Raghuram Rajan: Ten years of ‘Modinomics’ has a mixed legacy | The Conversation | BBC News India
ฝัง
- เผยแพร่เมื่อ 21 มี.ค. 2024
- As India gets ready to vote, Dr Raghuram Rajan, former governor of India’s central bank spoke exclusively to the BBC’s India Business Correspondent Nikhil Inamdar on a range of issues, from 10 years of ‘Modinomics’, to the credibility of India’s economic data, and the rise of industrial concentration in the country.
Camera: Saraskanth TK, Vishnu Vardhan
Editor: Vishnu Vardhan
#economics #indianeconomy #raghuramrajan
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Unemployment is serious issue, for us, most populated country in the world.
yes but BBC telling madras as cradle of civilization in south is becasue they provided employment first in madras for prostitutes and then in heeramandi ( surat ) - now a movie. They will never say Mysore which gave them employment.
@@isilakarnata thats an odd thing to focus on
@@tharalpius778 history is heuristic which economics cannot neglect. english itself is formed by west germanic language group. every cambridge and stanford will select marx as thinker of millennium. they know history. their economics does. they then mix thatcher and friedman and prepare a liberal recipe accepted by monarchy. during wars they let an indian on chair.
ours does not. hence its spent on ..... well British defined history, borders, alliances , elections and neoliberal theories. what can rajan do when nirmala can have a husband who talks exactly opposite and they both earn!
@vipinswammy-dn4jy unemployment was not a huge issue till 90s as population was less. Overpopulation not questioned in supreme court at all is astonishing. based on population if some community / geography gets listed and regulated i am all for it.
manmohan's greatest love was not economics but densely populated north india , or he was old and thankful that he got lot of biharis to work in punjab. such celebrated capitalistic antics will always develop a deficit, always-hungry nationalistic budget / finicky microeconomics whatever strategy you devise. otoh south of vindhyas which had always protected environment is now feeding a outgrown dangerous geography because we have agreed upon for such economic policies!
Population is the real issue...No Govt can keep creating jobs indefinitely
BBC, hard to swallow the fact.
The 'fact' that Rajan is correct?? Come up with some evidence or proof that he's wrong! Sigh.
What's the fact then??
May be its you who live in denial.
Just look at the data bro. He is directly quoting data.
@@grapeshott not interested in his opinion who for the last 10 years again and again predicted E. Crisis and downfall of India and his argument to “level playing field for domestic & foreign players” is foolish in itself along with many of his theories so, still looking for common sense in his words but looks more like “Western propaganda machine”
Forget everything, we failed as people.
Is this the latest fad, a meaningless meme ?
So, as US is the bigger economy, they're a bigger failure than ?
BBC making a last ditch effort before elections 😂😂
bro hahahahhhahahahah so true
So true, their hatred for right wing feels so DEEEEEEPPP
@@SG-vh3ti its basically run by muslim editors now so u get it
Sir, both bogus broadcasting Corporation and bogus RR are anti india forces?! 😮😅
they are making it for us brother take ur family and vote 42% se upar milna chaie is bar
The uk population relative to India was the same 10 or 15 years ago. !! Keep changing the goal posts. Too much democracy in India and praising china for autocracy and in the same breath modi is accused of autocratic behavior. You just can’t win against this guy !
Bullshit
You're talking utter nonsense, you clearly haven't studied Indian census data which shows that India's population doubled TWICE in the space of half a century!!!! And that's before we get to the inconvenient fact that Modi has purposely put off having another census because he doesn't want the figures to show his government's failures!
@@geethagangadhar8733RR supports Chinese economic growth which is due to fact there is authoritarian goverment but doesn't like autocracy in India 😂😂
@@KuchBhi-xs5oeHe says indian economy will become 4th largest in terms of GDP in next 5 years... but we will be a poor country.. wealth is so much concentrated.. so use democracy for improving the GDP share (wealth) of middle and lower income groups to call it a real developed nation..
China started authoritarianism long back when they were like India in economic terms and it worked well.. He opined that to follow authoritarianism now is bad for our country as wealth will be further concentrated and India will be called a poor nation even if it will surpass Japan and will become 4th largest in terms of GDP.
@@vinaykumar-gd1epthe misunderstanding and offence taking by some commenters here is too painfully obvious to miss. Thanks for the summary, not that many here care but it’s helpful.
The economist of 10% inflation is questioning the performance of economists of 8% growth
Growth rate ( 8 percentage)is q3 only not for whole year still average growth is 6 to 7 percentage only
Don't rely on WhatsApp University posts
@manigonuguntla2890 You have shown your stupidity, you have not seen the q1, and q2 GDP data of the financial year 2023-24. If you have any integrity please go find the data. This is your homework.
Otherwise you have already shown your WhatsApp University knowledge.
fake degree holders and their supporters are crying.
