Off The Cuff with Sanjeev Sanyal

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  • Опубликовано: 10 сен 2024
  • #ThePrintOTC
    Sanjeev Sanyal, Principal Economic Adviser in the finance ministry was the guest at this edition of ThePrint's Off The Cuff.
    In a conversation with ThePrint's Editor-in-Chief Shekhar Gupta, Sanyal expressed confidence that the Indian economy will grow at more than 11 per cent real GDP growth and 15 per cent nominal GDP growth projected by the latest Economic Survey. Sanyal reiterated the government's commitment to privatisation and said the opposition to the move comes as no surprise. He also talked about the inflation targeting framework and why updating the basket of items that are a part of the consumer price inflation index is important. Explaining the concept of Atmanirbhar Bharat, he said it must not be seen as an attempt to return to the period prior to the 1991 reforms. "The PM has no interest in going back to driving in Ambassador cars," Sanyal said.
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Комментарии • 711

  • @sumit4yt7
    @sumit4yt7 3 года назад +341

    Sanjeev Sanyal is a great economist with deep knowledge and clear thoughts. Good to see the current govt has good people like him in its team.

    • @AA-re8jd
      @AA-re8jd 3 года назад +17

      Great historian also

    • @utubetruthteller
      @utubetruthteller 3 года назад +4

      He is better than arun jaitley

    • @rahulphalke87
      @rahulphalke87 3 года назад +2

      The question is whether NaMo, FM and Niti ayog follows his inputs and implement accordingly.

    • @AA-re8jd
      @AA-re8jd 3 года назад +12

      @@rahulphalke87 I have seen many people like you in comments
      Have you seen this video?? He literally addressed the same questions

    • @AA-re8jd
      @AA-re8jd 3 года назад +1

      @Dhananjay Singh yeah but it is definitely helping Your master's party congress

  • @raosaheb5637
    @raosaheb5637 3 года назад +252

    after decades of observing indian politics, have i seen a economist with sanyals acumen. hopefully modi supports him and gives him a free hand like narsimha rao gave to manmohan singh

    • @amritkumar7488
      @amritkumar7488 3 года назад +6

      @ far reaching statements. Can you elaborate who R. Rajan has become "voice of globalists" ?

    • @myyoutubechannel2858
      @myyoutubechannel2858 3 года назад +7

      He's so plain spoken, it's refreshing to have a government official who can speak so plainly.
      He's got a bright future ahead of him managing India's economy.

    • @z2zugzwang
      @z2zugzwang 3 года назад +1

      @@vamsikrishna3855 Currency Devaluation was probably only 2% of what he did. Go through the budget he presented and the policies he pushed. You will know what he did. Sanjeev Sanyal is on the right track but has a long way to go, I wish him good luck.

    • @z2zugzwang
      @z2zugzwang 3 года назад +7

      @ Sanjeev Sanyal is very clear about what we need to do and I'm glad the government has found themselves in a situation where they can listen to him with little political fallout. This fallout will continue to increase. Only time will tell if PM Modi without care to his political career continues on this path. I hope he does. Liberalisation destroyed Narasimha Rao by eleminating possibility of many present and future alliances but it helped many Indians create a great future. Also, we couldn't have had a better RBI governor than Raghuram Rajan when we did. If today during Covid we haven't seen a serious rise in NPA's or companies shutting down and in turn causing serious issues with our banking system it's bcoz Raghuram Rajan forced the banks to disclose their NPA's and provision for their probable losses from their profits. Evergreening was the biggest problem with our Banks. And if we wouldn't have had banks declaring NPA's the government wouldn't have been forced to set up The Insolvency and Bankruptcy Code. The IBC has scared the companies into paying up their loans bcoz if they don't they can loose control of their companies.

    • @z2zugzwang
      @z2zugzwang 3 года назад +8

      @@vamsikrishna3855
      You are right Narasimha Rao proposed getting rid of the Monopolies and Restrictive Trade Practices asset limit totally. Industrial licensing would be abolished for all projects except for a small list of 18 industries but with Manmohan Singh's conviction as a FM. So, Manmohan Singh helped with discontinuation of the license raj paving way for entrepreneurship in India, laid the foundation for FEMA (the older FERA had criminal consequences and the new more civil, making exports easier), introduced TDS, made structural reforms in Taxes (Indirect taxes, custom duties and excise levies), all this without increasing the Income Tax or the surchage on the common man. Allowed FDI and Disinvestment of 20% in Public Companies, reduced subsidy (especially sugar, petrol and fertilizers which allowed this money to be invested into Capex), allowed private mutual funds to open and gave powers to SEBI to better regulate the markets (especially important considering the frauds in the Market) and many more. For more info please Google and download the budget pdf.
      Some more titbits;
      * Manmohan Singh worked with the team in Finance Ministry for close to 10 years to gather the research required for these reforms without knowing if life would ever give him the opportunity to apply it. But it was not Manmohan that first tried to apply it, it was Yaswant Sinha. But where Yashwant Sinha failed, Narasimha Rao flourished.
      * These reforms were very unpopular and strangely vehemently opposed by the then opposition. If it wouldn't have been for the political decisiveness shown by Rao (even at the cost of his political career), the endeavour would have failed.

  • @ravi6010
    @ravi6010 3 года назад +251

    I will sleep peacefully tonite knowing that India is in good hands such as Sanjeev Sanyal's. Awesome guy!

