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The biggest problem is the caste system where the 0.00001 percent brahmins control the country and are basically the master caste while everyone else is lower. And America perpetuates and sustains through the import of brahmin academia and elites into america
This Comment section is the reflection of our Education System. We just can't take criticism. There are endless flaws in this country but people are blind by either their religion politics or caste politics . People will tell you visit Private hospital as they serve better but won't tell the government to give better service in the government hospital. People will buy an RO water Purifier and say we have a clean water at home but won't demand a clean Tap water which is a norm across the world . They would honk inexcusable on the roads, would spit anywhere and throw filth at random places and then crib about why our roads aren't clean. These are just Brainwashed "Think School " & " Study IQ" Audience, who can't listen to anything bad about India .
On point about everything and with the "Think School" bit. The only purpose of that channel is for the average citizen to start hallucinating about already living in a superpower.
The problem with Indians is that we are happy with mediocrity. We start feeling proud to have the fastest growing major economy even though the growth only around 6%. China was growing at 12% at its peak.
Agreed, I could say it's because the standards have been set too low for us, but then I go back and see the economic growth during UPA 1 and UPA 2 regimes.
That might be because we are proud of all our achievements…be it small or big…cause maybe unlike other countries there’s a sense of the nation being one community…sure there are problems…but still I do believe that people do believe in this nation…as it is much more of an emotion than just another piece of landmass May have sounded hyper patriotic or stupid…but that’s what I think
Beta hum 12% se upar grow karenge ek dum se kuch nhi hota our 5 big states UP, RAJISTHAN , MAHARASTRA , TAMIL NADU and HYDERABAD are working rapidly on infra to take them to 1 trillion gdp and even japan has invested in north east india to get them on parallel stage
@@ashutoshbhardwaj7514 😂 You sounds like a kid, the author himself pointed so many loopholes in Indian economic system, but I think you're not capable to understand such informative ye complex talk. He just stated facts, whether you agree or not. You need to learn some basic economics.
The problem with India is its inequality within regions. South India and West India are growing rapidly and are comparable to South East Asia. While 2 states Uttar Pradesh and Bihar combined has more population than USA but a per capita income lower than some of the subsaharan african countries.
@@IndianHinduGigachad not @rse you shameless Telangana, Chattisgarh, Jharkhand, Uttrakhand, haryana all richer after separation. It's common sense that they get ignored when they a part of a larger state but get their due importance after becoming a separate state/province/UT.
To my indian brothers and sisters..let us not get overjoyed when we hear praise and also not get angry when we are criticized. Our collective focus should only be to make our country a superpower. For that we need to put our heads down and work. Humari kaam hi humari pehchan banayega. Jai hind 🇮🇳
That’s so different from how Americans feel. They don’t give a damn about their country being the wealthiest and most powerful superpower in history. No westerners in any country are anywhere near as nationalistic as Indians. We mostly just care about standard of living and corruption and government accountability. It’s crazy to see that Indians are so nationalistic despite the fact that Indians have much lower standards of living and far more corruption at every level of the government. I was born in Canada but lived in India for 3 years, I know how bad things are over there. It’s a slum compared to Canada, yet the people are more concerned about becoming a superpower rather improving their infrastructure and quality of life. Economic power is the most important factor of being a superpower. India will never be a superpower unless the economy becomes more efficient and productive, and government corruption is brought down to western standards. I know you people love Modi, but he himself is very corrupt. It’s a systemic problem in India’s culture. People have just gotten used to it. When I lived in India I was very rich and my family has a lot of land. I could essentially get away with anything because I always had money to bribe the police. In India you can bribe your way out of any problems if you’re rich and a company can bribe its way to getting any government contract
@@mogleesh-22 nonsense. They are incompetent. And the biggest problem is reservation. Lots of those government jobs are filled with those reservations unskilled labour who don't have any experience or knowledge about the job and got it just because they are so called backwards or their parents were on that same job. And politicians keep that system because of vote bank politics. I have 6 members in my family who are working in government job and know enough from them that most of this employees are absolutely incompetent for job.
India is a democratic country you cannot just walk up to Indian people and tell them to leave because you want to make a factory on thier100 year old ancestors house. There is a lot of due diligence that goes into it and then there is opposition which wants to gain power with any means necessary. Dictatorship can silence any opposition and close it border to any outside journalism. India also have the worst of enemies on two thirds of its borders. Vulnerable to proxy wars on both of its borders.
That’s right hard to grow 8% to 9% when you have to consider many factor before striping up a factory and at the same time doing well. Takes times on a democracy that has to listen to different views. Also this video praised the ccp to much. When ever do they care about their people and their prospects with long with long term in mind. This video was too pessimistic. Southern half of India invests in education and literacy rates and infrastructure too are improved. There are challenges but positives too. If it was easy it would all have been resolved. No country has truth squeezed every last bit of growth each year. China built but did too much with little checks and balances and no criticism allowed to keep it in check. Lots of money wasted on useless infrastructure. In a democracy a big debate and lots of criticism can having asking is an infrastructure project worth so with more consideration less money wasted on them with is better than the economy so India in the long run will have better economic growth than China from the starting point of economic development. 2020s will have two contrasting stories between the two countries economically.
These are excuses. There have been mistakes & still we people are making some mistakes which maybe in next decade we will discuss. The fact is Cointries like USA Became no.1 cuz they did grow more than 10% even when they were fighting wars & also during Cold wars also being Democracy. What is happening in India happened in US long ago. The fact is Competition make you strong. Neither China is going anywhere nor Pakistan ( maybe for next 2/3 decades). This is reality & we have to cope with it. Govt & some so called YTbers say Indian economy is great even its in 6.5% growth which is misleading. India need 10+ growth to catch China & US. Cuz China's 3% growth is thrice more money than India's 6% growth.
@@darknebula455US most of the time was finding the war and making the capitalist more rich by printing more dollars and using tax payers money. Also China doesn't care about its citizen and make them work hard labourers. And i think most of China's GDP is artificial growth. India just struggle with its inefficient political system, due to people welfare policy and corrupt politicians. Whereas China is just dictatorship with its people and in USA capitalist just control the govt.
@@ausriusdidziokas6771 you are really naive if you think the Chinese government doesn’t care about its citizens or doesn’t consider things in the long term. You have it quite backwards. Although the government there is unelected, they still must convey legitimacy somehow. They have a tacit social contract with its citizens that although they do not have democratic rights, they will continue to experience a better life through economic development. It is because of this continued development that they have remained in power. Being a one party system, they also have the luxury of thinking ahead. They literally come up with 5 year plans, which means they think it terms of half decades at a time at minimum. Contrast that with India, which is full of bureaucracy and red tape. To start a business in India takes several years just to get the license. Infrastructure is atrocious and the government cannot think longer than the next election, so cannot plan for the future. And talk about waste. Billions of dollars are wasted every year dealing with government bureaucracy to the point that very little gets done. Given the immense manpower and cheap wages, you would think India would have long ago replaced China as the factory of the world. Instead, the difficulty in starting a factory, poor roads and infrastructure to ship out the goods, and a poorly educated workforce has resulted in their economy stagnating when compared to its developing country peers.
@@darknebula455 how can you drag/compare USA here who was developing since 1774!! And went in world War in 90's lol!! And India is the country who is in war since their independence.. You are just a big "BKL", aata wata kch hain nahi muh se hagna start kar do🐸
The true problem is our governments are least concerned about basic human needs/ infrastructure. They are happy with filling their own pockets and showing off some world-class infrastructure in limited areas, while education and health care are overlooked on a broader scale. The chief reason for China's growth was its fantastic economic decisions which are rarely, if at all, implemented in India.
China is a homogeneous country. Do you actually believe that the country where diversity rivals Amazon Forest and Coral Reefs can apply a Single system? Last time I checked you're not supporting UCC
@@oksowhatI've lived months with 3-4 hours of sleep per night and 14 hours of study per day. I think most people who succeed in JEE ADVANCED do the same. I probably don't get where are u coming from.
@@whentheimposterissus8376 I believe that we don't even need a "single system" to improve the basic infrastructures of govt. schools which are the only affordable means of education for the masses. Yet, UCC looks like a good step towards the actual "singularity" we need. And Do your "checking" wisely :(
All very true about India. Hopefully the government can take these warnings and do something about these short comings - particularly on the need to invest in human capital like education and health. States in South India have done this and they now comprise half of India’s GDP. The north has a lot of untapped potential.
@@anitathakur9340 "Bihar me Bahar baa, kyunki Jativad ka bol bala ba, Vote bank ka chamak ba, Industry uka ka??" 😂 BIHAR IS A BIG JOKE irrespective of Parties
@@anonymous-ki3mnWell you did nothing instead of blaming the government. Corruption itself isn't the biggest problem. Corruption in India is not as high as people like to portray and it's not the biggest concern right now.
@@Lucifer-dd2nr every politicians except perhaps few are extremely corrupted looting people's taxes keeping them for their future generations. Could you name a minister or even a counsellor without having big money, how did they get all these, I don't think India will prosper with all these things & with senseless irrational voters
The reason some of them are proud isn't just religion and caste bs. This is what the opposition parties tries to get in ur mind and we all know how vindictive opposition parties are in India which try to gang up illiterate people against the govt whenever a good reform is being brought in (the same reform which they wudve brought if they were in power😂 but no they cant tolerate someone else bringing it). The people are proud bcoz atleast now we're headed in right direction, now India is recognised in world stage, the growth is slow but steady and its just the matter of time when it'll shoot up. We have more belief on the current govt rather than the a**holes who just plainly looted India for 70 odd years both monetarily and culturally!
For India the benchmark of economic progress is comparison with Pakistan. Really I'm not even exaggerating. When things are not particularly well , they be like "Well at least we're better than Pakistan"
While it is a very low standard to compare to but it is very devoid of mediums of biases because both nations had similar starting point in economical, societal, political development. Well you can't compare a post-colonial country to a former colonial masters.
That is certainly accurate. Modi: "India exports software, Pakistan exports terrorists" The Indian government spends more time trying to distract the Indian people by deflecting blame to China and Pakistan, rather than focusing on the many problems that plague the country.
Indian education is busy looking backwards at vedas. Mythology by itself is not the problem. But making mythology the center of education is the problem.
@Vladamir Ambani IAS IPS profession is being overly glamorized among youths of India hence our brightest mind join these services, where by the nature of its job is to only administer they don't add anything to economy. Hence no development is happening
@@Hari-th7bv bhai foreign companies ki bat nhi kr rha Those alien companies who are planning to have a plant or a branch in India gets affected by this
I was amazed as the video was totally based on statistics and not on the opinions of so-called fake leaders and predicters, I believe the best way to strengthen ourselves is to know our weaknesses so that we could work on them and not just fool ourselves into that we are going to be the best.
Stats 😂... At 2.44 this guy cites world Bank and shows women participation in work force below Pakistan. This is exactly like the hunger and happiness index. Manipulate and berate.
The thing that makes me frustrated as an Indian is the tourism sector.. It has very high potential but idk why the govt isn't noticing it.. It cost less to take care and promote the large number of monuments in India than to create new parks and statues
Why would anyone wanna visit india when you hear news about tourists getting harrassesd, indians roads are dirty. Look at the condition of public transport. I see people spitting on roads openly. India has a huge potential but it's people never change. If people changes half of our problem would be solved.
@@randomclips42069 NGL as an Indian i do think that's the major reason why the tourism sector hasn't developed in India it's all about the mindset of people if the mindset of people here gets solved I'm pretty sure india would both develop a great soft power and an emerging tourism sector
@@randomclips42069ormaly I don’t comment in social media. But your comment made me to. You’re right. Nothing will change as long as people don’t change.
Adding to the problems, corruption is one major problem. That 2% India spends on education and healthcare doesn't reach the people. I would assume almost half is either fall in the laps of corrupt politicians and bureaucrats or remain idle. There are States in India which get more money than they generate yet their state is underdeveloped. Blindly increasing expenditure on healthcare and education would not solve the underlying problem. What we need is better policies and robust system to tackle corruption.
Moreover government teachers and college lecturers don’t go to school, just sign the attendance register and back home enjoy ur free life. I have seen “sports room” with 2 footballs and 100s dusty and broken items . Like no one gave them to kids , and moreover government school kids are roaming around . These principals and teachers are also the problem . Only solution is make government employees’ kids study in government schools . Withonh 6 months every school will be equipped with best facilities when IAS , politicians kids will study in government school
Thankyou for speaking the truth about my country, many times people get caught up in the surface level data and don't bother understanding the very deep rooted issues facing India. This limits the country from progressing, I think for change India needs to be sure of what it is doing wrong.
One of key factor is education. People don't want to grow themselves by using new options & experiments. Even the degree holders don't have the knowledge but just that paper of certificate that creates real problem. Corruption & lack of job opportunities led India to lose it's bright minds to US & other countries.
people are so dumb in india they will elect the criminal ( bjp) who have demolished economy , people do not try to find beyond the box they agree what is said by indian media which is run by elected parties ( bjp ) now they have banned 2000 note wtf is going on in india ?
India has a similar issue as many of the nations in Asia, the degrees are worthless. They hold these certificates but the education they got is worthless. U sene this in like China and the stan nations as well. It's almost as if people got through with literally just money . Some of these places are so fill with culture and traditions that they can't learn anything that allows challenging thoughts
Only jobless weirdoes complain about education. They complain about education even after doing PhD... Fact is some people are born worthless & are depended on comfort of parents, institutions, or irresponsible gov jobs..
