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India may be working on a third stealth fighter project

900 million = 0.9 Billion.
In a population of 1.21 Billion 0.9 billion = 74.4% according to you earn less that Rs 20 per day.
INR (Indian Rupie) RS. 20 = 45 cents

So according to you 74.4% of India live under 45 cents a day


This is what the world bank is saying :


:cheers:

India - New Global Poverty Estimates

Ha ha, so this is you called eduction right? Did you care to read I said based on Indian population a round figure of 1100 million, 77% would be 847 million.

If you say the Indian population is 1.21 billion than 77% would be 931 million.

Secondly, the figures you quoted had a sang in it, it has turned it in to PPP based calculation, which is dishonesty. stick to the real figures and provide the proofs. Try again, show us real dollar figures.
 
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Haha Indian report on Indian fighter plane in an Indian media will be written by aN Indian. What do u expect by an Ugandan or ukranian?Are U that stupid to know it?

PAK-FA contribution from India has been discussed in the concerned thread. No use in spoon feeding a baby, since it hasnt got the ability to learn.
Its our money why should you bother on how we spend? You get itchings on what we spend then use itch guard all over.

If it was written by an Ukrainian it would have been truthful.:lol:
Yeah, like I said the Indian contribution "sacks full of money". :woot:
Your money, yeah yeah, few more billions increase in your foreign debt.:hitwall:

I will learn when you would be able to teach.:lol::lol:
Blame yourselves if you all are lousy teachers.:cheesy:
 
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Ha ha, so this is you called eduction right? Did you care to read I said based on Indian population a round figure of 1100 million, 77% would be 847 million.

If you say the Indian population is 1.21 billion than 77% would be 931 million.

Secondly, the figures you quoted had a sang in it, it has turned it in to PPP based calculation, which is dishonesty. stick to the real figures and provide the proofs. Try again, show us real dollar figures.

You have not just proved you are ignorant but disillusioned too. Can you not read ?

Fact :

In absolute terms and not in PPP, people living for less than Rs. 21.6 is 42% in 2005

and according to you 74.4% of India live under 45 cents (Rs 20) a day

Don't try and educate others when you dont have simple skills in reading comprehension.
 
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You have not just proved you are ignorant but disillusioned too. Can you not read ?

Fact :

In absolute terms and not in PPP, people living for less than Rs. 21.6 is 42% in 2005

and according to you 74.4% of India live under 45 cents a day

Don't try and educate others when you dont have simple skills in reading comprehension.

You know what, you are hopeless, I call people like you Muppet. Read the paragraph again, and stop making yourself a fool.

India Estimates: Similarly, estimates for India also indicate a continuing decline in poverty. The revised estimates suggest that the percentage of people living below $1.25 a day in 2005 (which, based on India’s PPP rate, works out to Rs 21.6 a day in urban areas and Rs 14.3 in rural areas in 2005 ) decreased from 60% in 1981 to 42% in 2005. Even at a dollar a day ( Rs 17.2 in urban areas and Rs 11.4 in rural areas in 2005 ) poverty declined from 42% to 24% over the same period.

Both the dollar a day and $1.25 measures indicate that India has made steady progress against poverty since the 1980s, with the poverty rate declining at a little under one percentage point per year. This means that the number of very poor people who lived below a dollar a day in 2005 has come down from 296 million in 1981 to 267 million in 2005.

However, the number of poor people living under $1.25 a day has increased from 421 million in 1981 to 456 million in 2005. This indicates that there are a large number of people living just above this line of deprivation (a dollar a day) and their numbers are not falling.

I suggest you get a life.
 
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You know what, you are hopeless, I call people like you Muppet. Read the paragraph again, and stop making yourself a fool.
I suggest you get a life.

Ha ha ... You have made a big idiot of yourself and it is for the world to see. I am sure you have zero background in Economics. What is written in the bracket is the converted amount in absolute terms. Indian rate per dollar is Rs 45.

You should do some reading. PPP has nothing to do with a local currency. It is required to represent a common currency such as a dollar. And only people with no understanding of PP can claim Rs. 21. 6 in the article is in PPP.
:rofl:
 
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Ha ha ... You have made a big idiot of yourself and it is for the world to see. I am sure you have zero background in Economics. What is written in the bracket is the converted amount in absolute terms. Indian rate per dollar is Rs 45.

You should do some reading. PPP has nothing to do with a local currency. It is required to represent a common currency such as a dollar. And only people with no understanding of PP can claim Rs. 21. 6 in the article is in PPP.
:rofl:

Whose is ignorant leave it to the readers. It seems you need lessons in English too apart from Economics.
 
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If it was written by an Ukrainian it would have been truthful.:lol:
Yeah, like I said the Indian contribution "sacks full of money". :woot:
Your money, yeah yeah, few more billions increase in your foreign debt.:hitwall:

I will learn when you would be able to teach.:lol::lol:
Blame yourselves if you all are lousy teachers.:cheesy:

:lol:
Do you know the amount of India's foreign debt?? Its around $295.8 billion.
Now,do you know the amout of India's total forex reserve ?? Its around $308 billion.

