ALGEBRA It is clearly a case of "apples gone sour" with Mr. Yashwant Sinha, as well as Mr.Arun Shourie. I have analysed their comments, and they only give one side of the picture which means bias!
@@Devenderkamboj254 I think you have no idea about assessing an economy (especially India's), and are happy to be fed rubbish by the media and out--dated retired politicians like Yashwant Sinha. The two most important aspects which matter to people are 1)Jobs and 2) Inflation, and in both these areas Modi's BJP Govt had done far better than the 'yes-madam' Manmohan Singh' UPA: The UPA/Congress Govt in 2009 (prior to the elections) had announced that they will create 1 crore jobs (10 million jobs) every year, but failed miserably to do so during the period 2009 to 2014 with the figure not exceeding 600,000 per annum. Has Mr Chidambaram forgotten (short term memory loss or long term memory loss)? Narendra Modi in 2013 took up this job creation failure of UPA/Congress Govt as a challenge, and announced in a rally in Agra that the NDA (BJP) will strive to create 1 crore jobs (10 million) during its tenure from 2014 to 2019. One has to understand that the Employment Surveys conducted during the tenure of the UPA/Congress Govt (2009-2014) and NDA/BJP (2014 to date) does not cover job creation in Micro/Small enterprises employing less than 10 employees, as well as those working in the informal sector. On April 26, 2018, the Modi government said that 3.11 million jobs were added between September 2017 and February 2018 based on employee payroll data. Critics, however, are unwilling to buy the number. The Centre for Monitoring Indian Economy (CMIE), a research firm that tracks business and economic data, believes that only 1.8 million jobs were created in 2017. That’s only 18% of the target. However, a figure of 1.8 million jobs per annum is 3 times better than the 0.6 million jobs created by the UPA/Congress Govt in the previous tenure. Inflation The single most important parameter to gauge the performance of any economy is the headline inflation figure where the BJP has surpassed all expectations (if you have doubts, read a book on economics or speak to an economist). Thus, what is of utmost importance for the Indian Public (poor and middle class) is the headline year-on-year inflation figure (average price rise across all goods). www.inflation.eu/inflation-rates/india/historic-inflation/cpi-inflation-india.aspx BJP Government under Modi: Aug 2018: 4.7%, 2017: 4%, 2016: 2.23%, 2015: 6.32%, 2014: 5.86% Congress Government under Manmohan Singh: 2013: 9.13%, 2012: 11.17%, 2011: 6.49%, 2010: 9..47%, 2009: 14.97%, 2008: 9.70% Inflation is caused mainly by Demand-pull, where demand exceeds supply. By increasing the supply (production), BJP Govt has been able to reduce inflation. For doing so, role of private sector is of key importance, and this includes Ambanis, Tatas, Mahindras and the MNCs. The increase in supply also creates jobs, which benefits the Public.
@@Devenderkamboj254 If you can't understand the content of my comment, obviously you will find it long; which means that either you are a KID or a CONGRESS politician-- both are pappus. I work as an analyst and we don't believe in what Modi/BJP Govt or Gandhi/UPA Govt. says; OK. What we believe in are the numbers, and we cross-check each and every number. If you are happy to remain dumb, then that is your problem and not mine as well as that of multinationals who are investing in India.
@@Devenderkamboj254 You are nuts! I have made a comparison between the NDA (2014-2018) and UPA (2009-2014) Governments with job numbers as well as inflation, and yet you say it is biased. I have not made a judgement based on opinion, which you are doing by calling me a biased analyst. The conclusion I can draw is that you are also from PAPPU's party.
He is 80 years old :o In my early 20's I feel older than him.. Well spoken Sir, we need more leaders like you who just state facts, nothing but clear facts and not unecessary polarizing B.S
A great man. Concerned for the country.really every institutions of the country has destroyed.but no body has courage to say something.thnk god these wise people came out and spoke.
U need grits of steel to speak up against such a all powerful regime...... People like Yeshwant ji are not only accomplished economists but also men of strong and uncompromising character! Respect for him!
You said it right. Only disagreement is on the "power of the regime". The power originally derived from the people's mandate is now considered as dictatorial power and in states like Goa, Bihar, etc., the election mandate itself is manipulated to make back door entries. This power is not only counter democratic but also diabolic.
Respected Sinhaji, I'm a constant follower of u past 25 years, in the prevailing substandard social conditions, intellectuals like u r the need of this great Nation. V all request u to b in politics fr ever in the interest of India.
Father is opposing BJP & son is in BJP cabinet. Good circus to line their pockets. We are educated fools to listen to all these seminars like Henry Kissinger seminar in Mumbai.
Any person who is deniying the worst economy condition of India after Demonetization & GST. is simply making oneself fool & don't want to face the facts.
Salute to Mr. Sinha for speaking up so openly and fearlessly against the current govt. Mr. Sinha is an intellectual who knows what he speaks which is why he speaks with such conviction and authority. I wish he was the PM of India instead of the present uneducated fool who as Mr. Sinha rightly said only likes to watch himself.
