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Well since we are a poor country I would prefer that the resources are used in India itself rather than a foreign country specially in a area where we are self sufficient
we are not poor country but we have poor people ,get the difference ? (If you have 2.3 trillion gdp your not poor country)
On percapita basis we are poor
in dollar terms which calculated on world standard but if you want to look on intra country economy then ppp basis is more correct due to "cost of living index" where india is the cheapest country to live.
Nominal GDP is to project country economy not the people assets and their daily lifestyle.
That's a quite respectful argument but mocking India as poor then say we don't need to invest stuff is sinister.What I mean is that other sectors also need a lot of money so we better make it sure that we get the bang for the buck
That's a quite respectful argument but mocking India as poor then say we don't need to invest stuff is sinister.
I am no one to doubt anyone nationalism i just read and reply. Just don't repeat western media catchphrase .I am a hard core nationalist dude trust me whatever I say or do is for the betterment of our great nation
By that you mean one of the most Affordable or Inexpensive country to live in...in dollar terms which calculated on world standard but if you want to look on intra country economy then ppp basis is more correct due to "cost of living index" where india is the cheapest country to live.
Nominal GDP is to project country economy not the people assets and their daily lifestyle.
yes sir that's what i mean and here is the some data to testify it.By that you mean one of the most Affordable or Inexpensive country to live in...