As an Indian I want to express my sincere appreciation for the valuable economic insights you consistently provide on your channel. Wish u goodluck for your future endeavours
If some Indians make random, unwarranted comments putting Pakistan down, that is not good at all. But you have in the past made clickbait titles to attract Indians. Separately per capita GDP in India is $2621. In Pakistan it is $1471. The difference is not $400. More relevant to likelihood of bankruptcy is credit rating. India's credit rating is BBB- while Pakistan's is CCC+. The difference is 7 rungs, which is very significant India has not had to approach IMF in last 23 years. Of course even at $2621, India is still a lower middle income country and there is no reason for us to brag. Good luck with your videos. My suggestion: don't clickbait Indians and don't get triggered by them. Stay focused on those that the videos are intended for.
Its not $1471, from imf data mapper website they have not updated it for this year 2024 and it says “ No data” for 2024. Pakistan econony nosedived in 2023 and imf shows data from that year thats why just wait till it gets updated for this year that would shut your mouth up.
@saadwaheed465 Why being so rude? If 2023 was a bad year, then per capita GDP would further decline once data is reported. 2024 has just started. The GDP growth rate estimated by IMF for FY24 is 2% while population is growing at 2.8%. How will per capita GDP increase? In any case, I used the 2023 numbers for India and Pakistan so it was an apples for apples comparison.
@@saadwaheed465 Pakistan's economy is $340 Billion and Population is 250 Million. *So Pakistan's GDP Per Capita is $1400* in 2023-24. India's GDP is 3.75 Trillion and Population is 1.45 Billion. *So India's GDP Per Capita is $2600*
One of your best podcasts. The way you explained the economic wisdom and financial roadmap is tremendous. This is the reason we need young, energetic and talented individuals like you who can decode the complex issues and describe in simple words to layman. Hats off to you brother and all the best.
Regarding Iranian gas line … it’s not just about US sanctions , it has to do with Saudi Arabia as well . Mbs is more interested to supply energy to Pakistan and Iran n Saudia are not in to good terms since long
"Aapke ache din chal rahe hai, hamare kharaab" lekin inshallah waqt badlega. My man isnt praying for pakistan to do better He is praying for India to do bad or atleast pakistan to be above India. Bro tumhari problem hi yahi hai, India is either your goal post or getting India behind is the goal. Goal is never to get better together or simply form good relations with India. Itni ego even after being such a failed state that podcaster doesnt even live in the country yet is jingoistic enough to make such comments.
1 imf bailout vs 24 imf bailouts Combine that with lowest literacy rate in the region and yet the culture of boastful arrogance .and we have the mess in front of us that we see
Brilliant narration. Agreed with all points except, there is no TAPI or IPI now, India is out of any connectivity project that includes Pak, even though at high price we have to circumvent via Sea to Chahbahar. Imran Khan thought he would shield Mumbai attackers and yet talk peace. Lashkar e Toiba or Jaish would blow such pipeline and then Pak gov will claim it's non state actors, like Mumbai attacks. Islamofasicts would chant Ya Rasool Labaik, we won't let gas and goods pass. Better sense for Indian is to avoid Pak
Being from India, it brings no joy in seeing the current state of Pakistan. I hope I get to see a day when there’s trade and some kind of free movement between India and Pakistan. Also, a lot can be learned and implemented by Pakistan that the Indian Polity has done in the last 75 years. Yes there is corruption, but we have strengthened a lot of our institutions, especially the Election Commission and Supreme Court. I hope Pakistan gets to see a day with a leader with a majority Mandate. For now, unfortunately, seems far off.
A weak pakistan is actually better for India. Atleast in textile industry. Input costs in Pakistan has made it unviable to compete with India and Bangladesh. This is good for India and BD
Couple of days back, I was watching a podcast identifying the problems of Pakistan. I believe everyone can see problems, indentification is important but those people were not coming up with solutions. It is because they lack the skill of critical thinking and problem solving. This video of Muzzamil is the first video I have seen which is identifiying the problems and sharing the best possible solution at best to his knowledge. That's fabulous and these types of people are needed in Pakistan which will lead to problem solving and bright future of Pakistan. Hatts off to you for your contribution. I believe this is education rather than studying useless stuff in schools. This video being an A levels commerce student studying Economics helped me alot in implementing my knowledge practically. Previously, I know all these things explained by muzzamil but this video showed the practicality of these concepts and also changed my style of thinking Thank you Muzzamil.
