Indian Economy: News and Discussion

[ezsasa]

Government should encourage students to take city planning courses and give them jobs in the local council to actually plan our cities better all our cities are just a mess

is there such a Education stream in India?

 

[sauntheninja]

I did watch this video the only feasible solution seems to be that we need to build new cities how can we exactly redevelop large parts of Mumbai for example without uprooting so many people

 

[sauntheninja]

is there such a Education stream in India?

M.Plan in Urban & Regional Planning Course, Eligibility, Syllabus, Career, Top Institutes, Fees-2021-22

collegedunia.com

There does seem to be courses but don't know about the job prospects

 

[ezsasa]

M.Plan in Urban & Regional Planning Course, Eligibility, Syllabus, Career, Top Institutes, Fees-2021-22

collegedunia.com

There does seem to be courses but don't know about the job prospects

there should be an option for opt for private companies to maintain a municipal ward or colony over and above the services a municipal corporation provides. People can pay a monthly fee to that private company.


things like:
-Dust control
-Maintain lane markings
-Street signs in inner lanes
-Beautification
-local park maintenance
Etc etc.

Things that municipal corporation has no resources to allocate for.
Benefit is value of the property also increases in a pleasant neighbourhood.

sectors in noida already do this.

 

[FalconSlayers]

Seaplane Service To Be Launched From Ramgarh Tal In Gorakhpur Soon: UP CM Yogi Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath has announced plans to launch a seaplane service from Ramgarh Tal in Gorakhpur and international flights from Kushinagar, for which the process would be started soon

t.co

 

[FalconSlayers]

 

[FalconSlayers]

Ya'll Nibbiars

Bharat Dynamics and Thales partner to manufacture STARStreak Air Defence System in India

The Teaming Agreement was signed at a virtual ceremony held on 13 January 2021.

www.business-standard.com

A big boost to Make in India in arms sector.

 

[SKC]

I did watch this video the only feasible solution seems to be that we need to build new cities how can we exactly redevelop large parts of Mumbai for example without uprooting so many people

Sir par Danda marke! Like they did in Beijing during Beijing Olympics of 2008. Most of shanghai was redeveloped on basis of EU cities by forcefully moving the citizens out.

 

[FalconSlayers]

we need to forcefully redevelop cities as too much mess has already been created, simple phase-1 solution, any building cluster more than 40 or 50 years old to be redeveloped into a vertical building saving spaces.

 

[SKC]

we need to forcefully redevelop cities as too much mess has already been created, simple phase-1 solution, any building cluster more than 40 or 50 years old to be redeveloped into a vertical building saving spaces.

The city municipal cooperation model needs to be done away with first.
They are breeding ground for corruption.
Need to have smaller city councils as present in US, EU and in China.
Noida and Gr Noida Authority are the most corrupt city municipality in India.

 

[sauntheninja]

The city municipal cooperation model needs to be done away with first.
They are breeding ground for corruption.
Need to have smaller city councils as present in US, EU and in China.
Noida and Gr Noida Authority are the most corrupt city municipality in India.

I have heard that major cities all over the world have their own corporation separate from the state governments that develop a city ?

 

[SKC]

Ya'll Nibbiars The original Mobster is back.

Just bring the Tata Sierra back too and the perfect villain's car line up would be complete as in late 90s!

 

[SKC]

I have heard that major cities all over the world have their own corporation separate from the state governments that develop a city ?

Sort of; City councils in most of the world has very little political influence and usually have University graduates in town and city planning as the members. But in India we get the municipal people from SSC grade B and C exams which do not have any idea of any sort of planning.
Only IES is one exam which can give high grade Civil planners but that produces far less civil engineers then needed and only for higher ceremonial posts.

 

[ezsasa]

I have heard that major cities all over the world have their own corporation separate from the state governments that develop a city ?

In India too it’s the case, municipalities and municipal corporations are technically a state unto themselves as far as governance goes.

they have their own budgets, revenues etc etc.

It might take a few decades for local governance to evolve in India, since public participation is a must in local governance. people having trouble attending apartment meetings, when will they go for local body meetings.

 

[Okabe Rintarou]

Just bring the Tata Sierra back too and the perfect villain's car line up would be complete as in late 90s!

They already have:-

 

[Haldilal]

They already have:-

Ya'll Nibbiars meant by the launch's.

 

[sorcerer]

Jan Aushadi Kendras record sales of Rs 484 Crore this Financial Year



In the financial year 2020-2021 (upto 12th January 2021), sales worth Rs. 484 Cr were recorded at the 7064 Pradhan Mantri Bhartiya Jan Aushadhi Kendras across all districts of the country selling quality generic medicines. This figure which is 60% higher than the corresponding figures of the previous financial year, has led to savings of approx. Rs. 3000 Cr. to the citizens of this country. This was announced by the Union Minister for Chemicals & Fertilisers, Shri Sadananda Gowda in Karnataka today.


