What is WPI & CPI - Why prices are high despite low demand | Farmers Protest | Indian Economy UPSC

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  • Опубліковано 18 лис 2020
  • This video is on WPI (Wholesale Price Index) and CPI (Consumer Price Index) and why are prices of goods & services rising despite low demand? Why farmers are protesting? In the end you will understand the difference between WPI and CPI, how it is useful to determine who is exercising the pricing power, and Why are prices rising despite low demand.
    / amitsengupta01

КОМЕНТАРІ • 336

  • @suhassumu8456
    @suhassumu8456 3 роки тому +122

    Real God In teaching and makes everything easy to understand..!!

  • @tarak3424
    @tarak3424 3 роки тому +129

    I think the govt representatives should also watch this for better understanding.

    • @Ireal_ak
      @Ireal_ak 3 роки тому +20

      They do understand these things but POLITICIANS don't.

    • @aakashkumaryadav6273
      @aakashkumaryadav6273 3 роки тому +2

      @@Ireal_ak true that

    • @nachannachle2706
      @nachannachle2706 3 роки тому

      So true yaar. >__

    • @harshjain3122
      @harshjain3122 3 роки тому +3

      @@Ireal_ak politicians don't have much hand in all this. The real power lies in beurocracy. And man, are they fucked lmao

    • @Ireal_ak
      @Ireal_ak 3 роки тому +2

      @@harshjain3122 true but after all the final say is of politicians....

  • @bhaumiktaral9803
    @bhaumiktaral9803 3 роки тому +150

    I'm an engineering student, I'm not a civil aspirant but i come here daily to just for knowledge 🤝

    • @renumalviya
      @renumalviya 3 роки тому +2

      me too

    • @akIndia10
      @akIndia10 2 роки тому +7

      You also need English grammar lessons.

    • @lalitchauhan9421
      @lalitchauhan9421 2 роки тому +19

      @@akIndia10 and u need to eradicate ur habit to provide unsolicited opinions

    • @tusharchaddha2155
      @tusharchaddha2155 2 роки тому +11

      @@akIndia10 angrez chale gaye tum jaise gulam yahi chod gaye...

    • @HimanshuSingh-xw6qu
      @HimanshuSingh-xw6qu 2 роки тому +6

      @@akIndia10you are a perfect example of "effects of colonialism "

  • @aakashkumaryadav6273
    @aakashkumaryadav6273 3 роки тому +23

    The best explainer in the entire world. Bow down to you, Sir!

  • @salmankhandeshmukh
    @salmankhandeshmukh 3 роки тому +71

    The Best Video For The Day..
    Clearly This Video Can Be An Answer For A MAINS' Question..
    Sir It's A Request To Please Make A Full Series On Economics

  • @Viveknair7561
    @Viveknair7561 3 роки тому

    Woww.. that's amazing..how simply you describe each and every point without confusion . You got a great talent

  • @anwesh07
    @anwesh07 3 роки тому +21

    the sad thing was that ur video ended after 12:53 min I want u explain anything..... sukun lagta hai😅😅✌️

  • @srinadhreddy9920
    @srinadhreddy9920 3 роки тому +3

    Finally one constructive support towards farm bills... thanks sir

  • @harshitamalik8613
    @harshitamalik8613 3 роки тому

    The way u explains is amazing, no idhar udhar ki baat just point ki baat i love this♥️♥️

  • @arunbengalooru1609
    @arunbengalooru1609 3 роки тому +1

    Appreciate the simple way of explaining CPI&WPI.
    THANK YOU 👍

  • @rajrathore2329
    @rajrathore2329 3 роки тому +2

    Best way to explain in a simple way ...salute

  • @anilyn2247
    @anilyn2247 3 роки тому +5

    There is some magic in your voice , appreciate your efforts in creating such a wonderful content.

  • @mathemateach5831
    @mathemateach5831 3 роки тому +1

    Thanks a LOT sir, pls continue your service every day

  • @bharathisiva9061
    @bharathisiva9061 3 роки тому +4

    What a explanation with presentation 🔥... really great sir❤️

  • @lynxb8300
    @lynxb8300 3 роки тому +2

    I dont know how i tumbled on this channel but when i clear UPSC i will make sure you are known by everyone sir, since for the last some months you have listened to demands of your students/audience you have also started teaching a lot more than before, i want to make sure your Efforts pays off

  • @sharpy9201
    @sharpy9201 Рік тому +1

    I once met an indian in Slovenia, im Slovenian and i have never met such friendly and openminded person, with big respect love India from Slovenia🇸🇮🤝🇮🇳

  • @varunmangal
    @varunmangal 3 роки тому +1

    very very thanku sir today i learned something that i will use these things in my daily life and will never forget.