I don't want it to be a developed country......i just want it to be a decent country with a decent system and wonderful people..... that's all i want.....
Indian states are not spending on education & health infra adequately, they are still behind appeasement policies like pension & subsidies to woo voters. Central institutes do not have that much space to provide education to all, it's the state govt. duty to turn around education & health at grass root level. Central Govt. need to increase spending on R&D and provide grants for state for Gross fixed capital expenditure.
But then there's the rampant corruption with the already allocated small budget for R&D funding and the healthcare system 💀 They have to resolve these problems before allocating more budget to them, or else it's all the efforts and tax payers money are gonna be spent in vain
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
One major thing most analysts forget about INDIA (while comparing with East Asia) is that 5 major wars & terror attacks forced the govt to spend more on Defence than Education or Healthcare
I don't agree with you, Its our fault that why haven't we made our economy so large that we can spend more on Education & Healthcare alongwith Defence. What you are saying is just a defence to prevent image, and defencing will not do any good, Instead we all should focus on how we can contribute in increasing Indian economy.
@@akshatverma1111 Of course, previous govts didn't spend on infra, basic facilities etc, but here I'm just pointing out a major factor that must be taken into account. We still need massive business friendly reforms but unfortunately they're termed as "Anti Common Man" or against the Labour or Middle Classs, we still haven't come out of the Socialist mindset.
The US economy is literally a war-drive capitalist economy. Post-2nd world war, they got themselves to this big shape was because of dependence on the defence industires. Blaming on military forces eating up large portion of budget is no brainer. India has its defence industrial complexes but they’re offering little confidence to both forces & local economy.
@@AG-cv7fxwhat bullshit ? Fir wahi previous govt didnt do wala defense. Literally the same video showed how Capital expenditure fell from 2009 onwards. Check 5:40
India spends the lowest on R&D of all the G-20 countries in terms of percentage of our GDP. This is why most of the IIT and IIM kids can't get good funding to create something larger as Stanford and MIT, despite the education standards being as good as the latter. You can't be a good engineer with just studying books, here's where we get beaten down.
So true. I have these ideas but no funds, these ideas would sure help me improve but they aren't that significant that I can spend so much time dwelling on them.
Unity between people to work towards a common goal and help each other has gone down drastically in the country. People are competing each other rather growing together.
There's a conundrum regarding education spending. I've seen even the people from lower economic classes are sending their kids to private schools instead of government schools. Due to lack of students many schools, especially vernacular medium schools were forced to shut down, and there is less spending in education year after year. But these parents belonging to lower economic class, many times aren't well educated and work long hours, so they can't understand quality of education or aid there children with studies, further they're really ignorant about importance of education, I've seen many parents leave for their native places for months not bothering about their children missing out on schooling. This has lead to poor quality of education, because education doesn't stop at school, parents have to be involved with studies and give due importance to it. There's also the point that system itself is redundant. Teaching patterns and methods are based on rote learning and memorization rather than application based studies, analytical thinking and in-depth understanding of concepts. A lot has to be changed both in education system and mindset of the people.
People will start sending their kids to public schools if the govt spends more on improving the quality of public education. The poor should never have to send their children to private schools.
@@AmanKumar-de1kc seeeee..... that's the conundrum, poor won't send their kids to public schools cause they want top education so they can get out of poverty. And government won't spend more since they're not getting enough response in form school admissions.
i think india needs a different form of education like africa,,,,,the one thats pursuing purely academia and pieces of paper is useless in a climate and environment like india. for most of rural india,they need vocational training to teach them how to be better farmers, using technology tools and modern techniques to improve productivity among 600 million subsistence farmers, they need vocational training for other types of low level occupations but is needed by society and contributes to the general economy as well, cooks in restaurants and eateries, car mechanics and electricians and plumbling carpentry etc....and the government needs to help these impoverish people set up their and individually owned businesses might be too inefficient, the government needs to figure out a way how to get all the people in a village whose doing the same thing to work together as a collective so they can pool resources together, buy equipment and tools to improve efficiency and output and then share the spoils and profits.
4:38 China: When its technocrats decide to dam a river, build a road or move a village, the dam goes up, the road goes down, and the village disappears. 😁👍
@Jack Smith That exactly is the problem, China can decide to do something and do it the next day. In India, since its a democratic country, they need India needs to first get the land from the people, and then fight all the Human rights, environment and opposition groups against the development. And then finally do what they want to do. China has no issues with human rights, environment groups. Also, India isn't begging. India is donating more money to other countries than they accept.
for most of Chinese， relocation is a lucrative business in recent years. Yeah, we had some brutal practice in 10 years ago, but China improve so much about this issues recently.
One of the major drawbacks of Indian education system that this report does not cover is the irrational obsession Indians have over government university and jobs. The coaching industry for competitive exams is one of the biggest industries in the country and instead of adding any value to the skillset of the youth, they take away there most precious years by selling them a false promise of "cracking the exam". Almost all of Indian youth waste at least 4-5 years of their life when they are below 25 in preparing those exams. If they put those years even in jobs that pay low wage but give them good experience and enhance there skillset, their condition would be far better. But sadly, Indian families would rather have their children beat there heads into books than letting them work in a job that might harm their social status
True but nowadays low wage jobs also require a lot of qualification, not for purpose of job but due to competition. It's more about surviving for middle class general category people than it is about social status. Majority do it for survival, including me.
Coaching Mafias are a by product of the contemporary education system. If it's reformed then it be gone. Hope lies in NEP 2020 but considering the fact of fiscal federalism it remains a delusion that if its benefits remains universal or not due to decentralization of educational boards. And also the public expenditure for provisioning it.
@@misssparkle6421you are Right too surviving urban cities with low-paying job is almost impossible, and the culture of Indians not leaving thier Parents is also problematic, India should introduce some sort of Social-security program for it's elder citizens that will Decrease the burden on thier childerns to provide for them Indians also are obsessed with thier Societal image youth will burden themselves with Expensive marriages and Car loans just to maintain thier image. India also have very Bad rural and urban division with almost nothing except informal jobs and Self employment through petty enterprises in Rural regions
Instead of trying to predict whether or not we’re going into more recession and keep losing your money, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every quarter according to Bloomberg.
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What ever i understood from 2023 budget is that this budget would help reduce fiscal deficit by a lot.. also the infra budget has been increased.. education and the skilled workforce still needs a big revival..
It's interesting how, for the sake of this topic, China's communist system is praised for making "rational" decisions; while on almost all other forums/platforms, and in every way possible, the same Chinese preference of communism over capitalism and/or democracy is vigorously criticised...
Exactly, also notice the absence of international borders on the J&K as well as the NE side in the map. I immediately started taking everything with a grain of salt after that.
@@铃梓-r8m 1)Tiananmen square massacre 1989. 2)The Great Leap Forward of the People's Republic of China was an economic and social campaign led by the Chinese Communist Party from 1958 to 1962, 15 million deaths. 3)COVID-19 lockdown in China, Doors sealed from outside, Killing of pets, government authorities will drag you and your family from home shoved in van and put you in Isolation. 4)One child policy. 5)Hukou system in china. China's Internal Passport System - Country Folk Can't Enter the Cities. 6) When a local bank goes into debt, you're money in the bank gets freeze, And police and court won't do anything. 7)The Social Credit System is a national credit rating and blacklist being developed by the government of the People's Republic of China. He social credit initiative calls for the establishment of a record system so that businesses, individuals and government institutions can be tracked and evaluated for trustworthiness. 8)Global social media platforms like TH-cam and Facebook/Instagram and foreign news channels are Banned, If you comment on CCP in Chinese social Media apps like WeChat, Sina Weibo, Tencent QQ, Tencent Video, Xiao HongShu, Douban, Zhihu, Meituan, Toutiao, and TikTok. Your account will be suspended or you might disappear. 9)Religions freedom isn't there, People needs hope to go through tough times they pray to gods, But when CCP takes and beat the religion out of you, you only think of day to day survival which is sad. 10)Last point Democracy gives people power to assign and remove the leader based on his performance and decision making, If there's no consequences by the action of a person he will do anything without fear. If you're ready to face these things in India and let the government have total power over you and your family/Land/Money. Then please to obtain a citizenship in China. You could've given Switzerland or Singapore Example.😉
Just a correction that inclusion of females in the labour force in India which is much lesser than other because it excludes unorganised sectors participation which is the backbone of the Indian economy. in unorganised sectors whose data is available on E- Shram portal of labour ministry shows that female participation overtook many countries.
Over the past 15 years since the Great Financial Crisis, there have been a number of transactions including both strategic investors and private equity; frequently, the PE component was not 100% and the capital raising were much lower than $400 Million; money travels fast from the impatient to the patient. The toughest challenge for investors is keeping their emotions under control during losses and making the appropriate investments at the right moment.
Purchasing stock in companies that are anticipated to have steady demand even during a slump is an obvious approach to invest for a recession. These companies typically include household goods, energy, and healthcare providers. Of course, an average Joe cannot make such selections; a financial counsellor is crucial in this process.
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After Watching this video I feel too negative about Indian Economy but as an Indian my self I can counter some points that help India to Leap Frog Jump in the future. 1. We have over 120 million people that are well educated in English language which is second largest English speaking population in the world. 2. Very Robust and well regulated Banking sector. India banking sector is very strong and done very good job in implementing banking regulations. These banking cleanup happens after a major banking crisis hit in 2016. 3. Digital Payment: Nearly 800 million people in India rely on digital payment and India has record high Digital payment which makes the flow of money easier. Just Google India UPI story you will get Idea how big it is. 4. Credit Crunch: Indian population don't have habit to use credit card but with the increase in young population rate of using credit card is increasing 30% per year which is very high. So in near future demand in India is usually going to raise. 5. Stable Government: Indian democracy has an stable Government as for 10 years and people have strong confidence in the government. 6. Reverse Brain Drain: Just Google it you will get the numbers. 7. Raising Statup Culture: India has produced 100 unicorn in just last 4 years which is very impressive.
The best video I've ever seen on the Indian economy,not only the video had perfect details and analysis but also great animations , videography and editing
Indian education system is not the reason of the level of unemployment. The reason is there isnt much jobs . Most of the times, a candidate is overqualified for the role. People's degree certificate are worthless not because of the education system, but it's because a engineering degree it's not worth if the application is for a lathe operator in contract. Tbh Indian youths are exploited by big mncs. I know my friends who are not financially gifted had to go to machine operating jobs in companies like Yamaha, TVs, wabco, for salary of 12 to 16 k ( 150 to 200 US dollar) a month after finishing engineering degree in some decent engineering colleges like St Joseph, panimalar etc.. the worst part is they are not permanant employees. These companies will hire freshers from colleges on contract for few years and promising permanant position based on performance, juice them out their blood in their prime age ( 20 to 24) and send them home. Only a handful get permanant positions..
the problem is the dogshit theory first curriculum in Engineering colleges, 90% of Indian engineers barely pass out with any real knowledge useful for industry.
@@StraightEdgeNexus that's just not true. We wouldn't have record breaking number of foreign universities taking indian students for masters if that was true.
1. Lack of investment in education and healthcare 2. Freebies culture, reservation, corruption Main reasons why India is destined for mediocrity throughout the 21st century
The major problem of India is Casteism, Regionalism and Communalism. Many politicians just take the advantage of diversity and vilify one community and make them enemy of their core supporters. They do good work on paper and promote enmity between communities for votes. Even after 75 years of independence, the people of backward communities are facing inhuman discrimination. They are denied opportunities which are normal to people in Europe. They can't do successful business, can't become influencers and when government give them opportunities then the privileged communities (out of jealousy) protest against it. [Casteism] There was movement in Maharashtra where anti-bihari and anti-Tamil forced led them exit Mumbai because of Bal Thakry. [Regionalism] After the BJP party came to power, many Hindus are becoming radicals criminals who are identifying and killing poor Muslims (sometimes rich). Many Muslims have been victims of mob lynching where the criminals are not just roaming free but are also rewarded. Definitely, when educated people criticise these activities, they are termed as Urban Naxals, Anti-National, Pakistani, Chinese etc. So nobody dares to question government when they sell tribal lands and make them landless, or wasting money on Statue of Unity and Central Vista. So I don't think so we can invest in our education and healthcare. Also, american funded terrorism also have done much damage to our infrastructure development processes.
Yes of course let us give reservation to creamy layer of backward classes. That makes no sense I agree reservation should be there , but only to a certain limited extent , in the end how is a sc person with subpar communication skills /education with a score of 75 more deserving of a seat than a general with decent communication skills / well educated with a score of 80. Merit is what will help develop our country, the youth is seeing the problems with reservation and are fleeing to countries where their mind is valued . I would like to conclude by saying I have friends of obc who have 5 cars , who's income is more than my family's. No I am not jealous but I am putting forth the question as to why they deserve reservation even now , despite being successful and making a name for themselves?
If you start from 1, growing to 2 equates to a 100% growth. That's not hard to achieve in the case of India where its massive population is its sole asset.
