Political & economic blunders in Pakistan's worsening economic crisis even as IMF finalises bailout

Рет қаралды 316,180

Күн бұрын

Pakistan PM Shehbaz Sharif today said that his government will have to agree to IMF conditions for bailout. But what led to Pakistan's worsening economic crisis, its IMF 'addiction' & political, economic blunders? Watch ThePrint Editor-In-Chief Shekhar Gupta explain, in episode 1167 of #CutTheClutter. We also look at some of the key takeaways from a conversation between economist Atif Mian & former finance minister Miftah Ismail, by Brookings Institution. Link: • Pakistan’s economic cr...
---------------------------------------------------------------------------------------------
Discussion by Brookings Centre for Middle East Policy: • Pakistan’s economic cr...
Join our channel to get access to perks. Click 'JOIN' or follow the link below:
/ @theprintindia
---------------------------------------------------------------------------------------------
Connect with ThePrint
» Subscribe to ThePrint: theprint.in/subscribe/
» Subscribe to our KZfaq Channel: bit.ly/3nCMpht
» Like us on Facebook: / theprintindia
» Tweet us on Twitter: / theprintindia
» Follow us on Instagram: / theprintindia
» Find us on LinkedIn : / theprint
» Subscribe to ThePrint on Telegram: t.me/ThePrintIndia
» Find us on Spotify: spoti.fi/2NMVlnB
» Find us on Apple Podcasts: apple.co/3pEOta8

Пікірлер: 955

@ThePrintIndia Жыл бұрын

Early access, exclusive content, special privileges - Discover the great benefits of being a Member of ThePrint’s KZfaq channel. Take a Paid Membership today. It costs just Rs 159/month. kzfaq.info/love/uyRsHZILrU7ZDIAbGASHdAjoin

@KandarpKhanvte Жыл бұрын

@Anti_Dravidan Жыл бұрын

Didn't your boss give money to spread too much lies about India. Why are you begging to public for money

@BhupinderSingh-dy2py Жыл бұрын

Not a single word on Adani 😂

@abhaywalvekar Жыл бұрын

praise one hand Bangladesh when other hand Pakistan is failing by defaming others

@aquaritinturf3686 Жыл бұрын

My father was a Hindu refugee - lost his family land in Pakistan, walked for days to restart in India in 1947. A familiar story of many like him. He told me that the real reason why Pakistan was formed was because in every village, the savings rate of Hindus was much higher and most of the debt was owed by Muslims to Hindus. With a stroke of the pen, all that debt was wiped out. It took 75 years but karma is at the door, asking for a settlement.

@sunlight2078 Жыл бұрын

Brother, Karma will send Pakistan to hell now

@1729sh Жыл бұрын

I empathize. Soon we can buy PKR instead of toilet paper as it's cheaper ;)

@srichakrahubli Жыл бұрын

Wait. More is to come.

@keerthanaap4824 Жыл бұрын

🙌

@viktorcalais3722 Жыл бұрын

The settlement will come soon. Period. The law of Karma is unwavering.

@maniaphobia4719 Жыл бұрын

No one is having heart to mention The name of PV Narasimha Rao Garu in lifting the Indian Economy from Deep pit ; Sad to note that Shekharji also is one ; Indian public is indebted to Rao Garu for handling the economic mess in 1991 ; Present Govt also should be appreciated for handling pandemic hit economy well ; This is irrespective of political leanings ;

@pichumanisankar2617 Жыл бұрын

No or less credit to PVN because he was from south of Vindhyas apart from the forgetful attitude of Congress.😊

@SanjayTiwari-bh8rd Жыл бұрын

PV Narasimha Rao is the most unsung PM. We were fortunate to have him steer through the disaster at that time. I doubt if the other congressmen at that time had the guts to carry out the economic reforms the duo did at that time.

@gtmashok Жыл бұрын

To be fair to SG, he has positively written about PVNR and mentioned his contributions in other CTC videos. SG even interviewed him for an NDTV show in the early 2000s. In fact, the Wikipedia article on PVNR has quotes from SG's writings about him being unfairly treated by Congress. But your point is noted, he could've have mentioned him here.

@illzn06 Жыл бұрын

@@pichumanisankar2617 Kuch bhi??? Looks like you don't watch cut the clutter or national interests a lot. SG has always appreciated PVN.

@Peaceforall10 Жыл бұрын

Agree 100%. PVN Garu was the best statesman and PM India was fortunate to have. An Unsung Hero. He was instrumental in bringing down the militancy in Punjab, Kashmir and NorthEast. He shaped and laid the road for the modern India’s economic success. A BharatRatna for India. 🙏

@keshav4408 Жыл бұрын

India is not in situation of Pakistan is because of P.V. Narsimha Rao. He remains unsung hero of our economic development and national upliftment

@shivamdixit8778 Жыл бұрын

Also manmohan singh in 90s nd 2007 and modi gov. in covid

@jeyanthiramasamy7360 Жыл бұрын

@@shivamdixit8778 but Congress will praise Nehru, indra, rajeev, sonia, Rahul .....that's the problem with them....

@Foswceguehe Жыл бұрын

They did nothing more than what IMF told them to do. IMF just doesn't give loan but they also reform the economy, without agreeing to their condition they won't release loan.

@snap1444 Жыл бұрын

100% unsung hero of Indian PVNR

@vaimurthy Жыл бұрын

True PVN is one of the best PMs india ever had considering the difficulties he had as minority government.

@IndiaTides Жыл бұрын

I saw discussion yesterday. You forgot to mention Atif Mian's examples of how Pakistani killed Ahmedia who came back for doing good for his village because he was not considered Muslim. He also mentioned same about Hindu who wanted to open hospital in his home village in Pakistan but Muslims didn't allow it. The society is completely backrupt by fantasies of Jihad.

@VMRDY Жыл бұрын

Also, that Ahmadiyya was foreign educated but his father told him to contribute to Pakistan which made him come to Pakistan.

