Indian Economy (21 Viewers)

[assassin162]

We still are underpenetrated in terms of car ownership. So, its not about those able to afford don't have parking. These are few people only now.

The real impact is because of taxation. Cars are taxed as luxury items. Govt. need to come out of this stigma. Cars, ACs, Refrigerators should be treated as essentials. They induce consumption.

our urban infra is not even being able to take care of the existing ones, what will we do with so much more? Urban infra has been the bane of the country for quite long, not just tier 1 or 2 but even for tier 3 and 4.
Also, what we need to take into account regarding indian automobiles never picking up the pace it shoould have has been growth of taxi aggregators and metro.

basically, I would say this is a three fold thing -
1. Govt policies
2. lacking urban infrastructure, including a lack of public parking, narrow roads/encroachment, unplanned cities
3. Mass transportation options and the coming of technology.

Also as a car market India shouldtnt consider it parallely as to China and America. Not with US because, US is basically built keeping cars in mind, doesnt have a railway designed for public transport and cities are built keeping only cars in mind, you cannot survive there without a car. And in case of China, Chinese dont have ways to invest their wealth in the single largest thing that sinks investment, that is land. They cannot buy land, so they have only few ways to invest, one being, buy gold and other being share market (which has been subdued by Xinping in last few years) and last one being buying flats. buying flats, investing in share market and the chinese government building massive infra have been the key success stories and now they have overdone all this and is being curbed. So, they dont have many ways to use their discretionary income and hence they buy cars massively. This will continue for some time for sure....

India is a unique market in itself. but government has a few faults of its own that also cannot be ignored.

 

[Cheepek]

This is more problematic than any % tariffs that are slapped on India. Once the tariffs come into affect, the exports will eventually adapt to it.
But if no breach clause then US can change tariff rate whenever it sees fit, which will cause uncertainty & panic, and markets absolutely hate unpredictability

https://www.moneycontrol.com/news/business/india-us-mini-deal-may-not-have-a-breach-clause-raising-worries-over-sanctity-of-agreement-13243559.html

 

[Ajayant Tripathi]

our urban infra is not even being able to take care of the existing ones, what will we do with so much more? Urban infra has been the bane of the country for quite long, not just tier 1 or 2 but even for tier 3 and 4.

You expressed some excellent viewpoints. I appreciate them except the one i quoted.

1. Choke points always exist: Any city with atleast 1000 cars have chokepoints. So, how many sales will you like to cut down???
2. Weight of choke points can always be decreased: Bypasses, designated lanes etc. Only geographical barriers are more pemanent.
3. Choke Points should not be allowed to keep the growth of a city hostage. Would you have let cities like Bengaluru and Hyderabad suppressed like a Tier 3/4 city because of some old city choke points?? No, You build around them. When city grows big enough that building around do not work you integrate railroads in it. Choke points should not be the reason to pause the growth of a city.

Also, India is not just a few big cities. There are many cities in India. There are many people in them who can and will need to own cars. So, we should not decide our policy from metropolis POV only.

 

[Miss Firing]

 

[vin pahadi (kumauni)]

guys hope ishwar give u strong heart nd kaleja (liver) to hear this shocking news...
world bank give india 4th most equal country in 167 countries list. i am sure many pakistani, bangladeshi nd even some indian get heart attack after hearing it.

Knowledge Nugget: World Bank ranked India among ‘most equal countries’: How is it relevant for UPSC Exam

UPSC Reports and Indices Current Affairs: What are the “most equal countries” according to the latest released Gini Index, a report by the World Bank? What is this index all about? Here's all you need to know. Also, go 'Beyond the Nugget' to know about the Human Development Report 2025 and its...

indianexpress.com

 

[Psacha123]

Wow 10 million workers is huge.
I think these workers will be paid in rupees which is a smart way for the Ruskies to spend their huge stockpile of Rupees.


View: https://x.com/rt_india_news/status/1942898802853085244?s=46

 

[snakeeyes07]

Wow 10 million workers is huge.
I think these workers will be paid in rupees which is a smart way for the Ruskies to spend their huge stockpile of Rupees.


View: https://x.com/rt_india_news/status/1942898802853085244?s=46

1 million but still very significant numbers

 

[Doreamon]

Does other countries follow the same model in construction of infra projects like in india ?

In india the lowest bidder gets the project . Noone asks the L 2 bidder why the price was high .. if you apply for contracts as a contractor you have to go through a lottery system where basically you buy your lottery ticket . But We all know how these things works .. Everyone wants a comission from babu to politician . In our area the babu owns the constitution supplies , and you have to buy those only from that source . Contractors trys to maximize his income and whatever happens there after we all know . It's in the interest of everyone if the infra projects require repairing every season , long lasting ones won't generate money .

 

[shade2]

Wow 10 million workers is huge.
I think these workers will be paid in rupees which is a smart way for the Ruskies to spend their huge stockpile of Rupees.


View: https://x.com/rt_india_news/status/1942898802853085244?s=46

Their own people are in the factories making armaments.

They don't trust central asian mulla imported workers anymore.

Let alone Chinese for the obvious reasons.

Anyway it's fake nyooz

https://www.moneycontrol.com/world/russia-to-recruit-up-to-1-million-indian-workers-by-2025-to-tackle-labor-shortage-article-13257064.html

 

[vin pahadi (kumauni)]

Does other countries follow the same model in construction of infra projects like in india ?

