Dictator Rajapaksa dynasty’s fatal blunders that ruined Sri Lanka's economy, led to current turmoil

#CutTheClutter #EconomicEmergencyInSriLanka #GotabayaRajapaksa
As thousands of Sri Lankan protesters breached President Gotabaya Rajapaksa's residence Saturday, we understand how the fall of the country's economy reached this stage of total collapse. Watch episode 826 of ThePrint's #CutTheClutter dated 2 September 2021, where Shekhar Gupta explains how the situation in Sri Lanka is self-inflicted and the reason for the current crises goes way beyond monetary blunders and Rajapaksa’s Mao-style whimsicality on forced organic farming.
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Read Hiran B. Jayasundara’s article here: www.colombotelegraph.com/inde...
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President calls for implementing organic fertilizer policy despite challenges during transition read here: www.colombopage.com/archive_21...
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[@ThePrintIndia]

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[@commodusmeridius4718]

After Sri Lanka Now it's time for Pakistan Then Bangladesh after this Nepal after all of these it will be time for union of India

[@RS-yk1wu]

Those Politicians in India who are trying to put their "Bhai Bhatijas" in Govt & power structures to earn money & luxurious life style should keep in mind what happened to those Raspakashas in Sri Lanka !! Gandhis, Banerjees Prasads, Yadavas, Thakreys ,Powars etc etc BE AWARE !!!!

[@burrahhhbrr]

also the Shahs, Bommais, Scindias, (Anurag)Thakurs and many more in one powerful party. Strange how you missed out folks from 'one' party

[@regalmedia9487]

it will happen in india. no one can stop it. mark my words.

[@seafone12]

@@burrahhhbrr Shahs ??

[@RS-yk1wu]

@@seafone12 give where r his relatives are there ? and how many ? We Bengalis always try to project ourselves as Master of All Trades !!! West Bengal is a Dying State of India !! You want to reamin in past only. God Save Bengals & Bengalis !!

[@Avinashm7]

@@RS-yk1wu dumbo see the economics of every state Ask you feku why did he destroyed economy created unemployment high etc

[@manuelfernando9729]

The reason for the collapse is Rajapaksas were too focused on keeping the power more than building the country. They were great in marketing but cluless in ecconomics and finance. Since the war ended they had a wonderful opportunity to be like the Kings of Sri Lanka but they made all wrong investments thinking the general population is stupid by investing heavy in infrustucture projects like beautiful parks, roads buildings etc on high interest rates without understanding the Return on those assets without thinking of the consequences of the rolling debt etc. Also to be in power they went in the old method by making money from curruption themselves especially Mahinda Basil and Namal as they thought they can always buy votes for money and that strategy worked. Also for this strategy to work they had to turn a blind eye to their close set of supporters who were as currupt or worse than them who also stole billions from the ecconomy. This resulted in a vicious cycle of nepotism and financial mismanagement like a rolling ice ball. Basically they were playing the debt rolling game lying to the people of the actual situation of the country until covid came. That was the point their game got exposed cos the govt was following an unsustainable ecconomic policy that couldnt sustain without the tourism and foreign remittances and there was no plan B. Gotabaya got caught in the middle of all all due to his political immaturity but the main culprits are Basil Rajapaksa, PB Jayasundara and Ajith Nivaad Cabraal who gave all the ill advice to Gotabaya to not to goto IMF in 2020. If they had done that then this problem would have never come into this situation. But its good that it didnt happen cos of that happened we would have gone in the same dirty system recycle of more debt. But now its a total system reboot which is there for good or for bad but it was neccesary for the system to breakchains at one point. Now ot has happened, lets hope SL grab this opportunity to break that old currupt cycle and move into a more open transparent curruption fearing culture from future administrations due to the fear of the wrath of the public

[@sunethrabandara2123]

Well said

[@indraananda3004]

We did not need the Hambantota harbor or the cricket stadium nor the conference centre there. Yes for roads, important to reach tourist spots and grow the economy.More unnecessary major projects more money in the pockets. Indra A

[@tbj1990]

The decision to ban chemical fertilizers was also the result of an attempt to cut down on spending of foreign exchange. Not the starting point but a turning point for worsening of the situation.

[@michaeloleary2248]

I have lived in Sri Lanka for 20 years. I would take issue with you about the Sri Lankan press. There has always been very strong criticism of the government and politicians in general.

