Is India Drowning in Debt? And, it's impact on YOU | Akshat Shrivastava
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- Опубліковано 12 кві 2024
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Is India in a debt bubble?
How does this affect you and I - as common citizens AND retail investors?
Watch this video till the end to know what ACTIONABLE STEPS you can take to deal with macroeconomic changes?
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No use he started misleading people as elections are near. New Dhruv Rathee
I don't understand do you understand how tourism works like Record 50 lakh people visited statue of unity... Wouldn't they have spent their money on hotel stays than wouldn't they have eaten food in resturant... Wouldn't they have purchased any items from Gujarat ..... This increases revenue
Over 1.6 crores people have visited statue of unity didn't it generate revenue for locals ??
And let's not talk about ticket sales 😂...
Soo it's like why china spent 38.5 billion dollars on Olympics just for the publicity to show us their roads there infra structure to show us there power .... That's what statue of unity represents
Power that's why it's the largest statue and that's why new Parliament to show the world New India .... So more money would flow into India ...
And Akshat we are not making it political but you are and you could see how you are making the thing political is By the Choice of your Thumb Nail
And if you want to make things political than talk about the Freebies given By Delhi Karnatka which is 20% of Karnataka's Budget according to hindu bussiness line or talk About Kerala who is begging supreme Court ki Tell centre to increase the amount of debt Kerala can take .....
Akshat i am unsubscribing because you love to make things political but than give half information
Only salaried persons are taxed heavily….most never pay
Around 40-50%
30%TDS and GST
True, that is why BJP are happy to take bribes and let foreign corporations set up in India, because they know they can tax the employees of the new jobs they create, instead of supporting Indian companies and creating jobs themselves.
Modi ko puch jake kese chanda lete he
yea thats y i got into business ..
If you gets 2 lac or more then u have to worry about it but most of the people gets below 1 lac so they don’t have to worry , so many exemptions available now to save tax
Thank you for speaking Truth! People should think before voting! God save this country and Democracy!
There are only a few people left discussing the macroeconomics of our country. Unfortunately, some viewers perceive these videos as political, leading to comments about the BJP or similar topics. Regardless of political affiliation, everyone will face consequences if we don't ask the right question from the government. Without proper questioning, we risk facing higher direct and indirect taxes, more expensive healthcare, and poorer education quality. Expenses like freebies, new parliament buildings, and statues are all funded by our taxes. Let's focus on sensible discussions rather than politicizing these issues.
This is one of the biggest problems we are facing these days.They will bark like dogs in the slums, but no one knows about the truth......I am not understanding why the people behave like this.....Why take sides with political parties? .......no one is do the favours for common people.....
You have a good point but with the BJP in power, they will not allow you to ask any Questions!!!!
He is talking lies l. Not a single point is based on facts. Indians don't get benefits from tax paid from bjp nor congress. Atleast now that the money spent in revenue generating avenues. No brainer to believe this guy who benefited most from stock market due to current govt.
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
These videos are political too
Comparing Japan debt with India is foolishness Japan gets debt from the international bond market at a very cheap rate(1-1.5%)compared to India because of credit rating and japan is smart they lend the same debt to India at say 3-5% making quite good return their too.
For example, in making in bullet train
Japan lends us money in dollars and we know dollar vs INR deficit is 5-7% every year so actually Japan gets around 10% as return from India
@@dhvanitgandhi94 Japan is very very clever 😢😅😂
You didn't get the point. We don't have much credit rating, so it is risky to raise our debt levels!
@@authentic_101 how will he get the point ... his nationalism is sold to the private companies ..
He is just clarifying our debt structure, i don't know why people are making this political
You need to understand that they want to gain supremacy by calling others dumb. Some are just trying to protect themselves otherwise people will come and attack themselves based on his community or his birthplace like it happened from beginning
@@cakebakeproject Hmm they have to understand that economy doesn't impact on the basis of religion or political parties and out of that I'm totally agree with akshat , in Norway or Sweden they get something in return but in india we just wasting our hard earn money by giving more taxes
It's not people, it's trolls from BJP IT cell. Since 2014 they are doing it.😅
The timing brother. The timing of the video
Yes, I like his content but his narration should be neutral and should be unbiased. But he is clearly biased. Check earlier videos on Adani. Why to damage our Indian businessman image until he is not found guilty. Even though he was clean chit by the Court, Akshat never spoke about his achievements.
Eye opening video! I hope all political parties get to watch this. Thanks for all the info & raising serious issues Akshat. All Governments trying to crush middle class. Freebies are not free we're paying for that..
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
There is a massive investment in infrastructure, roads railways etc. But, your whole point of focus is Golden Vista and Statues which is less than .001 percent of investment.
Akshat became Raghuram Rajan’s student😂😂
Chota Rabhis
Akshat being Akshat. Just a little open now.
Right but it's wastage
@@subhasishmandal7867 last time Ataljee did all development but still lost election. These things are emotional issues for public and win votes..
Hence necessary..
Great , our group was predicting same video topic as Dhruve Rathi made same comment
Your standard of gaining knowledge from propogandist German shepherd speaks about volume of your knowledge :-D
@@hardik.rathod.7515Dhruv doesn't shy away from accepting he's anti BJP.
He has that bias and you have your pro BJP bias.
Then who's the real shepherd here? German shepherd or Rathod ji yoh being the Indian shepherd here?
Easy to troll.
