Indian Economy: News and Discussion

[Haldilal]

Its been raining for three consecutive days here almost 200mm of rain in the last 24 hours no amount of infra can avoid this

Ya'll Nibbiars MSM ka kaam hi hai mis information Phelan. But no major water logging in major roads. The traffic is as usual. But the strom is increasing will remain for another one or two days.

 

[Lonewolf]

This is a sector where we have built our strength. Whole ecosystem is in place. From this point , we are all set to rise exponentially. I see export doubling in 4 years.

This is equal to total export of our neighbors

 

[Haldilal]

Ya'll Nibbiars Mumbai Bengaluru Industrial Corridor has the following planned development.

1 . Maharshtra : Industrial sites in Khed, Satara, Sangli, Kolhapur. Air freight and Smabhaji Maharaj Knternational Airport.

2 . Karnataka : Industrial sites Belgaon, Dharwad, Haveri, Dhavabgree, Chitrandurga, Turmuki. Expansion of air freight at the Kemopalgoda International Airport.

No major ports are part of the plan but ports in maharshtra and goa may be linked to this industral corridor.

 

[sauntheninja]

This is equal to total export of our neighbors

South korea a tiny country exports more than us no point looking at our neighbours

 

[Haldilal]

Ya'll Nibbiars if I am not mistaken this are the following numbers of Industrial sites by state wies planned under the Industrial corridors.

1 . Maharshtra 14.

2 . UP 12.

3 . Gujarat 9.

3 . Karnataka 9.

3 . Tamil Nadu 9.

6 . Rajasthan 7.

6 . Andhra pardesh 7.

6 . Madhya Pardesh 7.

9 . Punjab 5.

9 . Bihar 5.

11 . Harayana 4.

11 . Kerala 4.

11 . Telagana 4.

11 . Jharkhand 4.

11 . Odisha 4.

16 . Chattisgarh 3.

 

[ladder]

Ya'll Nibbiars if I am not mistaken this are the following numbers of Industrial sites by state wies planned under the Industrial corridors.

1 . Maharshtra 14.

2 . UP 12.

3 . Gujarat 9.

3 . Karnataka 9.

3 . Tamil Nadu 9.

6 . Rajasthan 7.

6 . Andhra pardesh 7.

6 . Madhya Pardesh 7.

9 . Punjab 5.

10 . Bihar 4.

10 . Harayana 4.

10 . Kerala 4.

10 . Telagana 4.

10. Jharkhand 4.

10 . Odisha 4.

16 . Chattisgarh 3.

You need to go back to your nursery school . To re-learn number system.

 

[Lonewolf]

South korea a tiny country exports more than us no point looking at our neighbours

Point was , look at scale of diversification and it's usefulness ,not competition .

South korea exports more , so does Germany japan and china due to their indigenous companies , we need to look at growth in tat a, Mahindra , maruti is a dud to bring the scale we are looking for ,then we can see some company moving whole production here

 

[Haldilal]

You need to go back to your nursery school . To re-learn number system.

Ya'll Nibbiars you Namak haram.

 

[Haldilal]

Ya'll Nibbiars I have not metined WB in the above list as the exact numbers of site is not decided. The sites may be around 7 to 9 depending on the plans implemented.

 

[asaffronladoftherisingsun]

Ya'll Nibbiars I have not metined WB in the above list as the exact numbers of site is not decided. The sites may be around 7 to 9 depending on the plans implemented.

Can you update me about 8000 Inr crore investment and 20 companies interested in quantum thingy processor fab?

 

[Haldilal]

Ya’ll Nibbiars in the Industrial Corridor plan's 11 state are not under it's infulences that are 8 states in the NE, HP, UK, Goa and The J & K.

 

[Haldilal]

Can you update me about 8000 Inr crore investment and 20 companies interested in quantum thingy processor fab?

Ya'll Nibbiars that is just rumours nothing concerte.

 

[asaffronladoftherisingsun]

Ya'll Nibbiars that is just rumours nothing concerte.

