A non-economist’s guide to latest GDP, fiscal deficit, GST data, PMI pointers & health of economy

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ThePrint

Жыл бұрын

#cuttheclutter
The latest GDP data is out and you have probably seen different headlines tell you different things about what it shows. The numbers and jargon together can be a bit of a puzzle for a non-economist looking to make sense of the situation. In Ep 1243 of Cut The Clutter, Editor-in-Chief Shekhar Gupta breaks down the data for you, and explains what it means for Modi govt ahead of 2024.
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S&P Global India Manufacturing PMI:
www.pmi.spglobal.com/Public/Home/PressRelease/64e96d4682684d95b36d88dc9b9ac31c
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Provisional estimates of National income, 2022-23 and quarterly estimates of Gross Domestic Product for the fourth quarter (January-March) of 2022-23: www.mospi.gov.in/sites/default/files/press_release/PressNoteQ4_FY2022-23_31may23.pdf
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Пікірлер: 656
@ThePrintIndia
@ThePrintIndia Жыл бұрын
Exclusive content, special privileges & more - Subscribe to ThePrint for Member benefits: theprint.in/subscribe/
@nomulahemanth3109
@nomulahemanth3109 Жыл бұрын
​@Siddharth Sriram 😂 Half of your data is Outright FALSE, (1)Inflation 2014-11%,in 2023-5.2%,(2)Unemployment in 2014- 8.3%,in 2023-7.4%, (3)FDI in 2014-$45.5 Billion, in 2022-$ 84.8 Billion USD, (4)Nominal GDP- 10th in the World, $ 1.8 trillion,In 2022- $ 3.5 Trillion USD,Rose to 5th Place,(5)Per capita in 2014-$1,270 USD, in 2023- $ 2,609 3rd Highest in South Asia only Behind Maldives and Sri Lanka, (6) Startups& Unicorns in 2014-500 and 5 Respectively, In 2022-90,000+ Startups and 114+ Unicorns receiving Investments worth $ 350 Billion USD,(7) Internet Users- In 2014- 80 Million, In 2022, 840 Million+ Users, 2nd Highest on the Planet, And Has the Cheapest Internet rates on the Planet (8) Smartphone Users in 2014- 48 Million, in 2022- 640 Million+, Cheapest Smartphones on the Planet thanks to Made-in-India Smartphones (9) Exports in 2014-$ 440 Billion 20th in the World,in 2022-$ 770 Billion Dollars, 8th Highest in the world,(10) Infrastructure Projects -(a)Highway Construction between 2005-14- 25,000 KM, Between 2014-2023- 51,000+ Kilometres, (b) 2 Expressways in 2014, In 2022- 12 Expressways,with 25+ Under Construction, (c) Railway Electrification in 2005-14, Only 4K kilometres, Bt 2015-2023- 28,000 Kilometres,(d) Operational Airports in 2014-74, In 2022- 148+, and 20+ Under Construction,(e) Operational Metros In 2014- 5 Cities, In 2023- 21 Cities Operational and 7+ Under Construction, (f) New RRTS Corridors, New DFCs, World Class Vande Bharat Trains, Bullet Train project etc (11) GDP PPP in 2014- $ 5.4 Trillion USD, in 2023- $ 13.2 Trillion USD, (12) PPP Per Capita in 2014-$4,000 USDs, In 2023- $ 9,100 USDs, (13) Poverty in 2014-24% , in 2022- 6-10%, Extreme Poverty in 2014- 12%, in 2022- 0.68%, (14) Number of Billionaires in 2014-40,75% are Inherited, in 2022- 200+, 88% are SELF-MADE ENTREPRENEURS
@nomulahemanth3109
@nomulahemanth3109 Жыл бұрын
😂 Half of your data is Outright FALSE, (1)Inflation 2014-11%,in 2023-5.2%,(2)Unemployment in 2014- 8.3%,in 2023-7.4%, (3)FDI in 2014-$45.5 Billion, in 2022-$ 84.8 Billion USD, (4)Nominal GDP- 10th in the World, $ 1.8 trillion,In 2022- $ 3.5 Trillion USD,Rose to 5th Place,(5)Per capita in 2014-$1,270 USD, in 2023- $ 2,609 3rd Highest in South Asia only Behind Maldives and Sri Lanka, (6) Startups& Unicorns in 2014-500 and 5 Respectively, In 2022-90,000+ Startups and 114+ Unicorns receiving Investments worth $ 350 Billion USD,(7) Internet Users- In 2014- 80 Million, In 2022, 840 Million+ Users, 2nd Highest on the Planet, And Has the Cheapest Internet rates on the Planet (8) Smartphone Users in 2014- 48 Million, in 2022- 640 Million+, Cheapest Smartphones on the Planet thanks to Made-in-India Smartphones (9) Exports in 2014-$ 440 Billion 20th in the World,in 2022-$ 770 Billion Dollars, 8th Highest in the world,(10) Infrastructure Projects -(a)Highway Construction between 2005-14- 25,000 KM, Between 2014-2023- 51,000+ Kilometres, (b) 2 Expressways in 2014, In 2022- 12 Expressways,with 25+ Under Construction, (c) Railway Electrification in 2005-14, Only 4K kilometres, Bt 2015-2023- 28,000 Kilometres,(d) Operational Airports in 2014-74, In 2022- 148+, and 20+ Under Construction,(e) Operational Metros In 2014- 5 Cities, In 2023- 21 Cities Operational and 7+ Under Construction, (f) New RRTS Corridors, New DFCs, World Class Vande Bharat Trains, Bullet Train project etc (11) GDP PPP in 2014- $ 5.4 Trillion USD, in 2023- $ 13.2 Trillion USD, (12) PPP Per Capita in 2014-$4,000 USDs, In 2023- $ 9,100 USDs, (13) Poverty in 2014-24% , in 2022- 6-10%, Extreme Poverty in 2014- 12%, in 2022- 0.68%, (14) Number of Billionaires in 2014-40,75% are Inherited, in 2022- 200+, 88% are SELF-MADE ENTREPRENEURS
@anandtilaksg
@anandtilaksg Жыл бұрын
Normally if there is an international report which is negative or harsh for India, it gets covered immediately. Why are you ignoring Morgan Stanley report ? And still call yourself a journalist ? That too with adjectives like un-hyphentaed etc. Admire your courage Guptaji. You can jump into politics at any time now
@kmprashanth
@kmprashanth Жыл бұрын
❤❤
@Pmh_UTube
@Pmh_UTube Жыл бұрын
Dear SG; shouldn't the GDP growth rate be discounted by (1) Inflation rate AND (2) population growth rate; BOTH; to get a real sense true growth? Please enlighten in your Q&A.
