Discussing India's Growth Story with KV Subramanian | Strategic Minds - EP01

[@DDDip]

Forget economics for the time being.. he is too good a person.. very evolved & rooted ❤

[@mehtar66]

@@DDDip who are you talking about?

[@Masterofyouslave]

His attitude is like motivational speaker - good talk, but no connection to reality 😂

[@nikhilct1]

15x in 20 years means 14% annual growth rate. Assuming 5-6% inflation, this implies 8-9% real GDP growth rate. Highly ambitious. If achieved, it will be a miracle.

[@counterpoint9260]

these are the kind of stories Modi bhakts sell..like their 5 trillion economy by 2022 jhumla

[@RockyMondal-nf5ol]

​@@counterpoint9260 at least they have progressive thought process

[@Masterofyouslave]

Nominal ki 15x nhi bol rhe woh real ki bol rhe 😂 Hope we get it, but policies & new cold war se yeh possible nhi lg rha Just seems another Jumla 😅

[@sdasgupta1950]

The basic message is that India needs to target for 7%-8% growth rate, almost similar to the inflation targeting that has been put in place. This has happened over the last decade or so but has to be sustained for atleast another 25 years to achieve the goal. So the GOI has to have a sustained focus on removing any and all bottlenecks to economic activity for the foreseeable future. This will also require political stability, and intent by all state govts to enact economic policies that also support the national goal.

[@NeerajSharma-me3rg]

I

[@man_named_nobody]

@@sdasgupta1950 The question is how realistic it is to keep that rate going, year after year, like clockwork, without fail, for next 25 yrs. Remember, with the same computing theory, even a .5% drop will push out the years non-trivially. Also, one should keep in mind that power of compounding may also work for other economies like China and US as well.

[@badgerking200]

@@man_named_nobody Japan, China, South Korea, etc. have all seen this growth over a long period. It may seem like a lot but it's quite possible. Those economies like US and China can't grow at high rate anymore. India, on the other hand, has so much room to grow. India may still be 2nd or 3rd biggest economy in 2047 but the gap will be much less.

[@sdasgupta1950]

@@man_named_nobody good points but it is not about "how realistic", but it is what India to do to have 4 doublings in GDP in the next 25yrs. In the meanwhile, US, China and others will also continue to grow, and in fact, that might help India on the export front, but it is a challenge that Indians have to face up to. Otherwise the journey will sadly be just longer, as you say .

[@man_named_nobody]

@@sdasgupta1950 That was exactly my point. Thank you for understanding Sir. Aspiration is good, but it takes sooo much of hard work and sacrifice from everyone including each citizen. China is a ready example. Subramanian made it sound like Indira Vikas Patra…”5 saal mein rupaiya double”.

[@500suren]

Very good interview. The ending on a personal note was really nice and yes India despite huge challenges will once again regain the top spot among countries in economic size because majority of Indians have 5000+ years of culture, science, philosophy in their DNA only we must be extremely careful of the divisive forces within our borders.

[@macb7663]

Pin pointed. Well said❤❤ Jai bharat❤

[@mehtar66]

That is RAGA

[@vijaygovindarajan7329]

While I admire Prof KV's enthusiasm and research, recognising and correcting the negatives such as a very poor higher education system and a general lack of a sense of dedication to the work in general is very important. The realisation that your work is it's own reward.. as it was in Japan and Germany after WW2 is important. the society and country

[@gingerkilkus]

Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@LucasBenjamin-hv7sk]

Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving

[@leojack9090]

Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.

[@hasede-lg9hj]

After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.

[@lowcostfresh2266]

Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?

