Indian Economy: News and Discussion

[Haldilal]

What will we call such a person , Halde

Ya'll Nibbiars Aap ko ishara hei Kahfi hai.

 

[Love Charger]

Ya'll Nibbiars Aap ko ishara hei Kahfi hai.

I see it , Halde

 

[afako]

Ya'll Nibbiars Thats due to the early starte they got in the Single window clearance and FDI ease. While it only started from 2014 in Maharashtra at that poiny the difference was double. But fadnavis reduced it significantly. Or else Gujarat would have achieved this in 2017. If Fadnavis comes again then it would be differenct.

Recently heard the situation is not that great in Gujarat as it was previously. And Maharashtra has a flat growth for 15 years of UPA and MVA now. Maharashtra has the capacity and resources to bounce back and claim no. 1 position. Just need Fadnavis for 5 years.

 

[sauntheninja]

Recently heard the situation is not that great in Gujarat as it was previously. And Maharashtra has a flat growth for 15 years of UPA and MVA now. Maharashtra has the capacity and resources to bounce back and claim no. 1 position. Just need Fadnavis for 5 years.

It isn't all the new projects are stuck due to this virus and a lack of funds

 

[Haldilal]

Recently heard the situation is not that great in Gujarat as it was previously. And Maharashtra has a flat growth for 15 years of UPA and MVA now. Maharashtra has the capacity and resources to bounce back and claim no. 1 position. Just need Fadnavis for 5 years.

Ya'll Nibbiars yeah needs strong leadership.

Gujarat developed due to only Modi. And this is the archivement of only and only modi. Not Rupani as alreday discussed. We'll have to see how New Gujarat CM goes from here. But no one can take place of Modi that's for sure.

 

[Haldilal]

It isn't all the new projects are stuck due to this virus and a lack of funds

Ya'll Nibbiars if you are talking about rupani was a worst CM in recent times.

And if of Penguin we are having bad times.

 

[sauntheninja]

Recently heard the situation is not that great in Gujarat as it was previously. And Maharashtra has a flat growth for 15 years of UPA and MVA now. Maharashtra has the capacity and resources to bounce back and claim no. 1 position. Just need Fadnavis for 5 years.

Maharashtra is quite developed so it won't show high growth rates like poor states like Up or Bihar

 

[Haldilal]

Ya'll Nibbiars here the Tamil Nadu has the most balanced development in all the sectors and then Maharashtra. While Gujarat has more development in industrial sectors is totally lagging in service sections well Vegetrain is also a factor. While Karnataka is achieving the service sectors at higher scale is totally almost nothing like growth in Industrial sector due to water problems and also not increasing Industrial Land dues to this. And Telagana is sometimes Industrial and Some times service sectors development its dynamics there. And AP was developing well in all till the convertor happeneds.

 

[Haldilal]

Ya'll Nibbiars If you want to see Telaganas real development don't see the service sectors or the Industrial sector, or the Hyderabad or Vijayawada or even the hi-tech city or manufacturing development.

It's actually the water project all over the state that will really make one of the happiest state in India. They are investing in the water resources. It's the need of all sectors.

 

[Suryavanshi]

Altho there has been adopted mother treatment towards Eastern states since the inception of democratic India the major blame still lies in the politics of Bihar.

The damage that lalu yadav did between 1990 to 2005 is irreversible.

 

[Haldilal]

Altho there has been adopted mother treatment towards Eastern states since the inception of democratic India the major blame still lies in the politics of Bihar.

The damage that lalu yadav did between 1990 to 2005 is irreversible.

Ya'll needs direct BJP governance. Even Nitish has messed many Infrastructure projects in Patna and bihar. And I have a long list about it's.

 

[another_armchair]

Altho there has been adopted mother treatment towards Eastern states since the inception of democratic India the major blame still lies in the politics of Bihar.

The damage that lalu yadav did between 1990 to 2005 is irreversible.

The seeds of Bihar's ruin were sown by Jayaprakash Narayan.

