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A 'Superpower' That Couldn’t Keep the Lights On

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A breath of fresh air. Hmmmm smells gooood :)

I'll post a comment from the quoted link:

Quote:
Not only is the country one of the most corrupt in the world, it's tax collection policies are ridiculous. For one thing if you bribe the income tax authorities you can get away with cheating to an extent that people in the West will get shocked. Secondly, 95% of small business ventures (ma/pa stores) do not report their income correctly nor do they collect sales tax that is due from buyers. It is a win-win situation for the consumer and the seller - the seller doesn't pay income tax that is owed by them and the buyer saves by not paying sales tax. What a system!!

:)

bandhu tumhare yaahan koi industry windustry to hai nahi , sirf light fan jalate ho us pe bhi shortage hai tumhare yahan . pata nahin india jaisi economy aur industry hoti to pata nahi kya hota . , black out , nanananan wipe out ho jaateee..........:cheers:
 
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LOllllllllll Bhai yeh US ko kya hogaya hai...JAb dekho Superpower ki Mala japta hai....
India abhi chalna seekh raha hai....India aaj bhi Wohi purana 50 yr Infrastructure se kaam chala rahe hai.....But its know its many prob and its trying to find its solution.....

Are bhai cycle/bike seekte waqt ek do baar girna hi padta hain ...tabhi tum usse puri tarah sikh sakte ho...

INdia knows its power requirement thats why its going full steam ahead with its nuclear power plant projects and Dams ..tum log bas yahan PDF pe LOLLLLLL karte raho:lol:
 
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One black out and people are questioning about everything in India.

Get a life guys, develop your own super computer, space program and vehicle, send orbital to moon, build own SSBNs and ACC, ICBM, ABM, a robust IT industry etc....then come and question us.


Only Chinese can come and make fun of us....for rest, come to our level then we will talk.

AFAIK, blackouts often occur in most coastal areas of China in summer but the local authorities have kept accidents hidden.
 
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Lets get to some serious discussion on this topic. The article says/implies the following:

India’s benchmark Sensex Index has fallen nearly 18 percent from its peak in November 2010.

Indian Rupee has slumped 25 percent against the dollar and now hovers around Rs 60 per dollar as compared to Rs 39-40 some time ago.

India’s growth has slowed to around 5 percent from the 9 percent growth rates in recent years.

India’s Planning Commission admitted just this month that the country won’t be able to meet the $1 trillion target needed for the infrastructure development.

Without infrastructural development, the desired growth may not be possible and chances of it to go down further can not be ruled out.

Morgan Stanley experts see only a 50 percent possibility of India regaining its fast growth trajectory.

The rhetoric about big India syndrome needs to be followed with concrete actions expeditiously as investors are unlikely to give policy makers a prolonged period of benefit of doubt.”

The drawdown in Indian economy is going to have serious impact on her defence spending as well. Money for the big ticket defence purchases may not be available and all the three services of Indian Forces are going to suffer major delays in foreign equipment inductions.

This means, no more nuclear powered submarines, no more Aircraft Carriers, no more high-tech aircraft induction, and no more raising of strike corps’ with additional artillery divisions against China – or if even some needs are met, these would be delayed in time and space.

And as India is a status quo country, we must pray that the status quo is maintained indefinitely.
 
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Lets get to some serious discussion on this topic. The article says/implies the following:

India’s benchmark Sensex Index has fallen nearly 18 percent from its peak in November 2010.

Indian Rupee has slumped 25 percent against the dollar and now hovers around Rs 60 per dollar as compared to Rs 39-40 some time ago.

India’s growth has slowed to around 5 percent from the 9 percent growth rates in recent years.

India’s Planning Commission admitted just this month that the country won’t be able to meet the $1 trillion target needed for the infrastructure development.

Without infrastructural development, the desired growth may not be possible and chances of it to go down further can not be ruled out.

Morgan Stanley experts see only a 50 percent possibility of India regaining its fast growth trajectory.

The rhetoric about big India syndrome needs to be followed with concrete actions expeditiously as investors are unlikely to give policy makers a prolonged period of benefit of doubt.”

The drawdown in Indian economy is going to have serious impact on her defence spending as well. Money for the big ticket defence purchases may not be available and all the three services of Indian Forces are going to suffer major delays in foreign equipment inductions.

This means, no more nuclear powered submarines, no more Aircraft Carriers, no more high-tech aircraft induction, and no more raising of strike corps’ with additional artillery divisions against China – or if even some needs are met, these would be delayed in time and space.

And as India is a status quo country, we must pray that the status quo is maintained indefinitely.

aaina unko dikhaya to bura maan gaye :)
 
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hahaha what a stupid thread. You guys have millions of problems in your own country, better to waste time on that. don't worry about India and it's economy , there are millions of people to take care about it.. First look at your own economy and it's progress then talk about others..
khud ke ghar me kuch hai nai, dusro ka nuksaan dekh kar khus hote raho ye soch kar ki wo bhi tumhari tarah sadak par aa jaynge.. lakin guys aisa nai hone wala..
 
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