Definitely maam, if someone is in Mumbai or Bangalore, if they get something spare after giving high rent, then they can eat. The food inflation is too high. Other expenditure like medical, education has multiplied too. In lots of states, the state govt. as well as Central govt. are providing 🆓 ration to lots of people. This factor also contributes to your consumption in food category.
Free trade agreements? Tariffs? Treating foreign companies fairly and with respect. Resolving contract disputes in timely manner. Why have goods export growth been so pathetic since 2011?
The Irony is both of them have high-paying jobs and they want youth to take Rs. 10,000 jobs so that they can be termed as employed. India doesn't have jobs and that's why the job has electoral resonance. Just see the cost of land and rent and you want an unemployed family to have so much surplus to give that to youth and open the business of what? Entrepreneurship is not for the unemployed it's for those who are in sitting top posts and have enough capital and understanding of the market.
😂😂 I am 100% sure u are a Bihari or Upite because those are the guys who speak like this….😂…..U guys are into govt jobs so you can loot and oppress the poor…India has jobs but there is no skill to do it…I mean I want u to analyse ur self will u be able to do the job perfectly if I give u a job today (No right Inhave to train u for 6-12 months)…..India has no UN employent problem but under employment problem which means youth want good jobs but they don’t have those skills and those who have such skills are into sarkari babu culture and writing exams for years on….The 10k 20k u are talking about let me give a personal example my brother did 18k TCS job joined just 4 years ago and now he shifter company and makes 80k per month….that is what job experience gives u
While you might be right for some people. I have personally known many people in the middle class who spend 4-8 years of there life just in preparing for Sarkari naukri, when they could have started to work in a 25-35K job, which might not sound much but in 8 years time you would come at almost 70-80K which is not bad at all.
You have not touched upon the increasing "eating out" and "ordering in" culture which could camouflage the consumption of cereals, pulses, vegetables etc.
Dr Shamika Ravi has apologised openly and her article was withdrawn as she repeatedly apologised when it came to light that she copied the had work of others without giving them credits... Plagiarism for a researcher is like suicide for an army man and honesty for our PM...
Unfortunately, India is a dwarf compared to China as far as education and skills among the youth are concerned. All parties including Congress and BJP bear the responsibility. Lame interview, no critical questions asked.
Kudos to TCA Sharad Raghavan too for his deep understanding of the subject and very carefully managing the interview without overbearing or intrusive 👏🏼👏🏼👏🏼 I am also a regular watcher of your macrosutra with Dr Radhika Pandey and earlier the Ilanomics with Prof Ila Patnaik. Very very informative and very relevant topics chosen 👏🏼👏🏼 SG, your team is indeed incredible ❤❤
India has no progress. Its progress is basically riding with the global technology and social progress. For example, the world's electricity technology has grown in such a way that is much cheaper to produce electricity, so India benefits the arrival of this technology. India itself did not do anything to make this possible. It is just riding along.
V good, broad ranging interview. Comes down to entrepreneurship, risk taking, mfg at low end, reskilling with focus on factory jobs - linked to dignity of labor, infra (happening). Need census. Overall, definite improvement in povert decline.
we closed 60,000 govt schools after 2020. We have such pathetic primary education, I don't know how we can ever catch any bus other than sustainance farming.
Please lay the blame on the Sarkari employees, in this case, govt school teachers! They just want a huge salary (completely NOT in synch with the local market rates) but have downright pathetic sincerity when it comes to working for that money. Govt school teachers themselves hardly ever send their own kids to govt schools. In my town, high-end private schools are filled with kids of govt employees and local business families.
Wonderful progress. However, with sincere apologies, it was deeply disturbing to hear Shamika Ravi saying that packaging and processing of food is a sign of progress and a natural evolution, is ignorant recitation of capitalistic catechism. Policy makers need more enlightenment on this for a truly Bharateeya view of economics. This doesn’t take away from the sincere hard work being put in by people like Ms. Ravi.
There are both healthy and unhealthy packaged foods. Do communist and socialist countries ban packaged food? Are they also indulging in ignorant capital catechism?
Sadly, by the time this country failed to attract sufficient foreign investment for industrialization, it had already earned the notorious reputation of being a graveyard for foreign capital due to several infamous incidents. With upcoming carbon emissions tax and the rise of high automation, the door to industrialization is closing on it
We need bureaucratic reform. Our Bureaucracy is a death knell to industrial investment attractiveness. The impact of bureaucracy is so large that even opposition of India can proudly say govt is yours lekin system hamara hai.
