India’s growth already starting to sag

[grey boy 2]

You have mastered writing phrases in English. Next learn to write sentences. Then may be just may be talk about IQ on an English speaking forum.

Lastly, IQ is overrated - marginal growth in prosperity has very low correlation with IQ. If IQ were a hard predictor of prosperity, Japan would haven been kicking China's posteriors in 90s when your average IQ was 85.

Typical Indian loser mentality, whenever running out of answers in any argument, last resort as always="YOUR ENGLISH SUCK" well not too many people had the luxury of hundreds yrs of English lessons from your EX white slave master
Take this ahchai, keep up your day dreaming of catching up China, dream on cos its free

 

[AndrewJin]

Nobody in India believes that nonsense anymore. The country has added data from so many industries today that were not calculated before, and in some cases it didn't exist at all, for example the electronics industry.

The fact is indirect tax revenues are up by 30% this year.
http://www.dnaindia.com/money/report-indirect-tax-collections-up-30-to-rs-271-lakh-cr-2243293

And up by the same number last year also, 31.1%.
http://timesofindia.indiatimes.com/...get-by-Rs-5000-crore/articleshow/51718111.cms

Anybody can understand what those numbers mean.

Lot of people, especially foreigners, forget that there are always vested interests in India ready to undermine the ruling party at a moment's notice.



The committee was setup to make data generation and calculation much more efficient than it is today, which is pretty normal. Don't get carried away by headlines.



Nothing special. Companies are selling excess capacity built earlier.

Look at Ireland and US. Those GDP figures are impressive, but look at their IIP, worse than India's.

Ridiculous excuse.....
Like other companies are not selling excessive products in the warehouse....
America's industry is shrinking, their GDP growth is not mainly from manufacturing....
How is the shining make in india?
R u implying india has the same dilemma as US?

 

[Bad Guy]

What's your point man?

 

[ohmrlobalobayeh]

What's your point man?

My point is what u can read for urself

 

[grey boy 2]

I guess I touched a raw nerve over there with English right? Proof of the narrow nationalism

Irrelevant graph. Read my lips! PAST PERFORMANCE IS NOT A GUARANTEE FOR FUTURE. Your stupid graph only shows, in past, when China was having a certain socio-economic indicator compared to present index of India. It is NOT a indicator of how long India will take to reach there. Especially it discounts two things - positively, progress in science / technology world over AND negatively, any tail-event/black swan which may drag China to its knees. Events like a nuclear war with USA or major economic sanctions or a market crash. So do not be so sure, a wise man called Solon once said, happiest are those who are dead because they are very certain.

Cool story bro, i believe you

 

[grey boy 2]

Yeah you can 'certainry berieve'. So rong mr wong!

Are you OK? bro, are you posting in Indish? wait, let me push the "button" of my translator.....
oh no, you little racist

 

[Stephen Cohen]

This year growth will be 7.5 percent ; that is quite good actually

 

[randomradio]

Ridiculous excuse.....
Like other companies are not selling excessive products in the warehouse....
America's industry is shrinking, their GDP growth is not mainly from manufacturing....
How is the shining make in india?
R u implying india has the same dilemma as US?

Yes, Indian and US economies are very similar. Manufacturing is less than 20% of our GDP. Most of our actual growth comes from services, just like in the US. India's economy is also dependent on domestic consumption, just like the US. All of this stuff is basic.

 

[Bad Guy]

My point is what u can read for urself

But to which of my post you responded with your troll was completely unrelated. I was putting info about a little stats and a tax bill to be passed in Parliament.

Who gave you this image my friend or posting 2010s data will sail your boats in 2016? Half of them were even flawed.
Just updating few figures:
Adult Literacy Rate:
your stats:
China: 94%
India: 63%

Updated:
China: 99.7%
http://stats.uis.unesco.org/unesco/...?ReportId=121&IF_Language=eng&BR_Country=1560
India: 90.2%
http://www.uis.unesco.org/DataCentre/Pages/country-profile.aspx?code=IND&regioncode=40535



Internet Penetration:
As per your figure:
China: 32%
India: 9%

As per updated:
China: 52.2%
http://www.internetlivestats.com/internet-users/china/
India: 34.8%
http://www.internetlivestats.com/internet-users/india/
Though, it grew from 12% to 32% in just last 4 years. Currently, must be standing around 38-39% or somewhere near 500 millions in numbers in India.

