Indian Economy: News and Discussion

[Crazywithmath]

Making Ashoka university which contributes to scientific journals by analyzing the relationship between caste discrimination and the climatic impact from cow methane.

It's okay, Ashoka isn't funded by the govt. We shd worry more about GoI introducing voodoo humanities shit across IIT/NITs to prop up their scores across various global ranking frameworks. Same goes for govt funded master's/PhD programmes across social science disciplines at JNU/AMU/JU etc. They were also planning to fund researches across humanities disciplines through the national research foundation but ultimately relented.

 

[RedHood108]

 

[RedHood108]

To anyone who might be apprehensive about the employment of female in manufacturing sector & how it could impact the family welfare.

Please consider this data.

The change in GDP wrt to the population of UP & Bihar has been the worst. This shows that the condition of these states may not get better any time soon, even if there is relatively high GDP growth.

Women participation in India's workforce has fallen from around 30% 20 years back to now less than 20%. That's 10% less people contributing to the GDP of India.

Where as for kangladesh it has risen to 30% (inverse graph wrt to India). Because of initiatives like the one mentioned above.

I don't think we can achieve the economic property we are looking for if only 50% of our population is contributing to the National GDP.

 

[Atavistic]

Companies registered in 2022-23 (% of total):

Top states:

Maharashtra: 29161 (18.3%)
U.P: 17354 (10.9%)
Delhi: 15598 (9.8%)
Karnataka: 12128 (7.6%)
T.N: 10582 (6.6%)
Telangana: 10245 (6.4%)
Gujarat: 8955 (5.6%)
Haryana: 7569 (4.7%)
Rajasthan: 6028 (3.8%)
Total: 159339

(MoCA)

 

[sauntheninja]

To anyone who might be apprehensive about the employment of female in manufacturing sector & how it could impact the family welfare.

Please consider this data.
View attachment 218972

The change in GDP wrt to the population of UP & Bihar has been the worst. This shows that the condition of these states may not get better any time soon, even if there is relatively high GDP growth.

Women participation in India's workforce has fallen from around 30% 20 years back to now less than 20%. That's 10% less people contributing to the GDP of India.

Where as for kangladesh it has risen to 30% (inverse graph wrt to India). Because of initiatives like the one mentioned above.

I don't think we can achieve the economic property we are looking for if only 50% of our population is contributing to the National GDP.

Talking about women participation here always turns into a cesspool of opinions. With people saying women should look after children and not work.

 

[vin bharat mahan]

To anyone who might be apprehensive about the employment of female in manufacturing sector & how it could impact the family welfare.

Please consider this data.
View attachment 218972

The change in GDP wrt to the population of UP & Bihar has been the worst. This shows that the condition of these states may not get better any time soon, even if there is relatively high GDP growth.

Women participation in India's workforce has fallen from around 30% 20 years back to now less than 20%. That's 10% less people contributing to the GDP of India.

Where as for kangladesh it has risen to 30% (inverse graph wrt to India). Because of initiatives like the one mentioned above.

I don't think we can achieve the economic property we are looking for if only 50% of our population is contributing to the National GDP.

yes...with increasing women participation in workforce (gdp). u will see lower birth rate also. just like in west countries. check how many state birth rate is below replacement (2.1) level. many state is near to chinese birth rate. this is 2020 map, u can say in 2023 more birth rate decreases. every thing hv positive nd negative aspect.

 

[FalconSlayers]

 

[vin bharat mahan]

Talking about women participation here always turns into a cesspool of opinions. With people saying women should look after children and not work.

i think one gender (male or female) should look for family+home, who is less productive in couple...yes they hv less money, but their life will be less heptic nd stressful. now joint family is disappearing or not living with each other. or if male nd female working, their parents should active nd willingly ready to look after their child. for some family this is common, but for me i dont want my parents again involve in my child raising duties. their life should be retired nd free.

 

[Apollyon]

 

[RoaringTigerHiddenDragon]

I see a lot of people are criticizing of U.P. While UP does have to do a lot more in social sector, here is the state of government schools in the leading state of TN.

