First bylineππ»
Author: suchitasail77
Indian Economic Trends, 2023
Bigger, Super, Stronger! The developing Indian Economy could top the five largest economies of the world by 2025 as per the Economists prediction. India, a developing country is leaving no stone unturned to spur its economic growth. Over the past decade the Indian economy has experienced swings and inflation that has plunged the country to adapt centrally planned economic strategies. That identifies the diverse country as the biggest economy after the economic giants Russia, China and USA. Despite this India still remains as an outperformer as per the revised forecast by CRISIL β Indiaβs Gross Domestic Product (GDP) growth from 7.3 percent to 7 percent for the financial year 2023. Goldman Sachs has also backlashed the fastest-growing economic title of India in the previous fiscal years owing to Indiaβs borrowing costs that are higher compared to the benefits. Just two months away from AY 2023 and experts are still uncertain about Indian economic growth in 2023.
The Indian Economic trends for 2023 would majorly concentrate on balancing the debits and credits, examining the economic regulations, pandemic recovery, privatisation /rise in the manufacturing and business sector, IT sector, revival in agriculture sector, the Indian politics, central government and the widening digital services and infrastructure. Experts suggest monitoring domestic demand in the first half and strengthening the net exports will retain a positive economy. Beside this the Trade, economic report, October 2022 of central government suggests a positive momentum in Indian economic growth with the increase in housing sales that registered a significant sale in the top 8 cities and RBIβs efforts in controlling inflation.
So, What? Economic Trends India looks forward to adapting in 2023. Letβs rely on Gold Sachs’ big remark about Indian economic potential and the factors it needs to reach that potential.
Gold Sachs estimated factors β
A. Investment to GDP ratio
B. Labour force Participation
C. Productivity or TFP (total factor productivity)
D. Human Capital Index
A. Investment to GDP ratio: The GDP ratio is defined as a measure of the amount of money that domestic businesses invest within their own country. India needs to increase its GDP investment ratio to boost its economy. Gold Sachs suggests this will boost the potential growth by 50bp.
B. Labour force Participation: Labour force participation is the employment in any countryβs economy. It is an important pillar of the Indian economy that represents the force available for the production of goods and services. India is emerging as the global manufacturing sector with an estimated 25% significant economic output by 2025. Gold Sachs suggests this to boost the Indian economy 100bp.
C. Productivity or TFP (total factor productivity): TFP is one of the most effective ways to predict the economic outcome. The Indian TFP of the last two decades was the average. Gold Sachs suggests improvement or increment in the Indian TFP to boost the economy.
D. Human Capital Index: A report prepared by the World bank. Human Capital Index measures the country best in preparing the economic and professional potential of its citizens. This Index ranges from 0 to 1 with 1 reaching maximum potential.
All these four factors estimate the Indian Economic trends for 2023, but again as history suggests the Indian politics is a regulatory force that has a humongous impact on the Indian economic developments. The Made in India Initiative of the central government is already a booming economic trend that is transiting the service based Indian economy to an industry and production driven economy. Considering the volatile economic scenario of India, it is almost impossible to predict a solid economic trend, activities or outlook that would boost the Indian economy. Although there is an optimistic approach towards the Indian economy the forecast is a subject to debate. Monitoring the key challenges of the Indian economy like the inflation and INR depreciation against US dollar economic uncertainties can be overcome. Also, Indian economic development can be triggered by understanding the global trends such as Demographics, Digitalization, Decarbonization and Deglobalization of countries like Russia, China and USA, the strongest competitor of India. This needs a careful consideration of research study.
For now, we are almost on the verge of November ending. So, in a nutshell the Indian economic trends will vary as per the different reports and predictions from the economist and the experts. For now, research and study suggest Gold Sachs factors will be the new Indian economic trend of 2023.
~Suchita Sail Thanks!
