Feed Post

Real GDP(GDP-INFLTATION) is what matters, My answer is yes,real GDP growth itself mean that the domestic production is increased which gives new opportunities/jobs and earning capabilities to all economic levels of society,but obviously the chances that it will benefit to ultra rich is High due to political & financial reasons in india,it is just like 2sides of the coin but one side shines more than another side at the end 😉.

Your anwer lies in GDP PER CAPITA metric , which is for now at lower side . Gov is taking several steps , but I believe in india there is deficiency of Skill among the youth . What you say?

Gdp growth is for country not for individual and I don't see personally any change in per capita unless some govt genuinely want to change it , rather I would say settle abroad make money and come back and have lavish life here

This is economic divide my friend!

Never man. These people talking about initiatives and all, it never reaches the people who actually need it. Only the top industrialists reaping the benefits along with the politicians.

while the Indian economy's growth is promising, the extent to which it will benefit people living below the poverty line in transitioning to the middle class remains a critical question. On top of that there have been cuts in certain areas like food subsidies and the fertiliser bill, which might impact vulnerable populations.

My whole ambition in life is and will be to impact in the lowest levels of the Indian Strata. Thats the goal, as you see the phrase “rich getting richer, poor getting poorer” is most popular in underdeveloped countries, as thats the truth. Per Capita income is 2000$, I believe 70% of urban cities have less than that. Acc. To the Indus Valley report by blume in 2024 there are about 30mn households in India with earnings above 12lpa. About 120mn people. Thats the most peculiar thing about our country, out of these only 30% pay tax , less than 10mn people give substantial tax compared to the top three. It’s completely messed up, funny and absolutely thrilling that ive got this mario life and i need to duck and dive, ultimately survive.

Not really. Someone in the parliament recently said, you put a bunch of random indians, keep adani and ambani with them and gdp increases, minus them it’s the reality. That’s actually the truth.