PPP (Purchasing Power Parity) को आसान भाषा में समझिये

[@AssetYogi]

Join All-In-One Video Finance App here: vidfin.com/ Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses.

[@shaikjaved4378]

I live in Australia, it is absolutely correct, but if you save significantly, then living overseas makes sense. But if you just make your ends meet then India is better.

[@AssetYogi]

Agree!

[@MoinKhan19]

Exactly my thought. I live in Singapore and experience the same.

[@vikashbansalchemistry9656]

Thks for comment

[@vKaran12]

That was a helpful comment. Thanks for sharing!

[@pankajgambhir5771]

Services in developed nation are more expensive while product are economical.. It is easy to buy a car not to afford driver.. Purchase power parity ratio also matters from one person to another which depends on his life style pattern too

[@devbali-q6f]

काफी लोग ये समझते नहीं है जब वो दो देशों की अर्थव्यवस्था की तुलना करते है। इसको नजर अंदाज कर भारत को और पिछड़ा बताते है। बहुत अच्छी तरह समझाया आपने।

[@AssetYogi]

आपका बहुत बहुत धन्यवाद 😊

[@tanyarawat9700]

@Simple Logic How?

[@TrulyS2345]

@Simple Logic that is bcz of the 4x higher population than USA

[@amiyapanda3326]

Sahi me....Ap to itne complex concepts ko kitne short and crisp way se samjha dete...Thanks A lot Sir..... U have been really a great financial advisor in my life...

[@AssetYogi]

Hi Amiya, Janke achha laga ki mere video se apko topics samjhne asaani hoti hai 😊

[@amiyapanda3326]

@@AssetYogi Sir..sabse badi baat mujhe ye knowledge investment bank ke interviews me bahat jyada he help kiye he...aur personal investment me...Once again thank you...And m lookng frwd fr more of such video...And I ap KZbin platfrm ke sabse ache Financial topic exaplain karte hen...Hope U be Trainer of Trainers in future....

[@MAC-vi7fy]

Well this was a nice video . But I want to add somethings : There are some things which are cheap here in US. 1. Cars 2. Electronics Rent and food are expensive but u can manage if u don't got to big restaurants. In the end I would like to share my experience. So after I completed my masters I got a package of 85k dollars after rigorous interviews. And that year I ended up sending 40k dollars(almost 25 lakh) home to India as I didn't spend to much. That almost covered my whole education loan So it depends person to person one can even save more than me too.

[@LucasKsh]

@Super Cool lol my uncle has a servant here in Mumbai broght fron village for 10k per month salary(living in same house,food not covered) , he does the following daily, dusting, cleaning all rooms both jhadu poccha (bathrooms occasionally), bringing and making food(3 times sometimes more) , occasionally massaging. how much will it cost in the US??😂😂

[@kalpitshukla629]

@Super Cool 1) A guy starts working a a starting salary of say 100k in the US will say save $30k for the next 5-10 years investing. 2) A starter in India on $10000 salary that's the high avg. Will in the next year save how much after living luxuriously. We'll say $15000 in 5 years with investing. This initial investment is enough to offset the 30lk salary the guy in India on avg will start earning after 7-8 years of experience. And the guy in the US is not sitting on the same 100k salary range when one in India goes to reach 30lk. Any sense?

[@kalpitshukla629]

@Super Cool Live your dream life. 🙂

[@kalpitshukla629]

@Super Cool What I am saying is who can save more and retire early. The guy working in foreign can come back and settle in India. Many developed countries have higher salary and once saved in INR the scenario changes. Also the US salary mentioned is avg in NY, San Francisco whereas the Indian salary in the video explained is higher and very few will get it. How many in India can buy a nice house in the city ? You are calculating based on wife working in India and not abroad. In India 5 - 10 years experience how many can save for their kids education ( expenses are rising with inflation) etc. The guy working abroad can come back to India. 😉

[@amnindermavi3566]

Was 85k after you paid all your taxes?

[@ranaji5669]

I'm a science student but KZbin pe dekha tha ki india ki gdp ppp 2100 pe no. 1 pe hogi Isliye mne ppp ko samjha Very nice information

[@udbhav5511]

It was an amazing video, I was studying for my exam but I always had this doubt in my mind and today it got cleared. Thank You So Much Sir !!

