwg scam and another thousand scam which perheps never come in light

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XianYe
Stop comparing India with China
by XianYe on May 01, 2011 02:03 PM  | Hide replies

There is no similarity between the two countries except population. Different political systems, different levels of economic and social development, different histories, different cultures, different people. Stop useless comparisons and allow each to follow the path China or India has chosen to its logical end.

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JGN
Re: Stop comparing India with China
by JGN on May 01, 2011 04:12 PM
sour grapes!

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kewell owen
Always can seem Indians predict 2015\2020\2050
by kewell owen on Apr 30, 2011 05:57 PM  | Hide replies

Always can seem Indians predict 2015\2020\2050. Why u see now?
If u go to China,U will see the huge gap.
U will see bullet train and maglev,U will see 5 milllion cars only in Beijin. U will see thousands skyscaper not only in Shanghai,but also dozens city such as Guangzhou\Shenzheng\Hangzhou\Dalian\nanjin\chongqing\Tianjin\Wenzou\..and others.
U will see nearly 40 cities under metro construction.
Many indians don't know much about China only bicos India media always ignore China's achievement. Your ignorance can't mean world ignorance.

In 2010, the number of foreign tourists in China reached 56 million, and India only attract 5.6 million with CWG.
Tata Consultancy Services has an agency in Hangzhou,and I heard some indian staffs do not want to return to India.


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Guest
Re: Always can seem Indians predict 2015\2020\2050
by Guest on May 01, 2011 02:52 AM
kewell, totally agree with you.

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Muthu Ramaswami
Re: Always can seem Indians predict 2015\2020\2050
by Muthu Ramaswami on Apr 30, 2011 09:50 PM
China has made blunder by increasing reserves to 3 trillion. Everyone is impressed but it is the highest risk. When dollar gets devalued every 1% fall in dollar means loss of 30billion to China. It is not far away. Rating of US has been downgraded.
First nail in bubble of China growth which is entirely based on exports to US.


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Muthu Ramaswami
Re: Re: Always can seem Indians predict 2015\2020\2050
by Muthu Ramaswami on Apr 30, 2011 09:55 PM
Of course by saying this I dont mean to say Indian govt is great. But the west may still succeed in doing to China what they did to Japan.

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Guest
Re: Re: Re: Always can seem Indians predict 2015\2020\2050
by Guest on May 01, 2011 02:48 AM
That's your and somne westerners's wishful thinking. China is not Japan. China can do better than Japan and any other coutry. We will see.

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Bhupinder Singh
Re: Re: Re: Re: Always can seem Indians predict 2015\2020\2050
by Bhupinder Singh on May 02, 2011 07:32 AM
chine under one party system did wonder japan sold their soverignity because of different circumstances,,japan is totaly under american imperialism,,slave to newyork,,,chine is great , their culture, thier control,system of justice,majority of people arehappy,,400 ,million people use internet,,whatelse might be example,american willpplay game to sell weaponary to india,tostll chine development, india shouldnot fell trap to usa diplomacy

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Amit Arora
Re: Always can seem Indians predict 2015\2020\2050
by Amit Arora on Apr 30, 2011 06:29 PM
How many skyscaper are there in France, Spain and Germany you can be a developed nation without making skyscaper bulidings.Prosperity is more important then skyscapers.

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Joe Wong
Re: Re: Always can seem Indians predict 2015\2020\2050
by Joe Wong on Apr 30, 2011 07:11 PM
I think he is just trying to give some examples.

Prosperity is everywhere in China. It's very hard not to notice it when you are there.

But it's very hard to describe unless you've seen it yourself. That's why people often try to use things like skyscrpers as examples.

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kewell owen
Re: Re: Always can seem Indians predict 2015\2020\2050
by kewell owen on Apr 30, 2011 07:32 PM
Sorry,Chinese all kown China is far behind developed countries such as UKUSJapan. And u can't see Chinese media compare China with them.

