Just how rich is Israel & how it got there with no oil. And yuan reality check for rupee nationalism
Vložit
- čas přidán 6. 07. 2023
- #cuttheclutter #israel
This episode of Cut The Clutter derives from two pieces of fine journalism from ThePrint stable. The first is a report by Nikhil Rampal on how Israel, with no oil reserves to speak of, beat its oil-rich neighbours and economic doom to emerge as the second-richest Mideast nation, ahead of even Saudi. The second is a report by TCA Sharad Raghavan, who has learnt from government officials that 10 percent of India’s oil imports from Russia are being paid for in the Chinese yuan. Editor-in-Chief Shekhar Gupta explains how Israel got its economy booming, and discusses what trade in yuan means for talk of rupee globalisation. Ep 1267.
---------------------------------------------------------------------------------------------
@CoorgWildernessResort
More here - www.coorgwildernessresort.in/
--------------------------------------------------------------------------------------------
Read Israel per capita income now 2x Saudi’s: How it beat economic doom & troubled neighbourhood to get here: theprint.in/world/israel-per-... IMF’s working group paper her: www.imf.org/external/pubs/ft/...
Read India is using Chinese yuan to pay for 10% of its Russian oil imports, rest in rupee and dirham here: theprint.in/economy/india-is-...
Watch 'Is de-dollarisation a possibility? Can alternatives esp Xi Jinping’s Yuan & a BRICS currency work? here: • Is de-dollarisation a ...
---------------------------------------------------------------------------------------------
Exclusive content, special privileges & more - Subscribe to ThePrint for Member benefits: theprint.in/subscribe/
---------------------------------------------------------------------------------------------
Connect with ThePrint
» Subscribe to ThePrint: theprint.in/subscribe/
» Subscribe to our CZcams 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
Exclusive content, privileges & more - Subscribe to ThePrint for special benefits: theprint.in/subscribe/
Oh my gosh, you are an unbearable person, you repeating same thing, same sentence, 5 times before you move to next sentence. unbearable. who do you think you are talking to? kinder garden children? why you are repeating same thing over and over before you move talk about next point? ghosh you are unbearable.
You are the one who declared first that India should not accept BRICS common currency, india only should stick with $. I said India has two option, either India accept BRICS currency managed by BRICS Bank which India is a member and India has a say in it, or accept Yuan as a reserve currency and India has no say whatsoever and India is slave to another reserve currency. You pretend to be smarter person, India will never and should never accept BRICS currency.
This tells what a ignorant moron you are.
BTW, In FOREX anyone can buy currency, India is buying Yuan using $.
So, again you are total wrong
😊😊😊😊
Please add subtitles for hindi and other regional languages so that they can also understand
Please add subtitles for hindi and other regional languages so that they can also understand
Hi sir. I'm from israel and I love watching your videos, thanks a lot for making this video about my country.
I have few points to add though:
1. Education is really ingrained in the jewish culture. Through centuries, jews from all over the world, regardless the place they lived (usually in small villages), were always constantly studying. It wasn't uncommon to have a village where jewish kids can write and read while their local adult neighbors could not. There was usually a Rabbi (equivalent to a guru) who taught kids about the bible and everything else, and through these lessons they developed sharp thinking skills.
2. Debating and raising questions - It's common in israel for an employee to enter his boss office and tell him "I think you're doing it wrong" and how they can change for the better. It's common to raise a red flag when needed, ask hard questions and suggest (even if no one asked) how things can be done better. This work culture which might seem a bit "rude" for outsiders generates a very fruitful, productive enviorment.
You didn't mentioned divide and rule and making two brothers fight each other and enslaving others through interest based loans and cons piracy against the nation you were living before creation of Israel and spreading corruption in the land... That's what Je ws did
Emphasis on education is one trait that Indians and Israelis/Jews have in common.
Indian families spend up to one third of their income on children's education.
The educational system in India is not commensurate with the importance ordinary Indians place on education though.
Love the chutzspah
@@biorig education system in India needs reform, we are tired of the same rote learning and unnecessary curriculum which never benefit us in real life
@@ZaidKhan-su3ey
Every Indian student suffers this parrot learning that too without reasoning. 😢
“If you think education is expensive, try ignorance.”
- Derek Bok
"Men are born Ignorant
They are made stupid by Education"
- Benjamin Franklin
Derek it’s Muslim population of 18 percent , because of its educational and democratic values has helped Israel. Even in INDIA Muslims constitute 20 percent of population and are highly educated and law abiding, which is helping INDIA progress. Look at France almost same story.
@@youthink5552bro indian muslims are among the poorest and least educated as compared to other religions The Print has even made a video on that😂
@@youthink5552😂
I hope you are alright mgf. Don't cry too much about Gujarat High court's decision.
Kothari Commission in 1964 recommended to invest 6% of GDP on education. But they never acted upon that. In 2011, C N R Rao told Manmohan Singh that India had an examination system but not education system
Yes because when private company wants to open a factory the so called unemployed people will go against it.
