China is not a recipe for India: Abhijit Banerjee

Nobel laureate Abhijit Banerjee said most things that China does is not a recipe that anyone can follow and were more chances that the nation took
#AbhijitBanerjee #ChinaGDP
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[@AkshayKittur]

Indian government is still ignoring the important sectors of health care and education. It is very important for long-term goals.

[@AkshayKittur]

@Manoj Sahu Agreed. But to be honest even Modi government is not doing much here. They are trying but not to the extent they should. This has been in low priority for a long time now.

[@itsME-mh6xy]

Govt is too busy in diving the nation in the basis of religion.

[@ejasahammed1681]

In Kerala education is must for every kids.Here government schools are better than most of the private schools

[@thedyingwizard4029]

@Manoj Sahu you people Gandhi family so much , that's a choice you have made. But u will realise that they have done great job .

[@yudhvirsingh9909]

@Manoj Sahu ghanta...budget for education and health has been reduced....drastically

[@puneet7768]

The first basic thing China did was to uplift a lot of people out of poverty, we should start with that first.

[@achalambiger7729]

@King Wiwuz IV Communism

[@puneet7768]

Have world class schools and facilities for poor people

[@achalambiger7729]

@@puneet7768 I agree, India doesn't care about it's future generation, all these school are absolute businesses, and this is coming from a 15 year old

[@taamardhwaj]

Stupids,china did one kid policy and that was the breakthrough

[@pb1pb581]

that's the last thing they did! lol

[@sabyasachirimpa]

You may hate Xi Xingpin with your heart's content, but he a remarkable leader, nobody in India ever can think to become like him. He is just out of the world, most magnificent leader.

[@tobacco118]

You from CPI?

[@riksinha1053]

Yes so remarkable he will destroy China hi Jin Tao and den xio ping made China what it is today they were more bent on democracy than communism xi Jing ping was their rival he is simply destroying china

[@yashrajbasan4097]

@@riksinha1053 true den Xiaoping was architect of modern china but still Deng supported one party rule

[@Angam1992]

@@riksinha1053 How is he destroying China?

[@tsushantasingh]

@@Angam1992 One thing's for sure. Xi has destroyed poor China. He has made them rich. We Indians like to whine about China because we cannot digest that we are behind.

[@sachinagrawal4816]

In short, everyone has his own journey of success. You can't be successful by copying others.

[@gokusaiyan6809]

Yeah, but India has a lot to do, to atleast catch up. Starting from ed sector.

[@kumarabhishek5652]

but what can u expect if investments in education and healthcare are abysmal in a country like India?

[@atharvatidke2264]

@@kumarabhishek5652 do you know about the city named Delhi

[@kumarabhishek5652]

@@atharvatidke2264 I put delhi as an exception bcz of delhi govt. 's effort. But even if we take that into consideration, total penetration of these quality services would be around 35% of india. Nearly 65% populace has a system which creates wasted skilled resource and reskilling of those resources are done in order to get even a low skilled job. Medical facilities should not be discusses even given the condition that govt. Hospitals are out of beds for patients to admit them and private hospitals will suck the blood out of average Indian.

[@diwakar8354]

If we are seeing some positive stuffs in others then it's good to have that in ourselves too. No doubt China is close to become a superpower, why not have a economic model like Chinese then?

[@chetanpandore]

China focus on education and prefer educated people for employment. In India, companies select least educated people so that they can work at cheap wages.

[@sonuchauhan-ne3cj]

No, its same both places. Only difference is best Indian minds leave India for better life and money. It includes leaders with great ability to manage companies amd buisnesses. Without good leaders our businesses won't perform as China's.

[@sandeeprana-yo3wm]

Are you out of your mind? Companies want people with skill, and a degree hardly contributes to that. Anyways China is a model that can't be replicated in a democracy, because of unreasonable politicization of all actions of govt, and making absurd promises for electoral gains.

[@josephj4043]

This is a bullshit comment

[@nicejokes7]

You are wrong about that. That much I can assure you.

[@smarttube936]

@sandeep rana ,. Look like u know nothing about corporate world , 95% people are forced to work under wage. They are not getting salary according to their skill, This is the main reason people leaving indian and settling abroad.

[@KulwinderSingh-jd2dn]

We invest in Hindu-Muslim.

[@allahmotherfooker5593]

Yes Mullas in masjids do that

[@AmanRishitwenty15]

@MJ Azad for pigs

[@anirudhachanda8841]

@MJ Azad do you know how China treat Muslims.....they treat them as a pig

[@happybiswas9904]

And china destroy muslim without thinking anything without taking any secular decision so that's why they are very much progressive😂😀

[@happybiswas9904]

@Saaduddin Ansari as always typical china supporter Brain washed muslim😂😀

[@tobacco118]

He is saying we should stop comparing oursevles with China, jus focus on our deveopment. China is like Sachin Tendulkar, a high benchmark but it's not possible for us to play like him.

[@ravik007ggn]

Yeah, because we have 11 players that believe they are Dhoni while actually 9 of them are Parthiv Patel..

[@rajmohan5614]

We are kholi

[@rishabh.jesani]

@@rajmohan5614 abey saale!🤣

[@ravik007ggn]

@@rajmohan5614 Pehle to theek se Kohli likh le. Aise kya ukhada?

