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Jayant Mundhra
•

Dexter Capital Advisors • 2m

We are set to lose our fancied tag of “FASTEST GROWING ECONOMY” this year 📛📛 And we won’t have our media and business world talk about this. Thus, placing it out. Vietnam’s Government is going all out, having publicly announced that it shall “DRASTICALLY” push for 7% growth in 2024. And it has also said that it shall further speed up the disbursement of public funds to boost development, which shall help achieve another 6.5-7% growth in 2025. .. Now, compare that to our GDP growth numbers. Jan-Mar 2024: 7.8% Apr-Jun 2024: 6.9% Jul-Sep 2024: 5.4% And based on all major publicly available data points, we started off October too on a weak note. Thus, not only are we well on track to lose the FASTEST GROWING major economy tag to Vietnam, the gap is only widening. Did you see anyone in the media report this? That Vietnam will be the fastest growing major economy this year, and not us? Sadly, you and I both know the answer 🙏🙏 ..

14 replies28 likes

Replies (14)

Anonymous 4

Stealth • 2m

Bhakths will be pissed off. But the reality is that India didn't have a centrist capitalistic party

0 replies

Prabhu G S

Stealth • 2m

[This post has been deleted by the creator]

2 replies2 likes

Anonymous 3

Stealth • 2m

What about the size of the economy? It might seem that Vietnam is running ahead in the short term but over the longer horizon, I'm bullish on India

0 replies2 likes

Liki

Stealth • 2m

lemme cook

0 replies

Anonymous 2

Stealth • 2m

GDP obsession is overrated

0 replies5 likes

SHIV DIXIT

Stealth • 2m

start-ups are growing at 30% by 2030

1 replies1 like

Anonymous 1

Stealth • 2m

Vietnam is setting the bar high, but let's not forget India's size and scale. Sustaining growth in a trillion-dollar economy is much tougher than in a smaller one.

0 replies3 likes

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