Economist Jayati Ghosh Explains The Economic Slowdown

[@jatingupta3740]

Seriously neither the government nor citizens have a clue .

[@aginjithgj5354]

Hope the citizens get it soon.

[@muhammaddhanish7200]

Aginjith G J No. we will EXPERIENCE it

[@mojojojo8184]

@@aginjithgj5354 even if they get it, what they gonnna do hahahhahaha

[@toxify007]

Both of them are choosing to ignore it

[@ashwinisapahiya2990]

Hey Pseudo Economists... Still think Indian Economy is Slow... Non of you would have imagined that your comments will bite you back after 4 years.

[@anmolsingh4026]

Meanwhile Nirmala sitaraman : " millienials are responsible for this "

[@gamerindian8060]

:D .I think she said that based on auto sector. Well i wouldnt fully disagree because i belong to that section of people who choose to wait another 5+ years for ev vehicles to come to market. Considering the number vehicles on the road and possibility of rising fuel i dont know who would want to buy a new car or bike. Simply not worth the investment.

[@gamerindian8060]

As long as people don't start losing jobs in large scale all these economic crash hue ad cry means nothing.

[@dchannel6467]

@@gamerindian8060 losing jobs dude , so many youth with degree but not skill are responsible for it everyone wants money but nobody wants to learn skills and work hard but nowadays companies wants people with skill and a lot of youth must focus on honing skills rather than barking always and expecting that govt will do something to get them skills it's all about hard work but it depends how much and effectively you do

[@gamerindian8060]

​@@dchannel6467 ofc low skills and focus on meaning less literacy percentage had always been our problem. By next quarter i guess all will be revealed. For auto sector revival my hopes are on lower gst for ev lower price for clean energy plus more easy availability. But because of oil lobby auto sector and government are delaying it. Well if GOI fucks this up then itz time for vanvas for modi.

[@nitipriyasingh1387]

@@dchannel6467 this is not completely true there are many people out their who have skills but the seats are limited becoz the supply is too much becoz of ever increasing population. This is a vicious cycle. So yeahh kinda millineals are responsible coz too much availability has created a chaos. Producing useless product makes no sense. For eg today the world needs ev and the auto sector with ought any thought kept producing petrol based models. The import of oil already keeps Indian currency falling. What more do they need. Employing people more than the requirement juz to feed doesn't make sense either. I believe if economy wants to thrive then population should be in control followed by demand supply... Etc.

[@TopTrendTechnology]

We have tons of intellectuals everywhere except Govt.

[@Faran8721]

The main problem here that those who are intellectual they declared by the govt anti national and go to pakistan Now currently situation peoples are emotionally black mail by our government on the basis of religion

[@kashitakhalate9116]

This is because people vote according to caste-religion/"mere samaj ke log" during elections not according to intellectually deserving and worthy people simple....we can't always blame government In everything..

[@Faran8721]

@Prithvi N I haven't mentioned here Rahul Gandhi Even I don't what are going in your mind One more thing you should also note that if you read that after the 2014 there is lot of elite and eminent personalities sedition case imposed including Ram chandra guha and aparna sen

[@smilekeshwer281]

@Prithvi N Well, yes they have only one agenda of taxation, because that is the only big problem- Increasing financial inequality

[@Sangdeep12]

All the experts got together and came to the conclusion that the bumblebee is TECHNICALLY not designed for flight.... We all know what the bumblebee does.. Don't we.... He will pull the rug under their feet....the 2 other guys looked so dumb shaking their heads as if the end of the world is near..... ✌💐🙂He will once more do the impossible and turn things around.... The UPA mismanagement will be cleaned... The NPA disaster which the UPA bequeathed to Modi will be cleared and the economy will be brought back on track

[@arunkhajuria6346]

They don't have undergraduate skill because they have fake degree 😅

[@Nitin-vq4yr]

No they spent they there time getting degrees in politics and learning RSS doctrine. They spent more time learning how to get elected than actually run the country. people need to stop electing officials based on character and start electing based on the capability,experience, knowledge in the post and trust them to do there job right instead of steal from the people they represent. Edit :grammar

[@shuvayandutta4519]

The Govt will call her Anti National and ask to go Pakistan soon.

[@Uno.Numero]

Its time we sent them instead coz' they seem to like the lunch food there and not us coz' 'we don't know what their food tastes like and neither are interested in knowing. Jai Hind.

[@immortalwisdom4515]

@dutta : apart from some Almost every Bengali is Self accredited Intellectual 😂😂😂 Dutt,Ghosh,Banerjee,Roy...i think these Bengalis r outcome of Bangladesh llegal Sperms😆🤔

[@sujitroy4236]

@@immortalwisdom4515 and what about punjabis?? Do you know our ex-finance minister late Arun jaitley of BJP is also from Pakistan??

[@harikrishnarajput7522]

And millennials are responsible for her statement 😅

[@jeetu35ify]

Government hasn't done that till date ..and don't think ever will...there are so many, dime a dozen, economists, saying such basic econ facts, that it's rediculously simple..govt is already spending heavily on the road and infrastructure,at double the pace of previous governments....if it was so simple, why almost half the globe is facing recession...it's a cyclic trend...all developing countries go thru.... check data of last 50 yrs....of China, Japan, south Korea, and you will laugh at this old lady....😇😂😂😂😂😂

[@vrikshk5658]

Can't believe that our country has such intelligent people and not using them... She is one amazingly sensible person!!

[@copinonino]

And just how did you come to that conclusion?? Was it Economics 101 ? lol I thought bhakts were exclusive to the right wing.. !!!

[@Kulbir92]

Jab tak Modi aur andh bhakt power mein hain intelligent people ki koi nahi sunega.