[@thedyingwizard4029]

We can't go ruthlessly like china coz we are democracy but if politicians are honest ( never gonna happen) and they have right priorities ( same) , we can do much better. We are a young India right now , china is old

[@nagasandeeporuganti6404]

Agree or not truth is .....china is unbelievable, remarkable and outstanding country.... never in the history no nation has revolutionized the way China did..🙏 sometimes watching remarkable things will bring goosebumps kinda chillness . whenever I hear the sound china my body chills to the remarkable achievements they achieved..... Compliments from an India

[@arnavchakraborty2619]

China is very good at copying the west but yeah its remarkable.india is also potential great power but china is ahead.china has more mineral and resources

[@nagasandeeporuganti6404]

@@arnavchakraborty2619 there are many resource rich countries like Venezuela,Iraq, etc but not all countries can utilise it....even india has its own resources....but something is great about china ....i see an ants type working Nature.

[@tobacco118]

@@arnavchakraborty2619 Bollywood script mostly copied from Hollywood, fight choreography copied from Chinese. Hollywood also copied from Europeans. Latin American copied from Hollywood. Everyone copied, but it takes more than just copying to be great. Same for products. Give credit when credit is due.

[@rlai2201]

@@arnavchakraborty2619 China have copied how successful the West could be but China incorporated the values and made it even better than the West!

[@amiyaranjan5604]

Copying west? 😂 Really Have you seen sky train in west? No but you will find in china ​@@arnavchakraborty2619

[@rap3208]

China has always maintained that there is no one-size -fits-all recipe for progress. That has been what China is telling the US who is determined to export US style democracy to all nations in the world whether they like it or not. It is the reason why China never imposes their system to all those countries that they have soft power over. They recognize that what worked for China probably wont' work in another country because they have a different culture, history and midset. A nation should have a system that they tailormade for themselves.

[@samuncle5601]

India already sent athletes and official team in Beijing Olympics. India is always Western propaganda and fake news country....." America wants to make India America's gulam and puppet country but 100% Indians don't know this truth."................................There is no genocide in Tibet and Uighur Muslims. All criminal American propaganda with fake news

[@louiswu6300]

yup. agreed. there are two core things one country wanna be rich have to finish. first, a modern regime make sure an elite can be a leader, and the corruption rate should be low as well. secondly make sure everybody have STEM based education evenly.

[@louiswu6300]

@@samuncle5601 Yup. US attacks China for its sum zero mindset of economy. US is afraid of losing the dollar hegemony.

[@pangchengng9999]

Exporting US democracy, is always an excuse, the real thing behind to teach the existing government a lesson to follow what US wanted. Nakedly says, is to act hegemonic in order to protect US interests. By doing so, ten of millions innocents killed for nothing, a butcher’s job. So far UN is not able to bring justice in order. Looks back in the world history, one is able to tell the wars in Palestine, Afghanistan, Iraq, Syria, millions of innocents killed for nothing ,is a crime of atrocity.

[@keshavchandak3746]

Economists always credit education and health for better productivity. But what about a population's work ethic/discipline? I think it seriously lacks among Indians

[@rajarshibose5122]

Isn't it a responsibility of education system ?? We have to improve our education system..

[@mikepeace9271]

Chinese people work very hard for their success.

[@yydd4954]

@@rajarshibose5122 that's part of education brother

[@samuncle5601]

India already sent athletes and official team in Beijing Olympics. India is always Western propaganda and fake news country....." America wants to make India America's gulam and puppet country but 100% Indians don't know this truth."................................There is no genocide in Tibet and Uighur Muslims. All criminal American propaganda with fake news

[@baussocks]

@@yydd4954 what the fck you talking about???? You think the chinese where educated under the li xiannian or yang shangkun period???? education had nothing to do with the performance of the chinese econemy in the beginning now it has more importen but china didnt grow because of the schools.... they had alot of manufactures that didnt need skill labor

[@craumm]

If there was a Nobel prize for Economics for bringing 200mn people out of poverty, China would have had 4 more Nobel prizes than Abhijit 😅

[@pluto9870]

So China took 800 million out of poverty?

[@craumm]

@@pluto9870 1bn!

[@KingCrimson2007]

@@pluto9870 yes

[@paulby88able]

China will not get the noble peace prize. USA will not let that happening If you wanted get noble peace prize. Do what Obama do blow up Iraq with 2000 bombs drop he got one for doing that

[@nitinultron8550]

India should definitely follow china. India should have good relations with China. They will be superpower soon beating USA.

[@sukumarann3782]

Not beating the usa

[@cilbup]

China talks less and works hard. While India barks all the time with no hard work. Plus we are obsessed with feeling proud of everything.

[@l.lawliet7756]

Barks ?? Think before cmnting anything about our nation..

[@t-.-t.]

This!

[@cilbup]

"Bhonkhne wala kutta kaatta nahi" Is precisely made for us.

[@ashishpatel350]

i love the way they deal with islam.

[@allahmotherfooker5593]

@Saaduddin Ansari yeah that's why they forcing Islamic ladies to sleep with Chinese people

[@Malviya_Rajat]

But Politicians are always looking at Pakistan....

[@s.mbaqarmehdi732]

For electoral gains!

[@s.mbaqarmehdi732]

Pakistan-what congress did in 70 years-damning Muslims. Repeat

[@sasi_kumar96]

@@s.mbaqarmehdi732 they want theocracy like in Pakistan

[@gabbar51ngh]

@@sasi_kumar96 yes , congress wants that. Too bad for them that BJP came.

