South Asia Dark truth about Indian economy

[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 living on less than US$1.9 per day in purchasing power parity (PPP) terms in the pre-pandemic year 2019. The IMF reports that India has virtually...

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.

 

[Bilal9]

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 living on less than US$1.9 per day in purchasing power parity (PPP) terms in the pre-pandemic year 2019. The IMF reports that India has virtually...

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

All lies, all made up propaganda by Indian media. Fact checks make every claim fall apart.

 

[Bilal9]

We are doing it exceedingly well and we have met all our targets well before deadline.

'Exceedingly well' karke yeh haal hai tumhara mulk ko??

If this is the best Modi ji can do - then RN Bhaskar Saab was right, Viksit (developed) Bharat) is a joke.

Too funny...

 

[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.


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.

India is also a large food importer and imported $33 Billion worth of food in 2023 (last statistic available).

https://www.financialexpress.com/policy/economy-indias-food-imports-at-33-billion-in-2023-down-10-on-year-3352682/

India faces a significant paradox where it imports essential food items while having a large population suffering from hunger (far worse situation than Sub Saharan Africa, as described by Dr. RN Bhaskar from India which I have highlighted earlier in this thread).

Despite being one of the largest food producers, around 190 million people in India are undernourished, highlighting the inefficiencies in food distribution and access within the country.

https://www.cnbc.com/2024/01/31/hunger-is-indias-biggest-problem-and-why-millions-are-still-hungry.html

 

[Bilal9]

We have big plan on Solar energy, EV and hydrogen.

I have been hearing about this 'plan' for the last thirty years.

In that time, China became a developed country and a leader in Solar energy, EV and hydrogen tech while India remained worse than Bangladesh. RIP logic and truth.