We have experimented in this video. Tried to teach concepts of economics with the help of humour. Tell us if you like it and if it made you help the topic better. Did you like this attempt? Yes/No - comment below!
I am a MBA student and the way you guys are explaining the complex macroeconomics concepts in simple manner is just amazing. Keep up the good work. Eagerly waiting for part 2.
@@harshit97x yeah me abhi 12th me hu commerce side se aur mujhe ye sab macroeconomics ke terms samajh aate hai science Wale aise video dekh bhi like ye sab kya hai
@@prof.saksham2165 sir student student hota hai fir app bhi student ho aur ham bhi student hai. You keep on learning unless you die . By the way I am bcom student
We definitely want a more detailed part 2. You guys are awesome. I watch most of your videos and then share them as well because it makes sense! Thanks for this amazing video. God Bless!
What solution they propose?? Their work is just to pick topics from various fields and make a engaging video. They have no intention to work on solutions. I bet if thier view count decreases they will switch to another job.
@@VarunKumar-jv4xt bro look at the rate at which prices are increasing in these years India is falling in every possible index in the world Whether it be hunger index Inequality index Quality of life index etc... It is not just after covid But before covid too it was so The government is doing a very bad job. It is just a myth to say that modi government is good But in reality it is worst then ever. And what is the comparison that we are comparing bangladesh with India???? Like wtf dude Bangladesh is such a small country and still... Moreover even Bangladesh has surpassed India in terms of gdp percentage growth!!!!! Just imagine. Ofc 2011 vala rate abhi nhi milega But iska mtlb ye nhi ki 2 X prices ho jayegi Asa kbse hota hai??? Agr asa karna tah to at least average income to increase hoti logo ki But vasa to hai nhi Sirf amiro ki income increase ho rhi hai
@@VarunKumar-jv4xt जीडीपी इसलिए बड़ी है क्योंकि जनता का शोषण बड़ा है जीएसटी दुगना लिया जा रहा है पेट्रोल के दाम आसमान छू गए हैं और उस हिसाब से नहीं बढ़ी है जिस हिसाब से बढ़नी चाहिए वैसे मोदी सरकार ने चुनाव में 100 लाख करोड शिक्षा में खर्च करने की घोषणा की थी परंतु हर कोचिंग में जीएसटी लिया जा रहा है 😂 और शिक्षा पर खर्चा जीरो किया है केवल व्हाट्सएप यूनिवर्सिटी में खर्चा हो रहा है
I have always been so confused on to exactly how the currency changes in compare to dollar and why dollar dominates so much to the world. You guys have explained it in so easy way. I really appreciate your work and I want to know more about the import and export ratio of India currently. Eagerly waiting for 2nd part of the video. Appreciated your work.
come out of common man psyche...Aim to become uncommon and lead....create jobs and contribute to making products and services for the world at their acceptable standards.
@@Zeus-fe3we No risk = No returns, this is a global investment rule, India and you are no different, only the scale varies either at individual level or at national level. Stop dreaming for a better future then, learn to live under India's limitations if you cant make a difference. You have to get into war field and fight to protect your kingdom or perish! Having lived in western nation for 10 years now, I have not seen any westerners taking afternoon naps or seen their households having a nap culture. But as I said earlier, millions of Indians love their afternoon naps... that would serve everyone well in India and of course comes risk free! 😀 No personal offence mate but just a ground reality.
I am a Student who is studying from Bombay Stock exchange , final year , really nice explanation towards the power of rupee . Keep up the good work , also please motivate students and today’s generation regarding stock markets and investment for future
I am so much impressed by your content. Because of you my interest is developed in economics I'm in class 12th and now i came to know how vast the things are. We are only make views on things, don't understand the reasons and concept behind it. You guys are amazing. Want part 2 and more informative videos 👍❤️
Its so good that you are so young and yet have understood about not forming an opinion without thinking and understanding it through. Kudos to you young mate!
To strengthen rupee following steps need to be taken: a. Increase import duty on non essential commodities which have domestic alternatives to promote domestic manufacturers b. Reduce export duty on domestic goods and services c. Reduce import duty on essential raw materials for domestic products to make domestic products more competitive d. Promote EV and Renewables to reduce dependency on Crude oil and imported Coal e. Promote foreign investment to setup plants of foreign manufacturers by giving tax incentives like PLI schemes f. Reduce GST on goods which are manufactured locally
Absolutely loved this comment. But I wonder how WTO would react to this, since India was already facing pressure to remove subsidies to its farmers and nonetheless WTO is like best for the west. But by all means RBI needs to protect the forex reserves it has and it’s the people who can help them. If in the next day India’s economy become more self reliant and people start using Indian manufactured products, that is where exactly WTO and the west will bow down to India. One central bank might not have the power to do that but definitely 1.4 billion people have the power to do it.
@@vatsalmaheshwari7884 Obviously there will be challenges in implementing these policies but this is exactly what US, China have been doing in the past to strengthen their economy
@@pksingh3232 another aspect I would consider is that the appreciation that USD has taken right now is a short term appreciation, I believe, which is basically a bubble with all time peaks with currencies, and the cause of it is the all time high inflation. Since the inflation is high they are increasing the interest rates which is attracting foreign investments causing capital inflows. These capital inflows are not accompanied by strong capital control policies, so I personally feel that the recession will hit US the similar way it hit East Asian countries in 1997-98. And when it hits the currency will drop. Additionally, since US is a global leader the effect will be contagious and which could lead world into global crisis. What do you say?