"we need our youth to take risks" - and what is the social security net they have if they fail? your govt doesnt even have money to pay salaries to armed forces that they bring in schemes lke Agniveer
@@counterpoint9260 It's not that govt doesn't have money to pay salaries. But spending itself is shifted to buying advanced modern equipment, because that is the need of the hour. So, money has to be saved somewhere.
@@counterpoint9260 When enterpreneurs fail, they file for bankruptcy. Skill in running a business is also needed. Vocational training is imparted for that.
@@rajx7120 then save it by cutting down on freebie schemes like free food grains to 80 crore folks most of whom dont need it..stop giving loan writeoffs to the adanis and ambanis..
@@counterpoint9260 freebie I agree. Loan write-off is not same waiver. You are either misinformed or doing propaganda. No corporate got money in loan write-off. Banks got money to keep functioning. Loan recovery continues under IBC. And Adani and Ambani did not have any bad loans.
This is the typical lazy mentality typical of people in some states in India - Aspirational poverty. What kind of social security due you want for the youth - their age is their biggest asset? Then again you want higher paying jobs but you do not want to develop the right skillsets (its an investment too on yourself - a risk) and do not want to take risks in starting businesses. Good luck.
It would be interesting to see the growth in the share of health care , medical expenses, correlated with other services. A reduction in food concern, how far it is coming from good health? Also on the organised 5% looting the development spent classic example must be Kerala.
A well conducted interview. Happy to hear the intent to promote manufacturing. There needs to be incentives to make it happen. The US is addicted to Chinese goods even today in 2024 for furniture, kitchen islands, desks, household goods. Even cast iron skillets and cutlery. All sold on Amazon. All of these are manufactured by MSMEs. These are best manufactured in rural areas where there is abundant candidates, who need skilling.
That means the person in your example is not eating at the roadside eatery and eating at a decent place. Instead of that, if that person eats at home, the food expenses will come down to 30%
the simple fact about India manufacturing, Modi promised to create 100 million jobs in manufacturing actually saw a decrease from over 60 million jobs to just 27 million. Similarly, Modi promised of raising India's manufacturing GDP from 16% to 22% by 2022, now it dropped from 16% to 13%.
Gandhi family destroyed manufacturing by allowing Chinese imports during UPA era. So, many factories around Delhi had to shutdown. It was Pranab Mukherjee's retrospective taxation, that caused Nokia and Cairns energy to leave India, and bankrupted Vodafone. Modi's PLI scheme has revived manufacturing in strategic areas like Pharma API, and also electronics.
It was so relieving to hear from EAC members that they share the same concerns and some of the data was mind boggling. TCA asked all the relevant questions with utmost honesty and his guest selection has been invaluable. A very enriching conversation. Thank You.
Onion prices go up. Economist says = Indians are spending less on food. We have become a developed country. Remarkable. An estimated 20% - i.e., around 25 crore of India’s population is below the poverty line (BPL) with each person surviving on Rs.35 per day which works out to Rs. 13,020 per year. Going by these calculations the cumulative total spend by the entire BPL population could be an estimated Rs.1,84,331 crore which is around 2% of the total GDP of over Rs.240 lakh crore. In terms of Purchasing Power Parity PPP, the individual income of those below the poverty line, i.e. Rs. 13,020 is around 5.7% of the India’s per capita GDP of Rs. 2,27,760. Household saving have fallen (% of gdp): 2009 = 25.3% 2010 = 24.8% 2011 = 24.3% 2012 = 23.6% 2013 = 22.5% 2014 = 20.3% 2015 = 19.6% 2016 = 18% 2017 = 18.1% 2018 = 19.3% 2019 = 20.3% 2020 = 19.1% 2021 = 22.7% 2022 = 20.1% 2023 = 18.4% 2024 = 18.9% Household debt for survival have increased (% of gdp): 2015 = 26% 2021 = 32% 2024 = 40.9% India has missed out on the export opportunity presented by China’s withdrawal from labour-intensive manufacturing sectors such as apparel, leather, textiles, footwear, gems & jewellery (in fact it has dropped nearly 12% compared to pre-pandemic levels 5 years ago); while, countries like Vietnam, Poland, Germany, & France have managed to increase their global export share in major job-creating sectors. While, China has successfully managed to push-out Indian SMEs from the fast-growing Asian markets, using free-trade agreements like Regional Comprehensive Economic Partnership (RCEP).
