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Friends I have analysed Growth Rate of Indian Economy based on following factors:
1) Growth in FY20-21
2) Past Growth from FY18-19 & 19-20
3) Various Governmental Reforms
4) Other Economic Indicators
Kindly Read the thread carefully.
1) Growth in FY20-21
2) Past Growth from FY18-19 & 19-20
3) Various Governmental Reforms
4) Other Economic Indicators
Kindly Read the thread carefully.
Growth Rate in Q1&Q2 for FY20-21 has been -23.9% & -7½% resp.
Growth Rate for FY19-20 was 3.1% overall while it was 6.8% in FY18-19.
According to my estimation, Growth Rate in next 2 Quarters of Current FY would possibly be double digit.
Growth Rate for FY19-20 was 3.1% overall while it was 6.8% in FY18-19.
According to my estimation, Growth Rate in next 2 Quarters of Current FY would possibly be double digit.
Growth Rate is expected to be above 13% or at least 10% in FY21-22 by various agencies.
Inflation would keep fluctuating between 3% to 5% as usual.
I have seen many people being happy on negative growth rate in last 2 Quarters and dancing that Modi ji's Target wouldn't be met.
Inflation would keep fluctuating between 3% to 5% as usual.
I have seen many people being happy on negative growth rate in last 2 Quarters and dancing that Modi ji's Target wouldn't be met.
I would like to tell them that according to my Economic Estimations, the Vision of achieving $5 Trillion Economy is possible by 2024.
Various measures like
1. PLI Scheme in many sectors
2. Aatmanirbhar Bharat Policy
3. Infrastructure Development
4. Corporate Tax Rate deduction
5. Credit facilities for MSME Sector
6. Land and Labour Reforms
These would help in Mass Industrialization over the coming years.
1. PLI Scheme in many sectors
2. Aatmanirbhar Bharat Policy
3. Infrastructure Development
4. Corporate Tax Rate deduction
5. Credit facilities for MSME Sector
6. Land and Labour Reforms
These would help in Mass Industrialization over the coming years.
If my Calculations go correctly then Indian Economy would be valued between $5.1 Trillion to $5.6 Trillion in 2024.
*Note: Growth Rate of Indian Economy is based on Stable Conditions assumed in the Analysis. Due to Favourable/Unfavourable conditions, changes may occur.
*Note: Growth Rate of Indian Economy is based on Stable Conditions assumed in the Analysis. Due to Favourable/Unfavourable conditions, changes may occur.
@oyemeeeet @shakti050 @BaliRockss @DrAVSharma @virajthakkar285 @TraderChirag @INSAF66700140 @Shreyas54125712 @sanghini_ @_Nishhhh_
Pls feel free to give your Opinions. It is a humble request that if I have made any mistake then do correct me as this is my first analysis so I would consider the mistakes in next analysis.
