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India to be $5.6 trillion economy by 2020


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aurigo auri
$ 5.6 trillion
by aurigo auri on Aug 18, 2011 09:31 AM  | Hide replies

by 2020 Nobody calculates in Dollar , it is 100 % sure that Dollar will not be a prime currency in a year or 2 .
May be we can calculate in Euro or Chinese YEN or Swizz Franc

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rama anne
Re: $ 5.6 trillion
by rama anne on Aug 18, 2011 09:43 AM
Ok that should not concern us Indians
either way is fine infact US dollar is fine too
so Iam not worried about external factors

we must control corruption and inflation
if we just do the above ,,path becomes very clear and clean
then ofcourse we need good administrators and policies

Public Private model worked fine and more or less
DELHI T3 terminal
Bangalore intl airport plus Hyd intl airports
NEW DELHI METRO EXPRESS all have shown it is possible to adopt the model

we might need to tweak ,,use cutting edge tech like Sharepoint 2011 portal based bids and tenders through web

It can be exposed to RTI activists(I mean projects progress) with a dedicated bank account (Finances)

This will ensure a yomen of confidence both to business and public

once we have things in place

we need to
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Step up BAARC (Plutonium plus Thorium based nuclear power reactors) plus North east Hydro electric dams (that is the only way as India is densely populated besides solar power

2.then ofcourse RFID based road toll system on National highways
it will cut corruption(between lorry drivers and brake inspectora at check posts) ,,saves fuel(as lorries will pile up or clogg near check posts ) precious diesel or petrol is wasted as they slog in First gear

we could remove the above bottleneck with RFID based tech and systems first on Golden Quadrilateral then on all other district roads (second stage)

If we get the above right ,,we will be on right

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rama anne
Re: Re: $ 5.6 trillion
by rama anne on Aug 18, 2011 09:47 AM
track

Poverty will fall in chunks (1o percent at a time) and eventually disappears(in five to six years time span)

POOR VS RICH
==========
If we debate this as a topic ,,we will not go anywhere because rich will feel insecure ,,while poor will feel something isnot justified

If we debate Rasing Standard of Living then whole of india unites like

Give housing with new materials

2.Replicate massive Narayana hrudayala plus AArvind eye hosiptal models

3.Supply medicines in van based dispenseries to all poor suburbs (at a very subsidised cost)

4.make PDS fully efficient

Ofcourse better roads ,,water and waste collection systems

This will make all Indians come together as one ,,as they realise and believe India growth story

Ofcourse population growth needs to fall for atleast a decade or two
Fruits of development will reach the masses faster

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rama anne
Re: Re: Re: $ 5.6 trillion
by rama anne on Aug 18, 2011 09:54 AM
sorry spelling errors my mistake
read Raising instead of Rasing

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rama anne
Re:India some facts
by rama anne on Aug 18, 2011 09:19 AM  | Hide replies

Here are some facts and different ways to look at India

1.Indias forex reserves stand at 330 billion US dollars

2.Indian Govt owned Gold reserves at a few hundred tons(stands at 11th rank world wide)

3.Indias Private Gold reserves unaccounted for but significant besides savings in cash with Indian banks as well(Private wealth)

Defense
=========

Here are some interesting facts

1.BRAHOMOS - (India plus Russian joint development) - is a Missile that is 3times the speed of Sound Mach 3 and it can strike with surgical precision
Missile is deployed with navy ,,army and airfoce of indian armed forces

It is one of the worlds most potent and deadly missile (may be even the top 3 in the world)

T50
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Sukhoi 5th generation Fighter aircraft joint Russian plus Indian - Indias share 30 percent of development cost
Indias contribution - avionics plus galss cockpit plus vision and electronics

So indias defense in 21st century is quiete different to when Mughals or British have Invaded India

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rama anne
Re: Re:India some facts
by rama anne on Aug 18, 2011 09:24 AM
Those who are curious how this 5th gen fighter aircraft looks like type T50 and read The hindu article (todays 18th aug 2011)

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V S
Re: Re: Re:India some facts
by V S on Aug 18, 2011 09:32 AM
you can find details on T50 fighter on wikipedia.

However , India must ensure corruption free governance to ensure equality and fairness for all.

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rama anne
Re: Re: Re: Re:India some facts
by rama anne on Aug 18, 2011 09:53 AM
correct
population growth falls in next ten or 20 years
GDP growth of atleast 8 percent

then poverty will fall in chunks 10 percent every 3 years ,,everything gone in 9 years time

Then instead of Rich vs Poor
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we all must sit and debate on NDTV studio(IIMs professors plus scientists plus farmers etc)
how to raise standard of living ?

how to deliver medicines at subsidised costs using the same aadhar cards ?
pds system robust and leakage proof ?

safer nuclear power plus some Hydro (North east ) plus solar(on all rural village hamlets top for domestic use)

we will be on right track and yes that day bapus India will take shape
all indians will smile and that day I will be very happy

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Kumar
India is capable to achieve more then 10% of GDP growth because i
by Kumar on Aug 18, 2011 07:23 AM  | Hide replies

India is capable to achieve more then 10% of GDP growth because if in recession India can grow 7% GDP then in booming time can reach 10% easily.Indian economy was grown rapidly close to 8% GDP in 2009.To achive double digit 10% GDP growth
India should transform them self into a consumers base Economy. It will Create millions of Jobs in different sectors like Retail, Real state, service, Tourism etc.Target 30% to 50% increase in farmers incomes in next five years by giving them more Subsidy and technology to grow more crops in less land area. If India successfully able to do above things then can achive double digit 10% GDP growth easily.