[@tanmoybasu7602]

@@s.mbaqarmehdi732 Abe dimag ke andhe 70 Saal galat kiya tik Hain isliye na neya Sarkar laye Hain Kuch Acha Karne ke liye naki 70 sal Ka comparison dikhaye apna galti dhakne k liye. ..journalism ko apna das banake India Pakistan khelne k liye....??? Ajeeb ho yr itna sense laga to lo thoda govt ko question Karo Naukri kab milega farmers ko double income kab milega. Workers ko ek basic pay kab milega ...har waqt congress's gomut and Pakistan dikake khud Ka hi desh ko niche le ja rahe ho....pehle ye to socho ki hum BJP congress ya or koi party se pehle ek BHARATIYA Hain...ajeeb ho yr....😏

[@maanavsharma800]

China Education budget is US $ 650 Billion per year. Which is more than India Total budget combined.

[@aryamanmishra154]

I study Physics and Math in the US. My friend is from China majoring in Math and is extremely smart, some of his work is easily beyond Undergrad level. He told me that his teachers helped with his work and I was surprised how can school teachers be this smart. He told me that his teachers had Masters or PhD in math from top schools of China and his teachers are paid very well.

[@aryamanmishra154]

I said top schools where I meant University, it's common to refer Uni as school in states. My bad

[@teeboxbox1904]

In the early years,we still can not pay more to education. To Improve step by step.

[@maanavsharma800]

@@teeboxbox1904 our preference matter.

[@tobacco118]

@@aryamanmishra154 I heard that Chinese students made up the largest pool of Phd in the US, is that true?

[@pramit7745]

*finally someone Educated on the seat* ❤️

[@rishabhratan2925]

WHICH SEAT BRO? O.o? He made the plan to improve economy and it was shown in congress manifesto. You're little late.

[@pramit7745]

@@rishabhratan2925 i mean to say....seat mean in the news seat.. Normally u will see uneducated nd ugly faced people taking about country ...

[@Iam1nsane]

@@pramit7745 What great insight did he really provide? All he said was nobody could see China progressing in 1985. What he should have said is, China is now communist in society but capitalist in economy. Which nobody saw coming. He is socialist whose economic theories are flawed. Must be pretty weak contributions around the world in economics for him to be awarded the Noble.

[@vve2059]

Yeah bongali supporting bongali

[@samikbasu2155]

@@vve2059 You didn't even eligible to support.😊

[@pakuzzzpankuzz2464]

In India... Only focus on religion.... Not in education or health 🤯

[@amritlama6355]

Nobody talks or tells the true things/right things in India because it is difficult to digest the truth.

[@harsh6980]

No hindus like to focus on the religion That's why we remain secular state But Muslims are multiple just for multiplying

[@nisthabhattacharya4854]

​@@amritlama6355 We are harrassed if we speak up now....the basic etiquettes have also left us Indians.

[@raygan777able]

That is correct. China's method cannot be duplicated elsewhere. But you can apply some characteristic from China. You have a very different social system.

[@eyasulegesse6208]

so India should Adopt democracy with Chinese characteristics?

[@raygan777able]

@@eyasulegesse6208I just mentioned, India cannot adopt Chinese way because their social structure and background differ too much. The China system seems to work well with the Chinese though. India has to find their own way but obviously their current way is not working.

[@vaibbavguptaa8910]

Absolutely true reason, China workforce skill level is much much higher than indian hence they make any product at any price for various quality which others can nit dream off.

[@victorchew151]

From the ground to space, China have surpassed the US and the Western countries.

[@saptarsimondal7653]

That is why the economic textbooks need to be rewritten from scratch precisely for the Keynesian economists who know the severe fallacies of capitalism but don't know an alternative exists, which is socialism. China has been growing by ~10% per year from the last four decades precisely because, in China, the government has the capital, whereas, in India, the capital has the government where politicians are in the pockets of the big monopoly capitals who dictates what policy would be to benefit their own interests at the expense of the masses. Let that sink in for now!

[@joem0088]

Saptarsi, have you seen the video "China is not a recipe for India" ? by Abhijit Banerjeeby, Nobel Economist. You may find it interesting.

[@eleethtahgra7182]

@@joem0088 regardless of what recipe, if lawmakers were in the pocket of big money, youd be still screwed.

[@joem0088]

@@eleethtahgra7182 Hi Eleeth, who is in pocket of big money ? India ? Because in China the central and provincial govt are the money. Nobody is deep enough to pocket them.

[@eleethtahgra7182]

@@joem0088 OP alleged it. You disagree?

[@arminius6506]

Indian government is incompetent, you give them 2X the money of Chinese government and they'll still be unable to make any remarkable difference. Chinese central government works like a corporation which try to maximize efficiency, I'm not a fan of central planning but CPC has done some exceptional job

[@desiguy5508]

India has lot of entitled people. Most people don’t want to pay taxes, don’t want to get skills, they just expect job to be handed to them because they have paper degrees or they feel they belong to certain caste/religion/race. Also once they get a job, they won’t keep their skills updated to keep it, they expect the job to be there with them till retirement. So I would say, government should stop bowing to crowd mentality, and focus on education, foreign investment, achievement based candidates in political parties.

[@ojasthengadi9681]

If they remove reservation and other scholarships. India will face even worse situation than what's going on right now

[@desiguy5508]

Jako Ick I agree with that partly. There are lot of people in India who are way below poverty line. Our main goal should be getting them out of poverty by giving them good education and food. Once they understand things and are on their own feet, why do they need reservation?

[@ojasthengadi9681]

@@desiguy5508 half of the population who take reservations is way above poverty line. Many of my friends who take reservations have a bike, a gaming laptop and pay fees of 10k in engineering whereas my marawadi friend belongs to open category and pays 2lakh fees for the same college and funny thing is his income is just above 6lakhs whereas my friends from reserved class have an annual income of 10lakh+. So I don't the problem is about poverty anymore. It's just that many people misuse their rights

[@commentatorxyz5514]

@@desiguy5508 You are right, but the government runs by bowing to crowd mentality. That is exactly what democracy is. "For the people" means "For the crowd". Not for you and me separately.

