Economy How is India So Cheap?

[NoSmilez]

The Tenderloin smells of piss and shit LOL

It’s like human resident evil

 

[Osculater]

It’s like human resident evil

close to it

 

[fedorthegoat777]

They have like no costs. They eat just a little, reuse the same clothes, and can live on a few dollars a month. Save on soap, toilet paper, and plumbing costs. No utilities or nothing.

Hopefully their standard of living can increase, it is cheap now.

 

[NoSmilez]

 

[fungi]

Because they have 1.3 billion people. If an Indian refuse to work for 5 cents, they can find someone else that will accept it.

100% this.
Life, human life, is so cheap literally, in India, that everything else has to be.

 

[pugilistico]

Lower cost of living, lower standard of living.

If I move to rural Thailand I would have a lower cost of living than in California, but I'd still be paying much more for goods and services than 90% of my neighbors if I want a comparable or better standard of living.

You might be paying more than most of the locals but it's still be much cheaper to live in the same standard of living in Thailand than California.

For $500 bucks a month in some big cities in developed countries you'd be lucky to find a closet to sleep in. Maybe a room big enough to fit a twin bed and a shared bathroom down the hallway. For $500 a month in places like Vietnam and Thailand, you get a fully furnished two bedroom apartment that has internet included with a cleaning staff that cleans your room once a week, security staff, maybe even a pool. I'd argue that the standard of living is actually better, which is why so many westerners move there because they can't afford that standard of living in their home country.

 

[KAZSoliloquy]

probably has something to do with the $45 trillion in wealth stolen from them over 200 years.

 

[Limbo Pete]

I've literally been to that same station in Delhi and taken that same train. The experience the person had is very typical, though the youtuber isn't the most diplomatic speaking person in the world to say the least. India just has so many people, and not a very well diversified economy so a huge chunk of the population lives hand to mouth. And yeah, it's cheap because so few people have money because such little things of exchange value is produced in India versus their population. So simple economics - people can't move, so the labor supply is GREATLY out of whack with demand. As such, medicine and food is cheap as hell. The other thing that flies under the radar is the gender roles, where the women really stay in their lane and the place feels passionless and sexless.

If you're an obvious foreigner, yes, you will be harassed non stop for business, and so many bush league scams and crap. Other annoyances are things like if you go to a restaurant and ask if they have beer, they will say yes even if they don't, and someone will run to some convenience store or whatever that does have beer, and bring it to your table 15 minutes later lukewarm.

I enjoy the culture shock though - I'd never stay at a Hilton or whatever because that kind of experience is too familiar; and all in all I had a great time because of that - as odd as it sounds it's quite the experience to be walking down a tiny walkway in Varanasi and then having people carrying a dead body brush up against you as they make their ways to he burning area. I also never got sick luckily, despite eating in very questionable places including some river "washed" foods. But no, I had zero desire to ever go back, because outside of headline attractions (Taj Mahal is one of the most stunning things one can ever see in person IMO) and that initial interest of things being very "different", the novelty of being there would just go into pure nuisance for me.

Anyhow, to me, it's in the total "one-and-done" category of places definitely worth visiting, but a return visit is a very hard sell. It's most akin to Egypt for me - another place where there are some amazing historical attractions and sights, but a rather soul destroying experience otherwise.

Pretty solid post.
I spend a few weeks in India several years ago, and it was my first time out of the country at all- talk about a culture shock. It's an insane mix of crazy towering architectural marvels, vibrant cultural exchange, and just horrifically corrupt, incompetent government bureaucracy (unlike anything we have in the west) and crippling socio economic conditions. And the history behind their particular form of government/economy is fascinating as hell. I see a lot of folks in here claiming Indians are dirty people covered in their own shit all the time, but that really wasn't true at all in my own personal experience for most of the places I went in the north and western parts of the country. As I saw it, most of the people, from varying different religions, come from cultural backgrounds that place a huge emphasis on personal hygiene; bathing at least once a day is like a literal must. I could be standing in a crowd of thousands of people and not get even a whiff of armpit or stanky ass. There most certainly is an overwhelming stink to the place, but it wasn't usually the people themselves, but rather the constant driving pollution and fumes from everyone burning huge amounts of trash all day, industrial spew, and pretty much a complete lack of even basic sewage systems in many places. Just open drainage ditches filled with flowing raw sewage. And if they do have a sewage system, it often can't handle toilet paper, so if that gets used people put it in the trash can instead of flushing it (which fucking reeeeeeks). Most of the bathrooms, if you could call them that, which I went into outside our hotels just had bidets or hoses and shit like that. Water for washing you ass directly. Delhi smelled like an electrical fire mixed with a giant flaming diaper filled with diarrhea. I mean that place is fucking nasty. At one point, a poor street woman shoved what we were about 90% sure was a dead baby in my wife's face. The further away from the main cities we got though the more the air stopped smelling like a burning computer filled with dog food and got more normal. They lack even the most basic infrastructure for dealing with waste and pollution in many, if not most, places.

 

[tastaylvr]

Wait till you realise that everything in the world is essentially free…

 

[Islam Imamate]

Okay. Pakistan. Somalia. Rural china. How do you live. On 5 cents an hour? Is the food free, is it subsidized, do these 600 million ppl own land and eat the food off the land. Do they go in a jungle and eat fruit. That wage is lower than the value of the land and water and raw materials needed to make food.

Ignoring transportation, housing, taxes, 40 cents a day isnt enough to buy the bare minimum amount of calories needed to survive. At least by any method ive seen.

How much does food cost in rural India or rural China. Also, India is a country not an ethnicity.

