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BRICS, E7 Economies, and IBSA

Discussion in 'World Economy' started by santosh, Mar 26, 2014.

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  1. santosh

    santosh Major SENIOR MEMBER

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    thats we find closed to ground reality.

    we find, along with increased investments in Infrastructure, India is home a pool of professionals at the cheapest labor cost too among all the BRIC at present.......

    investment in Indian SEZs would a wiser decision considering growth in home buyer too :tup:
     
    Last edited: Apr 22, 2015
  2. santosh

    santosh Major SENIOR MEMBER

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    India's investment climate better than BRIC peers: EY survey

    New Delhi: India has "better investment climate" than other BRIC nations even as regulatory and tax system-related challenges are impacting immediate investment plans, says a survey of top executives of German companies.

    More than 90 CEOs and CFOs from leading German high-tech companies participated in the survey done by global consultancy EY and research firm Delphi.

    Investors recognise India's market growth, large market size and efforts to attract FDI while the perceived obstacles, are its infrastructure, administration and regulation, the study said.

    "India currently offers a better investment climate than other BRIC countries," the report said while adding that German companies are favourably inclined to invest in the Indian high-tech market.

    BRIC comprises four countries -- Brazil, Russia, India and China.

    "94 per cent of the surveyed CEOs and CFOs from leading German high-tech companies stated that India currently offers a better investment climate than other BRIC countries," it said.

    The study has combined insights from expert interviews with existing market and economic data.

    Delphi interviewed the top executives from German high-tech companies that are already operating in BRIC economies or are considering investments in the near future.

    According to the study, several perceived challenges have been identified across all high-tech manufacturing sectors and investor groups, including companies starting a business, already operating in India and potential investors which operate in other BRIC countries.

    They would require, among others, "improvement in infrastructure, simplification of regulatory procedures, liberalisation of FDI and simplification of the tax system".

    As per the study, Indo-German collaboration in high-tech manufacturing can become an important part of the 'Make in India' initiative.

    "Out of 13 high-tech Manufacturing sectors analysed, seven offer greatest convergence for Indo-German collaboration," it noted.

    Automotive, civil aviation and airports, transportation infrastructure, water; renewable energy and heavy engineering are among the seven sectors.


    India's investment climate better than BRIC peers: EY survey - IBNLive
     
  3. santosh

    santosh Major SENIOR MEMBER

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    .
    Property Prices in India
    .
    => World's most expensive cities

    @Averageamerican
    @Picdelamirand-oil

    AA, PD, if we consider steep fall in Russian Ruble, Euro, along with Singapore Dollar too. i guess next update would put Indian property prices just below to France, at around 6th number. higher than more than 80% OECD countries this way.....

    even by the usual eye, i generally see even "very small" house of delhi, priced well over Rs5.0crore, AU$1.0mil+, located in a lower rated suburb of Katwaria sarai of Delhi.... in fact, its foolish to think that even Rs10.0crore+ would be enough to buy a very small house of Katwaria saria, i can easily say...... :coffee:

    how you people see this so high property prices in India, as compare to OECD economies? even in the city like lucknow, a decent small house of my colony would well cross Rs2.0 crore+ . while i dont think Lucknow type city would fall even in the top 20 cities of India....Rs 2.0crore does means for AU$400,000+....

    four metros, then Bangalore, Hydarabad, Pune, Ahmadabad, Gandhinagar, Jaipur, Chandighar, Shimla, Jammu, Srinagar, Bhuvneshawar, bla bla, i think, even Guwahati would be rated bit above Lucknow, the capital of UP state of India....
     
    Last edited: May 7, 2015
  4. santosh

    santosh Major SENIOR MEMBER

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    @Averageamerican

    Standing of BRIC's Firms in World

    we have an update of listing of firms of BRIC economies on Forbes as below:

    1st; The World's Most Innovative Companies - Forbes

    The World's Most Innovative Companies List - Forbes

    here we find 5 Indian firms having a place among the top 100 of world
    .

