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Old October 17th, 2019, 06:15 AM   #13481
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Tesla, software and disruption

very good read. We throw words left right and center without any clue
-----------------------------------------------

https://www.ben-evans.com/benedictev...and-disruption

This gives us four things to think about when looking at Tesla:

--First, it does have to learn the ‘old’ things - it has to learn how to make cars at scale with the efficiency and quality that the existing car industry takes for granted, preferably not in a tent, and preferably without running out of cash on the way. But, solving ‘production hell’ is just a condition of entry - it’s not victory. If it can only do this, it’s just another car company, and that’s not what has anyone excited. It’s what the cars are that matters.

--Second, Tesla also has to be doing new things that the incumbent car OEMs will struggle to learn. This is not quite the same as doing things that the OEMs’ suppliers will struggle to learn.

--Third, those disruptive things need to be fundamentally important - they need to be enough to change the basis of competition, and to change what it is to be a car and a car company, so that it matters if they can’t be copied.

--Fourth, in addition to all of these there needs to be some fundamental competitive advantage, not just over the existing car industry but also over other new entrants. Apple did things Nokia could not do, but it also does things that Google cannot do.

Now, let’s talk about what’s happening in cars. This is complex, because there are several somewhat separate changes happening at the same time.
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Old October 17th, 2019, 06:53 AM   #13482
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Originally Posted by chuck_nbc View Post
Not for a guy with opinion. That guy knows nothing about history or economics nor does he care. He is also an Indian so obviously devoid of any morals or ethics.

Indians are not to fit to rule themselves. Bring back Raj.
Indians like you, yes. How unfortunate for the rest of us, though, no? E.W.Howe's quote, "A thief believes everybody steals" apltly applies to you and your kind.
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Old October 18th, 2019, 12:36 AM   #13483
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Can you explain the ECONOMIC policies of MMS?

Must be nice to hide behind internet. Can't laugh at your face,can't we?

And who are these "economists"? Tell us what nation or corporation do these experts run and please tell us about the "success" stories.

Indian economy is a joke and only in India, a mediocre person like ManMohan Singh is touted as some kind of genius. I guess Chinese failed to ask all these morons how do business and look where they are now!
I'll give answer point by point hope you follow:

1. Economic policy of MMS was not to disrupt the normal flow of business or spook FII money.

2. Aren't we all hiding behind internet? Also you used 2 negatives (can't) in a rhetorical question, which defeats the purpose; but let's not delve into that, shall we? See what I did there? 😂

3. a. These experts have/had successful tenures at IMF which in itself is as complex as a nation (Raghuram Rajan & Geeta).

b. Raghuram Rajan was also among the people who predicted the 2008 fin. crisis in 2005. He talked about it in a meeting attended by the then US Fed chairman Alan Greenspan.

c. Abhijit Banerjee and his wife's research work are refered by Barack Obama himself, who is deeply influenced their work. Their org. has worked with various governments to ensure better implementation of public policies.

d. MMS is a unique blend of a rare breed of academics who have the coveted OxBridge degree Oxford as well as Cambridge. I'm not even a Congress sympathiser or supporter, but I respect the man.

4. China is in the state of decay, they have an inverted age graph, in 20 years there'll be 4 old dependents for each young earner. Their gender demographic is screwed and wealthy citizens are fleeing to first world countries. It's not your fault you don't know, the media is heavily regulated, much like what's been happening in India these day.

And hey hope you consider my points in the right spirit, we're both concerned citizens here.
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Old October 18th, 2019, 08:21 AM   #13484
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Overestimating the positive impact economist can have on economy!
Any one can destroy economy and you need not be an economist. Destruction of any kind is fairly easy to do

Reality check: if govt makes everything free (land, funds, taxes, etc etc), do you think India will start creating companies that can have world class product? or suddenly become creative?

Quote:
Originally Posted by Thanekar View Post
I'll give answer point by point hope you follow:

1. Economic policy of MMS was not to disrupt the normal flow of business or spook FII money.

2. Aren't we all hiding behind internet? Also you used 2 negatives (can't) in a rhetorical question, which defeats the purpose; but let's not delve into that, shall we? See what I did there? 😂

3. a. These experts have/had successful tenures at IMF which in itself is as complex as a nation (Raghuram Rajan & Geeta).

b. Raghuram Rajan was also among the people who predicted the 2008 fin. crisis in 2005. He talked about it in a meeting attended by the then US Fed chairman Alan Greenspan.

c. Abhijit Banerjee and his wife's research work are refered by Barack Obama himself, who is deeply influenced their work. Their org. has worked with various governments to ensure better implementation of public policies.

d. MMS is a unique blend of a rare breed of academics who have the coveted OxBridge degree Oxford as well as Cambridge. I'm not even a Congress sympathiser or supporter, but I respect the man.

