Q2 Results “Not Bad at All”; Economy Returning to Normal Rate of Growth - Pronab Sen

[@shikharsriv3553]

Karan..I appreciate your attempt at being unbiased.. we dont know which way economy will go...but journalist like you are needed....who dont support Modi but also criticise Rahul

[@adhirajjoglekar]

Sen has sugar coated the butter pill and Karan has uncharacteristically failed to pin him down. The higher growth rate post pandemic was in relation to low growth rate during Covid. When compared to pre Covid the trend has continued either downhill or at best is stagnant.

[@Bhuv-]

Precisely, we were at a downward trend till the end of 2019, despite US economy doing well, and that the hedge. Post Covid boom, as the name suggests, only lasted a short time. This time around, US economy isn't doing well either and not sure who/how will hedge us. I genuinely think large scale layoffs in India is soon to happen. It already started, it will only accelerate. We are going towards depression soon, in my opinion. But guess what, Our Sangi brothers don't care, so "Jai Shree Ram"

[@oriondoublecrossed]

​@@Bhuv-Looking at the U.S economy is foolish of any country. If they should looka t any economy,it should be china or vietnam. Us economy is basically pump and dump. Us govt themselves accepted that use imputations. Search what imputations really are We must look at chinese economy and compare to them. Whats their trend and how they are doing. Their finance and manufacturing sector. Then compare the trends to ours.

[@eliotanderson6554]

Good intellectual discussion thank u

[@shirishpanwalkar]

Enlightening and insightful episode. Thanks to Karan sir and to the expert sir 🙏

[@rajenlama.6850]

Jai Hind sir. Very educative topic deeply analysed in your interview on the issue " Returning to normal rate of growth " is really good news.

[@BabuThambidurai]

Very informative, and brings out a different perspective.

[@sarabjits7679]

Major concern is that general populace is not at all intd in the issue of economic growth.

[@vinayakdamodar980]

General populace does not know the difference between Real GDP in constant prices and Nominal GDP in current prices. They don't read . They get all their info from TV and youtube and are easily brainwashed by "3rd largest economy" soundbites.

[@bhupendergupta956]

Informative and objective interview.

[@Bhuv-]

As Pronab said, we were at a downward trend till the end of 2019, despite US economy doing well, and that the hedge. Post Covid boom, as the name suggests, only lasted a short time. This time around, US economy isn't doing well either and not sure who/how will hedge us. I genuinely think large scale layoffs in India is soon to happen. It already started, it will only accelerate. We are going towards depression soon, in my opinion. But guess what, Our Sangi brothers don't care, so "Jai Shree Ram".

[@arpitaacs]

Excellent well balanced interview. V objective data driven guest. Need more of this, Karan, rather than political agenda driven interviews.

[@peterjohn.v.8258]

Dr.Sen says the growth rate is "Not Bad at all" because it is catching up with reality. But how can catching up with reality be good news, when reality itself is bad? That statement seems to be conveying a misleading interpretation of the overall situation of the economy. Its in the last few min of the interview that the crux of the problem was stated - that the govt needs to mend its ways for the economy to grow faster. That has been the point of the opposition, civil society and any independent observer other than "Hindutvawadi jingoists" all through the last decade. But then they get named "anti India" , "anti Hindu"

[@dipjyotimitra186]

What is this mend its way? List out things 1, 2, 3

[@peterjohn.v.8258]

@@dipjyotimitra186 Dr.Sen himself said one thing needed is for govt to ensure MSMEs/entrepreneurs have clarity about future. I would interpret that to mean stop taking whimsical decisions based on which side of the bed Chowkidar woke up that day ( like demon, farmers bills, Agnineer etc etc). 2) Conduct Parliament as it should be in a civilized country (have meaningful debates, stop switching off people's mics, be open to criticism etc etc) 3)Stop sending ED/CBI/IT to anyone who is inconvenient. Just 1, 2, 3. You may follow "non Godi" media to get hundreds of items more.