[@hasede-lg9hj]

The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Marie Holt to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@shripadkhanapurkar8946]

Love hearing what Prof is saying Also his pointing out the negative bias of pop media doesn't seem to have gone down well with the interviewer Bharatiya are tired of the naysayers Spread the good word everyone 😊

[@mohankumarm8164]

A Good Dream 😴 hope it comes through

[@aham-mumukshu-asmi]

We need the current brute force Govt with its Geopolitical brilliance and Macro economics game to remain till 2047. Else all this will remain a dream

[@Das1]

😅U r in dream

[@aham-mumukshu-asmi]

@@Das1 Use Aloevera based Burnol. Its good for Assburn 🤣🤣

[@Das1]

@@aham-mumukshu-asmi ur berozgaar children will put these in ur bottom , because of ur good work👍

[@aham-mumukshu-asmi]

@@Das1 Ur "berozgar children" will be divided on caste and be given 2 rs freebies and turned into lazy voting machines if not for this current regime

[@VanDuc-hm6sp]

TALK is CHEAP....Talk is EASY...😂😂😂😂😂😂

[@kabsters...307]

30 trillion is also great things... If we work for rural economy, rural infrastructure, rural development, rural employment.. Everything will be set

[@jayanthlaxman9188]

Rural what?

[@prasanthsanka]

Proud to see many Tamilians supporting India

[@NCM-xy8ow]

Japan was a technologically advanced country with sophisticated R&D that needed to find its footing again after ww2. Night and day difference.

[@CrypticChupacabra]

What do you have to say about' china? Don't tell me that you have more understanding of economy than the executive director of IMF, India?

[@NCM-xy8ow]

@@CrypticChupacabra Indians are smart till they wear their hindutva nationalist hat which they should not do as executives of global institutions. Their rationality goes out the window.

[@arramreddyindia]

If India grows like Japan (25 times), GDP would be ~ $80 trillion. He estimated only $55 trillion. There is your night and day difference.

[@NCM-xy8ow]

@@arramreddyindia 'IF'..when did India ever live up to 'IFs'? Talk is cheap and easy. You seem to do that well. Achieve something first, then talk.

[@arramreddyindia]

​@NCM-xy8ow don't think you really understood my reply, I was only pointing out the night and day difference you eluded to between Japan and India. Also, one can't achieve anything of significance if they can't dream it before, and don't ever tell anyone not to talk even if they are just sharing their dreams. Mood killer.

[@raviramanathan5565]

the personal anecdotes set this particular interview apart. It's nice of you to probe into the motivation behind quitting to spend time with family etc.

[@TimeValue23]

Professor, you are one ot those teachers that i would like to have.

[@vishnumurthy2081]

Prof.KVS and me have one thing in common. Both are untrained singers with passion for the music 😊😊😊

[@missiontopray]

Kudos to Amitabhji It seems like it was yesterday that this young officer was on the front pages of all the papers, news channels and most important the hearts and minds of the people of Kerala. At a time when even the most optimistic malayalees had given up on their state, the young man steered and drove the state to great heights. Back then I was fresh out of college and inspired by the way he carried himself with grit, courage and vision that even the natives clearly lacked. He was one of a kind , never gave in to Trade union pressures, and inspired many entrepreneurs in the tourism industry, put the state and country on the global tourism map. He has been very humble in his admission on the political industrial climate back then..there were opposition at the drawing boards to every step on the way, progress had to navigate aimless sloganeering..he put in process and pushed laws that are still at play. Since then he has been hard to miss, be it in the incredible India, Sherpa of G20, and Chair of Niti Ayog. He turned things around and he reminds me of the Metro man Mr Sreedharan, once Amitabhji is assigned a task by his masters, it is a fill it , shut it, forget it..and "consider it done" no matter how challenging it is. I remember following the final statement at the G20, one para was creating an issue to a consensus. I slept well knowing fully well with Amithabji at the head this will come through, and it did.. Thankyou for a well conducted discourse.

[@updalvi]

You are a gem and will remain so for ever dear ! God bless you !!!

[@madrasman8883]

One of the brightest minds India produced ❤❤

[@urveshmehta7371]

Only mathematics calculations not ground reality. Check all over world geopolitics situations.

[@Harpreet-t2h]

This growth of 12℅ assumes that our political environment would remain the same I. E. Modi and BJP would continue. But we have the anti India coterie, Congress, which may, sometimes, get the reins. If it happens, the nation may, as well, witness the pledging of gold that it did in nineties. I would be happy if the growth is at 6℅ thus giving the effective multipler of doubling in 12 years. Thus by 2047 we would have economy doubling twice during the reference period. Hence the GDP may become 16 trillion only by 2047.

