Why Sanjeev Sanyal Thinks Raghuram Rajan Is Wrong About ‘Made in India’

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TRS Clips

TRS Clips

3 ай бұрын

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In today’s episode, we welcome Sanjeev Sanyal once again on The Ranveer Show. He is an Indian economist, popular historian member of the Economic Advisory Council to the Prime Minister of India, and helped prepare six editions of the Economic Survey of India starting in 2017. Sanyal has written several books on Indian history with mixed reviews.
Today Sanjeev sir talked about the Indian Economy, the future vision of India, geopolitical competition, the basics of economics that everyone needs to know, the future of job opportunities in India, whether Gen Zs should focus on the service sector, the opportunities in manufacturing, and much more. We further discussed PM Modi’s work, the effect of electoral politics on his job, and how war situations affect the economy of the country.
Today’s episode was a casual yet insightful conversation with Sanjeev Sanyal sir. If you liked our previous episode with Sanjeev sir, this will be another episode about Economics, India & more. I hope you enjoy this conversation and do share your opinions in the comments!
#sanjeevsanyal #election
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About :
TRS Clips is a collection of SHORT CLIPS from The Ranveer Show podcast. Enjoy our latest knowledge-fueled videos from the BeerBiceps team. Every conversation on #TheRanveerShow is intellectual, deep & progressive. We cover everyone from entrepreneurs to Bollywood film stars to even athletes.
Today, The Ranveer Show or TRS - Happiness Through Curiosity. A show where we host the world's greatest success stories and try digging out their secrets to success. Every conversation is an EXTREME learning experience for the viewer.

Пікірлер: 338
@sndy2436
@sndy2436 3 ай бұрын
Good that he addressed a clown as a clown.
@shakunvashisht342
@shakunvashisht342 3 ай бұрын
AND ONE CLOWN INTERVIEWING THE OTHER BIG CLOWN
@sndy2436
@sndy2436 2 ай бұрын
@@shakunvashisht342 who Rahul Gandhi and Ravish Kumar??
@tobblesmash6193
@tobblesmash6193 Ай бұрын
⁠@@sndy2436no I believe he’s talking about Rahul Gandhi and Sam pitroda
@tstanmoysamanta
@tstanmoysamanta 3 ай бұрын
Till when Raghuram was in RBI, India wasn't growing it's current potential
@sauravsastry
@sauravsastry 3 ай бұрын
Banks were mismanaged and there was lack of liquidity and loans was given just like that to non performing assets for example kingfisher airlines was a non performing asset and didn't make a single profit in history and bank managers and the officials didn't research about his company's financial statements and loans were given just like that
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@Dennis56781000
@Dennis56781000 3 ай бұрын
​@@harshnaik6989Wrong those skilled people will board the next flight to Japan, China or the USA. Manufacturing has not happened organically anywhere in the last 5 decades. China, Japan, SK all had their versions of PLI and they were PLI pro max. China when US capital arrived was assembling stuff only and later on they absorbed the tech and became self sufficient. If we really want to become global power, we can't be importing heavy engineering stuff from abroad. From employment pov, manufacturing provides the low skilled surplus labour from agri sector to gain employment. There are numerous benefits especially in the long term.
@ashwinigautam7282
@ashwinigautam7282 3 ай бұрын
@@Dennis56781000 agreed
@Parsinger90
@Parsinger90 3 ай бұрын
@@harshnaik6989 Raghuram Rajan is not a qualified economist, of accounting or finance background.. Rajan by qualification & by his claims - is a fraud. Go research his educational qualifications. Rahan us uncut to advise. Go consult some real economists.
@sanjaypriyadarshi
@sanjaypriyadarshi 3 ай бұрын
Raghuram Rajan and Rahul Gandhi complement each others in many subjects .. I have never seen a single article on which he does not have any problems.. Rajan is part economic council of TN and why TN is not able to attract investment in many sectors .. who will answer it .. his ambition was clear when he joined Bharat Jodo yatra
@chakravarthivrangarajan9616
@chakravarthivrangarajan9616 3 ай бұрын
R more a politician than an economist.
@ragul3204
@ragul3204 3 ай бұрын
TN is able to attract investments. What do you know about investment s? Go to UP or Bihar and see the living standards.
@sanjaypriyadarshi
@sanjaypriyadarshi 3 ай бұрын
@@ragul3204 this is racial comment . Check facts and then argue .. I don’t want Pakistani débate ..
@sanjaypriyadarshi
@sanjaypriyadarshi 3 ай бұрын
@@ragul3204 I have not mentioned zero investments .. what has gone wrong u will come to know
@ragul3204
@ragul3204 3 ай бұрын
@@sanjaypriyadarshi Please enlighten me on what is wrong.
@just_hands13
@just_hands13 3 ай бұрын
Manufacturing jobs don't arise in silos. Infact manufacturing jobs has multiplier effect on service jobs.
@ragul3204
@ragul3204 3 ай бұрын
But you still need skilled people.
@just_hands13
@just_hands13 3 ай бұрын
@@ragul3204what's your point.
@ragul3204
@ragul3204 3 ай бұрын
@@just_hands13 My point is you cannot keep subsidizing manufacturing like we do now. Instead we should skill our workforce and create an ecosystem so that companies can invest.
@SkullCrushr
@SkullCrushr 3 ай бұрын
​​@@ragul3204 subsidy is being given to bring the ecosystem. Once that settles and becomes productive, companies then themselves invest. Example - Foxconn now exports $18 billion worth iphone, was initially given subsidy to start assembly
@harshavandu
@harshavandu 3 ай бұрын
@@ragul3204- I don’t think we will keep on subsidising all manufacturing. The present PLI is purely to create that ecosystem which can bring economies of scale - which present manufacturing volumes are unable to achieve. Simple. Once achieved, the ecosystem takes care of itself and becomes self sustainable
@vaidyasethuraman452
@vaidyasethuraman452 3 ай бұрын
ideology- personal bias-they also drive economic thinking. Raghuram Raja's ideas are more more anti Modi than anything else.
