Contribution of Dr Ahluwalia to modern Indian economy will be written in golden letters. For people like him and their out of box thinking, we are better off now. Govt could use his intelligence for more reform not only in economics but in other spheres of common people.
Spoken like a true bureaucrat. The best people should be hired from wherever they are. Bureaucrats should be promoted based their performance rather than tenure. That will fix this problem of bureaucrats being jealous of “outsiders”.
It was neither Jairam Ramesh, nor Pranab Mukherji, nor Aluwalia nor Dr Manmohan Singh & PV Narsimha Rao duo who can be credited for economic reforms. Universally failure is treated like an orphan ; and success like a bastard. Many take or accept credit for fathering success. It was IMF that laid strict conditions for bailout loans. India was desperate for dollars to foot imports bill. Former PM Chandra Shekhar had to mortgage gold to avoid payment defaults. So it was IMF that forced (rather armtwisted) Dr MMS & PVNR duo to undertake economic reforms, that mainly included scrapping license permit Raj, trade and banking reforms. Otherwise these Congress die hards had neither willingness nor courage to junk out Nehru's failed socialist vintage economic policies. Thanks to IMF
Imf laid conditions for macro reforms to reduce fd and cad. Going ahead with micro reforms was the decision of indian leadership to restructure indian economy. Banking, industrial reforms which went on till late 90's were not forced upon by imf.
@@yourneighbour304 What are those “macro reforms “ ? Don’t scrapping licenses / protections limit , banking reforms come under macro ? Attend job interinterviews well dressed by default include hair dressing, shoe shining, nail cutting and a face wash too. No one specifies every step. BTW have you read about IMF laying conditions for Pakistan to raise electricity and oil prices? Are those Nacro or Micro reforms? Thanks
First Rajaji warned of socialism and named it as License raj. Second Subramanian samy wanted to move to capitalism and have registered his views in parliament during 70s! Manmohan was following socialism and nationalized all banks!
Sir every one even me also agree for 1991 reforms being ground breaking for India growth door opening. But those reforms were mandated by IMF for taking loan.
Very nice insight and moral of the story is 1) we need more political will to reform the policy from Education to tax& trade 2) surely it would have been great if instead of illiterate politicians these gentlemen would have been ministers but irony is that they themselves cant win a Panchayat election! 😂 Ex-PM Dr Manmohan singh ji lost in general elections in south delhi (the most elite and knowledgeable ppls place) the bottleneck question is: 1) what policies India should bring to make the general people more aware because surely engineers or doctors or any trade which is considered to be as knowledgeable are voted! 2) even if you bring the best of services like tejas, vande bharat etc! How you give the “sanskar”/basic awareness bcz at the end the service will be used by user!
Mr. Ahluwalia is a legend and should be involved in the policymaking regardless of his previous political affiliations. My only disagreement with him is his too much emphasis in climate change. I don't it is as big of a problem as Mr. Ahluwalia makes it out to be. Majority of our focus should be on economic development. The West developed causing pollution, war and destruction around the world but they want us to slow the progress and focus on reducing CO2 emission? Sounds ridiculous to me 😅
You are bent upon taking credit away from PV Narasimha Rao. All the gentlemen - like Jairam Ramesh, etc - were there before PV and continued after, However, it was PV who took the risks and made the changes. // PS: Montek is fine and I have read his bokk cover-to-cover. But Jairam is more of a politician and his words are difficult to trust.
Very learned man clearly, but outdated ideas. Only interesting thing I learnt was about trade policy. Rest of the ideas are very mundane - no deep insights , unfortunately
Hee wad the with UPA for.10 years which is the most corript and disastrous period of Indoan Evonimic, such leftists economist shd make sit and concront with today's Economic advisors. They will pull down his pantnts with facrs n figures like Anand Ranganathan done with Rashid Midwai, Kulkarni....😂
Sir I am forever grateful to you and to ORF for choosing to do these podcasts. Please accept my gratitude.🙏
Contribution of Dr Ahluwalia to modern Indian economy will be written in golden letters.
For people like him and their out of box thinking, we are better off now.
Govt could use his intelligence for more reform not only in economics but in other spheres of common people.
Spoken like a true bureaucrat. The best people should be hired from wherever they are. Bureaucrats should be promoted based their performance rather than tenure. That will fix this problem of bureaucrats being jealous of “outsiders”.
loved it! thank you for bringing this. Will love to hear from Aravind subramaniyam. Thanks
Ahluwalia sir, glad to see you healthy. Looking forward to your next book on “What should we do next as a nation”.
He is an asset to this nation
Monteksingh Ahluwalia is an asset.
It was neither Jairam Ramesh, nor Pranab Mukherji, nor Aluwalia nor Dr Manmohan Singh & PV Narsimha Rao duo who can be credited for economic reforms. Universally failure is treated like an orphan ; and success like a bastard. Many take or accept credit for fathering success.
