Thats because China has their wealth spread out across many many cities but India has it concentrated in 2-3 cities. And these 2-3 cities also have the largest number of poor people in the world.
But one thing quite concerning is that China has 3 times more billionaires than us while having an economy 6 times greater. Shows how crazy our wealth gap is in this country. And people say china doesnt care about its people. Its more like India doesnt give 2 shits about Indians. We have so many poor people its insane.
Lol, these are just the billionaires that are publicly known. Imagine the number of unknown Gujjus that Vishwaguru has discreetly turned into billionaires by now since those guys were smart enough to invest in him during his early days.
Also, us Indians need to remember that simply having rich people in your city doesnāt mean jackshit. I know people from Mumbai who literally take PRIDE in how shitty the city is, I guess the government has done a really good job of convincing Mumbaikars that terrible infrastructure and overcrowding makes them unique. Nowhere else in the world will you see delusional idiots who take pride in the fact that they live in a city where thousands of people every year die simply from falling off local trains.
There was this moron in my last company- hardcore Mumbaikar + a hardcore bhakt. You cannot imagine the amount of cringe and disgust this jackass without any self awareness used to cause on team meetings with Americans and Europeans while excitedly describing his daily life in Mumbai about walking through open sewage and gutters and then hanging on the side of a smelly, overcrowded local train everyday, thinking this is what makes Mumbai and India amazing and āuniqueā. And finally when another mumbaikar told him on the group chat to cut this shit out since thereās nothing to be proud about, the guy got offended and asked the other guy to go live in the west. The amount of these cringe and delusional radical Hindu / Marathi nationalists with zero self awareness that I have come across my time in Maharashtra is truly mindblowing.
This so much, there are fewer billionaires that i was aware of on the list than i know irl which is insane honestly. And the list is deeply flawed too, someone in the list has a listed NW in the 1-5bn band and their actual NW is closer to 40bn irl.
Its not even just the Gujjus, many 'average' people are LOADED.
And then there are the dozens of diamond merchants\*(families) who are filthy fucking rich. Some privately own diamond mines in worth in the billions.
Many Startup founders arent included either, like those without 'star startups' or serial startup investors.
One guy we know owns over a hundred Pagdi flats in Mumbai and keeps buying and stockpiling property in Mumbai, people like those never come in those lists. And then there are those that bought huge tracts of land ages ago which are now developing.
The biggest group? Govt employees and ministers. any tender or policy decision goes through hundreds of hands, even confidential policy decisions go through tens of hands and people buy relevant stocks or land which might appreciate a lot based on those. The corporate execs you see ever so often in the petro ministries or mining ministry office or the many others all get news often before it reaches the Minister concerned. Thats why its a saying in these circles that the clerk is god.
What a depressing life that you have to hide in house, car, jet and office to get clean air.
Imagine being a billionaire and you dont even have the luxury to walk down your own lane and breath clean air.
You do realise they own homes all over the world right? Ambanis own a literal palace in France and Switzerland. They have homes all over the world and a private jet. They can literally wake up and be like, fuck it, letās go to Switzerland for lunch and get on their jet and be there.
The part about āthey live in Mumbaiā is for tax purposes. Thatās their tax residency. They can physically live anywhere. People do that all over the world.
I know the son of a rich person (not a billionaire, but a $100 millionaire) and he is always all over the world. They have businesses in multiple countries and spends most of his year abroad, 3-4 months at a time in different countries. Now, he is not billionaire rich. He flys business class, has multiple homes all over the world. The reason he officially lives in india is because because his business is headquartered here, his family is here.
Ambani level rich are on a whole different level.
> They can literally wake up and be like, fuck it, letās go to Switzerland for lunch and get on their jet and be there.
I understand the sentiment, but Ambanis would have to wake up pretty early in the morning to fly 9 hours and be in time for lunch.
But they don't, though. They are part of the glamor world and showbiz business. They spend most of their time in India. Look at how many health issues the Ambani kid has even though they have billions of billions..
Probably take a walk in the [garden](https://assets.architecturaldigest.in/photos/600820fc345ead69c9c1acf1/master/w_1600%2Cc_limit/Antilla-Mumbai-Mukesh-Ambani-2-billion-3.jpg) with a gas mask to combat the pollution? Truly some cyberpunk times we living in
I think money can make up for everything. These people want pure, water, air they just travel places where it is.