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@vaidyasethuraman452
@vaidyasethuraman452 3 ай бұрын
@@harshnaik6989 start with assembly, what China did , see where it is today. you have to start somewhere. As for incentives, Biden's IRA - all those incentive billions are for manufacturing in USA. We cannot do it on such a scale, but at least for local consumption of chips and others like pharma/engineering - we need to start manufacturing here; simply saying it does not work seems to be agenda based.
@atntaltd
@atntaltd 2 ай бұрын
american agenda , they first present the problem then give the solution at a price
@amanpreet3609
@amanpreet3609 2 ай бұрын
​@@harshnaik6989 by your logic , it will take thousands years to achieve what china is now ,sometimes you need some upliftment by others atleast to learn something.
@souravghosh7558
@souravghosh7558 Ай бұрын
You have to wait next 10 years to understand who is right!
@nishantintouch
@nishantintouch 3 ай бұрын
Raghuram was wrong about most of the things during and after his corruption-ridden tenure. 😢
@subramaniankopula3252
@subramaniankopula3252 3 ай бұрын
Sadly most of our intellectuals have pledged their minds to foreign governments who don't want India to be self reliant
@TJSaw
@TJSaw 2 ай бұрын
A new intellectual class is coming up which rejects this nonsense.
@afghanjak
@afghanjak 2 ай бұрын
Just because they talk against the govt doesn't mean theres foreign influence
@niranjan4927
@niranjan4927 2 ай бұрын
​@@afghanjak but their thoughts are against national intrest
@bhaskarmukherjee8710
@bhaskarmukherjee8710 Ай бұрын
True
@tobblesmash6193
@tobblesmash6193 Ай бұрын
@@afghanjakfunny thing is no one said anything about government or politics, being self reliant in the manufacturing sector is of national interest to all parties…. Maybe the opposition needs to look within for foreign agents who raise funding from suspicious entities
@advaitharmy
@advaitharmy 3 ай бұрын
How on the earth would someone say manufacturing is detrimental to development unless he is Raghuram Rajan 😂😂 ! Seriously how can someone even consider him as an eminent economist?
@abhilak007
@abhilak007 3 ай бұрын
I guess he's planted by vested interests 😢
@knowledge-21234
@knowledge-21234 3 ай бұрын
​@@abhilak007planted by cia
@abc69.
@abc69. 3 ай бұрын
Gandhi. He was dead against industrialisation saying that it's evil because it was brought by the British and told the entire nation to go for khadi weaving. While Bose was targeting for industrialisation post independence, but he vanished even before independence. So, yeah. We got stuck with Lehru and his ideological children like Raghu Ram Rajan.
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India.
@sanjaypriyadarshi
@sanjaypriyadarshi 3 ай бұрын
he is over hyped because of PR only..
@marshallmarthes
@marshallmarthes 3 ай бұрын
I have been living in Australia for 6 years and a week ago for the first time I actually saw made in India product at K mart.
@raoplns
@raoplns 3 ай бұрын
Why did raghu became an economist when his father was good at may be agriculture? He should farm 😂
@kunalroy9735
@kunalroy9735 3 ай бұрын
Even in farming,may need some brains also.
@arindamghatak
@arindamghatak 3 ай бұрын
He is not an economist by education. He has a Masters and a PhD in Business Administration.
@ramachandra8155
@ramachandra8155 3 ай бұрын
Don't disrespect farmers
@Achintyanath
@Achintyanath 3 ай бұрын
Raghuram Rajan’s father was IPS officer of Madhya Pradesh cadre on deputation to the RAW (Research & Analysis Wing). By your logic Raghuram Rajan should also have become IPS officer like his father and joined the RAW
@sridharv.n.5274
@sridharv.n.5274 3 ай бұрын
@@ramachandra8155 Where does respecting or disrespecting come at all? You have got it totally wrong. All that is being said is that a person from an agricultural family need not necessarily take to agriculture if his aptitude/skillset is in some other field. India with such a huge population having so much diversity is capable of only Service Sector, appears to be totally off the mark.
@sripadkulkarni
@sripadkulkarni 3 ай бұрын
If Raghuram Rajan says manufacturing is a bad business idea then just get into manufacturing business immediately even if you are a chef, cricketer, preist etc. you are guaranteed to taste success 😂😂😂
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India.
@ritamodi3896
@ritamodi3896 3 ай бұрын
😂😂
@haravardhan8078
@haravardhan8078 2 ай бұрын
​@hj2711same logic applies to services and education too, is Modi government Anti services and Anti education? Does that make any sense?
@rampratapsingh4685
@rampratapsingh4685 2 ай бұрын
Bro just following this tip in 2012 my father get lots of return in investment in share when he says that India is go to recession in 2014 😂😂😂
@meghdoot8608
@meghdoot8608 2 ай бұрын
​@@haravardhan8078Modi govt is giving incentive to service sector also
@Pvm0601
@Pvm0601 3 ай бұрын
Completely agree. India must plan for all eventualities. Geopolitical situation will continue to be volatile & a country as large as India cannot completely rely on imports.
@venkatesan1959
@venkatesan1959 3 ай бұрын
Brilliant rebuttal to Rajan's views👋
@116jaguar
@116jaguar 3 ай бұрын
Raghuram is a disgrace to his name ,, he's demeaning Lord's Ram name
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India.
