Revdi path to developed economy.

"Fitch Ratings has raised India's medium-term potential growth estimate by 70 basis points to 6.2% even as it blamed China for reducing the estimate for 10 emerging markets to 4% on a GDP weighted-average basis." "A common factor for the higher growth forecast has been the swift recovery in labor force participation rates following sharp declines in 2020, Fitch said." ET. After all, as per our revered prime minister, selling pakodas is also a job. The Wire. "While US goods imports from China declined by 10% from 2018 through 2022 in inflation-adjusted terms, they rose by 44% from India," as "US imports of mechanical machinery from China shrank by 28% from 2018 through 2022, but increased by...70% from India." ET. India's exports to the US surged by $23 billion, a 44% increase from 2018 to 2022. The seductive deception of percentages. "US goods imports from China totaled $536.3 billion in 2022, up 6.3 percent ($32 billion) from 2021," and "US goods trade deficit with China was $382.3 billion in 2022, an 8.3 percent increase ($29.4 billion) over 2021." ustr.gov. India's merchandise exports declined by 2.6% from $35.39 billion in September 2022 to $34.47 billion in September 2023, but trade deficit fell to $24.16 billion because imports fell to $53.84 billion." DH. Engineering goods exports jumped 6.8% to $8.91 billion. India's "merchandise trade deficit for FY 2022-23 was estimated at $266.78 billion as against $191.05 billion in 2021-22." Mint. The trade deficit with China contributed $101.02 billion in 2022, a huge jump from $69.38 billion in 2021. ET. Of course, India's financial year is different from the calendar year, but the trend is the same. "The government is set to finalise a draft roadmap for India to become a $30 trillion economy by 2047. With an expected population of 1.65 billion, this means per capita GDP of $18,181. Going by the World Bank's existing threshold of $13,846 Gross National Income per capita for high-income economies, this will put India in the realm of a developed economy." HT. At an election rally in Chhattisgarh, "Centre's free ration scheme will be extended by 5 more years, Prime Minister Narendra Modi said on November 4. 80 crore (800 million) people will benefit from it." ET. As "Modi ki Guarantee", the BJP "has promised to provide cooking gas cylinders at Rs 500 to poor families, one lakh (100,000) government jobs in the next two years, and Rs 12,000 per year financial assistance to married women if elected to power in Chhattisgarh." ET. Why only in Chhattisgarh and not the whole country and why only during the election? Poor people have been struggling to buy gas at Rs 1,000 per cylinder." TOI. In July 2022, "PM Modi warned people against the revdi culture under which votes are collected by promising freebies and said this could be 'very dangerous' for the development of the country." India Today. "Together we have to defeat this thinking. Remove revdi culture from the politics of the country," said Mr Modi. Surely "Modi ki Guarantee" is the mother of all revdis? Blatant lies and total absence of any principle. The very definition of 'corruption'.