Lalu Yadav simply fused JP's style of politics with his own and ran Bihar into the gutter.

The society can't shift the blame on politicians alone. If 3 decades later, RJD continues to play a pivotal role in Bihar politics, the blame lies with the people, not with the politician. Take Karnataka and AP for instance, two family run feudal parties have nearly vanished - TDP and JD(S).

 

[another_armchair]

Ya'll needs direct BJP governance. Even Nitish has messed many Infrastructure projects in Patna and bihar. And I have a long list about it's.

BJP will bring all around development but public hajam nahi kar payega... unko gareebi, bhukhmari aur free dole ki aadat pad gayi hai.

 

[sauntheninja]

BJP will bring all around development but public hajam nahi kar payega... unko gareebi, bhukhmari aur free dole ki aadat pad gayi hai.

Many of the states that are doing poorly are led by bjp

 

[Chandragupt Maurya]

Ya'll needs direct BJP governance. Even Nitish has messed many Infrastructure projects in Patna and bihar. And I have a long list about it's.

how come the economic growth of Bihar is so high in comparison to other states ?

 

[sauntheninja]

how come the economic growth of Bihar is so high in comparison to other states ?

Low base its been mentioned hundred times here

 

[Chandragupt Maurya]

Low base its been mentioned hundred times here

its not just low base effect because base of UP isnt high either but the economic growth is much slower than bihar

 

[another_armchair]

Many of the states that are doing poorly are led by bjp

Depends on where they stood when BJP came to power.

Compare present day Chattisgarh and MP to the MP of the 80s,90's.. or Jharkhand to the 80's, 90's when BJP was non existent... then it would make sense.

BJP brings about a sea change in infrastructure development - good roads - the lifeline of economic activity.

Had traveled quite a bit of offbeat Jharkhand between 2015 and 2019. The locals swear by the infrastructure development. That entire belt saw negligible development during India's double digit growth era.

 

[angryIndian]

Oh! The hypocrisy! Whenever overall macro trends are brought out you back off. Sri Lanka is stuck in a never ending middle income trap (on the extreme lower side). They will keep begging for food, fuel and medicine for the eternity. I simply cannot get folks fantasizing over them.

What Sri Lanka government does or what happens to Sri Lanka in future is a trivial issue.
The fact remains that depite Sri Lankas recent economic problems the standard of living of an
average SriLankan is far better than an average Indian.Sri Lanka is better than India in almost
all socioeconomic parameters and this is what matters to me,not how much debt their government has piled up and how indebted they are to the Chinese loansharks.

I do not really know what this strange phrase 'upto the mark' means when it comes to economic especially w.r.t. a young aspiring market economy.

The 'upto the mark' means that the next time when i travel to villages across the country i get to see people getting water from piped connection and not defecating and bathing near ponds.
They have access to clean water and not arsenic and heavy metal filled filthy ground water.
The next time i visit a village,i don't come across children dropping out of school before completing their matriculation and girls getting married in their early teens.
In Short India's economic performance should be equally matched by it's social performance which sadly has not been the case so far.

Also, creates more lower income group? Really? Man, please stop writing weird stuff. India has been one of the largest and fastest reducers of overall poverty in the entire history of mankind. And I can provide actual studies confirming it; unlike someone's personal experience.

It is well documented that india's economic growth over the past 30 years indeed has reduced poverty,
but those poor mostly don't transcend to middle class but to vulnerable low income group.

 

[Crazywithmath]

It's one of the biggest L we have recieved.

Not denying it.

Because Wetsern coasts is geographically closer to then booming oil industry and western and middle eastern market's, meanwhile there are poor south asian countries on eastern end.

That is true. Even the sea is deeper in the west coast. I am simply saltu because apparently the government of Bengal never ever took ports and port led development seriously. If they do not get their act together even the upcoming port at Tajpur will cede ground to the proposed ports in Odisha (do not recall the exact names; Tatas proposed to develop one).