With regard to Democracy, Demonetisation, Temples, GST, BJP, Parliament, Karnataka the statements made by Mr. Sinha are absolutely correct and order. The future will be shows of " Rehearsals". The young educated generations are here only for clapping, they never physically help to sustain Democracy, Judiciary and Parliament. Questioning and Answering became " Quiz Competition" now a days, the world laughing.
Honourable Yashwant Sinha is the J P(Jai Parkash Narain) of present time.He must lead the country at this time of economic crisis.He should also play the role to unite the opposition and ask them to give one to one fight against B J P.This is the need of the hour.
JP has formed janata party & in 77 they formed janata party govt at the center which was basically a kichidi govt as was called by Mrs Gandhi & collapsed after some time. Now, same scenario has emerged for opposition unity but this unity Will be short lived.
Shoma you are really a consummate interviewer. Your questions on comparing two eras and then recording the absence of an answer so articulately were just amazing!
Aditya Jagnani even though I don't agree with every lil thing he says, I think Subramanian swamy is an excellent leader and orator. He's still in the BJP. The "other" is awalys wrong is your thinking not mine.
First of all, what a great interview. Truly blessed. We all know demonetization was a scam but what does that even mean. Forget the objectives laid out. It was lies. We also know but won't say it, that it was a way of the Govt. of India to legalize corruption and counter Lokpal Bill. History will remember the total failure of Govt. of India (all branches), who rejected Lokpal and introduced Demons. The punishment for this will be complete and total resolution and next of kin punishment.
You can't just sideline well performing, fit, intellectual members of your party to the sidelines and put them in a void.. Yashwant Sinha, Jaswant Singh and L K Advani were all fit to be actively participating in the government in the highest position, and they have worked for it too.. but they were dumped like waste.. that is sad and shows how pathetic the party is right now.. disgusting
FEKU is destroying BJP, he is doing what PV Narsima rao did to Congress. BJP is going to loose 2019 as FEKU is not responsible, responsive, not a team player, arrogant, megalomaniac etc..
Yashwantji is definately a PM material.we desperately need someone like him who beleives in secular values,is educated n has years of experience.thank u yashwant ji for calling spade a spade.God bless.🙌🙏👏💐
Veena Bedi intellectuals dont have any place in this govt and modi recognising an intellectual as far as his IQ is concerned is impossible he betrayed Raghuram rajan arvind panagariya arvind subramaniam do you call this people inflated with ego
I totally agree with you menon. It is always a practice in this country that intellectuals are not honoured but illiterates, orators, and criminal are honoured and because these are our rulers...
when leader like Yeshwant Sinha , authority on economics criticised on note bandi, yet BJP coterie Justify it. what to say ? Who was that wise man who suggested note bandi?
Well said sir. Your's is good advise Indian serious voters ' what to hear, where to go, way to think, advance to feel, and rightly react!. All yours Bharat. Good luck. Well be in the corner.
Wait a minute! Wasn't that a faux pas? The fact that Mr Yashwant Sinha has a son who is a Minister in the Government but he (Mr Yashwant Sinha) is still speaking out "definitely adds to the authenticity of those who would suspect why he is speaking out?" ???????
L Gopalakrishnan Well.. His son is not getting the ticket next year from Hazaribag... BJP has been very clear on that.. Yadunath Pandey will be given the ticket instead of his son.
GST is one of the most radical tax reforms implemented by the Modi Govt, and there is no doubt about that - this has been acknowledged by the World Bank and the IMF (Christine Lagard). The old regime of Local sales tax and Central Sales tax lacked transparency, as a result of which the States in India were able to camouflage their expenditure, thereby leading to overspending. GST will put a stop to that. I am surprised as to why Mr. Yashwant Sinha does not want to talk about the advantages of having GST (Goods and Services Tax, which a fixed rate tax similar to VAT (Value Added Tax) in the West; and that such a tax programme cannot be implemented in one go, and instead has to be implemented in a phased manner depending upon the category of the goods being taxed.
Demonetisation by Modi will be remembered in the history of Indian economy as an ill-advised, absurd and a ridiculous decision taken by a person who completely lacks the know-how of economics. It was a highly haphazard move without applying head and heart. Forget about difficulties phased by the general public, deaths of more than 100 people, closer of a large number of industries and business and further rise of unemployment. Just evaluate the quantum of salaries and wages paid to employees of the entire Banking industry, who remained busy for almost two months with the deposit and exchange of old Rs.500 and 1000 currency notes and above all loss to the Banks, as there was practically no banking. Besides the cost of printing of new 500 and 2000 rupees new notes. Above all the cost of carrying the new and the old notes all over the country. All such expenses caused to the national exchequer around Rs. three to four lac crores.