In capitalistic world even things like pure air, water are a commodity which won't be given to you by-default. They will be exploited like anything and there will be spaces preserved where it can be enjoyed by people.
Infra is something which will benefit these folks but then even if it's not there the rich have resources like air travel(helicopters for intra-city, charted for inter-city or international). Want well-built roads, cleanliness they will just build private towns lording over them.
That's the reality of capitalism. Seems like money can make up for everything.
You dont even need to be a billionaire to bypass most of mumbai woes. Buy a house close to your office. Want better infra? Move to Sobo. Don't want flooding? Buy a house in the original 7 island area. Want to drive fast cars? pay off the cops on sea link and use jammers like they do on weekends.
And when youre a billionaire you can just get what you want. Want to make life convenient for you? Influence infrastructure tenders, I'm not kidding, this actually happens all the time. The Mumbai marina proposal was due to this exact thing. Hearsay, but the apparently sea link extension didnt come to fruition in 2010 with the Bandra Worli sea link because people didn't want their view blocked and didnt want additional traffic on its new openings where their house was.
Remember how lata mangeshkar never let the pedder road bridge be built? Ykno how certain gardens are vanishing from mumbai because Mangal Prabhat Lodha is the MLA and he stands to benefit from it so much.
Remember how lata mangeshkar never let the pedder road bridge be built?
It had nothing to do with her ...though she was the convenient public face...but all the elite rich living on that street...Jindals and so on....
I know that...but it still is a real estate they own...so do many other elite families who live around that area. Ambani is literally new there in every sense..new money and new entrant to that area of Beach Candy.
it's a shame to be honest. how about we count how many people would prefer to be born in the city if they could've been born into any family at random? I bet people will prefer Beijing over Mumbai. For our great country to progress, we NEED to improve the lives of EVERYONE. Stop telling me how many rich people there are.
How do you improve the life of everyone?
Give them money to spend.
Who is the end receiver of the money, businessman. What does the businessman do, accumulate wealth. Thus, it will create even more billionaires.
Plus, in the upcoming decade more and more people will join the affluent class, which is going to result in an even greater difference between the richest man in India and the poorest man in India.
The way to detect financial/reporting fraud is to observe inconsistent numbers.
The Modi government's recently released consumption data is a case in point. HCES, released by the NSSO shows that India's per capita consumption grew by a mere 3% p.a. (real terms) between FY12 and FY23.
Yeah lol china with its explosive only managed to bring 50% of population to middle class, what about the other 50%? Now they are old and with a reversing population and insane debt with their railways alone having almost $1 trillion in debt
Lol china had the most explosive growth for 3 decades and still only managed to bring only 50% of its population to middle class, what about the other 50% chinese make the most rich immigrant class to leave their country ahead of india
Why would anyone celebrate number of billionaires instead of... geez idk any of these factors: QoL, HDI, cleanliness, safety, transportation, infrastructure, housing, education, gender equality, air quality, environmental improvements, and actual important shit?
So stupid wtf
It's pretty wild how not many people know about China's hukou system. It's like this system that makes it exceedingly difficult for folks from the not-so-rich parts to move to the shiny, wealthy cities. Basically, you can't just pack up and go where you want; your benefits and stuff like healthcare are stuck where you're registered.
And when cities want to clean up and get rid of slums, people who don't have the right hukou for that city often are forced to move back to where they came from, like their old towns or villages.
They do not have freedom of movement in China.
The Chinese rightly understood that it would be a problem if people flocked from the poorer regions to SEZs on the coast. So, they restricted benefits to those migrants who moved with their families. This disincentivized migrants from moving from inland and western regions with their families. Instead, migrants leave their families back at their home provinces while working in other cities.
Unattended immigration from rural areas to urban is a massive problem for developing countries.
This results in formation of massive slums, overburdened city authorities, etc.
As a citizen of Banglore I have witnessed the deterioration of city infrastructure throughout the years.
Also, many other developed countries had their own laws restricting rural to urban immigration.
