संवाद # 180: Ex-RBI Governor D Subbarao defends his policies during 2008 financial crisis

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  • Опубликовано: 13 июл 2024
  • Duvvuri Subbarao is an Indian economist, Central Banker, and retired IAS officer. He was the 22nd Governor of Reserve Bank of India, served under Prime Minister Dr. Manmohan Singh. After stepping down from RBI, he was a Distinguished Visiting Fellow first at the National University of Singapore and later at the University of Pennsylvania.
    0:00 RBI governors don’t get pension?
    1:00 Work culture in IAS Vs RBI
    4:21 Original sin - Why RBI started forbearance before economic crisis?
    5:54 Chidambaram wanted to use forex reserves for infrastructure
    7:07 Forbearance explained
    7:56 RBI’s biggest mistake that damaged economy
    11:52 Why Subbarao continued forbearance even after economic recovery?
    14:05 UPA’s freebies caused inflation crisis?
    17:41 India’s declining savings rate is a problem?
    20:17 RBI independence above national interest?
    22:39 Conflict between growth & inflation
    23:42 How RBI’s actions impact common man
    28:41 How RBI’s action can hurt growth
    31:13 Should RBI give dividend to govt?
    34:30 UPA’s farm loan waiver was a big mistake?
    38:08 This is a big problem with GST today
    42:06 Subbarao’s favourite politician
    44:30 Experience of working under NT Rama Rao
    45:30 Prime Minister told Subbarao in private…
    46:03 Problem with India’s scarcity mindset
    49:38 Academia in India Vs Foreign countries
    51:29 D Subbarao’s passion he wants to work on

Комментарии • 89

  • @sunilaraganji1466
    @sunilaraganji1466 2 месяца назад +37

    One of the most professional podcast i have ever watched. Thank you brother

    • @Vaad
      @Vaad  2 месяца назад +3

      Thank you for watching 🙏

  • @sonukumar-ce1wl
    @sonukumar-ce1wl 2 месяца назад +47

    10k to 473k , Kudos to your hardwork , Arihant! No masala, no irrelevant questions only content. Simplicity is core of all episodes !✨️ 1st indic podcast channel. Keep going.. 💪 !!

    • @Vaad
      @Vaad  2 месяца назад +9

      Thank you brother. Keep watching 🙌

    • @nitchow
      @nitchow 2 месяца назад +2

      Agreed. One of the crispest interviewing style.

    • @user-th8dq1ev2l
      @user-th8dq1ev2l 2 месяца назад

      For history pls call surya roy sir and praveen mohan they are amazing and talk about dharmic revival.
      Besides the veducation founder can also be great guest at your amazing podcast who is working to re establish gurukul school.Also Sahana singh who is based in usa to talk about ancient indian education.Venkatesh rangan sir is a great historian too who has published three books and worked upon ancient indian conquests and our great civilization.Raghava krishna ,the founder of brhat is doing great work.Also rajeev malhotra of USA who wrote the book Snakes of Ganga
      Also ,Capt praveen chaturvedi who made sahib movie is great person who advocates for our santana cause and tells how it has been systematically destroyed.Shaleen wadhwani is a great art educator,curator and talks greatly on how British looted of our riches and how it can be repatriated Also vedveer arya who talks about correct chronology of Indian history.Abhijit jog who is an author also challenges the leftists ideology snd fake history still taught in india.Jay vardhan singh a phd scholar from jnu is also a great history buff

  • @shreyanshsuvin
    @shreyanshsuvin 2 месяца назад +15

    Who said the mans not a competent teacher? The way he explained concepts and decisions is better than most professors i know.

  • @abhisheksanyal4930
    @abhisheksanyal4930 2 месяца назад +9

    This is one of the finest interviews I have seen which effortlessly conflates technicality with accessibility. Kudos Mr Arihant! Have become your fan.

    • @Vaad
      @Vaad  2 месяца назад +1

      Thanks Abhishek!

