Ideal Forex Reserve For India? | Understanding GDP Growth, Fiscal Deficit & Economy | Raghuram Rajan

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Күн бұрын

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@bestofsatish
@bestofsatish 2 күн бұрын
India can reduce gold imports by issuing gold certificates which gives return as Gold price in USD or fixed deposit rate whichever is maximum. India can easily save $50bn each year by this move
@venkataviswanath6688
@venkataviswanath6688 Күн бұрын
No one trusts Indian government!
@gagan3440
@gagan3440 21 сағат бұрын
Gold investments though are dead and inactive assets, but still appreciating & highly liquid/AAA rating one. Government can later still use it to back our/BRICS currency.
@chiragkamani369
@chiragkamani369 18 сағат бұрын
Weren't sovereign gold bonds supposed to bring down the gold imports?
@gagan3440
@gagan3440 16 сағат бұрын
@@chiragkamani369 Replacement of USD by a BRICS or any other currency which is gold backed was not on the Anvil that time
@gagan3440
@gagan3440 21 сағат бұрын
Free education+health/electricity+water+bus to ALL is still better than direct cash transfers any day Those essential freebies improve HDI of any state, but the direct cash transfers can go to evils of liquor, tobacco, gambling etc. too
@rajx7120
@rajx7120 2 күн бұрын
Mr. Rajan, you never appreciated when fiscal deficit was low in the past years. But when BJP succumbs to freebies like opposition, then you start advising. You never told Congress govts in Karnataka and Himachal, to reduce freebies and fiscal deficit. It shows how biased you are.
@balasubramanianramaswamt1711
@balasubramanianramaswamt1711 2 күн бұрын
BJP announced farmers freebies 4000 rupees each quarter and Hariyana and Maharashtra election manifesto declared freebies and each ration cards 5 kg wheat freebies
@rajx7120
@rajx7120 Күн бұрын
@@balasubramanianramaswamt1711 16000 ₹ per year for small farmers is actually income support, and is globally recommended measure. It costs less and impacts more. Whereas, more than 1.5 lakhs per farmer in MSP procurement and loan waiver for big farmer, causes wasteful overproduction and delinquency in loans. Don't even compare.
@rajx7120
@rajx7120 Күн бұрын
@@balasubramanianramaswamt1711 And BJP was last to announce freebies after focusing on infrastructure for a decade.
@gagan3440
@gagan3440 21 сағат бұрын
Free education+health/electricity+water+bus to ALL is still better than direct cash transfers any day Those essential freebies improve HDI of any state, but the direct cash transfers can go to evils of liquour, tobbaco, gambling etc. too
@rajx7120
@rajx7120 20 сағат бұрын
@@gagan3440 Ban liquor, gambling etc. Put tax on them. But cost of free electricity is borne by industry that ends up reducing employment, and govt also increases petrol tax, that increases cost of living for everything else. That's what Karnataka is doing now. Cost of petrol, milk, cinema, everything else increased
@AjaydeepArora
@AjaydeepArora Күн бұрын
Freebies started by Kejriwal in Delhi and then by congress, BJP and others 😢😢😢😢😢 Salaried people r all paying this
@vishnuprasadreddyeng
@vishnuprasadreddyeng Күн бұрын
You lunatics cry on poor, spend sometime on doing something entrepreneurial.
@gagan3440
@gagan3440 21 сағат бұрын
Free education+health/electricity+water to ALL is still better than direct cash transfers. Those essential freebies improve HDI of any state, but the direct cash transfers can go to evils of liquour, tobbaco, gambling etc. too
@RKV8527
@RKV8527 23 сағат бұрын
Rajan sir, I have sought clarification from you several times but you ignore me. How do you arrive at the unemployment data > with your eyes? or any database? According to the RBI website, there are 45 crore MUDRA loans. There are 13 crores, of borrowers in the agricultural sector. If two persons work on each MUDRA/ agriculture loan account, 116 crore Indians are self-employed or employed in the MUDRA/ agricultural loan categories alone. The total number of Indians in the age group of 18 to 45, is 80 crore, and 30% of them are women who may not take up employment, there are only 68 crore in the employment market. If you add the number of employees in the IT sector, defense, govt, and private factories, construction, and other sectors, and students in this age group, what is the net requirement for employment?
@nagendraprad
@nagendraprad Күн бұрын
Indian govt should announce that gold kept in houses and temple are illegal and govt as right to confiscate those gold found at home except 20g gold for jewelry on women then Indian inflation will come down because rupee will increase compared to dollar so our FDI will increase because of economy
@NidhiBobba
@NidhiBobba 2 күн бұрын
Bharat need 1.5 Trillion of forex to cover 24 Months of imports only + 600 billion,Equalent To our external Loans. + 3000Tons of AU(10,%Forex reserves)
@mintusaren895
@mintusaren895 Күн бұрын
Sidhi si bath humare desh educat0ion sajawat nahi,kis ko hire karenge. Ex up achhe tarah jante hain.
@mintusaren895
@mintusaren895 Күн бұрын
Mr rahhu sir pahle humne chinease items ko to phod kiya. Trump manne wala nahi, you are ex. Credit debit mashala.
@book--worm
@book--worm Күн бұрын
suddenly rajan became everyones go to guy ? why ram mandir not helping us any more ?
@ImogeneDebby
@ImogeneDebby Күн бұрын
Appreciate the detailed breakdown! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
@JosephineCumberland
@JosephineCumberland 2 күн бұрын
Very good video! I have TRC20 USDT in my OKX wallet and I have my recovery phrase: (pride pole obtain together second when future mask review nature potato bulb) How do I transfer them to Binance?
@theom5909
@theom5909 Күн бұрын
Why you inviting international Pappu ??
@lakshmanbijani2035
@lakshmanbijani2035 Күн бұрын
This fake Ram has not seen Dec PV sales... moreover he carrying Abdul Rahul agenda
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