REAL reason why you are getting POORER? [And How to Avoid this situation]

[@AkshatZayn]

PS: 1. This is a last 10 year data study: which includes both Congress and BJP government. But, after looking at the comment section, it seems a dangerous thing to do to talk about the missteps of any government. So from now on, I don't think I will make videos which does not portray the government (or governments) in a positive light. 2. Small correction-- DDT has now been abolished (the screenshot got missed during editing). Since, this was a last 10 years study of wealth erosion, it was covered on this video. ►Check out our Business Analysis/ Management Consulting course [taught by me and an ex-McKinsey consultant]: wisdomhatch.com/management-consulting/ _______________________________________________________ ►Check out TaxBuddy for easier filing of taxes: filemyreturns.taxbuddy.com/akshat

[@fwefhwe4232]

pls enable auto english subs Sir. enjoy your every video (except bathroom one haha)

[@RohitRaj-fi7iz]

2

[@Debanjanepiskey]

Incomes aren't keeping up with the ever changing rates of inflation.

[@SahilSingh-jv6jg]

Incomes are not growing at the rate which it should. Inflation is relatively less controllable then income. If the government cannot control Inflation then atleast it should try to increase the income base to keep up with Inflation.

[@PraveenNune]

hmmm not sure if majority of poor would watch u r video. secondly if u had made this video 10 years before, would you put mammohan singn and PC photo with same title?

[@carolineM479]

Great video! My acknowledgement to you for your knowledge on business lesson that helped me understand the market trial with real reason why people get poorer, And How to Avoid this situation

[@churchillT3380]

Yeah I know you're speaking of investing, I would appreciate if you could more details on how one can start a great and profitable procedure.

[@steveowen342]

Thanks I will love to be your friend as well as sharing some experience and business lesson about your earning

[@malDaniella]

@@churchillT3380 You can only appreciate a person who tries to teach everyone how to invest and making profit on multiple ways in Forex investment

[@Carolinela280]

All about finding the right opportunity in the market and take advantage of it

[@carolineM479]

Can share some business tips that helped me, 1. Plan towards it 2. Be minimal on spending 3. Save money wisely towards retirement 4. Then be ready to take a profitable procedure as you venture into the market system, it's a proven way to get richer.

[@gauravsharma1067]

Akshat , you have hit the nail on the head. Unfortunately paying above 30 percent tax, I had an medical emergency and realized how not even 1 percent of my money was utilized for middle class's benefit and almost everything was spent in agenda propagation and subsidies for schemes which don't affect me. Now in my late forties, I wonder how I can change my fortune as I can't shift abroad

[@rakhiraveendran6790]

True state of every private salaried employee in India. We are doomed, we just pay direct taxes, but we dont matter, because we are a small percentage and dont even count as a vote bank.

[@rastogiji7793]

I don't know how much backlash you have to face for this video, but believe me you are on the right path of showing the reality to the world "along with the solution" ❤️✊🏻. Most we can do is share you videos to support you. People just go haywire if you criticize the govt. as if their relatives are running the govt 🤦🏻.

[@SUMANnic]

Finally, someone who has the courage to speak up! 🙏

[@nagecstatic]

Guys, let's appreciate the sincere effort from Akshat here. He knew that there will be backlash for mentioning the realities of our Goverments and Political leaders. He has given suggestions keeping the financial growth of everyone in mind. We are with you Akshat. But not a crypto fan 😀

[@kamrankhan-qx3mw]

@Nagarjuna Crypto is the future. You will see a booming rise in the crypto world after 2025

[@piyushmishra7738]

kzbin.info/www/bejne/e2G4c2Wbg7WGjac

[@sopanuttarkar]

I definitely agree with you @Akshat. I was working in India for last 7 years and ended up paying nearly 15k tax per month which was more frustrating compared to facilities provided by Indian government for tax payers. The current country where I'm working provides me lot of facilities.

[@rajivnarula1]

If all the people of the developed world would have quit & left their country in the struggling time of change like you have done, they wouldn't be great nations today.

[@arnab6537]

@@rajivnarula1 I wonder how much tax you pay before putting out gyaan.

[@badarikrishna3169]

@@arnab6537 😂

[@rajivnarula1]

Ouch! It hurt you, I guess.

[@arnab6537]

@@rajivnarula1 government se jyada nahi bhai😆

[@SavioToms]

I hope more people like you come on to this platform, people like you are the real ones trying to improve the country!

[@learningmaster8060]

I am an entrepreneur, I can tell through my experience that why manufacturing is failing in India, * High bank interests. Home loan interest is 6.7%. Industrial loan interest is 11%. When Ambani's are offered loans for 8%, small business men end up paying 11%. That too banks will grand loans only if you have land property for values much greater than the loan being offered. * Extreme corruption. In last 10 years, the corruption among Govt officials have exponentially gone up. Small business end up paying huge bribes to the corrupt Govt employees. * Heavy tax burden. 10 years back, business used to pay less tax, as Govt was not so strict in taxing small business. Now Govt Tax officials are finding innovating ways to increase taxing of small business men. * High oil price. Due to very high oil price, one of the most expensive in the world, small business cannot compete with countries like China where oil is much cheaper. * Salary of Govt employees almost tripled after Modi got power. He tax the private sector employees and small business owners to pay the hectic salary Govt employees are offered. Modi has only made it extremely difficult to do business in India. Under Modi, only category of people getting benefited are "Corrupt Govt officials" and "Richest Indians". If you don't trust my words, talk with few small scare business owners in your friendship circle.

[@anjanimittal5997]

Sir the data of gdp percapita you choose was of 2020 which is covid hit data. Take data of 2022 which is around 2300 gdp per capita. That is a 70% increse in gdp per capita. Compare with inflation we are around 10% richer. And i agree with your manufacturing sector point and also gini point. Thanks hope people will like this comment so that you can see it.

[@radhakrishnanvadakkepat8843]

Whatever happend masses satisfied with religious fanatism, bigotry and jingoistic policies. Happy with distroy the minority, and opening people. Media is now completely paralyzed and they clapping to get the circulation increased.with the blessing of rulers We will never correct since the phobia is strong with financial support.

