Indian Economy: News and Discussion

vin bharat mahan

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They don't need 700 million labourers. The vast majority of people in UP, Bihar, WB, MP and Rajasthan can only climb up if their own states develop. South India can only absorb 20-30 million.
yeah...but these state r also growing. its not like these states r not growing. may be they cant reach south indian level of life style. but they are/will improving.
 

nongaddarliberal

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yeah...but these state r also growing. its not like these states r not growing. may be they cant reach south indian level of life style. but they are/will improving.
Let's see. It's not only about GDP growth, but useful industries such as IT and Manufacturing, combined with proper investment in secondary and higher education to improve the human capital in these states.
 

sameer3694

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What exactly can be done regarding this? We're stuck at this 'upper-middle" level for long. Not much has been done in past 10 years on this front, Vietnam and Indonesia have already crossed 0.7 (High) and we are currently far from it. We lag behind in mean years of schooling and income per capita PPP.
View attachment 223724
I remember looking at this couple of years ago. One thing that really stood out to me was how far behind we are in mean years of schooling. It is pretty much self evident given the state of our government schools, esp in rural areas. We are even behind war-torn Iraq. And in terms of female schooling, we're even behind Nigeria and Congo. It's a shame.

 

FalconSlayers

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I remember looking at this couple of years ago. One thing that really stood out to me was how far behind we are in mean years of schooling. It is pretty much self evident given the state of our government schools, esp in rural areas. We are even behind war-torn Iraq. And in terms of female schooling, we're even behind Nigeria and Congo. It's a shame.

Sometimes I wonder whats the credibility of this data, since HDI also claims Sri Lanka has a much higher HDI with a bankrupt lower middle income economy than an advanced high income developed country like china. Or how lungidesh HDI is much higher than India with their fake data.

Anyways, we deserve this number. Behind all the glamour of big projects, basic things like education are ignored. Then you have bimaru land to pull average down in every metric.
 

sauntheninja

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Old Video and its from the Quint. But listen to these students studying from 2014 and not being able to crack the exams in Bihar. These people are simply wasting their best years studying for a exam which they very well may never be able to crack. This is the demographic dividend of India
 

Azaad

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Old Video and its from the Quint. But listen to these students studying from 2014 and not being able to crack the exams in Bihar. These people are simply wasting their best years studying for a exam which they very well may never be able to crack. This is the demographic dividend of India
So who exactly prevented nitiswa from building up infrastructure & inviting industries to his state or take the lead in agro industries at the very least or even promote MSME ? After he's been in power since 2005 . It's nearing 20 yrs now . Why's whatever YA doing in UP currently seen as a miracle when each & every state in India can & should be doing it if they haven't already gone thru it like in the west or south of our country.

It's because Bihar has no industries that the only options are emigration or government jobs or crime .
 

FalconSlayers

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Old Video and its from the Quint. But listen to these students studying from 2014 and not being able to crack the exams in Bihar. These people are simply wasting their best years studying for a exam which they very well may never be able to crack. This is the demographic dividend of India
Demographic disaster with only a few states getting all investments, rest ending up being irrelevant breeding like rabbits.
So who exactly prevented nitiswa from building up infrastructure & inviting industries to his state or take the lead in agro industries at the very least or even promote MSME ? After he's been in power since 2005 . It's nearing 20 yrs now . Why's whatever YA doing in UP currently seen as a miracle when each & every state in India can & should be doing it if they haven't already gone thru it like in the west or south of our country.

It's because Bihar has no industries that the only options are emigration or government jobs or crime .
Does it matter what he did or did not? What matters is what is the situation right now and thats what the convo is all about. Many politicians did zilch, but blaming them or abusing them isn't going to help. Especially when our GDP per capita has not been even doubled in past 12 or so years and it is unlikely we'll touch even upper middle income country status at this speed by 2040, let alone be a developed supa powa by 2047 as per Modi.
 

FalconSlayers

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And then comes Haryana, saying "sarrr completion to start next month" for past 2 years for a basic services led SEZ.



Delaying basic SEZs for decades, spending zilch on capex and new industrial parks, since priority is to increase salaries of maulanas.



 

RoaringTigerHiddenDragon

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Ok, at this rate, is there a single country we're not cursing at as netizens? Are we left with only Russia and Japan as the friendly ones? Scratch the surface, and the Japanese also have a certain disgust for India due to the shoddy nature of our cities and overall dirt and pollution.

Everyone and their dog is going to constantly look down upon Indians until we reach 10,000 per capita nominal, and have clean and good looking cities.

We really don't understand just how important cities and public space's cleanliness are in terms of perception. The quality of your cities, architecture, neighborhoods, houses, parks and walkways are the number one quality that the world looks at when judging your culture and race. More than any "ancient history" or GDP figures. That's why California is now seen as a shithole despite having the largest GDP in America. This is an aspect India has been ignoring at its own cultural peril for decades. Even the Swachch Bharat Abhiyan ended as a meme.

