Re: In 2050-What will be the Rupee value versus Dollar, Euro, etc
by Shaman on Mar 20, 2011 02:31 PM
Rupee is heavily devalued as of now to encourage exports, making Indian goods and services cost- effective. As per Purchase Power Parity (PPP) method, a Dollar currently is worth just less than 4 Rupees!. So, it depends upon the convertibility of our currency which is slowly coming into effect. Dollar may cost just about 1 rupee in 2050 going by the estimation that India will be the second largest economy by then.
Re: Re: In 2050-What will be the Rupee value versus Dollar, Euro,
by Truth BeTold on Mar 20, 2011 10:32 PM
Really? Where did you get those numbers from? And if you are that intelligent what are you doing on the rediff message board?
Re: Re: Re: In 2050-What will be the Rupee value versus Dollar, E
by Dolly Kurian on Jun 16, 2011 10:27 AM
Wonderful yardstick for measurement of intelligence!I agree with you.Carry on with this activity for idiots
First it was 2020. And now it is 2050. After the severe economic downturn in the west and still India keeping up the pace... the projections went up by 30 years. Look at the infrastructures and the developments in the countries listed and compare them with the best city of our country, we will know the reality. Lets bark about this and then, sit infront of the TV watching the useless game and kill our time.
Re: Lol India
by sujeesh areekara on Mar 11, 2011 08:57 AM
well said mate and why bother being the richest ...if all of us can have 3 square meals a day,can afford good health care,have a roof over our top and sleep peacefully without fear of dacoits or Pakisthan then we are indeed there.
Re: Lol India
by Bhanu Prakash on Mar 12, 2011 08:08 PM
no one told inida will be a developed by 2020 folish man. It is only desired by abdul kalam. do not talk nonsence withour any authentic reoport. You feel that your dull brain is bette than the reserch based report of citi.
First it was 2020. And now it is 2050. After the severe economic downturn in the west and still India keeping up the pace... the projections went up by 30 years. Look at the infrastructures and the developments in the countries listed and compare them with the best city of our country, we will know the reality. Lets bark about this and then, sit infront of the TV watching the useless game and kill our time.
GDP growth at 9% this year and projections for significant increase in per capita income in coming years is good but it does not mean much if we do not look at :
A) Inflation, cost of surviving (I did not say living) B) What percentage of population will be earning less than per capita income (Rich get richer and poor get poorer) C) Access to food, housing, drinking water, education, good paying jobs, sanitary facilities etc.
If we look at all these parameters, I am not sure if we need to get too excited about India's future. Population of 2 Billion, this is scary !!
Re: BJP will
by vikas sharma on Mar 10, 2011 11:55 AM
from where bjp cames in and y cud u explain this. this is a serious economic debate man not a political discussion
Re: No Way !
by guru on Mar 10, 2011 08:47 AM
Indian democracy system where poors are used for votes and then kicked or even murdered and not allowed to speak openly about their rights.... this is our economy,gdp,per capita income... 135rs/day is the cost given to a labourer in india as compared to 50$/Hour in other nations thats why they leave this country as much as they can and run to other nations,....
Re: No Way !
by syed rasheed on Mar 10, 2011 11:11 AM
Ree gandmaru Surely there is no way for you, The way india is progressing We will overtake US & China by 2045, Post that india will be leader, FYI this is not political debate dont drag any praty in this go ge a life first
Re: Re: No Way !
by trader on Mar 11, 2011 07:50 PM
BJP was the party which gave the image of "Super power" to the country during its regime of 1999-2004.India started to shine actually in 1999 and only due to all kinds of cheating,EVMs etc..Congress came to Power and according to the words of congress minister,gota full treasury and market upbeat!!Now we are seeing the coorrupt nature of the Congress which is looting the country at the expense of the Hindus, as only due to Hindu population ,India is becoming Super power today!!Muslim and Christian contribution is negligible in this!!
2050 is like 40 years later............... agriculture is the most imp thing for india (which is not doing great at present)-- & than govt. has to look into population, pollution, -- i hope that govt. has implemented some plans & have the committee set up for all this departments....... i hope all well to india. all this things need a lot of planning and a future outlook and time
Considering that India will rise from about US $1500 per capita PPP in 2000 to about $40,000 per capita in 2050, it is staggering (27 fold). The US, Singapore, South korea, etc will only increase about 3-6 fold by these projections.
So those who are negative about it, please understand this. To move a country the size of India's is not a joke. Of course we could do better without the corruption of our topiwallahs.
