Indian Economy: Fact vs Fiction • GDP, Savings, Employment, Stock Market • Prof RV
ฝัง
- เผยแพร่เมื่อ 21 ก.ค. 2024
- What makes up the Indian Economy? How much of it is formal and how much informal? How does Black Money impact it? Prof RV explains it and also explores the Gross Domestic Product (GDP) as a concept, among other things.
#IndianEconomy #Economy #DP #Savings #Employement #Jobs #StockMarket
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00:00 - Intro
01:50 - India Britian relations
03:04 - Indian economy, Stock market and GDP
15:12 - Service sector
21:20 - Savings pattern in India
28:35 - Who controls the markets?
38:03 - Employment and entrepreneurships
49:17 - Why a rising economic power like Bharat providing food security to 80 crore Indians?
50:20 - Should government reward tax payers so that more tax payers will be added?
53:11 - India in a position to grow defence budget?
54:38 - Is there any action against Tamil Nadu government model schools promoting LGBTQ woke culture?
55:22 - Making land non-saleable - บันเทิง
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Hope that prof RV becomes our finance minister
Auditor S.Gurumurthy keeps saying in every platform that Bharat and China are the major thrift ( small savings) based societies in the world apart from many other asian countries
He also emphasises that Bharat can produce all that is needed by the domestic population without importing except the oil and gas.
Probably True. But, this would result in ‘Not-The-Most-Efficient’ model. We would be practicing an Isolation policy, and our exports would not be enough for the Oil and Gas Imports. Also, no Foreigner would want to invest in a Closed Economy
What a fantastic analysis by PROF . He should appointed as economic advisor of our country . Look forward to his future talks .
What a beautiful remark followed by Indian business community inherited from western culture “WEARING TIE TO TELL LIE” Phrase to be remembered while speaking to a person wearing a TIE.jai hind.
@@balakrishnanl7241
கையில பை
கழுத்துல டை
வாயில பொய்
Best remark.😂. But chidambaram was one step ahead. He wore a tie to lie and after that wore a loongi to full innocent tamilians. And lo and behold...he and his son alongwith Raghuram rajan looted tamilians first followed by looting India.
:))
As usual, an honour listening to the Professor.
It might be a good idea to increase his program duration to about 75 minutes, not counting the Q&A part.
Prof Mani is a gem. 100% true about govt employees.
Sri Iyer Sir, please show your technical person Mr.Sachin once on the screen.
corruption black money bureaucracy courts lack of reform etc are Main obstacles of India development
Thanks Sri Iyer Garu, for bringing back Sri RV Garu on regular talk.
Sri RVs talks are very insightful, educating and humorous 🙏
Prof is great and listening to him brings back the days of practical Economics, not what is taught in institutions
As a santhani I don’t care about Indian GDP my only focus how they protect Hindus from Islamic and Christian institutions
You are a real Papu. Islam spread when the Arabs controlled the spice trade between the east and the west thereby increasing GDP. It's when the European GDP went up that Christianity spread all over the world. The strongest defence of Hinduism is the Hindu GDP. Poverty and social discrimination are the two main reasons for conversions. If all sections of Hindus progress economically and are accorded the same social status, they will never entertain preachers of any faith. Coercion and legislation are going to stop people from converting. The GDP matters. Conversions from the higher castes are negligible.
Dharma moolo arthaha by Chanakya
Thanks to Professor Vaidyanathan for his lucid and enlightening presentation of the facts of the Indian economy which should silence the critics of our country's economy status. As pointed out by him foreign-trained pedants of economy cannot and do not wish to understand how Indian economy functions in our country.
Thanks
True
Prof RV analysis is truly an eye opener. I hope the Government is listening. Thank you Sree Iyer ji and Prof RV for this highly practical discussion.
My observations in India.
1. Lawyers, doctors, priests (who come for functions @ home) , tour operators, etc. Only cash payments w/o receipts and hence not captured.
Last month, I was in hardware and bought some medicine, no receipts (for my medical claim), likewise when I visited udaipur and bought some bedsheets, again no receipts.
This shows many cash transactions not even QR code payments. They don't want even this.