In the financial year 2019-2020, the Government of India grant for the Jan Aushadi Kendras was Rs 35.51 Crore while savings to citizens were Rs. 2600 Crore. Thus, every one rupee spent by Government has led to savings of Rs. 74 to the citizens. It has multiplicative effect, Said Shri Gowda.


The Minister also announced that further, stepping forward towards empowering women all around the country, till date more than 10 Crore Jan Aushadhi ”Suvidha” sanitary pads have been sold at Re.1 each. Purchase order for Jan Aushadhi ”Suvidha” sanitary pads worth Rs. 3.6 Cr. has been placed in December 2020. Tender for 30 crore Jan Aushadhi ”Suvidha” sanitary pads has also been finalized.


Speaking specially about Karnataka, Shri Gowda said that at present, 788 Pradhan Mantri Bhartiya Jan Aushadhi Kendras in Karnataka are serving the citizens by providing them affordable, high-quality generic-medicines. Karnataka aims to achieve the target of opening a total of 800 PMBJK by March 2021 in the state. Making a unique breakthrough in the healthcare sector with its wide range of medicine, the PMBJP Kendras in Karnataka aim to achieve sales worth of Rs. 125 Crore by March, 2021.

 

[Shredder]

Nothing makes me happy when a white guy understands Indian politics and says "India is pretty much a family run business"!!!!!
Look at 6 mins into the video.

Poor attempt at garnering Indian audience. TCS he calls TATA computer services lol, and less than 10% of population has internet access he says. Clueless white boi. Lot of people like him making India centric videos to make a quick buck.

Funniest was a channel run by an inbred porki couple, all "reaction" based videos, like "Our reaction to India's DFC" and such.

 

[LondonParisTokyo]

https://www.prsindia.org/content/examining-rise-non-performing-assets-india

What led to the rise in NPAs?

Some of the factors leading to the increased occurrence of NPAs are external, such as decreases in global commodity prices leading to slower exports. Some are more intrinsic to the Indian banking sector.

A lot of the loans currently classified as NPAs originated in the mid-2000s, at a time when the economy was booming and the business outlook was very positive. Large corporations were granted loans for projects based on extrapolation of their recent growth and performance. With loans being available more easily than before, corporations grew highly leveraged, implying that most financings were through external borrowings rather than internal promoter equity. But as economic growth stagnated following the global financial crisis of 2008, the repayment capability of these corporations decreased. This contributed to what is now known as India’s Twin Balance Sheet problem, where both the banking sector (that gives loans) and the corporate sector (that takes and has to repay these loans) have come under financial stress.

When the project for which the loan was taken started underperforming, borrowers lost their capability of paying back the bank. The banks at this time took to the practice of ‘evergreening’, where fresh loans were given to some promoters to enable them to pay off their interest. This effectively pushed the recognition of these loans as non-performing to a later date but did not address the root causes of their unprofitability.


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Remember the demon, I told you in the last post.
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COVID-19 impact | Banks' gross NPA ratio may rise to 12.5% by March 2021, says RBI

Public sector banks may see their GNPA ratio of 11.3 percent in March 2020 increase to 15.2 percent by March 2021 under the baseline scenario.

www.moneycontrol.com

Gross NPAs of banks may reduce to 8% by March 2020: Report

Rate of accretion of fresh NPAs halved in FY19 to 3.7%.PSBs should see their gross NPAs climb down close to 10.6% by March 2020

www.livemint.com

Wow, you expect PM to come out and say I influenced the decision. Wow.....



Who told you they are the minority. Where it matters, they are still a force. That's what I meant by the left eco-system. I see the manifold number of reporters, ex- bureaucrats on their side than what this government has, and this should give you a glimpse of what the current situation most probably is. They are strong, in the majority where it matters most. It will take time to remove their era trained official to get out and new people in their place. Don't think for a second, that they are out of resources in just 6 years, neither monetarily nor people in higher office.

Apart from the underlined part, everything else you wrote is basically just random spewing. I have no specialization in Economy, Most probably someone else with a good understanding of Economics will clear your doubts on this.

NPA in the context of IAS is Non performing asset which is the IAS. **NOT** NPAs in the sense of P Chidambaran destroying the economy before Modi took power. I miss that Modi, who came in with a fire under his butt to fix India.

 

[LondonParisTokyo]

Trust me. NYC is one of the few good planned cities in the US. The vast majority of other cities and towns are worse than Indian towns.