Assertion Supported
Digi Yatra purges travel data immediately after passengers clear the airport
“The moment you go through the airport, and your PNR has been used, we purge it. So, there's no permanent record of your travel to enable privacy.”
Prediction Not checkable as stated
Scaled direct atmospheric carbon removal will likely not occur before 2100
“Maybe post 2100, we'll find that we have scaled up nuclear fusion sufficiently, that we can have the free energy to suck carbon out of the atmosphere. Till then, it's just very difficult to see How we can set up a scaled energy system that can actually pull ca…”
Prediction Open · timeframe Dec 2100
A three-degree Celsius global temperature rise is effectively baked in
“And so the physics of this is actually crystal clear. It's going up three degrees centigrade global average mean temperature is pretty much baked in. It's going to be very difficult to try and avoid that now.”
Prediction Not checkable as stated
Most of India's $1T transition capital must come from Global North
“I think the vast majority of the trillion dollars Siddharth is going to have to come from the global north. And of course they will want commercial returns, which is why we need the concessional capital to make it happen. Just the multilateral development bank…”
Prediction Open · timeframe Dec 2050
India could account for 25% of global carbon emissions by 2050
“So right now the projection is we will have about fifty billion tons in twenty-fifty of global carbon equivalent emissions. Out of that fifty billion tons, 10 to fourteen billion tons could actually come from India. So at that time we could be a quarter 25% of…”
Assertion Supported
Round-the-clock solar power now costs less than coal in many cases
“Today, the cost of round-the-clock solar is actually lower than the cost of coal in many cases, particularly in India.”
Prediction Open · timeframe Feb 2040
Nuclear fusion will become commercially viable within 10 to 15 years
“Nuclear fusion is finally getting within the zone of commercial viability. In the next 10 or 15 years, it'll become commercially viable.”
Prediction Open · timeframe Dec 2080
Atmospheric CO2 will reach 600 to 650 ppm despite net-zero targets
“Even if we get to net zero by 20 70 or 20 80, which is when people expect the planet to get to net zero, we are going to go from 440 parts per million to something like 606 150 parts per million.”
Prediction Not checkable as stated
India requires $1 trillion in incremental private investment for net zero
“All the economic modeling is showing us That for us to get on a net zero trajectory, so that as the Honorable Prime Minister has said, we get to net zero by twenty-seventy, it's going to require in the next 10 or 15 years, an additional trillion dollars of inv…”
Assertion Supported
Sinha: Electric Vehicles Now Cost Less Than Petrol and Diesel Vehicles
“Today, the cost of electric vehicles is lower than the cost of petrol and diesel vehicles.”
Assertion Supported
Indian corporate R&D is $7B compared to $350B in China
“Total industrial R&D, the amount of R&D that Indian companies are doing is seven billion dollars. The total industrial R&D, company R&D that China is doing, three hundred and fifty billion dollars. America almost eight hundred billion dollars.”
Assertion Supported
Sinha and Raghuram Rajan advised on introducing mortgage tax deduction
“Raghuram Rajan and I, and we are, of course, very good friends from our IIT days Raghuram Rajan and I advised my father that we should have a mortgage interest tax deduction. Because that would make mortgages much more affordable. It would reduce the cost of h…”
Assertion Supported
Sinha and Shaktikanta Das instituted pass-through tax for AIFs
“So what Shakti Kantha Das Ji and I, you know, put in place was the ability for AIFs to be taxed only once in the hands of the eventual owner of the AIF. The AIF is not taxed separately from the owners of the AIF. It's only once it's taxed through pass through …”
Assertion Contradicted
More people fly in India than travel in upper-class railways
“And today, there are more people flying on planes than they are taking upper class travel and railways.”
Prediction Not checkable as stated
India will develop an airline competing directly with Emirates and Singapore
“We will have an airline that will compete against Qantas and Singapore Airlines and Emirates.”
Prediction Open · timeframe Feb 2030
Delhi will experience month-long 50-degree heatwaves and mid-50s maximum temperatures
“Delhi, for example, is going to go to a max temperature in the mid fifties. We are going to have heat waves where the temperature is going to be more than 50 degrees for perhaps a month at a time.”
Assertion Supported
Electrifying India's diesel buses will require $400 billion in investment
“People have estimated if we were to just take our diesel buses and convert them to electric, we will need four hundred billion dollars.”
Assertion Partly supported
Beijing electrified all buses and two-wheelers and relocated coal plants
“Today you go to Beijing, all their buses are electric. All the two-wheelers are electric. 54% of the cars that they're buying are electric. All the thermal power plants, the coal-fired power plants have been taken far away from Beijing. And all the polluting i…”
Assertion Partly supported
Top IIT budgets are $200M compared to $3B at MIT
“MIT, total budget, three billion dollars. Tsinghua University, which is in China, the MIT of China, total budget, one billion dollars. What is the budget of IIT Delhi or IIT Bombay? 102 hundred million dollars.”
Assertion Partly supported
NIIF is India's sovereign wealth fund and largest domestic investment fund
“Together, we created the National Investment and Infrastructure Fund, NIF, which is India's sovereign wealth fund, and now India's largest investment fund, domestic investment fund, which is NIF.”
Assertion Supported
Government Fund of Funds has supported over 140 venture capital funds
“And that check and balance on government by creating an external investment committee has enabled the fund of funds to really scale up, support some 140 and 50 venture capital funds.”
Assertion Supported
Sinha: India Invests $60B to $70B Annually in Corporate Investment
“So we are investing about 60, seventy billion dollars a year in corporate investment, and, you know, much of that is coming from domestic sources, but a lot of it is already coming from foreign sources.”
Assertion Partly supported
India currently generates 3.5 billion tons of global carbon emissions
“Today, just so that you have the numbers, total Global carbon equivalent emissions is sixty billion tons. Roughly sixty billion tons. Out of that sixty billion tons, India is three and a half billion tons. Ok, so we are about six and a half, seven percent of g…”
Assertion Supported
Sinha co-authored first NASSCOM-McKinsey report on Indian IT industry
“In fact, I was one of the coauthors of the first NASCOM report in 1909, Which laid out the roadmap for the industry.”