What Must India Do To Prevent An Economic Catastrophe? Raghuram Rajan Provides Some Solutions
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- čas přidán 13. 09. 2024
- “I’m very worried about the extent of the catastrophe we’re facing … the government must consult opposition talent … it can’t all be done by PMO … we must pull out all stops … if more is not done, the economy will be a shadow of it’s former self”, said former Reserve Bank of India governor Raghuram Rajan in an interview to The Wire.
In candid and outspoken remarks, Rajan, who is also a former chief economic advisor to the government of India and former chief economist of the IMF, said the threat to India's economic prospects was such that the government must consult the best talent in the country and not worry about who is across the political aisle. He said the situation could get very ugly and it cannot all be handled by the PMO.
Rajan told The Wire the challenge was not just to repair the damage done by the coronavirus and the lockdown but the preceding 3-4 years of economic drift. Asked if a government that was responsible for the drift and doesn’t even accept the economy had been drifting could be the one to battle it, the former RBI governor said there was a lot of capable talent in the country and the government should call on it. Dr. Rajan said this included former BJP finance ministers, although he did not take Yashwant Sinha’s name. Asked if he was referring to both Sinha and P. Chidambaram Dr. Rajan did not demur but said the government should not worry about political differences at a time like this.
Rajan said the task of recovery involved reviving the construction sector and pushing forcefully ahead with infrastructure development. He said the challenge of recovery was as important as the fight against the virus and the strategy to emerge out of the lockdown.
In a 45 minute interview to The Wire - the first he has given since details of the government’s Rs 20.9 lakh crore survival package were made public by the finance minister - Rajan was asked if the government’s package was an impressive or inadequate response to the economic challenge facing the country. He said almost any response is inadequate, particularly so in India’s case. He added the government must pull out all the stops.
Asked what would be the state of the economy a year from now if the government did not announce further measures, Rajan said it would be heavily constrained. He pointedly added it would be a shadow of its former self.
Most awaited personality on WIRE, you finally did it 💯💯.
I guess he already appeared in an interview where he was asked if country needs him, will he provide his assistance ?
@@trouvailletrolls3885 czcams.com/video/IQ6UWs0lod0/video.html here, YES he is always there for India, but one must respect his knowledge, and keep politics aside, because then only he can work freely and efficiently. 🍺🍻✌🏻
@@trouvailletrolls3885 That was NDTV .. Dr. Prannoy Roy asked the question.
@@trouvailletrolls3885 it was on ndtvprannoy roy asked the question
OXYMORONISH !!!! I have really great respect for Rajan, but i found some of his critique on some issues is unwarranted and sounds like oxymoronish. For instance he roots for reforms in factor markets , but criticizes government when government actually does it after decades. whom will you consult when the workers have totally vested interests and think this is a zero sum game? Also this 3 year temporary is a very sensible way to do it as it can iron out implementation issues and provide ground for permanent reforms as workers can loose the fear that these reforms wont hurt them as much they fear and will have net positive impact.
Also he says centre should nudge states for reforms but when centre does that , he criticizes it as "micro management" and is against federalism. how can it be effective nudging if they don't have any immediate stake or if they don't have anything to loose (like debt ceiling here) .
Finally Rajan, you are a star for our country, so I only hope that u remain objective and unbiased in your critique . your stance here is inconsistent. hope you dont duck yourself in a corner and become agenda driven.
I personally want Raghuram Rajan Sir as our Next Finance Minister of India in 2024 of UPA Government.🇮🇳❤️
Raghuraj Rajan is inteligente personality. Raghuraj Rajan helped Chidambaram and Pakistan to circulate duplicate currency notes in India via RBI.
@@vijaymanjrekar3592 this is like your innocence or hatred for Congress
That is his aim
PAVAN CHOWDARY bro ye it cell ke virus hai
@@vijaymanjrekar3592 I don't need your opinion अंडभक्त of IT cell.
Not at all surprised. Chimdambaram said Modi's knowledge of economics can be written at the back of a postage stamp. But I think the stamp will also be too big. Bhakts will still adore him tho
👍
Who says
Chiddu chor...
Lol that's savage..
Dumb people feel happy that their PM is even dumber.
@@rishabhjain9910 , BossDK !!! Do you mean Chiddu means Modi ???!!!
Raghuram Rajan is on the way to become the FM on India.
I would love to see that day !!!
@@krishnarajagopalan528 You both are sanghis so you despise RRR. The fact is he is better than all other options currently. Far better than the history graduate and accountant guruswamy.
@@prashanthb6521 exactly
Raghu Rajan seems not getting enough and seems that he has no work at Harward and is whole time involved in Indian affairs.
