Indian Economy

[Varoon4]

Critics are born everyday. They lack confidence in themselves. Surprisingly most of the critics listen to western anti - India propaganda.

Or at the very least, take a balanced view of it. Per capita income is very important, but if it were just a question of population( as some cynics in the media and cyberspace are remarking) why didn't India surpass the UK and Japan in the 1980s and 90s, as opposed to now. India was much larger than those countries in population then as well. There is a reason it's happening in the 2020s.

 

[Okabe Rintarou]

Can you give an example, Like what exactly should we change in the curriculum..?

I have heard this thing "Our Education system needs to be change " thing for decade , I am not saying system is best but so far it's working. I also understand there are lot of room for improvement but very few people come up with something tangible, who are crying about the system.

In the this present era of internet we can literally learn whatever we want, however we want from the Youtube, Swayam, etc...! Not saying we shouldn't blame or improve the system, but if someone is lagging behind the System itself does not deserve all the blame.

Still from My perspective following changes we do need in the System
1. Education should be in Mother tongue (This will not go down with lot of people I know.). Reason for this is because I think students would be able to understand the subject far better in their own language instead of English especially STEM subjects .
2. Less importance to English and little bit more to Hindi (will not go down with South state apparently)
3. Logic as a subject in lower classes
4. Ethics as a subject in lower classes (I am a philosophy major so I have soft spot for this subjects)

STEM in local languages already exists as an option. But IMHO, it will be a backward leap because even for basic vocab, we nowadays have hinglish or other such language blends. And as a result, folks know what axis is but not what dhuri is. Or what cell is but no what koshika is. Or what machine is but not what yantra is.
In both cases you need to learn the lexicon, the technical jargon, anyways. So its not as if studying in local language will mean they didnt need to learn new words.

Also, most books, and as you reach college level, most research papers, are written in English. Its a bad idea to actively train our kids to avoid understanding this knowledge repository. If understanding is the problem, train teachers to explain in local languages. Once you explain someone a concept with English jargon but in local language, even if they are not adept at English, they can still understand it better. Technical writings in English are straightforward, you don't need a high level of proficiency, its not English literature.

By the way, I don't know what "Logic" as a subject is meant to be like. Is it like teaching students critical thinking or is it like Model Theoru in maths?

 

[eastern_bhartiya]

Can you give an example, Like what exactly should we change in the curriculum..?

I have heard this thing "Our Education system needs to be change " thing for decade , I am not saying system is best but so far it's working. I also understand there are lot of room for improvement but very few people come up with something tangible, who are crying about the system.

In the this present era of internet we can literally learn whatever we want, however we want from the Youtube, Swayam, etc...! Not saying we shouldn't blame or improve the system, but if someone is lagging behind the System itself does not deserve all the blame.

Still from My perspective following changes we do need in the System
1. Education should be in Mother tongue (This will not go down with lot of people I know.). Reason for this is because I think students would be able to understand the subject far better in their own language instead of English especially STEM subjects .
2. Less importance to English and little bit more to Hindi (will not go down with South state apparently)
3. Logic as a subject in lower classes
4. Ethics as a subject in lower classes (I am a philosophy major so I have soft spot for this subjects)

Point here is not the study itself, education isn't just studying concepts or theories, your education and academia are different with some overlap, academic influences your politics, culture, scientific advancement, military.

Thing is we have so far created workers for western economics, this economic startegy is viable till we reach a certain after which, we Unless we move into high value industries we risk getting stuck in middle income or even lower middle income trap.

I don't agree with giving active importance to hindi, most non hindi speakers passively adopt hindi, pushing hindi on a official capacity just proves every nefarious point of language kangers.

 

[eastern_bhartiya]

STEM in local languages already exists as an option. But IMHO, it will be a backward leap because even for basic vocab, we nowadays have hinglish or other such language blends. And as a result, folks know what axis is but not what dhuri is. Or what cell is but no what koshika is. Or what machine is but not what yantra is.
In both cases you need to learn the lexicon, the technical jargon, anyways. So its not as if studying in local language will mean they didnt need to learn new words.

Also, most books, and as you reach college level, most research papers, are written in English. Its a bad idea to actively train our kids to avoid understanding this knowledge repository. If understanding is the problem, train teachers to explain in local languages. Once you explain someone a concept with English jargon but in local language, even if they are not adept at English, they can still understand it better. Technical writings in English are straightforward, you don't need a high level of proficiency, its not English literature.