[@kalpanadas45]

She is a Bengali anti national with communist mind set. LOL. .

[@vrikshk5658]

@@Kulbir92 very true!!

[@garima3331]

True bro

[@mohammadahmad5827]

These type of people should be made the ministers, rather than those who doesn't have an idea what to do with Rs. 1.7 Trillion loan from RBI.

[@manzoorathar11]

Who don't*

[@anupamroy8931]

Bjp is the worst thing to happen in the country

[@raahulbanait6979]

Bro even that is not loan as u written it's a dividend it just like a gift to shit ass gov

[@mohammadahmad5827]

@@raahulbanait6979 I think, a layman don't have an iota of knowledge about "dividend".

[@devpratapsingh433]

They cn only rant but cnt do anything for our country. Nd there r many things govt is doin nd if instead of KZbin if u look for policies nd steps govt. is taking then you'll get to know

[@enslavedmind]

But govt. doesnot like logic.

[@gauravsolanki4794]

Her logic is people can't even afford Parleg biscuit bcoz of economic slowdown! Hmmm

[@enslavedmind]

@Prithvi N oh she is way better than those blind bootlickers. Aren't we allowed to talk about govt, ofcourse people like you believe in what PM said in texas "Everything is fine".

[@bijoydey479]

The main target of JNU is to criticize the Modi govt...

[@Sangdeep12]

All the experts got together and came to the conclusion that the bumblebee is TECHNICALLY not designed for flight.... We all know what the bumblebee does.. Don't we.... He will pull the rug under their feet....the 2 other guys looked so dumb shaking their heads as if the end of the world is near..... ✌💐🙂He will once more do the impossible and turn things around.... The UPA mismanagement will be cleaned... The NPA disaster which the UPA bequeathed to Modi will be cleared and the economy will be brought back on track..... The lady did not once mention the NPA DISASTER OF UPA... Wonder why🙄...... But let me tell you.. As along benefits of govt schemes keep reaching to poor people... They will keep voting for him and he will keep winning and she will keep hyperventilating 🙂.. Love the vicious cycle... It is these pseudo intellectuals destiny💐

[@Sangdeep12]

@@gauravsolanki4794 yep with you... Intense logic..... Can't bear the intensity... Here let me just go to the washroom and relieve the intensity...... Such a natak this lady is.... 🙄All the experts got together and came to the conclusion that the bumblebee is TECHNICALLY not designed for flight.... We all know what the bumblebee does.. Don't we.... He will pull the rug under their feet....the 2 other guys looked so dumb shaking their heads as if the end of the world is near..... ✌💐🙂He will once more do the impossible and turn things around.... The UPA mismanagement will be cleaned... The NPA disaster which the UPA bequeathed to Modi will be cleared and the economy will be brought back on track..... The lady did not once mention the NPA DISASTER OF UPA... Wonder why🙄...... But let me tell you.. As along benefits of govt schemes keep reaching to poor people... They will keep voting for him and he will keep winning and she will keep hyperventilating 🙂.. Love the vicious cycle... It is these pseudo intellectuals fate💐

[@hitarthshah4926]

According to Yogi mughals and Britishers are responsible for this slowdown og gdp notBJP🙃🙃

[@Prateeklovesg]

Hitarth shah I disagree her. You are presuming what is made in India is bought in India. If it’s easier to do business in India things will be made in India which will be sold to the entire planet. So it’s the Global demand that would matter not the local demand. I am glad ease of doing business is getting better and I believe this will get our economy going. What you are talking about is a pre globalization world.

[@hitarthshah4926]

@@Prateeklovesg I am not talking about.. I was talking about how govt. Reacts in such a fool way like yogi blaiming mugals and britisher... These are the people who are lected by us and now they blame on us for slowdown like nirmala sitaraman on millenials

[@Prateeklovesg]

Hitarth shah I don’t care about what she says. She reduced corporate taxes and that is good for the indian economy.

[@hitarthshah4926]

@@Prateeklovesg She should be in her limits economy is at worst phase highest unemployment in 45 years.. They are just folling us and making the wealthiser people like ambani to make more money

[@Prateeklovesg]

Hitarth shah hain? Limits. So you think government did wrong to reduce corporate taxes?

[@mrinalgowgi87]

The govn doesn't have a clue !!! Agreed

[@sandeepbhatia602]

What would Modi chai waala or Shah the history sheeter would know about economy ?

[@GigaChad-vu9gx]

Exactly

[@babyanika2018]

the govt is not responsible for what you earn - your lack of education is not there fault its yours the only people who don't have a clue are the ones who sit on you tube and make noise

[@Aj-tu4gv]

@@babyanika2018 but government needs to get foreign investment , ease of business, and money from other countries to make GDP, not money from Inside trading inside the country, you streetshitter.

[@Sangdeep12]

We will keep voting.. He will keep winning... And all you losers keep crying... That is your fate accept it.. my humble 🙏😊request.

[@rajivk.b8340]

People don't have job? most of youth is unemployed...……..Don't say the truth you may become antinational..

[@samarclasses3296]

Hum sab antinational he

[@darshilmehta9905]

Youth doesn't have job kyuki India public are chutya

[@samarclasses3296]

@@darshilmehta9905 Sach me yaar me aapni clss ki topper thi abhi din raat padh raha hun phir bhi kuch nehi ho raha🙄🙄🙄

[@darshilmehta9905]

@@samarclasses3296 Khali padhne se kuch nhi hota . Skills hona chahiye

[@samarclasses3296]

@@darshilmehta9905 Modi ne skill India launched kiya tha wahan konsa skilll dikhaya aajtak samj nehi aya

[@bhavishnareda3312]

Soon she will declare देशद्रोही. In today's india education, health, employment can wait *but* statues and temple can not. #FirEkBarModi #GodiMediaRocks

[@ramakrishnashenoy9090]

It's been proved time and again that the kind of public spending that this woman recommends is totally wasteful in a country like India with a abysmally low integrity quotient. All it does is that it would enrich the party cadre and the middle men who are supposed to supervise such spending. We've seen this happening again and again and it is surprising that she is recommending more of it. But then it's not the first time that we see these JNU idiots spouting nonsense packing it up with much hand wringing ( literally)!!

