Should you worry as coalition rule returns? Here is what India’s experiment tells us

Рет қаралды 141,426

Күн бұрын

#cuttheclutter
As the BJP failed to get a clear majority in Lok Sabha elections and prepares to form a coalition government with its NDA allies, there’s debate how this would affect the country. In episode 1464 of #CutTheClutter, Editor-in-chief Shekhar Gupta looks at how coalition governments have fared in India, hits and misses and what it means for the future.
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Пікірлер: 601

@ThePrintIndia 3 ай бұрын

Exclusive content, privileges & more - Subscribe to ThePrint for special benefits: theprint.in/subscribe/

@atulkulve2981 3 ай бұрын

If the GDP is so low then how am I getting an annual returns of about 20-35% in mutual funds and stocks isn't stock market is directly in correlation with GDP?

@nomulahemanth3109 3 ай бұрын

@@atulkulve2981The Print is Spreading FAKE Data,The Real GDP Growth Rates since 2014 as Per IMF are 7.4%,8.0%,8.3%,6.8%,6.3%,3.9% ,--5.8%, 9.7%, 7%, 8.2%. HENCE if you add all these & Divide it by 10(for 10 Modi Years) The AVERAGE Growth would be 6.0%, It's BASIC MATH

@nomulahemanth3109 3 ай бұрын

The Print is Spreading FAKE Data,The Real GDP Growth Rates since 2014 as Per IMF are 7.4%,8.0%,8.3%,6.8%,6.3%,3.9% ,--5.8%, 9.7%, 7%, 8.2%. HENCE if you add all these & Divide it by 10(for 10 Modi Years) The AVERAGE Growth would be 6.0%, It's BASIC MATH

@urrasscal8380 2 ай бұрын

@@atulkulve2981 don't listen to opposition parties specially congress they r the most sstupid political party of the wworld . If they had any idea about power politics they would had done popul. xchange during partition and would remain in the power atleast for next 1000 yrs coz majority of hhindu population r llibrandus & they would had voted for llibrandu parties like congress.

@804ashish 3 ай бұрын

Comparing this data with the global rate of growth during the same time period will give better insights.

@narenghosal1199 3 ай бұрын

Yes , valid point

@Pshaurk 3 ай бұрын

demographics and geopolitics would need to also be included. because currently both are favourable for india but were favourable to china before no thanks to any government.

@HalloweenJack_Work 3 ай бұрын

Not quite - highly developed economies grow at a much slower rate than developing ones - to give you an example, the US economy grows by 2-3% on a YOY basis.

@RajanRaj-po9xr 3 ай бұрын

Dhruv Rathi didn't make KZbin vedio related Kasmir after balakot air attack and 370 remove. He know that terrorism has reduced not only in % , but several times down. Why to help for unwanted person????😢

@nomulahemanth 3 ай бұрын

@jayantkoppikar6465 3 ай бұрын

1952-89 : Slow growth because of Nehruvian socialist and communist policies. 1991 + : growth because of forced reform with balance of payment crisis 1999-2008 + : Growth acceleration with higher growth across the world with world trade acceleration + Reforms from Vajapayee + UPA 1.0 2014 = 2 major shocks - demonetization + Covid. The bar charts abstracts out these nuances. Growth and coalition correlation is not causation.

@prasanthpeddaayyavarla3391 3 ай бұрын

Yours is the most sensible analysis including the video itself. One more factor to add here is how much could we have grown in in each of those times(potential)? One easy way to check is which major country had highest growth at that time? Last few decades it was obviously China. They shot up while we are celebrating 5.8%. We are the fastest growing now.

@greenrico10 3 ай бұрын

His argument was simply that the country can grow even under a coalition government . That there is no real reason to get into the specific. He was simply trying to counter people who have a blanket fear of coalitions

@azankhan88 3 ай бұрын

Always an excuse.

@ankushchoudhary4627 3 ай бұрын

How is demonetisation not a direct correlation।

@aakashsinha938 3 ай бұрын

Hahahahha; you missed 2008 - 2014,, why??

@chocolatemilkshake9168 3 ай бұрын

The best way for BJP to prove itself is the economy .... if they want majority in 2029.

@anirudhsharma2720 3 ай бұрын

Will uneduacted ppl of UP-Bihar ever understand? I am a UP wala btw, I think ppl don't even like the safety of their daughters and mother, all they like is their caste netas no matter what he/she do.

@laudalassan109 3 ай бұрын

My vote is always for BJP

@aakashsinha938 3 ай бұрын

@@anirudhsharma2720same; as a UP waala, fuck our casteist people

@amitsrivastava4539 3 ай бұрын

Good economy never translated to elections in India. It depends on how government uses the economic growth to show a direct benefit to people.

@AndyKatana 3 ай бұрын

Wish Economy wins you elections. Biggest infra push since 50s, single digit inflation despite global crisis, trippling of stock market, highest tax collection, growth numbers unmatched by any country despite global slowdown, IBC, most efficient PDS ever, startups, highest growth in non-public sector formal/informal jobs, resolutin to massive twin balancesheet issue and all of this while maintaining watertight fiscal amidst once in a lifetime event - covid. Compare these parameters with any of the previous govt, some got somethings better, but none got everything right.