Two factors from this: unaccounted money circulation and
Cannot be measured on economic prospect or statistical data on domestic economic measures
Indians are intelligent,jugadu.. hard working as always so they servive and grow without harming anyone
PM Modi we want action not warning. Last 10 years you and your your home minister did nothing to destabilze this left wahavi ecosystem of US and Europe deep state, Pak ISI, china who are continuously funding Indian NGOs and few political leaders to break the democracy of our country. If you are a real nationalist leave the dream of developed country and strategize the breaking this anti India forces ( internal and external) through your toughest action in the Indian history.
Agreed
Sorry to say, where was these comments when dumb MMS said after mumbai attack in 2008. I witnessed the 1993 blasts. What action was taken. Here things move.
What have YOU done for the nation and for the cause of breaking these left forces apart from whining
Agreed
What is your actions. Did you atleast vote correctly this time.
Respected Shri.R.Vaidyanathan sir,It is always a pleasure to see you in P.Guru’s channel exhibiting your vast experience about our present & future economy simultaneously sharing his valuable knowledge.Wish Modi government engage such intellectual for invaluable input and augment economy progress speedily.Jai hind.
Tks
Indian stock market is indirectly controlled by US Investors because they have lots of money.
Whole world market control by federal Bank of America ,, u don't know power of dollar dominance
No Indian domestic investors are the once that hold the market and Labour Party in UK and right wing gaining power in France will drive the investment into Asian economies and India will also benefit.
@@blank4381 Dont expect much from Labor party in UK. Macron is a friend. His party is on center. We have to build relationship with Marine Le Pen who is member from far right political party. She may control refugee situation and control illegal immigration. FDI will flow-in as along we have growth and political stability to park in the pension money. Even Canada will park in their pension money in India.
Indian retail investment in Stock market is not significant comparef to FDI / FII. We will have investment as long our GDP is growing and we have a stable government at the center pushing for development.
Domestic savings is high compared to US. Currently stock market (including government debt bonds) is eating away SB / FD account money as gains are higher compared to pittance in SB account.
@@aruniyengar5430❤
Superb analysis by Prof. Caste clusters for economic development- an eye opener.
Russia GDP% is higher now than most Western World
Prof is a gem. I learned so much from today’s video. Pgurus should invite him mire often. Thank you Iyer ji and Prof
Thanks to Prof RV. Summarised data presented in a nut shell with the professor's unique touch of humour. Thanks to Iyer for bringing in such great teachers.
1 year of Economics class put into a 1-hour video. Really great content @prof RV ji
Tks
Sachin is P Guru's toolkit🎉🎉🎉🎉
The economy of this country is built on the average American, so if their money disappears, unemployment will move north and it will just say, "You have an unexpected month." That money will run out quickly if you have a lot of student loans that are about to become due.
by then, at least one cut I believe that September is when it happened since it will come up during the election. Since it's an retirement topic, I believe the FED will make cuts in September. If they don't make cuts in September
I have this much in a bank account, this much in a taxable brokerage account, this much in a regular IRA, and this much in a 401(k) plan offered by my employer. I currently own 70% of my money in bonds and 30% in stocks, or a comparable mix. She can be reached at *Leah* *Foster* *Alderman* You should thus have a very clear image of your existing situation when she responds to your initial meeting, which should be supplied at no expense to you.
a great assessment of her, yet the economy is doing great 😂😂
Thanks
Sensex is sexy nowadays without any morality.
Professor R.V, You are erudition itself. Thanks so much for explaining complex concepts OF Economics so well.
Tks
What a profound knowledge Prof.RV has got! Amazing! Simple words are used to convey the message. No need to read any news papers. Or watch TV channels. In just 30 min you are updated on Indian economy with real truth. Grateful to Prof RV and the host Iyer.
Thanks,
Manohar
Thanks
My good professor from 1997 is refreshing as ever ❤❤❤❤
I have never heard a lecture on Indian economy so interesting..so many facts which never got studied or reported.
Thought provoking discussion by RV.. Detailed input about actual economic activities without focusing on Stock market as a barometer of economic activities 👌❤️👌
Sir you are informative it reminds me of late seventies in college
Tks
for your information, Entire payment of Ayodhya settment paid by Yogiji before work started. This was informed by Yogiji in Assembly. You are wrongly assumed that payment has not been made while discussing reason for bad performance of UP pariliament results.
Yes pgurus should find out before speaking this rumour that the poor land owners were not compensated. We know Yogi hi is very competent and very sensitive to such matters.
