India Economy Thread

[Aghor Warrior]

Remind you: Modi has already been in power for 12 years. It seems his greatest achievement is making Hindus' IQ decline:

Year	China GDP (trillion USD)	India GDP (trillion USD)
2014	10.67	2.04
2015	11.28	2.10
2020	15.00	2.67
2025	19.50	3.96
2026	20.85	3.99

i was talking about PPP GDP not nominal

 

[poetess]

And you’re genuinely worried about India’s GDP and how we’re handling our problems? You have India’s best interests at heart? How touching. A BD/UK citizen with an axe to grind, dressing up point scoring as concern and clutching at anything that makes her feel better.

And you’re genuinely worried about India’s GDP and how we’re handling our problems? You have India’s best interests at heart? How touching. A BD/UK citizen with an axe to grind, dressing up point scoring as concern and clutching at anything that makes her feel better.

When your GDP becomes a number the world uses to measure your power, getting the methodology wrong stops being a domestic problem

Your rebuttal are like your Samosa Jets. Like little birds falling outta the sky.

 

[poetess]

We wish we could care less about your trust issues with India’s GDP numbers.

Your skepticism isn’t exactly a statistical methodology.




Why Global Credit Agencies Are Suddenly Raising India's GDP Growth Outlook

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

https://www.dawn.com/news/2032035/asian-development-bank-keeps-pakistans-growth-forecast-at-37pc

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

 

[poetess]

Just dont trust , focus on your country economy . Dont derail the thread .

Don’t worry, I’m not derailing the thread. I’m following the GDP numbers all the way down to where they come from.

 

[jr_pdf]

i was talking about PPP GDP not nominal

You have no purchasing power. Coal, oil, natural gas, gold, industrial goods—most of everything in the world, tangible and intangible, you need to import. The purchasing power parity index is the most laughable. The vast majority of your goods are more expensive than China's.

China vs. India: Essential Commodity Price Comparison (September 2026)​

Item	China (CNY)	India (INR → CNY)
Rice (1 kg)	Retail price approx. 2.8 – 3.0 yuan	Average retail price approx. 45 – 62 INR (approx. 3.2 – 4.4 yuan)
Eggs (1 piece)	Retail price approx. 0.6 – 0.8 yuan	Retail price approx. 8.5 – 9 INR (approx. 0.60 – 0.64 yuan)
Cooking Oil (1 L)	Soybean oil approx. 12 – 13 yuan; rapeseed oil approx. 15 – 16 yuan	Mustard oil approx. 190 – 210 INR (approx. 13.5 – 14.9 yuan); refined oil approx. 155 INR (approx. 11.0 yuan)
Potatoes (1 kg)	Average wholesale price approx. 2.3 – 2.5 yuan	Median wholesale price approx. 14.7 INR (approx. 1.04 yuan); retail approx. 20 INR (approx. 1.42 yuan)
Onions (1 kg)	Average wholesale price approx. 2.5 yuan	Average retail price approx. 53.8 – 54.2 INR (approx. 3.8 – 3.85 yuan)
Tomatoes (1 kg)	Wholesale price approx. 2.2 – 3.2 yuan	Average wholesale price approx. 25 INR (approx. 1.8 yuan); government-subsidized retail price 80 INR (approx. 5.7 yuan)

Key Notes​

• Data basis: China prices are mainly wholesale market averages; retail prices vary widely by region and channel. India prices distinguish between wholesale and retail; retail is usually higher.
• Exchange rate: Converted at 1 INR ≈ 0.071 CNY (September 2026).
• Onion price gap: India's average retail price (approx. 3.8 yuan) is significantly higher than China's average wholesale price (approx. 2.5 yuan), and has risen nearly 94% year-on-year.

 

[GatlingGunZ]

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

Its above your pay grade. IMF has verified and praised methodology using which India corrected its GDP by -3.5% for overestimation during 2012-23 and provided latest 2026 numbers.
Now dont act as broken record.

 

[jr_pdf]

Its above your pay grade. IMF has verified and praised methodology using which India corrected its GDP by -3.5% for 2012-23 duration and provided latest 2026 numbers.