@AjaySharma-me1sy 3 ай бұрын

The logic is very simple, if a majority party gets too secure and comfortable, their performance will go down. The government needs to be kept on its toes and the ministers should always be in the fear of being tossed out for underperformance.

@faisalmuneerone 3 ай бұрын

Best comment

@ownerspride8305 3 ай бұрын

In coalition you can’t do that. No one could fire poorly performing coalition weather vanes like Laloo Prasad Yadav and DMK ministers. But Modi has fired 25% of non performing ministers every 2 years. So your comment makes no sense.

@munmundey3768 2 ай бұрын

Hmm now everyone will get khata khata 1lkh

@anadasingh3456 2 ай бұрын

The problem Ajay, is that you not allowed to even know or debate what those problems are. Modi's party the RSS and the BJP so control Indian media that I doubt you can seriously tell me what where the issues preventing the BJP from getting a super majority.

@ameytiwari1247 2 ай бұрын

@@ownerspride8305 "Modi has fired 25% of non performing ministers every 2 years" do u have any source to back it up? Also, performance (execution) isn't that much of a problem as much as not have a dynamic feedback system. Coalitions are more open to in terms of their feedback system compared to majority/single party govts

@parvadhami980 3 ай бұрын

As poverty rate remained the same during Nehruvian era, "Inequality" was lesser Hence Nehruvian epoch is the best 😂

@abhinavdwivedi6869 3 ай бұрын

As per IMF 240 Millions have been lifted out of Poverty in last deacde, bring% down to mere 6% . You are inaccurate with data.

@parvadhami980 3 ай бұрын

@@abhinavdwivedi6869 bro didn't get the sarcasm

@aniketaggarwal1224 3 ай бұрын

@@parvadhami980 Sarcasm which affects large masses of our nation aren't allowed

@shyambajekal8084 3 ай бұрын

Yeah 😂😂😂

@arunkumarmondal6488 3 ай бұрын

@@aniketaggarwal1224damm you are melting faster than some western snowflakes

@ihskask 3 ай бұрын

I love how Data oriented and non partisan your content is Shekhar ji, it’s so refreshing. Thank you!

@sarabjits7679 3 ай бұрын

Sheila Dixit is perfect example of managing upa and nda govts and taking delhi to a new high. In the end , it is the person at head.

@lakshyavarshney9942 2 ай бұрын

What high still those horrible slums exist I hv seen open defaction in main city area of Delhi wasn't there post 2015

@amritpalsingh3293 3 ай бұрын

Sir, pls do compare the avg inflation rate(consumer price index) during all the eras.

@sunandabhassin1361 3 ай бұрын

Time will tell what kind of coalition this is

@shreenathjraman3619 3 ай бұрын

Whoa said something super insightful there

@RajanRaj-po9xr 3 ай бұрын

@darkarpit 3 ай бұрын

@@RajanRaj-po9xrDhruv Rathee played his part 😂

@TrendSuresh 3 ай бұрын

Not for minorities but for whole Indians for sure

@shivamsaurav9372 3 ай бұрын

if that's the case then why were we in fragile five before mudi got majority 😂

@AnuragSinha7 3 ай бұрын

India was fragile five because of coalition government and we are being told that coalition governments are efficient :D :D

@indrutamilkavi 2 ай бұрын

@AnuragSinha7 - Because indian union is a coalition. Each state will have a say and better for union.

@SG029 3 ай бұрын

Shekhar ji you should have also covered the corruptions that took place during UPA govt, for which many people blame the compromising nature of coalitions.

@rajx7120 3 ай бұрын

We should also look at inflation. Under a BJP govt, growth is a bit less, but inflation is even less. Growth under Vajpayee and Modi, was mainly due to govt investment, while consumption was less. A subsequent Congress govt pumps money after BJP's reforms, which gives higher growth due to consumption, but soon is overshadowed by much higher inflation, which topples them.

@devapala879 2 ай бұрын

So BJP is indeed what Arun Shourie called it: "Congress + Cow"

@bugged1212 3 ай бұрын

What you forget is that coalitions have never been able to take longer term decisions including stuff like GST and other structural changes and infrastructure . The real results of the a peaceful non coalition era will be coming in the next 10-20 years as we reap those longer term changes.

@kumar.193 3 ай бұрын

So, none of the reforms that are done in the past year we are reaping any benefits is it.

@berserkhorimiya 3 ай бұрын

@@kumar.193 You are, they just aren't clear yet. The GST bill has massively improved inter-state commerce, and is a factor at containing inflation below 6% (unlike UPA era) despite massive fuel price divergences

@aniketaggarwal1224 3 ай бұрын

@@berserkhorimiya SG never talked about Inflation conveniently

@prabhavsidhaye5518 3 ай бұрын

FYI the 1991 reforms were not brought by majority government

@Rbabukamalak 3 ай бұрын

I would rather call the current 2024 NDA alliance as BJP+ . Essentially it will be same as 2019 BJP with some new additions

@sanjayapradhan2445 3 ай бұрын

Sir, GDP is not directly proportional to coalition or majority. There are events like 2K, 2008 issue and Pandemic need to consider .. it’s not linear

@user-ej8mi8ef4g 3 ай бұрын

Not fair to compare the growth rate of the 10 year Modi government with the earlier periods. This one is much too short to compare against the earlier much longer periods. Then we have to check what was the growth rate at the time Modi took over.