  • @Hypocritial
    @Hypocritial 2 месяца назад +48

    RBI Governor has more prestige.Raghuram Rajan is still crying and holding grudge against Modi. Please read his senseless sour grapes rant in FT yesterday "Trading democracy for prosperity is a false choice for Indians"

    • @vaibhavtiwari2102
      @vaibhavtiwari2102 2 месяца назад +10

      So true he acts like puppet of Rahul Gandhi 😂

    • @jitujitu9157
      @jitujitu9157 2 месяца назад

      I remember him critical of Modi government for not developing Mass immunity during First Wave of coh-vid ....which did not make sense and is impractical. Then he stayed silent, because he knew it had back fired!!! I don't understand how can a Banker tell Medical Fraternity on how to fight that Monster??!!
      He is a pure leftist which can be gauged from the fact that he said our country is now undergrowing due to Hindus choosing the current government .....such a loser!!!

  • @rajanghotgalkar1532
    @rajanghotgalkar1532 2 месяца назад +7

    Superb interview - far better than those conducted by the big media pundits .

    • @Vaad
      @Vaad  2 месяца назад +1

      Thank you!

  • @Sunj7
    @Sunj7 Месяц назад +1

    Kudos to the youtuber! The way you have prepared for this conversation is admirable.

  • @RahulPandey-xj6ho
    @RahulPandey-xj6ho 2 месяца назад +9

    Intellectually rich discussion, questions were too the point .. really loved it.. Thank you Arihant bhai

  • @roopmukherjee3006
    @roopmukherjee3006 Месяц назад

    Thoroughly enjoyed the podcast.

  • @1857authority
    @1857authority 2 месяца назад +8

    This was a top-notch podcast. excellent professional question you asked. if the same question you would have asked that RRajan guy, he would have quit the podcast in midway 😂😂😂

    • @Vaad
      @Vaad  2 месяца назад

      Let's see :)

  • @ashishsahu9939
    @ashishsahu9939 2 месяца назад +1

    I Love these kind of financial podcasts, sadly no other channels does this with this nuance

  • @kumarshanu6429
    @kumarshanu6429 Месяц назад

    Clear and concise interview

  • @supremearya
    @supremearya Месяц назад

    Great! Watched it completely.

  • @sachindidel561
    @sachindidel561 2 месяца назад +6

    Great episode ! Plz bring rajashri nandy ji again .

  • @AmalTan
    @AmalTan 2 месяца назад +1

    Insightful conversation!

  • @dharmicdiplomat
    @dharmicdiplomat 2 месяца назад +3

    Great podcast Arihant Bhai

    • @Vaad
      @Vaad  2 месяца назад

      Thank you bhai.

  • @raghav3914
    @raghav3914 2 месяца назад +2

    The content quality and your research up to the mark with internetnational media

  • @ChandreshTrivedi-vq6mi
    @ChandreshTrivedi-vq6mi 2 месяца назад +1

    Great podcast as always!

  • @Abhi-lq7qm
    @Abhi-lq7qm 2 месяца назад +4

    Superb keep on ....can u interview Bansi gir Gaushala founder Gopalbhai Sutariya he has done amazing work on cultural preservation👍

  • @jyotiahlawat2608
    @jyotiahlawat2608 2 месяца назад +1

    Great discussion 🎉

  • @hackedmonk
    @hackedmonk 2 месяца назад

    Wow you nailed it, this guest coming to your show is great and commendable. This proves your worth of work 👌

