She is such an excellent journalist -she listens to understand, she talks sense, she doesnt interrupt. She knows her stuff- has done her research and isn't attention seeking. Why dont we produce more journalists like her. Be like her.
Sab Kuchh Ho Raha,Lekin Filling Up Vacancies Nahi..Man On Job Are Exploited By Taking Out Of Roster, OT Not Given Every Where Except TATA. On Fear Of Loosing Job They Are Accepting Terms And Conditions Knowingly That Corporates Are Violating Hours Of Employment Rule. incorporated In Labour Laws. Law Commissioner Is There They Are Sitting Tight In Chamber And Passing Days By Stereo-Type Govt. Daily Work. Chalta Hai Chalega Khamos
Fantastic questions and logical (and thought provoking) answers. Great job Palki and only respect for a mind like Dr. Subramanian, this was an absolute treat to listen to!
You are not thinking in the right way Sir. Thanks to our forefathers they bring 7-8 children on average at that period of time. Imagine from mughal to all invasion & conversion, our population would have been shrinked. Two, Bharat & China historically were the most populous nations from the beginning. Take Mahabharat war for instance how much were involved in that war alone.
..here's another viewpoint...Do you really believe that family planning would had been accepted and applied to all sections across communities..NO..the peaceful minority BELIEVES IN POPULATON JIHAD..so perhaps Hindus would had complied and would had been in minority...
You are right. China is forcefully doing sterilization of Muslims. Keeping them in camps and trying to normalise them . We are a democracy so we can't do that although it would be ideal.
Such a beautiful and matured level of discussion, it’s awesome! It’s shows the depth of knowledge, maturity of both Palki Sharma and Dr. Krishnamurty Subramanian! I wonder why other news channels don’t indulge such discussions at least once in a while, instead of same mudslinging, shouting etc.every day ?
@cutie__19-k4n You don't mind ! Each in everyone got their own interests and any problems with you ? Life is like an art. I'm an artist. My viewpoints are different from you, so please do not need to bother other people interests. This world is free for good and not for the bad idealogy people. You, too, can get interests in anything that you like ! As long as you don't bother others, please bring peace to the world, not hate, and be happy for what you are. I did not mention you are a bad person. Everyone is good people who are born here for a reason . You, too, can find out for what reason you are born here for from spiritual practice .✨️ If you are interested ! ✨️
@@cutie__19-k4nwhat's wrong with him complimenting her about her looks?😏 He is not objectifying or sexualizing her right! 🤔 He's just complimenting her. So, what's wrong in that? 😒
Watching this Premiere , on this day , that I'm reading his book named India@100 at the page 37, Page by page his book captivates me. At the last word of this book , I'm hopeful it would set the virtual stage on the minds of people similar to me , who are envisaging a well developed economy at the centenary year of Indian Independence
Thank you First post & Palki !Excellent interview, intense , focused and well coordinated ! Yes the states need to be accountable for the funds they request and their responsibility in wealth creation. Most of them use it for dispensing freebies and maintaining anti social elements to threaten supporters of other parties in their state. More jobs yes but low or inadequate salaries for today's youngsters is equally frustrating, especially when they have zero work life balance and terrible travel challenges, be it by road, train etc. That's why many are leaving the country at the first instance, dreaming of a cleaner environment and better work place.
India has its own challenges 1. Food security - factor 1.6 billion people with looming threat of climate challenges. Food inflation is spiking. Our agri production is way below the expectation 2. Supply chain and logistics cost to be reduced lot. But every year increasing toll is not the way 3. Our dependency on China. Our trade imbalance is alarming 4. Cut down red tape in every govt department. Bring all services online and eliminate delay and corruption 5.Mandate our premier institutes to nation building. It is a shame we can't produce a fighter jet engine even today. List is long... India will grow with all the deficiencies for sure.
If you stop food wastage by building better storage systems, the present rate of production; would be enough. Reasonable control on population has been in place too
Great...at least one ...is practical..in analysis of a complex issue.... Palkiji give him a chance to express the ground realities of Indian economy. But ...writing only with data ... numbers...- &. "" STATISTICS " Graphical analysis with lucid..tongue tip English will run the Show but not the real burning ... important issues with scientific ... logical explanations....will not attract Viewrs. Understandable. Well commented,,,& a reply acknowledging,,the crux.
Possible -- wealth concentration by mighty people -- Person who had Rs 100 crore enmassed Rs 500 crore through various means .. National wealth increased - But it is with one person
@@kundurupavan1429 I am Ok with Rich become Richer through legitamate means . But here the means to garner wealth is all through corruption. 1000 crore in one term for a CM in Karnataka is given. It is easy as well .. Our contritution written for honest people has lot of holes which is exploited by all. That is the Issue .. If a INFOSYS CEO salary is say RS 10 crores it is OK ..
I still remember one mark question in 3rd standard -- What is the population of India .. That was 1975 -- It was 70 crores then .. Today it is doubled .. How come ?. Why population control measures which were vibrant in 1960s. 1970s dwindled after 1980s.. What stopped government establishment to think Population will find its own balance .. Damage is done now .. Any improvement is sucked by this burgeoning population within days .. Generation of 50 crore jobs is also less .. CHAOS and CORRUPTION is the natural outcome which we are seeing now
As someone who never misses watching palki’s live, when it comes to jobs & women safety & unequal pay I have only seen her criticism even for Indian govt. never seen her “claim” whatever cr@p u hv mentioned ya pulled that outta ur a$s
@@D.2601 OF COURSE you haven't. Palkee is only one telling the _truth_ like no one in this world can. Amazing! Now snap out of your deluded world. Oh wait, you can't. My bad Palkee is the best!
