Kellogg India Business Conference: Public Policy Panel

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  • Опубликовано: 23 авг 2024
  • Kellogg India Business Conference
    Featuring Raghuram Rajan, Former Governor of the Reserve Bank of India, Krishnamurthy Subramanian, Former Chief Economic Advisor to Gov’t of India

Комментарии • 423

  • @Jusamazingdentist
    @Jusamazingdentist 3 месяца назад +138

    According to Raghuram Rajan, no one is better than him in managing the Indian economy than he.
    His views are politically biased.
    From fragile 5 to Top 5 is a great achievement for any economy.

    • @rajesnatarajan3132
      @rajesnatarajan3132 3 месяца назад +1

      ❤❤❤👏🌹💞💐

    • @aminaabdulla5854
      @aminaabdulla5854 3 месяца назад +4

      Mr. Rajan has screwed the Indian economy so bad that it was one of the worst five economies in 2013 in the world, now he is talkig as if he turned around. It is Modijis team which includes Subramanyam part which turned around the Indian economy.

    • @masalacontroller
      @masalacontroller 3 месяца назад +1

      2011, india was 3rd largest economy, get ur facts right, don't be a bhakt, raghuram worked under modi govt too

    • @Shrik2407
      @Shrik2407 3 месяца назад +1

      @@masalacontroller India was third largest economy in 2011, but that’s based on purchasing power parity…. But we were still only in 9th rank when it comes for GDP…. And now we are at 5th…. The problem is every index measures some aspect and we lose the details and just take the title alone.

    • @masalacontroller
      @masalacontroller 3 месяца назад

      @@Shrik2407 well we can't ignore gdp per capita though, no where being close to vishwaguru. India needs to grow and india will grow but our politicians need to stop fooling ppl with indices

  • @indiastoplist
    @indiastoplist 3 месяца назад +97

    Raghuram Rajan is blown away by Subramanian.

  • @Jusamazingdentist
    @Jusamazingdentist 3 месяца назад +54

    Last 12min was great. Kudos Krishnamurthy

  • @kuldeepdubey3336
    @kuldeepdubey3336 3 месяца назад +81

    He is a shame as a RBI governor. For your knowledge middle class are buying cars more. In my society 1.5 year back, there was a lot of space for parking. In just 1.5 years it’s completely full.

    • @willypro344
      @willypro344 3 месяца назад

      this is stupidity u live in a city a developing one that too, ur already in the top 10% of india's population by owning a car what abt the next 60% what about their development you are embarassing yourself by calling him a shame you give such a irrelevant example to prove he is wrong when you dont know anything about the country yourself i'm 15 and i know more adults these days where do i even begin ☕

    • @instantsleep2534
      @instantsleep2534 2 месяца назад

      😂 stupid just consider his thought

  • @PiyushSharma-pq9uo
    @PiyushSharma-pq9uo 3 месяца назад +50

    Raghuram Rajan is that old guy who is afraid of touching the laptop to see the actual data

  • @justcurious40
    @justcurious40 3 месяца назад +65

    Raghuram Rajan should understand that being an Economist is different from being a political consultant. If you try to be a political consultant to a party like Congress then you are no longer an objective Economist.

  • @rahulhello
    @rahulhello 3 месяца назад +56

    Raghuram gives convenient independent interviews but when it comes to debate like this he is totally floored

    • @willypro344
      @willypro344 3 месяца назад +2

      is he floored just because he's not biased towards the bjp like you are??

    • @rahulhello
      @rahulhello 3 месяца назад +2

      @@willypro344 Certainly, you must also consider Mr. Dimon, the CEO of JP Morgan as biased towards BJP :-)

  • @jagadishkumaar2255
    @jagadishkumaar2255 3 месяца назад +53

    RRR is a spokesman of the Congress

    • @willypro344
      @willypro344 3 месяца назад +1

      just like how subu is a spokesman of the congress

  • @user-nj9xk7tw1s
    @user-nj9xk7tw1s 3 месяца назад +80

    Absolutely shocking to see Raghuram Rajan turn out to be such a Liar, a man of no integrity ... !! ... He openly acknowledged in the past that he has allegiance to the Congress party at personal and also at family level, walked along with Rahul Gandhi in his recent Yarta ... and now telling the Kellog crowed that he is apolitical, and only an academic ... ??!!

    • @u8036
      @u8036 3 месяца назад +3

      I think members there are smart and polite enough to know the backgrounds. One personal directly called him the opposition

    • @SV-wu2my
      @SV-wu2my 3 месяца назад

      ​@u8036 He does campaign for Rahul Gandhi , Congress. Usually, Governors or Judges or public figures like election commission head remain independent and unbiased. But RRR created a bad name for himself.