Great you give time to your guests to open up. Nice insights❤
Prof RV was not only enlightening,as usual, but also kept OT lively. Thank you Prof and Sri Iyerji 😊
Tks
I never miss Prof.RV because not only is it logical information but also joy from from start to end, laughing still to hear wear a tie tell a lie and sell the nei(ghee) awesome dialogue
:)) thanks
Prof RV . You are truly amazing. So simple and lucid. Every school student after 8th class must be listening to RV and if required a special program must be made for them so that the current gen values our intrinsic business acumen.
Currently the metrology dept which should focus on weights, measures and quality is one of the biggest harassment agency for small and medium operators .
Tks
Prof, it's always a pleasure hearing you speak.
Excellent information -- Thanks a lot -- This is educative ..
Wonderful analysis 🙏 should be part of govt policies making so much of knowledge
Amazing and Remarkable Observations!
Iyer is doing a phenomenal job here ❤
Prof Vaidyanathan ji and Sree Iyer ji KO Naman 🙏 for an Excellent Presentation .
Tks
Awesome inputs as usual from my genius Guru Professor RV
Brilliant point there on Caste Cluster. Must be learned really well from @23:00
In medieval times people used to stay in caste clusters for security and social reasons. Even in urban areas you will find apartment dominated by certain castes or religion . Even in modern India the caste mindset and insecurity prevails and presists. This is tragic and professor is saying something which every layperson knows
I wish my two favourites discuss and confront one another with facts and reasoning. Wish Prof. RV Ji and Dr. Ankit Shah Ji have a discussion with hard facts.
Should India leave common wealth in case new labour Govt starts medddling in our internal matters?
It will make no difference if we leave or stay
Yes.
As always love to watch the sessions of Professor RV & Sree Iyyer
Jai Shri Ram
Wonderful insight into Indian economy
Informative and entertaining. Most of it is known. At 82, I am struggling with some Akrama Sakrams barrier for land which I purchased 45 years ago. Painful and pathetic.
Be mentally prepared for BIG BUDGET DISSAPOINTMENTS!
Another BJP Masterstroke!🤣😅
Prof RV s programme is always a pleasure very very informative and knowledgeable. I am a housewife and for women like me very very informative. Look forward to his programmes
Lovely lecture professor, very interesting and informative
Excellent talk. An eye opener regarding reservations. However, not all government servants are corrupt. I myself and my father never took a rupee or any privileges despite being government servants
Exceptions prove rule:)))
🙏
Great story of the NADARS and so much to learn and know : great insights and it is a pity why we are never taught this in our culture and history , except we are told who ruled us and destroyed our country
Prof RV is a grass-root man, he has so much facts n figures of our economy (of course, foreign economies also). It's amazing. Why govts do not make use of his knowledge. The poor people are literally squeezed by everybody in our system. And if builders are also complaining of too much demand for bribe by govt depts, it is high time such bribery avenues are automated.
I really wonder why....sad indeed
Real Eye opener.
I like your thought on the role of the Homemaker who is primarily responsible for household savings and the Statue concept ❤great idea
Yes-thanks
Realistic observation our economics, thanks to Both gentlemen for enlightening us.
Thanks
Excellent speech by RV.
Beautiful analysis by Prof . RSV .😊
Tks
Thank you Professor.
Very educational and eye opening.
Excellent presentation.
Very good episode. Prof to his professional excellence gave a very informative lecture indeed. Worth to see that Sri Iyer did not interfere and make stuffs like like the video, the link is lost, etc etc..uninterrupted flow was good.
May be as add on, did GST these "unorganized" sector got shakenup coupled with demonetisation got into vortex and hence all unemployment and liquidity issues may be opined by professor. Though apparently gst & demo is good, but the transients not yet died. Covid another Chiba given trouble.
Very good information on economics and all important general topics .
Really educative. Thank you sirs..
But I don't understand the importance of impact of recently held UK elections.
46:45 - Golden words
Similar to Mr. RV's observation on many people in vehicle in India, there is something called Gymney in Philippines and kind of tuk tuk in Thailand and mini van in Indonesia similar to our share auto in Chennai. (Small tata van)
In Indonesia'
, except Jakarta and some major cities, most towns do not have formal public transport even today
Namascarams, I am a fan of Prof. Vaidyanathan and listen to his analysis very carefully. Read the book India Uninc, will buy the book Caste as a social capital. Very rarely we get the true perspective of Indian economy. Thank you Sree Iyer and team.
