Why India has a POOR CREDIT RATING Despite being the fastest growing ECONOMY? : Detailed CaseStudy
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VIDEO INTRODUCTION:
Hi everybody,
Since the past 10 years, India has seen extraordinary economic growth!
This is inspite of Covid, inspite of the Russia ukraine war and inspite of the Israel Palestine war!
Now whenever this extraordinary growth happens, the most important benefit we get at the global level is better credit rating!
This is the ability to borrow more money both with loans and Bonds.
Because if you look at the most developed countries in the world, the core reason for their growth is nothing but debt!
You can see this phenomena with America, Japan, China and even Singapore which have debt levels which are more than 100% of their gdp.
But India only has a debt to gdp ratio of 81%.
And you know what?? Inspite of being the 5th largest economy in the world, inspite of being the fastest growing economy in the world inspite of having and inspite of never defaulting in our history, India’s credit rating in the world is so bad that, we are rated below countries like Peru, Philippines and even Kazakhstan!
This is the reason why We are being asked to pay 1000s of crores in extra interest, our foreign portfolio investment is heavily impacted and the Indian economy is losing crores in interest!
And if we want to become the 3rd largest economy, we have to eradicate this obstacle before it topples us! This is the reason why the Indian finance ministry has published an entire research paper on why these credit agencies need to change the way the look at India!!
So if you are a business student, a consultant, a UPSC student economics student or an investor, this is one of the most amazing case studies you will study!
So lets dive deeper and undertanad,
What exactly is a credit rating and why is it important?
Why is India being discriminated by these credit rating agencies?
How does it cost 1000s of crores to the economy of India?
What are the flaws that our ministry has pointed out?
And how are we trying to fix it?
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#thinkschool #businesscasestudy #geopolitics Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.
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title change karlo grammatical mistake hai
The title has mistake.... A and THE is written together
Care Ratings our desi rating agency has launched sovereign ratings and soon hopefully the tables will be turned.
Please provide proof of investment if you're going to say you use your sponsor's product personally..
Jaanbujhakar rkhi gyi h.. taaki Govt khus rhe .. @@FartingHorse420
Moody's, S&P were one of the major reasons for the 2008 financial crisis. They rated dog shit bonds AAA , i just find so funny that they are still given the credibility to determine the Credit worthiness of a growing nation like India.
Hope they don't do it for bse SENSEX😂
So true! The swaps that bet on whether someone would default on their mortgage was rated AAA+😂
If Rahul Gandhi he would've sold the Country long back... In politics there is No-perfection. We can always select the BEST of the WORST.
True, Moody's & S&P are corrupted to the core..
Bingo! 👏👏👏👏
Amazing Stuff Bro! Wish to see you as an expert on Television debates, rather than having underknowledged spokespersons from different parties. Keep the good work going!! Simply love what you do.
It's a TEAM work
No television is crap good that he’s here
Television is always making people crazy that’s he is here to deliver the clear message and thoughts
Why did you remit money for this? #Justasking 🤔
To support his work. Simple.@@KinshukJoshi
bro this was some real knowledge....... I think 99% of those who watched weren't aware of this...... hats off ganesh
We were gyaniraj😂😂😂
@@sanjaikrishna7107Dhruv rathee be like: "mujhe kyu toda?" 🤣
@@sanjaikrishna7107 Meanwhile dhruv rathee...."GOVT NE LIC BECH DIYA"
So you watch his videos .... that's how you know it? lol.. SPOILER ALERT !! You are the "average Dhruv Rathee viewer " .@@sanjaikrishna7107
That is why less than 1% have the potential to crack UPSC CSE 😂😂😂
I ALWAYS THOUGHT BONDS WERE TOO COMPLICATED TO UNDERSTAND---THANKS FOR THE SIMPLE EXPLANATION.
Yes, they are. Even in the graphs showcased for making his point, I would be very curious to know what the correlation coefficient was, even at a cursory glance at the chart, I would safely say that they seem to be insufficient for any statistical conclusion. Not only that, "the perception" that he is talking about of course would factor in because future projects cannot be judged on the basis of numbers because A) these numbers either don't exist yet or B) Would be hard to extrapolate. Even if we consider that all these points were accurate, then I would simply ask you why the entire global system has chosen to trust these institutions? Even if you were to assume some matrix type corruption in the background, I would then ask, can governments predict or determine a credit system which they would see as fair? I would urge you to think, and ponder for a second, how the happiness index, performance of their labour, policies enabling freedom to do business in their land, and all other "qualitative" measures of a country's success and performance could influence an investor's decision while deciding where to invest their money. Good luck researching.