One is saving government's asssss and the other one is completely tearing it apart in front of all of India to see the reality of this actor named Modi.
I am currently 19 years old. I am thinking that I have to pay 100 crores for my child’s education after 20 years 😂😂.
May happen
I dont understand how can today parents agree to pay 1 lakh fees for kindergarden.
@@harshnaik6989 May be they are making black money
Why not governments school
Mee too
It is the middle class and general category will always suffer in India. It is the harsh reality of India
@@satishchandra3479really dude???? There r good things that the govt do. But there bad things too. And when we point them out we have to go to Pakistan? Listen to urself.
@@satishchandra3479 have u ever considered that I might not know Hindi? Oh I forgot. In ur ideal discriminatory nation everyone should speak one language only. Sorry for not knowing Hindi.
@@Kal_Al_Thor right, ignore chandra mama buddy. you'll come across atleast one comment like his per day thats the power of stupid ppl in large numbers. Ignore and avoid bud.
@Kal_AI_Thor bro haven't you heard about bhashini and bhashanet.in
go first and research about this that who is making efforts to respect every language, then how you are understanding this video he also mixed othr language??
the thing is you just know few particular points which your ideals are telling you but if you observe overall things india is growing very rapidly listen the speech from successful people like most richest persons or most powerful firms like worldbank and jpmorgan
@@sachinatrey when u have such a huge population, ur consumption power is very high. This automatically leads to growth as long as there r no major f ups by the govt.
Great video and very clear to the point. I and my wife lived in Norway for 3 yrs during COVID time. I paid 33% tax. But not just me, my wife who was unemployed also got free health care, free vaccines on top of very clean and good environment. We were treated like citizens without any discrimination when it came to enrolling in COVID vaccine wait lists or free health checkups. Also we got the best vaccine varieties all for free. Education is totally free up to even college level. Generous paternal and maternal leave benefits with full pay as well for new parents. Thats the first time I felt a society and state really caring for residents, and learned the meaning of 'tax payment'. Also in Norway in July tax is 0% plus the Govt gives bonuses so that employees can go on vacation in the summer months. The employer used to email employees requesting to go on vacation, if they did not avail of the entitled vacation days. In December too the tax rate was just half the usual slab. Its really a heaven. Even if the tax was 50% I would have happily paid for that society which values human life.
Modi ji earning money from Electoral bonds highest, good idea of Modi ji,
Well Said " You have to Make your own preparation for you & your family "
रोटी हो या सत्ता वक्त पर पलट देणी चाहिए
Akshat what I feel is they have done good job in developing the infrastructure of the country such as roads ,data boom, railways but as an individual I feel that the amount of taxes I give as I am salaried has made me poorer as compared to give years ago as I am paying income tax as well as GST on anything I purchase whether it's medicine, petrol or any household item .The net disposable income has reduced drastically.Please make a video on this as of where we are heading as salaried persons.It has really become difficult to manage household
It's gonna sound depressing bro but best thing to do right now is downgrade your lifestyle.
@@leeladhar4830give this useless advice to Modi and his cronies.
@@amrapali-gs3co speak some sense please 1. I don't have access to people you're talking about 2. Even if I had access, those guys are enjoying their life, selfish people like them won't sacrifice their enjoyment for some from common people. Common people in their eyes are no more than ants.
Country Debt is being increased to write off 1.84L crore debt by big corporates...sad bit true 😢
There is a Different Between Write Off and Waive Off brother. Write off is done on Accrual Basis only.
@@paban6496 so what do you mean to say..? Isn't it tax payers money Bhai? 5000 bank se lelo aur default kar lo..jindagi bekar kar denge..
@@paban6496 These people don't want to understand. They know the difference and they know that this is a compulsory step banks had to perform to give clarity to its shareholders. It's better to avoid such people
Valid
@@nikkishu sote hue ko uthaya ja sakta hai sone ke natak kre wale ko nhi aap natak continue rakho
It's undeniable how financial market dynamics repeat themselves. Artur Grandi's book outlines a practical approach to stabilizing investments and identifies opportunities, including in the cryptocurrency space.
Previously ten limes for 5 rs
Now one lime cost 5 rs
its happening in every product we buy
all products are rising from vegetables to groceries how can gournement says inflation rate his comming down 😭😥😢
Read monetary policy pls no one said inflation is coming down , government said core inflation is down ( google the difference). You just don’t want to accept after covid and russia ukraine and potential iran isreal life going to get hard all over the world. Even some angel cannot save use from the repercussions of such major conflict,
@@captaintavish3888 your too correct but gournement charana fhayida ko bahrana dikhati ,ya hi thi bada dikkat
@@captaintavish3888 and core inflation number showing too not what is actually, they show core inflation lesser than true numbers 🤔
its more of percentage game ...... maybe you spend 80 % of your income on groceries and the government thinks an average Indian spends 20 or 30 % on groceries or food.
Take freebies inflation will come down 😂
Pure economics video……..jo bhi BJP congress kar raha hai uska economics gyan zero hai……
💯
Fir kis ke kare…….if not bjp or congress
purely political video...akshat loosing is dignity.. and he is responsible
Politics and Economy are interconnected. Dedollarization will strengthen India.
Bhai debts is part of Public Administration, which depends upon Politicians…. This is how BJP fooled you
Two points I would like to add:
1. Public debt has risen sharply during COVID and it is being reduced after that. So, saying that we are moving towards unsustainable debt is unjustified. After COVID, we have seen fiscal consolidation.