@@vatsalmaheshwari7884 There is already an ongoing slowdown in USA due to high inflation primarily due to high liquidity but fundamentals of US economy is still strong because their exports will still grow which will cushion the economic slowdown, moreover a strong USD is not good for US exports. The 2008 recession was primarily due to huge NPAs in the US Banking system , the current issue is not of NPAs so I feel in the next 3 months US economy will start recovering, you should see high capital inflows into Indian economy because we are still doing comparatively better than US , UK as far as inflation is concerned. I feel the USD has already risen a lot and now its time for it to correct to 75 levels soon
Your suggestions are good and easily implementable. Despite intelligent officers and advisors govt still not taking such steps. Why? Afterall people in govt know everything. They r not fools to not understand such simple things. Then whats the problem... The problem will not be found in any textbooks, media or anywhere.... Problem is rising domination of US UK and France multi national companies. They do lobbying and through bribes they manipulate our policies. This is real problem. All parties are together on this issue. If India does not obey them then India might face a real problem ie war. Kargil happened bcoz Vajpayee refused FDI in media and Insurance sector. So USA did kargill via Pakistan. Solution - 1.Self made complex weapons. 2.Right to recall PM. 3. Jury System. 4. Referendum/TCP 5. Remove GST and bring Empty Land Tax. 6. Direct Royalty of all minerals mined to citizens and military account.
MBA finance student- and the way you guys taught the roles of RBI and demand, supply procedure is really great you guys are doing really great for the welfare and awareness in the society. This is what actually a couple goal should be like. You guys are 👍Great Abhi and Niyu. Abhi bro you are literally so serious I've seen you in other people vlogs's bro just keep a smile whenever you meet them you are a great personality I've seen you deep in your thoughts even at public places sorry if am wrong but you are such an inspiration.😀 and i am eagerly waiting for Part-2.
Finance mein accounts related kya hai chapters bata sakte ho? I am pursuing bcom(hons) about to enter 2nd year in August Thinking of pursuing mba in the future
@@scintillatingconquistador28 you’ll have only one subject related to accounting and mostly for any university syllabus will be from basics of accounting to Financial cash flow statements(includes Journal,ledger,balance sheet,cash account&types,Depreciation,trial balance,p&l ac,Ratio Analysis,Cash flow statements)
@@scintillatingconquistador28 Financial Accounting and Corporate Accounting will be something not new but yes the advance level of accounting to understand how accounting works in practical manner. Rest the Second Reply from RAVI in this comment is totally correct.
Being student of economics I must say the way you explained foreign trade, I have seen nobody explained with that simplicity and ease.. Definitely worth spending my time.. thank you
Abhi and Niyu, make a video on Brahmos and HAL Tejas exports to Philippines and Vietnam. Our beloved PM Modi's words turned true, we are finally a military weapon exporter!
Soon we will be a top superpowered nation. On the contrary internal matters of India will never be solved but after all everyone sees the Title on a newspaper not the inner content.
@@kushaljaisiyaram Mein to Prashant sir ka fan hu. But since Abhi and Niyu are the youth icons, they should be discussing it too! Their subscriber base should also learn those facts.
@@chaudhariomkar1672 Yes, 3 trillion dollar economy already. We will surpass the 5 trillion mark in a few years. PM Modi's words are turning true day by day.
Yess you said correct. Therefore india needs to increase export and india needs more foreign investors to setup their company to india or india needs to more focus on made in india initiative..
@@KrishnaSharma-mc7gc export is increasing ..but it will take time to reach a level ... recently $400 billion export target was achieve....but here main problem is our oilconsumption has increased more than 50%... U consider crude oil or , palm , soya oil... This consumption by public needs to be controlled...use of public transport, use electric vehicles...public needs to understand and help in this situation....this 2 things can be easily done by public...invest in domestic holidays...instead of going to Maldives ...go to lakshadweep or Andaman Nicobar....it's high time public chalta hai waala attitude should go and help in building nation... We are selling rupees to buy dollars in all these scenarion... Indian public easily overcome this .. atleast for 6 months...once war is stopped... recession fear comes down... investment will come back to india....in future semiconductor plants, textile hub, defence export everything will contribute...piyush goyal is doing work....
I am right now a kid and knowledge of these things is actually quite fascinating and you should have talked about WTO how india can't sell rare plantation to foreign in over priced prices cause WTO sets the prices that would make people more knowledgeable that why can't we earn money by selling rare things from india and love your videos :D
You both should be appreciated for your tremendous work. You are absolutely right that nowadays most youths are busy making reels. We do something productive instead of wasting time by watching primetime news and hearing bollywood news.
One major factor you might have missed is the interest rate parity. Let's say risk free rate of return (consider FD/Govt bond) in India is 6% and 2% in the USA. In that case you may take the advantage of the arbitrage available and try to invest in rupees and convert to usd after one year. But remember there is no free lunch and the market forces with compensate this interest rate differential with the currency exchange rate. So ceteris paribus, rupee will go on devaluing against USD as long as there is interest rate differential.
Hi Abhi and Niyu, Great video as always... India is buying large chunk of gold every year and people are bulking it up ... without bringing it out into the economy It is one of the reason for rupee depreciation where we are buying gold in dollars and it is not being invested anywhere w.r.t our country development
Yes, it is a tough time which we are facing, being an international marketer and market researcher in South Korean embassy. I will suggest every one to trust the own country's product and start consuming it more than imported once because for daily necessary india is a well sufficient as per now. It will help us to be more efficient and powerful.
As usual you both are masters in simplying things and explaining but with use of memes n videos u made it 10x times awesome. Thank you for doing what you do ❤️❤️❤️❤️
@@anurag02075 Why some people like you feel good to degrade others You could've said "The spelling should be *simplifying* otherwise your comment was great" She might have been knowing the spelling but she may have forgotten about it or something else. These small things matter in life bro. Change your way of presenting yourself and people will start loving you.
@@cosmos0707 look at yourself bro , Being all karen ,not understanding sarcasm . Or maybe people should specify that they are being sarcastic . Or maybe you are saying all this because the one who commented is a GIRL 😏 , i dont know the reason , but you are being to soft for a simple comment , wonder how will you deal with real racism or any discrimination .
