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  1. Mar 2026
    1. funding for AI research in India seem to be forthcoming from private investors

      Extra section in the book which looks at the reasons for China's success in tech sovereignty and comparison with india: But DeepSeek was not a freak phenomenon, nor the result of an isolated drive by China in the field of AI. China has systematically developed capabilities and brought about innovations in a number of other fields, surpassing the US and Europe in the production of high-quality scientific papers; the Economist terms it a “scientific superpower.” In the field of industry, as a commentator observes, “China has developed multiple tech-industrial ecosystems that overlap in terms of the firms and technologies involved…. China’s strength across multiple overlapping industries creates a compounding effect for its industrial policy efforts.”⁹¹

      How this phenomenon emerged is a complex historical question requiring further study. In our view, it involves the legacy of sweeping social and political changes wrought in China in an earlier, socialist phase of its development; the impact of public expenditure on education and research in China’s later phase; the Chinese State machinery’s continued active regulation of private capitalists in the interest of sustained growth, thereby fostering a fiercely competitive environment in industry; and, partly as a result of all the above, the emergence of a breed of ambitious private entrepreneurs, often starting from scratch with very modest capital, but unwilling to be relegated to subordinate or dependent status in relation to the world’s dominant corporations. India’s development path, by contrast, has been marked by continuity and stagnation in property relations and social hierarchies; meagre State expenditures on education and research, with only a narrow section obtaining higher education of some quality; capture of State planning and regulatory institutions by private interests; and the persistence of a large capitalist class that emerged under colonial rule, drawn from a narrow social base and marked by a strong mercantile, rather than industrial, tendency. This different historical course helps explain the very different path followed and results achieved in technological development in China and India.

    1. .

      More from book: The RBI has recently indicated its intent to shift agricultural credit to digital lenders, by providing digital lenders access to borrowers’ financial and non-financial data “that otherwise reside in disparate silos”. In August 2024, the RBI Governor announced that the central bank was launching a technology platform, the Unified Lending Interface (ULI), to enable “frictionless credit”. This platform “facilitates seamless and consent based flow of digital information, including even land records of various states, from multiple data service providers to lenders. This cuts down the time taken for credit appraisal, especially for smaller and rural borrowers…. In sum, by digitising access to customer’s financial and non-financial data that otherwise resided in disparate silos, ULI is expected to cater to large unmet demand for credit across various sectors, particularly for agricultural and MSME [micro, small and medium enterprises] borrowers.”

    1. More than a hundred years ago in the US, with the establishment of a large railroad network in the late 19th century

      Too much of introduction and verbiage. Doesnt expand on the understanding.

    1. How, if at all, will the centralisation and portability of all the information address the well-known chronic health systems problems such as underfunding and shortage of human resources?

      It seems that the requirements of a National Health Insurance Scheme is been prioritised over public health systems.

    1. .

      Additional notes from the Book: In response to a writ petition, in 2023 the Supreme Court directed the Union government to ensure that at least the 80 million migrant workers registered on the Government’s e-Shram portal (the Ministry of Labour and Employment’s portal for unorganised workers) be given rations.¹³ Subsequently, the Union Government directed that all ration card holders must authenticate themselves by linking their Aadhaar with their ration cards; this is a process called ‘electronic know your customer’, or e-kyc. No clear framework has been created for this exercise, and ration card holders have been told by ration shop dealers that failing to carry out their e-kyc would result in them losing access to rations. Numerous migrant workers have had to rush home, spending thousands of rupees and losing wages, merely to digitally authenticate themselves. This process has resulted in many exclusions, including death.

