Should you worry as coalition rule returns? Here is what India’s experiment tells us

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  • Опубликовано: 29 сен 2024
  • #cuttheclutter
    As the BJP failed to get a clear majority in Lok Sabha elections and prepares to form a coalition government with its NDA allies, there’s debate how this would affect the country. In episode 1464 of #CutTheClutter, Editor-in-chief Shekhar Gupta looks at how coalition governments have fared in India, hits and misses and what it means for the future.
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Комментарии • 602

  • @ThePrintIndia
    @ThePrintIndia  3 месяца назад +14

    Exclusive content, privileges & more - Subscribe to ThePrint for special benefits: theprint.in/subscribe/

    • @atulkulve2981
      @atulkulve2981 3 месяца назад +3

      If the GDP is so low then how am I getting an annual returns of about 20-35% in mutual funds and stocks isn't stock market is directly in correlation with GDP?

    • @nomulahemanth3109
      @nomulahemanth3109 3 месяца назад +1

      ​​@@atulkulve2981The Print is Spreading FAKE Data,The Real GDP Growth Rates since 2014 as Per IMF are 7.4%,8.0%,8.3%,6.8%,6.3%,3.9% ,--5.8%, 9.7%, 7%, 8.2%. HENCE if you add all these & Divide it by 10(for 10 Modi Years) The AVERAGE Growth would be 6.0%, It's BASIC MATH

    • @nomulahemanth3109
      @nomulahemanth3109 3 месяца назад +1

      ​@@atulkulve2981The Print is Spreading FAKE Data,The Real GDP Growth Rates since 2014 as Per IMF are 7.4%,8.0%,8.3%,6.8%,6.3%,3.9% ,--5.8%, 9.7%, 7%, 8.2%. HENCE if you add all these & Divide it by 10(for 10 Modi Years) The AVERAGE Growth would be 6.0%, It's BASIC MATH

    • @nomulahemanth3109
      @nomulahemanth3109 3 месяца назад +1

      The Print is Spreading FAKE Data,The Real GDP Growth Rates since 2014 as Per IMF are 7.4%,8.0%,8.3%,6.8%,6.3%,3.9% ,--5.8%, 9.7%, 7%, 8.2%. HENCE if you add all these & Divide it by 10(for 10 Modi Years) The AVERAGE Growth would be 6.0%, It's BASIC MATH

    • @urrasscal8380
      @urrasscal8380 3 месяца назад

      @@atulkulve2981 don't listen to opposition parties specially congress they r the most sstupid political party of the wworld . If they had any idea about power politics they would had done popul. xchange during partition and would remain in the power atleast for next 1000 yrs coz majority of hhindu population r llibrandus & they would had voted for llibrandu parties like congress.

  • @804ashish
    @804ashish 3 месяца назад +205

    Comparing this data with the global rate of growth during the same time period will give better insights.

    • @narenghosal1199
      @narenghosal1199 3 месяца назад +11

      Yes , valid point

    • @Pshaurk
      @Pshaurk 3 месяца назад +8

      demographics and geopolitics would need to also be included. because currently both are favourable for india but were favourable to china before no thanks to any government.

    • @HalloweenJack_Work
      @HalloweenJack_Work 3 месяца назад +4

      Not quite - highly developed economies grow at a much slower rate than developing ones - to give you an example, the US economy grows by 2-3% on a YOY basis.

    • @RajanRaj-po9xr
      @RajanRaj-po9xr 3 месяца назад +8

      Dhruv Rathi didn't make RUclips vedio related Kasmir after balakot air attack and 370 remove. He know that terrorism has reduced not only in % , but several times down. Why to help for unwanted person????😢

    • @nomulahemanth
      @nomulahemanth 3 месяца назад +1

      The Print is Spreading FAKE Data,The Real GDP Growth Rates since 2014 as Per IMF are 7.4%,8.0%,8.3%,6.8%,6.3%,3.9% ,--5.8%, 9.7%, 7%, 8.2%. HENCE if you add all these & Divide it by 10(for 10 Modi Years) The AVERAGE Growth would be 6.0%, It's BASIC MATH

  • @devapala879
    @devapala879 3 месяца назад +3

    So BJP is indeed what Arun Shourie called it: "Congress + Cow"

  • @amritpalsingh3293
    @amritpalsingh3293 3 месяца назад +12

    Sir, pls do compare the avg inflation rate(consumer price index) during all the eras.

  • @chocolatemilkshake9168
    @chocolatemilkshake9168 3 месяца назад +180

    The best way for BJP to prove itself is the economy .... if they want majority in 2029.

    • @anirudhsharma2720
      @anirudhsharma2720 3 месяца назад +43

      Will uneduacted ppl of UP-Bihar ever understand? I am a UP wala btw, I think ppl don't even like the safety of their daughters and mother, all they like is their caste netas no matter what he/she do.

    • @laudalassan109
      @laudalassan109 3 месяца назад +12

      My vote is always for BJP

    • @aakashsinha938
      @aakashsinha938 3 месяца назад

      ​@@anirudhsharma2720same; as a UP waala, fuck our casteist people

    • @amitsrivastava4539
      @amitsrivastava4539 3 месяца назад +30

      Good economy never translated to elections in India. It depends on how government uses the economic growth to show a direct benefit to people.

