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Showing posts with the label china

Import Trade restrictions and Make in India-Atmanirbhar!

 Import Trade wall or barriers are not new to India. The country had very steep walls in terms of Tariffs, licensing ,quotas etc. all in the name of safeguarding the domestic industry. When the country gained independence, many of the industries were either nascent or anemic and in order to restore their health, Central Govt had no option but to erect some import restrictions so that local industries in the economy are nurtured. This grooming of domestic industry with level playing field took a new turn in the late 1960s and 1970s with widespread nationalisation of private enterprises, ushering in an era of erratic socialism all in the name of protecting the citizens from private profiteering. This concept led to erecting walls within the country between the commanding heights of Govt. undertakings and the Private enterprises. The private sector was neglected and was left to fend for itself and scaling up an enterprise became a uphill challenge for private sector. Inorder to protec...

Hammer and Dance strategy- both with Corona and China!!

Initially, when COVID 19 started spreading in India, PM Modi announced a war on Covid 19 and every single citizen abided by his exhortation. Many newspapers and media personnel screamed Modi is going hammer and tongs at Covid 19 virus in order to scorch it totally. But after a few lockdowns, both PM and the common man understood with humility that Covid demands hammer and dance strategy to deal with it. So we are now reconciled to the fact that we must learn to live with Covid 19 at peace instead of waging a losing war. Adapting to its speed and spread, the common man is now equipped with mask, social distancing etc. to tackle it and dance with it. Govt adopts the hammer and the common man adopts dancing with it. Hopefully, this will become a considered foreign policy also with China, the birthplace of Covid19. Hammer at LAC and then dance with it in commercial and trade space!!Also, dance with China to wean it off Pakistan!!

Calendar, vaccination ,algebra etc. and India's contribution acknowledged ?

Antikythera mechanism and modern computer. Many scientists who have worked on studying Greek's antikythera mechanism which was found in a shipwreck in early twentieth century, to be precise 1901, is considered as the world's first analogue computer.. This was used to predict the astronomical events, transits, eclipses and other planetary positions well ahead of their occurences and used for astrological purposes even decades in advance. There are some confusions as to whether it used Greek astronomy, Egypt astronomy or Rhodes' astronomy where Archimedes lived. The twelve months given in that machine carry the Greek names but has equivalent Egyptian names also. The research on this first computer has not yet concluded, even though the machine itself has disintegrated over a period of time from the time it was discovered under the sea. But in India from time immemorial , astronomy has been studied by great sages and used for astrological purposes. The Hindu priest cla...

Land is not manufactured anymore! Can we turn this on its head.

"Buy land, they're not making it anymore"-Mark Twain Govt. is in the process of identifying land parcels for attracting industries moving out of China for want of safe haven. If big land parcels can be earmarked for setting up Industrial parks and industrial clusters, it will give a huge fillip for Make in India campaign. As PM said India has the Intent, it paves way for Inclusion,  provides Infrastructure. attracts Investment and enables  Innovation. But what is stopping it from leap frogging. It is redtapism in land acquisition ,lackadaisical Court procedures and the greed of politicians that put paid to ambitions of growth in Make in India. Even smaller countries like Vietnam, Indonesia are able to attract industries moving out of China in a big way but the sleeping giant like India falters. Despite improving the ranking in Ease of Doing Business has the economy really energised itself to become an aspiring industrial giant. There are green shoots here and there...