4. China is in the state of decay, they have an inverted age graph, in 20 years there'll be 4 old dependents for each young earner. Their gender demographic is screwed and wealthy citizens are fleeing to first world countries. It's not your fault you don't know, the media is heavily regulated, much like what's been happening in India these day.

And hey hope you consider my points in the right spirit, we're both concerned citizens here.
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Old October 18th, 2019, 04:18 PM   #13485
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Quote:
Originally Posted by Thanekar View Post
I'll give answer point by point hope you follow:

1. Economic policy of MMS was not to disrupt the normal flow of business or spook FII money.

2. Aren't we all hiding behind internet? Also you used 2 negatives (can't) in a rhetorical question, which defeats the purpose; but let's not delve into that, shall we? See what I did there? ��

3. a. These experts have/had successful tenures at IMF which in itself is as complex as a nation (Raghuram Rajan & Geeta).

b. Raghuram Rajan was also among the people who predicted the 2008 fin. crisis in 2005. He talked about it in a meeting attended by the then US Fed chairman Alan Greenspan.

c. Abhijit Banerjee and his wife's research work are refered by Barack Obama himself, who is deeply influenced their work. Their org. has worked with various governments to ensure better implementation of public policies.

d. MMS is a unique blend of a rare breed of academics who have the coveted OxBridge degree Oxford as well as Cambridge. I'm not even a Congress sympathiser or supporter, but I respect the man.

4. China is in the state of decay, they have an inverted age graph, in 20 years there'll be 4 old dependents for each young earner. Their gender demographic is screwed and wealthy citizens are fleeing to first world countries. It's not your fault you don't know, the media is heavily regulated, much like what's been happening in India these day.

And hey hope you consider my points in the right spirit, we're both concerned citizens here.
name one major reform passed by MMS on issues such as taxes (direct and indirect) labour and land from 2014 to 2019.
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Old October 18th, 2019, 04:43 PM   #13486
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Originally Posted by m_1973 View Post
very good read. We throw words left right and center without any clue
-----------------------------------------------

https://www.ben-evans.com/benedictev...and-disruption

This gives us four things to think about when looking at Tesla:

--First, it does have to learn the ‘old’ things - it has to learn how to make cars at scale with the efficiency and quality that the existing car industry takes for granted, preferably not in a tent, and preferably without running out of cash on the way. But, solving ‘production hell’ is just a condition of entry - it’s not victory. If it can only do this, it’s just another car company, and that’s not what has anyone excited. It’s what the cars are that matters.

--Second, Tesla also has to be doing new things that the incumbent car OEMs will struggle to learn. This is not quite the same as doing things that the OEMsÂ’ suppliers will struggle to learn.

--Third, those disruptive things need to be fundamentally important - they need to be enough to change the basis of competition, and to change what it is to be a car and a car company, so that it matters if they canÂ’t be copied.

--Fourth, in addition to all of these there needs to be some fundamental competitive advantage, not just over the existing car industry but also over other new entrants. Apple did things Nokia could not do, but it also does things that Google cannot do.

Now, letÂ’s talk about whatÂ’s happening in cars. This is complex, because there are several somewhat separate changes happening at the same time.

building on this very interesting post.

Some of the 2 wheeler being launched by start ups offer 100-150 km range (will realistically be around half that) a detachable battery you can charge at home in 6-7 hours and is priced in the 50-1 lakh zone. By my estimates this makes them cheaper to buy and run than conventional mopeds over a period of say 5 years.

Honestly the slowdown in the two wheeler market is more a question of consumers waiting to see the prices of two wheeler before committing.

