First reduce the taxes, cut down on freebies, rationalise the salaries paid to govt employees, make health care free , take care of the old and handicapped, make others work for food, cut down corruption.
Good New Policies are hard to be implemented in overpopulated countries especially when it's a plutocratic inside but democratic country outside for namesake. Corporate needs consumers to get rich & Selfish politicians need a lot of stupid & brain washed voters to be in power. They are like the fishermen & commoners are like dumb fishes in the sea.
They collect tax and spend it in giving freebies before elections. I hate why all are getting free electricity in Delhi and many other states in India, *rich* enjoy it more than poor and it's just a strategy to gain votes, a flat ₹2,000 off will be a much better choice as it will give more benefit to lower class, don't promote wastage of electricity and don't burn taxes colllected from us who works hard to earn money.
Gdp is 5.4 and gst collection increased by 12%. Where do people have money to spend. Government sucking blood like leech in the form of gst, CESS, surcharge, income tax etc.
Well GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many cases like food and other essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only want to control the narrative without actual resultz
If you are looking for a car, then you are probably well off than 99% of the country. Govt/RBI should focus on needs of rest 99% indians more and that is controlling inflation. Car owners should be continued to be taxed to promote both use of public transit and lower traffic and pollution. So sit back and chill for a bit. You can buy your car soon. No hurry.
@@anty2105dude seriously? The GDP growth is slowest in 2 years and Modi before 2014 made a huge noise about the GDP growth rate at that time which was still better than todays rate
Only the finance commission decides the budget. Neither the PM, nor any other cabinet has a say in it. Prime Ministers usually give broad instructions and targets, say achieve a GDP growth rate of 7%. The finance minister's job is to make the finance commission come up with a policy for achieving the target. Again, the finance minister also doesn't head the finance commission. Finance ministers just overlook and watch over the work of the finance commission, and become the face of the policy. That's how democracy works... You think you are electing your leaders, but actually non elected bureaucrats run the picture, regardless of which party forms the government. All politicians do is create a macro goal, and take credits if the goals are achieved, and also play politics. This is true for any government.
Only the top 10% people are getting more rich & are able to afford many things in the market not the 90 % commoners that's why everyone is feeling lost. The government is allowing corporations to sell their products & services for inflated prices & these companies even doing tax evasions. It's obvious commoners are screwed in this game.
if GDP is growing it's not a bubble. In the past decade Indian GDP grew by 55%. At the same time period, inflation-adjusted GNI per capita(income per capita) grew from 77,370 to 122,766, which is about 58%. So, Indians income grew better than GDP, although by a small margin. All data from Wikipedia
We think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only wants to control the narrative without actual results
@@suryanshsagar2677 now when you change the base from 2011 to 2022 😂 Govt is so desperate these days that they are just trying to inflate their stats because paw paw has made us vishwaguru
@@arjunsavanur7242It is not really doing great. GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many cases like food and other essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only want to control the narrative without actual results. Plus not to forget the new direct tax code that is about to come. Already we have raised 25% tax on ltcg now after this investors won't have any money left. The taxation is crazy here
even i agree, nothing has been changed in this fastest growing economy. Middle class getting exploited with taxes like 35% direct income tax, GST, tax on insurance,health,school. But no services from Government. Its exploitation of salaried middle class money.
Palki thinks she is expert in economics than a RBI governor! When you reduce interest rate , people spending increases and that will increase demand and supply mismatch- again the inflation increases, this is the basis of the economics.
Self proclaimed leader of the world is working more then 100 hours a week to destroy Indian economy. Horrible roads. Pollution Poor health care Retirement is a crime in India Taxes are high but 0 returns Meanwhile FM is fast asleep.
I agree and it's unfortunate. GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10%. Govt only wants to control the narrative without actual results. Our spend on education is not even 5% and countries with 99% literacy rate spend over 10% on education and research. I think educating people is considered suicidal in politics cox then they will start asking questions(applies to both BJP and congress) . Not to forget the new direct tax code which will just kill the middle class and the investors.
@@timothychung4811 what country are you from? Acknowledging your flaws is the right step inorder to progress. Yes India is developing however from a middle class perspective I don't see any changes.
But India's inflation is mostly caused by costly petrol, which is imported, and food inflation which is due to broken supply chain in agriculture. Lowering interest rates helps create growth too. But US interest rates are high, and if India's interest rates are lowered, then capital flight will happen, and rupee will fall more, and petrol will become costly. Ultimately, America is the reason.
@rajx7120 We are overpopulated it's obvious we need more imports than other countries. Unlike china we are not exporting or dumping goods in other countries which is major disadvantage for us. China is still a developing country for namesake because import taxes for developing countries are less compared to developed countries.
@@Vampireruller India has avg trade deficit of 140 billion dollars. Now, a lot of electricity is wasted in agriculture and also lot of farm produce is wasted in the pathetic supply chain. Then we import a lot of pulses too, that could be grown locally. Agricultural waste, instead of burning could be used to make biogas to substitute natural gas. Electric cooking and using the gas to generate electricity, would improve energy efficiency. People are wasting lot of money on coaching for govt job. And fewer cities is causing high housing prices. If we save all this wastage, then we cover the trade deficit and GDP will also grow.
