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Arvind Virmani
@dravirmani
Policy Reform for Inclusive Growth (Objective: Developed Country 2050), National Security Doctrine (Goal: Great Power 2040).
Indiasites.google.com/site/drarvindv…Joined November 2011

Arvind Virmani’s Tweets

As most social indicators are highly corelated with PCGDP, our rank on any social indicator in 2019 must be compared to the 127 rank in PCGDP, to see whether we are doing worse or better [Will update, as soon as WDI (source) data for 2021 is available]
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This song proves that CCP leader Xi Jinping has already determined to become “the Father of the World”. The part of this song says: “China’s father Xi Jinping, the world’s father Xi Jinping.” If you decide to stay silent about the Uyghurs’ loss today,it can be your turn tomorrow.
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JUST POSTED: The Chinese Communist Party elite have a huge financial stake in Hong Kong. Relatives of 3 of the top 4 CCP leaders have luxury real estate there worth at least $51m (actually worth far more), a NYT investigation shows. By and me.
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2/fta The only hopeful sign is the wake-up call the #EU has received from the Russian invasion of Ukraine, a shocking horror they never imagined in their worst nightmares. To the extent it creates a better understanding of the China threat, it will facilitate a CEPA with India.
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"I think the most interesting thing happening in China right now is not that the yuan's moving and not that the economy's slowing," @ChinaBeigeBook CEO Leland Miller says. "It's that everything that's happening right now, we knew... weeks ago." finance.yahoo.com
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#TeamEffort" which succeeded because #Australia has made a big strategic bet on #India. We should not be under any illusion that #EU or #USA are ready to make the same big economic bet!
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Australia's former prime minister @HonTonyAbbott calls the free trade agreement (FTA) between New Delhi and Canberra "a great team effort" on both sides, says Prime Minister @narendramodi was very enthusiastic about the deal Watch his exclusive conversation with WION's @sidhant
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2/Lde if anyone thinks that monetary policy loosening has any effect on an economy in lockdown😳, they need to download & read the 2020 research papers on pandemic economics
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The People's Bank of China said it would cut the foreign exchange reserve requirement ratio by 100 bps to 8% beginning May 15, to "improve financial institutions' ability to use foreign exchange funds" #PeoplesBankofChina #China #Chinesestocks mybs.in/2aupYiY
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This has been quite apparent since #USA imposed sanctions on #Russia & started organizing weapons supply to #Ukraine. To see, "#Russia #Weakened" seems a modest but achievable goal!
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Extraordinarily aggressive statement by the US Secretary of Defense: "America's goals for success" in Ukraine is to "see Russia weakened". To Russia this confirms 2 things: a) this is a proxy war against the US (duh!) and b) it's existential that they do not lose this.
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To use the classic quote from Mad Magazine front page: "What, me worry?"
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"The spreading lockdowns have investors worried that Xi is sacrificing the Communist Party’s reputation for pragmatic economic management to defend a political narrative that portrays him as the world’s most successful virus-fighter" bloomberg.com/news/articles/
Whats the difference between #Scientific #Method and Ideology: #SciMe first the data/facts, second the analysis, finally the policy/views. #Ideology: First the views, then the policy, third the analysis, and finally the data/facts
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3 Indian economists produced a 'working paper', not endorsed by the IMF, claiming extreme poverty in India dropped below 1%. Plain & Simple: Falsehood. NITI Ayog multidimensional poverty index shows horrifying levels of poverty in large parts of India. scroll.in/article/102232
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As we showed in a series of research papers in 2020, a lockdown is both a supply & demand shock, which fragments markets, creating different supply-demand imbalances in diff industries & geographies, which manifest as inflation+deflation, after lockdown is lifted
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If the world wanted an "anti-inflationary" shock after Ukraine's inflationary one, #China's #Omicron should -in principle - be a great one since it equates to collapsing demand. The slight problem, however, is that nearly 1/3 of intermediate goods are exported from China.🧐🤔😅
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This is like comparing a fire which burnt down Chandni Chowk in Delhi (or Adams Morgan in Washington DC), with a cooking gas explosion which blew out the walls of one apartment & damaged the apartments below & above it. 🧐
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Mohammed Suhalin was 16 when his house was demolished, Razia Begum’s brother died in her arms as police opened fire at Turkman Gate. For displaced residents of Turkman Gate, Jahangirpuri is a flashback to 1976 horror... @revathii95 & Pooja Kher report youtu.be/Hf8M-3sS-C4
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2/const The 42nd amendment also added the words, “#secular, #socialist” to the #preamble of the constitution. We have a choice: accept the 42nd amendment as legit or junk the whole thing as an emergency era imposition! Which do you prefer?