I'm one of the covid batch student of share market, and I was unable to constantly understand the effect falling rupee had on market, this video helped me understanding a few articles I read and I guess part 2 will help me even more.
As I am student we know little bit.... That's why we need a complete video about medical stability, medical situation, NEET exam, people doctor ratio etc... Please dada and didi please do it 🥺 ... Because I'm medical aspirant, I'm not enough good in English but I try to convince you ... And a special thanks to both you to describe us India's important topics and we need second part of this video.....
Really great video! Personal level contribution one can do: - stop or decrease buying of production which are not ‘Made in India’ for few months, give more preferences to Indian companies as even manufacturing & selling in India, but, if company is not Indian, mostly Rupee profit would go out as dollar - buy much local products - keep surroundings clean & tidy so tourism can increase - save petrol/gas as much it can be possible
Bhai yar dekho North East mei koi cities nhi hai acchi Odisha mei bhi bekar cities hai Only Maharashtra TN Gujarat are good states In terms of city development
@@31davidwarner sahi me sirf kutch gine chune hi shahar hai. Ese bhout sare shahar hai jinko badawa milna chaiye. Like MP ka indore, bhopal, gwlior ( aabhi bhi gao ki feel aati hai even though bhout bada shahar hai ), jabalpur, UP me kanpur laknow, bihar me patna, punjab me amritsar ludhania etc, chandighar, aor bhi bhout sare hai jinko bada karna chaiye
Make Indians to love India and make people to live in India that's all respect us which will make others respect us. End of problems Reduce Population in a controlled manner.
@@harshalbatravlogs1378 for crude oil it's not possible...but yes for edible oils we can surely do it... For crude oil thing we require an alternate energy source...either hydrogen fuel or Ev...i strongly feel hydrogen fuel would be next big thing... Nitin gadkari is already running test on toyota car working on hydrogen fuel cell...next 5 years things are looking good atleast in case of alternate energy and export....hope for the best 🤞 I really want to see india as self reliance and powerful country....
The comparison of demand and supply to sabji wala is just awesome way to simplify the difficult terms in simple language. Which really helps everyone to understand the difficult terms...
Thank god you have made a video on this topic, from the last few weeks I was arguing with people about how the Rupee is the worst performing in Asia and they were like " That's not a problem we need to worry about ".
Basically current account deficit is one of the biggest problems which is increasing day by day i appreciate government as increased import duties on gold and also increase windfall tax on oil companies still we need to increase our exports on several commodities and also government should increase foreign exchange reserve to maintain balance
yes it helped me to see the topic of economics in a different way and easy to understand.....will be waiting for the part 2 video....keep it up guys ✌️
The way we can control rupee to dollar ratio is by boycotting foreign brands like Macdonald, levise,jbl etc, instead buy indian products which will help our companies grow and later bring foreign money to india......
Bhai mere humans ko show off krna pasand hai...1000 mai se 1 log hi boycott krenge...iske liye ek acha marketing team chahiye jo apna brand value badha ske...agar indian celebrities made in India products ko promote kre to ye possible hai...but mind you uss product ki quality sahi honi chahiye ya average ho...warna yaad hai na fauji game jisko akshay ne promote kiya kya haal hua...kitna hype mila lekin game tatti hone ke karan logo ne negative reviews dena suru kr diya
Just before we were discussing this topic and I dont have that much knowledge on these topics and I wanted to know about our economy and thought to check it on socail media ...... Later I saw this video of explaining it..... Thank u guys ,u guys are best in explaining any big topics And yeah we want part 2 of this😊
Excellent explanation.... This video may hurt few people's thought process, those with coloured glasses. But undoubtedly we all need to change our focus.
I am an IT guy, pretty well versed with economic knowledge, whenever I used to tell people about all of this info, as in why dollars hike, why Indian rupee depreciate, why RBI can't produce money to clear all its debts people thought of me as a fool who's just blabbering without facts, but here you go!. You guys explained everything in a lay man language, simplified the most complex of all topics (economics). May this vid reach to each corner of this country and people could focus on makin our country stronger economy it deserves to be ❤️
Yes It was worth watching. But We would also like to know why the Price of LPG rise from Rs.430 ( 2014) to Rs 1050 ( current price) and what contribution can we make to lower the price from present rate. Thank you.
First thing overall international rates are hiked then how can gov pay from their poket just so that we guys get gas ,as u know we dont produce gas it’s imported so globally prises are hiking modi gov is doing great job but indirectly we are going to face issues as gov wont pay from their pocket to make availability of gas for us
@@danielshalu2550 because of modi the price is 1000 rupees, before 2014 the price was 900 rupees the government only provided subsidies because of which common people got it near 400 ruppees. Don't forget the real price of the subsidies since 2004 the price without subsidies was 284 and within 10 year till 2014 it became 900 ruppees without subsidies. Meanwhile since 2014 to 2022 it is only 1200 ruppees
Steps that India can take 1. Give more interest in Govt Sec as a result FPI will not go away 2. Put cess tax on Gold as its import hurting us 3. Put windfall tax on Crude oil so that one company wouldn't get profit from highly increasing price of oil 4. Increase heredity tax and wealth tax to decrease CAD 5. Self Reliance on imports 6. Investment in EVs and Renewable Energy Continue if you have any.....
Nowadays I feel it has become my necessity to see your videos. Better than any news channel you give the best content at a very appropriate time and explain each point very well. Even a child can understand a video of yours. Very much proud of my country for having some responsible citizens like you. Keep growing.
As an international and domestic tour operator we are greatly affected due to pandemic as foreign guests stopped coming into India and due to weak INR international tours became very expensive. If we can stabilize INR to around 60 to 1 USD then petroleum and all international tours wud be affordable Adios from Blue Spice Holidays.
Even if the RBI lends to others with a good background, the value of your rupee may rise. Because people like Vijay Mallya run away with loans. This is one of the main reasons why the rupee is depreciating ...
