Is India a colony of China? The answer is rude, looking at trade data

#Tradewar #CutTheClutter #IndiaChinatrade
Amid the release of India-China trade numbers from 2014-15 to 2019-20, Shekhar Gupta tells you why India's trade relationship with China is disadvantageous and colonial to India's detriment, qualitatively & quantitatively. He also makes telling comparisons with the US and Saudi Arabia, in Episode 716 of #CutTheClutter
Correction: The Drain theory was erroneously attributed to Bipin Chandra. It is a theory put forward by Dadabhai Naoroji. Error regretted.
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Additional research by Tenzin Zompa, Remya Nair and Kairvy Grewal
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Brought to you by @TataMotorsEV
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[@ThePrintIndia]

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[@thrinethran2885]

Gain conviction about the ends, and then you can clearly concentrate on the means. Or else, you become pawns in others' Great Games. Our dilemma as yet is who to be colonised by.

[@margaretthatcher3150]

sir please use better microphone, you audio is distorted.

[@drapoorvarora1034]

CHINA WILL ATTCK INDIA IN 6 years , INDIA SHLD PREPARE ITSELF! They want to measure the response of INDIAN ARMY , there deployment in recent conflict , WHICH THEY HAVE!

[@apoorvarora8691]

INDIA NOW START SEMICONDUCTOR CHIP INCENTIVES WHICH SHLD HAVE BEEN STARTED A DECADE AGO , SO NO LONG TERM POLICY! Neither LONG TERM POLICIES MADE NOR FOCUSSED, IN CHINA GOVERNMENT MAKE LOMG TERM POLICIES LIKE IN AI ROBOTICS , HUMAN CLONE , ARTIFICAL WEATHER etc

[@thrinethran2885]

@@MrLee-gj2jz Seventh in terms of area and second in population , 45 th in any virtuous list is rank dismal. That for a nation with the most impressive knowledge traditions and civilisation prior to colonisation, spells bad leadership in the last seven decades. The world order has always been Devil take all but the foremost, and now that order is being even more augmented. Chalta hai mediocracy is taking us down the precipice, make no mistake. None will accommodate us for colonial damage or the system of government in failed national ambition and strategic vision. And consider how economic sovereignity is being parceled our in the name of reform : All crucial financial sectors from micro financing to insurance are being given over to foreign investment, ie ownership and control. Have you noticed how a foreign asset management company is none too subtly armtwisting the Indian state diplomatically, after blowing out thousands of crores of Indian investors' money?

[@cutnicely]

When I was in India everything I bought made in China was cheap crap stuff (though sometimes sold at high price). But when I was in china all the things I bought (also made in china ) was good quality n not necessarily all more expensive. Later I found out that those crap stuff were special orders ptoduced specially for Indian dealers n some other 3rd world markets. While inside China their own people actually consume much better stuff 😓 Now I stopped calling China made stuff "crap", instead I call our state leaders losers, who could not work out a way to develop our own manufacturing power 😥

[@MohdNijamuddin]

okay, u seems to have understood the game, bravo...we import cheap stuff to maximize our profits and yes sometime the cheap stuff is order made.

[@mohitoberoi4089]

Some 2 years back, i went shopping for a phone charger near a railway station asked for an indian charger. The shop owner gave the answer of lifetime 'saab India me bas samosa kachori banta hai

[@parvadhami980]

Us samosa kachori ko talne ke liye Jo palm oil hein, woh bhi Malaysia se hi aata he.

[@ClarityEducation]

exactly...the commies and left leaning congress kept india poor intentionally to win election...had a lot of expectations from modi but modi was also doing the same politics of freebies....finally modi woke upppp

[@email4ady]

@@ClarityEducation woke up? When? Wat has he done? Economy in gutter since 2014, social indicatorz gone south

[@Agyaat_]

@@ClarityEducation Modi Woke lmao? Increased fuel prices and what not!

[@email4ady]

@@aadi2456 doesn't mean nda now isn't shit since 2014

[@iArpanMishra]

REPEAT AFTER ME! Indian bureaucracy is the biggest hurdle in India's development!

[@k.govardhansingh1278]

Why should i repeat after you. It's a known fact. 😆

[@rk95]

Nope, Land and labour r the reason

[@Abhi-tb5ww]

No indian democracy is

[@udayviruppal3730]

They hate "too much democracy" no wonder !!

[@gouravyadav3824]

Comment Kar deta hi fhir upsc ki tayari bhi to Karni hai 😁😁

[@rajeev7784]

“The greatest victory is that which requires no battle.” -Sun Tzu

[@gauravra8063]

Sun Tzu won over Chanakya?

[@rajeev7784]

@@gauravra8063 No , Chanakya is Chanakya , knowledge is knowledge. जात न पुछो साध की.....

[@abhaypratapsingh6887]

Haan isiko dhund raha tha mein comments, ek na ek samjhdar to mil hi jata hai Sun Tzu ko lekar

[@ajaysarathythee]

"We may lose a few battles, but prepare to win the war !" - Myself

[@victorray9369]

True. China is playing Art Of War tactics.

