Indian Economy: News and Discussion

Haldilal

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Why not Sanpada , halde ?
Ya'll Nibbiars that I located in Jui Nagar. There they have 130 acres of land. That they are developing into high tech industrial, IT, WTC, Office, Retail, Residental developments.
 
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blackleaf

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Comparing two political entities simply based on GDP or even Per Capita income is inherently faulty.

One has to look at the whole range of spectrum before making a judgement.

Some mineral rich african countries have disproportional GDP as well as GDP per capita( eg Equatorial Guinea,Angola,Nigeria) but most of their population are impoverished.And there are countries with low per capita income(eg Kyrgyzstan) with very low levels of poverty.

Here is what matters the most......

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View attachment 122724View attachment 122725

Last But not the least

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Sri Lanka should be compared to southern Indian states that have a more similar history, culture and geography which is basically only Kerala and Tamil Nadu. In the same way West Bengal should be compared to Bangladesh and Pakistan Punjab to Punjab. Sri Lanka is more developed than India for the same reason that Kerala is more developed than UP. The southern Indian Subcontinent never suffered the horrors of the Turkic invasions.
 

angryIndian

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Sri Lanka should be compared to southern Indian states that have a more similar history, culture and geography which is basically only Kerala and Tamil Nadu. In the same way West Bengal should be compared to Bangladesh and Pakistan Punjab to Punjab. Sri Lanka is more developed than India for the same reason that Kerala is more developed than UP. The southern Indian Subcontinent never suffered the horrors of the Turkic invasions.
What has that medieval thing got to do with modern day socio economic problems ?

What has turkic invasion got to do with building a sewerage line ? or ensuring children don't end up malnourished ? or the people have access to clean drinking water ?
 

Tshering22

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That means nothing as they retain their access to India with OCI cards. OCIs allow NRIs to work just like locals. The only difference is that they can't buy agricultural land and can't participate in elections.
 

blackleaf

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What has that medieval thing got to do with modern day socio economic problems ?
south
What has turkic invasion got to do with building a sewerage line ? or ensuring children don't end up malnourished ? or the people have access to clean drinking water ?
The Hindi heartland has been poorer and less developed that the south for hundreds of years because they have a different history. The southern hindu kingdoms did a much better job of reducing of poverty and improving human development than the Turkic ruled states in the north. Also Sri Lanka was already richer and more developed than India as whole at independence. It had a literacy rate of more than 50% which was greater than even Kerala and much more than the 18% literacy that India had. If you looked at other factors of human development you would probably find that the gap has narrowed as an absolute percentage since independence.
 
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ezsasa

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The Hindi heartland has been poorer and less developed that the south for hundreds of years because they have a different history. The southern hindu kingdoms did a much better job of reducing of poverty and improving human development than the Turkic ruled states in the north. Also Sri Lanka was already richer and more developed than India as whole at independence. It had a literacy rate of more than 50% which was greater than even Kerala and much more than the 18% literacy that India had. If you looked at other factors of human development you would probably find that the gap has narrowed as an absolute percentage since independence.
you have some academic paper in mind that can back these assertions?
 

Crazywithmath

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Sri Lanka should be compared to southern Indian states that have a more similar history, culture and geography which is basically only Kerala and Tamil Nadu. In the same way West Bengal should be compared to Bangladesh and Pakistan Punjab to Punjab. Sri Lanka is more developed than India for the same reason that Kerala is more developed than UP. The southern Indian Subcontinent never suffered the horrors of the Turkic invasions.
Sri Lanka is a completely gone case like pakis. A nation just cannot survive on debts and bailouts; howsoever small its economy might be. Today begging to India, tomorrow china and finally to the IMF. They do not produce anything meaningful to grow their economy nor they can fudge their data like Bangladeshi BBS (such is the extent of the crisis). They are bound to be stuck in a never ending middle income trap (towards the absolute lower end of that income band).
 

Abdus Salem killed

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Sri Lanka is a completely gone case like pakis. A nation just cannot survive on debts and bailouts; howsoever small its economy might be. Today begging to India, tomorrow china and finally to the IMF. They do not produce anything meaningful to grow their economy nor they can fudge their data like Bangladeshi BBS (such is the extent of the crisis). They are bound to be stuck in a never ending middle income trap (towards the absolute lower end of that income band).
Any comments on turkey
 

blackleaf

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Sri Lanka is a completely gone case like pakis. A nation just cannot survive on debts and bailouts; howsoever small its economy might be. Today begging to India, tomorrow china and finally to the IMF. They do not produce anything meaningful to grow their economy nor they can fudge their data like Bangladeshi BBS (such is the extent of the crisis). They are bound to be stuck in a never ending middle income trap (towards the absolute lower end of that income band).
Yes they are basically bankrupt now. On the way to becoming a south asian Venezuela. But they started off richer and more developed than India. India is likely to have a higher gdp per capita than Sri Lanka within the next decade.
 

ezsasa

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The study on Kerala was posted on this very thread. I don't remember the exact details though, @gslv markIII , @Hariharan_kalarikkal would know better. Most of the claims made by @blackleaf are indeed true here.
it’s not the south part I have doubts on, it’s the revenues of the northern principalities I wanted to enquire on.

Kerala had their spice trade and ports, Tamil Nadu had their Cauvery delta and ports, nizam had his diamond mines and rich Godavari and Krishna delta. had checked British revenue records of that time many years back, have a rough idea.

It’s the north I have no idea on, never bothered to check.
 

