India's GDP swells to $3.75 trillion as it topples other biggies

[Krptonite]

that will not make us rich...we need to grow faster than other fast growing economies...they are developed nations and no growth or low growth can still keep them rich and much more prosperous than us for next 50 years....we need two digit growth to eradicate the poverty

No, double digit growth is harmfull in the long run due to its overdependance on credit to fuel it. Its a double edged sword. Makes all that growth prone to crashes and immense wastage of resources on unviable projects.

Sustainable growth of around 8~9 would ensure that gains would be around for a long time.

For us, so long as we keep chugging YoY on the same growth rate, we would have growth on a stable base that would be around for centuries.

 

[hussain0216]

After 4 wars against India and innumerable killed on both sides, Kashmiri have come to realize what is happening is not in their best interest. After seeing Pakistan isolated and in desperate economic crisis, they have been very vocal against Pakistani interference. They ask --Pakistan cannot take care of itself, how can it take care of us? They see the condition of Pak occup Kashmir and compare it Indian side. They see who is more honest and take care is practical terms.
Now let us hope Pakistan will reach a economic position soon to woo the hearts and minds of Kashmiri people. Otherwise it is a gone case.

Have you not been on Indian social media lately???? It's a toxic mess

Do you think Kashmiri are blind???

They see Indian muslims attacked and you think they would tolerate Hindus any more??

Your fooling yourself

 

[Muji.Iqbal]

After 4 wars against India and innumerable killed on both sides, Kashmiri have come to realize what is happening is not in their best interest. After seeing Pakistan isolated and in desperate economic crisis, they have been very vocal against Pakistani interference. They ask --Pakistan cannot take care of itself, how can it take care of us? They see the condition of Pak occup Kashmir and compare it Indian side. They see who is more honest and take care is practical terms.
Now let us hope Pakistan will reach a economic position soon to woo the hearts and minds of Kashmiri people. Otherwise it is a gone case.

You idiot, the situation in Pakistan is not that bad. We have CPEC being built.

And Pakistan is nearly a $400 billion dollar economy with population of 250 million people. So Insh'Allah Pakistan is getting there.

As for India, You are super poor with a huge income inequality between the rich and the poor.

Hahaha don't even compare India with China or USA. You look like an idiot and is an insult to both China and USA the two super powers of our times.

Have you not been on Indian social media lately???? It's a toxic mess

Do you think Kashmiri are blind???

They see Indian muslims attacked and you think they would tolerate Hindus any more??

Your fooling yourself

Exactly, you think Kashmiri Muslims would want to live under a Hindu majority, lol.

When the Kashmiri Muslims know that Kashmir is disputed territory according to the United Nations.

 

[hussain0216]

You idiot, the situation in Pakistan is not that bad. We have CPEC being built.

And Pakistan is nearly a $400 billion dollar economy with population of 250 million people. So Insh'Allah Pakistan is getting there.

As for India, You are super poor with a huge income inequality between the rich and the poor.

Hahaha don't even compare India with China or USA. You look like an idiot and is an insult to both China and USA the two super powers of our times.


Exactly, you think Kashmiri Muslims would want to live under a Hindu majority, lol.

When the Kashmiri Muslims know that Kashmir is disputed territory according to the United Nations.

Indian population is 1.4 billion and growing,, half their reason they have a big GDP is that
They are comparing themselves with countries with populations of 60-80 million

You can see the mass toxic hate amongst Indians

More then at any time in the last 75 years do Indian Muslims understand the need for a Pakistan of their own

Economy and politics goes up and down and at the moment our politics is awful and that's effecting the economy but at no point would you trade that to live alongside HINDUS

and Indian Muslims, Sikhs, christians are all realizing this and EVERYDAY you have a example of the communal hatred inside India

You cannot trade some economic development which you can do yourself for the freedom to be a free of a enemy like Hindus

 

[Muji.Iqbal]

Indian population is 1.4 billion and growing,, half their reason they have a big GDP is that
They are comparing themselves with countries with populations of 60-80 million

You can see the mass toxic hate amongst Indians

More then at any time in the last 75 years do Indian Muslims understand the need for a Pakistan of their own

Economy and politics goes up and down and at the moment our politics is awful and that's effecting the economy but at no point would you trade that to live alongside HINDUS

and Indian Muslims, Sikhs, christians are all realizing this and EVERYDAY you have a example of the communal hatred inside India

You cannot trade some economic development which you can do yourself for the freedom to be a free of a enemy like Hindus

Exactly these Indiots, think Kashmiri Muslims want to live with Hindus, lol.

