What's wrong with Indian Rupee? | Geopolitical case study
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- čas přidán 20. 08. 2024
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VIDEO INTRODUCTION:
On 11th of July 2022, the Reserve Bank of India a made very very bold announcement whereby domestic traders could settle their imports and exports with Indian Rupees!! This was a very very big deal because India could trade directly with Russia without depending on the American banks!! So in spite of the rising oil prices, we could buy discounted oil from Russia in Indian Rupees. and as citizens of India, we were delighted to see this because we saw this as a gesture of India bravely standing against the West and a giant leap to take the Indian Ruppe Global!!! But exactly 1 year later, there is something unpleasant that came to our notice!! Turns out this strategy has failed to an extent where Now Indian traders are buying Russian oil not just with dollars and dhiram but even with the Chinese Yuan!! Yes, you heard that right, Indian Oil Corp which is India’s biggest buyer of Russian crude oil, became the first state refiner to pay for some Russian purchases in yuan. and At least two of India’s three private refiners are also paying for Russian imports in yuan.
and as much as it is important to appreciate and celebrate the good moves by India, it is equally important to follow up on them and see if there is a tangible output coming out it!!!
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Sir, Please upload a video on "Sahara India Pariwar" Subrata Roy Scam
Bro make a video on geopolitics in partition of India and Pakistan
@@gokulr2076partition was inevitable, Hindus and Muslims are incompatible. It could have been done in a better way. But "if" has no real meaning in real life. Like due to stupid Gandhi mewati Muslims were not sent to Pakistan unlike rest of Muslims of United Punjab and Hindus/Sikhs from Pakistani side of Punjab to India.
Currency War video??
Sir I have a good idea and I hv many data base how India's climate shifting toward the north East if u can hv a moment to see through
Hi Think School.. kindly do a video on how politics damaged the development nd resources of Andhra Pradesh and it's capital
Please do so I want to hear the story of the different capitals of AP
Amaravati. ?
Incompetent & corrupt leadership together with caste & freebies based politics are the main ingredients for the Andhra Pradesh disastrous kichidi recipe.....😅
Yes, please do a video
Yes please
"Ease of doing business" is absolutely horrible in India ... try getting a GST number ... Govt says it can be done within a day ... reality is it takes more than month of hectic running around lawyers and govt offices to get it done . My relatives, trying to set up a small business, have been through that nightmarish process.
You can apply online by uploading the required documents.
Yes, my friend is experiencing exactly this right now.
who requires a lawyer for a GST registration. may be he is from Bangladesh.. a CA would have done it.
@@rajeevshashidharan2577 You're right. I should have said CA, not lawyer ... but given the role of that person dealing with all that legalese, it's easy to confuse him for a lawyer rather than a CA.
Avoid getting trap in gst
I want to express my gratitude and admiration to you who fearlessly showcased the downside of rupee. It's not easy to tackle such challenging issues, and their courage in doing so deserves appreciation. By raising awareness, they contribute to fostering positive change and understanding. Thank you ❤ for your bold efforts....!
One simple reason, rupee can't buy anything other than in India, and Russia doesn't want to buy thing from India. India also refuse to sell Russia certain things because the fear of US sanctions.
Yuan in the other hand, can be used to buy so many thing around the world and is one of the handful of currencies that can be used to pay international debts, like IMF.
India a superpower wannabe but shiver when Master USA warns India .
IMF doesn't accept Yuan Unless Loans are In Yuan, Get yourself primary education
In short ‘ VISWAGURU ‘ buying Russian arms and ammunition against China using Chinese Yuan…😂😂😂😂😂
India will have many civil wars before that as long as BJP want to clense the land of minorities.
@@ViharS
Why not ? Argentina just use Yuan to pay IMF Debts . Indeed , more n more nations will likely to do the same.
My indian brother started business in saudi pre covid. He imported all the materials from china. Even same products are manufactured in my indian hometown city. But cost is huge difference.. we both visited plant in china later .. we are surprised the way product manufactured compared to india.. 100 unit/1hr in india .. 1200 unit/1hr in china..
which business
Maybe shoe manufacturer
Machinery tools.
@@nasarathkhan5315 There's a thing known as the Chinese Speed.
Scam call center?
Both China and India have the potential to become superpowers. But beating China is a 20 year long process. We must invest heavily on infrastructure and in our people. We must focus on skill building and Indian youths should focus on building a large business rather than running to get a government job.
No dude. India might've the potential. But China already is a superpower.
What potential ?? We may not accept it but china is already superpower !!
Not just infrastructure but education too, the country has a shitty mentality and people need to change their mindset....the rest will follow
Comparing India to China is exactly the same as comparing Pakistan to India. MAKES NO SENSE!
China is in a whole different planet than India. India needs to stop obsessing over China and needs to get rid of jealousy of Chinese progress. It would do great justice to India if it learned something from China. China calls the 100 years when its population was drugged with opium by European colonizers as "century of humiliation" and wants to put that behind. Whereas India still considers speaking English, acting like Europeans, bowing down to the western masters, a great achievement. If not from China, hey India and Indians, learn something from Africans and how they are standing up to their colonizers today.
