@Siddharth Sriram 😂 Half of your data is Outright FALSE, (1)Inflation 2014-11%,in 2023-5.2%,(2)Unemployment in 2014- 8.3%,in 2023-7.4%, (3)FDI in 2014-$45.5 Billion, in 2022-$ 84.8 Billion USD, (4)Nominal GDP- 10th in the World, $ 1.8 trillion,In 2022- $ 3.5 Trillion USD,Rose to 5th Place,(5)Per capita in 2014-$1,270 USD, in 2023- $ 2,609 3rd Highest in South Asia only Behind Maldives and Sri Lanka, (6) Startups& Unicorns in 2014-500 and 5 Respectively, In 2022-90,000+ Startups and 114+ Unicorns receiving Investments worth $ 350 Billion USD,(7) Internet Users- In 2014- 80 Million, In 2022, 840 Million+ Users, 2nd Highest on the Planet, And Has the Cheapest Internet rates on the Planet (8) Smartphone Users in 2014- 48 Million, in 2022- 640 Million+, Cheapest Smartphones on the Planet thanks to Made-in-India Smartphones (9) Exports in 2014-$ 440 Billion 20th in the World,in 2022-$ 770 Billion Dollars, 8th Highest in the world,(10) Infrastructure Projects -(a)Highway Construction between 2005-14- 25,000 KM, Between 2014-2023- 51,000+ Kilometres, (b) 2 Expressways in 2014, In 2022- 12 Expressways,with 25+ Under Construction, (c) Railway Electrification in 2005-14, Only 4K kilometres, Bt 2015-2023- 28,000 Kilometres,(d) Operational Airports in 2014-74, In 2022- 148+, and 20+ Under Construction,(e) Operational Metros In 2014- 5 Cities, In 2023- 21 Cities Operational and 7+ Under Construction, (f) New RRTS Corridors, New DFCs, World Class Vande Bharat Trains, Bullet Train project etc (11) GDP PPP in 2014- $ 5.4 Trillion USD, in 2023- $ 13.2 Trillion USD, (12) PPP Per Capita in 2014-$4,000 USDs, In 2023- $ 9,100 USDs, (13) Poverty in 2014-24% , in 2022- 6-10%, Extreme Poverty in 2014- 12%, in 2022- 0.68%, (14) Number of Billionaires in 2014-40,75% are Inherited, in 2022- 200+, 88% are SELF-MADE ENTREPRENEURS
😂 Half of your data is Outright FALSE, (1)Inflation 2014-11%,in 2023-5.2%,(2)Unemployment in 2014- 8.3%,in 2023-7.4%, (3)FDI in 2014-$45.5 Billion, in 2022-$ 84.8 Billion USD, (4)Nominal GDP- 10th in the World, $ 1.8 trillion,In 2022- $ 3.5 Trillion USD,Rose to 5th Place,(5)Per capita in 2014-$1,270 USD, in 2023- $ 2,609 3rd Highest in South Asia only Behind Maldives and Sri Lanka, (6) Startups& Unicorns in 2014-500 and 5 Respectively, In 2022-90,000+ Startups and 114+ Unicorns receiving Investments worth $ 350 Billion USD,(7) Internet Users- In 2014- 80 Million, In 2022, 840 Million+ Users, 2nd Highest on the Planet, And Has the Cheapest Internet rates on the Planet (8) Smartphone Users in 2014- 48 Million, in 2022- 640 Million+, Cheapest Smartphones on the Planet thanks to Made-in-India Smartphones (9) Exports in 2014-$ 440 Billion 20th in the World,in 2022-$ 770 Billion Dollars, 8th Highest in the world,(10) Infrastructure Projects -(a)Highway Construction between 2005-14- 25,000 KM, Between 2014-2023- 51,000+ Kilometres, (b) 2 Expressways in 2014, In 2022- 12 Expressways,with 25+ Under Construction, (c) Railway Electrification in 2005-14, Only 4K kilometres, Bt 2015-2023- 28,000 Kilometres,(d) Operational Airports in 2014-74, In 2022- 148+, and 20+ Under Construction,(e) Operational Metros In 2014- 5 Cities, In 2023- 21 Cities Operational and 7+ Under Construction, (f) New RRTS Corridors, New DFCs, World Class Vande Bharat Trains, Bullet Train project etc (11) GDP PPP in 2014- $ 5.4 Trillion USD, in 2023- $ 13.2 Trillion USD, (12) PPP Per Capita in 2014-$4,000 USDs, In 2023- $ 9,100 USDs, (13) Poverty in 2014-24% , in 2022- 6-10%, Extreme Poverty in 2014- 12%, in 2022- 0.68%, (14) Number of Billionaires in 2014-40,75% are Inherited, in 2022- 200+, 88% are SELF-MADE ENTREPRENEURS
Normally if there is an international report which is negative or harsh for India, it gets covered immediately. Why are you ignoring Morgan Stanley report ? And still call yourself a journalist ? That too with adjectives like un-hyphentaed etc. Admire your courage Guptaji. You can jump into politics at any time now
Dear SG; shouldn't the GDP growth rate be discounted by (1) Inflation rate AND (2) population growth rate; BOTH; to get a real sense true growth? Please enlighten in your Q&A.
Brilliant job by the Modi government in the past 9 years. Hope this momentum is not broken by people falling for freebies in 2024. This is India’s moment & we can’t afford to be derailed again like 2004. Let’s unite for a Bharat that’s rising from the ashes 🇮🇳
If YOU want more andhbhakts instead of scientific reasoning keep on BJP/RSS If you want the father of the Nation to be Savarkar instead of Mahatma Gandhi keep on BJP/RSS If you want more of religious polarization keep BJP/RSS If you want more Indian assets to go to the crony keep BJP/RSS
@@mg.f.9023 if you want more of Muslim appeasement and only Muslim apeaseent and no Infra you can keep congress if you want more infra, more airports, more roads, more bridges, more tunnels, more digital economy growth, more manufacturing, strong army, etc, go for bjp. congress witnessed hundreds of riots and yet call others communcal
BJP failed in many aspects but they did really well in roads, digital payments, rural drinking water, rural electirification, toilets, LPGs for women, railways etc.. they should not have buckled down on farmers protest that is very much needed bill after green revolution for farmers. BJP's current move for cooperative grain storage will be the best thing in recent years.
Hopefully they look at electricity pricing and cross subsidization next. The purchasing-power-adjusted cost of electricity for industrial consumers is more than double of what Chinese companies pay; US firms only pay a sixth as much as Indians.