Bring in more intelligent people, Understand the problem, give accurate data n sincerely work on to the development. Set right the Blackholes wherever. Thanks Dr. Raghuram Rajan 🙏
Our government couldn't even organise food....trains.....buses....
Intelligent people and Modi is like mixing oil and water. Wont work.
PAPPU
Isaac V 👍
They are against intelligence ....🙏
We Indians always have issues on the basis of religion. But in last 6 years we start hating more and more. Government is doing it on person.....kaale angrej.
Did govt force you to hate someone? If yes, who is more dumber......lol
@@jonapple4989 Fools who work for the IT Cell are the dumbest.
@@DN-js4uc ........can you please share the contact numbers of these so called "IT Cell Guys"? I want to know how much they make...
Congress propoganda
They are following British policy divide and rule .
Its toooooo late Dr. Rajan....Ur resignation was a great victory of those evils..to do worset things they planned .....but if u still hv somthing to do please sir do it...do it fr our mother India....
JAY HIND....
I want this man will become pm🙏 we don't need chai wala and baba log to run country.... For becoming IAS OFFICER U NEED TO STUDY SO HARD BUT FOR BECOME PM U NEED nothing..
It is too late now dear
EVEV IF MR RAJAN WISHES TO HELP THESE IDIOTS WILL DOWNPLAY HIM AT ANY COST. WHEN HE WAS IN OFFICE SUBRAMANIASAMY UNDERMINED HIM SAYING DR.RAJAN IS TRYING TO INFUSE THE AMERICAN TYPE OF ECONOMY IN OUR COUNTRY. SUCH IS THE EVALUATION THEY HAD FOR HIM.LET US HOPE GOD WILL SEND US A MESSIAH TO FOIL THESE EVILS
You can't keep fresh mango with rotten one
He has not resigned but contract not extended
After 6 years of hard work this government has learned that India should be a Antma nirbhar Bharat. Great achievement.
Making same mistake as nehru who also advocated for socialism
They hate free trade
ADA to ANB....😅😂🤣...
Achhey Din ayega
Wow.... Two of my most favourite people having a conversation.... :D
Nice
@Vibha Thakur good answer
@Daniel Kruger Hello troll!
@Daniel Kruger does rr mean modi?
@Daniel Kruger how do you know he his fraud did you hand in glove with him
8 bje wale PM
4 bje wali FM
12 bja diye desh ke.
Plz don't vote any anpdh gwar.
Fantastic . It took some time for me to figure the third line. Superb pun. Keep it up.
Hahaha
Thats true
@Rakesh Krishnan no one even told his name. He is just using unpadh gawar. You have exposed yourself by your jealousy. That's the problm with you bhakts... Kahi pe bhi hagg dete ho😅
@@nathakash2402 At least he acknowledged the anpadhgawar is referred to, over here. The uneducated lot is in majority and they would vote for someone with similar capacity
We need you back in Action Raghu Sir
I think America needs him more.
@@pravinshukla8642 appreciates him more
He is just a business School professor
@@Polestar828 he is a scoundrel that helped foreign and Indian cronies
He is same fellow who failed as chief economic advisor to UPA.
The last 5 minutes of this interview are very important. It's not one man/party's job to get out of major economic catastrophe. Listen to the experts + the opposition. As usual, captivating comments/answers by Raghuram Rajan.
Not only the PMO, but even the FinMin and RBI don't appear ready for the coming fonancial crisis. Now is the time we need the likes of former PM Dr. Manmohan Singh with his financial team, and Dr. Raghuram Rajan. In advisory capacities if not in authority. I hope that the prime minister has enough sense left to ask, and that these gents agree to try and extricate the country from the coming mess.
FinMin and RBI are just departments of PMO with not an independent thought in their head.
Can u imagine Indian public would have listened to dumb Manmohan . Would Lockdown would have been successful under Manmohan . Oh we don’t need the Lutyens to solve the economic problem . Govt doing excellent. Don’t need morons to run govt.
@@rajiindra As long as we have blind bhakts like you India will keep digging its own grave.
@@rajiindra economy has been falling for the past six years continuously so as far as excellent job goes we don't have problems just because of covid but a lot of credit goes to this excellent govt of yours.
hardy2175 You should know how economy grows to understand . Bloating causes burst which happened in Europe . Corruption does contribute to economic growth to an extent of 2% of GDP. In near time , it shows as growth but in long run it’s loss of scarce natural resources and resulting in wealth accumulating in few hands. BTW to discuss with me , you need to have some basics which I feel lacking in your post . Let economy show only true no.s not the bloated economic growth .