Please do not compare indis with Japan. A friend of mine who worked in Japan long time back told me that average Japanese works for 18 hrs per day in the company. My own experience in india. I purchased a new TATA car. When I reached their workshop for first serving I noticed a sea of difference as compared my to HONDA CITY workshop. Very poorly maintained workshop at tata motors, quality of work and customer interaction etc was telling its own story. Simple mathematical models will not be good enough. I had requested for back side camera which was never implemented with promises 10 time but no work. We have 50% of population which is good for nothing and lot of them sit in Govt office only collecting bribes and doing nothing. I can write a book on it and what about social upheavals all around us.
When it happens it happens, I wish it happens but looking at the current situation and the ongoing system of politicians , I am pessimistic about India's growth may even exceed Thailand per capita, forget about China and Japan.
Thanks Palki for making this video, lot of things learnt in this and thanks to dr subramanyan for delivering his excellent knowledge in Indian and global economy
Ms Palki, when talking to a renowned economist, please try not to make a point, because you do not have that ability, but just ask questions as you have been doing. But thanks for bringing a great guest, and please get him back regularly.
That's the problem with these journalist when they forget who they actually are and try to be in the role of an authority. Since this lady has this bad habit & don't let any stone unturned to show it over and over again.
Economists talking about creating jobs is one thing. Government policies is another. But real jobs are created by entrepreneurs not just only in tech.instead of bringing economists to talk jobs, why not bring real job creators with their vision - what are their issues? These need to be discussed.
Great Interview and great insights given by Dr. Subramanian on Indian Economy and effect of events in the world on India. Thanks for the very fruitful discussion.
Good interview overall - from ITI to skilling to importance of manufacturing, change in nature of jobs, incentives for startups - he makes some excellent points. I think the India govt should be consulting with Dr. Subramanyam on a daily basis.
Entrepreneurs (whether a big corporate or a small factory or shop) create jobs. The problem is that corruption is the root cause of all problems. Even a hawker who has no option but to sell on the street is harassed by the police and municipalities. Even if all the middle class people were educated well, there will still be a lot of unemployment. Unless we create decent roads, and have a good ecosystem for entrepreneurs, we are doomed. Just big corporates are not enough for creating jobs. We need small scale industries. Majority of our politicians are also uneducated and we have IAS officers taking orders from uneducated people.
A very apt interview for the times we are living. I am glad he pointed out the role of state governments. As a society with such diversity and population, we must invest right social infrastructure to nurture harmony and overall well-being rather than individual economic prosperity alone.
Undeniable fact is china,japan and Israel kids have been under robust and disciplined education system, skills and economy policies, SME Integration and growth is super good in those countries, here we still struggling in vicious cycle of religious politics, free bee and reservation schemes, thriving for govt jobs, again electing the leaders(they will increase reservations, free bees and religious politics), there are good people, skilled youth, genius people are leaving country for better lifestyle and growth opportunities. I wish my country will prosper soon ❤
We have grown by 7% in last 10 years even at lower base and growing population base. 8% growth rate over 30 long years is too optimistic and very biased. India with it's young workforce with median age of 30 should try to grow by 10% in next 5-6 years and then the growth will taper off. By 2047, we'll most likely to grow below 5% Just imagine what's he's saying..china(at 17 Trn USD) is growing by 4.5%, US (at 28 Trm USD) is growing by 2% and this wise gentlemen is projecting 8% even after india crossing 20 Trn. Such people are dampener for India's growth which only project future and not the reality.
Great.....Practical. Pertinent Points .....but. STATISTICS numbers by wild imagination will make India with 55....550 Trillion..... Great ambition he is IMF !!! God save king......
It is very difficult to operate business in India for small business owners. Student Government does not listen to us. Without small businesses, India would not be able to create a lot of jobs.
One of the decent, intellectual conversations between the interviewer and interviewee. Dr Subramanian's optimism for India based on the historical quality data (i.e. referencing Japan and China economies) is commendable. As he pointed out, the central and state government policies are the keys. Lets wait and watch.. Best wishes to India !!
Hello Palki, namaste. The entire interview serves as an eye opener, providing broader, well articulated knowledge helping to grasp clarity on various aspects of national and global aspects of the current and future economic realities. State governments need to be seriously accountable. The term highlighted: STATE GOVERNMENTS HAVE RESPONSIBILITES to prove! India Inc. too need to go more into R & D things! More Skill Development efforts - internship programs, I.T.I.s ... Palki earned compliments on each question she raised - Kudos!! THANKS!
I was really expecting some hard questions from palki because this guy is mostly talking without presenting data and the challenges part was really hilarious
One idea for large scale employment in India: India has 7500 kilometers coastal line. Construct sea road (0.5 kilometer wide) along the coastal line. At some places, the sea is shallow up to 10 kilometers where the development can be extended. This will employ millions of people in construction, transportation, tourism, etc.
Great interview Palki with the Indian Economist. Growrh is essential to Economic progress similar to Chinas economic boom turning to economic stagnation. My question is how would increase in energy prices also with the escalation of war could energy supplies be affected. God forbid. Keep up the good work Palki.
He is basically taking about inflation. Number will increase but value of money will equally decrease. When India reaches 55 trillion, US will be 200 trillion.