[@AssetYogi]

Glad it helped!

[@prasannajitmishra4720]

Thank you.Pehli baar Mera doubt clear hua ppp pe after 10 yrs.I knew that it's difference in cost of living .I searched many websites but failed to understand as nobody gave the example like you did ie $17 ppp exchange concept vs $70 mkt exchange concept.Thank you.

[@rahulgarg2579]

This video was really helpful to understand ppp, bcz lots of ppl try to go out in foreign countries but they should compare this n try to find good sources in India

[@AssetYogi]

Thank you for appreciation Rahul 😊

[@AtulYadavRamgarh]

बहुत ही उपयोगी जानकारी सरल भाषा में, मुद्रा मूल्य

[@AssetYogi]

Dhanywad

[@SujitKumar-tr1kz]

Very good explanation on the topic. Saving in US will be more. But the prsenter is talking about cost of living and how to compare. Well done.

[@smartworld6621]

No words to say thank-you 😶😶😶.......I was very curious from a very long time

[@AssetYogi]

You are welcome.

[@RajeshRajesh-ww2vg]

Very beautifully described. And I absolutely agree with you sir. As per this case its better to work in India but I would prefer working in u.s. because of the quality of living and in a disciplined place.

[@shrenik85]

So to be a better economy PPPr should gradually start coming down right?

[@soumyachatterjee745]

Your explanation is tip notch, I really adore this channel. All blessings!

[@AssetYogi]

Thanks Soumya!

[@sumansansar]

बेहतरीन जानकारी , इतनी आसानी से समझा दी धन्यवाद्

[@AssetYogi]

Sukriya.

[@hagebootung]

Thank you so much. Great teaching!

[@AssetYogi]

Thanks Hage

[@VirendraKumar-qz6xs]

बहुत अच्छे ढंग से समझाया । धन्यवाद ।

[@deepakkng2798]

A ton of thanks!! You explained it so smoothly. Thank you again!!

[@AssetYogi]

Glad to know 😊

[@daxeshupadhyay7975]

I have never think of PPP realy this is very helpful for those who is aiming to settel in foreign countries

[@AssetYogi]

Hopefully, it will help as many as possible.

[@nazishkamal9477]

Thank you sir. I had seen a lot of similar videos, this was the simplest and the best video ever.

[@amitghosh3938]

lekin sir wo 143k dollar ke package ko india me use kare to wo better hogi na ?

[@JMian]

I agree that this is a video on PPP.The video says that You make more in India which is actually true, but I want to point out the difference in the quality of life in both countries. Unless India develops to provide good quality of living, what is the use of money? For example, you buy an Audi car but have to fight for road space in India and have to risk your life while you get from point A to point B.

[@bharatsingh-mg7ls]

It's like saying today I have fight in my home so I went to other. Tomorrow it start in other so I will surch for the next. You may be all happy and have well living. But we know how to cook a healthy and live food.

[@kajalpatel7974]

Wah kya explain kiya hai sirji...never heard this term.. I love my INDIA!

[@AssetYogi]

Thank you for appreciation Kajal 😊

[@gaurabsharma4482]

Very useful information. Thank you for explaining this hidden concept.

[@anshumanmishra9157]

Agar koi america mein job karta hai aur wha se kamaye hue paison ko india mein bhejta hai toh woh paise exchange rate pe change honge ya PPP rates pe ??

[@HarshParindu]

Does PPP include inflation?

[@tapanbiswas7305]

Dear sir. Wonderful video. Actually BEST VIDEO IN KZbin. isme i would like to add. Jo aadmi india me kuch nehi kar paya . WOH AADMI KAHI BHI . PURE WORLD MEIN KUCH NEHI KAR PAYEGA . INDIA IS THE BEST PLACE FOR JOBS . BUSINESS. KUCH BHI .EASIEST PLACE TO EARN MONEY.

[@AssetYogi]

Thank you so much for appreciation Tapan 😊

[@amitjha6726]

Thanks for making us understand in layman's terms. It's great. ♥️

[@deepak2009negi]

sir you are best one of the least known but important topic ...i rarely comment on youtube but your content forced me to do so.....

