Klaus Schwab introduced the now widely used term Industry 4.0, ‘The Fourth Industrial Revolution,’ at Davos in 2016, describing it as ‘the technological revolution that is blurring the lines amongst the physical, digital and biological spheres.’ The first industrial revolution (IR) led to the introduction of machines that used power from
Consumers will drive the leap into 5G
Finances not in great shape
O Panneerselvam, in his budget speech, presented a detailed report on the performance of the different departments and listed the allocations. The budget for 2020-21 estimates revenue of Rs 219,375 crore comprising Rs 149,429 crore of state’s revenues and Rs 69,946 crore as Central transfers in the form of shared taxes
Better to bet on growth sectors
Chief Minister Palaniswami has been taking special efforts to attract investments. The state policy should be on the development of the manufacturing and services sectors. The TN Assembly has passed the TN Protected Agricultural Zone Bill. This bans setting up of projects inimical to the environment and ecology of three Cauvery
A tax non-compliant society…
I can visualise the packed suit-boot audience feeling uneasy over this widely-known secret revealed by Prime Minister Modi in his address at the Times Now Summit in New Delhi. Three years earlier, presenting the Union Budget 2017, then Finance Minister Late Arun Jaitley made an equally eloquent delineation of this subject:
India Inc: global spaces, desi faces
Four ministers in the British cabinet! Are Indians on their way to changing the world? Where is India heading in this new era of globalisation? British Prime Minister Boris Johnson has chosen a new neighbour. Rishi Sunak, Conservative party MP who will take over as the first Indian origin Chancellor of
Delhi onfire: a repeat of Sterlite
Even while there was so much euphoria over the Trump visit, sections of Delhi were experiencing intense protests, arson, and looting. In north-east Delhi, there were violent clashes between pro and anti CAA agitators that had resulted in a loss of lives and widespread damages to property. It is shocking that
The elusive trade deal
QUIZ FOR THE DAY – 21-02-2020
Today we present infographics on food grain production from 2005 to 2020 (estimated). Today's quiz: a. India has been increasing its food grain production since 2005. TRUE or FALSE b. What is the record food grain production and when was it achieved? So check out this site www.industrialeconomist.com for regular updates. Answer: a. TRUE b. 291 Million tonnes; 2019 - 20
QUIZ FOR THE DAY – 20-02-2020
Today we present infographics on the current account balance and foreign exchange reserves for India. Today's quiz: a. Do you consider the performance of Current Account Balance healthy or otherwise? b. More exports and fewer imports will help to build foreign exchange reserves. True or False So check out this site www.industrialeconomist.com for regular updates. Answer: a. Healthy b. True