@rakesh928
@rakesh928 2 ай бұрын
@@harshnaik6989 to a certain extent, that would work if you have expertise in or around the field even to have productive discussions about something cohesive. This is happening in automotive, space and defense(with a huge dearth in information) sectors, We can capitalize on some experience there. But electronics is something we don't have exposure to, only way to acquire knowhow is to start working, imitate and then innovate. All the electronic superpowers have done this throughout history. With electronics being of so much strategic importance no country is going to part with their knowledge.
@playhard719
@playhard719 2 ай бұрын
Sanjeev Sanyal was 100% right, for the country with 1.4 billion people we must venture into all the possibilities, not only Raguram Rajan's ideas are outdated, but he was also personally recommended by Obama, as per geopolitics 101 never trust Americans.
@suppiahmurugesan8343
@suppiahmurugesan8343 3 ай бұрын
Raghuram Rajan is, in my view, wrong. Although not an economist, I did a doctoral thesis on Singapore 's economic growth model. China has emulated and is the world's manufacturing supply chain. Economists like Raghuram Rajan have stifled India's economic growth with bad advice. Manufacturing industry is so vital to make the country self reliant.
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@mrashoksingh
@mrashoksingh 2 ай бұрын
in no country, manufacturing came organically. such a stupid advice. he is basically saying sab log call center me kaam karo
@souvikbanerjee6418
@souvikbanerjee6418 2 ай бұрын
Wah economy ka Kitna gyani rakhta hai apna bhai... bhai mere ko ek aisa country dikhao pls jaha pe manufacturing organically hua ho... har desh economy aur infrastructure parallelly grow karma hai... organically 😂😂😂
@aata-zehad
@aata-zehad 3 ай бұрын
Rajan is a perfect BROWN SAHIB, who look at Bharat through the lenses of his colonial masters. That is why his view will never benefit Bharat.
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@madhusudanjeurkar3178
@madhusudanjeurkar3178 3 ай бұрын
I completely agree with Mr. Sanjeev Sanyal. Manufacturing provides job opportunities for different levels of skills, starting from unskilled to highly skilled. This pyramid of skills sets is going to exist despite of economic and educational progress. Relying only on services will not address to this.
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India.
@kumarsatyam4071
@kumarsatyam4071 3 ай бұрын
Ranveer can we have K ANNAMALAI on podcast please and yes i am big fan of ur podcast too🌱
@likhith587
@likhith587 3 ай бұрын
Sanyal is actually soo annoyed by dumb questions asked by ranveer😅 Everything cant be simplified to one line statements
@prabhakarashetty2613
@prabhakarashetty2613 2 ай бұрын
Choosing Sanjeev Sanyal over clueless Raghuram Rajan was the best decision Modi made.
@maverickindia117
@maverickindia117 3 ай бұрын
India needs growth in every sector, prioritizing and growth rates may differ but we cant ignore any sector now.
@adityachaudhary1610
@adityachaudhary1610 3 ай бұрын
If anyone remembers When Modi became PM inflation was so darn high that RBI gov. Was thinking to bring 10k rupee note. Everyone knows who that duo before that who were responsible for economy of state Remember Inflation was steady at 9-10%
@Shiva99333
@Shiva99333 3 ай бұрын
Economy will take off like anything from 2025 on, if the main problem is solved. ONE CORE PROBLEM : The corrupted Constitution. The original Constitution was botched up By Nehru and Congress over the years with multiple hacks at it. The judiciary in India is now rotten. Hopefully it won't be long before it turns into manure. At least the stench will begin to subside. Bharat now needs to - revert To the Original Sanatani Samvidhan ! This will enable necessary legislative actions to be taken Without meddlings from supreme court or anti-bharat forces !!! Clearly defining scope and division of powers between Executive and Judicial branches of government in accordance with a restored “Sanatani Samvidhan” . In Essence , India's British era legacy Supreme Court , needs to to be turned into "Sanatan Bharat's Sarvochcha Nyayalaya" . Then the work of cleaning up bad laws that were meant to help the British to rule India, can truly begin. It all points First to the need : To Get past the threshold of 404 in this 2024 election ! Crucial. Modi hai to mumkin hai. But, this time - Not without your help ! ! ! He needs more than 404 to deal with the task of putting Bharat on the right track. , take 5 friends to vote with you. Ask 5 Face Book friends to do the same. This is our duty to help Bharat Ma. Plan now and HELP ! 🚩🚩🚩 जय श्री राम 🙏🙏🙏
@joybliss21
@joybliss21 3 ай бұрын
The biggest indicator of rotten constitution was one could question, criticise government and policies without much back lash or without being called anti national as Anna did, call bribery as corruption, had strong constitutional bodies like CEC, CIC which were appointed unbiasedly and could do their job freely and fairly to serve national interests. Now with “core problems” getting solved like legalisation of bribery in form of electoral bonds. India or at least a very small part of “ India” would grow at the cost of others. Being Santani means taking stand for what’s right even if it at comes at your own cost cz there is only one right thing. “Right track” for India will India is facing huge problem of unemployed people and youth which may be economical today but will soon turn into social and administrative one, there are protests going on everywhere Kashmir, Ladakh, Manipur, Mizoram, etc., farmer suicides had increased something govt has stopped acknowledging after 2015. Most worrying part is Indians don’t wanna wake up and question this blatant overall scam and corruption. Ram and Krishna ki janmbhumi k log, have become so blind, mute and deaf that they forgot basic ideas of justice, honesty, righteousness. All they care about is cult worship.