US dollar is going down in value not the Indian Rupee. The ongoing inflation in the US for the last several years has reduced the purchasing power of dollar. And this inflation is now imported to India and other countries. The US has borrowed $32 Trillion dollars and severe debt. 1USD = Rs 85.00 - 2023 0.95USD = Rs 85.00 - 2024 So 1 USD = Rs 89.00 - Future This trend is going to continue in the future. The US is quickly losing it's shine. Don;t blame the finance ministry in haste.
After 75 years of independence people struggle for the most basic needs of life such as food and water. And we are the fastest developing nation. We are not going to develop until people who are honest, true patriots and not selfish of them being in power and take strict decision, come.
@@Viragi7 if RBI does not cut rates, economy will face what is called a soft landing. Demand for debt driven inflation, like demand for second or third house, demand for new car, demand for gadgets bought on EMIs, credit card shopping etc will slow down, money supply will reduce in the market and inflation will cool down. After that has happens RBI should reduce rates. One more thing, RBI cannot control is what RBI cannot measure correctly. Education inflation, health care inflation is easily 10% in India. But is not reflected correctly. Food inflation is not considering the price of fast food, which Indian middle class is consuming. I categorize this as "upper middle class" inflation. Inflation in price of KFC, Haldiram, 4 bhk flats, cars above 10 lakh, large flat screen Tvs, private good quality school, max or appolo hospital treatment all this is easily easily above 10% inflation. Lowering interest rates now will push it even higher as this class of people have access to credit.
@@atherzaidi5871 well whatever u said is right.but its very clear the inflation is happened only in food items. so these interest rates wont help. food inflation will get better in coming 3 months.so interest rates cut wont effect on inflation.bcoz this is purely food inflation which will go down in 2 to 3months
@@jayakishore565 friend, you noticed no inflation in last year in price of property, jewelry, car, education? Find out the recipts of any shoe, jeans etc you bought last year, go to the same shop and buy similar one, I bet you will notice 10% inflation . Government is lying when they say only food inflation is there. Inflation is easily 10%, you need 10% more money this year to do same shopping as last year. Take a simple item like shampoo, toothpaste and compare the price.
The India economy just collapsed. India has the fastest collapsing economy in the world. GDP collapses, rupee collapses, inflation is sky high, but palki says the Chinese economy is collapsing. 😂😂😂😂😂
India economy collapse 😂 that's something new kidd0. Fastest growing economy is still india & will remain. Although Chinese economy may collapse becoz of upcoming tariffs impose by US might some sanction too but not India's economy... Don't live in delusion kidd0 😂
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chinese economy might face challenges due to upcoming US tariffs and possible sanctions, but not India's economy. Don't live in delusion, kiddo.
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chinese economy might face challenges due to upcoming US tariffs and possible sanctions, but not India's economy. Don't live in delusional kidd0😂😂
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chiinees economy might face challenges due to upcoming US tarifs and possible sancti0ns, but not India's economy. So Don't live in delusional, kidd0 😂.
Do you even know what collapse feels like? 6.2% inflation is high but NOT way above the target because RBI tries to maintain inflation between 4-6%. You wanna know what's high inflation? 8.35% in 2008, 10.9% in 2009, 12% in 2010, 8.91% in 2011, 9.48% in 2012, 10.2% in 2013 and 6.67% in 2014 and it has gone down ever since. Don't believe me? Check the World Bank data! FYI GDP has most certainly not collapse, it has grown by 5.2% less than the targeted 7% but that is most definitely not what collapse means! So jokes on you dear
Stop unnecessary taxes give people air to breathe. Many Indians are giving up Indian citizenship because of taxes if these all leave GDP will grow ..Think about it you will have to run a scheme desh waapis aao Pardesi...I pray decision makers grow in wisdom and do good for the country..I love india and I am concerned what is happening. GOD BLESS .....
0:50 - Let's see bro how long it stays that way. It's just a trailer. 4 years ago I said told that this growth won't be forever and they attacked me in the comments for that.
India should NOT cut interest rates until Consumer Price Inflation is well below 4% per year. The Americans and Europeans are likely to stop cutting interest rates immediately too because they are bankrupt and global investors are very reluctant to lend them money now.
@sab946 That's because rich people have become more rich by looting commoners & importing luxurious normal & sports cars from other countries. Mahindra company has to do innovations to attract those rich customers & prevent them from buying from foreign car companies 😅
before 2014 elections cruid oil price around 105 dollars per barrel. and petrol around 72 rupps per litter Now in 2024 cruid oil price around 77 dollars per barrel. India got cheaper Russian oil and yet petrol around 104 rupps per litter Mudi sarkar ki Jai
Good initiative from Phalki, in fact you have to do this from before because it's always good to alert the government so that they take corrective measure. Instead you alert the Chinese government every now and then with the hope that their economy will collapse.