    • @AndyKatana
      @AndyKatana 3 месяца назад +20

      Wish Economy wins you elections. Biggest infra push since 50s, single digit inflation despite global crisis, trippling of stock market, highest tax collection, growth numbers unmatched by any country despite global slowdown, IBC, most efficient PDS ever, startups, highest growth in non-public sector formal/informal jobs, resolutin to massive twin balancesheet issue and all of this while maintaining watertight fiscal amidst once in a lifetime event - covid.
      Compare these parameters with any of the previous govt, some got somethings better, but none got everything right.

  • @jayantkoppikar6465
    @jayantkoppikar6465 3 месяца назад +177

    1952-89 : Slow growth because of Nehruvian socialist and communist policies.
    1991 + : growth because of forced reform with balance of payment crisis
    1999-2008 + : Growth acceleration with higher growth across the world with world trade acceleration + Reforms from Vajapayee + UPA 1.0
    2014 = 2 major shocks - demonetization + Covid.
    The bar charts abstracts out these nuances. Growth and coalition correlation is not causation.

    • @prasanthpeddaayyavarla3391
      @prasanthpeddaayyavarla3391 3 месяца назад +15

      Yours is the most sensible analysis including the video itself. One more factor to add here is how much could we have grown in in each of those times(potential)? One easy way to check is which major country had highest growth at that time? Last few decades it was obviously China. They shot up while we are celebrating 5.8%. We are the fastest growing now.

    • @greenrico10
      @greenrico10 3 месяца назад +22

      His argument was simply that the country can grow even under a coalition government . That there is no real reason to get into the specific. He was simply trying to counter people who have a blanket fear of coalitions

    • @azankhan88
      @azankhan88 3 месяца назад +4

      Always an excuse.

    • @ankushchoudhary4627
      @ankushchoudhary4627 3 месяца назад +4

      How is demonetisation not a direct correlation।

    • @aakashsinha938
      @aakashsinha938 3 месяца назад +3

      Hahahahha; you missed 2008 - 2014,, why??

  • @parvadhami980
    @parvadhami980 3 месяца назад +57

    As poverty rate remained the same during Nehruvian era, "Inequality" was lesser
    Hence Nehruvian epoch is the best 😂

    • @abhinavdwivedi6869
      @abhinavdwivedi6869 3 месяца назад +8

      As per IMF 240 Millions have been lifted out of Poverty in last deacde, bring% down to mere 6% .
      You are inaccurate with data.

    • @parvadhami980
      @parvadhami980 3 месяца назад +12

      @@abhinavdwivedi6869 bro didn't get the sarcasm

    • @aniketaggarwal1224
      @aniketaggarwal1224 3 месяца назад

      ​@@parvadhami980
      Sarcasm which affects large masses of our nation aren't allowed

    • @shyambajekal8084
      @shyambajekal8084 3 месяца назад

      Yeah 😂😂😂

    • @arunkumarmondal6488
      @arunkumarmondal6488 3 месяца назад +1

      ​@@aniketaggarwal1224damm you are melting faster than some western snowflakes

  • @AjaySharma-me1sy
    @AjaySharma-me1sy 3 месяца назад +43

    The logic is very simple, if a majority party gets too secure and comfortable, their performance will go down. The government needs to be kept on its toes and the ministers should always be in the fear of being tossed out for underperformance.

    • @faisalmuneerone
      @faisalmuneerone 3 месяца назад +3

      Best comment

    • @ownerspride8305
      @ownerspride8305 3 месяца назад +6

      In coalition you can’t do that. No one could fire poorly performing coalition weather vanes like Laloo Prasad Yadav and DMK ministers. But Modi has fired 25% of non performing ministers every 2 years. So your comment makes no sense.

    • @munmundey3768
      @munmundey3768 3 месяца назад

      Hmm now everyone will get khata khata 1lkh

    • @anadasingh3456
      @anadasingh3456 3 месяца назад +1

      The problem Ajay, is that you not allowed to even know or debate what those problems are. Modi's party the RSS and the BJP so control Indian media that I doubt you can seriously tell me what where the issues preventing the BJP from getting a super majority.

    • @ameytiwari1247
      @ameytiwari1247 3 месяца назад

      @@ownerspride8305 "Modi has fired 25% of non performing ministers every 2 years"
      do u have any source to back it up? Also, performance (execution) isn't that much of a problem as much as not have a dynamic feedback system. Coalitions are more open to in terms of their feedback system compared to majority/single party govts

  • @rajx7120
    @rajx7120 3 месяца назад +7

    We should also look at inflation. Under a BJP govt, growth is a bit less, but inflation is even less. Growth under Vajpayee and Modi, was mainly due to govt investment, while consumption was less.
    A subsequent Congress govt pumps money after BJP's reforms, which gives higher growth due to consumption, but soon is overshadowed by much higher inflation, which topples them.

  • @sanjayapradhan2445
    @sanjayapradhan2445 3 месяца назад +3

    Sir, GDP is not directly proportional to coalition or majority. There are events like 2K, 2008 issue and Pandemic need to consider .. it’s not linear

  • @SG029
    @SG029 3 месяца назад +8

    Shekhar ji you should have also covered the corruptions that took place during UPA govt, for which many people blame the compromising nature of coalitions.

  • @Rbabukamalak
    @Rbabukamalak 3 месяца назад +7

    I would rather call the current 2024 NDA alliance as BJP+ . Essentially it will be same as 2019 BJP with some new additions

  • @AnuragSinha7
    @AnuragSinha7 3 месяца назад +5

    India was fragile five because of coalition government and we are being told that coalition governments are efficient :D :D

    • @indrutamilkavi
      @indrutamilkavi 3 месяца назад

      @AnuragSinha7 - Because indian union is a coalition. Each state will have a say and better for union.