India's national interests means it is playing both sides. Sooner or later one or the other side or both sides will hit back hard at India.
What are those sides 🤔
India can not be taking advantage of both the US and Russia. India has to be firm, either support Russia old friend or choose cunning America leaders, making use of India to destroy China and Russia.
India has an in-borne double face, a forked tongue and a change coat....sometimes it can be very hard to choose which face, tongue or coat to use!
Please study history before talking such arbitrary nonsense
@@tbraghavendranWest and Gobal South
India will find it difficult to compete with China in industrial production, because China has a vast and reliable supply chain. If you are into tech manufacturing in China, the place to set up shop will be in Shenzhen, because just in a single mall, you will find every components required to be sourced to assemble your design. Like wise from heavy industry to light industry and machine work is all available with in quick reach to the inventor. India should concentrate in uplifting its people to middle class, to create a market for her local production, this will be almost 1 billion market. Once that reaches saturation, the world will be open for Indian competition. With a very prosperous India.
India should do more than just provide “buying customer base” to international companies
@@sahil47 --- India should do a lot of things but the problem is "they never get done!"
Im from the US and this was a really good video. Im interested in the geopolitics of the world and this was an interesting analysis of the currency issue. Non biased and facts driven, very cool.
Are you planning to come here 🤔
You proved that you're not biased.
How did he prove? did you see his coverage on Hindenburg report
@@sarankumar7236facts don’t care for your feelings
@@BharatChandran what facts? In other words whose facts?
@@sarankumar7236is the Hindenburg report true.
Even this organisation is funded by George Soros himslef
this channel is already biased. does government bashing.
When I went to Indian banks in India to deposit 10 rs coins, they simply denied saying that they have no space to store. That's how these banks works wonders.
A stable and progressive government is the utmost necessity for India, besides developing manufacturing sector and investing more and more in infrastructure
If you can highlight Indian judiciary inefficiency in handling injustice for business is also a factor regarding ease of business
SO TRU, So thru
One of the major exports of India is IT/BPO Services and Russia doesn't import that. India has to increase exportable goods lot lot more.
For product based companies u need talent. Br due to less salary our talent leaves country. With good r&s also it's possible. Bt govn invests only 0.7% of GDP in r&d😂😂. Also no need to forget there is no min wage in our constitution. So even india will become 5 trollion economy still our selfish buisnessmen will give 10-15 k salary.
@@Dattebayo3089 Businessmen should have more profits and salaries should be low to employ more people. I say we should reduce corporate taxes and increase taxes on common people.
Russia also isnt that big an economy so there's not much to export to whereas it has a ton of natural resources so there's lots to import from
@@Dattebayo3089 Salaries are set by free market, Indian salaries cannot match US for many many decades. Nothing wrong with that
@@ahhhhhhhhhhhhhhhhhh123 Russian GDP is 10x India's. Are you saying India can't even export textiles?
Many CZcams channels, including ThinkSchool, have been exaggerating the India growth story and the strength of the rupee, presenting a different reality. Instead of fixating on a fairytale future, it's essential to concentrate on educating the audience about the current situation to stay grounded in reality.
@ankitsinggal214, you are one of the few who has good observation skills and remain realistic. 👍👍
Majority just consumed western propaganda and trash talks from many Indian CZcamsrs that India is a superpower and has equal economic prosperity to China and US. They never do any homework to check the GDP and per Capital income. Sad. 😢 Even Bangladash has higher per Capital income than India.
India has a lot of work to do and a lot of hard difficult choices to make that will cause more political and economic pains b4 it gets better. When they started by using anti-China rhetorics, demonized Chinese system of govt, blocking foreign investment including China, imposed Indian regulatory compliance to ensure only Indian economic benefits at the expense of foreign investments, then India had created its own economic barrier. The political and economic policies are not conducive. 😂😂
Right, they are just obsessed with views even foreign CZcams channels
They spread propaganda of a certain party and propagates positive news instead of real news
Yeah whenever he’s mentioning India idk why is he showing the pm? I believe that flag represents us all better
correct this brokerage needs to stopped.
The funny thing about us Indians is that we call ourselves great and Vishwaguru but no outsider calls us that. Our culture is full of praises of ourselves. I wonder what made us like this. No other Culture I have met sings their own praises.
You still don't understand how great is our culture and tradition.
@@tbraghavendranall other cultures and people think same like u
@@tbraghavendran what is so great about your culture and tradition. Every country has their own. Big deal
Haha😂
@@tpb1006 it is good to feel proud of our own heritage and culture. Race and gender(mostly) are something we cannot change. So, we have to be the best that we can be, in the conditions that we are in.
I found out that, this is the only Indian Chanel which is unbiased, rational and speaks facts not fake narratives.
Does it speaks the truth about the fact that India contributes a lot to the atrocities russia commits daily in Ukraine?
