comScore
Active Stocks
Fri Sep 29 2023 15:59:14
  1. Tata Steel share price
  2. 129 1.78%
  1. NTPC share price
  2. 245.65 3.3%
  1. Power Grid Corporation Of India share price
  2. 199.85 -0.45%
  1. State Bank Of India share price
  2. 598.7 1.48%
  1. Wipro share price
  2. 406.25 0.11%
Business News/ News / India/  Kapil Sibal compares India with China on GDP, unemployment and inflation
Back

Kapil Sibal compares India with China on GDP, unemployment and inflation

Kapil Sibal points to India's GDP, inflation and unemployment numbers while comparing with China.

The resolution had accused Kapil Sibal and Neeraj Kishan Kaul for not showing solidarity with SCBA president, senior advocate Vikas Singh, on a matter related to the allotment of land for lawyers’ chambers. (ANI) (HT_PRINT)Premium
The resolution had accused Kapil Sibal and Neeraj Kishan Kaul for not showing solidarity with SCBA president, senior advocate Vikas Singh, on a matter related to the allotment of land for lawyers’ chambers. (ANI) (HT_PRINT)

With India set to become the world's most populous nation, Rajya Sabha MP Kapil Sibal on Thursday urged people to look at parameters such as GDP, unemployment and annual inflation as he pointed out that India was lagging behind its neighbour China on those counts.

Sibal, a former human resource development minister who often takes digs at the government, put out data on Twitter comparing India and China, to point out the gap between the two countries on key parameters of GDP and inflation.

India is set to become the world's most populous nation with 142.86 crore people, shows the latest UN data.

In a tweet, Sibal, an Independent MP, said, "India ahead of China: Population: India 1428 million, China 1425 million. Other indicators (2021), World Bank Data: GDP – China: USD 17.73 trillion, India : 3.18 trillion. Unemployment: China: 4.8%, India: 7.7%. Annual inflation (consumer prices): China: 1%, India: 5.1%. Think about it!"

The Congress on Wednesday had also jabbed the government over unemployment after UN data showed that the country was set to become the most populous nation.

Congress spokesperson Supriya Shrinate had said the population is increasing and India is becoming the youngest nation in the world, but where are the jobs for our youth.

"What used to be called demographic dividend can become a demographic disaster today, because our youth do not have employment and there is no talk of their employment," she had said.

"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Updated: 20 Apr 2023, 12:21 PM IST
Next Story
Recommended For You
Switch to the Mint app for fast and personalized news - Get App