From a long time I had this confusion of why our credit ratings is so low despite being so much successful in economy (especially macroecomy) for decades and now after knowing the reality it hurts because those agencies clearly lack transparency and effective evaluation and assessment methods still investors give them so much value. This needs to be addressed and change.
Investors gain lot of money if the points are low, that's why they support, everyone knows India can payback, but 5% more interest rate would really cheerup foreign investors
@@anudeepdesai so if this is the scenario then most of those second hand buyers must be from foreign who just waits for the prices of bond to reduce...?
@@vibhutisrivastava2789 doesn't have to be second hand buyers, new issues will have much higher interest percentage because the bond ratings are bad, if the rating goes down govt needs to increase the intrest to attract more investors
I don't get it if we are so self sufficient why do we borrow money from these international monetary funds.
The real truth is our economy is as much in black as in white.
In India the real wealth is so much concentrated with some few people and majority of them are hardly making as much money as common man in developed economies.
We are a country where we want freebies but no wants to ask questions from govt.
Infact we as Indians don't give a shit about where our real tax money is going.
We are happy if our belly are filled with toxic wealth even if our neighbours are dying of hunger.
Thia goes perfect fo us including me " so main 99 baiemaan fir bhi mera bharat mahaan.
We can spend millions of dollars on trump visit but we cannot spend money on good public education system, good public transport, good public health
@@AjaySharma-qu6pt last few sentences were true, but I don't agree with 1st one, India is not self sufficient yet, and look at atal setu, govt borrowed 18k Crs, built 21kms bridge on sea, reduced travel time and distance to 20mins saved 200₹ worth of petrol for each traveller, when they asked 275₹ toll fees everyone started crying including people in other state who didn't even see the bridge for once, this is the kind of democracy we have, criticise govt for every good deed they have done, with people like this do you think govt can ask money before hand, people are not ready to give even after they built it and using it. That's why borrowing necessary
As an ML enthusiast,the graphs were super interesting and easy to understand!
The trendline is nothing but the line of best fit
ML ?? What's that?
I am medical student.... but after watching your videos i am developing intrest in economics, geopolitics, business 😄
Stop following him; his data relies solely on government reports, which are often presented in a positive light. However, the other side of reality, the less favorable aspects, often goes unmentioned.
@mohan9795 lmao you can't think for yourself? If someone presents one side you can see if what he's saying is accurate or not
Padh le bhai
@@MohammedTauseefKhan padhai toh karni hi hai....lakin sirf padhai hi nhi karni hai
No no no, u continue and become a Doctor ok?
My sense of understanding is like you ....true patriotic....no party politics only sensible thinking towards country's problems and try finding solutions to it
This is one of the best things our current Finance Minister has ever done.
Very informative video, brother. Keep the good work up!!
Paper released 3 years ago and yet it made no difference.
@@EdwinTyler at least our credit rating is less bad now recently moodys hiked our credit rating
Absolute Masterpiece! thank you for the value addition!
I am doing a job at S&P Global as a software engineer, I am shocked to know this, thanks for making this eye opener video
so what do you think about leaving or transferring to another co. Not saying you should do it. But ekbar sochna chahiye.
Bro Don't take him seriously...On One hand these BJP supporters saying Because of Modi Indias Respect and power has been increased in the world and on the other hand they are saying foreign Rating/survey institute are discriminating with India.how this 2 contradictory things can be true at same time?
@@baburangeela93 C'mon bro, U can't judge this as black and white. 'Impact' is a very greyish thing...
@@captainabhi6933 it's always Black or White...Just need of Clarity
@@baburangeela93 Exactly, Moody S&P are rating agency for the world. Thanks to Modi and his economic policy such as demonetization, we are soon to touch Hindu growth rate of 3% unlike promised 10+%. And The same reporter will find justification for the same. Jay Shree Ram ❤
please make video to talk about Farmer’s income is so low after 75 years OR why AAP can deliver in mere 10 years more then promised OR why other parties overpromise and underdeliver?
