lol true less then 25% acquisition by Mh

I couldn't believe how intellectually dishonest RR was being in many points such as this one. He actually had the audacity to blame the central govt for MH govt's mistakes.

Actual Problem is Congress Not Shivsena, And Raghuram Rajan has Very Good Ralations With Gandhi Family I hope he will speak something about these to them.

Point he's making is about lack of goodwill between state and central governments. There are instances where the central government has been able to secure cooperation from various state governments regardless of party in government in the state. But in this marquee project of the central government, the government is more than happy to push the narrative of MH government holding the project for ransom but the fact is that acquisition didn't happen even during the NDA government in MH. So there is, if I feel, lack of conviction about the project on the part of the central government.

It's all about will nothing matter what problems are. If the BJP can't sit with shiv sena and don't want to sort out their political differences. That's shows BJP priorities towards infrastructure Western peripheral highway messed up in political game but gadkari sort out because he had a will. BJP just want to take full credit of work and blame others for incompetent. It's like my way or highway but in real world it's doesn't happen like that specially in india where federalism structure is there. You need to do things collectively not exclusively.

yeah, economics and politics are intertwined without a doubt but the problem occurs when economists become political. The one thing politics does to people is snatch away the objectivity which is really detrimental to any academic field that is very much needed to be objective.

The time this was being uploaded, the talk involving about India's majoritarianism was being discussed, large scale attack on property, murder and rape were taking place against the minority Hindu community was taking place in neighbouring Bangladesh, incited by the majority radical islamist community there. Its been covered by the international media including new york times and gurdian but I am yet to see any discussion on "Watson Institute for International and Public Affairs"'s youtube channel on that! Any discussion about the situation in Bangladesh given their own opinion that politics and economy is intertwined! We cannot objectively discuss about majoritarian tendency without looking at South Asia as a whole. Its a point completely missed in the discussion, I feel.

Well said👌👌

Muralidharan Balasubramanyam Yes. Well said. But how about the elephant in the room, the Society? In India the "Society" holds the centre stage.

It could be , it might not be. What are you basing ur predictions on?

@@jammRJ his pathetic emotions and motivated thinking .. there is nothing more to it than that

@@steephanroy8461 we’ll see about that. There are a lot of things people like you said will never be done but has been done in past 2-3 years.😌

@@amanagarwal8666 like what?? The only field India is improving is in the amount of poverty that the country has.. India will not become the next China. India will become the next pakisthan . Religion fanatics ruling the country into a pile of rocks.. there is nothing to it. Its vast illiterate population with their buyed up votes will put some clown into office.. what future does the country have? Apart from your emotions... Tell me why the country has a good future?

@@steephanroy8461 the fact that you brought religion and Pakistan here shows your mentality. No point in replying you. Anyways yours or mine comment changes nothing. Let’s see where India is in upcoming years.

This modi/rahul/(insert you fav politician here) fascination will lead us nowhere. The point is that all Governments work with several constraints, including unwilling allies (left in UPA 1), loud opposition etc. One of the principal responsibilities of any party in power is to establish a functional relationship with the opposition. So if the Govt. today faces intractable opposition from some quarters, then it should consider how it treats opposition CMs, parties too.

@@Gerrardforever Spot on! The modi/shah duo have destroyed relationships w/ top notch administrators (see the case of AP/Naidu, and how modi/shah enabled a criminal to come to power and destroy the state, just to undercut Naidu's great work in AP), all in the pursuit of their petty political ambitions.

@@rogervega9846 Yeah, people cast their votes for INR 500, a bottle of Desi, Biriyani and what not, and all you can do is blame politicians and political parties for doing politics? Isn't that hypocrisy? Why demand politicians to be saint when people are ready to sell themselves for such petty things? Look at your own comment, as if only BJP does dirty politics and all other parties are saint. Looks like you can't even comment without prejudices.

@@ahamasmiarinm Two observations on your reply: 1. Yes - the people are to blame too - but you seem to want to give a pass to the corrupt leaders (both bjp & Cong and others) 2. Nowhere did I state that bjp is the only party that does 'dirty politics' - all of them do; in fact - it's you who's being hypocritical by essentially stating "well, everyone else is corrupt, so it's ok for bjp to be corrupt too" The question is: are you willing to accept that modi/shah are also corrupt, just like the Gandhis and the others? Or, are your loyalties so blind like the rest of the modi-bhakts?