    • @RajKiran-nx4kr
      @RajKiran-nx4kr 3 месяца назад +1

      We can no longer accept RRR just has difference of opinion. He is just a hateful individual.

    • @samyvik2888
      @samyvik2888 3 месяца назад +1

      @@RajKiran-nx4kr his claims that BJP doesn't give Karan Thapar interviews are debatable. Has Karan or Ravish interviewed Rahul or Sonia or Priyanka (ever??). There are many who don't care to be in his interviews - he is just not that important or even attract the right audience.

    • @qf8822
      @qf8822 3 месяца назад

      Hyprocrat 😂

  • @myelsamyb
    @myelsamyb 3 месяца назад +15

    Rajan says democracy is under threat where Manmohan Singh dismissed 11 governments while Zero under NDA. Leaving it to the audience

    • @rakshithmr8168
      @rakshithmr8168 9 дней назад

      NDA usurped governments without dismissing them.

  • @pranavsharda9902
    @pranavsharda9902 3 месяца назад +14

    Kudos to arvind subramaniam!! All substance and hard facts.
    Thats how economists should be.

  • @PiyushSharma-pq9uo
    @PiyushSharma-pq9uo 3 месяца назад +20

    Excellent Stuff prof Subramanian

  • @rameshpillai9963
    @rameshpillai9963 3 месяца назад +62

    Raghuram Rajan assumes that that the present govt was handed over a country at level 5 , but that's not correct. It inherited a country at level 1. Modi can't skip step 3'4'. Despite all of it , this Govt is creating a foundation for the future by investing in chips, digital infrastructure along with physical infrastructure like roads etc.

    • @siddu7549
      @siddu7549 3 месяца назад +4

      So true bro, I also doubt his advise about education. I don't disagree that we need to improve our education. but this idea that that we should bulid more IIT's at the expense of promoting manufacturing is very wrong. He mentioned that we are getting into chip manufacturing of legacy nodes. Many automobiles, defense equipment etc requires legacy nodes and not 2nm or 4nm chips. How are we going to build such advance chips without even starting from legacy nodes which still have so many uses. I feel like Raghuram Rajan has sold his soul to USA. which means, we should focus on educating a few our clever kids in IIT's and they work for NVIDIA or Intel in India which are American companies and they register patents designed by our engineers or or look to move to USA and look for jobs there. we should absolutely be dependent on US and other countries for technologies like this and live at their mercy while the Chinese threaten us at our borders. we should not have have no manufacturing capacity with regards to chips. This is the mindset that has kept India backward so many decades. I am so glad that this guy has been removed from RBI.

    • @aminaabdulla5854
      @aminaabdulla5854 3 месяца назад +1

      Mr. Rajan has screwed the Indian economy so bad that it was one of the worst five economies in 2013, now he is talkig as if he turned around. It is Modijis team which includes Subramanyam part which turned around the Indian economy.

    • @prateek29c
      @prateek29c 3 месяца назад +1

      ​@siddu7549 We have to start from somewhere. China has also started building their own CPUs and GPUs and they are nowhere near Intel/AMD/Nvidia but they have started taking baby steps and on the right path. Creating a chip from scratch or acquiring latest nodes is a mammoth task and even USA is aware of it and has poured billions of dollars in Intel for them to do atleast compete with TSMC or be better as we all know there is high chance of china pulling their hands towards Taiwan. We also need to start from somewhere and create infra so that companies like Intel/TSMC can come and invest in India as well.

    • @Shrik2407
      @Shrik2407 3 месяца назад +1

      @@siddu7549Well said… It is a problem with that mindset that Raghuram Rajan and the likes have gotten imbibed in to. He is oblivious to the fact that he has so deeply sold his soul to the USA. That’s what makes him think like the way he does and yet extremely convinced that it is the way to go…. I mean, security guards in cities better than promoting agriculture… I was wishing that he would rather say that we increase usage of technology and frugal engineering in agriculture, but I blame myself for expecting such things from him ☹️… Does he really think the security guards in Bangalore send their kids to schools providing superior quality education?! I only wonder, how come Raghuram Rajan gets so much respect and attention. That’s the sad state of the lack of indigenous thinking within us.

    • @siddu7549
      @siddu7549 3 месяца назад +1

      @@Shrik2407 it's the same mindset of UPA 1. during peak globalization while china was surging ahead with manufacturing, congress was busy doing corruption and and not carrying out any reforms that promote manufacturing, instead they were busy rolling out out mnrega like schemes where labour used to dig pits all day and used to be paid some 80 rupees at the end of the day. that was the economic model we were following, while china used it's labour force and built up a massive industrial base and now we are stuck catching up. People like him should not be allowed to enter into this country. i donno how these people get into such positions and talk like this.

  • @joyoftube
    @joyoftube 3 месяца назад +12

    Rajan should be economical with his political advise rather than being political with his economic advise!

