how many years slant eyed mongols have ruled your india？
India GDP growth to slow at 6.9% for 2011
- Thread starter davidson
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how many years slant eyed mongols have ruled your india？
ares
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Yet year on year ..we continue to grow handsomely..shows your doom n gloom predictions are just hot air.
India’s growth likely to pick up strongly in CY 2013: E&Y
According to the latest RGMF, growth in India is expected to accelerate strongly in CY13 at 9.5% as the global economy recovers, impact of previous interest rate tightening wanes, investment increases and exports pick up
India
Yeah, future future future miss target miss target miss target
Yeah, future future future miss target miss target miss target
ares
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Seems that you have run out of steam..hunh!!
What is wrong with an average GDP growth rate of nearly 8% over the greatest worldwide recession since WW2?
A lot of people forget that it is relative growth rates rather than the absolute value that is more important. As long as this relative growth rate is sustainable then India is actually doing quite well.
Let us use France as an example of an EU country to compare how that has done in comparison to India:
Between 2008-2011, it had an average GDP-growth rate of around 0%. India has done nearly 8%. That means that the Indian economy has grown over 40%, while France has stayed still.
India has actually done quite well over the last 4 years.
A lot of people forget that it is relative growth rates rather than the absolute value that is more important. As long as this relative growth rate is sustainable then India is actually doing quite well.
Let us use France as an example of an EU country to compare how that has done in comparison to India:
Between 2008-2011, it had an average GDP-growth rate of around 0%. India has done nearly 8%. That means that the Indian economy has grown over 40%, while France has stayed still.
India has actually done quite well over the last 4 years.
DelhiDareDevil
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Indian GDP Growth rate is continously coming down, Same with Pakistan's during in this whole PPP government Era... Never seen a better growth rate of 7.4 or 8.9 in this era like it was in Musharaf's era.. ..
Here come the idiots now, the data in the OP, shows the Economy growth is slowing down first time in 3 years.
How the fu** is it continuously coming down sherlocks?
Jon Snow
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It will pick up once interest rates come down - which should be around April -June.
As for Fiscal deficit - cant help but agree , This government is crazy - introducing bills like the food security bill will only make matters worse - worthless spending without any returns just to get a few votes. As a result of this bill, spending in other sectors will not increase or might even decrease in this year's budget ( either that or we are looking at even higher taxes).
As for Fiscal deficit - cant help but agree , This government is crazy - introducing bills like the food security bill will only make matters worse - worthless spending without any returns just to get a few votes. As a result of this bill, spending in other sectors will not increase or might even decrease in this year's budget ( either that or we are looking at even higher taxes).
Abingdonboy
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Hey a govt can not be solely growth centred, it has a responsibility to its citizens (social benefit) and this may mean spending money with no hope of returns. A govt isn't a business and needs to feed its people. Poverty eradication plans in the long run have huge benifts anyway in terms of increasing productive output and consumer expenditure. This is one of the reasons India has the fastest growing middle classe in the world and is bringing 1% of its population out of poverty every year (~10,000,000 people).
anonymus
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Zero,
I believe your curiosity was purely academic.
Source:There is a thing called google if it is not banned in your country.
S&P - India Rating may shift towards negative
MUMBAI: India is facing challenges to keep its stable rating outlook with high inflation, weak fiscal position and slower economic growth weighing, according to Standard & Poor’s rating service.
“The balance of risk factors for the sovereign credit rating may be shifting slightly toward the negative,” S&P, which has an investment grade BBB rating with a stable outlook on India, said in a report. – Reuters
S&P: India faces rating challenges
MUMBAI: India is facing challenges to keep its stable rating outlook with high inflation, weak fiscal position and slower economic growth weighing, according to Standard & Poor’s rating service.
“The balance of risk factors for the sovereign credit rating may be shifting slightly toward the negative,” S&P, which has an investment grade BBB rating with a stable outlook on India, said in a report. – Reuters
S&P: India faces rating challenges
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