Youre probably assuming advanced economies today will continue to grow at the same rate in future? Sure one cant imagine a world where uncle Sam will let others come close to their position, thats totally a different discussion😁
@@jegr6607even at worse case compound interest beats all. Meaning it would take the United States 250+ years of doing nothing to get passed by china or India in gpd per person and purchasing in this lifetime. Which is fine. Everyone is a human. Eventually we will all die from a nuclear fallout or will be telling the people on Mars colony that the earth federation needs more tax. And history repeats itself
@@YouCantHandleTheTruth. Don't worry our population is already on the path to decline, read the latest reports suggest we will attain our population peak by 2031 from their on it will be steep declination.
India doesn't need these talking polished heads in economics, India should consult with Singapore or even Indonesia as to building infrastructure in volitale tropical climate.Singapore can help India understand the benefits of trash recycling. Medical services for women at zero cost when they are pregnant. Infrastructure, education, clean water, curtail police absurd and corruption, zero tolerance for rape
Medical subsidy for pregnant Women is not needed in India. We already have a humungous population. We should be bringing in new better policies like birth control and improving the lifestyle of common citizens.
Such a warm and crucial conversation touching different important topics on indian economys and its perspective while both of them were wonderful person plaki maam and Dr. Subramanian Sir you are legend to predict india into a 52 trillion economy in 2047
Hey remember when Modi said India will become a 5 trillion dollars economy 5 years ago, we are still at 3 trillion dollar. We were 2 trillion 5 years ago. How long will it take India to become 52 trillion dollar economy by 2047. You are delusional.
Enjoyed every bit of the conversation and fe)t encouraged that we have the potential of reaching a 55 trillion in the coming 23 - 24 yrs. I appreciate both you Palki & Dr Subramanian for giving us such a beautiful talk, on such complex matters.
I have lost hope on my country, it is extremely corrupt, nobody works honestly, u need to bribe to get something done, businesses and corporates exploit the common man making him work for more than 12 hrs at a minimum wage , today Satya Nadella and Sundar pichai are so successful because they left india, and that's why Indians abroad r so successful, nurses and doctors are also leaving India, law and order is the worst there is no place in this country to progress honestly.
contrast the above with 1 to 2 % GDP growth at best by Economist Arun Kumar Why Is No One Talking About India s Unorganised Sector? Economist Arun Kumar Explains Neon Show 1 to 2 % GDP growth at best. @44.30min Huge unemployment problem... Enormous corruption... Broken system everywhere Education failure etc... 1.08.40minsec when Indian conglomerates want technology... they will get govt to ....and those with technologies will run away... 1.33.40 being critical is knowledge generation, not anti national...But indians think it is..... So India is a failure... in development and progress.
หลายเดือนก่อน
@@biggpicture2930 what do you mean ,explain !
หลายเดือนก่อน
@@NeedPeaceInLife with every non sense etc we do why can't we allow slightly late grad and pg etc till 2026 atleast allow better and a more liberal education policy ? Who will work on real fronts nep has changed stuff for the better but still we need to be accepting and accomodating too
India is very different from china, and Japan. World also has changed. So India will remain poor by International standard., even in 75 years ...by Economist in World Bank, Dr Indermit Gill Odds Are Against India Ever Becoming a High Income Developed Country TheWire Note: "High Income" in deluded Indian sense
I appreciate Dr. Subramanyan's enthusiasm, but I do see several flaws in his explanation from a rigorous analytical perspective: 1. Lack of Inflation Adjustment: Nominal vs. Real GDP: He uses nominal GDP figures, which are not adjusted for inflation. This makes comparisons across time periods misleading, as the value of money changes significantly over decades. ₹9,000 in 1947 had far greater purchasing power than the same amount in 1991 or today. To accurately assess changes in living standards, he should use real GDP per capita (adjusted for inflation). Misleading Comparisons: Without inflation adjustment, the claim that India has "retrieved" its 1947 GDP per capita level is inaccurate. It implies that people are as well off today as they were in 1947, which is unlikely. 2. Ignoring Purchasing Power Parity (PPP): Cost of Living Differences: Nominal GDP per capita doesn't account for differences in the cost of living between countries. $2730 in India buys a different basket of goods and services than $2730 in the US. PPP adjusts for these differences, providing a more accurate measure of relative living standards. Underestimation of Progress: Using nominal GDP per capita likely underestimates India's progress compared to other countries. PPP-adjusted GDP per capita would likely show a more significant improvement. 3. Oversimplification of Growth Trajectory: Linearity Assumption: He implies a somewhat linear decline and recovery of GDP per capita, which is not accurate. Growth is rarely linear and is influenced by various factors. Lack of Context: He doesn't delve into the reasons behind the decline in the pre-liberalization era (e.g., socialist policies, slow industrial growth) or the factors driving growth post-1991 (e.g., economic liberalization, globalization). 4. Limited Scope of Metrics: Single Indicator Focus: Relying solely on GDP per capita provides an incomplete picture of development. Other crucial factors like poverty rates, income inequality, health outcomes, and education levels are essential for a comprehensive assessment. Neglecting Distribution: Even if GDP per capita has increased, it doesn't necessarily mean everyone has benefited equally. Analyzing income distribution and social indicators is crucial to understanding the impact on different segments of the population. 5. Potential for Bias: Selective Data: He focuses on specific years (1947, 1991, present) to support his narrative. A more comprehensive analysis would consider the entire time period and potential fluctuations in growth. Nationalistic Tone: While pride in one's country is natural, it's important to maintain objectivity in economic analysis. His presentation might be influenced by a desire to highlight India's achievements, potentially overlooking some challenges. In Conclusion: While Dr. Subramanyan's explanation captures the broad trend of India's economic journey, it suffers from significant methodological flaws. A more rigorous analysis requires adjusting for inflation, considering PPP, using a wider range of indicators, and providing a nuanced interpretation of the growth trajectory.
