Search results

  1. B

    Indian Economy: News and Discussion

    Should probably be called the "Secular" rate of growth or the "Fabian Socialist" rate of growth or the " Nehruvian " rate for given who was in charge at the time and their policies.
  2. B

    Indian Economy: News and Discussion

    The US was basically you are either with us or against us. Nehru was too proud for our own good. He was unable to give up his ideology to make the pragmatic choices that would have been good for the nation. Pakistan meanwhile was ruled by army generals that had absolutely no ideology beyond...
  3. B

    Indian Economy: News and Discussion

    Against the Soviets. India could have chosen the American side in the Cold War. The US was interested in having India as an ally. It was only after Nehru's non-aligned movement and he and his daughter's embrace of Fabian Socialism that the US chose Pakistan as their partner in South Asia.
  4. B

    Indian Economy: News and Discussion

    India could have done what Japan, Korea, Thailand, Singapore, Malaysia and even China did and align with the US in exchange for economic assistance and access to the US market. Sure there would come a point where India would get too large and the US would turn hostile. However, India would still...
  5. B

    Indian Economy: News and Discussion

    Housing for factory workers is great. Way back in the 1960s when Japan was industrialising post world war 2 it used similar worker dormitories. Girls were recruited to work in these factories from rural Japan from as early as middle school. Hopefully we can learn from the success in electronic...
  6. B

    Indian Economy: News and Discussion

    Yes. There are actually areas in the US like St Lois and Baltimore that have Mexican levels of violence. However there are also very safe suburb and rural areas with good rule of law and low crime. The US on the whole is more violent than Europe and East/South East Asia and the Gulf Arab...
  7. B

    Indian Economy: News and Discussion

    How did they bring it down from over 50% to less than 10% in 20 years? The rate of decline after WW2 is incredibly. Why can't we do that?
  8. B

    Indian Economy: News and Discussion

    I'm optimistic but it will probably take at least 30 years to develop the reactors, get enough fuel from breeder reactors and start building at scale. I would like to see much faster build out of nuclear power plants in general. They should standardise on a few preapproved designs (HWRs ...
  9. B

    Indian Economy: News and Discussion

    Imagine how much better off India would be if Bihar had followed Odisha. Our per capita GDP would be higher, especially when you consider the lower population growth due to Bihar being closer to the average national fertility rate. Those social justice types that support the RJD and Jungle Raj...
  10. B

    Indian Economy: News and Discussion

    Stopping cheap imports and giving preference to local industries is literally part of the East Asian playbook. From Japan's industrialization after the Meji Restoration to what China has done in the last 50 years promoting local industries even if they are uncompetitive and limiting foreign...
  11. B

    Indian Economy: News and Discussion

    Do what the Chinese do and implement "non-tariff barriers" . Maybe we can introduce regulations to ban imports of poor quality. Unfortunately we don't have the same levers as China. The CCP just needs to unofficially declare that a certain import is no longer wanted and all Chinese companies...
  12. B

    Indian Economy: News and Discussion

    However frustrating the BJP is the opposition is clearly worse and their ideas are extremely dangerous. Instead of campaigning on the economy and industrialization they focus on dividing the country further and redistributing death pol pot style.
  13. B

    Indian Economy: News and Discussion

    Why can't we put more tariffs on imports from Bangladesh, Vietnam and China? Hopefully the textile parks will be completed too. If we can negotiate so trade deals to get duty free access to the US, EU and UK markets, that would help as well.
  14. B

    Indian Economy: News and Discussion

    From what I can remember for the Bangalore Metro Yellow line contract the Chinese company put in an unrealistically low bid. The contract stipulated that the train sets were to be manufactured in India which raised the cost for many of the other bidders. After winning the Chinese tried to change...
  15. B

    Indian Economy: News and Discussion

    Is Vietnam producing as much cement as China per capita? That would be surprising given the difference in per capita GDP. Our steel and cement consumption is what you would expect given China has a 5x larger economy and much more manufacturing and infrastructure spending. Also, the services...
  16. B

    Indian Economy: News and Discussion

    https://www.moneycontrol.com/news/business/economy/flash-pmi-for-india-launched-january-services-print-at-6-month-high-of-61-2-12116461.html "India's services Purchasing Managers' Index (PMI) likely rose to a six-month high of 61.2 in January, with the gauge of manufacturing sector activity at...
  17. B

    Indian Economy: News and Discussion

    https://www.hindustantimes.com/india-news/tesla-makes-big-plans-for-india-may-set-up-factory-make-new-car-for-developing-nations-101705089954724.html "As India moves closer to drafting a new electric vehicles (EV) policy, Tesla is in advanced talks to make an entry into the country and may be...
  18. B

    Indian Economy: News and Discussion

    Unfortunately manufacturing PMI doesn't seem to have translated much into growth in manufacturing exports or growth in manufacturing as a % of GDP. On the latter maybe it is just because services growth has also been just as higher or even higher than manufacturing.
  19. B

    Indian Economy: News and Discussion

    The IT professionals and factory workers in Hyderabad, the people that actually pay most of the taxes, did not vote for Congress. Congress did not win a single seat in Hyderabad. Yet they now get to decide the fate of Hyderabad. All the taxes from Hyderabad will go towards freebies in rural...
  20. B

    Indian Economy: News and Discussion

    I don't mind the money being spent if it could end child malnutrition, wasting and stunting. This has a significant impact on India's human capital. However the way it is currently being done clearly isn't working given the malnutrition metrics haven't improved.
Top