Transfin. Podcast E11: Spend, Charge, Surplus

 

We like to talk Business and Finance. Figured we should do it for a living.  

 

While wondering about the Singles' Day, we talk of:

 

Myth of the Great Indian Middle Class**

 
China recently celebrated the 'Singles' Day on 11th of November with massive offers by Alibaba gathering over $30.8bn sales for the e-commerce website. The figure significantly outnumbers the sales in India, primarily aimed at the "middle" class - a segment which has Businesses, policy makers and entrepreneurs pre-occupied. Today we discuss what "middle" class really means and how much really is their spending appetite.
 
 
 
The Policy Charging Up India's Electric Vehicles (EV)
 
 
The Minister of Road Transport and Highways, Nitin Gadkari envisages a complete shift from a conventional, fuel-based model to EVs by 2030. Of late, there has been a lot of noise around the development of charging infrastructure of EV, a key constituent in the transition of India to a EV ecosystem. Discussing how a relevant framework can provide EV with the much-needed fillip. 
 
 
What Constitutes RBI's 'Surplus' and Why is it Important?
 
In August, RBI paid out a INR50,000cr dividend to the Centre; Government saw this as an inadequate amount, and requested for a much higher pay-out. The question of how much 'surplus' the RBI should retain has become a bone of contention. Debating on what constitutes 'surplus'.
 
 
**References: 
- RBI's Annual Report 2017-2018 (pg. 202) 
- "India’s missing middle class", published in The Economist
 
 
 
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