@@kd6788 fall in saving = means more stable eh? how? If that is true, then a family with no saving is the most stable economically! By your logic, States that carry large debt are very stable. What stupid logic. In 6 years pre-covid, the average farm debt rose 58% as per Govt of India's National Statistical Office 2019 survey. Is that stable? Onion price increase comment was an example about overall FOOD inflation, which has increased by 10 times, adding economic stress on households. Don't just say you don't eat onions.
Household debt may or may not be for survival, incorrect to assume all debt is for survival (say marriages, new acs, vehicles are also financed by debt) One product getting more or less doesn't affect long term patterns. Onion prices will always shoot up every Sept-Dec every year. The data says over the year the average Indian spends less than 50% on food (all food including cereals/meat etc) Please stick to political points in political videos and not on economic parts where we are trying to learn and improve across political parties.
@@oyehoyemon2286 Sure, good excuses & lengthy spin, but the fact remains, if the average household has less money in their saving every year. This means they are poorer. Home loans or Education loans are 8% to 10%. While, Corporations pay 5-7%. Meanwhile, farmers pay 11%. This union govt has reduced corporate tax by half by reducing it to 22%, in last 10 years, meanwhile if a common man earns Rs 10, then he has to pay Rs 3 for income tax, Rs 2 - 2.50 goes into GST, Rs 2 goes into Capital Gain charges and Rs 1 -1.50 goes into some other charges, which means Rs 7-8 goes to the union govt. Also, the total outlay for the PM Kisan Yojana for the 2019-2024 period was Rs 4.03 lakh crore, but only Rs 2.35 lakh crore was spent, meaning the government kept 48 percent of the budgeted money with itself.
@@oyehoyemon2286 Sbi underwrites the entire loan of 12,770 crores of Company A. The 2 Companies, closest to this govt, have itself received massive write-offs for their loans. The no of cases of wilful defaulters of loans have peaked 1.6 times from 2014 to 2023. Punjab bank loan to Company A = 70 billion. Banks have written off 10,09,511 crores loans in 5 years. Meanwhile, poorest & middle-class of India pay 64% & 33% of total gst, while industrialists pay 3% of gst, oxfam. Powerful industrialists like Company 'A' exert significant influence over the govt for favour which are type of freebies. The trickle-down economics approach has failed, in both US & in India, it only makes the super rich even richer & the majority become beggars.
If poor work all night in the bedrooms , then UNEMPLOYMENT WILL GROW FASTER . MOST OF THE UNEMPLOYED ARE THOSE WHO ENJOY TO BE UNEMPLOYED AND UNEDUCATED . WE MUST FORCE THEM TO DO FORCED BENEFUCIAL MANUAL LABOUR - in agriculture and in construction etc . which require HARD MANUAL LABOUR . WILL WE LOOK INTO IT .
Shamika ask your boss Modi to spend more on primary education, healthcare and science R&D..we dont have a single university in top 150 and your boss is bullshitting about Viksit bharat
@@adityabanerjee7145 govt runs lots of educational instituions centrally..all your IITs, NITs, IIMS, AIIMS etc etc..plus BJPee is also in power in lots of BIMARU states like UP
@@adityabanerjee7145 as if BJPee doesnt do the same during their elections? funding for all CSIR labs and IITs, AIIMS etc comes from center..they have funds to develop world class colleges and universities
@@svrkprabhakar IITs, AIIIMS etc etc are in Modi's control..none of them rank in even top 150..he has funds to do much more yet he gives it all away to his crony capitlaist friends
@@counterpoint9260 - You chose IIT, AIIMS to show how bad India is in education - those are the good ones that produce solidly competent graduates. They do fine ranking wise too but fail as number of foreign students, faculty and quality of campuses are better in the West which is fine. The primary education rot - a state subject is a creation of Kongress and Caste parties which India suffers from.
@@x_man007 I dont think learning to read between the lines would help. To understand what you wrote earlier, I think I'll need to learn how to communicate with monkeys and apes. Just because the data provided by her doesn’t align with or support your worldview, you don’t like it.