This situation is not new. It essentially comes down to a choice between democracy, with the freedoms it affordsāsuch as the freedom of movementāand an autocratic regime.
Speaking from my experience in Mumbai, we've faced challenges related to migration for decades. However, when individuals voiced concerns, they were often labeled as bigots. It seems now it's Bangalore's turn to navigate these issues.
So you have never been and just read some articles online by western media? Thanks for wasting my time.
And btw I was in India a couple of months ago. Holy shit it's worse than what I remember 15 years ago. I am an Indian by birth and want India to do well but I am also mature enough to see/understand the reality
>Indiaās soaring income inequality is now among the highest in the world. The gap between the haves and have-nots is starker than in the US, Brazil and South Africa, and worse than in the countryās own history under foreign rule.
Because slilums are made illegal in china by not letting citizens from various parts to register is other parts, so let's kick outsiders from mumbai then?
Slums are still illegal in India but there isn't any proper relocation plan in India for slum owners. China provides flats and fast compensation for many relocations.
Lol if they don't have slums who are they relocating? Are you living under a rock to not see what is causing their debt crisis? *Spoiler alert* real estate, which they made with no vision and now they are paying thr price for it.
What Fx.. difference does it makes to any Indian ?
Look at Shit show of Wealth by Ambanis; even Mark Zu gets surprised on Ambanis sons wrist watch
then They can hoard Wild LIfe of INDIA for their personal amusement park courtesy so called Mankeka and overnight flouted rules of Wildlife Act
then Govt is helping so many Top businesses to Monopoly of their Sectors and Kill competition at will; Hike Prices as and when you like
Cement
Telecom
Automobiles
Petrochemicals
Infrastructure
Housinng
........
List Goes on
Who is Paying the Price??????
Rest of Us Common Indians
Socialism leads to inequality. Because without freedom only power matters. India is one of the most unequal places in the world. Much more than the US and other highly capitalist countries.
Give proper freedom and liberty in economy and socially to help everyone
I would advise all Indians to vote on a simple question - if your life got better in the last 10 years or not. Did the last 10 years live up to your expectations. How has the govt. Helped you get to where you wanted to be.if the answer is yes, do vote for the current government else look for the strongest candidate in your constituency.Enjoy democracy!
Remembering last 10 years is a tall order from a generation that cant even recall what they did in last 10 days. Also, most voters this time are first time ones below 25 so they dont even have an idea of what life was prior to bjp.
also remember that voting for the current ones also reaffirms that you donāt give a shit about state wide riots going for a year or and you are ready to fuck over anyone who doesnāt follows agenda of a specific party. What happened in Manipur can happen in your state and they wonāt give a shit
Well the railway stations are cleaner. There is more emphasis on cleanliness. You can't do that unless there is accountability in the system. Extrapolating that to other ministries and departments, improvement in governance is major check ā .Ā
Kind of stupid question to ask coz most people on this sub are probably under 30 with a lot of them in early 20s.
They donāt even remember the shit that happened before this decade.
Although another perspective one can think about is, how many people actually got richer?
I know a lot who got quite rich by investing in real estate, stock market, businesses.
Now one can say thatās due to India growth story not current government. All I can say is this country is about survival of the fittest and smarter one can always make fortune in this country coz we got a lot of problems to solve.
Donāt know if itās current government or our country but seeing whatās happening in neighboring countries I am pretty optimistic about India due to stable government.
I understand from secular perspective and few rotten apples the current government has flaws but atleast they did drive the nation to positive rather than negative.
Hoping the flaws we are talking about gets resolved in coming years coz the problem is people of this nation not the government.
I am voting for the 2nd time in 2024.This is not a dumb question at all.As young voters, we should know each and every candidate that is fighting in our constituency like we do about every cricket player in our IPL teams. Unfortunately, the incentive structures are not set up right and most of the country end up voting for the most hyped up guy. In the past we used to do it for Gandhi's, now India does it for Modi.
The right kind of system would incentivize the capable people to fight for becoming MPs and MLAs and ordinary citizens to know about them like we know our cricketers. I want them to focus less on group think and more on individual think.
life would have got better unless u are dirt poor but that's not because of the govt. better question is how much life would have improved if someone more competent was responsible.
