Modi govt’s Rs 6-lakh-crore Asset Monetisation Plan & why it’s good for India’s political economy
ฝัง
- เผยแพร่เมื่อ 22 ส.ค. 2021
- #CutTheClutter #NationalMonetisationPipeline #NirmalaSitharaman
As Finance Minister Nirmala Sitharaman unveils Rs 6-lakh-crore National Monetisation Plan, dead assets across sectors are identified in a bid to monetise them without selling. In Episode of 818 of CutTheClutter, Shekhar Gupta looks at roads, railways, power among other top sectors where languishing assets can turn into revenue-generating opportunities and unlock resources for the economy.
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so its basically means by governement getting some money private players are free to charge any amount from us.
so basically this plans depends on citizens ability to pay
Shekhar ji i really liked your kurta. From where you have bought it? 😃 Your Journalism and your kurta shining bright equally. 🙏🏼
Isn't there a clause to lease just for 4 years? Sorry if I missed something
@@somjack41 He bought it from sarojini nagar patri...for 65/- RS
Godi media
Useless criticism of anything shows immaturity. The reason why we voted for a Capitalist government is this, let them work, we have already seen Socialist model for 60 years. Let them Work.
@@Vizorfam 🤣🤣
@@Vizorfam then get off the internet...which is a capitalist invention to begin with...also service being provided by capitalists...use pigeons
@@Vizorfam you are telling this through your phone on the internet from your well furnished house which will not be possible without capitalism.
@@Vizorfam capitalism is wt make poor have a Healhy life.
@@Vizorfam Every incompetent person seem to be fighting for inefficient systems and getting handouts from the hard-working taxpayers... Boogeymen of India's Socialist Collapse! Capitalism drives competence and efficiency. Can compete? Get outta the way and let better people work. We ain't got time for losers.
Govt. trying to monetize dead/loss making assets without giving away the ownership.
Meanwhile opposition - 'Dekho desh ko bech daala'
It's unfortunate that most people (including my parents) wouldn't understand the economics behind it and would fall for the 'desh bech daala' narrative.
Edit: Exhibit A - Comment Section
Bas bhai dil ki baat likh di aapne....aur jab unko samjhane baitho to Dimaag band karke sunte hain....its very irritating.
Socialism
if you lease something for 99 years, it is as equivalent as passing the ownership. ''In the long run we are all dead''
@@KiranKumar-nb4nx for 4 years
It would be great if u convince me how the pipelines of ioc and gail are burden.
Secondly convince me ambani and adani are not behind this.
Leftist - Bik gaya Print walo... Even their logo is saffron!
Right - Even left media is praising BJP!
Me - All the information I need to know from Gupta ji today!! 🙂
Print looks on left side but shekhar sir’s ideology is far far right leaning
@@swapnilpatwari6052 Because he is a nationalist and not an ideologue!
@@swapnilpatwari6052 he is economically right socially left
You are praising him
Same people call him biggest Gaddar kindly do tell them too to. Change their view
Many hard core rightist can even send SG to Pakistan
Is he a nationalist who decides?
Govt did gave airplane for privatisation what happened. Only Adani monopoly
@@vipint3694 Some people on your side also don't have nice things to say about him!
If you blame one side you must remember you are on the other side!
Me and Sekhar ji get gaalis from both sides of the aisle!!
We should Pass a Bill making Economic reforms in 9th Schedule preventing Judicial review unless it violated Fundamental Rights. Just like how Socialists did for Land Reforms.
Communism is the best policy
awsm point
@@Vizorfam it is a failed ideology
@@jishnum851 China: hold my beer🍻
@@swaratsabui2711 China is communist ???
What next, China is a democracy ? 😂
I am a millennial and I ❤️ Shekhar Gupta's free market capitalism. 😀
@@Vizorfam By going back in time, for European serfdom.
I like the way how you guys are clear about what you want 👍🏼
@@Vizorfam You can go back to being slave of zamindar
@@Vizorfam by starving to death everyone will be eliminated and there will be no economy
@@Vizorfam by going in time before 1991 when we were bankrupt
I am loving this recent string of reforms by the Bjp government. Recently, I have started to respect our current finance minister Nirmala Sitaraman, she is doing a very good job 👍
wait for some time dude. lets see how it is executed. less babus= greater success
@@Vizorfam kejriwal ji kya karlenge?
U guys have great job, I must say everywhere oppose and only oppose
So the reforms carried out before where a sham .
@@Vizorfam Free electricity chahiye sir lagta hai aapko?😂
@@Avenger_pointed I don't think he said that.
75 years we saw the consequences of the pseudo-socialism, still we convulse even at the idea of Privatisation.
Nevertheless, very good step, looks like a extension of PPP model or scheme which Manmohan-Montek combo championed but failed miserably to implement.
Surprised to see a muslim support capitalism and business
@@carnage3343 sch m bhai
Yes brother.
It's about conditioning.
People have been conditioned to see Socialism as the normal
@@carnage3343 that's because you are blinded by BJP bhakti 😂😂
A majority of Indians still live in a socialist era mindset when the world is moving forward. Let's hope that this isn't the last of those reforms considering the political situation in India.
Fr man ans you can't still convince those people.
Imran khan PTI done selling buffaloes?
Modi got this idea from Imran, when pakistan sold their assets donkeys to China..
aap Pakistan dekho.. ham desk sambhal lenge jannab 😂
if toll collection, private hospitalizaton, private schools are the way forward thinking by anti-socialists, then you are digging your own graves
Being a Modi and SG Bhakta, today I will sleep peacefully as both are on same page after a long long time.
ROFL he is a modi supporter and he even admits it lol OMG 😂😂
@@Vizorfam better than being an idiot like you who causes riots
@@Vizorfam So what's wrong it in? Still better than Voting to Urban Naxals.