Seems like you're getting a lot of dumb answers based on the first page so I'll throw my two cents in.

The reason is because in poor countries people are, well, poor and thus don't have much spending power and thus there's less money fueling demand for the goods in that country which means the prices are lower.

If you want a statistic that better represents the cost of living that accounts for this you're looking for Purchasing Power Parity or PPP.

Purchasing power parity (PPP) is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currencies. PPP is effectively the ratio of the price of a market basket at one location divided by the price of the basket of goods at a different location. The PPP inflation and exchange rate may differ from the market exchange rate because of tariffs, and other transaction costs.

The purchasing power parity indicator can be used to compare economies regarding their gross domestic product (GDP), labour productivity and actual individual consumption, and in some cases to analyse price convergence and to compare the cost of living between places. The calculation of the PPP, according to the OECD, is made through a basket of goods that contains a "final product list [that] covers around 3,000 consumer goods and services, 30 occupations in government, 200 types of equipment goods and about 15 construction projects".

 

[Lycandroid]

probably has something to do with the $45 trillion in wealth stolen from them over 200 years.

They have the 5th largest economy in the world and the greatest wealth gap in the world. They operate via a caste system. India fucked themselves when they decided some humans are worth less than others. How much of their economy is driven by scamming westerners ? If it is true that 45 trillion was stolen then boo fucking hoo.

 

[djacobox372]

I mean India is extremely racist and classist, but it's not the caste system specifically keeping people in poverty or enabling a government that exists in a state of bureaucratic madness and corruption beyond anything comparable in the West. Their problems are very complex.

Remove all the corruption and problems, and the caste system would still keep the majority of the country as impoverished servants to the caste above them.

 

[KAZSoliloquy]

They have the 5th largest economy in the world and the greatest wealth gap in the world. They operate via a caste system. India fucked themselves when they decided some humans are worth less than others.

ah yes, india: the only place with a social hierarchy system influenced by your race and your wealth. you're a moron.

How much of their economy is driven by scamming westerners ?

lmfao you have to be trolling if you think india's economy is made on scam calls about $200 amazon refunds

If it is true that 45 trillion was stolen then boo fucking hoo.

what a proud retard would say. i respect it.

 

[KAZSoliloquy]

Remove all the corruption and problems, and the caste system would still keep the majority of the country as impoverished servants to the caste above them.

the fact you don't see the irony in this statement, as a westerner, is hilarious. the first black american born with equal rights under the law is 60 years old.

 

[Limbo Pete]

Remove all the corruption and problems, and the caste system would still keep the majority of the country as impoverished servants to the caste above them.

That's not actually how it is lol

 

[Lycandroid]

ah yes, india: the only place with a social hierarchy system influenced by your race and your wealth. you're a moron.

lmfao you have to be trolling if you think india's economy is made on scam calls about $200 amazon refunds

what a proud retard would say. i respect it.

1 I never said it was the only one but it is clearly one of the worst.

2 Read the first two words of what I said

3 Your reading comprehension is terrible, don't be calling anyone a retard or moron. Infact if we made a poll "who is the biggest retard in the war room" you would be sitting ontop of the podium

 

[KAZSoliloquy]

1 I never said it was the only one but it is clearly one of the worst.

2 Read the first two words of what I said

3 Your reading comprehension is terrible, don't be calling anyone a retard or moron. Infact if we made a poll "who is the biggest retard in the war room" you would be sitting ontop of the podium

1. it's not, and its blame isn't solely on india.

2. fair. so to answer how much? basically none.

3. in a racist right wing echo chamber like sherdog, i would hope so.

 

[Elvis.]

 

[Lycandroid]

1. it's not, and its blame isn't solely on india.

2. fair. so to answer how much? basically none.

3. in a racist right wing echo chamber like sherdog, i would hope so.

1 who is worse than India then ? give me enough examples to take them out of the top 5
2 It hard to find data how much money India scams out of the rest of the world but the number is astronomical. When you just look at how much happens domestically it doesn't pain a good picture.

From google

Fraud is a significant part of the Indian economy, with a number of factors contributing to the problem:

• Procurement fraud: A PwC survey found that procurement fraud is the biggest threat to Indian businesses, with 50% of businesses identifying it as their main problem.
  
  
• Corruption and bribery: Corruption and bribery make up 33% of economic crimes in India.
  
  
• Lack of audits: 34% of companies in India do not audit third-party vendors.
  
  
• Lack of data analytics: Only 37% of companies in India use real-time data analytics to prevent fraud.
  
  
• Digital banking fraud: As more Indians adopt digital banking, fraudsters are taking advantage and committing more attacks. In the first five months of 2024, reported fraud volumes increased by 101%
  According to a study by the Ministry of Home Affairs, cyber fraud losses in India could be as much as 0.7% of the country's GDP. In the financial year 2024, cyber fraud losses in India were over 1.7 billion Indian rupees. This was due to a number of factors, including credit card, debit card, and internet banking fraud.
  
  In the first four months of 2024, the Indian Cyber Crime Coordination Centre reported over 740,000 cyber crime cases. Some of the most common types of cyber fraud in India include:
  
  
  95% of international cyberscams and calls can be linked to India, you are kidding yourself if you think it is insignificant part of the economy.
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• 3 if this is a right wing echo chamber why do you post here ? you aren't changing any minds with your bullshit go have your pegfest on reddit
  
  
  
  
  
  
  
  
  
  
  

 

[ThaiSexPills]

Shit you can put some shitty red states in there too such as Arkansas lol..

Not really. Canada is poorer than the poorest US state. You guys don’t know how good you have it