[@TheZenith790]

@@peterjohn.v.8258 peter the problem is nobody in this country has a vision for the economy and nobody is really bothered no matter what you do, the more the situation changes the more it remains the same, India will go on like this only, even during UPA when the growth was 10 percent, do u think ppl were really happy in their lives and hopeful for a better future ?.......all these numbers are meaningless uless the poor man in this country has a hope in his eye, but sadly that has never been the case, these politicians will keep fooling us like this

[@peterjohn.v.8258]

@@TheZenith790 Well, there is always room for improvement. You can hear criticism about govts even in USA - which is a country with per capita GDP of USD 85K. So its expected that there will be criticism and people being unhappy in a country like India with per capita GDP of USD 2500. UPA was far from perfect, but at least we could criticize them and exert some level of influence through parliamentary processes. But in todays govt there is no room for criticism, no consultative approach, capture and subjugation of institutions, judiciary, media, the environment of hate, people being brainwashed into being cheer leaders - we are going down the tube.

[@jitkr1489]

you live in an eco chamber peter and reject what you don't want to hear. I am sure you clap for EVM tampering. you will also applaud India doing badly. you guys don't like good news because of your religion

[@noirdezzir8424]

India's GDP grew almost 200% from 2004-2014 despite subprime crisis, oil spikes and taper tantrums, but only 50% from 2014-2024.

[@spiritualbharat963]

Mr karan thapar you are too good. asking questions what a command over language. Lovely

[@nobufrancis685]

A ray of hope - the revival of the MSMEs.

[@shailendrabhatt8]

With an inflation of 6 percent and high unemployment rate this gdp data is disappointing. How is household income going to improve then. I fail to understand the economist's viewpoint.

[@dipjyotimitra186]

Growth rate is real. nominal rate = real rate + inflation.

[@SudeeptaChakraborty]

I think the idea is what you are getting is closer to reality than the inflated GDP growth numbers we were seeing before. In that sense it is a good news

[@MyviewsOpinion]

I think there is no need to worry a lot since this year government expenditure is drastically reduced that's why the infrastructural push because of the lok sabha elections only only 37% expenditure has done , in longer run it will be managed but we need some serious reforms...

[@DigitUnni]

Modi should immediately resign🤣🤣🤣

[@kuldipsurisViews]

Good interview Karan thapar always his best Thank you wire

[@jrkr7357]

Palki Salma said India's gdp growth of 5.4% still beat China's GDP growth.... 🤣🤣🤣🤣🤣🤣

[@666raki]

Did she really?

[@sureshmurty6523]

She's is a brilliant godi media heroine. If India grows by 5% on 3.75 trillion and China grows by 3% on 18 trillions the actual difference is more than 500 billion in terms of actual value. Send her back to high school.

[@dawner84]

China 4.5% serious recession , while India 5.4% which is not bad. useless at all

[@PriyaK-cu1fz]

​@@666raki why is it a surprise to you? she is a bjp stooge. And she has made similar statements several times, this is not the first

[@dipjyotimitra186]

Yes. That's true. What are you expecting? India is democracy. It'll never catch China. Allow dictatorship, see it rise to 10%

[@winfredj9820]

china used to grow at 20% when they were around 3.4 trillion. and we are happy with 6% somehow.

[@adialex1000]

Kudos to Karan for bringing back Dr. Sen-always a treat to hear his insights! Just a quick note: Karan seemed to confuse real GDP (adjusted for inflation) with potential/trend GDP, which Dr. Sen was referring to when discussing the GDP course correction.

[@ramdasmadhiyalla4058]

Sen should give the figures of employed and unemployed youth. India will always survive on rural economy. Sen should get out of ac rooms and live in the rural areas and do his economics.