@wisedesi442 Жыл бұрын

Just a reminder Ahmedia and Shia were sole reason in creating Pakistan so don’t feel sorry for them.

@VMRDY Жыл бұрын

@@wisedesi442 True.

@arindambaisya Жыл бұрын

Pakistani society and economy is still in the medieval age. There are super rich nobles and poor. Middle class is virtually non existence. The worse thing is allowing dual citizenship where government bureaucrats and Army officials care about their foreign bank accounts and properties and use the country to extract every last drop of juice.

@viktorcalais3722 Жыл бұрын

Very true. Last drop of all the different kinds of juices.

@viktorcalais3722 Жыл бұрын

Very true. Last drop of all the different kinds of juices.

@bloodwargaming3662 Жыл бұрын

There is no middle class in both india and pakistan . Pakistan is like everyone poor af. India is better but there is no middle class in India. 25k a month is top 10% . 25k me ghanta milta hai. It's rich and not identify themselves as rich class

@mayankm5200 Жыл бұрын

@@bloodwargaming3662 lol b//w 5 lakh and 7 lakh income, there are 1 crore tax payer in India. You are just socialist or modi hater

@Traderking1990 Жыл бұрын

@@mayankm5200 1 crore out of 140 crore is a drop in ocean.

@lovekanaujia345 Жыл бұрын

Atif Mian also mentioned how Pakistani state and society (Muslims) do not let Hindu Sindhis establish businesses and prosper because of pure religious hatred. But SG as usual intentionally skipped that because of his love/fear of Muslims.

@ABVS. Жыл бұрын

Comparison of indi Pakistan on petrol price issue reminds me of an article during UPA.....in one of those all party meetings hosted by PM Singh, TMC MP Sudip bandopadhyay raised issue of low prices in Pak as compared to India...to which Dr. Singh replied: "India and Pakistan should not be put in the same bracket"

@sankalp6872 Жыл бұрын

Pak is literally "Allah bharose". This episode wraps up nicely with yesterday's episode on India's budget. Officially, Defense spending is 17.5% of Pak's current expenditure. Unofficially it would be much higher. To make matters worse, the Pak army actually has its own PSUs independent of the Federal Govt. Debt servicing accounts for 30% of the budget. They practically have nothing left for Infra after salaries & terrorism funding. Corruption is rampant, and most politicians already have dual citizenship with one foot in Britain.

@ravindra7791 Жыл бұрын

Their Finance minister Dar said exactly that - Allah will save the country 😅

@rajendrajasathy4356 Жыл бұрын

50% of their budget is going in servicing debt, 35% in defense, and 15% for people. So you can think ghaas to khani hi hai aur katora lekar to ghoomna hi hai.

@anilapte2686 Жыл бұрын

Once upon a time - there was a term used to describe India’s very low economic rate of growth ie “the hindu rate of growth” ; looks like Pakistan has achieved its “Muslim rate of growth”

@gilbertfranklin1537 Жыл бұрын

It does seem true that the great majority of Muslim nations have more problems financially and in the geopolitical relationships with other countries. This religious effect goes so far as to create extreme friction even between the Sunni and Shia branches of Islam. It is difficult to understand.

@SDW3-6-9 Жыл бұрын

Coincidentally "Hindu rate of growth" was to mask the fact that it was the ruling party of the time's rate of growth and their icon was a "hindu by accident" who resented reconstruction of Somnath temple?

@chandankumarchand6686 Жыл бұрын

When ever I listen things like this... I start remembering chacha Nehru with fond and affection along with his female family members...

@SuspectUsual Жыл бұрын

Q: *How is ISLAMIC Republic of Pakistan doing?* A. *Failed State* B. *Terror State* C. *Beggar State* D. *All of the above* *Click like for option D.*

@sonu72049 Жыл бұрын

What do you get from spraying hate all over?

@DeccanPS Жыл бұрын

@@sonu72049 Where do you find hate here?

@rdalwani Жыл бұрын

@@DeccanPS Truth when hidden , becomes DENIAL.

@rdalwani Жыл бұрын

@@DeccanPS There is no hate shown. This is the truth.

@maniaphobia4719 Жыл бұрын

@@sonu72049 who is hating whom ; Pak to have India as neighbor is a Allah given ; They can forget about India attacking them for no reason and build their economy and beat India ; Instead if they want to beat India in war , then it is their problem ;

@ajay1297 Жыл бұрын

Their economy grew when they printed Indian currency

@jrkr7357 Жыл бұрын

Pakistan's GDP per capita is US$ 1600. India's is US$2400.China's US$11000. Indians laugh at Pakistan but China didn't laugh at India although China's is 5 times India's.....

@pichumanisankar2617 Жыл бұрын

@@jrkr7357 - because China was never part of India.

@saptarsi7868 Жыл бұрын

@@jrkr7357 china didn't laugh because china don't have time for these stupid comparisons

@user-vk1bm Жыл бұрын

@@jrkr7357 why should we feel ashamed about China's per capita,I would have agreed to u if our economy was in danger.China bulit china in 4 decades ,just give 15 years to bjp we will be as successful as Chinese would have been.

@dipsuny Жыл бұрын

Yes sir! Watch Sanjay Dixit’s factual video on this Rahul baba rap..

@vyomsinha2854 Жыл бұрын

Funniest/Saddest part is that a lot of Pakistanis, even well qualified ones take this news as fake (Coming from a lot of KZfaq shorts available)

@vyomsinha2854 Жыл бұрын

@@raddoc4851 you must be a fan of TV debates.

@kd6788 Жыл бұрын

@@raddoc4851 Librandoo will believe a documentary by a foreign new channel but will forget the verdict of Supreme Court

@gy6g4f47 Жыл бұрын

@@raddoc4851 there are lot of debates around this in India . There is very active left wing in India who is talking about this issue. Many people in India even commoners like me know about this scam.

