Indian Economy: News and Discussion

Heat

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Indian crypto Polygon surges as China doubles down on cryptocurrency restrictions.
 

IndianHawk

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Man the govt spends too much on farmers.

Until and unless the system is changed and new techniques and laws brought in huge sums of public money will continue going into a bottomless pit for no reason.
Farmers are half the nations population. Not helping them means increase in poverty and destitution.

Also you can't win any election .

The only solution is faster development of economy so that naturally farmers change occupation and numbers are decreased.
 

Chandragupt Maurya

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Farmers are half the nations population. Not helping them means increase in poverty and destitution.

Also you can't win any election .

The only solution is faster development of economy so that naturally farmers change occupation and numbers are decreased.
Food processing industry and using ethanol as fuel can help farmers
 

mandestiny

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Looking at progress of jal jeevan mission.


4 crore 18 lakh household have been supplied with tap water connection in just 1.5 years.
Total 19 crore household ( rural) is targeted. Overall 7 crore plus household are already covered .

Funny thing is Bihar has better tap water supply coverage than Kerala . Lol.
India having population around 135 cr, but only around 19cr homes in India ?
 

indus

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Rural houses is the exact word.
Unless the house has pillars it's not considered as a House by definition of the gov
They may have counted Pukka houses as they are considered permanent settlements or houses within local panchayat limits which are recognised.. Kaccha or hut settlements are not counted as houses.
 

FalconSlayers

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This is great for private space sector.


Agnikul raises 11 million usd .
Agnikul and Skyroot both have raised 11 Million USD.
 

shade

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FalconSlayers

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Sarkari gibs are not enough to attract foundries here.
A more comprehensive, multi dimensional plan is needed.
1 Billion every 5 years in a span of 20 years incentive is what will attract chip companies here.
Plus we don’t have silicon, how will we make it then? Import silicon?
 

RoaringTigerHiddenDragon

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And BJP IT Cell which should name and shame congress but it isn’t doing anything, I feel BJP should have made Uddhav the CM instead of them being a dog of Congress.
Most of these “bullet train will fail” videos miss one important thing: by the time this line is operational - 2027-2028, India’s economy would be $5 trillion+, giving us a good viability for several HSR lines. Frankly, I thought us building HSR was too early. A semi HSR of around 200kmph needs to be first ensured - will mostly happen after freight traffic is moved to dedicated corridors and making some adjustments in rails in select routes. Also IR needs to develop ways to run 200-250kmph trains on existing rails, as installing new semi HSR capable rails will be too expensive and take years to complete. Once iR finishes the semi HSR projects including all the RRTS type rails, then around 2025 or so we could consider HSR, and build something for operations by 2030. For India, HSR is a post 2025 or 2030s decade project. We have to first pour as much money as possible into making urban infrastructure of our top 100 cities world class. Cities are the engines of growth. HSR is just a distraction for now - really not needed until the 2030s or so.
‘the other thing people fail to realize is - you want to acquire land early even if the project is executed later. In a country like India, land costs can make or break a project. Consider why De;hi Mumbai expressway had to be routed through traditionally backward areas - much cheaper land. MH government are fools to not acquire land right now even if project is constructed later on. As our economy grows, so will the land prices gallop, and the whole project will become 50-60% more expensive. Our infrastructure cost overruns are already between $75-90 billion dollars. That is like 5 HSR rail projects already. This is what socialist politicians don’t get but a business minded party like the BJP totally gets. For infrastructure projects to succeed, the input costs have to be as low as possible. Shiv Sena needs to get its face out of its ass now and act to acquire land ASAP.
 
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shade

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1 Billion every 5 years in a span of 20 years incentive is what will attract chip companies here.
Plus we don’t have silicon, how will we make it then? Import silicon?
Silicon can be extracted from sand
That is not the problem, the problem is making a 6ft tall 30cm diameter perfect silicon crystal/ also called ingot from which 30cm diameter wafers are cut using a special saw to ensure both top and bottom sides are smooth.
Upon these wafers are the chips made, around 100-150 I think.
Good for us the Wafers can be imported, most fabs get their wafers from a 3rd party company or another facility, wafers not produced in the foundry, foundry is only for fabricating the chips.
 

sauntheninja

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Most of these “bullet train will fail” videos miss one important thing: by the time this line is operational - 2027-2028, India’s economy would be $5 trillion+, giving us a good viability for several HSR lines. Frankly, I thought us building HSR was too early. A semi HSR of around 200kmph needs to be first ensured - will mostly happen after freight traffic is moved to dedicated corridors and making some adjustments in rails in select routes. Also IR needs to develop ways to run 200-250kmph trains on existing rails, as installing new semi HSR capable rails will be too expensive and take years to complete. Once iR finishes the semi HSR projects including all the RRTS type rails, then around 2025 or so we could consider HSR, and build something for operations by 2030. For India, HSR is a post 2025 or 2030s decade project. We have to first pour as much money as possible into making urban infrastructure of our top 100 cities world class. Cities are the engines of growth. HSR is just a distraction for now - really not needed until the 2030s or so.
‘the other thing people fail to realize is - you want to acquire land early even if the project is executed later. In a country like India, land costs can make or break a project. Consider why De;hi Mumbai expressway had to be routed through traditionally backward areas - much cheaper land. MH government are fools to not acquire land right now even if project is constructed later on. As our economy grows, so will the land prices gallop, and the whole project will become 50-60% more expensive. Our infrastructure cost overruns are already between $75-90 billion dollars. That is like 5 HSR rail projects already. This is what socialist politicians don’t get but a business minded party like the BJP totally gets. For infrastructure projects to succeed, the input costs have to be as low as possible. Shiv Sena needs to get its face out of its ass now and act to acquire land ASAP.
This MH government has totally freezed on so many infrastructure projects meanwhile land acquisition is going so great
 

shade

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Most of these “bullet train will fail” videos miss one important thing: by the time this line is operational - 2027-2028, India’s economy would be $5 trillion+, giving us a good viability for several HSR lines. Frankly, I thought us building HSR was too early. A semi HSR of around 200kmph needs to be first ensured - will mostly happen after freight traffic is moved to dedicated corridors and making some adjustments in rails in select routes. Also IR needs to develop ways to run 200-250kmph trains on existing rails, as installing new semi HSR capable rails will be too expensive and take years to complete. Once iR finishes the semi HSR projects including all the RRTS type rails, then around 2025 or so we could consider HSR, and build something for operations by 2030. For India, HSR is a post 2025 or 2030s decade project. We have to first pour as much money as possible into making urban infrastructure of our top 100 cities world class. Cities are the engines of growth. HSR is just a distraction for now - really not needed until the 2030s or so.
‘the other thing people fail to realize is - you want to acquire land early even if the project is executed later. In a country like India, land costs can make or break a project. Consider why De;hi Mumbai expressway had to be routed through traditionally backward areas - much cheaper land. MH government are fools to not acquire land right now even if project is constructed later on. As our economy grows, so will the land prices gallop, and the whole project will become 50-60% more expensive. Our infrastructure cost overruns are already between $75-90 billion dollars. That is like 5 HSR rail projects already. This is what socialist politicians don’t get but a business minded party like the BJP totally gets. For infrastructure projects to succeed, the input costs have to be as low as possible. Shiv Sena needs to get its face out of its ass now and act to acquire land ASAP.
SS is not a socialist party
They are obstructing the project because of ego issue and hatred of BJP.
Their point is only spiting Babaji and AS.
 

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