FM opens up on North vs South, Congress,GST, IncomeTax & India’s Economy| IBP Episode 8
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VIDEO INTRODUCTION:
Today we are joined by Ms. Nirmala Sitharaman, the Finance Minister and Minister of Corporate Affairs in India.
She has played a pivotal role in shaping India's fiscal landscape, especially during challenging times like the Covid pandemic.
In this episode of the Indian Business Podcast, she addresses critical issues such as the narrow tax base, the growing gap between the rich and the poor, and the complexities of GST distribution among states.
She provides a clear overview of the government's plans to improve the education system, boost employability, much much more!
Let us know what you think of this conversation in the comments!
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✅Study Materials:
00:00 Trailer, introduction
3:48 Importance and issues in coordination between state, centre and the panchayat to become a 7 trillion economy
9:57 Why has the land banking system not been scaled to other states?
15:56 Government leading economic growth through privatisation.
21:00 Why is our tax base low?
22:38 Importance of value for money in tax payment and government spending.
24:20 Why is there a huge gap between rich and poor?
27:00 Power tools institute and PM Vishwakarma Yojana
28:38 Addressing the issue of unemployability among engineering and management students
34:55 Challenges in quality of engineering colleges and their impact on students and parents.
37:17 Explanation of GST compensation to manufacturing states and its impact on taxation.
44:05 Discrepancy in tax distribution among states based on collections causing controversy.
50:58 Discussion on state finances, population parameters, and economic crisis in Kerala.
55:57 Utilising technology for better revenue collection in GST to trace money, prevent false claims, and unravel webs of fraud.
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#nirmalasitharaman #financeminister #indianbusinesspodcast
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The big leaps Ganesh has taken over the past few months with the podcast is very inspiring congrats brother
India's poorest 50 per cent pay two-thirds of GST: Oxfam
Counter questions need to ask on unemployment and education
why he didnt asked single question electrol bond, why no question on privatisation benfits are passed to adani and ambani with full monopoly like airport.
But very good discussion on money passed to state(by the way my state gets least out of 100).
he is godi media
Here Critics needs to understand that Ganesh is not a politician or journalist ( doesn't matter both are living off each other in today's era) , Ganesh is a student of Business and his pov is always in learning policies of government and understanding big takeaways from it.
People are too much into politics these days , specially the opposition parties.
If you are not a politician and not fighting any kind of election in India , please stop getting into too much Politics and try to get what's best for you in current and future scenarios because that's where your life will change. After a certain age people have hard political ideology and whichever question Ganesh might have asked has no significance on either side.
It's always better to think about what's on your plate and eat one at a time.
Social media is too much spoiled these days , so many bots and everyone scoring political points in comments that people started expecting the same stuff from Ganesh and you'll be forever be disappointed because I'm proud follower of Ganesh and I totally agree on him when he gives analysis on economy and political scenarios.
This man is single handedly raising standard of government interviews in India. So informative.
Anyone's good work has to praised.
If work done without expecting praise, inbuilt agenda. 🙏
doing godi propaganda. weak
@@nextingtingagain German puppy needs diaper ❤
@@nextingting How is this propoganda? He asked pointed questions and she answered, he poked for examples, she gave them... She tried to make it political a few times, he got her back on track and she did. Very effective and informative.
@@sanganagoudamalipatil4439 pata chal gaya kaun asli godi mein hai ;)
Really she is like the principal of our old college days, those examples are at par,
Especially the north vs south GST collective divisions explained with Kochin, Bengaluru, and Chennai were eye-opening for me, even though I am from the south, till these many days I thought somewhere centre is neglecting some high-paying states and distributing only to backward states, now with this example I came to know, I have to correct my perceptive or thought process regarding this matter.
Thanks, Ganesh for this wonderful interview.
Being a CA student it clarified my doubts to large extent. Do bring such podcasts again!1
I am following this channel for almost 3 years, really surprised that Ganesh was able to get our current finance minister. People arguing whether its biased or not, I am just happy for his success and growth. I got a lot of information from this channel and also learnt a lot and I hope it grows more.
Those who say bias r just jealous 😂
Not a big deal In india today ! Podcasts are used by govt n celebrities for there own benefits
SAME !! I been following him when he started...
Usually, it is the only time they accept to be interviewed if they can vet the questions in advance. But since it is election season they tame their demands.
Ask her why 18% gst on education
This is how an interview should be done! Critical yet staying unbiased, tough questions but non-interrupting and polite yet being factual
Truly Agreed 👍
also this was not the case 10 years go. he did notmention how the situation was 10 year s and compare it with now..
who si going to pay the borrowed money.. idiot FM. why cant bihar pay .. why cant UP pay.. why on TN and other south.. i am getting so outraged by that statement..
@@amudhanbakthavathsalu5308she said that each state pays their borrowed money. Who said about TN and other states paying installments for Bihar and UP. It is about budget distribution. This argument is very complex and I urge you to remove politics aside for a moment. The same politics which is still not able to decide on kaveri water issue even after being in partnership
@@deepankarkumar7694 so why do you think TN borrowed more and not UP and BIHAR. hope you are not saying that.. if not then what she said is non sense. it amy be complex argument but why this is all happening more intensely now and not before.. and that is why i made it political. i am also not alway have time to argue on these things..i am not syaing other parties are so good. but BJP is worst bunch idiots.. and they dont know what they are doing..
