pancyrus

882 posts

pancyrus

pancyrus

@pancyrus2

Katılım Nisan 2024
22 Takip Edilen9 Takipçiler
pancyrus
pancyrus@pancyrus2·
@Pratyush6589931 @TimeDecoded @IndianTechGuide There are myriad drugs that are available to, say, North Americans and Europeans that aren't available in India. So it absolutely has happened. People don't know what they haven't even experienced, so it seems like it hasn't happened.
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Indian Tech & Infra
Indian Tech & Infra@IndianTechGuide·
🚨 The popular diabetes drug now costs ₹3,000 in India after patent expiry vs ₹11,000 earlier.
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Indian Tech & Infra
Indian Tech & Infra@IndianTechGuide·
🚨 Alakh Pandey, once a college dropout, is now India’s youngest billionaire at just 33. 🙏 Growing up in Prayagraj in Uttar Pradesh, he started teaching early, offering private tuitions while he was still in school. In 2014, he started a YouTube channel, “Physics Wallah-Alakh Pandey," offering free physics lessons. Then the startup PhysicsWallah came into existence.
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pancyrus
pancyrus@pancyrus2·
@scitemper @IndianTechGuide Yeah, but it's still like $8.5/mo for 1M views. Even if I got 100M views per month, that's only $850/mo. Very low returns.
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pancyrus
pancyrus@pancyrus2·
@scitemper @IndianTechGuide I got frustrated with X limiting my post length, since I usually post about stuff that's longer in length. But I haven't considered making money with it, no. It seems like the payouts are quite low, no?
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pancyrus
pancyrus@pancyrus2·
There's a "Basic" tier of Premium where you get to write longer posts and edit your posts after posting them (within a certain time frame), but not a blue tick. I have that tier instead of the "Premium Premium" tier (which you have), and then there's also Premium+ which is even more expensive.
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pancyrus
pancyrus@pancyrus2·
@scitemper @IndianTechGuide Lol. I have premium; just not a blue tick. They're separate payment tiers now (i.e., since Elon bought Twitter and made it X).
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Rishabh
Rishabh@scitemper·
@pancyrus2 @IndianTechGuide first of all tell me how are you able to post this long reply without premium ? i think only 250 words are allowed for free users.
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pancyrus
pancyrus@pancyrus2·
It isn't overstated in the slightest. Most schools in India are of putrid quality, and even the ones that are supposedly "highly ranked" are barely passable. Kids don't learn anything, and are just taught to rotely memorize stuff. As for coaching needed from Class 1, I'd argue that it is because kids don't learn anything. The reason you seem to think it's "not needed" is because people seem to think school doesn't matter that much (relatively, at least) compared to tertiary education (college/university), which in their minds matters a lot (because it's the step right before entering the labour force). What they don't realize is that secondary education (up until high school / "intermediate") is supposed to be enough for most jobs in a healthy economy, while tertiary education being reserved only for people who actually are very interested in studies and want to do research or get into applied sciences. Because schools are horrible, kids don't learn anything useful, and the job market doesn't hire them and tells them to "get more educated". So, they go one level above by doing a bachelor's. But of course, everyone is doing a bachelor's now, so even that got diluted (and they aren't teaching anything useful there either). So, the proverbial can is kicked down the road to master's, and people have to do their master's degree to be "anybody" these days. And a PhD, etc. And even then, you have people with master's and PhD degrees cleaning toilets in many places. In terms of seats getting filled, well...yes. Do we have data on how many people studied on their own and qualified for the IITs? Because I'd hazard a guess that it'd barely be 18k. And mind you, that's assuming those "self-taught" people didn't go out and buy IIT-specific books and what not (which still is part of the "coaching industry", as you like to call it). If people were just going about their regular schooling and went and wrote the IIT entrance test, how many people would pass? That's the real question.
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Rishabh
Rishabh@scitemper·
Your point about weak schools driving coaching demand is partially valid, but overstated. Without coaching, IIT seats (~18k) would still fill 100%—around 54k+ students qualified in 2025, vs only 18k seats. Coaching just decides who gets selected, their aim is not to fill the seats. If schools are so bad, why isn’t coaching needed from Class 1? The aggressive marketing & fear-mongering in 11th-12th creates artificial demand. Talent grows naturally—top students crack it via self-study even today. A lot of news we hear where a poor students does self study and got selected without these so called coaching. Are you seriously saying seats won’t fill without coaching? Data says otherwise.
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pancyrus
pancyrus@pancyrus2·
The price of the dollar in rupees is at an all-time high, but the value of the rupee is at an all-time low. Agreed, but this sort of is all too common in India: people say "lesser", "5 lakhs", "5 crores", "revert back", etc. So it's hardly the only thing that needs to be freaked out about.
