We put Oxfam’s ‘Eat the Rich’ condemnation of India’s wealth creators at Davos to test of facts 

total revenue collection for the financial year 2021-2022 is 27lakh crores which translates to 2.25 lakh crores monthly. also please read the references there are more than 100 references for data in the report including your new outlet(the print).

While unrealised capital gains tax is probably not feasible. But it is a common scheme of the rich to buy assets from each other every year at higher and higher prices in order to inflate their portfolios which allows them to borrow more at lower rates, cleverly designating such exchanges as exempt from most taxes. banks routinely give whale clients extreme subprime lending against their unrealized capital gains and amortize any potential loses over their poorer clients through fees and surcharges. that's why fees and surcharges were invented only a few decades ago; they didn't exist in the thousand years of banking in the amount and proliferation we have now. So they are profiting substantially over that "unrealized capital gains".

Hello Sir. Thank you for your insights. I have a few points which I would like to share. I wont go into numbers so that I get the overall basics correct. 1. There is way too much monopoly happening in India at the top level. China having their richest in world's top 10 would have made sense but India's doesnt. Lets say we seriously have shortage of talent and we have to rely on Ambani and Adani (surprisingly both from Gujarat) for quality growth, then may be we would expect a lifestyle similar to Ratan Tata from them. But they want to enjoy all the luxuries of the world. Spend crazy in weddings, build most costlly houses, have a series of private jets. Thats not acceptable. Democracy mein Raja Maharaja nahi sevak hote hain :) BJP jyada he history mein ja rahi hai. Those billionares have to start donating money for upliftment of the poor. 2. Modi government is letting all the big fish eat the small ones. Every field is seing monopoly. Small businesses have suffered immensely since notebandi, GST and then covid, and government didnt do much towards stimulus. Its a shame. Kisan aj bhi usi dar se aatmahatya kar raha hai. We dont want progress at the cost of quality of life of masses. Farming mein technological advancement bohot pehle aani chahiye thi. This government doesnt want to empower poor people. 3. India had a spirit of love and brotherhood. Now there is only patriotism driving the nation. Other than that there is just hate and division. Kisi bhi industry ka kabhi bhi boycott kiya ja sakta hai. Anyone can curse anyone openly. News channels sare bik gaye hain. Bollywood ka culture RSS ko pasand nahi to 100 saal purani industry he hila di. I know we dont have options. But BJP will have to do a better job. Is tarah ki desh ki growth ka faida nahi hai which comes at the cost of pain for masses. Humein Japan nahi ban na jaha janta paisa hote hue bhi depressed hai aur suicide ka sochti hai. Is sey behtar to phir congress he hai. Khud bhi kaam nahi karegi, logon ko bhi nahi kahegi karne ke liye. GDP 3-4% se grow karti rahegi to kya problem hai. Nahi ban na boss superpower if it means stressful life. We need a better balance. BJP does get some benefit as pandemic made things difficult for them, but now they have to start fixing all the loopholes. There is no substitute for hardwork and corporate style governance is the only option. Otherwise only time will tell what masses decide. BJP ne boycott karna to sikha he diya :) Ab time nahi lagta janta ko mann badalne mein :)

There are a lot of people like Guptaji who get very happy when any report puts India down. Because they both hate Modi ji. Survival of the richest ? US is considered as the richest country in the world. Death rate in US due to corona 3.3% India 0.03? Would Gupta ji care to ask Oxfam ? No Because it suits his narrative Even in yesterdays episode he making fun of Modi ji as some one who buys Oil from Russia. Why should we stop buying oil from Russia if the entire Europe buys gas from Russia ? Stop bitching Guptaji Be a real journalist. If you think GST is Gabbar Singh Tax and Rahul baba says so, that’s the last nail on your coffin

As long as the target are Brahmins, Shekhar 'Gupta' doesn't mind. But as soon as the question comes regarding the wealthy Baniyas like Adani y Ambani, he quickly becomes very defensive. Such hypocrisy. He has always given platform to anti Brahmin people like Dileep Mandal.

