RBI DETAILED State Report Explained in Detail: Are Indian states going BANKRUPT like SRI LANKA?
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- čas přidán 11. 07. 2022
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VIDEO INTRODUCTION: On the 11th of June 2022, the reserve bank of India released a very very important document about the economy of the States of India. Some of our Indian states have been managing their finances so bad that these states could be heading towards the same state as Sri Lanka's economy!! And we all know what's happening in Sri Lanka right now!
and The worst part is that if this continues for a long time, the entire country of India will lose money and could face another economic crisis!
The question Why is this RBI document comparing Indian states to the economic crisis in Sri Lanka?
How are these states doing the same mistakes as the Sri Lankan government?
And most importantly as citizens of India what are pointers that you need to keep eye on before you cast your vote for the so-called leaders of India?
and if this makes sense to you please share this video with as many people as possible to educate India about this critical issue!
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I am from Odisha... A few years ago Odisha was considered to be the poorest state of India... After some bold moves and strategic investment of the government the state economic conditions have improved drastically... It has one of the lowest Debt % and lowest interest payment ratio %... This happens when the state is run by Brains (Referring to IAS Mr. V.K Pandiyan sir) and not by freebies... I admit freebies like rice at Rs.2, rations, many such things are provided but they are mostly for people who are in need... Happy to be born in such a state 😄❤️
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.
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Still many don't know where is Odisha or and will ask what it has done... To them just go and search for some of the crucial administrative positions held by Odias... U will get to know ☺️🙏
🙏 Jay Jagannath 🙏
Yes i do agree but we definitely need to accelerate in terms of developing our roads , cities and attract foreign investments . For a state with so less political instability since the last 25 years , we have done so less in terms of developing . We need more cities like BBSR , Rourkela , Balasore to attract foreign investments
True
Joy Jagannath 🙏❤️🚩
Odisha benefits from the extraordinary political stability. Patnaik knows he can afford a few unpopular but important decisions. In states like Rajasthan, Chhattisgarh, Punjab, political rivalry is so tense that they change govt on every 5 years. You can't have such decisions in those states
odisha zindabad...
Probably the only channel where the students,job holders and elders will stand in queue for the release of your episode
True.
For real bro
Woah! Lot of likes.I think i should thank think school for giving me the space for dropping a comment.
Lol 😂
Exactly bro
Pov - Iam a science student but because of Think school, l fell in love with macro economics 😂😂
I think RBI should get a power to control state money borrowing , RBI should limit the borrowing of states who are spending money on freebies
example... Punjab can borrow only 4000 cr per year
The ruling party will blame other party this is happening because of them and it will lead to separating state from the country which will be bad for upcoming youth. Please open your eyes people who are going for freebies.
Bro the supreme court should also interfere and stop the buying of votes by promising such Bs of freebies
What bout free ramayan yatra??
First RBi should control how central govt is borrowing.. atleast states have limit on how much they can borrow.. don't know how foolish RBI article is .. how can states become srilanka rather country will become as u c modi in his 7 years increased loans from 56lakh crore to 1crore51lakh.. first control should be there
@@mnreddy24i think you don't know things , thare are many international rational rating agencies which will keep an eye on economy of countries ( i.e, how much loans a particular country is taking and what ways it is spending the money) , once you are going in a bad way these agencies will decrease our points , which in return makes difficult for countries to borrow money and even increase in the interest rates, so for your kind info central government always be regulated automatically but that is not in the case of state , even though there's "FRDM" law made by then prime minister atal ji regarding financial stability they aren't following the case , which became a problem
This research that you have done is amazing. I have a Masters degree in Financial Analysis and today I felt like my knowledge is nothing when I see the research and the simple ways you have explained everything to us. Thank you for this video. Please keep making content like this 🧡
you got me man.. literally this is what I'm saying to my family and friends but all they are laughing at me.becoz I'm just 21 years old I don't know anything about the politics and all that. but thanks to you. now I can share this to all my friends and family that our state is in a serious financial debit. btw I'm from andhrapradesh... thank u
YSRCP is a curse to AP.
in Andhra Pradesh we don't have any good educational institutions ,they have no proper capital city or any vision for developement.
👍
That is true brother!! Andhra Pradesh State is facing a serious financial crisis in the coming days
@@rajendragrandhi4818 what abt ppl who elected him ,they deserve for their act
Hi Bro,
I'm from Andhra Pradesh.We have 9 free sch emes in our state.every year our govt takes min of 110000 crores as debt. Interest rates are not a considerable aspect for CM.I think it's our state which will become Sri Lanka first in India.
It's actually good to assume that if government stops giving subsidies and freebies all the money will be directed towards the development of the country. But unfortunately that will happen only in a ideal case not in country like India where all the money goes into politicians pockets. Corruption is the problem which should be addressed that consumes a major chunk of the states revenue and not the facilities provided to the people
good point. at least in the form freebees the money is reaching to public.. if not that money will also be robbed by bureaucrats and politicians. like for e.g. BJP is showing like they are so concerned and trying to restrict things for thier own advantage and geting all GST money and returning what they shd ..is also a scam..people have understand that
@@AK-gm5vs Boss..i am not saying this is best thing to do ...but godi sarkar is not against it.. they are endorsing it and modi is inaugrating the free bee distribution in various states..
