Your recommendation was - don't increase the Capex, increase access to credit, reduce tax so that people have more money = and see , first time in 10 years Capex decreased, acces to credit increase, tax decrease
absolutely true me jab 3 din pahle podcast dekh raha tha Budget ke 3 din pahle tab lag raha tha ki ye jo bol rahe hai suggestion achhe hai par BJP kuch nahi karegi as a BJP supporter muje bahut gussa aa raha tha ki kuch achha nahi kar rahi aur 3 din pahle ye baat kon manega ye kuch nahi hoga par budget me ye sab hua matlab ab koi achhe economist aaye hai jo ground level ki reality government ko bata rahe hai jisse kuch improvement ho paye
Prasanna sir....is one person where i dont miss..and also always curious to listen....what i understand from him is "spend the money where it is necessary which adds value to the economy and society which solves the issues on daily basis rather than spending on target basis".
Prasanna is my batchmate from ISB .. Sitting and listening this as an investment banker in the US ! This what you call teaching ! He should be teaching econ to Indians on National TV !! 📺 what genius.. thats why I consider him guruji 🎉 In bharatiya culture, the teacher doesnt go looking for a student, charging him tuition fee .. When the student is ready, the teacher shows up !!
he changed my whole mind set, on tax and borrowing done by govt. 1. "sarkar tax sar pe gun rak ke lati hai and they start treating it as free money, but if they borrow they will become more accountable". 2. the exception being for necessary things like defense. 3. tax creates a dead weight cost. 4. not all capex in good and not all revenue exp is bad.
This budget has shown that It is important that podcaster like you should get people like Dr Prasanna Tantri regularly. because this can influence policy.
Simplicity in explanation comes from depth of knowledge. Always a pleasure to listen to Professor Tantri. You inspire us sir. Thank you @Vaad for hosting this.
Kudos to vaad and arihant. I would love to have an entire podcast dedicated to urban land and real estate issues in India and how this governement has backtracked from urban land reforms and why they are important, especially from middle class pov.
The growth of the economy will happen only with basic structural reform of contract & labour law along with land acquisition. The development of the fixed income market holds the key to competitive infrastructure financing.
Prasanna Sir Nimma Tayinadu Karnataka ge vapas banni sir.. We require people like you to contribute to our state.. fix our state economy.. hope you take special intrest and do a dedicated analysis on Karnataka state and gift us with ur inputs..
Intzaar khtm!!🙏 Analysis sun ke achha lga 👌 (2 hr lg gya 😅) Itna boring hota nhii h economics jitna socha tha (due to lack of knowledge of technical terms)....sari theories chal practical nuances pr hi h. Prasanna sir 🙏 knows ki ab DOSA,FARMER lana padega inko technicality samjhane ke liye nhii to sab upr se jayega😅 Dhanyawad VAAD team🙏 Just a suggestion Arihant bhai debate podcast show bhi host kr sakte ho ...for getting more contradictory views and will add more dimensions to discussion. Try to have a RBI guy in your podcast next time 🫣😅
Pata lag raha hai li Bharat ki kyu lanka lagti hai kyuki sahi knowledge vale bande decission making mai hai nahi. Or esa nahi hai ki talent nahi hai. Best example hai ye banda. Bhut important baat boli hai storage ki problem hai. Ager govt esko address ker le to inflation kabhi hogi nahi. But chakker yahi hai ki esa karenge to bade log paisa kaise banayenge.
Prasanna sir has always been in favor of improving 80C but this budget doesn't do that and that question is missed . If 80c bracket was increased that could also be spent in infra projects
Big fan of Prof.Prasanna sir…..but sir, if interest rate will go down the rupee will fall like anything…..don’t you think sir…. US fed rate is also very high
Govt should increase expenditure in r&d and sectors indian private players are not moving in. That is to invest 1 trillion dollars in GPU, quantum, space, fission, med api manufacturing, commercial aircraft manufacturing technology. And then transfer this technology to private players with licencing fees. These technologies will make life cheaper because of deflationary pressure. Meanwhile govt should stop spending money on artificial intelligence, wind farms, ev and other nonsense unscientific projects like hyperloop... Let private players take the risk and invest.
