‘There’s a fear in India that if it opens up, imports will flood in. But they are coming anyway’

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ThePrint

ThePrint

Күн бұрын

Пікірлер: 58
@intebuddy
@intebuddy 4 сағат бұрын
Wow, now I feel proud of Indian media , you people got Trinh Nguyen for interview.
@mok-f3u
@mok-f3u Сағат бұрын
She very impressive, why are we not hiring people like this
@Apache1970
@Apache1970 48 минут бұрын
When you have only 4% of population earning enough to be income tax payers, then the quality of politicians is only that much.
@prashanthb6521
@prashanthb6521 Сағат бұрын
What an intelligent lady. Thanks to Senior Economist Trinh Nguyen for telling truths about India. We have a long way to go.
@kbmehta4208
@kbmehta4208 4 сағат бұрын
Trinh has exceptional insight into India and that is quite evident even in minutes 3-4 of the video. If the Indian government just pays attention to that it could come up with a serious tailor made policy on trade and manufacturing to address the obstacles that exist in the ways of trade deficit, employment and poverty in India. X
@balajichandramouli5451
@balajichandramouli5451 2 сағат бұрын
I'm so happy that ThePrint got Trinh Nyuyen for a discussion. She's always insightful, articulate and brings out a wholesome vibe as she declutters complex, multifaceted issues in economics and public policy. I hope you bring her on regularly! Thank you.
@rahulchahal3824
@rahulchahal3824 4 сағат бұрын
Trinh Nguyen is so well researched and her views are so well thought out. India needs to become a much cleaner and organized nation in so many ways. I don’t understand why air, rivers, streets are so dirty and getting worse.
@rationaloperator4165
@rationaloperator4165 3 сағат бұрын
Issue is our capital is freaking Delhi, which is perhaps the worst capital of any country in the entire world. We need to move the capital to Maharashtra, there are several cities better.
@rahulchahal3824
@rahulchahal3824 2 сағат бұрын
There is a game played where the objective is to find any clean street in India. I’ve visited so many places in India and almost every place is filthy.
@counterpoint9260
@counterpoint9260 Сағат бұрын
@@rationaloperator4165 idiort, just moving capital doesnt solve issues
@Little-bird-told-me
@Little-bird-told-me Сағат бұрын
What she said is right, sign RCEP or don't sign, import are still growing in India. Issue as she rightly pointed out is no priority focus on sectors. Imagine if India makes textile sector textile Tax free, provides them with with free electricity, they can employee huge labour force especially woman
@atherzaidi5871
@atherzaidi5871 32 минут бұрын
Yes but if you give subsidy to textile sector, will the shoe sector not demand it, will leather sector not demand it where do you stop? State will end up subsidizing all industry, and to generate that subsidy it will tax the citizens. Already tax from individuals has exceeded corporate tax in India. What you are suggesting is further reduction in the taxes for corporates.
@surfspark
@surfspark 4 минут бұрын
​@@atherzaidi5871you forgot about wto backlash.
@Little-bird-told-me
@Little-bird-told-me Минут бұрын
@@atherzaidi5871 I am suggesting a reallocation of current resource. Shoe sector is not priority sector because India is not a major exporter of shoes however India is a major exporter of textile and with Bangladesh facing political turmoil India can further cement this position. That's why she said *prioritize* . Imo Corporate Tax should be increased especially for companies bigger than 5 lac crore market cap. Personal tax should be reduced 20% max. Rich anyways don't pay tax in salary income, For eg. Mukesh Ambani salary is a mere 14 crore per annum because, all their wealth is held in stocks.
@alphabetagamma12
@alphabetagamma12 Сағат бұрын
Well done, if the Indian government has any sense they will listen to her.
@siewkongchin4603
@siewkongchin4603 4 сағат бұрын
So intelligent and articulate young lady. Congratulations for a great discourse on the topic
@robinsonfrancis1498
@robinsonfrancis1498 Сағат бұрын
Can any Indian politician listen this video in entirety and understand it? I doubt it, that's the problem with India, a clueless political class that grew on the backs of poor Indians of the yesteryears are still slowing India down.
@highpeaks3598
@highpeaks3598 Сағат бұрын
The audio is poor. Uncle needed to put on a headset.
@francisiiman9932
@francisiiman9932 Сағат бұрын
I fully understand all India friends are trying hard to find a way to make India great. However, with all due respects, I hate to say that all the talks the lady given is the past, not the future. India has to discover a new path to move forward to succeed. This moment is the dawn of AI and Robots era.!!!!! I can not stress enough to point out it. AI and Robots! AI and Robots!
@MidTownHomie
@MidTownHomie Сағат бұрын
Very true India has missed the bus to become a mass manufacturing hub , least it can do is start somewhere now rather than just importing
@jackWAYS
@jackWAYS 41 минут бұрын
Discussion was quite good. Earlier I used to think that semiconductor manufacturing should be our top priority. Well that should be there. But, now I understand she is right as we have a lot of unskilled labour, attracting labour intensive industries like textile, or assembling parts business can secure people job, more money, thus make them consume more. Which will attract the companies to invest more as companies are moving out as there is not much local consumption
@atherzaidi5871
@atherzaidi5871 25 минут бұрын
