Budget 2023 EXPLAINED in 20 mins in SIMPLE WORDS : Economic case study
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VIDEO INTRODUCTION:
On 1 February, 2023, Finance Minister Nirmala Sitharaman presented the Union Budget of the Modi government to the Lok Sabha.
To explain the budget in a nutshell - Like we do financial planning for businesses or for households, A Union Budget is the financial blueprint for India. It outlines our expected revenue and expenditure for the upcoming fiscal year, (april to march) after getting estimates from every department like railways, defense etc about their predicted expenses, based on the previous year’s performance. Lets understand this!
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✅Study Materials:
Key stocks
www.icicidirect.com/mailimage...
New Tax VS old tax table taken from Indian express
indianexpress.com/article/exp...
Basic terminologies
www.jagranjosh.com/general-kn....
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#budget2023 #unionbudget2023 #businesscasestudy
#thinkschool #businesscasestudy
@ThinkSchool Жыл бұрын
✅Study Materials: Budget related smallcases. Study their blog posts to not just to invest but to understand the impact of govt policy on key stocks! Green Energy Smallcase: link.smallcase.com/gxqSgaUtRhb Electric Mobility Stocks to invest in: link.smallcase.com/EtFWl0avtib China plus one strategy: www.smallcase.com/smallcase/c... All weather investing: link.smallcase.com/5KpDHluaSqb Dividend Aristocrats: link.smallcase.com/5uCI5TxaSqb Key stocks list www.icicidirect.com/mailimages/IDirect_BudgetReview_2022-23.pdf New Tax VS old tax table taken from Indian express indianexpress.com/article/explained/explained-economics/union-budget-2023-fresh-pitch-for-overhauled-income-tax-regime-with-a-sweetened-deal-8418741/ Basic terminologies www.jagranjosh.com/general-knowledge/important-glossary-related-to-budget-1474374163-1#:~:text=Budget%20Estimates%3A%20It%20is%20an,the%20income%20received%20through%20taxes.
@DeepeshsoniDSoni Жыл бұрын
Great effort and content, one suggestion on the tax section you missed HRA which have a very imp role in old tax regime.
@arpitmandlik1312 Жыл бұрын
There is an typo 2023-34
@sagnikdebsarkar169 Жыл бұрын
Update video on Adani rebound ?!
@prashastmishra7822 Жыл бұрын
@@arpitmandlik1312 I was about to say that too
@freddienaga398 Жыл бұрын
Could you please share a video on how to save taxes as per this new model for a salaried person. Thank you
@kailashsharma2952 Жыл бұрын
Hey Ganesh, You are not CA or MBA but your knowledge and research are great 👍 Sooner this channel will be India's biggest education channel
@One.Stop.Backchodi Жыл бұрын
World's larg6
@param5396 Жыл бұрын
it is already ❤
@vaishalirama Жыл бұрын
Is it 😮 I thought he is an Auditor
@priyanshunandi5917 Жыл бұрын
He is mba
@Jay_Kay__YT22 Жыл бұрын
When will Indians understand that degrees are NOT important, it's knowledge which is. Having a degree doesn't mean you have knowledge!!!
@harshgada4325 Жыл бұрын
Nobody has explained tax slabs better with such comparable examples... You are superb...!!!
@TheSomeone087 Жыл бұрын
Ankit Agrawal is better on economic topic if you can easily understand Hindi.
@akshaysurve7083 Жыл бұрын
In the era where everyone is trying to pose their opinions, providing just information like pure gold ❣️
@Kdm-cc 8 ай бұрын
Expressing one's own opinion cultivates better opinion that has a potential to solve real-time problems. Without reasoning better opinion can't be shaped.
@aakash0121 Жыл бұрын
I really liked his neutral perspective and let us decide whether the strategy is good for India or not. This is what we need to educate us.
@GeniusAjinkya Жыл бұрын
Well being a CA student, I can testify that tax rebates are definitely beneficial for country coz 1. It gives more discretionary income to lower income class, thereby increasing their purchasing power because of lower taxes. 2. Moreover, when taxes are reduced, the number of people paying taxes increases as is proved by laffer's curve, as when taxes decrease, people are more willing and likely to pay their taxes and not incur tax evasion. Thank You
@Rohan219Chavan Жыл бұрын
laffer's curve- something new, I have learned today.
