Shocking Views on TE of 448K & 827 Replies in Just over 3 Months – Buying from US!

[TEUser2K1]

Behind the scenes: How the U.S. lobbied New Delhi to reverse laptop rules

India reversed a policy requiring licenses for imported laptops, tablets, PCs, and servers after U.S. officials lobbied against it. The move, which came after behind-the-scenes pressure, raised concerns about compliance with WTO rules. U.S. officials, alarmed by the abrupt policy change...

economictimes.indiatimes.com

US Pressures India to Reverse Laptop Licensing Policy, Raises Concerns Over WTO Obligations - NewsX World

India has reversed its laptop licensing rules after being pressured by US officials. In August, India introduced regulations mandating companies such as Apple, Dell, and HP to acquire licenses for all imports of laptops, tablets, personal computers, and servers. This move raised concerns about...

www.newsx.com

Irrespective of political parties or leaders, there are probably other forces at play here oblivious to know of common man.

 

[blr_p]

Behind the scenes: How the U.S. lobbied New Delhi to reverse laptop rules

India reversed a policy requiring licenses for imported laptops, tablets, PCs, and servers after U.S. officials lobbied against it. The move, which came after behind-the-scenes pressure, raised concerns about compliance with WTO rules. U.S. officials, alarmed by the abrupt policy change...

economictimes.indiatimes.com

US Pressures India to Reverse Laptop Licensing Policy, Raises Concerns Over WTO Obligations - NewsX World

India has reversed its laptop licensing rules after being pressured by US officials. In August, India introduced regulations mandating companies such as Apple, Dell, and HP to acquire licenses for all imports of laptops, tablets, personal computers, and servers. This move raised concerns about...

www.newsx.com

Both are referencing the same Reuters article.

Irrespective of political parties or leaders, there are probably other forces at play here oblivious to know of common man.

This just typical USTO being USTO. These trade issues are keenly fought between various countries and doesn't get much publicity.

I was under the impression the govt introduced the licensing rule as a way to force these companies to make in India. Something they had steadfastly refused in the past. It appeared the ploy worked as soon after many of them did apply for licenses. Why not if phones as well as appliances are being made here by Samsung and others for close to a decade then why not laptops.

As to what happened after I'm not sure until I learn here the govt reversed this position due to USTO lobbying.

 

[vivek.krishnan]

Nobody is against MII but the way it started esp. their oc claims, the hopes have been shattered and we are left with just local chinese assemblies labeling as MII.

Not true for all. As I said, these are business decisions done by the company which wants to sell in India.

Moving tooling or setting up a new tooling is not something that can be done just because they can save some money. Most of these are amortized by the local contract manufacturer for several years. If the company wants to shift this to India, they need to pony that sum up because they are changing contract manufacturing.

Before banning something, ensure to match those standards & mfg such stuff locally and abundantly.

You are in the services industry. Come and see how it works in the manufacturing sector. Change does not happen overnight, forget even 5 years

So many stages are there, even for a new development.

What india did as a revenge is directly banned AliExpress just one of those hastily taken decisions as if thats goona affect China. In fact China must have had a great laugh at us...khud k pair pe kuradi marna literally.

It wont affect China initially, it will affect those first who were bypassing customs mainly on a large scale.

Additionally, the govt is supposed to see what is being imported on a large scale and try to do import substitution.

We cannot straightway compete with US/China but should at least up to a certain extent where we are relaxed and dont have to resort to imports for most of the stuff and nor we have to repent on MII decision. This will of course happen someday but in which era only God knows!

Exactly my point. It will happen but we wont be alive to see that light of the day..
And hence we have such type of threads..

Buying from US - Best Deals - Discussion Thread

Many of us have relatives, friends, brothers, parents etc..... in US. Most of the electronic items are pretty cheap over there. I wanted to start this thread during Thanks giving but thought no one is interested. But seeing some may require basic help and some are having good knowledge on...

techenclave.com

Imports are never going to die. Why dont you see how the automobiles industry started and how much time it took and then see this from the perspective of what you feel is not going properly from MII in stages.

