Development Pathways: India, Pakistan & Bangladesh (1947-2022) I PIDE PSDE Conference
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- Опубліковано 1 гру 2023
- Dr. Ishrat Hussain, Former Advisor to the Government of Pakistan & Former Governor State Bank of #Pakistan has delivered a book talk, launched his book "#Development Pathways: #India, Pakistan & #Bangladesh" at the 37th AGM & PIDE PSDE #Conference in Bahauddin Zakariya University, Multan.
Pakistan Society of Development Economists (PSDE) #PSDE
Pakistan Institute of Development Economics (PIDE) hosted the 37th Annual General Meeting and Conference of the Pakistan Society of Development Economists (PSDE) on “Breaking the Aid - Debt Chains”. The PSDE conference held on 20-23rd November 2023, in Bahauddin Zakariya #University, Multan, in collaboration with host of local and international development partners.
PSDE Website for Details: psde.pide.org.pk/
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I can only speak from an Indian standpoint here because that’s what I’m exposed to and have ground level information.
These esteemed speakers seem to have not visited any of Indian cities recently, even on Wikipedia.
The growth story in India is real. Is it perfect? Nope. Can it improve? Absolutely. India is growing and will continue to do better than most of Asia in the coming years and that’s something you can take to the bank.
By holding on to data “gathered” by western agencies and considering that as absolute truth makes the whole conversation very irrational and illogical.
wishful thinking at best. it's fine why do we care? Carry on building our country while these morons try to figure out what went wrong with theirs
India is graduating to AI from digital revolution. Robotics. Space. India is in another league. We are catching up with China. Bangladesh is doing pretty well. No loans on them. They have peace on borders. Their military in Barack. They have only to educate their people and grow. Norther worries for them. Being rich their only dream and ambition. Pakistan dream is to lead ummah,rule India, be world leader with their nuclear weapons. Totally different ambitions of all three. India is being pushed to play a role on world stage. India is being asked to take more responsibility and leadership. India has never tried to snatch it from anyone
To us our soft power is dear. To us knowledge is power. We want to lead as knowledge power. Rest is secondary
Has there been any growth towards Islam?
They want to feel better, let them. When it comes to India, they loose their senses and objectivity if they had any.
@@xendit1635 it makes them feel better to run down others. Let them. Whatever is criticised about India,grows. Bollywood, cricket
Religion, streat
food,education,our space program
One Pakistani was talking about India. He had visited India in 1965. Its a totally new country today. Some have visited in 1985. Lot has changed since then.
Ironic to see how much time Pakistanis spend to show holes in India especially given how much work Pakistan needs to do to pull itself out of the hole that it is in.
India had 5 IIT's in Nehru time & now under Modi has 23 IIT's apart from many NIT's.
This Pakistani guys are biased to accept Modi's development policies
In 1947, the Partition Council allotted the Pakistan central bank Rs 75 crore, which included a working balance of Rs 20 crore made available to the Pakistanis in advance on August 15, 1947.
India has Reached Moon and Mars and is Going to Venus in Late 2024.
And you people, haven't launched a Single Rocket in Outerspace.
The reason being for Pakistan not to progress because for the very first day of its an existence Pakistan was dependent on american aid which they enjoyed untill they were beneficial for america😂
Right
They were created for a purpose. They served that purpose. They never learnt to rule themselves. They behaved as a client state. The army is not accountable to the people. They control everything. Without any expertise. Running economy. Running commerce. Factories
Economists in India have a diametrically opposite view on the newly independent country of Pakistan. Their view is that Pakistanis got the most fertile land of Punjab and Sindh / Indus. Brits had always favoured Muslims over hindus and had invested a lot in building canals. Lahore, the biggest urban centre in Punjab, was handed over to Pakistan.