And nicer looking also 😄

Oh he has a sharp intellect no doubt

I spit my coffee😂😂

Birla Adani and Ambani are 95% of that 1% idiot

Chutiya 1 % amarican 70% of wealth

Well you should know that 99 means 136 crore

21 top billionaire Indians own more WEALTH than 700 million (50%) Indians.

@@gamer-ix6bc We need to contextualize what the bottom of that one percent looks like to say much about that. If the bottom of the one percent is a 3bhk owner in a central metro in his/her 60s who worked their entire life for it, you would be less inclined to taking it away from them on account of the 134 core poor people.

Communists in lutyens of delhi, wearing fine linen and sipping wine - do you see a similarity?

How is it hypocricy. Don't doctors smoke?

@amitabh Totally agree, such episodes make the membership totally worth the subscription.

Kindly read my comments above and give your views

Business Success in India is NOT dependent on "what you know" but "who you know" !

@@mg.f.9023 So, guessing you probably know nobody.

Mr. Gupta should also discuss how much of the TOP RICH contribute through "ELECTROL BONDS" to keep them and their businesses richer..

Well said. Hit the nail on the head. Bravo

Some people don't change .

SG has always been an economic-right

peeto-ing!!🤣🤣🤣🎯

Band baja diya peeto- ing 👌👌👌😂

These Oxford and Cambridge educated vermin. Her majesty's and lenins arse licking scum.

There is no global grand conspiracy to put India down. Never attribute to malice what can be explained by stupidity. And remember the West is not a monolith either. The real explanation is pretty simple, leftists in the West tend to incorrectly in my opinion, view India as some far rightwing nation. So they tend to be critical of it. The other big factor is that the West in general is very bad at understanding India, so they misunderstand India's intentions, and India in general is bad at explaining itself and making itself understood. The solution to the religious freedom debate is very simple. India should emphasize that the US does not allow polygamy for mormons, yet India does for Muslims. Most of the West has no idea India has differing laws based on religion. In this way India goes further than Western countries for the sake of religious freedom. India should then say that by adapting BJPs proposals on UCC they are simply pushing for more secularism. Its very easy for India to silence this Western criticism, but first you need to understand where they are coming from, their biases, and what they are ignorant of.

India has law…way too many laws. What’s lacking is order and enforcement. If some group decides to restrict another group’s religious freedom, the Indian state does not have the capacity to protect the rights of the oppressed. Or it chooses to selectively protect rights.

Analysis of the funding of Oxfam would reveal their true agenda

No Chinese become second richest man of world even though they have economy five time of India, stop stupid comparison

@@max-cs9ko The second chodo, Xi jingping may be the richest man in the world, china cracks down on it's capitalist not because the want to redistribute wealth but so that all the resources in the country are under CCPs control. Look at what they did to Jack ma and ant group.

@@max-cs9ko So nobody from India deserves to become that rich ? And if they don't become that rich every problem of India will be solved ? Very logical.🤔

@@max-cs9ko Because there is no entrepreneurship in China. China is not a market economy. It is heavily controlled by the government. The people who are getting rich there are those who belong to the CCP.

@@max-cs9ko see number of billionare in india and china not just second position

That Oxfam is a shill ops and fraud is now well known.. The more important point that SG is highlighting is the media space that is given to them by reputed publications WITHOUT any due diligence... That is the real fuel that feeds these radical outfits ... Oxfam is the literary equivalent of Al Quida and their report is their suicide bomber... If everyone simply ignored them they will just go away

Thats what SG would have us believe

Always "follow the money" and their sources of Data too.

What is wrong in paying the administrators for the work they do? Take any organisation which pays a reasonable remuneration, the maximum percentage of the expenditure will be on salaries. On a person's salary depends a whole family and it has to be a fairly good amount. Consider the salaries of organisations like world vision as being ultimately the expenditure meant for the target population.