[@GirishKumar-jm5gi]

@@ramakrishnashenoy9090 you are literally talking teaching economics to a troll! Never do that!! He won't listen.

[@beautifullife5782]

He s not even got single word of u... Pls don't waste ua energy here😂😂😂

[@kumarmadhan5942]

Please talk about Hinduism or ram mandir, Pakistan. These are real issues

[@shahad1770]

kumar madhan you one of those who have no clue what is happening in India, even after hearing this. 🤦‍♂️

[@kumarmadhan5942]

@@shahad1770 bro it was sarcasm 😂

[@ramos4432]

@@shahad1770 and you are one of those who don't understand sarcasm

[@whythiskolaveridi1883]

@subhadeep mandal you are andh bhakt 😆

[@sanjeevinipatil6934]

@subhadeep mandal Andh Bhakts are everywhere 😂

[@wrathg]

Meanwhile govt makes high budget music video with my tax money in the name of Swachchata anthem

[@Babumoshai..]

Gadiwala aya gadiwala aya 🤣

[@Prateeklovesg]

I disagree to her. You are presuming what is made in India is bought in India. If it’s easier to do business in India things will be made in India which will be sold to the entire planet. So it’s the Global demand that would matter not the local demand. I am glad ease of doing business is getting better and I believe this will get our economy going. What you are talking about is a pre globalization world.

[@albertjoseph4604]

@@Prateeklovesg Global slowdown is because us-china trade war. Which is good for India, Canada last month record highest growth in 4 years(mainly because US investors invested their money in Canada rather than in US because of trade war, Similar Bangladesh recorded high growth in it's history.

[@sayanbasu890]

@@Prateeklovesg are you an economist or even ever studied the subject? If yes, then go and study again. If not, then better be quiet.

[@Prateeklovesg]

SAYAN BASU I did. It’s my job. I get paid for it!

[@kalyana9705]

I came here thinking she would just say government is doing everything wrong, and she would not give any possible solutions(like everyone else does). But I'm pleasantly surprised that she did suggest some solutions. Not sure how practical they are, but at least she isn't just all about complaining

[@sg4250]

The solutions are what George Soros wrote to her.

[@rishabgupta6670]

Thankyou for coming front and telling the reality on online platform. We are in a very bad time where Godi Media is worshipping Modi and spreading religion hate. You are doing awesome work.

[@Prateeklovesg]

I disagree with her. What is made is in India does not have to sell in India. It’s a globalized world what’s made in India sold globally.

[@sayanbasu890]

@@Prateeklovesg Sssshhhhhhhh

[@Prateeklovesg]

Unsung Songs exactly thats where ease of doing business will change our products as more multinationals bring in their technology to make things in India. For example, if Apple and Samsung make things here they bring in the technical knowledge as well and we slowly improve our products. Chinese products were horrible in the beginning and then they slowly improved.

[@thenobody4591]

To be honest, the union FM has the brain of an undergraduate economics students who just can’t graduate

[@anikadev8324]

Her hands are tied... Modi is government

[@yusufahmedkhan3608]

It's sad to see our country like this

[@scientificatheist9381]

@Chief Hopper Sadhguru has unique vision and has a solid plan. Besides, he is doing good work in giving quality education to needed children. Inbred Indians are self hating inbred any way lol so criticism don't count.

[@Babumoshai..]

Go change it then

[@Babumoshai..]

@Chief Hopper whi the fuck is jaggi 🤔

[@pranayr9284]

@Chief Hopper True that. Jaggi has his Isha Yoga centre in Coimbatore through the Elephant Corridor. Cut 1000s of trees for constructing that yoga centre in between the mountains, which is a highly eco-sensitive zone. Many complainants of his are today missing. God knows what happened to them. His Save Cauvery is a scam where he collects money from people in the name of planting billions of trees. But he doesn't have any land along Cauvery to plant it. He doesn't provide any proof of planting trees. Even if he plants them, it's just a minor(negligible) step to save Cauvery. If you ask for the evidence he will tell you that he threw crores of seeds along the banks 🤦🏼‍♂ No proof for that even.

[@ashutoshk932]

@@pranayr9284 all of what you wrote is false and invalid.

[@falguni1185]

I'm an undergrad student and I completely agree with what she has said. This is just what we are taught in class.

[@miss55apple]

Falguni Khudkhudia The western world is still in control, kick the firangi s out! Get your own banking system and give FLIP THE MIDDLE finger to the bankers who are the ILLUMINATI! Asia unite fuck the west kick their disgusting ass out’ your inviting a Dutch king who never apologized to us the Hindustani who were taken away from Hindustan During British rule under INDIAN SLAVERY ACT! Now he’s bitching in India about India being a hindu nation ! He should shut his shitty mouth! I’m in The Netherlands and we the former hindustanis aren’t being treated well! I’ve been discriminated in his Christian country so he never stands up for minority’s I’m his nation! Muslims attacking our elders who visit the mandir, or just being attacked of being brown and getting insulted! India needs to kick the firangis OUT! Especially bill and Melinda gates foundation who are making our people sick with their vaccines filled with animals blood and organs heavy toxic chemicals etc you are getting yourself sick because they are spreading their diseases thru the vaccines

[@miss55apple]

That’s because they haven’t changed the system when the British left!