10% inflation, Who?
Simply Google if you want to know the truth!
Your boss, whoever that is, is lying to you
@@manigonuguntla2890 8+ growth in 3 quarters means easy 7.6+ annual growth and that too during a global slowdown, you must be relying on whatsapp data because I'm relying on IMF and world bank reports, accept it Rajan is a fool who is too salty he got replaced by a better governor.
financial and resource inequality is the major challenge in India. no equal opportunity for poor, middle class against rich and powerful😊
His political biasness eclipses his intellect...
Your biases has clouded your intellect.
@@RockstarRSTR Not really. Raghuram is biased AF. One has to be a special moron to not see that.
A Michael D Kunna that day
A Chandrchud today
It was because of Kunna who never succumbed to the huge bribes from Dictator called Jayalalitha
He stood clear on principles and ethical values in life
kUNNA Stood by this principles finally overthrewin a cruel political queen named Jaya; Crumbling of Dictators fort called ADMK which amazed over Rs100 lakh crores unaaccounted wealth
Justice D'Cunha: A no-nonsense judge who convicted Jayalalithaa, Sasikala in 2014
the week
By Prathima Nandakumar | February 15, 2017
But we the people sang all praises for that most brutal political queen as Mary Theresa and received all political favours from her MLA…Sad shameless tamilian who allowed dirty political queen ruin TAMILANDU
Today, Modi is the brutal tyrant who incites the bigotry of Sanatnam rss
Is this the job of a seventy-year-old man who claims himself as recarnation of RAM ?
the wire 27/SEP/2023
80% of Anti-Muslim Hate Speech in 2023 Was Delivered in BJP-Ruled States: Report
A third of such hate speech gatherings - 33% - explicitly called for violence against Muslims and 12% had a call to arms, the Hindutva Watch's report found.
8But day when Modi decided to remove Chandrachud from Election Committee, the trouble starts for the Modi the Dictator
Let's wait and see if there is another Kunna called Chandrchood for the grieving Indians from the most dangerous dictator
or
if Honourable Chandrchood is going to be silent after the hot election.
Three serious at the time of Election
Leading Party leaders under arrest
Leading Party funds frozen - Congress, Etc
Imbalanced Electoral Fund Distribution- PM Cares fund and Electoral Bond and direct donations must have crossed atleast Rs.50,000 crore Vs hardly few hundred crores asset for other contending parties
Will Chandrchud be another MICHAEL D KUNNA
First try to reach Dr. Rajan's level before your use difficult words like "bias"...Don't tax yourself too much!
Are you a nonsense? He studied economics, what did you?
As a common man I don't have a political agenda, from a pure lense of economics, poverty, employment, businesses, debt we are doing poor...
"India growing 8%", Raghuram Rajan: "India just got lucky"
India growing 8% doesn't translate to higher PER CAPITA GDP, in that sense India is still a poor country, and India's infrastructure and development still lags WAY behind China's! They build high-speed rail in a timeframe that India can only dream of!!
@@SenorSolWhat's the point when most of the trains travel empty in China
@@SenorSol So much of stupidity packed into one small comment. That takes some really talent.
@@SenorSolIndia will remain a low income country for a long time. Its not shocking. What is important is that infrastructure gets built and that not something that can be done quickly. It takes time and a lot has been done in the last 10 yrs and a huge amount of work still needs to be done. But we have a chaiwala & team who are focussed and in another decades India will be able to pull more people out of poverty and create sustainable jobs.
@@srikantm3570 Do they? Where is your proof or evidence to back up that claim?? Provide links. You do realise that the facts don't care about your opinions, right?
Mr Rajan says developed countries became democracies late. That early govts used totalitarianism to build infrastructure. DID THIS HAPPEN IN INDIA, Mr Rajan? No.
These countries embraced capitalism. India was a socialist hellhole. Indira Gandhi was autocratic too, but socialist autocracy doesn't benefit.
What matters is capitalism, and we have only got started.
And if you think India should have had less democracy, then you should be okay with Modi being accused of being less democratic. So, India's path has only got started. We will become rich first, and then satisfy your criteria of democracy.
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
Excellent!
Correction: only certain people with government ties like Ambani and Adani will become rich, the rest of the population with flounder with middle incomes, increasing levels of personal debt, and a growing population that overtakes infrastructure and resources! It's already happening in many cities, Bangalore being just one example! It's a traffic-clogged hellhole running out of water and with extremely poor air quality! So there is that.
pure capitalism or sociialism exist just in books.everyone who suceeds takes a mixed approach.the mix ratio matters along with various factors like qualiity of leadership,quality of workforce etc and some luck
Indira wasn't autocratic except 21 month of emergency. socialism is must for a country where fedualism and caste system was deep rooted. Where people were poor and enducated.... There wasn't socialism in British India and Free economy prevailed...