And integration into global bond markets. Getting access to lower interest rate foreign lending would be huge for India. One of the big reasons private investment hasn't been increasing consistently is because of the "crowding out" effect. All the government investment in infrastructure is great, its good for India's long term competitiveness and creates a lot of jobs but it also sucks a lot of capital out of the financial system. Why would I give a loan to a private company and take on some risk when I can loan that to the government instead with the knowledge that they will always pay it back? That's why injecting more capital into India through bonds is necessary. But there's also an additional benefit. It would also give the government more options for loans which would decrease the rates they have to pay. This means it would also help reduce the deficit problem Mr. Gupta is talking about. Lack of foreign capital and FDI has always been one of India's biggest issues when it comes to development. Its finally starting to change but there's still a huge opportunity for this to grow. FDI into China reached a peak of 6.3% percent of GDP in 1993.
A lot of people talk about 2003-2008 stellar growth forgetting that even sub saharan Africa and lawless countries (one in neighbourhood also) grew much more in this time during the liquidity boom. Relatively, we are doing much better now. Best part is humongous infra upgrade which will bring logistic cost to improve our competitiveness. If UPA had used money in improving logistics, we would have benefitted from China plus 1 so early and big way. Hopefully NM will keep the momentum growing on this front and avoid phony growth of post GFC in 2009-2012 built on debt binge of phone pe loan scheme, which stymied growth in subsequent years.
Exactly, that's what I am trying to explain to so many Friends who were impressed by 10 % growth rate in Manmohan Singh Era and calling NM "anpad PM". Well, I believe, If COVID would not have hit us, we would have been in much batter position.
Most people don't know that Rajan wanted to introduce Rs. 10,000 notes as he was expecting hyper inflation because of Congress' various scams & bank scam loans!! Congress is Brown British poison!!
Jump in fiscal deficit was mostly due to the hidden FCI deficit which they bring in GoI balance sheet. Govt has announced they will bring back the deficit to below 4% by 2026 and they are meeting the budgeted target, that is good for the long-term health of the patient.
@@loki2259 u think it looks cool but little you know is you are making fool of urself bcoz it means your eyes were close till 2014 and was blind before it … stupid
Mishandling The economy Given all Nation's assets to one person Increased Fuel & gas prices beyond the reach of poor Introduced religion in politics rather promoting science Manufactured andbhakts instead of skilled youth!
@@mg.f.9023 we're the fasted growing economy period, and we achieved that feat 7 times for past 9 years, and these were the only years since independence that we were ever fastest growing economy. let the sink in
@@mg.f.9023 lol you got into the trap of dhruv and the likes kid. Study what privatization does to a government entity. Read more. Grow up from those irrational arguments.
Last line of vlog is itself tells the successful modi policy..... Tight slap to raghuram type economist continuously shade tears..... 2024 only BJP.... No one near by miles
Raghuram rajan knows if congress wins he can easily become the FM or even the PM, as Gandhis rule through proxies. Its a low effort way to have some stake in politics. Full time politics is not for him, the US is just too comfortable.
@@AP-do6sv I don't think that's entirely fair. Did he become increasingly bitter and partisan after leaving the government? Absolutely. But he is still a highly talented and respected economist. No mere political hack could reach the position he did at U Chicago. I totally disagree with his view on India's investment in manufacturing (and so do many other talented economists). And I suspect many of his predictions will turn out to be false. But a few might turn out to be true as well, so it still might be worth at least considering some of his arguments. After all, there is no value in listening to others telling us what we already believe.
@@JohnSmith-vn8dm an economist whose predictions mostly will turn out to be false because of the person not thinking impartially of the economic situation is worth no value to aociety. The ability of raguram rajan is not in question but his credibility certainly is...
Raghuram rajan is internally fighting between his rational economical thoughts and political thoughts. Let's say if Congress comes in 2024, immediately within a year he will paint a picture that everything is rosy in India. Let's not forget that the loans given and which turned to NPAs were during his tenure
Kudos for a simplified and effective exolantion by Shekhar that practically no other person can do. A common person can easily understand and Shekhar does a terrific job here !
SG, fantastic CTC. Very well explained SG, the economists Indians sitting in USA should listen to this CTC. Modi Govt should be appreciated and we should wait for the next 2 quarters.
As soon as they leave the sovereign high posts, no one in academia, international agencies and markets seem to want them. It's almost like their whole charade is about getting access to Indian data and markets.
B h a k t h s and their boss modi dont like people like raghuram rajan, Bimal jalan, Ranga rajan.... they prefer baba ram dev, historian RBI chief (I cant even recollect his name) and demonitization expert Gurumurthi for economic advice. No wonder we are in such a mess
@@MathewJohn-gj5xn could you explain why RR wrote the paper "Make in India, Make for India" and now walks back on the recommendations without retracting his white paper?
@Dk Raghuram Rajan has an axe to grind against Modi since he was let go from his job as RBI chief. And he has been constantly associating himself with RaGa. So anything he says about Indian economy is biased and cannot be considered 100% objective. It seems like he has some political ambitions.
@Dk funny thing is Stats disagree with Raghuram, he was the one who took indian Banking to abysmal level .In 2015 all the bank were in dire position yesbank, p n s bank were example. During his tenure inflation was regularly above 10% level. Most of the Finance people feel he was literally the worst Rbi governor.
UPA’s Fiscal deficit was lower due to fudging of accounts by keeping fertiliser subsidies deferral, FCI food subsidy parked outside, IT refunds withheld etc. Shekarji please delve deep into figures with the help of your domain experts. Otherwise the presentation is good.
This is just the beginning after the historic pandemic.. 5 more years for this government and India will be on its way to be the next Economic Superpower.
0:36 The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference
Imagine if we had not lost the 2004-2014 decade to horrific mismanagement of the country and economy, we would have already been in the top 3 economies of the world.
@@mental9453 what was net growth minus inflection in 2004-2014 ? Growth fueled by sheddy telephone loans damaged banking sector health. It was cancerous growth.
Watching Gupta ji and his CTC is now a daily chore. I travel each day to my job destination by train and my best friend on this journey is SG's CTC. Thanks for the simplistic explanation. Keep it up Sir, you and your team....!
For that i think one senior economist mentioned it build lots of factories thats the only way, services can only employ only fractions unlike what that idiot rajan is saying.
manufacturing base actually takes decades of work behind it , regulatory processes, government policies and foremost trained labour , government has done quite a few good work like these PLI schemes , and ease of doing business has improved, much more needed , and most important trained labour , in training labour it takes time , in next 10 yrs I just want to see manufacturing base established ,
Long journeys are the best you know and when it comes to an end you will see our young people become like american teens disconnected from the outside world , I hope i die before seeing that day .
All said and done, this country may have millions of problems, but ever since the 1991 reforms, no matter who's in power, they're really scared of doing something that might end up screwing up the economy....there's a heavy political price to be paid and that's a really good thing!!