@Shiva99333
@Shiva99333 3 ай бұрын
I don't know if what I am going to say will make sense to you , but for whatever it may be worth - here it is . The generation before us - was worse ! Just the fact you are talking about such things makes it just a little bit better - a sliver of awakening. I know it is still bleak. But getting better. You talking about it, is energy sent into universe with a "higher"/frequency quality , it will find resonance and propagate further to an extent greater than the recent past. 🙏@@joybliss21
@sourovsarker7168
@sourovsarker7168 3 ай бұрын
love from bangladesh
@vipuljain9218
@vipuljain9218 3 ай бұрын
If you really love India then please don't support the radical political parties who want to disrupt India and Bangladesh historical relationship Infact a true bangladeshi should take action against the radical political parties
@srinivasmallya8571
@srinivasmallya8571 3 ай бұрын
Wonder How Raghuram Rajan become Economist and Governed us. Country like India should have sound manufacturing ecosystem, pioneer in all fields . Otherwise we cannot be a major power in the World. We know how we were depended on China for every goods during Rajans regime. Totally destroyed our economy. Manufacturing could be catalysts for other area to grow. Rajan and his patrons did not want India to become a major power.
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@LazyAdventurer101
@LazyAdventurer101 3 ай бұрын
Not everyone is meant to be a IT professional or a banker. These kinds of professions require high aptitude and specific skills that are not easy and hence not suited for everyone. That’s why have more options than just be restricted to services
@ragul3204
@ragul3204 3 ай бұрын
He says we don't have the skilled workforce for manufacturing.
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India.
@ganeshbalasubramanian5206
@ganeshbalasubramanian5206 2 ай бұрын
5:19 - 5:24: Small correction? We may not have been *historically* good at manufacturing *only since* 1947. We were great at ship building both at east coast and the west coast. The Chola kings were the first to have naval fleets. We 'manufactured' different types of chariots, carts, knives, swords, spears, etc., for our own use, and probably exported them too.
@sandipghosh5760
@sandipghosh5760 3 ай бұрын
Why does Ranveer always seem so childish and immature when he speaks to the guests?🤔
@SM-kc5zw
@SM-kc5zw 3 ай бұрын
Mr Rajan has applied for a finance minister job in case Congress comes to power. May be its just the personal choice to work with clowns.
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@sanjaykumarsinhachowdhury6264
@sanjaykumarsinhachowdhury6264 2 ай бұрын
Rajan is still unable to understand that Rahul Gandhi or his puppet will be able to be PM of India
@rushikesh4790
@rushikesh4790 2 ай бұрын
​@@harshnaik6989stop spamming
@kothakotanikhilkumar5360
@kothakotanikhilkumar5360 3 ай бұрын
ranveer can u please share the product link of Ur brown jacket thank u in advance
@ashokbraroo8845
@ashokbraroo8845 3 ай бұрын
❤intellectual people loose their mind generally when they are outwitted in competition by another man. He thought much better for himself and felt india will be doomed after he looses job ❤
@testmygiri
@testmygiri 3 ай бұрын
Sanjeev sir, as the advisor to the prime minister can you please create surveys to understand what kind of jobs people may be interested and then try to create those kind of opportunities Also in our education system it is become very costly can you actually do something to make it more accessible to people
@js913
@js913 2 ай бұрын
This is the lion in the room. This is what we need all the time
@vkyt23
@vkyt23 3 ай бұрын
Very eloquently put. 140 cr population, we can certainly find good number for talented people for all type of jobs.
@k2lifter
@k2lifter 3 ай бұрын
RR should stick to writing papers for his gora masters. He might win a noble prize. That should keep him occupied and make him feel self important
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@kumar646
@kumar646 3 ай бұрын
Completely agree on this. 1.4 billion people can't be doing just service base business or engineering.
@Raz15
@Raz15 3 ай бұрын
good answer: Raghuram is a crap
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@Raz15
@Raz15 2 ай бұрын
@@harshnaik6989 how stupid is this argument. Manufacturing was not happening in India because Congress was happy importing everything from China. Govt need to promote a sector which is not organically developing. Because BJP is thrusting on Make in India 🇮🇳, lot of defence manufacturing started happening, you will be amazed in few years what we are capable off. These Raghu Shaghu doesn’t understand India. Stay away from such fools, thats why he was kicked out from RBI.
@therealthing5849
@therealthing5849 3 ай бұрын
Raghuram rajan is just a theoractical economist, he can only be a professor of economics and teaching students the principles and concepts. You can't depend upon raghuram rajan to take economic decisions for a country, he is very defensive economist, no country want such a policy maker at economic level who is not able to make a country develop at a great pace utilizing the country's true potential.
@moulics
@moulics 3 ай бұрын
RR says india must focus on Services and says Skills and jobs are important, but how come every one could do only be on Services ignoring Manufacturing. Looks like he is on a high and very much doubt why as a country we must ignore manufacturing and put all eggs in one basket.
@justcurious40
@justcurious40 3 ай бұрын
Raghuram is not only wrong he is malicious. He follows lagging indicators and interprets them in a pessimistic way. For an economy which is on upswing he should see leading indicators
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D .
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@adarshbharadwaj3486
@adarshbharadwaj3486 3 ай бұрын
What is happening in Ladakh, Government should focus on Ladakh
@pikachue602
@pikachue602 3 ай бұрын
Simple thing no special status at this moment especially
@mrashoksingh
@mrashoksingh 2 ай бұрын
nothing is happening in Ladakh. unnecessary creating issue.
@rohitsawant5805
@rohitsawant5805 2 ай бұрын
Dude this video is about Manufacturing, not Ladakh. Stick to the topic. Go and comment on those videos where Ladakh is being discussed. Sanyal is Economic advisor not Home Minister to ask these question.
@rampratapsingh4685
@rampratapsingh4685 2 ай бұрын
Dhruv fans are totally brainwashed,in every videos without knowing topic they come with their masters topic 😂
@pikachue602
@pikachue602 2 ай бұрын
@@rampratapsingh4685 let them shout.. It will be noisy now more
@dnyaneshdaga8444
@dnyaneshdaga8444 2 ай бұрын
Raghu - Pappu’s advisor /admirer is big Pappu
@VirRawlley
@VirRawlley 2 ай бұрын
Sanjeev is the MAN!
