Please invite Neelkanth once in month on this podcast series. His knowledge is of immense help for for all of us. Kudos to interviewer how succinctly he summarises each long answer. It's rare skill and worth learning. Please keep up the great work
Kindly repeat doing this podcast with sir..every month. Your inputs are great too. It's really educational. Also it helps us understand the complexities or all the factors which are affecting or driving growth in india's internal market. Everyone gets exports , but the internal market flow is what is important to capitalise on
Excellent podcast. Neelkanth Sir as always well on top of things... But just one suggestion, please reduce the number of editing cuts. Keep it more natural! You think it helps to keep the podcast tight, but it actually disrupts the flow of thought of listeners n viewers! Some pauses are ok... Natural! Looking forward to the next podcast with this little improvement. Thank you!
Calling state BURACRACY slow is polite way of saying 1 becomes .5 Government high taxes and wasteful subsidies has made a mess of economy and middle class life.
> 90% of the population are freeloaders! Only 2% pay taxes. The farmers are the worst...free electricity, free water, free seeds, free fertilizers, ever increasing procurement price, yet none pay a single paisa in tax. How will the country improve!?
I want Nilkant’s view on accelerating capital spending on key Government projects which are half way through by executing them 24/7 . To give an example Bengalore has metro lines as work in progress but getting executed only on daytime and the City is also experiencing huge traffic bottlenecks due to delay in availability mass rapid transport system and also due to prolonged construction of infra. Why can’t government incentivize the builders to work 24/7 as a onetime measure and will also help to accelerate Capex on already committed projects?
One question I would like to ask Nilkanth is from January 2016 to January 2024 BoJ was distributing money at -0.1% interest rates and now it's no more free. When I compare Nifty 50 PE ratio from 2016 to 2024 it's completely re-rated. Since it was free money coming in? Or am I missing something? That's not free anymore, do you see PE de rating for the Nifty?
In my opinion PE will rerate as the companies get bigger and also as the economy grows big as of previous growth cannot continue. India used to do 5.4% in its worst years of no policy. Now a little decline in government spending is causing problem.
Going by the numbers, full year #GDP growth shall be less than 6.5%. High interest rates, tight liquidity, inflation, geopolitical factors - we need to find a way to overcome all these and perform better #GDPgrowth #IndianEconomy #InterestRates #Elections #Banking #Liquidity #CreditGrowth #RBI
Nilkanth ji personal income tax are very high in comparison with the social and public infrastructure. Especially it is more grave in the metro cities. Request to pass on the message to FM.
Immediate cut in direct tax rates and indirect tax rates needed to boost consumption. Government should also work seriously to make housing, education and healthcare affordable too masses.
House and real state needed urgently look out from govt. Politician money is heavily in this sector that causes its price to go continously up, for any small/medium retailer it's almost impossible to buy any House in cities.
people are more worried about slowdown in intelligence of the stalwarts to stand up and give true picture to the policy makers, then the slowdown in economic activities..
Heavy taxation is taking its toll. Consumption has not picked up at all in last 11 years. We have hardly even had 10%+ consistent two wheelers or four wheelers growth in last decade which is sad. All growth is mainly the result of govt spending and private investments. Exports(down due to global demand and increase competition from ASEAN) and consumption(no income tax relief and low real wage growth) are the area which needs much improvement.
Very informative, but however he missed the point that most of the economic activities are moving into the hands of a few corporates, which ha resulted in job losses, unlike previously when MSME sector was thriving and the money on the hands of common man spread and assisted consumption, unlike now when most of the surplus is created by these large businesses and common man has no surus left to spend on cars, houses, restaurant visits entertainment etc. which results in poor growth.
In the last decade, our Sangie government has made our economy based on trading rather than Manufacturing, and the contribution of Manufacturing to our GDP has gone down. Today, Bajaj finds it more profitable to buy an electric press in China, put his label on it, and sell it in India. This has caused the Electric Iron factory in India to close, resulting in massive unemployment.
Please invite Neelkanth once in month on this podcast series. His knowledge is of immense help for for all of us. Kudos to interviewer how succinctly he summarises each long answer. It's rare skill and worth learning. Please keep up the great work
Kindly repeat doing this podcast with sir..every month. Your inputs are great too. It's really educational. Also it helps us understand the complexities or all the factors which are affecting or driving growth in india's internal market. Everyone gets exports , but the internal market flow is what is important to capitalise on
Fantastic podcast. So insightful❤❤❤
For me, Neelkanth words 🎉. I respect you for your honesty and integrity 🎉
Neelkanth is a gem 💎
Great insights! Thank you. Makes total sense...
Very well summarised! Good job!!
Excellent conversation. Always a pleasure to listen to Neelkanth.
