Why India's economy is growing quickly?

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  As China’s economic growth slows, people are looking for the next big driver of growth. And India seems to fit the bill.  The IMF estimates that India will be the fastest-growing major economy in the world this year, which is why companies like Walmart are paying top dollar for business deals in India. It’s projected to expand by 7.4%, putting it ahead of China. So, what’s driving India’s growth? India has a population of 1.3 billion, making it the second-most populous country in the world. It’s on track to grow faster, even surpassing China’s population by 2024. And that big population is also really young. India is on track to reap a handsome demographic dividend. This effect happens when a country’s working-age population is larger than the non-working-age population. By 2050, India is expected to have a working population of more than one billion. While many Asian countries are aging, India’s population has a median age of only 27.3 years, compared to China’s 37.6 and Ja...

India needs oxygen

 


Well there's still a very acute 

shortage of oxygen, it seems across the

India certainly one of the hospitals 

that we went to yesterday 

was telling us how they go an hour to hour 

really and they were 

trying to get through the next six hours 

and this morning they put out yet 

another red flag 

warning about the shortage of oxygen 

these people here have set up their own 

impromptu very small but just trying to 

do their bit 

they traveled around the state they went 

500 kilometers away to try to source 

oxygen which they bought in 

as many cylinders, as they could it was 

only about a dozen or so 

and people have been camping out here 

under the trees 

just to get access to that oxygen many 

of them 

as we've been finding in many of these 

places and the number of the 

hospitals that we've visited have been 

turned away 

from hospitals even the government 

hospitals the private hospitals 

because they too are running short on 

oxygen 

and that's put everyone in a 

very high 

state of distress Delhi and 

India has posted yet more record global 

record highs in the number of 

coronavirus cases it dipped slightly 

today 

on the seventh day but it's still a global 

record high in the spike of 

 cases and international aid is 

finally beginning to arrive the British 

aid arrived this morning vital medical 

supplies along with. I understand about 

20 

oxygen ventilators well that's 

grasped with great gratitude from the 

people of India but it's no 

going to go 

very far when you just have a quick loo 

here at just 

this small little um patch under trees 

and how many people 

are actually needing oxygen one woman 

told us she'd been here 

for two days already when she 

should probably be 

in a hospital well one of the people who 

are running it is Ishan 

Singh let's try and have a quick quick 

word with him Ishan 

you're live on sky news tell me how 

critical is the situation here and 

how much trouble have you had in finding 

oxygen 

see if i talk about the ground situation 

over here 

we have patients who are waiting here 

for two days they're not finding any 

hospital 

they just wanted oxygen because their 

a doctor has advice they have 

they're on high antibiotics so that lady 

over there if you see 

she is here with our sons they rented a 

car and they came here 

two days back and still they cannot find 

any 

the hospital they cannot find any bed they 

are still here because their doctor 

is advised if we see over there there's 

a man behind me 

he came here three days back he was fine 

he went back again he came back 

so his oxygen is going up and down 

there's no medical facility proper 

facility 

yes and what do you think as an 

Indian of this state of affairs when 

it's reduced to 

charities like yourself trying to 

provide people with air 

what do you think to make of that an as 

an Indian 

it's not just about an Indian 

eye being a Sikh. I can come from a Sikh 

religion 

so we have always given the service to 

people 

starting from Guru Nanak Dev Ji our 

the first guru starting way back in 146 

so he gave free food to hungry people 

and it started from there and when Guru 

Gobind Sing 

our tenth guru he was in wars.

I don't mean to interrupt you. I totally 

understand the history lesson i just 

wanted to get a sense 

as Indians how desperate you're 

feeling 

um clearly the Sikhs have got a long 

history in helping people but just a 

global view on how 

desperate you're feeling the rest of the 

the world is looking at you 

and seeing that you've got the global 

record hides in coronavirus cases and 

you're running out of basic things like 

oxygen 

the thing is over here we don't 

see as an anyone is a stranger we all are 

a family 

this lady over here. I call her as my 

mother as my sister and everything 

this part this old man who here. I call 

him as my grandfather or father, 

so when. I see my family over here 

struggling for oxygen strongly for 

medicines. I

 have to come here, and I have to serve 

my people that that's what we feel 

and our charity called him foundation. We 

started 

10 years back in and in the lockdown 

last year we were on the ground we were 

delivering food and everything well 

you're doing a great job thank you very 

much 

Ishan Singh from the Heckman foundation 

one of many who are set up to try and 

help 

ordinary people because it doesn't 

matter where you are throughout India 

there seems to be 

a real acute shortage of oxygen and that 

is having an impact on 

on getting people better and a lot 

of people very suspicious about the 

numbers and questioning whether they're 

accurate they could be a lot worse.

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