Congress already on job with Karnataka won they are spreading other states and target 2024. Muslim Christian plus uneducated hindu look for freebies vote Congress and very shortly we will be like Pak srilanka all the best group not interested in self reliance
@@yogeshbabu9942 Self reliance won't fix a current account deficit which is what Pakistan and Sri Lanka faced. They faced this problem because as with India, there is no other choice but to import energy. This region just doesn't have those natural resources. So you will always have to import something which will give you a current account deficit. The solution to this problem is Make in India. But Make in India is the opposite of self reliance. To make things, you will need to import components. And you will need to export the final product to other countries to get currency. So this increases your dependence on the rest of the world. Self reliance makes sense in places like the defense sector, but outside of that it will just make your economy smaller. Isolationism doesn't work.
@@JohnSmith-vn8dm that's what pli apple assembles and some components manufacturing may be produced in India long term my heart is hurting India funeral is near from Freebies Karnataka 15% + 20% total 40% budget Freebies 😅 India 140 crore people death is near central budget needs 50% to give out Freebies craziness tax electricity burden loans no development revenues investment etc Skill education money salary from
Nirmala-Modi team is delivering well. Managed pandemic and economy very prudently. All pundits were telling to print money but they came up with plan of free ration to 80 crore people. Good job!
Basically Ukraine War disrupted Manufacturing and they experienced two quarters of degrowth. But now that supply chains have settled down, manufacturing is growing again. That's what it seems like? But ya, Govt can sweeten the deal by pressuring State Govts to reform laws and notifying pending laws.
At the simplest level, GDP = C+I+G+(X-M). The growth is primarily coming from I and G (i.e., Investment & Government spending). These drives indicate higher confidence in the future of the economy. However, "G" is not a sustainable source of growth. C, i.e., Consumption is a more VISIBLE indicator of the state of the commoners. A stagnant "C" is NOT BAD (but it is NOT GOOD either). X-M, aka net exports, is a challenge for any Govt. Exports exceeding imports are a desirable situation, but the context matters. It is only positive for natural resources rich economies or world factory economies like China and Germany. The US tops in the trade deficit.
After all the sneering and mocking of Nirmala Seetharaman by the "world famous" economists, she is having the last laugh!!! Wisb someone will have the humility of acknolwedging that...
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
@HoklampdOndamnc Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
@@EricZachary-om7hf Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
That will happen when people and political parties accept good economic policies like farm reforms, labor reform, integration with global financial flows, lower tariffs and trade deals, etc. Basically you need to make India an attractive place for businesses to invest.
A lot of Modi haters (basically indegenous culture haters) wish India went poorer just to get rid of present government. It simply shows how much hatred they have yet claim to be doing muhabbat ki dukan. Good that they can keep dreaming. If govt has gone ahead with mainstream economists during pandemic, we would have been closer to Pakistan. If you look at avg growth, we are doing far better relatively than ever in modern history.
That thapar is a legend, dad responsible for the defeat of 1962, sister responsible for botching history books and the son responsible for single handedly delaying a crucial flyover in delhi for his comfort. Yet is followed by millions.
BTW the 19-20 Fisc deficit growth was because the government brought in all the accumulated off balance sheet bullshit on the books.... If you calculate the UPA deficit with all these cleverly hidden liabilities it was closer to 6%
For fiscal deficit the Govt has given a glide path that takes into account smooth reduction over the years ensuring it has a hedge in case of any unforeseen issues as also not rocking the boat too vigorously. Economic Editor could have advised to refer to that to complete the picture. Very Good effort.
Disagree on 5 and 6 . Private debt corporates has clean balance sheet after long time . 6 actually inequality has decrease during covid and an IMF paper came out . India needs to increase the pie for a decade and then redistribution can kick in
1 is due to 2. Infrastructure is being built. Inequality is a part of growth - we can all be dirt poor and getting rice donations from US or admit to Ambani in Antilla and poor receiving welfare. You can't sustain a welfare system without Capitalists. Which is why Russia from Yeltsin and CCP from Deng era onwards practices Chaebol oligarchy. Private debt is good for the economy. Budget deficits in most developing countries is higher by far. As long as it is well managed it is no worry. Labour and Land Reforms have been stalled due to Andolanjeevi. What can be done?! India isn't Canada or China to beat up and freeze all such people bank accounts and put them in jail.
Just imagine what Congress would offer from its success in Karnataka. Modi would be under tremendous pressure to offer freebies, which is likely to hit deficit. Nevertheless, Modi government has been fiscally prudent over all and I think it also handled Covid Economy much much better than countries like America where cash distribution led to inflation raising by 4 times.
Shaktikanta Das > Michael patra >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Raghuram Rajan 😊
I watch Ravish Kumar, and sometimes I feel frustrated with our government and concerned about the state of our country. However, when I see CTC, I realize that positive developments are also taking place in our nation. Perhaps the patient is in good hands?
Watching others is good but one should always try to read the data and draw own conclusions. As for watching Left-Liberal journalists I think BDutt is a better choice because she both interviews and presents data better than RKumar who preachily monologues too much.
Ravish is a mentally ill & deranged since Modi govt came to power. Look at his reporting pre & post 2014. You’ll see the difference. He’s a know congress guy & his brother fights elections on Congress ticket who has alleged rape charges against him.
It's intriguing how people are still obsessed with RR, and what he thinks and says. C'mmon, he was just an RBI governor for a term, just like any other RBI Governor. There is nothing special about him. If we really want to talk about him, why not also talk about his predecessors and successors and find out what they have to say?
Sheer luck for Socialist Khangress, Foxconn has Announced that it IS going to MAKE-IN-INDIA APPLE IPHONES AT a NEW PLANT Under Construction in Bangalore, Which was Finalized by the BOMMAI GOVT. and Khangress Mocked Bommai for not having PROOF, Now Khangress is Taking All the CREDIT after Foxconn Announced that it will start Manufacturing 20 Million iPhones by April 2024 Today morning
this is gold! i always never able to understand the economic data. people pro government tells economy is growing and cynics tell otherwise. I would really like to understand political point of view of economy
"Looks like the patient is in very good health" - good one. But, India was never a patient! I am happy to watch this fair presentation of India's economic health. Kudos to India, Team Modi and to you!
Government spending shouldn't be seen from Quarter to Quarter, it's an year long GDP number. Hence, Government Spending should be seen Year on Year, in which case, the rise of Government Expenditure is merely 1%!
Manufacturing needs to have better connect between policy and intent.. that is giving policy support and then taxing heavily doesnt go together. Also petrol and diesel prices should now be deregulated again.
Thank you for a Penetrating Analysis! Balanced and informative as usual! I wish you could drill some sense into our International traveller who sells love abroad!
