Bangladesh Mig-29's

India to sign MoU with Italy for cooperation in road sector


The government today said it plans to sign an MoU with Italy for enhancing bilateral technical cooperation in the road infrastructure sector.
Through the memorandum of understanding, the government plans to involve Italian Infrastructure companies in the highways sector in the country, an official statement said.
"The need for an MoU was felt and agreed upon during the bilateral discussions between Road Transport Minister Kamal Nath and Italian Minister for Economic Development Paolo Romani in Rome on Wednesday," the statement added.
Nath, accompanied by a business delegation comprising of senior representatives from industry chamber Ficci, is on two day visit to Rome.
The statement further said that an Italian trade delegation comprising officials from its various ministries and about 200 business delegates representing various sectors, including infrastructure, would visit India in early 2011.
Nath, in a round table meeting with the leading Italian infrastructure companies like Atlantia, FINCO and Ceo Maire Tecnimont, invited them to invest in the Indian road sector which is being opened up in a big way, the statement added.​
 
Can banks ever fund the $800 billion debt imperative?


To clock an annual gross domestic product (GDP) growth of 9%, India needs to spend about $1 trillion, or Rs46 lakh crore, over the next five years on roads, power, railways, ports and airports, among others, according to the Twelfth Five Year Plan.

Considering 20-30% of a project’s cost is equity-funded by a company, about $700-800 billion will have to be raised through debt.

Raising such gargantuan debt, say experts, will be impossible unless rules of the banking system are changed or there is huge liberalisation of external debt-raising rules.

According to R Shankar Raman, senior vice-president, finance, Larsen & Toubro, bank lending accounts for 80% of all debt raised in India today.
Why is the banking system not in a position to meet the $800 billion fundingrequirement?
Simply because the Reserve Bank of India (RBI) rules say a bank cannot lend more than 15% of its net worth to a particular sector (called the sectoral cap) and 25% to a particular group (called the group exposure limit).

However, in the case of infrastructure projects, the RBI has said banks can lend 5% more than the sectoral cap and another 5% if approved by the bank’s board.

Problem is, some banks have already started hitting the limits, while others are not very far away.

Ramnath Pradeep, chairman and managing director, Corporation Bank, said his bank is not lending to any more road or power projects this fiscal. “We are already full with our exposure in the power sector and almost neck-deep with roads as of September.”

To be sure, many banks are yet to bust their limits — some are far from nearing it — though they agree it’s a cause for concern.

Abizer Diwanji, head of financial services at Big Four audit firm KPMG, said banks today can’t finance infrastructure projects because of the maturity gaps that exist. “It’s difficult to fund an asset for 10-15 years. There is a maturity mismatch in the system.”

RBI deputy governor Subir Gokarn concurs. “Long gestation projects is not what banks, which basically rely on short-term deposits for their funding, are going to be financing very efficiently,” he said at the Asia Investment meet in Mumbai last Thursday.

“Unless there is some very effective way to deal with the asset-liability mismatch, there is going to be a major constraint on the system to finance infrastructure,” Gokarn said.

A senior official of the Indian Banks’ Association, who did not wish to be named, said given the kind of expansion expected and the kind of money required, it’s impossible to do anything beyong waiting and watching and seeingwhat unfolds.

“Today there is so much credit needed. Exclusively financing infrastructure the way it has to happen in the country is a bit difficult for banks at this point in time or going forward,” said the official.

L&T’s Shankar Raman says temporary mismatches will happen with regard to sectoral limits given that in some infrastructure verticals like roads, a large number of projects are awarded within a short period.

“The ability to handle it depends on the size of the bank and its capital adequacy ratio. Good projects have not yet been denied funding. We at L&T have not faced any issues,” he said.

Shankar Raman believes takeout financing could be the answer to banks’ worries about lending to infrastructure projects.