[@subbaraomohanram8674]

Check your econometric maths please .. please read his book in detail,you get answers

[@Harpreet-t2h]

@@subbaraomohanram8674 Ok... The book for me is expensive. Yes, please do reply... Where do you find my calculations not standing to logic.?

[@subbaraomohanram8674]

The logic that Indian voters would elect an inept Congress under RAGA ,who has proved to be both disruptive and ineffective, in five or ten years after having tasted 'progress' under Modi and BJP. At the worst,in a way best, they may elect some other leader and also party, that may not be inferior to the present dispensation that is giving growth adjusted to inflation etc of around 10-11 percent. Hence that even it is 10 percent adjusted growth rate,we will in 6-7 years and in 24 years it would 15 times the present on a compound rate twice every six years. So we sure will touch 45 to 48 trillion 2047. Anyway this is assuming computational compounding. But certain things like young population ,brain power dynamics which is among the best in the world etc will accelerate this too. Of course,this won't consider any force majeure conditions.

[@Harpreet-t2h]

@@subbaraomohanram8674 Yes. I agree with your observation. Our assessment are based on the assumption of the rate of growth of economy I. E.. 10 percent and 6 percent..

[@alagumalaimarimuthu3916]

The world is changing a lot.Once cash rich countries like Britain ans France are facing change in thought of population living in their territory and struggling to make the ends meet.India being largest man force of youths remaining unemployed and lacking needed technological advancements. This Professor seems Day Dreaming. I wish his dream come true.even it is not matching reality. Governments come and go. The Per capita Income is the biggest tricky part in making this dream achieve even half of the compounding growth illustrated.

[@rahulchahal3824]

Very well elaborated. India might not have similarities to Japan or China but it has potential to follow similar path

[@alokagarwal3714]

Fantastic insight in complexities of economics. Thanks to both of you

[@Rohit54763]

Great guy and very talented.🎉

[@mummadavarapurevativenkata8594]

power of compounding..... every citizen should know the power of compounding.i need full lenght video on power of compounding.

[@chandrashekarputhran2407]

Today K. V. Kamat wrote about you in Times of India. Best of luck & INDIA 🇮🇳 .

[@harshitahuja8036]

Love this mann❤

[@abhishek12kaushik]

One of the best video on KZbin

[@watersanitationhygiene]

When you make discussions with an expert, you need to cross with questions. Otherwise it looks like a one way platform. So you can do more exercise to intervene during discussion with appropriate economic knowledge.

[@dr.digambarprabhutendulkar7924]

This guy is DAYDREAMING. Great to hear, difficult to realise!

[@Gshock2343]

Sure. An expert on KZbin knows more than someone senior at IMF.

[@rathore.akhilesh]

​@@Gshock2343Maybe you need to read a bit more about how the Senior management at IMF is appointed. They are elected (by governments), not selected.

[@divyasatheesh2529]

​. Let's wait and see . We all believe what he say except for few extreme lefties who ruined our country by becoming loyal to the west and the China.Whole India is aware of these lefties because of social medias. PEOPLE OF ARE AWARE OF THESE SI CALLED INTELLECTUALS WHO SELL OUR COUNTRY FOR PERSONAL GAINS.

[@nerrailwaygorakhpur7173]

What is the meaning of 2047 or 50? What is the plan for making India 50 trillion $ Economy by 2047? Nothing just bakloli 😂 A country with 5th largest Economy can't make a small simple toy without foreign Incorporated systems what will it be used for having a 50 trillion Economy ? 😂

[@Das1]

​@@rathore.akhilesh😅no problems with imf, but these bro wants a big post in govt, sitaraman is getting old 😆

[@subbaraomohanram8674]

Great analysis and credible conclusions about our elephantine India !

[@Bauaji_smile]

His realistic scenario is actually the best case scenario, overselling hope ! Good Salesman, but a good economist would aim high, commit a moderate number and over-deliver ! With India failing to create jobs for youth, unrealistic to hope India's real growth would trend at 8% or more.

[@helloyogeshpatel]

According to him we are growing at 11%

[@ngodupdorjee2398]

It was a great interview.enjoyed every bit of it.