@nitinkawatra5065
@nitinkawatra5065 2 ай бұрын
All Raghu said was that Goverment shouldn't provide huge subsidies for Manufacturing. He didn't say, that we shouldn't do manufacturing at all.
@anikethbhat6230
@anikethbhat6230 2 ай бұрын
Why does one want to beat a person who is always wrong? RR is an agenda driven comedian who wants everyone to notice him with aspirations to sit in the LS or RS.
@AnandK_1308
@AnandK_1308 2 ай бұрын
Nobody: BB: "China. Country in East Asia." 4:01 😂😂
@raktimghosh5002
@raktimghosh5002 2 ай бұрын
I saw the interview of Raghuram Rajan he did not say that we should leave manufacturing. What he mentioned is that we are incentivizing too much on manufacturing where the margins of growth are not much because china has eaten the largest share of pie. He mentioned we should give more focus on education in order to have a innovation driven economy where we can have a larger share with greater margins which are mostly done by developed countries. But, I agree to Mr. Sanyal given the size of india we should pursue multiple avenues of growth instead of 1 singular avenue just because we were successful there.
@travelcentaur644
@travelcentaur644 2 ай бұрын
That's why Mr. Sanyal is sitting in govt and Mr. Rajan is sitting out .. Coz his approach is restricted and pessimistic
@harshnaik6989
@harshnaik6989 3 ай бұрын
Ranveer, you clearly miss quoted Raghuram here, what Raghuram ji said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@ashishjoseph3522
@ashishjoseph3522 3 ай бұрын
No one would choose the course in the university if the future prospects for a job is not available. Atleast have the manufacturing industry set up first so that people start wanting to get skilled for that job. Shallow thinking by Raghu
@amoghkashyap2695
@amoghkashyap2695 3 ай бұрын
If we were just "educating", then Maruti would never be able to make cars in India today. Suzuki partnership helped fast track the auto industry in India and the same approach to manufacturing in Semiconductors is right. Besides, Govt can continue to spend on universities and educate the workforce while assembling is happening in India. What is the rule that only one makes sense?
@amoghkashyap2695
@amoghkashyap2695 3 ай бұрын
@@ashishjoseph3522 Correct!
@harshnaik6989
@harshnaik6989 3 ай бұрын
@@amoghkashyap2695 Maruti and Suzuki came because of IITs
@dosa2990
@dosa2990 3 ай бұрын
Government subsides and ease of doing business are fundamental to encourage manufacturing
@moulics
@moulics 2 ай бұрын
As a country we need to be reslient as a country and also have diversified set of industries , insulate against any future shocks and driven by both internal demand and export demand.
@MrCMVikram
@MrCMVikram 2 ай бұрын
Raghuraman lost all my respects when he joined the Italian Rahul's Bharat Todo yatra.
@hasshah1276
@hasshah1276 3 ай бұрын
I fully agree with Sanjeev that Raguhram Rajan is wrong with holding a steadfast but senile position that Indians should not expend their energy in the manufacturing sector. Indians need to be involved in every sector - Services, Manufacturing, Agriculture,, Business, Sciences, and Cultural. Raghuram Rajan also knocked India in pursuing the designing, manufacturing, and assembling of semiconductor chips - the very sector that USA, China, Netherlands, etc. are keenly pursuing. This is how more employment will be created in the largest populous country of the world, and this is how India will be less dependent on rogue countries like China.
@MeMaster-bi6se
@MeMaster-bi6se 3 ай бұрын
Without the invention of the photolithography machine by Taiwanese scientists 25 years ago , it was NOT possible for Netherland to have manufacturers of Lithography machine, even for the whole world. If the incident on June 4 ,1989 did not occur in China, then Lithography machine made in China .
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@user-ck3ee7km2q
@user-ck3ee7km2q 3 ай бұрын
Do video on Sonam wangchuk
@1970sugan
@1970sugan 2 ай бұрын
Very healthy discussions.
@mswarncal1
@mswarncal1 2 ай бұрын
The interviewer posed the wrong question. Raghuram Rajan doesn't say there should be no manufacturing. He said Indian government is incentivizing the wrong kinds of manufacturing such as chips which is highly capital intensive, won't create many jobs and will take a long time for India to become competitive. There are already global leaders such as Taiwan in this field. Sanjeev Sanyal says all sorts of things should be tried. That would need a workforce that is well educated and skilled as well as healthy. More money should be spent education, healthcare etc. That is also what Raghuram Rajan says.
@prajwalgupta5299
@prajwalgupta5299 2 ай бұрын
Finallyyyy…someone understood what Rajan has been saying. I see all kinds of strawman responses to his argument. Per se, I am not necessarily asking people to agree with Rajan but at least understand what the man is saying and respond to his actual argument, not a made up one.
@user-bh3jt7eu9n
@user-bh3jt7eu9n 3 ай бұрын
Agar ham India mein manufacturing sector par focus nahi karenge to kya 1.3 billion population ke consumption ko fulfill karne ke liye ham trillions of dollars ke goods ko foreign countries se every year's import karenge. India mein already 47% popullation agreculture sector mein kam kar rahe hai. service sector mein female workforce ko jada involve karna chahiye. India mein female workforce ka participation rate only 23% hai. India mein logo ko Employment dene ke liye manufacturing sector sabse important hai.
