India posts slowest economic growth since 2014

[Acknowledge]

Its not a big deal.

This was bound to happen because of GST. We have moved to a completely new and radically different tax regime. All businesses, all factories stopped production. The existing inventories were destocked and extinguished.

Furthermore, for 2 months, businesses have been rather confused over how to proceed with the new tax regime.

Things are smoothening out now. The disruptive effect of GST will only last till December. January onwards we should be back to normal and infact, over time this GST will lead to additional growth rate of the economy.

 

[Vishwabalas]

You guys should use domestic currency, and GDP at constant prices to take about the changes.
I guess we are not talking about whether India has a health economics, but Modi's policy seems not work well for India.
China's GDP is 5x of India. So it's not the same phase, and not comparable at all. You need come back to China's history data to find clue and compare them.
Anyway, I hold a negative view on India's future.

No one cares what view YOU hold,

The Global business community continues to hold positive view of India's economic future.

 

[ashok321]

Look who took the biggest hit from cash ban; the guardian angel itself

Lol

 

[Vishwabalas]

Look who took the biggest hit from cash ban; the guardian angel itself

Lol

Then why is Indian personal savings going up ?

 

[ashok321]

Its not a big deal.

This was bound to happen because of GST. We have moved to a completely new and radically different tax regime. All businesses, all factories stopped production. The existing inventories were destocked and extinguished.

Furthermore, for 2 months, businesses have been rather confused over how to proceed with the new tax regime.

Things are smoothening out now. The disruptive effect of GST will only last till December. January onwards we should be back to normal and infact, over time this GST will lead to additional growth rate of the economy.

Bunkum.

Stop toeing Machiavellian Modi's line. He is ruling by fooling.

Malaysia, Singapore & Thailand, they also rolled out their GST but their economy did not face any such hit.

Who are you fooling with above gibberish to support Modi?

 

[Vishwabalas]

Bunkum.

Stop toeing Machiavellian Modi's line. He is ruling by fooling.

Malaysia, Singapore & Thailand, they also rolled out their GST but their economy did not face any such hit.

Who are you fooling with above gibberish to support Modi?

Yes Modi is destroying the Economy and GDP.

 

[rcrmj]

LOL.... maybe you don't get it , but we really don't care what kind of govt. you have. That was an insult for you, mocking your govt. tendency to shoot and kill political opponents.

and high caste Indian overlords killing Indian with any reasons, like cow, caste, religion,happy rape, etc```its more like at slavery state``

 

[Proud Antinational Hero]

Modi, his criminal sanghi chaddie goons, his Adani-Ambani corporate donor crooks, his subservient media houses and scores and scores of low IQed paid bhaktards and RSS/BJP cow urine drinking sanghturds are trying hard to hide the true picture of the serious mess the Indian economy is in, and the severe harm caused by the epic failure called demonetisation, which is also directly responsible for the deaths of over 125 people.

Modi is the biggest disaster to happen to India in recent years. Cow piss drinking RSS sanghturds and Modi/BJP bhaktards are destroying the country bit by bit.

For all his failures to prevent scams and his stupid silence, Manmohan Singh is looking like the wise economist who guided the Indian economy through troubled times.

Modi and his sanghi chaddie criminals are loudmouths and liars who are bent upon destroying India.

Who needs some fictious plots by Pakistan or China to destroy India from outside? The cow urine drinking RSS sanghturds are rapidly destroying India from within. Shameless criminal sanghis!

 

[rcrmj]

As per PPP, India economy is 6 Trillion $

As per PPP, China economy is 14 Trillion $.

SO the difference between India and China is only 2.3 X.

PPP is useless in the case of India, as you primitive country has literally to import everything from foreign countries by paying with U.S dollars. PPP works for the countries with strong industrial bases and technological advancement```and India has weak industry and primitive technological know-how.

for example, you need to use dollars to import those cheap yet good quality flags from a small city called Yiwu in China. the suppliers will kick you out at once if you bring out Indian toilet paper aka Rupee for the payment. So your PPP doesnt work

gosh, just think of it, a country cant even make a flag yet keep boasting about funny delusions.

Tump wants to bring back jobs, so a bleak future is certain to India's economy. India has no industrial and technological competitiveness, everything it does are substitutable.

And the worst part is that India's financial market is pretty much in the hands of American or Western institutional funds. those hot money dont give a hoot of how hard Modi is licking American daddy's arse, as speculated profits are all they after```

 

[Vishwabalas]

PPP is useless in the case of India, as you primitive country has literally to import everything from foreign countries by paying with U.S dollars. PPP works for the countries with strong industrial bases and technological advancement```and India has weak industry and primitive technological know-how.

for example, you need to use dollars to import those cheap yet good quality flags from a small city called Yiwu in China. the suppliers will kick you out at once if you bring out Indian toilet paper aka Rupee for the payment. So your PPP doesnt work

gosh, just think of it, a country cant even make a flag yet keep boasting about funny delusions.

Tump wants to bring back jobs, so a bleak future is certain to India's economy. India has no industrial and technological competitiveness, everything it does are substitutable.

And the worst part is that India's financial market is pretty much in the hands of American or Western institutional funds. those hot money dont give a hoot of how hard Modi is licking American daddy's arse, as speculated profits are all they after```

LOL at your pathetic Rant.

This is chinese Industrial production vs Indian,

Chinese Manufacturing vs Indian

Chinese Non Manufacturing index,

This is Chinese household Debt to GDP vs Indian,

China foreign reserve vs Indian,

 

[baajey]

Many Indians believe that Modi can fix everything in India but it turned out he just screws everything.

THE SCREWS dont fit anywhere either.

 

[ashok321]

View: Demonetization, Modi's biggest move, is total bust

2019 Modi bust.

 

[Proud Antinational Hero]

2019 Modi bust.

Only can only hope so, for India's sake. Otherwise, India is finished!

 

[ashok321]

Only can only hope so, for India's sake. Otherwise, India is finished!

Bellwether vs Sheeple
This country has no future. Period.

 

[karl wang]

As per PPP, India economy is 6 Trillion $
SO the difference between India and China is only 2.3 X.

LOL at your pathetic Rant.

This is chinese Industrial production vs Indian,

So this is the futrue of "Made in India", very impressive. 1.2%?
And it's very weird, the PPP is triple of the GDP. Why, who can tell?

The growth in the ‘agriculture, forestry and fishing’, ‘mining and quarrying’, ‘manufacturing’, ‘construction’ and financial, insurance, real estate and professional services is estimated to be 2.3 per cent, (-) 0.7 percent, 1.2 per cent, 2.0 percent and 6.4 percent respectively during this period.