India Economy Thread

[GatlingGunZ]

“‘Verified and praised’ is an interesting interpretation of an IMF report that literally lists the methodological weaknesses. I suspect the IMF may have forgotten to praise the bits it criticised.

You can read latest statement word by and sulk in corner. Don't get stuck with old report like broken record .

"The latest GDP release incorporated both a new index of industrial production, and a new producer price index series, and those two new series should help improve India's GDP estimates," said Julie Kozack,Director of the Communications Department at the IMF

 

[GatlingGunZ]

Do these institutions still believe in Modi's '$5 trillion economy'? The great Modi first laid out this ambition at the National Development Council meeting in June 2019, then formally announced it as the core national vision of his second term in his Independence Day speech on August 15, 2019. The original target was 2022, later pushed to fiscal year 2024-25—but neither was achieved, and officials no longer even mention the goal.
Modi's great achievement. A hell-like geopolitical predicament, and today fanatical Hindus are still agitating to annex Nepal.

"These institutions " ??
Ask your own higher rank wumao boss. You embassy believes in Indian economic growth.

 

[c14-Isotope]

what? Tell me loudly. Where is the World Organ Harvesting Center, the World Child Prostitution Center, and the World Dalit Center?

The same location as World Jianmin Center

 

[Jaeger]

I asked about the methodology. You gave me the number. That rather proves my point.

I didn't give you a number ..ADB, Fitch, S&P and Moody's did.

Please present your question regarding Indian GDP growth rate to them.

https://www.ndtv.com/business-news/global-credit-agencies-raise-india-gdp-growth-outlook-moody-fitch-jpmorgan-12085359?pfrom=home-ndtv_topscroll#goog_rewarded

 

[jr_pdf]

"These institutions " ??
Ask your own higher rank wumao boss. You embassy believes in Indian economic growth.

LOL It's fine that u believe the diplomatic rhetoric from a hostile country's diplomatic agencies. I'd still like to hear how you explain the great Modi's $5 trillion target:

The great Modi first expounded this ambition at the National Development Council meeting in June 2019, and then in the Independence Day speech on August 15, 2019, formally announced it as the core national vision of his second term. The initially set target time was 2022, later adjusted to fiscal year 2024-25, but both failed to be realized, and at present the official side no longer mentions this goal

 

[Jaeger]

Do these institutions still believe in Modi's '$5 trillion economy'? The great Modi first laid out this ambition at the National Development Council meeting in June 2019, then formally announced it as the core national vision of his second term in his Independence Day speech on August 15, 2019. The original target was 2022, later pushed to fiscal year 2024-25—but neither was achieved, and officials no longer even mention the goal.
Modi's great achievement. A hell-like geopolitical predicament, and today fanatical Hindus are still agitating to annex Nepal.

Well when Modi gave $5 trillion GDP number back in 2019, no one knew that over next few years that Chinese are going to infect the world with Wuhan virus.

 

[Thinking_Hard]

It seems Malaysia is "looking" into buying Brahmos. If it does happen, what a beautiful ring we will build..

 

[Thinking_Hard]

Well when Modi gave $5 trillion GDP number back in 2019, no one knew that over next few years that Chinese are going to infect the world with Wuhan virus.

I am just waiting for round 2. You know it is coming sooner or later. World economy barely survived round 1.

 

[poetess]

I didn't give you a number ..ADB, Fitch, S&P and Moody's did.

Please present your question regarding Indian GDP growth rate to them.

https://www.ndtv.com/business-news/global-credit-agencies-raise-india-gdp-growth-outlook-moody-fitch-jpmorgan-12085359?pfrom=home-ndtv_topscroll#goog_rewarded

And we're back to the number again. I’m asking about the methodology used to produce it—not a list of institutions that subsequently used it. We appear to be going around in circles.

 

[poetess]

You can read latest statement word by and sulk in corner. Don't get stuck with old report like broken record .

"The latest GDP release incorporated both a new index of industrial production, and a new producer price index series, and those two new series should help improve India's GDP estimates," said Julie Kozack,Director of the Communications Department at the IMF

Excellent. We’ve progressed from ‘the IMF praised the methodology’ to an IMF statement saying the new data should ‘help improve’ GDP estimates. That’s quite an interesting definition of ‘nothing to see here.

 

[Jaeger]

And we're back to the number again. I’m asking about the methodology used to produce it—not a list of institutions that subsequently used it. We appear to be going around in circles.

DO you know, what methodology Fitch, S&P or Moody's use to calculate a country's credit rating? Have you ever questioned them on their methodology?

If not then why do you question them on their GDP growth rates?

 

[Thinking_Hard]

DO you know, what methodology Fitch, S&P or Moody's use to calculate a country's credit rating? Have you ever questioned them on their methodology?

If not then why do you question them on their GDP growth rates?

Sigh...What prompts you guys to slam your head against a wall, again and again?

 

[jr_pdf]

Well when Modi gave $5 trillion GDP number back in 2019, no one knew that over next few years that Chinese are going to infect the world with Wuhan

Move your Modi brain. The Indian variant virus has already passed for 5 years. It will soon be 2027. Where is the 5 trillion?

 

[poetess]

DO you know, what methodology Fitch, S&P or Moody's use to calculate a country's credit rating? Have you ever questioned them on their methodology?

If not then why do you question them on their GDP growth rates?

Yes, I question methodologies when they are relevant to the claim being discussed. This thread is about India’s GDP methodology, not how Fitch, S&P or Moody’s construct sovereign credit ratings. If you want to open that discussion too, I'm perfectly happy to read the methodology.

 

[jr_pdf]

Sigh...What prompts you guys to slam your head against a wall, again and again?

Every Hindu infected with the Modi virus is a professional wall-banger.

Year	Slogan/Initiative	Meaning	Outcome
2014	Make in India	Encouraged manufacturing in India, aimed to become a global manufacturing hub	Failed
2014	Swachh Bharat Abhiyan (Clean India Mission)	Nationwide cleanliness campaign aimed at eliminating open defecation	Failed
2015	Beti Bachao, Beti Padhao (Save the Girl Child, Educate the Girl Child)	Addressed gender ratio imbalance, promoted girls' education and empowerment	Failed
2017	New India	Vision announced in Independence Day speech, aimed at building a New India by 2022	Failed
2019	$5 Trillion Economy	Core economic goal of the second term	Total failure
2020	Atmanirbhar Bharat (Self-Reliant India)	Launched after the pandemic, emphasized domestic industry and reduced import dependence	Total failure
2024	Viksit Bharat 2047 (Developed India 2047)	Latest core vision	Desperate political boasting