@@rogervega9846 Dude, don't try to hide your prejudice behind fake neutrality. I said nobody is saint, that doesn't mean I equated Gandhis and BJP. As a matter of fact, no sensible person can do so when the Gandhis are actually out on bail. So, stop drawing false parallels, it reflects dishonesty on your part. So, in conclusion, NaMo/Shah is no saint, but one can't draw a parallel between them and the Gandhis when it comes to corruption. Gandhis are way more skilful in that regard. Regarding your comment on blame game, politics and politician are to blame for sure, but Indic culture always tells to look at one's fault first and only then point fingers at others. If you believe in Indic culture, you should have no problems with that. Same on your question on loyalty, fix your own first before you question mine. You have no idea what I am, what I do and what I have done for the country, so better build some of your own credibility before you ask about others, else it would be embarrassing only to you if asked about it.

Jai shree ram. We are already shuperpower airrr

Thanks from India.

Thanks brothers and sisters from Srilanka.

I feel sorry 😔 Sri Lanka fell into China's debt trap

@@sumukhshirodker Still richer than India.

@@ishaansengupta4122 No, They are in a ECONOMIC CRISIS they will fall

He was just stating hard facts, which are not sweet to hear. Thats the truth.

I hear more of political RR than economist RR…

@@ckakunje RR now has vested interest with Congress party and Gandhis, so you can always expect this from him, a political RR rather than academician RR. His public speeches are just reflection of his biasness.

@@pragyanshsingh6093 what are his vested interests in congress ??

@@PK-tt5kk He's part of every Congress project, creative horrific scheme like NYAY in 19 etc.

@@PK-tt5kk the supporters of current regime want to impute motives on RR. Fact is, RR became scathingly critical of govt only in last 2-3 years. You can read his piece on LinkedIn written around that time - that was the time when he stood up and voiced his opinion in such a harsh tone. He had never done that before, & was pretty neutral towards bjp as well.

I'm genuinely curious why everyone here is against the co-existence of the political arguments in the economic discussion?

@@hemantsriv2883 Because they support the BJP - isn't that obvious?

people are ok to criticize and give honest opinions.They are just here to rant govt which is democratically elected by people of india. For eg raghuran told modi is getting all praise but in reality he is just building ram mandir and etc.Which is completely untrue.If he had given genuine criticism and where govt have done wrong.and what to do make it right.People wuld have taken it in positive note.Prob with govt criticizers is they think everyone who support govt is uneducated ram sena ppl who is just voting them for ram mandir.Until they open their eyes and hoestly if they involve to build india instead of just ranting ppl wl not start thinking outside Modi.Dont forget these same ppl voted for manmohan in 2004 and 2009. Respect people and try to understand them

RRR could vying for being deputed for PM's post in UPA3

Leftist people no matter what the program is about always use it as a political toll.

I wrote this in another comment. You are confusing RR's role here. He is a discussant, who is supposed to be a critic of the paper (presented by Arvind Subramanian). His own presentation/ analysis can be seen here kzfaq.info/get/bejne/Zpylm8il08W0ZYE.html

ccp's han majoritarianism is much more vicious than India's hindu nationalism. But very few talks about that? Indeed, not enough is being talked about the pakistan and especially bangladesh's quite decimation of minority, Hindus in general. On the other hand I see "Bangladesh's success story" is being talked about. If you have to talk about majoritarianism, I think you cannot ignore pakistan and bangladesh and talk about India alone. That gives a very narrow perspective.

He has became quite political these days.

RR infected with supremacy syndrome, he now understands how the banking can be run. He is totally shocked, the things he left and how the Modi government was overcome.

This is bound to happen when your political biases outweigh your knowledge and experience.

In fact, check your own biases guys - aren't you all assuming what the govt and their pliant media is saying about the economy to be true? The FII surge has nothing to do with how the govt has been ignoring the economy - to the point that GDP figures are fudged and unemployment figures are not revealed officially

@@brendonbuthello You are naive if you believe in the govt. We get our data about India from independent sources. This is why we can tell that RR is being super biased and intellectually dishonest.

I agree. The favoritism is getting a little out of hand.

@Prasad Ganesh Blind bhakti will definitely like 2A phenomenon.

Absolutely..👍 this was the first thought came to my mind when I was listening to RR

Clearance dilay dada magchya 2-3 weeks aadhi. RR yeda nahiye purna mahiti ghetlya shivay koni bolat nahi. Aani delay clearance mule nahi tar economy mule zalay.