THINK SCHOOL is unstoppable. He is just revolutionised the youtube content. What a rich content and the level of research... Please keep your indomitable spirit alive...😊
This was one of the best podcast i ever saw. Like genuinely talking to the government leaders is making the system more transparent. There were endless false arguments like North vs South, labour employment and she answered them so well.
Genuinely a great job Ganesh
3:06 - Start
3:49 - State/Centre/Panchayat coordination to become $7 trn economy
7:10 - Example of this coordination
9:57 - Gujarat vs other states Ease of doing business
15:19 - Privatization
18:48 - UPA's Retrospective Taxation
20:59 - Why less Income Tax payers
24:18 - Income inequality
28:38 - Unqualified Engineers
34:56 - Restrict Engineering Colleges in India
37:16 - GST in Consumer vs Producer states
44:24 - GST divide in North vs South
51:24 - Kerala Economic Crisis and GST divide
55:57 - FM Nirmal ji phenomenal job on GST, Tax collection
57:42 - AI Spiderweb Example
59:41 - 2029 Vision
Upvote
I went straight to 44.24 to see what she says about North-South divide.
🎉
phenomenal corruption, phenomenal harassment, phenomenal high-handedness
Thx broi❤
Damn, she is answering on proper criticism and acknowledging the problems and valid arguments of Critics
Yeah that's y she told I am not using onion
Scripted interview obviously. Watch her live interview and see how she avoid 90 percent of questions
@@vv-sz4yhshe doesn't understand Hindi properly she was answering to the trolls of Congress. But u illiterates made propoganda out of it
@@vishalkuwar6579 whether it's scripted or not , the question which have been asked to her are the real questions which we citizens wanted to ask , and she delivered her answer.
@@DD-ky9xi no...just recently a question was asked to her in English abt excessive taxes on property...lady couldn't even give a str8 answer. It's not the language barrier.. it's just they just don't care and think they can't make any mistake.
Very tough questions yet she answered so elegantly. She even acknowledged the problems that still persist. One of the finest Finance ministers Bharat has ever seen.
Very right bro she is such a humble lady.. ❤ chamcha people are not able to digest her humbleness😅❤❤
Thank you Ganesh and team Think School for this!
How rare is it for us to actually listen to the leaders of our country without reporters interrupting them??
This was excellent!! Kudos! 💯💯💯💯
Good interview, much better than our national media.
A new national media is arising as the legacy 'national media' withers. I am expecting that there will be consolidation of excellent channels like this into bigger entities in a few years.
There is no need for sensationalisation, no needs to have trps, or similar bogus kpis.
India's poorest 50 per cent pay two-thirds of GST: Oxfam
@@maxverstapanfromkeralaeverybody has to pay GST bruh. It is indirect tax , idk what y'all yapping about without understanding economics. You have a problem with Gst or that 50% of tax payers are poor ?
Please don't compare anything to our mainstream media. Its an insult.
A perfect example of how an interview has to be conducted....Mr.Ganesh was so well prepared to ask proper well researched questions. He was open to seek clarification whenever he couldn't comprehend what FM said.
Madam Nirmala Seethramanji was very calm composed n very crisp n clear with her answers. She explained her point of view in a simple way. My salute and respects to both of them.🫡👏
Only legends can sense that the question and answers are already discussed prepared briefed
Glad m not legend @@saiprayastha7141
True 🙌
@@saiprayastha7141 and real legends know that nirmala once came on a news channel on a live show and took questions unscripted. If you only want to criticize, then remain a loser brother.
@@1729krish exactly man! once a person forms their biases there's no point convincing them otherwise
Very important interview, must reach the Indian masses in millions.. Madam FM knows the governance required in finance, business and economics aptly, and despite severe harsh criticism, the way she has steered the Indian economy to reach great heights even during the disruptive Covid years is commendable.. Also, Ganesh, your interviewing and communication skills are exemplary.. Very well done!
She is not at all directionless as portrayed by mainstream media. She's a very capable person.
And Ganesh is the best podcaster right now. Putting data on screen as it is being discussed. It's easy to verify. You just took it to another level for other podcasters.
Some of it due to her being a woman, and South Indian.
😂😂
She has managed to reduce damage to our economy because of global events by a significant extent. In fact the economy is doing way better if we check indicators like debt to GDP ratio, CAD, inflation etc.
😂😂😂😂😂😂
@@newworld2086 where better say debt to gdp ratio? are they both same units to proportionate go n read 9th class text boook of economics
Mam might seem a little strict, but the knowledge and success she holds, particularly in her profession, are something that cannot be described in words. The way she handled and answered every single question, explaining in such a simplistic manner that even those listening could understand, makes me believe in this government more. This government surely has ministers who know how to work and grow the largest economy in the world. Proud to have such ministers amongst us. Thank you, Ganesh, and thank you, mam, for such an insightful interview. Just a suggestion, questions can be improved to encompass the entire economy rather than targeting specific sectors.