[@Flavious_]

Before Bipin Chandra, Dadabhai Naoroji had written a book on wealth drainage to Britain in "Poverty and Un-British rule in India"

[@shiveshtripathi4298]

Yes before these blinkered Historians , Dadabhai Naoroji and Romesh chandra Dutt wrote about the economic situation in India

[@IndiaTides]

Bipin Chandra cited Dadabhai's drain theory. So yeah. Nd yes. He born before and done analysis before. That is how life works.

[@shiveshtripathi4298]

@@IndiaTides yes and hence those works should be attributed to Original Scholar ..not the one who cite them

[@satyasubhash8869]

Yeah even I thought of the grand old man and got uneazy when he said Bipin Chandra...😂

[@nayanmalig]

Is it time to stop blaming British or not ? Look at Japan and China - India did not even a decimal point of what they went through seventy years ago. Today where are the Indians ?

[@jameshowlett3758]

India needs urgent land and labour reforms.... The red tapism has to go away.

[@YS-hl1hy]

Didn't you hear about recent U turn in Labour reforms.

[@YS-hl1hy]

We need to bring down each and every politician of Left first.

[@rk95]

Labour law can be amended, but land reform will pour india in to the blood shed. Land holding caste lobbies will never let it happen

[@YS-hl1hy]

@@rk95 bro lol. I don't know what do you understand by land reforms. We just need to remove land ceiling act and remove the requirement of CLU. That would be more than enough. Digitisation of land records will be the cherry on the cake if done.

[@rk95]

@@YS-hl1hy left can be silenced because they r few, but how will you reform the land?

[@subhankarchakraborty4533]

I am working in a small garment factory. In factory each end everything I touch is made China. We even can not produce a good needle that need to making Banian.Because we not only busy to criticize adani, ambani or Tata but we hate socialy evry small parson who want to produce something and try to sell it. The owner of my factory is my friend also. recently he needs some funds so we went to an public sector bank, he is old customer of that bank. The manager's treatment to him is not so good. It is very difficult to establish and run a small manufacturing unit in India.

[@venugopalbk4144]

Blaming Advanis and Ambani's are fashionable in the state of Kerala ,both the ruling fronts are in completion to catch more votes by doing so

[@alvinantony2696]

@@venugopalbk4144 development doesn't mean selling your asset to.private .. kuch bi ..

[@pritammajumdar8853]

@@alvinantony2696 you talking about that asset that was one of the most advance railway networks while Britishers left and since than not single screw has been altered then i think privatization is the last option left to try

[@alvinantony2696]

@@pritammajumdar8853 so the govt should work on it .. not privatize it ... the world know how much profit the Indian railway is both in term for employment generation, price and travel .. Selling it private company mean you just sold a good company and revenue generation option .. I don't get why people think private is better.. private works for money and not people

[@alvinantony2696]

@Shashank Sharma what ??

[@yb4x335]

Because of likes of JNU only, we wasted years in daridra narayan glorification and hating tata birla now adani ambani

[@hiteshsaxena1553]

@@KshitijBhambri1 This is where the problem lies, can't do anything ourselves and won't appreciate someone else's success either.

[@margaretthatcher3150]

nice to see some like minded people, else i thought whole youth is corrupted by communism.

[@margaretthatcher3150]

@delirium 45x or margaret thatcher 😂

[@mrashoksingh]

Communism has single handedly destroyed our education and potential. They made fashionable to hate rich ppl, industrialists and private industries. Every developed country has developed on the back of private industries (including China).

[@MohitKumar-jf8lz]

What you are talking about isnt capitalism, its corporate welfare. Its corporate communism.

[@rajeev7784]

Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win. -Sun Tzu

[@zenzo4815]

That's the dumest thing I ever heard in my life

[@techystt]

@@zenzo4815 That just speaks more about your intelligence than the quote.

[@zenzo4815]

@@techystt then plz explain to me

[@narendergupta8706]

@@techystt the shit

[@gauravra8063]

@@techystt You should be well read, to understand it.

[@amanshukla8758]

It's not just India, SG. If you look around the world, this is the case with a lot of countries. That is not to say that India should be excused, but China is the largest exporter in the world, even ahead of exporting powerhouses like USA, Germany, Japan, UK and France. Australia is a great example of how China can use this economic dependence to coerce any country. This is why we in India urgently need crucial structural reforms to bolster our economy so that we reduce our dependence on China. Which is why I like your channel. You guys take a firm stand for economic liberalism. Kudos for that!😎👍🏻

[@govindr3140]

These countries don't have that much population and poverty India has it!

[@subramanianmani2518]

Relax.Built Ram temple first rest will follow.

[@apurva6401]

You are a joy in the age of biased media.....You are neither left nor right but correct! Good job The print 👍

[@saptarshisengupta8235]

@@introvertshubham315 If he is left he wouldnt support the farm bills, the labour reforms, the mining reforms and other reforms. 🙂 But he did. He is clearly not left.

