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India: Singapore Government Wealth Fund Temasek to invest $10 billion more in India - HC Wong

There's always been a huge gap between the news and the reality when it comes to investments in India.



Foreign investment inflows (FDI) into India may be drying up even faster in 2023-24 than in 2022-23, when net FDI inflows declined 27% to a mere $28 billion. It was the biggest decline in a decade. Many global analysts have expressed concern over the unprecedented decline in net FDI inflows in 2022-23. Now, it seems that 2023-24 could be a bigger cause for worry.
Despite your persistent claims that the quality of life for an average individual in India is inferior to that of their Pakistani counterpart, the most important factors contradict this narrative. For instance, how do we explain the higher average life expectancy and lower rates of infant and maternal mortality in India? If we were to accept your assertion that Pakistan provides better access to nutrition and healthcare, one would expect them to have longer life spans and lower rates of infant and maternal mortality.
 
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Despite your persistent claims that the quality of life for an average individual in India is inferior to that of their Pakistani counterpart, the most important factors contradict this narrative. For instance, how do we explain the higher average life expectancy and lower rates of infant and maternal mortality in India? If we were to accept your assertion that Pakistan provides better access to nutrition and healthcare, one would expect them to have longer life spans and lower rates of infant and maternal mortality.


None of India's data is reliable. Anyone visiting both in India and Pakistan can see a huge difference in quality of life between the two countries.



Famous Indian writer and poet Javed Akhtar told his audience at a conference in Mumbai that he saw "no visible poverty" in Lahore during his multiple visits to Pakistan over the last three decades. Responding to Indian novelist Chetan Bhagat's query about Pakistan's economic crisis at ABP's "Ideas of India Summit 2023" in Mumbai, Akhtar said: "Unlike what you see in Delhi and Mumbai, I did not see any visible poverty in Lahore". This was Akhtar's first interview upon his return to India after attending "Faiz Festival" in Lahore, Pakistan.

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Postponing India’s census is terrible for the country
But it may suit Narendra Modi just fine

https://www.economist.com/asia/2023/01/05/postponing-indias-census-is-terrible-for-the-country


Narendra Modi often overstates his achievements. For example, the Hindu-nationalist prime minister’s claim that all Indian villages have been electrified on his watch glosses over the definition: only public buildings and 10% of households need a connection for the village to count as such. And three years after Mr Modi declared India “open-defecation free”, millions of villagers are still purging al fresco. An absence of up-to-date census information makes it harder to check such inflated claims. It is also a disaster for the vast array of policymaking reliant on solid population and development data.

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Three years ago India’s government was scheduled to pose its citizens a long list of basic but important questions. How many people live in your house? What is it made of? Do you have a toilet? A car? An internet connection? The answers would refresh data from the country’s previous census in 2011, which, given India’s rapid development, were wildly out of date. Because of India’s covid-19 lockdown, however, the questions were never asked.

Almost three years later, and though India has officially left the pandemic behind, there has been no attempt to reschedule the decennial census. It may not happen until after parliamentary elections in 2024, or at all. Opposition politicians and development experts smell a rat.

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For a while policymakers can tide themselves over with estimates, but eventually these need to be corrected with accurate numbers. “Right now we’re relying on data from the 2011 census, but we know our results will be off by a lot because things have changed so much since then,” says Pronab Sen, a former chairman of the National Statistical Commission who works on the household-consumption survey. And bad data lead to bad policy. A study in 2020 estimated that some 100m people may have missed out on food aid to which they were entitled because the distribution system uses decade-old numbers.

Similarly, it is important to know how many children live in an area before building schools and hiring teachers. The educational misfiring caused by the absence of such knowledge is particularly acute in fast-growing cities such as Delhi or Bangalore, says Narayanan Unni, who is advising the government on the census. “We basically don’t know how many people live in these places now, so proper planning for public services is really hard.”

The home ministry, which is in charge of the census, continues to blame its postponement on the pandemic, most recently in response to a parliamentary question on December 13th. It said the delay would continue “until further orders”, giving no time-frame for a resumption of data-gathering. Many statisticians and social scientists are mystified by this explanation: it is over a year since India resumed holding elections and other big political events.
 
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None of India's data is reliable. Anyone visiting both in India and Pakistan can see a huge difference in quality of life between the two countries.



Famous Indian writer and poet Javed Akhtar told his audience at a conference in Mumbai that he saw "no visible poverty" in Lahore during his multiple visits to Pakistan over the last three decades. Responding to Indian novelist Chetan Bhagat's query about Pakistan's economic crisis at ABP's "Ideas of India Summit 2023" in Mumbai, Akhtar said: "Unlike what you see in Delhi and Mumbai, I did not see any visible poverty in Lahore". This was Akhtar's first interview upon his return to India after attending "Faiz Festival" in Lahore, Pakistan.

