Here’s what is happening in India:
-By Dr Farrukh Saleem
The two Ambani brothers can buy 100 percent of every company listed on the Karachi Stock Exchange (KSE) and would still be left with $30 billion to spare. The four richest Indians can buy up all goods and services produced over a year by 169 million Pakistanis and still be left with $60 billion to spare. The four richest Indians are now richer than the forty richest Chinese.
In November, Bombay Stock Exchange’s benchmark Sensex flirted with 20,000 points. As a consequence, Mukesh Ambani’s Reliance Industries became a $100 bill ion company (the entire KSE is capitalized at $65 billion). Mukesh owns 48 percent of Reliance.
In November, comes Neeta’s birthday. Neeta turned forty-four three weeks ago. Look what she got from her husband as her birthday gift:
A sixty-million dollar jet with a custom fitted master bedroom, bathroom with mood lighting, a sky bar, entertainment cabins, satellite television, wireless communication and a separate cabin with game consoles. Neeta is Mukesh Ambani’s wife, and Mukesh is not India ‘s richest but the second richest..
Mukesh is now building his new home, Residence Antillia (after a mythical, phantom island somewhere in the Atlantic Ocean ). At a cost of $1 billion this would be the most expensive home on the face of the planet. At 173 meters tall Mukesh’s new family residence, for a family of six, will be the equivalent of a 60-storeyed building. The first six floors are reserved for parking. The seventh floor is for car servicing and maintenance.. The eighth floor houses a mini-theatre. Then there’s a health club, a gym and a swimming pool. Two floors are reserved for Ambani family’s guests. Four floors above the guest floors are family floors all with a superb view of the Arabian Sea On top of everything are three helipads. A staff of 600 is expected to care for the family and their family home.
In 2004, India became the 3rd most attractive foreign direct investment destination. Pakistan wasn’t even in the top 25 countries.
In 2004, the United Nations, the representative body of 192 sovereign member states, had requested the Election Commission of India to assist the UN in the holding elections in Al Jumhuriyah al Iraqiyah and Dowlat-e Eslami-ye Afghanestan. Why the Election Commission of India and not the Election Commission of Pakistan? After all, Islamabad is closer to Kabul than is Delhi .
Imagine, 12 percent of all American scientists are of Indian origin; 38 percent of doctors in America are Indian; 36 percent of NASA scientists are Indians; 34 percent of Microsoft employees are Indians; and 28 percent of IBM employees are Indians.
For the record: Sabeer Bhatia created and founded Hotmail. Sun Microsystems was founded by Vinod Khosla. The Intel Pentium processor, that runs 90 percent of all computers, was fathered by Vinod Dham.
Rajiv Gupta co-invented Hewlett Packard’s E-speak project. Four out often Silicon Valley start-ups are run by Indians. Bollywood produces 800 movies per year and six Indian ladies have won Miss Universe/Miss World titles over the past 10 years.
For the record: Azim Premji, the richest Muslim entrepreneur on the face of the planet, was born in Bombay and now lives in Bangalore.India now has more than three dozen billionaires; Pakistan has none (not a single dollar billionaire).
The other amazing aspect is the rapid pace at which India is creating wealth. In 2002, Dhirubhai Ambani, Mukesh and Anil Ambani’s father, left his two sons a fortune worth $2.8 billion. In 2007, their combined wealth stood at $94 billion. On 29 October 2007, as a result of the stock market rally and the appreciation of the Indian rupee, Mukesh became the richest person in the world, with net worth climbing to US$63.2 billion (Bill Gates, the richest American, stands at around $56 billion). Indians and Pakistanis have the same Y-chromosome haplogroup. We have the same genetic sequence and the same genetic marker (namely: M124).
We have the same DNA molecule, the same DNA sequence. Our culture, our traditions and our cuisine are all the same. We watch the same movies and sing the same songs. What is it that Indians have and we don’t?
INDIANS ELECT THEIR LEADERS!!!!!!!!!!!!!!!!!!
And also to mention: They think of Construction of own nation, unlike other nations who are just concerned with destruction of others…
Simple answer to why the Indians fare better than the Pakistanis – They don’t focus on religion all the time and neither do they spend time and money in devising ways to kill their own and everyone else over religion
Marvelous , i wish pakistan should also grow like india, because we are the same breed like the author has written and live peacefully. Kudos for writing honestly and without any hatred. God Bless You Mr.Farrukh Saleem
I don't know where the author got his data. I am not a economist to confirm it is right or wrong.
But he lost all his credibility when he said that this
” Imagine, 12 percent of all American scientists are of Indian origin; 38 percent of doctors in America are Indian; 36 percent of NASA scientists are Indians; 34 percent of Microsoft employees are Indians; and 28 percent of IBM employees are Indians.”
Please get your facts right when you make such stupids comments 38% of Doctors in America are Indians. You might be kidding me.
@Nadeem: Ya guess you are right it is not 38% hmm well maybe 48% 🙂
Nadeem: u dont need to be an economist to get this data. You just need to learn how tro google. Here’s some fact for you which can be of help!!
“While there are about 26,000 doctors of Indian origin among 600,000 doctors across America, 10 per cent of the 17,000 doctors graduating this year alone”
Well if you still think I am kidding then just visit the below url:-
Thanks Dr. Farukh for writing such an article. I am an Indian and one thing which Pakistan have and India don’t is a journalist like you who have kept the meaning of journalism alive while making an effort to stop violence in the sub-continent in his own little way.
