Very good interview. The interview was a good example of how such interviews should be conducted. Refreshingly soothing to view and hear especially after all the noise and buss of political debates. Kudos to Prnoy Roy! Keep it up.
Wonderful, medial channels should bring such eminent personalities from wide areas of administration, judiciary after their service who can speak freely about institutions and work. Atleast this clears a lot of dust about what goes in governance and in the country.
India needs administrative reforms more than economic reforms . The first step is to modify our democracy so that to become a MP or an MLA you have to be qualified and elected on the basis of Merit. In China to become a member of CCP you have to have an IQ of 140 Plus ( average IQ ) and should have proven administrative skills. China has Beaten us on most parameters because it is administrative by politicians who reach CCP level on MERITOCRACY and not on caste/ crime and religion.
These NPA’s in public sector banks have come out in the open due to strict Guidelines set up by Raghuram Rajan in RBI. .....No wonder he was Kicked out
Agree on Mallya issue. Get back capital and move ahead. Business are with risks. Banks have to bear the brunt. Farm sector Having said that Government should gaurantee farm loans. Sector needs boost. People forget farm produce by and large are commodity trading and have shelf life. Prices are directly correlated to supply demand mismatches. To flatten these mismatches Government has to provide access to markets to the farmers to balance supply. Needs logistical infrastructure at low cost for this. At same time needs to cater to price rise by meeting demand spikes. Answer is same, infrastructure. Includes cheap and quick inland transport to long distant markets within country, agricultural processing industry, ease of exporting farm produce etc etc. India needs GST with only 3 rates. Low, normal and High. All goods and services including petroleum, power etc. Income tax to be abolished for salary holders below 10 lac and traders and businesses having revenues upto 50 lac or average stock upto 10 lac. Abolished means no need to file income tax return.
On Vijay Mallya one can move ahead but on his part its also wrong to live too large lavish a life when you have a debt to pay and that too in a way what is Public Money which he got as loans. @16:00. Debt should be considered a sacred contract otherwise everybody may end up fooling around while common women has to deposit 3-5 times money in bank accounts for ATM services, stand in long queues.
Good one in general. But i felt prannoy roy was interrupting many times in a seemingly restless manner to add some questions or with trivial joking mentions even before Arvind completes sentences should have been avoided. Silence of the anchor when listening to the experts like Arvind Subramanian who does not talk unwanted things and allowing them to complete the sentence will render more beauty to the chat.
why Prannoy roy was interrupting so much during this interview, in the earlier interview with Sir Arvind & Sir Raghuram, prannoy was not interrupting and was listening more. Here Prannoy interrupts more and try to make it as jovial (to increase TRP). even though Sir Arvind's sentences are all raw economics, it is so interesting to even to a layman, uneducated person like me.
Stock market reflects the economy and is very difficult to manipulate over a long period. Now if we look at the Sensex from May 2004 to May 2014 it went up by a CAGR of 16.7% every year while from May 2014 to May 2018 it went up by only 9.9% inspite of a stable government ( Modi) . The right wing BJP Majority Government has messed up our economy as it was headed by a Chai walla and not an economist like Manmohan Singh
Interesting points Pardeep, but to be honest, it's quite intelligible to me as a sort of a layman in the field of stock markets and the economy, would you please point me in the direction of some books or courses(online/offline) that I could look into to make me more literate in this sector ?
Stock markets never reflects state of economy they are just index of some companies. Stock markets depends majorly on FPI's and fii's which depend on external factors like conditions in USA and China.
pranjal shukla for long term they should indicate trends. Absolute values may not interest economists but trends should. There is strong correlation. the Why would FII keep bringing investments for longer periods if outcome is not favourable. You can compare stock growth for substantial periods like a year or so with similar at other times to understand economic trends. Point here is you cannot fudge data for long periods.
Aravind sir stop lending to industries or big loans by psu bamks instead lend to small loans car loans housing loans gold loans sme loans at very cheap rate
Abinash Panda : You must be kidding me, the head of the organization that is in charge of note production and distribution was not informed of demonetisation???
*BRILLIANT ECONOMIC DISCUSSION OF BOOK RATHER THAN BEING LETHARGIC INTERVIEW.*
Congratulations NDTV for 3 million subscriber 😊
Very good interview. The interview was a good example of how such interviews should be conducted. Refreshingly soothing to view and hear especially after all the noise and buss of political debates. Kudos to Prnoy Roy! Keep it up.
Wonderful, medial channels should bring such eminent personalities from wide areas of administration, judiciary after their service who can speak freely about institutions and work. Atleast this clears a lot of dust about what goes in governance and in the country.
4:46 - Both tried to explain, and even then it was incomprehensible what they said!
Always happy after listening you sir
Both are good knowledgeable person
Good one...!
Anchor should try to resist temptation of interrupting guest, its quite annoying, frequent heckling by anchor
true. Even i felt it boring with lots of interruptions.