What a pity that moderator was so poor in her knowledge about policy making and economy, she seemed more interested in getting sound bites most tv channels in India (and rest of the world) are interested in. Mr. Sinha made some good points like increasing government expenditure and reducing taxes to increase aggregate expenditure but his comments on an international agency coming up with job numbers 3 years later is simply laughable. Modi's supporters will make the same argument. India has not had a long term economic policy, even today our policy is short-term despite tall claims from our PM. And fact of the matter is that demonetization was a botched up administrative effort that undermined independence of central bank and is going to effect money market for years to come. All of Modi's grand scheme like skill India, Make in India were in fact are the things needed for long term growth but those failed miserably in their first year itself. Like Mr. Sinha, Mr. Modi got some good advice but Modi is not someone that can actually do the work. He can only do PR.
Aakib Hasani Probably because he was opposed to the dynastic rule of the Gandhis in the opposition. And i agree with him. Rahul Gandhi should just quit. He's just not made for politics.
It is clearly a case of "apples gone sour" with Mr. Yashwant Sinha, as well as Mr.Arun Shourie. I have analysed their comments, and they only give one side of the picture which means bias!
Yashwant Sinha.. he is a bureaucrat!! People do not realise that he is an extremely able man!! IAS and IFS of the first order!! these are very hard exams to pass!! Modi should be respectful of talented people! Politics is just not about campaigning!! Jaitley is a failed politician!!
Need to commend Yashwant Sinha on what he said on housing. I was one of beneficiary in 2005 of tax concessions. I was 25 then. My father had at 42. how much more can figures match to what he said. There were many more like me from my generation. Dr Manmohan was not much different in this area to what Sinha said. However I must say they should have controlled inflation in real estate much better. Spiraling growth and demand lead to this. 2ndly he has very much razor sharp sense of critique humour. Got whistles on one occasion.
Sreeni D, you must be kidding. He is a turncoat and cannot be trusted. For the most part it seems he was towing Shoma's line of thinking, which is questionable in present times.
Mr.Yashwant Singh cannot ignore the fact that India is among the most favoured FDI destinations and the annual FDI inflows to the country is expected to rise to around USD 75 billion over the next five years, says a UBS report of April 2018. The main objective of FDI is that the foreign investment is capital intensive in nature, which means that it will remain in the host country for a long period of time. Countries receiving inward investment gain in a number of ways, including: An increase in GDP, initially through the FDI itself, but this will be followed by a positive multiplier effect on the receiving economy so that the final increase in national income is greater than the initial injection of FDI. The creation of jobs. An increase in productive capacity, which can be illustrated by a shift to the right in the Aggregate Supply (AS) or the Production Possibility Frontier (PPF). Producers have access to the latest technology from abroad. Less need to import because goods are produced in the domestic economy. The positive effect on the country’s capital account - FDI represents an inflow (credit) on the capital account. FDI is a way of compensating for the lack of domestic investment, and can help 'kick-start' the process of economic development.
In the spirit of Chatham House Rules for public speaking with a view to encourage openness and the sharing of information without disclosing the source of information, it is important to point out that Mr.Yashwant Sinha does not have any educational qualifications in Economics and Finance, and instead he has a Master's degree in Political Science (1958) followed by 24 years as an IAS officer (Bihar Cadre). The fact is that Mr Sinha was appointed as the Finance Minister in 1998 by AB Vajpayee without having any appropriate credentials for the job, and this is no different to Mr Arun Jaitley (a law graduate/lawyer) being appointed by Modi as the Finance Minster. This also means that the role of the Finance Minister in a Cabinet does not need 'financial expertise' and the role is mainly of high level policy making, cooperation and implementation overview.
Do u know what it takes to be an IAS officer? How much info a person have to gather and criticize to become an IAS?? How could someone be so negligent??
A true Maverick.......a someone who is a true leader even without the glossy ...gaudy...arse comfortable....chair of premiership of the cabinet.........in short...... Kesarya vilayati aka (naadan Mantri Shri moody) phail ho gaya!!!!!!! 😁😁😁😁😁😁😁😁😁
Agreed with Mr. Sinha on the disasters of Modi-gov's economic policies but here's a video of the same host Shoma at Algebra with Dr. Subramanian Swamy, a much more successful economist than Mr. Sinha (considering Dr. Swamy was the only one who brought about 9% growth rate in the country through PM Manmohan) ua-cam.com/video/wG6tOx-R4J4/v-deo.html Swamy, unlike Mr. Sinha or others, presents a sound economic policy to reverse the current damage and go into high growth progress, explains how demonetization was a brilliant idea with horrible execution and how it could have been executed effectively, etc. And provides many more remarkable ideas & facts... 27:00 Swamy's arguments against the rubbish "Fascist" branding of the gov by media 41:00 Swamy on the actual ideas of Hindutva of the gov, as opposed to the trash that media likes to portray Hindutva as.
In politics mental balance is very very important entity, which this lady and many garbage turned politicians do not have, just knowledge of text books and degrees is not enough , needs popularity and recognition of masses .
