Chitchat More ah nehs are coming to steal jobs.... CECA pAP pride...

[tanwahtiu]

They laughed at CCP dictatorship and bragged democrazy and now use CECA...

 

[winnipegjets]

SINKapore is already conquered by Ah Nehs. Anytime, Modi can send a few millions here and the PAP will do nothing.

 

[A Singaporean]

Nothing new. PAP has always put foreigners first.

 

[meepokboy]

Look at what CBC has turned into and one will understand the gravity of the situation

 

[GOD IS MY DOG]

goooooood what..................more of the 70% will lose their jobs.............it's good when you get what you voted for mah...........

 

[whoami]

With the present virus spreading, economy hard hit. MIW would conveniently blame the virus. The more sinkies would vote for MIW. Kiasi, kiasu. Merdeka!

 

[Leongsam]

They laughed at CCP dictatorship and bragged democrazy and now use CECA...

This cannot be so. Just a year or so ago it was declared that India is the fastest growing economy in the world poised to pass the UK economy in 2020.

Someone is lying here and needs to be POFMAd immediately so as not to mislead the public with falsehoods that could undermine confidence in the world economy.

https://invstr.com/indian-economy-boom-commonwealth/

India’s economy set to overtake UK – knocking it from The Commonwealth’s top spot

by Invstr 18 Apr, 2018

The Gateway of India in Mumbai. Credit: Jean-Pierre

This week Britain is playing host to the leaders of The Commonwealth nations. As the event takes place, the UK will still hold the crown as the largest economy out of the 53 countries included in the lineup, but by the time of the next meeting in Malaysia in 2020, it’s almost guaranteed that India’s economy will have surpassed Britain’s in size. It will be a change that symbolises the tectonic shifts in the world economy, as Asia’s booming nations continue to challenge the economic dominance of the West.

Currently India stands at number 6 on the International Monetary Fund (IMF) world GDP rankings, with a GDP of over $2.26 trillion behind Britain’s $2.61 trillion, but bullish forecasts from both the World Bank (WB) and IMF suggest India will cruise comfortably into 5th place behind Germany in the next 2 years. The WB forecasts 7.3% growth this year for India’s booming economy, up from 6.7% last year, while IMF pegs it at a slightly more upbeat 7.4%. This will make India the world’s fastest growing economy in 2018, surpassing China.

But it’s not only India’s current shorter-term (1-2 year) growth prospects that should be cause for excitement, not least for investors in Indian equity markets. The longer-term equation looks equally lucrative. The Indian economy has plenty of room for future growth. Putting aside any external tailwinds from problems elsewhere in the world which could affect global trade and investment, India has the recipe for success including:

– A rising middle class which is spending and investing more
– A young population (more than 65% below the age of 35) with more and more people entering the workforce, growing the pool of labor available for companies.
– A massive rural population that currently has low access to digital services and infrastructure, but with a government that is pushing to create a digital revolution in India, this segment will become ripe for ecommerce companies like Amazon and Flipkart to make a killing.
– A stable government that has launched a flagship health insurance scheme to cover over 100 million families, while also pledging to invest large sums in the agricultural sector (the most important sector of the Indian economy accounting for 18% of India’s GDP which employs 50% of the nations workforce).

The IMF said today that India needs to address weaker aspects of its labour market and reform issues in its financial sector. With these issues solved, more jobs will be created and banks will feel more comfortable lending, both adding yet another stimulus to an already rapidly expanding economy.
With this in mind, there has never been a better time to invest in India’s thriving stock markets. Read more about how you can do that through Invstr by checking out our blog post here.

Britain will now be looking to secure an even closer partnership with India, (which was referred to the ‘crown jewel’ of its empire in the colonial period), especially given the need it has to establish new trading relationships post-Brexit. It is likely that trade will be a key factor of discussion as representatives from both nations, and all other members of the Commonwealth community representing over a quarter of the world’s population, meet in London this week.

 

[Annunaki]

please Don’t be Xenophobic later my fat fuck chiobu Kirsten han angry again!

