Look How Rich India's Become Under New Prime Minister Modi

[thesolar65]

You can expect anywhere between 10$-20$ SGD( per person) in food hawker enters in SG. Where is ur hotel in SG, let me suggest u a good hawker centre near ur place

I will definitely. My agent has sent the passports to Sing. and Malay cons. for visa and and after that he will tell the name of Hotel. Then I will tell you and also about the tickets that he has included for sight seeing.

 

[ito]

True but what you do with that bonanza is entirely up to you. The government has played it smart by holding back some of that bonanza & helping shore up its finances.

I agree on that...Modi certainly know how to govern and wield his control . There is no scams in last 10 months says lot about his control over the government.

 

[ashok321]

India is not a developed country, it has more poor people than all of Africa put together.

India is a newly Industrialized country or NIC - Which Pakistan is NOT.

Go and get some CNG man..

 

[ito]

Now blame it on luck...was it luck that Congress government was responsible for corruption where money in thousands of billions were looted.

BTW luck favours the brave

Yes...he wants to be remembered as a prime minister who delivered.

 

[protest]

And that is compared to its GDP. When a country puts up its loan application in the IMF/WB. The first thing the bank sees is percentage of its debt vis-a-vis its GDP.

Now let me quote your own (such) words.

You need to compare with GDP %

Now you are really trapped with no escape route.
And you are no Abhimanyu..Lol

Dude, UK's external debt is 11 trillion about 4 times its GDP. You have no idea how IMF works.

 

[Cyberian]

India racks up $36 billion of external debt in just one year.

India’s external debt at $426 billion in December - The Hindu
India's end-Dec external debt at $461.9 bn | Business Standard News

Averages out to $690 million a week in 2014.

 

[Established_1965]

And that is compared to its GDP. When a country puts up its loan application in the IMF/WB. The first thing the bank sees is percentage of its debt vis-a-vis its GDP.

Now let me quote your own (such) words.

You need to compare with GDP %

Now you are really trapped with no escape route.
And you are no Abhimanyu..Lol

ah!, I think you didn't understand it!

Let me explain it to you, India's external debt is about ~400 Billion USD which is about 22% of GDP. If you take SG we have an external debt of ~300 Billion which comes around 93% of our GDP. India will find it easier to pay back her loans than SG.

i said SG was nearing 1 trillion but it didn't .

 

[ito]

India is not a developed country, it has more poor people than all of Africa put together.

But India has twice the population of Africa. Hence on absolute numbers, India will have more poor. But if India can maintain 8% growth rate for next 5 to 6 years, the number of poor will come down by half.

 

[Established_1965]

And that is compared to its GDP. When a country puts up its loan application in the IMF/WB. The first thing the bank sees is percentage of its debt vis-a-vis its GDP.

Now let me quote your own (such) words.

You need to compare with GDP %

Now you are really trapped with no escape route.
And you are no Abhimanyu..Lol

btw what the heck is Abhimanyu??

 

[ashok321]

Dude, UK's external debt is 11 trillion about 3 times its GDP. You have no idea how IMF works.

Oh...So starting with false figures/data on Singapore (trillion debt) You switch your focus to UK whose currency is included in the IMF basket along with USD-Euro-Yen?

And do you know how much is UK's overseas investments of its own - Known as receivables?

Cretin is one who acts like one.

btw what the heck is Abhimanyu??

Certified Current affairs defunct = YOU.

 

[Established_1965]

I will definitely. My agent has sent the passports to Sing. and Malay cons. for visa and and after that he will tell the name of Hotel. Then I will tell you and also about the tickets that he has included for sight seeing.

Don't book ur hotel in Little India or geylang for god sake, it's too dirty and you won't like SG if u stay there

 

[Soulspeek]

This assumption is not fully correct. If a person needs 6000/- to survive, that dosent necessarily mean 6000x4=24,000/- INR to survive.

When you live as a family you cook and live together. That means shared house rent, money saved on food, toiletries etc etc.

In my opinion 15,000 to 18,000/- is the bare minimum to live as a family of 4 in metro.

Actually, I'm staying in Bangalore for past 9 month now and I happened to visit a homeless shelter in Bangalore and incharge of that shelter informed me that a person needs 6000 INR to survive in Bangalore. So a family of 4 could need 6000*4=24000 INR.

And yes, it includes small tv, cable connection, mobile phone well.

PS: I'm quoting what that person had informed me and he said it's bare minimum to "SURVIVE". Just basic shelter, food and clothing

 

[Established_1965]

Oh...So starting with false figures/data on Singapore (trillion debt) You switch your focus to UK whose currency is included in the IMF basket along with USD-Euro-Yen?

And do you know how much is UK's overseas investments of its own - Known as receivables?

Cretin is one who acts like one.



Certified Current affairs defunct = YOU.

Don't act like an immature d*** and have a meaningful conversation here.

 

[ashok321]

i said SG was nearing 1 trillion but it didn't .

Nearing?

It was not even half the value so how was it nearing?

Lol

@Established_1965

 

[ito]

India racks up $36 billion of external debt in just one year.

India’s external debt at $426 billion in December - The Hindu
India's end-Dec external debt at $461.9 bn | Business Standard News

Averages out to $690 million a week in 2014.

India's GDP in 1991 was 250 billion, now it is 2.1 trillion. Hence GDP grew 8 times
India's debt in 1991 was 85 billion, now it is 425 billion. Hence debt grew 5 times.

I would say it is a good sign.