From July to September 2023, India's GDP surged by 7 year-on-year6%, exceeding the expectations of many economic analysis agencies and attracting global attention. However, Japan** has questioned India's economic growth, saying that its dependence on employment and growth from the growth of large companies has concentrated economic development in a few large cities, resulting in overburdened infrastructure and affecting sustainable development. In addition, Japan** also pointed out that the number of employed people in India is low, and women in particular are facing difficulties in finding employment. However, these questions are unconvincing and unprofessional, and not only fail to take into account the normal phenomenon of uneven distribution of resources in developing economies, but also ignore similar problems in Japan itself. Proper questioning should be based on a rigorous statistical approach and a thorough understanding of all aspects of the economy.
Japan** believes that India's economy is too dependent on a few large cities, resulting in uneven economic development. However, in developing economies, uneven distribution of resources is normal. It is not surprising that the dynamics of development in rural areas and small and medium-sized cities are much lower than in large cities. This is not the case in India. Questioning the relationship between India's economic growth and the imbalance in its economic structure is a one-sided and unprofessional view.
It is worth noting that the leading development of some regions and industries will not lead to economic falsity in driving the economic growth of the whole country. This mode of development is conducive to leading industries and employment, and is conducive to enhancing the overall competitiveness of the whole country. Japan** lacks in-depth understanding and comprehensive analysis of this question.
In addition, the lack of resources for development and the high level of corruption in India's rural and small and medium-sized cities have indeed had a negative impact on entrepreneurship and employment opportunities in most parts of India. However, these issues are not determinants of economic growth, but challenges that require reform and investment to provide more development opportunities.
Japan** noted that India is under-employed, especially for women. However, this problem is not unique to India, and many countries are facing the challenge of insufficient number of employed people. Forty percent of housewives are not employed in Japan, similar to India. Bound by traditional beliefs, women face many constraints in the field of employment and are unable to reach their full potential.
However, this does not negate the sustainability and potential of India's economic growth. Improving women's employment requires broader social change and gender equality, and is a long-term process that cannot be blamed solely on the rate of economic growth.
There are some problems with Japan**'s questioning of the Indian economy, and the right questioning should be based on a rigorous statistical approach and a comprehensive understanding. For example, we can further ** the National Economic Statistics Report published by the National Bureau of Statistics of India and find that India publishes data under two different statistical rules. This change in the way statistics is done can lead to large "statistical errors" that need to be taken seriously.
In addition, we can challenge specific changes in statistical methods, such as statistics in the agricultural sector. Changing the calculation method may lead to a change in the results, and a careful assessment of the reasonableness and accuracy of the specific statistical method is required.
Japan**'s skepticism of India's economic growth lacks expertise and depth, ignoring the normal phenomenon of uneven distribution of resources in developing economies, as well as similar problems in other countries. Proper questioning should be based on a rigorous statistical approach and a comprehensive understanding, such as in-depth research and ** on changes in statistical rules. At the same time, it is necessary to recognize the imbalance in economic development and the existence of social problems, and promote reforms and investments to achieve more balanced and sustainable development.