We should decrease our imports first and try to more self-dependent. As we could try to solve our financial problems by exporting more and importing less
No the bottleneck is education and lack of opportunity. Only those people have good education whose parents were able to send them to a good school. My father was a teacher, he sent me to a very good school, this decided like 80% of my life. If he was poor and I had gone to a government school or shitty small private school, life would have been a disaster. We Indians are looking for shortcuts to superpower status. There are no shortcuts. There is no way India will reach first world standards while schools for poor kids look like they are in Bangladesh or Congo.
China MandirOmeter bana chuka hai jo Aliexpress par kharida jasakta hai. 90% accuracy ke saath. Ek banda jo parliament me kaam karta hai lejakar test kiya aur pata chala parliament ke neeche kai bhagvano ke mandir hain.
The blame must go to people who elect un experienced politicians who have only one agenda to make rich more rich and poor more poor. Word fast growing economy, people must see the roads, hospitals and air pollution
Interest rate cut would be the absolutely worst decision that can happen with this inflation. Check the property prices, check the vehicle prices, check prices of basic commodities like onion and tomatoes. Cutting interest rate will only make these prices soar. The only thing that RBI should be doing right now is to increase the interest rate. GDP will have to suffer in short term but it's better for country in long term.
GDP will go up again - Victory has 1000 fathers defeat has 1000 kibitzers -- Jeff Greenfield The road to success is always under construction - Lily Tamin
Modi Godimedia was using his mouthpiece Palkee selling to all you minions into thinking FDI is an all time high for India and the rupee just can't fail. Bahkts in the comment section is hilarious. This has NOTHING to do with interest rates and taxes, and they do not help you determined how strong your currency is.
Don’t blame the government, the FM who make policies and set goals rather blame the officials who follow their masters. Someone should be made as a scapegoat.
Goyal is a Buisnessman. Will not keep money in Banks, poor middle class keeps it, so interest matters to them, when everyday expenses have become difficult for them.
The history Bollywood won’t tell you:1. Around 1500 BC, the Aryans entered colonial India from the Khyber Pass and created the caste system; 2. At the end of the 6th century BC, the Persians defeated the Aryans and began to colonize India; 3. In 327 BC, the Macedonians Colonize India; 4. Beginning in the early 2nd century BC, Bactrian Greeks, Cypriots and Parthians invaded India; 5. In the 2nd century BC, the Yuezhi people who nomadically lived in the Hexi Corridor invaded India; 6. In the middle of the 1st century AD , the Kushan Xihou Tribe, one of the five Xihous of the Dayue clan, unified the five tribes and invaded India to establish the Kushan Empire; 7. In the 5th century AD, the descendants of the Central Asian Ser race and the Dayue clan of the Han Dynasty colonized India; 8 , from the 7th century AD, peoples dominated by Islamic culture began to invade India continuously; 9. In the 8th century AD, the Arab Empire occupied India; 10. In the 11th century AD, the Islamic Turks invaded India; 11. In 1526, the Mongols Colonized India and established the Mughal Empire; 12, the British...There is no India in the world, only colonies of the British Empire. India is the longest colonized region in the world, having been colonized for more than 2,800 years.Most Indians don’t even know where they are from when they look in the mirror.After the British left, they left behind beggars on the streets.
This condition will never go until people of India starts purchasing Indian companies made products instead of foreign products and till time Sitaraman will be the Finance minister. I hope she goes quickly so that a capable FM should come in.
RBI Governor has been meticulously implementing the various directions of the politicians without a whimper at the expense of the suffering of the people. If he looks at the hunger index of India he will realise how miserably he has failed. He has to take what comes his way.
Thank you moti g for doing everything which you used to crigicize once from gujrat. Evechieving everything even worst result which you used to mock current govenment back in 10-11-12 and13 -14
China enjoyed 40 years of uninterrupted economic growth, averaging 9.9% annually, in an era of globalisation and free trade 😂😂😂😂 India can hardly achieve 6% or more growth in a highly inconsistent manner 😂😂😂😂
Lowering interest rates at the present moment isn’t good. It raises inflation and weakens currency much further and thus further triggering inflation due to oil getting more costlier to buy! 5.1% gdp growth is very decent compared to 1-2.5% growths registered by countries like US and Canada. RBI governor is doing the right thing imo!
As per my Economics Teacher mr. Narayanan.. give power to people for buy things by reducing interest and start small scale industries in every village our Economy will grow high with in 10 years.. but media shows some things which is not in the books.
No one talks about the exhorbidan expenditure the govt does, e.g Every alternate days the three CM of Maharashtra go to Delhi and that too in separate planes, along with their chamchas and secretary. 😢😢😢 Who pays for this Modi does Nautanki of staying in the Airport.😂😂😂
Sharma ji.... Pls don't blame the govt or any body related to party taken up govt. .... Conveniently blame ppl... Like bureaucrats.... Good job palki... Keep it up... TH-camrs like dhruv is fighting for ppl than like u r paid journalism... Grt.... Keep it up.
How does the policy changes impacting millions across diverse economic backgrounds in India be made by individuals in this country? These decisions should be made with extensive data by a commission of policy makers and not by individuals who are supposedly qualified for certain positions.