Not an intelligent π
There would be many out there constantly in a why me? not in a Smart zoneππ₯Ί. See nobody is that so called “smart” it’s just about outsmarting the rest and standing out bestπit’s a trick ( don’t expect it from me I am way too dumb and rely on Wikipedia/ Google to flaunt my smartnessπ)
The POV to write this blog.. it’s about the realization that no matter what we learn or how amazing we try to be or upgrade, The Divine Supremo will drag or will bump us to the extra “esmart” π peeps who make us feel low and shit πunless and until we learn the lesson ” We are the Best”, Yes you reading it right now.. you are the bestππ So do I π and the person next to you π
So Moral of this Silly post ” Jeeyo or Jeene do”πand don’t ever try to be that intelligent bee π The way you are you are the best …
Best creation of God..π God bless you!
Thanks! ~Suchita Sail
Artwork β€οΈ
It’s not easy to make one laugh. Marathi theatre and Cinema is an exceptional artwork that ease this difficult task..
You can find your lost million dollar smile and wonder how flawless and pure a comic artwork is and should be.
Shantecha.. karta chalu ahai, is one of the best marathi play one can binge on .. and pass a boring Sundayπ¬
It’s a free watch on YouTube, Happy Sundayπ
Content Management
Content Management – Content management refers to the end-to-end process of sourcing, creating, managing and delivering content. (From source, unknown)
Content writing – Not enough experienced to advice on this vast subject but one can write small things randomly that comes to their mind. Any random silly topic works, it’s just about practice and will surely prove helpful in future.
Thanks!
π
Meenakshi Sundareshwar
An old school love, this film is just β€οΈ
Mom slay it ! Still it’s like ‘ΰ€ΰ€ ΰ€ΰ₯ΰ€ ΰ₯ ΰ€ΰ€Ύΰ€― ΰ€ΰ€°ΰ€€ΰ₯”….π
She brought me in this world .. and When she roasts me, makes me wonder do “I even belong to this world”. π€πΒ
Savage side of my mom (π©π») π
My mom posses a super natural power to roast me, mark the sentence just Me(π€·π»ββοΈ)
Roast 1π¬ – When I skip to wear earring, She will be like –
π©π»- Aga! kanat ghal.
π€·π»ββοΈ – Kon bagtay mala
π©π»- Bagudeπ ekdacha… konitari, mhanun, sangteyπ
π€·π»ββοΈ – πΆ
Roast 2π¬
π€·π»ββοΈ – Mommy Can I colour my hair, just few strand’s, might cost max 4-5 k
π©π»- 4-5 hazaar! yaat Navin, Kes yetil tech ghe lavun. π€·π»ββοΈππ€·π»ββοΈ
Roast 3π¬ This is her favorite one The Chapati sagaπ€¦π»ββοΈπ€¦π»ββοΈ
When I give excuses for making chapati… she roast me in every possible way, she is more concerned about my future husbandπΆ
1.π©π» – Tu tar navryacha doka khashil toh kay khanar?
2.π©π» -Bakery che pav (bread)ahet, bicharya chya nashibat π¬
Okay !so Mom’s replies (Roasts) areπ¬like a never-ending winter, Mom’s are actually savage in burning our soul out, Dad’s are Savior hereπ
P.S I may add on to this Savage roast in near future.. for now this troll is more than enough on myself π¬π Also my blog is nowhere my autobiography..π₯±πit’s just about summing up how simple life is and we can actually relate with manyπ
Somaiya University Newsletter Published Article – February 2022
Amhi Doghi
Marathi film
Directed by – Pratima Joshi
One of the best film, It’s very common to have a good bond with Mother but what about the Father’s bond. ?This film is all about it.. watch to rediscover your bond β₯οΈ
Not sharing much about this movie do watch it and connect with this magical celluloid π₯
Understanding father is difficult misunderstanding him is comparitevly easy.
P.S- Go tell your Baba you love himβ₯οΈand he is your super hero.. Dil ki baatein bola Karo yaar! And see the magic βΊοΈ You can thank me later π¬βΊοΈ







