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Indian Economy crisis 2019

What makes you think, people would take your video or articles more seriously than that of AIIB, IMF or for that matter even world bank? We are nowhere near bankruptcy unlike some.

Gopinath said, “With regards to the newer numbers that are coming out, we are paying close attention to it, we are speaking closely to our colleagues in India and then we will make a determination based on that.”

While she welcomed the changes made to the GDP calculation in 2015, including the change in base year, she also flagged concerns over the “deflator” used to calculate the real GDP.
 
Gopinath said, “With regards to the newer numbers that are coming out, we are paying close attention to it, we are speaking closely to our colleagues in India and then we will make a determination based on that.”

While she welcomed the changes made to the GDP calculation in 2015, including the change in base year, she also flagged concerns over the “deflator” used to calculate the real GDP.

How does that discourage foreign investors? Please educate ! As long as they have good tension free returns, how we calculate growth of our country is non of their concern. We have a thriving economy towards our east, much more censored and yet went on to become the world's factory.
 
Moody reduced India's growth rate to 6.2% this year which is not good. China might take back the fastest major economy.
 
The growth rates have declined in almost all countries. These things are cyclical.
On that note, people have correctly predicted 10 out of the last 5 recessions.
 
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