Indian Economy


India companies never invest on RnD, so they will face always

You should never trust news written by Indian news publication about Science and Technology. These bastards are after clicks not news. There is no satellite which can handle millions of users. If satellites can deliver internet then why do we have expensive Internet sea cables crisscrossing all across the globe?


Satellites cannot handle that much of throughput. And most importantly since satellites are high above our atmosphere they produce a small latency making it difficult to deliver data speeds to vast number of people. SpaceX starlink was meant to provide internet to rural parts of US. US is very big country with most regions almost empty or with little less people. ISP's don't have a problem providing internet to dense urban regions, however laying infrastructure to rural parts to deliver internet is not financially feasible. That is where Starlink comes in.

What Starlink is doing is nothing new. There were companies which were already doing this except they were doing it at a small scale meaning they didn't have many satellites to deliver services to lot of people. With Starlink they have nearly 40,000 satellites which is huge. It kind of helps when your own rocket company is launching the service. The only customers to Starlink I see in India are the airline industry. There are already many airlines who are availing Starlink services in US. For ordinary users given our deep mobile internet penetration along with broadband which have improved over years, I see this service is useless for them. Having said that Airtel is not sleeping, they have a company called Oneweb which does exactly that and Jio isn't far either.


 
You should never trust news written by Indian news publication about Science and Technology. These bastards are after clicks not news. There is no satellite which can handle millions of users. If satellites can deliver internet then why do we have expensive Internet sea cables crisscrossing all across the globe?


Satellites cannot handle that much of throughput. And most importantly since satellites are high above our atmosphere they produce a small latency making it difficult to deliver data speeds to vast number of people. SpaceX starlink was meant to provide internet to rural parts of US. US is very big country with most regions almost empty or with little less people. ISP's don't have a problem providing internet to dense urban regions, however laying infrastructure to rural parts to deliver internet is not financially feasible. That is where Starlink comes in.

What Starlink is doing is nothing new. There were companies which were already doing this except they were doing it at a small scale meaning they didn't have many satellites to deliver services to lot of people. With Starlink they have nearly 40,000 satellites which is huge. It kind of helps when your own rocket company is launching the service. The only customers to Starlink I see in India are the airline industry. There are already many airlines who are availing Starlink services in US. For ordinary users given our deep mobile internet penetration along with broadband which have improved over years, I see this service is useless for them. Having said that Airtel is not sleeping, they have a company called Oneweb which does exactly that and Jio isn't far either.


Your are right. I am trying to say Indian companies always prefer to give services , but not on RnD. They dont have eager ness to develop new product.
 
You should never trust news written by Indian news publication about Science and Technology. These bastards are after clicks not news. There is no satellite which can handle millions of users. If satellites can deliver internet then why do we have expensive Internet sea cables crisscrossing all across the globe?


Satellites cannot handle that much of throughput. And most importantly since satellites are high above our atmosphere they produce a small latency making it difficult to deliver data speeds to vast number of people. SpaceX starlink was meant to provide internet to rural parts of US. US is very big country with most regions almost empty or with little less people. ISP's don't have a problem providing internet to dense urban regions, however laying infrastructure to rural parts to deliver internet is not financially feasible. That is where Starlink comes in.

What Starlink is doing is nothing new. There were companies which were already doing this except they were doing it at a small scale meaning they didn't have many satellites to deliver services to lot of people. With Starlink they have nearly 40,000 satellites which is huge. It kind of helps when your own rocket company is launching the service. The only customers to Starlink I see in India are the airline industry. There are already many airlines who are availing Starlink services in US. For ordinary users given our deep mobile internet penetration along with broadband which have improved over years, I see this service is useless for them. Having said that Airtel is not sleeping, they have a company called Oneweb which does exactly that and Jio isn't far either.


For a place like Murica and other such sparsely populated country starlink makes sense.

The number of customers covered per tower must be pretty low considering the country is mostly suburbs which spans a wide area.