Contribution of American Jews is worth mentioning. A lot of Israeli politicians are American educated and American businessmen. When it comes to India, as long as the corruption is rampant, real change won’t happen. So it’s the people’s responsibility to bring zero tolerance practices in India.
There are almost more American Jews than Israeli Jews. The Rotschilds alone have more money than the rest of the world put together. The culture is making money and it doesn't matter how you make it. Look at George Soros.
My portfolio has good companies, however it has been stalling this year. I’ve approximately $700k stagnant in my reserve that needs growth, any suggestions to grow my portfolio will be highly appreciated.
Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.
@Brilliantrans Please can you leave the info of your investment advisor here? I’m in dire need for one.
Love to all Indians from Israel. We love visiting India, in fact my brother is there right now!
❤️frm IND
@@YouAreSpeciaIf**k Palestine
Free Palestine
Love you brother. We Indians are always with Israel
we indian love you sir!
You are our boss
Plz love us
It's good that we're right now thinking about rivalling China, the US and countries like Israel. This means someone hopefully will take note of these shortcomings and soon rectify it so that India grows and every Indian becomes prosperous with it.
Incredibly optimistic given how self serving and narcissistic our politicians are
@invictus4431 if we stop looking at these countries n dont learn from them, doom is certain. This is inspiring not depressing.
A good vlog on the Israeli economy. A good example of how far ahead it has been ahead of a country like India on high tech and IT industry is that the day India rejoiced the listing of Infosys on the Nasdaq a few decades ago, Israel had, not one, not two or three, but 28 IT firms listed in the Nasdaq.
The Oil States did not even know that they were standing on oil fields. Even if they did they didn't have the capital or technology to extract it.
Even if it had it had no market for oil.
These states owe it all to the west.
They paid back more than enough to Western companies for a long time. For a long time Western companies were majority shareholders of these oil fields and became filthy rich in the process.
More oil is being consumed in East than West
@@Manikanta-hh7wp That's present situation and it is a trend that began only 2019.
The Saudi King in the 30s didn't even understand what the British came there to dig for. He just hoped they would find some water in their digging so it could help their chronic water problem then.
They knew there was oil there. It was a real nuisance, sticking to their camel's feet all the time.
“MOSES dragged us for 40 years through the desert to bring us to the one place in the Middle East where there was no oil” - Golda Meir.
😂
Lmao 🤣
No, golda Meir dragged herself from Eastern Europe to occupy Palestine through european terrorism! 4 billion dollars annually from the US helps to reduce the financial stress to focus on R&D!
Last month we went to Israel 🇮🇱 it’s really Beautiful country they have everything very beautiful stone for construction big see Jordan River Dead Sea fruits trees gardens and for 1 Euro 3.90 shekel their money in Exchange we notice it’s Rich country they don’t have oil more clean well disciplined country of Jews we thank God he Blessed this country abundantly frGermany 👍🌺🇩🇪
I was on a solo trip to Israel this year and the country is on another level. No less than California.. India is nowhere compared to Israel. Jerusalem especially is extremely beautiful. Tel Aviv still has some average neighbourhoods but JLM is just perfect. And most importantly all this being a democracy unlike other countries in the region..
Why u lying? They are a fascist state not a democratic state lol
India will do good for itself if we open a R&D centre in every school, college, universities and other educational institutes at the earliest. Something or someone will make good use of it. Let there be a culture of research, experimentation, innovation and entrepreneurship in India.
Until and unless you dont punish the bad teachers/professor and reward good ones nothing gonna change. Imagine a job with zero accountability and zero fear of losing it will people do it in good faith.
Not possible .... We have Rote learning and pathetic professors.
We have lots of r and d in news channels and CZcams , Hindu vs silkh vs Islam vs Christianity. 😊 We don't need anything else
Intrested in getting good package and big fat dowry😂😂😂😂
@@agnimitram340 I agree with you. But punishing bad teachers would be stretching it. Because one reason is what's the criteria of a good teacher? How about we stick to celebrating and rewarding good teachers, this can be measured after a survey from their students and management.
The reason Israel is rich because people don't look for handouts,freebies. They work hard .They are very innovative.
In India, we subsidize everything other than education and healthcare.
They also Don't go and Build 3500cr statues and hire helicopter for flowers showering....when millions are sleeping with hunger everyday in the country
@@tejesheconomics40723500 crore is peanuts. We are building 1.8 lakh crore of highways and bridges every year, which is good.
And wasting 2.4 lakh crore on MSP procurement, that causes waste of rice and wheat in our godowns.
@@rajx7120 oh really how did modi from 2014 increased Loan Burden on India from 50lk crore in 2014 to 150lk crore in 2021 an increase in 100lk crore loan in just 8years......where did money go...Bullet train never came....no visible improvement anywhere....where did 100lk crore go....How did for 68years our leaders took only 50lk crores only and did this much progress.....and modi took 100lk crore and vanished it .......may have to friend Adhanj
They get billions in aid from America every year lol
Not to mention technology transfer and military aid.
