Indians： India is far better than other developed countries in many ways (such as the United States)

In what aspects of India are far better than other developed countries?Jinnai Wealth Management

A Indian:

Because of my Indian identity, I won't just write anything by feeling. On the contrary, I will use the facts to support my statement.

I was very happy when I moved to the United States. After living there for two years, he decided to invite parents to live with him.Unfortunately, one day, his father was bitten by a snake while walking in the backyard.The timely response of 911 was undoubtedly saved his life, but when the hospital bill arrived, he wanted to die again because he did not buy insurance for his parents.

The amount on the hospital bill is about $ 85,000 [about 610,000].Obviously, as an Indian, you want to convert this money into our money, that is, 70,65,000 rupees (70,65,000/-).

In Arizona, the average expenses for the treatment of snake snakes are $ 95,000/-.

Do you know the cost of Indian snake bite?

Less than $ 10.Nagpur Investment

Not only snake bite, but in these developed countries, people really regret their medical expenses.My expertise is the insurance industry in the United States.I have worked in many insurance companies such as Union Health Group, Delta Dental, Anthem Inc and other insurance companies for 12 years.I know how a large part of the monthly salary is allocated to medical insurance.

Speaking of India, we may not have world -class medical emergency measures, nor do we have advanced hospitals in villages, but treatment is more economical.People do not face the risk of bankruptcy because of a sneezing.

In India, drugs are more economical, and pathological laboratory and doctors are also within the tolerance.If you go to these countries [the United States] to see a doctor, you may find that you have to sell the house and exhaust all the savings.

No, I am not a medical facility in more developed countries and India, because it requires a detailed answer.On the contrary, my purpose is to emphasize all aspects of India over these developed countries.

Scientific and technological talent treatment

The average salary of Indian IT engineers is 4.9 million rupees, and the salary of fresh graduates ranges from 150,000 rupees to 1.1 million rupees.If you work at FAANG, it will reach 3.3 million to 5.5 million.

However, in the United States, the average salary is US $ 75,000 (that is, 620,000 rupees), and if they work at FAANG, the salary ranges from US $ 160,000 to $ 200,000 (that is, 1.3 million rupees to 1.7 million rupees).

Of course, the wage gap between the country can be frustrated.However, when we turn the perspective to the company owner, the actual consideration will play a role.In the United States, it is usually necessary to pay high salary for employees with general skills.On the contrary, in India, only half of the wages of ordinary US employees need to be paid to attract the smartest talents for the company.

India's labor cost is much lower. When we observe the huge difference in production costs, this has become an important decisive factor.This economic advantage enables the company to invest in high -quality talents and advanced technologies while maintaining cost -effectiveness, and eventually gain competitive advantages in the global market.

The salary of the Indian Space Research Organization scientists is 200,000 to 1 million Indian rupees, while the average salary of scientists in the National Aerospace Administration is 6.25 million Indian rupees.

When the smartest talent holding a meager salary in India, we chose to leave India and settle abroad to find better opportunities, it is difficult for us to understand.But at the same time, India is providing high cost -effective services to the world.

India's Mars mission cost $ 7 or 4 million, while the National Aerospace Administration cost $ 671 million.In the future, if you reach the moon from India's spacecraft and buy a piece of land, the price will be the same as buying a house in the United States.I know I'm exaggerating, but I don't believe in Ambanis.They destroyed India's telecommunications department in one hand and almost established monopolies here.

This is my next topic.

Comparison of the telecommunications industry.

Of course, with the rise of the telecommunications operator Jio, a subsidiary of Xinshi, the popularity of Tiktok influencers in India has risen sharply.The Indian government's decision to ban Tiktok's decision caused a blank, but other platforms have effectively filled this gap.It is worth noting that these alternatives have received extensive attention among content creators.

Speaking of price comparison, India stands out for its most affordable price in the world.In fact, India ranks among the top five in terms of providing cost -effective services.

You know, in terms of data rates, the United States has not entered the top 100.

With a smartphone, there is a sudden emergence of things, that is, my next stop: Unified Payment Interface (UPI).

Bank of India and UPI

The international market is well known to the US dollar.But 10 years ago, even in India, no one had dreamed of paying simple small transactions to India's small merchants without spending cash.

For many countries including developed countries, real -time payment (bank to banks) is still a dream.

Bank of India is much better than Western banks.

