IS INDIA A POOR COUNTRY?

If we get all our black money from Swiss bank and rest of the banks from entire  world the whole  world  economy will come to stand still.And swiss bank has to declare  bankrupt. India is not poor country any more its emerging as Super power along with china.

INDIA is the fifth largest country followed by U.S,CHINA,JAPAN & RUSSIA....

India is not a poor country. Its a rich country made poor by corruption. India has the very good no. of HNI (High Networth Individuals). High income disparity in India makes India look poor.

India is not the poor country. It is some big bang peoples of india who save their money in foreign banks and in india inside their walls and floors. which makes india's 40 percent of people poor. they are just filling their pocket. if corruption at high level would stop. india would be the richest country in the world in one day. if the money will be back it can make very good effect on the indian economy because if you have resource you have to surely use it for anything. you have to circulate that money in the market the economy will grow rapidly. if they will not do that what they will do. again they will put the money in banks. I dont think so......

Its really a shocking to hear the total figure .If its true India needs to disclose all the swiss bank a/c holder name to see who are those people who are making our country poorer like the british raj who have done the same.

मित्रानो लक्षपूर्वक वाचा ,,,,,!!!!
"भारतामधील
लोक गरीब आहेत पण भारत गरीब देश नाही आहे" हे सांगितले आहे एका स्विस
बँकच्या डारेक्टरने.तो म्हणतो कि "२८० लाख कोटी" भारतीय पैसा स्विस बँक
मध्ये जमा आहे ज्याचा वापर करून ३० वर्ष करमुक्त बजेट भारताला बनवता
येईल.६० कोटी लोकांना रोजगार मिळवून देण्यासाठी उपयोग करता येईल.कुठलेही
गाव चोपद्री रस्ता करून दिल्लीशी जोडता येईल.५०० सामाजिक कार्यक्रमाना
फुकट वीज देता येईल तेही अनियमित काळासाठी.प्रत्येक नागरिकाला महिन्याला
२००० रुपये असे जवळपास ६० वर्ष देता येतील.कुठलेही विदेशी कर्ज घेण्याची
गरज भासणार नाही.अश्या प्रकारे आपला पैसा या "श्रीमंत राजकारण्यांनी"
दाबून ठेवला आहे.आपल्या पूर्ण हक्क आहे अश्या भष्ट्र राजकारणी लोका
विरुद्ध आवाज उठवण्याचा.

जबाबदार नागरिक बना.

i surely say india is not a poor country.at the level of economical we are making relevant changes.

Off course India is not at all a poor country. There is a huge national minaral and petrolium reserve in India once these fields are 100% operational we will be in a position to overtake many countries in terms of earnings per person.

Yes I agree with swapna as of now the money is rotating in few hands hence they are blocked money once all this monies come to the market see the difference it makes to every Indian.

Can we bring back our money?

It is one of the biggest loots witnessed by mankind — the loot of the Aam Aadmi (common man) since 1947, by his brethren occupying public office. It has been orchestrated by politicians, bureaucrats and some businessmen.

The list is almost all-encompassing. No wonder, everyone in India loots with impunity and without any fear. What is even more depressing in that this ill-gotten wealth of ours has been stashed away abroad into secret bank accounts located in some of the world’s best known tax havens. And to tha extent the Indian economy has been stripped of its wealth. Ordinary Indians may not be exactly aware of how such secret accounts operate and what are the rules and regulations that go on to govern such tax havens. However, one may well be aware of ‘Swiss bank accounts,’ the shorthand for murky dealings, secrecy and of course pilferage from developing countries into rich developed ones.

In fact, some finance experts and economists believe tax havens to be a conspiracy of the western world against the poor countries. By allowing the proliferation of tax havens in the twentieth century, the western world explicitly encourages the movement of scarce capital from the developing countries to the rich. In March 2005, the Tax Justice Network (TJN) published a research finding demonstrating that $11.5 trillion of personal wealth was held offshore by rich individuals across the globe.

vipin u are telling some people dont know whats black money we know what is it what we are ding about it when we have to change ourselves since the black money is in the swis banks they are in that state if it comes out every indian will get 1000 RS from it each month its approximately 2000000 crorssssss think if it comes out how much each of us will get so black money is biggest problem if it get solved every thing will come to good

we are not poor we are all fools that knowing all this we are not doing any thing IF WE PAY OUR TAX CORRECTLY THATS ENOUGH EVERYTHING CAN BE CHANGED......... 

THANK YOU SWAPNA.

GOD HAS BEEN DISCRIMINATIVE AS FAR AS OUR MOTHER LAND IS CONCERNED.HE HAS PROVIDED WITH MANY METALS,MINERALS,WATER,VEGETATION,CASH CROPS LIKE TEA,CARDAMON,CASHEW,PEPPER,TEAK,FERTILE LANDS,PERENNIAL RIVERS,THREE SEAS AND WHAT NOT.IN ADDITION TO ALL THESE WHICH NO COUNTRY ON THE EARTH CAN BOAST OF THE BEST HUMAN RESOURCES ARE ALSO AVAILABLE.INDIA IS NOT POOR COUNTRY AND WILL NEVER BE SO.