[@ShivShankarRama]

I only find gupta g non baised, every other thing comes out from print is leaning left or radical left

[@rn96]

Hello guysb..i know this guy internal biography...He used to get begs earlier from congress but now he gets insults ...what he is saying used to happen from from congress time also....so things are getting better

[@filmymela4638]

He is left, Apurva. Do not live in the Bhram that he is a centrist. He spread lies about CAA about it being a muslim filtering law. I urge you to check out this video where a supreme court lawyer dissects CAA-NRC and juxtapose with his videos on CAA-NRC. kzbin.info/www/bejne/ZmXIfaJ_rrB0nqc&ab_channel=Upword

[@akashrao1991]

I also love the print!!!! I think of myself as absolutely neutral (Politically,pun not intended) . I wouldn't say it is completely unbiased. He has his biases. But the good thing is that he tries to overcome his bias on most issues and try to present the news as neutral as possible.In this he , and his team , is very successful.But no matter how hard you try, there will be some errors which , I think , is acceptable.

[@motivationalmondays6440]

Sir Drain Theory was given by Dadabhai Naoroji Bipin Chandra may have mentioned about that in his book.

[@JustKiddingHere]

Agree

[@rashichandola2383]

This video feels like a therapy session, highlighting things we already knew about ourselves, but laid bare now. Terrifying.

[@sidharthpullarkkattumukund963]

I wish he was my professor 😂

[@ans72411]

Are we a colony of china when it comes to trade? Ans: yes, we are.

[@garyish]

And Amreeka is a colony of India by the same logic (of high tech exports) This cut the clutter is a weak argument

[@rahul958575]

@@garyish you got a point but considering our trade we are. We have a huge untapped potential in telecommunication devices which we are importing, where policies like PLI can change a lot.

[@garyish]

@@rahul958575 Absolutely agree on that. We are underperforming in many sectors. I am just saying trade-colonialism works in multiple ways. Shekhar sir needs to make sure his logic works in all scenarios before advancing a theory. That is my only argument.

[@scalarnai]

@@aadi2456For Australia, it's a case of you should bite the hand that feeds you

[@scalarnai]

Sorry you should NOT bite the hand that feeds you

[@MrPawanMehra]

India needs to come up with electronics and semi conductor industry otherwise we can keep beating around the bushes that there is a trade deficit.

[@double_courage57]

The "transistor" is an American invention. We need to fuel our research institutes to find a groundbreaking invention like that.

[@naveenreddy2132]

India should not come up with semi conductor industry, India should create suitable environment for semiconductor industries to come up.

[@donderstorm1845]

not easy to get into semi conductor industry. china is throwing hundreds of billions of dollars at it and hiring the best technicians from taiwan and south korea, but it's still a slow process. it may take them 10-20 years to catch up.

[@richarddawkins9166]

Modi Govt launched a 1 Billion Doller Production Linked Incentive Scheme for Semiconductor manufacturing recently.

[@arunram.curations]

@@donderstorm1845 Nohing is easy of a country wants to get ahead. It takes resolve and hard work. No easy pickings out there.

[@RahulNair88]

I have some many things to say , but let me just say cut the clutter packs in so much information in an incredibly beautiful way thank you Shekhar ji and ThePrint.. I will be a permanent subscriber to your kind of journalism for ever!

[@ThePrintIndia]

Hi Rahul, thank you for your loyal support.

[@lightyork8268]

India may not be China's colony but every colony in India has a Chinese restaurant!

[@kaushalparmar2118]

Koi sense hai iss baat ka? 🤦🏻‍♂️

[@saptarshisengupta8235]

You do realise that most Chinese Restaurants in India are run by Indian people and they sell "Indianized" chinese food that is nothing like the food you get in China?

[@nayaakanurag]

🤣🤣 liked the humor..

[@sana00071]

I am a corrugated box manufacturer and recently there was a steep increase in the Kraft paper which we use as raw material. The main reason here was that China has stopped importing waste paper which is recycled to make Kraft paper ,insted of that China is importing Kraft paper from India at a very high price. This is forcing the domestic corrugated box manufacturers to also buy it at a very high price. Exporting paper to china might reduce our deficit slightly but its hurting the local manufacturers.

[@davelawson2564]

As long as its profitable then its ok

[@josiegacia3397]

*Rich people plays the money game to win.* *Poor people plays the money to not lose.* *The goal of the truly rich people is to have massive wealth and the poor sees a surplus as an opportunity for consumption instead of investing it.* *change your mindset and do what the rich does,* *which is investing,* *investing and investing.*

[@gabrieldolph508]

I wouldn't blame the poor if they sees surplus as an opportunity for consumption..

[@gabrieldolph508]

But I will blame the middle class if they do that.

[@mannmarvli6060]

@@gabrieldolph508 don't forget, that's the mistake we do. We don't invest when others do. But we want to be rich like them.

[@mannmarvli6060]

investing in financial markets is a risk worth taking for the rich. But for the poor they are not ready to risk that little they had. *That's poor mindset killing them.*

[@vikramayang190]

@@mannmarvli6060 😏😏

[@davidbohem6524]

Hello my name is David.Im Dutch/Czech citizen living in Thailand for one decade and Im big supporter of your channel.Thanks for your videos and dont stop shooting.For me are India's media more free and democratic then EU and US media right now!!!!

[@PHANI00]

This video is provocative and insightful.. This trade surplus is something we need to take care of. Low key SG is saying lets be "Atma Nirbhar".

