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Re:Fab in India: India is trying to create an indigenous chi... by barry-cotter on Saturday October 05, 2019 @07:32AM (#21164966)
This is ridiculous. If Malaysia is on the verge of surpassing Portugal in per capita GDP why can’t India? They’re each “deeply colonial states”, neither of them having any real connection to pre-British states except as constituent units. More generally India has already done plenty to help its citizens. Even before the end of the License Raj, when the wannabe Fabians we’re running India you had massive improvements in health and education. Since the worst of the economic mismanagement was removed the Indian economy and the general populace's living standards have just shot up and continue to do so.
Re:Fab in India: India is trying to create an indigenous chi... by theseadroid on Saturday October 05, 2019 @08:13AM (#21165078)
Your statement on Malaysia and Portugal GDP per capita surprised me. So I did some fact checking. According to Wiki Malaysia’s 2018 GDP per capita is usd 10,941. Portugal is 23,176. [1]

1. https://en.m.wikipedia.org/wiki/Economy_of_Portugal

https://en.m.wikipedia.org/wiki/Economy_of_Malaysia

Re:Fab in India: India is trying to create an indigenous chi... by vincentmarle on Saturday October 05, 2019 @08:32AM (#21165142)
If you look at purchasing power parity (PPP), the numbers are closer together: $30,859 (Malaysia) and $32,023 (Portugal).
Re:Fab in India: India is trying to create an indigenous chi... by xchaotic on Saturday October 05, 2019 @08:52AM (#21165227)
How many MacBook Pros do you get though. If anything, what the software developers might want is likely more expensive in Malaysia than Portugal. Likewise for India.
Re:Fab in India: India is trying to create an indigenous chi... by rohit2412 on Saturday October 05, 2019 @09:28AM (#21165372)
Then go define your software developer purchasing power parity index.

Such economic measures are complex, and if you want to see a single number for a country, that number should be representative for everything and everyone

Re:Fab in India: India is trying to create an indigenous chi... by chvid on Saturday October 05, 2019 @09:43AM (#21165446)
Even in Malaysia expenses for tools such as computers and software is small compared to wages for skilled professionals.
Re:Fab in India: India is trying to create an indigenous chi... by Synaesthesia on Saturday October 05, 2019 @07:47AM (#21165000)
China did it, Korea did it, all the Asian tigers did it, (The USA too, long ago) and via the same way: domestic government investment and programs to stimulate manufacturing.
Re:Fab in India: India is trying to create an indigenous chi... by reaperducer on Saturday October 05, 2019 @12:24PM (#21166365)
There is little precedence of such a deeply colonial state ever being able to help its subjects in a meaningful way

America was a British colony, too, once upon a time.

Re:Fab in India: India is trying to create an indigenous chi... by _emacsomancer_ on Saturday October 05, 2019 @03:11PM (#21167335)
US, Canada, Australia are/were rather different sorts of colonies from India or Malaysia.
Re:Fab in India: India is trying to create an indigenous chi... by sbmthakur on Saturday October 05, 2019 @01:31PM (#21166785)
Please, read more about the project. IITs aren't "colonial institutions".
Re:Fab in India: India is trying to create an indigenous chi... by BAReF00t on Saturday October 05, 2019 @07:26AM (#21164944)
You vastly underestimate the size and diversity of India. Their middle class is bigger than that of the USA or I think even that of the entire EU.

The can have a low rate on pretty much every statistic, while still having a higher total amount of it than us, simply due to.the sheer size of people. They could have an entire state, more modern, rich and with more people than Germany, while keeping their current statistics. No problem.

Also: Are you Indian (I think not), or what is your basis for the ”rootless“ statement. To us Germans, Americans appear rootless. But we are not competent to judge that!

Finally, things like this right here ARE how you get Indians out of poverty and illiteracy! Even if just via the resulting businesses lobbying for more education.

Re:Fab in India: India is trying to create an indigenous chi... by selimthegrim on Saturday October 05, 2019 @09:46AM (#21165456)
He’s a closet Hindu nationalist
Re:Fab in India: India is trying to create an indigenous chi... by dang on Saturday October 05, 2019 @03:19PM (#21167374)
Please don't take HN threads further into nationalistic flamewar.
Re:Fab in India: India is trying to create an indigenous chi... by simongray on Saturday October 05, 2019 @08:02AM (#21165048)
> Their middle class is bigger than that of the USA or I think even that of the entire EU.

According to Wikipedia: "Indian middle class is 3% or 40 million of Indian population."

That's not a whole lot of people and definitely not comparable to North America or Europe.

https://en.wikipedia.org/wiki/Standard_of_living_in_India

Re:Fab in India: India is trying to create an indigenous chi... by accidentaldev on Saturday October 05, 2019 @08:15AM (#21165086)
The same article has other stat that says anywhere between 30-300 million are considered middle class.

Is there a consensus among economists on what the real number is ?

Re:Fab in India: India is trying to create an indigenous chi... by saimiam on Saturday October 05, 2019 @12:52PM (#21166540)
My wife’s most cited and quoted paper is on correctly defining the Indian middle class. Happy to share the link if there’s interest.
Re:Fab in India: India is trying to create an indigenous chi... by saimiam on Saturday October 05, 2019 @08:56PM (#21169061)
Re:Fab in India: India is trying to create an indigenous chi... by stallmanite on Saturday October 05, 2019 @01:29PM (#21166777)
I’m interested, please post the link to the paper.
Re:Fab in India: India is trying to create an indigenous chi... by saimiam on Saturday October 05, 2019 @08:56PM (#21169059)
Re:Fab in India: India is trying to create an indigenous chi... by selimthegrim on Saturday October 05, 2019 @05:03PM (#21167946)
Yes, I’m interested too.
Re:Fab in India: India is trying to create an indigenous chi... by saimiam on Saturday October 05, 2019 @08:56PM (#21169060)
Re:Fab in India: India is trying to create an indigenous chi... by simongray on Saturday October 05, 2019 @08:23AM (#21165109)
It's obviously not an exact science, since "middle class" has as much to do with how people define their own social status as it has to do with their actual income. But those measures counting hundreds of millions of Indians as middle class are doing that by including people surviving on a few dollars a day. Maybe in an Indian context where poverty is widespread this is considered middle class, but it's quite misleading to present that as middle class to a Western audience.
Re:Fab in India: India is trying to create an indigenous chi... by oblio on Saturday October 05, 2019 @10:03AM (#21165535)
I'm willing to bet that the disposable income of the US/EU middle classes exceeds that of the Indian one at least 10:1, for now.
Re:Fab in India: India is trying to create an indigenous chi... by geogra4 on Saturday October 05, 2019 @08:06AM (#21165059)
It's about the same size as France, who matches India in real gdp
Re:Fab in India: India is trying to create an indigenous chi... by simongray on Saturday October 05, 2019 @08:14AM (#21165080)
That is not the claim that was being made though. The one I replied to said India's middle class was bigger than the American and European ones. Being comparable to country with 5% of India's population basically just underlines the fact that India's middle class is tiny.
Re:Fab in India: India is trying to create an indigenous chi... by selimthegrim on Saturday October 05, 2019 @09:45AM (#21165451)
Yup, that Delhi-Lucknow Ganga-Jamni tehzeeb is deeply rootless. I’m sure Mamta didi et al and the by now Bengali minority in Kolkata are happy you’re dubbing them as deeply rootless.
Re:Fab in India: India is trying to create an indigenous chi... by dang on Saturday October 05, 2019 @03:20PM (#21167376)
Please don't take HN threads further into nationalistic flamewar.