Coverage is above 56% now. All states a shade of blue now (i.e. above 25%)
Jal Jeevan govt dashboard link
https://ejalshakti.gov.in/jjmreport/JJMIndia.aspx
Jan 1 2023
![Image](https://i.ibb.co/dfB94F4/Screenshot-20230101-134254-Chrome.jpg)
Gross GST revenue collected during December 2022 reached ₹1,49,507 crore, going up by 15% compared to December 2021
Great news indeed!!Varuna wrote:Jal jeevan mission update:
Coverage is above 56% now. All states a shade of blue now (i.e. above 25%)
Jal Jeevan govt dashboard link
https://ejalshakti.gov.in/jjmreport/JJMIndia.aspx
Jan 1 2023
India's sales of new vehicles totalled at least 4.25 million units, based on preliminary results, topping the 4.2 million sold in Japan.
New vehicles delivered in India totalled 4.13 million between January and November 2022, according to the Society of Indian Automobile Manufacturers. Adding December's sales volume reported on Sunday by Maruti Suzuki, India's largest carmaker, brings the total to roughly 4.25 million units.
India's industrial growth, as per the Index of Industrial Production (IIP), accelerated to 7.1 percent in November, data released on January 12 by the Ministry of Statistics and Programme Implementation showed.
IIP growth returned to positive territory in November after it had contracted by 4 percent in October - the industry's worst performance in 26 months. The figure has now been revised to show industrial output shrunk by 4.2 percent in October.
The IIP in November stood at 137.1, which is higher as compared to 128 in the year-ago period. In October 2022, an IIP of 129.3 was clocked.
On the contrary, India is effectively getting Crude at pre-war levels and retail prices weren't raised inline with most of the world.vijayk wrote:India saving a lot of money on crude. But Indian Govt. did not reduce any price on crude. Hope they are using it wisely to cut deficit or invest in building up solar/hydrogen capacity.
vijayk wrote:Lets see how the budget pans out this year. Best year for effective middle class tax reforms
vimal wrote:What constitutes the middle class in India? From anecdotal evidence, middle class has very little say in politics due to lack of number. Lower middle/poor overwhelmingly vote more and form vote banks.
Absolutely Brilliant...to every BRFite please send this to all your Indian & non Indian friends.Cyrano wrote:Must watch
rajkumar wrote:Absolutely Brilliant...to every BRFite please send this to all your Indian & non Indian friends.Cyrano wrote:Must watch
“I commend the country’s decisive action on the climate case for renewables, its contribution to the global healthcare ecosystem, the focus on an economic model for women-led development, and its leadership on digital public infrastructure," Schwab said.
India is promoting a just and equitable growth for all in the world during its G20 presidency, it added.
“India’s G20 presidency comes at a crucial time, Prime Minister Modi’s leadership is critical in this fractured world,” Schwab said.
EY forecasts India to be the fastest growing large economy witnessing a six-fold increase in its per capita GDP that would cross US$15,000 by 2047
The report identifies eight key areas that will accelerate India’s growth over the next decade
Amid the ongoing megatrends, India would have a significant advantage owing to its strong domestic demand, digitalization, largest talent pool globally, financial inclusion, global competitiveness, and sustainability transition
Macroeconomic stability, ease of doing business, power sector reforms and greater energy independence are key to economic resilience
@ashwani_mahajan·3h
MNCs looting India via royalty and technical fees. These payments have exceeded $20 billion now. They were hardly $2-3 billion earlier. This impacts our $ stocks & tax revenue. Calls for a cap on royalties, as was before 2009(when it was removed by MMS)
The same companies are giving consulting services to the govt. It's kind of conflict of interest. Since making these projections benifits their contracts for services to make state/country trillion dollar economies.vijayk wrote:https://www.ey.com/en_in/news/2023/01/e ... llor-15000
EY projects India to become a US$26 trillion economy by 2047 with a six-fold increase in per capita income to US$15,000
India’s economic transformation is kicking into high gear.
Global manufacturers are looking beyond China, with Prime Minister Narendra Modi stepping up to seize the moment. The government is spending nearly 20% of its budget this fiscal year on capital investments, the most in at least a decade.
Modi is closer than any predecessor to being able to claim that the nation — which may have just passed China as the world’s most populous — is finally meeting its economic potential. To get there, he’ll have to wrestle with the drawbacks of its exceptional scale: the remnants of the red tape and corruption that has slowed India’s rise, and the stark inequality that defines the democracy of 1.4 billion people.
“India is on the cusp of huge change,” said Nandan Nilekani, a founder of Infosys Ltd., one of the nation’s largest technology services companies. India has quickly created capacity to support tens of thousands of startups, a few billion smartphones and data rates that rank among the lowest in the world, he said.
Tushar Gupta @Tushar15_
Raghuram Rajan wants the labour-related value to come to India. So, by his Linkedin post logic, we should aim to be a cheap labour sweatshop where shoes and garments are made and not semiconductors. Forget what the world needs, let's focus on goals that got obsolete decades ago.
Unbelievable that this idiot thinks Computer science grads design chips.gakakkad wrote:^^ very specious argument. Having foundries does not come in the way of having facilities engaged in Chip design. It's not like you can have one and not the other. Even a technician job in a semiconductor packaging facility is a high skilled job and a significant value addition to digging trenches in MNREGA. STEM/engineering jobs can be 100s of thousands to maybe a few million. Will still be a minuscule proportion of our labour force. You are not going to have 500 million scientists/engineers/managers or even 50 million
PLI is not a dole. Poor understanding of what the scheme is. " What about human capital oriented PLA bla bla? Don't get the argument at all. Because it's not that PLI is mainly creating screwdriver jobs.
fanne wrote:He is not an idiot, he is a sold out!!
suryag ji,suryag wrote:I ahve only one sentence for raghuram rajan garu, there is no need to open your mouth and confirm your ignorance on a topic that isnt your forte.
Any chip building industry needs a lot of ancillary activities, please look at what KLAC, ASML, Lam Research etc do, apart from this there are also downstream activities like chip packaging, testing, assembly houses etc that lead to further employment. Indian companies(tech services companies + product companies) are already at a high level of maturity when it comes to fabless activity. This should be seen as a progression to the next level. Imagine a Mahindra/Tata using Made/Designed in India ethernet switches, microcontrollers etc.
vera_k wrote:Posting here since wrongdoing by Adani will have a large impact. Hindenburg's prior short attack on EROS proved accurate.
Adani research