Fastest growing economy have all time low in value rupee. GDP have goes all time low. Adani wealth goes all time High. So everyone can understand where the money is going . Modi helping him by selling public assets to Adani for cheaper price but not others. For others he is charging 100% tax for every products
In reality and when calculated correctly, GDP growth is around 3%. India is obsessed about GDP and China. China is a $ 18 Trillion economy, lest we forget.
Tax terrorism on middle class .more gst hike on common man used commodity going to kills Indian economy.Mrs sitaraman is hopeless F M should be dismissed immediately for nation interst
But didn't the RBI governor Shaktikanta Das say that the rupee has emerged as "one of the least volatile currencies" worldwide, particularly since the start of 2023. "The rupee has remained very stable against the US dollar and the volatility index." Everything is optical Illusion in India. No wonder he Disillusioned Indians.
Remove Nirmala Reduce Income tax Reduce crazy vehicle tax and levy uniform get Wait for 6 months, you can see India rising.... Everyone except the finance minister knows this 😂😂
When the GDP goes good, we give credit to the PM and when it is not doing good then we will blame the Reserve Bank?
Somebody has to take the fall 😂 Thus RBI.
Always blaming rbi when govt is not doing anything to fix things
😂😂😂
Rupee is not going down, Dollar is going up😵💫😵💫😵💫
yeh palki lodi hai puri apne baap ko nahi degi gaali kabhi
First reduce the taxes, cut down on freebies, rationalise the salaries paid to govt employees, make health care free , take care of the old and handicapped, make others work for food, cut down corruption.
Excellent suggestions. Please voice it
Good New Policies are hard to be implemented in overpopulated countries especially when it's a plutocratic inside but democratic country outside for namesake.
Corporate needs consumers to get rich & Selfish politicians need a lot of stupid & brain washed voters to be in power.
They are like the fishermen & commoners are like dumb fishes in the sea.
Very good suggestion but this is just a dream because in reality this will never happen
They collect tax and spend it in giving freebies before elections. I hate why all are getting free electricity in Delhi and many other states in India, *rich* enjoy it more than poor and it's just a strategy to gain votes, a flat ₹2,000 off will be a much better choice as it will give more benefit to lower class, don't promote wastage of electricity and don't burn taxes colllected from us who works hard to earn money.
And stop bootlicking corporates
Gdp is 5.4 and gst collection increased by 12%. Where do people have money to spend. Government sucking blood like leech in the form of gst, CESS, surcharge, income tax etc.
Need the money to buy outdated weapons for the Yanks.
toll plazas
Ohh your economics😢
Well GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many cases like food and other essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only want to control the narrative without actual resultz
@@mihirbanagar1616
Inflation rate is annual ,qauter or monthly?
First remove Sitaraman FM
Sitaraman best f m and shaktikanata best rbi governor.
@@paragshah3680agya itcell
@@paragshah3680 💩
Sitaraman is just the face, she is not responsible for all tnings - the members of parliament decide the budget and she just speaks it out
Well said!
Lower the car taxes, I can't even afford a car. What fastest growing economy? Nothing had changed with this fast growing economy.
Man already there is jam everywhere when only 10% of population owns cars.
Not cars, pulic transport and cycling are the best ways to get around a city/town
If you are looking for a car, then you are probably well off than 99% of the country. Govt/RBI should focus on needs of rest 99% indians more and that is controlling inflation. Car owners should be continued to be taxed to promote both use of public transit and lower traffic and pollution. So sit back and chill for a bit. You can buy your car soon. No hurry.
Car is a luxury.. not for common man.. that's what the government thinks..😂
You should not. We already have too much traffic.
THANK YOU NIRMALA FOR THIS ACHE DIN.
What was the uneducated tea seller doing? 😂
@@soup_boisbetter than bar services
@@anty2105dude seriously? The GDP growth is slowest in 2 years and Modi before 2014 made a huge noise about the GDP growth rate at that time which was still better than todays rate
Only the finance commission decides the budget. Neither the PM, nor any other cabinet has a say in it. Prime Ministers usually give broad instructions and targets, say achieve a GDP growth rate of 7%. The finance minister's job is to make the finance commission come up with a policy for achieving the target. Again, the finance minister also doesn't head the finance commission. Finance ministers just overlook and watch over the work of the finance commission, and become the face of the policy. That's how democracy works... You think you are electing your leaders, but actually non elected bureaucrats run the picture, regardless of which party forms the government.
All politicians do is create a macro goal, and take credits if the goals are achieved, and also play politics. This is true for any government.
@@arahul4045Haha Finance Minister is under HM Amit shah who is the brain of bjp party 😂
The entire indian economy feels like a massive bubble these days, gdp is growing, but the common persons situation seem to be getting worse
It's called fake growth. the BIGGEST scam country.
Only the top 10% people are getting more rich & are able to afford many things in the market not the 90 % commoners that's why everyone is feeling lost.
The government is allowing corporations to sell their products & services for inflated prices & these companies even doing tax evasions. It's obvious commoners are screwed in this game.
