India's GDP falls to it's lowest in 6 years

Why can't India ever surpass China?

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It does not wrongly report it's figures?

Rampant corruption in politics, finance and bureaucracy. Bhakts still defend demonitization.

India is still at least a few decades behind China in terms of development. If the Indian economy slows now, it will be difficult to recover. Are democratic countries simply incapable of Chinese level of development or is it just Modi?

>Are democratic countries simply incapable of Chinese level of development
Fuck off, Chang.

gdp didnt fall, growth fell.

"Chinese level of development" is literally just random numbers the CCP makes up and reports as its figures.

Can't blame Modi for everything, although his party certainly isn't part of any prospective solution. The issue is that labor in India is incredibly cheap. And outside of big cities, like Mumbai and Bangalore, life for the average person is practically feudal in character. How can you expect actual development and equitable growth when it's practically impossible for many people to campaign for higher wages or attain a basic education?

I was recently in a part of India which is partially controlled by Maoist rebels. A lot of the locals believe in the government's potential to better their lives, but have yet to see any evidence of it. There are no hospitals, no proper police services or paved roads. In many villages, teachers might show up to class once in a month (or not at all, depending on the season).

Investment in human capital is critical for growth. But India's attempts to invest tend to be geared towards publishing statistics rather than actually empowering people to earn respectable incomes and pursue new educational opportunities. There's a lot of talk about how 'X' percentage of Indian villages have electricity--but many of those villages don't have constant electricity connections. One of the sites I visited was given solar panels via government scheme. But it was monsoon season, so the panels rarely received enough sunlight to provide more than a couple hours of powers each day--if that. The rest of the funds for the project probably ended up in some cunts' pockets.

Projecting. Democracies progress slower than single party states simply because leaders lack the power to do so. When you switch a president every half decade, it's incredibly hard to get anything done especially since the next president could just undo everything the last president achieved.

This is sort of true, although it's difficult to draw an exact conclusion. One has to have faith in the system--whether it be democratic or authoritarian--to maintain people's best interests.

India just has a lot of problems and a lot of corruption. Something like half the Lok Sabha has active criminal cases against them, many for rape, murder and bribery. Less than a decade ago, the current ruling party of West Bengal was actively working with a designated terrorist organization to oust its at-the-time opposition.

That's actually quite interesting. Perhaps it's more of a cultural issue than a political one. Thanks for the post.

Women ruin everything.

(hint: India's finance minister)

Not really. The world bank and CIA can get a pretty accurate assessment of China's GDP through information from China's trade partner rather than China's number itself.

The idea that China can just randomly make up numbers and report it as growth is asinine.

If China export 1 billion dollar of goods to the US, it will be record on both the US side and the Chinese side, any obvious discrepancy will be immediately caught.

It's a mixture of both. I think you'll find there's a tendency to focus on clan betterment--even to the detriment of the wider community--in many societies which are either impoverished or have recently escaped from poverty.

Not to blame everything on colonialism, but much of India's inefficiency stems from systems which were preserved from the British era. How can you expect rapid development from a country where the government is modeled after a system which was built to accelerate resource extraction to the detriment of its constituents? In the United States and many other Western countries, government jobs have a reputation as being poorly compensated. In India, hundreds of thousands of people compete for a scarce handful of public servant jobs every year--because as a public servant in a massive bureaucracy, you're uniquely situated to take bribes and leech off government grants.

Your right, but when your economy is so shitty 5% growth is almost nothing. Especially since there population is still growing massively. India is probably going to be in the low income trap. Too many people, too little resources with no political will.

That only applies to foreign trade, any domestic growth is impossible to verify.

Not true. Some data isn't reported domestically. They aren't able to self report things like GDP growth or CO2 emissions. They can, however, self report things like IQ.

Because India is no longer an Aryan nation. In fact, the original Aryans of India have died out long ago.

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The figures aren’t wrongly reported, the system which they use to calculate just inflates the numbers heavily. Plus they aren’t street shitters.

gdp growth =/= gdp
you american retard

There GDP figures are probably right, but they are piling on debt to do it.

all of the reasons presented here about how shitty india were true 6 years back too, no body is explaining why its 5 now.

pol intellectuals are dumb fucks

it's always darkest before the dawn, just wait until january 1st

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Because it's too large to be governed properly and is a cucked democracy. It will never be China-tier.

Contribute to the conversation, faggot. We don't all have PhDs in economics.