  • @AtulBhandari-c8y
    @AtulBhandari-c8y 3 месяца назад +3

    Not fair to compare the growth rate of the 10 year Modi government with the earlier periods. This one is much too short to compare against the earlier much longer periods. Then we have to check what was the growth rate at the time Modi took over.

  • @sunandabhassin1361
    @sunandabhassin1361 3 месяца назад +76

    Time will tell what kind of coalition this is

    • @shreenathjraman3619
      @shreenathjraman3619 3 месяца назад +2

      Whoa said something super insightful there

    • @RajanRaj-po9xr
      @RajanRaj-po9xr 3 месяца назад +5

      Dhruv Rathi didn't make RUclips vedio related Kasmir after balakot air attack and 370 remove. He know that terrorism has reduced not only in % , but several times down. Why to help for unwanted person????❤

    • @darkarpit
      @darkarpit 3 месяца назад +2

      ​@@RajanRaj-po9xrDhruv Rathee played his part 😂

    • @TrendSuresh
      @TrendSuresh 3 месяца назад +1

      Not for minorities but for whole Indians for sure

  • @shivamsaurav9372
    @shivamsaurav9372 3 месяца назад +24

    if that's the case then why were we in fragile five before mudi got majority 😂

  • @kiranrai4353
    @kiranrai4353 3 месяца назад +2

    Your analysis looks flawed. Cannot accept them.

  • @yogeshlthakur1606
    @yogeshlthakur1606 3 месяца назад +2

    To be fair, PM Modi inherited a very fragile economy with PSU banks almost at zero net worth.
    Tough reforms result in low growth in short term, but benefits happen later. Modiji had the courage to take the tough decisions and we will see the gains coming in future.
    Had covid not happened, the growth graph would look very different.

  • @shivamsaurav9372
    @shivamsaurav9372 3 месяца назад +7

    I don't know if you know or not what's the relationship between double digit inflation induced growth is or NPA sheets and 'capital adequacy of banks' role in growth in the coalition period is...but I expected you to know and discuss about them.

  • @ihskask
    @ihskask 3 месяца назад +6

    I love how Data oriented and non partisan your content is Shekhar ji, it’s so refreshing. Thank you!

  • @desidonusa
    @desidonusa 3 месяца назад +2

    @anandaama, Please provide only 3 concrete examples, about collision gov. so called "bold reforms" mind you economy is a continuous process regardless of government, The biggest reform of1991 was forced upon by IMF after India had to mortgage their Gold. Genuinely wants to know.

  • @Seriouslyfunny1
    @Seriouslyfunny1 3 месяца назад +4

    Judicial reforms were first envisaged in 1970s. They have repeatedly been highlighted over the next 50 years.
    All states and opposition had joined in on the NJAC reforms but was turned down by the court.
    There needs to be a judicial reform quickly.
    Otherwise our economy won't be attractive for foreign investments and domestic industrial growth.
    No one wants to put their money in a country where God forbid if you get drawn in a case, you'll have to wait for decades.

  • @kuldeepkumarbhat9648
    @kuldeepkumarbhat9648 3 месяца назад +2

    Narsimha Rao, And Vajpayee only had the guts to go in for full throat reforms.
    All others did whatever they did, all by default.

  • @sarabjits7679
    @sarabjits7679 3 месяца назад +16

    Sheila Dixit is perfect example of managing upa and nda govts and taking delhi to a new high. In the end , it is the person at head.

    • @lakshyavarshney9942
      @lakshyavarshney9942 3 месяца назад

      What high still those horrible slums exist I hv seen open defaction in main city area of Delhi wasn't there post 2015

  • @BharatThatIsIndia
    @BharatThatIsIndia 3 месяца назад +4

    24:25 Shekhar Ji I am from Chapara After my village, two rivers (Ghaghra and Ganga) and Balia start.
    Chandrshekhar was ridiculed in my area even in 2004 for "selling" India gold.
    I later understood how important that decision was. But This is how the narrative is set.
    BJP and Congress both set the narrative against Chandrashekhar, which still persists.

  • @rupeshtashildar
    @rupeshtashildar 3 месяца назад +1

    I voted congress not because I believe they are better than bjp but only because how bjp has been acting, imprisoning oppositon mps, freezing their funds, almost succeded in disqualifying rahul gandhi, my vote was not won by congress but lost by BJP

  • @eVG00001
    @eVG00001 3 месяца назад +2

    do analysis based on congress vs non congress. BJP worked for core correction and congress worked for damaging core

  • @guptabhishek
    @guptabhishek 3 месяца назад +2

    8:40 Covid came and was gone in a year? Are we talking about the same pandemic?

  • @rajx7120
    @rajx7120 3 месяца назад +8

    Don't blame demonetization alone for breaking momentum. Raghuram Rajan put a break on bank lending, due to the NPAs, by putting banks on Prompt Corrective Action. I must add Rajan didn't cause the NPAs, but Chidambaram et al did. How can companies grow, if they don't have credit? Also, the ILFS crash broke the NBFC sector which affected loans for consumer spending especially in automobiles. Prof Ila Patnaik had written on this.

    • @RRDARGAD
      @RRDARGAD 3 месяца назад

      Loans were given in UPA era when growth had peaked. They would not have become NPAs if economy had continued to grow at 8% as in 2019-11. Policy paralysis caused by 2G propaganda followed by other mishaps changed the scenario.