Hope India comes out of this crisis without causing great hardships to the already suffering poor. Great interview. Thank you, The Wire.
hamari apki dosti bani rahe
All the good educated economist has left the government in the last 6 years
Karan Sir, 2007 me Aap ne Ek Aadmi ka Interview Kiya tha Yaad hai naa " Karan Dosti bani Rahe"
Vo Aadmi aaj Tak Interview Dene keliye Darta phir taa hai...😁😁😁
Itna b nahi darate kisiko karan
Aaj tak uss sadme se bahar nahi aye hai Modi saab😂🙆♂
MODI WAS A SELLER HE HAS SOLD HIM SELF TO AMBANI'S N ADANI'S
Karan be jis aadmi kaa interview liya thaA, woh Kahan se kahaan Tak pahunch gayaa ?
Baaki Sab, dekhte Raha gaye
@@pbkvijaykulkarni6404 har kutte ka din aata hain uska bhi aa Gaya aisi ghatiya raajniti se pata bhi toh kya feku
The chaiwala economics depends only on marketing and product is hallow
Substantiation of existence is clearly not a quality of this government. Hogwash at its best!! Is what I can conclude from our present leadership(.. Or buffoonery)
@Apjal Guruji get well soon,.
Open ur eyes to see.
@Apjal Guruji 🤣🤣🤣🤣everything is welll lol
It's a bubble
Bro these chamchas work on the principle 'Apes strong together'.
*Rajan and abhijeet banarjee are gem of India🇮🇳*
Yes they are high quality maal certified by the West.
@@anandrmnn nailed it
I see two nobel prize winners in economists here 👍🏻
Thats how interview should be 1 precise questions 2 no outshout 3 extremely knowledgeable 4 wide array of topic grappling the current situation. 5 no politics. Perfect 5/5
This should be Trending 🔥🔥
Technical Guy
Bhai India mein hain Logic and scientific temperament ki umeed. Yehan engineer and doctor bhi kehte hain Veda mein sara information hain. I just don’t get why do they learn science Veda is nuclear bomb and fighter plane bana lete.
@Abhijit Sanyal Please shut up
@@darshanshetty9057 did he actually meant it or just put a lot of tags so it gets more algorithm hits? And bakhts lands up in this video. 🙄🤔🤔🤔🤔🤔🤔
@Abhijit Sanyal I really hope u wrote it as a joke bro. Otherwise get help
@@Dumbliberal ekdum sahi hai!!
Please get this man back; before our lovely PM sink the ship.
its already in the bottom of the ocean sir
Ask modi
Ship has half way sank
Already it is like titanic movies sinking scene,
Only rich lives will be saved first.
@@rajkumargaikwad8392 👏👏 you are absolutely right
These two personalities are talking too high for the current government. Government can't even organise trains.....temporary food.....some cash to poor....5 days to explain nothing....
They can make chai and do hindu Muslim... That's for understanding people education is Must
If it was the present party- arey hum batare hain ye sab Nehru aur Gandhi ke chaal hai. Unhone economy duboyi...
@@hunny333 even educated people are blind... Doctors!!!!
@@zikrakhan503 some are not ... But godi media are ignoring them...
Nd who is going to distribute this cash politcn who keep everything can n their pockets. That is why he strted Jun dhun khata. So u cn get money direct in ur accunt. Nd pls don't compare ourselves with u.s. who's max population is taxpayer.nd we hv to ay more physicl deficent nd if we tk loan frm weld bnk we increase debt. Govt shuld transfer money to farmers cuz agriculture is still our backbone. For small scale industry thy provid job nd ppl who r wrkng nd firms both pay for taxes. Big companies r the representative of our country thy shuld be dirctly involve in disicion maker nd less interfernc . Last but not least jansankhya kanoon cuz the no. we hv in population is prime reason we hv less no. in other places . No dubt govt shuld listn to these brains
Dr. Raghuram Rajan.. We all know how knowledgeable and capable you are... But you are too good for the present government..perhaps they don't deserve someone like you..
I saw RR and KT together on one thumbnail, I immediately clicked.
No wonder!
Teri shakl se hi pta chl rha he. 😂
Kagaj dundne se aasan hai na ye :P
@@gufestus4106 aur tumhari pe kya likha hai? 💁♀️
As Dr Rajan rightly said, it's time to collaborate with all stakeholder and brilliant minds, forgetting their party affiliations to dish out quick bail out solutions to avoid economic catastrophe and impending social strife thereof.
Raghuram rajan sir great economist
When someone uneducated thinks he has all the wisdom in the world and his followers think him as a avatar what do you expect?
👌👌
Chaos
You mean? Please have the guts to speak with clarity and not passing loose comments
Has anyone face the crises that we are in. If the so called economist has any suggestions please share with govt if you are truly national. Otherwise you are green card holder and you should advise US government if they feel that you have right expertise and experience.