@@Vizorfam Why are you shitting on every comment ?
Bhakt.. says everything.
The BJP finally trying to be worthy of the tag of "Right Wing Party."
Jab kama nahi sakte toh bej do ghar ka saman
@@sameerp2566 dont u rent out your extra property without selling it to earn extra income? that's what this plan is..
@@sameerp2566 unpad
@@shankarnarayan548 for that a person needs to understands the value of investment.
@@sameerp2566 Bullshit ... Making money of dead assets is not selling anything, it was made clear especially for Gawar ppl like you....
First make sure to pay some taxes before claiming something to be "Public Property"
i see professional protestors getting busy on this. lots of money to be made for them
More opportunities will come for them till 2024.. 😅
Economic right is what we need! Yes, yes yes! One cheer for SG and two cheers for free market capitalism!
How many for government ?😂😂
Is it really free market capitalism when only 2 businessmen will get everything and a Duopoly will be created? How different is it from Communism?
lol..lol.. free meaning free for Adani and Ambani..SG is a pimp.
Finally Modi goverment is getting serious about reforms, this is good as it will certainly help promote good growth. It took way to long but it’s better late than never. In America people run their businesses while here in India it’s still government who runs (actually I should use the word ruins rather than runs judging the state of our PSUs) the buisness, I’m very happy modi is finally going to fix this.
I have seen bhakts say this countless times in last 7 years. "Finally Modi govt ....... " 🤣🤣🤣 I just wanna say 'Finally you get some money into your account for a copy pasted comment'. In the meantime India is in economic disaster.
Yes under ur Mamata Banerpee West Bengal has lowest growth rate even Odisha overtake West Bengal in GST collection
@@pratyushpandey1145 yeh to samajh mei aa raha hai ki Rakesh Tikait ne tumhara le liya hai !! Isliye itna dard ho raha hai 🤣🤣🤣
@@tomriddle4110 Only in your wild imagination and whatsapp forwards. 🤣🤣😆
Nope according to BloombergQuint West Bengal has lowest economic growth rate for a big state. Only u madrassachsps like her
Future of India lie in liberal, free and open economy
We should utilize 'baniya buddhi' of our businessmen and entrepreneurs.
Disclaimer: Take it in positive way
Shut up all these capitalists and business men have exploited poor people and workers
@A M Who lost amethi?
@A M who lost Pandharpur?
hahah..baniya buddhi...heheheheh....fyi - baniyas dont add value - they just trade: 1 rupee ka saman 1.1 rupee me bechana...value is added by manufacturers, engineering service providers etc...
@@vaibhavrothe3820 hehehe look at top 10 manufacturing giants of india and find out their caste, you'll be shocked
the fact that modi did this is just pure smartness
Selling to gujju mafia, in other words
@@mnbiar3760 🤡
I really love the matchfunding for privatization/share-selling of the state's PSUs, that's an awesome policy.
Agreed mate. This is a master stroke by Nirmala Sitaraman. Fantastic !!!
SG, the stadium example was quite apt. Coming from Chandigarh like you, we exactly know what a disaster the PCA Stadium in Mohali is.
And I live just near the damn stadium. You won't believe what a pain in the ass it becomes when they are hosting matches over there. And weirdly placed police barricades are the worst!! I can't even get into my house without running around the whole city!!
@@jayantjolly same bro..7phase-63chd -10phase Sara block ho rkha hota
Aren't they planning to build a new stadium in some other place.
Bro go to Sectr 16 stadium. Prime location, minimal use. Property in Chandigarh is managed with a socialist mindset. Govt. Houses in Sector 7 are around 40 years old, ceilings falling etc etc but they still won't refurbish them like MDC flats or CHB flats. It'll save area and accommodate more
@@cookie365 haa bhai har jagha concrete ke jungle bna do, aap whi ho na jo 10 din pehle bol rhe the ke 130 crore ki aabadi me bs ek gold medal kyu,
Ab ek bhi bnd ho jayega yhi soch rhi toh.
Let’s hope monitization will be the opposite of demonitization in terms of economic growth.
Don't believe in false propaganda
@@Vizorfam Ur right, before the second wave I belived that Kejriwal truly had done a good job in development of healthcare in Delhi but now I realized he failed miserably in healthcare.
@@Vizorfam lots of people insulted u but how shameless are you???? I mean u are true socialist man … because after this much public hate a socialist person can repeat itself 🤣 just like Xi -king of china
demonitization will show profit after 15 years….. when the real national interest behind it gets compounded…dont think yourself smarter than the center level political/economic advisory.
Monetization is nothing but the Sale of countries' assets.
Waiting for hartals and court cases against this. All low and medium level Govt employees are waiting for their gratuity built with the taxpayer's money. They wont let this happen much like the farm laws.
We bastard can't do anything about it... reasons we r andhabakta
Let's see 😕
@@santoshsenapati4717 Communist Gangs Everywhere
Why have all the "privatized airports" gone only to Adani Group?
@@mnbiar3760 GMR group was largest private airport operator till 2 years back.
But Sadly people don't understand this in my state Haryana and Punjab .
Capitalists have only caused misery to workers and common people pls understand this
Which state
Punjab or haryana
@@Kafkaesque1965 He lives on the border.
I'm also living punjab belong to jat sikh family, in my state communists influence increase day by day ,it May demolished punjab s economy like west bengal
@@jagpalsingh910 Communist only distribute equal poverty .
Make SG a member of monitisation scheme. He has many better ideas. He also monitised successfully Print.
privatisation looks cool where the poverty percentage is in single-digit not in India at least where around 25% are BPL...private hospitals showed their colors during covid charging exorbitant prices forcing middle classes too going for public hospitals
Why not monitise the posts of Governors, Election commissioners, and President of India simply burden on our country s tax payer money and non functional loss making for the country.