Can we in MII make and sell a Cigarette Lighter for Rs 8 or 10 ...... Just wondering ‍

Will you buy something like that or try to find a fault with it for being so cheap.

I think this video is apt from this comment -

 

[nimod]

Penicillin G is the active pharmaceutical ingredient used in several common antibiotics.

Why was manufacturing in India stopped in the 90s, and why did it take so long to resume?​

Read this Article in Indian Express

No manufacturing has started yet.

This story is only an addition to the list of many other fake Jumlas.

btw, I see entire PLI game as another trick for siphoning off public money.

Compare this with previous two decades (Source https://www.bankbazaar.com/currency-exchange/historical-value-of-1-usd-in-inr.html)
1994 - Rs 31.37 per USD
2004 - Rs 45.32 per USD 44% increase
2014 - Rs 62.33 per USD 37.5% increase
2024 - Rs 83.31 per USD 33.65% increase

What is unusual about the last decade?

Use the following link to see how other currencies have fared against the USD in the last decade

US Dollar to British Pound Exchange Rate Chart | Xe

USD to GBP currency chart. XE’s free live currency conversion chart for US Dollar to British Pound allows you to pair exchange rate history for up to 10 years.

www.xe.com

JPY: 48% cheaper
EURO: 28% cheaper
GBP: 33% cheaper
INR: 38% cheaper
PKR (Number 1): 184% cheaper

Had you published this chart a decade back, the CJI would be living peacefully and SBI chairman would be living respectfully.



The latest event i see as achievement of this govt:

Yamini Aiyar steps down as think tank chief days after slamming PM Modi's govt

Policy scholar Yamini Aiyar stepped down as the Centre for Policy Research president days after her article criticising Prime Minister Narendra Modi's governance was published.

www.livemint.com

 

[kiran6680]

They can allow as many imports as they can export or we end up with a fiscal deficit which at the end of the last administration was reaching 9%. It should ideally be under 5%

Extreme ignorance alert. That is current account deficit, not fiscal. https://www.investopedia.com/articles/economics/10/twin-deficits.asp

You are in the services industry. Come and see how it works in the manufacturing sector. Change does not happen overnight, forget even 5 years

Yes, that's why education, which takes 20 years, is being neglected.

Raghuram Rajan thinks India making a big mistake believing ‘hype’ about its growth

India's former central bank Governor Raghuram Rajan warned that India's strong economic growth is overshadowed by structural challenges like poor education and skills. Rajan said there is urgent need for workforce improvement to harness the potential of the young population.

m.economictimes.com

spend more on subsidies for chip manufacturing than the annual budget for higher education

 

[vivek.krishnan]

It's reality today with artillery. If you're familiar with the Ukraine war this is a decisive factor in how long Russia can stick in the fight. Indefinitely. You compare with Israel that still has to import artillery & tank rounds from the US and their situation is a lot more bleaker. Subject to constant interference and overall humiliation.

This is a whole other chapter. Many are brainwashed by the propaganda and supporting one side blindly without realizing similar tactics are employed in business as well.

See, MII means many things and we have to start somewhere.

Yep!

You're old enough to know the past was worse. Think acquiring computers in the 80s. What was that like under a license raj.

Yeah. Even though I wasnt born, my uncle was in a company which did import and boy how this was in terms of corruption.

The government has a tightrope to walk. They can allow as many imports as they can export or we end up with a fiscal deficit which at the end of the last administration was reaching 9%. It should ideally be under 5%

With high oil prices and a gold lust that just won't quit other imports are going to take a hit. That was an economy in bad shape. Getting drunk and fatter by the day until it needed major surgery which the first term of this government was striving for. That surgery aka reducing the fisc isn't painless. Sanjeev Sanyal has spoken about this many times.

It's lucky oil prices crashed back in 2014 or you'd have seen the rupee depreciate much faster over time.

Waste on discussing this, many are armchair activists. Which is also not wrong, considering sarkar jo bhi ho, salary class ki maarta hai

We have to live within our means. That is the bottom line. MII is an attempt to correct the imbalance. Exporting more means you get to import more. It's a slow gradual process with numerous challenges. The most fundamental is most countries industrialised before they became democratic. Less hassle about workers right bla bla. We're trying to do it after. Harder.