[@DevTrivedi-tb3tm]

Palki sharma is not an economist OR a financial expert...She is JUST A PAID JOURNALIST...aka A PRESTITUTE... especially paid/ asigned to propahagate her master's voice/ideology.

[@srinivasrao369]

End result Acute joblessness High prices High real estate prices in cities High rent A person who earns Rs 50,000 a month cannot even afford a rental house in a city house in Pune city A 1 bhk in a good area is Rs 20,000

[@Buzyideas]

@@srinivasrao369 Where were you living brother? Rates for 1 bhk Viman nagar area in Pune is around 12000.

[@srinivasrao369]

@Buzyideas i stay in Aundh Hv houses in Wakad and pimple saudagar Here 1 bhk is 20,000

[@turanamo]

@@Buzyideas what year are you living in bro? this is 2024. 12000 u will get in a slum

[@YaseenPatel-o1d]

My forcast for bangladesh's Economy In next 5 years about 5-7 trillion Dollars to country's economy Domestic consumption Most of them will be a charity based economy Thank you

[@srinivasvaranasi1645]

A good discussion. We seem to be not talking about 8% growth. There are some questions that seem to have been missed out: How do we grow the middle class buying power and numbers, Is there an official or even an economist definition of "Viksit Bharat", What would be a realistic way to target a growth sector (Services, Manufacture or agriculture), Why is the private sector investment not growing, is there still time to leverage the demographic advantage- How? , Corporate tax rate increase to get more resources? Is there an appropriate mix of "rewri culture" and government doing minimum welfare? Potential Impact of Tariffs,

[@drshokatalisaiyed4733]

Are Buldozer & communal activities good for the 5 trillion economy targets in the democracies nations of the world?????? Is it true or false??????

[@Dadasahab1234]

97 ⁵% voting for one party by one community. Exposes facts.😢

[@19hbytuy]

NOR HIS MURDERING OF PPL BASED ON WHATSAPP STATUS ..........NUPUR SHARMA EPISODE

[@ageless1003]

​@@19hbytuyit was a bjp guy only.

[@19hbytuy]

@@ageless1003What

[@Killa_3]

if you want the harsh reality then it for now does not matter much , however if you really want to grow like china and others then you will need to make every citizen involved in productivity , especially women which is low in india compared to middle income economies

[@CreativeHuts-mz3wp]

Karan Sir you are the best interviewer India has. I really enjoy your interviews.

[@rosarosa6715]

Doesn't sound he is correct.

[@writedeepblue]

How India measures its GDP? Takes data from the formal (organized) sector and extrapolates it to the informal (unorganized) sector for which data is very difficult to obtain. Now, the informal sector is bigger than the formal sector. This gives scope to a lot of data manipulation which the governments (past and present) actually do. Very unreliable data.

[@hemikovsky]

What is Pronab Da smoking!! How will the 3 children of Mohan Bhagwat survive in this economy??

[@subramanianakhileswaran1910]

We have always been at the hindu rate of growth give or take a few % due to reforms or business cycle. Nothing exceptional it appears

[@josephbaroda]

Until government invest in Industries the GDP will not going to recover. The government policy of privatization made the things from bad to worse. There is no private companies neither expanding business nor starting new (except some shell companies), and put sault on wound, the Foreign Investment taken back. Really the economy is in trouble!

[@dipjyotimitra186]

Privatization is what prevented India to break up like Soviet Union. Ask Pronab Sen, He's very much pro-privatozation. He mentioned that previously.

[@hameed7939]

The Wind is blowing in Modi&co direction.Even the below average student gets a good mark once in a while.Thats what happened with Modi's case with respect to the Indian economy.

[@mohanishchitnis7680]

A ray of hope-MSMSE may be improving. Hopefully, the country will learn from the randomness of demonetization, which took 10 years to correct. India's lost decade is not in the traditional sense in terms of no economic growth but the silent pain resulting from (repeating) randomness and curbing the intrinsic diversity of India. Interesting how politics work. Economic hardship, at an individual level, can be undone by rallying up passions.

