PM Modi and BJP have no cohesive economic strategy for India: Dr Parakala Prabhakar to TNM
ฝัง
- เผยแพร่เมื่อ 10 ต.ค. 2023
- Economist and author Dr Parakala Prabhakar believes that the troubles that the Indian economy currently faces is due to lack of a cohesive economic strategy and this he says is evident from the Prime Minister’s utterances to the policies that the government announces. In this conversation with The News Minute Editor-in-Chief, Dr Prabhakar questions why the government’s stimulus policy during the pandemic was not intended to help the demand side. He discusses his book ‘The crooked timber of New India’ and looks at how the BJP and Sangh have spread Hindutva, something that could not be achieved even during the partition, when communal sentiments had peaked.
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Thank you sir, proud of you. You are like the old generation of people with principles
Nobody explains the new India better than Parakala.
😂He used to say the exact same things in 2014. How did he know about "new India" before the new India even began? Why is an "economist" making comments on hindu-muslim and secular? What are his credentials besides economics? Is he speaking as an economist or as a politician? He is a disgruntled leftist. The only thing he has is conjecture and his own personal opinions. No facts to back those claims up. No facts since 2014. He is not an economist - he is a politician, and not a very good one at that.
Agreed
yes i agreed
he is a wise man
Leader of opposition!
@@RoshanAntonyTauro All Parakala has to show is his book and a lot of theories. I dare say he'd be able to run a whopping democracy like ours even for a day. As a Congi stooge and a JNU product I didnt expect anything else from him. If he was impartial and critical about the oppn as well Id have admired him. But to imagine that India was a garden of Eden till 20124 is hilarious.
Very knowledgeable & fearless gentleman
65% of our GDP comes from consumption and 35% from investment. We have no worthy manufacturing nor agricultural output. How long can we sustain consumption? Also we are the world's biggest arms importer.
India with 140 crores people will certainly be a consumption centric economy. It has to be kept in mind that India opened up just 30 years back for FDIs. Economics is matter of perception. Today's theory more consumption is more Economic activity.
@@rameshmedep7385dude look at the savings rate of Indian. Credit card defaults among Indians is also rising. This consumption is fuelled by easy issuance of credit cards. People are living on credit. Just one illness is family will sent family into poverty. 80 crore people on free ration. We are ticking time bomb. Government sljust have construct more mandirs to pacify masses
@@rameshmedep7385 Agreed but the issue is our GDP run rate in the last 9 years is only 5.1%. This is almost HALF of the run rate we need to win. IOW we are not growing fast enough to win. Our GDP per person is behind Bangladesh and Rwanda. Oor rank is 120th. There are many other numbers that show serious problems in the economy like worst unemployment in 40 years, and 15-30% of even the IIT class did not get placed (eco Times) this does not normally happen. Inflation - just buy food and see.
First of all , when a senior economists are interviewed, it is advisable to have a senior journalist to interview. There amateurs are boring to see & are interrupting
@@kmgeorge100😊❤
Sir, one doesn't get tired listening to you. So candid and enlightening. Thank you.
It’s because he’s sensible and logical and clearly very knowledgeable,he does have a very calming effect ,no yelling and acting mad like some people we are used to hearing.😅
Listening to him , made me realise that there are people who think right and people like him should come forward to lead the country or be the advisor for leaders of this country .
This is a very bold interview revealing and explaining the truth…
Supreme Court should take a case sumoto case against PM Care Fund
It is now PM cheat fund...
I keep on searching TH-cam if there are any new interviews or speeches by Dr Parakala and if I get to hear one then that day is very fulfilling. When bright minds speak it is a treat.
Jibless growth indicates an amplification and normalisation of money laundering of counterfeit and black money ..electoral bonds was one route..to amplify this..
Utube ntt manipur CM druglord brinda
Shows narco politcio nexus that is supported by all parties ...
The increase in deposits is what is seen as gdp growth ..via spending of this black money whitnened into the credit consumption
Google : kochi port counterfeit currency container
Dubai run port ans adani ports are allowed to run smuggling of narcotic and counterfeit currency sonce 2007 ..
