1. India's national debt has doubled between 2013-2019 , so definatly govt is borrowing. 2. Govt earned profit of 12 lakh crore from crude during 2014-2019. 3. Stake sale in LIC, BPCL, ONGC etc, will bring both liquidity and also cost cutting to govt. 4. Bond issues have increased over last few years. 5. 20 lakh crore package is not actually 20 lakh crore it is not even half if properly analyzed, because most of the announcement in stimulus is loans and free grains to 80 crore people ( over estimated. ) Why govt is not printing money? 1. India's credit rating will fall and FDI would flee market ( FDI is key political agenda now ) 2. To control inflation. 3. Mindset of govt to not provide direct cash assistance or free money, like the previous govt. 4. Not accepting the truth that economy is in terrible shape, and believing things would go back to normal post covid easily. Why govt should print money? 1. India is witnessing low inflation from past 4 years , now low inflation has resulted in lack of growth in income of farmers and hence there is a liquidity crunch in the market. So printing money won't raise inflation much. 2. Current problem is liquidity, and printing cash is the only way out. 3. Unorganized sector badly affected post DEMO, GST and covid, and for its revival money has to be given in hands of people in the lower ladder of the economy so that the flow of money once again return from rural to urban to govt(taxes). 4. Low GST collection, and low income tax collection coupled with covid expenditure has drained govt Treasury. So revive GDP govt should increase it's spending, which is only possible by printing money.
Agreed, and print money is rarely ever a good solution, so I'm afraid the government is making the right decision by checking monetary policy in this regard.
nikhil gupta same was the thinking of Zimbabwe and Venezuela. Printing money could be better option when your currency is as strong as dollar or EURO because of their demand in international market. Because printed money will increase cause inflation and thereby lowering value of the currency. And hence it becomes difficult to repay the loan. During this pandemic US have printed 5 trillion$ almost double the size of Indian economy and yet dollar is strong. Hence govt borrows maximum and prints minimum in order to control inflation. If inflation increases it will be disastrous as India imports are higher and it will hit its BOP.
I don't know about the authenticity of this video, since I'm novice in economic studies but I found this video informative when it comes to Macroeconomics. There you go man!👍
Man! I am sooo glad I found you. You are awesome !! I am not preparing for any exam but I will surely come here to watch every video of yours. They are Damm precise and informative. Thank you for your efforts!! 🙏
That was more clear in connecting dots , thank you so much . I wonder how can a person be so clear in explaining all subjects, this is something is remarkable.😊🖒
Very well explained. You have untangled all the reasons behind the government's many plans like economic package, vocal for local, psu privatisation. Thank you very much 🙏🙏
Govt. will collect money mainly in three ways: 1. Increase petroleum price (indirect tax) 2. Privatised the state-owned PSUs (selling the shares) 3. Privatised the coal & other Mines (selling the minerals at high price)
It was excellent...so well explained....clarified so many aspects....Please keep making such videos...Looking up to you for more such informative stuffs..!
I feel this package is financed by GOI by PM Care Fund which is donation by public. Ur way of teaching is really superb and very in depth practical knowledge received. Thanks for this wonderful video. Lots of clarity received.
no words to say sir ji !!!!!!!!!!!!!!!!!!!!!!!!!!!! you are great and well understood sir what you are mean to say, thanks a lot for sharing knowledge with crisp and clear with simple approach
I haven't any word for you seriously. I had a question sence last week and solved this in few minutes... Thanks a lot ❤️🙏. We want more in current scenario of global order.
Hyy sir it's an humble request to you please comes with more videos. Very few are like who are having such a soughted way to solve such big issues (rest are just beating the bushes) please...
Sir , you put it crystal clear how the situation is paning out , Don't you think self dependent on local things will create hinderance for developed economies , then it will be Monopoly of the Indian locals which lead to compromise on quality over price , and isn't it like substitute for imports as done before 1991 reforms , My question is that 1.Is Indian MSME and industry sector can met the demand which will be created in this time span or it will create a situation of debt trap ? 2. If dollar going to get stronger does it will help exports to get more revenue in India so not printing money and seeing local self production can be a solution but can India have that accessibility to US Market/ developed countries market and their tariffs ? I was watching your videos from last two weeks and I m very thankful you making such an amazing and simple videos which clears every doubt
Now experts are calling for public sector investments. But govt was privatising the PSUs . It will definitely increase unemployment which adds to the existing unemployment rate. It's not easy task to attract FDI in this pandemic situation since we could not do so after giving many concessions to corporate sector previous year.
