Will India become a wealthy nation by 2047? Jayati Ghosh, Montek Ahluwalia, N. Ravi, T.N. Ninan

[@anindyabagchi6119]

T.N.Ninan is wrong on so many levels. Examples of a country getting to a developed status without engineering and manufacturing base: 0, zero, zilch, nada. And that too if you ignore the supply chain issues, geopolitical issues, issues of trade deficit, and frankly, the big issue of maintaining so many engineers without a job, etc. When you get to a scale, it generates jobs by being part of a global manufacturing ecosystem. Focusing on services DOES NOT prevent manufacturing focus - this is NOT a zero-sum game. Since independence, we have had zero focus on engineering. Now it is somewhat coming in and this educated person is trashing this. My God!

[@babunair6178]

😊😊😊😊😊😊😊😊😊😊😊😊😊😊

[@vaidyasethuraman452]

what have these "experts" done for improving the quality of life of the ordinary indian esp the underprivileged? except being part of the political games played last 75 years?

[@GuzzarAwan]

they have talked big ideals of democracy , secularims bla bla bla. Have cornered lot of wealth for themselves in this poor nation. kept others poor so that they can get cheap servants and slaves. talked a Lot on caste discrimination but have done nothing to end it. they still marry among each other caste, which is a new caste of elites.

[@schindler80]

They are academics. Just read their work , it's full of policy recommendations free for governments to follow. Also how on earth can you possibly say that about Montek ?!?!

[@shreemoyeechakraborty382]

Always a pleasure to listen to Professor Ghosh. Her erudition and clarity are remarkable.

[@GuzzarAwan]

Most useless economist on the panel 😂😂😂 and everyone knew that.

[@arunsar7893]

She is remarkably clear she is here to push a prescribed agenda.

[@ramananvenkataraman4594]

If I hear Jayati I feel like puking

[@parvathijilumudi1693]

I think should discuss about the legal system and how it takes years to resolve any issues. 1.6 billion people takes years to resolve any issues. Unfortunately govt not talking about their investments in legal systems which are equally or more important to create confidence

[@aaseelanp3851]

Judiciary is very powerful in India. In fact, no court in the world wields so much power like our supreme court. Therefore our judiciary is designed to be overburdened at all times.

[@parvathijilumudi1693]

@@aaseelanp3851 its not about saying oneself powerful. It's about how much impact it has on society. It took 300+ years to reclaim his own land for a very highly admirable God who followed and teached dharma. Imagine a common man situation in lower courts takes 15 to 20 years of his lifetime and expense.yes we all celebrated rammandir and it's is time government to invest in legal infrastructure that is enough to handle the population and also reachable to common man. After all Ram rajya means not wealthy keep amassing wealth but everyone can live with some respect with out others grabbing individual rights. No one is above the Law but where is the Law.

[@ts0hari]

Data could be presented to suit your agenda. M. Ahuluvalia decides to skip the inflation when talking about UPA growth

[@ashwinvk4124]

inflation was in UPA 2 era not UPA 1

[@yourstrulytk12worldaffairs]

Also the world was growing back then too. We were part of the economic boom.

[@ashwinvk4124]

@@yourstrulytk12worldaffairs Heard of 2008 global recession ?

[@yourstrulytk12worldaffairs]

