India to see strong recovery, GDP growth could be higher than projected 11%: Sanjeev Sanyal
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- เผยแพร่เมื่อ 25 มี.ค. 2021
- #ThePrintOTC
The Indian economy is headed towards a strong recovery and could grow at more than 11 percent real GDP growth projected by the latest Economic Survey for the year 2021-22, Principal Economic Adviser in the finance ministry Sanjeev Sanyal said at ThePrint's Off the Cuff. Sanyal said the government is committed towards privatisation of state-owned firms and banks. He further delved upon the impact of the reservation policy announced by the Haryana government and said that competitive federalism could see firms moving out of business hubs like Gurgaon.
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Every bitcoin investor right now is just smiling at the price of bitcoin as it held strong and indeed valuable enough to generating good ROI. More persons are gonna become millionaires and we have bitcoin thanks for that
I agree on your opinion man generally I always look out for it to dump so I can purchase some more truly it has come to stay
What's really the idea behind this bitcoin investment anyway, cause all I do is to buy when it falls and sell when it goes high
Bitcoin investment just like every other form of speculative investment where you trade commodities to determine which gain or losses against another in other to make profit just like in forex trading
Relating bitcoin investment to forex trading definitely means there are risk involved and just how do you appropriate risk measures
Offcourse, in bitcoin investment suitable risk management is aimed at reducing the loss rate thereby giving you the better chance to win your trade to ensure good ROI
PM has a good economic advisor in Sanjeev. Brilliant stuff👍
Extremely glad to see Modi has smart advisors like Sanyal who also know our history and respect it.
Actually he did not cover ,this idea itself give by Sanjeev Sanyal ,why Ashoka suddenly became great in Indian text,because old text didn't consider him a great king ,they always could him as a cruel king.
He is a historian of great repute
His book ocean of churn is awesome
I hope this has one of the highest views, people to need to awaken themselves to the genius of Sanjeev Sanyal
we have imbibed so many socialist values that to see a free market thinker and to hear him in itself would bring out the grunts ...if we need to move ahead as a nation entrepreneurship needs to be sown in every kid in school ..then there is hope
Felt Like an incomplete otc, I was hungry for more. Is it behind pay wall now? And just Small bit for free loaders 🧐
@@paranjapebhushan
I think it was a 44 min or something when they uploaded it in the morning.
As long as we have such young and smart advisers as Rajiv Sanyal to the GOI the nation is in safe hands. May their tribe thrive. And let’s bury ‘Nehruvian Socialism’ for good.
The best guest ever guptaji congratulation. Sanjeev sanyal ji is really clear in his thoughts.
This is so cool, such clear discussion.bringing out critical and interesting points. Especially with the people who can actually take this feedback up and bring the change. Love The Print :)
History will salute Modi ji for bringing GST and putting this in so smoothly
Yes GST has played a huge role for providing both ease of business and investment in this country
Yes, but to see it's complete benefits, we have to wait for 6-7 years more
History will remember Modi ji as the best PM and reformer of India.
😅😂🤣
Arun Jaitley too
"Government is not the solution to our problems. Government is the problem."
- Ronald Reagan
Kehena kya chahate ho bhai. Ronald Reagan is just a human. He ain't philosopher, great writer and etc. He is just a politician. He don't represent all humans.🤣🤣🤣🤣🤣
@@sitarampradhan8488 he was right about most things and the world turned out to be what he predicted it to be like the soviet union did collapse and US with capitalism at helm did triumph and japan and south korea and other countries became rich from the capitalism whilst NK and Venezuela failed.
That sounds like commie
@@flaminmongrel6955 bro see his name he is a commie 😐😐😐😐😐
@@flaminmongrel6955 agree
We want azadi of economy. India must do away with government controled economy and go for free market economy. But education and health care must be free for all. In Germany education is totally free.
@Proud Kaffir Mainly government employees are against privatisation. They fear that privatisation will force them to work hard to earn a living. Dereliction of duty is not tolerated in private organisations. That is why govt employees join communist trade unions and call Modi fascist.
In 70's people protested against tractors. In 90's bankers protested against computers.
In both occasions they were backed by communists.
@@anirbansadhukhan4681 Interestingly , not just Govt employees but also many Indian(or of Indian origin) in the west cry fascism while the only reason they could settle in the west is because of capitalism. I frequently ask this question to my hypocrite friends on why don't they want Indians back home avail the same luxuries of capitalism , they themselves are enjoying.