In India a tower could reach 5000 people while the same in America would hardly reach 1000.

Satellite internet isn't taking over our market but this technology will be used by our adversaries to its full extent.
 
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India's own JSTOR - what is the One Nation, One Subscription scheme for Indian academics​


View: https://youtu.be/gj3YYlNPhQ0

Cabinet approves One Nation One Subscription (ONOS)​


The funding for academic research should significantly increase. The thousands of crores spent on subscriptions could have been directed to fund research.
Almost every research scholar uses scihub for accessing journals. The impact of ONOS may not be significant.

Currently, its almost impossible to get funding without contacts in the funding agencies. This nexus should be broken. Some profs in IITs and other big institutes have been getting funding from 15-20 years. Check their output. What did they deliver? If not significant, why to continue funding them?
Further, the corruption in govt. funded academic institutes should be checked. That wastes hundreds of crores.
Several structural reforms are required. ONOS is nowhere a top priority.

Further, the world is moving towards open access archives. Several scientists across the world are criticizing that high article processing charges of publishing houses, particularly Nature. Last year, the entire editorial board of a Nature journal resigned condemning the high APC of that journal.
In such a time, ONOS makes no sense.
 
The funding for academic research should significantly increase. The thousands of crores spent on subscriptions could have been directed to fund research.
Almost every research scholar uses scihub for accessing journals. The impact of ONOS may not be significant.

Currently, its almost impossible to get funding without contacts in the funding agencies. This nexus should be broken. Some profs in IITs and other big institutes have been getting funding from 15-20 years. Check their output. What did they deliver? If not significant, why to continue funding them?
Further, the corruption in govt. funded academic institutes should be checked. That wastes hundreds of crores.
Several structural reforms are required. ONOS is nowhere a top priority.

Further, the world is moving towards open access archives. Several scientists across the world are criticizing that high article processing charges of publishing houses, particularly Nature. Last year, the entire editorial board of a Nature journal resigned condemning the high APC of that journal.
In such a time, ONOS makes no sense.

gormint research funding is not an entitlement. it is a limited resource, so choices will be made by the bureaucracy. and many people who think they deserve it, will not get it.

is there a specific pattern, as to which type of concepts/projects are not getting funding sanction?

give us a few examples.
 
gormint research funding is not an entitlement. it is a limited resource, so choices will be made by the bureaucracy. and many people who think they deserve it, will not get it.

is there a specific pattern, as to which type of concepts/projects are not getting funding sanction?

give us a few examples.
Sent you a DM.
 
Absolute masterstroke of GDP growth from BJPee

• Real GDP growth for Q2 FY 2024-25: 5.4% (down from 8.1% in Q2 FY 2023-24).
• Agriculture & Allied sector growth: 3.5% in Q2 FY 2024-25, showing a recovery.
• Manufacturing sector growth slowed to 2.2% in Q2 FY 2024-25.
• Construction sector growth: 7.7% in Q2 FY 2024-25, supported by domestic steel consumption.
• Tertiary sector growth: 7.1% in Q2 FY 2024-25 (up from 6.0% in Q2 FY 2023-24).
• Private Final Consumption Expenditure (PFCE): Grew by 6.0% in Q2 FY 2024-25.
• Government Final Consumption Expenditure (GFCE): Rebounded to a 4.4% growth.
• Mining & Quarrying experienced negative growth (-0.1%) in Q2 FY 2024-25.
• Nominal GDP growth: 8.0% in Q2 FY 2024-25, valued at ₹76.60 lakh crore.
• Gross Fixed Capital Formation (GFCF): Grew by 5.4% in Q2 FY 2024-25.
• Exports grew by 2.8%, and imports declined by 2.9% in Q2 FY 2024-25.
• Passenger traffic at airports saw a 7.8% growth, while cargo traffic increased by 16.1%.
• Commercial vehicle sales dropped by 11.0% in Q2 FY 2024-25.
• Aggregate bank credits increased by 13.7%, while deposits grew by 10.8%.
• CPI inflation: 4.2% in Q2 FY 2024-25, indicating a decline from the previous quarter.
• Index of Industrial Production (IIP): Manufacturing grew by 3.1%, mining shrank by 0.1%.



