I remember reading a news article 3~4 years ago this guy saying PLC scheme will do nothing to India and Rajan was on of those people who said it is not correct to implement PLI scheme. Now after seeing the investments coming to India from various electronics manufacturers to gain from the PLI, I can certainly say that this guy is against India and current ruling political party and blindly oposes any move that this current goverment takes.
For any nation to being manufacturing , they have to begin with assembling first. Also there are quite a good number of mega manufacturing facilities in India . Samsung smart phone plant in Noida is the world’s biggest plant in the world. Then there are three to four Apple assembling plant and many more
For those unaware of Rajan's credibility, and want a quick look of his skills, search up the gdp growth rate of India as estimated by him vs the actual growth rate, every single quarter, since 2017😂😂
In 2017 This same guy was predicting that India can’t grow more than 5% year, after demonitization he said it will erase GDP pushing inflation😂 and govt. should roll back its decision. With interview in Raga he was laughing and saying GDP projected by modi govt. is over hyped and wont more then 4% post covid. He is congressi stooge loyal to his masters never addressed counterfiet currency printed by pakistan and even promoted to import everything for printing notes from same firms which were supplying to pakistan. We are lucky he didn’t got another tenure
@@neetushrivastava3832What check? Give details of his quarter wise predictions from 2017-18 till date..I know you don’t have it and will show your Sanghi face by name calling
Thank god Raghuram Rajan was not incharge of RBI in past few years, every single major predication by him since covid has been wrong, our country would have been doomed if we had followed his suggestions
RBI is being praised of it's decisions worldwide throughout and the governer Mr. SHAKTIKANTA Das is being highly appreciated, considered to one of the very best Governer by the world & this man is in some another world only cooking up agendas.
I still dont understand - How come a US citizen can be RBI head............................Someone needs to change this rule. Also he is planted by US to screw India and its economy. Rahul Baba is big fan of him........................because both have same agenda........................India ki waat lago....................Congress government brought him....................BJP ne gaand pe laat marke bhaga diya............................lol
I laughed out loud when he said demonetization is the worst decision. While truth is his tenure was actually the worst thing happened to our economy in last 70 years. NPA increased like never before in his tenure, were like a ticking time bomb for Indian economy, if not diffused in time by Modi administration, would have catastrophic consequences for our economy.
Loans were given to Vijay Mallya, Choksi & Neerav Modi when Raghuram Rajan's was RBI Governors. Is he not responsible for those loans ? Why people ignore this fact ?
Wym failed to tackle black money. See how much tax collection went up. People who couldn't declare actually got trapped. The value of their business plummeted as they couldn't cycle the money like they used to. It was as effective as it could be. Only thing was that some corrupt Bank managers helped some of the black money holders. That's not the problem of the policy but of anti-national people. Demo was a great move.
In whole currency & demonization discussion they forgot to mention about usefulness of upi (he mentioned struggle of carrying cash because of 500 rupees notes). Sir now day's most of use not even using wallets just phone with UPI is enough to travel around India.
The national payment scheme(upi) was the idea of Manmonhan. The opposition BJP blocked it from happening. And after getting into power they stole the idea and implemented it.
1. Akash Banarjee 2. India Today 3. Lallantop 4. Business Today 5. Mojo Story 6. The Wire 7. The News Minute 8. CNBC 9. NDTV Profit and now 10 th RAJ SHAMANI These are the platforms where Dr. Rajan Has given justification that how India shown GDP growth more than 5% by mistake (* Nnaaah no RaHU| gandh! and @antiGrowth urban Naksals HARMED)
Woah! Full on PR job on for him to be introduced into the 2024 elections. But not to worry he already got a hit wicket by appearing on Ms. Pannauti 🤣 and I'll wait for AIM's insider story on this staged launch of this crook RRR😂
Ragahuram Rajan is a very knowledgeable person no doubt. But his Biasness knows no limits. Most of his Economic predictions in the last few years were just ended up wrong because his judgements are clouded by his biasness I guess he is still salty for not being reappointed as the RBI Governor by the current Govt back when his tenure ended
Name his 3 Economic predictions with proper source, that has gone wrong. Just look at his eductional & administerial track record, it's outstanding. He's made several brilliant predictions, but one of really stand out where in 2005 he called out the Financial Crisis of 2008. US Treasury council etc called him luddite and what not, but when the market crashed in 2007-08 they were hiding to save face. What is your credibility/background to call him biased and on what logical grounds?
@@swarajgupta8646 Only after “listening the truth” I said what I said this guy speaks stats figures more inaccurately than Rahul Gandhi ever did in his speeches and it’s laughable cause he is an economist and a biased one.. I don’t think so he cares about Indian interest at all, he stays in a foreign land comes here once in while just to spew hate against bjp government also he cant stand the fact the current governor with non economic background is running RBI more efficiently than Rajan ever did..so to speak dil jala ashiq
@@priyankamakwana5270can u counter argument reasonably on any point Rajan raised then i guess he is biased but if u don't then u have bias for certain political party.
@@spritualist6519 you can just do some reading and research about his actions instead of asking to be spoon fed…if you are saying i have an inclination towards a party well this fellow has been doing Bharat jodo Yatra with Rahul Gandhi… Rajan words…’we would be very lucky if india grows at 5%, India’s growth has been 7.8 and 7.6 percent in the last quarters, since 2013 he has been stating recession is going to come in India clearly I cannot see it
The NPA under Raghuram Rajan is his legacy, all PSU were in the red while during the reign of "worst" RBI Governor Shaktikant Das all the PSUs have bounced back!!
Loans were given to Vijay Mallya, Choksi & Neerav Modi when Raghuram Rajan's was RBI Governors. Is he not responsible for those loans ? Why people ignore this fact ?
you knew everything about him, still you watched his video, smart move man, we just need to give you job as there are 8lakh jobs per month in deficit so don't worry
Under manmohan ji government india average growth was around 8.5% and under modi it's near 6% ... Under his control india grows only 5% between 2017 to 2020 for 4 years
@@pipipupu5104 dost mujhe bevkoof nhi bana paoge 🤣🤣🤣... Mai delhi university me economic honors padh raha hu.. Jao kisi andh bhakt ko bevkoof banao... Indian economy was performance much better in manmohan singh government..... Proud of manmohan singh 🇮🇳🇮🇳
@@papamod9528 acha toh news article mein kyu likhte the India in fragile 5 , India under infrastructure burden? Batana zara konsa value added kaam hua tha manmohan singh government ke andar unorganized cash structure pe economy chal rahi thi koi digitalization koi internet penetration nhi tha highest rate of npa yeh sab pardhaya nhi gaya kya Delhi University oh sorry whan du mein toh communism ko best economic policy bola jaata hoga 🤣
@@pipipupu5104 😅😅kahna kya chahte ho... Apni in baton me tum khud sense dhundh ke mujhe batao question kya h?? Infra ko eco nhi bolte.. People ki purchasing power ko bolte h.... Manmohan government me unemployment kam tha or mahanghai kam thi logo ka paisa bach raha tha or Fixed deposit me badh rahi thi savings
Raghuram Rajan is prime example of western colonized economist preaching unsustainable one life concept economics. He tries to preach western model of one life concept extreme consumption growth model onto the bharatiya model of life cycle economics.
I completely agree with the fact the even if all the factories shifted to India , which is kind of impossible, even then it won't employ as many people in India as it did in China. Robots and AI is going to play huge part in factory production. Also the fact that today in India, everyone has very high aspirations. How many will want to work at such low wage and for how , that's a big question? In India, we can't stop protest about wage increases. Our people have tasted democracy, the ability to hold govt accountable, they are not going to remain silent with govt crushing democratic stature in the long run, we might end of creating rebellion within our own country. I also accept the fact that we need own Apple, China has Huawei as it's own Apple. It's phones outsell Apple in China. Apple has literally got US govt involved to impose tariffs of it's biggest competition from China. Recently reports said that Huawei is about to go public, which might make possible for it to overtake Apple's crown as most valued company. Now that happens or not , it's a big if. But China has done a lot in past and still doing. When are our own going to make such innovations. Today , Range Rover and Jaguar are sold worldwide, we kind of take pride in it that Tata's own it. But Tata's bought after the brand trust and value was already established in the rich western world. Tata didn't build it from scratch. We need more better schools, unis, hospitals and best of the social justice system, be it police, courts etc. Best of the media, media that is aware of it's power and ask questions, no matter who and what ? An India , where politicians don't have to take so much security around, Because they knew that did good work and they won't have any problem traveling without security. Also, by keeping our focus on manufacturing, I hope we don't miss the next bus, which is AI, which has arrived at our doorstep. Now it's up to us whether we want to board it, or again miss it, and then ride it sometime in future when world moves on to next big tech
Chidambarams connection with DE la rue, fake currency scam involving pak were real reasons for demonetisation , javed khanani , raghuram won't reveal it for obvious loyalty reasons
My request is first see if the facts support a thought before forming an opinion and being sure. If the facts don't support the thought, then maybe one can reconsider the thought and form another opinion. If you look at the figures published by the Govt for fake notes every year they were extremely tiny and did not go up dramatically in any year before Demonetisation. The number of fakes is published every year in the RBI annual report. How does the RBI know? Because the moment any fake currency enters ANY of our banks it is caught by our note counting machines and confiscated instantly. It is sent to the RBI as per strict rules. And at the back end of banks are specialised cash handling branches that have advanced machines to catch fakes. How does a fake reach a bank? A petrol pump, grocery store (kirana) or a shop in the mall etc. all deposit the money in banks. So sooner or later a fake will be caught. It has to. It's confiscated instantly by the bank cashier. You can check this yourself by talking to any bank manager in any bank. So I request you to find out for yourself and see if your thoughts are suited to the facts that you find out and the facts published by the RBI every year. BTW, within 6 months of Demonetisation, there was already a fake 2000 Rs. note, which means Demonetisation was not able to stop fakes. As for black money, it did not work at all, black money has become so rampant, that again now they had to stop the Rs. 2000 note. Which once again is not working, as already 98% of Rs. 2000 notes have been returned. Anyway, not only are the number of fakes are minuscule, but they are a global thing. Even US Dollars are faked. The Euro is faked. Because they are far more valuable. But no one does demonetisation for that. They are all found by banks and destroyed. So these are the facts to think about.
