It only occur if you can convience the rest of the world about Vedic growth deception upto 2021.Data manipulation can't do wonder forever.
FYI, we didn't projected this Vedic future. Blame WB and IMF.
Read.....
India’s GDP numbers are so dodgy that even the central bank has doubts about them
http://qz.com/610767/indias-gdp-num...t-its-central-bank-is-now-doing-its-own-math/
Typical western propaganda. How India could undertake such huge projects or if India is a cheater, why different countries sent FDI here to make India biggest FDI hub, ahead of USA and China.
Anyway, India isn't alone victim of western hypocrisy,
Based on the Non-Massaged Data, China is Growing at 3% at Best
PPP dollar are the imaginary dollar.It don't belongs to your pocket.Only nominal dollar do.
PPP must be taken because there's cost of availabilities. Otherwise, Iran will be richer than China.
Wait. I'm clarifying your doubt in below post.
PPP calculation have many flows.I will give you one example, two product that are frequently used among many others to determine the cost and living standard across the countries are Car and wine.Car in BD is around 4-5 times more expensive compared to India as Govt. imposed a 400-500 percent import duty upon them.On the other hand most indian use domestically produce car which is cheap.Same is with wine.as a muslim country it is at least 10 times costly in BD compared to india.But car and wine are not essential commodity for most of the people in sub continent.These two product is enough to show India is much cheaper than BD.ppp is al about cost of living, so it will show BD is more expensive than India although most of the people in BD are quite fine without them.So ppp calculation have their limitation.
PPP's compilation of entire values and not only two three like car or wine, so error is eroded.
Let's leave wine if you don't like (But I don't, how can anyone can enjoy life without wine.
I can drink two bottles in one evening), Car isn't ignorable. It's a luxury, considerable for living standards. Same goes for other things which are costlier, no matter why they are costly, they are costly, Indians can buy It cheaper, can enjoy an easier lifestyle than BD.
And this is the reason of need of PPP.
Now, That clarification:
Take example of Djibouti. Yet this country is playground of proxy wars played between France, USA, China, Saudi, India and Russia, it is still economically underdeveloped.
Djibouti is well ahead of India and Bangladesh in nominal GDP per capita but behind in PPP. From statistics to visiting there, their living standards are nowhere near us.
And same goes for many other countries.
Another example,
China has slightly higher nominal GDP per capita than Russia but well behind in PPP. Watch at their living standards now, ruskies are much richer than chinks. There
are several other examples.
Without PPP, Africans will be richer than us (what would be reality?)
Nominal calculation is for projecting economic power on other countries (matters for India who donates ) and PPP is made for comparing living standards.
Please think over it.
What is the source. How can anybody live with only 60 or 51 dollars?
World Bank.
http://iresearch.worldbank.org/PovcalNet/index.htm?2
It's the income not total property.
Have I to count all the backward states? Here are some more Odisha, Jharkhand,Uttarakhand,Jammu and Kashmir,Tripura, and other north eastern states.
Uttarakhand!!, J&K!!!, Tripura!!!!!!!!(
) and North Eastern states are backwards States?
If they are backward states, think about BD then.
It would be classified as 9th LDS state of India.
Yes,you're getting correct. BD is more
far pathetic than them. Hold your tongue before ranting.
These and the previous eight states contain around 1 billion people.So my statement was correct.
Still you will laugh on Vedic mathematics.
Where did you learnt mathematics?
0.55billions(550 millions) live there.
India's population is 1.28 billions out of which 43% live in LDS and rest in other 21 states and 7 Union Territories (I'm leaving other two because there are no humans in D.G. and Maitri .So, their HDI is zero without humans.
Some of other states are developed (like Italy, Spain etc.)
There is a huge gap of living standards between these 8 backward states and rest of the India.
Ask for more details because your statement was plane incorrect braincell.
Check facts, imaginations will waste time.
You heard about CPEC (China Pakistan
Economic Corridor)? India is making similar corridors throughout backward states.For easy flow of money, there will be several developed cities with one of world's most dense highway networks and high speed trains, connecting with richer states.
Actually, it must have been done before but communist mentality didn't let happen. New Government is in full mood.
These backward states are full of natural resources and labour, industrial states need it.
8-9% growth rate will be possible if gap is eliminated.
well, that's internal issue.
@Doyalbaba
Your today's main mistakes,.
1. You called some nicely developed states as LDS.
2. You said India's 1 billion population lives in LDS (absolute liar.
)
These are such pathetic mistakes which gonna play down people's thinking about Bangladeshi knowledge and IQ level.