[@AssetYogi]

Thanks for your comment Deepak 🙂

[@DhruvPatel-ig3sl]

Sir economic ki knowledge ke liye konsi book read karni chahiye

[@aditijain7168]

Sir agar koi US me work kr raha hai....aur saving krta hai....to wo india me property ppp k hisab se le sakega ya market exchange rate k hisab se

[@rajgopal4980]

Thank u sir today i learned something new topic

[@AssetYogi]

Good to know 😊

[@tufelansari8887]

Thank you sir kch new topic sikhne ko mila. . . . .

[@AssetYogi]

Glad to hear that 😊

[@abhishekkumar364]

The way in which you explain is great. Thank you sir!!!

[@rakeshchhikara]

Nice explaination for people who are looking for job abroad. Thanks

[@sidd010491]

one of the most important concepts that sharmaji must know :P

[@AssetYogi]

😀

[@arunamsharma6178]

Living standards are better in USA Ek waiter vaha normal middle class hota hai Aur india me voh gareeb hota hai

[@tanyarawat9700]

@@arunamsharma6178 or us waiter ko tip dete dete kahin tum gareeb na banjao lmao

[@utkarsh_108]

ahem ahem

[@utkarsh_108]

​@@arunamsharma6178 dude, it all depends on priorities. you all are judging their status through their cars and electronics but reality is different. for me status is not decided by fancy car or iphones, status is decided by the type of food you are able to afford, type of clothes you are able to afford, type of environment you are living in, type of education your kids are getting, whether you're able to buy a house or not, how are you enjoying your festivals etc. etc. it all depends on amount of FREEDOM , not just fancy cars. FREEDOM is not just in materialistic pleasures. if you enjoy an audi then alone enjoy then. for others it's the liberty that matters. liberty of spending your free time, liberty in type of work you do, liberty in food u eat, liberty in clothes you wear. if you are earning good amount of dollars(*converted in Rs) , but not able to afford clothes in other country then what's the benefit. in india you get good clothes in average prices of 8000-9000 Rs. (per person 3 shirts+3jeans+shoes).

[@hindimotivation6707]

Very knowledgeable video sir .... Keep it up 💪💪👌

[@AssetYogi]

Thanks Rohit :)

[@Exceltrainingvideos]

Excellent!

[@AssetYogi]

Thank you Dinesh Kumar 😊

[@utkarsh_108]

@@AssetYogi Takyar

[@goappu]

sir for many years I didn't understand this simple concept. today I am very happy for having this knowledge to share with my students.

[@vijaydhankhar5933]

Boss firstly let me applaud for you for carrying out a great job of unlocking knowledge of finance.....I have one suggestion ....pl put white background in your slides.....that's more soothing.

[@AssetYogi]

Thank you Vijay for appreciation & suggestion 😊

[@srijanpanicker5395]

Thank you so much sir, finally understood this concept!!! Really awesome and relatable explanation!!!!❤❤💥🙌🙌

[@jayeshvarma5071]

Really good informative videos. Based on this video the concept of working abroad changes completely. Can you please explain about how we should look at the relocation while changing jobs to Singapore or UK? Ex. Someone drawing sal. 1lac here and offered 7.5k SD for Singapore.

[@anandanag7896]

Thank you. Can you please explain how the exchange rate of Indian rupees is fixed?

[@anubhabdas1858]

Very well explained.....I was looking for this topic in a lot of websites before... But sir does any country have higher difference between purchasing power and market price than India?

[@AssetYogi]

Yes. You can check the link of World Bank site in the description.

[@prabhushukla4761]

Thanks a lot sir So clear n precise I made my own notes on ppp based on your vlog

[@rajendrameena150]

It is applicable only if you earn in usa and spent also in usa but some amount we can save and spent in india as per exchange rate

[@AssetYogi]

Yes, you are right on the savings part, if you are going to spend or invest that money in India.

[@arvindkumarding]

Thanks again sir, apne to logo ki foreign me income ki sachai ko sahi tarike se samjha di.