  • @sundaramspeaks
    @sundaramspeaks 3 месяца назад +36

    Raghuram Rajan made India as Fragile 5 during his tenure as RBI governor. Does he have an answer on why it happened?
    btw, Mr Rajan talks about freedom of speech but count the number of times he interrupted Mr.Subramanian while he is speaking.

    • @varunkhugshal9049
      @varunkhugshal9049 3 месяца назад +4

      😂😂 freedom of speech = freedom to disrupt

    • @willypro344
      @willypro344 3 месяца назад

      you cant solely blame india being in the fragile 5 due to raguram rajan he's the rbi governer not the finance advisor not the finance ministry its pitiful when ur makin claims like these

  • @Ranjith_37
    @Ranjith_37 3 месяца назад +27

    The Politician in Raghu has dominated rather than Economist inside him.. 😅😂

  • @omsumit
    @omsumit 3 месяца назад +22

    Rajan should come in front and join the Congress party. He will sound more credible than now

  • @ananthkrishna2338
    @ananthkrishna2338 3 месяца назад +5

    Subramanian has been excellent. MMS dismissed 12 regional governments and not a single word on decline in DEMOCRACY!

  • @nikhile9607
    @nikhile9607 3 месяца назад +17

    Raghuram rajan is not the opposition but he rubs his shoulders and root for the opposition and corrupt every other day

  • @123XTSK
    @123XTSK 3 месяца назад +13

    one reveals himself -inner personality-only when he speaks about himself before an enlightened audience.Raghu has fallen in my scale of esteem which was high..

  • @gayathrinaidu9735
    @gayathrinaidu9735 3 месяца назад +30

    Why is that Raul Vinci s kothadimai so frustrated and his fingers, palm never left his forehead most of the time 😂😂😂

  • @arunachaleswaran
    @arunachaleswaran 3 месяца назад +13

    RRR is the worst governor in Indias history .. Thankfully Modiji got rid of him

  • @VIKASHKUMAR-ch1qp
    @VIKASHKUMAR-ch1qp 3 месяца назад +24

    Frustrated man Raghuram Rajan

  • @AarthiKarthik
    @AarthiKarthik 3 месяца назад +16

    I cannot believe an Ex-RBI governor does not understand the importance of semiconductor mftring, which is the leading force powering tech revolution all over the world for some time now. Manufacturing will also promote the service sector growth around it.

  • @iXpress
    @iXpress 3 месяца назад +12

    Raghuram Rajan gave massive inflation of 12%. Like Manmohan Singh, he also was a Flop Economist

    • @danCK1990
      @danCK1990 2 месяца назад +2

      Wah... Bakwas bole toh aisa

    • @siuoppl
      @siuoppl Месяц назад

      Please check your facts - inflation came down from 9.5% at the start of his tenure to 5.3% by the end

    • @ragul3204
      @ragul3204 22 дня назад

      He is the one who brought down the inflation.

    • @ragul3204
      @ragul3204 22 дня назад

      ​@@siuoppl Andhbhakt can't take facts. They are only loyal to their masters.

    • @ashutoshpandeyz4508
      @ashutoshpandeyz4508 5 дней назад +1

      Actually real inflation master was Manmohan singh

  • @gurunathan3943
    @gurunathan3943 3 месяца назад +11

    Why do Rajan sitting like 'Injithinnakurangu'

    • @gayathrinaidu9735
      @gayathrinaidu9735 3 месяца назад

      Cos that's what he is😊

    • @SV-wu2my
      @SV-wu2my 3 месяца назад +1

      He is shame character. He is sitting uncomfortable when Subramanyam presented many facts.

  • @nabadutta6572
    @nabadutta6572 3 месяца назад +7

    Raghu ram rajan said he is commenting as an academic here but if that is the case then why did he join rahul gandhi's pada jatra? And he also showed great concern over manipur and i being from north east know it very well what has been the approach of central government towards north east since independence. But in the last 10 years the centre is paying more importance to north east. But it was an interesting podcast to hear two different views. Thanks 🙏

  • @shanmugasuntharamsankarali8108
    @shanmugasuntharamsankarali8108 3 месяца назад +28

    Looks like RRR had terrible head ache listening to his mentee. His hand is always on his forehead.

    • @aarem2880
      @aarem2880 3 месяца назад +4

      Exactly! He could not bear the other person being knowledgeable and hence had a headache 😂

  • @jayasarma5830
    @jayasarma5830 3 месяца назад +5

    Dr Subramanian shows he is a straightforward academician by drawing data from internationally accepted sources. Rajan’s assertion that he is an academic rings hollow. He is not objective in his observations; it looks like he has scores to settle. Rajan’s body language was unprofessional throughout and his condescending comments directed at Dr. Subramanian showed his immaturity. It is clear that the student has surpassed the teacher!

