@@kaushiksheshnagraj7176 India is as of now at least,a lower middle income economy. There is absolutely nothing to get offended about it,it's a truth we face as a result of the economic and political failures of our past,that we must ensure not to repeat and learn from.
@@krapto3467 yeah but generally asking poor countries mean the one which are low income countries India is a middle income country, specifically lower middle income so calling poor does not make sense in my opinion. Anyway let's see hoe things play out this decade is very important for us if we don't succeed we are dommed.
Being an Indian I have a very strong feeling that whenever we talk about Indians/Indian history/Indian economy & developing programs, we always blame British & our political leadership but never blame ourselves that we are responsible for it directly. British came in power because few people wants always on the throne and allowed rest of Indian to be slaves then politicians wanted always in power and make slave again rest of Indians. Look at us in the 21st century we r still voting 🗳 in the name of caste creed and ironically those old government still wants us to vote for them.
India is a faster growing economy that China, and China will be the number one superpower after a few years. I feel after China, India will be next. I really believe the caste system needs to be abolished for India to advance.
@@ousarlxsfjsbvbg8588 enthusiasm matters which we lack...we dont need to eradicate caste sytem for that...we should think how to uplift lowerr class and grow with them...and then talk about
@@kashitakhalate9116 What seriously? Even if they become economically stable they still would have an inferiority complex in their own society. Abolishing would make it better for all and could result in equal education and placements.
"Democracy is like a gamble. If you get a good ruling party congratulation.But if you don't nothing can help you become a better country" Summary of indian Republic over decades.
What you say is quite true but this is also true that democracy unlike a monarchy or dictatorship is a gamble where at least the gambler can influence the outcome as well
@@fordgtguya dictatorship can also be a republic ex republic of Cuba, people’s republic of China etc. but a representative democracy means people vote for representatives who make laws for them and our democratically elected
In short, before 1992 India was closed economy because fear of colonization. But after 1992 reformed. India opened for World. But people still have fear of privatisation.
The problem with India was that we continued to live in colonial hangover for much longer than needed. We were always afraid of being colonized again. The fear was so high that when USSR collapsed, as a small child I was deeply paranoid. The way elders used to talk, it seemed American bombers were on their way to bomb us. We could have grown like S.Korea and Japan with correct economic policies right from day one.
@@napolien1310 that's how Chinese feel every time they watch American news talking about china agrressions 🤡 Maybe one day, just maybe, we will trully know how to see things from the other side, and how people see what we do and take it into consideration.
India was one of the wealthiest regions of the world during pre-colonial Mughal rule because the land was fertile, the population was high, and industrialization didn't exist yet. These so-called GDP estimates are based purely on its capacity for agricultural production. Doesn't anyone remember that 95% of the pre-1800 population consisted of farmers?
Yeah, that was a time when your economy was almost entirely dependent on agricultural output and India's was so great purely thanks to geography rather then policy or anything like that. Their economy was actually pretty inefficient really, when the British started the industrial revolution textiles were some of the first things they industrialized and in a matter of a couple decades they were able to out produce India to the point some previous textiles India had once monopolized were being produced by England in larger quantities using a handful of unskilled laborers and a couple factories while India was producing less with an army of craftsmen that needed a lifetime to train. India was if anything more advanced then England for centuries but rapidly fell behind in large part because of over reliance on agriculture and over reliance on cheap labor: as mentioned in the video why would they invest in expensive machinery when you can just hire a hundred laborers for less? China had similar problems, at one point there were Chinese filmmakers who would hire people to stand around holding lights because it was cheaper then renting an expensive opposable light stand.
@@arthas640 are you this uneducated about your own history? The only reason India stopped being the trade hub for textiles is because the British broke the hand weavers thumb, imposed tarrifs on them and took the raw materials from India back to Britain. The industrialization of Britain was done by the de industrialization of India. They stole 45 trillion dollars in today's money back then. Why don't you educate yourself!
@@Konomidebanshouwashikisesur How did britain conquer india so easily in the first place? India stagnated as Britain hit the Industrial Revolution, after Britain had substantial economic dominance due to this they then looted India to expand their markets further
@@dsan8742 infighting, bribes, etc. they stole trillions of dollars. It's not up for debate. You can search it up anytime how the British de industrialized India for their own nation.
This video gave a very dim picture of India's future. The only thing it misses, is the terrible corruption practice of the government officers of all levels, from federal to state. Without the elimination of the corrupt practice, it will be difficult to attract investors.
Corruption is the most difficult problem to get rid off and I was born in one. I always thought that we can never win. There is a bright side. China and Vietnam were extremely corrupted like Indian. Today they choose to correct the problems. In China and Vietnam recently they put to death the most high ranking and corrupted officials. They send out a strong signal that no one is immune to that. So far it works. In the 70's Korea was extremely corrupted. Look at them now. It is encouraging!!!
@kb The only way is to abolish the British political system. All you hear is the fighting between the politicians for their jobs. They never think for the people. You need a revolution or the incarnation of Sri Vishnu.
yea... lol , our state politicians pockets most of the funds and then builds good houses , if anyone sees good beautiful houses here , youll always be ryt that its build using black money . They send their children outside to study while roads and infra worsens more and more , nepotism and corruption makes life miserable. Its also common to see lots of newer suvs which is dedicated towards officers , everyone vies for government job and theres no other job here then this , private jobs are non existent only tiny sme business can be found . what a sad life !!!
This is a great video. I'm from China and we are very curious about Indian culture. In ancient times our culture was partly influenced by Indian culture probably through Buddhism. India and China have a lot in common. Both are large countries with large populations; both are old countries with splendid cultures; both used to be affected by western invasion; both used to be very poor and have a lot of people to feed. I hope China and India can settle the territory dispute peacefully and join hands to develop together. ---------------------I am currently studying in the U.S., so I can definitely use youtube.
@@yuribezmenov9257 strange coming from a person living on stolen land after killing all thr natives. U.S.A , new Zealand and Australia were all built on stolen land.
@@TheAgentOfDeath I am Indian , and this guy in my profile pic is Yuri Bezmenov , he was an ex-soviet agent , search about him on yt and watch his interviews 👍
I lived in India for over a year and encountered a great deal of corruption. Until that gets cleaned up properly it will be hard to progress beyond a certain point.
@@invinsibleviper6799 Yes your GDP is the 6th largest, but look up GDP per capita. The UK has almot the same economy with 65mil. people like India with 20x more people. So there‘s the proof that India is still dirt poor. Inform yourself about finances and politics before posting bs.
Because indian leaders thought only doing agriculture is enough for india . They didn't think privatisation, industrialisation and capitalism will do any good.
@@knowledgedesk1653 Nah. Democracy or monarchy or oligarchy has very little to do with economic development. What matters the most is what economic system are you applying. Also depends what kind of leadership are you having. Why didn't china grew for nearly four decades ? Just like that india didn't grew economically for about 5 decades because it was closed to the rest of the world. Also india doesn't have rich country in it's neibourhood like China had to invest money and to trade with. Japan, SK ,Taiwan ,HK all were there to.manufacture there goods in china and sell them elsewhere. India had leadership which absolutely deposed rich and saw them as if they are problems but forgot that those Rich's are absolutely crucial to develop any nation. With time grew population grew with poverty and other kind of problems.
@@bulu9214 Please explain how the rich are crucial to the economy, I don't get it. Are you trying to say that they bring in capital to invest so they're needed? Because that's the exact same thing a country can do without the rich.
Having loved history and geography since school (I'm 54), I have a soft spot for India, beautiful country, beautiful people....at times, bloody history! Excellent video! 👍🏻👌🏻👏🏻
@@CharJuz Bro think before you speak india is one of the countries having most kind and friendly people....if you wanna see development so visit cities like banglore, kochi, Ahmedabad, Pune, Chennai ,gurugram, Noida, entire mumbai metropolitan region having cities like Mumbai, thane, navi mumbai, vasai virar etc...... don't judge entire country only by Delhi
Don't give up, India. Keep those economy reforms going. Make as many people as you can prosperous. This way more indians will have more to lose and the government will be more accountable. You are a beautiful country with marvelous people. I pray you will overcome all of your obstacles.
@@weltschmerzistofthaufig2440 well, if you were born into a high income family in an extremely poor nation with low quality of life, would you tolerate it just to be loyal to the motherland when there are much more promising futures elsewhere? To be fair, even if he stays in India and contributes to it's development, he would be dead before he could reap it's benefits. So essentially he would just tolerate a low quality of life just for a better life for his future generations
I remember in the early 90's my mother hiding my Nintendo from customs as we flew into India. Customs would make us bleed if they caught us. Thankfully that's not the case anymore 😂. Great video
@Ankit Tiwari meaning, 25-30 years ago if the police at the airport saw you had some expensive foreign goods, for example, a new video game system from England/America, they would make you pay a lot of tax! So much tax, it would be better to throw the video-game then have to pay so much!
@@jalk12 cause of custom duty. Socialist countries did this to encourage domestic companies and most people couldn't buy foreign goods. When that duty is reduced and trade is liberalised it is meant country is participating in globalisation now
@@ShubhamMishrabro Import duties are _protectionism,_ not socialism. Communist countries and capitalist countries alike pursue protectionism when it suits them without regard for ideology.
@@alexv3357 you don't understand. Most socialist countries used tarrifs and high duties to neglect competition at absurd rates like having 90 percent tax rates. And i know that's how socialism but how that's how most socialist countries worked
Taking the GDP per Capita of the US and applying it to India is a bit absurd. The average developed nations has a much lower GDP per Capita than the US. The US's data is inflated due to their currency being the dollar.
@@Twocat5side PPP doesn't account for overall value. Indians cannot produce chips nor can they produce other high end valued products due to limitation in research.
@@ultorgaming7975 Indeed,China liberalised in the early 80s. India under Indira gandhi's dictatorship decided to give more power to the economic system of command and control,....to fix the failures of command and control. The Gandhi family's continued political power after nehru is the worst thing to ever happen to India.
Purchasing power parity also matters when trying to gauge the level of prosperity, 1$ can buy a lot more in India and China compared to USA and hence if India and China achieve to make it into the lower end of high income then they are effectively as rich as western nations if not more
Without correct radical reforms in its systems (judicial, education etc) the country will take way longer to become developed or may never become developed. Even though indicators show us that the country has a bright future but I am very skeptical about that, given the problems that still plague the country.
"Radical reform" - quite a way in saying what it actually is: a revolution. The current stakeholders though will do everything to maintain the status quo; it'll be even harder among those who want changes to reach a consensus on what degree they have to go, how to realize it, and what shares people should settle on post-revolution - which means you have to go through much infighting first. Nope, not gonna happen anytime soon - unless unforeseeable calamity brings majority of the population together.
For all the haters: here are some facts about India. 1. India is a wonderful country! 2. By far the cleanest country in the world! 3. We don’t scam people. It’s a myth. 4. Rape is almost nonexistent. 5. Corruption is even lower than Scandinavian countries. 6. Street food is the most delicious and safest to eat in all of euroasia. (Yes Asia and Europe are the same continent. 7. The streets in all India are very quiet and pleasant 8. English speaking countries are jealous of our accent especially Americans. Indian English sounds identical to British English and Indians do not sound like they have a hot dog in their mouth when they're speaking it. 9. The water from the Yamuna river is safe to drink and very tasty. 😋 10. India was the most powerful nation in military and riches. No other nation could outmatch it. Until this tiny island from halfway across the world conquered us and stole 55 trillion dollars from us. (We demand reparations immediately!) 11. White western women go crazy over Indian men. We are their fetish. 12. It is everyone’s dream to come and live in India permanently especially people in the western world. The world is jealous of our clean and safe country! 🇮🇳
@@jonathangalindo3184 No not really, we have the same protectionist policy like India that makes hard for investors to invest in us, as well as becoming self-sufficient in terms of food infact we have natural fertile soil and right climate that suits for growing crops and veggies BUT yet high prices are still very very high at the same time farmers suffering from monopoly just as what Indian farmers had suffered because of greedy elites.
Nepal does not have independence day like India.. It was never fully invaded by Brits though it was influenced. But great video. I hope India becomes a good powerhouse but it will take a lot of effort and work. Good luck India!
@@daretoplay8917 Agree! Many indians in ChinaVSindia videos create fake chinese accounts just to say that india is better than China. Such sad people lol
@@Glowupdevil wow why don't they teach all this in British schools though they deserve to know it don't they, it's not thier fault but I feel like they should know
You are illogical. India has a monsoon tropical climate that has wet and dry seasons. The wet seasons sometimes bring delayed rains or they don't come causing drought.