@santiyago19 Жыл бұрын
Now as per new regime minimum amount of tax one can pay is 26000. Old regime it is 12500
@dezperk1455 Жыл бұрын
I think there might be some other hiden reason behind it. But what u said may also be correct as I couldn't think of any other reasons now
@thatpulsarguy Жыл бұрын
@@santiyago19 as per old regime, one could only save 5 lakhs, fully exempted from tax, whereas now they'll be able to save 7 lakhs, fully exempted. Old regime, above 10 lacs, there was a straight up 30% tax rebate which never made sense, new regime is split and makes more sense, is more lenient and not confusing as well. Earlier people used to fear income tax, now they'll slowly move towards paying the taxes. Kindly look into the whole thing and then analyse.
@thatpulsarguy Жыл бұрын
@@dezperk1455 i just think govt. wants to provide the common man with cash in hands to be able to buy things, which directly indirectly affects the GST collection, contributing more to the country's economy. This might be done to balance the current global inflation.
@radiant01 Жыл бұрын
As a UPSC Aspirant I surely say that this is the excellent explanation of Budget .... THANK YOU Think School Team
@shubhamsandilya Жыл бұрын
Pehle pura video to dekhle video Dale 20 minute nahi hua aur tune dekh bhi liya
@anujgoel6014 Жыл бұрын
I like how he only shows facts and leaves the opinion part on his audience.
@noopurp123 Жыл бұрын
@@shubhamsandilya Video was uploaded 53 minutes ago (as of writing this comment) and he posted the comment 22 minutes ago...you should refresh the youtube page to see the times accurately instead of the commenting dumb things...youtube does not update the time since video was posted in real time unless the page is refreshed...
@devannnn7204 Жыл бұрын
Exactly 💯
@gm-so2ld Жыл бұрын
Fellow UPSC aspirant too
@knownow7335 Жыл бұрын
As a commerce student, i can definately say that the way he explained every technical term was spot on!! Got some deeper insights into tax regime this time! Thank you so much Think School Team for such dedicated efforts!🙌🏻
@tirthrajvyas3149 Жыл бұрын
Now my desire is to watch our finance minister to announce a budget like this. Thank you for this wonderful information. I appreciate your work 👏👏👏
@palaniappanalagappan5054 Жыл бұрын
Wow, "not giving an opinion and just for education" really the words I expect from all education channels on KZfaq
@sunilkumaryadav2183 Жыл бұрын
Naha many foriegn channel cover case study like him without giving opinion . In India political opinion matters more than education or explanation of topic
@sunilbabu9635 Жыл бұрын
Understanding is more important. Opinion is subjective. Of course not giving an opinion is the best and that is not the motto of the Think school team. You made it so clear. Thank you so much
@tonyantonio8956 Жыл бұрын
Apko opinion ka spelling nahi ata aur ap UPSC me exam doge?
@saimanojvarmakalidindi7982 Жыл бұрын
@@sunilkumaryadav2183 Please do watch the video how RBI is failing inflation rate....you will see how effective this channel is ....facts are always facts no matter which channel it is ...Ganesh is doing great job Mr
@sunilbabu9635 Жыл бұрын
@Football-Pundit afraid for what? It's funny on your part that u read others'minds without knowing what my intent about😂😂😂😂
@siddhantsingh6130 Жыл бұрын
This budget is Brilliant balancing act between growth and fiscal consolidation.
@niyazrahumann Жыл бұрын
Yes true, Adani will get more loans without securities.
@dr_nalla Жыл бұрын
@@niyazrahumann Fuc. Man go and watch the think school s video on that case and then use your own brain 🧠 zombie not dhruv Tatty not or any one
@harshgoswami8805 Жыл бұрын
@@niyazrahumann pls get education bro
@bharadwajramakrishna5327 Жыл бұрын
@@harshgoswami8805 he did not and won't That's why he is speaking like that
@niyazrahumann Жыл бұрын
@@harshgoswami8805 please come out of ant bakth.