Yep. NGO and charitable trusts both spend maximum amount on charity parties, administrative pay and miscellaneous fudging. You would expect the people involved in such institutions to be doing it for altruistic reasons and waive payment - nah, they're greedy a-holes. These people mostly just want to preach to others and virtue signal.

Trying to shoot the messenger is not going to hide the truth.

@@elizabethvarghese5511 well wealth of these people sitting on these organisations top executive post is way much higher than 100s of staff at lower level

@@elizabethvarghese5511 what's wrong?? Well...hypocrisy ofcourse...

Exactly. If I make 100 INR more than yesterday and you make 10000 more INR than yesterday income equality has gone up. But in reality both of us are better off! So income inequality is the wrong metric to focus on. Standard of living is what's important.

Basically these western agents are making multipronged attacks to destabilize and harm india.

hmm the main issue with adani & ambani is that they arent increasing much of the wealth of the country...rather they are just taking more of the wealth created by others.....like the very productive IT sector. Ofcourse I dont have any solid data to back my claim. Though one thing that one can easily notice is that both of them: Their sectors are non tradable and their businesses mainly serve the domestic Indian market. In any country, businesses which add to the export competitiveness of a country are the real wealth generators & engine of the economy like the Indian IT sector.

@@PK-tt5kk Thanks for saying you don't have anything to back it. Please tell was jio not a contribution to the indian ecnomy? What country uses mundra port for exporting?

@@shantanukumar9364 true also Adani controlled airpots which will now actually make profits and not get corrupted in bureaucracy ......And refined oil products and chemicals from reliance refineries our are one of biggest exports

@@PK-tt5kk u can factcheck these points urself and then make a judgement ....Free market capitalism is the only hope for india , compare 1950-90 growth and and post 90 growth even with a little bit of capitalism but we still stick to socialism even with a right wing government

Exactly. Land reforms, industrialization, and agricultural reforms are the biggest issues I think. It really disturbs me at how Indians do not look at countries like China and Vietnam, which had similar economies in the 90s but grew faster, and study what they did. Both have far more liberalized and productive agricultural sectors despite much less land. Both built greefield cities from scratch and established reliable power grids for manufacturing. China achieved modernization in 30 years by establishing trade deals, having good relations with the US and exporting textiles there in the 90s. At the same time they built infrastructure. The in the 2000s they began manufacturing and assembling electronics. At the same time they massively opened up to foreign businesses and got FDI into the country. Then In the 2010s they seized upon the smart phone revolution and formed their own companies, decades after foreigners entered the market, they started to really compete with them. Now in the 2020s decade they are trying to move up the value chain to automotive. We will see if they succeed.

well the issue is that....yes 10 L is not much when you think about cost of living in any major city. But when compared with the annual income of rest of the country its massive. Though yes there should be lot more tax brackets. with incremental tax increases.

Tax brackets should be automatically adjusted to the inflation rate. Similarly, govt salaries should not have pay commissions anymore. The basic should also rise by (inflation rate +increment for experience).

You are asking us to surrender to the woke hypothesis of "Equality of Outcome" which is a proven fallacy. You can't ensure equal outcome for everyone through laws and policies. Even identical twins having identical DNA (hence genes) and identical environment (same parents, house, money etc) do not grow up to become similarly successful. This communist thinking has led to the economic demise of eastern european nations and countries like Venezuela run on similar policies. Not all branches of a tree grow equally. But to force equal growth of all branches if you insist on cutting the most from the largest branches, what you will get is a very puny and stunted tree with no growth achieved.

@@sameerthakur720 increase payment of gov employees and adjust to inflation along with reduced tax or more benifit to employees as they only pay most of the taxes

@@warmachine3943 Govt employees salary is always adjusted to inflation.

Chetan, that’s purchasing power parity, that’s accounted for.

