How is printing money not inflationary? Printing money is how the current sticky inflation in US, UK and the hyperinflation in Weimar Germany were caused..
Debt is not inflationary, but in hand cash is. I think he means to print money and distribute it for low interest rates and reasonable collateral rather than for free.
Thats not what he said. He said to abolish Income tax so the common man gets more purchasing power and the actual GDP grows. Currently they have loaned the excess printed money that you are talking about to the various defaulter businessmen and thats what has caused the inflation.
Bro all the loans that are given out to people by banks are indirect Money Printing. There's no actual money or money equivalent of the loans that are given out by the bank. Bank's CRR is very less compared to amount of loans they give out
That guy helped China to escape great recession that's why China freed the way of Kailash & secondly He was the reason for the fall of the Vajpayee govt.
I had some respect for this guy but in the past few years I have observed that in a bid to gain relevance and a misplaced sense of credibility he has become a hypocrite and a self contradiction. He has become a textbook example of the Grapes are Sour syndrome.
Study Modi achievement. 1) How economy reach to 5th position? 2) Highway length in UPA is not comparable breath of multilane express way of NDA Modi Gatkari . 3) How many percent and times kasmir terrorism reduced after 370 remove? 4) How possible military defence export? 5) Counter terrorism like Uri and Balakot . Sonia Gandhi didn't did anything to Mumbai attackers. 6) How 4 marriage12 children by Muslim stop legally by UCC? 7) How will Impact on Ram Mandir in Religious tourism? And Let's add more....
Study Modi achievement. 1) How economy reach to 5th position? 2) Highway length in UPA is not comparable breath of multilane express way of NDA Modi Gatkari . 3) How many percent and times kasmir terrorism reduced after 370 remove? 4) How possible military defence export? 5) Counter terrorism like Uri and Balakot . Sonia Gandhi didn't did anything to Mumbai attackers. 6) How 4 marriage12 children by Muslim stop legally by UCC? 7) How will Impact on Ram Mandir in Religious tourism? And Let's add more....
because he is not a puppet and can suddenly turn on those that try to control him. that's the main reason. a lot of dubious individuals are given plum positions in politics.
Swamy wants his finger in the pie.. Even though he is 84 yr old... He is trying hard to remain relevant.... He should take rest, rather than destroying his own legacy like this...
He thinks all of us are fools, he thinks he is without beard Osho Rajneesh, a man who spoke truth but mixed it with lies. You must give it to Swamy, he has mastered the art of narcissism from the American elites. There are wonderful stories of the New York elites capture very well by Stanley Kubrick in his Tom cruise starred movie "Eyes Wide Shut". I don't desire to be narcissist or be impressed by one or consider his version of reality as Gospel, rather be on path with Gurdjieff, Nisargdutt Maharaja and Ramana Maharishi. Simple birth was good enough for me and if I get simple death it will be sufficient.
@@Khalis55555 Brother Bharat will be most happy to see that Truth we are waiting. There is only one Hindu country in the whole world and no one wants to see it's rise. Wow.
imf and world bank also calculate gdp rate if what india is telling is false then the internation institute should have a different growth rate for india . don't tell me they are also wrong only you are correct
add to that we had a record sale of cars and biks and also other product like phone and other product i don't know that this guy is on about if there is no supply how are company which are producing growing if our calculation is wrong how is our share market growing?(indicating growth of companies)
The fun part about data is it can be easily manipulated. IMF matches few parameters for GDP calculation and in country like India those figures can be easily manipulated 😅
This man is brutally honest, our country will be in a Great Depression, danm that might come true. Ultimately the current government is not taking criticism, we learn the minute we listen to criticism, absolutely not all types of criticism but at the least when we know that there is something going wrong.
Interesting conversation. I am mixed on this. I do understand what he means by generating more demand, abolish income tax, etc. But I find it hard to believe that India has been fudging growth rate from 4% to 8% and IMF / World Bank has not maligned India's name for fudging numbers. It is in the national interest of the US to keep a lid on India and IMF / World Bank are heavily influenced by the US. So everyone is being fooled by India and only Swamy here can calculate the right numbers? I find that highly questionable.
He's genuinely happy and content within himself because his dignity is intact. Don't mistake his outspokenness for jealousy or bitterness - he's just stating what he knows to be the truth. Let's have a Harvard professor as a PM for a change - He will take India to the next level and blow everyone's mind.
He used it as an example dr.Andhbhakt.( focusing more on supply side ,eg-producing more n more cars beyond their demand ultimately they will become inventory without demand) feel pity for your senses.