@MaKar372
@MaKar372 Жыл бұрын
We need Land and Labour reforms to help grow and speed up manufacturing sector
@JohnSmith-vn8dm
@JohnSmith-vn8dm Жыл бұрын
And integration into global bond markets. Getting access to lower interest rate foreign lending would be huge for India. One of the big reasons private investment hasn't been increasing consistently is because of the "crowding out" effect. All the government investment in infrastructure is great, its good for India's long term competitiveness and creates a lot of jobs but it also sucks a lot of capital out of the financial system. Why would I give a loan to a private company and take on some risk when I can loan that to the government instead with the knowledge that they will always pay it back? That's why injecting more capital into India through bonds is necessary. But there's also an additional benefit. It would also give the government more options for loans which would decrease the rates they have to pay. This means it would also help reduce the deficit problem Mr. Gupta is talking about. Lack of foreign capital and FDI has always been one of India's biggest issues when it comes to development. Its finally starting to change but there's still a huge opportunity for this to grow. FDI into China reached a peak of 6.3% percent of GDP in 1993.
@desibigfoot3874
@desibigfoot3874 Жыл бұрын
@@JohnSmith-vn8dm nice
@mohamedrazeen3685
@mohamedrazeen3685 Жыл бұрын
What about services sector Which contributes 55% to GDP yet we have very little policies around that
@sourabhpatil23945
@sourabhpatil23945 Жыл бұрын
Bro haven't you seen what happened at the time of farm laws. Labour and land laws will be hard with opposition which only knows opposing everything.
@sourabhpatil23945
@sourabhpatil23945 Жыл бұрын
​@@mohamedrazeen3685 Service sector is only gonna grow. already a lot of policies are in place
@Dantecrypto2
@Dantecrypto2 Жыл бұрын
0:36 The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference
@christopherdench1422
@christopherdench1422 Жыл бұрын
I have been making a lot profit through forex trading which has been the main source of my income
@oscarorellna867
@oscarorellna867 Жыл бұрын
@@christopherdench1422 I’m interested I want to move to forex can you help me trade?
@christopherdench1422
@christopherdench1422 Жыл бұрын
@@oscarorellna867 Actually an expert broker handles my forex investments while I invest in some real estate with the profit I make
@christopherdench1422
@christopherdench1422 Жыл бұрын
@Haman Jack frank kafeman handles my investment portfolio, he's an expert when it comes to trading forex.
@christopherdench1422
@christopherdench1422 Жыл бұрын
He made over $12k with my $2k start up capital
@va8085
@va8085 Жыл бұрын
Brilliant job by the Modi government in the past 9 years. Hope this momentum is not broken by people falling for freebies in 2024. This is India’s moment & we can’t afford to be derailed again like 2004. Let’s unite for a Bharat that’s rising from the ashes 🇮🇳
@mg.f.9023
@mg.f.9023 Жыл бұрын
If YOU want more andhbhakts instead of scientific reasoning keep on BJP/RSS If you want the father of the Nation to be Savarkar instead of Mahatma Gandhi keep on BJP/RSS If you want more of religious polarization keep BJP/RSS If you want more Indian assets to go to the crony keep BJP/RSS
@itdoesntmatter9923
@itdoesntmatter9923 Жыл бұрын
@@mg.f.9023 if you want more of Muslim appeasement and only Muslim apeaseent and no Infra you can keep congress if you want more infra, more airports, more roads, more bridges, more tunnels, more digital economy growth, more manufacturing, strong army, etc, go for bjp. congress witnessed hundreds of riots and yet call others communcal
@kd6788
@kd6788 Жыл бұрын
@@mg.f.9023We will vote for BJP only
@duskyrisky1218
@duskyrisky1218 Жыл бұрын
​@@mg.f.9023 no Freebies bankruptcy Congress kill India funeral is near
@chidanandnazirkar7587
@chidanandnazirkar7587 Жыл бұрын
@@kd6788 Vote for Nation, Vote for bjp
@AKThakur76
@AKThakur76 Жыл бұрын
A lot of people talk about 2003-2008 stellar growth forgetting that even sub saharan Africa and lawless countries (one in neighbourhood also) grew much more in this time during the liquidity boom. Relatively, we are doing much better now. Best part is humongous infra upgrade which will bring logistic cost to improve our competitiveness. If UPA had used money in improving logistics, we would have benefitted from China plus 1 so early and big way. Hopefully NM will keep the momentum growing on this front and avoid phony growth of post GFC in 2009-2012 built on debt binge of phone pe loan scheme, which stymied growth in subsequent years.
@Vaibhav-zn5in
@Vaibhav-zn5in Жыл бұрын
Exactly, that's what I am trying to explain to so many Friends who were impressed by 10 % growth rate in Manmohan Singh Era and calling NM "anpad PM". Well, I believe, If COVID would not have hit us, we would have been in much batter position.