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@user-bh3jt7eu9n
@user-bh3jt7eu9n 3 ай бұрын
@@harshnaik6989 Foreign companies ko attract karne ke liye only India incentive nahi de raha hai. Tax Incentives for Foreign-Invested Enterprises China ne 2022 mein 280 billion dollars ka incentive diya hai. china EV companies ko between 2009-2022 mein 28 billion dollars ka incentive diya. Malaysia, Vietnam, Indonesia, Thailand etc. south Asian countries bhi foreign companies ko incentive de rahi hai. USA semiconductor industries ko $280 billion ka incentive de raha hai. Jo aap assemble karne ki bat kar rahe ho. China aaj bhi smartphone ka only 30%-40% component hi china mein manufacturing karta hai. and electronics ke majority component Japan, Taiwan, South Korea, USA, Europe etc. se China import karta hai or assemble karta hai. China mein ab labour cost high hone ke wajah se assembly ka business South East Asian or India mein sift ho raha hai. China ko 'Made in China' start kiye more than 30 years ho gaya hai. China ko 30% electronic component indigenous manufacture karne mein 30 years lage hai. Ham Indians soch rahe hai ki 6-8 sal pahale 'Make in India' mission start karke ham China ko challenge karne lagenge. China mein 15-20 sal pahale electronic product only assemble ho rata tha. Phir china mein dhire dhire bahut se supplier develop hone lage or Chinse companies ko kaphi experience ho gaya and aaj wahi companies VIVO, Huawei, OPPO, Xiaomi, One1+ jaise big Chinese companies ban gai hai. Dhire dhire India mein bhi aisa hi hoga. wait and watch
@gururajaacharya8667
@gururajaacharya8667 3 ай бұрын
People of Bharath had enough under Mounmohan, PC fin min & Raghu as Gov of RBI of UPA & that period worst since independence.
@deepasmitlenka7682
@deepasmitlenka7682 3 ай бұрын
Let people get free things at home.... That is raghu.... You dont grow economy by doing this.... U make people lazy and unselfish... People need to be selfish in order to progress.... I am not a great fan of Gandhi
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@varungumma6751
@varungumma6751 3 ай бұрын
India jumped from primary agri sector directly to tertiary service sector, we missed development of MANUFACTURING sector, so improvement in a person's life shouldn't be stopped just bcz a person is good in A, it's not written anywhere he shdnt improve his B skills
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@varungumma6751
@varungumma6751 3 ай бұрын
@@harshnaik6989 FDI has its own advantages too
@vibhakarmirajkar2750
@vibhakarmirajkar2750 2 ай бұрын
Liked t thinking process of Sanyal Bring t two together to agree & disagree. Fun! And knowledge ?
@vikramkrishnan6414
@vikramkrishnan6414 3 ай бұрын
Another huge point against what RRR is suggesting is AI: India currently handles a lot of backoffice and call center stuff and a lot of it is going to get automated away. We have a 5 year window of either massive getting into industry or getting squished.
@teenbull2907
@teenbull2907 18 күн бұрын
Even a lot of low end manufacturing jobs would be eaten up by robots and automation
@anubhavp9261
@anubhavp9261 3 ай бұрын
Current outsourcing service industry is an extension of colonial system where Colonial masters hired educated Indians to do their admin jobs. Service industry also should look inwards and become independent of serving only foreign entities.
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@anubhavp9261
@anubhavp9261 3 ай бұрын
@@harshnaik6989 Wow such a great insight. .My premise was based on the policies of USA and China to attract manufacturing. You are right if Tesla wants to come to India let it come or let them go to Vietnam or Bangladesh...
@musemotif
@musemotif 2 ай бұрын
Very well explained. Totally agree with him.
@piyushpandey2480
@piyushpandey2480 2 ай бұрын
Sanjeev sanyal sir is so FACTUAL
@jayaroy5091
@jayaroy5091 2 ай бұрын
As an Economist and I have to say modern economics is a completely different Outlook.
@shashirodrigues
@shashirodrigues 2 ай бұрын
Verr true
@bitopantalukdar9820
@bitopantalukdar9820 2 ай бұрын
India has always been a country with a mixed economic system,so there should always be a balance of services and manufacturing sector....A lot of people are engaged in the agriculture,who just cannot leapfrog to the service sector overnight
@niranjandama
@niranjandama 3 ай бұрын
Completely agree with this guy
@shivamchaudhry5959
@shivamchaudhry5959 3 ай бұрын
He said raghu is a friend and there are disagreements. And people in the comment section go ballistic. We sure have a lot of clowns. These intellectual people who run countries disagree on things and people just would talk shit. Education sure is very necessary, skilled manpower is a must to grow in any part of the economy and it should be scientific not based on political opinions of a politician.
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@deshdeepwasu69
@deshdeepwasu69 3 ай бұрын
Well indigenous capability doesn’t mean capturing we can naturally capture global markets.Should absolutely be done but with due investment in vocational education and training. Raghu said the environment wasn’t ideal based on quality and skill.. cost with subsidies and taxes on imports of some necessary inputs. Manufacturing is an opportunity. Sure. Will we hit it out of the park.. needs to be seen.
@harshnaik6989
@harshnaik6989 3 ай бұрын
Excatly, these kids in comment section just talking things without knowing what he said. what he said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@djv7804
@djv7804 3 ай бұрын
Very well said Sanjeev Sanyal 👌
@loniagarwala9608
@loniagarwala9608 3 ай бұрын
Growth is not always good, specially when resources are depleting. Why not stand still and wait till recuperation .
@anikethbhat6230
@anikethbhat6230 2 ай бұрын
Thank god you are not in Bharat sarkar. Standing still was what the great economist moun mohan singh practised.
@loniagarwala9608
@loniagarwala9608 2 ай бұрын
@@anikethbhat6230 😀
@vpmanoharan2274
@vpmanoharan2274 3 ай бұрын
I have been foxed and not able to understand why people with names after lord ram which their parents affectionately named are enigmas? Evr in short ramasamy naicker insulted hinduism . Some others with similar names seem out of place sitaram yechury and raghuram rajan.
@user-nl8hb8hw1w
@user-nl8hb8hw1w 3 ай бұрын
I think Raghuram rajan was against over emphasis of manufacturing and over subsidising for lower ends of manufacturing but not manufacturing itself.
