This is truly a gratifying statement for us as this has been the hope right from day 1. We are so glad you see it that way as well and thank you so much for tuning in! Please let us know who you'd like to see next on the channel!
I like that … Democracy is bad for India but any other system would be even much more Bad… in short as a human society we haven’t came up with any better alternatives than democracy…the issue is the cost of it.
It's a nice quote but the problem with our democracy is that we are too democratic with too many parties .. we are so secular that we have Waqf for creation of a parallel Pakistan.. we have such a complex, lethargic and expensive legal system with so many layers of legal process that's a common is scared to be honest.. We have one of the worst city municipalities in India which do the worst job with citizens convenience being the last thing on their mind..that unless these problems are solved soon more and more people will yearn for non democratic setup
29:10 The middle class are not taxed heavily. For example, if you earning around 10 lakhs (more than five times the pci of India), you will pay roughly 4 to 5 percent in income taxes. People making more than fifty lakhs a year account for seventy-six percent of India's total income tax revenue. So, the ultra-rich are 'heavily taxed' in India, and in exchange, they get bad roads, poor air quality, and so on; it is no surprise that wealthy people want to leave India.
All these problems are due to the lack of proper population control steps, all programmes and development programmes becomes useless due the increase of population growth problem which is not addressed by anybody including the economist of the West looking, west educated people.
As a matter of fact sarkari teachers are far more qualified than private school teachera because of strict qualification requirements by the government but after joining their work, kaamchori and haramkhori sets in because there is no performance related process to evaluate their performance and when every pay commission is launched everyone gets a raise. 🙄
In India poor people are not recognising that they are poor & they have to come out of it. Unless they are liberated mentally nothing can be possible in India. These 11 crores of Indians out of poor & attained affordability is due to their search of better opportunities. If 150 crores Indians think the same then no one can stop India to be number 1 in the world.
@@Rocky-pz8px that's the problem. We are so used to not having it, we don't even understand what economic freedom is. We understand only political freedom, the circus of electoral democracy. Economic freedom is a school text book idea. Please do you reading, if you don't mind
@@orunabho i know what the terminology signifies.. u re talking to someone who is already into economics and finance.. but what m asking u is, give me the specific details of ur issue from which u deciphered there is no economic freedom in India.. give me facts and not the rhetorical hearsays brother!!
Not only Kolkata but Bengal's fall started almost immediately after 1947 due to openly anti Bengal and anti East India policies of Dilli Durbar. Resources rich East India has been looted by every central government as eastern states could rarely form the government in the center. This led to policies being framed at the center which have been harming the eastern states. A string of local bad leaders who are all basically dalals of Dilli Durbar and their retrogressive populist policies have added to the woes. To reverse this, Bengal and other eastern states need complete economic and administrative autonomy from Dilli Durbar in which Bengal has traditionally has next to zero representatives. Otherwise, things will only go from bad to worse. The southern states too faced similar predicament before they formed their political parties to get their dues and to ensure that economic development of their states remain local and not at the mercy of Dilli Durbar where they too have little to no presence.
India's liberalisation is due to the pressure of world Bank, I.M.F and foreign currency defeceit . It's not a choice it's a compulsion of Narashima Rao.
True. The bad policies of our rulers result in all those crises and then as a way out some reforms are done. That's most definitely not a recipe for development.
But it required the strong will of Narsimha Rao to change there are lots of countries who go into crisis who are in deep mess but inspite of this crisises they don't change; Venezuela and Pakistan are some examples they get IMF loans but they don't change their economic system, but Narsimha Rao did had it been others I doubt we would have changed look at Modi he reversed the farm laws in the face of protest even though it was the biggest reform since 1991 even with a majority but Narsimha Rao changed our country even with a minority government.
@@Chigrikmarak3016 for your information, pakistan also follows the rules of IMF to get the required bail amount. As a PM of that time PV Narasimha Rao had to liberate the economy to survive. The economic situation was pathetic, hardly any dollar left to import.
With support from viewers like you, we hope to get to that milestone very soon! Thank you so much for your positivity and please do continue to support us!
PAN, UPI , ADHAR CARD AND GST all are gifts of one economist named dr Manmohan Singh.i mad my pan card way back in 1999.tell me single extra idea conceived in last 10 years except that they implemented all these concepts in a good way except that middle class got screwed in the process that I pay 30 percent tax and corporate give 25 percent tax.
Forget about it. Nobody talks to a milking cow and goat what they like. They are alive to feed others. You want justice try to be in the other two classes.
Thank you so much for your kind words and we enjoyed hosting Lahiri sir on the show just as much as you enjoyed listening to it! Stay tuned for further updates on a potential 2nd interview with him soon!
The middle class is not saying they are taxed more. The middle class is saying, for their hard earned money, the quality of life they get in return is poor. Middle class are crying because of “unfairness”. Nobody wants to spend their hard earned money bad quality products.