[@chitranjanchaudhary7823]

Excellent presentation 😊

[@sivasubramanyampudi]

Prof Sri K V Subramanyam ji is Guru’s Guru Vidhwan Sarvathrapujyathey 🌹

[@rakshithyadav3967]

We need to grow at 8% which is not possible without reforms. This year we can't cross 7% growth rate. So with 6-6.5% growth rate we can go upto 30-35 trill. We need to grow at 6-6.5% in 2040 also, which is really tough as base is more. If he is considering 8% then it is impossible.

[@shankar167]

Topclass 😊

[@nerrailwaygorakhpur7173]

It is topi class not top class

[@vvzzxv1252]

Keeping 8 % is going to be hard. Expect an 6.5 average over the 20 yr time.

[@shilpapandit5248]

such an amazing person... we need more such

[@tuyolento3295]

Completely agree with KV's assessment and predictions and his numbers gymnastics..the power of compounding and what not. By the same model China's gdp by 2049 will be 400 trillion....who can prove me wrong? China has achieved this rate of growth since 1979.. there's historical precedents. With AI and digital tech China can again repeat this growth. My point is that it is one thing to do numbers gymnastics on a piece of paper but what counts are the actions on the ground... India has not proven in the past 40 years that it can transform it's economy into a high wage modern economy. After 40 plus years it's poverty is still mind boggling...what make you think things will be different going forward. Talented Indians are voting with their feet and leaving for western developed economies. My view is that India will be more of the same old same old...a dysfunctional overpopulated country trying to project it's image as a superpower which it is not and will be never be.

[@amadeus0123]

This man in delusional!

[@man_named_nobody]

@@tuyolento3295 I agree with you largely. India has made large progress in recent times. However, the parameters of growth remain perplexing. 85% of the population is still dependent on agriculture and unorganized sectors, where the data is still poor. The growth in these and the manufacturing sector has been abysmal. There is rampant unemployment in these sectors. There has been spectacular growth in service business though whose demand is still fueled by a handful of countries, mainly US and Western world. India failed to capitalize on the “China + 1” model. BRICS is an euphoria, it will be dominated by China and its vassal state Russia. Dollar still rules and is strong. US economy is booming despite their political circus. Subramanian sounded like growth is like Indira Vikas Patra, automatic doubling every 6 years, “woh bhi ghar baithke baithke” as the old ICICI bank TV commercial use to say. Hum bolega toh bologi tu bolta hai.

[@nerrailwaygorakhpur7173]

This country India can't make a Simple toys bro 😂

[@user-cl9bd1tz3b]

Nah...bro I understood the Japan case what he was talking about in 1970s-1990s but the same thing didn't happened with China Japan wasn't having continuous 8-10% GDP growth rather Japan had many head winds but still it's GDP grew mainly because of Dollar to Yen Exchange rates which were driven by Japan's strong technological prowess that American market's cannot compete with, for same thing to happen with China or India in this case what he is talking you need to have 2 steps working at same time first is your Technology should we way ahead of American's that they cannot compete and secondly De-Dollarize the global Trade. Results will be New Global Reserve currency Probably Yuan and then your currency would Appreciate against dollar and new exchange rates will be decided against Yuan, so rather then $25 Trillion the GDP will be around $45-50 Trillion but for that you need extraordinary technological dominance manufacturing and De-Dollarization. And that's not what's happening, Japan many times had GDP growth rate of 3 percent but their GDP grew by hundreds of billions of Dollars they are the only nation on earth who were able to do it.

[@nerrailwaygorakhpur7173]

@@user-cl9bd1tz3b China is only single nation in entire human civilization who do so. They are single country who grows more than 10% or equal to 10 for years. But no other country can do so what China did in their country. China is a 'Mistery' and a Father of Modern growth. If you see Singapore who develop Singapore? Lee Kuan yew who is also a Chinese today Singapore 80% population are purely Chinese so Singapore developed journey also goes to its father Lee Kuan yew. For a small country with little population manage many things but for a country like China with heavy population the development is a miracle today they have World Top mega Cities more than 30 and 50 cities with metro system and leader in many many sectors of the world. But it is not possible in countries like India no chance.