[@dhruvpandya4136]

I am not doubting you but, could you link articles against the Sri Lankan Administration on its economic mismanagement

[@hpremjit]

In general, may be, but never on particular issue specific to the president.

[@user-rb9mi4ow4c]

Aap will destroy delhi & Punjab, giving unnecessary freebie to the masses will destroy their respective states

[@cuckoonut1208]

Shekar will destroy? How?

[@meetmishra8492]

@@cuckoonut1208 he means aam aadmi party😂

[@pm6127]

He should share the interview episode when he met Rajendra chola on his voyage to srilanka.

[@gopalakrishnan9964]

Who is that

[@retrogamer9038]

Please pay attention in present 🤣🤣

[@MotoG-kf1by]

@@gopalakrishnan9964 ne golty thane?

[@gopalakrishnan9964]

@@MotoG-kf1by dai venna , Avan kalaikran da , apo shekar Gupta Rajendra chola va santhichana .... Ivar periya tamil veriyaru keka vantan , paithyam ...unakka oru sinthanai kolgai irukka , atta mantha , aduthavana golti nu kekran ... Nee lan thiruvalluvar christian nu solum pothu enga da iruntha .... Punaku manda

[@prasannadhopate8513]

Organic farming is ok as a hobby. Make a terrace garden, spend ₹ 1000 to produce few grams of “chemicals free” vegetables. You get clean conscious, feel proud about saving the earth etc. etc. But if you have to feed millions there is no substitute for chemicals - fertilizers & pesticides. PERIOD.

[@neeljavia2965]

The substitute is there.

[@rajendrajasathy4356]

Couple of things: Chemical fertilizers have to be used very judiciously, or use genetical engineered seeds. Excess use of chemicals will create cancer. Punjab did that and now there is a train name cancer train that runs through the city of Punjab. It takes all cancer patient to Delhi. You will only find cancer patients. In west universities are trying to find how to do organic farming judiciousy, there they planted some special jangali shoots that kill harmful pests. Saw this quite long back, but again this is all experimental. Even Amir khan need to see this video where in one Satyamev Jayate prog he vouched for organic farming.

[@rajonbhuyan1744]

Inflation is so high, SG has to use his old videos again and again.

[@ashwinkumar5693]

That cracked me up bro 😂😂😂

[@neutraljeevindia9104]

what your view on AAP govt giving 300units free electricity to everyone- the rich who dont need, because they can afford, the poor may need it..but punjab with so much debt need it?....Is AAp taking punjab to instability.

[@void7293]

They are taking it back to militancy..kejriwal ruled delhi where pensions and salary are given by central govt to employees..punjab will show what he can do..

[@neutraljeevindia9104]

@@void7293 the per capita income in Punjab is better than many states...so do they really need electricity subsidy? Aren't people habbit will be changed as people will carelessly use electricity....Punjab didnt even have its coal deposit, it buys electricity from other states.

[@void7293]

@@neutraljeevindia9104 yes,punjab doesn't need and even if they do for their debt/GDsp ratio they can't subsidise it..hopefully sense prevails

[@vareechankadavil4243]

If our elected leaders are enjoying everything for free what is wrong with something free for the voters

[@void7293]

@@vareechankadavil4243 nothing wrong..just that if u have 1k rupees and when u give 5 rs for 10 ppl it's not a big strain but wen u give 2 rs for 1000 ppl u need to loan another 1k rs which pushes u into debt..so it's a wrong comparison..ofc elected ppl getting many freebies should stop too..

[@paulkuruvita7447]

As a Lankan I thank you for focusing on Lanka. Your analyses are stellar.

[@Achintyanath]

Rajpaksha family was a hero when they defeated the LTTE and ended the long running civil war between Sinhalas and Tamils. Now they have become villains because they badly mismanaged the economy. Time changes everything.

[@gautamgunjan8471]

This time in UPSC 2021 Utkarsh Dwivedi secured AIR-5 and he mentioned in his blog of SG's cut the clutter. It acted as a force multiplier in his optional Political Science & International Relations. Kudos to Shekhar Sir and his in-depth analysis.

[@vishaldora8803]

What he didn't mention Zee news DNA it also helps prepare for UPSC examination.