Country economy growth = top capitalist wealth growth
if GDP is growing it's not a bubble. In the past decade Indian GDP grew by 55%. At the same time period, inflation-adjusted GNI per capita(income per capita) grew from 77,370 to 122,766, which is about 58%. So, Indians income grew better than GDP, although by a small margin. All data from Wikipedia
@@ssssssssssama source: trust me bro
Fastest growing economy my a$$
We think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only wants to control the narrative without actual results
😂😂😂
😂😂
😂
Aapka a$$ badh raha hai kya 😂🤣
Rupee hits all time low as your journalism.
Bruh 🤣
First learn how to construct a sentence, then criticize others.😅
@aravind3398 I guess he was following the rupee's standards in global trade or Palki's standards in journalism 😎🤣
Entire credit goes to our great madam(FM) and modiji
Great GDP high … Modi jii thankyou. GDP low .. sack RBI Governor 😂😢😅
Ye fakiri hai
Bhai GDP grow kar rhi hai but thoda slow ho gya hai
Bhai thoda nai, 2 saal me slowest growth hai....@@suryanshsagar2677
@@suryanshsagar2677 now when you change the base from 2011 to 2022 😂
Govt is so desperate these days that they are just trying to inflate their stats because paw paw has made us vishwaguru
Provide any link of her praising Modi ji. Or just making your own happiness
I remember the same woman telling us last week that India's economy is doing better than China is collapsing then what happened
When some women speak it sounds like a crow cawing.
It is still doing better. Check the inflow of FDI once
@@arjunsavanur7242It is not really doing great. GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many cases like food and other essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10% . Govt only want to control the narrative without actual results. Plus not to forget the new direct tax code that is about to come. Already we have raised 25% tax on ltcg now after this investors won't have any money left. The taxation is crazy here
@@arjunsavanur7242 check where the FDI comes from?
Palki is a propagandist. She will raise voice against her masters.
even i agree, nothing has been changed in this fastest growing economy. Middle class getting exploited with taxes like 35% direct income tax, GST, tax on insurance,health,school. But no services from Government. Its exploitation of salaried middle class money.
35% ??? in which country?? upto 1 lakh salary you have only 15% tax.thats what i heard
Clown. If you paying 35% tax then you are privileged guy not middle class.
Too much Tax, Direct or indirect, above a amount it is 30 percent .
@@vandanakarnik8296 no its not.give examples.so that we will get enlighten.where is 30%
Palki thinks she is expert in economics than a RBI governor! When you reduce interest rate , people spending increases and that will increase demand and supply mismatch- again the inflation increases, this is the basis of the economics.
Self proclaimed leader of the world is working more then 100 hours a week to destroy Indian economy.
Horrible roads.
Pollution
Poor health care
Retirement is a crime in India
Taxes are high but 0 returns
Meanwhile FM is fast asleep.
I agree and it's unfortunate. GST collection is actually not rising in terms of volume it's rising due to the inflation which is a nominal growth and not a real growth if the volumes were rising it would have been reflected in the GDP which is not the case. I believe we should not cut rates, coz avg inflation is 6-7% but in many essential commodities it's over 10%. Govt needs better ministers and economists. They think Indias growth is amazing but actually when china was at our level it was growing over 10%. Govt only wants to control the narrative without actual results. Our spend on education is not even 5% and countries with 99% literacy rate spend over 10% on education and research. I think educating people is considered suicidal in politics cox then they will start asking questions(applies to both BJP and congress) . Not to forget the new direct tax code which will just kill the middle class and the investors.
...but Palki keeps telling the world how incredible India is transforming, SO I THANK YOU FOR TELLING US, FROM YOUR OWN MOUTH, HOW INDIA IS RIGHT NOW.
@@timothychung4811 what country are you from?
Acknowledging your flaws is the right step inorder to progress. Yes India is developing however from a middle class perspective I don't see any changes.
Lowering interest rates will raise inflation... 😂😂
Economics 101.
If inflation and growth get affected then they have to cut tax nobody ask that to government 😢😮
But India's inflation is mostly caused by costly petrol, which is imported, and food inflation which is due to broken supply chain in agriculture.
Lowering interest rates helps create growth too. But US interest rates are high, and if India's interest rates are lowered, then capital flight will happen, and rupee will fall more, and petrol will become costly.
Ultimately, America is the reason.
@rajx7120 We are overpopulated it's obvious we need more imports than other countries. Unlike china we are not exporting or dumping goods in other countries which is major disadvantage for us.
China is still a developing country for namesake because import taxes for developing countries are less compared to developed countries.
@@Vampireruller India has avg trade deficit of 140 billion dollars.
Now, a lot of electricity is wasted in agriculture and also lot of farm produce is wasted in the pathetic supply chain.
Then we import a lot of pulses too, that could be grown locally. Agricultural waste, instead of burning could be used to make biogas to substitute natural gas. Electric cooking and using the gas to generate electricity, would improve energy efficiency. People are wasting lot of money on coaching for govt job. And fewer cities is causing high housing prices.
If we save all this wastage, then we cover the trade deficit and GDP will also grow.
1 dollar is 84.70 rupees. soon it will be nearing 90 rupees.
