India Pulls Ahead - March 24, 2016
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The future is looking bright for India, and long-run success for India also pays dividends to the rest of the world. Nothing breeds success like success, and so maintaining momentum is becoming paramount. India stands out as an economy that bears watching, and one that promises much to those who participate in its success. Brought to you by Export Development Canada
Comments
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demonetization and GST will increase Indian GDP to 10 % from current 7.5 %
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Indian GDP(PPP) is expected to be more than that of the USA and EU combined @2050, together with China, a truly Asian century!
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china is growing 7% while chinese gdp 5 times larger than india , yet you say china is doing bad, lol.. Hope GST will pass in Rajya Sabha soon it's also about our national security interest
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if GST will be passed indian GSP can additionally grow 1.5%
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China achieving 7% growth from the base it currently is at is amazing. It adds the GDP equivalent of Holland every year a massive 869.51 USD billion last year.
With India expansion + the above, let's watch the commodity prices over the next 5 years explode again :) I'm in are you?
Oil 150 USD a barrel here we come (2020) !!! -
This year we will grow at 9%
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Avoid Imported Goods to increase GDP growth.....
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a country of 2.4 trillion USD GDP economy is nothing.... 7.5%growth rate mean nothing when the GDP is this small...what the hell this guy is talking about????
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hmm every indian like me will be happy if gdp get 10% mark. but many domestic bpo centres in west bengal pay only 5000 inr which is not sufficient for livelihood. underpaid employment is rampant here. so in context of what I have seen in a large indian state west bengal I can say that gdp is for industrial ists not for common men like us.
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Modi government is doing amazing job. Happy to hear this.
We will surely get 10% soon. -
higly balanced reporting, India growing but need to do a lot more to catchup on wasted years.
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India will soon be a world power
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I'm of Indian descent and quite proud of the achievements. Just think that we are merely catching up though. The GDP per Capita of India at PPP is still lower than that of all the other BRIC countries but we have much higher potential considering the demographic dividend, the creativity and pool of highly qualified labour
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^^^
Indonesia and South-East Asian countries are not competition, but co-option. China rose after the smaller areas of Chinese influence like the Tiger economies took-off. The Tigers were a precoursor to China taking off. Indonesia, arguably less so, and South-East Asian economies are the small boats that rise with the tide. The tide is India.
South-East Asian Malaysia and Singapore are already 1'st world economies. Thailand is getting there. The others like Myanmar/Burma, Cambodia, Laos, Vietnam (has done well on the back of China) are on the move. -
India will get 10% growth soon.
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china is growing 7% while chinese gdp 5 times larger than india , yet you say china is doing bad, lol
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