@@shinde5266 dada RR sudha maanus aahe, kaay dev maanus naahi ki chuki ch naahi bolu shakat. Nobel Prize winners sudha chuki che tharle aahet mang haa tar fakt RR aahe. Bdw not doubting RR's capabilities or credibility but he too can be wrong. Aaaplya khup waatla tari Prathamesh Khara boltoy, Gujarat Govt ne 95% acquisition kelay maagcya 3 varshyat, and on the other hand Mahrashtra govt che 2 yrs zhaale aahet and still less than 23% land acquired bdw again adding on this, under Fadnavis 17% acquisition was already completed thus the New Maha Akhadi or whatever the coalition govt. of NCP+ss+cong. only did something like 6% land acquisition after Fadnavis. So, conclusion RR may have read that there is delay in Project but he has either not read the reason or he may have deliberately not raised the reason, after all he is a human and being human he may have a feelings and thus grudge against BJP govt. Chuki la chuk and kharaa la khara bolay shika !

Not to mention the metro project which was delayed due to aarey protest nonsense is now costing more in terms of money and in terms of the environment.

Only big announcements,big talk ,pl give some factual achievements, particularly real economy and don't count on financial economy numbers in this post covid limitless money supply world.

I strongly agree. A case in point: Big news coming in today, India has left a total of not one, not two, but FIFTEEN countries behind in global hunger index. These libtards will never give credit to Modiji for such achievements. It shows how hard work is more important than Harvard, Brown and Chicago Booth combined.

@@krishansharma2740 its not just big annoucements ..what they say they also do that on ground level for example last year india got 80 billion dollar in FDI and incresed spending on infrastructure

@@noirdezzir8424 😂👍🙂

@@noirdezzir8424 Knowing the headline doesn't make you an informed citizen, and having a degree doesn't make anyone intelligence. I'm not here with any preconceived notions like you; instead, attempt to cultivate a mindset in which you can consider all possible outcomes and make an informed decision. For your knowledge, being liberal entails maintaining an open mind and representing all points of view. Simply stating "I'm LIBERAL" is the bare minimum RR have done to be held accountable.

Raghu is no doubt intellectual but biased as well

Bullet train project is good as it is funded by Japan more than Indian government and with 0.01 interest for long term they will be thinking India is a bad place for Fdi Japanese companies thinking Indian democratic system being problematic which is sad. Opposition didn't protest on important issues but good policy like farm laws bullet train infrastructure industries and job givers like Tata ambani who contributed to 10% of Indian gdp etc which I get angered farm laws can help farmer think from 75 years they are suffering .

Farmers are regularly income less and lose money from same surplus crops like when I put tomato crop for 1 acre thousands do the same and invest in it 2 lacks for 1 acre but because of surplus rate goes to hell and 2 lacks of farmer is gone to mud billions of money going to mud which is painful but contract farming which gives insurance to crops from money lose and competition will be huge agricultural exports can be done etc but farm laws needs slight amendments.

‘Intellectuals’ also end up being biased to institutions that shaped their intellect. If in Western univ, left liberal western orientated ideology is what governs your mind inevitably and subtly.

@@vinjed in that case those are not true intellects. True intellects will speak and recognize truth even if it goes against their closely held views.

Good that we are not learning from these propaganda machines. What are they good for anyway? If we really want to learn rather I would prefer to invite Chinese economists working for the Beijing to educate us. Clearly they know a thing or two about how to develop a poor country.

​@@palashpalash1717It's a debate. You have the right to oppose the other side. If it's propaganda, bust it. You have full freedom.

Ha chodu, RR is same intellectual who destroyed the Indian economy in UPA era

@@bv6168 thanku bhai for your good address too me " ha c****". God bless you and your tribe. Keep using such words for everyone and hope you would be using such words for your family members and they would be reciprocating in same language and manner. Go on quite a good manner building... thanks alot to your family and teachers for such a good socialization and teaching they have given to you. Say my love to them... 😂😂😂

@@bv6168 I am little weak in such vacub... hope next time you would use some standard ones..Love you 😂😂😂

@@manjeevvishvkarma3575 the use of expletive is uncalled for, though his frustration is justified. RR's political expression started after the NDA government came into being. He was very reticent in the previous regime, though massive frauds were being perpetrated right under his nose in the very department he was appointed to manage. His behaviour was, I think, more dictated by his slavery to his original apppointers.

Every barrier was put against India by the WEST, over the last 300 years, for her to not get prosperous !

I think you misunderstand that these two economists are living in a bubble in the US. Also Raghuram Rajan seems to have some personal disappointment in current regime so that’s reflects in his views.

I am really disappointed by RRs lack of objectivity. At one point it seemed he was giving a particularly divisive political speech at a political rally only in an international forum.

Minority does not automatically means oppressed or does it...

@@rohitkashyap7476 definitely not.

Absolutely.