[@subhasisbandyopadhyay1789]

Brilliant, one question and concern, what about formalization essentially productivity gain come at less people more outcome...employment related socio political chaalege is the biggest hurdle , will love to hear about that from.professoor

[@Ravi-k7h7o]

A sharp mind . Post BRICS is this still possible Sir ?

[@kalyanp5504]

Great insightful video

[@DJJasmine2]

“Learn as if you will live forever, live like you will die tomorrow.” -Mahatma Gandhi

[@gururajbhat3586]

Well said.Prof.analysis is amazing and explained very well

[@PranavSuresh_iitm]

He didn't answer the question on formalisation of agriculture sector

[@hareshharia7734]

very good analysis of future GDP of India

[@TLCinsights]

Insightful 🎉

[@watersanitationhygiene]

Optimistic thinking is always necessary to every human being when going to make a decision

[@KrishLove143]

How does this growth impact on culture, human life style , new opportunities and skills migrations and womens work ?

[@P_Apegaon]

Money is a great enabler. Growth is only to accelerate going ahead on the back of favorable demographic and demand engine.

[@drsteviejasengnsangma8739]

Excellent video👏👏🥇

[@sundarajanv3]

God discussion!

[@RajasekharPolapragada]

India will be leader of the world in economics, freedom, democracy and honesty. Called సనాతన ధర్మ.

[@watersanitationhygiene]

Clarity of purpose and objective is most important for all

[@giridharanambaram5763]

You quoted Japan gdp growth manifold between 1972 and 1995. I would like to know why it stagnated after that?

[@Mr.MM_HM]

👌 US favours ended & Asian Crisis did the rest

[@Rd-bi7vr]

India needs to assert itself boldly in global affairs - get a UN Security Council seat . Build army bases around the world also . Secure energy supply : build more nukes . Strengthen armed forces : triad: air land and sea capabilities . Root out corruption at home as well.

[@sailakshman9]

Thank you

[@nehulbhakta1542]

No power can stop india's economic progress, growth, development and stability and prosperity. Atama nirbhar BHARAT. Good governance effective policies motto alog with sabka saath Sabka vishvash sabka prayash sabka vikash Mantra.Nation first priority and spirit. India's economic GDP growth, economic expansion.also BHARAT can set goals towards near energy independence by or before 2065.world peace and vasudave kutumb kum mentors and effort.HELDED G-20 MORE THAN HUNDRED SUCESSFUL EVENTS IN INDIA FIRST TIME AND FIRST G-20 EVENTS. BHARAT will add more than triple multi billionaires, billionaires, multi millionaires and millionaires by 2047 than to day.

[@amadeus0123]

I think most people missed your sarcasm!😄

[@stevenlai1199]

JAI HIND, lndia will be largest economy in the world,

[@KGopidas]

Indua can increase gdp by installing 2 kwh on 1 billion rooftops solar with equivalent storage to every netered connection?

[@NagarajanVenkataraman-q7i]

This guy talks vociferously about the power of compounding but he doesn't seem to know how to use the CAGR calculator. The GDP of India is estimated to be 3.94 trillion dollars in 2024 and he predicts that it will grow to 52 trillion dollars in 2047, that is, in 23 years. If you take initial value as 3.94 and the final value as 52 and the period as 23 years, applying the CAGR calculation will yield a CAGR of 12 percent. This high rate of growth must be sustained without a break over the entire period of 23 years. This is against the backdrop of the dismal current rate of growth in the cowbelt Bimaru states in the north and in states including Bihar, West Bengal and Punjab, all having sizeable populations. It is pertinent to point out that even China never achieved the CAGR of 12 percent in a sustained fashion during its period of explosive growth. If, on the other hand, we assume the realistic CAGR of 7.0 percent, with the initial GDP at 3.94 trillion dollars, the final GDP after 23 years in 2047 will be only 19 trillion dollars. It is astonishing and rather baffling that an ignoramus like this guy was appointed to important policy making position in the Indian government. When an economist makes such wild forecasts of economic growth totally detached from ground reality, that makes him/her no different from a street astrologer! As the saying goes, if wishes were horses, beggars would ride!

[@lachen7]

Doubling in excel sheet is good. But what does the ground reality show?