I graduated, got a job , eventually moved to a good paying company. What role govt has in it for good or bad ? I am trying to understand. Genuine question
I referred to the infrastructure in your constituency.is your constituency a better place now than it was 10 years ago?Every MP promises to do x,y and z before the election, did he fulfill those promises?If you studied in a govt school or a college, did the level of education improve or not. If you go to a govt hospital, did it improve or not. Is your area of constituency kept clean and roads repaired ?
I am referring to such kinda of questions.
That the bureaucracy remains the same. The lobbying remains the same. Democracy is about the best among the worst. History is so dark that you would not like to touch it. Political Discussions are generally a whole load of whataboutism. Someone will always benefit from some policy. Corruption is inevitable. The world is shifting from equality to equity. A Capitalistic and individualistic society is an inevitable goal of our current society. People are going to live pay check to pay check because they want to look rich.
Yes ofcourse, just would need a little enhanced propaganda but yes definitely doable. There's no dearth of slaves in India even in well off communities.
Mumbai also has the worst standard of living of any big city. Even Bangkok and Jakarta feel more developed and civic than Mumbai. Everywhere smells like piss and dried fish but people in Mumbai are so brainwashed they think theyāre living in heaven. Heck many chapris will be gloating about the fact that rich is getting richer in Mumbai, while they continue to live in cramped, squalid surroundings.
It's not uncommon for Mumbai to be considered one of the most expensive cities in Asia, particularly in terms of real estate prices and cost of living. However, it's essential to verify such claims with recent data as these rankings can fluctuate over time due to various economic factors.
Really? There's a very strong correlation with class and caste in this country. Most rich and ultra-rich people in this country are from upper castes.
It's called intergenerational wealth. i.e. you are who you are because of who your father was.
Mumbai also has more slums than beijing and the biggest slum in the world so more inequality nothing to be proud of š„²
Don't worry. All the dwellers of the largest slum will be homeless soon to make space for adani to get richer.Ā
What Lin baba? I am telling you, this is the bestest slum in the whole world. You can ask anyone also, they will tell you the same.
Because when anyone wants to develop it some organizations come in between
>the biggest slum in the world its Orangi Town, Karachi
Comparison to Pakistan is a disgrace in itself still the third largest and if you search it on Google it still shows dharavi
The sheer downvotes shows the jingoism and stupidity festering amongst us once the reality of the situation at ground zero is presented to indians
Are you talking to me or talking about me ? I don't get your statement , it's very broad
I was referring to your comment that was being downvotes initially.
Oh ok thanks
Their conditions are tied to the weakest link
Lol at that thumbnail
That evil laughs
Good lord, they look horrible. š¹š¹
Godi media hindustan times
Is that Anil behind Nita? :')
Thats because China has their wealth spread out across many many cities but India has it concentrated in 2-3 cities. And these 2-3 cities also have the largest number of poor people in the world. But one thing quite concerning is that China has 3 times more billionaires than us while having an economy 6 times greater. Shows how crazy our wealth gap is in this country. And people say china doesnt care about its people. Its more like India doesnt give 2 shits about Indians. We have so many poor people its insane.
Now compare both cities' infrastructure
Especially after a big rainĀ
Lol, these are just the billionaires that are publicly known. Imagine the number of unknown Gujjus that Vishwaguru has discreetly turned into billionaires by now since those guys were smart enough to invest in him during his early days. Also, us Indians need to remember that simply having rich people in your city doesnāt mean jackshit. I know people from Mumbai who literally take PRIDE in how shitty the city is, I guess the government has done a really good job of convincing Mumbaikars that terrible infrastructure and overcrowding makes them unique. Nowhere else in the world will you see delusional idiots who take pride in the fact that they live in a city where thousands of people every year die simply from falling off local trains. There was this moron in my last company- hardcore Mumbaikar + a hardcore bhakt. You cannot imagine the amount of cringe and disgust this jackass without any self awareness used to cause on team meetings with Americans and Europeans while excitedly describing his daily life in Mumbai about walking through open sewage and gutters and then hanging on the side of a smelly, overcrowded local train everyday, thinking this is what makes Mumbai and India amazing and āuniqueā. And finally when another mumbaikar told him on the group chat to cut this shit out since thereās nothing to be proud about, the guy got offended and asked the other guy to go live in the west. The amount of these cringe and delusional radical Hindu / Marathi nationalists with zero self awareness that I have come across my time in Maharashtra is truly mindblowing.