[@123xyzabccba]

@@vishaldora8803 :Even Times now, Tv9, CNN-IBN 😂😂😂

[@worldofticktalkers1773]

So how much he is going to loot us My guess is some 500 to 1000 crores of money and lot of land

[@FullHD-ng2mg]

SriLankan Dynastic Rulers / Dictators took Billions of Chinese Loans for unviable and unsustainable projects without any transparency. Severe corruption in various projects by Dictators brought current situation in Sri Lanka

[@cuckoonut1208]

Thank you for repeating the most popular story from Sri Lanka that most of us already know about.

[@ghanshanichirag6099]

I expected this fertilizer ban thing to be the final reason That is the most ridiculous decision one can take ,this reason being the cause behind all the mess sounds absurd as well as makes a lot of sense.

[@snowmoon7385]

Hm

[@johnsonjohn8813]

not at all.. reason is greedy and lazy voters who love everything free without work... they are happy when they got fuel for 50 when indian are getting 100

[@DipayanGhosh]

Wonderful story telling, I keep waiting for cut the clutter every day.

[@onetrueindian1]

KARMA ... 1,50,000 Tamils were massacred by the present Sinhala Bhuddist facist establishment under the leadership of Mahinda Rajapaksa in 2009.... Now he is being hunted down by his own people ... All those tears, blood and pain of Tamils is seeking its price today ...

[@ululukululu450]

Love india. From ladakh, China.

[@karanpuri4298]

You completely missed reason for going organic as Gota wanted to save valuable foreign exchange by not importing chemical fertilizers and pesticides without realizing the consequences.

[@gopalakrishnan9964]

He said these things in different video , he posted a old video don't know why

[@SivanandaSaiChilukuri]

@@gopalakrishnan9964 he keeps doing that regularly these days. It's irritating.

[@RexJebamoney]

Going organic is the correct decision. However the time line was the problem. Weeding out of chemicals is a long drawn out process. Cannot be done overnight. Same issue with our dependence on fossil fuels. It’s probably going to take us another thirty years to achieve, but we need to start moving in this direction today one step at a time.

[@bhagatsingh1094]

Hard fact from Indian context: not concerned that much until Chinese incursion takes place.

[@akshayudar6398]

Sir, was demonetization a similar decision like mao’s sparrow and gotabaya’s organic farming ?

[@neeljavia2965]

Not to that extent. But it didn't achieve most of it's goals.

[@yourstruly1234]

It was the biggest blunder by Modi.. probably the only major one he did..

[@SV-wu2my]

Demonitizqation killed Mulayams, Yadavs, Naidus, Gowdas and Abdullahs with their cash drained badly and BJP won thumpingly in 2019. Similarly farming protest did not affect BJP as they captured power many states in assembly elections in north.

[@neeljavia2965]

@@SV-wu2my Demonitization also destroyed lots of small businesses and middle class' spending power. But I guess that's beyond the iq of gavar andhbhakts like you cannot get their heads out of WhatsApp forwards claiming India to be the richest country. PS:- None of the party is starved of funds as BJP has brought electoral bonds which gives everyone unlimited supply of money that too anonymously.

[@azurewolfacacian3887]

@@SV-wu2my the funny thing about this that the rich found black markets to exchange the money. so no one was affected that much. I personally know a parent of someone who did it

[@siddharthramachandran2221]

Whoever watches "World affairs" knew this week's if not months back... Srilankan emergency and debt trap

[@ASKSRIRAMCA]

Please read right side top corner

[@psr4550]

Prashant sir op

[@adityask277]

Hopefully our boy sees what's happening in Sri Lanka and does some introspection

[@sdesigan85]

womp womp he wont

[@avijitganguly7195]

Don’t expect much from Kejri..!He is still busy preaching why electricity should be free!!

[@liv4nation781]

Well, Kejriwal knows... Center will come to save him. The issues of such magnitude will happen when the center starts giving free bees, the lesser the fiscal deficit, the better. Make in India a boon that occurred at the right time. We Indians are lucky from all means; something drastic happens, which makes our country sustainable. Before 2014 was 1942 when world war II ended.

[@abhishekverma5616]

kzbin.info/www/bejne/fJXEpZKBoLx1jLM

[@SV-wu2my]

Yes. Our boys Gandhis, Kejris, Mamtas, ...whoever promise on freebies need some introspection.

[@GinzaGeorge]

Very good episode. I remember the one you did on the overnight organic farming decision in Sri Lanka. More on dictators please and such economies. There are too many floating around nowadays in families, societies, nations, and taking all of it down with them. Twisted, power-jinxed minds skew rationality for the good of others.