Under this, a bank can transfer a part of its loans to the state-owned Indian Infrastructure Finance Company (IIFCL) after the projects have become operational, for which the bank pays the infrastructure financier a commission.
IIFCL is allowed to take over up to 75% of a single loan. This frees up capital for the bank so that they can lend to more projects.

But Ashwin Parekh, national leader for global financial practices at Ernst & Young says takeout financing doesn’t satisfy banks’ requirement because their risks are not mitigated. “The nitty-gritty of this is not clearly articulated in the takeout financing norms,” Parekh said.

So what should the RBI do? Should it hike sectoral limit for infrastructure?
Shankar Raman said instead of having sector-specific limits, there should be caps on the basis of the quality of assets across sectors.

While new funding avenues such as securitisation and private equity have emerged in the recent past, they are more an exception than the rule.

Gokarn said that the burden of funding infrastructure should be diverted from banks to more diversified areas like the corporate bond market.

“We do see the bond market as something that will supplement the capacity of the banking system and over time displace it as the primary vehicle of a large quantity of finance moving into infrastructure,” he said.
Gokarn said that RBI is ‘very focused’ on trying to do that in conjunction with other regulatory authorities.

But even as the the RBI and others do so, former RBI governor Y V Reddy on Friday questioned the efficacy of such financing model for the infrastructure sector.

“Tell me a country where the corporate bond market successfully funded large long-term infrastructure projects barring a few experiences in the US, where some such funding had happened. There is no such example in Europe or Britain or Asia. And even those American projects cannot be said to be a success as of now. Empirical evidence does not suggest that private sector funding is viable in the infrastructure space,” Reddy said at the Asia-Europe conference of central bankers and finance ministry officials that ended in Mumbai on Friday.

Reddy further questioned the viability of public-private partnership projects in the infrastructure space saying “we need proper institutional mechanism to support a corporate bond market. Unless we put in place proper institutional and governance mechanisms, public-private partnerships in the infrastructure area can well become private profit at the cost of public expenses.”

“We need to have a serious debate on the best mechanisms and facilitate funding well before crisis hits home,” said a banker who did not wish to be named.

Moreover, industry demands on allowing pension funds and insurance funds to invest in infrastructure have remained just that.

So, for now, the onus of funding India’s gargantuan infrastructure needs remains with the banks which, ironically, are just not up to it.​
 
MoU Paves Way For Malaysian Participation In Indian Road Projects


Malaysia and India on Tuesday signed a memorandum of understanding on technical assistance for road development and management which enables Malaysian contractors to participate in the high-impact projects in that country.

Prime Minister Datuk Seri Najib Tun Razak said the MoU held great potential because the Indian road construction programme encompassed the building of 7,000 km of roads annually or 20 km per day.

He said India offered Malaysian companies the opportunity to implement part of the programme.

"I believe this MoU will pave the way for a new era and opportunities for Malaysian construction companies to participate in infrastructure projects in India, particularly in the building of roads," he told reporters after witnessing the signing of the MoU at his office here.

Malaysia was represented by Works Minister Datuk Shaziman Abu Mansor and India by its Road Transport and Highways Minister Kamal Nath at the signing.

Najib said Shaziman would discuss with his Indian counterpart details of the MoU which would be implemented from next month.

He said Malaysian contractors were currently involved in 74 projects valued at about RM14 billion in India.

"Almost 50 per cent of the projects are related to construction of roads and highways valued at about RM7 billion.

"The Indian government is most satisfied with the role played by Malaysian infrastructure companies, particularly contractors engaged in road construction.

"Furthermore, the Prime Minister of India and the Indian government desire to expand bilateral economic relations. It is in this most positive atmosphere that the Indian Cabinet decided that this MoU be signed," he said.

Under the MoU, Malaysian contractors are expected to be able to participate in the development of 1,000 km of road estimated to cost RM17.5 billion.

In another development, Najib, who is also Finance Minister, said Malaysia was on the right track in terms of expected economic growth for 2010 and next year.

"We know we will have to cope with a slowdown in terms of the external economy but we are pushing domestic demand.

