Indian Economy

[Suryavanshi]

View: https://x.com/bakchodgang1/status/1888452534995665142

We newe this kind of industrial cluster in each and every block.

 

[haldilal]

Ya'll Nibbiars

Air Quality of Delhi.


Air Quality of Mumbai.


Source: apicn.org.

 

[TopWatcher]

View: https://youtu.be/qtaZiwzz6eQ?si=JSPydPmCVOgf2gVi

 

[TopWatcher]

View: https://youtu.be/HaMccb7cvag?si=oSHqSvqp_qjdSLTa

 

[FalconSlayers]

View: https://x.com/gautam_adani/status/1888934684966466027

 

[eastern_bhartiya]

India hits 100-GW mark for installed solar

India’s cumulative installed solar power capacity has passed the 100-GW threshold after record-breaking deployment levels in 2024, the Ministry of New and Renewable Energy announced.

renewablesnow.com

More states need to be covered

 

[eastern_bhartiya]

Using data from This report from IIT kanpur, I recreated the PIE charts , cause the one in the report were pretty hard to read : -

PM10 type pollution : particle diameter less than 10 Micrometer
PM 2.5 type pollution : particle diameter less than 2.5 Micrometer
NOx type Pollution : Nitrogen Oxides







Basically what is shows is most of NCR's pollution issues are internal, without infrastructure to tackle these, no party is going to fix Delhi's issue. General Climate of that region is also in the play here, it goes dry for almost 9 months and all these dust accumulates.

Solid public transport can potentially reduce need for cars and reduce vehicular pollution part but rest need alot of policy planning.

 

[Blademaster]

India hits 100-GW mark for installed solar

India’s cumulative installed solar power capacity has passed the 100-GW threshold after record-breaking deployment levels in 2024, the Ministry of New and Renewable Energy announced.

renewablesnow.com

More states need to be covered

but we need more energy storage solutions because just building solar power is not enough. We need energy storage to ride out the non productive time and smooth out the grid.

 

[trombone]

India hits 100-GW mark for installed solar

India’s cumulative installed solar power capacity has passed the 100-GW threshold after record-breaking deployment levels in 2024, the Ministry of New and Renewable Energy announced.

renewablesnow.com

More states need to be covered

free bijli will negate the incentive.

Karnataka's free power scheme takes the shine off rooftop solar

According to industry experts, there has been a significant dip in the number of residential solar rooftop installations in the city over the last few months since many households started receiving either a zero bill or a subsidised bill.

www.deccanherald.com

 

[Indianhawk]

but we need more energy storage solutions because just building solar power is not enough. We need energy storage to ride out the non productive time and smooth out the grid.

Even without storage systems we have long way to go. Rooftop solar penetration in barely 1% in most cities across nation.

Every middle class house should have 5-10kw solar system in all cities. Combined with electric two wheeler and electric cars. Shall go a long way in stabilizing grid and reducing air pollution in Cities.

Electric cars can also solve storage puzzle for small families since they have a large power bank which can power small house if needed.

 

[sauntheninja]

Using data from This report from IIT kanpur, I recreated the PIE charts , cause the one in the report were pretty hard to read : -

PM10 type pollution : particle diameter less than 10 Micrometer
PM 2.5 type pollution : particle diameter less than 2.5 Micrometer
NOx type Pollution : Nitrogen Oxides

View attachment 24853

View attachment 24854

View attachment 24856

Basically what is shows is most of NCR's pollution issues are internal, without infrastructure to tackle these, no party is going to fix Delhi's issue. General Climate of that region is also in the play here, it goes dry for almost 9 months and all these dust accumulates.

Solid public transport can potentially reduce need for cars and reduce vehicular pollution part but rest need alot of policy planning.

Funny how Delhi is the model city for public transport in India and it still has so much pollution. This is someone from Mumbai where people say metro will fix the pollution and traffic issues

 

[DingDong]

What has happened to these people? Who is feeding them these weird ideas?

 

[crazywithmath]

What has happened to these people? Who is feeding them these weird ideas?

View attachment 24956

View attachment 24957

He is not completely wrong here. That MGNREGA has reduced the availability of rural labourers (and impacted smaller bizmen, contractors and MSMEs negatively) has always been the go-to argument for a number of critics and sceptics.

 

[ezsasa]

What has happened to these people? Who is feeding them these weird ideas?

View attachment 24956

View attachment 24957

L&T chief is stating a fact, it's one of the arguments against UBI.

The research concluded, however, that the UBI program did not work as intended. It resulted in lower productivity and people working less. Labor market participation decreased and even unemployment was extended. In some cases incomes declined by as much as $1,500.

https://itrfoundation.org/universal-basic-income-programs-less-work-and-less-productivity/

that infra handle has a habit of blackpilling.

 

[DingDong]

L&T chief is stating a fact, it's one of the arguments against UBI.



https://itrfoundation.org/universal-basic-income-programs-less-work-and-less-productivity/

that infra handle has a habit of blackpilling.

He is stating a "fact" that impacts the profitability of his business. The government is not responsible for creating a scenario that puts the economically weaker sections at the mercy of the big businesses to the extent that those big businesses can fix the "labor rate".