What I say is only bicos mr.Loga's post

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Bhupinder Singh
Re: Re: Re: Always can seem Indians predict 2015\2020\2050
by Bhupinder Singh on May 02, 2011 07:41 AM
kewell i aways read about chine, their leadership never compare chine with any one,give shallow, houty,statement like indian bal thakre,bjp and score of ignorant politician print in media,,empty vessal make much noise,,,

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Muthu Ramaswami
Re: Always can seem Indians predict 2015\2020\2050
by Muthu Ramaswami on Apr 30, 2011 09:50 PM
China has made blunder by increasing reserves to 3 trillion. Everyone is impressed but it is the highest risk. When dollar gets devalued every 1% fall in dollar means loss of 30billion to China. It is not far away. Rating of US has been downgraded.
First nail in bubble of China growth which is entirely based on exports to US.


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mohammed ulhaq
Re: Always can seem Indians predict 2015\2020\2050
by mohammed ulhaq on May 01, 2011 11:15 AM
Mr. Kewell, you seem to be great fan of China but my dear frnd there is a huge difference between China and India. India being a democratic country it has restricted FDI to 26% where as there is no such restriction in China. If something goes wrong with USD then all these FDIs will be flown out of the country and will be left with these huge skyscrapers and millions of cars only. Where as in India even during recession we had shown growth and will had demonstrated that we are not dependent on USD. Hope you will understand whey India is considered almost equal to China with such visible differences. I am proud and happy to be born in India rather in China, are you ???

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kewell333@rediffmail.com
Re: Re: Always can seem Indians predict 2015\2020\2050
by kewell333@rediffmail.com on May 01, 2011 03:43 PM
FDI accounts for only a small proportion of China's social investment, are no longer welcomed by the Chinese government. With three trillion foreign exchange reserves, China has enough money.
The Chinese government has control hot money inflows several years ago, and take measures to avoid the inflow of foreign funds, not allow interest rate increase quickly.
While India has repeatedly raising interest rates, inflation remain high for long time , I think it is India should worry about international hot money

When you compare autoshipbuildingtelecompower generationelectronicsCNC machine toolsheavy machinerypetrochemicalbanking, cementsteelcoaloilaviation and nearly all the industry
, China as a world factory, are several times or even ten times bigger than India, how can u considered India is almost equal to China



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piri
Re: Re: Re: Always can seem Indians predict 2015\2020\2050
by piri on May 01, 2011 04:28 PM
Absolute silence from all directions in reply to your post !!

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Bhupinder Singh
Re: Re: Re: Always can seem Indians predict 2015\2020\2050
by Bhupinder Singh on May 02, 2011 07:17 AM
kewell i appreciate your knowledge which wasnot given by indian media because they over shadow whole congress corrupt system i havebeen living in australia with somany chinese, majority of them support govt, and have liberal view,media in india totally give negative news,to make ignore, chine have corruption but no much like in india,in milk corruption case,2 senior minister and ceo werehanged, lot of arrested,no chinese top leader have swiss bank acount,no moneyin abroad,chine development is surprise and envy to indain,, indian politics is totally takkki khannna,,,we should accept it and indian democracy is deman cracy, where for simple facilitie commoner has to wait for years,bribe babu,redicoulous,papers are full of hypocracy,soalled secularism,,india is failed state is being run by c i a supported cartelunder sonia,mms

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mohammed ulhaq
Re: Re: Re: Always can seem Indians predict 2015\2020\2050
by mohammed ulhaq on May 03, 2011 06:15 PM
You think reserves are going to be an asset??? until USD is safe. The moment USD slips down then you will also see the fall of China. But India has Gold in reserve which can be exchanged to any currency.

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kewell owen
why India always compare them with China
by kewell owen on Apr 30, 2011 05:20 PM  | Hide replies


For example, China auto sales reach 18 million in 2010,and India only 2 million. Ana u also can't find any way to equal India with China
with GDP
India 1.5 trillion: China 6.4 trillion.



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Kumar
Just 10 years back no one even talks about China and India. Only
by Kumar on Apr 30, 2011 03:41 PM  | Hide replies

Just 10 years back no one even talks about China and India. Only USA, UK and Europe were King. But time cycle changed so fast that today everyone even in developed countries all are taking about India and China success. This is a big achievement for 3rd world countries like China and India.