This 21 lakh crore package mostly consists of credit to bussiness, msme etc , so government needs only 3%to maximum 10% of total money i.e. is 60000crore to 2 lakh crore only due to partial credit system of banks , the second announcement of providing free grains ,food etc is actually not causing any large burden to government as government has accumulated stocks of these grains over the year and the government raises the expected budget deficit from 3.5 percent to 6 or 7 percent , these budget deficit can easily be managed by borrowing , so the overall contidion is still manageable , and rbi is not going to print money anytime soon ,,, remember that india ,china are rising power(rising powers have going to be storng currency in future ) whereas us , Australia ,japan etc are anyhow managing there economy by printing money over the years ,,,,china, india and other developing nations are going to replace these countries as economic power over the next 20-40 years
Your flow full of information is rocking day by day.
Absolutely true ! There is something fishy going on !
1. India's national debt has doubled between 2013-2019 , so definatly govt is borrowing.
2. Govt earned profit of 12 lakh crore from crude during 2014-2019.
3. Stake sale in LIC, BPCL, ONGC etc, will bring both liquidity and also cost cutting to govt.
4. Bond issues have increased over last few years.
5. 20 lakh crore package is not actually 20 lakh crore it is not even half if properly analyzed, because most of the announcement in stimulus is loans and free grains to 80 crore people ( over estimated. )
Why govt is not printing money?
1. India's credit rating will fall and FDI would flee market ( FDI is key political agenda now )
2. To control inflation.
3. Mindset of govt to not provide direct cash assistance or free money, like the previous govt.
4. Not accepting the truth that economy is in terrible shape, and believing things would go back to normal post covid easily.
Why govt should print money?
1. India is witnessing low inflation from past 4 years , now low inflation has resulted in lack of growth in income of farmers and hence there is a liquidity crunch in the market. So printing money won't raise inflation much.
2. Current problem is liquidity, and printing cash is the only way out.
3. Unorganized sector badly affected post DEMO, GST and covid, and for its revival money has to be given in hands of people in the lower ladder of the economy so that the flow of money once again return from rural to urban to govt(taxes).
4. Low GST collection, and low income tax collection coupled with covid expenditure has drained govt Treasury. So revive GDP govt should increase it's spending, which is only possible by printing money.
Good explanation
Agreed, and print money is rarely ever a good solution, so I'm afraid the government is making the right decision by checking monetary policy in this regard.
th-cam.com/video/E-eLPabs_ZM/w-d-xo.html
..
Its simple printing more money is anytime better better than external borrowing.
nikhil gupta same was the thinking of Zimbabwe and Venezuela.
Printing money could be better option when your currency is as strong as dollar or EURO because of their demand in international market.
Because printed money will increase cause inflation and thereby lowering value of the currency. And hence it becomes difficult to repay the loan.
During this pandemic US have printed 5 trillion$ almost double the size of Indian economy and yet dollar is strong.
Hence govt borrows maximum and prints minimum in order to control inflation.
If inflation increases it will be disastrous as India imports are higher and it will hit its BOP.
Appreciate your efforts sir ! You r doing wonders as eco is something where we find ourselves helpless.
Keep making us more aware !!
I don't know about the authenticity of this video, since I'm novice in economic studies but I found this video informative when it comes to Macroeconomics. There you go man!👍
Use can always use common sense. Infact that's better
Man! I am sooo glad I found you. You are awesome !! I am not preparing for any exam but I will surely come here to watch every video of yours. They are Damm precise and informative.
Thank you for your efforts!! 🙏
same here
U Have a mesmerizing voice 😍and comendable teaching skill...
That was more clear in connecting dots , thank you so much .
I wonder how can a person be so clear in explaining all subjects, this is something is remarkable.😊🖒
th-cam.com/video/E-eLPabs_ZM/w-d-xo.html
Shrushti
Something about EIA draft 2020.... There are so many misconception...
misconception wtf
What misconception. It is going to ruin biodiversity. No sustainable development route has been followed by govt
th-cam.com/video/E-eLPabs_ZM/w-d-xo.html
...