Good tight slap on face of Indian trollers... being an Indian I don't support such trolls.. anyways nice informative videos gives information on overall economic fundamentals not only Pakistan..
Yes people shouldn't troll. But he should not be surprised about how such Indians find his show. In the past several times he has put clickbait headings precisely to attract Indian viewership. Also, while I don't endorse trolling at all, his lies of there being just $400 difference in per capita GDP of both countries should surely be called out.
@@gauravipal9518 at that $400 figure, let them celebrate and enjoy on his own lies.. he is smart and knows the fact that difference is more than 50% now i.e 1200$..
He was saying Pakistan's economic fundamentals are better than India just few months back 😃 So dont blame him for not knowing difference between $400 and $1400.
it won't be very different because imf used an exchange rate of 240 in it's 2023 calculation and population of 229M and now PKR ~280 to dollar and according to new census population is 242 in 2023 (247 incl POK) growing by ~2.5 PERCENT. Given that pakistani gdp had negative growth last year it might actually be closer to 1400 now
Loved the rant …. Also good message to us Indians up front and at the beginning of the video ….. India too has miles to go and many many sectors and problems to solve / develop … I am sorry about how some of my brothers / sisters are showing their SCHADENFREUDE ….. Overall a great video …
Why apologize Even if some Indians do such shit doesn't mean we keep apologizing for them. It just shows our constant Inferiority complex. Such ppl exist in every country. Americans also write similar shit about Russia or China. It's just that we see lot of Indian because of our population and easy access to Internet. I just physically crunge when I see Indian apologizing for normal shit. I would love Indians apologizing for real shit that matters in World like not following rules while driving or normal civic sense. Why apologize for something so trivial.
what do you say about him lying about the gdp per Capita figures? isn't that a petty thing in a video where he is calling out others for being petty? India is at 2850 in 2024 according to imf, Pakistan is... 1300? 1400? 1500? after devaluation. Yet he chooses to peddle the copium that it is a $400 difference. I can take the message of not becoming arrogant but not when it comes wrapped in this petty set of lies. Yeah 2850 is nothing great but it is twice that of Pakistan - let him be humble enough to at least say the truth from his mouth before he expects grace from others
@@AKumar-co7oe ok fact check him …. educate him / point out his mistake … Maybe consider that he made a honest mistake … The broader point - India needs to increase its per capita GDP however is still true … it was recently pointed out be Raghuram Rajan and many other prominent global economists ….
He is the symbol of Pakistani arrogance. Never appreciate others achievements but feel good with self grandeur illusions and showing others down. Every Indian agrees we are far behind China and US but we are atleast 10-15 years ahead of Pakistan. The difference in per capita between India and Pakistan will start increasing from 2024 onwards.
Agreed Completely 👍 with huge appreciation upon your humble effort on bring us the consolidated perspective for thriving economy, I am pretty much optimistic that youth will understand the current perspective of economy and put much of their effort in non-sexy industrialization things which eventually evolve our basic economical structure with the topping of revolutionizing direction in the benefit of Nation & Ummah as well.
Good insights Muzammil bhai, these monologues are becoming even more interesting than podcasts, love the energy and flow you have, would suggest to take it to one hour mark instead of 30 min. Thank you for all your efforts.
How about renewal energy?? I remember hearing about 6-8 years ago that there was a company in Sialkot or Faislabad (dont remember). They invested in solar energy. Solar being new in Pakistan, they miscalculated and they ended up with much more solar. So then they gave 24/7 electricity at much much cheaper price to all their staff neighborhoods. Pls check into these kind of situations
Sirf Dil ki baat hai dimaag ki nahi 😂. syed Muzammil zaidi is a lying piece of shitt. As per IMF website GDP per capita gap 1400 vs 2800 hai.. double. 1400 ka gap.
