Can India achieve 5 trillion economy | Indian economy in 2025 | Rakesh Jhunjhunwala

We are on the way to become $ 5 trillion Economy | Rakesh Jhunjhunwala

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About the Video:
In this video Rakesh Jhunjhunwala talks about India's future growth. He is very confident that GDP will grow at a double digit to reach $ 5 trillion economy by 2024-25 as per governments expectations.

Topic & Discussion:
Inflation is high but interest rates are still low and RBI is not much bothered about increasing the rates to control inflation, and that is largely due to unavoidable circumstances.
RBI has kept the rates unchanged this December. What does that mean to us? Well, let's talk only about positives because we are heading towards a $ 5 trillion economy by 2024-25 and from here what we want is to grow faster.
Companies grab all the opportunity to borrow money when rates are down like in the current situation. The main aim of RBI when they lower the rate is to stimulate economic growth by pumping money into the system.
However, when there is excessive growth and perhaps the inflation.
Rakesh Jhunjunwala is confident that GDP will grow at a double-digit in long term. Nevertheless, since the inflation is high RBI may increase the rates in February 2022, which might not help GDP to grow at a double-digit.
Let's listen to the Big Bull himself on what he thinks about Interest rates & economic growth.

About the Speaker:
Rakesh Jhunjhunwala is an Indian business magnate, stock trader and investor. He manages his own portfolio as a partner in his asset management firm, Rare Enterprises. Jhunjhunwala grew up in a Rajasthani family, in Bombay, where his father worked as a Commissioner of Income Tax.

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[archstanton]

*AS OF 2023:* incredible! superpower! india! has a PER CAPITA GDP of 2, 600 dollars *WHICH MEANS THAT incredible! superpower! india! IS POORER/HAS A LOWER PER CAPITA GDP than:*

*- ANGOLA*
*- GHANA*
*- REPUBLIC OF CONGO*
*- IVORY COAST*
*- PAPUA NEW GUINEA*
*- SANCTION-DESTROYED VENEZUELA*
*- SANCTION-DESTROYED IRAN*
*- ECONOMICALLY FAILED LEBANON*
*- NAZIsraeli-OCCUPIED PALESTINE*
*- WAR DESTROYED SYRIA*
*- WAR DESTROYED LIBYA*
*- STREET GANGS DEVASTATED EL SALVADOR*


AND, if we then take into account the 440 MILLION "indians" IN Uttar Pradesh and Bihar and Madhya Pradesh, we see that those 440 MILLION "indians" *ARE POORER/HAVE A LOWER PER CAPITA GDP than people in:*

*- KENYA*
*- HAITI*
*- ZIMBABWE*
*- SENEGAL*
*- CAMEROON*
*- ZAMBIA*
*- TANZANIA*
*- UGANDA*
*- SUDAN*

[koushikbhattacharyya]

We cretisise him, but just think how he made position in TITAN..
Best investment in Indian history forever...

[basikgyaan]

Raghuram Rajan after listening to this 😗