He is useful for oral history of old issues because he was an insider and he observed from inside. He knows who did what, why and when? He should write more books of the events he witnessed.
Study Modi achievement. 1) How economy reach to 5th position? 2) Highway length in UPA is not comparable breath of multilane express way of NDA Modi Gatkari . 3) How many percent and times kasmir terrorism reduced after 370 remove? 4) How possible military defence export? 5) Counter terrorism like Uri and Balakot . Sonia Gandhi didn't did anything to Mumbai attackers. 6) How 4 marriage12 children by Muslim stop legally by UCC? 7) How will Impact on Ram Mandir in Religious tourism? And Let's add more....
Credit seeker, and failed politician ask him 3) why he ditched Bajpayee, ask him during the time when he was commerce minister what was indian economy's situation ? Why did the supreme court ask.him.to.move away from.Ram mandir case. Anyone Supporting him, should do research about him Properly, you will.know about him
Very few people have the courage to speak the truth...and have access to the real data which most Indians are denied. Everyone should listen to this conversation and serious pay attention.
He wants to abolish income tax to enhace demand side of economy and then also wants people to keep extra money in banks at 9% ... I'm not an economist but can anyone explain this how this works
The point about Income tax had me ...he is right about this one , with high income tax and sur charge and GST The service class is caught in the web , work harder, greater salary, greater taxes no ultimate gain...
Beyond abolish income tax, never fulfilled demand for FM , seeking credit for PV ruling nothing has changed.. one who joined Sonia jaya to collapse vajapay in 98 will never be trusted by Modi . Seeking credit for Ram Mandir , article 370 is his old habit
So according to Mr. Swami, it costs nothing to build roads and Mr. Gadkari is using usual method of pay later to those contractors and they are making record number of roads EVERYDAY even after not getting the payments 😂😂😂😂😂
He is talking about cash flow. Anyone in business will tell you that cashflow in business is a bigger problem than profit and loss. Mr. Gadkari himself has said pretty much the same thing. He will pay 2% extra, but only after the completion of the job. This is called suppliers' credit.
@@T3Rmin4LCuRi0siTy What are you talking about ? I have to regularly travel using the highways because my job requires me to do so. The experience so far has been extremely good, including during the rainy season. The toll allows for the road maintenance. The free roads, made by the local municipal corporations / state governments are in fact terrible.
@@T3Rmin4LCuRi0siTy Ok, from the second last trip, here are the highways I covered (from Bengaluru to Bhubaneswar): 1. NH648 2. NH75 3. NH69 4. NH140 5. NH55 6. NH716 7. NH71 8. NH16 9. NH57 10. NH655 11. NH55 (absolutely terrible, under construction)
Double taxation is highly brutal to the growth of law-abiding citizens.More over large amounts earned in agriculture is exempted but even small taxable amounts earned in business is taxed,which is discriminatory and equality before law provided by the Indian Constitution is violated.And also when Govt is levying Tax on expenditure by way of GST&CST etc,tax on income may be waived off.While Govt is doleing free-bees under the guise of welfare-state , from the amounts collected through taxes, the Govt must atleast think of reducing the tax burden.🇮🇳
True. Nobody is suffering..only those simple educated middle class people especially general.class who want a simple life ..because they don't know how to bear the cost of living, education for children
This discussion needs economic background host to counter and have proper discussion, not saying swamy is wrong or anything, but discussion would be quite interesting if proposed radical changes be properly vetted through counter questions.
He's right about Party's internal democracy. Although what he says about economy is puzzling, interest rates are high to contain inflation how is concerned about both, how does he say he'd decrease rates but still contain inflation, that doesn't make sense.
All other interviews, comment section is full with praises. The moment someone does a bit of criticism can't handle it at all. Insecurity at it's peak.
Good for people who pay income tax. But that amount of personal income tax collection is around 12.01 lakh crores. That funding has to be secured via other means, to avoid impact to programs this money is being spent on.
As a Muslim and an open mind., if there’s a potential and deserving politician in BJP it’s this guy., after Atal ji., I hope we can see him as a president of BJP.,
I respect Swami ji, most of time he tell clear everything sometime exaggerate but he is clear without fear. He deserves the FM post which was gave to different people.
According to the Income Tax Department, the number of returns filed rose to a new record of 8.18 crore for AY24 (till December 31, 2023), showing a growth of more than 9 per cent as against 7.51 crore returns filed in the previous year. Source is live mint. the question is that how does 8.18% of total Indian population get income tax relief can create a demand which can change the whole industry and be a stable economy.