"And to this day, some of the most powerful people in India use their influence to block reasonable economic policies in order to enrich themselves". You just summed up a *lot* of countries' politics.
@@icebergslim3737 India is a nuclear power. So, no foreign country dictate India. India is still poor because of bad economic policy by Indian government itself. India should follow free trade policy like East Asia countries, and not protectionism. East Asia economy grow very rapidly after independence. There is no poor country in East Asia, some are rich, some are middle income countries.
Yes, you are touching the root cause of the problem in India and capital dominated countries; which is why that China is able to develop quickly. It is state owned economy in dominating economic activities, such as, farmers permanently own land in number but it is movable in location according to the need of social development. The other countries, includes India is rigid in dealing with such issue.
Brits spent 90% of revenue on administration and military. Before them East india company used Indian revenue to purchase local goods at dictated low price. Sold it in Europe and kept the profits. That's basically robbing us per year and expecting us to thank them for it.
Bad leadership I mean we had leaders like Patel and Bose and end up with Nehru why? Thanks to Gandhi and I hate how he add British version but fail to put Indian version as how British was weakened after WW2 thanks to Hitler and by not having enforcement and control all India had to do is push on them and to save face from defeat like what happened in America they give us independence.
Our CM of the state is giving free rice and money for no reason instead of creating jobs. It's may be good for the political party to gain votes it's disatrous for economy. Also insteading the opening more school it's closing small ones and forget about job creation .Dumb retards
--- **ALL REAL REASONS WHY INDIA IS POOR** --- **1. MARSHALL PLAN: U.S. AID TO EUROPE, JAPAN & KOREA, BUT NOT INDIA** **- $137 Billion to Europe, $23 Billion to Japan, $13 Billion to Korea** *After World War II, America provided this aid to rebuild its “European brothers” and allies but ignored India* --- **2. INDIRECT COLONIZATION THROUGH DOLLAR** ***Loss: $1 trillion*** *Explanation too complex for a single comment* --- **3. FUNDING TO PAKISTAN FOR WARS AGAINST INDIA** **- 4 Wars with $100+ Billion Loss of India** *Funded by USA (and European interests) to destabilize India* --- **4. LIMITED RESOURCES AND LAND** **- India: 2% of World’s Land and Natural Resources** *Europeans occupy 50% of Earth’s land and resources* --- **5. COLONIAL EXPLOITATION** **- 200 Years of British Colonization** ***Loss: $45 trillion*** *No further explanation needed* --- **6. 50 YEARS OF CORRUPT NEHRU FAMILY RULE** **- Decades of Mismanagement and Corruption** *Corruption and nepotism led to significant losses and poor governance, hampering India’s growth* ---
I remember seeing an interview on the news a long time ago, like in the sixties, this guy in India had said "any government in power in India is like putting a cork on the sea."
For a year I was part of the Indian economic growth, I was training programmers in Bangalore while working for an American travel company. (I'm Polish)
American had been scamming Indian Tax Payers for years . The Classical Case of the US own Union Carbide's Plant gas leak at Bhopal. What a big Scam ? Indian Public bought Union Carbide before the case being settle. Guess who the PM and the Cronies are when Union Carbide is officially own by Indian ?
Because here people make babies to show the society, they are not barren. They raise babies, so as they could help them in old age. They brain wash children to take jobs, which make their parents proud in society. Never follow your own passion. Doing your own homeworks like cleaning, cooking and repairing is a low caste activity, so it must not not be practiced. India is poor because you are not to express yourself, if it is conflicting older people and century old customs. And, you must never listen to the young ones because they always blabber in high adrenaline state, without making any sense.
Same thing happened to me, I was forced by my parents and relatives to study something which i never wanted and now they are forcing me, to stay at home and prepare for govt exams rather than working in a private firm.
Indians should learn to work with each other and learn about exponential growth: 1 2 4 8 16 32 64 128 256 512 1k 2k 4k 8k 16k 32k etc... If you fold a piece of paper 1 mm thick 10 times it will be 1 meter, 20 times it will be 1 KM, 30 times it will be 1000 KM. Indians should focus on improving productivity, and never buy or sell products only for vanity.
it always surprises me how little India has changed culturally. When India got independence South Korea was still a 3rd world country, China was as isolated and as backwards as North Korea is today, most of the Nordic countries were still pretty poor and backwards, and Germany and Japan were devastated by war and still reeling from insane indoctrination. Nearly 80 years later and they've all catapulted themselves into first world nations and India still struggles with the caste system, large parts of the country look the same way they did a century ago, and even the more developed areas are more like Victorian Europe then a modern Asian country where you'll find rag pickers, child laborers, and people pooping in public within walking distance of modern office buildings.
@@arthas640 and india didn't open it's economy like china and korea that was the essential difference if india had opened it's economy and not followed socialist economic policies it would have been successful
Thanks for the interesting talk. However, I am surprised that you made no mention of the rampant corruption that perfuses all levels of Indian society. That must put something of a drag on the economy.
I think Indian corruption is so rampant that anyone who's on the internet knows of it so mentioning it would just be stating the obvious. I could be wrong.
India is poor because we still blame colonialism yeah it was bad and horrific but you can’t blame colonialism anymore . Very little progress only corruption after independence.
Yes of course our miss management is the reason we are poor.... Robbers and Bandits (British) needs to return that stolen 45 trillion.... Why can't we blame colonialism? So you are saying leave the rapist be, don't blame the rapist... Blame yourself and keep those bastard child!
@@clauaome25 Yes we can, just because you say we can't doesn't mean we can't. You guys are still racist, so since nothing changed really, we can blame you. The pain of loosing 45 trillion and millions of dead bodies, country becomes countries. Untill half is returned with interest, we really ain't forgetting shit. Just the other day, in century, we changed the so called Kingsway New Delhi to Kartavya Path and the monarch died..
3:12 Nepal was not part of the British Indian Colony. Nepal and the East India Company signed the treaty of Sugauli in 1816 after a two-year long war which allowed a British resident in Kathmandu thereafter. However, Nepal continued to have its monarchs and prime ministers as before after 1816 as well . Then, Britain and Nepal signed the Nepal-Britain Treaty of 1923 recognizing Nepal as an independent country. This was registered in the League of Nations in 1925.
The army of the british raj was not an all european force. For reference , in ww2 the British Indian army was the largest all volunteer army in the world with more than 2 million soldiers. This huge colonial army was used by the British in Afghanistan , Malaysia, Middle East and Africa for their colonial adventures. You appear to be are underplaying their role in the first part of the video. I think it could have been worded better
@@riyazknightnebulous Sorry to break it to you, but the victors are the only ones left that can leave evidence behind, that's what it means. If i shoot an animal and destroy all remnants of its body, the animal can't tell anyone i murdered it and there's no body for you to learn exactly how i did it. That's why a lot of colonies that experienced genocide have almost no history left unless the killers document it themselves. Erase the language, destroy the artefacts. Done.
we not rich because we speak non Indian language and even this video is being watched on a western platform. but that fact that we were one more rich than anyoen ever under our banner just makes me feel happy. everything is temporary and kings of today will soon be slaves of tomorrow.
3:13 You got it wrong mate!! Nepal and Bhutan were always independent countries and never colonized by the British. That's why we don't have/celebrate Independence Day.!
@@sirex__8931 they were never truly independent, they were functioning under british security umbrella...and sikkim was a independent country before merging with India
@@kiranshetty3396 I always thought that sikkim was a part of nepal that was lost to the british after the anglo nepal war and nothing more, I might need to look more into this
@@kiranshetty3396 Go and listen what this chump said on this video, he said 'colony' and Nepal was allied after British-Nepal war NEVER a colony. Get your fact right or listen carefully.
@@kiranshetty3396 sikkim was not independent, it was a part nepal before Anglo nepal war. And nepal was influenced by British rule that's it. It has always been independent.
@android appdev I agree - countries have only succeeded through free market capitalism (except Scandinavian countries, but they're not really socialist either)
Wow, agricultural REALLY a very high profit sector. For sure. Especially when there is restrictions on food based on chemical fertilizers. The cost for farming way too high for organically grown. Most Indian farmers use chemical fertilizers just like Sri Lanka farmers. It's hit the farmers when the government start the 100% organic reform while the farmers heavily depending on chemical fertilizers. Profit for agriculture already little from the very beginning.
The very first thing I want is for the creators to fix the map of India. I request all the Indians watching this video to bring this up in their comments. If you want Indian views, you need to project India's views.
@@clicky3628 These videos are made based on research. If he is making a video on India, how can he get it's map wrong? Also, it is a constructive criticism. It is sad that millions of people (mostly Indians) watched this video and no one bothered to bring up the map.
@@ichwilllebensran2199 maybe for you. I listen to people like you talk and realize what was in Nehru's mind when he gave up Aksai chin. Do you know that India did not have a border with China during independence? They did not let it go and they will not let it go. Do you really think, I mean are you that naive to think Pakistan or China will let you be and not claim your territories if you let it go? Remember Kargil? Remember Galwan?
@@ttaushu Bro's mad he used the UN recognized map, deal with it that other countries don't recognize the same thing as your own. As a Korean I wouldn't shout at someone for including the Liancourt Rocks in Japan because it's a stupid nationalist way of handling things
Thank you ever so. Your presentation is flawless, providing an excellent overview! The use of humor turned an otherwise, history lesson into a dynamic video, entertaining while content full. Excellent!!!!!
The irony of Indian social system for centuries has been, that Power, Money and Knowledge should exist only with the few not the masses. The British exploited this system very well to their advantage. Although the buying power of people of India is much better compared to the past, but still even today there are a handful number of crony capitalists who control everything in India. As a result corruption levels in India are one of the highest in the world.
Systemic Corruption existed in India pre-1990's and 1980's and even in those time it was one of the highest in the world. In those times, India was pretty much totally Socialistic with Government owned companies controlling more than 70% of all big industries and businesses. Crony Capitalism or Crony Socialism, both show their adverse effects on Common people. Let's take a balanced approach here.
@@hifriendocutefriendo7075 no other society developed an ingrained Hierarchical class system like India. Even today with much liberalisation, caste system is very prevalent.
"Why is India poor?"- being an indian i've often asked wondered this question as well. How could we, a vast, resource rich, diverse, and relatively large literate and educated population, be so backward compared to our contemporaries in asia like China or japan? We didnt even have any major conflicts on our soil, or any major civil war, or have our cities flattened or anything like that. It is quite clear that despite many of our initial advantages, our leadership has squandered it. Though kudos to uploading this on independence day, this is a good wake up call for all of us.
@@destroyer2509 That's clearly rubbish, India has had over 70 years to get it's house in order. For example China Germany, Japan are the three largest economies in the world. And all after 1945. That's not to say the Empire had no effect, but effect could be both good or bad and anything in between.
@@arigon55 that is an utter nonsense.China had all the problems you mentioned,(culture of corruption,large countries,etc) and they are rich. The reason is because of severe underinvestment by the government on raising human capital,with 1960's China investing significantly more per capita on their population compared to post reform India despite having less gdp
@@arigon55 so dumb argument. There are larger nation's larger than India . And they are doing better . Small countries often fails to defend their interests on international stage. So NO to your dumb advice India do need reform btw
This is one of the best videos I saw on Indian economy and is an eye opener . Your analysis of the major issues and possible solutions is surely one of the best I have come across . Your methodical discussion of the topic makes it easy to follow and grasp all the nitty ,gritty and also enjoyable . Kudos to you!
India is rich in culture and social living whereas most developed country lacks it. Anyone who wants food, shelter and clothing is a necessity. I think Indians have it. I don’t understand what the author trying to say. He sit somewhere in world and talking foolishly.
@@shibujoseph9902 you’re kidding right?? You “think” all indians have proper shelter food and clothing? You are saying what you “think” is happening without actually researching anything and then bashing a video which actually has sources and reasoning behind it. Please don’t tell me you seriously believe that India is somehow poverty-free.
India's bureaucracy and dirty populist electoral politics continues to be the largest barrier to passing much needed good reforms effectively. India needs far more meritocracy within it's democracy.
Id say the elctoral one is mixed. Its push to use lots of fertilized probably leads to increased crop growth but the lack of bussiness to properly process the food leads to a lot of it going to waste. Despite the population being mainly farmer its weird that so little effort goes into procuring better buyers
@Art Man The merit was limited to specific caste in India due to high castism. While they used evil methods to retain power, they were one hell of a genius. Arthshashtra, was the constitution written by the meritocratic elites, and India was a dream land then. European risked their lives and traveled for months to reach India. Columbus and Vasco da Gama have their name in history just for reaching or trying to reach India. The man who wrote the Indian constitution did not belong to the meritocratic elite caste.