Hi Speaker Ryan and thank you for the July wishes. Yes wec do know God is the older word for Good and f couse we understand our for fathers trust in Good and its older smaller version of this same idea Goodness Good and Godness or simpe god pronounced as avodcado instead of food. And we know its realy our founding Fathers who wrote our founding documents not God but in recognitions of God we wrote on our Money "In God (or Good) we trust" and why? Because the onbservations and definitions that make those two words are so rue and so important that when we have a few persons who defined and word associated these two words that these people and whose thought to be as or related with these words become so very powerful, even if stealing the word associations, that when we write on our money "in God we trust" as We the people trusting God, then we through trust help guide who the people are that are related with the creation and associations of this word God. and thats pretty danged important stuff you know? Happy July 5th everybody, In thanks to the speker of the house and all of you, in God we trust :-) others pay at the door LOL just Joe King there, Tee Hee, Greg G.
Mr. Yashwant Sinha should debate with an economist who have differing views to convince public. The Govt. is performing well in comparison to immediate past Govt. The Govt. is scam free. It's performance in many sectors like infrastructure I.e. road, power, railway etc. has been very good. Economy in totality is doing well. External Affairs have been managed properly. The impact of Govt.'s policy in all areas will be visible in due course of time. On the other hand we have all tainted leaders / dwarf leaders in the opposition. Hence we do not find any alternative to Modi. Modi is selfless, patriotic, incorruptible and visionary. People will therefore vote for BJP for the sake of Modi.
The lady is asking some speculative, perception based and forming questions to get some praise out of Yashwant Sinha for the present govt. But he handles it so well, that's experience. Tells like it is.
Inspite of voting for bjp in 2014 and waiting for nearly 2 years to see effects of demonetisation, now i can safely conclude it was a failure. It did nothing except for causing pain and suffering for poor.It proved to be a completely useless initiative.
I love you Mr. Yashwant Sinha. Facts make an argument and debate. He does it in style.
Glad you like the interview
ALGEBRA It is clearly a case of "apples gone sour" with Mr. Yashwant Sinha, as well as Mr.Arun Shourie. I have analysed their comments, and they only give one side of the picture which means bias!
@@Devenderkamboj254 I think you have no idea about assessing an economy (especially India's), and are happy to be fed rubbish by the media and out--dated retired politicians like Yashwant Sinha. The two most important aspects which matter to people are 1)Jobs and 2) Inflation, and in both these areas Modi's BJP Govt had done far better than the 'yes-madam' Manmohan Singh' UPA:
The UPA/Congress Govt in 2009 (prior to the elections) had announced that they will create 1 crore jobs (10 million jobs) every year, but failed miserably to do so during the period 2009 to 2014 with the figure not exceeding 600,000 per annum. Has Mr Chidambaram forgotten (short term memory loss or long term memory loss)? Narendra Modi in 2013 took up this job creation failure of UPA/Congress Govt as a challenge, and announced in a rally in Agra that the NDA (BJP) will strive to create 1 crore jobs (10 million) during its tenure from 2014 to 2019. One has to understand that the Employment Surveys conducted during the tenure of the UPA/Congress Govt (2009-2014) and NDA/BJP (2014 to date) does not cover job creation in Micro/Small enterprises employing less than 10 employees, as well as those working in the informal sector.
On April 26, 2018, the Modi government said that 3.11 million jobs were added between September 2017 and February 2018 based on employee payroll data. Critics, however, are unwilling to buy the number. The Centre for Monitoring Indian Economy (CMIE), a research firm that tracks business and economic data, believes that only 1.8 million jobs were created in 2017. That’s only 18% of the target. However, a figure of 1.8 million jobs per annum is 3 times better than the 0.6 million jobs created by the UPA/Congress Govt in the previous tenure.
Inflation
The single most important parameter to gauge the performance of any economy is the headline inflation figure where the BJP has surpassed all expectations (if you have doubts, read a book on economics or speak to an economist). Thus, what is of utmost importance for the Indian Public (poor and middle class) is the headline year-on-year inflation figure (average price rise across all goods).
www.inflation.eu/inflation-rates/india/historic-inflation/cpi-inflation-india.aspx
BJP Government under Modi:
Aug 2018: 4.7%, 2017: 4%, 2016: 2.23%, 2015: 6.32%, 2014: 5.86%
Congress Government under Manmohan Singh:
2013: 9.13%, 2012: 11.17%, 2011: 6.49%, 2010: 9..47%, 2009: 14.97%, 2008: 9.70%
Inflation is caused mainly by Demand-pull, where demand exceeds supply. By increasing the supply (production), BJP Govt has been able to reduce inflation. For doing so, role of private sector is of key importance, and this includes Ambanis, Tatas, Mahindras and the MNCs. The increase in supply also creates jobs, which benefits the Public.
@@Devenderkamboj254 If you can't understand the content of my comment, obviously you will find it long; which means that either you are a KID or a CONGRESS politician-- both are pappus.
