Indian Economy: News and Discussion

thebakofbakchod

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Ya'll Nibbiars The Realized Industrial Investment by states in the last 5 years.

Sr No. State No. of Projects The Investment Amount

1 . Maharashtra 12,000, 39,87,000 crore rupees.

2 . Gujarat 6,700, 23,00,000 crore rupees.

3 . Andhra Pardesh 3,800, 17,50,000 crore Rupees.

4 . Karnataka 7,300, 15,00,000 crore rupees.

5 . Tamil Nadu 4,800 14,00,000 crore rupees.

6 . Telagana 4,000 11,00,000 crore rupees.

7 . Uttar Pardesh 6,400 10,95,000 crore rupees.

8 . West Bengal 4,000 10,90,000 crore rupees.

9 . Madhya Pardesh 4,800 10,50,000 crore rupees.

10 . Rajasthan 3,700 9,60,000 crore rupees.

11 . Haryana 3,000 9,00,000 crore rupees.

12 . Odisha 4,000 7,50,000 crore rupees.

13 . Chattishgarh 3,000 6,00,000 crore rupees.

14 . Delhi 3,000 5,00,000 crore rupees.

15 . Assam 2,400 48,000 crore rupees.

16 . Uttarakhand 2,400 45,000 crore rupees.

17 . Punjab 2,300 44,000 crore rupees.

18 . Goa 1,500 42,000 crore rupees.

19 . Jharkhand 3,000 39,000 crore rupees.

20 . Kerala 2,400 37,500 crore rupees.

21 . Himachal Pardesh 1,300 35,000 rupees.

22 . Jammu and Kashmir 1,700 33,000 rupees.

23 . Bihar 3,300 30,000 crore rupees.

24 . Tripura 1,200 24,000 crore rupees.

25 . Sikkim 700 16,000 crore rupees.

26 . Manipur 300 20,000 crore rupees.

27 . Dadar and Nagar haveli 290 19,000 rupees.

28 . Meghlaya 280 19,000 crore rupees.

29 . Nagaland 270 18,000 crore rupees.

30 . Mizoram 240 16,000 crore rupees.

31 . Anuanchal Pardesh 500 15,000 crore rupees.

32 . Pondicherry 700 14,000 crore rupees.

33 . Chandigarh 400 13,500 crore rupees.

34 . Ladakh 215 13,000 crore rupees.

35 . Andaman and Nicobar 200 11,000 crore rupees.

36 . Diu and Daman 130 7,500 crore rupees.

37 . Lakshdweep 44 4,000 crore rupees
Embarrasingly low amount. No wonder India's industrial growth has more or less completely stalled in the last decade and the manufacturing % of GDP keeps decreasing. States like MP and Bihar have ~ 100 million people each, and have only received ~$3 billion industrial investment each year. UP is even worse. All the chestthumping over yogi and the industrial investment % of GDP is not even 5%
 

Haldilal

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Embarrasingly low amount. No wonder India's industrial growth has more or less completely stalled in the last decade and the manufacturing % of GDP keeps decreasing. States like MP and Bihar have ~ 100 million people each, and have only received ~$3 billion industrial investment each year. UP is even worse. All the chestthumping over yogi and the industrial investment % of GDP is not even 5%
Ya'll Nibbiars most of the Industrial Invetsments in the UP are small in the range of 10 to 100 crores. And yeah Bihar has realized just 50 billion dollars of Investment even less than the goa. I was suprised to find goa got 4,20,000 crores in investment. and after all goa has large mining industry where labours from all the state works. but this is still hugh.
 

thebakofbakchod

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Ya'll Nibbiars most of the Industrial Invetsments in the UP are small in the range of 10 to 100 crores. And yeah Bihar has realized just 50 billion dollars of Investment even less than the goa. I was suprised to find goa got 4,20,000 crores in investment. and after all goa has large mining industry where labours from all the state works. but this is still hugh.
Yall nibbiars, i think you are misreading your own list. Bihar's investment is 30000 crores, which is $5 billion ($4 billion in todays excahnge). Goa is 42000 crores, not 4.2 lk cr
 

Haldilal

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Ya'll Nibbiars The Realized Industrial Investment by states in the last few years.

Sr No. State No. of Projects The Investment Amount

1 . Maharashtra 12,000, 39,87,000 crore rupees.

2 . Gujarat 6,700, 23,00,000 crore rupees.

