Profile picture
Gautam Chikermane @gchikermane
, 21 tweets, 20 min read Read on Twitter
A thread that captures all the #70Policies follows...

You may download the book — 70 Policies that Shaped India: 1947 to 2017, Independence to 2.5 Trillion — here goo.gl/dA8QrQ via @orfonline
1/70
By ensuring that prices of shares were kept low, the Controller of Capital Issues ensured gains to small investors. But this meant enterprises were not able to get the right value

Download #70Policies here goo.gl/dA8QrQ via @orfonline
2/70
The Minimum Wages Act is not the end of all wages-related laws. There are four other Central laws that oversee wages. These need legislative consolidation

Download #70Policies here goo.gl/dA8QrQ via @orfonline
3/70
The Factories Act ensures that working conditions of Indian labour are humane. But in an era of #AI and robotics, it may push capital away from labour

Download #70Policies here goo.gl/dA8QrQ via @orfonline
4/70
The role of development finance institutions in the closed, pre-liberalisation India was noteworthy; in a relatively more open, liberalising India, they have a limited role

Download #70Policies here goo.gl/dA8QrQ via @orfonline
5/70
The Banking Regulation Act now needs to evolve towards regulating electronic and mobile money, which brings the opportunity to reach the unbanked and the threat from e-criminals

Download #70Policies here goo.gl/dA8QrQ via @orfonline
6/70
The extra-constitutional Planning Commission steered the economic direction of India for 65 years, imposing its will over Union Budgets and State finances alike

Download #70Policies here goo.gl/dA8QrQ via @orfonline
7/70
The general direction of successive finance commissions has been leaning towards giving States a greater share of resources

Download #70Policies here goo.gl/dA8QrQ via @orfonline
8/70
Industries (Development and Regulation) Act gave the government the power to investigate, assume management control of an enterprise, and take over an enterprise without investigation

Download #70Policies here goo.gl/dA8QrQ via @orfonline
9/70
The Bureau of Indian Standards Act of 2016 that replaced the ISI Act provides for compensating consumers if a product does not confirm to standards

Download #70Policies here goo.gl/dA8QrQ via @orfonline
10/70
#Nationalisation of Air India set the pace for serial nationalisations of several other sectors – notably banking, life insurance, general insurance and mining

Download #70Policies here goo.gl/dA8QrQ via @orfonline
11/70

The impunity of interference in the functioning of public sector banks peaked with the 1976 amendment to State Bank of India Act, enacted to remove its upright Chairman R.K. Talwar

Download #70Policies here goo.gl/dA8QrQ via @orfonline
12/70
From “division” to “directorate” to “commission” and finally to a “company”, the evolution of Oil and Natural Gas Corporation has moved with the times

Download #70Policies here goo.gl/dA8QrQ via @orfonline
13/70
What the Essential Commodities Act fails to see is that the era of shortages is now well behind us and needs to be amended, if not repealed, to serve this new India

Download #70Policies here goo.gl/dA8QrQ via @orfonline
14/70
So firmly was socialism etched in India that following the Industrial Policy Resolution, intellectuals advised businesses to map out a course of action consistent with the government’s

Download #70Policies here goo.gl/dA8QrQ via @orfonline
15/70
“Nationalisation of life insurance is an important step in our march towards a socialist society. Its objective will be to serve the individual as well as the State.”
—Jawaharlal Nehru

Download #70Policies here goo.gl/dA8QrQ via @orfonline
16/70
Building institutions is hard, maintaining them is even harder: in 2018 global university rankings of 950 universities, only Delhi (rank: 172) and Bombay (rank: 179) figured in top 200

Download #70Policies here goo.gl/dA8QrQ via @orfonline
17/70
Politically, economically and administratively, Food Corporation of India must rid itself of the dangerous situation of “huge surplus in FCI godowns coupled with widespread hunger”

Download #70Policies here goo.gl/dA8QrQ via @orfonline
18/70
Despite the use of MSP through the Commission for Agricultural Costs and Prices, India is a ‘food grains secure’ country but not ‘food secure’—this anomaly needs to be addressed

Download #70Policies here goo.gl/dA8QrQ via @orfonline
19/70
Implementing SEZ Act is difficult as different governments have varying objectives—Karnataka wants foreign investment, Tamil Nadu large dividends, Andhra Pradesh employment generation

Download #70Policies here goo.gl/dA8QrQ via @orfonline
20/70
There is urgent need for an extremely low-cost but market-linked long-term investment product. Until then, Public Provident Fund will remain the backbone of small savers

Download #70Policies here goo.gl/dA8QrQ via @orfonline
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Gautam Chikermane
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Related hashtags

#70Policies #AI #Nationalisation

More from @gchikermane see all

Profile picture
1/n
 Far too much energy has been depleted in condemning how the rich and the famous spend their #money (legally inherited and/or legally earned) on weddings. In one straight piece @monikahalan makes mincemeat out of them – and forces an introspection livemint.com/Money/Tzr7GQyG…
2/n
 How many of those calling such high-decibel weddings “vulgar” opt for a simple registered wedding for their children, asks @monikahalan – scathing observation on #money!
3/n
 Rather than condemning those who spend their earned/inherited #money, we need to look at how taxpayers’ money is spent on the personal upkeep of ‘public servants’ in acres-large bungalows in prime locations, argues @monikahalan
[We don’t because so few of us pay income tax.]
Read 6 tweets
Profile picture
So much for free speech and its passionate supporters thehindu.com/todays-paper/t…

