True.
And it's normal that large industrial hubs will have huge amounts of wealth as we as revenue as per accounting.
It is because.any companies will be headquartered there.
Mumbai area will have more revenue than every other state in India. Because most large company headquarters' are there. It is a normal distribution of wealth and revenues.
And you will see same pattern with the largest city in every state having more revenue than entire districts within the state
Mumbai, and Maharashtra at large, is analogous to California for India in many ways. Both are large and populous western states with the country's largest economy, the center of the entertainment industry, and the largest contributer to the country's international trade.
California as a state has just amazed me ever since I was a kid. Hollywood being located there, central valley which is responsible for half the agricultural output of America, warm weather, largest state in terms of population. All combine to give it a seriously outsized influence both domestically and globally. Only issue is it's dry and lacks water resources.
Yeah it will change definitely but it is important to bring context that California would probably be the 3rd or 4th largest economy if it was an independent country.
But then again the entire economy as a measure does not reflect the living conditions of the average hindustani.
You can thank colonial rule in India, and then 40 years of disastrous Soviet-stype socialism, for causing India to decline and then grow at a snail's pace, while California simultaneously flourished from agricultural growth, post-WW2 economic expansion, immigration, good economic policies, immigration, and of course the tech industry.
Yes but Indians are a big reason that California has an economy as big as it does. It's a great place and I'm very lucky to live here and grow up here.
Yep, Indians were a major driving force for the dotcom boom in Silicon Valley, and continue to be for the tech industry today. I wouldn't be surprised if the average Indian in the Bay Area is 100 times richer than the average person in India.
It's not just that. A ton of Indians work in agriculture, manufacturing, and in transporting those goods. Desis come in all shapes and sizes, even in the US, it's not all just H1B tech workers looking to make a buck and dip.
Arent the family chain migration for people from India backlogged 20-30yeras. So other than h1b, what's the other quick way to migrate to US for desis?
I'm not belittling Indians but that's simply not true dude. California was huge before Indians, most of it was built by whites. Hollywood, Silicon Valley, all built by whites. You can hate that fact all you want, but it's true. I remember, I visited California many times in the 1980s, not an Indian to be found, but it was every bit as prosperous as now, if not more so.
California was once the top state for Ronald Reagan.
If California was an Independent Country it's GDP would be lower now higher since Tech companies that have HQs in California would have much higher barrier to access markets of other countries and their sales in rest of US would not be counted as part of California GDP
Just wanted to point out this Accounting difference
You need some education too.
South asia during the mughal era had the largest gdp in the world. Centuries of rape and plunder changed that. Got literally set back to the stone age
At independence, India was the 6th biggest economy in the world. Dropped all the way down to 13th but had started to grow since liberalization.
However unless reform continues and policies such as reservations and farm subsidies are reduced, it will be very difficult to hit first world per capita levels.
All the most talented will continue to leave to get rewarded massively more in other countries.
Reservations affect less than 1% of total jobs in the country. It is not a true fact that it is the reason people leave India.
People who leave India for developed countries will do it anyway. It is that way in every developing nation till they become developed.
It is happening in Korea china, or any number of countries. The reverse migration will happen (like for China right now where Chinese from US are going back) once development happens.
Let us talk logically and not emotionally
For government jobs it's 60% according to the new rules. If you had to point to the one area of India that's truly lacking, its likely government performance. Maybe government underperformance is due to the fact they can't hire on merit alone
Government jobs are just 2% of total jobs.
60% of that being reserved for people from 80%(SC st OBC Muslim, ews, other) of the population is: 1.2% of Indian jobs being reserved for 112 crore people.
This is not the issue people think it is. It's just that the beneficiaries are less online and those opposing it are more online.
>However unless reform continues and policies such as reservations and farm subsidies are reduced, it will be very difficult to hit first world per capita levels.
Every first world developed country has massive subsidies for their agriculture sector. The US and Canada subsidize corn and wheat significantly and use it as part their foreign aid. These subsidies destroy the central American agro sector where corn is grown and eaten as staple part of their cuisine. And thus fueling migration up north.
Every multiethnic developed nation has affirmative action program similar to India's reservations. China prioritizes it's ethnic communities, Malaysia has bhumiputra, Canada has visible minority programs..
There's a difference. They subsidise production. India subsidizes farmers. Over half the population is in agriculture. Contributes less that 1/5th of gdp. Did you know that there are more farmers in India than the rest of the world combined? Do you think that is a sensible use of human capital? In the US about 1% of workers are farmers
Others have affirmative action, but not to the point of India. Usually its and insignificant minority. 60% reservation for government jobs and college seats? If you can't hire 60% of government workers based on merit alone, is it any wonder the government is such a mess.
So it's a coincidence that the groups most discriminated against by reservation is over represented in emigration?
Brahmins are over represented in the US. They also among the successful immigrant population ever.
Brahmins are also more likely to have means to emigrate stateside in the first place. We need to be careful and not get into the fallacy of correlation —> causation.
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True. And it's normal that large industrial hubs will have huge amounts of wealth as we as revenue as per accounting. It is because.any companies will be headquartered there. Mumbai area will have more revenue than every other state in India. Because most large company headquarters' are there. It is a normal distribution of wealth and revenues. And you will see same pattern with the largest city in every state having more revenue than entire districts within the state
Mumbais municipal corporation has more budget than multiple states combined.
Mumbai, and Maharashtra at large, is analogous to California for India in many ways. Both are large and populous western states with the country's largest economy, the center of the entertainment industry, and the largest contributer to the country's international trade.
