Message for all Indians.. increase in GDP and economic growth is NOT your job or responsibility.. spend only for need and not for want.. increase in GST is NOT your responsibility.. instead of GST paying vendor.. consider non GST paying alternatives..do not feed to this vulture economic culture..
If I increase GDP what is in it for me ? What is there for my residential community ? Water supply erratic, roads dug up, bus service don't ask, street light who cares ?
@VijayKamat-y1k exactly.. remember apathy is much effective than hate..hate may be violation of legal and constitutional and our clueless idi07$ ruling over use their power over us.. apathy is perfectly legal..😎👍🙏
This country is going nowhere even in a 100 years. Only after we all die will there probably be some improvements. Seek opportunities elsewhere improving the country is not your responsibility. This country is only good if you have money, basically a retirement plan
It starts after our situ becomes like Japan when no one will be willing to join army now if we aren’t willing to go to the frontline & reproduce then them top ones will auto strt sharing the long hoarded wealth but till then they want us to gradually go
He fixed cow protection movement Triple talq Waqf bill He doesn't have time to solve problems with hindus of India rather he is more concerned about the muslims 😢
Only government doesnt lay off any of its employees irrespective of the productivity. Instead it raises income tax of all the employees of all the companies to pay government employee salary and pensions.
The problem is that the supply of software engineers is much more than the demand. After govt jobs every one wants to be a software engineer. Which is giving lots of leverage to the companies. Bhid chal bhi bahut hai is industry me.
@@NoOne-kx7zs just check the number of such jobs! Core Engineering branches suffering since decade unlike computer science who are suffering since a year or two
@combatninjaturtle there's nothing like 'core engineering ' on global level....thats a term indian college professors came up with. we are heavily lacking in manufacturing sector.... which could be our biggest...due to babuus and their endless beauracratic hurdles. IT dont need much material interaction so it grew....now it's saturated. However civil engineers with experience and skill earn wuite well. Just u would have to be willing to work in smaller areas with contractors. Although one thing is sure...... the glory of IT is never going to return...most of IT grads feom 2-3 years will be unemployed.
It's not about technology or any other business common-sense. Start-ups are bad idea of every thing. Their business models are screwed. A decade-ago hardly teenage boys and girls were valued at US$ Billionaires. Even Ratan Tata had to slog to get to the position at the time of his demise. Start-ups were and are burning someone else's cash and person who gives the money is happy because of delusional valuation. Youngsters who worked in big cities for these start-up and stop-downs were and are equally delusional.
with startups, you can never bet on them for your entire career... Working in startups can be for some quick money making for some time or a small shift in your career...but really cannot vouch on it to persist for 30-35 years of your career. Always should have a backup plan if you're working in a startup
Unclear business plans and paths to profitability, products not competitive enough, founders often IIT/IIM kids with not much experience and burning cash from their families, VCs and IIX Old Boys network. What else were you expecting?
This is one of idotic things i have ecer heard , founders is one thing it mainly depends on VC and investor pressure ... atleasts those baniya founder given jobs and alao given chance for fresher to come in markets and gain exp😂
@@ygp47 baniya is hindu jains are not hindu , seems you hate jains , because hindus dont have money making sense i guess they either do frauds or fight for rervations
@@ygp47 seems like you hate jains because your community figjting for resrvations to be backward and your community leaders are in hand with same businessman and you are jealous😂😂
On the other side, when an employee get a job in India he/she jumps often in a year or 2 for better pay without thinking much of the morale of the prior employer. Even while holding an offer in hand till the day of joining the company the HR will be praying the employee didn't send a mail he/she got a better offer... If those are justified with we are doing business so we should take opportunity then they are doing the same The US doesn't give job protection like a woman claimed here. There also its hire and fire so if u r competitive then no problem else same like India In Europe, there is a portion of the income tax cut going to a fund to protect us in case there is a job loss but its not free.. its from whole countries employees salary itself so ask yourself will u be ok if this is done in India ? Or complain again about the additional tax then.. ? Nothing ever in the world is free, including job security and health insurance even in the west... But if firing immediately in the western countries we will atleast get good severence package unlike in india where the HR threat the employee to leave else they will leave a bad remark in the experience letter.. now that is typical Indian cheap attitude
indian markets are not that great in return as expected. when see market closely people are not able to buy or use services more than once as people are still have cash crunch so u can"t expected 200% return from indian market
Huge, how did you achieve such biweekly returns? I'm a newbie and I've lost a lot of money investing on my own. Please how do I go about it, the year is almost coming to an end, how can I make profit?🎉
Hello, I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
As a beginner, it is essential that you have a mentor to help you stay accountable. In my case, Miss Luara Clarence has guided me for years and I highly recommend her. I focus on her. To be honest, I'm almost hesitant to let someone take charge of growing my finances, but I'm so glad I did.