Indira Gandhi regime wasn't a socialist shithole there was economic stability and many achievements made from Green revolution to nuclear bomb... There was controlled Capitalism which was slowly to be liberalised in 80s..
Raghuram rajan is advisor to TN and so he is in Chennai in developing a future economic model. For sure I can tell what TN achieved in Last 70 years systems, schemes etc. Which helped it to become economically top state along with socio economic development of all sections of society. His advice to TN government already started get riping as we see more new technology industries already started their production eg. ola ev scooters, Battery based technology, solar, wind energy etc.
We need more educated people like Mr Raghuram Rajan who is vocal about the government...
India has 1.5 billion people and 1 billion voters. Managing democracy, millions of opinions, diversity, several religions, several political parties, religion-based political parties, political corruption, religious corruption, and several languages, is challenging. 470 million have availed of MUDRA- Self-employment MSME loans, and 170 million, have availed of agricultural loans. 800 million people are being given free food daily. 10 years ago, India was an extremely poverty-ridden nation. Per capita income was below $1000. Now doubled to $ 2500. The pro-active judiciary, but 50 million cases have been pending with the judiciary for decades. Indians have the patience to wait for justice from the judiciary. These challenges prevent any economists from comparing India with China. India will slowly move ahead.
India will always be behind China, for many reasons, including their petty religious bickering, prioritising silly vanity projects over proper infrastructure development, and the lack of discipline and civic sense of the Indian people! India is a filthy country, China isn't.
If 800 million people are dependent on free food, you can judge the condition of economy and poverty.
Indians should marry only if they have sufficient money. Indians are doing great mistake of marrying and also producing more than one child when no jobs are available in India. PM Modi is not having any idea either to control population or high corruption in India evenafter 10 years in power in India.
India cannot become rich until it remove caste system.
@@pnthrillzNo, 800 million people aren't dependent on free food. The government is doing this to lure votes, just like free electricity, free water etc
A wonderful realistic insight into where our economy broadly stands.
BBC again campaigning for opposition again, BBC is trying their best😂😂.
Who's the "BCC"???? You muppet.
Abhay BBC not BCC! Lallu.
@@AHOXA_ Tu samaj gyaa na, bohut hea🤣🤣
He is directly quoting data where India is lacking. What are you bringing to the table?
@@grapeshott Unfortunately the commenter above doesn't realise that the facts don't care about his opinions!
Dr Raghuram Rajan saying 5% below means we have a negative growth adjusted to inflation is very hard hitting , truth we shall accept ..Even Economist like Prof Arun Kumar has already expressed concern of Growth as it’s negate -2-3 % as numbers don’t take informal economy is not accounted Supeb Dr Rajan
bbc and rajan what a combination, both are frustrated by their own....public se gali khate hain
It's funny how you attack him personally but don't actually challenge his points with any facts or evidence to prove him wrong.
@@SenorSol he's all talk no action. True piece of trash
@@SenorSol Commenting on every Indian's comment while living in UK. Get a life dude.
@@arunsar7893 I've got a life, a much wealthier and healthier one than you have, and I've just returned from a two-month work trip to India! I've seen all the rubbish on the streets and had to wear a pollution mask just to survive! Incredible India, eh? 🤣
@@SenorSol "I've got a life, a much wealthier and healthier one than you have" - I seriously doubt that.
india's per capita income was above UK before 2014.
Per Capita vs GDP: It's not just about the size of the economy, but how prosperity is shared among its people. What really matters for a nation's wellbeing?
that is why i am saying India's per capita was #1 before 2014.@@paulmorais476
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
@@paulmorais476it’s an sarcastic comment since bjp came in power in the year 2014
China per capita income is not higher then China is poor country 😂what a logic per capita income is relative to inflation Life style and population u cannot have per capita income of Switzerland in india and China
Both BBC and Raghurama Rajan are sour grapes.
Tum apna dekho bhai woh toh mast jee raha hai USA mein.
They are not as rotten as Modicomics
More like chaddi gang
Good to know that there are still people in our country to support Democracy. Yesterday, 1 USD = 83.43 INR.
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
@@nl9803 EPF amount doubled not bcs Employes employed in 2014 is different from 2024, u have to consider % value to get output, bcs population particularly employed population increases bcs of
Graduates increases, bcs of of that it is common but compared with percentages increased at that time far lower than now, bcs over Nos increasing bcs of Richer getting richer and inequalities increasing
At 4:00, what are they eluding to? Applauding China’s autocracy? Or British colonialism should have stayed?? I thought they were throwing allegations at Modinomics was without democracy??!! Absolute Hypocrisy
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
He has stated his opinion clearly. Countries with strong business background had an impetus towards business when they were not democratic, but now is the time for strong democracy. We never had a phase of rule for the welfare of our people when it was not democratic, which other developed countries of today did few centuries ago.