@@AshokSharma-et9ry I can't speak about economics, but Raghu sir is making some observations even we too can make like food is inadequate, job losses have happened. He needs to come out with a policy that can help everyone. Well Ashok, have you watched Pearl harbor? There when US Army and Navy chiefs brief Roosevelt that its not 'technically' possible to attack Japan, he opens his wheelchair, gets up with all difficulty and salutes them standing without any external support, salutes them and tells them : 'Do not tell me, it can't be done'.
AND WE KNOW THE REST IS HISTORY.
We want that kind of person to take charge and instruct our scientists to find something that can nullify corona virus AND our economists to come out with measures that can benefit even the migrant workers.
56 inch has not courageous enough to face Mr. Karan Thapar.
never will be
Karan thapar is just a chutiya journalist and on payroll of opposition. PM has raised from poverty and reached the highest level of indian administration. So u can understand who's greater
Modi said "Humari dosti bani rahe" and left the interview in the middle. 😂
@Guilty Pleasure tum chutiye ho. This is the game of politics. Ravish is a left guy poori duniya janti hai. Why wud modi give interview to such a useless journalist who is going to ask irrelevant and opportunist questions just to down him on infront of the country
@Guilty Pleasure haan bhai tum jaise chutiyo ko sach kabhi samajh bhi nahi aa sakta. Jo naam tumne liye usse tumhari soch samajh gaya. Utna kaafi hai
What to do this prime minister has BIG MOUTH ON A SMALL HEAD.......its kinda impotent government.....
Big mouth and small brain. Blind for the poor, and good Samaritan for big business houses, deaf for the experts but getting dictation from Nagpur. No interaction or patience hearing in press meet or public gathering. Only delivery. Bla bla bla Man ki baat, interview to Godhi media.
👍
@@lourduraj3146 Well said bro.
Modi discusses with the best minds in the country, modi does best possible, rajan has gone past his prime, not at all patriot, we don't need his approval or suggestions, no point in insulting pm, what the modi has done is more than all other pms combined together.. It's stupid to say that nothing has been done
@@rentic888 How much money did u get as a part of the newly anounced package? We are striving hard since no work or no money.
I hope that "arrogant aunty" is watching this interview.
Budda Chaachi
I understood it's Nirmala mom.. 😊 faith bro faith
No she doest use internet just like she doest eat onions
Nope, she's busy privatizing even profit making government firms and they keep calling it ''Strategic Disinvestment.''
@@user-dw9ud8jx8i a
👍👍👍👍👍👍 Lo u
K ami
He missed a big point for putting economy back on track: Make the nation watch more of Ramayan.
Watch more of Ramayan in addition make more yogis as CM, sadguru as their courtyard counselor plus more tall Golden statues to beef up their history across 29 states and Union territories..
czcams.com/video/Nvp3jJ8Dso0/video.html
What problem do you have with people watching Ramayan.. ? In what way it has harmed you?
Respected Fred Mathew, what has economic policies got to do with watching Ramayan, which is a Hindu epic.
Please delete / edit your remarks on Ramayan as it hurts religious sentiments.
Legands still use Reynolds 045 pen. Nostalgia.
Yup.. It took me back to the era of raynolds, rotomac and link pin points 😊😊
@Apjal Guruji 0
K
@game changer ,, Absolutely right Sir! "Reynolds 045 fine carbure" is a wonderful pen!! It has helped me a lot in my studies!
@Daleep Dan Charan ,, Yes Sir, you put it aptly. "Reynolds 045 fine carbure" is a wonderful pen. It has helped me a lot in my studies.
We need Raghuram Rajan Sir to come back to country and serve and Govt should respect him and take his words seriously... 🇮🇳❤️
For one year, MODI should appoint Raghu ram rajan the new finance minister of India...
Dr Rajan is a decent gentle man he never hurts any one but puts forward his views straight forward. I would love to see him as the FM of our great nation.
Remember the picture? The name of the picture was "The vulture & the little girl.
In the picture, a vulture is waiting for the death of a hungry little girl.
Kevin Carter, a South African photojournalist, captured the March 1993 famine in Sudan. He was awarded the "Pulitzer Prize" for the film. But Carter committed suicide at the age of 33, despite receiving so much respect.
But what was the reason for suicide...???
In fact, when he was busy celebrating such a great honor at the time, the news of his receiving the award was being shown on various TV channels, at that time someone asked in a phone interview what happened to the girl in the end?
Carter replied that he could not say because he was in a hurry to catch his flight.
"How many vultures were there?" He asked again.
"I think there was one," Carter said.
The man on the other end of the phone said, "I'm saying there were two vultures that day, one of them with a camera."
