30 years of Socialism (1947-1980) | Economic history of India | License Permit Raj | Modern History
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- Опубліковано 12 жов 2024
- In this video we will learn about 30 yrs of Socialism in India, Licence Permit Raj, Nehruvian Socialism, Economic history of modern India, Indian economy after independence, LPG reforms in India.
Summary of Emergency Period in India
@ 11:21 • Summary of Emergency P...
/ amitsengupta01
Great explanation!! This is how the education system will be in 10-20 years down the road!!! But you're way ahead of it already!!! Thanks for these advanced way of teaching!!!!
I hope not...it'll be a disaster.
@@prashantd6252 I mean this is how people will be learning things!
Unseen blessings will surely bestow upon you sir...God bless
Hahaha..ajeeb chutiya h ...abe shaadi krne insee🤣🤣
@@manindersinghbisht1058 such a cheap language and you want to be an Officer.. shame on you sir
@@tarunsahukari8357 you're telling me you want to be one? You see nothing wrong with OP's comment?
Honestly are you all from the same class?😂 its like bad English day or something here in this comment section and everyone's talking about "becoming officers"... whatever that means🤣
@@manindersinghbisht1058 karle inse* Tu pehle thiik se likhna siikhle troll baad mei karna😂🤦♂️
@@prashantd6252 oh you grammar nazi! What an edited comment of your's is teaching about correctness!
Stop being high on yourself buddy!😃
Could you mind continue the same post LPG reform from 1991 onwards till date, so that we can have excellent resource for last minute revision....a mere thank saying is nt at all sufficient for your efforts sir, keep continuing...👍
India began dominating the global markets till UPA-2 govt which became more Leftist-Socialist and under Modi govt that became nationalist demonetising 85% of currency and centralising inter state taxation through GST, but now after Corona economic crisis, the govt has again woken up to liberalise and privatise the economy
@@indobalkanizer6557 lol UPA1 was good but UPA2 was disastrous. Under MODI india's GDP GROWTH RATE exceeded 8% but he made a disastrous step of demonetisation.
Also if u see more than Modi Indian States have a greater role in economy.
Just see telengana. It's GDP has increased 3X in last 10 years.
Just 3 states UP, bihar, Bengal are dragging whole India down. These 3 states have whopping 33% of Indian population but are laggard in GDP and per capita growth. Indian government has failed to industrialized bimarou states like up, bihar, Bengal, assam, MP, Rajasthan. These 4,5 states are reasons for Indian poverty.
Also 1991 reforms helped just 3,4 states like maharashtra, Gujarat, tamil nadu, karnataka.
These 4,5 states also get 90% of all FDI in India.
It will be helpful for us
@@mayurkanth6987 Can you elaborate on how demonetisation was disastrous for GDP growth(asking for knowledge nd ntg much)
@@light5903 demonetisation destroyed indian MSMEs.
Msmes work on cash and demonetisation choked the supply and payment of cash.
Just check india's GDP GROWTH GRAPH u will see a constant decline from 2016 on wards.
I just played the video and didn't know when it ended. It played smoothly and I just got immersed in this video. You are great sir thank you so much.
This video is a hidden gem in you tube ...thank god I found this ... Thank you for compiling ... No book covers this topic in such a chronological manner
This presentation must took a lot of time to explain in a lucid manner. I love the way you teach🤩 May god bless you sir.
But Sir what about the video between 1857 and 1947 its so complicated to memorize such dates and events. I know u can solve this problem not of only mine but also of many students. please make a video on this topic as well sir🙏
must have taken...etc. you've made so many mistakes/errors
you really need to work on your vocabulary, grammar in general the whole damn thing first.
1857- 1947 is really highly complicated, b'coz there where different different policies in different provinces and princely states . You really have read a lot to get an insight of pre independence economy of India...no short cut for that ...
I created a whole page of dates and timeline from his 1857 video and memorized all dates. Try it. It really works
Crash Course of 1857-1947. Its been a long time, Please 🙏
Thank you sir
Dear Mr. Amith: Excellent narration of post independent economic policies until the liberalisation was introduced. But you missed a crucial economic related event (selling the nation's gold reserves for payment of crude imports because there was no reserve foreign currency available, and another brutal political assassination on 21May1991.
When we still have free food rations for poor, midday meal, MNREGA, LPG subsidy, free healthcare in government hospitals etc etc etc, I don't think we can say socalism has ended in India.
