5 Questions on India’s Q2 GDP Answered | Will India See A Slow Growth In FY25? | Indian Economy
India reported a dismal 5.4% GDP growth in the second quarter of FY25. Growth has now declined for the third consecutive quarter. Economists had anticipated a slight slowdown, but this sharp decline caught everyone off guard.
But what led to this decline? How does rest of FY25 look?
Watch to know more!
#india #nirmalasitharaman #gdpgrowthrate
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She thinks taxes are the only part of economy the rest is tamil and onions arrogant lady!
Apart from demonetization, Indian FM is the reason for BJP to not get majority. And BJP learn nothing. India has no law to disclose how much RBI and Indian government banks are looting from freezing common people accounts. Tax and banking RED tapes are increasing heavily. While in entire world you can handle banking remotely, except in India. Every 3 months they freeze your accounts without any reason and no remote KYC. We need another Narshima Rao and Manmohan jodi to finish last 10 years MODI created red tapes around banking.
Illiterate finance minister.
India is a corrupt country and will remain poor till we implement #PoliceReforms
Maybethe actual GDP is even lower as the formula for GDP calculation was changed by Modi gov to new base year of 2011 and so it reflects a higher number.
This data is incorrect. Please are happy. They dont bother about gdp etc…give them 1500 per month and tax the middle class for money..the rest 95% who doesnt pay tax are happy . There are two groups who are happy 1.flithy rich 2. Poor people…for rich, inflation doesnt matter. For poor, 1500 rupees and 5 kg rice is enough. Both these groups suck blood of middle class , take their hard earned money and vote for religion based politics…
Masjid k neechey GDP.MILEGA 😂😂😂
India if there was no loan
Make in India and clean Ganga 10 years over what happened will the ji sit and discuss or hide behind pre recorded video
As long as she is our fm India is doomed
Income inequality + taxation of everything = low consumer confidence
Jai useless BJP
people giving expert comments on improving gdp…govt experts jhak maar rahe hai
After more than 3 decades of liberalization, India should have been a 10 trillion dollar economy by now. However, India has not even reached the 5 trillion dollar GDP figure, at least officially. Unfortunately, high tax rates has encouraged tax evasion, especially by the business class. The salaried middle class end up bearing the burden of high taxes. High tax rates for the middle class is also a big obstacle for increasing spending on consumption. Traders & business community pay low or no taxes through presumptive taxation scheme. Whereas, salaried middle class have no way to escape the tax burden. The current exemption limits are not realistic considering the cost of living, especially in urban centers. The government must revise the exemption limit to Rs.12 lakhs & Rs.18 lakhs under the old & new regime respectively. Subsequent slabs must have a difference of at least 6-12 lakhs each. This will increase income declaration, which in turn will increase the GDP figures.
The implementation of PAN 2.0 will be a good step, even though it is at least a decade late. The PAN number should be automatically issued once a person enrolls for Aadhaar. PAN 2.0 must be used to link both tangible & intangible assets & liabilities of all the assessee's. The details should reflect in the assessee's income tax PAN login to reflect transparency. OTP must be used as a medium to link both assets & liabilities. This will reduce benami properties to a certain extent. The introduction of bhu aadhaar is also a good step. The details must be linked with PAN 2.0 in the future. The government must also cap the exemption limit from agricultural income to 1 crore. This is necessary to prevent conversion of black money in to white money/declared income, especially by the political class.
Vishwachela
BLAME MODI AND ANDHBHAKTS NOT SITARAMAN!
I am so glad that I did my degree and got my first job both in Congress rule. Now everything is gone to sh*t!
I expect a 8-9% in Q3.. bcoz the sheer spending in October due to Diwali was huge this time.. i hope we do better.. but govt must must focus on tax rate cuts.. nd RBI must cut repo rate too..
Reduce or stop stupid freebies. The SC has also told it's bad also why can't the RBI atleast tell the govt to stop freebie policies?
Give loans to all great business ppl and lay off them , So that banks will get closed….To compensate that increase the tax from middle class ppl with no beneficiaries….There are other states also except Gujarat..
It's just started
7.4 what a joke 😂😂
If agriculture is doing well why is the price of vegetables increasing day by day?
Nirmala tai: Rupee is not falling, Dollar is becoming stronger..🤦🏻♂
Inflation is skyroketing,
Unemployment too high,
Taxation too high
even 5.4% growth rate seem not real
Only NRI'S are happy under BJP rule as rupee hits low value 😂😂😂
Middle class people gone but What about beggars 😂😂😂
Tax bator kr krte kya he ye log
No rocket science if you want to just take some steps below.. for government it will be short term pain:
Rationalisation of personal and GST tax system by lowering taxes
Rate cut by RBI
increase capital expenditures
General elections is the root cause of the low growth. Government is significantly underspending its infrastructure budget. Plus land, labor and legal structural reforms are nowhere to be seen. Finally, 60-70% of India’s GDP is from its cities. But the cities in India are so inefficient with expensive transport costs, poor roads, waste and sanitation management etc leading to tremendous loss in productivity. All these need to be fixed for India to get back to decent growth rates. Even then, India won’t grow fast as mass consumption in the west is on the decline. Indian rupee is also depreciating meaning importing machines for production becomes expensive. Look what happened to the bullet train project- India can no longer afford the Shinkansen train sets due to significant rupee depreciation.
Unpad Raja thinks if Adani and Jayshah becomes billionaire gdp will grow
Duniya ki sari right wing government tax reduce karti hai aur e bharat ke BJP sarkar har jagha tax increase karti hai wah re bharat ki right wing government.
1. No income tax is applicable for income less than 20lakh rupees in a year.
2. Lowering GST for food essentials including all kind of products.
3. Lowering interest rate for Housing sector and Personal finance
4. Implement free health care for all.
5. Lowering LPG , PETROLEUM prices
6. Lowering Toll rates
7. Lowering Local body tax all kind of tax.
8. Implement One nation one tax to improve the economy