Indian Economics thread.

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Overbom

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The Indians are now immigrating to Singapore as well? The ethic Chinese in Singapore need to be careful of this.
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Its called CECA which allows Indian "professionals" to work in Singapore lol

As I said, first stage of decline. Inevitably, such a large population will influence Singapore's politics and policies in the future
This is a long term process
 

Sardaukar20

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And here's a dose of actual reality to burst that pipe dream peddled by IMF/WB. Demographic dividend you say? More like Demographic time bomb.

10 million job applications for 35000 job vacancies in the Indian Railways? If India had a booming economy as they have claimed, there would be many more job vacancies. What happened to the job vacancies in the private sector? Not enough for 10 million people? How about for the other many more millions of people?

Not enough low-skilled job positions for the masses. What use then is that Demographic dividend? China have been able to provide jobs to its population, even during the pandemic. So there is no excuse for India. Where is that Indian miracle that they have been talking about? We have been waiting for it since the good old times. But now in the bad times, India is still so confident about that miracle?

Meanwhile, China is turning to automation to compensate for its aging workforce. Soon, it does not matter how low the labour cost is in India. China can still manufacture goods at competitive pricing with increased automation. Time is rapidly running out for India.
 

Overbom

Brigadier
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10 million job applications for 35000 job vacancies in the Indian Railways? If India had a booming economy as they have claimed, there would be many more job vacancies. What happened to the job vacancies in the private sector? Not enough for 10 million people? How about for the other many more millions of people?

Not enough low-skilled job positions for the masses. What use then is that Demographic dividend? China have been able to provide jobs to its population, even during the pandemic. So there is no excuse for India. Where is that Indian miracle that they have been talking about? We have been waiting for it since the good old times. But now in the bad times, India is still so confident about that miracle?

Meanwhile, China is turning to automation to compensate for its aging workforce. Soon, it does not matter how low the labour cost is in India. China can still manufacture goods at competitive pricing with increased automation. Time is rapidly running out for India.
Its called demographic burden because the state has to invest enormous resources to provide infrastructure to so many people but the people themselves are either unemployed or working in agriculture (extremely unproductive).
Little-to-negative RoI
 

Sardaukar20

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Its called CECA which allows Indian "professionals" to work in Singapore lol

As I said, first stage of decline. Inevitably, such a large population will influence Singapore's politics and policies in the future
This is a long term process
I don't think Singapore will allow Indian nationals to hijack the country for their own interests. The local Singaporeans and the government will not allow that. Unlike the Rose-tinted Westerners, Singaporeans are far more aware of Indian shenanigans. Singaporeans have a better understanding of Indian culture, because of their exposure to the sizable Singaporean Indian community. There are cultural similarities, but the Jai Hinds of India readily 'out-Jai Hinds' any Singaporean Indian.

Most Singaporeans don't view Indians as innocent, oppressed, and democratic people that needs saving. They just view them as they are, Indians. The foreign Indian community can try to push around the government and society. But Singaporeans will be far more aware about that, then the liberals in the West. There is no fast-track to Singaporean citizenship. It is quite challenging to get one, and it is very competitive. That means that most Indians won't be able to get Singaporean citizenship. They may get Permanent Resident status, but that does not come with voting rights.

Singapore is not as naïve as the West. There is already a pushback on too many foreign expats coming into Singapore and occupying too many white-collar positions. Now there are quotas for foreign expats to come into Singapore. If Indians try to populate and hijack Singapore, I'm sure that there will be a pushback.
 

Sincho

Junior Member
Registered Member
Why did Singapore allow this to happen? Was this one of LKY mistakes
Lee Kuan Yew believed in eugenics. He believed that the genetic composition or gene pool of the local Chinese population , most of whom were of Southern Chinese stock could be improved by allowing immigration of qualified Chinese (in terms of brain s, qualifications and wealth) from a wider geographical region of China such as from the middle (Shanghai and the Yangtze delta region)and the north. In fact, Lee believed that Hongkong Chinese have overall better genetic composition than those in Singapore because they hail not only from the south but also from the middle and north.

Singapore is a multiracial country comprising of the 3 major races, the Chinese , the Malays and Indians . Lee Kuan Yew is a pretty fair man as far as attitude towards all races are concerned. What he allowed for the Chinese to improve their gene pool , he will also allow for the other races. Hence , the scheme to improve Indian genes by allowing immigration of Indian professionals and such .
 

Bellum_Romanum

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Its called CECA which allows Indian "professionals" to work in Singapore lol

As I said, first stage of decline. Inevitably, such a large population will influence Singapore's politics and policies in the future
This is a long term process
I don't have any problems of seeing our fellow Indians immigrating or wishing to emigrate to other countries because there are a lot of Chinese that also immigrate to many countries in the west and to Singapore as well. I guess the question that ought to be asked is what kind of immigration policy does any country need or have in order to meet that country's specific needs? I don't want our complaints against India becomes a racial issue because frankly that's just bleeping racist and we're no different than your typical western nativists than spews venomous remarks against any immigrants regardless of contribution they bring or have brought to the country.

In my opinion, it's best to hope India indeed improves it's economic development and deliver the growth it needs to sustain the enormous young population because failure is just not an option since the end result would not just be bad for India but in reality it'll be bad for our world and that's something we must understand. What happens in India doesn't mean it stays in India.
 

ougoah

Brigadier
Registered Member
I don't have any problems of seeing our fellow Indians immigrating or wishing to emigrate to other countries because there are a lot of Chinese that also immigrate to many countries in the west and to Singapore as well. I guess the question that ought to be asked is what kind of immigration policy does any country need or have in order to meet that country's specific needs? I don't want our complaints against India becomes a racial issue because frankly that's just bleeping racist and we're no different than your typical western nativists than spews venomous remarks against any immigrants regardless of contribution they bring or have brought to the country.

In my opinion, it's best to hope India indeed improves it's economic development and deliver the growth it needs to sustain the enormous young population because failure is just not an option since the end result would not just be bad for India but in reality it'll be bad for our world and that's something we must understand. What happens in India doesn't mean it stays in India.

Very true. Everyone actually have everyone else's problems as well as their own at the end of the day. India needs reforms pretty badly and natural forces are pushing India towards reforms. See how long Indian leadership structure wants to resist and puts continued effort to resist.
 

Overbom

Brigadier
Registered Member
See how long Indian leadership structure wants to resist and puts continued effort to resist.
The point is that their time might have ended for the most drastic reforms.

Their demographic dividend is starting now, but their population quality has been neglected for so long. Even if they magically fixed everything now, it still wouldnt matter that much.

And then we have the 4th Industrial Revolution which will end Indian dreams for employing their hundreds of millions of uneducated/low-educated people.
Thats it.

Yes they can reform but most of damage has already happened
 
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