[@KamilHussainShaikh]

So Wall street predicted that China's economic policies would be held down. But China got successful. And now don't do what China has done because China is not a recipe. Ask Wall Street they have best recipe for any economy. - Noble Laureate

[@teeboxbox1904]

Kamil Shaikh As a developing countries,we should do what the developed countries have done, don’t do what the developed countries said. They don’t want new competitors,they just want to keep developing countries in low level.

[@the_number_one]

Why do you think they gave him the Nobel? So that he can say this

[@KamilHussainShaikh]

@@teeboxbox1904 But Indians are obsessed with Western mentality. Culture is incomparable, life style is incompatible but always act to be like westerners. Indians don't learn the principles, discipline, morals, values, ethics social responsibilities from the west but instead they learn only immoral culture through Movies and media. Drinking Alcohol, pubbing, nudity, Disco, movies, WTF and all. We don't even know our language perfectly but we try being smart in English. There are 100 good things to learn from developed countries but we hate them for friendship Day and valentine's Day. Indians are not even sure what is their culture, tradition and values are but keep pretending today stay relevant. India is simply facing the consequences of what it deserves. And in the hands of current stupid, irrational, deceptive and pathetically irresponsible BJP and it's Sons organisation, India is in irreversible mode.

[@cataclysmal5315]

@@teeboxbox1904 no idiot

[@pengsenglee5279]

Nobody then was smart enough to connect China to Singapore. How did Singapore become successful? Political stability, honest politician who earnestly believe in elevating the living standard of its citizen. Meritocracy practices on its diverse races and cultures that made up the country population. Very low tolerance for corruption, crime and outside interference by so call experts. Pragmatic leaders with low ego but high IQ & EQ. Not perfect but enough of good ingredients to make a success of the country.

[@ronnylim7907]

China used Singapore as it's model.

[@vaibhavhiwale]

Here we are destroying our universities..!

[@hhcdghjjgsdrt235]

Indians are excellent at daydreaming. Like India is the best of the best of the best.

[@hhcdghjjgsdrt235]

@Shreyas P potential? Everyone has potential. does India have the will ? No

[@TheAnkurp09]

China didn't started with high quality labour it was just like India 20 years ago

[@positiveattitude2178]

Start..after did..V1 comes

[@TheAnkurp09]

@@positiveattitude2178 what??

[@s.mbaqarmehdi732]

So basically India is 20 years behind China?

[@TheAnkurp09]

@@s.mbaqarmehdi732 yes China did all the reforms before entering in wto and trade agreements but India just did 30%reforms in 1991 and then stopped for 30 year

[@gabbar51ngh]

China entered WTO long before India. India's socialist policies dragged India. China is Communist only in name and practices aggressive state capitalism

[@specture9529]

Make this man a finance minister

[@subhamganguly1433]

Bro any highly educated and honest man can't work with our government.. u know 😅

[@specture9529]

@@subhamganguly1433 unfortunately

[@sagnikdeb9589]

He is american now

[@KS-jr3ko]

He is not even Indian citizen, for God's sake ! 😆 People are so impulsive, that anyone who orates well in English, are thought upon as good candidate for minister 🤦.. Nobody ever thinks, why he is saying so, at the behest of whom he's saying so, why suddenly he received a Nobel Prize, and came to comment on Indian politics.. I think nobody in India reads spy novels anymore

[@gabbar51ngh]

He's not providing any detailed argument or analysis. Mostly opinions which are just generalization. He's okay but not some genius as the comments here are proclaiming. China is a single party government. Only way to replicate them is end elections and give a single Party absolute Power. No elections allows Chinese political party to make policies for long-term decisions while in India political parties whether Congress or BJP only think about making sure they elected again. BJP is making some gains but only slightly better than Congress. In India people only chose BJP because the alternative is radical Islam and Marxism.

[@CheeKiatTeo]

Look at india after 30 years of 'development'. No drinking water, no toilets, high corruption, high pollution. I'd say they regressed

[@thebrainhacker4486]

until this fascist regime godown we dont grow.this bjp gov have proved that they dont have any clear vision or master plan for india.

[@INDIAN-rc9sh]

China and india is now in a different stage . China have 5 times gdp than india and they have high per capita income. 40 years back india and china was in same economic conditions. But now china is remarkable. Inorder to improve like china india should start from base level,we should reconstruct our education system. Youngsters are going to colleges and they are teaching us only theoretical part and not creating a skilled manforce for industries. Our politicians are not interested in booming the economy instead they only bother about religious things and spending money carelessly.

[@JkJK-pb5qm]

The only object for BJP is to win the election. Religion things are only part of their tools.

[@samuncle5601]

India already sent athletes and official team in Beijing Olympics. India is always Western propaganda and fake news country....." America wants to make India America's gulam and puppet country but 100% Indians don't know this truth."................................There is no genocide in Tibet and Uighur Muslims. All criminal American propaganda with fake news

[@swagpeach9850]

Economists is good at telling you what happened yesterday, not tomorrow. Wise words from my first year econ teacher.

[@godzillamothra5983]

well, they are like historian. But then again, who can predict future accurately?

[@PREMCHANDRA-it5gv]

Policies of indian changes with change in regime

[@chethan93]

For WSJ to predict in late 80s that China will be bogged down by communism with no growth. I suspect the reason for this might be ignorance of American Capitalist education and it's skewed perspective on growth. India and China have always been the richest and most prosperous regions for millennia. Peaceful as well. America is only seeing money for the last 200yrs and now it's entire culture is based on Capitalism. Assuming that it's the only way for prosperity, the journalists, researchers, spokesman everyone views the world through that lens.