Realising the significance of these words, Carter became upset and eventually committed suicide.
It should be humane to get anything in any situation. Carter would be alive today if he had taken the starving baby to the United Mission's feeding center, which was only 1/2 mile away, where the baby might have been trying to reach.
Today, 26 years later, the vultures are still returning home from all over India with cameras in their hands, busy taking pictures of workers walking thousands of Kilometres. There is no holding even after seeing the children.
These vultures are more concerned with gathering news, with increasing channel TRP, than with worrying about workers' deaths. They are busy collecting breaking news by pouring spices on the bodies of dead workers and children.
Kevin Carter had self-esteem, so he committed suicide. But the vultures named after this journalist are busy making breaking news with dignity.
🚩🇮🇳🚩
But what's the govt doing?
Who made the vulture,who is responsible for this disastrous situation? Why can't to understand that a self styled PM we have and if he come and say today 12 midnight all urinate ,the people of the nation without question obey him,the time of pandemic wait for Namesthe Trump and toppling the MP government 'because that was important than the nation for our PM and HM. So who should be blamed,for the present situation and without preplan declaration of lockdown? Mera Bharat Mahan.
There is no doubt that Raghuram Rajan is a guy with an excellent academic record. During his tenure as RBI's Governor, he was not even able to make any difference at all. Let him do Analysis(In America) and Let PMO work(in India).
Always interesting to listen to the 'Hulk' of interviewers - Karan Thapar talking to Dr. Rajan
R Rajan sir we have no doubt about your compitency as you handeled RaGa so well.
lets take this up as responsible citizens of India who want to exercise their rights in the largest Democracy. Please like and say "demand an interview with the FM and PM" on my comment if you all think that we need a confrontation of the FM and PM interviewed live by "Eminent Economists and Eminent Reporters and Eminent atleast 2 heads of business of large medium and small businesses" of our country. I would highly recommend Vandana Shiva to be a part of the panel.
Mr Thapar Please make a video to let people ask their questions about the governance of Modi for the past 6 years and the handling of the current covid as well as economic distress. Basically let them speak their mind off !!
leave an email address for people to write to you. Give a timeline before which people should have asked their questions and suggestions. Take your time to segregate the questions and suggestions under categories of economics, humanitarian, medical ect. downsize the questions to about 60 questions 20 questions under each category. decide on a date of the interview and shoot. Let us all together use this opportunity to change the way India functions for good. Let the citizens of India decide who holds what portfolio under what ministry. We have been the forgiving and the forgetting lot for the longest time-- enough is enough.
Let DEMOCRACY SHOW ITS MIGHT. We might never get another opportunity to do so.
Democracy in India died long time ago!
@@KB-bq1mz time to Jolt it back to life. we are not slaves to accept whatever is thrown at us. time to call a spade a spade.
As lucrative and inviting your suggestion might seem, given the past records of modi's interaction with its people im quite certain he will not concede.
@@rishavmasih9450 we together can make him come forth. if we "surrender" to his tantrums he succeeds in Dictating us. thats not what he is there for !! he is there to listen to us and serve us. He cannot just give scripted speeches behind closed doors and we accept whatever he throws at us with his emotional dramas. Just look at the way Trump is grilled !! he has no choice but to face his people and its he who talks to the people not some other "spokesperson"
I was expecting Mr. Rajan to be the blind critic of the government..however as usual he has been honest and has taken balanced view. Really appreciate sir. True academician.
Karan Thapar: This is definitely my last question...
Raghuram Rajan: Smiled😂
In Delhi, poor and even the lower middle class got 5000rs every month and double grains with oil, salt, turmeric, etc. This should be done for whole India.
Really
Best RBI Governor so far in current 20-25 years and I wish him future Finance Minister of India
Exactly the reason he criticizes loosely Modi govt...
Exactly Modi Government don't listen advices and understands it as criticism
Just i Have seen current RBI Governor speech NDTV on economy slow down he said Economy growth will be in Negative for the year 2020-21, he was very Happy from inside and Thanking Corona to be blamed as if it was happened just in last couple of months😭😭
Raghuram Rajan sir is truely indian and giving all advices and strategies free of cost to Govt...
After watching this Raghuram Rajan Sir interview I can understand how is highly educated and intelligent and transparent in his policies, & strategy and it is clearly understood why Govt do not wants him to be back bcz he will screw all their policies and plans.... which current Puppet is not able to do and acting as Rubber stamp 🤣🤣
Salute to The Wire team to ask this kind of question to right person and giving suggestion to Govt Indirectly free of charge as a free service to the Nation 👍👍👌👌👏👏
Listening to Dr rajan/PC one gets the impression quick policy /perspective changes are needed at the top to save the economy
The two great personality of India. You both come together along with Dr. Manmohan Singh, Rahul Gandhi and form a wonderful India. We want India back to normal like when Dr. Manmohan Singh was PM.