Yes, please make SG the US president 😀
@@vannuvilaiti1340 - superb idea. Should take this idea to non performing MPs and MLAs, if at all they are considered assets.
@@VishalKumar-xp6gz free market is the reform you need
Finally some video on economy and market, lot of things happening everyday, print needs proper business section, there are limited articles on these topics
@@Vizorfam You mean China is poor?
@@Vizorfam Stop spamming commie
@@Vizorfam You should join one of those Maoist who fight in the jungle if you want Maoist communism in India. The government will only focus on capitalistic model.
@Alpha beta India doesn't need 100% capitalism. India needs to adopt the policy of Nordic countries which is known as social Democracy or welfare state.
@Alpha beta that one saffron comie 😆 ,you are very intelegent, I also think like that, but that word give me chill
The biggest villain of these PSU's is the Govt. itself, too much of meddling and micro-management with the PSU operations. Companies like LIC and ONGC once used to be one of the richest companies. Govt. has squeezed enormous amount of money through dividends,forced them to buy insanely loss making/fraud alleged companies like HPCL, IDBI bank and IL&FS.Its better for the PSUs itself if govt. moves to a minority stake.
govt n micro management are 2 faces of same coin.. no body wants cbi inquiry in their retirement/whn opposition party comes to power, thus micromanagement..
Can privatisation of govt possible?
@@VishalKumar-xp6gz yes you can hire a management team from top consulting company or top university.
Therefore these PSUs should be privatized
Micromanagement in public companies 😹😹
SG is really good in bringing interesting topics for cut the clutter
I think SG stays in a bubble and really missed the underline of this topic.
He seems to have forgotten how good the government was in bring demonetization, and the only reason they are trying to sell the asset is that they want to make money for the losses when something becomes private people will lose jobs and we will end up paying more.
I would like to move aside from the main heavy topic, and on a lighter note, this National Monetisation Policy makes me very hopeful.
I am from Kolkata, and INDIAN ARMY owns the major Open Landmass in the centre of Kolkata called MAIDAN. Now that my favourite Club MohunBagan has been taken over by ATK Group, I just hope that The Army allows the club to build a AFC Standard Stadium at the place of the existing MohunBagan Ground. 😅
I don't think it will make economic sense to build one there, also no club in India owns an AFC std stadium in my knowledge it's still in a very nascent stage in terms of revenue generation
Army never owns land in Hot prime places .
It's rather cities which outgrow themselves a lot , such that they engulf the army land , then proceed to accuse the army of having prime land estate in the city .
@@rahulmalik1083 nope , exception for Kolkata , half of the area belongs to the army
@Akhil Vatsa Do you have any knowledge about the football scene in Kolkata?
@@ObitoUchiha10089 I think yes, as a mohun Bagan fan myself and going to games since 2008 I know about the football scene here, and having a football stadium is too big a liability for the club's finance, you can ask any official from the Indian football clubs.
Extremely good policy. My only doubt with this is my lack of trust in the abilities of the current finance minister Madam Sitaraman. She's probably the weakest link in the current central cabinet. Any good finance minister can make wonders with this policy, whether she manages to do it or not only time will tell. Scepticism aside, I wish her good luck and hope she's doesn't goof it up.
It doesn't matter bro... anyway the fin min is not the one who is making policies, they would have many economic advisors.
yes, i feel the same
She is not the problem. She is upto speed on all economic matter and have undertaken all the right steps. It's just that her job is extremely difficult and many things haven't exactly aligned with her policies and this Govt have flip-floped on every positive move and screwed up all to maintain the socialism facade
@@alengeorge9551 she's the captain of the team. The onus of success and failure both falls on her.
@@sankalp6872 enough finance ministers of the past has done the same job well, with significantly lesser majority in the parliament. She doesn't even have to worry about coalition partners. No excuses. She's not good enough.
Very true Sir, The earnings of Bengaluru Airport from hoardings is more then what BBMP earns from hoardings in whole city of Bengaluru. This is level of inefficiency in govt.
so true. but one also needs to make sure these private players are honest with their earnings. IT dept. must increase their workforce
Assets leased out for more than 25 years are never coming back to the Govt
@@mnbiar3760 Unlike what Mr Basu says, assets do come back. The toll plazas set up on various highways gets routinely dismantled after their tenure runs out. This is Govt Of India we are talking about not failed Russian state post-Soviet collapse. if you want to test it , just stop paying your taxes..
@@parcgup That is BoT terms.Tolls get extended to the kin/benami of political leaders. Oligarchs grabbed state assets of Russia. Same is happening here with Gujju mafia. In turn they will keep funding BJP
@@mnbiar3760 so you already know the terms of NMP beforehand, if not , how do you allege capture. Start having logical view and not political bias view. BTW the common public of India also owns some of these assets even now. Powergrid invit which gives a return of 10 percent is listed on stock exchange and I am sure all shareholders are not Gujjus.
Interesting idea...much depends on how the money raised is used
The matching incentive to state governments in the case of sale of their PSUs is a master stroke by Nirmala Sitaraman. Fantastic idea. The state governments who are heavily cash strapped will now be compelled to set aside populism & sell their PSUs.
Drawback of CAPITALISM: INCOME INEQUALITY
Advantage of SOCIALISM: INCOME EQUALITY (=EQUAL POVERTY)
Hmmm.
But the mecca of capitalism America : all the 50 states have almost the same median income🤨
Remove capitalism it destroys social structure of country rich people are curse
@@Vizorfam but you type this message on the product of rich people. You should throw away everything and live like MK gandhi.