Hope this soothes some frayed nerves among mkt participants😅
Thanks for the macro inputs . It gives some clarity and hope to the long term investors
Excellent podcast. Neelkanth Sir as always well on top of things... But just one suggestion, please reduce the number of editing cuts. Keep it more natural! You think it helps to keep the podcast tight, but it actually disrupts the flow of thought of listeners n viewers! Some pauses are ok... Natural! Looking forward to the next podcast with this little improvement. Thank you!
Its always great to listen to you both
My new favourite podcast❤
Calling state BURACRACY slow is polite way of saying 1 becomes .5
Government high taxes and wasteful subsidies has made a mess of economy and middle class life.
When the economy goes bad they blame bureaucracy and when the economy is going politicians take the credit.
Typical Indian system.
> 90% of the population are freeloaders! Only 2% pay taxes. The farmers are the worst...free electricity, free water, free seeds, free fertilizers, ever increasing procurement price, yet none pay a single paisa in tax. How will the country improve!?
Very insightful. Thanks for getting this podcast well before change of guards in US in January to understand likely scenarios
Great minds !!!
very informative.
I want Nilkant’s view on accelerating capital spending on key Government projects which are half way through by executing them 24/7 . To give an example Bengalore has metro lines as work in progress but getting executed only on daytime and the City is also experiencing huge traffic bottlenecks due to delay in availability mass rapid transport system and also due to prolonged construction of infra. Why can’t government incentivize the builders to work 24/7 as a onetime measure and will also help to accelerate Capex on already committed projects?
Very good suggestion, unfortunately thinking on their feet is not the Forte of our babus
TLDR: Excellent podcast! Lesser much lesser editing cuts! Keep it natural!
Modi is worried only about adani.
Nothing else.
Amazing content 👏
One question I would like to ask Nilkanth is from January 2016 to January 2024 BoJ was distributing money at -0.1% interest rates and now it's no more free. When I compare Nifty 50 PE ratio from 2016 to 2024 it's completely re-rated. Since it was free money coming in? Or am I missing something? That's not free anymore, do you see PE de rating for the Nifty?
In my opinion PE will rerate as the companies get bigger and also as the economy grows big as of previous growth cannot continue. India used to do 5.4% in its worst years of no policy. Now a little decline in government spending is causing problem.
Thanks for your comment. We shall get back to you with a response from the guest - Team Axis Bank.
Interesting and Insightful 👍
With the freebies being distributed by all parties now, I guess we r slowly but surely moving towards ubi however small. 🙏
Ubi can be done only by taxing the rich.
Not by giving freebies to adani. Ambani and iPhone assemblers to boost export numbers.
Going by the numbers, full year #GDP growth shall be less than 6.5%. High interest rates, tight liquidity, inflation, geopolitical factors - we need to find a way to overcome all these and perform better
#GDPgrowth #IndianEconomy #InterestRates #Elections #Banking #Liquidity #CreditGrowth #RBI
When QE?
Nilkanth ji personal income tax are very high in comparison with the social and public infrastructure. Especially it is more grave in the metro cities. Request to pass on the message to FM.
we support high taxes for bharat developement
@@msdadsfsxhow much tax did you pay?
Immediate cut in direct tax rates and indirect tax rates needed to boost consumption. Government should also work seriously to make housing, education and healthcare affordable too masses.
Then. Huge infra projects going on stall. Then we will go back to stagnation. Instead we have to bear it for 10-15 years
If they cut direct tax then how will they continue freebies? 😂
@@MrSatadal freebies are mainly by states. Ask them
@@MrSatadalfreebies are given by state govt from their cut . From central govt it’s oly food subsidy not money given
House and real state needed urgently look out from govt. Politician money is heavily in this sector that causes its price to go continously up, for any small/medium retailer it's almost impossible to buy any House in cities.
Nice
people are more worried about slowdown in intelligence of the stalwarts to stand up and give true picture to the policy makers, then the slowdown in economic activities..
Heavy taxation is taking its toll. Consumption has not picked up at all in last 11 years. We have hardly even had 10%+ consistent two wheelers or four wheelers growth in last decade which is sad. All growth is mainly the result of govt spending and private investments. Exports(down due to global demand and increase competition from ASEAN) and consumption(no income tax relief and low real wage growth) are the area which needs much improvement.
Unless the central government incentivises R&D, we will not be able to export any value-added product.
Here to stay
Stock market is a vishi washi economy
inflation?
Very informative, but however he missed the point that most of the economic activities are moving into the hands of a few corporates, which ha resulted in job losses, unlike previously when MSME sector was thriving and the money on the hands of common man spread and assisted consumption, unlike now when most of the surplus is created by these large businesses and common man has no surus left to spend on cars, houses, restaurant visits entertainment etc. which results in poor growth.
In the last decade, our Sangie government has made our economy based on trading rather than Manufacturing, and the contribution of Manufacturing to our GDP has gone down. Today, Bajaj finds it more profitable to buy an electric press in China, put his label on it, and sell it in India. This has caused the Electric Iron factory in India to close, resulting in massive unemployment.
TPF would be better if corruption comes down
jobless and inflation