Great analysis ... Very educational and informative ...
In developing economy, Fiscal deficit and debt don't matter when large amount is being spent on infrastructure buliding and not on freebies. If money is spent on infrastructure building, it will definitely repay the debt incurred as it would boost manufacturing and service sectors.
Problem is we have states like Kerala and Bengal absolutely waste states
@@ChandranPrema123Can't agree more..even when u just visit Kolkata you will get a vibe that something is majorly wrong here
@@shaun3008what kind of vibe do u get?
@@DiabloNemes Like when you travel to Bihar, you could tell that most people are not willing to work hard for their upliftment only. They are heavily dependent on freebies and subsidies and even on pensions.
But its high time for india when we can diversify our budget investment in human capitalisation .... because infrastructure without human capitalisation can lead us to the next chaina
Really insightful! Also, I haven't seen any easier explanation of bond yield than this. Keep up the great work!!
This might be one of the most successful video for TS till now !!!
KEEP IT UP...... MORE POWER TO YOUR TEAM AND YOU.
I feel like world has been always discriminatory towards India. Our amazing India has been always underrated.
Obviously, They make all rules to enable their own growth and profit
Fight back or keep getting bullied. Bharat and Hindus are yet to learn these lessons be it in finance or dealing with invaders.
may be just few aesthetic changes like planned urbanisation and cleanliness could've changed that.
@@yrg007 don't try to make it about religion when you have a closet full
No, the level of corruption and political influence in India is really a bad hindrance. Watch what Charlie Munger said about India
A very well researched and deeply explained video… kudos to you for bringing out such topics… keep it up 👍🏼
The best way to tackle such things is that the investors of the country show some faith in our country and buy India's bonds.
Because internal debt is much safer and reliable form of debt than external debt , even when there is a possibility of default.🇮🇳
That is what Indian investors are doing. India’s foreign/ external debt to GDP ratio is only 18.6%.
Why should Indians trust India when Indian government itself is not trusting Indians by not making INR fully convertible.
Yeah pay 18% GST, Pay 12%, 10% TDS interest as common man and invest for 3% in return. 15% for capital gain. public sector funds are redirected to such lousy project bonds. Patel statues, useless new parliament and modi new aircraft and photoshoots.
@@SelectiveSnapperDude common man is never an investor of bonds its😢 companies and large institutions. Not to mention none of those "projects" are funded from bonds. Also "Modi's plane" was ordered by the Congress government , haha.
Beautiful video.
Presentation. Education. Articulation. Checks all boxes.
Thinkschool lets trend #IndiaRating
We try our best and unity. Raise our voices for proper treatment by western geopolitics
This is the simplest explanation of yield I've ever come across. Your way of making complex thing simple to understand is amazing. Cheers. 🔥
india must have genuine credit rating agency which can give rating based on stats.so world can accept. GOVT should take steps &encourage economic experts
But foreign investors aren't gonna value it, they would get a nice intrest if they follow those foreign agency
we have to make them to follow such system need to be used@@anudeepdesai
The whole leverage these agencies have is to sell their "research" and fudge the numbers to make money from the investors who use these reports as justification for exhuming higher interest rates out of anyone they want. ref The Big Short (movie)
What kind of economic experts will talk in favor of India when the fiscal deficit is going in one direction, when the per capita income is lowering day by day??.. No sane economist will give a good rating.. it's true that you can't accept this fact. But that's the truth.
🥱🥱🥱
How easily you explained this tough thing. Hat’s off you man.
As young people, let's work together to clean up our country. When we take pride in our homeland, others won't see it negatively. Believe in our country, and don't let anyone's opinions bother you.
Best case study of Think School
Indian Rating agency , CARE Ratings ,has got approval for sovereign Ratings recently
Nothing will happen bro. These elite agencies have liberal English speaking cool guys who are very left leaning liberal who hates our country and our culture.
Time to begin believing indian credit ratings instead
Care rating agency has 8% shares of CRISIL rating agency, which has 40% ownership from S&P rating agency again from the big three🫠
We need Indian banks and financial institutions to collaborate and come up with totally indigenous rating agency
There are countless credit ratings agencies in the world. But only the big three matter. Launching your own agency to rate your own country won't achieve anything. Investors will simply ignore it.