@@AK-gm5vs ok now i know you are against freebees may it be any party.. and may be I deviated .. but my point is when the GST amount and the contribution by rich states like TN is not considered when allocating funds back to states...then what else states will do.. also free bees are not what ADMK and BJP gave in TN .. mostly the freebees by DMK this time is for bus pass, and other essential things with which most of the people in state are educated.. at least the ones who make difference in elections..and not get influenced by the jhumla of this godi party..and now Godi is calling it free ki rewadi.. my thoughts and points are mixed bag actually.. nothing against you.. boss..
@@AK-gm5vs i am a person who will not judge when I have not heard much done any research.. but Bengal just because of this if they let BJP come in power.. that is going to be a disaster...BJP is just don't free bee given by their rival parties.. but they will also do the same...so I hope people in bengal are smart enough to think ..
Till the people of our country understand that the No MONEY is FREE, we are on the path of being doomed. Your videos are creating great awareness 👍🏻
Delhi is the only state in India which is running in profit after giving freebies CAG REPORT surplus budget corruption free governance is imp bhai 🔥
@@assistonraj6576 delhi is also called city
City management is easy
But will delhi model work in maharashtra gujrat or others
@@satviasm3328 yes punjab me free electricity and 100 mohalla clinic complete hova he ,,,if there is determination to do everything thing is possible bhai 🔥..
I live in mini ShriLanka a.k.a West Bengal. Our state government is distributing welfares like it's their privet property and have given them colourful names. The Debt to GDP ratio has gone above 38%. Most of the people like me are desparate to move out from WB.
Same with keralites. Most youngster want to migrate to foreign countries. Its always have been to go to middeast countries for job in the past many years but now things are changing to european and western nations not only to work there but also to settle down there. Things are scarier than what we really think.
We have to look after ourselves, politicians would simply leave the country like the Sri Lankan Ministers when all hell breaks loose
Same with us keralites
@@varsha2692 why don't you vote someone else apart from left parties?
W.B me Agar Bidhan Roy jaisa C.M hota to Hum Ajj TOP me Hote.. 1960 se downfall Hua wo Ajj Bhi Chalu ha..
It's a shame that mainstream media is not discussing these topics thank you for making more people aware about these topics.
You have a really good way of explaining but I think you should start a parallel channel in Hindi as many people can't understand English and they are in majority
Because main stream media alteast have some economic knowledge that they knew states can't be bankrupt unlike these whatsapp University gentleman.pls bro do basic research u will know this gentleman blabbering
Media busy in doing Hindu Muslim as our government asked them to
@@mathankumar28 Passing judgement is easy. If you feel that his analysis/case study is wrong, you can point out the mistakes and make a comment on them with valid explanation... rather than just passing a casual judgement...
@@Sriram3500 not any stereotyping, if states can go bankrupt then most of the province in usa might bankrupted not one, many times
@@mathankumar28 the point is not about a state can go bankrupt or not, point is if a state goes to a condition like Sri Lanka, Indian Central government will be responsible to burn in some cash to make it overcome of its debts.! And that is countries money, like central government have passes in some 90k crores for discom losses, as mentioned in video and that causes problem for a country as a whole.!
The best channel I came across in the past week. Complex things made super easy and interesting.
One of 'The Best Content" on youtube. No Bakwaas!!! What an awesome research!!! Hats offfffffff! Loved it and Subscribed..
I am living in up agra
Personally i really see a change in my area and state the infrastructure, investment and many more things and before 2019up is in top 5 states but now we are out from atleast top 5 states from bank corrupt list
But there are a lot of work for making our state more stability
Free ration scheme is central scheme, right?
@@shy0k nope there's another scheme launched by state government.. They give some extra ration like chickpeas and few more things.. Which seems completely unnecessary..
@@shy0k it is 🗿
Free ration scheme is a necessity. Otherwise you will have people starving to death.
Similarly I also see a change around me.
I am satisfied and happy that Maharastra, since it's inception always had leaders with great vision and foresightedness.
And all Marathis very well know that कष्टाला पर्याय नाही( nothing can replace hard work). Hence freebies ka trap yaha pe kabhi kaam nahi karega!
Jai Maharashtra 🧡
Along with Mumbai... Pune, Nashik, Sambhajinagar, Nagpur are generating good revenue and having decent standard of living.
@@mrudula5973 but that revenue is eaten by central government and given to poor States and our state farmers are still committing suicides
@@clubber1265 Maharashtra is doing well not bcz of Mumbai only. You people will never understand the meaning of being Maharashtrian. We don't like free things. We just want value for money goods not free goods and services. And their is one report called district-wise GDP just read that you can understand that each and every district in Maharashtra is contributing in states growth. Mumbai contribute 20% of Maharashtra's GDP.
@@nayanahirrao3480 Maharashtra GDP is around 420 billion, Mumbai's around 277 billion, there are two districts in Mumbai, So Mumbai contributes 65.23% of Maharashtra GDP brother
@@learncopywriting5623 read government India's official district wise GDP report. Read the comment completely first bro.
I don't know why AAP is providing free electricity upto 200 or 300 units. With this thing, more than 50% of the people will only waste electricity, and it will do more harm to our future generation than any benefit.