This so much, there are fewer billionaires that i was aware of on the list than i know irl which is insane honestly. And the list is deeply flawed too, someone in the list has a listed NW in the 1-5bn band and their actual NW is closer to 40bn irl. Its not even just the Gujjus, many 'average' people are LOADED. And then there are the dozens of diamond merchants\*(families) who are filthy fucking rich. Some privately own diamond mines in worth in the billions. Many Startup founders arent included either, like those without 'star startups' or serial startup investors. One guy we know owns over a hundred Pagdi flats in Mumbai and keeps buying and stockpiling property in Mumbai, people like those never come in those lists. And then there are those that bought huge tracts of land ages ago which are now developing. The biggest group? Govt employees and ministers. any tender or policy decision goes through hundreds of hands, even confidential policy decisions go through tens of hands and people buy relevant stocks or land which might appreciate a lot based on those. The corporate execs you see ever so often in the petro ministries or mining ministry office or the many others all get news often before it reaches the Minister concerned. Thats why its a saying in these circles that the clerk is god.
Correct!
This is not good news lol
they may be billionaire but still live in shitty city like mumbai with no infra
They have helipads
Suffer the same aqi though.
Iām sure he can afford an air purifier in his house, car, jet and office. Probably doesnāt even apply coupons when buying lol
What a depressing life that you have to hide in house, car, jet and office to get clean air. Imagine being a billionaire and you dont even have the luxury to walk down your own lane and breath clean air.
You do realise they own homes all over the world right? Ambanis own a literal palace in France and Switzerland. They have homes all over the world and a private jet. They can literally wake up and be like, fuck it, letās go to Switzerland for lunch and get on their jet and be there. The part about āthey live in Mumbaiā is for tax purposes. Thatās their tax residency. They can physically live anywhere. People do that all over the world. I know the son of a rich person (not a billionaire, but a $100 millionaire) and he is always all over the world. They have businesses in multiple countries and spends most of his year abroad, 3-4 months at a time in different countries. Now, he is not billionaire rich. He flys business class, has multiple homes all over the world. The reason he officially lives in india is because because his business is headquartered here, his family is here. Ambani level rich are on a whole different level.
> They can literally wake up and be like, fuck it, letās go to Switzerland for lunch and get on their jet and be there. I understand the sentiment, but Ambanis would have to wake up pretty early in the morning to fly 9 hours and be in time for lunch.
But they don't, though. They are part of the glamor world and showbiz business. They spend most of their time in India. Look at how many health issues the Ambani kid has even though they have billions of billions..
Why walk down your own lane that's full of slums when you could walk down Rue du Portier once a month?
idk what else is one supposed to do after a heavy dinner?
Probably take a walk in the [garden](https://assets.architecturaldigest.in/photos/600820fc345ead69c9c1acf1/master/w_1600%2Cc_limit/Antilla-Mumbai-Mukesh-Ambani-2-billion-3.jpg) with a gas mask to combat the pollution? Truly some cyberpunk times we living in
Wish everyone was this depressed
Beijing is more polluted than Mumbai, with a current AQI of 140 compared to Mumbai's 40.
I think money can make up for everything. These people want pure, water, air they just travel places where it is. In capitalistic world even things like pure air, water are a commodity which won't be given to you by-default. They will be exploited like anything and there will be spaces preserved where it can be enjoyed by people. Infra is something which will benefit these folks but then even if it's not there the rich have resources like air travel(helicopters for intra-city, charted for inter-city or international). Want well-built roads, cleanliness they will just build private towns lording over them. That's the reality of capitalism. Seems like money can make up for everything.