    2nd; Asia's Fab 50 Companies - Forbes

    Asia's Fab 50 Companies - Forbes

    here we see 12 Indian firms having a place in this above list of Asia's top 50
    .

    3rd; World's Largest 2000 Public Companies - Forbes

    The World’s Biggest Public Companies List - Forbes
    here we find 54 Indian firms having a place in the above list. and yes, Pakistan too from South Asia having 2 companies in the above list.....
    .

    4th; List of Industrialists of BRICS

    => The World's Billionaires - Forbes


    we have for India as below. we find even the 100th ranked here, Radhakishan Damini, is expected to have at least $1.0billion in exchange rates terms
    India's 100 Richest People - Forbes

    here, we can't see anyone from the rest of South Asia region having a place in the list of world's billionaires. while the market size of Pakistan (population 190million) and Bangladesh (population 170million) is well closed to Brazil at population 200million.

    (the Market Size of a country is defined by the number of consumers/buyers a country has, who then buy products-services within a country, pay taxes etc, to run the local industries. hence its mainly relate to the population of that country as whole....)

    in a simple term, we find "Market Size", the businesses within a country, represents "Buying Power of the consumers" of a certain country. for Brazil's 200million population, its as below:

    The World's Billionaires - Forbes


    while when we talk about US's, or even Chinese firms, then its also about their buyers based in whole world, buying their products. so size of a firm of OECD countries also depends on their world wide buyers-consumers :coffee:

    in fact, i don't see any of the Bangladeshi national getting a place in this list by even next decade, very less likely. but considering buying power of Pakistani Middle class consumers, i do expect a Pakistani national to have a place in this list by this decade, hopefully....

    with regard to so poor indicators of Bangladesh, falls among the LDCs countries this way, we generally talk, it would take at least 20 years for Bangladesh to come to the level of Pakistan. except enter in India under false Indian-Hindu names, occupy high positions by bless of US-UK, no other credibility these people have within their own country.
    .

    => Bangladeshi False ID Infiltrators in India

    a conspiracy by the government of Bangladesh, with involving Pakistan too

    (businesses within a country is supported by the government incentives, by using resources of a certain country, which are first supported by the local buyers who run the industries by buying products. its none like how foreign investments is made by US's firms, which falls under certain contracts of FDIs.... only Infrastructure investment by India during the 12th 5 years plan of 2012-17, cross $1.0trillion, paid by the Indian tax payers. which is enough to make over 1,000 billionaires in ever 5 years time. and this infrastructure investment has a rising trend only...... its the tax payers of India, who pay for the subsidy for the people below poverty line, paying expanses of the government to run this country as whole, along with building infrastructure of India too :india:

    no foreign government share any burden of Indian Tax Payers, neither US-UK share 'equal voting rights' with Indian voters in their democratic elections too, hence, they have no rights to help these 2 rogues nations in India, the Bangladesh+Pakistan. :facepalm:

    and with reference to the news that now Bangladeshi government help their people occupy local Indian IDs too, in numbers over 20million now, we want US-UK-Aus to completely withdraw their support from Bangladesh+Pakistan, help us put them among the rogue nations in UNSC, until they come fair on their stand with their neighboring country India :tup:
    nowdays Bangladeshi government is part of conspiracy to 'employ' Bangladeshi workers on false Indian IDs, saying Indian workers go to this so poor country of world and working there. hence, we would demand a 'complete freezing' of the Indian-Bangladesh border, until we may successfully identify all the Bangladeshi False ID infiltrators, sneaking into India. a full conspiracy is seen by the govts of Bangladesh+Pakistan, to destroy this country, hence we first want this country to be recognized as a 'rogue' nation in UNSC. :india:

    (if foreign nationals enter in a country and occupy high government positions under a False Indian Identity, only fall under death penalty, by laws of any parts of world.
    Bangladeshi migrants as whole in India aren't getting any type of Immigration here, NO, and occupying false Indian IDs, while hiding their true identity as guided by the foreign governments of Bangladesh+Pakistan, simply recognize them as an Infiltrators, by any criterion of world.)

    in a simple term, property prices of India is more expansive than over 80% OECD economies, the list as below where only Karachi i have seen once, at the bottom. we simply dont have any space for the False Indian IDs holders coming from Bangladesh, who are provided with the False Indian IDs as funded by the annual budget of Bangladeshi government....
    World's most expensive cities

    its not about 'favoring' Pakistan, but, with a similar population to that of Bangladesh, we find only Pakistan from this south Asia region, has as big 'market size' of Middle Class that it may have a place in any of the above lists....