@@scatteringparameters.4167 Median is the 50th percentile. It hides disparities. It tells you in which income bracket most population resides. Income equality checks the gap between poorest and thre richest. In left sponsored socialism, there should be no gap doesn't matter even if it is lower than the poverty line.
Haha Sankalp, this is an interesting way of seeing it. Do keep writing to us.
Finally, the Print got this one Right.... Unlike Ravish kumar who is still saying that Government desh ko bech raha hai.... I like how Shekar Gupta understood it and telling both pros and cons....That's how one should put the views.... Appreciate Shekar Gupta.... 👍
Ravish Kumar's show is just like the polar opposite of Arnab's shows. All jargon and no logic.
That idiot Ravish Kumar will oppose any thing done by Modi govt. He is totally blind.
Snoopendra is selling India to Gujju mafia in exchange of corrupt electoral bonds..Long term lease never comes back.
Let's talk about this after a year 😂
Don't place your trust in a govt that has constantly been failing
Very well explained, the information needs to be passed to the common man in common terminology like you did with examples
Most of common men don't understand english and economy my friend...
They have their own private subjects
SG trying to give perspective of 6 LAKH crores ... like we already presume this to be "Chillar paisa" 🙄😀😂
GuptaJi, Thank you for this gem. Hope that this supposed good idea is not badly executed.
Like demonetization or GST?👀
@@mrudulabhalke1848 u think GST is a failure
😂😂
@@cricketkedewane8362 look at tax terrorism by which CCD owner lost his life the GST PORTAL CRASHES and we are still. Deciding which tax slabs
I just love the way facts and news are shown in such raw and detailed manner over here ...
I think SG stays in a bubble and really missed the underline of this topic.
He seems to have forgotten how good the government was in bring demonetization, and the only reason they are trying to sell the asset is that they want to make money for the losses when something becomes private people will lose jobs and we will end up paying more.
Creative way of financing deficit and making up for shortfall of revenue, money raised will be used for more advertisements and non capital expenditure for 2024 elections.
lol.lol..
Excellent decision. In these corona times we require such out of box economic solution. The govt should also consider making India a cryptocurrency hub etc. And it should ignore any likely criticism from leftist.
selling is not out of the box thinking. It is the only action someone can do when he becomes bankrupt
@@KiranKumar-nb4nx but it’s a smart thing to do 😂 every single country sold their psu, still we have losers in imdia who want economic growth but cry when useless PSUs are sold
@@tomriddle4110 that is disinvestment. this is asset monitization. differnt things...
They are bringing in new crypto bills, let’s see what’s in it.
@@KiranKumar-nb4nx selling 😂😂, yeah keep it up. Monetization means selling
Tamil Nadu has great state owned corporations that will fetch more than 1000 crores!
Titan watches
TASMAC arrack dept
Though things arent great at the moment but this govt has long term approach... Whatever steps has been taken should have been taken couple of decades back... Rightly said government has no buisness with running buisness.. government is a facilitator
I kind of disagree. Why doesn't govt have business to be in business. All i say is dont let incompetent ias officers run them. In the end all these are owned by the people of this country through the government. By the way i work in the private IT sector. Businesses are said to be the best form of investment. Only issue is they should be run properly .
@@pavanswaroop1712 so you have got the best example.. if IT sector was run by government , you wouldn't have been seeing TCS, wipro n infy valuation, revenue and shares booming
@@kanekaab That is the thing. I never said it should be a closed market. It should be a completely open market where both private and govt companies should operate. The issue I have here is at the behest of private companies, govt has intentionally stifelled the growth of psus. For ex air india and bsnl. Former cmd of bsnl himself said on air that the govt stopped the growth of bsnl. Why do u think bsnl still does not have 4g?
@@pavanswaroop1712 ask bsnl to improve the quality of service.. u go to vodafone , airtel for any service and u go to bsnl. . u see the significant difference between the service , private sector do care about customers.. have u ever been to bsnl gallery ? They literally don't care about customers.. my only thing is tax payers money should not be used to keep these loss making PSUs floating .. I repeat govt should only be facilitator . When was the last bsnl reported profit ? Let's assume this government isn't pro PSUs but bsnl making losses since even before that ..
@Xander at Sid's Govt owning business in an open market is not socialism. I am saying let management be private but ownership be public. Many countries follow this model. For eg, Singapore, China etc
Private players will lease assets on sale with bank loans and most of them will fail and loans will become NPA of banks and ultimately lionshare of burden will be taken care with tax payers money . vicious cycle !
Exactly, either way common man is going to suffer. These companies will recover every penny of 6 lac crores from end user-that's the common man.
@@nipun23 did you even understand what the video is about
@@vamshis1756 I do , you in favor or against what Modi is doing?
@@nipun23 how does that matter, and if you did understand, why do you think the common man will suffer
@@vamshis1756 it's quite simple, how do you think these private companies are going to recover their money ? Let me tell you - increased toll taxes , increased airport surcharges , increased railway ticket prices if they decide to pay off the loans
Government-run sectors are extremely inefficient and lag behind the reality of today. Private Sectors' enthusiasm and innovative mindset must be harnessed for much better results. Only incompetent idiots who are probably jobless because they never acquired any skills will disagree with the fact that these NPA's must be let go ASAP.
And private companies don't go bankrupt
@@Down_with_Plutocrats Of course they do, it's par for the course but that doesn't mean the Crooked Government Babus should have their hand anywhere near anything that's got anything to do with "development". The government should only be a bystander letting people work and not interfereing with much well-managed organizations.
Thik hai kshitij, I'm sure sarkaar aapki in expertise se bulbulati baato ka zaroor dhyan rakhegi.
Heared of Rcom , dlf , ilfs, jet airways ?
@@Down_with_Plutocrats thats one major reason why we need to privatize more. Private Bankrupt companies die and eventually people move to do better stuff... But In Govt companies they eat tax payers money and run in losses digging the hole more deeper and deeper.
