Indian Economy: News and Discussion

[Tejbrahmastra]

 

[Haldilal]

Ya'll Nibbiars

 

[Rango]

If this India-Haifa-Europe route really becomes an alternative to the Suez canal (like the below article implies), Egypt's already weak economy will see major problems. Tourism and the Suez toll seem to be their main sources of income.

Haifa is potential alternative to Suez Canal

Read this exciting story from THE WEEK India October 01, 2023. TRADITIONALLY, GOODS flowing between India and Europe have relied heavily on routes passing through the Suez Canal.

www.magzter.com

https://english.alarabiya.net/News/middle-east/2024/02/04/Egypt-s-Suez-Canal-revenues-fall-by-almost-half-after-Red-Sea-attacks

 

[Tejbrahmastra]

 

[Freedom Thru Firepower]

 

[sauntheninja]

https://x.com/sang1983/status/1759458153861927299?s=20

 

[ezsasa]

for 3050 crore this is not a bad investment, female participation in jobs is anyways high in TN, lowering transport cost for female workers. state will end up recovering this money anyways.

 

[Crazywithmath]

for 3050 crore this is not a bad investment, female participation in jobs is anyways high in TN, lowering transport cost for female workers. state will end up recovering this money anyways.

Such schemes have killed public transport in neighboring Karnataka. Even then some states just refuse to learn their lessons. If the aim were to incentivise female workers there were far better options. States don't run enough public buses already, how on earth would they accommodate the additional load? Karnataka found out the hard way, but I still don't think their govt cares.

This is an election year stunt; through and through.

 

[ezsasa]

Such schemes have killed public transport in neighboring Karnataka. Even then some states just refuse to learn their lessons. If the aim were to incentivise female workers there were far better options. States don't run enough public buses already, how on earth would they accommodate the additional load? Karnataka found out the hard way, but I still don't think their govt cares.

This is an election year stunt; through and through.

when it comes to these socialist schemes, i suppose benchmark cannot be on ideal conditions, it is which one is least damaging. if it was AIDMK they would have given free TV or mixie or dish antennae which is even worse.

having lived both in chennai and BLR, can say BLR does not have the same work culture as chennai and surrounding areas. in BLR i don't remember seeing, literally lakhs of females going to their factories on working days.

 

[Crazywithmath]

when it comes to these socialist schemes, i suppose benchmark cannot be on ideal conditions, it is which one is least damaging. if it was AIDMK they would have given free TV or mixie or dish antennae which is even worse.

having lived both in chennai and BLR, can say BLR does not have the same work culture as chennai and surrounding areas. in BLR i don't remember seeing, literally lakhs of females going to their factories on working days.

After Karnataka started their free bus ride schemes (dedicated to women), a lot of rural housewives would hop on to the buses, reach cities, lazily stroll the city streets all day, catch a bus again and come back. And they would do this everyday. In fact, the situation got so bad that sometimes, a local bus would not even stop at bus stops if the driver were to spot a lady; fearing overcrowding (the driver's assistant would get overwhelmed by the sheer number of passengers). Not to mention how the budget allocations would be easily overshot.

The result? The private buses and autorickshaws were wiped out of business. And a lot of daily commuters simply stopped boarding public buses because of the increasingly more and more uncomfortable experiences they offered.

And I am not even getting into the massive losses the KA govt is projected to incur because of that.

States don't have enough public buses already; how on earth would they handle the additional loads?

 

[ezsasa]

States don't have enough public buses already; how on earth would they handle the additional loads?

same as how any socialist governance model works, by not adding more buses.

 

[FalconSlayers]

India's market cap touches $4.8 trillion, wonder if private sector will wake up and start investing private capex with the large sums of money they're raising on top of healthy financials.

 

[nongaddarliberal]

Western hegemony is going to be very hard to beat. The question is beyond money and resources. It's down to core creativity and mental freedom.

 

[nongaddarliberal]

That range of nanometers is mostly for TV's and and other simple devices right? Or can it be used for more sophisticated things?

 

[Atavistic]

Nibe Limited unveiled their new Defence and Aerospace plant at Chakan, PUNE.

 

[pankaj nema]

 

[Tejbrahmastra]

Finally the IBC is showing results. Will help the economy in the long term!!

 

[Jimih]

Jai Jawan Jai Taiwan

 

[Indrajit]

having lived both in chennai and BLR, can say BLR does not have the same work culture as chennai and surrounding areas. in BLR i don't remember seeing, literally lakhs of females going to their factories on working days.

Bangalore has a huge garment cluster. Plus massive Industrial Estates. Lakhs of women do work in factories. Bangalore is also a much larger city than Chennai, both in terms of population as well as in area.

 

[Indrajit]

when it comes to these socialist schemes, i suppose benchmark cannot be on ideal conditions, it is which one is least damaging. if it was AIDMK they would have given free TV or mixie or dish antennae which is even worse.

I'm not sure I agree with this either. Freebies of the kind referred above are one time giveaways, free bus travel is pretty much an ongoing burden with almost no real chance of change regardless of who comes to power.