GDP ❌ 
 GDP per capita ✅ 
  
 GDP per capita ranking 120. 
 120 
 Let that sink in.

Founder

It doesn't translate to our daily life. Look at the income inequality around. Look at the wealth gap. Look at the pitiful state of our infrastructure. Look at our direct tax which fucks the middle class. 
  
 Hopeful? I think not.

Software Engineer

Software Test- QA

Expectations? 
 Better standard of living 
 Higher tax to benefit ratio 
 Better public infrastructure (roads, hospitals, schools)

Consultant

But roads in my city don't say the same 🙂

Product Manager

Oh great, potatoes will cost 200/kg, tomatoes 400/kg

But hey, at least Ambani will have 20 lakh-crores

3 largest economy that requires 80 cr people to be given free food, farmers have yo be given everything for free if not they will be in loss, only 2% of the population earn enough to pay income tax. In 10 years, inspite of high inflation and no respite to salaried working class population. It's Amrit kaal indeed.

Hope people have paid the second installment of advance jizya before 15 sep.

What are your expectations from your future in this country?

India will be the 3rd largest economy when I hit 30. That makes me hopeful.

Growth Manager

India will be the 3rd largest economy when I hit 30. That makes me hopeful.- Grapevine

Welcome to News Discussion's Private Community

- Former US treasury secretary Larry Summers predicts **India** will be the 'most rapidly growing major economy' over the next few years.
- Summers is optimistic about a **six-fold jump** in India's GDP by 2047, crediting Prime Minister Narendra Modi for setting up the necessary infrastructure.
- However, he warns of challenges including geopolitics and the rise of artificial intelligence, which could threaten India's IT industry dominance.
- Jobs remain a 'substantial' challenge, with the growth of AI only increasing this issue.
- Despite a slowdown in the first quarter, India's economy is expected to grow faster at **7.1 percent** in 2024, according to Moody’s Analytics.
 Source: [Moneycontrol](https://www.moneycontrol.com/news/india/india-will-be-most-rapidly-growing-major-economy-over-next-few-years-says-larry-summers-12833009.html)

India Predicted to be Fastest Growing Major Economy

Journalist

Welcome to Fintech India's Private Community

We all know that majority of analysts and experts are optimistic of Indian Economy. It will be going to be the 10 trillion dollar economy by 2030 as per most. So we can make good amount of money in long term ( 15-20 years ). I am also investing in stock market ( majorly in index funds and self analysed stocks ). Also seeing current developments myself too optimistic about this. Prediction is if BJP wins this election will boost the market. 

But my concern is what if BJP have done huge scam internally which is unknown due to huge control over government currently. And what if that scam bubble break one day. Isn’t this going to make our long term investment to go negative and loose most investments. Even though I have soft corner on BJP, by seeing only ED raids on non-bjp politicians, if non-bjp person joins BJP his scams are waived off. I think this might have given huge advantage to some cunning MLAs and MPs of bjp and they might have done huge scams and one day it may break. 

It’s my thoughts. What all you think? Is there any scam bubble in progress?

Indian economy future/Stock market future

Senior Consultant

Welcome to Moving Abroad's Private Community

Question came up because it’s Independence Day 🇮🇳
A lot of us have had the privilege to be able to go abroad, but ended up choosing not to.

For me, it was just believing there’s enough growth here in the coming few decades + friends/family

Looking to hear if the reduced brain drain is actually true, and what makes people stay.

To people who choose to stay in India, what made you stay? 🪷

Corporate Strategist

Title. Can India become a developed nation by 2047 irrespective of which political party is in power. If not 2047 then atleast 2060 or 2070?

Can India become a developed nation by 2047.

Welcome to Personal Finance's Private Community

How much do you plan to accumulate to retire and at what age? What kind of monthly income will let you retire peacefully?

What is your retirement golden number

Product Owner

Welcome to Confessions's Private Community

I am 31 M and am married with no kids as of yet. 

I have been to the US for my master's and also did a job there for some time. I came back to India in 2020 due to visa issues. 

Ever since then I have been thinking of going out of India, maybe to Canada (or nowadays Nordic countries are also accepting immigrants). But I am confused and unsure of what to do. 

