PolEcho

We had done a thorough analysis in our last post on India’s economic growth — comparing the Congress era with the BJP era — and found that the BJP has fallen short of the growth numbers achieved during the Congress years on all parameters.   Today, we’re taking that conversation a step further. Instead of looking at India in isolation, we’ll compare India’s growth with that of the BRICS nations. After all, it would be unfair to conclude that the BJP has slowed India’s progress without a relative benchmark. Because Momentum is contagious in economics. Strong peers lift you up; weak peers weigh you down."   Although BRICS now has 11 permanent members, for this comparison we’ll stick to the original five: Brazil, Russia, India, China, and South Africa. This grouping offers a balanced mix — from China, the global giant, to South Africa, a smaller but significant economy — making it a fair and insightful comparison.   BRICS as a bloc is one of the most powerful in ...

  India's growth in terms of economic values is often debated whenever the opportunity arises—whether it is being flattered by UPI's success story when you pay a vegetable vendor, or while watching heated political debates on news channels.   Recent remarks from Donald Trump about the “dead economy” of India have triggered a furious response from the government and its supporters, including the Godi media. On the other hand, the opposition and its supporters, along with the Lutyens' media, have welcomed his comments with support.   In our view, if someone calls our economy dead—and that too a person who is the head of a state like the USA—it should not turn into a blame game. Instead, we should unite and introspect. If something is indeed going seriously wrong, we must acknowledge and fix it. And if we are on the right path, we should continue with confidence, without being overly conscious of what is said about us.   Today, we will analyse and introspe...