Tuesday, September 1, 2020

Know the reality of GDP during lockdown for India and other countries.

 True India didn't have such low% of GDP(-23.9%) during last five decades but is it unique to India alone? And did world experience this kind of pandemic stalling world economy in LockDown mode?


Know the truth & lie about GDP% world over during lockdown.


What Liberals, Islamists, so called seculars are projecting about GDP? 

Japan: -7.6℅

US: -9.5%

Canada: -12%

France: -13.8%

UK: -20.4%

India: -23.9%


•What liberals, islamists, so called seculars and intellectuals  are not showing or hiding about the real fact of GDP


France: -14%

UK: -21%, 

India: -23.9%

Japan: -27.8%

US: -33%

Canada: -38.7%

Singapore: -42.9%


It may be noted that India remains only country, which comprehensively followed the lockdown and not other countries. Also, India even after two months' of comprehensive lock down, India  remains in partial lock down kind of situation even now.


When there is no production, no purchase/no spending during lock down and little production, little spending during partial lockdown, we have to have this kind of steep fall in GDP % (-23.9 %) like most of other countries are experiencing today.


True, during last five decades, there was never this kind of low GDP percentage for India but then did we have this kind of pandemic called Corona during last one century forcing entire world economy  into lockdown mode .

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