India's Economy vs. Democracy Trade-Off
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- čas přidán 11. 04. 2024
- Ruchir Sharma, Rockefeller International Chair, says that India has made a tacit deal with Prime Minister Narendra Modi to sacrifice some of its democratic liberties for economic growth.
Indians will decide what is right for them...not a foreign media
Modi will decide, not Indians. 😂
India adopted worse form of democracy. Anyone can stand up and stop beneficial projects.
Glad to have a bit of dictatorship.
My vote goes to Modi. Development in last 10 years is phenomenal
@@ronsmith5601 right...but after Indians decide on Modi..
@@ronsmith5601 Modi is a citizen and has one vote.
Yes..but India has already decided 😅
He is the same Economist who a decade ago (10-12 yrs) had rated Pakistan's economic growth above India's.
Be careful on what he has to say about Indian politics (mainly on biased assumptions) and no credible understanding of the ground realities.
So called economist
@@user-xz5qq7gl9j even im economist and actor
@@user-xz5qq7gl9j lawde ka economist. land pe rakhte h aiso ko western news journals. he's a useful puppet
Bloomberg and the Chinese propaganda. Match made in heaven
Jai shree ram …. Modi Amit shah ambani and Adani … rock solid for Indian economy … I wish they give us stable Hindutva government for next 15 years…
If there is no freedom of speech how half of the states running opposition government and how so many online media channels surviving. You better be watch your mouth Ruchir and Bloomberg anchor.
It is not used always only when it becomes too big to control. Show me one TV channel which speaks critically of anything Modi does.
simple question, then why is modi gov sending out referendums to moody's and goldman sachs on credit ratings ?
whole universe knows india is electoral autocracy and just one stage away from dictatorship
He clearly mentioned it's not "Freedom of Speech".. it's "Freedom after speech".. Can say whatever you want.. However, Say if a person has a massive following and they've been very critical of the government..
Then it's mostly likely that they've painted themselves as a target and are under the radar of the government's investigative agencies
Indians have patience, if we can't speak we will speak through our votes. No one can ban a person from voting which is against all political world rules.
@@praveenspike Having a vote alone isn't enough. Indian news is filled with propaganda swaying votes
Rai bahadur is serving his masters as usual
Well if you would like to keep your head under the sand you are welcome to do so
They were the traitors weren't they
Indian media is the most free. One can hear people abusing modi openly in public and on TV channels.
Lol good one. And modiji has had the largest number of press conferences facing questions from the public.
Nope that's not true. Mainstream media , like Times Now, AajTak, India Today, Republic, Zee News are all sold out to govt
and why should he face press ? isn't press so 19th century when Modi can reach people directly
And you also see lots of critics and arrests of journalists. Which news are you watching?
@MrKar18 and who exactly are the so called journalists who got arrested ? I mean they are f**king courts to decide who get arrested and why
Anti India propoganda but public are not fool
which indian media, which spoke against PM Modi is under investigation ?? are they under investigation for speaking against modi or for irregularities ?? so its convenient now for everyone to say that they are investigated because they spoke against BJP rather than for the crimes they have committed. you made sense till @3.40 mins
Ruchir Sharma - another sepoy of USA
Ruchir Sharma is simply a paid agent of CIA tool called Rockefeller Foundations and Ford Foundations, so are Teesta Setalvads, Barkha Datts and many political parties in India which are part of CIA funded tool kit gang to implement colonial DIVIDE AND RULE STRATEGY
Shame on you Sharma. Your anti Modi bias is self evident. On the one hand you say that Modi is a dictator and on the same conversation you say that half of Indian states(provinces for the west) are ruled by the opposition.
For the press freedom I will give the viewer one example of the freedom. I am from Kerala, the southern most state of India. Here all the newspapers, all the news channels are anti Modi and anti BJP. None of them have shuttered .
Please be impartial to be a best judge. Your own credibility is at stake. Better luck next time
For ur kind information, the news media should always act like opposition parties. They should question the government. They should be the voice of the people. Why are you so concerned that too from the rebel soil of Kerala and speaking like a blind bhakth. 🤦🤦
@@dinesh6489 I am not complaining at all . I understand that you are an anti national element wishing to side with western powers or their cronies.