This also proves that the IMF, for over a decade, has not had the ability to verify Modi's fabricating data

 

[vasanthm]

When your GDP becomes a number the world uses to measure your power, getting the methodology wrong stops being a domestic problem

Your rebuttal are like your Samosa Jets. Like little birds falling outta the sky.

It certainly seems to be a problem for BD and Pakistan I suppose nobody pays much attention to your GDP figures...

 

[GatlingGunZ]

This also proves that the IMF, for over a decade, has not had the ability to verify Modi's fabricating data

There is no fabrication of data. It's just about adding Double Deflator in equation.
Ironically your China still doesn't use double deflator in its GDP calculation.

 

[jr_pdf]

There is no fabrication of data. It's just about adding Double Deflator in equation.
Ironically your China still doesn't use double deflator in its GDP calculation.

Modi's propaganda is always so wonderful. Whenever the GDP growth rate cannot reach the imagination, he starts using all kinds of beautiful terms to manipulate the data.
frequent revisions by India’s government statistical agencies did not stop, and they sparked multiple rounds of controversy
2019: The government raised fiscal year 2016-17 growth from 7.1% to 8.2%, and raised fiscal year 2017-18 growth from 6.7% to 7.2%.
2021: Initial estimates of total 2021 GDP were adjusted multiple times, from an initial $2.9 trillion to $3 trillion and then to $3.17 trillion.
2022: Fiscal year 2020-21—the first pandemic year—was revised upward from -7.3% to -6.6%, while fiscal year 2019-20 growth was revised downward from 4% to 3.7%.
2024: Fiscal year 2023-24 GDP growth was substantially revised upward, from an initial 8.2% to 9.2%, a 100-basis-point increase.
2025–2026: The GDP base year was again updated, to fiscal year 2022-23, and new methods such as the IMF-recommended “double deflation” approach were adopted. However, under the new method, nominal GDP for the second quarter of 2025 was revised down by 6 trillion rupees (about $63.5 billion). This “technical downward revision” was criticized by former Finance Minister Subhash Chandra Garg and others as a means of artificially inflating the year-on-year growth rate for 2026, and they called it a “statistical trick.” Garg noted that, excluding this revision, real growth in the second quarter of 2025 might approach zero.

 

[c14-Isotope]

Modi's propaganda is always so wonderful. Whenever the GDP growth rate cannot reach the imagination, he starts using all kinds of beautiful terms to manipulate the data.
frequent revisions by India’s government statistical agencies did not stop, and they sparked multiple rounds of controversy
2019: The government raised fiscal year 2016-17 growth from 7.1% to 8.2%, and raised fiscal year 2017-18 growth from 6.7% to 7.2%.
2021: Initial estimates of total 2021 GDP were adjusted multiple times, from an initial $2.9 trillion to $3 trillion and then to $3.17 trillion.
2022: Fiscal year 2020-21—the first pandemic year—was revised upward from -7.3% to -6.6%, while fiscal year 2019-20 growth was revised downward from 4% to 3.7%.
2024: Fiscal year 2023-24 GDP growth was substantially revised upward, from an initial 8.2% to 9.2%, a 100-basis-point increase.
2025–2026: The GDP base year was again updated, to fiscal year 2022-23, and new methods such as the IMF-recommended “double deflation” approach were adopted. However, under the new method, nominal GDP for the second quarter of 2025 was revised down by 6 trillion rupees (about $63.5 billion). This “technical downward revision” was criticized by former Finance Minister Subhash Chandra Garg and others as a means of artificially inflating the year-on-year growth rate for 2026, and they called it a “statistical trick.” Garg noted that, excluding this revision, real growth in the second quarter of 2025 might approach zero.

Revisions are a normal excersize in any country, must be a new concept for jobless wumaos but not for the world

 

[jr_pdf]

Revisions are a normal excersize in any country, must be a new concept for jobless wum

Every revision cuts the previous year's GDP to make the current year's growth rate look prettier. How marvelous! For an Indian like you whose dreams are about to shatter, rediscovering the great power of Modi the wizard—that must be quite a concept