Utube : no cisf security kochi port
Agreed
I want to buy and read this Book by Dr Prabhakar the Crooked Timber of New India. What a beautiful caption for the book.
Sir, you have echoed the voices of several people who voted for development, eradicating corruption etc. Could exactly see what you have told and feel that it is true. Felt sorry how the academia has been compromised, how people’s actions are labelled with religion and the economy eroded. You have enlightened us with your bold statements 💐👏👏🙏
Very correct
Most courageous and honest man in the country!
A lot of information unpacked through this intellectual discussion, discovering the truth God bless you, sir Prabakala Prabhakar..
Jibless growth indicates an amplification and normalisation of money laundering of counterfeit and black money ..electoral bonds was one route..to amplify this..
Utube ntt manipur CM druglord brinda
Shows narco politcio nexus that is supported by all parties ...
The increase in deposits is what is seen as gdp growth ..via spending of this black money whitnened into the credit consumption
Google : kochi port counterfeit currency container
Dubai run port ans adani ports are allowed to run smuggling of narcotic and counterfeit currency sonce 2007 ..
Utube : no cisf security kochi port
The apt words of wisdom.
great man ... not noticed by any politicians
Chandrababu naidu's advisor for many years. He keeps away from the present regime for a good reason
What Is that @@hema_raghu
😂😂😂,@@RoshanAntonyTauro
Some brave souls are still putting up a fight to save our republic from turning into an autocracy. One of the most lucid exposures of the government's incompetence. Hats off to Sri Prabhakar and to the interviewer. Thank you .🙏
So basically the anchor asks him about economy and he explained for 5 mins how bad Modi is
Good for class lectures.
Wonderful, intelligent and so stoic always a treat to listen to him
Until he is against Modi.
He was the husband of Mrs Nirmala seetha Raman. He was the main economic adviser to Chandra Babu Naidu in 2019. Because of his adwises now he lost the power and he is now in the jail.
He was a BJP leader shifted Praja rajyam of Hero chiranjeevi than shifted TDP now alon.
Naidu is in jail because of vendetta politics. It is your hatred that deters you from believing the truth. So like an average Sanghi, you shoot the messenger.
Chandrababu Naidu's vision created Cyberabad and converted a relaxed old city to the buzzing IT hub giving lakhs of jobs to all Indians. I have been lucky to enjoy the benefits of the IT revolution in Hyderabad. Politics can be murky but the person has worked to uplift India.
Didn't you know this when he was married to the garbage bag thats the FM
@@RoshanAntonyTauro Haha. So enjoy the Amritkal. Don’t go abroad like many Keralites, Gujjus etc
Thanks sir
What clarity of thought! Simply love listening to him...
Very nice discussion
Soo many crucial points about the present government! Must Watch for everyone! Please do share with your friends & family! Everyone needs to know all this!
Sending out right messages and timely warnings and showing the real picture of how India is today.
Well done Dr.Parakala!
without any economic strategy we are continuously bright spot in world , so we dont need any then'
I do agree that modi is doing voodo economics but i think this author is drinking some different kind of voodoo drinks.
@@brocklandersx87 🤣🤣🤣
@@brocklandersx87he is the husband of Nirmala Sitharaman and part of the TDP party. Just sour grapes of him.
Bright spot? 😄
Current unemployment rate is 10%
Jibless growth indicates an amplification and normalisation of money laundering of counterfeit and black money ..electoral bonds was one route..to amplify this..
Utube ntt manipur CM druglord brinda
Shows narco politcio nexus that is supported by all parties ...
The increase in deposits is what is seen as gdp growth ..via spending of this black money whitnened into the credit consumption
Google : kochi port counterfeit currency container
Dubai run port ans adani ports are allowed to run smuggling of narcotic and counterfeit currency sonce 2007 ..
