r/indianeconomy

Why is India importing sugar duty-free after nearly a decade? Festival demand or ethanol?

Why is India importing sugar duty-free after nearly a decade? Festival demand or ethanol?

India is allowing 1 million tonnes of raw sugar to be imported duty-free, apparently for the first time in nearly a decade.

What caught my attention is the timing. Sugar prices have risen sharply, and the import window runs until October 31 — right around the major festive season.

So I'm wondering:

Is this mainly because festival demand is expected to push consumption higher, or has sugarcane diversion towards ethanol also contributed significantly to the current shortage?

Would be interested to hear from people who understand the sugar/ethanol industry better. What do you think is the bigger reason?

u/candominds — 17 hours ago

What changes can make India a stronger, better, and more developed nation?

India has a lot of potential, but becoming a better country isn’t just about economic growth. Better education and healthcare, more jobs, cleaner cities, safer public spaces, less corruption, and better infrastructure can make a real difference. At the same time, we as citizens also need to do our part. What changes do you think India needs the most?

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u/anonymous_0567 — 1 day ago

Rubber Prices in India Might Rise on International Market Effect

Recent developments in international markets indicate the likelihood of rubber prices rising in India.

Styrene prices have moved up in China to around Yuan 8,847/MT due to rising crude oil prices. Also, natural rubber prices in China have gone up to around Yuan 17,357/MT.

As Styrene is imported in India, higher prices in international markets means higher landed costs of imports, increasing production costs for Indian rubber producers. As a result, they might increase their prices.

Currently, ex-works prices of NBR are within INR 209-219/KG.

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u/ibn4u — 2 days ago
▲ 308 r/indianeconomy+1 crossposts

India vs China: How the per-capita income gap changed

India's GDP per capita was slightly higher than China's in 1990. By 2025, China's had grown to about 5.1× India's.

Source

u/Prosperr_support — 5 days ago

Indian gross GDP only increased by 2 trillion from 2015 while US GDP grew by 12 trillion. So why should india be called the fastest growing major economy?

I know people will say it's all on % basis which considers s different baseline for both the countries but in order to get the fastest growing tag, at least the gap with the next largest economy should reduce. But here it's increasing!

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u/yedanapuddi — 5 days ago

Is the ₹15k average salary for Indian youth a skill issue or a structural economy problem?

A huge portion of freshers in India end up earning around ₹15,000/month, and I keep wondering what's really driving this. Is it mainly a skill issue where college degrees aren't teaching what the market actually needs, or is it a broader economic problem where high paying jobs are scarce and massive labor supply keeps wages low? Companies blame a lack of practical skills, but most new job openings seem to be in low-paying gig or service roles anyway. Do you think upskilling alone fixes this, or is the system just built to keep entry-level pay low?

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u/kingsmej — 4 days ago

why there are less forgieners in india, why we did it and why it will continue to be

see around the world observe other countries, you will not only see tourists but also Emigrants, Look at Argentina, brazil for example, more europeans, asians look to settle in these countries for retirment and living, look at america & Cananda- there entire country is made this way,
India doesnt want that, thats why we dont allow dual citezenship, and there is reason i beleive

the reason is colonisation, Just aafter independence we were scared that some gora chamdi wala madarchod may again come here, there companies may dominate and monopolise and we eventually turn down again like East india company did to us, to avoid that we kept our economy close, even till this day we restricted FDI upto 49% in a indian company so that no forgien entity may gain control

however these things are changing, looking at isrealy settleements in himachal where indians are not allowed, i realized how wise our law makers were

reddit.com
u/HyenaCool9661 — 5 days ago

Education spend as % of GDP

India's spend on education is terribly low, at about 3.5% of GDP. Some reports say it goes as low as 2.7% in reality. Unfortunate since in 1968, we had promised we would spend 6%.

While I have included some smaller economies (Bhutan and Nepal), and some big ones (US, Canada and the UK), I believe the real comparison is with China who we were equals with not that long ago.

u/East-Cheesecake-7944 — 5 days ago