[@sumitsingh2349]

Yup

[@amitabhprasad]

Isn't lot has to do with what happened during upa terms? Absolutely no promotion for developing any of hi tech products, which I believe is being changed by NDA regime

[@PHANI00]

@@amitabhprasad though I agree with you.. there's nothing to be done by harking back to that time.. a lot of things were done wrong then due to weak leadership and coalition politics.. time to look forward now.

[@sumitchauhan6420]

And control the communist type activists.

[@ThePrintIndia]

Do keep writing in.

[@dr.nikhildatar]

Outstanding title. Great thought process and naked truth.. an eye-opener to every indian

[@evathings]

The quality of the channel is getting better every day. Please do something about the audio issue. Audio is noisy when SG speak while reading (near to Mic)

[@ashokkt01]

This is brilliantly articulated piece. Content matched flashy heading. Kudos.

[@ghettomaster1000]

Whoever has done your office interior has fine knack / taste in aesthetics, simplicity and art.

[@sms9865]

Most of the furnitures there are also imported from China😀😀

[@chillerbp85]

@@sms9865 Please stop commenting dude.

[@alcapone6796]

50% of our imports are raw materials namely Gold and Oil, another 10% are miscellaneous intermediate goods which we use for manufacturing. India has an inverted tariff regime which has high tariffs on finished products and low tariffs on raw materials.

[@BeautifulNaturalDramatic]

Very enlightening video - great analytical work carried out

[@saurabhdeshmukh343]

Keep up the good work Mr, Shekhar Gupta. One small suggestion, when you show different Years on a graph, you could show them from left to right(right being the latest year).

[@joshualobo7829]

Professor just gave our most unpopular historian credit for the grand dold mans pioneering work ! Small blip no biggy !

[@RohitSingh-it1mg]

Yeah, Dadabhai Naoroji

[@reardelt]

Indians will remain poor if their benchmark is Pakistan. India needs to start competing with China.

[@golumolu5962]

Dadabhai, R.C. Dutt, G. S. Iyer, G.K. Gokhale and P.C. Ray

[@saptarshisengupta8235]

@@reardelt Not China. We need to compete with the developed world. Like USA, Europe and Japan. China is not a good benchmark.

[@email4ady]

@@reardelt govt is inept

[@ishanbajpai6940]

Provocative title. I like it!!

[@reardelt]

Indians will remain poor unless we increase our ambitions. Just beating Pakistan is not a benchmark.

[@MohitGupta-or2xo]

@@reardelt true. And democracy is the biggest hurdle in our development. With every policy, there is a backlash by protesters

[@momobhai3792]

@@MohitGupta-or2xo democracy? so you want the govt to decide whats right for YOU?

[@zetaforever4953]

@@MohitGupta-or2xo there will be backlash even without democracy. Do you think feudal monarchies didn't have 'backlash'? They had riots and rebellions every two days. There's a reason Stalin needed gulags and Hitler needed concentration camps. There's a reason Mao needed the cultural revolution. The people who do the 'backlash' will just get murdered. And when enough people have been murdered they'll start murdering back. Democracy doesn't create backlash. It just gives people a platform to do the backlashing with minimal bloodshed.

[@kaifxaif9502]

@@MohitGupta-or2xo another dumb dictator lover.

[@SaiPrabanjan]

Great comeback sir, after your last video. Thanks sir.

[@debismitamohapatra5311]

SG ji must say your episodes are very intriguing and insightful .

[@yashvardhan9442]

Dear Sir, Greatest appreciation for the phenomenal work you do. A small correction, the Drain Theory was given by Dadabhai Naroji, not Bipan Chandra. Regards Yash

[@xingping8360]

Shukla ?

[@ThePrintIndia]

Hi Yash, thanks for writing in.

[@sougatdas9837]

You can find a similar video on analysis of India China trade on pathfinder channel which was posted around 1 day ago

[@amanshukla8758]

An eye-opener of a video Thanks a lot!😎👍🏻

[@ganeshagarwal9273]

Nicely presented... kudos Guptaji... love the presentation

[@caarihantbaid]

Very well explained. Calling a spade a spade ! When Modiji tries to rein in a bit by promoting aatma nirbhar bharat , liberals term it jumlabaazi ! When BJP govt tries to bring in difficult but necessary reforms, liberals cry foul and protest . I am sure my liberal, highly intellectual friends will come and show their supposed intellectuality on this comment too but will never accept what is truth as then they would be agreeing with BJP govt. and that is against their ego, even if against national interest.

[@amanjthomas382]

Modi government came to power in 2014 and since then the economy of India has went down and you still believe BJP is not the culprit. Demonetisation has choked Indian economy and BJP still keep on blaming nehru for all the ruckus happening.Last year the person with biggest wealth surge in the whole world was Adani while Indian economy plummeted!.Been in power for 7 years and still unable close the gap of trade with china .Now trying to pull the legs of liberals!!