EMI bro

Earlier it was about getting into the services stage from agrarian and skipping the industrialisation stage. We've had reasonable success with that. But going further requires getting manufacturing going. In a world that is slowly turning protectionist from globalist you can say we're on the right path

Many people dont realize this at all.

Both are referencing the same Reuters article.

This just typical USTO being USTO. These trade issues are keenly fought between various countries and doesn't get much publicity.

I was under the impression the govt introduced the licensing rule as a way to force these companies to make in India. Something they had steadfastly refused in the past. It appeared the ploy worked as soon after many of them did apply for licenses. Why not if phones as well as appliances are being made here by Samsung and others for close to a decade then why not laptops.

As to what happened after I'm not sure until I learn here the govt reversed this position due to USTO lobbying.

Depends on whom you ask

I think it has spurred local body manufacturing, and in a couple of years, we will be able to get almost 50% localization.

Yes, that's why education, which takes 20 years, is being neglected.

Not just that, people want quick fixes, showing their mentality. Try to solve problems by understanding them, not just I want a solution.

 

[blr_p]

This is a whole other chapter. Many are brainwashed by the propaganda and supporting one side blindly without realizing similar tactics are employed in business as well.

Can you explain?

My point is MII is quietly coming along in the defense sector. Atmanirbhar is a reality and essential given current geopolitics trends.

EMI bro

What does that mean at the national level though?

Public debt to GDP goes up. In Japan's case it's three times their GDP. For most countries that would be disastrous but nobody thinks Japan is a bad risk.

Japan generates enough to be able to freely borrow in the international market without repaying extortionate interest rates. And it shows, the metros in Delhi & Bangalore were financed with interest rates we repay to them of 0.2%. The Paks have to pay 20x more to the Chinese.

Extreme ignorance alert. That is current account deficit, not fiscal. https://www.investopedia.com/articles/economics/10/twin-deficits.asp

Doesn't change my main point that ten years ago this government had to deal with a country whose finances were in the toilet. The fixing process was not painless. Ten years later the picture is much brighter.

As to why can't we go back to how it was that is a question of how the government sees priorities. This administration looks at a holistic growth model. The last one was more differentiated.

 

[BullettuPaandi]

My point is MII is quietly coming along in the defense sector. Atmanirbhar is a reality and essential given current geopolitics trends.

Just this is a fair point, or just one that I can agree with.

Being immune to sanctions is a necessity, and we've covered that ground quite well, notably in defense and semiconductor fabrication. But, I won't put this under the Make-In-India-Accomplishments-List; because these aren't results of a general policy being well-crafted, which'd mean other businesses, some of which would be within the scope of this discussion, can be expected to deliver similar result. These are more of neccesity-taken-care-of-and-national-interests-secured, at least in my books.

As for the actual Make In India (as advertised), any measure can be chalked out as 'starting somewhere'. 'Is it a step towards the right direction?' is the question and I, for one, am not entirely sold that.

 

[blr_p]

Being immune to sanctions is a necessity, and we've covered that ground quite well, notably in defense and semiconductor fabrication. But, I won't put this under the Make-In-India-Accomplishments-List; because these aren't results of a general policy being well-crafted, which'd mean other businesses, some of which would be within the scope of this discussion, can be expected to deliver similar result. These are more of neccesity-taken-care-of-and-national-interests-secured, at least in my books.

Why one area delivers and another does not depends on the industry. Different set of incentives needed. Lower hanging fruit first.

And why aren't the successes a result of general policy being well crafted? I'd argue that's exactly what they are.

The fact that we've become much more confident when it comes to handling our two neighbours in the last decade shows the increased capabilities.

Does it get any more in your face than Doklam? We picked a fight with China close to the chicken's neck, an area that everyone thinks we are most vulnerable at.

But if we see the response after 26/11 there was nothing and for good reasons that couldn't be revealed at the time.

As for the actual Make In India (as advertised), any measure can be chalked out as 'starting somewhere'. 'Is it a step towards the right direction?' is the question and I, for one, am not entirely sold that.

