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Ex-CEA cuts GDP estimate, Is India's economy in trouble? | The Urban Debate With Faye D'Souza

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On The Urban Debate With Faye D’Souza tonight, The Ex-CEA Arvind Subramanian to the Modi government between 2014-2018 has written a paper in Harvard stating that India has grossly overestimated our GDP growth. He said that India’s GDP growth between 2011-12 and 2016-17 was overstated by about 2.5 percentage points. Is India’s economy in trouble? Has political denial cost us precious time? Is India’s economic slowdown a hard reality now? Listen in!

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Comments

Rafi Ahmed says:

You are Anti National.

Vineed Das says:

WHY SHOULD THE POLITICIANS BE PROUD OF ACHIEVEMENTS WHEN BUREAUCRATS SHOULD THEN BE APPLAUDED INSTEAD.
SO WHATEVER THE BUREAUCRATS DO IT IS THE POLITICAL MASTERS WHO SHOULD BE RESPONSIBLE AND HELD FOR THIS DROP IN GDP .
MODI IS A USELESS AND A FAILED PRIME MINISTER

SandyRocks says:

It will go down due to sanctions and international politics. Ban of Iran.

Sethu ram says:

Media not asking the govt. Blame yourself

Hasan Mahmood says:

Modi is the greatest actor that India has produced. He has successfully duped the Indians into believing that India has become or is about to become a super power. People all over the world know that india will never become a great power. He has successfully made Indians Ulloo based on emotions. He should be honoured by Bollywood with Bharat Ratna for excellence in acting. What an illiterate chaiwala can achieve but rhetoric to fool indians. 70% Indians are illiterate and poor, for them growth figures do not matter. Low caste Hindus have no political or economic ambition. They know that they were born poor and will remain so forever. Vote for Modi for atleast he is protecting our cows.

Syed Sadiq says:

BUT BJP HAVE WAFADAR DOGS OF MEDIA…
BILLIONS RUPEES FOR ADVERTISING…
ATLAST PAKISTAN AND POISONING MUSLIM IS ENOUGH TO FOOL INDIANS…

Syed Sadiq says:

THESE PEOPLE WILL DESTROY THE COUNTRY…
WAIT AN SEE…

Mohan Shetty says:

Indian economy is in dangerous condition, with out any doubt.

manikanthan raman says:

BJP spokes person accusing other what she is doing herself. The same indicator were important when it suit them but now it is not important. What the hell.is she uneducated ??

Evo296 says:

My one question!!
If the RBI and cabinet data on gdp growth is biased then why don't we follow the data by world bank and CIA. It is simple as that!! Why there is so much argument over this?

manou singh says:

WHY ARE THEY SAYING THE ECONOMY COLLAPSED, ITS STILL GROWING BUT JUST NOT AS FAST AS BEFORE. FUCKING IDIOTS TRYINF TO SHOW THE ECONOMY IS GOING IN NEGATIVE NUMBERS, PIECE OF TRASH NEWS

Dinesh Nair says:

Lets get one thing straight. Modi cant fix the economy. There will wide gap between his hype and reality

ADARSH SHUKLA says:

US – China war will bring nothing to India. US is filing sanctions on a daily basis and moving towards Mexico and Canada for free trade deals. Increase in exports with US will shoot inflation rates and weaken the Indian Rupee. Despite of moving towards US and EU, India should increase trade with comparable currencies to improve its economy. If BJP government still stick to its propaganda state, it will ruin the nation's economy and drastic unemployment. High unemployment rate will increase the crime and Debt.

AFMBSI U says:

JUST WAIT FOR 2023 …THE GDP WILL BE DOUBLE …AND THE SAME BUREAUCRACY WILL SAY THE ECONOMIC IS ON HIGH …I THINK THEY DON'T HAVE THE BACK BONE

Great Analysis says:

Shweta Shalini is right with her analysis. Both GST and demonetisation were needed.

R Paul says:

I am really suprised people didnt realise 2018_19 somany economists from gov financial panel resigned two rbi gov leaving in.row and still people thought everything was perfect!!! Next causality may be RBI

D C says:

GDP is over estimated and going down so what ? Atleast over Population and unemployment is going up than estimated..

Mrunalini Salian says:

The BJP spokesperson claims to be an engineer and not an economist. In that case why has she come for a debate on the economy? We have voted for these fools and we deserve this.

Rahul Khanna says:

Look around yourself , our economic growth is dying , if not actually dead ! .
Enjoy Modi /bjp rule …

Aliy Yila says:

Automobile companies are shutting down the production temporarily and announcing hefty discounts at this odd time. Is this not a clear indication of troubled economy?

Bhavin Tolia says:

Keep outraging till the next election, then again during elections the media will glorify the highest bidder and after elections the outrage will continue… This cycle will keep repeating

K V krishnan says:

Shekhar gupta eminent journalist quoted his interview and explained GOWDA PHENOMENON IN INDIAN POLITICS. When he asked Sri Deva GOWDA whether he ever thought he will become PM of India with handful of MP , Mr deva GOWDA posited his forehead indicating what is written there cannot be changed. Similarly Modi phenomenon is it is written on his forehead that he WILL HAVE NO OPPOSITION more so as long as Rahul Gandhi is the congress president. BJP will have gurumoorthy who is a CA as their SWADESHI economic advisor who will deliver their validectory in paradi language. God save India

K V krishnan says:

As DEMONETISATION modi Sarkar will utilize RBI reserve fund in a year or two meet their poll promises

K V krishnan says:

Recently I travelled by state transport bus from kochi airport , the ticket conductor was smart youngster . I started talking to her when she confessed that she is B,TECH and is in this job as temperory on leave vacancy on daily wages as she could get a job since her graduation 4 years

Abhinav Lohani says:

One more propaganda against Modi ji…Sensex is all time high which means India is booming.

Man K says:

Arvind, Raghuram,P chidambaram all these people are Tamil Nadu economic terrorists funded by the Vatican Church trying to defame Modiji and Hindu swabhiman.

sabihafaisal Khan says:

Ms shalini has only mount which says without using logical brain

K V krishnan says:

As she said Shalini is only simple engineer and she participated in an economic debate as a French participating in Tamil literature pattimandarum

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