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Poosarla Sai Karthik
Tech guy with a busi... • 1m
Two stories this week captured where India is stuck and where it's starting to move forward. First, the crisis with rare earth magnets. These are tiny parts that sit inside motors, power windows, wipers, and even screens. Every electric vehicle needs them. India imports almost all of them from China. But now, Chinese exports are drying up. Not because of a formal ban, but because China has wrapped the process in so much paperwork that nothing is getting out. Indian automakers are watching their inventories shrink by the day. EV production is already being cut. Some companies are warning they’ll have to halt operations if nothing changes. This is what happens when you depend on one supplier for a critical input and have no fallback. The second story is about Bengaluru fixing a long-broken policy. For years, if the government took your land, they gave you development rights instead of money. You could use these to build extra space somewhere else. But the system was a joke. The rights were undervalued. You could barely use them anywhere. The paperwork took years. That just changed. Now you can use those rights anywhere in the city. Their value is tied to real market prices. The process is digital and far quicker. What forced the shift? A Supreme Court case involving the Mysore royals, who were owed compensation. The court told the government to pay over three thousand crore worth of fair-value rights. That moment forced a citywide reform.
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