Finance Minister Nirmala Sitharaman admitted in the Rajya Sabha Wednesday that the Indian economy had slowed down but clarified 'it is not recession yet; it won’t be'.
Analysts from IIM and IIT have looked at former CEC Arvind Subramanian’s data and concluded that India’s true growth rate might have been closer to 4.5%.
Economic soothsayers may well be right when they predict a pick-up to 5.8% growth for Q2, 6.4% for Q3 and 7.2% for Q4. The low base will help with that.
IMF chief economist Gita Gopinath warned that the global economy is in a 'synchronised slowdown' and called for policymakers to cooperatively deescalate trade and geopolitical tensions.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
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.
He is unable to understand why people pick on him. He gets up, does his Yoga, eats his super special breakfast, same everyday, and takes a shower, puts on a new dress for the day and then gets to work. At work he listens.I mean just listens ’cause folks need not know he follows the subject or not. The day ends with this and that but nothing significant. 24 hrs a day is hardly sufficient. Twitter reading and writing takes a lot of his time. What Economics???
Our Finance Minister why not accepting the reality of slowdown of economy. It’s the fact that is in foolsutopia . Unemployment, use of RBI’s Reserve funds, combination of banks, giving extra funds to National banks, closing co& factories, Small scale industrial markets are about to close . Today itself news has come GDP has touched to lowest up to 4.5 what more she needs.
India’s power consumption in October was 12% lower than a year earlier. For Maharashtra and Gujarat, down 22%. 20% in Karnataka. That is the severity of the challenge.
Power consumption is an unerring economic indicator, like bank credit and railway freight volume. What broke my heart is to read about how one litre of milk was split between 81 children in Yogiji’s Uttar Pradesh. This is the cost ordinary Indians are paying for ideology over the normal expectations from any government. This will more than “ dent “ Hindutva. It will damage and discredit it.
INDIA’S ECONOMIC OUTLOOK DISMAL – BEWARE THE COMING CATASTROPHE
In India a third of children have stunted growth and more 60% of its women are anaemic. That equates to hundreds of millions of our citizens.
Consider, Due to ill health and malnutrition before the age of four – the average IQ in India is less than 82.
In addition have very poorly educated young who are part of the demographic bulge, there will be no jobs for millions of youth.
With hundreds of millions unhealthy, uneducated and brains little better than morons, there seems to be no future for India, what in addition, to climate change and coming widespread water scarcity.
I immigrated to New Zealand after my son and daughter came back from a Delhi school constantly be harassed And bullied by the other children for being Muslim and told to go to Pakistan. My children will now will now grow up being hardworking loyal citizens here and contributing to secular high IQ New Zealand.
Meanwhile Indians look around you at the monuments that the Muslims left built, the great Muslim culture and language can be heard and seen all around you. During the time of the Mughals India contributed thirty percent of the world GDP.
It was a time when there was no communal feelings and no farmer suicide either. The Muslim rulers kept the exploitive Brahmins at bay, look what’s happened under Brahmin rule today.
As things get worse this abandonment of India will continue.
A small percentage of India’s rich And middle class will prosper while hundreds of millions will sink into the cess pit.
India’s Brahmins will rule the roost of a hungry population living in misery.
With average IQ of 82 the population will continues to manipulated by Political thugs.
Last night I was watching some clips of Singapore’s PM Lee’s recent speeches. The impact of the trade war on Singapore’s economy, growth prospects for ASEAN, the longer term geopolitical effects of worsening relations between America and China. Japan, South Korea, Australia and New Zealand merited a few mentions. Not one word about India. Either as a long term actor to balance China or a promising economy that the region wished to do more business with.