  • @manojsonune6956
    @manojsonune6956 Месяц назад

    Very good interview, thanks 🙏

  • @teenbull2907
    @teenbull2907 Месяц назад

    Quality episode👏🏻

  • @user-th8dq1ev2l
    @user-th8dq1ev2l 2 месяца назад +3

    For history pls call surya roy sir and praveen mohan they are amazing and talk about dharmic revival.
    Besides the veducation founder can also be great guest at your amazing podcast who is working to re establish gurukul school.Also Sahana singh who is based in usa to talk about ancient indian education.Venkatesh rangan sir is a great historian too who has published three books and worked upon ancient indian conquests and our great civilization.Raghava krishna ,the founder of brhat is doing great work.Also rajeev malhotra of USA who wrote the book Snakes of Ganga
    Also ,Capt praveen chaturvedi who made sahib movie is great person who advocates for our santana cause and tells how it has been systematically destroyed.Shaleen wadhwani is a great art educator,curator and talks greatly on how British looted of our riches and how it can be repatriated Also vedveer arya who talks about correct chronology of Indian history.Abhijit jog who is an author also challenges the leftists ideology snd fake history still taught in india.Jay vardhan singh a phd scholar from jnu is also a great history buff

    • @varunkhugshal9049
      @varunkhugshal9049 2 месяца назад

      Parveen mohan is too obsessed with aliens, which obviously makes all his observations sound loony, some observations which are artistic in nature are great.. but some are outright conspiracy theory...makes him less credible

  • @rahuljaiswal9656
    @rahuljaiswal9656 Месяц назад

    शांदार जबरजस्त

  • @govindaaggarwal103
    @govindaaggarwal103 2 месяца назад

    Nice interview! 👍

  • @ManojKumar-nu3dx
    @ManojKumar-nu3dx Месяц назад

    Great Podcast

  • @user-qj6eq4mk1y
    @user-qj6eq4mk1y 2 месяца назад

    Arihant I have been following you in twitter before this channel, great content brother keep it up.

  • @srinivasgatla
    @srinivasgatla Месяц назад

    One of the most meaningful and well discussed podcast..

  • @sarthakchaudhary3515
    @sarthakchaudhary3515 2 месяца назад +3

    Great to see your episodes
    Really aspiring to see arihant bhai hardwork 😊

    • @Vaad
      @Vaad  2 месяца назад

      Thank you bhai 🙏

  • @mayankm5200
    @mayankm5200 2 месяца назад

    Very good interview.

  • @brijrai9081
    @brijrai9081 2 месяца назад

    One of the best podcasting channel

  • @RanjanSarma
    @RanjanSarma 2 месяца назад +1

    It's difficult to be a better human being. But the interviewer can start the process by drastically cutting down on the number of times he says 'you know.' He will have the unrestrained support of the listening public in this endeavour.

  • @joshua_ch
    @joshua_ch Месяц назад

    Good interview.

  • @shukantladevi7364
    @shukantladevi7364 2 месяца назад +1

    Very good

  • @Enthusiastic_Bread
    @Enthusiastic_Bread Месяц назад

    Grilling session it was.

  • @MrDashsurya
    @MrDashsurya 2 месяца назад

    excellent want one more episode with mt shubarao on how to increase efficiency in service on both govt and pvt sector

  • @frost6471
    @frost6471 2 месяца назад +1

    Thanks vaad team

  • @NitishKumar-gj7fi
    @NitishKumar-gj7fi 2 месяца назад

    Fantastic podcast... lot to learn from. Thank you arihant... do keep coming with more of these.... Brillant questions... stay blessed...

    • @Vaad
      @Vaad  2 месяца назад

      Thank you Nitish :)

  • @nitingupta2738
    @nitingupta2738 2 месяца назад

    Good content

  • @RAKBAKX
    @RAKBAKX 2 месяца назад

    Thanks

  • @meetdelvadiya2588
    @meetdelvadiya2588 Месяц назад

    Please Check Mike Quality but I enjoyed your podcast keep it up ❤❤❤❤❤

  • @rajanpatel57
    @rajanpatel57 2 месяца назад

    no froth vlog ! keep it coming…

  • @user-wk9hj4zy3c
    @user-wk9hj4zy3c 2 месяца назад +3

    RR was worst thing happened to RBI

  • @tegasingh8489
    @tegasingh8489 2 месяца назад

    knowledeg ganing all episod mr. arihant sir

  • @DhruvMalikk
    @DhruvMalikk 2 месяца назад +2

    👏👏

  • @unknownartist8543
    @unknownartist8543 2 месяца назад +2

    Ram Ram

  • @shukantladevi7364
    @shukantladevi7364 2 месяца назад +1

    👌🏻👌🏻

  • @srinivasgatla
    @srinivasgatla Месяц назад

    Rythu Bandhu is from Telangana not from Andhra..