As i understand two wheeler are more a cash purchase than a finance purchase.
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Old October 18th, 2019, 05:24 PM   #13487
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Old October 18th, 2019, 07:26 PM   #13488
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I'll give answer point by point hope you follow:

1. Economic policy of MMS was not to disrupt the normal flow of business or spook FII money.
Stopped reading right here, basically he wanted to play safe and cared more about how Economy LOOKED than how it actually WAS. This coward was so scared of disrupting status quo and clean India's business houses that he would rather give loans indiscriminately to these crooks and allow NPA issue to prop up, than go the modi way and clean up the economy. GDP growth is frankly a meme, it really does not matter to people on ground, GDP growth is pointless if it isn't used to lift up India's masses. Modi's investment in Sanitation alone has saved more lives than anything UPA has or could have done. MMS is just a coward robot who does not even deserve to be anyone's chauffeur.

Manmohan was no doubt an eminent economist since he shared the traits all 'eminent' economists have, cowardice, hubris, ego, and no skin in game. God save any nation under rule of eminent economists .
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Old October 19th, 2019, 09:56 AM   #13489
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Bad news!!

Consumption in rural India hits a 7-year low

3 min read . Updated: 17 Oct 2019, 11:29 PM IST
Suneera Tandon

Farm distress, stagnant incomes have eroded demand, shows Nielsen data

Consumption in rural areas grew at 5% in terms of value in the Sep quarter, while in urban India, the growth was 8%


Rural household consumption slumped to a seven-year low in the September quarter, in a sign that the prolonged agrarian distress and near-stagnant rural incomes have eroded demand for consumer goods, market researcher Nielsen said.

Consumption of packaged consumer goods by rural households also grew at a slower pace than in urban areas for the first time in seven years, Nielsen said in a quarterly report on Thursday.

The rural economy has been plagued by falling crop prices and declining incomes, resulting in a severe slump in demand. Falling income has not only singed farmers but also landless wage workers, who together account for two-thirds of all rural households.

In the September quarter, rural grew at 5% in terms of value, sharply slower than 20% reported in the year earlier. Urban India grew at 8% compared with 14% in the year-ago period.

Across urban and rural markets, September quarter growth rates dropped to 7.3% from 16.2% in the year earlier.

Consumption volumes grew 3.9% in the September quarter against 13.2% a year ago. Rural India contributes 36% to overall FMCG spends and has historically been growing around three-five percentage points faster than urban.

“In the last seven years, this is the lowest we are seeing from a rural growth perspective; second is, we have always seen so much potential coming in rural from a commodity to branding perspective that rural always used to outpace urban from a growth point of view. This is the first time around where we are seeing otherwise," Sunil Khiani, head of retail measurement services at Nielsen South Asia, said in an interview.

Erratic rainfall in the last three months caused floods in as many as 13 states and worsened the plight of farmers, compounding the slowdown, Khiani said.

Nielsen has, however, retained its annual growth forecast for the FMCG market at 9-10%. In the quarter ended June, Nielsen had cut its earlier growth forecast of 11-12%. Analysts at Nielsen have warned that demand could cool further in the December quarter, before picking up in the three months to 30 April. Nielsen tracks consumption of branded fast moving consumer goods in over 80 categories across urban and rural India.

The slump in consumption has been hurting packaged goods makers over the last few quarters. Earlier this week, Hindustan Unilever Ltd (HUL), India’s largest household goods maker, said it has not seen an uptick in demand. For the September quarter, HUL’s revenue rose 6.7% to ₹9,852 crore from a year earlier. Sales volume rose just 5% during the period as demand cooled, especially in rural India. “On an overall market basis, the slowdown has happened more in rural areas than in urban. During good times, rural growth used to be 1-1.5 times that of urban in the last four-five years. Now, it has come down to half of urban growth," Sanjiv Mehta, chairman and managing director of Hindustan Unilever, the local unit of the Anglo-Dutch firm, said after announcing the September quarter earnings.

Khiani said the researcher has seen trends in the markets, where shoppers were moving to lower price packs, something reported by several companies.

Adani Wilmar Ltd, which sells edible oils, rice and pulses, has seen a pickup in sales of its lower priced variants of cooking oils that are at least 10-15% cheaper than the regular variants. “These brands are gaining momentum in such times, especially in urban markets," said Ajay Motwani, head of marketing at Adani Wilmar.

Slow offtake of goods and a liquidity squeeze have prompted neighbourhood stores to stock fewer goods. As a result, “small retailers and kirana stores have seen a drop in earnings", Khiani added.

