India should align with Pakistan to create a common market because additionally demand in Pakistan will boom industries here. Pakistan can become developed like Japan with India's help once terrorism is controlled. After all these guys have potential, if nothing else to entertain us - just pick up whos and whos of our top bollywood stars, ALL ARE OF PAKISTAN ORIGINS -- Shammi Kapoor, Salman Khan, Shah Rukh Khan, Prithvi raj Kapoor, Dev Anand, Jitendra, Balraj Sahni, and so on and on, for ever and our PM no less himself was actually born in Pakistan, no less.
Re: Fortune
by rama anne on Aug 19, 2011 08:03 AM
does not matter we should be innovative and help raise the standard of living of all indian citizens housing education heathcare clean water and power
In dollar terms (purchasing power parity), according to world bank India’s GDP according to world bank in 2010 is 4.198 trillion US$ in terms of purchasing power parity (PPP) At present India’s growth rate is about 8% or even more ( except in 2008) 4.198x 108/100 = 4.534 trillion US$ for 2011 4.534x 108/100= 4.897 trillion US$ for 2012 4.897x 108/100= 5.289 trillion US$ for 2013 5.289x 108/100= 5.712 trillion US$ for 2014 5.712x 108/100= 6.169 trillion US$ for 2015 6.169x 108/100= 6.663 trillion US$ for 2016 6.663x108/100= 7.196 trillion US$ for 2017 7.196x108/100= 7.772 trillion US$ for 2018 7.772x108/100= 8.394 trillion US$ for 2019 8.394x108/100= 9.066 trillion US$ for 2020 9.066x108/100= 9.791 trillion US$ for 2021 9.791x108/100= 10.574 trillion US$ for 2021
The presen GDP of China is 10.084 trillion US$ ( world bank). So if we maintain the growth rate of 8% we will reach China's present level in about 11 years. Of course, China will have then at least 75% more GDP than our's
Re: statistics of India's future GDP at 8% groth rate
by panduranga vittal on Aug 18, 2011 11:11 AM
the following extra portion is erronious. Please ignore it.
Re: statistics of India's future GDP at 8% groth rate
by rama anne on Aug 18, 2011 11:18 AM
Hi Vittal that is all fine ,,we must not be excessivley obsessed with GDP growth rate alone
Rather how we use our economy to rotate money ,,(Not cricket betting or black money nor people moving wealth out of India
we must find ways to rotate money inside indian economy with out black money and corruption
Such a viobrant economy will touch people lives and transforming their lives
It is important we do not have slums rather good human inhabitated housing clusters with clean water and power and access to healthcare
If we still have slums and poverty and the slums do not have access to drinking water or adeqaute power supply then that kind of INDIA no matter what the GDP is useless
so it is better to have a balanced economy and people have access to housing ,,healthcare and food
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
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 ======== 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)
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