You are on the wrong side of history bro Brits handed over Punjab and Kashmir to India and all the assets have been held by Indians forcefully and your first governor general was a brit ... Mountbatten did everything in his power to give the India unjustified edge...so you should thank your Brit lords because Muslims fought the war of independence and after that Brits took terrible revenge by confiscating their properties and depriving them off their valuables ....Brits are the one who established the Tata's and other non Muslim businesses....I ll give you the doubt of ignorance.. enjoy Brit slaves ...the hindus
I think the guy is wrong in saying that the Aid from US was NOT the reason for growth in Pakistan economy. If it was not, there would have been world class companies and educational institutions Pakistan now. But there are none..this shows that this is not a myth….Pakistan survived because of US aid until US left Afghanistan.
First 44 years of India, we ran a Socialist country because of Nehru-Gandhi family congress which led us to default. Thanks only to PV Narasimha Rao (NOT Manmohan Singh), who got us out of the mess created by the Nehru-Gandhi family in the 44 years from 1947-1991. pakistan on the other hand ran a capitalist country which was willing to take its clothes off and get in bed with wealthy western customers and sell itself like a prostitute only for the reason that its ruling elite i.e Generals and an UNELECTED Zulfiqar bhutto get the legitimacy from the west including the Arabs. Our trajectories were totally different but in a way, equally disastrous. Also, in India, IITs & IIMs were of no use till 1991, since the country was against business thanks to Nehru-Gandhi family congress' socialist centralised policies for their own political gains.
India population growth rate is decreasing , 71% of rural households as on date are having tapped water connections, all villages have electricity connections (not all households), GOI is giving free rations to more than half of population, 5kg per month per household
These tugs are by and large part of the problem they will never tell you from where that earlier growth in 1969 was generated he even himself acknowledges that it wasn't spurred by industrialisation in the country so the question is from where that was?
I tell you it was a kind of imported growth that wasn't sustainable and infact was a US alms that now got stopped and we are back to square one that is it
Just one or two indian companies match the whole gdp of Pakistan. Its going to be Bhutan of South asia soon. Even Bhutan will go ahead
Dr. Ishrat Hussain is concerned about rising income gap in India, concerned about female labour participation, ete, etc. This is the problem with Pakistan since 1947. Pakistani corrupt elite like Hussain is obsessed with India and looks at India's faults microscopic details with little or no interest in examining Pakistani's economic disaster.
Dr Hussain is a great Muslim and presents the Islamic view.
@@PS-ej2xngood joke
@@zendon4010 Why this negativity towards Islam and Islamic point of view?
@@PS-ej2xn have u read ur quran and the negativity that it's filled with against those who don't subscribe to their 7th century mafia ideology of a Paedophile false prophet.
@nvbf61 Precisely. Dr Ishrat Hussain is sharing his global Islamic wisdom. It would be stupid if he were to deprive India of his deep understanding of and expertise in Indian affairs. There are so many other people who can address Pakistani issues.
THIS GUY IS TALKING MORE ABOUT BANGLADESH & INDIA THAN TO EVALUATE THE ARMY DOMINATED ECONOMY OF PAKISTAN....
There is nothing to talk about Pakistan
If these are experts of Pakistan, god help them !
18. INDIA PROGRESS UNDER MODI;
• The highway network has doubled
• Spending on infrastructure has tripled.
• Air traffic passengers are 5 times more
• Tax collection as per cent of GDP has tripled
• Banking sector is on more solid grounds and one of the most stable in the world.. Bankruptcy act introduced in 2016.
• India is largest user of mobile data in the world
• India is largest user of mobile transactions in the world
• Number of medical seats has increased from 52,000 to 107,000 over past nine years.
• Corporate tax has been reduced from 35% to 25%.
• Direct tax as percentage of GDP is today 12% and target is 15%
• Formal sector is rising while informal sector is closing by 800,000 to 3 M every year.
• Every year 70 B is transferred to the poorest segment of society via UPI and not a single cent in cash. Less leakage
Hope Pakistan emulates the progress under Modi. Wishing Pakistan all he best.