It was IMF that laid strict conditions for bailout loans. India was desperate for dollars to foot imports bill. Former PM Chandra Shekhar had to mortgage gold to avoid payment defaults. So it was IMF that forced (rather armtwisted) Dr MMS & PVNR duo to undertake economic reforms, that mainly included scrapping license permit Raj, trade and banking reforms. Otherwise these Congress die hards had neither willingness nor courage to junk out Nehru's failed socialist vintage economic policies. Thanks to IMF
You are not allowed to say the truth this loud.
Imf laid conditions for macro reforms to reduce fd and cad. Going ahead with micro reforms was the decision of indian leadership to restructure indian economy. Banking, industrial reforms which went on till late 90's were not forced upon by imf.
@@yourneighbour304 What are those “macro reforms “ ? Don’t scrapping licenses / protections limit , banking reforms come under macro ? Attend job interinterviews well dressed by default include hair dressing, shoe shining, nail cutting and a face wash too. No one specifies every step.
BTW have you read about IMF laying conditions for Pakistan to raise electricity and oil prices? Are those Nacro or Micro reforms? Thanks
Thank you ORF for these very important videis on national security ir economics.
Please continue this service to the nation. 😊
What the duo could do in 10 years is well known among the educated.
I was surprised that Subramaniam Swamy's name did not figure in the discussion. He frequently claims to have authored the reforms
First Rajaji warned of socialism and named it as License raj.
Second Subramanian samy wanted to move to capitalism and have registered his views in parliament during 70s!
Manmohan was following socialism and nationalized all banks!
From this interview, ppl should realize we are a true democracy, there was no holding back on the questions or the answers
A right person at right time and even more important, right connection
Very nice discussion..it’s very important to bring experts who could have different views and ideas..
Ahluwalia sir looks so young who would say hes 80 years old.
Good to see alhuwalia sir after such a long time.
Very very helpful
Good interview. Many things got cleared
Dadaji Montek. Miss seeing him...but will do so soon.
Sir every one even me also agree for 1991 reforms being ground breaking for India growth door opening. But those reforms were mandated by IMF for taking loan.
He did explain that they did a lot more than only what the IMF had mandated
Read the recommended book. You'll get your answers.
People who do podcasts should undergo speech training. Mastery of a subject is sufficient for print media. It is not so for TH-cam videos.
Hey good to see you Dr.
Very nice insight and moral of the story is 1) we need more political will to reform the policy from Education to tax& trade 2) surely it would have been great if instead of illiterate politicians these gentlemen would have been ministers but irony is that they themselves cant win a Panchayat election! 😂
Ex-PM Dr Manmohan singh ji lost in general elections in south delhi (the most elite and knowledgeable ppls place) the bottleneck question is:
1) what policies India should bring to make the general people more aware because surely engineers or doctors or any trade which is considered to be as knowledgeable are voted!
2) even if you bring the best of services like tejas, vande bharat etc! How you give the “sanskar”/basic awareness bcz at the end the service will be used by user!
Mr. Ahluwalia is a legend and should be involved in the policymaking regardless of his previous political affiliations.
My only disagreement with him is his too much emphasis in climate change. I don't it is as big of a problem as Mr. Ahluwalia makes it out to be. Majority of our focus should be on economic development.
The West developed causing pollution, war and destruction around the world but they want us to slow the progress and focus on reducing CO2 emission?
Sounds ridiculous to me 😅
The West as well as India has only one planet to live.
Modiji should include people like Montek sir in institutions like NITI Aayog.
You are bent upon taking credit away from PV Narasimha Rao. All the gentlemen - like Jairam Ramesh, etc - were there before PV and continued after, However, it was PV who took the risks and made the changes. // PS: Montek is fine and I have read his bokk cover-to-cover. But Jairam is more of a politician and his words are difficult to trust.
Very learned man clearly, but outdated ideas. Only interesting thing I learnt was about trade policy. Rest of the ideas are very mundane - no deep insights , unfortunately
MSA was amongst most failed। Economist India has witnessed,
None of it's five year plans were of any use and waste of resource
Lernmoreslockindinpur
Hee wad the with UPA for.10 years which is the most corript and disastrous period of Indoan Evonimic, such leftists economist shd make sit and concront with today's Economic advisors. They will pull down his pantnts with facrs n figures like Anand Ranganathan done with Rashid Midwai, Kulkarni....😂
He is good on papers...on ground he is of no use
Stop consulting stooges of the Gandhi's
Rahul Gandhi is going to frame the policy of India's future. Only OBC and Adivasis will be recruited. Only caste will matter.
Clark George Young Jason Johnson William
Account
Johnson Anthony Robinson Brian Jackson Robert
Manmohan singh, s value lied in his modesty and compliance to his bosses
Neither was outstanding in graduation
Why call him? Is he doing the reforms
He is not in the government, how will he do reforms??🤔
Yeah they should have called you😂
Now you will decide who should come and not?
Who are you?
@@tyrant_hermit😂😂