I wish I can pay tax directly to efficient private sector why should inefficient govt exist. They should stop collecting road tax , GST on electricity.
In Democracy, people get the government they deserve after all we voted criminals and racists to power
For your information, Electricity is out of GST net! Some homework please.
So lets privatize Govt , if politicians agree .. they are under utilized assets anyway..
Yeah, Mallya, Ambani and Adani can definitely be trusted with our taxes.
Let's alao privatised police and courts too😂😂😂.
Monetization neatly explained with clear, lucid, understandable explanation. Kudos.
This is precisely the reason I want this government back in the next election 🗳 🇮🇳
Lets elect Ambani as PM. Why middle men?
@@mnbiar3760 no not a good idea!
@@mnbiar3760 correct. Ambani will atleast make this third world country ruled by and voted by third world idiot a wonderful first world country
We need more reforms videos...Like power reforms you did not discuss it..And where govt should reforms talk about it also
Yes , power reform is one of the biggest Reforms .
didn't they do an electricity reform?
Only one reform needed remove this sanghi hindutva fascist govt and all those morons who support this govt
We need a playlist. There's plenty of reform videos.
Reforms only on paper.. Can't ride my bicycle even n making good without oil..
Finally some good economic movie by BJP!!!
Shut up, this is bad remove capitalism
@@Vizorfam commie
@@Vizorfam 🤡
@@Vizorfam okk commie looser
250+ entities owned by GOI and 1000+ state owned companies , sell them all
No, the govt should keep strategic assets and sell the rest
Brilliant idea. I hope the government has equally brilliant execution plan. Just don’t mess it up!
Hope so 🙄🙄😅
It would be great if it would affect our gdp positively 😅😅
Hope so ab aage acha hi ho
Our good friends The two A’s are always there to help this Govt. to take over govt assets. In fact our earlier friends the two M’s took over idle bank funds and in fact took it all the way to London and Central America.
Rice bags cannot think beyond religion. Two A's did not bcom rich after 2014. Two M's took over idle bank funds before 2014. They would be roamimg here freely now if your italian bar dancer was ruling after 2014. Odu mone kandam vazzhi.
Heysus is a False God......!!
PM Modi along with Finance Minister Nirmala Sitharaman has transformed India. As a result of their policies average Indian is supporting PM Modi. Under PM Modi BJB will win next elections.
ROFL keep believing In your fantasy land kejriwal will win it all
Ha ha ha 45 year high unemployment and people dying on streets is a good transformation..
We want a print business channel 🙏
Rahul opposed it. If he opposes than I feel goi is doing something good.
True 😂😂😂
Did you pay 10 lak for a bed to a Pvt hospital in covid
Sadly you could but mostly can't
@@vipint3694 Rahul will pay it for you right ?🤣
I recently asked one of my friend who is strong socialist supporter. Which country do you wish to travel, none of the places he listed are socialist.
That itself indicates that everyone knows socialism won't work, but because of our politics and the way movies blindly portray "people doing business are evil". People still stuck in the illusion of socialism.
there are socialists😢? why are the reasons he gave for socialism?
Today America is more socialist than India is as during Corona it distributed money even to Taxpaying community
@@pardeeptandon America has money to do that stuff. We are a small economy compared to our population size and we can't afford such stuff
@@the_fabulous_p14: The nature of the act of giving money without working for it is Socialist. A capitalist will never do it. It does not matter if you are rich or poor. I have seen many daily wages earning poor people giving charity> i am sure you must have also seen them
Loved the last part. In Andhra, Jagan Mohan Reddy might try to sell the CMO and ministries & lease out Police Department 😀, unless the plans clearly mention it. Similar things have been happening there and the High Court has to constantly show the rule book to the govt's advocate.
This shoudl not be done, when we can privatize unutilized assets, teh first thing shoudl be parliamentary affairs.. all politicians work should be PRIVATISED. Political layer is worthless and must be privatized..
Logic??😂
Here is SG doing everything to ensure the message "monetized but not sold" goes out correctly and we have a leading news channel (NDTV) putting a headline on their website "Airports among the assets to be sold by govt". The difference between reporting and narrative building I guess.
May be it's you who is trying to build a narrative.
@@vikasdabas629 bro this is not the first time they misquote something. they are deliberately doing this. the left has only built narratives nothing else.
@@vikasdabas629 Yes I am. About holding the news outlets responsible for what they put out as news vs the facts.
People read ndtv because it's biased and they want to live in their bubble where everyone is evil and only they are virtuous
@@jaivardhansingh9414 painting millions of people with same brush..job well done my friend 👍👍
Great episode as always..thank you for decluttering such a complex issue..and a superb initiative by GOI..let's hope it gives good results. I just wish that it should not impact price hike..like platform tickets, highway tolls and airport charges..that's where GOI should make deals consciously..otherwise kudos to the government.
thank you Saurabh. you make a good point. thanks for writing in…shekhar
@Greenie they are already in place. The problem is enforcement and judiciary. Nobody wants to engage with either of them.
@@ThePrintIndia so excited to get a reply from you..it made my day.
Shekhar, privatisation is a very good idea. It will definitely improve the economy and improve the traction of growth. The real problem is that govt are irresponsible financially and waste the money collected. The govt also while doing privatisation should be forced to disclose what exactly they will do with the money.
Please go thru union budget
There is something known as the union budget. Every country generates it and it is meant to give full list of what the government did with the money they earned. Try reading it next time.
valid point. Disagree on pvtisation as a good idea.
Good topic for CTC.
At times, SG has taken news items in CTC whereas this topic has lot of clutter to clear
Wonderful CTC. Finally some reform being taken by Modi Government.
they are basically selling the country
Why not rasterpati Bhavan .due our president need such a big house.