Tactical Doge

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The Hindi heartland has been poorer and less developed that the south for hundreds of years because they have a different history. The southern hindu kingdoms did a much better job of reducing of poverty and improving human development than the Turkic ruled states in the north. Also Sri Lanka was already richer and more developed than India as whole at independence. It had a literacy rate of more than 50% which was greater than even Kerala and much more than the 18% literacy that India had. If you looked at other factors of human development you would probably find that the gap has narrowed as an absolute percentage since independence.
Go through this thread
Even at the time of Independence, Kerala was much better off than several other states
Even girls had preliminary education thanks to the very liberal Travancore Dynasty
So liberal that it was one of the Travancore prince that filed a PIL for entry of women into Sabarimala temple, that too bet re independence
you have some academic paper in mind that can back these assertions?
The study on Kerala was posted on this very thread. I don't remember the exact details though, @gslv markIII , @Hariharan_kalarikkal would know better. Most of the claims made by @blackleaf are indeed true here.
it’s not the south part I have doubts on, it’s the revenues of the northern principalities I wanted to enquire on.

Kerala had their spice trade and ports, Tamil Nadu had their Cauvery delta and ports, nizam had his diamond mines and rich Godavari and Krishna delta. had checked British revenue records of that time many years back, have a rough idea.

It’s the north I have no idea on, never bothered to check.
Tamils had not just Fertile lands of Tungabadra Doab, but also the Diamond mines of Golconda, until 16th century the only source of diamonds
Add to that fact that fact that Kerala has never been under muslim rule except a brief stint by Tippu and Madurai Sultanate in Tamil Nadu also didn't have a very long life
 

angryIndian

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The Hindi heartland has been poorer and less developed that the south for hundreds of years because they have a different history. The southern hindu kingdoms did a much better job of reducing of poverty and improving human development than the Turkic ruled states in the north. Also Sri Lanka was already richer and more developed than India as whole at independence. It had a literacy rate of more than 50% which was greater than even Kerala and much more than the 18% literacy that India had.
I am quite sure that there was no turkish invasion in the past 75 years.
And 75 years is more than enough to build some basic infrastructure or set up basic healthcare and education.
I am amused you haven't even blamed the British rule Yet.

There are countries like South Korea which turned from Pauper to developed state in less than 50 years.
There is a China which turned from one of the poorest to a upper middle income country in less than 30 years.

And you are saying that the reason behind Mali and Liberia type living standards even after 75 years of independence is due to 13th and 14th century turkish invasion ?
 

doreamon

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I am quite sure that there was no turkish invasion in the past 75 years.
And 75 years is more than enough to build some basic infrastructure or set up basic healthcare and education.
I am amused you haven't even blamed the British rule Yet.

There are countries like South Korea which turned from Pauper to developed state in less than 50 years.
There is a China which turned from one of the poorest to a upper middle income country in less than 30 years.

And you are saying that the reason behind Mali and Liberia type living standards even after 75 years of independence is due to 13th and 14th century turkish invasion ?
We were fcked by socialism , licence raj , bureaucratic misgovernance , caste politics etc . And excess population in non costal states like UP , Bihar dint help . Central india got fckd due to communist violence . NE already has a rough geography and add conflict to that . Same with respect to kashmir and panjab .
India started living after 1990 only . Liberalization though half hearted is all that was needed to ignite that spirit of people . But still old school left wing politics , foreign supported interest groups , judicial delay , political vested interest delay many developmental projects .

But why are we discussing history . Dont we already knw all these stuff . This thread shd be used for updates nt for mourning on backwardness .. Its nt going to go away by mourning .
 

FalconSlayers

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Tech Mahindra has acquired 100% stake in US based startup Activus Connect, (which provides work-at-home customer experience management solutions,) for $62 million (about ₹466 crore).

 

doreamon

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This one from kochi , kerala going to be tallest IT twin tower of India .


India food processing sector to reach 535 billion $ in 2025-26 from 158 billion . Under PMKSY, 41 Mega Food Parks, 353 Cold Chain projects, 63 Agro-Processing Clusters, 292 Food Processing Units, 63 Creation of Backward & Forward Linkages Projects & 6 Operation Green projects across the country have been approved . In 2014, there were only 2 Mega Food Parks in the country. As of 1 August 2021 there are 22 Mega Food Parks are functioning in the country .

This is the sector where states like UP bihar will score .
 

Knowitall

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Massive infrastructure spree in UP continues. Now work on Ganga expressway is scheduled to start from next month this connecting the entirety of eastern UP with western UP.



Once all the slated work on expressways is completed this is how it will look. (E-way means expressway here)


1638593728591.png


Status of each project:-
1) Yamuna expressway - completed
2) Agra Lucknow expressway - completed
3) Bundelkhand expressway - completed ( Will be inaugurated this month)
4) Ganga expressway - 95% Land acquisition completed construction to start this month
5) Purvanchal expressway - completed
6) Gorakhpur link expressway - 50% of the earthwork and 30% of construction work has been completed.
7) Delhi Meerut expressway - completed
8) Eastern Peripheral expressway - completed
9) Allahabad Bypass Expressway - completed
10) Noida Greater Noida Expressway - completed
11) Delhi Dehradun expressway - under construction

Out of 11 projects 8 have been completed and 3 are under construction. No project is in planning or pending stage.

1638596438458.png


At this point it would not be overstatement to say that UP is on course to be the state with first class road infrastructure and connectivity in India.
 
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