Indian Politics and Democracy

[ezsasa]

You need a new class of entrepreneurs for the mfg sector period. The older generation are either bankrupt / disreputable , or are rent seekers or too jaded or content / have their hands full with what they have.

The new generation entrepreneurs seem more content to get into the service sector like Ola , Zomato , Swiggy etc . Or we've the stupid kinds like the Bhavish Aggarwal who venture into mfg with half baked plans .

GoI , Ministry of Commerce , Industry , Heavy Industry , Niti Aayog , industry bodies like CII , FICCI etc ought to sit down determine priority areas , map out their plans including geography , power & water distribution , land availablity etc then offer targeted subsidies like PLI to entrepreneurs monitor results closely , take remedial action where required , hand holding where required to see them thru their teething phase .

The difference between subsidies in India vs China is while our lot focused on MNREGA or digging ditches as Modi put it very early in his first term , CCP distributed subsidies to industry which is the reason you had a glut in finished goods with surplus mfg capacities. A lot of them will go under for various reasons but at least till that time their vast population is gainfully employed.

majority of the growth that has happened in last two-three decades is gormint driven and facilitated. money bags need to do some hard/clever work to either generate demand or recognise a untapped demand trend on their own. the sooner they learn to stand on their on feet for sunrise sectors, the better.

there is no guarantee that the next gormint would be willing to shoulder such a huge responsibility, there are a lot of historic, security and social issues that needs gormint attention. this hand holding of money bags cannot go on forever.

 

[shade2]

You need a new class of entrepreneurs for the mfg sector period. The older generation are either bankrupt / disreputable , or are rent seekers or too jaded or content / have their hands full with what they have.

The new generation entrepreneurs seem more content to get into the service sector like Ola , Zomato , Swiggy etc . Or we've the stupid kinds like the Bhavish Aggarwal who venture into mfg with half baked plans .

GoI , Ministry of Commerce , Industry , Heavy Industry , Niti Aayog , industry bodies like CII , FICCI etc ought to sit down determine priority areas , map out their plans including geography , power & water distribution , land availablity etc then offer targeted subsidies like PLI to entrepreneurs monitor results closely , take remedial action where required , hand holding where required to see them thru their teething phase .

The difference between subsidies in India vs China is while our lot focused on MNREGA or digging ditches as Modi put it very early in his first term , CCP distributed subsidies to industry which is the reason you had a glut in finished goods with surplus mfg capacities. A lot of them will go under for various reasons but at least till that time their vast population is gainfully employed.

You need funding for them also.

Your Dixon wagera after whom retail investor lemmings run to buy stonks has been barely surviving before the current bonanza of ESDM customers and glorious PLI moneys came in.

Your new gen entrepreneurs only bother with (((services))) because that's where the VC money is, if you are into proper manufacturing no gora VC will give you money, no deshi Dhandho coward will give you money

Govt schemes like PLI need you to be of a certain level before you are even considered to take part, let alone meeting targets to get the gibs.

I am not a baboo[n] or well read in the "how to boost industries from a govt level" field so idk what specific things they have to do to boost mfg

But they have to fix the funding portion, to start they should make it easier for folks to get loan for manufacturing enterprises, to buy machines and all

 

[why so serious?]

It would be interesting to see how many RS seats MVA get now when the term ends in 2026.

I won't be surprised if these 3 parties are not able to get even 3 seats.

This win will be a boost for NDA in RS.

 

[shade2]

If you notice, a lot of these freebies are now able to impact in much higher proportion than earlier. I think the PM Jhan Dhan Yojana and extensive digitalization on likes of UPI we went through in 2014-2024 cut a lot of middle men.

Earlier these parasites used to chug a lot of funds like in MNREGA. Now funds directly go to people's bank accounts.

For the Lower Middle class and Poor to benefit from these Freebies, only when we remove the filth inform of Middlemen, does they gonna be benefited.