Most dumbest rbi gov India has ever had. Look at his track records & predictions you'll know. As a professional economist he dint even mention at the digital payment revolution in India. Feel sad for his students!
I can't believe someone who is soo politically biased is RBI governer. There is lot of biasness in his terminology towards Modi's tenure and Congress Manmohan Singh tenure. He is also a green card holder. Someone who runs Indian RBI is an American green card holder.. 😢 I am not a blind supporter of BJP or Congress.. but its questionable for someone who is politically motivated & interests not aligned with India to be an RBI governer.
When something right happening in your country there is nothing to be ashamed of being an ANDHBHAKT. I love my country’s progress and I am PROUDLY ANDHBHAKT FOR IT.
Current governor Shaktikanta Das is also UK educated. If green card holder are so bad for India then why Modi going and adressing them everytime to invest in India. Give some better logic. Even current AIR India CEO is a foreign national. Tomorrow USA may say all Indian CEO should be fired just because they were born in India. Grow up plz... Had you know what he is doing currently you would not have written this..
Raghuram rajan is that guy who comes 1st in class but did not succeed in the real world when compared to the average student like shaktikanta das who dealt with the real world. Nothing against anyone but it is what it is.
He is the biggest intellectual that I have come across! Instead of demonitizing it was important to extend : RBI overseas! because Income Tax Return is governed by : Reserve Bank of India!
Timestamps: 00:00 - Introduction 2:43 - Role of the RBI Governor 4:21 - Process to understand printing of currency 6:24 - How do economies grow? 9:43 - Worst decision of RBI 11:07 - Why were ₹2000 notes stopped? 12:59 - Black money and demonetization 15:52 - Argument behind bigger denomination notes 17:45 - PM Modi & Dr. Manmohan Singh 20:58 - India's engagement with the world 24:20 - Change in the world order 26:07 - Competitors of India 28:30 - Saudi Arabia: New Europe of the world? 30:30 - Manufacturing in India Vs. China 35:51 - Growth in India, America and China 46:03 - Who will be the next face on the Indian currency? 47:58 - Salary of the RBI Governor 50:49 - Best Finance Minister of India 54:07 - His book "Breaking the Mould" 54:58 - Financial advice for every young person 58:16 - Conclusion
So far, I liked it most. I’ve been a great follower of him & can listen to his lectures for hours. Much love to the show to bring such minds & let us learn from.❤❤❤❤❤❤
Actually true. But some people in comments section show how messed up our society is. They still don't get the point he's making. To have a debate. To ask questions. To have healthy discussions.
@@arnav_negi2005 SO HIGHER TAXES IN INDIA IS NATIONALISM????? AND THEY SAID THEY WERE BUILDING INFRASTRUCTURE. BUT THAT INFRASTRUCTURE IS SUCKING . SO WHOM SHOULD WE QUESTION NOW???
100% correct. Raghuram is not an economist. Demonetisation shattered the economy of Pakistan as it was pumping fake currency into Bharat. Another urban naxal
It would be incredible to see a podcast featuring Ajit Doval! His insights into national security and geopolitics would make for an engaging and informative discussion. Have you considered inviting him as a guest ?
@@kamalverma4641 brown sepoys barking as usual before election. 😂but everything will be in vein, their foreign masters sleepy Joe will loose the election instead. 😂
Yeh toh ayse baat ho gayi ki you have thrown a stone to kill a bard (black money). That bird is flown away but the stone hit a raw mango (digital payment). Now everyone is celebrating the raw mango. NO one is saying that if some more time were given, you'd naturally got the mango (UPI) in more ripe form.
Modi is puppet of Adani and Ambani Congress has chosen Dr Manmohan an PHD is economics as PM not some Sadkchap like Godi And Raghuram Rajan is Indian Institute of Technology, Delhi (BTech) Indian Institute of Management, Ahmedabad (MBA) Massachusetts Institute of Technology (PhD) and At 40, he was the youngest individual, and the first born in an emerging-market nation, to be appointed the chief economist at the IMF. while BJP chosen Illiterate Modi as PM and an IAS generalist officer as RBI governor Shktikanta Das Shktikanta Das education (BA) and master's degrees (MA) in history from the St. Stephen's College, Delhi. He was awarded D.Litt. by Utkal University in 2021 So we know who is best for India and who is doing only drama
@@harshnaik6989 yes we know, during whose tenure India's economic growth increased, and during whose tenure commonwealth, 2g, etc scams happened. We also know who is the A+ ranked governor in the world.
रघुराज कट्टर कम्युनिस्ट स्वयंभू महान अर्थशास्त्री। 😊😊 उन्होंने आरबीआई के गवर्नर के रूप में अपने कार्यकाल के दौरान भारत की बैंकिंग वित्तीय संरचना को बरबाद कर दिया।
Because when his tenure was over in around 2014 or something, He thought he would be re appointed as the chairman, but instead govt. of India proposed someone else for the position, that's the main reason why he is salty with govt. and most of his statement and prediction about the economy outright proved to be false.
He wasn't good back then (I can prove it with facts) he isn't good toady. He was Former Governor nd the remake's which he makes really hurt us. If any firm wants to invest in India will turn back.
Third class debate with third class RBI governor who couldn't stop inflation and till today this suver was saying bharath will grow hardly 5% but now bharath have grown 8.3% and surplus FDI and GST collection is very high, I watched his channel for the first time and he can't judge whom to invite and from now on TATA good bye khatam to his channel
@@bluefinaquaculture8234 firstly it was a proposal with his pov which got reviewed and later rejected. So he did not wake up and tell tomorrow I’ll print 10000 note. Unlike certain joker. I don’t see your blood boil about having to stand in line at an ATM for hours to access your own money after making your money useless overnight?
Modi is puppet of Adani and Ambani Congress has chosen Dr Manmohan an PHD is economics as PM not some Sadkchap like Godi And Raghuram Rajan is Indian Institute of Technology, Delhi (BTech) Indian Institute of Management, Ahmedabad (MBA) Massachusetts Institute of Technology (PhD) and At 40, he was the youngest individual, and the first born in an emerging-market nation, to be appointed the chief economist at the IMF. while BJP chosen Illiterate Modi as PM and an IAS generalist officer as RBI governor Shktikanta Das Shktikanta Das education (BA) and master's degrees (MA) in history from the St. Stephen's College, Delhi. He was awarded D.Litt. by Utkal University in 2021 So we know who is best for India and who is doing only drama
@@surajjaison248 third class Manmohana and rajan they pledged tons of gold to UK bank to control inflation and falling economy by the end of their tenure they made india fragile 5 economy but now see what modi ji and nirmala sitarama has done they have made india fragile economy to top 5 economy, see the startups and unicorns it has overtaken china too hats off to Modi ji
India would be lucky to do 5% GDP growth next year...." - Virat IIT, IIM and MIT Economist after Bharat Todo Yatra... Let that quote sink in...which is also going down in history...
This guy wakes up and says "recession incoming! " everyday and sleeps only to wake up next day seeing no recession and says again "recession is coming this time for sure"
I am glad to listen your podcast made with one of the best economists in the world and we got this opportunity to watch the video through your podcasts. I got information that shaped as well as enhanced my curiosity regarding Indian economy and financial literacy .
