The key takeaway from PM Modi’s Davos speech is his highlighting data as the new currency of global power, probably the first time an Indian PM has done so.
Narendra Modi is the first Indian Prime Minister to attend the World Economic Forum summit in Davos since H.D. Deve Gowda in 1997. But he is going at a time when domestic employment and economic growth has been sluggish. Experts weigh in.
India is the top-ranked economy in South Asia, 3rd among BRICS countries, and has improved in infrastructure, higher education, and labour market efficiency.
The Global Human Capital Index sees India finish 103rd among 130 countries, behind Sri Lanka and Nepal, and just ahead of Bangladesh and Pakistan.
In...
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This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
Data has become the final below to our decade old Public Fund loot Siphoning Industry and AADHAR is the deadly punch. Now all the Fund siphoning shops will close and you will see more noise by anti Aadhar lobby of GUILT RIDDEN CONVENT EDUCATED INDOPHOBIC BLACK ENGLISHMEN
China is not only the largest trading nation, it is also a repository of surplus capital and project execution capabilities. That fits neatly into OBOR / BRI, which President Xi is using as his signature contribution to the continuing rise of China and his place in its modern history. Geopolitics and economics are reinforcing each other in this potentially transformative initiative. Some early investment forays, like $ 8 billion in Sri Lanka, have not played out well. Whether $ 65 billion in CPEC will be a great success remains uncertain. Doubtless, the Chinese, led by their bankers, and recipient countries will do their sums carefully, make changes and modifications as the projects progress. One honestly believes India could benefit by joining BRI and forging a more cooperative partnership with China. Indian diplomacy needs to think through this relationship very deeply, make major changes of mindset.
Ha, ha, great observation. Data as the instrument of ‘VARCHASVA’ (absolute power / domination) was loud and clear, and must have caused adrenaline rush amongst the budding data analytics community of India. That the PM has spotted a gold mine in data has been very evident for the past few months in Aadhaar push. However, what was also very noticeable was that he failed to mention that the current Indian establishment, which he heads, not only acknowledges the power of BIG data but is also responsible enough to consider enactment of data protection laws in line with some of the best in the West, such as the European Union; that the STATE will neither be the Orwellian ‘BIG BROTHER’ nor make any effort to monetise personal data of its citizens, just because it has a billion odd records.
Data has become the final below to our decade old Public Fund loot Siphoning Industry and AADHAR is the deadly punch. Now all the Fund siphoning shops will close and you will see more noise by anti Aadhar lobby of GUILT RIDDEN CONVENT EDUCATED INDOPHOBIC BLACK ENGLISHMEN
China is not only the largest trading nation, it is also a repository of surplus capital and project execution capabilities. That fits neatly into OBOR / BRI, which President Xi is using as his signature contribution to the continuing rise of China and his place in its modern history. Geopolitics and economics are reinforcing each other in this potentially transformative initiative. Some early investment forays, like $ 8 billion in Sri Lanka, have not played out well. Whether $ 65 billion in CPEC will be a great success remains uncertain. Doubtless, the Chinese, led by their bankers, and recipient countries will do their sums carefully, make changes and modifications as the projects progress. One honestly believes India could benefit by joining BRI and forging a more cooperative partnership with China. Indian diplomacy needs to think through this relationship very deeply, make major changes of mindset.
Ha, ha, great observation. Data as the instrument of ‘VARCHASVA’ (absolute power / domination) was loud and clear, and must have caused adrenaline rush amongst the budding data analytics community of India. That the PM has spotted a gold mine in data has been very evident for the past few months in Aadhaar push. However, what was also very noticeable was that he failed to mention that the current Indian establishment, which he heads, not only acknowledges the power of BIG data but is also responsible enough to consider enactment of data protection laws in line with some of the best in the West, such as the European Union; that the STATE will neither be the Orwellian ‘BIG BROTHER’ nor make any effort to monetise personal data of its citizens, just because it has a billion odd records.