@curiouskid1547 Жыл бұрын

@@raddoc4851 still Indians not begging

@ashishxx Жыл бұрын

There is an article out in the economist. On how the chinese are refusing to budge on debt restructuring talks. If Pak thinks it can get easy bailout or forgiveness from the Chinese, they have big shock coming.

@sid8285 Жыл бұрын

Pakistan is used to free aid and write off from US and Saudi. China will not budge and will take its pound of flesh with interest.

@dormadoom Жыл бұрын

Correction : You called Mr. Mian as most prominent "politician". For those of us amateurs who don't know much about PK intellectuals many may find it difficult to recognize this as a mistake and instead take it at face value.

@karangajare4848 Жыл бұрын

SG meant prominent economist...

@bharathraman7234 Жыл бұрын

I was looking at long term trend of Pakistan Currency vs Indian Currency. Since 2012 Pakistan currency was gaining strength against Indian currency which peaked at the end of 2016. 2017 onwards it has been on a steady decline. The fact that the change in trajectory happens after demonetization in India is very interesting.

@chandankumarchand6686 Жыл бұрын

But people against Modi will not acknowledge this.

@mrgyani Жыл бұрын

@@chandankumarchand6686 he is saying the exact opposite - pkr declined maximum from 2006-2011. - From 2014 onwards it remained steady and even gained strength. - From 2018 onwards pkr crashed (due to their own doing, not because of Modi ji).. Bhai ko graph padhna nahi aata, bilkul ulta bol raha Hai. Nobody has destroyed the economy like current PM.

@monilshah04 Жыл бұрын

@@mrgyani 😂😂😂😂 you possess great graph reading abilities!

@TheGreatVivek7 Жыл бұрын

‘A day without getting slapped around by IMF like a little you know what, is a day wasted’ -Peacefulstan

@usmanAli-kv5zz Жыл бұрын

A day without talking about pakistan is day wasted by Endians. Pissistan country

@Bollywood_Hater Жыл бұрын

How is collapsed Pakistan any different from normal Pakistan??

@nishant4262 Жыл бұрын

Well said! 😎 But seriously speaking, this event could break-up Pak , for the first time since 1971!

@chandaniberry9369 Жыл бұрын

Paki army gets weaker and smaller.

@SuspectUsual Жыл бұрын

*"Without lies, Islam dies!"*

@PotatoMan007 Жыл бұрын

Lies and violence, two pillars of islam.

@25arkay Жыл бұрын

Dear Sir, Thanks for sharing Brooklyn Inst link and the discussion. I watched the entire, over 1 hour of discussion and you know what ? There is a renewed appreciation for entire Indian political leadership esp since late 80s, no matter current or previous political party, dynstic or non dynastic rule.. they made sure India never falters, no matter how bitter political rivalry was !! So thankful for the leadership, feeling blessed to be an Indian !

@MHassan441 Жыл бұрын

Does not matter how much they suffer due to their follies, Pakistanis don't learn from their mistakes.

@SuperTonyony Жыл бұрын

Why did you spell "humans" as "Pakistanis"?

@yomamasohot6411 Жыл бұрын

@@SuperTonyony Not that it doesn't apply to humans but the topic of the video is Pakistan, and it really is a shining example of how not to run a "country".

@warnpassion Жыл бұрын

There has always been a general policy/approach/mentality/outlook towards things in Pakistan: whenever any policy/approach/mentality/outlook fails towards achieving anything, especially when it is something sinister against India, then double down efforts on the same policy/approach/mentality/outlook and expect a different result.

@yomamasohot6411 Жыл бұрын

@@warnpassion definition of insanity, isn't it?

@somerandomguy9125 Жыл бұрын

@@warnpassion They are unironically doing the same thing the Ghurid did back in 11th century. The only trouble is that as much of a tyrant Ghori was, he knew how to keep his army loyal to him and financed it by letting soldiers take the loot from their victims, back home. It has unfortunately taken around 76 years for Pakistan to realise that 11th century was 900 years ago and that things aren't quite the same.

@ravindra7791 Жыл бұрын

2004 and 2005 also had huge money coming from US due to Afghan war. Also they had just got debt relief since signing on as ally in 2001/02. If someone writes off their debt now , they will again bounce back for 3 years and back to square one.

@besam Жыл бұрын

Difference is China debt. USA 🇺🇸 always forgives debt but Chinese don’t.

@ravindra7791 Жыл бұрын

@@besam They will forgive but like Shylock take their pound of flesh... maybe some assets. Also China will not want to set a precedent and forgive Pakistans loans otherwise lots of other BRI countries will queue up. Maybe a restructure with asset swap

@JamesRussell-ut7jc Жыл бұрын

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. hence I will suggest you get yourself a financial- advisor that can provide you with entry and exit points on best stocks to buy now or put on a watchlist

@goziepartra Жыл бұрын

You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.3m in net profit across high dividend yield stocks, ETF and bonds.

@emmawatson2982 Жыл бұрын

I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?

@maryliti Жыл бұрын

My adviser is *@Agent_DEBORAH01* is the analyst/brokerage-adviser. She has been of great help and her tutelage has brought me to a higher understanding of profit generation. She Understands the job perfectly.

@peterjhona7990 Жыл бұрын

I just message her on telegram thanks..

@ibrahimmuazu8968 Жыл бұрын

Thanks for your recommendation i just check her on chrome..

@josephpj6115 Жыл бұрын

The strategic depth has become straight debt now.

@sid8285 Жыл бұрын

Afghan Taliban got the strategic depth in pakistan and pakistan got only debt😂

@VMRDY Жыл бұрын

Shekhar conveniently left out the persecution of Ahmadiya Muslims and Hindus raised by Atif Mian in the same interview. 😢

@SuspectUsual Жыл бұрын

*"Offended by everything, ashamed of nothing!!"* - Jihadis since 7th century!

