Looks like we won't get into middle income trap, instead we will get into lower middle income trap !!Phake Newj you anti-nashnul scamgressi!
India can grow consistently at 8% for next 20 yrs on current investment strategy: Vaishnaw
Indian economy can grow consistently at 8 per cent for the next 20 years leading to the generation of up to 1.5 crore new jobs and bringing out 3.5 crore people out of the poverty every year on the basis of the capital investment strategy of the government, Union minister Ashwini Vaishnawm.economictimes.com
any idea, which set of economists and when did they start talking about middle income trap wrt India ?Looks like we won't get into middle income trap, instead we will get into lower middle income trap !!
RIP nibbas predicting 0.25% hike.. These 0.5% increases will continue until inflation goes blow 6%/
They were so bad that even with low fuel prices their inflation went into double digits.Even scamgress party would have been worse until india becomes independent on energy both crude and edible oil ,indias growth will be affected.
Glad i just closed my remainig loans.. just in time
from last month but still.RIP nibbas predicting 0.25% hike.. These 0.5% increases will continue until inflation goes blow 6%/
So they are secrificing GROWTH ?from last month but still.
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Wow. Excess liquidity is now only about 2.5 lakh crores! Has been over 5 lakh cr for a long time now, which is now coming down a lot.
Nope, controlling inflation. More money in the market means more inflationSo they are secrificing GROWTH ?
RBI's mandate is inflation control, their mandate is 4-6 band, they are trying bring it back to those levels.So they are secrificing GROWTH ?
question was about lifestyle goods by kumata, i chose to reply with hot global topic of recession in news at the moment and so called advanced economies. go back and check the conversation you brought in singapore in to this, which yourself said was not comparable last month.
there is a limit to how much i can think like others mate.
Quoted Singapore as an extreme example because their entire inflation basket is imported when compared to say EU or European countries taken individually some of which have at some form of self sufficiency in agriculture.that's because inflation is mostly managed in India, look at other countries.
leave it, this discussion will go no where.
narrow it down mate, which part is addressed to me.Quoted Singapore as an extreme example because their entire inflation basket is imported when compared to say EU or European countries taken individually some of which have at some form of self sufficiency in agriculture.
So where does the question of inflation in milk arise in India unless the diary industry shuts down tonight or the input cost(animal feed) rises by XXXX %.
My original response was to the false equivalences drawn by FM to Chadda's query.
This was in line with her earlier reply - Onion prices are high... 'mujhe nahi pata.. main pyaaz nahi khati'. One can interpret it the way they deem fit.
My question - What has demand and supply influence got to do with GST on milk and curd?
Oh wait.. we have to formalize our economy like _______________.
Growth rests with the policy making domain - government.So they are secrificing GROWTH ?
They have three parties but only 1 party (of Lee Kuan Yew) has been in power since independence. For foreseeable future no other party will ever come into power there.I know its one party state. Have family there. Its a benevolent dictatorship (as benevolent as a dictatorship can be).
And people accept it because people have seen their country go from lower middle income to one of the richest countries on earth in 50 years.
Deng took inspiration from SIngapore itself, for Chinas development.
Aag lage Basti (DFI mai) mai, @Haldilal Nibba apni mast mai!Ya'll Nibbiars The 1970s Ladies and Children Standing In Queue to Get Kerosenes.
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Case of Singapore is highly specialized case. You just can not use it to explain problems or strength of other countries.Quoted Singapore as an extreme example because their entire inflation basket is imported when compared to say EU or European countries taken individually some of which have at some form of self sufficiency in agriculture.
So where does the question of inflation in milk arise in India unless the diary industry shuts down tonight or the input cost(animal feed) rises by XXXX %.
My original response was to the false equivalences drawn by FM to Chadda's query.
This was in line with her earlier reply - Onion prices are high... 'mujhe nahi pata.. main pyaaz nahi khati'. One can interpret it the way they deem fit.
My question - What has demand and supply influence got to do with GST on milk and curd?
Oh wait.. we have to formalize our economy like _______________.
But that money is needed for projects / new investments also..Nope, controlling inflation. More money in the market means more inflation
I don't see how we will become a stable economy on such YOY deficits by the Govt.For 2022-23, the fiscal deficit of the government is estimated to be Rs 16,61,196 crore.