[@pluto9870]

We were never the richest. One, larger economy doesn't equate to being rich. Two, ancient economy was a simplistic measure based on population size, not real production data as there were none. Reason WSJ got it wrong becoz they never thought communist state could transit to market economy and excel in it. Russia failed, Warsaw pact countries failed.

[@chethan93]

@@pluto9870 Exactly my point! You feel there were no production data 200-300yrs ago.. This is bcoz our history has been re-written as European History. I don't know about Chinese current education but the whole of India is studying European history! Their definition of development is skewed. If most of the population is supported by services sector they consider it to be a developed nation. Hence we feel India & China were poor.

[@arnavchakraborty2619]

China is powerful no doubt but china is also blessed with minerals.india is a potential superpower.china copied the west lot but now it is a potential superpower

[@akashverma5756]

@@arnavchakraborty2619 India is potential superpower. It is myth. India has nothing except large pseudo-educated population.

[@indiasuperclean6969]

THIS WHY IM SO LUCKY BORN LIVE IN INDIA 🇮🇳🤗, VERY SAFE VERY CLEAN ,ALWAYS RESPECT WOMEN AND WE HAVE TOILET EVERYWHERE , INDIA IS ROLE MODEL COUNTRY TRUST ME 🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳

[@JkJK-pb5qm]

Sometimes women are raped but it is their fault?

[@michaelzm76]

India says too much and does too little...

[@kunalpradhan6166]

He looks like dr house from the side.

[@prajwalbharambe343]

plz unsubscribe from librandu channels

[@AK-ud5bi]

@@prajwalbharambe343 better you watch bhakti channel

[@Uran.Khatola]

@@prajwalbharambe343 What are you doing on a "librandu" channel, then?

[@integrity2679]

@@Uran.Khatola he us adding one view and like😅

[@ManishSharma-ku7ij]

He does lol. Sadly, any comment you make these days gets you labelled "bhakt" or "pseudosecular".

[@positiveattitude2178]

When crores of Indian youths are preparing for govt jobs,youths of china are engaging themselves in innovation.. because , they know the govt..has a bright looks on innovation on technologies...where indian youths are dreaming for govt jobs so that they can uplift quality lifestyles...economy actually depends on youth, if Indian youths were dull, why the 1% indian communities in Us are much wealthier than average American...Indians are capable to compete & win..I wish that in near future Indian govt will take drastic steps so that more youths can engage themselves in innovations & start ups..Every major countries allocate more & more in R&D..u will have to follow that trends..

[@aryamanmishra154]

the 1% indians are one of the best brains of India put in the best conditions possible that's why we see that Indians are top at silicon valley. You don't see Norwegians or Finnish people because they have a very developed country from where you don't emigrate from.

[@positiveattitude2178]

@@aryamanmishra154 we have brains, we are the largest consumer markets in the world...if we serious to make opportunities for our own people , Per capita income of India will be on top out of the countries ..

[@sadiquekhan2004]

😂😂😂 what a joke "Indian government will take drastic steps for youths"😂😂😂😂

[@heydaddy2471]

Do you think that 1 percent indian from usa is same with average Indian? Most had privileged life to begin with compared to average Indian, do you know why those 1% indian moved to usa? Because india doesn't provide the quality of life us does, they have better pay, you're whining that Indian only go after govt job, but can you say there is more better alternative to that? And starting a business in india is far more difficult than in usa, forget about govt, it is even difficult to get labour job which pay 300 rupees that is 4 dollar a day of heavy work from 8 to 5,while the lowest you get in usa is 15 dollar per hours for young peoples who dont have any work experience

[@Codetutor-DemystifyCoding]

So at-least he agreed that Chinese system is like Sachin Tendulkar!! That's a pretty good compliment for China, but probably not so much for Tendulkar.

[@L_MAO_]

These peoples are needed in Indian govt... Not illeterate RSS Hindu Muslim communal politicians

[@parklilys3108]

China's economic development does not fit into any existing models predicated by mainstream economists, particularly western ones. This is reason why so many predictions do not pan out. Instead of accusing China's irrational actions, western economists should study and learn what makes China's economic development successful.

[@abcdefghij2724]

Our Finance Ministry should take advice and act upon that advice given by Economic Noble Laurette ABHIJEET BANERJEE .

[@sidharthmohanty6434]

He has only worked on development economics not all economics. His help will be taken for poverty alleviation.

[@medialcanthus9681]

Love that guy. "Most of us can't play cricket like..."

[@VibewithAsrar]

Well education , health has to apply for all the people of India irrespective of their religion . That's when the problem comes as Political leaders are shining their careers on Hindu-Muslim issues .

[@YashwantPai]

China's extraordinary growth story

[@harbinger_1984]

We do not improve basic pillars for development... Education, healthcare and Food... So how the hell are things going to improve.

[@sabugeet]

If our politicians cut down on corruption, caste politics. Things would slowly get better. Corruption in government also has to go down

[@yogawan3805]

In 2001 my Economic Teacher already mentioned that China will grow Huge. Considering China's massive population, IF China's GDP percapita can Surpass World's average GDP percapita, it's great.