[@Rrrr-yh9qz]

Influx of AI will eat up most of the Coveted Service Sector IT jobs, impacting consumption, sectors like retail, automotive, banking (Loans), housing, hospitality and travel. So don’t be so overconfident, be practical and factor in the impact of AI on India’s society and life!! 🇮🇳

[@paxmundus-w2p]

The people of India should acknowledge and give credit to the reforms introduced by the BJP for the country's development. Initiatives like GST, the MSP decision, the new pension scheme, Agniveer, and many other difficult political decisions were made with India's growth in mind, without prioritizing political gains. These tough choices were taken for the betterment of the nation, even at the risk of significant political backlash.

[@arunavpankaj7244]

Economy will work only if flawless execution is done by meticulous planning. The suggestion by Dr Kalam for bihar must be implemented for transformational changes. His view is as under 6. Flood and water management I have observed certain unique features in the river system of Bihar though Ganga. This main river is flowing from West to East, there are two types of flows coming into the Ganga. The northern rivers emanating from the Himalayas and another from the southern rivers coming from the Chhotanagpur plateau and Hazaribagh plateau. The major rivers coming from North-South are Ghaghara, Gandak, Bagmati, Karcha and Kosi. The rivers coming from the South are Son, Punpun, Phalgu, Dhadhar and Badua. Because of the flow from both the directions no water is saved and everything goes to the Sea. Also, the main flood bearing river the Kosi when it comes into Bihar is already in the plains and we have to find innovative flood management techniques with intensive international co-operation. However, to mitigate Bihar from the fury of the floods it will be essential to undertake the following short term measures. (a) Recover the all the water bodies from encroachments using satellite maps. (b) All the village ponds be immediately de-silted along with clearance of inlet and outlet and revived in the Gangetic basin. (c) Carry out the dredging of the rivers from the center so that the riverbed is below the adjoining land area. (d) Raise the protection wall for the wells slightly above the normal flood water level so that the debris does not fill the wells during floods and drinking water is available immediately after the floods. (e) Create check dams so that water can be retained in the drought prone southern Bihar. (f) To protect the cities create channelization, embankment and diversion channels up-streams. (g) Encourage fishing in the ponds so that it can generate revenue for the farmers. This activity can be linked to a mission of Bihar of doubling fish production through introduction of modern production technologies, developing innovative strategies and approaches and taking effective conservation measures. Here, I would like to give an example to the Members from the experience which DRDO had in the Nalanda project. Few years back, a project has been taken up for commissioning of an Ordnance Factory in an area of approximately 3000 acres. While taking over the land we found that lot of water logging used to be there in the whole area during the monsoon season. During the last four years by reviving number of ponds in the area and using the soil in the ponds for increasing height of the adjoining land and planting a number of trees around the ponds, flooding in the area has been completely controlled. Hence, I consider this model can definitely be replicated in the whole of Bihar for preventing devastation and disruption due to floods. In addition an expert group has suggested creation of a 500 kms long waterway in South Bihar by connecting the South to North flowing rivers of Bihar, which will act as an additional reservoir for the state. It is essential to build the intermediate dams in the cross section of the rivers and the waterways, which creates the balancing waterways. This will provide irrigation facility to over 5 million acres enable generation of 1000 MWs of power and provide employment for 9 million people. These measures could also reduce the severity of floods by fast disposal of flood water and also ensure storage of surplus water for future use

[@saurabhb1041]

Why are you misrepresenting data? Real GDP growth (minus inflation) will average no more than 7%. That means 10 years to double and 20 years to 4X. 15X is a number without inflation factored in and it’s useless.

