India’s Growth Story: Astute Planning or an Accident?
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- Опубліковано 7 сер 2020
- Shankkar Aiyar is a political economy analyst, columnist, and the author of several books, including Accidental India: A History of the Nation's Passage Through Crisis and Change, which is a must-read for anyone who wants to fully understand what it took for India to push through transformative structural reforms.
Uzair talked to him about India's reforms, why crises are an opportunity for pushing change, and how COVID-19 creates new opportunities for India and other emerging markets.
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We wish had Gen X people like Mr. Aiyar , we could have been at a much better place today. Kudos to indians for not being stagnant with growth opportunities and moving ahead with time. Same can be refected from way he talked.
He is a very bad economic journalist, he was against dam infra projects in 90s influenced by Marxist mumbo jumbo and writing absolute garbage in newspapers. But this phenomenon rings true for economists around the world. They are always wrong. During pandemic all of them advised huge govt spending and on West is dealing with cost of living crisis. Indian growth story is due to industrialists,businessmen and entrepreneurs who succeeded despite the State. I am sure Mr aiyar agreed with EPW opposition of 91 reforms bz that's what elites wanted back in the day. Now this man is trying to claim his contribution in indian growth on unsuspecting Pakistanis. Advice- listen to people with skin I game,the Ambani, Tata and narayanmurthy ,not these wordcells who are paid by length of coloum.
Pakistan must learn from india in many fields,I want to see IT cities like Banglore and IIT universities in Pakistan
Lol don't wish for IITS.
IITs are not great colleges.
Not possible
Pakistan's IT exports are doing well. I hope it works out the way you want it to.
Lol ,iit in pakistan
Do have brains ahahaha
@@arunsar7893 IT means what here?
Only Indians listen to ur channel .Pakistanis r hooked to religious content channels .
That sums up all economic ails of Pakistan. The value system and mindset.
I am surprised why your channel does not have more subscribers and views. Internet works in mysterious ways.
Please do share and spread the word!
@@Pakistonomy Sure, I'll be happy to do it.
@@Pakistonomy Loved the discussion.
Insightful and intellectually stimulating conversation. Uzair Younus good job.
It is a fact that Indian economy went through a very difficult period because of the 1971 war with Pakistan and Indian government's contribution to help settle newly formed country Bangladesh and its refugees. This had a heavy toll on Indian economy
Fascinating discussion. Thank You!
Well this is awsome
Pretty deep discussion.. loved the insights!
very nice
Good conversation! Subscribed
Awesome, thank you!
I found opportunity to listen to their conversation now only but noted that Uzair should be good listener. Let him not prove to Shankar Aiyar that he himself was as good as economist as Mr. Aiyar.
Excellent conversation
Everyone criticized Modi for not printing and distributing money!
America did it and created high inflation which has cascaded to Three back failures and high interest rate for borrowers!
Looking back Modi team has managed it very well
Good
My dumbass legit thought indias was some new startup rather than country
😅😅
Fantastic conversation !
UZAIR BHAI PLEASE FIX TITLE!
Just fixed it!
Pakistanis will as usual say hamare pass kalma hai..
Wow, he seems to be in love with his own voice, please bring better experts
This is some r/mildlyinfuriating stuff right here 😔
I didn’t realize these announcements go out the moment I upload a video and set a schedule! Lesson learned.
@@Pakistonomy they do. They also allow to set a timer in UA-cam app. Really handy 👌🏽
Aiyyar has an axe to grind, being a crypto-idealogue, like so many more of his ilk. People who talk of water and agriculture issues in India while wholly innocent of the principles of thermodynamics that demonstrably control every single aspect of growth and income.
Aiiyar the ideologue fails miserably [ and in this case is either unwilling or unable to dissect the governance and policy making apparatus of state govts]. He is being most disingenuous and being guilty of something much, much worse.
Anyway, facts do not lie. Take state govts. such as that of Kerala, Tamil Nadu, and West Bengal, as examples of a great and pervasive ill. A lot more ould be said about the administrations of state governments, but here, let us just question Aiyyar on the following:
Hase he ever dissected the tax and total revenue flows of each state government, and tally that with the amount of money and resources lavished on just the tiny segment who are government employees? Let us a rhetorical question: is it sane or even ethical to spend >60% of tax revenue of a state to benefit fewer than 1% of population?
There is cant that gets one promoted to the ranks of the great and mighty institutions, like those infesting Washington. Ashok Mitra, a devout Marxist, found himself at the World Bank, and he dis have to sweat for this post, quite as much as Amartya Sen had for his Nobel prize.
There are aspects of intellectual honesty that equally gets one disbarred from all forums now allowed by the great and the mighty.
There are a lot of people of the E&PW types who write about agriculture, without understanding how agriculture, food production cut across a vast number of disciplines other than economics. MS Ahluwalia correctly pointed out the dismal state, on an all-India average, of rates of agricultural growth and income growth per year. And he honest enough to question how to enact policies that would give Indian agriculture at least 4% a year to hang its hat upon.
MMS wrote on perverse subsidies vitiating growth in agriculture, but did not take any useful steps to attack the worst of these, e.g. the Public Distribution System, or at least reform their worst aspects.
We have far too many articulate fools who have crafted a Faustian bargain with the centers of power in Europe and the USA. They are indeed very smart, and unlike Bhagwati, know which lines to toe.
At the time of this podcast, India economic was slow, low growth rate etc etc..... Today every one says it's one of the best performing economies, imf says india growth give them hope, bill gates says it's an bright spot... what changed in 2 years?? Maybe because this hindu nationalist fascist nazist of a leader??
I don't know qnything about economy so if you can explain Uzair???