@rka-truthalwayswins5127
@rka-truthalwayswins5127 Жыл бұрын
Most people don't know that Rajan wanted to introduce Rs. 10,000 notes as he was expecting hyper inflation because of Congress' various scams & bank scam loans!! Congress is Brown British poison!!
@DHANANJAYSAHU-tg4pk
@DHANANJAYSAHU-tg4pk Жыл бұрын
@@Vaibhav-zn5in it's more like apda me avsar. Covid also brought us many MNC manufacturing leaving China.
@sajal4567
@sajal4567 Жыл бұрын
Jump in fiscal deficit was mostly due to the hidden FCI deficit which they bring in GoI balance sheet. Govt has announced they will bring back the deficit to below 4% by 2026 and they are meeting the budgeted target, that is good for the long-term health of the patient.
@SEBASTIANMARLOW426
@SEBASTIANMARLOW426 Жыл бұрын
❤❤❤
@abhimanyunath2001
@abhimanyunath2001 Жыл бұрын
​@@mg.f.9023 😂😂😂 just be a sensible human before comment
@chidanandnazirkar7587
@chidanandnazirkar7587 Жыл бұрын
@@abhimanyunath2001 he is commenting everywhere, mostly paid
@rishabhrai7552
@rishabhrai7552 Жыл бұрын
@@mg.f.9023 That would destroy the indian exports as well as indian economy.
@sajal4567
@sajal4567 Жыл бұрын
@@mg.f.9023 India needs to increase exports and a lower INR with realistic and stable dollar index will boost export.
@chanakyaadari5199
@chanakyaadari5199 Жыл бұрын
BJP failed in many aspects but they did really well in roads, digital payments, rural drinking water, rural electirification, toilets, LPGs for women, railways etc.. they should not have buckled down on farmers protest that is very much needed bill after green revolution for farmers. BJP's current move for cooperative grain storage will be the best thing in recent years.
@jdjjdd620
@jdjjdd620 Жыл бұрын
🎃🍌😂😂
@ojasyadav9020
@ojasyadav9020 Жыл бұрын
PACS ae being digitalized , Now storage blocks . Definitely good move.
@iBADME
@iBADME Жыл бұрын
Bss bhai itni cheeje kaafi hai yrr khush hone k liye perfect to hum khud nhi hai government to firr bhi bhot se log milke bnate hai …
@sushmamalh8049
@sushmamalh8049 Жыл бұрын
😢Is Is II 😢come the abov
@JohnSmith-vn8dm
@JohnSmith-vn8dm Жыл бұрын
Hopefully they look at electricity pricing and cross subsidization next. The purchasing-power-adjusted cost of electricity for industrial consumers is more than double of what Chinese companies pay; US firms only pay a sixth as much as Indians.
@tushar9535
@tushar9535 Жыл бұрын
"The patient is in very good health" this line gives so much satisfaction, we want India to rise and rise
@teja787
@teja787 Жыл бұрын
To ensure this pls vote for Modi ... if not then forget it
@loki2259
@loki2259 Жыл бұрын
Don't hold your breath under cho₹i🤣🤣🤣🤣
@teja787
@teja787 Жыл бұрын
@Loki s we all saw what the chor was in 2013 and what was india story then
@saikatganguly221
@saikatganguly221 Жыл бұрын
@@loki2259 again blind Hater
@iBADME
@iBADME Жыл бұрын
@@loki2259 u think it looks cool but little you know is you are making fool of urself bcoz it means your eyes were close till 2014 and was blind before it … stupid
@meetadi4u
@meetadi4u Жыл бұрын
Fiscal has increased but largely it is towards capex . So which is in a way an investment and not mindless spending on freebies .
@jkpatel7575
@jkpatel7575 Жыл бұрын
Last line of vlog is itself tells the successful modi policy..... Tight slap to raghuram type economist continuously shade tears..... 2024 only BJP.... No one near by miles
@urbaneindiana3089
@urbaneindiana3089 Жыл бұрын
Jagdeesbhai....jordaar
@AP-do6sv
@AP-do6sv Жыл бұрын
Raghuram rajan knows if congress wins he can easily become the FM or even the PM, as Gandhis rule through proxies. Its a low effort way to have some stake in politics. Full time politics is not for him, the US is just too comfortable.
@JohnSmith-vn8dm
@JohnSmith-vn8dm Жыл бұрын
@@AP-do6sv I don't think that's entirely fair. Did he become increasingly bitter and partisan after leaving the government? Absolutely. But he is still a highly talented and respected economist. No mere political hack could reach the position he did at U Chicago. I totally disagree with his view on India's investment in manufacturing (and so do many other talented economists). And I suspect many of his predictions will turn out to be false. But a few might turn out to be true as well, so it still might be worth at least considering some of his arguments. After all, there is no value in listening to others telling us what we already believe.
@surajs5913
@surajs5913 Жыл бұрын
​@@JohnSmith-vn8dm an economist whose predictions mostly will turn out to be false because of the person not thinking impartially of the economic situation is worth no value to aociety. The ability of raguram rajan is not in question but his credibility certainly is...
@narasimharao9492
@narasimharao9492 Жыл бұрын
Raghuram rajan is internally fighting between his rational economical thoughts and political thoughts. Let's say if Congress comes in 2024, immediately within a year he will paint a picture that everything is rosy in India. Let's not forget that the loans given and which turned to NPAs were during his tenure
@govindn3536
@govindn3536 Жыл бұрын
Kudos to Modi govt for their handing of economy!
@mg.f.9023
@mg.f.9023 Жыл бұрын
Mishandling The economy Given all Nation's assets to one person Increased Fuel & gas prices beyond the reach of poor Introduced religion in politics rather promoting science Manufactured andbhakts instead of skilled youth!