Limited time bud :/ next time will try
25:00 The Income Inequality joke has been started. She answers about the job engineer being not qualified enough for income inequallity.
are she saying that poor person means the mentally incapable and rich business house has intellectual powerhouse?
Probably she had more allocated funds to education instead of the reduction of corporate tax and wavier of corporate loan of 14 lakh crore.
so in a nut shell she is describing that Indian education is not improved under Modi Goverment as we have not seen such type of excuse by the previous government for income inequality.
In India, the richest 1% own 53% of the country’s wealth, according to the latest data from Credit Suisse. The richest 5% own 68.6%, while the top 10% have 76.3%. At the other end of the pyramid, the poorer half jostles for a mere 4.1% of national wealth.
While it is well known that top what a joke we have elected as the FM.
@@nikunjkavadia
Absolutely agree!
While I am very happy about the fact that now there is an alternative to TV screaming matches, providing no useful information to the viewers, I hope to see better questions asked.
She[BA,MA, MPhil in Economics and was also Ph.D student of Economics]
is the Best Qualified Finance Minister........campare to previous FM Arun Jaitly and P. Chidambaram both were LLB Advocates😂.
@nikunjkavadia she gave her answer to that if ur blind and deaf we can't do anything she totally said that they can tax much more larger population than the current one but its all about the civic conscious of our country men that if they are saving more they will be happy but if the government even if they add 1% tax to them they will feel that the government is repressive and totalitarian like this easily our citizens mind changes so the government especially modijis aim is to make sure and make the middle class people trust tha government that their money is spent on right things
i think, nowadays, youtubers are more important than traditional media in our country. i was watching TV the previous day and they were showing Viral on the Internet as a show and youtubers are nowadays interviewing Politicians. 😂😂😂
true
Unbias youtuber is important *
Not beerbiceps ofc atlest Ganesh asked good questions rather then saying ki aap me se durga mata jsi vibes aati h
@@Onlymanstuffbeer biceps doesn't even do any reasearch related to the topic and he asks very basic questions. The reason why people go to him is because he doesn't ask tough questions
😂😂😂😂
There is not even a single news channel that does interviews like this ,hats off ❤
man she is quite sharp. thats what quality information is when host and the guest is both educated rather than asking questions controversy questions he purely asked question based on stats and report. hats off.. great podcast...
Was always skeptical of how our F.M thinks and operates. This cleared many of my doubts. This new way of news is much better than any news channel.
I was not expecting Nirmala Sitharaman as a good finance minister but seeing this video and the way she explains the question was really mind blowing. Thanks Ganesh for bringing such podcast and asking right questions where mainstream media doesn't ask.
This has to be the finest interview with GoI on the internet that touches really core issues and plight of common citizen. Really amazing to see how well FM knows the root and technicalities of the subject.
Kudos to Ganesh!
I love how he doesn't waste time on asking stupid things and just talk about important things❤
PS loved the FM Answers too❤❤
I didn't even realise when I liked this podcast until, I tried liking again! Great work Ganesh and team! More power to you! Thank you for being un-biased and giving your best to educate average Indian!
i didn't expect it to be so informative, Also I didn't expect our financial minister to be so well versed with, well, Finance. Really great !!!
He is the Best Anchor in bringing Truth from FM!
We have to strengthen our rich. Then only Bharath will develop. For that we collect GST from middle class and give them the pr work on the infra focused for our Richest friends. India's poorest 50 per cent pay two-thirds of GST: Oxfam
Yeah we need truth we like
@@maxverstapanfromkeralathere is a certain educator/journalist from Germany he says without explaining the full context or rather than educating his viewers he says "Do we really need such things ? Highways, Expressways, Railways etc?" and starts spreading his political agenda and surprisingly so called educated population of India biggest democracy in the world instead of not falling for any propaganda or for any party and staying united and strengthening our democracy they do fight over each other based on the favorite political parties and defend their specific political parties
@@maxverstapanfromkerala@maxverstapanfromkerala there is a certain educator/journalist from Germany he says without explaining the full context or rather than educating his viewers he says "Do we really need such things ? Highways, Expressways, Railways etc?" and starts spreading his political agenda and surprisingly so called educated population of India biggest democracy in the world instead of not falling for any propaganda or for any party and staying united and strengthening our democracy they do fight over each other based on the favorite political parties and defend their specific political parties
@@noobspidey006 Yeah, then we need Hindu v/s muslim fir development. We need hatred for Development. Thanks for the insights.
