Indian Economy: News and Discussion

[FalconSlayers]

 

[HariPrasad-1]

Bloody 12.6% will shake many enemies of India and their paid like commies, Librandus, Saudi funded Mullahs etc. and give a big reason to celebrate for Jingoes like us.

 

[FalconSlayers]

Bloody 12.6% will shake many enemies of India and their paid stooges in India like commies, Librandus, Saudi funded Mullahs etc. and give a big reason to celebrate for Jingoes like us.

So 17% GDP growth nominally this year?

 

[FalconSlayers]

 

[Edinburgh]

At the same time, China has set an economic growth target of more than 6% this year, far below the forecasts made by the World Bank and other institutions.

China sets economic growth target of ‘above 6 per cent’ for 2021

China set an economic growth target of ‘above 6 per cent’ for 2021, Premier Li Keqiang confirmed at the National People’s Congress (NPC) on Friday in Beijing.

amp.scmp.com

 

[HariPrasad-1]

So 17% GDP growth nominally this year?

Yes, If GDP rises by 11 to12% in inflation adjusted figures, Rise in market value GDP will be GDP +GDPX Inflation rate e.g 3.3 TR USD+3.3X17%= 3.861 TR USD i.e a rise of 0.586 Tr USD which is 586 Bn USD.

 

[FalconSlayers]

Yes, If GDP rises by 11 to12% in inflation adjusted figures, Rise in market value GDP will be GDP +GDPX Inflation rate e.g 3.3 TR USD+3.3X17%= 3.861 TR USD i.e a rise of 0.586 Tr USD which is 586 Bn USD.

So this year we’ll be a 3.8 Trillion economy? Last year we were 3 Trillion but then our GDP shrunk 8% hence now it should be more of 3.2 Trillion not 3.8 Trillion.

 

[Edinburgh]

So this year we’ll be a 3.8 Trillion economy? Last year we were 3 Trillion but then our GDP shrunk 8% hence now it should be more of 3.2 Trillion not 3.8 Trillion.

This is difficult, and the GDP of $2.6 trillion in 2020 is not likely to jump that high.
The growth rate is based on the data of 2020, which should be around 2.9 trillion to 3 trillion.

 

[FalconSlayers]

This is difficult, and the GDP of $2.6 trillion in 2020 is not likely to jump that high.
The growth rate is based on the data of 2020, which should be around 2.9 trillion to 3 trillion.

2.6 Trillion is according to UN as they are considering a 10.5% contraction in GDP. Our GDP crossed 3 Trillion mark before Pandemic and an 8% decline means around 2.76 Trillion dollars.

 

[HariPrasad-1]

So this year we’ll be a 3.8 Trillion economy? Last year we were 3 Trillion but then our GDP shrunk 8% hence now it should be more of 3.2 Trillion not 3.8 Trillion.

Please add 17% to F Y 2020-21 figure. The year is yet to complete I have counted based on Projection of USD 3.3. Actual figure may vary a bit.

 

[FalconSlayers]

Please add 17% to F Y 2020-21 figure. The year is yet to complete I have counted based on Projection of USD 3.3. Actual figure may vary a bit.

3.3? When was it so? We became a 3 Trillion economy in FY2019-20 and saw a contraction in FY2020-21 of 8% and now we’ll grow at 17% Nominal so we’ll be a 3.3 Trillion dollars economy at max.

 

[HariPrasad-1]

3.3? When was it so? We became a 3 Trillion economy in FY2019-20 and saw a contraction in FY2020-21 of 8% and now we’ll grow at 17% Nominal so we’ll be a 3.3 Trillion dollars economy at max.

It is very Simple bro. Whenever the data of 20-21 are out, we can add 17% to predict the GDP of 21-22.

 

[FalconSlayers]

 

[FalconSlayers]

 

[FalconSlayers]

 

[FalconSlayers]

Will be beneficial for North East!

 

[FalconSlayers]

 

[FalconSlayers]

 

[FalconSlayers]

 

[FalconSlayers]