Economic Survey 2020-21 (Volume - 1/ Part - 5) | Current Affairs for UPSC CSE | Vajiram & Ravi

[@AnandSharmaics]

Whatever else you watch or read, no one can explain you economic like this gentleman, we love you sir.

[@dineshmalhotra5944]

Versatile person I've seen in my life Plays well on ground Captain of indian cricket team IIM, DSE teaching economics at vajiram Now making us understand the economy survey of india 🙏🙏🙏🙏

[@mvm465]

I can't believe it...koi itna simple bhi kr skta h kisi topic ko.....I mean vowwww.. great explanation...and with positivity that reflects from your face....and sooooo much knowledge......tnqqqqqq sooooooo much sir...ki ap teacher h......best teacher on you tube for me.. keep it up sir fot us please.....god bless u sir 🥰🥰🙏🙏🙏

[@ritzikashekhawat2096]

No man be able to stand before thy skills of understanding as well as make others understand ...Heartly respect for you mentor 🙏

[@Done8.17]

Guys please like share and support such fabulous initiative instead of wasting time on futile stuff on KZbin

[@monikainsan3721]

I never understnd economy survey as much depth as now..very fantastic way of teaching..very easy to understnd..thank u sir..🙏..God bless u to achieve more n more...

[@pranshugupta227]

best teacher..thanks vajiram ravi

[@Sagefarooqeazam]

Very attractive way of explaintaion. Simple and lucid language makes everything easy. God bless u sir. Make more achievements.

[@rampalsingh1434]

U r best , always looking fr yr videos.

[@monikasaharan4236]

Sir, plz teach volume 2 also as soon as possible. Thank to you for relieving me from the economic survey✌

[@shashiketan]

Thank you so much sir, i have been watching all your videos for Economic Survey. Inequality vs Growth Chapter had a lot of conflicting theories. The Chapter i believe is trying really hard to go for growth while ignoring the inequality. I do prefer going for a growth model while caring for inequality at the same time rather than at the end. 1. For advanced economies: inequality impacts more to socio economic indicators & hence ES argues that they can focus on reducing inequality. But the things is how? once the share of growth has been divided among people how can we reduce it later? take back from them? Any ideas? 2. In India, Inequality of consumption is >>> than inequality of assets & that is because we are emerging economies with lower growth rate, lower standard of living. So, people can consume with less money in the income. However, if we only focus on growing like (CAPITALIST MODEL), Growth will happen & more will go to rich --> rich people acquiring more assets & eventually inequality of assets will increase once we have a larger GDP. So inequality of consumption gets converted to inequality of assets if we follow only the path of growth. 3. Another flaw i feel could be is this: As we keep growing we are not changing the level of POVERTY LINE. Poverty line in 2010 cannot be same as 2020. SO, there needs to be a fair comparison. However, Perfect equality is not optimal. If Economy grows, that gives more revenue to the government to deal with poverty.

[@monikasaharan4236]

I also feel same.. What the irony and paradox.. Later, it will be the act of god😂😂😂😂

[@anuragchopra4956]

So nicely explained. Better than many other coaching institutes which makes it even harder to understand. Thank you. Please also release the series for Volume 2

[@reshmikarubella6618]

Thank you sir for making economy sound so simple when in reality it is certainly not!!!

[@saurabhdoifode851]

Like Captain ❤ excellent explained

[@ramprasadkuli2193]

Great lecture , thank you so much

[@sanjaypatil3475]

Very beautiful teaching 😊 thank you sir👍🙏

[@Educationalvideo7]

Amazing lecture

[@prajaktashikarkhane2603]

Thank you so much for this! Can someone help me with the ppt/ file used for teaching ?

[@gyanprakashsrivastav9722]

Thank-you so much Sir....I was waiting.

[@kratikapatidar6803]

You are genius 👍👍

[@itsdas4127]

Sir pls share those slides link those will be very help for us.. And u have made ES simplier sir thank you sir 🙏

[@KnowLedgeIQWithSheeba]

I appreciate your way of explaining.

