The journey of India’s GDP from 1000 A.D. to 2020

[JanjaWeed]

Till about 300 years ago, India accounted for more than a quarter of the world’s GDP. This share began falling following the advent of British power over the subcontinent. In the past few years, though, India’s economy has seen a revival and will continue to do so, a report called “India: The Giant Awakens” by Aberdeen Asset Management says.

One of the largest funds in the world, Aberdeen is bullish about India whose economic growth, according to its report, is coming a full circle.

“India’s rise may seem unprecedented but it’s actually reclaiming a position it held for centuries. Throughout much of the last 2,000 years, India has been either the largest or the second-largest economy in the world,” Kenneth Akintewe, senior investment manager, fixed income, Aberdeen Asia, writes in the report.

India’s 17th century Mughal emperor Akbar earned an annual revenue of some £17.5 million, according to Aberdeen. At that time India’s share of the global GDP had been relatively stable at 25% for around 200 years. This began falling during colonisation and the slide continued till the late 1970s. Things got better after liberalisation in 1991 when the country opened up the economy. Since then, India’s share has steadily risen.

Mesmerised by Modi
So, what’s Aberdeen betting on now to predict good times for India? The answer: Narendra Modi.

India’s 17th century Mughal emperor Akbar earned an annual revenue of some £17.5 million, according to Aberdeen. At that time India’s share of the global GDP had been relatively stable at 25% for around 200 years. This began falling during colonisation and the slide continued till the late 1970s. Things got better after liberalisation in 1991 when the country opened up the economy. Since then, India’s share has steadily risen.

Mesmerised by Modi
So, what’s Aberdeen betting on now to predict good times for India? The answer: Narendra Modi.

The fund says Modi has “has torn up the rulebook and started afresh.”

While the report indicates that there’s still a lot of work to do—on infrastructure and manufacturing, for instance—it believes Modi’s actions are bearing fruit. “A common perception in India is that the reform process is stalling and Modi’s popularity is under pressure. This is frequently aired in the general media but it mischaracterises the reality,” the report says.

Government initiatives such as Make in India have been showing results. For instance, foreign direct investment in 2015 grew 24% over the previous year. Other reforms that Aberdeen highlighted include the goods and services tax bill, faster environmental clearances, and the smart cities project. It also said that the number of stalled projects has dropped.


http://qz.com/764352/the-journey-of-indias-gdp-from-1000-a-d-to-2020/

 

[The BrOkEn HeArT]

That was the only reason outsiders attacked on us and looted .

 

[Gibbs]

India didn't exist prior to 1947 as the political or economic entity as it's known today, So how can anybody realistically calculate what it's GDP was ? The Mughal era was just a part of it, This article holds no water

 

[Srinivas]

India didn't exist prior to 1947 as the political or economic entity as it's known today, So how can anybody realistically calculate what it's GDP was ? The Mughal era was just a part of it, This article holds no water

Tell these lessons of colonial propaganda to some aliens, this world knows that there is an entity called Bharata Varsha existed for 1000's of years !

 

[Skull and Bones]

The Britishers, followed by Nehru's socialist policies sucked us dry.

 

[xyxmt]

This is called History in the making, you make what you dont have.

 

[Echo_419]

That was the only reason outsiders attacked on us and looted .

You do know that the concept of Nation-State is barely 300-400 years ago?

 

[Gibbs]

Tell these lessons of colonial propaganda to some aliens, this world knows there is an entity called Bharata Varsha existed for 1000's of years !

Sorry your "whole world" may be nationalist false propaganda or Bollywood movies but the real world knows India is a creation of the British Raj, It is they that added and subtracted territories for thier colonial benefits and called that entity British India, It did not exist before, Hence there can be no legitimate methodology to account GDP of a entity that was not in existent prior to 1947.. Mythical stories of fantasylands like what you mentioned dont count in the real world

 

[SarthakGanguly]

Till about 300 years ago, India accounted for more than a quarter of the world’s GDP. This share began falling following the advent of British power over the subcontinent. In the past few years, though, India’s economy has seen a revival and will continue to do so, a report called “India: The Giant Awakens” by Aberdeen Asset Management says.

