Friday, November 16, 2012

The world is not flat - Google+

The world is not flat - Google+

Domestic Solar Panel Manufacturing Industry in India

There is surely something wrong.

Link to the Report on Domestic Content Requirement


Either everyone is wrong or India is only wrong. Whatever be the case, at the moment, you have to be Roman if you are in Rome. India should do something to protect the domestic solar Industry.

  1. If the domestic solar industry flourishes, then they would be able to reduce the cost in medium term and match the cost in long term. 
  2. There is interest of Solar developers but that is short term interest for the country.

Is solar going the same way the heavy industry for Thermal Power Production was going 10 years ago. There was a time when 40% of the Chinese Thermal Industry was based on demand from India.

Govt. need to put in substantial efforts to make India a manufacturing hub.

Monday, November 12, 2012

Economics blogging: Salute to the India of ideas | The Economist

Economics blogging: Salute to the India of ideas | The Economist

I really liked the statements
1. And perhaps the country’s brightest economists are simply rubbish at communicating sharp ideas to the policymakers, activists, media types, business leaders and members of the public who could make use of them.

2. The contributors, by and large, are Indians, or people of Indian origin based in America and elsewhere. Their challenge is to engage their countrymen. If they succeed, the rewards could be magnificent.

This means the solution is the Indian economist but not the one like Kaushik Basu, whom I once read told sarcastically, about beggars - "if he does not accept 10 paisa (or something really small) then you will say this as a result of inflation"

Economist like Kaushik Basu are the real perils of India as they know simple facts but are biased due to their positions and alienation. Such economist are dangerous for India's future. But you know what - Govt. has made him along with the legendary (sarcastically used) to be the "Top Economist of India" - Thats the peril of India.