Real acheivement is the dynamism in soceity. The aspirations. And,higher aims and targets now. Future road map is clear. Very clear. We expect more fast growth and change. 5 trillion clear target. Then,8- 10 trillion. The road map till there is clear. Percapita is to be doubled. We have to go into high tech manufacturing. We have to go for fast innovation in technology. Our soceity is accepting science and technology very fast. We have a digital revolution in few years. Its gone to village level. It has been a queit revolution. Manufacturing is another revolution. Happening fast
Robotics is also coming silently. India is absorbing all changes like a sponge. Nothing earth
shaking. No noise. Indians have modernized in attitude. Social acceptance of inter caste,interreligion, international marriages is so high. Indians have gone global. No eyebrows go up on love marriages, foreign bahu, women in army. Children studying in foreign. Everything is just routine. Indians all over the world. Studying, doing business,living,marrying. Our airports are busy. Overflowing.
Don't forget almost 107.5 billion in foreign Remittances into India. (2022-2023).
@@zendon4010 124 billions currect your information 👍
All these figures you quoted are meaningful for upper middle classes who can afford pvt education, healthcare. Under Modi:
1. Disastrous Covid handing, millions died. Economy tanked, 2nd highest drop on GDP in the world. The "growth" right now is just a catch up.
2. 800 million people habe to be fed. You are treating this as an achievement, but the reason they need govt dole is because they are unemployed. Growth in jobs has been NEGATIVE, only highly educated people get IT / service sector jobs.
3. Consolidation of economic growth in TWO family businesses. ADANI and AMBANI. Together they own vast sections of the Indian economy. All thanks to Modi's favouritism.
4. NO IMPROVEMENT in basic healthcare and school education. India continues to be at the bottom in HDI and school performance.
5.Modi WASTED the windfall of petrol price reduction in 2015-2018 in populist schemes. This money shpuld have been utilized to build better schools / hospitals/ clinics, training of teachers, doctors, nurses etc.
@nvbf61 bhakt understand because this is a biased data and peoples know the truth. This is khisiyani billi khambha noche nothing else 👍
At the time of partition 55 crore rupees were given by Bharat to Pakistan. Old man conveniently forgot to mention that.
As part of the Partition agreement, Pakistan was to receive 17.5% of the assets and liabilities of British India. The Indian government had about Rs 600 crore in its kitty with the Partition Council, whereas Pakistan only received 35 crore. In the SBP books balance still shows as receivable.
@@Dr.AhsanRAJPUTthat amount was stopped due to the war waged in Kashmir by pakistan... Meanwhile gandhi foolishly sat on a hunger strike to release the funds to pakistan
Laskkar e taiba, jaish e muhammad, dawood ibrahim etc are Pakistan exports.
India is 4 trillion economy. Aiming for 5 trillion. Bangladesh is textile hub. Economy more than Pakistan. Exports more than Pakistan. Pakistan managing to juggle loans. Just
@nvbf61absolutely wrong India's GDP per capita that you're talking about is much higher than pak .
You seem to be from any other universe telling people who are dying under the extreme inflation poverty anad food security issues comparing living better than Indians!
@nvbf61where, what parameters you measured to pronounce the difference between a man living in pak and ind
Per capita income of India will cross 3000 $ by end of 2024, despite huge population
Respected Dr Sahib, Kindly evaluate Pakistan from 1947- 71( West Pakistan + East Pakistan separately) and from 1972 till today. Contribution of multi national ( Banks + industrial) separately. Kindly provide a complete Restructuring for next 25 years plan. Awaiting positive reply. Shukria
Is there an audience to hear this gentleman who penned down all government narrative in Pakistan right from its inception..
Sirs, it is not necessary for pakistan's bureaucracy,politicians,academicians,intelligencia and elites to be trapped in a comparison cycle.Just focus on itself can do wonders.
Great overview, enjoyed it.
