India's GDP growth of 6.7% to be fastest in world in 2022: UNCTAD

[Chris Logan]

Pakistan should start focusing on trade with India instead of war, its only going to get millions of innocent Pakistanis and Indians killed.

 

[MH.Yang]

Indian superpower 2022

 

[Cheepek]

IMF Prediction is made in April 2021, before second wave of India Covid surge

Where is the link saying India grow 21 % during Covid Second Wave ?

For what I know India did achieve 21 % growth in 1st Quarter, before India Second Wave Covid started

Q1FY22 is April-June.

 

[GS Zhou]

China's GDP size is 6x of India's. By growing at 5.6%, it means China's net addition in GDP in one year is 1/3 of India's absolute size! And the India media is still celebrating "our growth rate 6.7% beats China's 5.7%".

I love the brainwashing India media! They hate China, but by brainwashing their own people, they are actually the friend to China.

 

[Pandora]

In 2021 these same organizations were predicting 12-15 % growth but we all saw how that went down the drain. In all reality IMF/Worldbank rely on official data of respective country and Modi govt is fudging data big time.

 

[Chat SAMOSA]

To be a developed country, you have to be able to make chips. Cars, machines, and all technology products need chips. Russia doesn't have a chip. So it didn't become a developed country.
Without chip manufacturing, $10000 per capita would be the upper limit for all industrial countries.

Absolutely correct about the chips. India has to super charge all semiconductor r&d. This is well within 7 year reach as now there are sufficient science and capital available.


Hopefully while doing this, we can also pay attn to semiconductor etching lasers without which all the fabs become useless. For example several countries are stymied right now as US has blocked sale of top two machines by ASML

China's GDP size is 6x of India's. By growing at 5.6%, it means China's net addition in GDP in one year is 1/3 of India's absolute size! And the India media is still celebrating "our growth rate 6.7% beats China's 5.7%".

I love the brainwashing India media! They hate China, but by brainwashing their own people, they are actually the friend to China.

Growth is growth, why is it a comparison? What's important is India get rid of its eroding corruption and grow while being a better society.

 

[Indos]

Q1FY22 is April-June.

See now ??

My prediction is better than your Central Bank Economist and IMF Economist.........

2021 GDP (Jan-December 2021) hasnt yet reach 3 trillion USD

@Bilal9

 

[Black Tornado]

See now ??

My prediction is better than your Central Bank Economist and IMF Economist.........

2021 GDP (Jan-December 2021) hasnt yet reach 3 trillion USD

@Bilal9

And what’s your source?

 

[Cheepek]

See now ??

My prediction is better than your Central Bank Economist and IMF Economist.........

2021 GDP (Jan-December 2021) hasnt yet reach 3 trillion USD

@Bilal9

Don't cry

 

[pikkuboss]

Let's wait for 3 more weeks instead of fighting.

 

[Indos]

Don't cry

View attachment 841277

He he almost cannot reach 3 trillion USD, but at least my prediction is closer to this number than your economist had predicted

Any way, that is current price nominal GDP where inflation is very determinant as we know your inflation in 2021 is 5.56 %, triple than Indonesia inflation number in 2021

I wonder why IMF doesnt give constant price data for nominal GDP ( real GDP) in their recent data set........??????

 

[Wiler87]

Tata Power Solar bags Rs 5,500 cr order from SJVN for 1 GW project​

Tata Power Solar Systems on Thursday said it has won India's largest solar engineering procurement and construction (EPC) order for 1 GW project worth Rs 5,500 crore from state-owned SJVN Ltd.​

Tata Power Solar Systems on Thursday said it has won India's largest solar engineering procurement and construction (EPC) order for 1 GW project worth Rs 5,500 crore from state-owned SJVN Ltd.

According to a company statement, this EPC order has been designed keeping in mind the innovative use of Make in India' cells and modules.


The project will be developed under the CPSU (central public sector undertaking) scheme of Ministry of New & Renewable Energy and will be completed within 24 months.

Covering 5,000 acres of land in Rajasthan, this project aims at reducing around 22,87,128 kg of carbon emission and is expected to generate around 2,500 million units annually.

"Implementation of such large project reflects our commitment to the promotion of clean and green energy in the country and strengthens our position as the leading solar EPC player," Praveer Sinha, CEO & MD, Tata Power, said.

Tata Power Solar has always been a pioneer in implementation and commissioning of such large scale renewable projects.

With this win of 1GW (gigawatt), the company's order booking crosses the Rs 12,000-crore mark with a cumulative portfolio of more than 9.3 GW for utility scale renewables projects.

 

[northeast]

In this stage of devolopment,China used to grow like 14% per year.

 

[Wiler87]

In this stage of devolopment,China used to grow like 14% per year.

So ?

 

[Cheepek]

He he almost cannot reach 3 trillion USD, but at least my prediction is closer to this number than your economist had predicted

Any way, that is current price nominal GDP where inflation is very determinant as we know your inflation in 2021 is 5.56 %, triple than Indonesia inflation number in 2021

I wonder why IMF doesnt give constant price data for nominal GDP ( real GDP) in their recent data set........??????

This was your "prediction" in this same thread.

You know nothing about India's economy.

You can check our budget document for GDP at constant prices.
Why IMF doesn't give what you want? Go cry at IMF's door.

No one gives a shit to Indonesia.

"My prediction is better than your Central Bank Economist and IMF Economist........."

Exhibit B

-> Deep depreciation of INR going on.. (wah so deep)
-> Leave FY22, India will not reach $3T even in FY23

Exhibit C:
-> Hoping that video gets updated to May 2022 figures now