India's real GDP growth in first quarter seen at 14.2-23.3%

[Titanium100]

Prove it pls
India has more poverty than the whole world combined
If we are peasants you are even worse than peasants

I already gave you the prove just back-read this thread

 

[Black Tornado]

Prove it pls
India has more poverty than the whole world combined
If we are peasants you are even worse than peasants

India’s GDP per capita is 1.6 times more, yet It’s India who’s poorer?

 

[Kingdom come]

I already gave you the prove just back-read this thread

No proof

Give me 2 proofs from 2019
India has 1 billion poor

more poor than the world combined

You have given nothing except a Wikipedia link and an article from 10 years ago even then it shows the number of poor is 760 million

All the surveys coming from India itself are BS because they play with the numbers but surveys done by 3rd countries are more precise and the situation is much more severe than the Indian surveys themselves.. This is an Australian survey.


India growing strongly, but poverty gap widens

More than 700 million Indians subsist on less than $2 a day, and 420 million are living in extreme poverty.


INDIA has impressed the world with its GDP growth rate. Last year the economy expanded by more than 9 per cent and the International Monetary Fund has forecast growth of nearly 8 per cent this year, despite the world's economic travails.

But it's increasingly apparent that the well-being of the whole population is not improving at anything like the stellar pace of growth. India's growth rates have been far more impressive than its development outcomes - a much broader concept encompassing the economic and social progress of the entire society.

India growing strongly, but poverty gap widens

Last year India's economy expanded by more than 9 per cent, despite the world's economic travails.

www.smh.com.au

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Believe me when I say India is a poverty belt. I have been to Africa and India and there is no comparison in poverty. There is breathing space, clean and way less poverty in Africa compared to India..

I believe even that Survey is going soft imo outside of the rich living in gated community the remaining are legitimate poor..

India -----> the whole world tops them in Poverty combined

This is not a survey Thier Is only 1 survey by goi they are using the data from world bank and world poverty clocks want me to put the screenshot again
Pakistan under 2 dollar 6 percent India 6 percent

Also where have you been in india pakitanis are not allowed to roam free in the country I know this they are only allowed to view specific cities

@Sudarshan @salute @Saudang

 

[Surya 1]

This is the IQ Pakistan displays. If nothing talk about looks.

Pakistanis are basically a superior race. They are more handsome, they are more intelligent, they are better in maths, they are better in English.

India’s GDP per capita is 1.6 times more, yet It’s India who’s poorer?
View attachment 772003

Your data is fake. Pakistan is a very rich and prosperous country having GDP less than Mumbai, export and market capitalization less than reliance and many other Indian company.

The poverty rate in India has grown to over 1-billion people and in other news water is wet.. The poverty in India tops the whole world combined

Rate is always in percentage and not in absolute figure.

 

[not_two]

Western technology gap and working society will automatically drive development for another twenty years ..After that real challenge will begin where we have to develop new technologies if western countries do not lead .. Religious heavens if filled by then our boat will sail easily ..

 

[Shahzaz ud din]

So by 2031, we may see Indian economy size 20 Bn USD.

 

[letsrock]

I expect the year to end with 12 pc which will be 17 to 18 pc in market value. As Rakesh jun junwala said, India is all set to rise at 10 pc +for atleast 2 decades which is 15+ Pc in market value. All the hurdles in growth are removed. India's ppp is 4 ti.e higher than nominal. I expect India's currency to appreciate at 50 pc atleast in a decade. This will double the GDP mearly because of currency appreciation in addition to GDP growth. 15 pc market price will make Indian currency 4 times in a decade. It will double because of currency appreciation. So Indian economy may become 8 times in 10 years. So by 2031, we may see Indian economy size 20 Bn USD.


Don't bluff. hive referance else I give you you a referance that India has pulled out 200 mn + people out of poverty line.

I dont think you understand the difference between real GDP growth and nominal GDP growth (you call it market value). Eventually rupee depreciation with dollar or yuan takes care of nominal gdp growth and brings it close to real GDP growth.

 

[Surya 1]

I dont think you understand the difference between real GDP growth and nominal GDP growth (you call it market value). Eventually rupee depreciation with dollar or yuan takes care of nominal gdp growth and brings it close to real GDP growth.

BS. Confidance in something one does not know anything about.

 

[letsrock]

BS. Confidance in something one does not know anything about.

Explain your gibberish about 12% and then market rate of 17-18%

 

[Surya 1]

Explain your gibberish about 12% and then market rate of 17-18%

You are too naive to understand that. Educate yourself from numerous material on net if you have the capability to understand it, but make mockery of yourself here.

 

[letsrock]

You are too naive to understand that. Educate yourself from numerous material on net if you have the capability to understand it, but make mockery of yourself here.

yea right . escape now.

 

[Surya 1]

Ohh and serredra modie is making Endia more stinky than than a than a toilet you good for nothing pajeet

Your PM says otherwise.

 

[Romeoo250]

Your PM says otherwise.

Yes i remember he said that sarendra modie is a small man in big office and he was right.

 

[Surya 1]

Yes i remember he said that sarendra modie is a small man in big office and he was right.

Than he said that he xalled Modi for 6 time but Modi does not pick the phone. He explained his aukat himself.

 

[d00od00o]

India's real GDP growth in first quarter seen at 14.2-23.3%

Getty Images
Economists said the GDP data release on August 31 will reveal the extent of the second wave’s impact.
Synopsis
High-frequency indicators have been improving since June as lockdown restrictions were relaxed. Given the localised nature of restrictions during the second wave, economic activity was not as adversely affected as last year, economists said. India...
By Kirtika Suneja, ET BureauLast Updated: Aug 17, 2021, 09:40 AM IST10
The Indian economy likely grew 19-20% in the first quarter this fiscal year, aided by the strong base effect from a year ago, when it contracted by almost a quarter, offsetting the effects of the second Covid wave, an ET poll of economists said.

The median estimate was 19.5% for Q1, in a 14.2-23.3% range. The full-year gross domestic product (GDP) is expected to grow 7.9-9.6%.

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The Reserve Bank of India (RBI) expects 21.4% GDP growth in the first quarter and 9.5% in the entire fiscal. India’s GDP grew 1.6% in the preceding quarter but contracted a record 7.3% in FY21.
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While year-on-year growth picked up in the first quarter and was entirely weak-base driven, economists said GDP could fall by around 5% from the preceding quarter.

India's real GDP growth in first quarter seen at 14.2-23.3%

High-frequency indicators have been improving since June as lockdown restrictions were relaxed. Given the localised nature of restrictions during the second wave, economic activity was not as adversely affected as last year, economists said. Indias goods exports rose almost 50% on-year to a...

www.google.com

This is a premature celebration again. Wait until data for the second quarter numbers come out. They will be horrible because the second covid wave didn't began until April.

Of course, if India includes wood burning as part of its GDP, then the second quarter numbers will be by far the best in human history.