@itdoesntmatter9923
@itdoesntmatter9923 Жыл бұрын
@@mg.f.9023 we're the fasted growing economy period, and we achieved that feat 7 times for past 9 years, and these were the only years since independence that we were ever fastest growing economy. let the sink in
@pjpj652
@pjpj652 Жыл бұрын
​@@mg.f.9023 lol you got into the trap of dhruv and the likes kid. Study what privatization does to a government entity. Read more. Grow up from those irrational arguments.
@mxxmauuhan3597
@mxxmauuhan3597 Жыл бұрын
​@@mg.f.9023 You are just a troll.
@mg.f.9023
@mg.f.9023 Жыл бұрын
@@mxxmauuhan3597 Truth hurts?
@sajaljain8843
@sajaljain8843 Жыл бұрын
Raghuram Rajan is a political hack. His opinion can't be taken at face value. He hates Modi government and says anything which suits his agenda.
@rutvikrs
@rutvikrs Жыл бұрын
As soon as they leave the sovereign high posts, no one in academia, international agencies and markets seem to want them. It's almost like their whole charade is about getting access to Indian data and markets.
@MathewJohn-gj5xn
@MathewJohn-gj5xn Жыл бұрын
B h a k t h s and their boss modi dont like people like raghuram rajan, Bimal jalan, Ranga rajan.... they prefer baba ram dev, historian RBI chief (I cant even recollect his name) and demonitization expert Gurumurthi for economic advice. No wonder we are in such a mess
@rutvikrs
@rutvikrs Жыл бұрын
@@MathewJohn-gj5xn could you explain why RR wrote the paper "Make in India, Make for India" and now walks back on the recommendations without retracting his white paper?
@dhrumilmodi2813
@dhrumilmodi2813 Жыл бұрын
​@@MathewJohn-gj5xn I really pity your inner hate. Still stuck in the namecalling phase! Do watch the whole episode though. All the best.
@vaishalichilhate6132
@vaishalichilhate6132 Жыл бұрын
​@@MathewJohn-gj5xn yeah we are so much in mess see we are not doing like Pakistan...go and lick boots slaves
@baskaransethumadhavan1180
@baskaransethumadhavan1180 Жыл бұрын
UPA’s Fiscal deficit was lower due to fudging of accounts by keeping fertiliser subsidies deferral, FCI food subsidy parked outside, IT refunds withheld etc. Shekarji please delve deep into figures with the help of your domain experts. Otherwise the presentation is good.
@sachinnayal
@sachinnayal Жыл бұрын
Morgan Stanley Report was quite promising I'm happy we can have good growth.
@richardsking
@richardsking Жыл бұрын
​@Dk raghuram, opposition, and madarsa graduates all
@PurushNahiMahaPurush
@PurushNahiMahaPurush Жыл бұрын
@Dk Raghuram Rajan has an axe to grind against Modi since he was let go from his job as RBI chief. And he has been constantly associating himself with RaGa. So anything he says about Indian economy is biased and cannot be considered 100% objective. It seems like he has some political ambitions.
@sachinnayal
@sachinnayal Жыл бұрын
@Dk funny thing is Stats disagree with Raghuram, he was the one who took indian Banking to abysmal level .In 2015 all the bank were in dire position yesbank, p n s bank were example. During his tenure inflation was regularly above 10% level. Most of the Finance people feel he was literally the worst Rbi governor.
@ramananvenkataraman4594
@ramananvenkataraman4594 Жыл бұрын
It was all because of love spread by pappu
@VijeDerm
@VijeDerm Жыл бұрын
SG, fantastic CTC. Very well explained SG, the economists Indians sitting in USA should listen to this CTC. Modi Govt should be appreciated and we should wait for the next 2 quarters.
@atokimruk937
@atokimruk937 Жыл бұрын
Kudos for a simplified and effective exolantion by Shekhar that practically no other person can do. A common person can easily understand and Shekhar does a terrific job here !
@harkritsingh1896
@harkritsingh1896 Жыл бұрын
They have done better than expected but long way to go for india
@ThEEqualizer93
@ThEEqualizer93 Жыл бұрын
Long journeys are the best you know and when it comes to an end you will see our young people become like american teens disconnected from the outside world , I hope i die before seeing that day .
@harkritsingh1896
@harkritsingh1896 Жыл бұрын
@@ThEEqualizer93 with the current state of India in which 800 million people earn less than 8000 a month
@adithyachintalapati6851
@adithyachintalapati6851 Жыл бұрын
Imagine if we had not lost the 2004-2014 decade to horrific mismanagement of the country and economy, we would have already been in the top 3 economies of the world.
@mental9453
@mental9453 Жыл бұрын
We were growing though
@arjavgarg5801
@arjavgarg5801 Жыл бұрын
​@@mental9453 alongwith high inflation
@nv9991
@nv9991 Жыл бұрын
​@@mental9453 what was net growth minus inflection in 2004-2014 ? Growth fueled by sheddy telephone loans damaged banking sector health. It was cancerous growth.
@duskyrisky1218
@duskyrisky1218 Жыл бұрын
​@@nv9991 this time death of India is biggest poverty illiterate bankruptcy Freebies
@akssky1
@akssky1 Жыл бұрын
​@@mental9453 we were still termed the fragile 5.
@hikingcloud
@hikingcloud Жыл бұрын
All that matters in the end is translation of this growth into job creation. And that will not come unless we become a manufacturing hub.
@vatsalsingh1555
@vatsalsingh1555 Жыл бұрын
For that i think one senior economist mentioned it build lots of factories thats the only way, services can only employ only fractions unlike what that idiot rajan is saying.
