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Defining Indian Capitalism
Ambassador Neelam Deo is the Former Consul General of India in New York. She has a Masters degree in Economics from the Delhi School of Economics and has taught in Kamala Nehru College, Delhi University. Ambassador Deo is a career diplomat of the Indian Foreign Service (IFS), with over three decades in the Indian Diplomatic Corps. She has been India's Ambassador to Denmark and Ivory Coast, with concurrent accreditation to Sierra Leone, Niger & Guinea. Prior to her assignment in New York, she led the Bangladesh, Sri Lanka and Myanmar Division in the Ministry of External Affairs, New Delhi, dealing with India's overall relations with these countries. Ambassador Deo has also worked in India's Diplomatic Missions in Washington DC, Bangkok and Rome. She is married to Dr. Pramod Deo, an officer of the Indian Administrative Service who is currently the Chairman of the Maharashtra Electricity Regulatory Commission in Mumbai, and they have one daughter.
Question: What’s the role of government in India’s economy?
Neelam Deo: The government of India is, of course, in a process which will require more and more changes to the economy. We began the process by removing regulations, by opening up. Having done quite a lot of that and having been able to push up the rate of growth to 9%, we anticipate that it will probably be 8% in this financial year because of the state of the global economy. But, is there more reform that government of India needs to undertake? Yes. There is more reform that we need to undertake. But that’s the case with everybody you can always move on to a more conducive economic situation.
And among the areas of reform that is already being discussed that is on the [annual] is reform of the labor laws, is reform in the ownership of in the banking sector, in the insurance sectors, retail sale outlets. We are also in need of reform in the real estate sector, though, that’s a sector which is booming. So, yes, there are areas in which government of India will have to continue to make changes, to improve the framework within which entrepreneurs work. But Indian entrepreneurs by and large, respond very positively when some of these are undertaken on their expectations for the future and are among the most optimistic, the most positive in the world, I think.
Despite reforms and deregulation, the Indian government could still loosen their control in several sectors.
Duke University researchers might have solved a half-century old problem.
- The blend of three polymers provides enough flexibility and durability to mimic the knee.
- The next step is to test this hydrogel in sheep; human use can take at least three years.
Photo: Feichen Yang.<p>That's the word from a team in the Department of Chemistry and Department of Mechanical Engineering and Materials Science at Duke University. Their <a href="https://onlinelibrary.wiley.com/doi/abs/10.1002/adfm.202003451" target="_blank">new paper</a>, published in the journal,<em> Advanced Functional Materials</em>, details this exciting evolution of this frustrating joint.<br></p><p>Researchers have sought materials strong and versatile enough to repair a knee since at least the seventies. This new hydrogel, comprised of three polymers, might be it. When two of the polymers are stretched, a third keeps the entire structure intact. When pulled 100,000 times, the cartilage held up as well as materials used in bone implants. The team also rubbed the hydrogel against natural cartilage a million times and found it to be as wear-resistant as the real thing. </p><p>The hydrogel has the appearance of Jell-O and is comprised of 60 percent water. Co-author, Feichen Yang, <a href="https://today.duke.edu/2020/06/lab-first-cartilage-mimicking-gel-strong-enough-knees" target="_blank">says</a> this network of polymers is particularly durable: "Only this combination of all three components is both flexible and stiff and therefore strong." </p><p> As with any new material, a lot of testing must be conducted. They don't foresee this hydrogel being implanted into human bodies for at least three years. The next step is to test it out in sheep. </p><p>Still, this is an exciting step forward in the rehabilitation of one of our trickiest joints. Given the potential reward, the wait is worth it. </p><p><span></span>--</p><p><em>Stay in touch with Derek on <a href="http://www.twitter.com/derekberes" target="_blank">Twitter</a>, <a href="https://www.facebook.com/DerekBeresdotcom" target="_blank">Facebook</a> and <a href="https://derekberes.substack.com/" target="_blank">Substack</a>. His next book is</em> "<em>Hero's Dose: The Case For Psychedelics in Ritual and Therapy."</em></p>
What would it be like to experience the 4th dimension?
- 10-15% of people visiting emergency rooms eventually develop symptoms of long-lasting PTSD.
- Early treatment is available but there's been no way to tell who needs it.
- Using clinical data already being collected, machine learning can identify who's at risk.
70 data points and machine learning
Image source: Creators Collective/Unsplash
Image source: Külli Kittus/Unsplash