Indian Economy: News and Discussion

Crazywithmath

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Ya'll Nibbiars within the reforms at the central not possible. The state can only do upto a certain level but not over all without the recforms talent even with a clear majority. We failed.
I do appreciate your point on policy uniformity but if they chase it too hard even the smaller issues won't be solved.
 

Haldilal

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I do appreciate your point on policy uniformity but if they chase it too hard even the smaller issues won't be solved.
Ya'll Nibbiars sometimes you need to chase beyond what is expected to grown faster. The Chinese growth was all due to adiding the communism. But if we can't totally abodend the license Raj then how can we even expect to grown like them?.
 

Haldilal

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Ya'll Nibbiars with labour and other reforms it was possible to grown at doubles digit. Only if PM had not surrender to the Andolan Jeevis. Then we may had a more faster growth expecteds.
 

Crazywithmath

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Ya'll Nibbiars sometimes you need to chase beyond what is expected to grown faster. The Chinese growth was all due to abiding the communism. But if we can't totally abidend the license Raj then how can we even exoect to grown like them?.
Who says India can grow like chinks? Forget it; the years between 2000-2015 are lost forever; no amount of course correction will ever get them back.
 

Haldilal

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Who says India can grow like chinks? Forget it; the years between 2000-2015 are lost forever; no amount of course correction will ever get them back.
Ya'll Nibbiars for doubles digit growth we need to do more than we are doing now.
 

Haldilal

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Even the latin American countries are richer than us and are around 8-10k range that wouldn't be the worst thing
Ya'll Nibbiars but what after that want to stuck there forever?.
 

Haldilal

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Ya'll Nibbiars it now or never. May be Yogi would be able to do that one day. And we will hit constant double digit growth.
 

Haldilal

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Ya'll Nibbiars all depends on 2024. And our only hopes is Yogi for now. The current PM has grown old.
 

Haldilal

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Ya'll Nibbiars what is our economy now 3 trillion dollars what was 10 years ago 1.5 trillion. Many thought at that time we will become 5 trillion by 2020. But what happened after that was history. Four major event slowed our economic growth. The 2013 crises, The 2016 denominations, 2019 crises And the Chinese virus.
 

Crazywithmath

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Ya'll Nibbiars what is our economy now 3 trillion dollars what was 10 years ago 1.5 trillion. Many thought at that time we will become 5 trillion by 2020. But what happened after that was history. Four major event slowed our economic growth. The 2013 crises. The 2016 denominations, 2019 crises. And the Chinese virus.
You forgot the most damaging UPA legacy of banking sector/ NPA collapse and the subsequent credit growth apocalypse.
And Ind did not have GST in place then; nor was the GOI spending on infrastructure or seriously getting into manufacturing. Only signed a few ( disastrous ) FTAs and patted themselves on the back for high service sector growth. I remember Chiddi saying that India would keep growing ( LOL! ) on the back of service and consumption only or something like that.
 

thebakofbakchod

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Lol India will always underperform since it is a country filled with unaccountable losers who keep making excuses. There are no consequences for bad performance whatsover. Most Indians also have IQs too low to even understand growth and will simply live and die on election freebies. When was the last time politicians explicitly campaigned on infrastructure growth and reforms rather than doling out freebies. If they do, it will be overshadowed by free education and free this and that anyways. Indian politicians will never perform as they dont need to. There is no committee to get rid of them if they dont deliver. They can make more freebie promises in the next elections and get elected

1642819079893.png


Take a look at this newly built highway. WTF is that junction?! In no fking country in the world will whoever designed that garbage get away with it and yet here, this will be celebrated as expectations are so low that even a basic 4 lane highway is an achievement. Until Indian politicians get hanged for not delivering basic infrastructure at the local government level, nothing will change. There is nothing the PM can do since he doesnt directly rule over these
 

Haldilal

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Lol India will always underperform since it is a country filled with unaccountable losers who keep making excuses. There are no consequences for bad performance whatsover. Most Indians also have IQs too low to even understand growth and will simply live and die on election freebies. When was the last time politicians explicitly campaigned on infrastructure growth and reforms rather than doling out freebies. If they do, it will be overshadowed by free education and free this and that anyways. Indian politicians will never perform as they dont need to. There is no committee to get rid of them if they dont deliver. They can make more freebie promises in the next elections and get elected

View attachment 133182

Take a look at this newly built highway. WTF is that junction?! In no fking country in the world will whoever designed that garbage get away with it and yet here, this will be celebrated as expectations are so low that even a basic 4 lane highway is an achievement. Until Indian politicians get hanged for not delivering basic infrastructure at the local government level, nothing will change. There is nothing the PM can do since he doesnt directly rule over these
Ya'll Nibbiars get the labour reforms or be stuck in the 6 to 8 percent growth rate forever.
 

asaffronladoftherisingsun

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Ya'll Nibbiars is aur agle saal ki accurate figures nahi bata sakte to how can we give a figures after 30 year. Well in any scenario we will be the third largest economy. But the exact numbers can be estimade even roughlys.

Even in 10 years possible, even in 20 years or 30 years.
I think between 5-7k usd per capita should be feasible by 2050 in nominal terms. Some estimations shows 3k per capita by 2030.
 

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