Indian Economy: News and Discussion

sauntheninja

Senior Member
Joined
Dec 16, 2020
Messages
1,173
Likes
2,885
Country flag
on a serious note, the expectations you have cannot be fulfilled by centralised funding either from centre or state. centralised funding is detrimental to adaption to changing economic ground realities. that means, say a curriculum needs to be added or a teacher skill set needs to be improved in a particular city, by the time bureaucratic approvals happen the momentum has passed.

local governments need to have a greater say in public education. It’s not the case that they don’t have a say now, but it’s limited due to limited budgets. this would mean local governments need more revenues, which is not a stage the country is in right now except a municipal corporations. in this world view, you will be talking more about your city government than central govt. this also means you will be paying more local taxes over and above central taxes.

flip side of this approach is what happens in murican cities like Chicago, quality drops quite a bit if there is political instability in the city.
How do other larger countries handle their education countries like US , China , Russia?
 

Bhumihar

Cheeni KLPDhokebaaz
Senior Member
Joined
Jun 5, 2017
Messages
10,587
Likes
43,135
Country flag
Most of India is mentally still in 18th century with their archaic living standards,customs and beliefs
Can u name few of the achari practice other than caste system that keep us down?
An average Indian does not think beyond religion,has no critical thinking,analytical skills or logical reasoning ability and is fit for no other work than manual labour
How does religion impact anything?
Can u site some example as to how religion keeps us backward?
It is very difficult to turn them into skilled workforce,A thing that i witnessed in the 8 years that i worked in companies that i worked in.
How many traning centre do u see around you?
 

ezsasa

Designated Cynic
Mod
Joined
Jul 12, 2014
Messages
22,864
Likes
93,773
Country flag
How do other larger countries handle their education countries like US , China , Russia?
US has a decentralised system for public schooling, school funding is not just local it is ultra local. they have school districts, where tax revenue of that district determines funding of public school in that area. this means poor neighbourhoods have less school funding and rich neighbourhood have more school funding.

Not sure about China and Russia.
 

FalconSlayers

जयेम सं युधि स्पृध:
Senior Member
Joined
Oct 14, 2020
Messages
16,342
Likes
84,665
Country flag

 

Covfefe

Senior Member
Joined
Aug 17, 2021
Messages
2,420
Likes
14,493
Country flag

doreamon

Senior Member
Joined
Mar 24, 2019
Messages
2,960
Likes
14,802
Country flag
Rajan's take on planned Fed tapering in the US

@Crazywithmath @ezsasa @Haldilal @doreamon and others, what are the possible implications for Indian economy? Change in FPI flows?
From wht i understand Usa fed tappering means they are absorbing excess dollars in market . This means value of dollar and corresponding interest rate ll rise . That means less money to invest in emerging market . Because of rise in interest rate people ll invest at home for higher return . And value of rupee with respect to dollars ll depriciate leading to higher import bill and inflation .
But this time fundamentals of India are strong and indian market giving return like no other market in the world and there is a big forex reserve . So lets see wht happens . But many countries which are on brink might be impacted .
 

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
16,617
Likes
55,237
Country flag
Rajan's take on planned Fed tapering in the US

@Crazywithmath @ezsasa @Haldilal @doreamon and others, what are the possible implications for Indian economy? Change in FPI flows?
From wht i understand Usa fed tappering means they are absorbing excess dollars in market . This means value of dollar and corresponding interest rate ll rise . That means less money to invest in emerging market . Because of rise in interest rate people ll invest at home for higher return . And value of rupee with respect to dollars ll depriciate leading to higher import bill and inflation .
But this time fundamentals of India are strong and indian market giving return like no other market in the world and there is a big forex reserve . So lets see wht happens . But many countries which are on brink might be impacted .
Ya'll Nibbiars to slow walk the tightening process, especially given longer-term disinflationary, and But compared to the aftermath of the Global Financial Crisis, there’s one big difference post-pandemic, which is the enormous amount of fiscal spending.
 

angryIndian

Regular Member
Joined
Feb 26, 2013
Messages
303
Likes
648
Country flag
Can u name few of the achari practice other than caste system that keep us down?
caste system alone is a behemoth amongst all the social ills plaguing the country.If it's eradicated,almost 70% india's problems might get mitigated. Then there are plethora of issues varying from region to region.
Communal and ethnic conflict,Cultural practises like Dowry,child marriage,female infanticide.Even surprisingly things like "witchcraft and sorcery" is an endemic social problem that has to be resolved.