[@ThePrintIndia]

Hi Ginza, thanks for writing in.

[@Thoughtflux]

India's total external debt stands at $620+ billion. Payment due in 2022 is $273.0 billion. Which 43.1% of foreign reserves. Current foreign reserves is $ 590.588 billion. We may just go the Sri Lanka way. But Finance Ministry says Sab Changa Si.

[@onetrueindian1]

True ... Just a 10 Dollar rise in crude price and a weak rupee will push India to the brink in the 4th quater ... India will face the music soon ...

[@sudarshan7111]

You need to read more economics which will allow u to understand that this debt is not bad. In the case of India, the bad thing is our external debt is not as much as it can be. This external debt is not for fixing the internal issues but is in form of investment and is through public borrowing. This assures global players that the Indian Economy is well interconnected with the global markets and hence, in case of any misadventures by Indian institutions, sane global minds will have some influence. Also at the same time, it is not too much like say in the case of Japan which has 12.2 Trillion USD. This and many other factors develop confidence in the economy that Sri Lanka has lost which is why this crisis is so bad for them.

[@netavatar2826]

The household Gold held by indian citizens above 1.5 trillian.

[@Thoughtflux]

@@netavatar2826 can the govt take it if push comes to shove?

[@tamberlame27]

You realize that we have exports bringing in foreign currency right?

[@SiddharthYerramsetty]

This is a lesson to all people who think dictatorship and authoritanism is better than democracy.

[@pradipghosh1180]

SAVE , INDIA GADDAR, GADDAR, MODI

[@2945antonio]

As usual, an enlightening analysis, Mr Gupta. One thing I do not understand - SL's Parliament has 225 seats of which SLPP holds (100) and the UMP (1)and EPDP (2), and all three form he government with 103 setas, while an assortment of 15 other Parties hold 122 seats and form the opposition. The question that puzzles me is - how did the Opposition gave a free rein to the Government when it was holding 122 seats v 103 by the governing Party? More particularly in allowing the Government to amend the Constitution to induct a non elected member of the Rajapaksa clan as a Minister? Isn't that an egregious failure both of the Government and of the Opposition? Thank you.

[@pavilab09]

Rajapaksha's and other politician destroyed this miracle. Sri lankans are very strong. We can recover this situation soon. from Sri lankan 🇱🇰

[@rajsrini3208]

Only two problems : High corruption(especially selling of to Chinese) and hit taken by tourism sector due to covid. All the other reasons are

[@hpremjit]

Govt policy to convert to organic farming, it should have been gradual.... the tea productions suffered.

[@MrVijay0611]

Not exactly. There was some other Bad decisions as well which actually broke the Camels back. 1. The Organic Farming Law. 2. Subsidies for vote. This freebie culture actually made it go from bad to worse real fast.

[@nethmikawya8429]

@@hpremjit yes due to that we have to import rice..it completely destroyed agriculture😥😥

[@vatsalsingh1555]

@@MrVijay0611 This case should be good example for indian states like punjab or west bengal which gives too much freebies and not attract invstments.

[@baruasafi5880]

What about the civil war effects funded by America and India? Bottom line neoliberal policies.

[@sibinmathews4239]

If possible please talk about - the path they can take to take a way out of this mess. It would be nice if you can sight examples from the past that when tiny countries like srilanka found themselves in a similar predicament. Some may have wriggled out of the mess while some may have gone down the hill.

[@RoodeMenon]

To be honest I never had Sri Lanka on my mind until recently when I watched a travel vlog from a channel I follow and.... it didn't end on a positive note and that guy had to leave. Thanks for making the country's economic issues very clear and understandable.

[@rum81]

Can you share vlog channel link

[@RoodeMenon]

@@rum81 No.

[@rum81]

@@RoodeMenon ok

[@kishorekhot]

Thank you for clearing the clutter on the Sri Lanka economic crisis

[@larryd786]

Similar to Shri Lanka, Some of Indian states are heading into economy crisis. Can you please do an video on that issue before India becomes next Shri Lanka.

[@reganjoans]

Why states? Also cow belt is in pathetic state than cherilanka. Keep stealing GST from TN to feed this list world cow belt!!

