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Left Parties in India - Playing Spoil Sport?

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MadeinIndia
Okay, for all our Indian readers here at Frihost, I have a question for you guys. Do you support the Left parties in their protest against the Congress govt for it's talks with the US on Nuclear relationship?

I personally feel that Indians should kick out the traitor left parties, which are in fact Chinese puppets and take India forward. Whenever India was on path to development, Left had tried to scuttle that effort, right from the 1991 time when PV Narasimharao tried to globalize our economy and open it to world markets, these left parties protested. They were not even bothered with the fact that our foreign reserves at that time were dangerously low and our economy was nearly ruined! In spite of the left protests, the govt then went ahead and pursued economic reforms, see where we are today! We are the fourth largest economy in the world now and tipped to be the second largest in a few decades!

Now, another important moment has come in India's life! Acceptability into the Nuclear Club and the left is playing spoil sport! What do you guys think about this?
nivinjoy
MadeinIndia wrote:
Indians should kick out the traitor left parties



Yes you are right thats what we have to do...Whoever against the development of the nation or against any of the development programs are against the citizens of the nation...And such people should be pulled down and eliminated from the political area of the nation....
ThePolemistis
MadeinIndia wrote:
We are the fourth largest economy in the world now and tipped to be the second largest in a few decades!


India isnt the forth largest economy. Britain is.

Here is the list the way I remember it anwyays:

1. USA
2. Japan
3. Germany
4. Britain
5. France
6. China

Then Italy, Brazil, Canada, Mexico, RUssia are somewhere below that.

I dont even think India is in the top 10, no disrespect.
Liu
ThePolemistis wrote:
MadeinIndia wrote:
We are the fourth largest economy in the world now and tipped to be the second largest in a few decades!


India isnt the forth largest economy. Britain is.

Here is the list the way I remember it anwyays:

1. USA
2. Japan
3. Germany
4. Britain
5. France
6. China

Then Italy, Brazil, Canada, Mexico, RUssia are somewhere below that.

I dont even think India is in the top 10, no disrespect.

ThePolemistis is correct:

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29

Last edited by Liu on Thu Oct 11, 2007 10:01 am; edited 1 time in total
MadeinIndia
http://www.hindu.com/2004/12/30/stories/2004123002441800.htm

'India fourth largest economy'

WASHINGTON, DEC. 28. India has become the fourth largest economy in the world after the U.S., China and Japan, in that order, a media report says here. The U.S. accounts for 21.1 per cent of the world Gross Domestic Product, China 12.6 per cent, Japan 7 per cent, India 5.7 per cent, Germany 4.5 per cent, France 3.2 per cent, the U.K. 3.2 per cent, Italy 3 per cent, Brazil 2.8 per cent, Canada 1.9 per cent, Spain 1.8 per cent and Mexico 1.8 per cent, The Washington Times notes in its year-end review today.
Liu
MadeinIndia wrote:
http://www.hindu.com/2004/12/30/stories/2004123002441800.htm

'India fourth largest economy'

WASHINGTON, DEC. 28. India has become the fourth largest economy in the world after the U.S., China and Japan, in that order, a media report says here. The U.S. accounts for 21.1 per cent of the world Gross Domestic Product, China 12.6 per cent, Japan 7 per cent, India 5.7 per cent, Germany 4.5 per cent, France 3.2 per cent, the U.K. 3.2 per cent, Italy 3 per cent, Brazil 2.8 per cent, Canada 1.9 per cent, Spain 1.8 per cent and Mexico 1.8 per cent, The Washington Times notes in its year-end review today.

Your article is dated 2004. Last time I checked, it was 2007.

Try again.
ThePolemistis
MadeinIndia wrote:
http://www.hindu.com/2004/12/30/stories/2004123002441800.htm

'India fourth largest economy'

WASHINGTON, DEC. 28. India has become the fourth largest economy in the world after the U.S., China and Japan, in that order, a media report says here. [/b]


Any credible organisation that monitors GDP (ie. the World Bank or IMF) have never placed India as forth largest economy for any time period from her independence from British rule to present times (1947 - present).

I did a search on google and I cannot find any other sources other than this article that u present to prove your claim. I, in fact, question if the Washington Post actually produced such article as there is no indication of it.
MadeinIndia
http://en.wikipedia.org/wiki/Economy_of_India

http://www.economywatch.com/economies-in-top/top-ten-economies.html (This is in 2004 and India has risen much above the list for sure)


http://www.contractoruk.com/news/002195.html (This is in 2005, and am sure India is much on top of the list now)


AND ACCORDING TO WORLD BANK WEBSITE - IAM SURE THIS IS ENOUGH FOR YOU....


http://www.worldbank.org.in/WBSITE/EXTERNAL/COUNTRIES/SOUTHASIAEXT/INDIAEXTN/0,,contentMDK:20195738~menuPK:295591~pagePK:141137~piPK:141127~theSitePK:295584,00.html

# Become one of the world’s fastest growing economies with average growth rates of 8% over the past three years
# Emerged as a global player in information technology, business process outsourcing, telecommunications, and pharmaceuticals
# Is now the world’s fourth largest economy in purchasing power parity terms.


AND WHO SAID INDIA IS NOT EVEN IN TOP 10? OVER ALL INDIA IS ON 10TH POSITION AND ACCORDING TO PPP IT'S 4TH.
Plus....

http://www.nriol.com/content/snippets/snippet993.html

India retains fourth largest economy ranking

India has retained its fourth position in Gross Domestic Product in Purchasing Power Parity Terms according to the latest World Development Report of the World Bank. It retained its ranking with a GDP of $3.363 trillion at Purchasing Power Parity (PPP). The U.S. remains way ahead with 11,655 billion followed by China $7,170 billion and Japan $3,838 Billion. India is followed by Germany $2,310 billion in the fifth position.

India is however the tenth largest economy in the world in GDP ranking with a GDP of $691.9 billion at 2004 USD exchange rates. The countries huge population results in a relatively low per capita income which hovers at around $3,100. [/b]
MadeinIndia
ThePolemistis: By the way, what search engine do you use? Dogpile?
ThePolemistis
MadeinIndia wrote:

AND WHO SAID INDIA IS NOT EVEN IN TOP 10? OVER ALL INDIA IS ON 10TH POSITION AND ACCORDING TO PPP IT'S 4TH.
Plus....


Okay,,, I was talking about nominal GDP, and not GDP based on PPP.In nominal GDP, India is not placed in top 5 on the list.
In GDP based on PPP, it maybe forth.

MadeinIndia wrote:

We are the fourth largest economy in the world now and tipped to be the second largest in a few decades!


When people make the above statement, the general consensus is that they base it on nominal GDP.

So in conclusion:
India may as well be the fourth economy based on GDP PPP. However, when people say it is the fourth largest economy it is automatically assumed you are referring to nominal GDP. For instance, we say Japan is the second largest economy in the world even though under GDP PPP its placed third, but it is second because of its nominal GDP.

PS: I use google - not that it matters, it's just that your wordings should have been much more clearer.
coolclay
I am sorry but why would anyone want such a burden as Nuclear technology. It doesn't take you anywhere but down.
vineeth
See, in a democratic setup, you have to hear everyone. In my view, their hate for USA causes the fuss , not their concern about India's national security and integrity. If the deal was with China, wow... !
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