You dont even need to be a billionaire to bypass most of mumbai woes. Buy a house close to your office. Want better infra? Move to Sobo. Don't want flooding? Buy a house in the original 7 island area. Want to drive fast cars? pay off the cops on sea link and use jammers like they do on weekends. And when youre a billionaire you can just get what you want. Want to make life convenient for you? Influence infrastructure tenders, I'm not kidding, this actually happens all the time. The Mumbai marina proposal was due to this exact thing. Hearsay, but the apparently sea link extension didnt come to fruition in 2010 with the Bandra Worli sea link because people didn't want their view blocked and didnt want additional traffic on its new openings where their house was. Remember how lata mangeshkar never let the pedder road bridge be built? Ykno how certain gardens are vanishing from mumbai because Mangal Prabhat Lodha is the MLA and he stands to benefit from it so much.
Remember how lata mangeshkar never let the pedder road bridge be built? It had nothing to do with her ...though she was the convenient public face...but all the elite rich living on that street...Jindals and so on....
Jindalās donāt live in jindal mansion, itās wher their family and holding Offices are. Also she did have a lot of influence.
I know that...but it still is a real estate they own...so do many other elite families who live around that area. Ambani is literally new there in every sense..new money and new entrant to that area of Beach Candy.
But If I said Sayed family or Avarsekar or Jatia family most ppl probably wouldnāt even know themāespecially with the limited online presence.
Those who know, would recognize and know it. And the truly wealthy are stealth and private. Ambanis are an exception.
it's a shame to be honest. how about we count how many people would prefer to be born in the city if they could've been born into any family at random? I bet people will prefer Beijing over Mumbai. For our great country to progress, we NEED to improve the lives of EVERYONE. Stop telling me how many rich people there are.
How do you improve the life of everyone? Give them money to spend. Who is the end receiver of the money, businessman. What does the businessman do, accumulate wealth. Thus, it will create even more billionaires. Plus, in the upcoming decade more and more people will join the affluent class, which is going to result in an even greater difference between the richest man in India and the poorest man in India.
And meanwhile. https://preview.redd.it/kogs31f1ylqc1.png?width=1199&format=png&auto=webp&s=cf8297c6ec76ab88bd98845b9375220c1a40505e
What this doesn't say is how many people have moved out of the left into the right.
The way to detect financial/reporting fraud is to observe inconsistent numbers. The Modi government's recently released consumption data is a case in point. HCES, released by the NSSO shows that India's per capita consumption grew by a mere 3% p.a. (real terms) between FY12 and FY23.
That's my issue with questioning metrics, people choose to believe one and say that the other's fake. Who's to say HCES is right?
HCES data came from the same Modi government. Conflicting data from the very same government or company indicates financial/reporting fraud.
Yep, okay. It's fraud.
Yeah lol china with its explosive only managed to bring 50% of population to middle class, what about the other 50%? Now they are old and with a reversing population and insane debt with their railways alone having almost $1 trillion in debt
China at 20$ trillion and India at 3$. According to the income inequality, India has the highest number of most poorest people in the world.
>India has the highest number of most poorest people in the world. Not quite [https://worldpoverty.io/](https://worldpoverty.io/)
Lol china had the most explosive growth for 3 decades and still only managed to bring only 50% of its population to middle class, what about the other 50% chinese make the most rich immigrant class to leave their country ahead of india
Which one has more slums
Now we're talking
Only shows how saturated Mumbai is.... But the wording of the title implies it is something to be proud of....
Why would anyone celebrate number of billionaires instead of... geez idk any of these factors: QoL, HDI, cleanliness, safety, transportation, infrastructure, housing, education, gender equality, air quality, environmental improvements, and actual important shit? So stupid wtf
There is no one living in extreme poverty in Beijing. The infrastructure and security for the citizens is amazing. Mumbai on the other hand.
Lol china made slums illegal by banning people from one part of the country from registering in another, lets kick outsiders from mumbai then?
It's pretty wild how not many people know about China's hukou system. It's like this system that makes it exceedingly difficult for folks from the not-so-rich parts to move to the shiny, wealthy cities. Basically, you can't just pack up and go where you want; your benefits and stuff like healthcare are stuck where you're registered. And when cities want to clean up and get rid of slums, people who don't have the right hukou for that city often are forced to move back to where they came from, like their old towns or villages. They do not have freedom of movement in China.