In india the lowest bidder gets the project . Noone asks the L 2 bidder why the price was high .. if you apply for contracts as a contractor you have to go through a lottery system where basically you buy your lottery ticket . But We all know how these things works .. Everyone wants a comission from babu to politician . In our area the babu owns the constitution supplies , and you have to buy those only from that source . Contractors trys to maximize his income and whatever happens there after we all know . It's in the interest of everyone if the infra projects require repairing every season , long lasting ones won't generate money .

lower bidding only happen, when two or more companies complete required quality in their tender....problem is companies bid their tenders in minimum profit, so they get choose as lowest bidder. but during implementation of project, they did cost cutting by using lesser quality material etc, so their profit increase.
lottery system is good choice. but in that case companies bid higer price for any project.

 

[eastern_bhartiya]

lower bidding only happen, when two or more companies complete required quality in their tender....problem is companies bid their tenders in minimum profit, so they get choose as lowest bidder. but during implementation of project, they did cost cutting by using lesser quality material etc, so their profit increase.
lottery system is good choice. but in that case companies bid higer price for any project.

Also I have noticed that these bridges and stuff , tend to collapse in monsoon, I think timing of construction also matters. Apart from it, most these building firm often lack technical expertise properly do something and lowest bidding to get the order also doesn't help

 

[jaijaganath]

View: https://x.com/TheEmissaryCo/status/1943372266068119938


reform via stealth seems to be a way to implement it in our country
21 states have implemented farms laws
we must appreciate BJP for this
Process might be slow but intent remains consistent
I dont remember but I think @crazywithmath predicted such processes in future during farm law protests

 

[silentassassin265]

View: https://x.com/TheEmissaryCo/status/1943372266068119938


reform via stealth seems to be a way to implement it in our country
21 states have implemented farms laws
we must appreciate BJP for this
Process might be slow but intent remains consistent
I dont remember but I think @crazywithmath predicted such processes in future during farm law protests

If reforms are brought in parliament there will be the usual drama, so implementing it in stealth mode is better for economy but bhajeepav will miss to take the credit due to it being stealth.

 

[liberalredditor]

Porkis are coping so shamelessly
A company can achieve 4 trillion usd mktcap, so it isnt big thing for endia and therefore they are saying nvidia > endia, hence our(porks) enemy(india) is weak.

 

[Doreamon]

Porkis are coping so shamelessly
A company can achieve 4 trillion usd mktcap, so it isnt big thing for endia and therefore they are saying nvidia > endia, hence our(porks) enemy(india) is weak.

Lol they don't know difference between GDP and market valuation ? GDP is total value of products and services produced in a country in a span of year . It means india produces 4tr worth of of product of services a year and its growing at 7 percent .

Putting market cap on a country is job of a stupid person . Countries are not sold in share market ... Market cap is the total valuation of all the shares in share market .

I had to explain this stupid thing only because I have seen this shit many times ..

 

[shade2]

Lol they don't know difference between GDP and market valuation ? GDP is total value of products and services produced in a country in a span of year . It means india produces 4tr worth of of product of services a year and its growing at 7 percent .

Putting market cap on a country is job of a stupid person . Countries are not sold in share market ... Market cap is the total valuation of all the shares in share market .

I had to explain this stupid thing only because I have seen this shit many times ..

The country of Pakistan definitely sold in the AC cooled halls of Washington and Beijing.

 

[concard]

Lol they don't know difference between GDP and market valuation ? GDP is total value of products and services produced in a country in a span of year . It means india produces 4tr worth of of product of services a year and its growing at 7 percent .

Putting market cap on a country is job of a stupid person . Countries are not sold in share market ... Market cap is the total valuation of all the shares in share market .

I had to explain this stupid thing only because I have seen this shit many times ..

That is not the only thing, Nvidia has cash reserves of $53 billion as of last quarter which is double the forex reserves of Porkistan. If they spend all of it and want to raise debt in the market, financial institutions will be standing in line to write a cheque to them. Whereas Porks have to beg IMF and surrender their economic sovereignty for just a $1 billion.

 

[liberalredditor]

Lol they don't know difference between GDP and market valuation ? GDP is total value of products and services produced in a country in a span of year . It means india produces 4tr worth of of product of services a year and its growing at 7 percent .

Putting market cap on a country is job of a stupid person . Countries are not sold in share market ... Market cap is the total valuation of all the shares in share market .

I had to explain this stupid thing only because I have seen this shit many times ..

I suspect that they even teach their people economics or not, they will start their book with "allah is the founder of economics, there is no such thing as inflation, its kafirs who want to loot you."
Pakis are a better source of entertainment than ott

 

[vin pahadi (kumauni)]

IPL reach at valuation of 158000 crore rupee or 18.5 billion dollar.....


still many chutiya indian bash cricket....this is understandable u guys want to raise other sports interest nd value. but for that u dont need to point finger toward cricket. specially i see many football lovers, who did trash talk about cricket in india. they say cricket is only remain in indian subcontinent. so what?? that is still 1.6 billion population. there r indian sports like kabaddi, khokho etc...which only popular in handful countries. cricket is very lengthy sports nd very complex. thats why its not very favorite of different countries. most popular sports in world r mostly short (1-2 hour) nd simple. india is improving in sports like chess, shooting, badminton, hockey, boxing, kushti (wrestling) etc.

 

[Simon Riley]

Porkis are coping so shamelessly
A company can achieve 4 trillion usd mktcap, so it isnt big thing for endia and therefore they are saying nvidia > endia, hence our(porks) enemy(india) is weak.

by that logic , tata > pakistan. in the coming decade i wont be shocked if mumbai overtakes pakistan in terms of gdp