India will be fastest growing economy over next 10 years: Harvard researchers

[rcrmj]

In 2016 we will be adding a full Pakistan to our GDP. By 2020, 2 Pakistans every year....and it will keep increasing at that rate every few years (multiples of Pakistan added yearly) as we chug along at double digit growth or close to it....while Pakistan is stuck at less than 5% with only Chinese CPEC trying to keep it afloat (and extracting punishing interest rates from the already weak Pakistan fiscal situation).

Stick that in your pipe and smoke it.

great! great! all great!, you can add as many 'Pakistan' into your primitive economy as possible in 'future'```I sincerely to believe you lot are going to have 'white servants' in 2020 instead that ridiculous video of 2012``anyway, they are our mutual enemies arent they

'Fastest' next''10 years' 'harvard reserchers' - If you are cherry picking please do it correctly.
We are the fastest major economy in this world something we achieved by years of hard work and we want to achieve more which shows our aspirations not delusions.

ok, I left out 'harvard researchers` `` what an excellent approval```lets see this prediction will actually become reality``or it will become another laughing stock as usual ok?```lets be patient to wait for 10 years```

 

[Nilgiri]

great! great! all great!, you can add as many 'Pakistan' into your primitive economy as possible in 'future'`

Its happening right now. A growth of under 5% is an utter utter failure for India if it ever happens....but is considered a success these days in Pakistan seeing what it was growing just a few years ago (less than 4 and 3 percent even)

Report for Selected Countries and Subjects

 

[rcrmj]

btw the fastest growing country isnt India, and its far from it
GDP growth (annual %) | Data | Table

 

[Nilgiri]

btw the fastest growing country isnt India, and its far from it

Its always qualified by fastest major economy or fastest G20 economy.

No one really cares about sub 300 billion dollar economies...their growth has little impact on the world.

 

[Grevion]

ok, I left out 'harvard researchers` `` what an excellent approval```lets see this prediction will actually become reality``or it will become another laughing stock as usual ok?```lets be patient to wait for 10 years```

Predictions or not Indian economy is positioned to become world third largest by 2030 and its not us who has become a laughing stock because we are not unstable neither we are growing too slow too late.

btw the fastest growing country isnt India, and its far from it
GDP growth (annual %) | Data | Table

That's why the term 'world fastest growing major economy' is used for India.

 

[rcrmj]

Its always qualified by fastest major economy or fastest G20 economy.

No one really cares about sub 300 billion dollar economies...their growth has little impact on the world.

ok, my bad to put India on pier with 300 billion minors```well the question is, what impact does fact driven primitive stage India economy have to the world?

the figures from World Bank, WIPO, Thomas Reuters and consumer Index showed that India is nowhere to be seen in world's share of middle-class commodity consumption, luxury goods, private cars, home electronic gadgets, patent files, industrial designs, high tech exports and etc`

Predictions or not Indian economy is positioned to become world third largest by 2030 and its not us who has became a laughing stock because we are not unstable neither we are growing too slow too late.

That's why the term 'world fastest growing major economy' is used for India.

it was you that added that 'major'``

 

[Shotgunner51]

btw the fastest growing country isnt India, and its far from it
GDP growth (annual %) | Data | Table

Yes I checked that link, fastest growth were actually recorded in Turkmenistan, Ethiopia, Cote d'Ivoire, Congo, etc. I am not sure about which future forecast is accurate, they rarely are, but in my opinion the low-income countries very likely will continue to outpace others in growth rate.

 

[Nilgiri]

the figures from World Bank, WIPO, Thomas Reuters and consumer Index showed that India is nowhere to be seen in world's share of middle-class commodity consumption, luxury goods, private cars, home electronic gadgets, patent files, industrial designs, high tech exports and etc`

It is much more important to sort out infrastructure, energy, transport and other such basics first that have been completely ignored for the last 10 years or so. This will create the margins required to drive the middle class consumption from 2020 onwards in a much more sustainable way....rather than over-relying on trickle down economics, demand growth and global environment like the last administration. We finally have a decent team of supply siders in several very crucial sectors.

As for "nowhere to be seen". Thats a laughable assertion by itself. Please provide these figures from sources for calendar months in 2014 onwards. Let's see them.

 

[Grevion]

ok, my bad to put India on pier with 300 billion minors```well the question is, what impact does fact driven primitive stage India economy have to the world?

the figures from World Bank, WIPO, Thomas Reuters and consumer Index showed that India is nowhere to be seen in world's share of middle-class commodity consumption, luxury goods, private cars, home electronic gadgets, patent files, industrial designs, high tech exports and etc`

It depends on what do you term as a luxury goods-an audi or an normal SUV manufactured in India
As far as comodity consumption, private cars, home electronics,patent flies, industrial designs are concerned please post the relevant data for further discussion.

it was you that added that 'major'``

The same term was used for the China for past whole decade.

 

[Shotgunner51]

It is much more important to sort out infrastructure, energy, transport and other such basics first that have been completely ignored for the last 10 years or so. This will create the margins required to drive the middle class consumption from 2020 onwards in a much more sustainable way....rather than over-relying on trickle down economics, demand growth and global environment like the last administration. We finally have a decent team of supply siders in several very crucial sectors.

In my opinion, India overall GDP should be able to sustain momentum of a relatively higher growth rate, given the good track records (2011-2014, see link below), a low base (per capita $1,581.5 as of 2014, still lower than $1,792.2 of Sub-Saharan Africa, see link below) and population increase. There is no doubt on future potential, it all depends on what actions are taken to realize it.

GDP growth (annual %) | Data | Table
GDP per capita (current US$) | Data | Graph​

I do share the same view with you on importance of infrastructure, which is one if not all foundation for economic activities to get vibrant. More investment should go in this arena as an actionable policy.

 

[AndrewJin]

In my opinion, India overall GDP should be able to sustain momentum of a relatively higher growth rate, given the good track records (2011-2014, see link below), a low base (per capita $1,581.5 as of 2014, still lower than $1,792.2 of Sub-Saharan Africa, see link below) and population increase. There is no doubt on growth potential, it all depends on what actions are taken to realize it.

GDP growth (annual %) | Data | Table
GDP per capita (current US$) | Data | Graph​

I do share the same view with you on importance of infrastructure, which is one if not all foundation for economic activities to get vibrant. More investment should go in this arena as an actionable policy.

On consumption, here are some charts from 2015-2016 PWC report.

 

[B+ Dracula]

In 2016 we will be adding a full Pakistan to our GDP. By 2020, 2 Pakistans every year....and it will keep increasing at that rate every few years (multiples of Pakistan added yearly) as we chug along at double digit growth or close to it....while Pakistan is stuck at less than 5% with only Chinese CPEC trying to keep it afloat (and extracting punishing interest rates from the already weak Pakistan fiscal situation).

Stick that in your pipe and smoke it.

Man proposes ~ God Disposes