Urjit Patel or Useless Patel .... India's Financial system and economy just got crippled because of Mann ki Baath .... very unfortunate that New Delhi is more weaker than ever before....
honestly speaking , this man is world's one of the great economist. no wonder dr. manmohan singh and mr. chidambaram combination lifted india's economy smoothly to higher rank.
palmino22 Mr. chindabaram has put the fact n realities very humbly without any prejudice. he was favourite because of his policies introduced. also regretted about not given 5 yrs to Raghuram Rajan. we also missed him. Modi govt. misuses Urjit Patel n he is allowing misuses!!!!!
Well said.... Just because someone speaks elite and polished english, people think they are making sense. P chidambaram is a corrupt asshole who looted taxpayers money along with his son.
Karan Thapar is an embarrassment to journalism. He is a Congress poodle - this interview and his interviewing of Kapil Sibal are good proof. On the other hand, when he interviews BJP politicians, he gets rude and aggressive from very first opening line. Nothing wrong in grilling politicians. But this guy, his bias and selective outrage are nauseating.
Economist? Learn what an economist mean. The man just holds a Management degree. Anyone with a MBA from a reputed institute can speak like if they are good enough to speak politely in polished English. Indians have this obsession over rating ppl as intellectuals if their English is good. The man was a disaster as a lawyer and went to Harvard to find a career. Ask any senior lawyer at Patiala ot Delhi HC will tell you abt his intellectual prowess. 2G scam was this man's brainchild. there's no denying that he's master manipulator otherwise wouldn't have been able to rig the election in 2009 to win from Tamil Nadu after losing initially. A devil who speaks like a gentleman. Learn more about Aircel Maxis scam and you will know how he and his son looted the country by abusing the ministry in UPA regime. I am in fact preparing a case study to put out how they did systematic looting. Any CA would know abt it.
Excellent interview given by P. Chidambaram. He remained calm and composed throughout. Whatever statements he made were with proper stats and proofs. I would like to raise one point that why is it that no one raised an issue over the amount of money spent by the govt. over printing new notes, calibrating the ATM machines and the govt advertising for digital India everyday since 8th Nov.
Swapnil N dear he is a slave of madam Sonia and pappu rahul this guy is once slaped by the late jaya ji .For ur kind info his asshole when he was in BBC he support kashmir cause for Pakistan ,bcz of India like this thugs are leaving peacefully in the name of freedom of speech other wise his place will be somewere else before supporting his asshole check his archives then u will find his real face .
Mr. Swapnil u stands exposed, that u r not here to see matters in perspective, the fact is that u r a blind Modbhakt and here to defend Modiji for a wrong a reason, everyone knows in this country that what wrong he has done to the poor people of this country, everyone in this country knows who's Mr. Chidambaram and Mr. Karan thapar, both are qualified in their choosen field and knows what they are talking, what qualification u have? your qualification and knowledge is understandable from the language u have used. u were talking about the freedom of expression! u better check yourself, u have misused it by writing in this fashion. u can defend your beloved Modiji even if he has done some mistake, but use decent language.
I think irrespective of political inclination,everyone should pay attention to what Mr. Chidambaram is saying since 9th Nov,a 3 times Fin Min,including BJP or Modi bhakts :)
Present day rulers bit the shit out of Congress rule on all parameters today and will continue to do so for the next 10 years... Yes ! The present rules will FAIL on a single count that is SCAMS of CORRUPT Congress.
Agree, he had the best team who looted the country at the best of their abilities and took it 20 years back. Manmohan is a scoundral and he needs tone prosecuted and punished for all the scams he involved in.
Banks refusing FDs is the true measure of the ruin De-Mo caused. If the economy is not kick-started after all this suffering we are all in for some hard times ahead.
PC Sir.. one thing came out clear.. delay procrastination what Congress epitomized should have been the norm.. PM Narasimha Rao reformed so many less in 1991 in less than 100 days .. 300 Crores printing of cash is 5 days week and 2 shift -- with 7 days a weeks and 3 shifts the cash printing capacity When we pay digital cash, privacy is not compromised .. If I pay 100 pays through card -- what I bought is not recorded except the the shops names . Digital is easy and hence people should embrace.. This fundamental right of using cash argument is going too far ..
Suresh Polali if all the money is with banks, they will have a complete monopoly dude. There can never be a cashless economy, no major economy is cashless You are saying that all these rickshaw pullers, street vendors, food stalls should buy debit card machines and download paytm? Even in paytm maximum limit is 25000. Let's be real
saurabh sood on a practical note simply taking your statement only u talked about sabzi vendors rickshaw vala true indeed we don't have to pay them through debit card because we can use smaller notes like 100 to pay to them, let's again be real no sabzi vala gets 500 1000 rs notes on daily basis! The idea is of less cash economy not completely cashless If I wanna go out to buy sabzi I don't need cars 100 rs notes will do but when i go to retail stores n buy groceries I can pay through card or E wallets as simple as that, it is convenient as well as no chance for tax evaders as no cash.
saurabh sood sir. Thanks. This love towards sabziwala rickshaw puller is simply superficial. I strongly feel they are the first people to go digital. it is easy as they need not run for change. they do not have fear of tax as well. the trouble is so called learned people. they do not want digital as it will become transperant. What can be said a father drops his son in school in BMW got economically weaker section EWS QUOTA seat through bribe. PM Modi will change all these things. PM Modi is crusader and will end this cancer called corruption. Good news is that corrupt people do not know the strength of Big data analytics. technology can catch all with a press of a button. Hero has started fighting. vilion will die at the end. Picture abhi baaki he
I read below comments and surprised about the fact that he is corrupt comment by few folks. I do believe Mr Chidambaram is corrupt but who is not but i do believe he is sensible and knows his numbers atleast. The point of this interview is how this will effect INDIAN economy ?, how this will pan out in coming months ?, how one should be prepared ?. Silly folks needs to understand the content and intent of the interview.