@mandarrock9759 3 ай бұрын

The law of average, the world was clocking avg growth rate north of 4% and India was growing at around 7% alpha was 3% while post-average world growth is 2.5% and India is clocking above 7.5% the alpha is 5%. It is easy to grow when the world is booming it is difficult to maintain when the world is in turmoil. Covid was followed by the Russia-Ukraine war which is followed was Israel-Hamas war engulfing the entire middle-east yet delivering 8%+ is mindboggling.

@brar1320 3 ай бұрын

By the same logic 2008-2011, all world economy was in shambles.

@arunsar7893 3 ай бұрын

@@brar1320 And Indian economy deteriorated after 2011 and India came to be known as one of the "Fragile Five". What was the infaltion from 2011 to 2014? The growth from 2004 to 2008 started from 2002 and it was primarily a result of Vajpayee reforms.

@aniketaggarwal1224 3 ай бұрын

@@brar1320 But Fir khali Growth rate kyu? Inflation bhi toh dekho na Upa times mein aur abh mein?

@ihtnarkkranthi 3 ай бұрын

My personal feeling is.. In a country like india DELIBERATION and CONSENSUS building is the key to bolder reforms.. U can't jus shove down the throat something that some section of people felt is good.. Because in a country like india be it any decision.. Even though looking obviously good and needed will have some negative impact on some stakeholder. So deliberation and consensus buding is key and this is more possible or let's say inescapable in coalition. Point in case. Farms laws good bill theoretically but no consensus building lead to it's downfall.. It's a complete mismanagement and pure arrogance by BJP.. Could have handled batter.. Now they did more damage to reform mvt in agri can before because of this unwarranted and haste process Only uncontested reform ( nation wide impact, so not mentioning art370) was a success oy because its consensus built with states. And other good example of BJP misusing it's political capital unnecessary is demonetisation.. It's a pure unilateral decision which send india 3,4 yrs back in many sectors.. It jus stopped the momentum altogether.. A decision of pure arrogance and high ignorance. Whether majority or minority govt.. Deliberation and taking all stakeholders on board is the key to bold reforms... I get it it's super hard.. As everyone want status quo.. But that's how democracies work.. Slow and stable change is only everlasting.. Hope nda now learns it.

@vabhdman 3 ай бұрын

I completely disagree. In a country like India, the only way to do any reform is to shove it down people's throat or it will have to be shoved down when we would have no option left. By slow and steady if you mean India loosing on every major industrial breakthrough for the past 70 years and now would be on track to loose again for the next 70 years than its fine. At the end of the day we can just agree than this is what India's identity will remain, a developing country that just stays like that. And this is what the Indian voter has chosen for the past 70 years and will keep choosing for the next 70 as well.

@greenrico10 3 ай бұрын

@@vabhdman what if the thing that is shoved down our throat is dogshit like demonetization?

@may4u310 3 ай бұрын

What about new pension scheme which was brought 20 years back with coalition concensus and now state after state its back to OPS.

@vabhdman 3 ай бұрын

@@greenrico10 You take a big swing, sometimes you hit a six , other times you get out. But I would rather have someone who takes those big swings and if it means we get some stupid decision, you look back realise the mistake and try to take some other swings next. But I'm clearly in the minority here, and as a democracy you have to accept the voters will.

@Iammeaayush 3 ай бұрын

@@greenrico10 it wasn't bad at all if it was able to achieve its intended purpose... the demonetization failing just shows how rotten our system is... everyone from common business owner to high bureaucrats all are corrupt.. no one public or government is clean

@saureld2229 3 ай бұрын

The Parliament will be functional after a long time, BJP has been weak in messaging or they did not bother with it when they had absolute majority, they steamrolled policies which are good reforms but led to protests over bills like farm laws and agniveer now at least the messaging will be there as to why it's required.

@Myanmartiger921 3 ай бұрын

Agree Bihar bengal model of development will happen.bihar superpower vs somalia superpower

@venusteam001 3 ай бұрын

Farm laws like ..subsidy on Fertilizers and MSP prices for blinkit tataconsum and other online deliveries are good

@venusteam001 3 ай бұрын

Agniveer can be good for the soldiers to retire early with their first job. But pensions should be negotiated. It makes the army move stronger and confident. The Countries defense will be much stronger.

@Rising._.Thunder 3 ай бұрын

Oh come on. We have enough of unemployed youth to work as soldiers because for them, the alternative is much worse (not having a job)@venusteam001 just look at the crowds at any agniveer recruitment rally and you will know the answer.

