How will Modi govt fix India’s problems? : ft. Sanjeev Sanyal | Indian Business Podcast EP-13

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In today's episode
In this episode of the Indian Business Podcast, We have Sanjeev Sanyal.
Sanyal is an Indian economist and popular historian. A member of the Economic Advisory Council to the Prime Minister of India, he has helped prepare six editions of the Economic Survey of India since 2017. He has also written several books on Indian history.
In this episode, he discusses India's plan to reach a 10-trillion dollar economy. He shares his point of view on India's growth in the past decade and why India is lagging behind Germany.
This episode is a must-watch if you're an aspiring entrepreneur or simply curious about business growth!
Share your thoughts in the comments below!

TimeStamp

00:00 Introduction
3:22. What is India’s approach to become a 10 trillion dollar Economy?
10:21 What we have done different entry in past 20 years because of which this compounding is growing?
18:17 What was it like to do business in 90’s compared to today?
22:45 Government thought they will tax rich and pass benefits to poor people?
28:22 What is Hindu rate of Growth?
31:37 Why has more exports Germany than India even after having less population?
35:10 What is trade oriented infrastructure ?
41:23 What is red Tapism?
42:00 How Germany Reached such Heights with Mittelstand companies?
52:15 Why is India’s MSME sector struggling for capital?
56:00 Why is our education system So Incompetent ?
1:05:25 GST is consumer tax and not producer tax?

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[shivendrasingh]

Yesterday only I saw him on podcast called the neon show where he explained how Kolkata was murdered . I live in Kolkata and I agree with him. Bengal, rich in culture and heritage, was once a beacon of knowledge, industry, and arts.The state that once led India’s thoughts and dreams now feels like a fading memory. The saying was What Bengal thinks today, India thinks tomorrow. Now it feels like history.

[MarvelGaming-uvsg]

He is one of the man in modi government who talks about things in a systematic manner and he is one my favourite speaker scrr have produced many brilliant minds he is among one of them ❤

[sauravsingh_]

Sanjeev Sayal is something! I never thought like that in my life about how to make ourselves productive, do innovation while we are in college!
That line of Poverty of Aspirations, that is struck in my mind!

[mrphantom]

Excellent . Finally . An economist who was fair to the evolution in our country over years since 1990.
I was amused to find you slipping in the then PMs photo to exhibit the liberalisation was done by him. You conveniently forgot that not only Mr singh but was Mr.Narsimharao who provoked and encouraged it
Mr Sanyal was fair in his assessment and it was pleasantly startling to hear his final take on graduate education system in India

I always mentioned to my friends and posts why have special IIT colleges where only few thousand students feel special whereas the aim should be to enhance the quality of education in all the lakhs of colleges around the country . No need for elitism and crore packages
The next big important point that deserved an applause was when he spoke about the well educated mbas who don’t know screw from bolt and cannot add major value to their industries other than powerpoints . This is also the problem with major companies who are losing their values thanks to board room PowerPoint obsession

[sasankbarai]

The model he introduced for education is something we need for development. The use of internet and getting the best lectures out there from all over the world is the obvious way to go. Especially in college life, because I know 99% of students study the night before exam and rest of the time no one cares what teacher is teaching they all go just for attendence. So instead of this waste of time students just get hands on experience in nearby companies, solving and improving their products.

[akshaybengaluru]

I feel the following are the challenges in India:
1. No population control and less tax base.
2. Talented people and professionals are migrating to other countries.
3. Some corporate companies are moving out of country due to heavy taxes.
4. Middle class are getting burnt due to excessive taxation system.
5. Freebies are pickpocketing the economy.
6. Rich farmers are not being taxed and they're enjoying all incentives from the government. No government dares to tax rich farmers.

With all these big challenges is it possible to increase per capita income and achieve economic stability?

[hardikshah]

This was one the best episodes of ThinkSchool. I could keep listening to this conversation for hours and hours. Wouldn't we love having such masterclasses more frequently, which is more educational than the theory taught in colleges.

[annar]

Its such a privilege & pleasure to listen to this man !!✌️👏🙏.

[GauravSingh-fwxf]

10 Trillion dollar economy cannot be made till we have Ghar Jamai Service disguised as UPSC

[hari_madh]

Lack of aspiration / ambition is the biggest problem!!

[rag]

This guy is really a nation builder.Entire youth of this nation should listen to this podcast

[CyrusTheGreat-bk]

26:37 Rajaji was visionary. He tried to introduce skill based education which was later dubbed as caste based education and Dravidian model of memory based now has produced students with no life skills

[NithinNair]

I was chilling and listening this, fealt he came in the room and slapped and said go out and innovate !

[xjdisuehd]

I did my masters in IE in US. We are an onshore supplier for major clothing and fast fashion brands. On a revenue of ~$300M, we invest about $10-15M per year in R&D and capital equipment.

Our Indian counterparts, which are less revenue making but more profitable in net margins terms, invest only about 2-3% in R&D and capital equipment, rather preferring to float on their cheaper labor factors.

[georgekangungmaram]

He sounds thorough and pragmatic.Very educative to listen to.Thanks to Ganesh for bringing this discussion.

[AdityaSingh-qkqe]

I am more confident about Bharat's economic policies if Sanjeev Sanyal has a huge role in it - his ideas and thinking prowess are second to none - definitely a person who would make anyone at awe with his ideas and intelligence

[playhard]

Ever since Think School started the podcast, I am waiting for this video, I know this will eventually happen.

[parthshukla]

Within just two minutes, he dismantled half of your research in the Germany video. The way you handled the criticism with a smile was truly commendable

[manaligugale]

Podcast with Sanjeev Sanyal ji could have been in 3-4 parts, each podcast focusing on one topic and going deeper instead of one video, barely touching surface of the topic.