2. Around 88% of Forex reserve is FCY. So, I disagree with the fact that proceeds of SGB are being used to buy gold in order to increase the forex reserves.
Well said. Covid hijacked many governments in the world including US.
I suggest to remove Modiji’s picture in the video to make your point neutral. ( appears as if only Modi govt borrowed)
This is a cumulative, reckless subsidies/freebies/PSU support ( AI) for many years. More recent promise 1 lakh/year by a political party( from where will the money comes?). Appreciate your macro views but please don’t paint political colours.
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
Debt borrowing is getting small... its too early to say if all of that money taken during covid will be returned because of the type of the cause
People in Hyderabad banglore like cities shifting families because of very high fess even at pre school levels 😢
Government ko tax kyu bharte hai hamlog... Government schools ko behtar karne ke liye force kijiye government ko
No family shifting out from Hyderabad, lakhs of North indian of worker families coming to Hyderabad to Telugu states for better wages , similarly lakhs of Business communities shifted to Telangana & AP towns to cheat spurious material they sell & never pay taxes to Government without giving any bill.
Left - Right wing war now activated without crosschecking congratulations 🥂
Which wing are you in ?
Red bull gives you Wing 😅
Eye opener. Excellent Video.👍
India's growth is manipulated and the situation is created where you can't say anything about it. Otherwise you will be labeled anti national and chances are you will be behind bar
"Behind bars" 😅😅 matlab kuch bhi
Lakhs of people talk negative about BJP.
Bjp ne sabko jail bhej diya kya?
I think you forgot Indira Gandhi Emergency
Shutup, we know your propaganda and it won't work here. Under Modi india is the 5th largest economy from 11th in 2013 and soon to be 3rd largest, India is the fastest growing major economy in the world at 7.8% GDP growth rate, 4 trillion dollars economy, IMF says India alone contributed 16% of the total world growth, India's FOREX reserves have increased from 305 billion dollars in 2014 to 610 billion dollars in 2023, which means our economy is the safest. Became the 2nd largest producer of mobile phones, 4th largest in automobile vehicles manufacturing, largest IT exporter, India's last month export stood at 700+ billion dollars which is highest ever in the Indian history, India has the 3rd largest metro network and soon to be 2nd by overtaking US, also India exports Metro train systems to developed countries like Canada, India is the largest producer of Pharma and vaccines and accounts for nearly 60% of the total vaccines are fulfilled by India. 75 Vande Bharat trains by end of December 2024 and launch of 20+ RRTS fast trains and already running between Delhi - Meerut, 100% electrification of Trains in India, dedicated freight corridor, 35000 kms length tracks laid, 53000 kms new highways added since 2014. More than 900+ defence equipments which we used to import are now made in India including HAL Tejas, LCH , Kalyani Tanks, Nuclear powered submarines, Destroyers, Frigates,7 lakhs bullet proof jackets to soldiers etc . Asia's largest Airport is being built in Jewar, 74 new airports since 2014. 7 new IITs, 8 new IIMs, 17 new AIIMs, 353 new university, 5298 new colleges . World's largest health scheme under Ayushman Bharat, Opened thousands of Jan Aushad Kendra providing affordable medicines, implemented the robust tax system GST, Demonetization helped in cutting fundings to Naxals, helped in closing lakhs of shell companies in India and helped in baning the corrupt foreign funded NGOs, Settled the 500+ year old Ram mandir dispute smoothly, Removed the unfair Article 370 in Kashmir. India's digital economy is twice as big as china and 4 times as big as USA, UPI payment system is the world's best digital payment system, more than 70 countries are interested in signing MoUs with India to bring UPI payment system to their country.There are 52 new schemes under Modi government covering education, health, agriculture, fisheries, Rural development, electrification, water, sports, entrepreneurship, financing, urban development, transport, housing, pension, insurance, genric medicine, skill development etc.Asia's biggest helicopter manufacturing unit, I can go on and on about Modi government's achievements. Jai Modi 🇮🇳
going on the same path
2009 Gdp was more than 7%
There was recession everywhere!
Unlike kejriwal who arrested people from other states using punjab police😂
Akshat you touched the point that internal debts are never repaid 🙂
Bro tried to make a video on inflation proofing and protecting ones portfolio... then all hell break loose due to political insanity. I was honestly worried about entire investors becoming like minded and we loosing good opportunities...
Glad to see that there are many who still doesn't get the point and willingly take the path to mediocrity, helping logical investors make money.
I used to view this guy's channel before I came across Dr. Ankit Shah's geopolitical and geoeconomic videos. I bet he doesn't have the gut to debate with Dr. Ankit Shah if he is asked to.
People do your own research and I live in Karnataka Congress says if they win they continue giving money for women, free bus and many more free bee which take thousands of crores and asking money to centre
Let Adani and Ambani Tata Brila Mahindra SBI ICICI etc pay 42 % tax like common public
@@kysanthanam sir in every country rich people like them pay less as they are back bone of their country economy. example tata transfer their profit to trust from so many years of they don't have transferred they would have paid more than usual
@@kysanthanamso that we can give more freebies?
Only going to get worse with time
Freebies gonna bite us in the back!
