I second that. Hopefully in 2024 itself.

@@bikashrd111 lol, only if bjp win

Agree

He is the advisor to the finance minister.

@@narenvaishnavi2659 And to the PMO.

Hopefully by 2024.

yup...

He'd run to Italy.

Outcome would have been same , median age doesn't change just because someone else is in power . India did well because of very young demographics

Your political propaganda isn't how a nation as large as India functions, no single man leads the nation, deserves credit or ridicule, grow up.

I think the issue is leadership vaccum. It would have been a disastrous soup of conflicting narratives with Rahul at the helm

why are u talking about pappu... what congress done their benefits were seen after 2013 taper tantrum... u will see the policy effect n corona after 3-4 years

The host played a huge role in it I guess, hosts like Padmaja or Navika have ruined other sessions according to me, they squandered the potential to ask some really good questions in sessions with union ministers.

@Mekhi Taylor it's paid . Did you pay 12 dollars?

U caught him right...I betcha!😂

read through his writings on the topic but don't try questioning him since he will block you ,given your sentiments.

You can't die of COVID if you suffocate to death, after all. What a brilliant idea!

This is why Taleb is in favour of lockdowns in the west, though not stringent ones, but localized lockdowns. I suggest you look up Yaneer Bar Yam. He has done a great comprehensive analysis on how India reduced the spread with meticulous implementation.

thats a govt response to keep ppl alive with food rather than pickup bodies from roads.

Trump failed to act and see what has happened.

@Carnelian Kush They are basically talking about about covid so talking about it's origin is the must. Specially when china is threat to world in all kind of problem and covid being one of the biggest. So basically you are saying that India should not talk about china because chinese aren't talking about India?logic?🤔 Its sound like you are ccp prison with no freedom lol

@@swapnilchaudhari9545 You're brainwashed. SarsCov2 is an American bioweapon released in Wuhan in Nov 2019 on order to stifle the Chinese economy. It failed but the resulting blowback has stalled the global economy. India should concentrate on its own sovereignty instead of siding with declining US imperialism.

Certainly, Indian policy is designed for FAT CATS.not benefiting the underprivileged as you can see in any industry.

I wholeheartedly agree that a lockdown is not the prerogative of a certain few sat high up in government. Having said that, you should look more into Sanyal and the fact that he’s not your ordinary elitist economist/historian/writer.

Also, what do you make of the government’s response to the current crisis? While a lot of people may be howling for a nationwide lockdown, I think the right decision has been taken to enact “micro-lockdowns” and essentially let the market adjust itself around the virus.

@@oruspicarous1112 Although controversial, I still don't think the current lockdowns are the right step. They are elitist, and don't serve much purpose in reducing the spread since people naturally adjust around a crisis such as Corona by isolating themselves. The problem with the mindset of the current Indian leadership is that they believe the citizenry are a bunch of idiots and won't adhere to social distancing norms. That is highly incorrect, as people naturally will social distance when aware of such a magnitude or when there is right messaging from the government. Those who choose not to distance or go to work, only do so due to CIRCUMSTANCE and not CHOICE (read: the poor and the urban migrant labor, the latter who don't really vote as they are registered in the villages, and hence politicians don't really give a shit about them.. ). Plus, far too many people in our country believe that they know "better" for the general public than the public knows for itself. Case in point: There is a lockdown in Bangalore, currently, but I don't understand why there can't be free movement of people or public transport can be kept open for those who need it? Again, the line of thinking is that people will congregate/loiter around. BUT, given the magnitude of the crisis, very very few will actually indulge in such behaviour, correct? People are SHIT scared of the virus, and are only venturing out if absolutely necessary, and only for buying groceries, meds etc. People don't need the cops to police them back home.. Thus, why disallow the fundamental rights of a person to move around freely if required? Essentially, the whole point of my tirade is to say that often problems such are these should be looked at first principles of freedom, equality and fundamental rights. Economics come second, and follows automatically from freedom. Anyway, from an economic standpoint, a decentralized approach to handling COVID was always correct. If you look at China, the only place that got "locked down" entirely was Wuhan. There were other localized lockdowns in particulares areas, such as a part of Beijing in June. My ex-girlfriend was from China, and she mentioned to me that her parents were living in Chengdu/Beijing, and that transit never shut down in these Chinese cities, and nor was freedom of movement restricted. Yes, a lot of industries were shut down in other chinese cities such as tourism, manufacturing but it's ironic that the Indian lockdown in 2020 was far more brutal than the Chinese one.. Governments around the world ALWAYS had the Chinese example of approaching the lockdown (should you want to do it). But... China is an effective dictatorship, and one cannot simply think of replicating their models as is. But certain "restrictions" can obviously be encouraged to stop the spread. I stringently stand for restricting high-crowding activities such as concerts, rallies, religious functions etc., but would never stop other economic activities such as socially distanced dining, manufacturing, construction etc. People make this silly argument about "lives v/s livelihoods." In a poor country like India with a very poor social security welfare system, lockdowns are simply unaffordable as often, the question of "livelihood" is actually a question of a "life." The unintended "hidden" issues of the lockdown are often never measured.. if an agricultural or construction worker loses his "livelihood" in 2020, his lifespan could reduce by a few years for himself and his family.... the ones who are dying are anyway people majorly 60+.... and who would perhaps not live longer than 70 anyway.. (given India's life expactancy of 68 years)... so sometimes it's worth doing a calculation of how many "years of llfe" one can save...