It’s amazing Shekhar, just few weeks ago I saw Israel’s GDP per capita and could not believe it to be higher than many EU countries! I always thought Israel to be middle income country and many Israelis move to US for better opportunities.
Great episode
They're still growing rapidly too, not just in income but population as well. One of the few rich countries with a high fertility rate mainly because of the attitudes to having children there.
@NoMustang273 nah. Their population is growing fast because of illiterate and poor Palestinians whose only source of entertainment is procreation. Jews have a much lower fertility rate
Yes with all my tax dollars funding these thieves Israel will have great GDP for aure.
It is the country where Jesus Christ chose, to be born, live, suffer, die and resurrect. Lord Jesus's blessing is always with this country and will proser and become stronger.
THE BEST DECISION I EVER MADE IN MY LIFE WAS INVESTING IN THE CRYPTO MARKET. TRUSTED NEW ME GUYS, IT REALLY PAYS A LOT ! 😊
Yes, crypto market is highly profitable
How does this crypto stuff really works and how do I make good profit from it?
@@D-law65for you to earn real good profit like any other people, you need to be a pro trader but for newbies like you need a real professional trader,
*Do you have an idea of any good broker I can start with that's trust worthy*?
@@William.ManciniI would recommend my current broker MRS AVA KIMBERLY' . She is currently earning a lot of profit for me and her services are top notch
love Israel from Sri Lanka. Excellent explanation. Thank The Print
Not to mention only country in middle eadt to win all wars they fought, incredible country, something india should learn from strong military, economy but strong democracy as well
They also lost....esp with lebanon...
Israel all round skills,❤
They never fought any war with Lebanon. Hezbollah is not Lebanon and 2006 war was stalemate with Israel causing more damage
They are nothing without USA Iran is continuously threatening Israel and Israel is begging usa for help to intervene every war in middle East happened after Israel formed USA had great relationship with Muslims countries Israel ruined everything Jews control Americann politics
Because …… we help them “US”. Israel wouldn’t exist without our taxpayer’s money.
This ctc should be one of the most unexpected and engrossing one in recent times, SG. Short but very informative and nicely compiled. Kudos on deciding to go with this. SG, please do some a ctc if possible on India’s act east policy progress because, India for the first time referred to South China Sea UN rules in a joint statement recently.
Israel is very impressive to be such a rich country (per capita income). They deserve all the praise for such a great achievement.
I remember one Israelites scientist came to my state meghalaya and he said that my state can support food grain to the whole world. If meghalaya is in Israel then it would have been produce lots of agricultural products. Then I can imagine how advance and develop they are in all areas in agriculture in defense in business intellectual. They are specially blessed they are the choosen nation by the almighty
True and the worldly people don't recognise it. Why Israel and the judeo Christian world have thrived like no other countries in the world because they believed in the true living God of Israel. One day the world will see Lord Jesus Christ ruling the earth from Jerusalem. People will laugh at my comment but they will see it one day very soon.
God bless. ✝️
@@brachamelechkap9711 we should be proud of our country which we are born in. We are born in India and we should be proud of being an Indian. It was God's plan and will for us to be born in this great nation. The true living God Jehovah is called the God of Israel but he is the God and father of all mankind who created everything we see and not see. God loves India and he has great plans for India. He has sent great missionaries to this nation because he loves the people of India and he wants the people of know him and be saved.
God commands the church to pray for our nation, people, leaders even if they are against us. Pray for India and its leaders.
@@brachamelechkap9711 John 3:16. God so loved the world that he gave his only begotten son that whosoever believes in him shall not perish but have everlasting life.
@@user-ox5lk2ze2b I believe in what you said. There are some heart desires.
@@brachamelechkap9711 why not try the Indian army?
Let's just realise the core issue with state of current Indian system we do have some excellent policies and competent system but all that gets vanished under the extreme corruption that our country faces, we are so busy in-fighting amongst ourselves that there's no respect between government and opposition. Israel got ahead because they realised that they are surrounded by enemies who want Israel gone from the face of the earth and that they have no natural resources so they invested in science and technology they are highly nationalistic and there's no major discrimination amongst Israelites they care for their nation and that's why are so far ahead. Imagine if India got similar money from Reagan in the 80s almost all of it would be gone due to corruption.
We are divided people on a lot of things but then that's also our strength and we have to let go of out petty differences and put fellow citizen first. We need to heavily reduce corruption and tax evasion and the general lawlessness if we fix these core issues then we can definitely get ahead of any country in the world.
Bang on bro. More political education is needed. We must understand the truth that we're getting fucked from all sides. Corporate West is bleeding our companies dry and has no regard for international tribunal orders(Go Air fiasco). China is just playing around at this point. Russians don't give a rats ass about anyone except themselves. The Islamists are too religious to ever back india.