"The Economic Transformation Programme (ETP) will certainly help boost our growth for next year," he said.​
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ADB extends $500 mn loan to Indian Railways


NEW DELHI: Multi-lateral lender Asian Development Bank (ADB) has approved USD 500 million loan to help India improve rail services along some of the country's busiest freight and passenger routes.

"ADB is extending loans of up to USD 500 million to help India improve rail services... The ADB Board of Directors has approved a multi-tranche financing facility for the Railway Sector Investment Program (RSIP)," the Manila-headquartered agency said in a statement.

The loan is intended to finance additional lines and the electrification of hundreds of kilometers of existing track, along with installing new signalling.

ADB will also support accounting reforms to improve operational efficiency of Indian Railways.

The RSIP will target freight and passenger routes in Chhattisgarh, Orissa, Maharashtra, Karnataka and Andhra Pradesh, including the critical Golden Quadrilateral corridor that connects Chennai, Kolkata, Mumbai and New Delhi.

The loan has a 25-year term, with a grace period of five years. The government of India will provide counterpart finance of over USD 644 million to cover the costs of the total program, estimated at over USD 1.1 billion.

"This programme will help deliver more energy efficient, safe, reliable, and environmentally friendly rail services along key high density routes," ADB principal transport specialist Hiroaki Yamaguchi said.

He further added: "This in turn will result in direct and indirect economic opportunities for about 21 million people in programme areas who will benefit from faster travel times, lower costs and improved links to markets, production centers and social service facilities."

The Indian Railways catered to 7 billion passengers and carried 800 million tonnes of freight in the 2010-11 fiscal.

However, experts have said that a lack of investment in new infrastructure and institutional constraints have seen services struggling to keep up with the rise in traffic.

ADB will release the fund in several tranches, with an initial loan of USD 150 million.

The RSIP is being carried out by the Ministry of Railways and will end by December 2018.


Ref:-ADB extends $500 mn loan to Indian Railways - The Economic Times
 
India has the most unemployable population: Report


India has the largest, youngest population in the world. But it is also the most unemployable population as it lacks work skills that can make it employable.

According to a survey conducted by FICCI-Ernst & Young Paper, even though over 40 million people are registered in employment exchanges, only 0.2 million get jobs annually. Even startling is the fact that about 80% of the Indian workforce does not possess identifiable marketable skills. Equally sad is the fact that the school dropout rate in India touches 56.8% by the time students reach the qualifying examination at the 10th standard which further leads to unemployability.

The survey found that only 25% of the Indian professionals are considered “employable” by multinationals and the difficulty of employers in India to fill job vacancies has increased to 67%in 2011 compared with 16% in last year.

It is estimated that over 75% of the new jobs to be created in India will be ‘skill-based.’ While the country’s overall supply of highly skilled labour marginally exceeds demand, there is a shortage of adequately qualified (or employable) people. The study said this was primarily due to the fact that the Indian training institutions are heterogeneous in nature varying in quality of education and training provided by them.

There is also lack of focus on development of skills pertaining to the specific requirement of employers. And, there is non-recognition of the value of skilled workers by employers, particularly in the small enterprise sectors.

The report said India has many lessons to learn from international practices. Germany has 75% and the UK has 68% skilled work force compared to India which account for only 2%. It said, thus, far-reaching and deep rooted reforms were needed to emulate countries whose vocational education and training systems has been successful.

Last year, another study by FICCI had pointed out that fresh graduates who posses “soft skills” and have vocational training besides the factual knowledge provided by certification programs find jobs much more easily than to those who lack them. The survey had claimed that there was a severe crunch of good manpower in the corporate sector and only 30% employers and top bosses expressed satisfaction with the new graduates they had hired indicating fresh graduates needed to posses more than just a degree.

“60%of India’s 1.2 billion people are in the working age group. However, only 10% of the 300 million children in India between the age of 6 and 16 will pass school and go beyond. Only 5%of India’s labour force in the age group 19-24 years is estimated to have acquired formal training,” said S. Ramadorai, advisor to the Prime Minister in National Skill Development Council.

