Indian Economy: News and Discussion

[Chandragupt Maurya]

Because up was already big ,while other similar states contracted ,it grew .

Buhar is much smaller

Yeah GDP of UP was already 254 billion dollars so adding 14 billion dollars is not a big deal but I didn’t find any data showing the GSDP of Bihar in 2021 let’s wait for August-September

 

[Chandragupt Maurya]

Up and bihar have nothing .
Rajasthan has uranium.

Bihar may have some uranium

Groundwater in 10 Bihar districts contaminated by uranium: Study

Researchers yet to find the source of uranium in groundwatertyle=opacit

www.downtoearth.org.in

 

[FalconSlayers]

 

[Suryavanshi]

Jharkhand is the leading producer of mineral wealth in the country.
Jharkhand is endowed with vast natural resources specially the vast variety of minerals ranging from Iron ore, Coal, Copper ore, Mica, Bauxite, Fire clay, Graphite, Kyanite, Sillimanite, Lime stone, Uranium & other minerals.

Guess who else has all these things and more. YES Africa. Just possessing resource isnt going to cut it, one must possess the infra to extract it, Factories to process it, market to sell it.
Iron cost 20 Rs a kg the same piece of Iron when made into a Veriner calliper costs some 5000 Rs.
Value addition is the key.
Just having mines won't cut it, the gov in power must provide friendly businesses model and primary infra and skill for the resource to be put into good use.

 

[FalconSlayers]

Guess who else has all these things and more. YES Africa. Just possessing resource isnt going to cut it, one must possess the infra to extract it, Factories to process it, market to sell it.
Iron cost 20 Rs a kg the same piece of Iron when made into a Veriner calliper costs some 5000 Rs.
Value addition is the key.
Just having mines won't cut it, the gov in power must provide friendly businesses model and primary infra and skill for the resource to be put into good use.

Welcome back janaab!!! how was the undercover operation in China?

 

[Maharaj samudragupt]

Guess who else has all these things and more. YES Africa. Just possessing resource isnt going to cut it, one must possess the infra to extract it, Factories to process it, market to sell it.
Iron cost 20 Rs a kg the same piece of Iron when made into a Veriner calliper costs some 5000 Rs.
Value addition is the key.
Just having mines won't cut it, the gov in power must provide friendly businesses model and primary infra and skill for the resource to be put into good use.

Adani gave 1.25 crore to many people whose land it took for a new thermal power plant to be made in godda district of jharkhand .
Actually, NTPC already has a thermal power plant there, but it is in Bihar.
The adani plant will get coal from Australia and supply power to bongladesh. Meanwhile godda itself produces coal , in lalmatiya colliery, whuch is used in power plants itself.

 

[Chandragupt Maurya]

Guess who else has all these things and more. YES Africa. Just possessing resource isnt going to cut it, one must possess the infra to extract it, Factories to process it, market to sell it.
Iron cost 20 Rs a kg the same piece of Iron when made into a Veriner calliper costs some 5000 Rs.
Value addition is the key.
Just having mines won't cut it, the gov in power must provide friendly businesses model and primary infra and skill for the resource to be put into good use.

Bahot dinon baad dikhe bhai main ap jaise logon ko bhi Bihar ki politics mein aate dekhna chahta hun na ki Kanhaiya Kumar jaise logon ko

 

[Knowitall]

I had said the same thing on this thread a long time back on this thread when the idea of 75% quota had started to come out in the media.

Of course every state is going to do it. You thing all the other people in these countries are fools to let haryana do what they wish to without any consequences.

If they are so incompetent that need a 75% quota to hold on to a decent job then they have no right to get any jobs in my state too.

All the other states need put similar restrictions on haryana because you can't have it both ways.

50,000 per month is 6 lakh pe annum which is like the base CS IT salary offered to students in most tier-2 colleges in India.

This whole idea goes against the very foundations of this nation. If citizen's can't even travel and get jobs in other parts of the country then what is the point of being a country in the first place.

 

[Chandragupt Maurya]

I had said the same thing on this thread a long time back on this thread when the idea of 75% quota had started to come out in the media.

Of course every state is going to do it. You thing all the other people in these countries are fools to let haryana do what they wish to without any consequences.

If they are so incompetent that need a 75% quota to hold on to a decent job then they have no right to get any jobs in my state too.

All the other states need put similar restrictions on haryana because you can't have it both ways.

50,000 per month is 6 lakh pe annum which is like the base CS IT salary offered to students in most tier-2 colleges in India.

This whole idea goes against the very foundations of this nation. If citizen's can't even travel and get jobs in other parts of the country then what is the point of being a country in the first place.