@ishikabhatt4579 Жыл бұрын
Allowing viewers to form their own opinion based on actual information is single-handedly the biggest thing that sets channels like yours on a different level. Please never lose this. Also, while you made an excellent presentation on how the old tax regime differs from the new one, can we have more on India's taxation policy? Thank you again for the knowledge.
@HarshalGad Жыл бұрын
Out of all the channels I love think school the most. If you ask why then it's because it resorts to it's channel title "THINK" Think school is the only unbiased channel that I have encountered so far who doesn't enforce it's opinion but rather leaves it to the people to think about it by going through the facts and knowledge. Kudos to the think school team. You guys are the pioneers of India. More power and blessings for the Think School team.
@guruprasanthprabhakaran6902 Жыл бұрын
Thanks is not enough. The One and only channel - best way of presentation and the work you do to simplify the content is something inspiring. No more news channels are spending their time to clarify these things. Yes now Common Man is no more and we dig everything that is around. "THINK SCHOOL " great work. You are more than a news channel now. ATB team.
@ThinkSchool Жыл бұрын
Thank you so much :)
@swaradalvi1255 Жыл бұрын
I’m really curious about how you study, analyse and post these videos so fast one after the other. Really commendable!!
@wadumeanAadi Жыл бұрын
There's a team behind the research but surely, much kudos to Ganesh as well.
@dennisphilip7596 Жыл бұрын
You are really fast in explaining each and every information in much details. Kudos to you
@bullappa Жыл бұрын
Ganesh, without exaggeration, you are really an asset to the learning viewers. I am so glad to have found this channel that gives info with an option of leaving the opinions to the viewers
@varunprakash6207 Жыл бұрын
Budget 2023 - 2024 The Economic case studies Govt of India investment on CAPEX Capital Investment and Fiscal Deficit with simple explanation and New Tax Regime 15:47 - 17:02 The Best explanation with example in simple way 👌 concept even adults can understand the way of explaining concept 👌 Think school 🏫 The Best one ♥️ in recent times Economic case studies in simple way 👍 Hatsoff to Ganesh Prasad anna and Team 👏 Kudos to Team 👏 for Research analysis of Budget 2023 with economic concepts in simple way 👌
@ritvikverma2599 Жыл бұрын
The most comprehensive analysis across media channels. This is a high for you guys. Kudos!
@shailesh138 Жыл бұрын
LOL
@vivekkhose1011 Жыл бұрын
I really do love how you keep your neutrality instead of providing an opinion... Really love your content ,Thanks A lot 😊
@vivekkhose1011 Жыл бұрын
@Football-Pundit According to me neutrality is an option that one may have. So by not giving his opinion on the matter he try to broaden our horizon to think rationally. And so if he does give his opinion with an disclaimer no matter how tiny bit it may be it will tilt our opinion on the matter and that is why its better this way.
@vivekkhose1011 Жыл бұрын
@Football-Pundit 1st thing, even if you are not open to change it will still happen no matter what you think or do change is must and is bound to happen. You are absolutely wrong by saying that analysis without conclusion is not help full well if you want conclusion you can go out there and can get thousands of them. And if you cannot draw conclusion then that is your problem because not only do he explain the things but also attach the study material along with it. And most important thing that you are missing is that It Is *THINK SCHOOL* means a school to make you think not giving you conclusion. It is for student like me who want to learn and not for people who want criticism and fights between wrong and right. School gives chance to learn and grow which our school do not did and he is doing it and so I appreciate it.
@vivekkhose1011 Жыл бұрын
@Football-Pundit You can say all the thing you want but the thing you want from him is controversial statement or a statement which put him in the sides with the government but it's not gona happen. It's pointless explaining you cause you want something else so forget it. No matter how you frame it that's what you wanna say.
@cuppetpoumai2925 Жыл бұрын
@@vivekkhose1011 👍👍. Too rare to find unbiased opinions that give the views from both ends of spectrum.
