Indian Economy: News and Discussion

Anandhu Krishna

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By that same logic Chinas GDP lost 3 Trillion dollars this year.
Last projection says we will take Germany by 2027


2022​
2023​
2024​
2025​
2026​
2027​
Germany
4256.54​
4564.778​
4786.673​
4985.445​
5177.005​
5361.149​
India
3534.743​
3893.67​
4270.765​
4681.947​
5100.7​
5533.453​
UK
3376.003​
3686.935​
3914.821​
4131.676​
4345.973​
4551.548​



exp-2022-10-02_20_30_05.png
 

nongaddarliberal

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Last projection says we will take Germany by 2027


2022​
2023​
2024​
2025​
2026​
2027​
Germany
4256.54​
4564.778​
4786.673​
4985.445​
5177.005​
5361.149​
India
3534.743​
3893.67​
4270.765​
4681.947​
5100.7​
5533.453​
UK
3376.003​
3686.935​
3914.821​
4131.676​
4345.973​
4551.548​



View attachment 174117
German GDP is going to get fucked royally soon enough. We might overtake them by 2024.
 

no smoking

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I feel a lot of these India China comparisons miss one major point .. China reformed 15 years before India did (or rather was forced to).. and incidentally we are exactly where China was 15 years ago
Do take a look at Chinas current situation ... we now see the downside of authoritarianism
Then you miss another 2 major points:
1. When India was founded in 1947, her industrial power was No.2 of the whole Asia. China, on the other hand, was just a pure agricultural country which had been stuck in all kinds of war for 38 years all over the country. Her industries were simply better than zero. An example to reflect India's huge advantage over China was motor vehicles: even in 1955, Chinese only managed to produce around 200, while India produced over 20,000.

2. This so called early 13 years early reform. People has to understand the meaning of Chinese reform in 1978 was totally different from India's reform in 1991. The major part of Chinese reform was to allow the existence of private companies which has never disappeared in India. Regarding the opening to outside world, India has always been better than China even before 1991. For example, the first foreign manufacturer got into India was Suzuki in 1981. The similar thing only happened in China 3 years later (USA's Jeep).
 

Indx TechStyle

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1. When India was founded in 1947, her industrial power was No.2 of the whole Asia. China, on the other hand, was just a pure agricultural country which had been stuck in all kinds of war for 38 years all over the country. Her industries were simply better than zero. An example to reflect India's huge advantage over China was motor vehicles: even in 1955, Chinese only managed to produce around 200, while India produced over 20,000.
Can you be more specific with statistical industrial output index? AFAIK China had an aersoapce industry before India's independence. It's steel production was always quite higher than India.

Civil wars, warlords and instability might have hampered a part of industries.
2. This so called early 13 years early reform. People has to understand the meaning of Chinese reform in 1978 was totally different from India's reform in 1991. The major part of Chinese reform was to allow the existence of private companies which has never disappeared in India. Regarding the opening to outside world, India has always been better than China even before 1991. For example, the first foreign manufacturer got into India was Suzuki in 1981. The similar thing only happened in China 3 years later (USA's Jeep).
PRC's reform went from epic restrictions to neoliberalism with a clear aim of transition to an industrialized state from a socialist one.

India meanwhile has been a mixed economy from day one where socialist democratic politics has been at war with industries for decades. So, decision making was slow.
 

NutCracker

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Last projection says we will take Germany by 2027


2022​
2023​
2024​
2025​
2026​
2027​
Germany
4256.54​
4564.778​
4786.673​
4985.445​
5177.005​
5361.149​
India
3534.743​
3893.67​
4270.765​
4681.947​
5100.7​
5533.453​
UK
3376.003​
3686.935​
3914.821​
4131.676​
4345.973​
4551.548​



View attachment 174117
German projection graph is looking very optimistic . THey are supposed to gain more in in next 5 years than what they gained in last 14 years ..LOLOLOL

Also its from April 2022.. April !
 

