‘Protest Is Always a Sign of Bold Reform': Manish Sabharwal on Farm and Labour Bills

[@Saurabh_Mediyum]

The host is doing a great job - countering arguments with data, helping the viewers build a balanced view while making sure the overall conversation is not derailed from the topic. Wish we had more such hosts, unlike the shouters on TV or the yes-men on webinars.

[@anitaranjantoppo5986]

A guy who is a founder of a company and a capitalist how can you even expect and learn about labour reforms from ? Total bullocks

[@gaurav107]

What a great interview from someone who has big business in India. Plus he had deep knowledge on several topics.

[@delhisultanate]

“Everyone who wants a job has a job” ? Ridiculous

[@gaurav107]

Cherry picking. He has laid out landscape of challenges in India. For him, bigger problem is poor quality of jobs & poorly educated labour

[@8_adityasinghrawat319]

Yes everyone who want a job has a job, but problem is salary. Anyone can get a job but not the salary which he deserves or want

[@rohanmahadevan8512]

You can get a job tomorrow to dig ditches under NREGA. Do you wanna take that job?

[@8_adityasinghrawat319]

@@rohanmahadevan8512 well thats what sabharwal said,if anyone want job he is getting job, he didn't mention that they are happy with work and salary

[@rohanmahadevan8512]

@Siddharth Sriram that's exactly the problem. On one hand you need skills to do medium quality jobs. On the other, you need those medium quality jobs (not that scarce imo). People would do such low dignity jobs only when there's no other choice (i.e. a recession like now). If they're having to do such jobs during good times (which also happens) then that's bad. To avoid that situation you need investment and skilling. Which is what Sabharwal talks about.

[@rumlia]

"Banks will have to make sacrifices; shareholders will have to make sacrifices; employees will have to make sacrifices; and citizens will have to make sacrifices" says he. What do we see: employees have made sacrifices and so have citizens. Not so banks and shareholders. So statements like these that everybody has to mke sacrifices would have no meaning unless everybody sees everybody has made sacrifices. It would only add to cynicism amongst those who have acually made sacrifies that sloganeering and empty promises again have brought us doom. Mr. Sabharwal is a very good speaker, but I disagree with SOMEof his assumptions, analyses, and conclusions including on his glib Art. 370 comment.

[@RiyaSharma-ox5ev]

Thats ridiculous. Of course banks have made sacrifices- Lakshmi Vilas Bank (LVB), IL&FS, DHFL, Yes Bank, and PMC Bank- these are some of the many Indian banks that almost entirely collapsed during COVID. Shareholders of course have suffered too. What are you basing that argument on?

[@unnikrishnankizhepat3102]

Mr. Sabharwal is a real lateral thinker. We need lots of reforms in agriculture, labour, and decentralised adminstration.

[@nihekhuchishi9821]

Mr. Sabharwal is a snakeoil salesman. If they don't have bread let them eat cake, she said.

[@bite027_ketansharma6]

She has become the perfect example of amiir baap ki beti, gives zero shit about the down trodden

[@nagarajakadari8976]

This guy seems to live in an alternative universe 🙏🙏🙏

[@adroitspartan7907]

@sheldon pereira - Stuck up Modi's a$$ - there i said it for you. ;-)

[@bite027_ketansharma6]

@sheldon pereira oof

[@ImVedanshAgarwal]

Always remember in Politics majority is always correct but in Economics the majority is always wrong !

[@rumlia]

"A leader is a dealer in hope." Does it say all why we should live in dreams not in reality?

[@rumlia]

He is right on target on what he calls decentralisation, and what theorist 'want' as devolution. But the trend in reality seems to be opposite. Increasing centralisation.

[@rumlia]

Labour participation rate, if he does not look at, which CMIE does, he would have a bettter understanding of what 6.2% actually means. Because the Unemployment rate is only of those who 'seek' employment. Women's labour participation rate is now at 20% :-(

[@k6wolf]

Manish Sabhrawal is one of the smartest person in the country

[@prateekchhillar]

कुछ भी बोलता है ये बन्दा। सबके पास नौकरी है जो चाहता है। अद्भुत ज्ञान की प्राप्ती हुई है।

[@saurabhkawatra8938]

I can see the greed in this man spilling out who wants to suppress the workers. And guys this man is from Teamlease.. This company pays the lowest salary in bangalore.