  • @mrcoolllllllllll
    @mrcoolllllllllll Рік тому

    Sir your videos really help a person who was sleeping earlier and turn to civil service aspirant once they start watching your videos

  • @dhruvpratapsingh4845
    @dhruvpratapsingh4845 3 роки тому +1

    this video makes understandable to non economic backround..thank u sir..

  • @akanshakadam6907
    @akanshakadam6907 Рік тому +1

    best video so far about WPI and CPI

  • @rimpizg
    @rimpizg 3 роки тому +1

    we can only thanks to you..with kind heart💚🙏

  • @c_3133
    @c_3133 3 роки тому

    The most reliable you tube channel. Sir, it would be great if you start doing newspaper analysis and explaining them.

  • @tash_178
    @tash_178 3 роки тому

    We are really delightful to get updates from you, thank you very much for your priceless efforts.
    I am very much inspired by your simplified way of teaching.
    Hope to get in touch with you for further guidance if possible.

  • @everyconceptpriya8542
    @everyconceptpriya8542 3 роки тому

    I have read this topic in 9th scert book but didn't understand. Now it is completely clear... tq very much sir🤓👌👏🙆 and thank God for this intelligent as well as kindhearted teacher.

  • @itsraahul
    @itsraahul 2 роки тому

    This is the best Explanation with real world example! Wow sir just Wow !

  • @wiggleXop
    @wiggleXop 3 роки тому

    Sir you explain everything in very lucid manner

  • @Parthainvincibledey_95
    @Parthainvincibledey_95 3 роки тому +2

    Thank u sir... Waiting for this topic today.🙂

  • @armyboyzzvlogs
    @armyboyzzvlogs 2 роки тому

    I can't explain how you teach , your way of teaching nd explaining is amazing .

  • @govindkushwaha3319
    @govindkushwaha3319 5 місяців тому

    Thankyou sir for such a best explanation .after so many videos and content finally I got understand cpi and wpi by this video only .

  • @ateesh7037
    @ateesh7037 3 роки тому

    Thank you so much sir for this beautiful awareness and kind session in very healthy manner

  • @akankshasharma943
    @akankshasharma943 3 роки тому

    Oh my god.. sir u r a blessing for us.. it was fo easy to u understand.. thankyou so much..

  • @nirajpande4295
    @nirajpande4295 3 роки тому

    Sir..U r a perfect INSPIRATION ..

  • @TheThirdEYE07
    @TheThirdEYE07 8 днів тому

    Thank You Sir for making the concept easy to understand 🙏 ❤

  • @hdhemraj
    @hdhemraj 3 роки тому

    Thanks man...
    What an explanation!!! Amazing!!!

  • @alokbasu3984
    @alokbasu3984 3 роки тому

    Thank you, sir for your excellent presentation.

  • @Soulverte
    @Soulverte 3 роки тому

    Thank U Sir
    Isi tarah regular video laate rahiye...

  • @sunnybinni4799
    @sunnybinni4799 3 роки тому +2

    Sir u always surprise me with your astonishing content quality....🙏🙏👏👏👏

  • @abhimanyusingh7035
    @abhimanyusingh7035 3 роки тому

    yes sir i found this video extremely informative that satisfied the students aspects! Thankyou sir

  • @nupurmahato4236
    @nupurmahato4236 3 роки тому

    Although i know these basic economic concepts I wanted to listen Amit sir way of explaning!

  • @tmr.mohsin8020
    @tmr.mohsin8020 3 роки тому +1

    Amit g plz make full series on economy (upsc). Ur concepts are much clear than so called tutors on diff platforms...only money minting .
    Better to go for basic economy topics

  • @pushparanitirkey1941
    @pushparanitirkey1941 3 роки тому +1

    I like your teachings so much sir really I will become an ias officer by watching your videos thank you so much sir God bless you

  • @vikasrathoreibpspo8510
    @vikasrathoreibpspo8510 3 роки тому +20

    So basically it is okay if the prices are rising but we need to make sure that our income also increase so that our purchasing power doesn't decrease .

