India’s Economic Growth Slows Down to 6.7% in First Quarter | Vantage with Palki Sharma
India’s Economic Growth Slows Down to 6.7% in First Quarter | Vantage with Palki Sharma
India reported 6.7% GDP growth in the first quarter of the ongoing financial year, compared to 7.8% in the last quarter. This is India’s slowest rate of growth in five quarters. What explains this slowdown in India? Is it a cause for concern? Palki Sharma tells you.
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India | GDP | Economy | Narendra Modi Firstpost | World News | News Live | Vantage | Palki Sharma | News
#india #gdp #economy #narendramodi #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
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42 Comments
Exactly. Desh ki tarakki ka matlab sirf Tata, Birla, Ambani, Adani etc. ki tarakki nahi hai, asli tarakki tab hai jab in sab ke bina bhi desh economically stable and progressive rahe. Sirf inke rehte economy stabilise hoti hai matlab yeh crutches banke reh gaye hai and inmese ek ka bhi hilna pure desh ke liye khatara hai (case in point the hindenburg mess). In this case these big conglomerate families become liabilities and not just strengths of Indian economy. Also considering the fact that to safeguard their financial interests they have to keep their “foreign” assets/businesses going, which is money taken out of Indian economy, yeh system safe nahi hai long term or short term, put money back into the civilians hands, no income tax for middle class people, let people keep their money and invest into Indian economy, middle class people don’t need to and don’t have to have Swiss bank accounts or condos in uk or usa, their money will go into Indian economy only .
Their first comparison is China..that shows that jealousy..
When passenger goes out from 🇮🇳 airport can immediately smell the stink smell, you go out airport you can see Indians are pooping around the drain.
You believe they will become superpower country?
The last line needs a separate episode
India will never be developed unless they abolish reservations
Doesn’t matters to common citizens as inflation is too high.
China has the smallest constitution in the world: no criminal escapes! India has the heaviest constitution: no criminal gets caught.
Look at the crowd at the government ration shop. These poor people come with a mobile worth Rs. 20,000 in their hands and sit on a bike worth Rs. 70,000 to buy rice at Rs. 2 per kg.
With a phone worth Rs. 50,000 in their hands and glasses worth Rs. 10,000 on their faces, these women get free bus travel in Delhi & Bengaluru.
The husband brings his wife on a bike worth Rs. 70,000 to withdraw Rs. 500 from his Jan Dhan account in the bank and asks when the next money will come. This is the beauty of our country.
In a country where a person who undergoes sterilization gets only Rs. 1500 and gets Rs. 6000 for the birth of a child, how will the population be controlled?
The salary of a Sarpanch ranges from 3000 to 5000, I don't understand from where do they get a Scorpio or Fortuner after 2 years? *This story is related to all public representatives. *
।।Corruption free India।।
Be a part of this campaign and send it forward.
Keep sugarcoating.. while frustrated educated middle class Indians moan silently
What else will happen if govts keep increasing taxes😮
Thanks fpr articulating figures explicitly
of course it will be lower , base was higher ( at 8.1%)
But we can buy groceries with digital payments. We are at 9% unemployment and it’s growing, it’s only that much you can make unemployed people in twitter
Coping hard palki Didi 😢
Idiots, government spending can't be the driver for an economy lest India will become so debt and taxes ridden that it won't be easy to survive
40-50% Transactions in India is without bills…So you can never identify real GDP…
For instance I spend some money for house construction, I have bills for 30% of spending ..Rest without bills
Cry.. I'm sure you send your kids to foreign country for studies.
American Deep State, They have a clear plan to topple this government. Slowly they are working on it…. Already they have completely dominated social media for Rahul Gundi as Prime Minister…. If Rahul Gundi become prime minister India will become American controlled colony like Ukrainian and Zelensky…
How about the poor people in India? Do you have data for that?
India's growth has not much meaning to global trade. India's trade with the world still only accounts around 2% of global trade. The so-called India GDP growth is just
1) growth due to population increase
2) heavy government spending on infrastructure with borrowed money from international institutions, notably New Development Bank, which was, ironically, funded by China for BRI. In another word, Indians trash talk about "debt trap" yet is the BIGGEST BORROWER from the "debt trap" banks.