@ankit_irl Жыл бұрын
The last example showing the comparison of old tax vs new tax regime was spot on. Kudos Think School team! Great work
@ujalamishra Жыл бұрын
I am so thankful to Think School for the very very simplified explanation. As a fresher I always wanted to understand how income taxes are really calculated. This was the most easy explanation with example I could get! It felt like I was back to school learning about finances. I will forever remember who taught me about income tax.
@rohit_mondal__ Жыл бұрын
Being someone from a non commerce background, this channel is the best for understanding business in the simplest terms possible. Thank you Think School.
@CHChandanMansani Жыл бұрын
That was an eye opening video for me on budget, You made me learn lot about how tax systems works. The explanation is phenomenal. Thought it is 25 min, trust me it is not at all boring. I really felt happy for the content you have given to us. Love to watch such more insightful content from you in future. Thank you so much!!
@GeniusAjinkya Жыл бұрын
Such a mind blowing video. Many analysts have made a video on this year's budget but this explanation is by far the best
@rimpydeori Жыл бұрын
⁸
@Anuj.111 Жыл бұрын
Bro, Big salute to you🫡 & respect from heart for making videos like this so we can understand concept easily✌🏻🙏🏻
@Dheeru_D_Luffy Жыл бұрын
That's called self confidence when you move from "I'll try to explain it in easy terms" to "I'll explain it in such a way that a 10th std kid will understand" And it only comes from experience. Bravo.
@03jk Жыл бұрын
Very nice way of explaining the Budget. Many of your videos provide good insight into the subject. The only request is... try to make videos without background music. The music throughout the video is creating disturbance.
@miss_e_p Жыл бұрын
Whenever a topic of national interest arises or something important enough, I wait for your videos. Thank you for sharing filter free content and helping us understand things in a better way.
@Vandemataram78 Жыл бұрын
same here bro
@1OOKSubsChallenge Жыл бұрын
"Exam : Life Changer" "Dhoni : Game changer" "Tiktok : Gender changer" "Think School: Mood changer" 🔥🔥🔥
@SyedSaifAbbasNaqvi Жыл бұрын
"100k Subs Challenge profile : Spammer and Danger"
@yugkukadia9328 Жыл бұрын
Npc
@ultimate3731 Жыл бұрын
"Think school" team up? Can't trust anyone now a days 😂
@parbatibhattacharjee6071 Жыл бұрын
"Modi : India changer" 🇮🇳🔥
@karan519885 Жыл бұрын
Hats off to you And your team! You guys are doing really great job. I haven't seen such a precise and clear information on budget and taxation. Lots of love guys... Keep up the good work!!
@Krsna927 Жыл бұрын
I have never seen a more educative and informative content on budget, fiscal deficit, capex, and taxes than this one. Thank you so much for such an impactful video with unmatched clarity of explanations, Ganesh bhai. Keep enlightening us every week. 👏👏
@RamRam-eo5jg Жыл бұрын
Bro please make an updated case study on banking sector of India as the penetration of AEPS in rural area makes banking services more accessible especially to the villagers. And India post which mainly worked as a mail delivery agency delivering the banking and insurance services also for a very long time and now With IPPB and AEPS it is being able to provide banking services all across India with the huge network of more than 150000 post offices. Eagerly waiting bro❤️.
@stankoone9666 Жыл бұрын
TUNED IN FROM KENYA. I HOPE YOULL FOCUS MORE IN BUSINESS ED
@abhishekmahanta1112 Жыл бұрын
Your videos are getting better and better 🇮🇳🇮🇳👍 Palki Sharma's clips in the beginning were cherry on cake ❤️.