@@pmkrock thank you for sharing your thoughts and I largely agree with you. Sadly such solutions are not politically tenable given that Indians expect their government to look at them in a paternalistic manner, and will throw tantrums when they’re told to learn some independence. I’d like to disagree on the notion that it doesn’t matter if older people die, for they’re our grandparents/parents. Having said that, corralling the resources required to take care of this demographic (not that hard in India compared to Western nations given demographics) by getting displaced workers to fetch them groceries and other essentials would’ve been cheaper than enacting an economy-wide lockdown on 18% of the world’s population, not to mention it would’ve bolstered national unity. At least to me, this pandemic has been about consolidation. Consolidation of wealth and power to be precise.

I think he was fine? He didn't have a fake accent and we indians expect our own people to be uncessarily fluent in a language we don't call our own. I think he was smart in his questions and let the speakers speak without being a poser.

@@pmkrock Oh, I wasn’t thinking of something superficial like accent. Don’t mean to make too big a point about it but there was a certain tone-deafness in his manner.

@@nrusimha11 got it. Coming to the presentation itself I found that I agree with their thinking generally but don't agree with Sanyal or taleb when it came to the lockdown. I do feel that the lockdown was extremely inhuman and that a principal economic adviser doesn't have the right to shut down the country so drastically and disrupt lives so violently, however strong you feel about the disease. I'm not against certain restrictions such as limiting indoor capacity or banning concerts. But I really felt that it was sheer stupidity to lockdown the country in 4 hours behaving as if he owned the country. That's a major issue with this line of complexity thinking. Of course people not moving around will kill the virus but one needs to understand that livelihoods aren't variables that one can toy with.

Looking at what’s happening now, I think the correct decision was taken last year keeping in mind the state of the Indian healthcare system. But yes, as per Bloomberg there was a 31% reduction in the size of the Indian middle class due to lockdown in 2020. The middle class size is now probably around 10% smaller but this is still really significant so I do agree with the premise of your comment.

Yes, what should have been done was, to implement localized lockdowns in each state. That would have contained the spread even more efficiently.

@@nishantjoshi5174 Thanks Einstein !

@@mandolinmithunradhakrishna1058 Is this snark or a genuine complement?

Takes one to know one... Shouldn't matter now whether it was a compliment or a poke 😂

@@nishantjoshi5174 Compliment* Do you think your one-liner comment was so great that you rightfully deserved to be called Einstein? Think, Einstein!

Read books written by sanjeev sanyal

@@AA-re8jd Yes he's accomplished Economic Historian . Have read Ocean of Churn Doesn't seem good policymaker or economist though

@@sumedhbhagwat 1) He is not an economic historian 2) How can you say that he is not a good policymaker

Sanjeev lives in India. Taleb is not conversant orientalist. He talks of Levant and it's culture.

@@rutvikrs Taleb blocks people on twitter when they confuse between Levant and Mediterranean. Had you posed the same question to him on twitter,he would have blocked you.He does know about eastern cultures, Indian, Chinese or Japanese.

Patient Frnd ... we just came out pandemic ... before that 18 months we had less gdp.... oly 2014 to 2018 July we had good times.... it’s time to come up... criticizing just doesn’t Work... I also don’t like modi.... but bcoz of poor opposition he is going to stay next terms also that’s inevitable.... but Iam feeling positive abt last 3 months how govt is pushing infra and capitalism .... either we like it or not next 8yrs I see it’s bjp govt.... oly thing we have to think is what we can do to this country... Iam feeling positive abt it next 12 months things wl turn around .... anyway 2024 when govt goto elections we wl be clear where we r headed let’s see

Imbecile, they are not talking about Indian economy. They are talking about how India managed the pandemic and risk taking in the pandemic.

Its not govt's responsibility to get you jobs. There is a shortage of skilled laborers in India, but everyone wants to have a govt job and get a fat belly or get a green card and move to US. Its people's responsibility to find their career and purpose

Dude. Our country is running almost a 10% fiscal deficit when you include state debt. Would you want to get more indebted?

@@uj256 it's a single digit, not 10%. Whats your source? And when in crisis, most countries dont our bout deficits.... give money and Kickstart the demand side. The so called 30 lac crore stimulus was a joke.

Don't explain to this duffer

@@saurabbbhardwaj1930 you chutiya it's 10%. Go and check again. You people literally sounds like a dhruv rathi fans. Sorry for calling you chutiya but you deserved it and I am 100% sure that you are dhruv rathi subcriber.

@@swapnilchaudhari9545 and a good evening to you too, learned sir. Would you have access to link to credible source and would be much appreciated if you would share it. One is aware of one's lack of knowledge and wisdom and in all humility urge you to enlighten us. Take care of yourself. Stay well and safe.