@@maxverstapanfromkerala yeah true bro actually no German Educator/Journalist and No Right wing Journalist actually these people are increasing the propaganda with their half manipulated facts (actually they're all from relevant sources but it's not complete story) from the both respective sides it's becoming more conspiracy and propaganda than ideology and where right wing extremists praise Subash Chandra Bose ji but hate left but don't know that Subash Chandra Bose and Bhagat Singh were admirer of left and marxism,communism and where left hates RSS and says Sardar Vallabhbhai Patel sir banned RSS but don't know that later RSS served for the Indian Army in 1960 Indo-China War and Prime Minister Nehru was appreciated them and invited for the parade on Republic Day both are hypocrites and their statements hit backs on their own there only 5% genuine audience exists in Thinks School community rest of all watch them to who suits to their biases
This was an amazing interview!! While studying GST as an CA student I always used to wonder why the hell there is a limit on how much a transport truck can travel in a day?! It was brilliantly answered in last example.
Ganesh, your interview with the Finance Minister of India was truly exceptional. The questions you posed were highly relevant and insightful, demonstrating a deep understanding of the subject matter. The Finance Minister's responses offered profound clarity on taxation issues and numerous other topics, significantly enhancing the viewers' comprehension. Excellent work! Your efforts are not only commendable but are also elevating the standard of podcasts and public interviews to new heights. Keep up the outstanding work.
Congratulations for getting such an interview with FM. It really helps to understand the perspective of GOI, and how not to interpret the numbers and claims without understanding background of it.
As an NRI I have finally found channel which does unbiased interviews. Kudos 👏
Unbiased toh nahi bhai, uska body language aur mouth toh dekho. No counter questioning and real time thinking.
@@sameerpurwar4836
Here, we have got our Nobel laureate on Body Language Technology
@@sameerpurwar4836 25:00 The Income Inequality joke has been started. She answers about the job engineer being not qualified enough for income inequallity.
are she saying that poor person means the mentally incapable and rich business house has intellectual powerhouse?
Probably she had more allocated funds to education instead of the reduction of corporate tax and wavier of corporate loan of 14 lakh crore.
so in a nut shell she is describing that Indian education is not improved under Modi Goverment as we have not seen such type of excuse by the previous government for income inequality.
In India, the richest 1% own 53% of the country’s wealth, according to the latest data from Credit Suisse. The richest 5% own 68.6%, while the top 10% have 76.3%. At the other end of the pyramid, the poorer half jostles for a mere 4.1% of national wealth.
While it is well known that top what a joke we have elected as the FM.
@@sameerpurwar4836 bro he is interviewing the finance minister and a very respected leader. He cannot be obnoxious like a JNU student. His interview was respectful and good as well.
@@1729krish bro counter questions kaha hai, follow up questions kaha hai. Aur position toh respectable rahegi, person ka iss respect se koi matlab nahi.
Traditional media is showing brainrot, meanwhile TH-camrs are creating analysis and interviewing politicians.
Great job Ganesh I have been following you for for few times and I am really happy to see you succeed. Now although I am not in India I watch every video of yours to get up to date.
Arnab is solely responsible for justice for SSR movement and gave just to him , u are anti Hindu I guess
Best ever podcast of a finance minister who explains smoothly and patiencely with examples. Lot of information in economics from this video.
Ganesh you have shown courage to ask rational questions and I think our Finance Minister also understood the depth of unemployment and gap between jobs and education system!
*Hai Ganesh I am an UPSC Aspirant , tnk u soo much for the series , bcs these are gold 🥇 quality , which are far better than our economy classes , tnk u sooo much* ❤❤❤❤
Then change your class. 😆 lol
@@miteshranjanpanda1776agree. You need to change your coaching @awriter1950. UPSC never gonna ask such things. Stick to basics fayade me rahoge. UPSC hawabaji se nhi hoga.
This is just a scattered information about our current economy. This might be helpful in upsc interviews but not in answer writing.
Why did you make your text bold? you are not any more important than others
You need to join Dhruv Rathi coaching to clear UPSC in flying colors or else it will be failed attempt.
The most underrated Cabinet Minister ! Sailed our economy through the Covid crisis and now India is the fastest growing economy.
Exactly and main stream media shows like she is stupid but in this interview she is answering question very nicely and also she accepted some of her or her's government mistake like on education system and other
Which is fine she is also a human ❤❤❤❤
This is the kind of content we need. This will make our government more transoparent and will make the common public more aware of about what their part is in the country's progress. Amazing Amazing. And Thank You.
Ganesh Bhai!
I don't know what does a professional interview looks like, however being a listner with curiosity, and asking the right questions in the right tone makes so much sense.
Thank you for doing what you are doing.
One common answer from the respected ministers on IBP about Unemployment & Education ----- is that there is disparity between what industries want and what skills the education is providing
Similar answers from FM Nirmala maam & Shashi Sir
Hope there are provisions made on larger scale to cater the same
We have basic laptop or pc in our schools and colleges but we aren't not interested to learn much about importance software ( which are necessary skills for various job now a days) and our teachers are also didn't do much about this....I think computer skills and other info-tech related things syllabus should be updated to compete with these growing tech base economy.
"let's play pubg bro"
Who's interested in learning? @@golik133
@@golik133 Yup .....as rational citizens we also have to act in a way or say develop skills that are fruitful for us and the industry .....Govt can do whats up to them ....but we also need to scale ourselves up rather blindly following the wave
@@sway_gg But dont you think that its also the government's job regulate the curriculum of universities with topics which would make the students market ready. You can't blame the students on the fact that they are made to work their ass off on a subject which wouldn't be used in real life
insaan padhe tab to, pure semester bunk maarke hi nikal jaate hai.
