Is the India growth story over?

[hawx]

Is that why even a mid-level regional politician like Mamata, was able to shut down nation-wide economic reforms like retail FDI?

FDI has more cons for India as compared to pros,India has world largest shop's density/km ,I was against FDI from day one
if wall mart and cosco get there way in India they will just dump cheap chinese products in Indian market which will bring no good to India thus stopping of FDI policy was good for India.

 

[India defense]

Don't worry, we got 3 trillion reserve to tide us over.. India got what?

Dont see 3 trillion .......in trouble situation bigger economy will burn much bigger reserve amount than smaller economy

 

[Chinese-Dragon]

It was not Mamta alone...everybody except Congress was against it including BJP.....Alone Mamata is nothing

So why were you Indians cheering that Hilary Clinton has come to convince Mamata to stop blocking reforms?

 

[Tumba]

FDI has more cons for India as compared to pros,India has world largest shop's density/km ,I was against FDI from day one
if wall mart and cosco get there way in India they will just dump cheap chinese products in Indian market which will bring no good to India thus stopping of FDI policy was good for India.

i dont agree with this ... first this was a clause in FDI for retail multibrand that 30% of the produce will be indian... and this would also have made small shop owners more competitive and reduced looting the consumers in some situations.by small shop owners .. this would have made supply side discrepancies more stream lined producing more jobs ... this was a win win .... i hope this FDI comes into india .. we can introduce more regulations like .. 40-50 % local produce to be sold... this would also have made india more competitive and less socialistic ... thus reducing subsidy bill also in long run..

 

[Skull and Bones]

So why were you Indians cheering that Hilary Clinton has come to convince Mamata to stop blocking reforms?

Lol, you missed the diplomacy in here. Mamata is strongly against FDI, influencing her in supporting FDI gets half the work done for US. But the key negotiation failed.

 

[Beast]

Dont see 3 trillion .......in trouble situation bigger economy will burn much bigger reserve amount than smaller economy

You don't see it that's yr business.. China 3 trillion foreign reserve is undeniable.

India will with an almost same population as China but much lesser reserve will not tide over in short term. The huge trade deficiency is root of India problem. The fact India import more than it can export to sustain its economic growth says something is very wrong.

 

[India defense]

So why were you Indians cheering that Hilary Clinton has come to convince Mamata to stop blocking reforms?

Clinton came from BD so she went to Kolkata too....who told she came to talk FDI only?

You don't see it that's yr business.. China 3 trillion foreign reserve is undeniable.

India will with an almost same population as China but much lesser reserve will not tide over in short term. The huge trade deficiency is root of India problem. The fact India import more than it can export to sustain its economic growth says something is very wrong.

It is matter of convenience..... when we are taking about size of economy ...you started talking population......I can not counter trolling

 

[Beast]

Clinton came from BD so she went to Kolkata too....who told she came to talk FDI only?



It is matter of convenience..... when we are taking about size of economy ...you started talking population......I can not counter trolling

If you don't factor in the population vs economy ratio. By yr standard. Countries like Norway and Sweden or South Korea is in fact more inferior than India or China, is it?

They have a much smaller economy but a lesser population to burden on. That is to say their GDP is some of the highest. Their reserve is much higher in ratio to population in factor.

Or you are trying to say India economy is like some North Korea who just need 30% of the population to survive and let the remaining die off by themselves?

 

[India defense]

If you don't factor in the population vs economy ratio. By yr standard. Countries like Norway and Sweden or South Korea is in fact more inferior than India or China, is it?

They have a much smaller economy but a lesser population to burden on. That is to say their GDP is some of the highest. Their reserve is much higher in ratio to population in factor.

Or you are trying to say India economy is like some North Korea who just need 30% of the population to survive and let the remaining die off by themselves?

Hope you read my earlier post....I am saying ..bigger economy require bigger reserve irrespective to its population....

 

[Gandhi G in da house]

Pakistan has FAR less poverty than India.

Indian poverty levels higher than Pakistan's, says UN report - Telegraph

but far lower human development level as well . That is what matters .

http:/en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index

 

[India defense]

Not all gloom and doom for Indian economy;improvement likely: Survey - The Times of India

 

[Beast]

Hope you read my earlier post....I am saying ..bigger economy require bigger reserve irrespective to its population....

You just keep ignoring the factor China has 3 trillion reserve which is the largest, Our trade deficiency is positive while India is negative.

India do not has enough foreign reserve to tide over. Are you trying to suggest China is more dirt situation?

China - Largest reserve and positive trade deficiency.
India - smaller reserve and running a negative trade deficiency plus the worst performaning currency.

 

[Chinese-Dragon]

but far lower human development level as well . That is what matters .

http:/en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index

Same category.

 

[India defense]

You just keep ignoring the factor China has 3 trillion reserve which is the largest, Our trade deficiency is positive while India is negative.

India do not has enough foreign reserve to tide over. Are you trying to suggest China is more dirt situation?

China - Largest reserve and positive trade deficiency.
India - smaller reserve and running a negative trade deficiency plus the worst performaning currency.

No..I never said that India is in better situation than China....I dont want to even compare ...China economy is far bigger ..and matured compare to India....

Back to the conversation....I think I have put my point...can not repeat it again...

Same category.

I am color blind...please give me numbers

 

[cloud_9]

Don't worry, we got 3 trillion reserve to tide us over.. India got what?

Indians hold gold worth $1 trillion

If gold is considered as a symbol of prosperity and good fortune, then definitely Indians are prosperous. If the entire gold holdings in the country is sold off, each Indian citizen will get over Rs 37,000 at the current price level of Rs 25,000 per 10 grams.

After the sizzling rally in gold rate in the last two years, the total value of the gold holdings in India — estimated at around 18,000 tonnes — has zoomed to around Rs 45,00,000 crore ($1 trillion). For 121-crore strong Indian population, this works out to around Rs 1.5 lakh per household of four members. This is also equivalent to around 71 per cent of India’s market capitalisation of listed shares and 66 per cent of total GDP.

According to the World Gold Council, Indians hold the largest stock of gold in the world — 18,000 tonnes of which is held by Indian households. It is estimated that 7 per cent of India’s $256 billion in total household savings is currently held in gold, WGC says. And demand is increasing. “Nearly 50 per cent of the population is under 25 and there will be approximately 15 million weddings per annum over the next decade. Gold will continue to form an integral part of weddings. This will drive approximately 500 tonnes (Rs 1 trillion at the prevailing gold price and exchange rate) of new gold demand per annum, together with a further 500 tonnes of existing gold being gifted by one family to the next, WGC says.

India's Private Gold Holding
1621 x 32150.74 = $ 52,116,349.54/ton
$ 52,116,349.54 x 18,000 = $ 938,094,291,720