SparX by Mukesh Bansal

What solutions does Ruchir propose for capitalism's problems? Why does government intervention won't fix capitalism? Why is the overhype with America overshadowing other emerging economies? In the latest episode of SparX, we sit down for a conversation with economist and best-selling author Ruchir Sharma on the history, impact, and current state of capitalism. We break down the research and content from his latest book "What Went Wrong With Capitalism". We also explore Ruchir's personal life, his background, and his passion for sprinting. Tune into today's conversation with one of the brightest minds and understand capitalism, its history in the western countries and India. Resource List - Ruchir Sharma Blog: https://ruchirsharma.com/ What is a bailout?: https://www.investopedia.com/terms/b/bailout.asp More about ‘Zombie Companies’: https://corporatefinanceinstitute.com/resources/commercial-lending/zombie-company/ Wall Street Journal Article: https://www.wsj.com/articles/the-rescues-ruining-capitalism-11595603720 Breakout Capital Website: https://breakout-capital.com/ What is an Oligopoly: https://en.wikipedia.org/wiki/Oligopoly More About ‘The New Deal’: https://en.wikipedia.org/wiki/New_Deal#:~:text=The%20New%20Deal%20was%20a,U.S.%20from%20the%20Great%20Depression. About SparX by Mukesh Bansal SparX is a podcast where we delve into cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us. In a new episode every Sunday, our host Mukesh Bansal (Founder Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career. This is the India Century, and we're enthusiastic to start this journey with you. Follow us on Instagram: / sparxbymukeshbansal Website: https://www.sparxbymukeshbansal.com You can also listen to SparX on all audio platforms Fasion | Outbreak | Courtesy EpidemicSound.com

Why is the education sector not producing good results? How can illegal practises be reduced in healthcare? What is the main problem in India's job market? These are some of the questions we answer in the last part of our series with Karthik Muralidharan. In the last part, we look closely at India's human development sectors identifying problems and sharing solutions that can help solve these problems. We examine the education and healthcare sector and also touch upon the job market in India and issues that exist there. Join us for an insightful episode. Why is the education sector not producing good results? How can illegal practises be reduced in healthcare? What is the main problem in India's job market? These are some of the questions we answer in the last part of our series with Karthik Muralidharan. In the last part, we look closely at India's human development sectors identifying problems and sharing solutions that can help solve these problems. We examine the education and healthcare sector and also touch upon the job market in India and issues that exist there. Join us for an insightful episode. Chapters - 00:00:00 - 00:01:05 Episode Introduction 00:01:05 - 00:16:13 What is being done and how to address economic challenges and boost human development? 00:16:13 - 00:36:26 Understanding the state and reality of the education system and sector in India 00:36:26 - 00:48:55 Are improvements being made in the education sector to produce better services and outcomes? 00:48:55 - 00:59:00 What is the landscape of the healthcare sector in India; both private and public? 00:59:00 - 01:04:05 What are measures that can be taken to improve the services and resources in the healthcare sector? 01:04:05 - 01:14:30 Does India have a jobs problem and what needs to be done to solve this? 01:14:30 - 01:16:48 Concluding today’s episode Resource List - The influential 1975 paper written by Preston - https://www.jstor.org/stable/2173509 Learning loss during Covid - https://www.ideasforindia.in/topics/human-development/illam-thedi-kalvi-a-booster-shot-for-post-covid-education.html The Post Office Paradox - https://www.theigc.org/sites/default/files/2015/09/Aiyar-et-al-2015-Working-paper.pdf Does Diversity Matter for Health? - https://www.nber.org/system/files/working_papers/w24787/w24787.pdf ASER State of Education Report - https://asercentre.org/ About SparX by Mukesh Bansal SparX is a podcast where we delve into cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us. In a new episode every Sunday, our host Mukesh Bansal (Founder Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career. This is the India Century, and we're enthusiastic to start this journey with you. Follow us on Instagram: / sparxbymukeshbansal Website: https://www.sparxbymukeshbansal.com You can also listen to SparX on all audio platforms Fasion | Outbreak | Courtesy EpidemicSound.com