Demonization was done because of historic rise of NPAs in the banking system. Because Govt is unable to recover the NPAs, they wanted ordinary citizens money in the banking system, to stop the banking system from crash...is my understanding of Demonization
@@BasEkKafirintroducing 2000notes n making them inactive was not a blunder bro It was a big warning to all those fake note printers that they should stop their business ASAP. Those fake notes literally helped the t*rrorists activities in india. And after demonetisation their activities were reduced in india. So it was a good decision by govt 👍👍👍
My celebrity Mr. Raghuram Rajan sir...Yes I was fortunate enough to see you in presidency college Kolkata way back in 2015 and sir you are the one for whom I joined public sector bank and I chose it as a career...❤ U sir
During my college days, I had the privilege of crossing paths with him. I distinctly remember his charismatic persona, clad in a sleek leather jacket. Seeing him in his current state fills me with a sense of inspiration. His remarkable demeanor left a lasting impression on me back then, and his continued impact today truly makes for an engaging conversation.🙇♀️
People really look at once qualifications, without understanding his work assume he's some kind of a prodigy. Kinda silly if you chose to ignore how salty he's been for not getting reappointed as the RBI Governor and obv his blatant bias, its sad all that knowledge and potential is getting shadowed by his bias
Also I don’t agree with his view that we should focus on service sector rather than manufacturing. Every superpower today is that way because at some point in time they were manufacturing mammoths. Saying that manufacturing is past and to forget it seems implausible.
@@nishantchandra2876indias economy is built on services. anything produced of some actual value in this economy is services. why not double down and expand? why focus all resources on manufacturing? manufacturing needs to be a part, especially high skilled which only comes with manufacturing knowledge, but services (the backbone of this economy) is not even getting a glance compared to the time this government is putting on manufacturing
@@knutjonsson1816 Reliance on services for GDP is hazardous. No country can become financially robust without a thriving manufacturing industry. Doubling down on services will compound the error we made in the past. China brought a humongous number of people out of poverty with their manufacturing industry only.
@Incognito-in role of rbi is to make Guidelines so that banking system remains healthy...and when it comes to adani, yes it is Central govt responsibility to see how a single person got so much loan from "GOVT" banks, to avoid incidents like nirav modi and vijay malya from happing again... Hypocrisy likh dene se log apne aap ko cool samajhne lagte h...
If demonetisation was the worst decision, then discontinuing this sadist was the best decision of the govt😂 .. off late he has been giving interviews to everyone from shamani to barkha Rajdeep Lalla top (in Hindi) using RUclips as political launch pad for 2024 election on cong ticket. Not only will he lose, congress will come down 35 MPs this time.
My father diet because of medical emergency and i don't have cash and bank did not allowed to withdraw my own money. After demise of my father i had many problems to pay the bill during demonization time that was the worst time and government decision.
00:01 Demonetization is considered one of the worst decisions made by the RBI. 02:37 Raghuram Rajan explains the importance of maintaining the value of currency. 08:28 Demonetization was one of the worst decisions made by RBI. 11:11 Demonetizing 2000 rupee notes raised questions about printing rationale 16:28 High denomination notes used for storage and illegal activities. 18:35 PM Modi's strength lies in his ability to connect with people and persuade them. 23:03 Maintaining good diplomatic relations for economic benefits 25:08 The global world order is changing due to the rise of China, India, and Brazil 29:17 Investing in human capital is essential for India's economic success. 31:26 Challenges in Indian workforce and business regulations 35:42 US, China, and India's growth strategies 38:05 India's focus on higher education has benefited its economy. 42:16 Emphasize service and innovation over manufacturing 44:19 India needs to deliver on its promise to attract investments and tourists. 48:34 RBI governors don't receive a pension. 50:30 Raghuram Rajan's opinion on best Finance Ministers of India 55:04 Finance tips for young people 57:14 Continuously improve yourself for financial security
Modi is puppet of Adani and Ambani Congress has chosen Dr Manmohan an PHD is economics as PM not some Sadkchap like Godi And Raghuram Rajan is Indian Institute of Technology, Delhi (BTech) Indian Institute of Management, Ahmedabad (MBA) Massachusetts Institute of Technology (PhD) and At 40, he was the youngest individual, and the first born in an emerging-market nation, to be appointed the chief economist at the IMF. while BJP chosen Illiterate Modi as PM and an IAS generalist officer as RBI governor Shktikanta Das Shktikanta Das education (BA) and master's degrees (MA) in history from the St. Stephen's College, Delhi. He was awarded D.Litt. by Utkal University in 2021 So we know who is best for India and who is doing only drama
@@harshnaik6989I spotted one more Pappu and you are that one ..🤣😂 by the way post your biodata here,as next Governer has to be elevated you are in line after Pappu 😂🤣
I am really impressed by your question to Rajan sir. It's really amazing for india and peoples also. Your way of taking is awesome and voice ton is so clear and politely.
@@subhrajitgupta5535 rahul baba ke school se padha hai kya..2022 7% tha aur 2021 9% tha 2020 andd 2019 sab ko pata hai kya hua tha..compare with also other nation.. chatukarita chod do
This guy always talk against Indian policies when he was away. Due to his personal anger. All his predictions went wrong. Demonitization brought the digitalization which we all Indian are using now.
Education is not the criteria. Decision making + logical critical thinking + CORRECT education with unbiased lens is the criteria. And this is not a joke [
सर आपके Podcast बहोत ही अच्छे होते है. सर एक Request थी. Most of Podcast English मै है. तो Plz हिंदी Audio मै हम सुन सके इसलीये कुछ किजीए. RUclips के कुछ Channel को जो Setting है जिसमे Other language मै Video सुन सकते है. ऐसा कुछ Setting आपके Channel मै Plz शुरू किजीए.
The worst would be that during Covid he suggested that government and RBI should give stimulus package just like US did but our current RBI governor didn't agree to that. And thank god. Just see the US, UK and other major economies where stimulus packages were given. Our current inflation and GDP growth shows RRR's contrarian view point. Even he dont talk his incredibility about the NPAs created by bank during his time and congress rule which our current government corrected.
Are you aware that during the pandemic our GDP was minus 11 ( -11% ) which was the worst in the world (among meaningful countries). Yes, worst in the world. Please google and see for yourself. Only then will you believe. This is where stimulus would have helped. As for inflation, please try to buy vegetables shoes or even cars and see how everything is double. Inflation has happened anyway. It has nothing to do with a temporary stimulus. Please actually go in to shops and try to buy things, forget the published inflation figures. Then you will face shocking inflation.
I still dont understand - How come a US citizen can be RBI head............................Someone needs to change this rule. Also he is planted by US to screw India and its economy. Rahul Baba is big fan of him........................because both have same agenda........................India ki waat lago....................Congress government brought him....................BJP ne gaand pe laat marke bhaga diya............................lol
Really great podcast, highly insightful, speacially GDP consumption of China and India, next superpowers , role of UN , view on current and past PM , really very crisp information 👍👍
Raj bhai, I am a genuine follower of your content. But this guy is totally unexpected. I know he has some tussle with the Modi govt. His anti India predictions and numbers mostly fail and prove to be false and the fact that he is a congressi, makes it all the more political. As an honest well wisher of you and and your channel, I think you invited the wrong person.
No we need more such people for two reasons. 1. People should know about these hypocrite. 2. To have a diverse opinion on a topic. When the academic was leftist (it still is) they wouldn't give conservative or indic people a platform. Don't turn social media like that it is bad for the long run
Modi is puppet of Adani and Ambani Congress has chosen Dr Manmohan an PHD is economics as PM not some Sadkchap like Godi And Raghuram Rajan is Indian Institute of Technology, Delhi (BTech) Indian Institute of Management, Ahmedabad (MBA) Massachusetts Institute of Technology (PhD) and At 40, he was the youngest individual, and the first born in an emerging-market nation, to be appointed the chief economist at the IMF. while BJP chosen Illiterate Modi as PM and an IAS generalist officer as RBI governor Shktikanta Das Shktikanta Das education (BA) and master's degrees (MA) in history from the St. Stephen's College, Delhi. He was awarded D.Litt. by Utkal University in 2021 So we know who is best for India and who is doing only drama
RRR is very knowledgeable guy. I totally agreed with some points of him. But he is so biased to other part hate towards other.That's why I partially believes his intentions😊
Key takeaways from Rajan's pov in this pod - 1. Demonetization was largely ineffective in eradicating black money. In fact it was one of the worst decisions made by RBI. 2. Modi is a very alert politician with a great ability to capture nations pulse. 3. Manmohan singh was a technocrat in his approach. 4. India needs to get better with educational standards as entrepreneurs in the country feel there are not enough qualified people to be employed. 5. A shift in world order is needed as the developing nations such as china, india and brazil rise to power. 6. UN as an institution is highly ineffective.
Hey raj shamani.. your questions were brilliant and very good. I loved your interview questions so so much. I did not know that your had also interviewed Raghuram Rajan. This interview is so much better than his interview with Ranveer allahabadia.