@@kysanthanamdoes that work in any sane country, don't tell me you are economist with more knowledgbale than any other economist
If this debt is utilised for infra development & not for freebies then definitely it will return in booming economy
What about free bees to Anil Ambani and and Adani
What about NPA of national banks
Exactly
NPA of National Banks have reduced after legislations given by current government. If you still think that Adani is given freebies by government then you are blinded by Khangress agenda & any gyaan to you is wasting my time. Akshat can compare himself with Adani but I can't.
Freebies to the citizens in form of good education health care and harmony is good governance
Tujhe bas logo ko freebie baate toh problem hoti hai lagta hai
An honest feedback: I am following you for almost 2 years or more now. Most of your videos have just repeated content now. I am part of your member community where sometimes you post good content otherwise most of the things are repeat only..
Because basic principles of macroeconomics and mircoenomics more or less remain the same. They are explained differently with new scenarios that occur over time.
What do you want him to do next? Teach algo trading?
Don't get so disheartened. It's a social media channel where we invest our time. And that was just his feedback. Don't act like the admin of UA-cam.
@@rvc1_Chill man, he is free to voice his opinion 😂.
And he will keep praising himself…apne muh miya mithu…he is a good guy….very intelligent….but because he tries to be over smart….does a lot of self boasting….his good will is coming down….in the Indian market of knowledgeable people & savvy investors his ranking is no where……he lacks humility & assumes he is the most intelligent
It may be because someone else is doing same thing from 2014-2024 in Indian politics.
Ok I get it. I am not gonna vote for BJP for sure 😂
Par hum tou vote karenge.
Well, I am pretty sure with all the freebies Congress announced, if they win then they will definitely take more debt without increase in capex or industrialization.
Please vote for BJP.... Only they can save India
@@manojkumarbhagat2023 Karo Bhai tumko freebies jo mil rahe
@frusted_fool, Name one indian National party which don't/or promised not to give freebies. It's not parties fault every other party do it. Matter of fact if one doesn't give any freebies they can easily be pushed out of power by indian voters.
One small clarification. It is not actually important whether debt is internal or external. What matters is in what currency is the debt being issued. Japan and China are the two largest holders of US debt but it is held in US Dollars. So ironically, it is China and Japan that are in a bind here because worst case, US will just print the dollars to repay its debts. Of course money printing has its downsides, but US is not indebted to China or Japan the way we think of in layman terms.
Check which countries are top holders of us treasuries
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
Your style of explanation is very good. Fluency is also appreciated.Even complicated things you make simple to understand. 😊
Don't believe everything he says. He is very smart with exploiting laziness of people who never take the time or effort to verify details.
He very cleverly mixes some details with broad-sweeping (often inaccurate) statements which are intended to beguile, mislead resulting in painting @BJP4India in a bad light.
He is learning from a wrong example = @Dhruv_Rathee who does nothing but ONLY present anti-regime, contrarian, rebellious immature views that attract young minds that have not yet developed political sophistication or an appreciation of complexities of running a nation as mammoth & diverse & ancient as India.
Not sure what problems people who are here to get economics understanding are not able to accept critical arguments of the government. When the ruling party is there in Center for last 9 years who would we as citizens be critical about. It’s them only and not opposition. If this would have been 2013-14 then we were critical of that Govt. Don’t be stupid enough to criticise the commentator if India plays bad. If there is factual error or his opinions are not correct better point that out
exactly.. but the saddest part is that 99% negative comments that you will come across here are from Bhakts .. The same people spreading hate speech against Drubh Rathi
@@swarnenduhazra6094 : What have you done? Exactly the same .. which is to create "Bhakt" or "Sanghi" categories and forcibly push anyone who offers a counter into that category.
Does it help you sleep better ? If so, continue to do so.
But here is my reading of Akshat.
Don't believe everything he says. He is very smart with exploiting laziness of people who never take the time or effort to verify details.
He very cleverly mixes some details with broad-sweeping (often inaccurate) statements which are intended to beguile, mislead resulting in painting @BJP4India in a bad light.
He is learning from a wrong example = @Dhruv_Rathee who does nothing but ONLY present anti-regime, contrarian, rebellious immature views that attract young minds that have not yet developed political sophistication or an appreciation of complexities of running a nation as mammoth & diverse & ancient as India.
He is clearly anti-BJP not for the sake of disagreement with policies or approach, but just for sake of getting popularity views.
Why are you writing sensible comment, nobody cares 😂
@@typingsquirrel27 possible what you say about Akshat. It could have been better if you point-wise mentioned 3 things incorrect - it could be opinion as well since he is smart enough to not quote a fact incorrectly
@@negiudit aren't you doing the same thing?
Thank you for this teaching.🎉
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
BJP supporters should pay 10% extra Tax.
They do, some people don't pay taxes IYKYK
both parties are trash , stop it . Job , education and medical is literally all they have to do and we have garbage leaders who wont be able to do it .