Let every state bring this law and then see how long we can continue this drama we will realize with our mistakes we are a democracy and this is how democracies learn

 

[DerBronzeLord]

Let every state bring this law and then see how long we can continue this drama we will realize with our mistakes we are a democracy and this is how democracies learn

And while we make those mistakes and learn, our demographic dividend would have collapsed, 2040 would have come and gone, and our chances of ever becoming a super power would be done. We can't afford to make mistakes and learn. Not every nation gets a shot at being a superpower, and no nation gets it twice. If democracy fails in this way, better to not have a bloody democracy. China became a major power today due to their will and commitment to becoming a super power, not giving a fuck about what anyone else thought.

 

[IndianHawk]

Gaming sector heating up. This could add billions to indian economy . India shoud dominate this.

Gaming sector in India attracted investments worth $544 million during Aug 2020-Jan 2021: Report

www.deccanherald.com

 

[IndianHawk]

India has 100 unicorns, majority of them set up after 2005, says report

Employing a “rigorous investigation”, the report found more unicorns in India than conventionally reported.

www.hindustantimes.com

New Delhi India has 100 unicorns with a combined market capitalisation of $240 billion, and two-thirds of them have started after 2005 because of remarkable changes in the funding, infrastructure, regulatory and business environment, a Credit Suisse research report has said.


I have been saying this all along. Formalization of economy will reveal a whole lot of economic activity. New startups are shining.

Further in report
Employing a “rigorous investigation”, the report found more unicorns in India than conventionally reported. “An unprecedented pace of new-company formation and innovation in a variety of sectors has meant a surge in the number of highly-valued, as-yet unlisted companies. While conventional Unicorn lists show 30-35 names for India, our exploration reveals a 100 of them!” Credit Suisse’s India Market Strategy report said.

Western lens of looking at India underestimates indian wealth by large . Deeper investigation reveals the truth.

 

[ezsasa]

Gaming sector heating up. This could add billions to indian economy . India shoud dominate this.

Gaming sector in India attracted investments worth $544 million during Aug 2020-Jan 2021: Report

www.deccanherald.com

Indian diet which mostly contains carbohydrates + couch potatoes who will play these games, I wonder what could go wrong!!!

 

[FalconSlayers]

Indian diet which mostly contains carbohydrates + couch potatoes who will play these games, I wonder what could go wrong!!!

It is good for those who can waste their time.

 

[Edinburgh]

Gaming sector heating up. This could add billions to indian economy . India shoud dominate this.

Gaming sector in India attracted investments worth $544 million during Aug 2020-Jan 2021: Report

www.deccanherald.com

The output value of the game industry will be higher and higher, and should increase investment.

 

[Haldilal]

Ya'll Nibbiars @ezsasa Nibba you should talk to my cousin has every Play Station ever released.

Thats includes :

1 . PlayStation.
2 . PlayStation One.
3 . PlayStation 2.
4 . PlayStation 2 Slim.
5 . PlayStation 3.
6 . PlayStation 3 Slim.
7 . PlayStation 3 SuperSlim.
8 . PlayStation 4.
9 . PlayStation 4 Slim.
10 . PlayStation 4 Pro.
11 . PlayStation 5.
12 . PlayStation Pocket.
13 . PlayStationProtable 1,000.
14 . PlayStationProtable 2,000.
15 . PlayStationProtable 3,000.
14. PlayStationPtotable Go.
15 . PlayStationProtable E1,000.
16 . PlayStationVista.
17 . Sony Xperia Play.
18 . PlayStation X.
19 . PlayStation Vista.
20 . PlayStation TV.
21 . PlayStation Classic.

 

[doreamon]

I had said the same thing on this thread a long time back on this thread when the idea of 75% quota had started to come out in the media.

Of course every state is going to do it. You thing all the other people in these countries are fools to let haryana do what they wish to without any consequences.

If they are so incompetent that need a 75% quota to hold on to a decent job then they have no right to get any jobs in my state too.

All the other states need put similar restrictions on haryana because you can't have it both ways.

50,000 per month is 6 lakh pe annum which is like the base CS IT salary offered to students in most tier-2 colleges in India.

This whole idea goes against the very foundations of this nation. If citizen's can't even travel and get jobs in other parts of the country then what is the point of being a country in the first place.

On the +ve side labour inspector or any other officer in charge ll be in a escatic mood .. He ll have a field day .

 

[sauntheninja]

My personal opinion is that video games should be discouraged in India, I am noticing a correlation between social interaction immaturity & video games addicts.

The problem with lot of these things is people see video games as the cause but not the other way round People play games because they have certain problems in their life which they aren't willing to solve or don't have the resources to solve and use it as a way for escapism people should be able to regulate themselves or if they are kids parents should the onus shouldn't fall in the hands of the government who will just ban these things because they are so out of touch

 

[sauntheninja]

The output value of the game industry will be higher and higher, and should increase investment.

The money currently is in mobile a chinese game made 400 million in the first two weeks it released if any Indian developer can tap into the South east asian market along with China the money to be made there is immense

Genshin Impact Generates Close To $400 Million in First Two Months, Averaging More Than $6 Million a Day

Hit RPG picked up $148 million in its second month, Sensor Tower data shows.

sensortower.com

 

[Sehwag213]