Indian Economy: News and Discussion

[Suryavanshi]

UP is seeing investment in the defence manufacturing sector, it along with Bihar can use their fertile lands for agri products, with a population closing to many countries they can/have the capability to invest in multiple sectors.

Where there is will there is a way, the scale of human effort can split the sky and part the oceans

 

[Haldilal]

Ya'll Nibbiars the port of Rewas, Karanja, Agardanda, Jaigad are stuck due to the beaurcercy hurdles.

Ya'll Nibbiars we need to implement the Sugarmala as soon as possible to boost the economy.

 

[N4tsula67]

Ya'll Nibbiars the port of Rewas, Karanja, Agardanda, Jaigad are stuck due to the beaurcercy hurdles.

Bureaucracy ka lafde and Urban Naxals(Pseudo-Environmental Activist included) kabhi development nahi karne dete re bhai kisi bhi city ka.

 

[Haldilal]

Bureaucracy ka lafde and Urban Naxals(Pseudo-Environmental Activist included) kabhi development nahi karne dete re bhai kisi bhi city ka.

Yeah the development is always stuck due to this Odissa is the example. There are not even ready to fund IT project in the state. The patanik is literally keeping the sectors for growth out of the state.

Ya'll Nibbiars there is a city in maharatsra which prospered to set up IOT sectors but the beauracery hurdles keep it from happening. Even the karnataka costal regions are hampered due to the environmental Naxalites.

 

[N4tsula67]

Yeah the development is always stuck due to this Odissa is the example. There are not even ready to fund IT project in the state. The patanik is literally keeping the sectors for growth out of the state.

POSCO project for example state gobarmint signed MoU that project was stuck on land accusations and ran in circle for years eventually. Urban Naxals(CPI and Khangress) never let that project complete eventually POSCO went for some other state in India. Also state ministers are corrupt af no way any company would be interested. They demand share in companies who want to invest in odisha in addition to bribe lmao according to various media reports.

 

[Haldilal]

POSCO project for example state gobarmint signed MoU that project was stuck on land accusations and ran in circle for years eventually. Urban Naxals(CPI and Khangress) never let that project complete eventually POSCO went for some other state in India. Also state ministers are corrupt af no way any company would be interested. They demand share in companies who want to invest in odisha in addition to bribe lmao according to various media reports.

Ya'll Nibbiars and Andhar pradesh got benefit of it. Cuttak and buneshwar has potential for growth engine. But are delicately kept for not to become. We need development of the Andaman and nicobar to have connectivity with the SEA. And we need to have total dominavebin the MEA markets. That that is only possible by developing Costal cities. Cuttak is underdeveloped. And balisiar need to become an important city like how it was in its past and the heydays.

 

[Alok1988]

How much it costing you ? Does this scheme include battery and other equipment or just solar pa

4 lakh 30 thousand after centre subsidy and sate subsidy is 30 k which the will return in months or years.. No battery its is on grid with net metering. Just want to reduce my bill in summer to minimum my setup produces avg 40 unit daily and in summer it may increase as it calculated on early production.. And in summer my consumption is 55 unit daily

 

[Haldilal]

Ya'll Nibbiars even during the Raj. The odiaha was more prosperous than its now. The Patanik has ruined any economy potentials of the state. Every thing is like a License raj running in the state. For every little permission you need to ask the state governments permission. It's like the odisha is stuck in the License Raj Periods.

 

[N4tsula67]

Ya'll Nibbiars even during the Raj. The odiaha was more prosperous than its now. The Patanik has ruined any economy potentials of the state. Every thing is like a License raj running in the state. For every little permission you need to ask the state governments permission. It's like the odisha is stuck in the License Raj Periods.

It was ruined by Khangress till early 90s. Then a short happy time came under Biju Pattnaik(Father of Nabin Patnaik) he was a good CM. Then when he died his incompetent son got his post. Now he is getting vote in name of his father and freebies. He is busy stealing credit for development project done by central government. Very similar to Penguin Sarkar.

 

[Haldilal]

It was ruined by Khangress till early 90s. Then a short happy time came under Biju Pattnaik(Father of Nabin Patnaik) he was a good CM. Then when he died his incompetent son got his post. Now he is getting vote in name of his father and freebies. Very similar to Penguin Sarkar.

Atleast people here are unhappy with the penguin sarkar. But patnaik still have huge following in the state despite the NDA getting in.

 

[Alok1988]

I will give feed back when its installation is completed.. And one major point is subsidy is on that system which uses wafer processed in india to form chip that why monocrystalline is not available and only poly crystalline is in market.. And rty now i am installing renewsys pannel with effeciecy of 17.2 which is only less of .05 or .06 of adani pannel. And adani pannel is not available in market as they got big project os solar power plant

 

[N4tsula67]

Atleast people here are unhappy with the penguin sarkar. But patnaik still have huge following in the state despite the NDA getting in.

Odias have similar mentality as South India people. Give them freebies they will forget development lol. Navin Patnaik has copied every socialist freebie program of Amma.
He copied every freebies Jaylalitha ever gave to Tamil people lol.