Your comment about 5% govt employees calling the shot. Well , firstly 5% votes matter. Secondly, the whole family benefits from pension, not only the pensioner. So de facto there may be at least 2 or maybe 3/4 members who benefit from pension. It add to family income. So politicians are not just looking at 5%, they are targeting 15-20%. Though a pensioner myself, I am not for old pension scheme. It must become contributory in greater interest. I am only saying that politicians are smarter than we think they are
What an amazing and informative discussion. Dr Shamika Ravi is indeed a very hands on development economist 👏🏼👏🏼🙏🏼🙏🏼💐
Definitely maam, if someone is in Mumbai or Bangalore, if they get something spare after giving high rent, then they can eat. The food inflation is too high. Other expenditure like medical, education has multiplied too. In lots of states, the state govt. as well as Central govt. are providing 🆓 ration to lots of people. This factor also contributes to your consumption in food category.
What a great interview - I’m so glad the print does these types of shows
Free trade agreements? Tariffs? Treating foreign companies fairly and with respect. Resolving contract disputes in timely manner. Why have goods export growth been so pathetic since 2011?
Congress allowed Chinese goods into India which created damage
The Irony is both of them have high-paying jobs and they want youth to take Rs. 10,000 jobs so that they can be termed as employed. India doesn't have jobs and that's why the job has electoral resonance. Just see the cost of land and rent and you want an unemployed family to have so much surplus to give that to youth and open the business of what? Entrepreneurship is not for the unemployed it's for those who are in sitting top posts and have enough capital and understanding of the market.
😂😂 I am 100% sure u are a Bihari or Upite because those are the guys who speak like this….😂…..U guys are into govt jobs so you can loot and oppress the poor…India has jobs but there is no skill to do it…I mean I want u to analyse ur self will u be able to do the job perfectly if I give u a job today (No right Inhave to train u for 6-12 months)…..India has no UN employent problem but under employment problem which means youth want good jobs but they don’t have those skills and those who have such skills are into sarkari babu culture and writing exams for years on….The 10k 20k u are talking about let me give a personal example my brother did 18k TCS job joined just 4 years ago and now he shifter company and makes 80k per month….that is what job experience gives u
While you might be right for some people. I have personally known many people in the middle class who spend 4-8 years of there life just in preparing for Sarkari naukri, when they could have started to work in a 25-35K job, which might not sound much but in 8 years time you would come at almost 70-80K which is not bad at all.
Packaged foods, processed foods, food adulteration, preservatives etc need to be regulated and quality checked from the health point of view.
You have not touched upon the increasing "eating out" and "ordering in" culture which could camouflage the consumption of cereals, pulses, vegetables etc.
India has failed in manufacturing exports
Dr Shamika Ravi has apologised openly and her article was withdrawn as she repeatedly apologised when it came to light that she copied the had work of others without giving them credits...
Plagiarism for a researcher is like suicide for an army man and honesty for our PM...
Unfortunately, India is a dwarf compared to China as far as education and skills among the youth are concerned. All parties including Congress and BJP bear the responsibility.
Lame interview, no critical questions asked.
Kudos to TCA Sharad Raghavan too for his deep understanding of the subject and very carefully managing the interview without overbearing or intrusive 👏🏼👏🏼👏🏼 I am also a regular watcher of your macrosutra with Dr Radhika Pandey and earlier the Ilanomics with Prof Ila Patnaik. Very very informative and very relevant topics chosen 👏🏼👏🏼 SG, your team is indeed incredible ❤❤
Nice, non obtrusive interviewing style!! Very refreshing!
India has no progress. Its progress is basically riding with the global technology and social progress. For example, the world's electricity technology has grown in such a way that is much cheaper to produce electricity, so India benefits the arrival of this technology. India itself did not do anything to make this possible. It is just riding along.
What about the lack of seats for higher education which leads to students spending billions of dollars for study abroad?
V good, broad ranging interview. Comes down to entrepreneurship, risk taking, mfg at low end, reskilling with focus on factory jobs - linked to dignity of labor, infra (happening). Need census. Overall, definite improvement in povert decline.
we closed 60,000 govt schools after 2020. We have such pathetic primary education, I don't know how we can ever catch any bus other than sustainance farming.