The argument of Sharma was there Modi government is suppressing opposition. Here you yourself agrees my point that there is no suppression of dissent. But, if the opposition is anti national, pro Islamic terrorists then no one can help.
@@dinesh6489 So why isn't Mallu media "acting like opposition party" at the state level?
Better to speak like "Bhakt" than to speak like a hypocritical doofus like you!
He is good friends with pronoy roy
@@dinesh6489what blind bhakt, brother what he wants to say you know,
U clearly have no clue on democracy in India. You guys are a joke. Look at freedom of the press and religion in India. You are not even close to allowing the practices allowed here, does that make your country a rightwing religious autocracy? Implement the freedoms here , then talk
Press freedom for whom and religious practices 😂😂 bro come on go and see NCBR report on UP. How many cases against SC/ST and Muslims
😂😂
😂😂
So now they are saying that voters have struck a deal an are complicit way to cope.
$45 Trillion was taken from India by Britain over 200 years of rule
bro i have literally seen you spamming this and "british killed indians in famine" on every post on every channel. it's ok, we get it now. just stop maybe, makes us look stupid
Correct. Looters and thieves. And those same Europeans genocided the native Americans and now giving lectures about democracy 😅
what are you going to do about it today? Do you have any skill to enhance or contribute to the Indian economy? or are you just a keyboard typist? It is not my country's duty to do something for me It is my goddamn duty to do something for my country India. Understood past crier son?
So ask modi to go and bring everything. Pls do that. He is akand bhakt 😂😂
@@user-br1xp7mu6i Pajjeet check endian AVG IQ and PISA scores
3:10 - how can they both be true ... majority of states being anti modi government but still modi ensures no freedom of speech! shows the bias in the bloomberg team and Ruchir. India is the largest democracy and election is fair which is why people vote different in the state vs center. Basically, they are voting for stability and consistent policies, pick the candidate that delivers that.
Well why singling BJP or Modi out on censorship when every state govt in India has censored their respective media. In my state Kerala, the communist govt has chased and tried to destroy a web portal called marunadan for the criticism. we can cite many such examples from each and every state. In India, we are not choosing the best, but the least worst. BJP govt is certainly least worst among the options that we have. If I get a slightly better alternative, I would vote for them.
Also, I have seen media like wire, neeslaundry etc unfairly criticising Modi. I have seen some good balanced approach from The Print where they have also criticised govt.
i agree
Also compare that to the US .. they are arresting the principal opposing candidate and launching a case against him every day .. they censor people, shadow ban them on social, support dictatorships .. and then they comment on India .. funny fools
Fake news. yawn
It's true that 1991 economic reforms benefited India but there was a lot of corruption in UPA-2 which derailed the economic progress made earlier. Since 2014 under NDA rule, India has gained momentum in economic development and is on track to become the third-largest economy before 2030.
Whenever it comes to investment in India, democracy and freedom of press is brought in. 😂😂 The west has thus far invested in China and these things were never taken into account and at the same time the west always lectured India for bad economic numbers fully knowing that they weren't investing in India but China. 😂😂 What hippocrats.
Rockefeller international chair huh?
He coverage on Indian elections is a picnic. credibility of his assessment is very low.
And track record of his assessment of India's economy, is also very poor and seems agenda-driven.
Rocckefeller is upset because they no longer can dictate what India should do. I can understand Bloomberg's and Rocckefeller's pain. Nobody talks about how Twitter censored Hunter's tapes before elections in US. It was freedom of speech? So stop telling what democracy is to the world's largest democracy, which also happens to be birth place of democracy.
Ruchir stop selling BS, we can see through your lies
Bikau Baman Ruchir Sharma
Indian will decide what is good for India and not any western media or western white man.
USA and others in the west must learn to keep their noses out of Indian affairs
India is not 2 party democracy of USA
India is not 1 party democracy of china
India is Multi party 5000 political parties democracy.
When USA has 1000 political parties then think about comparing with India
What self censorship? Cite one example! There is not a single policy of Modi that has not been criticized to the high heaven by the media. Not one single policy!
aww how adorable, How much were you paid to spill mistrust ?
