South Asia Dark truth about Indian economy

[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.

 

[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…

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.

 

[Krishna with Flute]

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

What else you can write? I quoted IMF, I quoted World Bank, I quoted renowned economist. What you responded with? All propaganda. That is called a loser.

 

[Krishna with Flute]

'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... 😀

Exceedingly well means 40 million houses to poor. Food support to all poor. Gas connection to all. Electricity to all. Up to 10 lakh free medical to 550 million people. Small finance loan to 100 million people. Elemination of hunger poverty. 37 k.m highway construction every day. 1 government clinic in 15 k.m. from any place of state in many state like Gujarat. Free meal to all government school for students in primary schools. Which other country in the world can do that? I am talking about comparison with developed nations only. Don't consider BD, Pakistan, somalia for comparison.

 

[Krishna with Flute]

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

First sentance of the article states the 33BN usd import of farm products. I am sure that you don't understand the difference between farm products and food grain. Do you? We have exported more than half of world's total rece export and same way other food products. A major chunk of that figure is furniture timber. Our food import is only confined to vegetables oil. Rest are non food items including some fibers, timber etc. Your posting without understanding the meaning of sentance and your habit of searching some title on Google and posting it without reading it always put you in trouble.

 

[Krishna with Flute]

'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... 😀

You are repeating this again and again. This has been answered in detail with many references of World Bank and IMF reports.

 

[Krishna with Flute]

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.

We have surpassed all our goals of renewable energy till date. What we have achieved till date and in recent past is exceedingly well. Read bellow article and count how many times the India's renewable energy is to total electricity generation of BD.

India’s Renewable Energy Revolution

As India accelerates its transition towards a sustainable future, its renewable energy (RE) sector h

pib.gov.in

India’s Renewable Energy Revolution​

Posted On: 22 JAN 2025 11:36AM by PIB Delhi

As India accelerates its transition towards a sustainable future, its renewable energy (RE) sector has witnessed unprecedented growth. In 2024, the country made significant strides in solar and wind energy installations, policy advancements, and infrastructural improvements, setting the stage for ambitious targets in 2025. With a commitment to achieving 500 GW of non-fossil fuel-based energy capacity by 2030, India is emerging as a global leader in clean energy. As on 20th Jan 2025, India’s total non-fossil fuel based energy capacity has reached 217.62 GW.

The year 2024 saw a record-breaking 24.5 GW of solar capacity and 3.4 GW of wind capacity added, reflecting a more than twofold increase in solar installations and a 21% rise in wind installations compared to 2023. This surge was driven by government incentives, policy reforms, and increased investments in domestic solar and wind turbine manufacturing. Solar energy remained the dominant contributor to India’s renewable energy growth, accounting for 47% of the total installed renewable energy capacity. Last year saw the installation of 18.5 GW of utility-scale solar capacity, a nearly 2.8x increase compared to 2023. Rajasthan, Gujarat, and Tamil Nadu emerged as the top-performing states, contributing 71% of India’s total utility-scale solar installations.

The rooftop solar sector also experienced significant growth in 2024, with 4.59 GW of new capacity installed, marking a 53% increase from the year 2023. The PM Surya Ghar: Muft Bijli Yojana, launched in 2024, played a crucial role in this expansion, facilitating 7 lakh rooftop solar installations within ten months. Additionally, the off-grid solar segment recorded a 182% increase, adding 1.48 GW in 2024, furthering India's energy access goals in rural areas.

India added 3.4 GW of new wind capacity in 2024, with Gujarat (1,250 MW), Karnataka (1,135 MW), and Tamil Nadu (980 MW) leading the way. These states accounted for 98% of the new wind capacity additions, highlighting their continued dominance in wind power generation.

The Ministry of New & Renewable Energy (MNRE) played a pivotal role in fostering RE growth through policy interventions and financial support. Key highlights include:

• Green Hydrogen Push: The government actively pursued the development of green hydrogen policies to reduce costs and attract investments in this emerging sector.
• Manufacturing Expansion: Domestic solar PV and wind turbine manufacturing were scaled up, supporting India’s ambition to become a global RE manufacturing hub.
• Grid Infrastructure Development: The MNRE proposed significant investments in inter-state transmission systems to evacuate power from renewable-rich states like Rajasthan, Gujarat, and Madhya Pradesh.

India’s renewable energy sector is on a transformative journey, with 2024 marking a year of record capacity additions and policy advancements. As the country moves into 2025, addressing regulatory, financial, and infrastructural challenges will be crucial. With continued policy support, increased investment, and a focus on emerging technologies, India is well-positioned to achieve its ambitious renewable energy targets and solidify its status as a global leader in the clean energy transition.

By the way Billu, India 's renewable energy is more than 4 times the BD's total electricity generation. We added more renewable energy last year than total electricity generation capacity of BD last year. Is it good enough @Bilal9 ?

 

[Bilal9]

What else you can write? I quoted IMF, I quoted World Bank, I quoted renowned economist. What you responded with? All propaganda. That is called a loser.

Kaun banega loser, kaun banega crorepati! 🙂