As an Indian, I firmly believe that promoting negative comments is never the right approach. However, given your influential position and considerable viewership, I suggest having a more thorough understanding before making any comparisons. Although I am not a subscriber, I have followed your podcasts where, I must point out, many guests displayed limited or no knowledge about India and its functioning, making uninformed comments. Making comments without a complete understanding is not acceptable, especially when your audience is as extensive as it is. While I cannot address all your biased points about India, I'd like to highlight a couple of counterpoints. According to IMF data on GDP per capita, India's figure is twice that of yours, despite our population being 7-8 times larger. Additionally, when it comes to IMF bailouts, India has sought assistance only once in 1991. Considering your youthful appearance, it seems unlikely that you were born before then. Thus, for your entire existence, India has not turned to the IMF, unlike your country. It doesn't require exceptional insight to recognize that there are fundamental issues in every country, including yours. Comparing Pakistan with India loses relevance when the Tata Group of Companies alone holds a higher valuation than the entire nation of Pakistan. I rest my case. Please understand that my intention is not disrespectful, and I hope you take this feedback in a supportive manner.
You should not give importance to negative comments. We are billion people so consider that. Just for few comments you are angry. Please note for indian contents negative comments comes from pakistani and Chinese or others but top youtubers do not react to that ..
I disagree with some weird comments from our side but an important point, gdp per capita is not the right metric for comparison. It must be PPP per capita, as the buying power is needed to compare the economy’s buying power. For example, one Rupee goes a long way in India compared to equivalent value in Pakistan. It’s the same with China, they are much more prosperous on ground than the numbers suggest. Most commodities and manufactured goods are cheaper in China, it’s similar in India at least for food and consumer goods Let’s take the example of a toothbrush, it will be $3~4 in the US. It’ll be half in India, may be 1/3rd in China but all these transactions are added to gross GDP. It’s the same product but with different valuation. So comparing without buying power is incomplete. I am not going into reforms or social indicators such as education or sanitation or women empowerment as these social commitments also require a lot of govt spending which would suppress gdp numbers as the returns are intangible and mostly go towards human development
bhai kisse samjha rha hai, ye Pakistani hai. inka dimag kam kaam karta hai inn sab mamlo me upar se nawabi kam nhi hoti. Akadh toh itni ki America ke baad yhi super power hai
You are correct..... imported products in India are very costly like iphones, palm oil, chocolates, petrol diesel etc or Heavily Taxed products like alcohol, meat etc because of religious reasons.
@@krunalbansod773 Yes but iPhones are a luxury in India. Meat in India is actually not that expensive. Only big issue is the cooking oil, govt is trying to encourage farmers to grow corn or soybean for vegetable oil. Generally speaking, food is much cheaper in India
Pakistan's economy is $340 Billion and Population is 250 Million. *So Pakistan's GDP Per Capita is $1400* in 2023-24. India's GDP is 3.75 Trillion and Population is 1.45 Billion. *So India's GDP Per Capita is $2600*
Actually inflation number should also be considered with this. We may not majorly buy products globally but our inflation is not much compared to pakistan so gap is much wider if we consider that. Baki don't watch these pak channels for gk. Ye log India ko abhi bhi kafi piche samajhte haan
@@NomanAli-dd8dk Not true. 4.1 Million Cars ( 41 Lakhs ) in India were sold in 2023. And in Pakistan, Only 30,000 Cars were Sold in 2023. So India has 130 times more people than Pakistan who can afford to buy a Car. The Car Data represents how many families' aspirations gets fulfilled.
@@NomanAli-dd8dk In India my driver and servant make more money and have a better standard of living than Pakistani Middle class because our labour make more than Rs 50,000/month ( 180,000 PKR ) per household. Also they get lots of free food grains, pulses, wheat from the Government in India every month, Which the Paksitani government doesn't give to its citizens.
