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Dear contributors
Can someone reveal whether Maddison's estimates on India's share of global income, as cited in the colonial section, were based on PPP? These are fascinating figures, and we need to verify the methodology. Tony 14:15, 29 July 2006 (UTC)
Note: I've commented out the copyrighted news story pasted here verbatim from Times of India's website
[1]. --
Ragib
05:17, 10 August 2006 (UTC)
1>The GDP ranking is wrong. The world need not be accounted for. Hence the Rank becomes 5th from the present 6th.
Now the European Union also cannot be accounted for since the economy of various nations of the European Union is shown as different and in many places like in the Economy of France EU is unaccounted for. Either make the change in all the Economy of <countryname> or place the rank of India as 4th. Chanakyathegreat 09:22, 5 October 2006 (UTC)
2>The graph shows both Bangladesh and Pakistan for 1950,1960 and 1970 whereas Bangladesh got created only in 1971.Can someone explain how could the GDP of a non existing country is calculated?
The poverty point in India has declined to 22% in 2006. Please see the link - http://economictimes.indiatimes.com/articleshow/702850.cms Can some update the infobox.
Some of data given in the infobox is wrong. Even CIA world fact book has updated data. Can some please help me in umderstanding how to update the infobox. User:apurv1980 18:30, 11 December 2006 (UTC)
203.199.104.65 12:29, 3 January 2007 (UTC)WIKIPEDIA mentions in this article:
Prime Minister Indira Gandhi nationalised 15 banks in 1969, followed by six others in 1980, and made it mandatory for banks to provide 40% (since reduced to 10%) of their net credit to priority sectors like agriculture, small-scale industry, retail trade, small businesses, etc. to ensure that the banks fulfill their social and developmental goals.
ACTUALLY only 14 banks were nationalised in 1969 [19th July 1969 to be precise].
Source: Website of Reserve Bank of India
http://www.rbi.org.in/scripts/chro_1968.aspx
S.Ravindranath
Bank of India
Mumbai India
203.199.104.65
12:29, 3 January 2007 (UTC)
Indian Poors sacrifice their children for Prosperity.
http://www.expressindia.com/fullstory.php?newsid=79072
Parents sacrificing sons to be prosperous.
vkvora 04:37, 7 January 2007 (UTC)
Human sacrifice has always been an anomaly in India. Even 200 years ago, when a boy was killed every day at a Kali temple in Calcutta, blood cults were at odds with a benign Hindu spiritualism that celebrates abstinence and vegetarianism. But Kali is different. A ferocious slayer of evil in Hindu mythology, the goddess is said to have an insatiable appetite for blood. With the law on killing people more strictly enforced today, ersatz substitutes now stand in for humans when sacrifice is required. Most Kali temples have settled on large pumpkins to represent a human body; other followers slit the throats of two-meter-tall human effigies made of flour, or of animals such as goats.
http://www.time.com/time/magazine/article/0,9171,501020729-322673,00.html
http://www.newhumanist.org.uk/forum/threads.php?id=2220_0_23_0_C
The preceding unsigned comment was added by 59.184.161.148 ( talk) 05:40, 14 January 2007 (UTC).
These links:
Were added by an editor whose only contributions have been to promote the World Bank Group (doingbusiness.org is a World Bank Group project). We have recently uncovered significant edits promoting this organization (see this WikiProject Spam discussion). In the interest of our neutral point of view policy and conflict of interest guideline I've moved the links here for other editors to consider. I personally think that four data links from one organization may be overkill without competing points of view. Also, Wikipedia has articles on the Ease of Doing Business Index and the World Bank Group which may be more appropriate than an external link. Thanks -- Siobhan Hansa 14:04, 27 January 2007 (UTC)
Hi, Shouldn't we be covering the Economic Reforms instituted. They have had a massive impact on the Indian economy and we need to cover it.
Venkatesh 06:09, 30 January 2007 (UTC)
The article is wrong in stating that L&T is ranked #54 and higher than reliance, indian oil, etc. in the forbes listing. Someone probably got that number from one of the niche rankings forbes publishes and wrongly added it to this list. -- Blacksun 15:48, 30 January 2007 (UTC)
The following section:
Implies that the economy grew after 1980. According to the graph opposite, the GDP/Capita went down after 1980. Also, even accounting for the subsequent recovery, the growth after reforms doesn't seem greater than the growth before refroms. In fact it seems less.
I imagine that the graph is right, and the neoliberal propaganda is wrong. Can we do something about this? 87.194.30.86 13:35, 20 March 2007 (UTC)
I think that there are several ways that this article can be improved. 1. The name of the "Notes" section should be changed with the name of the "References" section. 2. The external links should be organized into "official" and "unofficial" branches, each one containing organized groups of organized links. 3. The introduction should be made shorter, with some of the information that would be cut away going to their sections. Johnsmithcba 19:52, 13 April 2007 (UTC)
I cannot find any information on this page regarding the average or median income for India. Where might that information be found. Shouldn't it be incorporated into this page... Discussion?
207.157.13.2
15:41, 11 May 2007 (UTC)
Image:Sbilogo.gif is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.
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Image:Reliance group logo.png is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.
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With the calculation currently there in the article, hyper inflation would lead to hyper GDP growth. An inflation rate of 100% would increase GDP growth by 100%, the way the math has been done there.
GDP growth numbers reported by the IMF, World Bank and UN agencies are based on dollars. The 2006/7 GDP growth of 9.4% for example is calculated from: (GDP in 2006 in rupees * dollar-rupee-rate in 2006) - (GDP in 2005 in rupees * dollar-rupee-rate in 2005)
This automatically accounts for rupee appreciation against the dollar.
Goldman Sachs is a reputed investment firm. You can't question their economic reports without substantial backing.
Image:IndianBankNotes.JPG is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.
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BetacommandBot 04:07, 1 October 2007 (UTC)
I removed a huge block of text which disputed the Goldman Sachs report in excruciating depth. While interesting, it is original research and throws the article completely out of balance. The block may be found here for reference. — Ravikiran 16:48, 2 October 2007 (UTC)
Gunjan, please discuss here about that disputed block of text. My objections are stated above. It is original research and makes the article unbalanced. — Ravikiran 13:17, 3 October 2007 (UTC)
This issue has been on my to-do list for a very long time, and I completely agree with Ravikaran's analysis. To summarize:
Gunjan, I understand that you added your analysis in good faith, but I hope you will click on the policy links I have provided above and understand why the additions are inappropriate for wikipedia. If you disagree, feel free to discuss it on this talk page. Cheers. Abecedare 00:33, 4 October 2007 (UTC)
OK - hope you guys listen to this, because this is the last straw, and my faith in the sincerity of the people maintaining this page (and not something driven by pure ego) has already fallen quite low:
1.Ravikaran- stop reverting the rankings - India is now the 3rd largest economy as of 2007 not 4th- read the Wiki data behind the link!!!! Be a bit less trigger happy about deleting content or reverting to old data before verifying stuff- unless you really want to kill this page and make it obsolete, or want to get blocked from editing because of 3RR.
2. Perhaps I might be less familiar with Wiki, but Ravikiran you need to be a bit more thoughtful before put sentences which don't make any sense or severely damage the page content (like the future economy is now a meaningless stubb and a huge gap in an article that talks about the second fastest growing and the third largest economy in the world -what a terrible decline in just 1 week- and thanks to the history we all know who is behind it!)- you even deleted reasonable stuff about Goldman Sachs report that was not even added by me. Just because you think it is not relevant does not make it so- remember that. You have to have a strong reason for going around deleting contents that have no errors in them- and fit well in the page. Remember- there are a lot of pages in Wikipedia that do not go beyond the superficial stuff- you don't want this page to end up there- just because knowledgeable people find it difficult to add any new content because of your hegemony.
3. The stuff I added was a summary of what I presented at the Linucon 2004 conference - it was my research but not "original research" (and had a link to that paper presentation). The historical data on decline of India's PPP were not even research -that was just facts- important ones in the context of the discussion. Oh, btw, having a PhD in Machine Learning from UT Austin, and having worked for S&P, Amazon and other companies as a financial modeler for a few years now- I "might" know more than you about macro-economics (not sure what your background is - but sorry to say Ravikaran, you do not seem to be able to grasp even basic concepts-from what I could tell from your toxic comments. It is a huge and unfortunate loss for this page having an unqualified zealot driving it. Taking advice from Wikipedia itself, I am now formally giving up wasting my time on it- as the Wiki page on mediating dispute suggests - move on... creat a new page, perhaps in the future some more reasonable editors who would be open to new ideas and facts glaring at their face that are relevant today, and who respect others as they would want others to respect them, will come along.
gunjankg 01:19, 5 October 2007, PST
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BetacommandBot ( talk) 19:43, 26 November 2007 (UTC)
Hi,
"An estimate by Cambridge University historian Angus Maddison reveals that India's share of the world income fell from 22.6% in 1700, comparable to Europe's share of 23.3%, to a low of 3.8% in 1952.[17] While Indian leaders during the Independence struggle, and left-nationalist economic historians have blamed colonial rule for the dismal state of India's economy in its aftermath, a broader macroeconomic view of India during this period reveals that there were sectors of growth and decline, resulting from changes brought about by colonialism and a world that was moving towards industrialisation and economic integration.[18][19]"
This statement is partisan, and only puts forth one point of view. The phrase "left-nationalistic economic historians have blamed" is a straw man, and the following statements seem to be cyclical ("changes brought about by colonialism" is presented as a counterpoint to "blamed colonial rule", while these two ideas are essentially the same). Much scholarship at Cambridge, Chicago, and other universities have put forth a more balanced view which factors in British mismanagement of the Indian economy and the use of poverty for political gain (ex. Easterly's "White Man's Burden"). I believe that there should be room for these viewpoints rather than airing just one rather one-sided one, and one that's from a unbalanced source (references 18, 19 are from OUP, and Oxford is not renound for allowing discussion of the negative aspects of colonialism). —Preceding unsigned comment added by 142.1.153.51 ( talk) 01:44, 11 December 2007 (UTC)
--Agreed, please add any solid references you have. Make sure they are watertight, because some people on here are only too happy to delete anything 'anti-colonial'. —Preceding
unsigned comment added by
92.10.192.78 (
talk)
09:36, 27 March 2008 (UTC)
After the liberalization of the economy, the poor has benifited the most. [5] Before the license raj, a limited amount of people who did business with the politicians, the politicians and those who started very early were wealthy. This has changed with the liberalization and the wealth distribution is getting even. This is a good sign of progress. Chanakyathegreat ( talk) 12:26, 30 December 2007 (UTC)
The page states that 59% of the total workforce of India was employed by the agriculture sector in 2016 and that 57% of the workforce was employed by the retail sector in the same year (2016). These stats are based on adding the indirect and induced employment to direct employment based on the source, but this is never indicated and seems more confusing than simply listing direct employment by sector. Plus the listed totals add up to far more than 100% which seems unclear. — Preceding unsigned comment added by 75.186.24.194 ( talk) 02:54, 23 May 2018 (UTC)
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14.139.226.50 ( talk) 11:43, 11 June 2018 (UTC)
Change the line in first paragraph of the page "It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP)" to It is the world's seventh-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP)." Recommended change is to the word "fifth" to "seventh" .
Reason for this : The hyper link mentioned for the "fifth largest economy" in the existing page states that India is at seventh position as per IMF's 2018 data.
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The poverty data given in the article is woefully out of date, at >20%. According to worldpoverty.io and the world bank, the rate is now close to 5%. The data is both misleading and outdated. Almost all other figures on the sidebar are from 2016/17, but only this one is from 2011, and should be updated since the percentage has dropped to a quarter of what it was. Drainbox ( talk) 13:33, 1 July 2018 (UTC)
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Population below poverty line - 5.3% or 71.5 millions Source- https://www.brookings.edu/blog/future-development/2018/06/19/the-start-of-a-new-poverty-narrative/ https://edition.cnn.com/2018/06/26/africa/nigeria-overtakes-india-extreme-poverty-intl/index.html Mohak004 ( talk) 00:57, 30 July 2018 (UTC)
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Jessishere123 ( talk) 02:49, 29 September 2018 (UTC) Growth =8.2%(projected)
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Percentage of population below poverty line can be updated to 4.7% as per the world poverty clock ( November 2018 ). Tanmay0186 ( talk) 05:45, 6 November 2018 (UTC)
Please find below the source: https://worldpoverty.io/ Tanmay0186 ( talk) 09:35, 12 November 2018 (UTC)
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there is a change in GDP RANK. we are 5 th rank in gdp but there is 6th written. please change as our gdp is more than UK Shailender reddy ( talk) 07:40, 6 December 2018 (UTC)
Nominal GDP should read 3.0530 trillion USD
GDP per capita also needs updating to USD 2006
India position on nominal GDP to rise to 5th from 6th overtaking UK — Preceding unsigned comment added by 14.141.147.33 ( talk) 05:54, 12 January 2019 (UTC)
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Shanbs1 ( talk) 05:49, 19 January 2019 (UTC)
therisapalli cheppeed or copper plate incription is not for a christian person but to Mr. Joseph raban a jew settled in then cochin principality. it granted permission for trade to persons registered under him to do bussiness in the town and inside the fort. these traders were from ezhavar community of kerala who were mainly into trading, farming , indusrties etc.