@@rajatalaria и я
@@mohdatif6651 и я отметилснизился возможность востоновит активность пожалуйста поездку в Москву на работу в итоге активность
You r awesome..sir pls complete the series of India people & economy class 12 ncert
Very well explained. You have untangled all the reasons behind the government's many plans like economic package, vocal for local, psu privatisation. Thank you very much 🙏🙏
You just explained the entire problem part of the country in a brief summary, which is way appropriate !! Thanks a lot Sir
Govt. will collect money mainly in three ways:
1. Increase petroleum price (indirect tax)
2. Privatised the state-owned PSUs (selling the shares)
3. Privatised the coal & other Mines (selling the minerals at high price)
4. Providing loans to MSMEs
5. Withholding Increments & cuts in Salaries.
6. Consolidation of Banks.
@The Alchemist But government claims so therefore we have to use this reason in the answer as well.
@The Alchemist ok
Increasing the petroleum price may be quite bad idea but privatisation is a excellent one. Thanks.
Amit! Great work! Like the way you explain the things. Super like!
Amazing.. U explain very well.. You always shows a new way of thinking.. Thanks sir..
What a mesmerizing voice and astounding teaching skill and pristine voice
Loved your presentation. Looking forward to see more informative videos.
It was excellent...so well explained....clarified so many aspects....Please keep making such videos...Looking up to you for more such informative stuffs..!
Thank u so much for providing these kind of informations...
thank you.. your videos are so well put
I never thought difficult data will be this much easier to understand.thank you
Amazing explanation bro, it would've been better if you'd suggested some way out......
There is no way out !!
One of the most amazing content video sir👍👍👌
Lucid explanation 👌🏻
Hi
I feel this package is financed by GOI by PM Care Fund which is donation by public. Ur way of teaching is really superb and very in depth practical knowledge received. Thanks for this wonderful video. Lots of clarity received.
no words to say sir ji !!!!!!!!!!!!!!!!!!!!!!!!!!!! you are great and well understood sir what you are mean to say, thanks a lot for sharing knowledge with crisp and clear with simple approach
I feel really good when I heard sir's voice.
Thank you sir for a great help
Thanks for sharing your knowledge ;at end we need to be vocal for local most important thing
Awesome content. Stupendous Analysis.Thanks a lot, Sir. Please, upload more lectures.
Awesome video, never came across such concise yet loaded with immensely valuable information. Hat's off Sir. Subscribed.
I didn't watch this kind of complete knowledgable video ever.😊😊thank you so much Amit sir.
I haven't any word for you seriously. I had a question sence last week and solved this in few minutes... Thanks a lot ❤️🙏. We want more in current scenario of global order.
Truly Enjoyed these Information....make more videos like this...... Thanks
your english pronunciation is crystal clear I don't need an cc to get along with video content.
Thank you sir for making this video,now I feel enlightened.
Thanks a ton Sir 🙏🙏 highly informative video. Highly appreciated,🙏🙏🙏
Thank you sir.your teaching style is good 👍
You are best teacher I have ever go through massive respect for you sir
U gave new perspective and the way u put all the points are very much appreciable....Thanks a lot Sir !!!
Thank you very much. I owe you for all your videos.
Amazingly Amazing Sir
#geographyguru
U r doing great work bro.. helping lots of people to know about stuffs with much clarity.. cheers
Nice explanation and information useful daily.... Thanks you sir....
What a knowledgeable video. Thanks you . Sir.
Modern Indian History (1857-1947) Crash Course is highly demanded sir ❤️
Thanks for sharing valuable information 🙏🙏🙏
Sir your teaching style is best. I always see it. You are making everything crystal clear.
Hyy sir it's an humble request to you please comes with more videos. Very few are like who are having such a soughted way to solve such big issues (rest are just beating the bushes) please...
Sir can u come up with more lessons on the contemporary macroeconomics of India?
It will be a value addition.
🙏
Sir plzz start for micro and macro economic ncert like as u have done for geography
th-cam.com/video/E-eLPabs_ZM/w-d-xo.html
...
Sir, please, upload lectures on 2nd session of History i.e 1857 - 1947..
One of the most informative and well described video. Thanks for such a video
Well explained. Thank you.
Thank you sir.
Sir please do some more lectures on indian history.
👏👏👏👏👏
You are the best sir! God bless you. Thanks for your valuable information!!!
