Pakistan included in G20 debt relief plan

[AamchiMumbaikar]

Not sure how can one feel proud where 100s of millions are below poverty line. It's not just that, half the population as per reliable resources don't have access to toilet, so such countries pretending to be some donator at international stage is rather comical. I would feel the same if Pakistan was claiming such claims as well. When your own house is dire poor and half the population struggle to survive daily then such "donation" acts one can only face palm on and laugh about.

India is a third world poor country so don't try hard to pretend to be something that you are not. Don't compare your 100s of millions to the homeless of US or any Western countries. You are far far behind Western countries, infact the whole subcontinent is light years behind.

It's ok. Do you know what is more shameful? Living on foreign funds even though your country has potential.

 

[Kriketer]

Ofcourse. No one is keen to enter that. I just pointed to that statement about right g7.

Canada and Italy are not big enough now a days and lag when compared to China and India. Fact.

If you asked majority of Indians in India if they would like to settle in a place like Canada...we know exactly what their answer would be. And if we asked majority or heck all of Canadians including Indian Canadians if they would like to resettle in India....we know very well what there answer would be. That's the huge difference between a first world nation and a third world poor country.

This G7 or G20 rating means nothing when it comes to half a billion living through the poorest of conditions, where they can't even feed themselves three times a day and where they don't even have access to toilet.

Many European countries are not part of this so called "great" list of 7 or 20 or whatever, but they are light years ahead of India when it comes to social standing, wealth distribution, standard of living, food on the table, jobless market etc etc.

Indians are comical when you take pride over such useless stuff. It's expected of you but we can see the nationalism all over social media by Indians over anything Indian related. Get off your high horse and stop doing the silly chest thumping. You are just an extremely poor country. Work on uplifting livings of a billion first.

 

[Kriketer]

It's ok. Do you know what is more shameful? Living on foreign funds even though your country has potential.

We are not the ones doing chest thumping, neither making comical claims of how great our country is when ground reality is completely different.

Foreign funds also comes in the form of Bill Gates Foundation in millions of dollars to a certain country for sanitation crisis, along with all other kind of millions of dollar donations and loans.

 

[Bewal Express]

We are not the ones doing chest thumping, neither making comical claims of how great our country is when ground reality is completely different.

Foreign funds also comes in the form of Bill Gates Foundation in millions of dollars to a certain country for sanitation crisis, along with all other kind of millions of dollar donations and loans.

The Hindutuva are delusional. And as the economy contracts these same losers will blame the Muslims in India.

 

[AamchiMumbaikar]

If you asked majority of Indians in India if they would like to settle in a place like Canada...we know exactly what their answer would be. And if we asked majority or heck all of Canadians including Indian Canadians if they would like to resettle in India....we know very well what there answer would be. That's the huge difference between a first world nation and a third world poor country.

This G7 or G20 rating means nothing when it comes to half a billion living through the poorest of conditions, where they can't even feed themselves three times a day and where they don't even have access to toilet.

Many European countries are not part of this so called "great" list of 7 or 20 or whatever, but they are light years ahead of India when it comes to social standing, wealth distribution, standard of living, food on the table, jobless market etc etc.

Indians are comical when you take pride over such useless stuff. It's expected of you but we can see the nationalism all over social media by Indians over anything Indian related. Get off your high horse and stop doing the silly chest thumping. You are just an extremely poor country. Work on uplifting livings of a billion first.

Do not worry, government is working on it. Even many Chinese would migrate if given a chance, still that does make them less powerful.

Hope you get the point.

 

[AamchiMumbaikar]

The Hindutuva are delusional. And as the economy contracts these same losers will blame the Muslims in India.

Just like every muslim is not a jihadi, every person who is nationalistic from India is not driven by hindutva. Hope you get the difference.

 

[AamchiMumbaikar]

We are not the ones doing chest thumping, neither making comical claims of how great our country is when ground reality is completely different.

Foreign funds also comes in the form of Bill Gates Foundation in millions of dollars to a certain country for sanitation crisis, along with all other kind of millions of dollar donations and loans.

Those funds go to the NGO's. Funds which come to Pak are for running the state :faceplam:

 

[Bewal Express]

Those funds go to the NGO's. Funds which come to Pak are for running the state :faceplam:

The NGOs do the job that your state should do like feed its people.