  • @RahulKumar-lg8vj
    @RahulKumar-lg8vj 3 месяца назад +2

    Growth from 2002 to 2008 was fuelled by global economic boom,and thereafter by deficit financing till 2013.Shouldn't you have said that?

  • @vivekanandholla6730
    @vivekanandholla6730 3 месяца назад +1

    We need to see and hear the murmurs of what is happening already. Calls to scrap Agniveer. Will Farm laws come back which it was possible for a more assured government. Will labour reforms continue which is a must for further development of the startup environment. Further modification of tax for both corporate and the individual, will it happen ?
    Our age dividend will not last forever. We need faster implementation of reforms and will that be affected is a worry.
    Thank you for the video and statistics

  • @umapriyadarsi
    @umapriyadarsi 3 месяца назад +2

    I think opening up of Indian markets in 1991, global growth rates until 2008 are the real reasons for higher growth rate during the coalition era due to happenstance and do not indicate any correlation.

  • @NagarajaGmatthada
    @NagarajaGmatthada 3 месяца назад +1

    This edition is giving good insights. But please prepare the sane comparison in 4 parts. 47-89, 89-2004, 2004-2014 & 2014-2023. Also compare the same with international average figures. I think this may give more meaningful insights.

  • @hirenbafna
    @hirenbafna 3 месяца назад +1

    No doubt the data says many things. The PM ship of PVNR & ABV did the initial heavy lifting. Also we should remember that by 1996 PVNR had a simple majority in the house it was thru merger & acquisitions check the records. We had shameful incidents of JMM bribery case & Bangare Laxman cases. Even in UPA there was Coal, 2G etc. It's clear with 240 seats there will be only BKP led government & no other. So be it. Why worry, if they have to come back then they have to perform & reform. But yes it's just too much to really understand in 1989 JD had 143 seats still they lasted 11 months & With 182 numbers ABV lasted 6 years from 1998-2004. During UPA1 INC had 145 seats & they ruled for full 5 years. How was this achieved? This needs to be understood.

  • @indrajitsahu5006
    @indrajitsahu5006 3 месяца назад +1

    GST slowed down the economy and then came COVID. Even after that a CAGR of 5.1% is excellent. No doubt that without COVID and GST introduction it could have been north of 6%.

  • @therandomthings6933
    @therandomthings6933 3 месяца назад +1

    Shekar, you are following too much on Congress party leader Raghuram Rajan. Growth parameters you are getting are B**it. Take GDP growth and based on that I can say 100% improvement from 1.5T to 3.4T in 10 years. Tax collections for government are increasing at better rate, do you think companies will pay taxes without business?? When business growing definitely jobs are growing. No state governments in India were giving unemployment numbers for political reasons. Since you have contacts, Just ask Tamil Nadu, Kerala and West Bengal state governments for unemployment numbers and see 😅

  • @ihtnarkkranthi
    @ihtnarkkranthi 3 месяца назад +36

    My personal feeling is.. In a country like india
    DELIBERATION and CONSENSUS building is the key to bolder reforms.. U can't jus shove down the throat something that some section of people felt is good.. Because in a country like india be it any decision.. Even though looking obviously good and needed will have some negative impact on some stakeholder.
    So deliberation and consensus buding is key and this is more possible or let's say inescapable in coalition.
    Point in case.
    Farms laws good bill theoretically but no consensus building lead to it's downfall.. It's a complete mismanagement and pure arrogance by BJP.. Could have handled batter.. Now they did more damage to reform mvt in agri can before because of this unwarranted and haste process
    Only uncontested reform ( nation wide impact, so not mentioning art370) was a success oy because its consensus built with states.
    And other good example of BJP misusing it's political capital unnecessary is demonetisation.. It's a pure unilateral decision which send india 3,4 yrs back in many sectors.. It jus stopped the momentum altogether.. A decision of pure arrogance and high ignorance.
    Whether majority or minority govt.. Deliberation and taking all stakeholders on board is the key to bold reforms... I get it it's super hard.. As everyone want status quo.. But that's how democracies work.. Slow and stable change is only everlasting.. Hope nda now learns it.

    • @vabhdman
      @vabhdman 3 месяца назад +7

      I completely disagree. In a country like India, the only way to do any reform is to shove it down people's throat or it will have to be shoved down when we would have no option left. By slow and steady if you mean India loosing on every major industrial breakthrough for the past 70 years and now would be on track to loose again for the next 70 years than its fine.
      At the end of the day we can just agree than this is what India's identity will remain, a developing country that just stays like that. And this is what the Indian voter has chosen for the past 70 years and will keep choosing for the next 70 as well.

    • @greenrico10
      @greenrico10 3 месяца назад +6

      @@vabhdman what if the thing that is shoved down our throat is dogshit like demonetization?

    • @may4u310
      @may4u310 3 месяца назад +2

      What about new pension scheme which was brought 20 years back with coalition concensus and now state after state its back to OPS.

    • @vabhdman
      @vabhdman 3 месяца назад +4

      @@greenrico10 You take a big swing, sometimes you hit a six , other times you get out. But I would rather have someone who takes those big swings and if it means we get some stupid decision, you look back realise the mistake and try to take some other swings next.
      But I'm clearly in the minority here, and as a democracy you have to accept the voters will.