Recession in the West – where 2% growth is regarded as satisfactory – is defined as two successive quarters of contraction in economic activity. In the deepest winter of the Hindu rate of growth, India has never been there. So there are no gold medals for jumping over such a low bar. However, it is true that several industries are seeing negative growth. The revenue of the telecom sector – a sunrise industry – has declined from about 2.64 trillion a couple of years ago to about 2.25 trillion now. 2. In turn, government revenues are getting clobbered, whether it is GST or income tax. State finances / fiscal deficits are not better than the Centre’s. unclear which alignment of the planets we are waiting for to acknowledge the severity of the crisis and dealing effectively with.
He is unable to understand why people pick on him. He gets up, does his Yoga, eats his super special breakfast, same everyday, and takes a shower, puts on a new dress for the day and then gets to work. At work he listens.I mean just listens ’cause folks need not know he follows the subject or not. The day ends with this and that but nothing significant. 24 hrs a day is hardly sufficient. Twitter reading and writing takes a lot of his time. What Economics???
Our Finance Minister why not accepting the reality of slowdown of economy. It’s the fact that is in foolsutopia . Unemployment, use of RBI’s Reserve funds, combination of banks, giving extra funds to National banks, closing co& factories, Small scale industrial markets are about to close . Today itself news has come GDP has touched to lowest up to 4.5 what more she needs.
India’s power consumption in October was 12% lower than a year earlier. For Maharashtra and Gujarat, down 22%. 20% in Karnataka. That is the severity of the challenge.
Power consumption is an unerring economic indicator, like bank credit and railway freight volume. What broke my heart is to read about how one litre of milk was split between 81 children in Yogiji’s Uttar Pradesh. This is the cost ordinary Indians are paying for ideology over the normal expectations from any government. This will more than “ dent “ Hindutva. It will damage and discredit it.
INDIA’S ECONOMIC OUTLOOK DISMAL – BEWARE THE COMING CATASTROPHE
In India a third of children have stunted growth and more 60% of its women are anaemic. That equates to hundreds of millions of our citizens.
Consider, Due to ill health and malnutrition before the age of four – the average IQ in India is less than 82.
In addition have very poorly educated young who are part of the demographic bulge, there will be no jobs for millions of youth.
With hundreds of millions unhealthy, uneducated and brains little better than morons, there seems to be no future for India, what in addition, to climate change and coming widespread water scarcity.
I immigrated to New Zealand after my son and daughter came back from a Delhi school constantly be harassed And bullied by the other children for being Muslim and told to go to Pakistan. My children will now will now grow up being hardworking loyal citizens here and contributing to secular high IQ New Zealand.
Meanwhile Indians look around you at the monuments that the Muslims left built, the great Muslim culture and language can be heard and seen all around you. During the time of the Mughals India contributed thirty percent of the world GDP.
It was a time when there was no communal feelings and no farmer suicide either. The Muslim rulers kept the exploitive Brahmins at bay, look what’s happened under Brahmin rule today.
As things get worse this abandonment of India will continue.
A small percentage of India’s rich And middle class will prosper while hundreds of millions will sink into the cess pit.
India’s Brahmins will rule the roost of a hungry population living in misery.
With average IQ of 82 the population will continues to manipulated by Political thugs.
Last night I was watching some clips of Singapore’s PM Lee’s recent speeches. The impact of the trade war on Singapore’s economy, growth prospects for ASEAN, the longer term geopolitical effects of worsening relations between America and China. Japan, South Korea, Australia and New Zealand merited a few mentions. Not one word about India. Either as a long term actor to balance China or a promising economy that the region wished to do more business with.
Recession in the West – where 2% growth is regarded as satisfactory – is defined as two successive quarters of contraction in economic activity. In the deepest winter of the Hindu rate of growth, India has never been there. So there are no gold medals for jumping over such a low bar. However, it is true that several industries are seeing negative growth. The revenue of the telecom sector – a sunrise industry – has declined from about 2.64 trillion a couple of years ago to about 2.25 trillion now. 2. In turn, government revenues are getting clobbered, whether it is GST or income tax. State finances / fiscal deficits are not better than the Centre’s. unclear which alignment of the planets we are waiting for to acknowledge the severity of the crisis and dealing effectively with.