NBK NTR Posted June 1, 2023 Share Posted June 1, 2023 It has been a great year for the economy overall. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 Our GDP grew at 7% in FY23. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 Our service sector is growing faster than manufacturing and agriculture Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 Most of our economic indicators are showing healthy numbers. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 What is driving our inflation. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 Inflation exceeded RBI’s targets but compared to other countries, deviation was lower. And interest rates didn’t have to be hiked as much as other countries. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 Balance sheets of all central banks increased during COVID when liquidity was infused in the economy, but there is a notable difference in how much. In FY23, RBI brought down systemic liquidity to manage inflation. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 Left image - How rates fell during the previous years Right image - How rates increased in the past year With the rate hike, there was a significant up-trend in lending rates in FY23. However, deposits did not grow as much as loans. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 While most digital payments are on a rising trend (UPI, NEFT, NACH, IMPS, Credit cards), the usage of debit cards has been falling. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 Note how 2000 note was already being phased out before the announcement. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 Our currency performed well compared to many other economies. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 India’s share of global exports has been steadily increasing. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 Startups in India are increasing at an increasing rate. This is important. We need more businesses and those businesses to create more jobs Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 And finally just wanted to share this datapoint - One of the financial inclusion goals of the RBI was “providing banking access to every village within 5 kilometre radius/hamlet of 500 households in hilly areas.” Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 The milestone was achieved fully in 26 states and 7 UTs as on March 31, 2023, and 99.96% of the identified villages/hamlets across the country have been covered. Overall a great year and looking forward to what we achieve in this year. Link to comment Share on other sites More sharing options...
Flash Posted June 1, 2023 Share Posted June 1, 2023 10 minutes ago, NBK NTR said: Our GDP grew at 7% in FY23. Consumption slowed down.. imports growing higher than exports.. High Inflation and recession signs.. It will bite for sure Link to comment Share on other sites More sharing options...
Nfan from 1982 Posted June 1, 2023 Share Posted June 1, 2023 Numbers may look good But in reality public life aela undhi anedhi important Link to comment Share on other sites More sharing options...
chanti149 Posted June 1, 2023 Share Posted June 1, 2023 Good Link to comment Share on other sites More sharing options...
NBK NTR Posted June 1, 2023 Author Share Posted June 1, 2023 3 hours ago, Nfan from 1982 said: Numbers may look good But in reality public life aela undhi anedhi important Central lo congress vachina BJP vachina public lives emi change avvavu uncle...yadha raja tadha praja laga ..vaalu freebies/corruption chestu/taxes penchatam ivey prajala bathukulu. Unna bewarse politicians lo (India mottam) evadu takkuva corrupted oh vadiki vote eyali janam....malli bonus ga caste/region disease undi public ki Bangalore lanti city ipatiki konni prime areas lo roads sarigga levu...rain vaste assame...Congress or BJP evadu vachina Janala bathukulu inthe for next few/many decades. Link to comment Share on other sites More sharing options...
Nfan from 1982 Posted June 1, 2023 Share Posted June 1, 2023 2 hours ago, NBK NTR said: Central lo congress vachina BJP vachina public lives emi change avvavu uncle...yadha raja tadha praja laga ..vaalu freebies/corruption chestu/taxes penchatam ivey prajala bathukulu. Unna bewarse politicians lo (India mottam) evadu takkuva corrupted oh vadiki vote eyali janam....malli bonus ga caste/region disease undi public ki Bangalore lanti city ipatiki konni prime areas lo roads sarigga levu...rain vaste assame...Congress or BJP evadu vachina Janala bathukulu inthe for next few/many decades. Ha well said brother New mega cities formation across the country is the best available solution for India to become world power in the next century Link to comment Share on other sites More sharing options...
naresh1243 Posted June 1, 2023 Share Posted June 1, 2023 6 hours ago, NBK NTR said: Our service sector is growing faster than manufacturing and agriculture Long term sustaining ki idi problem avtadi... Anni develop aithene safe....paddaaka service sector ante...global recession vachinappudu manaku hole ye Link to comment Share on other sites More sharing options...
Vihari Posted June 1, 2023 Share Posted June 1, 2023 indicators are calculated changed bogus formulas by moshas team. they changed formulas i believe 2019 afterwards. Link to comment Share on other sites More sharing options...
NBK NTR Posted June 8, 2023 Author Share Posted June 8, 2023 Link to comment Share on other sites More sharing options...
NBK NTR Posted June 8, 2023 Author Share Posted June 8, 2023 Link to comment Share on other sites More sharing options...
NBK NTR Posted June 12, 2023 Author Share Posted June 12, 2023 https://www.businessworld.in/article/India-s-GDP-Is-Now-3-75-Trillion-FinMin/12-06-2023-480170/ “India's GDP has reached $3.75 trillion in 2023, from around $2 trillion in 2014; moving from 10th largest to 5th largest economy in the world. India is now being called a Bright Spot in the global economy” Link to comment Share on other sites More sharing options...
NBK NTR Posted June 12, 2023 Author Share Posted June 12, 2023 @ChiefMinister Link to comment Share on other sites More sharing options...
ChiefMinister Posted June 12, 2023 Share Posted June 12, 2023 13 minutes ago, NBK NTR said: @ChiefMinister all because of the works done before 2014 nothing great after 2014 regarding economy atleast Link to comment Share on other sites More sharing options...
srohith Posted June 12, 2023 Share Posted June 12, 2023 1 hour ago, NBK NTR said: @ChiefMinister 2004 to 2014 290% growth, 2014 to 2023 190% growth. Yela chusina Manmohan govt ye better. Link to comment Share on other sites More sharing options...
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