This will be one of the iconic podcast/interview in the history.
The clarity and the patience with which Nirmala Sitaraman answered is just amazing.
She is absolutely clear with her conviction.
Absolutely amazing, I had a lot of misunderstandings which made me critical of her has now been cleared.
Simply amazing 😍. First of all kudos to you Ganesh for conducting the interview the way you did!! Outstanding! And big thanks for bringing in Madam Sitharamanji...I was never a huge fan of her but the way she answered all the questions with utmost clarity and integrity completely change my outlook towards her.....keep them coming!!
Just astonished seeing real educated politicians. This is the kind of journalism we need, and these are the people we need to run our country. Such an awesome podcast. I'll sleep well knowing that our nation is in good hands.
A Prime Minister who understands the nation
A Infrastructure Minister who loves building roads
A Foreign Minister who puts a strong front of the nation internationally
and A Finance Minister who understands economics like no one else
Why are you not seeing that we have ease of doing business environment but not ease of getting jobs environment.. fm herself agreed that we don't have industry fit workforce and companies have to invest to train to which they are reluctant.. that's why we are seeing increasing unemployment.. unfortunately BJP government failed to resolve this in their 10 year tenure... remember not everybody can become a businessman or an entrepreneur..
@@pav1690 Amazing point brought forward. But this is also the first government which is actively trying to change our education curriculum to make our future generations workforce ready. It is sad to see most of our young adults as an incompetent workforce, there are so many layers that need to be reformed for this. At an individual level, as the FM said, you should adopt online/offline skill courses, there are numerous ones available. Plus you should have a degree from a famed university. The better your CV looks the better chance at a job you would have. Individuals currently need to actively seek exposure, yes the education system is shitty in our nation currently which doesn't cater to the needs of the hour and is not dynamic. But this is the only government I have seen, which is giving hope and improvement in this sector, let it be through their new education policy, or through initiatives like skill India. I believe that they will bring about radical changes in our system and improve the skillset of a younger Bharat
@@pav1690, every thing can't do central government, states also have to do skill development programs, where is it?
@@patibandaanwarkumar1755 central government initiatives will have greater value and will give much confidence for employers to hire the candidates
25:00 The Income Inequality joke has been started. She answers about the job engineer being not qualified enough for income inequallity.
are she saying that poor person means the mentally incapable and rich business house has intellectual powerhouse?
Probably she had more allocated funds to education instead of the reduction of corporate tax and wavier of corporate loan of 14 lakh crore.
so in a nut shell she is describing that Indian education is not improved under Modi Goverment as we have not seen such type of excuse by the previous government for income inequality.
In India, the richest 1% own 53% of the country’s wealth, according to the latest data from Credit Suisse. The richest 5% own 68.6%, while the top 10% have 76.3%. At the other end of the pyramid, the poorer half jostles for a mere 4.1% of national wealth.
While it is well known that top what a joke we have elected as the FM.
Thank you bro for this amazing podcast. I'm a CA aspirant and the subject I dislike the most is tax but after watching your podcast I'm fired up to study tax more because I understood what she was talking about in what minimum knowledge I have at the moment and now I'm fired up to increase my knowledge pool on the subject.
Thank you once again and I request you keep this type of podcast coming, it gives me the kick to learn more and increase my knowledge level.
Hello Bhai 😁 MAJA AA RAHA HAI NA
this is not how you interview a person who hold office
okay check out the interview after 24:22
when he asked the questions he did not hold her accountable
for example he says there is a gap in our income and it is increasing ok good question and also are engineers are unemployable but he didn’t hold her responsible for this which she is
she just explains the concept which is fine we can understand that she is an expert but you are the one who is responsible to make our youth employable
our situation is like this
for example we don’t have enough doctors to serve our people
there are lakhs of students who want to become doctors and we need doctors but what we don’t have is enough good institutes to cater these aspiring students
what I mean is questions should be direct like why we are facing these problems and why you are not able to prevent or solve these
problems
we don’t need you to explain the problems instead we want solutions and answers and accountability that if you are failing to make things better then just accept that you have failed us
PS: check out karan thapar’s current and old interview
he is the best interviewer i’ve ever seen
@@Comrade_YashThis is more of educational channel not some news channel where anchor will be loud ....go watch your karan tapar 😂
@@Comrade_Yash totally agree, FM should lay down logics on what plans she has in mind, at least tell it out loud that what she is doing to bring more people under tax base.
Also the sooner she understands her collecting large tax from people isnt a good thing, and does not shed light on earnings, for example one has had no salary hike in last 4 to 5 years, but his expenses including gst and indirect tax and tax due to inflation he pays has increased including education expenses of his children then this achievement of FM only means she is sucking more blood at the cost of citizens future and growth.
