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Educate your audience not to believe mere rhetoric from politicians, party officials, or even government officials without understanding what is being said. The numbers are presented for convenience to impress voters. Not all glitter may be gold. We target her $5 trillion economy, but stop and consider why the people around you are getting poorer and poorer. Background Last year, our economy surpassed her $3 trillion, overtaking the UK to become the fifth largest economy in the world. The BJP government will not miss an opportunity to highlight this projected personal achievement of Prime Minister Narendra Modi. After that, many politicians, party members and government officials started to announce their own projects on how the Indian economy would grow. Defense Minister Rajnath Singh has gone a step further, saying that by 2047 India will be the richest country in the world. Is India a strong economy? We have traveled many miles since independence. And credible work has been done by all prime ministers. But the GDP figures are of no relevance to the average person. GDP is not a measure of poverty, so these figures do not reflect the actual situation of poverty within a country. GDP is a measure of business and services done by a country, including imports and exports. GDP per capita may reflect to some extent the participation of citizens in the economy. Therefore, it is rather misguided to say that India will become rich simply because its economy is growing. GDP at a constant rate gives a real feeling of economic growth. GDP at current prices in today’s value is an independent measure. Politicians always speak at current prices because they are always inflated at current prices due to several factors such as inflation and currency fluctuations.This automatically means that poverty will decrease . Nothing is farther from the truth.
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