[@lazypops3117]

miss55apple Paranoia is a serious psychotic condition. please take care of yourself.

[@justanotherview3243]

@@miss55apple Dear Braindead, economics remains economics whether the Brits stumble on ideas or the Americans do. Please have some shame.

[@maazmulla2284]

They thought running a country is like tea making.

[@AH-bh4zw]

😂👌

[@salimabdulrazak3190]

Don't forget frying bajia's n chowkidari at night

[@erfanrules]

Its all because of Nehru ....maam..... This one line is enough to fool our Indian masses.

[@kushalvora7682]

Not masses actually. Many modi supporters are seeing through his bullshit now.

[@bhavishnareda3312]

@kushal vora i hope that is right but that doesn't seems to happen. Idk but it seems 2024 tak democracy तानाशाही me convert ho jayegi

[@erfanrules]

@@kushalvora7682 fyi...i am not congress supporter....but the way this government is handling...it scares the shit out of any middle class bread winner. This government got a very good opportunity to run this country because of much public support...hope they would atleast concentrate on implementing right policies.

[@abdul8662]

So...do you think no solution?

[@ggeo1364]

govt.should only listen to minorities,is not it?

[@nupursingh2012]

Such simple solutions. Our government doesn't have intellect like her or even a person who'd understand the basic principles of economics.

[@deeptiparchuri9649]

Most have quit r either removed now only chamchas r left see the statement of cheif economic advisor on automobile sector slowdown i doubt his basis knowledge in economics

[@venkatesh4715]

All these doomsday predictions have been proven wrong. India is the fastest growing major economy now. Govt did well by working on supply side. That's why we could come out of pandemic. If govt made transfers and worked on demand side... But doesn't produce enough goods to meet demand then, inflation will skyrocket. Thank God such people are not incharge of economy.

[@devendrahaldankar8535]

Exactly!

[@vector0001]

HDFC CEO, Aditya Puri : India is still one of the fastest-growing economies and I’m confident of having a good Diwali season. Despite the ongoing slowdown, we see an environment, where demand exceeds supply in this country for at least the next 5-10 years. We are positioned with tech, products, access and we do believe, barring unforeseen scenarios that the bank’s growth should not be a problem.

[@narendraanjinayya8727]

Somebody forward this to Nirmala Sitaraman and Modi They are under the notion of cyclical slowdown

[@Prateeklovesg]

I disagree to her. You are presuming what is made in India is bought in India. If it’s easier to do business in India things will be made in India which will be sold to the entire planet. So it’s the Global demand that would matter not the local demand. I am glad ease of doing business is getting better and I believe this will get our economy going. What you are talking about is a pre globalization world.

[@narendraanjinayya8727]

@@PrateeklovesgIndian economy hardly influence by foreign economy that's why we hardly effected by global slowdown. Currently Indian demand side is in slowdown there is immediate need of revival which has to be given priority Considering Global demand to boost Indian economy is a long term process

[@Prateeklovesg]

Narendra Anjinayya tell me how you increase internal demand? Even this professor does not suggest much. The past was a different story. Right now America is doing well. Americans are spending. If we can sell to them we will create employment in India.

[@narendraanjinayya8727]

@@Prateeklovesg We trying to do this for long time say FDI, Make in India, Foreign trade agreements, etc I am not against it But it will take time as I said earlier as she said signs are showing of recession if such thing happen structure of economy get disturb then no use global revival During 2008 Manmohan Shingh increase government spending increased govt employees salaries, increased pension, bonus pension, tried provide more liquidity to people That worked well for revival

[@Prateeklovesg]

Narendra Anjinayya How would you like the government to increase spending? Increased government spending would increase cash flow in the economy without a real rise in production output. What would that do? Increased inflation.

[@sampathsams]

India grew for last 4 years at a rate never imagined in 2013 that too with low inflation. Its normal for a large economy like India to cool down for 1-2 years after posting tremendous growth from 2014-2018. The growth will hopefully pickup in 2020. Now is a great time to invest or start a business so that once the growth resume the business will have the capacity to handle the volume.

[@vivek4920]

Only arvind kejriwal is doing this, cmon let's give him in chance in 2024

[@nishilbright2007]

@Nav V baaki states maze me hai? 😂 😂 😂 Atleast Delhi has education oriented stuff.. Rest states are being ruined bad.. Delhi is anyway mainly controlled by CG for main things unlike other states so blame BJP in the centre for not allowing Kejriwal to work

[@OldSoul2779]

How would they understand what an undergraduate does, when most of them haven’t gone to a decent school, have no certificate to prove any such possibility and have learnt in the “school of hating others”?

[@richyrich3942]

Cash Liquidity wiped out by Demonetization and GST. And It will newer come back on hand till 10 to 20 years.

[@Savioami]

10 to 20 yrs ..yes it seems like that only. Already we shut down many business . Very scared to think about it. Congress had made people be happy.

[@samay4596]

According to the Keynesian and Friedmanite theory of economics, the economy experiences three to seven years of growth, followed by one to two years of decline. The slumps are worrisome, but not too daunting since two years lapse fairly quickly and then the economy is off to the races again. This normal business cycle framework has been the standard since World War II until now.

[@shrikantinamdar9781]

Absolutely correct, government hv all 10th fail donkeys n all greatest economist of the century are out,

[@r.balasubramaniam682]

God's blessings on Prof Jayati Ghost. Amazing clarity of thought & amazing compassion. Thank you

[@gokulsumaithangiramamurthy7897]

I am seeing this video in 2023... I 😅😅 laughing on how wrong she was...

