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Topic: India as a developed country by 2047 (Read 434 times)

sr. member
Activity: 1722
Merit: 252
September 29, 2022, 04:06:35 AM
#55
In my opinion India has great potential to become a developed country in 25 years, of course this will change the map of world economic power so that it becomes more colorful, Europe has been lagging behind and facing economic recession so that India's opportunity to become a developed country can certainly be easily reached in 25 years.
member
Activity: 1050
Merit: 10
September 29, 2022, 12:36:49 AM
#48
I think it is natural that in 2047 or 25 years from now India will become a developed country, they are supported by many things to become a developed country, many students are studying in many European and American countries and the education budget will continue to be increased so it is appropriate that when they are 100 years independent they will become developed countries.
legendary
Activity: 896
Merit: 1020
September 28, 2022, 10:24:40 PM
#47
My opinion First with assumptions about the population. India's population is increasing. The population is twice that of China. Therefore, its need for earth's resources will increase in the coming years. So obviously India is not as developed as it is now keeping these factors in mind. It may take almost 80-100 years to reach developed countries seeing its current development.

Based on current statistics I don't India is more populated than China. Maybe you are talking about current population growth based on the birth rate. Just like China, the population of India can be used as an economic advantage. Cheap labor is one of the cardinal factors that attract investors to China and India can equally achieve the same feat. India's population can become an advantage if they are educated and empowered with appropriate skills. India has a high number of out-of-school children and most schools face so many infrastructural challenges. 

Compared to so many countries, India is not doing badly economically and that country has the potential to become a developed country by 2047 if its population becomes more educated and skillful.     
legendary
Activity: 3220
Merit: 1344
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September 26, 2022, 11:49:13 PM
#46
There is some good news finally:

https://timesofindia.indiatimes.com/india/fertility-rate-declined-by-20-in-india-in-10-years-srs-data/articleshow/94464169.cms

The fertility rate across India now stands at 2.0, compared to 3.6 in 1991. Overpopulation still remains a big issue in India, and there is large variation across different states. And the birth rate (19.5 per 1,000) is almost twice that of western nations.

This fall in birth rate will probably translate to greater economic growth and more accessibility to resources.
legendary
Activity: 3752
Merit: 1864
September 25, 2022, 09:47:56 AM
#45
Hmm... And what's wrong with the changes that lead to progress?
...

The bourgeois revolution carried out by the happy few in Iran did not give the Iranian people anything. On the contrary, the wealth belonging to the Iranian people was given to others by the collaborationist bourgeois revolutionaries. Please try typing TP-AJAX into Google.

...
The ideal in the USSR was Lenin and the Communist Party - as a result, tens of millions of their citizens were killed, the destinies of hundreds of millions were crippled, the degradation of countries affected by this bastard ideology and ideals.
...

I read Animal Farm by George Orwell when I was 8 years old. I am not a socialist (I believe in a free market economy) but if I am forced to choose between fascists and socialists, I will choose socialists. The problem is not capitalism, we do not have a second option other than capitalism, the problem is that the resources belonging to the people are collected in "a snobbish group that thinks they are elite".

...
Although ... I do not deny that you like it so much, for example Afghanistan - took and chose the path: "forward to the Stone Age!" and they are so good Smiley
...

You're accusing me of something I didn't say. I think our talk should end here because I don't want to act like you. Thank you. Also, I have to add that the probability of improvement of the Taliban is higher than that of the colonialists. The lesser evil...




Back on the topic, the number of people living on $2 a day or less during the pandemic has increased by 75 million.

Quote
Meanwhile, the number of people who are poor in India (with incomes of $2 or less a day) is estimated to have increased by 75 million because of the COVID-19 recession. This, too, accounts for nearly 60% of the global increase in poverty.
https://www.pewresearch.org/fact-tank/2021/03/18/in-the-pandemic-indias-middle-class-shrinks-and-poverty-spreads-while-china-sees-smaller-changes/

Modi raises the morale of the people of India by creating promising projections for the years when many Indian citizens will not be alive. I think he is doing the right thing because the peoples of the east have the appropriate social ground for these policies. Greetings to the people of India.