@abbasjillani6079 Жыл бұрын

Insan bano

@SuspectUsual Жыл бұрын

@@abbasjillani6079 Exactly! Jihadiyon ko insaan banna chahiye!

@ravikiran5897 Жыл бұрын

exactly

@atulgodbole9692 Жыл бұрын

Sir 1991 credit goes to PV

@ravindra7791 Жыл бұрын

SG won't give PVNR the credit as Congress has disowned PVNR...

@arunsar7893 Жыл бұрын

@@ravindra7791 ?

@Foswceguehe Жыл бұрын

They did nothing more than what IMF told them to do. IMF just doesn't give loan but they also reform the economy, without agreeing to their condition they won't release loan.

@atulgodbole9692 Жыл бұрын

@Foswceguehe I agree with you but PVNR ensured the stability to govt without which reforms were not possible, also opposition was on same page

@vivekpareek9450 Жыл бұрын

@03:43 a minor correction, Atif Mian is an economist and not a politician. I know this because of your previous CTC on Atif Mian's analysis of Pakistan's economic problems. Loved the episode.

@ravindra7791 Жыл бұрын

I realised what CPEC really means - Causing Pakistan's Economic Collapse...

@warnpassion Жыл бұрын

Haha!

@gauravdas6741 Жыл бұрын

😂😂🤣🤣🤣🤣

@ravikiran5897 Жыл бұрын

good one

@anindyabagchi6119 Жыл бұрын

SG Sir - I totally agree with your views here. But I think the root cause of Pakistan's economic malaise lies deeper and is related to the premise and promises of Pakistan's genesis. With that kind of nutty cocktail of lies and communal hatred about the what and why of Pakistan, the future writes itself. That includes the Kashmir fiascos, Bangladesh blunders, strategic depth mirage, economic mess, "hunting with the hounds and running with the hare" in Afghanistan to milk USA of billions of dollars, keeping and maintaining terror infrastructure etc. Unless they make peace with facts, clarify who and what Pakistan stands for (as in just to protect the interest of Pak people and boundary only and that they are very much of Indian origin), fix their education policy, destroy terror network, send army back to the barracks, bid a permanent goodbye to mullahs and madrassahs etc., I cannot imagine how it can even have a modicum of normalcy. Like I said, their future is a logical consequence of how they got created.

@pichumanisankar2617 Жыл бұрын

If other Muslim nations like Turkey, Iran, Indonesia and even Bangladesh could modernise and progress why can’t Pakistan do it.

@avishekbhattacharjee812 Жыл бұрын

@@pichumanisankar2617 pani sar k upar jaa chuka h bhai..bandaid lagakar problem ko postpone kar sakte h but that will not solve the main issue

@AKThakur76 Жыл бұрын

@@pichumanisankar2617 indonesia is doing good, but is not very different from India. Iran has resources. Do you think any mid East country will have progressed if not for oil and gas? Look at Yemen, Syria, Jordan etc who don't have natural resources. Turkey was an empire, and had it not been for ataturk, it would have been like PAK by now. Look at their CAD and other parameters. If you remove resources from Islamic nation, they are a big zero... Nothing significant has come from them in last 700 years.

@keerthanaap4824 Жыл бұрын

@@AKThakur76 exactly

@jackshrimp Жыл бұрын

Pakistan made chutiyas & ullus of U S, as biggest bogey for US is Communism, and anybody can continue to make ullus of US by sounding that they r fighting Commies

@chamkuhamesha588 Жыл бұрын

Insha allah boyz played well...

@theawesomedas Жыл бұрын

Let the fuel price be realistic in our country. We cannot subsidize the price of crude oil as the subsidy will be paid by tax payer's money itself.

@Sriram-pt3qm Жыл бұрын

dude there is never a subsidy on Fuel prices in India. State and central govt charge close to 40-50 rupess as taxes in every litre of petrol.

@theawesomedas Жыл бұрын

@@Sriram-pt3qm dude I think you interpreted incorrectly my comment. I said let the fuel price be realistic in our country and should never be subsidized ever. I know its never subsidized so it should not be done ever. Hope it's clear now.

@jessihall0854 Жыл бұрын

Thank you Sir for you kind and generous words for the United States and what happened in Afghanistan ❤️

@omkargps5100 Жыл бұрын

@Shekharji Please make a CTC on the Ladakh UT situation and Sonam Wangchuk's Satyagraha. It's too cluttered and is the need of the hour.

@arunsar7893 Жыл бұрын

@ranajitbiswas8340 Жыл бұрын

Very good analysis in terms of economic, political development taking place in both the countries since the 1948 to the present.

@rajshekhar1147 Жыл бұрын

SG you are wrong. Pakistan is not addicted to IMF, it's addiction to The Book causing the begging addiction.

@abbasjillani6079 Жыл бұрын

Insan bano

@IndranilFromIndia Жыл бұрын

SG - I think again this is an unnecessary episode on Pakistan. You said nothing about India's interest in this whole situation - how India will be affected, will Pak be forced to changed its viewpoint. They have been in this situation for a long time, but they are still the same militarists. I have heard a talk of Miftah and he is a smart , good person - a rare for Pakistan. Safe to say unless the army gets a haircut this situation will continue, even worsen. Please do an episode on how can this situation be exploited to bring peace to the region.

@ravindra7791 Жыл бұрын

Miftah might be smart but suffers from the same thing all Pakistanis do , hatred for India

@r.r.3789 Жыл бұрын

Miftah himself is of the opinion of no trade with India till BJP rules. They don't like the iron handed (which I like btw) approach of Modi. They are waiting for BJP rule to end so that they get a Pak apologist Indian govt. Which I hope doesn't happen.

