India Economy Thread

[Guynextdoor]

Does the cattle know it's being well fed for milking? Why would a farmer do that?



When the axe came to the forest the trees said "the handle is one of us"

WTF are you on about? If working for a pay is 'getting fattened for slaughter'? Then every company in the world is 'fattening it's employees for slaugyter.

Man you seriously need psychatric help for the bull$hit you're spewing.

 

[DDG-80]

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Yesterday you were saying India isn’t even in the Li-ion game. Well, India’s first indigenously developed Li-ion cell is here, made by Ola. They own the core IPR. @SteppeWolff

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[Guynextdoor]

avoid having great faith in this company.

 

[Snake]

WTF are you on about? If working for a pay is 'getting fattened for slaughter'? Then every company in the world is 'fattening it's employees for slaugyter.

Man you seriously need psychatric help for the bull$hit you're spewing.

You have difficulty reading. I'm saying the great Indian ceos are throwing scraps to Indian workers and indians are grateful for the scraps. When these people could do much more if they were provided the same standard of living in India.

 

[Guynextdoor]

You have difficulty reading. I'm saying the great Indian ceos are throwing scraps to Indian workers and indians are grateful for the scraps. When these people could do much more if they were provided the same standard of living in India.

again more bull$hit. The job of the CEO is not to give 'lifestyle', it's to give wages equal to the value of the job. Endlessly talking nonsense.

 

[Snake]

again more bull$hit. The job of the CEO is not to give 'lifestyle', it's to give wages equal to the value of the job. Endlessly talking nonsense.

Your assumption is " ...wages equal...". If you're naive enough to believe that then only God can help you.

 

[Guynextdoor]

Your assumption is " ...wages equal...". If you're naive enough to believe that then only God can help you.

Go meet a psychiatrist

 

[Snake]

Go meet a psychiatrist

No skin off my back if indians, such as yourself, enjoy being milked.

 

[vasanthm]

No skin off my back if indians, such as yourself, enjoy being milked.

Funny how some people keep tabs on India’s achievements while their own country struggles to stay relevant in the conversation. Living vicariously much?

 

[protest]

No skin off my back if indians, such as yourself, enjoy being milked.

I mean, you lot are just capable of driving cabs and the gumption to question us about our life choices. Lol.

 

[sumit_123]

I believe the remittances is mostly send back home by labour class from gulf and elsewhere, who go there to earn for their family. The white collar ones mostly take PR and with time their ties with their home country snap and they in fact take their wealth out of the country. Atleast this is what I have seen with my friends.

 

[Indos]

I believe the remittances is mostly send back home by labour class from gulf and elsewhere, who go there to earn for their family. The white collar ones mostly take PR and with time their ties with their home country snap and they in fact take their wealth out of the country. Atleast this is what I have seen with my friends.

Those who has good degree and work in Western countries and stay there plus build families there. They are unlikely to send remittance. They come from upper middle income or upper income families. Mostly their brothers, sisters have already good income. Sending money maybe for their parent.

You are likely right, those who send good amount of money every months mosly likely migrant workers whose family still in home countries. They dont have plan to live in Western/ Gulf countries forever

 

[Nilgiri]

Those who has good degree and work in Western countries and stay there plus build families there. They are unlikely to send remittance. They come from upper middle income or upper income families. Mostly their brothers, sisters have already good income. Sending money maybe for their parent.

You are likely right, those who send good amount of money every months mosly likely migrant workers whose family still in home countries. They dont have plan to live in Western/ Gulf countries forever

India is severely capital-deficit country, so movement to capital surplus countries with pricepoint labour (and price point intellectual capacity on other end of pyramid) is inevitable....then surpluses are remitted given labour is just one part of family unit and family unit is just one part of family network etc. This used to show up more in difference between GNP (total citizens production, wherever they are located) and GDP (production inside a country, whatever the citizens/non-citizens inside it), till the former fell out of favour.

As India builds up its capital, this will change. % wise the trends are already showing w.r.t retention, building of market cap, FDI stock, total capital stock, number of corporations, IP transfer etc.

 

[Indos]

India is severely capital-deficit country, so movement to capital surplus countries with pricepoint labour (and price point intellectual capacity on other end of pyramid) is inevitable....then surpluses are remitted given labour is just one part of family unit and family unit is just one part of family network etc. This used to show up more in difference between GNP (total citizens production, wherever they are located) and GDP (production inside a country, whatever the citizens/non-citizens inside it), till the former fell out of favour.

As India builds up its capital, this will change. % wise the trends are already showing w.r.t retention, building of market cap, FDI stock, total capital stock, number of corporations, IP transfer etc.

I wonder whether money to buy Indian companies stock or Indian obligation (whether state obligation or private issued obligation) from overseas Indian like you will be recorded as remittance in India statistic ?

 

[Nilgiri]

I wonder whether money to buy Indian companies stock or Indian obligation (whether state obligation or private issued obligation) from overseas Indian like you will be recorded as remittance in India statistic ?

Foreign portfolio investment or portfolio invesment (if Indian citizen), it will be in capital account.... same with the bonds Indian govt (or Indian corp) issues internally (INR) and externally (USD)...like NRI bonds.... (these are long term maturities though I guess there are 1 year ones, but I think they still would be in capital account as they are not liquid during the year)....again its capital account.

Remittances are all liquid at any point during the year, its cash flow basically like the country's network expanded internationally, so its in current account along with export and import etc.