Better for Indian netizens to be positive online as much as possible and try to be brand ambassadors for Indian investment opportunities, infrastructure growth, architecture, music and arts. Showcase better parts of India such as the nature in the coastline, western ghats, Himalayas, North East etc, or good parts of tier 2 cities. Not talking about your quote in particular since it's happening in an Indian forum, but just an overall generalization.
It is this way because such clean and well ordered cities are seen as government taking care of their citizens health and sanitation needs, the administration is modern and responsive to people’s complaints, people are educated and decent with low crime, decent paying jobs are available, cities are orderly, people have discipline and can improve their talent etc. When they see good clean cities, all these come to mind. When you see cities deteriorating like San Francisco or Bengaluru, people know the opposite is true - poor administration, people are indisciplined, they don’t value health and sanitation etc.
 

Azaad

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Demographic disaster with only a few states getting all investments, rest ending up being irrelevant breeding like rabbits.

Does it matter what he did or did not? What matters is what is the situation right now and thats what the convo is all about. Many politicians did zilch, but blaming them or abusing them isn't going to help. Especially when our GDP per capita has not been even doubled in past 12 or so years and it is unlikely we'll touch even upper middle income country status at this speed by 2040, let alone be a developed supa powa by 2047 as per Modi.
The solution is building up your economy in terms of GDP nominal & forget about GDP PCI (or even if these developments are evenly spread all across the country). Once the former is achieved the latter will sort itself out .

There will be states which move fast & capitalise on investments & states like Bihar which are destined to remain laggards. Now if you think being a laggard is a sin , hold the man in charge responsible & make him accountable or move on as if nothing's happened accepting it as your karma.
 

FalconSlayers

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This shouldn't even be news, 60k to 70k per year is miniscule production, and given the just ₹100 crore investment, its just an assembly plant.
The solution is building up your economy in terms of GDP nominal & forget about GDP PCI (or even if these developments are evenly spread all across the country). Once the former is achieved the latter will sort itself out .

There will be states which move fast & capitalise on investments & states like Bihar which are destined to remain laggards. Now if you think being a laggard is a sin , hold the man in charge responsible & make him accountable or move on as if nothing's happened accepting it as your karma.
Very illogical, GDP and GDP per capita are directly related to each other, if GDP per capita hasn't even doubled since past 12 years, one can imagine situation of GDP overall.
 

Shuturmurg

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Sometimes I wonder whats the credibility of this data, since HDI also claims Sri Lanka has a much higher HDI with a bankrupt lower middle income economy than an advanced high income developed country like china. Or how lungidesh HDI is much higher than India with their fake data.

Anyways, we deserve this number. Behind all the glamour of big projects, basic things like education are ignored. Then you have bimaru land to pull average down in every metric.
Sri Lanka has much higher HDI, go to Sri Lanka and you will immediately notice. You won't find kind of poverty and destitution visible in our Bimaru belt cities in Sri lankan cities.
 

FalconSlayers

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Sri Lanka has much higher HDI, go to Sri Lanka and you will immediately notice. You won't find kind of poverty and destitution visible in our Bimaru belt cities in Sri lankan cities.
Higher HDI than China? Really? I mean they are better than India undoubtedly, but HDI much higher than China seems BS.
 

Shuturmurg

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Higher HDI than China? Really? I mean they are better than India undoubtedly, but HDI much higher than China seems BS.
China being continental sized country has large degree of variation. The coastal cities that you see have HDI of developed world.

Also, I don't think Sri Lankan data hass been updated after economic crisis, but still their health and education data is really good.
 

Haldilal

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Ya'll Nibbiars




 

vin bharat mahan

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Demographic disaster with only a few states getting all investments, rest ending up being irrelevant breeding like rabbits.

Does it matter what he did or did not? What matters is what is the situation right now and thats what the convo is all about. Many politicians did zilch, but blaming them or abusing them isn't going to help. Especially when our GDP per capita has not been even doubled in past 12 or so years and it is unlikely we'll touch even upper middle income country status at this speed by 2040, let alone be a developed supa powa by 2047 as per Modi.
sometimes u r becoming too negative...what is this "Demographic disaster with only a few states getting all investments, rest ending up being irrelevant breeding like rabbits"??
let people live their life...if they want less resourceful life, whats ur problem. individually who r stoping u collecting money. they r people not ur robot, who r born to make u money. u cant be judge of others, how they want to live. if u think other states becoming irrelevant nd only breeding like rabbits,,, than dont take tax from these state and only tax from those states who r getting investment. dont know why people so intrested in dick measuring compitition of we hv less than chinese or other countries. if people like u become leader, i guess u wipe out 75% of population nd that make ur gdp per capita near chinese. let growth be natural. we r not racing to live.
 
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ezsasa

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Sri Lanka has much higher HDI, go to Sri Lanka and you will immediately notice. You won't find kind of poverty and destitution visible in our Bimaru belt cities in Sri lankan cities.
what good is high HDI, when it couldn't prevent economic disaster.

in SL's case, economic disaster happened precisely because they put all their money on state sponsored HDI numbers instead of economic stability. most of their tax revenues went into govt jobs, state sponsored education, state sponsored health etc. leaving little for industrial development.

more importantly what's the point in comparing to country whose population is less than residential population of mumbai and land area less than that of assam.
 

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