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Orginally posted by Manasvi
Top 20% of Indians having less than Rs 7.5 lacs !!
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Orginally posted by Manasvi
Since I have been in India for > than a quarter
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Orginally posted by Manasvi
Some interesting knowledge I d like 2 share . Wish all 2 read this link and expect Crenshaw 2 counter this .
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I just quoted 15 million That was conservative !.
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Orginally posted by Manasvi
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How many guys from Infosys / Wipro /Oracle india / PWC/ArthurAndrsen/HLL/P&G /Mc Kinsey do u find taking the Canadian PR ????
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Orginally posted by Manasvi
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http://www.indiaonestop.com/middleclassesindia.htm
The upper middle class comprises an estimated 40 million people. They have annual incomes of US$600,000 each in terms of Purchasing Power Parity (PPP).
The middle middle class comprises an estimated 150 million people, each with PPP incomes of US$20,000 per year each.
The lower middle class comprises an estimated 110 million people. An estimate of their annual income is not available, but they are mostly the relatively affluent people in the rural areas of India.
The middle classes ON THE WHOLE (i.e. upper middle + middle middle + lower middle classes) is expected to grow by 5 to 10 percent annually.
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Oh Yeah I sure wud advise u also the same
1. India s per capita GDP is $3,000 and not $ 600 ($3k = Rs 1,50,000) And this is per capita .......... think abt the top 10 - 20 % . Just think and u will discount your Rs 100/- day claim .
Source:
http://www.cia.gov/cia/publications/factbook/geos/in.html
Lifetime savings <> per capita income .
2. U ve mentioned reversedly that 80% of Indians wudnt be able 2 cough INR 750 k for Immigration and thats what I have stated ----it looks ridiculous that top 15% Indians wudnt b having 7.5 lacs .
2. Revisit page 3 and u ll realise what figures I was talking (15% or 15 million )
3. PPP <> GDP . PPP is in equivalent $ terms .
4. My staying out is a proof in itself that things arent gung ho in Canada .I m reconsidering an entrepreneurial possibility if at all .
5. U & Chandresh (2/10k) .........whats the percentage ??? That speaks volumes in itself .
Manasvi .
Lol, I can see you're back to the office after the weekend!
Quote:
Orginally posted by Manasvi
1. India s per capita GDP is $3,000 and not $ 600 ($3k = Rs 1,50,000) And this is per capita .......... think abt the top 10 - 20 % . Just think and u will discount your Rs 100/- day claim .
Source:
http://www.cia.gov/cia/publications/factbook/geos/in.html
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Orginally posted by Manasvi
Lifetime savings <> per capita income .
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Orginally posted by Manasvi
2. U ve mentioned reversedly that 80% of Indians wudnt be able 2 cough INR 750 k for Immigration and thats what I have stated ----it looks ridiculous that top 15% Indians wudnt b having 7.5 lacs .
Quote:
Orginally posted by Manasvi
2. Revisit page 3 and u ll realise what figures I was talking (15% or 15 million )
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Orginally posted by Manasvi
3. PPP <> GDP . PPP is in equivalent $ terms .
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Orginally posted by Manasvi
4. My staying out is a proof in itself that things arent gung ho in Canada .I m reconsidering an entrepreneurial possibility if at all .
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Orginally posted by Manasvi
5. U & Chandresh (2/10k) .........whats the percentage ??? That speaks volumes in itself .
http://inhome.rediff.com/money/2004/mar/22wbank.htm
http://www.theglobalist.com/DBWeb/printStoryId.aspx?StoryId=2753
http://fecolumnists.expressindia.com/full_column.php?content_id=54706
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Hi !!
Although I have not been visiting the forum very regularly, but I do come off and on to check on the latest. I could not resist the temptation to contribute to this line of thought.
I agree that most of the DESI's that land here, do keep on comparing Canada to India and waste a lot of their energy in doing so. They can keep on cursing the Canadians but that for sure will never help them. I urge them to just try and recall the time when they planned to come here. I am sure they had a lot of good reasons to come here and struggle their way up. For if not, they would not be here in the first place. So just remind youirself that those were YOUR thoughts and dreams. All you need to do is work hard towards them. Belive in yourself and just tell yourself time and time again that you will succeed.
I also dont agree with the negative views expressed against India, reason being, for one that is my homeland, secondly, its too huge to be compared to Canada in terms of population and their issues. So let us not waste anymore energies on the comparison and stick to what we are here for. TO SUCCEED.
Just one more thought, I feel the strongest point that we Desi's have in ourselves that makes us successful in anypart of the world is that we are flexible and adapt well to the situation. So if u are in Canada learn English, the Canadian version of it, try to accept all different cultures and ethnic groups, that is what being a true Canadian is all about. So my friends lets make an effort and think on these things and then channelise our efforts in the right direction.
Cheers
Natasha
Thanks Raj for all ur figures and articles . Thanks Natasha for ur encouraging words .Thanks Crenshaw for mellowing down & making the discussion more worthy .
Taken from pg 3 of this thread
Ok agreed not all are eligible to reach Canada . Say 15% of the above (very rough estimate ) are eligible. That pronounces 150 million. Out of these 15 crores even if 10% think of arriving Canada (ie 15 million) GTAs estimate for 2020 wud be over by now !!!
The reality is that a majority of well earning professionals who are settled in India (Doctors /CA s / Businessman) DO NOT consider the Canadian option . They are comfortable and settled in India in their own habitat and wudnt wish to come over . Satisfied and glowing .
How much is 10% of 150 million ?? 15 million thats what I ve quoted .Though Im sure that the number of Indians who have Rs 7.5 lacs is much higher .....(As much as U R SURE of a lot of IIT / IIM grads on this board ...... )
Jokes apart the fact stays that professional Indians having greater worth than 7.5 lacs is pretty high but they willingly dont consider the Canadian option !!!!! Thats good awareness for them .
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I am unable 2 understand what u r trying 2 say Crenshaw --- how much % of Indians as per u wudnt be able 2 cough 750k??? 10 million , 20 million,50 million ??------ India s population is > 100 crores.Even if we talk of 20% people we are talking 20 crores or 200 million ...........!!! GTA s estimate for 2010 is 10 million !!!!!
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Isnt it surprising that I didnt land permanenetly ???? And I m considering it as an option as I ve spent lot of time n money on this ..........much like other Immigrants and thats the answer to this thread as to why so many are complaining and dont go back ..................
They were shown a dream and they sacrificed their careers and future for it and in the end they got a raw deal ........... Thats why they complain as they werent delivered what they were promised ......... Engineers and doctors were forced to lift boxes and drive cabs ...............
Y they dont return is due 2 the same reason ...they ve put in lot of money n efforts and try2 make it good. They know they cant turn time back . !!!
But as Natasha put it way to go .......
Manasvi
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