That is exactly why Modi decided to discontinue him as RBI Governor... He was deliberately sabotaging Indian economy... I mean just look at his blind political rhetoric. 🤦‍♂️

@@anujthakkar9172 Either deliberate sabotage or he was just plain stupid for a supposedly intelligent guy. No govt could have put up with his antics of commenting on every single social issue (remember his intolerance lecture). RBI governorship is supposedly a quiet, technocratic job. Not a springboard to political stardom. Das is doing great now.

100 ,%.

Yes demonetisation gst are great examples 😂

So much so that they have to fudge GDP numbers and use a different calculation method and also hide unemployment data and other important metrics...Kudos

The audience-at least the vocal amongst them-were pathogenic critics of BJP/Modi and were incapable of a reasoned and balanced understanding of the current situation. Ashutosh Varshney, the event organiser, was almost hysterical. His hysteria would put Imran Khan -Owaisi brothers to shame!

@@bharatpandit4796 Almost 90%Pandits are Modi blind Bhakts. Where logic does not work. You are one of them.

@@parmodgupta9864 Almost so called reasonधारी ....केवल भक्त को पहचान पाते हैं ।

@@parmodgupta9864 You are doing exactly what liberal proclaim others do -- stereotyping and labeling.

@@parmodgupta9864 good point

The govt?

OF COURSE IT IS THE BJP, WHO STOPD THESE TWO INTELLECTUALS FROM. SOLVING THE ECONOMY OF INDIA. WHAT DO THESE TWO UNEDUCATED GUJARATI BANYAS MODI N SHAH KNOW ABOUT ECONOMY. MODI WAS A CHAIWALA N SELLING PAKORAS. AT THE RAILWAY STATION.

@@hyd916 So does the constitution of India say that Chaiwaala, pakorawaala cannot be PM?

For a PM aspirant in UPA3 RR is doing a decent job of ceasing opportunities when they pop up!

R u a bhakt?

@@desi_anarch nope, but I like logic and analysis of data and have eyes and brain and can tally what both the wings say and have studied economic history of our country and world quite a bit as an econ major!

They should stick to their expertise, I think. They comment abrogation of Article 370, Hindu vs others. Why? to happy their so-called earlier Indian employer during RBI time.

NPA was always there. He made it hard to hide by making sure evergreening doesn't happen.

Utter BS Mr. Stooge!

@@robin4uonutube Typical.. When cannot argue on facts, call names.

Whatever you are alleging applies to you not RR.

@@parmodgupta9864 if you trying to get back, the least you can do is being sensible!

RR wants to be the FM when next UPA govt if they ever come to power, He is trying to follow career path of MMS.

AS is a spineless sycophant though right about a couple of things.

Economy is linked with politics. RR is right here.

@@yahiyafirdous only commenting on Rajans bias and therefore whether he is credible.

@@yahiyafirdous article 370 was temporary and article 35A was added in 1965 way later and it wasnt included in 370 earlier

Both are easy-going people, They can not contribute to the physical world.

Bhai tu bhi tagda economist lgta h mrko inke bina devastated ho gyi ya ya fr andho m kana Raja ki bajah se Bangladesh is far batter than india in these days

AS presented a paper and RR is the discussant - do you think the govt is listening here?

@@brendonbuthello what makes u think govt is not listening?? For a fact i know people from PMO listens to all economists and prepare a report.I know bcoz one of my family member works in PMO

Rajan has appreciated IA disinvestment.

He knows more economics than your whole generation

@@sumandeepguria6307 atleast he is not a colonial slave in mind. He comments for indic Indic civilization.

he literally wrote a book before 2008 financial crisis ABOUT THE FINANCIAL CRISIS.

@@mihirrao9537 perpetrators would know when shit will happen.

@@sumandeepguria6307 he is but he is unnecessarily malding at the government at an economic conference where people where looking for data based analysis

Well social harmony is very important factor. People's happiness and optimism are related and current government is not doing enough for that.

@@bladerunner005 ha commie sahi keh rha hai tu.

I am really disappointed by Raghuram Rajan's lack of objectivity. At one point it seemed it was reeking of political netagiri, like a particular divisive speech in a political rally. I think this type of turn in academic discussions lowers the trust of the common people on academia itself. I fear that people will hear this discussion(freely available on public forum) and think, "okay even in academic discussions, I cant escape party's political narrative. Because Raghuram was the rbi governor on congress era and was denied extention by the bjp govt, his discussion will lose objectivity and will be self contradictory in an international forum" It was dirty I feel. The chair also had a predetermined agenda which was headed by Ashutosh Varshney, the political science professor. The reason to believe that is the questions by the students also towed the same line, which point to the fact that the direction was set ab initio.