Absolutely loved this podcast! Was so so informative, didn’t think i would watch the entire thing seeing the duration but i ended up watching the entire thinking without skipping at all! Loved it
Crores of Indian currency was being printed in Pakistan and Pakistan was selling indian currency in half of the rate in india this process was disturbed and collapsed by modi's demonitisation.
मैं सिर्फ रघुनाथन जी को इतना ही पूछना चाहता हुं आज जो inflation rate है वो demonetization नहीं आता तो इससे कम रहते क्या? Politically सब चलता है महंगाई और बेरोजगारी के जन आंदोलन क्यों नहीं आते? रास्ते, बीजली, पानी एग्रीकल्चर, industries, सब congress के राज में इतना ठीक चलता था क्या? उनके जवाब आप कभी economic expertise के हिसाब से देना। 8 साल हो गया, जो ठीक नहीं होता तो 2019 मैं फिर भाजपा और अभी 240+ NDA govt आयी क्यों, जनता बेवकूफ है। Talent अलग चीज है जनता का काम चलने चाहिए वो अलग बात है , West क्यों गीर रहा है वो कभी बताना
Only those people who were running small or medium size businesses during demonetization will be able to understand the pain of this extremely wrong decision. So many businesses got closed down, their families came on road, so many people also died in this process. In the beginning we were also proud that it is done to give blow to terrorism, corruption etc. but later came to know from results that it was the foolish decision without thinking deeply how Indians save their money. It was like robbing people of their whole lifes savings.
@@samanwaydey5546 Modi is puppet of Adani and Ambani Congress has chosen Dr Manmohan an PHD is economics as PM not some Sadkchap like Godi And Raghuram Rajan is Indian Institute of Technology, Delhi (BTech) Indian Institute of Management, Ahmedabad (MBA) Massachusetts Institute of Technology (PhD) and At 40, he was the youngest individual, and the first born in an emerging-market nation, to be appointed the chief economist at the IMF. while BJP chosen Illiterate Modi as PM and an IAS generalist officer as RBI governor Shktikanta Das Shktikanta Das education (BA) and master's degrees (MA) in history from the St. Stephen's College, Delhi. He was awarded D.Litt. by Utkal University in 2021 So we know who is best for India and who is doing only drama
I remember reading a news article 3~4 years ago this guy saying PLC scheme will do nothing to India and Rajan was on of those people who said it is not correct to implement PLI scheme. Now after seeing the investments coming to India from various electronics manufacturers to gain from the PLI, I can certainly say that this guy is against India and current ruling political party and blindly oposes any move that this current goverment takes.
assembling is not manufacturing
@@atulkumar-lm7cg right now both are happening assembling and manufacturing in India at greater scale.
@@atulkumar-lm7cgi might be wrong china and Taiwan begin with assembling then after started learning or copied Technologies and begin manufacturing
For any nation to being manufacturing , they have to begin with assembling first.
Also there are quite a good number of mega manufacturing facilities in India . Samsung smart phone plant in Noida is the world’s biggest plant in the world. Then there are three to four Apple assembling plant and many more
Leftist/ China never change their criminal spots.
For those unaware of Rajan's credibility, and want a quick look of his skills, search up the gdp growth rate of India as estimated by him vs the actual growth rate, every single quarter, since 2017😂😂
In 2017 This same guy was predicting that India can’t grow more than 5% year, after demonitization he said it will erase GDP pushing inflation😂 and govt. should roll back its decision. With interview in Raga he was laughing and saying GDP projected by modi govt. is over hyped and wont more then 4% post covid. He is congressi stooge loyal to his masters never addressed counterfiet currency printed by pakistan and even promoted to import everything for printing notes from same firms which were supplying to pakistan. We are lucky he didn’t got another tenure
@@pra546Nobody barking librandu check it
😂😂
@@neetushrivastava3832What check? Give details of his quarter wise predictions from 2017-18 till date..I know you don’t have it and will show your Sanghi face by name calling
@@pra546namazi he was talking about interview with pappu
Every Youth of our world should listen once to this podcast it is worth rather than wasting time on any other social platform.
Yes 🙌
Thank god Raghuram Rajan was not incharge of RBI in past few years, every single major predication by him since covid has been wrong, our country would have been doomed if we had followed his suggestions
Bhakt 😂
@@madanshelke7796 chamcha 😅
@@dineshchh modi ka sautela bachha 🤣🤣
@@madanshelke7796 jali na teri jali na 😂😂😂😂 8andi namazi
@@madanshelke7796 puncture lagao bhai jake....ye economics tumlogo ke baski baat nahi
RBI is being praised of it's decisions worldwide throughout and the governer Mr. SHAKTIKANTA Das is being highly appreciated, considered to one of the very best Governer by the world & this man is in some another world only cooking up agendas.
Shaktikanta Das Was awarded the best governor in 2023.
RG AKA P ka kutta TO USI K MAALIK K KEHNE PAR BHOKEGA
I still dont understand - How come a US citizen can be RBI head............................Someone needs to change this rule. Also he is planted by US to screw India and its economy. Rahul Baba is big fan of him........................because both have same agenda........................India ki waat lago....................Congress government brought him....................BJP ne gaand pe laat marke bhaga diya............................lol
I laughed out loud when he said demonetization is the worst decision. While truth is his tenure was actually the worst thing happened to our economy in last 70 years. NPA increased like never before in his tenure, were like a ticking time bomb for Indian economy, if not diffused in time by Modi administration, would have catastrophic consequences for our economy.
Joke of the decade😂😂😂
Asking relevant questions is also a sign of perfect knowledge!
You are genius. Keep it up.
It is hard to trust a "USA Green Card Holder" when he talks about Indian economics.
you worthy of nothing getting jealous of ex-RBI governor. get a life u anpadh bjp karyakarta 🤣
Waoh !! This is news !
Loans were given to Vijay Mallya, Choksi & Neerav Modi when Raghuram Rajan's was RBI Governors. Is he not responsible for those loans ? Why people ignore this fact ?
He has political aspirations.. thats it.
He is Indian
Demonetisation might have failed to tackle black money but it contibuted to india towards digitalisation with UPI payments and digital banking.
I 100% agree with you. Maybe a coincidence but is very true.
Don't you think digitalisation krne ka tareeka thoda kezual hai.?
I also agree
💯 percent
Wym failed to tackle black money. See how much tax collection went up.
People who couldn't declare actually got trapped. The value of their business plummeted as they couldn't cycle the money like they used to. It was as effective as it could be. Only thing was that some corrupt Bank managers helped some of the black money holders. That's not the problem of the policy but of anti-national people. Demo was a great move.
In whole currency & demonization discussion they forgot to mention about usefulness of upi (he mentioned struggle of carrying cash because of 500 rupees notes). Sir now day's most of use not even using wallets just phone with UPI is enough to travel around India.
The national payment scheme(upi) was the idea of Manmonhan. The opposition BJP blocked it from happening. And after getting into power they stole the idea and implemented it.
The using of UPI payment could have happened without demonitisation
Bhai paisa transfer karna aasaan hua hai, Naa ki Kamana. 😂 Infact paisa kamana aur bhi mushkil ho gaya hai. Unemployment bahot badha hai.
@@lonewolfe2502 aur yaha gujarat me muje employees nahi mil rahe hai
Cash has increased in the system ,Paytm is in jeopardy now and even 2000 notes are gone in just 8 years.
1. Akash Banarjee
2. India Today
3. Lallantop
4. Business Today
5. Mojo Story
6. The Wire
7. The News Minute
8. CNBC
9. NDTV Profit
and now
10 th RAJ SHAMANI
These are the platforms where Dr. Rajan Has given justification that how India shown GDP growth more than 5% by mistake
(* Nnaaah no RaHU| gandh! and @antiGrowth urban Naksals HARMED)
Where is the print news
Woah! Full on PR job on for him to be introduced into the 2024 elections. But not to worry he already got a hit wicket by appearing on Ms. Pannauti 🤣 and I'll wait for AIM's insider story on this staged launch of this crook RRR😂
Election are coming and congress has told their poppets to do all this..
Bhakt spotted 😅😅😅
The hindu bhi naam hindu aur kaam muslim wale
Ragahuram Rajan is a very knowledgeable person no doubt. But his Biasness knows no limits. Most of his Economic predictions in the last few years were just ended up wrong because his judgements are clouded by his biasness
I guess he is still salty for not being reappointed as the RBI Governor by the current Govt back when his tenure ended
Exactly, my thoughts.
He is biased .
You guys are baised too with the present govt😂
Name his 3 Economic predictions with proper source, that has gone wrong. Just look at his eductional & administerial track record, it's outstanding. He's made several brilliant predictions, but one of really stand out where in 2005 he called out the Financial Crisis of 2008. US Treasury council etc called him luddite and what not, but when the market crashed in 2007-08 they were hiding to save face.