Soon it will surpass 100
That’s why rate cut shouldn’t be done if inflation is stil high
US dollar is going down in value not the Indian Rupee. The ongoing inflation in the US for the last several years has reduced the purchasing power of dollar. And this inflation is now imported to India and other countries. The US has borrowed $32 Trillion dollars and severe debt.
1USD = Rs 85.00 - 2023
0.95USD = Rs 85.00 - 2024
So
1 USD = Rs 89.00 - Future
This trend is going to continue in the future. The US is quickly losing it's shine. Don;t blame the finance ministry in haste.
100 BRO - Republic Day Celebration. With trump in office..
dude in last 2 months even china rmb has moved from 7 to 7.28.which is 4% increase.please understand economics before commenting like this
After 75 years of independence people struggle for the most basic needs of life such as food and water. And we are the fastest developing nation. We are not going to develop until people who are honest, true patriots and not selfish of them being in power and take strict decision, come.
RBI shouldn't budge to politicians. Cutting rates will lead to inflation!! That's beginner level economics
That would be ideal. But nothing in India is done ideally.
@@atherzaidi5871 well ans me one thing,what happens when we don't cut rates, if you are chief economist 🤦
@@Viragi7 if RBI does not cut rates, economy will face what is called a soft landing. Demand for debt driven inflation, like demand for second or third house, demand for new car, demand for gadgets bought on EMIs, credit card shopping etc will slow down, money supply will reduce in the market and inflation will cool down. After that has happens RBI should reduce rates. One more thing, RBI cannot control is what RBI cannot measure correctly. Education inflation, health care inflation is easily 10% in India. But is not reflected correctly. Food inflation is not considering the price of fast food, which Indian middle class is consuming. I categorize this as "upper middle class" inflation. Inflation in price of KFC, Haldiram, 4 bhk flats, cars above 10 lakh, large flat screen Tvs, private good quality school, max or appolo hospital treatment all this is easily easily above 10% inflation. Lowering interest rates now will push it even higher as this class of people have access to credit.
@@atherzaidi5871 well whatever u said is right.but its very clear the inflation is happened only in food items. so these interest rates wont help. food inflation will get better in coming 3 months.so interest rates cut wont effect on inflation.bcoz this is purely food inflation which will go down in 2 to 3months
@@jayakishore565 friend, you noticed no inflation in last year in price of property, jewelry, car, education? Find out the recipts of any shoe, jeans etc you bought last year, go to the same shop and buy similar one, I bet you will notice 10% inflation . Government is lying when they say only food inflation is there. Inflation is easily 10%, you need 10% more money this year to do same shopping as last year. Take a simple item like shampoo, toothpaste and compare the price.
The India economy just collapsed. India has the fastest collapsing economy in the world. GDP collapses, rupee collapses, inflation is sky high, but palki says the Chinese economy is collapsing. 😂😂😂😂😂
India economy collapse 😂 that's something new kidd0.
Fastest growing economy is still india & will remain. Although Chinese economy may collapse becoz of upcoming tariffs impose by US might some sanction too but not India's economy... Don't live in delusion kidd0 😂
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chinese economy might face challenges due to upcoming US tariffs and possible sanctions, but not India's economy. Don't live in delusion, kiddo.
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chinese economy might face challenges due to upcoming US tariffs and possible sanctions, but not India's economy. Don't live in delusional kidd0😂😂
India's economy collapsing? 😂 That's a new one, kiddo. India is still the fastest-growing economy and will remain so. But maybe, Chiinees economy might face challenges due to upcoming US tarifs and possible sancti0ns, but not India's economy. So Don't live in delusional, kidd0 😂.
Do you even know what collapse feels like? 6.2% inflation is high but NOT way above the target because RBI tries to maintain inflation between 4-6%. You wanna know what's high inflation? 8.35% in 2008, 10.9% in 2009, 12% in 2010, 8.91% in 2011, 9.48% in 2012, 10.2% in 2013 and 6.67% in 2014 and it has gone down ever since. Don't believe me? Check the World Bank data!
FYI GDP has most certainly not collapse, it has grown by 5.2% less than the targeted 7% but that is most definitely not what collapse means! So jokes on you dear
Union Ministers must think about cutting taxes, let the RBI governor do his job !
Stop unnecessary taxes give people air to breathe. Many Indians are giving up Indian citizenship because of taxes if these all leave GDP will grow ..Think about it you will have to run a scheme desh waapis aao Pardesi...I pray decision makers grow in wisdom and do good for the country..I love india and I am concerned what is happening. GOD BLESS .....
Shakti kant Dass did commendably well in his entire tenure.GOi surely extend the tenure.
India is fastest growing country on the reverse direction.
Thanks to Modi and FM.
Palki cooked, cooked and cooked. At the end, busted. Just silently watch her, you will laugh at her stories.
Tariffs incoming... 😂
So according to firstpost the blame is on shakthikantha das😂
Remove FM first. 30 %
of my income goes as taxes with no return
Replace finance minister at first place. Reduce taxes.
0:50 - Let's see bro how long it stays that way. It's just a trailer. 4 years ago I said told that this growth won't be forever and they attacked me in the comments for that.
