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@SalmanSoz @aniljothomas @narendramodi It's the inevitability of the Algebra of exponential growth.
At any given growth rate the absolute increase in any fixed period (say a 5 year period) will be greater than in the previous period).
The Prime Minister must not take credit for algebra.
In a chart.
At any given growth rate the absolute increase in any fixed period (say a 5 year period) will be greater than in the previous period).
The Prime Minister must not take credit for algebra.
In a chart.
@SalmanSoz @aniljothomas @narendramodi For example if you start at GDP = 0.2Trillion (I.e, 200 billion); AND grow steadily at say 8%, - giving a doubling time of 9 years. If this is sustained you reach
1 .2 Trn in 27 years
2.4 trillion in the next 9 years
4.8 trillion in the next 9 years.
1 .2 Trn in 27 years
2.4 trillion in the next 9 years
4.8 trillion in the next 9 years.
@SalmanSoz @aniljothomas @narendramodi That means The absolute arithmetical increase in GDP was
1 Trn in first 27 years
1.2 in next 9 years
2.4 in next 9 years.
Only an ignoramus in simple school algebra, or a fraud, or both would claim that the performance was best in the final 9-year period. It was 8% throughout.
1 Trn in first 27 years
1.2 in next 9 years
2.4 in next 9 years.
Only an ignoramus in simple school algebra, or a fraud, or both would claim that the performance was best in the final 9-year period. It was 8% throughout.
