India’s Economy 16.5 Years Behind China’s: Bernstein Research Report

[pizzaaddict]

 

India is behind China by 21 years in patent, 20 years in FDI, 19 years in forex reserves, and 17 years in exports. On nominal GDP and per capita income, India is 15 years behind. In consumption expenditure, it is 13 years behind.

https://m.thewire.in/article/economy/indias-economy-16-5-years-behind-chinas-bernstein-research-report

 

[pizzaaddict]

Goosebumps to @Telugodura456 

[Android_Halwa]

I think China states two decades ahead of us and they had a head start and the 2008 crisis was a blessing in disguise for them. India is catching up, slowly but steadily…What they did in 30 years, we will achieve in 50 years.

[Ara_Tenkai]

CORRESTE KADA SIRRR!!

[Thokkalee]

I they are modest with these numbers.. it takes way too longer to get to where China is now… political will is also absent in India.. 

[Telugodura456]

In another 5 years - india will be 26 years behind

[hyperbole]

Charlie Munger says why India cannot be another China or Singapore, can’t help it but agree to what he said

https://x.com/mylordbebo/status/1698600219825332623?s=61&t=Vmqh9neX_FIGq2W1J-t57A

[Guest]

India should follow Singapore model of Governance. Current system is not working. In addition, the Government has to do away with Affirmative Action in phases(No first world country probably has Affirmative action for Majority of the population). Cap on freebies. Term limits for politicians. Minimum qualification to run for public office. Remove voting rights for illiterates. They shouldn't decide lives of our kids & grandkids. 

[halwa_fan]

chinas numbers are inflated.. they might have had good growth, but it is overstated.. 

[anna_gari_maata]

k

[Marsmangalodu]

58 minutes ago, rushmore said:

India should follow Singapore model of Governance. Current system is not working. In addition, the Government has to do away with Affirmative Action in phases(No first world country probably has Affirmative action for Majority of the population). Cap on freebies. Term limits for politicians. Minimum qualification to run for public office. Remove voting rights for illiterates. They shouldn't decide lives of our kids & grandkids. 

appudu ee DB lo 90% mandiki voting rights potai

[Ryzen_renoir]

1 hour ago, hyperbole said:

Charlie Munger says why India cannot be another China or Singapore, can’t help it but agree to what he said

https://x.com/mylordbebo/status/1698600219825332623?s=61&t=Vmqh9neX_FIGq2W1J-t57A

Spot on , what he said about india inheriting the worst of western democracy and  tribal style society is spot on 

All governments after PVNR have only done basic reforms , even modi (did solve some geopolitical issues like Bangladesh border , 370) he has not done anything in regards to police , judiciary , urban governance , military development , etc 

 

[Ryzen_renoir]

1 hour ago, rushmore said:

India should follow Singapore model of Governance. Current system is not working. In addition, the Government has to do away with Affirmative Action in phases(No first world country probably has Affirmative action for Majority of the population). Cap on freebies. Term limits for politicians. Minimum qualification to run for public office. Remove voting rights for illiterates. They shouldn't decide lives of our kids & grandkids. 

Impossible to implement anything you said. 

But it is possible to create hongkong type enclave with a modern constitution that doesn't have the worst of india 

But indian leadership doesn't have the will to do so 

[BabuDEVUDU]

5 hours ago, hyperbole said:

Charlie Munger says why India cannot be another China or Singapore, can’t help it but agree to what he said

https://x.com/mylordbebo/status/1698600219825332623?s=61&t=Vmqh9neX_FIGq2W1J-t57A

spot on

[pizzaaddict]

https://www.almendron.com/tribuna/will-india-surpass-china-to-become-the-next-superpower/

India enthusiasts celebrate the youthfulness of India’s population, but ignore the reality that this is a problem rather than an advantage when they are poorly educated or even illiterate. To accommodate them, India must produce an estimated 90 million new jobs before 2030.

 

Allison reminds us that China produces twice as many STEM-qualified (in science, technology, engineering and mathematics) graduates as India, spends almost three times the percentage of its GDP on research and development, and produces 65 per cent of the world’s artificial intelligence patents (vs India’s 3 per cent).

 

 

 

 

 

Columbia University’s Arvind Panagariya has similar projections, calculating recently in Time magazine that if India’s real GDP grew at 8 per cent a year into the 2040s and 5 per cent after that, and if the US continues to grow on average by 2 per cent a year, India would overtake the US in 2073.

 

These are big “ifs”, even for those brave enough to make forecasts a half-century away. And huge bodies of data point India towards a more humdrum trajectory. According to Allison in Foreign Policy, back in 2000, China and India had economies worth less than US$2 trillion each. It took China five years to pass the mark and India 14 years. Last year, India’s economy was worth US$3.4 trillion – a fraction of China’s US$18.3 trillion.