Exactly the reason why Indian NOMINAL GDP is moderately high is because of their huge population of 1.42 billion people. LOL.

While Pakistan has a population of 250 million people.

After 4 wars against India and innumerable killed on both sides, Kashmiri have come to realize what is happening is not in their best interest. After seeing Pakistan isolated and in desperate economic crisis, they have been very vocal against Pakistani interference. They ask --Pakistan cannot take care of itself, how can it take care of us? They see the condition of Pak occup Kashmir and compare it Indian side. They see who is more honest and take care is practical terms.
Now let us hope Pakistan will reach a economic position soon to woo the hearts and minds of Kashmiri people. Otherwise it is a gone case.

Are you an idiot? How is Pakistan isolated?

The Gulf countries and China sees Pakistan favourably.

Only Russia has good relations with India you Indiot.

After 4 wars against India and innumerable killed on both sides, Kashmiri have come to realize what is happening is not in their best interest. After seeing Pakistan isolated and in desperate economic crisis, they have been very vocal against Pakistani interference. They ask --Pakistan cannot take care of itself, how can it take care of us? They see the condition of Pak occup Kashmir and compare it Indian side. They see who is more honest and take care is practical terms.
Now let us hope Pakistan will reach a economic position soon to woo the hearts and minds of Kashmiri people. Otherwise it is a gone case.

Muslims in Pakistani Kashmir are doing much better than Muslims in Indian Occupied Kashmir

 

[Kejo]

India should cross Germany and Japan in next 3 years as both Germany and Japan economies aren't doing so well relatively. Germany specially is in recession this year.

As if India is excelling! Large parts of India are basically interchangeable with Subsaharan Africa.

 

[my2cents]

haha, Now I am convinced we are enemies. Why would Kashmiris want to live under the Tyranny of Hindus.

Get lost Indian.

You don't have a valid reasons to counter and resort to bluster.

 

[Muji.Iqbal]

You don't have a valid reasons to counter and resort to bluster.

Ummm...Are you an idiot? Kashmiris mounted an insurrection in the late 1980's and early 1990s.
That proves Kashmiris do not like India.

Now shoo, before I call the mods to ban the Indiot you are.

 

[my2cents]

You idiot, the situation in Pakistan is not that bad. We have CPEC being built.

And Pakistan is nearly a $400 billion dollar economy with population of 250 million people. So Insh'Allah Pakistan is getting there.

As for India, You are super poor with a huge income inequality between the rich and the poor.

Hahaha don't even compare India with China or USA. You look like an idiot and is an insult to both China and USA the two super powers of our times.


Exactly, you think Kashmiri Muslims would want to live under a Hindu majority, lol.

When the Kashmiri Muslims know that Kashmir is disputed territory according to the United Nations.

You are a Pakidiot who does not know where Pakistan is heading.

Pakistan is currently facing significant economic challenges that have resulted in a worsening economic situation. One of the major issues is a high inflation rate, which has led to a decrease in the purchasing power of the general population. The rising prices of essential commodities, such as food and fuel, have made it increasingly difficult for people to afford basic necessities. This has placed a heavy burden on the middle and lower-income groups, pushing many into poverty.
Another critical problem is the mounting external debt burden. Pakistan's debt has been steadily increasing over the years, and the country is struggling to manage its debt repayment obligations. The heavy reliance on external borrowing has put a strain on the country's foreign exchange reserves, making it vulnerable to external shocks and reducing its ability to invest in infrastructure development and social welfare programs. Additionally, the depreciation of the Pakistani rupee against major currencies has further added to the debt burden and increased the cost of imports, contributing to inflationary pressures.
Overall, these economic woes, including high inflation and a mounting external debt burden, have hampered Pakistan's economic growth, adversely affected the living standards of its people, and limited the government's ability to implement effective development strategies. Addressing these challenges requires comprehensive reforms in fiscal and monetary policies, as well as efforts to attract foreign investment and promote sustainable economic growth.