She is like at least we are using UPI. 😂
India should NOT cut interest rates until Consumer Price Inflation is well below 4% per year. The Americans and Europeans are likely to stop cutting interest rates immediately too because they are bankrupt and global investors are very reluctant to lend them money now.
Will they remove finance minister from her position?
How low can you go? Feel sorry for Russians stuck with all those oil rupees. But India is still shining. 🌟😂😂😂
True godi media, low GDP means less jobs. It is failure of government. Financial minister should resign
Even the foreign policy is at an all time low . Literally issue with every country - sri lanka , maldives , pak , bangladesh , canada , germany.
im working in mahindra dealership this year our car sale fall 40% last 6 month were the lowest
Man, this is sad what is going on. The common man is getting poorer and pooper everyday, and the prices are soaring.
Nobody buy 50% tax rate cars
@sab946 That's because rich people have become more rich by looting commoners & importing luxurious normal & sports cars from other countries.
Mahindra company has to do innovations to attract those rich customers & prevent them from buying from foreign car companies 😅
before 2014 elections
cruid oil price around 105 dollars per barrel.
and petrol around 72 rupps per litter
Now
in 2024 cruid oil price around 77 dollars per barrel. India got cheaper Russian oil
and yet petrol around 104 rupps per litter
Mudi sarkar ki Jai
Good initiative from Phalki, in fact you have to do this from before because it's always good to alert the government so that they take corrective measure. Instead you alert the Chinese government every now and then with the hope that their economy will collapse.
We should decrease our imports first and try to more self-dependent. As we could try to solve our financial problems by exporting more and importing less
I think economic efficiency is the major bottle neck for India's GDP growth
No the bottleneck is education and lack of opportunity. Only those people have good education whose parents were able to send them to a good school. My father was a teacher, he sent me to a very good school, this decided like 80% of my life. If he was poor and I had gone to a government school or shitty small private school, life would have been a disaster. We Indians are looking for shortcuts to superpower status. There are no shortcuts. There is no way India will reach first world standards while schools for poor kids look like they are in Bangladesh or Congo.
But we have vishwaguru who works 18 hours and genius finance minister and lazer eye MEA still no economic growth
😂😂😂 One can hide the truth but cannot bury it
Cut down on freebies
India is always tell lies. And palki always spread that lies. Lol 😂😂😂
LAMO 😂😂
@@LifewithHannah124 do not tell your name. 😂😂😂
Isn't this also told by Palki?
Relax this is only for this particular quarter and it is because of the elections.
Well said my friends she loves spreading lies that's not journalist working for government
Searching for shivlingas inside mosques will further worsen the economy
Power of pickle maami…won’t stop until collapsing our economy…
Bubble in RBI and state banks 😢
RBI should not cut rates if it fits , they should keep their independence & objectivity.
China MandirOmeter bana chuka hai jo Aliexpress par kharida jasakta hai. 90% accuracy ke saath. Ek banda jo parliament me kaam karta hai lejakar test kiya aur pata chala parliament ke neeche kai bhagvano ke mandir hain.
Use your BRICKS dollars 😅
Backdoor minister happily increase taxes 😂😂😂
India shinning!
I hope the next RBI guv is crypto friendly
The blame must go to people who elect un experienced politicians who have only one agenda to make rich more rich and poor more poor. Word fast growing economy, people must see the roads, hospitals and air pollution
Interest rate cut would be the absolutely worst decision that can happen with this inflation. Check the property prices, check the vehicle prices, check prices of basic commodities like onion and tomatoes. Cutting interest rate will only make these prices soar. The only thing that RBI should be doing right now is to increase the interest rate. GDP will have to suffer in short term but it's better for country in long term.
Nirmala Tai is the reason for all this
Throw Nirmala out. She doesn't work, only Babus work.
Our people are busy typing in comments "superpower till 2030 sarr" and here this is the situation of growth
We don't need care about high prices we need to build more temple's.
GDP will go up again -
Victory has 1000 fathers defeat has 1000 kibitzers -- Jeff Greenfield
The road to success is always under construction - Lily Tamin
Why did this lady never ask the Indian PM any questions?
Biggest confusion is, why are we being governed by such incompetence?
RBI's remit is to curb inflation. Politicians job is to get re-elected.
Vanish the politians & electoral bonds...our beloved BHARAT will be the TOPMOST ONE.
This govt is for the rich.Thats why common people lives get harder even after GDP growth.
Kick out Modi and Shah al hand over loot license to congress now
My Hindu brothers what's there in RBI and GDP ..we should focus on establishing Hindu rashtra
Modi Godimedia was using his mouthpiece Palkee selling to all you minions into thinking FDI is an all time high for India and the rupee just can't fail. Bahkts in the comment section is hilarious. This has NOTHING to do with interest rates and taxes, and they do not help you determined how strong your currency is.
"So what we have UPI". So calm down
Don’t blame the government, the FM who make policies and set goals rather blame the officials who follow their masters. Someone should be made as a scapegoat.
Prices are hiked and now GST percentage has increased. I wish we won't be heading toward economical failure caused by governments.