Buddy there is work in progress there.
The government of India in its budget 2020 has announced a National Mission on Quantum Technologies & Applications (NM-QTA) with a total budget outlay of INR 8000 Crores (900 million eur) for a period of five years to be implemented by the Department of Science & Technology (DST).

 

[Haldilal]

Buddy there is work in progress there.
The government of India in its budget 2020 has announced a National Mission on Quantum Technologies & Applications (NM-QTA) with a total budget outlay of INR 8000 Crores (900 million eur) for a period of five years to be implemented by the Department of Science & Technology (DST).

Ya'll Nibbiars thats R & D budget not investments.

 

[Haldilal]

Ya'll Nibbiars and the Planned Shirdi electronics Industrial Park is not part of any Industrual corridor entirely by State and private sector's.

 

[Haldilal]

Ya'll Nibbiars SEBI dosent regulates Algorithm Trade's.

And there are the type's of markets in India.

1 . The people with money and servers co located at the servers Farms of stocks exchanges.

2 . Long terms Investor's, Insurance fund's, Pension fund's, Investment fund's.

3 . The rests are retail Investor's, Mutual Fund's.

4 . The turbo charged retail Investors off the shelf algo writing platforms technologies.

The SEBI doesn't regulate's them and that's a high risk's.

 

[Haldilal]

Ya'll Nibbiars SEBI is aware of the Algo trading commodities trading to the Retail Clients. And the current frame works don't cover it's need a separate frame work for It's. The SEBI Techincal Advisor Comitte is just blank when it comes to this. The it's not safe with no trust in the Algro Platforms.

The Definition of the Algorithm Trading is.

Any Trade generated through automatic execution logic and Arutomatic Platform Interface is to access to the broker platform without any manual log in.

The Algorithm Platforms works when everything's is good but when there are sudden destruction'scthen it all goes haywire.

And most traders don't knew the risks. And as the regulator is not insterted. This lack of regulation is high risk for those retail inveatir who have no knowledge of the Financial market's.

The SEBI is again aging with the peoples money.

 

[angryIndian]

Reaching where china is today where the per capita income will be around 10k will be a success in my opinion at that point we will be the third largest economy and people will live rather lavish livestyles

I sorry what you just wrote is called "mungrilal ke haseen sapne".

lavish lifestyle Really ?

Do you think in a country whose population still struggles with 19th century issues like water,sanitation,nutrition,basic healthcare will all of a sudden become a prosperous country in 15-20 years.The kind of living standards that is prevalent over India can only be found in countries that form the bulk of the bottom 25% quartile.Therefore It would be a massive achievement even if we achieve a living standard anywhere closer to Mexico,Peru.

Becoming the 3rd largest economy is not an achievement especially when you have a continental size population. Being the elephant in the house is not an achievement when the rest of the competitors are pygmies. Ireland with the population of just 45 lakh can produce an economy of 500 billion USD which is bigger than Maharastra.

As for per capita income,According to Centre for Economics and Business Research,India will only manage to achieve a per capita income of $7,000 by 2035 and a GDP of just over 9 trillion.
Which means India will continue to remain below world average,almost 6 times poorer than China,2.5 times poorer than Turkey,Mexico and Vietnam.

 

[sauntheninja]

I sorry what you just wrote is called "mungrilal ke haseen sapne".

lavish lifestyle Really ?

Do you think in a country whose population still struggles with 19th century issues like water,sanitation,nutrition,basic healthcare will all of a sudden become a prosperous country in 15-20 years.The kind of living standards that is prevalent over India can only be found in countries that form the bulk of the bottom 25% quartile.Therefore It would be a massive achievement even if we achieve a living standard anywhere closer to Mexico,Peru.

Becoming the 3rd largest economy is not an achievement especially when you have a continental size population. Being the elephant in the house is not an achievement when the rest of the competitors are pygmies. Ireland with the population of just 45 lakh can produce an economy of 500 billion USD which is bigger than Maharastra.

As for per capita income,According to Centre for Economics and Business Research,India will only manage to achieve a per capita income of $7,000 by 2035 and a GDP of just over 9 trillion.
Which means India will continue to remain below world average,almost 6 times poorer than China,2.5 times poorer than Turkey,Mexico and Vietnam.