@sayandeepkundu9354 3 ай бұрын

exactly

@yogeshlthakur1606 2 ай бұрын

To be fair, PM Modi inherited a very fragile economy with PSU banks almost at zero net worth. Tough reforms result in low growth in short term, but benefits happen later. Modiji had the courage to take the tough decisions and we will see the gains coming in future. Had covid not happened, the growth graph would look very different.

@shivamsaurav9372 3 ай бұрын

I don't know if you know or not what's the relationship between double digit inflation induced growth is or NPA sheets and 'capital adequacy of banks' role in growth in the coalition period is...but I expected you to know and discuss about them.

@BharatThatIsIndia 3 ай бұрын

24:25 Shekhar Ji I am from Chapara After my village, two rivers (Ghaghra and Ganga) and Balia start. Chandrshekhar was ridiculed in my area even in 2004 for "selling" India gold. I later understood how important that decision was. But This is how the narrative is set. BJP and Congress both set the narrative against Chandrashekhar, which still persists.

@Seriouslyfunny1 3 ай бұрын

Judicial reforms were first envisaged in 1970s. They have repeatedly been highlighted over the next 50 years. All states and opposition had joined in on the NJAC reforms but was turned down by the court. There needs to be a judicial reform quickly. Otherwise our economy won't be attractive for foreign investments and domestic industrial growth. No one wants to put their money in a country where God forbid if you get drawn in a case, you'll have to wait for decades.

@umapriyadarsi 3 ай бұрын

I think opening up of Indian markets in 1991, global growth rates until 2008 are the real reasons for higher growth rate during the coalition era due to happenstance and do not indicate any correlation.

@bolonabolona 3 ай бұрын

You forgot to include the major world event between 1991 to 2014. End of the cold world, emerging of a uni polar world. Loosening of world trade as a whole..

@20thCentury_Turtle 2 ай бұрын

Yup, and now the 30 year peace dividend has come to an end, it lasted from 1991 to 2021 and was marked by the US withdrawal from Afghanistan and the 2022 invasion of Ukraine. These two events show a decline in American unipolarity and the limits of their influence. I would even argue that the Americans have fallen like the Soviets had, they are politically divided and increasingly unable to defend their allies (Taiwan is getting harassed, Ukraine has been invaded and Afghanistan is all but lost to them), there is a lot more pain coming there way. I don't know if they will fall like the soviets did 30 years ago, all I know is there era is over.

@rajx7120 3 ай бұрын

Don't blame demonetization alone for breaking momentum. Raghuram Rajan put a break on bank lending, due to the NPAs, by putting banks on Prompt Corrective Action. I must add Rajan didn't cause the NPAs, but Chidambaram et al did. How can companies grow, if they don't have credit? Also, the ILFS crash broke the NBFC sector which affected loans for consumer spending especially in automobiles. Prof Ila Patnaik had written on this.

@RRDARGAD 2 ай бұрын

Loans were given in UPA era when growth had peaked. They would not have become NPAs if economy had continued to grow at 8% as in 2019-11. Policy paralysis caused by 2G propaganda followed by other mishaps changed the scenario.

@kuldeepkumarbhat9648 3 ай бұрын

Narsimha Rao, And Vajpayee only had the guts to go in for full throat reforms. All others did whatever they did, all by default.

@ashishjoshi4061 2 ай бұрын

Coalition government has always proven to be more helpful in India.

@caterpillarmud126 3 ай бұрын

How can you compare 10 years with 32 years and 25 years. Probably it gives an illusion that coalition government may perform well, which we will see but today’s era is different & we need stable government be it majority or coalition

@pulipakasrikiran9307 3 ай бұрын

You know there is. Term called average

@hrpaasbaan 3 ай бұрын

Listen to the whole thing before commenting. Listen to facts.

@caterpillarmud126 3 ай бұрын

@@pulipakasrikiran9307 If you hold power for a longer period, whether through a coalition or a majority, you can absorb instability, war, or economic turmoil during that time. It would be unfair to compare Modi's 10 years in power, as the effects of COVID-19 impacted the economy for more than 3 years, and in some industries, even longer.

@aniketaggarwal1224 3 ай бұрын

@@pulipakasrikiran9307 Can you compare a data over 1 year with data over 5 years? Use your brain? One big outlier event in smaller period will make it much different than what it will look like in a longer period.

@shyambajekal8084 3 ай бұрын

'Peddling!!' Very good Shekharji.👏👏👏 The most appropriate word for those agencies who don't know anything about our country and love to sermonise to us.👍

@soodabhi 2 ай бұрын

The last 30 seconds tell you how the media has removed PV Narasimaha Rao from public memory.

@iArpanMishra 3 ай бұрын

I was sceptical after the results but this renewed my spirits and changed my perspective! Thank you for reminding me that my favourite PM was running a minority government! Thank you, SG

@aniketaggarwal1224 3 ай бұрын

Who else scam boy Manmohan hi hoga 😂😂😂

@rtadpp 3 ай бұрын

Sekhar, It was Monmohan ji, as FM and PM Narashima ji within those era that we are standing somewhere today. Had, Narashima was there, to start 10 years earlier, we could have been where China is now.