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There is a need to update the Indian Economy's ranking in light of new data. The Indian economy is now the world's Fifth largest by nominal GDP and 3rd largest by PPP. The article's statement that India is the world's seventh largest by nominal GDP is outdated. RajvirBatra ( talk) 16:19, 5 February 2019 (UTC)
Lets add revenue ppp (2.6 trillion$) Adityabraggs ( talk) 17:05, 25 February 2019 (UTC)
Need to change populaion under poverty Adityabraggs ( talk) 11:23, 9 March 2019 (UTC)
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Change Nominal GDP from $2.948 trillion to $2.848 trillion as it has been incorrectly copied from the source, the IMF website given below:
https://www.imf.org/external/pubs/ft/weo/2018/01/weodata/weorept.aspx?pr.x=48&pr.y=6&sy=2017&ey=2018&scsm=1&ssd=1&sort=country&ds=.&br=1&c=534&s=NGDPD%2CPPPGDP%2CNGDPDPC%2CPPPPC&grp=0&a= Shre rj ( talk) 09:40, 11 March 2019 (UTC)
I just saw US Economy page on Wikipedia the US Nominal GDP is 21.1 trillion but that is IMF approximation same goes for China they also used IMF approximation so why we are not using the same approximation for India we should change India's GDP from 2.7 trillion to 2.9 trillion.And if you want to verify open US Economy wiki page and check out the citation for US Nominal GDP. And also according to IMF estimate India is currently the world's 5th largest economy.Here is the link. https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weorept.aspx?pr.x=76&pr.y=17&sy=2019&ey=2020&scsm=1&ssd=1&sort=country&ds=.&br=1&c=924%2C132%2C134%2C534%2C158%2C112%2C111&s=NGDPD&grp=0&a= User:DataCrusade1999|DataCrusade1999]] ( talk) 17:29, 1 May 2019 (UTC)
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India is now sixth largest economy of the world not seventh. 2409:4041:609:AF61:6B7B:F847:602C:BE9 ( talk) 11:25, 9 February 2019 (UTC)
https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weorept.aspx?pr.x=39&pr.y=17&sy=2017&ey=2021&scsm=1&ssd=1&sort=country&ds=.&br=1&c=534&s=NGDPD,PPPGDP,NGDPDPC,PPPPC&grp=0&a= We can check UK and France but India is the sixth largest Economy in the world. But I am using IMF approximation because every other countries Economy page on wiki are also using IMF approximation like US and China. DataCrusade1999 ( talk) 04:27, 2 May 2019 (UTC)
India is currently the 5th largest Economy in the word when it comes to Nominal GDP this is according to IMF so please make change ASAP here is the IMF Link. https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weorept.aspx?pr.x=76&pr.y=17&sy=2019&ey=2020&scsm=1&ssd=1&sort=country&ds=.&br=1&c=924%2C132%2C134%2C534%2C158%2C112%2C111&s=NGDPD&grp=0&a= DataCrusade1999 ( talk) 06:57, 2 May 2019 (UTC)
Gdp nominal 2,957.720 Gdp ppp 11,412.971 Per capita nominal 2,188.029 Per capita ppp 8,442.960 Source- International monetary fund IMF
https://www.imf.org/external/pubs/ft/weo/2018/02/weodata/weorept.aspx?pr.x=60&pr.y=8&sy=2019&ey=2019&ssd=1&sort=country&ds=.&br=1&c=512%2C668%2C914%2C672%2C612%2C946%2C614%2C137%2C311%2C546%2C213%2C962%2C911%2C674%2C314%2C676%2C193%2C548%2C122%2C556%2C912%2C678%2C313%2C181%2C419%2C867%2C513%2C682%2C316%2C684%2C913%2C273%2C124%2C868%2C339%2C921%2C638%2C948%2C514%2C943%2C218%2C686%2C963%2C688%2C616%2C518%2C223%2C728%2C516%2C836%2C918%2C558%2C748%2C138%2C618%2C196%2C624%2C278%2C522%2C692%2C622%2C694%2C156%2C142%2C626%2C449%2C628%2C564%2C228%2C565%2C924%2C283%2C233%2C853%2C632%2C288%2C636%2C293%2C634%2C566%2C238%2C964%2C662%2C182%2C960%2C359%2C423%2C453%2C935%2C968%2C128%2C922%2C611%2C714%2C321%2C862%2C243%2C135%2C248%2C716%2C469%2C456%2C253%2C722%2C642%2C942%2C643%2C718%2C939%2C724%2C734%2C576%2C644%2C936%2C819%2C961%2C172%2C813%2C132%2C726%2C646%2C199%2C648%2C733%2C915%2C184%2C134%2C524%2C652%2C361%2C174%2C362%2C328%2C364%2C258%2C732%2C656%2C366%2C654%2C144%2C336%2C146%2C263%2C463%2C268%2C528%2C532%2C923%2C944%2C738%2C176%2C578%2C534%2C537%2C536%2C742%2C429%2C866%2C433%2C369%2C178%2C744%2C436%2C186%2C136%2C925%2C343%2C869%2C158%2C746%2C439%2C926%2C916%2C466%2C664%2C112%2C826%2C111%2C542%2C298%2C967%2C927%2C443%2C846%2C917%2C299%2C544%2C582%2C941%2C474%2C446%2C754%2C666%2C698&s=NGDP_RPCH%2CNGDPD%2CPPPGDP%2CNGDPDPC%2CPPPPC&grp=0&a= Silentassassin265 ( talk) 14:49, 17 June 2019 (UTC)
Please edit it
Silentassassin265 ( talk) 15:54, 17 June 2019 (UTC)
The following Wikimedia Commons file used on this page has been nominated for deletion:
Participate in the deletion discussion at the nomination page. — Community Tech bot ( talk) 16:07, 3 July 2019 (UTC)
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Typo in "health household savings" -> "healthy ..." Raipta ( talk) 04:46, 1 September 2019 (UTC)
In the introduction India is mentioned as second in start up hub rank whereas the source states it to be fourth also the year is wrong. Kindly make the necessary changes. Abhinav0908 ( talk) 17:00, 9 March 2019 (UTC)
Hi @ KREOH: I have added new information in the lead section, since you are an active contributor to economic articles can you tell me is there anything new that I need to add to the lead. Read the entire lead then tell me what is required.-- Aakanksha55 ( talk) 05:56, 15 September 2019 (UTC)
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In the introductory portion (3rd paragraph) of the wiki page, change the contribution of agriculture to GDP which is written 50%. That figure is correct for the year 1950, but now the contribution of agriculture to GDP is 15.87%, as mentioned in the same wiki page itself, on the right column. Here goes an external reliable link/source that asserts the same: http://statisticstimes.com/economy/sectorwise-gdp-contribution-of-india.php Sambitroy610 ( talk) 20:46, 1 October 2019 (UTC)
The new projected gdp numbers for 2020 needs to be updated, Nominal GDP to 3.25 trillion USD and PPP to 12.75 USD trillions. — Preceding unsigned comment added by 14.141.147.33 ( talk) 07:35, 9 January 2020 (UTC)
As we know that inda is a country of collection of village. in our lovely country many people lived and they servive on the farming. they are all days and night farming to update is economy — Preceding unsigned comment added by Rajsharma5y ( talk • contribs) 11:20, 25 January 2020 (UTC)
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Add the following to the "Remittances" section
Justification for inclusion: Following deepen the CONTEXT: Hawala and Hundi are also remittances system of/to/from India. Their inclusion enriches the context by linking it to historical and contemporary modes. FATF governs money transfer/laundering/terror funding which are important issues.
Indian diaspora, Greater India and Indianisation drive and influence the remittances. 58.182.176.169 ( talk) 04:55, 27 February 2020 (UTC)
{{
Main}}
pointer. An excessive list of "See also"s for a section is generally inappropriate, especially when it's a mere 3 sentences long. –
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List of the largest trading partners of India- China, USA, UAE, Saudi Arabia, Switzerland, Germany, Hong Kong, Indonesia, South Korea, Malaysia, Singapore, Japan, Iran, Iraq, South Africa and Australia. Megha Parmarr ( talk) 09:16, 27 February 2020 (UTC)
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trading partner Megha Parmarr ( talk) 03:56, 29 February 2020 (UTC)
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change "India's largest trading partners are China, USA, UAE, Saudi Arabia, Switzerland, Germany, Hong Kong, Indonesia, South Korea, and Malaysia" to "[ largest trading partners] are China, USA, UAE, Saudi Arabia, Switzerland, Germany, Hong Kong, Indonesia, South Korea, Singapore, Germany, Hong Kong, South Africa, South Korea, Australia and Malaysia" Megha Parmarr ( talk) 07:08, 28 February 2020 (UTC)
Can there be some more information in this article about the union budget of India over the years... and in turn linked to the main article? DTM ( talk) 11:16, 6 March 2020 (UTC)
Please could editors editing this have a look at " Economic impact of the 2019–20 coronavirus pandemic in India". Please try to improve it in any way you can. Also, would a seperate subsection for the article be suitable here? DTM ( talk) 09:58, 22 April 2020 (UTC)
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2405:204:A7:4B0E:DDD0:5220:F8E7:84E5 ( talk) 04:40, 23 June 2020 (UTC)
India nominal gdp is 4 trillion $
India's total foreign exchange (Forex) reserves stand at around US$ 517.637 billion on 17th July 2020 Rajeshtrp ( talk) 08:36, 28 July 2020 (UTC)
India's total foreign exchange (Forex) reserves stand at around US$ 517.637 billion on 17th July 2020 Rajeshtrp ( talk) 08:36, 28 July 2020 (UTC)
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India's total foreign exchange (Forex) reserves stand at around US$ 517.637 billion on 17th July 2020 Rajeshtrp ( talk) 08:33, 28 July 2020 (UTC) Plz remove the wrong information of India's forex reserves
India's total foreign exchange (Forex) reserves stand at around US$ 517.637 billion on 17th July 2020 Rajeshtrp ( talk) 08:33, 28 July 2020 (UTC)
Applaused has been adding data from IMF staff estimates for 2020 economic indicators, I disagree and think we should wait for MOSPI data. Kindly put forth your opinions here so we can reach consensus. Prolix 💬 07:04, 14 October 2020 (UTC)
Prolix so when india economy in skyrocketing we allow to include data next year. but when in bottom we not allow? beside, it's the same source from IMF website.
Hi All @ KREOH: @ Goldsztajn: @ Prolix: In the lead section of the first paragraph it states India is a "market economy". But sources provided does not confirm clearly that Indian economy is a market economy. Moreover technically speaking no economy in the world is fully market economy especially during times of recession governments across the world do intervene through monetary and fiscal policy. And governments introduce huge stimulus package in a Keynesian economic style. In Indian context from 1950-1991 India was strictly mixed economy with heavy influence of socialist policies from 1991 it adopted free market system, so rather mention " mixed- market economy" or " social market and market-orientated economy" or mixed- free market economy which ever you find suitable. Remember finding sources which quotes exactly these words would be difficult. So a brief note needs in ref needs to be mentioned since users won't get confused. And if you guys find good scholarly sourced then pls feel free to add. Thanks-- 103.102.116.225 ( talk) 06:28, 2 November 2020 (UTC)
Article should be monitored for whitewashing history by pro-Indian editors. India is not the world's largest economy, china was, see
/info/en/?search=List_of_regions_by_past_GDP_(PPP) — Preceding unsigned comment added by 68.132.99.144 ( talk) 03:25, 31 December 2020 (UTC)
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Please update "Labour force by occupation" in infobox: Agriculture: 41%, Industry: 26%, Services: 32% (FY 2020).
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Please update the following data in Infobox and also update its given sources
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Hey, my problem with the claims about Mysore, stems from this discussion [6]. Pleas read it. The claim that Mysore wages were higher then British is original research. Parthasarathi actually says that "At the moment, the quantitative data are inconclusive, but the figures for India that have been obtained from primary sources are radically different from the scattered earnings data found in the secondary literature. This indicates that more research is needed on the basis of primary evidence for India". Neither he nor Sivramkrishna say that Mysoreans wages were higher than British, this is simply original research. I think this should be rewritten more neutrally, like "according to Parthasarathi and Sivramkrishna the grain wages of weavers in India were as high as British", or something like this. DMKR2005 ( talk) 17:12, 7 January 2021 (UTC)
Hey, just saying that I used "maybe higher", because according to Sivramkrishna [7], which is the source that Parthasarathi used in the book: " Before anyone jumps to conclusions about living standards in southern India in the early nineteenth century, we hasten to add a cautionary note on the state of the economy at the time of Buchanan Journey. We had mentioned earlier that our paper is based entirely on observations recorded at one point of time", on page 729. And of course Parthasarathi himself said that more research is needed, before any conclusion could be drawn. Although I think your changes are fine, though I would prefer to use "could be as high" DMKR2005 ( talk) 16:24, 10 January 2021 (UTC)
"However they concluded that due to the scarcity of data, it was hard to draw definitive conclusions, and that more research was required."is enough to convey to the reader that the data here is not definitive and that a lot of this is based on assumptions and inconclusive information. Prolix 💬 18:38, 10 January 2021 (UTC)
During 2014-2018 India was not the fastest growing economy, China was; Indian government changed the calculation of the GDP figures to deceive others.
Exactly
Tayyab Ahmad67 ( talk) 21:32, 13 January 2021 (UTC)
I'm just gonna copy, part of my criticism from Mughal empire talk page: "Mughal India's workforce had a higher percentage in the non-primary sector than Europe's workforce did at the time" is referenced to Cipolla. But Cipolla says that "Because of lack of statistical data, no one will ever know with any degree of accuracy what percentage of European population was employed in the primary sector". Ciopolla says that even for mid 18 century the data is imprecise. Most importantly neither Cipolla nor Yazdani say that Mughals had higher percentage in the non primary sector then europe. This statement is simply original research, combining two sources to draw conclusion . In fact I've never saw any economic historian saying anything like this.
I am also skeptical about the claim that Mughals had higher per-capita agricultural output and standards of consumption. The cited source is Franks's article, which in itself cites Irfan Habib, Percival Spear, and Ashok Desai.The same source also says that: "Ken Pomeranz(1997) however suggest that European standards of consumption were higher than Asian one", which is kind of strange, as Pomeranz would later write Great Divergence, where he would argue, that standards of living were comparable, at least for China. They seem to me quite dated authors, as a lot of new information have been produced since, from Broadberry, Gupta, Parthasarathi, de Zwart and others. Some of them disagree with there conclusion while others back it up. For newest data see [8]. In regards to the claim we should at least mention that Frank is talking about 17 century. DMKR2005 ( talk) 17:39, 21 January 2021 (UTC)
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GDP per capita of india should be 2029$ in nominal but it is showing less ,you can calculate it 2405:204:221F:B26:0:0:BE2:A8A4 ( talk) 06:36, 22 February 2021 (UTC)
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2401:4900:47D7:E7A5:0:0:620:33BA ( talk) 14:01, 12 May 2021 (UTC)
GDP of India is 3.15 trillion making it the 5th largest economy, surpassing U.K.
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growth =
DEBAISH GHOSH MAJUMDAR ( talk) 01:16, 18 June 2021 (UTC)
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References
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population = 1,392,000,000 (2021 est.)
[1]
DEBAISH GHOSH MAJUMDAR (
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11:16, 18 June 2021 (UTC)
References
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gdp =
DEBAISH GHOSH MAJUMDAR ( talk) 01:05, 18 June 2021 (UTC)
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| population = 1,393,012,692 (18 June , 2021est.)
}} DEBAISH GHOSH MAJUMDAR ( talk) 13:52, 18 June 2021 (UTC)
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Population growth rate = 0.99
Nominal (per capita) =$2,193 (Q1 2021/2022)
GDP (PPP) =
10.23trillions (Q1 2021/2022)
PPP per capita =
$7,336 (Q1 2021/2022)
1.6% ( JUNE 2021/22)
11.21% below $1.90/day (2021)
38.42 below $3.20/day
(2021)
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population = 13,000,04385(2021 est.)
[1]
| gdp =
| gdp rank =
DEBAISH GHOSH MAJUMDAR ( talk) 13:38, 18 June 2021 (UTC)
References
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caption = Mumbai, the financial centre of India captipn = Bangalore , the Silicon valley of India DEBAISH GHOSH MAJUMDAR ( talk) 11:24, 18 June 2021 (UTC)
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Please don't revert. There are some source they shows different results.
90% Indian's earn less then 12,000 per month. Then how can it be 32,000? Dinesh | Talk 03:43, 6 July 2021 (UTC)
Because we are talking about the average salary out here NOT the median salary. The number would have been much lesser had we stated the median salary. - user:addie293 — Preceding undated comment added 16:00, 6 July 2021 (UTC)
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Please
58.182.176.169 ( talk) 20:32, 2 August 2021 (UTC)
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Please this somewhere, perhaps at the end in "see also" section or "see also" navigation template in history section.
58.182.176.169 ( talk) 18:29, 6 August 2021 (UTC)
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Please add the following quote to the "British era" section:
"Company official John Sullivan observed in the 1840s: 'The little court disappears - the capital decays - trade languishes - the capital decays - the people are impoverished - the Englishman flourishes, and acts like a sponge, drawing up riches from the banks of the Ganges, and squeezing them down upon the banks of the Thames'. India that the British East India Company conquered was no primitive or barren land, but the glittering jewel of the medieval world. Its accomplishments and prosperity - 'the wealth created by vast and varied industries' - were succinctly described by a Yorkshire-born American Unitarian minister, J. T. Sunderland. At the beginning of eighteenth century, as the British economic historian Angus Maddison has demonstrated, India's share of world economy was 23 per cent, as large as all of Europe put together. By the time the British departed India, it had dropped to just over 3 per cent. The reason was simple: India was governed for the benefit of Britain. Britain's rise for 200 years was financed by its depredation in India."