    • @Iammeaayush
      @Iammeaayush 3 месяца назад +2

      @@greenrico10 it wasn't bad at all if it was able to achieve its intended purpose... the demonetization failing just shows how rotten our system is... everyone from common business owner to high bureaucrats all are corrupt.. no one public or government is clean

  • @Toca_lily1212
    @Toca_lily1212 3 месяца назад +1

    In recent past when Congress had full majority. When Bjp gets full majority n forms govt its called majoratarian not good fir democracy. Now when forms with coalition govt , its called weak govt n day in n out pro Congress channels says Modi lost. Kuchen bhi. NDA is prepoll alliance, why now we have to talk about clash of ideology in alliance when voters clearly knows to which alliance he voted. Democracy will die if Jdu n Tdp goes with INDI because voter voted for NDA not INDI.

  • @bolonabolona
    @bolonabolona 3 месяца назад +7

    You forgot to include the major world event between 1991 to 2014. End of the cold world, emerging of a uni polar world. Loosening of world trade as a whole..

    • @20thCentury_Turtle
      @20thCentury_Turtle 3 месяца назад +1

      Yup, and now the 30 year peace dividend has come to an end, it lasted from 1991 to 2021 and was marked by the US withdrawal from Afghanistan and the 2022 invasion of Ukraine. These two events show a decline in American unipolarity and the limits of their influence. I would even argue that the Americans have fallen like the Soviets had, they are politically divided and increasingly unable to defend their allies (Taiwan is getting harassed, Ukraine has been invaded and Afghanistan is all but lost to them), there is a lot more pain coming there way. I don't know if they will fall like the soviets did 30 years ago, all I know is there era is over.

  • @munmundey3768
    @munmundey3768 3 месяца назад +1

    Maza aayega how Modi will now keep NDA and people of this country happy at the same time and stand strong when it comes to foreign affairs.. Happy for People of India.. Finally they made the right choice for themselves 😆

  • @soodabhi
    @soodabhi 3 месяца назад +1

    The last 30 seconds tell you how the media has removed PV Narasimaha Rao from public memory.

  • @raveendugal1619
    @raveendugal1619 3 месяца назад +2

    Brilliantly compiled!!👏👏

  • @anaghagana
    @anaghagana 3 месяца назад +1

    Mr.Gupta in terms of economic impact show us one calamity as Covid. Why do you always come across as someone little skewed in thinking and bastardising the data

  • @ashishjoshi4061
    @ashishjoshi4061 3 месяца назад +1

    Coalition government has always proven to be more helpful in India.

  • @saureld2229
    @saureld2229 3 месяца назад +76

    The Parliament will be functional after a long time, BJP has been weak in messaging or they did not bother with it when they had absolute majority, they steamrolled policies which are good reforms but led to protests over bills like farm laws and agniveer now at least the messaging will be there as to why it's required.

    • @Myanmartiger921
      @Myanmartiger921 3 месяца назад +6

      Agree Bihar bengal model of development will happen.bihar superpower vs somalia superpower

    • @venusteam001
      @venusteam001 3 месяца назад +2

      Farm laws like ..subsidy on Fertilizers and MSP prices for blinkit tataconsum and other online deliveries are good

    • @venusteam001
      @venusteam001 3 месяца назад +4

      Agniveer can be good for the soldiers to retire early with their first job. But pensions should be negotiated. It makes the army move stronger and confident. The Countries defense will be much stronger.

    • @Rising._.Thunder
      @Rising._.Thunder 3 месяца назад +1

      Oh come on. We have enough of unemployed youth to work as soldiers because for them, the alternative is much worse (not having a job)​@venusteam001 just look at the crowds at any agniveer recruitment rally and you will know the answer.

    • @sayandeepkundu9354
      @sayandeepkundu9354 3 месяца назад

      exactly

  • @georgeabraham5672
    @georgeabraham5672 3 месяца назад +1

    Bottom line.. Modis 10 years we did badly compared to earlier government

  • @kuldeepkumarbhat9648
    @kuldeepkumarbhat9648 3 месяца назад +1

    Shekhar Ji,
    The statistics do not tell the truth !
    Satbility and one party rule in socialist era cannot be compared with open market economy under a coalition ?
    Rationality suggests that a majority Govt and a market economy are the best for refirns and economic growth.

  • @muralikrishna791
    @muralikrishna791 3 месяца назад +1

    Video ends abruptly. Doesn't he conclude ?

  • @tejashagrawal9585
    @tejashagrawal9585 3 месяца назад +1

    Shekhar has his mind about certain issues and would go to any length to prove his views are right , subtly misguiding his viewers to a warped understanding

  • @sayantan19911
    @sayantan19911 3 месяца назад +1

    SG is providing self contradictory analysis. On the one hand he is referring to the first stable epoch with Nehruvian socialism and on the other hand he is comparing it to Modi era of right wing economy. That too lasted merely 10 years. Definitely if we would have a more capitalistic approach after independence, the picture would have been much different.

  • @rtadpp
    @rtadpp 3 месяца назад +1

    Sekhar, It was Monmohan ji, as FM and PM Narashima ji within those era that we are standing somewhere today. Had, Narashima was there, to start 10 years earlier, we could have been where China is now.

  • @mandarrock9759
    @mandarrock9759 3 месяца назад +24

    The law of average, the world was clocking avg growth rate north of 4% and India was growing at around 7% alpha was 3% while post-average world growth is 2.5% and India is clocking above 7.5% the alpha is 5%. It is easy to grow when the world is booming it is difficult to maintain when the world is in turmoil. Covid was followed by the Russia-Ukraine war which is followed was Israel-Hamas war engulfing the entire middle-east yet delivering 8%+ is mindboggling.