@saimanojvarmakalidindi7982 Жыл бұрын
No news channel has Ever dared these type of explanations that too for free!!! Thanks Ganesh you made it easy for us to understand the budget Salute to your team who relentlessly worked on this optimisation
@Alfred-Bobby Жыл бұрын
Think school is teaching more than what is in our subjects 💖
@kushalda8707 Жыл бұрын
Great visualization in the explanation of tax slabs...commendable job think school and team ❤️
@dhanushg5254 Жыл бұрын
Timestamps 00:00 Introduction 01:45 SmallCase Ad Read 02:51 Purpose of a Budget 03:54 Fiscal Consolidation [FC] 05:36 Government Sources of Revenue 08:25 Capital Expenditure 13:28 Disinvestment Strategy 14:52 Taxes and Cess 18:20 Old vs New Tax Regime 23:50 Government Moves and Key Stocks 24:55 Conclusion
@harshmaheshwari5446 Жыл бұрын
Hats off to the Think School team. We need more videos and more channels on KZfaq with this level of hard work and research 😍✨✨
@harshjain8939 Жыл бұрын
This is just amazing, thank you so much for delivering such well searched and to the point content. ☺️☺️☺️☺️
@Abhijitdutta12345 Жыл бұрын
If Launching videos by premier system important??? You guys just create an unnecessary suspense 🥺🥺 big fan I cant wait 🥺🥺😫😫😫😫
@lohithprince Жыл бұрын
Your videos are so much helpful in understanding concepts that are in a way not so clear just by going through what's on the media. Your detailed explanation makes everything so crystal clear. Thank you very much, Ganesh and Think School team.
@deepaajai8736 Жыл бұрын
Thanks a lot Ganeshji, for spending your valuable time in research and analysis on each and every important events and happenings as fast as it can be. Your way of explaining the topic is very much appreciated. You makes us “THINK”. Wish I had an opportunity to study with your school.
@rohitkm1477 Жыл бұрын
It's very good that our government is focusing on infrastructure I hope they won't spend unnecessarily if it is not required. Also, they avoid giving loans to most of them Which is like wasting the money.
@iamnotok9996 Жыл бұрын
But they are not fertilizer and Bangladesh is taking profit on it
@GsResponse Жыл бұрын
I actually am in 8th standard and am your subscriber.Very simple language and fantastic videos
@GsResponse Жыл бұрын
As always
@divyeshkalbhor2854 Жыл бұрын
The way you explained tax slabs and different taxes an individual would have to pay is superb. Explained in very simple way. Even person who doesn't understand taxes would understand basic stuff after this video. 👍
@aditya00078 Жыл бұрын
I have watched many videos regarding budget 2023-24 But THINK SCHOOL explanation is just superb , Thankyou very much.
@yashwanthachugatla1071 Жыл бұрын
I ran out of adjectives to praise Think School!
@ThinkSchool Жыл бұрын
Thank you so much :)
@prajwalff6024 Жыл бұрын
Call shashi taroor
@vineetshah9312 Жыл бұрын
Best reasearch, credible, accurate simple and understandable. keep it up awesome work..
@cynthiasolomon5802 Жыл бұрын
You are the best! Thanks a lot!!!
@9564661438 Жыл бұрын
This was the most comprehensive video that I have seen on this year’s budget. Thanks brother for the knowledge. ✅✅✅✅✅👍🏻👍🏻👍🏻👍🏻👍🏻 keep up the good work
@Sai_on_youtube Жыл бұрын
That slapping of the table after 'bye bye'..... Is super satisfying. Lol. By the way, this is by far the best and useful of the budget 2023-24. Thank you, ThinkSchool! 🙏
@Jaindakshraj Жыл бұрын
As a CA student...i can say that even some concepts which weren't clear about the new tax regime are tooo clear now!! Thanks brother
@adarshkrishnan7941 Жыл бұрын
Wonderful video I learnt a lot. Thanks Ganesh Ji .....i just wish apart from Govt depending on taxes for revenue. The Govt can capitalize on services or products or systems that can independently generate revenue for the govt. It's a far-fetched idea but I hope they give it a thought
@samwise8333 Жыл бұрын
Thank you sir sharing your knowledge!!
@r7rahuls Жыл бұрын
No one has ever explained budget this easy...thank you Think school
@RajeshTiwari174 Жыл бұрын
The way you explain the budget. Just great. Thanks 🙏👍👍👍
@spirituanity7722 Жыл бұрын
Think School Is on Fire ; Keep Going you are just an amazing miracle ❤️🇮🇳😀
@puspamkeshri7730 Жыл бұрын
Great summary!! The examples you guys present are the best part of your videos!!
