So how large is the Indian economy this year? If you were to place it in US dollars, the figure would be something drawing closer to $2.5 trillion — which is easy to state and compose. Be that as it may, if you were to place it in rupees, the vast majority would state: About 160 lakh crore, or Rs 1.6 crore. This is to have a comma after every two digits past the underlying three, and different from the worldwide checking system which puts a comma after every three digits. One lakh crore, if written in figures, would scramble up the two systems and state it as 1,00,000,00,00,000 — note that there is a three-digit abnormality between commas, blended in the arrangement of two-digit divisions.
As it occurs, there is an approach to communicate the number basically and correctly in rupees — and that is to state Rs 16 Neel. The issue is that nobody utilizes this term — not the administration, not the Reserve Bank, in reality, no official or private body other than some Indian language distributions which routinely use Arab (for 100 crores). Maybe this corruption of the Indian method of tallying is on the grounds that, throughout the long term, everybody became accustomed to discussing thousands of crores. Having got that far, it more likely than not been a characteristic movement to lakh crores, and maybe even crore crores.
The vast majority are presumably not mindful that there are Indian expressions for numbers that rush to more than eight digits. Subsequently, Rs 20,000 crore should more correctly be composed as Rs 2 kharab.
These terms are not in like manner utilization. The inquiry is whether they ought to be. If one is to move away from today’s mutt variant of checking enormous numbers, one should move to the best possible utilization of Indian mathematical terms, as structured; or change to the globally acknowledged system of million, billion, and the rest.
In today’s digital world, PC programs are automatically set to present a comma after every three digits — in accordance with the worldwide system and utilization. The outcome is that a table giving an organization’s financial outcomes may express the business turnover as 1,000,000 — yet note at the top of the table that all figures are in lakhs. One has to do some psychological jugglery to make sense that the figure is really Rs 10,000 crore. The subsequent issue is that Indian numbers would get limitless to all outcasts who already battle with getting lakh and crore, and who might now be asked to likewise be comfortable with Arab, Neel, and shankh, and furthermore mindful that the Padma isn’t only a lady’s name.
Given the decision, a cutting edge economy with solid worldwide linkages should change to million, billion, etc. If thus, the normal Indian would be needed to make the psychological change and surrender lakh and crore. This may not be quite a bit of an ask, as one can say 160 trillion rather than 16 Neel. Numerous Indians would get away from the consistent mental gymnastics of changing over millions and billions into lakhs and crores, and regularly submitting errors. So,it is a smart thought to change over lakhs or crore to million or billion for better adequacy and dependability.