What is your credibility/background to call him biased and on what logical grounds?
The guy predicted 2008 Financial crisis 5 years before it happened
If he is saying something take it seriously
@user-ld4uj5dl2rwhy will he not want his country to improve?
Thanku sir for this credible session
I urge you to bring more such sessions on economics.
😂😂lmao credible session
Raghuram rajan is like a dil jala ashiq just because he was not made RBI governor by the current govt
😂😂😂😂 wft. Why u guys can't listen the truth
@@swarajgupta8646 Only after “listening the truth” I said what I said this guy speaks stats figures more inaccurately than Rahul Gandhi ever did in his speeches and it’s laughable cause he is an economist and a biased one.. I don’t think so he cares about Indian interest at all, he stays in a foreign land comes here once in while just to spew hate against bjp government also he cant stand the fact the current governor with non economic background is running RBI more efficiently than Rajan ever did..so to speak dil jala ashiq
@@priyankamakwana5270 Indian interest is certainly not demonitisation, nor it is an autocratic rule by backward goons.
@@priyankamakwana5270can u counter argument reasonably on any point Rajan raised then i guess he is biased but if u don't then u have bias for certain political party.
@@spritualist6519 you can just do some reading and research about his actions instead of asking to be spoon fed…if you are saying i have an inclination towards a party well this fellow has been doing Bharat jodo Yatra with Rahul Gandhi… Rajan words…’we would be very lucky if india grows at 5%, India’s growth has been 7.8 and 7.6 percent in the last quarters, since 2013 he has been stating recession is going to come in India clearly I cannot see it
The NPA under Raghuram Rajan is his legacy, all PSU were in the red while during the reign of "worst" RBI Governor Shaktikant Das all the PSUs have bounced back!!
Flagging NPA is d biggest achievement of raghu ram rajan
Rupees value say hello...
Demonetisation says hello
Cleaning up NPA was RR’s personal project. If he hadn’t pushed banks back in 2013-14, NDA would have had a much tougher time.
Raghu eam us hypocrite n shameless person as work as paid agent
Like IIT, NIT India Should Focus On Having Quality Skilling Institutions. 👍
People will remeber him as just Modi hater may be worst RBI Governer
Only bjp bhakts would remember will that way
Loans were given to Vijay Mallya, Choksi & Neerav Modi when Raghuram Rajan's was RBI Governors. Is he not responsible for those loans ? Why people ignore this fact ?
only gobar bhakt would remember that way & we know, that number has surged a lot after 2014.😅
@@amaranthswami2577what was the inflation rate when he was RBI governor ??
@@faydekibaat1198 so what about 9 years how much recovered and how much loan is wrote off
Asked to name the worst decision taken by RBI proceeds to name a decision not taken by RBI 🤔
atleast listen it properly dude, you guys bash him for being biased and then urself show biaseness towards him.
I was thinking the same thing....he didn't answer that question properly
Elections are closeee - congresss guy
His first line was to see difference between decison by RBI and Decison by govt through RBI
you knew everything about him, still you watched his video, smart move man, we just need to give you job as there are 8lakh jobs per month in deficit so don't worry
This is the best podcast I have ever seen. What an amazing intellectual! Inspiring person.
Thanks to Raghuram Rajan Sir. and great job Raj Shamani.
Hindutva Rate of Growth is 7%? I want this for entire century.
Under manmohan ji government india average growth was around 8.5% and under modi it's near 6% ... Under his control india grows only 5% between 2017 to 2020 for 4 years
@@papamod9528 and it increased post covid period what about that where do you seen 8.5 percent growth rate in manmohan singh period
@@pipipupu5104 dost mujhe bevkoof nhi bana paoge 🤣🤣🤣... Mai delhi university me economic honors padh raha hu.. Jao kisi andh bhakt ko bevkoof banao... Indian economy was performance much better in manmohan singh government..... Proud of manmohan singh 🇮🇳🇮🇳
@@papamod9528 acha toh news article mein kyu likhte the India in fragile 5 , India under infrastructure burden? Batana zara konsa value added kaam hua tha manmohan singh government ke andar unorganized cash structure pe economy chal rahi thi koi digitalization koi internet penetration nhi tha highest rate of npa yeh sab pardhaya nhi gaya kya Delhi University oh sorry whan du mein toh communism ko best economic policy bola jaata hoga 🤣
@@pipipupu5104 😅😅kahna kya chahte ho... Apni in baton me tum khud sense dhundh ke mujhe batao question kya h?? Infra ko eco nhi bolte.. People ki purchasing power ko bolte h.... Manmohan government me unemployment kam tha or mahanghai kam thi logo ka paisa bach raha tha or Fixed deposit me badh rahi thi savings
Raghuram Rajan is prime example of western colonized economist preaching unsustainable one life concept economics. He tries to preach western model of one life concept extreme consumption growth model onto the bharatiya model of life cycle economics.
I completely agree with the fact the even if all the factories shifted to India , which is kind of impossible, even then it won't employ as many people in India as it did in China. Robots and AI is going to play huge part in factory production. Also the fact that today in India, everyone has very high aspirations. How many will want to work at such low wage and for how , that's a big question? In India, we can't stop protest about wage increases. Our people have tasted democracy, the ability to hold govt accountable, they are not going to remain silent with govt crushing democratic stature in the long run, we might end of creating rebellion within our own country. I also accept the fact that we need own Apple, China has Huawei as it's own Apple. It's phones outsell Apple in China. Apple has literally got US govt involved to impose tariffs of it's biggest competition from China. Recently reports said that Huawei is about to go public, which might make possible for it to overtake Apple's crown as most valued company. Now that happens or not , it's a big if. But China has done a lot in past and still doing. When are our own going to make such innovations. Today , Range Rover and Jaguar are sold worldwide, we kind of take pride in it that Tata's own it. But Tata's bought after the brand trust and value was already established in the rich western world. Tata didn't build it from scratch. We need more better schools, unis, hospitals and best of the social justice system, be it police, courts etc. Best of the media, media that is aware of it's power and ask questions, no matter who and what ? An India , where politicians don't have to take so much security around, Because they knew that did good work and they won't have any problem traveling without security. Also, by keeping our focus on manufacturing, I hope we don't miss the next bus, which is AI, which has arrived at our doorstep. Now it's up to us whether we want to board it, or again miss it, and then ride it sometime in future when world moves on to next big tech
Biggest failure of rbi is that they made rajghu ram rajan governor 🤣🤣🤣
🤣😂😂
ANDH NAMAZI Raghu Rajan
Congress made him
😂😂
Hahahah 😂
Chidambarams connection with DE la rue, fake currency scam involving pak were real reasons for demonetisation , javed khanani , raghuram won't reveal it for obvious loyalty reasons
That's true .. had this continued today 60 - 70 % of the currency in India would have been original fakes. Printed across the border.
My request is first see if the facts support a thought before forming an opinion and being sure. If the facts don't support the thought, then maybe one can reconsider the thought and form another opinion. If you look at the figures published by the Govt for fake notes every year they were extremely tiny and did not go up dramatically in any year before Demonetisation. The number of fakes is published every year in the RBI annual report. How does the RBI know?
Because the moment any fake currency enters ANY of our banks it is caught by our note counting machines and confiscated instantly. It is sent to the RBI as per strict rules. And at the back end of banks are specialised cash handling branches that have advanced machines to catch fakes. How does a fake reach a bank? A petrol pump, grocery store (kirana) or a shop in the mall etc. all deposit the money in banks. So sooner or later a fake will be caught. It has to. It's confiscated instantly by the bank cashier. You can check this yourself by talking to any bank manager in any bank. So I request you to find out for yourself and see if your thoughts are suited to the facts that you find out and the facts published by the RBI every year.
BTW, within 6 months of Demonetisation, there was already a fake 2000 Rs. note, which means Demonetisation was not able to stop fakes. As for black money, it did not work at all, black money has become so rampant, that again now they had to stop the Rs. 2000 note. Which once again is not working, as already 98% of Rs. 2000 notes have been returned.
Anyway, not only are the number of fakes are minuscule, but they are a global thing. Even US Dollars are faked. The Euro is faked. Because they are far more valuable. But no one does demonetisation for that. They are all found by banks and destroyed. So these are the facts to think about.
Demonstration sinked pak economy 😅
Most dumbest rbi gov India has ever had. Look at his track records & predictions you'll know. As a professional economist he dint even mention at the digital payment revolution in India. Feel sad for his students!
I can't believe someone who is soo politically biased is RBI governer. There is lot of biasness in his terminology towards Modi's tenure and Congress Manmohan Singh tenure.
He is also a green card holder. Someone who runs Indian RBI is an American green card holder.. 😢
I am not a blind supporter of BJP or Congress.. but its questionable for someone who is politically motivated & interests not aligned with India to be an RBI governer.
