Size is irrelevant to a large extent , it is How /What is done that is more important .
One could invariably do a comparision between :
India vs Hong Kong ,
India vs Singapore , OR
India vs Taiwan.
.
All the latter countries are far far smaller than India and with ZERO natural resources.
Yet All these countries (HK, Taiwan, Singapore ) will EASILY have a per capital in excess of USD$100,000 compared to India's puny $4706
One can see a clear trend amongst members from a certain sub-continent ; the propensity for comparing & giving excuses .
There is (or Was) so much potential from a society that inherited the English langugage, the British Common law system etc.
But alas, it seems to have been wasted.
.
Perhaps that is why Africans are now outperforming the Indians .
Leave alone the little countries.. we can discuss that if this thread continues longer.
But as for china and india, the values change drastically once we change to apples to apples, rather than dollars to dollars.
And this when china is concentrating on "digging" and "digging" so that it can buy food for its people.
I actually opened the CS report, and see that India saves mostly in physical assets e.g. housing, gold and much less in stocks or bank deposits. I assume $1000 per capita for gold is currently accounted.. eh, or do they count is as a consumption item as govt of India does? The housing prices in India are at PPP; so a coffin apartment in china could be values more than a bungalow in Gwalior, since prices of same physical good differ when converted using nominal exchange rates.
Leave the crap about "english", "common law" .. as if India got it patented and you don't have a right to use it. Next you will say India invented the modern numerical system but could not follow up on it to unleash the industrial revolution, instead of Europe / britain.
Size is irrelevant to a large extent , it is How /What is done that is more important .
One could invariably do a comparision between :
India vs Hong Kong ,
India vs Singapore , OR
India vs Taiwan.
.
All the latter countries are far far smaller than India and with ZERO natural resources.
Yet All these countries (HK, Taiwan, Singapore ) will EASILY have a per capital in excess of USD$100,000 compared to India's puny $4706
One can see a clear trend amongst members from a certain sub-continent ; the propensity for comparing & giving excuses .
There is (or Was) so much potential from a society that inherited the English langugage, the British Common law system etc.
But alas, it seems to have been wasted.
.
Perhaps that is why Africans are now outperforming the Indians .
Leave alone the little countries.. we can discuss that if this thread continues longer.
But as for china and india, the values change drastically once we change to apples to apples, rather than dollars to dollars.
And this when china is concentrating on "digging" and "digging" so that it can buy food for its people.
I actually opened the CS report, and see that India saves mostly in physical assets e.g. housing, gold and much less in stocks or bank deposits. I assume $1000 per capita for gold is currently accounted.. eh, or do they count is as a consumption item as govt of India does? The housing prices in India are at PPP; so a coffin apartment in china could be values more than a bungalow in Gwalior, since prices of same physical good differ when converted using nominal exchange rates.
Leave the crap about "english", "common law" .. as if India got it patented and you don't have a right to use it. Next you will say India invented the modern numerical system but could not follow up on it to unleash the industrial revolution, instead of Europe / britain.