@@abc12377waq Here comes the 🧕, i will tell what Modi has done, india is the 5th largest economy from 11th in 2013 and soon to be 3rd largest, India is the fastest growing major economy in the world at 7.8% GDP growth rate, 4 trillion dollars economy, IMF says India alone contributed 16% of the total world growth, India's FOREX reserves have increased from 305 billion dollars in 2014 to 610 billion dollars in 2023, which means our economy is the safest. Became the 2nd largest producer of mobile phones, 4th largest in automobile vehicles manufacturing, largest IT exporter, India's last month export stood at 700+ billion dollars which is highest ever in the Indian history, India has the 3rd largest metro network and soon to be 2nd by overtaking US, also India exports Metro train systems to developed countries like Canada, India is the largest producer of Pharma and vaccines and accounts for nearly 60% of the total vaccines are fulfilled by India. 75 Vande Bharat trains by end of December 2024 and launch of 20+ RRTS fast trains and already running between Delhi - Meerut, 100% electrification of Trains in India, dedicated freight corridor, 35000 kms length tracks laid, 53000 kms new highways added since 2014. More than 900+ defence equipments which we used to import are now made in India including HAL Tejas, LCH , Kalyani Tanks, Nuclear powered submarines, Destroyers, Frigates,7 lakhs bullet proof jackets to soldiers etc . Asia's largest Airport is being built in Jewar, 74 new airports since 2014. 7 new IITs, 8 new IIMs, 17 new AIIMs, 353 new university, 5298 new colleges . World's largest health scheme under Ayushman Bharat, Opened thousands of Jan Aushad Kendra providing affordable medicines, implemented the robust tax system GST, Demonetization helped in cutting fundings to Naxals, helped in closing lakhs of shell companies in India and helped in baning the corrupt foreign funded NGOs, Settled the 500+ year old Ram mandir dispute smoothly, Removed the unfair Article 370 in Kashmir. India's digital economy is twice as big as china and 4 times as big as USA, UPI payment system is the world's best digital payment system, more than 70 countries are interested in signing MoUs with India to bring UPI payment system to their country.There are 52 new schemes under Modi government covering education, health, agriculture, fisheries, Rural development, electrification, water, sports, entrepreneurship, financing, urban development, transport, housing, pension, insurance, genric medicine, skill development etc.Asia's biggest helicopter manufacturing unit, I can go on and on about Modi government's achievements. Jai Modi 🇮🇳
u should stop using metro, new roads and upgraded railways and new airports
@@apuwithit9625 upgraded rtailways withupgraded derailments
Good Explanation
One point i want to add is that you will have to study more about temple economy and how much mass are getting benefitted… other one is statue thing just one time please go to statute of unity… there is a ecosystem built around that which has uplifted economically local people .. we do have a parallel economy which nobody accounted so far
Do a cost benefit analysis on the statue. U will understand then.
😂
@@Kal_Al_Thoris that bad having a central figure of sardal Patel when pappu and opposition is hard bent on calling Insia is not a country and every star has right to succession😢
@@Kal_Al_Thor I think u have seen Dhruv's video , he has agenda hope you don't
Bro, the temple was not made from tax money
Akshat you are not only knowledgeable but when it comes to imparting it to other's you are too good in putting it across with simplicity that it is easily understood... keep up the great sharing that you do for our learning 👍👍
Courageous brother.
I always waits for your videos please never hesitate to spread knowledge ....
Hi
@@priyachavan2372 hlw
Can you share your Instagram id, I have a few questions related to Akshat's course.
@@priyachavan2372 palrahul1609
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
freebies culture and frequent road blockage for political motives is also major reasons obstructing growth, which no is talking about for the sake for being politically correct.
Yes very irresponsible government, giving handouts rather than invest in longer term solutions. The result is that the situation only gets worse. India needs a change at the centre.
@@andy22222ifyState govt are more dangerous which are inclined towards socialist economy. centeral is more inclined towards capitalist and free market.
There is nothing capitalist about handing over assets to a few corporates and waiving off lacs of crores of loan.
Abe oo...corporates ko freebies kisne di ?
Everyone wants freebie in india. Big company or person from the street. This is a bad cultural trait that will ensure india does not truly rise to its potential.
Akshatji, your videos are very informative & impart us a huge knowledge & corrective steps. Please keep it up. May God always bless you and fulfil all your wishes.
Hi Sir , which website are you using for these GDP charts in the video ?
People in India specifically the middle class seem to be on a self destructive ride…..the moment you criticise the government for anything you get labelled…..but these people are not realising political rides are made on their and their children’s back….the poor will be fed (to whatever extent the government can do) and rich is always hand in glove with the government.
Parlament, murti aren't great use of money. Such a dhruv rathee line. But statue of unity is turning out to be a great tourist spot.
DHruv rathee ki videos dekhke gyaan chodne aya he idhr
So Nehru ought to build Great statues and temples instead of building modern temples of India. Must have lost ability of common sense too. Why build IITs or any hospital then, make tourist spots first. Education and Human lives comes second, is it?
Well Ram temple was built by trusts not using govt money
@@srinathmazaa iits in 2014-16 in 2024- 23
AIIMS in 2014-7 in 2024-24🫤
Who built toilet, gave gas connection, gave house( btw one of my relative who is a farmer got house,gas under modi gov), electricity just go check official data not some German doggy propoganda
@@srinathmazaa Are there zero IIT built? All the money is spent on status and tourism?
U are doing a great job, even if someone says its repitive, it is important that people are made to remember every now and then on such issues/concerns.
Thanks!
This video was informative for me personally, thanks Akshat.
The imp thing is GDP to debt ratio. When a country is in growth tarajectory it has to fund major infra projects with debt. This is quite normal. India's GDP to debt ratio is very very healthy and it better than lot of developed American and Europian countries. People forget that we came out from major COVID pandamic and still able to bounce back significantly. Few points
=> India's GDP to debt ration is very healthy and far better than many developed countires
=> India's Foreign reserves are extremely great.