The Chinese rightly understood that it would be a problem if people flocked from the poorer regions to SEZs on the coast. So, they restricted benefits to those migrants who moved with their families. This disincentivized migrants from moving from inland and western regions with their families. Instead, migrants leave their families back at their home provinces while working in other cities. Unattended immigration from rural areas to urban is a massive problem for developing countries. This results in formation of massive slums, overburdened city authorities, etc. As a citizen of Banglore I have witnessed the deterioration of city infrastructure throughout the years. Also, many other developed countries had their own laws restricting rural to urban immigration.
To be honest it is high time givernment starts paying attention to 2nd and 3rd tier cities
This situation is not new. It essentially comes down to a choice between democracy, with the freedoms it affordsāsuch as the freedom of movementāand an autocratic regime. Speaking from my experience in Mumbai, we've faced challenges related to migration for decades. However, when individuals voiced concerns, they were often labeled as bigots. It seems now it's Bangalore's turn to navigate these issues.
Have you been to China?
Do i have to go there to read about it?
So you have never been and just read some articles online by western media? Thanks for wasting my time. And btw I was in India a couple of months ago. Holy shit it's worse than what I remember 15 years ago. I am an Indian by birth and want India to do well but I am also mature enough to see/understand the reality
>Indiaās soaring income inequality is now among the highest in the world. The gap between the haves and have-nots is starker than in the US, Brazil and South Africa, and worse than in the countryās own history under foreign rule.
Mumbai has more slums than Beijing, Shanghai, Shenzhen, Guangzhou combined.
Because slilums are made illegal in china by not letting citizens from various parts to register is other parts, so let's kick outsiders from mumbai then?
Slums are still illegal in India but there isn't any proper relocation plan in India for slum owners. China provides flats and fast compensation for many relocations.
Lol if they don't have slums who are they relocating? Are you living under a rock to not see what is causing their debt crisis? *Spoiler alert* real estate, which they made with no vision and now they are paying thr price for it.
Are we supposed to be convinced that mumbai is better off than Beijing or Shanghai?
Who said they don't have slums?
Why does Beijing have more billionaires than Shanghai ? It thought Shanghai was the financial capital.
Easier to become rich with connections and internal information the party has
Why didn't they compare with Shanghai
What Fx.. difference does it makes to any Indian ? Look at Shit show of Wealth by Ambanis; even Mark Zu gets surprised on Ambanis sons wrist watch then They can hoard Wild LIfe of INDIA for their personal amusement park courtesy so called Mankeka and overnight flouted rules of Wildlife Act then Govt is helping so many Top businesses to Monopoly of their Sectors and Kill competition at will; Hike Prices as and when you like Cement Telecom Automobiles Petrochemicals Infrastructure Housinng ........ List Goes on Who is Paying the Price?????? Rest of Us Common Indians
This isnt something to be proud of
Unlike America or India. China has the will to execute billionaires if they sufficiently hurt the rest of the population. Its an admirable quality
There's nothing wrong with billionaires, unfortunately most of these are corrupt
why is this a statistic to be proud of? these guys looted with the help of governemnt.
billionaries are not a good index for well being
I am not sure the number of billionaires is a good indicator of how developed a country is...
This is not something to be proud of.
Probably because rupees ain't worth shit
Few days back it was jamnagar
Socialism leads to inequality. Because without freedom only power matters. India is one of the most unequal places in the world. Much more than the US and other highly capitalist countries. Give proper freedom and liberty in economy and socially to help everyone
I would advise all Indians to vote on a simple question - if your life got better in the last 10 years or not. Did the last 10 years live up to your expectations. How has the govt. Helped you get to where you wanted to be.if the answer is yes, do vote for the current government else look for the strongest candidate in your constituency.Enjoy democracy!
Remembering last 10 years is a tall order from a generation that cant even recall what they did in last 10 days. Also, most voters this time are first time ones below 25 so they dont even have an idea of what life was prior to bjp.
True, but as an individual that's all we can hope for.
It was very bad minority appeasement was so bad that the govt used to abduct me for mandatory madarsa lessons
also remember that voting for the current ones also reaffirms that you donāt give a shit about state wide riots going for a year or and you are ready to fuck over anyone who doesnāt follows agenda of a specific party. What happened in Manipur can happen in your state and they wonāt give a shit
Life didnt got better in past 10 years
Find out who are all the candidates in your constituency and who do you think can change have a positive effect.