@@EdwinTylertrue but can't just accept the biased n non transparent reports published based on 70% qualitative analysis right!
Rather countering or publishing genuine unbiased & transparent reports will gain credibility right?!
An eye opening case study, greatly compiled in a video not even 20 mins long 👏👍🏻👍🏻
Keep up the good work
Wow you're great mann...iam 18...this election i can have my first vote...thanks for helping me to analyse the govt and their poliy...i think this govt is strong enough to lead our country the ministers cabinet looks matured and determined (especially when comparing with the other available options) i think we have to give them a little more time to show what they did... dvlping a country with 1.5 billion people is not an easy task especially when the World is going through an economic depression...lets hope they can make this country a better one...❤🙂
Vote wisely😊
2500 rs.. vote for arvind khujliwal
Nirmala Tai is matured 🌚
Mei pyaj nahi khati ji 🤣 🤣 🤣 🤣 🤣 🤣 🤣
We still haven't emtered the economic depression.
@@vritrakanha he is talking about global not local
Ganesh, I will have to say that you are making a lot of gen z more knowledgeable and informed beings by these powerful yet simple contents. Hats off brother
People here should watch the movie The Big Short wherein the reality of credit rating agencies was highlighted which was a major factor in 2008 housing crisis in the USA.
True, Moody's & S&P are corrupted to the core..
The were literally taking money in exchange of good ratings 😢😢
Ratingshop
Corruption is not unique to india.
Great video Ganesh and Parth team
Thanks Think School for this great analysis.
This is surely going to be my next assignment
I vehemently agree with the assertion that the Credit Rating Industry of the West is not “Creditworthy” of their work.
One factor that you missed out in your assessment is the ability to pay. Sovereign national rating perceptions also depend upon government’s ability to demand tax and pay interest. India has no inheritance taxation, very narrow Income tax base (narrowest for a fifth largest economy) and low per captia income which asserts that in case of a financial crisis, per capita nation debt is going to be defaulted.
Even most of the time their predictions regarding real and nominal gdp growth is wrong. A much needed video. You should make a video on,the different international organizations which gives rank like HDI, Poverty etc. Most of them seem bogus
Why not IMF or atleast World Bank publish these list themselves?
HDI seems fair as per me.
Exactly! What the hell in the fucking world is stopping them from doing so? 🤷🏻♂️
Instead they're giving this task to some random private agencies! Like what the fuck dude!!! @@vibhutisrivastava2789
Indian govt itself says 7-8 GDP growth while its always around 4-5 , fake newa abput 4 trillion economy 😂
@@theerdalavignesh4443 Rahul Gandhi's propaganda reserve
Ashoka Mody, a visiting professor of International Economic Policy at Princeton University, previously worked for the World Bank and the International Monetary Fund. He is the author of India is Broken: A People Betrayed, Independence to Today (Stanford University Press, 2023).
He provides an "alternative" view of what that is really happening with the Indian economy. Perhaps this is why the all round poor debt rating from these western rating agencies. （I hope this post don't get deleted)
Today I had macroeconomics exam and there was Credit creation of commercial banks. It's nice to see so relatable videos. Please make a case study on The Credit Rating agency business. So that we can also have a Credit Rating agency of our own.
12 std?
@@KavyaSoni-ew9ilHonours 2nd Yr 3rd sem
Credit Multiple = 1/LRR
12th macro.
Hell relatable for 12th commerce students😅as we have spent this entire year with credit creation, foreign exchange and balance of payments etc..
There are many credit rating agencies in the world. Making another one makes no difference. The Big 3 matter cos major international investors listen to them, not the dozens of other agencies. You can't change that by making another agency.
In my whole life your the one N only Indian youtub channel i came to like - much more then any other TH-cam channel in India coz you really are so much more better in terms of video quality and clarify of background sound effect - in simple words your channel is easy to understand and it's really good
Applausable explanation of complexities 👏👏 in the easiest way possible, great work❤
this conversation needs to be amplified and reach the common people.