@ good quality products come from better skilled workers, not high price. Japan has excellent quality products for affordable price, that happens with educated workforce.
@@fawa.z Wrong. Skilled citizenry would need more spending on education and infrastructure, which in turn would require more spending. As I wrote, you need a Taj Mahal, be ready to spend more. Nothing comes without money. And something more would require more money.
@@TM-ym5wi yes, when the middle class doesn’t see the change in quality , they feel betrayed after having paid their taxes for infra and other projects. I myself feel sad when I see a newly tarred road damaged within a year. We dont want our money going to waste, we don’t want our money gone as corruption in the system.
Good point but also we are chasing wrong targets. That is why Chinese people are the luckiest in the world because they have the rulers who are not only meritocratic but also caring for their population. The goal should be poverty alleviation, increasing education, healthcare coverage, connecting each and every village, town, county and city with roads and railways. All that fosters economic growth and GDP targets are reached.
Historically, the geographic unification of India what we see today is a gift of the British to the Congress. Before the British rule India as a unified state existed possibly during the Maurya’s. Today, English is the language amongst young Indians and Hindi for the Bharat. It may be fashionable for the current politicians to blame the British for all of their failures, the history tells us that all the social reforms towards women’s education, Hindu widow marriage, burning of young widows etc. led by Bengali renaissance leaders were not achieved through democracy. In all the instances the British Government passed the laws recommended by a minority free thinking leaders like Vidyasagar, Ram Mohan Roy, Keshab Sen etc. History, economics and politics are a part of a system for the formation of a Nation.
Your kind words truly keep us motivated and dedicated towards putting out the best content possible... Please let us know who you'd like to see next on the channel!
We need universal schools, compulsory for all. And possibly all government funded. No private schools. Then only we can dream of an educated citizenry.
@@thecomment9489 it happens when you allow private schools. I studied in KV 30 years ago. The best of schools. Should have replicated that 1000 times over
Seems armchair economist.No solution to the problems.Bengal is backward due to Govt apathy.People are lazy, don't want to work Hard.Bengali mindset is that they know everything thing and have all the solution.
According to govt's own data West Bengal has less population living in multidimensional poverty than Gujarat. 🙄 I have never everv in my life heard anyone saying he is going to Gujarat like Ahmedabad or Surat for better life and opportunities. Anyone willing to migrate internally wishes to go to Mumbai, Bangalore, Delhi, Hyderabad etc not to the Sabarmati riverfront or to the new diamond hub in Surat. Or even to Dholera or GIFT city. 🙄 So all the miraculous growth of Gujarat only exists in hype, media management and that is possibly why Gujarat is considered to be a hindutva laboratory. Give fools something they'll feel good about, and all development happens in newspapers.
just search which city has highest IT sector growth rate? which city is the smartest city of INDIA go to MoSPI WEBSITE for gdp growth rate of states...and see which states have the highest in last 7-8 years. Niti aayog mutidimentional poverty index...we have only 8.6% while in gujrat it is 9.6%...MPIndex include- food availability, education,health, electricity, haouses, etc search it. which city is the safest city???search crime rate of states....one single thing doesnot change indexes.. just google which state has the highest LEATHER EXPORT?? google fiscal deficit data, google debt to gdp ratio data..... dont defame your own motherland....on the basis of some fake videos....google informations and try to study about them if you have interest from books....
If you want to be a global player you should have a international level education and expertise. India remained uneducated and impoverished and a 20 crore middle class remained as a consumer of the foreign companies.
Lmao his viewers are primarily BJP supporters. They won't accept anyone that criticizes the govt and its policies. Ashoka Mody is among the last people he will invite
Hi there, thank you so much for your suggestion. We are adding it to our lists of guests we'd like to bring on and shall do our best to bring them on in the upcoming months!
20:37 Don't worry, bhai....there was never any kind of sense of competition among states even 15 years back😅😅....the government's and people's most priority was only poverty elimination due to humongous refuge burden of 35% of Bangladeshi origins and 15% of hindi land origin in West Bengal..And we had done well in those parameters...NITI aayog says that also(8.6%)..and we have one the highest gdp growth rate as well(MoSPI DATA)....now only we are starting to focus on this competition...and we will grow and become 3rd until 2047 and 1st at 2070❤❤as we was from magadha to mughal❤❤
@ankushmukherjee3219 just Google 1)gdp growth rate data on the MoSPI website, we have been 3rd since the last 7-8 years(17th number data most probably... on the list on the website) 2)Debt to gdp ratio data is now 31% from 55% of communist era 3)Fiscal deficit data 3.6%.. Where national fiscal deficit is 5.6% 4)IT sector growth rate is 70% 5)Leather export is 55% 6)NEWTOWN is the smartest city of India. 7)Manufacturing growth rate 8.4%...where India's manufacturing growth rate is only around 3%(MoSPI Data) 8)The literacy rate is 80% , far ahead of the national average, 9)Kolkata is India's 1st Science Research, 84th ( nature report ) among Indian cities. 10) The multidimentional poverty rate is 8.6% lower than even gujrat 9.6% ( niti ayog data) 11) one of the lowest unemployment rates, though low skills jobs now Yes, we have issues, but good things also Don't trust me, 🙏 please 🙏.....just google this information. It will take not more than 5 minutes...