Government should organize guided tours for Rashtrapati Bhavan. Ultimately make it into a tourist attraction like Buckingham palace. Would also help to generate money to maintain the whole building.
People who don't want the government to privatise it's assets. Tell me this, how many young people are willing to work in a government office these days.
Everyone in up and Bihar cuz of socialism they have seen durin lalu mayawati and akhilesh time
I m from bihar and I'm sick of sarkari Naukri mindset which is first and last priority of youths here
Everyone wants to work under someone but don't want 100's to work under them
Bro you are asking about how many young people are willing to work on govt office..just visit any govt job exam venue are just notice the application ratio over govt job vacency..
bro see how many are preparing to get at least a clerk job in govt office..in india its not working for betterment of country and people its about safe and secure job.
@@saffronboy6288 don't know man in UP many want to do business.
90 percent people
Excellent analysis by shekhar Gupta. To the point, clear and concise examples to make the topic clear.
China had similar problems that we have today and in a short span of 30 years, they appear to have solved them. We should look towards China for inspiration to solve our problems and not to the west. After all, till 1820 China & India were the two largest economies of the world and we both suffered at the hands of western colonists.
China also did this u stupid liberal, the west on the other hand did these reforms in like the 1910s
@@tomriddle4110This?
Thanks for writing to us, do keep sending in your points
@@pardeeptandon yes
America, canada,
In 1970 south Korea, Singapore,China, canada
1970 india is richer than South Korea, Singapore, China
2021 China, Singapore 5 times richer than India
just implement capitalism with government control
Please be mindful of ambient noise whenever you record. The jarring noise of the call to prayer from the mosque in your surrounding is disturbing.
Common playgrounds is a great idea, although using large stadia may be impractical for school-age children (unlikely that large stadia will have swing sets and slides). City planners could plan school locations and budget common playground space, within safe walking distance of both government and private schools in a hub-and-spokes manner. Private schools can pay a usage fee. Schools with large playgrounds can also be encouraged to share their play space with neighboring schools following the philosophy of commons.
Who Gains? Break #GujaratiRaj, India will Prosper.
Coincidence or Clever Plan - 1947 saw Gujaratis Corporates and Gujarati Political Leadership (Gujarati Raj) replacing the Old East Indian Company and British Government (British Raj).
Mahatma Gandhi, Sardar Patel & Moraji Desai (Prime Minister & 2nd Most Powerful Men during Nehru reign), Mohammed Ali Jinnah, Feroze oJahaghir (alias Feroze Gandhi Father of Rajiv Gandhi and GrandFather Of Rahul Gandhi & Priyanka Vadra Gandhi ), Narendra Modi, Amit Shah all are of Gujaratis origins..Also to the list includes India’s Oldest Corporate, Largest Corporate, also the Most Number Of Corporates, 90% Of Fugitive Corporates - why are all of Gujarati Origin?
Petroleum & Petrochemical - Largest And all major private companies are owned by Gujaratis.
Telecommunications - With GOI support largest company is made to grow (how all rules where changed for JIO to grow from scratch to largest in 3 years time).
Defense - 75% of indigenous Defense Contracts are awarded to Gujarati Companies.
Ports - 90% of Private Ports In India is handled by a single Gujarati Corporate.
Airports - Recently GOI gave 6 Airports to a Gujarati Corporate for alms.
Now the status of Financial City Of India is stolen from Mumbai to Gujarat Ahmedabad by Modiji fraudulently.
Now the Payment Sector (all cash & online transaction clearances) which was done by Government Sector is going to be Transfer to Reliance.
Many more sectors also share same picture.
How come Majority of Pakistanis and Chinese Companies Established in India have Gujarati Corporates as their Legal Agents?
In last 5-6 years, 9 Gujaratis has amassed wealth equivalent to 70,00,00,000 Indians.
#GujaratiRaj has replaced #BritishRaj
Another Interesting Findings - How come Scamsters who swindled 10000s Of crores in last 3 decades are Gujaratis - we had likes of Harshad Mehta, Ketan Parikh, CR Bhansali, Nitin Sandesara and his brothers, Ambanis, Adanis, Mehul Choksi that brother of him Nirav Modi, Hitesh Madhubhai Patel fooling & looting public money. #GujaratiRaj looting India
Disclaimer: #GujaratiRaj or 'Gujju mafia' does not refer to tall the people of Gujarat. It refers to a particular criminal gang that has not only infiltrated the govt and govt services, but also the business community and the financial system to profit themselves through fraud and extortion.
History & Facts: 46 out of 72 years, we were ruled by Gujaratis or their immediate family. So, who was really ruining our country?
Ambanis, Adanis, Wadia Family, Dilip Shanghvi, Uday Kotak, Godrej Family, Mistry Family, Azim Premji, Hinduja Family - Top 10 Richest Indians ; all belong to GujaratiMafia
Excellent explanation sir.Thank you for making things easy👍
These Indian economy updates are much appreciated SG. Thanks for tracking them 😎👍🏻
Waiting for the "desh kiraye pe de diya" and andolan jeevi to show up.
Shekhar uncle, I love you. You are perhaps one of the only few economic right-winger journalists in the country. Thank you for doing this. This gives me hope that Modi & co. finally woke up, and are promising to do what they promised originally.
Shekhar is a right-wing journalist?
Wow....Even he will start questioning himself😂😂.
@@ayushsrivastava2933 Please read fully. “Economic right-winger”, which means someone who supports free market capitalism, less government interference in markets and letting the markets do their thing.
Unfortunately in India, the only “right wing” that gets attention is the socially conservative right-wing.
@@patmclaughlin107 Oh....I m sorry...My Bad.