[@RiyaSharma-ox5ev]

Don't be ridiculous. He obviously won the genetic lottery and is the more fortunate of the lot, but he's the reasons thousands in India have got jobs. It's better that they get a low salary than have no job at all.

[@MadhaviSardeshpande]

A very balanced and insightful interview! Keep it up, The Wire!

[@sumitalwar]

Why no sacrifice by govt servants. We are suffering out of pocket losses and they are getting 85 percent or more of salaries. Mr sabharwal please make some sense

[@anitaranjantoppo5986]

He is capitalist and a company man

[@manusankar007]

Then go work in private sector. What is stopping you??

[@anitaranjantoppo5986]

@@manusankar007 are you gullible or just plain stupid ? Labour laws are never followed in private sector. Employees and workers need money to survive but if all the money 💰 falls into small percentage of baniya crony businessman like Adani and ambani . Why the person even wants to work for these self centered *greedy* capitalists ?

[@manusankar007]

@@anitaranjantoppo5986 biggest crooks are babus in govt offices. Who demand bribes on a drop of hat. That's why none of you will work for adani Or ambani. There is no bribes to be had. And you actually have to work to earn a living. 😠

[@anitaranjantoppo5986]

@@manusankar007 😂😂 lmao indian dictator - modi and his friends Adani and Ambani run this country.they pay bjp in millions of rupees to run campaigns and built private offices. This is literally bribing. I work yet it's not enough to pay for my daily expenses . Because all my hard works are going into few *gujarati* Babus. Ever heard of being under paid ?

[@stephenraj7834]

It needs courage to say black is black & white is white.. Our farmers are on the streets.. may be they are not educated enough to grasp the" laudable benefits"the Bills would bring to them..!!!🤔 Anyway .. it had been proven that our farmers are honourable people..💪💪💪

[@soumyakanti17]

Mr Sabharwal suggests that deregulation and neoliberalism will magically solve everything. What India needs right now is letting go of deficit targets and provide liquidity by printing more money.

[@saurabhkawatra8938]

Absolutely right brother! Same suggestion was given to PM by Dr. Manmohan a month back. However, the current govt doesn't want to weaken the economic power of the capitalists.

[@rohitv2532]

Incredible grasp of numbers by Mr Sabharwal. Very insightful interview

[@rumlia]

He is right about 6% getting MSP. APMC was not there in about 6 states before 2020. Bihar's farmers did seem to get an increase in prices post-2006 when APMC was abolished. But volatality in prices of their produce seems to have offset the rise in prices.... Watched your nterview with Sainath also. What different perspectives on agriculture and reality! Very interesting : while one talks about a future dream of what can happen, the other talks about what was and what is the reality. Hmmmmm...

[@wethepeople1680]

Khulafat protests 1919 Civil disobedience 1920 Non cooperation movement 1931 Quit India 1942 Jay praksha narain movement 1975 What reform did these protests bring??

[@nandithas6575]

Team lease is a corporate lapdog. Ask him about one particular contract they run for MNCs where they hire ppl ( experience and inexperienced )as "interns" so that they can bypass paying PF /EPF and insurance . The "intern" contract duration is for 2 years and is often extended up to 5 years depending on the demands of the MNC . End of the contract they handover internship certificate , so the work done doesn't count for experience and it's hard to find job elsewhere . This is nothing but exploitation. Trust him to find loopholes in labour laws and make the most of it

[@npjay]

At last a different point of view , other wise mostly these programs are an echo chamber...!!!

[@HumanBeingsRThinkingBeings]

Mind Begs the Question: Gandhi & Mandela Protests Sign of Bold Reforms by British & S.Africa?