Thanks. Very valuable to have such information. I particularly like how you used your saliva to turn the page.😊 made you a real trustworthy person in my eyes 🙂
Just trying to understand the factors here. A.B. Vajpayee's govt was known to spend big on capex there's a fiscal situation which PM Singh inherited he consolidated it in the first term. In the second term of UPA after GFC & eased out lending the deficit again rose up contained by Modi govt's first term. In the second term it increases again after Covid. How different would the fiscal deficit chart could be amongst the previous two decades
Importing crude from Russia at discounted price ought to be attributed to this figure as well . India ought to be inviting big manufacturers from outside , Tesla etc to make cars without too much precondition/ s .
Dont want cars. Want lithium manufacturers, giga factories, semiconductor foundries, pharma ingredient manufacturing, etc. For the rest of the things ecosystem will get created.
Many economists have their own opinions but they tells some positives and Negatives. But Indian gold medalist R Rajan always filled with hate and negativity. Unfortunately media gives him too much visibility.
well done shekhar...what i like about you is you don't criticise for the sake of criticism...unlike other lutyens media like WIRE who do not see anything positive in the last 9 years...!!!!!!!
Great analysis and very well explained. Patient should continue to be governed by Modi in 24 as we have turbulence in Himalaya, waters, indo pacific. Hope for no war, but if it has to happen it should be between superpowers as we still are a patient!
very well explained shekhar......even a layman can understand what are the positives and what are the negatives...thanks for this very educative peice....
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Shekhar ji, please ask your team to make graphics and should be shown in 3D image along-with your video so that graphics can remain there for longer period for people to understand.
Only good pointer out of it is core inflation, getting back to normal, services sector growth is positive, but for me worrying is india's growing cad, export is decreasing which is worrying sign
Overall considering the very tough geopolitics / war and long pandemic , the economy was exceptionally handled . To grow at more than 6.5 % , with growing exports amidst global slowdown , and bulging Foreign Exchange kitty is a very good job done. Have to give credit where it deserves, Hope Cong and Oppositon understands this . Praise where needed and crticize correctly with facts and figures. The present toolkit of criticize everything blindly without any support of proof is too idiotic and unfortunately Rahul and Company is doing the same mistake of 2019 and the results are going to be same again !!
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@Siddharth Sriram 😂 Half of your data is Outright FALSE, (1)Inflation 2014-11%,in 2023-5.2%,(2)Unemployment in 2014- 8.3%,in 2023-7.4%, (3)FDI in 2014-$45.5 Billion, in 2022-$ 84.8 Billion USD, (4)Nominal GDP- 10th in the World, $ 1.8 trillion,In 2022- $ 3.5 Trillion USD,Rose to 5th Place,(5)Per capita in 2014-$1,270 USD, in 2023- $ 2,609 3rd Highest in South Asia only Behind Maldives and Sri Lanka, (6) Startups& Unicorns in 2014-500 and 5 Respectively, In 2022-90,000+ Startups and 114+ Unicorns receiving Investments worth $ 350 Billion USD,(7) Internet Users- In 2014- 80 Million, In 2022, 840 Million+ Users, 2nd Highest on the Planet, And Has the Cheapest Internet rates on the Planet (8) Smartphone Users in 2014- 48 Million, in 2022- 640 Million+, Cheapest Smartphones on the Planet thanks to Made-in-India Smartphones (9) Exports in 2014-$ 440 Billion 20th in the World,in 2022-$ 770 Billion Dollars, 8th Highest in the world,(10) Infrastructure Projects -(a)Highway Construction between 2005-14- 25,000 KM, Between 2014-2023- 51,000+ Kilometres, (b) 2 Expressways in 2014, In 2022- 12 Expressways,with 25+ Under Construction, (c) Railway Electrification in 2005-14, Only 4K kilometres, Bt 2015-2023- 28,000 Kilometres,(d) Operational Airports in 2014-74, In 2022- 148+, and 20+ Under Construction,(e) Operational Metros In 2014- 5 Cities, In 2023- 21 Cities Operational and 7+ Under Construction, (f) New RRTS Corridors, New DFCs, World Class Vande Bharat Trains, Bullet Train project etc (11) GDP PPP in 2014- $ 5.4 Trillion USD, in 2023- $ 13.2 Trillion USD, (12) PPP Per Capita in 2014-$4,000 USDs, In 2023- $ 9,100 USDs, (13) Poverty in 2014-24% , in 2022- 6-10%, Extreme Poverty in 2014- 12%, in 2022- 0.68%, (14) Number of Billionaires in 2014-40,75% are Inherited, in 2022- 200+, 88% are SELF-MADE ENTREPRENEURS
😂 Half of your data is Outright FALSE, (1)Inflation 2014-11%,in 2023-5.2%,(2)Unemployment in 2014- 8.3%,in 2023-7.4%, (3)FDI in 2014-$45.5 Billion, in 2022-$ 84.8 Billion USD, (4)Nominal GDP- 10th in the World, $ 1.8 trillion,In 2022- $ 3.5 Trillion USD,Rose to 5th Place,(5)Per capita in 2014-$1,270 USD, in 2023- $ 2,609 3rd Highest in South Asia only Behind Maldives and Sri Lanka, (6) Startups& Unicorns in 2014-500 and 5 Respectively, In 2022-90,000+ Startups and 114+ Unicorns receiving Investments worth $ 350 Billion USD,(7) Internet Users- In 2014- 80 Million, In 2022, 840 Million+ Users, 2nd Highest on the Planet, And Has the Cheapest Internet rates on the Planet (8) Smartphone Users in 2014- 48 Million, in 2022- 640 Million+, Cheapest Smartphones on the Planet thanks to Made-in-India Smartphones (9) Exports in 2014-$ 440 Billion 20th in the World,in 2022-$ 770 Billion Dollars, 8th Highest in the world,(10) Infrastructure Projects -(a)Highway Construction between 2005-14- 25,000 KM, Between 2014-2023- 51,000+ Kilometres, (b) 2 Expressways in 2014, In 2022- 12 Expressways,with 25+ Under Construction, (c) Railway Electrification in 2005-14, Only 4K kilometres, Bt 2015-2023- 28,000 Kilometres,(d) Operational Airports in 2014-74, In 2022- 148+, and 20+ Under Construction,(e) Operational Metros In 2014- 5 Cities, In 2023- 21 Cities Operational and 7+ Under Construction, (f) New RRTS Corridors, New DFCs, World Class Vande Bharat Trains, Bullet Train project etc (11) GDP PPP in 2014- $ 5.4 Trillion USD, in 2023- $ 13.2 Trillion USD, (12) PPP Per Capita in 2014-$4,000 USDs, In 2023- $ 9,100 USDs, (13) Poverty in 2014-24% , in 2022- 6-10%, Extreme Poverty in 2014- 12%, in 2022- 0.68%, (14) Number of Billionaires in 2014-40,75% are Inherited, in 2022- 200+, 88% are SELF-MADE ENTREPRENEURS
Normally if there is an international report which is negative or harsh for India, it gets covered immediately.
