Ayush Agrawal (@metallic_nerd) header
Ayush Agrawal (@metallic_nerd) profile picture

Infra Financing and Commodity Trading @ MPPC Steel, Co-Founded https://teapawt.net/t.co/hEdP9kVdQV (Acq by https://teapawt.net/t.co/kXR72bi0ye), Ex Deutsche Bank, B-Tech (MatSci), IIT Bombay

India 🇮🇳
Joined December 2010
Photo by Ayush Agrawal (@metallic_nerd)Photo by Ayush Agrawal (@metallic_nerd)Photo by Ayush Agrawal (@metallic_nerd)Photo by Ayush Agrawal (@metallic_nerd)Photo by Ayush Agrawal (@metallic_nerd)Photo by Ayush Agrawal (@metallic_nerd)Photo by Ayush Agrawal (@metallic_nerd)Photo by Ayush Agrawal (@metallic_nerd)Photo by Ayush Agrawal (@metallic_nerd)Photo by Ayush Agrawal (@metallic_nerd)
Leave it better than you found it.
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Ayush Agrawal retweeted
There were a lot of things that only worked because there's a limit to the rate at which humans can operate. We're about to find out what all of them are, as they break.
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This is a good oped in Sunday Times. India has already created 12 million gig jobs without a government jobs guarantee, giant factories or taxpayer-funded payrolls. That is something to build on not something to be ashamed of. And for many, platform work is not exploitation but a dignified escape from low-productivity, low-paying alternatives. Wage dynamics are revealing. A garment worker in a formal factory earns roughly ₹12,800 to ₹15,700 a month across Tamil Nadu, Karnataka, Gujarat and Haryana. OTOH,a platform driver can gross around ₹27,000, or roughly ₹19,000 after operating costs while retaining something a conventional factory job cannot offer.+ flexibility and the ability to enter the labour market almost immediately. And the oped also points to the ideological contradiction of whose who have disdain only for 'gig jobs These are same folks who celebrate MNREGA as dignified employment somehow regard a person freely choosing to deliver food, drive a cab or take platform work as being “exploited”. MNREGA can pay as little as ₹252–₹336 a day in the states Yet the same people who defend guaranteed state-funded manual labour often want to regulate away flexible market-based work that workers themselves choose. Protect workers with accident insurance, portable social security and transparent algorithms. And fight mindset regulating an imperfect but rapidly expanding source of opportunity out of existence.
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Ayush Agrawal retweeted
For generations, we've pushed the limits of what flight can do. Yet moving goods still comes with a compromise. The sea takes weeks and flying costs too much. Somewhere along the way, the world got comfortable with waiting. Today, we announce Eureka, our first aircraft. It takes off and lands on water, and it's designed to turn "in a few weeks" into "on the evening flight." Break the surface.
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Kejriwals childen let loose IYKYK
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Ayush Agrawal retweeted
India's rigid capital controls are now engendering a vicious cycle - risk-averse capital allocation, sub-optimal mass wealth creation and India's R&D spends remain shockingly low. We need looser capital controls to cut thru thia Gordian knot My piece in @livemint
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Ayush Agrawal retweeted
“That imperfection is less dangerous than continued dependence on China. The strategic objective is not an aligned India. It is an India large enough to make dependence on China optional.” 12/12
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