India 12th wealthiest nation in 2005

[system]

Re: India 12th wealthiest nation in 2005

@Abhiman

Well actually, this technique of calculating GDP is not reliable. It must be calculated on Purchasing Power Parity and not dollar GDP. If its calculated at PPP, then I think India was ranked 4th or 5th in the world.

Impressive.

[system]

Re: India 12th wealthiest nation in 2005

Yes yes sure, why not INdia can be a 12th richest nation and not only that but it will be a superpower in a hundred years.Here is some more truth for my eastern neighboughrs:D

-India is home to one quarter of the world's poor: World Bank (August 2004)

-India will soon have more people infected with HIV than any other country in the world: World Bank (September 2004)

-In India, 700 million people and 120 million households have no access to public or private toilets. Fifty million bucket toilets are cleaned by half a million "scavengers" (Untouchables). This has led to atmospheric pollution, health hazards and a class of people who clean up the excreta of others: Asia Times (June 2003)

-India has the highest number of poor people living under $1 a day, the international line of poverty:World Bank (August 2004)

[PaKlOveR]

Re: India 12th wealthiest nation in 2005

:D

[Abdali]

Re: India 12th wealthiest nation in 2005

@queer

well that doesnt seem to be working for bakistan or pangladesh(india’s largest neighbours), they breed like rabbits, and their per capita GDP and purchasing power plummet year after year with respect to india.

But it certainly is working for Indoostan with 1B living the life of poverty and 800 million don’t even have acesss to water/sanitation and defecate out in teh open… Double your population to 4.8B and you will become the 3rd wealthiest..

[Abdali]

Re: India 12th wealthiest nation in 2005

@BunkerBuster

Yes yes sure, why not INdia can be a 12th richest nation and not only that but it will be a superpower in a hundred years.Here is some more truth for my eastern neighboughrs:D

-India is home to one quarter of the world’s poor: World Bank (August 2004)

-India will soon have more people infected with HIV than any other country in the world: World Bank (September 2004)

-In India, 700 million people and 120 million households have no access to public or private toilets. Fifty million bucket toilets are cleaned by half a million “scavengers” (Untouchables). This has led to atmospheric pollution, health hazards and a class of people who clean up the excreta of others: Asia Times (June 2003)

-India has the highest number of poor people living under $1 a day, the international line of poverty:World Bank (August 2004)

Forget international standards by Indian standards these are all the attributes of the wealthiest nation…

[PaKlOveR]

Re: India 12th wealthiest nation in 2005

i thinkthey r lookingat the money earned by bollywood:D

[legbreakgoogly]

Re: India 12th wealthiest nation in 2005

Welldone. In sheer numbers India has a huge economy. The UNHD report 2005 states that c. 80% of Indians live under $2/day, but 850 million * 2 is what $1.7bn dollars between them daily, now that times 365 gives about $620.5 bn dollars annually just thru them.