@@cybermindable He doesn't tell about Europe sending billions of Euros every month to Russia for Oil and Gas. Or UK and US supplying weapons to Saudi against Yemen. Or France supplying military technology to China. Or US, UK and Germany supporting Pakistan in a war against India it started. Or the fact that India doesn't go and tell the middle eastern countries to stop funding Pakistan. China doesn't go to USA to tell it to stop supplying weapons to India because it is a bilateral mattter. Or France and USA Toppling Gaddafi, when he tried to trade oil in a local unified currency. And Shell destroying protestors in Nigeria. France suppressing revolutions in Sahel. etc, etc, etc, etc.
@@cybermindable West is doing the same with India too by supplying aid and monetary support to Pakistan which commits terror activities and atrocities against India. Does the West is not hypocrite?
@@cybermindable russia didn't start attrocities today or 2022. It was way back before that.
And the west was happily buying russian commodities during that phase be it georgian invasion or bombings in syria.
ANd the scale of trade was manifolds as compared to what we have now with india.
P.s: I'm rooting for Ukraine, but this is hard reality of world. Lets say Hypothetically if places of west/ India were interchanged, west would have continued trade and defended it on business logic.
@@Aman-uu7vi I see your point, but I also think that atrocities went probably 100x from before 2022, and the west finally sanctioned russia pretty reasonably. It just looks wild these days to have business with russian evil.
India should stop swindling foreign companies and also changing rules willy nilly. Indians call those fines, tax investigations etc but they are just daylight robbery. Only banana republics treat foreign investors like this, regardless of any reason. Very short sighted ' strategy' that is doing enirmous harm to India's reputation in the investment world.
I love your videos. I learn so much. You make complicated topics simple to understand.
TL;DR Lesson: Having an economy just on domestic consumption and services will not be enough; you need to boost manufacturing and exports to make your currency worth having (so that other countries can buy stuff from you). In my opinion, rupee depreciation shouldn't be bad for exports (we shouldn't attach some national pride to the rupee and turn away from controlled depreciation).
lower rupee doesn't mean export will go up, because alot of the raw material for manufacturing, are imported. people look at China as an exporter, but it import totally dwarf most nations too. the real reason why India cannot export is because it business are not competitive, this is a very complex problem, because alot of business are small family business that cannot grow in scale, like a family of farmer or craftmen. alot of indian policies are design to protect these traditional businesses. the result is Indian business scale very slowly since there is no incentative to consolidate. just look at the car models that are produce in India, they are decade behind the latest design, why? is it because Indian are stupid? no, it because of the way the system is structure to protect businesses that it is a liability to develop state of the art product. and of course Russia isn't going to buy those old cars, no matter how cheap Rupee becomes. that's the problem.
and Modi government is not unaware of this reality. they been trying to institute reform since India failure to join RCEP. but the people who's job are threaten will protest so the government can't really push hard without creating the same kind of chaos China experience in the 1980s. China is where it is today because they bite the bullet and pain of reform in the 80s, alot of chinese lost their job then. but for a democracy, if a government tries to force reform that will cost people their livelihood, it will be in trouble. so reform is slow in India not because the government don't understand, but because the people don't want change to their lives. to resettle in a new job, or rebuild your business is difficult, it just not easy and it will be painful.
В Индии есть столько товаров... которые так хотелось бы купить в России, но конечно с Китаем трудно соперничать. Надо думать над логистикой и конкурентными преимуществами
The advantage of china and the disadvantage of india is connectivity
Russia doesn't need to go electric yet , they could have bought gas cars from India which are at par with Lada , Volkswagen ,same can be done in other sectors but logistics & sanctions deter this.
Curry from india . Not sure if Russian loves to eat curry
@@charliecheng3340 so they love noodles cooked in gutter oil from China?
@@basshunterdota625 they process the oil not for cooking .
Key problems in India:
1. India loves to impose penalties and fines on foreign investments.
2. The looming threat of corporate takeovers
3. work attitudes of Indians are a big problem.
4. Supply chain not existing
5. Infrastructure needed for efficient deliveries of goods not existing
6. Lack in skilled labor
Ease of doing business? India wants to become the next manufacturing hub? Much work needs to be done.
None of the above are being addressed because Modi's ambition of becoming a military power out weighs all these problems.
Modi is a FOOL. India has become a vassal state of America. What future dilemma has Modi brought upon India, time will tell.
INDIA SUPERPOWER UNDER GREAT MODI HAVE INFLUENCE THE WORLD
Great video with explanation to the point sir.
Focus should be on manufacturing of Green Energy sources like Green Hydrogen, Solar PV Modules, Battery Energy Storage Systems and Wind Equipment like blades etc.
And the good aspect is that we are focusing on that one
Iam sending you constant messages in insta sorry for troubling you by doing so.
With each and every videos you and your team make me more confident. If I would have been a Principal of a school, I would definitely ask my teachers to play these videos during their classes
Very informative and factual video. We need to increase exports to many of the countries to make the trade in rupee option more viable.