I salute you……..wish you a very sucessfuk life ahead.
@nadeem : its true friend. You can just google it. These stats r around for a long time now.
Being an Indian I dint know the fact. Thanks Dr for opening my eyes. Its really a wonderful article.
THE REPUBLIC OF HUNGER
@Sajida: You are proving what the author wrote: some nations are busy with destruction of others rather than construction of their own. Why don’t you find and quote something constructive on Pakistan rather than the almost a decade old negative report on India.
And you think it is ridiculous when so many Americans believed in the cover-up of the Roswell UFO incident.
Sorry to post this. However, I have to correct this article before more people are fed untruth from mail spams and net hoax.
India rising in US: Govt falls victim to net hoax
Chidanand Rajghatta, TNN, Mar 12, 2008, 12.10am IST Article
WASHINGTON: It’s an Internet myth that has taken on a life of its own. No matter how often you slay this phony legend, it keeps popping up again like some hydra-headed beast.
But on Monday, the Indian government itself consecrated the oft-circulated fiction as fact in Parliament, possibly laying itself open to a breach of privilege. By relaying to Rajya Sabha members (as reported in The Times of India) a host of unsubstantiated and inflated figures about Indian professionals in US, the government also made a laughing stock of itself.
The figures provided by the Minister of State for Human Resource Development Purandeshwari included claims that 38 per cent of doctors in US are Indians, as are 36 per cent of NASA scientists and 34 per cent of Microsoft employees.
There is no survey that establishes these numbers, and absent a government clarification, it appears that the figures come from a shop-worn Internet chain mail that has been in circulation for many years. Spam has finally found its way into the Indian parliament dressed up as fact.
Attempts by this correspondent over the years to authenticate the figures have shown that it is exaggerated, and even false. Both Microsoft and NASA say they don’t keep an ethnic headcount. While they acknowledge that a large number of their employees are of Indian origin, it is hardly in the 30-35 per cent range.
In a 2003 interview with this correspondent, Microsoft chief Bill Gates guessed that the number of Indians in the engineering sections of the company was perhaps in the region of 20 per cent, but he thought the overall figure was not true. NASA workers say the number of Indians in the organization is in the region of 4-5 per cent, but the 36 per cent figure is pure fiction.
The number of physicians of Indian-origin in the US is a little easier to estimate. The Association of American Physicians of Indian Origin (AAPI) has 42,000 members, in addition to around 15,000 medical students and residents. There were an estimated 850,000 doctors in the US in 2004. So, conflating the figures, no more than ten per cent of the physicians in US maybe of Indian-origin – and that includes Indian-Americans – assuming not everyone is registered with AAPI.
These numbers in themselves are remarkable considering Indians constitute less than one per cent of the US population. But in its enthusiasm to spin the image of the successful global Indian to its advantage, the government appears to have milked a long-discredited spam – an effort seen by some readers as the work of a lazy bureaucrat and an inept minister.
The story has attracted withering scrutiny and criticism on the Times of India’s website, with most readers across the world trashing it. “The minister should be hauled up by the house for breach of privilege of parliament (by presenting false information based on hearsay). We Indians are undoubtedly one of the most successful ethnic groups in USA, be it in Medicine, Engineering, Entrepreneurship. BUT, that does not translate to those ridiculous numbers that have been presented….this is a circulating e-mail hoax,” wrote in Soumya from USA, who said he worked at the NASA facility in Ames, California, and the number was nowhere near what was mentioned in the figures given to Parliament.
“This minister (D.Purandeshwari, Minister of State for HRD)… should be held accountable for misleading the members of parliament and the citizens of India. This just shows how illiterate and mentally defunct the current Indian govt. is,” wrote Anand from Melbourne.
Purandeshwari is not the first minister to use the dubious figures in a system where politicians depend heavily on their bureaucrats to furnish facts, figures, and speeches. Former home minister L.K.Advani used the same figures in a speech some years back on a visit to Washington DC.
Article: India rising in US: Govt falls victim to net hoax – The Times of India ‘http://timesofindia.indiatimes.com/world/us/India-rising-in-US-Govt-falls-victim-to-net-hoax/articleshow/2856295.cms#ixzz16bLwzhvs’
This nonsense had been going round for a while, but many people still want to believe in it even though it is definitely not logical.
Please spread the info to stop this net hoax before it cause more embarrassment than good for India.
OK, the author may have exeggerated some of the figures. The fact remains that the following problems are rotting Pakistan and it is getting worse by hour.
1. Corruption in almost every walk of life’
2. Law and order
4. Religious extremism
Don’t try to hide by pointing out similar problems in other countries.
Thank you for not believing in the senseless statistics that has been circulating on the web/chain email for about 20 years. 3%% doctors; 36% NASA scientists; blah blah…all wrong. I am not taking away how well Indians have done in the US but the stats are all made up.
Interesting reading…and some amazing facts too!
[…] Original Post By VCheng Sir, According to your sources I agree with u. you are right. India: By Dr Farrukh Saleem.. a pakistani journalist. 38% of US docs, 36% of NASA scientists are Indians – Economic Times Jai Hind. Sir, […]
something to proud about…..after corruption…lol.
its good to read but still Dr. saleem missed many opposite points like scams, poverty, unemplyment, corruption etc… but still appreciable notes… thanks
interesting fact………eye opener for pakistani?