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Joe Wong
Re: Just 10 years back no one even talks about China and India. O
by Joe Wong on Apr 30, 2011 07:20 PM
There were a *LOT* of people talking about China 10 years ago.

But most Western (and Indian) analysts refused to acknowledge China's achievements at that time. For the ones who did acknowledge, most insisted this progress would not continue. Some (especially in India) even insisted that China would collapse.

Since 20009, many of these people are forced to change their commentary.

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Loga
India will surpass China as the fasted growing major economy by 2
by Loga on Apr 30, 2011 11:02 AM  | Hide replies

India will surpass China as the fasted growing major economy by 2015, by IMF.India literacy rate is much lower than China, India technical and management institutes are far better than such schools in China.It is estimated that that only 10 per cent of Chinese engineers have the skills required to work in a global company, while the comparable number for India is 25 per cent.

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Joe Wong
Re: India will surpass China as the fasted growing major economy
by Joe Wong on Apr 30, 2011 11:44 AM
.
1) Growth rate is only important if the sizes of the economy is comparable.

There are already many countries that are growing faster than China and India (eg, Paraguay is one)

2) As for the engineers, the claim is almost laughable.

For example, there are more Chinese engineers building roads and trains for India than there are Indian engineers building these for China. This is despite the fact that Indian engineers are far cheaper than the Chinese ones!


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kunnathidathil anil
Re: Re: India will surpass China as the fasted growing major econ
by kunnathidathil anil on May 01, 2011 05:10 PM
Chinees Toys, Roads, Bridges, Cars, Electronics, etc; etc; comes in cheap and goes to thin air the way it comes. All these copy cats of the western & American Pirated or pattened technows cann't stand against the time. Mass production coupled with cheap materials and imported low Technow acclerate the growth of exports, to Us and the Europian Union during the Cold war era to counter Russian economy, chinees had come a long way, but should be wary of the Future growth in a though compitative envronment which is Free and Democratic.

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kewell owen
Re: India will surpass China as the fasted growing major economy
by kewell owen on Apr 30, 2011 05:55 PM
Always can seem Indians predict 2015\2020\2050. Why u see now?
If u go to China,U will see the huge gap.
U will see bullet train and maglev,U will see 5 milllion cars only in Beijin. U will see thousands skyscaper not only in Shanghai,but also dozens city such as Guangzhou\Shenzheng\Hangzhou\Dalian\nanjin\chongqing\Tianjin\Wenzou\..and others.
U will see nearly 40 cities under metro construction.
Many indians don't know much about China only bicos India media always ignore China's achievement. Your ignorance can't mean world ignorance.

In 2010, the number of foreign tourists in China reached 56 million, and India only attract 5.6 million with CWG.
Tata Consultancy Services has an agency in Hangzhou,and I heard some indian staffs do not want to return to India.




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Guest
Re: India will surpass China as the fasted growing major economy
by Guest on Apr 30, 2011 11:17 AM
" ... India technical and management institutes are far better than such schools in China. It is estimated that only 10 per cent of Chinese engineers have the skills required to work in a global company, while the comparable number for India is 25 per cent."

Any trustful source on above statement? I don't think so.

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C P
Re: Re: India will surpass China as the fasted growing major econ
by C P on Apr 30, 2011 12:04 PM
Why all the indian like to make things up. Are they all living in a dream world.

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C P
Re: Re: India will surpass China as the fasted growing major econ
by C P on Apr 30, 2011 12:03 PM
Why all the indian like to make things up. Are they all living in a dream world.

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narayan tiwari
rAHUL
by narayan tiwari on Apr 30, 2011 10:48 AM

Ask our Congi prince Rahul the amul baby, the baby in diaper will say that Congress ruled states are better than US!!
Other states which are ruled by opposition is worse than African countries.
So never go by these words and never vote for dirty congress party, the party of looters

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kadvi mirchi
Jai Sidhhu baba
by kadvi mirchi on Apr 30, 2011 09:44 AM  | Hide replies

Statistics are like short skirts. they reveal unimportant things but hide most important thing.

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JGN
Re: Jai Sidhhu baba
by JGN on May 01, 2011 04:31 PM
but if the same statistics says that India is super power then it is true!!!

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