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The Ranveer Show
Sanjeev Sanyal Returns - Indian Economy's Past, Present & Future | The Ranveer Show 339
Sep 12, 2023
Sanjeev Sanyal, Economist and author, talks about India's growth as the 5th largest economy, income brackets, and tax evasion. The episode explores the correlation between economics and governance, addressing poverty, and reforms for efficiency in the economy. It also discusses the unpredictability of the future and the need to study the past for predictions.
01:05:33
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Quick takeaways
- India needs to focus on new round of reforms to sustain and further boost the economy.
- By targeting absolute poverty, India aims to bring the poorest people to a basic level and enable them to participate in the growing economy.
Deep dives
Importance of Economic Growth and Reforms
Economic growth is essential for improving people's lives and reducing poverty. India has undergone liberalization and reforms over the past few decades to open up the economy and create growth. This has led to a period of rapid growth, but now the country needs to focus on new round of reforms to sustain and further boost the economy. Process reforms are required to smoothen out regulations and improve efficiency, while attention needs to be given to sectors like judiciary and bureaucracy to address bottlenecks and enhance the functioning of the economy.
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Discover
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