  • @rajeshhariharan7575
    @rajeshhariharan7575 3 месяца назад +6

    Raghuram Rajan... .. Feel ashamed that I had once admired this guy..

  • @SuperVivek88
    @SuperVivek88 3 месяца назад +4

    Such a fantastic debate . It was nice to see 2 knowledgeable economists share insights .

  • @RahulU242
    @RahulU242 3 месяца назад +27

    He got hurt for not reappointed as RBI governor hence making bad propaganda and giving disreputable comments/interviews against his own country in international level. He forgets that Economy does not always goes as per book.

  • @venkatramangopalakrishnan1989
    @venkatramangopalakrishnan1989 3 месяца назад +6

    I would really appreciate Dr Rajan to understand the reality and at least encourage Modi ji to continue the good things of current Government for its goal of 2047 vision.

  • @rijudatta18
    @rijudatta18 3 месяца назад +152

    Raghuram Rajan is the worst RBI Governor tht we ever had! Kudos to Subramanian for exposing the propaganda!

    • @mswarncal1
      @mswarncal1 3 месяца назад +7

      No he is not. Rajan did a great service to India when he forced banks to reveal the bad loans on their books when he was RBI governor. Until then banks were hiding those loans and resorting to evergreening of loans (giving out more loans to large defaulters to pay back old loans). After what Rajan did, the whole process of cleaning up the balance sheets of banks started. Also Rajan's views of unreliable economic growth numbers, India's unemployment problem, poor education quality are correct.

    • @gayathrinaidu9735
      @gayathrinaidu9735 3 месяца назад +15

      @@mswarncal1 if he really did the revealing of BAD LOANS....why did he and his party give more and more bad loans to the daylight dacoit....mallayyaa. really why???😳😳😳

    • @mswarncal1
      @mswarncal1 3 месяца назад +2

      @@gayathrinaidu9735 firstly he doesn't belong to any party. He is an academician not a politician. Secondly, the bad loans problem happened because of the reckless lending by banks during 2006-08. Rajan had no role in this.

    • @gayathrinaidu9735
      @gayathrinaidu9735 3 месяца назад +9

      @@mswarncal1 🤣🤣🤣 you just contradicted your own moot point....thanks.
      And by the way...that guy WAS an academician...not anymore. Now he is just a Raul Vinci kothadimai

    • @mswarncal1
      @mswarncal1 3 месяца назад +2

      @@gayathrinaidu9735 no I didn't contradict my point. I think you should do a basic course in economics to understand Rajan's arguments. Till then, stay away from any economic discussion or debate.

  • @Mr.Nobody.1001
    @Mr.Nobody.1001 3 месяца назад +5

    Educated in British Raj's affiliated universities woke American mindset!
    God knows why they made him RBI Governer, worked for USA in Background!

    • @SV-wu2my
      @SV-wu2my 3 месяца назад +2

      That was Congress to fulfill their selfish ends. They are known for it. Put a figure head and party manages the rest.

  • @user-mo9uy3zk1b
    @user-mo9uy3zk1b 3 месяца назад +14

    RR ,how come you are an economist......because of you i started voting for BJP.Earlier i was voting for Cong...you guys are destroying cong and we are going to see cong.mukth bharath in on 4th Jun..kudos to you

    • @myronp5764
      @myronp5764 2 месяца назад +1

      Congress mukt bharat didn't happen tho

  • @rameshpillai9963
    @rameshpillai9963 3 месяца назад +6

    If Vikram Sarabhai had not kick started space programs how ever humble way back in the 50s , would we be having ISRO and DRDOs today with the top notch Space programs? Unfortunately his foresight has a lot of shortcomings , and I am glad he has more American followers than Indians.

  • @brjorthocentre
    @brjorthocentre 3 месяца назад +11

    Raghu was forced to look at the roof top😅

  • @selvarajvel
    @selvarajvel День назад +1

    India is an unique country unlike any other country and also the challenges
    1. Need to feed 150+ billion people. This itself is a huge problem to solve. Has our govt and agri universities addressed the productivity issues ? No
    2. We are definitely improving on infrastructure but long way to go
    3. Energy and power generation - good improvement but price has to come down
    4. Digital infrastructure, startups - world class. India can leapfrog from here
    5.coruuption and parallel govt run politicians and bureaucracy- unimaginable scale
    6. Law and judiciary - way below the expectation
    But above all human capital and people desire to grow can supercede all the obstacles.
    Minimum government and maximum governance using technology is the way forward.

