Indian Century✊️
Earlier someone was very skeptical about Bharat growing at 7+ %. Here you go.......live long enough to witness the journey Like I said (1.07)^50 = 29.45 times current GDP
dodgy_dave
Stealth
10 months ago
Thanks to Manmohan Singh policies
Thanks to Sardar Patel for uniting the country together and forming a nation. Let's go down history and celebrate everything🤦♂️
Sugar
Stealth
10 months ago
@dodgy_dave was this sarcastic?😅
If not can you please list 3 policy changes that had a huge impact on Indian Economy?
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MightyLazyGeekStar
Stealth
10 months ago
So where are the jobs? Looks like layoffs are working like a charm.
Sugar
Stealth
10 months ago
The jobs are in mildly skilled Hard labour work, significant amount of people here are from Tech industry. The majority of this growth comes from Infra spending(infra spending has 2.5x multiplier on economy) and export driven. There is actually shortage of candidates for these jobs out there, many msme's are on hunt to find right candidates.
Jobs are in another sector
MightyLazyGeekStar
Stealth
10 months ago
Yep. Its Infra on the rise. There would always be a shortage of skilled labour as a lot of folks have skewed their interest towards the non hard skilled side
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There will always be a debate so as to whether currency depreciation is leading to a part of GDP growth.
But we take what we got and onwards we move. ❤️
Sugar
Stealth
10 months ago
I think maybe you mistook the above mentioned figure for Nominal GDP growth. Sorry for not mentioning the details, I just wanted to clarify that the above mentioned figure is of Real GDP growth. So we are on track considering inflation, deflation, currency fluctuations everything into account
Bharat is on rise❤️
Per captia income adjusted to inflation and currency depreciation is a better metric.
Although india is rising , it's not as rosy as gdp growth indicates. IMO GDP doesn't provide much insight.
how does gdp growth impact me as an regular gareeb naukar slogging away life for survival, is this figure something to be celebrated?
Sugar
Stealth
10 months ago
🥲🥲We become better gareeb naukars compared to other countries. Jyadha kamayenge lekin saath me jyadha karche bhi honge