Why are you ignoring Morgan Stanley report ?
And still call yourself a journalist ?
That too with adjectives like un-hyphentaed etc.
Admire your courage Guptaji.
You can jump into politics at any time now
❤❤
Dear SG; shouldn't the GDP growth rate be discounted by (1) Inflation rate AND (2) population growth rate; BOTH; to get a real sense true growth?
Please enlighten in your Q&A.
Brilliant job by the Modi government in the past 9 years. Hope this momentum is not broken by people falling for freebies in 2024. This is India’s moment & we can’t afford to be derailed again like 2004. Let’s unite for a Bharat that’s rising from the ashes 🇮🇳
If YOU want more andhbhakts instead of scientific reasoning keep on BJP/RSS
If you want the father of the Nation to be Savarkar instead of Mahatma Gandhi keep on BJP/RSS
If you want more of religious polarization keep BJP/RSS
If you want more Indian assets to go to the crony keep BJP/RSS
@@mg.f.9023 if you want more of Muslim appeasement and only Muslim apeaseent and no Infra you can keep congress
if you want more infra, more airports, more roads, more bridges, more tunnels, more digital economy growth, more manufacturing, strong army, etc, go for bjp.
congress witnessed hundreds of riots and yet call others communcal
@@mg.f.9023We will vote for BJP only
@@mg.f.9023 no Freebies bankruptcy Congress kill India funeral is near
@@kd6788 Vote for Nation, Vote for bjp
BJP failed in many aspects but they did really well in roads, digital payments, rural drinking water, rural electirification, toilets, LPGs for women, railways etc.. they should not have buckled down on farmers protest that is very much needed bill after green revolution for farmers. BJP's current move for cooperative grain storage will be the best thing in recent years.
🎃🍌😂😂
PACS ae being digitalized , Now storage blocks . Definitely good move.
Bss bhai itni cheeje kaafi hai yrr khush hone k liye perfect to hum khud nhi hai government to firr bhi bhot se log milke bnate hai …
😢Is Is II 😢come the abov
Hopefully they look at electricity pricing and cross subsidization next. The purchasing-power-adjusted cost of electricity for industrial consumers is more than double of what Chinese companies pay; US firms only pay a sixth as much as Indians.
We need Land and Labour reforms to help grow and speed up manufacturing sector
And integration into global bond markets. Getting access to lower interest rate foreign lending would be huge for India. One of the big reasons private investment hasn't been increasing consistently is because of the "crowding out" effect. All the government investment in infrastructure is great, its good for India's long term competitiveness and creates a lot of jobs but it also sucks a lot of capital out of the financial system. Why would I give a loan to a private company and take on some risk when I can loan that to the government instead with the knowledge that they will always pay it back? That's why injecting more capital into India through bonds is necessary. But there's also an additional benefit. It would also give the government more options for loans which would decrease the rates they have to pay. This means it would also help reduce the deficit problem Mr. Gupta is talking about.
Lack of foreign capital and FDI has always been one of India's biggest issues when it comes to development. Its finally starting to change but there's still a huge opportunity for this to grow. FDI into China reached a peak of 6.3% percent of GDP in 1993.
@@JohnSmith-vn8dm nice
What about services sector
Which contributes 55% to GDP yet we have very little policies around that
Bro haven't you seen what happened at the time of farm laws. Labour and land laws will be hard with opposition which only knows opposing everything.
@@mohamedrazeen3685 Service sector is only gonna grow. already a lot of policies are in place
A lot of people talk about 2003-2008 stellar growth forgetting that even sub saharan Africa and lawless countries (one in neighbourhood also) grew much more in this time during the liquidity boom. Relatively, we are doing much better now. Best part is humongous infra upgrade which will bring logistic cost to improve our competitiveness. If UPA had used money in improving logistics, we would have benefitted from China plus 1 so early and big way. Hopefully NM will keep the momentum growing on this front and avoid phony growth of post GFC in 2009-2012 built on debt binge of phone pe loan scheme, which stymied growth in subsequent years.
Exactly, that's what I am trying to explain to so many Friends who were impressed by 10 % growth rate in Manmohan Singh Era and calling NM "anpad PM".
Well, I believe, If COVID would not have hit us, we would have been in much batter position.
Most people don't know that Rajan wanted to introduce Rs. 10,000 notes as he was expecting hyper inflation because of Congress' various scams & bank scam loans!! Congress is Brown British poison!!
@@Vaibhav-zn5in it's more like apda me avsar. Covid also brought us many MNC manufacturing leaving China.
Jump in fiscal deficit was mostly due to the hidden FCI deficit which they bring in GoI balance sheet. Govt has announced they will bring back the deficit to below 4% by 2026 and they are meeting the budgeted target, that is good for the long-term health of the patient.
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@@mg.f.9023 😂😂😂 just be a sensible human before comment
@@abhimanyunath2001 he is commenting everywhere, mostly paid
@@mg.f.9023 That would destroy the indian exports as well as indian economy.
@@mg.f.9023 India needs to increase exports and a lower INR with realistic and stable dollar index will boost export.
Fiscal has increased but largely it is towards capex . So which is in a way an investment and not mindless spending on freebies .
"The patient is in very good health" this line gives so much satisfaction, we want India to rise and rise
To ensure this pls vote for Modi ... if not then forget it
Don't hold your breath under cho₹i🤣🤣🤣🤣
@Loki s we all saw what the chor was in 2013 and what was india story then
@@loki2259 again blind Hater
@@loki2259 u think it looks cool but little you know is you are making fool of urself bcoz it means your eyes were close till 2014 and was blind before it … stupid
Kudos to Modi govt for their handing of economy!
Mishandling The economy
Given all Nation's assets to one person
Increased Fuel & gas prices beyond the reach of poor
Introduced religion in politics rather promoting science
Manufactured andbhakts instead of skilled youth!
@@mg.f.9023 we're the fasted growing economy period, and we achieved that feat 7 times for past 9 years, and these were the only years since independence that we were ever fastest growing economy. let the sink in
@@mg.f.9023 lol you got into the trap of dhruv and the likes kid. Study what privatization does to a government entity. Read more. Grow up from those irrational arguments.
@@mg.f.9023
You are just a troll.
@@mxxmauuhan3597 Truth hurts?