Swami ji is confused or contradictory in his own words Keeping money in bank as bank will give more interest so that people save more and reduce income tax to zero so that people's spent more. Arey bhai kahna kya chahtey ho.
@AkashYadav-br9sm I don't know much about bank but surly economy grows when people spend there money,not when people keep money in bank and we want development like europe and UK but don't want to pay taxes while we know that how much huge income tax people pay in developed counties.
if income tax is abolished then people will get room to both spend and save, 1st priority of people is always to save after basic needs. One income tax goes away, people could channel that money to saving and the previous saving money could go into spending
If income tax is bad for economy then why every developed country taking loads of income tax, Americas bank are way larger than India, American earn 30 times more than Indian, so why don’t they put there money in the bank and stop paying income tax, he makes no sense in comparison with reality
Dude do u know the interest rate if you put in a US bank, he told about not having Income tax and deposit that in bank for 9% returns almost equivalent to s&p 500 yoy
Wow, what a downfall for someone who used to be an anti-corruption crusader and icon to someone who is a mere opportunist and turncoat like Uddhav Thackeray who just cares about position/ego and not ideology.
On one hand Swamy ji says that Modi ji will henceforth become like Hitler, and then he also says that India under this Modi will become like the US for 30s. I mean his words contradicts himself. Btw, keeping Nazism aside, Germany saw its biggest economic, military, industrial and scientific growth under the rule of Hitler. So Swamy ji should clearly make up his mind as to which one of this would be true then?
@AkashYadav-br9sm No, you seem to be not getting my question. How can a statement be correct for two polar outcomes? I have provided the adequate logics to it. Therefore, what Swamy ji says here contradicts that logical basis.
@dPten what kind of logic is that ? So if hitlers time had good economic growth in 40s Germany , does it it mean everyone who behaves like hitler will have good economic growth ?
@@shravp769 Well, that could be an assumption just like Swamy ji made so many academic assumptions. I just made a hypothesis based on available facts, where either of them can be true and not both. I’m therefore interested to have some more clarity on this matter from Swamy ji. Btw you are factually incorrect on one thing, Germany saw that economic, military, industrial and scientific growth in the 30s and not in the 40s.
Yes, it is my opinion also... Should abolish direct tax like income tax.. rather take a minimum tax for transaction like 5 paisa... But nobody cares of this real fix. Economically we should think about it seriously. It is not politics.
Only no direct tax..as it is mostly squizzed from the middle class...the farmer, the poor, the rich don't pay their share. The indirect taxation is actually almost double the direct tax. Also the 9% interest by bank is not paid through taxes, it paid through charging interest for loans by the bank.
The present system of selective application of Income Tax only on certain people is definitely flawed but if Income Tax is abolished, won't we see a drastic increase in prices from too much demand?
@@48DileepI do pay taxes, so the taxpayers should be treated as culprits and punished by government without any Social security? And I'm a service holder, not even a business baron or likes of them
Study Modi achievement. 1) How economy reach to 5th position? 2) Highway length in UPA is not comparable breath of multilane express way of NDA Modi Gatkari . 3) How many percent and times kasmir terrorism reduced after 370 remove? 4) How possible military defence export? 5) Counter terrorism like Uri and Balakot . Sonia Gandhi didn't did anything to Mumbai attackers. 6) How 4 marriage12 children by Muslim stop legally by UCC? 7) How will Impact on Ram Mandir in Religious tourism? And Let's add more....
True. Based on last year prices, growth rate is 8.4%. If 2014(10 years) as base year it is 7.2%. More concerning is consumption rate is low at 3.6%. It implies not all business segments are thriving. Reasons could be many, but I think employment growths are very low. At least on IT, there are too many people graduating with poor employability skills. Some can move with additional training & certificate programs,but many will compete for other jobs with graduate & non-graduate seekers. If India fixes the education systemic issues & pushes stimulants for employment creation in both public & private sectors, gdp can grow at double digits.
Well it's true that Abolition of direct tax will lead to job creation ,demand , manufacturing but there's a consequence if the spending power increase the demand increase, Liquidity in economy will increase leads to inflation, then the pressure will come to the indirect tax then food prices will grow at high rate and the poor will suffer from it . CORRECT ME IF I AM WRONG
cutting taxes increase saving and investment..this leads to suplus production ans reduction in prices and leads to deflation which increses in purchasing power...dont beleive waht this guy saying indian puduction and demand both are crimped by high taxes... as no one wants to invest to pay 43% tax later as individuals who run MSMEs and no one wants to buy a car to pay 50% GST/Road tax adn no one can afford to put petrol by paying 100% tax on it ....... Printing money is inflation and modi has printed tons of money and created inflation and handed it to his cories adani adn gave it out as hikes to gov employees and failed PSUs....