Employees are protected in the USA LOLLL The lady (Varsha Jalan Legal Partner) has no idea what she is talking about. Companies like Google Layoff all the time without notices.
I hit $106k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
While I am in no way condoning the poor planning, if it were the case that caused the firing, but the basic premise of this video is wrong. They are expecting startups to be like govt. jobs - permanent jobs, but with 10 times the salary. This is the nature of the beast, you are paid the premium for the risk. How many have asked the question when mindless recruitments are done? Do the employees complain about the exorbitant salaries they have been hired at? How often have these employess thought if their pay is commensurate with their skills or effort put? At some point of time water will find its level and excess would spill over.
Why are they surprised? Maybe because they are new to the IT industry or just young who thought IT industry is like a good paying Indian government job. Possibly because they thought the boom will never end and they will keep living in their utopia. Anyone who has seen/ experienced the 2000 Dot Com crash and the slaughter that ensued after the crash across the industry knows whenever US interest rate rises and sustains at those higher levels, mass scale layoffs and bankruptcy happen. I was a new graduate and had experienced the massacre early on in my career. So, old veterans who are joked about in the industry know how the IT/ startup industry operates. When my son joined the industry in 2018, I only had one advice for him, keep your expenses low and save as much as possible. Don't look at your peers buying fancy cars, bags, & smartphones, they are fools who have no idea how the industry works. The industry can take you to the skies and in a matter of a second crush you down to hell.
Narayana Moorthy is one of the worst employers and a companion of Dr. Mansukh Mandaviya. Mr. Modi is relaxed about the talent in his country and many would love him to take cognizance of education and unemployment numbers in the private sector. Legislation should be used for start ups world wide - experience cannot be bought, its what one has undergone.
Don't be a consumer, rather do investment and save and create assets rather than depending on such fancy companies and jobs where neither any protection or a years compensation is available as in many European companies.
I used to remember 10 years ago working at startups were more glorified than working for a corporate job, with their whole “free food” and open space culture hype.
That's how china raised their per capita income by becoming the mfg powerhouse. The red tapism in india makes it harder to set up mfg plants. Hence we gravitated towards service industry
Principal of Cronies only to care about it’s profit then why would he care about corporate term ‘We’ and other corporate noise..so it’s contract of slavery till the slave benefits.
Overnight firing krne se pehle they send PIP notice, which bars you from any payment. Pta nai kahan se saste lawyers and experts laaye h. Bhai thoda reality ka idea bhi rakho na
Country the size of india has no option but to manufacture goods to lift the economy. Software companies could give only a certain amount of growth. The oligarchs profiting does not show growth on lower economic strata so the economy becomes stagnant as people stop buying stuff. China had a dip in investment due to trade war with usa but after suffering losses they have bent the knee to usa so now all the investments will go back to china. Manufacturing and r&d is the solution.
