Sunday, September 01, 2024

Dream of a job.

There are at least 91 Indians who were apparently forced or duped into serving as soldiers in the Russia army fighting in Ukraine. At least nine such Indians have been killed in the conflict so far. The Wire. But only three men of Indian origin are fighting for the Ukrainian army and they are apparently fighting to save their homeland. They went from India as adults and were not born there.The Week. That's loyal. "At least 47 Indians, who were trapped in 'cyber scam centers', have been rescued from Bokeo province in Laos, the Indian Embassy in the Southeast nation said. So far, the Indian mission has assisted in rescuing 635 Indians from Laos and ensured their safe return home." HT. In 2022, the nominal GDP of Laos was over $15.724 billion and the GDP per capita was $2,589 billion. Worldometer. However, the real GDP was higher at over $19 billion, which would suggest severe deflation (Investopedia). "The Indian embassy in Myanmar has announced that 21 Indian victims have been released from the Dongmei scam center in Myawaddy." Six Indians were released on 20 August and one was released on 12 August. ANI. In 2022, the nominal GDP of Myanmar was over $59.364 billion and real GDP adjusted for inflation was much higher at over $73 billion, again indicating severe deflation. GDP per capita is a mere $1,358. Worldometer. India's nominal GDP in 2022, on the other hand, was over $3.385 trillion while the real GDP was about $2.955 trillion. Worldometer. Why would people living in a $3 trillion-country seek work in countries trapped in deflation, which would signal economies in recession and high unemployment (Forbes), when the "Indian Economy is slated to grow to $55 trillion by 2047,...said Krishnamurthy V Subramanian, executive director, International Monetary Fund (IMF)." (BS). Because, India's GDP per capita was just $2,073 in 2022 and, in July 2024, "A recruitment drive for airport loaders led to a stampede-like situation in Mumbai. More than 25,000 applicants turned up for a shot at the 2,216 vacancies, and the staff of Air India Airport Services Limited struggled to manage the massive crowd." NDTV. To make matters worse, "That smooth path to the Canadian dream has been disrupted as Canada struggles with unemployment and a sluggish economy." This would mean "deportation for thousands of students". ET. "Visa applicants from Punjab, Gujarat and Haryana seeking to pursue higher studies in foreign countries like Canada and Australia are now facing higher rates of rejection," "mainly because these countries, along with others like the UK, have tightened rules and students from specific Indian states are facing greater scrutiny." The Print. In July, "India will soon become the third largest economy, Prime Minister Narendra Modi said." DH. So what? Will it stop Indians risking their lives for any sort of job? A job, any job, is the dream.    

No comments: