Comments by "红火树 RedFireTree" (@firetree2007) on "Expectations from India's union budget 2024 | India News | WION" video.

  1. In 2023, India's total government spending was ₹45 trillion (approximately $540 billion)​ (Wikipedia)​. For 2024, the budget has been set at ₹45.03 trillion (approximately $543 billion)​ (India Gov)​. With so called 8% growth, the government spending is only increased 0.5%. total government spending of China in 2024 is about $4 trillion (more than total India 2023 GDP), a strange thing is, even though China's GDP in number is 4.6 times of India, however, on spending, China is 7.37 times of India
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  2. Modi in 2019 promised to create 100 million jobs in manufacturing, reality is , India lost 30 million jobs in manufacturing since that time. Harvard Business Review reported "Less than half of the 950 million working-age population is actually employed""Bleak as this statistic is, the reality is worse. According to the Periodic Labor Force Survey, some half of all those workers are self-employed, a category that includes “unpaid helpers in family enterprises,”___Harvard Business review, by Bhaskar Chakravorti July 19, 2024,
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