Well as an ordinary person I observe that freedom of speech is used often by propagandists and political stooges not by ordinary citizens of a country. So the left liberalism is declining in india but that doesn’t mean that freedom of speech is in danger. People are speaking (true/false/unchecked facts) 24/7 here in india (online/offline). Government too put many persons in jail but they were either suspected communists or jihadists. in some cases political opponents as well but freedom of speech is unharmed.
Don't beleive what Ruchir Sharma says, He is in USA and i know him. He does not know ABCD of India and Indian politics. It just another tactics to show modi or India weak.
And believe whom? Indian journalism is at worst even from index and world should beleive only who appreciates the government? That's not how facts work, sorry.
lol yeah you are some authority whose opinion is the only correct one haha
In fact he knows everything but he is a paid Sepoy of western left ecosystem who want to dominate and control India. But can’t anymore. Due to Modi. 😂
I am from India and I know how bad India is in terms of the press freedom and NORTH Indian states poor condition. Per capita income is the worst. Increasing the billionaire is just what Modi did. Removing the agriculture subsidy🤦
@@dinesh6489 that. Means you did not understand India fully.
People like you only see bad in India.
Just to clarify we Indian hate the Foreign Funded channels and NGO's like 'The Wire', 'The Quint', even 'BBC'.. they have done too much damage already..
We do support anti-Modi but local channels like 'The Print', 'Mojo'.. The days When BBC making healing, NGO's/Survey org pulling leg of govt impacting governance/Decision making are Gone by now .. 🙂🙂😈😈
It’s foreign propaganda. No one will be able to criticise MODI if India is backsliding democracy. Indian govt doesn’t cancels journeys like BIDEN.
one of the most insightful comments I have heard from Ruchir Sharma was "India will disappoint both the optimist and the pessimist."
These so called economic experts have no idea about the ground reality. The net inflation has been marketed as low but the real inflation for working class has been unbearable.
Modi will win, he is the development catalyst for India. Jai Hind Jai Bharat
If the western media is criticizing then Bharat definitely is on the right path, weirdly they can't see indira gandhi who actually imposed emergency and did all sort of unconstitutional things, they are not even trying to hide their bias, anyways they will get their answer on June 4.
Imf again???...as far as i know that was the only time India went to IMF...people just cant run out by saying anything
Indian democracy is robust and good. This speaker is completely wrong. Just because Trump is being prosecuted in election year, would you say US democracy is undermined???
The press freedom index has gone down drastically
Inflation under control is the biggest joke I have heard. Maybe big corporate houses are exempt from inflation but common people have been hit by rising gas and oil prices as well as historic levels of unemployment under Modi govt. This is despite the cheap oil from Russia that Modi was lucky to get thanks to the ongoing Ukraine conflict. If that luck was also not there the oil prices in India would have hit outer space. Also Modi's s charisma is only seen by Hindi heartland population. He is not a big player in the south, the southern state are way more developed than the northern states
West trying very hard to interfere in India internal affairs by same story of rights but in there countries how rights are curtailed for black , Muslims 😢😢😢they never tell😢. Same puppets guests same story telling because otherwise no job😢 and dollar 😢 last decade of western hegemony 🎉🎉..
Crying since last 10 years. Prepare for another 10 years
Is is the same so called in credible economist..Ruchir😂
Sorry Bloomberg, Ruchir Sharma seems to be a fan of the Congress party - Modi has supercharged India's growth with infrastructure investment, encouraging business and manufacturing, reducing government corruption and red tape, and many other such policies. The current government is very progressive in terms of energy policy, industrial policy and financial policy. Persecution of opposition and critics is something that all democracies have always struggled with including the United States, even India had an emergency under Indira Gandhi of the Congress. This piece is so inaccurate its a bit of a joke.
😂😂😂 West... lol... grapes are sour... grow up to the new realities which were always the case before the British and the Mughals
Indian Economy is directly proportional to Indian Democracy. As Indian Democracy grows stronger so does Indian Economy, which in turn strengthens its Democracy. I can understand the Americans confusion here. They are in a habit of looking into a scope the wrong way ...
This guy said China growth data was fake!
