Indian Economy: News and Discussion

no smoking

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They would have liked India to be in their 'camp', but not at the price India was willing to pay
Why would they like India to be in their 'camp' if they didn't need India during that period, not at the price that India was asking.
Making an alliance is two side transaction, asking India to join western side also requires US to pay the price.
Just like what India asks now: you want me to join your Anti-China alliance, you have to pay me.

How would that have been possible for India in the 50s and 60s? And what about Iran, Indonesia, Egypt, did the US-UK have fears of their dominance as well? If not, why not? Why the concern about India, and not Indonesia, Iran and Egypt, none of them tiny countries.
Let's check the fact, using GDP of 1970 as an example:
India - $201.53b
Iran - $10.98b
Indonesia - $77.22b
Egypt - $33.21b
Pakistan - $38 b
Bangladesh - $32.89b

Plus India's population size and land size, tell me which one they should worry about.

What sort of 'control'? Don't mindlessly project Anglo- American , or for that matter Chinese motivations and behaviour onto India.
Well, both of us are projecting the elite class of Anglo-American mindset, aren't we?

But what was this reputed 'fear of control' if not essentially economic?
Those economic investment in India in cold war were not big enough to control or influence India's policy.
Even today's investment can't do that in India.

Pakistan isn't 'much smaller', not in physical size. Israel is 'much smaller' than all of its neighbours except Lebanon. But it is true that Pakistan has been a rent a state country( if country at all) and unscrupulous outside powers, including China, have exploited this to the hilt.
Isn't that my point? Comparing to India, Pakistan is smaller; comparing to neighbours, Israel is smaller. If you need a proxy state in a region, you choose the smaller one.
 

Varoon2

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Why would they like India to be in their 'camp' if they didn't need India during that period, not at the price that India was asking.
Making an alliance is two side transaction, asking India to join western side also requires US to pay the price.
Just like what India asks now: you want me to join your Anti-China alliance, you have to pay me.
India would rather not see this as transactional, but ideological, having shared values, common interests, outlook, plus of course trade, travel,education. It is true that a few Anglo Americans do have transactional, or even just rental mentality


Let's check the fact, using GDP of 1970 as an example:
India - $201.53b
Iran - $10.98b
Indonesia - $77.22b
Egypt - $33.21b
Pakistan - $38 b
Bangladesh - $32.89b

Plus India's population size and land size, tell me which one they should worry about

Just because India is bigger, doesn't mean the others are small, or without capacity. Particularly countries like Egypt, Iran and Indonesia could cause a lot of problems potentially



Well, both of us are projecting the elite class of Anglo-American mindset, aren't we?

Speak for yourself. India doesn't do that.



Those economic investment in India in cold war were not big enough to control or influence India's policy.
Even today's investment can't do that in India.

It still doesn't answer the question as to why India should be seen as some kind of threat. China, North Korea, Iran, Russia, can see why. Such a perception of India tells us more about the individuals and their insecurities, than about India!




Isn't that my point? Comparing to India, Pakistan is smaller; comparing to neighbours, Israel is smaller. If you need a proxy state in a region, you choose the smaller one.

That mentality has got to go.
 

Haldilal

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Ya'll Nibbiars

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Haldilal

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Ya'll Nibbiars It's Final the Vadhavan Deepwater Port will be a satellite port of the JNPT like the Port of Shanghais Three Satellite Container Ports the Combained capacity will be 3.5 crore TEU's per Annum.

 
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thebakofbakchod

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This is the legacy of our timid foreign policy establishment & equally pussilanimous dhotis in power right from 2000 onwards where " peace in our time & peace at any cost " was the mantra.
Largely thanks to Gujarat and Andhra. In the last 5 years, over 600 drug manufacturing factories were approved in Gujarat, including 133 in the last year. A large volume of them are in the API sector focusing on a single ingredient/molecule.


Andhra is seeing some heavy API investments in Vizag. Most of these are "lower-end" molecules. To crack imports/reliance on the most expensive molecules, stronger R&D and capital investment will be needed.
 

thebakofbakchod

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1713544520307.png


Might be a fluff MoU. Sagar semi is a new company with no revenue/plants. But they have brought an experienced team together. A good company for PLI. India is completely reliant on imports for
high power devices such as IGBTs and SiC devices.

Read more at: https://cxotoday.com/press-release/...mou-to-propel-indias-semiconductor-ecosystem/

 

jai jaganath

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Haldilal

लड़ते लड़ते जीना है, लड़ते लड़ते मरना है
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Ya'll Nibbiars

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Looks like Elon chicha got a call from State Dept to delay visit after elections
Ya'll Nibbiars Will still say Tesla is a overblown brand.