@@NomanAli-dd8dk In India there are a Total of 350 Million Cars, Whereas in Pakistan there are only 7 Million Cars. So in India there are 50 Times More cars than in Pakistan
As an Indian, apologies if some comments from my country hurt ure feelings. ... however as an upcoming u tuber u ll have to learn to disregard troll..... Just see how shah rukh salman modi handle troll.....i guess u ll learn Further if u have put a content nyone can watch it and comment. Thats democratic. U cannot get offended by comments. Now coming to the content.. coal is never a good idea for electricity. None of the fossil fuel is in long term.... Hydro nd nuclearis the way ahead
Allah apko salamat rakhay or rah e rast par rakhain....! You're doing an amazing job. Pakistan needs a lot of people like you, jo is mulk ko apna samajh kr iski bhalai ka kam karain, na kay just tankeed kar kay mazeed fasaad machain.....!❤
Such a nice eloquent and comprehensive approach at explaining the things at the very basic level. I have continuously watched your videos and also recommended your videos to my students too.
Not to nitpick on the numbers but currently India is more than 1000 dollars ahead in nominal terms in per capita gdp and almost 2500 dollars ahead in ppp terms which is quite significant. Although you are correct in pointing out who are we comparing ourselves to, 'Pakistan' an artificially created state. You and I are both young enough. My comment is also going nowhere. In merely 3-4 years India will significantly race ahead. And I see Pakistan going into more deep trouble. I see Pakistan going the Haiti way.
@@cherishgp exchange rate used was also 240 pkr to a dollar which is more like 280 now. pak population last year was 242 according to census, 247 including pok
1. Education is needed. Agree with you there. But focus should not be on degrees. Two gaps need to be addressed: a) skills gap eg Pakistan needs plumbers. electricians, fitters, lathe operators etc. to transition to production based economy; b) Basic literacy which is missing due to insufficient primary schools. India noticed that even a woman with basic literacy is likely to give birth to fewer kids than her illiterate counterpart. Pakistan needs to work on bringing down total fertility rate. 2. There was huge loadshedding in 2009 in Pakistan. So if take or pay contracts were the reason then circular debt should have ended. Access to electricity comes before affordable electricity. If PMLN had not established electricity plants in 2013-17 and loadshedding would have continued to increase, how would you move to a production based economy? In 2013, no foreign company was willing to invest in Pakistan other than Chinese companies, and they were only willing to do so on a take or pay basis. In order to attract FDI, Pakstan will have to reduce terrrorism, improve availability of skills based education and labor, improve ease of doing business, etc. Until then, there are no options other than Chinese companies demanding dollar based take or pay contracts. Reducing transmission and distribution loss (in some cases it is theft and dacoity) through metered readings and coming down heavily on kundas is the only short term approach to reducing circular debt in addition to prioritizing production of electricity from those plants that use cheaper fuel. The 1990s plant with take or pay contracts can now be renegotiated since their investmenrs have already been paId for in last 25 years. 3. India had pulled out of IPI in 2012 itself because the transit cost demanded by Pakistan was found to be unreasonable and Pakistan was unwilling to provide insurance for the pipe infrastructure from terrorism. Zardari signed an Iran Pakistan pipeline agreement in 2013. At the time also, US sanctions existed against iran. So using sanctions as an excuse to not complete the pipeline infrastructure on Pakistani side is just cheating Iran. The real reason is Pakistan's dependency on Saudis and Emaratis for dollar deposits. They prevent Pakistan from completing the pipeline. India has just signed a 10 year contract with Qatar for LNG. It is no longer interested in TAPI. In any case it is the stated policy of Pakistan to not have talks with India unless it reinsttates article 370. Pakistan's relations with Afghanistan are also going down the hill. So TAPI is dead in water. Focus on renewable energy sources like sun and wind. 4. During peak sumner only 26 K megawatts electricity maybe evacuated from power plants, but simultaneously there is also huge load shedding. So why is more electricity not manufactured? There is insufficient distribution capacity to evacuate electricity from plants if they produce more. Investment in distribution capacity is the need of the hour.
3:15 "$400 ka farak hai GDP Per Capita mein"? Kindly educate yourself: Pakistan's per capita GDP= ~$1400, whereas India's per Capita GDP = ~$2600; both by 2023 figures. That's a difference of $1200, not 400$. Lol. Almost double! Going by the growth rates it'll be double in a year or two. Until then keep enjoying the delusion; even the educated ones like seem to be so highly misinformed... Sad.