@ravindra7791 Жыл бұрын

@@r.r.3789 For India , it's a simple situation. No reverse of 370, Pakistan is caught in a catch 22. Either no relations with your biggest neighbour or have relations and accept the 370 change. Both ways India wins as in the past when we had so called normal relations Pakistan used it for nefarious reasons. Like their high commissioner calling separatists and terrorists for meetings and other propaganda. They will also have higher inflation without trade with India. Let's see how they get out of the catch 22.

@r.r.3789 Жыл бұрын

@@ravindra7791 Agree with you. They are in a Catch-22 situation. That's their headache how to get out of it. Just hope our government don't give them the long rope.

@rajkiran1982 Жыл бұрын

Raghuram Rajan, 'Competant' .... Funny

@narendranedungadi2913 Жыл бұрын

Excellent analysis. Extremely informative. Thank you, Shekhar.

@vishnusharma-bc4fw Жыл бұрын

Good detailed analysis. But the unfair part is that he gives credit to Dr. MM Singh and leaves out Sri PVN Rao. Gives credit to Dr. Raghuram Rajan, who came to the scene much later, and also has remained controversial even to this day.

@tssri8071 Жыл бұрын

When SG sir talked about the time when there was 6% growth in Pak, it was a great example. Now Imagine if Politicians around the world focused majorly on development, tech and other constructive things, shedding all the petty and unnecessary stuff, setting aside differences and worked together, how our world would have developed. But then again one can only wish such a thing can happen, cannot be too idealistic.😔😮‍💨

@arunsar7893 Жыл бұрын

I have heard both Atif Mian and Miftah Ismail( and Madiha Afzal too) speak multiple times. As a matter of personal choice out of all of their interviews, I like the ones on The Pakistan Experience Podcast the most.

@shubhamsharma8867 Жыл бұрын

Tpe is quality podcast, why can't I find the indian equivalent of that

@arunsar7893 Жыл бұрын

@@shubhamsharma8867 I said the same thing on one of it's comments. Seen/Unseen pretty good though.

@minnie6468 Жыл бұрын

@@shubhamsharma8867 Pakistanis are much more interested in politics than Indians

@arunsar7893 Жыл бұрын

@@minnie6468 Thanks to indoctrination through Pakistan Studies. Their curriculum includes Foreign relations and tells them exactly how to think about various countries. India is wise to not teach these at schools.

@haiderrazakhalid3317 Жыл бұрын

Top quality content. Based on facts. Keep it up sir!

@ivihari Жыл бұрын

Again excellent broadcast...top class👍

@hemantpardikar6298 Жыл бұрын

Present crisis in Pakistan strongly correlates with American disinterest and withdrawn from Afganistan and it shows in any economic indicator you choose to see how it has deteriorated over time. From 60s Pakistan leveraged their geostrategic location to get money from USA. In 60s it was US spying from Gilgit of USSR using U2 planes, In 70s it was brokering US China friendship, lateron volatile Afganistan before and 9/11 provided perennial dollar flow. Inspite of this, Pak went to IMF 22 times. This shows rhe extent of mismanagement or loot that was happening. Today IMF has put a condition that assets of all military and civilian top officer be made public

@unibks4382 Жыл бұрын

Pakistan is a relic of the Great Game. Pakistan and Ukrainistan are opposite sides of the same coin. The Anglo-$axons and NATO will bail out and prop up Pakistan using western taxpayers' money and call it the Islamic Moneybags Fund (IMF) because the Indus valley is surrounded by countries that are friendly to? You guessed it. Russia! Pakistan is the last piece in the geopolitical jigsaw waiting to fall under Russia's sphere of influence. When that happens a nuclear armed Orthodox Christian power will be able to project military power in the Middle East. In the meantime Pakistani generals and incompetent and corrupt Pakistani politicians and kleptomaniacs will be laughing all the way to western banks and tax havens. Another foreign policy disaster by the Anglo-$axons led NATO coming near you soon.

@arunsar7893 Жыл бұрын

"Present crisis in Pakistan strongly correlates with American disinterest" - Accurate.

@chanakyabharat756 Жыл бұрын

Glad Shekarji did not suggest Pathan as solution for Pakistan and Jyothi and Vir doing following episodes on Pathan saving Pakistan.

@dandmello5283 Жыл бұрын

👍👍👍 Thanks Shekar for the Lovely and above all ..the Lively update News&Views&analysis frm THE print 👍👍👍👍

@drgadham Жыл бұрын

Very nice presentation lots of information revealed ❤

@sanivkumar2145 Жыл бұрын

Ind should also try hard to check population.

@todaygeneration3887 Жыл бұрын

SG sir with all due respect don't be like others just mimicking words stating comparing to $ petrol is less in Pakistan. Petrol price in UAE is 96rs that does not mean they are selling same as India price. it all depends on what is country avg income and value of money in comparing to $.

@rohitkashyap1051 Жыл бұрын

Considering that UAE has its own oil....that's quite high

@AKThakur76 Жыл бұрын

@@rohitkashyap1051 Abu Dhabi has, dubai don't have oil and gas now. They are more like Singapore of mid East now.

@maheshadvani8311 Жыл бұрын

Great learning from this episode Thanks SG

@maryliti Жыл бұрын

@ramankhanna9526 Жыл бұрын

great explaination 👍

@thomashunter5645 Жыл бұрын

IMF demands that assets of all politicians and military generals need to be made public. Pakistan is not going to do that. IMF will walk away.

@rameshg2717 Жыл бұрын

There is a saying "To keep beating a dead snake to prove strength". Pakistan is dead because of bad policy and instability. Why not an analysis on how Japan and Germany went from a defeated destroyed country to economic super power?? What was their economic model?? Why not implement successful co-operative model of amul in other sectors?? Farmers have greatly benefited from the model. Understand that word pakistan attract crowd, atleast end with examples like japan or Germany and their social success. It's like being happy with neighbors problem.