 

[Itachi]

The NGOs do the job that your state should do like feed its people.

The role of state isn't to feed its people. It's role is to give them opportunities and based upon that, people will feed themselves. You have your theory wrong here.

 

[MenInG]

IMF clarifies $1.4 billion Covid-19 aid to Pakistan is additional to $6bn bailout package

The International Monetary Fund (IMF) has clarified that the $1.4 billion it has approved for Pakistan to help it address the economic impact of the Covid-19 crisis is additional to the $6 billion Extended Fund Facility (EFF) that was approved for the country last year.

"The EFF remains in place. Staff & authorities continue to work closely to bring the second review to the IMF Board as soon as possible," it said in a tweet.

 

[AamchiMumbaikar]

The NGOs do the job that your state should do like feed its people.

Have you ever lived in India ? We are not a single religion nation, most funds which come to NGO's are for dalit xian groups and muslims. They have their own agendas. It is a different topic.

 

[Kriketer]

Do not worry, government is working on it. Even many Chinese would migrate if given a chance, still that does make them less powerful.

Hope you get the point.

I am not worried, not sure what gave you that notion. Only sharing my thoughts about the factual status of your poor nation and that don't bother comparing yourself to better countries because you are nothing like them.

Be it China or India, although China is far far ahead of India and have many basic necessities covered for majority of its citizens, both countries do lack what first world nations don't, so my point remains you are a poor country so don't be delusional. As for your government comment, since the time your current facist government got into the office your country has economically and socially only slipped downwards, so not sure what is this grand plan/work of your governemt you are referring to.

Simple point you are poor, hence you can only pretend to be something else. Hope you get the point.

 

[jusarrived]

The NGOs do the job that your state should do like feed its people.

Yes we uplifted more than 100 million people from poverty just the last decade with the help of 98 mil pounds Britain sends to these NGOs .

 

[Kriketer]

Those funds go to the NGO's. Funds which come to Pak are for running the state :faceplam:

Running the state funds that don't go to half a billion to uplift their daily living from extreme poor conditions? That's an epic face-palm.

Don't try too hard with this scenario, you guys are only making it a bigger joke. Don't blindly defend just because it's "Indian"

 

[AamchiMumbaikar]

I am not worried, not sure what gave you that notion. Only sharing my thoughts about the factual status of your poor nation and that don't bother comparing yourself to better countries because you are nothing like them.

Be it China or India, although China is far far ahead of India and have many basic necessities covered for majority of its citizens, both countries do lack what first world nations don't, so my point remains you are a poor country so don't be delusional. As for your government comment, since the time your current facist government got into the office your country has economically and socially only slipped downwards, so not sure what is this grand plan/work of your governemt you are referring to.

Simple point you are poor, hence you can only pretend to be something else. Hope you get the point.

Again, we have poor people but not poor as a nation. You can twist that statement and keep repeating the same.

 

[AamchiMumbaikar]

Running the state funds that don't go to half a billion to uplift their daily living from extreme poor conditions? That's an epic face-palm.

Don't try too hard with this scenario, you guys are only making it a bigger joke. Don't blindly defend just because it's "Indian"

I live in this country so I know better. There is nothing to defend here. Poor people will not vanish in a year, it will take time.

Why are you folks mixing a nation's economy to its head count of poor people? Is it because that's the only point in favour of your argument?

 

[treker747]

Thanks for diverting the thread with useless chest thumping by Hindutva. Pakistan didn't take any loans from India so you can rest easy that no benefit is going from India to Pakistan.

 

[AamchiMumbaikar]

Thanks for diverting the thread with useless chest thumping by Hindutva. Pakistan didn't take any loans from India so you can rest easy that no benefit is going from India to Pakistan.

India is part of G20.
Calling out facts is not chest thumping mate

 

[cricketjoshila]

Few pakistanis may try as much as they want, the world view doesn't hyphenate indian and pakistani economy. One is surviving on IMF bailouts and the other is supposed to one of the few economies that will grow even in this crisis.

The pakistani view on Indian economy is as significant as Imran Khans tweets on India.

 

[Kriketer]

I live in this country so I know better. There is nothing to defend here. Poor people will not vanish in a year, it will take time.

Why are you folks mixing a nation's economy to its head count of poor people? Is it because that's the only point in favour of your argument?