[@ranjanoberoi4255]

Everybody knows that this is a demand problem.Large middle class population has no money to spend.What is the savings rate?SENSELESS expansion in real estate during 2006-2010 is one of the major problems.During this period the real estate sector got huge funding and the prices were being manipulated by developers and some of their sympathisers.A hype was created that real estate is the only sector to invest in.Prices were prohibitive and yet people were buying.A large number of people who put their hard earned savings in real estate have not yet recovered from the shock they suffered.On top of this there were builders like UNITECH,JAYPEE INFRA,AMRAPALI and the likes who cheated people .Lot of illgotten cash went into real estate.Some of these projects never delivered promised accomadation and people lost lakhs of crores in the process.Even today inventory in NCR alone is huge which will not be absorbed in the next decade.Then came scams in stock markets,where people lost a lot of money.Now a stage has come where middle class has no extra income to buy anything.Wealth erosion after 2014 was huge for urban middle class who were real spenders.The GDP growth duri g 2006- 2012 was all bogus and was aided by SENSELESS expansion in real estate which generated demand and jobs.Where are real estate developers likeUNITEC H,JAYPEE,AMRAPALI etc now?We are a nation of scamsters.

[@nparekh79]

She is a professor at JNU.

[@aniketyadav7998]

Yes. At the top most university of India

[@Tej517]

@@aniketyadav7998 for economics it's Delhi School of Economics and IIM

[@sunken365]

U should know that

[@MrPrince750]

Then we know about her!!!

[@MrPrince750]

@@aniketyadav7998 really..what for

[@rohannayak3827]

First improve Education ,then infrastructures to attract foreign and private sectors.

[@Arunsingh-fi2yw]

Government has far better ideas, but they don't want to implement it... Let people suffer where they can barely earn and butter, so that they cannot pay attention to other things

[@sandyoil]

After a long time, someone understands what's wrong with govt financial decision ...

[@davidyadav2503]

Most illiterate government ever.😑

[@rohitgiri0]

@rkdhiman 318 yup because expenditure on health and edu by AAP. I mean who does that chutiya kahin ke. Unhe ye bhi ni pta ye paisa ram mandir mai donate krte to india kb ka developed ho jata.

[@vaishnavizade79]

I request this maam to reach this message to the goverment 🙏 Who all agrees hit like so that the channel can see comment..

[@DG-kv3qi]

No she is anti national.

[@sachinkapoor7398]

People have plenty of money in their hands ma'am. People don't want to invest because they are refilling the vaults which were once full of black money but drained after demonetization and stringent property laws which now require only white money for investment. People this year have suffered severely due to calamities be it flooding rains or draughts throughout India. It will take another 6 monts to 1 year to get back on track if you ask me.

[@GirishKumar-jm5gi]

This is a place for leftist and other peaceful people to mastrubate by blaming govt, you are not supposed to speak out logic here!

[@sachinkapoor7398]

@@GirishKumar-jm5gi true that😂😂😂

[@sanketheda9578]

First of all, I would like to mention that I come from a middle-class business family. All my family members are able to do good business in Maharashtra right now. The world is facing a global slowdown from the last 2-3 years and India meanwhile adopted some bold decisions like "Demonetization" and "GST". Adding to that India also faced lower than average rainfall in the last 3 years except 2019. So, despite all this India is able to manage an average 7% GDP growth rate and 6% in the current fiscal year 2019-2020. Yes we do have economic problems and government and RBI need to do a lot more to make it stable, but claiming it as crisis or recession-like situation is utter foolishness.

[@sanketheda9578]

@S S Absolutely. But if you see it has changed the previous numbers as well. And these methods will keep on updating as we will have better data to understand our economy.

[@wolverine5555]

@@sanketheda9578 Very Humbly how do you conclude that the world is facing a global slowdown as you mentioned in your comment above. You could be true but Can i get the source of your information to verify if it is authentic or as bogus as the schemes and policies of indian government. And also if you dont mind can you state your qualifications because calling a expert foolish who is in a panel with noble prize winning economist your qualifications must be high enough to challenge her statement. No offence is meant towards you in anyways just curious.

[@sanketheda9578]

@@wolverine5555 Hello brother, here is a link which will give you a hint on how things are not that rozy in International market. Also Brexit, US-China Trade war adding more uncertainties. www.theguardian.com/business/2019/sep/25/global-recession-a-serious-danger-in-2020-says-un I am definitely not qualified enough in economics. However, I can say that any human being can make mistake and I am just calling one statement of her as a foolish statement.

[@sanketheda9578]

@S S 1. Brother, GDP number are calculated using complex formulas. If the formula is changed then x and 2x will give different answers, but note that value of x will be same. 2. I don't claim that I know it all. Demonitization was a bold step according to me. If you don't agree with me then that's fine. If you want then we can always discuss each other's viewpoint but arguing is not my cup of tea. 3. I come from a business family. My extended family members are situated in at least 3 states and most of them are having business as their primary earning source. And I have a lot of friends who are having business right now. Most of them are happy with GST. I agree some of them had to face a lot while GST was getting implemented. But that was at the start and now most of the business owners have accepted GST. 4. One can allocate 10,000 Cr to education but if only 2,000 Cr is getting utilized property and rest is either getting misused or going into corrupt hands then Allocating 2000Cr makes more sense. Also, look at the number of IITs, AIMS, IIMs now and compare it with 2012 or 2014. You will understand how taxpayers money can be utilized by avoiding corruption.