Thanks.
58.182.176.169 ( talk) 14:55, 17 August 2021 (UTC)
{{
edit semi-protected}}
template. This quote seems overly long for the section.
ScottishFinnishRadish (
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15:14, 17 August 2021 (UTC)References
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GDP of India is currently 3.17 trillion dollars. 110.226.9.23 ( talk) 11:54, 24 September 2021 (UTC)
india other country are not to save a bird they cannot intrest in nature the people can be used artificial thing people have not to attached environment these can be besiege in their office work and another time with their cell phone other thing the birds are die to vibration and harmful ray of trasformer and cell phone — Preceding unsigned comment added by 2401:4900:471C:9CCB:ADC1:D071:6B77:D070 ( talk) 14:10, 3 October 2021 (UTC)
According to Pradeep Rathore economic historian Angus Maddison in his book The World Economy: A Millennial Perspective, India was the richest country in the world and had the world's largest economy during 0 BCE and 1000 BCE. [1] [2] Also for most of the period when China was the dominant economy in the world, India held the second position of the largest economy. [1]
(Economic facts and statistics are missing in economic section and Wikipedia article. Include the above reality into India main wikipedia article.) — Preceding unsigned comment added by 106.204.24.0 ( talk) 21:57, 20 May 2013 (UTC)
References
{{
cite web}}
: Check date values in: |accessdate=
(
help)
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There is currently a ref in the infobox named https://worldpoverty.io/headline, which is undefined (as the reference URL is being used as the refname).
It was introduced in
this edit on September 1st.
The current ref:
<ref name="https://worldpoverty.io/headline" />
should be reformatted as:
<ref>[https://worldpoverty.io/headline People in the world living in extreme poverty]</ref>
Instead, if the source is unreliable, the details could be reverted back to the previous details, as shown in the edit details.
Thanks 89.241.33.89 ( talk) 16:01, 10 October 2021 (UTC)
Update required: Inflation rate of India fell in Aug 2021 and is 5.3% the page still shows data of June 2021 kindly update it as soon as possible. [1] MindOfOm ( talk) 04:19, 10 October 2021 (UTC)
References
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I am sending a response because there have been changes of the years. I want to correct the mistakes. 173.183.161.26 ( talk) 00:06, 1 November 2021 (UTC)
India has the 5th highest gdp thing suka's 2A02:A451:11F9:1:B036:438A:E7CA:65DF ( talk) 18:25, 23 November 2021 (UTC)
This article is very outdated. I currently don't have much free time. If anyone is able to edit this article. Please do it. I saw some places where the data given is from 2011!! A lot has changed since then. Please look into it if anyone has time. Thank you!! ~Spirit 103.253.203.132 ( talk) 02:42, 24 December 2021 (UTC)
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India's economy is now 3.1 trillion $. Mavihs rundip ( talk) 07:55, 8 January 2022 (UTC)
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Economic Condition of India. 2409:4043:79E:DECD:4237:1556:59EA:3AB9 ( talk) 02:37, 30 January 2022 (UTC)
Not done: it's not clear what changes you want to be made. Please mention the specific changes in a "change X to Y" format and provide a
reliable source if appropriate.
Dinesh |
Talk
05:33, 31 January 2022 (UTC)
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please the gdp growth rate of india in 2020-2021 from -7.3% to -6.6% [1] Centriputal ( talk) 19:18, 31 January 2022 (UTC)
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change the gdp growth in 2020-2021 from -7.3% to 6.6% [1] Centriputal ( talk) 19:15, 31 January 2022 (UTC)
The article does not mention the number in USD 106.51.142.88 ( talk) 20:15, 29 January 2022 (UTC)
Plwase change the picture of mumbai and change it with so beautifull skyline of mumbai Poppat muhammad ( talk) 07:24, 3 February 2022 (UTC)
{{
edit semi-protected}}
template.
Dinesh |
Talk
09:04, 3 February 2022 (UTC)Hi @ Ruk469: Please check this official MOSPI Source [9] or this [10] or [11] all three MOSPI source states GDP contracted by more than 7%. Don't go by Indian news report they're unreliable and publish bullshit news most of time. Their credibility and journalistic qualities are highly questionable. Thanks-- Mariam57 ( talk) 13:46, 25 March 2022 (UTC)
Hey guys i have recently updated import/export data of indian economy acc. To the new data by ministry of commerce , few days earlier also i triedbut my changes were reverted bcz i didnt clearly gave proof . Bt this time i added citations to all my new data , its more elaborate (link to govt website : ( https://commerce.gov.in/ ) plase click on "latest trade figures" tab there you can get all data of what i was editing + i am new to wikipedia so it takes multiple edits for me to add up new things , plz bear with me : ) Poppat muhammad ( talk) 15:24, 29 March 2022 (UTC)
Change unemployment rate i read article of ECONOMIC TIMES That unmployment rate has gone down from 49.7% to 37.2% : ) Poppat muhammad ( talk) 16:34, 5 April 2022 (UTC)
Latest data pf export statistics is out for March 2022 and data on page is of (Apr-Feb of FYI 2021-22) please update data according to (Apr-Mar of FYI 2021-22)
Yours sincerely , Than you, Poppat muhammad ( talk) 16:36, 5 April 2022 (UTC)
Hey dinesh , its me again ! I recently noticed that Export/Import data is still stuck at Apr-Feb (2021-22) , as we know now its 15th Apr 2022 , new FYI has started , i think you should update export figures for complete FY(2021-2022) :)
I read articles which said export is now $669.95 Billion Poppat muhammad ( talk) 05:28, 15 April 2022 (UTC)
please check the link before reverting the changes As data of export/import for March 2022 is out on https://commerce.gov.in/wp-content/uploads/2022/04/Screenshot_3.png So i added up previous data of (Apr-Feb 2021-22 ) with March 2022 It is accurate up to 2 decimal places ...... THANK YOU : ) Poppat muhammad ( talk) 13:09, 19 April 2022 (UTC)
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Export and Import figures are written wrong here in the page. It is only showing the export and import figures of merchandise goods without adding the export and import of services which is wrong.
The total export of india (Merchandise + services) for 2022 is $668.89 billion.
The total import of india (merchandise + services) for 2022 is $756.68 billion.
Please update these export and import figures by verifying the figures from the official governmental published report.
Here is the reference of export and import figures for 2022 from india's official governmental website: https://commerce.gov.in/trade-statistics/latest-trade-figures/
Requesting you to update the export and import figures as soon as possible. Thanks. Contribution888 ( talk) 05:36, 24 April 2022 (UTC)
The export and import figures are still not updated. The figures are still wrong. Contribution888 ( talk) 07:16, 26 April 2022 (UTC)
No you are wrong Sneha. To see the total export and import amount of whole year, download the pdf of "India’s Foreign Trade: March 2022" from this the official governmental website: https://commerce.gov.in/trade-statistics/latest-trade-figures/
Its clearly mentioned in the pdf. Everyone can see from the official governmental source. Again requesting you to update the actual figures of export and import. Don't mislead the figures. Thanks. Contribution888 ( talk) 19:52, 26 April 2022 (UTC)
I am still not able to see the actual export and import figures. It is still showing the wrong export and import figures. Thanks. Contribution888 ( talk) 07:58, 27 April 2022 (UTC)
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population below poverty line in india 6% on less than $3.2/day. But in the page someone has updated wrong by writing 46% on less than $3.2/day.
2 days ago it was showing correct poverty population percentage of 6% on less than $ 3.2/day. Now, someone has changed the poverty population percentage to 46% on less than $ 3.2/day which is wrong.
Requesting you to update the Population below poverty line percentage of $3.2/day to 6%. Thanks. Contribution888 ( talk) 05:52, 25 April 2022 (UTC)
Is it still being reviewed ? It does not even requires to be reviewed because a profile called "Maryam54" just changed the figure from 6% to 46% without any reason. Here just need to undid the wrong change made by profile "Maryam54" which is baseless and misleading information. Requesting you to revert back the change to 6% from 46% as soon as possible. Cause the figure of 46% is just baseless and misleading. Thanks. Contribution888 ( talk) 07:51, 27 April 2022 (UTC)
If these kinds of things will keep happening on the wikipedia pages then the trust of Wikipedia would be decreased in people's eyes. So it is our reponsibility to correct the wrong and misleading informations as soon as possible. So that trust of wikipedia would not be damaged. Cause millions of people read wikipedia page daily and they don't deserve to read wrong and misleading information. Thanks. Contribution888 ( talk) 07:55, 27 April 2022 (UTC)
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Population of India and economic activities 2409:4066:E15:109A:0:0:EACA:880C ( talk) 07:12, 9 May 2022 (UTC)
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Compared to previous governments , India has developed very quickly under Modi government. 2402:8100:387F:8424:1:0:F7E:DA16 ( talk) 02:51, 13 May 2022 (UTC)
We should add the multidimensional poverty index(mpi) data released by Niti Aayog in November 2021 which states that 25.01% are mpi poor. Ruk469 ( talk) 05:26, 11 May 2022 (UTC)
Pinging @ Mariam57, Dineshswamiin, Ohnoitsjamie, and Fylindfotberserk: for Solution or Conensus. Here is the issue, recent changes made by User:Dineshswamiin, User:Mariam57 and others including me in Good faith with reliable citation are being reverted without convincing reasons by User:Contribution888 acting like WP:DONTGETIT.
I could create an RfC but RfCs are time consuming, and editors time is valuable. Before using the RfC process to get opinions from outside editors, it's often faster and more effective to thoroughly discuss the matter with any other parties on the related talk page.
So, First the concern is about Population below Poverty Line. Contribution888 and @ Ruk469, both were deviating from the Reliability and were engaged in Wikipedia:Edit war. Sources like this [13] are generally not quite reliable. When both warned, User:Ruk469 aknowledged but User:Contribution888 followed Uncivility and Harassment. Although this is different from the topic of concern and will be uphold on relevant spaces.
Again, Contribution888 referenced Bare PDF citing IMF report which had no specific point to directly support the figure (example: parameter like page no.) and it doesn't conform to Wikipedia's article standard. See that edit by User:Contribution888 here [14]
Following all these things, the most reliable sources is World bank, in fact, IMF also collaborate with World bank on Macro Poverty Outlook and refers to World Bank Reports when dealing with Poverty Outlook on their own reports. A report on poverty in South Asia is published annually and at spring named as South Asia Economic Focus. [15] It clearly states the figure of 61.7% below $3.2/day. Have a look here on Page 10 on the table [16]
I made the changes following the citation, see here, [17] and was reverted again by User:Contribution888 with misleading edit summaries violating civility without even verifying the source. See here [18] and the user chose to Edit War for once again.
The Second concern is about removal of Sourced content by the same user and the reason given is "(Poverty rate of india in 2021 is 6% according to world poverty clock 2021. Please don't provide old data of 2011. Thanks.)". See edits of User:Dineshswamiin reverted by User:Contribution888 here [19]
Please verify all above and leave your valuable comments to reach to consensus regarding concerned topic. Sneha04 💬 06:16, 9 May 2022 (UTC)
Hey folks, The first thing is that @Sneha04 is being so biased and doing her best to present old data of 2011 regarding the population below poverty line of $3.2 . According to 2021 estimates, the population below poverty line is 6%. You can read thousands of articles on that. And Everyone knows that. But @Sneha is posting figures of 2011. Second thing is that The population living in extreme poverty is 0.8% in 2022 according to International Monetary Fund. Everyone knows that but still @Sneha is posting old figure of 2011. Yesterday she sent me messages by threatening me that I would be blocked just because I posted the actual figures with proper sources of latest years 2021 and 2022 which according to her is edit war. When today I sent her message regarding her biased posting information then she deleted the her user talks by giving false reason of uncivil act. Wikipedia is not for posting the biased information to oppose the government or anybody. But she is trying her best to degrade the government by posting the biased information. Thanks all the wikipedia folks. Hope you all can see everything clearly. Contribution888 ( talk) 06:43, 9 May 2022 (UTC)
@ Sneha04:, @ Ruk469:: I'm very busy these days. I'm unable to find a better source because of lack of time. Perhaps;
If official report (published by government) is available, you can use it as source. If mentioned, you can use this report ( here to download, PDF (~15MB)) as source. (updated - signed) Dinesh | Talk 09:28, 14 May 2022 (UTC)
However, less $3.2 per day is not necessary. Dinesh | Talk 09:46, 15 May 2022 (UTC)
Recently indias forex reserves have jumped by appx $4.2 billion and are standing at $597.409
I had seen it from official data ......
Date : 27/05/22 saturday
Thank you Poppat muhammad ( talk) 13:35, 28 May 2022 (UTC)
@ Mariam57 there is a term called mixed market economy which is blend of both words, see the redirect page Mixed market economy. Sneha04 💬 07:43, 23 May 2022 (UTC)
Suggestion: You should not engage in edit war. Before reverting second time, mention user on the talk and discuss about it. (See:
Three revert rule)
Dinesh |
Talk
16:13, 24 May 2022 (UTC)
The altering of the boundaries between State and market encompasses, what is variously described as, realigning government, structural reforms towards liberalisation or deregulation, and changing mix of the mixed economy.There is extensive literature now as well about the increasing protectionism in India (with Atmanirbharata and increasing tariffs) and the rise of "national champions" like Ambani and Adani which make "market economy" an even more inapt description. Hemantha ( talk) 03:55, 26 May 2022 (UTC)
Economic policies of the Indian government have guided and shaped India into a mixed economy. ... Financial and economic reforms since 1991 have accelerated the pace of change toward an open market economy
While reforming India's "inward-oriented" commandist economy has not been easy, some important, indeed irreversible changes have been introduced.
precise mechanism that has controlled the transition of the economic system in India from a command economy to a free market economy
References
India’s gradualist approach to reform, which has meant a frustratingly slow pace of implementation, illustrating once again the scholarly opinion that India is only slowly progressing towards becoming a market economy. Hemantha ( talk) 17:03, 27 May 2022 (UTC)
Since there's been an edit war going on for several days now, I've protected this page at the WRONG version for a week. Discussions should happen on the talkpage, not in edit summaries, so use this time to work it out here. After this expires, if you need someone to restore the original semiprotection I'll take care of it. The Blade of the Northern Lights ( 話して下さい) 14:34, 24 May 2022 (UTC)
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Please guys make some factual data, extreme proverty in india is 6% not 1% as you guys listed. I read the source and they write likewise 6%. be more realistic India still very poor county 103.105.33.125 ( talk) 11:23, 25 June 2022 (UTC)
India's GDP grew by 8.7% in FY22 according to the government data released today.