😂so now we realised that whatever technics we have it will only work when that country is economically rich .
In short we need more exports..
@@tryit2136 yes to do that we should first develope our country the first thing we should do is investing huge amount of money into education and healthcare infrastructure of government schools&colleges and govt hospitals
And second thing is setting up industrial corridors to give tax benifits
And third setting up huge transportation network of high speed rail lines to connect industrial corridors
@@tai1997, 😂😂😂😂👍👍
Then they can try to make them into pariah to win. 🤫😂😂😂
9:33 India refused to join the BRI, so now there is no rail link between India and Russia.
Mind-blowing analysis... Kudos to the team 🎉
Always saw that coming, the policies were almost implemented considering the best case scenario only
Russians did offer a list of items from India to purchase as their imports but India took a back step because of sanctions... Whether they've completely refused to export or held for time being not known... Either way it's a setback... But once this Brics currency comes this won't be an issue I feel
That won't happen any time soon. Both SCO and BRICS are heavily divided. We are also moving closer and closer to the West by the day thanks to China. As of right now and near future, it is far more beneficial for us if USD continues being the world's currency. Maybe it would be more useful in future when China's growth slows down significantly as their population ages and ours would be mostly in the working age but right now, we'd be digging our own graves if we go ahead with it.
But India decided to support usa dollars instead of brics currency??so India has drop from brics ? No more brics anymore???
@@awjames1121 even peoples republic of China seems to be having a dilemma on whether to continue with Yuan / Renminbi or whether to go for launch of BRICS / SCO currency
@@somerandomguy9125you are missing the point. without BRICS curreny, India end up using RMB to pay China, that's the reality. going closer to the West will not change that, it will make it worst. at least with BRICS, you will be using a currency that is 40% influence by China, not 100% influence by China as with the RMB. those are really the only 3 choices India has: USD, RMB, or BRICS. with India force to attempt restriction dictated by US if it use USD, and I don't need to explain why India wouldn't want to use RMB, so BRICS is the best choice. if the west cares about India, India would be invited into G7. Indian need to wake up, the west will never treat India has one of them because Indian interest such as in Iran, Middleeast and Asia are more inline with BRICS than G7. for India to join G7 would require India to abandon it independent policies on Iran and Russia. can it? so think slowly...
@@sreenathgopinathan5415 people are confusing the India that BRICS currency will be like Euro, it will not. it a payment currency, not a domstic currency. all BRICS countries will continue to use their domestic currencies, but they will set a peg with the BRICS currency and put their currency into BRICS bank in exchange for BRICS money which they will use to pay other countries. and those countries will also put their money in the BRICS banks to trade. so the BRICS bank will have currency of all countries and it will cash them out in the other currency to make payment. the point of the system is to get rid of using USD to exchange. it does not replace national currency of any country.
the problem right now is if you trade directly which each other currency, you need a balance of trade or one side will have more currency then they need and so has no reason to accept more of that currency. like the example of Russia having too much Rupee and so refuse to accept any more Rupee. if you have a BRICS currency. Russia will be holding BRICS currency instead and so India can continue to buy using Rupee by selling Rupee to BRICS bank for BRICS note that Russia will accept. so BRICS bank will end up like a "reserve bank" that hold everyone's currency. that's the point.
India wants to block BRICS expansion and common currency, yet has these issues stated above domestically. Building a new global financial infrastructure is within India’s interests, yet their distaste for China and their arrogance is blinding them from participating in their own development
If our currency becomes stable then UAE option is pretty good one
1) first trade deficit is not that bigger
2) UAE doesn't need money in short term
3) UAE can easily invest in infra as compared to russia
Scale and subsidy are the backbone of Chinese manufacturing..we have to tackle both
Hi Think School A Few Days Ago A UNDP Report Claimed That In Last 15 Years 411.5 Million People Have Came Out Of Multidimensional Poverty Also Niti Ayog Report Claimed That In Last 6 Years At Least 135 Million People Have Came Out Of Multidimensional Poverty
CAN YOU PLEASE MAKE A DETAILED ANALYSIS OF BOTH REPORT
ALSO IT WILL BE HELPFULL FOR US IF YOU MAKE A DETAILED VIDEO ON WHAT IS POVERTY,TYPES OF POVERTY ETC
This is an international phenomenon, not something exclusive to india. Infact some undeveloped countries did better than india in this metric even though they are still undeveloped. UNDP reports how they are calculated & what are their metrics is a laughable method of measuring social welfare in thpimes when:- 1) Oil production and distribution is at an all time high 2) Food production is in surplus over the globe 3) Basic economic indicators like production of oil, steel, refinery, steel, cement, natural gas, electricity etc. are in surplus and available at very cheap rates for trade. So many factors which don't clearly indicate the ground realities. Don't just read the reports, read their methodologies for arriving at such ridiculous conclusion. An average baniya in india is suffering financial difficulties in indiaeven though he has food, electricity, healthcare.