The true strength of India is the smarts of its citizens. We are bloody smart but we aren't educated well enough. In an economic realist world we have what it takes. Let's get this party started, it's about fucking time!!
Corruption is getting reduced due to digitisation.
@@BasEkKafir Then how is medical admission happens in your state. Digital?.
Education plus nationalism coupled with good governance is the recipe for success. Whichever nation has technology leadership has the key to global dominance.
Just Like Germany 🎉🎉🎉
No Indian, Israel isn't rich. Don't get me wrong they do ok to make the most of what the they have. But without direct United States monetary support Israel could not exist.
This the same with Jordan, Armenia, and other countries.
@@mandarinandthetenrings2201American aid to Israel isn't even 1 % of their GDP. America no longer bankrolls Israel, except in the military where it's true America funds about 15-20 % of the Israeli defence budget but no country gives money for altruistic reasons. Israel is required to exclusively purchase American weapons, which in return create jobs and boost the American economy. Also, it's worth mentioning that since Israel constantly faces warfare, they're battle proving American weapons - they're basically marketing American defence companies.
@@mandarinandthetenrings2201
The US gave loan , everything else they had do on their own.
lessons for INDIA
1.Stop Welfare Politics
2.Stop Socilist and socilism and nationalisations
3.Invest in R&D, Education, EDUCATION, Education
4.Focus on service (tertiary & quinary sector)
5.Minimun Government (Only Should be a regulator, less red tape and bureaucracy)
For those who are young, let me remind you that FAIRCHILD wanted to invest in India for semiconductor manufacturing in early 80s but they got scared away from our Formidable bureaucracy BABU's of govt. Think of what would have happened, India would have been an semicounductor superpower in the world today. what did indian people get then, govt opened a govt company to of semiconductors.... and it failed miserably and also spent billions of tax payer money.
No welfare, no socilists politics, Respect Merit, Minimum Govt, currency rate decided entirely on market's will.
UK need to learn from Israel as well. Welfare state is an ideal breeding ground for laziness, drug use,benefit fraud, crime and illegal migration.
Agreed, Adani got all Indian assets by Merit 😅
@abhishekjha1996 I agree, can't let people people will without food rations.
OP mentioned Education but Education has to be better quality. Even to this day indians are riddled with unhealthy levels of superstition, castisim, and tribal mindset. I'm a Hindu, and I don't say this lightly but Hindus have to change. Even against vedic knowledge, sole parts of the culture are super weird and kind of holds people back, nation back.
@@abhishekjha1996- yes but there is massive leakage and if we make sure that only the deserving get the benefits we would save several thousands of chores. Steps are being taken under Modi government to increase DBT but more need to be done particularly by State governments.
and most importantly, foster a good relationship with the US,
why? because that's who has the key, that's where "all the things" come from.
a lot of you don't want to hear this, but that's just how it is
“Thanks to quality education, Israel is one of the most advanced countries in the world .. Israel is advancing in high-tech even more than other developed countries.”
- Bill Gates
Thanks to billions and billions of mandatory payments to Israel by USA govt
@@haris1328whine
Provide free education & training to all citizens - from nursery to any level - PhD, super-specialties, & by education & training i don't mean "a for apple, b for ball"... real education system that ancient gurukul used to follow, what japan, switzerland, south korea & israel are doing. provide that level of education free for all citizens.
& then u don't have to EVER provide free electricity / free healthcare / free housing / free ration / free transport to anyone. u don't have to subsidized anything after that. only if high quality life changing education & training is free from start to any point.
all schools in country should be govt controlled only. & instead privatize all ports, air ports, railway, intercity transport services - buses & metro,
& specially hospitals - when people get free/cheap treatments, they don't care abt health. the extreme high cost of medical facilities, treatments will make you realize that there is nothing more valuable than health. all bad habits - alcohol, drugs, tobaco, junk food, will be gone.
so there should be no free/cheap traveling, no free or cheap treatments.
remove multiple tax slabs & tax exemptions. 7% tax, compulsory for all rich n poor. total tax collection will increase, business can grow & more job opportunities will be created.
all of these changes starting with free high quality education n training can truly catapult INDIA ahead of all major economies. we keep glorifying oil n gas as resources, while the biggest natural resource for any country is the young population - 67% population in INDIA is young & full of untapped potential.
nothing should be free or subsidized except education & training.
- Me 😊🙏
@@haris1328United States aid to Israel isn't even 1 % of their GDP. Also, it's only military aid which is required to buy only American military equipment.
@@Elivinu ok
Couple of superb subjects addressed in this CTC. Extremely enlightening 😊.
Per capita Income does not talk of wealth inequality. Hence, ranking countries based on per capita also doesn't show which country is really wealthier than the other.
Low population helps in the GDP per capita calculation for these countries… Though I’m not discounting their R&D progress… A lot of quality start ups have originated from Tel Aviv.
