The best moment of the podcast. India me bohot gaay hai. Too good. I don't think anyone has ever talked about GDP at this granular level. Amazing stuff!
Thank you Sir to make this podcast in Hindi. We love it Hindi used in entire India + Bangladesh+ Nepal + Bhutan+ Pakistan + Afganistan + Mayanmar+ Mauritius + Shree Lanka + ..... 95% people of these countries are used Hindi in speaking, and Hindi is 3rd Top language in the world. Around 250 crores people speak it. And if we r from Hindustan then it's our duty to respect our language. And English is only used for business purposes.
I have been following Neelkanth’s interview since he an economist at Credit Suisse!! I used to earlier work for UBS in the macro strategy team and we used to read Neelkanths reports very closely 😅
Dear Mukesh Sir.... Please make an episode on why different states are at different points as far as economic development is concerned.... Looking forward to that economic history discussion.....
Perfect - Knowledge boosting discussion - Great insights shared - India needs such people at planning level - Conversation using Hindi is helping understand the topics better - Thanks
The rapid progress in the Digital space is another positive factor besides the Core/Critical leadership of Modi Ji. If we can elect less corrupt Governments (non-Congress/non-Left/non-Family parties), India can exceed the current expectations. Modi Ji should try to reduce the size of the Bureaucracy drastically & the states collectively should attempt at the long-delayed land & labor reforms
Excellent discussion, clear bottoms up analysis of GDP/ GDP growth and its breakdown without using buzzwords but using practical examples. One thing I am not buying is the explanation on why GDP cannot grow more than 7-8% (without factoring inflation). Understand the risks of "speeding car" and margin of error analysis. But seems like a lack of imagination as well as will on the part of economic policymakers to find a path to robust, resilient, sustained high GDP growth of 9-10% in real terms. This is urgently needed to meet the aspirations of the youth of the country, raise the standard of living of the poorest of Indians, not to mention the challenges of the large economic and military gap with China that needs to be narrowed. Why is it that tech transfer can ONLY contribute 2% to GDP and not more, and how can it be made to be more (for example by 1) properly leveraging the enormous talents and power of the Indian diaspora including CEOs that can help in getting plugged into the "trust networks" and "supply chains", and 2) by raising investment levels in equities higher and faster by making a great case to Indian decision makers in leading VC firms, Sovereign wealth funds of countries like Dubai and Singapore, economic thought leaders like Ruchir Sharma come to mind, or for that matter 3) use the digital banking to raise the deposit levels and capital from within the country)? I am sure the experienced "smart" economic and policy minds can find good solutions to overcome these perceived limitations.
Thank you for your detailed feedback and insightful thoughts on the discussion. Your suggestions on leveraging the Indian diaspora, increasing investment levels, and utilizing digital banking are all valuable avenues to explore. We'll strive to incorporate these ideas into our future discussions and analyses.
You make valid points. But economic conditions do not go like a smooth curve. Also for a large nation like ours technology alone cannot boost the growth. Remember that.
Ok so I think the issue is that, for double digit growth or close to that. A lot of factors needs to converge.And as you saw in the video, the disparity on the ground is huge. Getting states and the Centre on the same page is really difficult and unlike China, the Centre can't order States to meet a certain target or get something done by a certain deadline (that kind of control has its own downsides). I do think ambition is a big part though, because policymakers don't have much reason to really try and push growth rates. 7% is pretty solid. If you keep that up for one term, your chance of being re-elected is pretty decent so why make the effort to go further?
Great ongoing content, sincere thanks for bringing in guests and topics within the larger Indian context & ecosystem. Two suggestions for future content: 1. Can we have some guests who are ok to openly (and candidly) talk about why their ventures failed at different stages like - never took off the ground, initial success and than failing in scaling, became big and then failed etc. Generally there is more to learn in failures than success. 2. Decoding the funding/unicorn/valuation myth (jargon) in the start-up space. Why are companies running after valuation despite having huge losses in the P&L, seems to be very counterintuitive from traditional business success metrics
Thank you for your feedback and suggestions! We're delighted to hear that you're enjoying our content and find value in the topics and guests we bring to the podcast. Your suggestions are incredibly insightful and align with our commitment to providing meaningful and relevant discussions within the larger Indian context. We'll definitely consider inviting guests who are willing to openly share their experiences and insights into why ventures fail at different stages. Additionally, decoding the funding, unicorn, and valuation myth in the startup space is a topic of great interest and importance. We'll make sure to explore this in depth, shedding light on the intricacies and implications of these concepts in the context of startup success and sustainability.