 

[Hypocrite-The]

Commentary: India is facing twin economic and political crises
The growth slowdown in India has been dramatic, while politics takes an aggressively disturbing turn, says the Financial Times' Martin Wolf.
FILE PHOTO: An aerial view of the Delhi skyline shrouded in smog, in New Delhi, India, December 8, 2019. REUTERS/Anushree Fadnavis/File PhotoBookmark
LONDON: India is undergoing another transformation. The India I first visited, in the 1970s, was impressively democratic — with the exception of the period known as the Emergency imposed by then Prime Minister Indira Gandhi between 1975 and 1977.
But its economy grew too slowly. After the balance of payments crisis of 1991, India introduced radical reforms.
Over the next two decades its economy became faster-growing, while the political system remained robustly democratic. After the global financial crisis, however, growth slowed.
India’s politics is also now moving towards an aggressively illiberal form of majoritarianism. These twin changes are not for the better.
OVERSTATED GROWTH
Arvind Subramanian, a former chief economic adviser, has co-authored a paper on the post-crisis slowdown.
It notes that every important indicator — investment, credit, profits, tax revenue, industrial output, exports and imports — has weakened sharply since the financial crisis. Yet overall economic growth has supposedly risen.
This contradiction persuaded him to challenge the reliability of official estimates of economic growth. His conclusion was that the overestimate of growth between 2011 and 2016 averaged about 2.5 percentage points annually, which would lower average growth to somewhere around 4.5 per cent.
If true, this has been really poor. Alas, there is worse.
POOR GROWTH PERSISTS
The economy has been slowing even more dramatically in the recent past, even on the official statistics. These show that growth of gross domestic product slowed to just 4.5 per cent, year on year, in the third quarter of last year.
Wedding planners have taken a hit as the Indian economy slows AFP/Indranil MUKHERJEE
Growth may now turn around. But the slowdown has been dramatic, comparable even to what happened in the crisis of the early 1990s.
READ: Commentary: Why Bollywood is going against the Indian political establishment
Today, argues Mr Subramanian, a vicious spiral is at work: high interest rates, weak economic growth and poor profitability are worsening debt burdens and so aggravating the problems of financial and non-financial corporations.
The government’s response seems to be to deny the evidence of a slowdown.
A discussion at the ministry of finance last week suggested that the reaction is the sort of managerialism I remember from my work on India for the World Bank in the 1970s: protectionism, higher government investment, lending targets for banks and direct assistance to exports.
It is impossible to believe that such actions will resolve the deep weaknesses behind recent growth failures. Good economic policy is hard.
LOYALTY FOREMOST
As the Indian economy becomes more complex and advanced it has become even harder. It requires reliable data, world-class expertise, independent advice and open debate.
Economists had expected the Reserve Bank of India to hike its key rate as Asia's third-largest economy grapples with a plummeting currency. (File photo: AFP/INDRANIL MUKHERJE)E
Instead, the best advisers have mostly gone and policymaking has, by all account, been concentrated within the prime minister’s office.
Everybody else is expected to show loyalty, above all.
Rahul Bajaj, a well-known Indian businessman, has even accused the government of “creating an environment of fear”. In the short time I was there last week, I found many agree with him, if only privately.
READ: New Delhi is world's most polluted capital for second straight year: Study
It is essential for India’s future that growth be raised back above 7 per cent and that this growth be both employment-generating and environmentally friendly.
This is a huge challenge. It will demand cleaning up the bad debt, raising savings and investment, improving international competitiveness, in a more difficult external environment, and bringing about reforms in agriculture, education, energy and a host of other important areas.
WITH GREAT POWER COMES RESPONSIBILITY
The current government does at the least have the mandate it needs to revitalise the economy and so opportunities for better lives for all. That mandate is also due to Prime Minister Narendra Modi’s indubitable political talents.
Relatives of those, who died during clashes with police following protests against a new citizenship law, sit inside a house in Meerut, in the northern state of Uttar Pradesh. (Photo: Reuters/Adnan Abidi)
But knowing how to use such a mandate is no less vital than being able to win it. One alternative to the hard road of making good economic policy is making dramatic gestures, such as demonetisation, or botched reforms, such as the introduction of a far-too-complex goods and services tax. An even easier alternative is reliance on identity politics.
That seems to be the current choice. The crackdown in Kashmir, the explicit discrimination against Muslims in the new Citizenship Amendment Act, the proposed national register of citizens, in a country with notoriously bad documentation, and the apparent intention to deport Muslims who cannot prove their right to stay, do together suggest a transformation of the Indian polity.
So, too, is the free use of labels like “traitor” for those who disagree and “sedition” about those who protest. It is quite clear, surely, that the transformation of India into another “illiberal democracy” is long-intended.
Little wonder US president Donald Trump admires Mr Modi. They play the same game, but Mr Modi’s majority gives him more cards.
India has now come to a watershed.
Its powerful government can either focus its efforts on reinvigorating the economy or it can proceed with a transformation of an imperfect liberal democracy into something very different.
It is easy to understand the appeal of this dangerous project. But we must hope that Mr Modi will listen, even now, to the better angels of his nature.
Martin Wolf is chief economics commentator at the Financial Times, London. He was awarded the CBE (Commander of the British Empire) in 2000 “for services to financial journalism”.
Source: Financial Times/sl (ml)

