4pc for education in GDP by 2018: PM

[Asian.Century]

Hopefully its implemented fully. Great news...

 

[CrazyPaki]

4 percent is really good but they should keep a target of 5% since education is the key to everything.

 

[jarves]

Post #14 answers your question. It's how India doubled its economy in 5 years. All comes down to inflation.

Nope India;s GDP was at 500 billion dollars in 2001 and not 2003,it reached at 1 trilliion dollars in 2007 (i.e. 2 years before)because India also experienced currency appreciation and average phenomenal growth rate at that time.Pakistan is on the verge of bankruptcy and there is now way that it can double its GDP by 2018 or 2019.

 

[farhan_9909]

Nope India;s GDP was at 500 billion dollars in 2001 and not 2003,it reached at 1 trilliion dollars in 2007 (i.e. 2 years before)because India also experienced currency appreciation and average phenomenal growth rate at that time.Pakitan is on the verge of bankruptcy and there is now way that it can double its GDP by 2018 or 2019.

Indian GDP

2002: 522Billion dollars

2007: 1238Billion Dollars.


NOTE:Indian GDP increased from 950Billion dollars to 1238Billion dollars in only one year despite only 7-8% Growth rate.

International Monetary Fund, World Economic Outlook-Google Public Data Explorer

It means India GDP expanded by 716Billion dollars or 57% of its Original Size only in 5years.

No Blind Patriotism,Since the GDP already has reached 300Billion dollar by now.within this Govt end or in 2018 the PAkistan GDP would had been expanded to atleast 500-550Billion dollars or 40% increase

 

[jarves]

Indian GDP

2002: 522Billion dollars

2007: 1238Billion Dollars.

Kindly provide a source for this.

 

[farhan_9909]

Kindly provide a source for this.

Maa sadqay


I had already posted the link.Anyway Posting again a link of IMF

NOTE:Since this is under Google Trend,you can switch to wb aswell if you want but this link won't open on Mobile if your on mobile

International Monetary Fund, World Economic Outlook-Google Public Data Explorer