3) change of GDP accounting policy in 2027 and 2019, with
4) Some level of FDI from the world, to try to get into the Indian market. But note that over 200K foreign companies have shut down their business in India last year. India is termed the "graveyard of foreign investment." The central government might "honey trap" the foreign companies to invest in India. But the local governments and local enterprises consider these newcomers as threats. So, eventually they would use water, electricity, land, tax, and labor issues to force these foreigners out.
5) Buying and selling cheap Chinese products. The trade deficit with China has reached record high, $680B last year.
6) Buying and selling Russian oils … with worth rupees. Even Russians complained that these paper money can buy nothing as India produce not much for global trade.
Most critically, India has not made any progress in capturing any growth sectors, be it computer chips, EV cars, AI Robotics, Pharma, and many other areas. It is just doing MORE of the Same Old Same. But soon, the limiting factors of electricity, water and environment, both political and natural, will catch up with this growth. Will quantity transform to quality? We don't know. Let's see.
Palki is definitely bias
Is there same component are use to calculat GDP as on 2009-14 is there any change if yes what they are
Thanks for the information.
Fake news
印度太谦虚了,印度在2020年就已经是超级大国了,没必要这么努力,只需要放放牛,静静的等待2047年就可以了~
There is still a long way to go ,, let's hope for the best
It’s just the start. India will collapse this year.
Its an election period when big government projects have to be halted so it was always going to be lower…now government has settled down the next 3 quarters should see a boost
Dear Vantage with Palki Sharma Team,
I hope this letter finds you well. I wanted to reach out to express my appreciation for the insightful coverage provided on your show regarding India's economic growth slowing down to 6.7% in the first quarter of the ongoing financial year.
The analysis presented by Palki Sharma shed light on the factors contributing to this slowdown, and raised important questions about whether this trend is a cause for concern. As a viewer interested in global affairs and economics, it was enlightening to hear about the impact of world events on India through a uniquely Indian lens.
I admire the approach taken by Vantage to challenge conventional wisdom and present alternative views on global affairs. By going beyond the headlines to uncover hidden stories, the show truly offers a destination for thought-provoking ideas.
I look forward to tuning in to Vantage for more informative and thought-provoking discussions on a wide range of topics. Keep up the great work in bringing diverse perspectives and engaging content to your viewers.
Thank you for your dedication to delivering quality news and current affairs coverage.
Best regards,
[S.Mithun Madesh]
Advantages of Saudi Arabia's Growing Ties with China
* Economic Diversification: By strengthening its relationship with China, Saudi Arabia can reduce its reliance on oil, a volatile commodity. This aligns with its Vision 2030 initiative.
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* Technological Advancement: Partnering with China can help Saudi Arabia gain access to advanced technologies and expertise, which can boost its economic development and competitiveness.
* Market Access: China's vast market offers opportunities for Saudi Arabian businesses to expand their operations and reach new customers.
Disadvantages of Saudi Arabia's Growing Ties with China
* Geopolitical Concerns: The U.S. and other Western nations may view Saudi Arabia's closer relationship with China as a threat to their interests, potentially leading to strained diplomatic relations.
* Technology Transfer Risks: There is a risk that sensitive technology could be transferred to China, potentially compromising national security.
* Economic Dependence: Overreliance on China could make Saudi Arabia vulnerable to economic shocks or changes in Chinese policies.
* Human Rights Concerns: China's human rights record has been a source of criticism, and Saudi Arabia's association with China could damage its international reputation.
In conclusion, Saudi Arabia's growing ties with China offer both advantages and disadvantages. While the economic benefits are significant, the geopolitical and technological risks cannot be ignored. Saudi Arabia will need to carefully balance its relationships with different countries to ensure its long-term security and prosperity.
No God kings for India this generation sorry India you are far too opposed towards the one and only.. there are not two of what I am.. there are non equal marks on hands to mine..
India number one! Sorry, number zero!
70 billionaires in one year crazy!
India should compare itself to Vietnam or ASEAN not US and China
Tax
India 😁😁
When China had a slow down in its economy, you predicted doom and gloom. It didn’t happen. But when India experiences the same, you only offer excuses. Such a hypocrite.
Anti India pr. start in comment section 😅😂😂😂😂😂😂😂😂😂
Anti India bot where r u come from 😅😅😂😂😂😂
I missed the point let's make india the worlds best health tech our contribution to humanity❤❤🎉🎉
Abhi aur slowdown hoga. Jobless growth is not sustainable and against economic fundamentals.
North India development is main reason for slowing down indian economy
Thanks for the cover up😂