Indian Economy-News & Updates

[BDforever]

this year passed over Kuwait and Ukraine

 

[kaykay]

Troll-ion , pls change title

Aah! It was just typo.

 

[sree45]

this year passed over Kuwait and Ukraine

View attachment 118486

Hasina jee is doing a good job..

 

[Chanakya's_Chant]

this year passed over Kuwait and Ukraine

View attachment 118486

All because of the Mighty Queen of BD Sheikh Hasina! Hail Hasina!!!

 

[Inqhilab]

3 trillion within 5 years is more than likely if Modi can get India back to 7-8% growth and then 5 trillion is doable by 2024/5.

The Economist is quite bullish on India's growth story

 

[Donatello]

3 trillion within 5 years is more than likely if Modi can get India back to 7-8% growth and then 5 trillion is doable by 2024/5.

A 8% growth for 9 years will give you doubling of GDP.
So by 2024, it can be maximum 4 trillion, not 5. But that depends entirely on sustained growth rates. India is no where 8% growth right now, it will take couple of years to achieve that, if possible. So if we start at 2016-17, and growth is at least 8% or above, India will have some 4 trillion USD GDP by 2026.

Plus there are constraints that present an economy. The biggest factor for both China and India is resources. Where are you going to get all that Oil/Gas/Minerals/Metals from? While India grows, China increases it's resource consumption massively, then there is the rest of the world, USA being the largest, Euro Zone after that. Where are so much resources to come from?

The exponential growth model for economy is flawed because it does not account for corrections/setbacks like resources security, wars, natural disasters, global financial shake downs etc.

Just like you cannot use exponential model to predict population at a certain time using the average population growth rate. You have to account for disease, natural deaths, death rate, etc

 

[BDforever]

All because of the Mighty Queen of BD Sheikh Hasina! Hail Hasina!!!

Hasina jee is doing a good job..

Chutiyaaaaaaaaaaaaaaaaaaa

 

[Donatello]

View attachment 118525

The Economist is quite bullish on India's growth story

Read my above post.

They predict based on current assumptions, that the economy can grow continuously, like a gas expanding in vacuum. That is not the case.

 

[BDforever]

Read my above post.

They predict based on current assumptions, that the economy can grow continuously, like a gas expanding in vacuum. That is not the case.

why there is n/a in Pakistan's section in IMF report

 

[Chronos]

According to IMF WEO October 2014 report, India is now 2.047 Trillion USD economy.

Report for Selected Countries and Subjects

Report for other countries can be found in below link from IMF.
Select Country or Country Groups

@gslv mk3 @anant_s @Skull and Bones @Abingdonboy @Ammyy @GURU DUTT @Aether @third eye
@farhan_9909

Trollion.

Good work Indian trolls in PDF, the World Bank has recognised your efforts in trolling

 

[Donatello]

why there is n/a in Pakistan's section in IMF report

Growth figures might not be available or complete. They were last time i checked, since Pakistan just completed an economic survey this year.

Rest assured it was well ahead of Bangladesh.

 

[The Great One]

A 8% growth for 9 years will give you doubling of GDP.
So by 2024, it can be maximum 4 trillion, not 5. But that depends entirely on sustained growth rates. India is no where 8% growth right now, it will take couple of years to achieve that, if possible. So if we start at 2016-17, and growth is at least 8% or above, India will have some 4 trillion USD GDP by 2026.

Plus there are constraints that present an economy. The biggest factor for both China and India is resources. Where are you going to get all that Oil/Gas/Minerals/Metals from? While India grows, China increases it's resource consumption massively, then there is the rest of the world, USA being the largest, Euro Zone after that. Where are so much resources to come from?

The exponential growth model for economy is flawed because it does not account for corrections/setbacks like resources security, wars, natural disasters, global financial shake downs etc.

Just like you cannot use exponential model to predict population at a certain time using the average population growth rate. You have to account for disease, natural deaths, death rate, etc

There is a concept called Nominal growth rate and real growth rate. Look it up.

 

[Rajaraja Chola]

GoI is updating and revising the GDP data. Many small and agricultural companies which have not been incorportated, will be now added to upgrade GDP data. In few months we can expect it in the range of 2.5-2.7$ trillion dollars.

 

[BDforever]

Growth figures might not be available or complete. They were last time i checked, since Pakistan just completed an economic survey this year.

Rest assured it was well ahead of Bangladesh.

it was about $230 billion figure last time, so of course Pakistan is ahead of Bangladesh, but Bangladesh is closing up

 

[Donatello]

There is a concept called Nominal growth rate and real growth rate. Look it up.

Yes i know that. A growth rate of 8% is extremely high for any economy. Which means it will be more susceptible to shocks and slowdowns. India and China were roaring in 2008 when majority of western world had financial collapse. But it took another 2 years for that financial crisis to register in India and China, reducing growth rates, increasing unemployment and reducing overall growth in all sectors.

it was about $230 billion figure last time, so of course Pakistan is ahead of Bangladesh, but Bangladesh is closing up

Abey chal!