Dont get your hopes up too much sir. We all have seen what modi-shah have achieved in 7 years of (mis) governance. So why expect any better in the next 3 years of their reign
@@ayushsrivastava2933 Oh wow. People who admit their mistakes still exist on the Internet. Wow! Makes me happy. May you and your tribe live long.
Excellent explanation sir . Asset monetization explained in such a simple and understandable format. Thanks a lot sir
It's called Soft Privatization. Clever plan by Nirmala Sita Ramana to not raise public uproar over Hard Privatization where the Assets are handed over.....You can't fool every one every time...
Aap bhi beeth jao dharne pe reddy sahab
"socialise the losses, privatise the profits"
why government charges toll after taking road tax also,dont you think its a double jeopardy on citizens who owns vehicle of any kind.
Only big expressways and highways charges toll....
my question is why they even charges for big highways?I have to pay road tax in every 3 months and every time i cross the toll plaza i have to pay the toll also daily.
Excellent explanation with examples
So fast and a promise kept ✈️✈️✈️
Very fast and keeps the readers happy. ❤️👌
Thanks shekhar sir👌
Thank You Shekhar Kaka for decluttering :)
🤣🤣 kaka in tamil means crow..
@@clashroyalechampion lol good one..but what i meant is uncle not crow :D
When you cannot explain something clearly you fumble and go round and round. Steal from one to pay another. Create another loan to pay NPA. So the bank lends to the Pvt sector to pay to the government. And the poor common man sees his deposit become NPA, pays toll, pays exorbitant excise duty on petrol, what an economic jugglery to loot the common man.
Good Move! Government should focus on governance only and not the business. Also if assets are not earning then we are loosing development opportunity as that money could have build public Infra, health, security etc
Yeah for the 10% (rich and middle class) of this country this would be beneficial and no one else....
nobody bothers for middle class anyway. This will make more private (100% based on merit) jobs.
BJP does the stuff but it never reflects especially in the economy
It takes time dude..see even GST stated giving results now...
Great initiative. Hopefully it delivers for the economy. Govt track record on mega programs is not that great.
Great Video Sir, loved the depth on analysis and ease of articulation :)
The strange thing about us Indians are that we feel entitled to more services yet do not want more private participation that would generate wealth to pay for said services. We want more money spent on healthcare without stopping the bottomless money pit of Air India etc draining state resources which could be used for education, health. Indians have a parental view of how govt works where govt “looks after” us without understanding limitations of resources and citizen responsibilities such as paying tax. Where do they think all this money will come from? Taxing rich only gets you so far.
Thanks for writing to us, keep watching and sharing your points
Thank you for updating us on this cluttered topic
Don't you think that privatising the highways should be the last option?
@@ratanafashih7930 thank you for the question 🙏. First of all I would like to state that privatization for specific period of time would help in generating quick revenue which intern will help in multi dimensional growth of our country.
Secondly we Indians should believe in ourselves and stop speculation. If anything is not going right in future we always have the power of voting in democracy to guide our pathway. 🤗
@@bodhisattvaroy4650 You're right. It's your country. I just look around and see the problems elsewhere.
6:28 couldn't help noticing that shit 😂
That was a great explanation, thank you for putting the finer points.
Shekhar, Thank you for a great episode.
This is a radical and creative idea. Let’s not imagine the roadblocks.
Let’s imagine that the Centre has anticipated many of these & will implement these proposals so that it will translate into cash flows for the Govt & in turn benefit the less privileged among us.
Capitalism is good but monopoly and corruption should be avoided otherwise it will lead to slavery
Non natural Monopoly can't exist in a free market, only with government obstruction in some way.
I write this line in exam when I can't think anything
Just sell all of them, this will only lead to corruption.
This could only would have been possible in modi's era
yes, only he could have sold India.
When we debate that privatization is good for the country, we completely ignore that these private sector enterprise will again take loans from public sector banks and NPAs will only rise with again huge loan waive off by GoI, there is no win win situation in any case.
Even taxpayer money is used for funding Air India with a loss if 20 crores per day with the worst service. Same goes for BSNL. Also NPA doesn't mean written off. Their assets will be sold to recover the money.
You can say....People die on roads due to accident.......So stop building any road😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
But it is advised to drive carefully.....Not stop movement on roads
@@hemanthrudrapaka482 these are non sense....People.....They have sold their brains to communism not knowing that rights with which they speak shit .....Are not their in communism
@@shubhamjain6634 This is not a debate of communism vs. capitalism; and if capitalism was so great why do employees at the lower and mid echelons gets fired during pandemics eventhoughs the CEO keeps earning and amassing wealth.
People are saying that NATIONAL MONETISATION PIPELINE is a silvering to the Indian Problems, but why has different sectors (telecom, automobile, real state) is in doldrums and on rhe verge of collapse where there were huge private sector operating.
Every government pitches its policies with much fan and fare claiming it to be panacea to every problems but we should also remember poor implementation of policies (Demonetization, GST, etc) hits you.
Neither the government nor the people want to realise the real underlying problems of every sector of the economy.
People talk about the America model of Capitalism but ignores the fact of resource to population ratio of America vs. India.
Though inequality in America is more than India but as the resourse to population ratio is better in America people are better of.
Moreover, these ambitious monetization plans will lead to crony capitalism and equality will only rise with poor people paying more for every product.
People in india say that capitalism is good without realising how a private employer exploits its employees.
@@wwebittu9 capitalism does not mean ....Or in that case socialism also does not eans....That non skill full worker that is bottom of pyramid will not get effected........
We can get replacement for only unskilled work......
The thing you are arguing is crap....
Take example earlier times when mixer grinder was not their....People used to give employment directly to the labour who used to just grind their masala.....
You may think masala grinding with a grinder has taken thousand of jobs......
That's true......