@@appleeater8839even if it is an international phenomenon, it doesn't mean that no effort was put. People like you who don't have real world experience think that things happen automatically without putting effort like magic. Besides, it is easy to manage a small underdeveloped country than a country like India.
@@alankritkhare5715 What efforts were made, list plz. Everything i see was inevitable economic transformation. Easy to manage small nation? I am talking about entire continents here. Poverty is in decline everywhere. Even landlocked and economically inert afghan talibans are having better lives today than say 25yrs ago. Give links about your ground reality reports plz.
This presenter is really impressive.
you are not just making videos, you are shaping the narrative of our country in a good way. Jai HInd!
Bro upload a world geopolitics video always because it is interesting to hear your story telling
BRICS currency would have been better than individual currency.
I think at the end of the day, it all boils down to, making one's own house stronger
Bro our ministers and policy makers are highely qualified.... So we should support their decision...
Brics currency would have China shares at majority percentage which will lead to bleed India rupees so until rupees strengthen more and match other countries of brics it's a bad idea
Naaah dude brics currency would be like transferring one hegemonic to another which one is not even transparent..
Let's not forget china will have the way more leverage than any..
Hahaha why would china agree on bric currency when it doesn't bring anything for china and when yuan is already giving them so much
InNDIA IS SO ENVY OF CHINA PROGRESS.....India is too jealous of China, but India can never be compared with China! BRICS is the chance for former colonial countries to unite and lead the world in economic growth and peace. India shouldn't miss this chance. Very disappointed that India still wants to linger around the colonial masters.
🎯 Key Takeaways for quick navigation:
00:02 🛢️ India buying Russian oil with Chinese Yuan; Yuan emerging as alternative to USD.
00:47 🇮🇳 RBI allowed Indian traders to settle imports/exports in Indian Rupees, bypassing USD dependency.
01:29 💱 Indian traders buying Russian oil with Chinese Yuan, not just dollars or Dirham.
05:02 💰 Lack of international use of Indian Rupees leads to trade deficit, Yuan gaining ground.
11:25 🏭 India needs competitive manufacturing, FDI, and improved ease of doing business for economic growth.
Made with HARPA AI
I believe best would be setup initial vostro accounts with countries where indian exports are higher than imports, your thoughts?
Bangladesh and Srilanka... Already done
Great video as always. But just a question. You've asked the question " is the rupee power ending?". I just want to know when did it begin in the first place.
Ya
He just made it up. In simple English, he lied to make his video views increase. Check the IMF stats to determine the World Currency Trade.😂😂 Indian rupee is at the bottom of nowhere.
Have you watched the video fully it started when our companies started buying oil with yuan instead of rupee and its just a question he asked that's it
don't over think abt it
😂😂😂
That is why Made in India should be given more preference and Indians should focus more on having own Industries that we can export also .
Not easy as it sounds but many have done it so many can do it .
Loved this episode!!! Thank you so much to share such a brief on Indian Rupee value in contemporary and to overcome for future!!💯💯❤❤
One of the biggest contributions we can do as a consumer is buy made in India products. That reduces the trade deficit with China primarily while also increasing our gdp, employment, tax etc etc. Initially it will be more expensive because we need to establish economies of scale to compete. For that, demand for domestic products has to go up. Unfortunately, Even the smallest things like a 10inr lighter are made in china and you can't find an Indian made substitute even if you tried. Buy Indian for a better India tomorrow.
Talk is cheap. Once a Indian consumer had to pay more for made in India, we know what is the outcome.
It is the same in the US and EU
Can India products last?
@@choonhockong8215 yes, it lasts at least 5 years
It is easier said than done. Indian products are not affordable for many. Every Indian wants to save their hard earned money to the maximum extent possible. Indian government should either regulate the price of the commodities or should either give subsidy if the government really wanted to promote Indian products and for their growth. The Indian government should also invest and spend if they really want to promote Indian brand
More than worrying about whether Indian products would last, our worry is that we do not have Indian made goods. Even in phones we have limited options. We need more companies. In automobiles too it’s the same. We have Tata and Mahindra. We need more companies to provide options to Indian population
With almost 20/30 kinds of registrations and their formalities we are far from becoming a manufacturing hub . Too many laws with too little support will not allow this to change . Big few companies may be managing but rest are struggling .
Red Tapism in short
only need two documents to start manufacturing, and the second one is optional so just dont babble around
@@rushikeshwagh9077 - was talking about running and operations of factory where licences like factory licence / Fire Noc / PCB noc / Forest noc / pan / gst / labour Reg is all needed to be legally intact .
I can understand that you may be referring to sone other sort of Buisness .
Regarding blabbering , I am free to write anything in respectful manner on my timeline . If you don’t like it then Please move on to next comment.
Rare occasion when sensible information is shared over such medium. Thanks a lot and best wishes for doing more.
Please do the video on Andhra Pradesh debts and ease of doing business ranking and gsdp scam please entire nation wants to know
Huge country is going to be under blame because of Andhra Pradesh fake policies and propagandas
AP must be united with Telangana.