It only takes a few people like vijay Malaya to impact country's economy & people's optimism. Afterall Indian politicians & Banks loves to keep India's fate in top business men hands.
Very very optimistic, even fanciful. In real terms at 8% growth, it is 8 times in 27 years. So we end up with a per capita of $20,000 which is still commendable. But we have hardly done 7% real growth in the past 10 years. Now I do not take his numbers seriously because he is adding inflation to get nominal numbers. The problem someone may say - why limit to 5% inflation? let us make it 10% inflation. In that case nominal growth can be even more. Why not inflation at 20%? I don't know why inflation is added. let us do real growth of 6% which is more realistic.
Indian GDP Growth is one big lie. It is just the result of change in GDP number accounting, TWICE, once in 2017 and once in 2019. It hyped up the GDP growth number to honey trap foreign investments. It is not working. Just have a hyped Indian stock market for the gamblers. No one with a common sense would invest in India long term. The central government might have good wishes for the foreign investors. But local governments and local enterprises will eat these foreign investors alive, with difficulties in labor, land, water, electricity and even retroactive tax laws. Since 2023, there is huge out rush of foreign investors from India market. And it is getting worse. The Indian GDP growth will continue for sure, as its population keeps growing. But it is just PRODUCING THE SAME OLD JUNK FOR THE SAME OLD DOMESTIC MARKET and call it GDP Growth. More Cow Dungs, basically.
Nice Analysis based on facts with regards By Adv T E Barat Bushan Senior Advocate Member of MHAA Chennai ( Adv T E Barat Bushan S Acharya Chennai)& Sri Rama Jayam
On the question of we are not China and cannot have all approvals ready for investor signature. I would give the example of how Shri Narendra Modi as Chief Minister of Gujarat offered Tata land in Sanand for Nano within weeks. So yes it maybe difficult not impossible.
In my opinion, huge employment opportunity in Agriculture if corrected through river linking, Ethenol production income, fruits export, pulses consumer market within India can make India rich and least unemployment problem country.
She is such an excellent journalist -she listens to understand, she talks sense, she doesnt interrupt. She knows her stuff- has done her research and isn't attention seeking. Why dont we produce more journalists like her. Be like her.
Sab Kuchh Ho Raha,Lekin Filling Up Vacancies Nahi..Man On Job Are Exploited By Taking Out Of Roster, OT Not Given Every Where Except TATA.
On Fear Of Loosing Job They Are Accepting Terms And Conditions Knowingly That Corporates Are Violating Hours Of Employment Rule.
incorporated In Labour Laws.
Law Commissioner Is There
They Are Sitting Tight In Chamber And Passing Days By Stereo-Type Govt. Daily Work.
Chalta Hai Chalega
Khamos
Very intellectual conversation with Dr. Subramanyan who has a great understanding of domestic policies as well as global scenarios.
He's a hard working genius
Magical thinking by a fraudster
Yes but can he create jobs?
This seems paid comment
Was ever JOBS a priority for this political ruling party? Thought Hindutva was.
Fantastic questions and logical (and thought provoking) answers.
Great job Palki and only respect for a mind like Dr. Subramanian, this was an absolute treat to listen to!
Paid comment
He's very optimistic I must say!
This itself gives me idea what he has talked about!
Full insight on Indian Economy 🎉
If only we pushed family planning heavily from 1980s.. an extra 300 -400 million wouldn’t have been born.
People are brains not just stomach
You are not thinking in the right way Sir. Thanks to our forefathers they bring 7-8 children on average at that period of time. Imagine from mughal to all invasion & conversion, our population would have been shrinked.
Two, Bharat & China historically were the most populous nations from the beginning. Take Mahabharat war for instance how much were involved in that war alone.
Blame socailist policies and freebies & reservations for brain drain
..here's another viewpoint...Do you really believe that family planning would had been accepted and applied to all sections across communities..NO..the peaceful minority BELIEVES IN POPULATON JIHAD..so perhaps Hindus would had complied and would had been in minority...
You are right. China is forcefully doing sterilization of Muslims. Keeping them in camps and trying to normalise them . We are a democracy so we can't do that although it would be ideal.
Excellent Excellent interview. Thank you so much Palki for this!
In Palki's voice, a call to heed,
India's future, a pressing need.
For jobs to bloom in fields so wide,
To lift the nation with newfound pride.
With insights sharp and vision clear,
She speaks of growth, both far and near.
Opportunities must pave the way,
For brighter tomorrows, here to stay.
Such a beautiful and matured level of discussion, it’s awesome! It’s shows the depth of knowledge, maturity of both Palki Sharma and Dr. Krishnamurty Subramanian!
I wonder why other news channels don’t indulge such discussions at least once in a while, instead of same mudslinging, shouting etc.every day ?
Good looks, Palki Sharma, with your white suit's on ! And a marvellous interview to watch ! Brilliant !!! Love From Singapore 🇸🇬 ✨️ Thanks !!!
