**10,000 Fans Incentive Plan
In the fourth quarter of 2023, India's economic growth rate has increased significantly to 8.%.The height of 4% is far higher than market estimates.
It is worth emphasizing that this growth has significantly exceeded expectations, with India's economy growing at just 8.5 in the first two quarters of last year2%, however, in the third quarter, the value jumped sharply to 81%。
At several points in recent years, many well-known research institutions have made ** that India's economic growth rate may decelerate further in the fourth quarter, falling to a range of about 8%.
If the employment sector fails to keep pace with the same pace of growth, and private consumption pressures gradually increase, the year-on-year growth rate of the Indian economy could fall below the 8% threshold.
However, unexpectedly, the data released by the National Bureau of Statistics of India turned out to be a staggering 84%。
Looking at the world's major economies, India is the fastest-growing economy.
According to publicly available financial institution reports, India's economy has grown at a year-on-year rate of more than 8% in the first three quarters of 2023. As a result, for the whole of 2023, India's economic growth rate has reached 7The peak of 7% even surpassed the previous 7The expectation of 3% also reaffirmed the position of the world's leading economies.
According to a report, according to market** estimates, India's GDP will total 288 in 202313 trillion rupees, which translates to about 3 US dollars49 trillion. Suppose the current total population of India is 13With 9.5 billion as a reference, it can be concluded that the country's per capita GDP has successfully climbed to a new historical high of 2,500 US dollars.
Although the estimates of the world's recognized authorities show that the total population of India has exceeded 1.4 billion. However, the National Bureau of Statistics (NBS) through official data shows that the number of people in India has not yet reached this whole number. The report reveals in detail that the overall economic size is expected to reach 293 in the new fiscal yearRs 9 trillion, while GDP per capita is expected to reach 21Rs 07 lakh. Based on these figures, the total population of India is estimated to be around 139.5 billion or so.
Taken together, we can draw a clear conclusion that, with India's current strong economic power and rapid development, the position of the world's most populous country remains firmly in our hands. By contrast, India still has at least one to two years to catch up in this area. As time passes, it is foreseeable that in the future the choice between the two countries in terms of demographics will become clearer:
China will undoubtedly pay more attention"quality"is committed to improving the level of education and innovation; India, on the other hand, will definitely pay more attention"amount"and make every effort to expand employment opportunities. The two will gradually go in very different directions.