[@udayviruppal3730]

Actually sir , reality is subtly different . While Atmanirbhar scheme and PLI is benign and much what SG says as well, there's a slight catch to it . India's dependent on China for APIs , Chemicals , Network Goods etc. even as India's tariffs on Chinese goods are higher than China's on Indian goods (since 2014 as far as I know) FTAs as per Economic Survey released in 2020 : they've been largely beneficial to India . And here we have Modiji exiting RCEP which is a big trade deal inspite of a 20 Year window to adjust our trade barriers. Take APIs, you have highly poor regulation and rather over-regulation , you have thorough price controls on medicines (in ECA 1955) thinning out upstream API Market . Network Goods is not just a matter of lower cost of production but even poor R&D budget (Public and Pvt) ==> low innovation ==> low value addition ==> more call centres , lesser R&D offices of MNCs here . All thanks to a poor learning ecosystem that doesn't account for Revolution 4.0 . Our govt finds the 3% students of "Institutes of National Importance" like IITs , NITs , IIMs , IIITs should take 50+% funds and that's ok for govt , piteous Read , Rajiv and Meeta Lochan's "Make India Great Again : Learning from Our History" (also contributors to the Print) : Indian industry lost out to British because of poor innovation , absence of upscaling and information for market research definitely amongst others....

[@caarihantbaid]

@@amanjthomas382 As I rightly mentioned. Dear intellectuals will come here too and oppose. Demonetisation was indeed a poorly conceived & naively implemented act. However, it has hardly got anything to do with India's dependence on China that has been growing not since 2014 but way before that. BJP blaming Nehru is a political gimmick, ignore that. The reality is India is ages behind in infrastructure and it will still take India another 30 years , if not more to match the China's development and for this, with all sincerity, I will blame the previous governments. Any reform effort in India is met with staunch opposition, latest one being Farm laws and privatization drives and yet Modi govt is expected to deliver . May be it needs to learn a few magic tricks. BJP govt is not perfect and thankfully, like the liberals, I am not blind to praise or oppose Modi govt for anything and everything. As I mentioned, self proclaimed liberals and intellectuals will be ready to oppose this govt. For everything, however impactful and necessary it might be for the nation's progress. When you don't have any other piece to argue on, you bring in Ambani and Adani. Trust me, Modi or no Modi, those business men have always done well, they know their politics too well to manage the govt of the day, be it congress, bjp, shiv sena or any other

[@amanjthomas382]

I agree with you on the farm bills issue and Indian economic policy in pre LPG era. A reformation in agriculture sector is necessary. But do you think this government functions in a way that democracy should function. No discussions no debates and giving surprises every now and then .Coming on national television and declaring lockdown with 4 hour notice which led to mass exodus and death of migrant workers .By the way Iam no self proclaimed liberal or intellectual please stop judging people and giving them your honorary titles like ' anti- national' , 'liberandu' etc. Iam a proud Indian first and last.

[@alfredpullan1457]

@@amanjthomas382 Try to understand the destruction of manufacturing in Kolkata and you will know how India is getting destroyed.

[@rajatyadav9698]

Trade deficits are not good for any country but it's a bit of an exaggeration to say that we are a colony of China. Have a look at the following countries with a Trade deficit with China:- United States: US$295.3 billion (country-specific trade surplus in 2019) Netherlands: $62.7 billion India: $57 billion United Kingdom: $38.4 billion Vietnam: $33.9 billion Mexico: $32 billion Philippines: $20.6 billion Poland: $20 billion Singapore: $19.7 billion Now we can't just say that all these countries are colonies of China. But what I agree is that we need to maintain Trade balance than Trade deficit and that's why Atamnirbahr Bharat is imp. (i.e making what you can make rather than importing and exporting what other's can't make or can't make cheap and only importing things that we can't make or are cheaper somewhere else except China coz these fuckers dump things here except some)

[@freesoul3466]

US , UK , NETHERLANDS, SINGAPORE have most money of Chinese origin comes in their financial markets.. so effectively these countries have overall trade positive with China... Same not goes with India.. our digital India and solar mission is made in China.. let that sink in...govt should Accept the truth and should work on it

[@rajatyadav9698]

@@freesoul3466 What you said is absolutely right and I did mention the same in the last part of my comment. What I disagree with is the colony thing, coz India and China are not the same as India and Britain. Those guys also used FTA and several other measures which are not available in China. But yes, keeping all these things aside we have already accepted the truth and are also working on it and need to work more to make things in our favour.

[@neuralvibes]

Britain confiscated/imposed while China buys/sells on a voluntary basis. That's a fundamental difference in the relationship that cannot be trivialized. India isn't forced to have any trade with China, so there must be a good reason based on self-interest why it does.

[@neuralvibes]

​@@freesoul3466 Frankly, the only reason why Chinese money and Chinese investments haven't flown into India is because India itself has been actively blocking it on grounds of "national security".

[@lexneuron]

Agreed! 👉 Now we caNOT just say that all these countries are colonies of China.

[@brahmjitgrewal3866]

Very informative episode. Good work done by Ramya and Kairvy 👍🏼

[@Kirnotsarg]

10:50 Around a decade ago I was working for Reliance Infra. They bought supercritical boilers and turbines for coal-fired power plants from Shanghai Electric, based on designs licensed from GE. The only local maker of such equipment was BHEL, and its order book was full for next few years. In fact, at some plants even chimneys were erected by Chinese contractors employing Chinese workers.