[@mosesdunga]

Simple conclusion: we can't control Govt actions, hence learn new technology and leave the country.

[@ganeshk8757]

Please leave at the earliest and take few nay Sayers with you too

[@amudhanbakthavathsalu5308]

kzbin.info/www/bejne/r3zbc6Ohl62hpsk

[@amudhanbakthavathsalu5308]

you are correct and watch the video above at around 16.56 and later . the study says india is 3rd top country where peole are leaving the country alarmingly fast. . so that is the only option...I am already outside..

[@amudhanbakthavathsalu5308]

watch at around 16.56

[@ayushkanekar5698]

Dubai is the future brother the most safe place

[@adarshtadepalli7700]

Really feel so blessed to have a person like you on a free plotform like youtube

[@sachinrao760]

quick everyone save this video before youtube deletes it..every minute is precious! Akshat - more power to you ! I hope you never stop making such videos !

[@pablocro8401]

FEEDBACK APPRECIATED👆👆 Be sure to contact the what'sapp line above for more information and consultation on investment..

[@rahulb7272]

Don't worry this is not Maharashtra that NCP's goons will come and beat you for speaking again their leader

[@kksharma2822]

*Nobody cares dude, he's not Julian Assange or Edward snowden..*

[@sukunkalra6186]

So worrisome how we are all aware that this might be taken down but can't do anything about it. So much for free speech in India.

[@sswiseinvestor]

You are confusing bjp with Congress. Remember Sukanya rape case on rahul gandhi? Whole Sukanya family vanished in thin air.

[@cleonii]

These topics are rarely discussed in India. The rich and powerful have everyone distracted and divided by religious issues. People need to be aware of these things. The real war is class war, not religious war.

[@harsh2945]

He somehow pointed social equilibrium too! Dissolved reservation, promote equal opportunity, civilised society needs education , control birth rate too ! We are very well aware which community avoids all these things !!

[@technological1401]

India was already a religious country. BJP after coming to power exploited it. The shortsighted BJP clowns have delayed our growth by atleast 15-20 years as the growth is not just attributed to development of a nation but also the mindset of people. Most Indians would rather watch a stupid hindu-muslim debate for 10hrs than doing something productive.

[@dhruvjain1236]

You are true patriot sir 🇮🇳. Your way of explaining complex things in simple, logical way with rationality is extremely good🙌. Thank you sir 👍

[@mrgyani]

I have heard some of these facts on inequality mentioned by Saurabh Mukherjea as well. He says, in India top 20 companies monopolize nearly 70-80% of the business. These 20 companies return 45% on capital, while the remaining 20000 companies have an average growth of 1% per year. Basically a few hundred families control entire India. And it's only getting worse.

[@akshat9551]

⬆️⬆️Thank you for your comment… Be sure to contact the What’sap line above for more information and consultation on investment.📩

[@sriniprabhu]

This dude is fake~!

[@manishanand420]

The sad story is that some of us paying taxes at par with developed countries but in return getting third world services, more often you will be either harassed or humility by arrogant and corrupt government machinery and system.

[@mrgyani]

Exactly..

[@acmtravels7214]

You could even get booked under UAPA for saying that.

[@sakshikhandelwal7308]

@@acmtravels7214 hahaha. Sad but its was is todays reality

[@trpaarvai6545]

@@acmtravels7214 I agree with you.

[@onemuslim9313]

Vote for AAP to stop corruption Only they are the solution

[@akshaydhariwal4072]

democracy is process of hiring popular leaders not competent leaders.. thinkable point.

[@sndy2436]

Why not try living in north korea or syria

[@mrigankverma2171]

@@sndy2436 wah kya kutark diya hai aapne

[@mrigankverma2171]

Yeah difference between democracy and demagoguery (i.e. why Socrates hated democracy)

[@pastasempa]

@@sndy2436 or Soviet Union Komrade. *COMMUNISM INTENSIFIES*

[@tilakpatel9523]

Though it's a phenomenon being observed in most of the countries. Even Ukraine's president is actually an actor. That's like making Shahrukh Khan as prime minister of India. P.S. I'm not reasoning incompetence of our government. Just trying to explain that politicians need to be good at brainwashing people and show every reason over why they should be elected...

[@udayshome1793]

And here’s what I think - 
 1. Since I personally work in the services sector, I have seen that it not only continuously sways between onshore-offshore shifting preferences but also produces are lot of low-end work. Having said that, it’s not that govt isn’t focusing on these - for e.g. India is one of the largest CGI & post-production work hub for global movie industry.
 2. While agriculture is indeed only contributing to only 20% of GDP while employing 60% of workforce, it’s the lack of advanced agricultural practices (farm laws was to help, but we shot ourselves in the foot) that actually hampers growth. Look at Holland, which is one of the world’s largest food exporter per capita despite having a very small landmass.
 3. Manufacturing needs to be brought up for two reasons. We have to stop depending on our neighbour to control our market for even the simplest of products. With time once we achieve that our trade imbalance will be reduced. Then as we improve on materials science and production processes (why do all our engineers need to go into s/w services?) then manufacturing and design will also create high-end jobs too. 
Only one sector cannot keep becoming the magic bullet. Because many services will be automated largely in future and we’ll left holding the bag eventually. The Swiss produce both cheese, banks and watches.

[@udayshome1793]

Thanks!

[@mrgyani]

#2 farm laws wasn't a magic bullet, wouldn't have done much. We had something similar to the farm laws implemented in Bihar and it destroyed their market. And every data suggests with the regularization of the economy, a few corporates are able to monopolize everything. Same would have happened here. And the point is, you need to give these people other jobs and move them out of agriculture. #3 despite the push, why are there no results? That is the question. The point by Raghu Rajan was - there shouldn't be a make in India push towards manufacturing, as that model for growth is a bus we missed already. Now you cannot complete, its impossible. Let the forces in India decide their own course naturally.

[@acmtravels7214]

Service sector is still better than mundane factory work. We have to focus where you can excel and be. Global leader. China has already eaten all the manufacturing so we have to do what the next available market that is digital technologies and products. We can excel in that areas. But goverment is killing that wil high taxes and low ease of business.

