At ThePrint's Off The Cuff, the economist said monetisation of deficit as a one-time measure can be considered given that inflationary pressures are low.
Issuing new debt with no limits on investments by foreigners will be the first ‘necessary step’ for inclusion in global indexes, CEA Krishnamurthy Subramanian says.
Previous chief economic adviser Arvind Subramanian presented 4 economic surveys with 4 big ideas that indicated a way forward for comprehensive development.
CSE, one of India’s oldest bourses, is edging towards a voluntary exit. It could never recover from market manipulation scam that caused a payment crisis at exchange back in 2001.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
Quality and skill level of Indian labor is not attractive enough .. also festival celebration does not square with manufacturing culture . MNC prefer Laos, Vietnam Indonesia in preference to India
The heading should have been “Unreliable, opaque China’ and not Virus hit China. Secondly we need to throw away the concept of Life time employment and too many benefits for labor to encourage labor to up skill. Also offer incentive to employers to help labor to up skill. This is necessary as AI will kill many jobs. Ease of closing business should be a part of ease of doing business. This requires no future obligations or payments to labor. This may involve increasing current payments to labor.
IF, (and this is very big IF) Manufacturing companies moved into India after COVID 19. They would move out equally quickly when they face the problems of water, power, education, health, rule of law, judicial corruption, expense, delays, roads, transportation, taxes procedure and amount,, toll, licenses, delays by the State in every thing, lack of disciplined, learning labour, and extortion by the employees of the Indian State for everything essential to running a business including not being closed down on some pretext or the other under India “law”.
This apart from the demand that they purchase “Election Bonds” to keep Modi happy and smiling upon them!!!
If India had a suitable environment for manufacturing, India would have already been a Manufacturing hub. Think about it. A
India has no Governance. That is the real problem.
Perfectly correct.
Tax is overjoyed issue. You pay tax only if there is a profit. To make profit you need to operate – import, transport, produce, sell. With our wasted governance and political-beauraucratic greed, poor law & order, poor contract enforcement and infrastructure there is little chance left for making a profit.
Unless drastic and immediate changes in outdated systems, laws and mentality is not brought about, there is a little chance for this to happen.
We should make the environment favourable for foreign manufacturers but more focus should be on indigenous industries and startups. With global production coming to a halt and supply chain disrupted, we should source more item from within the country and develop the supply chain within our country to decrease the overall cost of operations which will make our products cheaper in the world. Foreign companies will automatically be attracted seeing the advantage of operating in India. Major industries should be identified and be made completely self reliant so that in times of need we don’t have to depend on other countries.example -defence,healthcare,foodprocessing,etc. Focus should also be on mass manufacturing of renewable energy products and electric vehicles. More R&D should be done in these fields. We need to try to be completely self reliant on our energy needs. Space is also the future and it should not be ignored. Space tech should be developed and Pvt players should be involved. Compared to other countries,we have a lead in this field and should exploit it to the fullest to become a leader. Every field where we have a lead,be it IT or pharmacy,should be exploited now to make sure we dominant in these fields.
Stop fake news, they are dangerous5 viru5, ………
Quality and skill level of Indian labor is not attractive enough .. also festival celebration does not square with manufacturing culture . MNC prefer Laos, Vietnam Indonesia in preference to India
The heading should have been “Unreliable, opaque China’ and not Virus hit China. Secondly we need to throw away the concept of Life time employment and too many benefits for labor to encourage labor to up skill. Also offer incentive to employers to help labor to up skill. This is necessary as AI will kill many jobs. Ease of closing business should be a part of ease of doing business. This requires no future obligations or payments to labor. This may involve increasing current payments to labor.
IF, (and this is very big IF) Manufacturing companies moved into India after COVID 19. They would move out equally quickly when they face the problems of water, power, education, health, rule of law, judicial corruption, expense, delays, roads, transportation, taxes procedure and amount,, toll, licenses, delays by the State in every thing, lack of disciplined, learning labour, and extortion by the employees of the Indian State for everything essential to running a business including not being closed down on some pretext or the other under India “law”.
This apart from the demand that they purchase “Election Bonds” to keep Modi happy and smiling upon them!!!
If India had a suitable environment for manufacturing, India would have already been a Manufacturing hub. Think about it. A
India has no Governance. That is the real problem.
Perfectly correct.
Tax is overjoyed issue. You pay tax only if there is a profit. To make profit you need to operate – import, transport, produce, sell. With our wasted governance and political-beauraucratic greed, poor law & order, poor contract enforcement and infrastructure there is little chance left for making a profit.
Unless drastic and immediate changes in outdated systems, laws and mentality is not brought about, there is a little chance for this to happen.
This article is a Clickbait for chavunists.
Have you always been such an optimist mate?
We should make the environment favourable for foreign manufacturers but more focus should be on indigenous industries and startups. With global production coming to a halt and supply chain disrupted, we should source more item from within the country and develop the supply chain within our country to decrease the overall cost of operations which will make our products cheaper in the world. Foreign companies will automatically be attracted seeing the advantage of operating in India. Major industries should be identified and be made completely self reliant so that in times of need we don’t have to depend on other countries.example -defence,healthcare,foodprocessing,etc. Focus should also be on mass manufacturing of renewable energy products and electric vehicles. More R&D should be done in these fields. We need to try to be completely self reliant on our energy needs. Space is also the future and it should not be ignored. Space tech should be developed and Pvt players should be involved. Compared to other countries,we have a lead in this field and should exploit it to the fullest to become a leader. Every field where we have a lead,be it IT or pharmacy,should be exploited now to make sure we dominant in these fields.