Rajan is a fraud. Plain and simple.

@@gunner. haha ... u r fraud

Subramaniam litreally highlighted every good and bad aspect of the Indian economy . Wtf are you on about ? Rr was being purposefully disingenuous

@@daddydeadpool9871 have i said anything bad about him ? .. I am only responding to ppl who are trolling RR for his political opinions ...

@@ameychalke its not about that but defending the upa wasnt expected from him! and talking about majoritism wasnt the upa always doing minority pleasing , doesnt that undermine the secularism when you completly defend a certain community

he was not fired. he completed his term. he was not given an extension.

@@user_ar6332 I was being rhetoric

He was Chief Economic Adviser till 2018...the times coincided with GST and demonetization, which he has criticized but he does not believe politics drives economics whereas RR believes so. I think RR is right here coz the present dispensation have no incentive to think economically other than the patch work they are doing presently to remain in power.

He is nothing more than a WESTERN stooge, sent in to India - solely to profit wall street and American corporations.... Ditto Rajan ! These Western trained folks, are sent in to India, to control, to gain access to Indian markets for Western capitalism. Too late, we are already doomed to be a neo-colonial state of the WEST.

Because now it is centred in the hands of few people instead of all - Demo crippled the informal economy but the rise in cash flow has not trickled down to them. They lost their businesses within a couple of months because it was a knee jerk decision.

@@ShivPratapSinghgurgaon and then you see that real estate transaction have been historically low between 2018 and 2020. So your point doesn’t add up. Add to that, we should realize that biggest growth in cash in circulation happened post Mar 2020 lockdown… there were hardly any real estate transactions until sep2020. It reflects its because there was a huge increase in preference to cash amongst informal sector of the economy and some kind of hoarding also happened.

He is not like Modi. He damn bother about next term.

@@parmodgupta9864 he cant b like him...he is just cynical.. pessimistic

Neither He nor Mr. Manmohan Singh has no face to show. If RR is good enough he will continue as RBI Governer in Modi Government. He saved his skin.

This perception that govt of india is anti Muslim is wrong.. we all believe in inclusive growth. Also goi hasn't discrimnated against any minority.

@@harishwaila Raghuram Rajan's tenure ended. Before criticising Manmohan Singh, think 100 times what happened in 90s. He is still in India .

@@subhasishmaity5509 he brought the economy to a disastrous position leading to us mortgage our gold and go to IMF for bailout.

@@subhasishmaity5509 Manmohan Singh is a good economist but a bad leader. He opposed Pranav da sharply in the parliament on retroactive taxes but Pranav da went ahead anyway 😅

The fact that you can so effortlessly equate an unknown (quantum physics and spirituality) with a known (economics and political science) shows who should refrain from giving advice to "half-wits".

@@indusanon33 There was no equation of that sort. The second last line was precisely to convey that. I'll repeat not because you are a half wit but because I am a good teacher. Merits of academic sort are hyper specialized feats. So, when Raghuram Rajan has a degree in economics, I would listen to him on that subject. On economics, his credentials hold a lot of weight. But because all of this is hyper specialized, his ideas on things other than economics (like politics) are NOT of the same standard as those on economics. Again, to repeat, an ace tennis player will remain an ace tennis player and not become an olympic fencer by default.

@@JD-rd4pk You are over estimating the value of a qualification vs experience. As someone who has been an RBI governor and worked closely with politicians/leadership across the political spectrum AND in a land where economics and politics literally go hand in hand, I do think his opinions/views hold a lot of merit. I do get your hyper specialization context but point to note is after a certain hierarchical level within any organisation , such specializations cease to exist and the person has to leave the confines of their own academic training towards a more holistic understanding of an issue - which is precisely what Raghu is doing.

@@indusanon33 That is one way of how things could be. What you are now seeking to define is the role of a RBI Governor across domains - this is by ripple effect of economic policy of RBI, not by constitutional design. RBI is a huge office. And an important one. The Governor's role remains largely political. It is more so the Chief Economic Advisor who chips in to bring to notice the economic side of things on other matters. RBI Governor's role is very well defined and a lot of it could be carried out without meeting any politician not in power. In fact, I do not reckon a need to meet anyone beyond FM and PM. Chief Economic Advisor's Office is a different thing wherein still only key ministers would be required to consult with. An interdisciplinary decision comes out of a congregation of experts from a variety of domains do not necessarily need an interdisciplinary person. The economics expert might give a value based on maximizing economic output. To which the Minorities Affairs expert might highlight socio-political impact of that value and hence, suggest values that maximize welfare at the cost of economic output. This negotiation and back and forth does not make either a reliable source of the other person's domain. So, Raghu is simply off the rocker. He has neither experience nor qualification to discuss anything politically. Maybe the employee benefits but seeing him in Chicago does not seem to paint an unfavorable picture of the benefits.