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Incidentally, Fundamental Duties were inspired by the constitution of the USSR (now Russia) and added by the Constitution (42nd Amendment) Act, 1976. During the initial drafting, fundamental duties were not part of the Constitution of India. #India #Russia #FundamentalDuties twitter.com/Geeta_Mohan/st…
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#HHRCs❤️: More power to “Hypocritical😎 Human Rights Crusaders😇💕
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While India has been pulled up for its ties with Russia including limited energy sales Germany, and at least 10 other European nations sold £230million worth of military hardware and defensive kits to Moscow, alleged a media report. economictimes.indiatimes.com/news/defence/e
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8/Niti Decades ago I suggested to the then Deputy Chairman of the Planning Commission that it (PlanCom - PC) should become a repository of successful economic policies & development practices in India. Happy to see that its been achieved by 16 years after I left it👏🏽👍🏽
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To collect & document the #bestpractices adopted by farmers across 🇮🇳India, #NITIAayog today released the Compendium of Natural Farming Success Stories in Hindi and English. The compendium comprises 110 success stories across 13 states!👇 Read here: niti.gov.in/compendium-nat
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On the occasion of the 33rd birthday anniversary of 11th Panchen Lama Gedhun Choekyi Nyima, the Department of Information and International Relations issues a statement calling for release of Panchen Lama and his family. #25April #PanchenLama
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Space-based ground moving target indicator (GMTI) is an important component for successful counterforce against an adversary with land-based mobile missiles. US has some declared capability in this area though full extent remains unclear.
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It seems space-based GMTI exists. But can it offer persistent coverage? Maybe. But I don't know how. "Per the FY19 and FY21 NDAA the SecDef certified that a spaced based Ground Movement Tracking Indicator (GMTI) capability exists to meet the Combatant Commanders Requirements."
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Those who keep urging India to join RCEP, should reflect on👇🏼. #RCEP doesn't cover #NTBs which effect India!
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LATEST: Palm oil jumps almost 5% after top producer Indonesia said it would ban all exports of cooking oil, a move that threatens to worsen global food inflation trib.al/pA7XMy6
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If #France agrees to help #India with SSN reactor design and jet engine technology, France could become India's top defence partner within 5 years (above USA & Russia). Deep integration of Indian & French Defence industries would follow (A Fr-India-Germany #Triad cld b explored)
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Narendra Modi heading to Europe in early May to see both Macron and Scholtz. Submarines and jet engines likely on the agenda in Paris. hindustantimes.com/india-news/pri
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98/rus As Global Oil-gas supply chains will take a few yrs to adjust to the new European order, energy prices will decline slowly; A nuclear deal, which lifts sanctions on Iranian oil, could however reduce oil prices rapidly! Defence supply chain disruptions will increase w time
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🧵on Spike NLOS missile
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- Mi-17s with 30-km range Spike NLOS missile. - Thread⬇️ - 1st, wrong to portray this as simply an anti-tank missile. - With 30-km range, this is a stand-off, precision guided munition which can be used against an array of high-value targets + indiatoday.in/defence/story/
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