 

[tanwahtiu]

India growth escalated when they decided to start compulsory education of All children regardless of caste level. Remove caste somemore. The growth begin when education boom bring teachers jobs and build more schools infrastructures. All wells and so good economy boom...

Then come IT economy and fit India growth of educated Indians enter job markets.

But Indians being Indians, go back to pray their Indian Gods for next miracle to happen. Manufacturing are hard work nobody wants to do. Products changed too fast in electronics engineering with Japan leading the electronics industry with Toshiba Jap AI automation of manufacturing.

Ah neh like to work in office jobs type bull shit here and there in office and IT seems to fit ah neh porfolios... lazy and cunning at cheating....

Education with no jobs creations in own country is useless. Ah neh failed miserably and this is their report cards today... go fuck themselves...

China succeded becos hardworking Chinese willing to take up manufacturing where others failed....

When u see a Chinese manufacturer coy they say 不行得 .... 还这还那 ... they help u redesign yr products to make it works.... to fit their production machine designed to produced the output with lesser costs to customers...

To follow yr design need new machine setup costs which cost more to customers.... so manufacturing need talents which ah neh dont hv but pray God Brahmin alot in India if y want black magic...

Commentary: India is facing twin economic and political crises
The growth slowdown in India has been dramatic, while politics takes an aggressively disturbing turn, says the Financial Times' Martin Wolf.
FILE PHOTO: An aerial view of the Delhi skyline shrouded in smog, in New Delhi, India, December 8, 2019. REUTERS/Anushree Fadnavis/File PhotoBookmark
LONDON: India is undergoing another transformation. The India I first visited, in the 1970s, was impressively democratic — with the exception of the period known as the Emergency imposed by then Prime Minister Indira Gandhi between 1975 and 1977.
But its economy grew too slowly. After the balance of payments crisis of 1991, India introduced radical reforms.
Over the next two decades its economy became faster-growing, while the political system remained robustly democratic. After the global financial crisis, however, growth slowed.
India’s politics is also now moving towards an aggressively illiberal form of majoritarianism. These twin changes are not for the better.
OVERSTATED GROWTH
Arvind Subramanian, a former chief economic adviser, has co-authored a paper on the post-crisis slowdown.
It notes that every important indicator — investment, credit, profits, tax revenue, industrial output, exports and imports — has weakened sharply since the financial crisis. Yet overall economic growth has supposedly risen.
This contradiction persuaded him to challenge the reliability of official estimates of economic growth. His conclusion was that the overestimate of growth between 2011 and 2016 averaged about 2.5 percentage points annually, which would lower average growth to somewhere around 4.5 per cent.
If true, this has been really poor. Alas, there is worse.
POOR GROWTH PERSISTS
The economy has been slowing even more dramatically in the recent past, even on the official statistics. These show that growth of gross domestic product slowed to just 4.5 per cent, year on year, in the third quarter of last year.
Wedding planners have taken a hit as the Indian economy slows AFP/Indranil MUKHERJEE
Growth may now turn around. But the slowdown has been dramatic, comparable even to what happened in the crisis of the early 1990s.
READ: Commentary: Why Bollywood is going against the Indian political establishment
Today, argues Mr Subramanian, a vicious spiral is at work: high interest rates, weak economic growth and poor profitability are worsening debt burdens and so aggravating the problems of financial and non-financial corporations.