[@santanudas1668]

Beautifully analysed.....Akshat is much more busy in quantitative analysis...end of the day quality matters...

[@whyItIsHappening]

Your 2nd statement is wrong. Holland is not one of the largest producer of food. It doesn't even appear on the list. The top 4 are China, India, USA and Brazil in terms of overall agricultural produce. Here is the source: - en.wikipedia.org/wiki/List_of_largest_producing_countries_of_agricultural_commodities

[@garvitdixit5932]

This was such a brilliant video, perfectly explained the problems faced by us youngsters, and why brain drain is so common here

[@Ashu-Dhiman]

@AKSHAT +⑨①⑧⑨②①⑦⓪④⑨⑥② you fake account 😂

[@ajeetvj]

I would recommend everyone to watch these videos with neutral mindset no matter which ruling party you support as grown up mature person. In order to grow we have to be critical about our own self and our state / central government as well. Yes, I am BJP supporters but I do know the pros & cons of having BJP in Central and having Congress in our state(Raj). Looking at comments bashing Akshat or each other, Pointing out who is andhbakht & who is chamacha, I can see how much mature we are as citizens.

[@user-mr6mo8fy5t]

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[@deepti1580]

Informative video. Courageous to talk about the current economic conditions n govt actions !!

[@roshanjohn4308]

@Akshat S ㊉①⑦①⑦⑧⓪⑨⑧⑧①⑥ isko koi bhagao yaar.. yahan alag dikhate chal rahi hain uske beech mein yeh laga pada hai apna scam leke Akshat ke naam pe

[@gollapalliabhishek2229]

This is an important analysis. Equipping us, citizens, to understand the sticky situation we are stuck in is best way to empower the society and give back! An Informed citizen is a weapon! Thank you! Keep disturbing us with more information!

[@akashagarwal3750]

This guys doesn't even know that GDP per capita is already adjusted for inflation. 😂😂 Please don't take Gyan from him

[@sammynimmy]

@@akashagarwal3750 can you share your Gyan..

[@akashagarwal3750]

@@sammynimmy already did man. Read again to understand 😂😂

[@sahilkushwaha5864]

As a regular viewer and as a student, I must say sir you helped me alot in understanding investing at macro and micro economic level. It doesn't matter which government gets the bad light as long as you are backed by data. And every viewer should watch and read anything without its hindsight biased. You are doing an excellent job for us students. And I wish you keep bringing these social issues and missteps by government, so we as a sensible voters and citizens can ask out government and oppositions both the correct questions.

[@sachinsudheer]

for years i told myself I'll stay in India, but now I'm deciding to move to us for better studies. it's sad that in a country of a billion people there is just 20 or so good institutions. 91 percentile in cat and standing with stick in hand..

[@s0ulweaver]

Good decision. If you don't get into the top 20 (which you won't with 91%ile), then no point in going for other institutes in India. Go abroad, if you've seen the qs world ranking of top IITs, you'll realise how far behind "Indian institutes" are in the world. And I'm saying Indian Institutes not "Indians". Indians are really insanely talented and growing a lot in this world given the right exposure.

[@s0ulweaver]

@Sayak Taladhi doing MBA from India , and not from IIM is even more drastic gap down. And there's no need of 50L to do MBA abroad. It can be done in 20L in UK and a person who gets 90%ile+ in CAT is respected far more outside India. They get meaningful scholarships.

[@tanmaybaran3202]

98.92 percentile here. Didn't get any IIMs

[@iamsrk3761]

@@tanmaybaran3202 plz tell which year

[@arjuntyagi5860]

You can go for gmat like askshat sir

[@AndrewOdyssey]

Very thankful for you, Akshat. When everyone tries to sugarcoat with neutrality, you chose to share the truth. Truth that's so valuable. Zain and family will be proud!

[@avij257]

I'm deeply saddened by the way he has to clarify everytime telling the truth,this is like modi is god and no one can critise him and his policy,there was time when inflation and price rise used to affect everyone, now if anyone ask this they are labelled anti national...this is unacceptable we have to get out of this cult of modi worship... otherwise this country will peril to its lowest core.

[@akshat9551]

⬆️⬆️Thank you for your comment… Be sure to contact the What’sap line above for more information and consultation on investment.📩

[@writetomir]

*I agree with you ... let's try to bridge the gap between communities to spread peace & unity.*

[@RohitKumar-eq6dx]

It's our PM ego of not having a capable Finance minister..they want puppet FM n we are paying the price

[@SavioToms]

Exactly

[@ramkrish8287]

See how cleverly economic slowdown problem by passed with UP religous news n Modi ji visiting temple in Nepal..don't know when our people wake up on countries real issues

[@msdadsfsx]

we are ready to pay 10000 rs for cylinder for development..

[@venkatucan]

Fact

[@Muhammedranin]

Pm itself is a Shaka student😃

[@milanashara]

I have lived in Singapore for 7 years and tax I paid there was around 3000 sgd which is 1.5 lakh making 43 lakh approx and in India I am paying tax more than 6 lakh / year making 29 lakh ctc. Paying double tax with lesser income with 0 benifit and super high realestate price and corrupted Indian govt which doesn't listens

[@manojcfa]

Then why did you chose to come back, Man !! Go back !!

[@MithunDhar88]

@@manojcfa Fool will never understand

[@pastasempa]

@@manojcfa exactly! everyone who is actually earning a good amount, paying heavy taxes 2x 3x comparably, we should just tell them to relocate to another country. Very good strategy. Please stand in next elections.

[@manojs6647]

What zero benifit mean ? Then why you came ? You have purchasing power more than 90% of PPL is it not the biggest benifit ? Indian tax payers percentage is tiny to reduce tax ... What ever the product ur working on its demand is due to number of PPL who are not paying tax but acting as user , considering this i feel if this much users were not there we would have big companies to offer there service here you wouldn't have oppertunity to grow in ur career here ... If You only need one side of it, keep it up..

