30 years of Socialism (1947-1980) | Economic history of India | License Permit Raj | Modern History
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- čas přidán 11. 07. 2020
- In this video we will learn about 30 yrs of Socialism in India, Licence Permit Raj, Nehruvian Socialism, Economic history of modern India, Indian economy after independence, LPG reforms in India.
Summary of Emergency Period in India
@ 11:21 • Summary of Emergency P...
/ amitsengupta01
Great explanation!! This is how the education system will be in 10-20 years down the road!!! But you're way ahead of it already!!! Thanks for these advanced way of teaching!!!!
I hope not...it'll be a disaster.
@@prashantd6252 I mean this is how people will be learning things!
Unseen blessings will surely bestow upon you sir...God bless
Hahaha..ajeeb chutiya h ...abe shaadi krne insee🤣🤣
@@manindersinghbisht1058 such a cheap language and you want to be an Officer.. shame on you sir
@@tarunsahukari8357 you're telling me you want to be one? You see nothing wrong with OP's comment?
Honestly are you all from the same class?😂 its like bad English day or something here in this comment section and everyone's talking about "becoming officers"... whatever that means🤣
@@manindersinghbisht1058 karle inse* Tu pehle thiik se likhna siikhle troll baad mei karna😂🤦♂️
@@prashantd6252 oh you grammar nazi! What an edited comment of your's is teaching about correctness!
Stop being high on yourself buddy!😃
When we still have free food rations for poor, midday meal, MNREGA, LPG subsidy, free healthcare in government hospitals etc etc etc, I don't think we can say socalism has ended in India.
Welfare state is the vision of our constitution makers .
But in terms of Economics Socialist Economy has specific Definition when government controls what and How of the commodities. Its has ended after LPG .
As you said yes its true but every thing shall be changed slowly because indian people have been in the habit of living in a socialist economy for 70 years that is why govt is making changes slowly like privitaisng trains and stations first then may be they will do full railways may be not but yes changes are held slowly slowly under the table and moving towards capitalism.
We have innumerable people under poverty while other capitalist don't. Unless we penetrate deep into the state, complete capitalism is impossible and huge famines inevitable.
@@user-wl5tv4jl7v how? Beurocracy makes everything slow asf.
Hm.... Welfare state has not been ended and it shouldn't be ... Mid day meal, LPG subsidy, food security , agriculture subsidy all are very important components , but socialism is a different thing where state owns and controls the economy. We are rapidly moving from that point , particularly in Modi's era ... I have no problem for that .But in India capitalization is more a monopoly or duopoly of few handful companies in many sectors. I dislike that aspect .
Could you mind continue the same post LPG reform from 1991 onwards till date, so that we can have excellent resource for last minute revision....a mere thank saying is nt at all sufficient for your efforts sir, keep continuing...👍
India began dominating the global markets till UPA-2 govt which became more Leftist-Socialist and under Modi govt that became nationalist demonetising 85% of currency and centralising inter state taxation through GST, but now after Corona economic crisis, the govt has again woken up to liberalise and privatise the economy
@@indobalkanizer6557 lol UPA1 was good but UPA2 was disastrous. Under MODI india's GDP GROWTH RATE exceeded 8% but he made a disastrous step of demonetisation.
Also if u see more than Modi Indian States have a greater role in economy.
Just see telengana. It's GDP has increased 3X in last 10 years.
Just 3 states UP, bihar, Bengal are dragging whole India down. These 3 states have whopping 33% of Indian population but are laggard in GDP and per capita growth. Indian government has failed to industrialized bimarou states like up, bihar, Bengal, assam, MP, Rajasthan. These 4,5 states are reasons for Indian poverty.
Also 1991 reforms helped just 3,4 states like maharashtra, Gujarat, tamil nadu, karnataka.
These 4,5 states also get 90% of all FDI in India.
It will be helpful for us
@@mayurkanth6987 Can you elaborate on how demonetisation was disastrous for GDP growth(asking for knowledge nd ntg much)
@@light5903 demonetisation destroyed indian MSMEs.
Msmes work on cash and demonetisation choked the supply and payment of cash.
Just check india's GDP GROWTH GRAPH u will see a constant decline from 2016 on wards.
