Somewhere in the thread I read about how cheap the labour in China is, which Americans are using to expand their companies using the cheap labour. Anything you find in the market these days is Made in China..but see the other side of the coin. China with its totalitarian regime is using its population to be exploited by big companies, true max FDI has gone there and China has used its manpower to progress on it, and earn money. But see the workers there working day and night and even the companies too flooding the market with made in china goods, and earning a very low profit in return of so much work. Now compare it with India......India provides IT skilled workers to the world, its poppulation who were getting peanut salary before is getting paid in abundance, we are getting richer providing our Mind Power and service industry, and very soon we will leave china behind. China's population struggle hard to earn their peanuts and indian workers work in healthy and nice environment and sell their brain power at exhorbitant rates...Now who is better? No wonder there india will soon have more billionaires than all of China/Japan and S.Korea combined together.
RE:China Vs india
by Kutta on Mar 19, 2007 08:31 AM Permalink
A country with 600 million youth population and 22 million babies born every year CANNOT RELY ON IT JOBS ALONE.
To see the current prospective -
Out of every 100 kids -
70% will drop out before standard 8th. 20% will complete standard 10th. 10% will complete standard 12th. 5% will complete undergraduate degree. 0.2% will become engineers.
RE:RE:China Vs india
by Raj on Mar 19, 2007 08:38 AM Permalink
Kutta, IT industry is not the only power base on which India will stand, its the manufacturing and the Service industry which is the big thing today. Not all can become Engineers and IT experts, all are required and in this shift, everybody is reaping the benefits...even a taxi driver is earning more money than he could have imagined before.Those who drop out before 8th standard, will become labour to work in the industries being set up. those graduating will go into different streams. Have you imagined so many dfifferent options to choose from 10 years back?
RE:RE:RE:China Vs india
by Kutta on Mar 19, 2007 08:41 AM Permalink
That's not my point. You pointed out that India will do IT and China cheap manufacturing.
I rebutted that and said India needs All types of jobs so that all types of people are employed.
WHERE AM I DISPUTING THAT INDIA IS not PROGRESSING ?
But I am intelligent enought to see "real" India that you speak of as I travel around the entire country as part of jobs and also offering you stats to get my points.
Should I live in soft of booze frenzy generated by media hypes like an idiot's paradise?
No my friend you should do some independent analysis and go BEYOND NEWS that media gives you and then give your prospective.
RE:RE:RE:RE:RE:China Vs india
by hello on Mar 19, 2007 09:27 AM Permalink
You two guys diverting far away from Nuclear & started analysing total India!!! You guys praising India is also not good, also blaming also not good!!! We need electricity that is the main concern of this topic. How do we get w/o affecting Indian security is the main point of this topic!!!
RE:RE:RE:RE:RE:China Vs india
by Raj on Mar 22, 2007 08:46 AM Permalink
When you speak of, you donot see the reality, I see the dhobi in my building when I was living inn Delhi hiring workers from Bihar to press the clothes and he would press about 6 to 700 clothes a day at 1.50 Rs a cloth, nowe how much is that. land has become costly, thast means the landowners and poor villagers are now selling and reselling their lands in millions of Rupees to builders...and investing that money in starting businesses.A paan wala makes roughly 10k p.month, an auto rickshaw wala makes 15-20k p.m..dont u see India progressing, ask any manual rickshaw to leave you at a small distance for 5 rupees, see his reply.Maybe you have been left behind...
RE:RE:RE:RE:RE:China Vs india
by Raj on Mar 19, 2007 08:47 AM Permalink
See, people themselves have to get involved, the Government cannot ddistribute money among its ppl. The awareness to become a part of new india should be there. Have you ever seen the land prices going up like this before all over India. I know that the person who do laundry in a building is earning a fat income, the jobs are increasing and thats cos there is going to be an overall development. We cannot change india in 2 - 3 years , it will take some time before the development is all over, the Government is concentrating on infrastructure first.
RE:RE:RE:RE:RE:China Vs india
by Kutta on Mar 19, 2007 09:17 AM Permalink
You assume that whole of India is booming.
Then why are people pouring into Delhi at a rate of 1500 PER DAY IN DELHI ALONE !
Simple because these people are not getting suitable employment in their home states. People are migrating from far off places like Bihar, UP, Haryana, Himachal, Rajasthan, Jharkhand, and even distant Kerala and TN.
That should make your mind ponder.
Delhi's population is increasing by 5 lakhs per year and Mumbai is even worse off with migrants pouring from all over. No wonder 50% of Mumbai's population is in slums.
It means something is wrong there in the countryside whose youth are migrating like in droves to metros.
That explains my statistics that IT provides very very little percentage of jobs and only 0.2% of India can be employed in IT. And only 5% have Bachelor degree to be employed in call centres.
RE:RE:RE:RE:RE:China Vs india
by Kutta on Mar 19, 2007 08:55 AM Permalink
Where do you live where laundry men make Rs 50K a month or press wala makes Rs 30K ?
I live in National Capital and I have yet to hear a presswala making Rs 30K. Neighter a laundry man or a dhobi making Rs 35K.
These people have 3-6 kids !
If I tell you of poverty in small towns in Rajansthan and rural India, you would be shocked. In these places there are no Rs 50K IT jobs either.
And where did I say that these problems will be solved in 2-3 years ?
Land prices going up I hope you mean Rs 65 lakhs 2 bedroom apartments in delhi ? How does that help average Indian who is NOT an IT professional ? Most likely average man will end up in a slum somewhere. Delhi alone has 50% of people living in unauthorized colonies.
And this is capital of India.
My honest suggestion is not to get lost in the hype and glitter of shining glass towers in IT parks but to see reality and then MAKE IMPROVEMENT.
RE:China Vs india
by hello on Mar 19, 2007 08:22 AM Permalink
Not all are very good!!! We also have problems too!!! There were a job category people called Electronic Service Center, they closed their shops totally in India because of cheap imports
Some electronics technicians who repair TV, VCR, DVD now closed their shops & doing fruit shops & juice stalls in India!!!
RE:RE:China Vs india
by Raj on Mar 19, 2007 08:32 AM Permalink
hello, are you talking about India or some other country...I cant make head or tail of what you are posting here. Service industry doesnt mean TV/DVD repair technicians..it shows your poor knowledge base. I dont find any Indian graduate getting a starting salary of less than 15 - 20000 Rs. How do you think Indians have got so much purchasing power? Why is the world waking up to the giant that is India. Get your facts straight hello, cos either you are not an Indian thats why you dont know the real india these days or you are far frm real India. Dont talk about the infrastructure, shabby airports....cos very soon you will find the change all over.
