India Budget analysis (it’s not enough yet)

Maynter socials

India Budget analysis (it’s not enough yet)

1.Indian national budget in rupee in last 2 decades had incredible grown and it reached from 4000 billion rupee to 39000 billion rupee. They have 875% growth in their national budget amounts and their growth had very fast slope. But as we said, for recovery of their historical lag, they must working on this field so harder. Also it’s notable that China in same time had 1100% growth in national budget, by attention to this realities that China is a productive country but India absolutely not like them. It seems that without strengthening of national capacity for industrial production, Indian national budget growth in rupee will not help them.

2.Trend of India national budget in dollar shows 544% growth in 2 last decades. Their budget from 90 billion dollar in 2000 reached to 580 billion dollar in 2018. This is fantastic growth, but need to more growth in next years. India for achieve to minimal standards of Asian BPC, at least need to 3000 billion dollar in national budget, which that is 6 times bigger than of current budget in dollar. It seems that by current growth rates and India situation in population, they will can achieve to this number in the next 20 year. Although we cannot don’t attention to this realities that in the next 20 years, they will have many complicate problems in development in compare to present time. Also it’s notable that they have notable fluctuate in the period of 2007-2009, which that is consequences of world economic crisis.

3.Analysis of Indian BPC shows they had 434% growth on that and it was smaller than of budget size growth. Then, this is obvious that their budget growth absolutely wasn’t matched with their population growth. In 2018, Indian BPC was equal to 422 dollar and it was 79 dollar in 2000. Also, the distance between BPC and GDP per capita, which we suppose that it was the sign of people efficiency in economy and shows the growth of population skills to us, had growth in India. It increased to 4.8 from 2.5 in 2 decades.

4.The main reason in less effective of B index in GW body of India, returns to small size of B index. As defined in political weight index and governmental weight index structures, B index shown us the distance between under review countries BPC with best amount of BPC. At now Indian B index is less than of 0.9. In fact their BPC never reached to 1% of base amount of BPC (that belong to Luxembourg BPC). Although their BPC in 2000 was 0.4, which via many fluctuate had 131% growth in last 2 decades. This amount for China in same time was 815%. The interesting fact in here is that in 20 years ago both of them almostly stayed in same point of B index.

MAYNTER

Maysam Araee Daronkola


Maynter socials

Leave a Reply