It's simply unfair to say "Simple math tells us that if country's growth say 5% GDP increase, and inflation say 3.5% or so...then the actual improvement is 1.5%..."
if inflation is 10% than does that mean growth is negative, No sir, there's a relationship between Inflation & GDP/GNP (for shorter periods) but not so linearly and in longer period they’ve no relations; a high GDP is what required, inflation is kind of product of high GDP.
major factor (next stage of eco boom) has to be/will be GDP growth revival of Agri sector, from 2-3 % to 8-10%, I bet it'll happen by end of 12th plan (2017).
It's simply unfair to say "Simple math tells us that if country's growth say 5% GDP increase, and inflation say 3.5% or so...then the actual improvement is 1.5%..."
if inflation is 10% than does that mean growth is negative, No sir, there's a relationship between Inflation & GDP/GNP (for shorter periods) but not so linearly and in longer period they’ve no relations; a high GDP is what required, inflation is kind of product of high GDP.
major factor (next stage of eco boom) has to be/will be GDP growth revival of Agri sector, from 2-3 % to 8-10%, I bet it'll happen by end of 12th plan (2017).