[@AssetYogi]

😊

[@amitgtalks]

Very unique topic. Aaj kal India me parents ko samajh nahi aata ye logic. I would like to add one more point that. USA cost of living is very much stable from last many years. Burger price is same since years, while In India it is spiking ... so Indian salary need to grow as fast as pricing. That you can’t calculate with a stable PPP. What u say?

[@AssetYogi]

Thank you for your kind words AMIT. Appreciate that

[@KAR5759]

Superb video sir! Kitne aasaani se samjha diya aapne itna difficult economic concept! Hats off to you and thank you so much for this most informative video.

[@mehulshah2463]

Very good video. Cant' you share the video after company result with comparing with the same sector so that we can know the valuation of the company.

[@AssetYogi]

Thank you Mehul for appreciation and suggestion.

[@Vinaydubey79]

Hi.. is there any way to compare two states as well instead of countries?

[@johnsonbag7538]

Big Mac is best when it comes to comparison . Exchange rate fluctuations creating problem for developing countries esp oil based economics.

[@sachita1993]

Wow today I learned something new and very useful because m very interested at living in abroad, So whenever I will get the chance I will sure make this PPP comparison before making any decisions. Thank you Mukul Sir...I am big follower of your channel now keep sharing helpful videos.

[@VarinderSingh-ix9lw]

Moving abroad is not about money but quality of life :) although comparison is on right track with respect to money

[@ap-ug9wx]

No then live in mumbai,pune, bengluru and etc

[@sujitraul1097]

Thank you !! This proves how a high paying job in India is better than on-site opportunity.

[@sakariavlogs]

Make videos on GST new returns which are coming up in April It will also help the ppls to know much more about the GST

[@AssetYogi]

Topic noted for future videos.

[@MrPunshi1]

Best explantion of PPP , better than my university professors. 🙏👍

[@AssetYogi]

Thanks Sam

[@sachinshukla6047]

Its a great explanation. However I suggest to bring real state angle as well (apart from Goods/Services) so that even lesser salary in India would look better.(which is the reality)... for example, a majority salary part is paid as rent ($2000+ just for studio apartment L shaped in jersey city) and on the remaining if we apply PPP, the amount is really less...

[@RaviShankar-nm9ov]

Clearly explained This would help in taking decisions in respect of carrier out of Country.

[@parol3271]

Thanks a lot ....pls make informative videos like this

[@dibyajyotisamantaray4281]

Thanks sir, make such type of video. it really enlarging our knowledge.

[@jasonbourne5317]

Should "ppp per capita" be considered 4 calculating HDI instead of "nominal per capita"???((as PPP directly related to standard of living of a particular country))

[@AayushDotiya]

It's actually a topic of on going debate in world because many economist say that purchasing power parity is better standard for comparison than nominal

[@NITINSHARMA-bp6gn]

GREAT sir, you clear my mind..... Thank you....Great Topic and Research

[@Mr1987atul]

standard of living, growth opportunities, emotional factors involved, etc are also to be included

[@nileshparikh6864]

Thanks for your information, people should consider before leaving India to Canada and USA

[@zeeshan.2393]

Doing Great Job. I learn better than I learnt in Schooling days. Where were you at those days? 😂😂 but thank you so much, your videos help me to build my finances 😇

[@AssetYogi]

Good to hear that you are finding the videos helpful :)

[@siddharthrai6998]

very wellsimplified and explained

[@Loading__________...]

Thanks . Informative

[@AssetYogi]

Thank you Technical Call 😊

[@tousifansari7314]

Babot achhe se samjhaya sir apne🥰

[@AssetYogi]

Thanks

[@psjoshi999]

👍👍👍 With all due respect sir u missed one line. PPP ration. Higher the ration higher is cost of living in that country

[@varunsoni2424]

Luv u sir Sir ek case hai - Agar Maine 30,000rs ki shopping ki credit card se aur 15,000rs wapis card mein deposit kiye After 45 days, Agar emi banwani hogi to interest 30,000rs ke hisaab se lagega ya 15,000rs ke hisaab se

[@dare-er7sw]

What about standard of living? Can a person who work at Mcdonalds making burgers buy a Toyota Corolla in India? No. In USA even janitors drive Elantra and Corolla. They even drive Accord or Camry here. It's simply not possible in India. Huge difference in standard of living.