Welfare state is the vision of our constitution makers .
But in terms of Economics Socialist Economy has specific Definition when government controls what and How of the commodities. Its has ended after LPG .
As you said yes its true but every thing shall be changed slowly because indian people have been in the habit of living in a socialist economy for 70 years that is why govt is making changes slowly like privitaisng trains and stations first then may be they will do full railways may be not but yes changes are held slowly slowly under the table and moving towards capitalism.
We have innumerable people under poverty while other capitalist don't. Unless we penetrate deep into the state, complete capitalism is impossible and huge famines inevitable.
@@ScorpionKing-z8n how? Beurocracy makes everything slow asf.
Hm.... Welfare state has not been ended and it shouldn't be ... Mid day meal, LPG subsidy, food security , agriculture subsidy all are very important components , but socialism is a different thing where state owns and controls the economy. We are rapidly moving from that point , particularly in Modi's era ... I have no problem for that .But in India capitalization is more a monopoly or duopoly of few handful companies in many sectors. I dislike that aspect .
Your videos are extremely informative and precisely explained..... This kind of representation should be given at the school and college level so that...new generation can have the proper knowledge about history.
Dear Sir please cover the Modern history of India from 1885-1947 to . As usual with your effective and concise explanation through timeline it will be like a booster before UPSC20 . The way teach it's beyond words. Thanks for the video
Excellent lecture. Thank you very much,Respected Sir. Respected Sir, please, upload comprehensive lecture series on "Latest Economic Survey 2020-21" & please, keep on uploading the rest lectures on rest 4 parts of "Union Budget 2021-22" for UPSC CSE 2021 Exam Preparation.
Wow! Finally I find a channel which is extremely amazing 👀💛.
Looking forward for more informative videos from you and thanks for your precious time and efforts. 🌸
If we thank this era of internet that its making knowledge accessible to all than its due to teachers like you.
Thank you sir🙏🙏🙏🙏🙏🙏
Then*
holy shit 🤣 what is wrong with you all? It's like everyone here....is everyone in this comment section from the same class...😂🤣🤦♂️
Comprehensive and to the point perfect for upsc aspirants .. thanks to the sophisticated voice
The best encapsulation of India's economic history after independence. Thank you.
Ur videos are always informative sir i have a small request please make a 2nd video for mordern history ( from 1857 to 1947 ) sir like u made from 1600 to 1857
Sir this is The most comprehensive video that covers entire post independence area , in simplest and holistic manner which I have seen
I honestly think you can make literally anything engrossing you pour your mind into. Big Thank you ☺
India should've Industrialized from the start and embraced Capitalist and Economic reforms, We would have been developed since the 60's or 70's .
Socialism is needed for the development of the country but too much of it is poisonous. We should embrace both
@@jenkar5716 socialism just should stay in railways , bus transportation, hospitals, medicine,power . It is poked in all the industries that's why we didn't excelled in anything.
@@jenkar5716 Socialism is only needed in some sectors like Railway, Nuclear Power, Space etc... There was no need of Socialism in areas like Automobile, Accessories, Textile and their likes.
India was facing food crisis and a good deficit. If they would have industrialized from the start, a major population would have been wiped out due to famines. Plus capitalism from the start would have embraced inequalities in the worst level than they are now.
It's alright that india focused on Agriculture turned from a food deficit nation to food surplus.
@@jenkar5716 thats what we call "social democracy"
With your superb voice this lecture with full fledged explanation steal my Studyful mind and learning heart❤!!
Thanks a ton Sir🙏🙏
As always you come with a compact way of teaching.. please make a video of 1857-1947 modern history timeline.. eagerly waiting for your upload...god bless you sir..bhalo thakben 🙏
The economy was liberalised because of the pressure from the west when we needed relief package and bailouts from the financial crisis erupted due to soviet union's crash. The west laid out the terms for our bailout of which liberalisation was a part of.
yes
No matter what... A socialist governement will fail!
Only Freemarkets work. There is nothing like a Rich and abundant Socialist Country
@@user-tm8wy1hx7n rich and abundant society means unequal distribution of wealth, rather one should look towards adequate form of distribution within the society which benefits everyone irrespective of csste creed class. Free market is doing nothing but widening this gap by creating abstract freedom
@@Bhomik98 harsh truth is that inequalities will prevail. No matter what. One need to be chained to outgrow his/herself. And that is what Socialism and Communism try to do. Not letting people grow just for the sake of equality. Equality which has never been achieved. Will never be achieved.