Whole sharktank india happened there was nobody from electronics manufacturing.🤝👍🙏
amazing analysis..such a complex issue explained in such an easy to understand to any one....thanks..
Only plausible solution here is to set up rapid manufacturing in goods required by Russia and ramp up industry in general so that long term outlook for investment in India becomes favorable.
Last option is to make good relation with China by disputes all the border conflicts. Built direct road railways like Russia. It's the right time to move, otherwise there is no better option.
But the question is will China want to make good relationship India? And at what cost handover Arunachal Pradesh and entire ladhak , is this a better option?
As Indians we should support our country by buying Indigenous products.
Like wearing leaves to cover the genitals instead of wearing Jockey 😅
@@h_himmler Jockey is made in india.
@@h_himmler Indian underwear brands are available,even jockey is made in India. There are brands like otto which is very comfortable 😌
Very well explained that even a small child can also understand ❤
No matter how much discounted oil was bought ... we citizens didn't get any benefit from it.
beating china at manufacturing is the same as china trying to beat our english speaking call center services..
There is vacuum for imort market in Russia. Why India is not taking benifits of this.
Very interesting Geopolitics case study. Appreciate your effort.
India opted out of BRICS currency and blocked other brics cooperation , is it good for india ????
In your earlier case study you said this Rupee trade settlement is game changer 😂
🇮🇳 INDIA PEOPLE GOOD AT BRAGGING, BOASTING AND TALKING BIG ONLY!
Really looking forward to Case Study for EASE OF DOING BUSINESS kindly include real feedback of Beneficiaries authority n more from Ground Reality
Your work is commendable
Regards
🙏🕉🌻
To really progress, any country needs a culture of meritocracy, tolerance, law & order, & ease of doing business, which India never had & probably never will. People are too involved in deep rooted discrimination based on caste, religion, regionalism etc. The current politics of division will lead to civil unrest in the near future. Forget about progress. The fake GDP & growth rate nulmers will soon be exposed for all to see. One needs to get one's own home in order before any real progress can be made.
Reason is simple, Indian giants like Reliance focuses on market like FMCG, fashion industry etc, rather than investing something like electronics goods production or something more futuristic. At least Tata invested heavily on electric vehicle
As Ratan Tata once had said Ambani's are businessman and we are industrialist . Reliance should move to other sectors now . Instead of doing that and competing with International giants , Reliance is killing local small business . Reliance is focused on profits not innovation 🙄
We could have a currency swap agreement for dirhams with UAE and that money will come to us as remittances anyway. And meanwhile, we will keep working on increasing the acceptability of the Indian Rupee internationally.
Great Idea!
Why to look at the remittances from UAE which is a Muslim country?
Rupee is a toilet paper
@@trulyhumane1591 Are you truely humane?
@@trulyhumane1591harsh truth but listen this so called Muslim countries contribute huge to india and world economy.
Qatar UAE suadi Kuwait etc invest huge chunk of money not only in India but also in world.
Like ronaldo messi now😊 mbappe
Simple hai na...Until and unles we PRODUCE THINGS THAT OTHERS want, its wuld be very difficult for rupee to become reserve currency....Yuan can actually become reserve currency...Hate to say it but thats the truth....We need huge production like China before anything !!! We need proper things to sell to foreign markets
Don’t need to hate, am a Singaporean Chinese here. India has so many talents that’s holding the post of CEO/COO/CFO all over the world, it doesn’t lack in talent, india has smart and wise people. The 2 main problems I see that are holding india back enormously are it’s pride and bureaucracy.
Pride makes one irrational when making decision, this is where the Chinese side scores better, they are doers of things, not just bragging day in and out. How does this affects Indian society you might ask? Well, the very simple fact that when one boasted that they are so good but in reality they aren’t. Then the public will be mislead into thinking they have reached the endpoint and falsely believe that no further works need to be done. This is exactly what is happening for the past many decades since india independence and up till present.
The second is crazy amount of bureaucracy. India has adopted democracy and all of its ills along with it. Do y’all really think democracy is all good without flaws? Just have a look at the western parliament if that will give you a good glimpse how unproductive it gets the society into. Instead executing good public policies for the collective good for the society and people, each opposing party in parliament are just fighting with one another even if it’s not at the benefit of its people, these are the ills of being a so called “democracy” and of cuz I’m not saying autocratic is good too, both have their pros and cons, yall just need to find a system that fits your country and society, and keep trying, make changes if the situation calls for it.
Last but not least is the caste system, I think I don’t have to elaborate on what societal ills this brings to India’s society as a whole.
I’m sincerely hoping that the younger generation of Indians will see the real truth, and not be blinded by pride and emotions and make rational and good decisions for india for the future to come. Jai hind 😊
@@jasonke5061 China has pride too, but it's not going downhill. I think bureaucracy is holding Canada back.
We need big manufacturing hubs in India. Agreed.
Yes, but who is going to invest ?