Notebandi, Telecom Sector policy 2G,3G,4G Licence, Power sector policy, Data security, Press Freedom, Corruption, Hunger Index, Transparency index, Currency Volatility, Share Market & Election independence, PPP etc etc parameters matter over loans, interest rates financial indicator for Foreign Investors
Bro this video just blew my mind 😮 don't have any knowledge regarding this, salute to your research 👏👏👏
I am proud of #Bharat who's getting stronger & showing solid growth in spite these sinister efforts to keep it backward.
#WeWillWin
We are doing it all right! Let's keep going!
Awesome, clears lots of doubts, thankyou for such a great explanation
Our finance influencers should publish such videos, benificial to our nation. Awesome stuff!
for the first time i saw you saying - UPSC students
its been a really long time
since i'm following you and your videos are very helpful in my studies and i'm happy ti hear that you also noticed that UPSC students are also a part of your audience
The truth is if we had only a better opposition then it would be much better for our nation 😢
only simps think about impressing others too much and that's when opposition starts to come in. They require opposition to see themselves.
Facts. Bjp need strong competition that aren't divisive.
better and unbiased national media as well
@@RealityBOOMwhen the leftists can stop simping for islam, national media can also be fair
I don't think opposition has a lot to do in this matter. I mean, other than avoiding foul portrayal of conditions in India.
You are doing an amazing service to the nation Ganesh. This is exactly the type of knowledge people need and your service should be part of subscription in every world school as we quickly are losing value in college education and poor students carry loads of debt . Think School is AAA and don’t let Moody’s Fitch rate it . They clearly are discriminating
The best explanation l have ever heard in terms of economics
I generally am a silent viewer, but this video is extremely well made and informative. I was not even aware of this thank you for explaining so easily and nicely.
I bow down to you Ganesh, just awesome !!
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Every one watch India as a business because more young people come in stock market ❤❤❤❤❤
Keep up the good work.
What an analysis my dear no other economist media speak like this 🙏👌😱
Thank you so much buddy❤
Keep going!!!
Ye Dil Maange More.
We should find a way of reducing our borrowing at costs influenced by these biased ratings!
Great Case Study....liked the hidden problem pointed out by the government
Hope to see you in PMO and explaining the things to all citizens with simplified version like u always do....😊 All the best 👍😊
Single best video of thiz year!
The best video on TH-cam, this should go viral
Think school is finally back🙂
I understand taking loans & repayment capacity in basic sense. A salaried employee with good education from
Grade A college, stable income with a Fortune 500 (less chance of firing), good increase in salary over years has better chance of paying a 2Cr loan than a person working in a small company with an uncertain growth of the company.
Now, let’s take our country example vs developed - 1. How many trillion dollar companies exist in India? 2. After PM who is the next strong leader ? 3. Any internal tension (even though trivial like CAA/farmers protest / religious disputes) has the power to derail our current ruling govt.
5. Existing Loans vs new loans - I don’t have numbers but with growing scale of our economy is directly proportional to our loans
6. Most important - with threat of China lurking on us - any time loans could get stopped. I’m thinking from the point of how we are given a loan vs how a country is given. There could be other factors but my limited knowledge could think of these points as reason for poor rating in comparison to Philippines/Peru.
Excellent! Your best episode so far. 👍
Fabulous content man! The amount of research which has gone into this is visible in the precision of data presented.
I'm sure this is a video which none of us knew we needed ❤
Amazing brother, looking forward for more knowledge stuff
Keep up the good work 💪
Really moved by this pin point analysis and research. Phenomenal case study ❣️
Whole system of rating countries must change and on objective parameters and be transparent
Thanks!
Thank you sir for bringing out this very important information.
How USA wants to keep Bharat poor, so that more and more young people migrate in hope of better infrastructure, better quality of living in the west.
Just one small suggestion, if possible please say Bharat instead of India in your videos.
Good suggestion. It will solve all our problems.
India is changing
Indian bonds are getting included in J P morgan emerging market index with 10% weightage starting july
We will see huge dollar inflows
It's just amazing. Having such deep knowledge. Thanks for providing deep research and data to us.
Thank you very much Ganesh ❤
Thank you for calling it an episode and not just a video.
this is the best case study i have ever seen , i really appreciated 💖💖
This is one of the best class to understand bonds in simplicity for any currency.
