Navaneeth M S

Glad to have presented our Green Growth Index at #ClimateFinanceAsia session held at Global Green Growth Institute, South Korea. The novel Index aims to track performance across economic, social and environmental indicators @just_ismailing @sksahuiitm @gggi_hq

@mvallamp @masaaihaara x.com/Andr3jH/status… This is not a parody. Most of the postmodernism/deconstruction folks are like this

@msnavaneet @masaaihaara So the resentment of the tech diaspora and the dhandho maxing Gujju hotel owners. How dare we come to the US/UK and be successful which was only for them in the 70s and 80s? 2/2

post-modernism and existentialism, has done irreparable damage to Indian academia which neoliberalism simply accelerated— one of the reasons you see Iranian academics in polity and power, while Indian academics are fighting sexual harassment allegations

made my computer dramatically play BBC news music before every meeting

@rohitshinde121 Curious, how does one correct for under-reporting?

Have you seen the homicide rate in Mexico and Latin America? India is an order of magnitude lower. And yes, this is after correcting for under-reporting - which is very easy to do for homicides specifically.

Part 1: dvararesearch.com/mapping-indias… Part 2: dvararesearch.com/heterogeneity-…

India’s MSME sector is dominated by nano-enterprises with over 80% having below ₹10 lakh turnover, reflecting a fragmented, low-scale base. Read more about the same in our two-part blog series (links below) using ASUSE 2023–24 data with @shreenandan07. @dvararesearch

One of my professors would cite this witticism by the Cambridge economist Denis Robertson: "High-brow opinion is like a hunted hare; if you stand in the same place, or nearly the same place, it can be relied upon to come round to you in a circle."

I write about the most surreal TV I had watched in recent times here: msnavaneeth.substack.com/p/twin-is-this…

Almost 10 tweets on introspection in 2 days despite the claim of having zero introspection.....

When are tech folk going to get that people like wasting time, it's life. They don't optimize for efficiency, they try to get by, they watch dumb stuff, they enjoy shopping. Inefficiency is another work for living and life. Your m mean and median job isn't a software engineer in Menlo Park, it's Ashley in accounts in a not for profit in Columbus, it's Jesse , the office manager for a tool rental business in Tallahassee, they are more likely to use a Fax machine than Slack. They quite like meetings because they like chatting, they'll use AI to make a better invite to their baby shower, not agentify their job. These people, nor their bosses boss, aren't in a rush to build software as a side hustle, they are keen to use AI to check if their vet is overcharging them. They'd like AI to check spelling on the email to the school governor. They don't want agentic commerce, they want AI to be in the background and make living a little less stressful

Malayalis had this and then decided to emigrate to Saudi Arabia.

@nlasl18 With maintenance, houses can easily last more than that

Don't listen to this bullshit. Get your own land and a house. The house goes after 70-80 years, kids will still have a very valuable land. Don't smoke that money on some 10th floor apartment. Gated community with an independent house maybe. Certainly not a flat.

if you don't actively shape the life you desire each day, you'll eventually wake up to find that years have slipped by unnoticed

@sharmaeconomics I don't think anything exists in India other than some pub pol electives offered

Yup, and good recos on mpp? Was thinking of an mba x mpp

Libertarian until the state starts disappearing people, then suddenly it’s ‘efficient governance’ 😭

@sharmaeconomics @Puyangan5 Do you have link to that critique?

Swaraj. But there was a good technical critique (deflator) by @Puyangan5 as well. If being right from day 1 is a thing, they should be #1 on the list

Today's growth estimates and GDP base year revisions results summary FY26 - 7.6 real and 8.6 nominal FY25 - 7.1 (against 6.5%) and 9.7 (against 9.8) FY24 - 7.2 (against 9.2) and 11 (against 12) - As for base year revisions, many expected nominal GDP to expand but it shrunk by around Rs 12 lac cr in FY26 estimates - Earlier Nominal GDP was expected to be Rs 357 lac cr in FY26, now estimated at Rs 345.47 lac cr... this is close to 3.3% fall in size... Little bit surprised but not shocked - In $ terms, this is close to $3.9+ trn, marginally below $4 trn, unless of course Q3 and Q4 of FY26 do better than expected in May provisional estimates, which can happen - We will surpass Japan 2 years late in FY28 and Germany by 4 years in FY30, instead of FY27 and FY29... unless of course there is change in dollar strength against respective currencies and also Japan and Germany grow slower than expected... and will cross $5 trn by early FY29 What these numbers mean effectively? - When seen with above growth numbers, it means that while there has been positive recovery trend growth of over 7% consistently, extent of recovery has been somewhat lower than estimated earlier - Shrunken size of nominal GDP also means that stress on both Centre and State budgeting as it puts stress on metrics like Debt/GDP and fiscal deficit... so this means even lesser room for freebies - This is in a way good as coming clean on all the data with more robust indicators means that the state of the economy is very clean and now everyone knows the what to spend, where to spend and how to spend... This is a bit like how govt came clean on budget numbers, especially off budget borrowings, since FY21 budget - Now all data metrics across economic departments are clean and transparent... now anyone dare to accuse govt of data fraud, fudging or manipulation... with 2027 Census, this data will be clean even on socio-economic parameters - coming 360 degrees clean on all data metrics — from budgeting to economic metrics to socio-economic metrics — in itself is a big reform, which previous govts didn't do - Post pandemic, while real growth for almost all years seem to be estimated well except FY24 when it was overestimated way high - also deflator seem to be persistently lower than estimated since the pandemic; inflation was overestimated... this also means while Indian growth has been fine, it has been tracking consistently below potential... indicating slack in the economy - when seen in combination with new CPI series data, economy has formalised a lot... and the size of informal economy was overestimated in the old series - This also means RBI monetary policy didn't reflect the increasing formalisation of the economy, thereby, causing expensive credit costs and slack in the formal economy - RBI needs to cut more 50 bps rates like yesterday looking at the economic slack in this data Compared to old series, in the new series: - The share of Primary Sector expanded as Agri, livestock, forestry and fishing expanded by 6.9% in FY23, 4.9% in FY24 and 3.8% in FY25, and mining and quarrying shrunk by 0.9% in FY23, expanded by 1.1% in FY24 and 5.9% in FY25... this doesn't mean informal economy expanded... a lot of agri et al is formal now - In the tertiary sector, Financial services, Real estate, Ownership of dwelling & Professional services expanded by 7.5% in FY23, 6.9% in FY24 and 9.7% in FY25 - Rest all industries in both secondary and tertiary sector shrunk significantly compared to Old series, which you can see in the picture below - Private Final Consumption Expenditure (PFCE) did worse than expected as it shrunk relative to old series in FY23, FY24 and FY25, indicating poor demand and major slack - Government Final Consumption Expenditure (GFCE) and Gross Fixed Capital Formation (GFCF) did better than expected as their share expanded... GFCE expanded in FY23, shrunk in FY24 marginally and expanded in FY25... GFCF expanded in FY23, FY24 and FY25 relative to old series

@pranav_so You mean 1.5 yrs?

i still have about 450 days till i graduate, incredible times really

Congrats to the @dvararesearch team for this fantastic portfolio of action research to improve customer protection outcomes.

@watertyp3 Assistant to the regional manager type

what’s a chief of staff intern