Dig this,India's forex reserve > India's foreign debt.

Now,none of these two are actually a marker for development or how prosperous a country is,but then the economic condition of the country certainly has an impact upon these two parameters.

Try this,search for the foreign debt and forex reserve of Pakistan,or US or even better,Luxembourg or Norway or Finland.You will be amazed to see what percentage of GDP the debt is...
 
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India Estimates: Similarly, estimates for India also indicate a continuing decline in poverty. The revised estimates suggest that the percentage of people living below $1.25 a day in 2005 (which, based on India’s PPP rate, works out to Rs 21.6 a day in urban areas and Rs 14.3 in rural areas in 2005 ) decreased from 60% in 1981 to 42% in 2005. Even at a dollar a day ( Rs 17.2 in urban areas and Rs 11.4 in rural areas in 2005 ) poverty declined from 42% to 24% over the same period.

Mr. Ramu, is ignorant I gave him that. But to insist on your stupidity is even worst than being ignorant.
The paragraph says very clearly that the figure of $1.25 is transfered in to the Rupees not based on the real value of the Rupees against the dollars, but using PPP value. If it was a straight conversion it wouldn't be different for the rural and urban areas.

But then foolish people who are good in boosting, can not make sense of their own quotations.:lol::lol:
 
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:lol:
Do you know the amount of India's foreign debt?? Its around $295.8 billion.
Now,do you know the amout of India's total forex reserve ?? Its around $308 billion.

Dig this,India's forex reserve > India's foreign debt.

Now,none of these two are actually a marker for development or how prosperous a country is,but then the economic condition of the country certainly has an impact upon these two parameters.

Try this,search for the foreign debt and forex reserve of Pakistan,or US or even better,Luxembourg or Norway or Finland.You will be amazed to see what percentage of GDP the debt is...

And your point is? I have already written in another post on another thread, the Indian foreign reserves have swollen because of their offering of cheap labor to the western countries. Majority of your forex reserves are based on the money transfered by the foreign companies for the wages of cheap , exploited telephone operators and office expenses for the premises they occupy in India. Majority of the new offices you see in India are the offices of the foreign companies, who off course not going to house their staff in dirty conditions prevailing in India. After all they have their own standards to maintain.

The actual wages off course are paid in Indian rupees.
 
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better to put this crankthatskunk guy in ignore list. he doesnot have any knowledge. he comes up without any proof and source. he simply trolls so better to get put him in our ignore list..
 
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And your point is? I have already written in another post on another thread, the Indian foreign reserves have swollen because of their offering of cheap labor to the western countries. Majority of your forex reserves are based on the money transfered by the foreign companies for the wages of cheap , exploited telephone operators and office expenses for the premises they occupy in India. Majority of the new offices you see in India are the offices of the foreign companies, who off course not going to house their staff in dirty conditions prevailing in India. After all they have their own standards to maintain.

The actual wages off course are paid in Indian rupees.

The point is to educate you about your preconceived notion about foreign debts and reserves.
You may have an entire different perspective of looking at things,but the one thing that economy is based upon is Competition, and that is absolute truth.There is no point in educating you about India's service sector,at least in this thread.Just get the idea,if India Inc. is drawing foreign contracts and gaining out of it,then it is the Indians who are getting benefited isnt it??Now it doesnt really matter how you look at it,because the money is flowing towards India and not other way around.
 
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The point is to educate you about your preconceived notion about foreign debts and reserves.
You may have an entire different perspective of looking at things,but the one thing that economy is based upon is Competition, and that is absolute truth.There is no point in educating you about India's service sector,at least in this thread.Just get the idea,if India Inc. is drawing foreign contracts and gaining out of it,then it is the Indians who are getting benefited isnt it??Now it doesnt really matter how you look at it,because the money is flowing towards India and not other way around.

And?????? Let me tell you, I work in the IT, therefore, I am in contact with the Indians on daily basis. There is nothing possibly you could tell me about your service sector.

Secondly, my telephone company's call center is in India, manage by an IT giant I have worked for in the past. My Gas supplier's call center is in India.

What people think of your Indian cheap service sector? For example a bank in the UK have their TV ad based on one simple incentive, local call centres, rather than having phony Indians on the phone.

Please don't try to teach me about your service sector. Asked general people of UK, USA about your call centers and their services, you will get a very good idea, how fad up people are from your cheap service sector.

We all also know why Multinational companies have chosen India, because they can hire anything 5 to 10 people in the same amount of money they pay to one staff in the UK and USA.

Ever heard of exploitation?
 
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Haha Indian report on Indian fighter plane in an Indian media will be written by aN Indian. What do u expect by an Ugandan or ukranian?Are U that stupid to know it?

Guys like him dont accept foriegn authors or publications(for e.g in 1965 war).. they accept authors from dawn and other Pakistan's press
 
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