South Asia Dark truth about Indian economy

[Bilal9]

But BD is dependent of rice for feeding thie people is a reality.

Not dependent on India. Despite Indian companies begging us to buy. No one in India is giving handouts so no need to feel so smug.

 

[Bilal9]

One more Dark truth about Indian economy.

India’s exports surge to record $820 billion in 2024-25 despite global challenges​

India’s goods and services exports have crossed a record 820 billion US dollars in the financial year 2024-25, despite economic uncertainties in global markets. Commerce Ministry said this represents a close to 6 percent increase over the corresponding figure of 778 billion dollars for the previous financial year. The figures were revealed at a meeting held by Commerce and Industry Minister Piyush Goyal with the Export Promotion Councils and industry bodies in New Delhi to discuss the emerging trade scenario. The minister complimented the exporters for the all-time high achievement in exports despite multiple headwinds, including the Red Sea crisis, Israel-Hamas conflict spilling over to the Gulf region, continuation of the Russia-Ukraine conflict and slow growth in some developed economies. The Minister lauded the exporters for their resilience and efforts. During the meeting, Mr Goyal also apprised the exporters regarding ongoing discussions with the US for a mutually beneficial multi-sectoral Bilateral Trade Agreement (BTA). The minister said the team working on BTA is exploring the right mix and the right balance, and he exhorted the exporters not to panic and look at the silver lining in the present scenario.

India’s exports surge to record $820 billion in 2024-25 despite global challenges

www.newsonair.gov.in

Can you lay off the propaganda by Modi's liar Indian media?

"Q: What is your source for this Mr. Commerce and Industry Minister Piyush Goyal?

A: My nether end - trust me, bro! Just made it up! "

You want to tell me that the nation which cannot feed its poor under Modi is exporting record amounts?

Now I've heard everything....

 

[Saif]

But BD is dependent of rice for feeding thie people is a reality.

India is not the only source we buy rice from. Vietnam, China and Pakistan are other sources for us to buy rice.

 

[Krishna with Flute]

India is not the only source we buy rice from. Vietnam, China and Pakistan are other sources for us to buy rice.

That is what I said. You guys talk big mouth but ends up buying good from others, dependent for electricity on others, dependent on logistics on others.

 

[Bilal9]

That is what I said. You guys talk big mouth but ends up buying good from others, dependent for electricity on others, dependent on logistics on others.

Adani's overpriced electricity deal was wholly unneeded. It was done by Hasina solely to please Modi who is a huge friend of Adani. This week it was discovered that Adani's plant has now shut down and not generating electricity anymore. Adani supplies 1800 Megawatt or so to Bangladesh grid, or used to. Bangladesh generation capacity is around 25000 megawatts (and 5000 more Megawatts in pipeline). The production easily meets total demand, despite the lies being bandied about in Godi media.

Yeah - I guess Bangladesh will collapse into darkness now! And Indians will 'jump for joy' !

About rice, we feed people what they need locally, and countries the size of Bangladesh sometimes need to balance food supply with imports, with drought and flooding issues. Ours is not a sub-Saharan hunger situation like in India where we keep our people hungry and export rice for benefiting the rich.

And Bangladesh was given the trans-shipment facility at Indian behest, they suggested it themselves. This is perfect "Indian-giver" situation, give a gift, then take it away because now they're in "gussa" situation. We will do just fine, no matter.

 

[Saif]

That is what I said. You guys talk big mouth but ends up buying good from others, dependent for electricity on others, dependent on logistics on others.

India's merchandise imports exceeded $700 billion in FY23, with an expected 16% growth to USD 710 billion. India top imports include crude oil, coal, diamonds, chemicals, pharmaceuticals, rubber, plastics , electronics, and machinery, which account for 82% of all goods imports. China is still India's major import partner, followed by the US, UAE, Saudi Arabia, Iraq, and others.

 

[Krishna with Flute]

India is not the only source we buy rice from. Vietnam, China and Pakistan are other sources for us to buy rice.

That is what I said. You guys talk big mouth but ends up buying good from others, dependent for electricity on others, dependent on logistics on others.

Adani's overpriced electricity deal was wholly unneeded. It was done by Hasina solely to please Modi who is a huge friend of Adani. This week it was discovered that Adani's plant has now shut down and not generating electricity anymore. Adani supplies 1800 Megawatt or so to Bangladesh grid, or used to. Bangladesh generation capacity is around 25000 megawatts (and 5000 more Megawatts in pipeline). The production easily meets total demand, despite the lies being bandied about in Godi media.

Yeah - I guess Bangladesh will collapse into darkness now! And Indians will 'jump for joy' !