The government’s response seems to be to deny the evidence of a slowdown.
A discussion at the ministry of finance last week suggested that the reaction is the sort of managerialism I remember from my work on India for the World Bank in the 1970s: protectionism, higher government investment, lending targets for banks and direct assistance to exports.
It is impossible to believe that such actions will resolve the deep weaknesses behind recent growth failures. Good economic policy is hard.
LOYALTY FOREMOST
As the Indian economy becomes more complex and advanced it has become even harder. It requires reliable data, world-class expertise, independent advice and open debate.
Economists had expected the Reserve Bank of India to hike its key rate as Asia's third-largest economy grapples with a plummeting currency. (File photo: AFP/INDRANIL MUKHERJE)E
Instead, the best advisers have mostly gone and policymaking has, by all account, been concentrated within the prime minister’s office.
Everybody else is expected to show loyalty, above all.
Rahul Bajaj, a well-known Indian businessman, has even accused the government of “creating an environment of fear”. In the short time I was there last week, I found many agree with him, if only privately.
READ: New Delhi is world's most polluted capital for second straight year: Study
It is essential for India’s future that growth be raised back above 7 per cent and that this growth be both employment-generating and environmentally friendly.
This is a huge challenge. It will demand cleaning up the bad debt, raising savings and investment, improving international competitiveness, in a more difficult external environment, and bringing about reforms in agriculture, education, energy and a host of other important areas.
WITH GREAT POWER COMES RESPONSIBILITY
The current government does at the least have the mandate it needs to revitalise the economy and so opportunities for better lives for all. That mandate is also due to Prime Minister Narendra Modi’s indubitable political talents.
Relatives of those, who died during clashes with police following protests against a new citizenship law, sit inside a house in Meerut, in the northern state of Uttar Pradesh. (Photo: Reuters/Adnan Abidi)
But knowing how to use such a mandate is no less vital than being able to win it. One alternative to the hard road of making good economic policy is making dramatic gestures, such as demonetisation, or botched reforms, such as the introduction of a far-too-complex goods and services tax. An even easier alternative is reliance on identity politics.
That seems to be the current choice. The crackdown in Kashmir, the explicit discrimination against Muslims in the new Citizenship Amendment Act, the proposed national register of citizens, in a country with notoriously bad documentation, and the apparent intention to deport Muslims who cannot prove their right to stay, do together suggest a transformation of the Indian polity.
So, too, is the free use of labels like “traitor” for those who disagree and “sedition” about those who protest. It is quite clear, surely, that the transformation of India into another “illiberal democracy” is long-intended.
Little wonder US president Donald Trump admires Mr Modi. They play the same game, but Mr Modi’s majority gives him more cards.
India has now come to a watershed.
Its powerful government can either focus its efforts on reinvigorating the economy or it can proceed with a transformation of an imperfect liberal democracy into something very different.
It is easy to understand the appeal of this dangerous project. But we must hope that Mr Modi will listen, even now, to the better angels of his nature.
Martin Wolf is chief economics commentator at the Financial Times, London. He was awarded the CBE (Commander of the British Empire) in 2000 “for services to financial journalism”.
Source: Financial Times/sl (ml)