Non IT people need to understand that IT people dont even spit on narayana murthys company,i personally know many who boycott this company including me.duh.its a sweatshop,please refrain from entertaining boomer company ffs
If you are in IT, 1. Keep jumping company in every 1 year to 3 year and save money investing is most important 2. Figure out what is essential survival income needed and work on that target 3. Have personal life and health insurance 4.If buying house/flat ensure that the cost is as minimal as possible 5.What ever you invest in ensure it can be liquidated easily and has potential for cash generation 6. Do your own homework on investment whether it stocks or real estate. And don't trust any friend/relative for investment 7. Keep upskilling every 3 years 8. Save enough which can sustain your family for next 40years
Employees should not feel entitled to their jobs. While it's true that employers should have planned well but also no one forced the employees to apply to these companies. I am an employee myself but I can't be biased that employers are the problem. To all employees, if you know startups are risky, then simply don't apply. Upskill yourself and apply to COMPARITIVELY stable companies. Don't get attracted by high offers from startups and regret later.
Dont take layoff always as a negative, it is just another part of the career when it happens at scale. You cant control company or economy health, just manage your finances & skillset optimally.
The biggest fault with employees attitudes. They became unprofessional and start thinking they own the company or their jobs are permanent, like the government. They also start spending as if they are CEOs. The employees should have left serious bugs in technology that was clearly competing for their jobs. Learn to say 'no' to an offer and its a startup and where you employees number is below 100; ask for 2% non dilutable stake in the company. If you are employee below 20, ask for 40%. You need to grow a spine. Take the data regardless of the contract. Do your own company and let a competent lawyer who doesn't work for your old employer deal with the legalities. Lawsuits can cost and destroy a company.
@@brawlspod A light attracts moths the same way capitalists are attracted to any threats to their profits. Did Mr. Ambani make you their future CEO or their heavy duty balloon nepo son ?
@hprajwal8184 please no more laws to regulated market..... look where has it kept us... all we need is capitalism with checks on monpalistic tendencies.
I hit $106k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
Message for all Indians.. increase in GDP and economic growth is NOT your job or responsibility.. spend only for need and not for want.. increase in GST is NOT your responsibility.. instead of GST paying vendor.. consider non GST paying alternatives..do not feed to this vulture economic culture..
If I increase GDP what is in it for me ?
What is there for my residential community ? Water supply erratic, roads dug up, bus service don't ask, street light who cares ?
@VijayKamat-y1k exactly.. remember apathy is much effective than hate..hate may be violation of legal and constitutional and our clueless idi07$ ruling over use their power over us.. apathy is perfectly legal..😎👍🙏
@@VijayKamat-y1kthats what op said ...
Vote and vote wisely. Elect intellectual better people.
Yes
Mint should not call Infosys founder Narayana Murthy for interviews , his company is one among the exploiters!!
biggest exploiter.
he is a wretched rich man...shameless
Be it education system or Job market in India it's completely dirty
This country is going nowhere even in a 100 years. Only after we all die will there probably be some improvements. Seek opportunities elsewhere improving the country is not your responsibility. This country is only good if you have money, basically a retirement plan
It starts after our situ becomes like Japan when no one will be willing to join army now if we aren’t willing to go to the frontline & reproduce then them top ones will auto strt sharing the long hoarded wealth but till then they want us to gradually go
if you cant change your country, change the country
That’s a great advice
@@aditya3david देश बदलने से हालत नहीं बदलते
That's because of our regressive society.
Well there is a labor minister in India his name is Dr. Mansukh Mandaviya
he is busy in pulling hindus out of danger
😂😂😂😂😂
Job market in india is worst. Employers treat their employees like slaves.
Employees in India are also worst. Highly unskilled and very low value creation.
100%
really bro then how it companies making profit out of thin air?
@@carthicss1according to you who is a skilled worker ?
@@carthicss1everyone deserves a chance and btw it’s never enough in the modern days for the corporates. They want you to do more for peanuts
8:45 Modi should be ashamed. He won’t fix labour laws, divorce laws, legalising prenup, etc. A decade of full majority is wasted
EXACTLY. U READ MY MIND. CAN U AND I BE FRIENDS?