    • @brar1320
      @brar1320 3 месяца назад +4

      By the same logic 2008-2011, all world economy was in shambles.

    • @arunsar7893
      @arunsar7893 3 месяца назад +6

      @@brar1320 And Indian economy deteriorated after 2011 and India came to be known as one of the "Fragile Five". What was the infaltion from 2011 to 2014?
      The growth from 2004 to 2008 started from 2002 and it was primarily a result of Vajpayee reforms.

    • @aniketaggarwal1224
      @aniketaggarwal1224 3 месяца назад

      ​@@brar1320 But Fir khali Growth rate kyu? Inflation bhi toh dekho na Upa times mein aur abh mein?

  • @gopalsoornahalli7634
    @gopalsoornahalli7634 3 месяца назад +1

    Govt didn’t do well for ppl in Covid utter failure, some got more money under this period modi failed in all fronts

  • @autarkhazanchi5948
    @autarkhazanchi5948 3 месяца назад +2

    Mr.Shekher,
    The growth by itself cannot be evaluated,unless compared with global economy.Then clearer position will emerge

  • @mayankmman
    @mayankmman 3 месяца назад +1

    We're discounting the covid period in 2014-2024 era which reduces growth average significantly. You might say we had 2008 financial crash, but then pre 2008 crash we had a huge economic bubble where we saw more than expected growth. Plus in 1991 we had economy opening up which spiked the growth in all sectors.

  • @gopalsoornahalli7634
    @gopalsoornahalli7634 3 месяца назад +1

    Coalition government would do better, yes

  • @jinxkhoche
    @jinxkhoche 3 месяца назад +2

    Hi Shekhar ji, surely you cannot ignore the larger geopolitics of the eras when comparing performance of coalition v/s non coalition? Eg. Impact of oil embargo after the yom kippur war etc. the late 90s to 2008 also marked an era of relative stability, seems correlated with higher growth rate. In comparison, today the world outlook is quite uncertain, which is bound to affect the growth rate.

    • @aniketaggarwal1224
      @aniketaggarwal1224 3 месяца назад

      But Ind still growing at 8%

    • @aniketaggarwal1224
      @aniketaggarwal1224 3 месяца назад

      Demonetization was to stop fake currency from Pakistan. Pakistan is shattered today.
      Therefore Demonetization has reaped rewards.

    • @aniketaggarwal1224
      @aniketaggarwal1224 3 месяца назад

      Inflation ko kyo bhool jaate ho tumh log 😂

  • @prateekgoyal2125
    @prateekgoyal2125 3 месяца назад +1

    Comparing 42 years 25 years and 10 years…Liberals 😂😂😂😂

  • @bugged1212
    @bugged1212 3 месяца назад +36

    What you forget is that coalitions have never been able to take longer term decisions including stuff like GST and other structural changes and infrastructure . The real results of the a peaceful non coalition era will be coming in the next 10-20 years as we reap those longer term changes.

    • @kumar.193
      @kumar.193 3 месяца назад +3

      So, none of the reforms that are done in the past year we are reaping any benefits is it.

    • @berserkhorimiya
      @berserkhorimiya 3 месяца назад +2

      @@kumar.193 You are, they just aren't clear yet. The GST bill has massively improved inter-state commerce, and is a factor at containing inflation below 6% (unlike UPA era) despite massive fuel price divergences

    • @aniketaggarwal1224
      @aniketaggarwal1224 3 месяца назад

      ​@@berserkhorimiya
      SG never talked about Inflation conveniently

    • @prabhavsidhaye5518
      @prabhavsidhaye5518 3 месяца назад

      FYI the 1991 reforms were not brought by majority government

  • @yoooo9422
    @yoooo9422 3 месяца назад +2

    Saving economy from default isn't an achivement they allowed this situation to happen

  • @consultanushka
    @consultanushka 3 месяца назад +1

    Talk secularism, danger to constitution/democracy, lack of job creation and field Hindu/Dalit candidates seems to be way forward for the opposition.

    • @kailashsingh7169
      @kailashsingh7169 3 месяца назад

      1 lakh free to all so called poor females head...free electricity and transport..old pension scheme agniveer etc..policies that will destroy the country in long term

  • @abbyi2
    @abbyi2 3 месяца назад +1

    Non sensible and nonsensical agenda pushing this guy

  • @randomstranger7989
    @randomstranger7989 3 месяца назад +6

    19:45 SG, have reported this in past as well and you seem to not correct yourself. "Ease of mining" is not a reform or achievement of any govt, clearances by environment ministry should be preceded by proper Environmental Impact Assessment (EIA) and ecological considerations. Wildlife and forests are not resources, they are our treasure.

    • @may4u310
      @may4u310 3 месяца назад +1

      Everything I mean everything has an impact of environment, so let's stop everything like in lockdown times.

    • @randomstranger7989
      @randomstranger7989 3 месяца назад +1

      @@may4u310 sustainable development exists

    • @may4u310
      @may4u310 3 месяца назад

      @@randomstranger7989 really ? In which country?

    • @randomstranger7989
      @randomstranger7989 3 месяца назад +2

      @@may4u310 why go outside country. Check how NH44 has been constructed inside Pench national park with so many underpasses for wildlife

  • @rijzone
    @rijzone 3 месяца назад +4

    I think a majority government led by Rahul Gandhi would be far worse than Modi's majority. This is why I support him because I know he will never be able to get a majority on his own. All the success stories of the world, be it Taiwan, South Korea or Israel show us if the institutions are strong enough, weak government and messy politics lead to better growth,counter-intuitively.

