Posted on: 03-01-11 17:12:37
If there is around 8% growth with 12% inflation so is this is a realy and good healthy growth?
I am not a economist and it is not my area but eager to know the answer of this question.
Can anyone throw light?
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A Delhite in Toronto
Quote:
Originally posted by Delhite
If there is around 8% growth with 12% inflation so is this is a realy and good healthy growth?
I am not a economist and it is not my area but eager to know the answer of this question.
Can anyone throw light?
I think growth rate is published after adjusting the inflation but I may be wrong.
Here is the formula to calculate GDP of a country:
GDP = private consumption + gross investment + government spending + (exports − imports)
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Dont help others because others have helped you,,,,help others because its the right thing to do!!!
http://www.indopia.in/
This is totally off topic, but to buy onions at very very reasonable prices, buy straight from farmers at Rs. 12/kg. Here is the link: http://www.younews.in/story.php?title=buy-onions-for-rs-12kg-direct-from-farmers-1" target="_blank">Buy direct from farmers at Rs. 12/kg
"If you are in Mumbai, you are lucky. Just go up and down the bypass at Virar and you will spot Santosh Petade, a farmer who sells his onions for Rs.12/Kg.
Santosh makes it clear. It is the traders and middle-men who hike the prices, hoard and make lots of money by the price increase in Onions while poor farmers like him get nothing when prices are high. They still sell the Onions at same low prices to the traders.
This is outrageous. If you are a concerned citizen make sure to find farmer mandis near your place by asking around an buy your vegetables from there. Not only will you help the farmers by paying a fair price, you pay much lesser than what you will at the market!"
Quote:
Originally posted by ashedfc
Last report we have is 14.4% inflation YOY in India. Its getting crazy, onion price is already causing social unrest in some areas.. & the list goes on, as price increases & salaries do not increase in proportion.
This means if inflation rate is 12% and I invest Rs 100 then my investment should yield more than Rs 112 in order to remain ahead of inflation. Is it true? In reality yield should be even more as I excluded risk factors,taxes and currency devaluation etc. To achieve such a growth seems quite difficult unless I am a big player.
Quote:
Originally posted by web2000
Quote:
Originally posted by ashedfc
Last report we have is 14.4% inflation YOY in India. Its getting crazy, onion price is already causing social unrest in some areas.. & the list goes on, as price increases & salaries do not increase in proportion.
This means if inflation rate is 12% and I invest Rs 100 then my investment should yield more than Rs 112 in order to remain ahead of inflation. Is it true? In reality yield should be even more as I excluded risk factors,taxes and currency devaluation etc. To achieve such a growth seems quite difficult unless I am a big player.
You are absolutely right. You may get 12% appreciation on your money but when factor in the rate of inflation ( current 14.4%) you are just getting 97.6% value of your money. In same way if your annual raise in salary is less thn rate of inflation, you salary is going down even after you factor is your raise as rightly mentioned by ashedfc
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Dont help others because others have helped you,,,,help others because its the right thing to do!!!
http://www.indopia.in/
Quote:
Originally posted by Delhite
If there is around 8% growth with 12% inflation so is this is a realy and good healthy growth?
Just suppose any country’s GDP is $ 100 and with 12% inflation, next year, the GDP will become $112 while there is no real product growth.
Is it true?
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A Delhite in Toronto
