Indian Economy: News and Discussion

fire starter

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oh yes ...the only high IQ IIT/IIM mind who can say productive things...lol. if you want others to say productive stuff, you need to start saying productive things first that makes any sense. I come from a business family which voted for Jan Singh - the ancestors of BJP - even in the 1970s. We supported BJP when they had 2 seats. And we know exactly what is going on in the economic scene and how the stupid Congressis nationalizing industries collapsed the whole market and bankrupted the country in 1991. So, take your randi Rhonda elsewhere.

So your claim “we dont produce things of value”? When are you going to take back this foolish statement?
No point in replying to him he is known defaulter here no matter how much facts you throw in his face he will continue to repeat same things. Sometimes I wonder if these are scamgress IT Cell bots to spread disinformation.
 

Heat

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they are the second largest economy today and are poised to surpass usa gdp this decade other countries can keep bickering but they will still want to trade with them
China will eventually become something like a glorified Japan. It will become rich.

However with a contracting population base, it won't remain a major threat for countries like India, US or Russia like it is now. This is not exactly a bad outcome for China.
According to almost all Chinese posters on DFI if a peaceful and prosperous China is all they want then a Japan like future is an ideal outcome for them.

Maybe Indo-China relations might even become good once this 20 year window lapses.
 

sauntheninja

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China will eventually become something like a glorified Japan. It will become rich.

However with a contracting population base, it won't remain a major threat for countries like India, US or Russia like it is now. This is not exactly a bad outcome for China.
According to almost all Chinese posters on DFI if a peaceful and prosperous China is all they want then a Japan like future is an ideal outcome for them.

Maybe Indo-China relations might even become good once this 20 year window lapses.
Reaching the per capita income of the west or japan is still quite difficult and they can't just brute force their way like they did for the last 40 years and China will always be a threat to us just because their economy is so much larger than us it depends on how quickly we can close their gap before their decline happens
 

fooLIam

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China will eventually become something like a glorified Japan. It will become rich.

However with a contracting population base, it won't remain a major threat for countries like India, US or Russia like it is now. This is not exactly a bad outcome for China.
According to almost all Chinese posters on DFI if a peaceful and prosperous China is all they want then a Japan like future is an ideal outcome for them.

Maybe Indo-China relations might even become good once this 20 year window lapses.
CCP have grand ambitions and so far they hve achieved it quite efficiently So they are not going to stop until they achieve it. CCP being friendly with india is not going to happen either untill it leave tibet.
And topic of population. I think it will not hamper their objectives,they does not have hostile minority like india and they are heavily investing in AI and Robotics,other 4th industrial revolution related tech.
 

IndianHawk

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See the speed


Remdsiver production ramped up 4 times when required. This is manufacturing prowess.

Btw covid cases are falling rapidly and recovery rising. In jabalpur Oxygen plants are now running part time only as there is surplus oxygen.

In my small city there is a new oxygen plant coming from Italy. 100 + oxygen beds were beds were added just a few days ago. This is all massive for this small city .

Covid overwhelmed our facility for few weeks now things are under control it seems.

We are back on track to very fast recovery.
 

RoaringTigerHiddenDragon

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No point in replying to him he is known defaulter here no matter how much facts you throw in his face he will continue to repeat same things. Sometimes I wonder if these are scamgress IT Cell bots to spread disinformation.
Yeah I think he is a fraud. Bekaar aadmi hai. Jhoot bol raha hai, saala. Mere buzurgon ko patha tha pachas saal pehle hi kaise congressi naalayakon bharat ko doob maar denge. Wahi hua 1991 mein. Us samay sadakh key har koney mein bhookh,nange log bina kapde ya chappal ghoom rahe thein. Elections happened every two-three years and parties like Janata dal destroyed the country further. Poori duniya hans rahe thein or Porki log hamare yahan aathankvaad kar rahe thein. In chutiyon ko samajhna chahiye ki congressi aur socialist bathameezon ne kithna bigada bharat ko. Lekin yeh log aa jaate hein yahan ulta bolne ke liye . Atal ji kei aane ke baad hi desh zhor se tarakki karna shuru ki ya. Par, Janata log congressi aur communist logon ko phir aake bitha liya. Das saal ke baad ab Modi sarkar desh ko unnathi ke path mein theevraghati se chala raha hai, par in chutiyon yeh sahaj nahi paa rahein hain, aur har jagah patthar baazi aur shor macha rahein hain. Bengal mein haalat dekho. Yahi karte hein sab jagah yeh iit/iim educated communist aur socialist gaddhon. Iit educated kejriwal ke nautanki tho hum sabko patha hai hi.
 