From poor infrastructure to inadequate classrooms, CAG finds major issues in govt. schools

Despite Tamil Nadu’s stellar performance in the Gross Enrolment Ratio at the all-India level, enrolment in government-run secondary and higher secondary schools declined by 14.76% and 11.84%, respectively, during 2016-21

www.thehindu.com

 

[RoaringTigerHiddenDragon]

Here is another gem. How the f$%k is TN going to be an industrial powerhouse if they don’t even let the ports expand?
I am going to go ahead and claim that data coming out of TN is probably one giant lie. TN has no expressways, bad port capacity, poorly maintained industrial parks, congested highways, metro only in their capital city Chennai which is actually a much poorer city than bengaluru yet we are all supposed to believe that TN is marching toward development while UP is stuck. UP has metro in 5 cities now. Has waterways transport now. UP is fast catching up with TN even in jal jeevan mission despite being a much larger state. Bihar is actually much ahead of TN even unless Bihar fudged their tap connections number.

I call bullsheeeit on TN. It is being propagated by the Dravidian parties much like the CCP to claim that their development model is superior. On the ground, TN’s urban infrastructure sucks. They have no tier 2 cities and their cities are only as developed as a tier 3 city like Rajkot. Same thing with sports infrastructure - they only have sports infrastructure in Chennai, nowhere else. Meanwhile, UP has several tier 2 cities and after jewar airport and Lucknow-Kanpur expressway would have two tier 1 cities even. Several UP cities have proper ring roads and the new infrastructure in Varanasi and Ayodhya is fantastic. TN has no modern railway stations even. Chennai has only been minimally developed. Meanwhile several UP railway stations have been redeveloped.

Fresh resistance to Kattupalli Port expansion spotlights broken promises

Fresh resistance to Kattupalli Port expansion spotlights broken promises

www.thehindu.com

Bad roads and poor infrastructure plague Chennai industrial estates

CHENNAI: Pothole-ridden roads, lack of sewage system and faulty streetlights are the banes of industrial estates in and around Chennai. Roads dug up for laying

www.newindianexpress.com

 

[nongaddarliberal]

I see a lot of people are criticizing of U.P. While UP does have to do a lot more in social sector, here is the state of government schools in the leading state of TN.

From poor infrastructure to inadequate classrooms, CAG finds major issues in govt. schools

Despite Tamil Nadu’s stellar performance in the Gross Enrolment Ratio at the all-India level, enrolment in government-run secondary and higher secondary schools declined by 14.76% and 11.84%, respectively, during 2016-21

www.thehindu.com

If they pull off the 100 townships, that would be a genuine transformation. The root of development is in urbanization. Everything else follows. Successful urbanization through well planned towns would take UP 60% of the way to advanced state status (in the Indian context)

 

[FalconSlayers]

 

[sauntheninja]

I don't find ChatGPT that good at coding at least the free version. Asked ChatGPT to build a small functionality for a product I'm building and while the code is functional it introduced a lot of subtle bugs in the code. And even after trying to educate it of the bugs it refuses to back off. A human answer in stackoverflow is still a lot better

 

[Haldilal]

Ya'll Nibbiars The Amazon Data Services to lease addl. 4 acres from L and T at Powai in Mumbai for 18 years for apprx. 562 crore rupees, The Last year too, Amazon and L and T had signed similar deal for adjacent plot. Overall, Amazon will pay L and T nearly 1,500 crore rupees as a rent for 9.5 acres it will lease for 20 years.

 

[nongaddarliberal]

Here is another gem. How the f$%k is TN going to be an industrial powerhouse if they don’t even let the ports expand?
I am going to go ahead and claim that data coming out of TN is probably one giant lie. TN has no expressways, bad port capacity, poorly maintained industrial parks, congested highways, metro only in their capital city Chennai which is actually a much poorer city than bengaluru yet we are all supposed to believe that TN is marching toward development while UP is stuck. UP has metro in 5 cities now. Has waterways transport now. UP is fast catching up with TN even in jal jeevan mission despite being a much larger state. Bihar is actually much ahead of TN even unless Bihar fudged their tap connections number.