@ankushmukherjee3219 @ankushmukherjee3219 just Google 1)gdp growth rate data on the MoSPI website, we have been 3rd since the last 7-8 years(17th number data most probably... on the list on the website) 2)Debt to gdp ratio data is now 31% from 55% of communist era 3)Fiscal deficit data 3.6%.. Where national fiscal deficit is 5.6% 4)IT sector growth rate is 70% 5)Leather export is 55% 6)NEWTOWN is the smartest city of India. 7)Manufacturing growth rate 8.4%...where India's manufacturing growth rate is only around 3%(MoSPI Data) 8)The literacy rate is 80% , far ahead of the national average, 9)Kolkata is India's 1st Science Research, 84th ( nature report ) among Indian cities. 10) The multidimentional poverty rate is 8.6% lower than even gujrat 9.6% ( niti ayog data) 11) one of the lowest unemployment rates, though low skills jobs now Yes, we have issues, but good things also Don't trust me, 🙏 please 🙏.....just google this information. It will take not more than 5 minutes...
Every development depends on the rate of birth and the rate of birth in our country jeopardize the rate of growth by growth of immense number of population which is next to possible to compete with the rate of development with the present rate of growth of population. All economics and economists will always fail to come to the conclusion with pressure of a huge number of population to feed, given every possible necessity will always jeopardize the economic theories of development.
Education and wealth is not always correlated. Take the case of West Bengal. All revolutionaries are nucely educated and they collectively worked towards the destruction of industrial and economic state of their State. Ideologies, particularly Marxist types or Islam, can destro an country and its economy
Incorrect. Saudi Arabia, UAE, Kuwait, Bahrain, Oman, Qatar are all Muslim majority countries and all of them have per capita GDP above 29,000 dollars. China is a Marxist Communist state and has six times the average income than India. So your correlation is incorrect. Also Malaysia is a Muslim majority country and has even higher per capita GDP than China. Brunei us also Muslim majority. Indonesia us also Muslim majority. They all have much higher per capita GDP than India and you may find it hard to believe but higher than even Gujarat 🙄
@@thecomment9489 China is not Marxist anyway they don't even claim to be. They have state capitalism in every possible way, only the party is communist but doesn't follow communist principles since Chinese reformer deng Xiaoping
@@thecomment9489most of the countries that you mentioned have oil and developed coz of west interest in it. China's economic policies are mostly capitalist.
Our ancestors divided our people by using a rigid and discriminating caste base reservation system where the elite castes got all the privileges. Even worse this rigid feudal system treated the working class as untouchable slaves. They didn't have freedom to think freely and for themselves. Their dehumanisation by hinduism and hindu gods decimated their executive and cognitive functions. This still continues in many parts of India.
We are working very hard behind the scenes to ensure a part 2 happens so stay tuned! Thank you so much for your recommendation and hopefully you were able to gain some very valuable insights from this episode 🙏
Glad you liked the conversation and thank you so much for tuning in! Please do share with us any guests that you would like for us to host in the future 🙏
Dr. Lahiri doesn't seem much optimistic about India's economic future. 20 years in 21st century is a burden and liability. We will be developing stuffs that should have been done back in 60s-70s-80s, but we didn't...
On the contrary, the civilians do not have a collective consciousness to stand against bribery at the last mile, and rather they give in to the bureaucratic rot by greasing the palms of the sarkari farts in public service offices to get their things done The ones who can afford to pay bribes do it at will and the ones who cannot afford the bribes, have to liquidate their savings and sell their kidney(s) at this point to fill the bellies of the ever-hungry babus. And this guest here says "People once informed take the right decisions"...
All these types who have spent a significant portion of their working age years in Western countries like to pretend that Indians are same as Westerners which is the fundamental flaw in their thinking. Indians are very different from the people in the West. The Western ruling classes don't believe in democracy (whatever he means by that). Western people fought for their democratic rights. And even now if their ruling classes canget away with not giving democracy to their citizens they would do so in an instant.
Corruption in India will never end. Corruption is etched in the DNA of Indians, they were born with it. Its in their nature. If you like to end corruption you need to take the people in administration to undergo a gene therapy treatment to remove corruption.