=> GOLD reserves are higest in India's history
=> Govt/RBI is looking to build 1 trillion dollar reserves.
=> For the first time in history India's FDI surpassed China's FDI
So folks chill..!
These too are Good facts for india
India is doing capital expenditure big time for various infrastructure initiative which is the most important need of the hour!
The American and European countries you are talking about already have quality infrastructure which is way better in quality than India .
@@UTKARSHARJUN So dude you mean you wanna build country infra overnight?
Compare the population of those countries with ours. More Population = more challanges. For comparision Germany is smaller than size of state of Maharastra. So you are trying to compare apple and oranges.
Have you seen recent national road infrastructure ? People like you never did any work in their life. All you do is complaining about everything. Infra thing takes a time and its moving pretty well. Our road contruction speed is double per day than what it used to be during UPA. UPA's mindset is simple they wanna keep being "developed" country.
Great point bro.
Modern economy is built on debt.
So basically Delhi,Karnataka giving kind of freebies is killing econnomy as they will end up borrowing from central govt and the way congress gave in their election manifesto will be giving 1lac to women per year if they come to power which will screw us more...
80CR CITIZENS ARE GETTING 5KG FREE GRAINS PER MONTH SINCE 2020 FROM BJP GOVT
WHO IS PAYING FOR THAT SO THAT THEY CAN GIVE IT FOR FREE? GOD?
It's people money. Where did central govt get it from?
If people have money, then only they can spend. Eventually gdp will also increase. In india 80 crore people depends on free ration according to the present government data. so then definitely money should be given to below poverty line people. on manifesto, they mentioned that they will only give to bpl people only. not to every women.
@@sundar2979 Definitely it's tax payers and definitely don't want to be used as freebies in form of free electricity or bus service and when they over budget they ask help from central govt
@@sundar2979 And btw not even once I mentioned it's govt money they are just managing our money which should be for betterment of society
Thank you for Knowledgeable content and yes real inflation is coming as Gold prices rising .
Sahi hai. Shayad isiliye S&P ne growth positive bataya Indian Economy mei!
Oh han schools, heard the news of 10th std. Kid from Rajasthan Govt. School? Well there are many other govt. school news as well. Bass uspe charts nai bante toh Akshat ko pata nai chalega!
Action Plan: You have to consider 10-15% ground reality as well not just what papers show you!
I wonder why Akshat made this video in election period 😊
Only finance UA-camr who has the guts of speaking against the govt. That's why I trust him more than others .. well done Akshat 👏
He's against government so you trust him????? 😂😂
@@menarebrave03 🐄💩💩
Nice joke. Whatever promise given congress now due know how debt they need to take every year. Do u know how much taxes will increase just to give freebies.
First stop taking freebies then u can talk about anything.
Don’t be joker first
Wtf???😂 have some knowledge. Akshat has gone mad, statues are giving revenue. Freebies are offered by congress to unimaginable level.
I used to view this guy's channel before I came across Dr. Ankit Shah's geopolitical and geoeconomic videos. I bet he doesn't have the gut to debate with Dr. Ankit Shah if he is asked to.
Where the debt used is more important.. is it to fund subsidy or is it to grow infra and foundation of growth, perhaps the flywheel affect of the policy decisions taken during demonetization and GST days are fructifying now.. a common man taking debt to buy home and Adani taking debt to do substantial investments in factory and expansion is two different things.. one is for comfort other is for productivity
I watched 5 mins of this video, seems like half baked info to Commoners.
There is a diff between Good and Bad debt and India's debt is good debt which is being used to fuel economic growth.
Very informative, thank you!!
I agree with most points but there is a flaw @9:32 Akshat it is not a cycle, external-debt went up in 2020 because of COVID. There is a clear trend that shows that external debt came down from 23-24% to 19-20%.
Also tell external Debt to GDP in 2013
2013:- 23%
Now :- 18%
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
Don't worry.The brand, Security & infrastructure created. Now the Tourism, Foreign Investment & Service sector will go international.This will help to grow economy !
Hi Akshat ,
Insightful video, could you also make one video on how macroeconomics indicators will impact smartphone industry (such as foreign reserves, debt to GDP ratio.
Compare with japan debt levels.
India's external debt to gdp is in manageable level
On the other hand, Compare Tech innovation school hospital with Japan we are just A total fuck up. GDP is just a shit term for growth.
Metro rail 200km to 800km,road 90000km to 140000km, airports 70 to 140, train 60% to 100% electrified, vande Bharat coming, new deep water ports coming, bullet train coming, express way running, railway line doubleing, dfc operational, 7 to 24 aiims, 16 to 23 iit, people getting pakka house, toilet, piped water, electricity, gas connection how its not capital formation.
All sham and dikhava.
No one has jobs.
@@monkaZETTA aliens are working in construction of roads,rails,airports and donkeys are working in apple factory and monkeys are working in startups
Govt has claimed to lay 7000 KM new railway tracks every years by DFC less than 5000 KM are not been completed for past 10 years LOL
@@adolft_official 90% of dfc is completed
00:01 Understanding India's debt level and its impact on taxation
02:41 Debt-to-salary ratio impacts financial strength
05:06 India's gross debt to GDP ratio has significantly increased since 2010.
07:42 Maintaining Forex reserves is crucial to manage external debt.
