Indian Economy: News and Discussion

[Haldilal]

2040, by 2050 we maybe 20k.

Ya'll Nibbiars again stop writing novels.

 

[FalconSlayers]

Well the definition of becoming a developed country is around the 20k range china is currenlty at 10k after 20 years of near double digit growth and nowhere near the 20k mark

China is 12.5k and will become developed by 2030.

 

[Haldilal]

It's a pure government shitfuckery- a legalised robbery in the name of AGR dues and it has affected everyone including the consumers- price hike within the last year itself. And it's also an indicator of what happens when you hound your bureaucrats in the name of botched up audits and thru CBI/IT/ED raids- Telecom department developed cold feet after 2G scam arrests.
Thanks to the higher level of consolidation and deep pockets of Jio and Airtel from their other businesses that they could survive- otherwise we would have been witnessing bloodbath the telecom companies and employment in that sector if the market were as fragmented as earlier-hutch, tata telecom, idea, Airtel, reliance telecommunication etc. Otherwise, it's a pure tax terrorism

Ya'll Nibbiars

 

[Haldilal]

China is 12.5k and will become developed by 2030.

Ya'll Nibbiars thats depend on the definition and there is no generally accepted definitions for a developed economy current many takes the 30,000 dollars per capita as the entry to the fully developed economy. And may be by 2030 it could be 36,000 dollars who knows. I don't think in 2030 The mleecahs would be considered a fully developed economy by that definitions.

 

[sauntheninja]

Ya'll Nibbiars thats depend on the definition and there is no generally accepted definitions for a developed economy current many takes the 30,000 dollars per capita as the entry to the fully developed economy. And may be by 2030 it could be 36,000 dollars who knows. I don't think in 2030 The mleecahs can be considered a fully developed economy by that definitions.

By 2030 will we reach 10K?

 

[Haldilal]

By 2030 will we reach 10K?

Ya'll Nibbiars hard only if we hit double digit growth them its even achievable one or two years ahead but going by the current mess it's hard.

 

[FalconSlayers]

By 2030 will we reach 10K?

Nope, not even close, I feel we’ll be at 7k.

 

[Haldilal]

Nope, not even close, I feel we’ll be at 7k.

Ya'll Nibbiars again could we all stop writing novels?.

 

[Covfefe]

Ya'll Nibbiars

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This government has really been a failure on this front- couldn't stop the telecom bloodbath even while Birla and Bharti Mittal kept pleading. Same with Cairn energy retrospective tax- jabtak joota nahi pada sir pe they didn't do anything
They talk all ease of doing business- but don't even take up these high voltage issues

 

[sauntheninja]

Ya'll Nibbiars again could we all stop writing novels?.

By 2030 doubling our per capita income a more realistic target so 4k?

 

[Haldilal]

This government has really been a failure on this front- couldn't stop the telecom bloodbath even while Birla and Bharti Mittal kept pleading. Same with Cairn energy retrospective tax- jabtak joota nahi pada sir pe they didn't do anything
They talk all ease of doing business- but don't even take up these high voltage issues

Ya'll Nibbiars The GOI has failed on many fronts aab Kisha kiska hisaab likhoge?. Miti dalo and learns from the past mistakes buy again we are to much expecting from the GOI.

 

[Haldilal]

By 2030 doubling our per capita income a more realistic target so 4k?

Ya'll Nibbiars even at slower rate beyond that is pretty achiables.

 

[FalconSlayers]

By 2030 doubling our per capita income a more realistic target so 4k?

I feel 6k is feasible.

 

[Haldilal]

Ya'll Nibbiars FalconSlayers Nibba is a victim of classic case of thing inwards thikings and not outwarsd. The external factors have reduced Eour growth many times and also the devaluation of the rupees. And can't ignore this factors.

 

[Haldilal]

I feel 6k is feasible.

Ya'll Nibbiars jab hoga tab hoga for now concentrate on the exports because that is our living in this weak domestic markets it will take few more months to rejunavte it fully.

And if you want to achieve that in 9 years need double digit growth every year. And even with that 5000 is most likely. The 6000 would be really stretchs.

 

[FalconSlayers]

Ya'll Nibbiars jab hoga tab hoga for now concentrate on the exports because that is our living in this weak domestic markets it will take few more months to rejunavte it fully.

And if you want to achieve that in 9 years need double digit growth every year. And event with that 5000 is most likely. The 6000 would be really stretchs.

Nah bille, $8.4 trillion by 2030 is an easily achievable target for $6k per capita GDP requiring 11.63% Nominal growth.

 

[Haldilal]

Ya'll Nibbiars Pahl ke apeksa math kar karam karte Jana aur upar wale par vishwaa karna.

If you thinking only about numbers then you will go mad. Many of the memebsr thought 5 years ago by 2020 we will hit 3,000 dollar per captia. But here we are still stuck around the 2,000.

 

[Haldilal]

Nah bille, $8.4 trillion by 2030 is an easily achievable target for $6k per capita GDP requiring 11.63% Nominal growth.

Ya'll Nibbiars and that's is not possible. You are ignoring external factors.

 

[sauntheninja]

Ya'll Nibbiars Pahl ke apeksa math kar karam karte Jana aur upar wale par vishwaa karna.

If you thinking only about numbers then you will go mad. Many of us thought 5 years ago by 2020 we will hit 3,000 dollar per captia. But here we are still stuck around the 2,000.

Need to pass Srilanka's gdp per capita figures first

 

[FalconSlayers]

Ya'll Nibbiars and that's is not possible. You are ignoring external factors.

We’re doomed bille, we might end up becoming $1 per capita GDP!