What are the 5 then?

To add to this; another way the outside world gets GDP data from China is looking at their energy consumption, the more GWh they consume, the higher their internal GNP. And unlike their financial numbers, the energy numbers can't be fudged (well, unless China has a giant grounding rod in Tibet or something).

He's saying 5% growth, not five reasons or five years.

If Aryans are the only reason India is underdeveloped, then why is Pakistan so shitty if they have more indo-Aryan blood?

Once you fill in enough data point from import and export, then you can get a pretty accurate domestic estimate. Once again, any large discrepancy will be a glaring red flag.

Daily reminder that ancient Indians were flying spaceships when wh*teoids were still wearing loincloths and banging rocks together.

They're Muslim.

this.
my grandpa sargon of akkad reported seeing many indian spacecrafts when he went to alpha centauri

And they didn't notice.

>India's GDP falls to it's lowest in 6 years
Like it makes a difference.

Thank you, based Abbasid brother.

>tfw go to Iraq six years ago
>tfw get free shawarma at every restaurant

see

AHEM
Superpower by 2020

hope you had fun bro

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Then why are they now shitting in the streets?

Was just there for a week. Pretty boring, honestly. I took a cab from Duhok to Mosul and then Erbil. Thought the driver was going to kill me. Dude was nearly 7 feet tall and didn't say a word until we got to Erbil, then he started sperging out and pointing at every luxury car we passed and screaming "Range Rover!" and "Audi!"

Good so less immigrants

>Dude was nearly 7 feet tall and didn't say a word until we got to Erbil, then he started sperging out and pointing at every luxury car we passed and screaming "Range Rover!" and "Audi!"

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Most likely but I also think they overstate their growth and GDP to a small extent.
The keyword here is large. Obviously the vast majority of growth is legitimate and they have become a very wealthy nation overall. That being said I wouldn't be surprised if they were fudging certain indicators. Many average Chinese people are heavily invested in their stock market and they therefore still have a vested interest in maintaining an appearance for said speculators.

Makes since, if the Chinese govt. want 6.2% GDP the report will say 6.2% GDP growth. Even though it was 5.6% or something.

Indian anons, do you realistically see India as a nation existing beyond the next 20 years? I know next to nothing about Indian politics, but it seems like just in the US the people, culture and priorities differ vastly depending on where you are in the country. I doubt someone living in Kashmir REALLY gives a fuck what happens to someone in Tamil. And visa versa. Realistically, what are the chances of India breaking off into several, more manageable states?

Jow Forums gives pajeets a lot of shit, but honestly they're the only intelligent and useful group that's moved to the US in numbers in the last 30 years. Open businesses where other people won't, usually super friendly and helpful. I even like when they take H1B jobs because I'm poor and like watching tech nerds lose their careers, for schadenfreude reasons.

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Greatest economical growth in all of history was post-war USA

>it seems like just in the US the people, culture and priorities differ vastly depending on where you are in the country

As an American who lives in India and has visited about 50 other countries: you're over-estimating the United States' diversity. In India, languages, religions, alphabets and landscapes change from one state to the next here. There are parts of India wherein hundreds of thousands of people live under parallel governments set up by armed guerrillas, and others that are near-indistinguishable from high-rise complexes in the West.

Nevertheless, India isn't likely to disintegrate anytime soon. Delhi got away with yanking 370 in Kashmir precisely because most Indians view Kashmir as a dissident state--one full of separatists, Radical Muslims and anti-nationalist traitors.

The most restive, unhappy parts of India tend to be those with the least political influence and least ability to rebel in any way that could or would meaningfully challenge the centre's authority.

>Push to cashless society in a democratic society
>Cash abolished
>Politicians have nothing to lose by increasing taxes non stop

I wonder why the economy is slowing down.

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India has a different temperament, different approach to technology and work. It will stay a more rural country, probably more oriented towards services than industry.

>rural country
>oriented towards services

hmmm

>Why can't India ever surpass China?
It's a mystery

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Don't worry about India man, we will survive over this, honestly this will never change anyone's lives.

Except for the Kashmiri girls about to get KALLU'd by BIMARU.

Force feed them pork like chinks do in xinjiang

it says GDP grew by 5%, not that GDP is the lowest its been in 6 years. are you stupid? do you not understand the difference between GDP and GDP growth?

But it's still quite low for an underdeveloped country, especially one with such a large population.