Understanding the issues, the government has already started reworking its vocational education framework to be more competitive and acceptable to the world market. Human Resource Development Minister Kapil Sibal said that since there was an acute shortage of labour at Tier 2 and Tier 3. It is anticipated that by 2020, about 220 million students will pass out from school, out of which, about 150 million will not enroll for college education.

“This young talent needs to be motivated for vocational education,” Sibal said.

India has the most unemployable population: Report - India - DNA​
 
Huge spike in illegal Indian traffic to US via Mexico - Times Of India

More illegal immigrants from India crossing border - US news - Security - msnbc.com

Indian illegal immigrants in US: numbers jumped 125% since 2000 « A Zillion reasons to escape from India



Image posted on the above link.

UK: illegal Indian immigrant faces deportation - World News - IBNLive

36 Indian illegal immigrants arrested in UK | PRAVASI TODAY : NRI NEWS : NRI HELP

The Hindu : International : Illegal Indian immigrants held in U.K. raid
 

Why 1 million Indians Escape from India every year?




Any crackdown on illegal immigrants abroad or restricting quotas to Indians are a major concern to India’s politicians. The latest statistics from US Department of Homeland Security shows that the numbers of Indian illegal migrants jumped 125% since 2000! Ever wondered why Indians migrate to another countries but no one comes to India for a living? Here are some Indian facts:
Poverty Graph
According to WFP, India accounts around 50% of the world’s hungry. (more than in the whole of Africa) and its fiscal deficit is one of the highest in the world. India’s Global Hunger Index (GHI) score is 23.7, a rank of 66th out of 88 countries. India’s rating is slightly above Bangladesh but below all other South Asian nations and India is listed under “ALARMING” category. Ref: IFPRI Country Report on India
Around six out of 10 Indians live in the countryside, where abject poverty is widespread. 34.7 % of the Indian population lives with an income below $ 1 a day and 79.9 % below $ 2 a day. According to the India’s planning commission report 26.1 % of the population live below the poverty line. [World Bank’s poverty line of $1 a day, but the Indian poverty line of Rs 360 a month, or 30 cents a day].
The Current Account Balance of India
“A major area of vulnerability for us is the high consolidated public-debt to GDP ratio of over 70 percent … (and) consolidated fiscal deficit,” says the Governor of Reserve Bank of India (RBI), Mr. Yaga Venugopal Reddy.
According to CIA world fact book, the Current account balance of India is -37,510,000,000 (minus) while China is the wealthiest country in the world with $ 426,100,000,000 (Plus) . India listed as 182 and China as no.1 [CIA: The world fact book]
Human Development vs GDP growth
The Human Development Report for 2009 released by the UNDP ranked India 134 out of 182 countries, working it out through measures of life expectancy, education and income. India has an emigration rate of 0.8%. The major continent of destination for migrants from India is Asia with 72.0% of emigrants living there. The report found that India’s GDP per capita (purchasing power parity) is $2,753, far below Malaysia’s $13,518. China listed as 92 with PPP of $5383. Read the statistics from UNDP website.
Population:
According to the Indian census of 2001, the total population was 1.028 billion. Hindus numbered 827 million or 80.5 %. About 25 per cent (24 million) of those Hindus are belonging to Scheduled Castes and Tribes. About 40 per cent (400 million) are “Other Backward Castes”.
15 per cent Hindu upper castes inherited majority of India’s civil service, economy and active politics from British colonial masters. And thus the caste system virtually leaves lower caste Hindus in to an oppressed majority in India’s power structure. Going by figures quoted by the Backward Classes Commission, Brahmins alone account for 37.17 per cent of the bureaucracy. [Who is Really Ruling India?]
The 2004 World Development Report mentions that more than 25% of India’s primary school teachers and 43% of primary health care workers are absent on any given day!
Living conditions of Indians
89 percent of rural households do not own telephones; 52 percent do not have any domestic power connection. There are daily power cuts even in the nation’s capital. The average brownout in India is three hours per day during non-monsoon months, 17 hours daily during the monsoon. The average village is 2 kilometers away from an all-weather road, and 20 percent of rural habitations have partial or no access to a safe drinking-water supply. [Tarun Khanna, Yale Center for the Study of Globalization]