[@tafa9097]

Such projections are futile unless climate change is taken into account but unfortunately even very educated persons like Pronab Sen have not fully grasped the reality of what is happenning.Greta Thunberg is a voice in the wilderness

[@rakeshp4215]

Disagree with Mr Pranob Sen. This interview is not worth. Appears to be biased.

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he only criticized the govt. Lol😂

[@jitkr1489]

alelele.. EVM mein gafla.. India growing.. want to hear bad news about India and disappointed. go cry now!

[@AjitMaloo]

Well I guess the question which arises here ... On what basis the govt gave it's prediction and what was RBI's basis... And same time private sector... Govt giving 'sab changa si' jumla on what basis for previous years making people believe their economy is doing v well !!

[@BaraBabu-c4k]

Base effect cannot sustain for consecutive three years

[@manojoza2609]

Now Thapar wants RBI to be declared :Guilty" of prediction of GDP at7%. A judge whose judgement is pre decided and needs some one to be blamed.

[@mohan1997]

Mahan Ram Bhakt Modiji in his own words: "Jhooth Bolo, Baar baar jhooth bolo, jo bhi bol sakte hai sab jhooth bolo, jaha bhi bol sakte hai jhoot bolo, jitni baar bol sakte hai jhoot bolo, kisi bhi vishay par bolo to sirf aur sirf jhoot bolo."

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he only criticized the govt. Lol😂

[@SarojniSahu-m3x]

❤❤❤❤

[@melwynphilips856]

The child has been studying really hard, tirelessly almost day and night, he's been projected as the ultimate child/student someone could desire. But come result day, the child has failed miserably. Thats the story of Modi and his government.

[@jitkr1489]

Melwyn get me a mohito.. I'll give you a good tip! Baksheesh

[@BCDAist]

So it means the growth figures are right and will not be as forecast by RBI

[@TheNayak12]

All fake numbers...

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he only criticized the govt. Lol😂

[@anirbanbhaduri3780]

Cut interest rates print money...these people always are for it...

[@azimzaheer3508]

Not yet recovered from yesterday's Dushyant dave interview 😢 You should have picked up a different topic with a different guest,karan

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he only criticized the govt. Lol😂

[@ManiJanarthanan-u2n]

Process has gone up

[@mrgz999]

Is India all about Hindu and Muslim? What about economic growth, youth leaving India and studying abroad, unemployment?

[@sarabjits7679]

4 years for bounce back from Covid ?? Msme coming back , is a grt news

[@Еропкина-п3э]

Great content, as always! 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). Could you explain how to move them to Binance?

[@jaishankarn3869]

GDP geowth of five plus is bad for you, but three plus was great for you in UPA

[@ManiJanarthanan-u2n]

How gdpnis calculated in amount means inflator prices or gdpnisvquantum

[@1955knv]

Good news is bad news for Karan. Sen is not batting for Karan. 😂

[@oflavia2910]

Summary is India govt policy is dampening with tax regimen, interest rate, expansion,liberalisn, public sector disinvestment, promotion of msme sector lending, entrepreneur promotions that js contrary to and stamping on its own viksit bharat hopes.. 🤦‍♀️🤦‍♀️ ironic Wake up!

[@dipjyotimitra186]

He said the complete opposite. You need real university degree not WhatsApp

[@oflavia2910]

@@dipjyotimitra186 lol!

[@abhaykher9703]

The Wire & Karan himself should do some analysis on who speaks how much . In terms of words spoken Karan has 75-80% share and in terms of time 50% that too Prof Sens spends lot of time in thinking what to say and whatever he has to say he says slowly with lot of repetition . This is classic example how the interview shouldn't be conducted , a very long quention answered in few repeatative words after lot of silence to be again long narration by Karan ending with yes yes by Prof Sen ..