Economic backwardness also puts these unfortunate people at the risk of social exploitation and humiliation. Remember how the Bihari laborers were being mistreated in the other states only for being the "economic migrants"? They were being picked upon just for being weak. It is not their loss at least.

By the way, do you know why do these businesses love cheap migrant laborers? One of the major reasons: they are less likely to form the "labor unions" and forcefully negotiate better work conditions.

 

[eastern_bhartiya]

Redirect Notice

Not even repo rate cut worked. Whole dollar uncertainty issue is bigger than we thought .

how long till we have 8%+ growth again ? , looks very difficult in this environment. Coming back to a previous discussion here, it's unlikely we will cross 10 trillion by 2035, unless 8%+ growth rates return stay for a long time.

 

[ezsasa]

He is stating a "fact" that impacts the profitability of his business. The government is not responsible for creating a scenario that puts the economically weaker sections at the mercy of the big businesses to the extent that those big businesses can fix the "labor rate".

Economic backwardness also puts these unfortunate people at the risk of social exploitation and humiliation. Remember how the Bihari laborers were being mistreated in the other states only for being the "economic migrants"? They were being picked upon just for being weak. It is not their loss at least.

By the way, do you know why do these businesses love cheap migrant laborers? One of the major reasons: they are less likely to form the "labor unions" and forcefully negotiate better work conditions.

these sociology and political theories are fine, there are economic consequences as well.

ofcourse he is making these points because his is a low margin high volume infra business. he is in the business of bidding for L1 contracts, if he is not getting the labour in the price he wants, he will just increase the L1 bid factoring the new wagecost.

over a period of time, if today one lakh crore of govt spending is producing 6000 km of high way, some years down the line gormint will get only 4000-5000 km for the same price.

if it's a private contract he is executing, his customer will pass on the cost on to us the consumers.

and our journos and economists will get to write a lot on content and soundbites on inflation

 

[eastern_bhartiya]

these sociology and political theories are fine, there are economic consequences as well.

ofcourse he making these points because his is a low margin high volume infra business. he is in the business of bidding for L1 contracts, if he is not getting the labour in the price he wants, he will just increase the L1 bid factoring the new wagecost.

over a period of time, if today one lakh crore of govt spending is producing 6000 km of high way, some years down the line gormint will get only 4000-5000 km for the same price.

if it's a private contract he is executing, his customer will pass on the cost on to us the consumers.

and our journos and economists will get to write a lot on content and soundbites on inflation

If people understood these, govt could simply say that we're paying workers more thus cost is higher and work has limitations but people need excellent work and no cost at same time. Lena hai par dena nahi.

Large parts of our population still believes that govt can magically make things happen without drawbacks. Its legacy of six decade long semi-planned economy model. There quote from jurassic park "life finds a way". Same way in economic "costs find a way" .

 

[eastern_bhartiya]

He is stating a "fact" that impacts the profitability of his business. The government is not responsible for creating a scenario that puts the economically weaker sections at the mercy of the big businesses to the extent that those big businesses can fix the "labor rate".

Economic backwardness also puts these unfortunate people at the risk of social exploitation and humiliation. Remember how the Bihari laborers were being mistreated in the other states only for being the "economic migrants"? They were being picked upon just for being weak. It is not their loss at least.

By the way, do you know why do these businesses love cheap migrant laborers? One of the major reasons: they are less likely to form the "labor unions" and forcefully negotiate better work conditions.

imo bihari migrants being harassed is a societal issue, if law enforcement there was strict any kind of offender would be punished swiftly, but these goons are often lackeys of political outfits.

 

[DingDong]

imo bihari migrants being harassed is a societal issue, if law enforcement there was strict any kind of offender would be punished swiftly, but these goons are often lackeys of political outfits.

It mostly stems from the socio-economic disparity between the migrant workers and the local population. It cannot be tackled through effective law enforcement. It is not a political issue either.

these sociology and political theories are fine, there are economic consequences as well.

ofcourse he is making these points because his is a low margin high volume infra business. he is in the business of bidding for L1 contracts, if he is not getting the labour in the price he wants, he will just increase the L1 bid factoring the new wagecost.

over a period of time, if today one lakh crore of govt spending is producing 6000 km of high way, some years down the line gormint will get only 4000-5000 km for the same price.

if it's a private contract he is executing, his customer will pass on the cost on to us the consumers.

and our journos and economists will get to write a lot on content and soundbites on inflation

Labor market's situation effects every bidder.

I have closely observed these "bids" and the profit margins are so large that even at > 10% cost escalation due to project and inventory mismanagement these companies still manage to make good profits. If these guys are so concerned about price escalation, why not start with their own pay checks?

We cannot promote labor exploitation under the garb of "inflation control". If such argument holds then let us freeze the compensation at every level in every business/trade. Why stop at salaries, let us cap the service charges and other consumable prices.

Programs like MNREGA have a very positive impact in Purvanchal and Northern Bihar (places which are the primary sources of migrant labor). It did not only ensured employment close to home, it also made sure that the money spent by the benefactors added into the local economies. Similar government programs have reduced the problems stemming from the extreme poverty prevalent in these regions.