@@JD-rd4pk I think your points are true and fair from the perspective of a quantitative field of study such as STEM and not of something in the nature of politics which is by and large extremely subjective and hence qualitative. I would like to know who you consider as an authoritative voice in Indian politics and economy. I guess that will allow the discussion to move forward more constructively.

Indian universities are busy sucking up to the joker

regime change operation going on .. efforts are to make india again a socialist sh$$t hol%

@@umeshg9107 Jamia?

@@itsover9008 no not jamia or JNU engineering

@@umeshg9107 Can you name which university is sucking up sir??Please feel free to share names

No. He didn't hide the debt. He was the one who exposed it by ordering Asset Quality Reviews and placing banks on PCA. But I think he took the secular propaganda seriously, and that created problems. And also, he liked limelight, that was not appreciated by the government. In short a personality clash.

You are talking about clasification of loans based on Standard 1 &2 and NPA...based on servicing of loans in 30 to 90 days duration, I am talking about , Banks false reoprting of debt and covering up the bad loans by giving further loans to service the loans....this went on till 2015-16..He was aware of bad debt...but waited for governement to change before raising his concerns.....remember, he was Chief Economic Advisor ......prior to becoming RBI governor. Banks started reporting truthfully only in 2017...after several top management people were probed and some removed. The bad loans were more than 15 % of the lendings.....I always felt he was part of the problem

@@MrMaddss123 And check the NPAs that surged in 2018 and 2019 - all in those two years...even that by the previous dispensation?

@@brendonbuthello I am not at all disputing about disclosures as late as 2019, especially by the private banks, the disclosure is to do with certain accounts becoming public knowledge to do their large borrowing from several banks. My point of view is, books of accounts dressing was perfected and with conivence of UPA governement, and with RBI becoming Dumb & Deaf. RR could never put banks under scrutiny ,only when the bad loans crossed over 15 % of the loans did he wake up. The major changes effected post 2017....will result in better banking in next 2 to 3 years......Banks are not out of woods, but are on the path of recovery. UPA & RR were both fraud .....the present disposition can be blamed for trusting the rusted system.....and not going hard to clear the muck.......RR & his successor played games with the central governement on useless discussion about growth Vs Inflation control...via monitory policy ,while banks languished with bad loans. The presnr RBI governor has done yomen service by keeping the policy and regulatory duties on low key while undertaking solid corrective measures.

@@brendonbuthello Disclosures in late 2019 in fact, show that the current govt was able to find the hidden debt which was NPA. This govt was successful in outing the hidden NPAs and thus allowing reform and improving credit.

Now tell me you are a modi fan and superstitious. That's where your comment is coming from

You mean to say instead of fixing it he just gave anesthesia to suppress pain for couple of days?? and you call that as great work?

Even if he is not neutral, that doesnt change the fact that lot of the data points he is stating is correct. All the negative data points are just hidden by the BJP gov. look at the data from NSO on employment. the gov just hid it. Also gov has stopped releasing many reports.

@@PK-tt5kk no one's saying BJP is right here, AS also presented and criticized govt wherever possible, his criticism isn't result of his affiliation unlike Rajan.

@@pragyanshsingh6093 AS is pulling his words back because he was the Chief Economic Adviser from 2014 to 2018 - he knows the economy is in doldrums but he cannot keep criticizing the fact because he was in fact responsible for multiple policies himself. He differs with RR for the simple fact that one thinks politics drives economy and the other thinks vice versa. AS also thinks that the economy paralysis has trickled down from prev govt, which is partly right but not real in terms of the extent of the problems visible now

Our economy has been literally down in the dumps. It is the govt which is at the core here that has messed up our growth. FDIs are mostly streaming in because the country has huge resources that are unused and other countries are leveraging it, benefitting us in the process. It is a bailout from the wretched economic scenario that we put ourselves, thanks to this govt

@@brendonbuthello I don't remember when was our economy not in a dump ? In 2010s ? In 2000s ? In 1990s ? In1940s ? In 1800s ? Or even before that ? If you say that we grew very fast between 1990 to 2010, then I would suggest you to consider it again. It was a dump as well. With the amount of population and resources we have been growing very slow, moreover the little acceleration we saw was also because of low base of 1940s to late 1980s, as our economy was closed and it was suddenly opened after 90s. Which government has performed exponentially ? None.

