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  1. Indx TechStyle

    Indian Economy: News and Discussion

    He isn't significant to be quoted. There are source in general calling this nonsense out with figures. Pretty much like The Wire, he's unobjective pessimism.
  2. Indx TechStyle

    Indian Economy: News and Discussion

    He's Jayant Bhandari, known for nonsense.
  3. Indx TechStyle

    Indian Economy: News and Discussion

    That going in WW2 style is unlikely. Populations around world are nationalistic and conscious and not rough and tough enough to do a war. The supranational unions, confederations or plebiscite drive mergers may happen in world. Not gold exactly buy dollars. We sell ruppees and but dollars to...
  4. Indx TechStyle

    Indian Economy: News and Discussion

    Well no. It's completely updated per official sources. RBI cites Indian forex $611.895 billions and Russian cites their forex at $593.7 billions. Data are updated weekly in both Russia and India.
  5. Indx TechStyle

    Indian Economy: News and Discussion

    Not updated yet probably.
  6. Indx TechStyle

    Indian Economy: News and Discussion

    Gap was too small. India will be put ahead with larger gap later as it did with Taiwan and Saudi Arab and ROK.
  7. Indx TechStyle

    Indian Economy: News and Discussion

    Increasing imports are actually a sign of positive growth in consumption. Unless we have magically produced all those things we imported an year, founded alternatives for it or went into a great recession, imports won't drop.
  8. Indx TechStyle

    Indian Economy: News and Discussion

    Actually solving these problems is the transition into an upper middle income economy which is not realistic before a time period of 10-15 years but is likely to reach there too in terms of improvement rates. China will become a developed country by then though while India will just be catching...
  9. Indx TechStyle

    Indian Economy: News and Discussion

    He didn't mean it by naive approach of oversimplifying to only top layer of topic but asking you specific. Since you picked China here, your topics would be economic diversification and rapid industrialisation and not the inefficient way of job creations and subsidies what a failed socialist...
  10. Indx TechStyle

    Indian Economy: News and Discussion

    Fodder inflation AFAIK has been a front end of NDA government. Except for recent rise in edible oils, fodder inflation in India has remained low all these 7 years.
  11. Indx TechStyle

    Indian Economy: News and Discussion

    Bangladesh and African nations are a different stage in this regard. A bigger percentage of their families depend upon their daily wage labourer earning men. So, women are forced to do labour to earn some more. In India's case, incomes after 1990s somewhat have grown enough to allow families...
  12. Indx TechStyle

    Indian Economy: News and Discussion

    Life expectancy depends upon living standards and working hours and retirement age of people in life, what's their food and air quality. Indians are underweight and lack protein (hence live short) because of vegetarian factor (30% of population).
  13. Indx TechStyle

    Indian Economy: News and Discussion

    Just ended up watching it. Didn't expect it from Shekhar Gupta. 10 mein se zero number. Entire video was full clueless tantrums. Except of Seychelles and Mauritius (which themselves are Indian settlements), no sub-Saharan country has been doing any better than any region in world, not even...
  14. Indx TechStyle

    Indian Economy: News and Discussion

    Yogi is likely to win again in UP since other politicians yet hold a more horrible image and same case goes for Modi in center. Without corona, BJP would have become dominant party like INC became after independence. But yet they are going to remain single largest one since Indian opposition...
  15. Indx TechStyle

    Indian Economy: News and Discussion

    License Raj was about government's strong control, restrictions and approval on opening industries in India. Atmanirbhar Bharat is about producing items in India which otherwise were imported and hence, easing process of business and providing incentives is a part of it. Basically both are...
  16. Indx TechStyle

    Indian Economy: News and Discussion

    Growth in his era were on account of improved infrastructure, logistics supply lines and adoption of mechanical methods due to increase in households income. Improved exports were result of it, not a cause.
  17. Indx TechStyle

    Indian Economy: News and Discussion

    It won't make them prosper anyway. Unless small farmers have a district wise corporative system to share technology and raise funds or something like that, small scale farming can never be an efficient machine and will run on subsidies and funds from government. It's a decade away at least.
  18. Indx TechStyle

    Indian Economy: News and Discussion

    What I've written in first post and later on too, sales don't translate into income and prosperity for small scale farmers due to middlemen. You are expecting improvement in condition of rural farmers since exports of fruits are going up.
  19. Indx TechStyle

    Indian Economy: News and Discussion

    Yup though. That is a major factor too. https://en.m.wikipedia.org/wiki/Economic_Complexity_Index
  20. Indx TechStyle

    Indian Economy: News and Discussion

    The point you are not getting. No they (needy farmer aren't exporting their crops directly, there are middlemen. They destroying their crops because of lack of sales in some seasons is a different concern. But pulling small farmers out of poverty on the basis of their small scale farming is...
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