@arjunps6776 Жыл бұрын

Japan and Germany had a huge military industrial complex. They used their industrial enterprise largely for military purposes during the 19th century. Germany wanted to counter Britain with it and Japan wanted to defeat Russia first and then USA. Both Germany and Japan lost the WW2 so badly that they decided to abandon this military industrial complex and converted that industrial enterprise for more productive purposes and look where they're now. Pakistan is a military dominated state but they mostly import their military hardware. They don't have much industrial enterprise currently to move away from militarism to more productive industrialisation.

@wakydevil Жыл бұрын

Marshall plan 💰💰

@SDW3-6-9 Жыл бұрын

@@wakydevil Yes. But even more than Marshall plan, both JP and Germany rightly subsidise or give free education BUT for jobs and the workplace are MERITOCRACIES! There will come a time when this fact will pinch once the best and brightest migrate away to meritocracies!!

@Typhus1234 Жыл бұрын

They were highly skilled and educated societies. They were not overpopulated, religious and illiterate shit holes.

@rameshg2717 Жыл бұрын

@@arjunps6776 argentina was a thriving economy and powerful nation. Currently they are not able to service their debts and inflation is destroying them. Turkey was also a industrial nation, but currently suffering due to high inflation and economic issues. What is there such a stark difference?? It's said China, which was far behind in manufacturing followed japanese model and we know the rest of story. Have to debate these stories and we may find a path. Rather we are broadcasting every day the failure stories of others..

@hpssahota1977 Жыл бұрын

The ending was cherry on the cake. I so love the CTC for its simplicity and lucid narrations. Thanks SG.

@ThePrintIndia Жыл бұрын

Thank you for watching...best wishes, Shekhar

@Manas2 Жыл бұрын

Well expressed. I appreciated the assertion that "you cannot disrupt the real economy".

@raochalasani5639 Жыл бұрын

You are referring to Altif Mian as an eminent politician. Assuming it is a slip of the tongue. He is indeed an eminent Economist.

@krishnavathyam Жыл бұрын

let us unpack this 1) Pak goes bankrupt (Argentina has defaulted 3 or 4 times) 2) Pak has nukes 3) an unstable Pak i.e. home for all kinds of stuff will only cause chaos for the region and the world at large. Conclusion Pak needs a bailout everytime they mess up or they need to be made nuke free (much harder....). Not talking about Nukes is ignoring the elephant in the room....

@sbasu03 Жыл бұрын

Very well done, Shekharji!

@GinzaGeorge Жыл бұрын

Great ep. Thank you. True; you cannot mess with real economics.

@the_Nameless_One99 Жыл бұрын

Thank you for a great episode, sir! I liked that instead of focusing on any one thing, this episode was more of a general overview of Pakistan's current state of affairs, and what led them to this situation. There have been two significant developments in Pakistan over the last year, both of which CTC has covered extensively - the rise > fall > defiance of Imran Khan and the changing role/approach of Pakistan's Army. The last I had heard (from CTC), Imran Khan had just been shot at and elections seemed to be on the horizon and the retiring Army general had made quite an uncharacteristic speech. I wonder where both of these situations are at currently.

@manit0585 Жыл бұрын

Just one episode on Adani Fraud story so far and that too without even discussing the actual allegations. I hope Print and SG is taking all this time to come up with a stellar CTC on Adani Fraud..

@KshitijBhambri1 Жыл бұрын

Are you serious? Their criticism and Blackening out of Opposition voices has took me away from this channel for long time now. I come here to check video for CTC in few days and its same shit and comments of Andhbhakts with Right wing Crony Capitalist Suckers 😂🤣🤣🤣 SG is a Lapdog of Present Govt. He is a Silent Supporter and a cunning one unlike stupid Godi Media Anchors.

@impossible9599 Жыл бұрын

I think shekhar is not interested in private businesses

@Dipanajan Жыл бұрын

What a brilliant analysis!

@mrgyani Жыл бұрын

It's Pakistan's misfortune that a brilliant economist like Aatif Mian was shunned for being Ahmedi. He was in Imran Khan's original team to help steer their economy. Kudos to Imran for recognizing the talent. But then he couldn't show the spine to keep him.

@paddysubramaniam1481 Жыл бұрын

Pakistan is the longest running comedy serial...now spiced with raunchy audio/video leaks...moved in to AO category😊

@yogeshbabu9942 Жыл бұрын

Partition not done properly. We need to blame these politicians. Our economy would have been something else with self reliance

@nss74 Жыл бұрын

nice analysis

@Harsh-rf9k Жыл бұрын

I think the main cause of pakistan's downfall is the lack of support from exports. Bangladesh has textile and srilanka has rubber and some others and it also has tourism. But Pakistan doesn't focus on any exports. Being a terror rich country it can't offer tourism or investments. Only remittances are somewhat saving them.

@johnnygood4360 Жыл бұрын

Harsh the success of Swaziland gives blueprint for success for a poor country. The king of Swaziland introduced a system based on meritocracy. Competent people were placed in positions of power. Second the resources of country were exploited for national benefit not the powerful few. A strong capitalist economy which protects private property ownership. Strong governance to prevent corruption. Respect for the rule of law. Respect for minorities within the country. Positive relations with neighbouring states. Long term stable relations with international partners. It’s the only country to recognise Taiwan and has done so for fifty years. I think Swaziland is the blueprint that any impoverished former colonised nation without access to sea can emulate.

@youthink5552 Жыл бұрын

Shekhar it’s Hindus in India and Muslims in Pakistan that is the determining difference. Accept the fact I assure you that speaking truth doesn’t hurt

@zetaforever4953 Жыл бұрын

Lol if that was true then Indonesia and Malaysia would be poverty-stricken, instead of Myanmar and Sri Lanka. The determining difference is that India's founders weren't stupid enough to give too much importance to religion or ethnicity, whereas Pakistan's founders were stupid enough to define their entire existence on the basis of religion. The moment you get too caught up in ideology, you're done for. Doesn't matter what that ideology is - Hinduism, Buddhism, Islam, Christianity, Communism or anything in between.

