Why Is India Still Poor Despite High GDP ?

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Why Is India Still Poor Despite High GDP ?
Let's delve into the intricacies of why India grapples with poverty despite its high GDP, shedding light on the multifaceted aspects that shape the country's economic landscape. Don't forget to like, subscribe, and share as we embark on a journey through the complexities of India's economic narrative. 🇮🇳💼 #india #economics #poverty #gdp #DevelopmentChallenges
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Arse burning so hard that my guy used only one word - IMPOVERISHED

χσχσ-νχ
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Is there no, poverty in No1 richest countrynUSA and No2 China., Go take a tour of these countries .

sriranga
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First of all the population is near 1 billion and not 1.4 billion as is being propogated, secondly the salaries and income of many indians is unknown to the govt so the whole gdp calculation is pretty inaccurate.
Digitalisation will pave way to clarity in numbers but consumption numbers in india are double of what is being reported.at least double.
Also imports from china have come down and are reported wrongly they are half the reported figure which itself boards well for indian gdp as it takes into account export minus imports
Frankly speaking indian gdp is close to 10 trillion dollars.
Considering the real value of usd is 30 rs a usd.then it should be around 25 trillion usd.
India is the biggest economy in the world.If they replace all chinese imports and that fr
om asean.
Its a big loss for india if we do trade with them without getting their market access for our goods.
They should either stop trade with us or give us their market.

cdysyqr
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जब चोर लुटेरे देश के नेता है तोह यही होना ही था अगर दुनिया के सबसे बड़ा और पहला अर्थवस्था होगा तोह भी यही होना ही है When thieves and robbers are the leaders of the country then this was to happen even first place If this is going to be the world's largest and first economy then this is will be to happen the same.

tashiyann
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first quote rightt nominal gdp number it's 4 trillion by the latest news and imf prediction but even if not 4 trillion it's etremely close

HarryCasanovadevilhunter
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Indian GDP ✅
Indian GDP per-capita ❌❌❌
Saar it's Chinese propaganda Saar.

fanaticcoder
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Because GDP is mostly eaten by Adani, Ambanis and not evenly distributed

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