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SaffronBanditAmt t1_isgh2ut wrote

Isn't a bit weird that if supposedly, India has far worse hunger than its neighbour's, that India would be donating to them?

I think Bangladesh, Pakistan and Sri Lanka all are asking to be bailed out while India donating something like $4.5 billion. Pretty weird for a country that's apparently 107th in hunger to donate so much to a country thats ~65th in hunger. Raises many questions about these rankings, or at least, it should be raising many eyebrows on the methodology (or lack thereof).

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[deleted] OP t1_isghkrt wrote

Bangladesh has higher GDP per capita than India. They just don’t have a large population.

In India there is wealth disparity. The top 1% are extremely rich while the bottom of the socio economic strata earn less than $100 per month.

Sri Lanka is indeed more developed in term of quality of life. Acute food shortage now won’t change the fact that many many Indians still suffer from poverty and hunger.

Millionaire celebrities in politics and news media live in a bubble.

They’ve increased taxes on Wheat, Roti, Parathas, Milk and bread cause they only care about the upper class and the well to do families

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SaffronBanditAmt t1_isgogc7 wrote

Isn't income tax limited to only the top ~3-5% of Indian earners? Aren't subsidies given to farmers regularly, in an antiquated practice that many say, actually places too much power in the hands of the producers.

https://www.nytimes.com/2021/03/23/world/asia/india-farmers-protest-subsidies.html

"At the heart of the dispute lies the subsidy system that the government, economists and even many farmers agree is broken."

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>Bangladesh has higher GDP per capita than India. They just don’t have a large population.

That means less people to take care off, and less mouths to feed. Yet they still head to the IMF for bailouts more often than India does?

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>Sri Lanka is indeed more developed in term of quality of life. Acute food shortage now won’t change the fact that many many Indians still suffer from poverty and hunger.

Isn't there some irony that a much more developed country needs donations from one of the most hungry country on the planet? Even more irony that unbelievably deprived country agreed and provided aid.

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[deleted] OP t1_isgpvqj wrote

Why did they forgive the loans of the top wealthy people and when an RTI was filed they didn’t want to reveal who the beneficiaries were.

15,651,866,700.00 United States Dollar worth of loans by rich individuals from public Canara Bank was written off.

Where’s the balance sheet of PM cares fund ? It’s a public donation fund.

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[deleted] OP t1_isghn7v wrote

The answer is wealth disparity.

The top 1% own most of the wealth in India.

The public banks also give massive loans to rich businessmen who donate well.

They also secretly forgive the loans.

Thereby stealing from the common man and enriching the top 1%

India donates cause the production is more but most people don’t have the wealth to purchase it.

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