Comment on How India’s power crisis is self-made & why we could face another crunch during the monsoon

• iamtanmay@wolfballs.com ⁨2⁩ ⁨years⁩ ago

  No. They are in a semi-stable situation like the US. With strong political and regional divides. Its not so bad, that there will be a revolution. But they are grossly underperforming to what they could achieve. Some regions like the south, do spectacularly well though. High per capita $ and literacy.

  By ease of business rankings, India is one of the worst countries globally to do business in, due to red tape. I would not set up shop there.

  All their success is despite their bad governance. Its not going to change

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  • Monarque@wolfballs.com ⁨2⁩ ⁨years⁩ ago

    Very cool information, thanks

    Usually whenever the elites have a lot of power, the whole system is set up to throttle the competition. Capitalism just won't exist.

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