government

“So government gives you a different job satisfaction. It gives you the size and scale, which you can never get in the private sector.”

“Yes, on paper, RBI is an independent institution, a regulatory body, but it is not really autonomous.”

“Even he fell out with the government because he wanted the public sector governance norms to be changed so that the RBI can monitor and regulate the public sector banks adequately. So there the differences open and arose. So he also had to quit suddenly.”

“So at the lowest income level, right, they have disproportionate influence on who gets elected. Okay. At the middle in income strata, they have disproportionate influence on what gets discussed, right? Because you and I, the people who are doing podcasts, read…”

“Today, government still run more than 1500 companies, including sandal soap and things like that, right?”

“Finally, when, you know, crisis happens, it's not as if governments come up with a new idea when the crisis happens. What happens is they'll pick up an idea, which is already there. Two, three committees have said, and that they'll pick one of those when say a…”

“Government must, when it borrows, it must be sure that it is able to repay by using that money in a way that generates an income stream. On the other hand, if you borrow money and spend it on a populist scheme, Then that is used for what economists call curren…”

“Government is the biggest part is on one side of it where many PSUs and governments have not paid MSMEs.”

“Even simple things like, if you have to get your, ah, documents attested, you know, ah, 10 years ago, it was that, 10 or 11 years ago, you had to go to an officer of the government, and he will certify you are what you are, or who you are. Today, ah, ah, the c…”

“We already have a line of sight to 18,000 GPUs if we need”

“There was a, I think angel tax was a disaster, but fortunately the government realized it and fixed it.”

“When you're giving, you know, say, 10,000 crores, and if the government says, hey, you know, give me five percent equity, and you think the private sector will not give you five percent to get 10,000 crores? I think it's a very simple argument, right? They wil…”

“In the private sector, if you are able to push something by a millimeter, you make an inch of progress. With the government, if you can push something by a millimeter, if you can, then you can, your progress that you make is a mile long.”

“Now the government has invested approximately a billion dollars into rare earth extraction and manufacturing.”