Here is the source- https://timesofindia.indiatimes.com/business/india-business/indias-economy-expands-8-7-in-fy22-q4-growth-at-4-1/articleshow/91918744.cms
Thanks. Ruk469 ( talk) 16:34, 31 May 2022 (UTC)
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Majornamratadhasmana ( talk) 10:33, 5 October 2022 (UTC)
2020 Indian economy has witnessed major setback after Pandemic of Covid 19. As an emerging and a youngest economy immediate corrective action were taken, and the economy was stabilized with its measures of Make in India. Indian economy not only boosted her GDP also prepared herself as a support for Global Economy. https://www.thehansindia.com/hans/opinion/news-analysis/india-should-leverage-new-world-order-756839. The wave of Make In India in Defense Sector has not only boosted their strategic value, but also integrated their capability building. Drones, INS Vikrant and CLH Prachand were manufactured primarily in India. Next with Vedanta pitching in for manufacturing of semiconductors, many MNCs have started eyeing to India for Investment. these immediate strategic measures have given boost to economic strength of the country
The economic growth is mainly dependent on the gdp of India The growth is calculated by per capita 175.101.104.22 ( talk) 05:19, 6 October 2022 (UTC)
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change photo of mumbai skyline V952010 ( talk) 17:39, 18 October 2022 (UTC)
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latest photo of mumbai skyline V952010 ( talk) 23:03, 22 October 2022 (UTC)
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Ease of doing business rankings have been discontinued in 2021 due to irregularities.
https://www.worldbank.org/en/news/statement/2021/09/16/world-bank-group-to-discontinue-doing-business-report Sacchaimax ( talk) 19:28, 15 November 2022 (UTC)
Ease of doing business rankings have been discontinued due to irregularities. Sacchaimax ( talk) 19:30, 15 November 2022 (UTC)
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File:Skyline 2221.png updated skyline of mumbai V952010 ( talk) 02:50, 21 November 2022 (UTC)
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Please remove the part about Indian government manipulating economic data. This is not true and there are many independent private agencies as well as global institutions which corroborate the govt.data.
Ayush Gupta 183.82.153.50 ( talk) 21:05, 25 November 2022 (UTC)
Not done for now: please establish a
consensus for this alteration
before using the {{
Edit semi-protected}}
template. -
FlightTime (
open channel)
21:06, 25 November 2022 (UTC)
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Please add this line in the top paragraph of the lead section "India accounted for 7.2% of global economy in 2022 in PPP terms, and around 3.4% in nominal terms in 2022". Source [25] Thanks. 2405:201:800B:684F:3C74:AFF4:A167:C0DB ( talk) 17:35, 7 January 2023 (UTC)
Not done for now: Please start a discussion.
Dinesh |
Talk
12:43, 1 February 2023 (UTC)
This article was the subject of an educational assignment supported by
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01/02/2023 indian govt announce his annal budget The govt show official data of debt borrowing by indian govt. Govt say the total debt postition 152,61,122( in inr crores)as on 31st march 2023 But wikipedia data show 227.946(US$2.9 trillion) lakh crore please check and correct. Thank you Manish patidar Refrance :- Indian budget page number 47 (Debt position of the government of india) 157.34.55.94 ( talk) 14:55, 3 February 2023 (UTC)
Hello everyone study is very important in our life. Education provide success in our life. 103.181.57.95 ( talk) 12:54, 22 March 2023 (UTC)
The following Wikimedia Commons file used on this page or its Wikidata item has been nominated for deletion:
Participate in the deletion discussion at the nomination page. — Community Tech bot ( talk) 14:55, 23 March 2023 (UTC)
Game 42.109.196.20 ( talk) 16:40, 25 March 2023 (UTC)
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In the article " Economy of India " , 2022 data is still showing in the article. The same source that is cited shows Indian GDP at 3.82 trillion , which is not updated yet. Kindly update the number based on the same source provided for it. Sidram1809 ( talk) 18:47, 28 March 2023 (UTC)
In "Statistics" section of "Economy of India" page India's GDP PPP is shown $11.851 Trillion (as of 2022) but in "Data" section of the same page India's GDP PPP for 2022 is shown as $11.665 Trillion.
So I request to change India's GDP PPP to new $11.851 Trillion in "Data" section.
I also request to adjust India's future GDP PPP projections (from 2023 to 2027) according to India's GDP PPP in 2022.
For Eg: If lets say India's GDP PPP growth rate is 10% in 2023 than according to GDP PPP of $11.851 Trillion in 2022 the GDP PPP of India for the year 2023 should be written as $13.0361 Trillion instead of present projection of $12.813 Trillion.
Thanks
KrishanVerma171 (
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12:44, 2 April 2023 (UTC)
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I want to edit "Economy of India" webpage, to make certain changes like correcting of GDP figures and adding decimals in GDP figures KrishanVerma171 ( talk) 19:58, 11 April 2023 (UTC)
The following Wikimedia Commons file used on this page or its Wikidata item has been nominated for deletion:
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No sure who removed the picture of the Mumbai skyline - it had the view of Bandra-Worli sea link along with the buildings behind. The reason given was some for of copyright violation by referencing an instagram account. Can people reading this page please help restore that picture or something equivalent deserving of the city? 51.190.147.228 ( talk) 13:24, 4 June 2023 (UTC)
Bangladeshi illegal immigrant is uploading a photo continuously, threat to Indian national security 115.96.102.214 ( talk) 07:06, 4 June 2023 (UTC)
Don't update image in infobox. Please establish a consensus before updating. Dinesh | Talk 17:20, 5 June 2023 (UTC)
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The article has been massively abused , It is clearly looking like some amateur has written a lot of points with shoddy and crappy citations as well. How is this kind of amateur writing protected!!! Wow this is the worst. 2601:282:1682:67C0:F8D2:E4E5:F127:6CC1 ( talk) 03:44, 6 June 2023 (UTC)
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Indian economy as stated by finance ministry has is 3.75 trillion dollars In Wikipedia page it is still shown as 3.737 trillion dollars Which shows difference of 13 billion dollars The GDP should be shown as 3.75 trillion dollars as quoted by finance ministry Lakshay gusain ( talk) 22:48, 15 June 2023 (UTC)
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Indian economy has reached 3.75 trillion dollars according to recent estimate by finance ministry Lakshay gusain ( talk) 13:35, 17 June 2023 (UTC)
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Please update correct GDP figures of India Correct GDP is 3.75 trillion dollars Lakshay gusain ( talk) 13:49, 17 June 2023 (UTC)
India GDP 2023 Lakshay gusain ( talk) 16:00, 18 June 2023 (UTC)
As for RBI India's forex reserves now 609 billion dollars 120.88.35.81 ( talk) 13:37, 21 July 2023 (UTC)
About industries in India 45.117.65.69 ( talk) 17:07, 25 August 2023 (UTC)
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population - 1,428,627,663 people as on mid 2023(1st largest nation) Arorashrey10 ( talk) 17:41, 31 August 2023 (UTC)
Gujarat International Finance Tec-City (GIFT City) is a central business district under construction in Gandhinagar district in Gujarat, India. It is India's first operational greenfield smart city and international financial services centre, which the Government of Gujarat promoted as a greenfield project.
In 2020 GIFT IFSC bagged 10th place in Finance Industry and top rank in emerging financial centres in Global Financial Centres Index. As of June 2023, it is home to 23 multi-national banks including HSBC, JP Morgan and Barclays; 35 fintech entities; two international stock exchanges with average daily trading volumes of $30.6 billion; as well as India's first international bullion exchange with 75 onboarded jewellers. NamoBharat ( talk) 14:31, 3 November 2023 (UTC)
Impact of demonetization in indian economy 122.186.163.238 ( talk) 08:04, 10 November 2023 (UTC)
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RishiGupta9424 ( talk) 10:33, 19 November 2023 (UTC)
India's nominal GDP has been increased from 3.73 trillion dollars to 4.03 trillion dollars. But Wikipedia has not updated it.
If many Indian news sites are to be believed then India's GDP has crossed the 4 trillion dollars mark. If it's not a fake news then this should be updated here. 203.81.242.243 ( talk) 04:19, 20 November 2023 (UTC)
an unverified screengrab from the live tracking GDP feed for all countries based on International Monetary Fund (IMF) data. [26]
Sources: https://www.business-standard.com/markets/news/indian-markets-hit-historic-4-trn-market-cap-milestone-for-the-first-time-123112900205_1.html , https://www.financialexpress.com/market/historic-day-for-markets-bse-listed-companies-surpass-4-trillion-market-capitalization-3320567/ LakhnawiNawab ( talk) 13:46, 29 November 2023 (UTC)
The source in the article for the claim that India is 6th Largest is Nominal Household Expenditure not PPP Household Expenditure. According to PPP Household Expenditure India is 3rd Largest Consumer Market. Using Nominal Household Expenditure as a measure of how Large or Small a Consumer Market of a Country requires the Assumption that the Law of One Price is True or (Approximately True).
While Assuming LOP Holds is Reasonable to Make for Tradable Goods it doesn't hold for Non-Tradable Goods and Services as the Prices of Non-Tradables Deviate Heavily from Law of One Price (Presumably Due to Balassa–Samuelson Effect) Hence the Size of Rich Countries Consumer Market would be Over-Estimated Significantly and Size of Poor Countries Consumer Market would be Under-Estimated Significantly if Household Expenditure of Various Countries Consists Mainly of Non-Tradable Goods and Services.
Hence due to this Assumption being Likely Incorrect I suggest replacing the Text in the Article with the Correct Description that India is 3rd Largest Consumer Market.
Thanks.
Source for PPP Household Expenditure: https://data.worldbank.org/indicator/NE.CON.PRVT.PP.CD?most_recent_value_desc=true 45.251.35.232 ( talk) 09:25, 2 December 2023 (UTC)
This article is too large (total number of words, too many sections) as per Wikipedia:Article size. Reading, editing and maintaining is too difficult. To maintain quality it should be summarised instead of expanding and adding sections. Dinesh | Talk 16:37, 15 December 2023 (UTC)
https://www.reddit.com/r/india/comments/16fotb9/india_spends_big_on_what_it_needs_most_to_catch/ Can you put this image of Mumbai financial capital in the first file picture or thumbnail it is the best possible image that is their of Mumbai if to say, it is just like China's Lujiazui locality in Shanghai although it is not a locality like Lujiazui it's a image of Mumbai city or skyline from the view from the Mumbai coastal road. It is a view (from or) of the image of Mumbai from the Mumbai coastal road.
Mumbai coastal road (under construction grade separated expressway) view or image of Mumbai city or skyline,
/info/en/?search=Coastal_Road_(Mumbai)
it is the best ever image of Mumbai so far or as of now of the city, from the Mumbai Coastal Road's view or angle of the city.— Preceding unsigned comment added by 2402:E280:3D48:133:E95F:259D:3C2:CD55 ( talk) 05:10, 19 December 2023 (UTC)
If nobody objects, I'll remove it as it's not very important. Dinesh | Talk 14:14, 23 December 2023 (UTC)
620 billion dollar s 2409:4085:4EB4:9888:0:0:8F4A:D211 ( talk) 13:46, 30 December 2023 (UTC)
I would like to revert India's nominal GDP back to 3.736 trillion as the financial year hasn't ended so it bit immature to update the nominal GDP as soon as the calendar year ends DataCrusade1999 ( talk) 11:09, 2 January 2024 (UTC)
Last line of first paragraph reads: "... and possibly higher per-capita agricultural output and standards of consumption then 17 century Europe."
Here 'than' is mistyped as 'then'. Gakhar201 ( talk) 22:42, 18 January 2024 (UTC)
@
V952010: You updated economy data but caused an error message hit on a date value in |archive-date
.
Achmad Rachmani (
talk)
00:44, 20 February 2024 (UTC)
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The image needed to be resized as it is covering content Oblivion vro ( talk) 13:15, 20 February 2024 (UTC)
There is a dispute over the image in the infobox. Both images are from commons. A user claims that the bottom image is blurry, and that the top image is therefore better. But in reality they are about equal there, assuming that the purpose of the image is to show the city and not the fine detail of a building in the foreground. The blue image looks nicer. The thing that worries me is that neither image has metadata.-- Toddy1 (talk) 14:34, 25 February 2024 (UTC)
I am not sure why people keep reverting the image of the Mumbai skyline to something else. The previous version of the image was much better and potrayed the city as a large metropolis. The new image is a bunch of 4 random buildings. Can someone please update it and lock it such that it cant be changes by any random person? 2406:3003:2007:4A5:A049:7446:5BC2:A6C4 ( talk) 00:11, 20 March 2024 (UTC)
is a bunch of 4 random buildings, nor do i see any such image in the article as a whole. Happy days, ~ Lindsay H ello 16:29, 20 March 2024 (UTC)
a bunch of 4 random buildingsshows buildings in Worli.-- Toddy1 (talk) 17:58, 20 March 2024 (UTC)
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It has come to our attention that the GDP figures for India in the fiscal year 2024-25 have not been updated to reflect the latest data provided by the International Monetary Fund (IMF). Several countries, including USA China, Malaysia, Bangladesh, and many others, have already updated their GDP figures according to the IMF's October report. However, India's GDP figures remain unchanged.
We request that the GDP figures for India be revised to align with the latest data provided by the IMF for transparency and accuracy. It is puzzling why there seems to be reluctance to update India's GDP figures when other countries have done so without issue. We believe that all countries should be treated equally in terms of data reporting and urge for prompt action to ensure consistency and reliability in economic data. Both India Wikipedia page and Economy of India Wikipedia should be updated. Thank you for your attention to this matter. 2402:8100:26E1:592F:F0B2:E112:AC92:65B ( talk) 06:45, 2 April 2024 (UTC)
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An editor has changed
Historians Tapan Raychaudhuri and Irfan Habib claim this state patronage for overseas trade came to an end by the thirteenth century ...
to
Some historians claim this state patronage for overseas trade came to an end by the thirteenth century ...
An obvious objection to the edit is MOS:WEASEL. But there is a citation for the sentence in the article, though if we remove the names, it is unclear whether the citation supports the fact that "some historians" say this, or whether the citation is to a work by the historians in question (the latter is the case).
But MOS:CLAIM is a much bigger objection. The sentence has been written as an expression of doubt. That doubt would be OK, if the Wikipedia article were giving a contrary view, or giving good reasons for that doubt. But that is not the case.
I propose that we change the sentence to: This state patronage for overseas trade came to an end by the thirteenth century ...
--
Toddy1
(talk)
04:53, 6 April 2024 (UTC)
new trade data for FY 2023-24 has been released today the infobox ought to be updated. https://pib.gov.in/PressReleasePage.aspx?PRID=2017942 DataCrusade1999 ( talk) 14:19, 15 April 2024 (UTC)
I said this above and I'll say it here too.
I think the infobox should be updated now to reflect FY 2024-25 figures from IMF.
But I'm inclined for the infobox to be updated after 15 April-2024 because then we would have the data of total Import and Export also.
Regarding the apprehension that some have displayed with regards to IMF figures being predictions and all. I would like to remind everyone that according to Indian governments own estimates the economy isn't 3.7 trillion dollars it's bit less than 3.7 this data can be seen in the latest GDP data on MOSPI website. So if we truly want to have pinpoint accuracy then we should use that data and anyways the actual figures regarding the true size of the GDP come with a 2 year lag earlier it used to be 3 but Government scrapped further revision to the estimates after 2 year here is the link. https://economictimes.indiatimes.com/news/economy/policy/mospi-reduces-no-of-gdp-estimates-timeline-by-a-year/articleshow/108083104.cms?from=mdr. DataCrusade1999 ( talk) 12:17, 7 April 2024 (UTC)
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Archive 1 | Archive 2 | Archive 3 | Archive 4 | Archive 5 |
Dear contributors
Can someone reveal whether Maddison's estimates on India's share of global income, as cited in the colonial section, were based on PPP? These are fascinating figures, and we need to verify the methodology. Tony 14:15, 29 July 2006 (UTC)
Note: I've commented out the copyrighted news story pasted here verbatim from Times of India's website
[1]. --
Ragib
05:17, 10 August 2006 (UTC)
1>The GDP ranking is wrong. The world need not be accounted for. Hence the Rank becomes 5th from the present 6th.