I think that India should reduce the export charges so that the foreign businessmen make up their mind to import from India and further develop and promote tourist places.
Then in Indian market prices will go up due to shortage ,just like petrolium product , fuel station are empty because companies are exporting to other countries for profit , balance is very important
Please make a video that how economy of U.S.A works ...and does they face any such situations as our country faces ... If yes then, how thier government handle all the economy based problems 🙂
YOU SHOULD MAKE VIDEO ON INDIAN STUDENTS WHO ARE GOING TO ABROAD FOR MBBS , HOW THEY ARE PERFORMING IN INDIA , ARE FOREIGN GRADUATE OF INDIAN CITIZENS ARE EQUIVALENT TO MBBS STUDENTS WHO GRADUATED FROM INDIA ?
We have experimented in this video. Tried to teach concepts of economics with the help of humour. Tell us if you like it and if it made you help the topic better. Did you like this attempt? Yes/No - comment below!
Yes ....
Definitely yes
WAITING FOR PART 2 !! EXPERIMENT WORKED!!
Want part 2 as well as RBI POLICIES regarding this issue
Yes
Complex concepts are explained in a simpler manner. Keep up the good work 👍
Sir big fan.....🛐
u are my 1st mentor and I'm proud
@@medicine_house Means a lot💓
@@aestheticladka9700 💓
Here I am your subscriber and you are somewhere ideal for me...
I am a MBA student and the way you guys are explaining the complex macroeconomics concepts in simple manner is just amazing. Keep up the good work. Eagerly waiting for part 2.
ya this information is good
@@harshit97x yeah me abhi 12th me hu commerce side se aur mujhe ye sab macroeconomics ke terms samajh aate hai science Wale aise video dekh bhi like ye sab kya hai
Bhai aap mba se phele kya kiya the m.com yaa b.com yaa science student hoo
@@prof.saksham2165 sir student student hota hai fir app bhi student ho aur ham bhi student hai. You keep on learning unless you die . By the way I am bcom student
@@chaitanyamodak3652 aree yaar mai puch raha mere ko bhi mba kerna hai per thoda confusion hai mai commerce student hu
Thanks!
thank you for your support
We definitely want a more detailed part 2. You guys are awesome. I watch most of your videos and then share them as well because it makes sense! Thanks for this amazing video. God Bless!
What solution they propose??
Their work is just to pick topics from various fields and make a engaging video. They have no intention to work on solutions. I bet if thier view count decreases they will switch to another job.
पीएम मोदी ने बताया रुपये की कीमत क्यों घट रही है? | #hindinews.#rupee.
th-cam.com/video/obfsXRewFGo/w-d-xo.html
🙏🙏🙏🙏🙏
00:39 - Who Decides The Rate?
01:31 - Demand and Supply
02:21 - Role of RBI
04:56 - Reason for Depreciation
06:08 - Solutions Part 1
Appreciated your Effort
th-cam.com/video/27A--TIuE8M/w-d-xo.html
the more people investment in us stock market the more rupee fall ..
Give the lyrics of the song between eminem and snoop dog, it's been 6 days since released, you'll get Thousands of likes.
Thank you bhaiya
Thanks! Love your work! 🥰
Thank you! 😊
The price of everything has doubled in the last 10 years. Inflation is really bothering the common people.
Abe inflation badha to gdp bhi to badhi ...tum socho ge ki 2011 wala rate abhi mile to kese hoga bhai ..video dekh ke to kuchh sikhlo
@@VarunKumar-jv4xt bro look at the rate at which prices are increasing in these years
India is falling in every possible index in the world
Whether it be hunger index
Inequality index
Quality of life index etc...
It is not just after covid
But before covid too it was so
The government is doing a very bad job.
It is just a myth to say that modi government is good
But in reality it is worst then ever.
And what is the comparison that we are comparing bangladesh with India????
Like wtf dude Bangladesh is such a small country and still...
Moreover even Bangladesh has surpassed India in terms of gdp percentage growth!!!!!
Just imagine.
Ofc 2011 vala rate abhi nhi milega
But iska mtlb ye nhi ki 2 X prices ho jayegi
Asa kbse hota hai???
Agr asa karna tah to at least average income to increase hoti logo ki
But vasa to hai nhi
Sirf amiro ki income increase ho rhi hai
And so did the income it will happen you would have got a salary of 1000 rupees in the 80's but not today
@@sumitsingh2349 income has not increased in accordance with the annual inflation rate. After Covid, many people have been forced into poverty again.
@@VarunKumar-jv4xt जीडीपी इसलिए बड़ी है क्योंकि जनता का शोषण बड़ा है जीएसटी दुगना लिया जा रहा है पेट्रोल के दाम आसमान छू गए हैं
और उस हिसाब से नहीं बढ़ी है जिस हिसाब से बढ़नी चाहिए
वैसे मोदी सरकार ने चुनाव में 100 लाख करोड शिक्षा में खर्च करने की घोषणा की थी परंतु हर कोचिंग में जीएसटी लिया जा रहा है 😂 और शिक्षा पर खर्चा जीरो किया है केवल व्हाट्सएप यूनिवर्सिटी में खर्चा हो रहा है
I want chapter 2 ❤️
yes
More videos on how to improve the economic conditions of India
Literally being a commerce student I love you channel 😍😍😍
my surname is also Dubey
@@Lemonade6969 but religion hindu♥️
India will be rich After BJP Modi dead
I have always been so confused on to exactly how the currency changes in compare to dollar and why dollar dominates so much to the world. You guys have explained it in so easy way. I really appreciate your work and I want to know more about the import and export ratio of India currently. Eagerly waiting for 2nd part of the video. Appreciated your work.
Watch Dhru Rathis videos on the same topic ur doubts ll clear.
TIME STAMP
00:39 - Who Decides The Rate?