All i could say is Democracy. Although we take pride in it, it's a huge factor in the slow down of development or industrialization . That being said, a good leadership is a essential, doesn't matter if they are a dictator or democracy. Look at singapore, it's a highly developed nation but guess what it's a dictator style government and people are happy with it. I live in a Tier-2 city in Odisha, I see so much potential in this state and city but these damn people will not give you the land given any circumstances, they'll play with you and the road and logistics of the city is so bad that at some points it's so narrow that even a single small car can't pass. And the government is afraid of relocating them ofc because of votes.
yes due to democracy the vision is short term and people pleasing policies, and most of the leaders and ministers are under qualified . in china decisions are taken by rational intellectuals and they have a long term vision , for example people in delhi are welcoming a govt that ll give free electricity , who will give that money ??? if they focus on building infra , marketing on tourism , research and creating manufacturing that ll not happen . we should promote a manufacturing culture . we are now exporting cotton to bangladesh and they are using it to produce goods , why we are not using this to make a factory of our own. are we fools
Tribals are already at disadvantage, grabbing their land, building factory on it and giving them nothing in return will lead india to nowhere. People should remember india is partnership, not a single nation. You can't devlop someone at the cost of others.
An analysis of India should include the development in individual states because when you look at individual states, you'll find some with above-average numbers and a few that make South Sudan look like heaven.
@@mananghildiyal2675 I'm telling you bihar and uttar pradesh is dangerous tumor of India they are dragging india.while other states are competing each other bihar is busy doing open defecation.
also India needs to work more as a federation or give more autonomy to the states. We can't have UP + the Hindi belt dictating what the rest should do.
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
for me the reason for long term jobless growth is because of shifting directly to service sector growth (which do not create much job) rather than industrial growth(which is a job creating sector)
this needs to be seen by every indian, we get too low quality of education and ive seen reflection of that throughout my life, wether it be sub par teachers or useless degrees, it will all affect the future if government doesnt take it seriously now. liked so that more people can see and understand this very important problem.
One thing that worries me is that, now india has largest young population. But one day will come(around 2070) when it will become world's largest old population. At that time india will have to spend a big amount of its budget on pensions and social services.
@@roseangel1553robots can't be consumers and if youngsters are losing their job to automation then how we are supposed live then ? .. it's not like everyone is born genius who can beat early level AI adaptations
around 2045 we will lose our demographic dividend as in we will no longer have the advantage of having a huge youth population. fertility rate will be very less and there will be a huge dependant population as in children and the elderly. what will the country do then, I have no idea.
@@hollowsoul9870survival of the fittest. The clock making companies and calender making companies took major hit when we had both clocks and calenders on smartphones. so many people went unemployed but found their footing somewhere else or died. that's what will happen. it is sad but inevitable.
The problem of India is not straight forward like lack of spending education or infra. It lies in it's politics. Parties pursue policies that get them votes but are highly detrimental to the economy in the long run. Like overcrowding the government undertakings with unnecessary employees, wasting too much money on pension and stuff. Take the example of the roadways bus service for examples. They are always running in loss. If they get the heck out of the market, the economy will handle itself. Infrastructure works are common property and people care less about them when they are offered direct freebies instead. Like free travel in fucked transportation systems.
Great video. Surprised that TH-cam just presented it to me now. You missed a number of other factors that are holding India’s economy back. 1. Corruption at all levels of government. 2. No foreign investment due to extortion of foreign companies’ funds. 3. Poor supply chain connectivity (Foxconn leaving). 4. Caste system that promotes people based on their class and not based on their merits. 5. Extreme import protectionism resulting in non-competitive manufacturing sectors. No particular order.
many of this data is wrong and based on 2020 2021 2022. Either there are lot of librandus in comment section or either people are dumb of western puppets
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
Watched your video with interest. A small critique. The pieces do not add up in your presentation. You have compared India’s female labour force participation rate with Bangladesh and Vietnam’s, without explaining the reason for the lopsidedness. Bangladesh and Viet Nam both enjoy Free Trade Agreements with the EU and US, something which India cannot easily get by virtue of its large economic size. Leave aside the exception that is garments, and the labour force participation rate of women in Bangladesh should match or be worse than India’s. You also proceeded next to cite India’s poor education standards as part of the reason for the low female labour force participation rate. The female workers in Bangladesh or Viet Nam, which you cited, are not given to education either; and at any rate, the quality of education in these places is poorer at the tertiary level. Do garment factory workers need any real literacy or education to operate? I don’t think so. That said, literacy and skilling of women in India is generally poor and has a long way to go. FDI: In a world where the appetite for investing in foreign markets is declining, to ask for a country to increase the percentage of FDI in the economy is counterintuitive. That said, India has registered consistent growth in terms of FDI, recently touching USD 100 billion. Much lower than China yes, but still. Exports: I would question the validity of the export-led growth hypothesis given that the largest market for Indian goods and services is inside India itself - a free trade area of 1.4 billion people. That India will have a current account deficit is a natural outcome given these factors. There will always be more people within India demanding Indian goods and services than outside of her.
@@cryptic1692 I don’t think you quite understand how GDP works. The more transactions you have, the greater the GDP is. India is the largest captive market in the world and it would be foolish to want to secure growth via exports outside the zone. “Suck dollars”: not a great plan when the world is on the verge of de-dollarising.
@@yog7592 Never said that this is not real. All I said was that it was a half truth. He mentions GFCF but not the NPA crisis or how it was solved. India dodged a massive bullet there, but it is not mentioned at all. Also, cherry picked data of GFCF is not taken beyond 2020 figures. Since 2020, GFCF has gone up from 54 Lakh Crore to almost 80 Lakh Crore.
@@handcraftstreet3692 So he conveniently skipped out on mentioning "details" that flip his narrative over its head. Sounds like propaganda to me. Just for reference, as per World Bank data, India's GFCF in 75 years since Independence is $14 Trillion. HALF of that ($7 Trillion) has been spent in last 9 years alone. And another $7 Trillion will be spent in next 6 years at the current pace. That is the reality of GFCF. All this despite the NPA crisis similar to the one which put an end to Japan's pre-1990s era growth story. This is the reality of it.
In a democracy as big as India, often it hinders the pace at which countries like China move ahead with policies. In India populist schemes are burning through the budget and it's hard to revert from such an approach due to public outcry over them . Farm laws are an example of how India wanted to bring reforms into the agriculture sector but couldn't break through the populist schemes.
That is a lame excuse world. Most richest countries as per capita income are democratic countries, not dictatorship countries... so dumb is that how you feel good about yourself?
The planned farm laws were a way to help big businessmen make more money while taking away basic rights of farmers. These farmers from Punjab were empowered enough to protest and get them repealed unlike farmers in the rest of the country who cannot. A vibrant democracy is absolutely essential to make sure that hardworking and deserving individuals thrive. Not government cronies such as the fraudster who once was the world's third richest man.
@Richard Thomas bro most Indian know this and stay silent, and there are minority of extremists they want dictatorship because they want hindu rastra(nation) they think it will make them privileged and powerful but they don't know or doesn't want to know that they are used as labour for themselves(politicians) and rich people
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I believe we are missing out an important point - Underdeveloped manufacturing sector. Usually, economies grow from Agrarian to Manufacturing to Digital/services but India directly moved from Agrarian to digital/services, we don't have well developed manufacturing sector as we didn't get that time due to first mover advantage of other Asian economies as China! Therefore before investing in education or healthcare, govt should focus on bridging gap of educational institutions and industry requirements. Later they should fuse money into education infra and healthcare.
Imagine if the government spent money on education and infrastructural development instead of army in the past and now we are living under the colonization of China. And you are watching this video with a title of "What mistake India made which led the defeat against China" and people commenting "Indian government should've focused on army when it was needed".
This was a nice overview, it actually helps understand what needs to be solved. Education system in India makes youth useless in the market. We learn no skills. Btw great video keep it up.❤
As a Indian, I'm grateful to you for highlighting the bitter truth underneath the shining/ rising India. I'm surprised my fellow Indians are prepared to swallow the bitter truth rather than troll or attack you! One simple metric says it all - if India share of the global economy was proportionate to its share of global population that is 18% than our nominal GDP should have been 17 to 18 trillion usd. It was so last in 1800
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
one primary hurdle in india's growth story is acceptance of corruption . we know it as a fact from a peon to the PM everyone is involved in corruption & everyone is seem to be okay with it. the hate towards corrupt is not out of moral standing but aspirational , everyone wants to be like that rich guy next door but also hates him cause he haven't got the opportunity to make money yet.
yes due to democracy the vision is short term and people pleasing policies, and most of the leaders and ministers are under qualified . in china decisions are taken by rational intellectuals and they have a long term vision , for example people in delhi are welcoming a govt that ll give free electricity , who will give that money ??? if they focus on building infra , marketing on tourism , research and creating manufacturing that ll not happen . we should promote a manufacturing culture . we are now exporting cotton to bangladesh and they are using it to produce goods , why we are not using this to make a factory of our own. are we fools
@@cryptic1692 yes we indians are fools. USA is also a democratic country. This is not a problem of democracy. This is because of the politicians, and lack of dedication towards country. North Korea is also like china.
*All of this is true of India. Hopefully, the administration will heed these cautions and take action to address these shortcomings, especially with regard to the necessity of making investments in human capital like education and health. South Indian states have done this, and as a result, they now account for half of India's GDP. There is a lot of unrealized potential in the north.*
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
The scenario of both these nations are completely different If india had a single party democracy that promotes state sponsored capitalism or if nehru was capitalist then the current scenario would be different
The thing about nehru is that He was the first pm of india and he saw British raj's exploitative capitalist policy and for independence fighter of that age capitalism was the way to exploit poor indians in the same way as British raj did they didn't see capitalism as this shiny path to riches as we see it was colonialism for freedom fighters of the age that's why all people in power after independence were socialist and leftists
@@tyrionlannister6847 then who would you blame for the "Licence Raj" or are you even old enough to know about them? Also it was his socialist policies that drove them to bankruptcy and they celebrate the opening the economy in 1991 as if they had any choice LoL 😂...
@@PS-ug7nm While it is true that the License Raj was a result of excessive government intervention and regulation, it is unfair to solely blame Nehru for it. The License Raj was a complex system that evolved over time, and it was not the result of a single individual's policies or decisions. Moreover, Nehru's socialist policies were aimed at promoting economic and social development in India, especially in the early years of independence when the country was still struggling to overcome the legacy of colonialism. While some of these policies may have been flawed, they also had positive impacts on India's economy and society, such as the establishment of the public sector, investment in education and healthcare, and the Green Revolution. It is also important to note that India's economic liberalization in 1991 was not a choice made out of celebration, but rather a necessary step towards addressing the economic challenges facing the country at that time. The License Raj had led to a stagnant and uncompetitive economy, and the government had to take steps to reform and modernize the economy. While there were certainly challenges and criticisms of the liberalization process, it ultimately helped pave the way for India's economic growth and development in the decades that followed.
The main problem with the youth of India are that they are heavily influenced and brainwashed by their parents to just try competitive exams for govt jobs whose acceptance % is less than 1% as a result about millions of youth waste their energy in just trying to crack a stupid exam to get a job rather than trying to upskill themselves learn practical industrial skills and contribute to the workforce which would take much less time than taking multiple attempts to just clear govt exams atleast get a job before sitting for these exams and learn industry relevant skills. More than the government I would say the youth are also equally responsible for the current sorry state of the country.
if economics from an outsiders' perspective is this bad then from an insiders' perspective its even worse, its estimated only around 4 % of budgeted funds really reach to population, rest is eaten up by corrupt contractors, employees with ties to local leaders.
Thats actually very true, India needs to increase Education and Health care share in its GDP. But, on bright side, the current govt has done a very good job on various other parameters like infrastructure, etc. But yes not enough in Education sector
You can't compare India with China as India opened its market in 1991 after going bankrupt where as China opened its economy in 1978. They started earlier so obviously they will win
@Jack Smith US is a immigration driven country. Immigrants don't live for free. US imports the best minds Doctor lawyer Engineer Scientists Brain Drain is a thing.
Good explanation!! Amazing. But only thing to remember India has that type of circumstances where it could not help but improve its military, which would protect all of its manpower and infrastructure. Speaking of future India may not seem as a good candidate to become the superpower in the near future but would eventually be when all of us are either old or dead. Because all those military power brings you respect from other global powers and small countries which in turn brings opportunity. That is how all the super powers right now became super powers.
What military power? Your aircraft carrier is Russian. Your top fighter jet (SU-30MKI) is Russian. You can’t even independently develop a main battle rifle.
@@ParadoxlnABox You're right! We did mistakes and indeed we've paid a huge price in the past. But slowly and steadily this is happening. Speaking of military power we stand at 4th position enough to make other countries stop imagining going against India.
@Utkarsh Gupta thank you for actually engaging with a coherent and thoughtful answer. I disagree about China’s weapons system. They were able to design the J-10 fighter, reverse engineer the SU-27 to the J-11, J-15, and J-16, as well as the J-20 and J-35 fifth gen fighters. You may argue that some of these platforms were largely derived from other fighters but everyone copies. India as of right now, cannot independently developed advanced jet engines, radars, aircraft subsystems, etc. It will be tough to achieve superpower status without a capable military industrial complex. I think a big problem with India is that there is a massive brain drain of talented Indians that are moving to the West the first chance they get. For example, Sundar Pichai, the CEO of Alphabet/Google was by all appearances a very smart individual who did his undergraduate at IIT, a very good school. The problem was that right after that, he left for America to do grad school and then never returned. Instead of using his intelligence and talent to support India’s development, he’s now in America, where let’s face it, there is a lot more opportunity. Indians are proud of these highly accomplished people like Pichai, Nadella, Krishna, Narayen, etc. The problem is they’re all talented Indians that have left India and are contributing to another country’s success. To become successful, India has to become a destination for talented individuals, not the other way around.