This video is a hidden gem in you tube ...thank god I found this ... Thank you for compiling ... No book covers this topic in such a chronological manner
Sir this is The most comprehensive video that covers entire post independence area , in simplest and holistic manner which I have seen
I just played the video and didn't know when it ended. It played smoothly and I just got immersed in this video. You are great sir thank you so much.
India should've Industrialized from the start and embraced Capitalist and Economic reforms, We would have been developed since the 60's or 70's .
Socialism is needed for the development of the country but too much of it is poisonous. We should embrace both
@@jenkar5716 socialism just should stay in railways , bus transportation, hospitals, medicine,power . It is poked in all the industries that's why we didn't excelled in anything.
@@jenkar5716 Socialism is only needed in some sectors like Railway, Nuclear Power, Space etc... There was no need of Socialism in areas like Automobile, Accessories, Textile and their likes.
Crash Course of 1857-1947. Its been a long time, Please 🙏
Thank you sir
Best Narrator i have encountered so far... Even history sessions are also enriching as much as this.
I honestly think you can make literally anything engrossing you pour your mind into. Big Thank you ☺
Dear Mr. Amith: Excellent narration of post independent economic policies until the liberalisation was introduced. But you missed a crucial economic related event (selling the nation's gold reserves for payment of crude imports because there was no reserve foreign currency available, and another brutal political assassination on 21May1991.
The best encapsulation of India's economic history after independence. Thank you.
Also important to mention that the imf mainly funded by the united States gave India the loan in 1991 under the agreement to liberalize
Your videos are extremely informative and precisely explained..... This kind of representation should be given at the school and college level so that...new generation can have the proper knowledge about history.
Dear Sir please cover the Modern history of India from 1885-1947 to . As usual with your effective and concise explanation through timeline it will be like a booster before UPSC20 . The way teach it's beyond words. Thanks for the video
Comprehensive and to the point perfect for upsc aspirants .. thanks to the sophisticated voice
Best way of narrating the history with a to the point approach! Best video Sir👍
With your superb voice this lecture with full fledged explanation steal my Studyful mind and learning heart❤!!
Thanks a ton Sir🙏🙏
Wow! Finally I find a channel which is extremely amazing 👀💛.
Looking forward for more informative videos from you and thanks for your precious time and efforts. 🌸
As always you come with a compact way of teaching.. please make a video of 1857-1947 modern history timeline.. eagerly waiting for your upload...god bless you sir..bhalo thakben 🙏
Mr AMIt after enjoying your Video cannot LOg off without saying a huge thank you sir..From north east India Nagaland
The economy was liberalised because of the pressure from the west when we needed relief package and bailouts from the financial crisis erupted due to soviet union's crash. The west laid out the terms for our bailout of which liberalisation was a part of.
yes
No matter what... A socialist governement will fail!
Only Freemarkets work. There is nothing like a Rich and abundant Socialist Country
@@user-tm8wy1hx7n rich and abundant society means unequal distribution of wealth, rather one should look towards adequate form of distribution within the society which benefits everyone irrespective of csste creed class. Free market is doing nothing but widening this gap by creating abstract freedom
@@Bhomik98 harsh truth is that inequalities will prevail. No matter what. One need to be chained to outgrow his/herself. And that is what Socialism and Communism try to do. Not letting people grow just for the sake of equality. Equality which has never been achieved. Will never be achieved.
Passing of some power from capitalists to absolute bureaucrats and dictators.
I am willing to be unequal. Just like everyone else trying to make themselves better off.
It is basic duty of every person to bear their own burden. Nobody else is responsible for them. Thats the most free society we can achieve.
Taxation is justified. That should be the upper limit of socialism. Take moderate taxes. Thats it.
@@user-tm8wy1hx7n you numbnut Communism is not about equality.
Sometimes I wonder what India would look like if it was capitalist from the start of independence. Maybe if it was still protectionist on the outside but had free markets on the inside?
From inside? When? Doing business in India is still in one of the lowest rank in the world!