The 4 bimaru. States UP BIHAR MP RAJASTHAN , two are already moved out ,rajasthan and mp ,UP is already on move, except bihar ,
India has progressed at a fast pace over the past ten years under the Modi administration. I hope that more Pakistanis visit India to witness firsthand the massive construction that is ongoing in all parts of the country.
1. The number of highways has doubled. By the end of the decade, over 20,000 km of 4 to 8-lane access-controlled expressways will crisscross the country with modern rest areas at every 50 km.
2. The number of airports has doubled, with second airports being built in Mumbai and Delhi. The second Delhi airport managed by Zurich Airports can be extended to six runways with 90 million annual passengers capacity. By 2024 and fifteen cities are envisaged to have two airports, and Mumbai possible a third one.
3. Five hundred railway stations are being redeveloped , these ultra-modern railway stations with modern airport-like facilities. In the big cities these ultra-modern railway station will match those in China.
4. Double-tracking freight rail corridors with the first 2800 km tracks being ready by the end of the year. It will double the speed of freight trains. Soon to be extended to rest of country where all major industrial areas will be double track connected to ports.
5. Metro rail systems are being built in nearly 40 cities, with India having the second-largest urban metro system in the world by the end of the decade. The Delhi metro system itself will be over 500 km by the end of the decade. Fourteen metro lines are under construction in Mumbai. Both Mumbai and Hyderabad are planning to have over 400 km of metro.
6. The first high-speed rail ( 320 km/hr) from Ahmedabad to Mumbai will be completed in 2028. Planning work has started on a similar HSR to link all major cities over the next two decades.
India is so hungry for growth. These are all old news. We are excited about new bullet trains being planned. We are excited about hyperloop, drine taxis, cruises, we are excited about more vande bharat. Modiji has made all politics about development development development
We actually talk about economy over tea. We hear even poor talk of economy,
education,business, career planing. Its amazing. We have to lift the poorest of poor and give them best education resources. Modiji has to do micro planning now. Just international relations dont help. People vote for only how govt affects them personally. Not big tags
We dont need Pakistanees to visit Bharat.
What has India done differently? India has Elected reps working for us, these last 76 years, not the Indian army. Our army knows its place and role which is why we respect them. Its the people's reps who work for us and there job is to work for the betterment of the people just like it should be in a Democracy and not to make some other institution happy. Its the public reps that we elect whether they are Excellent, Very Good, Good, Bad, Ugly, Pathetic etc, they on behalf of people decide. Every other institution knows its respective roles. If public reps ain't doing the job that we expect them to do, we vote them out. pakistan is incomparable to India, since it's not, it has never been, and it'll never be a Democracy. Also, the so called pakistani 'intellectual' here don't want to acknowledge this mother of all facts. No getting better, No game changers for al baqistan.
Nadeem is a true blood Muslim League partitionist. Good for him. Twit.
nice one😍
What? Pakistan has a balance sheet?!?! 😂😅😂😅😂😅
All in negative. 😂😂😂😂. They will run away when time comes to return the loans
I am from BZU, i really feel depressed because Of bad behavior of multan students
These two seem so confused! Neither know where they are and where they want to go.
Both of them are still stuck in early 2000s.
Try to extend these discussions to more listeners
FUNNY. not even one percent understand English. How? This is by elite,
for elite, they dont even try to include the common man
More non Pakistanis will understand this😂😂😂😂
India's economic and social indicators are improving rapidly!!! Just pointing to some data showcasing that India is behind is foolishness. India is growing at an average of 7-8% every year. All the social and economic index is bound to rapidly change in India. China was behind in most of the social indicators until year 2000-2003. You have to only see what policy changes and liberalization India has done that is helping its economy to grow so rapidly. Rest will follow as the society moves forward and gets comfortable economically!!!
In 5 years india changes. In ten, it affects us all. In twenty years ,we are a completely new country. Today's india is not 2000 india. In 2040, india will be better than China. All regions prosperous. Modern. High-tech. Our middle class will be huge. More than all Europe, America
Im the beggest fan of PIDE. Please can someone guide me how i cam become a part of PIDE PASE conferences?
