India with highest number of billionares(36) r real rich than other asian nation .does it prove it is emerging

Question

this years forecast of number of billionares shows india has taken title of highest number of billionares (36)from japan after 20 years of japans supremacy in billionares list and it is well placed ahead of china . in the top 20 billionares india has 3 billionares next of USA with 4 billionares.the surprising thing is everyyear it doubles no of billionares range and if this phase continues in couple of years it will easily overtake germany and will take second position with rich list after USA. economic forcast says in 3 decades it will be second rich country in the world. whats really happening?. is india is goin to be next superpower?.

every country has rich and poor but in india certainly there is a big difference but thing are changin now. indian rich are real rich . in 2 decades for sure world will be controlled by three powers india ,china and usa but second half of this century will come in total control of india and china as all economist say. at the time the india will majority of rich and affluent middleclass only as things would have changed..

Answer 1

India is penetrating the new world, be careful of the new world order - don't bite off more than you can chew, it's supersized

Answer 2

India has triple our population.

Expect many billionaires from India and China, both of which have many times our population.

Or think of it this way - the top 20% of Chinese people (intellectually and with skills) is the same number, roughly, as our entire population. Imagine if our entire population was as smart as our top 20%.

So, by sheer numbers, we'll see some amazing things come out of those countries.

Answer 3

Economic Development in today's environment is a complex phenomena, and cannot be merely expressed in terms of GDP, Per Capita or other theoretical expressions alone. And this explains the INDIA PHENOMENON (Euphoria, to be exact!). For our per capita income is less than a paltry US $ 500, while we have 36 Billionaires in the last count! Talking of SUPER POWER, we need to understand that POWER WILL BE ALWAYS IN THE HANDS OF THOSE WHO DICTATE THE WAY WE PROGRESS. The word - DICTATE - is not used in a Political sense; but today, this Dictation is based on TECHNOLOGY and MARKET FORCES. Here, the most important factor is Technology. And, the rate at which new Technologies are churned out would finally dictate the way the nation becomes a "Power". Thus, although India is definitely tending towards becoming a SUPER MARKET (in view of the more than ONE BILLION people living here), we NEED to DEVELOP our OWN Technology to become a SUPER POWER.

Look at some contrasting paradoxes/ anomalies:

# We have the largest number of Billionaires (36) outside the US, but over 300 million people do NOT have one square meal a day
# We have some of the Best rated Pharma Companies, manufacturing various drugs and medicines, but about 500 million people do not have common health facility and normal recourse to medicine and other medical facilities.
# We talk of Atomic Power, but we fall short of power needs to the extent of over 30, 000 MWe.
# Our Universities and other Technical institutions vaingloriously proclaim that they are able to send their Graduates/ M.Techs/ Phd's to multi-national companies; but over 400 million people are illiterate and about 200 million children do not get basic education.
.... we could go on and on, expressing what many others have presented again and again.

We should understand that if Economic Development is merely computed and considered on this idea of the Development of CONSUMERISM, which is the effect of our having huge Market through our huge population, we would only create the WIDENING of disparity between the rich and the poor, leading to social and political unrests (problems of Naxalism, Farmer suicides...etc). The LONG-TERM RESULT WOULD BE DISASTER. But, if we do develop OUR OWN TECHNOLOGIES, which would NEED DRASTIC CHANGE IN NATIONAL ETHOS - an "out-of-the-box" thinking - our future would be excellent. For this to happen, we NEED TO WORK AND DEVELOP ON OUR STRENGTHS - HUGE MONSOON (with 3500 Billion cubic meters water); HUGE YOUTH POPULATION OF OVER 300 Million; HUGE ANNUALLY RENEWABLE VEGETATION RESOURCES (about 15 Billion tons). But our ideas on Development that are dictated by Western Intellectual systems and paradigms, do not consider these as our strengths...instead they are our "PROBLEMS"!.

It is for the future YOUNG ECONOMISTS, ENGINEERS, SCIENTISTS and STATESMEN to change these for the good of the future generations.

Answer 4

India is emerging. But she has to narrow the gap between the rich and the poor for which she has to opt for a liberal eugenic policy as in China. China opened it sperm bank of notables in 1999 and it is sure to narrow the genetic gap between the rich and the poor in the long run.

Answer 5

YES
it shows that india supports enterpreneurial development, which is a key feature of a superpower

Answer 6

undoubtedly, theabundent talented human resourses and hard working youth,abundent natural resources will lead india to become super power with in two or three decades.

Answer 7

do not forget population óf india .
and 28% of poor people those who do not have food ,clothes,and house ..