    • @arindamdutta9371
      @arindamdutta9371 3 года назад +4

      Yes. The thought that he has been advising our Gov for last 5 years makes me sleep well at night 🤭

    • @NihitMehrotracr7
      @NihitMehrotracr7 3 года назад +6

      He is a good man but the problem is the govt doesn’t listen to all these.They want to do it their own way

    • @NihitMehrotracr7
      @NihitMehrotracr7 3 года назад +2

      @Dhananjay Singh nahi na bhai aap man lijiye aaj nahi manenge kuch saal baad manenge economy nahi chala pati yeh sarkar humne bhi 3 baar vote kiya 204,2017,2019 national security pe achchi hai magar economy me nahi achcha kar paari BJP

    • @muralichundi
      @muralichundi 2 года назад

      Farm laws minimize government involvement in our lives but the BJb withdrew.
      When SSR committed suicide, the central government sent all their agencies after his ex girlfriend.

  • @varunkhugshal9049
    @varunkhugshal9049 3 года назад +369

    Rhodes scholar, economist, historian, urban planner, black belt, some people Are just brillant at every thing.

    • @atanughosal01
      @atanughosal01 3 года назад +15

      Is he a black belt too ??? ..did not quite know about that ???

    • @varunkhugshal9049
      @varunkhugshal9049 3 года назад +19

      @@atanughosal01 yep yep, and also a squash player

    • @atanughosal01
      @atanughosal01 3 года назад +4

      @@varunkhugshal9049 Dayamn !!!! ...man !!! ... he is brilliant ...!!!

    • @rajat.2
      @rajat.2 3 года назад +33

      @@atanughosal01 so he is what Rahul Gandhi wishes to be?

    • @atanughosal01
      @atanughosal01 3 года назад +12

      @@rajat.2 it does'nt hurt for the raven to wish that he looked much like the gorgeous peacock .. but that said ...the raven does have my best wishes ....

  • @chetanmazire5373
    @chetanmazire5373 3 года назад +198

    We as Indians should be proud of ourselves!!! - Sanjeev Sanyal, 2021

  • @atanughosal01
    @atanughosal01 3 года назад +154

    I seriously did not know about this guy Sanjeev Sanyal. Had to wiki him up after watching few of his discourses on RUclips. The more I hear him ... even more do I get impressed. He is a Rhodes Scholar, so its kind of obvious that his credibility in economics has to be of immense value. One gotta watch his understanding of Indian History, it just opens up a complete different story from what we often read in our textbooks. I know he has written a few books, trying to lay my hands on them ...I am sure it will be a worthy read ...

    • @ABhattacharya
      @ABhattacharya 3 года назад +3

      Not on economics though. History. But I loved them.

    • @utubetruthteller
      @utubetruthteller 3 года назад

      Tell me when you are born lol

    • @myrahann5172
      @myrahann5172 3 года назад +12

      Well,I read his book called "The Ocean of Churn" and let me tell you what a delight has it been.After reading so many books on Indian history,this one has still managed to surprise me with a lot of intriguing facts that tell us so much about history in a way that our school books/college books could never manage.

    • @atanughosal01
      @atanughosal01 3 года назад +9

      @@myrahann5172 I believe ya ...absolutely ... as they say "winners write history" ... guess that has been true with us ...all thru our ICSE and CBSE exams .. we read none of these "other" things. In the words of Pink Floyd ..somebody needs to peek into the "Dark side of the moon" ....

    • @harshitj.3455
      @harshitj.3455 3 года назад +4

      @@atanughosal01 Well I am recommending u should read all his books ❤ it

  • @justinjoseph129
    @justinjoseph129 3 года назад +196

    Basically the british enslaving mentality continued in "free" India. This is just a sentence in language but represents the life reality of Indians.

    • @z2zugzwang
      @z2zugzwang 3 года назад +6

      @ Justin Joseph : I think it was more complicated than that. When India got free, we had no choice but to continue with the Defence, administrative and police structure that the British left behind. Not doing so would have caused anarchy and it would have propped up local strongmen that would have controlled different parts of the country by force. This happened in many African and South East Asian countries. By ensuring continuity and aligning the incentives of the Defence Forces, IAS, Tax Authorities and the Police to a democratic India, we avoided a long drawn civil war. The problem was we did not grow economically as fast as we should have. Many reasons behind it, one of them being we were leaning centre-left and never allowed free markets. But free markets were not acceptable to a Indian society post independence coz of the steep distrust of Businessmen and Industrialists in pre and post Independence. It was a catch-22 situation, either decision would cause our new born and fragile democracy to fall apart. The only solution was a middle path of social capitalism by government nationalising big and critical industries and then expanding them. The idea was to slowly build the necessary environment for nurturing private participation in nation building and then handing them the reigns of economic development. Alas, that didn't happen, the new regulations created different set of incentives and kept delaying this shift in public to private led growth. It finally happened when Narasimha Rao and Manmohan Singh joined hands to liberalise the Indian Economy. We were probably 20 years late to the party.

    • @vivekt4896
      @vivekt4896 3 года назад +1

      @@z2zugzwang agree with your synopsis may be 40% .where we failed is our representatives then started to have higher ambitions to become world renowned statesman and be at helm of affairs for ever and ever . Contrast it with Nelson mandela. The non align movement was waiste of resources and time . Personal glory cost us the speed of development.

    • @shrutisontakke9777
      @shrutisontakke9777 3 года назад

      Yes true...