1. Regarding the revolution, nothing gave Iran - it's just your statement, not supported by anything. Let's connect argems, backed up by facts and verifiable figures? Smiley I believe that the indicators of improvements were, and it's easy to check:
- economic development
- attraction of investments
- opening markets
- getting the opportunity to receive a quality education in Western educational institutions
- The status of a country with an actively developing economy
- increase in the standard of living of the population
- freedom
- the absence of strict legislation restricting the rights and freedoms of a person, based on radical Islamism

It seems to me that this is much more attractive than what happened in Iran later ...


2. "I read George Orwell's Animal Farm when I was 8 years old. I'm not a socialist (I believe in a free market economy), but if they make me choose between fascists and socialists, I will choose socialists."
There was no socialism in the USSR, there was red terror, which subsided a little over time, but the repressive system remained at the heart of the state. This was not socialism. It's kind of like war communism. And having made the wrong choice, you are trying to give an example where the choice will be absolutely logical. It's like saying "if I'm offered shit or cheesecake, I'll heroically choose cheesecake." The question can be formulated as follows 6 that you choose fascism or rashism?
I will answer - a normal person with such a choice (fascism or rashism) will not choose either one or the other. Choosing from two evils, you will choose EVIL anyway!


3. "You accuse me of something I didn't say. I think our conversation should end here because I don't want to act like you. Thank you. I should also add that the Taliban are more likely to improve than the colonialists. Lesser evil...
"- no need to twist Smiley I'm not saying that you said it, I made the example of your choice more contrasting. You consider the change of the totalitarian regime an evil! "The bourgeois revolution carried out by a few lucky ones in Iran did not give anything to the Iranian people. On the contrary, the wealth belonging to the Iranian people was transferred to other collaborationist bourgeois revolutionaries" - are these your words or am I saying something for you? Smiley
Well, about the lesser evil - see p.p. 2, there is already an answer to this question
sr. member
Activity: 1400
Merit: 273
September 25, 2022, 01:27:14 AM
#44
Every leader has an ambition to its country but Narendra Modi is different, he is very very ambitious and aggressive for India's development. I remember when he just started office, he was setting goals after goals and one of them that caught me by surprise was his plan to send a satellite in space and later a mission to the moon. Modi served long enough that means that many Indians like him. But I am also surprised by the post that Bangladesh until now has higher per capita than India.
sr. member
Activity: 1666
Merit: 453
September 25, 2022, 12:11:54 AM
#43
Maybe for the country of India to be prosperous, the majority of the politicians in your government should care about your country. Your politicians should have a good program not only for the economy but also for the constituents that your government governs there.

And when that happens, I'm sure your economy will gradually rise and there will be a change in your country. As long as your government leaders are not corrupt, your country is not far from being like Japan, Singapore, and others.

Anyway, happy independence to your country. Wink
hero member
Activity: 2240
Merit: 725
September 18, 2022, 03:17:19 AM
#42
My opinion First with assumptions about the population. India's population is increasing. The population is twice that of China. Therefore, its need for earth's resources will increase in the coming years. So obviously India is not as developed as it is now keeping these factors in mind. It may take almost 80-100 years to reach developed countries seeing its current development.
The increase in population, such as in India, must also be considered by the government because if it escapes the attention of the government, then the development and the factors needed will be very difficult to build and achieve in conditions like now. India is not so far behind the developing countries or the newly developed countries that it is still easier for India to see other countries that are already developed and also start a better development at this time


Quote
Yes. India needs more foreign businesses to set up in India to save the country's economy and more foreign investment to raise money for their infrastructure.
From a business and economic point of view, India has that and is still doing very well at the moment so the development will probably be there and it won't take too long for India to make it happen if all businesses and sectors of the economy are always alive.
legendary
Activity: 2646
Merit: 1106
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September 17, 2022, 07:50:28 PM
#41
India can easily achieve that goal within the speculated timeline however there is one problem with the Indian infrastructure and the way things work in there. For example, lately I have seen so many news about corrupt politicians and how multi millions of dollars in cash form were ceased from their houses! Imagine if those politicians would have used it for the work which they were intended the development could keep forwarding on success path all the time.

I think they are already on to it so it’s good that some good digging is actually happening.
The thing that slows a country from developing to developed is corruption...

