NCAER lowers India GDP growth forecast to 5% in 2014-15

[SrNair]

Exactly. India never existed. Except during the Islamic regimes and the British rule.
Source: Pakistan Studies.

***

You shouldnt argue with think tank.He already explained how an 1.8 trillion in 2011 shrinked in to 2.1 trillion economy in 2014.

 

[Chinese-Dragon]

You shouldnt argue with think tank.He already explained how an 1.8 trillion in 2011 shrinked in to 2.1 trillion economy in 2014.

Indians don't seem to realize that 2014 is not over yet.

So (obviously) the data for the year 2014 is not even out yet. It sounds simple, but the Indians here don't seem to understand it.

The latest annual data we have is from 2013.

 

[Nova2]

2014 data is not out yet, since 2014 is not over yet.

The latest annual data is from 2013, as I mentioned previously.

And as per the latest actual data, India's economy in 2013 (the latest available year) was lower than India's economy in 2011.

It had shrank in the year 2012 because of rupee downfall ,NOT i 2013, it has increased in 2013 even though its still below 2011 but is now close to $2trillion mark.
India Set to Become $2 Trillion Economy This Year: IMF - NDTVProfit.com

 

[SrNair]

Indians don't seem to realize that 2014 is not over yet.

So (obviously) the data is not even out yet.

The latest annual data we have is from 2013.

Ya you are right .By the end of 2014 Indian economy will again shrinked into 2.12 trillion

 

[SarthakGanguly]

Indians don't seem to realize that 2014 is not over yet.

May be, just may be we like to think ahead. In any case the data is all there and considering that we are in the mid November, the estimates upto now will be reflected in the annual report as well. Unless someone nukes us that is.

 

[Nova2]

May be, just may be we like to think ahead. In any case the data is all there and considering that we are in the mid November, the estimates upto now will be reflected in the annual report as well. Unless someone nukes us that is.

Lol,yeah IMF had said that India is set to become a $2trill economy,hence by now adding 2trillion the rest of $47billion would be added in 4Q setting up the economy at $2.047trill ,which is what IMF has predicted.

 

[Chinese-Dragon]

May be, just may be we like to think ahead. In any case the data is all there and considering that we are in the mid November, the estimates upto now will be reflected in the annual report as well. Unless someone nukes us that is.

It will be well into 2015, before the IMF releases the annual data for 2014.

That's how it's always been. That's why when taking about the "latest annual data" we're always talking about last year.

Since of course, the year has to be over... before any annual data can be released.

That's why I say China is a $9.3 trillion economy (2013 data), not a $10.4 trillion economy (2014 estimate).

Since the latter is not really a fact, it is a future estimate.

 

[Nova2]

Ya you are right .By the end of 2014 Indian economy will again shrinked into 2.12 trillion

Lol
BTW, You have completed one year of stay on PDF congrats ,you must be proud

 

[Pichkari]

It will be well into 2015, before the IMF releases the annual data for 2014.

That's how it's always been. That's why when taking about the "latest annual data" we're always talking about last year.

Since of course, the year has to be over... before any annual data can be released.

That's why I say China is a $9.3 trillion economy (2013 data), not a $10.4 trillion economy (2014 estimate).

Since the latter is not really a fact, it is a future estimate.

Countries deal in fiscal years.
Thats from april to april for india.

 

[Chinese-Dragon]

Countries deal in fiscal years.
Thats from april to april for india.

IMF rankings make it easier to compare when countries have different fiscal years.

 

[Pichkari]

IMF rankings make it easier to compare when countries have different fiscal years.

Yes,as far as i know the imf data released is from april to april.
Hence the data for 2014 .

 

[Chinese-Dragon]

Yes,as far as i know the imf data released is from april to april.
Hence the data for 2014 .

LOL no.

The latest IMF data is from 2013:

List of countries by GDP (nominal) - Wikipedia, the free encyclopedia

 

[SouthDesi]

Ya you are right .By the end of 2014 Indian economy will again shrinked into 2.12 trillion

In Chinese Islam the growth rate will be measured in other-way i guess.

 

[Pichkari]

LOL no.

The latest IMF data is from 2013:

List of countries by GDP (nominal) - Wikipedia, the free encyclopedia

Yes the 2014 figure is an estimate based on a report released in October his year.

Since no actual data is available one cannot simply assume that economy is currently shinking.

 

[Chinese-Dragon]

Yes the 2014 figure is an estimate based on a report released in October his year.

Since no actual data is available one cannot simply assume that economy is currently shinking.

"As of the latest annual data".