NutCracker

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Then you miss another 2 major points:
1. When India was founded in 1947, her industrial power was No.2 of the whole Asia. China, on the other hand, was just a pure agricultural country which had been stuck in all kinds of war for 38 years all over the country.
Why you opium smoking clown forget that same happened with India for next 30 years. Our resources were emptied by colonial power to fill their coffers after WW2. Multiple wars against Pakistan and then against expansionist China. Then during 1980s China became favourite son of its daddy USA and India paid price of its neutrality.
 
Last edited:

NutCracker

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Preparing crop for China's round two - next century of humiliation.

The central government has approved licences for cultivation of opium poppy during the opium crop year commencing on October 1, 2022 and ending on September 30, 2023. That is, the new opium policy was announced by the government. A notification was also issued regarding this. Mp Gupta's big statement about this new opium policy has also come out.


When contacted, Neemuch-Mandsaur MP Sudhir Gupta said that the Opium Policy-2022-23 has been declared the best policy so far. After this, where another acreage will also increase, on the other hand, opium production will also be seen to a great extent. In the year 2022-23, the number of opium farmers will be about 90 thousand across the country, which is also a matter of great happiness.

This time, opium cultivators who give an average of more than 4.2 will be given leases of 10 saws each. The special thing will also be seen in this that from the year 1999-2000 to the year 2021-22, all the opium cultivators whose opium was low and whose opium average was above 6.

They will also be issued licences by the government under the CPS method on the basis of morphine. At the same time, after the announcement of the new opium policy, there is an atmosphere of happiness among opium farmers and happiness is also being seen on their faces.

What is the new policy?

Under 2022-23, the Union Finance Ministry has issued the announcement of opium policy. The Finance Ministry has given 10-10 saw leases to farmers for opium leases. Apart from this, the Finance Ministry has issued many more instructions for the lease of opium|

  • All eligible farmers will be given leases of 10 saws each.
  • Farmers cannot sow opium on more than 2 plots.
  • The tenant can take the land of others on lease to get a license if he wishes. It will be allowed.
  • In the coming year 2022-23, 5.9 kg of marfin will have to be given per hectare.
  • Farmers ploughing the crop during 2019-20, 2020-21 and 2021-22 will not be considered eligible for the year 2023-24.
  • Farmers giving marfin above 4.2 kg per hectare in Luini-Chirni will also be given leases of 10 saws each.
  • Leases will also be given to farmers who give more than 6 per cent of the marfin from 1999 to 2021.
  • In the CPS method, leases of 10 saws each will also be given to those who give morphine above 3 kg per hectare and below 4.2 kg per hectare.
 

Concard

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German projection graph is looking very optimistic . THey are supposed to gain more in in next 5 years than what they gained in last 14 years ..LOLOLOL

Also its from April 2022.. April !
Exactly what I thought LOL. Germans enjoyed lot of success since 2008 financial crisis. They recovered faster than other countries and they truly had a golden decade (2010 - 2020) since the reunification. This golden decade was made possible by cheap Russian gas and oil. Their renewable policy hasn't yielded much result.

Now that Russian gas and Oil is no longer on the table, this decade for them will be pain the ass. Regardless of where they import their Oil and gas it will always be more expensive than Russian Oil and gas which is delivered through pipelines. The fact that they have committed to denuclearization means even more pain. Germany is not a country of sunshine all throughout the year. They will need fossil fuel sources for the foreseeable future. German products are expensive as it is already. Imagine they become even more expensive with rising energy costs. Who is going to buy them?

Their automobile industry which delivered prosperity with ICE engines will be obsolete. The electric car will level the playing field as it doesn't need all those intricate parts of ICE car which Germans were a master of. For all of Europe this decade won't be a pleasant one. If Spain with constant sunshine all around the year is not able to transition to renewable sources then other countries don't have a chance.
 

NutCracker

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Exactly what I thought LOL. Germans enjoyed lot of success since 2008 financial crisis. They recovered faster than other countries and they truly had a golden decade (2010 - 2020) since the reunification. This golden decade was made possible by cheap Russian gas and oil. Their renewable policy hasn't yielded much result.