He fixed cow protection movement
Triple talq
Waqf bill
He doesn't have time to solve problems with hindus of India rather he is more concerned about the muslims 😢
Hindu Rashtra 🤡
Only government doesnt lay off any of its employees irrespective of the productivity. Instead it raises income tax of all the employees of all the companies to pay government employee salary and pensions.
Need DOGE in india
People barelly know their rights , even if they do justice system will make you give up and the expense following
LACK OF LABOUR LAWS
The problem is that the supply of software engineers is much more than the demand.
After govt jobs every one wants to be a software engineer. Which is giving lots of leverage to the companies.
Bhid chal bhi bahut hai is industry me.
True. Indians should stop having kids, especially UP, Bihar states
Govt or it sectors kay alawa or kismay 1 lakh per month hai.. Lakhs of job and every salary is around 50k to 1 lakh per month..
@@N7_YESwell high earning civil engineers earn way more....but that isn't a white-collar job..that most indians want
@@NoOne-kx7zs just check the number of such jobs! Core Engineering branches suffering since decade unlike computer science who are suffering since a year or two
@combatninjaturtle there's nothing like 'core engineering ' on global level....thats a term indian college professors came up with.
we are heavily lacking in manufacturing sector.... which could be our biggest...due to babuus and their endless beauracratic hurdles.
IT dont need much material interaction so it grew....now it's saturated.
However civil engineers with experience and skill earn wuite well.
Just u would have to be willing to work in smaller areas with contractors.
Although one thing is sure...... the glory of IT is never going to return...most of IT grads feom 2-3 years will be unemployed.
As someone who has had the fortune of being laid off 3 times, i can attest to this. I packed up and moved from India, best decision ever.....
Where did you shift? Is it good?
It's not about technology or any other business common-sense.
Start-ups are bad idea of every thing. Their business models are screwed.
A decade-ago hardly teenage boys and girls were valued at US$ Billionaires. Even Ratan Tata had to slog to get to the position at the time of his demise.
Start-ups were and are burning someone else's cash and person who gives the money is happy because of delusional valuation.
Youngsters who worked in big cities for these start-up and stop-downs were and are equally delusional.
no competition between coorporates, it is only the people in the bottom fighting between them.
with startups, you can never bet on them for your entire career... Working in startups can be for some quick money making for some time or a small shift in your career...but really cannot vouch on it to persist for 30-35 years of your career. Always should have a backup plan if you're working in a startup
Unclear business plans and paths to profitability, products not competitive enough, founders often IIT/IIM kids with not much experience and burning cash from their families, VCs and IIX Old Boys network.
What else were you expecting?
Most of these founders are baniyas and baniyas have huge greed. No doubt employees just goats for them
This is one of idotic things i have ecer heard , founders is one thing it mainly depends on VC and investor pressure ... atleasts those baniya founder given jobs and alao given chance for fresher to come in markets and gain exp😂
jains .. not baniyas of hindus
@@ygp47 baniya is hindu jains are not hindu , seems you hate jains , because hindus dont have money making sense i guess they either do frauds or fight for rervations
@@ygp47 well narayan murthi , lalit modi vijaya malla , all were jains right kch bhi 😂😂😂
@@ygp47 seems like you hate jains because your community figjting for resrvations to be backward and your community leaders are in hand with same businessman and you are jealous😂😂
On the other side, when an employee get a job in India he/she jumps often in a year or 2 for better pay without thinking much of the morale of the prior employer. Even while holding an offer in hand till the day of joining the company the HR will be praying the employee didn't send a mail he/she got a better offer...
If those are justified with we are doing business so we should take opportunity then they are doing the same
The US doesn't give job protection like a woman claimed here. There also its hire and fire so if u r competitive then no problem else same like India
In Europe, there is a portion of the income tax cut going to a fund to protect us in case there is a job loss but its not free.. its from whole countries employees salary itself so ask yourself will u be ok if this is done in India ? Or complain again about the additional tax then.. ?
Nothing ever in the world is free, including job security and health insurance even in the west...