I feel stuck here at my current job and feel like I haven't grown much. There are a lot of opportunities in other countries and the biggest motivation is lifestyle upgradation.

On the other hand, going to other countries would also mean a lot of struggle at this stage of my life, which I did the first time around when I went to the US. Plus there is this war situation happening in multiple countries. No one knows what will happen of that.

One more factor is - India is also doing fairly well and is seen as having the maximum growth potential in the next 5-10 years

What do you suggest? What are the points that I should consider? 

Also if I were to try to move out, which countries would you recommend I look at? What are the benefits? 

Help please!!!

Should I move out of India?

Welcome to Software Engineers's Private Community

Been in Bangalore for 6+ years and love everything the city has given me. 
This city ( more like people here) taught me what software engineering and product sense is, how to entrepreneurs function, whats a 100X coder like. 
Made many memories, weekend trips to nearby places were so nice. Dated, moved in and then married my girlfriend, adopted a dog. So Bangalore has given me a lot. 
But in hindsight it takes a way a lot also - 
1. Everybody is in constant work mode, even in parties its just about who is doing what
2. Everybody is in loot mode here - i have seen locals pay less for veggies/fruits in front of me, then the veggies apparently have lead in them
3. Rents/builders/brokers/roads - we all know whats up with them 

Though it was nice initially, now i feel like even after earning so much ( ctc > 1cr) if i just spend it all here ( monthly expenses ~2lacs same is with all my married friends), what is the point even.

Hence making a move to slow life now, where you get a house with garden for 25k and fresh veggies and you can actually develop some relationship with community. 

This urge to always outperform in career is not really needed, we all eventually work towards savings and hence if i earn less but spend even lesser, its more or less the same thing for me.

But i dont want to live in a matchbox, travel 1 hour to meet a friend, eat a roti for 150bucks and be in constant anxiety about climbing the ladder. 

All i want is to focus on health, and sit in a garden in some sunshine with my wife and my dog and enjoy a cup of tea. 

So yes, I AM DONE. Moving to a tier 2 ( more like tier 2.5 town ) 

Happy to answer any questions if anybody has any.

Done with Tier1 cities, moving to tier 2 town with family - A rant

How much money do you need to retire at 30? Lol

Retirement

Program Manager

Loving how 2024 is looking actually. Getting rid of my cash position and all in on equity. Plus, locking in the good interest rates FDs. Not seeing lucrative returns on FDs till the next quantitative tightening now. 

Godspeed! Time to make some 💰

India's Nifty 50 and Sensex are on course to log the longest joint weekly winning streak in nearly six years

Powell's rate remarks a 'Christmas gift to global markets' - Jefferies' Chris Wood

What do we think? JPow with the rate cuts is going to get us some nice returns hopefully 🤞

Welcome to Indian Startups's Private Community

The US is in its late stage capitalist phase, a ship that's going to sink for the next 50 years. If you're a young person there it doesn't make sense to work as hard as your Grandpa the reward on average isn't as great. 

India on the other hand is poised to become a great multi-trillion $ economy.

Onto something huge. We're talking like 10x growth of the economy here.

Start-ups that have made it like Razorpay, Swiggy, PayTM, even Cred, if they survive will be really huge as capital in the country, liquidity and lifestyles go up over the next 50 years. 

Be the capitalist, take the risks, make bets, work and stack up promotions and money.

Don't join an Infosys and work 70 hours there, do it for a start up of any scale you believe is going to make it. Or better yet start your own.

Work hard and build in India 🇮🇳

No law
Low percent of people paying taxes
No good Infra
Rise of recent regionalism
No tech advancements in AI/Semiconductor

Planning to move to US, but at 30 not sure if i can go for MS

What’s your reason to stay in India ?

Software Developer

Last week, I was wondering how long has it been for me since I joined Grapevine. Scrolling through OTPs, I realized that the first time I "may" have joined the app is exactly one year ago since today.

It has been a hell of a ride. I have had insane conversations with some of the best minds in this country. It also made me appreciate how the same people who will be discussing Finance in one post also end up talking about Nietzsche in another post. 

I have always felt that we all have great stories to share in our lives. Grapevine has always been a place where smart people in this country have contributed to the collective knowledge here. 

