Comments by "红火树 RedFireTree" (@firetree2007) on "Indian Economy In 2025. Will Bad News Outweigh The Good News? | World Business Watch" video.

  1. India needs to keep above 7% of growth for continuous 22 years to reach 2024 China's GDP level, since India's growth already dropped below 7%, which means by 2047 India cannot reach today's China's GDP level, and will remain as a poor agricultural country.
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  2. The so-called "fastest growth" in recent years was largely driven by the BJP/Modi government's massive investments in infrastructure, including roads, bridges, airports, and more. However, no fundamental changes have occurred in the economy. Manufacturing, which is critical for growth and industrialization, saw its share of GDP drop from 17% before Modi to 12.8% in 2023. Similarly, employment in manufacturing, crucial for job creation, fell from over 60 million to about 27 million. Young people, unable to find factory jobs in cities, are forced to return to rural areas, which lack the conditions for fast growth. The infrastructure investments have not generated sufficient returns and are unsustainable due to the high costs of repaying interest on borrowed funds. In the 2024 budget, 25% of expenditures are allocated just for interest payments, significantly higher than the U.S.—a country with massive debt—where the figure is 16%. As one report highlighted, an IT master's graduate observed well-built roads in front of his house but lamented that he still couldn't find a job.
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  3. fastest growth means not much for the 90% of Indian at bottom since 1% of top Indians owns 40% of India total wealth, 10% of top Indians owns 77% of India wealth, in GDP terms, bottom 90% of Indian with GDP per capita about $750 a year, or $2 a day.
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  4. go to middle school to learn some math first to see how ridiculous you are
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  5.  @subramaniam9749  which hole of yours saw I said India must follow China???
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  6.  @Facts..Checker  no, you have no achievement. you are fooled, It highlights the total failure and the bursting of the so-called "fastest growth" myth. The reason for this failure is that the so-called rapid growth was driven by borrowing massive amounts of money to invest in infrastructure. However, this investment did not generate sufficient profits to cover the interest payments, making it unsustainable. The enormous debt burden has resulted in interest payments consuming 25% of the national budget for 2024—much higher than the U.S.'s 16%, even though the U.S. has a significantly larger debt. India would need to maintain a growth rate above 7% to reach China's 2024 GDP level by 2047. At the current growth rate, this goal is unattainable.
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  7.  @dasovietguy1945  ha :) what a BS, The United States' GDP per capita in 2023 was $82,715,To be among the top 1% of earners in the U.S. during the same period, an individual needed an annual income of at least $787,712.
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