 

another_armchair

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New Delhi [India], April 20 (ANI): The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024.

Earlier, individuals were restricted to purchasing new insurance policies only until the age of 65. However, after the recent changes that have come into effect from April 01, 2024, anyone, regardless of age, is eligible to purchase a new health insurance.

"Insurers shall ensure that they offer health insurance products to cater to all age groups. Insurers may design products specifically for senior citizens, students, children, maternity, and any other group as specified by the Competent Authority" said a notification issued by the IRDAI.
The move by the insurance regulatory body aims to create a more inclusive healthcare ecosystem in India and to encourage insurance provider companies to diversify their product offerings.

IRDAI has also instructed health insurance providers to introduce tailored policies for specific demographics, such as senior citizens, and establish dedicated channels for handling their claims and grievances.

"It's a welcome change since it now opens Avenue for people above 65 to seek health cover. Insurers based on their Board approved Underwriting guidelines can cover people above 65. The coverage is subject to offer and acceptance between the Insured and Insurer based on affordability for the senior citizens and viability for Insurers." said an Industry Expert.

After the recent notification, the insurers are now also prohibited from refusing to issue policies to individuals with severe medical conditions like cancer, heart or renal failure, and AIDS.

According to the notification, IRDAI has decreased the health insurance waiting period from 48 months to 36 months. According to the insurance regulator, all pre-existing conditions should be covered after 36 months, regardless of whether the policyholder disclosed them initially or not. Put simply, health insurers are prohibited from rejecting claims based on pre-existing conditions after these 36 months.
The insurance companies are barred from introducing indemnity-based health policies, which compensate for hospital expenses. Instead, they are only permitted to provide benefit-based policies, offering fixed costs upon the occurrence of a covered disease.(ANI)

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@AnantS This might be of interest to you. I recall you were trying to get your parents registered under Ayushman Bharat.
 

spacemarine2023

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Tesla Eyes Rajasthan For Potential Electric Car Manufacturing Hub In India https://swarajyamag.com/infrastruct...ntial-electric-car-manufacturing-hub-in-india

Yeh toh out of syllabus ho gaya
How are they gonna manage the logistics of they want to move from skd/ckd assembly to proper manufacturing
Ig they will never perform such level of manufacturing and depend on assembly of kd kits till end
EVs are simpler to manufacture than IC ones.
The number of parts to be sourced are 100 times more than an EV one,
So Giga factories which require large swaths of land makes RJ indeed a good area with also Rajasthan neighbours both Haryana and Gujrat with good supply lines of car parts in case tesla wants to outsourced any non battery parts.

Also with Freight corridor and expressways operational and soon to be operational it has pretty good connectivity with Guj ports
 

ezsasa

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He has given clarification , but then he would know the date well in advance

understandable.. if this guy isn't rewarded properly, the concept of capitalism as it is understood today in U.S itself is fundamentally flawed.
======
Tesla pushes for $56bn pay deal for Elon Musk
 

Jimih

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understandable.. if this guy isn't rewarded properly, the concept of capitalism as it is understood today in U.S itself is fundamentally flawed.
======
Tesla pushes for $56bn pay deal for Elon Musk
Dont know what is conspiring behind.

Anyways Starlinks access to country like India is a NatSec threat.

Tesla EVs are anyhow very costly vehicles. Don't know whether India will have a niche market for it.

But setting up an assembly plant for Global exports should India strive for.
 

ezsasa

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Dont know what is conspiring behind.

Anyways Starlinks access to country like India is a NatSec threat.

Tesla EVs are anyhow very costly vehicles. Don't know whether India will have a niche market for it.

But setting up an assembly plant for Global exports should India strive for.
starlink is a natsec threat for us, no doubt.

EV is for tesla to figure it out, this time GoI even gave a head start to local companies to evolve unlike last time when hyundai, daewoo made their entry. for now it's all speculation, let him or his company spell out their exact plan. it does look like GoI is making their best effort to invite his company.
 

prasadr14

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starlink is a natsec threat for us, no doubt.

EV is for tesla to figure it out, this time GoI even gave a head start to local companies to evolve unlike last time when hyundai, daewoo made their entry. for now it's all speculation, let him or his company spell out their exact plan. it does look like GoI is making their best effort to invite his company.
GOI under current dispensation would not agree to go with Starlink.

Elon Musk has resisted to move his production facilities to India.
Unless he is planning to move substantial portion of his production to India, it makes no sense for GOI to make concessions.

If his strategy is to only sell Tesla in India and if he want's some tax breaks for that, it makes little sense for GOI to agree to that.
 

another_armchair

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