🤣🤣🤣

Waah! Lagta hai Harvard se abhi nikle ho.....Modiji waale Harvard se 😂😂😂

@@akshayagrawal5114 सिर्फ हाड़-वाड़ नहीं, पूरे हाड़मांस वाले हैं 😂😂

Since ox is the husband of cow, 🐄 , which in turn is god, why is ox a bad term?

@@elizabethvarghese5511 Don't anthromorphise it. First, Cow is sacred but not God. Second, Ox also has significance as it is vehicle of Shiva (Nandi). However, it signifies Brute Force, and hence simpletons are referred as Ox. It is not derogatory.

AOC should watch this video (Alexandria Ocasio-Cortez) who wore that "Tax the Rich" dress at Met Gala

Are we not already a nation of the poor?

@@pardeeptandon NO

Americans pay more taxes than most Indians. We have an asset tax called property tax which is 1% of the value of your house annually. Nobody in India is paying 1% of the market value of their house as property tax

@@VarunKumar-bn2tu: We are at the bottom of the heap on most global economic and social indexes.

Same wealth creators listen to it Davos Then u r saying wealth creators are stupid

@@anshuraj4277 I don't know who listens to them at Davos. If any firm or country forms its policies based on Oxfam reports then they are stupid.

@@joshua_ch It's just one opinion but most countries in Europe do wealth redistribution along with capitalism... So clearly some do

@@anshuraj4277 What does wealth distribution have to do with Oxfam ? India does wealth redistribution, US does wealth redistribution. Every country does wealth redistribution.The question is what are the more effective ways of doing it. No country has an unrealized capital gains tax. Not even Europe taxes capital gains at rates that Oxfam wants. Europe does a lot of simple things like high income taxes, in some countries they have high VATs. Funnily in Europe the middle and lower middle classes pay a higher share of total tax revenues than the US ! PS: You sound like you are a young guy. My simple suggestion would be to read primary data much of which is now available through World Bank and play with the data to find the real questions. Taxation and redistribution are more nuanced than the silly stuff you read about capitalism v socialism on social media. All economies in our modern world are mixed economies with welfarist goals.

@@joshua_ch Yeah every country does redistribution but it's about quality of service There is reason why Europe has less inequality... Yes taxes are high so is quality of services. Plus These are high level discussion India has cronyism problem not capitalism Few billionaires have outsized influence on country and government Btw.... Free education, Free healthcare, strong unions, Progressive tax Good regulations These are good policies U can call it whatever u want

SG has always been like this since the last 2-3 decades at least..😃 He is a rich man's guy and extremely sarcastic upon the poor, who are the overwhelming majority of India...

Thank you for watching...best wishes, SG

Economic decisions should be made in pursuance of MERITICORCY and not socialist or Capitalist as China has done,

Wealth Gap will always be there, it's a pointless goal, somalia has no income inequality. Let's all be poor together, you can't retroactively fix other people's circumstances, and there will never be an equality of opportunity nor equality of outcome.

@@shantanukumar9364 but u can go for equality of opportunities but not fir equality of outcomes.

We complain about the shortage of DEMAND in the Market. How is there going to be any demand from the majority who do not have the purchasing power and all the wealth is with a few who cannot create the total demand in the country even if they were to spend on themselves?

@@sagarpaul7934 prageru much?. In order for equality of opportunity one has to first address the pre existing inequalities. Saying meritocratic system are equality of opportunity is a joke. If in a race obe gets to drive a ferrari and the other a bullock cart is the race truly free and fair. And if the race is the only way to socio-economic progress is the system meritocratic. Obviously no. Liberty without equality only breeds the principle of might is right.

But he also employs a lot of people who each each "Y" number of chapattis.

Fully agreed plus this ad is also most boring ad I have seen.

External investment in Indian stocks will be classified as FII or FPI investment not FDI.

@@sudip_curiousmindStand corrected it should read FII or FPI or any other name. The fact remains foreigners are no longer investing in our manufacturing units.