@realhumphreyappleby Жыл бұрын

People don't like discussing it but it is also a Punjabi culture thing too. Just look at our Punjab and how profligate it is. Pakistan is 70% Punjab, so what's happening in our state is happening there on a national level.

@zetaforever4953 Жыл бұрын

@@realhumphreyappleby there may be some truth to that. Bangladesh after all has a far stronger economy than most south asian countries, despite being just as much of a Muslim country as Pakistan.

@hemantkhare5545 Жыл бұрын

Muslim in pakistan ? What about Muslims in Indonesia, UAE and other well to do countries like malasia etc. So going by that Analogy within India, Most Hindu state like UP should be most prosperous? It’s policies and politics that have put them in such a mess. Yours is a very cursory sweeping comment.

@youthink5552 Жыл бұрын

@@zetaforever4953 Bangladesh has approached IMF . There also they destroy Hindu temples and kill Hindus without fear of any legal action

@RaghavendraLawaniya Жыл бұрын

Prof is so happy today with "strategic Depth"

@banekhan410 Жыл бұрын

What term does he use at 8:29? Mode of what ??

@gaisingduangonmei8898 Жыл бұрын

Like India is viewing Pak, China is viewing or looking at India. India 🇮🇳better pull up it's sleeve and start working seriously. We live in the North East and China's ambitions in this region is very clear. But still, India only wants to talk about a lesser enemy may be because it gives us at least a fleeting pride and joy to talk about someone weaker and smaller than us!? The present government has now shifted it's attention and is working better than the previous governments. Hope we see real development in Country to counter others.

@aakarshjha1633 Жыл бұрын

It's nothing like that,pak economy is worst and we are fastest growing major economy and military gap between India and pak is more than India and China Although our economy is still to small but we are growing atleast at high pace than most countries

@vaimurthy Жыл бұрын

India stopped treating Pakistan as equal long back. India's focus is China. India is one of the fastest growing economy in the world. It has record 600Billion forex. Ofcourse there are many things which we need to improve due to democracy

@r.r.3789 Жыл бұрын

Our focus is China only, but just for some lighter moments we talk about Pakistan. Pakistan is like the mint coated mout freshner for us, just feels better after a meal.

@SuspectUsual Жыл бұрын

*BJP Model* : Development + Good Governance + Nationalism!! *INC Model* : Corruption + Jihadism + Dynasty *AAP Model* : Corruption + Jihadism + Freebies *TMC Model* : Corruption + Jihadism + Violence

@srinisbir8781 Жыл бұрын

I think Jihadism and Violence are one and the same thing.

@bimasu Жыл бұрын

@@srinisbir8781 true but with a nuance- one is due to religious extremism and the other, political violence.

@user-vk1bm Жыл бұрын

TMC and kejriwal: mere ko kyu Tora😂

@bensenvk9358 Жыл бұрын

dear 2 rupee bhakt.. what was the growth level in manmohan period compared to our so called 56 inch vishwaguru period??? Whatsapp university graduates 😂😂😂😂😂😂😂😂BJP - religious [politics + communal violence + whatsapp university + 2 rupee IT cell troll wing 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

@patmclaughlin107 Жыл бұрын

BJP Model: Oligarchy (Adani) + Dog Whistle Politics + Freebies

@alihassanmanghi51 Жыл бұрын

Incredible insight and research, unbiased and highly educated viewpoints. Pakistan needs to look at it self in the mirror.

@venkatabhiram1688 Жыл бұрын

Will the IMF ask Pakistan to cut down on their military expenditure and start focusing on the healthcare, education and other human development indicators?

@subrahmanyamvedula3889 Жыл бұрын

Thank god congress is not in power now, otherwise congress would not have hesitated to help Pakistan to get minority votes in power, in fact many pakistanis are regretting congress is not in power

@ayusharyan6127 Жыл бұрын

India is still helping them via Asian bank and other similar institutions. Also, we don't want them to fail completely, because it will again disturb india only,

@shubhamjaiswal9495 Жыл бұрын

@@ayusharyan6127 agar esa h phir bhi sahin h lekin direct help nahin deni chahiye na to hathiyar kharidne m prayog karenge

@paddysubramaniam1481 Жыл бұрын

One runs out of euphemisms for describing Pakistan's condition...economic, social and political...the mildest one is "IT IS A SCREWED UP" nation if one can be kind enough to call it as that.😊 Too late to fix it without massive falllout !!!

@YiLunMusk Жыл бұрын

Sir, ur analysis is top-notch.

@aemssw2387 Жыл бұрын

"Islam" Is the biggest Contributing Factor to Pakistans current situation

@akshayhiremath4584 Жыл бұрын

9:00 Most important is they put their Religious ideology aside. All other things that you mentioned they did put aside are rooted in their intolerant, fanatic religious ideology

@mk-cb7vc Жыл бұрын

The real question is why did IMF put conditionalities now ,why are they asking for a financial road map now ? Pakistan was always in a financial weak spot then Why did IMF gave Pakistan bailout 13 times without any conditions or Soft conditions Because of American Interest!! ,these Mfs wanted to uses Pakistan for their geo political interests That's why they kept giving them money and Pakistan kept using these money to funds terrorists against India and US turned a blind eye for their adventures in India Today their interests are aligning with India that's why Pakistan is being downgraded. America will not think twice to ditch India if it's in their Interest. Hope the future generation understands the true nature of America and keep the relations accordingly.

@jaideepc786 Жыл бұрын

Simply superb analysis One wishes that Pakistans should listen to the above for an authoritative analysis of their economic ailment. Doing my bit to post this link on many Pk blogs and serious KZfaq links.

