Kool_SRG Posted September 12, 2019 Report Share Posted September 12, 2019 ‘We should not be concerned with GDP maths,’ Commerce Minister says Days after Finance Minister Nirmala Sitharaman attributed the slowdown in the auto sector to millennials using Ola and Uber, Commerce Minister Piyush Goyal has said that we should not be concerned with GDP maths, since “maths never helped Einstein discover gravity”. He was speaking to reporters following a meeting with the Board of Trade and sought to instil confidence that the country was on track to meeting the $5 trillion target in five years. “Don’t go by all these calculations you see on TV, that if the country has to become a $5 trillion economy, it will have to grow at 12% but right now it is currently growing at 6-7%,” Mr. Goyal said. “Don’t get into those maths. Those maths have never helped Einstein discover gravity.” “If he had only gone by structured formulae and what was past knowledge, I don’t think there would have been any innovation in this world,” Mr. Goyal added. The Commerce Minister’s statement comes at a time when the Indian economy is growing at a multi-year low rate. The growth rate in the first quarter of the financial year 2019-20 stood at a dismal 5%, the lowest in six years. A major sector affected by this slowdown has been the auto sector, which has seen sales repeatedly breaching historically low levels. In response to this, Ms. Sitharaman said that the subdued demand was being caused due to BS-VI fuel norms and young people’s preference for ride sharing apps such as Ola and Uber. “The automobile and components industry has been affected by BS-VI and the mindsets of millennials who now prefer to have Ola and Uber rather than committing to buying an automobile,” Ms. Sitharaman said on Tuesday in Chennai. Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted September 12, 2019 Author Report Share Posted September 12, 2019 Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted September 12, 2019 Author Report Share Posted September 12, 2019 Newton Trends on Twitter After Railway Minister Piyush Goyal Says 'Einstein Discovered Gravity' Maths never helped Einstein discover gravity, because it was Isaac Newton, who discovered gravity. Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted September 12, 2019 Author Report Share Posted September 12, 2019 Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted September 12, 2019 Author Report Share Posted September 12, 2019 Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted September 12, 2019 Author Report Share Posted September 12, 2019 Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted September 12, 2019 Author Report Share Posted September 12, 2019 Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted September 12, 2019 Author Report Share Posted September 12, 2019 Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted September 12, 2019 Author Report Share Posted September 12, 2019 Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted September 12, 2019 Author Report Share Posted September 12, 2019 Quote Link to comment Share on other sites More sharing options...
Kool_SRG Posted September 12, 2019 Author Report Share Posted September 12, 2019 Quote Link to comment Share on other sites More sharing options...
aakathaai_new Posted September 12, 2019 Report Share Posted September 12, 2019 Idhem logic ra gabbu naayaala asalu Einstein gravity kanipettadam enti eedi pindaakudu Cabinet antha panditha puthrule unnattunnaaru aa nirmalamma oka ayomayam idemoo saantham maidhaanam Quote Link to comment Share on other sites More sharing options...
timmy Posted September 12, 2019 Report Share Posted September 12, 2019 I am not concerned about the misquote of Einstein or Newton but he said he didn't use math to discover gravity annadu choodu 1 Quote Link to comment Share on other sites More sharing options...
TOM_BHAYYA Posted September 12, 2019 Report Share Posted September 12, 2019 Agreed not the maths but gaumutra helped Quote Link to comment Share on other sites More sharing options...
reality Posted September 12, 2019 Report Share Posted September 12, 2019 Veedu, Jaleel Khan same school lo BCom chesi untaaru. 1 Quote Link to comment Share on other sites More sharing options...
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