The Problem With Indian Economy | Indian Economy | Econ

India has emerged as one of the world's fastest-growing economies in recent years, but it still faces a number of challenges that are holding it back from achieving its full potential. In this video, we take a deep dive into the current problems facing the Indian economy.

One major issue is the comparison with other Asian economies such as China, Japan, and South Korea. While India has seen solid economic growth, it has not been able to match the pace of its Asian counterparts. We'll explore some of the reasons for this and what India can learn from other successful Asian economies.

We'll explore the challenges that India faces in terms of education, infrastructure, foreign direct investment, and international trade, and how these challenges have contributed to slower economic growth than some of its neighbors. We'll also discuss how India is working to address these issues and improve its economy in the long run. Overall, this video provides a comprehensive overview of the major problems facing the Indian economy today.

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[econYT]

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[imviiku]

This Comment section is the reflection of our Education System. We just can't take criticism. There are endless flaws in this country but people are blind by either their religion politics or caste politics . People will tell you visit Private hospital as they serve better but won't tell the government to give better service in the government hospital. People will buy an RO water Purifier and say we have a clean water at home but won't demand a clean Tap water which is a norm across the world . They would honk inexcusable on the roads, would spit anywhere and throw filth at random places and then crib about why our roads aren't clean. These are just Brainwashed "Think School " & " Study IQ" Audience, who can't listen to anything bad about India .

[Maratha]

The problem with Indians is that we are happy with mediocrity. We start feeling proud to have the fastest growing major economy even though the growth only around 6%. China was growing at 12% at its peak.

[anonymous-kimn]

As an Indian, I agree with everything you've stated. Statistics are on point & still fools here portraits the government & its foolish ministers

[Sicario_]

To my indian brothers and sisters..let us not get overjoyed when we hear praise and also not get angry when we are criticized. Our collective focus should only be to make our country a superpower. For that we need to put our heads down and work. Humari kaam hi humari pehchan banayega. Jai hind 🇮🇳

[spilltea]

The problem with India is its inequality within regions.
South India and West India are growing rapidly and are comparable to South East Asia. While 2 states Uttar Pradesh and Bihar combined has more population than USA but a per capita income lower than some of the subsaharan african countries.

[persiankingish]

Here in India people vote on the basis of religion and caste and not on healthcare and education.

[sounakghosh]

The true problem is our governments are least concerned about basic human needs/ infrastructure. They are happy with filling their own pockets and showing off some world-class infrastructure in limited areas, while education and health care are overlooked on a broader scale. The chief reason for China's growth was its fantastic economic decisions which are rarely, if at all, implemented in India.

[elon-gatedMusk-rat]

India's frustrating bureaucracy is the main problem that has kept foreign investors away

[whocare]

A huge amount of Taxpayers money goes as salary of government employees where productivity is very less sometime even negative.

[sathishvijayan]

All very true about India. Hopefully the government can take these warnings and do something about these short comings - particularly on the need to invest in human capital like education and health. States in South India have done this and they now comprise half of India’s GDP. The north has a lot of untapped potential.

[Jakekhalid]

Most people simply enter the foreign exchange market without comprehending matters like this. The first stage in building money is determining your goals and risk tolerance, which you may do on your own or with the assistance of a financial counselor who works with a verified Finance agency. And also you can learn the facts about saving and investing and create a clear plan, you should be able to acquire financial security over time and enjoy the benefits of income management.

[naveenb]

The thing that makes me frustrated as an Indian is the tourism sector.. It has very high potential but idk why the govt isn't noticing it.. It cost less to take care and promote the large number of monuments in India than to create new parks and statues

[justiceleague]

For India the benchmark of economic progress is comparison with Pakistan. Really I'm not even exaggerating. When things are not particularly well, they be like "Well at least we're better than Pakistan"

[armaan]

I was amazed as the video was totally based on statistics and not on the opinions of so-called fake leaders and predicters, I believe the best way to strengthen ourselves is to know our weaknesses so that we could work on them and not just fool ourselves into that we are going to be the best.

[Kuttar-jmce]

Indian education is busy looking backwards at vedas. Mythology by itself is not the problem. But making mythology the center of education is the problem.

[bhuvaneshs.k]

As an Indian i don't think India would ever become a developed country
There are too many structural problems to address. No hope

[prajjwaldwivedi]

Same bureaucracy(IAS, IPS, IT'S officers) that is glamorized and put at a very high pedestal is the biggest barrier in India's growth.

[mithildixit]

Thankyou for speaking the truth about my country, many times people get caught up in the surface level data and don't bother understanding the very deep rooted issues facing India. This limits the country from progressing, I think for change India needs to be sure of what it is doing wrong.

[MrAlly]

Unity between people to work towards a common goal and help each other has gone down drastically in the country. People are competing each other rather growing together.