NCAER lowers India GDP growth forecast to 5% in 2014-15

[SarthakGanguly]

Um, no.

Check the link to the IMF's nominal GDP numbers, and see yourself why that is wrong.

India's GDP in 2013 was lower than India's GDP in 2011.

So India's nominal GDP has been shrinking.



I'm glad you are happy with it. That was my intention.

Searching that will take me some time. The home page showed me this for India -

Projected % Change


---------------2014 -------2015

Real GDP .....5.6 ...........6.4

Cons Prices ..7.8 ...........7.5

Quite impressive. Thanks.
Source - India and the IMF -- Page 1 of 23

 

[Chinese-Dragon]

Searching that will take me some time. The home page showed me this for India -

LOL, I posted the link in post #2 of this thread.

List of IMF ranked countries by past and projected GDP (nominal) - Wikipedia, the free encyclopedia

India's nominal GDP in 2013 was lower than it's nominal GDP in 2011. It has been shrinking.

That's according to India's own released GDP figures.

 

[Nova2]

No, it's true that India's economy as been shrinking.

Just check the IMF numbers.

No ,it WAS shrinking it ain't shrinking anymore stop repeating the same words like a parrot

 

[Chinese-Dragon]

No ,it WAS shrinking it ain't shrinking anymore stop repeating the same words like a parrot

What else can I do when some of your countrymen like @SarthakGanguly believe that India's GDP has been increasing? https://defence.pk/members/sarthakganguly.146551/

 

[Morphine]

I'm not a communist. And I don't believe in communism.
Communist noodles do sound good though, I will not turn them down, as long as it is just noodles and no ideology to go with it.

You cannot simply have the communist noodles. To have it you need to raise a wall around your bowl of noodles and den you need to claim that the table is also yours since your forefathers once sat on it. Then you will have to claim the entire hotel and give the owner TWO-PARTNERSHIP theory. And then you need to put posters outside your hotel how big developed more awesome your hotel is. Only then you can have the noodles.
P.S : if any bald guy wearing saffron sumthing say you are wrong just burn the shit out of him

 

[SarthakGanguly]

It has been shrinking.

1. This is an IMF report. So India Govt. does not accept this anyway.
2. This is the report -


2010 - 1,708,541
2011 - 1,880,102
2012 - 1,858,748
2013 - 1,876,811
2014 - 2,047,811

I am not an economist, but the value for 2014 exceeds all the previous ones. So 'shrinking' is grammatically incorrect. It could have been 'It had been shrinking'. Because now it is not. And all this according to the IMF only.

Source - The same link you posted.
Source - World Economic Outlook Database October 2014

@Chinese-Dragon - edited.

 

[Fattyacids]

Did KMT ever controlled entire China.

It was an era of Civil war and WW2. Need I say more? Who sat in UN security council in 1945 representing China? It was KMT.

Civil war is a fancy term, it means your country wasn't united.

Learn the difference between "civil war" and war. The article that you quoted exactly explained "Chinese civil war." Don't make dumb argument.

The father of Chinese nationalism Sun Yat Sen has to say this about Manchus who gave you a united and twice the original size of China.

Sun once said: “In order to restore our national independence, we must first restore the Chinese nation. In order to restore the Chinese nation, we must drive the barbarian Manchus back to the Changbai Mountains. In order to get rid of the barbarians, we must first overthrow the present tyrannical, dictatorial, ugly and corrupt Qing government.”

[ LETTER ] - Taipei Times

Qing is a Chinese empire, any territory expanded is our own effort.

Your source is a letter posted by anonymous reader. And it is Taiwanese article. Should I quoted Pakistani poster to represent India view?

Why would he said that? Sun Yat Sen was the one who created ZhongHua Minzu, a republic of Five races.

 

[SarthakGanguly]

What else can I do when some of your countrymen like @SarthakGanguly believe that India's GDP has been increasing?

No, actually, your taunt notwithstanding, he is technically correct.

 

[Nova2]

What else can I do when some of your countrymen like @SarthakGanguly believe that India's GDP has been increasing? https://defence.pk/members/sarthakganguly.146551/

Well as if you are ready to accept it is expanding instead of shrinking, eh? If you can go on telling that India's economy is shrinking then what's wrong if my countrymen says the same or once?

 

[SrNair]

You just went full retard. Never go full retard.

Dude dont blame him.You should understand the feelings of illegal lungi polevaulters in here for a job.Less GDP more lungis will kicked out from here.

 

[INDIC]

It was an era of Civil war and WW2. Need I say more? Who sat in UN security council in 1945 representing China? It was KMT.



Learn the difference between "civil" war and war. The article that you quoted exactly explained "Chinese civil war."
Don't make dumb argument.



Qing is a Chinese empire, any territory expanded is our own.

That's a letter posted by a reader. And it is Taiwanese article. Should I quoted Pakistani poster to represent India view?

Sun Yat Sen was the one who created ZhongHua Minzu, a republic of Five races.

ok your time over, go get some candies.

 

[Chinese-Dragon]

1. This is an IMF report. So India Govt. does not accept this anyway.
2. This is the report -


2010 - 1,708,541
2011 - 1,880,102
2012 - 1,858,748
2013 - 1,876,811
2014 - 2,047,811

I am not an economist, but the value for 2014 exceeds all the previous ones. So 'shrinking' is grammatically incorrect. It could have been 'It had been shrinking'. Because now it is not. And all this according to the IMF only.

2014 data is not out yet, since 2014 is not over yet.

The latest annual data is from 2013, as I mentioned previously.

And as per the latest actual data, India's economy in 2013 (the latest available year) was lower than India's economy in 2011.

 

[INDIC]

@Chinese-Dragon what's your take on this news.

China's Debt, At 250% Of GDP And Rising, Flashes Warning Signs

 

[GORKHALI]

Two minutes silence for Great Chinese bubble bursting


And in another news China's growth slowest since global crisis, annual target at risk| Reuters

BY JAKE SPRING AND XIAOYI SHAO

BEIJING Tue Oct 21, 2014 3:14pm EDT
(Reuters) - China grew at its slowest pace since the global financial crisis in the September quarter and risks missing its official target for the first time in 15 years, adding to concerns the world's second-largest economy is becoming a drag on global growth.

A pick-up in factory output and government confidence that the labor market remains stable were offset by further slowing in the property sector, and economists remained divided on whether authorities would step in with major stimulus measures such as interest rate cuts.

China's gross domestic product grew 7.3 percent in the third quarter from a year earlier, official data showed on Tuesday, the weakest rate since the first quarter of 2009.

That was slightly above the 7.2 percent forecast by analysts but slower than 7.5 percent in the second quarter, and even then some economists were surprised.

India will grew at 5 or 5.4 is still a better then expected,it seems modi mania working while XI is pushing 50 cent Internet trolls.
China Hires As Many As 300,000 Internet Trolls To Make The Communist Party Look Good | Business Insider India

 

[ito]

If you check the IMF figures for nominal GDP, India's economy has actually been shrinking over the past few years.

List of IMF ranked countries by past and projected GDP (nominal) - Wikipedia, the free encyclopedia

India's economy in 2013 was smaller than their economy was in 2011.

For all the boasting about how India's growth story, their economy is actually shrinking. Even developed countries are expanding their GDP, America for example adds half a trillion every year.

Whereas India's economy (as a developing country) should be growing, but it is in fact shrinking.

2014 is almost over and is not 2013.