[@luv2touchpink]

That's what exactly Karl Marx had postulated some 200 years back. That 'capitalism' is an inherently flawed system because the bourgeoisie(the capitalist) in his eternal quest for more and more profit replaces his workers (the proliteriat) either by more cheaper workers or by a machine by automating the task. Thereby whatever goods and services the bourgeoisie produces, the proliteriat is unable to afford to buy them as they don't have a job or enough money left to buy the stuff as the bourgeoisie pays his workers the bare minimum wages.

[@sshubamsanmotra]

Who is the economic advisor of godi govt. First measure is that expelled them from their jobs

[@Arunsingh-fi2yw]

You thing the government are not aware of it, offcrse But its the government itself doesn't want people benefit, so they keep struggling with money matters, n not pay attention to others things in society..

[@ajsujit]

The people don't vote on economics.

[@shifashassan1296]

The country is in the wrong hands. That's why all the problems.

[@user-zq6il3ze1q]

I think.. Pappu is the right person... Who can handle every thing... 😁

[@ashsqx3246]

Who is right hand? Pappu?? 😂😂

[@shifashassan1296]

@@ashsqx3246 yeah he is more educated, intelligent than current pappu pm

[@shifashassan1296]

@@user-zq6il3ze1q pappu is pm.

[@user-zq6il3ze1q]

Current PM is not Pappu.. He is the Heatler... .... And we like this Hitler.. Very much.... Thank U MODI JI... aapke aane ke baad haramiyon ki baand bajane laagi... 🙏👍💪🚩

[@anilpatel2950]

The worst part is they r collecting billion of rupees in Swacch Bharat cess for last 5 years and still delhi Mumbai tops worlds dirtiest cities but no body admits, it's a scam.

[@gauravkumarjain1537]

The problem started over one year ago Reason - degrading health till death of previous finance minister New finance minister although has phd in economics but is taking much time Jaitley was most qualified minister in modi cabinet and had decent grasp over market research.... Sitaraman has no prior experience in handling these minor problems arising due to minute policy change she is taking things slow

[@Nave2nkumarshah]

Well I agree about nirmala sitaraman, But demonization was done when arun jaitley was the FM

[@gauravkumarjain1537]

@@Nave2nkumarshah Unfortunately demonization was taken very hastly because many people had already leaked the photos of new 2000 notes and top businessmen were guessing why It would have been a matter of time that plan would be leaked before demonisation Jaitley surely defended government but my business freind in delhi told that plan was already leaked at 6pm ... 2hr later we heard modi So modi didn't had any choice to announce prematurely

[@Nave2nkumarshah]

@@gauravkumarjain1537 Well you can try defending this with all the lame excuses. Even if this was leaked, has the counterfeit notes have been vainshed? or we have transformed into a cashless digital country and just dont talk about corruption, black Money, Terrorism etc. It was a major blunder.

[@bhavishnareda3312]

Jaitley was one of the *worst* finance minister of india. Demonetisation and application of gst was regulated under his ministry & today we are seeing the consequences

[@sherlockholmes882]

True. It's mostly a demand problem. Since most people belong to rural, agricultural sector, their decrease in demand is slowing down economy. Hopefully government would do something about it.

[@chaudharyashu13]

Mam we are not in the middle but have already entered a economic crisis

[@ankita-vj3sb]

Middle of crisis is worse than entering in one isn't?

[@AnuradhaSharda]

Awesome.. Even laymen can understand this.

[@damascus5134]

Seems like she knows how to bring acche din, inspite of never making a promise that she would bring acche din

[@abhisekroy6187]

Because she's not in power

[@NIGHTMARE-jh4bp]

Everybody is an expert till you actually have to work.

[@daasocialninja4804]

@@NIGHTMARE-jh4bp i don't know what ur talking about she is literally a professor hunty. THAT MAKES HER AN EXPERT.

[@anusuyagarg3834]

Finally , it is warming to read the comments as now it seems that the youths understands that this government is going nowhere rather than believing on a uncertain "acche din" which will never come as it seems now..

[@ratanramawat7292]

after viewing this video I'm so glad that all her wild speculations were so wrong

[@madhusudanprabhu1389]

What she said is true. But the problem gets compounded when there is slowdown likely to happen in the entire world.

[@mohdmohtashim9841]

Question: Why would I take all the recommended measures if I am not interested in upholding the democratic status. Because economic slowdown creates chaos a chaos creates distraction which in turn creates opportunity. That is Dummies guide to Dictator ship. Or as to borrow a line from you professor it's "Dictatorship 101".

[@debodiptapaul]

Chaos is a ladder.

[@user-zq6il3ze1q]

All the Problems has been created because of population only. ... ... Population Control act Should be implemented on all the religions.... 😠

[@maanvipardhi5098]

So true this is what I was think. This is true. When no income and employment then where will India stand

[@adityamathur2093]

I consider her reasoning partially right, and my fair reason, is that you definitely create supply first for everything, demand automatically comes, like smartphones came first and then demand for them automatically came because of invention, similar like KZbin came first and then people started creating content So definitely govt should consider on making things easy for businesses cause that in turn generates more income and employment, capitalism 101, and then automatically people get money to spend. You don't go out and give fiscal stimulus all the time, you give jobs, and employment which businesses can bring.

[@dmenterprises5853]

Corporate tax & interest rate reduction. In both cases where is common man ? Tax cuts for Investments: More demand automatically attracts investments. In current scenario poor demand is resulting into underutilization of capacities, upto 20-55% & even closure of units. Who will invest for increasing production to block his produce? Interest Rates reduction: Facing job losses & falling salaries, masses are struggling to make their both ends meet. In such conditions will they buy TV's washing machines or refrigerators ? By this reduction of interest rates, already7 disbursed corporates loans are going be restructured on lower rates. Who will get its benefits? Top 5300 companies had record profits of 30% in 2018-19. If improvement of corporate profits leads to more investments, then why they are not investing?