[@prachetmakwana6011]

SG is early today!!

[@Akshay-qt5qi]

Now we are talking! Thank you Team of The Print for high quality videos!

[@LimJiaKim]

And will still talking about the same topic 10 years after...

[@aaaannnnnnnnkit]

The drain of wealth theory was given by Dadabhai Naoroji in his book "Poverty and un-British rule in India".

[@Dekanalini]

Wonderful analysis Shekhar ji, please thank your team for a painstaking analysis! 👏☺️🙏

[@RoodeMenon]

At Auto Expo 2020, There was TONS of new Indian companies with products made from imported Chinese tech. It was a sad thing to see.

[@joshualobo7829]

just realise another thing,, Professor used the word provoke in CTC !. May be i'm too vigilant today , hahah

[@rajanarayananbadrinathan5667]

very informative SGji...!!!

[@abdulghani5327]

Thank you for the informative video.

[@crkamathtube]

Hope someone from the government is watching. If we need to be Aatmanirbhar, we need to fix the issues SG highlighted at the end. Thanks SG for provoking these thoughts. This was perhaps good enough for a national interest column!

[@rajx7120]

The govt is already working on the pharma intermediates. But semiconductor and massive power equipment could take time. Just imagine how laggard BHEL has been.

[@email4ady]

They r busy watching ramayana

[@email4ady]

@sanju b hahaha, paisa trumps everything.... Who cares abt soldiers when politicians r moving around wd zz+ covers??

[@subramanianmani2518]

Issh.Bjp is busy with religion and language issues.

[@alpharomeo86]

3 mins and comments are rolling over.sirji u should also have a digital magazine or newsletter .paid ofcourse.

[@natureadventure4492]

I hope @ThePrint, you will do a follow up story in terms of India's strategy and PLI scheme and its outcome.

[@rajdeepsarkar8113]

Very well analysed Shekhar ji. Every topic whether it is covid or national politics or geo politics or trade between nations, you give us the most accurate information. Hats off to you 👍

[@amanshukla8758]

I'd fathom this Cut The Clutter is so important that SG should just forward it to someone in the Government. We need these reforms asap!

[@dhamkulkarni]

Not gonna happen in a million year

[@ThePrintIndia]

Do keep watching #CutTheClutter.

[@MrPoornakumar]

Aman Shukla I think someone (in the Government) is reading this stuff. But, yet they developed cold feet that they can't do anything with.

[@chiranthnadig9833]

@@ThePrintIndia yes, shekhar guptaji is very fair in his views and calls a spade a spade.

[@sougatdas9837]

You didn't read discuss about the steps taken by Modi government to fight this problem like PLI scheme for manufacturing electronic items in India , which was a huge success .

[@madtitanoboa462]

Well it's abviously not enoghugh why do you take everything politically ?? It's about nation

[@sougatdas9837]

You can find a similar video on analysis of India China trade on pathfinder channel by Anirudh sir which was posted around 1 day ago , he has done better analysis than him , so just look at this video once 👍

[@tariqueiitkgp]

What's a huge success in terms of definition? What is the GDP contribution of this policy? The govt is subsidizing Apple to produce iPhones that are beyond the reach of majority of Indian people.

[@sougatdas9837]

@@tariqueiitkgp who said only Apple is Beneficiary of this scheme , more than 200 Manufacturing unit will get Incentive under this scheme in Electronics sector which contributes bulk of imports from China . And Growth in manufacturing sector will generate Employment and also will Empower our MSME sector

[@bhattieyeclinic7176]

@@sougatdas9837 "will get" is in the future isn't it. And haven't we heard this future gains story before. Demonitization "will remove" black money; GST "will galvanize " industry; but actually all that happens is that innovation and industry are choked by the vice like grip of the government's huge taxes while some companies like A and A who are virtual traders and have no intellectual capital are allowed to get obscenely rich by rigging laws in their favour. India will never be able to compete with China unless the people of India are allowed to work by reducing turnover taxes like GST radically and making interpretations and compliances much more innovator and industry friendly-- Universally industry friendly even for small industries and not just for a few favoured industrialistss who fund elections in return for monopolies.

[@keyboardmanyoutube3189]

About 9 years ago, in Singapore, people debated who will lead in 2020, China or India. The debate ended with the victory of India. India was so promising. Now, people are talking India being China’s colony. Who can guess this 9 years ago?

[@ajaykumarsingh702]

People are often dumbass. That's why they come under the catagory of 99%. Those 1% are true winners because they think practically. They don't waste their time on political bullshit.

[@dineshgoyal6684]

please do more such videos explaining current trade setups and historical reasons behind it

[@RameshPatel-uw3cs]

Whatever let give respect to China. Respect from India.

[@birdofparadise1453]

Shekhar has specially polished his head for this episode.