Very good discussion. Made clarity regarding inflation trends, structural efficiency developments which will further reduce the red tape in the system. Subsequently attract private investment and our hopefully an inflow of our lost youth who migrated to other countries…. High hopes😅
here we are facing (Structural inflation) where food prices are spikes suddenly due to lack of connects that could be (storage , black marketing by middle man in mandis) OUR and GOV. focus should be tackle that problem
Excellent explanation specially on interest rate cuts by Rbi. Kindly also discuss in upcoming videos how social sector spending can be improved with more optimized budgetary allocation.
I fail to understand The natural law is more risk bring more reward Politician and businessman always take high risk hence they get higher rewards But public want they should get all the rewards without taking risks Government has removed all the risk of the farmers by giving subsidies and created fixed mandi etc .They are suppose to be businessman but they have been converted into dependent on government and traders but they are still in poor condition till now
Like in all the project reports, an acid test is applied, i.e., a presumption that there is a sudden drop in GST collection and the economy suffers because of war/ strikes/ civil disobedience/ change of weather bringing lots of destruction etc etc.
Thank you so much for clarifying that point Sir. But now you gave me new doubt. 1- You said that "Controlling Inflation means higher Unemployment." Theoretically it's logical but It's a disturbing calculation. Could you please explain why this factor is so important and how govt implements this. 2- In previous video you said that 1₹ of IT reduces aprx 2.5₹ of GDP while 1₹ of Infra CapEx multiplier is only aprx 1.5₹. Could you please explain this point, coz it is running in my mind with multiple permutation and combination. Thank you in advance.
This guy speaks more sense than some of the economic advisors of Modi govt. The fact that rich and upper middle class is leaving India is worrisome . They are leaving with money which means less jobs here + big it spenders leaving which will affect the neighborhood for sure . How much effort it takes for the govt to clean and neat footpath - just footpath as roads don't need cleaning ? I see that Dubai is planting flower plants on a daily basis on divider areas and cleaning even roads ! Manpower is cheap in India ,why can't they do it just in cities .Dubai 's 50+℅ revenue is fines and fees. Why can't govt fine people who are dirtying the public places - fine based on income or some other factor of forget fine ,make him clean entire public area as a service and give one award also as a public campaign ? Bring college/school kids to clean up - not really to clean up but as an awareness campaign to stop littering and to stare/wonder at people who are littering.
Governments have to be business friendly, and enterprenurs should be able to increase export, that alone can grow economy, instead of budget juggalary by Governments.
Loved the talk. Pls have a talk on can govt use Subvention to increase skill India. Like Banks will lend money at less interest if the Industry train students and hire them for at least 18months.for the same. This Subvention can be based on skill level and salary paid to newly trained worker.
हमने इस बार गाजर की बिजाई की थी। फसल कटाई के टाइम price ड्रॉप हो गया। हमारे गांव में cold storage नहीं है। सो, हमने उस टाइम कटाई नहीं की, सोचा जब भाव बढ़ेंगे तब फसल बेचेंगे।अब गाजर जमीन में पड़ी पड़ी बहुत ज्यादा पक गई है कि सिर्फ गाय भैंस के चारे के लिए लोग खरीद रहें है। पूरी फसल का नुकसान हो गया। लागत भी ना निकली।
And now that the people earning 4 - 6 times the average Indian income have got their tax rebates, I bet most of that money will be spent on foreign brands, education, tour, companies, products and services - Masterstroke!
A 4 trillion economy will spend outside the country, its essential. If other economies start thinking like this you can forget all exports. People will travel, buy LV Bags and import cars, thats what drives them to become more rich. In the process they will create wealth in India. If tou tax them they will do the same but in dubai.