Help me understand why are you concerned with looks? Not trying to judge you but just curious
@cutie__19-k4n You don't mind ! Each in everyone got their own interests and any problems with you ? Life is like an art. I'm an artist. My viewpoints are different from you, so please do not need to bother other people interests. This world is free for good and not for the bad idealogy people. You, too, can get interests in anything that you like ! As long as you don't bother others, please bring peace to the world, not hate, and be happy for what you are. I did not mention you are a bad person. Everyone is good people who are born here for a reason . You, too, can find out for what reason you are born here for from spiritual practice .✨️ If you are interested ! ✨️
@@cutie__19-k4n coz looks matters, why cant u understand compliments? not necessarily every compliment has to be sexualized.
@@cutie__19-k4nwhat's wrong with him complimenting her about her looks?😏 He is not objectifying or sexualizing her right! 🤔 He's just complimenting her. So, what's wrong in that? 😒
It's always pleasure to hear Palki mam and the the reply of celebrities who feel so comfortable with here ....🎉
Her insights weave a hopeful tale,
Of growth and progress without fail.
For every worker, a chance to see,
A prosperous nation, strong and free.
India needs more jobs. Wow!! Great insight. Never occurred to me.
😂🤣
😂😂😂
Super… what an analogy IMF loan vs Doctors bitter pill!
Very informative. Thanks for bringing that. I was missing his thoughts on Agriculture, which is an integral part of people's life and the economy
Mr. Krishnamurthy must go to every state and have meetings about the role of that particular state…in India@100
Watching this Premiere , on this day , that I'm reading his book named India@100 at the page 37, Page by page his book captivates me. At the last word of this book , I'm hopeful it would set the virtual stage on the minds of people similar to me , who are envisaging a well developed economy at the centenary year of Indian Independence
Rigorous analysis by projecting japan and china on to india... that is completely non rigorous... but magically thinking.
Very indepth and rooted discussion, one of the best interview ever. Thank you firstpost.
Thank you First post & Palki !Excellent interview, intense , focused and well coordinated ! Yes the states need to be accountable for the funds they request and their responsibility in wealth creation. Most of them use it for dispensing freebies and maintaining anti social elements to threaten supporters of other parties in their state.
More jobs yes but low or inadequate salaries for today's youngsters is equally frustrating, especially when they have zero work life balance and terrible travel challenges, be it by road, train etc.
That's why many are leaving the country at the first instance, dreaming of a cleaner environment and better work place.
You missed Dr Subramaniam, India is going to become global hub for food supply chain and is going to blow away all the previous assumed headwinds
How TF endia become the hub for food supply chain. endia has absolutely no hygiene consideration.
India has its own challenges
1. Food security - factor 1.6 billion people with looming threat of climate challenges. Food inflation is spiking. Our agri production is way below the expectation
2. Supply chain and logistics cost to be reduced lot. But every year increasing toll is not the way
3. Our dependency on China. Our trade imbalance is alarming
4. Cut down red tape in every govt department. Bring all services online and eliminate delay and corruption
5.Mandate our premier institutes to nation building. It is a shame we can't produce a fighter jet engine even today.
List is long... India will grow with all the deficiencies for sure.
If you stop food wastage by building better storage systems, the present rate of production; would be enough. Reasonable control on population has been in place too
Great...at least one ...is practical..in analysis of
a complex issue.... Palkiji
give him a chance to express
the ground realities of Indian
economy.
But ...writing only with data ...
numbers...- &. "" STATISTICS "
Graphical analysis with
lucid..tongue tip English
will run the Show but not
the real burning ... important
issues with scientific ... logical
explanations....will not attract
Viewrs.
Understandable.
Well commented,,,& a reply
acknowledging,,the crux.
While India is getting richer, unemployment rate is also getting higher. How is that possible?
Wealth disparity, unemployable youth.
Because the poor produce babies like there's no tmr!!
Possible -- wealth concentration by mighty people -- Person who had Rs 100 crore enmassed Rs 500 crore through various means .. National wealth increased - But it is with one person
Rich are getting richer. There is economic improvement for poor and middle class
@@kundurupavan1429 I am Ok with Rich become Richer through legitamate means . But here the means to garner wealth is all through corruption. 1000 crore in one term for a CM in Karnataka is given. It is easy as well .. Our contritution written for honest people has lot of holes which is exploited by all. That is the Issue .. If a INFOSYS CEO salary is say RS 10 crores it is OK ..
I still remember one mark question in 3rd standard -- What is the population of India .. That was 1975 -- It was 70 crores then .. Today it is doubled .. How come ?. Why population control measures which were vibrant in 1960s. 1970s dwindled after 1980s.. What stopped government establishment to think Population will find its own balance .. Damage is done now .. Any improvement is sucked by this burgeoning population within days .. Generation of 50 crore jobs is also less .. CHAOS and CORRUPTION is the natural outcome which we are seeing now
80% of the Indian talent does not want to work
GDP is growing but strangely not people's incomes. Expenses have risen massively.
The guest, an expert in economic trends,
Shares data and advice, as growth he lends.
Numbers clear, examples bright,
Guiding policies to the light.
India's job crisis??? B-b-b-but Palkee claims India has been producing jobs left and right, top and bottom, and India will be the superpower.
As someone who never misses watching palki’s live, when it comes to jobs & women safety & unequal pay I have only seen her criticism even for Indian govt. never seen her “claim” whatever cr@p u hv mentioned ya pulled that outta ur a$s
@@D.2601 OF COURSE you haven't. Palkee is only one telling the _truth_ like no one in this world can. Amazing!
Now snap out of your deluded world. Oh wait, you can't. My bad Palkee is the best!
It's a treat to watch all videos of Palki. Great show.
Thank you sir for giving opportunity to understand broader economic policy
Please do not compare indis with Japan. A friend of mine who worked in Japan long time back told me that average Japanese works for 18 hrs per day in the company.
