GDP growth of major south asian countries this year

[ito]

By 2025, India should be third largest economy in the world

 

[farhan_9909]

Isn't the Indian growth figure 7.3%?

Yes 7.3%

Again a 0.4% improvement by Modi govt over Man Mohan singh govt.

 

[ziaulislam]

Indian Growth rate in

2013-14 =6.9%

2014-15=7.2%

So a marginal improvement of 0.3% over the last govt by MODI govt.

NOTE:5.7% was the projection by IMF prior to the change in calculation method.

thanks for the update.
regardlessly its nothing ne every country goes through base change

 

[Ryuzaki]

Bangladesh may overtake Pakistan economically in next 20yrs

 

[Dr. Sen]

India grows 7.5 % in first 3 months of this year.

Looks like there may be a drought. In that case the growth may dip a bit.

 

[ito]

Yes 7.3%

Again a 0.4% improvement by Modi govt over Man Mohan singh govt.

But I have to say that...there is a preceptable change in Industry expectation and optimism regarding economy now as compared to Manmohan Singh tenure. As a leader Manmohan Singh failed miserable to enthuse or give confidence to the Industry. No wonder, in a recent poll of Indian CEO, 87% have given thumps up to Modi government

 

[Mr.Nair]

But I have to say that...there is a preceptable change in Industry expectation and optimism regarding economy now as compared to Manmohan Singh tenure. As a leader Manmohan Singh failed miserable to enthuse or give confidence to the Industry. No wonder, in a recent poll of Indian CEO, 87% have given thumps up to Modi government

India add more than 6500 MW of electricity from Feb to March,2015.During Maun mohan every thing under coal scam

Looks like there may be a drought. In that case the growth may dip a bit.

Every year india becomes more service based economy than an agricultural one.Growth dip a bit by unfavourable climate.

 

[Dr. Sen]

Every year india becomes more service based economy than an agricultural one.Growth dip a bit by unfavourable climate.

Sir you appear to have more knowledge than me in economics. I would like to clear a question I have. Is India becoming a more service based or manufacturing based? US is service based and China is manufacturing based? A nations development is judged more by service or manufacturing? I have no knowledge in these fields and any help will be highly appreciated.

 

[definitelynotIndian]

Sir you appear to have more knowledge than me in economics. I would like to clear a question I have. Is India becoming a more service based or manufacturing based? US is service based and China is manufacturing based? A nations development is judged more by service or manufacturing? I have no knowledge in these fields and any help will be highly appreciated.

All major developed economies have dominant service sector and a little bit of manufacturing. As a country develops manufacturing starts taking a back foot like in China right now. India on he other hand didnt go for manufacturing or missed the bus because congress didnt improve the infrastructure and reforms to make it happen.
Modi favors manufacturing because that is where millions of jobs can be made over a short period of time hence Make in India etc.

 

[Mr.Nair]

Sir you appear to have more knowledge than me in economics. I would like to clear a question I have. Is India becoming a more service based or manufacturing based? US is service based and China is manufacturing based? A nations development is judged more by service or manufacturing? I have no knowledge in these fields and any help will be highly appreciated.

I am not economists.You can see indian based gdp over sector

So agriculture contribute to just 15 % GDP, but it does not mean that decline in agriculture output but does not grow as much fast as service sector.In 1951 agriculture sector contribute to 52 % of GDP.The growth in IT,Tourism sector etc contribute well to service sector over period of time.

 

[Jaci]

Not to forget that Pakistan is fighting a war since last 15 years.

Rest of the South Asia is not as volatile as Pakistan. It has got security issues, power shortages, sectarian violence and so many other issues that has constrained Pakistan progressing towards the right direction

Pakistan's development budget is cut to fund and counter the ever threatening security issues so our potential for growth is likely to remain below par.

pakistan needs to tackle its internal problems very fast

 

[tsinga]

There is no "lack of funds" as BD is saving billions of dollars each year due to the slump in oil prices. BD is flush with over 20 billion dollars in foriegn currency currently

The Padma bridge has now become a "prestige" thing for Awami League and they will build it by 2018 if only to score a political point.

Once the nuclear power plant(Roopur) and the other massive coal-powered plants come online, their ability to deliver such as large proportion of sustained 24/7 electricity will mean load-shedding will be minimal.

BD is getting richer and even a corrupt and useless Awami League can do some good with BD's new-found wealth.

There are other things happening on the power front for BD as well.

BD is set to increase import of electricity from India to 1200 MW by 2 years (2017) - from 500 MW right now.

That apart, BD is also an equity holder in a power plant being built in NE India - it is slated to finish this year. Instead of financial returns, GoBD has indicated it will cart off electricity generated back to BD as its returns from the project.

Lastly, both Adani and Reliance are set to set up their power plants in BD really fast.

In fact, Reliance's plant is practically waiting.
Because of a logistics issue, a new Reliance power plant is ready and simply waiting on hold in India. They have decided to move it to BD and as soon as land is allocated in BD, they will simply move it lock stock and barrel to BD - thats another 2000 MW that can be implemented in one year!

By 2018-19, I don't think BD will have any electricity deficit at all !

 

[WaLeEdK2]

By 2017 many of Pakistan's power sector projects are going to completed which will really help boost the economy of Pakistan and South Asia. Good days are ahead.

 

[My-Analogous]

View attachment 225840

It is not correct one, where is Russia?. Russian GDP is 2096 Billion dollar

 

[Mr.Nair]

It is not correct one, where is Russia?. Russian GDP is 2096 Billion dollar

Russian economy tumbled to 1.175 trillion dollar as of sanction and they are in recession

Economy of Russia - Wikipedia, the free encyclopedia

Russia ranked 15th in Nominal GDP and 6th as per GDP PPP in 2015

World GDP Ranking 2015 | Data and Charts - knoema.com