Monday, September 29, 2014


Foreign aid to India
                                                                                                                                                              Our Prime Minister Narendra Modi is travelling  abroad lots for foreign funding and aid for development of India. In this connection Japan has already committed 53 billion dollars of investment in India. China has committed 20 billion dollars and America may commit for 2 billion dollars of aid.  This shows that we are marketing for funds for our infrastructure developments.

                                              In this context  we have to compare the economical  condition of the various develop countries who are funding us on one or other ways.
-India,China, Japan, and USA have the population of 120.52 crores, 134.32 crores,12.93 crores and 31.38 crores respectively.
- The GDP of India, China,Japan and USA are 7.2%, 9.2%, -o.7% and 1.7 % respectively.
-The forax  and gold reserves of India , China, Japan, and USA are 298 billion dollar, 3236 billion dollar, 1259 billion dollar and 148 billion dollar respectively
-The foreign debts of India China, Japan and USA  are 290 billion dollar,697 billion dollar, 2719 billion dollar, 14710 billion dollar respectively.

                                                   It can be seen from the above figures that we are standing in adverse position in respect of population in context of our economy. Besides that our debt position is not that much bad but we are legging behind in our infrastructure development fields. Hence we requires high technological skill and funds from the develop countries. We are legging behind in the Fields of railways, roads, water ways, and airports,  However in respect of military troop numbers we are next to China. In view of above it is clear that we have to concentrated in right sphere of activities. That means we are heading in the right directions.
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