But if firing immediately in the western countries we will atleast get good severence package unlike in india where the HR threat the employee to leave else they will leave a bad remark in the experience letter.. now that is typical Indian cheap attitude
To bhai income tax kis baat ka le the hain.... Tu mbs buddhi hai 😂😂😂...
We voted for this.
indian markets are not that great in return as expected. when see market closely people are not able to buy or use services more than once as people are still have cash crunch so u can"t expected 200% return from indian market
When you have to resign: 90 day notice period 🤔
When they want to terminate: No notice. Immediate. ✅
Wake up to reality
$80k every 4 weeks! I now have a good house and can now afford anything and also support my family😎
Huge, how did you achieve such biweekly returns? I'm a newbie and I've lost a lot of money investing on my own. Please how do I go about it, the year is almost coming to an end, how can I make profit?🎉
Hello, I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
As a beginner, it is essential that you have a mentor to help you stay accountable. In my case, Miss Luara Clarence has guided me for years and I highly recommend her. I focus on her. To be honest, I'm almost hesitant to let someone take charge of growing my finances, but I'm so glad I did.
Wow Wow her too Miss Luara Clarence is a remarkable individual whom has brought immense positivity and inspiration into my life.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Employees are protected in the USA LOLLL
The lady (Varsha Jalan Legal Partner) has no idea what she is talking about. Companies like Google Layoff all the time without notices.
I hit $106k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
While I am in no way condoning the poor planning, if it were the case that caused the firing, but the basic premise of this video is wrong.
They are expecting startups to be like govt. jobs - permanent jobs, but with 10 times the salary. This is the nature of the beast, you are paid the premium for the risk.
How many have asked the question when mindless recruitments are done? Do the employees complain about the exorbitant salaries they have been hired at? How often have these employess thought if their pay is commensurate with their skills or effort put?
At some point of time water will find its level and excess would spill over.
Why are they surprised?
Maybe because they are new to the IT industry or just young who thought IT industry is like a good paying Indian government job. Possibly because they thought the boom will never end and they will keep living in their utopia.
Anyone who has seen/ experienced the 2000 Dot Com crash and the slaughter that ensued after the crash across the industry knows whenever US interest rate rises and sustains at those higher levels, mass scale layoffs and bankruptcy happen. I was a new graduate and had experienced the massacre early on in my career. So, old veterans who are joked about in the industry know how the IT/ startup industry operates. When my son joined the industry in 2018, I only had one advice for him, keep your expenses low and save as much as possible. Don't look at your peers buying fancy cars, bags, & smartphones, they are fools who have no idea how the industry works.
The industry can take you to the skies and in a matter of a second crush you down to hell.
Really a sane advice I heard so far thanx a lot
How can these guys complaining about their job security when long ago the government and private were crushing laws for the labourers😂😂😂😂😂😂
Narayana Moorthy is one of the worst employers and a companion of Dr. Mansukh Mandaviya. Mr. Modi is relaxed about the talent in his country and many would love him to take cognizance of education and unemployment numbers in the private sector. Legislation should be used for start ups world wide - experience cannot be bought, its what one has undergone.
Don't be a consumer, rather do investment and save and create assets rather than depending on such fancy companies and jobs where neither any protection or a years compensation is available as in many European companies.
Even your assets are being taxed, you cant even invest anymore and get benifit out of it without handing out 50% to government
I used to remember 10 years ago working at startups were more glorified than working for a corporate job, with their whole “free food” and open space culture hype.
Thank you for this report
Maybe we should focus on manufacturing hard goods than service sector which is getting replaced by AI.
That's how china raised their per capita income by becoming the mfg powerhouse. The red tapism in india makes it harder to set up mfg plants. Hence we gravitated towards service industry
19:00 we are in no position to negotiate 😂
Imagine anchor himself getting fired that day 😂😂
revenue not returns.