Utube : no cisf security kochi port
Think
Dr. Pakala Prabhakar is a true beacon of integrity in public service. With an impressive medical and public health background, he has dedicated his career to improving the lives of his community.
What sets Dr. Prabhakar apart is his unwavering commitment to honesty and transparency. He has earned the trust of constituents through his willingness to tackle complex issues head-on, without succumbing to political agendas.
Dr. Prabhakar represents the very best of public service - a genuine dedication to the greater good and ethical decision-making. He is an inspiration, reminding us all to uphold the highest standards of integrity.
Mr. Prabhakar views are good and his prerpective. What is wrong in saying I am Hindu and why should I call my self secular by force? Isnt India and Pakistan divided for a reason.
India and Pakistan was divided and riots began because of political motives of certain people during that time to divide and rule like British did. It would not be divided if we didn't have those evil forces. We would have all religions living peacefully only thinking about progress.
Today its MY ME AND MYSELF
You are really great,, Dr Prabhakar. So proud of you.
Thanks
Thank you.
Sir it’s all about being in power, economics be damned. Indians do so well overseas, and the only variable is they are not under the yoke of the Indian government whoever they are
mudi
NOT all abroad do well.......
.......They may LIVE beyond their means
SATYA OR PICHHAI... don't count......they are exceptions.
How great is KAMALA?
"indians do so well" This is what we call selection bias. No, Indians don't do well abroad. The Indians who do well here go abroad and also do well there. Majority Indians can't even afford a flight to America, only the top 2-5% elites get to America/Uk/Canada and do well there.
The govt needs to spend money on empowerment of people
DR , Most beautiful precise invasive surgeon of economy .
Wonderful personality and excellent information
Very Good interview ..appreciate !!
After a long time, I listened to a talk which is really deep and appreciable. Salute to both.
Well informed program
Thanks for your boldness to tell the truth to people
Lot of detailed informations revealed specifically to the way questions asked to common people like me it’s very educative informative quite essential to the todays situations thank you for sharing such wonderful insights
Jibless growth indicates an amplification and normalisation of money laundering of counterfeit and black money ..electoral bonds was one route..to amplify this..
Utube ntt manipur CM druglord brinda
Shows narco politcio nexus that is supported by all parties ...
The increase in deposits is what is seen as gdp growth ..via spending of this black money whitnened into the credit consumption
Google : kochi port counterfeit currency container
Dubai run port ans adani ports are allowed to run smuggling of narcotic and counterfeit currency sonce 2007 ..
Utube : no cisf security kochi port
We need such calibre person in key positions in India
True 🙏 Unfortunately, only "Yes-men" are considered for such positions!! 😢
He is an idiot.
ALL YOU NEED TO DO IS COMPARE STATE OF ECONOMY DURING CONGRESS AND NOW !!!
@@stephentk3413 there is a lot of difference between theory and practicals!!
Who do you think he is? He was the financial advisor to the Chief Minister of Andhra Pradesh. While in power he helped the CM commit several frauds and was caught in Cash for Vote scam. Also, for anyone who doesn't know this: This guy is the husband of Nirmala Sitharaman 😂
@@devadattaindia5989well said👍
Sir.
Currency value has any relation with countries assets
Parakala Prabhakar means, balance, truth and patriotism. His ability to articulate his mind is simply superb. Doesn't take sides despite his wife being FM of the present administration.
Good analysis
why isnt anybody aksing him why he didnt say all this to his wife?
He's got 99 problems but that...
A man should never tell his wife anything. Look what happened to the country when Modi told his wife about his plans for his Nasbandhi. Modi's wife gave him the idea for India's Notebandi after that. No doubt the country has been ruined by Modi's ideas but at least the country has a primitive but happy Prime Minister leading the country. A country like ours should not feel ashamed of a PM like Modi. Now that he has opened up the Pandora's Box by his polarization of the country he has told us that he will do even better just by saying 'Modi ki Guarantee' and 'Modi ki Ghantee'. What more can a country ask? 😅😂😂😂💯👺
Let's hear from you genius.
