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India's GDP grows at 8.2 per cent in 2018-19 Q1

bafxet

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India's economy grew at an impressive 8.2 per cent in the first quarter of 2018-19 financial year ending June 30 on the back of a strong core performance and a healthy base .

This jump ahead of national elections next year would help bolster the government amid a debate over its economic record versus that of its predecessor following the release of back-series data recently. This will also be factored in by the monetary policy committee at its next review scheduled for October 3-5.

//economictimes.indiatimes.com/articleshow/65623967.cms?utm_source=ETnotifications&utm_medium=editpush&utm_campaign=Indicators&utm_content=bigimage&utm_content=bigimage&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
 
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As always, one should ask "8.2 percent of what? What is the size of the base?"
 
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Modi-economics and Arun Jetley[read Jetlies] concocted figure...
 
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What are the main drivers of this impressive growth...the harbingers of real growth.

The burn is real


Lol...I am actually very happy, It's the region which benefits and grow...
 
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What are the main drivers of this impressive growth...the harbingers of real growth.

Its mostly due to the lower base effect. Last year in Q1 India grew by only 5.7% due to demonitisation and implementation of GST. It has been growing ever since.
 
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For me its Orissa , Bihar , Eastern UP and Jharkhand ...the day these areas start improvement ... things will become better for us.......
I would say dont hold your breath.
 
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uch growth rates makes less sense until the benefit reaches the poorest of poor .....


Modi has started a new social contract...it is reaching the poor


modi-main.jpg


images






...or better still, start selling Pakodas...ideal for unemployed youth, nothing like a steaming hot cup of Chai with sizzling Pakodas...

20180121_174133.jpg


https://www.hindustantimes.com/indi...abha-speech/story-geJdXAWOnyPPE6tfLeYjfM.html
 
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I am not agree with him with all his policies but as of now he is only option India have .... Western part of India is growing rapidly then the eastern flank of country ...once the eastern part start progressing , the benefits of growth will reach the poorest of poor .... and after GST the growth rate was bound to increase and after demonetization they have doubled the number of tax payers .... but the bottom line is the day the people of districts like Kalahandi get a decent life , the defenition of growth completes ....

Modi has started a new social contract...it is reaching the poor


modi-main.jpg


images






...or better still, start selling Pakodas...ideal for unemployed youth, nothing like a steaming hot cup of Chai with sizzling Pakodas...

20180121_174133.jpg


https://www.hindustantimes.com/indi...abha-speech/story-geJdXAWOnyPPE6tfLeYjfM.html
 
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