@humanthought5318 Жыл бұрын
Very insightful. Thanks for making it so simple to understand
@user-by8zt6mt4h Жыл бұрын
As an UPSC aspirant I can surely say that this is the best video on Budget (2023) i have seen ever..! Keep it up brother. Jay Hind 🇮🇳
@madhvanmeena1168 Жыл бұрын
Love your efforts man ! 🔥💯
@Tejas.Lipare Жыл бұрын
This is by far one of the most lucid explanations of the budget! ❤️
@heptagrammar21 Жыл бұрын
That's why I like this channel and recommend it to like-minded people , because they don't force opinion on us but let us feel free to make our own . Great job . Kudos. 🙏🙏
@abirdas7117 Жыл бұрын
Best video on Tax regime by far...love your content and contribution to the society...❤️
@karanliya7056 Жыл бұрын
To my knowledge, the government is banking on tax buoyancy. As we know, we are experiencing record GST collection. Hence, the government is expecting higher tax collection to reduce the deficit. From what I've read from experts, their tax collection estimates have been conservative for the past year and hence ended up outperforming expectations. They are expecting the same for this year as well.
@bharaths1396 Жыл бұрын
The way you explain is just awsome.
@srinidhijoshi9603 Жыл бұрын
Love the way you explain such concepts with easy to understand examples.
@debumitraalb Жыл бұрын
Very informative and comprehensive...got many detailed insights in a layman's term.
@TheLegend-jt8bd Жыл бұрын
What a masterpice ❤️ Loved it!!
@ShaikMoAbdullah Жыл бұрын
Hey ThinkSchool team. This was an awesome finish-up for the 2023 budget. I loved the points.
@taarushgoyal6204 Жыл бұрын
Beautifully explained, thank you!
@Vanuandarshumasti Жыл бұрын
I recently subscribed this channel & I want to say that this is one of the best youtube channel I have seen... A big salute to u bro for the hard work u put in to make such incredible content...love u bro
@sujansaha4437 Жыл бұрын
Thank you so much for this gem Analysis lecture 🇮🇳
@sourabhkumar8853 Жыл бұрын
Thank you for the detailed explanation...
@radhe3152 Жыл бұрын
Man, your "Hi everybody", melts me down!!
@codewithme6499 Жыл бұрын
Man kudos The best part is educate ppl and help them frame their own opinions.
@princemehta2801 Жыл бұрын
Mind blowing videos Prasad Bhai... Most underrated Finance Channel...
@priyamehta8064 Жыл бұрын
Thankyou for this simple explanations on budget 🙂🙂🙂
@ajithkumar-cr3ho Жыл бұрын
Valuable Information Thanks 🙂
@KrishBB Жыл бұрын
Using budget as a election moto? Interesting, waiting for this episode bro 🤔
@vishpatils Жыл бұрын
Nothing wrong in it
@VitaminProtein4256 Жыл бұрын
In a democratic country you have to be famous.
@dv9239 Жыл бұрын
@@vishpatils everything is wrong with it
@vishpatils Жыл бұрын
@@dv9239 haha, yes
@shivanshujha8845 Жыл бұрын
Very good explanation of concepts, your analysis of budget is by far the best, Thank you Think School 👏👏
@surajdubey9956 Жыл бұрын
A school of 21st century 🙏🙏 Appreciate your effort , using simplest way to explain such cumbersome topics ... 🙏🙏
@fenilvanani1049 Жыл бұрын
Really appreciate your integrity towards subject matter over 'keeping youtube baba happy'. Its a great indicator for me that you seek value addition, a better long term investment of effort than strategies. Hope you have fun making these videos as much as I do watching them!