Now that Russian gas and Oil is no longer on the table, this decade for them will be pain the ass. Regardless of where they import their Oil and gas it will always be more expensive than Russian Oil and gas which is delivered through pipelines. The fact that they have committed to denuclearization means even more pain. Germany is not a country of sunshine all throughout the year. They will need fossil fuel sources for the foreseeable future. German products are expensive as it is already. Imagine they become even more expensive with rising energy costs. Who is going to buy them?

Their automobile industry which delivered prosperity with ICE engines will be obsolete. The electric car will level the playing field as it doesn't need all those intricate parts of ICE car which Germans were a master of. For all of Europe this decade won't be a pleasant one. If Spain with constant sunshine all around the year is not able to transition to renewable sources then other countries don't have a chance.
Let me tell another foolish German ignorance ..

due to short ramping up duration THE best complimentary source with solar plants is GAS GAS GAS...

 

SKC

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Then you miss another 2 major points:
1. When India was founded in 1947, her industrial power was No.2 of the whole Asia. China, on the other hand, was just a pure agricultural country which had been stuck in all kinds of war for 38 years all over the country. Her industries were simply better than zero. An example to reflect India's huge advantage over China was motor vehicles: even in 1955, Chinese only managed to produce around 200, while India produced over 20,000.

2. This so called early 13 years early reform. People has to understand the meaning of Chinese reform in 1978 was totally different from India's reform in 1991. The major part of Chinese reform was to allow the existence of private companies which has never disappeared in India. Regarding the opening to outside world, India has always been better than China even before 1991. For example, the first foreign manufacturer got into India was Suzuki in 1981. The similar thing only happened in China 3 years later (USA's Jeep).
Did you just make up facts out of thin air?

China had more GDP than Indian since centuries. They had significant Industrial capabilities. They had bigger army than us and had Airforce roughly at the same time as we got it.

Suzuki entered Indian in 1981 but did any other company came until market was opened in 90s?

We had a very small and niche computer manufacturing business via IBM in India but they were kicked out in 1977. This single step screwed us royally.

The private companies in India were never private in true sense and often on mercy of License raj of socialist era. You could be f**ked any time govt wanted.
The orders given to Pvt companies were not backed up by any agreement in most cases and the receiving party could deny delivery as they wanted and screwed up many companies in late 70s and 80s.
 

Anandhu Krishna

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German GDP is going to get fucked royally soon enough. We might overtake them by 2024.
🤞

German projection graph is looking very optimistic . THey are supposed to gain more in in next 5 years than what they gained in last 14 years ..LOLOLOL

Also its from April 2022.. April !
Next update is this month. Lets see what happens
 

FalconSlayers

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European economies have mostly remained stagnant post 2008 financial crisis and this war is another economic shock for them enough to screw them for lifetime, we will see a decline of western economies due to this war. Europe's and North America's demographic disaster will worsen as cost of living increases.
3A2B61C0-5E6B-4FFB-8948-E2C3DF38A105.jpeg
 

thebakofbakchod

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Meanwhile in Supapowa 2020 2047...


Modi government is a pathetic joke and anyone who still supports them are satisfied with a long term 4-5% growth.
 

Knowitall

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Last projection says we will take Germany by 2027


2022​
2023​
2024​
2025​
2026​
2027​
Germany
4256.54​
4564.778​
4786.673​
4985.445​
5177.005​
5361.149​
India
3534.743​
3893.67​
4270.765​
4681.947​
5100.7​
5533.453​
UK
3376.003​
3686.935​
3914.821​
4131.676​
4345.973​
4551.548​



View attachment 174117
The entire European economy is collapsing like a deck of cards as we speak.

India takes out Germany by 2023 end that's it.

Germans are soon going to end up in a long recession whereas this nonsense expects them to start a second Marshall plan the way it expects Germany to grow.
 
Joined
Feb 16, 2009
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Last projection says we will take Germany by 2027


2022​
2023​
2024​
2025​
2026​
2027​
Germany
4256.54​
4564.778​
4786.673​
4985.445​
5177.005​
5361.149​
India
3534.743​
3893.67​
4270.765​
4681.947​
5100.7​
5533.453​
UK
3376.003​
3686.935​
3914.821​
4131.676​
4345.973​
4551.548​



View attachment 174117
It maybe earlier Germany maybe heading toward an economic depression?
 

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