[@sayanbasu890]

I want this full interview... Where can i get?

[@jags6062]

Tats right don't assume.

[@ShubhamPatil-cb8dk]

@Prithvi N very soon, they will be having these pracharsabhas on signals. And beggars sitting by their side will listen.

[@shashijain5084]

A humble and fervent request to our Pm & Fm! Please listen & act on madame Ghosh 's recommendations before it's too late! This isn't a political issue it's a purely national issue.

[@abhijiththampi]

Should've been made an RBI governor instead of the history MA dude

[@muddassirahmad5857]

Wtf ? Isn't he economic grad?

[@abhijiththampi]

@@muddassirahmad5857 Shaktikanta das has a BA and MA in history from St Stephen's. I think he was economic secretary at some point, that's his qualification, apparently, to run the RBI.

[@korabkanwar6784]

We should Sign a petition...All the youth must sign it... If we able to get the petition to 1 million.. then there will surely be headlines (at least On NDTV)and Government will wake up.. Well There are very excellent people in Advisory to PM and FM but the thing is they are afraid because of Ego that Modi has..

[@gamerseden856]

So that means Rahul Gandhi's universal basic income is a good idea to raise demand in market and ultimately increasing economy

[@shubhashishsaha7521]

Check Andrew Yang. He is polling at 4th position for Democratic nomination for the US Presidency even though he is a newbie. UBI is a sane idea. "It’s not left or right it’s forward"

[@vaibhavsrivastava655]

It's clear that wages aren't rising because of the lack of creation of good quality skilled jobs in formal sector. 2018-2019 was the complete year of negligence. Jobs are market oriented but skill requirement per each sector varies from each other. Govt needs to focus on that.

[@robokarizma0308]

Economics 101 ! Totally agree. Very sorry state of affairs. Pathetic and dismal situation.

[@donkeykicks9966]

What you are saying is correct . Rural employment if you push more funds , Agri sector will disappear because no one is already coming to work in villages

[@shouvikpradhan1094]

The current slowdown is only because of neheru, Gandhi family, Pakistan, anti nation ,tukde tukde gang , Khan market gang , award baapsi gang 🤣🤣

[@tan_ishka]

In Sept 2019, we were in the middle of economic crisis and now, in Sept 2021, what's happening?

[@SanjuBaba-vv9rh]

Next step from Government: Ask Godi media to call her Anti National

[@saedaslam2620]

This is where you all are wrong. The Government is well aware of the situation. It does not want to loose its support so they are trying to cover it up. But clearly they have not managed to do it properly

[@amjadkhan4816]

Don't expect these with a Chaiwala

[@aboli8573]

According to Government E=MC² E= economy MC= movie collection

[@atecengineeringcompany2364]

You explain.in 3 minutes what this government is unable to understand in 3 years. On economic front this government is absolutely clueless. I call Modi and his council of ministers "Economic Idiots".

[@AmarMishra]

Just like all public affairs economy also work in cycles. There are periods where consumption gets low because of intangible factors related to public sentiments over commodities , services and economic future. Notwithstanding anything about cyclical nature economics experts like Ms Jayati Ghosh and also Prof Amaratya sen have questioned the structural feature of India economy " wealth to wage" transition. Indian economics is majorly domestic consumption. But the " national income" redistribution or per capita income is inordinately in favour of big corporates and powerful agriculture lobbies( large land owner, trade monopolies) who supply India's consumption along with foreign imports. Prof Jayati Ghosh stand is backed by Dr. Manmohan Singh's critical stand on the issue of managing supply situation to resolve a demand problem. Social sector spending is low on skill/ education training and even healthcare( Though current Govt has done much through reformative Ayushman Bharat scheme). Probably its time to revisit idea of creating All India Educational Services for long term skilling of human capital. Moreover labour intensive economy where wealth to wage transformation is faster needs a boost. The government of the day has discreetly targeted self employment/ entrepreneurship as economic model.Individual entrepreneurship works well when matched with capability particularly in domains of high end technologies involving ICT, data sciences, research oriented startups where innovation challenges traditionality .But this model engenders financial risk in case of failure for tranditional economical goods and services as is seen by various defaults in Mudra yojna. The energy of institutions like SHG, FPOs , micro industries with advantage of collective bargain, resource pooling, risk distribution, management matched against individual capability needs revisit by economist . As small production units compete with larger corporations in capture of resources and means of production goverment must side with smaller units.

[@kaamranmohammad1584]

Sister Jayati Ghosh, No point in blaming anyone. The West is going down towards the bottom of the Atlantic and they wouldn't want to see anyone floating alive. Now connect the dots.

[@hriday1341]

Lady went from problems in demand side to socialism real quick

[@varupant1]

Damn truth.She just reached to crux of the crisis.

[@bhupendrasingh5561]

US is having 7 percent inflation , were they fools, issue is there are so many opinions among different economist too, if you listen to few of them you will realize there is no single way

[@TheShashwat213]

More and more public spending will increase inflation rapidly at this point..... We need to wait because the market is already bottomed demand will rise automatically during festive season and then bring in the structural reforms

[@snskumar1037]

Thats what we are hoping for but the festivities is also last chance for automotive sector which is cornerstone of Indian Economy and is getting paralyzed. The larger ques is does people have enough in their hands for this festive season

[@TheShashwat213]

@@snskumar1037 well bruv indians has the highest ratio of domestic savings with proportion to gdp so there is no problem of having money to spent i think they're not willing to buy new cars because of taxes which were recently increased to 9% only solution for automotive sector is to bring it under 18% slab of gst... As of other sectors it will pick up sooner but yes the government did fuck up and went to sleep during slowdown and is now taking measures when markets are in red i think they need some new faces in economic administration

[@ashoknewar4960]

Please understand INDIA is facing ECONOMY SLOWDOWN because of DEMAND , which is created by liquidity crises, give CASH in hand of COMMON MAN demand will rise, people dont have purchasing power so they are not buying.