 

[Haldilal]

Odias have similar mentality as South India people. Give them freebies they will forget development lol. Navin Patnaik has copied every socialist freebie program of Amma.
He copied every freebies Jaylalitha ever gave to Tamil people lol.
View attachment 67821

Ya'll Nibbiars i always feel bad that in the economics term Bengaluru has over taken Chennai. In 1970's. The Chennai was the second largest industrial hub after Mumbai. But despite the 90's and early 2000's efforts. The state development is not picking up. When Chennai will claims its lost prestige in the economy. But even Bengaluru had gone trough rough times due to the previous goverment. And in that period Hyderabad covered pretty much.

 

[FalconZero]

Where there is will there is a way, the scale of human effort can split the sky and part the oceans

Allahmudillah jenaab, seedhe quran sharik ki baatein

Odias have similar mentality as South India people. Give them freebies they will forget development lol. Navin Patnaik has copied every socialist freebie program of Amma.
He copied every freebies Jaylalitha ever gave to Tamil people lol.
View attachment 67821

*Happy @Swiftfarts noises*

 

[Indx TechStyle]

Too Ambitious dream.

Will make India a $10 trillion economy by 2030: Piyush Goyal

Railways and Commerce Minister Piyush Goyal, speaking exclusively to ET NOW, has said, "India is blessed with number of resources such as natural resources, minerals, skilled manpower, democracy, demographic dividend and market of 1.3 billion.By every estimate, we will be the third largest...

economictimes.indiatimes.com

I hope we are able to, but we should make Mumbai a skyscraper, infrastructur hub and an International level city as it will increase India’s economy by a huge margin.

But but but...

if India becomes 5 Trillion dollar economy by 2025, that means we will need a 25% growth rate to become 10 Trillion dollar economy by 2030, doesn’t it sound like a Jumla? I mean I can trust 2025 5 trillion dollar economy claim but 10 Trillion dollars till 2030 is a big fat jumla or over ambitious. But lets see, Goyal sahab is a respected man.

Is 5 trillion even possible by 2025?

We will suffering contraction in the second quarter and possibly the third too.

I feel like 2027-28 is a more appropriate timeline for 5 trillion considering how much we have suffered and are suffering even now.

$5 trillion by 2025 and even $10 trllions by 2030 is quite realistic if inflation and currency appreciation can go accordingly.

 

[FalconSlayers]

$5 trillion by 2025 and even $10 trllions by 2030 is quite realistic if inflation and currency appreciation can go accordingly.

India tops Asia in bribery, use of personal connections to access public services: Survey report | India News - Times of India

India News: 47% percent people surveyed in India, believe that corruption has increased over the past 12 months while 63% believe that the government is doing a g.

timesofindia.indiatimes.com

Chaukidar sahab bhrashtachar khatam karne ki baat kar rahe thhe shayad.
Aur kaala dhan bhi wapis laane waale thhe.

 

[Knowitall]

India tops Asia in bribery, use of personal connections to access public services: Survey report | India News - Times of India

India News: 47% percent people surveyed in India, believe that corruption has increased over the past 12 months while 63% believe that the government is doing a g.

timesofindia.indiatimes.com

Chaukidar sahab bhrashtachar khatam karne ki baat kar rahe thhe shayad.
Aur kaala dhan bhi wapis laane waale thhe.

Chaukidar seriously.

 

[Knowitall]

We already have many Industrial Corridor Projects so we already know which cities are our cash cows. We need to focus on those. Rapidly need to complete these projects.

Department for Promotion of Industry and Internal Trade | MoCI | GoI

Department of Industrial Policy & Promotion was established in 1995 and has been reconstituted in the year 2000 with the merger of the Department of Industrial Development. Earlier separate Ministries for Small Scale Industries & Agro and Rural Industries (SSI&A&RI) and Heavy Industries and...

dipp.gov.in

11 industrial corridors to come up by FY25, talks for Delhi-Nagpur industrial corridor project development activities to begin soon: DPIIT - The Economic Times

Of these, five projects- Dholera Special Investment Region, Shendra Bidkin Industrial Area, Integrated Industrial Township Greater Noida, Integrated Industrial Township Vikram Udyogpuri and integrated Multi Modal Logistics Hub at Nangal Chaudhary- have already been approved, the department said...

m.economictimes.com

Driving India's Future: Development and Impact of Industrial Corridors

Discover the extensive impact and growth potential of India's industrial corridors - from the strategic infrastructure to economic empowerment

www.makeinindia.com

Are there any updates being posted about these economic corridors anywhere.

 

[NAMICA]

Chaukidar seriously.

Atleast try to be subtle with your bullshit.

It's true we also gave bribe to patwari for land related work. Bureaucratic reforms are still pending.

 

[Suryavanshi]

It's true we also gave bribe to patwari for land related work. Bureaucratic reforms are still pending.

bureaucracy is a billion dollar hawala racket

2 core from a junior engineer

Did Demonetisation Really Kill Black Money? Rs 2.5 Cr Cash Seized From Jharkhand Engineer's Home