Can India Become the Next China?

[Raphael]

India will become the new USA. There can only be one China however.

 

[FairAndUnbiased]

The best part of Indias growth is that unlike China, Indias growth will be completely inclusive. Unlike Chinas investment based growth, Indian growth can never be non consumption based. In laymens term, Indian growth will be highest even with a low gini quotent.

India's growth is not inclusive at all. India has 1/5 the economy of China yet 1/3 the number of billionaires. India has some of the world's lowest literacy rates and life expectancies coupled with some of the richest billionaires. I don't see how that's inclusive? There is very little public infrastructure. Whereas the rich and the poor both use trains and roads in China, in India, flying (a primarily rich man's transportation method in developing countries) is the chosen way of travel. Consumption based economy =/= inclusive. The rich consume ALOT more than the poor, after all, who must save and invest their wealth.

You have it all backwards. Benefits of India's growth flow primarily to the ultra rich, trickle down to the middle class, and nothing changes for the lower class. That is why the proportion of Indians in absolute poverty is changing extremely slowly.

 

[Icewolf]

India's economic growth is supported through an economic bubble. India is surviving off the backs of the poor and the needy for labor.
India will never become another China if it doesn't get its act together. Right now there is no industry, no nothing in India.

 

[Chinese-Dragon]

Westerners and Indians used to believe that India would achieve a sustained average double-digit growth rate... simply because China did it for three decades.

They assumed that all you needed was a population over a billion.

Now, after struggling for years and only achieving a 4-5% growth rate, many Westerners and Indians have realized that India is nothing like China.

There is nothing in India that would allow them to sustain an average double-digit growth rate for several decades.

It has only ever happened in China, in all of recorded human history. This was due to some very specific internal conditions in China, and a world ripe with demand for manufactured goods bought on cheap credit and debt.

None of those conditions exist for India. Now the market is flooded with competition, and India's own manufacturing sector is shrinking, due to the inability to compete with countries that have spent decades building up their national manufacturing bases. Like the countries of Southeast Asia.

 

[opruh]

Never in a million years.

 

[WAR-rior]

India's growth is not inclusive at all. India has 1/5 the economy of China yet 1/3 the number of billionaires. India has some of the world's lowest literacy rates and life expectancies coupled with some of the richest billionaires. I don't see how that's inclusive? There is very little public infrastructure. Whereas the rich and the poor both use trains and roads in China, in India, flying (a primarily rich man's transportation method in developing countries) is the chosen way of travel. Consumption based economy =/= inclusive. The rich consume ALOT more than the poor, after all, who must save and invest their wealth.

You have it all backwards. Benefits of India's growth flow primarily to the ultra rich, trickle down to the middle class, and nothing changes for the lower class. That is why the proportion of Indians in absolute poverty is changing extremely slowly.

Then why is gini quotient of China 0.5 and that of India is 0.3?
And thanks to tell an Indian how India is sitting in China.

Talk in technical terms rather than rhetoric.

 

[HariPrasad]

Can Uganda become the next China?

Deleted

 

[WAR-rior]

Westerners and Indians used to believe that India would achieve a sustained average double-digit growth rate... simply because China did it for three decades.

They assumed that all you needed was a population over a billion.

Now, after struggling for years and only achieving a 4-5% growth rate, many Westerners and Indians have realized that India is nothing like China.

There is nothing in India that would allow them to sustain an average double-digit growth rate for several decades.

It has only ever happened in China, in all of recorded human history. This was due to some very specific internal conditions in China, and a world ripe with demand for manufactured goods bought on cheap credit and debt.

None of those conditions exist for India. Now the market is flooded with competition, and India's own manufacturing sector is shrinking, due to the inability to compete with countries that have spent decades building up their national manufacturing bases. Like the countries of Southeast Asia.

Relax Einstein. Ur constipated effort to rhetoric won't change future realities. Demographic dividend will play its role. Its not our problem if u have comprehension issue with facts outside a communist nation. Things work different here and u assume that things don't work here at all. Genius.
In democracy, a lot works in coalition with opposition parties. China is oblivious to it. Hence, a lot changes as per the leadership. Past 3 years we had a govt dipped in corruption. And then u assume, India common man is inferior.
Now, tell me. Why is China infusing low growth in name of structural changes? Its because, u guyz have exploited ur resources so much that it screed ur environment. Trust me. India will never have to selfinfuse slowdown. That's da difference. Our growth is sustainable and inclusive.

