Chan Akya: India looking good?

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neverfail
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Chan Akya: India looking good?

Post by neverfail » Sat May 25, 2019 4:04 am


Jim the Moron
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Re: Chan Akya: India looking good?

Post by Jim the Moron » Sat May 25, 2019 1:23 pm

As an aside, Chan Akya was - back in the pre-Cambrian - an active, informed, and entertaining participant on the old AT forums (as was Herr Spengler). The good old days . . .

neverfail
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Joined: Sun Dec 18, 2016 3:47 am
Location: Singapore

Re: Chan Akya: India looking good?

Post by neverfail » Sun May 26, 2019 5:57 am

I am impressed by these quotes:
Without much intervention, this is an economy that can coast along at a 6-7% growth rate for the foreseeable future; no mean feat for a $2.5-trillion economy.

Additionally, I expect Modi to strengthen and broaden infrastructure spending, which will add a further 1% to GDP growth in the next three years.
Wow! That growth rate is better than China's.

https://bluenotes.anz.com/posts/2018/08 ... om_to_grow

With a population size that almost matches that of the PRC (and growing faster); while India still has a way to go I can see this country one day matching the PRC as a customer for Australian exports.

A smaller country that has only one dominant external trading partner tends to become a dependency of that power. The smaller country that has two (or more) coequal partners is in a far stronger bargaining position. :)

Grow India, grow!

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