Due to attractive valuation and more stable deposits, Indian Bank has an advantage over American counterparts.The attractive valuation of the Indian Bank is an excellent way for value investment.Despite the crisis in the banking industry in the United States and Europe, Indian banks are relatively favorable due to the large deposits.

Compared with banks around the world, the foundation of Bank of India is more detailed and diversified, which helps reduce risks.McKinsey's analysis shows that about 82% of the total liabilities of the Bank of India are obtained through deposits, and the proportion of the United States and EU Banks is about 60-75%.

People blindly buy banks in India, because they know that it will bring them returns.(Without talking about HDFC, I am still suffering from losses).

But I don't intend to talk about banks, because all this is related to UPI.

UPI has changed the Indian transaction method, enhances the ability of millions of people, and promotes economic growth.UPI has completely changed India's payment field, and more and more non -residents Indians can also use UPI.

In fiscal 2023, India's UPI transaction value will reach 1.7 trillion US dollars, and it is becoming the darling of the world.Many countries including Japan, Singapore, the UAE, France, Britain and Japan have expressed their intention to adopt UPI.

With the rise of UPI, our dependence on Visa and MasterCard has greatly reduced.

Of course, admitting that the place that needs to be improved is the key to progress, and each country has its own challenges.While India has a huge advantage, it continues to work hard to make progress in various fields.Acknowledging that these areas that need to be improved are essential for the steady development of the country.

I am proud of my country.

Indian netizens talk about

Everything has its advantages and disadvantages. This is also applicable to a country. As a citizen of India, we should work hard to understand the benefits and eliminate disadvantages from our knowledge and concepts.

Well written, brother

It is not to say that India is better in medical care than developed countries.Although the United States is a developed country, its medical department is a bad country.Therefore, any country with decent medical care is better than the United States.

I am proud of myself by Indians.If we stay in India, there will be many advantages, but if you go abroad for education and work for a few years, it is okay to see the two sides of the world!India is home, and home is always peaceful.Coupled with the trouble of the H1B visa and the pain of frequent layoffs.The happiness of life has never been defined by money.

In the United States, things like health care and education are obviously wrong.Only the privileged class can afford it, and many countries do better in this regard.

UPI is a huge success.Today, there is almost no need to bring cash anywhere.Most services accept UPI payment, and it is easy to track your funds through this application.Even bus services in some cities have begun to accept UPI payment.

As a proud India.

India provides more than just economic affordable treatment; India provides effective, world -class, and most advanced treatment at a economic affordable price. It can almost treat any diseases that are known and understood today. Whether in terms of money or time,All.Don't forget the masonry facilities in India. Other countries have invested all the money into a glittering hospital. There are comfortable waiting chairs, carefully managing receptionists and technicians.Words flickering you, but they cannot fulfill their promises, and will never reach the service level of India's routine and large -scale provision, and the price is lower.This is a real gift in India.Global competitive medical and human health knowledge.This has nothing to do with "cheap", and it is related to the effectiveness of things, doctors' responsibility and serious attitude.I am a living example of this fact. I came to India from the United States for treatment.

. Agree with your point of view, but there are a few points to mention.India does provide world -class treatment and hospitals, but the population and hospital ratio are catastrophic.The clinic time is long.I am from the most remote areas of India. The best hospital in our town has only two floors. Under emergency situations, the best hospital is 100 kilometers away from us.Common diseases can be treated economically, but for major diseases, we still lack infrastructure, doctors and facilities.

Well ... this may be true for some areas of India, I guess, because I have never been to every corner of India.But I received the treatment of the LV PRASAD Institute of Ophthalmology in Hyeraba.There is no delay in the abnormally fast service.They have rarely charges and try to help poor people who cannot pay.Medical campus is a huge and modern facility.In emergencies, doctors and hospital staff are not allowed to wait for a minute.I suddenly realized how these Indian doctors attached a timely response to patients, at least in this place.Even in Poa, Mumbai, and Mahara Shitra, I have felt similar doctors and staff.Perhaps this is the case in big cities, and it is uncertain about rural and remote areas.In the United States, healthcare staff and professionals are completely indifferent.This is really a situation. They will arrange your medical problems according to their convenience and fill their appointment indicators in the quarter.It's really like running an ordinary business center.

Very good analysis.Our Indians should not feel inferior in the Western world because our country has its own advantages.

For this question, what do you think of friends?Welcome to leave your opinion in the comment area!

In what aspects of India are far better than other developed countries?

Mumbai Wealth Management