From the independence to the present time ,we were unable tackle Corruption in India And we are seeing the results Taking good things from capitalism is the only option and it will take time to get the results
India was essentially founded on corruption. Leaders sold their people out to Arabs and turks in return for weaponry until Europeans showed up, then they sold their people out for even better european weapons, then sold out their people for european aid in battles with neighbors or civil wars, then they sold out their people to become a colony and receive power and wealth for their elites, then they did the same when the central government bribed elites to join their new India, then the central government sold out their people to produce cheap goods and cheap services to foreign companies, and even today they continue to do the same while also harboring an infamous scam and counterfeit industry. The caste system itself is built around corruption whereby elites enslave the lower classes and the lower classes are taught to beleive they deserve it and should self enforce it
@@arthas640 you just gave centuries worth of corruption in two paragraphs. As an Indian I realised a few years ago that corruption is in the blood and will take atleast a few generations to rid of and that is if we continue to be economically prosperous
It's very helpful that you're looking into the decisions and failed management instead of playing the blame game like most do. In some ways India is similar with my country. My country combined capitalism with government's control in hope result to balance but somehow still slow in growth after 78 years of independence.
Yes, compare one party rule in China and democratic Taiwan. Russia does not want countries it once ruled to be independent and democratic. They make Russia look bad.. A free Taiwan makes China look bad and so did HongKong.
3:13, the British Indian colony did not include Nepal, never did. Although Nepal did lose one third of its territory to the British Indian colony, the country Nepal itself was never wholly colonised.
@@showinghealer5363communism is a great thing to exist but only if there no corruption, every communist country is corrupt to the core, people are censored and repressed.
Note that "Tentacle Weekly" features Raven vs Starfire, both American characters. Whatever Japan needs to import, I don't think cartoon girls are indigenously scarce.
British left India with 500+ provinces it's Indian army and sardar Patel who united all 500 provinces with force so British army never united India as you falsely misquoted.
@@GrigRP not true because idea of india as one entity was first mentioned in ancient scriptures like puranas and Mahabharata which are nearly 2500 years old and that's reason you see pan Indian empires like Mauryas, guptas, mughals ruling over entire country as one entity and reason for their success was using one sanskrit language as administrative language and above all religion of Hinduism for which India is sacred as considered to be a mother. But just like China India was united 5 times and again split up into majority local Kingdoms infact when British were on it's soil 3/4th of India was under single maratha empire who first gave slogan of one India. And British never united India they left India with 570+ provinces as each own autonomous country giving them choice to be independent but it's our first home minister sardar Patel after independence used military force and united entire country and for that very reason you find world's biggest statue dedicated to him.
I did not know what to expect from this report. However, you did a very good job explaining a subject with more angles than a cobweb. This stuff is not taught in schools or universities. The general public is left to drift on by watching their phones. I remember visiting India with Nixon and then later with another president. Great people, beautiful countryside.
There is a recording of Nixon and Kissinger talking about India and Nixon mentions that Indian women are the most disgusting and least feminine in the world, even less than African women who we claimed had an animalistic charm.
One other factor (that nobody or few have seen): the culture in which everybody wants to be a leader, a ruler, a manager and few people are willing to be a worker, and the vast social and economic gap between the two groups, in sharp contrast to the Eastern Asian especially Japanese culture.
@@36736 It took me a few seconds to figure out why you mentioned politicians. You must have interpreted "leader", "ruler", "manager" in my posting to be a politician? I should clarify. I meant a person that wants to manage others, as a manager or team lead in a company. If there's a survey, I bet the ratio of the people that want to be a manager in a company is statistically much higher in an Indian company than in a Japanese company. Too low or too high the ratio equally hurts.
@@yonghuang6664 and yes no wants to go to private company if a person go for government job their whole life is secured if a survey gets conducted and if private company is giving $10000 and government job with $5000 they will always go for government jobs
What india needs :- 1) reduce the population growth 2) educate everyone who can't afford it, give them skillsets to thrive. 3) modernization of agriculture, by taking control over the land in poor states (this is the only place where govt can have ultimate command, because it can bring in agricultural scientists, engineers and machineries for better productivity) 4) building reservoirs, and enriching the aquefiers, overcoming drought. 5) heavy investment on research and development in the fields of science and technology. 6) investing on renewable energy and building efficient logistics, connecting every major trade points. 7) having exteme control over the bureaucracy, and try create a climate suitable for investments and for better conduct of businesses. 8) conscription of young populace, building discipline, etiquettes, strong and stable mindset.
This understanding of the colonial system is not complete: the key wasn't necessarily extracting income directly from the colony, but having it as a captive market for your industrial goods. That's why we talk of neocolonialism.
@@billcipherproductions1789 Is not now, officially. The underlying dynamic of colonial wages and raw materials for coloniser products and profits has not changed substantially. This dynamic is true within wealthy countries as well, and is growing; globalism since WWII has decreased the gap between countries while increasing inequality within them. This is why the American and European middle classes are struggling while India and other developing countries can have native millionaires and billionaires but not a substantial industrial middle class as developed in the west.
The only problem with you argument is it’s nonsense. Imperial preference as you describe only happened for a few years in the 1930’s and the British attempted to resist it even then. Free trade really was free trade. Ask the workers of Dundee what happened to them when the entire jute industry left Dundee and moved to India in the late 19th century.
@@fantasyfleet Free trade was not free trade. There was not only a policy of trade restriction (restricting trade with the rest of the world for many goods), but generally the central government's policy favored the industrialization of Britain both through direct incentives and indirect investments and the de-industrialization of the colonies in a similar vein. This produced a system of hierarchy and specialization which can then continue on more or less unchanged even if unenforced just by inaction, given the high costs of changing it. Once a country specializes in being poor, it is hard to break the cycle, specially because when they try then the owners of the monopolies on complex activities will kick them down as much as possible
The problem with India is that it has good relations with far away countries but bad relations with countries around it unlike china. It doesn't have any influence on non-Indian people. And also the fact that India doesn't produce any unique products that is dominant in markets.
@@level1selamat155 really, it feels more like pakistan is a Chinese pawn against India. Why should India align with china when china claims an entire state of India and kills Indian soldiers.
Points that you missed - S. Korea, Taiwan and Vietnam were or still are dictatorships which makes it very easy to bring in economic reforms whereas in india due to democracy every government finds it difficult to pass good but unpopular reforms.
Country, vast as India there is no chance disctatoship can thrive. You can see modi, he's one dictator.. I know I know, we are democrat country, I know that. But it's more likely dictatorship and you can clearly see it, even after having a dictator.. it's so difficult to handle so many people with so many different thought process.
remeber when modi tried to remove the reservation system but the people just started destrying national properties like rails a train turned over on it self becoause of that my mother almost died coz she was on there too.
India has low money value ...for example, in Europe a chocolate bar costs under 1 or 2 dollars ..but in India a real chocolate bar of the same quality would be around 300 rs ... likewise everything is costly ...
@@frendzoximeter290 bro seriously..it's a fucking UA-cam channel..with millions of views..and now people will believe what he said about Nepal being a colony of British..and freedom of speech doesn't include..misguidance and false information..
As an economics student this is one of the most important video that in fact every Indian should see , you do a better job explaining these things than my actual chapter on this topic 👏 massive props to you
what?.. how can you say that... he completely doesnt understand wealth creation.... he said that colonialism brought prosperity which is crap... real reason is that prosperity brought colonialism...
Now its time for India to develop comapanies are coming to India for there Factories Offices some Kids should understand this rather than thinking to earn from UA-cam by uploading videos of There games
Main issue is Corruption. You can actually see it within the country itself. South of India which has extremely low corruption seems more developed and economic. Roads, Education, Lifestyle, Cleanliness everything, compared to it's Northern Part, where Corruption is at peak. For eg: You get a driving licence without a driving test in Northern India, but in South you have to pass a proper driving test to get a licence. Such things create a difference in economy and general well being too. The sooner corrupt practices in the country start to lessen, sooner development will start to rise significantly, and at ease.
Yeah so it's basically a cultural thing. We see it here in Australia all the time. The Northern Punjabi Sikhs walking around like their shit doesn't stink, and the Southern Hindus very placid, warm and welcoming. Then they wonder why all these Punjabi taxi drivers get smashed for 'no reason'
Competition and investment is needed . But the governments part is to ensure standards and keep the companies in line because their goal is their bottom dollar not the well-being of their customers or employees.
Like seriously, I don't get how people in this comment section and even the author do not understand that India had a strong government presence, because the first thing to take care of was food. Without food for people all you can do is try to quell them with military power and disinformation, and I doubt the Indians wanted to dabble in either.
Ideally that would be the case. But in reality, no competition and full control of govt officials just means more corruption and sub standard product quality. As for companies not treating employees and customers correctly labor laws and customer protection act exists. Taking an whole industry over for such reasons is overkill. Having a govt owned company is not a bad thing as long as they face competition from private players so they are forced to have quality products.
@@akay4086 The only reason people take bribes and half-ass their work is because they feel they are not being fairly compensated for their work. Competition is a driver of capital growth, not quality. Customers dictate quality in a competition-driven market, but that means there will always be a winner.
Govt key role is to prevent monopolies, then in a free market companies must provide better service or products to win customers. Govt run companies have no such motivation to provide better service or products.
1:05 Calling thr BRITISH EAST INDIA COMPANY to help support a CIVIL WAR would be remembered as one of the most INFLUENCIAL and DUMBEST MOVE in WORLD HISTORY .
You explain this detailed timeline so well. I learn so much from your videos. What initially seem like difficult concepts to understand are made so clear by your well thought-out and considered explanations. Thank you
Victims of abuse often end up becoming like their abusers. This was the case in India. The post-colonial leaders who still remembered British rule were so afraid of Western influence that they stifled our industries and our economy worse than the British ever did. India's economy opened up in the late 1980s and the 1990s as the post-colonial generation began dying off or retiring. As as that generation has lesser and lesser influence on Indian politics,our economy opens up more and more.
Tge Brits ended many abuses that the Indians were inflicting on each other. When the Brits left, the Indian elite went right back to the same behavior.
They were not victim of abuse , India was a thriving prosperous country during Mughal rule. Muslim ruled India as their own, unlike the British who kept aloof and looked down on them. After succeeded in their divide rule agenda, they broke up the unity of India, whereby conquered it, then as usual slithered away leaving people in India to pick up the pieces.
@@jdenmark1287 its no delusion . But its what you would like to portray in order to show yourselves innocent. It's not anything you can hide colonial rule was not very just rule.
Complete wrong analysis, post colonial leaders didn't not stifle economy industry for the reasons your giving, the devastating destruction of India left by the wars and its destruction of its political factions was so great that India has not been able to recover totally from it.
As someone who serves in the military, the Arjun tank, and the HAL Tejas fighter scream of corruption. Developing indigenous tank and fighter for over 20+ years with multiple delays tells me of huge corruption. Arjun was a competitive tank in the 80-s, but its protracted development made it uncompetitive by now. Plus India bought and manufactured T-90 Russian tanks which are below Russian quality, hence the problems with engine cooling and reliability in a tropical climate.
@@rogeralien No idea. T-72 was designed for European theatre, not for tropical climate. However it was widely exported, and performed well in the Middle East, and Africa. Same with T-90. However any tank operating in hot climate must have an air conditioner. Not to cool the crew (Soviet tanks were not designed for comfort), but to cool the electronics. It's hard to impossible to design a good resolution thermal sight for night/ bad weather fighting without actively cooling the matrix.
@@ildart8738 Politicians and their greed are two reason for all our failures. But at least we never had a coup which might have dragged the country into an even worse situations
Excellent video on everything that went wrong with the Indian economy. The blunders of unnecessary controls on the economy by the Indian leaders have kept the country poor despite being rich in natural and human resources. Even today Indian economy is strangled by lots of unnecessary controls and is not growing to its potential. Another big mistake was govt not spending enough on education and health resulting in illiterate and uneducated masses, breeding fast, resulting in a huge unmanageable population. All these decades while the economy was not allowed to grow the population has grown by many times.
I wish hed do a sequel to this video about the issues india faces today and what they're doing to fix it, how they could fix it, and areas they're failing to fix the it
@@arthas640 Basically now, for business and investment purposes, India has improved a lot. What it needs is the investments and inflow of money and technology which could help India to utilize it's vast labour in a productive work, just like what West did to China 30 years ago.