  • @shankarvk922
    @shankarvk922 3 месяца назад +2

    Wages of both agri, hotels, construction have gone up by 2.5 times, over the last 6 years. The daily wage rates are minimum 1200 to 1500 rupees per day

  • @basantchoubey5137
    @basantchoubey5137 3 месяца назад +3

    Mr Subramanyam is Awesome, explained the details fluently.. seems someone really worked hard and got good result.. Mr Raghu is a great economist but he missed an opportunity to lead country in a very difficult time.. Team which led Indian finance was new but they did wonderful.. New leaders are real good..

  • @shekar9237
    @shekar9237 3 месяца назад +8

    He got hurt by subramanian Swamy.and he has to now compulsorily criticize modi...but may be he now has a friend in Swamy because Swamy is also doing that only these days😅

  • @vaishakh3
    @vaishakh3 3 месяца назад +8

    See whatever Modi is doing to democracy as Raghu claims, it goes back to the argument of a strong state vs weak state , i.e centripetal and centrifugal forces of power.
    In 2013 when Congress was in power , and Raghu was RBI governor, they had lent a lot of crony lendings which all formed NPA's later on leading to banking crisis.
    So Mr Modi said he will offer a strong state , instead of a weak coalition state where the power isn't centralised leading to corruption and inefficiencies.
    The people bought that idea. Therefore it's the people who felt the need for a strong state and now you can't blame Modi.
    What people ask for, they get it

    • @siddu7549
      @siddu7549 3 месяца назад +2

      So true bro, I also doubt his advise about education. I don't disagree that we need to improve our education. but this idea that that we should bulid more IIT's at the expense of promoting manufacturing is very wrong. He mentioned that we are getting into chip manufacturing of legacy nodes. Many automobiles, defense equipment etc requires legacy nodes and not 2nm or 4nm chips. How are we going to build such advance chips without even starting from legacy nodes which still have so many uses. I feel like Raghuram Rajan has sold his soul to USA. which means, we should focus on educating a few our clever kids in IIT's and they work for NVIDIA or Intel in India which are American companies and they register patents designed by our engineers or or look to move to USA and look for jobs there. we should absolutely be dependent on US and other countries for technologies like this and live at their mercy while the Chinese threaten us at our borders. we should not have have no manufacturing capacity with regards to chips. This is the mindset that has kept India backward so many decades. I am so glad that this guy has been removed from RBI.

    • @rajx7120
      @rajx7120 3 месяца назад

      Before RBI governor, he was the Chief Economic Advisor. Crony lending started at that time.

  • @apchengalath4078
    @apchengalath4078 3 месяца назад +2

    Great listening to Subdramanian who was part of the team who steered the country through the financial crisis through the covid and thereafter.
    Noted RRR was finding the talk a little painful because he did not have much to contribute technically.
    The difference between the two persons is RRR is a pessimist while Subramanian is positive and not the Modi basher.

  • @mahanarasimhan1867
    @mahanarasimhan1867 3 месяца назад +7

    We are the poorest country?? What is Raghuram Rajan saying?

    • @rameshpudhucode6862
      @rameshpudhucode6862 3 месяца назад +1

      Within g20. On per capita basis.

    • @jagadishkumaar2255
      @jagadishkumaar2255 3 месяца назад

      Yes Rajan is very poor. That's why he has been paid for demeaning India.

  • @omsumit
    @omsumit 3 месяца назад +4

    The question is who can solve the problems of India? Rahul Gandhi or Modi. That answers the democracy question Rajan

  • @ashoks5317
    @ashoks5317 3 месяца назад +3

    Raghu Ram Rajan is a example of how a spineless a person could be in a position of RBI governor who was blind to all that nonsense going around. This country doesn't need Phd/,IIT MBA in economics to run the country but common sense in a person

  • @venkatramangopalakrishnan1989
    @venkatramangopalakrishnan1989 3 месяца назад +7

    De Rajan. Please come out of congress ideology if you have any serious attachment to India. That will be the great contributions even God would bless you for that. Be as perspective as Dr Arvaind Subramanian.

  • @sudhakarmurthy8526
    @sudhakarmurthy8526 3 месяца назад +3

    👏👏👏
    Lovely debate... well done, Subu! It wasn't easy to defend actions/views when criticism flows, especially from a senior academician who was a guide and a mentor in the past. Criticism is good but should be constructive criticism where one can agree to pick up some of the shortcomings and improve the future course of actions for larger benefit of the human beings... here for all of us The Indians!
    In parts Raghuram Rajan did appreciate but very reluctantly... I can probably guess why & understand the reasons!
    He should have acknowledged the fact that 'every one manufacturing job creates 3 service level jobs' ... the point Prof Subu was trying to bring forth instead of harping on only growth in service level jobs! Secondly, India & Indians did benefit from liberalisation in terms of opening up the economy and increasing service level jobs but what we didn’t do was to substitute the imports by subsidising and encouraging manufacturing in subsequent years which was a grave mistake... the present government has done that exactly by starting the 'atma nirbhar bharat' project. The self dependency... the import substitution was an absolute necessity for India by increasing start-ups and manufacturing for the intended growth!
    However, I am really proud of Prof Subu, who handled the pressure very well with facts and figures in front of him.
    It wasn't about scoring points, but it was very much to do with putting forth rational & practical perspectives in order to uplift a huge country of 1.4b people in this era of uncertainties!!!
    I am proud to be an Indian of this India Growth Story!!!
    Cheers 🎉