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rama anne
Re: India is capable to achieve more then 10% of GDP growth becau
by rama anne on Aug 18, 2011 09:23 AM
It is possible

If we combine NREGA with farm labour

2.Open 24 hr agri clinics govt funded with youth from the village manning it (they have to be trained with IRS satellite GIS systems)

3.AGRI Clinic - one stop shop thart gives free advice tailored to one acre as well as 20 acres
It should have coordination with Bio fertilisers ,,seeds etc besides Tractor leasing or machinary leasing

4.PRAJ industries of PUNE has expertise to set up AGRI based industries which must be utilised to create agri based industries

Then definetly we can achive
last but not the least we must leverage air infrastructure and cargo

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rama anne
Re: Re: India is capable to achieve more then 10% of GDP growth b
by rama anne on Aug 18, 2011 09:25 AM
Ofcourse Corruption has to go and we need good agri minister plus Telecom ministers as well

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hullabol sachin
what crap...
by hullabol sachin on Aug 18, 2011 06:21 AM  | Hide replies

what crap? our country can barely walk as an average indian is hardly able to make ends meet. its time anna launched an agitation against such rumour savvy media hell bent on spreading such hopless hope. yes, there will be a three to ten fold increase in corruption and the rich will keep getting richer as that is something that is beleivable..??

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JAGDISH
Re: what crap...
by JAGDISH on Aug 18, 2011 07:50 AM
YES THE COUNTRY HAS GOING TO VIEW UPHEACAL IN ECONOMIC SECTOR,WHAT HAS BEEN PREDICTED IS FILMY EXCERCISE. REDUCE THAE RATE OF CORRUPTION IN EACH STATE,THEN SEE

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Merwyn Mendonca
What is the use ?
by Merwyn Mendonca on Aug 18, 2011 12:24 AM  | Hide replies

850 million people live on less than Rs.20 a day.

Make it $5000.00 a year. Then we can say yes its developed.

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hullabol sachin
Re: What is the use ?
by hullabol sachin on Aug 18, 2011 06:24 AM
and this stupid man is talking about trillions which do not do a cent worth of good to a man he does not get 3 meals a day which is a real shame to this congi government which has looted the people of our country for over 50years thats its ruled our country and made suckers out of us...such stupid news is further armour in the hands of wrong people as it empowers them to fool the weak and the uneducated masses

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panduranga vittal
Re: What is the use ?
by panduranga vittal on Aug 18, 2011 06:30 AM
no one said it is developed, but it is developing at the fastest rate and India's per capita income will be 40000 US$ in 2050 and UsA's will be 93000 US $, according to western and USA's economic forums. By the way your 840 million people live with less than Rs. 20 is a false statement. You are exagarating ist. Show an suthentic source for your this stamenent. Otherwise it clearly shjows your hatred for Inidia.29% of Inidians are poor accrding to official statistics. whch is about 300 millin, and you find a pleasure in showing that Inida has more povery. YOur great USA will economically collapse, unles they take austeric measeues for two generations. Wait and see.

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scewin
Yes
by scewin on Aug 17, 2011 10:16 PM  | Hide replies

India's $5.6 trillion in Swiss bank by 2020.


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hullabol sachin
Re: Yes
by hullabol sachin on Aug 18, 2011 06:26 AM
i will say yes to that too. i will go a step further and make it double?

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Religious DrugAddict
NOT IF ANY OTHER PARTY RULES INDIA OTHER THAN CONGRESS
by Religious DrugAddict on Aug 17, 2011 10:13 PM  | Hide replies

I BET YOU THAT INDIA WILL BE A THIRD WORLD STRUGGLING BANANA REPUBLIC IN 3 YEARS OF BJP RULE

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AN INDIAN
Re: NOT IF ANY OTHER PARTY RULES INDIA OTHER THAN CONGRESS
by AN INDIAN on Aug 17, 2011 10:15 PM
I think you are right - scams notwithstanding Congress is way better than BJP. If only they can control corruption.

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chintan jhunjhunwala
Re: NOT IF ANY OTHER PARTY RULES INDIA OTHER THAN CONGRESS
by chintan jhunjhunwala on Aug 17, 2011 10:17 PM
which drug cocktail you consumed today.

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hullabol sachin
Re: NOT IF ANY OTHER PARTY RULES INDIA OTHER THAN CONGRESS
by hullabol sachin on Aug 18, 2011 06:28 AM
religious drugaddict..your name says it all. you better stick to whatever it is you are doing and get off this board and get on with your thing (whatever it is)

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panduranga vittal
Re: NOT IF ANY OTHER PARTY RULES INDIA OTHER THAN CONGRESS
by panduranga vittal on Aug 18, 2011 06:36 AM
You and your family will go to street and clean inidian toilets, But inidia will have the largest economy in about 2050-60, barking dogs like you can not stop it. fo courese stll per capita inceome wise even in 2060 there can be at least 50 conuntres recher than Inida

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shivey upadhyay
gr8
by shivey upadhyay on Aug 17, 2011 10:03 PM

what will be d use of so much money???? wen people of India will be still suffering...

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Godrocksbig
Out of
by Godrocksbig on Aug 17, 2011 09:46 PM

Out of these 6 Trillion 1 Trillion would anually be sent to Italy by Non Resident Italian Indians.

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Oye Kake
Economics should be re-visited;
by Oye Kake on Aug 17, 2011 09:32 PM  | Hide replies

I found that the most debt countries are the most developed countries with USA leading the debt;
This gives me feeling that its like taking loan from bank and living lavish life;

So this form of growth calculation merely seems to me as miscalculation of the actual situation which in long term will fall back;

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om shanti
Re: Economics should be re-visited;
by om shanti on Aug 17, 2011 09:48 PM
If a drunkard father borrows money from everywhere and drink every day and die,his son will have to return if he has self respect...

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