Goyal is a Buisnessman. Will not keep money in Banks, poor middle class keeps it, so interest matters to them, when everyday expenses have become difficult for them.
Good presentation
Worst governor
The history Bollywood won’t tell you:1. Around 1500 BC, the Aryans entered colonial India from the Khyber Pass and created the caste system; 2. At the end of the 6th century BC, the Persians defeated the Aryans and began to colonize India; 3. In 327 BC, the Macedonians Colonize India; 4. Beginning in the early 2nd century BC, Bactrian Greeks, Cypriots and Parthians invaded India; 5. In the 2nd century BC, the Yuezhi people who nomadically lived in the Hexi Corridor invaded India; 6. In the middle of the 1st century AD , the Kushan Xihou Tribe, one of the five Xihous of the Dayue clan, unified the five tribes and invaded India to establish the Kushan Empire; 7. In the 5th century AD, the descendants of the Central Asian Ser race and the Dayue clan of the Han Dynasty colonized India; 8 , from the 7th century AD, peoples dominated by Islamic culture began to invade India continuously; 9. In the 8th century AD, the Arab Empire occupied India; 10. In the 11th century AD, the Islamic Turks invaded India; 11. In 1526, the Mongols Colonized India and established the Mughal Empire; 12, the British...There is no India in the world, only colonies of the British Empire. India is the longest colonized region in the world, having been colonized for more than 2,800 years.Most Indians don’t even know where they are from when they look in the mirror.After the British left, they left behind beggars on the streets.
This condition will never go until people of India starts purchasing Indian companies made products instead of foreign products and till time Sitaraman will be the Finance minister. I hope she goes quickly so that a capable FM should come in.
RBI Governor has been meticulously implementing the various directions of the politicians without a whimper at the expense of the suffering of the people. If he looks at the hunger index of India he will realise how miserably he has failed. He has to take what comes his way.
India is shining
Thank you moti g for doing everything which you used to crigicize once from gujrat.
Evechieving everything even worst result which you used to mock current govenment back in 10-11-12 and13 -14
If interest rate is high for long time, progress of the nation will go down. It is better not to give extension to this governer..
China enjoyed 40 years of uninterrupted economic growth, averaging 9.9% annually, in an era of globalisation and free trade 😂😂😂😂 India can hardly achieve 6% or more growth in a highly inconsistent manner 😂😂😂😂
How much u get paid 😂
India Shining...😂😂😂😂😂😂 yeah, those Toilets shining😂😂😂
எல்லாம் நன்மைக்கே
Lowering interest rates at the present moment isn’t good. It raises inflation and weakens currency much further and thus further triggering inflation due to oil getting more costlier to buy! 5.1% gdp growth is very decent compared to 1-2.5% growths registered by countries like US and Canada.
RBI governor is doing the right thing imo!
The RBI policy can't do anything better. The problem is the wrong monetary system.
Cutting interest rate should get the Indian local market going
remove FM, she is just a worst
I think the interest rates should be increased. Else inflation will will go sky high.
We are a Banana Republic
As per my Economics Teacher mr. Narayanan.. give power to people for buy things by reducing interest and start small scale industries in every village our Economy will grow high with in 10 years.. but media shows some things which is not in the books.
No one talks about the exhorbidan expenditure the govt does, e.g Every alternate days the three CM of Maharashtra go to Delhi and that too in separate planes, along with their chamchas and secretary. 😢😢😢
Who pays for this
Modi does Nautanki of staying in the Airport.😂😂😂
India has the fastest growth rate of GDP among the major economies, so there's no need to worry.
Palki took this on light note and allocated less than 5 minutes!
Sharma ji.... Pls don't blame the govt or any body related to party taken up govt. .... Conveniently blame ppl... Like bureaucrats.... Good job palki... Keep it up... TH-camrs like dhruv is fighting for ppl than like u r paid journalism... Grt.... Keep it up.
India will be superpower sarr
How does the policy changes impacting millions across diverse economic backgrounds in India be made by individuals in this country? These decisions should be made with extensive data by a commission of policy makers and not by individuals who are supposedly qualified for certain positions.
Fastest growing economy have all time low in value rupee. GDP have goes all time low. Adani wealth goes all time High. So everyone can understand where the money is going . Modi helping him by selling public assets to Adani for cheaper price but not others. For others he is charging 100% tax for every products
In reality and when calculated correctly, GDP growth is around 3%. India is obsessed about GDP and China. China is a $ 18 Trillion economy, lest we forget.
Tax terrorism on middle class .more gst hike on common man used commodity going to kills Indian economy.Mrs sitaraman is hopeless F M should be dismissed immediately for nation interst
But didn't the RBI governor Shaktikanta Das say that the rupee has emerged as "one of the least volatile currencies" worldwide, particularly since the start of 2023. "The rupee has remained very stable against the US dollar and the volatility index."
Everything is optical Illusion in India.
No wonder he Disillusioned Indians.
Remove Nirmala
Reduce Income tax
Reduce crazy vehicle tax and levy uniform get
Wait for 6 months, you can see India rising.... Everyone except the finance minister knows this 😂😂