Latest on Indian economy

[Kaniska]

The economic measure in question is GNI per capita.
https://www.investopedia.com/terms/g/gross-national-income-gni.asp

It is the income earned by all individuals and businesses divided by population of the nation.

Gross domestic product is value of ALL products and services produced by a nation.

@Minho Correct GDP per capita to GNI per capita. The report you linked to states GNI.

@mmr, what this means is that on an average, income of Indians are increasing faster than the economy growing (10% vs 6-7% or so). It could mean that indian labour market is correcting to underpayment of some individuals or businesses. From what I heard, Indians are the most underpaid employees in the world.

Remember folks. GDP per capita measures PRODUCTIVITY. GNI per capita measures PROSPERITY. They are two different thing and reflect two different ideas. Oh, to see a trend, always correct for inflation.


If you don't know something you have two options :

1. Keep quite and learn it.
2. Open your mouth and let the entire world know that you are ignorant.

You have remarkably taken the second option to its extreme. Show the world that you are ignorant and proud of it.

Thank you for explaining it.

What are you blabbering about?

Canada is the safest country for women.

And why the hell you skipping like a monkey from branch to branch? The thread is about Indian Economy, so stick to it. If you have some rape fantasies, go elsewhere.

Ignore them. We should feel a badge of honor when Pakistan posters criticize anyone who is not alligning with their mindset. That is expected in PDF.

 

[BringHarmony]

"Monkey" is not related to me - that your HANUMAN JI.

I have cut you down to size in reply to your posts.

As I had predicted, you have no shame, no morality.

You can have Canadian flags to show yourself on this forum, but as soon you open your mouth "your origin" shines through.​

What is Hanuman?

Lets see...

You are a 52 year old Pakistani immigrant to UK. Most likely arrived from Mirpur during that Dam construction. You most likely work in some grocery store or gas station. And you don't have enough education to comment on the topic in the thread. So get lost old fart!

 

[Dil Pakistan]

What is Hanuman?

Lets see...

You are a 52 year old Pakistani immigrant to UK. Most likely arrived from Mirpur during that Dam construction. You most likely work in some grocery store or gas station. And you don't have enough education to comment on the topic in the thread. So get lost old fart!

Once again, you open your mouth and out the come the words that your nation is known for: FILTH.

Yes! FILTH that is what you are.

When you know about me, who I am, and what I have achieved in life - you will be stunned.

Anyway, you have self proclaimed to be the Economic Wizard who knows how to calculate PER CAPITA INCOME (and my definition was wrong, in your opinion).
Why don't you tell me the right definition, so I can understand your literacy level.

 

[BringHarmony]

Once again, you open your mouth and out the come the words that your nation is known for: FILTH.

Yes! FILTH that is what you are.

When you know about me, who I am, and what I have achieved in life - you will be stunned.

Anyway, you have self proclaimed to be the Economic Wizard who knows how to calculate PER CAPITA INCOME (and my definition was wrong, in your opinion).
Why don't you tell me the right definition, so I can understand your literacy level.

The man who runs away when he is wrong can never achieve anything in life, so give it a rest old timer. Please comment on the topic of the thread. Peace out!

Anyway, you have self proclaimed to be the Economic Wizard who knows how to calculate PER CAPITA INCOME (and my definition was wrong, in your opinion).
Why don't you tell me the right definition, so I can understand your literacy level.

Did you read the investopedia article that I linked before?


https://www.investopedia.com/terms/g/gross-national-income-gni.asp

 

[Dil Pakistan]

The man who runs away when he is wrong can never achieve anything in life, so give it a rest old timer. Please comment on the topic of the thread. Peace out!

Mr Economist! why are you shying away from expressing your knowledge? The point where you started. Are you scared?

 

[POTTER]

REMEMBER, INDIA is ONE of THE POOREST COUNTRIES in the WORLD.

https://twitter.com/x/status/1209911812768063489

https://twitter.com/x/status/1209836195049594881

 

[Dil Pakistan]

The man who runs away when he is wrong can never achieve anything in life, so give it a rest old timer. Please comment on the topic of the thread. Peace out!


Did you read the investopedia article that I linked before?


https://www.investopedia.com/terms/g/gross-national-income-gni.asp

What a GENIUS

So, you think GROSS NATIONAL INCOME and PER CAPITA INCOME are the same ???

You GENIUS, just look at your post again.

 

[BringHarmony]

Mr Economist! why are you shying away from expressing your knowledge? The point where you started. Are you scared?

Did you read the investopedia article that I linked before?


https://www.investopedia.com/terms/g/gross-national-income-gni.asp

What a GENIUS

So, you think GROSS NATIONAL INCOME and PER CAPITA INCOME are the same ???

You GENIUS, just look at your post again.

Yes my dear, it is, GNI Per Capita is Per Capita income.
https://www.investopedia.com/terms/i/income-per-capita.asp

Per capita income is a measure of the amount of money earned per person in a nation or geographic region. Per capita income can be used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population. Per capita income for a nation is calculated by dividing the country's national income by its population.

 

[Dil Pakistan]

Did you read the investopedia article that I linked before?


https://www.investopedia.com/terms/g/gross-national-income-gni.asp


Yes my dear, it is, GNI Per Capita is Per Capita income.
https://www.investopedia.com/terms/i/income-per-capita.asp

NOW! this is what is the definition of "jumping like a monkey" - you have lived as per your traits (you may pretend you don't know "who Hanumaan is", but your traits don't let you hide for long).

Now! go and read your posts and see how you have changed your position as the posts have gone on - this is called jumping like a monkey.

 

[BringHarmony]

NOW! this is what is the definition of "jumping like a monkey" - you have lived as per your traits (you may pretend you don't know "who Hanumaan is", but your traits don't let you hide for long).

Now! go and read your posts and see how you have changed your position as the posts have gone on - this is called jumping like a monkey.

Sigh! Did you follow the thread?

The original doubt was this :

That dont make sense. How come if population increases by 1 percent and economy grow by 6 percent then per capita should increase by 5 percent. Care to explain how it increases by 10 percent?

Folks were confusing GNI (per capita) with GDP (per capita). I merely corrected them. This is the reason that @mmr understood it but you didn't.

 

[mmr]

Sigh! Did you followed the thread?

The original doubt was this :


Folks were confusing GNI (per capita) with GDP (per capita). I merely corrected them. This is the reason that @mmr understood it but you didn't.

It was very helpful. Thank you.

 

[BringHarmony]

It was very helpful. Thank you.

Welcome pal!

 

[Dil Pakistan]

Sigh! Did you followed the thread?

The original doubt was this :


Folks were confusing GNI (per capita) with GDP (per capita). I merely corrected them. This is the reason that @mmr understood it but you didn't.

You need to go back to your first post and look at the tone + the language + the words you used ---- and then used the same tone and language again and again......this use of "vocabulary" and the "approach" led to the posts further down the road.

You need to understand how to behave and do not consider the other person "an ***", "a shopkeeper (nothing wrong with that anyway)", an "average store worker".

The truth is that the shameless behaviour you have shown is not reflective of a educated personality.

I had to cut you down to size, and bring you to play on my pitch - which I succeeded (you have become exasperated).

I just wanted to teach you a lesson.

 

[letsrock]

Increased by 10% in the monkey change called indian rupee which depreciates by 10 percent every year aggainst dollar and inflates 3% (according to their govt where the left hand doesnt know the right) every year.