01:31 - Demand and Supply
02:21 - Role of RBI
04:56 - Reason for Depreciation
06:08 - Solutions Part 1
Yee kya hai isse achaa puri video dekhlo
Most useful comment for those who never see description 😂
@@lalitkishorsahu396 apne khud dekha??
पीएम मोदी ने बताया रुपये की कीमत क्यों घट रही है? | #hindinews.#rupee.
th-cam.com/video/obfsXRewFGo/w-d-xo.html
thanks
Indeed we want part2
Let us know how a common man can contribute and strengthen the rupee!
Small steps counts right.
By boycotting foreign goods, foreign goods ka demand kam kardo kaam ban jaega.
come out of common man psyche...Aim to become uncommon and lead....create jobs and contribute to making products and services for the world at their acceptable standards.
@@chiraggala1984 Cant take risk bro everyone wants stable life this mentality hurts
@@Zeus-fe3we No risk = No returns, this is a global investment rule, India and you are no different, only the scale varies either at individual level or at national level. Stop dreaming for a better future then, learn to live under India's limitations if you cant make a difference. You have to get into war field and fight to protect your kingdom or perish!
Having lived in western nation for 10 years now, I have not seen any westerners taking afternoon naps or seen their households having a nap culture. But as I said earlier, millions of Indians love their afternoon naps... that would serve everyone well in India and of course comes risk free! 😀
No personal offence mate but just a ground reality.
Topple the current government
Being a student of Economics myself, I liked the way you presented difficult n complex concepts in a simplified manner...Good luck..
I am a Student who is studying from Bombay Stock exchange , final year , really nice explanation towards the power of rupee . Keep up the good work , also please motivate students and today’s generation regarding stock markets and investment for future
Hello I'm also interested in these degree will you please elaborate it..
I am so much impressed by your content. Because of you my interest is developed in economics I'm in class 12th and now i came to know how vast the things are. We are only make views on things, don't understand the reasons and concept behind it. You guys are amazing. Want part 2 and more informative videos 👍❤️
Its so good that you are so young and yet have understood about not forming an opinion without thinking and understanding it through. Kudos to you young mate!
3:50 option 3 is best 👌🤩🤑
To strengthen rupee following steps need to be taken:
a. Increase import duty on non essential commodities which have domestic alternatives to promote domestic manufacturers
b. Reduce export duty on domestic goods and services
c. Reduce import duty on essential raw materials for domestic products to make domestic products more competitive
d. Promote EV and Renewables to reduce dependency on Crude oil and imported Coal
e. Promote foreign investment to setup plants of foreign manufacturers by giving tax incentives like PLI schemes
f. Reduce GST on goods which are manufactured locally
Absolutely loved this comment. But I wonder how WTO would react to this, since India was already facing pressure to remove subsidies to its farmers and nonetheless WTO is like best for the west. But by all means RBI needs to protect the forex reserves it has and it’s the people who can help them.
If in the next day India’s economy become more self reliant and people start using Indian manufactured products, that is where exactly WTO and the west will bow down to India. One central bank might not have the power to do that but definitely 1.4 billion people have the power to do it.
@@vatsalmaheshwari7884 Obviously there will be challenges in implementing these policies but this is exactly what US, China have been doing in the past to strengthen their economy
@@pksingh3232 another aspect I would consider is that the appreciation that USD has taken right now is a short term appreciation, I believe, which is basically a bubble with all time peaks with currencies, and the cause of it is the all time high inflation. Since the inflation is high they are increasing the interest rates which is attracting foreign investments causing capital inflows. These capital inflows are not accompanied by strong capital control policies, so I personally feel that the recession will hit US the similar way it hit East Asian countries in 1997-98. And when it hits the currency will drop. Additionally, since US is a global leader the effect will be contagious and which could lead world into global crisis. What do you say?
@@vatsalmaheshwari7884 There is already an ongoing slowdown in USA due to high inflation primarily due to high liquidity but fundamentals of US economy is still strong because their exports will still grow which will cushion the economic slowdown, moreover a strong USD is not good for US exports. The 2008 recession was primarily due to huge NPAs in the US Banking system , the current issue is not of NPAs so I feel in the next 3 months US economy will start recovering, you should see high capital inflows into Indian economy because we are still doing comparatively better than US , UK as far as inflation is concerned. I feel the USD has already risen a lot and now its time for it to correct to 75 levels soon
Your suggestions are good and easily implementable. Despite intelligent officers and advisors govt still not taking such steps. Why? Afterall people in govt know everything. They r not fools to not understand such simple things. Then whats the problem... The problem will not be found in any textbooks, media or anywhere.... Problem is rising domination of US UK and France multi national companies. They do lobbying and through bribes they manipulate our policies. This is real problem. All parties are together on this issue. If India does not obey them then India might face a real problem ie war. Kargil happened bcoz Vajpayee refused FDI in media and Insurance sector. So USA did kargill via Pakistan.
Solution -
1.Self made complex weapons.
2.Right to recall PM.
3. Jury System.
4. Referendum/TCP
5. Remove GST and bring Empty Land Tax.
6. Direct Royalty of all minerals mined to citizens and military account.
Bhai Kya samjhate ho....mast aur zabardast 👌👌
MBA finance student- and the way you guys taught the roles of RBI and demand, supply procedure is really great you guys are doing really great for the welfare and awareness in the society. This is what actually a couple goal should be like. You guys are 👍Great Abhi and Niyu.
Abhi bro you are literally so serious I've seen you in other people vlogs's bro just keep a smile whenever you meet them you are a great personality I've seen you deep in your thoughts even at public places sorry if am wrong but you are such an inspiration.😀 and i am eagerly waiting for Part-2.
Donno what a big deal 🤦♂️. Techies even knows more than this info and why u pop MBA ? Useless content and worthless people
Finance mein accounts related kya hai chapters bata sakte ho?
