Annual percentage rise in Gross Domestic Product

This graph indicates the yearly percentage GDP rise since 1991, when India adopted free market principles aimed at liberalizing its economy. A growing middle class consumer population and increased educational standards have both helped to contribute yearly GDP rises that dwarf those of many western countries. The graph ranges from the lowest growth rate of 1.06 per cent in 1991 to a staggering 9.82 per cent rise in 2007 and then 9.72 in 2010. What is noticeable is the sharp drop between 2007 and 2008 -- the time of the global credit crunch -- but perhaps more striking is the dramatic bounce back in the following year.

 

GDP growth (annual %), India from Timetric

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The NS Podcast #204: Carswell and Collapse

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Helen and Stephen are joined by Jonn Elledge to lament our exit from the EU, discuss what they feel about the EEA, and decide who they loathe more: Douglas Carswell or Daniel Hannan. Jason Cowley and George Eaton then introduce our special-issue on Labour's collapse. And you ask us: what do we think of the Labour Leave MPs?

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