I work as an analyst and we don't believe in what Modi/BJP Govt or Gandhi/UPA Govt. says; OK. What we believe in are the numbers, and we cross-check each and every number. If you are happy to remain dumb, then that is your problem and not mine as well as that of multinationals who are investing in India.
@@Devenderkamboj254 You are nuts! I have made a comparison between the NDA (2014-2018) and UPA (2009-2014) Governments with job numbers as well as inflation, and yet you say it is biased. I have not made a judgement based on opinion, which you are doing by calling me a biased analyst. The conclusion I can draw is that you are also from PAPPU's party.
He is 80 years old :o In my early 20's I feel older than him.. Well spoken Sir, we need more leaders like you who just state facts, nothing but clear facts and not unecessary polarizing B.S
Moin shariff don't be ignorant. You have to do your own homework.
He appreciates because of his traitorships clever gestures moin
That was one of the best introductions I have heard - covering democracy and the background of Yashwant Sinha.
We need such individuals to come together and form a third front.. we have such many people on both sides..
Sri Yeshwant Sinha is 100 percent correct, . I join him to say that I will remain a true Indian till my last breath.
A great man.
Concerned for the country.really every institutions of the country has destroyed.but no body has courage to say something.thnk god these wise people came out and spoke.
U need grits of steel to speak up against such a all powerful regime...... People like Yeshwant ji are not only accomplished economists but also men of strong and uncompromising character! Respect for him!
nitin jain is he an accomplished economist? What r his accomplishments? Any Nobel Prize? Any publications worth mentioning?
You said it right. Only disagreement is on the "power of the regime". The power originally derived from the people's mandate is now considered as dictatorial power and in states like Goa, Bihar, etc., the election mandate itself is manipulated to make back door entries. This power is not only counter democratic but also diabolic.
He is sulking nobody these days.
Respected Sinhaji, I'm a constant follower of u past 25 years, in the prevailing substandard social conditions, intellectuals like u r the need of this great Nation. V all request u to b in politics fr ever in the interest of India.
Very well said by Yashwant Sinha!!
The guy is on point ! Yes we need more of his kind to keep the democracy going on.
Deepak Chaudhry democracy is in good hands without senile people like Sinha. He is like a wounded Tiger who didn't get any berth in the cabinet.
+PORK you smell like a bhakt......no wonder you hide behind a false name.
Father is opposing BJP & son is in BJP cabinet. Good circus to line their pockets. We are educated fools to listen to all these seminars like Henry Kissinger seminar in Mumbai.
Yashwant Sinha, top man, speaks the truth.
The bugger Yshwant Sinha....Rest in Place...You got it right now. DO not forget to be silent. You are spent force.
Somebody in this country only watches himself!awesome Mr.Sinha! 👌👌👏👍
Any person who is deniying the worst economy condition of India after Demonetization & GST. is simply making oneself fool & don't want to face the facts.
rajesh kumar verma, another Cong supporter.
Veena Bedi I think you are nirav modi and vijay mallaya supporter
Veena Bedi what modi did in 4 year tell me
do not worry sir she will have the fake replies or the illusional replies which she has been living in.
Anybody notifying a mystake or a defect.. is a congressman.... ha ha ha.
Awesome talk, very enlightening and honest thoughts. We need him as our PM.
Thanks Yeshwant Sinha ji for your elegant views !!! Hope we India will revive ourselves from the current ruins of culture and economy....
Salute to Mr. Sinha for speaking up so openly and fearlessly against the current govt. Mr. Sinha is an intellectual who knows what he speaks which is why he speaks with such conviction and authority. I wish he was the PM of India instead of the present uneducated fool who as Mr. Sinha rightly said only likes to watch himself.
With regard to Democracy, Demonetisation, Temples, GST, BJP, Parliament, Karnataka the statements made by Mr. Sinha are absolutely correct and order.
The future will be shows of " Rehearsals".
The young educated generations are here only for clapping, they never physically help to sustain Democracy, Judiciary and Parliament.
Questioning and Answering became " Quiz Competition" now a days, the world laughing.
This guy is hilariously straightforward completely destroying policies of Modi government.
New interview needed with arun shourie also
Honourable Yashwant Sinha is the J P(Jai Parkash Narain) of present time.He must lead the country at this time of economic crisis.He should also play the role to unite the opposition and ask them to give one to one fight against B J P.This is the need of the hour.
JP has formed janata party & in 77 they formed janata party govt at the center which was basically a kichidi govt as was called by Mrs Gandhi & collapsed after some time. Now, same scenario has emerged for opposition unity but this unity Will be
short lived.
The Anchor is a well balanced person but the reaction of Sinha face when she said barely 4 yrs was priceless.
Erudite and Balanced ..importantly rational ..Sadly such leaders are extinct in Modis jungle raj !
@shoma
Thanks for the timely interview...
Shoma you are really a consummate interviewer. Your questions on comparing two eras and then recording the absence of an answer so articulately were just amazing!
Why can't be both formulas collected by using RTI and compare both formals for calculating GDP
well said Sir salute to you
My God, the man knows how to talk!