Any government should lean towards lesser tax collection, and more employment even if they have to provide employment themselves and bring some strict labor laws by which employees are not exploited or fired from job at will like private companies do. let them take insurance against bankruptcy and other such things to push into paying salary when it runs out of business. after all success of business is due to hardwork of employees.
look at putting more money into peoples hands than take away, they are installing hundreds of cameras for what? to hold someone for speeding - after one month, people start getting 1lks, 2lks etc as penalty to pay... expressways are meant to go fast let people travel in peace with whatever speed they want, its not like rest of the country is filled with nice roads, time saved on expressways are used up completely on the crap roads decreasing the overall journey time anyway, they just create more pain, they want to squeeze whatever money they can in terms of fine, penalty etc not have to justify on top of already tax terrorism they do
@@abhijeetkumar2204 SO WHAT?
unlike the mainstream media who try to pin down the person with their "tough questions", Ganesh hatsoff for your approach and questioning which lead to detailed and uninterrupted answering!!
pin down ? a bjp govt. person ?? which mainstream media are you talking about? the bootlicker one like pee news and jhaat tak or peepubic bharat
@harishchad. does the name Nupur Sharma ring a bell??? she was an official BJP spokesperson and was targetted for reason which still remains unanswered!!
@@bharathbhat4575 yes she was targeted but targeted by who? mainstream indian media? naah
Media is always in the pocket of politicians
Ravish Kumar and Sudheer Chaudhari are the best examples
Excellent One . Please bring law minister also in your podcast as we do not see any improvement in justice system for India . No fear of law and order, Justice system is still decades old and people wait their lifetime in hope of justice .
Glad to see this podcast, everything was articulated very well
I didn't feel like to skip a sec watched completely in a single go 😊
Thank you team Think School😊
Now only Modi ji is left to come in podacast....really waiting for such a podcast❤❤❤
That will never happen..😂
Not gonna happen 😅
Lol. Our PM is not used to give unprepared interviews..
@@CAPARTH89 "Our"? This is not Pakistan lol.
and what question should he answer? when have you heard about him heading a project. his work is vision not operation.
Wow. This was such a balanced interview. I felt like there were questions which pushed the FM asking about areas where they definitely need to do better. As well as questions which allowed to highlight what has been going well as well as future plans. This is the kind of journalism we need more of rather than shouting matches in the name of debates.
Honestly her answers were not very satisfactory, she is probably the only minister that I want BJP to replace.
@@fnamelname4146interesting! What answers were not satisfactory and why?
@@damienknight5655 One example would be the rich poor divide question asked by Ganesh(around 25 mins), she just said she don't believe it exists and steered the answer away to skills gap between industry and graduates. Also ignoring all the stats that Ganesh presented.
She should've answered why she believes it doesn't exists, also opinion on all those stats.
@@fnamelname4146 I don't think she meant it doesn't exist though.. She said that it's mainly the skill gap that's causing people to not come out of poverty.. Lot of time is getting wasted by people focusing on something they are not good at, which is leading to them not being able to find the right kind of profession to make money.. It was not steering away from the question, rather she explained using that as one of the factors. However, I do agree that, although she acknowledges it's a problem, no concrete solution is at place which is addressing this at the moment.
@@fnamelname4146 Ya, I also felt the same way about some of the question. The one about spliting the GST Difference in particular. Lets say if GST is split between the producing and consuming state, then if Kerala is being a consumer state, it would not get 10rs. but only rs.5 This would incentivize them to open new factories otherwise loose out on tax. But in the current form, it incentivizes the citizens of the states to be more consumeristic and the states to don't care much about manufacturing. Maybe i'm naive, can someone more qualified clarify this to me ?
It was around 3 years ago when i started watching think school. I have to say, you have come a long way Ganesh. The amount of knowledge you possess is just amazing and mainly how you explain it to your audience is brilliant. Keep going💯
As a CA Student, my understanding increased a lot!
Think School amazing job.
Great Insights!
This is the type of interview which should be conducted with the finance minister, focusing mainly on economy, country's revenue generation and "efficient tax collection". Nicely framed questions, well answered by FM with fantastic examples. I hope national media learns something
For an artist like me who has never shown keen interest in politics, business or finance in general,this channel has helped me understand complex topics in simple manner Kudos to Ganesh and the think school team for bringing these videos for us.
Keep making such amazing content!!!😊
kudos to u and ur team Ganesh. this is required in mainstream media. No politics, no agenda. Just talk on real issues. Keep up the good work
A perfect podcast!Questions & answers were crisp and currently much needed …..and the way of making us understand by quoting examples is also appreciable……
Great achievement
I don’t want to get BJP in this conversation, but when I hear from Nirmala sitaraman ji, Ashwini vaishnavi ji, Nitin gadakari ji and couple of others, it feels like they are educating us with every interview of theirs…I mean so much clarity in every aspect. I think we all should leave tv channels and follow few podcasts that are run by our fellow Indians….
Talking about BJP ministers but don't want to get BJP? How & why?
@@adityaandytiwari The original commenter is talking about their Individual Performance; their work not as BJP politicians but as Ministers leading the entire country.
@Yash-qr8jp yes nirmala is a failed fm.and she is guided by rbi governor ma history wala.