@ytj1532
@ytj1532 Жыл бұрын
Well said! It's a good first step, finally we are thinking out of govt & service sector for job creation.
@rakeshbarman3486
@rakeshbarman3486 Жыл бұрын
manufacturing base actually takes decades of work behind it , regulatory processes, government policies and foremost trained labour , government has done quite a few good work like these PLI schemes , and ease of doing business has improved, much more needed , and most important trained labour , in training labour it takes time , in next 10 yrs I just want to see manufacturing base established ,
@user-nq1jj4uc9m
@user-nq1jj4uc9m Жыл бұрын
India's manufacturing PMI hits 31-month high, is raghu ram rajan listening
@anuchugh31
@anuchugh31 Жыл бұрын
Create own business or employment opportunities
@psychotormentor3278
@psychotormentor3278 Жыл бұрын
All said and done, this country may have millions of problems, but ever since the 1991 reforms, no matter who's in power, they're really scared of doing something that might end up screwing up the economy....there's a heavy political price to be paid and that's a really good thing!!
@yogeshbabu9942
@yogeshbabu9942 Жыл бұрын
Congress already on job with Karnataka won they are spreading other states and target 2024. Muslim Christian plus uneducated hindu look for freebies vote Congress and very shortly we will be like Pak srilanka all the best group not interested in self reliance
@JohnSmith-vn8dm
@JohnSmith-vn8dm Жыл бұрын
@@yogeshbabu9942 Self reliance won't fix a current account deficit which is what Pakistan and Sri Lanka faced. They faced this problem because as with India, there is no other choice but to import energy. This region just doesn't have those natural resources. So you will always have to import something which will give you a current account deficit. The solution to this problem is Make in India. But Make in India is the opposite of self reliance. To make things, you will need to import components. And you will need to export the final product to other countries to get currency. So this increases your dependence on the rest of the world. Self reliance makes sense in places like the defense sector, but outside of that it will just make your economy smaller. Isolationism doesn't work.
@duskyrisky1218
@duskyrisky1218 Жыл бұрын
​​​@@JohnSmith-vn8dm that's what pli apple assembles and some components manufacturing may be produced in India long term my heart is hurting India funeral is near from Freebies Karnataka 15% + 20% total 40% budget Freebies 😅 India 140 crore people death is near central budget needs 50% to give out Freebies craziness tax electricity burden loans no development revenues investment etc Skill education money salary from
@chidanandnazirkar7587
@chidanandnazirkar7587 Жыл бұрын
@@duskyrisky1218 Ask for laws to curb excessive freebies. Restrict fund to Karnataka, telling taxpayers money is not to be flown like gutter.
@Blitcliffe
@Blitcliffe Жыл бұрын
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
@EricZachary-om7hf
@EricZachary-om7hf Жыл бұрын
@HoklampdOndamnc Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
@Sopknapp
@Sopknapp Жыл бұрын
@@EricZachary-om7hf I've been looking for advisors recently because the market news hasn't been very positive. who’s the person that is guiding you.
@EricZachary-om7hf
@EricZachary-om7hf Жыл бұрын
@@Sopknapp I work with "MARIAM SANDRA MILNER". I understand what it's like to see your portfolio going down. I hope the performance improves
@Harperrr.99
@Harperrr.99 Жыл бұрын
@@EricZachary-om7hf Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@PiyushKumar-ru6io
@PiyushKumar-ru6io Жыл бұрын
Ye konse comment section me aa gaye hain aap?😂
@mayur8220
@mayur8220 Жыл бұрын
This is just the beginning after the historic pandemic.. 5 more years for this government and India will be on its way to be the next Economic Superpower.
@anupvkale1
@anupvkale1 Жыл бұрын
Good one by Guptaji, Modi government for sure is sincerely looking into all the potential areas they can grow more.
@2010anilshukla
@2010anilshukla Жыл бұрын
Thumbs up to the Modi government, the FM (greatly underestimated) and SG for doing your job well! 👍
@prathamesh-bx1cx
@prathamesh-bx1cx Жыл бұрын
Watching Gupta ji and his CTC is now a daily chore. I travel each day to my job destination by train and my best friend on this journey is SG's CTC. Thanks for the simplistic explanation. Keep it up Sir, you and your team....!
@parvadhami980
@parvadhami980 Жыл бұрын
3:18 that One ODD paper is "The Wire"
@abhinashkumar3161
@abhinashkumar3161 Жыл бұрын
Make sense
@AP-do6sv
@AP-do6sv Жыл бұрын
That thapar is a legend, dad responsible for the defeat of 1962, sister responsible for botching history books and the son responsible for single handedly delaying a crucial flyover in delhi for his comfort. Yet is followed by millions.
@youthink5552
@youthink5552 Жыл бұрын
This type of data had it come during congress rule I am sure Shekhar and his secular colleagues would have been happy to the point of tears
@libshastra
@libshastra Жыл бұрын
Basically Ukraine War disrupted Manufacturing and they experienced two quarters of degrowth. But now that supply chains have settled down, manufacturing is growing again. That's what it seems like? But ya, Govt can sweeten the deal by pressuring State Govts to reform laws and notifying pending laws.
@singhparth2210
@singhparth2210 Жыл бұрын
India 🥺 I want India to grow even faster.
@JohnSmith-vn8dm
@JohnSmith-vn8dm Жыл бұрын
That will happen when people and political parties accept good economic policies like farm reforms, labor reform, integration with global financial flows, lower tariffs and trade deals, etc. Basically you need to make India an attractive place for businesses to invest.