Because he knows, he was in the hot seat for a long enough time.
Nidhi Shah you wouldn’t say that if we was still in BJP 😂
Aditya Jagnani even though I don't agree with every lil thing he says, I think Subramanian swamy is an excellent leader and orator. He's still in the BJP. The "other" is awalys wrong is your thinking not mine.
He was an IAS officer and FM too...
Gujratis have intellectual resources in abundance.
First of all, what a great interview. Truly blessed.
We all know demonetization was a scam but what does that even mean. Forget the objectives laid out. It was lies.
We also know but won't say it, that it was a way of the Govt. of India to legalize corruption and counter Lokpal Bill.
History will remember the total failure of Govt. of India (all branches), who rejected Lokpal and introduced Demons.
The punishment for this will be complete and total resolution and next of kin punishment.
The last answer of him is very true. We should focus on issues. People coming to power should not be our focus.
Wow Sir ! I have always sacrificed the certainty of the present for the uncertainty of the future!
You can't just sideline well performing, fit, intellectual members of your party to the sidelines and put them in a void.. Yashwant Sinha, Jaswant Singh and L K Advani were all fit to be actively participating in the government in the highest position, and they have worked for it too.. but they were dumped like waste.. that is sad and shows how pathetic the party is right now.. disgusting
FEKU is destroying BJP, he is doing what PV Narsima rao did to Congress. BJP is going to loose 2019 as FEKU is not responsible, responsive, not a team player, arrogant, megalomaniac etc..
Mogudu Ur Modi is the best.
Yup, we need atal ji
Yashwantji is definately a PM material.we desperately need someone like him who beleives in secular values,is educated n has years of experience.thank u yashwant ji for calling spade a spade.God bless.🙌🙏👏💐
Gulistan Den why did you vote for the BJP?
what sinha g said is true and accurate. hhahha that mock the somebody in this country watches himself was awesome and true.
He has no place in modi's bjp because he is highly intellectual and modi is a harebrained orator
achuth menon, Sinha is an inflated ego person who thinks he can solve all problems. Glad Modi recognised him
Veena Bedi BJP IT cell
Veena Bedi intellectuals dont have any place in this govt and modi recognising an intellectual as far as his IQ is concerned is impossible he betrayed Raghuram rajan arvind panagariya arvind subramaniam do you call this people inflated with ego
I totally agree with you menon. It is always a practice in this country that intellectuals are not honoured but illiterates, orators, and criminal are honoured and because these are our rulers...
achuth menon
I second you Sir
when leader like Yeshwant Sinha , authority on economics criticised on note bandi, yet BJP coterie Justify it. what to say ? Who was that wise man who suggested note bandi?
ISSUES ARE THE ISSUES!!
yashwant sinha ji outstanding
"...as- long as my heart beats, it shall beat only for India." - let all our hearts beat as one for the glory of our country.
I have sacrificed the present for the uncertainty of tomorrow. Wow what a great statement.
Well said sir. Your's is good advise Indian serious voters ' what to hear, where to go, way to think, advance to feel, and rightly react!. All yours Bharat. Good luck. Well be in the corner.
Great man yaswant sir
Sir u should answer that cobra post 136 question.
Would you please clear your throat at 0:30 ? Thank you!
very much appreciate about your sense and predictions... thanks to guide Mr Yashwant Sinha
Modi left Mr. Sinha out, because modi thought that it will not be possible to direct him. That is the biggest drawback of modi's proudy nature.
Yashwant Sinha is no doubt is apt and honestly straight forward. But don't expect the current BJP to respect his views.
Wait a minute! Wasn't that a faux pas? The fact that Mr Yashwant Sinha has a son who is a Minister in the Government but he (Mr Yashwant Sinha) is still speaking out "definitely adds to the authenticity of those who would suspect why he is speaking out?" ???????
L Gopalakrishnan Well.. His son is not getting the ticket next year from Hazaribag... BJP has been very clear on that.. Yadunath Pandey will be given the ticket instead of his son.
What a leader! what an interview with concrete facts!
GST is one of the most radical tax reforms implemented by the Modi Govt, and there is no doubt about that - this has been acknowledged by the World Bank and the IMF (Christine Lagard). The old regime of Local sales tax and Central Sales tax lacked transparency, as a result of which the States in India were able to camouflage their expenditure, thereby leading to overspending. GST will put a stop to that.
I am surprised as to why Mr. Yashwant Sinha does not want to talk about the advantages of having GST (Goods and Services Tax, which a fixed rate tax similar to VAT (Value Added Tax) in the West; and that such a tax programme cannot be implemented in one go, and instead has to be implemented in a phased manner depending upon the category of the goods being taxed.
Demonetisation by Modi will be remembered in the history of Indian economy as an ill-advised, absurd and a ridiculous decision taken by a person who completely lacks the know-how of economics. It was a highly haphazard move without applying head and heart. Forget about difficulties phased by the general public, deaths of more than 100 people, closer of a large number of industries and business and further rise of unemployment.