[@ashoknewar4960]

@@snskumar1037 absolutely right, it is a problem of DEMAND ,people dont have cash so they are not spending.

[@TheShashwat213]

@@ashoknewar4960 well in that case we just get a helicopter and start spraying cash on people's rooftops to increase demand but that'll just increase inflation exponentially

[@rsaigol9226]

Bang on- these are things we were taught at an undergraduate level - as obvious as stating water is wet - but the government cant even get that right

[@kbshrivastav8539]

Undergraduate education won't give you job you need to give bank ssc

[@uditjain07]

Lol. Why would govt. do all these when it can come back to power without doing it"

[@PentangleYT]

She spoke about a lot of things but didn't say that we need to reform our labour laws. I am quite surprised with that

[@anilpatel2950]

Focus is Islam, Love Jihad and Kashmiri Land, Women n water so No matter how simple you explain, Forget about Mango sucker even his AndhBhakts are not going to accept it.

[@AdvaitThakur]

Yes mam the basics..... Piyush goyal said don't trust the numbers, don't judge the economy by numbers. 🙄 Anyone who uses their brain for few seconds will understand that numbers itself make economy.

[@SONUYADAV-mo3ng]

Congress was corrupt as hell but at least knew how to handle nation. BJP is bending democratic pillars as well as applying Vendetta policy. Media has become MODIA. Two biggest parties had two biggest blunders for this country. I am slowly loosing faith in good governance. At least dont worsen the situation dear gormint.

[@manishkumar-hl8ce]

Ab India me aisi halaat h.. agr koi b bahar aa k sach bolne ki koshish krta h toh mujhe darr lgta h unki safety k liye.. bcz u right speech is going day by day..

[@shaikmujeeburrahman4807]

Someone take away Amir Shah’s phone (probably watching porn)and make him watch his.

[@blokeliontigerbalm9596]

Cats and kittens. I agree😂😂😂😂😂 Mota dick

[@suravimajumdar3277]

It's unfortunate that instead of her, we have an absolutely clueless Finance Minister, just because u don't have to be qualified to become a govt. representative.

[@deeprise1]

We are on dearth situation due to lack of awareness.

[@nidaa3233]

But if that's done won't there be more social justice and equality. That's unacceptable in India. How will the ruling party politics survive. Let's focus on Hindu Muslim Divide, NRC, Kashmir, Pakistan instead.

[@poundedlizard]

She has no idea the problem either. She thinks the govt can fix it lol

[@sandybro3221]

@Beep Bop Let her give her wisdom....anyone can say to government to provide better healthcare, education, etc.... Where the fucking money is...for government...idiots...

[@chance2526]

Excellent. As a senior citizen I don't have money to purchase my daily necessities because the banks reduced the interest on my deposit and on which I live on.

[@ramchandramahamuni5932]

You may be great economist....but analysis made are not of that class....every one giving example of not buying car and houses.... In past.why british thrown tea in sea at bostan....that there was saturation state....as like...if you analysis the average age of population....answer is there....leave that great theories....personelly you at what age brought car.?...may be onward 32 yrs...that means....people having age group of 32 to 45 is most sensitive group of buying power....this age group is saving for future....on the other hand parrents of these group had already purchesed car,house,households....means this group is either spending money in other sectors or saving....20 years back how many people were going on europe tour.world tour...very few...and now how many?.... thats the reason.....and particularlly car buying, its changing phase peole are in puzzle...either BS6 or petrol or electric and so many confusion....if so why M BENZ sold 200 cars in one day on DASHRA.... and how many Tractors purchased in NASHIK on dasra festivel.... गोष्टी करते... काय केळ कळत हिला.. गाजर पारखी दिसते... उंबर का आंड ते कळणा नी म्हणे अर्थ शास्त्रज्ञ...

[@prana2946]

Jayati Ghosh is an Urban NAXAL.. Working in JNU, she had close links with the people in Naxalite Guerrilla platoon .. Bengal village named as Naxalbadi is where Naxalism started, some picked guns, some went into the society in politics, universities, all kind of government institutions... 1969 is the first time India had a minority government formed with alliance of Naxalite parties CPI..and they started putting their man/women in each and every institute..1976 JNU was formed as a Breeding of Urban Naxalites..

[@subtlethingsinlife]

From mediocrity to idiocracy ... The story of India

[@subtlethingsinlife]

@Prithvi N I abhor leftist mindset , communist ideologies have led some of the bloodiest human rights abuses across the world. But, I believe truth be told , probity , accountability and transparency in public life. That's a must .

[@cheenaxe]

slowdown is a joke if anyone knows what an economic cycle is. And your suggestions are valid to increase spending but remember if you want to be self reliant as a country you need to choose who you buy from and what you can produce. simplistic economics doesn't work.

[@aamish374]

If, as she says, supply is more than demand which has cause deceleration then there should be deflation. But inflation is even higher than 5% in India. Problem lies somewhere else.

[@upashidulhan8222]

Simply because supply is more than demand doesn't mean, the supplier will start selling the item in a deflated rate. Instead they cut cost by stopping manufacturing and reducing their number of employees. :)

[@ravin2363]

You should research about the auto and real state inventory, you will get your answer.

[@DaRkLoRdX97]

adding some random overseas economists wont make you right

[@ShubhamMirg]

The audio guy doesn't have a clue.

[@asadfami7623]

Extremely smart woman. Love and respect from Canada.