@@tbraghavendran If you build, they will come. The problem with India is that the political classes particularly those at state level are clueless on economics in India. They don't understand big concepts and they don't have any vision. So you have a business class that is up against all these odds. What India needs right now is for the Central and State governments to closely coordinate the process of attracting FDI in electronics. The center needs to identify a region and work with the state government of that region.
Hi @ThinkSchool, i think u forgot to mention one very key point. The indian rupees is not a fully convertable currency. Else russia would have just converted these money they have accumulated in india to their desired currency.
Which means more ruppee in the market hence depreciation of ruppee..
And the Rupee will never be fully convertable because its the only thing that the Indian government has in controlling its own states.
India China भाई भाई is an old slogan.
Which reduces military conflicts and increase peaceful developments.
Chinese military technology is also advanced than Indian.
This problem can be countered by Fully convertible of currency
But after that many problems occur
It very bold and admirable of you to bring out the current downsides of indian rupee and how the lack of exports is worsening the usage of rupee. But it would have been much better if you could elaborate on how such a situation could be tackled and tentative time frame it would take for such changes to take place on a global scale. Providing effective measures to handle such situations and the time frames for improvement of the situation would help us better understand whether indian rupee trading would improve the economic situation in long run. Also, elaborating on what caused the exports to decline would also be quite useful. Thank you for your efforts. Hoping to see more of your analysis.
As Ray Dalio said earlier Yuan could beat US Dollars in the coming years!
Yuan is not trusted, remember Ray Dalio is a pro communist party of China, he has invested heavily in China, most of these billionaires who speaks good about China their investments are I n China
On this he might be wrong. What about transperancy ? And for yuan to replace USD the world will face another world war .. Coz USA will not simply let China take over its global fiat currency.
Currency Swap agreement is basically " legal hawala" 😂
😂😂😂
I think Bitcoin was restricted originally because it was "unregulated exchange of value", too bad the RBI noticed that there's an open ledger thereby they don't have anyone to sue.
Then, is hawala actually illegal swap🤔
@@tbraghavendran I have no idea what the laws in India regarding hawala are. I'm only familiar with the crypto sector because that's what I have followed.
Can you do a case study on the increasing imports in India (after COVID especially)?
India's economic growth figures are just numbers.
We actually losing our wealths.
Before 30 years every Indian families have savings.
Now 90 % families have loans which taken for unnecessary luxury items.
India degraded from savings economy into consumer economy.
You keep doing such wonderful videos on economy of India and Indian voters bring govts into power for free rice and electricity 😂
So in the National interest we are now using Chinese Yuan 😂.
Excellent video bro.. your language and presentation is to the point. Very easy to follow and understand it clearly
You guys are doing a phenomenal job.... kudos to your efforts...❤
I think its mainly because we don't export items that Russia might need in large quantities. Also, investment of Indian companies in Russia is minimal which leads to accumulation of RS in Russian banks. Unless India starts exporting valuable items (raw or finished) its hard to convince other countries to trade in INR.
To add any Indian company is less likely to trade (large volumes) or make new investments in Russia because they can be sanctioned. Problem with Asian and African countries as I see is that we don't have singular common goal/identity/ideology, which makes it easier for European/American anglo-saxon countries to manipulate (Plus they do have upper hand in technology)
Can't we convince countries like Bangladesh, srilanka, Iran to trade in rupee? We mostly have trade surplus with those countries.
Russia lose a lot because it has a trade surplus with india
Similarly india will lose because it has trade surplus with those countries
Except Iran all except rupees
@@mortisdeus i don't understand you can you elaborate
@@boobeshkumar406 Sri Lanka accepts inr & 2-3 banks from Bengaladesh have decided to use inr.
@mortisdues exactly. We can do same with African countries as well.
So enlightening... Great explanation
Your every analysis are valuable and knowledgeable. You are very intelligent bro, thank you bro for unbiased analysis
Rupee is a very weak currency it have lost 20x since used and already 47% this last decade
Can you please do a session on difference between proprietorship, private limited, limited and LLP etc types of companies. Kindly cover disadvantages and advantages of each type of company...
Good sensible data and information.....Do not believe on sensational headlines but alos understand the underlines !!
India is saving its environment..no more natural calamities..
India is a major importer but not exporter that's why we are failed simple answer
Start buying indian made products and stop china companies products
India should agree on BRICS commodities pegged currency for the interim. It won't harm India, rather it will prevent the meteoric rise of China economic might and also help fend India any possible sanctions in the future ( it is not 100% certain India can remain in USA's good book for ever).
The thing is even if we aren't agreeing on BRICS currency USA will never let us to grow . Since we have democracy and they have money they will always create chaos in our country .
@@Mira-pm3niits obvious adversaries can start a new chaos or gaslight the ongoing chaos among various ethic groups or religion or regions with in the country's boundaries whether you have democracy or plutocracy or autocracy or dictatorship, rather than nature of government or political systems chaos just require internal division or differences among common man or ambitions/ego/arrogance among powerful man which can be exploited to disstabilize a nation.
