Comments by "红火树 RedFireTree" (@firetree2007) on "India Budget 2024: Decoding economic roadmap; focus on fiscal deficit | World Business Watch" video.
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a country's strength, mainly depend on how much money they can spend for the military and education, R&D, ......the US budget is about $6.2 trillion, 24% of its GDP, China, $3.7 billion (more than entire year of India GDP) , 22% of its GDP, UK budget, also 22.5% of its GDP, so above 20% is the typical budget for a developed country, India? about $550 billion, which is 16% of GDP, or it is only 1/7 of China's budget, this budget with 5.5% deficit, which means, the money collected as tax is not enough for it, if it is also 22% of India GDP, then India real GDP is $2.5 Trillion
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