Perhaps you can also examine why USA withdrew from TPP ?? Or why UK exited the EU ?? India has a FTA with ASEAN since past 15 years ... dont see too many factories here by ASEAN countries... RECP is just a China trap.. Thank God we avoided it

This is why India needs to signa trade deals ASAP. The UK and India delaying their trade deal was a disaster for both sides.

Would appreciate a report about 'The Electoral Bond' secrecy between ruling government and the Top Businessmen.

Thank you for writing in. Best wishes, Shekhar

Mercedes owner has to pay a lot of tax . As it is luxury car. And also most goods and services sold in imdia don't have gst as they operate in informal economy. U can get water for free in hotels and summers in india and also u can get 10 litre of water for rs.10 without any tax or gst from local drinking water supplier/purifier.Hope u understand this. Don't be emotional..

"More direct taxes on very high income slab" - How much higher exactly? .. Since its close to 43% already. And let's not forget, a lot 'sole proprietorship' also pay this tax.

@@arunsar7893 they may be given exemption for productive investment, savings to reduce their luxury, non productive consumption like luxury homes, costly foreign tours,......

Be realistic. People are already paying almost 50% direct tax, not taking into account taxes on their spending just like everyone else. Hard work of entire life and more than half of that you give away to corrupt people.

@@asoulwithsixsenses4736 You didn't answer my question. How much more do you want the tax rate to be increased to, since it's already 43% ?

People will leave india and settle abroad, we are shooing away wealth creators and only lazy leeches will remain in india

Thank you for watching...best wishes, SG

Cannot compare UK's poor to the abject poverty in India.

@@mg.f.9023Regurgitating what the BBC/DM has fed you for decades. But one thing's for sure, even the poorest in India can afford a fan in the hot summers, but the opposite-the most impoverished Brits, and now even the middle class cannot afford heating in the harsh winters on the island! And yet the BBC or the daily mail will sweep those bitter realities under the carpet, and talk endlessly about the rot & sleaze of the Royal family or the 'Brittanica unchained'.

@@Talushallux1 I Agree, capitalism unregulated can cause unfair wealth disparities anywhere.

@@mg.f.9023 yes. We can compare poor of each country until they living in respect country. But if poor of UK move to india, he will live a pretty good middle class life.

Yes, only Indian Main Stream Media is taken seriously ..ZEE TV, Times Now, Republic TV etc

All the 9-5 job workers who watch evening breaking news will believe the clickbait headlines and haye-haye during debates done regarding the report.

Shouldn't forget the infamous upsc coaching institutes' model answers or the so called potential IAS officers using this to score marks they don't deserve for real.

I am no expert. From what I understand. Wealth redistribution will only have temporary positive effects on the poor. Real economic gains can only be made if the poor are able to get the right resources and right incentives to become.more productive. For eg one main investment is education. If the government is able to educate all the poor. They can then gain knowledge to increase their yields in the farm or move into sectors where more money can be made. If wealth is redisbuted but the poor are not educated & not structire is created where they can become more productive..then wealth redistribution will have no effects.

Help those belonging to the bottom section of the society to set up productive industries. Everyday, we are using products of daily living (like bathing soaps, cleaning solutions, packed food products and tooot brushes , to name a few) of the big business companies, which come with attractive brand names and flashy advertisements. If these can be produced by self- help groups by the economically disadvantaged ( with governmental support), that will go a long way in the progress of the villages and the urban poor. If only the self- help groups support each other, by buying among themselves, the marketing of the goods also will be assured to a great extent. Government should provide good quality health and education to all , from the taxes collected from the public, so that people don't have to slip into poverty ( every year, 2% of Indians slip into poverty because of medical expenses).

What exactly is your point?

Doesn't India have an MRP system that prevents this from happening to basic goods?

How can Modi follow up on the favours he gives to his friends and exposure is detrimental to their interests?