Lonewolf

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Yeah I think he is a fraud. Bekaar aadmi hai. Jhoot bol raha hai, saala. Mere buzurgon ko patha tha pachas saal pehle hi kaise congressi naalayakon bharat ko doob maar denge. Wahi hua 1991 mein. Us samay sadakh key har koney mein bhookh,nange log bina kapde ya chappal ghoom rahe thein. Elections happened every two-three years and parties like Janata dal destroyed the country further. Poori duniya hans rahe thein or Porki log hamare yahan aathankvaad kar rahe thein. In chutiyon ko samajhna chahiye ki congressi aur socialist bathameezon ne kithna bigada bharat ko. Lekin yeh log aa jaate hein yahan ulta bolne ke liye . Atal ji kei aane ke baad hi desh zhor se tarakki karna shuru ki ya. Par, Janata log congressi aur communist logon ko phir aake bitha liya. Das saal ke baad ab Modi sarkar desh ko unnathi ke path mein theevraghati se chala raha hai, par in chutiyon yeh sahaj nahi paa rahein hain, aur har jagah patthar baazi aur shor macha rahein hain. Bengal mein haalat dekho. Yahi karte hein sab jagah yeh iit/iim educated communist aur socialist gaddhon. Iit educated kejriwal ke nautanki tho hum sabko patha hai hi.
Sir everything is ok but don't call iit /iim communist gadhe , we had manohar parrikar too , i too wanna go to one of these ,this year so it hurts a bit , yeah communist jerk are present in humongous quantity in all indian colleges
 

IndianYonko

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Yeah I think he is a fraud. Bekaar aadmi hai. Jhoot bol raha hai, saala. Mere buzurgon ko patha tha pachas saal pehle hi kaise congressi naalayakon bharat ko doob maar denge. Wahi hua 1991 mein. Us samay sadakh key har koney mein bhookh,nange log bina kapde ya chappal ghoom rahe thein. Elections happened every two-three years and parties like Janata dal destroyed the country further. Poori duniya hans rahe thein or Porki log hamare yahan aathankvaad kar rahe thein. In chutiyon ko samajhna chahiye ki congressi aur socialist bathameezon ne kithna bigada bharat ko. Lekin yeh log aa jaate hein yahan ulta bolne ke liye . Atal ji kei aane ke baad hi desh zhor se tarakki karna shuru ki ya. Par, Janata log congressi aur communist logon ko phir aake bitha liya. Das saal ke baad ab Modi sarkar desh ko unnathi ke path mein theevraghati se chala raha hai, par in chutiyon yeh sahaj nahi paa rahein hain, aur har jagah patthar baazi aur shor macha rahein hain. Bengal mein haalat dekho. Yahi karte hein sab jagah yeh iit/iim educated communist aur socialist gaddhon. Iit educated kejriwal ke nautanki tho hum sabko patha hai hi.
I can understand your frustration. No matter how much you scream no one is going to listen. Everybody here dreams of a government job. That's the end line. Socialism and Communism is a disease that has destroyed the nation's core.

But no point blaming the entire institute. IITs are still RW at the core, but slowly socially media hangover is taking over them. No point calling them gadhon. I'm sure many others here are also from IITs/IIMs.
 

Heat

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CCP have grand ambitions and so far they hve achieved it quite efficiently So they are not going to stop until they achieve it. CCP being friendly with india is not going to happen either untill it leave tibet.
And topic of population. I think it will not hamper their objectives,they does not have hostile minority like india and they are heavily investing in AI and Robotics,other 4th industrial revolution related tech.
Things like AI and 4th Industrial rev cannot help much when you simply do not have new people in your country to sell products to. It certainly will help in stopping economic contraction, but these won't help fuel economic expansion.

I always point towards Japan when people talk about Chinese exceptionalism. Japan in 80s was far more innovative than what China is even today and was a pioneer in automated manufacturing. Even that wasn't enough to save them from stagnation.

There is a reason why China attacked us in a desperate attempt to settle the border issue right at the beginning of this 20 year window and has ratchet-up the pressure on Taiwan.
They are trying to speedrun though their geopolitical to-do list.
 

Chandragupt Maurya

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Explained: How rice and wheat exports hit record high
Thanks to surplus grain, exports in a pandemic year crossed 13 mn tonnes for rice, an all-time high, and 2 mn tonnes for wheat, the highest since 2014-15

 

fooLIam

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Things like AI and 4th Industrial rev cannot help much when you simply do not have new people in your country to sell products to. It certainly will help in stopping economic contraction, but these won't help fuel economic expansion.

I always point towards Japan when people talk about Chinese exceptionalism. Japan in 80s was far more innovative than what China is even today and was a pioneer in automated manufacturing. Even that wasn't enough to save them from stagnation.