But the tax is also 40 percent of income in Germany . Keep that in mind . And yes , i agree with you
@@anirbansadhukhan4681 Government has pampered their Babus for way too long . This sudden strict approach is breaking their heart 😂
300 + psu , 1300 odd states owned companies , out of 9 lac crore NPA contribute about 6 lac crore. All PSUs must be sold
They will sell most, and keep only 1-2 strategic PSUs in every sector
@hobgoblin 1612 right he may be getting 1 rupees
@hobgoblin 1612 lol.....I earn daily Rs 50 from BJP IT cell. 1k from private job. Lmao.
Stop bullshitting. Now no one buy this diversion tactics.🤣🤣🤣🤣🤣
@hobgoblin 1612 your judgement court that aam janta is really stupid.😭😭😭😭
@@growwithme-ranjitnair3144 strategic sector will have 4 psus
The difference between impacts of privatisation and nationalisation is clear in the example of post WW2 Germany and France
Actually a more accurate comparison would be between the capitalist west Germany under the control of alliés and the socialist east under the control of the Soviet Union. Even today, 30 years after the fall of the Berlin wall and the Soviet Union East Germany is still poorer compared to the west. Such are the horrid failures of socialism/communism. We must embrace laissez-faire free market capitalism in India. It was only after the 1991 anti-socialist reforms that India's growth picked up. We still have a long way to go
Have to say Print has improved their journalism in recent times. Their interviews are just perfect. They pick such great topics and people for interviews.
andbhakts- anti national , urban naxal
Shekhar Gupta g please don't use plastic water bottles. People like you should set example to others by using metal or at least glass bottles.
Its a pleasure listening to brillaint young economists. Great insights
Instead of old gandus
One should realise how important the 2024 Lok Sabha elections are and how necessary a BJP re-election is, to ensure these reforms are completed
They need to show some growth people will not always vote on hindu and muslims.
@@EverythingMusicPro people don't vote on the basis of economics , otherwise rao or atal ji wouldn't have lost .
Finally the print is getting advertisement....Happy to see that😊
LoL in which world u are living he got fundings from many corporates like Tata & many more I forgot the name
He already gor advertisement of Tata Nexon in the print
@@harshitj.3455 VC money cannot ve considered as revenue.
@@bbb7467 But he got funding enough though
@@harshitj.3455 those are investments. A startup cannot run on it, it must produce revenue.
Whether it be Ashokan, Nehruvian, Gandhian( not the Mahatma), Modian(? In the future) the Indian state has to do what it must to correct a mistake as soon as it is identified. By that time Ashokas, Guptas, Mauryas, Mughals, Marathas, British, Nehrus, Gandhi’s etc. would have already enjoyed their place in the Sun and may be irrelevant as administrators in the scenarios obtaining in the present. While we respect history we have to move on.
The speed of justice delivery is faster in non democracies.
@@vivekt4896 True if you mean the “justice” delivered by the Kings, Mughals and the British. The brand of justice too was different. . Regards
@@kallachi729 one who for their history deemed to commit crimes like nazis
Sanjeev Sanyal is very good economic advisor. Very talented
Interesting. Finally someone who knows what he is talking about has a say in what should be done. We as a nation need deliverance from bureaucratic bandicoots. Enough of May Baap ka raj.
खुश तो बहुत होंगे आज गुप्ताजी.... It must be like fan moment listening to these thoughts for Guptaji
Thanks for bringing out untouched subjects, the real motto of cut the clutter
A good anchor is one who listens to his panelist calmly and patiently. I always enjoy debates on the print. Hindi media should learn this art.
All we need is social competitive free market
Like that of Germany
Totally agree
Rhine capitalism
This is what farm laws are giving to farmers.
Why are they protesting.
I know it is a politically backed "protest"
for that we need PRIVATIZATION
Sir aap analytical journalism kar rahe hai, without any biasing
Nice work sir
Always a treat to watch Sanjeev ji.
Gosh now compare him with the current opposition leaders of Bharat. We indians are in deep trouble to have such mentally bankrupt opposition leaders. No hope from that side. Sanjeev ji always manage to push me do new efforts in new direction 🙏
Great to hear from such an eminent scholar who understands the strategic decisions
Modi government is a face of good change , chalta hai atitude will no more
True man you are 100%TRUE & this is the only way to develop our mother land.
@@niharenduchakraborty8710 yes we will become more devloped nation like Japan, Germany, south korea, China and US. JAI HIND 🇮🇳🇮🇳🇮🇳
SG Please do a session on unemployment and layoffs done by the companies during the last 7 years and also please put forward the data regarding the employment.
Read cmie data
Layoffs are common thing, nobody need to pay for not doing work.
@@kshitiz06 Bhai tum job create kiye ho ka batao na hum replicate karengey. To hum bole the 2 crore jobs Jab koi janta hai kitna job killed ho gaya demonetization se. Ye log apna beta beti log ko set kr diye. Hum logo ka kya. PM bole thae khud 2014 mei PMSUs ko bechna panacea nhi hai balki unko technically reform krna jaruri hai. Bhai PMKVY aur Make in India per khud aab PM kuch nahi boltey..