[@teeboxbox1904]

Yoga Wan China GDP per capita is 10000 dollars in 2019

[@yogawan3805]

@@teeboxbox1904 I know that, China's GDP Nominal percapita is $10.100 and PPP percapita is $19.500 While World's Nominal percapita is $11.500 and World's PPP percapita is $18.800 So depends on what term, By Nominal term China's Nominal percapita still below World's Nominal percapita. And in PPP term, China's percapita already surpass World's percapita. Personally I prefer in Nominal term cause in real life world trade, is using real $ and PPP sometimes misleading to people that doesn't understand economic.

[@PREMCHANDRA-it5gv]

Tha main reason of chinese success is political stability. They dont have think, plan and contest elections every now and then throughout the year

[@sagarpreetsingh7712]

Even ,north korea has political stability

[@apogeelord7013]

@ANUJ KUMAR That's because there is only party that rules entire country, and that's CCP. A

[@ctynwbraygalm]

@@sagarpreetsingh7712 north korea hasnt opened up like china. Chinese citizens are free to leave china whenever they want.

[@guhapurnima01]

The difference is nothing but education. The great greek thinker socrates was against democracy because most people aren't eligible enough to understand what's good for them. It's the education what leads someone onto the realisation: Which government is beneficial for us?

[@Rtvi841]

Oh bro Singapore Japan

[@SandeepSingh-jh4db]

Everyone is talking about the education but no one is talking about the right education. Currently we need a education which will make our next generation technically and productively strong. We are only focusing JNU kind of education. I mean most of the students are learning politics and they are doing only politics everywhere. We need a generation who will make Apple, Microsoft, Facebook, Google kind of companies. Only Education is not important Technical Education is important.

[@anukreddi]

He just stated that economists don't know what they are talking about which is also the theme of his book, so just keep moving in the right direction, add more forms of value into the economy and people into producing them, create more wealth and choices for people.

[@cheekhenliew7628]

Singapore government also has heavy stake in their local major corporate: Airlines, Ship building, Properties, Telecom etc.

[@user-es8dx4os1d]

India cannot surpass China. As a Chinese, we think so. 1. China has strong internal cohesion, and the Chinese put national interests above their personal interests, but India does not have them; 2. China regards being invaded and colonized by the West in the past as a shame, while India still regards it as a glory, and India has lost itself; 3. Culturally, China has a truly unified language, a civilization that has been in the same line for 5,000 years, while India was a British colony that united India, and civilization and culture are not unified; certain religious cultures are the enterprising spirit that Indians have lost; 4. Equality, the reality of caste inequality in India has always existed, hindering internal unity, and the contradictions of different religions are irreconcilable. The Chinese subconsciously believe that people are equal. 5. Utilization of resources. India has entered a democratic society from a colonial society. Due to the education level of the population, it is difficult to adapt to the democratic system. The private ownership of various resources has become an obstacle to India's infrastructure; 6. Can't see yourself clearly. Indians can’t see their own strengths and weaknesses, they like to brag about themselves and show off. They have no sense of worry, and if they have a little achievement, they are complacent and forget about it; 7. Institutional issues. Emphasizing the advantages of its own democratic system, ignoring the shortcomings of the democratic system and the inconsistency with Indian culture. China is pragmatic and will not be shackled by ideology. As long as this system is conducive to the progress of the country and can bring a good life to the people, Is a good system; 8. Combatability. Indians are self-confident in the mystery, showing that they are too aggressive and making enemies, unable to get along with neighboring countries, and they think they love peace the most. China follows the principle of “do not do to others what you do not want to do to others”. Everything will be considered from the other side’s point of view. 9. Planning. China's policy is forward-looking and strives to be implemented as planned, and never changes day by day. In India, different parties have different plans when they come to power. In the end, there are a lot of plans, and few can persist in achieving it; this is also a shortcoming of the democratic system. 10. The people's hard work. The Chinese are very hardworking, not greedy for pleasure, and proud of hard work. In Indian culture, because of religious reasons, the emphasis on spiritual enjoyment is also one of the reasons that hinder India's progress. The above is just a personal opinion, if there is something wrong, please correct me.

[@JustAPokemonCommentingOnVideos]

you are right on all points except point 2 we regard being colonized as a shame too and much deeper than even the chinese the only reason we speak english is because the top beaurecrats of that time were trained by the british and spoke english and the north and south indians speak different languages and the south indians did not want to learn hindi so we decided on english as the middle ground

[@user-es8dx4os1d]

@@JustAPokemonCommentingOnVideos In 2010, didn't India also host the Games as a Commonwealth country? How is this to be understood?

[@JustAPokemonCommentingOnVideos]

@@user-es8dx4os1d thats just the govt decisions the govt is friends with UK doesn't mean indians are friends with britishers

[@user-es8dx4os1d]

@@JustAPokemonCommentingOnVideos Isn't the Indian government elected by Indians?

[@JustAPokemonCommentingOnVideos]

@@user-es8dx4os1d yes but the govt makes thousands of decisions they are going to differ with the people at some point

[@adamabdulah5881]

Its what Xi Jing Ping said .Dont rely on others.Work Hard.Nohing to do with Democracy or Cimmunist.

[@cataclysmal5315]

Lol, Communist country don't come with freedom.

[@adamabdulah5881]

@@cataclysmal5315 Asians treasure harmony first than freedom.

[@alexy6019]

@@cataclysmal5315 china have more freedom than you think

[@cataclysmal5315]

@@alexy6019 True, China definitely has more freedom than North Korea and Germany under Hitler.