From the social websites or youtube, I thought Indians live a much better lives than Chinese in China because Indian netizens say so, like Mumbai is much better than Shanghai, how many more years China can catch up with India, etc. Many Indians are still saying China is so much worse than India such that Indians don't want to be like Chinese or even visit China. It is therefore shocking to know India is still poor. Can any Indians verify or confirm whether this guy is lying or telling the truth? - A sarcastic observer.
There's also an important but inconvenience aspect of this problem: working culture. I've been to India several times, and I've noticed that the quality of their services are very low and the workers seem less disciplined than other countries. It's like the opposite of Japan.
Did you miss the part when that was their way of getting rid of the oppressors? Probably took a couple of generations, so no wonder these people are not highly motivated. It's gonna sound cruel, but I think you got away easy with the nukes ending WWII, at least the world felt like you needed support to plant your feet again. India was left to slowly wither like a dumpster robbed of any valuable things already.
@@sreenidhikrishnan8332 what he said was completely true. If you can't digest the truth then eat a Hajmola. Have a visit to Japan to see what discipline actually is. He is not bad mouthing our country, he is just stating facts, and one of the biggest reason is the government's negligence to local craftsmanship and handicrafts.
@@Illlium not to mention the bad pr from "Ew roadside shitters toiletless land" and "Ew poor people, uncivilised tribals Ew". We got did extremely dirty.
@@sreenidhikrishnan8332 breathe. To so overidentify who you are with where you were born (which you had no say in, no control over)...and to try to link to any of its success, math or science...as if it means anything about you, is an ego grab. For sure. To get stuck on thinking your country is the best, simply because you live (d) there...is immature at best. It lacks awareness, and a true big picture view. None of us is special, due to where we were born. That’s a fallacy, an ego game. We cling to things like that, in order to feel significant. You’re human. It really shouldn’t increase or decrease your value, depending on where you came from. Now...on to the claim that “India is the country that has contributed the most to the field of math and science”. First, there is not one solitary “field” of math and science!! There are various fields, so many different disciplines in the FIELDS of math and science. Next, that’s a preposterous claim. While India has indeed contributed to various disciplines within the fields of math and science...to claim its the country that has contributed most, is myopic and obtuse. Many countries have contributed. The wisest among those in specialities collaborate with others to expand upon and increase their knowledge and skill. Many countries have incredible contributions, which have been the building blocks for others (often from other countries) to further disciplines along. No man is an island. Rare is the country untouched by influence of others. It’s like a multidimensional, multifaceted web of connections. To make such an arrogant/ignorant claim...is to be childlike and trying to make things simple in order to make sense of complex things. Your paradigm is informed by deep biases and narratives...with ego at the center. I challenge you to challenge your conditioned thinking...examine who you are (you aren’t your country...but merely a human, a spiritual being, who is grasping to limiting concepts). Reach beyond the self sabotaging thinking.
Nepal and Bhutan were never a part of British India but rather allies. Nepal and the Raj also signed the 1923 treaty recognizing Nepal as an independent country. Nepal militarily intervened in the 1857 Mutiny aiding the British. Nepal also actively sent troops in the Hyderabad action, as per several historical evidences even after India gained independence.
I mean the English occupation rerouting India's production away from food for themselves and finished goods, and into raw materials and cotton and other such stuff that the english could take and sell on didn't help india's financial situation either.
Correct,the British are indeed a reason why India became poor. However it's continuity is solely responsible upon the failures of our political and economic decisions of the past.
One more point to be added "why elites are more previleged in India?" My pov is they are investing in the political parties for their win. India needs control in elite more than ever. Very good video with to the point facts and logics . Hope you create more insightful contents on india like this.
before election elites helps politicians in campaigning by funding money and after winning political government helps elites by providing access in india
Ty for the upload on independence day
Kudos to u 😊
Happy Independence Day 🇺🇸❤️🇮🇳
@@nicoislazy Thanks! :)
India is not poor.
@@kaushiksheshnagraj7176 India is as of now at least,a lower middle income economy.
There is absolutely nothing to get offended about it,it's a truth we face as a result of the economic and political failures of our past,that we must ensure not to repeat and learn from.
@@krapto3467 yeah but generally asking poor countries mean the one which are low income countries
India is a middle income country, specifically lower middle income so calling poor does not make sense in my opinion.
Anyway let's see hoe things play out this decade is very important for us if we don't succeed we are dommed.
I feel like almost every conflict in the world nowadays has something to do with Brits….
No it’s political corruption.
@@lindamazzella1295 tell that to Indians and Pakistanis
Because it's true 😂
@@chrisclark719 partially. The british started, bad politics worsened it
Even israel palestine issue, Taliban issue every conflict had brits involved in one way or the other.
Being an Indian I have a very strong feeling that whenever we talk about Indians/Indian history/Indian economy & developing programs, we always blame British & our political leadership but never blame ourselves that we are responsible for it directly. British came in power because few people wants always on the throne and allowed rest of Indian to be slaves then politicians wanted always in power and make slave again rest of Indians. Look at us in the 21st century we r still voting 🗳 in the name of caste creed and ironically those old government still wants us to vote for them.
India is a faster growing economy that China, and China will be the number one superpower after a few years. I feel after China, India will be next. I really believe the caste system needs to be abolished for India to advance.
@@ousarlxsfjsbvbg8588 enthusiasm matters which we lack...we dont need to eradicate caste sytem for that...we should think how to uplift lowerr class and grow with them...and then talk about
@@kashitakhalate9116 What seriously? Even if they become economically stable they still would have an inferiority complex in their own society. Abolishing would make it better for all and could result in equal education and placements.
@@gokulbalagopal1680 Your views are worthy of appreciation
@@ousarlxsfjsbvbg8588 best joke of the year😂😂😂
"Democracy is like a gamble. If you get a good ruling party congratulation.But if you don't nothing can help you become a better country"
Summary of indian Republic over decades.
So the politicians are the bookies and the people are the gamblers
And the bookies can sometimes rig the horses
And like gamble some outside forces can influence the outcome
What you say is quite true but this is also true that democracy unlike a monarchy or dictatorship is a gamble where at least the gambler can influence the outcome as well
Good authoritarian is best form of goverment, Socrates said. Democracy is just middle ground, it's not the best nor the worst.
@@bunnyfreakz agreeable but good authoritarianism rarely comes last I can maybe remember is Charles de Gaulle maybe or ataturk
This was so informative. Really liked it!
Nordic countries: Takes the best from capitalism and socialism.
India: Takes the worst from capitalism and socialism.
*oof*
There is no best in socialism. The Nordic countries don't use socialism. They just have a large welfare
More like social democracies
@@queenapryllm8454 None of these are democracies, the people do not vote directly on laws.
@BonsBonsMans You mean... a republic?
Representative democracy is a bullshit term that butchers the original latin term.
@@fordgtguya dictatorship can also be a republic ex republic of Cuba, people’s republic of China etc. but a representative democracy means people vote for representatives who make laws for them and our democratically elected
In short, before 1992 India was closed economy because fear of colonization. But after 1992 reformed. India opened for World. But people still have fear of privatisation.
It's 1991 isn't it?
@@prajvalrao4871 yes , my mistake.
@@facts3977 whats prblm with privatisation?
@@facts3977 pls explain
Privatisation means its just giving privet companies for leas ,not selling ...don't worry .search about it and find it ....
The problem with India was that we continued to live in colonial hangover for much longer than needed. We were always afraid of being colonized again. The fear was so high that when USSR collapsed, as a small child I was deeply paranoid. The way elders used to talk, it seemed American bombers were on their way to bomb us. We could have grown like S.Korea and Japan with correct economic policies right from day one.
Paranoid of America!! Why would America do that!! What!!!
@@napolien1310 Talking of cold war era in my childhood. We were raised back then hearing Soviet propaganda.
@@napolien1310 that's how Chinese feel every time they watch American news talking about china agrressions 🤡
Maybe one day, just maybe, we will trully know how to see things from the other side, and how people see what we do and take it into consideration.
@@abhijitkhopkar1500 : it were the Russians who stood behind India when it was being bullied by USA during indo pak war of 1972
@@123xyzabccba Yes, but their economic policies were suicidal and led to practically no growth in first 40 years of independence.
India was one of the wealthiest regions of the world during pre-colonial Mughal rule because the land was fertile, the population was high, and industrialization didn't exist yet. These so-called GDP estimates are based purely on its capacity for agricultural production. Doesn't anyone remember that 95% of the pre-1800 population consisted of farmers?
Yeah, that was a time when your economy was almost entirely dependent on agricultural output and India's was so great purely thanks to geography rather then policy or anything like that. Their economy was actually pretty inefficient really, when the British started the industrial revolution textiles were some of the first things they industrialized and in a matter of a couple decades they were able to out produce India to the point some previous textiles India had once monopolized were being produced by England in larger quantities using a handful of unskilled laborers and a couple factories while India was producing less with an army of craftsmen that needed a lifetime to train. India was if anything more advanced then England for centuries but rapidly fell behind in large part because of over reliance on agriculture and over reliance on cheap labor: as mentioned in the video why would they invest in expensive machinery when you can just hire a hundred laborers for less? China had similar problems, at one point there were Chinese filmmakers who would hire people to stand around holding lights because it was cheaper then renting an expensive opposable light stand.
😂 still yapping about your fake history 😂 live in the past jeet 😂😂
@@arthas640 are you this uneducated about your own history? The only reason India stopped being the trade hub for textiles is because the British broke the hand weavers thumb, imposed tarrifs on them and took the raw materials from India back to Britain. The industrialization of Britain was done by the de industrialization of India. They stole 45 trillion dollars in today's money back then. Why don't you educate yourself!
@@Konomidebanshouwashikisesur
How did britain conquer india so easily in the first place? India stagnated as Britain hit the Industrial Revolution, after Britain had substantial economic dominance due to this they then looted India to expand their markets further
@@dsan8742 infighting, bribes, etc. they stole trillions of dollars. It's not up for debate. You can search it up anytime how the British de industrialized India for their own nation.
“You should never half-ass two things, whole ass one thing”
-Ron Swanson
@@thetrickster9885 you truly live by your name...
@@baulderos1950 I'm happy to spread my valuable piece of important knowledge.
Fellow parks and rec fan
A True exceptionalist.
🇨🇳🇮🇳
This video gave a very dim picture of India's future. The only thing it misses, is the terrible corruption practice of the government officers of all levels, from federal to state. Without the elimination of the corrupt practice, it will be difficult to attract investors.
Corruption is the most difficult problem to get rid off and I was born in one. I always thought that we can never win. There is a bright side. China and Vietnam were extremely corrupted like Indian. Today they choose to correct the problems. In China and Vietnam recently they put to death the most high ranking and corrupted officials. They send out a strong signal that no one is immune to that. So far it works. In the 70's Korea was extremely corrupted. Look at them now. It is encouraging!!!
@kb The only way is to abolish the British political system. All you hear is the fighting between the politicians for their jobs. They never think for the people. You need a revolution or the incarnation of Sri Vishnu.
@@sunshine7453 yeah right just like Stalins Great Purge none of the actions mentioned by you were power consolidation by a totalitarion dictator :)
It exists everywhere....not only in india..
@@yashshukla9590 Yes, just like Covid19, India was only second to the USA in death toll numbers. Corruption is worst in India.
Heres is the answer. Politicians keep all the money to themselves.
yea... lol , our state politicians pockets most of the funds and then builds good houses , if anyone sees good beautiful houses here , youll always be ryt that its build using black money .
They send their children outside to study while roads and infra worsens more and more , nepotism and corruption makes life miserable. Its also common to see lots of newer suvs which is dedicated towards officers , everyone vies for government job and theres no other job here then this , private jobs are non existent only tiny sme business can be found .
what a sad life !!!
Nah that true for every country
That's socialism for you
@@mikolowiskamikolowiska4993 someone who doesn't understand socialism, "that's socialism for you."
So the same case for other SEA countries Pakistan, Bangladesh, Nepal, Bhutan and Burma.
A very well made video. Kudos to the whole team!
This is a great video. I'm from China and we are very curious about Indian culture. In ancient times our culture was partly influenced by Indian culture probably through Buddhism. India and China have a lot in common. Both are large countries with large populations; both are old countries with splendid cultures; both used to be affected by western invasion; both used to be very poor and have a lot of people to feed. I hope China and India can settle the territory dispute peacefully and join hands to develop together.
---------------------I am currently studying in the U.S., so I can definitely use youtube.
But today both hate eachother because of CCP's expansionist ideology
This is a really encouraging comment from a neighbor. Thanks . We love Chinese people too, not sure about the govt though 😜
@@yuribezmenov9257 strange coming from a person living on stolen land after killing all thr natives. U.S.A , new Zealand and Australia were all built on stolen land.