@Parsinger90
@Parsinger90 3 ай бұрын
Raghuram Rajan does not have even a single Economics or Finance or Accounting Degree. He had a finance subject in his Management Degree in USA. Check his Wikipedia page. Raghuram Rajan, under all the noise - is just a Misleader.
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India.
@sainims3059
@sainims3059 3 ай бұрын
Great
@phanivinayak5371
@phanivinayak5371 3 ай бұрын
R.Rajan shouldn't be taken seriously at all.
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@user-lq5lv1lz6t
@user-lq5lv1lz6t 3 ай бұрын
❤❤❤❤❤
@dbiswas123
@dbiswas123 3 ай бұрын
Raghuram Rajan holds a green card (GC) in the United States. He is not a U.S. citizen. He regularly renews his GC. Rajan remains open to exploring good opportunities in India; if such an opportunity arises, he is willing to relocate to India. Similarly, if he receives a better chance in the Chicago area or elsewhere in the United States, he is open to pursuing it. It can be observed that Rajan is *not strictly committed to India or the United States* and is willing to consider opportunities in both countries based on their respective merits towards him and not to the country he serves.
@harir3628
@harir3628 3 ай бұрын
Good but he should stop saying mindless stuff. He is not even an economist, anyone countering me please let me know from which university Rajan studied economics?
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India.
@quantumdagger2462
@quantumdagger2462 3 ай бұрын
​​@@harshnaik6989 brother ,we are importing companies because we don't have the capability to do it ourselves. There is no local startup to kill. For example microcontroller,CPUs we have no concept of that in India. We need foreign companies to transfer the technology that only happens when you give them something in return. Yeah innovation is key but for that to happen you need infrastructure, investment, and above all experience which India currently lacks and foreign companies brings that. Some startup not going going to randomly wake up and start producing mass market chips like tsmc does. No matter how much money you spend on startups .
@rohithak9419
@rohithak9419 Ай бұрын
Well raghu ram should not have grudge since he didn't get attention and salary what he expected
@yashparanjpay6037
@yashparanjpay6037 Ай бұрын
Totally agree with Sanjeev, and disagree with Raghu. In my field, AEC, most engineers and architects use software made from abroad, while they earn peanuts, and the software companies earn millions. Why can't we have indigenous software. We are 1.4 billion people. Cant we develop any competing software, like Autodesk (tbh they're a lot better than most). Were increasingly becoming a country with labourers sitting in AC offices, and paying companies hefty sums of money to companies abroad for the privilege of doing so.
@yashparanjpay6037
@yashparanjpay6037 Ай бұрын
Sounds like MR RR wants to keep us enslaved to the west, or the likes of Infosys (no disrespect to them) just indians to work 70 hours plus a week. Sounds like you're just selling indians to the west. Modern slavery.
@sagniksingha
@sagniksingha 2 ай бұрын
The comment section tells the sad state of people's mind. They can't comprehend layered messages. Raghuram Rajan had criticized the govt's untrue ambitious narrative that India is a manufacturing giant and phone and laptops are manufactured on Indian soil. This is as good as misleading people since at most we assemble stuff. He used the key phrase "value addition" which is minimal in India.People start thinking govt did enormous amounts of work to make this happen and let's vote for them. Truth is most trains, smart infrastructure, wifi towers have only minimal investment as show piece which once have faults would remain faulty and non functioning. So there is a need to come clean on what we as Indians can manufacture from top to bottom or more large enough to claim significant value addition. He merely pointed out that we should redouble efforts towards service sector to boost our economy doing what we do best and stop spreading misinformation. He didn't say stop emphasizing manufacturing. Service sector might very well trickle down some money to create opportunities for the manu industry. Creating controversy out of nothing without understanding layered information by an academician. Sorry state of affairs.
@sundaresanmurali7949
@sundaresanmurali7949 Ай бұрын
I see more doll for kids in made in India earlier only china. Similarly cell phone charger made in india. I dia should do chips computer aeroplane etc
@GuruprasadGV
@GuruprasadGV Ай бұрын
"on a very human level what causes the disagreement to form" what a dumb irrelevant question 😂😂😂
@pikachue602
@pikachue602 3 ай бұрын
RRR IS CONTRADICTORY TO HIMSELF A COMPETENT MEMBER OF THE SYNDICATE PROJECT
@shaileshdurve7674
@shaileshdurve7674 3 ай бұрын
He should not dream of becoming Finance Minister, since INDI is not coming to power in near future.
@prathammishra9931
@prathammishra9931 3 ай бұрын
Raghuram never said this exactly
@allrone792
@allrone792 2 ай бұрын
We are importing a number of manufactured items from other countries using hard earned dollars. And do we have to plug these out flow of foreign exchange wherever possible. Having plenty of skills for manufacturing, we should do well in manufacturing. Even manufacturing chips is manufacturing. But our present eco system wherein unions and politicians decide the fate of companies, it is very difficult to compete with China on office front since events china is a communist country, the workforce followed the directives of the managerial forces but in India even in a government office managerial functions are dictated by unionist labourer on every front. The minute rampant unionism takes over the IT sector, we can say good bye to our efficiency in this sector too.
@narenmenon6906
@narenmenon6906 Ай бұрын
Could we have sent Chandrayaan to the moon, and Mangalyaan to Mars without a wide ranging capabilities in manufacturing? How do you make a fighter jet such as Tejas or a nuclear submarine? And there has to be domestic demand that must be met by domestic supply chains or we will be forced to buy crucial items from our potential and powerful adversaries. And without all these don't even dream of making microchips and for ever be contented with using obsolete technology. Even friendly nations such as Israel and France are not sharing the latest and greatest with us. until it becomes "yesterday's technology.