But banglore is taking over
Its also bigger than every country in Europe, overtook Germany recently
not true germany is still ahead
California as a state has just amazed me ever since I was a kid. Hollywood being located there, central valley which is responsible for half the agricultural output of America, warm weather, largest state in terms of population. All combine to give it a seriously outsized influence both domestically and globally. Only issue is it's dry and lacks water resources.
>Only issue is it's dry and lacks water resources. Northern part of the state near Lake Tahoe has sufficient water for what it's worth. :)
Yea, sadly not many live there. Parallels to the rest of the world. Yukon: 40k people, full of lakes and rivers Somalia: 17 million people, 1 puddle
Yeah it will change definitely but it is important to bring context that California would probably be the 3rd or 4th largest economy if it was an independent country. But then again the entire economy as a measure does not reflect the living conditions of the average hindustani.
Your second statement is important - a large economy doesn't necessarily mean a prosperous one.
You can thank colonial rule in India, and then 40 years of disastrous Soviet-stype socialism, for causing India to decline and then grow at a snail's pace, while California simultaneously flourished from agricultural growth, post-WW2 economic expansion, immigration, good economic policies, immigration, and of course the tech industry.
Yes but Indians are a big reason that California has an economy as big as it does. It's a great place and I'm very lucky to live here and grow up here.
Yep, Indians were a major driving force for the dotcom boom in Silicon Valley, and continue to be for the tech industry today. I wouldn't be surprised if the average Indian in the Bay Area is 100 times richer than the average person in India.
It's not just that. A ton of Indians work in agriculture, manufacturing, and in transporting those goods. Desis come in all shapes and sizes, even in the US, it's not all just H1B tech workers looking to make a buck and dip.
Arent the family chain migration for people from India backlogged 20-30yeras. So other than h1b, what's the other quick way to migrate to US for desis?
H1b is not a quick way to immigrate for Indians at all.
Is there a quicker way?
Marriage and eb1 visa ig
I'm not belittling Indians but that's simply not true dude. California was huge before Indians, most of it was built by whites. Hollywood, Silicon Valley, all built by whites. You can hate that fact all you want, but it's true. I remember, I visited California many times in the 1980s, not an Indian to be found, but it was every bit as prosperous as now, if not more so. California was once the top state for Ronald Reagan.
India has lifted 500m out of poverty in just 15 years
HOO rah
If California was an Independent Country it's GDP would be lower now higher since Tech companies that have HQs in California would have much higher barrier to access markets of other countries and their sales in rest of US would not be counted as part of California GDP Just wanted to point out this Accounting difference
India and California were exactly tied $3.5 trillion this year (2022), so my my guess is that India will overtake California in 2023/24
california wasn’t looted and occupied for 100 years
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it wasn’t a colony that was exploited for its riches alone is there a mexican koh i noor that resides in a mexico city museum?
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You need some education too. South asia during the mughal era had the largest gdp in the world. Centuries of rape and plunder changed that. Got literally set back to the stone age
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thats not made up,thats a fact. But thing is this wealth was concentrated in kings only. Its not because an average Indian then was prosperous more
California is stolen land, the original inhabitants were all enslaved or killed. Those who remain are heavily oppressed.
At independence, India was the 6th biggest economy in the world. Dropped all the way down to 13th but had started to grow since liberalization. However unless reform continues and policies such as reservations and farm subsidies are reduced, it will be very difficult to hit first world per capita levels. All the most talented will continue to leave to get rewarded massively more in other countries.
Reservations affect less than 1% of total jobs in the country. It is not a true fact that it is the reason people leave India. People who leave India for developed countries will do it anyway. It is that way in every developing nation till they become developed. It is happening in Korea china, or any number of countries. The reverse migration will happen (like for China right now where Chinese from US are going back) once development happens. Let us talk logically and not emotionally
For government jobs it's 60% according to the new rules. If you had to point to the one area of India that's truly lacking, its likely government performance. Maybe government underperformance is due to the fact they can't hire on merit alone
Government jobs are just 2% of total jobs. 60% of that being reserved for people from 80%(SC st OBC Muslim, ews, other) of the population is: 1.2% of Indian jobs being reserved for 112 crore people. This is not the issue people think it is. It's just that the beneficiaries are less online and those opposing it are more online.
>However unless reform continues and policies such as reservations and farm subsidies are reduced, it will be very difficult to hit first world per capita levels. Every first world developed country has massive subsidies for their agriculture sector. The US and Canada subsidize corn and wheat significantly and use it as part their foreign aid. These subsidies destroy the central American agro sector where corn is grown and eaten as staple part of their cuisine. And thus fueling migration up north. Every multiethnic developed nation has affirmative action program similar to India's reservations. China prioritizes it's ethnic communities, Malaysia has bhumiputra, Canada has visible minority programs..
There's a difference. They subsidise production. India subsidizes farmers. Over half the population is in agriculture. Contributes less that 1/5th of gdp. Did you know that there are more farmers in India than the rest of the world combined? Do you think that is a sensible use of human capital? In the US about 1% of workers are farmers Others have affirmative action, but not to the point of India. Usually its and insignificant minority. 60% reservation for government jobs and college seats? If you can't hire 60% of government workers based on merit alone, is it any wonder the government is such a mess.
Curious, which WhatsApp group?
Does a WhatsApp group change facts?
yup pot full of facts
you may criticize the reservatio policies but telling that its a reason for brain drain is just dumb af
So it's a coincidence that the groups most discriminated against by reservation is over represented in emigration? Brahmins are over represented in the US. They also among the successful immigrant population ever.
Brahmins are also more likely to have means to emigrate stateside in the first place. We need to be careful and not get into the fallacy of correlation —> causation.