In the September quarter, sales per store in rural areas were a fourth compared to the year-ago period, reflecting a significant drop in demand among rural consumers. Earnings of such shops in rural markets grew at 5% in the September quarter compared to the 19% growth they clocked in the same quarter last year, according to the findings of the Nielsen report.

The slowdown is far more severe in north India, Nielsen’s data showed. “North market has seen maximum impact where volume growth is almost flat at 1% in Q3 2019," the report said. Markets in the southern states continued to hold on to growth rates, especially urban households in south India, that helped lift sales of packaged foods.

Nielsen expects growth in Q4 2019 to be in the 6.5-7.5% range. The growth forecast for Q1 2020 (January-March) is in the range of 7.5-8.5%. It expects demand to bounce back early next year.

“We are now finally seeing early signs of the declining trends being arrested," the report said.

https://www.livemint.com/industry/re...334835256.html

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Old October 19th, 2019, 06:54 PM   #13490
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Bad news!!

Consumption in rural India hits a 7-year low

This is happening all over the world - there are worrying signs coming from the US, China, EU, and a number of other major countries. India is more integrated into the global economy than it was in 2008, so it won't be spared. I don't know why people are pointing to Indian policies right now.
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Old October 19th, 2019, 09:36 PM   #13491
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This is happening all over the world - there are worrying signs coming from the US, China, EU, and a number of other major countries. India is more integrated into the global economy than it was in 2008, so it won't be spared. I don't know why people are pointing to Indian policies right now.
Oh come on now, it says rural India, there's a policy paralysis, govts. state & central have no clue & are deaf to all suggestions. They are benchmarking state of the economy by the collections that movies made on 2nd October. We the people don't have to settle for their excuses, we need to question as citizens of the country first rather than paying patronage to out political leanings, for once, it's need of the hour.

WE HAVE TO LOOK AT THE ISSUES IN THE EYE RATHER THAN DIGGING OUR HEADS UNDER THE SAND LIKE CROOKED OSTRICHES.
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Old October 20th, 2019, 10:03 AM   #13492
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Will/Can the government go for labour law reforms ?
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Old October 20th, 2019, 01:36 PM   #13493
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India’s forex reserves at new life-time high of $439.712 billion

https://www.financialexpress.com/eco...llion/1739927/

So much for people moaning about the RBI $24 billion transfer...
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Old October 20th, 2019, 04:12 PM   #13494
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India’s forex reserves at new life-time high of $439.712 billion

https://www.financialexpress.com/eco...llion/1739927/

So much for people moaning about the RBI $24 billion transfer...
How are our foreign exchange increasing ? As we import more than we export ? is it because of the Loans the government is taking , because even investment has stagnated .
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Old October 20th, 2019, 04:40 PM   #13495
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Will/Can the government go for labour law reforms ?
The overall impact of labor reforms for Indian manufacturing and Economy will be a big zero. Policy OpEds in this country are so stupid that they keep hyping up these supposedly great reforms that will transform the nation. Increasing spending by 20% on Healthcare and Education will do more for our economy in long term than any labor law reform. Modi has it right that he is sticking to basics like piped water to every household.
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Old October 21st, 2019, 09:47 AM   #13496
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Originally Posted by Thanekar View Post
I'll give answer point by point hope you follow:

1. Economic policy of MMS was not to disrupt the normal flow of business or spook FII money.

2. Aren't we all hiding behind internet? Also you used 2 negatives (can't) in a rhetorical question, which defeats the purpose; but let's not delve into that, shall we? See what I did there? ��

3. a. These experts have/had successful tenures at IMF which in itself is as complex as a nation (Raghuram Rajan & Geeta).

b. Raghuram Rajan was also among the people who predicted the 2008 fin. crisis in 2005. He talked about it in a meeting attended by the then US Fed chairman Alan Greenspan.

c. Abhijit Banerjee and his wife's research work are refered by Barack Obama himself, who is deeply influenced their work. Their org. has worked with various governments to ensure better implementation of public policies.

d. MMS is a unique blend of a rare breed of academics who have the coveted OxBridge degree Oxford as well as Cambridge. I'm not even a Congress sympathiser or supporter, but I respect the man.

4. China is in the state of decay, they have an inverted age graph, in 20 years there'll be 4 old dependents for each young earner. Their gender demographic is screwed and wealthy citizens are fleeing to first world countries. It's not your fault you don't know, the media is heavily regulated, much like what's been happening in India these day.