If majority of the billion are poor, don't have proper infrastructure country wide, have millions living in slumps, have massive cleanliness and sanitation crisis all over the nation, over population crisis, have no fair wealth distribution system etc etc, I don't know what economy you are bragging about? Yes India is a big economy since its a big consumer market but that doesn't make it a rich country.

Many economies are booming economies like Brazil, Nigeria, Russia etc, but that doesn't make them a rich country. Majority of booming economies have much better living conditions than half a billion in India. That's the difference which makes your standing worse. Don't know what is so hard about a simple fact.

If you were so rich and powerful, you wouldn't have millions of Indians running away from the country. They are literally all around the world for better standards of living because they wanted to escape a "poor" country.

 

[Syed1]

If majority of the billion are poor, don't have proper infrastructure country wide, have millions living in slumps, have massive cleanliness and sanitation crisis all over the nation, over population crisis, have no fair wealth distribution system etc etc, I don't know what economy you are bragging about? Yes India is a big economy since its a big consumer market but that doesn't make it a rich country.

Many economies are booming economies like Brazil, Nigeria, Russia etc, but that doesn't make them a rich country. Majority of booming economies have much better living conditions than half a billion in India. That's the difference which makes your standing worse. Don't know what is so hard about a simple fact.

If you were so rich and powerful, you wouldn't have millions of Indians running away from the country. They are literally all around the world for better standards of living because they wanted to escape a "poor" country.

Indians are literally the largest or second largest immigrant group in most countries of the world. Heck you will even find Indians immigrating to small post-Soviet era European countries who themselves are poor.


Then we have these chestthumpers come on here and claim India is rich )

 

[AamchiMumbaikar]

If majority of the billion are poor, don't have proper infrastructure country wide, have millions living in slumps, have massive cleanliness and sanitation crisis all over the nation, over population crisis, have no fair wealth distribution system etc etc, I don't know what economy you are bragging about? Yes India is a big economy since its a big consumer market but that doesn't make it a rich country.

Many economies are booming economies like Brazil, Nigeria, Russia etc, but that doesn't make them a rich country. Majority of booming economies have much better living conditions than half a billion in India. That's the difference which makes your standing worse. Don't know what is so hard about a simple fact.

If you were so rich and powerful, you wouldn't have millions of Indians running away from the country. They are literally all around the world for better standards of living because they wanted to escape a "poor" country.

Your question has the answer. Population is s major reason for immigration even though they can make a good living.

Once again our economy is strong and powerful , no one is delusional calling the country rich or all Indians.

 

[cricketjoshila]

Indians are literally the largest or second largest immigrant group in most countries of the world. Heck you will even find Indians immigrating to small post-Soviet era European countries who themselves are poor.


Then we have these chestthumpers come on here and claim India is rich )

China has one of the largest diasporaay be 2nd or third. By your logic China is poor.

 

[Syed1]

China has one of the largest diasporaay be 2nd or third. By your logic China is poor.

China used to be poor, way poorer than any South Asian country barring BD and Ind. Now they are very very rich and infact the number of Chinese immigrating to other countries is steadily falling while Indians are falling over each other to leave Shining India.

 

[Bewal Express]

Yes we uplifted more than 100 million people from poverty just the last decade with the help of 98 mil pounds Britain sends to these NGOs .

It just leaves another 1/2 billion to go. When you do, come and tell us how rich you are, otherwise stay stum.

 

[AamchiMumbaikar]

It just leaves another 1/2 billion to go. When you do, come and tell us how rich you are, otherwise stay stum.

0.22 billion to be precise below poverty line.

 

[Bewal Express]

Have you ever lived in India ? We are not a single religion nation, most funds which come to NGO's are for dalit xian groups and muslims. They have their own agendas. It is a different topic.

Yes, they are not your citizens, they are not human, they don't count. What a pathetic fascist reply

 

[Bewal Express]

0.22 billion to be precise below poverty line.

That is the same as our population. That is horrific, you should be ashamed.

 

[Mesozoic]

That is the same as our population. That is horrific, you should be ashamed.

No need to be ashamed pal. It came down from 0.5 billion in a decade and it's only going to come down in the future. But make sure you lot reach a stage where your PM don't have to ask for bailouts day in day out.

 

[Itachi]

That is the same as our population. That is horrific, you should be ashamed.

ashamed of poverty?