India has a lot to learn about the priorities a nation must pursue for the development of its people....Israel formed in 1948, Singapore formed in 1965, South Korea in 1945 and India in 1947....but the Indian standard of living and per capita income has a long way to go when compared to Israel, Singapore and South Korea....India is still stuck in the mire of religion, communal, caste and ethnic issues and of course our neighbours in the North and West.....but then again Israel too has very unfriendly neighbours and so did Singapore
The difference between India & Israel is Israelis don't get guilt tripped in name of Religion
The culture of India is as old as time before colonization, and while you can say the same about Israel and South Korea, these were manifestations (arbitrary somewhat) thanks to WWII, they practically owe their industrialization to the US
Singapore has very unfriendly neighbours? Says whom? In fact Singapore's rapid growth was partially credited to it being located in a stable region. Its immediate neighbours Malaysia and Indonesia have good relation with Singapore since 1966. Bulk of consumables in Singapore is exported from Malaysia. Malaysia also supply water to Singapore. Almost a million Malaysian currently working in Singapore. Singapore never went to war with any nations since its independence unlike Israel. So your comparison of Israel with Singapore is not an apt comparison.
Excellent analysis.
Respect from 🇮🇱
Big respect to Israel! Its human tendency to value resources which are limited. India with its vast resources, has been wasting it whereas Israel makes the best use of its limited resources thereby leading to big success. Resources are valuable in that country and hence used optimally.
Hope Govt encourages not just IITs but other tier 2 and tier 3 institutes to pick up real world challenges and problems in every stream as final year projects for the students so they can directly contribute to the innovation, development and progress of our nation and the world in general.
Loving these recent episodes focused on economics
What a great analysis.. I'm UPSC CSE aspirant n it helping me a lot. Thank you so much sir.
At 5:00 450% is huge !!! This also indicates a change in Israel's monetary policy which in turn indicates a change in Israel's politics. We must also consider the share of logistics in Israel's economy.
I believe primary education/Quality teaching is critical and crucial for developing a wave of generation.
We fail miserably in this aspect of life. During early years , only 1% excel because of god gift/ grit to learn , 15-30% excel because of good parents / teachers.
Israel should be our inspiration. They’ve also helped us in Kargil war, They’ve handled things really nicely barring some recent protests
Its always great 👍 listening to you Shekarji 👌
You are truly a treasure trove of the best Indian Journalism ❤
Sorry i apologies for my many comments that didn't match to the actual reality
Best kind of news......great work.
The continued emphasis on R&D, no wonder they are leading in technology and research. 5.6% of gdp is stunning rate !
Too bad modi is actually spending less percentage of total expenditure on R&D than Congress governments
The percentage maybe less, but absolute is higher, and wastage is less.
@@rajx7120 absolute will always going to be higher as GDP increase. Now being 1.4 billions of us how much per capita expenditure do we spend on education and R&D ....we have one of the lowest per capita income in the world 🤐
@@pruthvirajchavan-patil380To increase per capita income, we need to implement farm laws, and labour reforms.
Farm laws, will improve market prices for farmers. And labour laws will improve manufacturing jobs.
@@rajx7120 it has nothing to do with farming. You don't increase your per capita income by doing good farming but skilled job, industrlisation, investing in education and human resource by turning human capital to good use ....modi is not doing anything like that
in the lehru's time, india used send satellites every day into space, we also made fighter planes, submarines, etc. etc.
Excellent analysis and reporting!
Great and simplified perspective
Israel has a successful, highly diversified hi-tech sector, but they do have a problem. The rapid growth has lead to a real shortage of people to work in the hi-tech sector, which leads to higher wages as companies fight over the best workers. High wages reduce profits and also can put a dent in foreign investment, that has become a lot more price-conscious. This is then leading to a lot of Israeli companies moving overseas...possibly to India, where workers are more plentiful.
I am seriously addicted ❤️ to your quality ☝️ content. Keep up 👍 the good work, sir. You really teach us a lot, make our day.👌👌
go for some one else content... this Print is a anti Indian news outlet just like Quint bbc etc.
Highly informative and educative
Very uniquely explained, Sir ✍️✍️✌️✌️🙏🙏
Very informative, as usual. What Israel has done from 1985 onwards is extra-ordinary, wonder how much of political opposition some tough decisions have faced. Is this an example of nationalism triumphing over petty political rivalry? Lots of lessons we must learn from Israel but of-course, let be pragmatic... we will not.
A brilliant de-cluttering piece giving a very good insights on how Isreal became so rich! India really should mine or invest in its greatest of resources which is human resources. But I'd like to point out that it has already started since 2015; when AAP decided to spend 25% of its budget in education. Most of AAP's welfare politics is investment or mining in human resources. I may also add that the demons of anger and hatred unleashed by BJP since 2014 nationally is the biggest impediment in development of human resources. Because it benefits only a few at the top leaving the very percentage of people out of the development opportunities. Look at Manipur to understand the devastating effect of politics of anger and hatred Biren Singh government followed. We must recognize and appreciate AAP's welfarism policies. Rather than brooding over "look how Israel became so rich from a broken economy", we should recognize, appreciate and promote the one in India.
