>>143859
>>143864
>numbers
there are still stray dogs and stray bovines everywhere
there is still thrash everywhere
there is still a huge number of potholes in the roads in the city
>>143859
GDP per capita is one of the least flawed way to judge a country's growth but it still has its own demerits.
Just by adding or removing few billionaires or conglomerates from or into the calculation process completely shifts the result
But yeah if I give it a micro-economic view and look at the area or city I live in so we seem to be winning
>>143861
In short
The Japan Credit Rating Agency (JCR) has upgraded India’s foreign and local currency long-term issuer ratings from BBB+ to A- with a Stable outlook.
This upgrade is driven by India's robust economic growth of around 7%, significantly improved banking sector health with non-performing loans dropping to 1.8%, and disciplined fiscal management that reduced the central deficit to 4.4% of GDP in FY2026. While JCR notes risks like elevated general government debt and geopolitical inflation pressures, India's strong digital infrastructure and public investments continue to drive sustainable economic expansion.