[@shahidmans]

@@manojs6647 oh bhakt.. Welcome

[@haha..551]

No degree,no college, no profession will give deserving pay, lifestyle balance in India. India there is just one motto- *if you have money you buy any degree,any profession,any professional*

[@gunjitkumar]

I totally agree with you, I also personally think that we should be focus more high end technology and advance manufacturing rather following China's footsteps we have such a great talent but they are working the same job as someone with less capability than them. It truly is depressing to think that what some person could have done a breakthrough in block chain, advanced materials, new technologies is just working an IT job at the best.

[@carenthusiasts7614]

Before you go to advanced manufacturing you have to start woth basic/ simple manufacturing first

[@GianetanSekhon]

Accolades Akshat!!! It takes guts to speak the truth in today's India. When the government is busy undoing the history, we can imagine they don't have anything left for doing anything for the future.

[@milanashara]

Solution is to move out of India or leave job and start your own business and avoid tax legally

[@akshats9730]

Thank you for your comment• Be sure to contact the What'sap line above for more information and consultation on investment. I have a new investment I am sure you will like to be part of..

[@geeta1861]

Not everyone can start business🙂

[@vikasumTrader]

Yes ,study hard and get out of this country like Pichai ,Nadella etc....India is too corrupted country and more hatred in this country

[@jhilmil1401]

True that

[@jatinsoni1979]

How easy of a judgment to make from a loaded video. I wish you well for the foreign life you dream of.

[@neerajsms]

You know something? Before people can criticize their government without fear. Now everyone have to put a disclaimer. I have seen the same fear in Rachana's videos also.

[@chauhanmanish682]

They're still criticizing , just for more views they use that tagline. People are criticizing from a long time.

[@venugopal8492]

For which video

[@SanjaySingh-yh2rf]

This guy is literally jeering at the FM statement ..n u r saying he is sacred. FYI, evey youtuber is only concerned with their reach .They put disclaimers so that they don't look biased.

[@ps9695p]

Brother, they put disclaimer to avoid any legal issues....other utuber also did eg: carryminati,.....as politicians have big fan following so put disclaimer.

[@MrMaafiaa]

Well said! Fear is at the highest level since last 4-5 years. Nees to protect these Akshats and Rachanas of India. #TruthArmy

[@Thestellarfreak]

I am a 17 year old it makes me feel privileged to learn the basics from akshat sir, of how to be wise with my money and be a sensible investor in the future. Thanks for that, Akshat Sir😊

[@swapnilyadav800]

@Akshat S.㊉①④①⑨④⓪⑤①⑥④⑤ don't scam someone buddy idk what do you get from it do something respect full in your life 👍

[@akashagarwal3750]

Bhai galat padha rha hai. Truth is GDP per capita is adjusted for inflation. Itna basic bhi nahi pata isko. Google karle. Ye to McKinsey ka nahi ho sakta.

[@awezkhan19]

@@akashagarwal3750 kya baat hai bhai hum logon ki yahi problem hai bs ek glti dhoondte rhte hain tumhari tarah saari acchai chhod kr 🤣

[@akashagarwal3750]

@Akshat S.㊉①④①⑨④⓪⑤①⑥④⑤ bhai comment padh to le gadhe

[@akashagarwal3750]

@@awezkhan19 bhai ye kesa logic hai. Pura video hi galat hai. Sala Jo metric inflation se compare kar rha hai wo khud hi adjusted for inflation hai 😂. Thoda smjho kya likha hai mene. Ab koi galat bol ke chutiya banayega to me to sach bolna thodi chor donga.

[@antonyjoseph8155]

Hello Akshat, quick correction- DDT does not exist currently(it was removed from 2020 if I remember correctly). I agree with you that the tax incidence is still very high on dividend considering the company is already taxed on its profits and the share holder is paying tax on the dividend he is receiving. Thanks for the effort you are putting in to bring out high quality educative content for your viewers. Keep it up.

[@vilesh8543]

This one percent of business class shifts 99 percents masses taste, preferences, buying habits thru dream new products and services by smarter advertisements in exchange of cash. We end up spending more for less utilization and high depreciation value. Eg cars, gadgets, apperals, home appliances, private tours.

[@meandmydog6948]

Awsome Akshat. Hat's of to you. Actually this video is eye opener for any true Indian. In the name of so called patriotism, we are tolerating futile political drama. Please make such more eye opening videos. 🙌🙏🙏

[@TheGameYou]

Kudos to you man. Thanks for creating this video.

[@andyrobert976]

Your in tune with my thoughts, this has to be shared and said more often. I am A-Political but facts are facts. The problem in India we have a bunch of emotional people which is an hindrance to our nations growth.

[@vipingrewal4443]

Modi Ji is a very busy person, he had no time to think about the Indian economy... before 2014 Modi was busy with how to become PM ...And now in 2022, he is busy with how to sustain his position and stay as PM Forever.

[@akshats.247.]

ᴛʜᴀɴᴋs👆ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ☝️ғᴏʀ ᴍᴇɴᴛᴏʀsʜɪᴘ, ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀɴᴅ ɢᴜɪᴅᴀɴᴄᴇs ᴡʜᴀsᴀᴘ ᴍᴇ ᴅɪʀᴇᴄᴛ

[@souravkumar_]

Hey Akshat, amazing video. A real eyeopener to the current economic situation in the country. It is a sad affair that whenever someone tries to call spade a spade, people supress them saying if you hate India this much then leave. I think many have gotten used to live like this. One thing you missed is comparing USD rate change (GDP) vs INR rate change (consumption). Not apple to apple comparison. But doesn't take away a strain of wisdom this video gave. Kudos for being this vocal ❤️

[@joelbiju3628]

You do raise an excellent point here, but I can interpret this a bit different too. Income rise must be adjusted for inflation for finding the actual income rise due to productivity. For example, if 10rs (total income in 2012) buys 1 apple in 2012 and 100rs (total income in 2020) buys 1 apple in 2020, in effect your income has not risen. What I mean is your income has risen considering inflation, but your income has not risen in terms of productivity (you can view productivity like getting a promotion and doing more work). Therefore it is important to view income rise (from productivity i.e due to the actual hardwork of people) when considering inflation, which I believe is why Akshat used income stats in US dollar.

