@jsb31

Associate Professor - Economics and keen researcher

New Delhi
Joined June 2009
J.Bhandari retweeted
This song has my childhood memories 🤌🏻 I miss my kumauni friends 🥹
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80’s vibe ( hypothetical) #80vibes
🤖 Made with AI
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Musical 🎶 life lessons…😊 8 songs and its lyrics with deep meaning. Love it. #JustMusic 🎶
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New book: The Mathematisation of Economics: A Twentieth-Century History, y Marcel Boumans (the pdf is free online until September 18) buff.ly/0nx4Ygc
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Delhi has the scale. Mumbai has the capital. Bengaluru has the cash flow. But India’s highest per-household spenders aren’t living in any of them. 💡 One nation. Many economies inside. 🇮🇳 🏙 The PRICE–Tata 100-city report, The Many Urban Indias, reveals how fragmented the urban growth story really is: 1. Earnings vs. Wealth Concentration: * Bengaluru leads average household earnings at ₹28.3L/year (1.7x Kolkata’s ₹16.8L). * Mumbai dominates wealth density: 26.1% of households earn >₹36L/year (vs. just 8.0% in Bengaluru). * Hyderabad anchors the middle class, with 68.1% in the ₹6L–₹36L bracket. 2. Mega-Scale vs. Tier-2 Velocity: * Delhi-NCR rules aggregate volume with an ₹11.2L Cr consumption market—nearly matching Mumbai (₹6.4L Cr) + Bengaluru (₹5.5L Cr) combined. * But per-household consumption flips the script: * Chandigarh: ₹19.2L * Thiruvananthapuram: ₹17.6L * Vadodara: ₹17.5L (vs. Bengaluru at ₹15.1L & Mumbai at ₹13.7L). 3. Spending Baskets & Geography * Big Six split: 70.1% Non-Food | 29.9% Food. * North vs. South: Northern metros allocate heavily to housing & education; Southern metros spend significantly more on healthcare. * Delhi’s transport spend alone (₹2.9L Cr) exceeds Pune’s entire consumption economy (₹2.5L Cr). 4. Balance Sheets: Surplus vs. Leverage: * Bengaluru saves the most in both share and volume: 45.9% (₹13.0L/year). * Chennai holds the highest debt-to-income ratio (27.7%, avg debt ₹5.3L), driven by housing and auto asset creation rather than financial distress. * Hyderabad carries the lowest debt ratio at 14.0% (₹3.0L). The Bottom Line: * Delhi-NCR = Volume & Scale. * Mumbai = Deep Capital & HNI Density. * Bengaluru = Cash Flow & High Savings. * Chandigarh / Vadodara = Peak Discretionary Velocity. Income is only one marker, market depth is defined by how capital is deployed. Data & Insights via @TataCompanies and PRICE (People Research on India’s Consumer Economy). By @ChandniTekwani & @Data_Weak CC: @MoHUA_India @NITIAayog #IndianEconomy #ConsumerTrends #UrbanIndia #DataAnalytics #IndiaGrowthStory
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J.Bhandari retweeted
GDP data has been uplifted to a mega talking point with #SubashGarg1960 assertion that GDP growth had collapsed in 2027 FQ1; My article was written before his "intervention" & has a radically different conclusion! But You be the judge, jury & executioner indianexpress.com/article/op…
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How bad was life before modern science, technology, and economic growth? Awful. The example I will use in class this Wednesday is Henry Clay (1777-1852). He was one of the most powerful men of his time in the U.S., not just among the elite but among the elite of the elite: Speaker of the House, Secretary of State, Senator, and three-time presidential candidate. He was also rich and a large slaveholder. The U.S. was among the richest countries in the world (perhaps only behind Great Britain) and among the most technologically advanced. And we are not talking about the early Middle Ages, but about the first half of the 19th century. Given the constraints of his time, he had nearly everything within reach. Clay and his wife, Lucretia (both in the photograph), had eleven children: six daughters and five sons. He buried all six daughters. By 1835, all were dead: two as infants, two as children, two as young mothers. He also buried a son in a war his father had opposed. Another son, Theodore, fractured his skull as a child, but since nobody could treat him, he spent decades in an asylum in Lexington. Think about this for a second: seven children dead and one handicapped out of eleven, in the first half of the 19th century, among the elite of the elite, in one of the richest and most advanced places on the planet. And I was angry yesterday because my cell phone coverage in Toddington (England) was poor.
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What’s ailing Europe 😁😁 #innovation #economicpolicy
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J.Bhandari retweeted
Madhya Pradesh: A man in Khandwa, troubled by the menace of stray dogs, reached the collectorate wearing a dog costume.
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Remember to treat your body like a data center. Consume as much literature and water as possible.
