India's GDP has overtaken China: Manohar Parrikar

[INDIAPOSITIVE]

PANAJI: Defence ministerManohar Parrikarsaid that changes rung in by BJP government have shown results and India has taken over China in terms of gross domestic product (GDP) growth.

Speaking to mediapersons at Bharatiya Janata Party (BJP) headquarters in Goa, Parrikar said,"For the first time, the economy has been growing (In India). First time, we have overtaken China in terms ofGDPgrowth."

Parrikar was speaking to the press almost at the same time as Prime Minister Narendra Modi, who is known to be close to him, left from China on Saturday.

Elaborating further, Parrikar said India has seen over 7 percent GDP growth this year while for the last two years, GDP growth was just less than 5 percent.

He also said that since BJP came to power on March 26, 2014 at the Centre, a lot of things have changed in the country and the benefits have percolated to a lot of people. "Inflation is under control and employment rate has increased," Parrikar added

He also said the the economy is likely to grow and the impact of measures initiated by the union government would be seen in the near future.

India's GDP has overtaken China: Manohar Parrikar - The Times of India

 

[SarthakGanguly]

Parrikar said - GDP growth has overtaken China.
Toilet prints that GDP has overtaken China.

 

[ito]

ToI is becoming more and more retarded...they are not even able to report properly. MP said GDP Growth and not GDP

 

[Providence]

meaning the rate of growth !

 

[lightoftruth]

TOI deliberately do it.

 

[SarthakGanguly]

ToI is becoming more and more retarded...they are not even able to report properly. MP said GDP Growth and not GDP

Slap/humiliate anyone reading it. Or ask for it politely, wipe your sweat and fold it. Then dump it in a bin.

 

[C130]

rate of growth compared to current GDP

china has a higher current GDP and still a decent growth of GDP.

it's like saying a country with a current GDP of $1 trillion growing at 10% is worth comparing to country with a curren $5 trillion GDP growing at 7%

i wouldn't say that indicative that India is growing faster than China.

 

[ito]

rate of growth compared to current GDP

china has a higher current GDP and still a decent growth of GDP.

it's like saying a country with a current GDP of $1 trillion growing at 10% is worth comparing to country with a curren $5 trillion GDP growing at 7%

i wouldn't say that indicative that India is growing faster than China.

There is a lot India should do to be compared with China. But given the size of India..it is quite possible for India to take a center stage in global economy in coming years if it continues to grow at a healthy pace.

 

[C130]

There is a lot India should do to be compared with China. But given the size of India..it is quite possible for India to take a center stage in global economy in coming years if it continues to grow at a healthy pace.

still decades away, and anything can happen during that time.

 

[Echo_419]

meaning the rate of growth !

The fuckers at TOI deliberately did tgat

 

[ito]

still decades away, and anything can happen during that time.

I would not say decades...but years if India grows between 7 to 8% for the next decade and can sustain 5 to 6% for some time after that.

 

[The Huskar]

Times of India should stick to what it does best,cleavage photos of Bollywood actress.They should leave serious news to serious print houses.

 

[uparyupari]

rate of growth compared to current GDP

china has a higher current GDP and still a decent growth of GDP.

it's like saying a country with a current GDP of $1 trillion growing at 10% is worth comparing to country with a curren $5 trillion GDP growing at 7%

i wouldn't say that indicative that India is growing faster than China.

Obviously it will be Rate of growth to current GDP.

India's current GDP is 2.1 Trillion $ and China is 9.2 Trillion $. However Indias growth and economy closely resembles China's economy if you do a comparative analysis of when both the economy was unshackled. Actually India does better than China on that front.

The 13 year gap is closing faster.

Chia is expected to be a larger economy than the US by 2017.

 

[Economic superpower]

Was this after the laughable Vedic math applied by Modi-the-butcher that magically boosted Indian GDP with a stroke of a pen? @RiazHaq

 

[45'22']

But the sad part is a country with 5 trillion $ GDP with 5 percent growth rate will add more money to its economy than a 1 trillion $ economy with 7-8 percent growth rate..

We need reforms and double digit growth for 2 decades to compete with the Chinese economically