The present high inflation is some what contributed by printing of notes . Can you give the number of notes printed during demonetisation and number of notes now in circulation.
How is printing money not inflationary? Printing money is how the current sticky inflation in US, UK and the hyperinflation in Weimar Germany were caused..
If you think out of the singular Monetarist viewpoint, likely you will learn better about economics.
Debt is not inflationary, but in hand cash is. I think he means to print money and distribute it for low interest rates and reasonable collateral rather than for free.
Thats not what he said. He said to abolish Income tax so the common man gets more purchasing power and the actual GDP grows. Currently they have loaned the excess printed money that you are talking about to the various defaulter businessmen and thats what has caused the inflation.
Bro all the loans that are given out to people by banks are indirect Money Printing. There's no actual money or money equivalent of the loans that are given out by the bank. Bank's CRR is very less compared to amount of loans they give out
It depends on how much is printed and whom it is given to. Thoughtfully managed, it need not be inflationary.
This guy was advisor of the rajpakshe in sl and look at sl right now
That is enough to say , why he was not made finance minister even in Chandra Shekhar govt let alone Vajpayee and modi govt.
That guy helped China to escape great recession that's why China freed the way of Kailash & secondly He was the reason for the fall of the Vajpayee govt.
@@pratikpathak749 nothing like that he helped china from great recession.
Advisor? Who said that to you? He is good friend of rajpakshe
Mr. Swamy is bang correct on mitigating income tax. This has been a huge problem for middle class people
I had some respect for this guy but in the past few years I have observed that in a bid to gain relevance and a misplaced sense of credibility he has become a hypocrite and a self contradiction. He has become a textbook example of the Grapes are Sour syndrome.
You got it!!! Jealous is eating his gut!! Why does he not go after The horrible Congress!!
Because they are same!!
Bullshit...you are attacking him on a personal front...but whatever he has said is right on the professional front.
Same can and should be said about you.
Hundred percent. He has become an educated xxx
Jab tak pro bjp tha tab takk tum uska support krte the, jabse usne support band kr diya tabse ulta bolte ho
Dr. Subramanian Swamy is getting desperate of not getting Finance Minister, better he should enjoy being a Senior Citizen, it is a retirement time
He won't and Modi judged him correctly. Unfortunately Mr Swamy is not a team player and is too full of himself!
Swami exposed all scams of Congress earlier so his intentions and motives r good for the Nation.
U don't know Swami. He is great critics.
S Swami exposed all scams of Congress earlier so his motive and intentions r good for the nation.
Study Modi achievement.
1) How economy reach to 5th position?
2) Highway length in UPA is not comparable breath of multilane express way of NDA Modi Gatkari .
3) How many percent and times kasmir terrorism reduced after 370 remove?
4) How possible military defence export?
5) Counter terrorism like Uri and Balakot . Sonia Gandhi didn't did anything to Mumbai attackers.
6) How 4 marriage12 children by Muslim stop legally by UCC?
7) How will Impact on Ram Mandir in Religious tourism? And Let's add more....
The Kapil Sharma show. Sir you are a great COMEDIAN!!
As he respect Nitin Gadkeri, he did not want to call him toll plaza minister
He is been sidelined due to his past and his choices 😅
Study Modi achievement.
1) How economy reach to 5th position?
2) Highway length in UPA is not comparable breath of multilane express way of NDA Modi Gatkari .
3) How many percent and times kasmir terrorism reduced after 370 remove?
4) How possible military defence export?
5) Counter terrorism like Uri and Balakot . Sonia Gandhi didn't did anything to Mumbai attackers.
6) How 4 marriage12 children by Muslim stop legally by UCC?
7) How will Impact on Ram Mandir in Religious tourism? And Let's add more....
U got the facts from what's up university.
because he is not a puppet and can suddenly turn on those that try to control him. that's the main reason. a lot of dubious individuals are given plum positions in politics.
Wow !!He is a Gem!! Talk sense!! He IS a political threat!!!
Dr subramanya swamy...political threat....not a spineless yesss man....transformed bankruptcy of foreign exchange.....😊
According to subramanian swamy imf,world bank and all big finance houses publishing india's gdp growth are wrong and he is right😂
he is just a jealous man
Indeed for those who study and understand economics
ignorance is never the answer my friend.