  • @Alex-wx9sd
    @Alex-wx9sd 3 месяца назад +6

    Kudos to Subu for coming well prepared with his cherry picked data. Rajan pointed and questioned a few times regarding how he is portraying his data but i guess he stopped after a while as he did not want to turn this into a public squabble. Rajan better thought there is no point in sinking to his level. Subu is not even trying to hide how biased he is.
    Again excellent exam preparation by Subu with all his small handwritten notes in all his pockets

  • @Believeinhuman
    @Believeinhuman 3 месяца назад +7

    Great discussion with facts!! Hope this help people judge on facts and not on perceptions!!

  • @davidsarkar6108
    @davidsarkar6108 3 месяца назад +2

    Subramaniyam is on fire with facts❤❤❤❤❤

  • @dominicdmello7531
    @dominicdmello7531 Месяц назад +1

    Never heard of MSME getting loans during Covid. Even today MSME have not recovered, and being the largest contributor to employment resulted in the unemployment figures today

  • @venuopaliyer4024
    @venuopaliyer4024 3 месяца назад +3

    Raguram Rajan has shown his affiliation to a political party. His arrogance was there to see. He got it back from Subramanyam. Well done Subramanyam

  • @basantchoubey5137
    @basantchoubey5137 3 месяца назад +3

    Great discussion..

  • @ramameenakshisundaram4132
    @ramameenakshisundaram4132 3 месяца назад +3

    I’m not sure what Rajarajan is trying to say in his international interview. He mentioned that people are moving into the service sector, particularly security jobs, to support their children’s education. He also compared this to the manufacturing sector. In my opinion, small-scale manufacturing businesses producing standardized products could create more job opportunities if circumstances allow. However, it’s unclear if the same can be said for the growth of security jobs so called urban cities, even with referrals.

  • @krishnakumarsubramaniam5312
    @krishnakumarsubramaniam5312 3 месяца назад +3

    Did Karan thapar or Ravish criticised the previous Govts like they do th current Govt? Are they neutral? Did Govt remove them? Mr.Rajdeep is the best critic of this govt. Is he not expressing views in the Channels? Is he unemployed? Ridiculous points by Shri Raguram Rajan! What will he say about the corruption in various state govts? I completely disagree the political comments he made and he picks the points of blame only of this govt.

  • @jagank7812
    @jagank7812 3 месяца назад +1

    The sheere arrogance with which Dr. Rajan approached this entire conversation and sort of disassociating himself is testimony to what he is made of.
    He can keep propagating his theories and we’d be more than happy to prove him wrong

  • @python_lover_01
    @python_lover_01 Месяц назад +1

    We all should be allowed to question each and everyone fullstop.

  • @sureshjayaraman2187
    @sureshjayaraman2187 3 месяца назад +4

    @Mr. Raghu & @Mr. Subramaniam, both of you spoke about unemployment. As a person, in market I feel, the current younger generation is of unemployable by the way of their character and enthusiasm. They unemployable at all. If you need proof, please check withany major companies HR and department heads like, design, production, planning, quality control, metallurgy, etc. The need of the hour is change the education system. Otherwise, indian young minds will become useless soon...

  • @uzwalkumarchatterjee7074
    @uzwalkumarchatterjee7074 День назад

    Excellent video. Excellent perspectives. Keeping biases and political affiliations out, it's important for us Indians to participate and navigate our country forward in the most balanced way as possible. It's not easy, but of we can't do it when all the tailwinds are in our favor, we will probably never get this Amritkal back again. Let's hope every Indian mind works to compliment the horoscopic advantageous era that we seem to be currently blessed with. JAI HIND!

  • @SV-wu2my
    @SV-wu2my 3 месяца назад +3

    RRR talks out of air. Subramanyam talks with facts. RRR carries in his head he is great. During RRR inflation was much higher and India was termed a fragile 5 in Feb 2014. Now in 10 years India has become top 5, which includes covid period in which India far better than RRR prediction that India was doomed. RRR was appointed person by PC on his post, not independent he claimed himself to be. Worst RBI Governor India ever had.

  • @TheMith1990
    @TheMith1990 3 месяца назад +2

    Why camera is not on subramanian?

