Indian Economics thread.

[BlackWindMnt]

The government is only concerned with economic numbers. They think since IT personnel are required for growth, they open the gate without caring for the future consequences. F**k them.

If Singapore is like the west, it's not that Indians are taking IT jobs from Singaporeans. It's because domestically they can't produce enough smart or capable Singaporeans to fill up those job slots.

Take my country the Netherlands a small country with a population of 17 million. A IT sector report said that for every thousand IT jobs filled there are 77 unfilled jobs, this big of a shortage is actually slowing down the economic growth in my country. I have also seen some of the hourly rate my Indian colleague got it was not cheaper at all compared to domestic hourly rate.

You have the same situation with the lorry drivers in the west, white people were complaining about foreigners taking those jobs from them and now that the need for lorry drivers is big there are no white people that are willing to drive increasing inflation because supply is restricted logistically.

 

[mossen]

If Singapore is like the west, it's not that Indians are taking IT jobs from Singaporeans. It's because domestically they can't produce enough smart or capable Singaporeans to fill up those job slots.

Take my country the Netherlands a small country with a population of 17 million. A IT sector report said that for every thousand IT jobs filled there are 77 unfilled jobs, this big of a shortage is actually slowing down the economic growth in my country. I have also seen some of the hourly rate my Indian colleague got it was not cheaper at all compared to domestic hourly rate.

You have the same situation with the lorry drivers in the west, white people were complaining about foreigners taking those jobs from them and now that the need for lorry drivers is big there are no white people that are willing to drive increasing inflation because supply is restricted logistically.

I think a major difference here is that Western Europeans are much more open to immigration as a culture than any East Asian ones are (by and large). It's true that there is some amount of immigration in recent years to Japan, Korea and indeed Singapore... but it's still much lower than to Western countries.

Singapore is 75% Han Chinese and the old man LKY himself was very public and vocal about keeping it that way. I don't think that sentiment was an outlier.

 

[Bellum_Romanum]

 

[NiuBiDaRen]

Remember the 2013 Little India Riots?

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An Indian labourer got killed by a bus in Little India. Then there was rioting in Little India by South Asian immigrants, mostly Indians. The bus was vandalized, vehicles were set on fire, and police vehicles were flipped over.

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27 arrested. 24 Indian nationals, 2 Bangladeshi, and 1 Singapore PR.

Singapore wasted no time to arrest and punish those offenders, even giving some of them the dreaded lashes of the cane. Unlike how the West treats its unruly migrants with kids gloves, there is no nonsense in Singapore. The Indian media are off course in outrage. Some of them peddled the fake news that accuses Singaporeans of anti-Indian race rioting. But there was no diplomatic problem with India. Narendra Modi hasn't came into power yet. Singapore welcomes Indian immigrants, but it will not tolerate them bringing their nonsense into the country. If any Indian nationals in Singapore have any ideas about hijacking the country for themselves, they will be very disappointed.

Isn't this why there is an alcohol curfew from 10.30pm to 7am? Bloody hell.

These rioters stripped me of my alcohol freedoms.

 

[NiuBiDaRen]

Cue all the YouTube videos comparing Mumbai with Shanghai, New Delhi with Beijing saying how the Indian equivalents are superior

 

[Overbom]

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A new survey, which highlights the economic impact of the pandemic on Indian households, found that the income of the poorest 20 percent of the country declined by 53 percent in 2020-21 from that in 2015-16.

also shows that in contrast, the same period saw the annual household income of the richest 20 percent grow by 39 percent.

Common prosperity with Indian characteristics

 

[Bellum_Romanum]

The Chinese media ought to show this kind of documentary to the complainers in China to show and contrast how far their country has come in comparison to India and to also contrast the two countries distinct political system which can give the people proper context of comparison as well as accomplishments. Most often, some idiots in China tend to compare themselves to DEVELOPED WESTERN countries like Europe, Canada, US and Japan.

All this political yapping about Democracy brings prosperity must have truly blinded themselves with history of COLONIALISM, enslavement which means free Labour and vast wealth extraction from countries plundered by the same western countries who are hell bent on convincing every naive idiots that Democracy is the panacea to poverty.

I just finished watching the documentary where I can't help but feel infuriated that if Mumbai was a Chinese city the kind of criticism and propaganda will be leveled primarily and incessantly against the CPC making it the sole culprit castigating it for inefficiency, ineffectiveness above all else it's inhumane treatment a.k.a. Human Rights for the slum dwellers.

These type of documentaries while shows the extreme plight of India's poor and the huge disparity of the wealthy elites VS the peasants it does not dare critique the very system that actually allowed to perpetuate such callous disregard for the vast majority of poor Indians. They instead have this defeatist nonsense that such outcome is the price everyone pays to live in a Democracy: free to complain, nothing gets done. More like the overlords are the private capital and the government is their female dog.

 

[9dashline]

Their star example of one of Mumbai elites that "made it" in that society as high end developer/contractor ended up getting arrested for corruption while they were still making the documentary....

6000 people killed every year riding the train to work because it doesnt have doors that close

4 year old kid gets eaten by a tiger and government does nothing about it, eventually the parents had to recover the arms, hands, and skull on their own



Cheap labor globalization is already over, India is too late to climb the same path that China took in the last 40 years

 

[Bellum_Romanum]

Their star example of one of Mumbai elites that "made it" in that society as high end developer/contractor ended up getting arrested for corruption while they were still making the documentary....

6000 people killed every year riding the train to work because it doesnt have doors that close

4 year old kid gets eaten by a tiger and government does nothing about it, eventually the parents had to recover the arms, hands, and skull on their own



Cheap labor globalization is already over, India is too late to climb the same path that China took in the last 40 years

Which is why the elite of India don't want their country to work positively with China because they're fearful that poor Indians may ask why couldn't they get the same economic human rights their Chinese brothers and sisters get from their country and government. The elites want to maintain the status quo which is maybe why they're more than happy to align themselves with the west because it allows them to peddle Superpower India that's perpetually a year or two away that actually may never arrive. But at least they already have the bogeyman to blamed when Indians are awakened from that fiction and that is China.

 

[Overbom]

Which is why the elite of India don't want their country to work positively with China because they're fearful that poor Indians may ask why couldn't they get the same economic human rights their Chinese brothers and sisters get from their country and government. The elites want to maintain the status quo which is maybe why they're more than happy to align themselves with the west because it allows them to peddle Superpower India that's perpetually a year or two away that actually may never arrive. But at least they already have the bogeyman to blamed when Indians are awakened from that fiction and that is China.

Also known as the caste system. As long as India won't seriously move away from this it will never make progress on its development goals