Probably he finds himself more intelligent than everyone
Come and check in field,nobody have money and he is right
Swamy wants his finger in the pie.. Even though he is 84 yr old... He is trying hard to remain relevant.... He should take rest, rather than destroying his own legacy like this...
He thinks all of us are fools, he thinks he is without beard Osho Rajneesh, a man who spoke truth but mixed it with lies. You must give it to Swamy, he has mastered the art of narcissism from the American elites. There are wonderful stories of the New York elites capture very well by Stanley Kubrick in his Tom cruise starred movie "Eyes Wide Shut". I don't desire to be narcissist or be impressed by one or consider his version of reality as Gospel, rather be on path with Gurdjieff, Nisargdutt Maharaja and Ramana Maharishi. Simple birth was good enough for me and if I get simple death it will be sufficient.
Brother, wait for sometime we all will know the truth.
@@Khalis55555
Brother Bharat will be most happy to see that Truth we are waiting. There is only one Hindu country in the whole world and no one wants to see it's rise. Wow.
@@Jai.Shri.Ram.22.Jan.24. Indians dont want to be part of a hindu pakistan.
@@Khalis55555 Dear brother... We already know the truth.... Every kind of truth... Suggest you to read 'GOD-AN ANATOMY' by Francesca Stavracoupulu...
3:34 WE SHOULD SAVE THIS POSCAST LIKE THAT RAGHURAM RAJAN'S PREDICTION 😂😂
imf and world bank also calculate gdp rate if what india is telling is false then the internation institute should have a different growth rate for india . don't tell me they are also wrong only you are correct
add to that we had a record sale of cars and biks and also other product like phone and other product i don't know that this guy is on about if there is no supply how are company which are producing growing if our calculation is wrong how is our share market growing?(indicating growth of companies)
This was the thought I had as well. If anything, IMF and world bank would be the first one to expose India's fudging of numbers.
They don't independently collect data. They use what the Indian govt gives them
The fun part about data is it can be easily manipulated. IMF matches few parameters for GDP calculation and in country like India those figures can be easily manipulated 😅
@@soumyajitchaudhuri1777 How u know that
Swami is the old version of Rahul Gandhi. His Frustration is quit evident. 😅
Sour grapes 🍇😞...
He should be more concerned about Harvard's ranking...
Harvard top 5 universities
You must be concerned about your ranking
@@bikashbeck455 ????
@@SK-jp3hq exams?? Studies
This man is brutally honest, our country will be in a Great Depression, danm that might come true. Ultimately the current government is not taking criticism, we learn the minute we listen to criticism, absolutely not all types of criticism but at the least when we know that there is something going wrong.
He is a truth seeker and light worker ! Namaste ! 🙏🏻🙏🏻🙏🏻
Interesting conversation. I am mixed on this. I do understand what he means by generating more demand, abolish income tax, etc. But I find it hard to believe that India has been fudging growth rate from 4% to 8% and IMF / World Bank has not maligned India's name for fudging numbers. It is in the national interest of the US to keep a lid on India and IMF / World Bank are heavily influenced by the US. So everyone is being fooled by India and only Swamy here can calculate the right numbers? I find that highly questionable.
Questionable? He doesn't tell lie
@@bikashbeck455 Something that cannot be proved one way or another.
IMF AND world bank is controled by US read the book economic hitman. World bank and IMF is a mafia and do not have access to indian data
i am a big fan of mr. swamy.. cheer up you are abselutly right sir.
Very true said
He is right about the suffering of upper middle class.. Country's innovation is from this band and govt is sucking more from this class..
Government has not appreciated the ways to enhance Demand. Swamy is real Economist.
He's genuinely happy and content within himself because his dignity is intact. Don't mistake his outspokenness for jealousy or bitterness - he's just stating what he knows to be the truth. Let's have a Harvard professor as a PM for a change - He will take India to the next level and blow everyone's mind.
Ranveer please bring back this comedian back for part 2.
4:15 Nobody is buying cars? Then how come car manufacturers like Tata Motors and Maruti Suzuki are showing healthy increased sales figures?
EMI 😂 they are lending it to you till you clear the loans u haven't brought it😂
The fun part about data is it can be easily manipulated without raising much concerns 😅
it was a metaphor meant to explain low demand high supply
He used it as an example dr.Andhbhakt.( focusing more on supply side ,eg-producing more n more cars beyond their demand ultimately they will become inventory without demand) feel pity for your senses.