An account that was oppened just before the election. 31st May 2024. Most certainly this is not a troll account!
That will be subsistence farming
How many people want to send their children to government school
They have more money to spend so they opt for a private school for better education
Please lay the blame on the Sarkari employees, in this case, govt school teachers! They just want a huge salary (completely NOT in synch with the local market rates) but have downright pathetic sincerity when it comes to working for that money. Govt school teachers themselves hardly ever send their own kids to govt schools. In my town, high-end private schools are filled with kids of govt employees and local business families.
Wonderful progress. However, with sincere apologies, it was deeply disturbing to hear Shamika Ravi saying that packaging and processing of food is a sign of progress and a natural evolution, is ignorant recitation of capitalistic catechism. Policy makers need more enlightenment on this for a truly Bharateeya view of economics. This doesn’t take away from the sincere hard work being put in by people like Ms. Ravi.
There are both healthy and unhealthy packaged foods. Do communist and socialist countries ban packaged food? Are they also indulging in ignorant capital catechism?
Thank you for pointing this out! Such an incredible observation. I don’t understand what’s remarkable about lesser consumption of cereals!
Sadly, by the time this country failed to attract sufficient foreign investment for industrialization, it had already earned the notorious reputation of being a graveyard for foreign capital due to several infamous incidents. With upcoming carbon emissions tax and the rise of high automation, the door to industrialization is closing on it
We need bureaucratic reform. Our Bureaucracy is a death knell to industrial investment attractiveness. The impact of bureaucracy is so large that even opposition of India can proudly say govt is yours lekin system hamara hai.
why is govt reluctant to take census? no NITI AAYOG member address this..without doing the census how will policy implementation be effective?
Raghuram Rajan says India shouldn't have manufacturing! Read his hit piece in FT
Brilliant 👊🏽
Excellent
"we need our youth to take risks" - and what is the social security net they have if they fail? your govt doesnt even have money to pay salaries to armed forces that they bring in schemes lke Agniveer
@@counterpoint9260 It's not that govt doesn't have money to pay salaries. But spending itself is shifted to buying advanced modern equipment, because that is the need of the hour. So, money has to be saved somewhere.
@@counterpoint9260 When enterpreneurs fail, they file for bankruptcy. Skill in running a business is also needed. Vocational training is imparted for that.
@@rajx7120 then save it by cutting down on freebie schemes like free food grains to 80 crore folks most of whom dont need it..stop giving loan writeoffs to the adanis and ambanis..
@@counterpoint9260 freebie I agree. Loan write-off is not same waiver. You are either misinformed or doing propaganda.
No corporate got money in loan write-off. Banks got money to keep functioning. Loan recovery continues under IBC.
And Adani and Ambani did not have any bad loans.
This is the typical lazy mentality typical of people in some states in India - Aspirational poverty. What kind of social security due you want for the youth - their age is their biggest asset? Then again you want higher paying jobs but you do not want to develop the right skillsets (its an investment too on yourself - a risk) and do not want to take risks in starting businesses. Good luck.
India never missed the bus. India did not even have a ticket for getting on the bus.
This is the real journalism ❤
It would be interesting to see the growth in the share of health care , medical expenses, correlated with other services. A reduction in food concern, how far it is coming from good health? Also on the organised 5% looting the development spent classic example must be Kerala.
A well conducted interview. Happy to hear the intent to promote manufacturing. There needs to be incentives to make it happen. The US is addicted to Chinese goods even today in 2024 for furniture, kitchen islands, desks, household goods. Even cast iron skillets and cutlery. All sold on Amazon. All of these are manufactured by MSMEs. These are best manufactured in rural areas where there is abundant candidates, who need skilling.
Indian imports from China increased while Indian exports to China decreased. Who is addicted to Chinese goods?
@@himanshusingh5214 Exactly! With such deluded people nothing can be achieved
GREAT TO SEE - usual PRINT viewers undergoing a meltdown - kya soch ke aaye thhe...aur Shamika devi kya kah daali
Very nice and fascinating
Food is 80% or more in monthly expenses unless you encourage eating at roadside eateries.
That means the person in your example is not eating at the roadside eatery and eating at a decent place. Instead of that, if that person eats at home, the food expenses will come down to 30%
Learn to cook.