 

[Bilal_103]

what I fail to understand is why cant Indians just accept the fact that india is STILL a developing country and until they eradicate poverty and provide a decent lifestyle for most of their population they will be still be considered that. Even if india ends up with the biggest economy in the world it wont change the fact you have 100s of millions people who are living in poverty.

 

[Bewal Express]

ashamed of poverty?

Yes, ashamed of poverty in apparently a rich country. Does any other G anything have so many people on the breadline?

 

[Bewal Express]

No need to be ashamed pal. It came down from 0.5 billion in a decade and it's only going to come down in the future. But make sure you lot reach a stage where your PM don't have to ask for bailouts day in day out.

So you are proud of this figure. Keep up the good work.

 

[Bewal Express]

what I fail to understand is why cant Indians just accept the fact that india is STILL a developing country and until they eradicate poverty and provide a decent lifestyle for most of their population they will be still be considered that. Even if india ends up with the biggest economy in the world it wont change the fact you have 100s of millions people who are living in poverty.

But that would destroy their Hindutuva illusions of grandeur. They are celebrating 100s of millions in poverty, remember this is absolute poverty, I bet the real figure is double that.

 

[Bewal Express]

0.22 billion to be precise below poverty line.

Btw that is absolute poverty, some of which according to the Hindutuva are don't count as they are Muslims and Dalits. You have no shame

 

[Itachi]

Yes, ashamed of poverty in apparently a rich country. Does any other G anything have so many people on the breadline?

If you accept your weakness, your flaws.... That doesn't make you failure. It just means you are embracing so that you can improve upon yourself.

 

[jusarrived]

It just leaves another 1/2 billion to go. When you do, come and tell us how rich you are, otherwise stay stum.

Well it’s not half a billion and we will continue to celebrate as these numbers keep going down and hopefully to zero in next 2 decades .

 

[Bewal Express]

If you accept your weakness, your flaws.... That doesn't make you failure. It just means you are embracing so that you can improve upon yourself.

I agree, so why this boasting. Comeback and taunt when you are actually a wealthy nation, at the moment you are 3rd Worid country and nothing more.

 

[Bewal Express]

Few pakistanis may try as much as they want, the world view doesn't hyphenate indian and pakistani economy. One is surviving on IMF bailouts and the other is supposed to one of the few economies that will grow even in this crisis.

The pakistani view on Indian economy is as significant as Imran Khans tweets on India.

Can you tell why us India has begging the Worid? Your debt external debt is 5.5 times higher than ours. I suggest you stop begging the World. That figure is horrendous

 

[jusarrived]

Can you tell why us India has begging the Worid? Your debt external debt is 5.5 times higher than ours. I suggest you stop begging the World. That figure is horrendous

Where was India begging the world ?

 

[Bewal Express]

Where was India begging the world ?

Oh I see, when you borrowed a 1/2 trillion, it's not begging but when others borrow money it's begging.

 

[Local.Dada]

What is this your debt is more than us argument

Facebook and Microsoft have million times more loans and debt on their books than the local Grocer in my street. In fact my local kirana store guy is running a family business so he probably has 0 debt.

What does that prove?

Anyway introspection time for few delusional folk

India and Pakistan had the same type of problems when they split. Poverty, homelessness, lack of sanitary facilities/toilets, years of foreign rule etc.

In fact India had a bigger problem of being multi-cultural, multi- religious and multi- linguistic at a much larger scale.

Fast forward 72+ years some problems still remain
obviously

however india has never had problems with civil uprising that resulted in splitting of the country, military coups. In fact even India had a financial crisis which almost led to bankruptcy but guess what there was no handouts, begging. We had scholars and genius admins in correct roles and boom India’s economy has opened up and always been on the way up apart from the odd global slowdowns. India’s it industry giants have influencers and lobbies in US and Europe.

India has a successful space program and a tremendous focus on education and some highly ranked world renowned institutions like the IIT and IIM.

So as a patriotic Indian sure it makes sense for me and my countrymen to worry about how to take our country to the next level. I would be worried if people are happy that we are better than Pakistan economically and in terms of stature in world trade and economy.

Maybe time for Pakistanis to see what india has done right or completely ignore india and focus on the internal issues of Pakistan which is much more serious and is on the brink of economic collapse especially after the pandemic.