@@stoicist5657 India does spend a decent amount on its military. However, in terms of bang for its buck, it’s significantly behind other top military spenders like the US, China, and Russia because those countries have well developed arms manufacturers who can independently produce most of what the country needs. India pays inflated prices for its armaments from other countries or licensing costs to domestically manufacture. For example, India even needed Russia’s help to develop the AK-203, which will serve as its new main battle rifle. As a result, according to The Economic Times of India, the cost of one AK-203 produced in India under license will be 70 thousand Indian rupees. Other countries that can independently produce their armaments can get more for less.
I just cant appreciate enough how you have shown all perspectives, including the positive ones, which just goes on to show its a really well researched video aimed at actually educating people, rather than manipulating them. I wish the Indian populace was much more involved in active functioning of the government through letting their wishes known to the people in power and forcing them to implement those policies which people see fit, rather than waiting 5 years to change the government, which almost results in the same policies.
It definitely has better healthcare than USA but not as good as UK or China. There is also massive opportunity for medical tourism. India also need to keep capitalism away from Himalayas.... It can lead to massive environmental destruction.... dragging Himalayas behind and eventually causing problems in northern plains. Every country doesn't disturb few places ... Himalayas is that place for India
Debt to GDP ratio figure includes private debt and borrowings. Government debt is less than 20% of the GDP. Primary school enrollment is now close to 100%, literacy rate is above 80%.
@@joexavier2287 definitely but except they are doing well than other developing nations,we think they are under performing just because we are comparing them with china if your compare with other African or asian developing countries so they doing well.. but need more yes . 🇻🇳❤🇮🇳
I think one more issue that hinders development of india is lack of carrier options. Sure we have science commerce arts, but there's barely any people who take arts these days as compared to number of people majoring in stem. Everyone is fighting for white collar jobs, and most don't even like what they're doing but they have to anyway to feed their families because that's most stable choice. Just imagine if we had more advanced sports available as a possible carrier choice. Also kids nowadays are put under so much academic pressure to be ahead of their peers and be skilled beyond their age. There's not much left to enjoy the childhood. These kids need these physical activities. The only sports we got is cricket and kabaddi but that too only on national level at most. If india has international level of various sports there would be slightly less competition and more jobs. Now I don't know much about sports since I've myself been more focused on academics all my life but recently I had this thought and it's bugging me ever since.
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
Summary : 0:34. comparing India vs China 1:30 Indian population 1:43 labor participation 3:07 mega factories 3:29 education and skills 3:50 public expenditure on education and healthcare 4:15 labor productivity 5:40 fixed infrastructure investment 6:10 lowered foreign investments 7:25 Debt to GDP ratio 8:22 widened trade deficits 9:20 lack of manufacturing capacity 9:46 opportunity for India; derisking away from China
I am Turkish, in India you get 10 types of food and dessert for 10 dollars, I saw it from a Turkish youtuber, in Turkey you can eat something dry bread sandwich for the same money
In comment section everyone saying only two to three memorized word only i.e. Lack of education and infra. But in this comment section no one talk about the biggest weak point that is OVER-POPULATION !!
It is easier to show one side of the story by presenting selected facts What about the number of expressways being built? what about 100% rural electrification? what about lifting 300 million plus people out of poverty? what about world's largest healthcare program being run? what about targeted delievery of subsidy and services with neglegible leakages? what about GST ? (although it took time but increased the transparency collections) what about banking system reforms and NPAs which came down? what about the controlled inflation? (when all your advanced economies are crushed by it) I can count a lot of things but this video is just for building a narrative There are problems and as a developing country with highest population in the world we are doing quite well
You have good points. The message i got from this video is that its not enough. We have to grow alot faster or any growth in any sector will not be significantly helpful.
@@kabirjoshi9326 yes I agree but I really don't understand why this video is presenting data which is so not true and that too without facts. For example it talked about transportation infra but did not tell about the railway freight corridors, nor the daily 40 km of Greenfield highway being constructed daily, it talked about power infra but did not talk about the additional electricity capacity added through green resources (solar, hydro, etc), also not about the fact that India is the country among G20 on track to achieve the NDC on increasing the renewable energy capacity to 450GW and also reducing emissions by 25%of GDP from 2005 This video just shows that India is poor, it has bad infra, it has power leakages, it is far behind china. It has lowest PPP. It has bad education system, it's workforce is inefficient as well as non skilled. STILL THIS VIDEO DID NOT ADDRESS THAT INDIA IS THE FASTEST GROWING MAJOR ECONOMY. This kind of videos have started popping up in my feed ( which are very general with negatives and no facts) and I know all of this is for building a negative narrative about India cause the elections are coming next year.
You see I'm Egyptian and our president focused on electrification and roads and all that bullcrap I was happy about it at first until i realised the dollar went up from 7 L,E to 50 LE I tell you the only thing that's gonna make good change is only FDI AND actually the one good thing done is lifting people up from poverty as it also increases market size and enables the government to pressure foreign companies with high tech to share some technology and machinery if they wanna work in india Peace@@yoda5084
The problem is everyone wants each & everything up to date tip top in only 10years of Regressive work for betterment of india. Its not easy in a democracy..india is not an autocracy like china which can empliment any rule on its citizens without backlash...we live in a county where some of its own citizens are its enemy...they protest against any developments either funded by NGO or by their personal believe or for their profit...there are many hurdles involved in india either by some foreign country organizations ETC....we should look at all aspect of the problm and then comment...the amount of development india has done in past 10 years are astonishing...Good luck to india for its future..
@Football-Pundit mujhe to bohot se investments dikh rahe Hain, last 5 years me shayad 200B$ se zyada ka FDI Ayan hai. Electronic manufacturing me bhi india ka growth shaandar hai. Specially Defence sector me to make in India bohot acch chal raha hai
@Football-Pundit .. poverty rate , defence industries ka performance just 7 year pehle ka aur ajj ka compare Karo, tremendous farq dekhoge. Agr china jaisa Banna hai to unke tarah steps bhi lene honge , labour laws and land acquisition aur bhi zyada industrial friendly karna hoga , Labour unions ko illigal declare karna aur bhi bohot aise steps lene honge ki fascism ka matalab pata chal jayega public seh nahi payega. Mamta ko bhi me utna fascist nehi Manta aur BJP to usshe kafi better hai.mere hisab se BJP se better option abhi Nehi hai .
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You are awesome :)
I think COVID has really affected the stats like government budget deficit and debt to GDP ratio
I want to join your team, if you will allow me.
Pleaes explain Pakistans economic situation.
@econYT Can you please make a video on Bangladesh's economy?
The biggest problem is the caste system where the 0.00001 percent brahmins control the country and are basically the master caste while everyone else is lower. And America perpetuates and sustains through the import of brahmin academia and elites into america
This Comment section is the reflection of our Education System. We just can't take criticism. There are endless flaws in this country but people are blind by either their religion politics or caste politics . People will tell you visit Private hospital as they serve better but won't tell the government to give better service in the government hospital. People will buy an RO water Purifier and say we have a clean water at home but won't demand a clean Tap water which is a norm across the world . They would honk inexcusable on the roads, would spit anywhere and throw filth at random places and then crib about why our roads aren't clean. These are just Brainwashed "Think School " & " Study IQ" Audience, who can't listen to anything bad about India .
On point about everything and with the "Think School" bit. The only purpose of that channel is for the average citizen to start hallucinating about already living in a superpower.
Right bro this guy's watch only study IQ ,prashant dhawan , ankit awasthi on every issue they will take pakistan name to pursue views
And they will watch gaurav arya who is propoganda master of bjp who is brainwashing indian peoples by taking always pakistan names in between
If this video about hindu culture and indian richest then I can say there will be millions here comment like "no one mess with india"
@@ajitdurge7254 correct,how this channels can be called as education channel,it's purely a political channel
The problem with Indians is that we are happy with mediocrity. We start feeling proud to have the fastest growing major economy even though the growth only around 6%. China was growing at 12% at its peak.
Agreed, I could say it's because the standards have been set too low for us, but then I go back and see the economic growth during UPA 1 and UPA 2 regimes.
That might be because we are proud of all our achievements…be it small or big…cause maybe unlike other countries there’s a sense of the nation being one community…sure there are problems…but still I do believe that people do believe in this nation…as it is much more of an emotion than just another piece of landmass
May have sounded hyper patriotic or stupid…but that’s what I think
Beta hum 12% se upar grow karenge ek dum se kuch nhi hota
our 5 big states
UP, RAJISTHAN , MAHARASTRA , TAMIL NADU and HYDERABAD are working rapidly on infra to take them to 1 trillion gdp and even japan has invested in
north east india to get them on parallel stage
@@ashutoshbhardwaj7514 😂 You sounds like a kid, the author himself pointed so many loopholes in Indian economic system, but I think you're not capable to understand such informative ye complex talk. He just stated facts, whether you agree or not. You need to learn some basic economics.
Typical slave mentality....will take few generations to get off it
The problem with India is its inequality within regions.
South India and West India are growing rapidly and are comparable to South East Asia. While 2 states Uttar Pradesh and Bihar combined has more population than USA but a per capita income lower than some of the subsaharan african countries.
UP and Bihar should be divided into smaller states. This is the only for development in that region.
@@Farhan-jsj dividing a big province into smaller provinces has had a positive effect.
@@NaSaSh1087 How will those small poor provinces generate revenue? From your arse?
@@IndianHinduGigachad not @rse you shameless Telangana, Chattisgarh, Jharkhand, Uttrakhand, haryana all richer after separation. It's common sense that they get ignored when they a part of a larger state but get their due importance after becoming a separate state/province/UT.
@@NaSaSh1087 like Jharkhand and Uttarakhand
To my indian brothers and sisters..let us not get overjoyed when we hear praise and also not get angry when we are criticized. Our collective focus should only be to make our country a superpower. For that we need to put our heads down and work. Humari kaam hi humari pehchan banayega. Jai hind 🇮🇳
👍
This 👍
@@5004-x7o nice
That’s so different from how Americans feel. They don’t give a damn about their country being the wealthiest and most powerful superpower in history. No westerners in any country are anywhere near as nationalistic as Indians. We mostly just care about standard of living and corruption and government accountability.
It’s crazy to see that Indians are so nationalistic despite the fact that Indians have much lower standards of living and far more corruption at every level of the government. I was born in Canada but lived in India for 3 years, I know how bad things are over there. It’s a slum compared to Canada, yet the people are more concerned about becoming a superpower rather improving their infrastructure and quality of life.
Economic power is the most important factor of being a superpower. India will never be a superpower unless the economy becomes more efficient and productive, and government corruption is brought down to western standards.
I know you people love Modi, but he himself is very corrupt. It’s a systemic problem in India’s culture. People have just gotten used to it. When I lived in India I was very rich and my family has a lot of land. I could essentially get away with anything because I always had money to bribe the police. In India you can bribe your way out of any problems if you’re rich and a company can bribe its way to getting any government contract
Superpowder
Here in India people vote on the basis of religion and caste and not on healthcare and education.
If the country let go of the past and move on without blaming Muslims for all there problems then this wouldn't be a problem.
@@gamermomment2050 Modi is mainly the reason for this. His outward Hindu ideology has fostered anti-Muslim resentment.
@@gamermomment2050yes Muslim vote on the basis of religion
@@gamermomment2050 muslims themselves brag about their past and vote accordingly to who is more beneficiary for muslims alone not the entire nation.
@@gamermomment2050 plus its muslims who blame everyone for their own problems.
A huge amount of Taxpayers money goes as salary of government employees where productivity is very less sometime even negative.
That's because of Politicians. Government employees have to serve politician not the people.
@@mogleesh-22 nonsense. They are incompetent. And the biggest problem is reservation. Lots of those government jobs are filled with those reservations unskilled labour who don't have any experience or knowledge about the job and got it just because they are so called backwards or their parents were on that same job.
And politicians keep that system because of vote bank politics.
I have 6 members in my family who are working in government job and know enough from them that most of this employees are absolutely incompetent for job.
Modi paid
Because govt controls employees not people fool
dont forget these government employees also pay taxes as much others do.
India is a democratic country you cannot just walk up to Indian people and tell them to leave because you want to make a factory on thier100 year old ancestors house. There is a lot of due diligence that goes into it and then there is opposition which wants to gain power with any means necessary. Dictatorship can silence any opposition and close it border to any outside journalism. India also have the worst of enemies on two thirds of its borders. Vulnerable to proxy wars on both of its borders.