You had no such initiative with the last government. How can it not be a step in the right direction?

The only criteria I see people applying here is the results do not show in whatever narrow sector they look at within some arbitrary time frame they set. Hence fail!

 

[BullettuPaandi]

You had no such initiative with the last government.

Again, the criticism is not lack of trying.

How can it not be a step in the right direction?

When it appears to be more detrimental than good.

You can go to post #6 for my initial post, and multiple from others in this thread as well, explaining how they feel so.

 

[animishticomb]

Many people here seem to be just biased to the hilt in pro or against Modiji government. Bhare baithe hain in Hindi. Very few actually seem to care about the actual topic of mii.

 

[TEUser2K1]

@blr_p
> As to what happened after I'm not sure until I learn here the govt reversed this position due to USTO lobbying.

Was trying to convey this, irrespective of political parties such concerns arises. Also note about trade partnerships like TTIP, TPP, etc. and why powerful nations requires those in an increasingly globalizing world (which was being pushed by themselves only).

As far as politics in concerned, neutral about current govt., they are doing better than rudderless old one. But worries about unethical electoral bonds, identity politics, a show of fake opulence, etc. which are serious concerns, something does not match.

 

[blr_p]

Was trying to convey this, irrespective of political parties such concerns arises. Also note about trade partnerships like TTIP, TPP, etc. and why powerful nations requires those in an increasingly globalizing world (which was being pushed by themselves only).

We're not part of these partnerships and in fact rejected RCEP recently too

When it appears to be more detrimental than good.

You can go to post #6 for my initial post, and multiple from others in this thread as well, explaining how they feel so.

I couldn't make out much detrimental in that post other than you advocating for labour welfare?

 

[TEUser2K1]

> We're not part of these partnerships and in fact rejected RCEP recently too

Even if India bend over backwards to be part of such partnerships, returns will be far less than their own closed same color feathered self interest groups.

 

[Emperor]

vote for ... KHICHADI team activated lekin Ayegaa toooo ....

I wish next elected Indian govt. should implement ditto .. China Policy (Social, Economical, Industrial, Labor Law, One Child etc.), so we will get World Class product at cheap rate here in India Only, if not, than they should shut all industries (PLI scheme too) in india and allow cheap import from any country as it will divert more & more work force for door to door delivery of those world class products and will create huge job in courier industries.

 

[nimod]

vote for ... KHICHADI team activated lekin Ayegaa toooo ....

I wish next elected Indian govt. should implement ditto .. China Policy (Social, Economical, Industrial, Labor Law, One Child etc.), so we will get World Class product at cheap rate here in India Only, if not, than they should shut all industries (PLI scheme too) in india and allow cheap import from any country as it will divert more & more work force for door to door delivery of those world class products and will create huge job in courier industries.

Two members of National Statistical Commission resign

NITI Aayog CEO Amitabh Kant and the chief statistician of India Pravin Srivastava, the two government nominees, are the only members left in the commission.Mohanan says the NSC had approved the report of the Annual Employment Survey 2017-18 which has not been released

www.livemint.com

 

[blr_p]

> We're not part of these partnerships and in fact rejected RCEP recently too

Even if India bend over backwards to be part of such partnerships, returns will be far less than their own closed same color feathered self interest groups.

It's the other way around. They are chasing India to join these various groups and disappointed that India has rejected these advances.

 

[nimod]

@Emperor ji

https://www.business-standard.com/article/pti-stories/pmo-official-resigns-121080200985_1.html

 

[blr_p]

@Emperor ji

https://www.business-standard.com/article/pti-stories/pmo-official-resigns-121080200985_1.html

Yeah, how about the reasons for quitting?

That they won't say and leave open to speculation

Reminds me of the american foreign service when Trump entered office. For a long time they were looking for ambassadors. People said they do want to serve under him. Then Biden came along and the same thing happened. This time it was problem with the service. Not Biden per se.

 

[guest_999]

a country whose finances were in the toilet.

Only time that was true was before 91 economic reforms, since then though sometimes not good but this country's financials were never so bad.