Even China will find it hard to reach the per capita levels of western countries not to mention they have a demographic nightmare coming up and Mexico by world bank has the per capita income of 8,346.7 and the world average seems to be around 10k but its still a heck lot better than our current per capita income

 

[Haldilal]

Ya'll Nibbiars Software Exports by states lead by state Karnatak, Maharshtra, Telegana and Tamil Nadu.

Exports from STPI Registered Units In The Past 10 Years (Rs. In Crores)
Name of the State	2010-11	2011-12	2012-13	2013-14	2014-15	2015-16	2016-17	2017-18	2018-19	2019-20
Andhra Pradesh	28674.57	28948.00	34492.00	36752.95	379.54	477.90	526.69	702.29	730.64	846.77
Assam	10.00	6.58	0.92	0.88	1.35	0.18	10.50	21.09	20.06	22.27
Bihar	--	17.00	8.14	9.70	10.63	7.25	4.65	0.03	0.03	--
Chandigarh	413.90	492.76	405.10	558.49	519.89	700.79	758.82	668.27	490.81	573.49
Chhattisgarh	4.58	8.58	12.29	17.48	18.63	23.29	36.79	36.75	63.03	86.77
Delhi	1541.20	3604.39	1461.51	1173.02	2217.90	1442.30	1483.60	1662.82	2363.45	1861.34
Goa	--	--	--	77.00	94.59	117.17	85.13	82.79	79.66	136.21
Gujarat	1250.99	1116.05	982.40	1442.48	1917.80	2224.60	2363.50	2681.14	3101.06	3570.80
Haryana	13650.75	13506.81	15363.69	18327.40	17858.00	19265.00	20874.00	22182.85	24220.32	25478.77
Himachal Pradesh	0.90	0.87	6.28	4.67	8.35	5.16	6.97	7.58	5.82	5.13
Jammu & Kashmir	0.80	0.76	1.41	2.18	2.45	3.35	3.58	3.92	5.30	6.24
Jharkhand	2.10	6.26	7.04	8.66	7.00	49.16	2.00	6.64	11.57	14.24
Karnataka	70240.93	82110.00	95048.25	103720.16	109798.00	125419.00	141846.00	152280.16	169699.08	194473.38
Kerala	2071.67	1982.64	2240.70	2665.12	2867.80	3008.90	3534.50	3296.56	3901.88	3620.47
Madhya Pradesh	246.89	237.23	244.54	301.99	343.38	355.00	516.18	613.82	786.95	756.72
Maharashtra	49873.78	46262.90	49796.30	55419.79	61314.00	64064.00	69010.00	74580.15	85595.37	91513.90
Meghalaya	1.64	2.24	2.59	2.84	4.21	6.31	7.70	8.62	14.74	15.00
Odisha	1253.29	1410.00	1702.43	1919.09	1940.00	2179.70	2493.40	2503.88	2510.40	2496.33
Puducherry	110.25	118.20	117.20	120.00	153.26	182.55	239.21	253.01	252.70	125.07
Punjab	438.43	351.04	505.21	340.38	336.34	324.83	369.93	420.54	588.76	558.83
Rajasthan	491.65	493.63	637.76	664.06	712.27	803.97	997.32	989.22	1255.85	1211.87
Sikkim	--	--	--	--	--	--	38.29	19.20	22.31	19.43
Tamil Nadu	28289.75	29081.80	29182.80	29880.20	33276.00	33905.00	34563.00	36848.70	40457.08	45570.77
Telangana	--	--	--	--	39186.00	41480.00	46429.00	50795.82	57527.45	64525.90
Uttar Pradesh	10944.75	44.92	13194.68	13352.66	13740.00	16451.00	17237.00	18508.46	20098.88	22118.66
Uttarakhand	86.32	10989.39	54.54	69.27	74.67	82.57	89.88	130.42	150.10	137.85
West Bengal	5665.00	5920.00	6030.00	6482.22	7015.00	6990.00	7152.00	6683.00	7150.00	7180.13
Total	215264.14	226712.05	251497.78	309716.87	293796.50	319568.97	350679.70	375987.73	421103.30	466926.35