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    Indian Economy: News and Discussion

    Thanks for confirming that you have ZERO knowledge about HSRs and urban planning in general.
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    Indian Economy: News and Discussion

    It is only in the great dumbocracy of the banana republic of superpower India are these retards championed as 'environmental crusaders' and what not by the useful idiots across the media spectrum. Also the congis and their NAC are to be blamed who framed laws after laws making land acquisition...
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    Indian Economy: News and Discussion

    Of course japs are to preferred. Who else do you expect to provide the technical know- how? Cheenis? Also the amount of ToT they have offered is phenomenal. It also makes sense for them to sell some of their technological know-how and in some cases even know-why because after their bitter...
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    Indian Economy: News and Discussion

    Here is the abstract of a paper that does a social cost-benefit analysis of Metro Rail in a typical Indian city (Delhi in this case); The growing demand for public transport in mega cities has serious effects on urban ecosystems, especially due to the increased atmospheric pollution and changes...
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    Indian Economy: News and Discussion

    In the US, environmental scientists are aggressively pitching for high speed railways and here we have democracy ke theekedars doing rr about muh MaharShTrA woN't BeNEFiT .... muh RoI ..... muh we will become SrI LanKa saaar ..... protecc EnvIronMent sAArrrr ...
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    Indian Economy: News and Discussion

    It never ceases to amaze me that India has a bunch of egomaniacs masquerading as environmentalists who even oppose metro rails and HSRs. You mean to say DPRs don't give ridership projections? Do you even know anything about the procedure that is followed before tenders are awarded? Are you...
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    Indian Economy: News and Discussion

    https://t.co/Tal4bxemw5 Exactly what I wrote.👇 =========================== These stats are from some random third party surveys/NGOs; which get cherrypicked by IT cell coolies. World Bank and IMF have detailed papers on how India eliminated poverty; despite pandemic and all.
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    Indian Economy: News and Discussion

    I gave examples of tech giants because that is the vertical I am involved in; also you don't have to be a tech giant to spend on r&d. While companies involved in software, pharmaceuticals, biotech, electronics, semiconductors etc are indeed r&d heavy, Manufacturing companies spend a median...
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    Indian Economy: News and Discussion

    Pretty much every tech giant has people from all over the world in their r&d setup. Definitely not all of them come from ivy league colleges.
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    Indian Economy: News and Discussion

    Look, r&d is something that forms the backbone of a company and those who have it; have it! The rest are basically doing baniyabaji; no amount of incentives will put them into r&d. Google has that backbone. So does Microsoft. So does Adobe. So does Amazon. So do Texas instru, Intel, Qualcomm...
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    Indian Economy: News and Discussion

    1. GST is increased to reduce tax evasions and reverse inverted duty structures. There is a reason why the GST council decided to raise tariff unanimously. And ultimately they have to move away from GST compensations; it is not viable anymore. 2. They increased import tariff on some R&D...
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    Indian Economy: News and Discussion

    https://www.moneycontrol.com/news/business/government-in-talks-to-raise-pli-scheme-allocation-for-drone-industry-sources-8864041.html https://knnindia.co.in/news/newsdetails/sectors/white-goods-industry-gets-a-push-from-pli-scheme-61-companies-setup-manufacturing-in-111-locations
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    Indian Economy: News and Discussion

    That projection is for calender year 2023 and not for fiscal 2023-24; fo4 FY 2023-24 their projection is 5.5%ish which, if holds true, would effectively mean that the global economy will COLLAPSE. And last but not least, at the end of the day these are just projections so take them with...
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    Indian Economy: News and Discussion

    bringing 80-90% of the items at say, 12 - 15% uniform rate might rationalize the entire structure. Question is can they do it? This GoI has majority everywhere, from the lower house to the GST council, but backs out from important reforms the second things go even marginally south.
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    Indian Economy: News and Discussion

    States could always 'reject' GST; that is exactly why meetings are convened by the GST council, i.e. , to work on objections raised by the states. A state can still reject a proposal; even after reaching a consensus. Although, such provisions have not been taken advantage of till date.
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    Indian Economy: News and Discussion

    Q1 FY 2022-23 MoRTH road construction numbers look horrible; awarding of projects (from a record 12731 km in last fiscal) contracted by 42%; construction dropped by 14% (translating to 22 km per day). To be noted is that last fiscal already had weak numbers to begin with (construction speed...
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    Indian Economy: News and Discussion

    https://t.co/qWY9NE0UpV
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    Indian Economy: News and Discussion

    They are probably extrapolating trends like this; India's manufacturing exports may touch $1 trillion by FY28: Bain ================================ The six sectors driving export growth will be chemicals, auto, electronics, pharmaceuticals, textiles and industrial machinery...
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    Indian Economy: News and Discussion

    Article seems misleading though; https://pib.gov.in/PressReleasePage.aspx?PRID=1826946 As for FDI equity inflows in manufacturing; Definitely does not look like a case of utter failure in attracting manufacturing. FDI equity inflow; Nearly constant. Where exactly is the slowdown? To...
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