I call bullsheeeit on TN. It is being propagated by the Dravidian parties much like the CCP to claim that their development model is superior. On the ground, TN’s urban infrastructure sucks. They have no tier 2 cities and their cities are only as developed as a tier 3 city like Rajkot. Same thing with sports infrastructure - they only have sports infrastructure in Chennai, nowhere else. Meanwhile, UP has several tier 2 cities and after jewar airport and Lucknow-Kanpur expressway would have two tier 1 cities even. Several UP cities have proper ring roads and the new infrastructure in Varanasi and Ayodhya is fantastic. TN has no modern railway stations even. Chennai has only been minimally developed. Meanwhile several UP railway stations have been redeveloped.

Fresh resistance to Kattupalli Port expansion spotlights broken promises

Fresh resistance to Kattupalli Port expansion spotlights broken promises

www.thehindu.com

Bad roads and poor infrastructure plague Chennai industrial estates

CHENNAI: Pothole-ridden roads, lack of sewage system and faulty streetlights are the banes of industrial estates in and around Chennai. Roads dug up for laying

www.newindianexpress.com

Gotta disagree here in terms of tier 2 cities. TN, for its population of 80 million, has a good set of tier 2 cities compared to most states in India. Outside of tier 1 Chennai, it has Madurai, Coimbatore, Tiruchi and Salem which each have a high number of formal industries. Madurai and Coimbatore are also getting decent IT investment. TN's tier 2's are ahead of most tier 2's in India. Compare this to Karnataka which only has Bangalore as a productive city, or to Andhra and Telangana with a combined population of 120 million, yet don't have much outside Hyderabad, Visakhapatnam and Vijaywada.

UP has a large number of tier 2 cities, but they're there because of the high 240 million population. Most of those tier 2's do not approach the productivity of tier 2's in TN. That's reflected in the per capita and manufacturing figures of the state.

 

[Tejbrahmastra]

India’s Trade Policy Is Working Great — for Vietnam

New Delhi’s ill-conceived tariffs may have led to a 4% cost disadvantage against a key Asian rival.

www.bloomberg.com

 

[thebakofbakchod]

India’s Trade Policy Is Working Great — for Vietnam

New Delhi’s ill-conceived tariffs may have led to a 4% cost disadvantage against a key Asian rival.

www.bloomberg.com

Saw people crying about this on tweetar, but this is not entirely wrong. Indias manufacturing policies are completely backwards and reek of 82iq planning. It makes no sense to impose such high import tarrifs on inputs. All it does it drive up manufacturing costs, make middlemen richer, while doing nothing to help build local capacity of said component. The government should get rid of import taxes on most high value components to help boost local manufacturing. If they want to localise the componenet, they should set up tax free component specific industrial parks where manufacturers (local or foreign) will get very cheap credit to build said component. This is basically what most east asian countries did

 

[sauntheninja]

Gotta disagree here in terms of tier 2 cities. TN, for its population of 80 million, has a good set of tier 2 cities compared to most states in India. Outside of tier 1 Chennai, it has Madurai, Coimbatore, Tiruchi and Salem which each have a high number of formal industries. Madurai and Coimbatore are also getting decent IT investment. TN's tier 2's are ahead of most tier 2's in India. Compare this to Karnataka which only has Bangalore as a productive city, or to Andhra and Telangana with a combined population of 120 million, yet don't have much outside Hyderabad, Visakhapatnam and Vijaywada.

UP has a large number of tier 2 cities, but they're there because of the high 240 million population. Most of those tier 2's do not approach the productivity of tier 2's in TN. That's reflected in the per capita and manufacturing figures of the state.

Does UP even have a tier 1 city that is not Noida which has Delhi nearby. Even Maharashtra has a ton of tier two cities which are productive but none compare to Mumbai Pune.

 

[LostCauseisBackBaby]

Does UP even have a tier 1 city that is not Noida which has Delhi nearby. Even Maharashtra has a ton of tier two cities which are productive but none compare to Mumbai Pune.

Yes and its named Greater Noida with a new one coming called New Noida , Cry about others being close to delhi while itself being a costal city.