@@saravinds1992 You talking BS!! All so called western developed countries are made from looting & raping India!! To call them developed is a crime against humanity!!
❤empower citizen, i best like that ❤
Just a fact to bust hus bubble
Before modi
India was 11th largest economy behind the country where BBC's HQ is located
Now
India is 5th largest economy ahead of the country where BBC's HQ is located.
Soon
India will be 3rd largest and MILES AHEAD of the country where BBC's HQ is located..😊
You don't seem to understand PER CAPITA GDP, which is the real figure that counts. In that respect India is WAY behind the UK and other European countries, and of course it's not nearly as developed!
India was #1 in per capita before 2014.@@SenorSol
Per Capita vs GDP: It's not just about the size of the economy, but how prosperity is shared among its people. What really matters for a nation's wellbeing?
@@SenorSol So as per you Hong kong, Monaco, qatar , singapore are better and have more influence than USA and UK as these countries have higher per capita than both..i understand gdp per capita better than you will ever come close to...
As UK Pound and USD are reserve currencies as a result of economic structures designed post WW2 it will not be possible to have a per capita higher than USA or UK without fighting a WW3 and changing the current world order however PPP wise we are not that bad in per capita..$7000 which will rise to $20000 in 10 to 15 yrs which is sufficient...INFLUENCE is calculated in total terms and not per capita terms..😇
@@imakesense4456 Hong Kong, Monaco, Qatar, and Singapore are far more developed than India, and will remain so for decades to come. Nothing happens quickly or efficiently in India, it's not in your culture, but do you understand that better than me?
Here's a tip; you shouldn't believe all the guff that Modi and the BJP tell you. What they'd like for India and what is the reality are two different things. Indians are in love with the concept of being developed like European countries but in reality you can't be because of the endemic corruption which is cultural, the complete lack of civic responsibility by most Indians, lack of discipline, lack of order and cleanliness, the immense (and growing population) and of course the distraction of petty religious bickering and overly superstitious nonsense that permeates Indian society!
Modi ji is not right for PM candidate once again as he is a failed PM. Nowadays , Public are blaming our systems like Banking(e.gSBI),EC, ED, IT, CBI etc , But there is not even a small stain on ruling BJP , this is true color of ruling BJP. Most of our public sector companies were sold/leased to BJP friends .Most of the financial criminals under BJP roof.. BJP has started emotional blackmail again rather than resolving country's burning issues like unemployment, price raises, hunger index etc.. Most corrupted and Cold scams BJP should go home in this parliament elections.
Please list out those Public sector companies. Being a Modi supporter I am cursing Modi for not doing enough on privatization.
Modi's whole idea has been to support the public sector and he has not sold off even the sick ones except the ruined and unsustainable airline.
Yes you said it Sir...
Earlier some chota neta used be chor but now that the fraudster is in the top position and looting systematically through electoral bond. Modi is a fraudster.
U Congress guy can you list out the companies sold by Modi? Modi has added more money to the Indian than anyone else
If contradiction had a definition , that would better be this interview of Raghuram Rajan.
India is democracy cannot be compared to dictetorship development. Indian judicial system is democratic. Public interest is utmost.
Whatever his leanings.. He speaks the real truth.. Like the real growth/gdp/real income
I am a BJP voter but I agree with Rajan's points in this interview. All his points are 100% valid.
If you know that, then why do you still plan to vote for the BJP? Yeah, I get that the opposition isn't perfect either, but the BJP has undoubtedly been a regressive force for our country.
Blindsided by BJP and its failed economic policies.
The continuation of government can only be challenged by great opposition coalition by standing firm on strong objectives
Thankyou BBC for this Interview! Please make this for more than 90 minutes, please!
The great man Indian
Before Modi came in power India's per capita GDP was 40k usd now its only 2.8k USD.
Wow 😂
Where did you get this data sir, US per capita was 55k usd in 2014. India was 1400 usd
@@nvr926 This Data is according to Congress followers who think India was better before 2014 .
If there was a Papu economist.. bbc got him
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
If there was an andhbhakt interested to shit in comments section, that would be you!!!
Do want govt bhakt economists
Watch a Godi media channel bro
U r not used to watching free channels
@@srinivasrao369 2. Since Independence, we had J&K where common people used to earn daily money of Rs. 500 per head mostly using stone pelting for a particular group. At times bomb few locations to earn more money. So they believed it to be the ideal life forever. But then 2019 article 370 abrogated caused many changes slowly n steadily. This change was a magic for stone pelters. Today in 2024, the scene is that J&K people started talking that there is a world where people live peacefully n happily without hurting others. It is not only J&K had such head aches, but also many states even today having it. Example, DMK n ADMK for vote capture started giving freebies to common people started by Karunanidhi in 1969. Our people are happy to get the freebies n living as if happy. Once freebies are abolished n development starts, sure the same freebies expecting people will see real heaven on earth in TN. Who is capable of delivering real heaven is for individual though process.