    • @z2zugzwang
      @z2zugzwang 3 года назад +4

      @@vivekt4896 You are correct but only in hindsight. Our options were limited here too. If we would allign with Russia we would have faced indirect economic sanctions from the west and we were desparate for economic growth. But if we sided with USA, we would have had Russian backed enemies in our backyard, more than we could handle.
      Think about it;
      * Pakistan to our west and east
      * Communist China and USSR controlled Afganistan in the North
      * An unstable Mayanmar in the East turned dictatorship in 1962
      * A China and USSR backed Srilanka
      What were our choices?
      Also consider this, 1950 onwards Pakistan sided with the American but that has not helped them in any form. It only complicated their internal and external politics. Today Pakistan without the development promised by China is worse than we were pre liberalisation of our economy.

    • @anwarmi2000
      @anwarmi2000 3 года назад +2

      @@z2zugzwang , Yes, Blaming privatisation completely for all the previous ills is wrong. For example, in the beginning of cell phone in India, BSNL was the only one which gave best connectivity across India. They spend money on towers in remote locations which no private corporate will do, considering the cost benefit ratio. Private companies gave good connectivity only in cities and for across India they used BSNL towers. Similarly, public OMCs, ONGC etc often takes losses to susidise your fuel which no corporate will do. Now , since the dirty job is already the done by them and is behind us, private companies are ready to buy them. Public sector companies were needed then to create an equitable society from a highly feudal and unequal country.

  • @arunsharma4334
    @arunsharma4334 3 года назад +270

    We need more public servants like this deeply impressive man

    • @jaynitpethani2266
      @jaynitpethani2266 3 года назад +17

      Lateral entry is good👍😅

    • @sidharathsharma6197
      @sidharathsharma6197 3 года назад +8

      @@jaynitpethani2266 So?? Even lateral entry into civil services is extremely competative. Given to only high achieving individuals.

    • @koustavbiswas6386
      @koustavbiswas6386 3 года назад +2

      Oxford Graduate 😂😂😂😂

    •  3 года назад

      There are a few others too

    • @rohankeshan6315
      @rohankeshan6315 3 года назад +4

      He is not civil servant but a contract based technocrat

  • @anuragsharma6519
    @anuragsharma6519 3 года назад +74

    Oh my god I can't believe he talked about Dhosi hill.. That place is a few km away from my nani ghar.. Bhankhari in Narnaul, Mahendragarh . And he talks about khetri mines also.. omg.. this man is such a great knowledge of Indian history.

    • @viraldazzy
      @viraldazzy 3 года назад +3

      i am also from nearby place ;)

    • @sheilakijawani2526
      @sheilakijawani2526 2 года назад

      khetri mines is in ncet how does it make him great knowledgeable ?
      let his actions speak more than credentials. look beyond the haze

    • @ANURAGSHARMA091716
      @ANURAGSHARMA091716 2 года назад +2

      @@sheilakijawani2526 it must be in ncert but ask a layman whether he knows or not... My comment was more about his love for the country..And as far as looking beyond the haze.. Go and check his credentials ..

  • @Anish61097
    @Anish61097 3 года назад +202

    It's always a pleasure to listening Sanjeev Sanyal sir

  • @sudhanshusingh7924
    @sudhanshusingh7924 3 года назад +121

    very few journalists interview like Shekhar Gupta. Journalists ask questions not to get an answer but to have a pause to breathe and ask next question. Shekhar gupta was readily listening and demanding more examples from Sanjeev Sanyal

    • @jaideepc786
      @jaideepc786 3 года назад +7

      SG is a master, look at the experience ge has in doing the fabulous Walk the Talk

    •  3 года назад +3

      Sometimes though i wish he let Sanjeev Complete his point.
      But still amazing job, and we need more Technocrats on ThePrint !!!

    • @ambhat3953
      @ambhat3953 3 года назад +1

      But the at the end of the day, he's just a khangress propagandist. He;s been caught down many times lying and spreading fake news.

    • @jonsnow1055
      @jonsnow1055 3 года назад

      @@ambhat3953 XD. And Arnab bhoi is a Godi propagandist. Keeps spreading fake news about shit that never happened and keeps screaming like an idiot.

    • @rajdeepghosh5942
      @rajdeepghosh5942 3 года назад +3

      @@jonsnow1055 Did he talk about Arnab? OR did he say he loves arnab.
      Jab points na ho toh question deflect kardo. This is what so called intellectuals like u do

  • @prashantp2029
    @prashantp2029 3 года назад +74

    Sanjeev is best in both economy and history...thank you for interviewing him.

  • @manojsushmakaul8393
    @manojsushmakaul8393 3 года назад +165

    This is the quality of journalism we expect from ThePrint. Shekhar, you need to help your team to continuously strive to achieve the same quality over time.

    • @manojsushmakaul8393
      @manojsushmakaul8393 3 года назад +15

      @Evan Davis You have all the right to hold your opinion but I wonder how what I said led you to draw the conclusion you did.

    • @dyadav2006
      @dyadav2006 3 года назад

      @@a-woke5283 truly said. I didn't understand what is his compulsion

    • @shgrao71
      @shgrao71 3 года назад +5

      @@manojsushmakaul8393
      Burning butt of a rice bag convert can see through and read other's minds

    • @jonathanalvinrays..7070
      @jonathanalvinrays..7070 3 года назад +4

      @Evan Davis What's wrong in calling oneself Hindu. We know what Christian missionaries do to people, and not only in India but across the globe. And who says caste system is not present in Christianity?? Heard about catholics and protestants?? You know how Catholics treat the Protestants??