How does the Central government and State governments divide tax collection? Why was ban on alcohol a bad decision by Bihar? Which government policies are really beneficial to the public? In this episode, Karthik breaks down the complexities of revenue and expenditure, explaining how taxes are collected, allocated, and utilized to drive India's growth. From infrastructure development to social welfare programs, discover how taxes shape the nation's future. Tune in for a fascinating discussion on the economics of governance and the role of taxes in building a better India. How does the Central government and State governments divide tax collection? Why was ban on alcohol a bad decision by Bihar? Which government policies are really beneficial to the public? In this episode, Karthik breaks down the complexities of revenue and expenditure, explaining how taxes are collected, allocated, and utilized to drive India's growth. From infrastructure development to social welfare programs, discover how taxes shape the nation's future. Tune in for a fascinating discussion on the economics of governance and the role of taxes in building a better India. Chapters - 00:00:00 - 00:01:11 - Episode Introduction 00:01:11 - 00:12:44 What are the different roles of the Central government and State governments? 00:12:44 - 00:25:33 How does the government navigate through debt, inflation and financial emergencies? 00:25:33 - 00:30:30 How is the country’s revenue divided between the Central government and state governments? 00:30:30 - 00:37:30 Why was Bihar’s decision to ban alcohol a bad one? 00:37:30 - 00:42:40 Which tax revenues are controlled by the Central government and which by State governments? 00:42:40 - 00:51:00 On what and how much is the expenditure by both governments? 00:51:00 - 01:11:11 What are some measures proposed by Karthik to optimise the financial operations and outcomes by the government? 01:11:11 - 01:19:37 What are the steps that need to be taken to ensure well-run governments and a better economy? 01:19:37 - 01:21:49 Concluding today’s episode Resource List - Accelerating India's Development: A State-Led Roadmap for Effective Governance, Book by Karthik Muralidharan - https://amzn.in/d/ig9Sw0i Indian Finance Commision - https://fincomindia.nic.in/ NREGA Website - https://nrega.nic.in/MGNREGA_new/Nrega_home.aspx Paper on Public Employment Programs - https://www.econometricsociety.org/publications/econometrica/2023/07/01/General-equilibrium-effects-of-improving-public-employment-programs-experimental-evidence-from-India More about Pensions - https://seenunseen.in/episodes/2023/9/18/episode-347-indias-massive-pensions-crisis/ What is the 3-i framework? - https://www.ncchpp.ca/docs/2014_ProcPP_3iFramework_EN.pdf CEGIS Website - https://www.cegis.org/ Union Budget by the Ministry of Finance - https://www.indiabudget.gov.in/ About SparX by Mukesh Bansal SparX is a podcast where we delve into cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us. In a new episode every Sunday, our host Mukesh Bansal (Founder Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career. This is the India Century, and we're enthusiastic to start this journey with you. Follow us on our Instagram: / sparxbymukeshbansal Also check out our website: https://www.sparxbymukeshbansal.com You can also listen to SparX on all audio platforms! Fasion | Outbreak | Courtesy EpidemicSound.com

What makes Karthik Muralidharan a leading economist? What groundbreaking insights does he bring to the field of economics? How does his latest book, Accelerating India, address India’s development challenges? Karthik Muralidharan is a prominent economist known for his research on education and public policy. His work critically examines how policy interventions can drive economic growth and improve welfare outcomes, particularly in developing countries. His latest book, Accelerating India, provides a comprehensive analysis of how India can overcome developmental hurdles and accelerate its growth. His insights are crucial for understanding both the opportunities and obstacles in India's economic landscape.

Join us for a captivating conversation with renowned British historian Matthew Parker as we delve into the rich tapestry of British history. In this episode, Parker shares fascinating stories and insights from his extensive research, bringing to life the people and events that have shaped Britain’s past. We also explore his acclaimed book One Fine Day, a detailed account of the pivotal moment when the British Empire reached its zenith on June 2, 1947. Parker uncovers the intricate dynamics and key figures of that day, offering a vivid portrayal of the Empire's power and the forces that would soon lead to its decline. Resource List - Matthew Parker’s Blog - https://matthewparker.co.uk/ Mandate for Palestine - https://digitallibrary.un.org/record/829707?ln=en&v=pdf More about the Imperial Conference - https://en.wikipedia.org/wiki/Imperial_Conference What was the Akali Movement? - https://amritmahotsav.nic.in/freedom-movement-detail.htm?21 Literary works by Jawaharlal Nehru - https://archive.org/search?query=Nehru&page=3 About SparX by Mukesh Bansal SparX is a podcast where we delve into cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us. In a new episode every Sunday, our host Mukesh Bansal (Founder Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career. This is the India Century, and we're enthusiastic to start this journey with you. Follow us on our Instagram: / sparxbymukeshbansal Also check out our website: https://www.sparxbymukeshbansal.com You can also listen to SparX on all audio platforms! Fasion | Outbreak | Courtesy EpidemicSound.com