[@mikerodney5581]

⬆️⬆️⬆️ thanks for the comment... Contact the What'sap line above for more information, and a new investment plan ✉️

[@suyashahuja7816]

Correct. If you use GDP data with INR, then figures look much better GDP per capita (2012) - 1346 usd USD to INR(2012) - 53.4018 GDP per capita (2012 in INR) - 71878.82 GDP per capita (2020) - 1797.76 usd USD to INR(2020) - 75.416 GDP per capita (2010 in INR) -135579.87 Percentage change in INR - 90% Akshat had decent content till now, but these days he just wants to sell his courses by spreading fake data.

[@helenoliver4838]

Investing in the stock market is the best option to make a passive income. Virtually all the markets are crazy, most people pay more attention to the shiniest position on the graph, I'm keeping a diversified portfolio.

[@devdaniel3225]

Investing in stock is a good idea, a good trading system would put you through many days of success.

[@georgecooper8750]

Exactly, the trick is to diversify your investment, don't panic when everyone else is, and invest consistently.

[@helenoliver4838]

This is the worst possible time in history to invest as so many don't back up their stock assets. More emphasis should be put on day trading as it is less affected by the unpredictable nature of the market. I have been trading with *PRISCILLA DIANE AIVAZIAN* insights and signals.

[@henrygarcia1792]

@@helenoliver4838 How do I reach her, you got any possible means of getting more info on her services?

[@helenoliver4838]

@@henrygarcia1792 Lookup with her name on the web, you will find everything you need to know about her service.

[@andrewspaul7288]

Major Problem there is no enough discussion happening about Infrastructure, Economy, Vision, Future Course of actions, Healthcare etc. People are getting distracted by Unimportant things like Religion, freebies, election jumlas, over Patriotism etc. Nice video. Very informative

[@bijuedayadi]

Very True

[@sandeepreddy4455]

Even conversions are highly happening here 😢

[@navrozehodiwala9586]

It is so sad that even to narrate just basic simple economic facts one has to be really cautious to voice it out. Speaks about where have we landed in last few years. Congrats Akshat for atleast addressing it and for this if you are getting bad comments then one feel only sorry for what we have become

[@vincentdsouza10]

As long as your info is fact based don't bother about the rabble rousers who dont know the difference between a liability and a pothole

[@akshats.247.]

ᴛʜᴀɴᴋs👆ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ☝️ғᴏʀ ᴍᴇɴᴛᴏʀsʜɪᴘ, ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀɴᴅ ɢᴜɪᴅᴀɴᴄᴇs ᴡʜᴀsᴀᴘ ᴍᴇ ᴅɪʀᴇᴄᴛ

[@nagendraprasad2154]

Hi Akshat, I follow all your videos, keep up the great work. However in this video, there is a discrepancy in your comparison of inflation vs growth. You can't compare inflation in rupees while comparing gdp per capita in dollars. in 2012, 1 dollar was ~50rs, so gdp per capita was ~67,300 rupees, while in 2020, 1 dollar was ~75rs, so GDP per capita was ~1,34,000. This puts the growth figure at around 100%. I do agree governments eat our savings through inflation, but India's inflation and growth were under control for the most part.

[@AkshatZayn]

Hi Nagendra, we are comparing the growth percentage difference (of price increase vs income increase) in absolute terms. Whether we do it in INR or USD, it would not make a difference. So the data is still correct.

[@nagendraprasad2154]

@@AkshatZayn I think it would have been right, if we assume, one of the 3 entities as constant. The divisions doesn't work when you are comparing a depreciating item with a constant item. Let me put it in another way: As per your observation, in 2012, the total weekly bill was 1012rs which is ~20.24 dollars while the total weekly bill is 1654 rs which is ~22 dollars. which puts the inflation in dollar terms at 10%. Again, repeating I am not saying this comparison is correct, as you would have to be earning in dollar to get this low inflation and not in INR. But the point remains, when there are 3 variables you cant divide the absolutes and draw conclusions.

[@sandeepreddy4455]

@@nagendraprasad2154 yes ur correct !! I think Akshat missed this one ☝️

[@ras212000]

@@AkshatZayn I also agree with Nagendra, you have set our expectations very high from you by proving that you do unbiased and true depiction of any topic. I am a big admirer of your work and highly recommend your videos in my circle. Keep up the good work.

[@mageshmac4716]

In 2012, 1 dollar was Rs.65 , not Rs.50

[@NikVilluri]

As long as policies are framed with elections in mind, long-term & quality thinking is limited by design. At least the silver lining is the number of good brains advising the government is increasing, e.g. economists like Sanjeev Sanyal. What Akshat is doing is a great service, by empowering and educating the people, so that we can then demand the performance of our elected representatives and perhaps even contribute to policymaking, etc. @Akshat My request, would it be possible to make a video on the "unorganized" sector? Problems & solutions? Happy to work with you/your team to do any research for the project. Thanks.

[@rajpandey1448]

I wanted to add a point on unemployment, that our young population has no basic skill to be employeed, my father is a business man when we offer a job with not that big salary to a fresher they don't want to start small and if he/she even starts working we are unable to even develop their skills as they least interested. In small town half of the young population want sarkari job or they are into drugs and all, I feel demographic advantage is just a number the ground reality is different specially in small towns and city.

[@tilakpatel9523]

I agree...

[@DisciplinedTrader27]

Same LOL

[@hotaru6765]

true everyone's parents want Sarkari Naukari, settle and complaint about every little things. They want to just get a job once and then stay there.

[@prashantbisht6384]

What is your father buisness? I know it's none of my business but anyway just curious 😀

[@DisciplinedTrader27]

@@pankajsharma-np8rl These days everything is on tip of our fingers the youths don't want to work their ass off and rise They want to enjoy, do drugs and all kind of crap

[@srikant85]

The analysis, suggestions and the facts you present does far more positive to the people than the few negative comments you might have got. Disappointed to read that going forward you will make selective videos that only paints a positive picture of our govt. Your channel is known for knowledge and facts, both of which are dangerous when used selectively. With great number of followers, comes great responsibility. A big thanks for what you do! 👍

[@akshats.247.]