    The World Factbook
    .
     
    Last edited: May 11, 2015
  5. santosh

    santosh Major SENIOR MEMBER

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    further to my last post, we find Pakistan having a place in one of the list as below. and i repeat, its not about favoring Pakistan, but once you compare it with Bangladesh, you find then not having as big Market Size of their consumers-buyers of 170million population, that a Bangladeshi national may have a place here even by next 10-12 years...

    never underestimate Pakistan's Market Size, further to lists of my last post#274, only one non-Indian South Asian name we have as below


    The World’s Biggest Public Companies List - Forbes
     
    Last edited: May 11, 2015
  6. santosh

    santosh Major SENIOR MEMBER

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    while discussing Market Size of a country, hence the number of consumers-buyers of a country, representing 'buying power' of an economy as whole, hence its mainly related to the population of a country, and their buying power to support the local industries within a country.....
    we have latest update of population of world as below:

    The World Factbook
     
  7. santosh

    santosh Major SENIOR MEMBER

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    India needs to raise infrastructure spending to 10% of GDP

    India needs to raise infrastructure spending to 10 per cent of GDP to achieve and sustain economic growth target of 9 per cent in the coming years.

    "In order to sustain growth targets, this (investment in infrastructure) would need to increase further to over 10 per cent of GDP by 2017," IDFC Projects Ltd Managing Director Pradeep Singh said in a presentation at the annual meeting of Asian Development Bank here. :coffee:

    India's infrastructure spending is 8 per cent of the Gross Domestic product, as against China's 9 per cent, he said. The country's GDP was $1.4 trillion at the end of March 2011.

    Acknowledging that India has a long way to go in terms of meeting its infrastructure requirements, Singh said the 12th Five Year Plan (2012-17) envisages $1 trillion investment in the sector. :coffee:

    Of the total targeted investment, private sector is expected to invest $500 billion - with around $350 billion through debt and $150 billion of equity over next five years.

    Domestic funding sources, Singh said, will not be sufficient to meet these needs.

    However, during the 11th Plan period ended in March, investment in infrastructure sector fell short of its target of $500 billion. :facepalm:

    Total investments during the past five years was about $425 billion, Singh said.


    Despite the aggressive growth in last five years, India's basic infrastructure ranked 86th in Global Competitive Report-2010 by World Economic Forum, he pointed.

    Projecting India as investment destination, State Bank of India Chairaman Pratip Chaudhuri said, in a separate presentation, that Qualified Foreign Investors were allowed to directly invest in Indian equity market in January.

    Besides, he said, the overall FII investment limit in government securities and corporate bonds has been enhanced to $60 billion.

    Chaudhuri also said India has a well regulated banking system, with 98 per cent of the banks fully computerised.

    India needs to raise infrastructure spending to 10% of GDP: IDFC Projects - timesofindia-economictimes
     
  8. santosh

    santosh Major SENIOR MEMBER

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    @Picdelamirand-oil
    @Averageamerican

    we always have question on the credibility of these news, as below. but it may also have a place here, i think :coffee:

    here, we expect India to ranked higher in future considering hefty investment in infrastructure. i would be more happy to see India to be put in the category of Brazil, Thailand, South Africa :tup:
     
  9. santosh

    santosh Major SENIOR MEMBER

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    the listing as below put India on a higher rank at 35th, even if its put among the "lower" middle income group counties as below.