By the way, I don't know what "Logic" as a subject is meant to be like. Is it like teaching students critical thinking or is it like Model Theoru in maths?

Science in mother tounge always has hit me as a dumb populist point, if you have ever gone into higher levels in field like pcm, you know what one doesn't have to be shashi tharoor 2.0 to be understand scientific literature, most of which is pretty straightforward, most teachers already teach these topic in a english+ local language way as mentioned in the post.

 

[samlessheart]

STEM in local languages already exists as an option. But IMHO, it will be a backward leap because even for basic vocab, we nowadays have hinglish or other such language blends. And as a result, folks know what axis is but not what dhuri is. Or what cell is but no what koshika is. Or what machine is but not what yantra is.
In both cases you need to learn the lexicon, the technical jargon, anyways. So its not as if studying in local language will mean they didnt need to learn new words.

In Higher studies can understand, But at least till 10th it should be in Mother tongue and little bit of English concepts to gain familiarity of those subjects in English. This is more towards to Parents rather than Education board as many parent are enrolling their kids to English Medium or Semi English Medium at least this the case where I live, My niece is in 5th std and she can't speak or understand English but she has to learn Math and Science in English as she is in Semi English schools. And for obvious reasons her math and science is poor.

How do People form Japan, Germany and France etc. handle Higher studies as I believe most of them don't learn English.

By the way, I don't know what "Logic" as a subject is meant to be like. Is it like teaching students critical thinking or is it like Model Theoru in maths?

It can be part of Math, or it can be stand alone subject I guess.

 

[eastern_bhartiya]

Another thing, in most countries it's rare to have people learn all kind of STEM subjects together like most people don't study physics with bio, our obsession with PCM creates a lot of students that just deadweight, keep in mind even if you have to have a career in finance, you have to do PCM in 11th-12th, this gives an unseen importance to a weird combination of subjects.

Research is another thing which is handled extremely poorly, researcher even in most high level institutes get like 30k for research, in usa being researcher is a normal job.

 

[Okabe Rintarou]

In Higher studies can understand, But at least till 10th it should be in Mother tongue and little bit of English concepts to gain familiarity of those subjects in English. This is more towards to Parents rather than Education board as many parent are enrolling their kids to English Medium or Semi English Medium at least this the case where I live, My niece is in 5th std and she can't speak or understand English but she has to learn Math and Science in English as she is in Semi English schools. And for obvious reasons her math and science is poor.

How do People form Japan, Germany and France etc. handle Higher studies as I believe most of them don't learn English.



It can be part of Math, or it can be stand alone subject I guess.

There might be some youtube channels that can bridge the gap for your niece. They can explain in Hindi but with English jargon. That'll help her a lot. Or else go for private tuition with someone who can explain to her the concepts at least. Once she gets the concepts, she can write in broken English and still get through. And an English tuition is a must. She is still in 5th, so its okay. Real stuff starts from 6th onwards.

Japan had a real issue with their English language barrier. I think they consider it to be a problem, not a plus point.
French, I don't know of their struggles but I do have my own struggles trying to understand a French software (Salome Meca) that I use for work. So I can kind of get that its difficult for them.
German as a language is similar enough to English, so maybe they can manage due to that, not sure though.

Another thing, in most countries it's rare to have people learn all kind of STEM subjects together like most people don't study physics with bio, our obsession with PCM creates a lot of students that just deadweight, keep in mind even if you have to have a career in finance, you have to do PCM in 11th-12th, this gives an unseen importance to a weird combination of subjects.

Research is another thing which is handled extremely poorly, researcher even in most high level institutes get like 30k for research, in usa being researcher is a normal job.

Some important stuff, like matrices and some linear algebra basics, can be taught much earlier IMHO. And some stuff like, they teach you Functions early on, but they should link it with Linear Algebra and help develop intuitions like making us see single variable functions as an infinite vector of single dimension. This way of looking at things can be taught earlier and it'll help a lot in, like you said, stuff like finance, especially now that we use computers for it and many other things.

