13-04-2024, 02:12 AM
Hi guys, hope you guys are doing good
The current situation here in India is terrible. The Job market is horrible, people are losing jobs, layoffs are rampant. I personally know quite a lot of people who lost jobs as well as struggling to get jobs.
Inflation is rampant, things are so expensive in India for the average person, you could survive on 30K INR in a city before but not anymore. It is literally not even enough to make ends meet.
The situation is so bad that, the toughest college to get into in India -- IIT Bombay has 36% unplaced graduating students. Colleges which usually have high placements, including IIT Bombay, with placements such as 240k USD from Jane Street, are literally having lots of students with no prospects. One very good college in the North had 50% students unplaced and the rest 50% were terrible so-so.
Its election season here in India. Currently the ruling party is BJP.
They're a good corrupt government Which honestly screwed over the economy and made it terribly awful. They are to be blamed for the economic crisis. As I've mentioned in my past posts time and time again, India is effectively two parts -- North India and South India, and North India is a BJP majority region, and BJP has no foothold over South Indian state governments and people.
This has all to do with people in the North prioritizing religious chauvinism over hard facts such as economic growth. Your average 23yo in North India is unemployed, has no certainity that he will get a job in the future, doesnt even have proper living conditions and with a terrible inflated prices for his everyday needs, but will unequivocally support BJP because he thinks BJP is saving his religion. Such is the mentality.
A Bloomberg article goes into more depth on this, I strongly recommend reading it if you want to know more about the political scene here: https://www.bloomberg.com/opinion/features/2024-04-07/india-elections-progressive-south-is-rejecting-modi
I'm honestly very frustrated and disappointed really. The future doesn't look all that good. India will become an authoritative dictatorship with huge wealth income gaps and no level playing fields. It is so sad to see people reject their own reality and situations over some irrational ideas and ideologies.
The only thing that has been keeping me going has been work, I've been working a lot lately, both in the lab and on a startup idea related to payments. Despite this, the shadows of the my beloved not having a stable situation just keeps me mundane. we'll see how it goes.
The current situation here in India is terrible. The Job market is horrible, people are losing jobs, layoffs are rampant. I personally know quite a lot of people who lost jobs as well as struggling to get jobs.
Inflation is rampant, things are so expensive in India for the average person, you could survive on 30K INR in a city before but not anymore. It is literally not even enough to make ends meet.
The situation is so bad that, the toughest college to get into in India -- IIT Bombay has 36% unplaced graduating students. Colleges which usually have high placements, including IIT Bombay, with placements such as 240k USD from Jane Street, are literally having lots of students with no prospects. One very good college in the North had 50% students unplaced and the rest 50% were terrible so-so.
Its election season here in India. Currently the ruling party is BJP.
They're a good corrupt government Which honestly screwed over the economy and made it terribly awful. They are to be blamed for the economic crisis. As I've mentioned in my past posts time and time again, India is effectively two parts -- North India and South India, and North India is a BJP majority region, and BJP has no foothold over South Indian state governments and people.
This has all to do with people in the North prioritizing religious chauvinism over hard facts such as economic growth. Your average 23yo in North India is unemployed, has no certainity that he will get a job in the future, doesnt even have proper living conditions and with a terrible inflated prices for his everyday needs, but will unequivocally support BJP because he thinks BJP is saving his religion. Such is the mentality.
A Bloomberg article goes into more depth on this, I strongly recommend reading it if you want to know more about the political scene here: https://www.bloomberg.com/opinion/features/2024-04-07/india-elections-progressive-south-is-rejecting-modi
I'm honestly very frustrated and disappointed really. The future doesn't look all that good. India will become an authoritative dictatorship with huge wealth income gaps and no level playing fields. It is so sad to see people reject their own reality and situations over some irrational ideas and ideologies.
The only thing that has been keeping me going has been work, I've been working a lot lately, both in the lab and on a startup idea related to payments. Despite this, the shadows of the my beloved not having a stable situation just keeps me mundane. we'll see how it goes.