India is one of the countries with the largest population in the world and its citizens are spread in almost all countries but human resources in India are still low because corruption is still high (just like my country), developed countries have clean governments and are far from corruption, that clearly distinguishes that developed countries have luck because their leaders are not greedy.
Indian Government is already supporting people with all the help they could do.
I have read in the other forum that the government of india is giving 50% discount on the installation of solar panels - Once they will all be producing their own electricity they will be at a more comfortable level disregard to electricity bills.
The hard truth, the government will announce such schemes and later if they feel the scheme is profiting people they'll make changes to the scheme. I don't know how far this is true, but it had a good connect. Recently the usage of electric vehicles increased, but India got an opportunity to buy oil at a much lower price. To profit out of it, there were more and more electric vehicles getting into firing problems. The buying of electric vehicles decreased and the fuel usage increased. So, someway government wants money and for the same they'll do all cheap tactics.
hero member
Activity: 2884
Merit: 794
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September 17, 2022, 04:19:04 PM
#40

CONCLUSION
Although almost all country are face with inflation recently, some adjustments in the economic sector can help to ease the citizen as well improve the country's development.


My opinion First with assumptions about the population. India's population is increasing. The population is twice that of China. Therefore, its need for earth's resources will increase in the coming years. So obviously India is not as developed as it is now keeping these factors in mind. It may take almost 80-100 years to reach developed countries seeing its current development.

Yes. India needs more foreign businesses to set up in India to save the country's economy and more foreign investment to raise money for their infrastructure.
This is a clever observation, we know that first world countries consume way more resources than the rest of the nations, if India was able to develop at the speed which is projected then it's fair to wonder how many resources they'll consume? Can the world even support the demands of so many people? So assuming India is able to reach that goal it would be interesting to see how they deal with such a huge problem.
hero member
Activity: 2926
Merit: 636
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September 17, 2022, 08:34:11 AM
#39
I hope this would be realized but for now, it was uncertain.
Honestly, it was too hard to imagine what gonna happen 25 years from now, I can't even see it in the crystal ball. I don't want to think negatively in regards to the future of crypto in India but can't hide the doubts as well. Because without the support from the government, business groups, and the community, this way impossible to happen. For now, it was unrealistic but whispering good luck.

sr. member
Activity: 966
Merit: 421
Bitcoindata.science
September 17, 2022, 07:16:24 AM
#38

How can India become a developed country:
👉👉The government must put a priority on the social and economic development of the nation, for which appropriate government schemes must be implemented.
This is like a necessity for every nation that wants to increase their GDP and economic status. I think political development should be added to this because it's only where every other development gets implemented and maintained

Quote
👉👉There must be reduction in wealth inequality and improvement in HDI score: The government should increase the spending on public services such as healthcare, education, transportation etc.
Does reduction in wealth inequality really count. Paying more attention in improving the various sector of their economy should be more considered and also ensure good accountability of every public funds allocated for projects.

Quote
👉👉Increasement in foreign investments: This will help to improve economic opportunities of the nation and bring in more foreign investment and more jobs. The government needs to provide a significant boost to the manufacturing sector for economic growth.
Investing in foreign investment and youth development. I don't see job creation as a major concern. In a society where the youths are empowered with trending technologies it will attract investments and development
sr. member
Activity: 1610
Merit: 294
www.licx.io
September 17, 2022, 05:30:19 AM
#37

CONCLUSION
Although almost all country are face with inflation recently, some adjustments in the economic sector can help to ease the citizen as well improve the country's development.


My opinion First with assumptions about the population. India's population is increasing. The population is twice that of China. Therefore, its need for earth's resources will increase in the coming years. So obviously India is not as developed as it is now keeping these factors in mind. It may take almost 80-100 years to reach developed countries seeing its current development.

Yes. India needs more foreign businesses to set up in India to save the country's economy and more foreign investment to raise money for their infrastructure.
sr. member
Activity: 2338
Merit: 365
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September 13, 2022, 10:41:34 AM
#36
India can easily achieve that goal within the speculated timeline however there is one problem with the Indian infrastructure and the way things work in there. For example, lately I have seen so many news about corrupt politicians and how multi millions of dollars in cash form were ceased from their houses! Imagine if those politicians would have used it for the work which they were intended the development could keep forwarding on success path all the time.

I think they are already on to it so it’s good that some good digging is actually happening.
The thing that slows a country from developing to developed is corruption...

