Indian Economy : News,Discussions & Updates

Logistics. Faster trains. Cheaper air travel etc. The bullet project if had completed on time, would have developed whole belt and reduced congestion in Mumbai.

Then you connect that to other belts. Make it easy and quick to move from one city to another. One state to another. And you will unlock the underused potential of India.

Unlocking traffic saved time and increases efficiency. It might not matter if you look at from individual pov or short term. But it's a game changer. And that's where politics failed us.
Just logistics..? what about judiciary,labour laws, energy, land laws/aquisition,cost/shortage of capital etc...above all bureaucracy Don't you think these are big enough to be called out..?
 
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Just logistics..? what about judiciary,labour laws, energy, land laws/aquisition,cost/shortage of capital etc...above all bureaucracy Don't you think these are big enough to be called out..?
Ofcourse they are. I just gave one aspect of it.
Nowhere did I say that's all encompassing.
One is a issue in system and institution.
What I gave was a practical solution to your query of advancing Indian economy at a higher rate.

It was not an answer of whats wrong with India. Just an answer to what can be done. Instead of an all encompassing and vague answer, i thought a focused domain will help you to dig deeper.

And improving logistics will mean improving land acquisition, Beauracracy etc.. but no one would touch reform in Beauracracy of you just say reform the system.
But if you ask that we need to make logistics better and these are the systematic issues hindering it, the system will show better response and openness go reduce those hinderance. And again, that's where our politics fail us. When stopping bullet train project is due to opposing the govt who initiated it.

And every party is perpetrator when many state level initiatives are stalled when govt changes. I come from Rajasthan. Here , we have seen alternating govt consecutively for decades now. And every new govt stops atleast a couple of projects initiated by previous govt waiting to be restarted by next govt.

Both BJP and Congress does it. Only thing they have continued is looting the taxpayers money and bowing down to mafias.
 
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Problem with India is that the bureaucracy & politicians have displayed utter disregard towards national interest, just grease some ones pockets every thing will be fine.

Jane street manipulated stock market & got banned.


After some time our boys had change of heart , they paid some amount and they resumed manipulation. With such actions why would any one take the buffons in India seriously.

 
For the people who cite that India's GDP per capita is low and it cannot run development projects in parallel. Please go through this video first and get a general understanding of how GDP per capita is being cited and what it truly means.

 

So, Trump's tariff's are gonna have marginal to no impact on the Indian economy because of how insular our economy is.

It's kinda hilarious, ngl.
 

So, Trump's tariff's are gonna have marginal to no impact on the Indian economy because of how insular our economy is.

It's kinda hilarious, ngl.
It will dent our manufacturing especially labor intensive manufacturing which means any growth we have will continue to be jobless growth. Luckily Indians are more passive as a people hence this level of joblessenss may not incite the instability we see in Latin America but still is a problem.
 
It will dent our manufacturing especially labor intensive manufacturing which means any growth we have will continue to be jobless growth. Luckily Indians are more passive as a people hence this level of joblessenss may not incite the instability we see in Latin America but still is a problem.
Revenue would surely dip for some industries (like textiles and footwear), but impact on overall economy and employment wouldn't be as bad as Trump & co might expect because very few if any manufacturers in India cater purely to the export market. Trade with US makes only 1-2% of our GDP and there are other markets out there (not as huge as the US obviously) we can explore. Government should hasten ongoing FTA talks with various countries to reduce the damage even further.

Software and services, our biggest export, are pretty hard to tariff so that's another measure of protection for us.

Overall, yeah, there will be an impact but it'll be pretty minor in the short term. Long term is iffier, but domestic demand provides some cushion.

On a personal note, I am kinda happy about diamond and gem market getting tariffed. Those assholes have huge margins and they can take this beating on the chin. Fingers crossed that they actually lower prices for the domestic market instead of hoarding their stock.
 
No jobs will be lost. Only profit margins of factory owners. If they direct some of those exports to domestic market, it can have serious effect on increasing consumption.

Increased supply will mean logistics chain will open up too. India sells cheap things to USA. So, India can benefit from them. And all these jobs would've been automated in next 10 years anyway. Atleast now there's a visible factor in Trump and can utilise this moment for upskilling.

I seriously hope that govt does something to make education affordable. It's getting ridiculously expensive. I would love if UGC does away with the degree system and opt for certification and credit system.
And more focus on home schooling and examination without enrolling at school.