[@abhishekverma5616]

kzbin.info/www/bejne/fJXEpZKBoLx1jLM

[@akshay_wakodikar]

@@reganjoans not from only Tamil Nadu

[@reganjoans]

@@akshay_wakodikar What the difference? Stealing for pappans is birth right. State should collect its own GST!!

[@letsthink2819]

@@reganjoans South India should protest or warn the union for a split for this injustice

[@SV-wu2my]

SG Sir, Europe is generally politically correct? What are you talking about. Europe in deep trouble, selling half their industries to Chinese.

[@badidea6281]

Where did u find this shithole news that Europe is selling their industries????.....Europe major industries are service based, u don't sell them....it's Serbia(former Soviet satellite state) who are being cosy with the Chinese and Serbia is not a big player nor they have much of a influence in Europe. Sorry mate but ur source is bullshit

[@jaikishanbhargav4162]

Isn't elected dictatorship comparatively easy to get rid of as compared to military dictatorships and religious dictatorships? People can make them run away. We have seen this in Sri Lanka. Military dictators and religious dictators hardly leave the space till they are alive. A perfect mix of elected dictatorship and religion might turn out to be more dangerous for a nation as compared to all other kind of dictatorships. In Sri Lanka, the Rajapaksas did try to blend religion but appears to have failed which can be seen from the fact that Rajapaksas supporters appears to have just vanished. Political supporters can do so but not those who are political supporters on religious lines.

[@anukanisetti]

modi succeeded in creating a religious dictatorship

[@yourdaddy4093]

Sri Lanka m maa chudao ab🤣🤣🤣🤣

[@chothazonienu3836]

Kudos to you. We got to know first the seriousness of what is going in Sri Lanka from you

[@GKganesan]

Excellent. I enjoyed it. And learnt a lot!

[@ssd7853]

Lesson- Don’t experiment with farming. Jai jawan, jai kisan 🧑🏾‍🌾💪🏻🇮🇳

[@neeljavia2965]

Nope

[@mosquedasam]

I really enjoy your channel. Been a while.

[@akshaymisra362]

i love following your channel and have done so for many years my one complaint though is that you have not focused on indo japanese relations, in fact you have somewhat down played it now with shinzo abe’s shocking and saddening demise , the great ex PM of fascinating Japan deserves an episode and ode if you will my humble request sir

[@vends919]

Chinese will turn off the tap, and turn on the screws

[@akshaymisra362]

@@vends919 this is why an indo japanese alliance is so important … Abe san was a great visionary and a true loss to all of us

[@paddysubramaniam1481]

With help from the Chinese, Gotabaya Rajapaksha has fled Sri Lanka and left it in shambles.

[@bhawaniloganathan5962]

Turning to organic farming overnight is disaster - a high school student in Sri Lanka knows this fact. However, an 'ex-soldier turned Head of State' by war victory, lost his head with power and arrogance that was brought in!!

[@ambreshpatil9032]

Actually not impressed(this is rare) by the word used discovery as I remember this cause of organic farming leading to economic crisis in Sri Lanka was well mentioned in one of the studyIQ channel video long ago.

[@sword7872]

Yes this cause was out long ago but shekhar has a bias against china and used to blame china for the collapse of SL. Telling the Mao story here shows how he will always try to tie a negative china angle even though that was 70 years ago and not relevant to SL.

[@_abhishekmj_]

Nice analysis. But can you share what's now nd what's next and future on this ??

[@talalaliraza6429]

I am from Pakistan and I really enjoy your opinion. Stay blessed and happy now and always

[@shubhendrachauhan]

I was waiting for this video

[@vareechankadavil4243]

Dear SG can you please do a Cut the Clutter mentioning the merits and demerits of demonetization

[@abhimanyu1421]

Excellent analysis. That cheap shot about compost was hilarious!

[@ThePrintIndia]

Hi Abhimanyu, thanks for your feedback.

[@heater165]

When demand for dollar goes up the currency appreciate. Can you please elaborate on this in one of the episode. Who decide how much increase in demand would increase the value of dollar by delta y.

[@RiziIshan]

Why Sri Lanka fell was having the wrong people at the wrong places . Our reserves were drained because we had a charted accountant as Central Bank governor in place of an economist who was yes man . Wasted the reserves trying to artificially hold the usd

[@brainymandar6]

Sri Lanka Organic farming = Demonetisation in India. Can you see the parallels. 🙂.

[@TheBakor]

Nope

[@brainymandar6]

@@TheBakor Bhakt can never be rational.

