Search found 35 matches

by achoudhury
04 Mar 2019 08:37
Forum: Military Issues & History Forum
Topic: Operation Balakot: News & Discussion
Replies: 4416
Views: 539421

Re: Operation Balakot: News & Discussion

There is marked changed in tone of some of usual baiters like burkha, praveen swamy, etc. Dont get taken by it. After being thoroughly discredited, they are now wearing a cloak of pro-india line to salvage some of lost credibility. Please dont contribute in giving them mind space by sharing their vi...
by achoudhury
27 Feb 2019 22:34
Forum: Military Issues Archive
Topic: Indian Forces Strikes Pakistan Terrorist Camps
Replies: 2210
Views: 129265

Re: Indian Forces Strikes Pakistan Terrorist Camps

I demand Modi giving us min by min updates through DD and Twitter. I am cowering in fear and only Modi doing Hanuman Chalisa will suffice for me. I also dont know When will I grow up *****. May be never! On serious note, since PAF has directly attacked IAF, it is game on. We need to make a stated an...
by achoudhury
07 Sep 2018 02:34
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2977
Views: 510592

Re: Indian Economy News & Discussion - Nov 27 2017

Policymakers need to carefully watch out for Rupee Depreciation as well as fuel prices. We are a consuming nation and both this factor have cascading effect on input prices and will hurt growth beyond a certain point. I hope policymakers have good handle on elasticity of demand vs rise in input pric...
by achoudhury
30 Mar 2018 04:48
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 2977
Views: 510592

Re: Indian Economy News & Discussion - Nov 27 2017

Sadly, PayTM is Chinese now. Would have been good to have one Indian owned private payments company. Chinese are investors in PayTM but it is still very much Indian controlled and as a payments bank is full subject to RBI regulations etc. If needed it can be taken back, however there is nothing spe...
by achoudhury
01 Nov 2017 21:20
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

Here's the official link: World Bank Ease of Doing Business Rankings Subcategory rankings: Starting business 156 Dealing with construction permits 181 Getting electricity 29 Registering property 154 Getting credit 29 Protecting minority investors 4 Paying taxes 119 Trading across borders 146 Enforc...
by achoudhury
31 Oct 2017 18:39
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

Jaggi on digitization https://swarajyamag.com/economy/demos-one-big-success-digital-money-is-now-an-unstoppable-force . The push by banks and pull of youngsters are two core reasons for Digital takeoff. Also, as of now story is in adoption and volumes.
by achoudhury
28 Oct 2017 03:02
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

https://www.ndtv.com/video/shows/walk-the-talk/walk-the-talk-with-chief-economic-advisor-arvind-subramanian-470919?video-featured... Here CEA Arvind Subramanian explains what was the NPA issue, why it happened and what is being done to resolve it and how can we avoid the re-ocurence. Two thing he d...
by achoudhury
26 Oct 2017 05:47
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

So finally, one of the major issue of Bank NPA is now being tackled on. But GoI should not go for just a recapitalization alone. One time re-infusion of capital will not solve the systemic issues of politically directed lending. Hence GoI must come up with with entire basket of Banking Reforms which...
by achoudhury
20 Oct 2017 04:29
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

India's perpetual job crisis might find its fix in labour reforms Labour reforms are, therefore, the antidote to India's perpetual job crisis -- but this is a politically sensitive topic. Really banal article. By now, even a 5th grader knows the labor laws are one of the inhibitors of Industrilizat...
by achoudhury
14 Oct 2017 03:40
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

My prediction is it will bounce back to around 7%. 8-10% on the new formal base. Zoom-Zoom-Zoom. Not going to happen any time soon. Too many supply side constraints like Land, Labour, Credit, etc. May go upto 8% if exports and Private Investments shoots up. Both of them are likely to underperform f...
by achoudhury
14 Oct 2017 03:12
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

When a system is so corrupt and inefficient then money in private hands is far better than being in the hands of the public corrupt. Most of BM is just that money with unpaid taxes, not criminal. There is a systemic issue at play here. Blaming groups and individuals does not help. To what degree th...
by achoudhury
07 Oct 2017 08:55
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

Every taxation system has its advantages and its disadvantage. Taxation system in US is not ideal but since cost of non-compliance is so high that most dont try to evade tax. I have argued that GST permanently benefits more industrialized states with better infra and states like UP and Bihar will be...
by achoudhury
05 Oct 2017 19:03
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

Modi's put out a robust defence of Indian Economy and demonstrating conclusively that not all is doom and gloom as it was being made out to be and things are actually looking up from now on. Last quarter Import grew much faster than Export and dragged the GDP by 0.6%, but now that exports are rising...
by achoudhury
05 Oct 2017 00:59
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

You’re playing dirty pool. The base index is revised using an impartial analysis by the CSO. There are legitimate criticisms of the govt. but this isn’t one them. You’re doing a disservice to your arguments. Is it ? The Govt promised that they will report the GDP based on both the new and old indic...
by achoudhury
04 Oct 2017 23:23
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

During six years of the previous government, there were 8 instances when GDP was at or below 5.7 per cent The difference between the "new" CPI numbers and the old series is 2% . So 5.7 % per the new series == 3.7% in the old series. Please ask Mr Modi, in how many instances did the GDP di...
by achoudhury
02 Oct 2017 19:06
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

http://www.dnaindia.com/analysis/column-a-full-blown-agrarian-crisis-2549693 The writer is Devinder Sharma.. a congress acolyte probably batting for traders obviously using farmers as shield..so take it at a bucket full of salt. But Oilseeds, pulses and sugar imports have been a reality in India for...
by achoudhury
17 May 2017 02:19
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

