Japan in shock as India set to overtake Their Gdp ranking in 2025

[ST1976]

India is below per capita GDP terms than many African countries and talking of Pakistan, we aren't doing much better than them despite this supposedly being the worst economic period of their existence and this being our best. Our GDP per capita is barely twice that of Pakistan, now compare that to China which is 5 times more than ours. Even Bangladeshis next door who were less than half our GDP per capita like 10 years ago are now equal to us, so we don't really have much to gloat about. As for the topic itself, comparing India to Japan is a joke, one is a manufacturing superpower, one of the cleanest countries in the world that fell into decay because they decided to have less kids and one is a country that lacks toilet ranks 100 on hunger index and is rated one of the filthiest countries in the world.

sir, first we have list of GDP on PPP as below, here India is listed at no 3, with GDP above $16.0tn+

List of countries by GDP (PPP) - Wikipedia

en.wikipedia.org

here, how many African-Asian countries are above India? note down, GDP of developing countries have a large share of 'undocumented' part of GDP. the ratio of GDP we dont document

with reference of post#104, we find Indian Middle Class at 31% at present, which is projected to grow to 38% by 2031..........

=> we were discussing, at least since 70s to early 90s, Per Capita Income of Pakistan was higher than India and the India's per capita income was higher than China till early 90s....
dont think China is far away during this little time since early 90s, while Japan? such a heavily indebted economy. I would Choose Indian economy as compared to Japan's with what they are at present

 

[ST1976]

India is below per capita GDP terms than many African countries and talking of Pakistan, we aren't doing much better than them despite this supposedly being the worst economic period of their existence and this being our best. Our GDP per capita is barely twice that of Pakistan, now compare that to China which is 5 times more than ours. Even Bangladeshis next door who were less than half our GDP per capita like 10 years ago are now equal to us, so we don't really have much to gloat about. As for the topic itself, comparing India to Japan is a joke, one is a manufacturing superpower, one of the cleanest countries in the world that fell into decay because they decided to have less kids and one is a country that lacks toilet ranks 100 on hunger index and is rated one of the filthiest countries in the world.

I'll be very honest here. There is no point in this chest beating, about who has more millionaires. India would obviously have more HNI considering its population and widespread economic inequality.
Japan is a post industrial society with a much smaller population. They have their own problems but way different requirements and geopolitical concerns. But they as a society are way beyond us.

India and Japan cannot be equated together. While India has crossed various milestones it's too early to celebrate, the widespread inequality, unemployment and the countless internal problems needs to be solved first. Maybe in the next couple of decades we'll get close to US/China standards but it's a long way to go.

here we have a news about growing economic power of India

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India's cabinet on Wednesday approved a proposal to spend 11.8 trillion rupees ($142 billion) to extend a free food program for about 800 million beneficiaries for five years.

Bloomberg - Are you a robot?

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=> Under the Pradhan Mantri Awas Yojana - Gramin (PMAY-G), the Government has set an ambitious target to build 3.32 crore houses. As of November 19, 2024, 3.21 crore houses have been sanctioned, and 2.67 crore houses have been completed, significantly improving the living conditions of millions of rural families.

The PMAY, in the last 10 years, has ensured 4.21 crore houses for eligible economically poor families, according to the latest government figures.

Modi 3.0 approves 3 cr more houses under PM Awas Yojana in rural & urban India

Two crore of these could come up in rural areas. Plan to provide relief on interest charged on home loans to eligible beneficiaries in urban areas in the works.

theprint.in

 

[ST1976]

When China's GDP overtook Japan's in 2010, the same year China became the world biggest manufacturing nation overtaking US, and was about to become the world biggest trading nation in 2013，years after becoming the biggest foreign reserve nation in 2006, two years after Beijing Olympic Games in 2008..
We see none of them happen in today's India, this so called "overtaking" doesn't have much substance in real life.

Buddy It has substance in India
Instead of heading for 4th place they could be languishing in tenth or twentieth

There is a upward trajectory and it's constantly consistently rising up the ladder

Down play it all you like it's happening regardless

how you see my post#107, here, the growing economic power of India is meant to provide Free Rashan/food and houses for economic poor people?

India has infused its hefty strength in these 2 major areas of Indian society.........

if India is rising then how its poor get benefits? how you people would respond these 2 initiatives by Indian government. the Free Rashan/Food and houses for economic poor people, post#107?

 

[ST1976]

India is below per capita GDP terms than many African countries and talking of Pakistan, we aren't doing much better than them despite this supposedly being the worst economic period of their existence and this being our best. Our GDP per capita is barely twice that of Pakistan, now compare that to China which is 5 times more than ours. Even Bangladeshis next door who were less than half our GDP per capita like 10 years ago are now equal to us, so we don't really have much to gloat about. As for the topic itself, comparing India to Japan is a joke, one is a manufacturing superpower, one of the cleanest countries in the world that fell into decay because they decided to have less kids and one is a country that lacks toilet ranks 100 on hunger index and is rated one of the filthiest countries in the world.

