Indian Economics thread.

[Chandragupt]

Its not easy to hide massive amounts of death. There's like millions of foreigner living in China that can speak out the truth, satellite technology to spot mass graves and smokes from crematorium, and testimonies from relatives of the dead. Back when India got their Covid wave, we've seen mass graves, cremation and black plumes spotted using satellites. Also those deaths will show up in statistics, or maybe rebranded as excess mortality like the West have been doing with "deaths found with covid, but not caused by it"

I have lived in India Indian Government can’t hide anything from the private media houses which operate their
The data may or may not be accurate but nobody in India actually wants to hide anything they don’t have the culture of hiding
I don’t think that’s the case in China , North Korea or Even Vietnam

 

[Coalescence]

@Coalescence bro an advise, this issue had been discussed to death, I'm concern for your health, debating with Indians will leave you exhausted with their mental gymnast. It ain't worth it bro It ain't worth it.

Alright, I'll stop debating with them to save my brain cells. Just want to point out the holes to their meme that China hides Covid deaths, when they'll use and trust China's data when it suits their narrative.

 

[Coalescence]

I have lived in India Indian Government can’t hide anything from the private media houses which operate their
The data may or may not be accurate but nobody in India actually wants to hide anything they don’t have the culture of hiding
I don’t think that’s the case in China , North Korea or Even Vietnam

I have lived in Philippines Filipino Government can't hide anything from the private media houses which operate their
The data may or may not be accurate but nobody in Philippines actually wants to hide anything they don't have the culture of hiding exaggerating their success.
I don't think that's the case in India, UK or Even US.

 

[HumanHDMI]

I have lived in India Indian Government can’t hide anything from the private media houses which operate their
The data may or may not be accurate but nobody in India actually wants to hide anything they don’t have the culture of hiding
I don’t think that’s the case in China , North Korea or Even Vietnam

I don't think you can really blame the Indian gov for this. Even states where the opposition governs still are speculated to have a chronic COVID death undercount. The issue here isn't that India is hiding, but rather the state medical system was simply too overburdened to keep accurate statistics, and the fact many Indians are too far/can't afford/ or just don't trust the medical system meaning many deaths due to COVID were not recorded at the time. It boils down to the fact that the state didn't have enough resources to care for every COVID case, and while China can handle more than India, an Indian level outbreak would still result in hundreds of thousands possibly millions of deaths. This is a tragedy of lack of development not the Indian people, the Indian government, not Indian Religions. It should serve as a motivation for developing states of the consequences of not growing.

No one should take this tragedy as an argument point against India, please have some sympathy and respect for your fellow man

 

[ansy1968]

I have lived in Philippines Filipino Government can't hide anything from the private media houses which operate their
The data may or may not be accurate but nobody in Philippines actually wants to hide anything they don't have the culture of hiding exaggerating their success.
I don't think that's the case in India, UK or Even US.

@Coalescence bro in fact there are numerous NGO (funded by the US) who exaggerated the numbers to embarrass Duterte. There is a belief that we follow the Vedic method in reporting the opposition propaganda claimed ....lol we are following the Indians and the US wokeness since 1986 EDSA REVOLUTION and hopefully this election cycle will be the last.

 

[HumanHDMI]

The Indian economy tho has a lot of problems that are going to need like the most brilliant problem solving of all time. India needs to do everything all at once somehow.

In defense it needs to develop a competitive indigenous industry from scratch while also continuing to modernize at the same time. Its even harder considering Russia/West have learned that technology transfers not good for their competitiveness after their China experience.

It needs to suck up more of those manufacturing Assembly jobs that China is shedding right now while also fending off AESEAN and increasingly now, Africa. As example, Vietnam, Malaysia, Indonesia, Bangladesh have taken the lions share of the decreased Textile manufacturing moving from China, with india taking a whopping 8.3%, def not enough, but at the same time if Indian gov don't protect domestic manufacturer's they will lose elections. India also needs to look in its rearview mirror at Africa as well. African nations are now showing some actual decent stability, and China opened almost 150-300 manufacturing projects in Nigeria alone in 2017. Africa has the unique advantage of being where the resources and the cheap labor are, if African nations can streamline cross border trade and continue infrastructure development, India will look less attractive considering India will have to import all the Raw materials.

Then there is the ongoing issues with Hindu-Muslim, climate change, brain drain etc. Very tough

 

[Coalescence]

Then there is the ongoing issues with Hindu-Muslim, climate change, brain drain etc. Very tough

Which is why I'm extremely pessimistic about India's future, but I'm optimistic for India's people in finding better opportunities abroad to build up their own enclaves like Chinese have done, and they might even be able to gain enough influence in those countries to benefit their people even further. A win-win solution would be Indians immigrating to US, making up a large percentage of the population then leeching its resources and technology for India by lobbying, elections and taking control of big companies, while China doesn't have to worry about a disunited US and can just focus on developing her own country without anyone else minding her business.

 

[gelgoog]

There are already a lot of Indians in high positions in the US. The problem is most of them don't go back and contribute to the development of their country of birth I think. Not that I blame them since due to political issues it is pretty hard to start a business there.
Too many palms to grease.

The Indian government has also always had a major issue with foreign companies operating there. After colonialism they decided they want to make everything themselves. Officially it is a market economy, but in reality it is a pretty closed one.

 

[sndef888]

India hasn't even attempted to solve the issues that plague their manufacturing industry

From the terrible infrastructure and electricity stability, to overly complex labour and land laws, to hindrance import/export/investment laws.

Modi made a lot of noise about how he was going to solve all these issues but seems like progress has stalled due to politics.

Add up india's natural disadvantages in geography and political environment (lack of resources, extreme clinate, regional instability, hindu muslim riots) and it's easy to see why India will still lag in manufacturing behind ASEAN and even Africa.

 

[NiuBiDaRen]

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"Earlier we were hailed as bad boys because we were promoting fossil fuel and now we are in the news that we are not supplying enough of it," Coal Secretary Anil Kumar Jain told a conference aimed at attracting more private players into coal mining.

Coal Secretary Jain also said "this is a very courageous move by the Ministry of Coal and Coal India to offer very quickly large supplies of coal."

Wow. I like how these Indian politicians decide to talk about how awesome they are, in a crisis.