Indian Economy: News and Discussion

HariPrasad-1

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Excellent. Make in India is in beast mode now.
LED lights it has proved to be e a game changer. Electricity requirement for the lightening of any place has reduced to 10 To 20 % of the the requirement in in old methods. It has a big big positive impact by saving electricity reducing the the customer bills etc. Solar energy and electricity storage can play the the key role in the development of the country by reducing the dependency of energy on other countries.
 

FalconZero

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Something good indeed. But may be some other unknown reason .


I would suggest everyone; India and India Gov; stay away from this ponzi scheme.
Did you just call Tesla a Ponzi scheme really? Look at their stocks and their products, Tesla is the future and EVs as a whole are the future. Invest in its stock.

Seriously it's a good deal. Why Govt Creating hurdles.#Sad
View attachment 85593
No, this is a bad idea, you are exporting the control of your internet to a private entity in USA don't make the mistake here. We need an Indian version of Starlink. Also, starlink is slower and expensive than fibernet counterparts which cover most of India now.
 

shade

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Good they have specified this, many AC walas already running assembly operations here, so are LED lightbulb maker, they have specifically mentioned imported AC sub-combponents like Compressors and the LED chip that is the core of an LED lightbulb.

Good to see Govt paying attention to all little details.
 

ezsasa

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Good they have specified this, many AC walas already running assembly operations here, so are LED lightbulb maker, they have specifically mentioned imported AC sub-combponents like Compressors and the LED chip that is the core of an LED lightbulb.

Good to see Govt paying attention to all little details.
can someone please design an AC which doesn't collect dust or atleast where we can easily clean the dust collected...
 

vampyrbladez

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I did not know where to post this but it seems there is massive multidimensional push against India and it's economy/ pharma industry by the 'ecosystem' and it's tentacles. Just look at these headlines and tell me if you don't see a pattern forming :








 

HariPrasad-1

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We can not be a great economy if we fail to explore the strength and resources we have in agriculture based country. Therefore, we must focus on the projects like this and Methanol and biogas to be used as fuel.
If we are able to substitute only a part of our big energy requirement by the resources derived from agriculture and animal husbandry, we can change the future of our villages and farmers. We can make our villages self sustainable. Once Nitin Gadkari had very rightly said that instead of spending 10 billion dollars in a refinery , if we invest those money in methanol and small projects, we can change the future of the country. It is very unfortunate that when we think of any solution, we think in terms of big projects. Micro solutions available locally. We need to focus on energy needs derived from agriculture and animal husbandry and waste management, than we can be a real winner. It will and the Strengthen our farmers. It will end the dependance of our villages, it will solve our pollution problem, it will reduce our dependency on crude oil import and will relieve the pressure on our foreign exchange. It is a Win-Win model for the country and the people of the country. What we just need is the vision and willingness to work by our politicians.
 

Chandragupt Maurya

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We can not be a great economy if we fail to explore the strength and resources we have in agriculture based country. Therefore, we must focus on the projects like this and Methanol and biogas to be used as fuel.
If we are able to substitute only a part of our big energy requirement by the resources derived from agriculture and animal husbandry, we can change the future of our villages and farmers. We can make our villages self sustainable. Once Nitin Gadkari had very rightly said that instead of spending 10 billion dollars in a refinery , if we invest those money in methanol and small projects, we can change the future of the country. It is very unfortunate that when we think of any solution, we think in terms of big projects. Micro solutions available locally. We need to focus on energy needs derived from agriculture and animal husbandry and waste management, than we can be a real winner. It will and the Strengthen our farmers. It will end the dependance of our villages, it will solve our pollution problem, it will reduce our dependency on crude oil import and will relieve the pressure on our foreign exchange. It is a Win-Win model for the country and the people of the country. What we just need is the vision and willingness to work by our politicians.
Yeah we should become 100% self reliant in energy sector we have to find ways to substitute the imported crude oil
And the next most important thing is developing inland waterways on rivers to reduce transportation cost so that our finished products are cheap
 

DerBronzeLord

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Anyone here know when interest rate going up again cause low interest and inflation killing me
Not any time soon. A good indicator would be a few months after the US Fed increases rates. Then, investments into stocks(which has been insane at this point) goes down, markets crash, and then, we can expect an even higher inflation. IMO, put money into stocks, which is just going crazy right now. Pull out after cases reduce.
 

another_armchair

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Anyone here know when interest rate going up again cause low interest and inflation killing me
On the contrary, expect a rate cut as soon as we have a reasonable control over Covid with over 50-60% of our population vaccinated.

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Even if rates do go up, the depositor will remain at the losing end.

Check the difference between Repo Rate, Base Rate and Term Deposit Rate. The loot lies somewhere in between. Effin bwankers.

View attachment 85800
 

HariPrasad-1

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Yeah we should become 100% self reliant in energy sector we have to find ways to substitute the imported crude oil
And the next most important thing is developing inland waterways on rivers to reduce transportation cost so that our finished products are cheap
To become 100% self-sufficient is not possible nor it is desirable. However, we should at least make it sure that we do not import anything which we can easily produce in our country. All the time , we have been doing this only. In the time of Chidambaram, we imported 70 billion US dollars of capital goods every year. This was that good which we used to produce in India with much better quality. We allowed our power companies to import ultra mega power plants from China. Our Indian companies were very much capable of producing the same here in India with much better quality. The problem with us is that we never acted as per our potential. We simply allowed our people to import so many things starting from pencil cell to turbine to be imported. Ours is a history of missed opportunities and very defensive economic policies.
 

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