Chaddi spotted
Its always good to listen mr rajan
He looks confused,
One side he say buttet train is late as decision making is slow, on other side he say make decentralisation of decision
A delightful conversation, India needs to embrace his thoughts to flourish more.
He was a complete faliure during his tenure. people like him can only speak at stages when it comes to deliver they always fail.
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
Dr Raghuram Rajan is great economist. Whatever he said turned out to be true. Indian rupee fallen down drastically in the last 10 years and as a result we have to pay 20% more in importing.
Dr Manmohan Singh great economist former Prime Minister could do well balancing capitalist economy and developed poors as well that is missing in B.J.P led government.There is no modinomics because he didn't know anything in economics but knows only two corporate sector development and B.J.P party economics development and thinks that it is Indias development sacrificing people of India.
the modi government has accelerated poverty elevation only second to china , the process of getting social security directly to recipients has helped as well , you can argue that you want more done , but dont show yourself to be stupid if you have no clue about economics
Well. He launched several welfare schemes like Jan Dhan, Mudra, Swach Bharat, etc. These win voters trust more than economic growth.
@@killa1234560 Economics of the country now it is corporate economy no development for poors and peasants poverty eradication bringing poors above poverty line not done properly except housing scheme people per capita income is 120 rank in global list.thank you for your reply.
@@killa1234560 Economics of the corporate sector development done not poverty eradication schemes except housing scheme people per capita income is at120 rank in global list.thank you for your reply.
@@prakharchaudhary9797 Jan dhan yojana how many people got benifit only bank account rupay card issued how many people got rupay card insurance none but minimum balance not maintained telling this bank took at least Rs 100 from each account from crores of account.
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Informations shared are thoughtful..
BBC you are asking questions to the wrong person. He is just working as a cong spoke person. You do not need to take any of his words as a neutral
BBC kaun sa neutral hai....
BBC ko apne baap ka pata nahin aur na hi Rajan aur congress ko!!
No he is not. Stop lying
@@ashishrandive9417 Be happy....
@@rajendrajasathy4356 Thanks you too
This guy is contradicting himself….. he just supported dictatorship and preached its benefits and then goes on to say India is becoming little strict. 👏🏻
Hmm. I would like to mention here something .One of my colleague was one of the toppers of the university in graduation. When we were pursuing post graduation from Delhi School of Economics she got 60% marks which is a big thing considering strict marking is the tradition in departments of Delhi school. After teacher for 5 years in one of the prominent undergraduate colleges of University of Delhi. She did not get permanent positio.Because of the politics in the selection of candidates. Now she is forced to teach in a school. Forget about critically evaluating merit, where is the idea of merit traditional sense gone.
All his points are valid and we need to work on these issues. BJP doesn't care about the common citizen and their quality of life, education and healthcare. They don't have a plan to help solve the unemployment crisis. Congress does. So his opinions aren't biased rather he's being rational.
In the US,quote large companies during the last decades,all were large family run corporations.
Indian media has to seriously push back into UK political landscape. Maybe that will teach them hownit feels like middling in other democracies.
Great wisdom comes with great knowledge
Former RBI Governor Shri Raghuram Rajan ji 🙏 Dhanyavad Satyame Jayete Bharat Desh ⚖️ 🇮🇳 ⚖️ !
Why every BBC video on India start with some rare underdeveloped streets??
For propoganda ,,to demean india ,,to loot us ,, yes anti India news harm Indian growth
true these guys want to stereotype Indians like that and also they insult the religion in the first place
That is where more than 70% of people actually shopping
Coz 90% pf tht place is a sewer??
His all predictions gone wrong
EDUCATED AND HONEST INPUT
Sir you have to speak about how your contribution has improved the Tamil Nadu economy. We know you are one of the prominent advisors and part of the committee formed.
Raghuram Rajan - the RBI governor who kept inflation in double digits and bank NPAs highest ever in our history. The least he could do is to stay nuetral and not be a gandhi family employee.
If you have a positive IQ then you will see this Public Investment fueled growth is similar to early 2000s which lead to high inflation and don't forget the 2008 crash
@@adolft_official IQ is never negative. Judging by your DP you would not know that.
@@adolft_official 3 years we saw double digit inflation and single digit growth..
Also average inflation was more than 7%
I would like to ask Dr. Rajan, if not Adani and Ambani what alternative does he thinks will build the infrastructure for India. Does he thinks foreign investors will come in and build our roads bridges and ports & power plants like what we are seeing happening in Africa by China.
Absolutely correct sir😊
At one point he says India is democratic to soon on the second hand he says we should not only look into economic parameters, full of contradictions
He is Ok with Bajaj and Jindal (cause they were Congress MPs). Just not ok with Adani and Ambani.