I am pursuing bcom(hons) about to enter 2nd year in August
Thinking of pursuing mba in the future
@@scintillatingconquistador28 you’ll have only one subject related to accounting and mostly for any university syllabus will be from basics of accounting to Financial cash flow statements(includes Journal,ledger,balance sheet,cash account&types,Depreciation,trial balance,p&l ac,Ratio Analysis,Cash flow statements)
@@scintillatingconquistador28 Financial Accounting and Corporate Accounting will be something not new but yes the advance level of accounting to understand how accounting works in practical manner.
Rest the Second Reply from RAVI in this comment is totally correct.
that talk 7:14 "where focus is neccesary "is realy true.
Being student of economics I must say the way you explained foreign trade, I have seen nobody explained with that simplicity and ease.. Definitely worth spending my time.. thank you
Eagerly waiting for part two. Thank you so much to you guys for explaining this in a simplified way! ❤️
Abhi and Niyu, make a video on Brahmos and HAL Tejas exports to Philippines and Vietnam. Our beloved PM Modi's words turned true, we are finally a military weapon exporter!
Soon we will be a top superpowered nation. On the contrary internal matters of India will never be solved but after all everyone sees the Title on a newspaper not the inner content.
World affairs pe dekh
@@kushaljaisiyaram Mein to Prashant sir ka fan hu. But since Abhi and Niyu are the youth icons, they should be discussing it too! Their subscriber base should also learn those facts.
@@chaudhariomkar1672 Yes, 3 trillion dollar economy already. We will surpass the 5 trillion mark in a few years. PM Modi's words are turning true day by day.
Philippines rejected Tejas, check defence matrix
Problems if rupee still going down
1. Hyper Inflation.
2. Everyone try to earn dollars
3. Poverty
Hmm.
Yess you said correct. Therefore india needs to increase export and india needs more foreign investors to setup their company to india or india needs to more focus on made in india initiative..
@@KrishnaSharma-mc7gc yes but ..first reduced crude oil usage....which major driving force for this import gap
@@raul9403 this not possible at this time it will take time to reduce fuel consumptions.
@@KrishnaSharma-mc7gc export is increasing ..but it will take time to reach a level ... recently $400 billion export target was achieve....but here main problem is our oilconsumption has increased more than 50%...
U consider crude oil or , palm , soya oil...
This consumption by public needs to be controlled...use of public transport, use electric vehicles...public needs to understand and help in this situation....this 2 things can be easily done by public...invest in domestic holidays...instead of going to Maldives ...go to lakshadweep or Andaman Nicobar....it's high time public chalta hai waala attitude should go and help in building nation...
We are selling rupees to buy dollars in all these scenarion... Indian public easily overcome this .. atleast for 6 months...once war is stopped... recession fear comes down... investment will come back to india....in future semiconductor plants, textile hub, defence export everything will contribute...piyush goyal is doing work....
I am right now a kid and knowledge of these things is actually quite fascinating and you should have talked about WTO how india can't sell rare plantation to foreign in over priced prices cause WTO sets the prices that would make people more knowledgeable that why can't we earn money by selling rare things from india and love your videos :D
Age ?
Yes u r correct. I guess thats why countries like India are in talks for a new Organization
@@Aryan_IITD 14
@Rupendra Sharma 14
@@Samischilling 14 is not kid i am 15 😂
This video was amazing. And was full of economics.
You both should be appreciated for your tremendous work. You are absolutely right that nowadays most youths are busy making reels. We do something productive instead of wasting time by watching primetime news and hearing bollywood news.
Hats off to both of you for explaining the complex topics in an easy way.
I got to learn a lot from this video.
This channel is literally a gem found for me.
1.think school 2.the sham Sharma show also good
@@hazy169 Think school as well 👍
One major factor you might have missed is the interest rate parity. Let's say risk free rate of return (consider FD/Govt bond) in India is 6% and 2% in the USA. In that case you may take the advantage of the arbitrage available and try to invest in rupees and convert to usd after one year. But remember there is no free lunch and the market forces with compensate this interest rate differential with the currency exchange rate. So ceteris paribus, rupee will go on devaluing against USD as long as there is interest rate differential.
4:15 you guys aree just lit😂🙌
Hi Abhi and Niyu,
Great video as always...
India is buying large chunk of gold every year and people are bulking it up ... without bringing it out into the economy
It is one of the reason for rupee depreciation where we are buying gold in dollars and it is not being invested anywhere w.r.t our country development
Yes, it is a tough time which we are facing, being an international marketer and market researcher in South Korean embassy. I will suggest every one to trust the own country's product and start consuming it more than imported once because for daily necessary india is a well sufficient as per now. It will help us to be more efficient and powerful.
Gajab Samjate ho yar.........Great...........
👍
Thanks for sharing these complicated economy concepts in the simplest manner 👏👏
As usual you both are masters in simplying things and explaining but with use of memes n videos u made it 10x times awesome. Thank you for doing what you do ❤️❤️❤️❤️
In which semester u r now??
@@pabitrakumarpanda4995 Nikal be 🤣🤣🤣🤣
Simplying ?? Lmao ( specifying that i am being sarcastic here , just for @Cosmos )
@@anurag02075 Why some people like you feel good to degrade others
You could've said "The spelling should be *simplifying* otherwise your comment was great"
She might have been knowing the spelling but she may have forgotten about it or something else.
These small things matter in life bro. Change your way of presenting yourself and people will start loving you.
@@cosmos0707 look at yourself bro , Being all karen ,not understanding sarcasm . Or maybe people should specify that they are being sarcastic . Or maybe you are saying all this because the one who commented is a GIRL 😏 , i dont know the reason , but you are being to soft for a simple comment , wonder how will you deal with real racism or any discrimination .