@@TheAgentOfDeath I am Indian , and this guy in my profile pic is Yuri Bezmenov , he was an ex-soviet agent , search about him on yt and watch his interviews 👍
@@TheAgentOfDeath Oh so sinicization?
I lived in India for over a year and encountered a great deal of corruption. Until that gets cleaned up properly it will be hard to progress beyond a certain point.
@@invinsibleviper6799 He's not wrong about the corruption tho. Modi did his best to curb corruption but sadly its a very systemic issue.
@@invinsibleviper6799 Yes your GDP is the 6th largest, but look up GDP per capita. The UK has almot the same economy with 65mil. people like India with 20x more people. So there‘s the proof that India is still dirt poor. Inform yourself about finances and politics before posting bs.
@@шбууврудхйгшслдя bro copy pasting the same comment in every comment reflecting positive side of India 🤣
@@шбууврудхйгшслдя 😂🤣 u clown . India is the 5th largest economy of the world and will become 3rd largest economy by 2030.
@@Blazee2897Satyapal Malik had already said that Modi has NO problem with corruption 😒
Because indian leaders thought only doing agriculture is enough for india . They didn't think privatisation, industrialisation and capitalism will do any good.
How bout giving free education and free healthcare. But we can allow private companies.
Main reason democracy+ so much diversity
@@knowledgedesk1653 Nah. Democracy or monarchy or oligarchy has very little to do with economic development. What matters the most is what economic system are you applying. Also depends what kind of leadership are you having. Why didn't china grew for nearly four decades ? Just like that india didn't grew economically for about 5 decades because it was closed to the rest of the world. Also india doesn't have rich country in it's neibourhood like China had to invest money and to trade with. Japan, SK ,Taiwan ,HK all were there to.manufacture there goods in china and sell them elsewhere. India had leadership which absolutely deposed rich and saw them as if they are problems but forgot that those Rich's are absolutely crucial to develop any nation. With time grew population grew with poverty and other kind of problems.
@@bulu9214 Please explain how the rich are crucial to the economy, I don't get it.
Are you trying to say that they bring in capital to invest so they're needed? Because that's the exact same thing a country can do without the rich.
@@Illlium the govt are incompetent.
It can't manage buisness
Having loved history and geography since school (I'm 54), I have a soft spot for India, beautiful country, beautiful people....at times, bloody history!
Excellent video! 👍🏻👌🏻👏🏻
Go visit India, stay a week and I dare you to type that again.
Have you been here?@@CharJuz
@@joyt841 yes muntah
@@CharJuz were you rap*d?
@@CharJuz Bro think before you speak india is one of the countries having most kind and friendly people....if you wanna see development so visit cities like banglore, kochi, Ahmedabad, Pune, Chennai ,gurugram, Noida, entire mumbai metropolitan region having cities like Mumbai, thane, navi mumbai, vasai virar etc...... don't judge entire country only by Delhi
21:55, says US goods, shows weapons of war. Couldn't be more accurate
I was thinking of Trumps ambition of selling Harleys. And I'm sure he wasn't thinking of selling them free of cost.
Except the pistol and tank shown are definitely German, from WW2
We call em’ Freedom Boomsticks here in the States.
Makes it sound like all Americans profit....only .0001% do.
Seems like this is how a British shows his nationalism.
Don't give up, India. Keep those economy reforms going. Make as many people as you can prosperous. This way more indians will have more to lose and the government will be more accountable. You are a beautiful country with marvelous people. I pray you will overcome all of your obstacles.
thanks a lot. God bless you for your kindness. I'm from india
We will
@XENENEX Ironic, because other European powers colonised Asia as well.
@XENENEX It’s sad that instead of improving India, you wish to run away and be happy somewhere else. Well, you do you…
@@weltschmerzistofthaufig2440 well, if you were born into a high income family in an extremely poor nation with low quality of life, would you tolerate it just to be loyal to the motherland when there are much more promising futures elsewhere? To be fair, even if he stays in India and contributes to it's development, he would be dead before he could reap it's benefits. So essentially he would just tolerate a low quality of life just for a better life for his future generations
I remember in the early 90's my mother hiding my Nintendo from customs as we flew into India. Customs would make us bleed if they caught us. Thankfully that's not the case anymore 😂. Great video
@Ankit Tiwari meaning, 25-30 years ago if the police at the airport saw you had some expensive foreign goods, for example, a new video game system from England/America, they would make you pay a lot of tax! So much tax, it would be better to throw the video-game then have to pay so much!
@@viklondon3466 but why ?
@@jalk12 cause of custom duty. Socialist countries did this to encourage domestic companies and most people couldn't buy foreign goods. When that duty is reduced and trade is liberalised it is meant country is participating in globalisation now
@@ShubhamMishrabro Import duties are _protectionism,_ not socialism. Communist countries and capitalist countries alike pursue protectionism when it suits them without regard for ideology.
@@alexv3357 you don't understand. Most socialist countries used tarrifs and high duties to neglect competition at absurd rates like having 90 percent tax rates. And i know that's how socialism but how that's how most socialist countries worked
FYI, Nepal was never british indian colony.
it was never a british colony
“Adult tentacle entertainment”
Marvelous
🤣🤣🤣
Cultured entertainment.
"Adult Entertainment System" lol
But how does that relate to Japan having a long coastline🤔
@@mrinmoybanik5598 sometimes they use the long coastline as the background for their Adult Tentacle Entertainment.
Taking the GDP per Capita of the US and applying it to India is a bit absurd. The average developed nations has a much lower GDP per Capita than the US. The US's data is inflated due to their currency being the dollar.
the average does not mind if the wealth is concentrated into few people.
That's why we should use PPP
The purchasing power
@@Twocat5side PPP doesn't account for overall value. Indians cannot produce chips nor can they produce other high end valued products due to limitation in research.
@@ultorgaming7975 Indeed,China liberalised in the early 80s.
India under Indira gandhi's dictatorship decided to give more power to the economic system of command and control,....to fix the failures of command and control.
The Gandhi family's continued political power after nehru is the worst thing to ever happen to India.
Purchasing power parity also matters when trying to gauge the level of prosperity, 1$ can buy a lot more in India and China compared to USA and hence if India and China achieve to make it into the lower end of high income then they are effectively as rich as western nations if not more
Without correct radical reforms in its systems (judicial, education etc) the country will take way longer to become developed or may never become developed.
Even though indicators show us that the country has a bright future but I am very skeptical about that, given the problems that still plague the country.
they poo on the side of the road
"Radical reform" - quite a way in saying what it actually is: a revolution. The current stakeholders though will do everything to maintain the status quo; it'll be even harder among those who want changes to reach a consensus on what degree they have to go, how to realize it, and what shares people should settle on post-revolution - which means you have to go through much infighting first. Nope, not gonna happen anytime soon - unless unforeseeable calamity brings majority of the population together.
poo on the loo
give it 100-200 years. Again india will be forced to develop as the world becomes even more globalized
@@somerandomguy7458 will be left behind tho
1. The ruinous cast system
2. Corruption
3. Repressed minorities
4. Not taking any responsibility
For all the haters: here are some facts about India.
1. India is a wonderful country!
2. By far the cleanest country in the world!
3. We don’t scam people. It’s a myth.
4. Rape is almost nonexistent.
5. Corruption is even lower than Scandinavian countries.
6. Street food is the most delicious and safest to eat in all of euroasia. (Yes Asia and Europe are the same continent.
7. The streets in all India are very quiet and pleasant
8. English speaking countries are jealous of our accent especially Americans. Indian English sounds identical to British English and Indians do not sound like they have a hot dog in their mouth when they're speaking it.
9. The water from the Yamuna river is safe to drink and very tasty. 😋
10. India was the most powerful nation in military and riches. No other nation could outmatch it. Until this tiny island from halfway across the world conquered us and stole 55 trillion dollars from us. (We demand reparations immediately!)
11. White western women go crazy over Indian men. We are their fetish.
12. It is everyone’s dream to come and live in India permanently especially people in the western world. The world is jealous of our clean and safe country! 🇮🇳
Disagree with #3
@@julia2k8JAI HIND
@@julia2k8 This video is about overall economical decisions and their effects in the nation , so no need to get offended , this is just an analysis.
Im not indian but it's fun learning other countries history. Love from the Philippines 🇵🇭
Ph economic structure failing
Very strict to investors.
@@a.c6761 Bro...No offense but Phillippines is better then india...
🔵SERCH ADITYA RATHORE-HE ALSO MAKES JOURNALISTIC CONTENT LIKE HISTORY SCOPE
🇺🇸 ❤️ 🇵🇭
@@jonathangalindo3184 No not really, we have the same protectionist policy like India that makes hard for investors to invest in us, as well as becoming self-sufficient in terms of food infact we have natural fertile soil and right climate that suits for growing crops and veggies BUT yet high prices are still very very high at the same time farmers suffering from monopoly just as what Indian farmers had suffered because of greedy elites.
Nepal does not have independence day like India.. It was never fully invaded by Brits though it was influenced. But great video. I hope India becomes a good powerhouse but it will take a lot of effort and work. Good luck India!
Ain't gonna happen.
🇨🇳🇮🇳
@@WoBuXihuan idk my guy India and china has a bad relationship rn
@@MysticalStd its between politics... And govt and not between common people
@@daretoplay8917 Agree!
Many indians in ChinaVSindia videos create fake chinese accounts just to say that india is better than China. Such sad people lol
08:04 bad weather in the 1940s causes starvation in India ? No sir, it was British PM Churchill who behind the femine in west bengal
How do you cause a famine though? Asking for a friend
@@nexusartemis5599 well he forcefully took all the crops and starved bengal to death,same think they did in ireland
@@Glowupdevil wow why don't they teach all this in British schools though they deserve to know it don't they, it's not thier fault but I feel like they should know
@@nexusartemis5599 nah let them report poverty in India
Its OK lol
You are illogical. India has a monsoon tropical climate that has wet and dry seasons. The wet seasons sometimes bring delayed rains or they don't come causing drought.
I am from India but I think no one can explain better than you about our econamy. thanks for this video I learned alot.
"And to this day, some of the most powerful people in India use their influence to block reasonable economic policies in order to enrich themselves".
You just summed up a *lot* of countries' politics.
India and Africa are still ran by the Colonial Master that destroyed there encomic system, education,trading market it's crazy how this can happen
@@icebergslim3737 India is a nuclear power. So, no foreign country dictate India. India is still poor because of bad economic policy by Indian government itself. India should follow free trade policy like East Asia countries, and not protectionism. East Asia economy grow very rapidly after independence. There is no poor country in East Asia, some are rich, some are middle income countries.
Low quality people liberally played democracy; times invasion accumulated global garbage ideologies to have damaged too many people in low quality.
Basically, greed.
Yes, you are touching the root cause of the problem in India and capital dominated countries; which is why that China is able to develop quickly. It is state owned economy in dominating economic activities, such as, farmers permanently own land in number but it is movable in location according to the need of social development. The other countries, includes India is rigid in dealing with such issue.
Why India is still poor?
Direct Answer: Because of excessive corruption in every spheres☹️
Because of politicians bribing
Hmm really
Brits spent 90% of revenue on administration and military. Before them East india company used Indian revenue to purchase local goods at dictated low price. Sold it in Europe and kept the profits. That's basically robbing us per year and expecting us to thank them for it.
Bad leadership I mean we had leaders like Patel and Bose and end up with Nehru why? Thanks to Gandhi and I hate how he add British version but fail to put Indian version as how British was weakened after WW2 thanks to Hitler and by not having enforcement and control all India had to do is push on them and to save face from defeat like what happened in America they give us independence.
Our CM of the state is giving free rice and money for no reason instead of creating jobs. It's may be good for the political party to gain votes it's disatrous for economy. Also insteading the opening more school it's closing small ones and forget about job creation .Dumb retards
*Just one problem...a country can never get rich from agriculture alone*
Just look at the dutch or new zealand.
@@gray3508 the fundamental difference being that the Dutch and Kiwis have less farmers managing large farms. It's the exact opposite in India.
Australia did, before its mineral boom. NZ did, before its tourism boom.