This is real journalism. Good Job
Such an inspirational lady.... reall amazing
Link to the paper quoted please 🙏🙏
the simple fact about India manufacturing,
Modi promised to create 100 million jobs in manufacturing actually saw a decrease from over 60 million jobs to just 27 million.
Similarly, Modi promised of raising India's manufacturing GDP from 16% to 22% by 2022, now it dropped from 16% to 13%.
Modi has definitely missed the bus. Even after 10 years he keeps blaming the Gandhi family.
Gandhi family destroyed manufacturing by allowing Chinese imports during UPA era. So, many factories around Delhi had to shutdown. It was Pranab Mukherjee's retrospective taxation, that caused Nokia and Cairns energy to leave India, and bankrupted Vodafone.
Modi's PLI scheme has revived manufacturing in strategic areas like Pharma API, and also electronics.
Indian and Chinese economy were almost the same in 1991. Now check how fast china moved till 2014, you will get your answer.
Please see in the camera after asking question? just a suggestion? Thank you Sir
It was so relieving to hear from EAC members that they share the same concerns and some of the data was mind boggling. TCA asked all the relevant questions with utmost honesty and his guest selection has been invaluable.
A very enriching conversation.
Thank You.
Sharad is an economist himself, however, he hardly contradicts Sharmika. He should come prepared, or else he shall undermine the podcast.
maybe he is overwhelmed and has no answer
Onion prices go up. Economist says = Indians are spending less on food. We have become a developed country. Remarkable.
An estimated 20% - i.e., around 25 crore of India’s population is below the poverty line (BPL) with each person surviving on Rs.35 per day which works out to Rs. 13,020 per year. Going by these calculations the cumulative total spend by the entire BPL population could be an estimated Rs.1,84,331 crore which is around 2% of the total GDP of over Rs.240 lakh crore. In terms of Purchasing Power Parity PPP, the individual income of those below the poverty line, i.e. Rs. 13,020 is around 5.7% of the India’s per capita GDP of Rs. 2,27,760.
Household saving have fallen (% of gdp):
2009 = 25.3%
2010 = 24.8%
2011 = 24.3%
2012 = 23.6%
2013 = 22.5%
2014 = 20.3%
2015 = 19.6%
2016 = 18%
2017 = 18.1%
2018 = 19.3%
2019 = 20.3%
2020 = 19.1%
2021 = 22.7%
2022 = 20.1%
2023 = 18.4%
2024 = 18.9%
Household debt for survival have increased (% of gdp):
2015 = 26%
2021 = 32%
2024 = 40.9%
India has missed out on the export opportunity presented by China’s withdrawal from labour-intensive manufacturing sectors such as apparel, leather, textiles, footwear, gems & jewellery (in fact it has dropped nearly 12% compared to pre-pandemic levels 5 years ago); while, countries like Vietnam, Poland, Germany, & France have managed to increase their global export share in major job-creating sectors. While, China has successfully managed to push-out Indian SMEs from the fast-growing Asian markets, using free-trade agreements like Regional Comprehensive Economic Partnership (RCEP).
What stupid logic is that, fall of household savings means people are now more financially stable and are confident to spend more while taking debt
@@kd6788 fall in saving = means more stable eh? how? If that is true, then a family with no saving is the most stable economically!
By your logic, States that carry large debt are very stable. What stupid logic. In 6 years pre-covid, the average farm debt rose 58% as per Govt of India's National Statistical Office 2019 survey. Is that stable?
Onion price increase comment was an example about overall FOOD inflation, which has increased by 10 times, adding economic stress on households. Don't just say you don't eat onions.
Household debt may or may not be for survival, incorrect to assume all debt is for survival (say marriages, new acs, vehicles are also financed by debt)
One product getting more or less doesn't affect long term patterns.
Onion prices will always shoot up every Sept-Dec every year. The data says over the year the average Indian spends less than 50% on food (all food including cereals/meat etc)
Please stick to political points in political videos and not on economic parts where we are trying to learn and improve across political parties.
@@oyehoyemon2286 Sure, good excuses & lengthy spin, but the fact remains, if the average household has less money in their saving every year. This means they are poorer. Home loans or Education loans are 8% to 10%. While, Corporations pay 5-7%. Meanwhile, farmers pay 11%.
