దావోస్ లో కూడా భజన: మోడీ లెక్కలు చెప్తా విను

‪@ProfRamesh‬ is YSRCP Karyakartha
#proframesh #chandrababu #davos #narendramodi #indianeconomy
Chandrababu Speech n Davos
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GDP reached 2024 - 5th largest, 26 - 4th largest, 47-1st largest
GDP Expenditure Method and Output Method:
1. India’s economy witnessed a significant slowdown in Q2FY25, with GDP growth decelerating to 5.4%, (it was significantly below the Reserve Bank of India’s projection of 6.8%): India's economy grew substantially in 2023, with estimates showing a 7.3 per cent expansion due to high levels of capital formation.
2. Yet, private sector response was disappointing and disinvestment increased almost 29 per cent.
3. Reserve Bank of India to maintain policy rates for the eleventh consecutive bimonthly review in December, despite modest GDP growth in the first half of this fiscal year.
India’s real GDP would be 7.3 per cent during the 2023-24 financial year - the highest among the major economies. This estimate is higher than the IMF’s December 2023 projected growth of 6.3 per cent.
1. Private investment fell from over Rs 14 lakh crore (US$168.6 billion) in February 2023 to below Rs 2 lakh crore (US$24.1 billion) in October 2023 before recovering marginally to Rs 2.2 lakh crore (US$26.5 billion) in December 2023.
2. Between April-November 2023, gross foreign direct investment inflows declined by about 4 per cent compared to the corresponding period in 2022.
The government’s shift toward welfare schemes was clear from its 2023 decision to provide free grains to around 810 million impoverished people - about 60 per cent of the country’s population - until December 2028.
1. The government expects retail headline inflation to be marginally higher in 2024 at 5.4 per cent, increasing from about 4 per cent in 2023.
2. But the uncertainties in this regard have only increased, with food price inflation reaching 9.5 per cent in December 2023, compared to 4.2 per cent a year before.
3. Agriculture Sector 2.2% decline
4. apparel industry declined by over 20 per cent,
5. computer, electronic and optical products declined by over 15 per cent.
FM Nirmala Sitharaman has attributed the weak Q2 performance to a "one-month blip", suggesting it is a temporary deviation rather than a sign of a structural slowdown.
1. 2024 RBI: FY22: Net financial savings of households stood at 7.3% of GDP. FY23: This figure dropped significantly to 5.3% of GDP The average net financial savings rate for the ten years preceding FY22 was around 8% of GDP.
2. Rising unemployment in India in 2025 is a significant economic challenge
3. US fiscal policies, interest rates, and global trade relations could have ripple effects across the global economy, including India.
4. energy markets could keep crude oil prices elevated, potentially breaching the $100 per barrel mark. For a country importing 80% of its oil requirements, this would lead to higher transport and manufacturing costs, further pushing retail inflation beyond the Reserve Bank of India’s comfort zone of 4-6%.
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5. Gross fixed capital formation (GFCF), a key driver of economic growth, slowed down to 5.4%.
6. This was partly due to slower government capex utilization, which was at 37.3% in the first half of this year, lower than last year’s 49%.
7. Petroleum product exports experienced a consistent decline across all three months of the quarter, averaging an approximate 30% contraction
8. total export growth slowed to 2.8%.
9. On the production side, gross value added grew by 5.6% in the second quarter, down from 6.8% in the previous one,
Mining contracted by 0.1%, while electricity and other utilities grew by just 3.3% (a sharp decline from the previous quarter’s 10.4%).
The construction sector grew 7.7%
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