India's economy between 1970 and 2010 - Economy of India

[0433443388]

US $1 was equal to 3.65 rupees in 1947.then it was 7 rupees in 1970,Now its equal to 53 rupees in 2012.what a economy growth.dont be fooled by media and illitrate politicians

[21JESSY1994]

@0433443388 Just how much Rs = $ does not tells you if a country is growing or not..

1$ = 75 yen, but that does not mean Japan is not growing.....

[0433443388]

@21JESSY1994-if u r sayin that India is growing economy power even rupee is collapsing please explain me how?One litre petrol is $1.30 cents per litre in USA now & same petrol is about 75 rupees in India.If an American earn $100 a day& spend $2.60 to buy 2 litre petrol for his car,he still have $97.40 for food & living.An Indian earn 100 rupees a day & buy 2 litre petrol. He need to borrow 50 rupees for petrol noting left for food & living.Pls reply me we ll hav gud discusson.

[Indigga]

@0433443388 You are just setting your self up to be bashed brah.

Currency exchange rate doesnt mean shit. It just shows the inflation levels. Dollar is worth less than the pound. One dollar is worth way more than 1 yen yet Japan's economy is in a much better shape right now. Same with India and China. Dont be fooled by this idiot people.

[0433443388]

@Indigga So u r sayin if ruppee ll b goin down continously like now,it ll help India to becom superpower. DONT 4get everythin is a money for a nation to stanad against others on the international level,if u loose money u loose everything.the flow of cash is the 2nd important thing after the wealth.Japan has balance of money because they hav controled the cash flow.India is unable to control the cash flow.One citizen hav no money 2 eat other hav Billions plus the corruption.Indian media is Lying.

[Blacktiger716]

with the current rate of corruption and bureaucracy nothing can be expected

[maha19791979]

the world's largest economy with the baggage of 836 million people living under 50 cents a day! What a joke!

[TheEuphony69]

@maha19791979

Your info is outdated. You need to pay several hundreds for any labor work

[sprau09]

India going 2be world's largest economy soon..

[wing2912]

I think its the 8th now

[silver4883]

its not 10th largest its 9th largest now

[workhardt2]

An indian song, man ! Indian topics, Indian songs !