This was an amazing episode, thank you first of all. This got reiterated in this episode too that how big is the current opportunity for India to grow & many other important people are also saying the same thing..."everything is aligned for India to win" ....You also mentioned in the episode, how India has to go gung-ho for the next 30 years to maximize our chances. But so many of the formal sector workforce is talking of FIRE & retire early...almost every other working professional (now ~30-35 years) aspires to retire early ....how do you think will this impact our growth prospects?
what a wonderful recap of all the wheels that come in motion to move our GDP - a macro-economic variable we use more often then we analyse / dissect.. had heard Neelkanth Mishra in the CFA Conference and was wanting for more.. thanks Mukesh Bansal for doing this and that too so well..
i think india will reach a middle income trap by 2030s, with the current level of education and declining consumption and declining exports and very low skills. So India will become Another Brazil, Thailand etc.
Pahle India middle income country to bane. Middle income trap middle income nations ke liye hoti hai jinki per capita GDP $ 4000 aur $ 12000 ke beech hoti hai. $ 4000 se $12000 per capita hote hote India ki GDP 8 trillion aur 24 trillion ho jaayegi. Kya aapko lagta hai ki India ki GDP uske baad aage nahin badhegi? Bilkul badhegi. Middle income trap kis wajah se hoti hai us per knowledge gain karen. India middle income trap mein nahin aayega . Kyon nahin aayega iski wajah aap khud pata Karen, knowledge spoon feeding ki ummeed na rakhen.
Brazils middle income trap was at 7k USD, Thailands was at 5K.. I think Indias will be at 6K USD, if it reaches 12K i will be surprised. Boss For India to reach Lewis turning point, Do u realize what is the pace of land acquisition needed ? Are we acquiring land at that scale ?Is ivestment happening at that scale, even if govt provides free land to the industries ? We arent competitive in exports, neitther do we have the purchasing power for investment to happen in domestic consumption. What will drive growth , then ?@@atulbesra822
Our mainstream media is in a bad place.Social media needs to chip in with these kinds of quality program. Ideally you could conduct debates like the ones ORF comes out with. Thanks for the great 1st episode. NM is a lovable genius.
Very nice episode breaking down the economic potential of India. One thing though: 8:54 roads don't have an "impact" (crash force, which is संघात), but an _effect_ (प्रभाव or असर) or _outcome_ (परिणाम). I'm not sure where people are learning this jargon word, but it's incorrect.
1. POPULATION OF BHARATH IS 140 CRORES 2. POPULATION IN THE AGE GROUP 18 - 60 is approximately 65% = 91 crores 3. At any given point of time the number of farmers is 15 crores. Dairy and other farmers are one crore. Miscellaneous are TWO crores. This means the total is 18 crores. The formal sector is Maximum 2.5 crores public sector + Formal Private sector is One crore + Indirect employment is 2.5 crores. Other informal and casual employment is 2 crores. SO GRAND TOTAL OF EMPLOYMENT AT ANY POINT OF TIME IN THE NATION IS 24 CRORES AT ANY POINT OF TIME IN ANY SITUATION. SO NET EMPLOYMENT NEEDED IS 91 CRORES MINUS 24 CRORES = 67 Crores. So the dependency ratio is 24::67 = 1.8 (approx). Now, what is the average expenditure on one employee as on date? As on date it IS Rs. 2.5 lakhs per year (most conservatively) {PROFESSIONALLY : CTC; IN AGRICULTURISTS LANGUAGE : MSP}. So ₹.67 crs × 2.5 lakhs= 168 lakh crores. So every year 200 lakh crores demand shall get generated/created every year to sustain employment generation (if addition of 1.5 crore youth/per year is added ?). So, analysts, experts and strategists along with professionals plan how to generate this magnitude of demand for goods and services each and every year and year after year. RHETORICS ARE SIMPLE. BUT THIS STRATEGIC THINKING IS DIFFICULT BUT IT IS MANDATORY AND ESSENTIAL. Simply put, every year a trillion rupees demand must get added to the GDP. SO, what shall be the GDP GROWTH? THIS OFCOURSE A Theoretical PERSPECTIVE. CAN RAAGONE OR PRIGONE OR SOON GONE OR INDI-GONE ALLIANCE OR ANY BODY OR PERSON WORTH HIS/HER SALT ASSURE AN ANSWER SOLUTION TO THIS?
Meaningful discussion but somewhere it felt that Mr. Bansal went in passive (sleepy) mode doing just “hmm, haan, yeah, right, etc) instead of asking more in-depth questions probing Mr Mishra further.
thnx for bringing him again. ❤ from bihar. BTW can u bring private equity guys and discuss dealmaking with them deeply. it would be a great learning source
Very insightful but I had to strain much to figure out and sometimes check on Google if understanding was correct as it became mostly in Hindi. Please can this series be made in English?
I turned on captions and saw that the youtube caption algorithm go bananas because they speak in english & hindi !!Maybe pick one language so it becomes predictabe
Sir, india is already a five triillian economy,only thing pending is govt must make every shop and trade showroom accountable to sell in bill only, frame harsh laws to make everybody to make sell in bill, in india even today after gst only ten percent retail shops r doing business in bills.
That is a horrible idea. Firstly, there is no statistic that says India is a 5 trillion dollar economy. And after that, why do you want everyone to use physical currency? Digital currency is so helpful because it's convenient, more difficult to do illegal operations with, has helped connected many of the poor with the financial system. Being reliant on bills is the opposite of being a modern economy.
Aap dono Bahut bahut Badhai ek achhe program prastut Karane ke liye. Corporate governance in India par phi program kariyega. Recent developments in PayTm and Baiyajus have put a question mark in valuations and Corporate in start ups in India .
With the current Indian policies, our economy will not grow as projected by Neelkant. We need to liberalise our SEZs a lot more like China and emulate China. Also, it is not easy to grow like China because India has to manage growth despite China, whereas China didn't have India to stop its growth. India must buck up dudes.
If you go to Germany ,you will learn German. But even if you are born in India .You will not learn Hindi.By the way , I was born in France and live there .But still in our home we speak Hindi
MR NEELkanth must not mislead..., again PPP 3rd largest isnt the point, PPP per capita is what matters. having high GDP just coz of the size of the population isn't enough
@@intellectualendeavors7194 what u are saying is correct but we can't go keynesian way it will affect us in the long term. Now pls don't call me hindutva facist just because i don't agree with your.
Please don't come up with people who are related to economic sector , We have seen enough Tughlaq reforms from their side.Please look at exchange rate with dollars, purchasing power, savings, industrial growth.Nothing will come to a country which having inflated economy,undemocratic, draconian laws.
Simply themselves not clear what message they are delivering Then what audience will be able to understand 😅😅😅😅😅 Very funny After this much wealth and experience this is not worth
we are at 4 trillion dollar now we are expected to hit $5 trillion dollar by 2026, we may be 10 trillion dollar by 2035... We will certainly be 20 trillion dollar economy by 2047
There is an attempt to glorify the present government which is unwanted. As for the performance of India is concerned, the real reform took shape in 1991 with MMS The modi government has not made any economic reform which has benefited the country. Rather there has been the concentration of wealth in a few hands. The more the government seems to be favoring oligarchs while ED and CBI and other state agencies are unleashed against the not so favorites. The result is that high net worth individuals and true entrepreneurs are moving out of India while some of the cronies are sticking in India. This has to change and a level playing field which is business friendly has to be created for India to progress. India has to practice minimum government maximum governannce , reduce bureaucracy and make country favorable for entrepreneurs .Avoid any kind of favoritism to ny business houses. The GDP is not a real measure of the national well-being. Concentration of 90% of the wealth in one percent has left the rest of the nation practically impoverished. The average per capita income could be as low as $500 for the rest of 99%.
Most of nations across world are wondering why they are not making enough babies due to which average population age has gone beyond 40 and they would enter recession due to this reason. I think you have not listened to first 10-15 minutes of this podcast. In our country average babies has fallen below replacement level in most states. Only up, Bihar, West Bengal and Rajasthan is above replacement level.
Please make the entire podcast in English. The official language of India is not Hindi. I’m South Indian I don’t understand Hindi hence I had to stop watching the video.
@@indiasduke I didn’t write the comment for you, it’s to help him. If he wants to grow his channel he has to do it with English because it’s a language everyone in India understands. Why do you think Think school and beerbiceps have their content in English instead of Hindi?
This is pathetic. Mukesh asks a simple question - what is GDP, how is it measured and who measures it. Neelkanth takes 20 minutes to not answer it! If you don't believe this show it to any literate person who is not a graduate of economics and check if the person is any wiser after seeing the first 20 minutes. Neelkanth is much better at talking about things he is familiar with. For the rest he sounds like senior IAS officers who may be graduates in history or sociology and talk about technical issues in economics! And we are now threatened with an episode on the impact of Geo politics on Indian economy!
I disagree. Neelkanth is not taking an undergraduate class on economics. He is talking from his experience and hence meanders from the topic a bit. If someone wants to understand economic concepts in depth, they should look up other videos that explicitly mention that they are teaching the basics.
Government must focus on infrastructure India can easy surpass all devoloped countrys, once infrastructure devoloped. India has geographical advantage, and demographic devidend.
Totaly useless. Simply cannot understand what they are saying what flow of communication 😅😅 I tried hard to continue till last after 20 minutes I can not tolerate #nikhilkamath #podcast what a clarity @nitinkamath @nikhilkamat #youtube
![Run Away - Tzuyu(TWICE) ツウィ 쯔위 [Music Bank] | KBS WORLD TV 240906](http://i.ytimg.com/vi/KnHNNyAYiu0/mqdefault.jpg)
The best moment of the podcast. India me bohot gaay hai. Too good. I don't think anyone has ever talked about GDP at this granular level. Amazing stuff!
But its going to be an extremely long road to match even China/Russia let alone matching US/EU but not impossible that's the important point.
@@ishandutta2045 Indeed! Let's hope for the best then👍
Thank you Sir to make this podcast in Hindi. We love it
Hindi used in entire India + Bangladesh+ Nepal + Bhutan+ Pakistan + Afganistan + Mayanmar+ Mauritius + Shree Lanka + ..... 95% people of these countries are used Hindi in speaking, and Hindi is 3rd Top language in the world. Around 250 crores people speak it. And if we r from Hindustan then it's our duty to respect our language. And English is only used for business purposes.
Neelkanth Mishra: A brilliant mind!
Thanks for this episode! Please make this a periodic series. Always learn something new from Neelkanth Mishra sir.
Your wish is our command! We have 3 more episodes with Neelkanth Mishra coming out soon, stay tuned.
งงงงง😊น😊😊😊ฃฃฃง😊ขข😊@@sparxbymukeshbansal
😊
Always a pleasure to listen Neelkanth Mishra ji .
What an absolutely beautiful episode, cannot wait for the remaining 3 episodes 💯💯
I have been following Neelkanth’s interview since he an economist at Credit Suisse!! I used to earlier work for UBS in the macro strategy team and we used to read Neelkanths reports very closely 😅
Dear Mukesh Sir.... Please make an episode on why different states are at different points as far as economic development is concerned.... Looking forward to that economic history discussion.....
Perfect - Knowledge boosting discussion - Great insights shared - India needs such people at planning level - Conversation using Hindi is helping understand the topics better - Thanks
I can't believe this content is free!
The rapid progress in the Digital space is another positive factor
besides the Core/Critical leadership of Modi Ji. If we can elect
less corrupt Governments (non-Congress/non-Left/non-Family parties), India
can exceed the current expectations. Modi Ji should try
to reduce the size of the Bureaucracy drastically & the states collectively
should attempt at the long-delayed land & labor reforms
Excellent discussion in such a lain and simple language. Looking forward to gain more knowledge from Neelkanth sir
Thank you for bringing him the second time, he is too good 😊.
Excellent discussion, clear bottoms up analysis of GDP/ GDP growth and its breakdown without using buzzwords but using practical examples. One thing I am not buying is the explanation on why GDP cannot grow more than 7-8% (without factoring inflation). Understand the risks of "speeding car" and margin of error analysis. But seems like a lack of imagination as well as will on the part of economic policymakers to find a path to robust, resilient, sustained high GDP growth of 9-10% in real terms. This is urgently needed to meet the aspirations of the youth of the country, raise the standard of living of the poorest of Indians, not to mention the challenges of the large economic and military gap with China that needs to be narrowed. Why is it that tech transfer can ONLY contribute 2% to GDP and not more, and how can it be made to be more (for example by 1) properly leveraging the enormous talents and power of the Indian diaspora including CEOs that can help in getting plugged into the "trust networks" and "supply chains", and 2) by raising investment levels in equities higher and faster by making a great case to Indian decision makers in leading VC firms, Sovereign wealth funds of countries like Dubai and Singapore, economic thought leaders like Ruchir Sharma come to mind, or for that matter 3) use the digital banking to raise the deposit levels and capital from within the country)? I am sure the experienced "smart" economic and policy minds can find good solutions to overcome these perceived limitations.
Thank you for your detailed feedback and insightful thoughts on the discussion. Your suggestions on leveraging the Indian diaspora, increasing investment levels, and utilizing digital banking are all valuable avenues to explore. We'll strive to incorporate these ideas into our future discussions and analyses.
You make valid points. But economic conditions do not go like a smooth curve. Also for a large nation like ours technology alone cannot boost the growth. Remember that.
Ok so I think the issue is that, for double digit growth or close to that. A lot of factors needs to converge.And as you saw in the video, the disparity on the ground is huge. Getting states and the Centre on the same page is really difficult and unlike China, the Centre can't order States to meet a certain target or get something done by a certain deadline (that kind of control has its own downsides).
I do think ambition is a big part though, because policymakers don't have much reason to really try and push growth rates. 7% is pretty solid. If you keep that up for one term, your chance of being re-elected is pretty decent so why make the effort to go further?
Thankyou Neelkanth & Mukesh 🙏
Fantastic episode! Need more episodes with Mr. Mishra. 🙏
Extremely insightful podcast
Mukesh, this was really insightful and touched upon topics that only someone with experience could talk about. Waiting for the next video.
Excellent discussion. Very informative and lot to learn. Thanks to Neelkanth & Mukesh. Looking forward to more such episodes.
It would be beneficial for an audience like me if the conversation was in English especially things like numbers :), thanks.
Big Salute to both this MEN❤
Great ongoing content, sincere thanks for bringing in guests and topics within the larger Indian context & ecosystem. Two suggestions for future content:
1. Can we have some guests who are ok to openly (and candidly) talk about why their ventures failed at different stages like - never took off the ground, initial success and than failing in scaling, became big and then failed etc. Generally there is more to learn in failures than success.
2. Decoding the funding/unicorn/valuation myth (jargon) in the start-up space. Why are companies running after valuation despite having huge losses in the P&L, seems to be very counterintuitive from traditional business success metrics
Thank you for your feedback and suggestions! We're delighted to hear that you're enjoying our content and find value in the topics and guests we bring to the podcast.
Your suggestions are incredibly insightful and align with our commitment to providing meaningful and relevant discussions within the larger Indian context. We'll definitely consider inviting guests who are willing to openly share their experiences and insights into why ventures fail at different stages.
Additionally, decoding the funding, unicorn, and valuation myth in the startup space is a topic of great interest and importance. We'll make sure to explore this in depth, shedding light on the intricacies and implications of these concepts in the context of startup success and sustainability.
what a wonderful episode. explained the chinese methods of investments in such simple words.
Neelkanth is my favorite economist in India right now. Every time i hear him, i learn so much. Thanks Mukesh, for doing this series!
Absolutely brilliant podcast. Very educational and mind opening 😊👌🏽👍🏽🫡🇮🇳
Pure gold content ❣️
This was an amazing episode, thank you first of all.
This got reiterated in this episode too that how big is the current opportunity for India to grow & many other important people are also saying the same thing..."everything is aligned for India to win" ....You also mentioned in the episode, how India has to go gung-ho for the next 30 years to maximize our chances.
But so many of the formal sector workforce is talking of FIRE & retire early...almost every other working professional (now ~30-35 years) aspires to retire early ....how do you think will this impact our growth prospects?
Neelkanth is back! Looking forward to this series
A fantastic discussion. A lot to take away.
damn interesting. yes state wise gdp is called SGDP /(could further segregate district,city, geoLansdcape based cluster wise)
Yye4🙏🧒
What a masterpiece..thank you
what a wonderful recap of all the wheels that come in motion to move our GDP - a macro-economic variable we use more often then we analyse / dissect.. had heard Neelkanth Mishra in the CFA Conference and was wanting for more.. thanks Mukesh Bansal for doing this and that too so well..
i think india will reach a middle income trap by 2030s, with the current level of education and declining consumption and declining exports and very low skills. So India will become Another Brazil, Thailand etc.
True
Pahle India middle income country to bane. Middle income trap middle income nations ke liye hoti hai jinki per capita GDP $ 4000 aur $ 12000 ke beech hoti hai. $ 4000 se $12000 per capita hote hote India ki GDP 8 trillion aur 24 trillion ho jaayegi. Kya aapko lagta hai ki India ki GDP uske baad aage nahin badhegi? Bilkul badhegi. Middle income trap kis wajah se hoti hai us per knowledge gain karen. India middle income trap mein nahin aayega . Kyon nahin aayega iski wajah aap khud pata Karen, knowledge spoon feeding ki ummeed na rakhen.
Brazils middle income trap was at 7k USD, Thailands was at 5K.. I think Indias will be at 6K USD, if it reaches 12K i will be surprised. Boss For India to reach Lewis turning point, Do u realize what is the pace of land acquisition needed ? Are we acquiring land at that scale ?Is ivestment happening at that scale, even if govt provides free land to the industries ? We arent competitive in exports, neitther do we have the purchasing power for investment to happen in domestic consumption. What will drive growth , then ?@@atulbesra822
Poor audio quality. Suggest the podcaster to look into an improved audio recorder.
But, yes, phenomenal discussion 🎉
Our mainstream media is in a bad place.Social media needs to chip in with these kinds of quality program. Ideally you could conduct debates like the ones ORF comes out with. Thanks for the great 1st episode. NM is a lovable genius.
Very nice discussion, thank you both
Was waiting for it for a long time.
Thanks for doing this
Thanks for the insights!! Any books that you could recommend to get an in-depth understanding of GDP Growth or economic development.
The subject is really interesting and I am very keen to have details
don't count the chicken before it hatches.
Well said
Awesome episode.
Thanks 🙏
What is potential? जिसकी जितनी श्रद्धा 🤩
Very nice episode breaking down the economic potential of India. One thing though: 8:54 roads don't have an "impact" (crash force, which is संघात), but an _effect_ (प्रभाव or असर) or _outcome_ (परिणाम). I'm not sure where people are learning this jargon word, but it's incorrect.
1. POPULATION OF BHARATH IS 140 CRORES 2. POPULATION IN THE AGE GROUP 18 - 60 is approximately 65% = 91 crores 3. At any given point of time the number of farmers is 15 crores. Dairy and other farmers are one crore. Miscellaneous are TWO crores. This means the total is 18 crores. The formal sector is Maximum 2.5 crores public sector + Formal Private sector is One crore + Indirect employment is 2.5 crores. Other informal and casual employment is 2 crores. SO GRAND TOTAL OF EMPLOYMENT AT ANY POINT OF TIME IN THE NATION IS 24 CRORES AT ANY POINT OF TIME IN ANY SITUATION. SO NET EMPLOYMENT NEEDED IS 91 CRORES MINUS 24 CRORES = 67 Crores. So the dependency ratio is 24::67 = 1.8 (approx).
Now, what is the average expenditure on one employee as on date? As on date it IS Rs. 2.5 lakhs per year (most conservatively) {PROFESSIONALLY : CTC; IN AGRICULTURISTS LANGUAGE : MSP}. So ₹.67 crs × 2.5 lakhs= 168 lakh crores.
So every year 200 lakh crores demand shall get generated/created every year to sustain employment generation (if addition of 1.5 crore youth/per year is added ?).
So, analysts, experts and strategists along with professionals plan how to generate this magnitude of demand for goods and services each and every year and year after year. RHETORICS ARE SIMPLE. BUT THIS STRATEGIC THINKING IS DIFFICULT BUT IT IS MANDATORY AND ESSENTIAL. Simply put, every year a trillion rupees demand must get added to the GDP. SO, what shall be the GDP GROWTH? THIS OFCOURSE A Theoretical PERSPECTIVE. CAN RAAGONE OR PRIGONE OR SOON GONE OR INDI-GONE ALLIANCE OR ANY BODY OR PERSON WORTH HIS/HER SALT ASSURE AN ANSWER SOLUTION TO THIS?
Meaningful discussion but somewhere it felt that Mr. Bansal went in passive (sleepy) mode doing just “hmm, haan, yeah, right, etc) instead of asking more in-depth questions probing Mr Mishra further.
thnx for bringing him again. ❤ from bihar. BTW can u bring private equity guys and discuss dealmaking with them deeply. it would be a great learning source
How banks create money needs to be explained
Very Informative episode. Thanks. 🙏
Reforms are key and course correction is required during implementation. India/Bharatavarsha to become product nation in major capacity again
Hi Mukesh! Amazing shareout. May i request if we can have books recommendations from guests so that we can go deeper in the subject.
बहुत ही अच्छा लगा प्लीज इसी तरह के और पॉडकास्ट की जरूरत है।
Great video
Very interesting
It would be great if the conversation would have been in English
Sir your videos sound is very low please improve 🙏
Very insightful but I had to strain much to figure out and sometimes check on Google if understanding was correct as it became mostly in Hindi. Please can this series be made in English?
I turned on captions and saw that the youtube caption algorithm go bananas because they speak in english & hindi !!Maybe pick one language so it becomes predictabe
Valuable discussion
This looks great. Really wish it was in full english though...
Sir, india is already a five triillian economy,only thing pending is govt must make every shop and trade showroom accountable to sell in bill only, frame harsh laws to make everybody to make sell in bill, in india even today after gst only ten percent retail shops r doing business in bills.
That is a horrible idea. Firstly, there is no statistic that says India is a 5 trillion dollar economy.
And after that, why do you want everyone to use physical currency?
Digital currency is so helpful because it's convenient, more difficult to do illegal operations with, has helped connected many of the poor with the financial system.
Being reliant on bills is the opposite of being a modern economy.
Great session in Hindi! Love to see how he explain economics in simple terms. Hopefully you will keep continue this kind of sessions in Hindi!
Aap dono Bahut bahut Badhai ek achhe program prastut Karane ke liye. Corporate governance in India par phi program kariyega. Recent developments in PayTm and Baiyajus have put a question mark in valuations and Corporate in start ups in India .
With the current Indian policies, our economy will not grow as projected by Neelkant. We need to liberalise our SEZs a lot more like China and emulate China.
Also, it is not easy to grow like China because India has to manage growth despite China, whereas China didn't have India to stop its growth.
India must buck up dudes.
8:28
12:09
Neelkanth sir plz Bihar par bhi dhyan dijiye..
Usse kuchh nahin hoga jab tak Bihar mein grassroot level per badlaav nahin asyega.
Super, a bit of free flowing but enjoyed.
Bihar needs to do consistent real growth in double digit for a long long time 😶
😅😅😅😅😅😅😅😅😅😅😅😅😅😅
Bihar needs Gadhe ka lunn
If you are so good in this topic then please make your own video instead of repeatedly poohpoohing the content of this video.
यही समय है सही समय है
shaandar
Mukesh- podcast is good but sometimes you seem to be in a rush forcing interviewer to get to the point
If you go to Germany ,you will learn German. But even if you are born in India .You will not learn Hindi.By the way , I was born in France and live there .But still in our home we speak Hindi
Boss plz talk in Hindi. Actually, it's not that we do not understand English, but the thing is if u speak Hindi, that sets in our mind what u say.
freebies will effect the gdp growth
MR NEELkanth must not mislead..., again PPP 3rd largest isnt the point, PPP per capita is what matters. having high GDP just coz of the size of the population isn't enough
That's y we are trying to increase gdp growth.
@@intellectualendeavors7194 what u are saying is correct but we can't go keynesian way it will affect us in the long term.
Now pls don't call me hindutva facist just because i don't agree with your.
@@intellectualendeavors7194 yeah sorry brother 👍
Protosphinx ko bulao
😅😊
Please don't come up with people who are related to economic sector , We have seen enough Tughlaq reforms from their side.Please look at exchange rate with dollars, purchasing power, savings, industrial growth.Nothing will come to a country which having inflated economy,undemocratic, draconian laws.
Simply themselves not clear what message they are delivering
Then what audience will be able to understand 😅😅😅😅😅
Very funny
After this much wealth and experience this is not worth
Write it down. India is not hitting 20 Trillion Dollars before 2055. That too if we are lucky!
we are at 4 trillion dollar now we are expected to hit $5 trillion dollar by 2026, we may be 10 trillion dollar by 2035...
We will certainly be 20 trillion dollar economy by 2047
Do you know which community earns the most important the US ? . Take a guess. We have real men governing this country now.
Sir jyada se jyada hindi ka prayog kare taki pura bharat samjh sake please sir
There is an attempt to glorify the present government which is unwanted.
As for the performance of India is concerned, the real reform took shape in 1991 with MMS
The modi government has not made any economic reform which has benefited the country. Rather there has been the concentration of wealth in a few hands.
The more the government seems to be favoring oligarchs while ED and CBI and other state agencies are unleashed against the not so favorites.
The result is that high net worth individuals and true entrepreneurs are moving out of India while some of the cronies are sticking in India.
This has to change and a level playing field which is business friendly has to be created for India to progress.
India has to practice minimum government maximum governannce , reduce bureaucracy and make country favorable for entrepreneurs .Avoid any kind of favoritism to ny business houses.
The GDP is not a real measure of the national well-being. Concentration of 90% of the wealth in one percent has left the rest of the nation practically impoverished. The average per capita income could be as low as $500 for the rest of 99%.
0 in tech, -10 in science, -100 in innovation and +1000 in making babies but we are dreaming of superpower status.
South India has come down to below replacement level. It is only the states of Bihar, Uttar Pradesh, West Bengal which are +1000 in baby making.
This is the attitude that ensures backwardness.
Most of nations across world are wondering why they are not making enough babies due to which average population age has gone beyond 40 and they would enter recession due to this reason. I think you have not listened to first 10-15 minutes of this podcast.
In our country average babies has fallen below replacement level in most states. Only up, Bihar, West Bengal and Rajasthan is above replacement level.
@@techystt It's the muslims of those states that are reproducing like that
ទ្វារ
Talk more in Hindi. Don't need to be so colonized.
ຢ?? ປ😊ຟ?
Please make the entire podcast in English. The official language of India is not Hindi. I’m South Indian I don’t understand Hindi hence I had to stop watching the video.
Can you read english, if yes then you can switch on the subtitles and enjoy the podcast my brother from the Indian southern parts 😊
This is not an official government of India broadcast
@@aryatripathi6038 there’s no subs, subtitles are not automatic they have to be put in by the content creator.
@@indiasduke I didn’t write the comment for you, it’s to help him. If he wants to grow his channel he has to do it with English because it’s a language everyone in India understands. Why do you think Think school and beerbiceps have their content in English instead of Hindi?
So for you we should stop talking in our language with each other 😂😂😂 , the world don't revolve around your state bro
Indian talk about 20 Trillion economy? Talk when Indian economy is at 20 trillion
why would we need to talk about it then? you plan for the future not present. that was a pretty dumb rant.
mungeri laal ke obscene sapne
This is pathetic. Mukesh asks a simple question - what is GDP, how is it measured and who measures it. Neelkanth takes 20 minutes to not answer it! If you don't believe this show it to any literate person who is not a graduate of economics and check if the person is any wiser after seeing the first 20 minutes. Neelkanth is much better at talking about things he is familiar with. For the rest he sounds like senior IAS officers who may be graduates in history or sociology and talk about technical issues in economics! And we are now threatened with an episode on the impact of Geo politics on Indian economy!
I disagree. Neelkanth is not taking an undergraduate class on economics. He is talking from his experience and hence meanders from the topic a bit. If someone wants to understand economic concepts in depth, they should look up other videos that explicitly mention that they are teaching the basics.
Government must focus on infrastructure India can easy surpass all devoloped countrys, once infrastructure devoloped. India has geographical advantage, and demographic devidend.
Totaly useless. Simply cannot understand what they are saying what flow of communication 😅😅 I tried hard to continue till last after 20 minutes I can not tolerate #nikhilkamath #podcast what a clarity @nitinkamath @nikhilkamat #youtube