Just evaluate the quantum of salaries and wages paid to employees of the entire Banking industry, who remained busy for almost two months with the deposit and exchange of old Rs.500 and 1000 currency notes and above all loss to the Banks, as there was practically no banking. Besides the cost of printing of new 500 and 2000 rupees new notes. Above all the cost of carrying the new and the old notes all over the country. All such expenses caused to the national exchequer around Rs. three to four lac crores.
All said. This country hasn't seen a single terror attack on the Indian soil ( less Kashmir) since 2014 .
What a pity that moderator was so poor in her knowledge about policy making and economy, she seemed more interested in getting sound bites most tv channels in India (and rest of the world) are interested in. Mr. Sinha made some good points like increasing government expenditure and reducing taxes to increase aggregate expenditure but his comments on an international agency coming up with job numbers 3 years later is simply laughable. Modi's supporters will make the same argument. India has not had a long term economic policy, even today our policy is short-term despite tall claims from our PM. And fact of the matter is that demonetization was a botched up administrative effort that undermined independence of central bank and is going to effect money market for years to come. All of Modi's grand scheme like skill India, Make in India were in fact are the things needed for long term growth but those failed miserably in their first year itself. Like Mr. Sinha, Mr. Modi got some good advice but Modi is not someone that can actually do the work. He can only do PR.
excellent speech with pointed depth of economy by yashvantsinhaji
i m very much surprised every time listning to yashwant sinha how he worked with bjp so long.....
Aakib Hasani Probably because he was opposed to the dynastic rule of the Gandhis in the opposition. And i agree with him. Rahul Gandhi should just quit. He's just not made for politics.
Y he could not? I mean he was there even before modi🙂
Great man.A big salute to you.
Man Gaye sir ...salute to your conviction...
woh what prediction sir for 2019
It is clearly a case of "apples gone sour" with Mr. Yashwant Sinha, as well as Mr.Arun Shourie. I have analysed their comments, and they only give one side of the picture which means bias!
What happened to the Cobra Post
Expose?
Like what happened panama papers issue
Yashwant Sinha.. he is a bureaucrat!! People do not realise that he is an extremely able man!! IAS and IFS of the first order!! these are very hard exams to pass!! Modi should be respectful of talented people!
Politics is just not about campaigning!! Jaitley is a failed politician!!
Soma choudhary the anchor is from godi media, she says its barely 4yrs FEKU is in office. IF YOU CANT PERFORM THEN PERISH
Need to commend Yashwant Sinha on what he said on housing. I was one of beneficiary in 2005 of tax concessions. I was 25 then.
My father had at 42. how much more can figures match to what he said. There were many more like me from my generation.
Dr Manmohan was not much different in this area to what Sinha said. However I must say they should have controlled inflation in real estate much better. Spiraling growth and demand lead to this.
2ndly he has very much razor sharp sense of critique humour. Got whistles on one occasion.
💐💐💐 GREAT SINHA JI 💐💐💐
Great words sir...
Wow great speech
Can he be the PM candidate please
we need person like Yeshwant ji
sanjith shashidharan, definately not sinha is a selfish self seeking traitor
Sreeni D, you must be kidding. He is a turncoat and cannot be trusted. For the most part it seems he was towing Shoma's line of thinking, which is questionable in present times.
Mere spewing of venom in
'SinhaTalk'; and where do his audience go for a 'break'... "To charge their glass with Drinks". Mera BHARAT Mahaan!!!
.
More power to you Respected Sir
more n more respect sir... Godspeed
Mr.Yashwant Singh cannot ignore the fact that India is among the most favoured FDI destinations and the annual FDI inflows to the country is expected to rise to around USD 75 billion over the next five years, says a UBS report of April 2018. The main objective of FDI is that the foreign investment is capital intensive in nature, which means that it will remain in the host country for a long period of time. Countries receiving inward investment gain in a number of ways, including:
An increase in GDP, initially through the FDI itself, but this will be followed by a positive multiplier effect on the receiving economy so that the final increase in national income is greater than the initial injection of FDI.
The creation of jobs.
An increase in productive capacity, which can be illustrated by a shift to the right in the Aggregate Supply (AS) or the Production Possibility Frontier (PPF).
Producers have access to the latest technology from abroad.
Less need to import because goods are produced in the domestic economy.
The positive effect on the country’s capital account - FDI represents an inflow (credit) on the capital account.
FDI is a way of compensating for the lack of domestic investment, and can help 'kick-start' the process of economic development.
I doubt there is no one better in India who has the sagacity and the vision to be a better Prime Minister.
Well said Sinha G !!
Truly end of democracy? How? Statements don't have value. Validate your statement. Democratic institutions are in tact. Don't worry Mr Sinha.
There is crisis only in the minds of corrupt and anti-nationals. People of India has supported demonetization whole heartedly.
vidyad madhusudan Fuck you low IQ turd!