Sir, with reference of post#107, how many countries would be in world where we have Free Food program for poor like India?
With reference to same post#107, how many countries are building houses for poor

 

[UKBengali]

I'll be very honest here. There is no point in this chest beating, about who has more millionaires. India would obviously have more HNI considering its population and widespread economic inequality.
Japan is a post industrial society with a much smaller population. They have their own problems but way different requirements and geopolitical concerns. But they as a society are way beyond us.

India and Japan cannot be equated together. While India has crossed various milestones it's too early to celebrate, the widespread inequality, unemployment and the countless internal problems needs to be solved first. Maybe in the next couple of decades we'll get close to US/China standards but it's a long way to go.

Not really.

US and China will both be highly developed and rich countries.

India may reach high "middle-income" status which would still be excellent for a country of its size,

It would have comprehensive and modern infrastructure, widespread availability of excellent medical care and a comprehensive social safety net.

 

[Liquidator]

Just seen a Japanese patient admitted to local psychiatric hospital for severe PTSD. Completely treatment resistant in community. Almost catatonic now.

He must have heard this news. No other explanation.

 

[kambhakt]

The PMAY, in the last 10 years, has ensured 4.21 crore houses for eligible economically poor families, according to the latest government figures.

What this says is that there are at least 4.21 crore economically poor families in India. And assuming 5 person per family, that would mean 21 crore poor. Maybe we should first get this number down significantly before doing any comparison.

 

[ST1976]

What this says is that there are at least 4.21 crore economically poor families in India. And assuming 5 person per family, that would mean 21 crore poor. Maybe we should first get this number down significantly before doing any comparison.

The information about number of Pucca Houses for economic poor people of India is found on many places, On many national newspapers. It looks true

 

[KimExit]

What this says is that there are at least 4.21 crore economically poor families in India. And assuming 5 person per family, that would mean 21 crore poor. Maybe we should first get this number down significantly before doing any comparison.

This also means that there are 42.1 MILLION new homes in India for all those poor families that did not have a cement and concrete house.

Assuming 5 people in a family (including parents), that would mean more than 210 Million Indians has new cement and concrete house with cement roofs and their house deeds registered to the women of the family.

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[ST1976]

What this says is that there are at least 4.21 crore economically poor families in India. And assuming 5 person per family, that would mean 21 crore poor. Maybe we should first get this number down significantly before doing any comparison.

This also means that there are 42.1 MILLION new homes in India for all those poor families that did not have a cement and concrete house.

Assuming 5 people in a family (including parents), that would mean more than 210 Million Indians has new cement and concrete house with cement roofs and their house deeds registered to the women of the family.

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you might have google and see how these houses look like.....
this Plan is of two parts, one for Urban houses and one for Rural houses

i show you pictures here.

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Pradhan Mantri Awas Yojana 2024

Pradhan Mantri Awas Yojana (PMAY) 2024 continues its venture to provide low priced housing for all with the aid of 2022, now extending efforts to make certain housing for extra beneficiaries. This initiative specializes in economically weaker sections, low-profits agencies, and middle-profits...

www.investormart.co.in

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https://pmay-urban.gov.in/uploads/presentations/Karnataka_CSMC.pdf

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Pradhan Mantri Awas Yojana: Centre Approves 1.12 Lakh More Houses

Last month, the committee also sanctioned construction of 2.67 lakh affordable houses for the poor in 10 states.

www.ndtvprofit.com

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https://www.hindustantimes.com/budget/budget-2024-interest-subsidy-returns-under-pm-awas-yojana-2-0-urban-budget-2024-101721745675222.html

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Pradhan Mantri Awas Yojana (PMAY) Urban 2.0 Scheme: Eligibility to apply, beneficiaries, interest subsidy for homebuyers - BusinessToday

The Pradhan Mantri Awas Yojana - Urban 2.0 (PMAY-U 2.0) is a government initiative aimed at providing financial assistance to middle-class and urban impoverished families.

www.businesstoday.in

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Pradhan Mantri Awas Yojna Bavla

Pradhan Mantri Awas Yojna Bavla. 609 likes. This is the official page of Pradhan Mantri Awas Yojna Bavla. Here You can get updated information of activities under Pradhan Mantri Awas Yojna.

www.facebook.com

.

 

[ST1976]

This also means that there are 42.1 MILLION new homes in India for all those poor families that did not have a cement and concrete house.