Incompetent PM and PMO
India is poor. Indian govt can't give money to every poor person. Use a brain.
@@reardelt waiving off loans for private companies is possible but not giving a meagre 1L crore at a time of great crisis this country is facing is not possible isn't it?
@@reardelt what about central vista project of Rs.20,000 crores and two private jets bought by PMO for Rs.8500 crores and writing off Rs.68000 crores of loans of private players. Is it more important than migrant labours?
@@gurmitsingh8735 I think andhbhakht Jay j ran out of comment box as seen ur reply
@@reardelt according to whom...are the comments enough to smack u off your bhakti....The state of your minds is just pitiable...It's fir the people like you that our country has been turned into a waste bin....
Thank you, Dr. Rajan. Help India, help Indian. We are drowning.
I thank raguram rajan for his contineously in touch with country when it needed him.
Great economist in conversation with a very honest journalist.
Raghuram Rajan's expression at 10:14 explains the capability of our current Finance Minister.
His interviews are always a great learning experience. No time was given for the economy to revive in between Demonetisation and GST. Was indeed not a great move.
The questions raised could have been neutral. All of them were asked with a negative connotation.
जुमला जुमला सब कहे , जुमला फेंक सके न कोय,
जब जुमला फेंका गया तो संभल सके न कोय
Perfect 👍
😁😁😁
waa waa
Wah wah.. 👌
Economic Situation, we are going through right now is not good, to over come to this situation, India needs best economist who has seen up and down and has profound knowledge in respective field, I think He is none other than Dr Raghuram Rajan.
If we don't overcome now from this situation,we won't overcome future too. And nobody will give loan or monetary assistance in future too, to overcome.
Now it is up to the government what is most important for them,whether it their ego or country.
He said,’’there are perfectly capable finance ministers, even from the BJP.’’
This means that he sees Sitaraman as incompetent.
And lets be honest guys, its the the PMO who is running the finance ministry.
I don't know about the calibre of Sri Rajan, but I personally respect him. Honestly!
The greatest personlity knows the economy of India whereas India in downfall because of just a teawala PM .... Wonder .... The educated class will be suppressed in this gooda Raj governance of BJP. Therefore lockout lockout ..... BJP forever in Indian history... never again BJP...
We want to see raghu rajan as finance minister
RaghurM Rajan is the reason why India is in such economic crisis today.
Time has come to give responsibility to Manmohan singh and raghu.
Huge Respect to Dr.
Rajan Sir, I a Chartered Accountant Student and also interested like mad in economy have some Questions kindly, sir it would be great to hear from you. (1):- why Government is invoking "Escape clause" in FRBM Act. (2):- more Variance allowed in the Fiscal Deficit by 0.6%. (3):-
why India's Surplus "Current Account Balance" does not show positive impact
on economy? (4):- By completely ignoring
Revenue Deficit, and only focusing on containing Fiscal Deficit, the government
has ensured that the FRBM Act (Fiscal Responsibility and Budget Management Act)
now hurts growth - which is exactly opposite of what fiscal consolidation was
supposed to do.
@Raghuram Rajan @TheWire
मोदीजी हमे तो बस वे कांग्रेस वाले बुरे दिन लौटादो। ..
Mr Thapar I would earnestly request you to have an interview on the current health of the banks in India. almost the entire middle class and senior citizen population of India relies on banks and bank deposits. sometimes the interest form bank deposits is the only "dignified" income they have especially widows and single elderly people. How safe is the money these people entrust with the banks ? the lowering interest rates is already a point of concern but that is still tolerated as long as their principle is safe. Is the principle really safe ? what do economists think of the "near future" of the banking system ? are we looking at times where its better to keep all the cash under the pillow ?
A lot of middle class and upper middle class population which is probably 50 % of India's population would want to know about it. Will highly appreciate an interaction with whoever you think is the "genius" of this industry .
Agli Baar ,. Paan wale Ki sarkar
Ussasae agli sarkar literally gadhoan kee sarkar
Karan thapar is the perfect example of what should be the real job of a journalists. We need more educated and loyal journalists like him in order to save this country from hypocrites and fools. Majority can be controlled just by journalists what they show us and what they tells about the actions of government really matters.
So that's why truths go unnoticed most of the time.
Awesome
This person knows Economics in and out it seems. Terrific knowledge.
We need universal basic income regardless of caste, gender, poverty level, and age. When you give people purchasing power, you can empower the economy.
But you'll lose vote bank man. How will our dear pm be still continuing be rich and holds power to keep his lap dogs then ?