[@sharmashubham432]

Thanks print for creating such provocative session

[@SatyendraSinghrafi]

Very good analysis Shekhar ji. However, it would be great if you can have a program on detailed measures to counter balance it. That would be really interesting

[@JasmeetSingh-yr6pd]

Sir can you make a detail video on INDIAN MILITARY COLD START STARTERGY and is it also possible against CHINA too or only for PAKISTAN as YOUR FAVORITE SUBJECT is DEFENSE As you explain in many of your video's

[@sensiblysimple6428]

In short, China can sit on their asses doing nothing for 25 plus years and still India would only be catching up just behind. This is not just in defence but in most fields, expertise and economies . India needs to stop arguing among themselves and start working smart. Long way to go. Most indians are busy admiring Americans and British while they forgotten their own country. Best of Luck 👍

[@ThePrintIndia]

Hi Jasmeet, thanks for the suggestion.

[@sms9865]

Good one .. lot of topics covered.. but I hoped you would mention the Mobile phones which was 4 years mostly imported from china.. is now 98% produced in India and also exported

[@tariqueiitkgp]

According to which data 98% of sold mobiles are produced in India?

[@PJ-cm8ix]

Assembled

[@dnhdfnfkrjxjxfjjggj3002]

It means assembled, but of course bow components are also started being made in India.

[@dnhdfnfkrjxjxfjjggj3002]

@@tariqueiitkgp he meant assembled. Also India is the second largest mobile phone manufacturer( mostly assembles) after China.

[@Madhu2405]

SG. Great research by your team. I hope someone in the Commerce Ministry or whichever the concerned ministry, is listening to this.

[@mechanix22225]

Another stunning piece of video journalism. I wish you had a subscription model for your Indian customers as well. Nevertheless, I like it how you guys are adhering to these protocols :- 1. Neither left or right. Your viewpoints are as straight as Sachin's straight drives. 2. I see the frequency of your videos have increasing but every single CTC episode deserves to be one on its own merit and does not exist just to add up the numbers. 3. Mr Gupta minces no words but gets his point very elegantly like a loving Grandpa. No off the cuff remarks or crass jokes, but very dignified and meaningful criticism. 4. I love the way how you manage to sprinkle/garnish few lines of Hindi proverbs in every episode. Drags the viewer back into it when he might be losing his attention span.

[@kishorerajselvaraj7908]

India has been an economic colony of China not recently but for a long time now. This government has taken some right steps to change this situation through the Aathma Nirbhar campaign.

[@nikhilt497]

I was too going to say that...Hope they work...

[@balkaransidhu5334]

You are very innocent Bakhat

[@rishirajsharma7207]

@@balkaransidhu5334 and you are jaahil khalistani

[@mustardoil3841]

@@balkaransidhu5334 first of all it will be bhakt and there is nothing wrong in having a little bit optimism for a campaign High pessimism and blind sightedness towards various schemes make you pakhandi

[@zoho6992]

Ghanta! modi has worse trade policy. Modi give free hand to china in India.He removed China from country of consonred .

[@bornareamit]

Dear Print media, When you hear news like 100cr ransom nexus in city like Mumbai, no one will even plan for manufacturing in India.

[@jayantakumarnath5568]

A very thought provoking topic ... we should try to think of changing this status

[@ishanbhanu]

Hi, appreciate these videos. This one has some audio issues. Maybe the mic is too close. Bass bleeding

[@ThePrintIndia]

Thanks for the feedback.

[@YS-hl1hy]

If being a Chinese colony means increase in smartphone penetration for poor in India and increase in their living standards with the help of cheap Chinese goods, we should happily accept that title.

[@double_courage57]

Why should there be poor people in the first place?

[@YS-hl1hy]

@@double_courage57 poverty is a relative concept. You are saying things like there should be no short people in the world.

[@Jay1Shrivastava]

India 🇮🇳 need To promote manufacturing everything

[@vkt1570]

Very valuable information Sir, plz share this to PMO nd to your friends in the Govt

[@SimplifyAstrology]

Good One Shekhar! Send this to someone in GoI, at least some one will do something about it!

[@JohnWick-vd5fk]

China and India started together in late 40's and now look at the difference. We have all the freedom we want, but discipline and the ability to rise above our own self interest is what we lack.

[@Dark-ki7lf]

We have freedom? India ranks 120th on economic freedom index

[@JohnWick-vd5fk]

@@starxd5697 ikjactly

[@saptarshisengupta8235]

@PM Сен ақымақсың You are a megalomaniac who expects our dumbfuck politicians like Mamata and Amit Shah to be as brilliant as Deng Xiaoping. 😑

[@IndiaTides]

@PM Сен ақымақсың Very stupid idea. Japan,Taiwan,US, SE Asia and Europe. All have democratic govt and have achieved better life for their citizen. It is not democracy that is the problem. It is the lack of strategic planning and affinity towards band aid solutions.

[@uziman1322]

the biggest reason india and pak haven’t lived up to their potential is because of the hatred between each other. if we would have had a good relationship after partition. believe me we would have been so much better by now.

[@aditya0376]

What is being said till 12 min now can be simply showed in 2 min. Nevertheless one of the episodes where Sekhar gets to speak the truth.

[@iamDamaaldumeel]

Half truths.

[@arjavgarg5801]

@@iamDamaaldumeel what did he not tell?

[@iamDamaaldumeel]

@@arjavgarg5801 regarding tuticorin Sterling factiey

[@prevasive1]

Very insightful ..

