why do you think India is so poor?
477246
Poooor???????????????\nFew facts about India to open your eyes:\nIndia was the richest country on Earth until the time of the British in the early 17th Century\nIt has been estimated that the total amount of treasure that the British looted from India had already reached £1,000,000,000 (£1Billion) by 1901.\n  Taking into consideration interest rates and inflation this would be worth close to $1,000,000,000,000 ($1Trillion) in real-terms today.\nIndia's GDP will reach $ 1 trillion by 2011, \n$ 2 trillion by 2020, \n$ 3 trillion by 2025, \n$ 6 trillion by 2032, \n$ 10 trillion by 2038, and \n$ 27 trillion by 2050, \nbecoming the 3rd largest economy after USA and China. \nIn terms of GDP, India will overtake Italy by the year 2016, France by 2019, UK by 2022, \nGermany by 2023, and Japan by 2032.\nProgress during the last 20 years\nPoverty (incidence)\n1980s-44%1990s-  36%2000-   26%\n\nEducation (literacy rate)\n1980s-44%1990s-52%2000-  65%\n\nHealth (life expectancy)\n1980s-561990s-602000- 69\n\nIndia is set to overtake China as the world's most populous nation by 2050.\nIndia’s population is expected to grow from 1.08bn to 1.63bn people, overtaking China, which is forecast to reach 1.44bn from 1.3bn currently. \nIndia, will also have the highest working population in the World — 700 million people out of 1.1 billion people are young; the young population will continue till 2050. \n§§World-renowned TQM expert Yasutoshi Washio predicts that Indian manufacturing quality will overtake that of Japan in 2013.\n§§McKinsey believes India's revenues from the IT                                     industry will reach $87 Billion by 2008.\n§§Flextronics, the $14 billion                            global major in Electronic Manufacturing Services, has announced that it will make India a global competence centre for telecom software development.\n§Tata Motors paid $ 118 million to buy Daewoo commercial vehicle Company of Korea. \n§§Ranbaxy, the largest Indian pharmaceutical company, gets 70% of its $1 billion revenue from overseas operations and 40% from USA.  \n§§Tata Tea has bought Tetley of UK for £260M. \n§§India is one of the world's largest diamond cutting and polishing centres, its exports were worth $6 Billion in 1999.§About 9 out of 10 diamond stones sold anywhere in the world, pass through India.\n§§Garment exports are expected to increase from the current level of $6 billion to  $25 billion by 2010.\n§§The country's foreign exchange reserves stand at an all-time high of $120 Billion.\n\n§§Mobile phones are growing by about 1.5Million a month. Long distance rates are down by two-thirds in five years and by 80% for data transmission.\n§§Wal-Mart sources $1 Billion worth of goods from India - half its apparel.  Wal-Mart expects this to increase to $10 Billion in the next couple of years.§§GAP sources about $600 million and Hilfiger $100 million worth of apparel from India.\n§India is among six countries that launch satellites and do so even for Germany, Belgium, South Korea, Singapore and EU countries.\n§§India's INSAT is among the world's largest                                                    domestic satellite communication systems.\n§§India’s Geosynchronous Satellite Launch Vehicle (GSLV) was indigenously manufactured with most of the components like motor cases, inter-stages, heat shield, cryogenic engine, electronic modules all manufactured by public and private Indian industry.\n§§Kalpana Chawla was one of the seven astronauts in the Columbia space shuttle                          when it disintegrated over Texas skies just 16 minutesbefore its scheduled landing on Feb 1st 2003, she was the second Indian in space.\n§Back in 1968, India imported 9M tonnes of food-grains to support its people, through a grand programme of national self-sufficiency which started in 1971, today, it now has a food grain surplus stock of 60M.§India is among the 3 countries in
320295
It's not forgotten in fact it's one of the riches countries....There is just a huge gap between the poor and the rich. The rich are extremely rich and the poor are extremely poor. They don't have a true middle class.