You can't raise your prices high enough where the average income earning can't afford. Anyway essential good and services aren't taxed to much

@@sudip_curiousmind All I'm saying is if the report insinuates that corporate tax is a tax paid by the wealthy, & a debate is built around it, I would disagree and say it's the consumers who essentially pay the corporate tax

we cannot continue to make 'colonialism' as an excuse for our inefficieny and failure. Japan and Germany completey got destroyed after WWII. They rebuit their country and both are highly advanced country now. There is no sensible explanation can be given other than cronism for adani's wealth growth in such a short time

@@bigfigher both Germany and Japan are lackeys of US. Entire rebuilding and reconstruction of both Japan and Germany was financed by US. Read about it. The reason? Very simple Germany and Japan both allowed US to open their territory for US military, US airbase and both nations agreed to follow US foreign policy. And that has been the case with both japan and west Germany since the end of WW2. After 1989 entire Germany started following the policy. Why do you think US provides so much aid to Pakistan? Pakistan continues to provide its airspace access and military base to US military. If India provides US similar benefits US would provide India billions in aid as well. These are topics people tend to overlook.

@@Bruh-og8rb US govt's total funding to Germany post war is available in public domain. It is just below 5 Billion USD. This includes food, fuel, medicines, construction equipments and so on. If you belive that was enough for germany to rebuild their country to today's level, I have nothing to discuss as I think it is pointless. If you belive 5 billion was just a drop in pool for germany and germany rebuilt itself, then I agree with that You can just read what you wrote and think. US gave Pakisthan many many times they gave to Germany. What is the state of pakisthan now. There is no replacement for hardwork and efficiency, transperancy, truthfullness and so on which indian leaders lacks

@@bigfigher Bullshit. It's the socialist stupidity we have to thank for this. Japan, Germany, and South Korea, all grew because of capitalism, in fact, crony capitalism in many cases. Which is still a much better model of economic growth than Congressi command economy and redistributionism. Read about Samsungs chokehold over South Korea, the zaibatsu system of japan, and german subsidies to its industry there is a reason you don't see startups coming out of any of these countries. Baate banani buhat aasan hoti hai, no country in its history has ever progressed without the class of people you call the Rich.

Comparing CAG with oxfam is like comparing sane person with lunatics.

So what. Every country is unequal. 1% own 35% of wealth in US. If you tax rich too much, they will leave india.

Inequality is not rising in terms of income, but in terms of wealth. THERE IS A BIG DIFFERENCE BETWEEN INCOME AND WEALTH.

@@reddragon100 NOT TRUE. INDIA IS MUCH MORE UNEQUAL THE OTHER COUNTRIES. URBAN PEOPLE HAVE EVERYTHING BUT RURAL AGRARIAN POPULATION HAVE NOTHING. THAT'S NOT THE CASE WITH COUNTRIES LIKE THE US, EU, BRAZIL, RUSSIA, MEXICO, CHINA, S. AFRICA, INDONESIA, VIETNAM, PHILIPPINES & MOST DEVELOPING COUNTRIES. INDIA HAS ONE OF THE HIGHEST WEALTH INEQUALITY AMONG ALL THE DEVELOPING COUNTRIES. THAT'S WHAT I'M TALKING ABOUT.

@@srinisbir8781 NOT TRUE. Both INCOME INEQUALITY & WEALTH INEQUALITY are RISING IN INDIA. FOR EXAMPLE THE URBAN SERVICE SECTOR HAS BEEN GROWING AT THE RATE OF 7-9% FOR THE LAST 30 YEARS WHEREAS THE RURAL AGRICULTURE SECTOR HAS BEEN GROWING AT THE RATE OF 1-4% FOR THE LAST 30 YEARS, WHICH INDICATES THAT THE INCOME GROWTH OF THE URBAN & THE RURAL POPULATIONS HAS BEEN EXCESSIVELY UNEQUAL.