    • @manojsushmakaul8393
      @manojsushmakaul8393 3 года назад +1

      @@shgrao71 Hahaha! :)

  • @psvasu23
    @psvasu23 3 года назад +28

    Sanjeev Sanyal is very outspoken, knowledgeable, and clear in his thoughts... We are blessed to have civil servants like him at the helm of affairs. Sekhar was equally wonderful in his capacity as the interviewer and asking the right questions.

  • @orangelays5084
    @orangelays5084 3 года назад +118

    Please do this again - it was wonderful listening to him and learning from him- we are proud to have intellectuals like him in our country - may his tribe increase!!!!

  • @bharatperiwal5422
    @bharatperiwal5422 3 года назад +15

    Ppl like Sanjeev ji should be more visible in our social media. Ppl will understand who we are and whts our history is.
    Kudos to such ppl

  • @roopmukherjee3006
    @roopmukherjee3006 3 года назад +11

    What a clarity of thought.. India is fortunate to have a brilliant and pragmatic Principal Economic Advisor.. Always a pleasure to hear Sanjeev Sanyal... God bless him..

  • @anilksingh1974
    @anilksingh1974 3 года назад +36

    Mr. Sanyal is great guy, however, selecting a great guy is also a great thing....Well done Modi Gov

  • @dolamj
    @dolamj 3 года назад +40

    A goldmine of interview which needs to be acknowledged 👍👍

    • @arindamdutta9371
      @arindamdutta9371 3 года назад

      True. The fact that he has been advising our Govt for the last 5 years also needs to be acknowledged 🤬

  • @dealsisle
    @dealsisle 3 года назад +306

    This is the reason why a majority of Indians want BJP to govern India.

    • @aproksha
      @aproksha 3 года назад +8

      A party can choose any economic advisor..if he's that good, the next one in could get the same man..
      BJP is pretty bad at maintaining peace..

    • @rahulmn5908
      @rahulmn5908 3 года назад +60

      @@aproksha "BJP is pretty bad at maintaining peace.." I smell the rot of sickularism in this statement.

    • @SB-ur3cu
      @SB-ur3cu 3 года назад +14

      @@aproksha meaningful changes are supposed to stir some pots. It was political opportunitism that gave rise to this ostrich phenomenon of Indian Secularism, it is precisely brought in to permanently stay in a state of denial about the reality of a nation founded on one of the bloodest religious conflicts in human history.

    • @sumitstir
      @sumitstir 3 года назад +4

      Reforms require political will, economists alone cannot do shit

    • @jonsnow1055
      @jonsnow1055 3 года назад

      @Ea Sa Lol Modi has denied Chinese inflitration despite glaring proof for it. This shows his own weakness at admitting the truth. And our foreign policy was much better under MMS. We had the solid backing of Russia and distanced yet friendly relationship with the US. Now they support Pakistan and China more than before and US is as opportunistic as before.

  • @singhaniket0810
    @singhaniket0810 3 года назад +53

    Well read, knowledgeable and articulate Sanjeev Sanyal.. Always pleasure to hear him..

    • @TheZenith790
      @TheZenith790 3 года назад

      what has that done to the economy ?? nothing !

    • @singhaniket0810
      @singhaniket0810 3 года назад +4

      @@TheZenith790 When you sow a tree the fruits doesn't come the very next day

    • @wonderworld7721
      @wonderworld7721 3 года назад +3

      @@singhaniket0810 : bro, cheap politics, don't waste Ur precious time and energy !!..

  • @tejprakash3561
    @tejprakash3561 3 года назад +25

    I like Sanyal's overall economic vision. Great. Hope the PM shares it.

  • @bangbong1215
    @bangbong1215 3 года назад +110

    There are 2 types of Bengali intellectuals. One like this guy and the other poverty engineers like Amartya Sen. Unfortunately, the latter ones are much more prominent nowadays

    • @atanughosal01
      @atanughosal01 3 года назад +34

      Yeah ... the "poverty engineers" as promoted and upheld by the "Communist Intellectual" culture of Bengal. I just so wish that Bengal followed the capitalist philosophy since day one ....

    • @darkwolf8692
      @darkwolf8692 3 года назад +16

      @@atanughosal01 with their intellectual prowess if they focused on capitalism from day one instead of the communist bs , the state would have been a trillion dollar economy by now. As Bengal was the most advanced stte during independence

    • @atanughosal01
      @atanughosal01 3 года назад +13

      @@darkwolf8692 Absolutely correct ... instead they adopted to bootlicking of Lenin's and the Mao's of the world. Even worst at some point in time they even promoted Fidel Castro ...and now they have turned West Bengal into Cuba ....which otherwise could have looked like any other developing nations ...

    • @bangbong1215
      @bangbong1215 3 года назад +9

      @@atanughosal01 hope that happens. It wont just help Bengal but the entire eastern region. I am not sure how much long lasting damage has already been done by communist and quasi communist govts in almost 4 decades. Maybe this election will tell

    • @bangbong1215
      @bangbong1215 3 года назад +8

      @@atanughosal01 not just west bengal itself but the scourge of ultra left naxalites still affects the neighbouring states. The fact is Punjab in the north, Gujarat in the west or West Bengal in the east are the most influential states in the region. The mindset of people from these states rubs off on the entire region. West Bengal unfortunately has exported mainly communist and ultra left ideology naxalism in the entire neighbourhood over the last 4-5 decades . Hopefully this trend reverses and it plays the role it should have from the beginning.