[@sid8285]

Indian economy recovered from the demonisation impact. But Sri lank Organic farming policy led to the current dire state. So both are not comparable. Hence no parallels.

[@dogeimations9255]

You guys find modi parallels in everything, how delusional can you be

[@dogeimations9255]

All those harping about "iNdIa Is gONna eNd uP lIke SrI lAnKa" have little understanding of the actual situation kzbin.info/www/bejne/kIq5ZIt5l9BohrM

[@Joseph-zg7vs]

You know what SG ji even old episodes always feels like the new ones.

[@sureshbhave9992]

I am really surprised that Indian government has decided to encourage organic farming.

[@prashantsingh8045]

Organic produce will fetch more price. However it should be done slowly.

[@paddysubramaniam1481]

Sri Lanka became a banana republic when Rajapaksha family ..7 of them put themselves in positions of power to rule the country. When families start looting the national wealth willy nilly the nation and its people had to see this day.

[@afreenu1656]

Thanks for doing a video on Sri Lanka.

[@krishnachaitanya3105]

I am more keen to know about the “Rasputin of Rajapaksas “!! They took his valuable advise and built a huge port at hambontota only to lease it out for a century . And again they listen to him and banned pesticides without calculating the loss of yield … Who’s this mysterious advisor who made the “Rajapaksa family his mere puppets” and made their country plummet into chaos ? Is he a Monk, or an Astrologer or a Chinese agent ? Who the hell is he ??

[@economicsroom1011]

There is some leader who controls and holds positions more than Rajapakse. The well famous bond scam and easter attack happened during other leaders' times. Under Rajaapakses', the security is well secured and the best economic growth (9.2% in 2012) was recorded during Mr.Mahinda Rajapakse's time. In his time, people can buy a car by paying 100k on a leasing plan. They are the great leaders who built up Sri Lanka in all ways and ensure security in the region/sea around. Their departure will create a lot of issues that are very common in developing countries. The current president runs only last 02 years and secures Sri Lankans by nicely controlling COVID with a very low death rate and providing 03 vaccines in line with developed countries. Going organic is because of the reduction of imports and evacuation of price hike in fertilizers in the international market apart from green agriculture. This decision is consulted by experts. Tea exports are not affected and please check the CBSL report. The issue is.... simply ..... Sri Lanka's trade deficit is covered by tourism and worker remittances. that is lost due to the covid. and at the same time, it increases oil prices, which again increases the trade deficit which can not be covered due to it losing its access to the international credit market. That is the reality.

[@jayaramanganapathi9385]

Brilliant inputs by SG well in advance.

[@inuwooddog3027]

True. Democracy and Dictatorship are not the opposite of each other. You can in fact elect a dictator.

[@arjunps6776]

I have read about the storming of the Bastille on 14th July 1789 in Paris to start the French revolution. Sri Lankans who stormed the presidential palace recreated the storming of the Bastille in the 21st century. Never take the hungry and angry masses for granted.

[@t5ruxlee210]

The Bastille Prison held zero prison inmates on that occasion.

[@arjunps6776]

@@t5ruxlee210 Presidential palace in Colombo too held zero president when it was stormed 😂

[@aakashagarwal6091]

Our dictator decided to demonetize...🤣

[@jagadeeshrangas]

Sir you have not mentioned anything on china blunder, contributing to Srilanka situation. Also, is India on the path to dictatorship due to weak opposition?

[@johnsonjohn8813]

india booted out such corrupt dynasty in 2014.(ya few states still ruling with such dynasty ) .what you assume is your wet dream as india becoming like srilanka..

[@PK-tq4ms]

Sad to hear the situation in Sri Lanka.Hopefully, the problem gets over soon. People make fool of themselves by getting into dynastic mode like we have at State level. Corruption takes over interest of the country and people.

[@thangamani3983]

SL's problem is not because of dynast rule, but because of divide and rule, like what BJP is doing in India. People get the government they deserve and they deserve what they get. Best example: India.

[@rajendervallapureddy1564]

@@thangamani3983 ok great nothing to do with freebies and subsidies.

[@thangamani3983]

@@rajendervallapureddy1564 India's economy ruined because of Rafael, Coal, Pegasus, and indecisive rulers. BJP should be ashamed of bringing India to such a stoop level.

[@rajendervallapureddy1564]

@@thangamani3983 right you should be our next RBI governor.

