India to spend USD 130 billion to modernise forces

[graphican]

India has close to 550 Billion foreign debt and their economy is sliding down by the day with no recovery in view. In the near future, Indians will find it hard to maintain their current spendings on defense.

https://www.business-standard.com/a...o-543-bn-at-march-end-rbi-119062801405_1.html

 

[war&peace]

Them indians.
"Pay to win" all the way.
But money can't buy skill nor the will.

It is more like propaganda. They are good only at spreading BS and propaganda while they took more than a decade to order 36 rafales while their economy was doing good but now there's no gas in this balloon and the world is realising that how baniya has been fooling them with fake figures...

 

[Protest_again]

Indian economy is a serious concern. And Pakistanis have every right to criticise us given how good their economy is these days. Automobile sales of Pakistan are highest in the world.

 

[Smarana Mitra]

It is more like propaganda.they are strong only on BS and propaganda while they took more than a decade to order 36 rafales while their economy was doing good but now there's no gas in this balloon and the world is realising that how baniya has been fooling them with fake figures...

India is still growing at over 5% a year. This is in no way poor growth. In fact, this time, the growth is more focused and hence appears to be slowing where in reality it is just a shift. Nevertheless, even 5% growth is quite high in the world

Secondly, spending $20 billion a year for arms is not a big deal. India is already spending $60 billion for defence annually

 

[war&peace]

India is still growing at over 5% a year. This is in no way poor growth. In fact, this time, the growth is more focused and hence appears to be slowing where in reality it is just a shift. Nevertheless, even 5% growth is quite high in the world

Secondly, spending $20 billion a year for arms is not a big deal. India is already spending $60 billion for defence annually

No one believe your fudged figures even 5 is false and it barely sustains you as your population is growing as well and you have the worlds largest population living below the poverty line so 5% growth is not sufficient. And the situation is even worse and investors lost around 150 billion USD which is incredible and it was shared by your own media INR 12000 crores

 

[Smarana Mitra]

No one believe your fudged figures even 5 is false and it barely sustains you as your population is growing as well and you have the worlds largest population living below the poverty line so 5% growth is not sufficient

Do you know that subsidy is subtracted while measuring GDP? India just provided 8 crore LPG cylinder connection, each if which gets Rs 1800 subsidy a year. This means $2.5billion subsidy. If this subsidy is subtracted, GDP reduces by 0.1%. Similarly, many other subsidy reduces GDP growth, though it increases poor people's standard of living. As a result, India has now less than 5% people living below poverty line but GDP growth not showing too fast a growth.

Figures being fudged is simply a joke.

 

[Protest_again]

No one believe your fudged figures even 5 is false and it barely sustains you as your population is growing as well and you have the worlds largest population living below the poverty line so 5% growth is not sufficient. And the situation is even worse and investors lost around 150 billion USD which is incredible and it was shared by your own media INR 12000 crores

How is 12000 crores equal 150 billion?

 

[war&peace]

How is 12000 crores equal 150 billion?

I messed up with INR figures but it was reported here on PDF and your Indian members told it equalled USD 150 billion.. need to find that thread

 

[danger007]

Their economy is in ICU. The beggars can't keep feed their 600 million, 41% reduction in the auto sector alone.

and your economy??? lolz

 

[Alpha BeeTee]

and your economy??? lolz

Dude, it's fair that Pakistani economy can't be compared to yours atm BUT you do have more jobless, skill less, homeless and below poverty line folks than many Pakistans combined.

 

[war&peace]

and your economy??? lolz

Thread is about India

 

[Krptonite]

iNDIans

Morning Yoga in India in 2019

And people go to Indian resturant to eat filthy creatures

You immediately thought about toilets the moment you read about Indian defence acquisition..... that's an interesting connection mate.

 

[prashantazazel]

what where all the previous super duper major upgrades??? gutts & courage are neither bought nor upgraded to, one has to be born with it!

Talk is cheap.

 

[danger007]

Thread is about India

Still you are in no position to make joke on someone's Economy..

 

[war&peace]

Still you are in no position to make joke on someone's Economy..

pls don't derail the thread.