When something right happening in your country there is nothing to be ashamed of being an ANDHBHAKT. I love my country’s progress and I am PROUDLY ANDHBHAKT FOR IT.
Current governor Shaktikanta Das is also UK educated. If green card holder are so bad for India then why Modi going and adressing them everytime to invest in India. Give some better logic. Even current AIR India CEO is a foreign national. Tomorrow USA may say all Indian CEO should be fired just because they were born in India. Grow up plz... Had you know what he is doing currently you would not have written this..
this guy raghu ram rajan is bhadva for india
@@richashoree5823Studying abroad and having a green card are 2 diff things 🙄
Air India is not a monetary or decision making agency for Indian Public 🙄
Oh is it? Greencard holder aaa.😢
Raghuram rajan is that guy who comes 1st in class but did not succeed in the real world when compared to the average student like shaktikanta das who dealt with the real world. Nothing against anyone but it is what it is.
Yes very true. .
And Rs is still struggling against dollar at 83.21 . . .
Yes he is पढत मुर्ख. Don't have any knowledge how human psychology and economy works together
Who was the best governer of the year 2023?@@kpsclasses7817
He is the biggest intellectual that I have come across! Instead of demonitizing it was important to extend : RBI overseas! because Income Tax Return is governed by : Reserve Bank of India!
Raghuram has proved to be the worst Governer of RBI. Who always tried to keep his masters happy. His policies were flawed
Much touted UPI brought up
during tenure of this worst
governor.
Ohh what's the name and certificatation of your pro judging agency. hoping that you have something to back that stetment up. Bhai Jake rojgar khoj😂
Absolutely 💯 correct sir
@@nabighjamil3897yh answers hi dekhlo rajan k ,,, no good answers,,just obvious things
@@bhavtosh5328 only in paper, and was actually implemented by current government
Timestamps:
00:00 - Introduction
2:43 - Role of the RBI Governor
4:21 - Process to understand printing of currency
6:24 - How do economies grow?
9:43 - Worst decision of RBI
11:07 - Why were ₹2000 notes stopped?
12:59 - Black money and demonetization
15:52 - Argument behind bigger denomination notes
17:45 - PM Modi & Dr. Manmohan Singh
20:58 - India's engagement with the world
24:20 - Change in the world order
26:07 - Competitors of India
28:30 - Saudi Arabia: New Europe of the world?
30:30 - Manufacturing in India Vs. China
35:51 - Growth in India, America and China
46:03 - Who will be the next face on the Indian currency?
47:58 - Salary of the RBI Governor
50:49 - Best Finance Minister of India
54:07 - His book "Breaking the Mould"
54:58 - Financial advice for every young person
58:16 - Conclusion
Reghu Ram Rajan is not even an Economist. How come he been appointed as RBI governor --- Chidambaram
@@rajeshpillaikN than he was kicked 🗿🍷🍷🍷🍷
🍷
Thanks for the time summery
Itne nalle ho bhai😂😂😂
kya matlab bhaii@@AskYourDaddy1
So far, I liked it most. I’ve been a great follower of him & can listen to his lectures for hours. Much love to the show to bring such minds & let us learn from.❤❤❤❤❤❤
Actually true. But some people in comments section show how messed up our society is. They still don't get the point he's making. To have a debate. To ask questions. To have healthy discussions.
@@narayansingh9407😂😂what healthy discussion when he has clear stand of anti India
@@arnav_negi2005 SO HIGHER TAXES IN INDIA IS NATIONALISM????? AND THEY SAID THEY WERE BUILDING INFRASTRUCTURE. BUT THAT INFRASTRUCTURE IS SUCKING . SO WHOM SHOULD WE QUESTION NOW???
How the hell he is the biggest economist when he hasn't studied macro economy in his life. He did electrical engineering then MBA and then finance
100% correct. Raghuram is not an economist. Demonetisation shattered the economy of Pakistan as it was pumping fake currency into Bharat. Another urban naxal
Because leftist say so 😂😂😂😂, they in their group call each other great.....😂😂😂😂 comrade ecosystem
He did his engineering in IIT D, MBA from IIM A and doctorate from MIT sloan, What's the problem in that?
🤣🤣🤣 more educated then your whole generation of family ,
@@alanwinston4215 yes but he never studied economics so he is not a economist
Is this the guy who supported foreign & criminal printing of fake rupees on an industrial scale?
Yes
It would be incredible to see a podcast featuring Ajit Doval! His insights into national security and geopolitics would make for an engaging and informative discussion. Have you considered inviting him as a guest ?
lolval
@@kamalverma4641 brown sepoys barking as usual before election. 😂but everything will be in vein, their foreign masters sleepy Joe will loose the election instead. 😂
If there was no demonetization there would be no digital india.that was the start of cashless system
Digitization had to come whether demonetization or not sooner or later
It's a lame argument
Yeh toh ayse baat ho gayi ki you have thrown a stone to kill a bard (black money). That bird is flown away but the stone hit a raw mango (digital payment). Now everyone is celebrating the raw mango.
NO one is saying that if some more time were given, you'd naturally got the mango (UPI) in more ripe form.
Abe...
Demonitisation was made by Modi because his jealous congress politicians
He is very intelligent and educated.... Like Mohammad Bin Tugalaq😂
Modi is puppet of Adani and Ambani
Congress has chosen Dr Manmohan an PHD is economics as PM not some Sadkchap like Godi
And Raghuram Rajan is
Indian Institute of Technology, Delhi (BTech)
Indian Institute of Management, Ahmedabad (MBA)
Massachusetts Institute of Technology (PhD) and
At 40, he was the youngest individual, and the first born in an emerging-market nation, to be appointed the chief economist at the IMF.
while BJP chosen Illiterate Modi as PM and an IAS generalist officer as RBI governor Shktikanta Das
Shktikanta Das education
(BA) and master's degrees (MA) in history from the St. Stephen's College, Delhi. He was awarded D.Litt. by Utkal University in 2021
So we know who is best for India and who is doing only drama
@@harshnaik6989 yes we know, during whose tenure India's economic growth increased, and during whose tenure commonwealth, 2g, etc scams happened. We also know who is the A+ ranked governor in the world.
@@harshnaik6989😮
रघुराज कट्टर कम्युनिस्ट स्वयंभू महान अर्थशास्त्री। 😊😊 उन्होंने आरबीआई के गवर्नर के रूप में अपने कार्यकाल के दौरान भारत की बैंकिंग वित्तीय संरचना को बरबाद कर दिया।
I know he is very educated
But why he always preferred to talk shit everywhere
He was good back then
Because when his tenure was over in around 2014 or something, He thought he would be re appointed as the chairman, but instead govt. of India proposed someone else for the position, that's the main reason why he is salty with govt. and most of his statement and prediction about the economy outright proved to be false.
He wasn't good back then (I can prove it with facts) he isn't good toady.
He was Former Governor nd the remake's which he makes really hurt us.
If any firm wants to invest in India will turn back.
Yeah before 2008 crisis also people used to say that and everyone saw what happened, let’s wait
@@Mugiwara_Sanjii2016 me hataya
He is good for nothing is a fake personality
Third class debate with third class RBI governor who couldn't stop inflation and till today this suver was saying bharath will grow hardly 5% but now bharath have grown 8.3% and surplus FDI and GST collection is very high, I watched his channel for the first time and he can't judge whom to invite and from now on TATA good bye khatam to his channel
First class Mohit, Harvard graduate, economics extraordinaire is calling a RBI governor third class 😂😂😂
He was about to print 10000rs.note
@@bluefinaquaculture8234 firstly it was a proposal with his pov which got reviewed and later rejected. So he did not wake up and tell tomorrow I’ll print 10000 note. Unlike certain joker. I don’t see your blood boil about having to stand in line at an ATM for hours to access your own money after making your money useless overnight?
Modi is puppet of Adani and Ambani
Congress has chosen Dr Manmohan an PHD is economics as PM not some Sadkchap like Godi
And Raghuram Rajan is
Indian Institute of Technology, Delhi (BTech)
Indian Institute of Management, Ahmedabad (MBA)
Massachusetts Institute of Technology (PhD) and
At 40, he was the youngest individual, and the first born in an emerging-market nation, to be appointed the chief economist at the IMF.
while BJP chosen Illiterate Modi as PM and an IAS generalist officer as RBI governor Shktikanta Das
Shktikanta Das education
(BA) and master's degrees (MA) in history from the St. Stephen's College, Delhi. He was awarded D.Litt. by Utkal University in 2021
So we know who is best for India and who is doing only drama
@@surajjaison248 third class Manmohana and rajan they pledged tons of gold to UK bank to control inflation and falling economy by the end of their tenure they made india fragile 5 economy but now see what modi ji and nirmala sitarama has done they have made india fragile economy to top 5 economy, see the startups and unicorns it has overtaken china too hats off to Modi ji
One of the best Raghuram Rajan Sir interviews I have seen. You get mesmerized with his knowledge
India would be lucky to do 5% GDP growth next year...." - Virat IIT, IIM and MIT Economist after Bharat Todo Yatra...