309791
There are a number of reasons. The riches are exploiting the poor. In the industries the workers are not getting their remuneration according to the labor they provide there. The rich countries are exploiting the developing counties. Corruption is another reason. The person who has power in hand earns money through corruption and that money belongs to the people of the country. If the money is properly distributed among the people there can not be any poverty in the world.
921284
are you serious they don't have jobs for the citizens. that is the poorest country on earth.
441800
Personally i think the best way to close the poverty gap is for companies to invest industries in 3rd world countries. But the problem is that tax is unbelievable high in those countries thus companies don't have an incentive to invest there. Also the countries should start to become self sufficient so they rely less on hand out. Any aid give to 3rd world countries should be given organisation that work directly in the country not the goverment.
721303
Your comment reminds me of a Star Trek episode.  There is a planet on which most of the population has to work in harsh mining conditions to support the Cloud City Dwellers, a fantastically advanced city that floats above the planet.  The hard work of the people on the planet surface support the fortunate cloud city inhabitants.  The workers below live a harsh, unpleasant life.  The people in the floating city live a life of luxury.\n\nIt is the lower castes in India that make possible the life the elites there enjoy.\n\nAs you can see, I carefully sidestepped your question. Why? Because your supposition may be, in the short term, correct. India may not benefit globally in the short run, but eventually it will have to address this permanent underclass and fix these inequalities.
672703
Without being too invasive or rude, I dont really know what is going on in dheli. There are people driving their cars, vans and lorries at top speed, beeping their horns and going thru red lights, and you are worried about a move towards communism? Did you ever stop to think that maybe communism is EXACTLY what India needs to become the rich, prosperous country we all know it can be. Its the corrupt government that let india down. Look at places like chadigarah - a communist state - one of the most beautiful cities in india. There is no welfare state - that means no government support for unemployed, sick or poor. Fix up and take a stand. As a british born Indian woman - I wish i could do more to help my motherland become then best it can be.
410343
it has to do with economic growth of a nation, i.e asset over liability, when her liability is more than its asset, such economy is said to be under developed.in order words they are poor.
661657
I AGREE THAT CRICKET IS MINIMUM COST ENTERTAINMENT FOR POOR PEOPLE.\nIT IS NOT MENT TO KILL TIME.\n\nBUT IT CONSUMES INDIAN'S PRECIOUS TIME.
194977
India has a population of over 1 billion. Define common? I was there on vacation and the poverty is terrible. If the person is "middle classs" common then they need to use their abilities/brains/abilities to push forward their progress. Now is a time of importance for India. They have to use all their resources cause everyone is looking at them.
607908
India is still considered as a developing country. I think its gonna take a long time before it can be declared as a developed country.
1015469
right now all the countries care about showing off their powers and not really thinking about what they definitely need to improve on. I'm originally from india and as u have probably heard that india's economy is improving dramatically. Well, if you ask me, it difinitely is improving army bases business but a majority of the poor is still in india.
410923
I'm curious why are there so many people from India on this website? As for the question...\nyes but\non an income basis.
545299
I don't know. India is a great place. It looks like it is dirty because it is poor. Being poor is not a crime, is it?\n\nIt is poor because it is over populated, and not enough money to go around to all the people.\n\nI think "Born-on-earth" is a F****** As***** for saying that. Just because of some people, you cannot stereotype the whole East.
347068
The reservation system is based on caste ...... proving india is biased towardst eh caste system .... it should be the survival of the fittest ... raise taxes and open charitable schools for the lower castes if the need be but at least give the bright people a chance ........ the present situation gives the dumbest a chance while the average is turned into a dumb person .........\n\nits pathetic
453568
There are many issues causing poverty - there is inequality, human rights issues, lack of education, lack of access to information, unfair trade practices ... so reducing poverty in this millenium is a difficult although attainable goal.  There's also talk of the Milllenium Development Goals which multialteral development insitutions are inviting all governments and NGOs to help in achieving. I hope this will help you attend that lecture better.
426651
INDIA IS A POOR COUNTRY WITH A MASSIVE POPULATION. PLUS INDIA HAS A HIGH RATE OF AIDS CASES.