Indian Economy

[haldilal]

View: https://twitter.com/SARASWATSURESH_/status/1832627648108867821

 

[Hari Sud]

God forbids that if Rahul Gandhi becomes the PM then the whole economic work of last 15 years goes down the drain.

 

[Comet]

• GST on Cancer Drugs deducted from 12% to 5%.
• GST reduced from 18% to 12% for Namkeens & Savoury items.
• GST Council meeting in Nov to take a call on reduction in rate on Health Insurance - FM

View: https://x.com/PIB_India/status/1833150412108841287

 

[FalconSlayers]

View: https://x.com/lakshmishaks/status/1833168925254651971

 

[Suryavanshi]

If something needs to be changed, change it yourself ,what’s the point in cussing.

Is there reservation even in budget?
Does any law forces the budget to be in such a way?
If not than we can tackle this by deducting 0.5% each year from the SC/ST budget.
Gormint does not need to give a knee jerk reaction to everything, suffocate it slowly.

Same for PSU disinvestment.

 

[ArjunMK1A]

If these figures are true, this republic deserves to die a dog's death.


View: https://x.com/neha2180/status/1832820696096911568

The SC/ST number source could not able to find. Others were approx numbers available in Union Budget 2024-2025 which came couple of months back.

Again we are talking about twitter where everyone throws Opinion pieces like Hard data.

 

[srev2004]

https://www.livemint.com/economy/listed-psus-to-give-firepower-for-indias-first-sovereign-wealth-fund-11725772857712.html

India's First Sovereign Wealth Fund In The Making, To Be Created By Pooling Centre's Shares Of State-Run Companies​

https://swarajyamag.com/news-brief/indias-first-sovereign-wealth-fund-in-the-making-to-be-created-by-pooling-shares-of-state-run-companies

The Narendra Modi government plans to establish India's first sovereign wealth fund by consolidating its holdings in publicly listed state-owned companies, according to Mint.

The fund will utilise both new and existing shares, collect dividends, attract strategic investors, and borrow against its shares to build its investment capital.

The initiative will involve transferring shares from listed public sector undertakings (PSUs) and the Specified Undertaking of the Unit Trust of India (SUUTI) to the new fund. SUUTI holds equity in various private companies.

This plan, which is still under discussion, could see a potential corpus of Rs 50 trillion from these companies, which would be used for both domestic and international investments.

This is super important. If you want US / big tech to be India friendly like they are to China, you need a big fund like this. This is a stellar move in my opinion

 

[dr.defence]

If these figures are true, this republic deserves to die a dog's death.


View: https://x.com/neha2180/status/1832820696096911568

Sir can you please tell what all schemes are provided under this so that we can further analyze which all are useful and which one are lollipops please

 

[GaudaNaresh]

Notice the tilt of the headline from a western deep state publication here. Again somehow trying to screw Adani. Why so much focus on Adani ? Because Adani group is the major missing component of India's rise : we've never had a rockafeller type, who focussed on infrastructure industry. Sure, Rockafeller was train baron, well, Adani is the ports and logistics baron.
You see, Western deep states do not mind the Tatas, Birlas, Ambanis, even the Murthys. They all get rich off of various goods and services trade and got their finger in every pie and that is fine. But Adani is the multi-billion dollar giant that builds ports and logistics hubs and highways and shit. THAT is what the western deep state is afraid of : India getting good infrastucture. Because good Indian infrastructure = automatic India crossing the 15 trillion economic mark by making internal and external trade more efficient.

Indians dont realize, how much infrastructure holds us back- just how i can go for a saturday's drive through the mountains at leisurely 110-120, drive 7-8 hrs and basically cover Delhi to Benaras distance as a casual drive. This you cannot do in vast majority of India and indian productivity is poor as a factor of 200-250% transportation time within India. This is what Adani enterprise represents as a geo-strategic threat to the western world.

 

[Miss Firing]

‘Faulty’ selection, lack of skills: Showpiece Israeli job scheme for Indians begins to unravel​

Israeli contractors despair, redeploy staff: ‘Some didn’t know how to hold a hammer’; officials here admit ‘scope for improvement’ in screening process.​

‘Faulty’ selection, lack of skills: Showpiece Israeli job scheme for Indians begins to unravel

Israeli contractors despair, redeploy staff: ‘Some didn’t know how to hold a hammer’; officials here admit ‘scope for improvement’ in screening process.

indianexpress.com

**


Two bit officials or those who those who they contracted did not even do a basic skill level test check. (??)

Need to find out as to who did the skill checks at the approved centers.

 

[Cheepek]

• GST on Cancer Drugs deducted from 12% to 5%.
• GST reduced from 18% to 12% for Namkeens & Savoury items.
• GST Council meeting in Nov to take a call on reduction in rate on Health Insurance - FM

View: https://x.com/PIB_India/status/1833150412108841287

Why GST reduced on namkeen etc?

 

[TopWatcher]

Why GST reduced on namkeen etc?

Gujrati bhaiyoon ko namkeen bahut pasand hai

 

[Azaad]

View: https://twitter.com/DivaJain2/status/1832946995905933427?s=19


View: https://twitter.com/Akshay_VAK/status/1833282014914519438?s=19

 

[Cheepek]

https://www.moneycontrol.com/news/business/economy/india-to-impose-up-to-30-tariffs-on-some-steel-imports-from-china-vietnam-12819815.html

 

[abdus salem killed]

'Extraordinary results': India’s ONGC hits gas with potential play opening ultra-deepwater wildcat | Upstream

Operator unveiled test results via social media posts that have since been removed

www.upstreamonline.com

 

[Nutcracker]

@haldilal
What's the price of sugarcane molasses in Maharashtra ? How much net profit do ethanol distillers make per liter ?

Context:
Crude price record low

 

[Cheepek]

View: https://x.com/ANI/status/1833880103324897391?t=PK4kCpvaYHvIB70t94L2sA&s=19

 

[Suga]

'Extraordinary results': India’s ONGC hits gas with potential play opening ultra-deepwater wildcat | Upstream

Operator unveiled test results via social media posts that have since been removed

www.upstreamonline.com

Can you post whole article, it’s beyond paywall and archive isn’t working.

 

[haldilal]

@haldilal
What's the price of sugarcane molasses in Maharashtra ? How much net profit do ethanol distillers make per liter ?

Context:
Crude price record low
View attachment 9106

Ya'll 5,000 Rupees per tons.

 

[ezsasa]

preventive measures..

if i am reading this correctly, gormint thinks pvt players not taking on sufficient debt burden is impacting timelines of the expressway projects.
=======

Govt plans to buy back NHAI bonds worth Rs 50,000 - 70,000 crore to pare co’s debt​

https://www.moneycontrol.com/news/business/govt-plans-to-buy-back-nhai-bonds-worth-rs-50000-70000-crore-to-pare-cos-debt-12819375.html