ᴛʜᴀɴᴋs👆ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ☝️ғᴏʀ ᴍᴇɴᴛᴏʀsʜɪᴘ, ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀɴᴅ ɢᴜɪᴅᴀɴᴄᴇs ᴡʜᴀsᴀᴘ ᴍᴇ ᴅɪʀᴇᴄᴛ

[@neetakakkar6075]

Guys this video should reach our finance minister..it is an excellent video,must be watched by all

[@smitkadu5504]

Love this kind of content where u bring the true problems with great solution. Love u

[@fxiry_shimmy_shimmy_ya05]

👍

[@niranjanasudhir1176]

Hi good morning akshath. You are really striving hard to make people understand the fact . Hats off. I watch all your videos n eagerly wait for it daily.

[@SuperGabruJatt]

So proud of you for having the guts to make this video. Respect.

[@10ON10]

*enlightening the public with this financial knowledge is no less than service to the humanity*

[@panditulape3890]

REALLY YOU FIND OUT THE THE PROBLEMS WHICH IS POLITICALLY CORRECT BUT YOU ARE NOT BLEMING GOVT THIS IS REAL PROBLEM OF EVERY EDUCATED PEOPLE

[@anandbabu4175]

Sir you're totally totally CORRECT. THE SITUATION THAT HAS HAPPENED IN SRI LANKA WILL SURELY HAPPEN TO US. I DON'T HAVE FAITH IN CONGRESS NOR BJP. THE SHOW THAT THEY ARE ENIMIES BUT THEY ARE FRIENDS AT THE END OF THE DAY IN A BAR.

[@Abhishek-gw1ry]

So babuji aap q nhi desh chla lete fir🙃

[@bijuedayadi]

Very True

[@altafattar8502]

Great analysis sir, thanks for sharing details. Very bold move against both governments. Paid media will never talk on this topic. Be safe and God bless you sir.

[@ravikumarkuntumalla673]

I sometimes cry when I think of what govt is doing to this country.

[@chakithrao3437]

If you're afraid to disappoint anyone, you will end up disappointing everyone. Excellent video.

[@babinbabababafredyprakash2836]

Such true Akshat , India will flourish , If we figure out a way to reward talented people to serve for our country .

[@YashGhogre]

Appreciate this Sir ! Please keep making such videos. Few haters will always keep cursing but the knowledge you share is so valuable, so please don't stop.

[@richiesmart5197]

Last week, Warren Buffett talked in BBC news about how investors and traders can make millions through Crypto. He also recommended an expert Mrs Olivia Segal. Wondering if any viewers here are familiar with her services?

[@jodisnyder460]

Yes I'm conversant with this trader, She's an experienced and unique trader, I have a friend who's investing with her for some time now

[@estheralvarez5496]

It’s strange how people talk about all the profits, they have been making through trading of crypto, while am here making huge losses. Please can someone put me through on the right path or at least advise me on what strategy to follow.

[@marionbuffett3987]

Investing or trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trades.... I will advice you to stop trading on your own it’s very risky. Seek advice of a professional trader.

[@thomasbright4551]

I'm honestly surprised that >> Mis Olivia Segal is being mentioned here, I stumbled upon one of her clients testimony last week in CNBC news, she seem to be doing extremely well

[@robertshawn5348]

@Rose jackson reach her on

[@achalchauhan1990]

While I was always a big fan of Akshat, I am shocked at todays video. My complaint is for the clickbait at 4:50, which is fooling the common person. 1) Akshat said that grocery price index increased from Rs. 1,012 to Rs. 1,654 whereas GDP per capita increased from $1,346 to $1,797 for the same period of 2012-2020. The 60% increase in the grocery basket showed at 3:45 is in Rupee terms, whereas the 33% increase in income from 2012-2020 is in USD terms. We all know INR has devalued against USD in those 8 years. $1,346 on 31st Dec 2012 was Rs. 73,816 $1,797 on 31st Dec 2020 was Rs. 1,31,339 THIS IS AN "INCREASE OF 77.93% in income" and not 33% if we go with Akshats metrics. Either both values should have been taken in Rupee rate of that year, or in dollar values of that year. 2) 2020 is the worst year to take this data. This was the year of COVID lockdowns where every major economy was down. If I wanted to downplay the returns of the stockmarket or make a video against stocks, I would take the data ending in the year whenever there was a stock market crash (like 2000,2008,2020,2022?). Akshat is a sharp guy and knows all this. I dont know why he has made a skewed video.

[@nagup980]

Agreed to your point, I have been following him from long time ,but this is not digesting, he should release one more video to clarify this.

[@pksingh3232]

Yes you are right and gullible followers will say look how Indians have become poorer , this is how propaganda works, people dont have common sense that GDP per capita cannot be taken as a metric to compare prosperity of 2 countries

[@sidharthagarwal3388]

I absolutely agree with you sir!! This guy is going off the band-wagon and just saying general stuff and fooling people now

[@pksingh3232]

@@sidharthagarwal3388 It’s basic common sense that there is a war going on and there are supply chain disruptions so inflation will happen, we should see what happened to Srilanka, it’s debt increased rapidly because of Dollar appreciation too due to high inflation and lack of forex inflow due to Covid, high taxes is definitely a problem but we cannot say that Bangladesh is better than India or else why Indians are not migrating to Bangladesh for better salaries

[@sidharthagarwal3388]

@@pksingh3232 I 100% agree with you. I’m just getting upset with Akshat on this click bait and not giving and vetting his facts before giving them out in public. I feel young and gullible people should not fall for it and do more research and analysis like Achal has done in this post.

[@vikon170]

A very good and to the point video. The rich get richer and the poor get poorer, Ministers n MLA only talk to win elections, no benefits received for paying taxes, but more hidden taxes are levied. People who have defaulted on huge loans are people who will be talked about in economy history books, but no effort made to arrest them as they are part of the same chain. The young educated generation will have 2 choices either to live here where Religious indifference caused by political parties that continue to hamper.growth & pay more taxes or migrate away.

[@cherayildecors6614]

You nailed it. Vote for AAP who focuses on education

[@tradekings5433]

This is why investing is so crucial. You might not be able to invest as much as 50% but by investing you can be financially free way before your retirement age!

[@viviangall1786]

If you have the patience and discipline to buy and hold any asset or stock, you will be rewarded.

