Indian Economy


View: https://twitter.com/LiveLawIndia/status/1918176548970213613?s=19


Thanks to all these shenanigans Bhushan Steel will be liquidated & all those employees & vendors dependent on it, doomed. Wonder why can't the IBC process be started afresh & JSW kept out of it
 

R we going on Chinese path??? i mean use our resources nd send to other countries to consume it. In return we will get more nd more US dollars. same paper dollars which america prints in trillions. suppose just like china by exporting for 20-40 years we also collect 2-3 trillion dollars. if that time dollar valuation go down due to removal of dollar's reserve currency status. then we hv devaluated dollars nd we used our resources for other countries consumption. although we ourself need huge resources for our own country people due to huge population. do any one hv answer that its good or bad move in long term for us??
 
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What sort of vacuous article is this that too from ET full of form with no content whatsoever. Which companies are contributing to this so called revolution? What are their names, location, particulars? What's their T/O, product profile, market share etc?

Reads more like a PR piece full of wordplay
Correct.
No heavy equipment manufacturer that I can remember, but there is BKT International ( Balkrishna Tyres) which makes those extra large, bulbous tyres for earth movers, big tractors, mining trucks etc. A major component of their revenue is through exports to USA, Europe etc.

 

View: https://twitter.com/LiveLawIndia/status/1918176548970213613?s=19


Thanks to all these shenanigans Bhushan Steel will be liquidated & all those employees & vendors dependent on it, doomed. Wonder why can't the IBC process be started afresh & JSW kept out of it


liquidation does not mean shutting it down and selling it for parts, BPSL has a revenue of 20000+ crores, it's a functioning enterprise.

i think who ever is the puppet master behind the petition will get another chance to acquire it in an open auction.
 
Not these guys yapping over undocumented economy now, get investments and grow economy instead of doing such nonsense mental gymnastics.

that's the point they are making, GDP by definition is an estimate of value addition.
if value addition is happening, and the surveys are not capturing it properly, then it needs a review.

this discussion would not have made sense 10 years ago, since untracable cash economy was much larger than today, and GDP estimates were being done based on data from about 5000 companies across india. now because of MCA database being larger, digital economy is larger, GST etc. not a bad idea to check if GVA estimate calculation is closer to the real number or not.

investments capture only the top layer. after the investment comes in and payments are done to vendors, cash keeps circulating with in the system i.e moving from one hand/account to another hand/bank account. everytime cash does a jump, at lower levels of below corporates there could be a case of value addition which is not getting captured.

GDP/GVA != entirety of economic activity.
 
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Some damper in our manufacturing so called successes over the past year?
 

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