My own experience in india. I purchased a new TATA car. When I reached their workshop for first serving I noticed a sea of difference as compared my to HONDA CITY workshop. Very poorly maintained workshop at tata motors, quality of work and customer interaction etc was telling its own story.
Simple mathematical models will not be good enough. I had requested for back side camera which was never implemented with promises 10 time but no work.
We have 50% of population which is good for nothing and lot of them sit in Govt office only collecting bribes and doing nothing.
I can write a book on it and what about social upheavals all around us.
I agree on this. Majority of japanese and majority of Indians are polar opposite. The believe in working hard, we like having it easy.
Very good point State governments should be questioned and do more on reforms and growth
When it happens it happens, I wish it happens but looking at the current situation and the ongoing system of politicians , I am pessimistic about India's growth may even exceed Thailand per capita, forget about China and Japan.
वह प्रगति की बात करती है, एक उम्मीद भरी धुन,
हलचल भरे बाज़ारों, सुबहों और दोपहरों की।
हर युवा के लिए, आगे बढ़ने का मौका,
विशाल और खुले आसमान के नीचे.
Thanks Palki for making this video, lot of things learnt in this and thanks to dr subramanyan for delivering his excellent knowledge in Indian and global economy
Ms Palki, when talking to a renowned economist, please try not to make a point, because you do not have that ability, but just ask questions as you have been doing. But thanks for bringing a great guest, and please get him back regularly.
That's the problem with these journalist when they forget who they actually are and try to be in the role of an authority. Since this lady has this bad habit & don't let any stone unturned to show it over and over again.
Economists talking about creating jobs is one thing. Government policies is another. But real jobs are created by entrepreneurs not just only in tech.instead of bringing economists to talk jobs, why not bring real job creators with their vision - what are their issues? These need to be discussed.
Great Interview and great insights given by Dr. Subramanian on Indian Economy and effect of events in the world on India. Thanks for the very fruitful discussion.
Good interview overall - from ITI to skilling to importance of manufacturing, change in nature of jobs, incentives for startups - he makes some excellent points. I think the India govt should be consulting with Dr. Subramanyam on a daily basis.
Entrepreneurs (whether a big corporate or a small factory or shop) create jobs. The problem is that corruption is the root cause of all problems. Even a hawker who has no option but to sell on the street is harassed by the police and municipalities. Even if all the middle class people were educated well, there will still be a lot of unemployment. Unless we create decent roads, and have a good ecosystem for entrepreneurs, we are doomed. Just big corporates are not enough for creating jobs. We need small scale industries. Majority of our politicians are also uneducated and we have IAS officers taking orders from uneducated people.
What a brilliant interview. So much insights on the future of this Great Country
A very apt interview for the times we are living. I am glad he pointed out the role of state governments. As a society with such diversity and population, we must invest right social infrastructure to nurture harmony and overall well-being rather than individual economic prosperity alone.
@@srinivasaadipudi6732 true
Undeniable fact is china,japan and Israel kids have been under robust and disciplined education system, skills and economy policies, SME Integration and growth is super good in those countries, here we still struggling in vicious cycle of religious politics, free bee and reservation schemes, thriving for govt jobs, again electing the leaders(they will increase reservations, free bees and religious politics), there are good people, skilled youth, genius people are leaving country for better lifestyle and growth opportunities. I wish my country will prosper soon ❤
The real definition of women of new era ❤
Ambitious perspective of India growing up to be a $55 trillion by 2047 an arithmetic by Dr. Subramanian based on the growth data from 1970 until now🎉
We have grown by 7% in last 10 years even at lower base and growing population base.
8% growth rate over 30 long years is too optimistic and very biased.
India with it's young workforce with median age of 30 should try to grow by 10% in next 5-6 years and then the growth will taper off. By 2047, we'll most likely to grow below 5%
Just imagine what's he's saying..china(at 17 Trn USD) is growing by 4.5%, US (at 28 Trm USD) is growing by 2% and this wise gentlemen is projecting 8% even after india crossing 20 Trn.
Such people are dampener for India's growth which only project future and not the reality.
Great.....Practical. Pertinent
Points .....but. STATISTICS
numbers by wild imagination
will make India with 55....550
Trillion.....
Great ambition he is IMF !!!
God save king......
Good financial analysis of Indian economy. End of the day India needs more jobs for the emerging generation.
She is just perfect for journalism perfect perfect.....
I feel he is enjoying taking her first name again and again to the entire duration of the interview
Great conversation.. loved it.. great questions pondered by palki sharma…
It is very difficult to operate business in India for small business owners. Student Government does not listen to us. Without small businesses, India would not be able to create a lot of jobs.
Pureplay Math / Economic Mastercalss!
You know its a serious Conversation when the Guest talks in terms of Percentages!
Only MSME sector can provide more jobs. Leave MSME sector alone with minimum statutory controls, they will create wonders
We can't be slaves money isn't everything
Cute boy😂😂
One of the decent, intellectual conversations between the interviewer and interviewee. Dr Subramanian's optimism for India based on the historical quality data (i.e. referencing Japan and China economies) is commendable. As he pointed out, the central and state government policies are the keys. Lets wait and watch.. Best wishes to India !!
Very informative and well managed conversations . Highly appreciated.
Hello Palki, namaste.
The entire interview serves as an eye opener, providing broader, well articulated knowledge helping to grasp clarity on various aspects of national and global aspects of the current and future economic realities.