  • @darwinianchimp2630
    @darwinianchimp2630 3 года назад +11

    Always a learning pleasure to hear Mr Sanyal.He is a fine example of an Indic Renaissance man.

  • @poojanpatel6000
    @poojanpatel6000 3 года назад +32

    It’s interesting what Sanyal says at the end, his car delivery was delayed because car companies estimated reduced orders due to pandemic and in turn reduced their orders of computer chips that go into a car. Now they can’t keep up.

    • @sujith3914
      @sujith3914 3 года назад +1

      Actually both are true, the shortage of computer chips have dented the automobile supplies across the world. But at the same time our automobile sales numbers have shown a rebound too.

  • @sidsarkar222
    @sidsarkar222 3 года назад +80

    Wonderfully put "I am sure I am breaking some of the rule by simply existing" :-)

  • @BindasBadshah
    @BindasBadshah 2 года назад +8

    Sanjeev Sanyal is best understood when you don't see him through any political party prism. As yourself this question, what part of his thinking you don't agree with? You might end up in single digit percentile? That proves my point

  • @siddharthrajdubey
    @siddharthrajdubey 3 года назад +30

    More people like him are required to put forth the government's perspective and it's roadmap.

    • @anarasi
      @anarasi 3 года назад

      The govt's roadmap is clearly to let thousands of people die from covid and blame the states and western media for everything.

  • @PrasannaKumarPeaks
    @PrasannaKumarPeaks 3 года назад +26

    Good episode!! And coming from SG's The Print, it was a breath of fresh air, a welcom change from his regular BJP/Modi/Agencies bashing!! Or from his regular, deliberate 'gloating over' the misdeeds of the Le-Li brigade!! 😅😅

    • @sbkr6694
      @sbkr6694 3 года назад +1

      I think you mean glossing over the misdeeds of the LeLi brigade

  • @testyoutube1plus186
    @testyoutube1plus186 3 года назад +32

    Indian economy is in safe hands. We will remember this period of history as a phase of excellent reforms which propelled India's growth...all thanks to Sanjeev ji

  • @hellojapan915
    @hellojapan915 3 года назад +42

    I hope Mr Sanjeev takes my question. Living in Japan, I extensively use trains for intra city travels. Many of the Tokyo's 2400k.m train lines is run by private companies. Do we see something similar happening in India in the future?

    • @keerthivardhan4327
      @keerthivardhan4327 3 года назад +2

      I wish the same.

    • @harshchaturvedi9507
      @harshchaturvedi9507 3 года назад +1

      It has already started, Although at a very small rate and only in certain cases

    • @AA-re8jd
      @AA-re8jd 3 года назад +11

      @Identity Hidden Headed by Yogendar yadav

    • @prashantp2029
      @prashantp2029 3 года назад +7

      Recently Piyush Goyal in parliament answered the same question, he basically said...they won't privatize it 💯 but they will open it for private players to invest...and both private and public services will run on same tracks...if people choose private serives over public with extra cash then... eventually private will takeover all the train systems in india

    • @atanughosal01
      @atanughosal01 3 года назад +5

      Hey ..thats not only in Japan .. thats a worldwide culture (except India). Here in US, Amtrack runs inter-state trains Government does not get into business of running trains. As Sanyal said "Minimum Government but maximum Governance" .. that should be our Mantra ..

  • @Bharath_007
    @Bharath_007 3 года назад +74

    I'm sure Even at this point of time im breaking some rules by simply existing 😂😂😂😂😂😂 @14:58

  • @SS-yg6jw
    @SS-yg6jw 3 года назад +3

    Thank god people like him choose to stay in India and make it better. He could have been a very rich person in the west.

  • @sidharthjain4004
    @sidharthjain4004 3 года назад +10

    The more i listen to Sanjeev's views, the more I want to listen. This guy really understands the workings of things and the unassuming ways of not forcing your own judgement on things is a breath of fresh air compared to the US based economists who tend to give platitudes rather than solutions.

    • @sujith3914
      @sujith3914 3 года назад

      What I feel is that the US based economists have started to only make statements based on their political inclinations. They are even making statements that are usually made by the left, how are they gonna help a capitalist economy with such thought process? Also, they don't think about the interests of our society, because they feel it doesn't affect them, like in the interview where it is mentioned about their view of funding the fiscal stimulus through rise in taxes.

    • @sidharthjain4004
      @sidharthjain4004 3 года назад

      @@sujith3914 well RRR has become more of a politician than an economist as he has changed most of his stances when this govt brings reforms. Abhijit Banerjee is a known leftist. Rest all are essentially just giving opinions that suits their own politics rather than any data based or nuanced statements. Thus, always better to ignore the people with no skin in the game

    • @sujith3914
      @sujith3914 3 года назад

      @@sidharthjain4004 Exactly my point, but seems this wisdom is lost on many people who put the likes of RRR and Abhijit Banerjee almost on reverential mantles. I guess that's just because they blindly oppose every move of the government and such behaviour fits the narrative of a faction of people. I had to listen to such stupidity in my office by people who didn't even know what they were talking about like experts 😂. Good that the government didn't buckle under such pressure and is promoting the likes of Sanjeev. I am sure there is a big team behind all these efforts, would like to listen to others as well.