Salutes to Yashwant Sinha
In the spirit of Chatham House Rules for public speaking with a view to encourage openness and the sharing of information without disclosing the source of information, it is important to point out that Mr.Yashwant Sinha does not have any educational qualifications in Economics and Finance, and instead he has a Master's degree in Political Science (1958) followed by 24 years as an IAS officer (Bihar Cadre). The fact is that Mr Sinha was appointed as the Finance Minister in 1998 by AB Vajpayee without having any appropriate credentials for the job, and this is no different to Mr Arun Jaitley (a law graduate/lawyer) being appointed by Modi as the Finance Minster. This also means that the role of the Finance Minister in a Cabinet does not need 'financial expertise' and the role is mainly of high level policy making, cooperation and implementation overview.
Do u know what it takes to be an IAS officer? How much info a person have to gather and criticize to become an IAS?? How could someone be so negligent??
A true Maverick.......a someone who is a true leader even without the glossy ...gaudy...arse comfortable....chair of premiership of the cabinet.........in short......
Kesarya vilayati aka (naadan Mantri Shri moody) phail ho gaya!!!!!!! 😁😁😁😁😁😁😁😁😁
DEMONETISATION WAS A TOTAL FAILURE
MAMY POOR PEOPLE DIED
Agreed with Mr. Sinha on the disasters of Modi-gov's economic policies but here's a video of the same host Shoma at Algebra with Dr. Subramanian Swamy, a much more successful economist than Mr. Sinha (considering Dr. Swamy was the only one who brought about 9% growth rate in the country through PM Manmohan)
ua-cam.com/video/wG6tOx-R4J4/v-deo.html
Swamy, unlike Mr. Sinha or others, presents a sound economic policy to reverse the current damage and go into high growth progress, explains how demonetization was a brilliant idea with horrible execution and how it could have been executed effectively, etc. And provides many more remarkable ideas & facts...
27:00 Swamy's arguments against the rubbish "Fascist" branding of the gov by media
41:00 Swamy on the actual ideas of Hindutva of the gov, as opposed to the trash that media likes to portray Hindutva as.
In politics mental balance is very very important entity, which this lady and many garbage turned politicians do not have, just knowledge of text books and degrees is not enough , needs popularity and recognition of masses .
Nobody speaks about missing Lokpal...
Great leader Good finance minister former
The BJP should recall Mr Yashwant Sinha and he can be the face of Prime Minister
I just his heart speaks for India
correct explantion for modi he watches himself and the camera
Housing syndicate could not be made in India similar to USA which is 100% transparent we shows entire history of each property
Anchor kept blabbering, wanted to hear more from Yashwant Sinha.
We will wait for Mr. Subramaniyam Swami also come tegether with Mr. Sinha.
Hi Speaker Ryan and thank you for the July wishes. Yes wec do know God is the older word for Good and f couse we understand our for fathers trust in Good and its older smaller version of this same idea Goodness Good and Godness or simpe god pronounced as avodcado instead of food. And we know its realy our founding Fathers who wrote our founding documents not God but in recognitions of God we wrote on our Money "In God (or Good) we trust" and why? Because the onbservations and definitions that make those two words are so rue and so important that when we have a few persons who defined and word associated these two words that these people and whose thought to be as or related with these words become so very powerful, even if stealing the word associations, that when we write on our money "in God we trust" as We the people trusting God, then we through trust help guide who the people are that are related with the creation and associations of this word God. and thats pretty danged important stuff you know? Happy July 5th everybody, In thanks to the speker of the house and all of you, in God we trust :-) others pay at the door LOL just Joe King there, Tee Hee, Greg G.
Mr. Yashwant Sinha should debate with an economist who have differing views to convince public. The Govt. is performing well in comparison to immediate past Govt. The Govt. is scam free. It's performance in many sectors like infrastructure I.e. road, power, railway etc. has been very good. Economy in totality is doing well. External Affairs have been managed properly. The impact of Govt.'s policy in all areas will be visible in due course of time. On the other hand we have all tainted leaders / dwarf leaders in the opposition. Hence we do not find any alternative to Modi. Modi is selfless, patriotic, incorruptible and visionary. People will therefore vote for BJP for the sake of Modi.
He was the weakest minister in Vajpayee ministry
Absolutely correct
disgruntled dissenter..because of what?
perhaps ministerial amibitions did not get fulfilled...
issues are the issues n not the individuals.... thts for u shoma
The lady is asking some speculative, perception based and forming questions to get some praise out of Yashwant Sinha for the present govt. But he handles it so well, that's experience. Tells like it is.
Inspite of voting for bjp in 2014 and waiting for nearly 2 years to see effects of demonetisation, now i can safely conclude it was a failure. It did nothing except for causing pain and suffering for poor.It proved to be a completely useless initiative.
Better opposition then Rahul Gandhi
They had this Man and they chose Modi to head the Government.
Lady is a congress agent, observing her list of invitees and pattern of questions and before she gets response she answers just like a congress agent.
One of knowledgeable man