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JazzyNoodle
JazzyNoodle
Stealth

Indian Century✊️

Earlier someone was very skeptical about Bharat growing at 7+ %. Here you go.......live long enough to witness the journey Like I said (1.07)^50 = 29.45 times current GDP

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TwirlyPenguin
TwirlyPenguin
Stealth18mo

Thanks to Manmohan Singh policies

WigglyMochi
WigglyMochi
Oracle18mo

Thanks to Sardar Patel for uniting the country together and forming a nation. Let's go down history and celebrate everything🤦‍♂️

JazzyNoodle
JazzyNoodle
Stealth18mo

@dodgy_dave was this sarcastic?😅
If not can you please list 3 policy changes that had a huge impact on Indian Economy?

CosmicDumpling
CosmicDumpling
Stealth18mo

So where are the jobs? Looks like layoffs are working like a charm.

JazzyNoodle
JazzyNoodle
Stealth18mo

The jobs are in mildly skilled Hard labour work, significant amount of people here are from Tech industry. The majority of this growth comes from Infra spending(infra spending has 2.5x multiplier on economy) and export driven. There is actually shortage of candidates for these jobs out there, many msme's are on hunt to find right candidates.

Jobs are in another sector

CosmicDumpling
CosmicDumpling
Stealth18mo

Yep. Its Infra on the rise. There would always be a shortage of skilled labour as a lot of folks have skewed their interest towards the non hard skilled side

SquishyQuokka
SquishyQuokka
Gojek18mo

There will always be a debate so as to whether currency depreciation is leading to a part of GDP growth.

But we take what we got and onwards we move. ❤️

JazzyNoodle
JazzyNoodle
Stealth18mo

I think maybe you mistook the above mentioned figure for Nominal GDP growth. Sorry for not mentioning the details, I just wanted to clarify that the above mentioned figure is of Real GDP growth. So we are on track considering inflation, deflation, currency fluctuations everything into account Bharat is on rise❤️

CosmicQuokka
CosmicQuokka
Paralleldots18mo

how does gdp growth impact me as an regular gareeb naukar slogging away life for survival, is this figure something to be celebrated?

JazzyNoodle
JazzyNoodle
Stealth18mo

🥲🥲We become better gareeb naukars compared to other countries. Jyadha kamayenge lekin saath me jyadha karche bhi honge

CosmicQuokka
CosmicQuokka
Paralleldots18mo

Hmm okay then onwards and upwards we go 💪

BubblyBoba
BubblyBoba
Samsung18mo

Per captia income adjusted to inflation and currency depreciation is a better metric.

Although india is rising , it's not as rosy as gdp growth indicates. IMO GDP doesn't provide much insight.

GroovyBoba
GroovyBoba
X (formerly Twitter)18mo

That's not how GDP growth numbers work.

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> Be the capitalist Ok, just need a "small loan" of 100cr from my ultra rich family

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Curious to know how you know all this? Do you have any survey or research to base this on?

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