@aniketaggarwal1224 3 ай бұрын

We missed the train there

@anandnaama 3 ай бұрын

Godi pandits never told Bhakts that it was only during coalition governments India witnessed some of the most bold reforms and, of course, broad based growth. In such a diverse country like India, no government at centre should be so powerful to become deaf to people's everyday concerns. In Ram's India, ahankar nahi chalta, Shekhar ji.

@shivamsaurav9372 3 ай бұрын

if that's the case then why were we in fragile five before mudi got majority 😂

@suparnamaity284 3 ай бұрын

Major decisions = triple talaq ban, article 370, caa, nrc, ucc.........

@desidonusa 3 ай бұрын

@anandaama, Please provide only 3 concrete examples, about collision gov. so called "bold reforms" mind you economy is a continuous process regardless of government, The biggest reform of1991 was forced upon by IMF after India had to mortgage their Gold. Genuinely wants to know.

@aakashsinha938 3 ай бұрын

Do you love your caste so much you don't care about your country?

@aakashsinha938 3 ай бұрын

Ps: Dhruv rathee, ravish are actual propagandist. But I guess you were too young to remember life before 2014

@ANG53066 3 ай бұрын

Now we fear coalition politics ( hard bargains, aspirations)not necessarily coalition govt...

@RahulKumar-lg8vj 3 ай бұрын

Growth from 2002 to 2008 was fuelled by global economic boom,and thereafter by deficit financing till 2013.Shouldn't you have said that?

@eVG00001 3 ай бұрын

do analysis based on congress vs non congress. BJP worked for core correction and congress worked for damaging core

@atokimruk937 3 ай бұрын

Coalitions are inherently weak so the question is how weak is this coalition. One advantage is that here, the BJP has 240 MPs while previous coalitions had much lower numbers with the major player. None the less, coalitions eventually disintegrate. If this one lasts 2 years it will be considered good. Frankly it is good to have an election after 2 years. But that would be good only if the outcome will be a decisive majority for one party.

@parvadhami980 3 ай бұрын

Elections are an expensive and exhaustive Affair. Hope the alliance lasts for full term

@DataCrusade1999 3 ай бұрын

This guy is a bhakt he thinks Indian history started from 2014.

@marcos-1210 3 ай бұрын

@@DataCrusade1999 Chamche bhakts know the India's Political history from the 90's he is just a random Nigga

@desigulal 3 ай бұрын

Oh yeah the pathetic congress wouldn't even get to 150. So it was always a kichdee of corrupt families.ftom different states

@ownerspride8305 3 ай бұрын

@@DataCrusade1999nonsensical comments like this is why Indian politics sucks. Waitress worshipping slaves just use that word and think they won the argument. While sniffing the shoes of the waitress and the family.

@yoooo9422 3 ай бұрын

Saving economy from default isn't an achivement they allowed this situation to happen

@thecomment9489 3 ай бұрын

True.

@mayankmman 3 ай бұрын

We're discounting the covid period in 2014-2024 era which reduces growth average significantly. You might say we had 2008 financial crash, but then pre 2008 crash we had a huge economic bubble where we saw more than expected growth. Plus in 1991 we had economy opening up which spiked the growth in all sectors.

@autarkhazanchi5948 3 ай бұрын

Mr.Shekher, The growth by itself cannot be evaluated,unless compared with global economy.Then clearer position will emerge

@munmundey3768 2 ай бұрын

Maza aayega how Modi will now keep NDA and people of this country happy at the same time and stand strong when it comes to foreign affairs.. Happy for People of India.. Finally they made the right choice for themselves 😆

@prateekgoyal2125 3 ай бұрын

Comparing 42 years 25 years and 10 years…Liberals 😂😂😂😂

@user-vu9qj7rk3k 2 ай бұрын

This edition is giving good insights. But please prepare the sane comparison in 4 parts. 47-89, 89-2004, 2004-2014 & 2014-2023. Also compare the same with international average figures. I think this may give more meaningful insights.

@desidonusa 3 ай бұрын

@ranjitkm6309 3 ай бұрын

Mr. Modi is humbled by a section of Dalit, OBC and Kshatriya voters in the misconception that RG will deliver more but a survey conducted today will find the regret they would be carrying for voting in that manner. Time for some grand gesture to Dalits in scale of ram mandir. Time for reforms related to salary structure so that any unorganised sector can be covered under ESI if not PF. Self filling options without the need of consultants will encourage micro businesses to enrol their recruits. Incentives for businesses related to employee strength, particularly unskilled , partly educated employees will spur employment generation. Easier norm to convert farm land to industry land for non-polluting, non-hazardous industries. Highly subsidised electrical connections to converted lands or loan type rebate for new connections over 5-10 years. Finally a roadmap for business and politics, the mistake we all deed was to mix both of them, therefore the lesson is that very strong dose of propaganda with freebies is the key for electioneering along with micro-management of candidate selection and micro-management of public feedback system. Dot alliance’s performance was fluke which make them happy because they can breathe till the next fight.