That’s right hard to grow 8% to 9% when you have to consider many factor before striping up a factory and at the same time doing well. Takes times on a democracy that has to listen to different views. Also this video praised the ccp to much. When ever do they care about their people and their prospects with long with long term in mind. This video was too pessimistic. Southern half of India invests in education and literacy rates and infrastructure too are improved. There are challenges but positives too. If it was easy it would all have been resolved. No country has truth squeezed every last bit of growth each year. China built but did too much with little checks and balances and no criticism allowed to keep it in check. Lots of money wasted on useless infrastructure. In a democracy a big debate and lots of criticism can having asking is an infrastructure project worth so with more consideration less money wasted on them with is better than the economy so India in the long run will have better economic growth than China from the starting point of economic development. 2020s will have two contrasting stories between the two countries economically.
These are excuses. There have been mistakes & still we people are making some mistakes which maybe in next decade we will discuss. The fact is Cointries like USA Became no.1 cuz they did grow more than 10% even when they were fighting wars & also during Cold wars also being Democracy. What is happening in India happened in US long ago.
The fact is Competition make you strong. Neither China is going anywhere nor Pakistan ( maybe for next 2/3 decades).
This is reality & we have to cope with it.
Govt & some so called YTbers say Indian economy is great even its in 6.5% growth which is misleading. India need 10+ growth to catch China & US. Cuz China's 3% growth is thrice more money than India's 6% growth.
@@darknebula455US most of the time was finding the war and making the capitalist more rich by printing more dollars and using tax payers money.
Also China doesn't care about its citizen and make them work hard labourers. And i think most of China's GDP is artificial growth.
India just struggle with its inefficient political system, due to people welfare policy and corrupt politicians. Whereas China is just dictatorship with its people and in USA capitalist just control the govt.
@@ausriusdidziokas6771 you are really naive if you think the Chinese government doesn’t care about its citizens or doesn’t consider things in the long term. You have it quite backwards. Although the government there is unelected, they still must convey legitimacy somehow. They have a tacit social contract with its citizens that although they do not have democratic rights, they will continue to experience a better life through economic development. It is because of this continued development that they have remained in power. Being a one party system, they also have the luxury of thinking ahead. They literally come up with 5 year plans, which means they think it terms of half decades at a time at minimum.
Contrast that with India, which is full of bureaucracy and red tape. To start a business in India takes several years just to get the license. Infrastructure is atrocious and the government cannot think longer than the next election, so cannot plan for the future. And talk about waste. Billions of dollars are wasted every year dealing with government bureaucracy to the point that very little gets done. Given the immense manpower and cheap wages, you would think India would have long ago replaced China as the factory of the world. Instead, the difficulty in starting a factory, poor roads and infrastructure to ship out the goods, and a poorly educated workforce has resulted in their economy stagnating when compared to its developing country peers.
@@darknebula455 how can you drag/compare USA here who was developing since 1774!! And went in world War in 90's lol!! And India is the country who is in war since their independence..
You are just a big "BKL", aata wata kch hain nahi muh se hagna start kar do🐸
The true problem is our governments are least concerned about basic human needs/ infrastructure. They are happy with filling their own pockets and showing off some world-class infrastructure in limited areas, while education and health care are overlooked on a broader scale. The chief reason for China's growth was its fantastic economic decisions which are rarely, if at all, implemented in India.
Robust education system? 😂
Implement what the Chinese did and you will have a civil war.
you won't live a day in Chinese education system lol
China is a homogeneous country. Do you actually believe that the country where diversity rivals Amazon Forest and Coral Reefs can apply a Single system? Last time I checked you're not supporting UCC
@@oksowhatI've lived months with 3-4 hours of sleep per night and 14 hours of study per day. I think most people who succeed in JEE ADVANCED do the same. I probably don't get where are u coming from.
@@whentheimposterissus8376
I believe that we don't even need a "single system" to improve the basic infrastructures of govt. schools which are the only affordable means of education for the masses. Yet, UCC looks like a good step towards the actual "singularity" we need.
And Do your "checking" wisely :(
All very true about India. Hopefully the government can take these warnings and do something about these short comings - particularly on the need to invest in human capital like education and health. States in South India have done this and they now comprise half of India’s GDP. The north has a lot of untapped potential.
even up is developing but bihar...
@@anitathakur9340 "Bihar me Bahar baa, kyunki Jativad ka bol bala ba, Vote bank ka chamak ba, Industry uka ka??" 😂
BIHAR IS A BIG JOKE irrespective of Parties
And the channel owner has liked this totally unfactual comment...😁😁😁😁
@Anita Thakur the kerala has no jobs either...they go to gulf like biharis go to other states to get jobs
You are absolutely correct
As an Indian, I agree with everything you've stated. Statistics are on point & still fools here portraits the government & its foolish ministers
Corrupted leaders rules ends up with Corrupted country
@@anonymous-ki3mnWell you did nothing instead of blaming the government. Corruption itself isn't the biggest problem. Corruption in India is not as high as people like to portray and it's not the biggest concern right now.
@@Lucifer-dd2nr every politicians except perhaps few are extremely corrupted looting people's taxes keeping them for their future generations. Could you name a minister or even a counsellor without having big money, how did they get all these, I don't think India will prosper with all these things & with senseless irrational voters
He have did some misinformation. Look at 6:37. He predicted an outcome as true even before it happened.
The reason some of them are proud isn't just religion and caste bs. This is what the opposition parties tries to get in ur mind and we all know how vindictive opposition parties are in India which try to gang up illiterate people against the govt whenever a good reform is being brought in (the same reform which they wudve brought if they were in power😂 but no they cant tolerate someone else bringing it). The people are proud bcoz atleast now we're headed in right direction, now India is recognised in world stage, the growth is slow but steady and its just the matter of time when it'll shoot up. We have more belief on the current govt rather than the a**holes who just plainly looted India for 70 odd years both monetarily and culturally!
For India the benchmark of economic progress is comparison with Pakistan. Really I'm not even exaggerating. When things are not particularly well , they be like "Well at least we're better than Pakistan"
Don't forget Afghanistan !
such a low standard
While it is a very low standard to compare to but it is very devoid of mediums of biases because both nations had similar starting point in economical, societal, political development. Well you can't compare a post-colonial country to a former colonial masters.
That is certainly accurate.
Modi: "India exports software, Pakistan exports terrorists"
The Indian government spends more time trying to distract the Indian people by deflecting blame to China and Pakistan, rather than focusing on the many problems that plague the country.
no its not.if india had to do comparison with pakistan,it wouldnt have become the 5th largest economy in the world.
Indian education is busy looking backwards at vedas. Mythology by itself is not the problem. But making mythology the center of education is the problem.
Brain sound therapy can increase physical and mental health and intelligence.
Find ur Jesus father
Kuchh bhi
Education system is getting improve
Same bureaucracy(IAS, IPS, IT'S officers) that is glamorized and put at a very high pedestal is the biggest barrier in India's growth.
@@gagan4127 Why don't you do their job then
@@AcidiFy574 why should we do their work ? Are they being paid to sleep on files ??
@Vladamir Ambani IAS IPS profession is being overly glamorized among youths of India hence our brightest mind join these services, where by the nature of its job is to only administer they don't add anything to economy. Hence no development is happening
We should tweak the system to be more efficient.
😂😂😂 in your dreams lack of funds are the reason burocrates are puppets of politicans they won’t give proper funds ….
India's frustrating bureaucracy is the main problem that has kept foreign investors away
Sometimes it is good to keep foreign companies away
@@Hari-th7bv bhai foreign companies ki bat nhi kr rha
Those alien companies who are planning to have a plant or a branch in India gets affected by this
@@elon-gatedMusk-rat so what
India needs to protect it's markets
@@Hari-th7bv foreign investors and foreign companies are two different things.
@@AcidiFy574 bhai aap smjh nhi rhe .
I was amazed as the video was totally based on statistics and not on the opinions of so-called fake leaders and predicters, I believe the best way to strengthen ourselves is to know our weaknesses so that we could work on them and not just fool ourselves into that we are going to be the best.
Yea that's true.
Stats 😂... At 2.44 this guy cites world Bank and shows women participation in work force below Pakistan. This is exactly like the hunger and happiness index. Manipulate and berate.
@@harshbasudeo1039 chup chutiye toh logic se bath karna seek?
@@ios1577 ja be ukhaad le jo ukhdna hai.
🤓🤓
The thing that makes me frustrated as an Indian is the tourism sector.. It has very high potential but idk why the govt isn't noticing it.. It cost less to take care and promote the large number of monuments in India than to create new parks and statues
No one wants to walk on dirty and crowded Indian streets, India needs to plan it's cities
Why would anyone wanna visit india when you hear news about tourists getting harrassesd, indians roads are dirty. Look at the condition of public transport. I see people spitting on roads openly. India has a huge potential but it's people never change. If people changes half of our problem would be solved.
@@randomclips42069 NGL as an Indian i do think that's the major reason why the tourism sector hasn't developed in India it's all about the mindset of people if the mindset of people here gets solved I'm pretty sure india would both develop a great soft power and an emerging tourism sector
@@randomclips42069ormaly I don’t comment in social media. But your comment made me to. You’re right.
Nothing will change as long as people don’t change.
@@rudransh044many countries have much less tourist attractions but get plenty of tourists
Adding to the problems, corruption is one major problem. That 2% India spends on education and healthcare doesn't reach the people. I would assume almost half is either fall in the laps of corrupt politicians and bureaucrats or remain idle. There are States in India which get more money than they generate yet their state is underdeveloped.
Blindly increasing expenditure on healthcare and education would not solve the underlying problem. What we need is better policies and robust system to tackle corruption.
Moreover government teachers and college lecturers don’t go to school, just sign the attendance register and back home enjoy ur free life. I have seen “sports room” with 2 footballs and 100s dusty and broken items . Like no one gave them to kids , and moreover government school kids are roaming around . These principals and teachers are also the problem . Only solution is make government employees’ kids study in government schools . Withonh 6 months every school will be equipped with best facilities when IAS , politicians kids will study in government school
@@Rainbowpandemonium exactly.
Thankyou for speaking the truth about my country, many times people get caught up in the surface level data and don't bother understanding the very deep rooted issues facing India. This limits the country from progressing, I think for change India needs to be sure of what it is doing wrong.
Beta ye channel Indian hi h aur ye log india ka map bhi galat dikha rhe h
@@ansavatsa7370 sahi map dikha raha hai
@@rishavkumar1250 kasmir se pok gayab h dhyan se dekh
@@ansavatsa7370 lets not focus on that issues education and heath is necessary but pople want temples and religious rights
@@ansavatsa7370 00:30 dekh lo
One of key factor is education. People don't want to grow themselves by using new options & experiments. Even the degree holders don't have the knowledge but just that paper of certificate that creates real problem. Corruption & lack of job opportunities led India to lose it's bright minds to US & other countries.
@@triggeredgamer206 yep I can tell Indians education system is so bad, this dude couldn't even speak proper English 💀
people are so dumb in india they will elect the criminal ( bjp) who have demolished economy , people do not try to find beyond the box they agree what is said by indian media which is run by elected parties ( bjp ) now they have banned 2000 note wtf is going on in india ?
Would you not say though that the sheer rigour makes people vastly efficient post education?
India has a similar issue as many of the nations in Asia, the degrees are worthless. They hold these certificates but the education they got is worthless. U sene this in like China and the stan nations as well. It's almost as if people got through with literally just money . Some of these places are so fill with culture and traditions that they can't learn anything that allows challenging thoughts
Only jobless weirdoes complain about education.
They complain about education even after doing PhD... Fact is some people are born worthless & are depended on comfort of parents, institutions, or irresponsible gov jobs..
As an Indian i don't think India would ever become a developed country
There are too many structural problems to address. No hope
Yeah
@@Shootingbloodfromyourc0ck yeah 🥲
I don't want it to be a developed country......i just want it to be a decent country with a decent system and wonderful people..... that's all i want.....
Until and unless this BJP government removed from tge power.
you hurt the feelings of Palki Sharma, Think School, Serpentza, Study IQ Subscribers so much
Indian states are not spending on education & health infra adequately, they are still behind appeasement policies like pension & subsidies to woo voters. Central institutes do not have that much space to provide education to all, it's the state govt. duty to turn around education & health at grass root level. Central Govt. need to increase spending on R&D and provide grants for state for Gross fixed capital expenditure.
But then there's the rampant corruption with the already allocated small budget for R&D funding and the healthcare system 💀 They have to resolve these problems before allocating more budget to them, or else it's all the efforts and tax payers money are gonna be spent in vain
lol bjp dude state are developing their side what central give small amount money.
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
One major thing most analysts forget about INDIA (while comparing with East Asia) is that 5 major wars & terror attacks forced the govt to spend more on Defence than Education or Healthcare
I don't agree with you, Its our fault that why haven't we made our economy so large that we can spend more on Education & Healthcare alongwith Defence. What you are saying is just a defence to prevent image, and defencing will not do any good, Instead we all should focus on how we can contribute in increasing Indian economy.
@@akshatverma1111 Of course, previous govts didn't spend on infra, basic facilities etc, but here I'm just pointing out a major factor that must be taken into account. We still need massive business friendly reforms but unfortunately they're termed as "Anti Common Man" or against the Labour or Middle Classs, we still haven't come out of the Socialist mindset.
The US economy is literally a war-drive capitalist economy. Post-2nd world war, they got themselves to this big shape was because of dependence on the defence industires. Blaming on military forces eating up large portion of budget is no brainer. India has its defence industrial complexes but they’re offering little confidence to both forces & local economy.
Recent education budget has been reduced too. Is India in war with any country?
