India, as of now | Economically Developed India | Economically Backward India |
India is one of the largest exporters of raw materials to China and US. | India would be rather supplying furnished goods than raw materials. | Backward economy would create internal conflicts in India affecting the continuous supply of raw materials at lower cost. |
India is dependent on US for nuclear fuel supply and technology for civilian energy needs. | India would independently develop nuclear energy facilities to meet its civilian energy needs. | Indian nuclear technology will pose a security threat to surrounding nations. |
India provides educated and industrial labour to several US and Chinese companies at low wages. | Educated labour would demand higher wages. Possibility of Global companies being financed and controlled by Indians. | India will not be able to produce educated lab or force. |
India is dependent on US and its allies for providing weaponry technology. | India would indigenously develop weapons for its national security. | India will not be able to afford weapons purchase from US. |
Number of patents filed by Indians is considerably less compared to US and China. Number of patents, in a way determines the technological advances made by the nation.
| With better economy, more funding will be available for research, resulting in drastic increase in patents filed by Indians. Hence, US, China and India would compete for every new technology. | Not applicable. |
An average American eats five times more nutritious food than average Indian. | Indians would be eating nutritious food on par with Americans. This would result in global increase in food prices. | With degrading economy, Indians will not be able to produce food for themselves, hence increasing the global food prices by importing food. |
US and China are strategically partnering with under-developed countries for exploration of natural resources. | India would join the US and China in exploration of natural resources available in under-developed countries, resulting in more competition for natural resources. | Not applicable. |
Friday, November 12, 2010
India from ‘US and China’ perspective
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