Stop advocating for crony capitalism. His point stands very simple, if foreign players think that they have to do business with these people for complying with the government then they won’t come. If you don’t keep the playground fair, players aren’t going to come to play. If not Adani and Ambani, who else? We have a population of 140 crores, there are crores of youngsters hungry for opportunity. They will come in if you allow them
@@sridharavignesh4848 " They will come in if you allow them" - Youngsters will come in and build infra and setup hydrogen plants?
And he isn't advocating for crony capitalism. You are jumping to conclusions.
The key is external debt. UK the so called rich country has 8 trillion of debt. India has 600 billion debt but also 600 billion in cash so net debt zero. UK interest payments are 80 billion a month. Technically UK is bankrupt
My dear non-son-of-the-soil economist, fortunate, yes;But fortune favors the brave.
Mr Rajan wrecked the banking system in India
The new government had to improve the health of banking system by recapitalising of public sector banks, insolvency laws and merger of banks
The NPA’s during his time in PSB’s increased by 12.3% . The return on assets of PSB’s fell.from 0.97% to 0.5%
Evergreening took place and there was scams of many who got loans from the banks and did not repay and left India
Data well taken. However can you ever believe this govt data after the recent electoral bond fiasco? You are going by the public data. NPA‘s (gross and net) although have an objective basis (three month delinquency), the final consideration on the books is a subjective decision. With this autoritarian regime heading the PSB’s ,its anyones guess how the data is put out. UN, Worldbank data are thrown out and only indigenous data ( provided by home grown Niti Aayog) is given limelight. So while your reading on the Rajan‘s tenure data may be right, one cannot say the same about this regime since the data itself is cooked up (data integrity)to serve one's own interest. This is what happens with authoritarian regims, they give the impression of super clean by covering up every dirt under the carpet !
Raghuram Rajan has missed a simple point. RBI is bigger than Raghuram Rajan. India is bigger than RBI. Raghuram Rajan will never again get a position in BJP government.
BBC should use the sevices of Intellectual Rajan to improve UK's economy too and also Germany along with other EU nation.
Rajan is really a good economist apart from handling interviews about India.
Poor old you, the truth makes you defensive and deluded!
Can listen to Raghuram Rajan all day long....
Proud of Dr. Rajan for calling spade a spade despite paid trolls abusing him day-time dayout.
To know more about him there is a white paper on the banking crisis released a few months ago.
He may be a good academician but when it comes to running the economy of a country the track record is terrible. Hope congress finds someone better if they come to power.
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
If 12 million people are applying for railway jobs, ask them to develop local train network for intra-city transport. If we had developed rail transport thoroughly within city, we would not need metro. For rail surface transport, buy land and build surface tracks. There are so many cities that are emerging that does not have surface local trains. I am guessing. I might be wrong about that. To commemorate my suggestion, i expect someone to compose a song called "mari thara local". Note that local is the term used for surface metro in india. Let the beatitudes continue.
Quality of education and unemployment. 2rs per comment trolls won’t understand that. 😊
why can’t anyone in India have an opinion that criticises the govt? It’s the basic of democracy. attacking all criticism is a classic sign of insecurity.
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
He should criticise, its welcome, but disclose that he is a congress member and that his view is coming from that standpoint. He is pretending to be nuetral and maligining the country on a platform that cannot digest our success, BBC is a british platform and they exploited and looted us for 200 years. I hope you understand why people are not happy with this.
Criticizing just for the sake of it isn't needed. We're not a developed country, we need a stable government. Unless there is something wrong people shouldn't become a road block for their own government . Every country in the West developed without democracy. Once they were developed and done with colonizing and slavery, they imposed democracy wherever they could. You and people like Raghuram are useful agents for them and nothing more.
Constructive criticism and an impartial perspective or coming from someone who holds neutral position,,, Definitely Yes,, Not Propaganda who has the communists mindsets.
One percent of our population controls ninety nine percent of our national wealth and profits. The marginalisation of the masses jas broken all previous records. Ever increasing poverty deprivation and destitution is the true face of India notwithstanding the concocted data and statistics. The regime which has legalised corruption has no answer to the soaring unemployment and market prices. Economically the position of India is more alarming than that of our neighbouring states. The purchasing power of the people has reached the negative mark. A couple of favoured families have totally monopolised everything including the market. The rule of East India company is back with a bang.We are beset with a proxy government pulled by the crony capitalists via electoral bonds. We are subjugated to a regime of raids and axtortion through agency atrocities. Democracy lies murdered. From its ashes emerges unlimited autocracy making a complete mockery of the constitutional values and institutions.
The solution to that is less government control and more private market participation. But the schemes of the current opposition harkens back to Indira Gandhi levels of state intervention which is primarily responsible for the current state of affairs with massive wealth concentration in the first place!