[@rap3208]

@@cataclysmal5315 Do not drink the US kool aid. You ask any american what freedom means and they would answer freedom means Freedom of speech and being able to do what they want. But everyday, their police is killing at least two persons a day, their homeless population is growing, their prison population is 2 million and growing, education and medical cost is getting more and more expensive, etc. to them nothing else matters as long as they can insult their leaders and march in the streets for every little thing. You ask the chinese what freedom is and they'll answer to have a home, to have a family, to have a good job, to have a safe and healthy environment where to live and play, etc. It's a different mindset. freedom of speech is not the be all end all but just a WANT. Funny though, you try drinking alcohol in public or drive not wearing a seatbelt, between China and the US, where do you think you will be arrested. That's right... US.

[@Anand-ex7oc]

Brilliance of Abhijeet ji.🙏

[@samuncle5601]

India already sent athletes and official team in Beijing Olympics. India is always Western propaganda and fake news country....." America wants to make India America's gulam and puppet country but 100% Indians don't know this truth."................................There is no genocide in Tibet and Uighur Muslims. All criminal American propaganda with fake news

[@aerialchina2906]

To rise, India has no other way but to develop socialism with Indian characteristics

[@zachu1587]

socialism with Chinese characteridtics is actually a type of state capitalism with more flexibility as the government can define the proportion of "characteristics"

[@geechan4744]

There was no recipe except for try and work hard. China made mistakes in different aspects in the last 30 years, but it made agile adjustments.

[@engchoonkoay8973]

Definitely, China recipe is not for India. The cultural and historical difference between India and China is si different it won't work for India. The only positive way India can start off towards its positive advancement is by discarding western democracy and adopt Communism or Socialism without which India will never be able to change anything. The rest depends on the change. These are the basic criteria initially to build its basic foundation before proceeding to the next step towards advancement. Even if it succeeded in the change it will take a long time for India to formulate what is the best way and the right recipe for India as the contour of diversity and cultural traits are very different from that of China.

[@JkJK-pb5qm]

USA will not let it happen, as they know that a united India with so much talents will surpass USA soon.

[@jkking6089]

To fight poverty, first fight your corruption!

[@YuvaKishore242]

*China haven't produced a single economist who received noble like India or USA😝😝.* *Most of the time, economists can't even predict right things ex 2008 economic collapse.* *Economists were continuously telling China will collapse from last one decade*

[@cataclysmal5315]

China does not need economists to complement themselves, they have the highest growth rates compared to any other country in the west. China is far far ahead of even USA in technology, they have invented 5g.

[@JkJK-pb5qm]

Well said. One minor correction: China should have been corrupted before year of 2000 per west economists.

[@ManOfSteel1]

Instead of creating adani and ambani chinese politicians are paying themselves by keeping the banking sector under them.

[@gajendrabaghel7884]

Really

[@gooriguriya7134]

Modi is taking India down the drain, instead of focusing on more pertinent issues like economy, employment, education and youth empowerment rather they have opened a whole pandora box of irrelevant issues like CAA, NRC and religious fanaticism and communalism which would certainly wreak havoc and engender instability and uncertainty and rip apart the very fragile social fabric of “indianess” established and entrenched by its founding fathers since independence.

[@JkJK-pb5qm]

Well said !👍 Unfortunately majority of Indian population are brainwashed by BJP and their MSMs, e.g. WION.

[@anupammahato1]

Education in our country is a business, where wealthy can afford no matter what amount of intellect they have, learn from countries like Saudi Arab and Germany where the education standard is so high because it is subsidized by the government the literacy rate is way high.

[@praveenpuvvala]

Basic thing inorder to become a successful country or success person one need to be educated , innovative , hardworking , adaptive , visionary then only a person or a country can succeed.

[@Priya-ow8jw]

Lovely

[@arunsakalle7078]

......satya-VACHAN, ---Dear ABHIJIT BANERJI.

[@justsomepersononyoutube9271]

Your right

[@goblincleaver_mshm.9751]

2020 India is the most dangerous country (number-5)😑😑

[@DIRKDIGG88]

If it is recognised that health and education are the main ingredients of success Why is it that India is not doing that very thing?

[@karansingh-ez6jc]

I agree with it and I want the same.But the priorities r misplaced here.Only 1.2 percent of GDP spent on health and 3.5 pc on education. Some govt r corrupt while other govt is populist.It just distribute freebies.Less than 25 percent of budget is used for capital creation. The fact is that Majority don't have education and lack scientific temper and these very same people will choose leaders like them. When the vote bank is happy with freebies and petty politics,the rational will suffer. Thats why sane mind go outside. No culture of investment and wealth creation.

[@DIRKDIGG88]

@@karansingh-ez6jc It was a rhetorical question. I am aware of the reasons. They are what you outlined. I sincerely wish for India to succeed as that helps alleviate poverty. To solve the problem one needs to understand clearly the challenges required to fix it

[@rohanindra6401]

Because it doesn’t give votes. People value personal benefits like loan waiver, fertiliser subsidy, free laptop, govt job over health education everyone enjoys. Indians think like ask not what you can do for your country but what your country can do for you.

[@bidatana5075]

We are being big consumers of china

[@jaydendean6939]

This is the part of India I respect, honest and humble.

[@Sonu-wf8rf]

He is not economist he is social economist

[@kgmuralidharan07]

In the field of education and health government after government neglected this area specially in the rural sector. Our private education institutions maybe the schools or higher education are a mess.

[@CAP753]

Indian infrastructure can't move at desired rate as long as they don't join hands with Chinese who have a highly skilled work force.

[@forkedtongue7]

desi Chinese is a legit cuisine and delicious every time, come off it Abhijit. I am sure you know of Kolkata rolls being a bong.