The difference is still not that much given the fact that we have been stuck on $1400 for the past 10 years... If we manage to address the structural economic issues, this gap will reduce in no time..
@@AbdulBasit-ql1yt The gap is only set to increase, given the growth rates. Also, the difference is not that much? Hahahahahha. Delusional Pakistani, it’s almost double of Pakistan’s figure. DOUBLE is not much? Hilarious.
@@AbdulBasit-ql1yt the gap will reduce once you start growing gdp per Capita faster than India. Apart from lockdown the last year that happened was 1992 when India has a forex crisis. You guys keep underestimating what it takes to get gdp growth, which is fine by me. you deserve it. Right now you aren't even keeping up with India, and you think you will catch up in no time. Meanwhile we are investing into making energy cheaper (worlds cheapest solar energy with domestic manufacturing), logistics cheaper (100 percent rail electrification), public transportation (14 Metro systems), Internet cheaper (jio cheapest in the world), and right now you haven't even figured out how to resolve your structural issues let alone begun implementation and you think you will catch up in no time. It's more likely that you will fall further behind for 4-5 years before you figure out a growth model that can sustain 5-6 percent gdp growth. But even then unless you control population growth you will have to grow 2 percent points annually faster than India to have the same per Capita growth. these things require significant investments and social reform and none of it is happening right now
Dear Muzamil, you explain things so well that it is a delight to listen to you. You also speak very well. Through your podcasts you provide great value to the society not just to the Pakistanis or the Pakistani rulers. I am sorry that Pakistan is in a very bad state for many good reasons and it looks difficult to come out of the situation unless there is a complete mindset change but that also cannot happen when the same set of unethical and low IQ people are in power. The only hope is awareness created by podcasts like yours.
Does that means propagating solar systems will cause decline in demand of electricity and that in turn will cause increase in price of electricity?? @14:27
Chae din kab the aapke ache din hume apne mehnat se banaye hai kisne aake aid ( bheek) nahi di ye overconfident confidence hai bhai tu jala mat Lena please apni 🔥🔥❤❤
1947-90 tak Pakistan performed much better than India in every sphere of life. Our per capita was more than India, our industry was performing better than India, we had comparatively better socio-economic indicators as per HDI, and even in science and tech we were performing better(We sent our first satellite into space--SPARCO came before ISRO), we were incomparable in sports (cricket, hockey, squash etc). But our decline came after 1990 mainly due to the political economy that emerged after that due to brainless and selfish politicians, and resultantly in last 30 years our economy nosedived and we lagged behind in every sphere of life. It's good to see India growing today and I hope both India and Pakistan grow together in years to come..
Hi @muzammil Sorry on behalf of some indians who just have got arrogance to showoff some things that they havent achieved in life and try to you know make fun of people or country which is on the way of development and we hope that it will develop bcz not only one country can grow in region everyone should grow and when everyone grows then only our neighborhood would be peaceful and India has to achieve many things in future and still we are on the path and currently we are just 1000 dollars more in per capita then Pakistan in 2024 so we also have to go a long way
Sir, in my opinion, the reason why India is developing so fast is because of people who are focused on working hard and contributing to the development of India. Then you have people like you mentioned who have achieved nothing and are showing off like they are the ones who did something. I believe you are part of the former ❤
Pakistan should also invest heavily in rooftop solar as well. A few suburbs of Adelaide alone are good enough to provide for all the power used in South Australia and the remaining is all exported to other states. Pakistan has immense potential for it.
This is my first comment on your channel, I have watched your podcasts that attracted my interests, but something about these 9 episodes that whenever I saw on my feed I instantly clicked, they are really informative and interesting to listen to. I do hope you carry on creating these more. Good job Muzamil and the team!
Such a great video. I was listening and thought a few times. Good point i am going to like this video but i had already liked it. So many great points.
Muzamil you are right in your resersch for pakistan to grow, but don't you think before you go towards production based economy you need skilled labour in large scale which brings you to education, what do you think kindly comment.