[@GulshanKumar-fk7lm]

Mr. Thapar is very intelligent but should be neutral in his interview to avoid political biases . His tone & style shows always to pull bad things of govt. Because he doesn't like this govt.

[@sanjaisc]

Without a substantial and sustained investment in education, limits on election-related freebies, and comprehensive reforms in agriculture and pensions, economic growth will likely remain capped at 5-6% at best. Meanwhile, China will remain five times our size, and the U.S. eight times larger, indefinitely. Extend the timeline for achieving middle-income status by another 50 years, and it won't look too bad.

[@rishipramanick6823]

Karan surely is having a pain under his belly 😂😂😂

[@ravisubramanian816]

Excellent interview Karan. However, while Dr. Sen repeatedly stressed that we would return to the trend growth rate of 6 to 6.5%, you tried to make him agree to your summing up figure of 6% which he had to again correct you to say it is 6 to 6.5% and not 6% as you had summarised.

[@ageless1003]

Nothing is gonns happen by .5 percent. With such huge population india needs to grow above 10 for next 10 years !

[@manojoza2609]

did you see Karan's reaction when he heard Pronab Sen "Not bad at all"? If RBI projects 7%+, Thapar is doubting it and is UNHAPPY. But if GDP reports 5.4%, he accepts that quickly and Mr.Sen's prediction of 6%+ , Karan is again Unhappy. He has to find something to cry....simply habit based

[@Anonymous-nt4sz]

Not at all.

[@shikharsriv3553]

You scanned his soul...he is being desperate for last 10 years

[@sarabjits7679]

Even intl brokerages and institutions are sticking with 7.2 % - how all are going wrong

[@ageless1003]

Haha...they get paid to release report. Its simple. Everyone and everything has a price except few hard folks.

[@dos8331]

plz make video on two students of bca in innvertis university bareilly died in single month

[@chintansurana9017]

3:09 So 5-5.5% growth is normal. Mami was jumping randomly about the 7+% growth

[@dipjyotimitra186]

This is normal. But if (a big if) govt can take it higher (which BJP can't, neither can INC) it would be marvelous.

[@ManiJanarthanan-u2n]

Define gdpninvreal terms

[@jaydeepganguly6144]

When food exports are rising as compared to the production the inflation is bound to be as it is and the figures are higher than it is shown...It is K economy which is one of the reason and secondly unemployment and poor wages salary.. Cost of living is getting higher and higher and hence buying capacity has shrunk and due to this whole growth and opportunities has slowed down... sakal gharelu utpad is reducing as compared to sakal gharelu utpaat😜 😜

[@shaikhmohammadhasnain9069]

Pronob sen incorrect. To say what he says is like saying patient in ICU is doing well. 😊😊😂

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he only criticized the govt. Lol😂

[@sureshmurty6523]

Another Modi apologist who is disconnected from the real Indian economy 90% of which is in the unorganised sector in terms of employment.

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he only criticized the govt. Lol😂

[@sureshmurty6523]

@@dipjyotimitra186 So obviously he has switched sides under pressure or knows which side the bread is buttered. What's so amusing about that?

[@turanamo]

@@dipjyotimitra186 sanghi cannot wrap around the fact that the left has different enomoic theories, right from welfare capitalism, socialist marxist, to engels

[@NIKITATANKINDIA]

दो घर से फालतू लोग अपना टाइम ओर हम जैसों का टाइम वेस्ट करने के साथ फालतू बाते कर रहे है, ओर कुछ नहीं। ***जयहिंद***

[@kundanpowar5944]

Viksit Bharat need not necessarily be linked to GDP growth numbers and per capita income alone. Vision of Vikas should be better sanitation, low cost housing, gainful employment, lower mortality rates, lower reliance on fossil fuel and quantum shift to renewable energy. Just meeting the essential needs will lead to a better bharat.