😂
Bjp rss destroyed ind rural economy
@@user-rx7my4zo7c Explain how they destroyed ind rural economy? Also include authentic source data.
bro only gadkari ji focuses on his work. and all othera are just good at making statements, just see their work inputs in their sectors , very little.
One of the most meaningful podcasts I've ever seen. Great job 👏
Just wanted to say thank you for making these videos, especially as someone who doesn't live in India and is not confident as speaking Hindi, your videos allow me to stay informed about about the things happening in our country.
You have come a Long way Ganesh. From making top notch business and political case studies to now making podcast with most powerful leaders of our country, you have truly inspired Greatness. Kudos to the Think School team.
This was a great podcast, she really went very deep explaining everything asked. Felt like a great teacher is explaining me how things actually work in an economy
Wow, how deep is her understanding. I certainly underestimated her, may be she never communicated her triumph, but after listening to this podcast, I am a big fan of Mam finance minister …so articulate filled with through understanding on the subject .. this is gold class
First time saw a 1hr iterview of our FM, and mus t say she has great answers for all questions!. Its not about whos right or wrong, its about putting or making people look at certain things with different perspectives, which ma'am did.
I enjoyed watching this podcast. I'm glad to see our Finance Minister articulate the exact thoughts of the Indian taxpayer i.e 'What are we getting for the tax that we pay?' resonates deeply with most Indian middle-class. I'm glad you also brought up the question about expanding tax base.
It's reassuring to know that people who run our country understand our concerns.
Ganesh, I wish you had asked her about No income tax policy (which Subramanya swamy keeps talking about) and it's pros & cons. It would have given us Finance minister's POV.
Very well answered why companies still prefer Gujarat over any other state.
It's not just about policies, it's about commitment and the positive attitude that it has to offer.
Also it is better that they invest in states with stable government so as to ensure successful completion of projects otherwise in case of unstable govt the project fails and the money might end up in corruption.
Bro, everyone wants to invest in Karnataka or tamilnadu. But when the Prime minister only gives one option that's Gujarat, That they will choose China......😮😮😮😮😮
@@rajeshshivam3619who wants to invest in tamilnadu karnataka…gujarat attracted more moi than two states so dont make fun of
@@rajeshshivam3619 you are high on weed for sure 😂😂.......or you don't have any knowledge
We have to strengthen our rich. Then only Bharath will develop. For that we collect GST from middle class and give them the pr work on the infra focused for our Richest friends. India's poorest 50 per cent pay two-thirds of GST: Oxfam
@@rajeshshivam3619 weeds on high level
Ganesh was straight to his questions but finance minister's answers were just a generalization.
Love the examples . Shows us why leadership involves understanding complex problems and the explain it to the rest in simple language and offer solutions.
Congratulations Ganesh ! This is big !
கணேஷ் அவர்களே.
உங்களின் இந்த கானொலி மிகவும் அருமையாக இருந்தது. இந்த நாடும் நாட்டுமக்களின் ஆசிர்வாதமும் உங்களுக்கு எப்போதும் உண்டு.
நன்றி வணக்கம்
- அன்புடன் ஒரு இந்திய நாட்டுப்பிரஜை
Ganesh hats off to you! Not only is this India’s best TH-cam channel - you are now proving yourself as the most capable journalist in the country 🔥🔥🔥
Keep going bro - inspiring 👍👍
This interview is PURE GOLD
From Assam
Economic literacy is what this lady needs.. rather than mumbling the words and middle-class pockets ...
The scale of questions is what the national media needs to learn from the interviewer ... big salute to you, brother....🤟
Everybody blames BJP as if inequality shot up only after 2014 when in reality, it rose the most in UPA era from 2004-14.
The reality is that no one expected anything from the previous government and now people do ask government questions which implies that we are awakening as voters and citizens
That's wrong, look at the price of commodities like pulses, etc.
that just is not true. income inequality levels in 2024 are worse than during British raj. 1% of the country holds 40% of the wealth- highest it has ever been. Modi govt had 10 years to fix this, but he just made it worse by catering to his crony capitalist friends and then taking bonds from them as his reward.
@@shomikoto7558 remember the roads, Bridges and railway station post 2014. If u don't remember I advise u to visit some 3rd world countries like Pakistan and Bangladesh for a change. U can't get everything on the platter. 1st world countries food expense is massive so is the cost of living.
If you see the gini index then it says inequality got better in the last 10 years
Beautiful interview and excellent explanations and answers by Hon'ble Finance Minister. Jai hind.
A great interview shows the competence of current govt. They are willing to answer if anyone actually wish to listen.
I am student of economics ,and believe me watching this video is like reading a whole book 👍Thanks
Please Change your book...if this information feels like whole book😂
Ganesh has always been one of the greatest interviewer. Lots of love
I am so glad that she acknowledged the fact how distorted our current education system is . The base of the economy is education and enriching the youth. I cannot appreciate enough to Ganesh and his team put this much effort to get such people on this show. Hats off to the team and keep up the good work.🙌
Big fan of mam after watching this podcast. Atleast they accept issues going in country and they have realistic approach towards problems. Like she said students can use online and offline platforms to acquire skills where as Congress is like we give them money.
key questions have been raised and answered, clarity on both sides is what is needed by the viewers and I would say this podcast has covered all aspects. This is very different from the mainstream media debates where proper reasoning has been given, instead of an hour of utter nonsense.