    • @nachannachle2706
      @nachannachle2706 3 роки тому

      Or you can also reduce your consumption and stop buying non-essentials.
      All in all, the effect is the same: the economy slows down because money doesn't circulate as fast from buyers to sellers to farmers. >__

    • @amritraj3946
      @amritraj3946 2 роки тому

      That's correct. But it still will have an impact on inflation. With increased income, the consumer will want to purchase more, and the demand will rise, resulting in demand-pull inflation.

  • @Yourstudycentre1
    @Yourstudycentre1 3 роки тому

    This UA-cam channel will rule UA-cam upsc knowledge civil society

  • @ekindian5204
    @ekindian5204 3 роки тому

    Thank you..Sir..🙏🙏,all doubts cleared once and all..

  • @wobamongullie7091
    @wobamongullie7091 3 роки тому

    Thanks you sir for uploading such video and contents love for North east ...Nagaland.

  • @popeyefitness9032
    @popeyefitness9032 3 роки тому

    Please keep updating Sir...very informative❤️❤️❤️

  • @mjayanna5263
    @mjayanna5263 3 роки тому +4

    Thank you sir 👍, very nice and well helpful this video.

  • @parth2977
    @parth2977 3 роки тому +1

    Superb!
    Keep explaining complexities.

  • @manofactiont
    @manofactiont 2 роки тому

    Amit you are great man.

  • @NitishKumar-bz6cr
    @NitishKumar-bz6cr 3 роки тому +1

    You are a great teacher🙏🙏🙏

  • @ramsandal9171
    @ramsandal9171 3 роки тому

    WELL EXPLAINED THANK U DEAR AMIT

  • @jasodabeniwal1652
    @jasodabeniwal1652 3 роки тому +1

    Keep it up sir ....outstanding videos with valuable knowledge ✌

  • @nisha3694
    @nisha3694 Рік тому

    You taught amazingly I understood everything

  • @DB-nl9xw
    @DB-nl9xw 3 роки тому +1

    Love your channel. I always learn something.

  • @rakeshgupta-zx5fr
    @rakeshgupta-zx5fr 3 роки тому

    Thank you sir your video is so helpful to us u explain the topic in very simple way

  • @rupeshbhogapurapu8443
    @rupeshbhogapurapu8443 3 роки тому

    Your explanation will make me to excited more towards learn New things sir

  • @nitishranjan9349
    @nitishranjan9349 3 роки тому +39

    Sir Plzzz... If u have time u can go with Daily Hindu Analysis as well... It will emence helpful for UPSC Asspirants as well.

    • @knuckleheadninja2307
      @knuckleheadninja2307 3 роки тому +6

      You can always watch byju's analysis, I've been following them for an year now and I love it

    • @akankshyapattanayak4158
      @akankshyapattanayak4158 3 роки тому +3

      You may watch '' The exams made Simple 's Daily The Hindu Analysis ... You must love it ..

  • @kishoremj2214
    @kishoremj2214 3 роки тому

    Good knowledge sharing. Crystal clear explanation boss❤️

  • @sathyamoorthy1325
    @sathyamoorthy1325 3 роки тому +1

    Amazing sir. Thanks a lot sir

  • @veeru4006
    @veeru4006 3 роки тому +1

    Very informative and neatly , effectively explained.

  • @shaikshekshavalli4085
    @shaikshekshavalli4085 3 роки тому

    Thankyou sir . Ur explanation is very understandable sir

  • @debabratakundu9602
    @debabratakundu9602 3 роки тому +1

    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. .🙏🙏🙏🙏🙏🙏

  • @vivekanand8035
    @vivekanand8035 2 роки тому

    wow...thank you sir❤️🙏🙏😇

  • @avaneeshbisht5309
    @avaneeshbisht5309 2 роки тому

    Thanks Sir for knowledge on CPI n WPI🙏🙏🙏🙏🌹🌹💕💕💕

  • @revengerite1240
    @revengerite1240 3 роки тому

    Such a wonderful way to explain ☺️

  • @nothingspecial1000
    @nothingspecial1000 3 роки тому

    Sir your voice and presentation is awesome... Whatever you teach , studyiq is selling same concepts in there courses. ❤️

  • @samimparvez2553
    @samimparvez2553 3 роки тому

    True gem sir u are!!

