Indian Economy: News and Discussion

Bhumihar

Cheeni KLPDhokebaaz
Senior Member
Joined
Jun 5, 2017
Messages
8,288
Likes
31,160
Country flag
Maybe its will be based off GEM.

GEM is for internal procurement (Goverment e market place)



its pretty big

As of November 2020, GeM has 6.48 lakh registered sellers and service providers out of which more than 1.56 lakh are micro and small sellers with a majority share of 57.54 per cent in the total order value placed through GeM.[SUP][24][/SUP]

As of November 2020, it has more than 16 lakh products in about 10,101 product categories, and it has 170 service categories.[SUP][24][/SUP]


sale volume looks low though - $10 billion in 4 years . amazon/flipkart probably pulls that much during big sale event. i guess maybe thats good thing , dont want gov babus spending too much money.
Seeing stuff like this gives me hope that gov will launch its own or at least promote Indian tech industry.

Gov will also sell Tribal artifacts through this site
 

sorcerer

Senior Member
Joined
Apr 13, 2013
Messages
21,346
Likes
69,249
Country flag

FalconSlayers

Senior Member
Joined
Oct 14, 2020
Messages
3,494
Likes
10,252
Country flag
India’s GDP within striking distance of attaining positive growth: RBI

That means our economy is still in recession? I feel even this news is because of Republic Day shoppinng demand increase.
 
Joined
Nov 10, 2020
Messages
1,278
Likes
7,136
Country flag
Serum Institute of BHARAT will be supplying upto a billion doses of the vaccine to the following agencies / countries:

Serum Institute to provide corona chan vaccine to 92 countries at INR 250 per dose .

uwu.PNG


See - https://www.business-standard.com/a...ountries-at-rs-250-a-dose-120080701427_1.html

AstraZeneca
expects to supply 2 million doses every week in britain.

See - https://timesofindia.indiatimes.com...ine-every-week-in-uk/articleshow/80073270.cms

Gavi (The Vaccine Alliance) has committed to purchase 200 million doses of COVISHIELD with options to purchase an additional 900 million doses.

See- https://www.gavi.org/news/media-roo...vailable-low-and-middle-income-countries-2021

Morocco has entered into agreement with china’s sinopharm and AstraZeneca to supply over 60 million doses of vaccines.

See - https://www.business-standard.com/a...ersity-s-covid-19-vaccine-121010700168_1.html

Saudi Arabia also approved the AstraZeneca vaccine for use.

See - https://www.arabnews.com/node/1794826/saudi-arabia

Bangladesh and South Africa have also entered into agreements with Serum Institute for supply of 30 million and 1.5 million doses of COVISHIELD respectively.

See - https://www.livemint.com/news/india/india-pushes-vaccine-diplomacy-in-region-11611017254972.html

Bolivia has entered into agreement with Serum Institute for 5 million doses of COVISHIELD.

See - https://www.reuters.com/article/hea...llion-astrazeneca-vaccine-doses-idUSKBN29I28V

Additionally, the Bhartiya government has already committed to supplying millions of doses of COVISHIELD to Bhutan, Nepal, Bangladesh, Maldives, Myanmar and Seychelles free of cost.

See - https://www.hindustantimes.com/indi...m-india-s-vaccine-maitri-101611127804320.html

Brazil’s government flew in a special aircraft to Bharat for securing two million doses of COVISHIELD.

See - https://www.indiatoday.in/coronavir...-coronavirus-vaccine-doses-1759286-2021-01-15

Ukraine is in talks for purchase of an unspecified number of doses of COVISHIELD.

See - https://www.reuters.com/article/health-coronavirus-ukraine-vaccine-idUSKBN29P1OK

Bharat Biotech has struck the following deals so far:

Bharat has placed an order of 55 lakh doses of COVAXIN from Bharat Biotech out of which 16.5 lakh would be given free of cost.