Thanks a lot for spreading awareness.🙏
Simple it's for votebank they don't even care they will just flee.
Bullshit... infact 73% of Delhites benifited from this last year which means they used less than 200-400 units of electricity and this gives you a sense of motivation to spend lesser electricity to stay below that margin, as otherwise they have to pay for it in full!
So it's the opposite where in people actually end up conserving their electricity.
Also as per the CAG report, Delhi is the only profitable city/UT in India
@@maddyx3711 lol tabhi toh paani nahi hai 😅
Absolutely love your channels. All the articles are so enlightening. Hope more folks get to see these
So happy to be from Maharashtra, none of the current and previous governments announced any such freebie policy to mess up the finances.Hope other states dont fall in this trap.
Jai Hind, Jai Maharashtra
जय महाराष्ट्र 🚩🔥
Good
Exactly. We Maharashtrians always had leaders with vision
What abt modi is freebie policies which is applicable in MH as well??
@@enhancemusic3720 all Free Ration....Free pakka makaan....
I am from Colombo , Sri Lanka. Yes you are absolutely correct. We are facing such issues due to bad dissions by politicians , corruption, more government expenses, Tax reduction 15% to 8% , and most of government bussiness running with losses ( Electricity Board / Sri lanka airline / water Board / Cepeco oil ). Can't run country like this.
😔 sad to see what politicians did to your nation
Modi yahi sab theek kar raha india me par free wali janta ko lagta modi desh bech raha.. Saare sarkari psu n banks ghotalo ki jad hain.. Or 80% keval loss krte h
You have the utmost well wishes of all Indians to come out of this situation as a country, we are deeply worried for all SriLankans !!!!!!!!
@@amalyadav6505 🙏
i wanna ask you a question, what was the people's attitude when the gotabaya government doled out the now ill-fated people pleasing policies one after the other
how does their attitude and/or behaviour compare to andhbhakts in india (pertaining to the BJPee scum)?
I visit this channel every day! I couldn't feel this engaged to our country's economics with my books. You are awesome bro!
Thank you sir! You are literally educating the world with these awesome videos.
Same here in Mizoram. Our financial situation is in trouble and it is on the brink of collapse. Our govt is heavily relying on loans from internal and external sources . But taking loans from financial institutions is not the solution while spending lots of money in govt's freebies schemes which were unproductives in the long run.
So infra is still and or now under modi it's good?? Heard modi is pushing infra a lot in ne what do you think
Listen to Bureaucrat not Poltician..
How's the development in Mizoram? Has it improved?
Kya hoga agr object ko space se alag- alag planets, Sun☀️, Moon🌙 pe giraya jaye. Gravitational pull of d/f planets.
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@@santusanturohit4832 uh no. Equally bad. Do you know how bureaucracy ruined us during our socialist era?
ODISHA, considered one of the poorest state of India is doing really good and doesn't have much debt .Love to everyone here from Odisha ❤️🇮🇳
Naveen Patnaik giving freebies will make it worse
Odisha is based
@♜telegram@thethinkschool please make a video on Andhra Pradesh
When Andhra and Telangana are united entire money was spent on Hyderabad,But when Telangana buifircation happened Hyderabad went to Telangana,AP is left with nothing
Odisha leadership have been really wise in managing finances
its odisha, Its one of the poorest states, You expect Debt, but people their struggle to make an INcome 🤣
much appreciated for your hard work, insightful thoughts and correcting disbeliefs. Thank you so much
Sir this was so insightful. Really appreciate your efforts on this channel.
I'm from Rajasthan, here Mr. Gehlot brought back the OPS(Old Pension Scheme) and all the govt. employees are cheering to it like they don't give a damn about State economy. Mentality of people is very selfish, many govt employee having a lot of lands, getting money from farms still want OPS. Moreover in my neighboring villages people enjoy free electricity... the basic problem is people think that govt have some jaadu ka pitara and they don't even think about country they are just enjoying all this for free and then blaming government.
Culturally Rajasthan is a very great state but economically we haven't shown any miracles.
remove congress. hm not possible maybe people never let go free things
I'm living in patna. In our neighborhood everyone's house's got installed smart meter. Now we have to get prepaid electricity. Its bad for us but good for country's economy :(
If we biharis have now had installed this thing I think every other states had also.
@Thunder Boom smart meter is like prepaid meter . recharge karwao toh bijli use kro .ni karwoage toh no bijli
But GP didn't explain much about the low ratio of Debt vs GSDP for Bihar, I am interested to know if we are lacking because of low revenues or do we also have these blood sucking schemes
@@vaishnavik5289 Bihar (115b )don't have high GDP same with Punjab(70b) . Amount wise it's much Lower than that of Maharashtra or karnatak .few industries would remove all debt of Bihar .
@@vaishnavik5289 Definitely blood sucking schemes.
@@vaishnavik5289 We are lacking because of low revenues. Though we don't have blood sucking welfare schemes but there are some schemes which need regulations. Like student welfare schemes especially girl students. In the name of preventing female foeticide the government is spending a hell lot of money across the states. (I am neither supporting female foeticide nor against any support for female students)
There are many fake beneficiaries in almost every government scheme. Assuming that you are well aware of the corruption in Bihar, this is one of the biggest reasons we are lacking in terms of the said criteria. No leader has the political will to enforce law and reforms. They just keep changing parties JDU to RJD, RJD to RLD, RLD to LJP and LJP to BJP. Poor helpless people face the consequences.