@@AG-cv7fxwhat bullshit ? Fir wahi previous govt didnt do wala defense. Literally the same video showed how Capital expenditure fell from 2009 onwards. Check 5:40
India spends the lowest on R&D of all the G-20 countries in terms of percentage of our GDP.
This is why most of the IIT and IIM kids can't get good funding to create something larger as Stanford and MIT, despite the education standards being as good as the latter. You can't be a good engineer with just studying books, here's where we get beaten down.
R&D meaning?
@@tgburn6984 Research and Development.
So true. I have these ideas but no funds, these ideas would sure help me improve but they aren't that significant that I can spend so much time dwelling on them.
Still in top 5 most spending on r&d countries in terms of value 😂
Unity between people to work towards a common goal and help each other has gone down drastically in the country. People are competing each other rather growing together.
E tu saala hona hi tha
Competition is good
There's a conundrum regarding education spending. I've seen even the people from lower economic classes are sending their kids to private schools instead of government schools. Due to lack of students many schools, especially vernacular medium schools were forced to shut down, and there is less spending in education year after year. But these parents belonging to lower economic class, many times aren't well educated and work long hours, so they can't understand quality of education or aid there children with studies, further they're really ignorant about importance of education, I've seen many parents leave for their native places for months not bothering about their children missing out on schooling. This has lead to poor quality of education, because education doesn't stop at school, parents have to be involved with studies and give due importance to it.
There's also the point that system itself is redundant. Teaching patterns and methods are based on rote learning and memorization rather than application based studies, analytical thinking and in-depth understanding of concepts.
A lot has to be changed both in education system and mindset of the people.
People will start sending their kids to public schools if the govt spends more on improving the quality of public education. The poor should never have to send their children to private schools.
Every single point of yours is correct.
@@AmanKumar-de1kc seeeee..... that's the conundrum, poor won't send their kids to public schools cause they want top education so they can get out of poverty. And government won't spend more since they're not getting enough response in form school admissions.
i think india needs a different form of education like africa,,,,,the one thats pursuing purely academia and pieces of paper is useless in a climate and environment like india.
for most of rural india,they need vocational training to teach them how to be better farmers, using technology tools and modern techniques to improve productivity among 600 million subsistence farmers, they need vocational training for other types of low level occupations but is needed by society and contributes to the general economy as well, cooks in restaurants and eateries, car mechanics and electricians and plumbling carpentry etc....and the government needs to help these impoverish people set up their
and individually owned businesses might be too inefficient, the government needs to figure out a way how to get all the people in a village whose doing the same thing to work together as a collective so they can pool resources together, buy equipment and tools to improve efficiency and output and then share the spoils and profits.
Well for that the curriculum and syllabus need to change to cater to changing times
4:38 China: When its technocrats decide to dam a river, build a road or move a village, the dam goes up, the road goes down, and the village disappears. 😁👍
Dams is not good for water management. Good civil engineers have make dam under the earth level.
YE you are right, the old poor village disappears, and the residents relocated to new apartments in bigger town with new facilities.
@Jack Smith That exactly is the problem, China can decide to do something and do it the next day. In India, since its a democratic country, they need India needs to first get the land from the people, and then fight all the Human rights, environment and opposition groups against the development. And then finally do what they want to do. China has no issues with human rights, environment groups.
Also, India isn't begging. India is donating more money to other countries than they accept.
@Jack Smith and the Chinese People dying
for most of Chinese， relocation is a lucrative business in recent years. Yeah, we had some brutal practice in 10 years ago, but China improve so much about this issues recently.
One of the major drawbacks of Indian education system that this report does not cover is the irrational obsession Indians have over government university and jobs. The coaching industry for competitive exams is one of the biggest industries in the country and instead of adding any value to the skillset of the youth, they take away there most precious years by selling them a false promise of "cracking the exam". Almost all of Indian youth waste at least 4-5 years of their life when they are below 25 in preparing those exams. If they put those years even in jobs that pay low wage but give them good experience and enhance there skillset, their condition would be far better. But sadly, Indian families would rather have their children beat there heads into books than letting them work in a job that might harm their social status
True but nowadays low wage jobs also require a lot of qualification, not for purpose of job but due to competition. It's more about surviving for middle class general category people than it is about social status. Majority do it for survival, including me.
Coaching Mafias are a by product of the contemporary education system. If it's reformed then it be gone. Hope lies in NEP 2020 but considering the fact of fiscal federalism it remains a delusion that if its benefits remains universal or not due to decentralization of educational boards. And also the public expenditure for provisioning it.
Very good insight indeed
@@misssparkle6421you are Right too surviving urban cities with low-paying job is almost impossible, and the culture of Indians not leaving thier Parents is also problematic, India should introduce some sort of Social-security program for it's elder citizens that will Decrease the burden on thier childerns to provide for them
Indians also are obsessed with thier Societal image youth will burden themselves with Expensive marriages and Car loans just to maintain thier image.
India also have very Bad rural and urban division with almost nothing except informal jobs and Self employment through petty enterprises in Rural regions
Instead of trying to predict whether or not we’re going into more recession and keep losing your money, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every quarter according to Bloomberg.
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@@hushbash2989 that's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well.
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Scammers
@@mrblackmamba117 yeah they blame Indian call centres but the amount of these western scammers on TH-cam and Facebook is insane
What ever i understood from 2023 budget is that this budget would help reduce fiscal deficit by a lot.. also the infra budget has been increased.. education and the skilled workforce still needs a big revival..
just hoping after infra the education sector is reformed next
Infra budget is increased for the government budget, 80% of capex exp is done by the private sector and that is still very low.
Looking at Gujarat's performance in health and education sectors while Modi was in power, its very difficult to see this govt doing anything about H&E
Now they draining money by increasing gas prices
@@EngineerFormidable I don't think that'll be possible when we need at least 30 billion more on defence
Guys please be careful with some data,
Some figures quoted in the video are either out of date or incorrect.
Really
Fool
It's interesting how, for the sake of this topic, China's communist system is praised for making "rational" decisions; while on almost all other forums/platforms, and in every way possible, the same Chinese preference of communism over capitalism and/or democracy is vigorously criticised...
China practices capitalism in the name of communism.
china is not communist. It's a hyper capitalist country. The workers in china have a lot worse conditions and less rights than in India or in the West
Exactly, also notice the absence of international borders on the J&K as well as the NE side in the map. I immediately started taking everything with a grain of salt after that.
So what did India's democracy save you?
@@铃梓-r8m 1)Tiananmen square massacre 1989.
2)The Great Leap Forward of the People's Republic of China was an economic and social campaign led by the Chinese Communist Party from 1958 to 1962, 15 million deaths.
3)COVID-19 lockdown in China, Doors sealed from outside, Killing of pets, government authorities will drag you and your family from home shoved in van and put you in Isolation.
4)One child policy.
5)Hukou system in china. China's Internal Passport System - Country Folk Can't Enter the Cities.
6) When a local bank goes into debt, you're money in the bank gets freeze, And police and court won't do anything.
7)The Social Credit System is a national credit rating and blacklist being developed by the government of the People's Republic of China. He social credit initiative calls for the establishment of a record system so that businesses, individuals and government institutions can be tracked and evaluated for trustworthiness.
8)Global social media platforms like TH-cam and Facebook/Instagram and foreign news channels are Banned, If you comment on CCP in Chinese social Media apps like WeChat, Sina Weibo, Tencent QQ, Tencent Video, Xiao HongShu, Douban, Zhihu, Meituan, Toutiao, and TikTok. Your account will be suspended or you might disappear.
9)Religions freedom isn't there, People needs hope to go through tough times they pray to gods, But when CCP takes and beat the religion out of you, you only think of day to day survival which is sad.
10)Last point Democracy gives people power to assign and remove the leader based on his performance and decision making, If there's no consequences by the action of a person he will do anything without fear.
If you're ready to face these things in India and let the government have total power over you and your family/Land/Money. Then please to obtain a citizenship in China.
You could've given Switzerland or Singapore Example.😉
Just a correction that inclusion of females in the labour force in India which is much lesser than other because it excludes unorganised sectors participation which is the backbone of the Indian economy. in unorganised sectors whose data is available on E- Shram portal of labour ministry shows that female participation overtook many countries.
Still it's very less
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Purchasing stock in companies that are anticipated to have steady demand even during a slump is an obvious approach to invest for a recession. These companies typically include household goods, energy, and healthcare providers. Of course, an average Joe cannot make such selections; a financial counsellor is crucial in this process.
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After Watching this video I feel too negative about Indian Economy but as an Indian my self I can counter some points that help India to Leap Frog Jump in the future.
1. We have over 120 million people that are well educated in English language which is second largest English speaking population in the world.
2. Very Robust and well regulated Banking sector. India banking sector is very strong and done very good job in implementing banking regulations. These banking cleanup happens after a major banking crisis hit in 2016.
3. Digital Payment: Nearly 800 million people in India rely on digital payment and India has record high Digital payment which makes the flow of money easier. Just Google India UPI story you will get Idea how big it is.
4. Credit Crunch: Indian population don't have habit to use credit card but with the increase in young population rate of using credit card is increasing 30% per year which is very high. So in near future demand in India is usually going to raise.
5. Stable Government: Indian democracy has an stable Government as for 10 years and people have strong confidence in the government.
6. Reverse Brain Drain: Just Google it you will get the numbers.
7. Raising Statup Culture: India has produced 100 unicorn in just last 4 years which is very impressive.
Thanks
dude the videos are really entertaining and you're channel is so underrated really appreciate the work and the animations.
The best video I've ever seen on the Indian economy,not only the video had perfect details and analysis but also great animations , videography and editing
very well reaserched . thank you.🙏
This video captures the reality so well. The lack of focus on the health and education is keeping India poor.
Indian education system is not the reason of the level of unemployment. The reason is there isnt much jobs . Most of the times, a candidate is overqualified for the role. People's degree certificate are worthless not because of the education system, but it's because a engineering degree it's not worth if the application is for a lathe operator in contract.
Tbh Indian youths are exploited by big mncs. I know my friends who are not financially gifted had to go to machine operating jobs in companies like Yamaha, TVs, wabco, for salary of 12 to 16 k ( 150 to 200 US dollar) a month after finishing engineering degree in some decent engineering colleges like St Joseph, panimalar etc.. the worst part is they are not permanant employees. These companies will hire freshers from colleges on contract for few years and promising permanant position based on performance, juice them out their blood in their prime age ( 20 to 24) and send them home. Only a handful get permanant positions..
the problem is the dogshit theory first curriculum in Engineering colleges, 90% of Indian engineers barely pass out with any real knowledge useful for industry.
@@StraightEdgeNexus that's just not true. We wouldn't have record breaking number of foreign universities taking indian students for masters if that was true.
1. Lack of investment in education and healthcare
2. Freebies culture, reservation, corruption
Main reasons why India is destined for mediocrity throughout the 21st century
The major problem of India is Casteism, Regionalism and Communalism. Many politicians just take the advantage of diversity and vilify one community and make them enemy of their core supporters. They do good work on paper and promote enmity between communities for votes.
Even after 75 years of independence, the people of backward communities are facing inhuman discrimination. They are denied opportunities which are normal to people in Europe. They can't do successful business, can't become influencers and when government give them opportunities then the privileged communities (out of jealousy) protest against it. [Casteism]
There was movement in Maharashtra where anti-bihari and anti-Tamil forced led them exit Mumbai because of Bal Thakry. [Regionalism]
After the BJP party came to power, many Hindus are becoming radicals criminals who are identifying and killing poor Muslims (sometimes rich). Many Muslims have been victims of mob lynching where the criminals are not just roaming free but are also rewarded.
Definitely, when educated people criticise these activities, they are termed as Urban Naxals, Anti-National, Pakistani, Chinese etc. So nobody dares to question government when they sell tribal lands and make them landless, or wasting money on Statue of Unity and Central Vista.
So I don't think so we can invest in our education and healthcare. Also, american funded terrorism also have done much damage to our infrastructure development processes.
Yes of course let us give reservation to creamy layer of backward classes. That makes no sense
I agree reservation should be there , but only to a certain limited extent , in the end how is a sc person with subpar communication skills /education with a score of 75 more deserving of a seat than a general with decent communication skills / well educated with a score of 80. Merit is what will help develop our country, the youth is seeing the problems with reservation and are fleeing to countries where their mind is valued .
I would like to conclude by saying I have friends of obc who have 5 cars , who's income is more than my family's.
No I am not jealous but I am putting forth the question as to why they deserve reservation even now , despite being successful and making a name for themselves?
The president of India and chief of isro are dalits .
India is like an Elephant 🐘
No one can stop this country from growing 👍
If you start from 1, growing to 2 equates to a 100% growth. That's not hard to achieve in the case of India where its massive population is its sole asset.
@@AndorranStairway what?