As pointed out by Dr. Rajan, it is so so important to identify the truly marginalized and the vulnerable so that it is convenient to help them directly. With all the available know-how and technology, it is the need of the hour to do that.
Present Government is unable to run the country smoothly.
DR RAJAN SIR'S method of explaining economics is very layman- friendly.😊
Who thinks, bhakts who are watching this are actually focusing on the clock behind..? 😂😂😂😂😂😂😂⏰🕒
@Debabratta Dash few will never understand that the dying poors need immidiate relief..
Well said sir on MSMe's. We missed a great brain to support this foolish ministers during pandemic times. We still don't have data on lives of people that was taken because of food nonavailability. This government has failed us and If I don't have knowledge I shall rather seek from one who can guide me but India you are in similar situation but I am worried if they shall seek expert support to save our people. We all complained that Congress failed for 60 years but this government is able to bring much bigger unimaginable damage within 6years . So 10 times powerful this government is in terms of destruction. Plenty more to envisage only God save us.. 🆘
Government can consult Dr Manmohan Singh and Mr Pranab Mukherjee both experts
But government can take the credit
The role of various state governments in blocking the migrants, in not persuading the erstwhile employers to pay salaries to the lower level employees must be studied.
With so many of these interviews, why can't the interviewer use a proper microphone? The sound quality here is terrible...
@Guilty Pleasure Abe Congress Ka budget sabse jyada hai😂😂 60+ saal ki kamai hai
These guys cannot fix a microphone. But they get together to fix a tough economic situation spanning the globe. Don't waste your time with this nonsense.
These guys cannot even fix a microphone and they are talking about fixing a complex economic problem spanning the globe. Waste of time.
Check your phone speaker or perhaps your ears too..😂
@@collabbros8318 what these two guys to do with Congress by the way..??
Economist as raghuram rajan will always speak sense. See his humility even after persistent targeting of him by the BJP he still have cues for revival of our economy which is in doldrums. Chaiwale se bacha le uparwale.
चायवाले को पानी पिलाने वाले कारण थापर को लाख लाख बधाई
Rajan is pointing on dr. Manmohan singh for LPG reforms and now to handle this critical situation
Bhakts after watching this :
Look at the Clock behind Raghu. Oh wait, nothing wrong there.
We are worried too sir..the govt is staying in a mute state not responding to any measures which can take us forward ..
Mad Modi till date had never taken feed his wife food shelter love and affection and give her a future.. Now this is personal but the thing is Modi will never feel thees pain of labourers needy poor and middle class all Modi likes is to attend Ambani rich party and eat expensive Lakh of rupees worth of mushrooms.
Then what does Rahul Gandhi do???
Make an isolated visit to a poor household of a woman named Kalavathi and insult her by drinking mineral water in front of her in her house.
@Abhijit Sanyal what a load of rubbish!
@Abhijit Sanyal blah, blah, blah. Typical bhakt way of presenting gibberish as gobarnomics and modinomics just because an idiot, egoist of a supreme leader has fed them with jhumlas and $#![
@@npd9758 wat u want frm rahul so wat if he drank miniral pls ask yr pmo to do wat yr expecting frm rahul pls make senceable alegations wat more can i say jaisa raja waisa praja
@Royal Indian You are right. From GMO crops to vaccine programs in third world countries, blackrock to vanguard fund, the only motive is to make money for the world elite at the expense of the poor.
First time I see Karan thappar so calm and listening and not interrupting 😀😀 I think he got more wisdom as he got old 😜
Wire, please consider improving the audio quality.
Improve ur ear phones or mobile its sounding gud asusual
@@samarpawaskar8077 There is always a space for improvement.
the whole world is suffering not only INDIA - I think Karan and Rajan enjoying the current situations might be praying God to prolong
They want the poor people to die.so that they can proudly say garibi hata di.
Joke maarna hai abhi bhi tujhe?
Raghuram Rajan what was your contributions when you were chief economic advisor to UPA, when India went down to be dubbed as five most fragile economy of the world
But he was just managing the ROI for the Vadra family. India ko maro goli.
The audio quality on Karan's side needs to be improved. Maybe get him a mic and ear phones?
He doesn't need mike. It cracks if installed.
As he is worth listening!!
@@anandrmnn so why did u watch the interview at the first place.