 

[Bewal Express]

What is this your debt is more than us argument

Facebook and Microsoft have million times more loans and debt on their books than the local Grocer in my street. In fact my local kirana store guy is running a family business so he probably has 0 debt.

What does that prove?

Anyway introspection time for few delusional folk

India and Pakistan had the same type of problems when they split. Poverty, homelessness, lack of sanitary facilities/toilets, years of foreign rule etc.

In fact India had a bigger problem of being multi-cultural, multi- religious and multi- linguistic at a much larger scale.

Fast forward 72+ years some problems still remain
obviously

however india has never had problems with civil uprising that resulted in splitting of the country, military coups. In fact even India had a financial crisis which almost led to bankruptcy but guess what there was no handouts, begging. We had scholars and genius admins in correct roles and boom India’s economy has opened up and always been on the way up apart from the odd global slowdowns. India’s it industry giants have influencers and lobbies in US and Europe.

India has a successful space program and a tremendous focus on education and some highly ranked world renowned institutions like the IIT and IIM.

So as a patriotic Indian sure it makes sense for me and my countrymen to worry about how to take our country to the next level. I would be worried if people are happy that we are better than Pakistan economically and in terms of stature in world trade and economy.

Maybe time for Pakistanis to see what india has done right or completely ignore india and focus on the internal issues of Pakistan which is much more serious and is on the brink of economic collapse especially after the pandemic.

So far you guys have taunted us saying that borrowing money is begging but suddenly, when I point out that your borrowing 5.5 bigger than ours, you change tack and tell us that borrowing is normal.

 

[ahsan17]

Indians in this thread, and many Indians otherwise, remind me of certain Americans in that they have one thing in common: pretentious. 73% of wealth in India is owned by 1% of the population. The poverty rate is significantly worse than Pakistan. Half the population doesn't have electricity or toilets. Yet they are supposed to be an economic miracle. Given the inequality and wealth distribution in India, one can easily conclude a middle class India would be worse off than a middle class Pakistani.

It's similar to the pretentious Americans who boast about their large economy, which is mostly just down to having a large population in a high GDP country. When it comes to actual life, the middle class in that country is significantly worse off than other developed countries due to health care system, chronic inequality, expensive education, etc. Very few people in the middle class from other developed countries would ever want to live in the US, despite the fact that the top 1% in the US are probably much better off than the top 1% in other developed countries. And that's what Indians here are competing for: our 1% is better than your 1%.

 

[Local.Dada]

So far you guys have taunted us saying that borrowing money is begging but suddenly, when I point out that your borrowing 5.5 bigger than ours, you change tack and tell us that borrowing is normal.

You understand the difference between borrowing money to eat and survive vs taking a loan for a start up or for working capital for your business right?

 

[cricketjoshila]

Can you tell why us India has begging the Worid? Your debt external debt is 5.5 times higher than ours. I suggest you stop begging the World. That figure is horrendous

Debt and bailouts are not the same thing.

You are on bailouts because you are not in a position to pay back your debt or import bills.

Indias gdp more than 10 times of pakistan and debt to gdp ratio lower.

No wonder with this kind of econmic sense among its people is on IMF bailouts frequently.

 

[cricketjoshila]

Indians in this thread, and many Indians otherwise, remind me of certain Americans in that they have one thing in common: pretentious. 73% of wealth in India is owned by 1% of the population. The poverty rate is significantly worse than Pakistan. Half the population doesn't have electricity or toilets. Yet they are supposed to be an economic miracle. Given the inequality and wealth distribution in India, one can easily conclude a middle class India would be worse off than a middle class Pakistani.

It's similar to the pretentious Americans who boast about their large economy, which is mostly just down to having a large population in a high GDP country. When it comes to actual life, the middle class in that country is significantly worse off than other developed countries due to health care system, chronic inequality, expensive education, etc. Very few people in the middle class from other developed countries would ever want to live in the US, despite the fact that the top 1% in the US are probably much better off than the top 1% in other developed countries. And that's what Indians here are competing for: our 1% is better than your 1%.

When an Indian earns 1 rupee, its 2 rupees in pakistan. Indias middle class exceeds pakistan in numbers and in terms of earnings by some distance. Thats why a company is investing more in India, to get that market and not the pakistani one.

India is a electric surplus country with near 100% homes having electric connection. I know pakistan suffers from frequent power cuts but dont extrapolate to others.

