@nkk_123@grok GDP deflator that is being used since independence is WPI (Whole price index).
Govt will be shifting to PPI (Price producer index) according to imf guidelines.
More details on transition here:
https://t.co/FiWgOoFY05
@dineshkvohra1 If any economist suggested this, please ask him to right research paper , why it would be better ?
Get it peer reviewed and publish in journal. Then approved it by imf and world bank.
Till then your truth has 0 value.
@SharadRaghavan You can add 2 years for covid. So, ideally by 2027-28 we should have reached. And By last year it was possible. When inr was 84rs. But now add another year or two.
Always assume 3% currency depreciation yearly. And likely subtract nominal gdp number from it.
@manoj_216 India has used WPI since independence. So, nothing of news here.
We will be shifting to PPI (Price Producer Index).
https://t.co/FiWgOoFY05
You can read it for how and when transition will take place.
@TheSincereDude Retard like you don't even know what is india's defence budget.
Over the last 10 financial years (FY 2017–18 to FY 2026–27), India’s combined cumulative defence allocation has totalled ₹53.52 lakh crore.
@TARUNspeakss RBI publishes it's bulletin monthly around 22.
May data will be available in june around 22.
Second, they publish foreign reserve data every week. Using that, one can easily calculate gold held.
But again retard like you wouldn't know that.
@india_plus_ Result of illegal plotting done in 1980s. Best thing to do is govt buy some areas and develop dedicated green corridors there. Or with time people eventually move out of there and shift to open area. It will be a slow and gradual process.