GDP measures only the size of an economy. India’s economy must have more depth, more domestic industries, and faster income growth at the bottom, as China has achieved.
The concern is not that 2025’s rally was irrational, but that it may be difficult to repeat. Outlooks remain anchored to AI investment and growth without reigniting inflation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
For socialists, anything that can’t be achieved by them is useless. They can’t achieve high GDP, hence GDP is useless. They can’t become rich, hence everyone should be equally poor. They can’t build a developed country, hence remain content with handouts. No one can make utter flop plans like socialists.
Former Planning Commission Member Arun Maira’s point about the need to look beyond GDP growth figures is well-taken. However, it could have been more helpful if he could also have put forward some workable solutions on how India, the world’s most populous nation, can address the twin challenges of unemployment and underemployment in the backdrop of the growing advancements in AI technologies which are making many legacy jobs redundant. Informed opinions minus workable solutions can only take us that far.
For socialists, anything that can’t be achieved by them is useless. They can’t achieve high GDP, hence GDP is useless. They can’t become rich, hence everyone should be equally poor. They can’t build a developed country, hence remain content with handouts. No one can make utter flop plans like socialists.
Former Planning Commission Member Arun Maira’s point about the need to look beyond GDP growth figures is well-taken. However, it could have been more helpful if he could also have put forward some workable solutions on how India, the world’s most populous nation, can address the twin challenges of unemployment and underemployment in the backdrop of the growing advancements in AI technologies which are making many legacy jobs redundant. Informed opinions minus workable solutions can only take us that far.