Don’t worry. Ram mandir is here. Now everything will be fine.
Who needs jobs and economic growth when we have Ram.
GDP growth falls below 5%, to 4.5%, lowest since March 2013
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Han banega Ram mandir, chahe jitni jale tumhari….mc har baat pe religion le ayenge beech me fir gyan denge hindu muslim na karo….aise hi jalegi tumhari aur khushi iss bat ki hai ki tum kuchh ukhaad nhi sakte sirf chilla sakte ho
So you mean to say, even with Demonetization, our GDP didn’t fall to this low.
Somebody needs to change seats with Nirmala Seetharaman
GDP fell because they changed the recipe to spice up these number. Even after that, numbers are still going down.
If we calculate our growth like the whole world does, we are most probably be in the negative.
Subramanian Swamy Says Nirmala Sitharaman Doesn’t Know Economics
Public spending is up only because of govt exp. Govt has been scaling up their exp big time. Actual growth w/o govt spending is just horrible. Pvt spending is nil.
We need real economic reforms and not these band aids.
First reform should be to throw this CEA out.
Do we not have real economists in our country?
If you’re remove all the extra/increased taxes this govt. has levied since it came to power, the actual GDP growth would be in negative…
Without this, it’s still in negative. Govt wanted to display fake growth when they didn’t had the numbers speaking for them. So they started to include stock exchange indexes in GDP calculation which no country in the world does because stock exchange doesn’t run on hardcore data but it runs on speculation and it’s easier to manipulate it by spreading fake news. So by including it Indian govt got to show GDP growth for some time but it’s still not working because it can boost upto a limit.
We are in way negative to negate the effect of all time high stock exchange indexes.
….sorry and sic! to say but priyanka reddy’s case is push in front to diverge the gdp case….
….modi,shah and bjp should accept that one of the reason of UPA govt. downfall was nirbhaya kaand….and BJP should acknowledge that country isn’t any safe now….
…..in all matters except lynching,ram mandir, pakistan obsession and wasting money on statue this govt. has failed miserably…
…before karnataka election on 5 december the criminal elements in government will create some more cases to divert people attention….
Look at their Audacity, they are celebrating the 6 months completion of 2nd term.
Shame on these people.
Everything was booming till 2014 as most of people from Upper Scale to Lower were unaccountable and need to worry about anything. Easy money was flowing and many shell companies were busy making fool of customers as they were riding money at their will. Then there came some amount of accountability and we saw everything falling apart. People were happy in that unaccountable environment where asking for bribe and filling your own pockets and live a easy life was a good way of India leading ahead.
Now people are not interested in business or hiring more as now everything has been brought on papers and chances of making corruption and moving money at will has reduced (not completely gone but many loopholes filled). Now Indians don’t know how to move ahead when accountability is set as over the ages they have done businesses without reporting actual numbers and they know to make money by siphoning off only.
It’s not that doing business has become tough but doing business unethical way has become tough and people aren’t interested anymore. They don’t want to learn and move ahead as they are too busy doing nothing. Now they are not interested as they have to pay taxes a little bit more. Consumer spending is at lows because whenever bigger change comes people take time to adapt and currently people are playing safe. Before 2016, people don’t give a damn to how they spend money on unnecessary things and business of unnecessary items were booming. Now that need for unnecessary things are going down, so does the business related with them who are making more cry of slowdown. It’s not that people don’t have money or everybody lost money in 2016 but now they are spending it sensibly and India don’t know how to move ahead with sensibility.
Joblessness was always there but it seems more now as during 80s/90s, Govt was busy with their vote count which told them more people = more votes. I mean there were times when a Govt representative use to come to towns and villages to tell to grow population so that their vote count increases in future. They worried about their own future not future of India. Now those born in 80s/90s were in large numbers and now when they reached job age, India faced joblessness situation as when previous Govt of 90s was busy with their vote count they didn’t gave a damn to youth future. If with see with wide open eyes, we can not blame anyone for the situation we are in but to blame ourselves. I seen many educated people having 4 kids and when they asked why, they say we have enough resource/money to cater all 4 and they never think about when they will be in their 20s, where will job come for everyone?
One more thing which is irritating is problem is there but level is not what is shown. Jobs are there but the job seekers don’t have enough skills and today all around the world you can fit in a job only if you have some kind of skills which people from towns and villages lack to core except some who grow and shine. Youth today don’t want to take a start as they find salary low while in past, our grands started with Rs.10 also which was mere when compared to that time. Everyone looking for easy and quick money. If we go deep we can write 100s of pages but I am hopeful that things will change over time.
Some people think India is isolated from world and anything happening outside don’t affect us at all. Whole world is facing problem from US whose GDP is 2.3% to China with 6.9%. China was 14% in past so what will we say China lost it all 50%. There is a big difference between slowdown and recession and those who are talking about actual GDP being negative should bang their head in wall. Our currency would have fell by 70% if GDP were in negative. New formula or old, it is not that easy to calculate complete health of economy based on few industrial data and we can never estimate the same.
It’s interesting to see how you’ve passed the Whole Blame on Citizens.
Never seen such line of thought…
Hats off!
Hey @chingumboy @Praashaant, this might help, for ur next post
https://twitter.com/anandj_/status/120044360644...
Thought u guys might be running out of content
No one is debating here whether slowdown is real or not. The facts are laid bare for everyone to see. Economy is in bad shape and it’s asking for some serious reforms from the govt. The question is whether they’re capable enough of reversing the trend or not. I do not think the present economic know-how of govt is strong enough to lead the country with consistent good growth. Without major policy shift and market-driven measures, the economy will time and again fluctuate.
gdp ki, economy ki, employment ki, gareebon ki
sakbi waat lagaane aayega to…..
4.5% is according to new method, but if you go with method which was used during Manmohan Singh terms, then actual GDP is 2.5%.
There is something called real GDP and normal GDP….if normal GDP is only 4.5 then real GDP will be below 2.
GDP falling ho ya jo bhi conversation chalao
Onion ka price toh kam karo pehle
Aam Janta ki socho minister logo
Kis se bolu …
Sala bekaar bakwaas lagega sabko
Sab ka price up …up…up… Upar ja Rahi hai koi bhi protest nahi kar Raha
Protest karo toh taiyaar raho …tum phasne wale ho
Don’t worry. Ram mandir is here. Now everything will be fine.
Who needs jobs and economic growth when we have Ram.
If you’re remove all the extra/increased taxes this govt. has levied since it came to power, the actual GDP growth would be in negative…
….sorry and sic! to say but priyanka reddy’s case is push in front to diverge the gdp case….
….modi,shah and bjp should accept that one of the reason of UPA govt. downfall was nirbhaya kaand….and BJP should acknowledge that country isn’t any safe now….
…..in all matters except lynching,ram mandir, pakistan obsession and wasting money on statue this govt. has failed miserably…
…before karnataka election on 5 december the criminal elements in government will create some more cases to divert people attention….