Passing of some power from capitalists to absolute bureaucrats and dictators.
I am willing to be unequal. Just like everyone else trying to make themselves better off.
It is basic duty of every person to bear their own burden. Nobody else is responsible for them. Thats the most free society we can achieve.
Taxation is justified. That should be the upper limit of socialism. Take moderate taxes. Thats it.
@@user-tm8wy1hx7n you numbnut Communism is not about equality.
Also important to mention that the imf mainly funded by the united States gave India the loan in 1991 under the agreement to liberalize
Best way of narrating the history with a to the point approach! Best video Sir👍
Sir...I'm waiting for ur new videos daily....u r the reason to restore my interest 👍🙏
Excellent commentary please make similar commentary on LPG REFORMS for the benefits of those who are interested 👍
Best Narrator i have encountered so far... Even history sessions are also enriching as much as this.
I would love to see one for the US and Europe. People need to see how destructive socialism is. Thank you so much for sharing ❤
Sir Do videos on Ancient History and Mediaeval History
Kings and Kingdoms , So confusing Sir , modern history we can manage but Ancient and Mediaeval History is some what difficult Sir
medievel antha weightage ledu kadha bro upsc ki
@@rummy630-w3h How do you know that I know Telugu language
Because of my name you recognised that Iam a Telugu Person
@@mohanvelakapuram4877 inti peru batti and name batti kanipetayachu brother
@@mohanvelakapuram4877 If you want do watch studyship with kriti.. She really explained history well.. And I just completed my 12th and because of her I got 95 marks in history in board exams.
I hope it'll help you👍
I have lived through this socialist era. I can connect with all that you have narrated. Socialism made India backward, poor, inefficient. We are blessed to be living in the present times which is a far cry from the days of shortage of everything!
I am sharing your channel as much as possible. I am one of the 1000 subscriber of ur channel sir. U r grt sir
Hello sir.. Just becuase of you I got 96 marks in geo in class 12 boards. Thank you so much sir. Your videos really helped me a lot.❤️
Sometimes I wonder what India would look like if it was capitalist from the start of independence. Maybe if it was still protectionist on the outside but had free markets on the inside?
From inside? When? Doing business in India is still in one of the lowest rank in the world!
@@indobalkanizer6557 I mean if we had more capitalist policies from the start
Like Hong Kong
@@BinanceUSD exactly, Bombay, Calcutta, Madras and most prominently Jamshedpur were developing greatly under the British Raj just like Hong Kong
@@AvanRoyOfficial animal farm
🤩 Wow, brilliant - You have made such brain churning area to a "Grape Wine". Thanks! Great respect to your work.
Your way to teach is best . Sir could you please make few videos on Indian Polity and International Relation according UPSC level . I am preparing for UPSC with this optional but as I am not from human science background couldn't able to catch up topics . I am following so many online classes but your explanation found best .
Request you to create a video analysis of Indian economy from 1991 to present.
Thankyou a lot sir....it was a huge compilation of information made interesting in few minutes...a extraordinary skill sir...it wud have taken months to gain these concepts if one go through books and internet. Thanks a lot sir
Sir one short crisp lectre on MICRO ECONOMY & MACRO ECONOMY.. plzzz sir, u r way teaching is SUPERB... U r my TRUE GURU🙏🤗🕉... GOD BLESS U ALWys
Thnxxx for mention 1987 bofors scandal ,please make separate video on this
Sir.. Plz complete crash course of modern India after 1857
Humble request sir 🙏
Most Informative video... Sir jee please complete History party part 2
1857 to 1947 🙏
Love your timeline videos. Helps a lot. Please make a timeline video of "india after independence"
so much informative...thank u very much sir
God bless u....keep it ahead
The way u explain I just say.. It's best video ever I have watched.. Thanks
When you start liberalising the economy by nationalising 6 more banks XD
🤣
😂😂😂😂
F in the comment
Was that supposed to be a joke? Why did he mention liberalizing the economy by nationalising banks?
🤣🤣🤣
Miraculous way of teaching... Always keep it up 💪.
A correction. We did not fight any war with the East Pakistan in 1971.
