Mr. Ali:
Several sources, actually. The Purchasing Power Parity (2006 estimated) of India is $4.156 trillion (CIA Factbook). By July 2007, India's stock market capitalization rose to over $944 billion and was expected to cross $1.1 Trillion by the end of the year (Morgan Stanley). IMF reported in 2007 that India's GDP (PPP) is $2.818 Trillion, while World Bank reported that India's GDP (PPP) for the same year is $3.092 Trillion.
Please note that while the fundamentals of GDP (PPP) calculations are the same, from macroecnomic point of view, each of these sources (i.e. World Bank, IMF, et. al.) consider different independent variables that contribute to the GDP.
Cyrus
----- Original Message ----
From: Nasir Ali <nawshad1@yahoo.com>
To: alochona@yahoogroups.com
Sent: Wednesday, September 10, 2008 12:44:31 AM
Subject: Re: [ALOCHONA] More than 75% Indians live below poverty line
From: Nasir Ali <nawshad1@yahoo.com>
To: alochona@yahoogroups.com
Sent: Wednesday, September 10, 2008 12:44:31 AM
Subject: Re: [ALOCHONA] More than 75% Indians live below poverty line
Hi all, I just got curious. Where did you get this figure that India's GDP is 3 trillion dollars. Please give me reference. Thanks Ali --- On Thu, 9/4/08, Saj <SAJJAD_PAK@HOTMAIL. COM> wrote: From: Saj <SAJJAD_PAK@HOTMAIL. COM> |
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