Now the European Union also cannot be accounted for since the economy of various nations of the European Union is shown as different and in many places like in the Economy of France EU is unaccounted for. Either make the change in all the Economy of <countryname> or place the rank of India as 4th. Chanakyathegreat 09:22, 5 October 2006 (UTC)
2>The graph shows both Bangladesh and Pakistan for 1950,1960 and 1970 whereas Bangladesh got created only in 1971.Can someone explain how could the GDP of a non existing country is calculated?
The poverty point in India has declined to 22% in 2006. Please see the link - http://economictimes.indiatimes.com/articleshow/702850.cms Can some update the infobox.
Some of data given in the infobox is wrong. Even CIA world fact book has updated data. Can some please help me in umderstanding how to update the infobox. User:apurv1980 18:30, 11 December 2006 (UTC)
203.199.104.65 12:29, 3 January 2007 (UTC)WIKIPEDIA mentions in this article:
Prime Minister Indira Gandhi nationalised 15 banks in 1969, followed by six others in 1980, and made it mandatory for banks to provide 40% (since reduced to 10%) of their net credit to priority sectors like agriculture, small-scale industry, retail trade, small businesses, etc. to ensure that the banks fulfill their social and developmental goals.
ACTUALLY only 14 banks were nationalised in 1969 [19th July 1969 to be precise].
Source: Website of Reserve Bank of India
http://www.rbi.org.in/scripts/chro_1968.aspx
S.Ravindranath
Bank of India
Mumbai India
203.199.104.65
12:29, 3 January 2007 (UTC)
Indian Poors sacrifice their children for Prosperity.
http://www.expressindia.com/fullstory.php?newsid=79072
Parents sacrificing sons to be prosperous.
vkvora 04:37, 7 January 2007 (UTC)
Human sacrifice has always been an anomaly in India. Even 200 years ago, when a boy was killed every day at a Kali temple in Calcutta, blood cults were at odds with a benign Hindu spiritualism that celebrates abstinence and vegetarianism. But Kali is different. A ferocious slayer of evil in Hindu mythology, the goddess is said to have an insatiable appetite for blood. With the law on killing people more strictly enforced today, ersatz substitutes now stand in for humans when sacrifice is required. Most Kali temples have settled on large pumpkins to represent a human body; other followers slit the throats of two-meter-tall human effigies made of flour, or of animals such as goats.
http://www.time.com/time/magazine/article/0,9171,501020729-322673,00.html
http://www.newhumanist.org.uk/forum/threads.php?id=2220_0_23_0_C
The preceding unsigned comment was added by 59.184.161.148 ( talk) 05:40, 14 January 2007 (UTC).
These links:
Were added by an editor whose only contributions have been to promote the World Bank Group (doingbusiness.org is a World Bank Group project). We have recently uncovered significant edits promoting this organization (see this WikiProject Spam discussion). In the interest of our neutral point of view policy and conflict of interest guideline I've moved the links here for other editors to consider. I personally think that four data links from one organization may be overkill without competing points of view. Also, Wikipedia has articles on the Ease of Doing Business Index and the World Bank Group which may be more appropriate than an external link. Thanks -- Siobhan Hansa 14:04, 27 January 2007 (UTC)
Hi, Shouldn't we be covering the Economic Reforms instituted. They have had a massive impact on the Indian economy and we need to cover it.
Venkatesh 06:09, 30 January 2007 (UTC)
The article is wrong in stating that L&T is ranked #54 and higher than reliance, indian oil, etc. in the forbes listing. Someone probably got that number from one of the niche rankings forbes publishes and wrongly added it to this list. -- Blacksun 15:48, 30 January 2007 (UTC)
The following section:
Implies that the economy grew after 1980. According to the graph opposite, the GDP/Capita went down after 1980. Also, even accounting for the subsequent recovery, the growth after reforms doesn't seem greater than the growth before refroms. In fact it seems less.
I imagine that the graph is right, and the neoliberal propaganda is wrong. Can we do something about this? 87.194.30.86 13:35, 20 March 2007 (UTC)
I think that there are several ways that this article can be improved. 1. The name of the "Notes" section should be changed with the name of the "References" section. 2. The external links should be organized into "official" and "unofficial" branches, each one containing organized groups of organized links. 3. The introduction should be made shorter, with some of the information that would be cut away going to their sections. Johnsmithcba 19:52, 13 April 2007 (UTC)
I cannot find any information on this page regarding the average or median income for India. Where might that information be found. Shouldn't it be incorporated into this page... Discussion?
207.157.13.2
15:41, 11 May 2007 (UTC)
Image:Sbilogo.gif is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.
Please go to the image description page and edit it to include a fair use rationale. Using one of the templates at Wikipedia:Fair use rationale guideline is an easy way to insure that your image is in compliance with Wikipedia policy, but remember that you must complete the template. Do not simply insert a blank template on an image page.
If there is other other fair use media, consider checking that you have specified the fair use rationale on the other images used on this page. Note that any fair use images uploaded after 4 May, 2006, and lacking such an explanation will be deleted one week after they have been uploaded, as described on criteria for speedy deletion. If you have any questions please ask them at the Media copyright questions page. Thank you. BetacommandBot 21:54, 5 June 2007 (UTC)
Image:Reliance group logo.png is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.
Please go to the image description page and edit it to include a fair use rationale. Using one of the templates at Wikipedia:Fair use rationale guideline is an easy way to insure that your image is in compliance with Wikipedia policy, but remember that you must complete the template. Do not simply insert a blank template on an image page.
If there is other other fair use media, consider checking that you have specified the fair use rationale on the other images used on this page. Note that any fair use images uploaded after 4 May, 2006, and lacking such an explanation will be deleted one week after they have been uploaded, as described on criteria for speedy deletion. If you have any questions please ask them at the Media copyright questions page. Thank you. BetacommandBot 08:00, 6 June 2007 (UTC)
With the calculation currently there in the article, hyper inflation would lead to hyper GDP growth. An inflation rate of 100% would increase GDP growth by 100%, the way the math has been done there.
GDP growth numbers reported by the IMF, World Bank and UN agencies are based on dollars. The 2006/7 GDP growth of 9.4% for example is calculated from: (GDP in 2006 in rupees * dollar-rupee-rate in 2006) - (GDP in 2005 in rupees * dollar-rupee-rate in 2005)
This automatically accounts for rupee appreciation against the dollar.
Goldman Sachs is a reputed investment firm. You can't question their economic reports without substantial backing.
Image:IndianBankNotes.JPG is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.
Please go to the image description page and edit it to include a fair use rationale. Using one of the templates at Wikipedia:Fair use rationale guideline is an easy way to insure that your image is in compliance with Wikipedia policy, but remember that you must complete the template. Do not simply insert a blank template on an image page.
If there is other fair use media, consider checking that you have specified the fair use rationale on the other images used on this page. Note that any fair use images uploaded after 4 May, 2006, and lacking such an explanation will be deleted one week after they have been uploaded, as described on criteria for speedy deletion. If you have any questions please ask them at the Media copyright questions page. Thank you.
BetacommandBot 04:07, 1 October 2007 (UTC)
I removed a huge block of text which disputed the Goldman Sachs report in excruciating depth. While interesting, it is original research and throws the article completely out of balance. The block may be found here for reference. — Ravikiran 16:48, 2 October 2007 (UTC)
Gunjan, please discuss here about that disputed block of text. My objections are stated above. It is original research and makes the article unbalanced. — Ravikiran 13:17, 3 October 2007 (UTC)
This issue has been on my to-do list for a very long time, and I completely agree with Ravikaran's analysis. To summarize:
Gunjan, I understand that you added your analysis in good faith, but I hope you will click on the policy links I have provided above and understand why the additions are inappropriate for wikipedia. If you disagree, feel free to discuss it on this talk page. Cheers. Abecedare 00:33, 4 October 2007 (UTC)
OK - hope you guys listen to this, because this is the last straw, and my faith in the sincerity of the people maintaining this page (and not something driven by pure ego) has already fallen quite low:
1.Ravikaran- stop reverting the rankings - India is now the 3rd largest economy as of 2007 not 4th- read the Wiki data behind the link!!!! Be a bit less trigger happy about deleting content or reverting to old data before verifying stuff- unless you really want to kill this page and make it obsolete, or want to get blocked from editing because of 3RR.
2. Perhaps I might be less familiar with Wiki, but Ravikiran you need to be a bit more thoughtful before put sentences which don't make any sense or severely damage the page content (like the future economy is now a meaningless stubb and a huge gap in an article that talks about the second fastest growing and the third largest economy in the world -what a terrible decline in just 1 week- and thanks to the history we all know who is behind it!)- you even deleted reasonable stuff about Goldman Sachs report that was not even added by me. Just because you think it is not relevant does not make it so- remember that. You have to have a strong reason for going around deleting contents that have no errors in them- and fit well in the page. Remember- there are a lot of pages in Wikipedia that do not go beyond the superficial stuff- you don't want this page to end up there- just because knowledgeable people find it difficult to add any new content because of your hegemony.
3. The stuff I added was a summary of what I presented at the Linucon 2004 conference - it was my research but not "original research" (and had a link to that paper presentation). The historical data on decline of India's PPP were not even research -that was just facts- important ones in the context of the discussion. Oh, btw, having a PhD in Machine Learning from UT Austin, and having worked for S&P, Amazon and other companies as a financial modeler for a few years now- I "might" know more than you about macro-economics (not sure what your background is - but sorry to say Ravikaran, you do not seem to be able to grasp even basic concepts-from what I could tell from your toxic comments. It is a huge and unfortunate loss for this page having an unqualified zealot driving it. Taking advice from Wikipedia itself, I am now formally giving up wasting my time on it- as the Wiki page on mediating dispute suggests - move on... creat a new page, perhaps in the future some more reasonable editors who would be open to new ideas and facts glaring at their face that are relevant today, and who respect others as they would want others to respect them, will come along.
gunjankg 01:19, 5 October 2007, PST
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BetacommandBot ( talk) 19:43, 26 November 2007 (UTC)
Hi,
"An estimate by Cambridge University historian Angus Maddison reveals that India's share of the world income fell from 22.6% in 1700, comparable to Europe's share of 23.3%, to a low of 3.8% in 1952.[17] While Indian leaders during the Independence struggle, and left-nationalist economic historians have blamed colonial rule for the dismal state of India's economy in its aftermath, a broader macroeconomic view of India during this period reveals that there were sectors of growth and decline, resulting from changes brought about by colonialism and a world that was moving towards industrialisation and economic integration.[18][19]"
This statement is partisan, and only puts forth one point of view. The phrase "left-nationalistic economic historians have blamed" is a straw man, and the following statements seem to be cyclical ("changes brought about by colonialism" is presented as a counterpoint to "blamed colonial rule", while these two ideas are essentially the same). Much scholarship at Cambridge, Chicago, and other universities have put forth a more balanced view which factors in British mismanagement of the Indian economy and the use of poverty for political gain (ex. Easterly's "White Man's Burden"). I believe that there should be room for these viewpoints rather than airing just one rather one-sided one, and one that's from a unbalanced source (references 18, 19 are from OUP, and Oxford is not renound for allowing discussion of the negative aspects of colonialism). —Preceding unsigned comment added by 142.1.153.51 ( talk) 01:44, 11 December 2007 (UTC)
--Agreed, please add any solid references you have. Make sure they are watertight, because some people on here are only too happy to delete anything 'anti-colonial'. —Preceding
unsigned comment added by
92.10.192.78 (
talk)
09:36, 27 March 2008 (UTC)
After the liberalization of the economy, the poor has benifited the most. [5] Before the license raj, a limited amount of people who did business with the politicians, the politicians and those who started very early were wealthy. This has changed with the liberalization and the wealth distribution is getting even. This is a good sign of progress. Chanakyathegreat ( talk) 12:26, 30 December 2007 (UTC)
The page states that 59% of the total workforce of India was employed by the agriculture sector in 2016 and that 57% of the workforce was employed by the retail sector in the same year (2016). These stats are based on adding the indirect and induced employment to direct employment based on the source, but this is never indicated and seems more confusing than simply listing direct employment by sector. Plus the listed totals add up to far more than 100% which seems unclear. — Preceding unsigned comment added by 75.186.24.194 ( talk) 02:54, 23 May 2018 (UTC)
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14.139.226.50 ( talk) 11:43, 11 June 2018 (UTC)
Change the line in first paragraph of the page "It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP)" to It is the world's seventh-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP)." Recommended change is to the word "fifth" to "seventh" .
Reason for this : The hyper link mentioned for the "fifth largest economy" in the existing page states that India is at seventh position as per IMF's 2018 data.
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The poverty data given in the article is woefully out of date, at >20%. According to worldpoverty.io and the world bank, the rate is now close to 5%. The data is both misleading and outdated. Almost all other figures on the sidebar are from 2016/17, but only this one is from 2011, and should be updated since the percentage has dropped to a quarter of what it was. Drainbox ( talk) 13:33, 1 July 2018 (UTC)
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Population below poverty line - 5.3% or 71.5 millions Source- https://www.brookings.edu/blog/future-development/2018/06/19/the-start-of-a-new-poverty-narrative/ https://edition.cnn.com/2018/06/26/africa/nigeria-overtakes-india-extreme-poverty-intl/index.html Mohak004 ( talk) 00:57, 30 July 2018 (UTC)
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Jessishere123 ( talk) 02:49, 29 September 2018 (UTC) Growth =8.2%(projected)
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Percentage of population below poverty line can be updated to 4.7% as per the world poverty clock ( November 2018 ). Tanmay0186 ( talk) 05:45, 6 November 2018 (UTC)
Please find below the source: https://worldpoverty.io/ Tanmay0186 ( talk) 09:35, 12 November 2018 (UTC)
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there is a change in GDP RANK. we are 5 th rank in gdp but there is 6th written. please change as our gdp is more than UK Shailender reddy ( talk) 07:40, 6 December 2018 (UTC)
Nominal GDP should read 3.0530 trillion USD
GDP per capita also needs updating to USD 2006
India position on nominal GDP to rise to 5th from 6th overtaking UK — Preceding unsigned comment added by 14.141.147.33 ( talk) 05:54, 12 January 2019 (UTC)
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Shanbs1 ( talk) 05:49, 19 January 2019 (UTC)
therisapalli cheppeed or copper plate incription is not for a christian person but to Mr. Joseph raban a jew settled in then cochin principality. it granted permission for trade to persons registered under him to do bussiness in the town and inside the fort. these traders were from ezhavar community of kerala who were mainly into trading, farming , indusrties etc.