 

[GreatHanWarrior]

Oh. Congratulations. After robbing Xiaomi. India's GDP has finally increased.

 

[Muji.Iqbal]

You are a Pakidiot who does not know where Pakistan is heading.

Pakistan is currently facing significant economic challenges that have resulted in a worsening economic situation. One of the major issues is a high inflation rate, which has led to a decrease in the purchasing power of the general population. The rising prices of essential commodities, such as food and fuel, have made it increasingly difficult for people to afford basic necessities. This has placed a heavy burden on the middle and lower-income groups, pushing many into poverty.
Another critical problem is the mounting external debt burden. Pakistan's debt has been steadily increasing over the years, and the country is struggling to manage its debt repayment obligations. The heavy reliance on external borrowing has put a strain on the country's foreign exchange reserves, making it vulnerable to external shocks and reducing its ability to invest in infrastructure development and social welfare programs. Additionally, the depreciation of the Pakistani rupee against major currencies has further added to the debt burden and increased the cost of imports, contributing to inflationary pressures.
Overall, these economic woes, including high inflation and a mounting external debt burden, have hampered Pakistan's economic growth, adversely affected the living standards of its people, and limited the government's ability to implement effective development strategies. Addressing these challenges requires comprehensive reforms in fiscal and monetary policies, as well as efforts to attract foreign investment and promote sustainable economic growth.

Are you an idiot? Pakistan is getting better by the year. You just want to badmouth Pakistan, you moron.

Pakistan will do great with CPEC.

Go worry about your slumdog shit country called India.

You are a Pakidiot who does not know where Pakistan is heading.

Pakistan is currently facing significant economic challenges that have resulted in a worsening economic situation. One of the major issues is a high inflation rate, which has led to a decrease in the purchasing power of the general population. The rising prices of essential commodities, such as food and fuel, have made it increasingly difficult for people to afford basic necessities. This has placed a heavy burden on the middle and lower-income groups, pushing many into poverty.
Another critical problem is the mounting external debt burden. Pakistan's debt has been steadily increasing over the years, and the country is struggling to manage its debt repayment obligations. The heavy reliance on external borrowing has put a strain on the country's foreign exchange reserves, making it vulnerable to external shocks and reducing its ability to invest in infrastructure development and social welfare programs. Additionally, the depreciation of the Pakistani rupee against major currencies has further added to the debt burden and increased the cost of imports, contributing to inflationary pressures.
Overall, these economic woes, including high inflation and a mounting external debt burden, have hampered Pakistan's economic growth, adversely affected the living standards of its people, and limited the government's ability to implement effective development strategies. Addressing these challenges requires comprehensive reforms in fiscal and monetary policies, as well as efforts to attract foreign investment and promote sustainable economic growth.

Stop writing shit, you don't know anything about Pakistan except from reading tabloids from the internet you idiot.

@waz take care of this indiot. @my2cents
What retard this Indiot is, coming to a Pakistani forum to badmouth Pakistan and Pakistanis.

You are a Pakidiot who does not know where Pakistan is heading.

Pakistan is currently facing significant economic challenges that have resulted in a worsening economic situation. One of the major issues is a high inflation rate, which has led to a decrease in the purchasing power of the general population. The rising prices of essential commodities, such as food and fuel, have made it increasingly difficult for people to afford basic necessities. This has placed a heavy burden on the middle and lower-income groups, pushing many into poverty.
Another critical problem is the mounting external debt burden. Pakistan's debt has been steadily increasing over the years, and the country is struggling to manage its debt repayment obligations. The heavy reliance on external borrowing has put a strain on the country's foreign exchange reserves, making it vulnerable to external shocks and reducing its ability to invest in infrastructure development and social welfare programs. Additionally, the depreciation of the Pakistani rupee against major currencies has further added to the debt burden and increased the cost of imports, contributing to inflationary pressures.
Overall, these economic woes, including high inflation and a mounting external debt burden, have hampered Pakistan's economic growth, adversely affected the living standards of its people, and limited the government's ability to implement effective development strategies. Addressing these challenges requires comprehensive reforms in fiscal and monetary policies, as well as efforts to attract foreign investment and promote sustainable economic growth.

