India's Govt macro data not reliable, says RBI

[Psyops]

India do not inflate in huge percentage ..... Simple as that.

Pretty much all of India's growth since 1991 have been lies. India has no middle class yet we are supposed to believe that India has grown 8% for 20 years. No evidence of it.

 

[Hellraiser007]

Pretty much all of India's growth since 1991 have been lies. India has no middle class yet we are supposed to believe that India has grown 8% for 20 years. No evidence of it.

You seemed to be shocked to when you came to senses about real GDP growth of China in the last 2 or 3 decades. And you will be surprised to know that the real GDP of India is undervalued .....

 

[Psyops]

not above china.

2010 New Delhi Commonwealth games FARCE vs 2008 Beijing Olympics.

Your country is so corrupt that you humiliated yourself with a puny commonwealth games. Shameful hosting by India.

 

[Truth Finder]

You seemed to be shocked to when you came to senses about real GDP growth of China in the last 2 or 3 decades. And you will be surprised to know that the real GDP of India is undervalued .....

Yes. Credit Swiss confirmed this a few days ago.

 

[Psyops]

You seemed to be shocked to when you came to senses about real GDP growth of China in the last 2 or 3 decades. And you will be surprised to know that the real GDP of India is undervalued .....

Global investors have found out that Indian growth story has been a facade and they are pulling their money out. That's why the Rupee has collapsed. Indian growth story is finished. Too much corruption in India for it to ever come back.

 

[Hellraiser007]

Global investors have found out that Indian growth story has been a facade and they are pulling their money out. That's why the Rupee has collapsed. Indian growth story is finished. Too much corruption in India for it to ever come back.

Surprisingly India will out do most of its competitors this decade and undervaluing currency has its own advantages. Corruption and Bo Xilai and lot of hidden sharks in CCP .....

It is far easy to do corruption and get away in an authoritarian regime like CCP, It is also far easy for countries like USA to manipulate a bunch of odd 200 CCP guys, than in democracy.

Latest news is China went to USA for talks .... Don't know what concessions CCP is giving to USA and the timing of the GDP data coincides with this.

May be after the talks with USA Chinese CCP will be a reformed one and stops bullying stupidly, just like a guy who came out of reformation camp.

 

[beijingwalker]

in February 2010, the advance estimate for GDP growth for 2009-10 was pegged at 6.8%. Three months later, this was revised to 7.7% while in February 2011, the quick estimates pegged it at 9.1%-a change of over 40% within a year. "

Indian stats are like crazy..

 

[kena]

Global investors have found out that Indian growth story has been a facade and they are pulling their money out. That's why the Rupee has collapsed. Indian growth story is finished. Too much corruption in India for it to ever come back.

Chinese are far more corrupt. It is axiomatic that a closed society without checks and balances is far more corrupt as absolute power corrupts absolutely. Are your CCP leaders godlike people?

The only difference is that in an extremely open society like India with a very free press, even small instances of corruption are publicized and hotly discussed making it appear that corruption is very rampant. The Indians are also very introspective people and given to extreme self criticism. While in China the poor sods dont know a thing and can only whisper - and that too not too loud.

 

[beijingwalker]

Chinese are far more corrupt..

please check the global corruption index country list

 

[beijingwalker]

Indians are feeling so good about themselves yet the world thinks differently..

 

[kena]

please check the global corruption index country list

Yes. Yes. India is at 36 and China is soooooo... High at 39.

 

[beijingwalker]

Yes. Yes. India is at 36 and China is soooooo... High at 39. Please remember

yes,I remember,correct me if I m wrong,but I remember that you claimed China is far more corrupt than India.

 

[beijingwalker]

in February 2010, the advance estimate for GDP growth for 2009-10 was pegged at 6.8%. Three months later, this was revised to 7.7% while in February 2011, the quick estimates pegged it at 9.1%-a change of over 40% within a year.

You've got to be really bold and shameless to fake something this big.

 

[fast]

A large percentage of Indian officials are criminals. Faking some data has no consequence on them.

One-third of Indian MPs face charges - The National

 

[beijingwalker]

Indians should do more work on improving the reliability on their statistics