Absolute state of this vishwacoolie. $5 trillion before 2030 seems impossible.

View: https://x.com/ani_digital/status/1862454319439585474?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1862454319439585474%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=
 
Absolute masterstroke of GDP growth from BJPee

• Real GDP growth for Q2 FY 2024-25: 5.4% (down from 8.1% in Q2 FY 2023-24).
• Agriculture & Allied sector growth: 3.5% in Q2 FY 2024-25, showing a recovery.
• Manufacturing sector growth slowed to 2.2% in Q2 FY 2024-25.
• Construction sector growth: 7.7% in Q2 FY 2024-25, supported by domestic steel consumption.
• Tertiary sector growth: 7.1% in Q2 FY 2024-25 (up from 6.0% in Q2 FY 2023-24).
• Private Final Consumption Expenditure (PFCE): Grew by 6.0% in Q2 FY 2024-25.
• Government Final Consumption Expenditure (GFCE): Rebounded to a 4.4% growth.
• Mining & Quarrying experienced negative growth (-0.1%) in Q2 FY 2024-25.
• Nominal GDP growth: 8.0% in Q2 FY 2024-25, valued at ₹76.60 lakh crore.
• Gross Fixed Capital Formation (GFCF): Grew by 5.4% in Q2 FY 2024-25.
• Exports grew by 2.8%, and imports declined by 2.9% in Q2 FY 2024-25.
• Passenger traffic at airports saw a 7.8% growth, while cargo traffic increased by 16.1%.
• Commercial vehicle sales dropped by 11.0% in Q2 FY 2024-25.
• Aggregate bank credits increased by 13.7%, while deposits grew by 10.8%.
• CPI inflation: 4.2% in Q2 FY 2024-25, indicating a decline from the previous quarter.
• Index of Industrial Production (IIP): Manufacturing grew by 3.1%, mining shrank by 0.1%.



Absolute state of this vishwacoolie. $5 trillion before 2030 seems impossible.

View: https://x.com/ani_digital/status/1862454319439585474?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1862454319439585474%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=

Q2 (July-September Quarter) of a Financial Year in India is usually slow. Things improve in Q3 and goes down a little in Q4. Lets discuss after end of whole financial year.​
 
comparison between last year's release and this year's release for Q2 2023-24

imports :
last year release - 12.53 lakh crore
this year release - 11.53 lakh crore.

while the over all Q2 number broadly matches.

same with discrepancies number.

this year release
Screenshot 2024-11-29 at 6.46.33 PM.webp

last year release
Screenshot 2024-11-29 at 6.46.44 PM.webp

and what does this footnote mean ?

# Following Expenditure Approach, GDP = PFCE + GFCE + GFCF + CIS + Valuable + Export - Import. Discrepancy refers to gap between GDP (Production/Income Approach) and GDP (Expenditure Approach)
In case of Discrepancy percentage share in GDP is given instead of percentage changes over previous year.


so what exactly happened to the imports which was counted as 12.5 lakh crores last year and 11.5 lakh crore this year, for Q2 2023-24?

under normal circumstances, drop of 1.39 lakh crore imports yoy would be a big deal.
 
Q2 (July-September Quarter) of a Financial Year in India is usually slow. Things improve in Q3 and goes down a little in Q4. Lets discuss after end of whole financial year.​

CG capex slowed down to a crawl in the first half of the year(elections). State capex is even lower.

It will recover somewhat in Q3 and Q4, so that might improve Q3 and Q4 figures a bit.

The bigger problem is urban consumer spending seems to be slowing down due to lower income growth. They need to either cut taxes or get the inflation under control.

And cut the petrol prices as well. They still haven't come down from the 2022 peak. Dhandhos have made enough profit from Russian oil. Needs to be passed down to consumers.
 

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