There is a reason why China attacked us in a desperate attempt to settle the border issue right at the beginning of this 20 year window and has ratchet-up the pressure on Taiwan.
They are trying to speedrun though their geopolitical to-do list.
What if they find other markets and forced or sell them their products.
What if by then they replace usa.
Today, Out of all nation, CCP does not compromise on national interest.there could go many things wrong in coming time, untill 2020 everything was going good and suddenly chinese virus came.all countries economy toik hit.

Disclaimer: i really admire PRC for what they did with their economy and how are they are looking out for their national interest.
 

Okabe Rintarou

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Things like AI and 4th Industrial rev cannot help much when you simply do not have new people in your country to sell products to. It certainly will help in stopping economic contraction, but these won't help fuel economic expansion.

I always point towards Japan when people talk about Chinese exceptionalism. Japan in 80s was far more innovative than what China is even today and was a pioneer in automated manufacturing. Even that wasn't enough to save them from stagnation.

There is a reason why China attacked us in a desperate attempt to settle the border issue right at the beginning of this 20 year window and has ratchet-up the pressure on Taiwan.
They are trying to speedrun though their geopolitical to-do list.
They will move up the value chain. That creates higher paying jobs which drives up consumption without requiring an increasing population. China's expansion will slow down, but not end. Industry 4.0 will create new avenues for jobs and lead to a general increase in quality of life; the disruption it brings will allow leapfrogging opportunities. China won't be able to rely on population growth for economic growth but it still has innovation led growth to look forward to. How successful they will be at it is debatable, but the fact that they will grow is not. That is a fact.
.
That speed-running bit made me crack up. Its like Minecraft manhunt: Dream vs 4 Hunters Rematch (4 Hunters being the Quad)
 

Heat

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What if they find other markets and forced or sell them their products.
What if by then they replace usa.
Today, Out of all nation, CCP does not compromise on national interest.there could go many things wrong in coming time, untill 2020 everything was going good and suddenly chinese virus came.all countries economy toik hit.

Disclaimer: i really admire PRC for what they did with their economy and how are they are looking out for their national interest.
Yes, what if they keep selling to other markets to maintain the economic expansion ?
China's growing per capita income won't allow that from happening. As a matter fact low tier manufacturing has already started moving out of China. The next to move out will be all kind of mid tier assembly jobs. Sure, Chinese workers will move up the chain, but then again that's exactly what has happened with all major manufacturing based economies in the world.
Low tier mfg -> Increased per capita -> Mid-tier mfg -> TFR below 2 -> Services/High tier mfg -> Stagnation

The automation and AI will help China in maintaining it's economy, in absence of which their economy will outright contract (Roos says hi) .
 

RoaringTigerHiddenDragon

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I can understand your frustration. No matter how much you scream no one is going to listen. Everybody here dreams of a government job. That's the end line. Socialism and Communism is a disease that has destroyed the nation's core.

But no point blaming the entire institute. IITs are still RW at the core, but slowly socially media hangover is taking over them. No point calling them gadhon. I'm sure many others here are also from IITs/IIMs.
Yeah maybe I got a bit angry there. No disrespect to well meaning, patriotic iit folks. They are an asset to the country. And there are a lot of them - from DRDO to industry CEOs. That’s right there were wonderful people like Parrikar ji in BJP as well. I am a bit frustrated as people like metro man Sreedharan who did so much for the country got defeated in Kerala. My point is people like gadkari ji, Goyal ji , Sreedharan ji did not go to IITs but still are doing a fantastic job. We need more energetic, visionary people like them. Congress people were the ones who boasted look we have Harvard people, Chicago people, world bank people etc., but what did they really do for this country? Chidambaram from Harvard even looted the country. And people like Raghu Rajan did nothing despite Chicago university elite professor credential. That is why I don’t think these big college names alone mean anything. We all know how mani Shankar Aiyar with his elite education called modi ji a neech kiSam ki aadmi, chaiwallah etc. We need people to do things and make our country great.if that comes from elite people, so be it. But if it comes from pe who just finished high school, so be it. Everyone needs to understand how to work hard and contribute- not just boast of 7 figure taxes, iit this, iim that.
 