One of the largest funds in the world, Aberdeen is bullish about India whose economic growth, according to its report, is coming a full circle.

“India’s rise may seem unprecedented but it’s actually reclaiming a position it held for centuries. Throughout much of the last 2,000 years, India has been either the largest or the second-largest economy in the world,” Kenneth Akintewe, senior investment manager, fixed income, Aberdeen Asia, writes in the report.

India’s 17th century Mughal emperor Akbar earned an annual revenue of some £17.5 million, according to Aberdeen. At that time India’s share of the global GDP had been relatively stable at 25% for around 200 years. This began falling during colonisation and the slide continued till the late 1970s. Things got better after liberalisation in 1991 when the country opened up the economy. Since then, India’s share has steadily risen.

Mesmerised by Modi
So, what’s Aberdeen betting on now to predict good times for India? The answer: Narendra Modi.

India’s 17th century Mughal emperor Akbar earned an annual revenue of some £17.5 million, according to Aberdeen. At that time India’s share of the global GDP had been relatively stable at 25% for around 200 years. This began falling during colonisation and the slide continued till the late 1970s. Things got better after liberalisation in 1991 when the country opened up the economy. Since then, India’s share has steadily risen.

Mesmerised by Modi
So, what’s Aberdeen betting on now to predict good times for India? The answer: Narendra Modi.

The fund says Modi has “has torn up the rulebook and started afresh.”

While the report indicates that there’s still a lot of work to do—on infrastructure and manufacturing, for instance—it believes Modi’s actions are bearing fruit. “A common perception in India is that the reform process is stalling and Modi’s popularity is under pressure. This is frequently aired in the general media but it mischaracterises the reality,” the report says.

Government initiatives such as Make in India have been showing results. For instance, foreign direct investment in 2015 grew 24% over the previous year. Other reforms that Aberdeen highlighted include the goods and services tax bill, faster environmental clearances, and the smart cities project. It also said that the number of stalled projects has dropped.


http://qz.com/764352/the-journey-of-indias-gdp-from-1000-a-d-to-2020/

Is this considering the entire Bharatvarsha at that time or only the equivalent landmass our Bharatiya Ganarajya has today under its control?

Tell these lessons of colonial propaganda to some aliens, this world knows there is an entity called Bharata Varsha existed for 1000's of years !

Ignore it.

 

[Gandhi G in da house]

Sorry your "whole world" may be nationalist false propaganda or Bollywood movies but the real world knows India is a creation of the British Raj, It is they that added and subtracted territories for thier colonial benefits and called that entity British India, It did not exist before, Hence there can be no legitimate methodology to account GDP of a entity that was not in existent prior to 1947.. Mythical stories of fantasylands like what you mentioned dont count in the real world

There are many historians and economists who have calculated historical GDP in terms of current national borders for all major countries/regions of the world. Nothing new in this. Back then it may have been a region called India, now it is a country. No rocket science here

 

[Grevion]

India didn't exist prior to 1947 as the political or economic entity as it's known today, So how can anybody realistically calculate what it's GDP was ? The Mughal era was just a part of it, This article holds no water

The report is more about the history of the subcontinent(India+Pak+Bangladesh+Nepal and maybe Sri Lanka) and the rich civilization that existed before the mughals and the whole British East India region.
The name India was first used by maybe the Persians or the greeks(sindhu-hindu-indus).
The name Bharat(which is also an official name of India recognized by the Indian Constitution) or Bharatvarsha(now Bharat Ganrajya) is more of native name of India which came from the legendary King Bharata of ancient India.

 

[SrNair]

India didn't exist prior to 1947 as the political or economic entity as it's known today, So how can anybody realistically calculate what it's GDP was ? The Mughal era was just a part of it, This article holds no water

Do we need to care your opinion? .I dont think so
During its most powerful times ,most of the kingdoms in India gave taxes to Mughals and Maratha .
Only thing Brits did here is cut down that share.

Culturally India was always one and still remains as one .That is all that matters.