True, poor rice farming Vietnam fine example
And who told you we are only doing agriculture 🤣
they're poor because nobody redeemed google play gift card... rip
Democracy fail in India
---
**ALL REAL REASONS WHY INDIA IS POOR**
---
**1. MARSHALL PLAN: U.S. AID TO EUROPE, JAPAN & KOREA, BUT NOT INDIA**
**- $137 Billion to Europe, $23 Billion to Japan, $13 Billion to Korea**
*After World War II, America provided this aid to rebuild its “European brothers” and allies but ignored India*
---
**2. INDIRECT COLONIZATION THROUGH DOLLAR**
***Loss: $1 trillion***
*Explanation too complex for a single comment*
---
**3. FUNDING TO PAKISTAN FOR WARS AGAINST INDIA**
**- 4 Wars with $100+ Billion Loss of India**
*Funded by USA (and European interests) to destabilize India*
---
**4. LIMITED RESOURCES AND LAND**
**- India: 2% of World’s Land and Natural Resources**
*Europeans occupy 50% of Earth’s land and resources*
---
**5. COLONIAL EXPLOITATION**
**- 200 Years of British Colonization**
***Loss: $45 trillion***
*No further explanation needed*
---
**6. 50 YEARS OF CORRUPT NEHRU FAMILY RULE**
**- Decades of Mismanagement and Corruption**
*Corruption and nepotism led to significant losses and poor governance, hampering India’s growth*
---
I hope we can see India becoming a rich country soon, it has SO much potential
Thank you 😌🤗
100 percent that India will be super soon cause of empathy and circularism though. I have no doubt.🙏 Namastay
Yeah please India I want to immigrate to help the Industrialization
Receive me please India and just give me heroin
India's literary rate should be more than 95% then India can be rich
I remember seeing an interview on the news a long time ago, like in the sixties, this guy in India had said "any government in power in India is like putting a cork on the sea."
For a year I was part of the Indian economic growth, I was training programmers in Bangalore while working for an American travel company. (I'm Polish)
American had been scamming Indian Tax Payers for years . The Classical Case of the US own Union Carbide's Plant gas leak at Bhopal. What a big Scam ? Indian Public bought Union Carbide before the case being settle. Guess who the PM and the Cronies are when Union Carbide is officially own by Indian ?
@@YenzikovALCherasLegend Why do you guys think that world's geopolitics is governed by a single event/ conspiracy theory 🤦♂️
Garbage programmers
@@AyanAli-py7ci Funny that a 'Boomer' from a garbage cult should troll others as such.
Thank you. I love polish people 💓 because of their past.
Because here people make babies to show the society, they are not barren. They raise babies, so as they could help them in old age. They brain wash children to take jobs, which make their parents proud in society. Never follow your own passion. Doing your own homeworks like cleaning, cooking and repairing is a low caste activity, so it must not not be practiced. India is poor because you are not to express yourself, if it is conflicting older people and century old customs. And, you must never listen to the young ones because they always blabber in high adrenaline state, without making any sense.
me when i was 16
Same thing happened to me, I was forced by my parents and relatives to study something which i never wanted and now they are forcing me, to stay at home and prepare for govt exams rather than working in a private firm.
Indians should learn to work with each other and learn about exponential growth: 1 2 4 8 16 32 64 128 256 512 1k 2k 4k 8k 16k 32k etc... If you fold a piece of paper 1 mm thick 10 times it will be 1 meter, 20 times it will be 1 KM, 30 times it will be 1000 KM. Indians should focus on improving productivity, and never buy or sell products only for vanity.
it always surprises me how little India has changed culturally. When India got independence South Korea was still a 3rd world country, China was as isolated and as backwards as North Korea is today, most of the Nordic countries were still pretty poor and backwards, and Germany and Japan were devastated by war and still reeling from insane indoctrination. Nearly 80 years later and they've all catapulted themselves into first world nations and India still struggles with the caste system, large parts of the country look the same way they did a century ago, and even the more developed areas are more like Victorian Europe then a modern Asian country where you'll find rag pickers, child laborers, and people pooping in public within walking distance of modern office buildings.
@@arthas640 and india didn't open it's economy like china and korea that was the essential difference if india had opened it's economy and not followed socialist economic policies it would have been successful
Thanks for the interesting talk. However, I am surprised that you made no mention of the rampant corruption that perfuses all levels of Indian society. That must put something of a drag on the economy.
I think Indian corruption is so rampant that anyone who's on the internet knows of it so mentioning it would just be stating the obvious. I could be wrong.
I think corruption is often rather a symptom of underlying problems than a problem by itself. Maybe that's why it wasn't mentioned in the video?
@@jeroenska. Indian societal system is done. It needs revolution like western, soviet and Chinese society.
@@chiluxr250 Please not Chinese society 🥴, first they erase their own history and then relearn some non sense from CCP
@@jeroenska. corruption is symptom of what?
India is poor because we still blame colonialism yeah it was bad and horrific but you can’t blame colonialism anymore . Very little progress only corruption after independence.
Yes of course our miss management is the reason we are poor.... Robbers and Bandits (British) needs to return that stolen 45 trillion....
Why can't we blame colonialism?
So you are saying leave the rapist be, don't blame the rapist...
Blame yourself and keep those bastard child!
@@theerdalavignesh4443 yea
you can't blame forever
@@clauaome25 Yes we can, just because you say we can't doesn't mean we can't.
You guys are still racist, so since nothing changed really, we can blame you.
The pain of loosing 45 trillion and millions of dead bodies, country becomes countries.
Untill half is returned with interest, we really ain't forgetting shit.
Just the other day, in century, we changed the so called Kingsway New Delhi to Kartavya Path and the monarch died..
@@Waltuh5775 *problem
3:12 Nepal was not part of the British Indian Colony. Nepal and the East India Company signed the treaty of Sugauli in 1816 after a two-year long war which allowed a British resident in Kathmandu thereafter. However, Nepal continued to have its monarchs and prime ministers as before after 1816 as well . Then, Britain and Nepal signed the Nepal-Britain Treaty of 1923 recognizing Nepal as an independent country. This was registered in the League of Nations in 1925.
Wow yoor channel is one of a kind. You explain it all so nicely...Kudos Man
The army of the british raj was not an all european force. For reference , in ww2 the British Indian army was the largest all volunteer army in the world with more than 2 million soldiers. This huge colonial army was used by the British in Afghanistan , Malaysia, Middle East and Africa for their colonial adventures. You appear to be are underplaying their role in the first part of the video. I think it could have been worded better
Well white supremacy is the worldview of the world. As they say the victor writes history. And napoleon said. History is a lie agreed upon
@@MasterHaloOne History is not written bY the victors . We have historiography for this purpose.
I guess its needless to say cuz all the colonial countries were part of British empire...
so in history they were British Army with different origin
@@riyazknightnebulous which is full of propaganda just like this video
@@riyazknightnebulous Sorry to break it to you, but the victors are the only ones left that can leave evidence behind, that's what it means. If i shoot an animal and destroy all remnants of its body, the animal can't tell anyone i murdered it and there's no body for you to learn exactly how i did it. That's why a lot of colonies that experienced genocide have almost no history left unless the killers document it themselves. Erase the language, destroy the artefacts. Done.
Finally, a clear and reasonable presentation of contemporary India socioeconomics. Outstanding work.
Lies again? Injustice PS4 Ice Pop
Tentacle Weekly, Raven vs Starfire. Ah, I see you're a man of culture as well.
we not rich because we speak non Indian language and even this video is being watched on a western platform. but that fact that we were one more rich than anyoen ever under our banner just makes me feel happy. everything is temporary and kings of today will soon be slaves of tomorrow.
Indians were never rich, the resources of you country was. India was a rich country not indians.
3:13 You got it wrong mate!! Nepal and Bhutan were always independent countries and never colonized by the British. That's why we don't have/celebrate Independence Day.!
He also said sikkim was a country lmao
@@sirex__8931 they were never truly independent, they were functioning under british security umbrella...and sikkim was a independent country before merging with India
@@kiranshetty3396 I always thought that sikkim was a part of nepal that was lost to the british after the anglo nepal war and nothing more, I might need to look more into this
@@kiranshetty3396 Go and listen what this chump said on this video, he said 'colony' and Nepal was allied after British-Nepal war NEVER a colony. Get your fact right or listen carefully.
@@kiranshetty3396 sikkim was not independent, it was a part nepal before Anglo nepal war. And nepal was influenced by British rule that's it. It has always been independent.
Corruption is a hindrance to the progress of any country. You just cannot say it.
Corruption is at the foundation of every failed state.
Why can’t you say it?
You just did!
YES!
You can't say it if you are there.
25:11 "They will become a strong independent country who needs no trade partner" you go girrrl
Every noisy angry feminist ever
Ya, Because of the ultra Socialist mindset of India's former leaders, led to India remaining a poor country till now.
@android appdev I agree - countries have only succeeded through free market capitalism (except Scandinavian countries, but they're not really socialist either)
@@prajvalrao4871 With regulations.
Also Oil.
@@freshbakedclips4659 every incel ever
SAAAR INDIAN IS BEST MY FREND
Spotted the Jew
great perspective
as an Indian i can't say its fully TRUE
BUT I CAN SEE YR WORK
😊👍 I APPRECIATE IT
@Crab Nebula Indian map
@@Raja.69 that's not that big of a deal he just didn't show Pakistan occupied Kashmir
@@nexusartemis5599 Occupied
@@Raja.69 sorry I fixed it
man, i love his channel. it makes everything so simple and easy to understand
The whole research work was great, thanks for the video.
India is poor
This UA-cam didn’t do proper research
@@bhanumata lmfao😂😂
Its poor today growing at 6 percent but by 2050, third largest economy in the World.
@@bhanumata Then please do one, record it and show us you can do a better job, thank you.
Wow, agricultural REALLY a very high profit sector. For sure. Especially when there is restrictions on food based on chemical fertilizers. The cost for farming way too high for organically grown. Most Indian farmers use chemical fertilizers just like Sri Lanka farmers. It's hit the farmers when the government start the 100% organic reform while the farmers heavily depending on chemical fertilizers. Profit for agriculture already little from the very beginning.
And every rich countries try to produce own food to prevent famine at crisis. For example European Union has high tax for non-european food.
India: being rich and resourceful
The British: *Hey*
@@thomasxl3975 what does blaming the British on the internet have to do with India's wellbeing?
@@lecrunkmen8825 It's not just the internet, it's widespread. Blaming people for your misfortunes won't actually help your nations
@@thomasxl3975 I'm sure India is trying although still hating the British lol
@@thomasxl3975 the Indian and British militaries have started working together so I don’t think they hate each other *that* much
@@thomasxl3975 British colonisation still affects India today in a negative way, just how it affects Africa negatively.
Hey history scope, ever consider making a video on Ireland’s struggle and eventual independence? Loving the videos!
finally someone really understood India's problems & shortcomings... a very fine & constructive criticism must always be respected...
The very first thing I want is for the creators to fix the map of India. I request all the Indians watching this video to bring this up in their comments. If you want Indian views, you need to project India's views.
@@clicky3628 These videos are made based on research. If he is making a video on India, how can he get it's map wrong? Also, it is a constructive criticism. It is sad that millions of people (mostly Indians) watched this video and no one bothered to bring up the map.
@@ttaushubro we lost those territories long ago at this point it meaningless claiming it
@@ichwilllebensran2199 maybe for you. I listen to people like you talk and realize what was in Nehru's mind when he gave up Aksai chin. Do you know that India did not have a border with China during independence? They did not let it go and they will not let it go. Do you really think, I mean are you that naive to think Pakistan or China will let you be and not claim your territories if you let it go? Remember Kargil? Remember Galwan?
@@ttaushu Bro's mad he used the UN recognized map, deal with it that other countries don't recognize the same thing as your own. As a Korean I wouldn't shout at someone for including the Liancourt Rocks in Japan because it's a stupid nationalist way of handling things
Thank you ever so. Your presentation is flawless, providing an excellent overview!
The use of humor turned an otherwise, history lesson into a dynamic video, entertaining while content full.
Excellent!!!!!
The irony of Indian social system for centuries has been, that Power, Money and Knowledge should exist only with the few not the masses. The British exploited this system very well to their advantage. Although the buying power of people of India is much better compared to the past, but still even today there are a handful number of crony capitalists who control everything in India. As a result corruption levels in India are one of the highest in the world.
Systemic Corruption existed in India pre-1990's and 1980's and even in those time it was one of the highest in the world. In those times, India was pretty much totally Socialistic with Government owned companies controlling more than 70% of all big industries and businesses. Crony Capitalism or Crony Socialism, both show their adverse effects on Common people. Let's take a balanced approach here.
@Jar Head poverty is destructive of all rights.
Formal Freedom without good living standards is useless.
@@hifriendocutefriendo7075 no other society developed an ingrained Hierarchical class system like India.
Even today with much liberalisation, caste system is very prevalent.
@@varun2250 pre-liberalised India was as much "socialist" as North Korea is "people's republic".