@@ashwinvk4124 GDP of Bharat- 2004 - 0.7T$ 2014 - 2T$ [MMS Era = 2.83x] 2024 - 4T$ [Modi Era = 2x] Factor - 1.41 [MMS divided by modi] GDP of the World- 2004 - 44.2T$ 2014 - 80T$ [1.81x] 2024 - 101T$ [1.26x] Factor - 1.43 [Decade 1 / Decade 2] Conclusion = The World GDP was growing 43% faster in the 2004 - 2014 decade compared to 2014 - 2024. But the GDP of Bharat was growing only 41% faster. (slower by 2 % points.) In other words = Modi = 70% MMS' GDP Growth Rate. But the World during modi = 69% of that era's growth rate. During the MMS era, the world was also growing at a higher rate. so we were part of the world's growth. but right now the world is facing a recession but we are the fastest growing economy in the world. [This is because of the successful economic policies of Modi.] So, Modi achieved more in his tenure (by 1 percentage point.) All while performing exceptionally well on other parameters including culture revival, national (border and internal) security, financial stability, growing foreign reserves, anti-corruption drive, huge infrastructure push, firm foreign policy, highly qualified cabinet instead of naamdaar cabinet, basic amenities for the poor (food, water, electricity, internet, sanitation, affordable healthcare, LPG, houses, loans for startups, lakhpati didi for women empowerment and direct transfer to jan dhan accounts!), digital infrastructure, fastest 5G Rollout, mostly good COVID handling (including vaccines), all time high FDI, increasing the minimum income for income tax from 2.5lac to 7lac, a very successful G20 summit, privatising bleeding and inefficient PSUs and revamping our railway sector (NHSRCL, RRTS, Metro, Vande and Amrit Bharat Trains.) Just seeing the GDP numbers are not enough. we were part of 'the fragile five.' rampant corruption everywhere. Inflation- out of control, NPAs- out of control. the entire banking sector in crisis. None of these problems exists now. Ease of doing business, opening a start-up, getting funding, self-help groups... all these are achievements of the Modi govt. We are a stable economy now. The world is betting on us. Landmark steps like demonetisation (which mostly failed because of non-cooperation from corrupt bank workers.), GST [A major step which is widely appreciated] and the unavoidable lockdown of 2020-21 were directly responsible for a short-term negative effect on our GDP. but we have only grown ever since. BJP is a party for Bharat and not for any particular religion. Only the BJP can write the Bharat Growth Story. The story of the reclamation of our lost glory.

[@paulm.k.8740]

A just nation, sticking to the principles of the original constitution, led by politicians who are just ( i.e. who treat every Indian as equal irrespective of their caste, religion or religion) and selfless (not corrupt or corruptible and one who doesn’t work only for the benefit of one’s own party or region/religion/caste) is what is needed more than a wealthy nation. India will grow naturally if these basics are met. After the first generation of politicians/statesmen, who were fired up by their participation in the freedom struggle, that breed slowly became extinct and that is the tragedy.

[@kcpauz]

nowadays there is even a debate on "secularism" which at the formation of the country was by default assumed and later constitutionalised. The stoke of regionalism and hyper nationalism in the form of religion is balkanizing people of the country one region and one state at a time. The current "trend" is dangerous to the survival of the country as one.

[@GuzzarAwan]

All this will come when nation become rich. Not opposite. The brahmins and upper castes have fooled 90% backward indians for long time, have become rich and elite. showing themselves as liberal and all in garb of talking all this nonsense.

[@shubhamshetty7792]

People are evolved but the government is playing political games u don't understand, dmk is not focusing on development rather they focus on religious converts.

[@shubhamshetty7792]

I myself from backward community don't face any castiesm I go to temple,I get respect,the politicians have no criteria sp they play games on castiesm.

[@churchilkamkb]

It happen in rural places more especially in Hindi belt. ​@@shubhamshetty7792

[@francisp9509]

Excellent exposition by Ninan Sir. Brilliant.

[@prafulkumarudani3699]

In last 10 years, indian currency devaluated by 30 % and today's Trade deficit expected from .3 trillion to 1.3 trillion. Only major exporting nations are developed nations. GDP growth 7 % and per capita income growth only 2 %. Great Story - Modani Economics.

[@GuzzarAwan]

Why UPA devalued Indian currency from 7 to a dollar in 1947 to 60 in 2014?? Nehru got india which was 4.7 of global GDP by ppp in 1947 , he and his Kins worked so hard that india decline to 4.03% of world GDP in 1990s Great Story - Nehrunomics which he called Hindu rate of growth

[@Noname-oq9mk]

From my extreme left wing anti Hindu site( ironically the name is Hindu😅) this is OK, I will say good discussion, I got here the left wing perspective .... Love from West Bengal...