@mayankindian3750
@mayankindian3750 Жыл бұрын
​@@JohnSmith-vn8dm hm 🙂
@0609Bhuwan
@0609Bhuwan Жыл бұрын
BTW the 19-20 Fisc deficit growth was because the government brought in all the accumulated off balance sheet bullshit on the books.... If you calculate the UPA deficit with all these cleverly hidden liabilities it was closer to 6%
@amitavasaha3057
@amitavasaha3057 Жыл бұрын
Nirmala-Modi team is delivering well. Managed pandemic and economy very prudently. All pundits were telling to print money but they came up with plan of free ration to 80 crore people. Good job!
@LalitYadav-eo4hv
@LalitYadav-eo4hv Жыл бұрын
Being an Indian i wish my country grow and break any positive records.
@mg.f.9023
@mg.f.9023 Жыл бұрын
We have now achieved manufacturing the highest Numbers of Andhbhakts..
@mayankindian3750
@mayankindian3750 Жыл бұрын
​@@mg.f.9023 just like Congress dogs and andbhakt of Congress
@sankalp6872
@sankalp6872 Жыл бұрын
At the simplest level, GDP = C+I+G+(X-M). The growth is primarily coming from I and G (i.e., Investment & Government spending). These drives indicate higher confidence in the future of the economy. However, "G" is not a sustainable source of growth. C, i.e., Consumption is a more VISIBLE indicator of the state of the commoners. A stagnant "C" is NOT BAD (but it is NOT GOOD either). X-M, aka net exports, is a challenge for any Govt. Exports exceeding imports are a desirable situation, but the context matters. It is only positive for natural resources rich economies or world factory economies like China and Germany. The US tops in the trade deficit.
@bambu3954
@bambu3954 Жыл бұрын
After all the sneering and mocking of Nirmala Seetharaman by the "world famous" economists, she is having the last laugh!!! Wisb someone will have the humility of acknolwedging that...
@dip10
@dip10 Жыл бұрын
Two wheeler domestic sale numbers are still good just check today's monthly sales data reported by automobile companies
@AKThakur76
@AKThakur76 Жыл бұрын
A lot of Modi haters (basically indegenous culture haters) wish India went poorer just to get rid of present government. It simply shows how much hatred they have yet claim to be doing muhabbat ki dukan. Good that they can keep dreaming. If govt has gone ahead with mainstream economists during pandemic, we would have been closer to Pakistan. If you look at avg growth, we are doing far better relatively than ever in modern history.
@udayanbadola7077
@udayanbadola7077 Жыл бұрын
Really man, running an economy is so hard... It looks easy from a distance but as we dive deep it is so much ...😶‍🌫️
@_kartik_chauhan
@_kartik_chauhan Жыл бұрын
You know what that is what journalism really is ....... Thank you print and Shekhar sir
@ZenFactChecker
@ZenFactChecker Жыл бұрын
I watch Ravish Kumar, and sometimes I feel frustrated with our government and concerned about the state of our country. However, when I see CTC, I realize that positive developments are also taking place in our nation. Perhaps the patient is in good hands?
@minni1357
@minni1357 Жыл бұрын
Watching others is good but one should always try to read the data and draw own conclusions. As for watching Left-Liberal journalists I think BDutt is a better choice because she both interviews and presents data better than RKumar who preachily monologues too much.
@va8085
@va8085 Жыл бұрын
Ravish is a mentally ill & deranged since Modi govt came to power. Look at his reporting pre & post 2014. You’ll see the difference. He’s a know congress guy & his brother fights elections on Congress ticket who has alleged rape charges against him.
@bharatpandit4796
@bharatpandit4796 Жыл бұрын
Stop watching Ravish Kumar. He is full of negativity and an agenda that he bears on his sleeve! I quit watching him long time ago.
@kbmehta4208
@kbmehta4208 Жыл бұрын
For fiscal deficit the Govt has given a glide path that takes into account smooth reduction over the years ensuring it has a hedge in case of any unforeseen issues as also not rocking the boat too vigorously. Economic Editor could have advised to refer to that to complete the picture. Very Good effort.
@rajurajendran379
@rajurajendran379 Жыл бұрын
Thanks for this episode, really cutting through the clutter and making easy even for us to explain to others .
@harisundar8698
@harisundar8698 Жыл бұрын
Comprehensive but at the same time easy to understand this analysis. Lovely episode SG
@nagbalkur1365
@nagbalkur1365 Жыл бұрын
Just imagine what Congress would offer from its success in Karnataka. Modi would be under tremendous pressure to offer freebies, which is likely to hit deficit. Nevertheless, Modi government has been fiscally prudent over all and I think it also handled Covid Economy much much better than countries like America where cash distribution led to inflation raising by 4 times.
@ojasyadav9020
@ojasyadav9020 Жыл бұрын
2003 2008 growth was a headless growth.
@Longcut_
@Longcut_ Жыл бұрын
I listen your news every day. You are awesome with your words. Thank you sir.😊
@dip10
@dip10 Жыл бұрын
Shaktikanta Das > Michael patra >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Raghuram Rajan 😊
@millennialmind9507
@millennialmind9507 Жыл бұрын
It's not Shaktikanta Das, it's PMO who is running the show from background 😅😂. Otherwise, He is a guy with a history background running😂😂😂😅😂😂😂 RBI
@user-vk1bm
@user-vk1bm Жыл бұрын
​@@millennialmind9507 that's why he got the best rbi governor
@nikhileshjain5024
@nikhileshjain5024 Жыл бұрын
“All the reports suggest that the patient is in very good health” But is it sill a patient when it is in very good health??
@mknarula
@mknarula Жыл бұрын
this is gold! i always never able to understand the economic data. people pro government tells economy is growing and cynics tell otherwise. I would really like to understand political point of view of economy
@vinodhkrishnan
@vinodhkrishnan Жыл бұрын
Very subtle and rationally put Shekarji 👌
@PradeepSNair
@PradeepSNair Жыл бұрын
Excellent analysis and explanation Shekharji. Thank you for cutting the clutter and enlightening us on the economic data
@Dekanalini
@Dekanalini Жыл бұрын
Thank you for a Penetrating Analysis! Balanced and informative as usual! I wish you could drill some sense into our International traveller who sells love abroad!
