Indian Economics Thread II

[CMP]

From the article India's food price surge forces government measures to improve supplies

I'm thinking farmer revenues aren't the only issues.

Over breeding on the most meager of incomes is definitely a huge part of the problem.

 

[56860]

View attachment 117308

India at the top yet again! Jai Hind!

 

[luminary]

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On his visit to India, German Economy Minister Robert Habeck is pushing for a swift conclusion of a free trade agreement with the EU. “We have the opportunity now to make progress within the next six months,” Habeck declared in New Delhi.

The agreement has been under negotiations since 2007. They were suspended in 2013 and resumed only last year. According to the Berlin-based German Institute for International and Security Affairs (SWP), both sides are under pressure to conclude the agreement. However, “there is good reason to doubt” whether the two parties’ highly diverging interests can be reconciled.

In view of India’s excessive bureaucracy and serious infrastructure deficiencies, Princeton economist Ashoka Mody warns that “the allegation that India is booming, is completely false.”

India is neither a member of the Regional Comprehensive Economic Partnership (RCEP) free trade area nor of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Thus, it is “sidelined” in Asia “in terms of foreign trade” – a disadvantage when it comes to “competing for new industrial investments.”[2]

Among the “greatest challenges for German enterprises in India” are the widespread corruption and “lack of infrastructure,” Wolfgang Niedermark of the central administration of the Federation of German Industries (BDI) was quoted saying.[5] Just recently, out of frustration, the Foxconn enterprise in Taiwan broke off its attempt to establish along with the Indian conglomerate Vedanta a US $20 billion chip producing factory in India.

 

[siegecrossbow]

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They’ve come to the belated realization that excrement, despite having the same color and consistency, is no substitute for chocolate.

 

[BoraTas]

They’ve come to the belated realization that excrement, despite having the same color and consistency, is no substitute for chocolate.

A lot of people really take the East Asian performance of the last 60 years too lightly. If it could happen everywhere else, why it happened only in East Asia?

 

[ficker22]

They’ve come to the belated realization that excrement, despite having the same color and consistency, is no substitute for chocolate.

In before the next big thing after gow mutra

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Soon:

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(graphic, vulgar and germanic engineered)

 

[siegecrossbow]

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[BoraTas]

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Because of India's persistent trade deficit and tendency to increase money supply, Rupee is on a persistent depreciation. Just another thing India bulls keep forgetting...

 

[In4ser]

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Another Zoonotic Bat Virus outbreak but this has 40% to 75% lethality.

 

[james smith esq]

They’ve come to the belated realization that excrement, despite having the same color and consistency, is no substitute for chocolate.

If you haven’t tasted both you speak only on assumption.
You must taste both in order to speak with true knowledge.