    too many ways of deriving a formula to measure something, and they do have something in this report, :coffee:

    https://www.ifw-members.ifw-kiel.de...uction-rankings-and-applications/KWP_1929.pdf
     
    Last edited: May 11, 2015
  10. santosh

    santosh Major SENIOR MEMBER

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    double post
     
  11. santosh

    santosh Major SENIOR MEMBER

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    Indian Economy on PPP would come closed to $11.0trillion, if we include 'undocumented' part of GDP too

    we find on PPP, Indian economy closed to $8.0trillion by end 2015, more than total of UK+Canada+Australia+Pakistan+Bangladesh+NewZealand+other Commonwealth countries...

    on PPP basis, we find Indian economy closed to $8.0trillion by end 2015...

    The World Factbook

    but it still doesn't includes the 'undocumented' part of GDP, the share of GDP of developing countries, which doesn't come in light, remains undocumented. which estimated over 30% in case of developing countries like India, Philippines, Vietnam, Thailand, China, Sri Lanka etc.

    and its not just the "non-Taxed" or "black money", but, more than half of the people of India aren't even aware that they would pay tax on the salary they earn....

    The World Factbook

    hence, i would say, by end of 2015, Indian economy would come closed to $11.0trillion on PPP term, if we consider the undocumented part of Gross Domestic Product (GDP) also.

    nowdays UK and their allies are hopeful to maintain food supply for their coming generation through India only, have bet theri every credibility to get this "Elephant", whose economy size is bigger than the total Commonwealth Economies as whole. with dreams of source of money and power from this country,only, by using Bangladeshi souls to occupy bodies of Indian govt-military-political people, including businessmen too...
    (the technologies of NASA-US, which were developed by the Indian immigrant professionals there itself, with immigrant professionals of other developing countries and Japan etc..... and this is the final outcome of these US's technologies, which is being used for every form of crimes in the countries like India... a disaster on this world as whole by UK and their allies...)
     
    Last edited: Jun 28, 2015
  12. santosh

    santosh Major SENIOR MEMBER

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    @Averageamerican

    further to the above post, the current state of UK's economy, the leader of Commonwealth is as below:

    1st, GDP per Capita is still around 2% lower than its pre crisis level of early 2008. (even if GDP size is bit above to early 2008, the population increase has kept its per capita level still below to its early 2008 level.)

    2nd; Public Debt to GDP has risen from 38% in early 2008 to above 80% to date, more than double while GDP per capita level is still below its early 2008 level....

    3rd; with other indicators of UK's economy as below:

    Britain's debt mountain reaches £1.39TRILLION, equivalent to 90% of the entire economy, ONS reveals | Daily Mail Online

    Soaring UK personal debt wreaking havoc with mental health, report warns | Money | The Guardian

    => Almost 90% would 'consider moving abroad' for better financial prospects - Telegraph :tsk:



     
    Last edited: Jun 29, 2015
  13. santosh

    santosh Major SENIOR MEMBER

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    @ray

    further to the above post, discussing Per Capita Income of UK adjusting inflation still around 2% lower than its early 2008 level, pre-crisis level, along with more than twice debt since then. we have a picture of growth of the countries like India, Vietnam, Philippines, CHina type economies as below, how their economic size change every year. we find growth rate of India down to 5% by 2013, which then rose to 6.5%+ by the financial year 2014-15...

     
  14. Averageamerican

    Averageamerican Colonel ELITE MEMBER

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    As the fellow said that jumped of the high building as the passed the 10th floor on the way down, Good so far.
     
  15. santosh

    santosh Major SENIOR MEMBER

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    further to the above post, following the 2008 recession, the current state of struggle of Single Mothers of UK-US is once explained as below: whose single mother kids nowdays fight in India type progressive society, simply because their 10th-12th fathers, boyfriends of mother, dont care of these shiits of US-UK-Aus, are left free of any control to fight in India nowdays :facepalm:

    =>

    Prostitution and Poverty in the UK

    In Britain, the recession has left many people struggling to make ends meet,:coffee: but reports have shown that young people – young single mothers in particular, are feeling the worst of austerity, and many are turning to prostitution in pursuit of financial security.