[@counterpoint9260]

he is talking about nominal, GDP growth not real..whne govt says 5 trillion economy they always talk about nominal GDP not real

[@saurabhb1041]

@@counterpoint9260 you’re mixing facts. GDP of $5T is a real GDP not nominal. And he is talking about nominal growth. Which again as I pointed out is useless because it does not factor inflation and per capita consumption

[@counterpoint9260]

@@saurabhb1041 Nope check it out on the net..real GDP is much less like 2.5 or something, only nominal is GDP 3.8 trillion..and it is this nominal GDP which includes inflation that he is projecting to touch 55 trillion

[@nplm947]

India' s economy is nothing but Maya..When I earned Rs 500/- per month in 1974 I had no big disappointments..In 2004 I earned Rs 15000/ per month I had many disappointments..My savings in FD of Rs 8 lakhs lost its purchasing power in 2014 ..(gold price). 😅😅😅

[@adamharris1406]

Wishful thinking of Indians

[@francisp9509]

Subramaniam obviously does not have an idea about the realities on the ground. The economic situation is dire.

[@cutemomr]

China, Pakistan , Inflation , Unemployed youth, Population growth, land issues , vituperative politicians , wotld geopolitics , world economic downturns, conflicts, Pakistan , Bangladesh, States demanding equality , ethnic strife, poverty, climate change. Have you thought of these before predicting Indias growth . The western nation , Singapore, South Korea , China, Germany, France , Italy , Uk etc. had their growth based on high quality products India was never able to make. Like Planes. , cars, machinery , computers , internet ,social media, etc. These are high value products that Zindia cannot make. Analysis made in the video are out of capability of India. India imports oil . Does not have enough resources .

[@jaymalhotra245]

The India Economic Glass is half full. But India needs to a sharp eye on the empty half to make certain it does not grow.

[@nehulbhakta1542]

BHARAT will add 2 fold more numbers of billionaires and millionaires by 2047 as of today .

[@rajeshvk6638]

Will the same formula apply for America and China if not what are the challenges they are facing in thr growth trajectory.

[@pctribe7943]

Hindus left iran 500 yrs ago.. left afganistan 250 yrs ago... Left pakistan 80 yrs ago.. left kashmir 50 yrs ago.. today Hindus are leaving Kerala... Bengal ... Assam and uttar Pradesh….

[@trends2morrow107]

How about the Debt ?

[@av.._..]

Money grows faster when you have more...

[@vinayakmhetras9985]

Playing with numbers and projecting fancy numbers is easy. Sustaining 8% real growth rate is possible ?

[@fact_tronix6993]

If you want result you must do it simple

[@divyasatheesh2529]

Wow!!! Sir you are a true sanatani.i want all the indians to be like you.🙏🙏🙏🇮🇳jai bharati

[@satpaldahiya-vi9dw]

What about Indian Bureaucracy which has potential to strangulate each and every thing including entrepreneurship?

[@hiteshgujarathi4636]

That's why he emphasis on reforms in his book. Those reforms include skill development throughout the country.

[@channapagoudarfi6466]

Mr Narayan Marty of Infosys was telling that this givt can not reach 10 trn economy and can not compete with China. Hope he will see this vedio.and change his mind set on future of our economy by 2047

[@Mr.MM_HM]

U r a True M😂😂di youth

[@roberts2697]

Video of a day dreaming person lol.🤣🤣🤣

[@umaananth3602]

Real iyer. 2024. Fab role model

[@rajendrajasathy4356]

inflation reducing from 7% to 5%, then how depreciation reducing from 3.% to 1% ?

[@bains6218]

These are the funny dreams of Sekhchili. All businessman and educated people are going other countries and 80% people are living here in hangar. Indian people need job and health not Sekhchili growth.

[@amitbansal5811]

Nice

[@robertwang7825]

India has all the potential to modernize and bring its people out of poverty , just follow China’s path avoiding creating asset bubbles, but I think it might take longer , how much longer will depend on its leaders.

[@NCM-xy8ow]

@@robertwang7825 look at your stock market last couple years and tell me whether you'd be able to 'avoid bubbles' over 30 years

[@robertwang7825]

@@NCM-xy8ow Well if you ask me the US is the biggest bubble. Ofc China has its challenges , it’s a huge country with 1.4 billion ppl that were one of the poorest to become the largest industrial power in 25 years , bringing 800M ppl out of poverty. In 1990 , it was a luxury to have a TV, motorbike, fridge, aircon etc. Now it’s the norm. Ofc they will learn a lesson from the property bubble. China is still have state owned banks, telecommunications, power , steel , cement etc. it’s much easier to steer the economy. But it is the private sector that drives the economy.

