Gdp contracts by 7.3% for FY 2021. India.

[Patriot forever]

https://twitter.com/x/status/1399347590702022656

 

[大汉奸柳传志]

no wonder those westerner call it Endia now on social media
funny how indians till the very end had no idea who their real enemy is

 

[Zee-shaun]

But but but next year the growth is projected at 12:5% and India will be super power again

 

[Nasr]

Tell a lie a million times, it still won't be able to hide the truth. The pseudo economic miracle of india, continues to unravel, despite the massive Western help to prop it up, as a hedge against China. Yet there are people out there, who continue to believe Western bu!!$hit .... Stoney Baloney!!!

 

[Death Professor]

Indian GDP 2020-21... -7.3% 2078 billion $ to... 1926 Billion $

Well on their way to 5T $ economy till 2025. Modi hai tou mumkin hai....

 

[RIP Pak LAW]

Current quarter is not included so further slump is expected

 

[Hakikat ve Hikmet]

COVID has crushed the Consumer Sentiment, which is crucial to create demand. 97% of the households say they are getting worse. And, unemployment is going up....

 

[faithfulguy]

COVID has crushed the Consumer Sentiment, which is crucially to create demand. 97% of the households say they are getting worse. And, unemployment is going up....

The Modi government can subsidize burning firewood and increase the wood cost by 1 million percent. This will boost GDP growth as the firewood is needed to burn the dead bodies.

 

[Gangetic]

Turns out having multiple fungus-causing dung festivals, and encouraging the masses to drink cow piss as cures makes the COVID situation much worse. Who would've thought?

 

[crankthatskunk]

Indian GDP 2020-21... -7.3% 2078 billion $ to... 1926 Billion $

Well on their way to 5T $ economy till 2025. Modi hai tou mumkin hai....

Don't lie mate.

India is already a 5 trillion economy. Had been for years.




In Indian Rupees.
Modi

 

[faithfulguy]

Don't lie mate.

India is already a 5 trillion economy. Had been for years.




In Indian Rupees.
Modi

should rupees come in a roll so I can hook it up my toilet paper hanger. This rupee brand could be better than the existing.

 

[Maira La]

Good news. Look forward to bigger contractions.

 

[Neurath]

To the fellows on the other side of the border:
We Pakistanis support Modi and his government. It is in your and our best interest that you keep re-electing him for the rest of your life.

 

[Akatosh]

https://twitter.com/x/status/1399347590702022656

Current quarter is not included so further slump is expected

Good news. Look forward to bigger contractions.

To the fellows on the other side of the border:
We Pakistanis support Modi and his government. It is in your and our best interest that you keep re-electing him for the rest of your life.

Good too see contraction was only 7.3%.
Earlier it was estimated contraction would be 10.8% but successful Modi economic management ensured contraction rate was 33% less than predicted.

Nomura Expects India GDP To Contract 10.8% In 2020-21

Nomura Expects India GDP To Contract 10.8% In 2020-21 Mahima Kapoor September 01 2020, 1:41 PM A visible collapse in domestic consumption, which led to the steepest decline in gross domestic product in the quarter ended June, prompted Nomura to downgrade India's economic outlook for the ongoing...

defence.pk

Anyways even after taking into account second wave, mighty Indian economy is set to grow by 9.9% as per prominent global org OECD.

Second Covid wave impact: OECD trims India growth forecast for FY22  to  9.9%

The world economy is now experiencing diverging fortunes after being uniformly battered by the pandemic last year, OECD said

www.livemint.com

 

[Syed1.]

While this number can be used to make fun of chest beating Indians and Hindutva crowd but don't forget this also means that hundreds of millions will be out of work unable to feed themselves and their families. It is a sad reality and we need to be cognizant of it. I hope Modi realizes that he is PM of all of India and not just those who will survive consuming just cow ka cola.