-------------------

Postponing India’s census is terrible for the country
But it may suit Narendra Modi just fine

https://www.economist.com/asia/2023/01/05/postponing-indias-census-is-terrible-for-the-country


Narendra Modi often overstates his achievements. For example, the Hindu-nationalist prime minister’s claim that all Indian villages have been electrified on his watch glosses over the definition: only public buildings and 10% of households need a connection for the village to count as such. And three years after Mr Modi declared India “open-defecation free”, millions of villagers are still purging al fresco. An absence of up-to-date census information makes it harder to check such inflated claims. It is also a disaster for the vast array of policymaking reliant on solid population and development data.

----------

Three years ago India’s government was scheduled to pose its citizens a long list of basic but important questions. How many people live in your house? What is it made of? Do you have a toilet? A car? An internet connection? The answers would refresh data from the country’s previous census in 2011, which, given India’s rapid development, were wildly out of date. Because of India’s covid-19 lockdown, however, the questions were never asked.

Almost three years later, and though India has officially left the pandemic behind, there has been no attempt to reschedule the decennial census. It may not happen until after parliamentary elections in 2024, or at all. Opposition politicians and development experts smell a rat.

----------

For a while policymakers can tide themselves over with estimates, but eventually these need to be corrected with accurate numbers. “Right now we’re relying on data from the 2011 census, but we know our results will be off by a lot because things have changed so much since then,” says Pronab Sen, a former chairman of the National Statistical Commission who works on the household-consumption survey. And bad data lead to bad policy. A study in 2020 estimated that some 100m people may have missed out on food aid to which they were entitled because the distribution system uses decade-old numbers.

Similarly, it is important to know how many children live in an area before building schools and hiring teachers. The educational misfiring caused by the absence of such knowledge is particularly acute in fast-growing cities such as Delhi or Bangalore, says Narayanan Unni, who is advising the government on the census. “We basically don’t know how many people live in these places now, so proper planning for public services is really hard.”

The home ministry, which is in charge of the census, continues to blame its postponement on the pandemic, most recently in response to a parliamentary question on December 13th. It said the delay would continue “until further orders”, giving no time-frame for a resumption of data-gathering. Many statisticians and social scientists are mystified by this explanation: it is over a year since India resumed holding elections and other big political events.
Is India also falsifying its air passenger traffic data? Take note of the remarkably vast disparity between the Islamic Republic of Pakistan and the Hindu-majority secular nation of India, with the difference being nineteenfold.
 
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Is India also falsifying its air passenger traffic data? Take note of the remarkably vast disparity between the Islamic Republic of Pakistan and the Hindu-majority secular nation of India, with the difference being nineteenfold.


Pakistan's international passenger traffic was 11 million and domestic was 6 million in 2021-22:


India's was 22 million international and 166 million domestic in 2022.

https://www.statista.com/statistics/588028/passengers-boarded-by-type-by-indian-air-carriers/

High domestic air traffic depends on two factors: territorial size (distances) of the country and the quality of its land transportation infrastructure. Both these factors cause Indian domestic air traffic to be higher than Pakistan's
 
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Pakistan's international passenger traffic was 11 million and domestic was 6 million in 2021-22:


India's was 22 million international and 166 million domestic in 2022.

https://www.statista.com/statistics/588028/passengers-boarded-by-type-by-indian-air-carriers/

High domestic air traffic depends on two factors: territorial size (distances) of the country and the quality of its land transportation infrastructure. Both these factors cause Indian domestic air traffic to be higher than Pakistan's
India has better road transportation and rail transportation than Pakistan.
 
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India has better road transportation and rail transportation than Pakistan.

That's what Modi government wants you to believe.

What they don't want to acknowledge is that the Indian railway has the worst safety record in the world.

India's roads are among the deadliest in the world.

 
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Pakistan's international passenger traffic was 11 million and domestic was 6 million in 2021-22:


India's was 22 million international and 166 million domestic in 2022.

https://www.statista.com/statistics/588028/passengers-boarded-by-type-by-indian-air-carriers/

High domestic air traffic depends on two factors: territorial size (distances) of the country and the quality of its land transportation infrastructure. Both these factors cause Indian domestic air traffic to be higher than Pakistan's
Do you truly believe that the road and rail infrastructure in Pakistan surpasses that of India? Pakistan lacks any noteworthy railway infrastructure, whereas India boasts premium trains operating extensively throughout the country.
 
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Temasek seeks partnerships to deploy $5 billion a year in India​




Means $30 to $35 billion or more investments in India by 2030 by Temasek
 
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