If there is internal division within the country, adversaries don't even have to try that hard, they can exploit the differences easily supporting the opposing views or sentiments. What I see from outside is, India is far more divided internally whether it be in religion(hindu/muslim/Christian) or in economic capabilities (poor/rich) or in ethnicity(higher/lower cast) or be in Language(hindi/native) or region(north/south/north east). And the gap in differences has been increasing since BJP formed its government in 2013. What BJP have been doing is seriously hampering India social, political and economic strata, the effects will be more pronounced in the future. (I neither support nor oppose BJP)
If India is aiming to be Biswaguru in Economy, Innovative Technology and Military sphere, it needs people with strong willpower to push their country forward, motivated to work together and hard resolving all difference and as a coherent country. What BJP is doing is exactly opposite of that. If this will continue forget beating China, you can't even compete with Vietnam and Brasil (Right now in economic aspects India is in drect competition with Vietnam and Brasil rather than China).
Everybody loves their country and their sovereignty. Many country around the world have border issue and still are living peacefully with their neighbour. The border issue between china and india is not unsolvable, but you should have right mindset to identify what is better for country's development. A country cannot develop freely if there is fear of military clashes with their neighbors. And India is constantly living in that situationsince its inception whether it be Pakistan or China.
India is in desperate need of technology transfer which the Global North will never share its secrets because it they do so they believe it will undermine their influence and power around the world. And observing all the ups and downs in the geopolitical and geoeconomic scenarios they are 100% not willing to share their abilities with other, rather they want to milk their abilities via neocolonism throughout the world. Russia and China can help India in technological transfer what india needs.
If India and China resolves their differences it will help both the country. How much agony you guys are with each other, you still need one another for the betterment of each other. So help each other.
This is true reporting.....Not Indian propaganda that will not help India.
Ease of doing business? Our politicians barring a few are the most corrupt. Our businessmen barring a few are corrupt and they do not think in terms of the country. Our tax rates are high. So one problem leads to another. Unless the country itself thinks the same way, its difficult to achieve this.
In India we have huge service sector, we could have pitched our IT & consultancy services to Rusia and other countries. In Russia it could have been great opportunity because western companies like accenture partially moved out of Russia due to war.
Want to know others opinions on this
No indian company wants to do business in russia as they fear US sanctions. Russia in an inferior market compared to usa
Then IT companies will face US sanction
Fear of sanctions is the problem
What about take some of our population🤔 We are the most populated country in the world and Russia is seriously underpopulated.
@@tbraghavendran They should take in all 200 million muslis
Hi Think School, Please do a video on Why is the Double Engine Government failing in Manipur. We understand you attended the summit with Union Minister Piyush Goyal. But bringing the facts out is what Think School Known For As Citizen Of India
I don't think he has what it takes to take on them. Truth always comes out little school boy
It’s all started after Judgment of High court I don’t think they are calculated it’s extend
It’s high court who should be held accountable that how can they pass a judgment regarding status of reservation
Reservation can burn any state if handled without everyone consent
Tribal conflicts and reservation, that's it. It's not a religious conflict Hindu vs Christian, most northeast tribes were always in conflict with each other for a millennium. Now during independence of India kuki tribes were granted ST Status while their rival meiti tribes who converted to Hinduism just a few centuries back were not granted such status, now HC passed some new judgement for ST Status and this ignited the conflict again.
Well situation can be easily solved by heavy hand means
1) Giving it to Army and allow 👀 and shoot 🔫
2) Destroying the Drug synticate of Kuki and Naga tribe in Hills
3) Giving ST status to maeiti tribe.
Abhijit Chavda's manipur video
just amzing case study i watch one video every day
Very good illustration and explanation. Love it
I don't think there is any problem if we pay in yaun because buying of russian oil is very important for india right now not just because of so called Discount ( Even there are some reports that the discount on russian oil has narrowed to 4$ ) but for the foreign relation and security. India at any cost would not want Russia to be that weak that it slips to the Chinese orbit. This is one of the reason of buying of russian oil from india at thia huge amount dispite negligible discount.
World is moving out of this liquid. Do you want to still stick with it 🤔
Indian citizens didn't get penny worth of benefits from russian oil shipped to europe but some naysayers may say prices didn't increase but now we r feeling that as well
You have to always analyze on a relative basis. When UPA asked about price rise they said world wide prices are rising. NDA also saying the same. But basic difference is. When inflation in the West used to be 2 to 3% the inflation rate in India used to be 8 to 10%. But now our inflation rate is lower than the inflation rate in the West. That speaks a lot about how well Indian economy is being managed
Both the video and the comments UNBIASED. Love it
Face the reality and work on it ✊
To make any countries currency internationally accepted, we should have major share of international trade in the form of EXPORTS. This can be done either by exporting natural resources, manufacturing goods and services. In todays's condition, due to competition, all these needs to be done at dirt cheap cost or have monopoly in products. These are the facts, which are affecting our currency in international trade.
Which means we can't move new trade policy without China.👊
But the union Govt. Still argue they are doing the very best😊
The fact is, the Indian rupee is synonymous with cheapness