"We trust that you will avoid using harsh language and will refrain from making
unsubstantiated allegations against individuals and firms. Your constructive feedback
and opinions are very valuable to all of us in the industry. "
Very good. one of the stear-clear article.
very informative and explanative
THANKS TO SHARE VERY IMPORTANT AND BASIC TOPICS RELATED TO OUR FINANCIAL FIELD
THANKS TO WEALTH FORUM TEAM.YOUR JARGON BUSTER-ECONOMY IS KNOWLEDGE BASED VERY INTERESTING ARTICLE
It is very important and very very use full to all of us
Article is nice. We can definitely add more substance to it by taking historical values as well and see how the change has happened. Also, how the countries contribution to world GDP has changed over a period of time. Here Time is defined as previous 1000 to 1500 years.
This data is available in the book, "Contours of World Economy."
It is a real learning article for all IFAs.
VERY IMPORTANT TO US AND UNDERSTAND BY EVERY INDIAN FOR OUR COUNTRY.
The best comment is from Avinash Patnakar. PPP with ref. to GDP is clear to us when we go abroad. No doubt we find things are cheaper in India. An orange or a banana or a kilo of rice is cheaper here. But at whose cost? At the cost of the poor farmers. They work so hard and get very little profit. Thanks to our govts anti poor policies, the Indian farmers are not getting handsome profits like farmers abroad. There, the farmers earn much more than our top managers. Similarly a bottle of water or a pack of biscuits is cheaper here because the wholesalers and retailers are happy with small margins of profit. Abroad, the shops earn handsome profit margins. Hence for India, PPP should be ignored.
VERY INTERESTING ARTICLE WHICH IS VERY WELL PRESENTED ABSOLUTE CLARITY HELPED UNDERSTANDING THE CONCEPTS BETTER.
A good article to understand the Economical Definitions/terms
good one to understand.
It is an interesting article.It helps me to increase the knowledge. Thanks to wealthforum.
PPP with reference to GDP becomes more evident when one goes abroad. There in most of the cases u find rates in INDIA cheaper than those abroad.one really comes to know the REAL value of living in INDIA.
Excellent article. Very informative. I appreciate your initiave of sharing knowledge. Keep it up.
A good article. Thank you wealthforum.
GREETINGS. IT IS AN INSIGHTFUL OF INFORMATION TO DISTIGUISH THE DIFFERENCE AMONG THE COMMON FORMS OF THE RELATED ABBREVIATIONS TO THE INDUSTRY PEOPLE. THIS WILL ENHANCE THE KNOWLEDGE TO THE DISTRIBUTORS IN COMMON AND ENABLE THEM TO DO THEIR BUSINESS EDUCATIONALLY.
C N ANNADURAI