[@kaushikganesh6216]

What happens when the us market crashes they we will go down with them regardless of indias stories

[@theophilusdsilva8531]

GDP can be manipulated. Most important factor is distribution of GDP to all population. By only enhancing GDP the country breeds few crony capitalists (billionaires) without equal DISTRIBUTION of GDP (wealth of the country). Per capita income, is what is important to keep in pace with GDP growth (inflation). So the country's economy should be calculated by per capita income rather than GDP.

[@hpremjit]

GDP per capita is just the total GDP divided by the number of population. Higher per capita of GDP no way means equal distribution of wealth. If few crony capitalists get all the money then also GDP will rise, and hence per capita gdp will rise. So it is not an accurate measurement of wealth distribution as you are assuming.

[@rvr552]

Ah! The next economics Nobel Prize....

[@suneilnayagam694]

Truthful result in most cases is not knowing what it will eventually turn out to be due to mind's selective application of data in order to achieve that (predefined) result

[@AlokKumar-qi5bj]

The title says 15 times in 20 years. That would require 14% of growth per year. Just not possible.

[@ramaliya197]

14% nominal growth is what we have been having. 7% inflation +7% growth =14% nominal and 7% real GDP growth.

[@AlokKumar-qi5bj]

​@@ramaliya197Its in dollar terms. Inflation in dollar is not 7%.

[@RohitGoyal18]

Living in LaLa land. For doubling in 6 years, you need a growth rate of 12% per year. We are around 7-8% which is way less. At 8% it will take 9 years to double.

[@ashutoshpandeyz4508]

Inflation is added to get the data in nominal terms.. 7-8% + 4-5% - currency depreciation of 1% = net growth 10 to 12%.

[@counterpoint9260]

he assumes inflation of 5%..so a lot of this growth rte is contributed by inflation towards nominal GDP..our real GDP will be less

[@YashGaming-tx5jq]

Bhai tumko nominal aur real growth me fark samajta hai kya 😂 bro you seriously need to study economics

[@ssuri-wv4mw]

Ham Radio is a hobby where opportunity for many innovative ideas comes simply because all walks of life ie from “Kings to the commoners “work together as equals in S&T.

[@Anthropocene81]

Unless people are disciplined, no matter who rules or how brilliant economic policies are, we will only muddle. Somehow the economists don’t get this. We are just inefficient, indisciplined and waiting for an opportunity to be corrupt.

[@azaadgamerbeingapro4659]

Genius

[@RajasekharPolapragada]

I am glad , some one is coming up with theory. There can be slip between the cup and the lip. But it is not proper to assume theory is wrong. If you sow 10 Kg grain, you can reap 10 bags of rice. Ask any farmer, he will tell you.

[@arnabghosh4731]

How many times salary grew in last decade?how many times expenditure grew in last decade?How many times unemployed youth grew in last decade? How many times our import grew in last decade?How many times of taxes and cess increased in last decade?what is the percentage growth in HNI leaving INDIA in last decade? Just stay positive and we will grow in DREAM.

[@hpremjit]

You don't stop dreaming for fear of nightmares

[@RajivKumar-xp9qn]

If salaries didn't grow as much as expenditure, how have we managed to pull 500 million people out of poverty. I mean I don't get it... they say the current government is pro-rich and anti-poor... still we have done tremendously for the poor.... if you put those points together, it seems as if the growth has been so insane that even those who were not cared for rose up from the shackles of poverty.

[@harekrishna5817]

Went to IIT and to Bookth and talk like this Oh subbu

[@NCM-xy8ow]

Dude is thinking india will grow 8% in real terms EVERY YEAR without fail for 30 years. 😂😂. How many years in the last 10 years india grew by 8%?

[@shripadbhagwat6566]

True lmao... 3 years just above 8 percent.

[@ravinderpalsingh4225]

Economists such as these are only smooth talkers promoting the riches 344 Indians whose earnings are more than half the Indian GDP, whereas noottom 50% Of the country’s earning is around Rs 6600/- per month. What does he have to say about 66% of Indians are Food Security Act Benefciaries. For last seven decades, tge numbers in our poverty has increased from 25 crore to 70 crores now.