And hey hope you consider my points in the right spirit, we're both concerned citizens here.
China is an animal you don't understand and US and Europe is struggling to figure out, so lets not get into the usual China is going down drivel. China's GDP is 14.2 Trillion dollars as on today. They achieved it through single minded dogged approach. They use communism as a tool for autocracy to bulldoze with policies and today they are the world's manufacturing hub.China have their tentacles spread in every segment you can think of
Generics, Aerospace, UAV, E vehicles, Telecom equipment, software, textiles. Coupled with a good Military industry complex (MIC) and a foreign policy based on Chinese exceptionalism they are giving nightmares to the deep state in US and Europe. Even Muslim countries are giving them a long rope inspite of their shenanigans with Uighirs. This game of predicting its demise will run up-to 2050, which will be the tipping point.
What I am trying to say is that China unlike India did not fall to the trap of isms and imported foreign e'con'mists, they implemented successfully which so called eminent e'con'mists had poo-poohed as impossible.
MMS was a senior RBI official and had served in planning commission in the Rajiv Gandhi era. He is very much to blame for the economic debacle of 1990s. Just like Mr Rajan is responsible for Participatory notes and 80:20 scheme which helped scoundrels like Nirav Modi and Choksi. Since he was an economic adviser couple of years before he became the RBI governor. The so called "con"mists supported the dubious Nyay scheme which would have lead to hyperinflation as of the likes of Zimbabwe and Venezuela.
We credit MMS for the turnaround of 90s but forget someone called Narasimha Rao who exhausted his political capital in pushing for the policies which enabled liberalization.
So, please stop waxing eloquent on the above ''con''mists whose theories are no good in the real world.
The proof of the pudding is in eating, you can have a 1000 hrs of flying experience in flight simulator but that will not make you Chuck Yeager.
MMS rode the unbridled capital inflows of 2000s but he did nothing to improve the fundamentals like literacy, poverty, vocational studies and primary education.
Coupled with the endemic corruption, India will follow Latin American fate of middle income trap (unless some ruthless and game changing measures are taken).
You don't need a Amartya Sen to study & implement this but a pragmatic and strong leader.
Amartya Sen spend years studying the the Kerala model of economics conundrum or anomaly, but could not replicate it elsewhere. It is simple enough that even if Kerala has a very few industries thanks to militant labor unions , still they have got their fundamentals in place which is literacy,primary education and health. So, literate people were in a position to escape the squalor of 70s by migrating to metros and later the middle east. But, this model has catch, it is subject to magnanimity of The Arabs and other states and the largesse of the Centre.
The above models are not sustainable in the long run without economic heft as seen in crumbling social welfare systems put in place.
Their counterpart in W Bengal and Tripura failed in achieving the same inspite of communism. It is not the isms that matter but getting things done.

I end this with a quote from Nicholas Nassim Taleb.

Charlatans & economists use logical flaw: because a pilot is expert, they are experts.

But Pilots are selected via skin-in-the-game mechanisms. Plumbers, dancers, dentists, mathematicians, snipers, pastry chefs are experts.