Government has no idea what is happening we need to have the right brains first of all!
the FM in her interview today said that she has "Eminent Economists" who have been extensively consulting her to have come up with the stimulus plan. Mr. Rajan, Jayti Ghosh, Mr. Abhijeet Banerjee , even economists on youtube like Mr. Anand Srinivasan are all giving interviews "Against" the stimulus package.. Im wondering Exactly what is her definition of Eminent Economists and next interview we want her and her team of Economists to answer our questions. Mr Thapar, you have interviewed enough economists out of the govt net for their "unbiased" opinions. Please "DEBATE" the FM and her group of Eminent Economists across Rajan, Banerjee and Jayti Ghosh as probably reporters and common citizens are a notch below the mark understanding her kind of economics. Let the Unbiased Eminent economists dissect their logic. and announce that debate a week before just as Modi announced the "Headlines" of the 20 lac cr package. Trust me your subscribers will crash the internet. its not just the ones siting in India would want that but every Indian all over the world and other world economic heads will be watching you.
" next interview we want her and her team of Economists to answer our questions.." who will dare the FM to do that...?
@@studyonline4763 we will and we can - we have the right to. A reporter form A news channel has already interviewed the FM . watch this czcams.com/video/F5tKUVbgN8g/video.html
I too agree . Am in doubt !! ...is it called stimulus package really???
If it is a debate, they will bring in their expert economist Sambit Patra and everybody else will loose. It is the culture of debate on news media led to this mess. We the gullible middleclass were watching in awe the debates where every opponent was decimated and a hollow around Modi was created.
We were led to believe he was the next avtar and reached this stage. The govt. does not have the capability or intent, do not value wise counsel and considers simple market tricks will keep them elections and for them there is nothing beyond that. Economy, condition of citizens, are all secondary to them.
@@suriyakumar925 the culture of debate was never of the right kind. if we have idiots like Arnab goswami leading a debate where no one but only him talks there will be no conclusion. Sambit Patra is no genius. We the middle class have been taken too much for granted and thats why its important that we demand answers. conclusions and rectifications. We listened to what they had to say . we accepted what they threw at us but it should be the other way round. They should be listening to us and giving us what WE want. We elected them to SERVE us not RULE us. In the USA Trump is grilled every single day about his inactions on unemployment, covid deaths, economy ect. here nobody questions directly to the PM or the FM. Modi is comfortable giving his scripted speeches behind closed doors. let him face the questions directly without a script. if he knows what he is doing it should not be difficult to give answers. its time to put our foot down.
Thank you Karan for calling Raghuraian on front for his feed back valuable ideas provided the Hindu Muslim game players will understand and implement.
Regarding reform labour laws one should understand the problem of Building contractors who have no consistent income through contecs and always live in stress to loose contract or loose menpower when they need .
Unnecessory compliance’s of labour laws are neither in Beni fit of labour nor in interest of contractors
Only insurence policy and market rate wages with heir and fire rule for labour’s against demand and supply
Thanks
Two legeds in one frame with specl sound...
@@divyanshuraj29 You also missed a punctuation mark "?" ...
So should I judge you now the same way you did ..??
🤣
@karanthapar we the public have been a very keen observers of your interviews and our request is that would you please interview our honorable, intelligent, respectful, meritorious, efficient, hardworking, independent, diligent, caring, empathetic, sympathetic, loving, down to earth, 0% arrogant and finally honest FM nirmala or will she stand your questions? Or walk out like our 56” inch hero?
Karen, please don’t look down to read something when the good Dr is seriously articulating his thoughts. If you really need to read something then have it placed in front of you rather than down below.
Karan is a Devils Advocate and that is how it should be, if we have to benefit from these discussions. Otherwise it will be another Godi media.
Karan is the devil and not devils advocate. He is a "definition of disgrace" to quality journalism.
@@lakshmivenkat3913 Please prove your point instead of churning false adjectives.Why is he a devil? How is he a disgrace to journalism? Please educate us.
Modi govt dispensed with well known economists who have known world over as they have specialised skills in different fields who could contribute a lot in this difficult times this is certainly mismanagement and failure of the govt . Very good interview with Dr Rajan.
Isnt anyone gonna talk about the reynold in thappars hand
VERY NICE CONVERSATION ...
PM DOES NOT UNDERSTAND THE DIFFERENCE BETWEEN URINE AND COLD DRINK 😣😷
FM DOESN'T UNDERSTAND THE DIFFERENCE BETWEEN CHARTERED ACCOUNTANTS AND ECONOMISTS ..
OUR BAD LUCK AS COUNTRYMEN ...
🙏🙏🙏🙏🙏👌👌👍👍🤣🤣🤣🤣🤣🤣🤣
Mind Begs the Question:
Software sophistication available,
Amount in storage,when sent,if recieved,
All can be listed on Govts website,
Honest Govts Transparent,or Hide?
Thapar Ser beutyfup interview with Ser Raghu Ram Rajan of aprropreat time government should take a sajeshtion like you and afcorse Dr r r Rajan thanque.