Indian Economy: News and Discussion

[Haldilal]

Ya'll Nibbiars The entrepreneur Anupam Mangudkar has been working to help colleges and universities make the digital shift since 2011. Anupam, along with his brother, Utkarsh Mangudkar, and former colleague, Ramkrishna Kulkarni, launched Pune-based WeShine Tech Pvt Ltd to provide examination process automation solutions. Its flagship product, UniApps, provides a suite of applications that help automate university examination processes. It also enables complete student lifecycle management, from student enrolment to issuing certificates. Anupam, who was working as a software engineer in 2008, reveals that he faced some difficulties while using their internal training assessment evaluation platform.

After this, the team connected with several educational institutes to understand more about their issues related to generating and managing question papers, managing student results, online assessment of the papers among others, and came up with tech solutions to solve them. Now, all these applications have been consolidated and are provided under the UniApps suite. Apart from the online examination system, the UniApps suite also allows institutes to help in online onboarding of students, managing question papers, online marking of tests, and processing results among others.

 

[sorcerer]

India's crude steel output grows 46.9% to 9.2 mn tonnes in May: Report
Press Trust of India

3-4 minutes



India registered a 46.9 per cent year-on-year growth in its crude steel output at 9.2 million tonnes (MT) in May, according to worldsteel data.
The country had produced 5.8 MT steel in the same month a year ago.

India's crude steel output grows 46.9% to 9.2 mn tonnes in May: Report

India registered a 46.9 per cent year-on-year growth in its crude steel output at 9.2 million tonnes in May, according to worldsteel data

www.business-standard.com

 

[FalconSlayers]

A new Industrial town @IndianHawk ...

https://www.constructionweekonline.in/projects-tenders/18304-hsiidc-issues-tender-for-industrial-model-township-kharkhoda-project-cost-is-rs-23735-crore

 

[FalconSlayers]

@Haldilal

Mumbai: Green nod to section of Virar-Alibaug multi modal corridor project

First envisioned in 2008, the project was initially being handled by the Mumbai Metropolitan Region Development Authority (MMRDA) before being handed over to the MSRDC.

indianexpress.com

 

[FalconSlayers]

Gujarat government okays development of greenfield port at Nargol

As port projects have huge gestation lags, the Gujarat government is setting a precedent by keeping the initial BOOT period for Nargol port development at 50 years, rather than 30 years usually offered for greenfield port development in the state.

www.financialexpress.com

 

[FalconSlayers]

Nitin Gadkari approves 11 new road projects for Haryana

Construction of interchange on Eastern Peripheral Expressway to link Palwal-Aligarh National Highway (NH-334D) in Palwal district will be undertaken for Rs 65 crore.

indianexpress.com

 

[sauntheninja]

India's crude steel output grows 46.9% to 9.2 mn tonnes in May: Report
Press Trust of India

3-4 minutes



India registered a 46.9 per cent year-on-year growth in its crude steel output at 9.2 million tonnes (MT) in May, according to worldsteel data.
The country had produced 5.8 MT steel in the same month a year ago.

India's crude steel output grows 46.9% to 9.2 mn tonnes in May: Report

India registered a 46.9 per cent year-on-year growth in its crude steel output at 9.2 million tonnes in May, according to worldsteel data

www.business-standard.com

Aren't 2020 numbers meaningless because everything was closed

 

[sorcerer]

Aren't 2020 numbers meaningless because everything was closed

compared to the second wave disruption...and 2020 still had production at limited levels
well!

 

[sauntheninja]

Renewable energy sector in India gets $70 bn investment in 7 years

This assumes significance in view of India's ambitious target of having 175 gigawatts (GW) of renewable energy by 2022.

wap.business-standard.com

 

[Haldilal]

Ya'll Nibbiars we had this refrigerator for 30 years.

 

[sorcerer]

Space reforms: India to allow private firms to build and operate launch sites


BENGALURU: India, as part of the ongoing space reforms, will allow Indian private companies to establish and operate their own launch sites and pads aside from permitting launch of their own vehicles and missions that involve re-entry of objects.

Space reforms: India to allow private firms to build and operate launch sites | India News - Times of India

India News: BENGALURU: India, as part of the ongoing space reforms, will allow Indian private companies to establish and operate their own launch sites and pads a.

timesofindia.indiatimes.com

 

[Haldilal]

Ya'll Nibbiars we killed our Soft Drink's Brands for the foreign one's.

 

[Haldilal]

Ya'll Nibbiars

The 'Make in India' initiative during the 1980s, which resulted in rapid growth of the Electronics and IT sectors. However, our efforts in the 1980s resulted in rapid growth in manufacturing of Electronics in the country. The main driver for growth then was change in the landmark Electronic Policy announced in the Parliament by Indira Gandhi on August 26, 1983, thereby abolishing the practice of government licensing for the consumer and industrial electronic sector. This revolutionary change was later followed by several path-breaking policy measures inducted for the growth of the software sector throughout Prime Minister Rajiv Gandhi's tenure.

The results were very impressive. From 1983 till 1990, India's electronic industry output grew eightfold in those 6 years, registering an average annual growth of over 40 per cent! BPL, Sharp, Videocon, Onida, Uptron, ET&T and others grew to be strong competitors, making over 1.3 million television sets, calculators etc. The SME sector was given a push, with the government assisting hundreds of units under the MTB Scheme by providing, for free, proven technology, product design and even full sets of components and parts at low prices, by passing on the benefits of bulk purchase, a benefit that SMEs always lacked.