Brazil’s private clinics have entered into agreement with Bharat Biotech to purchase 12 million doses of COVAXIN.

See - https://www.hindustantimes.com/worl...h-s-covaxin/story-rBcawvZw9YLnoZ3Eks78rK.html

Ecuador’s Ambassador to Bharat , Hector Cueva Jacome lined up to register for the COVAXIN trial and also publicly lauded Bharat’s vaccine companies, indicating the possibility of purchase agreements with Bharat Biotech.

See - https://www.republicworld.com/india...praises-indias-fight-against-coronavirus.html

Bhartiya Modi government will also supply 8 lakh doses of COVAXIN to Mauritius, Phillipines and Myanmar.

See - https://www.outlookindia.com/websit...-likely-to-export-8-lakh-covaxin-shots/371079

Bharat Biotech has tied up with Ocugen to enter amreeka with COVAXIN.

See - https://indianexpress.com/article/b...eam-up-for-developing-covaxin-for-us-7115800/

Bharat Biotech also entered into a licensing agreement with Washington University School of Medicine in St Louis to manufacture and distribute upto a billion doses of a novel single-dose intranasal vaccine for corona chan in all markets except the amreeka, Japan and eurofags. The vaccine is currently in phase 1 trials.

And despite all these our krantikari patrkars and opposition **** doing randi rona about safety of vaccines just proves these shitheads are so full of puke and piss.
 

Bhumihar

Cheeni KLPDhokebaaz
Senior Member
Joined
Jun 5, 2017
Messages
8,288
Likes
31,160
Country flag
That means our economy is still in recession? I feel even this news is because of Republic Day shoppinng demand increase.
Understandable look around u school, colleges, tourism, malls, transport, food, msme are still recovering
It will take 1st or second quarter of 2022 to gain 2018 level of growths.
If vaccine is rolled out fast enough we can recovery can be even faster.
 

Bhumihar

Cheeni KLPDhokebaaz
Senior Member
Joined
Jun 5, 2017
Messages
8,288
Likes
31,160
Country flag
Even if we vaccinate 1 million people every day it will take whole year to get 1/3 of the population vaccinate.
I hope they open schools and college in March.
COVI19 infection will hit an all time low of 5000 to 10000 by the time.
 

FalconSlayers

Senior Member
Joined
Oct 14, 2020
Messages
3,494
Likes
10,252
Country flag
Even if we vaccinate 1 million people every day it will take whole year to get 1/3 of the population vaccinate.
I hope they open schools and college in March.
COVI19 infection will hit an all time low of 5000 to 10000 by the time.
Even if you vaccinate 10 million people everyday, even then also it will take 4 months to vaccinate all Indians.
 

Bhumihar

Cheeni KLPDhokebaaz
Senior Member
Joined
Jun 5, 2017
Messages
8,288
Likes
31,160
Country flag
Any idea how many people gov intends to vaccinate per day.
 
Joined
Apr 29, 2015
Messages
14,005
Likes
29,770
Country flag
That means our economy is still in recession?
Recession is defined in terms of quarter and not years. The growth of overall year will remain negative because of lockdown in first and second quarters. A recession is an economic contraction in 3 consecutive quarters and positive growth in a single quarter ends a recession.

So, we are out.
I feel even this news is because of Republic Day shoppinng demand increase.
Which shopping? Republic day isn't a religious or cultural festival and just a national day. Nothing significant except parades happen on this day and the pickup in "shopping" isn't even close to what people spend during wedding season.
 

SKC

Senior Member
Joined
Aug 16, 2014
Messages
1,036
Likes
3,243
Country flag
Even if you vaccinate 10 million people everyday, even then also it will take 4 months to vaccinate all Indians.
We don't need to vaccinate whole India. It was calculated by various scientific agencies that only up to 30-35 crore Indian are needed to be vaccinated.
 

Latest Replies

Global Defence

New threads

Articles

Top