In 2014, India's HDI in 2014 was 0.586 against China's 0.719. In 2015, India stood at 0.609 meanwhile China at 0.727. India has higher GDP per capita growth than China also now.

Even for accuracy of rest of your statistics, I hope you know how to use internet and websites of WB, IMF and UNSECO.
Simply, a lot have been caught up, a lot more will done soon.

 

[Hassan Guy]

India is only in second gear it has not yet hit the 5th gear !

Liking the chinese anxiety about India catching up with China !

 

[Deepika Maheshwari]

Not

But to which of my post you responded with your troll was completely unrelated. I was putting info about a little stats and a tax bill to be passed in Parliament.


Who gave you this image my friend or posting 2010s data will sail your boats in 2016? Half of them were even flawed.
Just updating few figures:
Adult Literacy Rate:
your stats:
China: 94%
India: 63%

Updated:
China: 99.7%
http://stats.uis.unesco.org/unesco/...?ReportId=121&IF_Language=eng&BR_Country=1560
India: 90.2%
http://www.uis.unesco.org/DataCentre/Pages/country-profile.aspx?code=IND&regioncode=40535



Internet Penetration:
As per your figure:
China: 32%
India: 9%

As per updated:
China: 52.2%
http://www.internetlivestats.com/internet-users/china/
India: 34.8%
http://www.internetlivestats.com/internet-users/india/
Though, it grew from 12% to 32% in just last 4 years. Currently, must be standing around 38-39% or somewhere near 500 millions in numbers in India.

In 2014, India's HDI in 2014 was 0.586 against China's 0.719. In 2015, India stood at 0.609 meanwhile China at 0.727. India has higher GDP per capita growth than China also now.

Even for accuracy of rest of your statistics, I hope you know how to use internet and websites of WB, IMF and UNSECO.
Simply, a lot have been caught up, a lot more will done soon.

Not to rain down on your parade but, when did India's Literacy rate become 90.2%? It is more like 74ish.

 

[Dungeness]

Yes, Indian and US economies are very similar. Manufacturing is less than 20% of our GDP. Most of our actual growth comes from services, just like in the US. India's economy is also dependent on domestic consumption, just like the US. All of this stuff is basic.

 

[Bad Guy]

View attachment 348594

How about your country?

Not


Not to rain down on your parade but, when did India's Literacy rate become 90.2%? It is more like 74ish.

My bad, it's not adult literacy rate.
It's Youth Literacy Rate. 90% youth literacy rate of India is not very surprising, except Pakistan and Afghanistan, all Subcontinental countries are almost near this level.

I just hope that you read rest of that post because it's said mechanisms of economy. Consumption driven growth. We never said we are there in socio economic development indicators.

 

[Nilgiri]

http://scroll.in/article/820194/a-s...ollow-but-india-has-the-edge-in-the-long-term

A useful story in the context of this thread.It makes valid points & is farely balanced in its outlook.

Thing is we need to really focus on improving the state of our education and skilling. Modi and his team is doing a lot better than previous administrations in realising this and making it a major program....but I will need to wait till his current term is completed to put a judgement call on the effect (when the data comes back from say primary, secondary schooling quality + vocational training centre output). This will then have to work in concert with the demand pull that will start to really be generated from this year onwards looking at the raw data of this quarter so far on the back of monsoon push and better utilisation of capacities that have been generated in earlier part of his term.

 

[Dungeness]

Thing is we need to really focus on improving the state of our education and skilling. Modi and his team is doing a lot better than previous administrations in realising this and making it a major program....but I will need to wait till his current term is completed to put a judgement call on the effect (when the data comes back from say primary, secondary schooling quality + vocational training centre output). This will then have to work in concert with the demand pull that will start to really be generated from this year onwards looking at the raw data of this quarter so far on the back of monsoon push and better utilisation of capacities that have been generated in earlier part of his term.

The current administration has many windows dressing schemes, but lack a grand strategy that addresses more fundamental issue that India is facing. I have not seen Modi gov pours money into education, and you are still buying expensive foreign weapons like no tomorrow.