India needs administrative reforms more than economic reforms . The first step is to modify our democracy so that to become a MP or an MLA you have to be qualified and elected on the basis of Merit. In China to become a member of CCP you have to have an IQ of 140 Plus ( average IQ ) and should have proven administrative skills. China has Beaten us on most parameters because it is administrative by politicians who reach CCP level on MERITOCRACY and not on caste/ crime and religion.
These NPA’s in public sector banks have come out in the open due to strict Guidelines set up by Raghuram Rajan in RBI. .....No wonder he was Kicked out
raghuram*
Ravin: thanks for correcting
good job
Nice interview
Agree on Mallya issue.
Get back capital and move ahead.
Business are with risks. Banks have to bear the brunt.
Farm sector
Having said that Government should gaurantee farm loans. Sector needs boost. People forget farm produce by and large are commodity trading and have shelf life.
Prices are directly correlated to supply demand mismatches.
To flatten these mismatches
Government has to provide access to markets to the farmers to balance supply. Needs logistical infrastructure at low cost for this.
At same time needs to cater to price rise by meeting demand spikes. Answer is same, infrastructure.
Includes cheap and quick inland transport to long distant markets within country, agricultural processing industry, ease of exporting farm produce etc etc.
India needs GST with only 3 rates. Low, normal and High. All goods and services including petroleum, power etc.
Income tax to be abolished for salary holders below 10 lac and traders and businesses having revenues upto 50 lac or average stock upto 10 lac. Abolished means no need to file income tax return.
On Vijay Mallya one can move ahead but on his part its also wrong to live too large lavish a life when you have a debt to pay and that too in a way what is Public Money which he got as loans. @16:00. Debt should be considered a sacred contract otherwise everybody may end up fooling around while common women has to deposit 3-5 times money in bank accounts for ATM services, stand in long queues.
Good one in general. But i felt prannoy roy was interrupting many times in a seemingly restless manner to add some questions or with trivial joking mentions even before Arvind completes sentences should have been avoided. Silence of the anchor when listening to the experts like Arvind Subramanian who does not talk unwanted things and allowing them to complete the sentence will render more beauty to the chat.
The banks are nationalized the bank employees are government employees so corruption is the biggest factor
why Prannoy roy was interrupting so much during this interview, in the earlier interview with Sir Arvind & Sir Raghuram, prannoy was not interrupting and was listening more. Here Prannoy interrupts more and try to make it as jovial (to increase TRP). even though Sir Arvind's sentences are all raw economics, it is so interesting to even to a layman, uneducated person like me.
Stock market reflects the economy and is very difficult to manipulate over a long period. Now if we look at the Sensex from May 2004 to May 2014 it went up by a CAGR of 16.7% every year while from May 2014 to May 2018 it went up by only 9.9% inspite of a stable government ( Modi) . The right wing BJP Majority Government has messed up our economy as it was headed by a Chai walla and not an economist like Manmohan Singh
Interesting points Pardeep, but to be honest, it's quite intelligible to me as a sort of a layman in the field of stock markets and the economy, would you please point me in the direction of some books or courses(online/offline) that I could look into to make me more literate in this sector ?
Stock markets never reflects state of economy they are just index of some companies.
Stock markets depends majorly on FPI's and fii's which depend on external factors like conditions in USA and China.
pranjal shukla for long term they should indicate trends. Absolute values may not interest economists but trends should.
There is strong correlation. the Why would FII keep bringing investments for longer periods if outcome is not favourable. You can compare stock growth for substantial periods like a year or so with similar at other times to understand economic trends.
Point here is you cannot fudge data for long periods.
Ravish Kumar ko kyu koi interview nhi deta...
bhai do baar de chuka hai. ravish ki respect karta hai..search karna old videos main
@@hrsgrenade_11 vedio you tube me h kya
@@deveshmakhija6860 pata nahin , maine tv par dekha tha.
devesh makhija han February dates mein dekhna jab economic survey rekease hua tha uske next day
usko economic thodi ati hai
Who will order asset quality review for nbfc? Who is regulator man
Right now I am at 3:42 and already irritated that Roy is not letting Subramanian speak.
😬😬😒
pranjal shukla please watch your favourite the nation wants to know ,😉
Kudos to NDTV
एक बार सुधीर चौधरी का भी interview लो प्रणय सर
Aravind sir stop lending to industries or big loans by psu bamks instead lend to small loans car loans housing loans gold loans sme loans at very cheap rate
it looks as if they are sitting by and whispering
Allow the insider to express more you always interrupt the flow of thought! My opinion excuse me!
👍👍👍👍👍👍👍👍👍👍👍👍
Notice modiji in prannoy roy at 1:20
Arnab Goswami is taking notes on 'Journalism for dummies'.
Economy is really mess time of pm modi - fm jetly . More problem perception is negative. Because Manipulated data show gdp much better than actually.
He didn’t had the spine to oppose demonetisation then and now he is writing book to criticise this.
He wasn't informed about Demonization
Abinash Panda : You must be kidding me, the head of the organization that is in charge of note production and distribution was not informed of demonetisation???
Am I Wrong? Am I? - I think you have mistaken , he was just a economic advisor, had nothing to do RBI. He was more a consultant.