Are you serious ? Is there anything unfactual that he told in the video? Going to western countries us disloyalty then many of the Indians who got global recognition for india is disloyal. Also before going to any other country he served as rbi governor in his home country and the economy was lot better . The western countries would not hire anybody like that with out having any credibility. The fact is people are so carried away by the propaganda of bjp right now that anybody who criticizes them becomes anti india western sympathizers. Note. I have been looking upto bjp earlier , thought it would bring good changes to indian development. But it failed. And you have to accept it.

True ,experts in western countries normally talk from their expertise only, but our experts are confused in dualism. Want to be truthfull but want to give a photo wearing a hat of their political identity. They may have considerable personal advantage in doing so . What they seem to say is uplifting the country with inclination to somebody is sinfull, but not doing any thing is pefectly alright🙂. That's the problem of experts ,but so be it, reader knows what he is reading ,hearing and what is implied and where it is coming from. 🙂

@@elena537743 not it didn't lmfao , rr is sour grapes over the fact that his ass got sacked

Well said. May be we should have a law to not appoint foreign citizens in government positions! They don't have any stake and once term is completed they return to US. So better to have people who are going to stay back in India - e.g. Urjit Patel is preferred over these two!

Everyone should be treated the same. The BJP also knows they aren't going to get any votes like this.

That was well spotted; it is really important that criticism - positive and negative both, whatever amounts to constructive criticism - should filter down to a wider cross-section of the population. These public discussions will become significant to the political hinterland only when the number of people involved is significantly higher.

then earlier there was minority pleasing!

@@meetpremchandani3531 exactly

Indian economy still hasn't recovered from the downfall during covid. Economy fell by 20% during covid in a quarter - it was highest fall in the world. In last 2 years our total aggregate growth comes to 0.25%. Means if our economy was at 100 rupees two years ago, you crash it to 80, and then while recovery happens you claim - look 'high growth'. And today after 2 years it is at 100 rupee 25 paise. We should have been at ~110 by now. Growth rate had come down to 3% even before corona. Eight consecutive quarters of continuous decline, every quarter growth rate fell for 2 straight years. Even Bangladesh has overtaken us by over $200 per capita.

Totally agree

@@sanchitjoshi5691 totally disagree

@@anwarhosain2498 I am not expecting you to agree either..😂😂

Only a fool would separate economics from politics especially in India. RR's were insightful to say the least

@@Neuralbench And only an economist with zero scientific facts to back his viewpoint would depend on conjecture and emotional appeals to make their case. Raghuram Rajan clearly had only emotional pleas to make. The organizer and the leftist guests were all emotional, while Arvind was being replete with facts and data for his every point. Sad to see Raghu's slow descent into politics.

You know he is lobbyist to congress and democrats. Biggest anti india elements

😂😂😂

Its called leftism

RR was the discussant for the paper...and politics is the biggest detriment to the economic policies that could save India. Obviously unsavoury for the supporters

@@brendonbuthello I voted against Modi twice but RR is clearly off the rails political here

@@perspective500 oh you didn't

@@dhruvahlawat9028 are you claiming to be able to read minds through the internet ?

Oh c'mon. That was rhetorical 🤦

Software is not created in one or two 5 year terms of office. It is a long term project. It has taken INC sixty years to damage and degenerate the software.

These two sick gentleman must take a break. They are exhibiting knaivity of high degree They have no clue about real economics I am impressed by observations from other commentaries These people have no inclination to delve on financial infrastructure which was in a mess I am someone who has seen things from close quarters. Would like to take on these guys someday Jaihind

He is a hater and

IF you had listened to him for the past few years, you would have realised that he criticized the 2009 UPA govt for the same. He pinpointed towards India's PROBLEM OF CRONY CAPITALISM

@@sakshamsanwaria7486 Indian government is biggest example of crony capitalist

Butthurt...

@@sameeringale7865 Well he clearly is butthurt🤣after his tenure @ RBI was not extended. That is why he went on this 1 hour "rant" based more on "feelings" and propaganda than on concrete data.

Economics is not science. All economists get it right at most once in life, that does not make them Gods. Look at what he says from his political perspective and ignore him.

It's a bad luck for India who are unable to retain the intelligent expert for country development particularly for Modi Government.

@swastik mishra I believe the same in his tenure, economy was way worst.

moron india is a poor country tha's just facts. All this politicians is bleeding us dry. Wake up BJP or Congress are all the same when it comes to development of the people and the country.