Please cover these points next time - 1. On rbi - forex rate 2. Judiciary - being the biggest burden on economic growth. Many people avoid getting into transactions just bcs they know if they get cheated, they will be stuck in judiciary process for 20 years 3. If economic activity worldover is stagnant, how can the growth rate of india be immune to those headwinds
Your recommendation was - don't increase the Capex, increase access to credit, reduce tax so that people have more money = and see , first time in 10 years Capex decreased, acces to credit increase, tax decrease
Yes
absolutely true me jab 3 din pahle podcast dekh raha tha Budget ke 3 din pahle tab lag raha tha ki ye jo bol rahe hai suggestion achhe hai par BJP kuch nahi karegi as a BJP supporter muje bahut gussa aa raha tha ki kuch achha nahi kar rahi aur 3 din pahle ye baat kon manega ye kuch nahi hoga par budget me ye sab hua matlab ab koi achhe economist aaye hai jo ground level ki reality government ko bata rahe hai jisse kuch improvement ho paye
Pro. Prasanna Sir आपने बहुत अच्छे से समझाया, मेरी अभी तक की जिंदगी में पहली बार मुझे ऐसा लगा कि मैं भी इकोनॉमिक्स समझ सकता हूं।
Prasanna sir....is one person where i dont miss..and also always curious to listen....what i understand from him is "spend the money where it is necessary which adds value to the economy and society which solves the issues on daily basis rather than spending on target basis".
Best podcast or informative video on budget I have ever seen. Thanks Professor and Vaad for delivering this content.
Prasanna is my batchmate from ISB .. Sitting and listening this as an investment banker in the US ! This what you call teaching ! He should be teaching econ to Indians on National TV !! 📺 what genius.. thats why I consider him guruji 🎉 In bharatiya culture, the teacher doesnt go looking for a student, charging him tuition fee .. When the student is ready, the teacher shows up !!
just listens halfway, he is practical in approach and talks sense and good that he stayed back - not everyone has that luxury/mind/situations .
Arihant, you are setting benchmark of podcast. Prasanna Sir, salute
Mr Prasanna should be made economic advisor to our central govt.
Maybe. Only expert in banks and banking operations
Intelligent people can't work with BJP
😂 But government takes advice from dilip mandal..
IAS lobby doesn't let good professors get into govt
He already is a member of an gov expert committee which focuses solely on Banking. He already mentioned it in his previous podcasts.
he changed my whole mind set, on tax and borrowing done by govt.
1. "sarkar tax sar pe gun rak ke lati hai and they start treating it as free money, but if they borrow they will become more accountable".
2. the exception being for necessary things like defense.
3. tax creates a dead weight cost.
4. not all capex in good and not all revenue exp is bad.
Kudos to Vaad team for consistently putting up quality content. Thoroughly enjoyed both the episodes with Prof Saab. Please keep up the good work
This budget has shown that It is important that podcaster like you should get people like Dr Prasanna Tantri regularly. because this can influence policy.
.....wow..!!
WHAT A DOSA-YUKT PRECIOUS 💞💞💞 TALK SESSION....😊😊
{ KUDOS...BOTH OF YOU.}
Excellent Discussion!! Loved it. Looks like someone in PMO or in Finance ministry is definitely listening 😜
Simplicity in explanation comes from depth of knowledge. Always a pleasure to listen to Professor Tantri. You inspire us sir. Thank you @Vaad for hosting this.
Kudos to vaad and arihant. I would love to have an entire podcast dedicated to urban land and real estate issues in India and how this governement has backtracked from urban land reforms and why they are important, especially from middle class pov.
A privilege to listen to educators like you. Thank you for doing this for us.
I am a huge fan of prasanna sir 😊
Love for prassanna sir from Assam ❤❤❤..I am learning so much on economics from all his youtube vedios..
As always great to hear Prasanna Sir. Bring him more often on your podcast
True instead of Udaan....increase Railway Tracks....
Great person with practical experience, he is great teacher and researcher
Good thing u called him again.
Jai Bharat 🇮🇳🔥🗿📈 Good job BJP govt 👍 a great relief for middle class ❤
Why is this professor not in some economic advisory council or something, rare academic with common sense and ear and eyes to the ground!!
Because Modi just loves" Yes sir" and not intellects
Yeh professor best
Wow woww I really wanted Prasanna sir's review of the budget ❤❤❤
The growth of the economy will happen only with basic structural reform of contract & labour law along with land acquisition. The development of the fixed income market holds the key to competitive infrastructure financing.
Prasanna Sir Nimma Tayinadu Karnataka ge vapas banni sir.. We require people like you to contribute to our state.. fix our state economy.. hope you take special intrest and do a dedicated analysis on Karnataka state and gift us with ur inputs..
Intzaar khtm!!🙏
Analysis sun ke achha lga 👌
(2 hr lg gya 😅)
Itna boring hota nhii h economics jitna socha tha (due to lack of knowledge of technical terms)....sari theories chal practical nuances pr hi h.