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Very powerful take on Marxism
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J.Bhandari retweeted
Fortune favors the bald btw
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Why usually Governments are inefficient? Watch for the answer
Milton Friedman on 4 ways to spend money: 1) Your money on yourself (you’re careful about both cost and quality) 2) Your money on others (you care about cost, less about quality) 3) Someone else’s money on yourself (you care about quality, not cost) 4) Someone else’s money on others (you care about neither) The last one is how government spending works.
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Excellent news from Uttarakhand 👏👏
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Just imagine approaching VCs with this pitch deck which says-basically we developed the internet… @GabbbarSingh @sanjeevsanyal
Replying to @JeffDean
We created a pitch deck to tell a handful of VC firms about us and what we were up to (a fun experience!). Here’s a few slides about our background and some of the things we’ve worked on from the pitch deck (it was fun putting together the list of people in our teams who have gone on to found a whole range of exciting companies). We are delighted to have selected @radicalvcfund and @khoslaventures to lead our initial funding round, along with participation from @lightspeedvp, @kleinerperkins, Doerr Capital (@johndoerr), and Alphabet (@Google). We’ll be working with them to close our seed round over the next few weeks.
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Charted: How Economic Power Shifted Over 200 Years 📈 visualcapitalist.com/how-eco…
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🙏🏻💐
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Rare interview of Paul Samuelson.. the 🐐
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I taught JEE physics for years. That paper breaks strong kids in three hours. This exam is five hours of theory and five hours of lab work, and these five did close to perfect scores on it. Let me tell you what actually happened. The International Physics Olympiad is the world championship of school physics. It was the 56th edition. Held in Bucaramanga, Colombia, from July 5 to 12. 381 students. More than 85 countries. Every one of them the best physics student their country could find. India sent five kids. All five came back with gold. Their names are Kanishk Jain from Pune. Riddhesh Anant Bendale from Indore. Rishit Garg from Dwarka in Delhi. Shresth Suraiya from Mumbai. Svarit Joshi from Ahmedabad. We know a hundred cricketers by their nickname and not one of these boys. :) That clean sweep put India at joint World Number One. Tied with China, Russia, Kazakhstan, South Korea and Taiwan. Those are countries that pour serious money and national pride into science education. We are standing level with them. Now here is what the exam actually was. Two papers. Each five hours long. The theory paper had three problems. One on the thermodynamics of paramagnetic cooling. One on the photoionisation of ozone. One on the dynamics of electron positron pairs. The experimental paper was another five hours in a lab, working through heat transfer and thermodynamic processes in fluids. That means you get given equipment you have never seen, and you have to design your own experiment, take your own readings, handle the errors, and reach a real answer. Not multiple choice. No shortcuts. No pattern recognition. You either understand physics or you sit there for five hours. HBCSE says the Indian students were near perfect on theory and excellent on the practical too. Now, this was India's 27th appearance at the IPhO. Across all those years, about 44 percent of Indian students have won gold, 41 percent silver, 10 percent bronze. In the last ten years, every single Indian student has come home with a medal. 62 percent gold, 38 percent silver. Not one kid has gone and come back empty handed in a decade. Five golds in one year has happened only twice. This year, and in 2018. So who built this. The programme is run by HBCSE, the Homi Bhabha Centre for Science Education. It sits under TIFR, which sits under the Department of Atomic Energy. They run the whole funnel. A national exam, then a national olympiad, then a brutal selection and training camp, and out of everyone in the country, five kids get on a plane. The team was led by Professor Anwesh Mazumdar of HBCSE-TIFR and Dr Leena Joshi from St Xavier's College, Mumbai. The scientific observers were Professor Ananda Dasgupta from IISER Kolkata and Nisha Kelkar from Gogate-Joglekar College in Ratnagiri. Yes. Ratnagiri. A college in a small coastal town in Maharashtra. This is public education doing something the private coaching industry could never do on its own. The coaching industry is very good at one thing. Teaching you to solve a known problem fast. That is what JEE and NEET reward, and I say that with love because I was part of that world. But an olympiad paper does not have a known type. There is no shortcut chapter. There is no formula sheet that saves you. You have to sit with a problem you have never seen and think. That is a completely different muscle. And a government funded centre has been quietly building it in Indian teenagers for 27 years. So yes, be proud. Loudly. HBCSE also shared that around 64 percent of India's olympiad medallists go on to do a PhD. But only about 32 percent of medallists end up settling in India. I do not say that to spoil the moment. These kids owe the country nothing. They earned every option they have. But it should tell us something. We are excellent at finding this talent. We are excellent at training it. We are still not great at giving it somewhere worth staying. Congratulations Kanishk, Riddhesh, Rishit, Shresth and Svarit. This is one of the best things an Indian did this year and most of the country will never hear about it.
🇮🇳 India Tops the World at the 56th International Physics Olympiad 2026! 🥇🥇🥇🥇🥇India's young physicists deliver an extraordinary performance at #IPhO2026 in Colombia. All five members of the Indian team win Gold Medals. 1/3 @PMOIndia @DrJitendraSingh @HBCSE_TIFR @TIFRScience
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