[@azurewolfacacian3887]

@@rajendervallapureddy1564 when you can't win an argument then the same response always "you should try doing it then" 😂😂

[@satyaranjansarmah357]

our media doesn't talk about SL, bcoz then they also have to talk about the reasons behind it and BJP will be in trouble.

[@yuribezmenov7979]

O accha

[@sashankshukla7722]

Beautifully narrated

[@cnvramamoorthy8358]

North news media always not giving importance to southern state / srilanka news

[@cuckoonut1208]

Non Hindi speaking states is not India to them.

[@anoopjaiswal7969]

Is srilanka is our southern state? AND put ur glance once again.

[@cuckoonut1208]

@@anoopjaiswal7969 Wtf did u say?

[@hillolbharadwaj2310]

Why no mention of China? Greed of the dictator should also be highlighted.

[@rajendrajasathy4356]

Sirji, please restrict your videos to 16 mins, then you will be able to reduce duplicity, and unnecessary info/explaination.

[@cuckoonut1208]

Some of us play this while doing house cleaning or having lunch, the length is perfect. So..stfu.

[@vidhyashankarl5189]

Simple and clean explanation as always.

[@lakshmesheelasundar1208]

About six months ago you already did an episode on organic farming ruining Sri Lanka economy. Don't you remember? That point was covered only in CTC. Rest said covid is the reason for the economic problem. Even before all these analysis came you did an episode on organic farming and economic ruin. Surprised you have forgotten that!!! Check CTC 937.

[@dreamsofadaffodil650]

Can we take a moment to heartily appreciate the Sri Lankan society. Its unbelievable to see an apparently leaderless mob behaving so highly civilized. I'm amazed to the core, and wondering what would happen if this would be some other Asian country 😱😱😱 Your society, regardless your corrupt leadership, dear Sri Lankan, is worth preserving; particularly in the present times of chaos and selfishness around the globe. I see all over the television people visiting Presidential palace in excitement, but not in frenzy. There maybe certain little disorderly action, but mostly its peaceful. In a country where people are starving, its surprising to see them just eating and preparing, only little snatching of food. Here people found 17 million rupees in Presidential palace and handed over to police. 👏👏👏👏👏 Remember, how American acted last year, when they vandalized their White House????I can go on in praise, because as a student of history I know the worth of seeing such civil people still neighboring around. I pray in earnest that you people very soon find true leader among yourself to run your beautiful country. And also I request the world community to come forward to help Sri Lankan people from this sad crisis. Love from India 🙏🙏🙏🙏🌷

[@marlinthaya6438]

Such a hearty comment! Thank you

[@jyatimali2033]

True. People brought their families too. Looks like some picnic or carnival

[@88dkith]

Thank you for the beautiful comment ❤️

[@snowmoon7385]

Seriously?

[@padmalochanbehera1745]

Well explained...thanx Sekharji.

[@appandairaju5165]

Doesn't this sound like the situation in a larger country,it's identical you are naming Gotha as a doctor but people in your close vicinity are not named the same , I can quote so many instances decision was made in jiffy without consulting the experts in that field, you are either biased or too scared.

[@TheArb6]

Sir, you were so close to adding "de-mon" to the list

[@tgramachandran5125]

I do feel that you have to SHORTEN your presentation to the vitals of the subject so that more people will see till the end-I think 15-20 minutes is the IDEAL.You could have given a passing reference of the countries who are waiting to go bankrupt.

[@noorfarhana1712]

Correction - one dollar 💲 is Srilankan rupees 380/- approx at the moment.

[@dayasamaranayake6238]

Now, now, now ........ when was this programme done ?? On 10th July 2022 OR 2 Sept. 2021 ?????????????

[@8625gaurav]

Shekhar thank you for you efforts...

[@sunnygrack5691]

Guptaji! you have mastered the art of ignoring the Important issues and spinning the important issues.

[@kanishka__]

before the crisis, 1 dollor = 196 SL rupees toady, 1 dollor = 363 SL rupees we afraid that it will hit 500 rupee for 1 USD

[@akshayarawat]

Thanks!

[@ajiththomas3260]

The Rajapaksas seem to be modern day Tughlaks Can't say entirely man made The loss of foreign exchange due to lack of tourists pandemic induced is real But the captains of the economy should have anticipated this and taken corrective measures earlier And not wait for this disaster to happen

[@viktorcalais3722]

ANTICIPATED COVID 19 AND TAKEN CORRECTIVE MEASURES? WOW.

