By Ahmad Jawad
We are best in Juggat Bazi ( Ridiculing). I see a trend where we often ridicule appearance of Modi & try to find a sentiment of triumph. My concern is not whether we ridicule Modi or not but my concerns lies in his great success to lead his country to great progress & development, and dangerously trying to suffocate Pakistan economically. His government has issued circular to all Indian embassies to ban all Pakistani business activities in Indian exhibitions. In India, all Pakistani business initiatives have been blocked. He is even collaborating with international lobby to arrange collapse of Pakistan on the pattern of Soviet Union. Modi is trying to repeat episode of Boris Yeltsin in Pakistan. If rupee keeps going down, exports don’t improve, inflation keeps rising, industry & business keep suffering & governance remains worst, we might be heading to follow the example of Soviet Union & Imran Khan might end up Borris Yeltsin (he will never inshallah). Analysis are cruel because they don’t rely on sentiments but rely on facts, figures & history.
Today, India is considered as the world’s sixth-largest economy by nominal GDP and the third-largest by purchasing power parity. According to several studies, India’s growth rate should stabilise at 8% during the next decades, ranking the country as the world’s fastest-growing economy.
India overtook France in 2018 to become the world’s 6th largest economy. It will take 5th position from the UK this year on way to a $3 trillion GDP in 2020. By 2026, India will be 3rd largest economy of World. Since 2000, India’s share in global economy has doubled from 1.5% to 3.2%. China’s share grew 5 times, from 3.6% to 15% during the same period. Per capita income (real measure of prosperity) is now nearing $2000, twice the level 10 years ago. China topped $2000 in 2006 and is now at $9000.
Foreign investment flows kept breaking records during the first four years of the Modi govt, crossing $61bn in 2017-18. A chunk of these investments were for acquiring existing businesses, not setting up new ones.
If all goes according to plan, solar will account for three-fourths of the planned renewable energy capacity of 175 GW (1,75,000 MW) by 2022.
It would be hard to be more bullish than India has been on solar power.
The country wants a solar power capacity of 100 GW by 2022 (India’s total peak electricity demand in 2017-18 was 164 GW and is expected to be 235 GW by 2021-22). This involves building more than four times the existing capacity in four years. If all goes according to plan, solar will account for three-fourths of the planned renewable energy capacity of 175 GW by 2022.
If the first wave of India’s renewable energy push this century was in wind power, a second and bigger revolution is underway in solar.
The World Bank praised India’s success in renewable energy auctions that delivered record-setting low prices for solar power
The new capacity addition will take India’s installed solar capacity to about 38 GW (38000 MW) by the end of the year. Overall, the country is estimated to add nearly 16000 MW of clean energy capacity in 2019, driven by large-scale solar projects.
Look at India’s success to reduce poverty especially under leadership of Modi.
Sleeping with enemy is crime but not learning from enemy is bigger crime.
If enemy cannot be defeated, turn your enemy into friend. Germany & Japan both did this with USA and both rose from ashes to glory.