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There is a need to update the Indian Economy's ranking in light of new data. The Indian economy is now the world's Fifth largest by nominal GDP and 3rd largest by PPP. The article's statement that India is the world's seventh largest by nominal GDP is outdated. RajvirBatra ( talk) 16:19, 5 February 2019 (UTC)
Lets add revenue ppp (2.6 trillion$) Adityabraggs ( talk) 17:05, 25 February 2019 (UTC)
Need to change populaion under poverty Adityabraggs ( talk) 11:23, 9 March 2019 (UTC)
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Change Nominal GDP from $2.948 trillion to $2.848 trillion as it has been incorrectly copied from the source, the IMF website given below:
https://www.imf.org/external/pubs/ft/weo/2018/01/weodata/weorept.aspx?pr.x=48&pr.y=6&sy=2017&ey=2018&scsm=1&ssd=1&sort=country&ds=.&br=1&c=534&s=NGDPD%2CPPPGDP%2CNGDPDPC%2CPPPPC&grp=0&a= Shre rj ( talk) 09:40, 11 March 2019 (UTC)
I just saw US Economy page on Wikipedia the US Nominal GDP is 21.1 trillion but that is IMF approximation same goes for China they also used IMF approximation so why we are not using the same approximation for India we should change India's GDP from 2.7 trillion to 2.9 trillion.And if you want to verify open US Economy wiki page and check out the citation for US Nominal GDP. And also according to IMF estimate India is currently the world's 5th largest economy.Here is the link. https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weorept.aspx?pr.x=76&pr.y=17&sy=2019&ey=2020&scsm=1&ssd=1&sort=country&ds=.&br=1&c=924%2C132%2C134%2C534%2C158%2C112%2C111&s=NGDPD&grp=0&a= User:DataCrusade1999|DataCrusade1999]] ( talk) 17:29, 1 May 2019 (UTC)
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India is now sixth largest economy of the world not seventh. 2409:4041:609:AF61:6B7B:F847:602C:BE9 ( talk) 11:25, 9 February 2019 (UTC)
https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weorept.aspx?pr.x=39&pr.y=17&sy=2017&ey=2021&scsm=1&ssd=1&sort=country&ds=.&br=1&c=534&s=NGDPD,PPPGDP,NGDPDPC,PPPPC&grp=0&a= We can check UK and France but India is the sixth largest Economy in the world. But I am using IMF approximation because every other countries Economy page on wiki are also using IMF approximation like US and China. DataCrusade1999 ( talk) 04:27, 2 May 2019 (UTC)
India is currently the 5th largest Economy in the word when it comes to Nominal GDP this is according to IMF so please make change ASAP here is the IMF Link. https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weorept.aspx?pr.x=76&pr.y=17&sy=2019&ey=2020&scsm=1&ssd=1&sort=country&ds=.&br=1&c=924%2C132%2C134%2C534%2C158%2C112%2C111&s=NGDPD&grp=0&a= DataCrusade1999 ( talk) 06:57, 2 May 2019 (UTC)
Gdp nominal 2,957.720 Gdp ppp 11,412.971 Per capita nominal 2,188.029 Per capita ppp 8,442.960 Source- International monetary fund IMF
https://www.imf.org/external/pubs/ft/weo/2018/02/weodata/weorept.aspx?pr.x=60&pr.y=8&sy=2019&ey=2019&ssd=1&sort=country&ds=.&br=1&c=512%2C668%2C914%2C672%2C612%2C946%2C614%2C137%2C311%2C546%2C213%2C962%2C911%2C674%2C314%2C676%2C193%2C548%2C122%2C556%2C912%2C678%2C313%2C181%2C419%2C867%2C513%2C682%2C316%2C684%2C913%2C273%2C124%2C868%2C339%2C921%2C638%2C948%2C514%2C943%2C218%2C686%2C963%2C688%2C616%2C518%2C223%2C728%2C516%2C836%2C918%2C558%2C748%2C138%2C618%2C196%2C624%2C278%2C522%2C692%2C622%2C694%2C156%2C142%2C626%2C449%2C628%2C564%2C228%2C565%2C924%2C283%2C233%2C853%2C632%2C288%2C636%2C293%2C634%2C566%2C238%2C964%2C662%2C182%2C960%2C359%2C423%2C453%2C935%2C968%2C128%2C922%2C611%2C714%2C321%2C862%2C243%2C135%2C248%2C716%2C469%2C456%2C253%2C722%2C642%2C942%2C643%2C718%2C939%2C724%2C734%2C576%2C644%2C936%2C819%2C961%2C172%2C813%2C132%2C726%2C646%2C199%2C648%2C733%2C915%2C184%2C134%2C524%2C652%2C361%2C174%2C362%2C328%2C364%2C258%2C732%2C656%2C366%2C654%2C144%2C336%2C146%2C263%2C463%2C268%2C528%2C532%2C923%2C944%2C738%2C176%2C578%2C534%2C537%2C536%2C742%2C429%2C866%2C433%2C369%2C178%2C744%2C436%2C186%2C136%2C925%2C343%2C869%2C158%2C746%2C439%2C926%2C916%2C466%2C664%2C112%2C826%2C111%2C542%2C298%2C967%2C927%2C443%2C846%2C917%2C299%2C544%2C582%2C941%2C474%2C446%2C754%2C666%2C698&s=NGDP_RPCH%2CNGDPD%2CPPPGDP%2CNGDPDPC%2CPPPPC&grp=0&a= Silentassassin265 ( talk) 14:49, 17 June 2019 (UTC)
Please edit it
Silentassassin265 ( talk) 15:54, 17 June 2019 (UTC)
The following Wikimedia Commons file used on this page has been nominated for deletion:
Participate in the deletion discussion at the nomination page. — Community Tech bot ( talk) 16:07, 3 July 2019 (UTC)
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Typo in "health household savings" -> "healthy ..." Raipta ( talk) 04:46, 1 September 2019 (UTC)
In the introduction India is mentioned as second in start up hub rank whereas the source states it to be fourth also the year is wrong. Kindly make the necessary changes. Abhinav0908 ( talk) 17:00, 9 March 2019 (UTC)
Hi @ KREOH: I have added new information in the lead section, since you are an active contributor to economic articles can you tell me is there anything new that I need to add to the lead. Read the entire lead then tell me what is required.-- Aakanksha55 ( talk) 05:56, 15 September 2019 (UTC)
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In the introductory portion (3rd paragraph) of the wiki page, change the contribution of agriculture to GDP which is written 50%. That figure is correct for the year 1950, but now the contribution of agriculture to GDP is 15.87%, as mentioned in the same wiki page itself, on the right column. Here goes an external reliable link/source that asserts the same: http://statisticstimes.com/economy/sectorwise-gdp-contribution-of-india.php Sambitroy610 ( talk) 20:46, 1 October 2019 (UTC)
The new projected gdp numbers for 2020 needs to be updated, Nominal GDP to 3.25 trillion USD and PPP to 12.75 USD trillions. — Preceding unsigned comment added by 14.141.147.33 ( talk) 07:35, 9 January 2020 (UTC)
As we know that inda is a country of collection of village. in our lovely country many people lived and they servive on the farming. they are all days and night farming to update is economy — Preceding unsigned comment added by Rajsharma5y ( talk • contribs) 11:20, 25 January 2020 (UTC)
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Add the following to the "Remittances" section
Justification for inclusion: Following deepen the CONTEXT: Hawala and Hundi are also remittances system of/to/from India. Their inclusion enriches the context by linking it to historical and contemporary modes. FATF governs money transfer/laundering/terror funding which are important issues.
Indian diaspora, Greater India and Indianisation drive and influence the remittances. 58.182.176.169 ( talk) 04:55, 27 February 2020 (UTC)
{{
Main}}
pointer. An excessive list of "See also"s for a section is generally inappropriate, especially when it's a mere 3 sentences long. –
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carbon •
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List of the largest trading partners of India- China, USA, UAE, Saudi Arabia, Switzerland, Germany, Hong Kong, Indonesia, South Korea, Malaysia, Singapore, Japan, Iran, Iraq, South Africa and Australia. Megha Parmarr ( talk) 09:16, 27 February 2020 (UTC)
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trading partner Megha Parmarr ( talk) 03:56, 29 February 2020 (UTC)
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change "India's largest trading partners are China, USA, UAE, Saudi Arabia, Switzerland, Germany, Hong Kong, Indonesia, South Korea, and Malaysia" to "[ largest trading partners] are China, USA, UAE, Saudi Arabia, Switzerland, Germany, Hong Kong, Indonesia, South Korea, Singapore, Germany, Hong Kong, South Africa, South Korea, Australia and Malaysia" Megha Parmarr ( talk) 07:08, 28 February 2020 (UTC)
Can there be some more information in this article about the union budget of India over the years... and in turn linked to the main article? DTM ( talk) 11:16, 6 March 2020 (UTC)
Please could editors editing this have a look at " Economic impact of the 2019–20 coronavirus pandemic in India". Please try to improve it in any way you can. Also, would a seperate subsection for the article be suitable here? DTM ( talk) 09:58, 22 April 2020 (UTC)
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2405:204:A7:4B0E:DDD0:5220:F8E7:84E5 ( talk) 04:40, 23 June 2020 (UTC)
India nominal gdp is 4 trillion $
India's total foreign exchange (Forex) reserves stand at around US$ 517.637 billion on 17th July 2020 Rajeshtrp ( talk) 08:36, 28 July 2020 (UTC)
India's total foreign exchange (Forex) reserves stand at around US$ 517.637 billion on 17th July 2020 Rajeshtrp ( talk) 08:36, 28 July 2020 (UTC)
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India's total foreign exchange (Forex) reserves stand at around US$ 517.637 billion on 17th July 2020 Rajeshtrp ( talk) 08:33, 28 July 2020 (UTC) Plz remove the wrong information of India's forex reserves
India's total foreign exchange (Forex) reserves stand at around US$ 517.637 billion on 17th July 2020 Rajeshtrp ( talk) 08:33, 28 July 2020 (UTC)
Applaused has been adding data from IMF staff estimates for 2020 economic indicators, I disagree and think we should wait for MOSPI data. Kindly put forth your opinions here so we can reach consensus. Prolix 💬 07:04, 14 October 2020 (UTC)
Prolix so when india economy in skyrocketing we allow to include data next year. but when in bottom we not allow? beside, it's the same source from IMF website.
Hi All @ KREOH: @ Goldsztajn: @ Prolix: In the lead section of the first paragraph it states India is a "market economy". But sources provided does not confirm clearly that Indian economy is a market economy. Moreover technically speaking no economy in the world is fully market economy especially during times of recession governments across the world do intervene through monetary and fiscal policy. And governments introduce huge stimulus package in a Keynesian economic style. In Indian context from 1950-1991 India was strictly mixed economy with heavy influence of socialist policies from 1991 it adopted free market system, so rather mention " mixed- market economy" or " social market and market-orientated economy" or mixed- free market economy which ever you find suitable. Remember finding sources which quotes exactly these words would be difficult. So a brief note needs in ref needs to be mentioned since users won't get confused. And if you guys find good scholarly sourced then pls feel free to add. Thanks-- 103.102.116.225 ( talk) 06:28, 2 November 2020 (UTC)
Article should be monitored for whitewashing history by pro-Indian editors. India is not the world's largest economy, china was, see
/info/en/?search=List_of_regions_by_past_GDP_(PPP) — Preceding unsigned comment added by 68.132.99.144 ( talk) 03:25, 31 December 2020 (UTC)
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Please update "Labour force by occupation" in infobox: Agriculture: 41%, Industry: 26%, Services: 32% (FY 2020).
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Please update the following data in Infobox and also update its given sources
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Hey, my problem with the claims about Mysore, stems from this discussion [6]. Pleas read it. The claim that Mysore wages were higher then British is original research. Parthasarathi actually says that "At the moment, the quantitative data are inconclusive, but the figures for India that have been obtained from primary sources are radically different from the scattered earnings data found in the secondary literature. This indicates that more research is needed on the basis of primary evidence for India". Neither he nor Sivramkrishna say that Mysoreans wages were higher than British, this is simply original research. I think this should be rewritten more neutrally, like "according to Parthasarathi and Sivramkrishna the grain wages of weavers in India were as high as British", or something like this. DMKR2005 ( talk) 17:12, 7 January 2021 (UTC)
Hey, just saying that I used "maybe higher", because according to Sivramkrishna [7], which is the source that Parthasarathi used in the book: " Before anyone jumps to conclusions about living standards in southern India in the early nineteenth century, we hasten to add a cautionary note on the state of the economy at the time of Buchanan Journey. We had mentioned earlier that our paper is based entirely on observations recorded at one point of time", on page 729. And of course Parthasarathi himself said that more research is needed, before any conclusion could be drawn. Although I think your changes are fine, though I would prefer to use "could be as high" DMKR2005 ( talk) 16:24, 10 January 2021 (UTC)
"However they concluded that due to the scarcity of data, it was hard to draw definitive conclusions, and that more research was required."is enough to convey to the reader that the data here is not definitive and that a lot of this is based on assumptions and inconclusive information. Prolix 💬 18:38, 10 January 2021 (UTC)
During 2014-2018 India was not the fastest growing economy, China was; Indian government changed the calculation of the GDP figures to deceive others.
Exactly
Tayyab Ahmad67 ( talk) 21:32, 13 January 2021 (UTC)
I'm just gonna copy, part of my criticism from Mughal empire talk page: "Mughal India's workforce had a higher percentage in the non-primary sector than Europe's workforce did at the time" is referenced to Cipolla. But Cipolla says that "Because of lack of statistical data, no one will ever know with any degree of accuracy what percentage of European population was employed in the primary sector". Ciopolla says that even for mid 18 century the data is imprecise. Most importantly neither Cipolla nor Yazdani say that Mughals had higher percentage in the non primary sector then europe. This statement is simply original research, combining two sources to draw conclusion . In fact I've never saw any economic historian saying anything like this.
I am also skeptical about the claim that Mughals had higher per-capita agricultural output and standards of consumption. The cited source is Franks's article, which in itself cites Irfan Habib, Percival Spear, and Ashok Desai.The same source also says that: "Ken Pomeranz(1997) however suggest that European standards of consumption were higher than Asian one", which is kind of strange, as Pomeranz would later write Great Divergence, where he would argue, that standards of living were comparable, at least for China. They seem to me quite dated authors, as a lot of new information have been produced since, from Broadberry, Gupta, Parthasarathi, de Zwart and others. Some of them disagree with there conclusion while others back it up. For newest data see [8]. In regards to the claim we should at least mention that Frank is talking about 17 century. DMKR2005 ( talk) 17:39, 21 January 2021 (UTC)
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GDP per capita of india should be 2029$ in nominal but it is showing less ,you can calculate it 2405:204:221F:B26:0:0:BE2:A8A4 ( talk) 06:36, 22 February 2021 (UTC)
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2401:4900:47D7:E7A5:0:0:620:33BA ( talk) 14:01, 12 May 2021 (UTC)
GDP of India is 3.15 trillion making it the 5th largest economy, surpassing U.K.
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growth =
DEBAISH GHOSH MAJUMDAR ( talk) 01:16, 18 June 2021 (UTC)
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References
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population = 1,392,000,000 (2021 est.)
[1]
DEBAISH GHOSH MAJUMDAR (
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References
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gdp =
DEBAISH GHOSH MAJUMDAR ( talk) 01:05, 18 June 2021 (UTC)
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| population = 1,393,012,692 (18 June , 2021est.)
}} DEBAISH GHOSH MAJUMDAR ( talk) 13:52, 18 June 2021 (UTC)
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Population growth rate = 0.99
Nominal (per capita) =$2,193 (Q1 2021/2022)
GDP (PPP) =
10.23trillions (Q1 2021/2022)
PPP per capita =
$7,336 (Q1 2021/2022)
1.6% ( JUNE 2021/22)
11.21% below $1.90/day (2021)
38.42 below $3.20/day
(2021)
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population = 13,000,04385(2021 est.)
[1]
| gdp =
| gdp rank =
DEBAISH GHOSH MAJUMDAR ( talk) 13:38, 18 June 2021 (UTC)
References
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caption = Mumbai, the financial centre of India captipn = Bangalore , the Silicon valley of India DEBAISH GHOSH MAJUMDAR ( talk) 11:24, 18 June 2021 (UTC)
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Please don't revert. There are some source they shows different results.
