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.
‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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.