@@stalinsampras How poor is India? What is the percentage of middle n upper middle class. Poor maybe in some part of infrastructure. R the poor dying without food? India has a good welfare system where the poor gets ration n 150 days work per year. 3+ trillion economy with the 4th largest reserve. Maybe the new morons with old mindset. India sells n donate rice 2 other countries including china. Richest asian with about 150 billionaires. Also in the 100billion club.

​@@subramaniam9749 Are you for real? Your concepts are all over the place! Poverty isn't restricted to people dying of hunger. Please read up on the fundamentals Tendulkar Committee, Ranagarajan Committee and SECC to understand the dynamics of poverty. Also please read up on exports..India wants to move away from the exports of basic commodities such as rice into Fruits &Vegetables and other commodities which fetch better returns. If you manage to do some further reading, then you will see that by exporting rice, we are exporting fresh/ground water as well. and the count of billionaires!! seriously!!! have you ever heard about the gini coefficient?!

@@Gerrardforever The Indian exports r growing. Forget about all he outdated data. So how do u define poverty. Is yr rating the same in other countries like china n some in US. Which state of India has the highest poverty level. Can u give a breakdown. Is the govt doing the best 2 upgrade the underpoverty line? Selling rice is selling their water, good imagination. Fruits from other countries sold in India contains their water. They r not aware of it. How many cell phone users n cars, 2 wheelers in India. R they growing or standstill. What is yr remedy if u have any 2 eradicate n reduce. India is in the right path as the govt has plan 2 build houses 4 all.

@@Gerrardforever India will not stop export of rice, veggies n fruits 2 other countries as there r millions of Indians outside India will chose their country products. From US 2 N.Zealand. India is also moving on manufacturing as more MNC r coming 2 India.

Tell me a country which have inflation rate lesser than india right now?

Do you think it was done on purpose??😝 All said and done, in the absence of a 'prepared' rebuttal, RRR did take to his BJP Bashing stance. Maybe that was what was intended by AS !!🤣🤣🤣

Not worth conjecturing. I came here to hear the 'Gurus' on the topic but . . . .

@@pramods3224 same here.

Get well soon...your own biases do not allow you to listen to the discussion itself, instead targetting the critics without talking about the discussion itself

LOL

RR is hoping Congress will come back and he will be made the FM... Just like we see a future PM in RG (forever), we now have a future FM in RR 🤣🤣

This piece of guu wants to be Next Finance minster in congres 😂so he is bootlicking

Farm reforms were bound to encounter political objections. The government needed to have broader consultation with states to enable progress.

@@mohitsatyanand Every state was already informed, Farm Laws are back firing only because of misinformation and power flexing of JATS.

same thing came into my mind...when foreign company brought jio share ..that money is used to repay loan t bank which indirectly helped banks balance sheet and can give loans to more people now and reliance is now even investing in green field factories for electric segment ..RR here very biased

Supporting business tycoons is the need of the hour. Tesla and Apple are going to shift to India as their primary manufacturing hub.

We expect more economic growth during a stable Governments than fractured unstable Governments with remote control ! Which happened during UPA-1 & 2 !

The Government formed by majority community’s is stable and they know the development of the country lies on both communities development .Therefore Sabke sath Sabka Biswas is the slogan of the Government!

PLI scheme, skill India mission, high govt expenditure and gati shakti are primarily to address these things imo.

Unfortunately, K V Subramanian, is also leaving,... leaving strategy in the hands of Sanyal et al... BTW there is very little money left in the kitty... AI was indeed a fire sale... with a 'last ditch' Tata Sons taking this more to restore J R D's one and only unceremonious firing by Morarji Desai after the former was made a scapegoat after then AI disaster due to pilot error... J R D was very hurt and went into a lifelong sulk... Tata Sons is very highly leveraged as it is, what with almost two years of the pandemic... Rs 2100 crores out of a total rs 18,000 cr acquisition minus the real estate with a 46000 cr future asset purchase with Boeing... Let us hope they don't go down the Sahara route... and should bring in a dynamic airline CMD from abroad... incidentally Yogi Deveshwar is no more... How ironic that the late Madhav Rao Scindia had wrung in the changes in the 90s for AI and his son is the MOS during the final transfer...

You think the govt doesn’t have a strategy. Have you not been reading newspapers and watching the policy pronouncement. In fact there is too much activity and execution. Suddenly even Air India sale is being reevaluated by you guys. Are you serious ???

@@SomnathMazumder370 just wondering you are not ex PEC or IIT DELHI???

@@Ak-ue2yq may be we need to figure out difference between policy, strategy and tactics. this Government has none of these only doing what appears right at any given point in time

Only few companies are doing well. Lot of MSMEs have shuttered.