According to the National Family Health Survey data (2005-06), only 45 per cent of households in the country had access to improved sanitation.
Education
India has over 35 per cent of the world’s total illiterate population. [UNESCO Education for All Report 2008] Only 66 per cent people are literate in India (76 per cent men and 54 per cent women)
About 40 million primary school-age children in India are not in school. More than 92 % children cannot progress beyond secondary school. According to reports, 35 per cent schools don’t have infrastructure such as blackboards and furniture. And close to 90 per cent have no functional toilets. Half of India’s schools still have leaking roofs or no water supply.
Japan has 4,000 universities for its 127 million people and the US has 3,650 universities for its 301 million, India has only 348 universities for its 1.2 billion people. In the prestigious Academic Ranking of World Universities by Institute of Higher Education, Shanghai Jiao Tong, only two Indian Universities are included. Even those two IITs in India found only a lower slot (203-304) in 2007 report. Although Indian universities churn out three million graduates a year, only 15% of them are suitable employees for blue-chip companies. Only 1 million among them are IT professionals.
Health
India today allocates lower than one per cent gross domestic product (GDP) to health. According to United Nations calculations, India’s spending on public health as a share of GDP is the 18th lowest in the world. 150 million Indians are blind. 2.13 per cent of the total population (21.9 million) live with disabilities in India. Yet, only 34 per cent of the disabled are employed [Census 2001] India has the single highest share of neonatal deaths in the world, 2.1 million.
107,000 Leprosy patients live in India. 15.3 % of the population do not survive to the age of forty. Serpent attacks kill as many as 50,000 Indians while the cobra occupies a hallowed place in the Hindu religion. Heart disease, strokes and diabetes cost India an estimated $9 billion in lost productivity in 2005. The losses could grow to a staggering $200 billion over the next 10 years if corrective action is not taken quickly, says a study by the New Delhi-based Indian Council for Research on International Economic Relations.
There are only 585 rural hospitals compared to 985 urban hospitals in the country. Out of the 6,39,729 doctors registered in India, only 67,576 are in the public sector and the rest either in private sectors or abroad, pointing towards the severity of the problem. According to a survey by NSSO (National Sample Survey Organisation), 40 per cent of the people hospitalised have either had to borrow money or sell assets to cover their medical expenses. Over 85 per cent of the Indian population does not have any form of health coverage.
Tuberculosis (TB) is a major public health problem in India. India accounts for one-fifth of the global TB incident cases. Each year about 1.8 million people in India develop TB, of which 0.8 million are infectious cases. It is estimated that annually around 330,000 Indians die due to TB. [WHO India]
Economy under the siege of Elite Hindus
In India, wealth of 36 families amounts to $ 191 billion, which is one-fourth of India’s GDP. In other words, 35 elite Hindu families own quarter of India’s GDP by leaving 85 % ordinary Hindus as poor!
The dominant group of Hindu nationalists come from the three upper castes ( Brahmins, Kshatriyas, and Vaishyas ) that constitute only 10 per cent of the total Indian population. But, they claim perhaps 80 % of the jobs in the new economy, in sectors such as software, biotechnology, and hotel management.
India is also one of the most under-banked major markets in the world with only 6 bank branches per 1,000 sq kms, according to the World Bank, and less than 31% of the population has access to a bank account. According to India’s national agency, (NABARD), around 60 per cent people are not having access to financial institutions in India. This figure is less than 15 per cent in developed countries.
Corruption
According to TI, 25 % of Indians paid bribe to obtain a service. 68 % believe that governmental efforts to stop the corruption as ineffective. More than 90 % consider police and political parties as the worst corrupt institutions. 90 % of Indians believe that corruption will increase within the next 3 years. “Corruption is a large tax on Indian growth, It delays execution, raises costs and destroys the moral fiber.” says Prof. Rama Murthi. Transparency International estimates that Indian truckers pay something in the neighborhood of $5 billion annually in bribes to keep freight flowing. According to Rahul Gandhi, only 5 per cent of development funds reached their intended recipients due to hierarchical corruption in the country! [Financial Times]