Modinomics biggest achievement is not printing notes wildly during Covid and ensuring interest rates stayed fairly stable while ROW hiked rates up almost 3x - 4x post pandemic. And also ensure avg citizen on the road didn't have to suffer from the oil price shock cos of Ukraine.
Why is proportional representation no longer discussed?
A very good economist, but we denied his services, this is our fate
Keep all the numbers, view points apart. lets ask simple question. Who do we have currently to choose as PM of this country Modiji vs RG? People's simple answer would be Modiji; so be it.
there isn't much of a choice in a dictatorship.
This has been insightful
I'm amazed by the veracity of people in this comment box. The man is a former RBI governor and more qualified than the current one. Look at the data at least
Raghu Rajan why dont you get back to what you were doing. We will call you when we need you. Please do not call us. You have thrown your hat into the ring with Rahul Gandhi which pretty much means you are done in Inda. Get over it, you are done here. Nobody wants the Congress back again.
Tum apna dekho bhai woh toh mast jee raha hai USA mein. Actually waha earning zyada hai as compared to rb governor.
@@pnthrillznobody cares, we are working for our country and don't need anti-India rich MFs
The Indian Army ISRO IIM IIT NIT Central Universities you see today is not built in ladt 10 years. Congress built institutions. BJP is destroying them.
As always, it is a delight to listen to Dr. Rajan's timely, eloquent and cogent counsel.
India and her subjects shall profit immeasurably, provided she is willing to lend him her ears.
Let him advise you Brits. India has no subjects. (Unless, like him, you too, are regretting the loss of the Congress empire).
Eloquent and Cogent liar. No one is willing to 'lend' ears to liars, who were ones economists.
he can become advisor to waste bengal govt.
Brits 😂😂😂
Admired Raghu for the dip he made when meeting the interviewer. Shows the humility of the man.
He is a congress man now and I accept his criticism. If he would have commented as a neutral I would have opposed it but coming from an opposition and we should accept criticism positively and work on it and leave no option for further criticism on it.
The more the criticism the better it is.
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
Raghuram Rajan and his jokes! He has got a new platform that has a similar agenda.
Andhabhaktas comes to comment section and comment that GDP growth rate is 8 percentage but it's only for q3 only 😢😢😢😢
Andhabhaktas are always half knowledge persons and they are rely on WhatsApp University posts 😂😂😂
They mob every comment section.
Just lies.
His loyalties are with the Gandhi family.
Good conversation!
However, govt jobs have more status in rural society, hence the large number of applications - there are plenty of pvt sector jobs.
There is no authoritarian rule, it is just that regional parties don't have to be necessarily pacified. It's only numbers.
Any kind of data collection has to be improved - it has never been great anyway - even all the banks completed computerization only 20 years ago.
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EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
So happy Modi Govt kicked him out.. more of a politician than an economist…
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
Do you people see the irony…those whatsapp graduates who’d never touched a book of economics, science, history or even religious texts have now became the experts….thinking they’re better than the ex rbi governor😂
Ahhh…who are you fooling bjp it cell, everyone knows you’re spamming the comment section 😂😂😂
U r no economist nor some intellectual to say😂 &We definitely think all our current economists, governor & governance are better than the ex.
U can just show your insecurity by using words like whatsApp university &al..✌
They are all chaddis
Now Telsa teaming up with Reliance Industries to manufacture cars in India doesn't seem good then!!!!!
Select “Report misinformation” below the video 😂
From Hindu rate of growth to Hindutva rate of destruction - story of last 10 years
India was very rich when it was Hindu. Where did all the gold in temples come from? I like in Canada and travel to Europe, we are in doldrums, India is the future.
@brigjesh: What is ‘Hindu rate’ of growth? None of the other countries use such a term ? What is Hindutva destruction?
@@harir3628 country being rich and temples being rich are two different things ... precisely because temples have hoarded wealth country is poor
@@manojsekharan5846 from 1947 to 1991 , 3.5% rate of growth is referred to as Hindu rate of growth. But it was still growth .
But since coming of Hindutva govt in 2014 , it is all destruction. Don't believe me. Listen to experts.
Raghuram Rajan armchair intellectual.
Says someone who hasn't been to MIT!! Will you let us know when your educational qualifications come anywhere near close to his?
@@SenorSolright said….
Intelligent analysis
Raghu is like vulture, flying high but keen eyes on dumping ground for dead animals.....
Rajan is trying to become a politician and is ending up as a suited pappu. Has he advised Rahul Gandhi to make the Congress party democratic?
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
Irrespective of any party comes......we as Indian will prosper but at the end we want peace and harmony.
so true!
This guy has turned into a full time Pappu. What a fall. Political bigotry indeed does strange things to people.