Excellent, eloquent, informative interview in a very clear and understanding pace by the one and only P Chidu. He is a man who talks with evidence. He may be right or wrong at least he does not stoop down to the level of BJP leaders way of talking in the interview which is just blaming the congress / media, yelling or talk over the interviewer, rhetorics, beating around the bush and not answering or explaining the point of view with confidence and evidence.
Sir Chidabaram,...Please read my comments. I live in Norway, and hardly use any cash except in some small migrant shops. Our economy is 90% cash Swedish economy is even better. Please do not misled the reporter. You should know better. ! I think you are biased. You feel like..you could have done it before. However I understand, India will have hard time being cash less. But Cashless means when you have majority of transactions are without cash. Any country having over 80-90% transactions cash less, must be considered cashless. USA is a backward country in this sense. ! Scandinavia is most advanced in that sense. Also check South Korea. They already have had mobile banking many years now.
A H Hatheeb Mr.P.C, your replies and explanations in the chain of your interviews in almost all the Tamil channels, the people particularly Tamilians have cleared the impact of the Demonstration imposed by Mr.Modi, who has switched off the whole nation within few minutes. The awareness given by you the thousands of people strongly believe that your oratorical skill , like your administrative ability, would have been an asset to our party. But, I have failed to understand why have you stayed away from taking a main part in the election time 2014. Is necessary for the party guinius detaching from the people? I am your fan right from the inception of G K Moopanar as TNCC President in 1975.
Mr Chidambaram is a sincere and highly qualified Ex Finance Minister we respect him and we janta wish him that again he become the finance minister of india in next election.
Here is the one who is an erudite economist ,seasoned politician and credible finance minister . Government should diplomatically utilize the resources of his parliament before taking lunatic steps.
janta is suffering from severe finincial crisis. There is no cash in ATM machines and the banks are paying limited cash on cheque that is only 4000Rs after standing four hrs in bank Queue we janta didn't face this type situation before. And janta is not happy with this.
mohammed firasath ali better u can migrate to developed countries like Pakistan, afganistan or syria there is no problem from so called fascist and there is no demonetation and muslim are very safe.Dear why ur staying in this india u need better life dear u can migrate we can survive here bcz if our family have some issue we r ready to sacrifice our comfort for some time for the betterment of our family same thing to India I consider as my mother I am ready to sacrifice jaihind
mohammed firasath ali now u consider india is Ur country for the wellbeing for this country u cannot wait for some time look every body have issues nothing is easy but we have to sacrifice for some comfort for the wellbeing of our future generations.
teach ur fundamental rights and country laws to Ur islamic mullah still they didn't recognize our fundamental rights even they put fatwa against our national song and Ur antem better don't teach us abt nationalism dear
vivin panicker dude, that's the whole point. You can stand in line for hours but it won't be beneficial. People who have black money, bought gold and property. Demonetization is not the answer for black money. When the new notes come, corruption will resume.
what about that people who saves small savings for their daughter's marriage in their homes and our government is telling that that is a black money. poor janta lost their small savings by this sudden dicision taken by our government.
What steps did Chidambaram take against black money when he was FM? On the contrary, he got a treaty done with Switzerland to hide transactions done before 1 January, 2011.
It is very ironic that Mr. Chidambaram has no comments on Rahul Gandhi, his party's vice-president's statement but he does not shy away in saying the appointment of Army chief is out of norm. Also I'm surprised Karan Thapar did not raise a question/comment about how demonitisation has broken the backbone of the cash based industries like human trafficking and terrorist organizations!
The comments by PC do reflect his frustration and his lack of any effort in tackling black money during his period. He is good at English and argumentative skills but he will justify corruption as if it is part of life!!
How is my privacy compromised if I pay my bill digitally in a drug store?!? The credit receipt is not a prescription which will list out what medicines I'm taking. N the government is NOT forcing you to use card for peanuts n popcorn, when Mr. Modi said India should be a digital economy I think it is common sense that he must mean for transactions above Rs. 500.
Sir, Further...objections... All medicines I use are registered in farmacy. Govt knows it all. Govt knows my ailments. Because I pay hardly a fraction and govt pays for my all medical means.
Karan Thapar does every attempt to make P Chidambaram say that demonetization is failed policy though former is much balanced. As an interviewer your job is to stay neutral keeping aside your biases and let interviewee express their opinion. Its harder to change at older age but as interviewer he should strive to become better
Chidambaram made some valid points on cashless society but a counter question should have been "Why not debate this in parliament ?". What could and should have been a great session of debates between the government and opposition has been washed out again.This was a great opportunity for the parliament to reinstate its credibility and relevance in front of the country
Karan Thapar is an embarrassment to journalism. He is a Congress poodle - this interview and his interviewing of Kapil Sibal are good proof. On the other hand, when he interviews BJP politicians, he gets rude and aggressive from very first opening line. Nothing wrong in grilling politicians. But this guy, his bias and selective outrage are nauseating.