South Asia Investor Review

Pakistan's agriculture sector GDP grew at a rate of 5.2% in the October-December 2023 quarter, according to the government figures. This is a rare bright spot in the overall national economy that showed just 1% growth  during the quarter. Strong performance of the farm sector gives the much needed boost for about 37% of Pakistan's workforce engaged in agriculture. It helps the country's rural economy improve their living standards. In the same period, India's agriculture sector that employs 43% of the workforce slowed to 1.2% growth . This could be one possible contributing factor for Pakistan (rank108) significantly outperforming India (rank 126) on the World Happiness Index once again.  World Happiness Map 2023. Source: Gallup Pakistan has seen bumper crops of rice, corn, wheat, sugar and cotton this fiscal year after the devastation caused by massive floods in the prior year. During the first six months of the current fiscal year 2023-24, exports of agro and food p

Aaron Bushnell, an active serviceman in the United States Air Force, burned himself to death in front of the Israeli Embassy in protest against the US policy in Gaza. Before setting himself on fire in what he called an "extreme act of protest", he said he would "no longer be complicit in genocide". Polls show that the vast majority (63%) of Americans want an immediate end to the carnage being perpetrated by Israel in Gaza.   USAF Engineer Aaron Bushnell Although Bushnell resorted to this extreme form of protest against the Biden Administration's policy of unqualified support for Israel, he was not alone in opposing it. American public opinion polls confirm that the vast majority of Americans, including Jewish Americans, want an immediate end to the Gaza carnage.  Gaza Ceasefire Poll. Source: ISPU Overall, 63% of Americans support a ceasefire in Gaza, according to a  recent poll  conducted by the Institute for Social Policy and Understanding (ISPU). In terms of r

Independent candidates backed by the Pakistan Tehreek e Insaf (PTI) party emerged as the largest single block with 93 seats in the nation's parliament in the general elections held on February 8, 2024.  This feat was accomplished in spite of huge obstacles thrown in front of the PTI's top leader  Imran Khan  and his party leaders and supporters by Pakistan's powerful military to prevent their victory.  Pakistan's Official Election Results 2024. Source: Aljazeera   Imran Khan and his top party leaders were thrown in jail on trumped up charges, his party was denied a unified electoral symbol of cricket bat, his supporters' rallies were banned, the mainstream media were prevented from carrying PTI leaders' speeches and the Internet was repeatedly blocked when the party held online events. So how did they succeed in spite of it? The answer lies in how skillfully the PTI activists used  technology  to get the party's messages out to the country's young electo

Illegal immigration from India to the United States is soaring. A record 96,917 Indians were detained while attempting to enter the US illegally from October 2022 to September 2023, representing a 50% jump from the corresponding period in the prior year. Vast majority of the arrested Indians came from Prime Minister Modi's state of Gujarat while others came from the state of Punjab. There are about 725,000 undocumented Indian immigrants in the US – the third-largest population of illegal immigrants after Mexicans and El Salvadorans – according to a Pew Research Centre report.  Illegal Immigration to the US From India. Source: Strait Times The number of Indians attempting to cross into the United States illegally has accelerated in recent years on Prime Minister Modi's watch. These immigrants take the Latin American route to reach the US-Mexico border before making a run for the US. They cross the Darien Gap, a dangerous thick forest region between Colombia and Panama, taking th

Muslims are the poorest group in India. They will most likely face further marginalization after the recent inauguration of the Ram Temple built on the ruins of the historic Babri Masjid in  Ayodhya . The medieval mosque was demolished by right-wing Hindu groups in 1992. While consolidating the power of the upper caste Hindus in India, the newly built Ram Temple, inaugurated by Indian Prime Minister Narendra Modi, will also not benefit the vast majority of Hindus either. It will, however, help Mr. Modi's BJP party win the upcoming election by a wide margin.  Average Monthly Per Capita Consumption Expenditure in India. Source: Hindustan Times Analysis of 2021-22 data from AIDIS (All India Debt and Investment Survey) and PLFS (Periodic Labor Force Survey) shows that Indian Muslims have the lowest asset and consumption levels among major religious groups in the country. Even upper caste Muslims (Ashrafs) are poorer than Hindu OBCs (Other Backward Castes).  Average MPCE (Monthly Per Ca

Pakistan swiftly retaliated with "killer drones, rockets, loitering munitions and stand-off weapons" to an Iranian military provocation in Balochistan province this week, according to multiple media reports. Pakistanis felt it was necessary to hit back hard to send a loud and clear message to the Iranians to respect Pakistan's national sovereignty. Within hours of the strong Pakistani military response, the foreign ministers of the two neighbors agreed to de-escalate tensions in a phone call. The Pakistani foreign ministry sent out the following tweet after this phone conversation: "Foreign Minister @JalilJilani spoke with the Foreign Minister of Iran, @Amirabdolahian today. Foreign Minister Jilani expressed Pakistan’s readiness to work with Iran on all issues based on the spirit of mutual trust and cooperation. He underscored the need for closer cooperation on security issues".  Pakistan Foreign Minister Jalil Abbas Jilani (L), Iranian Foreign Minister Amir-Abd