PCI is not the correct way to gauge a country. I guess Vatican may have the highest PCI being the less populated country. PCI, GDP etc are mere jargons. For ex. India has one of the best GDP. But no use.. we consume most of our products and less export taking place
RE:Not the correct measure
by aoneall on Jul 26, 2008 11:51 AM Permalink
GDP is also measured in per capita and that is true reflection of well being of the nation. GDP of Uttar Pradesh is second highest in the country among all states in India. Does it mean UP is second most developed and richest state? On the contrary, it is one of the poorest and most backward state in India. This will only be demonstrated if you use Per Capita GDP.
RE:Not the correct measure
by Pankaj Gadkari on Jul 25, 2008 12:25 PM Permalink
We consume most of our products means, 1)There are far too many Indians. 2)Indian products lack International quality. 3)We produce what others don't want.
RE:Not the correct measure
by cheriyan jacob on Jul 25, 2008 12:52 PM Permalink
Pankaj, Im extremely sorry to state that your statements exhibit lack of self respect. These are cliche.. over population, international quality etc. First of all who decides international quality? Some other country like US / UK? We export even cars to UK - including good old Ambi.