@@darklord7069
May be you could start tell how your 'rock' remark without any explanation is more credible than many points raised in this lecture.
That is the most accurate and least patronising account of the subcontinent’s economy ❤️
Great work and Great video!! Could you do the same with other countries like Egypt or Spain or anothers please??
"Why is India poor?"- being an indian i've often asked wondered this question as well.
How could we, a vast, resource rich, diverse, and relatively large literate and educated population, be so backward compared to our contemporaries in asia like China or japan? We didnt even have any major conflicts on our soil, or any major civil war, or have our cities flattened or anything like that.
It is quite clear that despite many of our initial advantages, our leadership has squandered it.
Though kudos to uploading this on independence day, this is a good wake up call for all of us.
Bullshit it's all goes down when British ruling india for 200years stealing almost 45 trillion 😑 this foreigners will never mentioned
@@destroyer2509 gotta blame the Brits even after hundreds of years of them leaving. Totally not because of a cesspool of shitty cultures and mindset.
@@destroyer2509
That's clearly rubbish, India has had over 70 years to get it's house in order. For example China Germany, Japan are the three largest economies in the world.
And all after 1945. That's not to say the Empire had no effect, but effect could be both good or bad and anything in between.
@@arigon55 that is an utter nonsense.China had all the problems you mentioned,(culture of corruption,large countries,etc) and they are rich.
The reason is because of severe underinvestment by the government on raising human capital,with 1960's China investing significantly more per capita on their population compared to post reform India despite having less gdp
@@arigon55 so dumb argument.
There are larger nation's larger than India . And they are doing better .
Small countries often fails to defend their interests on international stage.
So NO to your dumb advice
India do need reform btw
I like it how Hentai is basically advertised as Japan's product. well, it's not too far off.
Hentai is advertised as a Japanese product because Malawi is a poor country.
@@idkatthispoint-s9s Reiki and Zen meditation is advertised as Japanese because India is a poor country (ppp India is 3rd largest in the world).
@@dr.harshitjain6410 Well, GDP per capita matters for most part though...
@@aelardiz yes right
@@aelardiz our gap was 3 or 4 highest
This is one of the best videos I saw on Indian economy and is an eye opener . Your analysis of the major issues and possible solutions is surely one of the best I have come across . Your methodical discussion of the topic makes it easy to follow and grasp all the nitty ,gritty and also enjoyable . Kudos to you!
India is rich in culture and social living whereas most developed country lacks it. Anyone who wants food, shelter and clothing is a necessity. I think Indians have it. I don’t understand what the author trying to say. He sit somewhere in world and talking foolishly.
@@shibujoseph9902 you’re kidding right?? You “think” all indians have proper shelter food and clothing?
You are saying what you “think” is happening without actually researching anything and then bashing a video which actually has sources and reasoning behind it. Please don’t tell me you seriously believe that India is somehow poverty-free.
Tables turn,soon India gonna take their position, thanks for acknowledging history.
India's bureaucracy and dirty populist electoral politics continues to be the largest barrier to passing much needed good reforms effectively.
India needs far more meritocracy within it's democracy.
Yes, more meritocracy and democracy, less corruption and nationalism
Id say the elctoral one is mixed. Its push to use lots of fertilized probably leads to increased crop growth but the lack of bussiness to properly process the food leads to a lot of it going to waste. Despite the population being mainly farmer its weird that so little effort goes into procuring better buyers
@Art Man they also took the corruption and amplified it tenfold, you’d think a country that professes to hate the British wouldn’t copy them so much
@@StoutProper
Well one of the reasons for that was the fact that India had first hand experience with one system only: the British system.
@Art Man The merit was limited to specific caste in India due to high castism. While they used evil methods to retain power, they were one hell of a genius. Arthshashtra, was the constitution written by the meritocratic elites, and India was a dream land then. European risked their lives and traveled for months to reach India. Columbus and Vasco da Gama have their name in history just for reaching or trying to reach India.
The man who wrote the Indian constitution did not belong to the meritocratic elite caste.
From the independence to the present time ,we were unable tackle Corruption in India
And we are seeing the results
Taking good things from capitalism is the only option and it will take time to get the results
Hopefully, I see positive change happening in India, unfortunately it's happening slowly but then perhaps it will endure.
Curruption is the problems.
India was essentially founded on corruption. Leaders sold their people out to Arabs and turks in return for weaponry until Europeans showed up, then they sold their people out for even better european weapons, then sold out their people for european aid in battles with neighbors or civil wars, then they sold out their people to become a colony and receive power and wealth for their elites, then they did the same when the central government bribed elites to join their new India, then the central government sold out their people to produce cheap goods and cheap services to foreign companies, and even today they continue to do the same while also harboring an infamous scam and counterfeit industry. The caste system itself is built around corruption whereby elites enslave the lower classes and the lower classes are taught to beleive they deserve it and should self enforce it
@@arthas640 you just gave centuries worth of corruption in two paragraphs.
As an Indian I realised a few years ago that corruption is in the blood and will take atleast a few generations to rid of and that is if we continue to be economically prosperous
@@frendzoximeter290 India is still one of the biggest economy and highest number of billionaires
It's very helpful that you're looking into the decisions and failed management instead of playing the blame game like most do. In some ways India is similar with my country. My country combined capitalism with government's control in hope result to balance but somehow still slow in growth after 78 years of independence.
Yes, compare one party rule in China and democratic Taiwan. Russia does not want countries it once ruled to be independent and democratic. They make Russia look bad.. A free Taiwan makes China look bad and so did HongKong.
Keep paying foreign cricketers millions to play in meaningless cricket tournaments instead of investing in infrastructure lol
Nobody gives money for free, they are making boatloads of money off of that investment
3:13, the British Indian colony did not include Nepal, never did. Although Nepal did lose one third of its territory to the British Indian colony, the country Nepal itself was never wholly colonised.
Yup,as far as i remember, Nepal and Ethiopia were not colonized
Well India took over several parts of other countries and territories like Kashmir and the NE
dude nepal lost 11 millon miles of land after ww1
This straightforward account of Indian history and economy without bias is much appreciated! 👌
he had some bias against communism and a very poor understanding of it
@@vemerin what's that qualifier?
@@showinghealer5363not a bias, just stating that communism doesn’t work the best for certain countries
@v.gopalakrishnan350 There was limited bias, but not much accuracy.
@@showinghealer5363communism is a great thing to exist but only if there no corruption, every communist country is corrupt to the core, people are censored and repressed.
Note that "Tentacle Weekly" features Raven vs Starfire, both American characters. Whatever Japan needs to import, I don't think cartoon girls are indigenously scarce.
There are bound to be some reverse weebs
@Lami Avrora Cringe.
@Lami Avrora uh yeah i like anime girls too but...uh...ya took it to kind of a dark place, there.
@Lami Avrora holy shit bro touch grass lmao
@Lami Avrora You need some help.
Well researched 👍
British left India with 500+ provinces it's Indian army and sardar Patel who united all 500 provinces with force so British army never united India as you falsely misquoted.
Foreigners united India when they invaded. "India" didn't exist before as a state.
@@GrigRP but people living thier knew, they are Indian
Maratha, Gupta and Asoka etc these Indian kingdom united India
@@Hello-kh6bk No they didn't. Before people identified with the state or Kingdom they lived in.
@@GrigRP not true because idea of india as one entity was first mentioned in ancient scriptures like puranas and Mahabharata which are nearly 2500 years old and that's reason you see pan Indian empires like Mauryas, guptas, mughals ruling over entire country as one entity and reason for their success was using one sanskrit language as administrative language and above all religion of Hinduism for which India is sacred as considered to be a mother. But just like China India was united 5 times and again split up into majority local Kingdoms infact when British were on it's soil 3/4th of India was under single maratha empire who first gave slogan of one India. And British never united India they left India with 570+ provinces as each own autonomous country giving them choice to be independent but it's our first home minister sardar Patel after independence used military force and united entire country and for that very reason you find world's biggest statue dedicated to him.
@@GrigRP you know nothing about India then
foreigner united india is a joke lol
read what @Zenith Tuar wrote 👆
I did not know what to expect from this report. However, you did a very good job explaining a subject with more angles than a cobweb. This stuff is not taught in schools or universities. The general public is left to drift on by watching their phones. I remember visiting India with Nixon and then later with another president. Great people, beautiful countryside.
superpower by 2020!!! derpderpistan represent
Nixon? Hello he attacked india in 1970s during indo-pak war.
There is a recording of Nixon and Kissinger talking about India and Nixon mentions that Indian women are the most disgusting and least feminine in the world, even less than African women who we claimed had an animalistic charm.
@@r.b.8018 If it makes you feel better he is among the most hated POTUS.
@@r.b.8018 AND HE"S PROUD OF IT DAMMIT!
One other factor (that nobody or few have seen): the culture in which everybody wants to be a leader, a ruler, a manager and few people are willing to be a worker, and the vast social and economic gap between the two groups, in sharp contrast to the Eastern Asian especially Japanese culture.
Where I have not seen a single person who wants to be politician they are good with doctor, engineer, IAS,PCS,IPS AND OF COURSE ARMY
@@36736 It took me a few seconds to figure out why you mentioned politicians. You must have interpreted "leader", "ruler", "manager" in my posting to be a politician? I should clarify. I meant a person that wants to manage others, as a manager or team lead in a company. If there's a survey, I bet the ratio of the people that want to be a manager in a company is statistically much higher in an Indian company than in a Japanese company. Too low or too high the ratio equally hurts.
@@yonghuang6664 well actually no-one wants to be the Boss they don't want to take risks in their life they are happy to employ only
@@yonghuang6664 and yes no wants to go to private company if a person go for government job their whole life is secured if a survey gets conducted and if private company is giving $10000 and government job with $5000 they will always go for government jobs
U shithole gonna tell us how shud we run right?
What india needs :-
1) reduce the population growth
2) educate everyone who can't afford it, give them skillsets to thrive.
3) modernization of agriculture, by taking control over the land in poor states (this is the only place where govt can have ultimate command, because it can bring in agricultural scientists, engineers and machineries for better productivity)
4) building reservoirs, and enriching the aquefiers, overcoming drought.
5) heavy investment on research and development in the fields of science and technology.
6) investing on renewable energy and building efficient logistics, connecting every major trade points.
7) having exteme control over the bureaucracy, and try create a climate suitable for investments and for better conduct of businesses.
8) conscription of young populace, building discipline, etiquettes, strong and stable mindset.
What you are saying is Socialism.
@@morningstararun6278is it bad
This understanding of the colonial system is not complete: the key wasn't necessarily extracting income directly from the colony, but having it as a captive market for your industrial goods. That's why we talk of neocolonialism.
But India is neocolonized by no one.
@@billcipherproductions1789 Is not now, officially. The underlying dynamic of colonial wages and raw materials for coloniser products and profits has not changed substantially. This dynamic is true within wealthy countries as well, and is growing; globalism since WWII has decreased the gap between countries while increasing inequality within them. This is why the American and European middle classes are struggling while India and other developing countries can have native millionaires and billionaires but not a substantial industrial middle class as developed in the west.
@@nisachar00 Out his ass probably.
The only problem with you argument is it’s nonsense. Imperial preference as you describe only happened for a few years in the 1930’s and the British attempted to resist it even then. Free trade really was free trade. Ask the workers of Dundee what happened to them when the entire jute industry left Dundee and moved to India in the late 19th century.
@@fantasyfleet Free trade was not free trade. There was not only a policy of trade restriction (restricting trade with the rest of the world for many goods), but generally the central government's policy favored the industrialization of Britain both through direct incentives and indirect investments and the de-industrialization of the colonies in a similar vein. This produced a system of hierarchy and specialization which can then continue on more or less unchanged even if unenforced just by inaction, given the high costs of changing it. Once a country specializes in being poor, it is hard to break the cycle, specially because when they try then the owners of the monopolies on complex activities will kick them down as much as possible
building a strong economy, one extended car warranty at a time.
lol
Ha! Nice
🤣🤣🤣
sad 😮💨
Bro, one of the best videos on India i have ever watched. Excellent job. Pls keep creating this magic. 🙏
The problem with India is that it has good relations with far away countries but bad relations with countries around it unlike china. It doesn't have any influence on non-Indian people. And also the fact that India doesn't produce any unique products that is dominant in markets.
and some of the worse conflicts with its neighbours are indirectly funded by its "friends" from far away too.
@@KristopherNoronha
And India gladly accepted their role as a pawn.
Dude you forgot about pharmacy.
India has become a pawn of Anglo Saxon nations against China and Pakistan
@@level1selamat155 really, it feels more like pakistan is a Chinese pawn against India. Why should India align with china when china claims an entire state of India and kills Indian soldiers.
