"This is based on the assumption that we will be able to meet the expected GDP (a measure of the value of goods and services produced in the country) growth rate of 6.5% in the 2015-16 fiscal.  And if GDP growth reaches 7-8% in coming 3-4 years, about 9-10 million jobs could be created," said Pankaj Bansal, chief executive officer of PeopleStrong, an HR consultancy firm.

confuzzled dude wrote:

"This is based on the assumption that we will be able to meet the expected GDP (a measure of the value of goods and services produced in the country) growth rate of 6.5% in the 2015-16 fiscal.  And if GDP growth reaches 7-8% in coming 3-4 years, about 9-10 million jobs could be created," said Pankaj Bansal, chief executive officer of PeopleStrong, an HR consultancy firm.

A lot of assumptions made there. Given all the hype about Modiji's smarts/business acumen he will be considered a failure if the growth rate doesn't reach double digits by the end of his term.

southindian wrote:

confuzzled dude wrote:

"This is based on the assumption that we will be able to meet the expected GDP (a measure of the value of goods and services produced in the country) growth rate of 6.5% in the 2015-16 fiscal.  And if GDP growth reaches 7-8% in coming 3-4 years, about 9-10 million jobs could be created," said Pankaj Bansal, chief executive officer of PeopleStrong, an HR consultancy firm.

A lot of assumptions made there. Given all the hype about Modiji's smarts/business acumen he will be considered a failure if the growth rate doesn't reach double digits by the end of his term.

This in business terms is called moving goal posts for success.

Opposition does this to cushion the impact of success by party in power.

CD, in simple terms for you it means... the opposition has thrown in their towel irrespective of whatever success Modi gets in coming years.

confuzzled dude wrote:

southindian wrote:

confuzzled dude wrote:

"This is based on the assumption that we will be able to meet the expected GDP (a measure of the value of goods and services produced in the country) growth rate of 6.5% in the 2015-16 fiscal.  And if GDP growth reaches 7-8% in coming 3-4 years, about 9-10 million jobs could be created," said Pankaj Bansal, chief executive officer of PeopleStrong, an HR consultancy firm.

A lot of assumptions made there. Given all the hype about Modiji's smarts/business acumen he will be considered a failure if the growth rate doesn't reach double digits by the end of his term.

This in business terms is called moving goal posts for success.

Opposition does this to cushion the impact of success by party in power.

CD, in simple terms for you it means... the opposition has thrown in their towel irrespective of whatever success Modi gets in coming years.

So what are your expectations from this government, 6% sustained growth? 5 years from now, would you consider that as moving in a right direction? What if NDA fails to create 100 million jobs as alluded in the linked article.