@khandubkhot5514
@khandubkhot5514 3 ай бұрын
Ranveer, you really need to learn how to ask thought provoking questions and study the topic in depth before the interview. I learned nothing from this.
@personaldata1270
@personaldata1270 2 ай бұрын
Hollow sa lagta hai ab kuch baad ye podcast. Ek acha set of questions nahi hai puchne ko. And more importantly follow up questions ajeeb se hai. Overall its not a gud discussion. Lallantop pe saurabh se pointers le sakte hai.
@Manikumar-vx5zu
@Manikumar-vx5zu 2 ай бұрын
I thik Raghu is good communicator, he should join call center.😂
@rajeshparam8638
@rajeshparam8638 3 ай бұрын
I think RR given too much attention which he doesn't deserve...
@harshnaik6989
@harshnaik6989 3 ай бұрын
what he said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@rajeshparam8638
@rajeshparam8638 3 ай бұрын
@@harshnaik6989 Even LKG Student knows this...
@rajeshparam8638
@rajeshparam8638 3 ай бұрын
@@harshnaik6989 Expertise can be built over the period. No majic wand around...
@rajeshparam8638
@rajeshparam8638 3 ай бұрын
@@harshnaik6989 Preaching is easier than said and done. What was he doing as a RBI governor then???
@ketakinikini
@ketakinikini 3 ай бұрын
Rahgu Ram Rajan qualification mechanical engineer. But since that did not click he went for a certificate crash course in finance. With just a certificate course he found a great way of licking congress boots to become RBI governer. Achievement a big Zero!!!. After the failed stint of Indian job all his predictions went wrong!! Now Ranveer should decide which company he should keep.
@harshnaik6989
@harshnaik6989 3 ай бұрын
What a lie you speak here😂 He graduated in 1985 and was awarded the Director's Gold Medal as the best all-round student. In 1987, he earned a Post Graduate Diploma in Management (equivalent to MBA) from the Indian Institute of Management Ahmedabad, graduating with a gold medal for academic performance.[15] He joined the Tata Administrative Services as a management trainee, but left after a few months to join the doctoral program at the Sloan School of Management[11] at Massachusetts Institute of Technology. In 1991, he received a PhD for his thesis titled Essays on Banking under the supervision of Stewart Myers, consisting of three essays on the nature of the relationship between a firm or a country, and its creditor banks.
@harshnaik6989
@harshnaik6989 3 ай бұрын
Raghuram sir did not said that, what he said was Gov should not put their money to bring foring comoanies to set up there companies here. If some forigne companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India.
@ketakinikini
@ketakinikini 3 ай бұрын
@@harshnaik6989 Raghu Ram Rajan is a failure just like his boss Rahul pappu Gandhi
@storyofeverything552
@storyofeverything552 3 ай бұрын
The first step of manufacturing is assembly, you have to learn from foreign company first growing a company from scratch isn't a easy task . ​@@harshnaik6989
@Death__0
@Death__0 Ай бұрын
Raghu CCP bot is wrong about so many thing not just one, he even quote wrong data/stats to prove his assumptions. This is the level of shamelessness he has.
@djv7804
@djv7804 3 ай бұрын
I guess now everyone understood today why Raghuram Rajan was kicked out by the BJP Gov..
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@raghuramkondapuramraghuram5158
@raghuramkondapuramraghuram5158 2 ай бұрын
We are really taken aback. Now we have been told to develop the economy? Govt is nothing to do?. After 10 years this is what. we here.. Let us be straight : As soon as economy is taken over the Economic planning unit role is taken off. This removed the base mark set to start with. Notwithstanding total economic reforms were done for 10 long years copying west. We have strong objections for long that our culture and style are different from west and it is disastrous to copy theirs where i social infrastructural developments are getting priorotised at the cost of national development. . This can only be equat upon reaching developed country status.. India has gone through extensive and rigorous 100% made in India concept for 50 years and now reintroducing Made in India has removed all facilities developed into the high tech fields and restarting from scratch. These decisions have decelerated the GDP growth and worst still unemployment and % of poor increased.. Looks like there is a big mistake done and is being realised now!. It looks real that for 10 years only trial and error management prevailed at the cost of national development and missed opportunities. What is needed for India was upgrading the advance technology training and implementation on all basic amenities India produced to make from safety pin to rockets and jet fighters and huge 1000mw pwer generators and superr computers and made mars mission possible in first attempt at 1/10 cost in 2011. Later we failed to achieve 100 % success of chandrayan 3 and seeking launching pad for 5000Kg satellite eventhough we developed rockets to carry 6500 kg payload. Looks like we have lost 10 years in all our lives. Who is responsible for this? GOD BLESS.
@s.ks.k6328
@s.ks.k6328 3 ай бұрын
Raghu is a congress clown.. U have seen him in Congress Bharat Jodo Yatra.. He wanted to be FM of congress Or at least MP seat..
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
@gsnijjar7931
@gsnijjar7931 3 ай бұрын
Sanjeev Sanyal is absolutely RIGHT I have no time for Raghuram Rajan He is the one with double standards
@harshnaik6989
@harshnaik6989 3 ай бұрын
what Raghuram said was Gov should not put their money to bring foreign companies to set up there companies here. If some foreign companies want to come by themself then its not an issue , but gov providing hige intesive for them to setup their plant is an problem. Why ? It because with that move gov kills local startups and it stops local companies to grow, insted gov should spend money on Universities and Indian startups so that they come up with their own product ( truly made in India and not assemble in India ) Raghuram ji is against Assemble in India. Infact he said most companies find hard to find skill labour, that means our universities are to be blame, Gov is not providing them fund for R and D, Raghuram Rajan ji clearly said Manufacturing will happen organicly if Gov spends its fund on Universtoty and create talent pool, he was against forced Manufacturing practise ( by inviting foriners companies )of this current gov.
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