State governments need to be seriously accountable. The term highlighted: STATE GOVERNMENTS HAVE RESPONSIBILITES to prove!
India Inc. too need to go more into R & D things!
More Skill Development efforts - internship programs, I.T.I.s ...
Palki earned compliments on each question she raised - Kudos!! THANKS!
Very good, informative and qualitative content, Palki.
I was really expecting some hard questions from palki because this guy is mostly talking without presenting data and the challenges part was really hilarious
Very interesting to watch this as a foreigner or outsider. India such an intruiging place!
One idea for large scale employment in India: India has 7500 kilometers coastal line. Construct sea road (0.5 kilometer wide) along the coastal line. At some places, the sea is shallow up to 10 kilometers where the development can be extended. This will employ millions of people in construction, transportation, tourism, etc.
OUR PM asks the youth to open bakkoda shops right so better to follow our VISWA GURU 's instructions 😂😂😂😂
Very well explained he needs to educate his knowledge to all diffrent shows and universities keep it up gentleman good luck
Thanks for raising this issue
Enlightening views on indian and global economy.
Great interview Palki with the Indian Economist. Growrh is essential to Economic progress similar to Chinas economic boom turning to economic stagnation. My question is how would increase in energy prices also with the escalation of war could energy supplies be affected. God forbid. Keep up the good work Palki.
He is basically taking about inflation. Number will increase but value of money will equally decrease. When India reaches 55 trillion, US will be 200 trillion.
Youre probably assuming advanced economies today will continue to grow at the same rate in future? Sure one cant imagine a world where uncle Sam will let others come close to their position, thats totally a different discussion😁
@@jegr6607 If the US fails, everyone fails in the current setup.. more than half of india will be unemployed if US companies stop hiring
India's population will reach 55 trillion before its GDP.
@@jegr6607even at worse case compound interest beats all. Meaning it would take the United States 250+ years of doing nothing to get passed by china or India in gpd per person and purchasing in this lifetime. Which is fine. Everyone is a human. Eventually we will all die from a nuclear fallout or will be telling the people on Mars colony that the earth federation needs more tax. And history repeats itself
@@YouCantHandleTheTruth. Don't worry our population is already on the path to decline, read the latest reports suggest we will attain our population peak by 2031 from their on it will be steep declination.
Brilliant conversation, thank you!
8% growth harder and harder once the base increases.
Yes and no. GDP per capita's base would still be much lower than the best of the world. So, 8% is possible for a longer time than we think.
“I don’t want to leave at that.” Masterful, Palki!
Enlightened me on broad spectrum of economics 🎉🎉
India doesn't need these talking polished heads in economics, India should
consult with Singapore or even Indonesia as to building infrastructure in volitale
tropical climate.Singapore can help India understand the benefits of trash recycling. Medical services for women at zero cost when they are pregnant. Infrastructure, education, clean water, curtail police absurd and corruption, zero tolerance for rape
Medical subsidy for pregnant Women is not needed in India. We already have a humungous population. We should be bringing in new better policies like birth control and improving the lifestyle of common citizens.
What a conversation between india 😊😊😊
Great interview by both of u good inteligent questions and very well answered and explained by dr subramanium
MY EYES NEVER DISTRACT FROM THE FACE OF PALKI MAM
get psychological treatment
I need to borrow your beer goggles.
@@YouCantHandleTheTruth. 😆 nice roast, dude
Fantastic, superb interview.
We have to create a unique model. I agree with Palki
Such a warm and crucial conversation touching different important topics on indian economys and its perspective while both of them were wonderful person plaki maam and Dr. Subramanian Sir you are legend to predict india into a 52 trillion economy in 2047
Hey remember when Modi said India will become a 5 trillion dollars economy 5 years ago, we are still at 3 trillion dollar. We were 2 trillion 5 years ago. How long will it take India to become 52 trillion dollar economy by 2047. You are delusional.
Very good conversation it gives some hope about our country
*PALKI MAAM HAS THAT AURA WHICH OTHERS DONT HAVE*
Enjoyed every bit of the conversation and fe)t encouraged that we have the potential of reaching a 55 trillion in the coming 23 - 24 yrs. I appreciate both you Palki & Dr Subramanian for giving us such a beautiful talk, on such complex matters.
I think he's excellent
I have lost hope on my country, it is extremely corrupt, nobody works honestly, u need to bribe to get something done, businesses and corporates exploit the common man making him work for more than 12 hrs at a minimum wage , today Satya Nadella and Sundar pichai are so successful because they left india, and that's why Indians abroad r so successful, nurses and doctors are also leaving India, law and order is the worst there is no place in this country to progress honestly.
Rigorous analysis by projecting japan and china on to india... that is completely non rigorous... but magically thinking.
contrast the above with 1 to 2 % GDP growth at best by Economist Arun Kumar
Why Is No One Talking About India s Unorganised Sector? Economist Arun Kumar Explains Neon Show
1 to 2 % GDP growth at best. @44.30min Huge unemployment problem... Enormous corruption... Broken system everywhere Education failure etc...
1.08.40minsec when Indian conglomerates want technology... they will get govt to ....and those with technologies will run away...
1.33.40 being critical is knowledge generation, not anti national...But indians think it is..... So India is a failure... in development and progress.
@@biggpicture2930 what do you mean ,explain !