We fought alongside the East Pakistanis against the West Pakistan.
An excellent presentation.
Excellent video, helps to contextualise overall economy , FYP, politics . Please continue such kinda videos. Thanks.
Thankyou so much sir for this wonderful analysis of Indian economic journey
Amazing this is the thing which i was searching, this is the perfect way of describing sth , your all videos are amazing, wonderful thank you thank you so much sir
all your* or all of your or you're amazing and all of your videos are....vocab...work on it.
Very educative. Well presented and conveyed a balanced view.
Simply outstanding. So much of information in such a short amount of time. Hats off
Please correct the concept of Nationalization of Telecom .
It was always under government control since British Raj .
PNT -postal and telegraph Department .
Winners will do the things differently
Kudos to you 🙏🙏👍
Awesome Lecture , Thank you Sir
Sir please clear our doubts about capitalism ,socialism, communism , secular country , and how it shaped india...there are lots of doubts about socialism , and communism and why socialism added to 1976 amendment? because you are the only teacher that can explain it well cause sir your videos covers tiny bit of information ..
A very educational video. Well done! Kind of scary how slowly but surely the government forced its way into so many areas of the economy. Sure, they compensated the owners, but how many of those private companies wanted to be bought out? The ones that did were probably not profitable and there's a reason why that was the case. I wonder how much of this nationalization was just a smokescreen for corruption?
That's why socialism/communism is so scary to me. I hate centralized government power. At least Capitalism gives you a chance to make a living that the government doesn't control/take from you "for society"
Hi Amit Sir,
Thanks for the noble work that you're doing.
Request you to please make a video(maybe in parts) on 1857-1947.
It's demand of almost every subscriber!!
Can you please add transcripts to your videos. It could be very helpful to many aspirants and students. Thank you and All the best for your efforts.
If you scroll through comments, you lose touch with what's important (i.e the video).
It's really gd lesson for all person who have interested to know about our country's ascending economy .thank you sir
Sir I humble request from you please make a video on modern history 1857 1947
quality video sir....very informative ...this helps us a lot to know about indian political economical , social any many more....thaxs a lot sir
Nehru mahalanobis model and Narasimha rao Manmohan Singh model were not highlighted... love ur videos god bless you sir
What an art of teaching! Great...
Nehru was in a influence of USSR and wanted India to be a Socialist nation and this five year shit ruined us . Public suffered and Indira made it worse by imposing emergency .Thanks to Manmohan singh by his efforts our economy became free .We had a very good opportunity to lead Asia but we missed thanks to Socialism , even China a Communist nation opened their economy and won the race.
this video is gold. I kept it inside my treasury liked a hard disc. Thank you, sir
Amitsen Gupta sir please make a vedio Upsc aspirants guidance
Make a vedio on
Timeline of 1991 s to 2022 indian events..for competitive exams oriented
Nicely explained. Sir, please continue from 1991 to 2020
Thank you so much sir☺ your current affairs videos and geography videos are too good and it's very helpful for me! Sir I want more modern history videos and economy scheme videos. Thank you.
Plz make playlist of post independence India
It's irritating for viewers like me to watch random videos of such topics
Like ur geography lecture series playlist is awesome
Hope next time sir will make playlist of such topics
Sir i really appreciate your effort.🙏🙏🙏
But if you could provide an INFOGRAPHIC Pdf for the respective Lectures that would really Supplement our Learning.
I like the mode of your teaching, timeline.
The video was very informative and easy to grasp. Thanks a lot sir for such a beautiful summary.
Some parties believed in copy paste policies without thinking what his country really needed. The problem is there now we need to correct those approach
hamari country ko 1947 ķe baad hi capitalism karna tha ab tk soo rhe ho😂😂.
@@adityarawat4256 atleast after Bangladesh liberation.
Thanks for making this timeline. It was hell needed.
I've read that socialist economic policies were actually being gradually implemented as early as 1936/7 as a reflection to the Soviet unions policies of the 20s...
What are your thoughts?
Hi sir ur talent and voice both are awesome ji and could u make video for India history, politics , economy... We need,its request sir...
Sir your explanation was so great .....its very easy yo understand
Mr AMIt after enjoying your Video cannot LOg off without saying a huge thank you sir..From north east India Nagaland
Sir plz make for 1857-1947 also..🙏🙏
I love the way u teach... Thank u sir.. very easy to understand...