Both this Gentleman FROZEN IN TIME ABOUT INDIA 🇮🇳...they ( conveniently) repeating Montek, Manmohan sing repeatedly....The fun is Indians we over come M&M long ago and now we marching very different view about GLOBALISATION ( even the whole 🌎) and thinking M&M combination actually impeded India's 🇮🇳 growth largely otherwise we would be much better positioned now...nevertheless I can see Nadeem very ANTI MODI GOVERNMENT which is well understandable 😉
What commonalities is he talking about with Arabic countries and Iran with Pakistan; they are monarchial or authoritarian states, they are largely oil based and historically tribal population and an alienable language to Indian subcontinent Arabic that muslim population can read but can't understand. I see no similarities to what you people are talking about. 😂😂
Now days this type of forums are speaking on development instead of religious things 😮
Because India is ignoring and far ahead 😅😅
Why all this discussion in English
Is Mr. Ul Haq sleeping during the talk?
We could have edit that chunk, we literally asked Dr. Nadeem about this, He said "I was reading Dr. Ishrat's book" and we can see book in his hand.
P.S. it means you are observing & watching these knowledgeable videos keenly, Hats Off, stay tuned, keep watching
These beggars don't know anything about india 😂😂😂
@1:18:26 to @1:18:27 Magic.
Unnecessary English. No question was answered. Can any one tell Bangladesh basket of import and export with names of country. Whether regional integration of economy played any role?? If yes how much. What’s advantage of having seminars without any concrete outcome or even worth while discussions. To me it was nothing but a old boys club.
Yahan tho har shaaq per ullo baita hai , anjame pakistan toh yahi hona tha .
Worse is yet to come. When there cream will go in repaying the loans. Cheap Chinese products will shut down their industries. They cant open their mouth with permission from Beijing. Pakistan is going into another dark age. Of islamism, vassal state, miltarisation
Quotas based on gender/caste/ religion in India has helped parties make electoral gains but has created a huge population with degrees but no employment. Talented but sidelined population is emigrating all the time
@1:06:23 So many red beanbags kept in one place.
The fastest growing state of the world in the 1950s and 60s because of economic activities or from military aid pouring into Pakistan for serving American interest in the region till 2018 ; you didn't clarify that. 😂😂
The host of this show is wise enough never to have read the book. Give the man credit for having enough time to waste writing a book about Pakistan army’s wasteland. Pakistan is not the first country to be born with empty hands. America began in the wilderness. They planted tobacco and found markets and soon earned profit. They send suicide bombers to blow up the Spanish ships. Not blowing up simply for religious. It was to remove a hurdle from carrying out trade. “Trade” is the golden word. “Trade is a wealth of nations”: Daniel Defoe. Elizabethan England knew better. Early Americans benefited from their cousins. Pakistan had the misfortune of soldiers of Islam having been born with a lust for “Imported Goods.” F-16s. Nuclear Weapons. Swiss Chocolates. American Dollars.” Keep writing lies.
10 Million+ Overseas P can part in Political System Full fledge
अरे साहब कोई सुनने वाला और विशेष तोर पर पाकिस्तान में कोई समझने वाला तो होना चाहिए
Yeh jaahil kaum ho chuki hai jab say inhoney islam adopt Kara hai
@syedbakeruddinbekar9433 look who is talking whose pedophile/ pervert / butcher prophet himself was angutachap
Pakistan’s civilian government cannot take any necessary hard decisions as long as Army has the real power and can manipulate everything to preserve their dominance. Good luck to your seminars but it will not take you anywhere better.