Prasanna sir 🙏 knows ki ab DOSA,FARMER lana padega inko technicality samjhane ke liye nhii to sab upr se jayega😅
Dhanyawad VAAD team🙏
Just a suggestion Arihant bhai debate podcast show bhi host kr sakte ho ...for getting more contradictory views and will add more dimensions to discussion.
Try to have a RBI guy in your podcast next time 🫣😅
Thanks Prof. Prasanna. Very helpful.
Excellent analysis ever. Thanks
Pata lag raha hai li Bharat ki kyu lanka lagti hai kyuki sahi knowledge vale bande decission making mai hai nahi. Or esa nahi hai ki talent nahi hai. Best example hai ye banda. Bhut important baat boli hai storage ki problem hai. Ager govt esko address ker le to inflation kabhi hogi nahi. But chakker yahi hai ki esa karenge to bade log paisa kaise banayenge.
Don't worry about criticism
Excellent discussion
Best in my life time
Prasanna sir has always been in favor of improving 80C but this budget doesn't do that and that question is missed . If 80c bracket was increased that could also be spent in infra projects
It is high time India govt neee DOGE department😅 It will really solve waste expenditure and unproductive budgets !! With all due respect to Freebies😢
Conspiracy theories is correct ✅
In economic activities, nothing can be forecasted exactly , it may only be proved true, if every things remains same.
Very informative
Please bring him every 3 months time period
I think I ❤ n understanding economy now
Amazing content rich podcast.kudos
Respect for prassans sir... His videos are so informative
Excellent podcast. Lots of learning. ❤
Big fan of Prof.Prasanna sir…..but sir, if interest rate will go down the rupee will fall like anything…..don’t you think sir…. US fed rate is also very high
Govt should increase expenditure in r&d and sectors indian private players are not moving in.
That is to invest 1 trillion dollars in GPU, quantum, space, fission, med api manufacturing, commercial aircraft manufacturing technology. And then transfer this technology to private players with licencing fees.
These technologies will make life cheaper because of deflationary pressure.
Meanwhile govt should stop spending money on artificial intelligence, wind farms, ev and other nonsense unscientific projects like hyperloop... Let private players take the risk and invest.
I am Just apolwed by the Statement that Babu's in our Government not able to spend the budget allocated
Very good discussion. Made clarity regarding inflation trends, structural efficiency developments which will further reduce the red tape in the system. Subsequently attract private investment and our hopefully an inflow of our lost youth who migrated to other countries…. High hopes😅
Very simplified explanation of budget, totally loved it 👏
Plz rename the title : Budget masterclass with Dr Prasanna
Amazing podcast. In an easy way he explained things
Excellent analysis. Kudos to the professor 👏
Excellent points @prasannatantri
here we are facing (Structural inflation) where food prices are spikes suddenly due to lack of connects that could be (storage , black marketing by middle man in mandis) OUR and GOV. focus should be tackle that problem
Excellent explanation specially on interest rate cuts by Rbi.
Kindly also discuss in upcoming videos how social sector spending can be improved with more optimized budgetary allocation.
Agree that the cities are really really bad. No attention to middle class life standards
Was waiting for this
Good erudite discussion
Very good please keep this talk every three months so evey on understand the how economic works ❤
Very nice discussion on Budget which is not there in mainstream media.
Great 👍
I fail to understand
The natural law is more risk bring more reward
Politician and businessman always take high risk hence they get higher rewards
But public want they should get all the rewards without taking risks
Government has removed all the risk of the farmers by giving subsidies and created fixed mandi etc .They are suppose to be businessman but they have been converted into dependent on government and traders but they are still in poor condition till now
Investment in planning and execution of projects is need of the hour. Lot of transparency.
Like in all the project reports, an acid test is applied, i.e., a presumption that there is a sudden drop in GST collection and the economy suffers because of war/ strikes/ civil disobedience/ change of weather bringing lots of destruction etc etc.
Thanks Vaad.
Very informative
Thank you so much for clarifying that point Sir.
But now you gave me new doubt.
1- You said that "Controlling Inflation means higher Unemployment."
Theoretically it's logical but It's a disturbing calculation.
Could you please explain why this factor is so important and how govt implements this.