How does religion impact anything?
Can u site some example as to how religion keeps us backward?
There is a strong correlation between religiosity and prosperity of a nation.
Barring few outliers,The more religious the nation,the poorer it is and vice versa

1638710644999.png


Religious societies on an average are ultra conservative and close minded, have a boxed thinking rather than out of the box thinking because they are rigid in their belief.They are often are not open to new ideas or ideas that is at odds with their belief.For example you will not often come across religious people who are open to accept Homosexuality,Theory of evolution and plethora of other things despite strong scientific empirical evidence backing it.They will simply parrot it down what their parents told them.

No wonder you often don't see such regressive societies churning out Mark Zukerberbergs,Elon musk or jeff bezos.


How many traning centre do u see around you?
The number of training centers are insufficient.Bsides most of them are not industry relevant and not upto date with latest technology.
Besides many of them are very sketchy,they are more of a diploma mill than a training institute.

I can count only ten training centers which are world class and all of them are under Ministry of Micro, Small and Medium Enterprises.
 

Fritz

New Member
Joined
Oct 16, 2021
Messages
7
Likes
41
Country flag
Unfortunately India's learning model has been make mistake,supplant it with even biggest mistake and end up with a massive cesspit.The question now is,Is India doing anything to ensure that no further mistakes are being made ?

You cannot become the next China simply by wishful thinking and building industries or infrastructure projects here and there.It has to be backed by a strong educated and a healthy workforce.

Unfortunately there is a huge variance between India's dreams and ground reality.

Most of India is mentally still in 18th century with their archaic living standards,customs and beliefs.
An average Indian does not think beyond religion,has no critical thinking,analytical skills or logical reasoning ability and is fit for no other work than manual labour.It is very difficult to turn them into skilled workforce,A thing that i witnessed in the 8 years that i worked in companies that i worked in.

We need nothing less than a Great Leap Forward at least in our Culture and Education system.
Another average self loathing commie from Bengal. India was fcked because of socialism and socialism only. There is no other reason. The rest of the bullshit .... well, expected from someone who considers Sri Lanka, of all, to be some sort of la la land with astronomically high economic potential and living standards, lulz. India's demographic dividend and incremental reform and opening of market forces will alone ensure relative high growth for another 25-30 years; vary few emerging economy can offer that. And if you do not have any sort of meaningful data to support your bullshit then do not bother writing that in the first place (your own experience does not count). These commies have astronomically high expectations from an economy that started opening its economy barely 30 years ago (even ASEAN nations did it early) and on top of that .... comparing with Sri Lanka ......
 

Coalmine

Senior Member
Joined
Jan 14, 2013
Messages
2,000
Likes
4,783
Country flag
caste system alone is a behemoth amongst all the social ills plaguing the country.If it's eradicated,almost 70% india's problems might get mitigated. Then there are plethora of issues varying from region to region.
Communal and ethnic conflict,Cultural practises like Dowry,child marriage,female infanticide.Even surprisingly things like "witchcraft and sorcery" is an endemic social problem that has to be resolved.



There is a strong correlation between religiosity and prosperity of a nation.
Barring few outliers,The more religious the nation,the poorer it is and vice versa

View attachment 123305

Religious societies on an average are ultra conservative and close minded, have a boxed thinking rather than out of the box thinking because they are rigid in their belief.They are often are not open to new ideas or ideas that is at odds with their belief.For example you will not often come across religious people who are open to accept Homosexuality,Theory of evolution and plethora of other things despite strong scientific empirical evidence backing it.They will simply parrot it down what their parents told them.