This union govt has reduced corporate tax by half by reducing it to 22%, in last 10 years, meanwhile if a common man earns Rs 10, then he has to pay Rs 3 for income tax, Rs 2 - 2.50 goes into GST, Rs 2 goes into Capital Gain charges and Rs 1 -1.50 goes into some other charges, which means Rs 7-8 goes to the union govt.
Also, the total outlay for the PM Kisan Yojana for the 2019-2024 period was Rs 4.03 lakh crore, but only Rs 2.35 lakh crore was spent, meaning the government kept 48 percent of the budgeted money with itself.
@@oyehoyemon2286 Sbi underwrites the entire loan of 12,770 crores of Company A. The 2 Companies, closest to this govt, have itself received massive write-offs for their loans. The no of cases of wilful defaulters of loans have peaked 1.6 times from 2014 to 2023. Punjab bank loan to Company A = 70 billion. Banks have written off 10,09,511 crores loans in 5 years. Meanwhile, poorest & middle-class of India pay 64% & 33% of total gst, while industrialists pay 3% of gst, oxfam. Powerful industrialists like Company 'A' exert significant influence over the govt for favour which are type of freebies. The trickle-down economics approach has failed, in both US & in India, it only makes the super rich even richer & the majority become beggars.
If poor work all night in the bedrooms , then UNEMPLOYMENT WILL GROW FASTER .
MOST OF THE
UNEMPLOYED ARE THOSE WHO ENJOY TO BE UNEMPLOYED AND UNEDUCATED .
WE MUST FORCE THEM TO DO FORCED BENEFUCIAL MANUAL LABOUR - in agriculture and in construction etc .
which require HARD MANUAL LABOUR .
WILL WE LOOK INTO IT .
Your parents shouldn't have worked in the bedroom that night Sir. You know which night.
❤ 0:10
Less money for food means people are starved.
Shamika ask your boss Modi to spend more on primary education, healthcare and science R&D..we dont have a single university in top 150 and your boss is bullshitting about Viksit bharat
Education is a state subject. Modi provides the outline - NEP, National Education Policy. States use teachers as their private army during elections
@@adityabanerjee7145 govt runs lots of educational instituions centrally..all your IITs, NITs, IIMS, AIIMS etc etc..plus BJPee is also in power in lots of BIMARU states like UP
@@adityabanerjee7145 as if BJPee doesnt do the same during their elections? funding for all CSIR labs and IITs, AIIMS etc comes from center..they have funds to develop world class colleges and universities
@@svrkprabhakar IITs, AIIIMS etc etc are in Modi's control..none of them rank in even top 150..he has funds to do much more yet he gives it all away to his crony capitlaist friends
@@counterpoint9260 - You chose IIT, AIIMS to show how bad India is in education - those are the good ones that produce solidly competent graduates. They do fine ranking wise too but fail as number of foreign students, faculty and quality of campuses are better in the West which is fine. The primary education rot - a state subject is a creation of Kongress and Caste parties which India suffers from.
She only finds things which support gov propaganda, no suggestion in her findings, don't expect shortcomings😂
Learn to write a proper sentence first!
@@utsabgangopadhyaya4274 & u need to learn read between the lines 🤣
She literally works for the government. What else is she supposed to do?
@@x_man007 I dont think learning to read between the lines would help. To understand what you wrote earlier, I think I'll need to learn how to communicate with monkeys and apes.
Just because the data provided by her doesn’t align with or support your worldview, you don’t like it.
@@x_man007Just because u don’t like what she said . Doesn’t mean what she said is wrong.
felt so good listening to the show but then step outside my house and everything felt apart😁
Where are you staying ? In Pakistan
This has been an evergreen issue since independence!
The whole discussion is blabbering. She says, exactly same as modi. Just bluffing
But then Pappu has stopped providing any serious interview after Arnab killed him - we will never know what is pappunomics
what is your basis? pappu mandbuddhi !!
Your comment about 5% govt employees calling the shot. Well , firstly 5% votes matter. Secondly, the whole family benefits from pension, not only the pensioner. So de facto there may be at least 2 or maybe 3/4 members who benefit from pension. It add to family income. So politicians are not just looking at 5%, they are targeting 15-20%. Though a pensioner myself, I am not for old pension scheme. It must become contributory in greater interest. I am only saying that politicians are smarter than we think they are
Govt employees are the biggest reason our country is in this condition and most likely remain so.
A curse to our nation.
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