3 . Andhra Pradesh 3,800, 17,50,000 crore Rupees.

4 . Karnataka 7,300, 15,00,000 crore rupees.

5 . Tamil Nadu 4,800 14,00,000 crore rupees.

6 . Telangana 4,000 11,00,000 crore rupees.

7 . Uttar Pradesh 6,400 10,95,000 crore rupees.

8 . West Bengal 4,000 10,90,000 crore rupees.

9 . Madhya Pradesh 4,800 10,50,000 crore rupees.

10 . Rajasthan 3,700 9,60,000 crore rupees.

11 . Haryana 3,000 9,00,000 crore rupees.

12 . Odisha 4,000 7,50,000 crore rupees.

13 . Chhattisgarh 3,000 6,00,000 crore rupees.

14 . Delhi 3,000 5,00,000 crore rupees.

15 . Assam 2,400 4,80,000 crore rupees.

16 . Uttarakhand 2,400 4,50,000 crore rupees.

17 . Punjab 2,300 4,40,000 crore rupees.

18 . Goa 1,500 4,20,000 crore rupees.

19 . Jharkhand 3,000 3,90,000 crore rupees.

20 . Kerala 2,400 3,75,000 crore rupees.

21 . Himachal Pradesh 1,300 3,50,000 rupees.

22 . Jammu and Kashmir 1,700 3,30,000 rupees.

23 . Bihar 3,300 3,00,000 crore rupees.

24 . Tripura 1,200 1,20,000 crore rupees.

25 . Sikkim 700 1,06,000 crore rupees.

26 . Manipur 300 80,000 crore rupees.

27 . Dadar and Nagar haveli 290 68,000 rupees.

28 . Meghalaya 280 64,000 crore rupees.

29 . Nagaland 270 58,000 crore rupees.

30 . Mizoram 240 48,000 crore rupees.

31 . Arunachal Pradesh 500 29,000 crore rupees.

32 . Pondicherry 700 28,000 crore rupees.

33 . Chandigarh 400 13,500 crore rupees.

34 . Ladakh 215 13,000 crore rupees.

35 . Andaman and Nicobar 200 11,000 crore rupees.

36 . Diu and Daman 130 7,500 crore rupees.

37 . Lakshadweep 44 4,000 crore rupees
Correction

Goa 405 45,000 crores.

Sikkim 150 59.000 crores.

Mizoram 190 40,000 Crores.
 

Haldilal

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Ya'll Nibbiars Nashik and Ch. Sambhaji Nagar and Thane to get Metro Systems with two routes in each systems. The Teneders will be out soon.

The survey for the Kolhapur, Solapur, Nanded Metro is planned to be taken soon.
 

FalconSlayers

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Ya'll Nibbiars Nashik and Ch. Sambhaji Nagar and Thane to get Metro Systems with two routes in each systems. The Teneders will be out soon.

The survey for the Kolhapur, Solapur, Nanded Metro is planned to be taken soon.
Metro (MRTS) or Metrolite (LRTS) and Metrobus (BRTS)?
 

Haldilal

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Metro (MRTS) or Metrolite (LRTS) and Metrobus (BRTS)?
Ya'll Nibbiars For Thane and Aurangabad Medium Capacity Metro, and for Nasik Neo was planned but its been also changed to the Medium Capacity Metro. and for others no details available. but the Neo has fallen out of Favours.
 

Hari Sud

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Indian Auto industry in comparison with China


Auto industry is major driver of economy for any country. Not just car assembly but other small supply chain industries contribute heavily to GDP and create employment.

Total car sales in India for the year 2021 was at 3.8 million unites while in China it was 27 million units in 2021. Although we have similar number of population and roughly 2 times smaller PPP GDP still the size of automobile industry is around 7 times smaller.

India is 141 in the list of 189 counties when it comes to per capita car ownership. Unfortunately we are behind in terms of car ownership compared to African countries, Nepal and even bankrupt states like Sri Lanka.

In recent years auto industry in India has picked up pace but still there is lot of room for improvement. China that is no 1 auto industry in the world is far ahead of India in this regard.


China's success


This is mostly because of China's government supporting car ownership by various means. This includes tax breaks, world-class road infrastructure, consumer incentive programs, etc. Even banks in China give car loans at less than 4 percentage points, thus making car purchase affordable to more and more people. Even fuel is cheaper in China compared to India.