@@rajhandique4399 Humko na pata hai cmie ke bare mei u ka hai na jab NSSO ka data ko e government na accept kiya humko sab data fake lagta hai.The Print ke pass young journalist hai unko door to door campaign kr data lena chahyea.
@@kdbasu na bhai aab to ek hi aadmi purey bharat mei kaam kr raha hai wo bhi pure 18 ghantey..To bhi pata nahi q economy ke lotey lagey huey hai...
Really appreciated.....that print is really reaching out to government for answers unlike before where it just provided its sole views without taking into consideration what govt stand is. If they are coming to be a neutral media ...it’s welcoming.
`Capitalism is my religion‘
Anybody of any ideology Have same target,
They need money and they have to do development
My way is capitalism
That’s it
Precise crystal clear interview .Hope to see more these type of videos .
Shekar: One of your best interviews. Please do more of these.
Great interview. Sanjeev Sanyal's ideas are crystal clear.
The initial remark is fascinating to hear. A total change in mind of this govt which is different from all earlier Govt about what govt should do. Superb, the PM's mind is spoken by everyone for good . But luytien media can't appreciate any of this.
Wonderful time spent sir..thank u
Always good to listen him.. His concept is very clear about economy.
API: Active Pharmaceutical Ingredient
Bloody good discussion...abrupt end.. where the heck can I find the unedited version please??
These are snippets of the conversation. You can see the full discussion here: th-cam.com/video/0HSBqs-XEVs/w-d-xo.html
सर, अनंत नमन।
AWESOME EXPERIENCE TODAY
Absolute GOLD stuff, shekhar. Thank you The Print! 👍
Hi! Thank you and do keep tracking us!
Shekar, a Brilliant piece of WORK!!! Loved this one. You should bring him more often and have conversations. One of the very few Right intellectuals that speaks sense. The only complaint, Too many edits and conversations cut right in the middle. That is a shame!!! For a media outlet I think rivals the NYT or is NYT in the making, please do not do this.
Hi! These are snippets of the discussion. You can view the full conversation here: th-cam.com/video/0HSBqs-XEVs/w-d-xo.html
@@ThePrintIndia Found it... Thanks. It was a brilliant Conversation. Keep it up.
Ended abrubptly? Is there a part 2?
Wt# why was this video cut so abruptly. The guest speaker was on an interesting topic.
On the other note... Good channel and very insightful and interesting news which sounds based on logical reasoning... Appreciate the work all team puts into it.
And again why would you edit video without closure. That too such interesting topic.
This is the cut version. There is the full version if you want to watch start to end
Darun laglo
Awesome interview.....it was really shocking how rupee appreciation actually helping the country....plz correct me if I am wrong.can someone with knowledge can elaborate the last part of interview?
Very valuable discussion
Rupee Vs USD is very interesting conversation. India net creditor nation wow 🤩! What does mean to next generation... better life that’s amazing thing. Wish we could understand these both aspects more .
I liked his one approach. He talked of Rupee appreciating (while everyone is talking of depreciation).
Coz he doesn't have to face the consequences
@@email4ady
That (what you say) does not mean that a "policy" shouldn't be there. Most of policies fail due to mal-implementation/indifference . It needs "brilliance" in one's chosen field. Economy doesn't improve in the hands of hacks. MM Singh as the top Economist did what the others of his predecessors couldn't do. That is his genius (& we are enjoying the fruits of his work, like none before). PV (the PM) did his job choosing MM Singh & not some Pranab Mukherjea or Arjun Singh. That is his genius. Both did their work very well, with no expectations from any quarter. I don't think this can be replicated again. Most otten than not, commentors can't be implementors, but can give a new twist to an old problem. In implementation, one needs to ride a wild horse without getting thrown; that is manage everyone around. You may be good in policy but need a backbone to push it through. That MM Singh alcked later. He was doing his work unhindered as long as PV (who is not an Economist) protected him well. Modi can tame any wild horse, but seems to be lacking in choosing which way to go (direction). His school has equipped him with the knowledge but can't take him along, in every step - both will fumble & fall.
In India we atre inured of chronic poverty from ages. So, we never demand. Because we don't demand, the governance team will not take note of us. So it goes. This is the dilemma.
The Guy has a great clarity, Great
One of the rights of the tax payer is ‘non harassment’. This government uses its power to harass as it chooses and often selectively.
The government uses it's monopoly on violence to terrorize people and thus, will always remain an immoral entity.
