Day Trading Stocks & Futures

[mohan.sic]

I agree but there's a reason why the term "ceteris paribus" is used in economics & other sciences. Anyway, the point I'm trying to make is that population-increase/decrease can have a significant impact on national GDP, which is why I don't like the obsession with the national GDP growth to underline how well a nation is doing because I'd rather want us to grow on the basis of innovation & technology rather than largely on the basis of population-growth. So, when we set these targets for national GDP growth, we must consider that as the population-growth in India slows (I HOPE SO), it MIGHT have a negative impact on GDP, & we should be fine with that.

If a country's national GDP is somewhat stagnant, & yet, if the per capita GDP (PPP) is going up, then is that such a terrible thing for its people? What do you think?

yes you are right.. In my layman language, if new members are added to my family, naturally we consume more and contribute to increase in GDP. But at the same time if my income levels are not increasing proportionally, naturally I wont be able to save. So that's not real economic development.

We need to increase per capita income of individual and per capita income of family by having more jobs. And this increasing income levels will push spending and GDP grows naturally even if population is controlled.

But how do we increase per capita levels and How do we create jobs is the Question ??

 

[Newbie Day-Trader]

yes you are right.. In my layman language, if new members are added to my family, naturally we consume more and contribute to increase in GDP. But at the same time if my income levels are not increasing proportionally, naturally I wont be able to save. So that's not real economic development.

We need to increase per capita income of individual and per capita income of family by having more jobs. And this increasing income levels will push spending and GDP grows naturally even if population is controlled.

But how do we increase per capita levels and How do we create jobs is the Question ??

Increasing knowledge & innovation can make people more productive (with respect to production of goods & services); & by facilitating a business-friendly atmosphere. Look where India is on this list - https://www.doingbusiness.org/en/rankings

 

[mohan.sic]

Increasing knowledge & innovation can make people more productive (with respect to production of goods & services); & by facilitating a business-friendly atmosphere. Look where India is on this list - https://www.doingbusiness.org/en/rankings

I don't understand those rankings. Every one talks about it. But practically what eaze of doing business really means ?

 

[siddhant4u]

I don't understand those rankings. Every one talks about it. But practically what eaze of doing business really means ?

Check out the pdf link on the page

https://www.doingbusiness.org/conte...h/DB19-Chapters/DB19-Score-and-DBRankings.pdf

 

[siddhant4u]

Basically its about how easy it is to register firm, buy/rent office, get permissions etc

 

[mohan.sic]

Check out the pdf link on the page

https://www.doingbusiness.org/conte...h/DB19-Chapters/DB19-Score-and-DBRankings.pdf

Actually what I meant was this eaze of doing business and all such stuff is not really hindrance at current times. That's my opinion without facts. So i will go through it and check...
But before sending me the link have you checked the parameters and do you really think that they are strong hurdles for us in India.

Edit: I am not saying that everything is so eazy here as we are pro business policy framework. But are they really so strong hurdles that our development is not happening bcz of those parameters they choose to list down those business friendly nations.

 

[Riskyman]

Better keep money in the bank and earn some interest income than try to start a business in India.

 

[siddhant4u]

Actually what I meant was this eaze of doing business and all such stuff is not really hindrance at current times. That's my opinion without facts. So i will go through it and check...
But before sending me the link have you checked the parameters and do you really think that they are strong hurdles for us in India.

Edit: I am not saying that everything is so eazy here as we are pro business policy framework. But are they really so strong hurdles that our development is not happening bcz of those parameters they choose to list down those business friendly nations.

Bcos we Indian know it takes weeks to get permissions and are Ok with this.
Try opening bank account for newly registered firm, lease a property as office, get electrcity connection etc.

To give an example, In UK you can register a company online by pying 25 pounds which is around 2100 Rs! And within 1 hr you have your company registered.

 

[siddhant4u]

To add more, most of these rankings are useful for outsiders to start business in India. So they do check end to end process (start to bankruptcy)

You might have read about taxman going after Statups. The seed capital was deemed taxble as income for such firms causing huge tax bills.

 

[Self-employedTrader]

Actually what I meant was this eaze of doing business and all such stuff is not really hindrance at current times. That's my opinion without facts. So i will go through it and check...
But before sending me the link have you checked the parameters and do you really think that they are strong hurdles for us in India.

Edit: I am not saying that everything is so eazy here as we are pro business policy framework. But are they really so strong hurdles that our development is not happening bcz of those parameters they choose to list down those business friendly nations.

One my friends after our graduation started his own power electronics instrumentation business. After 10 years, he's a crorepati now.