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    RakeshKulkarni
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    This document discusses India's purchasing power parity and economic growth post-independence. It notes that India was a leading world power for 1700 years but then declined for 150 years under British rule. After independence in 1947, India continued to fare poorly economically under the leadership of Nehru and his socialist policies. Figures show that between 1947-1987, India's GDP per capita grew only 1.8%, far below countries like Egypt and Indonesia. It was not until the Vajpayee government in the late 1990s and early 2000s that economic reforms began laying the foundation for stronger growth. The document argues that under Modi's leadership, India is now on track to becoming the 3rd largest economy by 2026.

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    GDP per capita post Indepentent India

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    This document discusses India's purchasing power parity and economic growth post-independence. It notes that India was a leading world power for 1700 years but then declined for 150 years under British rule. After independence in 1947, India continued to fare poorly economically under the leadership of Nehru and his socialist policies. Figures show that between 1947-1987, India's GDP per capita grew only 1.8%, far below countries like Egypt and Indonesia. It was not until the Vajpayee government in the late 1990s and early 2000s that economic reforms began laying the foundation for stronger growth. The document argues that under Modi's leadership, India is now on track to becoming the 3rd largest economy by 2026.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views2 pages

    India PPP Story

    Uploaded by

    RakeshKulkarni
    This document discusses India's purchasing power parity and economic growth post-independence. It notes that India was a leading world power for 1700 years but then declined for 150 years under British rule. After independence in 1947, India continued to fare poorly economically under the leadership of Nehru and his socialist policies. Figures show that between 1947-1987, India's GDP per capita grew only 1.8%, far below countries like Egypt and Indonesia. It was not until the Vajpayee government in the late 1990s and early 2000s that economic reforms began laying the foundation for stronger growth. The document argues that under Modi's leadership, India is now on track to becoming the 3rd largest economy by 2026.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 2

    INDIA - PURCHASING POWER PARITY Page 1/2

    Compiled by K.C. Pingle, Dubai, UAE

    Look at this first a,ached chart…India was a LEADING world power for the first 1700 years……then we
    were absent from 1860 to 2010 - for these 150 years India was reduced to ASHES – a good 62 years
    under `the rule of CONmen !!

    It all started with N E H R U in 1947 and his anT-people agenda called SOCIALISM !! Figures speak for
    themselves !!

    I shudder to think what would have happened to India if there was no Vajpayee Government from
    1999 to 2004, which led some strong FOUNDATION to the Indian economy, in turn which helped rapid
    growth in the next 5 years 2005-09. Though UPA’s last 5 years (2009 to 2014) killed the BACKBONE of
    India, when inflaTon was at an AVERAGE of 10.4% for those FIVE years !!

    Let me give some nuggets to you to FATHOM how bad India fared post-independence :
    Page 2/2

    1. First 40 years post-independence - 1947 to 1987 - India’s GDP per capita at constant prices,
    grew by a mere 1.8% ( All for the MOAN MAUN Singh being economic adviser since 1974 to
    the Dictator-Indira )
    2. Even EGYPT and Indonesia grew at 4.2% and 3.9% respecTvely while India remained at 1.8% !!
    3. Pakistan raced past India in 1960 and was ahead than India for next FIFTY years Tll 2010 - in
    GDP per Capita !!
    4. LaTn America was 4 Tmes of India in 1950. In 1980 it was 6 Tmes
    5. Sub Saharan Africa its GDP per Capita was higher than India Tll the year 2006 !!
    6. In 1950 India’s GDP per Capita was higher than China by 24% - but then Nehru, Indira ,
    Rajiv(Maino), MaunMoanSingh(Maino) screwed up everything for all the decades they were in
    Power. MoanMaunSingh(Maino) led UPA lei UPA in 2014, with HALF of the GDP per Capita
    that of China !!
    7. India’s GDP per Capita aier MoanMaunSingh(Maino) lei in 2014 - was what Western Europe’s
    was in the 1930s !!!!!!

    It took South Korea three decades or one generaTon—1966 to 1996—to go from a GPC of two
    thousand dollars to that of twenty thousand dollars (in 2011 prices).
    The same journey took Denmark 150 years—from 1820 to 1970.

    Nominal GDP Rank of India was No. 6 in 1947, No. 10 in 1974 and AGAIN SAME No. 10 in 2014…..its
    MODI who has taken it to No. 5 in 2023 and by 2026 it WILL be No. 3 for sure !!

    Give some Tme to the FOUNDATIONS laid by Modi-Government…it would SURELY take you less than
    3 decades to Decuple its GDP ….. you are in SAFE hands….Vote wisely in May 2024.

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