And you know what Vaishnavi, NO ONE CARES.
Very clear and precise analytics appreciate it!!
Very informative.
Superb video. Many thanks for sharing 👍
The worst part is even we known we can't change
Kya hoga agr object ko space se alag- alag planets, Sun☀️, Moon🌙 pe giraya jaye. Gravitational pull of d/f planets.
1min short @SeekhLOH
czcams.com/users/shorts_DbqOUOCyME?feature=share..
This is the reason we love "Atal ji" every decision taken by him was based on nation first policy.
"Sarkaare aayegi aur jayegi desh rehna chaiye"- Atal ji
Thank you for the book recommendations. I am reading the culture code and it has changed my perspective of successful groups.
This information really shook my down.
That is why we are afraid of freebies. When kejriwal came to Gujarat and asked to people who wants free “bijli”. People said no one 😂
Same thing for Uttarakhand 🤣
Chutiya kejruuddin..Gujarat me aaya to maar khae bina vapas jaega nahi.
Bijli of ministers shouldn't be free
That's damn funny
That vedio is fabricated
Everyone said yes check the official vedio rather than bjp itcell clips
One of my junior got offended when I critisised our CM's (Chhattisgarh) decision of bringing back the old pension scheme. I tried to explain the consequences but nobody listened to me as I was not the right person to argue in this topic because I got government job before 2004. Now I can refer this video to them. But I also know that even after watching this video, there wont be any change in their point of view.
Even i think so . The best thing that i can see is not bringing govn. Job itself.
Even in armed forces pension dosn't allow us to buy weapons and all money goes to pensioners.
Well, they would not be angry if you filled a petition to move your pension into the NPS as well. Walk the talk maybe? There is a saying among Marathi folks. Shivaji should be born but not in my house. They look at you that way.
@@SolomonSunder haha nice
Mr Mohan you should surrender your pension to government and reduce it's debt or you can also ask the government to shift you from ops to nps. Will see your vision and reasons then.
@@mohanjayaraman9018 I'll welcome if government makes such policy for all -- I call BS. You know that your age group is larger in number and hence the strikes will manage themselves.
Anyways, I am not in the government sector and hence do not care. But stop preaching what you do not practice.
While NPS is a nice idea for the country's budgets. However, it is useless for the person if the rules force investment only in the Indian stock market. Not to mention, the funds can not be controlled manually. Also, while the average might beat inflation, if you need to withdraw during a downturn, you are f#kd.
Countries in Europe which implement this system like the UK, Ireland, Switzerland, Sweden have state backed social system which plugs the gap when there is a downfall in returns. However, India is trying to implement a US style, no risk for government pension scheme with fund managers making a tonne of money. I would not be surprised if this ended up on the lines of how postpaid phones went in India.
love how you top things off,such as in this instance you said "I HAVE BARELY SCRATCHED THE SURFACE" and persuaded us to read the entire document of risk analysis by RBI. Love your work,loads of success to you
Yeah
Thanks!
Instead of freebies ,UP and yogi invested in expressway ,metro and new medical colleges from its own fund. Not central government but state agencies have constructed these expressways
I know UP is not perfect,but noone is .
Initiative is necessary
😂😂
Its not up bro
I think it is foreign Direct investment
@@teja8086 I know your point is illogical but facts can't be denied
@@parthjain1496 wow man wow what a classic bullshit is this. Southern states se paisa leke UP me kaam karwa raha hai gazab.
@@writersart2488 no bro, its done by state agencies ,I know UP takes a lot of fund from central but state expressway and metro are state projects
@@Abhinav-fe3oh vo investment bhi free bies ke sath chal jayega
Funny part is that people having awareness about these vote bank politics are the only subscribers of think school. only they can handle this type of understanding. BTW thanks for your video with that amount of figures and data. Appreciate your hardwork. One of your well-wisher.
@♜telegram@thethinkschool what is debt to ratio of National? Is it below UP Punjab or above?
Yup the stupid people will continue to do be the fool of a politician and get their cheap freebies
Thank you bhaiya for the efforts you put in research for your videos!!
But now in Tamil Nadu, government cancelled the old pension scheme...also electricity is free for farmers with 100 units free for domestic use..
When did TN government cancel old pension scheme?
@@abhinav_4703 anyone who joined govt post after 2000 are not elligible for old pension scheme
Most AAP supporters start comparing Delhi when you talk about freebies and it's disastrous consequences, but they don't realise that Delhi gets huge investments and it also has some of highest tax paying citizens living there as well as huge corporate headquarters are situated there, also Delhi had huge income even before Kejriwal, so it's not like Kejriwal has made Delhi, it is capital of the nation.
Same things can't be applied in other states.
And delhi govt don't spend on police and hospitals they are taken care by the central govt. If both these expenditure bills add to delhi govt bill they will lose the title of surplus state.
Yes make sense but , let's see bcus punjab cm got married few days ago so , they say na (har kamiyab insan ka pecha ek aurat ka hath hota hai) 😅
@@AnkitKumar-oh3fg They do not have surplus either.