 

[Tumba]

India now fourth-largest economy, ahead of Japan: Niti Aayog CEO

India’s GDP has reached $4 trillion, placing it behind only the US, China, and Germany, according to IMF data cited by NITI Aayog CEO BVR Subrahmanyam.

www.indiatoday.in

Keep in mind India last time rebased GDP in Jan 2015 revising base year from 2004-05 to 2011-12 increasing Indian nominal by ~11%

India will again rebase her GDP from base year from 2011-12 to 2022-23 in Feb 2026 will be likely increase our nominal GDP by at-least 400 billion because during 2011-12 to 2022-23 lots of digitisation has happened inside India bringing various informal transactions and sectors inside formal economy.

So India will likely to surpass Germany gdp by next year.

 

[fire starter]

View: https://x.com/SirJambavan/status/1926635950085472520?t=qbT_67xY0TDo0bTc59ZWfQ&s=19

 

[angryindian]

So India will likely to surpass Germany gdp by next year.

Overtaking Japan and Germany would have naturally happened without much effort, as both nations were struggling due to their aging workforce.

The real challenge lies in approaching the economic levels of the US and China, which India cannot achieve unless it resolves its skills deficit and infrastructure challenges.

 

[Cheepek]

International students in US

 

[haldilal]

View: https://x.com/haldilal/status/1926868172994400602

 

[redpanda]

In Higher studies can understand, But at least till 10th it should be in Mother tongue and little bit of English concepts to gain familiarity of those subjects in English. This is more towards to Parents rather than Education board as many parent are enrolling their kids to English Medium or Semi English Medium at least this the case where I live, My niece is in 5th std and she can't speak or understand English but she has to learn Math and Science in English as she is in Semi English schools. And for obvious reasons her math and science is poor.

How do People form Japan, Germany and France etc. handle Higher studies as I believe most of them don't learn English.



It can be part of Math, or it can be stand alone subject I guess.

Agreed. Science is already taught in the mother tongue across many state education boards. I personally studied science in my mother tongue up to Class 10, where most scientific terminology was presented in both the local language and English. For instance, terms like Bighatan Pratikriya (Decomposition Reaction) and Visthapan Pratikriya (Displacement Reaction) were commonly used. This bilingual approach made it easier to grasp the concepts while gradually building familiarity with English terms.

In my experience, this method doesn't hinder comprehension. Science, after all, is less about memorisation and more about understanding principles and their practical applications. Whether a student describes a chemical reaction in Tamil, Kannada, Telugu, Bengali, Odia, Hindi, or English, the underlying process remains the same. A well-formed explanation in any language reflects genuine understanding. Moreover, when concepts are first introduced in a language familiar to the learner, they often connect more intuitively and build a stronger foundation for future learning.

While this is anecdotal, I’ve seen many students from state board backgrounds transition successfully into higher education, even when the medium shifts entirely to English. Those who made a conscious effort to improve their English skills during school years adapted well.

 

[Varoon4]

International students in US

View attachment 37325

How many of these students return to India? Particularly in the STEM sector. I have a feeling many of them want to 'settle'( a word Indians use often) in the US. A few do return, no doubt. Perhaps now, with stricter rules and increased sentiment against immigrants, more will go back.

 

[sameer]

Apparently, Elund is planning predatory pricing to get more subs. He's already doing this in Kenya and other places.

Article goes into some good detail on why that strategy might not work. Either way I hope the gormint doubles down on broadband and 5G investment. In major cities, broadband has already become very cheap with good speeds.

Analysts meanwhile highlighted that capacity constraints of satellite constellations deployed could pose a challenge to Starlink’s ambition to gain market share in India, the world’s second largest telecom market after China.

With a current satellite capacity of 7,000, Starlink has about 4 million subscribers globally. Assuming it reaches a capacity of 18,000 satellites, it would be able to serve only 1.5 million subscribers in India by FY30, IIFL Research said in a report.

“Capacity constraints could prove to be a challenge in terms of subscriber ramp-up and blunt the effectiveness of low pricing as a tool for subscriber acquisition,” said IIFL Research in a report. It added that Starlink had suspended subscriber additions in certain regions in the US and Africa from time to time due to capacity challenges.

Satcom plans may come in at less than Rs 840 a month

Satellite communication providers like Starlink may introduce promotional unlimited data plans in India for under $10 per month, aiming for a large user base to offset high spectrum costs. However, capacity constraints of satellite constellations could hinder Starlink's market share ambitions in...

economictimes.indiatimes.com

 

[Azaad]

Apparently, Elund is planning predatory pricing to get more subs. He's already doing this in Kenya and other places.