@unknown-tn1bt Жыл бұрын
Masterpiece 🔥🔥
@salusingh1784 Жыл бұрын
Amazing explanation
@keshavgupta6457 Жыл бұрын
Wow! What an explanation. Watched several videos of budget but haven't seen someone explaining with this much clarity. Hats off Ganesh. Keep Growing & Keep educating. 🌟
@Elweysupremacy Жыл бұрын
Hi Think School, in school I used to enjoy economics the most. So this video was a joy to watch. One thing I wanted to add is -Fiscal Deficit is not bad. especially for a country like India a developing country because We need to spend money to grow tremendously. Only we need to manage it and not go in debt trap.
@suryanshkesarwani9688 Жыл бұрын
Ya buddy that was i also think
@unique2643 Жыл бұрын
While others are making videos on 2023 budget , Think school is making video on 2024 budget : The reason why think school is the best channel !! 🙌🏻
@shauryasuri3653 Жыл бұрын
As someone about to become an adult this year, this really helped me understand taxes much better. Thanks dude.
@dibyarony1 Жыл бұрын
It's an awesome to see you explaining complicated concepts in simple language. I would like to point out one key deduction under new tax regime i.e. NPS CCD (2) that is employer's contribution. The amount is 14% for govt employees and 10% for other employees. It can definitely minimize the tax in new regime. It can give competition to the old regime and it has been neglected by almost all youtubers.
@deeksha_thakur Жыл бұрын
You are doing an incredible job. Hats off 👏
@ratnadeepdey6453 Жыл бұрын
this channel content is so authentic love your videos good true content.
@abhishikthawesome2504 Жыл бұрын
Explaining tax regimes is a complicated thing.But you guys pulled it quite smoothly.
@nilavaroychowdhury6195 Жыл бұрын
SIMPLY BRILLIANT...KUDOS TO THE WHOLE TEAM.KEEP UP THE GREAT WORK👍
@tejastakalkar7924 Жыл бұрын
It is really difficult to condese so much information in such a short video and still spend so much time on each topic and explain everything from basic concepts. Kudos to you
@arpitgarg8455 Жыл бұрын
As an Economics Student, government wants to push the consumption in the new tax regime. They are not giving any mutual fund or investment deduction,thus allowing more income to be consumed. Therefore increasing the aggregate demand and thus looking to increase the output or the GDP. In Economics term, it will be called as Consumption lead-growth. What I could infer from the budget was the fact that government is pushing both Capex and consumption lead growth.
@KejriwalBhakt Жыл бұрын
Is it bad or good?
@arpitgarg8455 Жыл бұрын
@@KejriwalBhakt it is to reduce the deficit in terms of gdp, I think it's a great move and I think middle class will lead the india's growth engine with high levels of consumption
@KejriwalBhakt Жыл бұрын
@@arpitgarg8455 Accha!! Theek hi hai .. but abb education and health prr focus krne ka time aaya hai
@A__GARV_SAXENA Жыл бұрын
@arpitgarg8455 Im, not an economics student (I'm an engineering student, Yes Im :P ) so I might be wrong, but if the government is increasing the cash (or liquidity) in the market, it results in inflation. bcz demands increase and supply is same. so it is bad for market it will be better if you can clear my doubt
@arpitgarg8455 Жыл бұрын
@@A__GARV_SAXENA Very good question raised !!! First very basic thing that inflation and growth moves together. That is what government and RBI Wants to achieve. They want to balance growth with steady and moderate inflation rate. Your point is right that increased demand can cause prices of goods to rise but inflation is a monetary phenomenon and controlled by Central Bank RBI which uses money supply and interest rate to vary the money supply. The money supply in this case will be constant as RBI is not increasing the Money supply. The only effect due to this is liquidity effect. The increased liquidity and this will lead to people buying new products and hence this could lead to short term inflationary trends but in long run it will become moderate again as the money supply is constant . If u follow what RBI is doing, today itself they increased the repo rate by 25 basis points and inflation is well under desired 6% and will continue to fall till 5%. I see a very good 10 years for India if everything goes well
@ramshekrana Жыл бұрын
I was waiting for this video of think school, to know about this budget. Thank you so much!
@tiken855 Жыл бұрын
Awesome, this the first time i understood budget policy.
@bhsathya Жыл бұрын
Excellent video easy to understand
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