Lastly, there are always a ton of gloomy folks around you, they are doomsayers. That is always because people in general are more optimistic about their future and that remains a mainstream emotion. Which means that the cost of being wrong is low and the praise for being right is high when you are negative all the time as it is a contrarian take.

But let me tell you the most important thing, India is becoming big. No matter what may come our way. People will crib about things as they should, but don't let that deter you from building in India and staying in India. There is a ton of money to be made and you should aim to be on the right side of history.

Exactly 1 year ago, I joined Grapevine. Some thoughts and musings.

Saw a similar post somewhere from an European and I think it’s pretty valid for India.

For context, I am in my early 30s, a home owner, living in tier-2 city with a pretty high salary. Recently got married and my wife also works as an Enterprise AE for a listed US company. Our cost of living is pretty low given the house and tier-2 city. Even if we had a kid, the overall cost of living will not change a lot. 

I got to where I am, economically, by a combination of hard work and luck. Luck definitely was a huge part of it. Knowing the right people at the right time, working on the right technologies helped a lot more in advancing my career a lot more than grinding for good grades. Even the ability to buy a house without much debt, was partly because I was lucky to sell my shares in a fairly small startup. 

It would be easy to say things aren’t economically bad based on my own experience or that of my close friends. However, when I look at things more objectively, I can’t help but come to the conclusion that we are screwed as a generation. Except for maybe the top 1%, salaries are not keeping up even with inflation. Housing costs, specially in tier 1/2 cities are unbelievably high even if you want an average apartment. Jobs are no where to be seen. The whole generation is living in the hope of the stock market rally never ending. This seems completely unsustainable as a nation. I might be doing well for now, but I still recognise how these are real problems for most Indians, who’ve been waiting for India’s century for 20 years

Given that the services industry contributes more than 50% to the GDP, the current state of joblessness, the overall sluggishness in IT and related sectors, and the fundamental changes happening to the way IT services now work, I wouldn’t be surprised if we see a complete recession in the next 4-5 years.  

Lately, there has been a lot of criticism of anyone expressing anger on how bad things are but I think it’s helpful to talk about this.

Is it possible for those doing well to still acknowledge how our generation is screwed economically?

I'm currently working as a software engineer in India, with TC 45LPA and 2 years of experience. I'm thinking about applying for a Master's in CS in the USA for fall 2024. But I'm not sure if I want to settle there or not currently. Should I make the move considering things are going well in India? Getting a job directly in the US seems close to impossible. Any advice? Thanks!

MSCS IN USA or Stay in India

There's obviously the advantages of making more money and having a better lifestyle.

But given the sacrifice on your circle of friends and family in India, is over indexing on just professional outcomes a sensible enough thing to do?

How do you guys think around it?

What's a good mental model to decide between staying in India vs. moving abroad?

Welcome to Office Gossip's Private Community

This question is posed to you by Peter Thiel in his book "Zero to One"

My answer to this is:

We are in a big cycle where India will become everything great. Last 8 years have taught me that we are in the greatest momentum bet of this country's life time. So, don't rule out India. 

Build in India. Invest in India. Believe in India. 

There are many in this community that are complete nihilists and supremely bearish towards India's prospects. And let me tell you, for once in this country's history, being a complete maximalist on India is a bet that you will not regret. 

There will be a new generation of millionaires and billionaires that will be minted on new industries. So keep hustling and this country will unleash great dividends for you and your legacy.

[Thread] What important truth do very few people agree with you on?

India are growing 3 largest economic in the world

Hello everyone,

I'm Varun, the co-founder of Mesa School of Business. We’re Asia’s first startup focused business school focused on fostering the next generation of startup leaders in India.

Prior to Mesa, I was a Sr. Product Manager at Amazon in Seattle, and did my MBA from Kellogg School of Management.

I'd love to chat with you folks about my journey in building Mesa, my thoughts on higher education, 0-to-1 building, amongst other things.

Ask me anything! :)
I'll be back at 5 pm and start answering.

I'm Varun, Co-Founder at Mesa School of Business. Ask me anything!

Maharashtra has become the 1st state in India 

To cross $500 billion economy.

For reference the size of the Indian economy in year 2002 was 500 billion.

India will be the 3rd largest economy when I hit 30. That makes me hopeful.

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