Many people don't know about difference between budget surplus and revenue surplus, Delhi is not budget surplus, Delhi is only revenue surplus, many other states are revenue surplus.
Also this year according to latest data, Delhi even became revenue deficit.
So Delhi is now both budget deficit and revenue deficit because of Kejriwal.
Also Delhi was in surplus even before Kejriwal.
So how did Delhi budget increased from 30 thousand crore to 60 thousand crore after kejriwal come
@@atulgautam4805 As I have already said, Delhi is capital of the nation where most of the wealthy people go to live, where most of the people setup their company.
Even without Kejriwal, the budget of Delhi would increase.
Delhi is not similar to other states because of no expense on Police and less expense on Agriculture. Half of govt hospital in delhi comes under Central Govt. Delhi have highest no of KV ( Central Govt) School per population. So they can Afford Freebies BUT same will make Punjab Sri-Lanka. Punjab is in great crisis approx 3 lakh crore debt on state , industry is leaving from punjab due to lack of Infrastructure and Khalistan Hooliganism rising.
But the real question is that whether Delhi was profitable like the same as it is now from always?
Knowing in previous their were not freebies, nor any free treatment of everything, education development
And how come the previous govt of delhi had not looked upon hospital, teaching water improvement
@@AbhishekGupta-jf6ei delhi was always profitable
Doesn't matter it can handle or not as from economics they are dangerous and would affect very hard
What you said is somewhat true but this is not complete information to explain why Delhi is not in the RBI lst
Thank you Thinkschool. Really appreciate your efforts and taking time to educate people. Thank you from bottom of my heart. 👨🏫
Well done !!
Maharashtra has outstanding overall policy which has healthy economy and population as well as constant growth
After watching your video felt proud being from Odisha. Even after spending on important welfare schemes the state has well maintained its debt vs gsdp ratio & intrest repayment.
Still there is a long way to go 😊
Yes..naveen govt is best in creating new schemes but our MLAs are illeterate goons who are hungry for money 💰..major problem is our schemes doesn't reach out to maximum people's cause local leaders and beurocrat s are corrupted as hell . I bet after naveen ji our state will face very diff phase . Revolution needed but dumb people's gonna sell their ass for 500 rupees 😌🥲 Naveen Patnaik is best ❤️
@♜telegram@thethinkschool Do not click on this. This is a bot.
lndian Rupee is on the verge of becoming toilet paper. Get your money out of lndia ASAP, before it's too late.
@@aburetik4866 Don't make any financial descision in haste, have patience whole world is facing a market turmoil.
True
Very nice video sir , appreciated
Never seen a more informative video than this. I always wondered how this people pleasing scheme works behind the scenes. Thanks
Stop giving everything for free. We employees are not your tax machines
A country where more than 96% of population earns less than 5 lacks per annum...it is important to give basic enmities for free
@@ikshasingh1550 if you think that figure is remotely accurate, you are absolutely wrong
@@Nobody-pv9jt that's hundred percent true
People having 1.2lakh anual salary are among top 10% population in India according to wage
Go study about growing hni and degrading poor people
@@zulquaratfire8973 people fake their income all the time.
@@ikshasingh1550 : where is the money for this free coming from? Why don't you earn and pay tax and use this money for freebies? Do you even understand basics of economics?
Explaining complex things in simple words ,no one can do better than you bro.Love your all content and following you since 6 months and it helped me to learn a lot .Thanks buddy ❤️
Thanks Nikhil.
Thank You Mate ❤️
Wonderfully explained...
I have a thought on our government structure.
Whoever is elected for the certain position like MLA, CM, PM etc. They will have a yearly target in their particular domain for development like making roads or improving education and other system.
If they can't finish their target then they will have to give proper reason(prove in court) and if the reasons are not good then they will get the warning and second time they will be removed from their position without the pensions and other facilities provided.
Also they should only get one time pension whichever is higest in their career.
Right
One time mla one time pension only
@@pl1102 i forgot to mention that i will edit the comment
What a shit idea . So many loopholes
@@anandrahangdale5214 yes there are loopholes and no idea is perfect in it self. you tell us some Idea if you have any as I can see you are just here to find mistakes in others ideas
Added they should also get the thing done tested, (who knows, they may make roads out of cheap material and steal (hadap) all the remaining money.
PD sir and Think school contributing a lot in gaining knowledge in all fields for the youths
Corrupt and incompetive dynasty parties is the main reason of sri lanka fall. They parked 5 billions outside country
World affairs ❤️
Prashant sir ❤️🙏
Please🙏 sanghi media can't analyse how "freebies" extend a person's expendable salary as they don't have to pay for education, healthcare, electricity and water. This Is a perfect example of politically driven opinion. Bloody sanghi MKC
But prashant dhawan sir has changed alot from last 3 months , i mean his videos are clearly supporting the ruling party (no matter , what ever they do..)
Thanks very informative 👍
Great content as always.
Proud to be Odia. All other Indians are unable to say my state's name correctly but we are not in so much debt
kn kahila ba bhaina
Xavier bhai kaise ho?
Jay Jagannath Xavier bhai 🙏🙏
Jay Jagannath Xavier Bhai
🎈🎈🎈
Andhra Pradesh is even running out of money for state govt employee salaries.. 😂😂
🇸🇱🔪🐓✝️ praise the lord 🤣🙏
😂 true
So much knowledge...need to see two three times to understand...kudos to the team....
