Indian economy to grow by 6.4 per cent in 2015-16:World Bank

[Green Arrow]

It seems that modi mantra is working

 

[Infinity]

And yeah, rest of lanka is like Mallu rural areas. No great shakes.

Hey Troll...............Can't you spell Kerala..................

 

[Guynextdoor2]

Hey Troll...............Can't you spell Kerala..................

Why? Mallu is a proud word . I know coz I am one. Are you?

 

[Infinity]

Why? Mallu is a proud word . I know coz I am one. Are you?

attheda monne dinesha.............

 

[kurup]

Why? Mallu is a proud word . I know coz I am one. Are you?

But you are acting more Tamil .

 

[Guynextdoor2]

But you are acting more Tamil .

Spent most of my early life there so I consider it my 'inherited culture'.

 

[-1o1-]

Spent most of my early life there so I consider it my 'inherited culture'.

Malayaliayi abinayaicha mathi adhikam ovrakandaa

 

[Guynextdoor2]

Malayaliayi abinayaicha mathi adhikam ovrakandaa

Over Akunnilla.....

 

[STEVEN囧]

Going on with the argument said by few of Indian users here, so it can be say that countries like Singapore, Malaysia, Thailand, Taiwan, etc. and all the other countries which have less GDP than India currently and less population than India and yet regarded as advanced/Develop countries by the whole world, will be poor and less develop countries to Indians, because they have less GDP and less population than India?

Well some people even try to bring their states GDP Growth rates while we talking about Country's GDP Growth rate as whole. going by that argument one would say all the 9 provinces of Sri Lanka, where Eastern and Northern Province GDP grew by more than 20% and western province grew by 20% or so and so.

Basic calculation to measure how much country is wealthy is by dividing total GDP of that particular year by the total population of the particular country. with Sri Lanka having just 20.1 Million of Population and currently they posses a GDP which could give $3279 GDP Per Capita, where it put them in the Lower Middle Income Bracket, and intend to become upper middle income country by 2015/2016. while India GDP can give only $1500+. having the second largest population of the world, eventually India is automatically become the huge Market, it's not magic. and GDP nominal figures are not the way to measure how country is performing or what position they are in, whether they are poor, lower middle, upper middle, high income or advanced economy. India can annually achieve or grew their GDP by $300Billion or $400 Billion easily with the huge population India has. that $400Billion increase of GDP would be more than the total GDP of Countries like Malaysia, Singapore etc. so does it mean India is much develop than them? the biggest question in the end of the day is how much that increase of GDP would increase the GDP Per Capita portion.

HDI indexes may vary from state to state or in Sri Lanka scenario province to province. while we talking about at national level it is such a joke to mention states GDP level growth or HDI levels. big or small every country has potential to become wealthy and rich. for example, Singapore, which having 5 million people stuck in to a 716.1 km² land area having GDP worth of total GDP of Pakistan or Bangladesh. Sri Lanka by any mean not tiny, with total land area of 65,610 km² it is a medium size island and with a population of 20.1 Million people similar to population like Australia or Malaysia, it posses a huge potential. with literacy level is at 98% and posses a high HDI level and Sri Lanka has met the Millennium Development Goal (MDG) target of halving extreme poverty and is on track to meet most of the other MDGs, outperforming other South Asian countries. Whereas South Asia as a whole is on track or an early achiever for nine of the 22 MDG indicators, Sri Lanka manages this for 15 indicators.
it is not secret Sri Lanka's Economy growing at a rapid pace, than other Subcontinent countries, and it is definitely will reach so called advanced and wealthy category (According estimates by 2035).

the main reason why we lag behind from the rest of the regions in the world is not having mutual understanding and bond to each other. not having a thinking "we should stand together as a region and show the world who we are". that's what South East Asian countries, Asian tiger economies doing and what we are lacking.

Definitely India can become a huge Market to the world. but the problem is high growth rate. while India increasing their GDP on the other hand they are increasing their population as well. While Countries like China, who has the largest population of the yet performing far better than other country which holding record for the 2nd highest population and Market, the difference is commitment and strict policies and Vision which India lacks. so let Mr. Modi to guide your country few years, and we shall see the results

TAIWAN IS NOT A COUNTRY,THANKS

 

[Gibbs]

Hey relax.

Sri Lanka is a nice place.


Fedex us some food, will ya? We are all starving.

Sorry for generalizing , some thing i dislike.. But these insecure prats need to put in their place.. Unfortunately i myself is craving for some good Lankan food..

Will get it when i'm down there for Christmas

 

[STEVEN囧]

The whole Aisa should work together and move forward.
Leave aside those disputes and achieve cooperation and hamonization.
Historical dispute and ideology has been wreaking havoc among our relationships.
We must have a leap forward or else we will work for the west for ever.

 

[Gibbs]

TAIWAN IS NOT A COUNTRY,THANKS

Is Chinese Taipei more apt ?

 

[SarthakGanguly]

Will get it when i'm down there for Christmas

You lucky. Next time I may go back home will be next year. Damn, I should have got into the hitman business when I had the chance. j/k

The whole Aisa should work together and move forward.
Leave aside those disputes and achieve cooperation and hamonization.
Historical dispute and ideology has been wreaking havoc among our relationships.
We must have a leap forward or else we will work for the west for ever.

Agreed.

 

[STEVEN囧]

Is Chinese Taipei more apt ?

hello sir,no matter what is the name,Taiwan is not a country.
The name of Chinese Tapei was from Olympics.
Taiwan's situation is very special and it would be resolved sooner or later.
Anyway hope the whole region is peaceful.

 

[Judge]

Diesel Subsidy accounted for ~ $70 Bill... WIth that gone, I think fiscal deficit should get significantly reduced. Things looking good already.

No.

The total fuel subsidy was Rs 1.6 lakh crore in 2013.

That means over $30 billion fuel subsidy which includes petrol, diesel, kerosene, lpg.

Total fuel subsidy should be below Rupee 30,000 crore in 2015.