Indian Economy: News and Discussion

[doreamon]

Wow... This data speaks for itself .

Indian railway electrification
1947 to 2014 - 21,191 km electrified
2014 to 2019 - 18,675 km electrified

 

[HariPrasad-1]

So no, sales won't bring them lot of money as they have to invest.

No but it has already happened. 1000 Crore banana is exported. My post was in response to that post. If we are unable to purchase these agriculture stuff from farmers, they have to sometime discard it without selling. Recently, I saw a video of a farmer who destroyed his tomatoes as the price of the same was not enough to meet the transportation cost.

 

[HariPrasad-1]

Wow... This data speaks for itself .

Indian railway electrification
1947 to 2014 - 21,191 km electrified
2014 to 2019 - 18,675 km electrified

Now this brings in a lots of profit as the running of train is way cheaper than the running train on diesel. Moreover, we have to import Crude oil while we can produce Electricity through Solar or Wind power as well.

 

[Knowitall]

View attachment 91362

What could be the reasons for this?

What's the laugh reacts for I don't get it?

Aisa kya tha usme?

 

[ezsasa]

View attachment 91362

What could be the reasons for this?

all these countries except India have atleast 30-40% of population as tax payers, for India it is just 3%.

so govt revenues are recovered from fuel sales.

Odd one in that list is UK, they produce their own oil and yet tax 60% of cost.

 

[Chandragupt Maurya]

On the ethanol front,
The country, on an average, has achieved a blending percentage of 7.36%, while 11 major states like Uttar Pradesh, Maharashtra, Karnataka, Uttarakhand, Bihar, Haryana, Punjab, Delhi, Goa, Gujarat and Himanchal Pradesh have achieved even higher blending percentage of up to 10%,

Sugar production across India rises 16%; Maharashtra, UP clock similar output figures

Releasing the production figures, Isma said mills in Uttar Pradesh, the country’s largest sugar-producing state, have produced 105.62 lakh tonne of sugar till April 2021, which is 10.90 lakh tonne lower than 116.52 lakh tonne achieved by them last year on the corresponding date.

www.financialexpress.com

 

[Chandragupt Maurya]

UP Tops List Of States With Highest Electric Vehicle Sales In FY21, Followed By Bihar And Karnataka

UP Tops List Of States With Highest Electric Vehicle Sales In FY21, Followed By Bihar And Karnataka

Uttar Pradesh (UP) has emerged as the top state in the country in the sale of Electric Vehicles (EVs) in the in the financial year 2020-21, according to CEEW Centre for Energy Finance (CEEW-CEF)'s electric mobility dashboard, reports Economic Times

swarajyamag.com

 

[Indx TechStyle]

If we are unable to purchase these agriculture stuff from farmers, they have to sometime discard it without selling. Recently, I saw a video of a farmer who destroyed his tomatoes as the price of the same was not enough to meet the transportation cost.

The point you are not getting. No they (needy farmer aren't exporting their crops directly, there are middlemen.
They destroying their crops because of lack of sales in some seasons is a different concern. But pulling small farmers out of poverty on the basis of their small scale farming is impractical because of nearly no profit, sometimes high losses and uncertainty of output.

There is a reason why world urbanised and agriculture was corporatised.

 

[fire starter]

 

[IndianYonko]

Baba economist bhi hai... versatile Baba

 

[ladder]

AUTHORIZED CAPITAL INR 10.0 Lacs
PAIDUP CAPITAL INR 1.0 Lacs

CEO has a yahoo email.

looks legit.

That front page advert charges must have been more than the paid up capital. Did the company borrow from the market for the investment err advertisement?

 

[Indx TechStyle]

Yup though. That is a major factor too.

Economic Complexity Index - Wikipedia

en.m.wikipedia.org

 

[ladder]

Baba economist bhi hai... versatile Baba

Isn't what he has said is true? Many contributors here too have said so.

 

[IndianYonko]

Isn't what he has said is true? Many contributors here too have said so.

I'm not saying its wrong. He used to give news reports and suddenly started writing oped tweets.

 

[mandestiny]

From different sources, infra projects full going on, there is no stoppage in that.

 

[mandestiny]

Baba economist bhi hai... versatile Baba

What written by Baba ? tweet deleted

 

[IndianYonko]

What written by Baba ? tweet deleted

Bang cannot sustain GDP per capita higher than India.

 

[notaname]

The point you are not getting. No they (needy farmer aren't exporting their crops directly, there are middlemen.
They destroying their crops because of lack of sales in some seasons is a different concern. But pulling small farmers out of poverty on the basis of their small scale farming is impractical because of nearly no profit, sometimes high losses and uncertainty of output.

There is a reason why world urbanised and agriculture was corporatised.

This is where FPO(Farmer Producer Organization) comes in where small farmers can open their own company and sell their produce collectively and govt registers the company, with all investing farmer having some part of stake in the organization and if the organization performs good government also supports it to expand by giving grant with other perks.

The theory is like the farmers selling their produce collectively should get better results less exploitation and also able to procure seeds and pesticides at some discounted rates.

There have renewed the scheme and expanded it to the whole country by bringing down the criteria so it should help small farmers now if implemented correctly.

 

[SavageKing456]

 

[mandestiny]

What India lacking is , Indian industries don't innovate things, doesn't invest in R n D and make new products.

I think JIO did great thing by inventing everything in 5G technology, this will benefit him lot.