@randomstranger7989 3 ай бұрын

19:45 SG, have reported this in past as well and you seem to not correct yourself. "Ease of mining" is not a reform or achievement of any govt, clearances by environment ministry should be preceded by proper Environmental Impact Assessment (EIA) and ecological considerations. Wildlife and forests are not resources, they are our treasure.

@may4u310 3 ай бұрын

Everything I mean everything has an impact of environment, so let's stop everything like in lockdown times.

@randomstranger7989 3 ай бұрын

@@may4u310 sustainable development exists

@may4u310 3 ай бұрын

@@randomstranger7989 really ? In which country?

@randomstranger7989 3 ай бұрын

@@may4u310 why go outside country. Check how NH44 has been constructed inside Pench national park with so many underpasses for wildlife

@raveendugal1619 3 ай бұрын

Brilliantly compiled!!👏👏

@indrajitsahu5006 3 ай бұрын

GST slowed down the economy and then came COVID. Even after that a CAGR of 5.1% is excellent. No doubt that without COVID and GST introduction it could have been north of 6%.

@joelshiv4954 3 ай бұрын

Excellent analysis. One without narratives . Clean edit. We love this kind of work SG. Kudos to you and your team.

@joelshiv4954 2 ай бұрын

Thank you.

@DoctorMalhar 3 ай бұрын

The first coalition period saw liberalisation of economy maybe that accounts for the extra boost. Should be taken into consideration.

@lakshyavarshney9942 3 ай бұрын

Lpg was carried out in an unaesthetic and an unplanned manner it increased inequalities

@rudranathmandal9309 Ай бұрын

Here are the compounded annual growth rates (CAGR) for India's GDP during the specified periods: 1. 1952-1989 (Pre-liberalization era): - CAGR: 4.1% - Starting GDP (1952): ₹1,51,000 crores (approximately $21.5 billion USD) - Ending GDP (1989): ₹5,58,000 crores (approximately $125 billion USD) 2. 1989-2014 (Post-liberalization era): - CAGR: 6.8% - Starting GDP (1989): ₹5,58,000 crores (approximately $125 billion USD) - Ending GDP (2014): ₹105,39,000 crores (approximately $1.73 trillion USD) 3. 2014-2024 (Current era): - CAGR (2014-2024): 7.5% (estimated) - Starting GDP (2014): ₹105,39,000 crores (approximately $1.73 trillion USD) - Ending GDP (2024): ₹242,55,000 crores (approximately $3.25 trillion USD) Note: The CAGR calculations are based on the GDP data from the Reserve Bank of India, Ministry of Statistics and Programme Implementation, and International Monetary Fund. Compounded annual growth rate (CAGR) is a useful measure to understand the growth rate of India's GDP over a period of time, taking into account the compounding effect of growth from year to year.

@parvadhami980 3 ай бұрын

UPA-1 > NDA-2 > NDA-1 > UPA-2 In terms of Macroeconomics

@sg042 3 ай бұрын

UPA1 credit should be given to Atal Ji, benefits of infrastructure spending takes some years

@parvadhami980 3 ай бұрын

@hj2711 for clarification here NDA 1 represents Modi Govt and not the First NDA Government under ABV

@aniketaggarwal1224 3 ай бұрын

Inflation bhi check karo first

@lakshyavarshney9942 3 ай бұрын

No cong only gave us forced poverty and unaesthetic materialism

@lakshyavarshney9942 3 ай бұрын

No way was any cong govt better than modi I have seen open Defacation in main city area of Delhi wasn't there post 2015 slumdog millionaire and all of that was our reality r u mad ?

@jinxkhoche 3 ай бұрын

Hi Shekhar ji, surely you cannot ignore the larger geopolitics of the eras when comparing performance of coalition v/s non coalition? Eg. Impact of oil embargo after the yom kippur war etc. the late 90s to 2008 also marked an era of relative stability, seems correlated with higher growth rate. In comparison, today the world outlook is quite uncertain, which is bound to affect the growth rate.

@aniketaggarwal1224 3 ай бұрын

But Ind still growing at 8%

@aniketaggarwal1224 3 ай бұрын

Demonetization was to stop fake currency from Pakistan. Pakistan is shattered today. Therefore Demonetization has reaped rewards.

@aniketaggarwal1224 3 ай бұрын

Inflation ko kyo bhool jaate ho tumh log 😂

@ayush_dwr12 3 ай бұрын

One big issue with the data analysis, you should include data for each year in the chart, and then color/group sections based on coalition or stable govt. That will provide a better picture of the trends going into each type of regime. other than that good perspective 👍

@rijzone 3 ай бұрын

I think a majority government led by Rahul Gandhi would be far worse than Modi's majority. This is why I support him because I know he will never be able to get a majority on his own. All the success stories of the world, be it Taiwan, South Korea or Israel show us if the institutions are strong enough, weak government and messy politics lead to better growth,counter-intuitively.