[@ThePrateek1989]

Bhai vagaan ki insurance cost bot expensive hai we India. Anyway the cars are always second hand driven. So, buying a car is not a big thing there, affording the same car for a longer period definitely is.

[@dare-er7sw]

@@ThePrateek1989 Yaar US meh janitors camry and accord chala rahe hai and cars like honda civic and corolla are considered cars of the poor. Yaha ein sab cheezo ki koi value nahi. Aur udhar India meh car companies loot rahi hai public ko cheap quality cars expensive price par sell karke. Yaha insurance etc sab affordable hai yahi benefit hai rich country meh rehne ka. McDonald workers drive Honda Accord. In South Delhi, I saw Honda Accord cars standing outside homes of rich business people but here in US ye sab cars kabari ke bhav bhikti hai. Anyone can buy.

[@byedude0]

My friend has accord , and we work as a Part time in A store in Montreal canada. He pay $200 Every month for insurance + 500$ car's EMI + 200$ petrol of one month. And we earn only 1800 buks. Plus there are Phone bills expenses. Which depends upon ur plan (not like india 3 months net free in just $8 JIO ). Have to pay for rent and Food as well.

[@dare-er7sw]

@@byedude0 At least he's able to fulfill his desire of cars. In India it costs 56 lacs and only the rich can afford it.

[@gautamrawat7402]

Toyota Camry 23 lacs in canada But in India it cost 45 lacs on road

[@swagart4life]

Thank you for explaining so nicely.

[@AssetYogi]

Most welcome

[@redi6460]

India is the most affordable country in the world. Even china is expensive to live in.

[@unpat]

It's because bad infrastructure. Mumbai has costly & over inflated housing rates than London. London has better living standards.

[@dhiman1021]

unpat Dude I lived in West Brompton for almost year and it’s considered one of the poshest locations of the neighbourhood, but guess what all the houses are shady and damp. There will be always the smell of rotten wood. Every house here is 50-100 years old. Can’t comment about Mumbai but Delhi has way better residential infrastructure than London. Ask anyone who has been to UK. Don’t get me started on southall where most Indians are living. Mumbai certainly don’t have a good residential infrastructure but cities as Bangalore, Delhi certainly does.

[@hkhatri12]

@@unpat it is like Vancouver of India 😂

[@reardelt]

Yes but India is poor as well

[@car_designer_prashant]

Sir to iska kya yeh matlab hua ki ager ham waha se $1 dollar India send karenge to wo sirf ₹17 rupees aayga na ki ₹80 rupees?

[@nitinvasdev3069]

Very well explained but quality/ pollution/ population/ safety / privacy are also deciding factors!! I am living in US and always compares with India . But economically u r right & mind you India got currently better scope for growth compared to US . I just wish other factors should also become better - u simply cant live complete life with just money 💰

[@AssetYogi]

Thank you for sharing your thoughts with the community 😊

[@bhaisalsanjib]

I love u sir mast cheez bataye hi mafa ka yaad dila dia

[@vdiitd]

I'm wondering what costs 17 times more in US than in India... Electronics, cars etc are cheaper in US, food prices are almost the same for the most part. Only manual labour costs more in US. But 17 times seems much more than I see around. Do you have some examples?

[@AssetYogi]

It's not 17 times expensive, rather 4 times cheaper in India. Instead of exchange rate of 70, we are taking 17.5 based on PPP. So, 70/17.5 is 4. Examples are many, like real estate cost, labor cost, and even the burger example that I gave in the video. We don't pay Rs. 280 for an average burger, rather Rs. 60-70 is the average price. Hope it clarifies.

[@commanderofkesariyaknights]

check the rent in silicon valley

[@amitanandathalye]

PPP explained well. Can you throw some light on US economy vs Indian economy

[@abdullahrizwan6569]

Burger ke hisab se to sahi hua per products ki quality to kafi different hoti hai na ? Tabhi to log wha ki chezey yaha laker bechtey aur log khardtey bhi hai example cars... Isko kaisey samjha jaye?