Last line of vlog is itself tells the successful modi policy..... Tight slap to raghuram type economist continuously shade tears..... 2024 only BJP.... No one near by miles
Jagdeesbhai....jordaar
Raghuram rajan knows if congress wins he can easily become the FM or even the PM, as Gandhis rule through proxies. Its a low effort way to have some stake in politics. Full time politics is not for him, the US is just too comfortable.
@@AP-do6sv I don't think that's entirely fair. Did he become increasingly bitter and partisan after leaving the government? Absolutely. But he is still a highly talented and respected economist. No mere political hack could reach the position he did at U Chicago.
I totally disagree with his view on India's investment in manufacturing (and so do many other talented economists). And I suspect many of his predictions will turn out to be false. But a few might turn out to be true as well, so it still might be worth at least considering some of his arguments. After all, there is no value in listening to others telling us what we already believe.
@@JohnSmith-vn8dm an economist whose predictions mostly will turn out to be false because of the person not thinking impartially of the economic situation is worth no value to aociety. The ability of raguram rajan is not in question but his credibility certainly is...
Raghuram rajan is internally fighting between his rational economical thoughts and political thoughts. Let's say if Congress comes in 2024, immediately within a year he will paint a picture that everything is rosy in India. Let's not forget that the loans given and which turned to NPAs were during his tenure
Kudos for a simplified and effective exolantion by Shekhar that practically no other person can do. A common person can easily understand and Shekhar does a terrific job here !
SG, fantastic CTC. Very well explained SG, the economists Indians sitting in USA should listen to this CTC. Modi Govt should be appreciated and we should wait for the next 2 quarters.
Raghuram Rajan is a political hack. His opinion can't be taken at face value. He hates Modi government and says anything which suits his agenda.
As soon as they leave the sovereign high posts, no one in academia, international agencies and markets seem to want them. It's almost like their whole charade is about getting access to Indian data and markets.
B h a k t h s and their boss modi dont like people like raghuram rajan, Bimal jalan, Ranga rajan.... they prefer baba ram dev, historian RBI chief (I cant even recollect his name) and demonitization expert Gurumurthi for economic advice. No wonder we are in such a mess
@@MathewJohn-gj5xn could you explain why RR wrote the paper "Make in India, Make for India" and now walks back on the recommendations without retracting his white paper?
@@MathewJohn-gj5xn I really pity your inner hate. Still stuck in the namecalling phase! Do watch the whole episode though. All the best.
@@MathewJohn-gj5xn yeah we are so much in mess see we are not doing like Pakistan...go and lick boots slaves
Morgan Stanley Report was quite promising I'm happy we can have good growth.
@Dk raghuram, opposition, and madarsa graduates all
@Dk Raghuram Rajan has an axe to grind against Modi since he was let go from his job as RBI chief. And he has been constantly associating himself with RaGa. So anything he says about Indian economy is biased and cannot be considered 100% objective. It seems like he has some political ambitions.
@Dk funny thing is Stats disagree with Raghuram, he was the one who took indian Banking to abysmal level .In 2015 all the bank were in dire position yesbank, p n s bank were example. During his tenure inflation was regularly above 10% level. Most of the Finance people feel he was literally the worst Rbi governor.
It was all because of love spread by pappu
UPA’s Fiscal deficit was lower due to fudging of accounts by keeping fertiliser subsidies deferral, FCI food subsidy parked outside, IT refunds withheld etc. Shekarji please delve deep into figures with the help of your domain experts. Otherwise the presentation is good.
This is just the beginning after the historic pandemic.. 5 more years for this government and India will be on its way to be the next Economic Superpower.
0:36 The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference
I have been making a lot profit through forex trading which has been the main source of my income
@@christopherdench1422 I’m interested I want to move to forex can you help me trade?
@@oscarorellna867 Actually an expert broker handles my forex investments while I invest in some real estate with the profit I make
@Haman Jack frank kafeman handles my investment portfolio, he's an expert when it comes to trading forex.
He made over $12k with my $2k start up capital
Imagine if we had not lost the 2004-2014 decade to horrific mismanagement of the country and economy, we would have already been in the top 3 economies of the world.
We were growing though
@@mental9453 alongwith high inflation
@@mental9453 what was net growth minus inflection in 2004-2014 ? Growth fueled by sheddy telephone loans damaged banking sector health. It was cancerous growth.
@@nv9991 this time death of India is biggest poverty illiterate bankruptcy Freebies
@@mental9453 we were still termed the fragile 5.
Watching Gupta ji and his CTC is now a daily chore. I travel each day to my job destination by train and my best friend on this journey is SG's CTC. Thanks for the simplistic explanation. Keep it up Sir, you and your team....!
Thumbs up to the Modi government, the FM (greatly underestimated) and SG for doing your job well! 👍
All that matters in the end is translation of this growth into job creation. And that will not come unless we become a manufacturing hub.
For that i think one senior economist mentioned it build lots of factories thats the only way, services can only employ only fractions unlike what that idiot rajan is saying.
Well said! It's a good first step, finally we are thinking out of govt & service sector for job creation.
manufacturing base actually takes decades of work behind it , regulatory processes, government policies and foremost trained labour ,
government has done quite a few good work like these PLI schemes , and ease of doing business has improved, much more needed ,
and most important trained labour ,
in training labour it takes time ,
in next 10 yrs I just want to see manufacturing base established ,
India's manufacturing PMI hits 31-month high, is raghu ram rajan listening
Create own business or employment opportunities
They have done better than expected but long way to go for india
Long journeys are the best you know and when it comes to an end you will see our young people become like american teens disconnected from the outside world , I hope i die before seeing that day .
@@ThEEqualizer93 with the current state of India in which 800 million people earn less than 8000 a month
All said and done, this country may have millions of problems, but ever since the 1991 reforms, no matter who's in power, they're really scared of doing something that might end up screwing up the economy....there's a heavy political price to be paid and that's a really good thing!!
Congress already on job with Karnataka won they are spreading other states and target 2024. Muslim Christian plus uneducated hindu look for freebies vote Congress and very shortly we will be like Pak srilanka all the best group not interested in self reliance
@@yogeshbabu9942 Self reliance won't fix a current account deficit which is what Pakistan and Sri Lanka faced. They faced this problem because as with India, there is no other choice but to import energy. This region just doesn't have those natural resources. So you will always have to import something which will give you a current account deficit. The solution to this problem is Make in India.
But Make in India is the opposite of self reliance. To make things, you will need to import components. And you will need to export the final product to other countries to get currency. So this increases your dependence on the rest of the world. Self reliance makes sense in places like the defense sector, but outside of that it will just make your economy smaller. Isolationism doesn't work.
