Quote:
Originally Posted by zraver
How much does a core-duo with 1 gig of ram computer cost you, airfare, a new car built to Amrican or European standards?
I bet if I go to the poorer nations like ohh Luxemburg, Holland, Canada, Austrailia etc I will find higher levels of cellphones, cars, computers, stocks, insurance etc. Guess what it's not the 12th century anymore and you need more than 2 water buffaloe and a few acres under cultivation to be considered wealthy. Technology is the new yard stick, and in this India is sadly lacking compared to developed nations.
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zraver you are using all wrong examples..
Indias telecom industry is growing upwards of 22%. Every quarter around 6-7 million new Cellphones are being added. This year alone, number of New Cellphones added will exceed entire population of Australia.
India's defence spending is around 2.5% of GDP. At its peak it was around 3.5%. Thats one of the lowest spending by a country surrounded ny unstable govt.
Funny its US and EU with all its hightech farming, High yield seeds, 10s of thousands of hectares of farms, which are heavily subsidizing the farmers. Wonder why?
Computers made in India (local ones not brand named) cost around 20-25% less than what it costs here in US.
For long India followed a economic policy which frowned on Individual wealth creation, shunned creativity, and we paid the price. It took a near economic catostrophy to correct the things. Remember the economic meltdown of South-east asia and what happend to all the export oriented 'Tiger Economies' like South Korea, Malaysia, Thailand etc? Look at how India withstood the storm.
None of these factor matter a damn in deciding the candidate for UNSC.