@rishabgarg4233 3 ай бұрын

Presumption is the word Mr. Gupta

@jda7499 3 ай бұрын

1992 to 2014 the entire world was in a major growth phase with no major world issues. Modi ji stability from 2014 at 5.1% is super commendable. Hoping for steady strong Modi 3.0

@sudip_curiousmind 3 ай бұрын

Good analysis by Shekhar but one thing that I caught and really don't agree with is that "NDA inherited a strong economy from UPA 2" infact growth had sputtered and India became part of the fragile 5 economies.

@technodestination4763 3 ай бұрын

What creates huge discrepancy in Comparison of Figures... The Global Growth Rate of Time + Base Effect - Smaller base amount is easier to grow - Same is true for GDP

@somensa 3 ай бұрын

Excellent analysis with different data points about coalition govt. Kudos to Sekharji and 'The Print' team . ❤

@vivekanandholla6730 3 ай бұрын

We need to see and hear the murmurs of what is happening already. Calls to scrap Agniveer. Will Farm laws come back which it was possible for a more assured government. Will labour reforms continue which is a must for further development of the startup environment. Further modification of tax for both corporate and the individual, will it happen ? Our age dividend will not last forever. We need faster implementation of reforms and will that be affected is a worry. Thank you for the video and statistics

@hindurashtra63 3 ай бұрын

Modi - Visionary who develoepd Gujarat from 3% GDP to 15% GDP in just 15 years CB Naudi - Mastermind behind Rise of India's most modern city - Hyderabad in just 20 years Now these 2 Pro Development Leaders are Togeher in the same Alliance Party. Imagine the Rapid Pace of Development, Infrastructure and Modernization that India will recieve in the next 5 years. Get ready, India is on its way to becoming like Singapore !!!

@writedeepblue 3 ай бұрын

We are a poor country. When will these improve? Average monthly earnings in India (2022): Self-employed: Rs 11,973 Regular employee: Rs 19,010 Casual worker: Rs 8,267 From India Employment Report 2024 by International Labour Organization.

@TheDigitalGuru430 3 ай бұрын

The difference this time is that the leader is maglomaniac who wants to call all the shorts. He is strong headed while the previous co-alition leaders were not considered larger than lives and saviours.

@golamsarowar6 3 ай бұрын

I am sure Mr Gupta is very unhappy with these results but this is a great result for Indian people ....

@ankitrajput-sk1qt 3 ай бұрын

Kindly also compare performance of indian economy with other major economies in different eras you will get true picture.

@georgeabraham5672 3 ай бұрын

Bottom line.. Modis 10 years we did badly compared to earlier government

@AlanHuntington101 3 ай бұрын

Modi has thoroughly outmaneuvered all of you. His was a true masterclass; he meticulously orchestrated the entire affair, securing his position as Prime Minister once more. Literally gave the middle finger to all. He is a good dictator India needs.

@shiva221B 3 ай бұрын

The 1991 saw liberalisation of the economy, we would have to take that into account

@aniketaggarwal1224 3 ай бұрын

And it was forced It would have been better if that step would have been taken in Nehru's time only

@LivingStories-fd5gc 3 ай бұрын

Now this government won't be compared to Indira Gandhi's government

@sayantan19911 3 ай бұрын

SG is providing self contradictory analysis. On the one hand he is referring to the first stable epoch with Nehruvian socialism and on the other hand he is comparing it to Modi era of right wing economy. That too lasted merely 10 years. Definitely if we would have a more capitalistic approach after independence, the picture would have been much different.

@bolonabolona 3 ай бұрын

Q: What will you call BJP's full majority for the last 10 years? A: lost opportunity

@may4u310 3 ай бұрын

It's was only in lower house not in upper house.

@A4Aqua 3 ай бұрын

It was a great opportunity and was well utilised by cronies

@parvadhami980 3 ай бұрын

@@may4u310 it's incredibly rare to have majority in the Rajya Sabha as states donot always vote for the BJP

@rajx7120 3 ай бұрын

Economy is actually recovering. Private sector has cleared all it's old debts, and taking new debt for investment. Bank NPAs are lowest ever. Infrastructure is best ever. The foundation has been made strong in the last 10 years.

@aniketaggarwal1224 3 ай бұрын

Please tell me the Inflation data too 😂

@RRDARGAD 2 ай бұрын

Shekhar is right that coalitions have not hurt growth in India especially if we check during last 30 years which is more relevant. Moreover note this- India being a developing country, its growth in each decade is required to be better than previous one till it reaches double digit. This has largely happened except in seventies ( Bangla war & Janata Party period) & Modi decade. 4% growth in Nehru era looks low now but it was a fantastic improvement over 1% in British era. Each regime should be compared with its predecessor & successor & contemporaries. During Covid year Bangla & China grew at +4%, Pakistan at -1%, India at -6%.