I have a pokora shop outside the company i worked and i make more than the ceo of the company
Principal of Cronies only to care about it’s profit then why would he care about corporate term ‘We’ and other corporate noise..so it’s contract of slavery till the slave benefits.
In the corner somewhere, Nirmala ji is smiling
Overnight firing krne se pehle they send PIP notice, which bars you from any payment.
Pta nai kahan se saste lawyers and experts laaye h. Bhai thoda reality ka idea bhi rakho na
That click sound hurting alot in ears.
west out sources their jobs here just for the poor labour laws & lower cost of hiring
But still capitalism is what saves us from becoming Pakistan. And I'm thankful for that.
Ban VC Funding Especially the Foreign Ones, in India, and you'll small to good healthy long lasting companies.
Chaotic era
Country the size of india has no option but to manufacture goods to lift the economy. Software companies could give only a certain amount of growth. The oligarchs profiting does not show growth on lower economic strata so the economy becomes stagnant as people stop buying stuff. China had a dip in investment due to trade war with usa but after suffering losses they have bent the knee to usa so now all the investments will go back to china. Manufacturing and r&d is the solution.
So, VCs are the main problem
Noise dude the most toxic and selfish startup
Non IT people need to understand that IT people dont even spit on narayana murthys company,i personally know many who boycott this company including me.duh.its a sweatshop,please refrain from entertaining boomer company ffs
India s Feudal system is the problem
Quick bucks is all that matters 😂
Salary is like 6000 re starting
If you are in IT, 1. Keep jumping company in every 1 year to 3 year and save money investing is most important 2. Figure out what is essential survival income needed and work on that target 3. Have personal life and health insurance 4.If buying house/flat ensure that the cost is as minimal as possible 5.What ever you invest in ensure it can be liquidated easily and has potential for cash generation 6. Do your own homework on investment whether it stocks or real estate. And don't trust any friend/relative for investment 7. Keep upskilling every 3 years 8. Save enough which can sustain your family for next 40years
Employees should not feel entitled to their jobs. While it's true that employers should have planned well but also no one forced the employees to apply to these companies. I am an employee myself but I can't be biased that employers are the problem. To all employees, if you know startups are risky, then simply don't apply. Upskill yourself and apply to COMPARITIVELY stable companies. Don't get attracted by high offers from startups and regret later.
Dont take layoff always as a negative, it is just another part of the career when it happens at scale. You cant control company or economy health, just manage your finances & skillset optimally.
The biggest fault with employees attitudes. They became unprofessional and start thinking they own the company or their jobs are permanent, like the government. They also start spending as if they are CEOs. The employees should have left serious bugs in technology that was clearly competing for their jobs. Learn to say 'no' to an offer and its a startup and where you employees number is below 100; ask for 2% non dilutable stake in the company. If you are employee below 20, ask for 40%. You need to grow a spine. Take the data regardless of the contract. Do your own company and let a competent lawyer who doesn't work for your old employer deal with the legalities. Lawsuits can cost and destroy a company.
They treat us like Use and Throw things ❗
We have to show them. By valuing ourselves 💯
Congratulations India, you voted for a capitalist system. Why cry now ?
Because it is worse crying in nepotism.
@@brawlspod A light attracts moths the same way capitalists are attracted to any threats to their profits. Did Mr. Ambani make you their future CEO or their heavy duty balloon nepo son ?
China is a capitalist in disguise of socialism. Its democrazy the real problem in India.
Vishvguru 😂
Unionize.
Yeh to hona hai tha , use and abuse of good employees has created this scenario and greedy founder and indifferent VC don't help either
Long Live Labour Unions
You joking right ? Everywhere labor unions go economy collapses.
@@somewhatsanswithout them you wouldn’t have 5 day or 6 day workweeks.
@somewhatsans that's what they tell you to discourage uniions
@somewhatsans india is going to have heavenly Labour protection laws anytime soon and till then only solution is labour unity
@hprajwal8184 please no more laws to regulated market..... look where has it kept us... all we need is capitalism with checks on monpalistic tendencies.
I hit $106k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.