But it has created jobs in manufacturing of machines.....
So ,for development of our nation we can't ban all the mixer grinder.....But what we can do is to create quality skilled people from those unskilled crap .....
So that those people who lost their livelihood of labour can become now skilled to work in industries which will definitely improve their living standards....After all semiskilled worker in an industry will earn more and with greater self respect then what earned by a wage labourer.
You commies even created a havoc when computers were adopted in country....See what IT sector is doing now.....Bloody short-sighted creep
This is the problem with your mindset
Can't say I'm liking the new gray bars there guys
Roads are already monetized, as you can see more than 40 km of road is being constructed everyday due to monetization of road. This step be better called chain monetization. You monetise-you earn-you invest and again monetize. Infrastructure is earning by itself. That's how roads in these days earn and construct.
I have read hundreds of articles on education and health the writers said we have to spend about 6% and 4-5% of our gdp on education and health respectively but if we see our gdp is about 200 lakh crores it means we have to spend 12 lakh crores on education and 8-10 lakh crores on health but our total budget amounts 34 lakh crores something has gone wrong🤔🤔🤔
GDP is not total Revenue. Government typically early 18-20% of GDP as revenue.
Thank you for a great episode, sir.
I have a few questions -
1. Why would a private player want to pay a huge amount of money upfront in expectation of a return that he might get over a few decades? Isn't that too risky from his point of view? Or, do the profit margins make it worthwhile?
2. By "renting" so many assets for decades at once, for an immediate award, is not the government compromising future sources of revenue? How will future governments raise money?
3. By incentivizing state governments to follow "privatisation", what benefit does the central government get? The state government gets rid of a liability, gets some money in return, and additionally gets the incentive from the center. What does the center get?
1. It's like keeping money in safe fd and getting it doubled after 10 years.
2.No bez with that money government will able to create more assets which can also be used to generate more money.
3.Its basic if states govt develop more the whole of India develops.
Not selling asset makes sense. The monetization is a good middle path that central government has come up with. Your videos are unbiased and transparent.
My worry is, state government might have sold the assets under the hood at throwaway price - e.g. the depots of BEST in Mumbai. Monetization of the assets (e.g. letting private companies run the bus services in Mumbai) - will help avoid further downfall (at the expense of taxpayers' money) - but wouldn't surface the fact that the asset belong to someone else already.
N. Sitharaman and team is doing sensible work.
Change with strong rules for big players and small ones so the small ones don’t get left behind
Who Gains? Break #GujaratiRaj, India will Prosper.
Coincidence or Clever Plan - 1947 saw Gujaratis Corporates and Gujarati Political Leadership (Gujarati Raj) replacing the Old East Indian Company and British Government (British Raj).
Mahatma Gandhi, Sardar Patel & Moraji Desai (Prime Minister & 2nd Most Powerful Men during Nehru reign), Mohammed Ali Jinnah, Feroze oJahaghir (alias Feroze Gandhi Father of Rajiv Gandhi and GrandFather Of Rahul Gandhi & Priyanka Vadra Gandhi ), Narendra Modi, Amit Shah all are of Gujaratis origins..Also to the list includes India’s Oldest Corporate, Largest Corporate, also the Most Number Of Corporates, 90% Of Fugitive Corporates - why are all of Gujarati Origin?
Petroleum & Petrochemical - Largest And all major private companies are owned by Gujaratis.
Telecommunications - With GOI support largest company is made to grow (how all rules where changed for JIO to grow from scratch to largest in 3 years time).
Defense - 75% of indigenous Defense Contracts are awarded to Gujarati Companies.
Ports - 90% of Private Ports In India is handled by a single Gujarati Corporate.
Airports - Recently GOI gave 6 Airports to a Gujarati Corporate for alms.
Now the status of Financial City Of India is stolen from Mumbai to Gujarat Ahmedabad by Modiji fraudulently.
Now the Payment Sector (all cash & online transaction clearances) which was done by Government Sector is going to be Transfer to Reliance.
Many more sectors also share same picture.
How come Majority of Pakistanis and Chinese Companies Established in India have Gujarati Corporates as their Legal Agents?
In last 5-6 years, 9 Gujaratis has amassed wealth equivalent to 70,00,00,000 Indians.
#GujaratiRaj has replaced #BritishRaj
Another Interesting Findings - How come Scamsters who swindled 10000s Of crores in last 3 decades are Gujaratis - we had likes of Harshad Mehta, Ketan Parikh, CR Bhansali, Nitin Sandesara and his brothers, Ambanis, Adanis, Mehul Choksi that brother of him Nirav Modi, Hitesh Madhubhai Patel fooling & looting public money. #GujaratiRaj looting India
Disclaimer: #GujaratiRaj or 'Gujju mafia' does not refer to tall the people of Gujarat. It refers to a particular criminal gang that has not only infiltrated the govt and govt services, but also the business community and the financial system to profit themselves through fraud and extortion.
History & Facts: 46 out of 72 years, we were ruled by Gujaratis or their immediate family. So, who was really ruining our country?
Ambanis, Adanis, Wadia Family, Dilip Shanghvi, Uday Kotak, Godrej Family, Mistry Family, Azim Premji, Hinduja Family - Top 10 Richest Indians ; all belong to GujaratiMafia
" family silver " should not be sold is an utterly stupid idea alive only in India.. having huge family silver in the locker and at the same time wallowing in poverty is a trait India alone could keep.. I am really sick and tired of these fellows..
Just go for a case study of last times recession and why India was not affected
India is the only country where whatsapp grads become economists and endorse such bhadwagiri.
don't defend bhadwagiri.
@A Lone Warrior more literate than you and your Lord Feku.Talk about real issues. My language is irrelevant.
It is because of you that am interested in India's affairs. Greetings from Germany.