  • @rdnyansagar
    @rdnyansagar 3 года назад +25

    38:00 API- Active Pharmaceutical Ingredients

  • @nitinkumar-ek6eb
    @nitinkumar-ek6eb 3 года назад +33

    A person who understands economy should b Interviewing a scholar of such high intellect like Mr Sanyal

  • @hiddendname
    @hiddendname 3 года назад +9

    This was one of the few good interviews gupta ji had precisely because he was speechless for most of the time.

  • @shreyaslahoti7542
    @shreyaslahoti7542 3 года назад +6

    Sanjeev Sanyal is a blessing. Thank you for having this interview. 💗

  • @bsanyal374
    @bsanyal374 3 года назад +19

    Shekhar once commented the BJP has no intellectuals of the cadre Congress has. He is right. BJP has much better intellectuals. They dont shy from bringing in non-family intellects from all over the 🌎. Interestingly, the questions being asked, are they truly from Print? Anyway, great response and well articulation. 👏👏👏

  • @hanumeshrao3664
    @hanumeshrao3664 3 года назад +44

    After seeing sanyal name I am here very informative 👍👍

  • @puru2652
    @puru2652 3 года назад +25

    Shekhar is clearly out of depth here. He shouldn't be interrupting Sanjeev so much

    • @udaykiran9853
      @udaykiran9853 3 года назад +14

      He did a much much better job than Jyoti Malhotra tbh 😄

    • @puru2652
      @puru2652 3 года назад +2

      @@udaykiran9853 Agree!!

    • @atanughosal01
      @atanughosal01 3 года назад +5

      @@udaykiran9853 Jyoti is worst ... but that said almost all of these journalists has this irritating habit of interrupting while on a discourse ...including (but not limited to) Karan Thapar. These guys feel that their audiences are total idiots, and get paranoid so much so that, that they start to interrupt in the name of "de-cluttering"

    • @udaykiran9853
      @udaykiran9853 3 года назад +1

      @ I thinking Mr. Sanjeev Sanyal is here for talking more about Political Economy and not hardcore Economy like bond yields etc. So, I'm okay with the type of questions asked. 👍

    • @harshitj.3455
      @harshitj.3455 3 года назад +2

      @@atanughosal01 Thapar feels that he Is grilling people by interrupting them When they answer 😂😂

  • @rahulraja00
    @rahulraja00 3 года назад +30

    Maja aa gya...enlightened conversation 👍

  • @slamcan2k
    @slamcan2k 3 года назад +13

    Thank you Mr Gupta and teh Print for bringing us such a compelling and incandescent conversation.

  • @utubetruthteller
    @utubetruthteller 3 года назад +19

    What an interview it is, i got a very good economic lessons today

  • @sujoyroy3157
    @sujoyroy3157 2 года назад +2

    Sanjeev Sanyal is the true blue intellectual Bengali of yesteryears....Practically all pragmatic intellectuals like him have left Bengal thanks to the jungleraj politics in WB perpetrated by both the left and TMC. He is not just an economist. He is a pragmatist and we need more of him.

  • @sbkr6694
    @sbkr6694 3 года назад +4

    This is the best interview I have ever seen. Mr Sanyal is awesome. Thank you Print for this interview.

  • @janlhab2329
    @janlhab2329 3 года назад +6

    For a change GuptaJi is letting someone else speak.. which is the first thing since this channel he has done correctly. Please continue this trend. Thanks !

  • @kallachi729
    @kallachi729 3 года назад +3

    Good programme, this off the cuff where different people speak on different matters (and sometimes on same matters) at different times, answer different questions from the same anchor at different places.
    All relevant points were brought forth. One point for me stood out. I recall the daily briefings by President Donald Trump during the peaks (in different parts of the US) of the pandemic in the USA. I was in NY in those days. When the peak was seemingly subsiding in some parts of the USA, President Trump wanted everything to come back to normal at the earliest. He asked Dr, Faucci to explain the time table. The opening statement of Dr. Faucci was that "We can’t switch back to normal at the flick of a switch. It will be gradual . ..." and then he went on to detail the process.
    Getting back to India and to a system of minimum government and maximum governance as discussed here, can’t happen at the flick of a switch. So also various other reforms. Hopefully India will slowly graduate from an enforcing state to a deregulated state. The process has started. Are we ready? For, in a deregulated state the onus of governance will be more with the people than with the state. It is then more than ever every Indian will be tested on traits like honesty, integrity, sincerity etc…
    Tail piece: It is time “We the people” assume our responsibilities for minimum government and maximum governance. What we do will matter more than what we wear.

  • @anilshandilyaa
    @anilshandilyaa 3 года назад +5

    One thing i like to share about the Sanjeev sanyal, despite being an Erudite ,he is most humble perosn
    I follow him on Twitter since 2015 and he replies ,get in conversation even with common folks,if the query is genuine

  • @ifIwillu
    @ifIwillu 2 года назад +1

    Thank you Sanjeev. I'm close to being senior citizen. . I'm happy to see such brilliant young people you.
    I also want your thoughts on educationcal reform. The future is with the youth of our great country

  • @grandcanyon1000
    @grandcanyon1000 3 года назад +16

    You are the economic advisor to the present government, and a history book, with such deep knowledge of Indian history from prehistoric times, to the freedom struggle & after. We all know how false are the history text books in our education system. Will the present government take up the correction of these false stories ?

    • @AA-re8jd
      @AA-re8jd 3 года назад +6

      He is not in history department , also gov is changing the books , This gentleman said that first change narrative, books will be last to come

    • @edytha2090
      @edytha2090 3 года назад

      lol

  • @pankajbadola
    @pankajbadola 3 года назад +11

    I like his oratory and knowledge of problems pending to be solved in Govt sector

  • @kalmegh1473
    @kalmegh1473 3 года назад +4

    Hats off to you Sanyal Sir!
    This video should be dubbed in Hindi and all the other bhartiya languages for better outreach.