Bloomberg can you say something colonial looted by UK in 200 years about 47 trillion dollar, can you provide
India will take action if any media goes against rule of law (Ex. BBC case - Tax code violation)
US media don't jump too much ask your corporate to solve your own democracy issues 1st.when nearly half of the country don't trust their election's resultd and rightly so.
Anglo Saxon Sepoy 😂😂
We don't mind Modi cutting freedom of media from lambasting anything government does and only highlight negative things and ignore positive things. Let modi stifle media as much as required to ahow more positive views than negative
Shoe licking sawarkar 😂😂
CIA assets 😂
I have always reserved bloomberg out of my subscription list. As Steve jobs says Intuirtion is greater than Intelligence. Thats why India never opposed Russia over Western threats and appeasement.
This guy Ruchir Sharma, used to come regularly on NDTV and was a chum of Pronnoy Roy to talk about economy which often did not make any sense. He is the last person who has any credibility. Little wonder, he ended as the Chair of the Foundation which is working hard to derail India's success. Ruchir mind your business and do not interfere in our affairs. You guys should mind the business of your adopted country. We treat such guys as traitors who have no love for Bharat.
We do not need validation from weat about Indian demoracy. You do not teach about human rights who practised colonization.
Ruchir Sharma is a great author of book "Breaking Nations" for international geopolitics. He has immense knowledge and presents the facts greatly wothout any bias. Great of him to highlight the positives about India instead of pandering to the white establishment.
Just astounded by shear ignorance of these people.
Why in a militocacy US😢😢only two parties 😢😢and other party candidate Trump in so many cases so that he can not fight election 😢😢 elected dictatorship in America 😢😢now😢..
There are comments about the consistency between opposition in states and question about media autonomy. First, they are not mutually exclusive. Second, if you ever read about evolution and lead lag effects of inter dependent processes, you’d know. Our forefathers several centuries before, who wrote much literatures and shastras, knew about this, and alas, people of 21st century are blinded to this logic.
Haha no inflation. That is only true by the RBI's official inflation. Household goods items have been rising atleast 10-15% per year. There is no trickling down of this gdp growth to most of the population that is also facing an unemployment crisis.
..wow..please ask the same question on Xi and Putin..
…funny…a reporter from land where people still bows to queens and kings asking a question to someone who is in a two party President rule regime..
freedom of speech?
you can criticize in public, you can form opposition, but certain topics kill your career if you mention them openly.
I think western freedom and india's freedom is about the same :)
These guys are as clueless as ever! Trade off itseems! LOL!
One more Sold out from India
I think real credit about India economic progress from last 30 years could be given to the PV Narasimha rao and Atal Bihari Vajpayee goverment. It was these goverment which lead the india economy in turbulent times. Modi has been given undue credit he just increased the pace for india's economic growth and only has done marketing about it in world.
What a stupid idea, he thinks he is smarter than people of India
SOROS WHY SOROS DON'T SOROS OUT SOROS STAY AWAY MEETING IN LONDON IS DONE SO LOT OF THESE ARE GONNA SPREAD
Blooming false narratives ...eternally....Tagline of Bloomberg😂
Modi will decide what’s right for India, not Indians. 😂
Modi has backing of a billion Indians.
Modi is elected and will be elected again to decide our fate and he does always right things for India. You guys mind your business.
DEAR VIEWER KINDLY VOTE FOR THE BHARTIYA JANTHA PARTY.
I am giving full support to modi, jai sri ram
The thumbnail looks like a typical scammer.
Because anyone who looks indian is a scammer? Haha
According to the World Bank Bharat under Modi has pulled 250 Million people Out of Poverty. Bharat is also the 5th Largest Economy in the World.
Cope
BJP ❤
Western countries are scared of Bharat. We were very rich, both money and knowledge wise. Our own mistakes got us poor, but not for long. Soon Bharat will attain its past glory.
Yes, I agree with you. They are more worried that India has young population committed to excel in every field, whereas most of the western countries plagued with various problems including migration, depletion of population, economic decline, etc. They see Bharat as a promising country which will challenge their domination in the world both economically and militarily. India has been their soft target for long. This are not the same any more. Coming to the freedom, the western countries have adopted various laws which restrict freedom. You cannot make noise which disturb your neighbors, you cannot throw trash on public road, you cannot drive on wrong side etc. Why did they make such laws? Are they not curbing individual freedom? Indians do not say these are bad so every country frame laws that are beneficial to them. Who are these to question our affairs.