That is a joke. Number of vehicles have gone up significantly
He talk has rational behind! Courageous Man!!!
A True Patriot!
Swamy should be grateful that Modi took him into BJP and made him a rajyasabha MP 😂 swamy will not be getting even his daughter's vote in election.
@AkashYadav-br9sm no see his past statements in 90s .
You will get to know
@AkashYadav-br9smthen Modi? 😂 what is his achievement?
@@jaigagandeep.s5100 YES I CAN SEE MANIPUR GOVERNNANCE WELL WHRE PM IS NOT GOING TO
@@jaigagandeep.s5100 Whats 90's he is not a badhua mazdoor to have party instructions accepted as own opinion.
I see people have just lost their perspective with Modi. It's all modi or anti National
We have never heard Dr. Swami speaking so candidly
He always wanted to be the finance minister.
Thank God Modi Save This Nation From these kind of a People...
Satya Meva Jayate, Truth Alone Triumphs, Jai Hind
He is useful for oral history of old issues because he was an insider and he observed from inside. He knows who did what, why and when?
He should write more books of the events he witnessed.
Bohot badia, person who can speak who can truth
A gem of indian politics but i don't understand why modi and saha were avoiding him!!!!
Study Modi achievement.
1) How economy reach to 5th position?
2) Highway length in UPA is not comparable breath of multilane express way of NDA Modi Gatkari .
3) How many percent and times kasmir terrorism reduced after 370 remove?
4) How possible military defence export?
5) Counter terrorism like Uri and Balakot . Sonia Gandhi didn't did anything to Mumbai attackers.
6) How 4 marriage12 children by Muslim stop legally by UCC?
7) How will Impact on Ram Mandir in Religious tourism? And Let's add more....
Credit seeker, and failed politician ask him 3) why he ditched Bajpayee, ask him during the time when he was commerce minister what was indian economy's situation ? Why did the supreme court ask.him.to.move away from.Ram mandir case. Anyone Supporting him, should do research about him Properly, you will.know about him
Many valuable points for the growth of Bharath.
True. Income-tax is a big problematic thing in India
Sl me kya hua tha bhul gye ?
Very good
Good one
Excellent!!
Very few people have the courage to speak the truth...and have access to the real data which most Indians are denied. Everyone should listen to this conversation and serious pay attention.
He wants to abolish income tax to enhace demand side of economy and then also wants people to keep extra money in banks at 9% ... I'm not an economist but can anyone explain this how this works
Respect for swamy ji for revealing truth🙌
I respect Subramanya Swamy for his honest opinions on many things.
Demand supply... Market forces....no demand
Love this guy
He is better opposition to Modi Govt. Than the opposition.
He is truthful
The point about Income tax had me ...he is right about this one , with high income tax and sur charge and GST The service class is caught in the web , work harder, greater salary, greater taxes no ultimate gain...
Great influencer ❤❤no doubt in every debate show
Subramaniam is very intelligent
Very nice video 📹 👍 👌
Happiness through curiosity ❌
happiness through controversy ✔
Beyond abolish income tax, never fulfilled demand for FM , seeking credit for PV ruling nothing has changed.. one who joined Sonia jaya to collapse vajapay in 98 will never be trusted by Modi . Seeking credit for Ram Mandir , article 370 is his old habit
I agree with Mr. Swami on income Tax
Such an intellectual swami ji is 🙂
4:44 abolishing income tax for the middle class would be the most crucial step!
Love Mr. Swamy ❤. Really admire atalji era's politicians.
He is right....
So according to Mr. Swami, it costs nothing to build roads and Mr. Gadkari is using usual method of pay later to those contractors and they are making record number of roads EVERYDAY even after not getting the payments 😂😂😂😂😂
He is talking about cash flow. Anyone in business will tell you that cashflow in business is a bigger problem than profit and loss. Mr. Gadkari himself has said pretty much the same thing. He will pay 2% extra, but only after the completion of the job. This is called suppliers' credit.
They are making bad roads which will break in a years time. Nothing new in Bharat. Also these roads are just a way to collect toll.
@@T3Rmin4LCuRi0siTy What are you talking about ? I have to regularly travel using the highways because my job requires me to do so. The experience so far has been extremely good, including during the rainy season.
The toll allows for the road maintenance. The free roads, made by the local municipal corporations / state governments are in fact terrible.
@@arindamghatak tell me the name of the highway. Let's find out who made it and when.
