Hey daily briefers always wondered how the most basic commodity in our household—Milk ( dairy sector) works
Few aspects could be
1. How prices to packed milk kept stable generally for extended time?
2. How sector is organised like private firms vs neighbourhood milkman vs cooperatives
3. Which states work better in this domain ?
4. Business model like how they manage supply chain, seasonal cycles of milk production (surplus/scarce) & consumer demand management
5. Last year govt launched white revolution 2.0 - what it try solve & how it builds on earlier revolution by Dr Kurien
6. What else is needed in dairy sector
7. I have seen earlier episodes on how players like Amul pushing for protein enriched products—where would you place such new trends in dairy sector + are there any new trends
8. Finally RBI says farmer earn 70 paise for every consumer ₹1 & in context of India aa largest milk producer in world—what bottlenecks farmers face in fodder, productivity, market integration etc despite higher earnings
As for Carney, as Scott Bessant said; its has a GDP about the size of Texas state, a glorified police force for an army and enough regulation to put the EU to shame -that your Middle Power; ambition as usual uncorrelated with ability.
Notwithstanding Canada's own place in the world, Carney was right in the context of the state of the world. It's why Canada slashed tariffs on Chinese EV imports.
I think the press is taking literally the speeches made at Davos; these speeches are not meant to be word for word accurate; they are generalizations which are largely true; give or take. Take Europe's battery capacity; compared to the scale required to maintain a renewables-dominant grid it is true that they have almost no capacity. Take the UK as an example of this, in its rush to net zero. Its like signing MOUs- almost meaningless -someone should study how many MOUs were converted into hard cash real investment. As for China, a one party dictatorship, with a managed currency and zero transparency; if you want to take a punt on China than thats up to you -the risks are immense.
Hey Abhay, only the "Europe making / not making batteries" is literal. As far as the other claims (particularly the one on energy dependency) go, Europe's reaction to Lutnick / Trump is pretty telling. It wasn't long ago when we saw that photo of major EU statespeople in the White House looking utterly defeated in front of Trump. In light of that, viewing the US almost as much of a risk as China may not be far-fetched for them. They're already there.
You are interpreting a photograph as evidence that the EU views the US as a country risk at the same level as China! The EU is more dependent on the US than vice versa; as their largest export market, investment destination and their military umbrella (as the Head of Nato Rutte said they have no military capability without the US) Well, given this, betting on China, a closed military dictatorship, is probably not a good idea. In your own brief on solar this is what you said about China " And China is many things, but it is not a reliable trade partner. " This applies to the EU too.
Hence why I said "almost". This is not to argue that one is better than the other. But it is saying that in the EU's view, they're both extremely bad alternatives (and there have certainly been hints of regret in the EU's military dependence on the US). The only difference for them is who's worse.
Of course, they could also hedge their approaches to the US and China with each other (which is something India, a famously non-aligned nation, is also trying to do).
Hey daily briefers always wondered how the most basic commodity in our household—Milk ( dairy sector) works
Few aspects could be
1. How prices to packed milk kept stable generally for extended time?
2. How sector is organised like private firms vs neighbourhood milkman vs cooperatives
3. Which states work better in this domain ?
4. Business model like how they manage supply chain, seasonal cycles of milk production (surplus/scarce) & consumer demand management
5. Last year govt launched white revolution 2.0 - what it try solve & how it builds on earlier revolution by Dr Kurien
6. What else is needed in dairy sector
7. I have seen earlier episodes on how players like Amul pushing for protein enriched products—where would you place such new trends in dairy sector + are there any new trends
8. Finally RBI says farmer earn 70 paise for every consumer ₹1 & in context of India aa largest milk producer in world—what bottlenecks farmers face in fodder, productivity, market integration etc despite higher earnings
Ooooh, thanks for suggesting!
I have written about the dairy sector on The Daily Brief before but these are interesting set of questions that we haven’t answered.
We’ll cover this in a piece soon :)
Keep suggesting 😀
Really juciest stuff... exciting times ahead 👍
😀
As for Carney, as Scott Bessant said; its has a GDP about the size of Texas state, a glorified police force for an army and enough regulation to put the EU to shame -that your Middle Power; ambition as usual uncorrelated with ability.
Notwithstanding Canada's own place in the world, Carney was right in the context of the state of the world. It's why Canada slashed tariffs on Chinese EV imports.
Great article Krishna....
Have a read of this: https://catherinemcbride.substack.com/p/trumps-new-trade-rules
Canada is limited by what it can do as long as its signed up to the USMCA.
I think the press is taking literally the speeches made at Davos; these speeches are not meant to be word for word accurate; they are generalizations which are largely true; give or take. Take Europe's battery capacity; compared to the scale required to maintain a renewables-dominant grid it is true that they have almost no capacity. Take the UK as an example of this, in its rush to net zero. Its like signing MOUs- almost meaningless -someone should study how many MOUs were converted into hard cash real investment. As for China, a one party dictatorship, with a managed currency and zero transparency; if you want to take a punt on China than thats up to you -the risks are immense.
Hey Abhay, only the "Europe making / not making batteries" is literal. As far as the other claims (particularly the one on energy dependency) go, Europe's reaction to Lutnick / Trump is pretty telling. It wasn't long ago when we saw that photo of major EU statespeople in the White House looking utterly defeated in front of Trump. In light of that, viewing the US almost as much of a risk as China may not be far-fetched for them. They're already there.
You are interpreting a photograph as evidence that the EU views the US as a country risk at the same level as China! The EU is more dependent on the US than vice versa; as their largest export market, investment destination and their military umbrella (as the Head of Nato Rutte said they have no military capability without the US) Well, given this, betting on China, a closed military dictatorship, is probably not a good idea. In your own brief on solar this is what you said about China " And China is many things, but it is not a reliable trade partner. " This applies to the EU too.
Hence why I said "almost". This is not to argue that one is better than the other. But it is saying that in the EU's view, they're both extremely bad alternatives (and there have certainly been hints of regret in the EU's military dependence on the US). The only difference for them is who's worse.
Of course, they could also hedge their approaches to the US and China with each other (which is something India, a famously non-aligned nation, is also trying to do).
You guys are doing excellent work. I enjoy reading your contributions; you should, if you haven't already, look at this opportunity. We need more fact-based analysis about economic issues facing the country. https://srajagopalan.substack.com/p/announcing-the-1991-fellowship?publication_id=1181507&post_id=185032479&isFreemail=true&r=3c4h6&triedRedirect=true
This is the correct link: https://www.mercatus.org/1991-fellowship
Thank you! Some of us in the team read Shruti Rajagopalan's work quite diligently, too :)