Rassil Krishnan

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They added 1 trillion dollars to their economy every year since the 2000's.
They did this feat because they are an efficient government like all Communist one party dictatorships.
And they had a limitless source of Capital in the form of Western and later East Asian investment bucks, not to mention the Chinese diaspora money from HK, Taiwan etc.
they are not a communist definetly,they dont believe in and most importantly do not practise communism-state owner ship of all resources and capital.they just have an authoritarian government which can swoop in on anyone,companies-foreign and domestic and people too. their main aim is to stay in power by giving something to the masses to live for.most people are like cows ,they dont freedom.just live for entertainment and breed and then die.

they actually are an authoritarian country like how UAE is where i used to live.they just regulate the economy in ways that helps their long term power and clout.if anything they remind me of fascism but still different-you could say they have their own 'chinese characteristics'.
 

shade

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they are not a communist definetly,they dont believe in and most importantly do not practise communism-state owner ship of all resources and capital.they just have an authoritarian government which can swoop in on anyone,companies-foreign and domestic and people too. their main aim is to stay in power by giving something to the masses to live for.most people are like cows ,they dont freedom.just live for entertainment and breed and then die.

they actually are an authoritarian country like how UAE is where i used to live.they just regulate the economy in ways that helps their long term power and clout.if anything they remind me of fascism but still different-you could say they have their own 'chinese characteristics'.
It's less communism and more of pic related's "Economic System" if he didn't go full retard and try to anschluss the whole continent.

1621272506654.png
 

shade

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I can understand your frustration. No matter how much you scream no one is going to listen. Everybody here dreams of a government job. That's the end line. Socialism and Communism is a disease that has destroyed the nation's core.

But no point blaming the entire institute. IITs are still RW at the core, but slowly socially media hangover is taking over them. No point calling them gadhon. I'm sure many others here are also from IITs/IIMs.
Some chump comes here and says he's from IIT and IIM for virtue and "intellect"-signaling purposes and you believe him? :bplease:
Notice how by putting this IIT/IIM jhumla the thread has been slightly derailed now?



Yes, what if they keep selling to other markets to maintain the economic expansion ?
China's growing per capita income won't allow that from happening. As a matter fact low tier manufacturing has already started moving out of China. The next to move out will be all kind of mid tier assembly jobs. Sure, Chinese workers will move up the chain, but then again that's exactly what has happened with all major manufacturing based economies in the world.
Low tier mfg -> Increased per capita -> Mid-tier mfg -> TFR below 2 -> Services/High tier mfg -> Stagnation

The automation and AI will help China in maintaining it's economy, in absence of which their economy will outright contract (Roos says hi) .
They are very much capable of releasing a "plague" like this one to kill off the geriatrics and middle aged people who work in manual labour or are "unskilled" in any way to reduce the "burden" of an "unproductive" population, however they define "unproductive"
 

Rassil Krishnan

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CCP have grand ambitions and so far they hve achieved it quite efficiently So they are not going to stop until they achieve it. CCP being friendly with india is not going to happen either untill it leave tibet.
And topic of population. I think it will not hamper their objectives,they does not have hostile minority like india and they are heavily investing in AI and Robotics,other 4th industrial revolution related tech.
friendly with us means cant meaningfully mess with our capabilities.dont believe there will ever be universal piece in the world.there will always be ambition and people and countries to carry forward this.who knows,tomorrow,when space is fully unlocked,you will see manifest destiny,mangalbharat,china must conquer space memes and actions based on it then.

basically anyone not arm twisting us is considered friendly with us.that can be achieved by 2 hands shaking - both the concerned countries kind of coming to equilibrium.in the china case - due to this demographic pressure,if they become a japan like state,it will be a good state,i dont understand why some people have an obsession with population growth,the future will belong to states that have managed high skill labour not bullshit ideology and iq low skill masses like pakistan.we should only worry about lowering the tfr of muzzies inside india and making india powerful,then peace with china will come naturally.

there is no peace in this world other than through strength.if you are weak then it is your fault.so all depends upon india going strong.not that china will lose its ambitions,it is just that it will not be able to mess with us.

I am very realistic about human nature,never believed in kumbaya philosophy,read a history book.
 

no smoking

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Things like AI and 4th Industrial rev cannot help much when you simply do not have new people in your country to sell products to. It certainly will help in stopping economic contraction, but these won't help fuel economic expansion.
Then you have no idea what AI and 4th industrial revolution really are. It is not only about automation but AI sensor and remote control. In another words, by implementing massive scale of new technologies, 60-70 years old workers can be as productive as their 30-40 years colleagues. It will not get new people to sell products, but it will make those late-coming countries harder to compete, especially those who dream to rise with their demographic dividends.

I always point towards Japan when people talk about Chinese exceptionalism. Japan in 80s was far more innovative than what China is even today and was a pioneer in automated manufacturing. Even that wasn't enough to save them from stagnation.
Then you are totally misunderstanding of Japan. There has been always a big difference between Japan and China: China is an 100% independent country but Japan is not. Chinese policies are made in Beijing while Japanese policies are decided by Washington.

There is a reason why China attacked us in a desperate attempt to settle the border issue right at the beginning of this 20 year window and has ratchet-up the pressure on Taiwan.
They are trying to speedrun though their geopolitical to-do list.
:facepalm:
 

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