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EQ Saturday Sapience #77
Equity Intelligence 27th July 2024
Can Aadhaar 2.0 sow the seeds of economic prosperity for kisans and kiranas? China can’t evade the Iron laws of economics, How one bad CrowdStrike update crashed the world’s computers, India Economic Survey 2023-24 outlines several ingredients for sustaining significant growth of the Indian economy.
- The government aims to expand the use of Digital Public Infrastructure (DPI) to various sectors, including agriculture, e-commerce, and MSMEs. While DPI has saved the government billions of rupees, its potential to improve economic efficiency remains uncertain… Read more
- Up to now, China has relied on a “high debt, high leverage, high turnover” model that created rapid growth based on enormous levels of fixed investment in infrastructure and housing. That system is flaming out… Read more
- A defective CrowdStrike update sent computers around the globe into a reboot death spiral, taking down air travel, hospitals, banks, and more with it. Here’s how that’s possible… Read more
- In the Economic Survey for 2023-24, tabled in the Parliament on Monday, the government identified several ingredients to ensure significant growth that will also have a trickle-down effect. The priorities range from job creation to firing up foreign trade. Here’s what 6 of those key ingredients look like… Read more
- "View investing not as a science, but an art form. Constantly keep in mind that it is better to be generally correct than precisely wrong." —Bennett Goodspeed