[@HansraRulez]

Agar aap Indian locally manufactured car ki cost compare karoge to a same model in US it’s similar for example cruze, verna extra.

[@piyushbhatia4666]

Superb explanation sir ! One ques pls : why are currencies compared with respect to USD only and not wrt. to the currency of any other country?

[@sunilkumarrana7214]

Thank you sir

[@AssetYogi]

Hope it helps.

[@jaysingha]

You very well that's why you deliver very well.great sir

[@AssetYogi]

Thanks Jay :)

[@syednayaz7822]

Sir, thanks you for making it so easy to calculate BUT request you to interpret it and explain the affect of PPT with more real examples.

[@leoshaneroutraju6145]

Thanks sir , very clear

[@faizan_salim]

Kuch samajh nahi aya but sun kar achha laga

[@FoodRecipes108]

Tu lodu hai 😂

[@faizan_salim]

Gali nahi please.

[@MrRavipatole]

Thank you for video. I am 37 year, I have 30 Lakh offer with me but same time I have an option to shift to UK. So how much salary should I be happy with? Applying this PPP theory , considering UK PPP rate 0.693 it should atleast 100K Pound. Is this ok? @asset yogi ji could you help

[@kashiramdangwal2869]

But sir , in case if employees all expenditures are paid by employers company etc. and he/she sends all possible money (package) back to home ..... Then what is concept? Isn’t it still match the market exchange rate rather than PPP? thank you .

[@AssetYogi]

Yes. In that case exchange rate is applicable.

[@kashiramdangwal2869]

Asset Yogi great to see ur response, thank you 🙏 finance made easy at AY👍

[@23amanpathak]

Thanks for explaining in such a simplistic way.

[@1230-o6r]

You should also include "inflation rate" and "taxation" of respective country.

[@prometheus007]

Mark Twain is here.

[@muhammadyaseenbulbule9638]

Really it's helpfull.,after seeing lots of video on youtube on the same topic Thank u sir 😊

[@shivamverma1st]

Sir what's different between Standalone or Consolidated.

[@drspandatube]

This man is doing Very good work. Very nicely explained in lucid language. This happens when one does good homework.

[@RAVIRAJ-rf8nc]

Topic of suggestion : patent in india

[@AssetYogi]

Topic noted for future videos.

[@RAVIRAJ-rf8nc]

@@AssetYogi Must include the advantages beside the process

[@AdityaKumar-nj7mb]

Great explanation sir! I was trying to compare life in India & overseas and your video came as a boon to me.

[@FarmingGurukul]

Very nice & Valuable Videos bro. Whose Software you use for making videos? I mean for blackboard.. Thank you #AssetYogi

[@rajudey5052]

Sir thanks a lot for this valuable knowledge

[@AssetYogi]

Keep learning Raju 😊

[@trends2morrow107]

Dollar goes a long way in third world countries. But you must also take into account the quality of goods you buy in the third world not only the PPP. Look at the quality of food, air, water and governance, infrastructure and social harmony. If you love oranges eat oranges, don't compare them with apples.

[@ranjeetnirgude8190]

So u think India is a Third world Country

[@ranjeetnirgude8190]

Main India main he thik hu,tum US main he chale jao,yaha q ruke ho ?

[@LucasKsh]

but standard of living is personal. here i can bring a servant from my village for 10k inr per month (his food not included, living in same house) and he will do ALL household chores plus massage occasionally.this is not possible in the US as service cost is too high. the reason why 3/4 th people there are living paycheck to paycheck. its the indian mindset to save as much as you can for the future.

[@ratanjeetsingh4600]

True.......but he is not comparing standard of living......this video is discussing about the true value of dollar in terms of purchasing power......(he gave good example of burger)........... ..India's standard of leaving........GOD knows

[@alexmybeagle1775]

@@ratanjeetsingh4600 IN USA LABOR CLASS PEOPLE MAKE $10 A HOURS SO HE CAN BUY 1 BURGER 4LTR PETROL AND 4LTR MILK IS THAT POSSIBLE IN INDIA TO BUY ALL THING IN INDIA FOR 1 HOUR SALARY 60+ 280+ 200 = 540 INDIAN RUP

[@abhinashekka7847]

Wah samaj me aa gaya