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India has almost wiped out extreme poverty: International Monetary Fund

I could be wrong but not completely.

Not everyone buys capital goods on loans only. People have enough disposable income now to think beyond basics of life.

How many Indians don't have to struggle to put their children through education ( look at the medical students who went to Ukraine because it was much cheaper there ) or to avail of healthcare or get housing ? My brother bought a car some years ago ( not my decision ) but my family still has to pay taxes for electricity, water, house and even road, LOL. Tax for water ? Tax for electricity ? These items are basic human rights. And not only is the Indian government not providing house for free it is extorting tax for it too. And road tax for the ridiculous, chaotic and dangerous Indian roads ? What a joke ! Is the Indian government a feudal or a monarch ? The electricity bill for my house comes to about 2500 per month and I don't even have money to buy clothes regularly let alone to start the company I so dearly wish. And if I get into a job, which I don't want to, then I won't be able to start the company including because I won't be able to generate on my own the 17 or 18 lakhs needed to fund the machinery and the engineers. Hard choices, yes ?

People are able to get aspirational now. Which was not so just 2 decades back.

Yet they had to mortgage their houses to fund COVID treatment of their family members so recently. :)

Even if private banks are doling out largesse would have a limit.

Private banks, even the so-called nationalized banks but which operate on interest-basis, just want profit off the monthly interest coming in for years and the bank's status in the stock market. These banks will lend whether for a car or for a 300-guest wedding ceremony or for a dog-friendly restaurant. And if a loan taker is unable to repay the bank will send in goons and lawyers and confiscate the properties or drive the loan taker to suicide by not lending to them when desperately needed :
MUMBAI | NEW DELHI: The wife of a Kingfisher Airlines staff committed suicide citing non-payment of salaries, bringing home to urban India's cloistered living rooms the brutal realities of a life without income usually experienced by residents in drought-stricken Vidarbha or the parched badlands of Kalahandi.

Sushmita Chakraborty, the 45-year-old wife of Manas Chakraborty, died by her own hands on Thursday at her home in Dwarka in Delhi, police said. She left behind a note that spoke of financial distress caused by non-payment of salaries to her husband, a technician in the airline.

"She has written that her husband has not got salary for the past five months and so she was unable to cope up with the situation," said AK Ojha, additional commissioner of police (south-west), Delhi.

Kingfisher Airlines is owned by one of India's flamboyant and super-rich industrialists, Vijay Mallya. The airline industry is regulated by the Director-General of Civil Aviation (DGCA), which has taken no action in the past one year as Kingfisher imploded, owing salaries to employees and money to lenders.

Aviation experts have been scathing in their criticism of Mallya and about the way the issue has been handled by the government.

"The government's hands seem to be tied due to the political clout of the promoter. But definitely, not being paid for seven months is a safety issue as the mind of the pilot or an engineer is not at work, and in aviation a split-second delay can cause loss of life. What kind of an argument is the CEO putting forth for his employees to accept? If he does not have the money to run the airline and pay salaries, his licence should be cancelled and he has no right to fly the airline," aviation expert Mohan Ranganathan said.

The suicide followed an ugly day of incidents on Wednesday with the airline employees angrily refusing to believe CEO Sanjay Aggarwal's assertions about quick payment, forcing him to walk out. On Thursday, employees held a candle light march to the Kingfisher head office near Mumbai's Santa Cruz airport. In a late night statement, the airline said it had extended the shutdown till October 12 after failing to reach an agreement with agitating employees.

"Emotions are running high now and the management has blood on their hands. They were trying to brush the suicide under the carpet since morning," said Vikrant Patkar, a KFA pilot.

"It is now our only demand that Mallya should come down and speak with employees on critical matters," Patkar added.

A 20-something flight engineer, who earns barely Rs 12,000 a month, has been kicked out of his house thrice in seven months for not paying rent. "I have sent my wife back home to Kolkata since I couldn't manage with no income and ever-growing dues," the engineer said.

Then there is the case of a captain who is struggling to raise EMIs, school fees and other expenses. "I have broken every fixed deposit and emptied all my savings," said the captain. "We don't want March salary we want our dues for the past seven months." While Mallya seems to have time for cricket, racing and even to send in his yacht, he's yet to pay his condolences for this incident, he alleges.

The employees ET spoke to also alleged there were colleagues who were literally homeless and spent their work nights at the Mumbai airport or in neighbouring cargo holds. "There is little hope for many of them," one employee said.

The distrust of Mallya spreads across the rank and file of Kingfisher. Another senior flight engineer complained that employees have become persona non grata with banks, as they seek loans to survive. "No one wants to touch us with seven months of inactivity in our salary accounts," he rued.

With bank loans coming to a halt, employees are reliant on an informal network of fellow colleagues, friends and family to piece together a few thousand rupees.

Many employees believe the regulator's sympathies lie more with Mallya and his debt-laden carrier as it gave the airline more time to submit a recovery plan. The civil aviation ministry, meanwhile, tried to wash its hands of the company's labour troubles. Mallya has not responded so far, but Civil Aviation Minister Ajit Singh expressed condolences. Singh, however, defended the DGCA and his ministry's role in tackling the crisis.

"The government has to go by the rules and we have to see what is in employees' interest. In Maruti also, when the management declared a lockout, the government did not take away its licence as it goes against workers' interests. Since it is a lockout here, we have asked the DGCA to see legally how far we can intervene.
India has always been a land of disparity and extreme Capitalism. A mess on every level.

These are my general observations. If someone does a doctoral study then he might have an in-depth observation and understanding This is a complex subject and as I said in my previous post, an observers view could be influenced by various factors.