  • @gowthamkarthik1722
    @gowthamkarthik1722 11 місяців тому

    It's very clear thank u sir.....❤

  • @basappakuligod23
    @basappakuligod23 3 роки тому

    Superb, thank you sir.

  • @Risingrits
    @Risingrits 3 роки тому

    Gratitude sir🙏🙏🙏🙏

  • @narendrakumarpanakala1609
    @narendrakumarpanakala1609 3 роки тому

    Super sir you are saying 100% correct

  • @user-dt4sf1ww9c
    @user-dt4sf1ww9c 3 роки тому +10

    Whenever I feel I cant UPSC is too tough for me , your Video notification pops up, brings in a new hope that I can!
    Thank you, hope you had great dipawali!

  • @harshitbarthwal6974
    @harshitbarthwal6974 Місяць тому +1

    You are phenomenal

  • @nikitasajwan8011
    @nikitasajwan8011 2 роки тому

    Thankyou for uploading it

  • @ushavaghela7820
    @ushavaghela7820 3 роки тому

    Very interesting and informative. Thank you sir

  • @nandinikumari9887
    @nandinikumari9887 3 роки тому +2

    Sir your voice is very sweet.. And your teaching method is jst awesome..🏅🏅

  • @mohdkasim5984
    @mohdkasim5984 2 роки тому

    Just one video enough to get you subscribed.... thoroughly explained 👌

  • @lakshmanvajjakeshavula5380
    @lakshmanvajjakeshavula5380 3 роки тому

    Great explanation sir🙏🙏🙏🙏

  • @tihomidahg2991
    @tihomidahg2991 3 роки тому

    Sir you are the best 👍

  • @chaithraTV11
    @chaithraTV11 3 роки тому

    Thank you from Karnataka

  • @n.aashwin4425
    @n.aashwin4425 3 роки тому

    Wow! Thankyou Sir for this Super video

  • @karthickkumar.u3220
    @karthickkumar.u3220 3 роки тому

    This is informative video.. Why this cost should be increase without demand. Understood basic of behind inflation. Thanku

  • @SumanKumarOfficial
    @SumanKumarOfficial 3 роки тому

    My best teacher ever

  • @Priya-kf9bw
    @Priya-kf9bw 2 роки тому

    Best is small word for you sir

  • @NangooSari
    @NangooSari 3 роки тому

    Thank u sir.. more economy please

  • @mamtakuril4767
    @mamtakuril4767 3 роки тому

    Sir, it's very informative video I deem very well all concepts

  • @vesnabe8552
    @vesnabe8552 3 роки тому +1

    Sir Amit 👍 thnx from Serbia.

  • @sugandhasharma6172
    @sugandhasharma6172 3 роки тому

    What a presentation. 👌 wao!!!

  • @thecommonman
    @thecommonman 3 роки тому

    What a clear voice

  • @5619Kushwaha
    @5619Kushwaha 3 роки тому

    Always fantastic

  • @blackrock1404
    @blackrock1404 2 роки тому

    Thank you❤ Sir

  • @user-il6eg5ii2n
    @user-il6eg5ii2n 3 роки тому

    Excellent teaching sir thank you so much sir,🤝🤝🤝

  • @proudindian9807
    @proudindian9807 3 роки тому

    Awesome video, the best explanation in you tube

  • @sagarkumaragrahri5212
    @sagarkumaragrahri5212 3 роки тому +2

    Appreciable

  • @rajatjoshi7623
    @rajatjoshi7623 3 роки тому +1

    Neatly explained. Thank you!
    Will be great if you could also share this sheet. It will come handy during revisions.

  • @divyasharma-ib7tz
    @divyasharma-ib7tz 3 роки тому

    Thanks for making it. 🌻

  • @Aankhein3631
    @Aankhein3631 3 роки тому

    Vry clearly explained.. thank you

  • @kgrknowledge5982
    @kgrknowledge5982 3 роки тому

    Sir, Awesome.

  • @Khangresshataodeshbachavo
    @Khangresshataodeshbachavo 3 роки тому

    Thank you sir.

  • @rtha5260
    @rtha5260 3 роки тому

    Thank you Sir😊