@RaghavendraLawaniya Жыл бұрын

9:50 : correction 20% 20 times should be 6% 20 times

@Anp562 Жыл бұрын

8:58 I disagree. If you have positive nationalism to do better for your country, this doesn't hurt. This is what, I argue, the BJP has. If you have negative nationalism where you would rather destroy other country, that doesn't help

@theindiandoc_550 Жыл бұрын

Pray 10 times Allah is merciful

@ravindranrangasamy5425 Жыл бұрын

Thankyou for your CTC Pakistan economic .we are understand easily Pakistan economy condition..

@Amuzic_Earth Жыл бұрын

17:54 Guptaji almost sounded like Niaji sahab here. Unintentional mimicry i guess. I had to listen few times.

@ArmageddonIsHere Жыл бұрын

Indians may observe that lately, Pakistanis have stopped mocking Indians online with the "toilet" word... This is how quickly the threat of economic extinction can sober up an entire people.

@gouthamsudheer2080 Жыл бұрын

Who cares about Pakistanis. We are Still low compared to the rest of the World (especially China and Indonesia)

@SuspectUsual Жыл бұрын

*Types of JIHAD:* - Land Jihad - Population Jihad - Education Jihad - Legislative Jihad - Judicial Jihad - Violence Jihad - Love Trap Jihad - Conversion Jihad - Welfare Jihad - Media Jihad - Attire Jihad - Jobs Jihad - etc

@rakeshsinghprs Жыл бұрын

saw the suggested Pakistan economic crisis video and this was insightful about bad politics and what would happen if they dont focus on there own economy and its progress.

@anindian4412 Жыл бұрын

Looking at Pakistan's situation, "Trouble" is an understatement..They already are in the eye of disaster.

@heavyatheart Жыл бұрын

I credit Modi and his foreign policy equally for Pak"s economic downfall.

@Inevitable-Indic-revival Жыл бұрын

Also RAW ;-)

@jackhoward5822 Жыл бұрын

Actually the divergence began at the end of narasimha rao and vajpayee. The Rao vajpayee effect came into being in the late 2000s when India overtook Pak per capita gdp

@warnpassion Жыл бұрын

@@jackhoward5822 He meant the foreign policy.

@youthink5552 Жыл бұрын

Please discuss the role of demonetisation in INDIA played in Pakistan’s financial woes

@srinisbir8781 Жыл бұрын

Quite interesting!

@arunsar7893 Жыл бұрын

Zero. Loonies need their checkup.

@youthink5552 Жыл бұрын

@@arunsar7893 I know how hurtful it is to accept that a certain government before Modi was complicit or ineffective

@haripaulsharma9319 Жыл бұрын

Good analysis

@Purrfectduobellamhysa Жыл бұрын

While subsidizing isn't helpful, increasing tax rates on fuel impacts not just car owners but the entire consumer goods due to the use of fuel for logistics.

@minhaj23227 Жыл бұрын

Also anyone still sensationalising adani fiasco...Today Sbi results came and they made higest ever quarterly profit of close to $2bn....So even if entire adani loans defaults (just 0.9% of total sbi loan book) and thats a big if bcz of ports , coal mines , grids , airport etc they will still be profitable yearly 👍👍.....Also foreign reserves increased for third straight week by $3n to $550bn+ .....weekly inc more than some countries entire reserves

@arunsar7893 Жыл бұрын

Its unlikely that Adani will default.

@aditya-ml6km Жыл бұрын

the only people who made losses due to the plunging of Adani's stocks were amateur investors. Adani group will rebound; however, share prices will be more realistic than they were 1 month ago. This market crash is happening because of panic selling. No experienced investor would act on impulse, this is so naive. Many domestic retail investors had invested in Adani's shares.

@KiranCv007 Жыл бұрын

Pakistan is a classic example of the saying - "Elect a clown, expect a circus". India was lucky to have leaders like Nehru, Sardar Patel, LB shastri, Vajpayee, Dr. Manmohan Singh. While Pakistan on the other hand had a political vacuum after the death of Jinnah. This void was filled by incompetent leaders and greedy military dictators. Their short-sightedness has ruined their country.

@ravikiran5897 Жыл бұрын

You did not mention PV narasimha rao. Apart from Sardar Patel offered Kashmir to Pakistan in leo of Hyderabad , before meged in India and Jinnah refused because Kashmir people are same as Paksitan people

@krs218 Жыл бұрын

Shekhar Gupta’s favourite subject - Pakistan

@GOP0000 Жыл бұрын

The guy will come and take your buffalo.... what an example 😂😂.. guy le gayi bhainsh.....

@BharatThatIsIndia Жыл бұрын

Shekhar ji, we are not asking for subsidies Petrol or Diesel. We are asking for less tax on petroleum. Modi government has increased 30+ rs when crude oil prices were 25-30$. At that time, Arun Jaitley and other ministers told us that they were creating a buffer and when price increases, people will not suffer. But the Modi government has done completely the opposite and that was the problem.

@apoorvabahuguna Жыл бұрын

Because at that point there was almost negative economic activity sir . Government has to collect money from somewhere. But I do get your point . Probably we need some Measure like taxing super rich farmers , increasing property tax , getting tough on black economy

@rohitkashyap1051 Жыл бұрын

What about when the fuel price went up ....

@BharatThatIsIndia Жыл бұрын

@@rohitkashyap1051 then that buffer should have been used to reduce burden. But it was not done until it was very late. The government should not behave like Munafakhore. By the way check the petroleum minister's speech in parliament where he boosted about 4 Lakh crores of tax from petroleum and the public was paying 100+ rs for oil. In 2014, the Indian government was earning some 70k crore from tax on petroleum. So from 70k to 4 Lakh crores. It was like how Adani wealth grew.

@rohitkashyap1051 Жыл бұрын

@@BharatThatIsIndia You have no idea how Adani's stock price grew....or maybe used it incorrectly. Govt needs to provide a lot of services....where shud the money come from.

@BharatThatIsIndia Жыл бұрын

@@rohitkashyap1051 Actually nobody knows how Adani wealth grew so much during pandemic Or everybody knows that Daal me sab kaal hai..