@waz
@LeGenD
@The Eagle

Why do you allow Indiots to badmouth Pakistan and Pakistanis on our own Pakistani forums?

Ban this Indian Indiot please!

 

[khansaheeb]

View attachment 934009
India's Gross Domestic Product (GDP) has reached $3.75 trillion in 2023, from around $2 trillion in 2014, said Union finance minister Nirmala Sitharaman on Monday.

The finance minister called India a 'bright spot' in the global economy, highlighting its position as the fifth largest economy. Last year, India had surpassed the UK to become the world's fifth-largest economy and is now behind only the US, China, Japan and Germany, as per the IMF projections. A decade back, India was ranked 11th among the large economies.

Recently, a stronger-than-expected fourth quarter lifted India's growth to 7.2 per cent in FY23, exceeding the 7 per cent cited in the second advance estimates released in February, underscoring the country's economic resilience in the face of multiple challenges.

https://twitter.com/x/status/1668105883325435904

As per the provisional estimates released by the National Statistical Office (NSO) recently, real GDP growth for 2022-23 stood at 7.2 per cent, higher than the 7 per cent projected earlier.

The gross domestic product (GDP) rose 6.1 per cent in the March quarter from a year earlier, accelerating sequentially as well from the upwardly revised 4.5 per cent in the preceding quarter, government data showed. An ET poll of 20 economists had earlier estimated 5.1 per cent median growth in the fourth quarter.

Recently, Chief Economic Advisor Dr V Anantha Nageswaran lauded the estimated 7.2 per cent real GDP growth in 2022-23 and expressed confidence that when the final numbers for the fiscal are frozen in early 2026, the growth will be higher.

Speaking at an event organised by the Bharat Chamber of Commerce, Nageswaran said 7.2 per cent GDP growth is "heartening achievement for the government and economy".

"It is efforts of people like you more than the government that gave us 7.2 per cent real GDP growth in FY 23 following the 9.1 per cent in FY 22," ANI quoted him as saying.

Nageswaran said India's GDP growth estimates are presented six times and "the final estimate for FY 23 will actually be with us in January-February 2026. And my expectation and belief is that when the final number for FY23 is frozen in February 2026, the number will be more than 7.2 per cent.

Nageswaran said this is the first reliable estimate of GDP growth and "as more and more data become available, further revision will be for upside from 7.2 per cent."

Meanwhile, Moody's on Sunday said the Indian economy is expected to clock a 6-6.3 per cent growth in June quarter, and flagged risks of fiscal slippage arising from weaker-than-expected government revenues in the current fiscal.

The growth estimate released by Moody's is lower than the 8 per cent projection for the first quarter made by the Reserve Bank of India (RBI) last week.

In an interview with PTI, Moody's Investors Service Associate Managing Director Gene Fang said India has a relatively high level of general government debt at around 81.8 per cent of GDP for 2022-23, and low debt affordability.

"We expect India's growth to come in around 6-6.3 per cent in the first quarter of the current fiscal year, which remains relatively flat from the 6.1 per cent recorded in the final quarter of fiscal 2022-23," PTI quoted Fang as saying

India's GDP swells to $3.75 trillion as it topples other biggies

The finance minister called India a 'bright spot' in the global economy, highlighting its position as the fifth largest economy. Last year, India had surpassed the UK to become the world's fifth-largest economy last year and is now behind only the US, China, Japan and Germany, as per the IMF...

www.google.com

That's $312/person annually, quite an achievement for Indians.

 

[Muji.Iqbal]

Pakistan is improving day by day.

You are a Pakidiot who does not know where Pakistan is heading.