  • @ravitejamanepalli4098
    @ravitejamanepalli4098 3 года назад +3

    India is proud of people like Sanjeev Sanyal... we managed ourselves lot better than other economies, hope fully we will reach 5 trillion economy,
    very interesting to see Sekhar Gupta taking back seat and let him talk, pinnacle of journalism

    • @jonsnow1055
      @jonsnow1055 3 года назад

      5 trillion? XD. It will take 10 years or even more. Best focus on smaller achievable targets.

  • @soumanchanda
    @soumanchanda 3 года назад +3

    It is always so enlightening to listen to Sanjeev Sanyal. Do hold once a while interview with him on various issues.

  • @rupayanb
    @rupayanb 3 года назад +4

    Thanks Print for this interview. Shekhar posed the searching questions to bring out Sanjeev's eloquence in clarifying various Government's reforms. 🙏

  • @vodanor4997
    @vodanor4997 3 года назад +9

    Amazing session. Great line of questioning.

  • @chittu42
    @chittu42 3 года назад +3

    Many thanks Shekhar for this exciting & positive interview. Sanjeev is an outstanding talent in India

  • @rushi9154
    @rushi9154 3 года назад +11

    API: Active Pharmaceutical Ingredients

  • @deepjyotibhattacharjee4582
    @deepjyotibhattacharjee4582 3 года назад +17

    I am Late I would have liked to ask about cryptocurrency

  • @arnabkl4
    @arnabkl4 3 года назад +3

    Superb interview. Shekhar Gupta in vintage form, and Sanjeev Sanyal is incredibly erudite and articulate. Got a great lesson in economics today.

  • @vivekgusain660
    @vivekgusain660 3 года назад +4

    It's really amazing to hear this discussion! Amazing. Sanjeev Sanyal , what a gem of person , truly inspiring and interesting to hear.

  • @sarmisthasarkar8859
    @sarmisthasarkar8859 3 года назад +2

    This is what makes me a proud subscriber of The Print! An absolute joy to listen to Sanyal and S.G! Abar hok!

    • @jonsnow1055
      @jonsnow1055 3 года назад

      @Arbind Singh Everyone is biased. No one is completely neutral but Sg tries his best to remain neutral. Do you think Doorrnob BhowBhow tries to be neutral or well behaved??

  • @sureshnanda5211
    @sureshnanda5211 6 месяцев назад

    Dr . Sanjeev, My grand salute to you for your progressive thinking.All my good wishes in your endeavours. Thanks. Suresh Nanda, Delhi.

  • @AbhishekTiwary
    @AbhishekTiwary 3 года назад +3

    Privatisation is the only solution. Private people are also Indian, they are not Chinese or Pakistani.
    Only Youth can transform India not government.

  • @sumitar2
    @sumitar2 3 года назад +3

    We are lucky to have such a smart economist in the government

    • @ABhattacharya
      @ABhattacharya 3 года назад +3

      One of the rare RW economist from Bengal.

    • @sumitar2
      @sumitar2 3 года назад

      @@ABhattacharya we have tried LW policies for too long, about time for RW economy

    • @ABhattacharya
      @ABhattacharya 3 года назад

      @@sumitar2 I agree.

  • @kushpalsingh903
    @kushpalsingh903 3 года назад +25

    Registration for Udhyam is very simple, based on Aadhaar OTP.

  • @CHUTZPAH-y7t
    @CHUTZPAH-y7t Год назад

    Mr. Sanjeev Sanyal is a brilliant economist, no doubt...❤️ He is a rare gem among all the left inclined Bengali economists ..

  • @sumitgopal4501
    @sumitgopal4501 3 года назад +3

    This conversation allowed us a peek into the brain of this government and know how and what it thinks.

  • @jigarmehta4992
    @jigarmehta4992 3 года назад +2

    One of the best off the cuffs!! This guy knows what he is talking!!

  • @subbarayalujayapal195
    @subbarayalujayapal195 3 года назад +3

    Excellent Mr Gupta. I love this off the cuff. I too look forward to hearing again from you both.💯👌

  • @darkbeat9242
    @darkbeat9242 2 года назад

    Sanjeev Sanyal is India's most pleasant intellectual to watch and listen.

  • @rakeshkumar-mo4ev
    @rakeshkumar-mo4ev 3 года назад +7

    Very interesting useful and informative interview, raising hopes for the future. I expect more such talks from Print.

  • @pangrula
    @pangrula 3 года назад +2

    It was very soothing to listen sanjeev ,in-between all fumble in the jungle in maharashtra and Bengal

  • @chandrakantshanbhag3058
    @chandrakantshanbhag3058 2 года назад +1

    Mind blowing DISCUSSION.Am proud that an ECONOMIST like*SANJEEV SANYAL* looking after the ECONOMY of BHARAT.

  • @tejprakash3561
    @tejprakash3561 3 года назад +3

    An excellent exposition of his views, with one exception--his snide dig on Indian economists based abroad on their views on tax increase. Surely, he has better arguments than that.

  • @arnett8538
    @arnett8538 3 года назад +6

    Investing in crypto is the big chance of making money💵 now especially the current rise

    • @aleksanderjan427
      @aleksanderjan427 3 года назад

      Despite all the economic crisis this is the right time to start up an investment

    • @davispeterson5978
      @davispeterson5978 3 года назад

      Crypto is the new gold!

