Indian Economy: News and Discussion

[NutCracker]

An Indian calls another Indian hans. This tells us how this forum works.

Wumaoson. He is not calling that member/mod a han.

It's DW article link.. so if you know, you know .

 

[no smoking]

Don't know what is Japan's matter but thier economy is stagnating since 20 years so i doubt they give a fuck
Meanwhile ZE LAHGEST EKONOMIE IM EUROPA will have a downward slide since it was dependent on cheap Ruzzian Gas that Uncle Sam has prevented them from accessing.

Until end of 2023, Japan's central government's debt alone was 217.3% of total GDP. There is no country on the earth other than Japan has been popping so much money to stimulate their economy.

 

[NutCracker]

Until end of 2023, Japan's central government's debt alone was 217.3% of total GDP. There is no country on the earth other than Japan has been popping so much money to stimulate their economy.

you got a glass house Lil pink. Take convo to your China economy thread.

China's debt-to-GDP ratio climbs to record 287.8% in 2023

Macro leverage ratio rises 13.5 percentage points from year earlier

asia.nikkei.com

.

The macro leverage ratio, which measures total outstanding nonfinancial debt as a share of nominal gross domestic product, rose to 287.8% in 2023, 13.5 percentage points higher than a year ago, according to a report by the National Institution for Finance and Development (NIFD).

Breakingviews - China’s growth is buried under great wall of debt

Where is Wen Jiabao when you need him? China’s former premier is remembered for his decision to unleash a huge state spending plan after the 2008 financial crisis. Today’s leaders wish they could deploy similar fiscal firepower to kickstart their sputtering economy. The options before President...

www.reuters.com

In the 15 years since, China’s debt-to-GDP ratio has doubled to a whopping 280%, opens new tab, with the bulk of liabilities held by local government financial vehicles (LGFVs).

 

[FalconSlayers]

Until end of 2023, Japan's central government's debt alone was 217.3% of total GDP. There is no country on the earth other than Japan has been popping so much money to stimulate their economy.

What is Japan's assets to liabilities ratio and net international investment position as percentage of GDP?
Last I checked Japan is the world's largest creditor.

 

[Arjun Mk1A]

Yesterday there was podcast by MotorInc regarding what happened to Japs Companies at current world order.

Major tidbits.
1. Japanese process-oriented approach is biting their ass now. One Example they talked about it when Honda Launched Unicorn in India, they provided spoke wheels. At the same Bajaj quickly changed to alloys for pulsars. When reporters raised this point to Honda, guy told it will take them 18 months to change spokes to alloys since their process needs to be followed.

2. For their Indian Subsidiary there is always an Japanese CEO. They don't trust Indians at top position.

3. CEO with 2 year tenure in our country does not working out due to their process oriented approach.

Nice podacast to listen.

 

[FalconSlayers]

 

[SKC]

MSP on pulses is increased every year by substantial amount to motivate farmers to grow them. But growing pulses especially Toor,Moong & Urad is a challenging task because of large growth period, prone to damage and low yields. Govt has put in place an ambitious plan to make India self sufficient in pulses in next five years

No, its not that challenging at all. Farmers grow some kind of daal atleast one time during each year in our area.

It's simply Farmers are too much used to Sugarcane, wheat and rice. Literally anyone can grow them with their eye closed in Ganga belt across Northern India.

It will take monumental effort to force them to move to other crops apart from these three.

 

[SKC]

Yesterday there was podcast by MotorInc regarding what happened to Japs Companies at current world order.

Major tidbits.
1. Japanese process-oriented approach is biting their ass now. One Example they talked about it when Honda Launched Unicorn in India, they provided spoke wheels. At the same Bajaj quickly changed to alloys for pulsars. When reporters raised this point to Honda, guy told it will take them 18 months to change spokes to alloys since their process needs to be followed.

2. For their Indian Subsidiary there is always an Japanese CEO. They don't trust Indians at top position.

3. CEO with 2 year tenure in our country does not working out due to their process oriented approach.

Nice podacast to listen.