90% Indian's earn less then 12,000 per month. Then how can it be 32,000? Dinesh | Talk 03:43, 6 July 2021 (UTC)
Because we are talking about the average salary out here NOT the median salary. The number would have been much lesser had we stated the median salary. - user:addie293 — Preceding undated comment added 16:00, 6 July 2021 (UTC)
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Please
58.182.176.169 ( talk) 20:32, 2 August 2021 (UTC)
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Please this somewhere, perhaps at the end in "see also" section or "see also" navigation template in history section.
58.182.176.169 ( talk) 18:29, 6 August 2021 (UTC)
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Please add the following quote to the "British era" section:
"Company official John Sullivan observed in the 1840s: 'The little court disappears - the capital decays - trade languishes - the capital decays - the people are impoverished - the Englishman flourishes, and acts like a sponge, drawing up riches from the banks of the Ganges, and squeezing them down upon the banks of the Thames'. India that the British East India Company conquered was no primitive or barren land, but the glittering jewel of the medieval world. Its accomplishments and prosperity - 'the wealth created by vast and varied industries' - were succinctly described by a Yorkshire-born American Unitarian minister, J. T. Sunderland. At the beginning of eighteenth century, as the British economic historian Angus Maddison has demonstrated, India's share of world economy was 23 per cent, as large as all of Europe put together. By the time the British departed India, it had dropped to just over 3 per cent. The reason was simple: India was governed for the benefit of Britain. Britain's rise for 200 years was financed by its depredation in India."
Thanks.
58.182.176.169 ( talk) 14:55, 17 August 2021 (UTC)
{{
edit semi-protected}}
template. This quote seems overly long for the section.
ScottishFinnishRadish (
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15:14, 17 August 2021 (UTC)References
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GDP of India is currently 3.17 trillion dollars. 110.226.9.23 ( talk) 11:54, 24 September 2021 (UTC)
india other country are not to save a bird they cannot intrest in nature the people can be used artificial thing people have not to attached environment these can be besiege in their office work and another time with their cell phone other thing the birds are die to vibration and harmful ray of trasformer and cell phone — Preceding unsigned comment added by 2401:4900:471C:9CCB:ADC1:D071:6B77:D070 ( talk) 14:10, 3 October 2021 (UTC)
According to Pradeep Rathore economic historian Angus Maddison in his book The World Economy: A Millennial Perspective, India was the richest country in the world and had the world's largest economy during 0 BCE and 1000 BCE. [1] [2] Also for most of the period when China was the dominant economy in the world, India held the second position of the largest economy. [1]
(Economic facts and statistics are missing in economic section and Wikipedia article. Include the above reality into India main wikipedia article.) — Preceding unsigned comment added by 106.204.24.0 ( talk) 21:57, 20 May 2013 (UTC)
References
{{
cite web}}
: Check date values in: |accessdate=
(
help)
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There is currently a ref in the infobox named https://worldpoverty.io/headline, which is undefined (as the reference URL is being used as the refname).
It was introduced in
this edit on September 1st.
The current ref:
<ref name="https://worldpoverty.io/headline" />
should be reformatted as:
<ref>[https://worldpoverty.io/headline People in the world living in extreme poverty]</ref>
Instead, if the source is unreliable, the details could be reverted back to the previous details, as shown in the edit details.
Thanks 89.241.33.89 ( talk) 16:01, 10 October 2021 (UTC)
Update required: Inflation rate of India fell in Aug 2021 and is 5.3% the page still shows data of June 2021 kindly update it as soon as possible. [1] MindOfOm ( talk) 04:19, 10 October 2021 (UTC)
References
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I am sending a response because there have been changes of the years. I want to correct the mistakes. 173.183.161.26 ( talk) 00:06, 1 November 2021 (UTC)
India has the 5th highest gdp thing suka's 2A02:A451:11F9:1:B036:438A:E7CA:65DF ( talk) 18:25, 23 November 2021 (UTC)
This article is very outdated. I currently don't have much free time. If anyone is able to edit this article. Please do it. I saw some places where the data given is from 2011!! A lot has changed since then. Please look into it if anyone has time. Thank you!! ~Spirit 103.253.203.132 ( talk) 02:42, 24 December 2021 (UTC)
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India's economy is now 3.1 trillion $. Mavihs rundip ( talk) 07:55, 8 January 2022 (UTC)
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Economic Condition of India. 2409:4043:79E:DECD:4237:1556:59EA:3AB9 ( talk) 02:37, 30 January 2022 (UTC)
Not done: it's not clear what changes you want to be made. Please mention the specific changes in a "change X to Y" format and provide a
reliable source if appropriate.
Dinesh |
Talk
05:33, 31 January 2022 (UTC)
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please the gdp growth rate of india in 2020-2021 from -7.3% to -6.6% [1] Centriputal ( talk) 19:18, 31 January 2022 (UTC)
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change the gdp growth in 2020-2021 from -7.3% to 6.6% [1] Centriputal ( talk) 19:15, 31 January 2022 (UTC)
The article does not mention the number in USD 106.51.142.88 ( talk) 20:15, 29 January 2022 (UTC)
Plwase change the picture of mumbai and change it with so beautifull skyline of mumbai Poppat muhammad ( talk) 07:24, 3 February 2022 (UTC)
{{
edit semi-protected}}
template.
Dinesh |
Talk
09:04, 3 February 2022 (UTC)Hi @ Ruk469: Please check this official MOSPI Source [9] or this [10] or [11] all three MOSPI source states GDP contracted by more than 7%. Don't go by Indian news report they're unreliable and publish bullshit news most of time. Their credibility and journalistic qualities are highly questionable. Thanks-- Mariam57 ( talk) 13:46, 25 March 2022 (UTC)
Hey guys i have recently updated import/export data of indian economy acc. To the new data by ministry of commerce , few days earlier also i triedbut my changes were reverted bcz i didnt clearly gave proof . Bt this time i added citations to all my new data , its more elaborate (link to govt website : ( https://commerce.gov.in/ ) plase click on "latest trade figures" tab there you can get all data of what i was editing + i am new to wikipedia so it takes multiple edits for me to add up new things , plz bear with me : ) Poppat muhammad ( talk) 15:24, 29 March 2022 (UTC)
Change unemployment rate i read article of ECONOMIC TIMES That unmployment rate has gone down from 49.7% to 37.2% : ) Poppat muhammad ( talk) 16:34, 5 April 2022 (UTC)
Latest data pf export statistics is out for March 2022 and data on page is of (Apr-Feb of FYI 2021-22) please update data according to (Apr-Mar of FYI 2021-22)
Yours sincerely , Than you, Poppat muhammad ( talk) 16:36, 5 April 2022 (UTC)
Hey dinesh , its me again ! I recently noticed that Export/Import data is still stuck at Apr-Feb (2021-22) , as we know now its 15th Apr 2022 , new FYI has started , i think you should update export figures for complete FY(2021-2022) :)
I read articles which said export is now $669.95 Billion Poppat muhammad ( talk) 05:28, 15 April 2022 (UTC)
please check the link before reverting the changes As data of export/import for March 2022 is out on https://commerce.gov.in/wp-content/uploads/2022/04/Screenshot_3.png So i added up previous data of (Apr-Feb 2021-22 ) with March 2022 It is accurate up to 2 decimal places ...... THANK YOU : ) Poppat muhammad ( talk) 13:09, 19 April 2022 (UTC)
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Export and Import figures are written wrong here in the page. It is only showing the export and import figures of merchandise goods without adding the export and import of services which is wrong.
The total export of india (Merchandise + services) for 2022 is $668.89 billion.
The total import of india (merchandise + services) for 2022 is $756.68 billion.
Please update these export and import figures by verifying the figures from the official governmental published report.
Here is the reference of export and import figures for 2022 from india's official governmental website: https://commerce.gov.in/trade-statistics/latest-trade-figures/
Requesting you to update the export and import figures as soon as possible. Thanks. Contribution888 ( talk) 05:36, 24 April 2022 (UTC)
The export and import figures are still not updated. The figures are still wrong. Contribution888 ( talk) 07:16, 26 April 2022 (UTC)
No you are wrong Sneha. To see the total export and import amount of whole year, download the pdf of "India’s Foreign Trade: March 2022" from this the official governmental website: https://commerce.gov.in/trade-statistics/latest-trade-figures/
Its clearly mentioned in the pdf. Everyone can see from the official governmental source. Again requesting you to update the actual figures of export and import. Don't mislead the figures. Thanks. Contribution888 ( talk) 19:52, 26 April 2022 (UTC)
I am still not able to see the actual export and import figures. It is still showing the wrong export and import figures. Thanks. Contribution888 ( talk) 07:58, 27 April 2022 (UTC)
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population below poverty line in india 6% on less than $3.2/day. But in the page someone has updated wrong by writing 46% on less than $3.2/day.
2 days ago it was showing correct poverty population percentage of 6% on less than $ 3.2/day. Now, someone has changed the poverty population percentage to 46% on less than $ 3.2/day which is wrong.
Requesting you to update the Population below poverty line percentage of $3.2/day to 6%. Thanks. Contribution888 ( talk) 05:52, 25 April 2022 (UTC)
Is it still being reviewed ? It does not even requires to be reviewed because a profile called "Maryam54" just changed the figure from 6% to 46% without any reason. Here just need to undid the wrong change made by profile "Maryam54" which is baseless and misleading information. Requesting you to revert back the change to 6% from 46% as soon as possible. Cause the figure of 46% is just baseless and misleading. Thanks. Contribution888 ( talk) 07:51, 27 April 2022 (UTC)
If these kinds of things will keep happening on the wikipedia pages then the trust of Wikipedia would be decreased in people's eyes. So it is our reponsibility to correct the wrong and misleading informations as soon as possible. So that trust of wikipedia would not be damaged. Cause millions of people read wikipedia page daily and they don't deserve to read wrong and misleading information. Thanks. Contribution888 ( talk) 07:55, 27 April 2022 (UTC)
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Population of India and economic activities 2409:4066:E15:109A:0:0:EACA:880C ( talk) 07:12, 9 May 2022 (UTC)
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Compared to previous governments , India has developed very quickly under Modi government. 2402:8100:387F:8424:1:0:F7E:DA16 ( talk) 02:51, 13 May 2022 (UTC)
We should add the multidimensional poverty index(mpi) data released by Niti Aayog in November 2021 which states that 25.01% are mpi poor. Ruk469 ( talk) 05:26, 11 May 2022 (UTC)
Pinging @ Mariam57, Dineshswamiin, Ohnoitsjamie, and Fylindfotberserk: for Solution or Conensus. Here is the issue, recent changes made by User:Dineshswamiin, User:Mariam57 and others including me in Good faith with reliable citation are being reverted without convincing reasons by User:Contribution888 acting like WP:DONTGETIT.
I could create an RfC but RfCs are time consuming, and editors time is valuable. Before using the RfC process to get opinions from outside editors, it's often faster and more effective to thoroughly discuss the matter with any other parties on the related talk page.
So, First the concern is about Population below Poverty Line. Contribution888 and @ Ruk469, both were deviating from the Reliability and were engaged in Wikipedia:Edit war. Sources like this [13] are generally not quite reliable. When both warned, User:Ruk469 aknowledged but User:Contribution888 followed Uncivility and Harassment. Although this is different from the topic of concern and will be uphold on relevant spaces.
Again, Contribution888 referenced Bare PDF citing IMF report which had no specific point to directly support the figure (example: parameter like page no.) and it doesn't conform to Wikipedia's article standard. See that edit by User:Contribution888 here [14]
Following all these things, the most reliable sources is World bank, in fact, IMF also collaborate with World bank on Macro Poverty Outlook and refers to World Bank Reports when dealing with Poverty Outlook on their own reports. A report on poverty in South Asia is published annually and at spring named as South Asia Economic Focus. [15] It clearly states the figure of 61.7% below $3.2/day. Have a look here on Page 10 on the table [16]
I made the changes following the citation, see here, [17] and was reverted again by User:Contribution888 with misleading edit summaries violating civility without even verifying the source. See here [18] and the user chose to Edit War for once again.
The Second concern is about removal of Sourced content by the same user and the reason given is "(Poverty rate of india in 2021 is 6% according to world poverty clock 2021. Please don't provide old data of 2011. Thanks.)". See edits of User:Dineshswamiin reverted by User:Contribution888 here [19]
Please verify all above and leave your valuable comments to reach to consensus regarding concerned topic. Sneha04 💬 06:16, 9 May 2022 (UTC)
Hey folks, The first thing is that @Sneha04 is being so biased and doing her best to present old data of 2011 regarding the population below poverty line of $3.2 . According to 2021 estimates, the population below poverty line is 6%. You can read thousands of articles on that. And Everyone knows that. But @Sneha is posting figures of 2011. Second thing is that The population living in extreme poverty is 0.8% in 2022 according to International Monetary Fund. Everyone knows that but still @Sneha is posting old figure of 2011. Yesterday she sent me messages by threatening me that I would be blocked just because I posted the actual figures with proper sources of latest years 2021 and 2022 which according to her is edit war. When today I sent her message regarding her biased posting information then she deleted the her user talks by giving false reason of uncivil act. Wikipedia is not for posting the biased information to oppose the government or anybody. But she is trying her best to degrade the government by posting the biased information. Thanks all the wikipedia folks. Hope you all can see everything clearly. Contribution888 ( talk) 06:43, 9 May 2022 (UTC)
@ Sneha04:, @ Ruk469:: I'm very busy these days. I'm unable to find a better source because of lack of time. Perhaps;
If official report (published by government) is available, you can use it as source. If mentioned, you can use this report ( here to download, PDF (~15MB)) as source. (updated - signed) Dinesh | Talk 09:28, 14 May 2022 (UTC)
However, less $3.2 per day is not necessary. Dinesh | Talk 09:46, 15 May 2022 (UTC)
Recently indias forex reserves have jumped by appx $4.2 billion and are standing at $597.409
I had seen it from official data ......
Date : 27/05/22 saturday
Thank you Poppat muhammad ( talk) 13:35, 28 May 2022 (UTC)
@ Mariam57 there is a term called mixed market economy which is blend of both words, see the redirect page Mixed market economy. Sneha04 💬 07:43, 23 May 2022 (UTC)
Suggestion: You should not engage in edit war. Before reverting second time, mention user on the talk and discuss about it. (See:
Three revert rule)
Dinesh |
Talk
16:13, 24 May 2022 (UTC)
The altering of the boundaries between State and market encompasses, what is variously described as, realigning government, structural reforms towards liberalisation or deregulation, and changing mix of the mixed economy.There is extensive literature now as well about the increasing protectionism in India (with Atmanirbharata and increasing tariffs) and the rise of "national champions" like Ambani and Adani which make "market economy" an even more inapt description. Hemantha ( talk) 03:55, 26 May 2022 (UTC)
Economic policies of the Indian government have guided and shaped India into a mixed economy. ... Financial and economic reforms since 1991 have accelerated the pace of change toward an open market economy
While reforming India's "inward-oriented" commandist economy has not been easy, some important, indeed irreversible changes have been introduced.
precise mechanism that has controlled the transition of the economic system in India from a command economy to a free market economy
References
India’s gradualist approach to reform, which has meant a frustratingly slow pace of implementation, illustrating once again the scholarly opinion that India is only slowly progressing towards becoming a market economy. Hemantha ( talk) 17:03, 27 May 2022 (UTC)
Since there's been an edit war going on for several days now, I've protected this page at the WRONG version for a week. Discussions should happen on the talkpage, not in edit summaries, so use this time to work it out here. After this expires, if you need someone to restore the original semiprotection I'll take care of it. The Blade of the Northern Lights ( 話して下さい) 14:34, 24 May 2022 (UTC)
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Please guys make some factual data, extreme proverty in india is 6% not 1% as you guys listed. I read the source and they write likewise 6%. be more realistic India still very poor county 103.105.33.125 ( talk) 11:23, 25 June 2022 (UTC)
India's GDP grew by 8.7% in FY22 according to the government data released today.