And you've won our hearts with that comment! We continue to hope to get your support and will make sure to always put out content that satiates your intellectual mind! 🤍
Just like we fault Nehru for concentrating on the IITs & IIMs while neglecting primary education, Modi's BJP also is concentrating on Bullet Trains and Expressways when the basic infrastructure is crumbling.
Who told you Sir, With out primary education, how can one reach in iit and iim. I am now 60 ,my late uncle got graduated from REC got primary education at free of cost from state govt schools ( education is in state list before 44th amendment of constitution, after that amendment made it in concurrent list)
I think the gentleman is a little uninformed. Our parties have tried best to break india ,but it is the old masters who ensure india remains one ,for they need it to remains one. They need india. The colonial powers gave. " independence" only to those colonies where they had both the party in power and party in opposition in their pockets. So Britain is not interested in breaking up india,but they definitely ensure the parties try to keep divideing the country to gain a vote bank but just short of actual division 😂
Create more and more opportunities for earning from farming or manufacturing or services or writing or singing or dancing or trading or creative professions or from any new opportunity or just investment
Malnutrition, starvation, unemployment, income inequality, promoting parochialism, poor investment climate, great political turmoil, browbeating the media--- these are the happenings of past 10 years. Yet, lahiri is saying that we are on the right course!
Malnutrition has gone down big time, as per several international organizations including the well regarded British journal Lancet. So if you have any useful information then share it with appropriate source else don't vomit your opinion.
Ofcourse there are problems, massive problems, but we are kn the right track means economically our indicators are quite good, building infra, the foundation is okay, now it depends how well we work on it and how quickly we can grow and how fast we can industrialize is what matters.. Growth is slow now but indeed we are on the right track. The problem is slow growth, slow rise in income and employment...please understand the difference And all the problems you stated are legacy problems, you can't get rid of these issues overnight, it's not like there's some magic that will help on that duhh
THESE OLD RETIRED ECONOMISTS CANNOT DUGGEST POLICIES FOR A NEW INDIA..THEY ARE DONE AND DUSTED..NOT RELEVANT IN TODAYS TIMES..INDIA NEEDS WILD AGGRESSION
They are in the bygone eras of 40s and60s .That is the reason when you hear these oldies they always waste time on pre-independent economics and post independence time till the 70s. After that its all bla bla bla. The truth is that they are ignorant and most of their kids are settled abroad so they don't have to do any research.
Your effort of bringing educated gentlemen politician will transform people from less informed to more informed people. Thanks.
This is truly a gratifying statement for us as this has been the hope right from day 1. We are so glad you see it that way as well and thank you so much for tuning in! Please let us know who you'd like to see next on the channel!
I received subsidized education in Central school, Engineering from Govt college. All at tax payers cost. I owe by debt to my country. Jai Hind 🇮🇳
👌🏻👌🏻👌🏻
I like that … Democracy is bad for India but any other system would be even much more Bad… in short as a human society we haven’t came up with any better alternatives than democracy…the issue is the cost of it.
It's a nice quote but the problem with our democracy is that we are too democratic with too many parties .. we are so secular that we have Waqf for creation of a parallel Pakistan.. we have such a complex, lethargic and expensive legal system with so many layers of legal process that's a common is scared to be honest..
We have one of the worst city municipalities in India which do the worst job with citizens convenience being the last thing on their mind..that unless these problems are solved soon more and more people will yearn for non democratic setup
29:10 The middle class are not taxed heavily. For example, if you earning around 10 lakhs (more than five times the pci of India), you will pay roughly 4 to 5 percent in income taxes. People making more than fifty lakhs a year account for seventy-six percent of India's total income tax revenue. So, the ultra-rich are 'heavily taxed' in India, and in exchange, they get bad roads, poor air quality, and so on; it is no surprise that wealthy people want to leave India.
All these problems are due to the lack of proper population control steps, all programmes and development programmes becomes useless due the increase of population growth problem which is not addressed by anybody including the economist of the West looking, west educated people.
The sarkari teachers are employed with a lot of controversy. The private schools's fees are out of reach of the commoners.
As a matter of fact sarkari teachers are far more qualified than private school teachera because of strict qualification requirements by the government but after joining their work, kaamchori and haramkhori sets in because there is no performance related process to evaluate their performance and when every pay commission is launched everyone gets a raise. 🙄
Local governments have unholy alliances with these private school owners. They silently promote the private schools maybe because of some favours.
In India poor people are not recognising that they are poor & they have to come out of it. Unless they are liberated mentally nothing can be possible in India. These 11 crores of Indians out of poor & attained affordability is due to their search of better opportunities. If 150 crores Indians think the same then no one can stop India to be number 1 in the world.
We need economic freedom. It feels we are still subjects of an Empire.
And what do u particularly mean with economic freedom? And why do u think we are subjects of empire? 👀
@Rocky-pz8px try opening a restaurant.
