Why is India Still Poor?
How is it possible that a country with so much wealth, is still so poor?
I remember in the early 90's my mother hiding my Nintendo from customs as we flew into India. Customs would make us bleed if they caught us. Thankfully that's not the case anymore
meaning, 25-30 years ago if the police at the airport saw you had some expensive foreign goods, for example, a new video game sy em from England and America, they would make you pay a lot of tax! So much tax, it would be better to throw the video-game then have to pay so much!
Heres is the answer. Po iticians keep all the money to themselves.
I hope we can see India becoming a rich country soon, it has SO much pential
Yeah please India I want to immigrate to help the Industrialization
India's literary rate should be more than 95% then India can be rich
The british loed 47 trillion money from India but they didn't know to preserve it.
"Why is India poor?"- being an indian i've often asked wondered this question as well.
How could we, a vast, resource rich, diverse, and relatively large literate and educated population, be so backward compared to our contemporaries in asia like China or japan? We didnt even have any major conflicts on our soil, or any major civil war, or have our cities flattened or anything like that.
It is quite clear that despite many of our initial advantages, our leadership has squandered it.
Though kudos to uploading this on independence day, this is a good wake up call for all of us
For a year I was part of the Indian economic growth, I was training programmers in Bangalore while working for an American travel company. (I'm Polish)
British left India with 500+ provinces it's Indian army and sardar Patel who united all 500 provinces with force so British army never united India as you falsely misqued.
Why? Because India is too diverse and po iticians are corrupt! The first is objective reasons, and the second is subjective reasons.
When you have po iticians and bureaucrats like ours then you will know why India is still poor
Its really painful to watch this. Sadly, its true.
From my Pakistani friend, in his view it was the British who left the whole Pakistan vs India mess. Since Brits tend to leave a huge minefield mess in their former colonies
Another reason: indians like to play victim.
Ask any Indian why they are poor and 9/10 will say, " it's because of British, Mughals, etc.".
Playing victim directly means that you want someone else to help you rather than doing it yourself.
I mean, in 70 years we could have atleast reached to the level of canada.
Edit: I'm also an indian
It takes time to recover from everything being stolen from you for the last 300 years. Its only been 70 years since independence. We are still recovering. Our wealth is in England.
South Korea gained it's independence from Japan after WWII as well.
the Indian economy in PPP terms is 10 trillion (behind us and china) growing at about 7% annually if it continues which it should, so it would mean that by 2050 Indian economy will be around 45-50 trillion, bigger than us and just behind china, so acc to me they will soon be very rich
My company hire both Chinese and Indians . We are in courier business . Company policy : minimum 40 packages a day . If you deliver 60 + you will have a bonus . Result : all Indian deliver 40 , all Chinese deliver 60 .
I am just trying to point out difference in mentality. Indian trying to do as less work as possible in 8 hours, Chinese trying to earn as much as possible in 8 hours .
What nonsense. Brits brought a lot of innovations, factories, laws, technology to India.
British loed $45 trillion from India in today's value.