I don't like Shumi a single bit! He acts like God! but they are issues with Japanese society which are going to kill them. They are expected to lose half their population in next 30-50 years maybe even early.

Japanese don't just trust Indians they don't trust anyone! You can see the Nissan-Carlos Ghosn fiasco!
Japanese society is rotten currently but they have managed to show their 'Japanese are so cool' face to the whole world.
live in Japan for few years and you will understand the issues with their society.

 

[indus]

No, its not that challenging at all. Farmers grow some kind of daal atleast one time during each year in our area.

It's simply Farmers are too much used to Sugarcane, wheat and rice. Literally anyone can grow them with their eye closed in Ganga belt across Northern India.

It will take monumental effort to force them to move to other crops apart from these three.

Bhaisahab one crop cycle of Toor is equivalent to approx 1.5 crop cycle of other crops like wheat, rice or cotton. The entire green revolution was centered around wheat and rice with high yielding varieties (HYV) developed for these crops. No such efforts were taken for pulses. Farmers don't take losing bets. They have become used to sugarcane, wheat precisely for the reason that they are less risky in nature

 

[Psacha1234]

India still have a long way to go to cut these deficits with China.
Right now most of the inputs for our massive infra spending are coming from China, and for most of which (like heavy equipment) there doesn’t seem to be a local alternative.

 

[shade]

An Indian calls another Indian hans. This tells us how this forum works.

Hans is a popular German first name, iirc only they have this first name.
DW is a German publication.

Here i assumed the Chinese are very high iq but then that's very high expectations for a literal 2rs wumao like yourself.

 

[gslv markIII]

 

[MuffleParch]

 

[Psacha1234]

Good news on Chabahar.
Will this finally get things moving or are we just moving to the next step? I think these kind of agreements were signed before too.

 

[sauntheninja]

Some rain and wind and all of Mumbai's train infra collapsed specially the lines that go outside mumbai CST-> Kalyan/Karjat. Was almost a stampede in Thane station. Mumbai locals come under the central government and is the most mismanaged train system in the country. On good days its overcrowded beyond belief and late by less than 5 mins. This was the first rains of the year and look at the condition of the financial capital.

 

[new salem]

View attachment 252779

Our economic complexity index and logistic performance index are hovering at 40 s
Can it be brought down to 30s till 2030 ? Opinions?

 

[MuffleParch]

Our economic complexity index and logistic performance index are hovering at 40 s
Can it be brought down to 30s till 2030 ? Opinions?

I think we need to get it below 20s to be really competitive but it will take time. Setting high 20s or low 30s is achievable in the short term.

Just to compare ourselves, China is 19 and the US slips to 17 from 14 last year.

 

[new salem]

I think we need to get it below 20s to be really competitive but it will take time. Setting high 20s or low 30s is achievable in the short term.

Just to compare ourselves, China is 19 and the US slips to 17 from 14 last year.

I still can't digest we are just 1 higher than turkey
And lower than saudi and malaysia
We are even lower than Philippines who we sold brahmos to Disgraceful
This is the last 4-5 years for modi to do large structural changes I believe something big will happen at 2030s

 

[MuffleParch]

I still can't digest we are just 1 higher than turkey
And lower than saudi and malaysia
We are even lower than Philippines who we sold brahmos to Disgraceful
This is the last 4-5 years for modi to do large structural changes I believe something big will happen at 2030s

Look at the bright side. We are heading in the right direction. We wrecked the country for nearly 80 years after independence. Building always takes a lot longer than wrecking.

 

[new salem]

Look at the bright side. We are heading in the right direction. We wrecked the country for nearly 80 years after independence. Building always takes a lot longer than wrecking.

Our option is between a 5/10 and -50/10
India has a multiparty sytem but we can only produce lesser assholes. Kejriwal the lying asshole got free should have been executed for war crimes.
Modi is okay but even he has folded from farmer protests weak literally the same as Pakistan currently giving everything free to fake kashmiris. We should at least become better than them