@@JohnSmith-vn8dm that's what pli apple assembles and some components manufacturing may be produced in India long term my heart is hurting India funeral is near from Freebies Karnataka 15% + 20% total 40% budget Freebies
😅 India 140 crore people death is near central budget needs 50% to give out Freebies craziness tax electricity burden loans no development revenues investment etc Skill education money salary from
@@duskyrisky1218 Ask for laws to curb excessive freebies. Restrict fund to Karnataka, telling taxpayers money is not to be flown like gutter.
Nirmala-Modi team is delivering well. Managed pandemic and economy very prudently. All pundits were telling to print money but they came up with plan of free ration to 80 crore people. Good job!
Good one by Guptaji, Modi government for sure is sincerely looking into all the potential areas they can grow more.
This type of data had it come during congress rule I am sure Shekhar and his secular colleagues would have been happy to the point of tears
Basically Ukraine War disrupted Manufacturing and they experienced two quarters of degrowth. But now that supply chains have settled down, manufacturing is growing again. That's what it seems like?
But ya, Govt can sweeten the deal by pressuring State Govts to reform laws and notifying pending laws.
At the simplest level, GDP = C+I+G+(X-M). The growth is primarily coming from I and G (i.e., Investment & Government spending). These drives indicate higher confidence in the future of the economy. However, "G" is not a sustainable source of growth. C, i.e., Consumption is a more VISIBLE indicator of the state of the commoners. A stagnant "C" is NOT BAD (but it is NOT GOOD either). X-M, aka net exports, is a challenge for any Govt. Exports exceeding imports are a desirable situation, but the context matters. It is only positive for natural resources rich economies or world factory economies like China and Germany. The US tops in the trade deficit.
Being an Indian i wish my country grow and break any positive records.
We have now achieved manufacturing the highest Numbers of Andhbhakts..
@@mg.f.9023 just like Congress dogs and andbhakt of Congress
After all the sneering and mocking of Nirmala Seetharaman by the "world famous" economists, she is having the last laugh!!! Wisb someone will have the humility of acknolwedging that...
Two wheeler domestic sale numbers are still good just check today's monthly sales data reported by automobile companies
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
@HoklampdOndamnc Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
@@EricZachary-om7hf I've been looking for advisors recently because the market news hasn't been very positive. who’s the person that is guiding you.
@@Sopknapp I work with "MARIAM SANDRA MILNER". I understand what it's like to see your portfolio going down. I hope the performance improves
@@EricZachary-om7hf Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Ye konse comment section me aa gaye hain aap?😂
India 🥺 I want India to grow even faster.
That will happen when people and political parties accept good economic policies like farm reforms, labor reform, integration with global financial flows, lower tariffs and trade deals, etc. Basically you need to make India an attractive place for businesses to invest.
@@JohnSmith-vn8dm hm 🙂
A lot of Modi haters (basically indegenous culture haters) wish India went poorer just to get rid of present government. It simply shows how much hatred they have yet claim to be doing muhabbat ki dukan. Good that they can keep dreaming. If govt has gone ahead with mainstream economists during pandemic, we would have been closer to Pakistan.
If you look at avg growth, we are doing far better relatively than ever in modern history.
3:18 that One ODD paper is "The Wire"
Make sense
That thapar is a legend, dad responsible for the defeat of 1962, sister responsible for botching history books and the son responsible for single handedly delaying a crucial flyover in delhi for his comfort. Yet is followed by millions.
BTW the 19-20 Fisc deficit growth was because the government brought in all the accumulated off balance sheet bullshit on the books.... If you calculate the UPA deficit with all these cleverly hidden liabilities it was closer to 6%
For fiscal deficit the Govt has given a glide path that takes into account smooth reduction over the years ensuring it has a hedge in case of any unforeseen issues as also not rocking the boat too vigorously. Economic Editor could have advised to refer to that to complete the picture. Very Good effort.
You know what that is what journalism really is .......
Thank you print and Shekhar sir
Problems Facing Indian Economy:
1.Unemployment2.Poor educational standards. ...
3.Poor Infrastructure. ...
4.Balance of Payments deterioration. ...
5.High levels of private debt. ...
6.Inequality has risen rather than decreased. ...
7.Large Budget Deficit. ...
8.Rigid labour Laws.
Disagree on 5 and 6 . Private debt corporates has clean balance sheet after long time . 6 actually inequality has decrease during covid and an IMF paper came out . India needs to increase the pie for a decade and then redistribution can kick in
@@meetadi4u why do you think this is analysis? It is just a diatribe.
1 is due to 2.
Infrastructure is being built.
Inequality is a part of growth - we can all be dirt poor and getting rice donations from US or admit to Ambani in Antilla and poor receiving welfare. You can't sustain a welfare system without Capitalists. Which is why Russia from Yeltsin and CCP from Deng era onwards practices Chaebol oligarchy.
Private debt is good for the economy.
Budget deficits in most developing countries is higher by far. As long as it is well managed it is no worry.
Labour and Land Reforms have been stalled due to Andolanjeevi. What can be done?! India isn't Canada or China to beat up and freeze all such people bank accounts and put them in jail.
Just imagine what Congress would offer from its success in Karnataka. Modi would be under tremendous pressure to offer freebies, which is likely to hit deficit. Nevertheless, Modi government has been fiscally prudent over all and I think it also handled Covid Economy much much better than countries like America where cash distribution led to inflation raising by 4 times.
Shaktikanta Das > Michael patra >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Raghuram Rajan 😊
It's not Shaktikanta Das, it's PMO who is running the show from background 😅😂. Otherwise, He is a guy with a history background running😂😂😂😅😂😂😂 RBI
@@millennialmind9507 that's why he got the best rbi governor
Really man, running an economy is so hard...
It looks easy from a distance but as we dive deep it is so much ...😶🌫️
Comprehensive but at the same time easy to understand this analysis. Lovely episode SG
I watch Ravish Kumar, and sometimes I feel frustrated with our government and concerned about the state of our country. However, when I see CTC, I realize that positive developments are also taking place in our nation. Perhaps the patient is in good hands?
Watching others is good but one should always try to read the data and draw own conclusions.
As for watching Left-Liberal journalists I think BDutt is a better choice because she both interviews and presents data better than RKumar who preachily monologues too much.
Ravish is a mentally ill & deranged since Modi govt came to power. Look at his reporting pre & post 2014. You’ll see the difference. He’s a know congress guy & his brother fights elections on Congress ticket who has alleged rape charges against him.
Stop watching Ravish Kumar. He is full of negativity and an agenda that he bears on his sleeve! I quit watching him long time ago.
It's intriguing how people are still obsessed with RR, and what he thinks and says. C'mmon, he was just an RBI governor for a term, just like any other RBI Governor. There is nothing special about him. If we really want to talk about him, why not also talk about his predecessors and successors and find out what they have to say?