India is one of the countries with the largest population in the world and its citizens are spread in almost all countries but human resources in India are still low because corruption is still high (just like my country), developed countries have clean governments and are far from corruption, that clearly distinguishes that developed countries have luck because their leaders are not greedy.
legendary
Activity: 3220
Merit: 1344
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September 13, 2022, 10:35:02 AM
#35
India is the 3rd largest economy in the world in terms of purchasing power parity, and the 5th largest economy in the world, and the top 10 holders of forex reserves. India is part of the G20, global economic decision making. India's quota has been increased by WB and the IMF. Because this growth, development, and size are different, the economy is growing fast, so it will increase the size of the economy. India's development, so we expect to become a developed country in the future.

Being an Indian, here are my concerns:

1. Only around 1.5% of the population pays income tax. Salaried class is heavily taxed and almost everyone is deep in debt.
2. A large part of the population lives off freebies. Stop the freebies and the government will go down.
3. Caste and religion are important factors when people go out to vote. Merit of the candidate seldom matters.
4. Population explosion is a big concern. In a democracy, groups that increase their population ends up with more power.
5. India imports almost everything, including hydrocarbons, electronics and defense equipment.
member
Activity: 222
Merit: 10
September 13, 2022, 10:17:17 AM
#34
If I am not wrong India is already on the track of making it and there is no surprise if the goal reaches sooner than expected because we all know they are becoming more and more powerful in both World politics and economics, governments also support them a lot to lower the supremacy of China in many fields.

India is the 3rd largest economy in the world in terms of purchasing power parity, and the 5th largest economy in the world, and the top 10 holders of forex reserves. India is part of the G20, global economic decision making. India's quota has been increased by WB and the IMF. Because this growth, development, and size are different, the economy is growing fast, so it will increase the size of the economy. India's development, so we expect to become a developed country in the future.
full member
Activity: 1526
Merit: 111
Pepemo.vip
September 13, 2022, 01:47:11 AM
#33
India has enormous human resources, so that major developments in the field of education will have a tremendous impact on the country. On the other hand, if public health becomes a major concern as well, there will be more and more productive people, who have high self-awareness in maintaining cleanliness, and ultimately have a high level of health. especially if it is supported by adequate infrastructure, of course it will further reduce production costs
hero member
Activity: 1974
Merit: 586
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September 12, 2022, 11:06:39 PM
#32
How can India become a developed country:
👉👉The government must put a priority on the social and economic development of the nation, for which appropriate government schemes must be implemented.

👉👉There must be reduction in wealth inequality and improvement in HDI score: The government should increase the spending on public services such as healthcare, education, transportation etc.

👉👉Increasement in foreign investments: This will help to improve economic opportunities of the nation and bring in more foreign investment and more jobs. The government needs to provide a significant boost to the manufacturing sector for economic growth.
This is great, but there is one thing that comes to mind for us as non-Indians. Where we see social inequality, the caste problem in India which makes social, economic, and cultural inequalities in certain religions will continue to stick where the three castes in India have a limited influence on an economy. I certainly want to know how the government handles culture. Because after all, India has the largest population in the world. Based on Wikipedia sources, India's biggest challenges are still in the sector of gender inequality, child malnutrition, and rising levels of air pollution. The land of India is very diverse, with four biodiversity hotspots. Its forest cover covers 21.7% of its area.
legendary
Activity: 1876
Merit: 1157
September 12, 2022, 10:54:39 PM
#31
For any country struggles are always part of growth. With the kind of population India has. I think achieving per capita income to the level of developed countries will be a great challenge. However I think Indians focus on education very much and it has helped them a lot. They will keep growing and they might achieve the infrastructure similar to a developed economy, however it's per capita income might not reach to the level of developed countries.
legendary
Activity: 3220
Merit: 1344
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September 12, 2022, 10:43:34 PM
#30
Being an Indian, I am quite skeptical about the chances of India. The biggest problem facing India right now is overpopulation. Population growth has slowed down in most of the states. But 2-3 states which contribute the most to the population (Bihar, UP.etc) still have very high growth rates. This results in very heavy migration from these states to other states and as a result there is a lot of ethnic tension. And the second major issue is brain drain. Every year, some 100,000 to 150,000 of the most qualified people emigrate outside. Main reasons are sky high tax rates and lack of safety within India. India can't become a developed nation, unless these issues are resolved.
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