 

[Gunsnroses]

Mahan India needs to deal with this first

 

[Chinese-Dragon]

Relax Einstein. Ur constipated effort to rhetoric won't change future realities. Demographic dividend will play its role. Its not our problem if u have comprehension issue with facts outside a communist nation. Things work different here and u assume that things don't work here at all. Genius.
In democracy, a lot works in coalition with opposition parties. China is oblivious to it. Hence, a lot changes as per the leadership. Past 3 years we had a govt dipped in corruption. And then u assume, India common man is inferior.
Now, tell me. Why is China infusing low growth in name of structural changes? Its because, u guyz have exploited ur resources so much that it screed ur environment. Trust me. India will never have to selfinfuse slowdown. That's da difference. Our growth is sustainable and inclusive.

Yep your growth is super inclusive.

More poor than the continent of Africa. Over half of the population practicing open defecation, highest number of children going through malnutrition, a life expectancy well below the global average....

Hell man, even North Korea has a life expectancy above the global average, and a far lower maternal mortality rate than India, and far higher literacy rates too. And North Korea is the definition of failed, yet they score so much higher than you in terms of social development indicators.

 

[duhastmish]

Yep your growth is super inclusive.

More poor than the continent of Africa. Over half of the population practicing open defecation, highest number of children going through malnutrition, a life expectancy well below the global average....

Hell man, even North Korea has a life expectancy above the global average, and a far lower maternal mortality rate than India, and far higher literacy rates too. And North Korea is the definition of failed, yet they score so much higher than you in terms of social development indicators.

You live under demonic rulership. You do as per you are orderd like a parrot in cage with gold ring around neck.

If you do bamboo to citizen you can do whatever you wish. Remember Egypt. The gods and king them pharos.

india is democracy people live with freedom. You know they can do most things they wish.

Don't compare zoo animals to tiger in forest.

 

[HariPrasad]

Yep your growth is super inclusive.

More poor than the continent of Africa. Over half of the population practicing open defecation, highest number of children going through malnutrition, a life expectancy well below the global average....

.

We can nullify poverty by adopting 0.24 USD criteria like your country has done. However we follow 1.25 USD in PPP as the criterion as laid down as per international standard.

We can increase our GDP manyfold like this.

Local governments inflated China’s GDP by $900 billion last year

Since china is very ahead of us, We shall slowly learn these techniques from the Grate china and soon double the size of our economy by the techniques we learned from china.

 

[Chinese-Dragon]

Since china is very ahead of us, We shall slowly learn these techniques from the Grate china and soon double the size of our economy by the techniques we learned from china.

You mean like 4-5% growth, the Indian rate of growth?

Take out a calculator and see how many decades it would take for a country at 1.8 trillion growing at 4-5% growth rate would eventually reach 10.4 trillion (China's GDP in 2014).

How many decades? It's a lot more than you think.

 

[HariPrasad]

You mean like 4-5% growth, the Indian rate of growth?

Take out a calculator and see how many decades it would take for a country at 1.8 trillion growing at 4-5% growth rate would eventually reach 10.4 trillion (China's GDP in 2014).

How many decades? It's a lot more than you think.

Since you are a poor reader and a man of comprehension problem, I urge you to go through my post once again. I have quoted chine technique to grow rapidly.

I also urge you to boost your knowledge from some reliable source. If you do that, you will come to know that Indian growth rate was never 4 to 5 % in last so many years.

 

[Chinese-Dragon]

Since you are a poor reader and a man of comprehension problem, I urge you to go through my post once again. I have quoted chine technique to grow rapidly.

I also urge you to boost your knowledge from some reliable source. If you do that, you will come to know that Indian growth rate was never 4 to 5 % in last so many years.

LOL, read it:

Indian Government revises down FY-13 GDP growth to 4.5% YoY - Economic Times