Who needs professors and experts when we have Modi bhakts.
Hats off to you sir for your efforts and patriotism. God bless
Brilliant
Ask these myopic economists to implement one of their policies... they will struggle!! They can write thousands of books but look at life thru their theories. Running a country is not abt economics. It is abt sports, cleanliness,reaching out policies to the poor without corruption etc. The PM wud be the first to acknowledge we are very far from finished, but he infuses enthusiasm in the youth by setting them targets to aim for like a 5T econony, 2047 developed country. This tribe of economists are more about how their policies were rubbished
not to forget how so many of these economists were asking Indian govt to spend way more on welfare schemes back in 2020 rather than kickstarting the economy. Good thing centre didn't pay heed.
What his congi govt done?
Economist don't know ground situation about India.. changes are always subtle n it is confidence, Hard work and Morales of countrymen which improves the condition of any country. Rules of economy just don't improve life of people. That's why great economists are just beurocrates.. we may not agree with our politicians but it's not easy to control such a large country with so much diversity.. it is the country which is running itself n not any politician. So all people need to calm themselves because this land with prosper because it's culture which most ancient.
Andh bhakts teaching economics to economists.... what a country India has become after 2014 ? Andh bhakts is saying let BJP in power till 2047 and if country doesn't progress till then we will change the government 😂😂😂😂😂😂😂.... Uneducated PM is better than economists of the country according to andh bhakts..... We are worst than Bangladesh and Pakistan in world hunger index and don't forget press freedom Index.....
5 trillion will same value of what it is today 2.5 trillion
Dr. Prabhakar is so fantastic at putting his thoughts in clear language that I was trying to remember the last time I listened to such a brilliant person like him. Thanks to The News Minute for providing this opportunity. The Host played a fantastic role, it is very clear that she is not a populist journalist, she herself has a deep political acumen and reading.
Logical explanation
Wise words from our State.
100% true
This gentleman analyzes current government lot better than opposition does. Brilliant clarity of thoughts
Very lucid analysis of Government failures
He is a husband of Nirmala aunty
He is factually wrong on many topics from secularism, demonetization, selling PSUs, etc. He only has a political agenda and nothing else. Just speaking soft English. Complete joker.
@@gopalakrishnabuddhavarapu8053It's very easy for these economists to write books and then talk pompously. After all he's a JNU product. Wonder I'd he'd last even a day as PM of such a whopping democracy. Imagine not having a single good thing to say about Modi despite India's growth from no. 10 to no.5!!unemployment, poverty, inflation are the 3 evils plaguing India from the 1940s.
The degree n intensity also stayed pretty much the same depending on the existing market conditions then.
So to imagine that India was a garden of Eden till 2014 is hilarious.
A difficult subject, but well explained.
A worth-watching discussion 👍
Very informative discussion. Both the interviewer and interviewee did an excellent job. India needs equitable growth besides fast growing economy.
Jibless growth indicates an amplification and normalisation of money laundering of counterfeit and black money ..electoral bonds was one route..to amplify this..
Utube ntt manipur CM druglord brinda
Shows narco politcio nexus that is supported by all parties ...
The increase in deposits is what is seen as gdp growth ..via spending of this black money whitnened into the credit consumption
Google : kochi port counterfeit currency container
Dubai run port ans adani ports are allowed to run smuggling of narcotic and counterfeit currency sonce 2007 ..
Utube : no cisf security kochi port
This man is the lady of the house who tries to spout wisdom that he’s bereft of.
You have shown misogyny and male chauvinism in one statement. There are still many like you in our 21st century society...no wonder men and women are still sticking to strict gender roles and the same reflects in the corporate sector.
Ad hominem.
Very good speech
Excellent mind, you are Dr.
Very true such voices r never heard
Lakh or lack of Opposition, Modi will always be a Game Changer!
Feku hai woh
Thanks for enlightening us on the economy and truths sir
He is very old economist. Public sector undertaking r white elephant .