Yes, we definitely want to know that what can we do to bring the value of rupee up, so please, start working on the part 2 of this video🙏🏻
bahut badiya bhiya didi. thankyou for this. waiting for part 2
I'm one of the covid batch student of share market, and I was unable to constantly understand the effect falling rupee had on market, this video helped me understanding a few articles I read and I guess part 2 will help me even more.
7:32 Kya line hai👏👏
6:00 ❤️ yes
Yess pls make part 2
Thanks for explaining such complex economical topics . Crystal clear clarity ❤️❤️
Being an economics student I just wanna say this is really awesome. The way you both explained the mechanism is really good.
The way you guys bring up important topics and explain it in simple manner is awesome. Keep up the good work👍
Need regular videos like this.
As I am student we know little bit.... That's why we need a complete video about medical stability, medical situation, NEET exam, people doctor ratio etc... Please dada and didi please do it 🥺 ... Because I'm medical aspirant, I'm not enough good in English but I try to convince you ... And a special thanks to both you to describe us India's important topics and we need second part of this video.....
Really great video! Personal level contribution one can do:
- stop or decrease buying of production which are not ‘Made in India’ for few months, give more preferences to Indian companies as even manufacturing & selling in India, but, if company is not Indian, mostly Rupee profit would go out as dollar
- buy much local products
- keep surroundings clean & tidy so tourism can increase
- save petrol/gas as much it can be possible
Great !!💪
I proudly bought smartphones & EV made by Indian companies in India.
पीएम मोदी ने बताया रुपये की कीमत क्यों घट रही है? | #hindinews.#rupee.
th-cam.com/video/obfsXRewFGo/w-d-xo.html
India must improve exports.
Time to develop rural economy.
Time to develop new cities.
4 metro cities not enough.
Bhai yar dekho
North East mei koi cities nhi hai acchi
Odisha mei bhi bekar cities hai
Only Maharashtra TN Gujarat are good states
In terms of city development
@@31davidwarner sahi me sirf kutch gine chune hi shahar hai. Ese bhout sare shahar hai jinko badawa milna chaiye. Like MP ka indore, bhopal, gwlior ( aabhi bhi gao ki feel aati hai even though bhout bada shahar hai ), jabalpur, UP me kanpur laknow, bihar me patna, punjab me amritsar ludhania etc, chandighar, aor bhi bhout sare hai jinko bada karna chaiye
@@ojasaklecha exactly bro
No chance , they don't care about human welfare
Only care about religious warfare !
Not 4
But 6
Aren't you counting Bangalore and Hyderabad ?
We want part 2 of this vedio❤️❤️
Love the way you guys present every complicated topic in such an easy way ❤👍🏻👍🏻 . Keep going 👏👏👏👏👏👏
7:05 is the main villain of india
Yes
Make Indians to love India and make people to live in India that's all respect us which will make others respect us.
End of problems
Reduce Population in a controlled manner.
Very simple & clear... Good job guys
6:05 please make video part 2 please 🙏🙏
How can we make Indian Rupees stronger? Can you elaborate it further please ?
Thank You Abhi bhai ,Niyati didi ❤️
If we reduce our imports...main reason is oil and then gold...this are major pain for government ...
@@raul9403 to reduce imports ,we need to obtain those commodities in India itself,if possible
@@harshalbatravlogs1378 for crude oil it's not possible...but yes for edible oils we can surely do it...
For crude oil thing we require an alternate energy source...either hydrogen fuel or Ev...i strongly feel hydrogen fuel would be next big thing...
Nitin gadkari is already running test on toyota car working on hydrogen fuel cell...next 5 years things are looking good atleast in case of alternate energy and export....hope for the best 🤞 I really want to see india as self reliance and powerful country....
The comparison of demand and supply to sabji wala is just awesome way to simplify the difficult terms in simple language. Which really helps everyone to understand the difficult terms...
Yes please make part 2 Also your videos are always helpful and also tell us about the currency war and all that between US and India
In Punjab and Gujarat thousands of students go to abroad. Average cost of 1 student is 25lac rupees which might affect on rupees.
After 5 years of my continuous struggle to understand world politics ...looks like I begin to understand ❤️
No bro you don't.
02:45 best teacher and extra curricular ex.😆
You guys are just amazing...waiting for part 2🥳
The explanation was so simplified, love your content! but we as common residents of India, what can we do to save the rupee?
May be not buying stuff that is imported from other countries.
Thank god you have made a video on this topic, from the last few weeks I was arguing with people about how the Rupee is the worst performing in Asia and they were like " That's not a problem we need to worry about ".
7:41 ❤️❤️❤️❤️
Last ka message jabardast tha,shukriya.
Both of you have explained this complex and yet, an important topic in such a simple manner such that everyone can understand it👌👌👏👏Keep it up👏👏👍
Basically current account deficit is one of the biggest problems which is increasing day by day i appreciate government as increased import duties on gold and also increase windfall tax on oil companies still we need to increase our exports on several commodities and also government should increase foreign exchange reserve to maintain balance
yes it helped me to see the topic of economics in a different way and easy to understand.....will be waiting for the part 2 video....keep it up guys ✌️
ખૂબ સરસ સમજાવ્યું તમે બન્ને જોડીદારો એ. સરળ અને સીધું. ખૂબ ખૂબ આભાર.
The next video on the topic: If Indian army have it's aircrafts then what is the need of Indian air force?
The way we can control rupee to dollar ratio is by boycotting foreign brands like Macdonald, levise,jbl etc, instead buy indian products which will help our companies grow and later bring foreign money to india......
🤣😂
LoL, be realistic, you are commenting this from a Chinese phone, do we have a alternative?