@@orunabho rhetorical answers.. if u have some points, tell.. else dont make such bold statements
@@Rocky-pz8px that's the problem. We are so used to not having it, we don't even understand what economic freedom is. We understand only political freedom, the circus of electoral democracy.
Economic freedom is a school text book idea. Please do you reading, if you don't mind
@@orunabho i know what the terminology signifies.. u re talking to someone who is already into economics and finance..
but what m asking u is, give me the specific details of ur issue from which u deciphered there is no economic freedom in India.. give me facts and not the rhetorical hearsays brother!!
Not only Kolkata but Bengal's fall started almost immediately after 1947 due to openly anti Bengal and anti East India policies of Dilli Durbar.
Resources rich East India has been looted by every central government as eastern states could rarely form the government in the center.
This led to policies being framed at the center which have been harming the eastern states.
A string of local bad leaders who are all basically dalals of Dilli Durbar and their retrogressive populist policies have added to the woes.
To reverse this, Bengal and other eastern states need complete economic and administrative autonomy from Dilli Durbar in which Bengal has traditionally has next to zero representatives.
Otherwise, things will only go from bad to worse.
The southern states too faced similar predicament before they formed their political parties to get their dues and to ensure that economic development of their states remain local and not at the mercy of Dilli Durbar where they too have little to no presence.
What's the way out ? Greater Bangladesh or Biswa Bangla? Or, be competitive and self reliant instead of chanting Kender Banchana ?
Thanks for the comedy. You have a bright future as a comedian.
India's liberalisation is due to the pressure of world Bank, I.M.F and foreign currency defeceit . It's not a choice it's a compulsion of Narashima Rao.
True. The bad policies of our rulers result in all those crises and then as a way out some reforms are done. That's most definitely not a recipe for development.
Yes, had it been a choice it would've been done much ahead in the 80s.
But it required the strong will of Narsimha Rao to change there are lots of countries who go into crisis who are in deep mess but inspite of this crisises they don't change; Venezuela and Pakistan are some examples they get IMF loans but they don't change their economic system, but Narsimha Rao did had it been others I doubt we would have changed look at Modi he reversed the farm laws in the face of protest even though it was the biggest reform since 1991 even with a majority but Narsimha Rao changed our country even with a minority government.
@@Chigrikmarak3016 for your information, pakistan also follows the rules of IMF to get the required bail amount.
As a PM of that time PV Narasimha Rao had to liberate the economy to survive. The economic situation was pathetic, hardly any dollar left to import.
channel deserves 1million subscriber at least ❤❤❤
With support from viewers like you, we hope to get to that milestone very soon! Thank you so much for your positivity and please do continue to support us!
PAN, UPI , ADHAR CARD AND GST all are gifts of one economist named dr Manmohan Singh.i mad my pan card way back in 1999.tell me single extra idea conceived in last 10 years except that they implemented all these concepts in a good way except that middle class got screwed in the process that I pay 30 percent tax and corporate give 25 percent tax.
Correct! Upi , payments bank, mangalyaan, chandrayaan are from mms era
He's not an economist per se. He's a politician in disguise.
He is an eminent economist and a BJP MLA in West Bengal.
Allergic !
In bengali there is a saying -গেঁয়ো যোগী ভাত পায় না.
It's not all about Taxing middle class...question is what in return middle class getting from govt? No social security
Forget about it. Nobody talks to a milking cow and goat what they like. They are alive to feed others.
You want justice try to be in the other two classes.
Dissatisfaction and aspirations are the roots of development - nicely said.
Excellent channel Brother, very much interesting conversations , you conducted 😊
Loved the show 👏👏
Lahiri sir, Please keep visiting Neon
Thank you so much for your kind words and we enjoyed hosting Lahiri sir on the show just as much as you enjoyed listening to it! Stay tuned for further updates on a potential 2nd interview with him soon!
The middle class is not saying they are taxed more. The middle class is saying, for their hard earned money, the quality of life they get in return is poor. Middle class are crying because of “unfairness”. Nobody wants to spend their hard earned money bad quality products.
Good quality products need more spending. Where will the money come from? You need a Taj Mahal instead of a 1BHK flat, won’t it cost more?
@ good quality products come from better skilled workers, not high price. Japan has excellent quality products for affordable price, that happens with educated workforce.
@@fawa.z Wrong. Skilled citizenry would need more spending on education and infrastructure, which in turn would require more spending. As I wrote, you need a Taj Mahal, be ready to spend more. Nothing comes without money. And something more would require more money.
@@TM-ym5wi yes, when the middle class doesn’t see the change in quality , they feel betrayed after having paid their taxes for infra and other projects. I myself feel sad when I see a newly tarred road damaged within a year. We dont want our money going to waste, we don’t want our money gone as corruption in the system.
11:55 we aren’t taking into account that wealth is relative , if we are US10k by 2044 but world avg moves to US13-15k then we are still poor!