    1. CLOSE FOOTNOTES#footnotes_container{ width: 20vw; height: 88vh; position: sticky; top: 80px; right: 0; visibility: hidden; overflow: auto; overflow-wrap: anywhere; scroll-behavior: smooth; overflow-wrap: break-word; } #footnotes_container :target{ font-weight: bold; } #footnotes_container { visibility: hidden; } #footnotes_container.visible { visibility: visible; } #footnotes_container:has(:target) { visibility: visible; overflow-wrap: anywhere; } .wp-block-footnotes li{ margin: 1.1em 0px 1.1em 0; font-size: 1em; } /* Footnote superscript styling */ .fn a{ font-weight: bold; text-decoration: none; color: #b74f22 } #close_footnotes_btn{ visibility: hidden; } @media (max-width: 1080px) { #footnotes_container{ position: fixed; z-index: 22; width: 100%; height: 50%; scroll-padding-top: 35px; top: 50%; padding: 20px 0 0 0 !important; backdrop-filter: blur(5px); /* Applies the blur */ -webkit-backdrop-filter: blur(10px); /* Safari support */ background-color: rgba(249, 245, 236, 0.6); } #toc_container{ display: none; } #footnotes_container:has(:target) #close_footnotes_btn{ visibility: visible; } #close_footnotes_btn { visibility: hidden; display: block; position: sticky; top: -20px; width: 100%; background: rgba(209, 205, 196, 0.6); backdrop-filter: inherit; -webkit-backdrop-filter: inherit; height: 30px; cursor: pointer; z-index: 13; } } /* When #close is targeted, hide the footnotes container */ body:has(#close:target) #footnotes_container #close_footnotes_btn{ visibility: hidden; }https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita , accessed April 30, 2024. The threshold for the top 10 per cent of incomes of adult Indians is Rs 2.91 lakh; the average income of all adults is Rs 2.35 lakh. Nitin Kumar Bharti, Lucas Chancel, Thomas Piketty and Anmol Somanchi, “Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj”, World Inequality Lab, March 2024. Officially, India is currently said to be growing at 7.6 per cent per year, the fastest growing major economy in the world. However, the new series of GDP, introduced in 2015, appears to be out of sync with other economic indicators. When the new series of GDP was introduced in 2015, reservations were expressed by the RBI itself (Ishan Bakshi, Arup Roychoudhury, “Statistics ministry rebuts RBI’s doubts over new GDP series”, Business Standard, May 2, 2015), and the Government’s own Economic Survey 2016-17, vol. 2, p. 27., indirectly questioned the credibility of the new series. The new series’ methodology has been questioned on various grounds by different economists; see, for example, Arvind Subramanian, “India’s GDP Mis-estimation: Likelihood, Magnitudes, Mechanisms and Implications”, Center for International Development, Harvard, June 2019. See article by Arun Kumar in the present issue, and the following interview: “Data on Which GDP Calculated A Major Concern, Soon GDP Could Become Unreliable: Pronab Sen”, November 21, 2023, https://thewire.in/video/watch-karan-thapar-pronab-sen-gdp-figure-concern Nandan Nilekani, “India’s digital transformation”, Powerpoint presentation, Slide 5, 2023.https://drive.google.com/file/d/1UK_uvDvLqyELtXAJQA3uRSLDmNjHkxP9/view Department of Economic Affairs, Ministry of Finance, The Indian Economy – A Review, January 2024, p. 18. The spike in consumer non-durables in 2017-18 may not reflect a rise in overall demand, but a shift from small units to large units. The IIP is based on production data of larger units; in 2017-18, the introduction of GST drove many small producers of non-durables out the market, leading to an expansion of the market for large units.Ajita Shashidhar “How large consumer goods companies benefitted due to GST, e-commerce in 2018”, Business Today, December 26, 2018. See successive Hindustan Unilever quarterly presentations, https://www.hul.co.in/investor-relations/results-presentations/quarterly-results/ Bank credit outstanding to large industry, RBI, Sectoral Deployment of Non-Food Gross Bank Credit; deflated using GDP deflators for 2013-14 and 2023-24. “FM Nirmala Sitharaman Invites India Inc To Invest In New-Age Sectors To Push Growth”, February 5, 2022, https://news.abplive.com/business/fm-nirmala-sitharaman-invites-india-inc-to-invest-in-new-age-sectors-to-push-growth-1511087, Gireesh Chandra Prasad, “What is stopping you from investing, FM asks India Inc”, September 14, 2022, “Govt has made policies to make India attractive for investment: Nirmala Sitharaman”, Hindustan Times, April 20, 2024. Shiva Rajora, “CEA V. Anantha Nageswaran urges India Inc to step up investments”, Business Standard, December 7, 2023. “State of the Economy”, RBI Bulletin, February 2024. “India Inc delays investment decisions amid uncertainty”, Policy Circle, December 11, 2023. https://www.policycircle.org/economy/india-inc-delays-investments/ Cristian Alonso, Tanuj Bhojwani, Emine Hanedar, Dinar Prihardini, Gerardo Una and Kateryna Zhabska Stacking up the Benefits: Lessons from India’s Digital Journey, International Monetary Fund Working Paper, 2023, p. 5. International Labour Organization and Institute for Human Development, India Employment Report 2024: Youth employment, education and skills, 2024. Skill levels here refer to formal training and education; the knowledge and skill required for agriculture or construction labour, though considerable, are not taken into account. The Economic Survey 2022-23 admitted that Labour Bureau data showed that “growth in real rural wages has been negative”. The latest RBI Monetary Policy Report (April 2024) shows that this trend continues through 2023-24. RUPE, “The Rural Depression”, Aspects of India’s Economy no. 78, https://rupe-india.org/aspects-no-78/the-rural-depression/ RBI, Consumer Confidence Survey, March 2024. “Essential items comprise of food, housing, fuel & electricity, essential clothing, education, medical amenities, transportation etc. Non-essential items comprise of consumer durables, motor vehicles, gold & jewelry, expenses on hotel & restaurant etc.” Motilal Oswal Financial Services, “HHNFS likely unchanged at ~5% of GDP in 9MFY24”, EcoScope, March 19, 2024. https://www.motilaloswal.com/site/rreports/HTML/638465220142945892/index.htm Department of Economic Affairs, op. cit., p. 18. Disbursements by state governments rose from 18.7 per cent of GDP in 2020-21 to 19.2 per cent in 2023-24, but the combined disbursements of Centre and states fell from 32.1 per cent of GDP to 30 per cent in the same period. Calculated from RBI Database. IMF, Staff Report for the 2023 Article IV Consultation, November 2023. Yilmaz Akyuz and T. Sabri Oncu, “Exposing India’s financial markets to vultures”, The Hindu, February 2, 2024. Dhirendra Gajbhiye, Rashika Arora, Arham Nahar, Rigzen Yangdol, and Ishu Thakur, “Measuring India’s Digital Economy”, RBI Bulletin, December 2022.