@@agrajyadav2951 math
All i could say is Democracy. Although we take pride in it, it's a huge factor in the slow down of development or industrialization . That being said, a good leadership is a essential, doesn't matter if they are a dictator or democracy. Look at singapore, it's a highly developed nation but guess what it's a dictator style government and people are happy with it. I live in a Tier-2 city in Odisha, I see so much potential in this state and city but these damn people will not give you the land given any circumstances, they'll play with you and the road and logistics of the city is so bad that at some points it's so narrow that even a single small car can't pass. And the government is afraid of relocating them ofc because of votes.
yes due to democracy the vision is short term and people pleasing policies, and most of the leaders and ministers are under qualified . in china decisions are taken by rational intellectuals and they have a long term vision , for example people in delhi are welcoming a govt that ll give free electricity , who will give that money ??? if they focus on building infra , marketing on tourism , research and creating manufacturing that ll not happen . we should promote a manufacturing culture . we are now exporting cotton to bangladesh and they are using it to produce goods , why we are not using this to make a factory of our own. are we fools
Only 10 years ago...POSCO steel wanted to build a steel factory...but Naveen Babu wouldn't give them the land..because of tribal votes.
@@amritmohanty1937 yes , then they why other people of odisha giving votes to him. are they mad or wot ??? .
Tribals are already at disadvantage, grabbing their land, building factory on it and giving them nothing in return will lead india to nowhere. People should remember india is partnership, not a single nation. You can't devlop someone at the cost of others.
Give good compensation to them along with stable income job
Everyone will give land.
An analysis of India should include the development in individual states because when you look at individual states, you'll find some with above-average numbers and a few that make South Sudan look like heaven.
bihar 💀
@@mananghildiyal2675 I'm telling you bihar and uttar pradesh is dangerous tumor of India they are dragging india.while other states are competing each other bihar is busy doing open defecation.
also India needs to work more as a federation or give more autonomy to the states. We can't have UP + the Hindi belt dictating what the rest should do.
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
@@mananghildiyal2675Bihar jharkhand, rural regions of Madhya Pradesh, UP, Chhatisgarh.
for me the reason for long term jobless growth is because of shifting directly to service sector growth (which do not create much job) rather than industrial growth(which is a job creating sector)
Rarely seen comments in here that honestly and truthfully revealing the actuality that India is having and facing.
this needs to be seen by every indian, we get too low quality of education and ive seen reflection of that throughout my life, wether it be sub par teachers or useless degrees, it will all affect the future if government doesnt take it seriously now.
liked so that more people can see and understand this very important problem.
True.. share this to your right wing friend and social media who think India is best and everything is going good and lives in denial
One thing that worries me is that, now india has largest young population. But one day will come(around 2070) when it will become world's largest old population. At that time india will have to spend a big amount of its budget on pensions and social services.
Not a problem at all.
Most scientists believe that by 2045, most of industries will be on automation mode.
@@Commievn automation has already started that's why alot of freshers are unemployed. and this unemployment will increase with time
@@roseangel1553robots can't be consumers and if youngsters are losing their job to automation then how we are supposed live then ? .. it's not like everyone is born genius who can beat early level AI adaptations
around 2045 we will lose our demographic dividend as in we will no longer have the advantage of having a huge youth population. fertility rate will be very less and there will be a huge dependant population as in children and the elderly. what will the country do then, I have no idea.
@@hollowsoul9870survival of the fittest. The clock making companies and calender making companies took major hit when we had both clocks and calenders on smartphones. so many people went unemployed but found their footing somewhere else or died. that's what will happen. it is sad but inevitable.
The problem of India is not straight forward like lack of spending education or infra.
It lies in it's politics.
Parties pursue policies that get them votes but are highly detrimental to the economy in the long run.
Like overcrowding the government undertakings with unnecessary employees, wasting too much money on pension and stuff.
Take the example of the roadways bus service for examples. They are always running in loss. If they get the heck out of the market, the economy will handle itself.
Infrastructure works are common property and people care less about them when they are offered direct freebies instead. Like free travel in fucked transportation systems.
Absolutely.
Great video. Surprised that TH-cam just presented it to me now. You missed a number of other factors that are holding India’s economy back. 1. Corruption at all levels of government. 2. No foreign investment due to extortion of foreign companies’ funds. 3. Poor supply chain connectivity (Foxconn leaving). 4. Caste system that promotes people based on their class and not based on their merits. 5. Extreme import protectionism resulting in non-competitive manufacturing sectors. No particular order.
Wow, the amount of effort you have put in this video is simply awesome
many of this data is wrong and based on 2020 2021 2022. Either there are lot of librandus in comment section or either people are dumb of western puppets
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
@@triggeredgamer206 Truth hurts.
@@robinsonrex1280 thanks for understanding 🤜🤛
Brilliant video, can you please tell me what software you are using for the infographic they are world class.
Watched your video with interest. A small critique. The pieces do not add up in your presentation. You have compared India’s female labour force participation rate with Bangladesh and Vietnam’s, without explaining the reason for the lopsidedness.
Bangladesh and Viet Nam both enjoy Free Trade Agreements with the EU and US, something which India cannot easily get by virtue of its large economic size. Leave aside the exception that is garments, and the labour force participation rate of women in Bangladesh should match or be worse than India’s.
You also proceeded next to cite India’s poor education standards as part of the reason for the low female labour force participation rate. The female workers in Bangladesh or Viet Nam, which you cited, are not given to education either; and at any rate, the quality of education in these places is poorer at the tertiary level. Do garment factory workers need any real literacy or education to operate? I don’t think so.
That said, literacy and skilling of women in India is generally poor and has a long way to go.
FDI: In a world where the appetite for investing in foreign markets is declining, to ask for a country to increase the percentage of FDI in the economy is counterintuitive. That said, India has registered consistent growth in terms of FDI, recently touching USD 100 billion. Much lower than China yes, but still.
Exports: I would question the validity of the export-led growth hypothesis given that the largest market for Indian goods and services is inside India itself - a free trade area of 1.4 billion people. That India will have a current account deficit is a natural outcome given these factors. There will always be more people within India demanding Indian goods and services than outside of her.
yes , doing business inside the country will not improve the gdp of the state , export is the only solution.other wise we cannot suck the dollars .
@@cryptic1692 I don’t think you quite understand how GDP works. The more transactions you have, the greater the GDP is. India is the largest captive market in the world and it would be foolish to want to secure growth via exports outside the zone.
“Suck dollars”: not a great plan when the world is on the verge of de-dollarising.
India is anti-feminist.
Never seen such a good video that gives so much info in a short time👍
Edit:- never got so many likes that you all❤❤
You can cherry pick data to produce any narrative you want. This video is a good example of that.
@@death_parade Some people wishes to be ignorant as they only want to hear the positive side.
@@death_parade stop joker, this is the reality 🤡
@@yog7592 Never said that this is not real. All I said was that it was a half truth. He mentions GFCF but not the NPA crisis or how it was solved. India dodged a massive bullet there, but it is not mentioned at all. Also, cherry picked data of GFCF is not taken beyond 2020 figures. Since 2020, GFCF has gone up from 54 Lakh Crore to almost 80 Lakh Crore.
@@handcraftstreet3692 So he conveniently skipped out on mentioning "details" that flip his narrative over its head. Sounds like propaganda to me.
Just for reference, as per World Bank data, India's GFCF in 75 years since Independence is $14 Trillion. HALF of that ($7 Trillion) has been spent in last 9 years alone. And another $7 Trillion will be spent in next 6 years at the current pace. That is the reality of GFCF. All this despite the NPA crisis similar to the one which put an end to Japan's pre-1990s era growth story. This is the reality of it.
Great video, eye opener for Indian citizens. I hope the decision makers see such videos and make necessary decisions for improvement
In a democracy as big as India, often it hinders the pace at which countries like China move ahead with policies. In India populist schemes are burning through the budget and it's hard to revert from such an approach due to public outcry over them . Farm laws are an example of how India wanted to bring reforms into the agriculture sector but couldn't break through the populist schemes.
That is a lame excuse world. Most richest countries as per capita income are democratic countries, not dictatorship countries... so dumb is that how you feel good about yourself?
The planned farm laws were a way to help big businessmen make more money while taking away basic rights of farmers. These farmers from Punjab were empowered enough to protest and get them repealed unlike farmers in the rest of the country who cannot.
A vibrant democracy is absolutely essential to make sure that hardworking and deserving individuals thrive. Not government cronies such as the fraudster who once was the world's third richest man.
@Richard Thomas bro most Indian know this and stay silent, and there are minority of extremists they want dictatorship because they want hindu rastra(nation) they think it will make them privileged and powerful but they don't know or doesn't want to know that they are used as labour for themselves(politicians) and rich people
Average bjp supporter.
@@couldbericher that's how capitalism works. Those farmers are eating my taxes with their inefficient farming. They need to do some productive work.
Extremely well made video! Are you based in India?
@@econYT i think i dias infrastructure has been increasing greately
Just imagine if we Indians start discussing these topics amongst each other instead of typical mirch masala politics 😂.
80% politicians will quit.
My journey has been truly remarkable. I went from experiencing significant losses without any substantial profits to turning a modest $5000 investment into an impressive $25000, all thanks to the steady weekly returns I've been receiving.
That's seriously impressive! Could you share some tips or strategies that helped you achieve such remarkable growth?
Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?
Copy Trading' with a focus on major currency pairs like EUR/USD and GBP/USD has streamlined my path to success by leveraging expert traders' skills, especially as I'm still in the learning phase
so personally, I can vouch for the effectiveness of my current trader, Mrs. Shanita Creswell, she operates out of the USA. Her strategies have been generating substantial profits for me. If you're curious about strategies that truly work, she's a great example to consider
Isn't that the very Shanita Creswell that my neighbors have been discussing lately?
As an indian. You are on point
I believe we are missing out an important point - Underdeveloped manufacturing sector.
Usually, economies grow from Agrarian to Manufacturing to Digital/services but India directly moved from Agrarian to digital/services, we don't have well developed manufacturing sector as we didn't get that time due to first mover advantage of other Asian economies as China!
Therefore before investing in education or healthcare, govt should focus on bridging gap of educational institutions and industry requirements. Later they should fuse money into education infra and healthcare.
Excellent video. No biased opinion, and pure facts.
Imagine if the government spent money on education and infrastructural development instead of army in the past and now we are living under the colonization of China. And you are watching this video with a title of "What mistake India made which led the defeat against China" and people commenting "Indian government should've focused on army when it was needed".
That's just your fancy. Wars are costly and china isn't a fool.
@@Aman-qr6withat the problem chinese are smart enough to strike at right time in a right way
@@ambujverma695they are also smart enough to know that striking a third world country like ours is not worth the effort.
This was a nice overview, it actually helps understand what needs to be solved. Education system in India makes youth useless in the market. We learn no skills. Btw great video keep it up.❤
As a Indian, I'm grateful to you for highlighting the bitter truth underneath the shining/ rising India.
I'm surprised my fellow Indians are prepared to swallow the bitter truth rather than troll or attack you!
One simple metric says it all - if India share of the global economy was proportionate to its share of global population that is 18% than our nominal GDP should have been 17 to 18 trillion usd.
It was so last in 1800
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
one primary hurdle in india's growth story is acceptance of corruption .
we know it as a fact from a peon to the PM everyone is involved in corruption & everyone is seem to be okay with it.
the hate towards corrupt is not out of moral standing but aspirational ,
everyone wants to be like that rich guy next door but also hates him cause he haven't got the opportunity to make money yet.
The Think School will not show this and only tell clickbaits to increase their subscribers.
Why India is under developed ?
Ans - democracy
@user-lk4no3vo8q bcz of chuslims, India has third highest chuslim population
@user-lk4no3vo8q khatora lekhe tumhara desh bheekh mang raha hai, kuch toh sharm kar be 😂 waise aaj khaya ki nahi?
@user-lk4no3vo8q yeah but why your country begger because of Islam tashtea
yes due to democracy the vision is short term and people pleasing policies, and most of the leaders and ministers are under qualified . in china decisions are taken by rational intellectuals and they have a long term vision , for example people in delhi are welcoming a govt that ll give free electricity , who will give that money ??? if they focus on building infra , marketing on tourism , research and creating manufacturing that ll not happen . we should promote a manufacturing culture . we are now exporting cotton to bangladesh and they are using it to produce goods , why we are not using this to make a factory of our own. are we fools
@@cryptic1692 yes we indians are fools. USA is also a democratic country. This is not a problem of democracy. This is because of the politicians, and lack of dedication towards country. North Korea is also like china.
Healthcare? Education? Infrastructure?
Nope.
Statues? Monuments? Bullet train? Other useless flashy things?
Yep.
Bullet trains and Monuments are part of infrastructure.
@@7k_Satyam monuments are a part of infrastructure?
very comprehensive, neutral and to the point video, appreciate your effort ,keep it up
*All of this is true of India. Hopefully, the administration will heed these cautions and take action to address these shortcomings, especially with regard to the necessity of making investments in human capital like education and health. South Indian states have done this, and as a result, they now account for half of India's GDP. There is a lot of unrealized potential in the north.*
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
But if BJP allows Education then how will they garner votes by selling their best selling product "religious populism" to people?
The scenario of both these nations are completely different
If india had a single party democracy that promotes state sponsored capitalism or if nehru was capitalist then the current scenario would be different
Dude you still blaming Nehru. Come out from the past bro.
The thing about nehru is that
He was the first pm of india and he saw British raj's exploitative capitalist policy and for independence fighter of that age capitalism was the way to exploit poor indians in the same way as British raj did they didn't see capitalism as this shiny path to riches as we see it was colonialism for freedom fighters of the age that's why all people in power after independence were socialist and leftists
@@tyrionlannister6847 then who would you blame for the "Licence Raj" or are you even old enough to know about them?