Participating units were allowed to brand their output with a common ET&T brand, which was promoted centrally through electronic media. The products covered were B&W and colour television sets, personal computers and later, the CDOT Digital Exchanges. Thousands of ET&T's PCXT, People's Computer, offered at Rs 10,000 including three SW packages helped the growth of computer culture. Software policies underwent sharp changes to enable fast-paced growth of software export services; and to enable it speedily, we set up India's first-of-its-kind Software Parks at Bangalore, Pune, Bhubaneshwar and Delhi.

And The Soon afterwards came the blow in 1991, thanks to Dr. Manmohan Singh's prescription for economic growth, which all but destroyed the manufacturing industry in India. Most of the manufacturers disappeared one after the other during the Nineties. The software industry survived as no manufacturing was involved. It has always been selling man-hours at high prices.

 

[sauntheninja]

Ya'll Nibbiars

The 'Make in India' initiative during the 1980s, which resulted in rapid growth of the Electronics and IT sectors. However, our efforts in the 1980s resulted in rapid growth in manufacturing of Electronics in the country. The main driver for growth then was change in the landmark Electronic Policy announced in the Parliament by Indira Gandhi on August 26, 1983, thereby abolishing the practice of government licensing for the consumer and industrial electronic sector. This revolutionary change was later followed by several path-breaking policy measures inducted for the growth of the software sector throughout Prime Minister Rajiv Gandhi's tenure.

The results were very impressive. From 1983 till 1990, India's electronic industry output grew eightfold in those 6 years, registering an average annual growth of over 40 per cent! BPL, Sharp, Videocon, Onida, Uptron, ET&T and others grew to be strong competitors, making over 1.3 million television sets, calculators etc. The SME sector was given a push, with the government assisting hundreds of units under the MTB Scheme by providing, for free, proven technology, product design and even full sets of components and parts at low prices, by passing on the benefits of bulk purchase, a benefit that SMEs always lacked.

Participating units were allowed to brand their output with a common ET&T brand, which was promoted centrally through electronic media. The products covered were B&W and colour television sets, personal computers and later, the CDOT Digital Exchanges. Thousands of ET&T's PCXT, People's Computer, offered at Rs 10,000 including three SW packages helped the growth of computer culture. Software policies underwent sharp changes to enable fast-paced growth of software export services; and to enable it speedily, we set up India's first-of-its-kind Software Parks at Bangalore, Pune, Bhubaneshwar and Delhi.

And The Soon afterwards came the blow in 1991, thanks to Dr. Manmohan Singh's prescription for economic growth, which all but destroyed the manufacturing industry in India. Most of the manufacturers disappeared one after the other during the Nineties. The software industry survived as no manufacturing was involved. It has always been selling man-hours at high prices.

How come our economy then almost tripled in size after 1991 reforms just say that after liberalization our companies coudn;t compete with foreign firms because they had no competition till 1991

 

[Haldilal]

Ya'll Nibbiars

And The But ironically, the reforms of 1991 would probably not have happened without the mistakes of the Rajiv Gandhi government which ran up deficits and kept monetising them. Reserves had been falling steadily since the beginning of the 1980s and debt, including external debt, had been going up. Political uncertainly following the Bofors scandal, the Gulf war and liquidity problems helped create the perfect storm.

It can be argued that if the Rajiv Gandhi government had not been lax about falling foreign exchange reserves and fiscal deficits, the Indian government would have continued in its closed economy path for a few more years. It was the crisis which forced the P V Narasimha Rao government to take a path it might not have taken if it had not inherited the problem.

 

[sauntheninja]

 

[Haldilal]

Ya'll Nibbiars the Television Manufacturing Industry in India.

1968 - 1971

EC Tvs - Black and White

1971–1981

EC Tvs - Black and White

Phillips TVs - Black and White

Uptron TV - Black and White

Konark TV - Black and White

BTV - Black and White

Weston TV - Black and White

1981–1992

EC TV (National Picture Tube) - Color

Weston, Konark, Telerama, Dyanora, Orson (w/ EC Imported National Picture Tubes) - Color

Phillips - Color

BPL (w/ Sanyo.Imported Picture Tubes) - Color

Solidiare (w/ Grundig imported Picture Tubes) - Color

Optonica (w/ JVC later Sharp Picture Tubes) - Color

Videocon (w/ Generic Picture Tubes) - Color

Onida (w/ JVC later Picture Tubes) - Color

1992–1995

BPL, Videocon, Onida, Bush - All with Generic Picture Tubes

Phillips

1995–2002

Akai

Thomson

Grundig

Sanyo

(Import and Assembled)

2002 onwards

Sony, Panasonic, LG, Mi, Micromax etc.

KB.

 

[Spindrift]

Ya'll Nibbiars we killed our Soft Drink's Brands for the foreign one's.

View attachment 96914

We did not kill it. The bloody management at Coca-Cola killed it in favour of the Fanta.

 

[Haldilal]

We did not kill it. The bloody management at Coca-Cola killed it in favour of the Fanta.

Ya'll Nibbiars and who allowed it's?. P.V. Narshima Rao.

 

[sauntheninja]

Ya'll Nibbiars and who allowed it's l?. P.V. Narshima Rao.

You have an unhealthy obsession with this topic check out the poverty rate before 1991 and the average growth rate before and after the reforms and say having an closed economy is the right thing for India