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Discrimination against Dalits
Crime against Dalits occur every 20 minutes in India. Every day 3 Dalit women are raped, 2 Dalits are murdered and 2 Dalit houses are burnt down! These figures represent only a fraction of actual incidents since many Dalits do not register cases for fear of retaliation by the police and upper-caste Hindu individuals. Official figures show that there are still 0.343 million manual scavengers in India from Dalit community. More than 165 million Dalits in India are simply abused by their Hindu upper castes for their birth! . [HRW Report2007]
Human Rights
When it comes to Human Rights issues in India, it is not ratified the UN Convention against Torture, its citizens do not have the opportunity to find recourse in remedies that are available under international law. The victims are trapped with the local Hindu caste system, which in every aspect militates against their rights.
India has a very poor record of protecting the privacy of its citizens, according to the latest report from Privacy International (PI). India scored 1.9 points, which makes it an ‘extensive surveillance society’. A score between 4.1 and 5.0 (the highest score) would mean a country “consistently upholds human rights standards”. PI is a watchdog on surveillance and privacy invasions by governments and corporations. [holy cows rather than the life of its 85 % poor people. To them, the national interest means their own economical or political interests.
Indian Embassies are rated as the worst service providers around the globe. They are notorious for ‘red tapes‘ and ‘ corruption friendly service‘ a complaint repeatedly quoted by Non Resident Indians itself. 90 % of Indian businessman believes that India has yet to emerge as a “hospitable country”. ASSOCHAM
Global Warming effects in India
Water tables are dropping where farmers are lucky enough to have wells, and rainfall has become increasingly unpredictable. Economic loss due to global warming in India is estimated between 9-25%. GDP loss may be to the tune of 0.67%. Prediction of loss of wheat is more. Rabi crops will be worse hit which threatens food security. Drought and flood intensity will increase.100-cm sea level rise can lead to welfare loss of $1259 million in India equivalent to 0.36% of GNP. Frequencies and intensities of tropical cyclones in Bay of Bengal will increase. Malaria will be accelerated to an endemic in many more sates. 20% rise in summer monsoon rainfall. Extreme temperatures and precipitations are expected to increase. [Sir Nicholas Stern Report] India got the most foreign aid for natural disaster relief in two decades obtaining 43 such loans of $8,257 million from World Bank alone beating down even Bangladesh and has the 2nd highest loan in the world.
Transportation
Despite the much touted economic boom, only 0.8 percent of Indians own a carmost are on foot, motorbikes, or carts. And of all the vehicles sold in India from April to November of last year, 77 percent were two-wheelers – motorcycles, mopeds, or scooters. China has built over 34,000 km of expressways, compared to less than 8,000 km in India. According to Associated Chambers of Commerce and Industry (ASSOCHAM), nearly 42o million man hours are lost every month by the 7 million -odd working population of Delhi and NCR who take the public transport to travel to work because of traffic congestion during the peak morning and evening hours. India is having only less than 1% of the world’s vehicle population.
Road Safety
India accounts for about 10 percent of road accident fatalities worldwide and the figures are the highest in the world. Indian roads are poorly constructed, traffic signals, pedestrian pavements and proper signage almost nonexistent. The other reasons are encroachments, lack of parking facility and ill-equipped and untrained traffic police, corruption and poor traffic culture. An estimated 1,275,000 persons are grievously injured on the road every year. Social cost of annual accidents in India has been estimated at $ 11,000. The Government of India’s Planning Commission has estimated there to be 15 hospitalised injuries and 70 minor injuries for every road death.