[@himalayasurveillancesoluti6534]

Salute, well explained sir

[@rajput2736]

This is a bitter truth.. if our nationalism hangover over than we think about this issues...

[@elborrador333]

We are nothing without our nationalism.

[@elborrador333]

@sandip ravindra Ye nationalism may "distroy" us wala kuchh zyada ho gaya. Even oxygen may destroy us, to kya saans lena band karden? If we put our nation and civilization first, we dissolve regional, religious and caste animosities and stand united. Not sure how that'll destroy us, it'll certainly destroy any appeasement politics that's for sure.

[@elborrador333]

@sandip ravindra Haha thanks for accepting it's all in your head.

[@madtitanoboa462]

@sandip ravindra abe jana

[@nitin2385]

Nationalism Hangover !!! In fact Nationalist look out is required for Atm nirbhar bharat. To avoid this situation.

[@anantsaini]

WoW! Entirely new content in this world of current headlines.

[@ajaysoni3236]

Very nicely presented and a clear message for future of India

[@ishavdeepsinghaneja6220]

Gupta ji, Dada Bhai Naaroji gave the theory of drain in his book. Professor Bipin Chandra gave references of it at various platforms but the theory was not expounded by him.

[@debanjanbanerjee2009]

If India has been a colony of Turks, Mughals and the British what is wrong about being colonized by China ?

[@divyanshumishra3670]

Arnab Cowswami and Rubbish Kumar need to take some journalism lessons from SG asap.

[@chethansagar]

Very good topic 🙌

[@sunnyankursunny]

Very well said 🙏

[@pauler7268]

Our hate towards the rich AND our wish to become prominent exporter doesn't go hand-in-hand.

[@prakhartheg]

Love the videos but please improve audio quality

[@Rockujjwal01]

any episode on comparison of india vs china global trade ie south america , africa etc

[@Ideas4wealthIndia]

we must learn to listen to harsh reality and avoid being in a fools paradise to grow.

[@sarthakgupta2790]

Who will handle The Print after SG dies ?

[@parvadhami980]

Ask that in "headlines ke pichhe"

[@jaipreetsingh6566]

Yo wtf

[@2alpha993]

New centrist news media will come.

[@eshwarn77]

Sir, how is trade between China and US?

[@subhadipojha277]

Very informative🙏

[@101Puli]

I am from tuticorin, you are free to keep copper smelters in your backyard and export... no body is stopping you...

[@davelawson2564]

you are classic moron who wants to stop business then ask for jobs like moron and freebies. Its tax paid by these business that pay for freebies and social welfare schemes

[@101Puli]

@@davelawson2564 We have so many other industries which provides job and revenue for govt, All I am saying is take these copper smelters and nuclear power plant to Where ever you like... learn some manners

[@v1krv]

@@101Puli there's research consideration for locating nuclear power plant. You can't build everywhere. As per the population,cost of operation and power requirement nuclear power plant is the best option. We faced immense power cut during dmk rule period. There's more liquor factory and chemical industries around. You can't stop them just ur political leaders own them. So stop blabber here. Thoothukudi incident was well planned to rioting and they achiveed as per agenda.

[@101Puli]

@@v1krv dont bring your half baked reports and vomit here.... Koodankulam Nuclear power plant is operational for less than 25% of the time... more than 75% of the time, the power plant is down...Where is the Nuclear waste generated disposed ??? First come up with a way to dispose waste before starting any NPP...

[@nagraj2k1]

No state wanted this plant, TN govt at the time was paid a huge bribe to keep it. You can look up who was the cm back then Vignesh your favourite lady politician. What a clueless parppan

[@dohaqatar828]

Hi Shekhar... point taken. But I believe this is exactly what India is trying to address under ‘Atmanirbhar Bharat’. But I have seen you a few times questioning that and calling it as ‘import substitution’. Would be great if you can share your views in a holistic manner. Thanks

[@sabarna100]

He just tries to find an excuse to criticise govt both ways. If represented holistic ways he can not criticise current govt in same manner...

[@sujoybha]

Can we get access to the data mentioned here?

[@shashidharkv9031]

These disparity in trade with China could not have been so simply explained nonother than you Gupta sir. Thanks for an eye opener sir.

[@drtgopalakrishnan]

Can’t blame China, we have to blame ourselves and our Socialist policy.

[@tambekatumba8425]

What policies do you believe are socialist in nature? China's poor are provided with free food and education. The small-scale industry in India did not develop in any way. India imports even the tiniest, insignificant spare parts. Who is to blame? The government has never developed small-scale

[@tariqueiitkgp]

Socialist policies exist everywhere in the world.

[@meetadi4u]

My friends who were all angry at China for border provocation but replaced their phones with Chinese handsets. So it shows where we stand

[@ningthoujamelvis6103]

🤣🤣✌

[@email4ady]

To kya laein mate? Nokia 1100?

[@saitama5449]

@@email4ady samsung m30

[@MrBindia]

I liked the analysis .

[@baskarv90]

6:26 .. why tou have shown trend in reverse order.. it appears as though recently export has fallen. Do you do this with purpose

[@samirkumar9908]

true lol