The minute Prabhakar said "reform the Public Sector so that it is better run", i realized that it is Prabhakar who is the voodoo economist.
sick soros rats trying to bite India on the channel, according to them Chidambaram was the great economist who drove India to jobless growth, made india a consumer economy with no emphasis on production... you guys are sick
😂😂😂, true true.
You said it 😂😂😂
Whats wrong with that statement?
For bhakths demonetisation was a master stroke by modiji 😄
Great Reporting....thanx !!
Sir u r such a wonderful person thks for u r voice at this time.
brilliant..good job Dhanya and The News Minute..
His wife is FM why don’t he advise her . By the way modi gov is doing far better job than past 60 years of gandhi family
I understand they have divorced! Now she the nanny in the Pradhaan Sevak's saffron kitchen!
@shilpa3032 well said
There was time in india when polling booth were being captured and ballot papers were being thrown. Who was ruling in India that time?
Thanks Mr Parakala
I am a fan of Parakala Prabhakar. His candid and courage writings,presentations of facts & analysis are superb.
Arguments that can't convince wife and Family... composed talk is not always wisdom
Yo man I have really kissed listening to this gentleman with the most wonderful manner of explaining things which are horribly murky and honestly can sky rocket blood pressures.
Listen to his wise words.
What is the govt trying to do with the economic affairs of the nation? Has Mr Prabhakar a fair idea about this? Can he help the government achieve its aims, or does he want the government to change its economic objectives?
Nobody in the government will listen to him. They see him as an enemy.
On what basis it is claimed our economy is bad when the whole world has listed India as the fastest growing economies in the world. There is difference between analyzing and just concluding and the way he is concluding his statements and keep referring to his book does not explain anything that he is claiming.
They do it on the stats available & Modi Govt never believe in giving true figures
Very true. Just comment on the present government and wants to become famous 😅. This type of person never mention atleast one good step taken by the government. Motive is under question.
@@SM-sb9fg What are those good steps?
@@jansobieski1641 are you stupid that you can't decipher yourself?
good steps are that your uncle Raghuram Rajan is chanting the same mantra for last 9 years that Indian economy will fail.
I think he believes that if he chant enough for 100 years and then when one Congress Party wins and economy fails, he will say, he was right.
Have you read his book? Probably not, since you talk the language of trolls.
Dr. Prabakhar is a rare soul. Long live
👏👏👏👏
Disappointing. Countries which followed "demand side stimulus" policy during CoVid are the ones suffering run away inflation today .. 2. public sector being offloaded is consistent policy.. And thirdly G20 lead doesn't have to be handled in the same way other countries did.. India did a brilliant job. Expected deeper insight ..
India would run- away inflation too, if cheap Russian oil wasn't available.
@ranjitvirdi3600
13 days ago
Disappointing. Countries which followed "demand side stimulus" policy during CoVid are the ones suffering run away inflation today .. 2. public sector being offloaded is consistent policy.. And thirdly G20 lead doesn't have to be handled in the same way other countries did.. India did a brilliant job. Expected deeper insight ..
Can u tell us what exactly was the progress prior to 2014....
Jibless growth indicates an amplification and normalisation of money laundering of counterfeit and black money ..electoral bonds was one route..to amplify this..
Utube ntt manipur CM druglord brinda
Shows narco politcio nexus that is supported by all parties ...
The increase in deposits is what is seen as gdp growth ..via spending of this black money whitnened into the credit consumption
Google : kochi port counterfeit currency container
Dubai run port ans adani ports are allowed to run smuggling of narcotic and counterfeit currency sonce 2007 ..
Utube : no cisf security kochi port
Well said😅
Do you think Nehra, PV , Rajeev, Atal, Dr Manmohan did not do anything to the country? Who liberalised economy? isn’t it PV ?. Who has established more than 100 PSUs and research labs including ISRO, DRDO, IITs, AIMS, IIMs, NITs, central universities?
In whose tenure nuclear technology and Indian highway systems has been developed? Is not it Atal ji ?