[@madhusudankarolia9195]

/// TXS AND GREETINGS FOR EXCELLENT PRESENTATION ///

[@Puneriteeka]

Comment: "Everyone who wants a job has a job. Our problem is not unemployment but productivity / employed poverty." What he means: Let's not misdiagnose the problem. Many people have a job that pays next to nothing. A rural farmer may tell you he's employed because he has a farm to work on, but the tiny farm doesn't need 10 people to work on it. What he needs is a REAL job that pays multiples of what he earns. So let's focus on productivity / per capita income, not employment stats because they can be misleading. What she hears: Everything is great! Everyone has jobs! Let's go home.

[@aryanraj6304]

Ahh at last, someone understands it.

[@raghavagarwal9997]

My 2 cents would be that while unemployment rate is low the labour force participation rate in India is also abysmally low (

[@QualiT99]

India is 10 HP engine which running in 2 HP because Govt. has sold half of the combustion cylinders and gears.

[@machinehead5585]

Mitali, can you please get Manish to talk about this government's stand on crypto currencies. Banks are dinosaurs. They are facing stiff competition from fin tech start ups. Manish is the most articulate guy out there and looks like he's the guy behind's Modi's economic thought! So will be good to hear from him on the rationale behind RBI's stand on crypto and this government's confused stand on fintech. Most leading crypto projects are working in Africa to bank the unbanked. We have some great innovators in India that hardly get recognised and supported. They are the solution not more banks. Banks are centralised and expensive to run. They are too centralised. In a class/caste-ridden society like India, a centralised institution can only reek of nepotism. We need strong codes to help finance grow in India. Banks lack transparency too. Banks work hand in glove with governments and that's the only reason they survive. Not because it has a competitive edge. If it's left to the free market, they will be long gone! RBI's ongoing battle to stop crypto is an example of how this government thinks and acts. It's too old school.

[@ajayarora7301]

Read, write, speak - soft labour - Everyone these jobs - No such jobs left. What type of jobs left - Hard Labour - MSME, health workers, municipality, security forces, technicians

[@ajay34555]

You looking so good and gorgeous in this beautiful sarees ma'am. The reality of Indian ECONOMIC GDP goes in to Pataallok. Will Rise Up let's See. Regards Ajay Kumar. Thank You.

[@jammRJ]

"Western countries would kill for 6.2 % employment" That was the rate in the US during the 2008 recession. Now it's about 8.4% in the midst of the covid pandemic. But surprisingly India unemployment rate has hovered around 6% for almost two years now.

[@wethepeople1680]

Data given by Indian govt has no credibility

[@rumlia]

Delhi to Daulatabad was also a bold reform!

[@mohitawalekar]

On whose suggestions or Demands the government form policy and laws? Who requested government to Pass such laws? Which Pressure group? Farmers or industrialists?

[@miheera.s.1191]

This person has made his money in his company was ensuring that Labour Laws are bent. This man- is everything that is wrong with the current Government.

[@RiyaSharma-ox5ev]

This ridiculous minimum wage argument again- What you don't understand is that if the company relied solely on the public sector instead of the private sector as Manish Sabharwal was suggesting, the contraction would have been far more than 26% in GDP. In this pandemic, it is inevitable for labour laws to be bent to an extent; sacrifices need to be made. It is better for the labour laws to be bent and workers to get a low salary than have to lose their jobs entirely because companies can't keep up with the rising cost in recession.

[@miheera.s.1191]

@@RiyaSharma-ox5ev I wasnt making a Minimum Wage argument that you seem to be alluding to. Also this is a 1 year old video, in which there is enough evidence to show that Manish Sabharwal was wrong and an absolute bigoted idiot on almost every count.

[@antonydsilva4025]

What aridiculous thought. Why don't you walk a thousand kilometers bare foot. Talking about sacrifices! Half of India's population have lived their entire life with sacrifices. Sitting on your comfortable couch and asking the poor for sacrifices!! Where's your heart man?

[@RiyaSharma-ox5ev]

Don't be daft- You can't blame a person for having been fortunate financially. He's right when he says you can't expect everyone to come out of this pandemic unscathed. There's a reason why a pandemic causes recession. His point is just that short term solutions are not the quick fix India needs. Until India finds a way to come out of this, sacrifices from EVERYONE are needed.