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Arasu
Arasu@Arasu2021·
@IndianTechGuide Dude who's the handler of this @IndianTechGuide? Rupee is at an all time low against dollar not all time high, get some knowledge before you post some facts, other wise it's just BS
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Indian Tech & Infra
Indian Tech & Infra@IndianTechGuide·
🚨 Indian rupee against US dollar is at all-time high. 🙏
Indian Tech & Infra tweet media
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pancyrus
pancyrus@pancyrus2·
@Durgaprasa4259 @IndianTechGuide @grok The easiest way is to get rid of income tax and to remove stupid rules for businesses, but the government won't do it because it would lose a large chunk of its income source for lining the pockets of politicians and bureaucrats.
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Indian Info Lead 🇮🇳
Indian Info Lead 🇮🇳@Indianinfolead·
The real story here isn't just the exchange rate; it’s the $111 Brent Crude price. Since India imports the bulk of its energy, a weak Rupee + high Oil is a double whammy for inflation. We might see the impact at petrol pumps and in logistics costs sooner than we'd like. High time we accelerate our transition to green energy to decouple from this volatility!
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pancyrus
pancyrus@pancyrus2·
@TheSincereDude @IndianTechGuide Whereas if they removed income tax and/or reduced red tape / removed nonsensical rules getting in the way of business, this trend could've been resisted essentially for "free". When will the government learn?
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pancyrus
pancyrus@pancyrus2·
Yeah, but the whole point of this thread is that these drugs were inaccessible to the vast majority of people in India (~95%). Obviously, I don't know the calculus of these companies regarding whether that 5% is enough to give them enough of a profit for how-many-ever years to only have your technology stolen from you afterward, but I'd say it's frequent enough to tip the scales towards "let's not invest" more than a few times.
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TimeDecoded
TimeDecoded@TimeDecoded·
@pancyrus2 @IndianTechGuide Fair point but history proves otherwise. After India's 2001 victory, pharmaceutical companies didn't leave. They adapted. Today India is their second largest market. Companies always follow billions of customers. The threat to leave never survives contact with profit.
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Indian Tech & Infra
Indian Tech & Infra@IndianTechGuide·
🚨 PM Modi will inaugurate India’s largest greenfield airport in Noida on March 28.
Indian Tech & Infra tweet media
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pancyrus
pancyrus@pancyrus2·
It's not about trying; it's about whether your attempt is enough to get you in. Yes, literally anyone can try, but what are the chances of them getting in? Someone off the street trying for one of these exams and someone who is in the field will have vastly different chances. And seeing as people feel like their normal schools/colleges/universities aren't teaching them anything, they're resorting to coaching centres. So it absolutely adds value to the economy. In fact, in a world where coaching centres don't exist, India's population would be essentially useless (as compared to being quite putrid in the status quo) because they wouldn't learn anything in school and they wouldn't have another option to resort to to learn what they need to learn. I think your gripe with coaching centres is misplaced, and needs to be directed at the fact that teachers in actual schools & other educational institutions are largely useless. If they were good at their jobs, then the demand for coaching centres wouldn't even exist.
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Rishabh
Rishabh@scitemper·
@pancyrus2 @IndianTechGuide When did i said others shouldn't try , its just that you do not need coaching to try ? Coaching adds nothing to the economy , contrary to this it harms the economy.
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Varun Guru
Varun Guru@iamvarunguru·
@IndianTechGuide This is cool. But here's this Indian startup called Liger Mobility that did the same thing 6 years back.
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Indian Tech & Infra
Indian Tech & Infra@IndianTechGuide·
🚨 China is testing self-driving electric scooters with features like auto-balance. 🙏
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pancyrus
pancyrus@pancyrus2·
"How Alakh Pandey is harming Indian economy" is not a question, but a statement; it shouldn't have a question mark at the end. If it were to be made into a question, it needs to be "How *is* Alakh Pandey harming Indian economy?" Also, it's not "Indian economy", but "*the* Indian economy". AI/Google is your friend to get better at grammar.
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pancyrus
pancyrus@pancyrus2·
@scitemper @IndianTechGuide Obviously, it is for people who'd like to be the few people who get into those fixed number of seats. Everything in life and in economics has fixed resources; does that mean nobody should try to improve or get ahead because someone else will always be there fulfil the demand?
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Rishabh
Rishabh@scitemper·
@IndianTechGuide Coaching is not an Industry. There is artificial demand of it. It harms the economy. Millions of student are preparing and wasting their precious time 4,5 years for fix number of seats , which will be still fulfilled without coaching industry.
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