[@enjoygardening612]

Thank you Sir 🙏🙏from innocent kids

[@rajankumarrk174]

Was waiting 🔥🙏

[@shaggyshaggy8287]

Sir , india entered "top 50" innovating countries for the "1st time in 2020" not 2007, the inception of GII was in 2007. Am I right???

[@jyothiraddi629]

Sir when will 2nd volume lectures starts

[@akhtarsheikh1]

If growth increases, it may lead to positive oucome on socio-economic indicators . But how increased inequality in India leads to postive health, education outcomes?

[@VajiramandRaviOfficial]

Dear Student, One of the reasons for the same is the fact that over empowering impact of inequality would kick in only after the economy attains a certain basic level of economic growth & development like say US, Europe etc. Currently, howsoever hard we may celebrate, but we are still a “LOWER MIDDLE-INCOME” Economy. And for such economies, growth would be slightly more overpowering than inequality in terms of its impact on major (not all) socio-economic indicators. Hope it helps.

[@gauravthakur1733]

@@VajiramandRaviOfficial kindly update the vol 2 !

[@Nishantchauhan1999]

This explains why growth will be over empowering than inequality. But how inequality leads to increase in positive outcome in the 1st place ie how can inequality be empowering??????

[@kavyasao1111]

Sir ,after watching ur videos of economic survey,Is there need to read full economic survey book or Summary of ES by Vajiram is enough?

[@stellapolaris30]

Sir, I was wondering: Poverty levels are calculated based on affordability of basic amenities. If incomes keep rising, wouldn't we at some point in time come to a stage where the lower classes would be again be pushed to a new level of poverty due to inflation?

[@subhashjha1789]

I think in boom period also ;growth rate is always higher than inflation..so poor can afford basic amenities if distribution is fair in economy :but yes there will be inequality and they will be relatively poor and not absolute poor...but if inflation is more than growth rate then for sure more people will become poorer..

[@williamjones1197]

Poverty line keeps changing based on prices of basic goods. We can say it's based on real income(inflation adjusted).

[@Vibrant_youth]

Sir , how to get pdf

[@uttamkumarkhamari7494]

Thank u, sir. From-odisa

[@AlokKumar-hk7os]

Please provide pdf also.

[@VajiramandRaviOfficial]

Dear Student, Please check the following link for Economic Survey Summary PDF: vajiramias.com/study-materials/ All The Best !

[@AnilKumar-yq6dn]

can anyone pls explain me what exactly consumption inequality means.???

[@williamjones1197]

I think it's about ability to buy/consume common goods and services in the market.

[@Histosnaps]

Thank you very much sir

[@seemashetty685]

Thank you😊🌹

[@Sonakshi111]

i just want to say that, while i was watching these videos my mom came from behind and asked how come virat kohli is teaching you XD She said from distance sir looked like kohli Either way excellent videos.

[@Sagefarooqeazam]

Same happened with my brother behind.😄

[@Sagefarooqeazam]

Even though i hate cricket

[@shubhambarwal4624]

Thank you sir

[@devnarayanyadav4053]

Thank u sir g

[@SRM2909]

❤️

[@mayanksharma674]

Innocent child.....❤️

[@monikasaharan4236]

Chapter 4 is very confusing... Growth and inequality are converse.. Paradox but have to believe for exam😂

[@kumaraditya3040]

The arguments in the survey have been framed as if they are made by a school going child.. Anyway growth and inequality should work together else we will not be able to achieve the full potential of the country. The survey subtly didnt mentioned the point that reduction in inequality can only fuel the growth to achieve its potential.

[@PrajvalPurad]

Who all are here after listening to essay module 2021

[@rajankumarrk174]

Thanks sir🎉

[@sridevilavanya7289]

Thank you so much sir

[@sagarjha1455]

Thanks sir

[@dineshmalhotra5944]

Thank you so much sir