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Modi painted another pie, India will become a developed country in 2047?

author:Jintou.com

For a long time, India has given the international community the impression that it is a country that is quite inconsiderate, and can always create different surprises for countries around the world, which also makes India a rather controversial existence.

Recently, however, Modi, who wants to be re-elected in order not to be ousted from power, has begun to make a big move, Modi said that India will become a developed country in 2047, the 100th anniversary of India's independence, and also promised to increase social spending, develop infrastructure, and make India a global manufacturing center.

Modi painted another pie, India will become a developed country in 2047?

Although Modi made a series of "wish lists" this time, it did not touch Indian voters, but instead there was a situation of "boycotting voting in many places".

So, why don't you believe it?

First of all, in 2014, after Modi came to power, he bragged a lot, but basically it didn't come true.

It used to be claimed that the economy surpassed China within 10 years, and then there was no then, and now it is only 1/5 of China; it was once claimed that it was going to achieve the moon landing, which barely smashed a hole on the moon, according to India, it is 99% successful, count it as your success; it used to be claimed to become the center of global semiconductors, but it is still in the PPT stage; it once claimed that it would replace China as a global manufacturing center within 10 years, and Foxconn, which is running away with a bucket, Apple and other companies have said that they have something to say, and they once said that they want everyone in India to go to school, but the result is to revise the illiteracy identification standard, as long as you can write your name, you are not considered illiterate, and there are still 30% of illiterate people in India.

You must know that in the real India now, in fact, the root cause of social poverty has not been solved. There has been no significant change in the dire survival situation of the Indian people, and India is still constrained by various social problems and cannot get out of the development dilemma.

In October 2022, Europe launched a new Global Hunger Report Survey, and India ranked 107th out of 121 countries surveyed.

Statistics show that 16.3% of Indians are still malnourished all year round, and nearly one in five children under the age of five do not have enough to eat every day, and hunger even threatens their lives. World Hunger Relief has determined that India's Global Hunger Index is 29.1, which falls into the category of "severe hunger".

Modi painted another pie, India will become a developed country in 2047?

In 2022, data from the Centre for Monitoring India's Economy showed that more than half of India's 900 million people of legal working age were reluctant to work. Between 2017 and 2022, India's total labor force participation rate fell from 46% to 40%, while only 9% of the female population remained eligible for employment or employment.

Therefore, there is a lot of, and everyone no longer believes what Modi said, including this election promise. After all, it's only 2024 now, and 2047 is more than twenty years later, when Modi will definitely not be in power, and it is unknown whether he is even alive or not.

The second is that the ideal is very plump, but the reality is very skinny.

If you want to become a developed country, the first condition is that the per capita GDP is relatively high, and this standard is that the per capita GDP reaches more than 25,000 US dollars. As far as India is concerned, its per capita GDP will only reach $2,612 in 2023, which is still far from the threshold of $25,000.

To become a developed country with a per capita GDP of $2.5, India's GDP needs to be at least $35 trillion, which means a tenfold increase in the next 23 years, and to achieve this goal, it needs to maintain a GDP growth rate of more than 10% per year.

In the more than 60 years since the founding of the country, India has never experienced such an economic growth rate, and it is estimated that it will not be possible in the future.

Because of India's energy shortage, which requires energy consumption to develop the economy, India is a country with a serious shortage of coal and oil.

India has only 4.5 billion barrels of proven oil reserves and only 756 million tonnes of coal per year. This has also led to a lack of power generation in India, with most of the total power generation system relying on coal-fired thermal power generation, accounting for 64% of the total energy system, with the remaining hydropower accounting for about 24.7%, nuclear power accounting for about 2.9%, and the rest from new energy generation. The key point is that most parts of the country are not suitable for hydropower and solar and wind energy construction, and even a lot of electricity needs to be imported from Bhutan, Myanmar and other countries, which is destined to be overstretched in terms of power supply.

Modi painted another pie, India will become a developed country in 2047?

Energy is the driving force of economic development, and if the power is not strong, how can the economy take off.

It is also worth mentioning that in order to create the illusion of economic prosperity, the Indian government did not hesitate to "embellish" key economic data.

The Modi government has twice revised the data to include cow dung and other things in GDP calculations, making India the world's fifth-largest economy.

What's more, the Modi government's manipulation of GDP has made foreign companies in India increasingly suspicious of the Modi government, thus exacerbating the pressure on India's economic development. India has long pinned its economic growth on external investment. However, if foreign investors become suspicious of India's data and policies, this will undoubtedly limit India's room for growth. Foreign investors have withdrawn Rs 2 trillion in investment, the worst year since India's founding.

Moreover, per capita GDP is only the threshold of developed countries, and it does not mean that it can become a developed country if it is reached. To become a developed country, India also needs to be in terms of social welfare, infrastructure, education, productivity, and so on.

Also, Indians don't like to be efficient.

If you want to grow at a high speed, the acceleration of labor efficiency is the premise, but Indians generally have no concept of time, if you make an appointment to see you in an hour, he will arrive in an hour and a half on time. In India, it's normal to be half an hour late. Indians don't have a sense of time, which is also reflected in their daily work, and Indian office workers also like to be late.

Modi painted another pie, India will become a developed country in 2047?

Indian employees are often late for work, but they are very active when they leave work, and they are often ready to leave work in advance before the end of the day.

Remember the 4.94 km Boji Biel Bridge?

Construction began in 2002 and was completed at the end of 2018, when Modi said at the opening ceremony: "I am proud to say that the current government has completely changed the culture of friction in India. Some Chinese netizens joked: "Give birth to a baby when you start work, and you can hold your grandson when you finish it." ”

The ancient Indian time system was a vast system, implying contempt for the human world and a yearning for the deep universe.

Indians tend to think of themselves as very small, believing that one's life is only a moment in history, so they generally do not attach much importance to the concept of personal time. For Indians, time is meaningful, but not powerful enough.

Modi painted another pie, India will become a developed country in 2047?

In addition, under the influence of religious thought, Indians feel that time is infinite for life, and that it cannot be done in this life, and there is an afterlife, and it can be continued to be reincarnated in the next life. The daily income from labor is enough to eat and drink for the day.

In addition to this, there are a number of problems in India, such as the pig-killing business environment (from 2018 to March 2023, India introduced 469 foreign companies, and 559 foreign companies ended their operations in India during this period). Factors driving these companies to leave include a lack of transparency in market regulation, weaker-than-expected market demand, inadequate infrastructure, substandard workforce skills, and frequent power and water cuts driving up operating costs. At the same time, India often uses huge fines, freezing deposits, and confiscating assets against foreign companies. Google, Amazon, Nokia, and Samsung have all suffered billions of yuan in "sky-high fines", and Chinese companies such as OPPO, VIVO, and Xiaomi have also planted in this land), and private land has made it difficult for infrastructure to move forward (according to official Indian data, about 80% of the country's land is privately owned, and the remaining 20% Either unclear property rights, or government or company ownership), severe water and food shortages, these are all deep-seated social diseases, and without in-depth reforms, Modi will have to redefine the standards of developed countries if he wants to fulfill his promises.

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