Well said! 👍👍
Agreed. The lack of nuance is quite dangerous as well. We can learn a lot from Congress' schemes in Karnataka as well, especially regarding the unemployment payments and such (I don't agree with all schemes but do appreciate the thinking that went into them). The problem of inequality is oblivious to the top strata of Indian society, who will thus label many welfare schemes as 'freebies'.
@@RK-bx1byfreebies are called freebies for a reason... Karnataka govt didn't invest in education or infrastructure...It invested in minority funds..
Hello and thanks SG... Good addition to my knowledge
Congratulations to Nikhil Rampal for his excellent and incisive analyses which once again mentions the crucial role of high quality basic and higher education. A narcissistic, delusional and uneducated leader leader who boasts about "opening one college a day" is our biggest handicap.
Another country in the same league is,Netherlands or Holland. It has a small land area, but is an agricultural hub. We can learn some floricultural and horticultural techniques from them and grow fast or faster than present growth rate.
After India adopted Inflation Targeting in 2016, the Rate of Inflation nose dived by half from averaging at +10% pre 2016 to hovering down to 4+%, but Covid caused a lot of damage, but India is still controlling between 4%-6%, but the greatest disadvantage for India is it's population and as the majority of the population is a very young population, which will cause the Interest rates to fall to as low as 2.5% or even as low 1.5% which will cause further inflation
Also demonetization caused huge setback to our economy 😢
@@mg.f.9023 i disagree, Demonetisation was desperately needed because if we store money at home even if we pay taxes, just holding money at home makes our money lose value on a daily basis, infact if Demonetisation hadn't happened, the rich would have lost more money than the poor
In the recent days, CTC touches very rare topics, salute Shekarji
assalamoalikum Saad Sheikh here from Pakistan, Sir very gud analysis and ur suggestions are almost insight for all of the nations who want real development.. and its only HR development and R&D based tech n ind exports which circulates money through all sections n classes of the country hence money dont precipitated on just elite and industrial class... ur line and im quoting ; Its the human minds we should mind" .............
5:48 - Israel cut on welfare spending, are our netas listening? Now, in order to defeat Modi, Congress has unleashed a slew of ‘guarantees’. God save us.
These episodes should be in multiple language subtitles
India has DIVERSITY and IMMENSE human potential. Though we are now starting to doing better in the R&D area, it can be improved significantly more. Around 1876, John Hopkins was the 1st one to focus more on research and success followed. Soon the US govt gave lands & grants to set up state wide unis requiring them to set up research areas in addition to their regular academic faculties to promote higher education. Universities were rated on research output and funded accordingly. In the years to follow those policies paid rich dividends making US the undisputed leader in research and technology.
India can follow that playbook and leverage the demographic dividend, a rich civilization and diversity the country offers.
You should also look at how much announced and unannounced aid they have received, that will be the highest aid per capita.
Look at the support that they have received.
The wilderness and dry land will be glad. The desert will rejoice and blossom like a lily. It will blossom profusely…” (Isaiah 35:1-2)❤🎉
Intel, GE, Microsoft, and other semiconductor industries have innovation laboratory in Israel
Moreover, Jews people generally are innovative and entrepreneurs majority of the technology sector companies in USA invented by Jews only
India's focus on defence manufacturing and exporting, is part of its High tech ambition
very informative
Shekhar ji, Israel not having natural resources is a outdated story.
About 10 year's back Israel discovered a lot of offshore natural gas, not in the Qatar category, but enough to make them self sufficient and export some to Europe.
However, that is not the secret of their wealth.
1. As regards Russian rupee balances, it is possible that India can import goods required by Russia from anywhere in the world and export it to Russia, just as India is importing oil from Russia and exporting it to Europe!! We need to think innovatively and offer workable solutions to hook Russia to Indian Rupee. Of course, without violating sanctions on Russia!! 2. In the meanwhile, India may use AED or Yuan etc. to pay for Russian imports.
That will deplete our precious reserves. Then where we will go for our needs?
India will risk secondary sanctions by the Western countries if it imports on Russia's behalf, not to mention that the Chinese must already be doing this for the Russians (having a land border makes it much easier).
There is an entire beach known for them in my state, and most of them spend time reading books rather than being on mobile.
If Israel is so rich, why does US send it 3 billion dollars in aid every year? (Used to be 6 billion).
America never helped any countries without a profits.
In most countries, the comment section for this video would be littered with anti-Jew hatred. God bless India for not going there. The many Indian people I know here in London are similar in their work ethic and focus on education- and they tend to be successful too. ❤
I think you'll find there's anti zionist comments rather than anti semitic. Shouldn't conflate the two.
@@easternise oh no there’s little distinction. Same tropes, different name.
@@jeremyspokein9383 that's what the Zionists hide behind when they've lost the argument the world over. You need to go back to the drawing board but good luck in trying to defend the indefensible.