Good point but also we are chasing wrong targets. That is why Chinese people are the luckiest in the world because they have the rulers who are not only meritocratic but also caring for their population. The goal should be poverty alleviation, increasing education, healthcare coverage, connecting each and every village, town, county and city with roads and railways. All that fosters economic growth and GDP targets are reached.
Historically, the geographic unification of India what we see today is a gift of the British to the Congress. Before the British rule India as a unified state existed possibly during the Maurya’s.
Today, English is the language amongst young Indians and Hindi for the Bharat. It may be fashionable for the current politicians to blame the British for all of their failures, the history tells us that all the social reforms towards women’s education, Hindu widow marriage, burning of young widows etc. led by Bengali renaissance leaders were not achieved through democracy. In all the instances the British Government passed the laws recommended by a minority free thinking leaders like Vidyasagar, Ram Mohan Roy, Keshab Sen etc. History, economics and politics are a part of a system for the formation of a Nation.
The Neon Show at its best to present cerebral discussion like this one. Bring us more and more of such thought provoking video presentations. Thanks,
Your kind words truly keep us motivated and dedicated towards putting out the best content possible... Please let us know who you'd like to see next on the channel!
Right to information was given a silent burial,right to land was also killed by obnoxious revenue department
Democracy may have many flaws but it is still the best system of governance out there.
ONLY IF THE GOVT HAS THE GUTS TO TAX THE WEALTHY FARMERS, TAX BURDEN CAN BE REDUCED
GDP does not reflect jobs, does not reflect income of ordinary people, people's right to know, right to religion and press freedom.
We need universal schools, compulsory for all. And possibly all government funded. No private schools. Then only we can dream of an educated citizenry.
We already have public schools all over the country, but what is the quality of education we all know.
That is the only mistake I find in Nehruvian policies.
@@thecomment9489 it happens when you allow private schools. I studied in KV 30 years ago. The best of schools. Should have replicated that 1000 times over
Both the central and the state governments want to come out of the education business
Seems armchair economist.No solution to the problems.Bengal is backward due to Govt apathy.People are lazy, don't want to work Hard.Bengali mindset is that they know everything thing and have all the solution.
According to govt's own data West Bengal has less population living in multidimensional poverty than Gujarat. 🙄
I have never everv in my life heard anyone saying he is going to Gujarat like Ahmedabad or Surat for better life and opportunities. Anyone willing to migrate internally wishes to go to Mumbai, Bangalore, Delhi, Hyderabad etc not to the Sabarmati riverfront or to the new diamond hub in Surat. Or even to Dholera or GIFT city. 🙄
So all the miraculous growth of Gujarat only exists in hype, media management and that is possibly why Gujarat is considered to be a hindutva laboratory. Give fools something they'll feel good about, and all development happens in newspapers.
just search which city has highest IT sector growth rate?
which city is the smartest city of INDIA
go to MoSPI WEBSITE for gdp growth rate of states...and see which states have the highest in last 7-8 years.
Niti aayog mutidimentional poverty index...we have only 8.6% while in gujrat it is 9.6%...MPIndex include- food availability, education,health, electricity, haouses, etc search it.
which city is the safest city???search crime rate of states....one single thing doesnot change indexes..
just google which state has the highest LEATHER EXPORT??
google fiscal deficit data, google debt to gdp ratio data.....
dont defame your own motherland....on the basis of some fake videos....google informations and try to study about them if you have interest from books....
If you want to be a global player you should have a international level education and expertise. India remained uneducated and impoverished and a 20 crore middle class remained as a consumer of the foreign companies.
Kolkata's fall is a notorious propaganda against Kolkata and Bengal !
very good content uploaded by this चैनल,thank u very much for this
Thank you so much for the kind words, we're glad you found it insightful! 🙏
how about abolishing direct taxes and increasing indirect taxes
Focus on quality of life and not rate of growth. Most nations from Africa to South East Asia have cleaner air and water than India.
if it was 97% for the rich, today 33% for the salaried is equally detrimental
Why every person above 18 years are not earning more than 50000 per month in India to live and easy life after taxation
Bengal is the FUTURE of India and Globe
Please invite "Ashoka Mody" who is author of the book "India is broken"
Lmao his viewers are primarily BJP supporters. They won't accept anyone that criticizes the govt and its policies. Ashoka Mody is among the last people he will invite
Hi there, thank you so much for your suggestion. We are adding it to our lists of guests we'd like to bring on and shall do our best to bring them on in the upcoming months!
20:37 Don't worry, bhai....there was never any kind of sense of competition among states even 15 years back😅😅....the government's and people's most priority was only poverty elimination due to humongous refuge burden of 35% of Bangladeshi origins and 15% of hindi land origin in West Bengal..And we had done well in those parameters...NITI aayog says that also(8.6%)..and we have one the highest gdp growth rate as well(MoSPI DATA)....now only we are starting to focus on this competition...and we will grow and become 3rd until 2047 and 1st at 2070❤❤as we was from magadha to mughal❤❤
Do you really have trust on tmc?
