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More from @dravirmani

Oct 7, 2022
Buddha's Golden Mean (#BGM): "Those who forget history are condemned to repeat it, those who are obsessed by it, will never see a brighter future"
2/ncrh Remember these are the same folks whose neo-colonial progeny, preach us "principles" to support their selfish interests, and to "shame" us into working against our own national interest
3/ncrh The response must be rational, not emotional. Learn about India's (own) National interest, and the national interests of the major powers (Hint: USSR & PRC were colonial) to understand how "principles" are used & misused!
Read 4 tweets
Sep 25, 2022
As I have said in many talks, and as the author @pujamehra wrote, the period 2004-13, was a, “lost decade” in terms of economic policy reform, not in terms of GDP growth rate. The latter was due to the lagged effects of 1991-2003 reforms.
The effects of sept 2019-March 2022 #policy #reforms will therefore, likely not be visible in the growth rate, before FY 24 or FY 25. However, the quicker the changes in law are reflected in the rules & procedure applicable to firms, the quicker they will be reflected in growth!
3/gdpi Remember “#India #Shining” campaign in 2003-4: Bcs of lags btwn enactment of policy rfrm into law, their translation into rules & procedures, and decisions by investors, it took years to translate policy reforms into aggregate growth. Wrld econ is in much worse shape today
Read 9 tweets
Sep 13, 2022
Today I am going to talk about an old & dear friend, one of the first Indian startup entrepreneurs(electronics hardware), an amazing patriot, who was badly treated by GOI, 12-13 years ago. I met him again after 13 years & heard the amazing story, which I had missed. 1/n ….2/n
2/n This friend’s company, designed & implemented for the IAF in many airfields, (1) the national real time digital, communication system, for the IAF, which is now used to communicate between every defence airport and every air headquarters. (2) ….3/n
3/n (2) A cellular air control system for the air force, the best in the world at that time, to replace the legacy system of the kind, which is still used in most civilian airports in India. What happened next, is a disgrace to the country….4/n
Read 7 tweets
Aug 16, 2022
62/bbr “The J curve of Institutional reform” (2020) egrowfoundation.org/research/growt… showed that anti-black money crusade can’t b sustained w/o Institutional reform. Corruption is a systemic problem in India(origin Bureaucratic Socialism) & can only b solved by policy+institutional reform
63/bbr This is encouraging, but more needs to be done wrt #EODB/#EORC and to translate the policy reforms announced during last 3 yrs into rules, regulations & simpler procedures for producers & exporters. m.economictimes.com/tech/technolog…
Read 17 tweets
Jun 19, 2022
India has been pleading with “super power #USA” for 15 yrs, to help strengthen #India’s technological capabilities, so it can independently deter aggression by #China in the Indian sub-continent, & become key US-backed security provider in the Indian Ocean & its littoral (#IOR).
2/indus The logic of competitive strategy(Andrew marshal) shows that its in the best interest of USA to provide strategic technology to India to get best bang out of its military budget, so as to divert PLA attention away from Taiwan which is critical to long term defence of USA
3/indus For example, (1) accelerated development of an SLBM with a range of 5000 km. (2) Capability to detect(24x7) PLRF launches of conventional & nuclear missiles within seconds of launch. (3) Defence production capability(#AND) to sustain a hot war with PLA for > month, (4)…
Read 4 tweets
Jun 18, 2022
🃏”Widespread protests by Sikhs in Arab World, Turkey, Iran, Pakistan, Indonesia, Malaysia, and other Muslim majority countries (Oh sorry, my mistake, there are no Sikhs, in these countries?)”
3/afg The Haqqani network was the favourite of Directorate S, ISI
Read 7 tweets

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