Bhai mere humans ko show off krna pasand hai...1000 mai se 1 log hi boycott krenge...iske liye ek acha marketing team chahiye jo apna brand value badha ske...agar indian celebrities made in India products ko promote kre to ye possible hai...but mind you uss product ki quality sahi honi chahiye ya average ho...warna yaad hai na fauji game jisko akshay ne promote kiya kya haal hua...kitna hype mila lekin game tatti hone ke karan logo ne negative reviews dena suru kr diya
Paradise biryani tata jaise ache ache brands ki hame jaruri hai jo indian climate mai achi trah suit v krti hai
4:34 the MEME hit differentlly 😂
Love you both💓😘
Just before we were discussing this topic and I dont have that much knowledge on these topics and I wanted to know about our economy and thought to check it on socail media ...... Later I saw this video of explaining it..... Thank u guys ,u guys are best in explaining any big topics
And yeah we want part 2 of this😊
Watch vedio class 11 economics
@@kiki-mw2ko OK thanks 😊
Eagerly waiting for part-2. Plz include actual actionable steps a common person can do to help with Rupee appreciation.
Thank You!
Hare Krishna
I'm thankful that you guys are exuding positivity in this chaotic environment
Yes please make part 2 its very interesting 😍😍
Excellent explanation.... This video may hurt few people's thought process, those with coloured glasses. But undoubtedly we all need to change our focus.
I am an IT guy, pretty well versed with economic knowledge, whenever I used to tell people about all of this info, as in why dollars hike, why Indian rupee depreciate, why RBI can't produce money to clear all its debts people thought of me as a fool who's just blabbering without facts, but here you go!. You guys explained everything in a lay man language, simplified the most complex of all topics (economics). May this vid reach to each corner of this country and people could focus on makin our country stronger economy it deserves to be ❤️
I believe levying export duty on steel, and removal of import duty on iron ore, has impacted the dollar rupee exchange rate in a big way..
So whats the solution
This video is very helpfull for why is rupees falling .
Make the part two
Yes It was worth watching.
But We would also like to know why the Price of LPG rise from Rs.430 ( 2014) to Rs 1050 ( current price) and what contribution can we make to lower the price from present rate.
Thank you.
Modi
In 2014 only subsidized cylinder was of RS 430..normal cylinder was still 900rs
First thing overall international rates are hiked then how can gov pay from their poket just so that we guys get gas ,as u know we dont produce gas it’s imported so globally prises are hiking modi gov is doing great job but indirectly we are going to face issues as gov wont pay from their pocket to make availability of gas for us
@@danielshalu2550 because of modi the price is 1000 rupees, before 2014 the price was 900 rupees the government only provided subsidies because of which common people got it near 400 ruppees.
Don't forget the real price of the subsidies since 2004 the price without subsidies was 284 and within 10 year till 2014 it became 900 ruppees without subsidies. Meanwhile since 2014 to 2022 it is only 1200 ruppees
@@bhushan4966 bro I think ur living in some other world... better check the numbers 😀
We would really love to know what we can do to make Indian Rupee stronger, Hence we want a part 2 🙂
Steps that India can take
1. Give more interest in Govt Sec as a result FPI will not go away
2. Put cess tax on Gold as its import hurting us
3. Put windfall tax on Crude oil so that one company wouldn't get profit from highly increasing price of oil
4. Increase heredity tax and wealth tax to decrease CAD
5. Self Reliance on imports
6. Investment in EVs and Renewable Energy
Continue if you have any.....
Although I didn't understand anything but video looks much interesting. Thank you guys
Nowadays I feel it has become my necessity to see your videos.
Better than any news channel you give the best content at a very appropriate time and explain each point very well.
Even a child can understand a video of yours.
Very much proud of my country for having some responsible citizens like you.
Keep growing.
As an international and domestic tour operator we are greatly affected due to pandemic as foreign guests stopped coming into India and due to weak INR international tours became very expensive. If we can stabilize INR to around 60 to 1 USD then petroleum and all international tours wud be affordable
Adios from Blue Spice Holidays.
But these videos are BJP propaganda....so you don't expect any real facts here...
@@whatishap So what fake fact was there in this video?
Please make 2nd part...I have US visa interview on July 14th....and will be leaving for USA soon.... this info will be very essential for me 🙏
Texas or Californina?
those are the only places Indians go in usa 😂
or maybe somewhere else
Lucky bro , i wanna leave this country as soon as possible myself
@@karankapoor2701 I wish for your wishes to come true
@@Lemonade6969 Miami, Florida bruh.....my school is near Miami at West Palm Beach
@@harshhingorani6361 bhai vaha crocodile 🐊 se bach ke rehna😂
Good thanks Abhi and Niyu
Even if the RBI lends to others with a good background, the value of your rupee may rise. Because people like Vijay Mallya run away with loans. This is one of the main reasons why the rupee is depreciating ...
bro rbi does not lend money to people they lend to banks and then bank lends the money to people
RBI doesn't lend money to individuals or corporations.... Banks lend money to people and RBI regulates banks.
I think that India should reduce the export charges so that the foreign businessmen make up their mind to import from India and further develop and promote tourist places.
Then in Indian market prices will go up due to shortage ,just like petrolium product , fuel station are empty because companies are exporting to other countries for profit , balance is very important
Please make a video that how economy of U.S.A works ...and does they face any such situations as our country faces ... If yes then, how thier government handle all the economy based problems 🙂
I can tell you privatization!! We need that damn thing
Please make a video on the steps which should be taken to make rupee stronger
YOU SHOULD MAKE VIDEO ON INDIAN STUDENTS WHO ARE GOING TO ABROAD FOR MBBS , HOW THEY ARE PERFORMING IN INDIA , ARE FOREIGN GRADUATE OF INDIAN CITIZENS ARE EQUIVALENT TO MBBS STUDENTS WHO GRADUATED FROM INDIA ?
8 July 20:30 remainder set. Bina dekhe like bhi kar diya. Beause I know you will provide good information.
Doller is getting stronger is also a reason for fall in Rs.
Waiting for part 2..it's been too long..Make it part 2 jaldi se jaldi..
Now it is over 82.8
Now 83.29
@@rudragamara7777 83.59 ho gaya hai bhai 😢😅