Good research&analysis ❤
Doing MBA Finance from one of the most premier B-schools in India, where so experienced tutors are teaching, just today learned the same topic, believe me this is much much better, so simplistic and comprehensible explanation.👏🙇♂
I always wanted to understand how bond yields work and how they impact freshly issued bonds. Thanks Ganesh🤩
Bad credit rating is kind of good thing.. State govt like punjab and kerala etc.. Will borrow a lot of money and put pressure on rest of country
Thanks brother ❤
Best explanation on really important topic.
Before investing, the Indian government should assure investors not to believe future fluctuations in credit ratings by these agencies. In the long term, India-based international credit rating agencies should be established.
Thank you for this valuable information.
Why doesn't India start a Credibility Reporting Agency with a "scam index" and they can evaluate all these western based credit agencies, think tanks, and other institutions that rank countries based on differnt criteria... Based on the quality of the studies they do.???
you are worthy of the name Ganesh. Thanks for showing proof and indepth knowledge ,truth
Ye huyi na baat bro
Waiting for this kind of topics about india where we are far far behind from the growing economics. I don't want to see bias videos everyday everywhere.
Thank you thank you so much bro for this and 1 more thing bro we all are waiting for bjp promises 2 part of that video remember ??
@sawcon4305 yeah i know that bro
@sawcon4305 China succeed coz KISSINGER GOT A BEEF WITH INDIA..
"Far far behind from growing economies" where did he said that Mr chamatkaar?????
He said the bias of a WhatsApp group who calls itself the expert in economics us costing us the world's fastest growing and 5th largest economy a waste of billions😂😂😂😂
Did you watch the video correctly? because the conclusion of the video was definitely not like "india is far far behind from growing economics", it was more like "we are better than what the west depicts"
Terrific Content!!
Irony is these were the same credit rating agencies responsible for 2008 financial disaster.
Bro please upload a video on the interim budget
Read economic time . Want everything readymade?
@@ashishk7707 available online?
@@ashishk7707 thanks
Great work....I Think definitely our country must raise our voices against these companies
Whoever want an honest report of Andhra Pradesh government because elections are approaching.
Like this comment..
India should set up Credit Ratings that would be FAIRER to India and the Global South !
One suggestion: Reduce the credit ratings of countries that engage in frequent wars ! 🙏!
PER CAPITA INCOME is more important than GDP, MARKET, POPULATION etc...
Bro, why this per capita income for a country bond market. They give rating for entire country.
Nonsense, It's the Government who pays interest on principle, not citizens.
And per capita is nothing but total Gross domestic product /population
Understood the concept of Yield better through your video than any class in my MBA
The credit rating of India is poor is because, although India has never defaulted on its national debt, the corporate side has been very bad in repaying their loans . The perception of poor credit is widespread on corporate debts and this impacts our national score.
Its good our finance Minister has pointed this out and thanks for think school for explaining it to the general public. Some thinks need to be spoken more and understood way moree !
It sounds like Global Politics against BJP 😅😅😅
That's global politics against developing countries in general. Usually general instability has been their tactic, coup in worst case. But India stood strong, so they are finding ways to fill their pockets through India's growth story.
They do it against every possible competition. Look what they are doing to China.
Tu toda BKL hoo kya 😅
He already mentioned that this happened in congi govt also.
Its clear that it's against India.
Need of the hour to spread the word on these important issues! Thanks
Entire South India- 3.6L Cr
Maharashtra Alone- 5.2L Cr
Yet, for every 100 rupees given to the centre, Maharashtra gets back only 7 rupees whereas each south state gets more than double than what Maha gets.
Why should South States enjoy this privilege? Oh wait uncontrolled freebies 😂
Twisted datas 🤡
There is not much difference between you and rating agency of West 😂
@@Amoghavarsha. This is literally data of the Indian govt. Keep crying 😂
Bro waste states are kerala and Andhra Telangana @@sanjaikrishna7107. Maharashtra tamilnadu and Karnataka are much better in the economic growth to country
Yeah zero reference to which year what type of tax you are quoting so no one can verify.
Your state is getting ripped off and you don’t want to raise your voice against UP or Bihar which is getting multiple times more than South and instead focusing on South who is actually standing up for this unfair treatment.
BRICS should come up with their own credit rating system.
Thank you for making this amazing video.
and brics comes up with its own investors