According to NATPAC, The number of accidents for 1000 vehicles in India is as high as 35 while the figure ranges from 4 to 10 in developed countries. An estimated 270 people die each day from road accidents, and specialists predict that will increase by roughly 5 percent a year. Accidents also cause an estimated loss of Rs 8000 million to the country’s economy. About 80 per cent of the fatal and severe injury occurred due to driving faults. According to World Bank forecasts India’s death rate is expected to rise until 2042 if no remedial action being taken. The number of road accidents in China dropped by an annual average 10.8 per cent for four consecutive years from 2003, despite continuous growth in the number of privately owned cars.
Doing Business in India
It takes 50 days to register a property as compared to less than 30 days in China, and less than 10 days in the United States and Thailand. Average cost of a business start-up is over 60 percent of per capita income, much higher than any of the comparator countries.
India has the highest cost of electricity among major industrialised and emerging economies ($0.8 per kwh for industry as against $0.1 kwh in China), result of the highest transmission and distribution losses in the world, or in other words a quarter of the gross electricity output. Transport costs are very high in India. It accounts for 25% of total import costs as against only 10% in comparator countries. [World Bank Report on India]
Foreign remittance from Non Resident Indians
In 2006, India received the highest amount of remittance globally from migrants, 27 $Billion. Around 20$ billion of this came from the Gulf expatriate workforce. Together, GCC countries are the largest trading partner of India and home of 5 million of Indian workforce. Indian government expects overseas Indians to pump in about US$500 billion into the FOREX reserves of the country in the next 10 years, making them the single largest source of foreign receipts.
Nearly three million people in Africa are of Indian ancestry, and the top three countries having the largest population of Indians are South Africa, Mauritius and the Reunion islands. They also have sizeable presence in Kenya, Uganda, Tanzania in the east and Nigeria in the west.
Foreigners Living in India
Historically, about 72 % of the current Indian population is originated from Aryanrace. Prominent historians and Dravidians consider Aryans as foreign invaders to India. The Aryan Invasion Theory (AIT) was postulated by eminent Oxford scholar Max Muller in 1882 and later advanced by several western and Indian historans.
Under the current scenario, potential migrants or ‘invaders’ to India include few ‘hired or weird’ Pakistani bombers, villagers around India’s border with Bangladesh, Tamil refugees from Sri Lanka and Indian import of Nepali prostitutes. 92 year old, Indian Painter Maqbool Fida Hussain lives in Dubai after death threats from Hindu militants. According to Hindu extremists Bangladeshi story teller Taslima Nasrin passed all the tests for an Indian citizenship. Italian born Sonia Gandhi , the Christian widow of Rajiv Gandhi is still considered as a foreigner by Hindu elites while Pakistan born Hindu, Lal Krishna Advani is ‘legally and morally fit’ to become India’s next Prime Minister.
Quit India!
Sixty years ago Indians asked the British to quit India. Now they are doing it themselves. To live with dignity and enjoy relative freedom, one has to quit India! With this massive exodus, what will be left behind will be a violently charged and polarized society.
Hindutva’s fake National Pride on India
A 2006 opinion poll by Outlook—AC Nielsen shows that 46 % of India’s urban class wants to settle down in US. Interestingly, in the Hindutva heart land of Gujarat, 54 % of people want to move to US.
Even Parliament members of the Hindutva party are involved in human trafficking from India. Recently police arrested, Babubhai Katara, a Bharatiya Janata Party (BJP) MP, who was part of such a racket. He received 20,000 US $ per personfor US migration from victims.
When Indians are fleeing around the world to find a job, how can this hindutvaidiots can claim on “National Pride of India”?
India is the World Bank’s largest borrower, In June 2007 it provided $3.7bn in new loans to India. Due to the fake ‘India Shining’ propaganda launched byHindutva idiots, foreign donors are reluctant to help the poor people in this country. According to figures provided by Britain’s aid agency, the total aid to India, from all sources, is only $1.50 a head, compared with an average of $17 per head for low-income countries. [Financial Times]
Gridlocked in corruption, greed, inhumanity and absolute inequality – of class, caste, wealth, religion – this is the Real INDIA. Hindutva Idiots, Your false pride and actions make our life miserable.
 