India’s overall gdp and its state-wise gdp are not properly calculated. Statistical analysis in India is not done properly. This guy has no idea about india. India has a huge services sector like in healthcare, tourism, hospitality, logistics, financial services, education services etc which are much larger than the IT services. These employ many millions more people than IT services. Also, IT employment gives rise to a lot of retail activities, real estate and consumption power. The 5-10 million it people spend their money in India on various things. That drives 4-5X multiple of economy. A lot of bad reasons and poor understanding of indian economics landscape means Dr. Ishrat Hussain is simply not qualified to assess Indian economy.
I am sorry but their knowledge about Bharat is very outdated. 🙏🏻
20:22 If you got advice from Raghunath Rajan former RBI chief then it's clear what you have written in book are out of factual reference.
Raghunath Rajan's financial prediction failed in present time regarding IND
These gentleman so talented was working for govt , why cry now and beg don't teach us our history we know it instead look inwards and do visit india
#PIDE #3:46 But had the money for aggression on Jammu and Kashmir state
the problem in Pakistan today is a good example of this book----when books written are based of false stats and "jhoot" to begin with, then how does one expect Pakistan to ever come out of its shackles??? You guys have to be first honest to urself---Its a pity as a IIT'ian when I hear u guys (assuming u guys are the cream that Pakistan had to produce), i can now understand why Pakistan has no future
Ise India k Economics ki chinta ho rahi hai😂😂😂😂 waah Isliye Pakistani Khub Grow kr rhe hain
What a liar straight away
Mumbai alone has a larger Economy than Pakistan lol
Are you trying to solve India’s problems or do you want to help Pakistan solve its much serious problems?
no data just blabbering.....atleast prepare and come dude .....no wonder pak cant take any decision based on data.
If they are economics expert and analysts no wonder why Pakistan have begging bowl in their hand
#PIDE #ShameOnPakistan When don't even call yourself Indian in your history but calm everything from undivided INDIA that's the hypocrisy of paksitan
15:02 Modi is changing India's infrastructure which he developed and completed within time bound.
Modi is doing anything that never done by previous government ever.
Because of your Modi hatred mindset restrict your mind to recognise Modi's development policies
Pakistani Analyst spends a lot of time just establishing that they are not that far behind India which is so laughable , India is miles and miles ahead
I think pakistan will do better if they get rid of India from their minds.yes we are watching this because pakistan was equal or better than us till 1990 ,but started going down after wards.otherwise we are least interested in pakistan.we are 1.4 billion people with plenty of human resources which is the best of all resources.we are least bothered what pakistan think about us.
These gentlemen are delusional... it's hilarious listening 😂😂
😂😂😂 these guys will be in for a rude awakening when in just 2 more yeara in 2025 they will be very confused as to how did India get way ahead in such a short time while it takes decades for other countries to do so.... Lots of "so called" FACTS !!! are either completely wrong or outdated by atleast 7-9 years lol
pakistan was in top 10 ? what do you smoke oldie ? at least make sense...........
Such great man lamented students 😢, Because of Stupidity of BZU students.
Shame on students
What happened? I also graduated from bzu
Well typical pakistani experts seems to know everything about the world but cant figure out whats wrong with pakistan economy😂😂
😂😂😂 Pakistani will always document those who are Anti BJP.
Useless discussion. Shallow insight.
Pakistan shd definately follow bangladesh model . If u really want to know reality of Indian economy, just listen to Ashoka mody and Raghu rajan
Not all sizes fit one . India has 30 Pakistan sized states . Not all states behave the same way. The macro picture doesn’t give you the real picture . The southern states actually work overtime . You should definitely model after Bangladesh but it’s a one trick pony . It will not help you in the long term. You are a more diverse country with different ethnicities than Bangladesh .
@@contrarian322 u shd join pakistan economics division .
@@GuzzarAwanfirst employ economists not commenters or policy copying machines .
He should be ashamed of himself, he is doing this farce and enjoying public money from the last 10 years
Please check Nadeem, he is drinking alcohol
Always lying, female labour force participation in Bharat in 2023 is 37% and rising
What a waste of time and money of a bankrupt country, both of you should be ashamed of yourself for just talking and not acting.