India Overtakes Japan as the Fourth-Largest Economy: Is the Excitement Justified? | The Wire
Since yesterday, India’s path to becoming the world’s fourth-largest economy, one that is projected to soon surpass Japan has made headlines and occupied national online spaces.
While the official change in rankings might still be a year out, most of the overenthusiastic mainstream media have already declared the inevitable.
Nonetheless, a nation’s economic story is rarely captured by its headline GDP alone. The Wire’s founding editor M.K. Venu discusses other metrics at play with Zeeshan Kaskar in this live discussion.
#thewire #live #india #gdp #indiajapan #japan #indiagdp #indianeconomy #economy
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49 Comments
NOMINAL GDP? Surprising u don’t talk of DEBT TILL I SAW THE VIDEO.
अगर जश्न मनाने की बात नहीं है तो विलाप करने की भी बात नहीं है।
ccording to normal calculations, it should be confirmed by the end of the year! Announcing it in such a hurry is to shift the focus.
DO U TRUST THE DATA PRESENTED BY THE IMF AND NITI AAYOG. THIS DISPENSATION IS POPULARLY UNPOPULAR ON DATA MANAGEMENT WHEN EVER REQUIRED.
Good reality check amidst all the clamor about total gdp ranking
😂😂little Japan thata was once destroyed by atmbms and mighty inri awith 15/ crore ppl😂😂I xan only laugh if anyone seems happy
Ge adani ambani birla se pahuncha hai, 100 crire aadmi rafion le pal raha, Aur joRashion Diya jata Hai uski quality check kar liya jaaye
Kya mazaak hai!!
40 trillionnbhu hi jae to aam admi ko koi faeda nahi
I don't trust these Bureaucrats anymore who have all become bhakts to save their pensions
This is the kind of restraint a mature and wise media channel or a mature person does. Don't immediately jump and thump after getting success. Analyse what that success is and whether such a success counts in real growth or is it just a pseudo growth. Just a few days ago my friend went to Japan and he is in awe saying we can't be like them even in the next 50 years!
Fourth largest economy? Okay that's awesome 👍🏻😀 Now let's talk about Per Capita Income minus direct and indirect taxex and India's ranking in other human and social indices. 😎
सब दावे झूठे हैं असलियत इसके उलट है।
आज की तारीख में जापान 2050 में जी रहा है और हम 2025 में भी पीछे जा रहे हैं 😂
What’s the use? India is 143 in per capita income. It’s still a very poor country. 😅
@venu the Japanese exposure to dollar conversion is locked and will not weaken the GDP in doll terms. But india is vulnerable to dollar and once doll starts strengthening ' INR will weaken and will impact the GDP in dollar terms.
Modi will give a free ration to 110 Crore people!
80 crore + Indians getting free rations, Why ? 😢😢😢
India 142 crores, Japan 13 crores. What is the big deal in GDP ? Has quality of life improved on ground is the hard reality check, each one must undertake.
Tumhari organisation ke liye nahi hoga….humare liye toh hai….
90% of India is living below sub-saharan conditions and lower per capita. 10% will cross Japan in fake GDP numbers next year but Bihar elections are now, thus the fake narratives. 😂 Body me jinke sindoor tha, ab lagta hai wo pani ho gya hai, wo narrative nai chala. BJP Pakistani agents ka adda ban gyi hai
Regardless. If the shadows of nuclear war is upon India no one is going to invest in such countries.
Mungerilal Ke Haseen Sapne
Khayali Pulao
A large number of population is not aware of the independence and still depend on govt. aid.
IMF does not have it's own data. Data is provided by Indian government. Whom are they trying to Fool?
Bhai why go in such a lengthy details, only andh bhakts will enjoy and celeberate for this nonsence comparision, Just look at the Per Capita Income of the world countries you will know who ranks above India and India rank above who.
Jhuth
जय भारत जय संविधान जय-जवान जय-किसान जय भीम विश्व में भारत देश चौथीं अर्थव्यवस्था बनीं होगी लेकिन उधोगपति मित्रों के लिए देश में आम आदमी के जीवन में कुछ परिवर्तन नहीं आया है और नहीं उनके हालात में कुछ सुधार आये है सत्य मेव जयते
Is some one secured just pass mark in the school where all other failed then what will we say.
Indian issue is not our economy.Main issue is distribution.I mean to say big difference between high income and low income.That means per capita income.
Before Bihar election India beame No 04 and Before UP election 27 Indias position willbe 3rd Economy of World after & 2029 q
I will be 01-🤩
Bharat to no. 1 GDP ban jayega lekin kya fayda sari dolat to 21per. Logon par hi Ameer to aur Ameer hoga par garibon ka kya hoga
Jpan – powerful n humble. Inda – weak and boastful
India has billions of people to feed , gdp means nothing when the majority of your population lives on $3 per day
नासमझ जनता को बेवकूफ बनाया जा रहा है। ये समझिए कि देश में जितने ज़्यादा लोग उतनी बड़ी GDP !
BHARAT per capita GDP में 140वे नंबर पर है ?
चाहे तो गूगल पर चेक कर सकते हैं
मुबारक हो सूत्रों से खबर लगी कि भारत चोथी अर्थ व्यवस्था बन चूंका है ✍️ ✍️ 🇮🇳 🇮🇳 लगता है हम भारतवासीयो पर नया ओर कोई टैक्स लगा है
Jhooti Sarkar Jhoote Vade,
Jhooti Baaton mein Janta ko ghumrah karna
Andhbhakt zyada khush mat ho jao
India's GDP should be at least 134 trillion to catch up with USA. Per capita GDP of India is one twelfth of Japan and one twentieth of Germany.
Per capita GDP ranking of India in the world is 140.
Look at the economic health of Indians.
Japan is a rich country. India is poorest.
Mad Modi only misleads everyone through his controlled media.
Can you interview Bashrat Peer please?
Common people are still struggling for jobs😢. All this are useless unless we get money in hands of people. Here govt is necoming tich not people. Lifestyle is devreasing with inflation day by day
Kapan di apni gdp 6 se 4. Par ayi hai na ki mulk ki increase hui hai..😅😅
😂😮😅😊
Comments are so wired 😂, as usual
How many Indian families earn enough to have some living say more than 3 lakh per annum at least?
So much unemployment so many engineers r sitting at home even iitians and in such a situation we r the fourth largest economy purely unrealistic
Comedy by wire
देश की अस्सी करोड़ जनता अपने लिए गेहू चावल खरीदने लायक नहीं है।
मज़ाक बनाना है तो बात और है।
Why china gdp is 2 largest but why there gdp per capita rank 74
I believe Modi govt forced YouTube influencers to show off Indian made luxury flats cars designer clothes jewelry fancy restaurants to create fake online prosperity of India. So that when govt releases false claims of India being No 4 then middle class voters be fooled easily n they won't question unemployment poverty starvation