@@indobalkanizer6557 I mean if we had more capitalist policies from the start
Like Hong Kong
@@BinanceUSD exactly, Bombay, Calcutta, Madras and most prominently Jamshedpur were developing greatly under the British Raj just like Hong Kong
@@AvanRoyOfficial animal farm
Excellent lecture. Thank you very much,Respected Sir. Respected Sir, please, upload comprehensive lecture series on "Latest Economic Survey 2020-21" & please, keep on uploading the rest lectures on rest 4 parts of "Union Budget 2021-22" for UPSC CSE 2021 Exam Preparation.
This presentation must took a lot of time to explain in a lucid manner. I love the way you teach🤩 May god bless you sir.
But Sir what about the video between 1857 and 1947 its so complicated to memorize such dates and events. I know u can solve this problem not of only mine but also of many students. please make a video on this topic as well sir🙏
must have taken...etc. you've made so many mistakes/errors
you really need to work on your vocabulary, grammar in general the whole damn thing first.
1857- 1947 is really highly complicated, b'coz there where different different policies in different provinces and princely states . You really have read a lot to get an insight of pre independence economy of India...no short cut for that ...
I created a whole page of dates and timeline from his 1857 video and memorized all dates. Try it. It really works
Thankyou a lot sir....it was a huge compilation of information made interesting in few minutes...a extraordinary skill sir...it wud have taken months to gain these concepts if one go through books and internet. Thanks a lot sir
🤩 Wow, brilliant - You have made such brain churning area to a "Grape Wine". Thanks! Great respect to your work.
I am sharing your channel as much as possible. I am one of the 1000 subscriber of ur channel sir. U r grt sir
If we thank this era of internet that its making knowledge accessible to all than its due to teachers like you.
Thank you sir🙏🙏🙏🙏🙏🙏
Then*
holy shit 🤣 what is wrong with you all? It's like everyone here....is everyone in this comment section from the same class...😂🤣🤦♂️
Simply outstanding. So much of information in such a short amount of time. Hats off
Sir...I'm waiting for ur new videos daily....u r the reason to restore my interest 👍🙏
It's really gd lesson for all person who have interested to know about our country's ascending economy .thank you sir
Excellent video, helps to contextualise overall economy , FYP, politics . Please continue such kinda videos. Thanks.
This is awesome. U just made my boring school history into a compressed fun pack
Thanks for making this timeline. It was hell needed.
Ur videos are always informative sir i have a small request please make a 2nd video for mordern history ( from 1857 to 1947 ) sir like u made from 1600 to 1857
Thank you so much sir☺ your current affairs videos and geography videos are too good and it's very helpful for me! Sir I want more modern history videos and economy scheme videos. Thank you.
Winners will do the things differently
Kudos to you 🙏🙏👍
When you start liberalising the economy by nationalising 6 more banks XD
🤣
😂😂😂😂
F in the comment
Was that supposed to be a joke? Why did he mention liberalizing the economy by nationalising banks?
🤣🤣🤣
quality video sir....very informative ...this helps us a lot to know about indian political economical , social any many more....thaxs a lot sir
Miraculous way of teaching... Always keep it up 💪.
Thankyou so much sir for this wonderful analysis of Indian economic journey
Your way to teach is best . Sir could you please make few videos on Indian Polity and International Relation according UPSC level . I am preparing for UPSC with this optional but as I am not from human science background couldn't able to catch up topics . I am following so many online classes but your explanation found best .
I like the mode of your teaching, timeline.
Very educative. Well presented and conveyed a balanced view.
The way u explain I just say.. It's best video ever I have watched.. Thanks
Hi Amit Sir,
Thanks for the noble work that you're doing.
Request you to please make a video(maybe in parts) on 1857-1947.
It's demand of almost every subscriber!!
I would love to see one for the US and Europe. People need to see how destructive socialism is. Thank you so much for sharing ❤
Thank you sir for such a great explanation
so much informative...thank u very much sir
God bless u....keep it ahead
Sir, Your videos are always informative and excellent. Thanks for making such wonderful videos.
Sir one short crisp lectre on MICRO ECONOMY & MACRO ECONOMY.. plzzz sir, u r way teaching is SUPERB... U r my TRUE GURU🙏🤗🕉... GOD BLESS U ALWys
Amazing this is the thing which i was searching, this is the perfect way of describing sth , your all videos are amazing, wonderful thank you thank you so much sir
all your* or all of your or you're amazing and all of your videos are....vocab...work on it.