Gajab Bhai... The graphics and explanation of the idea are so amazing, that I had to stop watching India Eng Match to first finish this up, I hope you guy stays unbiased (apolitical) in long run like this
So at this point
Tamilnadu
Karnataka
Telengana
Maharastra are the economic engines of our country
😂
😏 All stress , pressure and other is upon you
Add Gujarat , Delhi and haryana
They always will be 😏
Yeah, I am so happy my state is there!! I want it to develop and prosper more in future. 😂😂🥰😘😘
+Orissa
RBI should make a new law which restricts states to not cross 30% ratio of debt to gsdp that way the remaining 70% could go to some kind of development of the state
Law making power is with parliament , not RBI. Parliament had already made a law called FRBM which no one cares. Making law doesn't change anything, politicians and people must change 🇮🇳
I think that RBI should be given some power to take strict actions if and when required on the state policies. Currently, they cannot actually take actions. So, even though they know what's going wrong they can't do anything. We should involve more educated people in the decision making and not just the state govt leaders
Debt financing is an important tool for avoiding too much tax burden on citizens for development.... Benchmarking 30% as Debt to GDP ratio won't help... Excluding Delhi and Mumbai very few states can abide by such a norm and yet ensure development... So, please research well before suggesting naive ideas
@@haravardhan8078 Making Laws does not make a different, It should also be enforced.
@@manavukani9526 that power will be useless without people standing behind their back
This explains why Odisha currently has LOWER POVERTY RATE than Rajasthan & Chattisgarh.
1. Only state with a fiscal surplus in the country
2. Privatised DISCOMS since 1995
3. Stopped permanent Govt recruitment in Gr C&D levels in 2013
True. Odisha has done very very well.
Very well explained !
Rahul Gandhi bhi like: pata nhi aise dangerous situation me kaise aage aa jata hu. 🤣😂
Bechara CM bhi nahi hai 🤣
Kejriwal too 🤣🤣🤣
Ganesh Beautifully Crafted Video Bro 🤌💎
Keep it coming 🔥
Thank you for your wonderful efforts
Love this channel. Nice explanation.
Problem in Kerala is also same. We have 100% literacy rates. Education doesn't means we should be master in State economics. Educated guys can be talented in their own work.
But educating people about economy is very important. Till it never happens, governments will throw future generation into further debt burden. And they will ensure their relatives, friends, party guys get JOB and pensions for life time.
Keralites are so educated, that most of them run away from India to settle in Canada, Australia, Europe like countries. So burden comes to who lives here and upcoming born babies.
100% literacy has no meaning. People there have no commonsense. Inside the state they get fat salaries but don't work. During working hours they read newspapers and magazines and talk politics and do trade union works. They know their rights but don't think about the responsibilities. There is no production either agricultural or industrial, only consumption.
certain group of people in kerala shows more love towards arab countries more than india..real kerla people should understand this and keep your business away from them..
Kishore Kumar, Andh Bakth, please understand that the people who are going to gulf countries are send money back to state and not just like other people who are fled to Canada or Europe who won't come back. Gulf people retire as by starting small scale businesses in India.
@R B i love my country India more than my religion, can you tell that..😊
@R B No one goes from developed and Rich state like Haryana to Bankrupt and poor state like Kerala...
Kerala should learn something from their Papa Tamil Nadu and develop.. rather than focusing on Communist propoganda
I am a banker working in a PSU Bank for the last 6 years. Am from Bengal. Having worked with people from the grassroots level of society I can confirm that the common people of West Bengal have no idea about the problems facing the state or even have the desire to know about it. All they want are the monthly doles that the state government provides. They think taking out political processions on the streets would probably solve everything. Situation is not at all good. We are eagerly waiting for the collapse of the Mamata Banerjee government.
then why bengali didnt vote bjp mullla are on कोलकाता
@@the_inspiration_club There are three things. One the Bengali people are afraid that a BJP victory would mean a Gujrati or a person from the Hindi belt becoming the CM of Bengal, Second a BJP victory would mean end of doles, subsidies and people will be left high and dry. This is partially because over the last 40 years or so the Bengalis has been constantly told by the left front and Allies that Capitalism and business is bad. Mamata Banerjee doesn't have to answer to anyone for failing to lure investors coz people don't even think about investments!! And lastly very few people actually understand or think about the political and economic situation or the future prospects of the state.
@@trunkschillman Exactly bjp needs a cm face otherwise their chances of winning is very less, and another point is that most news papers like ananda bazar, bartaman etc and news channels are too much anti bjp, in my house we take bartaman for more than 22 years, and it has literally became a joke with it's anti bjp editorials and Selective news with twisted writings.
@@spectrum1909 BJP already has a very strong PM face who has won the elections not once but twice almost single handedly...
I have many bengali friends and have relatives in kolkata and what you said is totally true. Nearly all families in kolkata have a member that works and earn in other state...and had bengal been in independent country like sri lanka, it would've already collapsed by now.