We must invest in R&D and education after the infrastructure... we already waste so much money on elections and corruption...We need to invest heavily in infra to become a manufacturing hub...Global CEOs are saying that we improve a lot...Modiji must cost-cut some of the areas for R&D...if we can send Chandrayan, we can also build hi-tech missiles and other defend
Very informative and helpful to understand the issue Sir, Thank you !
BTW can you stop the history lessons from the young historian of the Print if you can recommend only please ! Thanks again!
Thank you. Good presentation.
As it is the week of Wimbledon, I would love to give tennis analogy. Djokovic lost a match to Nadal and in post match interview, Djokovic was asked How did it feel to lose the match so miserably in 3 sets.
Djokovic told the media," I figured him out and started to control the match in the 3rd set. If not for cramps and my body, I would have won this match.
This attitude is what made him the GOAT. Noone believed he will win 23 Grand Slams. He won it god dammit.
First aspirations to be a superpower will make us take decisions to be one. I don't understand why people wanna say we are nowhere compared to China and USA and many other countries in the world. It is not rocket science. Everyone knows it. But the idea we need to work hard as a nation to reach where those nations reached is important and working for that idea is necessary.
The Indian intelligentsia is a slave to their past. Change is what people most afraid of. All this dinosaurs should stop pulling down nation and rather celebrate that we did something worth talking.
Whether India will become DJOKOVIC or not is not in your hands, it entirely rests on the next two generations.
First have the sense to chose a PM who is educated long with the cabinet.
Great ...❤❤❤❤❤❤❤❤❤...
Sir now a days the closing music is not there. As we listen only your voice and not watching the video,we don’t ( for a short ) period of time if it is over or still continuing 😀
Socialism and pacifism from 47 broke the back - thats the lesson
In Jesus' Name, Amen ✝️ God Bless Israel and Jerusalem ✝️🇮🇱✨
Your a loser. They spit at your nuns and insult your Jesus. Scumbag
Israel is an inspiration to all weak countries. We should focus on R&D and should not hesitate to ask for global help. That way we will become like Israel. Sadly coutries like Saudi, Qatar etc solely depends on oil and gas exports. They have enough money and should invest in tech fields. India have such a manpower but sadly we were taught Hinduism Islam differences.
The difference is that Isreal has one goal, one vision, they don't have multiple opposition parties that protest aganist any new reforms that the central government makes.
Yes like demonetization 😂
@@mg.f.9023 Like GST, Land Acquisition Bill, and Farm Reforms.
The only reason that Israel is successful, is because God promissed that after a long exile, he will gather the Jewish nation back to Israel. And after that prosperity will reach to the area where the Jewish people are gathered, and it will bring prosperity to the whole world.
Now we see all theses prophits beeing reality.
I know that SG likes to give reality checks which is good but the fact is that unless we have the ambition to get started on some of these things (eg: a globally traded rupee), we are never going to get there. It is much better to chart out what needs to be done to realise these ambitions rather than to give a message that it is never going to happen.
He didn't say it is never going to happen
Is a globally-traded rupee even good, considering that it'll hollow out India's nascent manufacturing industry?
@@RK-bx1by I am okay if that argument needs to be made on the basis of facts and precedents ... In this case, presenter can make a case for course correction and following a different strategy... Rather than trying to say that what you are trying to do is not gonna happen !
very good analysis❤
Very interesting session
Please do a CTC on National Research Foundation.
I am a staunch BJP supporter. But my grouse since last nine years is that they have not made adequate allocation to education, research and health care and infact I always felt the real amounts have come down drastically. To understand look at the number of students who want to study abroad as study opportunities have not grown here as it should have. Wish someone had adviced PM on this seriously.
Advise is given to one who listens 😅
Studying abroad is to obtain work visa over there. If anybod says otherwise they are lying through thir teeth
Until we have someone from Kerala to become PM.
I agree, though, to be fair, a lot more people can afford to go abroad now compared to 8 years back, but yes a lot more could have been done towards R&D, etc.
@@RK-bx1by R&D is hard And it's not for everyone especially for people who seek fast gains
Is rupee payment helping in stabilising usd / inr
Awesomeness is watching The Print.
Increase in Yuan, will actually be bad for China, because China is an export based economy. Stronger Yuan, will hurt China's exports.
Whereas, US has trade deficit, and hence strong USD is good for them.
Hence, I think India should pay all it's oil imports to Yuan. This will strengthen Yuan, and make Chinese imports uncompetitive in India, and give breathing space for India's own manufacturing.
Well said.
But overtime China will shift to more high value exporte like the West... I don't think its hurts their bottomline too much, this is good for the world
@@LaluBhaiya1233 You understand that once Yuan becomes acceptable for global trade then they can easily manage the issue of demand and supply of the currency. The type of export doesn't matter in the analysis.