@GautamMH15
@GautamMH15 Жыл бұрын
Patient is in good health !! Thanks for simplifying the thousands of pages of reports to us 😊
@mg.f.9023
@mg.f.9023 Жыл бұрын
Problems Facing Indian Economy: 1.Unemployment2.Poor educational standards. ... 3.Poor Infrastructure. ... 4.Balance of Payments deterioration. ... 5.High levels of private debt. ... 6.Inequality has risen rather than decreased. ... 7.Large Budget Deficit. ... 8.Rigid labour Laws.
@meetadi4u
@meetadi4u Жыл бұрын
Disagree on 5 and 6 . Private debt corporates has clean balance sheet after long time . 6 actually inequality has decrease during covid and an IMF paper came out . India needs to increase the pie for a decade and then redistribution can kick in
@rutvikrs
@rutvikrs Жыл бұрын
​@@meetadi4u why do you think this is analysis? It is just a diatribe.
@minni1357
@minni1357 Жыл бұрын
1 is due to 2. Infrastructure is being built. Inequality is a part of growth - we can all be dirt poor and getting rice donations from US or admit to Ambani in Antilla and poor receiving welfare. You can't sustain a welfare system without Capitalists. Which is why Russia from Yeltsin and CCP from Deng era onwards practices Chaebol oligarchy. Private debt is good for the economy. Budget deficits in most developing countries is higher by far. As long as it is well managed it is no worry. Labour and Land Reforms have been stalled due to Andolanjeevi. What can be done?! India isn't Canada or China to beat up and freeze all such people bank accounts and put them in jail.
@wisdomhighschool9975
@wisdomhighschool9975 Жыл бұрын
Sheer luck for Socialist Khangress, Foxconn has Announced that it IS going to MAKE-IN-INDIA APPLE IPHONES AT a NEW PLANT Under Construction in Bangalore, Which was Finalized by the BOMMAI GOVT. and Khangress Mocked Bommai for not having PROOF, Now Khangress is Taking All the CREDIT after Foxconn Announced that it will start Manufacturing 20 Million iPhones by April 2024 Today morning
@pocoboy68
@pocoboy68 Жыл бұрын
Very articulate analysis.Great work Shekharji ❤
@shashwatsharma5412
@shashwatsharma5412 Жыл бұрын
Great data analysis print❤❤
@abhinashkumar3161
@abhinashkumar3161 Жыл бұрын
Thanks for this report
@avinashupadhyay
@avinashupadhyay Жыл бұрын
Fiscal deficit increased because of recognition of fci debts which were earlier put out of the books
@dukhi_aatma372
@dukhi_aatma372 Жыл бұрын
It's intriguing how people are still obsessed with RR, and what he thinks and says. C'mmon, he was just an RBI governor for a term, just like any other RBI Governor. There is nothing special about him. If we really want to talk about him, why not also talk about his predecessors and successors and find out what they have to say?
@vijayakumar-cj9pk
@vijayakumar-cj9pk Жыл бұрын
Analysis with great clarity. Ably aided by facts &figures from public domain.unassailable.
@soumyamaitra6132
@soumyamaitra6132 Жыл бұрын
sg's micdrop comment" patient is in a very good shape" 😎
@manishdattawadkar9451
@manishdattawadkar9451 Жыл бұрын
Innovative concluding statement
@subhrangsudutta8029
@subhrangsudutta8029 Жыл бұрын
All the magic with 2 terms of experience is managing tactfully the Art of BALANCING and keep the Growth Rate with rigorous watchdog 🙏🙏
@RaoManoj2004
@RaoManoj2004 Жыл бұрын
This guy Raghuram looking for a political role under congress rule. His biased is clearly visible on many occasions.
@BharatiyaSanatan
@BharatiyaSanatan Жыл бұрын
GREAT COMMENT PATIENT IS IN GOOD HEALTH (WHICH WAS MESSED FROM 2006 TI 2014)!
@nesterem
@nesterem Жыл бұрын
very well explained shekhar......even a layman can understand what are the positives and what are the negatives...thanks for this very educative peice....
@SriRam-bv3gs
@SriRam-bv3gs Жыл бұрын
😂😂 patient is in good health 😂😂 now where are economic expert like Pappu , Lalu Yadav , kejari,Digvijay ,Mamta and their stooges😂😂
@nesterem
@nesterem Жыл бұрын
very educative indeed....keep it up...
@mailtorajrao
@mailtorajrao Жыл бұрын
Excellent CTC!
@pratiush1000
@pratiush1000 Жыл бұрын
Government spending shouldn't be seen from Quarter to Quarter, it's an year long GDP number. Hence, Government Spending should be seen Year on Year, in which case, the rise of Government Expenditure is merely 1%!
@hanumantharayat.a.hanumant9651
@hanumantharayat.a.hanumant9651 Жыл бұрын
Your last comment is very funny and makes the analysis understandable to layman. Thanks.
@anupsinghkr
@anupsinghkr Жыл бұрын
Thanks a lot for taking a natural view.
@GururajBN
@GururajBN Жыл бұрын
"Looks like the patient is in very good health" - good one. But, India was never a patient! I am happy to watch this fair presentation of India's economic health. Kudos to India, Team Modi and to you!
@abhirupsen1747
@abhirupsen1747 Жыл бұрын
Manufacturing needs to have better connect between policy and intent.. that is giving policy support and then taxing heavily doesnt go together. Also petrol and diesel prices should now be deregulated again.