  • @sank8dalvi
    @sank8dalvi 3 месяца назад +1

    Respect Manmohan Singh ++

  • @ankitrajput-sk1qt
    @ankitrajput-sk1qt 3 месяца назад +1

    Kindly also compare performance of indian economy with other major economies in different eras you will get true picture.

  • @LivingStories-fd5gc
    @LivingStories-fd5gc 3 месяца назад +2

    Now this government won't be compared to Indira Gandhi's government

  • @ayush_dwr12
    @ayush_dwr12 3 месяца назад +2

    One big issue with the data analysis, you should include data for each year in the chart, and then color/group sections based on coalition or stable govt. That will provide a better picture of the trends going into each type of regime.
    other than that good perspective 👍

  • @harshalshah8845
    @harshalshah8845 3 месяца назад

    The german word for पूर्वग्रह is vorurteil 😊

  • @saradhiroy
    @saradhiroy 3 месяца назад

    Shekhar Sir Ur Comparing 25 Years of coalition era with 10 Years of Stable Era....25 To 25 Years karo...

  • @ज्ञानयज्ञ-श2झ
    @ज्ञानयज्ञ-श2झ 3 месяца назад

    धर्म के नाम पर अवैज्ञानिक बातें करके १००० लोगों में से ९९९ लोगों को आप अपने पीछे खड़ा कर सकते हैं पर जो १ बच जाता है वही तो आपकी मूर्खता की प्रमाणिकता है॥
    ❤️❤️❤️❤️❤️
    धर्म और विज्ञान को एक दूसरे का विरोधी बनाकर धार्मिक और वैज्ञानिक दोनों ही प्रकार के लोग दिन में तारे देखते और दिखाते हैं॥
    ❤❤❤❤❤
    ❤❤
    धर्म और आध्यात्म के लिए नैतिकता वैसे ही है जैसे मूंगफली का छिलका जैसे खेत में खड़ा वजूका (पुतला )

  • @TheAbhikashyap02
    @TheAbhikashyap02 3 месяца назад

    beautiful .... beautifullllllllllll........beautifulllLLLLLLLL!!!!
    my understanding of democracy goes up and up because of you!
    ONLY you help me solidify my knowledge base!
    and there is nothing else that I can ask from anyone but you!
    thank you !
    SiR

  • @dr.sagarguru9356
    @dr.sagarguru9356 3 месяца назад

    Plz do simple journalism abd narrate things in simple manner.... it's very hard to understand, because you are explaining things with very complex English...

  • @rudranathmandal9309
    @rudranathmandal9309 Месяц назад

    Here are the compounded annual growth rates (CAGR) for India's GDP during the specified periods:
    1. 1952-1989 (Pre-liberalization era):
    - CAGR: 4.1%
    - Starting GDP (1952): ₹1,51,000 crores (approximately $21.5 billion USD)
    - Ending GDP (1989): ₹5,58,000 crores (approximately $125 billion USD)
    2. 1989-2014 (Post-liberalization era):
    - CAGR: 6.8%
    - Starting GDP (1989): ₹5,58,000 crores (approximately $125 billion USD)
    - Ending GDP (2014): ₹105,39,000 crores (approximately $1.73 trillion USD)
    3. 2014-2024 (Current era):
    - CAGR (2014-2024): 7.5% (estimated)
    - Starting GDP (2014): ₹105,39,000 crores (approximately $1.73 trillion USD)
    - Ending GDP (2024): ₹242,55,000 crores (approximately $3.25 trillion USD)
    Note: The CAGR calculations are based on the GDP data from the Reserve Bank of India, Ministry of Statistics and Programme Implementation, and International Monetary Fund.
    Compounded annual growth rate (CAGR) is a useful measure to understand the growth rate of India's GDP over a period of time, taking into account the compounding effect of growth from year to year.

  • @arunsar7893
    @arunsar7893 3 месяца назад +1

    This comparison is a slight of hand.

  • @kalaimaniramakrishnan3541
    @kalaimaniramakrishnan3541 3 месяца назад +1

    Sir we know you want NDA to fail

  • @AlanHuntington101
    @AlanHuntington101 3 месяца назад

    Modi has thoroughly outmaneuvered all of you. His was a true masterclass; he meticulously orchestrated the entire affair, securing his position as Prime Minister once more.
    Literally gave the middle finger to all.
    He is a good dictator India needs.

  • @prembuddy
    @prembuddy 3 месяца назад

    Moody and fitch edling purposefully. Thuglife shekar gupta

  • @writedeepblue
    @writedeepblue 3 месяца назад

    We are a poor country. When will these improve?
    Average monthly earnings in India (2022):
    Self-employed: Rs 11,973
    Regular employee: Rs 19,010
    Casual worker: Rs 8,267
    From India Employment Report 2024 by International Labour Organization.

  • @LordNest66
    @LordNest66 3 месяца назад

    There are 4 epochs: 1st pre 1989, 2nd INC led coalition, 3rd NDA, 4th BJP. 3rd NDA and 4th BJP are on top.

  • @niravumaretiya5257
    @niravumaretiya5257 3 месяца назад

    How come are comparing 42 years period with 25 years period with 10 years period?