Thanks
Enjoyed the Prof.
Thanks
Prof. Vaidyanathan might have retired but his knowledge and his methodology of explaining the concepts are unparalleled due to his experience at teaching.
Thanks
Wonderful
Excellent analysis 👍
Tks
Even with Sunak our relations did not help deport some of wanted economic offenders..
Good insight
Very nice overview across geography and time ... would be beautiful with slides of tables and maps .... need to hear more than once, actually .... how these percentages connect to policy, I am not able to get ...
also in one place, Prof said 30 companies only are there in the stoch ex? or is it more?
Nestle proved in court (with scientific evidence) that noodle not harmful, so it was allowed to sell. But, after a few years, the headquarters (in Swiss?) mentioned in one of its reports that noodles is harmful! But nobody noted in India !!
Land reforms and judicial reforms a must and hope it happens soon. Property assessts to be bought or sold is a nightmare, rooted in corruption .
During Manmohan's decade, our Sensex went up 5 fold while Modi managed only 3 times in his decade.
I think google employs its top class AI robot to RV saheb's videos. When he touches an important point, an ad video pops up. Due to payment by mobile system, the so called 'unorganised' sector are also sucked into tax net.
We have to allocate an hour to listen to Prof Videos and listen from the start, otherwise we will not understand anything. Interesting and informative out-of-the-box thoughts.
@@kannanrcbe in India everyone is a gem but unfortunately the country is still going backwards because of low mindset of Indian leaders.
Thanks
Lots of talk but no action 😢😢
Paramacharya said minimum law, maximize descipline.
Thanks
Tks
While I greatly appreciate prof RV’s views on the criticality of the “unorganized sector” in job creation and economic growth, we CANNOT overlook the role of large corporates.
Imagine India without companies like Reliance Jio who brought capital and technology, and increased nation’s productivity. Mom & pop businesses cannot do this. An Ather or Ola building electric vehicles, for example, again, cannot be done by small businesses.
We need both small and large enterprises to grow.
Sivakasi calendar is still famous and sought after
You forgot Reddy ecosystem of health (pharma, labs, hospitals, organic food produce) in Telugu States and khamma eco system for education and IT consultancy (body shops)services
Prof RVs content and knowledge is impeccable however his internet is terrible Pgurus please provide high quality internet to your regular guests
Will do
How to outsource landd regustration. Explain
Very true if there is no extra money no one will opt for govt jobs.
Even if govt doesn't pay people will be willing take govt job
Can bribe be termed ' INDIRECT TAX '?
Own account tax
Can the polical parties and politicians be given scores or ratings according to development works and attitudes by Election commission, NGOS, press,exit polls agencies etc. people can vote correctly and political leaders don't have spend sumptuous black money on rallies , campaigns.
19:30:00 efficient use of capital aside, how about safety on roads and comfort? A lot of semi skilled manual labour die due to transportation in local pick up trucks and tractors in India. They are often being overloaded all the time to construction sites!
How to create employment, and how to create a ray of hope to young unemployed is the need of the hour, than beating around the bush
Sir if 60% is not organised and 15% is agriculture income then who is paying income tax and what is the percentage of income tax collected to GDP,
Low
fx reserves are not govt savings?
Unemployment data needs clarification. Out of 97 crore adults in India,
- more than 52% are women. 60-70% of them, mainly in villages wish to be homemakers.
- Adults who are above 40 years are 40-50%, of 97 crores, who are not in the employment market
- Students are not in the employment market
- Youth who have no formal college education are in blue color jobs which are available in plenty in India, especially in cities, South Indian states, and infra projects
LET US ARRIVE AT THE NET NO OF PEOPLE WHO NEED EMPLOYMENT
RBI data shows 48 crore borrowers have availed MUDRA loans and 13 crore borrowers have availed agriculture loans. There are millions of borrowers in other sectors.
WHAT IS THE NUMBER OF UNEMPLOYED ?
Prof, it will be very interesting to trace the movement of money from domestic savings to the industries run by caste clusters. Are funds also routed through caste banks
Yes
Is professor RV is Ex IIM Bangalore professor? I remember him as our Finance teacher there
Yes--tks
Can Prof RV improve the lighting in his room like a table lamp near the monitor?
We would like the ' look into the eye' view for his statements to be more expressive. Just a humble suggestion
Thanks