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
Thanks to Manmohan Singh policies
So where are the jobs? Looks like layoffs are working like a charm.
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
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
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. ❤️
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❤️
how does gdp growth impact me as an regular gareeb naukar slogging away life for survival, is this figure something to be celebrated?
🥲🥲We become better gareeb naukars compared to other countries. Jyadha kamayenge lekin saath me jyadha karche bhi honge
Hmm okay then onwards and upwards we go 💪
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.
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 ...
I'm tired of this bullcrap. India will not keep growing if the US goes under. And all that growth shit is exaggerated...
..unless either of the two mess up insanely bad
We'll probably get to the #3 spot if things go well. But it seems impossible that we'll ever go beyond that.
Internal reasons that are very hard to fix:-
(1) Our population TFR fel...
Let's do our part, instead FOMO, have an abundance mindset,keep building and shipping.
Following wester consumerism blindly is the reason when most DINK couple decides not to have kids. The age old colonial term of "civilising the brown is white man's responsiblity". Let me burst this bubble of ever happy life and not havi...
🤣🤣🤣 Love this! Trying to force opinions on people in "their" way. You like kids? Have them. People who do...