Thing is China and rest of the world will automate the labour intensive industry also. Few years back automobile and auto parts was labour intensive, today it is all automated. The number of people needed to make a pair of jeans is shrinking continuously. India has missed the bus on use of cheap unskilled labour. A better use of this labour is to build eco friendly well designed cities from scratch. Atleast 50% of Mumbai, Kanpur, Patna etc needs to be demolished and rebuilt in a planned way.
@Name-pq9xn
@Name-pq9xn 2 минут бұрын
​@@atherzaidi5871 And you will pay for all of this. Pay for rehabilitating people. Pay for property damage / loss. People like your comment without any thought about the aftermath.
@donkeykong516
@donkeykong516 11 минут бұрын
India wants to fly before its even born.
@thejaharalu794
@thejaharalu794 2 сағат бұрын
A beautiful presentation spoilt by so much background cross talk. Cut the Clutter or Cut the Chatter😅
@highpeaks3598
@highpeaks3598 Сағат бұрын
Please get proper audio or headset. The background noise was annoying.
@atherzaidi5871
@atherzaidi5871 30 минут бұрын
We are Vishwaguru already.
@biswarupbkarmakar3227
@biswarupbkarmakar3227 Сағат бұрын
India has to fully liberalise on all fronts and join the big trading blocks, including for agricultural products, counter-lobbying by various vested interests be dammed, if it has to truly develop and avoid falling in the middle income trap.
@writedeepblue
@writedeepblue 4 сағат бұрын
India's economic advisors and policy makers should visit China and find out how it developed so fast. India and China have similar population levels so the challenges will be similar. India cannot follow economic models of less-populated countries because a large chunk of the population will be left out of the growth story in that case.
@vinsin328
@vinsin328 4 сағат бұрын
China is three times larger in size. Chinese are not food terrorists. The Muslim population is less, and there is no Brahmavad.
@aanakrukavi
@aanakrukavi 4 сағат бұрын
China can push through reforms as it is autocratic but in India leaders have to think if we get elected or not in next election with any reform. Look at farm reform scuttled by Punjab belt farmer lobby
@NIMESHDADIA
@NIMESHDADIA Сағат бұрын
ALKSO VIETNAM, .. They should now Focus on this rather propagating How Mera BHarat is Mahaan
@rajx7120
@rajx7120 Сағат бұрын
China implemented farm reforms and labour reforms 30 years before, and we are still debating them.
@rajx7120
@rajx7120 Сағат бұрын
China implemented farm reforms and labour reforms 30 years before, and we are still debating them.
@xxyz2023
@xxyz2023 3 сағат бұрын
China's economic growth figures are highly inflated. The country is facing economic slowdown & internal challenges, leading it to seek new growth opportunities by using calculated coercive trade practices. India's Gross FDI seems like significant increase, however, Net FDI, which accounts for inflows minus outflows was actually low. The FDI that flows in from these offshore accounts, is not for investment purposes and exits. India's private investment levels have declined since peaking in 2007-08. Other countries, such as Vietnam & Mexico, have become more attractive investment destinations due to their trade agreements & competitive policies like concessions. India's trade deficit is with the 9 out of 10 trading partners. While, union govt blames farmers for the country's manufacturing challenges, just because they are farmers. It is not farmers fault that half of all jobs in India is in farming today. To boost investments, the Indian govt should focus on improving the business environment & easy of doing business in India, simplifying govt's complex policies & regulatory hurdles. And industries has to invest in upgrading skills & training programs in state educational institutions.
@amishaghadai8769
@amishaghadai8769 4 сағат бұрын
Great insights
@puneetagarwal2848
@puneetagarwal2848 2 сағат бұрын
bro audio quality is poor
@enlightnedsoul4124
@enlightnedsoul4124 Сағат бұрын
👍
@NikhilVasishtR
@NikhilVasishtR 2 сағат бұрын
Too much background noise
@Chhojo
@Chhojo 56 минут бұрын
Gita Gopinath of China
@ssb9054
@ssb9054 Сағат бұрын
Comment section is full of Chinese bots
@biggpicture2930
@biggpicture2930 4 сағат бұрын
Great move china. Restrict all strategic supply to india. Let it grow naturally and why help?.
@joyid
@joyid 3 сағат бұрын
If you're Chinese, I get your comments. It's fair you can make those. But if you are one of our neighbours well, you guys will stay the same.
@SuperTvik
@SuperTvik 5 сағат бұрын
I will come back tell em the takeaways
@johnsaxon2439
@johnsaxon2439 10 минут бұрын
smuggling + rcep will help india?
@donkeykong516
@donkeykong516 14 минут бұрын
India democrazy isthe problem
@puggleski6097
@puggleski6097 4 сағат бұрын
WE need to be patient and steadfast enough to allow at least some of these US decisions to play out over economic cycles instead of losing our collective shit over them straight off.
@MegaLeoben
@MegaLeoben 3 сағат бұрын
Poori raath thi Chinese mere neeche.
@stevenchu1216
@stevenchu1216 4 сағат бұрын
A girl economist from Vietnam😂 Really?
@suvosingho-pp9xf
@suvosingho-pp9xf 4 сағат бұрын
Hello ccp bot
@Whoknows-z5o
@Whoknows-z5o Сағат бұрын
Modi is too cautious, not ambitious. We are about to lose the edge of large pool of labour we have. The demographic dividend is shrinking. Modi and Sitaraman…please wake up
@shamkulkarni1367
@shamkulkarni1367 Сағат бұрын
Gupta ji Please don't give sensational tiles to your videos
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