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India''s GDP falls to 6.7% in FY09


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ashok sharma
who cares
by ashok sharma on May 29, 2009 12:05 PM

this gdp and bla bla mean only for common people.politicians are enjoying thier life by keeping crores of crores rupees in their swiss account.Is MMS govt will try to do something to get black money back........No because his ministers also having account in swiss bank.We have to fight another battle of freedom to free our country from corrupt politicians...
JAIHIND.

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Guest
Liar Liar Pants on Fire......
by Guest on May 29, 2009 12:03 PM  | Hide replies

Congress chors should have realized this by now. The GDP is still lower it is somewhere around 5%.

OECD and World Bank all this while were saying that the GDP is lower, however Manmohan Singh the politician hoodwinked the nation keeping in line with this treacherous party Congress.

Friggin Wild Liars.

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S Shrikanth
Re: Liar Liar Pants on Fire......
by S Shrikanth on May 29, 2009 12:53 PM
It is as suspicious and manipulated as the figure of inflation.

The claim that inflation is at 0.61%. The fact is that prices of essential commodities like Rice, Wheat, Vegetables has gone up by 30% in the last one year.

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carryon
Re: Re: Liar Liar Pants on Fire......
by carryon on May 29, 2009 01:03 PM
Inflation figure may be correct. Because its not calculated over fiscal year. Its calculated over exactly 1 year back prices. And 1 year back from now, the prices were already up and we were hovering around 2-digit inflation figure.
Thats why Inflation figure has no meaning alone. Impact of inflation can be considered alongwith GDP and consumer spending.
Bottomline is economy is too critical now and the recovery is anticipation only !!

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chintan jhunjhunwala
easy
by chintan jhunjhunwala on May 29, 2009 12:02 PM

it is easy to deliver when the going is good.the real leadership is to deliver a higher growth when the chips are down.the congi leadership does not have the courage of wholesale changes in economic management for india specific requirement which will lead to higher growth.western economic practices which runs purely on speculation will keep on failing as growth is on the basis of non existent assets.just imagine lending a dollar twenty times and that also to morons who have no wherewithal to payback,just to show higher growth and take back fat bonuses.

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Vinal Gandhi
The method of collecting figures!
by Vinal Gandhi on May 29, 2009 12:01 PM  | Hide replies

How does one calculate these figures? Govt. of India has a Statistics Board which collects Industrial Output as well as Employment figures by contacting the industries. They hardly contact 10% of the companies and concoct the remainder.The figure of 6.7% is highly suspicious and a large contribution has come from Agriculture output.Besides, the IIP has been falling since January and now treading in negative.

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S Shrikanth
Re: The method of collecting figures!
by S Shrikanth on May 29, 2009 12:52 PM
It is as suspicious and manipulated as the figure of inflation.

The claim that inflation is at 0.61%. The fact is that prices of essential commodities like Rice, Wheat, Vegetables has gone up by 30% in the last one year.

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Poopa
Check out CNN IBN
by Poopa on May 29, 2009 11:48 AM  | Hide replies

it says GDP grew "by" 6.7% ...ha..ha..all are a bunch of jokers...

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satish jhaldiyal
Re: Check out CNN IBN
by satish jhaldiyal on May 29, 2009 12:08 PM
you are a fool.... it definitely grew by 6.7%. apply common sense

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Poopa
Re: Re: Check out CNN IBN
by Poopa on May 29, 2009 12:31 PM
Sorry mate, the joke is on you..the GDP in the previous years was in the range of 9%, so when it comes down to 6.7%, it does not grow, it comes down.

Secondly, when you look at a year in isolation, you do not say, it grew by , it grew 6.7% is correct..

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Chaya Pandyan
No Problem
by Chaya Pandyan on May 29, 2009 11:44 AM  | Hide replies

Who says our Economy is in Problem !!!1

Sensex is rising day by day, after this news
it is up by 300 !!!!!!!



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carryon
Re: No Problem
by carryon on May 29, 2009 11:52 AM
Are you purchasing at this level?

after 5 days of budget declaration, i want to hear from you.