Who has nationalised the banks ? isn’t it Indira Gandhi
Do you think all did by your daddy Modi ? … chuitiya
❤
❤💎
The statistics he is talking about are contrary to the world bank is publishing & the data on economy of the other countries visa vis ours.
Jibless growth indicates an amplification and normalisation of money laundering of counterfeit and black money ..electoral bonds was one route..to amplify this..
Utube ntt manipur CM druglord brinda
Shows narco politcio nexus that is supported by all parties ...
The increase in deposits is what is seen as gdp growth ..via spending of this black money whitnened into the credit consumption
Google : kochi port counterfeit currency container
Dubai run port ans adani ports are allowed to run smuggling of narcotic and counterfeit currency sonce 2007 ..
Utube : no cisf security kochi port
Your channel is fortunate to have PrabhakarSir for this interview. His views are awesome and impartial
My great salute to him. Thanks to the channel
Great 🙏🙏 brave interview 🙏🙏
You are a single voice taking the difficult road. All the very best for your viewpoint to win.
His observations and analysis is absolutely spot on👍
What is your opinion about UPA 1 And 2?????
Jibless growth indicates an amplification and normalisation of money laundering of counterfeit and black money ..electoral bonds was one route..to amplify this..
Utube ntt manipur CM druglord brinda
Shows narco politcio nexus that is supported by all parties ...
The increase in deposits is what is seen as gdp growth ..via spending of this black money whitnened into the credit consumption
Google : kochi port counterfeit currency container
Dubai run port ans adani ports are allowed to run smuggling of narcotic and counterfeit currency sonce 2007 ..
Utube : no cisf security kochi port
Aandha Bhakt spotted 😅😅😅
Excellent discussion and interview that throws a great light on the issues related to the present day ruling dispensation on uncohesive economic policy .... An honest appraisal of Economic Philosophy spoken out covering various aspects of black money interms of estates, Drugs Black dollar too must be covered up in greater details ... Very rightly said , " This govt abnormalises when things are normal and portraying normalisation when things are abnormal "
Agenda, priorities, intention, capability of team members are some of the determining factors.
Watch it at 1.5x speed
May be this gentleman should run the country next.
he should give something to Government to change its policy, Only critisizing is only will sell his books and help Congress to make trouble for Modiji .
@@nanumpatel-ds8rq
He sounds like a commie to me.
👍
Regarding Vizag steel plant , what the earlier governments have done regarding captive mines ?
Nirmala Seetharaman 's Husband
Knows his wife's fault lines 😂😀😀😀
exactly my thoughts 😆
Then why doesn't he correct her and give her sound advice if he is such a good economist?!🤔
@@ushus58the interviewer should ask him this question
A good dialogue. Necessary in these times.
sick soros rats trying to bite India on the channel, according to them Chidambaram was the great economist who drove India to jobless growth, made india a consumer economy with no emphasis on production... you guys are sick
Very good & very Knowledgeable conversation heard. Never before. And what the present Gov. Doing is horrible. But the reason behind this is Illustrated people living in small villages. And in present scenarios even the most literate people are saying that India is on right path which is not.
Thankyou , Dr. Prabhakar for your great thoughts. You are certainly worshipped for your knowledge and your great thinking. Whatever you speak is very important for us. God is watching. Karma is already following.😊
After morning Clash at home he came to Interview😅
Either that or it is possible he is not enjoying his wife's clout as a FM. It is hard on some males to accept their spouse are doing better than them. He is getting his two minutes of fame not because he is Dr Prabhakar but because he is the spouse of the current FM. Providing verifying data for why he feels it is voodo economics would have been better rather than going on a anti modi tirade. Just because someone speaks english, wears thick rimmed glasses and is bald does make them an intellectual.. We are in a data driven world and hard data to backup one claims is critical.
@@rangasankar644well said.
Btw I think he n our FM are divorced
Agree with you 200%. The question is whether there are in the country political forces strong enough to dethrone Modi
the same mentality existed prior to colonialism. It is the mentality that enslaved India. Think about the role of termites.