In a Twitter thread, Arvind Subramanian said that GDP per capita is only an estimate for one indicator of the average standard of living or welfare in a country.
At ThePrint's OTC, the former RBI governor said if huge levels of debt and financial distress hold back the economy, it will be a lost decade for growth.
India’s rate-setting panel is due to meet in the first week of August as the economy heads toward its first annual contraction in more than four decades.
India just shouldn't let printing money become a habit. Countries like US can get away with it, but the price for excess is greater for a developing country.
The World Bank joins a chorus of international agencies that have made a similar cut in growth estimates in recent days on concerns about the Covid-19 pandemic.
Alongside buying into the grift that is dating apps, the girlies are also installing astrology apps like Astrotalk to investigate the same tired mystery—will he ever text back?
Aquaculture is the fastest growing food sector in Africa, offering significant returns on investment for all involved and achieving the continent’s goals for food security, dignified livelihoods and economic growth.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
Whenever the weakness of the government is badly exposed and they are unable to find out any safe corner for hiding their face. Shekhar Gupta always comes for rescue. No wonder he has often been proven wrong.
Physical quality of life index is a better estimate of well being than GDP. Bhutan is a case in point. The comparison of car (GDP, taxes, fuel, servicing….) versus bicycle (low cost,low on GDP, taxes…). is very appropriate.
This is not to state that Bangladesh is not doing good. And India can definitely do better.
The most important is social indicators, not GDP etc.
Bangladesh has been soaring in the key social indicators for a while now.
Some Bangladeshis in the social media are predicting that Bangladesh should include some eastern states in its fold. Going by the change is social demography in West Bengal and Assam, those ideas are not far fetched.
Our hdi is more than Bangladesh and u comparing india to a small country i live in Bihar were gdp per capita is 600 and where gdp per capita is 6k so we have much more opportunities than regular Bangladesh even sri lanka
So all rohingyasa are going back to there prosperous country
Aponare bada bole bada sei noi, loke jare bada bole bada sei hoi. Aapna baja bajanewale ka koi value nahi .
PPP is really meaningful global comparison for different currencies and not the Dollar exchange rate used by IMF
Govt should make policy for domestically produced energy, like Coal, base on PPP basis so that Power as well as innumerable goods using coal as energy source become affordable for 80% Indian population below middle class, including BPL.
Today housing is beyond the reach of even middle class due to high cost of steel and cement being produced using coal.
Whenever the weakness of the government is badly exposed and they are unable to find out any safe corner for hiding their face. Shekhar Gupta always comes for rescue. No wonder he has often been proven wrong.
Physical quality of life index is a better estimate of well being than GDP. Bhutan is a case in point. The comparison of car (GDP, taxes, fuel, servicing….) versus bicycle (low cost,low on GDP, taxes…). is very appropriate.
This is not to state that Bangladesh is not doing good. And India can definitely do better.
The most important is social indicators, not GDP etc.
Bangladesh has been soaring in the key social indicators for a while now.
Some Bangladeshis in the social media are predicting that Bangladesh should include some eastern states in its fold. Going by the change is social demography in West Bengal and Assam, those ideas are not far fetched.
You go champ! Keep your head busy with those “hot demographic theories” while someone else takes the cake. Marvelous.
But the plain and simple fact is the standard of living of an average bangladeshi is better than of an average Indian.
Our hdi is more than Bangladesh and u comparing india to a small country i live in Bihar were gdp per capita is 600 and where gdp per capita is 6k so we have much more opportunities than regular Bangladesh even sri lanka
So all rohingyasa are going back to there prosperous country
Aponare bada bole bada sei noi, loke jare bada bole bada sei hoi. Aapna baja bajanewale ka koi value nahi .
Looks like India’s been bud bud ding dinged again !
PPP is really meaningful global comparison for different currencies and not the Dollar exchange rate used by IMF
Govt should make policy for domestically produced energy, like Coal, base on PPP basis so that Power as well as innumerable goods using coal as energy source become affordable for 80% Indian population below middle class, including BPL.
Today housing is beyond the reach of even middle class due to high cost of steel and cement being produced using coal.
I see hordes of comments coming on. Bashing Dr Subramanian and those bashing them. Peace out dear brothers and sisters and dear lgbtq.