    Things are likely to get worse. In 2013-2014, a lone parent would receive on average £46.80 a year less in benefits due to governmental changes, while a couple with children would miss out on £52 a year. In 2014-2015, the projected figures are £260 less for single parents and £156 less for couples with children. In short, single parents – often the most financially vulnerable – are facing the harshest cuts in benefits.

    This has led to an increase in prostitution, which has affected the industry’s economy; many sex workers are reducing their charges (sometimes as much as 50 per cent) in order to beat competition from other sex workers. This contributes to a viscous circle; more single parents – usually women, enter prostitution out of financial desperation.:facepalm: Due to the increase in sex workers, they need to engage in the industry more to acquire the money they need. This in turn leads to a further increase in active sex workers and a further devaluation of prostitution ad infinitum. :tsk:

    One thing is clear – tough policing and stricter legislation is not the solution. Ukraine’s capital – Kyiv has struggled with high prostitution levels since it gained independence in 1991, after the collapse of the Soviet Union. In 2005, it introduced more rigorous legislation to try to combat the problem, to little effect. The country co-hosted the Euro 2012 football tournament with Poland and prepared itself for the explosion in sex tourism. Kyiv alone has an estimated 50,000 sex workers, twice that of the whole of Holland, despite prostitution being illegal in Ukraine and legal in Holland. And some suspect that this figure is even higher, with many young Ukrainian sex workers not wanting to come forward due to fear of shaming and imprisonment.

    The only way to tackle the exploitation of young women is to tackle its root cause – poverty. To do otherwise would be like treating a disease with tissues instead of medicine. This can be achieved without reversing the entire austerity program (which no UK government is realistically likely to do).

    Firstly, the government could take up Ed Miliband’s living wage proposals. The introduction of this policy – providing tax incentives to companies who pay a living wage instead of a minimum wage to their employees (£7.45 per hour outside London and £8.55 in London, compared to the £6.19 minimum wage) would save the taxpayer £2.2bn,according to the think tank Resolution Foundation. It would also help to minimise in-work poverty, which would help single parents make ends meet without turning to prostitution.

    Another step would be to reintroduce the Education Maintenance Allowance (EMA), as many of the hardest hit are young people – this includes students. The Women’s National Commission (a UK women’s issues pressure group) claim the shocking statistic that “50-75% of women in prostitution entered before they were 18” and that many of these had been absent from education throughout this time. Reconsidering the £9,000 tuition fee would also help to reduce the number of students turning to the sex industry out of fear of mountainous debts.

    Of course, this article does not intend to argue for or against sex work as a career choice. There is a persuasive case made by libertarians and some sex-positive feminists that willing engagement in prostitution is a matter of personal liberty for those involved and not the concern of third parties. Without divulging into a philosophical discussion about such liberties, it is worth mentioning the statistic that in a study on feminism and psychology, 92 per cent of sex workers said that they wanted to leave prostitution “immediately”. In a different study, 74 per cent of women cited “poverty”, paying “household expenses” and supporting children as a “primary motivator” for involvement in the industry. It should be clear by now that the vast majority of European sex workers are exploited out of economic desperation and are not pursuing a career that they necessarily consider legitimate, empowering or advisable – whatever one’s position on such political theory.

    “She was too ignorant as yet to know that the chances of her finding work unaided were practically nil; but the next four days gradually enlightened her”, read the pages of A Clergyman’s Daughter – George Orwell’s understated and second novel. The book is an exploration of poverty in the 1930s, in which the protagonist, Dorothy, is swept away by the cruel realities of homeless men and women, some of whom become sex workers for mild reprieve. She is bailed out by a rich relative while being “on the very verge of becoming one” – a prostitute. Unfortunately – even in the 21st century, not everybody is that lucky.

    Prostitution and Poverty in the UK | Left Foot Forward
     
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