Indian Economy: News and Discussion

Crazywithmath

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With our population now officially below replacement levels every year is going to add more and more old people into our workforce.
NFHS is a mere sample survey. For India to cross TFR officially census needs to confirm that first; UNICEF puts India's TFR at around 2.2.

This leaves us with 2-3 decades before our population starts falling rapidly. While the chinese have already escaped the middle income trap to begin their journey towards a high end manufacturing economy India has been unable to attract a lot of the manufacturing here with Vietnam beating us by a significant margin.
Except that Vietnam has TFR well below 2 (close to 1.9 iirc) and is one of the fastest aging nations in the world. Not to mention that mere screwdrivergiri like them won't work in India. I am not downplaying their achievement though; it is just that you do not compare India with them. Trade war helped them and to their credit they fully capitalized on that. Components cross the sino-Vietnam border multiple times before finally getting assembled in Vietnam; you cannot do that here. These stupid comparisons between Asian economies were initiated by Gloomberg idiots ( as if the entire continent is a monolith ); who do not know jackshit about emerging economies. Let us not over hype things.

Rather than a decrease in agriculture sector's contribution to the economy there has been a increase over the past year which is the exact opposite of a manufacturing economy.
Not aware of the data but (assuming it to be true) a single disruptive year (amidst a pandemic) is not enough to discard a secular time series trend which (going by prevailing situation), if anything, is nearing the crucial Lewis turning point; thereby accelerating the trend,
1637318875153.png


India will be need a range of extensive reforms if we wish to have a growth rate of at least 9%. With consumer spending still not picking up and base effect residing our GDP growth is once again falling in the 6-7% bracket.

Our inflation rate is at 5.6% right now matching some of the developed countries.

Major reforms in labor and land sectors more money in the hand of consumers disinvestment lower inflation along with massive investments in low end manufacturing is the need of the hour.
Inflation is well within the tolerance level as of now.
Again, a single month is not enough to project a future time series.
 
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Haldilal

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Not according to WB definition
Ya'll Nibbiars different organizations have different levels.

And don't forget in 10 years even the world bank definition will increase then.
 

Crazywithmath

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Some more pussyfooting and saving its own ass in the name of court orders, by the government?

First the DoT imposes a stupid rule,
Then they defend the stupid rule in the Court
Then the Court gives a <no contempt case against me> judgement
Then Govt realises that their own PSUs too get affected- a provision they argued in the court to be a part of the 'finer print' of the contract
And now, the Govt files for a review petition against the judgement that supposedly came in their favour?
And all this happening while the excruciating clock of interest and penalty on AGR dues is running?
Like I said- Congi Corruption, Terrified Babudom, Incompetent jurisprudence, Cuckold BJP- too little too late firefighting. The decent thing should have been to withdraw the petition and settle the dispute- Government has been fighting for the money which it never should have earned
images (1).jpeg
 

FalconSlayers

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1) Realty major Hiranandani Group and US-based private equity firm Blackstone Group’s joint venture, GreenBase, is planning to invest over 3,000 crores to develop industrial, logistics and warehousing parks across key cities in India.



2) The manufacturing facility owned by Saera Electric Auto was previously used for manufacturing two-wheelers for Harley Davidson in India A few months ago LML announced its comeback to the Indian two-wheeler market by venturing into the electric mobility space.


3) The Heavy Engineering arm of Larsen and Toubro (L&T) dispatched six of the World’s largest Coke Drums weighing 658 tonnes each for a refinery project in Mexico ordered by PTI Infraestructura de Desarrollo, (PTI-ID), a subsidiary of the Mexico’s state-owned oil company PEMEX (Petróleos Mexicanos), the company said in a statement on Thursday (20 January).


4) In a major boost in the Mumbai Ahmedabad bullet train project, a contract for Track Package of Mumbai–Ahmedabad High Speed Rail Corridor was signed on January 21st in New Delhi.


5) Jio Platforms (JPL) has signed a pact with the University of Oulu, Finland, for undertaking research and standardization related activities in 6G technology.

 

sauntheninja

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Well done Well done Well done let netflix best bankrupted.:rofl: :rofl: :rofl: :rofl: :rofl:

Netflix just dosen't produce good enough indian content worth subscribing for look at the other ott platforms.
1-Sony Liv-Has so many high quality indian shows and none have been controversial
2-Hotstar - It has cricket enough said
3-Prime Video - While prime may be good enough using a prime subscription you get access to discounts and free delivery
4-Netflix- It appeals only to metro kids
 

asaffronladoftherisingsun

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Netflix just dosen't produce good enough indian content worth subscribing for look at the other ott platforms.
1-Sony Liv-Has so many high quality indian shows and none have been controversial
2-Hotstar - It has cricket enough said
3-Prime Video - While prime may be good enough using a prime subscription you get access to discounts and free delivery
4-Netflix- It appeals only to metro kids
Coomers were very busy with this shiet.

 

angryIndian

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Labour unions have no or very less power now. All are old. It will be helpful if bjp increases youth engagement. They are losing interest from bjp
Labour Unions still dominate in major PSU's.I have faced their wrath .😁
One thing to remember here is that Labour unions are inherently not bad,they become one when they align themselves with political parties.Without these unions,many of these companies will exploit their employees to death.
 

LondonParisTokyo

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1) Realty major Hiranandani Group and US-based private equity firm Blackstone Group’s joint venture, GreenBase, is planning to invest over 3,000 crores to develop industrial, logistics and warehousing parks across key cities in India.



2) The manufacturing facility owned by Saera Electric Auto was previously used for manufacturing two-wheelers for Harley Davidson in India A few months ago LML announced its comeback to the Indian two-wheeler market by venturing into the electric mobility space.


3) The Heavy Engineering arm of Larsen and Toubro (L&T) dispatched six of the World’s largest Coke Drums weighing 658 tonnes each for a refinery project in Mexico ordered by PTI Infraestructura de Desarrollo, (PTI-ID), a subsidiary of the Mexico’s state-owned oil company PEMEX (Petróleos Mexicanos), the company said in a statement on Thursday (20 January).


4) In a major boost in the Mumbai Ahmedabad bullet train project, a contract for Track Package of Mumbai–Ahmedabad High Speed Rail Corridor was signed on January 21st in New Delhi.


5) Jio Platforms (JPL) has signed a pact with the University of Oulu, Finland, for undertaking research and standardization related activities in 6G technology.

Getting tied up with Blackstone is the worst thing for any organization to do. Blackstone is the most dangerous organization on the planet and the mechanism, the vehicle by which the Davos group will unfurl the Great Reset. If India goes through with this, you will all be enslaved.
 

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