@ankushmukherjee3219 just Google
1)gdp growth rate data on the MoSPI website, we have been 3rd since the last 7-8 years(17th number data most probably... on the list on the website)
2)Debt to gdp ratio data is now 31% from 55% of communist era
3)Fiscal deficit data 3.6%.. Where national fiscal deficit is 5.6%
4)IT sector growth rate is 70%
5)Leather export is 55%
6)NEWTOWN is the smartest city of India.
7)Manufacturing growth rate 8.4%...where India's manufacturing growth rate is only around 3%(MoSPI Data)
8)The literacy rate is 80% , far ahead of the national average,
9)Kolkata is India's 1st Science Research, 84th ( nature report ) among Indian cities.
10) The multidimentional poverty rate is 8.6% lower than even gujrat 9.6% ( niti ayog data)
11) one of the lowest unemployment rates, though low skills jobs now
Yes, we have issues, but good things also
Don't trust me, 🙏 please 🙏.....just google this information. It will take not more than 5 minutes...
@ankushmukherjee3219 @ankushmukherjee3219 just Google
1)gdp growth rate data on the MoSPI website, we have been 3rd since the last 7-8 years(17th number data most probably... on the list on the website)
2)Debt to gdp ratio data is now 31% from 55% of communist era
3)Fiscal deficit data 3.6%.. Where national fiscal deficit is 5.6%
4)IT sector growth rate is 70%
5)Leather export is 55%
6)NEWTOWN is the smartest city of India.
7)Manufacturing growth rate 8.4%...where India's manufacturing growth rate is only around 3%(MoSPI Data)
8)The literacy rate is 80% , far ahead of the national average,
9)Kolkata is India's 1st Science Research, 84th ( nature report ) among Indian cities.
10) The multidimentional poverty rate is 8.6% lower than even gujrat 9.6% ( niti ayog data)
11) one of the lowest unemployment rates, though low skills jobs now
Yes, we have issues, but good things also
Don't trust me, 🙏 please 🙏.....just google this information. It will take not more than 5 minutes...
Every development depends on the rate of birth and the rate of birth in our country jeopardize the rate of growth by growth of immense number of population which is next to possible to compete with the rate of development with the present rate of growth of population.
All economics and economists will always fail to come to the conclusion with pressure of a huge number of population to feed, given every possible necessity will always jeopardize the economic theories of development.
Education and wealth is not always correlated. Take the case of West Bengal. All revolutionaries are nucely educated and they collectively worked towards the destruction of industrial and economic state of their State.
Ideologies, particularly Marxist types or Islam, can destro an country and its economy
Incorrect. Saudi Arabia, UAE, Kuwait, Bahrain, Oman, Qatar are all Muslim majority countries and all of them have per capita GDP above 29,000 dollars.
China is a Marxist Communist state and has six times the average income than India.
So your correlation is incorrect.
Also Malaysia is a Muslim majority country and has even higher per capita GDP than China. Brunei us also Muslim majority. Indonesia us also Muslim majority. They all have much higher per capita GDP than India and you may find it hard to believe but higher than even Gujarat 🙄
@@thecomment9489 China is not Marxist anyway they don't even claim to be. They have state capitalism in every possible way, only the party is communist but doesn't follow communist principles since Chinese reformer deng Xiaoping
@@thecomment9489 all because of petroleum. And it is going to end soon. They are all desert wasteland, not natural habitats for Homo Sapiens
@@thecomment9489most of the countries that you mentioned have oil and developed coz of west interest in it. China's economic policies are mostly capitalist.
7:13
I'm not sure if the IPO details of Bandhan Bank shown were meant to be taken seriously or as a joke. 😅
Our ancestors divided our people by using a rigid and discriminating caste base reservation system where the elite castes got all the privileges.
Even worse this rigid feudal system treated the working class as untouchable slaves. They didn't have freedom to think freely and for themselves. Their dehumanisation by hinduism and hindu gods decimated their executive and cognitive functions. This still continues in many parts of India.
Superb!! Yes unless and until we accept each other as brothers and sisters, our growth will be slow
Part 2 on west bengal's economy and future.
We are working very hard behind the scenes to ensure a part 2 happens so stay tuned! Thank you so much for your recommendation and hopefully you were able to gain some very valuable insights from this episode 🙏
Amazing conversation! Liked it.
Glad you liked the conversation and thank you so much for tuning in! Please do share with us any guests that you would like for us to host in the future 🙏
Was policy paralysis was more due to minority government, but it was BJP, to be blamed imposing itself over government using relgious conflicts
Dr. Lahiri doesn't seem much optimistic about India's economic future.
