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Govt wants establishment to endorse IMF conditions at an NSC meeting or it will step down

Mahabahu kaunteya

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All of that power in the hands of a few conglomerates is dangerous to say the least. Unlike India, the US has far more conglomerates competing against each other, this allows for significant freedom in the market. However, this isn't the case in India.
Not really, Tata, Ambani, Birla, adani , azeem premji group ( wipro) , godrej , jindal, Mittal , kalyani ( a niche company, aaj kal ye log artillery bNate hai boht types ki )
Mahindra .
Plus presence of large foreign companies like , Microsoft, Accenture, capegemini , Google, twitter, facebook and others.
Then there are a large no of quite successful startups .
This thing might interst you
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_NOBODY_

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Not really, Tata, Ambani, Birla, adani , azeem premji group ( wipro) , godrej , jindal, Mittal , kalyani ( a niche company, aaj kal ye log artillery bNate hai boht types ki )
Mahindra .
Plus presence of large foreign companies like , Microsoft, Accenture, capegemini , Google, twitter, facebook and others.
Then there are a large no of quite successful startups .
This thing might interst you View attachment 847325 View attachment 847327
Almost every single startup in the world is backed by some conglomerate. For a country the size of India, the number of conglomerates in India is too few and some conglomerates like Tata Group and Reliance Industries Limited are simply way bigger than all the other domestic conglomerates to the point where they are simply unstoppable in the country.
 

Wood

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Lmao the government is literally creating monopolies in the process of reducing risk. How do you personally view this?
Not monopolies, but more like few industry behemoths. Because usually 2 or 3 players can get subsidy. For EV battery production, 4 players were selected under PLI.

I have my doubts about the scheme because

a) GOI tries to predict the future by selecting a few industries to promote.
b) Backing 'winners' is market intervention through incentives.

However, the intent is to use tax money / debt to promote manufacturing growth in private industries. I can also not predict the future, so perhaps my concerns are misplaced. Time will tell. I sincerely hope that the PLI scheme succeeds :pop:
 

_NOBODY_

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Not monopolies, but more like few industry behemoths. Because usually 2 or 3 players can get subsidy. For EV battery production, 4 players were selected under PLI.

I have my doubts about the scheme because

a) GOI tries to predict the future by selecting a few industries to promote.
b) Backing 'winners' is market intervention through incentives.

However, the intent is to use tax money / debt to promote manufacturing growth in private industries. I can also not predict the future, so perhaps my concerns are misplaced. Time will tell. I sincerely hope that the PLI scheme succeeds :pop:
I am well aware of the benefits of doing this but you can't convince me that the government isn't trying to create monopolies here. This reminds me of Hong Kong's monopolies and the lack of market freedom in Hong Kong, if you wish to learn about this then I will recommend you to watch this video below.

 

Mahabahu kaunteya

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Almost every single startup in the world is backed by some conglomerate. For a country the size of India, the number of conglomerates in India is too few and some conglomerates like Tata Group and Reliance Industries Limited are simply way bigger than all the other domestic conglomerates to the point where they are simply unstoppable in the country.
Something called soft bank finances them , what ever that bank is .
I don't know, but many start ups especially new ones get funds from china ( talk about! waaar , !desh ki izzat , ! ek inch zameen nai denge border skirmish , heheheh)
 

_NOBODY_

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Something called soft bank finances them , what ever that bank is .
I don't know, but many start ups especially new ones get funds from china ( talk about! waaar , !desh ki izzat , ! ek inch zameen nai denge border skirmish , heheheh)
Soft Bank is an absolute behemoth of a Japanese conglomerate. Our starts up are mostly getting funds from American VC firms like Dragoneer Investment Group and Tiger Global Management.
 