 

[monitor]

Till about 300 years ago, India accounted for more than a quarter of the world’s GDP. This share began falling following the advent of British power over the subcontinent. In the past few years, though, India’s economy has seen a revival and will continue to do so, a report called “India: The Giant Awakens” by Aberdeen Asset Management says.

One of the largest funds in the world, Aberdeen is bullish about India whose economic growth, according to its report, is coming a full circle.

“India’s rise may seem unprecedented but it’s actually reclaiming a position it held for centuries. Throughout much of the last 2,000 years, India has been either the largest or the second-largest economy in the world,” Kenneth Akintewe, senior investment manager, fixed income, Aberdeen Asia, writes in the report.

India’s 17th century Mughal emperor Akbar earned an annual revenue of some £17.5 million, according to Aberdeen. At that time India’s share of the global GDP had been relatively stable at 25% for around 200 years. This began falling during colonisation and the slide continued till the late 1970s. Things got better after liberalisation in 1991 when the country opened up the economy. Since then, India’s share has steadily risen.

Mesmerised by Modi
So, what’s Aberdeen betting on now to predict good times for India? The answer: Narendra Modi.

India’s 17th century Mughal emperor Akbar earned an annual revenue of some £17.5 million, according to Aberdeen. At that time India’s share of the global GDP had been relatively stable at 25% for around 200 years. This began falling during colonisation and the slide continued till the late 1970s. Things got better after liberalisation in 1991 when the country opened up the economy. Since then, India’s share has steadily risen.

It's tells the percentage of Inda from. 1000 to 2020 but whst was the size of GDP?

Mesmerised by Modi
So, what’s Aberdeen betting on now to predict good times for India? The answer: Narendra Modi.

The fund says Modi has “has torn up the rulebook and started afresh.”

While the report indicates that there’s still a lot of work to do—on infrastructure and manufacturing, for instance—it believes Modi’s actions are bearing fruit. “A common perception in India is that the reform process is stalling and Modi’s popularity is under pressure. This is frequently aired in the general media but it mischaracterises the reality,” the report says.

Government initiatives such as Make in India have been showing results. For instance, foreign direct investment in 2015 grew 24% over the previous year. Other reforms that Aberdeen highlighted include the goods and services tax bill, faster environmental clearances, and the smart cities project. It also said that the number of stalled projects has dropped.


http://qz.com/764352/the-journey-of-indias-gdp-from-1000-a-d-to-2020/

 

[Gibbs]

Do we need to care your opinion? .I dont think so

Lol.. If you dont, Why do you bother to reply ?

There are many historians and economists who have calculated historical GDP in terms of current national borders for all major countries/regions of the world. Nothing new in this. Back then it may have been a region called India, now it is a country. No rocket science here

Just heresay and assumptions, The fact remains there was no consolidate entity called India before the British created it, There is no valid way of calculating something like GDP out of a mere geographical notion of a region, Now if they did a study on economics of numerous monarchies and dynasties that ruled parts of the sub continent time to time, like the Mughals or the Maratha's or Maurya they there would be an idea of GDP of those specific era's specific to the regions they controlled.. But in no way does that constitute as the past GDP of what is now called India

 

[Indus Pakistan]

India didn't exist prior to 1947 as the political or economic entity as it's known today, So how can anybody realistically calculate what it's GDP was ? The Mughal era was just a part of it, This article holds no water

Ram, God and Allah help us. This is just shite sprayed with gold paint. To do this one would have to:-

1- Precisely establish what do you mean by India? The Present Republic of India? The (i) British India 1800AD plus (ii) British India 1860AD plus (iii) British India 1937 plus. Moghul Empure (again which iteration)

2 - If you decide to be honest and not cheat by raping Burma, Bangladesh, Pakistan and using their figures to beef up "India" to present that as figure relating to present Indian Republic. In other words you only collate for the region that is now Indian Republic then you have to

3 - Get accurate figures for economic activity. We all know how well South Asia documents their economy therefore anything you come up with is going to be wild goofy guestimates not worth even considering.


1780

1830

1890s

Today