About rice, we feed people what they need locally, and countries the size of Bangladesh sometimes need to balance food supply with imports, with drought and flooding issues. Ours is not a sub-Saharan hunger situation like in India where we keep our people hungry and export rice for benefiting the rich.

View attachment 16561

View attachment 16562

And Bangladesh was given the trans-shipment facility at Indian behest, they suggested it themselves. This is perfect "Indian-giver" situation, give a gift, then take it away because now they're in "gussa" situation. We will do just fine, no matter.

Not Some time. You consistently need food import. Tell me in which years you did not import food items/ Export it.

If you do not need electricity from Adani. BD should not have requested to Adani to restore it. Your country promises to pay outstanding and requested to restore electricity. What you are saying is contrary to what your government does.

 

[Krishna with Flute]

Adani's overpriced electricity deal was wholly unneeded. It was done by Hasina solely to please Modi who is a huge friend of Adani. This week it was discovered that Adani's plant has now shut down and not generating electricity anymore. Adani supplies 1800 Megawatt or so to Bangladesh grid, or used to. Bangladesh generation capacity is around 25000 megawatts (and 5000 more Megawatts in pipeline). The production easily meets total demand, despite the lies being bandied about in Godi media.

Yeah - I guess Bangladesh will collapse into darkness now! And Indians will 'jump for joy' !

About rice, we feed people what they need locally, and countries the size of Bangladesh sometimes need to balance food supply with imports, with drought and flooding issues. Ours is not a sub-Saharan hunger situation like in India where we keep our people hungry and export rice for benefiting the rich.

View attachment 16561

View attachment 16562

And Bangladesh was given the trans-shipment facility at Indian behest, they suggested it themselves. This is perfect "Indian-giver" situation, give a gift, then take it away because now they're in "gussa" situation. We will do just fine, no matter.

So far as Hunger poverty is concerned, We have IMF report. We do not need certification from you or your likes.

https://www.hindustantimes.com/world-news/india-has-almost-wiped-out-extreme-poverty-imf-101649311909782.html

Extreme poverty eliminated in India, says IMF report. Findings decoded

As a resounding endorsement to PM Modi’s food security scheme Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), the IMF has said that it “illustrates the robustness of India’s social safety architecture as it withstood one of the world’s biggest exogenous income shocks.” The scheme, it observed...

www.timesnownews.com

INDIA HAS ERADICATED EXTREME POVERTY: IMF REPORT - The Daily Guardian

Report lauds Prime Minister Narendra Modi’s food security scheme, the Pradhan Mantri Garib Kalyan Anna Yojana, for helping India achieve this feat.

thedailyguardian.com

India has practically wiped out extreme poverty - IMF report

According to the International Monetary Fund (IMF), 0.8% of the population in India lived in extreme poverty as defined by the World Bank as…

indianvoices.in

From Struggle To Success: How India Has Nearly Eliminated Extreme Poverty - The Commune

In a landmark achievement, India has nearly eradicated extreme poverty, with only 1% of households falling below the international poverty line in 2024,

thecommunemag.com

 

[Saif]

That is what I said. You guys talk big mouth but ends up buying good from others, dependent for electricity on others, dependent on logistics on others.

India's merchandise imports exceeded $700 billion in FY23, with an expected 16% growth to USD 710 billion. India top imports include crude oil, coal, diamonds, chemicals, pharmaceuticals, rubber, plastics , electronics, and machinery, which account for 82% of all goods imports. China is still India's major import partner, followed by the US, UAE, Saudi Arabia, Iraq, and others.

 

[Krishna with Flute]

India's merchandise imports exceeded $700 billion in FY23, with an expected 16% growth to USD 710 billion. India top imports include crude oil, coal, diamonds, chemicals, pharmaceuticals, rubber, plastics , electronics, and machinery, which account for 82% of all goods imports. China is still India's major import partner, followed by the US, UAE, Saudi Arabia, Iraq, and others.

Exactly, Now analyze what you wrote. It is crude oil which is a natural resource and it consumes big part of our import, Second is coal which is also a natural resource. Diamont and gold import is an investment not consumption.
Now reduce this from your list and let me know what remains thereafter.

We have big plan on Solar energy, EV and hydrogen. This will help us to reduce Crude oil and coal import. We are rushing in that direction at a very rapid pace. We are self-sufficient in most of the manufactured stuff but because of not sufficient crude oil and coal, lots of our foreign exchange is consumed. It is high on our agenda to meet our energy need from natural resources like solar, wind , EV etc. We are doing it exceedingly well and we have met all our targets well before deadline.