@@T3Rmin4LCuRi0siTy Ok, from the second last trip, here are the highways I covered (from Bengaluru to Bhubaneswar):
1. NH648
2. NH75
3. NH69
4. NH140
5. NH55
6. NH716
7. NH71
8. NH16
9. NH57
10. NH655
11. NH55 (absolutely terrible, under construction)
Dr ❤ subramanya ❤swamy❤rocks
We salute you sir,
Very true
Double taxation is highly brutal to the growth of law-abiding citizens.More over large amounts earned in agriculture is exempted but even small taxable amounts earned in business is taxed,which is discriminatory and equality before law provided by the Indian Constitution is violated.And also when Govt is levying Tax on expenditure by way of GST&CST etc,tax on income may be waived off.While Govt is doleing free-bees under the guise of welfare-state , from the amounts collected through taxes, the Govt must atleast think of reducing the tax burden.🇮🇳
True.
Nobody is suffering..only those simple educated middle class people especially general.class who want a simple life ..because they don't know how to bear the cost of living, education for children
This guy is telling the Truth 💯👍
This discussion needs economic background host to counter and have proper discussion, not saying swamy is wrong or anything, but discussion would be quite interesting if proposed radical changes be properly vetted through counter questions.
Please pay heed to him everyone. He's right on many points!
He's right about Party's internal democracy.
Although what he says about economy is puzzling, interest rates are high to contain inflation how is concerned about both, how does he say he'd decrease rates but still contain inflation, that doesn't make sense.
We love SS .But Modi is on ground legend
Washing powder legend?
@dravidian667 😂😂
XD nice one @@dravidian667
All other interviews, comment section is full with praises.
The moment someone does a bit of criticism can't handle it at all. Insecurity at it's peak.
Can't believe he was Rajya Sabha MP by BJP's support.
He is right on direct taxes... we have enough indirect tax
Good for people who pay income tax. But that amount of personal income tax collection is around 12.01 lakh crores. That funding has to be secured via other means, to avoid impact to programs this money is being spent on.
As a Muslim and an open mind., if there’s a potential and deserving politician in BJP it’s this guy., after Atal ji., I hope we can see him as a president of BJP.,
I respect Swami ji, most of time he tell clear everything sometime exaggerate but he is clear without fear. He deserves the FM post which was gave to different people.
According to the Income Tax Department, the number of returns filed rose to a new record of 8.18 crore for AY24 (till December 31, 2023), showing a growth of more than 9 per cent as against 7.51 crore returns filed in the previous year. Source is live mint. the question is that how does 8.18% of total Indian population get income tax relief can create a demand which can change the whole industry and be a stable economy.
Swami ji is confused or contradictory in his own words
Keeping money in bank as bank will give more interest so that people save more and reduce income tax to zero so that people's spent more.
Arey bhai kahna kya chahtey ho.
@AkashYadav-br9sm I don't know much about bank but surly economy grows when people spend there money,not when people keep money in bank and we want development like europe and UK but don't want to pay taxes while we know that how much huge income tax people pay in developed counties.
Tumheim economics likhna aata hai ?
Modi bhakt
if income tax is abolished then people will get room to both spend and save, 1st priority of people is always to save after basic needs. One income tax goes away, people could channel that money to saving and the previous saving money could go into spending
Good content ranveer
Atlast someone speaks out about the struggle of muddle class though our country is in a much better state
Mr. Swamy is sharp, needs a lot of processing on what he said.
We need teachers like him to speak the reality
Income tax should be abolished
If income tax is bad for economy then why every developed country taking loads of income tax, Americas bank are way larger than India, American earn 30 times more than Indian, so why don’t they put there money in the bank and stop paying income tax, he makes no sense in comparison with reality
You are comparing with petro dollar US? You must learn economics first
Dude do u know the interest rate if you put in a US bank, he told about not having Income tax and deposit that in bank for 9% returns almost equivalent to s&p 500 yoy
SS overtime has become an unguided missile. Unfortunately his future looks bleak
Wow, what a downfall for someone who used to be an anti-corruption crusader and icon to someone who is a mere opportunist and turncoat like Uddhav Thackeray who just cares about position/ego and not ideology.
This is what many reporters and tv anchors were saying before they were bought off or silenced.
On one hand Swamy ji says that Modi ji will henceforth become like Hitler, and then he also says that India under this Modi will become like the US for 30s. I mean his words contradicts himself. Btw, keeping Nazism aside, Germany saw its biggest economic, military, industrial and scientific growth under the rule of Hitler. So Swamy ji should clearly make up his mind as to which one of this would be true then?