Also it was his socialist policies that drove them to bankruptcy and they celebrate the opening the economy in 1991 as if they had any choice LoL 😂...
@@PS-ug7nm
While it is true that the License Raj was a result of excessive government intervention and regulation, it is unfair to solely blame Nehru for it. The License Raj was a complex system that evolved over time, and it was not the result of a single individual's policies or decisions.
Moreover, Nehru's socialist policies were aimed at promoting economic and social development in India, especially in the early years of independence when the country was still struggling to overcome the legacy of colonialism. While some of these policies may have been flawed, they also had positive impacts on India's economy and society, such as the establishment of the public sector, investment in education and healthcare, and the Green Revolution.
It is also important to note that India's economic liberalization in 1991 was not a choice made out of celebration, but rather a necessary step towards addressing the economic challenges facing the country at that time. The License Raj had led to a stagnant and uncompetitive economy, and the government had to take steps to reform and modernize the economy. While there were certainly challenges and criticisms of the liberalization process, it ultimately helped pave the way for India's economic growth and development in the decades that followed.
@@tyrionlannister6847 Isn't it the truth? The policy choices of the first PM decided India's direction. Nehru made the wrong choices.
Middle class men in India used to consider women in their families working an insult to their own manhood.
The main problem with the youth of India are that they are heavily influenced and brainwashed by their parents to just try competitive exams for govt jobs whose acceptance % is less than 1% as a result about millions of youth waste their energy in just trying to crack a stupid exam to get a job rather than trying to upskill themselves learn practical industrial skills and contribute to the workforce which would take much less time than taking multiple attempts to just clear govt exams atleast get a job before sitting for these exams and learn industry relevant skills. More than the government I would say the youth are also equally responsible for the current sorry state of the country.
if economics from an outsiders' perspective is this bad then from an insiders' perspective its even worse, its estimated only around 4 % of budgeted funds really reach to population, rest is eaten up by corrupt contractors, employees with ties to local leaders.
Yeah people rather be an ostrich with his head in sand rather face the music. It's not getting better anytime soon.
Thats actually very true, India needs to increase Education and Health care share in its GDP. But, on bright side, the current govt has done a very good job on various other parameters like infrastructure, etc. But yes not enough in Education sector
Long way to go. True growth is achieved when problems are addressed. Criticism and showing the downside of the country is highly necessary.
You can't compare India with China as India opened its market in 1991 after going bankrupt where as China opened its economy in 1978. They started earlier so obviously they will win
Read about the Chinese economic policies and about their skilled labour's fool you don't know anything
@Jack Smith
1.08 trillion usd investment to China by US alone over the years.
Total western investment in India is less than 500billion usd
@Jack Smith
US is a immigration driven country.
Immigrants don't live for free.
US imports the best minds
Doctor lawyer Engineer Scientists
Brain Drain is a thing.
@Jack Smith
Facts did hurt you
Didn't it
The amount of money West invested in China is often kept hidden by CCP.
@@jirachi-wishmaker9242 He thinks getting foreign investments and taking loan from Banks means Begging 😂
My observation is taking 2020 and 2021 as a base for any percentage calculation is not the right metric. 2019 or 2022 should be the base.
Good explanation!!
Amazing. But only thing to remember India has that type of circumstances where it could not help but improve its military, which would protect all of its manpower and infrastructure. Speaking of future India may not seem as a good candidate to become the superpower in the near future but would eventually be when all of us are either old or dead. Because all those military power brings you respect from other global powers and small countries which in turn brings opportunity. That is how all the super powers right now became super powers.
What military power? Your aircraft carrier is Russian. Your top fighter jet (SU-30MKI) is Russian. You can’t even independently develop a main battle rifle.
@@ParadoxlnABox You're right! We did mistakes and indeed we've paid a huge price in the past. But slowly and steadily this is happening.
Speaking of military power we stand at 4th position enough to make other countries stop imagining going against India.
@Utkarsh Gupta Wow!
@Utkarsh Gupta thank you for actually engaging with a coherent and thoughtful answer. I disagree about China’s weapons system. They were able to design the J-10 fighter, reverse engineer the SU-27 to the J-11, J-15, and J-16, as well as the J-20 and J-35 fifth gen fighters. You may argue that some of these platforms were largely derived from other fighters but everyone copies. India as of right now, cannot independently developed advanced jet engines, radars, aircraft subsystems, etc. It will be tough to achieve superpower status without a capable military industrial complex.
I think a big problem with India is that there is a massive brain drain of talented Indians that are moving to the West the first chance they get. For example, Sundar Pichai, the CEO of Alphabet/Google was by all appearances a very smart individual who did his undergraduate at IIT, a very good school. The problem was that right after that, he left for America to do grad school and then never returned. Instead of using his intelligence and talent to support India’s development, he’s now in America, where let’s face it, there is a lot more opportunity. Indians are proud of these highly accomplished people like Pichai, Nadella, Krishna, Narayen, etc. The problem is they’re all talented Indians that have left India and are contributing to another country’s success. To become successful, India has to become a destination for talented individuals, not the other way around.
@@stoicist5657 India does spend a decent amount on its military. However, in terms of bang for its buck, it’s significantly behind other top military spenders like the US, China, and Russia because those countries have well developed arms manufacturers who can independently produce most of what the country needs. India pays inflated prices for its armaments from other countries or licensing costs to domestically manufacture. For example, India even needed Russia’s help to develop the AK-203, which will serve as its new main battle rifle. As a result, according to The Economic Times of India, the cost of one AK-203 produced in India under license will be 70 thousand Indian rupees. Other countries that can independently produce their armaments can get more for less.
I just cant appreciate enough how you have shown all perspectives, including the positive ones, which just goes on to show its a really well researched video aimed at actually educating people, rather than manipulating them. I wish the Indian populace was much more involved in active functioning of the government through letting their wishes known to the people in power and forcing them to implement those policies which people see fit, rather than waiting 5 years to change the government, which almost results in the same policies.
Best video with out influence of Indian Govt pressure 👍🏻.
Kid this is an Indian channel lmao...kids these day
India needs massive industries along with skilled workforce and great Healthcare facilities until then it will always remain a developing economy
Who does not need? The point is everyone can deliver except for India! Lol
It definitely has better healthcare than USA but not as good as UK or China. There is also massive opportunity for medical tourism. India also need to keep capitalism away from Himalayas.... It can lead to massive environmental destruction.... dragging Himalayas behind and eventually causing problems in northern plains. Every country doesn't disturb few places ... Himalayas is that place for India
Hands down the best analysis of India, well done!
EXCELLENT PRESENTATION WITH FABULOUS MERITS ND SUGGESTIONS❤
Debt to GDP ratio figure includes private debt and borrowings. Government debt is less than 20% of the GDP. Primary school enrollment is now close to 100%, literacy rate is above 80%.
Still indians are underperforming, quality matters man
@@joexavier2287 definitely but except they are doing well than other developing nations,we think they are under performing just because we are comparing them with china if your compare with other African or asian developing countries so they doing well.. but need more yes . 🇻🇳❤🇮🇳
I think one more issue that hinders development of india is lack of carrier options. Sure we have science commerce arts, but there's barely any people who take arts these days as compared to number of people majoring in stem. Everyone is fighting for white collar jobs, and most don't even like what they're doing but they have to anyway to feed their families because that's most stable choice.
Just imagine if we had more advanced sports available as a possible carrier choice. Also kids nowadays are put under so much academic pressure to be ahead of their peers and be skilled beyond their age. There's not much left to enjoy the childhood. These kids need these physical activities. The only sports we got is cricket and kabaddi but that too only on national level at most. If india has international level of various sports there would be slightly less competition and more jobs.
Now I don't know much about sports since I've myself been more focused on academics all my life but recently I had this thought and it's bugging me ever since.
@@triggeredgamer206ok bot
Most constructive criticism of my country and I hope we improve on it.
baseless and wrong infromation gyes watchout cmie is an in indian privet firm and just compare the data with world bank's data u will get the wrong information also utube channel is from india.
Summary :
0:34. comparing India vs China
1:30 Indian population
1:43 labor participation
3:07 mega factories
3:29 education and skills
3:50 public expenditure on education and healthcare
4:15 labor productivity
5:40 fixed infrastructure investment
6:10 lowered foreign investments
7:25 Debt to GDP ratio
8:22 widened trade deficits
9:20 lack of manufacturing capacity
9:46 opportunity for India; derisking away from China
I am Turkish, in India you get 10 types of food and dessert for 10 dollars, I saw it from a Turkish youtuber, in Turkey you can eat something dry bread sandwich for the same money
u r from hungary, not turkey
Therapist: "Indian discount Vox doesn't exist, it can't hurt you."
Indian discount Vox:
It's not same econ is only focus in economics
@@b.l.0427 that still makes it Vox.
It is 99% similar to Vox. The logo is also same
hey at 3:54 the flag of Russia is not correct, you are showing the flag of Slovakia and at 7:34 you misspelled Japan
Because the target for this video is indans ,not other viewers,lol
Very Informative. Thankyou
In comment section everyone saying only two to three memorized word only i.e. Lack of education and infra. But in this comment section no one talk about the biggest weak point that is OVER-POPULATION !!
Well, our textbooks actually say that the population is an asset.. and we don't go against it if we want to have a good career.
Population can be great asset if we make use of it.
Jayant Bhandari : India will eventually disintegrate into many smaller countries
It is easier to show one side of the story by presenting selected facts
What about the number of expressways being built?
what about 100% rural electrification?
what about lifting 300 million plus people out of poverty?
what about world's largest healthcare program being run?
what about targeted delievery of subsidy and services with neglegible leakages?
what about GST ? (although it took time but increased the transparency collections)
what about banking system reforms and NPAs which came down?
what about the controlled inflation? (when all your advanced economies are crushed by it)
I can count a lot of things but this video is just for building a narrative
There are problems and as a developing country with highest population in the world we are doing quite well
You have good points. The message i got from this video is that its not enough. We have to grow alot faster or any growth in any sector will not be significantly helpful.
@@kabirjoshi9326 yes I agree but I really don't understand why this video is presenting data which is so not true and that too without facts. For example it talked about transportation infra but did not tell about the railway freight corridors, nor the daily 40 km of Greenfield highway being constructed daily, it talked about power infra but did not talk about the additional electricity capacity added through green resources (solar, hydro, etc), also not about the fact that India is the country among G20 on track to achieve the NDC on increasing the renewable energy capacity to 450GW and also reducing emissions by 25%of GDP from 2005
This video just shows that India is poor, it has bad infra, it has power leakages, it is far behind china. It has lowest PPP. It has bad education system, it's workforce is inefficient as well as non skilled.
STILL THIS VIDEO DID NOT ADDRESS THAT INDIA IS THE FASTEST GROWING MAJOR ECONOMY.
This kind of videos have started popping up in my feed ( which are very general with negatives and no facts) and I know all of this is for building a negative narrative about India cause the elections are coming next year.
@@yoda5084 So facts are statements which support your views and everything else is false. Got it
@@adidevbose2216 till the time you introduce hearsay and feelings to study economy I'll depend on facts.
You see
I'm Egyptian and our president focused on electrification and roads and all that bullcrap
I was happy about it at first until i realised the dollar went up from 7 L,E to 50 LE
I tell you the only thing that's gonna make good change is only FDI
AND actually the one good thing done is lifting people up from poverty as it also increases market size and enables the government to pressure foreign companies with high tech to share some technology and machinery if they wanna work in india
Peace@@yoda5084
The problem is everyone wants each & everything up to date tip top in only 10years of Regressive work for betterment of india. Its not easy in a democracy..india is not an autocracy like china which can empliment any rule on its citizens without backlash...we live in a county where some of its own citizens are its enemy...they protest against any developments either funded by NGO or by their personal believe or for their profit...there are many hurdles involved in india either by some foreign country organizations ETC....we should look at all aspect of the problm and then comment...the amount of development india has done in past 10 years are astonishing...Good luck to india for its future..
Very well analysis. Now government is doing good about infrastructure but they need to focus more on education and health.
See unemployment graph
@Football-Pundit mujhe to bohot se investments dikh rahe Hain, last 5 years me shayad 200B$ se zyada ka FDI Ayan hai. Electronic manufacturing me bhi india ka growth shaandar hai. Specially Defence sector me to make in India bohot acch chal raha hai
@Football-Pundit .. poverty rate , defence industries ka performance just 7 year pehle ka aur ajj ka compare Karo, tremendous farq dekhoge. Agr china jaisa Banna hai to unke tarah steps bhi lene honge , labour laws and land acquisition aur bhi zyada industrial friendly karna hoga , Labour unions ko illigal declare karna aur bhi bohot aise steps lene honge ki fascism ka matalab pata chal jayega public seh nahi payega. Mamta ko bhi me utna fascist nehi Manta aur BJP to usshe kafi better hai.mere hisab se BJP se better option abhi Nehi hai .
@Football-Pundit aur FDI me foreign investment hota hai kisike jeb me nehi jata wo...
@@detectivesroy unemployment rate dekha hai kitna hai 42 percent youth unemployed hai bangladesh aur veitnam manufacturing me bohot aage jaa rahe hai
bhakts will say this is an attack on India and the world is jealous :P