What this says is that there are at least 4.21 crore economically poor families in India. And assuming 5 person per family, that would mean 21 crore poor. Maybe we should first get this number down significantly before doing any comparison.

you both would see the link as below: you scroll down then it has many related pictures

https://pmay-urban.gov.in/uploads/presentations/Karnataka_CSMC.pdf

this details many pictures and how this projects has different similar references
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Two crore more rural houses; new scheme to aid ‘deserving’ urban homebuyers

In her Budget speech, Sitharaman said that despite the challenges due to Covid-19, implementation of PMAY-G continued and the government is close to achieving the target of three crore houses.

indianexpress.com

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https://www.moneycontrol.com/news/business/real-estate/over-3-lakh-more-affordable-homes-sanctioned-under-pradhan-mantri-awas-yojana-2632831.html

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https://www.aninews.in/news/national/general-news/14-lakh-houses-built-in-gujarat-in-nine-years-under-pradhan-mantri-awas-yojana20240910145415/

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=> https://www.jagran.com/uttar-prades...by-pm-narendra-modi-on-august15-23436648.html
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PM Awas Yojna: Apply Online and Get a Pucca House with Government Assistance - Breaking News & Live Updates Today - TIMESBULL

PM Awas Yojna: The Government of India has launched the Pradhan Mantri Awas Yojana for those citizens who do not have a pucca house. Under this scheme, Latest breaking news, live updates, and exclusive coverage on TIMESBULL. Read full story now.

www.timesbull.com

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PM housing scheme to be completed by December | Know how to apply, check status, eligibility? All DETAILS

Pradhan Mantri Awas Yojana: The mission launched by the Centre is expected to be completed by December this year with the target to construct 29.3 million houses for all rural poor.

www.indiatvnews.com

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Pradhan Mantri Awas Yojana Helpline Number (Toll Free Number) - Pradhan Mantri Awas Yojana

Pradhan Mantri Awas Yojana Helpline Number (Toll Free Number) are 1800-11-6446, 1800-11-3377 , 1800-11-3388 and 1800-11-6163 If you are facing any sort of trouble with Pradhan Mantri Awas Yojana or PMAY, then you can contact the officials directly. Several types of information are available on...

www.pmawasyojana.co.in

 

[FuturePAF]

The Japanese are too comfortable, “to try to learn from the best” (not my words but those of a Japanese person), as they use to aim to do up until the 90s. This is how South Korea surpassed Japan in many aspects.

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Poland is also set to surpass Germany, because their society is also oriented to achieve maximal competitiveness and not offer the amenities to prioritize keeping pace despite their high labor costs.

France is the only Western European country still trying to find a way to be competitive.

 

[ST1976]

Not really.

US and China will both be highly developed and rich countries.

India may reach high "middle-income" status which would still be excellent for a country of its size,

It would have comprehensive and modern infrastructure, widespread availability of excellent medical care and a comprehensive social safety net.

i was discussing, Per capita income of Pakistan was higher than India till 1990-91 and India's per capita income was higher than China till the same period....

here, story of India-China is more than this. .... growth of China is highly dependent on export order while that of India is mostly based on Home Demand. the OECD economies are not going to stand by on long run, a real fall on external market and we all will back to early 90s level

 

[ST1976]

Not really.

US and China will both be highly developed and rich countries.

India may reach high "middle-income" status which would still be excellent for a country of its size,

It would have comprehensive and modern infrastructure, widespread availability of excellent medical care and a comprehensive social safety net.

hows going bro? how you see post#107 as below.-
its about free food grains for economically poor people of India. we heard Indian government may offer few more items like 'Potato', but the Rashan like 'Daal' is what India couldn't afford....

its promised that now India will not back from its free Rashan scheme throughout the century. whatever could be offered, the government is providing in free food scheme...
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=>
India's cabinet on Wednesday approved a proposal to spend 11.8 trillion rupees ($142 billion) to extend a free food program for about 800 million beneficiaries for five years.

India Allots $142 Billion for Free Grains to 800 Million People​

India’s cabinet on Wednesday approved a proposal to spend 11.8 trillion rupees ($142 billion) to extend a free food program for about 800 million beneficiaries for five years.

www.bloomberg.com
.

 

[ST1976]

India is below per capita GDP terms than many African countries and talking of Pakistan, we aren't doing much better than them despite this supposedly being the worst economic period of their existence and this being our best. Our GDP per capita is barely twice that of Pakistan, now compare that to China which is 5 times more than ours. Even Bangladeshis next door who were less than half our GDP per capita like 10 years ago are now equal to us, so we don't really have much to gloat about. As for the topic itself, comparing India to Japan is a joke, one is a manufacturing superpower, one of the cleanest countries in the world that fell into decay because they decided to have less kids and one is a country that lacks toilet ranks 100 on hunger index and is rated one of the filthiest countries in the world.

Property Price Comparision between India and Australia

i was discussing, the property price of even Lucknow, capital of UP, is nearly level to Sydney-Melbourne in exchange rate term....... while that of Delhi-Mumbai is very high. Sydney-Melbourne's property prices don't match with Delhi-Mumbai in exchange rate term also

how we see this property price comparison between India and Australia? how about Japan, how would be their property price comparison with India?