Economists BS for a living.
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Old October 21st, 2019, 03:13 PM   #13497
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China is an animal you don't understand and US and Europe is struggling to figure out, so lets not get into the usual China is going down drivel. China's GDP is 14.2 Trillion dollars as on today. They achieved it through single minded dogged approach. They use communism as a tool for autocracy to bulldoze with policies and today they are the world's manufacturing hub.China have their tentacles spread in every segment you can think of
Generics, Aerospace, UAV, E vehicles, Telecom equipment, software, textiles. Coupled with a good Military industry complex (MIC) and a foreign policy based on Chinese exceptionalism they are giving nightmares to the deep state in US and Europe. Even Muslim countries are giving them a long rope inspite of their shenanigans with Uighirs. This game of predicting its demise will run up-to 2050, which will be the tipping point.
What I am trying to say is that China unlike India did not fall to the trap of isms and imported foreign e'con'mists, they implemented successfully which so called eminent e'con'mists had poo-poohed as impossible.
MMS was a senior RBI official and had served in planning commission in the Rajiv Gandhi era. He is very much to blame for the economic debacle of 1990s. Just like Mr Rajan is responsible for Participatory notes and 80:20 scheme which helped scoundrels like Nirav Modi and Choksi. Since he was an economic adviser couple of years before he became the RBI governor. The so called "con"mists supported the dubious Nyay scheme which would have lead to hyperinflation as of the likes of Zimbabwe and Venezuela.
We credit MMS for the turnaround of 90s but forget someone called Narasimha Rao who exhausted his political capital in pushing for the policies which enabled liberalization.
So, please stop waxing eloquent on the above ''con''mists whose theories are no good in the real world.
The proof of the pudding is in eating, you can have a 1000 hrs of flying experience in flight simulator but that will not make you Chuck Yeager.
MMS rode the unbridled capital inflows of 2000s but he did nothing to improve the fundamentals like literacy, poverty, vocational studies and primary education.
Coupled with the endemic corruption, India will follow Latin American fate of middle income trap (unless some ruthless and game changing measures are taken).
You don't need a Amartya Sen to study & implement this but a pragmatic and strong leader.
Amartya Sen spend years studying the the Kerala model of economics conundrum or anomaly, but could not replicate it elsewhere. It is simple enough that even if Kerala has a very few industries thanks to militant labor unions , still they have got their fundamentals in place which is literacy,primary education and health. So, literate people were in a position to escape the squalor of 70s by migrating to metros and later the middle east. But, this model has catch, it is subject to magnanimity of The Arabs and other states and the largesse of the Centre.
The above models are not sustainable in the long run without economic heft as seen in crumbling social welfare systems put in place.
Their counterpart in W Bengal and Tripura failed in achieving the same inspite of communism. It is not the isms that matter but getting things done.

I end this with a quote from Nicholas Nassim Taleb.

Charlatans & economists use logical flaw: because a pilot is expert, they are experts.

But Pilots are selected via skin-in-the-game mechanisms. Plumbers, dancers, dentists, mathematicians, snipers, pastry chefs are experts.

Economists BS for a living.
Intellectuals are good at writing books, not formulating policies.
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Old October 21st, 2019, 03:51 PM   #13498
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Stopped reading right here, basically he wanted to play safe and cared more about how Economy LOOKED than how it actually WAS. This coward was so scared of disrupting status quo and clean India's business houses that he would rather give loans indiscriminately to these crooks and allow NPA issue to prop up, than go the modi way and clean up the economy. GDP growth is frankly a meme, it really does not matter to people on ground, GDP growth is pointless if it isn't used to lift up India's masses. Modi's investment in Sanitation alone has saved more lives than anything UPA has or could have done. MMS is just a coward robot who does not even deserve to be anyone's chauffeur.

Manmohan was no doubt an eminent economist since he shared the traits all 'eminent' economists have, cowardice, hubris, ego, and no skin in game. God save any nation under rule of eminent economists .
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Originally Posted by gsouza View Post
Bad news!!

Consumption in rural India hits a 7-year low

3 min read . Updated: 17 Oct 2019, 11:29 PM IST
Suneera Tandon

Farm distress, stagnant incomes have eroded demand, shows Nielsen data

Consumption in rural areas grew at 5% in terms of value in the Sep quarter, while in urban India, the growth was 8%


https://www.livemint.com/industry/re...334835256.html



People think waiving of Lakhs of crores of Corporate loans is called as clean up of economy..
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Old October 21st, 2019, 04:19 PM   #13499
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Originally Posted by Thanekar View Post
Oh come on now, it says rural India, there's a policy paralysis, govts. state & central have no clue & are deaf to all suggestions. They are benchmarking state of the economy by the collections that movies made on 2nd October. We the people don't have to settle for their excuses, we need to question as citizens of the country first rather than paying patronage to out political leanings, for once, it's need of the hour.

WE HAVE TO LOOK AT THE ISSUES IN THE EYE RATHER THAN DIGGING OUR HEADS UNDER THE SAND LIKE CROOKED OSTRICHES.
Why are you a "crooked" Ostrich? I mean all Indian are crooked by default so could that be..

Anyways, I am going to google great rural economic policies of MMS!
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Old October 22nd, 2019, 03:43 PM   #13500
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Originally Posted by mangalore mania View Post


People think waiving of Lakhs of crores of Corporate loans is called as clean up of economy..
You must have some rock solid proof yo back up your claim of modi being a cronyist. Kindly post it here.
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