Yuan is not on free float and India can't buy enough to make oil to make the chinese change their peg. This is the worst monetary advice i have ever heard
@@IndiaTides Yuan isn't going to become any kind of serious reserve currency like the dollar. The chinese don't really want to do that.
Israel is rich because Americans want them to be rich. They are the biggest recipient of American aid . Us aid to Israel is more than that to the entire continent of Africa. Secondly 70% of Israelis are of European and American origin. They carry EU and US passports and have access to US universities and jobs. Give Indians visa free access to US universities and US job market for 30 years and see where India will be .Right now VISA is the only obstacle stopping India from totally dominating US universities and tech companies.
And as to rupee vs yaun you are absolutely right. I thought of it long ago. If you have yuan you can buy anything , china is the biggest supplier of almost everything. From underwear to nuclear reactors everything can be bought. If dollar will anyway be challenged it will be by yuan. BUT the Chinese are their own biggest enemy, the crack down on tech companies, government interference in business, lack of rule of low etc all go agaist a country holding its reserves in Yuan. China has reached a point that's its further rise will not be exponential without freedom, democracy and rule of law. It will rise only linearly in current system.
I'm looking for this comment!
Not fully true. US also gave billions in aid to Afghanistan, Egypt and look where they are. The answer is clear. Culture and ideology plays a huge part in economic success. See more: en.wikipedia.org/wiki/United_States_foreign_aid
@@Ali_Khan60 your argument is flawed . Nazi germany and imperial Japan had twisted up ideology yet had great economic progress. White founding fathers of USA were slave owners and considered Blacks and Indians next as apes, yet built a great economic model. Don't justify Israel's apartheid and occupation based ideology by showing its economic progress.
@@atherzaidi5871 Few things:
1. Indians receive more US Visas than any other country on earth
2. I was referring to your point: "Israel is rich because Americans want them to be rich. They are the biggest recipient of American aid" Many other countries have received US aid as well but have failed to grow economically (eg: Afghanistan and Egypt received more aid than Israel annually). One of the causes for this is culture and ideology.
A fantastic presentation
As far as Currency Nationalism is concerned, had this trade with Russia been done by the UPA Govt. in Yuan, the NDA would have gone berserk...demanding resignation from the PM...etc..and now just see the silence of media houses !!
Unfortunately thanks to our policy of Reservations, We keep losing our best minds to other countries, Primarily the US
That’s a convenient myth. What we have in india is a shortage of quality (mainly in education but everywhere in general too). Most top universities in the US are private universities. Why do we in India have no hope beyond IITs and Govt universities?
@@madhavdiwakar1100 "Most top universities in the US are private universities. Why do we in India have no hope beyond IITs and Govt universities?" - I think some work is happening in this direction. One example I would give, Plaksha University. Very different curriculum, good faculties with research focus.
Those who clear these exams and get the seats, they move on to the other countries through the jobs, how did reservation play any role then? Everyone moves out for a better quality of life, reservation at least provides a medium of tapping into the human resource potentioal of majority of the population as a medium, i dont expect you to understand how in a society like India there are far worse barriers than an affirmative action
@@arunsar7893 yeah there are steps in the right direction, but if we go and ask the good folks at Plaksha University on how much bribes they had to pay, how many bureaucrats and politicians they had to convince, how much trouble UGC gave them, I’m sure they’ll have good stories to tell.
That's an example of lazy thinking. People who have privilege and means to leave the country do so for better reasons like high salary, quality of life, family reasons etc. For these HNIs (high net worth individuals) reservation is the last concern.
Modi fans will now say under modi ji India is also spending 2 percent of GDP on R&D focused on winning polls, breaking parties,ignoring Manipur and coming up with comical taxes.
Isreal is made rich by its brainy, hardworking, smart working people..
Thanks for keeping the comment section open here. 'The Print' website's comment section has been taken down.
Interesting how Shekhar Ji, did not mention:
- Israel exploitation of Palestinian labor who have no recourse fight back and work in semi-slave like conditions
- Receives billions from US, no strings attached every year
- Sells weapons and tech, tested on people living in open prison system in Gaza (the Palestinians)
- Constant resource and land grab
Exploitation is at the heart of Israel economic system. India should not emulate them but it already is.
Topic is different, whatever be the situation but it cannot be ignored that israel never fails to amaze in technology and education
@@jaswantkumar8293 How is the topic different? It is about how Israel got rich and does not mention free cash that comes in every year, giant pool of labor to be exploited etc.
These are economic factors that are hugely beneficial to them.
“His lack of education is more than compensated for by his keenly developed moral bankruptcy.”
Woody Allen
Lot to learn from 😮
A rudimentary doubt...if rupee or Brics or SCO is to be the reserve currency then why are we stashing US dollars. We feel exuberant when dollar reserves touch 600 billion and get worried whenever the reserves come down by a couple of billion. Also India's population is 140 times Israel's. Can we really afford R&D at 5.4 per cent of GDP? I think we are chugging along fine having come out of a once in a century pandemic relatively unscathed.