@rock71....with respect to all your input here....which party you think has governed this country for most of its post independence time....Congress...i.e for total 51-52 years...which is a secular party and i think they have anti hindutva ideology....then how could you possibly blame an hindu party for the current scenario....BJP has ruled this country for just 6 years...
and if you are not aware of the recent happenings then please don't try to put such pathetic examples.....
By the way the secular congress party is involved in one of the biggest scams in the world....corruption is the forte of congress not any hindu party...yet we choose them to governed our country....that is our biggest mistake.
 
Why not publish a book?

1.In fact many books have been written on India being a dole case and an international nuisance. They send on the average 1 mlln illegals flooding the developed nations every year. This in spite of their bevy of billioneries they boast. It's a nation of slums, hunger, illiteracy, pestilence behind the polish and dazzle of Mumbai.

2. We, Bangladesh, are a small country with endless problems. But we are happy, peaceful, peace loving, and working hard to look after ourselves. Give you some examples:
a. In the past we used to have thousands, and even hundreds of thousands, people used to perish in the regular cyclones that hit our coast. Now perhaps only a couple of unfortunate people are lost. We have managed this through a regime of pre-cyclone and post cyclone activity. In recent times USMC have been collaborating with us in this effort. In comparison, in neighboring India, there is always a screw up and scam causing massive death and destruction.
b. We are the leading exporters of ready-made garments to the world. You will, in all probability, be wearing a shirt we make.
c. For years now education has been free upto level 12. Thereafter, it is highly subsidized. That is not all - a girl child going to school receives a monthly remunerative incentive from the govt.
d. Medicare is free to all.
e. Society takes care of the orphans, or the very old. We never had famine. Our culture does not permit you to see your neighbor starving.
f. Who has not heard of our Nobel Laureate Dr Mohammad Yunus and his micro-credit banking?

3. We would be doing much better but for our massive neighbor of a bully called India. Not only us, she bullies all her neighbors who all hate her.
 
Why you forget that most of the so called illegal migrants are skilled labor and not idiots from your country who floods India for better living and end up creating slums behind the polish and dazzle of Mumbai like city.
 
Why you forget that most of the so called illegal migrants are skilled labor and not idiots from your country who floods India for better living and end up creating slums behind the polish and dazzle of Mumbai like city.
1.Your politicians have been saying that for a long time. And we are fed up hearing this canard. Why don't you round them up and send them back? Actually your politicians are so deep and deep in graft that they have to invent issues to divert people's attention.

2. Our economy is doing good. Jobs are available. A lot of opening in the agriculture sector also. We are having a revolution there. Why should our people leave their home, a peaceful country, a caring society where work is available to go to a lawless slum with bombings every other day, religious riots, police atrocities and high cast terror?
 
Good Old days .. Why can't we all Drink , eat and make merry :angel: .. rocky71 I love the picture you provided .. Take a chill pill and relax..., wish we had such a prosperous neighborhood but it's long way away.
 
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1.Your politicians have been saying that for a long time. And we are fed up hearing this canard. Why don't you round them up and send them back? Actually your politicians are so deep and deep in graft that they have to invent issues to divert people's attention.

2. Our economy is doing good. Jobs are available. A lot of opening in the agriculture sector also. We are having a revolution there. Why should our people leave their home, a peaceful country, a caring society where work is available to go to a lawless slum with bombings every other day, religious riots, police atrocities and high cast terror?

if urs govt want them we can send them ,by the way good luck to urs utopian land that call bangladesh which kissinjer said bottomless basket ha ha ha :biggun:
 
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