Clutch

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As long as the establishment keeps interfering in the politics of this country, this country will never prosper, not economically nor politically. That’s the bottom line. I don’t think they will ever stop tho, been happening since 1952. Imran was selected and made pm by establishment and now Shahbaz too is selected and made pm by the establishment on the orders of the 🇺🇸. The harsh reality is that our chief is also selected by the 🇺🇸. I feel sorry for those poor souls who worship and blindly support their political parties and think they will bring about a change, only to be disappointed a few years later. The establishment don’t need honest or genuinely smart people, they need scapegoats who they can pin the blame on for their anti Pakistan policies.
It’s a fools dream, those who think Pakistan will stand up on its feet one day, not as long as it’s ruled by the military, who are controlled by Uncle Sam.
If you want to see Pakistan’s economic and political future, just have a look at Egypt.

True. I guess Pakistani went from slavery of the Brits to the slavery of the Yankees. I guess the Indians are truely lucky to have gained their independence.


Jai hind.

What I don't understand why is there a love affair between establishment and the Sharifs to the point the country and its economy is sacrificed for them? How deep is the rabbit hole of Sharif influence?

Where is the establishment that supported Mushy when he put the Sharif brothers in jail?

Corruption. Sharif give $$$ to the establishment to buy their houses in London and Amreka.
 

Mahabahu kaunteya

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Government control in republic of india runs at two levels .
One is wholly owned by the GOI another one is the psu aka public sector undertaking

Now states have their own psus etc , but that's different thing .
Example of first one railways , armed forces. Reserve bank of india etc and very recently ordinance factories .,department of atomic energy etc
Then there are research institutions like drdo , ircon for railway, etc ,
Then come the psu , like Government banks , recently there wer 14 banks , now 7 Government ones remain.
Then ordnance factories were made psu .
Plus coal India is given the sole mandate to extract coal all over India, it has many subsidiaries
Then comes the ongc, it has sole madate to extract petroleum in india , mostly in assam , krishna godavri basin and ankleshwar in Gujarat and Bombay high .
Plus ongc videsh owns oil fields in Russia and developed farzad gas fields in Iran.
While indian oil, bharat petroleum hindustan petroleum process this petroleum products and sell them in the market.
So most of the refainaries petrol pumps in india are also owned by Government companies and these companies also retail gas cylinders for domestic purpose.
There is another psu called as GAIL, gas authority of india limited , it deals with extraction of natural gas , and distributes it in large cities for domestic purposes etc.

We claim to be a socialist republic thus still there are more than 400 public sector undertakings.
For cellular data like bsnl to shipyards like mazgaon, hsl at vizag , garden shipbuilders in Kolkata, cochin shipyard etc
 

_NOBODY_

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True. I guess Pakistani went from slavery of the Brits to the slavery of the Yankees. I guess the Indians are truely lucky to have gained their independence.


Jai hind.



Corruption. Sharif give $$$ to the establishment to buy their houses in London and Amreka.
The reason why I hate Sharifs more than other corrupt people in the world is that instead of investing that black money in Pakistan they take it abroad.
 

_NOBODY_

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Which university , if you don't mind .
My university is meh, I am studying at the University of Central Punjab, my university is quite famous for producing Tiktokers lmao. I was originally supposed to go to Canada but I couldn't due to global lockdowns and insane travel restrictions. Before I tell you anything else I have to tell you in Pakistan if you have studied the British O and A levels then you are required to get an equivalence certificate which is for converting your O and A levels grades into their FSC/ICS equivalent. However, the way they convert your grade completely is extremely unfair and I believe that it is done intentionally to encourage students to not study a foreign education system.

NUST, GIKI, FAST, COMSATS and now LUMS as well are currently the best universities in Pakistan for CS. In Pakistan, I applied to GIKI, FAST and COMSATS but sadly their merit was too high and they were selecting students only on the basis of their FSC/ICS marks or their equivalence certificates instead of an entry test like they normally do, this was done because the country was in lockdown. I could have gotten into LUMS but I chose not to go there for some reason and I regret that decision lmao.
 

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