#PondyLitFest
Apparently, to conduct or participate in #PondyLitFest you need to be ideologically aligned to the Left — this, from a gaggle of writers (yes WRITERS!) calling themselves, hold your breath, ‘progressive’ m.timesofindia.com/city/puducherr…
Lieutenant Governor @thekiranbedi should ensure that there is no space for such festival (#PondyLitFest) in Puducherry, demand Progressive Writers Association — you read that right: ‘PROGRESSIVE’
Read 15 tweets

Related threads

Profile picture
Here, we partnered w/ cancer patients + friends @KDeutsch @adamhayden @CultPerfectMoms @CurrentIncurSci @stephanie_mul to liberate their cancer genomic data from clinical labs.

It was a struggle…

...but there’s hope & we have a plan! [1/n] @OSFramework osf.io/gupvq
(Updated my bio to have a disclosures link, including consulting for genomics labs which is relevant for this effort. Also pasting here: goo.gl/6kfq2E)
Patients have a right to their data, and HIPAA states that data (whether clinical, molecular, or anything in between) should come in a computable form.

hhs.gov/hipaa/for-prof… cc @EricTopol @TheLizArmy
Read 13 tweets
Profile picture
THREAD: Follow this thread for a breakdown of our latest #QuarterlyReview on Revenue disbursements by the Federation Account Allocation Committee (FAAC) to the 3 tiers of govt. The 3 tiers of govt has witnessed a steady increase in 3 consecutive quarters of this year.
The three tiers of government shared N2.28 trillion in Q3 of 2018. A breakdown shows that the Federal government received the highest sum of N904.8B, followed by states, which received N718.5B & Local governments (LGCs) receiving the lowest disbursements of N432.1B.
#NEITIQUARTERLYREVIEW: AMOUNT RECEIVED.
Federal Government - N904.8B.

States - N718.5B.

Local governments (LGCs) receiving the lowest disbursements of N432.1B.
Read 18 tweets
Profile picture
#THREAD

The Cosmic Movement's penetration of Indian Freedom Struggle, Politics, Education & Religion.

This thread focuses on advanced threat perception from this group. Although this is a vast network covering many areas we concentrate here on key players driving it forward.
This guy is Max Theon original name Louis-Maximilian Bimstein. He founded the Cosmic Movement. As we will see each and every member of this network prefers to hide their original name, identity and history.
Many prominent people were involved with this Cosmic Movement as we will see. One of them was Tomáš Masaryk (who became the first President of Czechoslovakia) also the Princess of Rohan in Vienna and many others. However this group was actually a spin-off of the OTO.
Read 44 tweets
Profile picture
THREAD: As we await President Trump's remarks tomorrow at the UN on American sovereignty and values, a reminder that 6 years ago to the day, a different U.S. president gave a speech during UN week focused entirely on human trafficking. A few thoughts spurred by the speeches -- 1/
In a speech and rollout of new policies to combat slavery (you can read it here: goo.gl/xVyU9t), Obama didn’t say that the U.S. government would only help people when they had the right skin color or national origin (the term “shithole countries" didn’t appear once!) 2/
He didn’t resort to fuzzy math and misdirection to justify why the United States should turn its back on refugees and those fleeing persecution. 3/
Read 14 tweets
Profile picture
THREAD

In July 2018, a horrifying video began to circulate on social media.

2 women & 2 young children are led away by a group of soldiers. They are blindfolded, forced to the ground, and shot 22 times.

#BBCAfricaEye investigated this atrocity. This is what we found...
This is the video that went viral. We’ve cut out the ending, but - WARNING – it’s distressing.
Immediately, a fierce debate began on social media.

Some said this happened in Cameroon. Others said it was Mali.
Read 34 tweets
Profile picture
THREAD: A few of us have been raising questions about some of the writings of Tim Clinton. Most notably, @wthrockmorton has several blog posts you can find here: wthrockmorton.com/tag/tim-clinto…. I’m still surprised more people aren’t asking more questions.
And I’m disappointed Dr. Clinton hasn’t given a more satisfactory response.
Here’s why this is a significant issue for me. Dr. Clinton has considerable influence. He is the President of the American Association of Christian Counselors. It is the largest organization of its kind.
Read 91 tweets

Trending hashtags

#CustomerService #peoplesvote #USD #مدن__السودان_تنتفض #mp_amt #Kumbo #NEITIQuarterlyReview #MSDyn365CE #Kochi #Labour #blockchain #DataIntegration #AzureML #IndigenousPeoplesDay #shutdownberks #RemainerNow #ImmigrantChildren #CommonDataModel #Change #BlackPanther #MachineLearning #immigrants #Awesome #BrexitBritain #KeralaFloods

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!