Indias toilet availablity is 93.3 percent as per last years data.

Next time look up pakistan's data where 79mn have no access to decent toilet. Thats nearly a third of your population.

https://www.google.co.in/amp/s/dail...kistanis-still-lack-decent-toilet-report/amp/

There is a reason why companies and countries are lining up to do business in India and not Pakistan.


As i said, making useless lies on a pakistani forum may make you look good, but in the real world, India is considered a emerging economic giant while pakistan is on Imf handouts.

 

[Bewal Express]

Debt and bailouts are not the same thing.

You are on bailouts because you are not in a position to pay back your debt or import bills.

Indias gdp more than 10 times of pakistan and debt to gdp ratio lower.

No wonder with this kind of econmic sense among its people is on IMF bailouts frequently.

They are both borrowing. You can package them to suit your agenda, but Ind has begged its way to 550bn. It is a begger nation according to your definition. Stop begging and pay your loans back

 

[Bewal Express]

You understand the difference between borrowing money to eat and survive vs taking a loan for a start up or for working capital for your business right?

You borrowed money like us, except its 5.5 times greater. You are a begger nation according to your own definition.

 

[ahsan17]

When an Indian earns 1 rupee, its 2 rupees in pakistan. Indias middle class exceeds pakistan in numbers and in terms of earnings by some distance.

Most of Pakistan's economy is undocumented. Whatever numbers you use are irrelevant.

Thats why a company is investing more in India, to get that market and not the pakistani one.

It's because of the population.

India is a electric surplus country with near 100% homes having electric connection. I know pakistan suffers from frequent power cuts but dont extrapolate to others.

Now you are making stuff up. Maybe certain parts of India might have surplus electricity. A large chunk of India just has no access to electricity.

Indias toilet availablity is 93.3 percent as per last years data.

Next time look up pakistan's data where 79mn have no access to decent toilet. Thats nearly a third of your population.

https://www.google.co.in/amp/s/dail...kistanis-still-lack-decent-toilet-report/amp/

https://www.wateraid.org/where-we-work/india

Now that's just comical. The same source you are using says 732m people in India don't have decent toilets.

There is a reason why companies and countries are lining up to do business in India and not Pakistan.

They are trying to exploit cheap labour. Try spending some time in North America and you will find out how Indian labour is looked at. Low quality labour, but very cheap. Its similar to how you feel about your H1Bs. You feel proud of them but your H1Bs in the US are considered cheap but lower quality labour. They are looked down upon by the rest of the engineers and public.

As i said, making useless lies on a pakistani forum may make you look good, but in the real world, India is considered a emerging economic giant while pakistan is on Imf handouts.

More like, this is the reality Indians have created in their mind. But outside that, everyone thinks of India as full of slums and vast number of people in abject poverty.

 

[cricketjoshila]

They are both borrowing. You can package them to suit your agenda, but Ind has begged its way to 550bn. It is a begger nation according to your definition. Stop begging and pay your loans back

This is why pakistan is in such a economic crisis.

People think bailouts and debts are the same.

Next you will call Japan and US beggars because they have even higher debt.

No use talking economics here, Keep begging for bailouts and debt relief.

 

[ahsan17]

Indians are like broken tape recorders. They look at economics the same way they did 15-20 years ago. Meantime the rest of the world, particularly the western world (whom they dearly want the approval of, and always try to show how west looks at India and/or Pakistan) is changing the way it looks at economics with respect to inequality and inclusivity.

 

[Bilal_103]

The only thing Indians like to bring up is their economy. what is that economy doing for the nearly half a billion of your people living in dirt trying to get by?

 

[Syed1]

World over countries are judged by how their poor live not how their rich live. Till the chest thumping Indians get this fact they will continue spewing their uninformed drivel on threads like these.


To put things in perspective India is ranked the worst amongst South Asian countries as per the world hunger index. Even 'begging' Pakistan is ranked better than them.


500 million people are struggling to put food on the table and here we have chest thumpers giving us bhashan of how India is 'shttrong shupa puwa wery wery ricsh'

 

[King-Misbah]

Why are Indians celebrating Pakistan being on the list? We acknowledge that Pakistan is a LEDC, there is no shame. Things were looking bright before the outbreak.