2- In previous video you said that 1₹ of IT reduces aprx 2.5₹ of GDP while 1₹ of Infra CapEx multiplier is only aprx 1.5₹. Could you please explain this point, coz it is running in my mind with multiple permutation and combination.
Thank you in advance.
This guy speaks more sense than some of the economic advisors of Modi govt. The fact that rich and upper middle class is leaving India is worrisome . They are leaving with money which means less jobs here + big it spenders leaving which will affect the neighborhood for sure .
How much effort it takes for the govt to clean and neat footpath - just footpath as roads don't need cleaning ?
I see that Dubai is planting flower plants on a daily basis on divider areas and cleaning even roads ! Manpower is cheap in India ,why can't they do it just in cities .Dubai 's 50+℅ revenue is fines and fees. Why can't govt fine people who are dirtying the public places - fine based on income or some other factor of forget fine ,make him clean entire public area as a service and give one award also as a public campaign ? Bring college/school kids to clean up - not really to clean up but as an awareness campaign to stop littering and to stare/wonder at people who are littering.
Superb
Governments have to be business friendly, and enterprenurs should be able to increase export, that alone can grow economy, instead of budget juggalary by Governments.
Plus increase the value of rupee in international market
Udaan and highways contribute to ease of living. Incentive to live in Tier-2&3 cities and rural areas and produce without extra investment.
Awesome podcast
Giving free ration to people and those people dont work any more, how this will effect gdp. I want to hear Prof opinion on that😅
Great podcast ..❤
Arihant and Dr. Prasanna
Wow that was a great interview.
Loved the talk. Pls have a talk on can govt use Subvention to increase skill India. Like Banks will lend money at less interest if the Industry train students and hire them for at least 18months.for the same. This Subvention can be based on skill level and salary paid to newly trained worker.
हमने इस बार गाजर की बिजाई की थी। फसल कटाई के टाइम price ड्रॉप हो गया। हमारे गांव में cold storage नहीं है। सो, हमने उस टाइम कटाई नहीं की, सोचा जब भाव बढ़ेंगे तब फसल बेचेंगे।अब गाजर जमीन में पड़ी पड़ी बहुत ज्यादा पक गई है कि सिर्फ गाय भैंस के चारे के लिए लोग खरीद रहें है। पूरी फसल का नुकसान हो गया। लागत भी ना निकली।
Arihant & team, please invite Ankit Shah for a podcast.👍
Thanks for this video
Waiting for this only
podcast working well.
RBI has reduced repo rate by 0.25%
Not good enough, they were asking for 1%
Very informative
And now that the people earning 4 - 6 times the average Indian income have got their tax rebates, I bet most of that money will be spent on foreign brands, education, tour, companies, products and services - Masterstroke!
Not merely foreign,More Bharatiya 🇮🇳 products and services will be up.Think broader way
A 4 trillion economy will spend outside the country, its essential. If other economies start thinking like this you can forget all exports. People will travel, buy LV Bags and import cars, thats what drives them to become more rich. In the process they will create wealth in India. If tou tax them they will do the same but in dubai.
great insight
Nice analysis
Very Informative
Do a podcast on role of Family Planning and Savings (Traditionalism) in Economics.
Good insightful podcast.
thank you for making this
Please cover these points next time -
1. On rbi - forex rate
2. Judiciary - being the biggest burden on economic growth. Many people avoid getting into transactions just bcs they know if they get cheated, they will be stuck in judiciary process for 20 years
3. If economic activity worldover is stagnant, how can the growth rate of india be immune to those headwinds
Amazing
👌👌👌
Commenting to increase visibility. Will later comment again after finishing the video
Great
thanks a lot for this discusiion
On what capital we are paying 12•5%of the budget? Is it foreign exchange or internal loans?
It's what government borrows by issuing bonds, it could be from RBI, Market, bonds etc
Inflation results in poll defeats, and BJP will be happy to sacrifice growth if it results in election loss.
Vandematram
Prof Prasanna Tantri is amazing. The host interrupted too much.
Please keep the format in Hindi, that makes you unique. There are already various podcasts available in the English language.
RBI has listened to you and cut interest rate 😂😂😂
*We are So Back🇮🇳🦁🔥*
QUALITY
new background looks good