Once make a vedio on currency swap I read in the news India is swaping currency to Sri Lanka
Surely, there is immence research and hardwork behind this video, appreciate your efforts, many thanks
Sir , you put it crystal clear how the situation is paning out , Don't you think self dependent on local things will create hinderance for developed economies , then it will be Monopoly of the Indian locals which lead to compromise on quality over price , and isn't it like substitute for imports as done before 1991 reforms ,
My question is that
1.Is Indian MSME and industry sector can met the demand which will be created in this time span or it will create a situation of debt trap ?
2. If dollar going to get stronger does it will help exports to get more revenue in India so not printing money and seeing local self production can be a solution but can India have that accessibility to US Market/ developed countries market and their tariffs ?
I was watching your videos from last two weeks and I m very thankful you making such an amazing and simple videos which clears every doubt
Really you are such best tutor i have ever know 🙏
Very good information
Thank you. Very educative regards
Excellent covered and very thoughtful vedio
Thanks for such informative video with basic concepts..
You're too good. Thank you sir.
Whenever your video comes I watch it first leaving other works aside and first I like and then watch it. Thankyou very much sir
nicely explained😊
Sir 🤝✅💓 Thank you so much for explaining in detail.
Thank u sir🙏
Very well explained.....
All your videos are valuable and helpful sir, thank you very much sir for valuable video's...
I watching after Indian Stock market broke records in 2021 reaching at highest
Very informative all around .
Bank of knowledge 🙏🙋👏,
Thank U Sir 👍😊
Thank you sir. Its very informative...
u r simply superb in explaining the stuff in a simplified way sir!
Your explanation is so clear ⭐⭐
First time I could understand the economy with clarity.
Its a sad sight when even Indians stand up more than western civilisation does.
Keep going man we are with you.
In the first qtr. USA shrank by 32 %, India by 20%, as for 2nd and 3rd qtr. no figure is available. It seems no one is saying the truth.
Super Sir👌👍👍👏👏
Now experts are calling for public sector investments. But govt was privatising the PSUs . It will definitely increase unemployment which adds to the existing unemployment rate.
It's not easy task to attract FDI in this pandemic situation since we could not do so after giving many concessions to corporate sector previous year.
Nice video, explained in very simple language.
Excellent information sir....👌👌💪💪
Such a simple and great explanation. Despite being a science student got most of it. Expecting more such informative videos.
You are Amazing
@10:26 A small mistake. Reserve Bank of India has been spelled as "Reserved" bank of India. Thanks for posting such informative excellent videos ! 👍
Sir, your voice and fluency is better than many rj 👌👌👍👍
Excellent ...Very very helpful for prelims..But y r u not uploading video daily...We need it.....!!!!💐💐💐
You are awesome sir ...I love all your video...
It was very informative sir and cleared all conceptual queries
I have request to please make more videos like this sir please 🙏
Sir please make more videos on class 12 Indian economy videos(geography)
Woww i am stunned with ur explanation
Very Very informative narration. Tks for sharing with us.
Gov to borrow 12 lakh crores( external loan)
Released many bonds. (Internal loan)
Then how it impact on expenditures of gov.
Sir, your explanation is very simple..and to the point..
Remarkable teaching sir....god bless u
Best explanation ever I had’
Very good analysis.... hat off...dear
What I know is prices of laptops are rapidly increasing 😭😭😭.
...oh ... that's bad news. 😕
Work from home
@@rajatalaria You got some work that I can do ?
This 21 lakh crore package mostly consists of credit to bussiness, msme etc , so government needs only 3%to maximum 10% of total money i.e. is 60000crore to 2 lakh crore only due to partial credit system of banks , the second announcement of providing free grains ,food etc is actually not causing any large burden to government as government has accumulated stocks of these grains over the year and the government raises the expected budget deficit from 3.5 percent to 6 or 7 percent , these budget deficit can easily be managed by borrowing , so the overall contidion is still manageable , and rbi is not going to print money anytime soon ,,, remember that india ,china are rising power(rising powers have going to be storng currency in future ) whereas us , Australia ,japan etc are anyhow managing there economy by printing money over the years ,,,,china, india and other developing nations are going to replace these countries as economic power over the next 20-40 years
Yes you're right 👏👏👏👏👍
i got good knowledge thanks for imparting it
Grt...
Very very informative video sir thanks