what is the ratio of the expenditures of India and Pakistan? if india's expenditures is 7 Crore and Pakistan's expenditures is 1 crore
Answers
Step-by-step explanation:
NEW DELHI: India and Pakistan — two of the biggest South Asian nations — started their economic journey around the same time after gaining Independence. Not many know that there was a point in the 1960s when Pakistan's per capita GDP used to be higher than that of India's. However, over the years, India has not only surpassed Pakistan's per capita GDP but taken a commanding lead on almost every economic front.
Pakistan today is facing global criticism for failing to rein in homegrown terror groups even as it grapples with an ailing economy and mounting global debt. India, on the other hand, has become a global frontrunner which recently surpassed the UK to become the fifth largest economy in the world. The stark economic contrast between the the two neighbours shows that Pakistan's unstable government, conflicting power centres, covert support to terror groups, and involvement in global terror strikes such as the 26/11 Mumbai attacks, have bled its economy.