[@ajiththomas3260]

@@viktorcalais3722 Anticipated lack of foreign exchange U dun-- WOW

[@jayvidhun6988]

I don’t understand, you have spoken about this organic agriculture issue extensively on a previous program but this time seems like you’ve not heard of it before.

[@prajwas2004]

It is sad that countries like India and China that want to be recognized as superpowers are not able to help a small country like Srilanka. "We want to show the world we can match the west" .... time to walk the talk

[@buhumiputra.641]

Your analysis in Sri Lanka is fair. Yes. Sri Lanka government is bankrupt but people's moral is very high.

[@ramakantchaudhary5323]

Excellent analysis

[@t5ruxlee210]

Sri Lanka was run for decades like the fool with a credit card who maxes it out every month and makes the minimum payment permitted when the bill shows up later. Whoever sold him on the idea that stopping modern agricultural practices and going organic would somehow be "a smart something for nothing bonanza to preserve scarce foreign exchange" must have been quite a talker. Too bad the "Breatherians" did not get in first to present their answer to the big problem ? The idea that importers/ traders should be the only ones assigned to eat the huge foreign exchange losses caused by a massive devaluation resulting from government incompetence also has a certain unworldly logic to it.

[@cuckoonut1208]

Ah... me in my 20s.

[@jobyjoses]

What about indian dictatorship? Who implement there policy in night without any discussion or debate……

[@suryanarayanajagarlapudi8672]

Gotabaya is wearing a gold Rolex watch.

[@bishalkumar-dd5ly]

These points might be new for you but we already knew all these factors before you covered it.

[@cuckoonut1208]

I didn't.

[@_abhishekmj_]

It wud have been better if he had mentioned what's future of this ?

[@AvishekBhattacharya_Drazile]

Excellent analysis Shekhar sir 👏 As a post-1991 born, it is all the more interesting to first-hand observe the attributes of License-Raj India and having partial current account convertibilty. Add to that, food insecurity of 1960s! Would be keenly watching what is the next step of Lankan Govt.

[@ThePrintIndia]

Hi Avishek, thanks for writing in.

[@AnkhArcRod]

Dear Shekhar Sir, Wion talked about this several months back. But, der aae durust aae.

[@eruthayamarythiagarajah8960]

We Sri Lankans want a new country with more universities and good leaders in the future.

[@ravieze]

Actually, kind of a feedback, If you can rehearse your talks then you can cut down the video time by 1/2. A lot of words come out which can be just cut off saving video time. You may not care. But just saying.... By the way the videos are super informative.

[@mohitck]

When SG reposts an older cut the clutter for an ongoing problem should we take it as that SG has nothing new to say about it?

[@Viklaunceston]

Small correction, Rajpakshas were elected by people, not dictators!

[@jyatimali2033]

Really good programme, but you cunningly missed the point that tourism in SriLanka before covid was already drastically fallen down due to the Easter bombing by the dzhihadis.

[@devotionalhymns845]

I got more clear explanation in Gravitas Palki Sharma and much earlier than this channel. It's plain rambling no clarity in this channel

[@jyatimali2033]

@@devotionalhymns845 yes

[@chellappaasirvatham2486]

As usual taklu mamma will defend his masters.......India is also heading the Srilankan way the latest being imposing gst on hospitalization.

[@sanjay59741]

The difference between India and Sri Lanka is in India 35% would never turn their back on Feku chacha. Plus, Feku chacha would crush such insurrection with military before they blow up to be a force.

[@chellappaasirvatham2486]

@@sanjay59741 Very true......

[@raiabhinav1]

You do realise that one of the contributory factors was non-collection of requisite amount of taxes in Sri Lanka? Gst on hospitalisation can be argued on ethical grounds, but how is it relevant when discussing Sri Lanka?

[@chellappaasirvatham2486]

@@raiabhinav1 The Government is just interested in their targets and not concerned about people interest. They are not even thinking about to control price rise and recession. Those who money does not even bother about this alias the same case i Srilanka.

[@orunabho]

One of the best from SG.

[@suryaveer77]

Small countries honestly cannot survive forever - in the future we might have to look at india supporting Sri Lanka under its umbrella and currency - it will be mutually beneficial for all

[@ululukululu450]

Support india. From Ladakh, China.