  • @sunil2548
    @sunil2548 3 месяца назад

    ye sab bakwaas hai …jo bhi hua hai 2014 k baad hua hai….. azadi hi 2014 me mili hai…..😂😂…Pokhran 2 me bhi jo blast kiya tha uska spark plug modi ne lagaya tha

  • @nkbnk8572
    @nkbnk8572 3 месяца назад

    Bullshit analysis.Grossly biased.Shame on you, Shekhar.

  • @bhuvan_reddy_
    @bhuvan_reddy_ 3 месяца назад +1

    No logic 25 vs 10 years

  • @soundar4270
    @soundar4270 3 месяца назад

    Indian Voters have given mandate to BJP to focus only on economy. 2024 Verdict is not for implementing UCC, 1 Nation 1 Election, Delimitation etc.
    Modi has to convince NDA partners & Congress to pass important Bills like Land Acquisition (with in 90 days) for Building Infrastructure projects such as Road, Railways, Airport, Hospital etc.
    If BJP tries to get majority of 272 seats by breaking other parties, NDA partners & INDI block partners will force Speaker to prove majority in the floor and topple BJP Govt.

  • @parnamsingh1716
    @parnamsingh1716 3 месяца назад

    Yes please cure yourselves. India got independent in 47 not in 2014...

  • @jda7499
    @jda7499 3 месяца назад

    1992 to 2014 the entire world was in a major growth phase with no major world issues.
    Modi ji stability from 2014 at 5.1% is super commendable.
    Hoping for steady strong Modi 3.0

  • @wokeymcwokeface1974
    @wokeymcwokeface1974 3 месяца назад

    Mr. Gupta doesn’t understand macroeconomics and finance.
    India badly needs labor market and ag market reforms. It also needs to divest from public ownership.

  • @kiwiwala
    @kiwiwala 3 месяца назад

    Watch the space, SG. RG will be the reason for the disintegration of the INDI alliance by the end of the year, when NDA will have 400 seats!

  • @aniketaggarwal1224
    @aniketaggarwal1224 3 месяца назад

    Demonetization was to stop fake currency from Pakistan. Pakistan is shattered today.
    Therefore Demonetization has reaped rewards.

  • @RohanKumar-zr3pj
    @RohanKumar-zr3pj 3 месяца назад

    If this guy has to shake his body so much to speak in English rather than struggling, he could start a channel in Hindi. पूर्वाग्रह preconcieve.

  • @kalyannnBH
    @kalyannnBH 3 месяца назад

    Modi should bring Raghuram Rajan and make him FM and let him work with some freedom. Otherwise Modi will sink in 2029.

  • @aniketaggarwal1224
    @aniketaggarwal1224 3 месяца назад

    Liberalisation in 1991 was forced
    It would have been better if that step would have been taken in Nehru's time only

  • @ganeshj3710
    @ganeshj3710 3 месяца назад

    Narendra's achievement of house for ram lalla after 500 years, statue of unity the world most sought after tourist destination, vande barath express connecting people, statue of valour, statue of equality, statue of Lord Hanuman in Morbi, Gujarat

  • @MrVipulrana
    @MrVipulrana 3 месяца назад

    Bhai What about the Inflation rate and GDP of other countries at the same time??? Do not try to manipulate the public..... Its 2024 not 2000 or so!!! Today Everybody can fetch information sitting in a village also !! Don't try to fool

  • @shishirsks
    @shishirsks 3 месяца назад

    Nice liberal propaganda by theprint! Please don't blame the abysmal "Hindu rate growth" on Majority, blame it on the loony, commy, appeasement poliies of Nehru, Indira and Rajiv Gandhi family! India has always growth better under the helm of a meritocratic Non-Gandhi!

  • @SagarAbhishek
    @SagarAbhishek 3 месяца назад

    Muslims vote are appearing to have made a difference because, this time Hindus didn't united and voted en bloc like we did in 2014 and 2019.
    And this time muslim consolidation making BJP have a loss of 40 seats from UP and Bengal is the reason why that we hindus should worry about Islamisation of Bharat (India) being a real threat and going forward we should again vote enbloc like 2014 and 2019 so that Bharat remains a Hindu majority country for ever and laws like UCC should be implemented without any further delay.
    Also, special laws for them like AIMPLB and Waqf board should be scrapped by BJP with immediate effect or they will Islamise entire Bharat like they have done with Pakistan & Bangladesh (which not so long ago were a part of Bharat), and are already doing so in Kashmir and Kerala.

  • @youraritra
    @youraritra 3 месяца назад

    Sorry, Sekhar Sir, but this is an inherently flawed argument. While showing these data points, you are conveniently comparing the pre-1991, i.e., pre-LPG reform era economy of India, with the post-liberalization era economy when India opened its economy after the reforms carried out by the Narasimha Rao-led coalition government, followed aptly by the Vajpayee government. So, this jump in the growth rate was bound to happen when you open up your controlled economy. And as the base, i.e., the size of the economy, has grown, keeping that same pace was always difficult. If anything, the Modi-led BJP from 2014-2024 was expected to do much more on the reform front, but it has actually shied away from taking them convincingly owing to the compulsion of electoral politics.

  • @shaswatmayur
    @shaswatmayur 3 месяца назад

    SG, its not apple to apple comparison.. 40 year, 25 year to 10 years Comparison...

  • @unhinged791
    @unhinged791 3 месяца назад

    Such simplistic argument. The starting point of macro parameters is important. UPA 1 received great macro data from Vajpayee whereas Modi 1 received Fragile 5 macros from UPA 2. Flawed logic to the extreme. No knowledge of Economics shows in this video. Suggest shekhar to only take subjects on which he has some mastery