@AkashYadav-br9sm No, you seem to be not getting my question. How can a statement be correct for two polar outcomes? I have provided the adequate logics to it. Therefore, what Swamy ji says here contradicts that logical basis.
@dPten what kind of logic is that ? So if hitlers time had good economic growth in 40s Germany , does it it mean everyone who behaves like hitler will have good economic growth ?
@@shravp769 Well, that could be an assumption just like Swamy ji made so many academic assumptions. I just made a hypothesis based on available facts, where either of them can be true and not both. I’m therefore interested to have some more clarity on this matter from Swamy ji. Btw you are factually incorrect on one thing, Germany saw that economic, military, industrial and scientific growth in the 30s and not in the 40s.
Was that growth under hitler. bogus!! 😅😅Go in Past and check!!
Democracy isn't the only way to make a country prosperous.
How do you choose a guest
What are the parameters
Whoever is free and available
Yes, it is my opinion also... Should abolish direct tax like income tax.. rather take a minimum tax for transaction like 5 paisa... But nobody cares of this real fix. Economically we should think about it seriously. It is not politics.
No tax and paying 9% to the person who puts his/her money into the bank.. wow , I'm parallel world I guess ..
Only no direct tax..as it is mostly squizzed from the middle class...the farmer, the poor, the rich don't pay their share. The indirect taxation is actually almost double the direct tax. Also the 9% interest by bank is not paid through taxes, it paid through charging interest for loans by the bank.
Bro, get Shazia Ilmi to your show! The youth of India especially the so called “liberals” needs to hear her.
The present system of selective application of Income Tax only on certain people is definitely flawed but if Income Tax is abolished, won't we see a drastic increase in prices from too much demand?
it will stabilise in some years as supply catches up due to such liberal reforms
Who is this guy!!!! The only guy to have spoken about the 5% Indians who pay most of the tax. Thank God.
Modi himself has said only 1% of 140 cr pays incometax
@@48DileepI do pay taxes, so the taxpayers should be treated as culprits and punished by government without any Social security? And I'm a service holder, not even a business baron or likes of them
Study Modi achievement.
1) How economy reach to 5th position?
2) Highway length in UPA is not comparable breath of multilane express way of NDA Modi Gatkari .
3) How many percent and times kasmir terrorism reduced after 370 remove?
4) How possible military defence export?
5) Counter terrorism like Uri and Balakot . Sonia Gandhi didn't did anything to Mumbai attackers.
6) How 4 marriage12 children by Muslim stop legally by UCC?
7) How will Impact on Ram Mandir in Religious tourism? And Let's add more....
You always evaluate prices based on last year's prices, can't do it 4 years or 10 years back. That's not how GDP growth per year is calculated.
have u ever heard about nominal gdp and real gdp, pls read
True. Based on last year prices, growth rate is 8.4%. If 2014(10 years) as base year it is 7.2%.
More concerning is consumption rate is low at 3.6%. It implies not all business segments are thriving. Reasons could be many, but I think employment growths are very low. At least on IT, there are too many people graduating with poor employability skills. Some can move with additional training & certificate programs,but many will compete for other jobs with graduate & non-graduate seekers.
If India fixes the education systemic issues & pushes stimulants for employment creation in both public & private sectors, gdp can grow at double digits.
Please abolish Income Tax
10:22 of course, his heart is at peace! He knows inwardly. 🤣🤣
I can see Ranveer's hesitancy 😂
I think you should do the next podcast with him in hindi as well. So that the older population can also understand .
The only thing i appreciate about swamy is his proposal of abolishing income tax
Well it's true that Abolition of direct tax will lead to job creation ,demand , manufacturing but there's a consequence if the spending power increase the demand increase, Liquidity in economy will increase leads to inflation, then the pressure will come to the indirect tax then food prices will grow at high rate and the poor will suffer from it .
CORRECT ME IF I AM WRONG
cutting taxes increase saving and investment..this leads to suplus production ans reduction in prices and leads to deflation which increses in purchasing power...dont beleive waht this guy saying indian puduction and demand both are crimped by high taxes... as no one wants to invest to pay 43% tax later as individuals who run MSMEs and no one wants to buy a car to pay 50% GST/Road tax adn no one can afford to put petrol by paying 100% tax on it ....... Printing money is inflation and modi has printed tons of money and created inflation and handed it to his cories adani adn gave it out as hikes to gov employees and failed PSUs....
The present high inflation is some what contributed by printing of notes . Can you give the number of notes printed during demonetisation and number of notes now in circulation.
Sad to see clashes internally they should sort the issues 🤘🏻