How many paise does the BJP/RSS pay you to troll??? You can probably just about afford to buy a cup of warm gau mutra! Keep it up!
@@SenorSol Whatever, Mr ChrIslamic bigot. Your Pappu has lost all relevance in India. Might as well keep him in Britain to save its crumbling economy and keep the BBC on life support.
@@PS-ej2xn He's not my "pappu", I'm not Indian, thankfully, but the UK could use a good economist like Rajan, not the yes men that Modi surrounds himself with and who are in denial about the high rates of youth unemployment in India and the tens of thousands of Indians who leave every year to work abroad in high-paying jobs in countries with far better infrastructure!
If you were at least a little bit honest then you'd admit that you'd sell your own mother for a visa to come and live and work in the UK!
@@SenorSol Ignorance coupled with delusions of grandeur cacooned inside a crumbling economy. 😊
He is your Pappu because these Pappus, like you, belong to no nation.
@@SenorSol Please take him to UK and do whatever you like. Spare us your moronic thoughts.
And if you aren't Indian wtf are you watching this and giving us advice?? .. Who asked for your stupid thoughts?
Guinune think about the growth ,what ground reality in development .we are providing public distribution food 80 crore peoples .many vaccancy test paper leaked .this is growth reality.😅😅😅😂😂😂
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
Everyone in india should educated like this
India: look at the sunrise, it’s so beautiful.
RRR: the worrisome part is it we won’t be able to see moon for another 16 hours.
Cry baby
Seems truth is bitter…grow up
@@RockstarRSTR Only the deluded or the extremely stupid believe that Rajan speaks the truth.
Guess you lack intelligence to understand Rajans Truth.
@@RockstarRSTR Nope. You lack the intelligence to understand his lies. I see Rajan for exactly what he is. Another Kaushik Basu in the making.
@@arunsar7893 In your case, it's both stupid and deluded!
This guy Raghuram rajan is talking rubbish and sounding more like Rahul pappu. Seems like Rahul has managed to mix some of his brains into this guy. 😂
Typical 100rs.comment
Irrespective of Rajan's political leanings and credibility as an economist, the amount of people in this comments section putting words in his mouth and creating whole ass arguments from something he never said is BAFFLING. For once, I would like to see people debating on what the man actually conveyed and not shit they literally pull out of their asses.
Per Capita vs GDP: It's not just about the size of the economy, but how prosperity is shared among its people. What really matters for a nation's wellbeing? 🇮🇳
EPF data is the one where all employees of Govt or public or private must contribute for their employees. This number doubled from 12 cr in 2014 that was from independence to 24.3 cr as on Feb 2024 in the last 10 yrs. Why this fraud Rajan is fooling by hiding the facts? Is it to get a Gov job in RBI under Rahul kid? Rajan says that we will overtake Japan with USD 4.6 B in 5 to 6 yrs with growth rate stagnant for the past 7 yrs. What a sarcastic statement about MOTHER LAND by Rajan that Bharat would take 5 to 6 yrs? Bharat is at USD 4 T with growth rate of 7.6 %. The xpected growth rate as per IMF is 8.2 %. Leave IMF data, take only our Bharat Finance rate 7.6 %. You just do the progression, we wil touch USD 4.62 T by 2025. Do u think / feel this fraud Rajan is literate? Now do u understand y Modi kicked this guy? Next per Capita Income (PCI): When Congress left the PCI was USD 890 that took 65 yrs of Congress rule and now it is USD 3120 that is 3.51 times better now under Modi. Why fooling? Finaly he agreed that Bharat is now moving from low income to middle income category without realizing that he is talking facts. Idiot rajan claims that index is poor: example the DEMOCRACY index of Bharat as per west calculation is at 110 which is below Pakistan where military rules most of the times, Afghanistan better than us. Why this fraud index announcement by West? It is to project the investment in Bharat are not in safe hands. So Bharat is planned to rollout NEW index based on the same criteria soon. Again progress of industries wher he says like Rahul n its allies that Ambani n Adani are only growing. When Hiedenberg report was released this fraud Rajan was hue n cry to tarnish Modi. Now Adani gave detailed report while filed a case in America court, the same Heidenburd is trying to meet Modi? Why Modi now? U should understand the severe headache of Heidenberg in Amarican court. Lets wait n see how American court will verdict by max this yr end . Covid 19: I was in America along with my American friend in 2021 where the health agency was asked me for Covid vaccination certificate. I showed it in my mobile, but that American friend showed a piece of paper certificate. U can not even imaging how 140 cr people were managed at every gram of Covid movement using Aadhaar number in Bharat. This fraud is trying to tarnish as many may not recall the facts. Unemployment where lakhs of people fight for few 1000 vacancies. This is true as many private employees wanted to join Govt n hence they all apply even though they all work in private companies. Why hiding key facts from common people. So be careful about this fraud Rajan.
He’s just so smart