      Additional notes from the book: A survey of food delivery platform workers by the National Council for Applied Economic Research shows that platform workers have experienced a steady deterioration in their real net incomes over the survey period. The report provides some revealing comparisons with other categories of workers. In 2022, long-shift food delivery platform workers worked 69.3 hours a week and earned an income (net of fuel costs) of Rs 13,581/month. By comparison the average adult Indian male worker worked 55 hours a week and earned Rs 18,600/month, or 73 per cent more an hour than platform workers. Workers in the peer group of platform workers, i.e. urban male youth (18–35) with at least secondary education, earned Rs 22,494/month for 56 hours work a week, or more than double the hourly rate of platform workers.³⁹

    1. Ontologically, the idea of technological solutionism – whereby ‘everything’, including political and social issues, has a technical solution – is now rampant, driven largely by digital BigTech corporations. It facilitates the replacement of the notion of political conflict by an apparently apolitical, techno-managerial framework. It also spawns fantastical narratives of techno utopias without addressing any real issues. It remains to be seen what deeper crises unfold now and what kind of social resistance arises to confront this onslaught.

      While this framing correctly point out the danger of techno solutionism it IMO falls victim to Luddism.

    2. Technological ‘disruption’

      This entire section points to the ill-effects of technology under Capitalism. What does it achieve? Are we been led to a luddite position?

    1. Digitalisation and formalisation are projected by the Government as a solution to the Indian economy’s problems, such as tackling the black economy and improving tax collection. Towards this end, the Government has taken various steps such as demonetisation, GST, Direct Benefit Transfer (DBT) and Aadhaar. While the goals set for these steps have not been achieved, new problems have emerged, since the unorganised sector has been adversely hit.

      Its not clear to be that this chapter makes a clear case about digitalisation and its effects. It focuses almost exclusively on problems with GST and GDP calculations and the larger Neoliberal policies of the Govt. The focus of digitalisation seems to be missing.

    2. The introduction of the three farm laws and implementation of the labour code are examples of this agenda.

      Why? Not clear how these push the digitisation agenda

    3. Digitalisation is leaving behind many of the marginalised, who do not have access to the internet or devices such as computers and smart phones, and/or have low financial literacy. At times, even if they own devices, the connectivity is poor, so they cannot access the net. This is the internet divide.

      While this is true. But also due to Jio Internet penetration among the lower sections has improved significantly.

    1. Recurring themes

      4:56 PMThis passage argues that India's digitalisation drive is fundamentally a class project serving corporate and imperialist interests. The ruling classes deploy "digital" as a magical catchword to bypass the need for genuine public investment and social transformation, treating digital service delivery as equivalent to actual benefit received. Technology is fetishised to conceal the class interests behind its deployment, while its real costs — lost wages, exclusion from welfare, privatisation burdens — fall entirely on working people. Digitalisation deepens existing inequalities of class, caste, gender and region, atomises collective social institutions into individual consumer relationships, and harvests public data as a subsidy to private capital. The "India Stack" and its sectoral iterations amount to state-funded infrastructure for corporate extraction. Meanwhile, the process accelerates financialisation, enables the withdrawal of the state from healthcare, education, banking and agriculture, and further subordinates the Indian economy to imperialism — all while the very word "imperialism" is scrubbed from mainstream discourse on the subject.