Not to the extent of India. And I’ve not heard of any foreign talent going over to India.
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Now, Indians use UPI to pay everyone from vegetable vendors to doctors. More digital transactions are completed in India than any other country, according to the government. In 2023, the number of UPI transactions topped 100 billion.
India is the world’s fastest-growing major economy and digitization “has played a fairly consequential role in the very successful economic trajectory that India is on,” says Prasad, who is the author of “The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance.”
Although it’s difficult to quantify the impact that UPI adoption has had on India’s gross domestic product, on a micro level it’s easy to see how it’s making a difference. Agarwal says it has increased efficiency and transparency for his business, and made filing taxes simpler.
Kapil Sharma, 42, who sells flowers for as little as $0.12 outside a temple in Old Delhi, told CNN he used to lose business because potential customers wouldn’t want to wait for change. He started using UPI about a year ago and has seen an uptick in sales.
“It’s just simpler,” he says. “They buy, pay and go.”
https://edition.cnn.com/2024/04/29/tech/india-digital-payments-upi-growth-hnk-intl/index.html
Every university in the US, Canada and UK is so full of Indian applicants that Indians need much higher test scores for the applications to be successful, and the H1B visa draws are very difficult now because there are too many Indians entering the draw.
You’re not serious right? I get China is worse. But a country with this kind of human rights issues growing larger and larger (much like China previously) are not ok, in anyone’s book.
The caste system alone is fucking dystopian as all hell!
That’s like saying Stalin is all good because he (his psuedo slaves) fucked up the Nazis. Nuh uh…
That only helps the wealth gap widen. Poor choices lead to poor results. Though many will call total wealth a win without caring about ethics and details.
Religious persecution continues to an issue for any non Hindus.
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