Can you elaborate...what did they do wrong? And we know the extend of tax avoidance & tax evasion in our country, so please tell me why should government not question?
there no THIS government into this
THIS IS THE WAY
you dont want to pay tax if you are getting "harassment" that that is LAW
If direct taxation be made optional, ain't you agree on how reluctant tax payers will become.
very nice interview.
Why have you uploaded the same video again?
What a brilliant discussion!
Last week I was entering banglore in by car, all of a sunden two traffic constables stopped by car and told I as driving at 80kmph but the limit was 60kmph. They asked me to look at a photo which showed my car , but the speed was show on screen as 80kmph. The police men told I should pay 1000 as per law for over speeding. As I was preparing to pay the amount , another police man approached me in mild voice told , pls pay 500 , if you pay 1000 in addition to the amount your license will be cancelled for 6 months. But no bills. But stood my ground and paid 1000 , got the bill. A blind law which can't be implemented with satistfcaion and cleanly. One law which I can relate to laws been spoken by principle economic adviser.
Very knowledgeable
Sanyalji is a smart man
ICICI, HDFC and lot of companies were public sector companies before 1991. Manmohan Singh and PVNR totally made them private company overnight.
HDFC was never a PSU
Thanks to Mr Sanyal for giving lecture on ancient mythology and connecting it with geological places instead of talking more about dwindling economy of this country .. Much more is expected from Mr Gupta.
Informative
An interesting insight from economic policy makers of government
Interesting talks 👏
Top top interview.
Our country need good governance dedicated sincere honest people at top. Hope things will start giving results early
Govt with a strong....regulatory..system..no ..involvement..in industry...
If we go by modi style we can achive otherwise congress will loot in such a way thst our GDPwill remain in 3% see cong shivsena ,NCP looting 100 cr by month ncp with more than 1000 cr loot
@Sanjeev Sanyal please try if government can create an infrastructure for growth of "specialities" of different villages and develop some "ideal villages". It will boost our rural economy for long and further deepen strength of indian economy.
Good interview
Off the cuff means short or not?
thanx sanyal ji and modi
Anybody else bothered by the plastic bottles on the table or just me?
Do more videos with Sanjeev Sanyal
Talk is cheap action is respected.
Data reflects the reality.
He is trivialising the role of State. Very good. Let's experiment, do a lot of mistakes and correct our self. Bless us all
@@anonymouslyopinionated656 bless u 🙏😂
Education and Health care should be in the hands of Government!! High handed gentleman.
No it should not look at America what it has led to
What about export when this rupee is appreciating this rate
API - Active Pharmaceutical Ingredients. They fumbled a bit on that part. Privatisation is good as long as it does not lead to crony capitalism or huge monopolies. The reason the Indian IT sector is doing so well is because it is such a vibrant sector with so many large, mid-cap, small and start-ups attempting to make a mark and create world class products. The 5 trillion dollar economy is important but more important is an equitable growth where more of our fellow citizens enjoy the benefits of growth. That would entail spending on healthcare and education which unfortunately does not get as much attention or budget as physical infrastructure. After all, having a large working age population without the necessary skills would lead to a demographic disaster.
Wow! Really informative and interesting
Do more of these ❤️
So good to see people sitting infront of each other in-person instead of stupid computer screens(SKYPE) .
U are the most center person
High class
Kuch samajh nai aaya but sunke acha laga 🙂
1:47, what you meant is an Anarchist and what you listed later makes you a classical libertarian.
So this is India’s first shift to the economic right. And I am so happy that the comments are mostly positive.
We need social secularism and social liberalism but economic deregulation, sort of like Michael Shermer’s socially left and economically right and YES that is classic liberalism. This is very possible on the federal level, BUT even BJP’s state leaders can never follow this. They have the strong instincts to ban stuff.
I meant classic libertarianism.
Yes , since you can't create assets , sell them
21:35 API=Active Pharmaceutical Ingredients
I am an haryanvi and literally I don't know about it.
The voice was a bit unclear ..next time please take care of this issue
Making chapati in five-star hotel was under state control until recently
API- Active pharmaceutical ingredients
Pm has good economic adivisorsuch as Sanjeev.The state must be free from Business,it must involve itself more on welfare measures.
The interview would have been more fruitful had it been conducted by a journalist with sound economic background.
Sir do something to protect small traders ..
Active pharmceutical ingredient is API ,sir
Why not GSPC
it is "ingredients" not" input"
GDP kitna btaya???
Sg sir didn't even mentioned "demonetisation"
Really surprising. He never fails to mention it.
What is the result of 20,000 lakh crore package given by the government except taxpayers losing this money due to incompetence of the government?
Episode abruptly interrupted at an interesting point, never mind, thought provoking discussion.
Hi! These are snippets of the discussion. You can view the full conversation here: th-cam.com/video/0HSBqs-XEVs/w-d-xo.html
India should be a capitalist democracy..