Most of Bengal's problem really stem from mindset prevalent in Kolkata.....almost everyone is in an endless show-off competition of 'virtue signaling' and how 'concerned' they are for society...The 'Hindi-speaking ppl' are demonized by Kolkata commies as some sort of evil hive-mind ppl who are constantly planning to damage them...the Kolkata feminists are basically man-haters ..they will vote anyone who brings a new scheme that directly give money to women in their bank account.....the 'unions' are basically political entities and have stopped several initiatives. Such ppl are in other states as well..but nowhere I found such a huge concentration of Commies as in Kolkata.
Being a Sri Lankan, I'm utterly ashamed to hear the conditions in Sri Lanka referred to be "Pathetic" but, factually speaking, what this man mentions here are acceptable.
Even before the independence, socialist parties in Sri Lanka introduced the concepts of hartal, strikes and free loading to the public in which were embraced with lots of love as they are people pleasing without being considerate on the long term effects on the economy. Consequent governments since then continued this pleasing the free loading socialists as if they weren't offered, the socialists trade unions taking the public sector workers in masses to street to protest against the government and bring the flow of economy into a halt. Again, assessing the economic impact caused by these socialist trade unions through their trade Union actions are comparably way larger and heavily impactful than what ~30 years of war caused to the economy of Sri Lanka.
Even at this very crisis stricken moment, these socialist trade unions are threatening the government with strikes until their demands are met (teacher's socialists trade union lead a country wide strike in 2021 to resolve a wage issue for over 20 years, during the peak of the pandemic as they knew well that gov would do anything at such a desperate time. This causes the gov to print additional amount of money to pay them which lead the path to have an unbearable inflation in this year).
Thus, make your state gov to stick to facts not people pleasing short-term disasters.
I hope you're not affected by what's happening there
oh people here also just love freebies they removed the bjp gov from himanchal pradesh because he didnt bring back old pension scheme when it would destroy our economy
Too good video and Our finance ministries must go over your videos as a case study and must implement strategies...
Andhra pradesh is going in jet speed to become srilanka , with in no time.
No, still got lots of time.
All thanks to Jagan🤣
True
Kya hoga agr object ko space se alag- alag planets, Sun☀️, Moon🌙 pe giraya jaye. Gravitational pull of d/f planets.
1min short @SeekhLOH
czcams.com/users/shorts_DbqOUOCyME?feature=share..
Disclaimer: Sri Lanka didn't went into dept trap because it was distributing welfare schemes. The major reason was poor economic policies like ban on import of Urea, too much dependency on Tourism for Forex and GDP and Very corrupt and dynastic govt. Now we are comparing this all with Indian states giving subsidies.
This was the start
lndian Rupee is on the verge of becoming toilet paper. Get your money out of lndia ASAP, before it's too late.
There are many reasons :
Freebies, tax cut, collapsed of tourism, debts, shifting to organic farming, ban on fertilizer etc.
finally! some sense.
peoples are mad who guve reason of free schemes. but this is also fact that ounjab, west bengal are now on the way of srilanka.
So well explained
Yogi in thumbnail in kind of not right.. UP has one of the highest population among all states where many are under privileged, so it is doing great job at balancing it's spendings while at a same time making sure of investments from big companies.
Plus infrastructure development in UP is their main advantage. In long term I feel UP is more prepared for future development and changes.
Up will be the hub of India's growth in the future..
No doubt about that.....
Up is at 2nd or 3rd position as per state gdp wise data. Before yogi's govt it was not even in top 5th position. Correct me if Iam wrong.
Well u see yogi is smiling for a reason
@@Ayush-wd6li always use per capita income to compare 🙄
@@user-dr2fi2cn8c Yeah I know Up's per capita income is less but gdp wise it clearly wins because of overpopulation.
For example - India surpasses United Kingdom in terms of economy but the per capita income of UK is nearly incomparable to India, actually its a matter of shame for India... :(
Although My state Gujarat is comparatively in better financial condition, I fear it may change soon. Currently AAP is rallying and promising free electricity upto 200 units on its every advertisement. I fear many gullible people will vote due to this. I don't care if BJP or AAP comes to power, but these freebies policies have to be stopped.
I know Gujarati people very well. They are pretty smart and different from other states. They will never give vote to the party for such useless schemes. Many of them know that how state run and how freebies are not that good.
@Nishad Acharya Freebie won't get you welfare it will just crippled you. Like policies of socailism from 50s to 80s. We were bankrupt because of this welfare shit in 1990 (thanks to Manmohan Singh that we survived). Those MFS nationalised the Air India and fucked it so hard that it get beyond revitalised, but thanks to TATA at least it got sold and we can now expect that it will grow (finger crossed on it). This welfare shit is for Scandinavian countries not populous countries like us. We have seen what happened to USSR,Cuba.
@Nishad Acharya Gujarat is no1 on ease of doing business
Mostly people of Delhi love freebies policies because people from many states have gathered there and now Delhi, Rajasthan, punjab will become Sri Lanka
Delhi is one of the most efficiently run states in india. Freebies aside, they do real development. Stop malligning delhi govt just because of freebies. They dont spend lakhs on planes and cars.
Please raise alarm when delhi budget fucks up. Central govt is trying to find faults in Delhi governance but cant find any so they are trying to incite riots etc.
Come to delhi once and see the development. Huge contrast to bangalore where i currently live.
Very well explained
Well explained.
Five states, namely, BIHAR, KERALA, PUNJAB, RAJASTHAN, and WEST BENGAL, figure among the most stressed states fiscally, as per a RESERVE BANK OF INDIA article.