  • @nandakumarkrishnapillai3126
    @nandakumarkrishnapillai3126 3 месяца назад +2

    Sir, we have no respect to Raghu Ram Rajan. His politics is anti India

  • @gopsmorgan1706
    @gopsmorgan1706 3 месяца назад +2

    When he says, he got the scholarship, so no doubt, he has to bark for.

  • @shastrix
    @shastrix 3 месяца назад +1

    One very interesting thing about Raghu is the length of his hands: like an ājānubāhu
    Couldn't understand why the camera was focusing on Raghu when Krish Subramanian was speaking; weird
    Really liked the funda of Krish of working from first principles, just like Elon Musk, born the same year (1971)

  • @vigneshwarp3462
    @vigneshwarp3462 3 месяца назад +1

    What is the point of investing in universities if you don't have industries? Ship the engineers abroad ?

  • @Vb99bh
    @Vb99bh 3 месяца назад +4

    There is enough proof to prosecute Raghu in RBI . Gold import scheme he must have good

  • @ushamenon6975
    @ushamenon6975 3 месяца назад +1

    the object of these debates is how to make necessary changes for growth

  • @nn11067
    @nn11067 29 дней назад

    K.V. Subramanium.. great counters .. Made his points without getting aggressive unlike the other side 🔥🔥🔥

  • @pratibhasoni1
    @pratibhasoni1 3 месяца назад

    Excellent data points by Prof. Subramanian. With learned Nationalist like him guiding the governments, India will definitely transition to being a developed economy in coming times.

  • @msomayya2828
    @msomayya2828 3 месяца назад +7

    Ragu you are behaving like a crook

    • @gayathrinaidu9735
      @gayathrinaidu9735 3 месяца назад

      No no no...😕.so sad...he is not a crook....he is just a perpetual slave of the ner-who s🤣

  • @ushamenon6975
    @ushamenon6975 3 месяца назад +1

    debates like this is a welcome change...we need to pay attn to the education centre and definately the health of the youth ic crucial

  • @harin76
    @harin76 3 месяца назад +2

    So according to Raghuram Rajan, agrarian economy cannot grow fast! Now, whow us asking India for rice and wheat? It is a shame that this person was our RBI Governor!

  • @myinspiration5928
    @myinspiration5928 3 месяца назад +2

    The two gentlemen are intellectuals in their own right but they are conservative south indians who will not cross the lakshman rekha as they respect the position of the person to whom they are or were reporting. They need to protect their family over their over ambition on professional career to antogonise any politician past or present. It is the bitter truth and factual

  • @satish7919
    @satish7919 3 месяца назад +1

    It's fun to hear both and add arvind subramanian it would be more fun😅😅

  • @bosebose21
    @bosebose21 3 месяца назад

    Both sides make valid arguments. We should learn from both sides and apply both. Rather than applying one or the other. India should rise. Not left or right. Whole India should rise.

  • @prabhakarkrishnaswami4148
    @prabhakarkrishnaswami4148 3 месяца назад +1

    It's okay to have contrarian view points. The debate was lively and useful.

  • @ramaswamimanoharan4272
    @ramaswamimanoharan4272 3 месяца назад +1

    The disciple subramaniam has excelled his mentor RR

  • @srt2228
    @srt2228 3 месяца назад +2

    Dr. RRR, an economist talking stories and philosophies instead of numbers. Dr. KMS talks irrefutable numbers - First principles at play.

  • @apchengalath4078
    @apchengalath4078 3 месяца назад +1

    RRR appears he is envious of Subu for having got an IMF job while RRR has been struggling in an University assignment. Further RRR has been appointed to serve some vested group to beat down India story.
    Subu talks with data which I am sure would convince more qualified people rather than the heavily biased general comments made by RRR.
    Finally this discussion must have interested those who wish to invest for the nxt two decades.

  • @aarem2880
    @aarem2880 3 месяца назад +11

    When k.s was introducing the camera man was sleeping.....he never bothered to show the person talking

    • @gayathrinaidu9735
      @gayathrinaidu9735 3 месяца назад +2

      Glad at least you commented about this🙏

    • @SV-wu2my
      @SV-wu2my 3 месяца назад

      True. The camera man thought this only RRR show.

  • @rohanilame7236
    @rohanilame7236 2 месяца назад

    I loved how raghuram rajan was sitting when others r speaking.

  • @ravikumar-pi7fo
    @ravikumar-pi7fo 3 месяца назад +9

    Congress agent vs Indian Economist 🤣🤣

  • @Nbs2025
    @Nbs2025 3 месяца назад +2

    He his doing his bit to help his friend, R.Gandi with so many youtube appearances yhese days... !!!!

