Indian growth at lowest level in two years, 7.7 to 6.9

[Avisheik]

6.9 is still a good growth. I dont see whats the fuss, especially with all the euro crisis and all.

 

[CaptainJackSparrow]

Why is there such a huge disparity between China and India?

The 9 percent growth as stated in the article was too high and mukerjee has to cut it down to 7.3.

Since the past 5-6 months almost every major international org. has pegged Indian growth in the 7.6-7.9 range.

If India had to fake it, we could have simply kept it at 7.5 or something and nobody would suspect a thing.

But Alas, it's not as easy as it sounds, especially not in a democracy and a free media.

Why China's growth figures are so high?

Well China has a lot of factors going for it such as a great infrastructure in place which India clearly lacks.

---------- Post added at 09:49 PM ---------- Previous post was at 09:48 PM ----------

6.9 is still a good growth. I dont see whats the fuss, especially with all the euro crisis and all.

The problem lay with expectations.

When the world expects us to grow at far higher rates and we perform poorly, obviously everyone gets disappointed.

 

[rcrmj]

6.9 is still a good growth. I dont see whats the fuss, especially with all the euro crisis and all.

6.9 real grwoth is really a good thing`but the problem is it combined with double digits inflation and more importantly the reality contradicts those indian 'experts' prediction that india will enjoy double digits growth since like 2006 or 2007 or even earlier!

 

[IndoCarib]

6.9 real grwoth is really a good thing`but the problem is it combined with double digits inflation and more importantly the reality contradicts those indian 'experts' prediction that india will enjoy double digits growth since like 2006 or 2007 or even earlier!

You mean China never had double digit inflation ?

 

[Tshering22]

All because of this cursed and blasted government. Death to UPA! I wish they scurry like the low-lifes that they are. But still some dung-brained fellow Indian fools continue to worship these anti-national thieves.

 

[Controlled Pair]

Considering the global downturn, these figures are quite impressive. I think some Pakistanis might be jealous of their more advanced neighbours.

Pakistan can catch up with India. Only problem is that Pakistan is held back by radical Islam which is stagnant. The whole Islamic world is stagnant.

Israel registers more patents per annum than all 22 regional Arab countries combined in history.

 

[kak1978]

Indian economy is slowing for a reason and that is higher interest rates and that is done to keep the prices down. in India Inflation and price rise is a hot topic election wise. The ruling party cannot win the elections if the prices are rising.

 

[FairAndUnbiased]

You mean China never had double digit inflation ?

In 1994. 17 years ago. Basically, that China was like another world.

Considering the global downturn, these figures are quite impressive. I think some Pakistanis might be jealous of their more advanced neighbours.

Pakistan can catch up with India. Only problem is that Pakistan is held back by radical Islam which is stagnant. The whole Islamic world is stagnant.

Israel registers more patents per annum than all 22 regional Arab countries combined in history.

List of countries by patents - Wikipedia, the free encyclopedia

China has more patents in 1 year than... well I can't see India on the top 20 list.

 

[IndMaster]

You mean China never had double digit inflation ?

When will India surpass China in growth? I remember seeing predictions posted by you numerous times.

 

[lepziboy]

hayzz.our pakistani friend are always searching badnews about india how flattering

 

[Chinese-Dragon]

hayzz.our pakistani friend are always searching badnews about india how flattering

Sort of like how Indians keep searching about bad news from China?

The difference is, India's insults about China's economy are all based on "future predictions" that never come true, like this prediction from an Indian "think tank" that China would collapse during the 2008 Credit Crunch.

The Fall of the Dragon - IDR

While Indians are laughing gleefully about how their neighbour's economy is going to collapse, in fact it is their own economy that has sinking growth rates, and double-digit inflation too. (And they were already so far behind to begin with.) Poetic justice?

 

[ares]

Sort of like how Indians keep searching about bad news from China?

The difference is, India's insults about China's economy are all based on "future predictions" that never come true, like this prediction from an Indian "think tank" that China would collapse during the 2008 Credit Crunch.

The Fall of the Dragon - IDR

While Indians are laughing gleefully about how their neighbour's economy is going to collapse, in fact it is their own economy that has sinking growth rates, and double-digit inflation too. (And they were already so far behind to begin with.) Poetic justice?

You are back with the exact same rant on this thread too!!..how do you manage to post the same stuff on every possible thread??.You seems to be a serious case of obsessive compulsive disorder..get help!!

PS: Your economy is slowing down the same way as India's ..

China's gross domestic product expanded at the slowest pace in nearly two years in the third quarter
what do you think about that??

 

[mahabharath]

Sort of like how Indians keep searching about bad news from China?

The difference is, India's insults about China's economy are all based on "future predictions" that never come true, like this prediction from an Indian "think tank" that China would collapse during the 2008 Credit Crunch.

The Fall of the Dragon - IDR

While Indians are laughing gleefully about how their neighbour's economy is going to collapse, in fact it is their own economy that has sinking growth rates, and double-digit inflation too. (And they were already so far behind to begin with.) Poetic justice?

I am 200% sure not even .0004333% of the indians have seen this article..just as usual of your nature, you publicitize your obesession with India on this forum What a retard

 

[Chinese-Dragon]

You are back with the exact same rant on this thread too!!..how do you manage to post the same stuff on every possible thread??.You seems to be a serious case of obsessive compulsive disorder..get help!!

PS: Your economy is slowing down the same way as India's ..what do you think about that??

China has already been growing at a double-digit rate for almost three decades now.

Whereas India (despite all the boasting) has never even managed to sustain double-digit growth in the first place! And now it seems the race is over before it even started.

Considering that we have already been growing at double-digits for several decades, and the fact that our economy is already four times larger than India's economy... I find it truly remarkable that China is still growing at 9%+.

India, with a much smaller base economy, should be finding it much easier to increase their percentage rate of growth. Instead, their growth is sinking below all their targets, and they are constantly running at double-digit inflation too.

 

[ares]

China has already been growing at a double-digit rate for almost three decades now.

Whereas India (despite all the boasting) has never even managed to sustain double-digit growth in the first place! And now it seems the race is over before it even started.

Considering that we have already been growing at double-digits for several decades, and the fact that our economy is already four times larger than India's economy... I find it amazing that China is still growing at 9%+.

India, with a much smaller base economy, should be finding it easier to increase their percentage rate of growth. Instead, their growth is sinking below all their targets, and they are constantly running at double-digit inflation too.

Now go ahead give silly excuses!!

If you had any idea of economic you will not be talking such BS..by your logic Pakistan which is one eight the size of Indian economy should be growing at much faster and not at one third rate of Indian economy.

Its is not size which matters but the momentum of growth which does!!

Besides you sound like old man discussing his retirement plan .." after having good growth rate for several years ..China has decided it does not need good growth anymore and hence is voluntarily slowing down."

Chinese and Indian growth rates are slowing down because ..world economy is entering recession ..just like as it happened in 2008.