‘It is likely that India will be at just 6.5% growth next year as well’, says Economist Ajit Ranade

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  • Опубликовано: 15 янв 2025

Комментарии • 48

  • @nuranichandra2177
    @nuranichandra2177 2 часа назад +9

    So basically poverty will grow overwhelmingly and stunt the development of India.

  • @VijayPatil-tz3cr
    @VijayPatil-tz3cr 2 часа назад +5

    When billionaires keep asking people to work more hours and they have stopped hiring new people for the past 5 years. The finance minister will keep raising taxes so how would the middle class spend? Hence the slowdown in economic growth. People are working 15 hours and they are living hand to mouth only. Billionaires are getting Rich, richer and richest day by day. Narayan Murthy's daughter received 100+crores in dividends only.😂

  • @k2712m
    @k2712m Час назад +2

    This growth rate refers to organised sector. If you consider deceleration of unorganised sector the total GDP growth will be near about 2%.

    • @atherzaidi5871
      @atherzaidi5871 13 минут назад

      But u need to see a lot of growth in unorganized sector also gets unrecorded to the two things even out

  • @xxyz2023
    @xxyz2023 3 часа назад +7

    India's manufacturing sector is struggling, with a growth rate averaging lower than the targeted. The sector's share of GDP has decreased, and employment has fallen.
    Fdi has decreased. Private investments peaked at 27.5 per cent of GDP in 2007-08 since the economic liberalisation of 1991. At present, India is attracting fewer investments. Investments are going to Vietnam & Mexico.
    India's progress depends on it's ability to adapt & evolve. Rigid thinking about the past & violence will prevent economic growth. They should also concentrate on increasing demand & private consumption.
    Govt should be improving business environment & ease, simplifying policies, reducing overregulation, & the industry has to invest & upgrade in skills & training in state educational institutes.
    For manufacturing to improve in India, govt should focus on increasing demand, private consumption, and supporting medium & small businesses, which create many jobs.
    Instead of union govt blaming farmers, for India's manufacturing, just because they are farmers & there are no job option except farming today.
    Highest unemployment is in Bihar, Haryana & Rajasthan. In India, those with only Class 10 & 12 education, have high employment rates, but some receive no pay. Also India has the highest deleting in the world.

    • @aquilahmed716
      @aquilahmed716 3 часа назад

      Once, FDI had peaked at $77 billion, but the official target has now been scaled down to just $26 billion. Meanwhile, Vietnam, with $22 billion in FDI, has set an ambitious target of $50 billion. This reflects the reality of a rapidly growing economy.

    • @suvosingho-pp9xf
      @suvosingho-pp9xf 2 часа назад

      ​@@aquilahmed716what are u smok ing India's fdi rise to all time high to 43 billion in January to September period

    • @suvosingho-pp9xf
      @suvosingho-pp9xf 2 часа назад +1

      ​​@@aquilahmed716konsa shuk rha hai bhai india fdi increase to 43 billion in January to September almost 47% increase from py

    • @Apache1970
      @Apache1970 2 часа назад

      Somebody came to power promising "minimum government maximum governance". 😂
      If you look at different GST rates on popcorn, 2 wheelers & 4 wheelers, elimination of gold loan subsidy, educational loan subsidy, housing loan subsidy, highest GST slab charged on rent and 18% GST charged on health insurance, it is all clear where the priority is for this government. Crony capitalism at its peak.

    • @xxyz2023
      @xxyz2023 Час назад +1

      Gross FDI seems like significant increase, however, Net FDI, which accounts for inflows minus outflows was actually low.

  • @kevindsz
    @kevindsz 3 часа назад +12

    So wait you’re telling me just slogans like Make In India, Vishwaguru, India being a Developed nation by 2047, etc. alone is not enough to drive growth.
    I’m shocked!

    • @adityabanerjee7145
      @adityabanerjee7145 2 часа назад +1

      Don't get too excited with one quarter's results

    • @Kingzombiemyanmar
      @Kingzombiemyanmar Час назад

      Reforms are needed both farm and manufacturing

    • @chintansurana9017
      @chintansurana9017 Час назад +1

      That’s your problem.
      Nehru ki galati is from past.
      Vishwaguru already.
      Vikasit bharat by 2047.
      Don’t ask questions about present.

  • @pardeeptandon
    @pardeeptandon 2 часа назад +4

    If we exclude the top 2 % of Indians, the remaining 98% earn less than that of African countries like Somalia and Sudan. What use is this " FASTEST GROWING LARGE ECONOMY " to a Bulk of Indians?

    • @thecomment9489
      @thecomment9489 2 часа назад

      Exactly, these types of headlines are only for that 1-2% Indians and foreign western predatory investors. The remaining 98% of the population has nothing to fell good about it.