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Lopesh S
india needs NDA
by Lopesh S on May 29, 2009 11:42 AM  | Hide replies

these psuedo secular congis will never appreciate that... festering thing is these buggers delayed these projects... Golden Quadrilateral is delayed only because of UPA now Mamta joined them so she won't allow land for constructing roads... so MMS govt. should change the route of golden quadrilateral ... it should be built without Bengal..
MMS govt. has enjoyed the growth for which NDA has built the foundation...
MMS govt. should roll their sleeves & spend govt. money to build proper infrastructure so that India will have sustainable growth...

India needs a strong nationalist party BJP to govern India. Our international relations are at all time low. This country is surrounded by enemies. Pakistan, Bangladesh, China. Relations with Srilanka and Nepal have taken U turn now. Our strongest ally Russia is keen to gel with China then us. All we have is business relations with USA (in favour of USA) and thats it. MMS Govt is feeling proud of Nuclear deal and ignoring everything else. The situation inside the country is worst than even. Maoist and ULFA in north-east, Orissa, Karnataka, Nepal etc. J&K is bleeding as always. Terrorist strike all around the country.
No No for congress thank you very much. Congress is complete failure in my view. BJP should be in otherwise this nation might reach at such a juncture that it will be all down hill there won't be any coming back.


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SAURABH SINGH
Re: india needs NDA
by SAURABH SINGH on May 29, 2009 12:07 PM
forget everthing i mean they came to power with tagline of aam admi.. first let them provide roti kapda makan .. people without reservations like me who earn just enought to fulfill day to day demands must be taken care of. i mean price sof rice is 34 - 35 RS pulses etc going beyond our reach.. if we plan to take loan for our home rate are not decreasing INTREST RATES STILL AT 10 - 12 % simply putting figure in paper & telling that things are changing don't work ...they should help common people in achieving there goals then only COUNTRY will progress...

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ashok sharma
Re: india needs NDA
by ashok sharma on May 29, 2009 11:59 AM
what u had quoted is very true.But unfortunately we had to face mms govt for further five years and worse to come?

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arup dey
Re: india needs NDA
by arup dey on May 29, 2009 11:49 AM
the congfess has omly done bad to the country

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Lopesh S
Re: Re: india needs NDA
by Lopesh S on May 29, 2009 12:06 PM
When they fail to deliver they will re-start debating on
Babri
Godhra
Kandhahar
Ramsena BajrangDal RSS


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Pankaj Vohra
Re: india needs NDA
by Pankaj Vohra on May 29, 2009 11:51 AM
I perfectly agree! Aur Lao congress aur desh ka bhatta bhitaao!

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arun punjabi
6.7 concoted
by arun punjabi on May 29, 2009 11:42 AM

6.7% growth is concoted. Actual figures will not exceed 5.5 to 6%

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Lopesh S
Just wait for minority appeasement package
by Lopesh S on May 29, 2009 11:41 AM  | Hide replies

Once massive stimulus package for minoroties are announced both will regret, namely:
those who voted for Congress and
those who did not vote at all

Jai Hind Bharatmata


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SAURABH SINGH
Re: Just wait for minority appeasement package
by SAURABH SINGH on May 29, 2009 12:11 PM
yes very true ... they will increase taxes & screw people who earn money by working hard. jsut becoz few families will generate 10 -12 childrens without income & people who plan there life & restrict there family to 4-5 will suffer as we have a sick govt who feel happy serving people who are beggers & dosen't even feel for people who work ...

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Sardar Patel
When they fail to deliver they will re-start debating on
by Sardar Patel on May 29, 2009 11:40 AM  | Hide replies

Babri
Godhra
Kandhahar
Ramsena BajrangDal RSS


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carryon
Re: When they fail to deliver they will re-start debating on
by carryon on May 29, 2009 11:49 AM
they are not failing to deliver.

They already delivered for a fail (upcoming)..

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Amey Joshi
Re: When they fail to deliver they will re-start debating on
by Amey Joshi on May 29, 2009 11:44 AM
What else slaves of Italian Kangressi can do? They are the most coward people on thiis earth.

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