Monday, February 9, 2015

India's 2014/15 GDP growth estimated at 7.4 pct y/y under new methodology


Manufacturing sector looks weak...all official figures of GOI shows nothing has improved..

However..GDP has been improved nicely...and forecast is good...only because of number change..nothing has improved in India..

House Rent Remains Same
Electricity Expenses Remains Same
Educational Expenses Remains High
Food Items are increasing day by day (nothing will come down)
Worst part : we are paying money for drinking water also.

In top of that...GDP is growing....where is the growth on Individuals...?...Think....Think....Think..

This is another way presenting the number with jugglery of number game..

Conclusion : Don't give much importance to this number and no way telling you the truth of the Economy...just ignore and read the technical numbers in the chart and trade.


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