Thanks!
Dear Rahul,
Thank you for contributing to ThePrint's journalism.
Thanks for this episode, really cutting through the clutter and making easy even for us to explain to others .
2003 2008 growth was a headless growth.
Excellent analysis and explanation Shekharji. Thank you for cutting the clutter and enlightening us on the economic data
I listen your news every day. You are awesome with your words. Thank you sir.😊
Thanks!
Dear Kartik,
Thank you for contributing to ThePrint's journalism.
bhai jaida paise aa rhe h tou thora madir me daan punya bhi kr diya kro, isko kyo paise de rhe ho , iske tou youtube se pehle hi badiya paise bn rhe h
This guy Raghuram looking for a political role under congress rule. His biased is clearly visible on many occasions.
Very articulate analysis.Great work Shekharji ❤
Sheer luck for Socialist Khangress, Foxconn has Announced that it IS going to MAKE-IN-INDIA APPLE IPHONES AT a NEW PLANT Under Construction in Bangalore, Which was Finalized by the BOMMAI GOVT. and Khangress Mocked Bommai for not having PROOF, Now Khangress is Taking All the CREDIT after Foxconn Announced that it will start Manufacturing 20 Million iPhones by April 2024 Today morning
this is gold! i always never able to understand the economic data. people pro government tells economy is growing and cynics tell otherwise. I would really like to understand political point of view of economy
GREAT COMMENT PATIENT IS IN GOOD HEALTH (WHICH WAS MESSED FROM 2006 TI 2014)!
Fiscal deficit increased because of recognition of fci debts which were earlier put out of the books
"Looks like the patient is in very good health" - good one. But, India was never a patient! I am happy to watch this fair presentation of India's economic health. Kudos to India, Team Modi and to you!
Patient is in good health !!
Thanks for simplifying the thousands of pages of reports to us 😊
Very subtle and rationally put Shekarji 👌
The first time Mr Gupta has appreciated P M Modi. Good.
Government spending shouldn't be seen from Quarter to Quarter, it's an year long GDP number. Hence, Government Spending should be seen Year on Year, in which case, the rise of Government Expenditure is merely 1%!
Manufacturing needs to have better connect between policy and intent.. that is giving policy support and then taxing heavily doesnt go together. Also petrol and diesel prices should now be deregulated again.
Excellent CTC!
Thank you for a Penetrating Analysis! Balanced and informative as usual! I wish you could drill some sense into our International traveller who sells love abroad!
“All the reports suggest that the patient is in very good health”
But is it sill a patient when it is in very good health??
Bahut badiya shekharji hamesha ki tarah
All the magic with 2 terms of experience is managing tactfully the Art of BALANCING and keep the Growth Rate with rigorous watchdog 🙏🙏
Thanks. Very valuable to have such information. I particularly like how you used your saliva to turn the page.😊 made you a real trustworthy person in my eyes 🙂
Just trying to understand the factors here. A.B. Vajpayee's govt was known to spend big on capex there's a fiscal situation which PM Singh inherited he consolidated it in the first term. In the second term of UPA after GFC & eased out lending the deficit again rose up contained by Modi govt's first term. In the second term it increases again after Covid. How different would the fiscal deficit chart could be amongst the previous two decades
Great analysis SG
Great data analysis print❤❤
sg's micdrop comment" patient is in a very good shape" 😎
Importing crude from Russia at discounted price ought to be attributed to this figure as well .
India ought to be inviting big manufacturers from outside , Tesla etc to make cars without too much precondition/ s .
Dont want cars. Want lithium manufacturers, giga factories, semiconductor foundries, pharma ingredient manufacturing, etc. For the rest of the things ecosystem will get created.
@@scamexpose123 Yes , agree with you 👍
@@scamexpose123 u got the point 👍
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Many economists have their own opinions but they tells some positives and Negatives. But Indian gold medalist R Rajan always filled with hate and negativity. Unfortunately media gives him too much visibility.
He is American bro.
well done shekhar...what i like about you is you don't criticise for the sake of criticism...unlike other lutyens media like WIRE who do not see anything positive in the last 9 years...!!!!!!!
Well done Nirmala Sitaraman and the BJP Finance Team
PMI since last two months is coming robust so expecting 7-8% growth in first quarter
Analysis with great clarity. Ably aided by facts &figures from public domain.unassailable.
Sir please use a nice dynamic microphone.
Great analysis and very well explained. Patient should continue to be governed by Modi in 24 as we have turbulence in Himalaya, waters, indo pacific. Hope for no war, but if it has to happen it should be between superpowers as we still are a patient!
We Need to make our agriculture sector focused on cash crops more in-order to increase the GDP per capital to middle income !
very well explained shekhar......even a layman can understand what are the positives and what are the negatives...thanks for this very educative peice....
Thanks a lot for taking a natural view.
Your last comment is very funny and makes the analysis understandable to layman. Thanks.
I smile, anti-modi is giving a thumps up for good work done. Atleast proving he is not a hypocrite.
It's a forged data so you can't cut the clutter the gst collection is up due as the rupee has depreciated resulting in high duty collection as well.
25% of flights are grounded. Go Air, Jet, Spice, Air Asia etc. Hence, Airline tickets costs are rising. Adani Airport charges are also higher
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Shekhar ji might consider himself as a political journalist/expert... But I've enjoyed his strategic and economics shows most..
😂😂 patient is in good health 😂😂 now where are economic expert like Pappu , Lalu Yadav , kejari,Digvijay ,Mamta and their stooges😂😂
Shekhar ji, please ask your team to make graphics and should be shown in 3D image along-with your video so that graphics can remain there for longer period for people to understand.
perfect video for the aam admi !!!
Only good pointer out of it is core inflation, getting back to normal, services sector growth is positive, but for me worrying is india's growing cad, export is decreasing which is worrying sign
Exports will decrease as many countries are going into recession
@@AM19065 true.
Bhai yaar China internal consumption ki economic policies ki taraf ja raha hai
State contributions and rank states ?
Overall considering the very tough geopolitics / war and long pandemic , the economy was exceptionally handled . To grow at more than 6.5 % , with growing exports amidst global slowdown , and bulging Foreign Exchange kitty is a very good job done. Have to give credit where it deserves, Hope Cong and Oppositon understands this . Praise where needed and crticize correctly with facts and figures. The present toolkit of criticize everything blindly without any support of proof is too idiotic and unfortunately Rahul and Company is doing the same mistake of 2019 and the results are going to be same again !!
Raghuram rajan - us raat apun 2 baje tak piya
very educative indeed....keep it up...
A lot of the infrastructure development and reforms will take some time to show true value, but it is good what is being seen. Thank you for the video
Very good analysis