Pakistan is currently facing significant economic challenges that have resulted in a worsening economic situation. One of the major issues is a high inflation rate, which has led to a decrease in the purchasing power of the general population. The rising prices of essential commodities, such as food and fuel, have made it increasingly difficult for people to afford basic necessities. This has placed a heavy burden on the middle and lower-income groups, pushing many into poverty.
Another critical problem is the mounting external debt burden. Pakistan's debt has been steadily increasing over the years, and the country is struggling to manage its debt repayment obligations. The heavy reliance on external borrowing has put a strain on the country's foreign exchange reserves, making it vulnerable to external shocks and reducing its ability to invest in infrastructure development and social welfare programs. Additionally, the depreciation of the Pakistani rupee against major currencies has further added to the debt burden and increased the cost of imports, contributing to inflationary pressures.
Overall, these economic woes, including high inflation and a mounting external debt burden, have hampered Pakistan's economic growth, adversely affected the living standards of its people, and limited the government's ability to implement effective development strategies. Addressing these challenges requires comprehensive reforms in fiscal and monetary policies, as well as efforts to attract foreign investment and promote sustainable economic growth.

Hey bloody Indiot, what are you doing on a Pakistani forum?

 

[CallSignMaverick]

That we will do in 25, 24 not possible!!

Nope, in 2025 it would be around $4.7 trillion.
In 2023 GDP is expected to touch ₹310 Trillion i.e. around $3.75 trillion
In 2024 it will be ₹350 trillion ($4.3 trillion as per current exchange rate) and in 2025 it would touch ₹395 trillion ($4.8 trillion as per current exchange rate).

Nominal growth assumed at around 12-13% which is normal, India has been growing at this pace for past 20 years, and these are my conservative estimates, it could be on the higher side.

that will not make us rich...we need to grow faster than other fast growing economies...they are developed nations and no growth or low growth can still keep them rich and much more prosperous than us for next 50 years....we need two digit growth to eradicate the poverty

Nah things don't work that way, if you're a developed economy with high inflation, low GDP growth, that won't necessarily mean anything good. Yes people would be having much more assets which they acquired over time compared to a developing nation's citizen but incomes would get badly squeezed.

we need two digit growth to eradicate the poverty

True, but at current situation worldwide, our growth is highly impressive.

The growth level is going down from 8.7 percent in 2021, 7.2 % in 2022, and now in the first quarter of 2023 is at 6.1 percent, 2024 is likely around 5 percent

Do you guys think that it is likely due to your 2020 minus 8 percent growth as the low base effect?

Indonesia only has minus 2 percent growth during 2020, so we have 3.7 percent growth in 2021 and 5.3 percent growth in 2022. Beginning of 2023 we have 5.01 percent growth.

If you calculate average growth from 2020-2022, you will see Indonesia and Indian growth rate is not really too different.

We will see about 1 years from now whether me or Indian economist who will be true in prediction.

That is not the 1st quarter, thats the last quarter of previous year.

 

[khansaheeb]

You are a Pakidiot who does not know where Pakistan is heading.

Pakistan is currently facing significant economic challenges that have resulted in a worsening economic situation. One of the major issues is a high inflation rate, which has led to a decrease in the purchasing power of the general population. The rising prices of essential commodities, such as food and fuel, have made it increasingly difficult for people to afford basic necessities. This has placed a heavy burden on the middle and lower-income groups, pushing many into poverty.
Another critical problem is the mounting external debt burden. Pakistan's debt has been steadily increasing over the years, and the country is struggling to manage its debt repayment obligations. The heavy reliance on external borrowing has put a strain on the country's foreign exchange reserves, making it vulnerable to external shocks and reducing its ability to invest in infrastructure development and social welfare programs. Additionally, the depreciation of the Pakistani rupee against major currencies has further added to the debt burden and increased the cost of imports, contributing to inflationary pressures.
Overall, these economic woes, including high inflation and a mounting external debt burden, have hampered Pakistan's economic growth, adversely affected the living standards of its people, and limited the government's ability to implement effective development strategies. Addressing these challenges requires comprehensive reforms in fiscal and monetary policies, as well as efforts to attract foreign investment and promote sustainable economic growth.

OK Indibum, when has Pakistan been in so called "economic crisis"? We will continue to live our honourable lives with integrity and dignity, inshallah. At least we haven't fallen to the depths of taking the p!ss or porning our women like the Indians.