No wonder you often don't see such regressive societies churning out Mark Zukerberbergs,Elon musk or jeff bezos.




The number of training centers are insufficient.Bsides most of them are not industry relevant and not upto date with latest technology.
Besides many of them are very sketchy,they are more of a diploma mill than a training institute.

I can count only ten training centers which are world class and all of them are under Ministry of Micro, Small and Medium Enterprises.
Whats the problem with caste system. Other than not allowing inter caste marriage , how its hampering the people?. Is any brahmin going to shudra house and abusing him. I wonder if you live in India.
 

Covfefe

Senior Member
Joined
Aug 17, 2021
Messages
2,420
Likes
14,493
Country flag
Whats the problem with caste system. Other than not allowing inter caste marriage , how its hampering the people?. Is any brahmin going to shudra house and abusing him. I wonder if you live in India.
Mental blockage. It is a non-essential subgrouping that has never contributed in any positive sense towards the nation, the religion itself, or humanity at large.
 

Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
Senior Member
Joined
Aug 10, 2020
Messages
16,617
Likes
55,237
Country flag
Mental blockage. It is a non-essential subgrouping that has never contributed in any positive sense towards the nation, the religion itself, or humanity at large.
Ya'll Nibbiars don't confuse the British dictated cast system and Indic Varna system they both are not the same.
 

Covfefe

Senior Member
Joined
Aug 17, 2021
Messages
2,420
Likes
14,493
Country flag
Ya'll Nibbiars don't confuse the British dictated cast system and Indic Varna system they both are not the same.
Don't blame the British for our own rot. Indic Varna system was dead within a few centuries of its inception. The caste system has been prevalent ever since.
OT for this thread
 

Bhumihar

Cheeni KLPDhokebaaz
Senior Member
Joined
Jun 5, 2017
Messages
10,587
Likes
43,135
Country flag
caste system alone is a behemoth amongst all the social ills plaguing the country.If it's eradicated,almost 70% india's problems might get mitigated. Then there are plethora of issues varying from region to region.
Communal and ethnic conflict,Cultural practises like Dowry,child marriage,female infanticide.Even surprisingly things like "witchcraft and sorcery" is an endemic social problem that has to be resolved
All parts and parcel of living in a democracy, these problems can't be solved through democratic process practically.
There is a strong correlation between religiosity and prosperity of a nation.
This is an opinion and not a fact, a very retarded opinion, there is no logical rigidity in your argument. US was very religious until very recently same for evey Zooropeans countries, mainstream atheism is a modern phenomenon.
Barring few outliers,The more religious the nation,the poorer it is and vice versa
No logical rigidity in the statement.
Religious societies on an average are ultra conservative and close minded, have a boxed thinking rather than out of the box thinking because they are rigid in their belief.
Religion is not economics and hence there is no co relation between them.
There is no empirical logic that proves religiou and out of the box thinking is co related.
They are often are not open to new ideas or ideas that is at odds with their belief.
What economic or business idea is against our religion habits (Other than Food)
For example you will not often come across religious people who are open to accept Homosexuality
More ass fucking = More money ?
What is the logic here, are u saying our economy is going down because we aren't selling enough ass rape dildos?
Theory of evolution and plethora of other things despite strong scientific empirical evidence backing it
No mainstream Hindu sect opposes theory of evolution. Besides theory of evolution has no impact on business and economy.
They will simply parrot it down what their parents told them
Our parents never discourage us from making money, what are u even talking about?
No wonder you often don't see such regressive societies churning out Mark Zukerberbergs,Elon musk or jeff bezos.
These people are product of a capitalist, meritorious society.
It's not like we don't have such people we don't have the resources and situation at hand.


Your argument about religion has no solid base.

I will like to see your opinion further.
 

Latest Replies

Global Defence

New threads

Articles

Top