 

[Buffet]

This thread doesn't make much sense. Pakistan needs money and IMF is helping. Nothing more to see here. It doesn't have any relationaship with G20. You could be in G20 and still need help and it's fine to take help.

 

[Bewal Express]

This is why pakistan is in such a economic crisis.

People think bailouts and debts are the same.

Next you will call Japan and US beggars because they have even higher debt.

No use talking economics here, Keep begging for bailouts and debt relief.

Borrowing money is borrowing money. You guys are much better at it than us.

 

[AamchiMumbaikar]

Yes, they are not your citizens, they are not human, they don't count. What a pathetic fascist reply

I think you are Hindu phobic. Where in my reply did I say they are not our citizens. You seem to be replying more in emotion than actual wisdom.

Lots of money comes to non Hindu religious groups in India for conversion and spreading. This is what I cited.

 

[AamchiMumbaikar]

Btw that is absolute poverty, some of which according to the Hindutuva are don't count as they are Muslims and Dalits. You have no shame

Who discounted them? Out of 0.22 billion majority are from those groups..
You should be ashamed to bring in religion and abuse other posters when the discussion is civic.

 

[AamchiMumbaikar]

For people who are worried about wealth in equality -

Direct or indirect taxes from rich help poor in surviving like if a family makes only 4$ per day that would be ~ 10,000 inr per month.

If they are registered voters, they get white ration cards, meaning free or heavily subsidized rice, wheat, pulses, sugar, oil, salt and lpg quota every month. Govt schools and hospitals are free of cost. So they do not die of hunger.

They might not have a good house, sanitation and clean drinking water. This is the real problem state/ Central government's are trying to address now.

 

[Kriketer]

We are only telling Indians that you are an extremely poor country and among the worst third world nations with massive problems. Your nationalism and rosey economic terms which only a few % benefit from change nothing for the 100s of millions in the worst of conditions.

Stop the chest thumping so you can stop making a fool out of yourself.

 

[Mesozoic]

I am yet to find a single "chest thumping" comment from any Indian poster or boasting of any kind here but our neighbouring brothers are having a meltdown for no reason just because they're taking bailouts from a forum that has India.

Come on guys no need to be this insecure..

 

[Mesozoic]

Apparently more people than I actually thought have no idea what external debt is and are equating it to bailout begging.

 

[AamchiMumbaikar]

Apparently more people than I actually thought have no idea what external debt is and are equating it to bailout begging.

They don't have anything to debate

 

[AamchiMumbaikar]

We are only telling Indians that you are an extremely poor country and among the worst third world nations with massive problems. Your nationalism and rosey economic terms which only a few % benefit from change nothing for the 100s of millions in the worst of conditions.

Stop the chest thumping so you can stop making a fool out of yourself.

Who is making a fool of themselves? India is the 5th largest economy , what has that got to do with head count of poor people, sanitation?

IMF / G20 are giving money to a nation based on state asks as they can't self sustain. Pak is receiving the same. Topic of discussion is only around that.

Pak needs those funds right now. They are getting it. For long term, this is not a sustainable model, when you have resources and skill, should do better.

FYI : I do not practice any religion and am fairly agnostic.

 

[Bewal Express]

They don't have anything to debate

Do you have to pay it back? Yes, so you have begged others for loans.

 

[Bewal Express]

Who discounted them? Out of 0.22 billion majority are from those groups..
You should be ashamed to bring in religion and abuse other posters when the discussion is civic.

They are your citizens, it doesn't matter which group they belong to.

 

[Bewal Express]

I think you are Hindu phobic. Where in my reply did I say they are not our citizens. You seem to be replying more in emotion than actual wisdom.

Lots of money comes to non Hindu religious groups in India for conversion and spreading. This is what I cited.

Why would you even state that. They are Ind Citizens.

 

[AamchiMumbaikar]

Why would you even state that. They are Ind Citizens.

Because the real intention of those funds is to create rift between religions , they spread hatred towards other religions. As those are low income and vulnerable groups they fall prey.

 

[AamchiMumbaikar]

Do you have to pay it back? Yes, so you have begged others for loans.

Of course most corporates and nations take loans, even Germany , Japan have loans. How is that point relevant to state receiving funds to run.

 

[jusarrived]

Oh I see, when you borrowed a 1/2 trillion, it's not begging but when others borrow money it's begging.