Let that quote sink in...which is also going down in history...
He is not happy cause not appointed by current Gov. Throwing only venom for Mother India. 😂
Speaking truth which can be undigestive, he is not connected to any party
Rajanji is an excellent Economist in India we ppl salute him
Instead of focusing his current job Rajan is thinking as if he is in RBI.
This guy wakes up and says "recession incoming! " everyday and sleeps only to wake up next day seeing no recession and says again "recession is coming this time for sure"
😂😂😂😂😂😂😂😂😂, he should be reminded of that......pappus friend became pappu...
Mr. Raghuram Rajan. Evergreen governor of RBI and the most insightful Economist who worked against the current corrupt govt intentions.
What kind of Ex. RBI governor who says I am carrying large stack of big cash notes in my wallet in the current era of UPI revolution?
DEMONETIZATION WAS FOR DIGITIZATION ❤❤❤ MODI VISION WAS GREAT❤❤❤
Sincere suggestion to Rajan is to preserve the dignity of RBI office. Enlightened economists give solutions and rarely criticise.
with all due respect, i think he is too biased. i would love to see a bit neutral view from elite educated personalities
THE ONLY " CHAPRI " GOVERNOR, RBI EVER GOT 🤑🤑🤑
Right
Chomu h kya Rohan aukat mai reh
Jai hind bhai
@@mahendra007nagpure8jai hind dost
Chapri pm and hm
I am glad to listen your podcast made with one of the best economists in the world and we got this opportunity to watch the video through your podcasts.
I got information that shaped as well as enhanced my curiosity regarding Indian economy and financial literacy .
Demonization was done because of historic rise of NPAs in the banking system.
Because Govt is unable to recover the NPAs, they wanted ordinary citizens money in the banking system, to stop the banking system from crash...is my understanding of Demonization
But introduction of 2000 note was big blunder
Every order has a purpose
U P elections.
Vai kahase economics par liya hei apne?
@@BasEkKafirintroducing 2000notes n making them inactive was not a blunder bro
It was a big warning to all those fake note printers that they should stop their business ASAP.
Those fake notes literally helped the t*rrorists activities in india. And after demonetisation their activities were reduced in india.
So it was a good decision by govt 👍👍👍
My celebrity Mr. Raghuram Rajan sir...Yes I was fortunate enough to see you in presidency college Kolkata way back in 2015 and sir you are the one for whom I joined public sector bank and I chose it as a career...❤ U sir
During my college days, I had the privilege of crossing paths with him. I distinctly remember his charismatic persona, clad in a sleek leather jacket. Seeing him in his current state fills me with a sense of inspiration. His remarkable demeanor left a lasting impression on me back then, and his continued impact today truly makes for an engaging conversation.🙇♀️
People really look at once qualifications, without understanding his work assume he's some kind of a prodigy. Kinda silly if you chose to ignore how salty he's been for not getting reappointed as the RBI Governor and obv his blatant bias, its sad all that knowledge and potential is getting shadowed by his bias
Also I don’t agree with his view that we should focus on service sector rather than manufacturing. Every superpower today is that way because at some point in time they were manufacturing mammoths. Saying that manufacturing is past and to forget it seems implausible.
He's is wrong in his belief
He resigned and didn't want to come back to become RBI governor, get your facts right first
@@nishantchandra2876indias economy is built on services. anything produced of some actual value in this economy is services. why not double down and expand? why focus all resources on manufacturing? manufacturing needs to be a part, especially high skilled which only comes with manufacturing knowledge, but services (the backbone of this economy) is not even getting a glance compared to the time this government is putting on manufacturing
@@knutjonsson1816 Reliance on services for GDP is hazardous. No country can become financially robust without a thriving manufacturing industry. Doubling down on services will compound the error we made in the past. China brought a humongous number of people out of poverty with their manufacturing industry only.
fact about raghuram rajan: he got prestigious Governor of the Year 2014 award. He was chief economist for IMF.
So? He predicted everything wrong. Who cares about his awards.
@@kavithasanagaram well not everything...he predicted demonetisation will be a disaster..and it was...
@Incognito-in i don't think banks need rbi governor's permission to give loans...but i'm sure he'll know who let them out of d country...
@Incognito-in role of rbi is to make Guidelines so that banking system remains healthy...and when it comes to adani, yes it is Central govt responsibility to see how a single person got so much loan from "GOVT" banks, to avoid incidents like nirav modi and vijay malya from happing again...
Hypocrisy likh dene se log apne aap ko cool samajhne lagte h...
@Incognito-in becoz govt asked banks to give loan to adani ...
Excellent, we would like to listen to this type of interviews ,love Listening to dr.raghuram Rajan.
If demonetisation was the worst decision, then discontinuing this sadist was the best decision of the govt😂 .. off late he has been giving interviews to everyone from shamani to barkha Rajdeep Lalla top (in Hindi) using RUclips as political launch pad for 2024 election on cong ticket. Not only will he lose, congress will come down 35 MPs this time.
Ohh Raj!!! You are doing amazing by inviting guests like Sir Rajan😮. These conversations are priceless literally priceless.
My father diet because of medical emergency and i don't have cash and bank did not allowed to withdraw my own money. After demise of my father i had many problems to pay the bill during demonization time that was the worst time and government decision.
His predictions are always false 😂😂😂
He predicted that there would be a financial crisis in USA in 2007-08, guess he was wrong and knowledgeable people like you were correct
Ex RBI governor now Supports Pappu blindly 😅😅
Shaktikanta Das is doing much better than him as RBI Governor !!! 😂 Mr. Rajan does not accept IT !!!
00:01 Demonetization is considered one of the worst decisions made by the RBI.
02:37 Raghuram Rajan explains the importance of maintaining the value of currency.
08:28 Demonetization was one of the worst decisions made by RBI.
11:11 Demonetizing 2000 rupee notes raised questions about printing rationale
16:28 High denomination notes used for storage and illegal activities.
18:35 PM Modi's strength lies in his ability to connect with people and persuade them.
23:03 Maintaining good diplomatic relations for economic benefits
25:08 The global world order is changing due to the rise of China, India, and Brazil
29:17 Investing in human capital is essential for India's economic success.
31:26 Challenges in Indian workforce and business regulations
35:42 US, China, and India's growth strategies
38:05 India's focus on higher education has benefited its economy.
42:16 Emphasize service and innovation over manufacturing
44:19 India needs to deliver on its promise to attract investments and tourists.
48:34 RBI governors don't receive a pension.
50:30 Raghuram Rajan's opinion on best Finance Ministers of India
55:04 Finance tips for young people
57:14 Continuously improve yourself for financial security
Great work 👏 Thanks
he is a khangressi yrr
😂😅 biggest Lier ex RGR...aka Pappu of RBI Leftist in marking..all in one 😅
Right😅
@@yashvirsingh8825 👍
Modi is puppet of Adani and Ambani
Congress has chosen Dr Manmohan an PHD is economics as PM not some Sadkchap like Godi
And Raghuram Rajan is
Indian Institute of Technology, Delhi (BTech)
Indian Institute of Management, Ahmedabad (MBA)
Massachusetts Institute of Technology (PhD) and
At 40, he was the youngest individual, and the first born in an emerging-market nation, to be appointed the chief economist at the IMF.
while BJP chosen Illiterate Modi as PM and an IAS generalist officer as RBI governor Shktikanta Das
Shktikanta Das education
(BA) and master's degrees (MA) in history from the St. Stephen's College, Delhi. He was awarded D.Litt. by Utkal University in 2021
So we know who is best for India and who is doing only drama
@@harshnaik6989I spotted one more Pappu and you are that one ..🤣😂 by the way post your biodata here,as next Governer has to be elevated you are in line after Pappu 😂🤣
I am really impressed by your question to Rajan sir. It's really amazing for india and peoples also. Your way of taking is awesome and voice ton is so clear and politely.
Raghu is a funny man..he said if india get gdp of 5 at this quater it is good india got 7+ gdp
India grew 4% last 4 year
@@subhrajitgupta5535 bruh😂😂😂 come out of your strawberry land
@@Sourav_2k03 your 3rd world intellectualism loghts up nothing. India grew at 4% rate in the last 4years.
@@subhrajitgupta5535 rahul baba ke school se padha hai kya..2022 7% tha aur 2021 9% tha 2020 andd 2019 sab ko pata hai kya hua tha..compare with also other nation.. chatukarita chod do
@@subhrajitgupta5535 juda hua bharat ko fir se jodne ka kam😆
This guy always talk against Indian policies when he was away. Due to his personal anger. All his predictions went wrong. Demonitization brought the digitalization which we all Indian are using now.