    • @adityabanerjee7145
      @adityabanerjee7145 2 часа назад

      African countries also have a top 2%

    • @Bruh-og8rb
      @Bruh-og8rb 2 часа назад

      Why would we remove the 2%? Doesn’t make sense

    • @iknowtospeak
      @iknowtospeak Час назад

      @@Bruh-og8rbdoes make sense! Don’t talk like a foolish person. If the lower income levels of a country don’t grow, there won’t be any improvement in quality of life of the poorer sections of the society! What is the definition of a developed country on a whole? Is it only to be a 30 trillion dollar economy, and third largest in the world, or also have a proportional income in all classes of the society

  • @AnkitYadav-vz8gk
    @AnkitYadav-vz8gk 37 минут назад +1

    Freebies kill us......😢

  • @adityabanerjee7145
    @adityabanerjee7145 Час назад +1

    Remember randus it is because Modiji gave you a 9.6, 8.2 and 7 percentage growths that 6.4 look bad to you (Modi-ji has pampered you). Now don't start a Bharat Jodo yatra to complain about 6.4%

    • @balajisridhar1116
      @balajisridhar1116 8 минут назад

      9.6 after gdp fell by 23 percent
      Lower base to start

  • @earthling017
    @earthling017 16 минут назад

    When China was growing, the economy of the whole world was growing. They were the growth makers. They found out unmet needs, increased manufacturing efficiencies, and created demand by reducing the prices to such low levels that everybody could start affording stuff. Moreover the technological revolutions of the Internet and mobile phones gave a further boost. Now, we Indians must find our own growth opportunities. We have to be growth makers and not growth takers.

  • @Bruh-og8rb
    @Bruh-og8rb 2 часа назад

    For the current Government to perform like MMS era CPI inflation must go above 12% annually,

  • @neelakantpatel
    @neelakantpatel Час назад

    Wage growth will be low for quite some time because of hour huge population because there is plenty of labour supply at this point. So the only way to increase wages is for government massively increase the investment so that it absorbs a lot of labour and makes way for wage growth.

  • @DavidHurst-g5h
    @DavidHurst-g5h Час назад

    What about minimum wage

  • @Godavari322
    @Godavari322 2 часа назад

    6.5 is very good if true...

  • @neelakantpatel
    @neelakantpatel Час назад

    Results of good work come in 10 years but elections come in 5 years . This is a big constraint which China doesn't have to worry. This is a problem democracies have to solve. I think the only way to solve it is by producing high quality goods and export them in a big way but is a risky endevour because success of this strategy working depends on so many factors.

  • @Venkateshmerc
    @Venkateshmerc 29 минут назад

    Excellent analysis. Why are most people not watching these type of videos. Mainstream media attracts lot of entertainment and junk.

  • @chintansurana9017
    @chintansurana9017 Час назад

    I fear it will be below 6.5%

  • @RajuSingh-wt1my
    @RajuSingh-wt1my 2 часа назад

    Ayodha will add one lakh crore to economy ,Kumbh mela will add 2lakh crore to economy...where does this money goes??Should India build more temple and organise more mela to achieve 8% growth??

    • @SuperCanonX2
      @SuperCanonX2 2 часа назад +1

      It's just money of Indians changing hands. These things don't get much foreign tourists.

    • @adityabanerjee7145
      @adityabanerjee7145 Час назад

      @@SuperCanonX2 But it is domestic demand and consumption that drives most growth in India. If Americans can go to Disneyland, Indians can go to Kumbh

    • @chintansurana9017
      @chintansurana9017 Час назад +2

      Just watch godi media and some jokers. Then you will see growth cross 10%

    • @xxyz2023
      @xxyz2023 21 минуту назад

      US domestic tourism is enough since they already have & use US dollars in their country.
      In trade, only the US dollar is accepted international, making it necessary to get dollars when countries need to purchase things from others.
      The global economy relies totally on the US dollar. Countries have to import oil, which are priced in US dollars.
      Countries peg their currencies to the dollar, which means central banks needs to buy US dollars to stabilize their own currencies.
      Attracting international tourists is one way for other countries to earn US dollars.
      While local customers spend in rupees, these are not useful. Because what you need more US dollars.

  • @karthikckrishna
    @karthikckrishna 40 минут назад

    Jai shreeram

  • @BabaX410
    @BabaX410 2 часа назад +1

    How many way 'the print' can try to defend the govt

  • @adityabanerjee7145
    @adityabanerjee7145 2 часа назад +1

    So finally librandus believe the growth rate last year was 8.2% - every randu kept ranting the figure was bogus and bloated. Suddenly 8.2% has become the true gold standard.

  • @jusmeetsingh1907
    @jusmeetsingh1907 Час назад

    Ajit, why are you so against Oligarchic economy. These here are just excuses, it is obvious that your target are the super rich who are makkng a killing in partnership. Why are you so jealous?

  • @pradipkumarmitra7412
    @pradipkumarmitra7412 Час назад

    The only thing one can say for sure that someone has admitted that he is at war against the Indian State!!!! Will this media carry an episode on this, honestly???????

    • @chintansurana9017
      @chintansurana9017 Час назад +1

      For that media will have to show the full address and that talks about many other things which may be a but inconvenient for those with weak digestion

  • @pradipkumarmitra7412
    @pradipkumarmitra7412 Час назад

    It is as clear as daylight that the Anchor and the Interviewee are in great delights to call for doomsday in India!!!! It’s quite another thing that if that happens, the Anchor will be shown the doors first!!!!!!! That he is not yet, means the economy is rightly working!!!!!!