from when has hong kong become a separate country. no world atlas/wikipedia/encyclopedia brittannica describes it as a separate country, but instead shows it to ba a region/province of china.
Switzerland ....... Rs 350 Hong Kong ......... Rs 150 USA ............... Rs 200 Japan ............. Rs 400 Singapore ......... Rs 300 India ............... Rs 5
Re: India world's most affluent in terms of purchasing parity ?
by Ravi Iyer on Mar 09, 2011 12:12 PM
A cup of coffee costs S$1.50-S$2.00 in Singapore. That's Rs. 52-70. Not 300! Similarly, you don't get a cup of coffee for Rs. 5 in India. It's 15-20! PPP gap is wrong as you are trying to show. There's gap no doubt - but definitely much less than your "guess" numbers.
Re: India world's most affluent in terms of purchasing parity ?
by James Bond on Mar 09, 2011 12:17 PM
Rs 200 in USA means 4$ which is almost same. In India you get coffee for more then 8. I don't from which road side shop you have asked the price.
Re: India world's most affluent in terms of purchasing parity ?
by Karthik on Mar 09, 2011 12:01 PM
Caffine decreases oxygen levels in your body. Dont drink too much coffee.
Its very sad to see people comparing prices of coffee and concluding about purchasing parity of people across countries.
By the way, where do you get coffee for 5rs? your city name please..
Re: India world's most affluent in terms of purchasing parity ?
by Holiest Cow on Mar 09, 2011 11:02 AM
5 Rs version of Indian coffee is 'Drink As Much as you Wnat' for free in other countries.
increase in the income not because of the government it is the government who force the price rise in basic etc. which the increased income go in that way so how the standard of living increased sense?????????????/
Instead of showing books they should have shown slums of Dharavi as our face! In India only rich people become very rich in last one decade. May be the result was based on their income.
In India where 36% Indians are below poverty line and the figure given in the Parliament is about the remaining 64% people. If the leaders of India does scams like this there will be the adverse effect of. India will be amongst the 10 poorest countries of the World.
It seems that the projection is based on simple mathematics considering the salary growth/income growth of 11-12% per annum and after 39 years it will be more than the projected.but considering the inflation to be around 10%,the growth of india's real strength is negligible.