Thanks for the referral Ms.Swapna Das.

In case we calculate the whole unaccounted money kept in swiss bank by our Indians, India can pay off all the debts received from the world bank or from other sources. Under this context, we are not a poor country.

But on the otherhand, there is a vicious circle in India, that is the rich becomes richer and the poor becomes poorer. This shows the concentration of economy in single hands.

India has never been poor since beginning. The richness of this country lies in accomodating others & making others rich in material, knowledge & spiritual matters. The only thing to be adjusted in the long run is correct the enequal distribution of wealth in order to have a balanced society.

excatly swapna

it is we who say poor but see the scams here which is about total worth of a gdp of a country of 8-10 yrs. we are capable enough to be self sufficient but the system is to be improved.

india a poor country no

but damn sure majority of  we indians are

money never a problem for india we are developing at super sonic rate but half of us still sleep under bridges with newspaper as bedsheets/mattresses and handkerchief as blanket.

but then also india is not a poor country

have a look at this example for development

A guy talking on a mobile phone while taking a crap near the railway tracks

we have cell phones but no proper toilet facilty

Still i would say we are not a poor country 

we have got free education now that's a bummer bcoz i have seen minors working at chai tuffrees at school time. just to feed themselves and their families. for such people a new born is not a mouth to feed, but a hand to work and earn for the family. everyone in the family works form a 5 year old to 65 year old and then also what do they eat ? (No prize for guessing the correct answer) they are undernourished

Thanks for the referral Mr. Vipin

I think the question asked here is very broad, the important thing is in what way are we measuring weather India is rich or poor?  I believe India is a rich country; we have a culture which is very rich. We have human resource, intelligence, minerals. Most important in India we still have love and respect for our elders, how can India and Indians be poor?

DISHONES INDUSTRIALISTS, scandalous politicians and corrupt IAS, IRS, IPS officers have deposited in foreign banks in their illegal personal accounts a sum of about $1500 billion, which have been misappropriated by them. This amount is about 13 times larger than the country’s foreign debt. With this amount 45 crore poor people can get Rs 1,00,000 each. This huge amount has been appropriated from the people of India by exploiting and betraying them. Once this huge amount of black money and property comes back to India , the entire foreign debt can be repaid in 24 hours. After paying the entire foreign debt, we will have surplus amount, almost 12 times larger than the foreign debt. If this surplus amount is invested in earning interest, the amount of interest will be more than the annual budget of the Central government. So even if all the taxes are abolished, then also the Central government will be able to maintain the country very comfortably.

Can we bring back our money?

It is one of the biggest loots witnessed by mankind — the loot of the Aam Aadmi (common man) since 1947, by his brethren occupying public office. It has been orchestrated by politicians, bureaucrats and some businessmen.

This is not a debate since there is no base for discussion. This seems more like a question.

For me absolutely not, India is not a poor country. Every country has some % of poverty and I am yet to hear of any corrupt free country.

Money in the Swiss Bank Account 1 to 5 , India sure is in.

IPL money- bountiful

Culture - very rich

Technology- India among the best

I would not be surprised if there are Indians who are capable of helping the USA solve the oil spill problem.

No - India is a 'poorly managed country' not a poor country.

India is not at all a poor country by vertue of its high reserves of minarals,petrol the size and the GDP.

Yes I do agree that the income is not equal at all levels of the socity in general. We are the second fastest growing economy so under any circumstances we are not poor but our appearence put us in the light of poor people. This is changing and changin fast may be within a decade we will be totally different.

India is certainly NOT a poor country. However, the flow chain of the money is all wrong, corrupt, lopsided and with a whole lot of wrong people, who unfortunately happen to drive the country and who choose to use that money in more interesting (to them) ways and NOT in the benefit of the country.

Hence the perception goes out that the country is poor.

Revelation of Swiss bank accounts

This is so shocking…. …If black money deposits was an Olympics event….India would have won a gold medal hands down. The second best Russia has 4 times lesser deposit. U.S. is not even there in the counting in top five! India has more money in Swiss banks than all the other countries combined!

Recently, due to international pressure, the Swiss government agreed to disclose the names of the account holders only if the respective governments formally asked for it Indian government is not asking for the details….. ..no marks for guessing why?

We need to start a movement to pressurise the government to do so! This is perhaps the only way, and a golden opportunity, to expose the high and mighty and weed out corruption!

Please read on……and forward to all the honest Indians to…..like somebody is forwarding to you…….and build a ground-swell of support for action!

Is India poor, who says? Ask the Swiss banks. With personal account deposit bank of $1,500 billion in foreign reserve which have been misappropriated, an amount 13 times larger than the country’s foreign debt, one needs to rethink if India is a poor country?

Black money in Swiss banks — Swiss Banking Association report, 2006 details bank deposits in the territory of Switzerland by nationals of following countries:

TOP FIVE

INDIA
$1,456 BILLION

RUSSIA
$470 BILLION

U.K.
$390 BILLION

UKRAINE
$100 BILLION

CHINA
$96 BILLION

Now do the math’s - India with $1,456 billion or $1.4 trillion has more money in Swiss banks than rest of the world combined. Public loot since 1947: