First reduce the taxes, cut down on freebies, rationalise the salaries paid to govt employees, make health care free , take care of the old and handicapped, make others work for food, cut down corruption.
Good New Policies are hard to be implemented in overpopulated countries especially when it's a plutocratic inside but democratic country outside for namesake. Corporate needs consumers to get rich & Selfish politicians need a lot of stupid & brain washed voters to be in power. They are like the fishermen & commoners are like dumb fishes in the sea.
If you are looking for a car, then you are probably well off than 99% of the country. Govt/RBI should focus on needs of rest 99% indians more and that is controlling inflation. Car owners should be continued to be taxed to promote both use of public transit and lower traffic and pollution. So sit back and chill for a bit. You can buy your car soon. No hurry.
Only the top 10% people are getting more rich & are able to afford many things in the market not the 90 % commoners that's why everyone is feeling lost. The government is allowing corporations to sell their products & services for inflated prices & these companies even doing tax evasions. It's obvious commoners are screwed in this game.
if GDP is growing it's not a bubble. In the past decade Indian GDP grew by 55%. At the same time period, inflation-adjusted GNI per capita(income per capita) grew from 77,370 to 122,766, which is about 58%. So, Indians income grew better than GDP, although by a small margin. All data from Wikipedia
Gdp is 5.4 and gst collection increased by 12%. Where do people have money to spend. Government sucking blood like leech in the form of gst, CESS, surcharge, income tax etc.
Well GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many cases like food and other essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only want to control the narrative without actual resultz
@@suryanshsagar2677 now when you change the base from 2011 to 2022 😂 Govt is so desperate these days that they are just trying to inflate their stats because paw paw has made us vishwaguru
@@anty2105dude seriously? The GDP growth is slowest in 2 years and Modi before 2014 made a huge noise about the GDP growth rate at that time which was still better than todays rate
even i agree, nothing has been changed in this fastest growing economy. Middle class getting exploited with taxes like 35% direct income tax, GST, tax on insurance,health,school. But no services from Government. Its exploitation of salaried middle class money.
Self proclaimed leader of the world is working more then 100 hours a week to destroy Indian economy. Horrible roads. Pollution Poor health care Retirement is a crime in India Taxes are high but 0 returns Meanwhile FM is fast asleep.
I agree and it's unfortunate. GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10%. Govt only wants to control the narrative without actual results. Our spend on education is not even 5% and countries with 99% literacy rate spend over 10% on education and research. I think educating people is considered suicidal in politics cox then they will start asking questions(applies to both BJP and congress) . Not to forget the new direct tax code which will just kill the middle class and the investors.
We think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only wants to control the narrative without actual results
@@arjunsavanur7242It is not really doing great. GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many cases like food and other essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only want to control the narrative without actual results. Plus not to forget the new direct tax code that is about to come. Already we have raised 25% tax on ltcg now after this investors won't have any money left. The taxation is crazy here
The India economy just collapsed. India has the fastest collapsing economy in the world. GDP collapses, rupee collapses, inflation is sky high, but palki says the Chinese economy is collapsing. 😂😂😂😂😂
India economy collapse 😂 that's something new kidd0. Fastest growing economy is still india & will remain. Although Chinese economy may collapse becoz of upcoming tariffs impose by US might some sanction too but not India's economy... Don't live in delusion kidd0 😂
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chinese economy might face challenges due to upcoming US tariffs and possible sanctions, but not India's economy. Don't live in delusion, kiddo.
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chinese economy might face challenges due to upcoming US tariffs and possible sanctions, but not India's economy. Don't live in delusional kidd0😂😂
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chiinees economy might face challenges due to upcoming US tarifs and possible sancti0ns, but not India's economy. So Don't live in delusional, kidd0 😂.
Do you even know what collapse feels like? 6.2% inflation is high but NOT way above the target because RBI tries to maintain inflation between 4-6%. You wanna know what's high inflation? 8.35% in 2008, 10.9% in 2009, 12% in 2010, 8.91% in 2011, 9.48% in 2012, 10.2% in 2013 and 6.67% in 2014 and it has gone down ever since. Don't believe me? Check the World Bank data! FYI GDP has most certainly not collapse, it has grown by 5.2% less than the targeted 7% but that is most definitely not what collapse means! So jokes on you dear
But India's inflation is mostly caused by costly petrol, which is imported, and food inflation which is due to broken supply chain in agriculture. Lowering interest rates helps create growth too. But US interest rates are high, and if India's interest rates are lowered, then capital flight will happen, and rupee will fall more, and petrol will become costly. Ultimately, America is the reason.
@rajx7120 We are overpopulated it's obvious we need more imports than other countries. Unlike china we are not exporting or dumping goods in other countries which is major disadvantage for us. China is still a developing country for namesake because import taxes for developing countries are less compared to developed countries.
@@Ingenius-thinker India has avg trade deficit of 140 billion dollars. Now, a lot of electricity is wasted in agriculture and also lot of farm produce is wasted in the pathetic supply chain. Then we import a lot of pulses too, that could be grown locally. Agricultural waste, instead of burning could be used to make biogas to substitute natural gas. Electric cooking and using the gas to generate electricity, would improve energy efficiency. People are wasting lot of money on coaching for govt job. And fewer cities is causing high housing prices. If we save all this wastage, then we cover the trade deficit and GDP will also grow.
US dollar is going down in value not the Indian Rupee. The ongoing inflation in the US for the last several years has reduced the purchasing power of dollar. And this inflation is now imported to India and other countries. The US has borrowed $32 Trillion dollars and severe debt. 1USD = Rs 85.00 - 2023 0.95USD = Rs 85.00 - 2024 So 1 USD = Rs 89.00 - Future This trend is going to continue in the future. The US is quickly losing it's shine. Don;t blame the finance ministry in haste.
@@Viragi7 if RBI does not cut rates, economy will face what is called a soft landing. Demand for debt driven inflation, like demand for second or third house, demand for new car, demand for gadgets bought on EMIs, credit card shopping etc will slow down, money supply will reduce in the market and inflation will cool down. After that has happens RBI should reduce rates. One more thing, RBI cannot control is what RBI cannot measure correctly. Education inflation, health care inflation is easily 10% in India. But is not reflected correctly. Food inflation is not considering the price of fast food, which Indian middle class is consuming. I categorize this as "upper middle class" inflation. Inflation in price of KFC, Haldiram, 4 bhk flats, cars above 10 lakh, large flat screen Tvs, private good quality school, max or appolo hospital treatment all this is easily easily above 10% inflation. Lowering interest rates now will push it even higher as this class of people have access to credit.
@@atherzaidi5871 well whatever u said is right.but its very clear the inflation is happened only in food items. so these interest rates wont help. food inflation will get better in coming 3 months.so interest rates cut wont effect on inflation.bcoz this is purely food inflation which will go down in 2 to 3months
@@jayakishore565 friend, you noticed no inflation in last year in price of property, jewelry, car, education? Find out the recipts of any shoe, jeans etc you bought last year, go to the same shop and buy similar one, I bet you will notice 10% inflation . Government is lying when they say only food inflation is there. Inflation is easily 10%, you need 10% more money this year to do same shopping as last year. Take a simple item like shampoo, toothpaste and compare the price.
Palki thinks she is expert in economics than a RBI governor! When you reduce interest rate , people spending increases and that will increase demand and supply mismatch- again the inflation increases, this is the basis of the economics.
0:50 - Let's see bro how long it stays that way. It's just a trailer. 4 years ago I said told that this growth won't be forever and they attacked me in the comments for that.
India should NOT cut interest rates until Consumer Price Inflation is well below 4% per year. The Americans and Europeans are likely to stop cutting interest rates immediately too because they are bankrupt and global investors are very reluctant to lend them money now.
No the bottleneck is education and lack of opportunity. Only those people have good education whose parents were able to send them to a good school. My father was a teacher, he sent me to a very good school, this decided like 80% of my life. If he was poor and I had gone to a government school or shitty small private school, life would have been a disaster. We Indians are looking for shortcuts to superpower status. There are no shortcuts. There is no way India will reach first world standards while schools for poor kids look like they are in Bangladesh or Congo.
before 2014 elections cruid oil price around 105 dollars per barrel. and petrol around 72 rupps per litter Now in 2024 cruid oil price around 77 dollars per barrel. India got cheaper Russian oil and yet petrol around 104 rupps per litter Mudi sarkar ki Jai
Stop unnecessary taxes give people air to breathe. Many Indians are giving up Indian citizenship because of taxes if these all leave GDP will grow ..Think about it you will have to run a scheme desh waapis aao Pardesi...I pray decision makers grow in wisdom and do good for the country..I love india and I am concerned what is happening. GOD BLESS .....
@sab946 That's because rich people have become more rich by looting commoners & importing luxurious normal & sports cars from other countries. Mahindra company has to do innovations to attract those rich customers & prevent them from buying from foreign car companies 😅
There's nothing to worry about. India is still the fastest growing economy along with the largest youth population in the world. China on the other hand is collapsing both economically and demographically.
We should decrease our imports first and try to more self-dependent. As we could try to solve our financial problems by exporting more and importing less
India's artificially high growth was the result of: 1)domestic consumption, which is now declining due low household savings rate. At just 5.1% presently, the lowest in 50 years 😂😂😂😂 2) Gov't deficit spending, which is driving up India's national debt. India today has to allocate 33% of its union budget to pay the interest. Expected to surpass 50% by 2027 if current spending patterns continue 😂😂😂😂
Modi Godimedia was using his mouthpiece Palkee selling to all you minions into thinking FDI is an all time high for India and the rupee just can't fail. Bahkts in the comment section is hilarious. This has NOTHING to do with interest rates and taxes, and they do not help you determined how strong your currency is.
But didn't the RBI governor Shaktikanta Das say that the rupee has emerged as "one of the least volatile currencies" worldwide, particularly since the start of 2023. "The rupee has remained very stable against the US dollar and the volatility index." Everything is optical Illusion in India. No wonder he Disillusioned Indians.
Good initiative from Phalki, in fact you have to do this from before because it's always good to alert the government so that they take corrective measure. Instead you alert the Chinese government every now and then with the hope that their economy will collapse.
Palko: wrong gdp prediction is not the problem 😂 powerful Bhakti making a fool out of poor bhakts.. RBI hai k Mahashay di hatti (MDH)... fudging numbers for Saheb
GDP will go up again - Victory has 1000 fathers defeat has 1000 kibitzers -- Jeff Greenfield The road to success is always under construction - Lily Tamin
Shakti kanta Das was admitted in hospital some days back 😢, probably he knew that the 7.2 GDP will be haunting once the myth is shattered. Please don't worry him more.
No one talks about the exhorbidan expenditure the govt does, e.g Every alternate days the three CM of Maharashtra go to Delhi and that too in separate planes, along with their chamchas and secretary. 😢😢😢 Who pays for this Modi does Nautanki of staying in the Airport.😂😂😂
In reality and when calculated correctly, GDP growth is around 3%. India is obsessed about GDP and China. China is a $ 18 Trillion economy, lest we forget.
Goyal is a Buisnessman. Will not keep money in Banks, poor middle class keeps it, so interest matters to them, when everyday expenses have become difficult for them.
China enjoyed 40 years of uninterrupted economic growth, averaging 9.9% annually, in an era of globalisation and free trade 😂😂😂😂 India can hardly achieve 6% or more growth in a highly inconsistent manner 😂😂😂😂
Don’t blame the government, the FM who make policies and set goals rather blame the officials who follow their masters. Someone should be made as a scapegoat.
China MandirOmeter bana chuka hai jo Aliexpress par kharida jasakta hai. 90% accuracy ke saath. Ek banda jo parliament me kaam karta hai lejakar test kiya aur pata chala parliament ke neeche kai bhagvano ke mandir hain.
Banks have been increasing MCLR too! To me RBI is doing well to contain economic downturn but government policies are giving hard time to RBI. To sum up, government has incompetent FM.
Remove Nirmala Reduce Income tax Reduce crazy vehicle tax and levy uniform get Wait for 6 months, you can see India rising.... Everyone except the finance minister knows this 😂😂
RBI is headed by a person who has no knowledge of economy. He is a History postgradute. He acts on the advice of NITI Ayog, full of ecomists borrowed from US, who just copy economic books and policies of US. US is a imperialist debt ridden country with highest inequality. US is not India. India is socially, economically, politically totally different. Result is visible, India will remain a third world country for ever, with a few billionaires fulfilling the demands of a few politicians and ruling elites.
Lowering interest rates at the present moment isn’t good. It raises inflation and weakens currency much further and thus further triggering inflation due to oil getting more costlier to buy! 5.1% gdp growth is very decent compared to 1-2.5% growths registered by countries like US and Canada. RBI governor is doing the right thing imo!
Its very simple now, this govt or any govt will talk about India bring the biggest economy soon, but it will be at the cost of the Indian middle class like us who will keep pumping taxes to allow the govt to please their vote banks always. Its becoming a curse to live in this country now.
Dropping interest rates to stimulate growth is how the Western economies got in the mess they are in now. Fact is, if you're not producing things other nations want to consume, then your position is always weak. Also, I think more people are in debt these days. If they default, then banks will crash.
First remove Sitaraman FM
Sitaraman best f m and shaktikanata best rbi governor.
@@paragshah3680agya itcell
@@paragshah3680 💩
Sitaraman is just the face, she is not responsible for all tnings - the members of parliament decide the budget and she just speaks it out
Well said!
First reduce the taxes, cut down on freebies, rationalise the salaries paid to govt employees, make health care free , take care of the old and handicapped, make others work for food, cut down corruption.
Excellent suggestions. Please voice it
Good New Policies are hard to be implemented in overpopulated countries especially when it's a plutocratic inside but democratic country outside for namesake.
Corporate needs consumers to get rich & Selfish politicians need a lot of stupid & brain washed voters to be in power.
They are like the fishermen & commoners are like dumb fishes in the sea.
Very good suggestion but this is just a dream because in reality this will never happen
Lower the car taxes, I can't even afford a car. What fastest growing economy? Nothing had changed with this fast growing economy.
Man already there is jam everywhere when only 10% of population owns cars.
Not cars, pulic transport and cycling are the best ways to get around a city/town
If you are looking for a car, then you are probably well off than 99% of the country. Govt/RBI should focus on needs of rest 99% indians more and that is controlling inflation. Car owners should be continued to be taxed to promote both use of public transit and lower traffic and pollution. So sit back and chill for a bit. You can buy your car soon. No hurry.
Car is a luxury.. not for common man.. that's what the government thinks..😂
You should not. We already have too much traffic.
When the GDP goes good, we give credit to the PM and when it is not doing good then we will blame the Reserve Bank?
Somebody has to take the fall 😂 Thus RBI.
The entire indian economy feels like a massive bubble these days, gdp is growing, but the common persons situation seem to be getting worse
It's called fake growth. the BIGGEST scam country.
Only the top 10% people are getting more rich & are able to afford many things in the market not the 90 % commoners that's why everyone is feeling lost.
The government is allowing corporations to sell their products & services for inflated prices & these companies even doing tax evasions. It's obvious commoners are screwed in this game.
Country economy growth = top capitalist wealth growth
if GDP is growing it's not a bubble. In the past decade Indian GDP grew by 55%. At the same time period, inflation-adjusted GNI per capita(income per capita) grew from 77,370 to 122,766, which is about 58%. So, Indians income grew better than GDP, although by a small margin. All data from Wikipedia
Gdp is 5.4 and gst collection increased by 12%. Where do people have money to spend. Government sucking blood like leech in the form of gst, CESS, surcharge, income tax etc.
Need the money to buy outdated weapons for the Yanks.
toll plazas
Ohh your economics😢
Well GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many cases like food and other essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only want to control the narrative without actual resultz
@@mihirbanagar1616
Inflation rate is annual ,qauter or monthly?
Great GDP high … Modi jii thankyou. GDP low .. sack RBI Governor 😂😢😅
Ye fakiri hai
Bhai GDP grow kar rhi hai but thoda slow ho gya hai
Bhai thoda nai, 2 saal me slowest growth hai....@@suryanshsagar2677
@@suryanshsagar2677 now when you change the base from 2011 to 2022 😂
Govt is so desperate these days that they are just trying to inflate their stats because paw paw has made us vishwaguru
THANK YOU NIRMALA FOR THIS ACHE DIN.
What was the uneducated tea seller doing? 😂
@@soup_boisbetter than bar services
@@anty2105dude seriously? The GDP growth is slowest in 2 years and Modi before 2014 made a huge noise about the GDP growth rate at that time which was still better than todays rate
Entire credit goes to our great madam(FM) and modiji
Rupee hits all time low as your journalism.
even i agree, nothing has been changed in this fastest growing economy. Middle class getting exploited with taxes like 35% direct income tax, GST, tax on insurance,health,school. But no services from Government. Its exploitation of salaried middle class money.
35% ??? in which country?? upto 1 lakh salary you have only 15% tax.thats what i heard
Clown. If you paying 35% tax then you are privileged guy not middle class.
Too much Tax, Direct or indirect, above a amount it is 30 percent .
@@vandanakarnik8296 no its not.give examples.so that we will get enlighten.where is 30%
Self proclaimed leader of the world is working more then 100 hours a week to destroy Indian economy.
Horrible roads.
Pollution
Poor health care
Retirement is a crime in India
Taxes are high but 0 returns
Meanwhile FM is fast asleep.
I agree and it's unfortunate. GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10%. Govt only wants to control the narrative without actual results. Our spend on education is not even 5% and countries with 99% literacy rate spend over 10% on education and research. I think educating people is considered suicidal in politics cox then they will start asking questions(applies to both BJP and congress) . Not to forget the new direct tax code which will just kill the middle class and the investors.
Fastest growing economy my a$$
We think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only wants to control the narrative without actual results
😂😂😂
😂😂
I remember the same woman telling us last week that India's economy is doing better than China is collapsing then what happened
When some women speak it sounds like a crow cawing.
It is still doing better. Check the inflow of FDI once
@@arjunsavanur7242It is not really doing great. GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many cases like food and other essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only want to control the narrative without actual results. Plus not to forget the new direct tax code that is about to come. Already we have raised 25% tax on ltcg now after this investors won't have any money left. The taxation is crazy here
@@arjunsavanur7242 check where the FDI comes from?
Palki is a propagandist. She will raise voice against her masters.
The India economy just collapsed. India has the fastest collapsing economy in the world. GDP collapses, rupee collapses, inflation is sky high, but palki says the Chinese economy is collapsing. 😂😂😂😂😂
India economy collapse 😂 that's something new kidd0.
Fastest growing economy is still india & will remain. Although Chinese economy may collapse becoz of upcoming tariffs impose by US might some sanction too but not India's economy... Don't live in delusion kidd0 😂
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chinese economy might face challenges due to upcoming US tariffs and possible sanctions, but not India's economy. Don't live in delusion, kiddo.
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chinese economy might face challenges due to upcoming US tariffs and possible sanctions, but not India's economy. Don't live in delusional kidd0😂😂
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chiinees economy might face challenges due to upcoming US tarifs and possible sancti0ns, but not India's economy. So Don't live in delusional, kidd0 😂.
Do you even know what collapse feels like? 6.2% inflation is high but NOT way above the target because RBI tries to maintain inflation between 4-6%. You wanna know what's high inflation? 8.35% in 2008, 10.9% in 2009, 12% in 2010, 8.91% in 2011, 9.48% in 2012, 10.2% in 2013 and 6.67% in 2014 and it has gone down ever since. Don't believe me? Check the World Bank data!
FYI GDP has most certainly not collapse, it has grown by 5.2% less than the targeted 7% but that is most definitely not what collapse means! So jokes on you dear
Union Ministers must think about cutting taxes, let the RBI governor do his job !
Lowering interest rates will raise inflation... 😂😂
Economics 101.
If inflation and growth get affected then they have to cut tax nobody ask that to government 😢😮
But India's inflation is mostly caused by costly petrol, which is imported, and food inflation which is due to broken supply chain in agriculture.
Lowering interest rates helps create growth too. But US interest rates are high, and if India's interest rates are lowered, then capital flight will happen, and rupee will fall more, and petrol will become costly.
Ultimately, America is the reason.
@rajx7120 We are overpopulated it's obvious we need more imports than other countries. Unlike china we are not exporting or dumping goods in other countries which is major disadvantage for us.
China is still a developing country for namesake because import taxes for developing countries are less compared to developed countries.
@@Ingenius-thinker India has avg trade deficit of 140 billion dollars.
Now, a lot of electricity is wasted in agriculture and also lot of farm produce is wasted in the pathetic supply chain.
Then we import a lot of pulses too, that could be grown locally. Agricultural waste, instead of burning could be used to make biogas to substitute natural gas. Electric cooking and using the gas to generate electricity, would improve energy efficiency. People are wasting lot of money on coaching for govt job. And fewer cities is causing high housing prices.
If we save all this wastage, then we cover the trade deficit and GDP will also grow.
1 dollar is 84.70 rupees. soon it will be nearing 90 rupees.
Soon it will surpass 100
That’s why rate cut shouldn’t be done if inflation is stil high
US dollar is going down in value not the Indian Rupee. The ongoing inflation in the US for the last several years has reduced the purchasing power of dollar. And this inflation is now imported to India and other countries. The US has borrowed $32 Trillion dollars and severe debt.
1USD = Rs 85.00 - 2023
0.95USD = Rs 85.00 - 2024
So
1 USD = Rs 89.00 - Future
This trend is going to continue in the future. The US is quickly losing it's shine. Don;t blame the finance ministry in haste.
100 BRO - Republic Day Celebration. With trump in office..
dude in last 2 months even china rmb has moved from 7 to 7.28.which is 4% increase.please understand economics before commenting like this
Thanks to Modi and FM.
RBI shouldn't budge to politicians. Cutting rates will lead to inflation!! That's beginner level economics
That would be ideal. But nothing in India is done ideally.
@@atherzaidi5871 well ans me one thing,what happens when we don't cut rates, if you are chief economist 🤦
@@Viragi7 if RBI does not cut rates, economy will face what is called a soft landing. Demand for debt driven inflation, like demand for second or third house, demand for new car, demand for gadgets bought on EMIs, credit card shopping etc will slow down, money supply will reduce in the market and inflation will cool down. After that has happens RBI should reduce rates. One more thing, RBI cannot control is what RBI cannot measure correctly. Education inflation, health care inflation is easily 10% in India. But is not reflected correctly. Food inflation is not considering the price of fast food, which Indian middle class is consuming. I categorize this as "upper middle class" inflation. Inflation in price of KFC, Haldiram, 4 bhk flats, cars above 10 lakh, large flat screen Tvs, private good quality school, max or appolo hospital treatment all this is easily easily above 10% inflation. Lowering interest rates now will push it even higher as this class of people have access to credit.
@@atherzaidi5871 well whatever u said is right.but its very clear the inflation is happened only in food items. so these interest rates wont help. food inflation will get better in coming 3 months.so interest rates cut wont effect on inflation.bcoz this is purely food inflation which will go down in 2 to 3months
@@jayakishore565 friend, you noticed no inflation in last year in price of property, jewelry, car, education? Find out the recipts of any shoe, jeans etc you bought last year, go to the same shop and buy similar one, I bet you will notice 10% inflation . Government is lying when they say only food inflation is there. Inflation is easily 10%, you need 10% more money this year to do same shopping as last year. Take a simple item like shampoo, toothpaste and compare the price.
Palki thinks she is expert in economics than a RBI governor! When you reduce interest rate , people spending increases and that will increase demand and supply mismatch- again the inflation increases, this is the basis of the economics.
Will they remove finance minister from her position?
Tariffs incoming... 😂
0:50 - Let's see bro how long it stays that way. It's just a trailer. 4 years ago I said told that this growth won't be forever and they attacked me in the comments for that.
India is always tell lies. And palki always spread that lies. Lol 😂😂😂
LAMO 😂😂
@@LifewithHannah124 do not tell your name. 😂😂😂
Isn't this also told by Palki?
Relax this is only for this particular quarter and it is because of the elections.
So according to firstpost the blame is on shakthikantha das😂
India should NOT cut interest rates until Consumer Price Inflation is well below 4% per year. The Americans and Europeans are likely to stop cutting interest rates immediately too because they are bankrupt and global investors are very reluctant to lend them money now.
She is like at least we are using UPI. 😂
😂😂😂 One can hide the truth but cannot bury it
I think economic efficiency is the major bottle neck for India's GDP growth
No the bottleneck is education and lack of opportunity. Only those people have good education whose parents were able to send them to a good school. My father was a teacher, he sent me to a very good school, this decided like 80% of my life. If he was poor and I had gone to a government school or shitty small private school, life would have been a disaster. We Indians are looking for shortcuts to superpower status. There are no shortcuts. There is no way India will reach first world standards while schools for poor kids look like they are in Bangladesh or Congo.
How low can you go? Feel sorry for Russians stuck with all those oil rupees. But India is still shining. 🌟😂😂😂
Replace finance minister at first place. Reduce taxes.
Remove FM first. 30 %
of my income goes as taxes with no return
before 2014 elections
cruid oil price around 105 dollars per barrel.
and petrol around 72 rupps per litter
Now
in 2024 cruid oil price around 77 dollars per barrel. India got cheaper Russian oil
and yet petrol around 104 rupps per litter
Mudi sarkar ki Jai
Stop unnecessary taxes give people air to breathe. Many Indians are giving up Indian citizenship because of taxes if these all leave GDP will grow ..Think about it you will have to run a scheme desh waapis aao Pardesi...I pray decision makers grow in wisdom and do good for the country..I love india and I am concerned what is happening. GOD BLESS .....
Palki cooked, cooked and cooked. At the end, busted. Just silently watch her, you will laugh at her stories.
RBI should not cut rates if it fits , they should keep their independence & objectivity.
But we have vishwaguru who works 18 hours and genius finance minister and lazer eye MEA still no economic growth
Shakti kant Dass did commendably well in his entire tenure.GOi surely extend the tenure.
Backdoor minister happily increase taxes 😂😂😂
im working in mahindra dealership this year our car sale fall 40% last 6 month were the lowest
Man, this is sad what is going on. The common man is getting poorer and pooper everyday, and the prices are soaring.
Nobody buy 50% tax rate cars
@sab946 That's because rich people have become more rich by looting commoners & importing luxurious normal & sports cars from other countries.
Mahindra company has to do innovations to attract those rich customers & prevent them from buying from foreign car companies 😅
There's nothing to worry about. India is still the fastest growing economy along with the largest youth population in the world. China on the other hand is collapsing both economically and demographically.
We should decrease our imports first and try to more self-dependent. As we could try to solve our financial problems by exporting more and importing less
Nirmala Tai is the reason for all this
Throw Nirmala out. She doesn't work, only Babus work.
India's artificially high growth was the result of:
1)domestic consumption, which is now declining due low household savings rate. At just 5.1% presently, the lowest in 50 years 😂😂😂😂
2) Gov't deficit spending, which is driving up India's national debt. India today has to allocate 33% of its union budget to pay the interest. Expected to surpass 50% by 2027 if current spending patterns continue 😂😂😂😂
Lol China's bogus claims are all false. It's actually 3.7%.. India's GDP is is 5.5% only for this quater because of Election
We don't need care about high prices we need to build more temple's.
Modi Godimedia was using his mouthpiece Palkee selling to all you minions into thinking FDI is an all time high for India and the rupee just can't fail. Bahkts in the comment section is hilarious. This has NOTHING to do with interest rates and taxes, and they do not help you determined how strong your currency is.
But didn't the RBI governor Shaktikanta Das say that the rupee has emerged as "one of the least volatile currencies" worldwide, particularly since the start of 2023. "The rupee has remained very stable against the US dollar and the volatility index."
Everything is optical Illusion in India.
No wonder he Disillusioned Indians.
Power of pickle maami…won’t stop until collapsing our economy…
Good initiative from Phalki, in fact you have to do this from before because it's always good to alert the government so that they take corrective measure. Instead you alert the Chinese government every now and then with the hope that their economy will collapse.
India is shining
BJP :
ECONOMY K.NEECHEY MANDIR HAI 😂😂😂😂
The RBI policy can't do anything better. The problem is the wrong monetary system.
Palko: wrong gdp prediction is not the problem 😂 powerful Bhakti making a fool out of poor bhakts.. RBI hai k Mahashay di hatti (MDH)... fudging numbers for Saheb
India will be superpower sarr
GDP will go up again -
Victory has 1000 fathers defeat has 1000 kibitzers -- Jeff Greenfield
The road to success is always under construction - Lily Tamin
Shakti kanta Das was admitted in hospital some days back 😢, probably he knew that the 7.2 GDP will be haunting once the myth is shattered. Please don't worry him more.
No one talks about the exhorbidan expenditure the govt does, e.g Every alternate days the three CM of Maharashtra go to Delhi and that too in separate planes, along with their chamchas and secretary. 😢😢😢
Who pays for this
Modi does Nautanki of staying in the Airport.😂😂😂
All Time Low is a good band btw
Gujarati Mafia screwed up 😂😂😂..... 😂
In reality and when calculated correctly, GDP growth is around 3%. India is obsessed about GDP and China. China is a $ 18 Trillion economy, lest we forget.
The policies of the government is hurting the economy....
The govt is responsible not the governor of RBI
All thanks to Nirmala Tai
Goyal is a Buisnessman. Will not keep money in Banks, poor middle class keeps it, so interest matters to them, when everyday expenses have become difficult for them.
RBI's remit is to curb inflation. Politicians job is to get re-elected.
Thank you NON BIOLOGICAL MODIJI 😊
Food minimum price is the culprit for draining GDP and value
Government putting their responsibility of development on RBI😂
Cutting interest rate should get the Indian local market going
China enjoyed 40 years of uninterrupted economic growth, averaging 9.9% annually, in an era of globalisation and free trade 😂😂😂😂 India can hardly achieve 6% or more growth in a highly inconsistent manner 😂😂😂😂
How much u get paid 😂
India Shining...😂😂😂😂😂😂 yeah, those Toilets shining😂😂😂
Don’t blame the government, the FM who make policies and set goals rather blame the officials who follow their masters. Someone should be made as a scapegoat.
China MandirOmeter bana chuka hai jo Aliexpress par kharida jasakta hai. 90% accuracy ke saath. Ek banda jo parliament me kaam karta hai lejakar test kiya aur pata chala parliament ke neeche kai bhagvano ke mandir hain.
FM should resign. Shame…!!!!
👎👎 Cheers to the Finance Minister and the RBI Governor! Just wait, one day they'll be boasting about hitting Rs 100 per dollar.
Banks have been increasing MCLR too! To me RBI is doing well to contain economic downturn but government policies are giving hard time to RBI. To sum up, government has incompetent FM.
enough of natak.. please fix the economy.. there's a lot of price hike.. and middle class is suffering..
True godi media, low GDP means less jobs. It is failure of government. Financial minister should resign
Why I need to spend just to feed companies
If journalists like you, who cozy up to those in power, had done your job properly, perhaps the condition of the country wouldn't have been like this!
Ja hindi superpooper 2025!!! ~Pojeet
India has the fastest growth rate of GDP among the major economies, so there's no need to worry.
Remove Nirmala
Reduce Income tax
Reduce crazy vehicle tax and levy uniform get
Wait for 6 months, you can see India rising.... Everyone except the finance minister knows this 😂😂
Fastest growing economic but poorest people live in india😅
RBI is headed by a person who has no knowledge of economy. He is a History postgradute. He acts on the advice of NITI Ayog, full of ecomists borrowed from US, who just copy economic books and policies of US. US is a imperialist debt ridden country with highest inequality. US is not India. India is socially, economically, politically totally different. Result is visible, India will remain a third world country for ever, with a few billionaires fulfilling the demands of a few politicians and ruling elites.
Lowering interest rates at the present moment isn’t good. It raises inflation and weakens currency much further and thus further triggering inflation due to oil getting more costlier to buy! 5.1% gdp growth is very decent compared to 1-2.5% growths registered by countries like US and Canada.
RBI governor is doing the right thing imo!
Its very simple now, this govt or any govt will talk about India bring the biggest economy soon, but it will be at the cost of the Indian middle class like us who will keep pumping taxes to allow the govt to please their vote banks always. Its becoming a curse to live in this country now.
India is failing, finally Palki is noticing it. 😂
didn't everyone claim India economy will be booming like made in 2024? what happened?
Send him to PMO ,he is better for pm
Central government should keep their nose out of monetary policy. Instead implement good plans. You already lost Raguram Rajan...
Bubble has burst...
Body only makes claims that the Indian economy is growing there is no ground reality to it
Modi ji ne kaha tha ki jis desh ka rupaye girta hai us desh ka prime minister gira hua hota hai.
Dropping interest rates to stimulate growth is how the Western economies got in the mess they are in now. Fact is, if you're not producing things other nations want to consume, then your position is always weak. Also, I think more people are in debt these days. If they default, then banks will crash.
Great, splendid
Putin’s war hurts!
Instead of taking action against adani, they are going after RBI governor 😂😂😂
Fools
It's all bcz of the our beloved FM NirmaLa seTarAmAn...she gonna destroy Indian middle class for sure....thank u modi ji...
Interest rate cut also means lower interest on FDR, which means lower investment in FDR in bank, then how banks can loan?
Inflation rate is 6.21% and GDP growth rate 5.4%. So the real GDP growth is actually negative. Do your math before calling it growth.