Current system is so stupid that I want to give a slap to the one who made this system.
 
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No jobs will be lost. Only profit margins of factory owners. If they direct some of those exports to domestic market, it can have serious effect on increasing consumption.

Increased supply will mean logistics chain will open up too. India sells cheap things to USA. So, India can benefit from them. And all these jobs would've been automated in next 10 years anyway. Atleast now there's a visible factor in Trump and can utilise this moment for upskilling.

I seriously hope that govt does something to make education affordable. It's getting ridiculously expensive. I would love if UGC does away with the degree system and opt for certification and credit system.
And more focus on home schooling and examination without enrolling at school.

Current system is so stupid that I want to give a slap to the one who made this system.
Not only is it becoming expensive, it has also been out of touch with reality. The entire higher education needs an overhaul. They do not care about the graduates that they are churning. Imagine 35 percent of MBA graduates are found to lack skills when it comes to middle management profiles. Some aspects of Indian education are in dire straits.
 
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Revenue would surely dip for some industries (like textiles and footwear), but impact on overall economy and employment wouldn't be as bad as Trump & co might expect because very few if any manufacturers in India cater purely to the export market. Trade with US makes only 1-2% of our GDP and there are other markets out there (not as huge as the US obviously) we can explore. Government should hasten ongoing FTA talks with various countries to reduce the damage even further.

Software and services, our biggest export, are pretty hard to tariff so that's another measure of protection for us.

Overall, yeah, there will be an impact but it'll be pretty minor in the short term. Long term is iffier, but domestic demand provides some cushion.

On a personal note, I am kinda happy about diamond and gem market getting tariffed. Those assholes have huge margins and they can take this beating on the chin. Fingers crossed that they actually lower prices for the domestic market instead of hoarding their stock.
Manufacturing is the only way to solve Indias unemployment problem and with these tarrifs, manufacturing ecosystem in India will be hurt. We will have growth but it will be jobless growth like we have seen already. Middle class will grow much more slowly and poverty will take longer to be erased as will inequality.
 
Not only is it becoming expensive, it has also been out of touch with reality. The entire higher education needs an overhaul. They do not care about the graduates that they are churning. Imagine 35 percent of MBA graduates are found to lack skills when it comes to middle management profiles. Some aspects of Indian education are in dire straits.
Indian public education at the primary and secondary level is pathetic and most people desperately try to enroll their kids in private schools which leech hell lot of money from them. Achieving mass literacy in a country which doesn't even speak one language is a complex task which will take long time to achieve, let alone standardizing the development of skills across India. India's educational future is basically clusters of regions such as the South, West, capital region and maybe central producing talent while Bihar, Jharkhand, eastern UP, Chhattisgarh etc will have near subsaharan African levels of literacy, nutrition and skills development unfortunately. Bihar specifically has abundance of talent which will likely never get tapped.

The education at the university level is also bad outside of a couple of private engineering universities and the IITs, IIITs, IISc, NITs, AIIMS etc. For educational development, India's unbelievable diversity proved to be its worst curse!
 
Indian public education at the primary and secondary level is pathetic and most people desperately try to enroll their kids in private schools which leech hell lot of money from them. Achieving mass literacy in a country which doesn't even speak one language is a complex task which will take long time to achieve, let alone standardizing the development of skills across India. India's educational future is basically clusters of regions such as the South, West, capital region and maybe central producing talent while Bihar, Jharkhand, eastern UP, Chhattisgarh etc will have near subsaharan African levels of literacy, nutrition and skills development unfortunately. Bihar specifically has abundance of talent which will likely never get tapped.

The education at the university level is also bad outside of a couple of private engineering universities and the IITs, IIITs, IISc, NITs, AIIMS etc. For educational development, India's unbelievable diversity proved to be its worst curse!
Even IITS, IISC etc don't have good education. Just imagine, out of lakhs of people.. they intake the best of student. From such a vast pool, you take the best of the talent, who go above and beyond the 12th class curriculum, disciplined, dedicated, ambitious students and what's the result ? Just a couple of good packages to market headlines. Even those are outside India, not in India.

Given the calibre of the kids they intake, the teaching and education is still below par. They will do good in any college.

If the education was good, they would've acted as a force multiplier.