Huge Respect for The Raj Shamani for Bringing this legendary Person on podcast ❤❤
Check his education background. Electrical Engineer turned Economist became RBI Gov.. 🙏 Not a joke. Google.
Check current governors edu background also bachelor of arts become ias then governor
Not a joke bing
Education is not the criteria. Decision making + logical critical thinking + CORRECT education with unbiased lens is the criteria. And this is not a joke [
Engeneer with an MBA is not equal to an economist.
Samjha Bail budhhi
99.8% not possible
सर आपके Podcast बहोत ही अच्छे होते है. सर एक Request थी. Most of Podcast English मै है.
तो Plz हिंदी Audio मै हम सुन सके इसलीये कुछ किजीए. RUclips के कुछ Channel को जो Setting है जिसमे Other language मै Video सुन सकते है. ऐसा कुछ Setting आपके Channel मै Plz शुरू किजीए.
Preparing for RBI Grade B right now. This video is very helpful in my journey i get goosebumps watching this man. What a man what a Hero. Salute 🙏
The worst would be that during Covid he suggested that government and RBI should give stimulus package just like US did but our current RBI governor didn't agree to that. And thank god. Just see the US, UK and other major economies where stimulus packages were given. Our current inflation and GDP growth shows RRR's contrarian view point. Even he dont talk his incredibility about the NPAs created by bank during his time and congress rule which our current government corrected.
Are you aware that during the pandemic our GDP was minus 11 ( -11% ) which was the worst in the world (among meaningful countries). Yes, worst in the world. Please google and see for yourself. Only then will you believe. This is where stimulus would have helped. As for inflation, please try to buy vegetables shoes or even cars and see how everything is double. Inflation has happened anyway. It has nothing to do with a temporary stimulus. Please actually go in to shops and try to buy things, forget the published inflation figures. Then you will face shocking inflation.
@@SIMARJEETMEHTAye hai WhatsApp University wala to, worst in world 🤣🤣🤣🤣🤣🤣🤣🤣 kaha se aata hai bhai
You sung seeing him like enemy of you and your propaganda
I still dont understand - How come a US citizen can be RBI head............................Someone needs to change this rule. Also he is planted by US to screw India and its economy. Rahul Baba is big fan of him........................because both have same agenda........................India ki waat lago....................Congress government brought him....................BJP ne gaand pe laat marke bhaga diya............................lol
& Gobi ji extended food grains program by five years, We like to give rewari instead of money. How is it different
Man wants to be Next Prime Minister from Congress like Dr Manmohan Singh
Really great podcast, highly insightful, speacially GDP consumption of China and India, next superpowers , role of UN , view on current and past PM , really very crisp information 👍👍
Raj Shamani - Best Selling Author😮
Dr. Raghuram Rajan - Author😢
He is respectable person to us.
His views may be different, some may be wrong,
Still he deserves respect.
Apka mangal ho
Raj thanks for to the point interview.
You are really RAJ of DDLJ.
Raj bhai, I am a genuine follower of your content. But this guy is totally unexpected.
I know he has some tussle with the Modi govt. His anti India predictions and numbers mostly fail and prove to be false and the fact that he is a congressi, makes it all the more political. As an honest well wisher of you and and your channel, I think you invited the wrong person.
true
No we need more such people for two reasons. 1. People should know about these hypocrite. 2. To have a diverse opinion on a topic.
When the academic was leftist (it still is) they wouldn't give conservative or indic people a platform. Don't turn social media like that it is bad for the long run
Modi is puppet of Adani and Ambani
Congress has chosen Dr Manmohan an PHD is economics as PM not some Sadkchap like Godi
And Raghuram Rajan is
Indian Institute of Technology, Delhi (BTech)
Indian Institute of Management, Ahmedabad (MBA)
Massachusetts Institute of Technology (PhD) and
At 40, he was the youngest individual, and the first born in an emerging-market nation, to be appointed the chief economist at the IMF.
while BJP chosen Illiterate Modi as PM and an IAS generalist officer as RBI governor Shktikanta Das
Shktikanta Das education
(BA) and master's degrees (MA) in history from the St. Stephen's College, Delhi. He was awarded D.Litt. by Utkal University in 2021
So we know who is best for India and who is doing only drama
RRR is very knowledgeable guy. I totally agreed with some points of him. But he is so biased to other part hate towards other.That's why I partially believes his intentions😊
His hatred for PM Modi knows no limits.It is dripping all over hos face.
Bro flexing with RBI Governor what a journey it has been for you.. Great work
Key takeaways from Rajan's pov in this pod -
1. Demonetization was largely ineffective in eradicating black money. In fact it was one of the worst decisions made by RBI.
2. Modi is a very alert politician with a great ability to capture nations pulse.
3. Manmohan singh was a technocrat in his approach.
4. India needs to get better with educational standards as entrepreneurs in the country feel there are not enough qualified people to be employed.
5. A shift in world order is needed as the developing nations such as china, india and brazil rise to power.
6. UN as an institution is highly ineffective.
These kind of discussions every Indian Youth need to see & understand! Thank you
Good episode, lovely conversation! Keep up the good work.
Hey raj shamani.. your questions were brilliant and very good. I loved your interview questions so so much. I did not know that your had also interviewed Raghuram Rajan. This interview is so much better than his interview with Ranveer allahabadia.
Thank you for such a wonderful episode with such an eminent person.
Absolutely loved this podcast! Was so so informative, didn’t think i would watch the entire thing seeing the duration but i ended up watching the entire thinking without skipping at all! Loved it
Crores of Indian currency was being printed in Pakistan and Pakistan was selling indian currency in half of the rate in india this process was disturbed and collapsed by modi's demonitisation.
just thank u Raj for this podcast.........It was indeed an honour to listen to one of the greatest minds India has ever produced!!!!
lol! as said by a champu
@@manh9105 Modi illiterate Bhakt spotted
Thodi aur chaat le bhai.....abhi geela nahi hua hoga....😂😂😂😂😂
🤣🤣🤣 A mind which couldnt predict GDP even close enough
😂what
Such a intellectual discussion ! Kudos to this podcast !!
Why is he comparing India with China, has he forgotten how India helped several countries during Covid with free vaccines?
It was such a wonderful podcast. Finance and Economics enthu, cheers!
Thankyou for this podcast , loved to hear him around ❤ i wish to hear him longer too
मैं सिर्फ रघुनाथन जी को इतना ही पूछना चाहता हुं आज जो inflation rate है वो demonetization नहीं आता तो इससे कम रहते क्या? Politically सब चलता है महंगाई और बेरोजगारी के जन आंदोलन क्यों नहीं आते? रास्ते, बीजली, पानी एग्रीकल्चर, industries, सब congress के राज में इतना ठीक चलता था क्या? उनके जवाब आप कभी economic expertise के हिसाब से देना। 8 साल हो गया, जो ठीक नहीं होता तो 2019 मैं फिर भाजपा और अभी 240+ NDA govt आयी क्यों, जनता बेवकूफ है। Talent अलग चीज है जनता का काम चलने चाहिए वो अलग बात है , West क्यों गीर रहा है वो कभी बताना
always talking about demonetisation but failed to convince the people.
It's an honour and proud that you are from our MP on this level. Great respect for both of you Raj and Rajan sir
Only those people who were running small or medium size businesses during demonetization will be able to understand the pain of this extremely wrong decision.
So many businesses got closed down, their families came on road, so many people also died in this process.
In the beginning we were also proud that it is done to give blow to terrorism, corruption etc. but later came to know from results that it was the foolish decision without thinking deeply how Indians save their money. It was like robbing people of their whole lifes savings.
Raghuram Rajan is not an Economist he's an MBA he is a finance person
Current governor is also BA and MA 😂😂 now plz say he's not doing well 😂😂
@@erwinsmith5796 Bro everyone is not a good performer in his/her field but atleast you should be eligible there is a criteria
@@samanwaydey5546 Modi is puppet of Adani and Ambani
Congress has chosen Dr Manmohan an PHD is economics as PM not some Sadkchap like Godi
And Raghuram Rajan is
Indian Institute of Technology, Delhi (BTech)
Indian Institute of Management, Ahmedabad (MBA)
Massachusetts Institute of Technology (PhD) and
At 40, he was the youngest individual, and the first born in an emerging-market nation, to be appointed the chief economist at the IMF.
while BJP chosen Illiterate Modi as PM and an IAS generalist officer as RBI governor Shktikanta Das
Shktikanta Das education
(BA) and master's degrees (MA) in history from the St. Stephen's College, Delhi. He was awarded D.Litt. by Utkal University in 2021
So we know who is best for India and who is doing only drama
If India grow with 5 % it will be good but we are now growing at 7.8 that may be worst 😢😢 it might can create worst in future 😮😮
Last 4 years growth is 4%.
What about covid kid@@subhrajitgupta5535