Wednesday, April 25, 2018

IREF - Subscribed Threads Update

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Dear ck.kislay,

You are subscribed to the thread "Real Estate Bubble Set to Burst Again in India" by MANOJa, there have been 2 post(s) to this thread, the last poster was Bharatiya.

https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india

These following posts were made to the thread:

https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india

Posted by: jaijai

On: April 25 2018 05:17 PM

[QUOTE=Bharatiya;n2595267]So supporters of Demonetization have come back to tell how great Indian economy is doing. They continue to live in their own world. In their world, they see India transforming into China!! India's Power sector is one of the most stressed sectors in economy. New terms like India becoming a Power Surplus nation is being invented to fool people. To show that India is producing a lot of power & problem is only in distribution. Read this article to understand the terminology of power Surplus. [url="https://www.hindustantimes.com/columns/dark-clouds-hover-over-power-surplus-india/story-0aLMcgchtBvkvT0d7ie12L.html"]https://www.hindustantimes.com/columns/dark-clouds-hover-over-power-surplus-india/story-0aLMcgchtBvkvT0d7ie12L.html[/url] They give electricity to few households in village for few hours a day & declare entire village as electrified. They omit 45 million households from Power needs & calculate demand for electricity per household for 8 hours a day & on its basis declare that India is power Surplus. Meanwhile State electricity Boards have accumulated 4 Lakh crore of debt!! Many Private sector Players in power sectors have defaulted and become NPAs. They have just abandoned the power plants & they are lying vacant.[/QUOTE]Power surplus means more power than demand at this stage. What's wrong with this definition? No one is saying that all challenges in power sector are over. But isn't an achievement that we have progressed from power deficit to power surplus? If demand increases, the supply will also increase. But what's the point in producing more power than demand at any point of time when power cannot be stored? The article is informative and politically neutral but you are selectivley picking and distorting the message to gain political points.

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india

Posted by: Bharatiya

On: April 26 2018 04:29 AM

[QUOTE=jaijai;n2595362]Power surplus means more power than demand at this stage. What's wrong with this definition? No one is saying that all challenges in power sector are over. But isn't an achievement that we have progressed from power deficit to power surplus? If demand increases, the supply will also increase. But what's the point in producing more power than demand at any point of time when power cannot be stored? The article is informative and politically neutral but you are selectivley picking and distorting the message to gain political points. [/QUOTE] Suppose a State with 1 million population produces 10k kg of wheat. the state actually has a wheat deficit and many people do not get their rations. But i can nudge with statistics to make the State a wheat Surplus. I can simply say that 500,000 people don't consume wheat, they only eat rice. I can reduce ration Quota of rest of 500,000 population by 50%. result. I will make the State as Wheat Surplus!! While actually there is excessive Demand of wheat and State is facing a shortfall. But statistically, the state is in wheat surplus. That's the kind of jugglery that's used. Just omit 45 million households from Power needs. Just calculate power demands based on limited electricity supply specially in rural India for few hours a day only. That way you are artificially concealing demand for electricity. I make this country food grain surplus, water surplus, Oil & Gas surplus, essential services surplus prosperous country overnight by juggling numbers.

With warm regards,
Team IREF

With warm regards,

Team IREF

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