Points that you missed -
S. Korea, Taiwan and Vietnam were or still are dictatorships which makes it very easy to bring in economic reforms whereas in india due to democracy every government finds it difficult to pass good but unpopular reforms.
@Cloud Smiles they were and if you doubt that please check
Country, vast as India there is no chance disctatoship can thrive. You can see modi, he's one dictator.. I know I know, we are democrat country, I know that. But it's more likely dictatorship and you can clearly see it, even after having a dictator.. it's so difficult to handle so many people with so many different thought process.
remeber when modi tried to remove the reservation system but the people just started destrying national properties like rails a train turned over on it self becoause of that my mother almost died coz she was on there too.
@@AshishSharma-zp9nw I want to know more?
@@XxelitedeathwalkerxX___ until this day u do not have reserv system application? even you have so many unicorn?
I must say when you had used India's map after Independence like 5:25 is not the map of India
You need to check out once
India has low money value ...for example, in Europe a chocolate bar costs under 1 or 2 dollars ..but in India a real chocolate bar of the same quality would be around 300 rs ... likewise everything is costly ...
3:15 Wrong, Nepal and Bhutan might be in sphere of influence but not part of British Raj. Burma was a part of British Raj tho.
Correct, Dilip is right.
@dilip varma 😂
@@frendzoximeter290 bro seriously..it's a fucking UA-cam channel..with millions of views..and now people will believe what he said about Nepal being a colony of British..and freedom of speech doesn't include..misguidance and false information..
As an economics student this is one of the most important video that in fact every Indian should see , you do a better job explaining these things than my actual chapter on this topic
👏 massive props to you
Soo true i too felt the same thing
he could've done more research tho somethings were under explained but yeah gud video.
@@blokin5039 are you a student of economics ?
@@blokin5039 You didn't even get my question
what?.. how can you say that... he completely doesnt understand wealth creation.... he said that colonialism brought prosperity which is crap... real reason is that prosperity brought colonialism...
39:33 India significantly got up in ease of doing business. I don't have exact ranks but it improved from 120 to 65
It used to be 140 during UPA-2
Now its 60th rank
Now in the latest rankings, we are at 43rd rank.
Now its time for India to develop comapanies are coming to India for there Factories Offices some Kids should understand this rather than thinking to earn from UA-cam by uploading videos of There games
@@Wanderer-KN I agree, kids in India should take up more than they are now and society should view them in that way after that too...
Wow he didn't mention how they did partition and bengal genocide
Main issue is Corruption. You can actually see it within the country itself. South of India which has extremely low corruption seems more developed and economic. Roads, Education, Lifestyle, Cleanliness everything, compared to it's Northern Part, where Corruption is at peak.
For eg:
You get a driving licence without a driving test in Northern India, but in South you have to pass a proper driving test to get a licence. Such things create a difference in economy and general well being too.
The sooner corrupt practices in the country start to lessen, sooner development will start to rise significantly, and at ease.
South India doesn't have better traffic tho, in fact banaglore has the worst traffic in the world.
Yeah so it's basically a cultural thing. We see it here in Australia all the time. The Northern Punjabi Sikhs walking around like their shit doesn't stink, and the Southern Hindus very placid, warm and welcoming. Then they wonder why all these Punjabi taxi drivers get smashed for 'no reason'
@@suryanshsingh4533 more knowledge more money more cars
@@riddhimandas4458 then why do people lose their shit when north India has bad traffic.
@@suryanshsingh4533 less tree more pollution. More heat than usual. People angry. I'm bored and lazy. So I write like a troll.
Competition and investment is needed . But the governments part is to ensure standards and keep the companies in line because their goal is their bottom dollar not the well-being of their customers or employees.
Like seriously, I don't get how people in this comment section and even the author do not understand that India had a strong government presence, because the first thing to take care of was food. Without food for people all you can do is try to quell them with military power and disinformation, and I doubt the Indians wanted to dabble in either.
Ideally that would be the case. But in reality, no competition and full control of govt officials just means more corruption and sub standard product quality. As for companies not treating employees and customers correctly labor laws and customer protection act exists. Taking an whole industry over for such reasons is overkill. Having a govt owned company is not a bad thing as long as they face competition from private players so they are forced to have quality products.
@@akay4086 The only reason people take bribes and half-ass their work is because they feel they are not being fairly compensated for their work. Competition is a driver of capital growth, not quality. Customers dictate quality in a competition-driven market, but that means there will always be a winner.
Govt key role is to prevent monopolies, then in a free market companies must provide better service or products to win customers. Govt run companies have no such motivation to provide better service or products.
Pizza is ready and a new history scope video is out! This is what I call a perfect evening!
Same
Could i have a slice?
@@GoBlues767 no
@@GoBlues767 Sorry man I already finished it D:
@@lukad7744 D:
1:05 Calling thr BRITISH EAST INDIA COMPANY to help support a CIVIL WAR would be remembered as one of the most INFLUENCIAL and DUMBEST MOVE in WORLD HISTORY .
The puppet king who called the EIC for rebeling against the local nawab has his tomb in Bengal. Whenever people visit his grave ,they spit on it .
😂😂
You explain this detailed timeline so well. I learn so much from your videos. What initially seem like difficult concepts to understand are made so clear by your well thought-out and considered explanations.
Thank you
Until he starting sharing nonsense at the very end. Oh well.
Victims of abuse often end up becoming like their abusers. This was the case in India. The post-colonial leaders who still remembered British rule were so afraid of Western influence that they stifled our industries and our economy worse than the British ever did. India's economy opened up in the late 1980s and the 1990s as the post-colonial generation began dying off or retiring. As as that generation has lesser and lesser influence on Indian politics,our economy opens up more and more.
Tge Brits ended many abuses that the Indians were inflicting on each other. When the Brits left, the Indian elite went right back to the same behavior.
They were not victim of abuse , India was a thriving prosperous country during Mughal rule. Muslim ruled India as their own, unlike the British who kept aloof and looked down on them. After succeeded in their divide rule agenda, they broke up the unity of India, whereby conquered it, then as usual slithered away leaving people in India to pick up the pieces.
@@najmaalikhan the delusion is far reaching with this one.
@@jdenmark1287 its no delusion . But its what you would like to portray in order to show yourselves innocent.
It's not anything you can hide colonial rule was not very just rule.
Complete wrong analysis, post colonial leaders didn't not stifle economy industry for the reasons your giving, the devastating destruction of India left by the wars and its destruction of its political factions was so great that India has not been able to recover totally from it.
As someone who serves in the military, the Arjun tank, and the HAL Tejas fighter scream of corruption. Developing indigenous tank and fighter for over 20+ years with multiple delays tells me of huge corruption. Arjun was a competitive tank in the 80-s, but its protracted development made it uncompetitive by now. Plus India bought and manufactured T-90 Russian tanks which are below Russian quality, hence the problems with engine cooling and reliability in a tropical climate.
T-90s are pretty modern, what about T-72s? Which do you think would serve well in tropics?
@@rogeralien No idea. T-72 was designed for European theatre, not for tropical climate. However it was widely exported, and performed well in the Middle East, and Africa. Same with T-90. However any tank operating in hot climate must have an air conditioner. Not to cool the crew (Soviet tanks were not designed for comfort), but to cool the electronics. It's hard to impossible to design a good resolution thermal sight for night/ bad weather fighting without actively cooling the matrix.
@@ildart8738 this makes so much sense. Thanks a lot for the detailed answer!
@@ildart8738 Politicians and their greed are two reason for all our failures. But at least we never had a coup which might have dragged the country into an even worse situations
@@kuriankeralaIndia Are you talking about 1993 ГКЧП?
Absolutely loved this. Also love you chose our independence day for this very detailed explanation. 🇮🇳❤️
Excellent video on everything that went wrong with the Indian economy. The blunders of unnecessary controls on the economy by the Indian leaders have kept the country poor despite being rich in natural and human resources. Even today Indian economy is strangled by lots of unnecessary controls and is not growing to its potential. Another big mistake was govt not spending enough on education and health resulting in illiterate and uneducated masses, breeding fast, resulting in a huge unmanageable population. All these decades while the economy was not allowed to grow the population has grown by many times.
Right. What a nice explanation
Cant agree more
I wish hed do a sequel to this video about the issues india faces today and what they're doing to fix it, how they could fix it, and areas they're failing to fix the it
@@arthas640 Basically now, for business and investment purposes, India has improved a lot.
What it needs is the investments and inflow of money and technology which could help India to utilize it's vast labour in a productive work, just like what West did to China 30 years ago.
From the social websites or youtube, I thought Indians live a much better lives than Chinese in China because Indian netizens say so, like Mumbai is much better than Shanghai, how many more years China can catch up with India, etc. Many Indians are still saying China is so much worse than India such that Indians don't want to be like Chinese or even visit China. It is therefore shocking to know India is still poor. Can any Indians verify or confirm whether this guy is lying or telling the truth?
- A sarcastic observer.
There's also an important but inconvenience aspect of this problem: working culture. I've been to India several times, and I've noticed that the quality of their services are very low and the workers seem less disciplined than other countries. It's like the opposite of Japan.
Did you miss the part when that was their way of getting rid of the oppressors? Probably took a couple of generations, so no wonder these people are not highly motivated.
It's gonna sound cruel, but I think you got away easy with the nukes ending WWII, at least the world felt like you needed support to plant your feet again. India was left to slowly wither like a dumpster robbed of any valuable things already.
compare india to vietnam or malaysia or thailand?
@@sreenidhikrishnan8332 what he said was completely true. If you can't digest the truth then eat a Hajmola. Have a visit to Japan to see what discipline actually is. He is not bad mouthing our country, he is just stating facts, and one of the biggest reason is the government's negligence to local craftsmanship and handicrafts.
@@Illlium not to mention the bad pr from "Ew roadside shitters toiletless land" and "Ew poor people, uncivilised tribals Ew". We got did extremely dirty.
@@sreenidhikrishnan8332 breathe.
To so overidentify who you are with where you were born (which you had no say in, no control over)...and to try to link to any of its success, math or science...as if it means anything about you, is an ego grab. For sure.
To get stuck on thinking your country is the best, simply because you live (d) there...is immature at best. It lacks awareness, and a true big picture view.
None of us is special, due to where we were born. That’s a fallacy, an ego game.
We cling to things like that, in order to feel significant. You’re human. It really shouldn’t increase or decrease your value, depending on where you came from.
Now...on to the claim that “India is the country that has contributed the most to the field of math and science”.
First, there is not one solitary “field” of math and science!! There are various fields, so many different disciplines in the FIELDS of math and science.
Next, that’s a preposterous claim. While India has indeed contributed to various disciplines within the fields of math and science...to claim its the country that has contributed most, is myopic and obtuse.
Many countries have contributed. The wisest among those in specialities collaborate with others to expand upon and increase their knowledge and skill.
Many countries have incredible contributions, which have been the building blocks for others (often from other countries) to further disciplines along. No man is an island. Rare is the country untouched by influence of others. It’s like a multidimensional, multifaceted web of connections. To make such an arrogant/ignorant claim...is to be childlike and trying to make things simple in order to make sense of complex things.
Your paradigm is informed by deep biases and narratives...with ego at the center. I challenge you to challenge your conditioned thinking...examine who you are (you aren’t your country...but merely a human, a spiritual being, who is grasping to limiting concepts).
Reach beyond the self sabotaging thinking.
Nepal and Bhutan were never a part of British India but rather allies. Nepal and the Raj also signed the 1923 treaty recognizing Nepal as an independent country. Nepal militarily intervened in the 1857 Mutiny aiding the British. Nepal also actively sent troops in the Hyderabad action, as per several historical evidences even after India gained independence.
I mean the English occupation rerouting India's production away from food for themselves and finished goods, and into raw materials and cotton and other such stuff that the english could take and sell on didn't help india's financial situation either.
Correct,the British are indeed a reason why India became poor.
However it's continuity is solely responsible upon the failures of our political and economic decisions of the past.
@@krapto3467 Agreed. Let’s hope the future is better.
@@doctorgamez2410 Don't hope. Make it better.
One more point to be added "why elites are more previleged in India?" My pov is they are investing in the political parties for their win. India needs control in elite more than ever. Very good video with to the point facts and logics . Hope you create more insightful contents on india like this.
before election elites helps politicians in campaigning by funding money and after winning political government helps elites by providing access in india
@Napolean Bonaparte-The Greatest military general adani, ambani for bjp and congress have their own
@@strange8628 Congress have the backing of non-state actors and goverments like Gorge Soros, China etc