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Amartya Lahiri? Did you mean my much disliked batchmate from Presidency, Ashok Lahiri?@Joe Shearer @Paro
If you ever needed further idea of just how much extreme cherrypicking the administration is doing have a look at the original paper (esp pages 62 - 64 for the tax/GDP ratio etc) that give the ample context and analysis (esp what demon did w.r.t GST and w.r.t other underlying programs/trends):
Lahiri Paper
and compare to this fluff piece (using something taken well out of context from the lahiri paper) by the current CEA:
Academic studies have endorsed the benefits of demonetization
Careful work that distinguishes correlation from causality suggests that its long-term gains will outweigh short-term costs, writes KV Subramanian, chief economic adviser to the Government of India
I hope the original paper author (Amartya Lahiri) really says something about this nonsense in his twitter feed at least....given levels this CEA "article" is now being spammed.
The Lahiri paper also has commentary on the conclusions the other papers the CEA brings up in a very different vein to what he is insinuating (with the digitization effect)
Whats surprising there, it's not just in shipbuilding but pretty much in every sphere of life. And do not mistake this as just a PSU thing either. I had intentions of pursuing some business activities in India, and I have completely given up on them given the realities I see in my uncle's firm on a day to day basis. The only viable system in India is in the IT-sphere.
Indigenous Warship Construction: Laudable Objective, But Unsustainable Practice
While indigenisation of the design, development and construction of naval principal surface combatants is a laudable objective, it is the ap...trishul-trident.blogspot.com
While indigenisation of the design, development and construction of naval principal surface combatants is a laudable objective, it is the apex-level project management of successive warship construction projects that has consistently, since the late 1990s, serve to sabotage the laudatory objectives, with no tangible changes being expected for future domestic warship construction projects as well.
(Long article of good depth at link)
===============
Conclusion: Project management in (esp public) Indian defence sector is quite atrocious still.
We could have gotten extra ships or extra RnD with the cost and time overrun amounts due to this decrepit management (same goes for other branches).
Reading this I see just level of things I take for granted here in Canada/West tbh.
This is part of reason China churns out at far larger rate sustainably, they have obviously invested in and developed sound project management (past the capacity itself)...we are well behind and need a big kick up rear to kick into gear.
@Paro @Joe Shearer @Gautam @ANMDT @#comcom @T-123456 @Test7 @crixus @kaykay @Milspec et al.
Indigenous Warship Construction: Laudable Objective, But Unsustainable Practice
While indigenisation of the design, development and construction of naval principal surface combatants is a laudable objective, it is the ap...
While indigenisation of the design, development and construction of naval principal surface combatants is a laudable objective, it is the apex-level project management of successive warship construction projects that has consistently, since the late 1990s, serve to sabotage the laudatory objectives, with no tangible changes being expected for future domestic warship construction projects as well.
(Long article of good depth at link)
===============
Conclusion: Project management in (esp public) Indian defence sector is quite atrocious still.
We could have gotten extra ships or extra RnD with the cost and time overrun amounts due to this decrepit management (same goes for other branches).
Reading this I see just level of things I take for granted here in Canada/West tbh.
This is part of reason China churns out at far larger rate sustainably, they have obviously invested in and developed sound project management (past the capacity itself)...we are well behind and need a big kick up rear to kick into gear.
@Paro @Joe Shearer @Gautam @ANMDT @#comcom @T-123456 @Test7 @crixus @kaykay @Milspec et al.
This is actually story I can go into some depth.....the main issue is India did not allow genuine flourishing of supplier industries to the largest (well known) ones to provide the competition realm that sometimes corporates can shield from and turn into oligarch complex etc
If you see for example how Korean chaebols (which took on airs like our DPSUs too) were super corrupt/deficient in lot of regards too (even during the more formative time that is spoken of in glowing terms now in hindsight) .... but it was their supplier network around them that provided counter pressure to entrenchment stasis + oligarchy trends.
Past automotive and pharma (latter really is not even a heavy industry).... this model has not permeated in India because 1991 reforms was just immediate pressure release based (and keep whatever the same that can be) rather than top to bottom logic driven.
IT is case of lot more competition....the major corporates there are in close proximity and competition to each other, they have not turfed out as much like you can with heavy capital-based industry. Again because IT (and services) is not a traditional capital-based industry.
Then you have extreme govt driven turfing like with Pipavav shipyard...to add on top of the problem....so you dont even get much chance in lot of things for the "half-good" compared to entrenched bad.
Indian MoD cancels contract for five offshore vessels
The Indian Ministry of Defence (MoD) has reportedly cancelled the contract previously awarded to Reliance Naval and Engineering (RNEL) for the construction of naval offshore patrol vessels (NPOVs) for the Navy.www.naval-technology.com
Was shared by my dad with me, his words were "sab ke saamne dhoti khol diya".