20 years in 21st century is a burden and liability. We will be developing stuffs that should have been done back in 60s-70s-80s, but we didn't...
On the contrary, the civilians do not have a collective consciousness to stand against bribery at the last mile, and rather they give in to the bureaucratic rot by greasing the palms of the sarkari farts in public service offices to get their things done
The ones who can afford to pay bribes do it at will and the ones who cannot afford the bribes, have to liquidate their savings and sell their kidney(s) at this point to fill the bellies of the ever-hungry babus.
And this guest here says "People once informed take the right decisions"...
All these types who have spent a significant portion of their working age years in Western countries like to pretend that Indians are same as Westerners which is the fundamental flaw in their thinking.
Indians are very different from the people in the West.
The Western ruling classes don't believe in democracy (whatever he means by that). Western people fought for their democratic rights. And even now if their ruling classes canget away with not giving democracy to their citizens they would do so in an instant.
Corruption in India will never end. Corruption is etched in the DNA of Indians, they were born with it. Its in their nature. If you like to end corruption you need to take the people in administration to undergo a gene therapy treatment to remove corruption.
So silent it's not even visible.. In fact more detrimental than beneficial to the tax paying citizens of this country.
Such gems are in BJP but they aren't utilizing them
It's falling, can't you see?
This channel satisfy the top 10% of indian knowledge group.🤗
And you've won our hearts with that comment! We continue to hope to get your support and will make sure to always put out content that satiates your intellectual mind! 🤍
Thank you so much sir ❤
Just like we fault Nehru for concentrating on the IITs & IIMs while neglecting primary education, Modi's BJP also is concentrating on Bullet Trains and Expressways when the basic infrastructure is crumbling.
Primary education in the country is still neglected
Who told you Sir, With out primary education, how can one reach in iit and iim. I am now 60 ,my late uncle got graduated from REC got primary education at free of cost from state govt schools ( education is in state list before 44th amendment of constitution, after that amendment made it in concurrent list)
Yatha praja,tatha Raja the right veda
Work hard and move out of India. Only solution against tax terror from India.
All revolutions don't end up good and this mudiocre economic revolution is as pathetic any could be
Too much ad
I think the gentleman is a little uninformed. Our parties have tried best to break india ,but it is the old masters who ensure india remains one ,for they need it to remains one. They need india.
The colonial powers gave. " independence" only to those colonies where they had both the party in power and party in opposition in their pockets.
So Britain is not interested in breaking up india,but they definitely ensure the parties try to keep divideing the country to gain a vote bank but just
short of actual division 😂
Bro where subtitles
Subtitles are there.
Hi there, we are currently working on adding the subtitles soon... We apologize for any inconvenience caused!
The podcast must be in Hindi more people can watch they cat understand v well r English & HINDI.
Create more and more opportunities for earning from farming or manufacturing or services or writing or singing or dancing or trading or creative professions or from any new opportunity or just investment
Another so called economics person making basic mistake in using growth rate.
One uses nominal rate of growth and not real rates
PArt 2 Part 2 pls
Stay tuned for any news regarding part 2 and we hope to host him on the channel very soon!
Malnutrition, starvation, unemployment, income inequality, promoting parochialism, poor investment climate, great political turmoil, browbeating the media--- these are the happenings of past 10 years. Yet, lahiri is saying that we are on the right course!
It only means two things the he is either far detached from ground realities or he is somehow benefitting from all that chaos. What else?
Malnutrition has gone down big time, as per several international organizations including the well regarded British journal Lancet. So if you have any useful information then share it with appropriate source else don't vomit your opinion.
Ofcourse there are problems, massive problems, but we are kn the right track means economically our indicators are quite good, building infra, the foundation is okay, now it depends how well we work on it and how quickly we can grow and how fast we can industrialize is what matters..
Growth is slow now but indeed we are on the right track. The problem is slow growth, slow rise in income and employment...please understand the difference
And all the problems you stated are legacy problems, you can't get rid of these issues overnight, it's not like there's some magic that will help on that duhh
All are ANDHBHAKTHS
@ankushmukherjee3219 Andbhakths will always find silver lining
Shivan sir
THESE OLD RETIRED ECONOMISTS CANNOT DUGGEST POLICIES FOR A NEW INDIA..THEY ARE DONE AND DUSTED..NOT RELEVANT IN TODAYS TIMES..INDIA NEEDS WILD AGGRESSION
They are in the bygone eras of 40s and60s .That is the reason when you hear these oldies they always waste time on pre-independent economics and post independence time till the 70s. After that its all bla bla bla. The truth is that they are ignorant and most of their kids are settled abroad so they don't have to do any research.
Typical bureaucrat. Talk talk talk but the substance is zero
Narangi 😂
Typical BJP leader...
Horrible host 😂