[@sbaskaran7638]

Highly negative perception. Still i reserve my criticism as the latest GDP is disappointing. However if cassandras like you are proven wrong by 3 rd and 4th quarters ( with GDP crossing 6 comfortably) I would personally let loose vultures on you for having injected so much ch negativism. Take care dudes.

[@govindsinghrajasansi2674]

Karan Mr Sen is always misleading our economy.

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he only criticized the govt. Lol😂

[@shikharsriv3553]

​@@dipjyotimitra186that's it ..😅 you nailed them well

[@machaant5258]

Summary: India's normal rate of growth is 6% to 6.5%. Effectively meaning we will be in the middle income trap.

[@19hbytuy]

what the sahebs like KARAN THAPPAR WANT

[@RaviR-xr2uo]

voodoo economics based on hope and prayer.... this person seems scared to speak out the truth.

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he almost always criticized the govt. Lol 😂

[@pureindian1234]

Bjp rss stop hate politics

[@chandubai]

Sen puppet of Modi govt justify everything while he agrees 😂

[@saravananc7121]

Ask subramanian Samy he'll give you a simple idea of how to revive and boost the economy instead of these yes sir executives😅😅😅

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he only criticized the govt. Lol😂

[@saravananc7121]

@dipjyotimitra186 because what BJP is doing is destroying our country not only by communal violence but also by hefty taxation

[@valsd4456]

Fake

[@mangeshgaikwad345]

seems pronob sen is worthless and biased

[@rajuthomas8119]

Meaningless interview. Foolish. All hypothetical assumptions!! We have real brainlessness issue among our so called intellectuals. How can our younger generation develop respect towards this kind of stale people. Intellectuals by virtue of of their positions not by their thinking or imagination!!!!

[@JasonFernandes-t8r]

is this an economist talking or a bloody bhakt

[@deepcool5497]

Piche se kuch aashirwaad mila hai, aisa lag raha hai. 😂😂

[@citizenkolkata6255]

😂😂😂

[@sbunty6733]

मे बताता महाराष्ट्र क्यो हारा कांग्रेस । वक्फ बोर्ड सच के बाद हिंदू समझ चुका के कांग्रेस को वोट देना मतलब -- अपना जमीन देना वक्फ बोर्ड को

[@harinderahluwalia640]

Utter BS. RBI forecasts 7% in Q2 and reality is 5.4%. Maybe the pandemic didn't exist for them. Karan, you should have a better screening process for selecting interviewees

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he almost always criticized the govt. Lol 😂

[@dipjyotimitra186]

Base effect kicked in. GoI forecasting was better than RBI. That's it.

[@North_Lights]

The problem with economics and statistics are that you can make spin however the way you want. So, are you saying economy is back to normal 5 years after pandemic ? that itself means the government did nothing to recover, Western countries economics has been recovered in 2022. Oh, this consumption decline argument, it is very old, is it Demand or Supply creates growth ? You can argue that off corporate India create more supply the consumption will increase. If you are saying corporate India does not increase productivity and supply because consumption is low, you are saying that Capitalism doesnt necessarily create jobs, or growth. People cant consume , because it is inflation, and supply is less, how the heck you expect people to consume more so corporate India can increase productivity ? Oh, you also blaming RBI , because they are too focused on curbing inflation and not bothering about growth rate. So, what is it you want ? RBI let inflation go high, so growth will go high, and you expect consuer spending to go high ? How ? You are trying to argue all the freaking ways. There is no easy way, get over it. Modi morons have no clue what to do with economy, and corporate India is failure, because Adani Ambani Tata and other few shitty corporation monopolized India. Monopoly will always squeeze everyone, whether you like it or not.

[@JitendraKumar-wp9wb]

HAHAHAHAHAHAHAHA!!!! He is also from diffrent planet!!!! He is true friend of SAHEB giving only false hope!

[@dipjyotimitra186]

Till this interview, he was the darling of the left wing radicals of the society as he almost always criticized the govt. Lol 😂