The sovereign rating is not just used for Govt borrowing. It impacts private sector borrowing as well as investment decisions by fund houses. Lot of allocation is based on the credit rating, especially by Pension funds. If India had better credit rating then investment in Infra would have been far b...
by achoudhury
04 Apr 2017 21:26
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

So it's really not as simple as ''GST will hurt UP and BH'. Those same states gain a lot in the Finance Commission devolution rules, at the expense of the more dynamic states. While I concede that UP and Bihar will gain in more revenue from Finance Commission devolution rules, the problem is that w...
by achoudhury
04 Apr 2017 21:01
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

http://www.livemint.com/Opinion/qoID41y9nvDbTRofFcvvTN/The-flip-side-of-one-nation-one-tax.html Some very strange premises in this article. Sample a few This restricts the abilities of regional political parties to govern the state in accordance with the needs of the people of that state alone. So ...
by achoudhury
04 Apr 2017 07:20
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

Someone read my mind :) ..There is an article in today's livemint which pretty much details what I was apprehensive about the effect of GST on the backward states. http://www.livemint.com/Opinion/qoID41y9nvDbTRofFcvvTN/The-flip-side-of-one-nation-one-tax.html More and more that I think I am realizin...
by achoudhury
03 Apr 2017 07:16
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

While everyone has been counting gains from GST, I am not sure if we have good critique on downside of GST. Yes, it is given that overall it will be major +ve for India by creating a single market as well as it will greatly minimize indirect tax leakage. But, I am little bit worried about its impac...
by achoudhury
03 Apr 2017 04:59
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

While everyone has been counting gains from GST, I am not sure if we have good critique on downside of GST. Yes, it is given that overall it will be major +ve for India by creating a single market as well as it will greatly minimize indirect tax leakage. But, I am little bit worried about its impact...
by achoudhury
02 Feb 2017 00:22
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 528940

Re: Indian Economy News & Discussion - Aug 26 2015

This was a solid budget. No fireworks, but solid, all encompassing budget with focus on Jobs and maintaining growth trajectory. Here are my first takes: 1. Policy element is slowly but surely being taken out from budget and budget is being made out to be what it ought to be i.e. Projected Financial ...
by achoudhury
29 Dec 2016 02:27
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

Sometimes I see the kind of sweeping language that some "Rakshaks" use is nothing short of disgusting. Most of It comes from holier than thou attitude which believes that everyone else is dishonest and unpatriotic and some of it also comes from deeply held prejudices. Case in point , "...
by achoudhury
28 Dec 2016 09:16
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

Some people have asked about the Less Cash Strategy of Modi Govt. See this video of Nandan Nilekani ( sadly it is on rndtv) aQL2OSLKtp0 What NN explains is that there is three fold strategy. 1. People with Smart Phone and CC, DC , etc. ~abt 400 mil 2. People with feature phone -- ~ 500 mil 3. People...
by achoudhury
22 Dec 2016 07:57
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

Generally, I have encountered three types of responses for DeMO. 1. Great Idea and reasonably good implementation. 2. Worst Idea and Worst Implementation and 3. Good Idea but terrible implementation. First type response is from Modi supporters who think that it is a great Idea and its implementation...
by achoudhury
14 Dec 2016 22:48
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

Some days back, I did mention in this forum that it seems that GoI has first hand information of Bank Official -Note Changer nexus as raids were so precise. Now it is evident that GoI machinery did pose as customers, snooped on telephone exchanges, etc. But it also points out the fact that GoI may b...
by achoudhury
11 Dec 2016 02:18
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

Could it be that some of the note exchangers were actually Govt agents. And now Govt has first hand information on people trying to exchange. Some of the raids are so precise in nature that it raises doubts.
by achoudhury
10 Dec 2016 09:02
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

So what is objective of aggressive taxation apart from fighting inflation. Or is it a form of punishment imposed for the crime of earning a profit. And secondly do we prefer a contracted economy with 70% tax compliance or a larger economy with 35% compliance with both percentages resulting in almos...
by achoudhury
10 Dec 2016 04:08
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

Except it will grow because although what you said is true, GDP is calculated on the white part. So officially the economy will grow. At the ground level the change will not be to the same degree GDP will not grow because it counts production and produce are counted for the economy as a whole irreg...
by achoudhury
09 Dec 2016 04:36
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

Some of the tactical move has not gone well off late. My immediate family is big Modi supporter and support demonetization but their expectation was that it will give a big blow to BM holders. This does not seem likely. Yes, long term advantages are still there but this shock and awe required some s...
by achoudhury
21 Nov 2016 08:12
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

So Modi's next strike is certainly on Benami Properties. Probably he already has a starting list of properties. He will now aggressively push Housing Scheme for all especially in Rural areas to generate employment to failsafe the blowback from inevitable slowdown in real estate sector. He may,as wel...
by achoudhury
19 Nov 2016 10:02
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

Has there been ever such a logistical exercise taken in human history as India's Demonetisation. This will be stuff of legends 20 years down the line and mother of a case study for logistics and political economy
by achoudhury
16 Nov 2016 20:25
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 675646

Re: Currency Demonetisation and Future course of Indian Economy

This is my first post after a long long time. But I will restrict my views on the aftermath of this bold gamble which seems to have paid off. Economic aspects of demonetisation has already been discussed threadbare in this thread and advantage are so many, so I will try to see the political aspects ...

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