[@suyogambhore5799]

Miss. Mukherjee, when I watch your business wire, I always remember Sloane Sabbith of HBO series "The Newsroom ".

[@sam09metal]

Holy shit this is the first time I've heard a fellow Indian mention The Newsroom 🍻

[@rohansrivastava7419]

This guy is a lapdog...spoke nonsense

[@adroitspartan7907]

Same old blame it on the previous govt. line. This guy is the epitome of India's educated illiterate who are majorly responsible for India's descent into anarchy. This guy talks about wage reform - take a look at his own company's portal(TeamLease) - some of the wages on there are poverty wages. Hypocrisy is another hallmark of these types.

[@RiyaSharma-ox5ev]

EDUCATED ILLITERATE?! this man is friends with some of the great congress intellectuals of his time- Ramchandra Guha, Srinath Raghavan, etc- He was also educated at Wharton and Mayo college Take a second to read about him before you make ridiculous judgements. Besides, its better to have wages than not have a job at all.

[@intertex1962]

What were you doing Sir all these years.

[@DSY646]

Manish is brilliant as ever!

[@shalinitiwari148]

इन सब के पीछे मोदी सरकार की नई ऐतिहासिक योजना को समूचे देश मे लागू करने का मकसद है, *"अंबानी बढ़ाओ, अडानी बचाओ योजना"*

[@sunil361]

Whether it is Congress or BJP governance the labour reform was always been suffering!

[@dragonwarrior313]

In congress, they were surviving... In BJP, they are and will be dying... There is huge grey area between these two...

[@sidms724]

Stopped at everyone who wants a job has a job. Guy needs to get out of his ivory tower. Had a few not sensible statements earlier to that statement too. @Mitali I think you need to get smarter speakers for your audience

[@saurabhkawatra8938]

I really feel people like him should be called more often. Let everyone know how greed looks like.

[@wethepeople1680]

Who said ? Marie Antoinette?

[@joesilveira1008]

BJP was always protesting, means all Congress did is good

[@stephenraj7834]

well said...👍👍

[@softgrowl]

@@kailashnath1971 BJP is good for cronies.

[@sanjaygadhalay]

very opinionated and smug ..manish sabharwal..but i t appears ..he has a contrarian viewpoint..and forces you to engage cognitively..we need more such guys around us ..mitai as usual does a brilliant job ... kudos ..

[@intertex1962]

EMI moratorium Shahrukh de raha hai.Grab Karo

[@khansamar6889]

Lady is so beautiful

[@manabendra62]

Only corrupt lazy government officials and corrupt politicians and psu workers won't sacrifice

[@SajidKhan-jg8bk]

India for sale!!!

[@ehahaproductions680]

Go to Pakistan then. It’s a great country

[@vksharma7956]

Is economic growth with scant concern for human resource and it's well-being of any avail? Any economic growth has to have human face without it is ruthless cruelty!

[@mrinal170692]

Going through the comments, everyone who doesn't subscribe to the thought process of wife's stalwarts are sanghi/bhakt..🤦‍♂️ Be a true liberal not a liberand and try to at least digest other point of views.

[@softgrowl]

That doesn't mean every bs peddled

[@ajayarora7301]

Americans r 35 crore, 25 cr. consume - 10 cr. Do essential services

[@kumarbragu5466]

Mandi mafia

[@rampratapsharma3991]

Kaise hoga

[@ogmail007]

what he said about jobs was pure 💩

[@suryaprakashsastry]

The audio in your wire posts is BAAAD as compared pared to other wire posts

[@amitritu0521]

It’s impossible to understand him. He is just going round and round. Very poor orator.

[@intertex1962]

Who is this joker?

[@subhajitbhattacharjee8554]

He is a utter nonsense, people like sabhrawal only mince with words, all he says is only contradictory he understand nothing of economics, if wire wants proper financial analysis get time for journalist like anshuman tiwari

[@p.sparmaar7718]

नमस्कार मैं एक ज्योतिषी हूं मोदी के राज में देश आर्थिक रूप से बर्बाद हो जाएगा रेड बुक पर क्लिक कर आप मेरी वीडियो देख सकते हैं चैनल जरूर सब्सक्राइब करें