Our FM has given micro level excellent explanation.
"so now it is up to you to decide whether her answers were satisfactory or not" is one of the main reasons why I like this channel so much. Besides providing great content, Ganesh actually encourages us to form our own opinions rather than to just agree with everyone, is really great.
Interviewing this lady is not easy. 😂😂 Ganesh thank you and congratulations.
Excellent 👏 👏 👏 I'm so happy after watching this entire interview
Ganesh this podcast is GOATED. Genuinely good questions. Great job guys.
Amazing discussion, loved your questions, and I’m proud to have an INFORMED FM. Good work
She is ineligible for FM, failed Defence Minister. High time Modi kick her out of cabinet. Only know how to debate not run Finance of the country
I do not agree.. she must be replaced..
Yes informed FM... Informed by the party.
Kids still thinks that Ministries are actually run by Ministers. 😂😂😂
@@RDd188 she was Def weak in defence sector not like rajnath Singh who keeps growing the defence sector..
But you have to applaud that she did the best in such a volatile situation with our supply chains being choked ,our oil and gas are being targeted thnx to geopolitics, and all .
Excellent podcast. Pleasure to listen to Ms Seetharaman. All the answers were satisfactory to all the tough questions. Thank you Ganesh!!
Wow. Congratulations on the interview. So proud of you. Been following you for years now
This is the best interview of a minster I have ever seen. Respect to Ganesh and our respected finance minister Niramala ma'am 🙏
I am glad and proud of Mr. Ganesh. He has grown into a balanced and nuanced interviewer. He asked tough questions but did not interrupt the replies unnecessarily.
This was the best podcast of yours with FM Nirmala S.
The way she explained everything with examples was amazing... Hat's off to you 🙌
this was one of the best interviews i have seen of her with proper arguements aceepting loopoles and giving examples
Now that's the greatest interview with Finance Miniter. You guys have disrupted Media, hope the youth of India gets connected to it more ❤️🔥🇮🇳
This is a phenomenol interview. Her calmness and acceptance of problems truly won the heart.
Good questions, spot on and fantastically clear answers.. Mrs. Sitaraman's clarity over the taxation stuff is astounding.. Love this style of deeply technical journalism by think school.
Superb and very informative
Loved the way our Finance minister answered each and every query with ease and patience
Kudos to her as well as Ganesh
She is so clear, great FM
not great FM btw, i disagree.
i even disagree with notion of a politician holding job of FM for a country like INDIA.
there are people much more educated, much more experienced, like economists within the nation, they should be given a chance...
its so wrong. that's why China every day makes more progress than India, they have better decision makers, who makes better decisions at every turn....
good interviewer btw
@@giveaway4002China makes progress as there is no opposition that constantly does dharnas. Labor laws, Farm Laws and the bullet train is a good example. And Tata Nano is another example. Easier to blame government, and continue to promote the opposition.
First of all never compare China with India because there is a huge difference in governing and policies between the two. @@giveaway4002
How she is great FM She didn't give proper answer when people ask a question 🙄
@@giveaway4002 Lan Fo’an, the current finance minister of China joined politics right after graduating from an economics university. If I see it right, he has been a longer politician than Ms.Sitharaman. I don’t think being a politician or not being one is a criterion here. It’s about having your ear to the ground and thinking in the Indian way. Some economic theories may not work in a hugely diverse country like India and some big impactful decisions cannot be simply imposed because we are a democracy. Democracy is slow but the results are solid and accountable. If people have waited patiently for years with people like Chidambaram, it’s only fair to give her a chance for at least 10 years when she’s forthright and honest. Most of the first term of this government has been about firefighting losses from UPA. I think the next term will see some major decisions as we have now solved many issues from the past.
from my point view this is one of the best National Interest podcast, Great Job 🤩,Thanks!
Wow, thank you!
So happy to listen to such much required topics .......I really hope govt does take strong steps for the betterment of our future generation
Killing with facts, saving with politeness 👏🏻.. Really outstanding
I left India for the love of Tech. Now the grass is looking greener in India. This Govt makes people wanna believe in India in terms of progress (as it is defined today)
do not fool others...permanently come back to india and then tell to others....
Lol, you think this government is great because of the PR YOU see and the truth WE know, Live in India you'll know.
You have to make your contribution in terms of resources for next generation. Give back what you got from country. We still have citizens living in India not willing to pay tax complaining of lack of resources. This is chicken and egg. Unless we individuals listen to conscience and pay taxes or giving service in remote parts of India, it will be hard for India to become a developed nation.
@@danishzaidi221 your name tells everything danish, no need to cry, i live in india as well and my india is much better than what it was 10 years ago
@@arijit1809 haha, my names tells you everything, except everything you'll ever know about me or my background. But your mentality definitely tells everyone what kind of person tou are