[@shubhamshetty7792]

Bro it is obvious stalin and the founder n ram are relatives ,they both advertise Christianity and Marxist in nature,nothing can be done about it

[@GuzzarAwan]

I m here only to listen Mr monteknsingh. All others except kaul talked BS. Mr Ninan said why ogvt is setting uo chip plant at 70% cap subsidy with 5000 jobs. Well why govt kept spending huge money on space program ?? Why we spend so much money on maintnanace of nuclear weapons ?? Most useless was jayati ghosh. She altogether rejected GDP growth rate model 😂😂😂 she shd remain activist and not policy maker. Her talks r very emotional and romantic but not worth to implement

[@jschhabra4113]

Only about 6000 views and 133 likes over 4 days speaks about the quality of deliberations. Waste of time.

[@banerjeebj]

Excellent......

[@jaivande]

Must watch video.....but your reach is poor becoz it is not in hindi...but still good for those who r in search and cares for India.......

[@sharathahuja8261]

Please read E F Schumacher's book. Small is Beautiful - Economics as if people mattered.

[@homeent]

Mr Montek Ahluwalia who speaks so eloquently today, could not bring himself to distribute grains to poor people. He let it rot in FCI godowns. I clearly remember Prannoy Roy coaxing him in a TV interview to give away the grain; but Montek could not understand it despite Prannoy Roy trying real hard. It is people like Montek who opened the path for people like Modi to get to where he is today. If you hate Modi, remember it is hot-air people like Montek are to blame.

[@thecomment9489]

As of 2023, a country with per capita GDP of at least 13,200 dollars is classified as a high income country. By 2047 that criteria will be much higher, may be around 20,000 dollars.

[@PseudoProphet]

Yes true, but we can achieve that easily. Older generation will die out and new generation will be making a lot more money by then.

[@francisp9509]

The present government's priority is pulling down masjid, art 370, caa etc. This petty approach will ensure India always remains a starving, third-world nation.

[@sharathahuja8261]

Anniversary of our Independence in the opening remarks? Centennial of India's Independence.

[@valerianpereira1259]

ALL OF OUR TOP BRAINS; PROFESSIONALS. Retired and working should conduct and address seminars of this nature centered in the UAE; SINGAPORE; Enlighten the aspiring youth; where we are now ; where we should go.

[@ranganathmahapatra740]

UPA-wala economists and naturally engulfed with pessimism like Rahul Gandhi

[@kp-fh1pv]

Easy answer : No Complex answer : considering amount of progress pver the years, the amount of poor people in country are not going to become rich by 2024. Only some miraculous goverment that thinks beyond religion, cast and vote bank can save us.

[@mukundshamlalshamlal5959]

Interesting

[@bhanupratapsinghbhati4830]

Anti modi gang out

[@damodarbhat7797]

We were expecting economic discussion. However the opening remarks by first speaker are political and condescending. Really sad. I couldn't watch beyond 5 mins

[@A4Aqua]

Economy is directed and controlled by Politics. Economists do not rule the country, if at all, they can't make decisions.

[@valerianpereira1259]

Like run of the mill; Start training;Educating;Honing;Disciplining; technical skill build up; of one and all of the youth of the nation.. for this its only the MILITARY can do. Transform Education; quality education; Bridge all skill build up; Contd; education and learn newer skills.

[@jschhabra4113]

If the country had unfortunately continued with Congress type of Govt, at the centre, we could not imagine to be a wealthy nation even by 2100, but sure we could imagine to be an islamic republic by 2047.

[@nmbangalore7270]

bjp reset to 1947

[@SG-hs1fg]

We should never forget what P. Chidambaram said in the parliament when he was FM: We will become 3rd largest economy by 2050. BJP/Modi govt is going to make it happen in 2027/2028. LoL 😂😂😂.

[@SG-hs1fg]

​@nmbangalore7270 Keep wishing that way and you will be left over by way side like these useless panelists. BJP govt is making India as 3rd biggest economy by 2027 and not by 2050 as envisioned by your beloved Congi ex-FM Chidambaram.

[@venkataramanankrishnan5012]

I wonder why none of this great economists not think population control or population stabilisation as one of the means of inceeasing the per capita income?