Sadly we can change the article to "States that need BJP asap" and all the data would be same
It's Andhra Pradesh instead of Bihar.. Bihar has 19% debt/sgdp
What About UP GUJARAT MP KARNATAKA
@@JS-qe9nb absolutely
@@Raj_Das areh bhai Dil ki baat keh di tumne
Any negative news happens
Bihar : *"permanent hu Sir"*
Beautiful presentation 👌
Very informative.. liked it.. 👏👏
I had no clue we could add a comment before the video gets aired. Now I know.. This is amazing..
Exceptional... Good insights.. Well explained.
I like your channel alots. Teaching me many things about business and geo politics that are closely related to how people in particular country living their life and earning. Keep doing your great video. Thank you.
Too much freebies are injurious to economy.Political parties play freebies politics for vote. This model is not sustainable in long run. People may trap in huge debt. Due to freebies debt per capita increase rigorously day by day.
Sbse pehle to Punjab valo ki g₹ mrayegi
Votebank is more important than country 😪
Kya hoga agr object ko space se alag- alag planets, Sun☀️, Moon🌙 pe giraya jaye. Gravitational pull of d/f planets.
1min short @SeekhLOH
czcams.com/users/shorts_DbqOUOCyME?feature=share..
The value you add to my learning by providing insightful videos is just amazing. I just want to thank you. Keep up the good work brother 🙌🙌🔥
Thank you for making these wonderful videos. I wish we had these knowledge in our schools & colleges.
Thank you so much for clearly exposing the reality
It should be made mandatory for states to get approval from RBI for any new financial policy change or something that would effect the economy of the state.
So true....these bastard politician and illiterate people (educated or uneducated) of our country are headache
Infrastructure development is always better than Freebies and Yogi Govt is doing great work in Infrastructure development of Uttar Pradesh.
Yogi cannot even look beyond religion
@@inderjitsingh4218 Yet he has made UP the state with most expressways and atleast one major infra development is taking place in every district of UP. And it's wayyy better than Fun-jab.
@@inderjitsingh4218 Is it yogi or you !?
@@devtiwari9185 + metro projects and airports. Yogi ji also control Law and order of state very properly. ✌
Bjp is doing absolutely brilliant job in Uttrakhand too..
Their infrastructural development is over the top notch the post kumbh image of haridwar - rishikesh highway is literally changed too much 💀💀with tons of new overhead bridges, flyovers and railway bridges which I think really helped in managing traffic on daily basis as most of the people cover several kms on daily basis for their jobs in sidcul. The rishikesh - chamba highway is decent enough to handle heavy traffic as the roads are much wider now. In landslide prone zones, the big supporting concrete slabs are built to counter the same.
Pov - I'm Gonna vote for bjp for the first time in the next tenure elections 💀💀
Bro your content and way of explaining is awesome, I really loved it, Keep the good work up. Great job bro.
Excellent work.. keep it up 👍!
Highest Debt to GDP ratio of various States-
1- punjab 45%
2- rajisthan. 40%
3- Bihar. 38%
4- Bengal. 37%
5- Kerala. 37%
states are rulling by anti india party...
Including up
@@kunaltiwari5425 no, it's 29 percent, similar to Tamil Nadu which is only 6% population of India and still has 6.5 lakh crore of debt, despite getting 3.3 lakh crore of expenditure.
Whereas Rajasthan, which has similar population as TN, only gets 2.4 lakh crore from government.
TN eats away money of other south states and consumes the budget for itself.
@@titfortatt-regionalist TN has more debt now because the Centre took away its revenues. There is a difference between Rajasthan which never had much revenue and TN which was forced to borrow because the revenue streams were taken away. In fact, when TN asked share of its revenue, the Finance Ministry asked it to borrow internationally. If it keeps going, then soon there will be no incentive for any state to generate revenue or jobs. They can simply point towards the Union government and wipe their hands.
@@SolomonSunder LOL how much more budget could you ask for.
TN is eating other South States budget, it's a fact.
It's 6% of population and still spending 3.3 lakh crore. Basically every 1% - 50 thousands crore. But only giving back 1.20 lakh crore.
Whereas Karnataka and Rajasthan are getting minuscule budget compared to that.
Asking for more is dumb
You ve explained in such detailed form that we dnt even need to refer the study material😉 Thank u Ganesh for simplifying this awesomely👍🏻 Your research and storytelling never fails to amaze me. Big fan
He left out lot of things 🤣
Worth a serious reflection.
Hi Ganesh. You and your team explained this issue directly on point. Would be good if you guys launch any course on economics and business management.
no words for your hardwork great work , just keep going
Kerala is heading towards big crisis
90% of state income is used for pension, interest and salaries,
economic developmental activities are very low
further they are now taking loans from kifbi
in peoples eyes they are doing very good but in reality the loans have increased from 1.6 lack cr to 3 lack cr
every single person in kerala is liable to pay 1 lakh rs each
On top of that lot of corruption in each and every sector
In future If Kerla Govt. Dint pay
Then Central Govt. Goona pay
You live in India ur luckey .
All credit goes to pinaraayi vijay .
@Sheldon Cooper why you vote commies then
Spent on terrorism too