[@ismeeiger5322]

different mindset, so confucian culture group can use the same recipe, but india can't adopt it and must find his own

[@3mKay]

yes, of course you can't just copy paste and expect things to go right, you need to look at what is the factor of success, for example education. Then apply it in a way that is suitable for your countries societal structure, history, cultural background,etc. You cant just copy paste democracy, authoritarian ,communism, capitalism into your country and expect it to work. You got to build a strong foundation along side the system and constantly improving to make it work.

[@eleethtahgra7182]

Elimination of corruption. Unity of value that is ambiguous enough but can be kept going for perpetuity, kinda like vision statement of a company.

[@chiman7435]

Guys, if we want to change than you are the First person, let's change

[@KamilHussainShaikh]

Have courage to at least display your name. Or "Nothing" will not change.

[@KMuse99]

China's success is based on guesses they made? And this guy won the Nobel prize? Hahah!

[@babublue69]

Truth seldom talks

[@marcoparada6652]

The truth? China was cheap for trade-offs. Now, India is cheaper. A tide will turn, soon.

[@user-es8dx4os1d]

@@marcoparada6652 Mysterious Confidence.

[@condorX2]

Found this article quite interesting. Worth sharing. The fact is China education system is built for the prosperity of China while Indian education system is built for prosperity of the Western world. 'English' language is the measurement of someone's intellectual capability in India. British left in 1947 but their impact is still in place. As someone who lived in India for 6 years, i saw many division among people in regards to culture, religion etc. Some parts like Nagaland have 'AFSPA' imposed under which military can do whatever they want to the public on the basis of suspicion without the fear of accountability. People of Nagaland are not happy and want to seperate from the mainland. This is just one example. Indian government needs to do lot of work to unite the people. British took advantage of the social division and looted 45 trillion worth of resources from India and enslaved the country for 200 years. Indians need to do work for the prosperity of their country instead of pairing up with the Americans and British against China. -Russian Roulette, •, 1 day ago Yeah China trains legions of workers, engineers and scientist to make products so that they can profit. While India trains legions of workers, engineers and scientists only for them to immigrate to US or other western countries. No wonder there are so many Indian scientists in Silicon valley. There are also high number of Doctors, Engineers and tech experts of Indian Origin in US, UK, Australia etc. What is Indian government doing wrong here? -Russian Roulette Why China is more developed than India kzbin.info/www/bejne/g5ndeql9ia15rLc 🐼

[@lalaland122]

We can't compete with China that's way chose be like counties like Bangladesh, Pakistan Afghanistan 😝😝😝😝😝😝😝. Jaihind🇮🇳

[@zameerullashariff2369]

Government Healthcare barring Delhi is in a filthy and pathetic condition and government educational institutions are in shambles..

[@JayanthFazaluddin]

INFACT....INDIAN BUSINESSES COMMUNITY STARTED LONG AGO INVESTING IN CHINA....WE INDIANS SHOULD KEEP INVESTING IN CHINA.....BECAUSE LARGEST GROWING ECONOMY....ALSO ADOPTING INDUSTRY 4.0....

[@honourlovelovelove6553]

Overpopulation, that's their recipe! Screw, screw, screw. That's all they do.

[@brandonscientia5433]

I think what has made India until now has not been able to maximize and unleash its full potential is that after independence from British, India fell into a colonial mindset, maybe from the outside India clearly has a very rich indigenous culture but in governing India is too attached to what is outlined by western culture

[@CeciliaPeng]

Life is short. It is much better to develop gradually so as to be FREE. What use is growing big, fast and strong but in CHAINS.

[@Ty-op5xr]

Maybe you should invest better in your audio quality. Full volume can barely hear

[@happiyyyy]

He looks like Jeff goldblum

[@abcdefghij2724]

There is injustice in India , Post of prime minister and home minister and cabinet minister and state minister are occupied by inefficient , incapable persons , then how could Indian economy will show growth , it is impossible until the governing persons are eligible for their respective post .

[@karumotoart5040]

India needs to create its own unique recipe. Unfortunately the current regime is working on a recipe for disaster

[@margaretneanover6066]

Trust that they may plan well too. Its,about the avenues that are planned.

[@tusharbehera8956]

Ok so they were unconventional, economists were totally wrong about them in fact they predicted the opposite, this kind of makes me feel that economists need to get their shit together and should be able to analyze the market better so that general public will gain confidence in them.

[@deepalall647]

Population Control,Education, Heathcare,Technology and Infrastructure should be our focus but unfortunately we are more focused on useless issues that only benefits the political parties and not the common people.Instead of demanding for better schools and colleges,affordable and advanced healthcare facilities, public toilets,roads and electricity we are busy becoming fools at the hands of politicians be it rightwìng or leftwing.Raise your voice and ask for a better future of your kids.Water scarcity is scary and peope suffer so much but we are not going to raise our voices for that.

[@iconoklastik]

so basically economics predictions are like astrology but we should believe in what u say ?

[@cataclysmal5315]

Astrology is not raw prediction.

[@bobbytrap283]

chaiwalo ko desh dogge toh yahi hoga high school ke baccho tak ne sou baar padha hai ki Health and Education are the core of economic development

[@taamardhwaj]

Pappu ko de de to bolo? Jisko ncc nahin pta

[@edwardtang1977]

China posseses all the virtues you would not want in your rival, or enemy. I am sorry to say Indians just don't have it.

[@drashutoshh]

I guess the one who failed is Wall Street journal in its prediction

[@syedmaricar9946]

China is China . India is India .you can't be carbon copy of other.Be wonderful in your ways.dont hurt or have phobias.

[@Walawala459]

Best wishes, whatever you do. Don't die.

[@KunalKumar-wr6jo]

Both sectors are ignored to hell in India