Indian Economy : News,Discussions & Updates

[Gosu]

TATA steel is getting some components from China for their Kalinganagar blast furnace expansion. This seems to have caused some heart burns in China:

It's funny, ngl. Masses everywhere are the same. They'd blindly oppose everything when it concerns an 'enemy country', including making hyperbolic comparisons (like equating parts for a blast furnace with giving away J20s).

Tatas commissioned parts from China to save on cost. There are probably other suppliers in who would not hesitate to provide the same albeit for a higher price. So, it's not like Tatas would be hand tied even if the Chinese companies refused.

 

[Arctic Wolf]

Does anyone know where to get standard budget documents for Uttar Pradesh?

It seems they don't publish an economic survey or frbm statement.

IAS officers don't only work for salary and perks. They work for power and hustling.

As mentioned earlier, these fabled tales of power and hustling are very dependent on cadre, departments, and posts and are often overrated. Also, when you solely rely on the allure of "power" to attract talent, why complain when you end up attracting talent that tries to pathetically exercise its "power" over the power by, for example, registering cases against those that leave a laughing emoji under their Instagram posts?

At the very least, for most 18-25-year-old students (the core demographic that appears for any exams), this reliance on power and hustling is fast losing its shine compared to multiple times the pay in comparably difficult-to-get corporate jobs.

The point is, that you hire your top bureaucrats extremely selectively based on outdated exam patterns and questions, dilute the quality of the pool, underpay them severely, villainize them for anything and everything that goes wrong, and then expect them to run the country efficiently.

 

[randomradio]

Does anyone know where to get standard budget documents for Uttar Pradesh?

It seems they don't publish an economic survey or frbm statement.


As mentioned earlier, these fabled tales of power and hustling are very dependent on cadre, departments, and posts and are often overrated. Also, when you solely rely on the allure of "power" to attract talent, why complain when you end up attracting talent that tries to pathetically exercise its "power" over the power by, for example, registering cases against those that leave a laughing emoji under their Instagram posts?

At the very least, for most 18-25-year-old students (the core demographic that appears for any exams), this reliance on power and hustling is fast losing its shine compared to multiple times the pay in comparably difficult-to-get corporate jobs.

The point is, that you hire your top bureaucrats extremely selectively based on outdated exam patterns and questions, dilute the quality of the pool, underpay them severely, villainize them for anything and everything that goes wrong, and then expect them to run the country efficiently.

I agree with the need to reform the bureaucracy. A govt needs 2/3rd majority in both houses and 50% of the states to push real reforms through. Modi was hoping to get one in LS at the very minimum in 2014, but failed. Let's see if he manages it in the next election. He already has the states.