@karthikpandirla807 3 ай бұрын

Sir but before 1989 the base is very low, hence the growth rate is very high contrary to post 2014

@MuskanYadav-ll6ig 3 ай бұрын

I respect sir and his efforts to bring out the authentic data and knowledge around the issues. i would just like to give a small suggestion, these type of videos with large content and data compressed in around 25-20 minutes become monotonous and it is difficult to retain all that information in a go, i suggest to make videos more creative by adding animations and keep the audience hooked on the topic. My apologies if it hurts sentiments of any🙏

@hirenbafna 2 ай бұрын

No doubt the data says many things. The PM ship of PVNR & ABV did the initial heavy lifting. Also we should remember that by 1996 PVNR had a simple majority in the house it was thru merger & acquisitions check the records. We had shameful incidents of JMM bribery case & Bangare Laxman cases. Even in UPA there was Coal, 2G etc. It's clear with 240 seats there will be only BKP led government & no other. So be it. Why worry, if they have to come back then they have to perform & reform. But yes it's just too much to really understand in 1989 JD had 143 seats still they lasted 11 months & With 182 numbers ABV lasted 6 years from 1998-2004. During UPA1 INC had 145 seats & they ruled for full 5 years. How was this achieved? This needs to be understood.

@sarabjits7679 3 ай бұрын

Perfect ctc : Indians have seen 10 years of strong majority govt and are therefore finding it difficult to digest a coalition. I wish that govt takes course correction on small business / traders : too many compliances , returns , visits to CA office . We are always bogged down with govt regulations.

@thecomment9489 3 ай бұрын

Yes strong central government doesn't mean they can't take inputs from all the stakeholders. Many people incorrectly believe that China is a strong one-man show state and nothing can be farther from the truth. The Chinese central government takes inputs from it's civil society as well but the final decision is taken by the central government which is based on meritocracy. Just because Indian mindset is more prone to turning dictatorial when in absolute majority doesn't mean strong central governments are bad.

@ganeshj3710 3 ай бұрын

Narendra's achievement of house for ram lalla after 500 years, statue of unity the world most sought after tourist destination, vande barath express connecting people, statue of valour, statue of equality, statue of Lord Hanuman in Morbi, Gujarat

@consultanushka 2 ай бұрын

Talk secularism, danger to constitution/democracy, lack of job creation and field Hindu/Dalit candidates seems to be way forward for the opposition.

@kailashsingh7169 2 ай бұрын

1 lakh free to all so called poor females head...free electricity and transport..old pension scheme agniveer etc..policies that will destroy the country in long term

@LordNest66 3 ай бұрын

There are 4 epochs: 1st pre 1989, 2nd INC led coalition, 3rd NDA, 4th BJP. 3rd NDA and 4th BJP are on top.

@wokeymcwokeface1974 3 ай бұрын

Presumption is a good translation!

@rupeshtashildar 3 ай бұрын

I voted congress not because I believe they are better than bjp but only because how bjp has been acting, imprisoning oppositon mps, freezing their funds, almost succeded in disqualifying rahul gandhi, my vote was not won by congress but lost by BJP

@rshah84 3 ай бұрын

how many gaps i can identify with the economic data.

@chhaganlal9548 2 ай бұрын

All the good data from coalition period is because of one single biggest event , that is Liberalization. And that happened because India went on brink of bankruptcy, not because it was a coalition government.

@unhinged791 3 ай бұрын

Such simplistic argument. The starting point of macro parameters is important. UPA 1 received great macro data from Vajpayee whereas Modi 1 received Fragile 5 macros from UPA 2. Flawed logic to the extreme. No knowledge of Economics shows in this video. Suggest shekhar to only take subjects on which he has some mastery

@peterkaul 3 ай бұрын

Shekhar ji, Namashkar !! Brilliant as you are and considering that, you not only have to live among the current reality but thrive as a leading journalist and take Print forward, I also wish to add to what you narrated in this episode. All your data must be true to the point. However your analysis of that data was cleverly missing. I wish to add for the readers that it takes at least 5 to 10 years for the results of certain decisions taken by a government to show up. The translation of the good work done takes time to have its affect. Most coalition governments reaped the benefits of majority governments before them and vice versa. Only a very careful and detailed analysis can bring about the Right credits/discredits about a certain government. The data can otherwise be misleading. I know for a larger good you sit the talk very carefully. I admire you for being a very responsible journalist. Jai Ho !!

@piyalisadhukhan1266 3 ай бұрын

Socialism never ends poverty or inequality. Free money creates inflation that's basic economics and many sentiments would be hurt but it's the truth.

@admiralrohan 3 ай бұрын

What is the chance of BJP winning majority in by-election if the coalition govt falls like in 1999? No one is talking about this question. This will determine how much BJP will concede to the demands of the allies.

@user-mm4di6zv2p 3 ай бұрын

From an investor's point of view, prudent investment takes place during coalition Govt while trading and speculation can go wrong during absolute majority Govt.

@prakhartripathi8465 3 ай бұрын

In short, all PM of India have worked for welfare of India with all their heart's and mind's.

@jambunathannarayanan8415 3 ай бұрын

In the aggregate many things will look good but some issues need to be pointed out. Mr Chidambaram's dream budget later turned out to be a nightmare. The expenditure thru salaries & pensions went thru the roof because of CPI. Banks were in bad shape and Mr Jaswant Sinha did a lot to bring them back to good health.