[@Robertgriffinne]

The long term investors like 'Stephanie Priscilla Bonillo' do not worry about short term performance that's why i follow her trades, which made me amass a profit of $24,000 from $2,500. Whilst there will be crashes and opportunities to buy the overall trend is a positive one!

[@claradidi7573]

@@viviangall1786and always backup your trading with a good strategy, else the bear market will hit you so hard, and you might wake up losing your savings.

[@PhilipMurray251]

@@RobertgriffinneThe market has chopped me so hard, my portfolio is in shambles so i really need some guidance on how to invest better. how can i reach this person.

[@Robertgriffinne]

@@PhilipMurray251You can look up her name online for her page and reach out. Understands the job perfectly.

[@ashwinikumar2302]

Agreed that 60% of population (farmers) is contributing to 20% of GDP but one cannot eat money ! Every contribution should not be monetized. Atleast we are self dependent in food and they deserve all the credit. These people contribute to 20% of GDP and almost 100% to our plate. The video was otherwise very informative and precise.

[@akshat9551]

⬆️⬆️Thank you for your comment… Be sure to contact the What’sap line above for more information and consultation on investment.📩

[@sandeep4uin]

Hi Akshat, Why did you consider 2020 year GDP for the growth rate calculation? You consider inflation till 2022 but GDP till 2020. Can you please explain?

[@user-um7se7lw5o]

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[@muthusamyarumugam4189]

Great effort. The only way the middle class people and other poor people can hope to have a decent life in India is : 1. Abolish the income tax for these class as GST collection is more than enough.. 18% GST is the highest in the world. 2. Stop the Banks charging the customers for the services - India is the only country where you bank-in or withdraw your money you will be charged a fee (other countries do not do this). If any Bank is making losses it is their own doing. 3. Tax charged for stock market trading is crazy. Triple tax deduction for dividend is day light robbery. High taxes yet the people are poor. It is disgraceful to see people sleeping by the road side in every city of the country.

[@ArjunReddy-wl8bq]

Hi Akshat Srivatsava it is wrong to compare 10 years inflation in indian context, but gdp percpaita in dollars.. if you want to get proper perspective, compare 2009-10 to 2019-20 inflation against 2009-10 to 2019-20 gdp per capita growth in rupees. because dollor value in 2010 is around 50 to 55 where as in 2020 it is around 70 to 75..

[@senm6115]

Raghuram's interview highlights this fact that we are better off doing what we are good at rather than chasing someone else's dream. We can't be a manufacturing hub cos - 1) Labour is costlier than other countries. 2) Land acquisition reforms are at snails pace. So instead focus on being service hub.

[@rahulpoddar8826]

I think DDT is no longer in practice. Currently dividend is taxable only in the hands of receiver.

[@vikask9263]

Yes, DDT is no longer applicable. So only slab rates

[@akshatauppin4008]

Now dividend is normal income and taxed on slab rate

[@ibrahimdua]

Until last month this guy was so optimistic on India’s growth story and believed that everything is going great and this decade belongs to India. Now that the stock market is sliding down badly this guy has turned pessimistic. He’s making a fuddu of all of us.

[@rainman2543]

Man! This guy and his constant chatter about crypto & blockchain 🤷‍♂️ Why is India getting poor? - Blockchain plug Why is stock market crashing? - Blockchain plug Like its the new oxygen!

[@akshat9551]

❤️FEEDBACK APPRECIATED kindly reach out to the what’sapp line above for consultation and investment purposes.

[@heerasingh3580]

Hello sir I find your videos very insightful and made me quite aware of the financial situation. Huge thanks I want to ask about one thing We calculated the inflation in Rs and salary increase in Dollars. Does that mean same???

[@akshats.247.]

ᴛʜᴀɴᴋs👆ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ☝️ғᴏʀ ᴍᴇɴᴛᴏʀsʜɪᴘ, ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀɴᴅ ɢᴜɪᴅᴀɴᴄᴇs ᴡʜᴀsᴀᴘ ᴍᴇ ᴅɪʀᴇᴄᴛ

[@karthikreddy637]

Sir, The true value of farmer is more than economy!! I understand ur point of view sir. But if we don't get our agri infra right start up like Zomato , swiggy and so many FMCG and delivery start-ups won't be a force to consider in digital economy and digital India. And also we will end up depending more on other countries for food supplies and inturn will increase our imports values.... Yes digital age and economy is important, but the economy and people depending are also equally or a bit more vital for our food securities.

[@rahulnathshahdeo6161]

He is not telling to leave agriculture and come to work in digital field or manufacturing .. He is just telling to increase the share of GVAS

[@user-cd3vh1ih4n]

True even Govt might not directly benefit from Agri but that's where our Money is rotating if not Govt won't get those indirect revenues.

[@stephenmani8495]

Karthik Reddy - I think you have misunderstood what he is saying. He is NOT saying we should leave Agriculture and put the money elsewhere. He was only using it as an example to explain what Gross Value Added Services is. The focus was more on future, and in that regard he was saying that for the future India would be better off investing and focussing more on Services instead of Manufacturing, firstly because India's strengths are more in Services than in Manufacturing, and secondly because Services also offers higher Gross Value as compared to Manufacturing. So it will benefit us.

[@LifewithVRP]

Amazing content I always admire how easily you describe things in simple words thanks man for such high valuable Knowledge

[@p3nx1lz91]

4:27 the 60% inflation is of the rupee and the 30% growth in gdp per capita is in dollar. The gdp per capita growth in rupees is from 1350*48=64800 to 1800*78=140400 that’s actually a 116% growth if we adjust the inflation. I might be wrong but the comparison seems to wrongly conclude that we’ve lost 30% in the past 10 years

[@user-um7se7lw5o]

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[@Criclover1845]

Kuch bhi

[@arpanmaity007]

A big salute to you. I will share with everyone so that citizens of India can understand who are the real culprits.

[@Yogi_Ram]

An Eye opener🥰 Only Solution is youngsters like Akshat should become Ministers, MPs & MLAs etc to bring the changes needed..👍

[@writetomir]

You are absolutely right, Akshat. Thanks a lot for this informative video - eye opener - Please do make videos on such general topics also at least twice a month - It will be very useful for us.