  • @Vb99bh
    @Vb99bh 3 месяца назад +3

    Raghuram Rajan may be total communist , may be working against India s interest, may working American state interest. May be CIA, when he was RBI governor his action a destroyed small median scale industry. My company of 60 cr rupee has closed down because very high interest regime pushed . That period almost 2 lakh companies closed all small. He helped many big business get away without timely action. He allowed some gold importers wind fall gain just before election. His actions and intentions are suspect. I ma not economist . Me 30 years business career says he has ulterior motives

    • @siddu7549
      @siddu7549 3 месяца назад

      So true bro, I also doubt his advise about education. I don't disagree that we need to improve our education. but this idea that that we should bulid more IIT's at the expense of promoting manufacturing is very wrong. He mentioned that we are getting into chip manufacturing of legacy nodes. Many automobiles, defense equipment etc requires legacy nodes and not 2nm or 4nm chips. How are we going to build such advance chips without even starting from legacy nodes which still have so many uses. I feel like Raghuram Rajan has sold his soul to USA. which means, we should focus on educating a few our clever kids in IIT's and they work for NVIDIA or Intel in India which are American companies and they register patents designed by our engineers or or look to move to USA and look for jobs there. we should absolutely be dependent on US and other countries for technologies like this and live at their mercy while the Chinese threaten us at our borders. we should not have have no manufacturing capacity with regards to chips. This is the mindset that has kept India backward so many decades. I am so glad that this guy has been removed from RBI.

  • @Apurva-rp8lw
    @Apurva-rp8lw 3 месяца назад +1

    so according to RRR you need spend more to invest in human resources but not to invest in manufacturing so they will continue at larger scale going out to some other countries

  • @Spr-no9oy
    @Spr-no9oy 3 месяца назад +2

    Raghuram rajan is very sly, intellectually very dishonest, and absolutely arrogant. Mr subramaniam comes.across as the more.earnest and sincere.one, not playing to.the gallaries

  • @ramameenakshisundaram4132
    @ramameenakshisundaram4132 3 месяца назад +1

    Hey Media!, when Subramaniyan starts speaking, why don’t you point your camera at his face? What kind of diplomacy is this?

  • @greymatterwithrakeshmahapa4755
    @greymatterwithrakeshmahapa4755 3 месяца назад +1

    Though do not stand by entirely with Dr Rajan, nutrition, education, basic law and order certainly should be pegged at the top of policy making. These are the building blocks of any nation. The growth rate of 10% should be a non-compromised goal to lift the country out of poverty. His comments on manufacturing though in different context, proliferation of manufacturing facilities should be seen from the sustainability standpoint and cost benefit including environment cost. His comments on self reliance measures of the government like PLI, chip manufacturing initiative does not find resonance. Dr. Subramaniam is the aspiring face of new India. Unless we are optimistic about India, we cannot grow on a diffident note.

  • @anishnagaraj
    @anishnagaraj 3 месяца назад +1

    Rajan needs training in the acting school too. His body language shows it all. He isn’t able hide

  • @amarjitmishra9708
    @amarjitmishra9708 3 месяца назад

    Fantastic discussion with lead economists. While we have done well in view of difficult global conditions, as rightly pointed out by Dr Raghuram Rajan, we need to take care of fundamental needs of our country which are in the field of education and enabling infrastructure.

  • @naveenjayapal2331
    @naveenjayapal2331 3 месяца назад +1

    Funny that raguram rajan questions other panelists as appointee of present day Indian government…without mentioning he was kicked out by the same government for trying to halt progress by hiking interest rates to seriously high level which would not allow any growth

  • @MultiSri12345
    @MultiSri12345 3 месяца назад +2

    This guy Raghu ram rajan is insulting all the institutions just to make an irrelevant point.

  • @HealingWithOm
    @HealingWithOm 3 месяца назад +2

    Has Raghuram lost his mind when he is talking about fastest growing service sector job is of security guards. It was good that Narendra Modi got rid of him at the first available opportunity.

  • @mausumihalder2232
    @mausumihalder2232 3 месяца назад +3

    Insightful talk by Raghuram Rajan,so inspiring 🙏

  • @MayankBharadwaja
    @MayankBharadwaja 3 месяца назад +1

    Raghu Sir is God on earth......

  • @10sumani
    @10sumani 3 месяца назад +2

    This person, Raghuram Rajan - so much of negativity...!
    Did nothing during his terms...Talks so much...
    When countered with points, he shifts the focus... Growth focussed first.. When given an answer, he shifts to Universities...
    All the PAST PROBLEMS created during 60 years, put the blame on the present Government... Stooge of Congress...!

  • @vraman54
    @vraman54 3 месяца назад +1

    Optimist vs pessimist a person who says pot is half full and a person telling half empty biased person

  • @agrawal.akash9702
    @agrawal.akash9702 2 месяца назад

    the "robert frost" at the end. hilarious.