Reply to: India overtakes the UK in GDP terms

[yetanotherbob]

Are you an Indian passport holder?

Doesn't matter what passport he holds, as long as he is resident in India he can..
Shame he can't vote though - commonwealth citizens resident in the UK can vote but unfortunately India doesn't have a reciprocal arrangement

[SueEllen]

How much are their houses worth? Can I buy a bedsit in Mumbai for under £3m?

Are you an Indian passport holder?

Then nope to can you buy property there.

[vetran]

After 200 years of colonisation where the GDP dropped from 25% of the world economy to less than 3%, maybe 60-70 years doesn't look to bad

true

[yetanotherbob]

Well they have had 60 years since they were part of the Empire to fix the corruption, not quite done it yet.

After 200 years of colonisation where the GDP dropped from 25% of the world economy to less than 3%, maybe 60-70 years doesn't look too bad

[shaunbhoy]

How much are their houses worth? Can I buy a bedsit in Mumbai for under £3m?

To give you an idea, when I hired a 4-bed unfurnished apartment in Calcutta in 1995 it cost £1400 per month!

[DimPrawn]

It is amazing really that a country with a population of 1.25B has only just drawn level with a country with a population of 65M.

Just show's you how unequal the world is. The average Indian has 1/20th the wealth of the average UK citizen.

It will be a long, long time before that gap is closed.

How much are their houses worth? Can I buy a bedsit in Mumbai for under £3m?

[AtW]

You do realise that prosperous trading partners is likely to be good for us? Like how China is now a huge importer of fine wine, whisky, etc.

India got very high levels of protectionism, the wealth is also very much uneven, those who wanted to buy Range Rovers have already done so, more or less.

EU market is far more attractive as there are far more individuals to sell to.

[d000hg]

Well done Farage and everybody who voted for Brexit.

You do realise that prosperous trading partners is likely to be good for us? Like how China is now a huge importer of fine wine, whisky, etc.

[northernladyuk]

Luckily soon we will be reducing our exposure to corruption

Corrupt European countries costing EU nearly £800bn a year, says study | The Independent

They should put Michael Gove in charge and then all EU countries would be above the EU average.

[vetran]

Luckily soon we will be reducing our exposure to corruption

Corrupt European countries costing EU nearly £800bn a year, says study | The Independent

Britain is the sixth least corrupt country in Europe, behind Luxembourg, the Netherlands, Sweden, Finland and Denmark, it says. Eastern European countries are all above the EU average when it comes to levels of corruption and are ranked in the bottom half of a table of 28 member states.

[vetran]

Does this mean that the UK will stop sending aid money to India and that India will start sending aid money to the UK after Brexit

most of the Rotary clubs round here have a heavy Sikh presence, my Sikh neighbour actually runs a charity helping people in the UK.

If we ever really need it I expect they will.

[vetran]

Because we couldn't do it here

according to studies we have already.

Transparency International - The Global Anti-Corruption Coalition

Its endemic over there, here we rarely see it.

Forbes Welcome

Poverty in the UK is nowhere near as widespread and despite the best efforts of the jobcentre very few people starve to death over here or lack access to clean water or medical care.

[sal]

Indeed, lets hope they fix the corruption, poverty & injustice over there.

Well done India.

Because we couldn't do it here

[AtW]

Well done Bob.

Well done Farage and everybody who voted for Brexit.

[d000hg]

Does this mean that the UK will stop sending aid money to India and that India will start sending aid money to the UK after Brexit

It's hard to see that we can give them an amount that realistically makes much difference. Like a mouse trying to help an elephant up the stairs.