Yes, that is why in terms of freebie implementation Mudi baba's party wins

This MH election cong proposed that their Ladki Bahin upgrade would give the wimmenz 3k per month instead of 1.5k currently

You can see the results, the woman voter trusts Bhajipao more than Chorgress and it's pals to actually deliver 1.5k in their bank account, by comparison the voter knows she will not see a single paisa of Chorgress' 3k

 

[Azaad]

majority of the growth that has happened in last two-three decades is gormint driven and facilitated. money bags need to do some hard/clever work to either generate demand or recognise a untapped demand trend on their own. the sooner they learn to stand on their on feet for sunrise sectors, the better.

Government assistance should be targeted like subsidised land banks , taxation , if possible preferential rate of interest , PLIs etc . For that both sectors & entrepreneurs ought to be identified. No more Dhoots , Mallyas , Ruias etc.

there is no guarantee that the next gormint would be willing to shoulder such a huge responsibility, there are a lot of historic and social issues that needs gormint attention. this hand holding of money bags cannot go on forever.

Without targeted subsidies I'm afraid our pace of growth won't be as fast as we'd like it or not at all. Agreed we can't have the Chinese model of literally throwing money at mfg such that we don't differentiate between a horse a mule & a donkey as far as entrepreneurs go but if not the methodology described above we need a new set which is effective in getting us growing at a fast pace .

 

[ezsasa]

Without targeted subsidies I'm afraid our pace of growth won't be as fast as we'd like it or not at all. Agreed we can't have the Chinese model of literally throwing money at mfg such that we don't differentiate between a horse a mule & a donkey as far as entrepreneurs go but if not the methodology described above we need a new set which is effective in getting us growing at a fast pace .

subsidies and trade facilitation are fine, these are market driven and that's part of governance across the globe. what i am talking about is money bags creating a sunrise sector on their own and to india's scale, that's how apple, facebook and amazon type companies get created.

 

[Azaad]

subsidies and trade facilitation are fine, these are market driven and that's part of governance across the globe. what i am talking about is money bags creating a sunrise sector on their own and to india's scale,

that's how apple, facebook and amazon type companies get created.

Frankly now you're asking for the moon. When mealy mouthed InfoMurthy was busy perpetuating his get rich & stay rich scheme asking workers to put in a 70-80 hour week with one day off nobody questioned him on why Infosys couldn't go beyond body shopping & job work. Nobody asked him why's it starting salaries at Infosys has remained static for nearly 2 decades.

Let's ape the Chinese in getting as much mfg we can attract internationally along with their investment ,then think of import substitution followed by creation of desi brands.

All cutting edge technology can wait . That's the job of our next generation provided we get this one right in our time.

 

[silentassassin265]

The mps from Maharashtra vinash aghadi might switch to bhajeepav (9+8)
It will take their strength to 258 seats and they can maintain the majority even without JDU .
It will not be good if those mps switched to their old parties

 

[crazywithmath]

See, @shade2 told ya. The era of caste kanging is gone; it is not the '90s anymore.

 

[shade2]

The mps from Maharashtra vinash aghadi might switch to bhajeepav (9+8)
It will take their strength to 258 seats and they can maintain the majority even without JDU .
It will not be good if those mps switched to their old parties

Bhajipao's 132 leading/won seats itself makes it very easy for them, they are going to vaccum the independents and the 1-2 seat winner parties by tomorrow

Rest it doesn't matter, Eknath, Ajit, Uddhav.

 

[silentassassin265]

Bhajipao's 132 leading/won seats itself makes it very easy for them, they are going to vaccum the independents and the 1-2 seat winner parties by tomorrow

Rest it doesn't matter, Eknath, Ajit, Uddhav.

I was talking about lok sabha

 

[shade2]

I was talking about lok sabha

Yes yes, slowly they will do that to pad their LS numbers by stealing MPs from MVA in MH and SP in UP.
It's a necessity for them, more BJP MPs means less tantrum throwing by (((allies))) in LS

 

[Azaad]

Maharashtra ka sabse badaa xutia

https://www.business-standard.com/elections/maharashtra-elections/ahead-of-poll-results-bjp-mumbai-secretary-sachin-shinde-joins-shiv-sena-124112300290_1.html