10:18 India raising internal debt to pay off external debt
12:34 Productivity of debt is essential for its impact
15:02 India's increasing debt impact on taxation and services
17:18 Debt in India is spent unproductively, impacting quality of healthcare and education.
19:22 India's debt situation is slowly becoming unmanageable.
Akash thank you so much for enlightening us. I have been following your challen for 3 years now.
I can clearly see the bias of this channel now...Have been noticing in several videos. But now it's crystal clear.
True. I learn lot from Akshat and he is awesome in analysing macroeconomics. But I don’t agree with him in this video. Yes, India’s debt is increasing and is debt to gdp is flat. But as per my observation debt borrowed is mostly deployed for infrastructure, health and education. To be honest I have seen lot of infrastructural development from past 10 years. Make in India and digital India have boosted the opportunities, I feel inflation is not going to be bad, at-least not bad as Akahat said. I have watched Akshat’s past video where he explains discussion between Raghuramranjan and Rahul Gandhi, Akshat was clearly baised towards Raghuramranjan’s opinion which proved to be false later. Akshat has always opposed current government in his videos. ( note: I am not BJP supporter and I clearly seen lot of developments under BJP, that doesn’t mean they are good, they have done lot of mistakes too)
He is going to be very active till 4June. His salary is at stake
He is the Dhruv Rathi amongst the finfluencers.
ये उन्हीं लोगो की गली देता है जो बिचारे देश को आगे के जाते है
Sahi baat
Thanks a lot Akshat.Great job done.
Thanks for giving insights
One question - Can you explain how the printing of money amounts to internal debt?
I used to view this guy's channel before I came across Dr. Ankit Shah's geopolitical and geoeconomic videos. I bet he doesn't have the gut to debate with Dr. Ankit Shah if he is asked to.
This episode is not fact . Our taxation is in moderation . Our policy on debt is very prudent and being used for productive and social justice and you as economic student should also know that pulling bottom of the pyramid uplift.
Sir, inflation is always in every country at all times. It is not that India alone has debt. Actually India is growing. In 2014, when Prime Minister Narendra Modiji took charge, the Nifty was 25000. now it is around 75000. That much growth. India emerged from the rank of 9 to the rank 5. Hence, I am very confident that India will emerge as a super power. I purchased the stocks of Adani Ports when the whole world was blaming Adani, in particular the Bloomberg. Now I got a very good amount as profit. That shows that the western world is against indian growth and often passing negative remarks about Indian economy.
1000 saal baad aisa PM mila hai .,...... Even if inflation increase to 50% , i will give my vote to Modiji ........
People who are now choosing to ignore the real life problems and refuse to ask this government real questions, will be forced to ask in the next 5 years. The situation by then will be unmanageable and they will regret their life choices
Unshaven face fits the topic. Great analysis.
You can either be educated or Andhvakt ....
You can either be Pappu or communist
@@cakebakeproject bang on 😂
Yeah see the congress manifesto.. as if it looks like it will turn our country to super power..our country is suffering because of these Congress mfs
Remmeber: Andh Bhakts and Andh Virodhis are just the same. Both acquire strong beliefs as per their own bias and then go on to defend such beliefs as gospel truth. Both Andh Bhakts and Andh Virodhis are devoid of any intellect. But it is amusing to see how Andh Virodhis think they are superior to Andh Bhakts !!!!!!!!!!!!!!!!!!!!
Nice analysis, thanks a lot to create this important topic❤, I am sharing this videos to others
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
In middle class family one person earning and feeding 6 people like that few people paying tax and feeding the others .we have young working force but most of them are not not ready to work.
When you elaborated our DEBT POSITION
WILL YOU PLEASE thro your entire light on CONGRESS MANIFESTO WHICH AIMS at debt free golden rule
Wish we had Raghuram Rajan at the RBI, or in the Government, I guess we will have to wait till Congress is back before we get Competent people making good decisions in the country.
Well Explained.. thanks 👏👍
Insightful episode! Thanks 🙏👍
Modern economy is built on debt.
Debt is not bad, how you use it make it good or bad.
India is using so called debt to build infra and other facilities.
For all education fan boys, if we do not provide good infra to our educated class then they will go to western world and create new generation of pichai and nadella.
We need is balance between infra and education, health system.
If govt haven't supported ambani for cheap data then we will never be able to see these much unicorn and upcoming unicorn startups.
If government haven't spend this much on freight corridors and airports and highways and ports then all manufacturers which we are seeing from Apple to latest tesla would have never came to India
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
Sir 2 child policy pe video banao.. kyun ki India mein unproductive population increase ho rahe hai . Population decrease hoga to Tax rate kam hoga .
population kam hoga to Japan jesa haal na ho zae , IFYK
@@ARNABROY-hz7reyes you are correct.
Sab Karo dher sare bache paida 😅
@@ageless1003 dher sare nhi chaiye , only 2 ,
@@ARNABROY-hz7re bhai phir har Ghar mein cricket team kaise banegi 😅
one of the best video on debt explaintion
Interesting, very well explained, Thank You.
This video is based on pure economical facts.
If you get hurt by this video then you are mentally not fit.
