
EP-19| ‘India Could Be A $55 Trillion Economy..’: Prof. Krishnamurthy Subramanian |Major Gaurav Arya
In Episode 19 of The Gaurav Arya Podcast, Major Gaurav Arya (Retd.) talks with Prof. Krishnamurthy Subramanian. He is a leading expert on economic policy, banking, and corporate governance, and was the youngest Chief Economic Advisor to the Government of India, serving from 2018 to 2021. He has been appointed to the post of India’s Executive Director at the IMF. Prof. Krishnamurthy believes that India has the potential to become a 55 Trillion Dollar Economy by 2047. He also discusses the speed breakers of the Indian economy. He also discusses his thoughts on wealth creation, employment, and India’s budget. Prof. Krishnamurthy Subramanian also calls for deep discussions on the State Budget. Watch this new episode of The Gaurav Arya Podcast for a better insight into the Indian economy and Prof. Krishnamurthy’s book India@100.
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एसे दावा करते शर्म आनी चाहिए जबकि समाचार आया है कि देश में पचास करोड़ लोग भुखमरी से मर रहे हैं
Nehruvian Socialism was a joke 😂😂
Launch your own podcast channel major and make it in hinglish. Indian nationalist point of view is best represented by you ❤❤
A very interesting conversation, however I am surprised at the data point, which claims that per capita GDP at the time of independence was USD 2,700. While most sources claim that the details available for this period are sketchy and there was some amount of FX jugglery by the British (to ease the possible debt burden on account of wartime exports from India).
Most figures put India GDP per capita in 1947 at around USD 680. Non of these figures are close to the figure mentioned by the Professor Subramanium.
One of the best podcasts I have seen in weeks
😂😂 lmao the COPE
Iycicyoc😅😅😮
Although it is optimistic to believe in India's population potential, unless concrete work happens, things will not turn around.
Education & Literacy & Maturity?
Amazing podcast session & media must ask each state govt. about economic policies. Honestly every Indian must work harder & take responsibility in order to contribution in growth of our nation…. Major please do such sessions & focus on east Asian nations growth history rather focusing on rogue states like Pakistan & Bangladesh….
all the renowed economists has already said it, and bjp government is playing with both brics and western nation, ye kahi ke ni rahenge end mai. China miracle happened due to export led model, when there was no competition at all, india not only have to compete with them but also with other nations, like most of the manufacturing went to ASEAN, with just 5% of apple manufacturing you bjp bots got so happy and vietnam and malaysia took most of it. Tum yahi sab propaganda falate hue mar jao ge. My grandfather told me in 70s they were hearing that germany, japan were india's competitors, in 1990s china was, and now vietnam, indonesia and rest of ASEAN is stealing all the factories from india. India's population willl start aging and get to the level of china in next 20 years this is our best bet to grow, and this is the shit growth rate indian government can achieve, 55 trillion dollar ka laddu de rahi hai bjp propaganda machine apne logo ko tab tak inflation wagarah sab mila ke it would be nothing. This quote i heared from a critic was amazing and fit right here -> India has an agriculture based economy and has the attitude of a post industrialized economy. Aur agar tum logo ko lagta hai that i am very pessimistic i am up for a debate with anyone of you, and you will see in the next 10-15 years anyway that how my prediction goes
हमारे नेपाल इन्डीया और गरिब देश कि स्थिती यहि है कि सरकारी सिस्टम कि कोई भ्यालु नहि है , 55 ट्रीलियन तो क्या 500 ट्रीलियन कि इकोनोमी हुवा तो भि ,आज भि मिनिमम स्यालरी 10-15 हजार मे काम कररहा है लोग। मिनिमम स्यालरी 500 युरो भि नहि है , जितना भि बडा इकोनोमि हुवा भि।
Great pod but the amount of times he said "For instance" is unmatched though 😂
Please, there wont be a dollar the. Yalk in indian rupees or gold
Even a puncture shop, who charge rs 5 for air filling in two wheeler tyre, is equipped with paytm/phonepay
I don't know why but I felt nurvous of continuous negative indicators of Bombay Stock exchange in last 5 Days ??
Inflation is now very High above 3.6%
please call ex muslim sahil and adam
economics is the most stupid pseudoscience in existence ,none of these theories ever work in real, because it relies on wishful thinking and mathematics to simply calculate a utopia or dystopian outcome to satisfy a set of people! thats it, none of the cases are realistic everything is ideal case, truth is India may not even exist that long given civil war like situation rampant joblessness and such stupid nationalistic boasting like mudi ne war rukwa di, Lindia banega semiconductor giant etc to keep people in a delusion, this is a proper grade A shitehole irl no matter what anyone says, you can feel the reality the moment you step out of that AC office…reservation and killing curiosity and meritocracy , will have to pay in the long run
Every one can buy this book and read.
Love this channel
Love from S Africa
by putting tax on every breathe we took??
42:11 😂 that jackass ex-rbi governor cum Rahul Gandhi toilet cleaner Rajan said this…
Hindi me liya karo podcast. Jyada angrwz na bano
💥No one is talking about what if INR is getting appreciated in the future? I think the inferiority complex has taken over people's minds. I am pretty sure that along with the good rate of growth, INR would also be appreciated against USD and against almost all other currencies.💥
Very good one and best of all
Great Podcast 🔥
Daydream
39:38 Right🔥There should be an yearly performance review of every state and penalties should be imposed on underperforming and non-performing states. Otherwise all the tax money will keep getting watsed without efficient expenditure planning.
I had pointed yearly performance review of government schools in the same manner on Twitter but as I’m not famous it’s just ignored.
Under UPI , your money is most productive because all the time unused money earning bit of interest. And at the end , not only banking capacity increases but nation economy becomes more money rich to invest money in productive channels, not to speak of black economy , tax evation , fake currency menace and all that. This is the greatest radical achievement since independence. I suggest scrap all denominations of notes beyond Rs 20.. Most of the informal economies thrive where theives are most.
Well , I am a Bjp support but 55 trillion is too much even with india's growth rate 🙂🙂🙂
Excellent analysis professor
The problem is with the north. In north still feudalism exist that hinders the innovation. Most of northies try for govt jobs and risk taking is less. South is entirely different very ambitious and no feudalism.
He did not explain productivity clearly. Lets say shoe making industry. In China one employee with bit automation produces 10 shows in a hour where in India with one employee will produce only one shoe to fix that we hire 10 employees thats bad cuz we need to manage more employees and thier health and their personal issues will hinder output.
Very happy to see you both in this subject. God bless. 🙏
English wala deshbhakt hindi nahi bol sakta.dislike
Thank you for such an amazing podcast
Thanks sir for writing this book I am sure there is everything Positive as you said SURELY WE CAN BE THE BEST with people like you BLESS YOU & ALL YOUR POSITVE THOUGHTS
😀😀😀from 3 T to 55 T in 23 years ? This guy isn’t a prof but drunken master, he drink too much
So now what happens since we are in the BRICKS revival mode and dumping $
The advantage of America is that they don’t have such a large population of so called minority.
Brother, why not create a program where India and Pakistan work together as a consortium to develop something new, like a 6th-generation technology for the future? Instead of being rivals, let’s coexist and build as brothers.