[@TRA]

I'm shocked no on talked about minimum wage. Minimum wage should be enough in India to afford a 3rd hand vehicle + Rent for 1 bhk + Food + clothes. + Education and still left with 25% of saving per person

[@GuzzarAwan]

Dont talk like UPA govt. they have passed hundresds of rights in parliament like. Right to education, in 2009. Are all children getting good education today?? passing minimum wage doesnt mean u will get one. No one can defeat the markets , Not even GOD

[@offred6013]

​​@@GuzzarAwanthats a defeatist mindset

[@chrissingh4730]

This is what the Nehru Feroze Gandy Edrige Antonio Mainos family do NOT want!! They have been fighting 75 years

[@sapanoop]

Jatati Ghosh is awesome

[@SadguruPrernaTrust]

USA/UK have high per capita income but they have 20% poverty . What is the point.. For one crore Indians can have four bed solid accommodation but the Yankees and Slymies with same amount would get cardboard box accommodation.

[@valerianpereira1259]

As Dr. APJKalam Advised; Hand over all Water Bodies; starting from the Himalayas; to Kerala; To manage the water resource; Scientifically; professionally; manage with Program and Quality; Specifications and standards

[@gperiaswami3971]

Nationalise rivers and divert all west flowing rivers emptying water into Arabian sea towards water starved regions on the eastern side.

[@bhuvanajagarapu7977]

22:41 what a joke , all those china full employment , any country in this world can not have fully employment .😂

[@rajeshpillaik]

What's the difference between Mughal Rule and British Rule? Have you ever heard of Madras famine ? Bengal Famine ? Indian Genes adopted adopted famine situations that made us Diabetic capital of the world.

[@jschhabra4113]

Sadly, nobody has talked about the basic factors in achieving the tag of a wealthy nation, like strict enforcement of population control, UCC, ban on infiltration of Bangladeshis and Rohingyas, ban on madrasa education, same education all over India, one nation-one tax, eradication of corrupt practices, moral education in schools for charater building, inculcating civic sense among the citizens, ban on coaching centres, free education up to +12, development of rail, road, air, waterways infrastructure, changes in judicial and legal system, stress on manufacturing, revamping the police laws, promoting tourism, linking Aadhaar with properties, strict enforcement of benami properties act etc. What Modi govt is doing is good enough. We need to have a stable Govt at the centre for more FDI,

[@valerianpereira1259]

Simply follow ; JAPAN; CHINA; SOUTH KOREA; TAIWAN SINGAPORE; and now VIETNAM.. IF THEY CAN DO WHY CANT INDIA BE? WHY; DISCIPLINE is the key Quality and Finesse work for 300 days a year x 10 hours per day. More PGs; Work on Research and developt; Innovation; value added. STOP all imports; and in Backward integration; start manufacturing all in india; SCALE of Economy; Cost has to be min. to sell Globally.

[@PseudoProphet]

37:40 this woman simply wants a communist system. 😂😂 Why even invite these jokers? 😂😂

[@blackknight4996]

After you can see China's taillights first, then you laugh at the jokers...

[@PseudoProphet]

@@blackknight4996 all because of rotten Nehru family. They kept india more communist than China itself.

[@sadananddwivedi6243]

Mr oberai pushingthe new dreams to b seen.

[@TRA]

Property price is also high in India

[@balajielectronic4349]

First try to provide medical facilities to middle class families they are suffering with out medical facilities only one demand they don't want any thing free and stop every thing free only provide good medical facilities to all

[@valerianpereira1259]

On Govt Land; Let the Military Build VERTICAL IN SPACE; high rise towers ; Multi storied Buildings for the Poor. BASIC Housing; Ex; If ADANIs can build High rise Towers; in DARAVI; Then they should build on Govt lands; Low cost hosing for the Masses; so build great infra save on space going verticial; Follow China; Turkey; Let every youth be by LAW;inducted in BOOT AMP; For Train; skill build up; DISCIPLINE,

[@bala247online3]

Wah, by the time we reach 1947 most of us including these panelist’s won’t be alive to be held responsible 😂😂😂

[@offred6013]

Do u have a time machine😂😂

[@SG-hs1fg]

​@@offred6013You should direct this question to Mr Ahluwalia - watch at 48:11

[@nalasingham5773]

Pipe dreams of a medieval society caught in a manufactured mental trap where mythology is treated as reality and now on a temple building spree where priests' will be teaching technology and astrologers will be teaching science. In a society which is categorized as living in 4 story building without staircases, this debate is vain and futile. In 2023 , New Delhi had to barricade the slums from the eyes of visiting dignitaries to the G7 summit.