We as humans don't need to do an artificial doctoral study to understand political and socio-economic disparities in society. I as a Communist am telling you that. Even you a non-Communist can understand this. There was a thread some days ago about the issue of homelessness in USA. There are so many homeless there. Do we need a doctoral study to state that the idiotic American government has spent 700+ billion dollars as the military budget for just 2020-21 for its imperialist, invasions-oriented, criminal military when instead the government should have spent the same human, material and financial resources to build high-quality neighborhoods for the homeless until not a single person was homeless in USA. From Hazrat Isa to Hazrat Muhammad to Marx to Lenin to Gaddafi, these people did not go to some special university to understand the disparities in their society and the world. They were simply more intelligent and empathetic than others and spent time thinking of solutions and had the leadership skills. All these new degrees in India in "social work" other than the rest of the idiotic degrees we have, the entire unscientific and useless education system we have, they should be abolished and the system remade.

A sense of sadness does dawn on me from time to time. Are we heading in the right direction?

Your sadness is valid as we are definitely not heading in the right direction. For some decades after 1947 there were two or three good things but we have lost those. For example we had the subsidized food system ( "Ration" ) for decades available to all until in the 1990s or was it later, it was abolished. Man, there are many other things in India to be abolished, not this. In fact, basic food items like wheat, eggs, milk, sugar, rice, some chillis etc should have been free instead of being subsidized. Now it is available only to the "poor" and is subject to nefarious use by crooks like the BJP for election propaganda ( giving out food and cooking oil bags pasted with photos of Mor Baba and The Mahant Who Sleeps Only For Four Hours ). In pre-invasion Iraq ( before 2003 ) despite the 12 years of illegal Western sanctions the public food distribution system worked for all citizens because the country had a Socialist system which India only sniffed at but did not implement in entirety.
 
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Oh, good. Sounds like your British bits have caught up, and we needn't worry about drivel happening for some time.
Says a street defecator who defecates through his rear and his mouth a talent unique to your kind
 
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I thought you wanted to exit the forum and were requesting the admins to delete all your posts.
So you’ve been stalking me? Good to know
And it’s between me and the admins what’s your issue?
 
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Don't flatter yourself. Even though you are my opponent ( and that of the rational humanity ) I saw your conversation because usually I cast a glance at the latest profile posts.
Yeah a likely story
And if defending Islam makes me an enemy of “rational” humanity then so be it I’d happily accept that label rather than be a non Muslim murtad pretending to be a Muslim
 
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Says a street defecator who defecates through his rear and his mouth a talent unique to your kind
:rofl:

So you’ve been stalking me? Good to know
And it’s between me and the admins what’s your issue?
Yeah, right.

@jamahir, you are not to pay attention to his whingeing that he wants to get off. Over here, he's a curly wolf.

@Joe Shearer is certainly not a mindless and jingoist Hindutvadi religio-nationalist you are trying to frame him as. He speaks sense that you regularly don't. :)
He's dense. Only worth playing with when you have nothing else to do.
 
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Get your Supreme Leader IMF to get into those slums then and know of the Indian middle class poverty and let them see the reality of India. You live in India, the IMF doesn't, yet you are denying the reality just to fulfill your quota of Hindutvadi propaganda. You are being dishonest. Forget the quack psychiatrists and simply wake up and join a progressive movement like the Communists. I gave you my own father's case in post# 34 yet you come up with idiocy ?

You are such an idiot that you think that you can defy the outcome of a huge study by world's premier institution by giving a counter example of single incident. I am trying hard to make you understand this but a communist in you prent you to understand this simple explanation.
 
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You are such an idiot that you think that you can defy the outcome of a huge study by world's premier institution by giving a counter example of single incident. I am trying hard to make you understand this but a communist in you prent you to understand this simple explanation.

One of the "economists" in that report, Surjit Bhalla :
Between 1978 and 1992, he worked at World Bank for multiple spans, as Chief Investment Officer and Senior Economist.[5] From 1992 to 1994, he served as the Vice President of Goldman Sachs, before being hired as the Director of Deutsche Bank, where he continued till 1996.
He is a Capitalist crook in service of the American / Western Capitalist imperialists. Further :
He was appointed as a member of the newly formed Economic Advisory Council to the second Modi ministry,[2] from where he resigned in December, 2018.
That and if you check his tweets he is a Hindutvadi crook.

Another of these "eminent economists" from the report, Arvind Virmani is again a Modi man, LOL :

The third and last of these three "eminent economists" is also a Modi man, :rofl: :
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Now I know why these three crooks in the IMF are doing salutations to the "poverty alleviating achievements" of our Dear Leader Modi. Now I know why you are doing salutations to these three crooks and the IMF, LOL. @Joe Shearer @Bilal9 @Goenitz

All the years of Capitalist "studies" these three "eminences" have done yet they haven't been able to devise a single revolutionary socio-economic system for India and humanity. And I a Communist, because I am a simple-thinking, rational and empathetic Communist, have been able to do so.

Lastly, the example I gave of my father is replicated so many times in India. Here is an example from the Ketto crowdfunding website. Unlike my family these deprived people don't have medical insurance. So it's either crowdfunded treatment or death. Dear Leader won't be bothered, he is keenly looking forward to move to his under-construction PM palace :
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Indis has produced a lots of food including, eheat, rice, ftuits,milk etc. Last year, India exported 50 bn agriculture iteams including half of world's rice export. India is flooding with food, fruits, milk etc. of very jigh quality.

Indians nowadays has lots of quality food to eat. As a result the average height of Indian teenagers boys and girls have risen by 5 cm and average weight has also increased by 5 kg to 65 kg.
 
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