[@folake236]

Thank you for your comment• Be sure to contact the What'sap line above for more information and consultation on investment. I have a new investment I am sure you will like to be part of..

[@renukhanna6603]

Akshat you are The best. Thanks for sharing such powerful content.

[@narayanamurthy7553]

Dear Akshar There is an error on dividend taxation. Dividend is taxable in the hands of reciver according to the slab. Dividend distribution tax for corporates abolished two years back.

[@user-um7se7lw5o]

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[@madhavkulkarni8030]

we came to that position where to criticise government we need to give disclaimer. Some one told 'Criticism is backbone of democracy'

[@bibsbro77]

Master piece in content creation and delivery .... You guys are the best of all...

[@iitmumbai1]

Everything very rightly put ! Hatsoff !

[@bobbrown4998]

⬆️⬆️⬆️ thanks for the comment.. Contact the What'sap line above for more information, and a new investment plan ✉️

[@abhipratik7414]

Thank you so much for creating this video. Thank you for your factual data-driven content. I understand it takes a lot of time to research and synthesise these information. Best wishes from the UK. Unfortunately, I am also one of those brain drain pools.

[@shantam91]

The bottom line is Govt. should approve crypto as you are invested in it.

[@AdityaNRai]

Hahahah

[@anubhavrastogi5888]

Inflation only hurts the part of salary that we spend and not the entire salary.

[@kamrankhan-qx3mw]

Eye opening video Akshat Sir ...😮 Please keep up the good work. You are doing all the Indians( especially Middle class ) a huge favour. Man your videos are getting better and better and you have already surpassed Ankur Warikoo !

[@akshats.247.]

ᴛʜᴀɴᴋs👆ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ☝️ғᴏʀ ᴍᴇɴᴛᴏʀsʜɪᴘ, ɪɴғᴏʀᴍᴀᴛɪᴏɴ ᴀɴᴅ ɢᴜɪᴅᴀɴᴄᴇs ᴡʜᴀsᴀᴘ ᴍᴇ ᴅɪʀᴇᴄᴛ

[@harshsharma-um4xv]

Akshat you've ignored the impact of COVID while calculating the difference in inflation and income increase. Income went down during COVID which would have increased and the % increase would have been 65% if you extrapolate the growth...

[@folake236]

Thank you for your comment• Be sure to contact the What'sap line above for more information and consultation on investment. I have a new investment I am sure you will like to be part of..

[@racharambola641]

Bhai take it easy 😂

[@akashsaikrishnna2327]

I feel the taxation is completely fine. If u work in a job u are taking less risk and you are only self centered about your family needs and wants. But a businessman risks his life to make money and provide employment, so for that risk they have relaxed taxation and they also provide lots of employment which increases the purchasing power in a country. And to all the other odds you have mentioned for people suffering in India - Don't ask what the country did for u , ask what u did for the country - Gandhi 🙏

[@rineshkumar9845]

I think You are satisfied with triple taxation policy then you should wait for tetra taxation policy

[@dhruba0211]

It's so convenient... Quoting Gandhi when it supports your argument.. at all other times...hail the capitalist ideology! Great going.👏👏

[@mitesh8utube]

I'd like to see some numbers. How much employment is generated versus how much less taxes are the corporates paying. Last time I checked, the corporates get multifold benefits compared to the miniscule employment they provide.

[@rahulanand5926]

"Risks his life" ?

[@theankurgautam]

That's your set of opinion and It should be respected too. While in my opinion if govt. puts lot of taxation on everyone, the economy won't grow at a pace rate. It's a vicious cycle. Less tax , more money , more purchasing power , it will further increase demand of goods , the companies will grow more , employment will further increase and hence more income. Or if you want to put heavy taxation there should be enough facilities like health , infra , less pollution , clean environment , top notch education , urbanisation. Which is all missing.

[@suchender801]

Is the GDP per capita at real or nominal? If it's real, wouldn't it have already accounted for inflation?

[@karanchanchlani6906]

Correct

[@twintalks1404]

8 yrs ago did we use to be so conscious, cautious & alert while criticizing Manmohan Singh Sahab?? This fact alone speaks volume! Baki aap sab log samajhdar hain hi😂

[@ashwinmishra456]

Akshat Sir building a strong manufacturing base in India is not just about jobs and wealth creation but it is about building engineers who can in future contribute to defence manufacturing in India. Defence firms require high quality mechanical, aeronautical and electronics engineers which can be sourced from manufacturing Indusries to built India's Military Industrial Complex. So that's the reason why the current government is pushing so hard to build India as a manufacturing hub so that they can use these resources to built India's Military Industrial Complex so that we are least dependent on Western & Russian companies for sourcing of our weapons in future. The most basic thing that a country like India needs to fight a two front war with China & Pakistan is indigenous defence manufacturing.

[@Ashish-sm8do]

Unemployed youth is busy saving culture by joining different dals and senas😐

[@folake236]

Thank you for your comment• Be sure to contact the What'sap line above for more information and consultation on investment. I have a new investment I am sure you will like to be part of.

[@blitz867]

Akshat amazing content bro I really appreciate your effort. Even in our country the tax system isn't uniform, many have a loop hole and who doesn't know loopholes get crushed under this.

[@Ranjith_747]

@Akshat ㊉①③①⑨⑧④⑨⑧⑦④⑤ whom are you trying to cheat you fake with your fake id.

[@jaimishra8111]

Hello Akshat! The whole video was very informative and eye opening, just one thing I noticed @ 8:00 I can't call someone poor or middle class who is getting more than 10 lakhs a year in the form of dividends (he must have a portfolio in crores), and if it's getting taxed once from the retail investor, I think it's ok.

[@AdvocateSharf]

Well Done Brother. Proud of U. Very neatly explained the problem in India. Hats off

[@Suraa_4032]

Hello! Dadabhai Naoroji of Modern India. these concepts are like you are selling old wine in new bottle. we need people of country to realize their potential. For every 10 years you get new generation to cheer and admire your knowledge. But all I can say is that you just started spark, their is long way to go. All the best!