[@2011ukluk]

Manufacturing can create services job but services can not create manufacturing job. Its a simple logic. The way how GDP is measured itself has inherent flaw. What if all the women exchanges each others household work and pay each other? Sometimes the experts becomes so much of an expert that they lose simple logic.

[@shrikantzankar7732]

😂

[@bishnuprasadjagdev7173]

Mere political slogan. Nothing else.Unless we have visionary leadership with strong ethics and tech savvy people at the helm of affair ,as a nation we can never be developed nation Beauracracy and political nexus must go.Reservation must go.Research should be given major boost.Defence should be strong.

[@ts0hari]

An echo chamber sponsored by G-Square and TH!

[@valerianpereira1259]

Target 10 % Growth in Economy; 2/All Water Bodies should be Nationalized and handed over total Management to the Military;ARMY. 3/Generation of Electricity;Power; 4/50 % Generated by Nuclear power plants. Balance; Hydrogen; Renewable; etc.

[@shubhamshetty7792]

It is happening gradually brother ,did read latest information on solar roof on every house??

[@shubhamshetty7792]

Nuclear plant is not a easy game,environmentalist don't allow us to build Nuclear plant ,in 70 years on congress growth why there has not been a single Nuclear plant developed

[@praveennov]

Health is Wealth... Right now Polarities are extreme and so is the conflict Climate, Economy, Politics, Science need to settle to see any actual trends, or else just false projections.

[@bhanupratapsinghbhati4830]

Remember that you don't want india social fabric do be destroyed we don't want to be america like crime let us leave are destiny will make us reach we need guidance not control we need control not ramrajya

[@pv4768]

1:09:03 That's what Modi Govt is doing! But then.... "Since it's Modi govt, We MUST OPPOSE anyway"

[@pastafarian3758]

For your kind information Mr Ahluwalia was talking about rationing of irrigation water,not about MSP which present government promised and renegaded on its own commitment.

[@abhinavverma-2030]

This are the great economist economic thinker country needed not history studied current governor shakitkanta das or current economic adviser history teller sanjev Sanyal or constitution replacer bibek debroy

[@GuzzarAwan]

But shaktikant das is central bank governor of the year awarded by IMF 😂😂😂

[@kakun63]

yup great economist invented teh double digit inflations

[@bhuvanajagarapu7977]

25:41 see the mind set of those people . Your cities . Is it not those people cities ? 😂

[@TRA]

No point of this discussion.

[@rajeshpillaik]

Less ecomomics but lot of politics. One of the panelists says the tittle itself provocative 😂. By the way Hindu doesn't understand economics as communism itself is an economic superstition 😂😂

[@hemikovsky]

Wealthy nation! Day dreams sold by only and lonely 4th class fail who works @unemployed! His own state is in shambles, the fool is a champion liar.

[@jschhabra4113]

Completely nonsensical observation. Modi hater! Nothing else.

[@bhuvanajagarapu7977]

All this constipation of in their face . Talk is cheap . Not a single solution . On one hand talk educations . Last 10 years lot of IITs IIMs and IIITs are open across the country . All not provided not a single solution any problem , even they UPA ruling also not solved any single problem they are not talking is now . What a joke 😂

[@jigsaw2281]

Nehruvian rate of growth not hindu ok

[@roshanramesh7960]

Waste video 🥲

[@ExploringAngel]

Hi The Islam

[@mpsbhati]

See there are no viewers for your nonsense 😅

[@kakun63]

they live in eco chambers

[@pastafarian3758]

It's a handy work of IT cells. Vested interests mass report such stuff. So , KZbin algorithm won't promote such stuffs.

[@CP-ne2md]

Madem don't tell what should be just take action yourself first, everybody even beggars at signale can be give advise , why you expect 10% of GDP to be on pseudo science allopathic weird health systems ,100 years before there were no such health systems, US have such systems, are their health is better due to that pseudo science. Why don't you recommend our traditional tested proved , sustainable, prevention as well as natural cure health system.