@@AmitKumarAlphaX bro. 45% people are involved in agriculture sector which contributes 15% in GDP. Taking people out of agriculture can be the first step to decrease inequality

Thank you for watching...best wishes, Shekhar

They r not criticized because they pay well to leftist organizations.. 😂😂just go n reserch and u will find Murty and tata fund all leftist and woke organizations ..

Ambani became world's richest man in 2007 who was supporting him then? How hard it is to accept he is good business man.

LOL, TATA are the epitome of License Raj and Crony Capitalism. First they sucked up to the Britishers , later to the Nehru and Gandhi's. TATA's are very good at PR, as they give lot of money to congress and left parties , so they are spared by their "Eat the rich" lynch mobs.

In the 1970s Indira Gandhi era, leftists used to say Tata-birla with the same contempt because there was no Ambani-Adani at that time.. Only the target has changed.. leftist morons are still screaming the same ghisa pita tune.

Don't forget Tatas were involved in ministry setting (Radia tapes).

Are your missing the point that the absolute quantum of tax has gone up?

@@sudip_curiousmind Tax was not lowered for this purpose. It was stated clearly that they are lowering tax so that corporates could invest more resulting in more job opportunities. And my question is about that part. How much tax saved has been invested in India? And on your point, it is 26% of total direct tax compared to 27%. So the tax collected has not gone up as well but tax saved is huge.

@@jaswindersinghnarula4379 Bhai modi ko gali dedo aap but in chutiyion ki mat suno please request hai meri, yeah na aalag level ki barbadi hai. Look at South Korea, Japan, Germany and China, all of them grew on the back of crony capitalism. Read about the zaibatsu system of Japan. Samsung accounts for more than 20% of South Koreas GDP, Germany mein startups fail kyun hote hai? And China is giving free land, cheap credit, zero environmental laws, and literally slave labor from uyghur camps to companies ran by relatives of CCP officials. How are you going to compete in a dog-eat-dog world without a couple of dogs of your own? Thoda realism lao please.

Ask your Abbu Congress who kept not only poor but uneducated from 1947 to 1991. The traitor Nehru khandhan only fucked our soul but looted our all like communist who must be wipeout from this universe.

@@naveenpdpu BJP WAS THE BIGGEST SUPPORTER OF THE PRE-1991 COMMAND ECONOMY. WHEN CONGRESS BROUGHT THE 1991 LIBERALISATION REFORMS, BJP HAD OPPOSED IT VEHEMENTLY. ANDH BHAKT CHAMCHAANDU LOGON KA GYAAN TO KAM HOTA HAI, PAR RAUB AISE DIKHATE HAIN JAISE SAB PATA HAI. LO, MAAR DIYA AAP KE PICHHWADE ME LAAT!!😂😂😂😂

" Neither is Wealth getting created nor is it being distributed " and yet somehow our GDP keeps growing and the poverty rate keeps falling and we keep giving free grains , free electricity what not.... Have a look at the % of annual budget State & Central governments are spending on subsidies and social welfare... Dont become like Oxfam

@@AmitKumarAlphaX Dont lies jitani buddhi ho utna hi hago. The Italian bar dancer opposed it tooth and nail. Narshima Rao and Atal Bihari work together along with MMS. The agent of China communist has been asked to Nehru Khandan for not open Indian economy. Congrss MP stalled house unprecedented on day of budget. Narshima Rao,MMS, Atal Ji and Subarmanyam Swami are main force behind this 1991 opening of Indian economy,.

The video insinuates a false binary that increased redistribution is necessarily antagonistic to wealth creation. It can be so when it is excessive, but in India there's a lot of low hanging fruit when it comes to the government's ability to still increase wealth redistribution withouth materially impacting wealth creation. Essentially, India should focus on tax compliance. In that sense, indirect taxation can actually help the cause rather than slow it down.

BHAI CHILLA KYON RAHE HO

@@eshankumar1999 Taki BEHRON ko SUNAAI de??