Govt is giving 50% subsidy on this tablet. This could be another scam in India. 90% of corrupt money is with the Forward caste. (2011) Black Money in Swiss Banks = $1.4 trillion (FC) Hasan Ali Khan = $8 billion (MC) ISRO-Devas = $300 million (FC) Cash-for-votes = $715,000 (FC) (2010) 2G spectrum scam and Radia Tapes Controversy = $6.9 billion (BC) Adarsh Housing Society (FC) Commonwealth Games = $15.5 billion (FC) LIC Housing loan scam = $200 million (FC) Belekeri port = $12 billion (FC) Lavasa = $80 million (FC) Uttar Pradesh Food Grain = $44 billion (FC) APIIIC = $2 billion (FC) IPL Cricket = $8 billion (FC) (2009) Madhu Koda = $800 million (SC) (2008) Satyam = $1 billion (FC) (2006) Scorpene Deal = $10 million (FC) (2005) Oil-for-food programme (Natwar Singh) = $10 billion (FC) (2004) Gegong Apang PDS = $200 million (ST) (2003) Taj corridor = $44 million (SC) (2002) Kargil Coffin (FC) (2001) Ketan Parekh = $200 million (FC) Barak Missile = $200 million (FC) Calcutta Stock Exchange = $2 million (FC) (1997) Sukh Ram = $5 million (FC) SNC Lavalin = $10 million (FC) Advani Hawala = $18 million (FC) (1996) Bihar fodder = $211 million (BC) C R Bhansali = $200 million (FC) (1995) Telgi scam = $4.46 billion (MC) (1992) Harshad Mehta = $800 million (FC) (1989) Bofors = $400 million (FC) (1971) Nagarwala = $1 million (FC) Haridas Mundhra = $10 million (FC)
That's incredible.... global competition aside, there are some seriously poor people in India. I hope it helps.
$35 sounds cheap to us, but factor in what the average indian makes. The average indian earns about $100 per month, so $35 is 35% of his monthly income. The average American makes about $3800 per month to equate what they pay vs what we pay in percentage, would be like us paying $1,330 for a tablet. How many of us would pay that?
I understand the numbers... What I'm seeing is a government initiative in education that has the potential to leap frog over our system here. It's not just the device but the infrastructure, education delivery system and their vision in getting their entire population online and interconnected. CBT university degrees with online drill down transcripts and competency testing. They have a population of over 500,000,000 under the age of 25 and are projecting 1B by 2015. They are arming them with technology to compete in the global workforce. This is the workforce our youngsters will compete with in 5 years outnumbered almost 20/1.
I'm sure there's reasons why something is in a given market or not in a given market. I am just the sort of consumer who'd be willing to try new things in hopes of finding a deal before the public starts creating demand, causing companies to charge premiums on their products. So, for my purposes, I am definitely willing to try cheap foreign technology.
The world needs another trading firm like I need a hole in my head. There is all kinds of financing avaliable for real businesses. Perhaps part of the problem is so many think "trading" is a real business.
Been trying something similiar in Australia, turns out most of the new putas/laptops in classrooms are too damn slow for basic stuff, poor eyesight issues at earlier ages. Meanwhile, literacy levels, handwriting are largely non-existent, and IT backup requirements have gone through the roof, and likely playing Wii in a rubber room will pass for what used to be called "sport" or physical ed. Paperless office, my ass.