Time for India and Pakistan to move away from "Lakhs" and "Crores"?

[MenInG]

Not sure if its izzat ka mamla (matter of honour) or simply laziness to accept what the world uses as units when discussing money.

Your views on this?

 

[IAJ]

Well both Indians and Pakistanis use the terms millions, billions and trillions.

But it's easy to say lakh and crore and people on daily basis find it easier, nothing wrong with it.

 

[MenInG]

Well both Indians and Pakistanis use the terms millions, billions and trillions.

But it's easy to say lakh and crore and people on daily basis find it easier, nothing wrong with it.

Problem becomes when you communicate with the outside world.

 

[Itachi]

For domestic, use lakhs and crores.

For international, use millions and billions.

This isn't something that is exclusive.

 

[Major]

I think they should

I have been so accustomed to lakhs and carores that if someone says million i sometimes have trouble coverting rhe figues

 

[Itachi]

I think they should

I have been so accustomed to lakhs and carores that if someone says million i sometimes have trouble coverting rhe figues

Just add 1 zero to lakh for million.

Add two zero to crore for billion.

Its easy.

 

[MenInG]

Just add 1 zero to lakh for million.

Add two zero to crore for billion.

Its easy.

out of interest, do you use miles or Kms in your day to day?

 

[Itachi]

out of interest, do you use miles or Kms in your day to day?

kms.

 

[cricketjoshila]

In schools in India we are taught both the units.

 

[MenInG]

In schools in India we are taught both the units.

Yep am sure same in Pak.

Problem is that when you communicate with the outside world, we have not only to worry about fx rates but also about crores and lakhs

See this for example

Australians in the 2022 IPL auction

Base price of 200 lakh (approx. A$377,000)

Pat Cummins, David Warner, Steve Smith, Mitch Marsh, Matthew Wade, Josh Hazlewood, Adam Zampa, Nathan Coulter-Nile, Ashton Agar

Base price of 150 lakh (approx. A$283,000)

Aaron Finch, Chris Lynn, Usman Khawaja, Kane Richardson

Base price of 100 lakh (approx. A$189,000)

Marnus Labuschagne, Daniel Sams, Andrew Tye, Moises Henriques, Riley Meredith, James Faulkner, D'Arcy Short, Josh Philippe

Base price of 75 lakh (approx. A$142,000)

Nathan Ellis, Jason Behrendorff, Sean Abbott, Billy Stanlake, Ben Cutting

Base price of 50 lakh (approx. A$94,000)

Ben McDermott, Kurtis Patterson, Wes Agar, Jack Wildermuth, Joel Paris, Hilton Cartwright

Base price of 40 lakh (approx. A$75,000)

Tim David, Chris Green

Base price of 30 lakh (approx. A$57,000)

Ben Dwarshuis, Matt Kelly

Base price of 20 lakh (approx. A$38,000)

Hayden Kerr, Tanveer Sangha, Alex Ross, Jake Weatherald, Nathan McAndrew, Tom Rogers, Liam Guthrie, Liam Hatcher, Jason Sangha, Matt Short, Aidan Cahill

 

[Itachi]

Yep am sure same in Pak.

Problem is that when you communicate with the outside world, we have not only to worry about fx rates but also about crores and lakhs

See this for example

Australians in the 2022 IPL auction

Base price of 200 lakh (approx. A$377,000)

Pat Cummins, David Warner, Steve Smith, Mitch Marsh, Matthew Wade, Josh Hazlewood, Adam Zampa, Nathan Coulter-Nile, Ashton Agar

Base price of 150 lakh (approx. A$283,000)

Aaron Finch, Chris Lynn, Usman Khawaja, Kane Richardson

Base price of 100 lakh (approx. A$189,000)

Marnus Labuschagne, Daniel Sams, Andrew Tye, Moises Henriques, Riley Meredith, James Faulkner, D'Arcy Short, Josh Philippe

Base price of 75 lakh (approx. A$142,000)

Nathan Ellis, Jason Behrendorff, Sean Abbott, Billy Stanlake, Ben Cutting

Base price of 50 lakh (approx. A$94,000)

Ben McDermott, Kurtis Patterson, Wes Agar, Jack Wildermuth, Joel Paris, Hilton Cartwright

Base price of 40 lakh (approx. A$75,000)

Tim David, Chris Green

Base price of 30 lakh (approx. A$57,000)

Ben Dwarshuis, Matt Kelly

Base price of 20 lakh (approx. A$38,000)

Hayden Kerr, Tanveer Sangha, Alex Ross, Jake Weatherald, Nathan McAndrew, Tom Rogers, Liam Guthrie, Liam Hatcher, Jason Sangha, Matt Short, Aidan Cahill

The conversion for considered audience is already there. Shouldn't make an issue.

 

[sweep_shot]

I think lakhs and crores are confusing. Even Bangladeshis use lakh and koti (Bengali word for crore).

Better to stick with million and billion.