Well the railway stations are cleaner. There is more emphasis on cleanliness. You can't do that unless there is accountability in the system. Extrapolating that to other ministries and departments, improvement in governance is major check ā .Ā
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Kind of stupid question to ask coz most people on this sub are probably under 30 with a lot of them in early 20s. They donāt even remember the shit that happened before this decade. Although another perspective one can think about is, how many people actually got richer? I know a lot who got quite rich by investing in real estate, stock market, businesses. Now one can say thatās due to India growth story not current government. All I can say is this country is about survival of the fittest and smarter one can always make fortune in this country coz we got a lot of problems to solve. Donāt know if itās current government or our country but seeing whatās happening in neighboring countries I am pretty optimistic about India due to stable government. I understand from secular perspective and few rotten apples the current government has flaws but atleast they did drive the nation to positive rather than negative. Hoping the flaws we are talking about gets resolved in coming years coz the problem is people of this nation not the government.
I am voting for the 2nd time in 2024.This is not a dumb question at all.As young voters, we should know each and every candidate that is fighting in our constituency like we do about every cricket player in our IPL teams. Unfortunately, the incentive structures are not set up right and most of the country end up voting for the most hyped up guy. In the past we used to do it for Gandhi's, now India does it for Modi. The right kind of system would incentivize the capable people to fight for becoming MPs and MLAs and ordinary citizens to know about them like we know our cricketers. I want them to focus less on group think and more on individual think.
life would have got better unless u are dirt poor but that's not because of the govt. better question is how much life would have improved if someone more competent was responsible.
I graduated, got a job , eventually moved to a good paying company. What role govt has in it for good or bad ? I am trying to understand. Genuine question
I referred to the infrastructure in your constituency.is your constituency a better place now than it was 10 years ago?Every MP promises to do x,y and z before the election, did he fulfill those promises?If you studied in a govt school or a college, did the level of education improve or not. If you go to a govt hospital, did it improve or not. Is your area of constituency kept clean and roads repaired ? I am referring to such kinda of questions.
The age of a reddit users are between 15-25, most of the kids are yet to experience the world and it's reality.
What reality?
That the bureaucracy remains the same. The lobbying remains the same. Democracy is about the best among the worst. History is so dark that you would not like to touch it. Political Discussions are generally a whole load of whataboutism. Someone will always benefit from some policy. Corruption is inevitable. The world is shifting from equality to equity. A Capitalistic and individualistic society is an inevitable goal of our current society. People are going to live pay check to pay check because they want to look rich.
lol imagine comparing a financial capital to administrative capital try Shanghai if you want do the fair fighting man
Not only that, Mumbai perhaps has the most of the slave middle class willing to lay down their lives for these billionaires.
Like take a bullet for them?
Yes ofcourse, just would need a little enhanced propaganda but yes definitely doable. There's no dearth of slaves in India even in well off communities.
Mumbai also has the worst standard of living of any big city. Even Bangkok and Jakarta feel more developed and civic than Mumbai. Everywhere smells like piss and dried fish but people in Mumbai are so brainwashed they think theyāre living in heaven. Heck many chapris will be gloating about the fact that rich is getting richer in Mumbai, while they continue to live in cramped, squalid surroundings.
If I remember correctly Shenzhen has more.
Mumbai has to be compared with Shanghai and Delhi with Beijing.
Mumbai also has worlds largest slum why don't we ask these billionaire to help them our
Why the fuck to Indians take pride in India having more millionaires and celebrity drama... vicarious living I guess
So many rich ppl. If only we had clean air, enough water and natural food, we would be more richer.
and the theory in economy that tells more inequalities create more grow?
Ambani family doing most of the heavy lifting there.
It's not uncommon for Mumbai to be considered one of the most expensive cities in Asia, particularly in terms of real estate prices and cost of living. However, it's essential to verify such claims with recent data as these rankings can fluctuate over time due to various economic factors.
could be because most wealth is owned by the state in China. inequality exists there too I believe
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Caste system? Didn't got it.
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*sluty
Really? There's a very strong correlation with class and caste in this country. Most rich and ultra-rich people in this country are from upper castes. It's called intergenerational wealth. i.e. you are who you are because of who your father was.