Indian Economics Thread II

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MortyandRick

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Does being a realist make me racist? So be it. I'm not politically correct like you. I have no issues with spelling out the truth.
That is racist! Disguising as a "realist". So then by that logic, the west is genetically superior to Asians and especially chinese cause they were ahead?!?

Indians have a lot for intelligent people. But it's the structure and organization that determines success more than smart people.
 

Blitzo

Lieutenant General
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Let's just be realistic and say things as they are. Chinese people are of a superior genetic stock than Indians. Chinese are smarter, harder-working, more ambitious and innovative than Indians. This is why China and India are where they are today.

Yeah, no.
Six month warning ban for this.

One year on next violation, permanent on next after that.



If that is what you believe is called being a "realist" then go be "real" somewhere else. It is not acceptable here.
 
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Nobo

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More investors are betting on India. But not all of it is worth the hype, according to analysts​

investors have been buoyant about India after its 13.5% gross domestic product growth in the April-June quarter. It is, however, lower than last year’s 20.1%, and lower than a Reuters poll’s expectations of about 15.2%.
It is also one of the few economies in the Group of 20 nations that suffered a contraction in the second quarter.

Shrinking GDP forecasts​

GDP growth forecasts for India for 2022 have continued to decline, whittling down to about 6% in light of global headwinds such as rising interest rates, which raise the prospect of recession. The U.N. Conference on Trade and Development said India’s GDP growth would slow to 5.7% in 2022, after hitting 8.2% for 2021. For 2023, it is forecasting a lower growth rate of 4.7%.
But in research conducted to test Modi’s $5 trillion goal last year, Deloitte India said that though the country is a favored destination for foreign direct investments, it has to enact more reforms for that goal to be met.

The report highlighted the need for more FDI in the manufacturing sector, adding that the bulk of investments were driven by the services sector, with manufacturing attracting only about third of the money that goes into services.
Business leaders in India’s real estate, industrial, and utility sectors find it particularly hard to invest there thanks to low institutional stability and inadequate infrastructure.

Then , you read this

Modi has plans to make India a $5 trillion economy by 2024-25, while Adani said at a recent Forbes conference in Singapore that India will go from a $3 trillion economy to a $30 trillion one in the next 25 years.
lol1.png
 
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