Thats it....a few drone shots of flyovers, bus transit system and underpasses! what purpose did this video fulfil?
http://www.riazhaq.com/2016/12/indias-war-budget-to-be-worlds-3rd.html
In 2016, India surpassed Saudi Arabia and Russia to claim the 4th spot among the top five defense spenders globally for the first time, according to Jane's Defense. India, a country with 33% of the world's poor, is projected to surpass the United Kingdom to rise to the 3rd spot for defense spending by 2018.
Sources: FT/IHS Jane's (Defense Budgets) and World Bank (Poverty)
India's military spending has grown rapidly from $38.17 billion in 2010 to $50.7 billion in 2016. It is projected to rise further to $56.5 billion in 2018 and $64.07 billion in 2020, according to Jane's. For comparison, India's south Asian neighbor Pakistan's defense budget for 2016 is only $8 billion.
India's rapid rise to the list of world's top defense spenders stands in sharp contrast to the reality that it remains home to the world's largest population of poor, hungry and illiterate citizens. India also leads the world for lack of hygiene, disease burdens and open defecation.
Prime Minister Narendra Modi's rule has seen dramatic growth of wealth inequality in India. Top 1% of Indians now own 58.4% of India's wealth, up from 49% in 2014 when Mr. Modi was elected Prime Minister, according to Credit Suisse Global Wealth Report 2016.
Median wealth data compiled by Credit Suisse for 2016 shows that average Pakistani adult is 20% richer than an average Indian adult and the median wealth of a Pakistani adult is 120% higher than that of his or her Indian counterpart, according to Credit Suisse Wealth Report 2016. Average household wealth in Pakistan has grown 2.1% while it has declined 0.8% in India since the end of last year.
CS Wealth Report 2016 indicates that 50% of Pakistanis own more than $1,180 per adult which is 120% more than the $608 per adult owned by 50% of Indians.
The Credit-Suisse report says that the richest 1% of Indians own 58.4% of India's wealth, second only to Russia's at 74.5%. That makes India the 2nd biggest oligarchy in the world.
The CS wealth data, particularly the median wealth figures, clearly show that Pakistan has much lower levels of inequality than India.
Oxford Poverty and Human Development Initiative (OPHI)'s MPI, multi-dimensional poverty index, brings together 10 indicators, with equal weighting for education, health and living standards. In South Asia region, Afghanistan has the highest level of destitution at 38%, according to OPHI's MPI index. This is followed by India at 28.5%. Bangladesh (17.2%) and Pakistan (20.7%) have much lower levels.
Rapid growth in India's defense expenditures conveys Prime Minister Modi's priorities. It seems that he believes the way for India to achieve great power status is through building a massive military regardless of the deep deprivations of the Indian people.
Mr. Modi's massive military buildup poses a serious threat to its neighbors, particularly Pakistan, a much smaller country which was invaded and split in two by the Indian military in 1971. The Indian invasion resulted in the creation of Bangladesh.
Related Links:
Haq's Musings
Credit Suisse Global Wealth Report 2016
India Massive Military Buildup
Modi's Israel Envy
India Home to World's Largest Population of Poor, Hungry & Illiterates
India Leads the World in Open Defecation
MPI Captures Depth of Deprivation in India
http://www.riazhaq.com/2016/12/indias-war-budget-to-be-worlds-3rd.html
Where do you get these numbers? 33%According to World bank and government of India only 21% of the total population live below poverty line. That too a 2011 data. So poverty has increased
? BS
Talking about defense spending, we have two threats from Pakistan and China. There is no point in concentrating on poverty eradication when there is no country to be saved.
India spend about 1 Lakh crore rupees on Fertilizer subsidy alone.
Ever heard of Amritsar? anyway, highway length per capita of Pakistan is only a fraction of India's.
Ranked at 123 with around $6600.
Again, I can go for census issue, of nearly 40% population of Pak, so end of the story.
Ever heard of Amritsar? anyway, highway length per capita of Pakistan is only a fraction of India's.
Ranked at 123 with around $6600.
Again, I can go for census issue, of nearly 40% population of Pak, so end of the story.
My special thanks to Mr. @RiazHaq to quote an oversmart guy who uses 1-2 years old GDP per capita stats of India plus 2-3 years away in future (projected) of our African fellows.
Problem with only one side.
, you can't balance a country with 3/4th of economic output, 85-90% technical output and so military of your region. Sooner Pakistanis realize, better for them.) and starts taunting Indians over poverty like pot calling the cattle black; without the stats (for India only cuz they change too fast, they even have try to be oversmart and put "projections" as if we can't catch), without checking out the track record of social progress in last 25 years!
My special thanks to Mr. @RiazHaq to quote an oversmart guy who uses 1-2 years old GDP per capita stats of India plus 2-3 years away in future (projected) of our African fellows.
This masterpiece is going to be a good read for our Nigerian and Ghanaian friends on Indian Forums. Regards.
Problem with only one side.
Someone feels that India is disturbing the "balance of power" in "South Asia" (as if there was any
They got more fertile land, higher density of natural resources, already 92% higher GDP per capita (nearly double) with freedom, 30% of land against finalized 30% and much more. Look, where they stand now? Struggling to compare with a country, India which used to look like fourth world country in 70s.
They got more fertile land, higher density of natural resources, already 92% higher GDP per capita (nearly double) with freedom, 30% of land against finalized 30% and much more. Look, where they stand now? Struggling to compare with a country, India which used to look like fourth world country in 70s.
Since 90s, India's income growth has ranged from 1.5 to 3 times of Pak every year. India is further far more innovative nation (taking population into account) from USTPO to WIP.
Enough to justify a Democratic system over an Islamic republic ruled by army. Now, they'll quote me to call the Democracy fake and "Hindu terrorists" (a special kind of terrorists who neither hijack planes nor suicide bomb, still everything pointing out against them is terrorism). Will call about abolished inactive female fortification or Sati but won't even let actually going honour killings come in discussion.
Hehehehehehehe.... I'm not even going to bother pointing out your folly. Please learn how to read a graph/chart.