The video was very informative and easy to grasp. Thanks a lot sir for such a beautiful summary.
Thank you so much for your efforts sir you are helpful person for needy and poor students. This analysis very helpful for every aspirats.
Carry on sir 👏👏👏👍👍👍👌👌👍👍👏🙏🙏🙏🙏🙏🙏🙏🇮🇳🇮🇳🇮🇳🇮🇳
What an art of teaching! Great...
Excellent commentary please make similar commentary on LPG REFORMS for the benefits of those who are interested 👍
this video is gold. I kept it inside my treasury liked a hard disc. Thank you, sir
Sir I m impressed with your emergency video , that was great 👍
Awesome Lecture , Thank you Sir
Really appreciating your efforts...♥️♥️♥️
wow ,,great waiting for the nxt episode
Presentation was awesome 👌 like ur other videos
Wish to see more and more videos from u sir
Chronology of socialism easy to grasp and presentation of the one line actually it easy to understand and remind.
Thank you sir.
This tree like explanation make your videos unique among other videos in You Tube and makes listeners understanding well. Thank you...
Hello sir.. Just becuase of you I got 96 marks in geo in class 12 boards. Thank you so much sir. Your videos really helped me a lot.❤️
Salute to you sir. I'm studying more from your Vedios for UPSC
THANKS SIR FOR YOUR AMAZING EFFORTS
Great presentation and easily understandable! Thank you!
Tnq sir. U always give us a quality and valuable videos. 🙏
Sir
Your classes are very useful and effective for us
Please do medivel history for us sir
It would be must helpful for most of us 🙏
I love the way u teach... Thank u sir.. very easy to understand...
Love your timeline videos. Helps a lot. Please make a timeline video of "india after independence"
Thanks a lot Sir for line by line great explanation :-)
Thanks a tons sir, u made it so simple to understand.. 🙏
U made everything simple and clear ...
awesome awesome very basic points are covered..these are foundation for current affairs
Most Informative video... Sir jee please complete History party part 2
1857 to 1947 🙏
God level explanation.. Thanks a lot Sir.
Sir Do videos on Ancient History and Mediaeval History
Kings and Kingdoms , So confusing Sir , modern history we can manage but Ancient and Mediaeval History is some what difficult Sir
medievel antha weightage ledu kadha bro upsc ki
@@rammohan8333 How do you know that I know Telugu language
Because of my name you recognised that Iam a Telugu Person
@@mohanvelakapuram4877 inti peru batti and name batti kanipetayachu brother
@@mohanvelakapuram4877 If you want do watch studyship with kriti.. She really explained history well.. And I just completed my 12th and because of her I got 95 marks in history in board exams.
I hope it'll help you👍
U explained so brilliantly 👌👌💐
More power to you... Great job...god bless you
Nicely explained. Sir, please continue from 1991 to 2020
But poverty and famine in India is the fault of capitalism.
That was sarcasm.
socialism and communism always cause poverty, then loves to blame capitalism for its own failings.
There has been no famine in india since 47
@@leaveme3559 Bihar famine of 1965
@@Papa-ur3ju roughly 2000 deaths really not much of a comparison
@@gwho asal baat ye hai ki communism kabhi sahi se implement hua hi nhi kahi bhi. Sabse best stakeholder capitalism hai, shareholder capitalism bhi bekar hai.
You are a terrific teacher. Thank you💯
Great job, well explained
Very informative.. good stuff.. keep it up..
You explain very well..thanks...please make a video on types of govt in different countries
Thank you sir for imp video 👏👏 👏❣️
very informative!! thanks a lot sir
Awesome sir, keep it up🙏
Sir very helpful... But can we get a economic reform video since 1991 till date? There are not much material available anywhere
best version of preparing for UPSC is here 👍
Sir very good and informative video so far
Pls make one video for rest of the time or from 1991 to 2020
Really very informative video .thanx u sir
Thnxxx for mention 1987 bofors scandal ,please make separate video on this
Answer please-
How do you prepare timelines like this? Which application you are using?
Really it is very helpful for us ,,, thank you so much sir
Sir.. Plz complete crash course of modern India after 1857
Humble request sir 🙏