I think Ruchir is a smart guy. He doesn't have a bookshelf in the background. His words and arguments are weight enough in themselves. The view behind him indicates he has a broad view.
Propgrada 😂
Fake news
90% of the comment section is filled with Bjp trolls and bots lol.
& you are the only wise person ever born right?
@@dns1423 did i say that?
cope
interesting questions by bloomberg, although i have seen some other columnist raising them before. I agree with ruchir that india goes through cycles in which it swings between authority and democracy. during current phase people seem to have made an unspoken truce with pm modi to ignore the political rights and focus more on economic growth and infrastructure developement which he has proved he can deliver. moreover Prime minister modi hasn't shown any inclination toward suspending india's democracy, through all his action he took intentions were to convince or pursaude people rather dictate them. It also reflects in the amount of effort he takes in election campaineering despite being hugely popular. it is not a trait of an autocrat to say the least. because of this commitment the gavel of who gets to rule india still remains a whim of indian people.
Inflation is under control??? Sir, are you living in the same India as 1.4bn other Indians?
He is quite right as compared to upa era it’s relatively very low. It was around 8% in upa
Yes, we are. Apparently Arun bhai you are not. Perhaps it's recency bias or some deep seated partisanship but inflation for a energy deficient economy is relatively moderate. Just check out UK or Germany if you want to compare
@@vikashgauravvkgits now 4.5 % !
And these guys haven't seen turkey like situation or 70s or 90s like situation that's why they have no idea what's actual crazy inflation feel like 😂
Have you sense about economy. In a developing economy, inflation is quite OK where the wage is rising. Unnecessary people cry about inflation, when you can see people spend as if there is no tomorrow. You go to any place, restaurants, movie theaters, airport, market etc. and you will find people and people everywhere spending. I live in the same India where 1.4 b Indians live.
Non inflationary? Not sure if you are right. Look at the ground reality.
Modi discussing 'eating meat in saawan' but never discuss job situation in the Nation.😂
Yes, Mr Modi will discuss everything that affects Indians. As regards job situation, India has so many jobs available for those who have acquired skills or are willing to work. As far as I can see, there are no jobless people in India. I find it very hard to get people to do certain work. If you need a job tell me what is your skills to do a job. I can certainly recommend where you can get it. Do not parrot the slogans of Congress, i.e. inflation, unemployment etc. India is developing at a fast pace and needs to many employees with right skills. If any one (either you or any of your contact) needs an employment get the right skills instead of wasting time writing in this column.
Propaganda
Compromising democracy for development can be risky. While rapid development may occur in the short term, it can lead to inequality, oppression, and the erosion of civil liberties in the long run.
Obviously you haven't learnt much about 7 decades of the opposition family rule.
Current gut at helm is a favourite for a reason...
It was a congress prime minister in the 1970s who imposed an unconstitutional emergency and locked all the opposition in jails.
The real dictatorship was congress party who ruled with an iron fist for 60 years.
Support to Modi🇮🇳 from Canada🇨🇦
brother how is canada I hope you are doing well, I hear they are very anti hindu
Seeing Modi’s face plastered everywhere throughout the county reminds me of seeing Mao on every wall in China. He will be a leader that is remembered, but not for his humility or compassion.
Then you haven’t been to India. There are politicians from every party who like to canvass themselves. 😅
Comment section is nothing but AKAND BHAKT 😂😂
Bar dancer lover came. Who can’t see development and hates India
andhanamazi 😂😂😂😂😂😂
Yes, we are part of 1 billion Indians who support Mr Modi and all his initiatives. You guys can cry for the massive support base he has created over theyears.
The people of Bharat are with Modi and the BJP based on all of the development works completed in the past 10 years.
Us on democracy 😂😂😂😂
❤❤ if you really want to know the real answer of all of this shit real person who is the reason for which Narendra Modi still in power is Ajit doval the NIA Chief
Modi 2024 🇮🇳🇮🇳🙏🙏🤟
elected autocracy
Are you talking about your monarchy?
I hear voices of some basterd sons pf Jorge sorrows 😮😮😮😮