@utkarshjaiswal3741
@utkarshjaiswal3741 Жыл бұрын
Great analysis SG
@magnart
@magnart Жыл бұрын
Thanks. Very valuable to have such information. I particularly like how you used your saliva to turn the page.😊 made you a real trustworthy person in my eyes 🙂
@vedprakashraheja7858
@vedprakashraheja7858 Жыл бұрын
Bahut badiya shekharji hamesha ki tarah
@vivekanandholla6730
@vivekanandholla6730 Жыл бұрын
A lot of the infrastructure development and reforms will take some time to show true value, but it is good what is being seen. Thank you for the video
@tapemaj
@tapemaj Жыл бұрын
Importing crude from Russia at discounted price ought to be attributed to this figure as well . India ought to be inviting big manufacturers from outside , Tesla etc to make cars without too much precondition/ s .
@laoxianmodi
@laoxianmodi Жыл бұрын
Dont want cars. Want lithium manufacturers, giga factories, semiconductor foundries, pharma ingredient manufacturing, etc. For the rest of the things ecosystem will get created.
@tapemaj
@tapemaj Жыл бұрын
@@laoxianmodi Yes , agree with you 👍
@abhinashkumar3161
@abhinashkumar3161 Жыл бұрын
@@laoxianmodi u got the point 👍
@SEBASTIANMARLOW426
@SEBASTIANMARLOW426 Жыл бұрын
❤❤❤
@madhavtripathi6250
@madhavtripathi6250 Жыл бұрын
Nicely explained…. Parallel to CTC you should also have an Indian specific program that’s broadcasted daily on something that is an indian issue that’s affecting the country the most reason being issues raised in CTC are global issues that’s affecting India
@arkabanerjee1627
@arkabanerjee1627 Жыл бұрын
Excellent 👍
@EquitySamjho
@EquitySamjho Жыл бұрын
Helpful ❤
@RamanjotSinghawesome
@RamanjotSinghawesome Жыл бұрын
Very good analysis
@kartikgarg4446
@kartikgarg4446 Жыл бұрын
Thanks!
@ThePrintIndia
@ThePrintIndia Жыл бұрын
Dear Kartik, Thank you for contributing to ThePrint's journalism.
@hariharibolll3459
@hariharibolll3459 Жыл бұрын
bhai jaida paise aa rhe h tou thora madir me daan punya bhi kr diya kro, isko kyo paise de rhe ho , iske tou youtube se pehle hi badiya paise bn rhe h
@NgoloKante-jq2we
@NgoloKante-jq2we Жыл бұрын
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@KelvinBush-oe6lt
@KelvinBush-oe6lt Жыл бұрын
l also invest with mrs Eleanor Royston, she charges a 20% commission on the profit made after each trading session, which is fair compared to the effort she put in to make huge profits.
@JasonYSwift
@JasonYSwift Жыл бұрын
This is not the first time I am hearing of Mrs. Eleanor Royston and her exploits in the trading world but I have no idea how to reach her..
@SandraWells-xm9dx
@SandraWells-xm9dx Жыл бұрын
My first investment in mrs.eleanor Royston gave me the confidence that led me to invest without fear of loss. I have already taken 3 of my friends to their guide and they are fine.
@SinghZahid
@SinghZahid Жыл бұрын
She is really great at what she does with amazing skills, she changed my 0.1BTC to 2.1BTC within two weeks of trading, I am now fully confident that she is reliable.
@NgoloKante-jq2we
@NgoloKante-jq2we Жыл бұрын
You can communicate with her on TELEGRAMS with the user below
@Vader19k8
@Vader19k8 Жыл бұрын
Raghuram rajan - us raat apun 2 baje tak piya
@rameshjamdar1555
@rameshjamdar1555 Жыл бұрын
The first time Mr Gupta has appreciated P M Modi. Good.
@dabhai26
@dabhai26 Жыл бұрын
Thanks
@vedprakashraheja7858
@vedprakashraheja7858 Жыл бұрын
Excellent
@perfectidle4824
@perfectidle4824 Жыл бұрын
have you taken into account inflation while looking at the growth in gdp?
@robpdb
@robpdb Жыл бұрын
Sir please use a nice dynamic microphone.
@Unknown-sh8kw
@Unknown-sh8kw Жыл бұрын
PMI since last two months is coming robust so expecting 7-8% growth in first quarter
@nesterem
@nesterem Жыл бұрын
well done shekhar...what i like about you is you don't criticise for the sake of criticism...unlike other lutyens media like WIRE who do not see anything positive in the last 9 years...!!!!!!!
@dhanjeepandey4252
@dhanjeepandey4252 Жыл бұрын
Great ❤❤❤❤❤...
@neerajmamilla995
@neerajmamilla995 Жыл бұрын
State contributions and rank states ?
@sid7186
@sid7186 Жыл бұрын
Shekhar ji might consider himself as a political journalist/expert... But I've enjoyed his strategic and economics shows most..
@sarabjits7679
@sarabjits7679 Жыл бұрын
A very Intg and logical explanation given by Mr ninan is opinion published in business standard tdy : worth a read. As per him agriculture is contributing more than mfg to gdp. Many other points
@praveenupadhyay4053
@praveenupadhyay4053 Жыл бұрын
Shekhar ji, please ask your team to make graphics and should be shown in 3D image along-with your video so that graphics can remain there for longer period for people to understand.
@ranjitkarunakar6607
@ranjitkarunakar6607 Жыл бұрын
I smile, anti-modi is giving a thumps up for good work done. Atleast proving he is not a hypocrite.
@ThEEqualizer93
@ThEEqualizer93 Жыл бұрын
We Need to make our agriculture sector focused on cash crops more in-order to increase the GDP per capital to middle income !
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