Why is Kerala Falling Into an ECONOMIC crisis? Why did Supreme Court intervene? Explained in Detail

VIDEO INTRODUCTION:

The state of Kerala is nearly Bankrupt!
The state that is known to be the most developed and literate state of India, the state that is called as the God’s own country, is now facing an economic crisis, just like Sri lanka!

As of last week, salaries of 3.5 lakh government employees are delayed, the one who got their salary are not able to withdraw the entire amount, social security schemes of 55 lakh people have been put on hold and now the state of kerala is asking the center to bail it out! And if you are wondering why politics and economics are important for you as a citizen, I need to tell you that, in our case study of 2022, we presented a case study from the RBI’s research which clearly alerted everyone about this problem!! And like I said in 2022, even today if you don't pay attention to your state’s finances, your state will be in the same condition as kerala!!

So if you want to be a sharp student of economics or a sensible citizen, you need to understand,
How did Kerela fall into an economic crisis?
In Spite of being so educated and development focused, why couldn't the leaders of kerala save the state from this crisis?
And most importantly, as citizens of India, what are the lessons we needs to learn from the fall of Kerala?

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#thinkschool #businesscasestudy #geopolitics Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.

[tapabratasardar]

Bengal and Kerala - two of the most influential and cultural hubs of India completely ruined by lunatic communists
sad reality😢😢

[ArunKumar-pmcd]

As an entrepreneur from Kerala, I don't see any hope in this state, it's government and the majority of population who blindly elect corrupted politicians. People are responsible.

[priyabratasinha]

That is the basic lesson of SOCIALISM and COMMUNISM… poverty, dictatorship and tyranny. As a Bengali we already went through it.

[vishnum]

Iam from kerala and this is a eyr opener to everyone. Thank you Bhai ❤

[mr.vishnuprasad.k]

As a Keralite i can whole heartly confirm the infos. The lavish lifestyle of the government is a most cause. Really Fed up with the Kerala Government.

[ashwinikumar]

Kerala’s MP and MLA pension should be stopped immediately

[varunplr]

That was truly remarkable. As a Keralite, I can attest to the fact that the politicians in Kerala have largely failed to address the current crisis. While governmental change is inevitable, the consecutive terms under the Communist government have seen the state's condition deteriorate significantly, shifting from prosperity to adversity

[thatavarthijayaprakasarao]

No economic discipline. No development. A universal truth.

[DomainSolutions-gbxb]

I am from Kerala. The news sounds very genuine. 😢

[tonyantony]

As a Malayalee, the political situation in the state is such that, if I have to start a business, my first choice would be Tamil Nadu, especially Coimbatore or nearby. I think all Malayalees will understand why.

[AnanthapadmanabhaKurup]

As another Keralite, I am vouch for this. And this is a large cause for most of the youth to not even think of going back for holidays.

[sunflower-hzrz]

Kerala has the most educated people. But, no employability. People are ready only for white collar jobs. Every family is mininum middle class and have good Financial stability. Abroad population from Kerala is more. But, in the state, there is no space for business, enterprenuer ship and employment.

[athul]

Thanks for bringing this up man. A politician from Kerala said that CPM used to deliver food to patients who come to hospital when asked why there are less medical supplies 😂
Note : Her name is Chintha jerome

[senotriusneo]

It's an open secret .Everyone knows and yet still voted for the same ideological govt in Kerala.

[dharmeshparikh]

It's unfortunate that such a geographically blessed state with hard-working and talented educated people is mismanaged by lunatic government. 😑😑

[ajanpff]

Fun Fact: 1 crore spent by Chief Minister Pinarayi Vijayan for a luxury bus. He said that he would be using it for attending Nava Kerala Sadas.

[JoelJohnson]

As a Keralite and Think School subscriber, this video was what I was dreading for the past 2 years. I knew this was coming. If you're wondering why this is happening to Kerala despite high education, health, literacy, low income inequality, etc. then yes, the leftist governments have focused on educating everyone and providing basic services for all people. However, the're always anti-business. So we're a state where everyone gets educated but they can't get a job because there are no businesses. So the Keralite youth is forced to migrate to other states and countries. They pay their taxes over there. They spend their money there. So how can a state generate revenue where there are less businesses, most of their people work outside Kerala and pay taxes outside Kerala?

[jeweljoseph]

As a Keralite, I must express my dismay. The people of Kerala deserve better. They trusted the LDF and now they're suffering. Not a single educated minister in this supposedly educated state! Corruption pervades every corner, and the state government shamelessly claims credit for the central government's initiatives. Even the Chief Minister's daughter is embroiled in controversy, which is why when the PM visits Kerala, he panders to them. If news breaks that the Kerala CM has been arrested, it wouldn't shock anyone; after all, he's been involved in shady dealings like the Lavalin case. The ruling party manipulates the youth, turning them against Congress and BJP. Let's not forget, this party has even protested against computers and manufacturing facilities, turning Kerala into a mere consumer state with exorbitant taxes.

[moviesman]

thanks a ton! you are brilliant and inspirational!! we need more people like you .. from a concerned malayali

[smixy]

Hi! Great work guys. One feedback I would like to give is that whenever you are deep-diving into a segment which is a major hitter of your segment, can you just represent them with some vertical stacked graph and similarly when you are deep diving into that category more you can use another chart. The reason for this is because when I watch the case study in one-go, I loose context and have to go backwards to find why we are exploring this topic. Otherwise, phenomenal job!