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IMF projects 11.5% growth rate for India in 2021, only country with double digit growth

Chhatrapati

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I don't know the exactly breakdown, but Hong kong is also one of the top regions receiving FDI in the world, does FDI flow into Hong kong also being counted into China's?
The point being Chinese billionaires are known to escape to HK, there is a large shadow banking network in HK to whiten the money they make in China. No points for guessing who is the largest investor in HK LOL!

India is the king in faking GDP numbers
Yeah, based on Gobar times stonk feelz. No, India didn't fake any GDP numbers. If you're going to quote the Changing of GDP calculation, this has only improved the efficiency of calculating GDP, made calculation based on market price instead of factor cost, the addition of taxes and reducing subsidies from GDP and formalize it with SNA standards. A method used around the world to calculate GDP, and adding informal sectors to the calculation.
 

Andhadhun

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lol, India is the king in faking GDP numbers, people come to China can see everything is rising up fast, new bullet trains, subways, airports, highways, bridges... all spring up all over China, while in India you see nothing significant changed for decades, your growth is only on paper but not on the ground in reality.

I don't know the exactly breakdown, but Hong kong is also one of the top regions receiving FDI in the world, does FDI flow into Hong kong also being counted into China's?
1. It is impossible to fake GDP Numbers in a democracy.

2. Per capita growth in India is driven by people and not the govt. so its impossible to see radical change unlike in china which is govt. driven.
 

Chhatrapati

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The why did you ban Chinese social media platforms? What are you trying to hide?
I think the world must take an example from us and kick Chinese companies out. For the purpose of reciprocity. You allow other companies in China, we allow your companies in our countries.
Slow and steady.
 

ToddBing

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1. It is impossible to fake GDP Numbers in a democracy.

2. Per capita growth in India is driven by people and not the govt. so its impossible to see radical change unlike in china which is govt. driven.
Indian's democracy is the largest joke on this earth.
India is in fact a colony which pretend to be a democracy, the only difference is the colonizer has changed from your Britain master to the higher castes.

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Dungeness

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this is coming from a country that bans google, facebook
They banned themselves out of Chinese market, because they refused to follow Chinese laws. It's good thing by the way for Chinese companies like WeChat, Baidu, Tiktok.

India is banning Chinese apps, hopefully, there will be some worthwhile Indian companies to back up the title of "The IT superpower".
 

FuturePAF

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Thing about indians is that they live in a retarded delusional bollywood fantasy world where they are the rulers of the world and everyone else is their slave.
That’s true. Those in the know can see that they are probably supplying the IMF with flawed data, but those that actually have to put their necks out and give real numbers are saying... no more than 5%, and economic recovery will be slow and painful at that. He’s a spokesman for Congress, so as the party of the economist prime minister Manmohan Singh, it’s probably a more accurate assessment.

The average Indians should be demanding the the IMF share with them the data the government has given them to generate such a rosy picture. Ihonestly think the current Indian government purposely made up the numbers so their economy looks like it has recovered fully (down 10.3% last year and up 11.5% this year to break even), perception management BJP style.

 
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That’s true. Those in the know can see that they are probably supplying the IMF with flawed data, but those that actually have to put their necks out and give real numbers are saying... no more than 5%, and economic recovery will be slow and painful at that. He’s a spokesman for Congress, so as the party of the economist prime minister Manmohan Singh, it’s probably a more accurate assessment.

The average Indians should be demanding the the IMF share with them the data the government has given them to generate such a rosy picture. Ihonestly think the current Indian government purposely made up the numbers so their economy looks like it has recovered fully (down 10.3% last year and up 11.5% this year to break even), perception management BJP style.




As all indians are severely addicted to lies and propaganda, NO ONE in india REALLY knows what the truth and reality are any longer.
 

FuturePAF

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Giving optimistic economic projection will impress foreign investor so the optimistic projection is actually helping the future growth as well by increasing the investment component. India FDI is huge and play significant role on their economy.

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Which is why an ex-minister coming out and saying growth this year won’t top 5% and growth won’t return to pre-pandemic levels until 2025 will scare away investors, and its will severely humiliate and undermine Modi, at least until the next election.

BJP officials and Indian businessmen are probably going “Reee” all over India today, after that former bank officials statement.
 

Joe1351

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They banned themselves out of Chinese market, because they refused to follow Chinese laws. It's good thing by the way for Chinese companies like WeChat, Baidu, Tiktok.

India is banning Chinese apps, hopefully, there will be some worthwhile Indian companies to back up the title of "The IT superpower".
funny guy. let me guess you are 12 years old?
India GDP growth 2020 (-10.29%)
India GDP growth 2021 (11.5%)

Real positive gdp by end of 2021= 11.5 -10.29

Result: actual GDP growth: 1.21%
May be your PM and Pakistan need your math skill to revive its economy . Looking from far, For sure Pakistan need it.
 

nahtanbob

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India GDP growth 2020 (-10.29%)
India GDP growth 2021 (11.5%)

Real positive gdp by end of 2021= 11.5 -10.29

Result: actual GDP growth: 1.21%
It is actually worse than that

If you have $100 and you lose 20% you are down to $80
At $80 if you gain 20% you are back to $96

That is a loss of $4
They banned themselves out of Chinese market, because they refused to follow Chinese laws. It's good thing by the way for Chinese companies like WeChat, Baidu, Tiktok.

India is banning Chinese apps, hopefully, there will be some worthwhile Indian companies to back up the title of "The IT superpower".
don't believe everything you get spewed at
 

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