US is the biggest beggar according to your logic , you just opened my eyes . Guess what it’s also 20 time’s more than Pakistan and for some reason it’s not Trump who’s on his knees asking to write off their debt . That’s strange right ?

 

[Rajdeep]

We are only telling Indians that you are an extremely poor country and among the worst third world nations with massive problems. Your nationalism and rosey economic terms which only a few % benefit from change nothing for the 100s of millions in the worst of conditions.

Stop the chest thumping so you can stop making a fool out of yourself.

India's economy has overtaken UK and France and is the fifth largest in the world with a GDP of $2.94 trillion.

India's PPP (Purchasing Power Parity) is $10.51 trillion, exceeding that of Japan and Germany.

India contributes 3.36% of total world's GDP in exchange rate basis.

India is 7th on the list of countries that attracts FDI. It had an FDI of 49 billion dollars in 2019.

Sorry but you are not making any sense.

If you thought India is "Extremely Poor Country" based on slums and homeless people you saw other night on tele, you have no clue about how world economy works.

You can keep calling us "Third world" to self satisfy yourself but the fact is data wise India along with Brazil are the 2 largest developing nations in the world.

 

[AamchiMumbaikar]

India's economy has overtaken UK and France and is the fifth largest in the world with a GDP of $2.94 trillion.

India's PPP (Purchasing Power Parity) is $10.51 trillion, exceeding that of Japan and Germany.

India contributes 3.36% of total world's GDP in exchange rate basis.

India is 7th on the list of countries that attracts FDI. It had an FDI of 49 billion dollars in 2019.

Sorry but you are not making any sense.

If you thought India is "Extremely Poor Country" based on slums and homeless people you saw other night on tele, you have no clue about how world economy works.

You can keep calling us "Third world" to self satisfy yourself but the fact is data wise India along with Brazil are the 2 largest developing nations in the world.

Definition of poor country on this forum = head count of poor
This is their logic

 

[Technics 1210]

India's economy has overtaken UK and France and is the fifth largest in the world with a GDP of $2.94 trillion.

India's PPP (Purchasing Power Parity) is $10.51 trillion, exceeding that of Japan and Germany.

India contributes 3.36% of total world's GDP in exchange rate basis.

India is 7th on the list of countries that attracts FDI. It had an FDI of 49 billion dollars in 2019.

Sorry but you are not making any sense.

If you thought India is "Extremely Poor Country" based on slums and homeless people you saw other night on tele, you have no clue about how world economy works.

You can keep calling us "Third world" to self satisfy yourself but the fact is data wise India along with Brazil are the 2 largest developing nations in the world.

$2.94 Trillion is what the Federal Reserve created out of thin air to combat C19. Not including the figures from other central banks.

Put simply, size of an economy does not equate to quality of an economy.

 

[leg-side-flick]

You borrowed money like us, except its 5.5 times greater. You are a begger nation according to your own definition.

Karz aur bheekh mai farak hota hai....

The first one is paid back with interest and has no shame...

The second one is shameful

 

[Rajdeep]

$2.94 Trillion is what the Federal Reserve created out of thin air to combat C19. Not including the figures from other central banks.

Put simply, size of an economy does not equate to quality of an economy.

That $2.94 data is as per IMF october 2019 publication. C19 only came into existence in 2020. And what thin air? Not sure what if you making much sense here unfortunately.

 

[Runner Up]

It seems some people are not happy that Pakistan has managed to convince IMF to give relief. Those some people wanted Pakistan to go bankrupt so they could sleep well. My message to those some people is that just wait for a few years and you will see Pakistan prosper and getting stronger day by day IA.

 

[cricketjoshila]

Definition of poor country on this forum = head count of poor
This is their logic

They have to say something. So all kinds of things like debt is equal to bailout or number of poors etc.

I come here and have a laugh. If this the economic sense, IMF bailouts are inevitable.

 

[Technics 1210]

That $2.94 data is as per IMF october 2019 publication. C19 only came into existence in 2020. And what thin air? Not sure what if you making much sense here unfortunately.

Federal Reserve CREATED India's annual GDP out of thin air in a matter of seconds. This is called QE. Look it up.

 

[Technics 1210]

Definition of poor country on this forum = head count of poor
This is their logic

No, definition of poverty equates to head count of poor. If India was doing so great you wouldn't have millions of Indians trying to escape the realities of India.