  • @Noname-oq9mk
    @Noname-oq9mk 2 месяца назад

    Call prof. Tantri....

  • @shashaankthakur6093
    @shashaankthakur6093 Месяц назад

    Arihant bhai Rohit Pathania bhai ko bulao election results se pehle Punjab, Himachal, Uttarakhand aur Jammu decode karne ke lie..

  • @saitandale8482
    @saitandale8482 2 месяца назад +3

    Thumbnail bohot wierd lag raha hai bhaiya ....

    • @Vaad
      @Vaad  2 месяца назад +1

      Kya daalein? Batao 😀

    • @saitandale8482
      @saitandale8482 2 месяца назад +1

      @@Vaad Short and on point rakh do na 😅 Pics ko thoda bada karo or 2 Pics and 3 to 4 words par thumbnail thik lagta hai

    • @masterhind2036
      @masterhind2036 2 месяца назад

      ​​@@VaadLooks a bit too crowded. Please see if you can make it cleaner especially in the right side.

  • @prashantpatil2114
    @prashantpatil2114 Месяц назад

    The most expensive thing in the world is “TRUST” cheap people can't afford it.
    Be neutral

  • @periramana8556
    @periramana8556 Месяц назад

    😂 Forbearance I is relaxation concessions not waiving huge loans

  • @NativeVsColonial
    @NativeVsColonial 2 месяца назад +1

    Why digital game prices are cheap in Argentina and Turkey?
    Now don't reply by saying “Inflation”, explain in details.

  • @barunkumar448
    @barunkumar448 Месяц назад

    Bhai aapke lishner Hindi medium se hai to Thora Hindi me bhi kar liya karo

  • @mr.incredibleronaldo
    @mr.incredibleronaldo Месяц назад

    Bhai Sri M ko bulao please 🙏❤

  • @HAHA-ix9vx
    @HAHA-ix9vx Месяц назад

    Bring " Ex Muslim sahil " on the podcast!!! Without lies Islam dies!!!

  • @iXpress
    @iXpress 2 месяца назад +2

    Manmohan & this man alone responsible for huge loss to India. He can say anything to defend.

  • @mitpardan
    @mitpardan 2 месяца назад +1

    First

  • @cruze86
    @cruze86 2 месяца назад

    I have been watching Vaad for quite a long time and i am seeing that it is favouring BJP and doing podcast against opposition and condemning every other policies of opposition in the past even if it is well being of poor people. Seems like it is a propaganda against opposition and sponsored by right wing because in every podcast the host and the guest are trolling and degrading the image of opposition and not talking about the inflation in the current scenario, unemployment and polarisation between rich and poor in the current government rule.

    • @MOHIT836
      @MOHIT836 2 месяца назад +1

      What's their to eulogise about the congress?😂😂

    • @UK-xv1db
      @UK-xv1db 2 месяца назад

      Everyone who speaks truth is deemed propaganda by stooges of pappi

    • @satyamgolu
      @satyamgolu 2 месяца назад

      Just search for last 25 years of data for infaltion

    • @t--k.
      @t--k. 2 месяца назад +1

      Its not sponsored. Creator and his viewers geniuly believe that modi ji has transformed India and congress is anti india.
      One question he asked that inflation was caused by UPAs freebies policy and even painted manrega also a freebie...
      And governor immediately refuted his claim.
      Anyways 100 days right to work will always seem wasteful expenditure to elites..
      Further, will shaktikanta das have the guts to give such interviews in future exposing failures, I don't think so.
      I remember one viral video of sardar ji where he was saying before 2014 we all were aadimanav aur paatey lapetey the.
      Thankyou modiji😂

  • @MandeepSingh-nm2qj
    @MandeepSingh-nm2qj Месяц назад

    last days of andhbhagti🤣🤣