Amol said:
wtf has US aid got to do with it ? The fact that we are receiving aid in the first case means we are a third world nation. Oh..I suppose it's just a lame US antic to cut our aid off patting our backs for no reason at all.
We have a GDP per capita of $350 something in terms of real GDP (not PPP), which is even worse than countries like Mongolia or most nations in Africa.
It's just one sector in the country that's booming and that's IT, and it's more or less because of the US that survive in that sector as well.
So you are saying we are *still* a 3rd world country (developing is the more apt term but whatever) instead of a transforming economy in spite of :
- close to dbl digit growth for the last 5 -10 yrs, and consequent reserves in the 100s of $billions.
- Robust growth in the real estate markets in most major cities in India in the last 10 yrs and all the knock down effects it creates.
- sucessively obtaining contracts to lauch satellites for foreign partners.
If the above coninued for say a decade more, and i cant see any reason for it not to, that
we might be the ones offering aid in the not so distant future.
Dunno, if you asked me, that does not sound like the
stagnant 3rd world India of yore
There seems to be some *change* going on isn't there ?
Comparing the GDP of Mongolia with a population of 2.5 million(!) to a 1 Billion plus country does not seem very pertinent to me.
Amol said:
We still have a pathetic colonial attitude of considering english speaking people as superior or considering english superior in the first case and just try to imitate west, no reason why we end up as the 2nd best, or actually even far worse than 2nd best.
Heh, if only this was true. Try getting workers that can actually speak english in the trades. It won't happen unless the govt. realises the value of teaching in an english medium, even in 2007(!) they still have not got this point yet. Ppl in the southern states got this point much earlier and consequently have seen more economic growth than the north. If that isn't proof of the fact that a good knowledge of English is vital in today's global economy then i dont know what is. That too with these states having thier own script and are hardly as homgeneous as the north is.
Nobody is saying you should forget your culture, most ppl in this country *will* speak their native tongue(s) at home regardless of what happens.
