Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Wednesday, August 14, 2024

India @ 77



Its the eve of Independence Day, and as has been a fairly long-standing tradition, time for an all things India blogpost (2023 edition)

The 77th year in modern India’s life was an interesting one. Political events in the immediate neighborhood have reaffirmed that for all the flaws, things could have been far worse, if not for the vision of our founding fathers!

The Chandrayaan landed on the Moon. Truly a monumental achievement!

There was the biggest Indian festival – the general elections. The results of the long-drawn campaign were a bit chaotic - those who won seem unhappy, while those who continue to be in the Opposition seem the happier lot. After 10 years, there is a Leader of Opposition in the Lok Sabha. The slightly unexpected outcome has also resulted in even the media becoming less of a cheerleader and a bit more unbiased!

Meanwhile, the nuance from any public debate still continues to be completely missing. There are two sides on any issue. Either it is a slugfest or it will be one outraging, other completely silent. And almost always split on the same political line. The echo chambers are becoming deafening. Only characteristic common is the hypocrisy. 

Also, we are becoming more and more immune. An illegal hoarding collapse, train accidents, manmade "natural" disasters, horrific crimes - we pause and we move on.

There was also a random narrative of  the official name of the country being changed to a name which is also the official name! A true case of much ado about nothing.

The economy continues to give mixed signals – the stock markets continue to rise and rise, while the on-ground picture doesn’t look that rosy.

The biggest nuisance – the phone call scammers. Electricity bill scam, fake couriers, customs, number disconnection threats, video callers, kyc… the list seems to be just going on and on. It just seems to be turning into a case of when you will fall in the trap of the cyber thugs! Keep navigating this minefield and pray that you do not randomly click a malicious link.

Climate change is becoming more and more real. The actions to combat it are simply not enough. The same monsoom season has seen both excess in many parts and a dry spell in the other. Flash floods, landslides, shifting seasons are becoming the new normal.

On the sporting front – the Men’s cricket team finally broke their trophy drought with a T20 World Cup victory, while a home ODI World Cup just slipped away. 
The Olympics are done, lots of folks bemoaning the low rankings (it’s a quadrennial rant) while never even bothering to find out what happens in the interim. The fact that the second highest medals tally seems an underperformance shows that the so called sleeping global sports giant has slowly started to stir (it will still take some more time to be fully awake). 
One sport which has grown leaps and bounds has been Chess – Gukesh becoming a Challenger and Praggnandha finishing runners-up show that finally Indian chess is moving out of the mighty Vishwanathan Anand era.

On that optimistic note, closing out this post. 

Jai Hind!

Monday, August 14, 2023

India @ 76

A couple of days back an SMS arrived.
“Har Ghar Tiranga is back. 13-15 Aug bring home & fly Tiranga with pride! Upload selfies on harghartiranga.com


Yes, its that time of the year, when amongst other things this blog gets a post on all things India. (Here is the 2022 edition

Interestingly, I am also halfway through the book, “Freedom at Midnight”. 76 years have gone by, but many of those issues remain continue and can be traced back to those fateful last days of the British Raj. Bipartisan politics, communal violence, hope and worries for the coming days, history finds new own ways to repeat itself!

[An aside - Wouldn't it be the mother of all ironies, if Scotland is separated from the United Kingdom under the watch of  Rishi Sunak and Humza Yusuf?]

Returning to the present.

India has overtaken China as the most populous country in the world. Or maybe not. After all, the Census exercise has not been done since 2011, another collateral victim of the Covid-19 pandemic.

The effects of Climate Change are becoming more and more visible. On one hand, the monsoons are creating havoc on the urban infrastructure, while other parts of the country are reeling in drought. The seasons are becoming increasingly erratic. The hilly regions are even more at risk, as highlighted by the "sinking" of the town of Joshimath. Given the vast population, and its ever-growing energy requirements, drastic action is required on the climate front. While the government has stated ambitions of Net Zero by 2070, it might be a case of too little too late! Tthe discovery of lithium prospects in Jammu could become play an important role in this climate battle.

India has the G20 presidency. That means almost every city has got some G20 event happening across the year. Which also means there are weird (yet also cute looking) G20 banners and posters on every road and street!

The General elections are coming. That unfortunately implies more political mudslinging, further rejigging of alliances, lots of Aya Rams & Gaya Rams and more hatemongering. The race to the bottom in the political discourse will be heightened (or lowered). The political game of thrones will be on full swing till mid next year, till we finally get a government in place!

In the interim, the actual governance may go for a toss, with everyone looking to extract their pound of flesh from every event. Just look at the online battleground that the Manipur issues have become, while actual on-ground issues continue to be unresolved. Similar is the case of the Wrestling saga. In a country, where sporting heroes are still in short supply, seeing the visuals of some of the most decorated sportspersons sitting on dharna and being dragged around by the authorities was disturbing. And for the public opinion, whose side you stand on is defined by your political inclination. Just continuing the trend of everything being politicized and sharply polarized.

Lets hope the individual common sense stays in the heavily politically charged coming months!

There is a big Men’s ODI World Cup coming up and somehow BCCI has bungled up the event scheduling and ticketing. What a fall from the days of Dalmia & Bindra. Although, they also deserve plaudits for starting (finally) the WPL and providing pay parity for international games. Amidst all the chaos, they still are the best-run sporting organization in the country. Speaks more of the incompetence of the other sports bodies, which for some reason or the other keep getting themselves banned by the global federations.

Meanwhile, despite the Hindenburg report, the stock markets continue their bull runs, reaching new highs, and providing a pretty good silver lining amongst the political & environmental crowds. Although it all could be just a bubble waiting to be burst.

Overall, not a rosy picture but to end on a good note. “Naatu Naatu” won an Oscar providing the first truly Indian Oscar winners (earlier ones were all for external projects). It was a pleasant surprise to see this foot-tapping chart-topping song reach such popularity!

On that musical note. Happy Birthday India! Jai Hind!

Monday, September 06, 2021

LearnNBlog #19: The Hydrogen Rainbow

Climate change concerns have propelled the shift from fossil fuels to alternates in the quest for cleaner energy resources. 

In high school chemistry, Hydrogen was described as a colourless gas. Yet today when we hear talk of a green economy, it is the various shades of Hydrogen hogging the headlines. But what exactly do the different colours signify? The colours indicate the source of Hydrogen and how it has been produced. The primary ones are as follows (and it is an ever expanding spectrum) 
  • White: Naturally occurring but of limited commercial value. 
  • Brown/Black: Produced by transforming coal into gas. 
  • Grey: Produced from Natural Gas through Steam Forming. The most common process currently 
  • Blue: Same as grey. However the emissions are captured and stored. 
  • Turquoise: Extracted from Natural gas but leaving Solid Carbon as a by-product 
  • Pink: Electrolysis using Nuclear Energy 
  • Green: Electrolysis using Renewable energy 
For a really clean economy, green hydrogen is "The One" as the others still release carbon emissions! Thus not fully suitable for a Net Zero emissions ambitions being articulated. 

How will this all pan out? Well, the answer is not easy but at least the world is trying before its too late!

Links:

Previously on Learn N Blog: Ubuntu