You're amazing bro!! This is the first podcast i heard of yours and I loved it. Well I'm also a business owner who imports laptops and sells them here but nowadays my industry has suffered a lot, so i was thinking the same to change my industry and i wanna make a product that i can export.
Hamesha view or counter view padho Aaur padho books , podcast suno but facts hamesha khud check Karo Basics hamesha sahi ho aaur kuch right ya wrong nhi hota fact fact hota hai . Ek pragmatic realistic approach follow Karo kise ko bura lage to lage lekin apne AAP se jhut mat bolo .
Bhai it is around $1200. Pakistan's GDP per capita is $1471(2023 data) whereas for India it is $2610(2023 data). These are IMF figures. Tomorrow we get the latest figures. Anyways peace bhai.
India ka naam liye bina Pakistan ka kaam nhi chalta. India ki population 140 crore hone ke baad bhi per capita income tumse jayda hai and tumse 25crore nhi smabhal rhe. Upar se nawabi kam nhi hoti Pakistan ki #Banana Republic 🍌
Hallo bhaiya...🇮🇳🇮🇳🇵🇰🇵🇰 Main aapki videos bahut time se dekh rha hu, aapke bahutt sare podcast dekhe h. Aapse bahut kuch sikhn ko milta h. And recent videos se to economy k bare me bhi bahut achi knowledge mili Lov you keep it up 👍❤🇵🇰🇮🇳
As an 🇮🇳..I really liked what you said about Indians..Modi has made some people to believe what doesn't exists ...we have millions of people who can't afford food ..but Gadho mein dimag hota to vo gadhe kyu kehlate😊
Cng was introduced in India in Delhi in 2003 , before metro was build The entire bus fleet was overnight switched to cng and diesel buses were forced out The infrastructure slowly grew , with Nearby cities slowly getting coverage Never saw a day where there was shortage Until recently with electric cars , every single commercial vehicle (trucks, buses , taxi, tempo ) are mandatory cng Then cars were being launched, government has very strict rules about cng kits and companies have launched factory fitted cng The infrastructure also supplies gas to homes now with pipe gas Currently there's research over adding bio gas based cng and hydrogen mixed with cng (H-cng ) I'm surprised at like most things in Pakistan , even cng ends up being a pain in the long run. Right now there are cng based power plants and locomotives running Natural gas is indeed the cleanest fuel
The best solution is RFO power plants can be converted to thar coal because they dont rely on critical temperature boilers(simply speaking you can put anything in them). we have rfo plants all over country too, so grid stabilisation issue is also solved. The thing is hubco has recently started this just a few months back. thar can literally change our electricity prices overnight.
The unit cost of electricity produced by furnace oil is cheaper in the present market conditions as per wajeeha sajjad energy analyst at Optimus capital
Great video, I really appreciate your efforts for the betterment of Pakistan. One thing that I pray and hope for is that I want more and more people specially youth of Pakistan to consume this content instead of watching Ducky Bhai etc if we want to grow as a nation
after 25 years you will be saying same things. Your society is highly radicalised and their no scope of improvement. It will be same as Yemen,Syria .. etc
Radicalised lol are you seriously saying that living in India I mean I'm not denying that Pakistan has been through that but we are on the recovery but India has chosen the same path we took in 70s and trust me we know how damaging that is in the long run
Most homes prefer Gas heating in US. Most homes unlike apartments prefer gas. Only in some states they have more electric stoves than gas. Ovens are typically electric.
@muzamil You have such a deep understanding of Economics, and such an elegant way, to explain that in most simple terms, to economically challenged (pun intended) brains like myself. Keep up the good work!
1 thing i can say is that Pakistan has industries that haven't been fully utilized yet. Such as microbial gels used in labs or cement. The problem is alongside access to cheap gas & electricity, would be regulations and global trust. For instance a cement maker in Pakistan has to climb more hoops vs other neighboring nations to ensure its buyers in the EU or North America that it WILL have strong quality control. But the buyers in the west have a hard time trusting these manufacturers and thus does impact Pakistan. If we can increase business confidence it would motivate entrepreneurs to invest in Pakistan and etc. just my 2 cents.