@@NeedPeaceInLife with every non sense etc we do why can't we allow slightly late grad and pg etc till 2026 atleast allow better and a more liberal education policy ? Who will work on real fronts nep has changed stuff for the better but still we need to be accepting and accomodating too
India is very different from china, and Japan. World also has changed. So India will remain poor by International standard., even in 75 years ...by Economist in World Bank, Dr Indermit Gill
Odds Are Against India Ever Becoming a High Income Developed Country TheWire
Note: "High Income" in deluded Indian sense
India needs to reduce population and do whatever measures
I appreciate Dr. Subramanyan's enthusiasm, but I do see several flaws in his explanation from a rigorous analytical perspective:
1. Lack of Inflation Adjustment:
Nominal vs. Real GDP: He uses nominal GDP figures, which are not adjusted for inflation. This makes comparisons across time periods misleading, as the value of money changes significantly over decades. ₹9,000 in 1947 had far greater purchasing power than the same amount in 1991 or today. To accurately assess changes in living standards, he should use real GDP per capita (adjusted for inflation).
Misleading Comparisons: Without inflation adjustment, the claim that India has "retrieved" its 1947 GDP per capita level is inaccurate. It implies that people are as well off today as they were in 1947, which is unlikely.
2. Ignoring Purchasing Power Parity (PPP):
Cost of Living Differences: Nominal GDP per capita doesn't account for differences in the cost of living between countries. $2730 in India buys a different basket of goods and services than $2730 in the US. PPP adjusts for these differences, providing a more accurate measure of relative living standards.
Underestimation of Progress: Using nominal GDP per capita likely underestimates India's progress compared to other countries. PPP-adjusted GDP per capita would likely show a more significant improvement.
3. Oversimplification of Growth Trajectory:
Linearity Assumption: He implies a somewhat linear decline and recovery of GDP per capita, which is not accurate. Growth is rarely linear and is influenced by various factors.
Lack of Context: He doesn't delve into the reasons behind the decline in the pre-liberalization era (e.g., socialist policies, slow industrial growth) or the factors driving growth post-1991 (e.g., economic liberalization, globalization).
4. Limited Scope of Metrics:
Single Indicator Focus: Relying solely on GDP per capita provides an incomplete picture of development. Other crucial factors like poverty rates, income inequality, health outcomes, and education levels are essential for a comprehensive assessment.
Neglecting Distribution: Even if GDP per capita has increased, it doesn't necessarily mean everyone has benefited equally. Analyzing income distribution and social indicators is crucial to understanding the impact on different segments of the population.
5. Potential for Bias:
Selective Data: He focuses on specific years (1947, 1991, present) to support his narrative. A more comprehensive analysis would consider the entire time period and potential fluctuations in growth.
Nationalistic Tone: While pride in one's country is natural, it's important to maintain objectivity in economic analysis. His presentation might be influenced by a desire to highlight India's achievements, potentially overlooking some challenges.
In Conclusion:
While Dr. Subramanyan's explanation captures the broad trend of India's economic journey, it suffers from significant methodological flaws. A more rigorous analysis requires adjusting for inflation, considering PPP, using a wider range of indicators, and providing a nuanced interpretation of the growth trajectory.
It only takes a few people like vijay Malaya to impact country's economy & people's optimism. Afterall Indian politicians & Banks loves to keep India's fate in top business men hands.
Why do economists shy away from criticising central government? Fear?
As per the current status, the situation in india may not change in next 50 years at least
Very very optimistic, even fanciful. In real terms at 8% growth, it is 8 times in 27 years. So we end up with a per capita of $20,000 which is still commendable. But we have hardly done 7% real growth in the past 10 years. Now I do not take his numbers seriously because he is adding inflation to get nominal numbers. The problem someone may say - why limit to 5% inflation? let us make it 10% inflation. In that case nominal growth can be even more. Why not inflation at 20%? I don't know why inflation is added. let us do real growth of 6% which is more realistic.
Indian GDP Growth is one big lie. It is just the result of change in GDP number accounting, TWICE, once in 2017 and once in 2019. It hyped up the GDP growth number to honey trap foreign investments. It is not working. Just have a hyped Indian stock market for the gamblers. No one with a common sense would invest in India long term. The central government might have good wishes for the foreign investors. But local governments and local enterprises will eat these foreign investors alive, with difficulties in labor, land, water, electricity and even retroactive tax laws.
Since 2023, there is huge out rush of foreign investors from India market. And it is getting worse. The Indian GDP growth will continue for sure, as its population keeps growing. But it is just PRODUCING THE SAME OLD JUNK FOR THE SAME OLD DOMESTIC MARKET and call it GDP Growth. More Cow Dungs, basically.
Indians dream and this Indian is no different.
Nice Analysis based on facts with regards By Adv T E Barat Bushan Senior Advocate Member of MHAA Chennai ( Adv T E Barat Bushan S Acharya Chennai)& Sri Rama Jayam
What an interview
She didn't want to start a math olympiad with him when he started broadcasting numbers 😆
On the question of we are not China and cannot have all approvals ready for investor signature. I would give the example of how Shri Narendra Modi as Chief Minister of Gujarat offered Tata land in Sanand for Nano within weeks. So yes it maybe difficult not impossible.
Palki is hot AF with good knowledge, my media crush ❤❤❤
We shud solve internal problems first rather focus on international ones
Hi palki sharma ji , Please try to bring more like this
This channel is owned by mukesh ambani, how can we expect unbiased journalism
India is going to become super power 🔋 💪 😊
Did you play that record from Palkee's broken turntable?
And by 2050 we r going to make our own rs100 indegenios earphone
In my opinion, huge employment opportunity in Agriculture if corrected through river linking, Ethenol production income, fruits export, pulses consumer market within India can make India rich and least unemployment problem country.