Here is the source- https://timesofindia.indiatimes.com/business/india-business/indias-economy-expands-8-7-in-fy22-q4-growth-at-4-1/articleshow/91918744.cms
Thanks. Ruk469 ( talk) 16:34, 31 May 2022 (UTC)
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Majornamratadhasmana ( talk) 10:33, 5 October 2022 (UTC)
2020 Indian economy has witnessed major setback after Pandemic of Covid 19. As an emerging and a youngest economy immediate corrective action were taken, and the economy was stabilized with its measures of Make in India. Indian economy not only boosted her GDP also prepared herself as a support for Global Economy. https://www.thehansindia.com/hans/opinion/news-analysis/india-should-leverage-new-world-order-756839. The wave of Make In India in Defense Sector has not only boosted their strategic value, but also integrated their capability building. Drones, INS Vikrant and CLH Prachand were manufactured primarily in India. Next with Vedanta pitching in for manufacturing of semiconductors, many MNCs have started eyeing to India for Investment. these immediate strategic measures have given boost to economic strength of the country
The economic growth is mainly dependent on the gdp of India The growth is calculated by per capita 175.101.104.22 ( talk) 05:19, 6 October 2022 (UTC)
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change photo of mumbai skyline V952010 ( talk) 17:39, 18 October 2022 (UTC)
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latest photo of mumbai skyline V952010 ( talk) 23:03, 22 October 2022 (UTC)
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Ease of doing business rankings have been discontinued in 2021 due to irregularities.
https://www.worldbank.org/en/news/statement/2021/09/16/world-bank-group-to-discontinue-doing-business-report Sacchaimax ( talk) 19:28, 15 November 2022 (UTC)
Ease of doing business rankings have been discontinued due to irregularities. Sacchaimax ( talk) 19:30, 15 November 2022 (UTC)
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File:Skyline 2221.png updated skyline of mumbai V952010 ( talk) 02:50, 21 November 2022 (UTC)
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Please remove the part about Indian government manipulating economic data. This is not true and there are many independent private agencies as well as global institutions which corroborate the govt.data.
Ayush Gupta 183.82.153.50 ( talk) 21:05, 25 November 2022 (UTC)
Not done for now: please establish a
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Please add this line in the top paragraph of the lead section "India accounted for 7.2% of global economy in 2022 in PPP terms, and around 3.4% in nominal terms in 2022". Source [25] Thanks. 2405:201:800B:684F:3C74:AFF4:A167:C0DB ( talk) 17:35, 7 January 2023 (UTC)
Not done for now: Please start a discussion.
Dinesh |
Talk
12:43, 1 February 2023 (UTC)
This article was the subject of an educational assignment supported by
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19:54, 1 February 2023 (UTC)
01/02/2023 indian govt announce his annal budget The govt show official data of debt borrowing by indian govt. Govt say the total debt postition 152,61,122( in inr crores)as on 31st march 2023 But wikipedia data show 227.946(US$2.9 trillion) lakh crore please check and correct. Thank you Manish patidar Refrance :- Indian budget page number 47 (Debt position of the government of india) 157.34.55.94 ( talk) 14:55, 3 February 2023 (UTC)
Hello everyone study is very important in our life. Education provide success in our life. 103.181.57.95 ( talk) 12:54, 22 March 2023 (UTC)
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Game 42.109.196.20 ( talk) 16:40, 25 March 2023 (UTC)
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In the article " Economy of India " , 2022 data is still showing in the article. The same source that is cited shows Indian GDP at 3.82 trillion , which is not updated yet. Kindly update the number based on the same source provided for it. Sidram1809 ( talk) 18:47, 28 March 2023 (UTC)
In "Statistics" section of "Economy of India" page India's GDP PPP is shown $11.851 Trillion (as of 2022) but in "Data" section of the same page India's GDP PPP for 2022 is shown as $11.665 Trillion.
So I request to change India's GDP PPP to new $11.851 Trillion in "Data" section.
I also request to adjust India's future GDP PPP projections (from 2023 to 2027) according to India's GDP PPP in 2022.
For Eg: If lets say India's GDP PPP growth rate is 10% in 2023 than according to GDP PPP of $11.851 Trillion in 2022 the GDP PPP of India for the year 2023 should be written as $13.0361 Trillion instead of present projection of $12.813 Trillion.
Thanks
KrishanVerma171 (
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12:44, 2 April 2023 (UTC)
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I want to edit "Economy of India" webpage, to make certain changes like correcting of GDP figures and adding decimals in GDP figures KrishanVerma171 ( talk) 19:58, 11 April 2023 (UTC)
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No sure who removed the picture of the Mumbai skyline - it had the view of Bandra-Worli sea link along with the buildings behind. The reason given was some for of copyright violation by referencing an instagram account. Can people reading this page please help restore that picture or something equivalent deserving of the city? 51.190.147.228 ( talk) 13:24, 4 June 2023 (UTC)
Bangladeshi illegal immigrant is uploading a photo continuously, threat to Indian national security 115.96.102.214 ( talk) 07:06, 4 June 2023 (UTC)
Don't update image in infobox. Please establish a consensus before updating. Dinesh | Talk 17:20, 5 June 2023 (UTC)
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The article has been massively abused , It is clearly looking like some amateur has written a lot of points with shoddy and crappy citations as well. How is this kind of amateur writing protected!!! Wow this is the worst. 2601:282:1682:67C0:F8D2:E4E5:F127:6CC1 ( talk) 03:44, 6 June 2023 (UTC)
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Indian economy as stated by finance ministry has is 3.75 trillion dollars In Wikipedia page it is still shown as 3.737 trillion dollars Which shows difference of 13 billion dollars The GDP should be shown as 3.75 trillion dollars as quoted by finance ministry Lakshay gusain ( talk) 22:48, 15 June 2023 (UTC)
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Indian economy has reached 3.75 trillion dollars according to recent estimate by finance ministry Lakshay gusain ( talk) 13:35, 17 June 2023 (UTC)
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Please update correct GDP figures of India Correct GDP is 3.75 trillion dollars Lakshay gusain ( talk) 13:49, 17 June 2023 (UTC)
India GDP 2023 Lakshay gusain ( talk) 16:00, 18 June 2023 (UTC)
As for RBI India's forex reserves now 609 billion dollars 120.88.35.81 ( talk) 13:37, 21 July 2023 (UTC)
About industries in India 45.117.65.69 ( talk) 17:07, 25 August 2023 (UTC)
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population - 1,428,627,663 people as on mid 2023(1st largest nation) Arorashrey10 ( talk) 17:41, 31 August 2023 (UTC)
Gujarat International Finance Tec-City (GIFT City) is a central business district under construction in Gandhinagar district in Gujarat, India. It is India's first operational greenfield smart city and international financial services centre, which the Government of Gujarat promoted as a greenfield project.
In 2020 GIFT IFSC bagged 10th place in Finance Industry and top rank in emerging financial centres in Global Financial Centres Index. As of June 2023, it is home to 23 multi-national banks including HSBC, JP Morgan and Barclays; 35 fintech entities; two international stock exchanges with average daily trading volumes of $30.6 billion; as well as India's first international bullion exchange with 75 onboarded jewellers. NamoBharat ( talk) 14:31, 3 November 2023 (UTC)
Impact of demonetization in indian economy 122.186.163.238 ( talk) 08:04, 10 November 2023 (UTC)
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RishiGupta9424 ( talk) 10:33, 19 November 2023 (UTC)
India's nominal GDP has been increased from 3.73 trillion dollars to 4.03 trillion dollars. But Wikipedia has not updated it.
If many Indian news sites are to be believed then India's GDP has crossed the 4 trillion dollars mark. If it's not a fake news then this should be updated here. 203.81.242.243 ( talk) 04:19, 20 November 2023 (UTC)
an unverified screengrab from the live tracking GDP feed for all countries based on International Monetary Fund (IMF) data. [26]
Sources: https://www.business-standard.com/markets/news/indian-markets-hit-historic-4-trn-market-cap-milestone-for-the-first-time-123112900205_1.html , https://www.financialexpress.com/market/historic-day-for-markets-bse-listed-companies-surpass-4-trillion-market-capitalization-3320567/ LakhnawiNawab ( talk) 13:46, 29 November 2023 (UTC)
The source in the article for the claim that India is 6th Largest is Nominal Household Expenditure not PPP Household Expenditure. According to PPP Household Expenditure India is 3rd Largest Consumer Market. Using Nominal Household Expenditure as a measure of how Large or Small a Consumer Market of a Country requires the Assumption that the Law of One Price is True or (Approximately True).
While Assuming LOP Holds is Reasonable to Make for Tradable Goods it doesn't hold for Non-Tradable Goods and Services as the Prices of Non-Tradables Deviate Heavily from Law of One Price (Presumably Due to Balassa–Samuelson Effect) Hence the Size of Rich Countries Consumer Market would be Over-Estimated Significantly and Size of Poor Countries Consumer Market would be Under-Estimated Significantly if Household Expenditure of Various Countries Consists Mainly of Non-Tradable Goods and Services.
Hence due to this Assumption being Likely Incorrect I suggest replacing the Text in the Article with the Correct Description that India is 3rd Largest Consumer Market.
Thanks.
Source for PPP Household Expenditure: https://data.worldbank.org/indicator/NE.CON.PRVT.PP.CD?most_recent_value_desc=true 45.251.35.232 ( talk) 09:25, 2 December 2023 (UTC)
This article is too large (total number of words, too many sections) as per Wikipedia:Article size. Reading, editing and maintaining is too difficult. To maintain quality it should be summarised instead of expanding and adding sections. Dinesh | Talk 16:37, 15 December 2023 (UTC)
https://www.reddit.com/r/india/comments/16fotb9/india_spends_big_on_what_it_needs_most_to_catch/ Can you put this image of Mumbai financial capital in the first file picture or thumbnail it is the best possible image that is their of Mumbai if to say, it is just like China's Lujiazui locality in Shanghai although it is not a locality like Lujiazui it's a image of Mumbai city or skyline from the view from the Mumbai coastal road. It is a view (from or) of the image of Mumbai from the Mumbai coastal road.
Mumbai coastal road (under construction grade separated expressway) view or image of Mumbai city or skyline,
/info/en/?search=Coastal_Road_(Mumbai)
it is the best ever image of Mumbai so far or as of now of the city, from the Mumbai Coastal Road's view or angle of the city.— Preceding unsigned comment added by 2402:E280:3D48:133:E95F:259D:3C2:CD55 ( talk) 05:10, 19 December 2023 (UTC)
If nobody objects, I'll remove it as it's not very important. Dinesh | Talk 14:14, 23 December 2023 (UTC)
620 billion dollar s 2409:4085:4EB4:9888:0:0:8F4A:D211 ( talk) 13:46, 30 December 2023 (UTC)
I would like to revert India's nominal GDP back to 3.736 trillion as the financial year hasn't ended so it bit immature to update the nominal GDP as soon as the calendar year ends DataCrusade1999 ( talk) 11:09, 2 January 2024 (UTC)
Last line of first paragraph reads: "... and possibly higher per-capita agricultural output and standards of consumption then 17 century Europe."
Here 'than' is mistyped as 'then'. Gakhar201 ( talk) 22:42, 18 January 2024 (UTC)
@
V952010: You updated economy data but caused an error message hit on a date value in |archive-date
.
Achmad Rachmani (
talk)
00:44, 20 February 2024 (UTC)
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The image needed to be resized as it is covering content Oblivion vro ( talk) 13:15, 20 February 2024 (UTC)
There is a dispute over the image in the infobox. Both images are from commons. A user claims that the bottom image is blurry, and that the top image is therefore better. But in reality they are about equal there, assuming that the purpose of the image is to show the city and not the fine detail of a building in the foreground. The blue image looks nicer. The thing that worries me is that neither image has metadata.-- Toddy1 (talk) 14:34, 25 February 2024 (UTC)
I am not sure why people keep reverting the image of the Mumbai skyline to something else. The previous version of the image was much better and potrayed the city as a large metropolis. The new image is a bunch of 4 random buildings. Can someone please update it and lock it such that it cant be changes by any random person? 2406:3003:2007:4A5:A049:7446:5BC2:A6C4 ( talk) 00:11, 20 March 2024 (UTC)
is a bunch of 4 random buildings, nor do i see any such image in the article as a whole. Happy days, ~ Lindsay H ello 16:29, 20 March 2024 (UTC)
a bunch of 4 random buildingsshows buildings in Worli.-- Toddy1 (talk) 17:58, 20 March 2024 (UTC)
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It has come to our attention that the GDP figures for India in the fiscal year 2024-25 have not been updated to reflect the latest data provided by the International Monetary Fund (IMF). Several countries, including USA China, Malaysia, Bangladesh, and many others, have already updated their GDP figures according to the IMF's October report. However, India's GDP figures remain unchanged.
We request that the GDP figures for India be revised to align with the latest data provided by the IMF for transparency and accuracy. It is puzzling why there seems to be reluctance to update India's GDP figures when other countries have done so without issue. We believe that all countries should be treated equally in terms of data reporting and urge for prompt action to ensure consistency and reliability in economic data. Both India Wikipedia page and Economy of India Wikipedia should be updated. Thank you for your attention to this matter. 2402:8100:26E1:592F:F0B2:E112:AC92:65B ( talk) 06:45, 2 April 2024 (UTC)
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An editor has changed
Historians Tapan Raychaudhuri and Irfan Habib claim this state patronage for overseas trade came to an end by the thirteenth century ...
to
Some historians claim this state patronage for overseas trade came to an end by the thirteenth century ...
An obvious objection to the edit is MOS:WEASEL. But there is a citation for the sentence in the article, though if we remove the names, it is unclear whether the citation supports the fact that "some historians" say this, or whether the citation is to a work by the historians in question (the latter is the case).
But MOS:CLAIM is a much bigger objection. The sentence has been written as an expression of doubt. That doubt would be OK, if the Wikipedia article were giving a contrary view, or giving good reasons for that doubt. But that is not the case.
I propose that we change the sentence to: This state patronage for overseas trade came to an end by the thirteenth century ...
--
Toddy1
(talk)
04:53, 6 April 2024 (UTC)
new trade data for FY 2023-24 has been released today the infobox ought to be updated. https://pib.gov.in/PressReleasePage.aspx?PRID=2017942 DataCrusade1999 ( talk) 14:19, 15 April 2024 (UTC)
I said this above and I'll say it here too.
I think the infobox should be updated now to reflect FY 2024-25 figures from IMF.
But I'm inclined for the infobox to be updated after 15 April-2024 because then we would have the data of total Import and Export also.
Regarding the apprehension that some have displayed with regards to IMF figures being predictions and all. I would like to remind everyone that according to Indian governments own estimates the economy isn't 3.7 trillion dollars it's bit less than 3.7 this data can be seen in the latest GDP data on MOSPI website. So if we truly want to have pinpoint accuracy then we should use that data and anyways the actual figures regarding the true size of the GDP come with a 2 year lag earlier it used to be 3 but Government scrapped further revision to the estimates after 2 year here is the link. https://economictimes.indiatimes.com/news/economy/policy/mospi-reduces-no-of-gdp-estimates-timeline-by-a-year/articleshow/108083104.cms?from=mdr. DataCrusade1999 ( talk) 12:17, 7 April 2024 (UTC)