    • @user-vr2qc7gb5u
      @user-vr2qc7gb5u 3 года назад

      I wanted to trade crypto but got confused by the fluctuations in price

    • @user-jk8xh1lj1e
      @user-jk8xh1lj1e 3 года назад

      That won't bother you if you trade with a professional like Mr Williams

    • @user-qx9ll4xt4t
      @user-qx9ll4xt4t 3 года назад

      I heard that his strategies are really good

  • @jaideepc786
    @jaideepc786 3 года назад +5

    Very encouraged listening to Sanyal interviewed by the master himself. Modi govt needs praise for having such high quality thinkers. Unfortunately the press only highlights the likes of AS or RR, their intellectual genius fully granted, and few others, who become 'xtra wise' after leaving the system and do precious little when they were part of it. The issue of internal H1B was superbly articulated, that Haryana, JKH would loose business, greater the restrictions and conditions they introduce to encourage ATM Ministers take their lard.
    Dip into the concept of bio-mimicry..
    Why did the Savannah become a haven for wild life?
    Why is Brazil the Earth's biodiversity champion. Between the Amazon rainforest and Mata Atlantica forest, Brazil leads the world in plant and amphibian species counts.
    The single most important reason is that these places provided max facilities in terms of foliage, juicy grasses, moderate climate to allow ease of business to animals to live and procreate and increase their numbers.
    Does this principle not apply to theory of animal spirits in the economy?
    A great pleasure watching this OTC episode.
    Best wishes.

  • @ganesha9903
    @ganesha9903 3 года назад +12

    What are your views on indian history..don’t you think the government should revise it

  • @sp___183
    @sp___183 3 года назад +1

    Listening to Mr. Sanjeev Sanyal is always such an enriching experience. Thank you Print for this all-encompassing hour long interview which was highly informative and capable of initiating discourse among the general public of India

  • @sundarraman6206
    @sundarraman6206 3 года назад +1

    Very well informed man.. With a wide range of interests and speaks well.
    Indian government needs more advisors like Sanyal..

  • @mehappym
    @mehappym 3 года назад +3

    Shekhar Ji ,This will go down as one of your best.

  • @suman5316
    @suman5316 3 года назад +2

    Extreme happiness watching this. After a long time pure content. Thank you Shekhar Ji

  • @DineshSharma07
    @DineshSharma07 3 года назад +16

    शेखर सर, इस भेंटवार्ता के लिए आपका आभारी हूँ.

    • @DineshSharma07
      @DineshSharma07 3 года назад +5

      @Lightening Emperor मुझे तो लगा कि मैं काफ़ी सरल लिख रहा हूँ. आपने मेरे चक्षु खोल दिए हैं.

    • @DineshSharma07
      @DineshSharma07 3 года назад +1

      @@karthika560 Interview

  • @bhatasuj
    @bhatasuj 3 года назад +4

    Super clarity of thought. Awesome conversation

  • @pa1j43
    @pa1j43 3 года назад +2

    Mr.Sanyal makes a point that we need to look within for true wisdom and learn from the great civilizations we evolved.

  • @pranavtetali7053
    @pranavtetali7053 2 года назад +1

    He is a brilliant man but our economy has done quite badly since he has become an advisor in 2017. I see that he talks more about history than economics. Hopefully, the economy recovers in the next few years.

  • @soumya-k-lodh
    @soumya-k-lodh 3 года назад +1

    Enlightening insights by an amazingly talented and proficient Public Servant. Proud of Shri Sanjeev Sanyal.

  • @sakshiarya9904
    @sakshiarya9904 3 года назад +1

    Omg..what an interview.. मन तृप्त हो गया

  • @pratikmirgane333
    @pratikmirgane333 3 года назад +14

    Great interaction and enriching session👍 Thank you Print and Mr. Sanjeev

  • @payelghosh9421
    @payelghosh9421 3 года назад +1

    Liked the way he said " that is a more complicated question".. when asked whether private cooperatives be allowed to run banks.

  • @BallyBoy95
    @BallyBoy95 3 года назад +4

    Sanjeev Sanyal is such a blessing to India. I wish him the most success. He is able to articulate what I'm always thinking but cannot put to words. Keep up the good work!

  • @ananya1786
    @ananya1786 3 года назад +2

    excellent perspective
    thank you ThePrint

  • @paliath100
    @paliath100 3 года назад +5

    Excellent interview. Learnt a lot.

  • @pkm7776
    @pkm7776 3 года назад +1

    Off The Cuff is the highest quality content by any interviewer.

  • @harisharma4211
    @harisharma4211 2 года назад

    I really liked this multidisciplinary oriented topics discussed in a competent way. All young and upcoming citizens should view this presentation.

  • @harshp3439
    @harshp3439 3 года назад +2

    Thoroughly enjoyed this interview

  •  3 года назад +2

    Amazing job, and we need more Technocrats on ThePrint !!!

  • @mihirgmail
    @mihirgmail 3 года назад

    It was absolutely heartening to listen to a Pundit like Sanjeev Sanyal elaborating on the state of Indian economy so succinctly & effortlessly.
    Shekhar ji, Kudos to you for getting us this program. Cheers ! 👍

  • @ninadoak
    @ninadoak 3 года назад +1

    What a remarkable interview. Very clear and thorough discussion on financial policy making.