This booming consumer driven auto industry is helping China's GDP numbers and also it is helping other industries that depend on auto industry such as steel industry. Fun fact: Do you know China produces more steel than rest of the world combined?


Where India is lacking


In india things are opposite. Central and local governments put heavy taxes on cars, bank loans are expansive at 8 percentage points (double than that in China). On top of this add congress era idiotic 4 meter car tax law that has handicapped many car manufacturers and ofcourse the horrible state of roads and parking infrastructure in India being a major obstacle for car buyers. Gov has made fuel taxes as their money making cash cow thus hurting car sales in process.

Gov in India behaves as if Car ownership is some luxury and therefore must be discouraged. We are following European model. This is hurting our economy and industry. Auto industry contributes towards 50 percentage of all manufacturing output and 7.5 percentage of total GDP number in India. By incentivising this sector alone we can increase our industrial output and GDP by a good margin. But we aren't doing it.


Effects on GDP


GDP of China is dependent on 3 things. Real estate sector, Massive construction of public infrastructure, Auto industry. Unlike popular knowledge export industry helps China strengthen their currency and increase forex reserves but it is not a major driver of GDP in China.

In India our real estate sector is full of black money investments, infrastructure spending is somewhat increased under BJP but it is still far behind compared to India's size and auto industry is treated like a step child. And people wonder why our economy is growing so slow.
With so many cars produced and practically empty housing projects; where are these cars operating. If in the cities, then there must by traffic jams and pollution. The housing boom in China has busted, hence where to the public is driving these cars. There is something wrong in the statistics.
 

dfcool

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can you believe we have "diversity dept" in some IITs

instead of focusing on R&D, innovation, patents, our IITs are focusing on diversity and wasting tax payer money



Inaugural Talk by pro-left SC:

Result:
1575050031471595520.jpg
 
Last edited:

Lonewolf

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can you believe we have "diversity dept" in some IITs

instead of focusing on R&D, innovation, patents, our IITs are focusing on diversity and wasting tax payer money



Inaugural Talk by pro-left SC:

Result:
View attachment 173497
It's a specific iit Delhi thing , rest iit are not at all woke , you can't imagine the chadness level , few are wokes but we crush them daily
 

dfcool

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It's a specific iit Delhi thing , rest iit are not at all woke , you can't imagine the chadness level , few are wokes but we crush them daily
half true.

IITD has official woke dept, there are other IITs with woke student circles and organize this bull shit.

15 yrs ago there was no woke dept in US, now look at their universities. US companies have large influence on IIT placements. What if they say themselves no diversity dept, no placements.

you can imagine future. This just started couple of yrs ago in india, It will only grow more.

Have seen many LGBTQ US officials visit indian academia.☹
 

Abdus Salem killed

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can you believe we have "diversity dept" in some IITs

instead of focusing on R&D, innovation, patents, our IITs are focusing on diversity and wasting tax payer money



Inaugural Talk by pro-left SC:

Result:
View attachment 173497
The actual fk this is unreal
 

SKC

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It's a specific iit Delhi thing , rest iit are not at all woke , you can't imagine the chadness level , few are wokes but we crush them daily
Check the IIT-IIM forum on Facebook. Full of Wokes and librandus.

They celebrated the marriage of Hindu Girl (high position in Urban company) with a M guy and termed it as the most important wedding in India. Like if the marriage of Hindu among themselves mean nothing for them.
 

Lonewolf

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Check the IIT-IIM forum on Facebook. Full of Wokes and librandus.

They celebrated the marriage of Hindu Girl (high position in Urban company) with a M guy and termed it as the most important wedding in India. Like if the marriage of Hindu among themselves mean nothing for them.
You know that those forums are mostly unknown to our community , and will a guy living here and interacting daily will tell the real thing or some internet warrior
 

Lonewolf

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half true.

IITD has official woke dept, there are other IITs with woke student circles and organize this bull shit.

15 yrs ago there was no woke dept in US, now look at their universities. US companies have large influence on IIT placements. What if they say themselves no diversity dept, no placements.

you can imagine future. This just started couple of yrs ago in india, It will only grow more.

Have seen many LGBTQ US officials visit indian academia.☹
Okk dude ,you iitian ?? People think of LGBTQ as normal but not like those ugly creatures and all those filth , kind of like treated in Hinduism ,i know a lot of wokes here , but know many more Chad hindus , you should start drawing line between LGBTQ supporters and wokes , or we will be no different when it comes to debates
 

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