Article goes into some good detail on why that strategy might not work. Either way I hope the gormint doubles down on broadband and 5G investment. In major cities, broadband has already become very cheap with good speeds.

Satcom plans may come in at less than Rs 840 a month

Satellite communication providers like Starlink may introduce promotional unlimited data plans in India for under $10 per month, aiming for a large user base to offset high spectrum costs. However, capacity constraints of satellite constellations could hinder Starlink's market share ambitions in...

economictimes.indiatimes.com

10 USD / month for how much data in GB ? Article is behind a paywall but this is Jio's pre paid data plan including voice calling :-

Examples of Jio per day data plans:

• ₹198 True 5G Unlimited Plan: 2GB data per day for 14 days.
  
  
• • ₹199 Plan: 1.5GB data per day for 18 days.
  • ₹209 Plan: 1GB data per day for 22 days.
  • ₹239 Plan: 1.5GB data per day for 22 days.
  • ₹219 Plan: 3GB data per day for 14 days, with a total of 44GB (3GB/day + 2GB bonus).
  • ₹149 Plan: 1GB data per day for 20 days, along with unlimited calls and 100 SMS/day.
  • ₹99 Plan: 0.5GB data per day for 28 days, along with unlimited calls and 300 SMS.
  • ₹895 Plan: 2GB data per day for 28 days.
  • ₹629 Plan: 2GB data per day for 56 days, with additional benefits like complimentary access to Jio's suite of apps and a subscription to 12 premium OTT apps.

Can Musk better it ? NO. And that's a positive no , never mind the paradox. Who exactly is Musk targeting thru this service ? If we know the segment we can predict the success or otherwise of this service.

However one thing is for sure , all manner of undesirable elements will definitely plumb for this service. Hopefully we have in built safe guards to prevent its misuse.

 

[sameer]

10 USD / month for how much data in GB ? Article is behind a paywall but this is Jio's pre paid data plan including voice calling :-

Examples of Jio per day data plans:

• ₹198 True 5G Unlimited Plan: 2GB data per day for 14 days.
  
  
• • ₹199 Plan: 1.5GB data per day for 18 days.
  • ₹209 Plan: 1GB data per day for 22 days.
  • ₹239 Plan: 1.5GB data per day for 22 days.
  • ₹219 Plan: 3GB data per day for 14 days, with a total of 44GB (3GB/day + 2GB bonus).
  • ₹149 Plan: 1GB data per day for 20 days, along with unlimited calls and 100 SMS/day.
  • ₹99 Plan: 0.5GB data per day for 28 days, along with unlimited calls and 300 SMS.
  • ₹895 Plan: 2GB data per day for 28 days.
  • ₹629 Plan: 2GB data per day for 56 days, with additional benefits like complimentary access to Jio's suite of apps and a subscription to 12 premium OTT apps.

Can Musk better it ? NO. And that's a positive no , never mind the paradox. Who exactly is Musk targeting thru this service. If we know the segment we can predict the success or otherwise of this service.

However one thing is for sure , all manner of undesirable elements will definitely plumb for this service. Hopefully we have in built safe guards to prevent its misuse.

Use this site to get around the paywall. https://12ft.io/

Apparently, It's unlimited data. But I think his biggest problem will be the initial investment needed in buying the terminal, it costs around $350-500 or around 30-50K INR.

Barring some ultra rich, who's going to pony up those costs, that too just for receiving wifi. and you can't reuse it with other satcom providers incase one is unhappy with Starlink service and wants to switch.

Only use case is probably remote villages, but gormint hopefully is making a push there with broadband and 5g.

 

[Cheepek]

There is a deficit with US if we see things a bit more holistically

https://www.financialexpress.com/policy/economy/us-earnings-from-india-far-outweigh-its-trade-deficit-gtri/3858210/

 

[Doreamon]

View: https://x.com/haldilal/status/1926868172994400602

I hope this model workout and is copied all over India . Recently visited chandra hasini temple .. was disgusted on the way seeing polythene, plastic bottles in pristine landscape filled with hills , trees , ponds .

 

[Miss Firing]

Understaffed And Underutilised Indian Trade Service (ITS) – The Missing Link In India’s Trade Story​

https://swarajyamag.com/economy/fixing-indian-trade-service-its-understaffed-and-underutilized-it-is-the-missing-link-in-indias-trade-growth

Below is alarming