Thank you sir nd eagerly awaiting for crash course of 1857-1947 please.......... it's my humble request
I was able to clear my state exam because of your videos... you have been helping many without expecting anything from us. Can you share your account details so that i can contribute little for your great job .. you can help many others with the small contribution..
"Agriculture was in the hands of private players", what does that mean? Please help me understand private players/govt player role in agriculture. Would love if we have separate timeline on Agriculture spanning from Mughal Period till today and way ahead. Thanks
Private players means that there was no support of government in procurement of cultivation, subsidized fertilizers & pesticides, no MSP, there was no directive of what a set of farmers grow on their field, no contingent security, no distribution of crops by PDS and etc. I hope you understood this, for more you can refer to the functions, objectives and various measures of FCI
You are doing amazing Job Sir 👍✌️🌍🌍🌍✍️
You explain very well..thanks...please make a video on types of govt in different countries
Thank you so much for your efforts sir you are helpful person for needy and poor students. This analysis very helpful for every aspirats.
Carry on sir 👏👏👏👍👍👍👌👌👍👍👏🙏🙏🙏🙏🙏🙏🙏🇮🇳🇮🇳🇮🇳🇮🇳
Sir
Your classes are very useful and effective for us
Please do medivel history for us sir
It would be must helpful for most of us 🙏
Constitution Assembly and Constitution is a Product of "India Independence Act 1947" Passed by british parliament.
best version of preparing for UPSC is here 👍
simple and lucid explanation
This tree like explanation make your videos unique among other videos in You Tube and makes listeners understanding well. Thank you...
Thank you sir for such a great explanation
Hi sir. Kindly make videos on weekly current affairs. Bcz u Hv very good way of explaining the things.
অনবদ্য প্রেজেন্টেশন।আশির দশকের আদিকালে পড়াশোনার সময় অসম্ভব পরিশ্রম করে ঠিক এরকমই সিনঅপসিস্ এবং নোটস্ তৈরী করে বিভিন্ন পরীক্ষার প্রিপ্যারেশন করেছি,বিলক্ষন মনে আছে,আজও ভুলিনি।ভিডিও'টা তাই দেখতে দেখতে ভাবছিলাম যে যদি আমাদের কালে এরকম রেডিমেড তথ্যাদি পেতাম তাহলে কত সুবিধেই না হতো।যাই হোক,১৯৬৫-১৯৬৯ সময়কালে বার্মাশেল্,নিচিমেন(শিপিং),তৎকালীন কোকা-কোলা(২০ পয়সা দামের ছোট বোতলের তীব্র ঝাঁঝালো),নেসলে ইন্টারন্যাশনালের সর্ব্বাপেক্ষা জনপ্রিয় পানীয় ওভাল্টিন ইত্যাদি অজস্র অতিবৃহদায়তন সব কর্পোরেট জায়েন্টদের দলে দলে 'মহাপ্রস্থানের ইতিহাস'-টা একটু টাচ্ করে গেলে ভালো হতো বলে মনে হয়।ঐ সময়ে কলকাতা থেকে কতশত প্রখ্যাত 'মার্চ্চেন্ট্ ফার্ম'-এর অফিস চিরতরে বিলুপ্ত হয়েছিল তা আজ ইতিহাস।ঠিক ঐ সময় থেকেই প্রকৃতপক্ষে পূর্ব্ব ভারতীয় অর্থনীতি তথা ট্রেড্,ইন্ডাস্ট্রি এবং কমার্সের চূড়ান্ততম অধঃপতনের সূচনা।আর একটা অত্যন্ত গুরুত্বপূর্ণ ইস্যু হল সে সময় শিবপুর ইঞ্জিনিয়ারিং,কলকাতা এবং যাদবপুর বিশ্ববিদ্যালয়ের অসংখ্য ব্রিলিয়ান্ট স্কলারদের ইওরোপ-আমেরিকা-কানাডার প্রথিতযশা সব বিশ্ববিদ্যালয়ে উচ্চশিক্ষার্থে পাড়ি দেওয়া,সেই ব্রেন-ড্রেনের শুরু।ধন্যবাদ।।।
Sir..
Pls make a video on the history of "congress","Janta party" &"Janata dal"....🙏
Salute to you sir. I'm studying more from your Vedios for UPSC
This is awesome. U just made my boring school history into a compressed fun pack