Amazing, an eye opening video, if one is willing to look at it in right perception 👍👍👍
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
thank you , Akshath ji
Following the channel since 2020 Sir, always enriching
My personal take is that India's economy is gradually maturing and these temporary hickups will keep coming
But over the next Decade , India will be one of fastest major economies in the world no matter who is at the central govt
Main problem corruption and population
Explained perfectly 👍. Like always good video😊
Great Analysis ✅
An important parameter is debt servicing ratio. And another related point is that the rate at which you are able to raise the debt(based uponthestrengthoftheeconomyof thecountry). For Japan it maybe 1% or in that range where as India raises its debt at 6 to 8%. Preferably the debt servicing ratio should not exceed 20-25% of your income.
It's the US which is drowning in debt - all other countries are only paying them, because of the reserve status of the dollar. However, the value of the dollar is likely to weaken, because countries are dealing in local currencies.
Good joke...😂
=> India's GDP to debt ratio is very healthy and far better than many developed countires
=> India's Foreign reserves are extremely great.
=> GOLD reserves are higest in India's history
=> Govt/RBI is looking to build 1 trillion dollar reserves.
=> For the first time in history India's FDI surpassed China's FDI
Akshat is a smart fellow..but beleive me there are tons of way more smarter people seating in Govt and RBI. He has his own love for UPA and there is nothing wrong with it. No one is unbias ed and he also has his own bias. It's quite a thing he makes this short of videos during time of elections only
So folks chill..!
So you are also biased right? As you missed mentioning 5kg ration to 80 cr
@yashkhd1100 Well said 👍
Debt is paid back in Cash and Kind. Pakistan is expert in paying back debt in Kind which is paractically at the cost of Indian sequrity.
Thank you so much Sir . Please make more content like this
In the last 10 years, Russia bought 1888 tons of Gold. China bought 1552 tons. Turkey bought 541 tons.
India bought 395 tons.
The world is shifting rapidly and countries need to prepare for a multi polar world amid geo political tensions. There are many aspects of India’s vision that require accelerated development and it’s ok for debt to grow.
Acha chaddi ... Tu ab strategy bataiga 😅
China don't export its gold production and is largest producer of gold
I am a BJP voter but I agree w/ everything he has said here. Raghuram has said the same things. We're investing in infrastructure & buildings but we're not investing in 'humans' which would make them useful. The quality of workforce is pathetic. Law enforcement is bad & we need urgent police & judicial reforms. The government came out w/ third rate NEP which just works on paper. 12 year old kids have no reading & comprehension skills & critical reasoning is not taught in schools. The government thinks opening X new IITs will solve the problem. We need IITs but much more important are primary schools.
Unfortunately, BJP is blessed w a clown opposition & the alternative to NaMo is Mamata, akhilesh, Pappu, Pappi & similar jokers. TINA- There is no alternative. It's really unfortunate & sad.
You analysis most of the things but you dint analysis how rahul ghandi figured as pappu..
Its another propaganda of BJP to suppress opposition leders. BJP Using social media and news channels very welll
most of the opposition parties are more inclined towards socialist economy. which will be more worse if they get elected.
Agreed but you can expect to have a skilled workforce in 3-4 years . Also you need industry , liberalisation that manmohan singh did in 1992 showed its true colours in late 2000s . When you get high skilled industries your work force will catch up , having a workforce for a industry that not still there in this country is what we face today. Ill give you examples also 80% of IIT graduates go into coding, because even ECE and EEE guys struggle to get jobs in india regarding their field. And these are high paying job , america literally tosses japan into the ditch in 1960s so japan doesn’t get a lead in chips and associated technology , apple poaches engineers only for these technologies, there is only 1 Norwegian company that has the license to make machines that can in return make 3nm chips . Its not like modi ji kal bole aa jaao india mein and they’ll walk in. America is ready to go on war with china just for TSMC …. Just get that . Read how taiwan literally splurged to get the first set of engineers from America when it started TSMC
An eye opener. Thanks for making this video Akshat.
Great Hardwork and simple teaching for understanding layman also, thanks
He didn't mention the current gross capital formation of India. Nor did he show the years on the graph. India's gross capital formation to gdp is 31.6 percent for the year 2021 - 22 .according to the World Bank collection of development indicators, compiled from officially recognized sources. Higher than the world average. When the world average was mentioned India's number was not mentioned. India's rate of GCF to GDP is 31.4 per cent during 2021-22 as against 27.9 per cent in the year 2020-21. Higher the capital formation of an economy, the faster an economy can grow its aggregate income. No offence.This is nothing about politics but let's get some facts straight.
No offence he always used to criticise adani and def stocks , 2 key industries where the return has been massive. His content is good but his left inclination is clear at times . Indias debt to GDP is still better than Japans or france , where it is in more than 100% …. Also government debt is not for free stuff it is generating a lot of revenue… for example rail corridors highways.
He always talks anti government
This govt. is pro industrialist and pro capitalist. If you own a business, you will be highly profitable whereas if you are working as an employee in an organisation, you will have to shell much of your income in the form of hefty taxes. Hence we can see a rapid increase in the difference of wealth between the rich and the poor.
Income taxes which we pay is being used for making rail corridors and highways which in turn is favoring the big industrialists to fuel their businesses and generate wealth for them whereas the common people are burdened with hefty taxes.
India and Japan are not the same
True I invested in adani ports , now it is showing 116% returns. I went against what he said about adani and invest ed. His left leanings is clouding his judgement.
yes everything closer to truth is left leaning. have always heard "vinaash kaal viprith buddhi" but this quote has really started making sense in terms of our country