What are the fundamental particles that make up the universe? What role does the Higgs boson play in particle physics? Why is Harry's book about space titled with an apple pie? Harry Cliff, a particle physicist at the University of Cambridge, is deeply involved in the LHCb experiment at CERN. Committed to science communication, he has curated exhibitions at the Science Museum in London and authored the popular science book How To Make An Apple Pie From Scratch. Through lectures and media appearances, Cliff makes complex particle physics concepts accessible and engaging. His work addresses fundamental questions about the universe's structure. Explore the intricacies of particle physics with Harry Cliff and gain a deeper understanding of the universe's fundamental mysteries with the latest episode of SparX. Resource List - Books by Harry Cliff - https://amzn.in/d/9Oo4nYk https://amzn.in/d/f3Mpmsi LHC at CERN - https://home.cern/science/accelerators/large-hadron-collider What is the Big Bang Theory? - https://www.space.com/25126-big-bang-theory.html#:~:text=Simply%20put%2C%20it%20says%20the,cosmos%20that%20we%20know%20today. What is the Steady State Theory? - https://explainingscience.org/2015/07/25/the-steady-state-theory/ What is an anomaly in particle physics? - https://www.nature.com/articles/s42254-024-00703-6#:~:text=An%20anomaly%20is%20generally%20defined,be%20considered%20for%20further%20scrutiny. What is dark matter and dark energy? - https://www.cfa.harvard.edu/research/topic/dark-energy-and-dark-matter#:~:text=We%20call%20that%20mysterious%20force,dark%20energy%20pushes%20them%20apart. What is matter and antimatter? - https://home.cern/science/physics/matter-antimatter-asymmetry-problem Higgs Boson - https://home.cern/science/physics/higgs-boson The Biggest Ideas in the Universe 1: Space, Time and Motion, book by Sean Carrol - https://amzn.in/d/e5sCrPW About SparX by Mukesh Bansal SparX is a podcast where we delve into cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us. In a new episode every Sunday, our host Mukesh Bansal (Founder Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career. This is the India Century, and we're enthusiastic to start this journey with you. Follow us on our Instagram: / sparxbymukeshbansal Also check out our website: https://www.sparxbymukeshbansal.com You can also listen to SparX on all audio platforms! Fasion | Outbreak | Courtesy EpidemicSound.com Built to Last: Book by Jim Collins: https://amzn.in/d/06UJQDXy The HP Way, Book by David Packard: https://amzn.in/d/09M92m6N

What inspired Venki Ramakrishnan to transition from physics to molecular biology? How has Venki Ramakrishnan's groundbreaking research on ribosomes impacted the study? How does he envision the future of molecular biology? Venkatraman "Venki" Ramakrishnan is a leading molecular biologist whose groundbreaking work on ribosome structure has significantly advanced our understanding of protein synthesis. His discoveries earned him the 2009 Nobel Prize in Chemistry, making him one of the few Indians to receive this honour. Beyond his research, Venki has received numerous awards and held prestigious positions in the scientific community. Tune in for an insightful in-depth conversation by one of the most influential minds in molecular biology! Resource List - Gene Machine, Book by Venki Ramakrishnan - https://amzn.in/d/0eA1LySH Why We Die, Book by Venki Ramakrishnan - https://amzn.in/d/06JRkfCv Venki Ramamkrishnan’s Profile on The Royal Society - https://royalsociety.org/people/venki-ramakrishnan-12139/#:~:text=He%20determined%20the%20atomic%20structure,in%20complexes%20with%20several%20antibiotics Venki Ramakrishnan’s Profile on The LMC Website - https://www2.mrc-lmb.cam.ac.uk/group-leaders/n-to-s/venki-ramakrishnan/ Venki Ramakrishnan’s Profile on The Academy of Achievement - https://achievement.org/achiever/venki-ramakrishnan-ph-d/ Venki Ramakrishnan on the Science of Aging - https://erictopol.substack.com/p/venki-ramakrishnan-the-new-science Compilation of Research Papers by Venki Ramakrishnan - https://scholar.google.co.in/citations?user=oTI5BjIAAAAJ&hl=en&oi=ao About SparX by Mukesh Bansal SparX is a podcast where we delve into cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us. In a new episode every Sunday, our host Mukesh Bansal (Founder Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career. This is the India Century, and we're enthusiastic to start this journey with you. Follow us on our Instagram: / sparxbymukeshbansal Also check out our website: https://www.sparxbymukeshbansal.com You can also listen to SparX on all audio platforms! Fasion | Outbreak | Courtesy EpidemicSound.com Built to Last: Book by Jim Collins: https://amzn.in/d/06UJQDXy The HP Way, Book by David Packard: https://amzn.in/d/09M92m6N

What personal experiences shaped Sriram Kalyanaraman’s approach to transformation? How can someone new to personal transformation begin their journey? What are some great resources, tips, and practises to transform oneself to become their best self? Awareness of our own mortality can sharpen our thoughts and desires, aligning us with our true selves. This concept, relevant from ancient Greek and Buddhist philosophies to modern thinkers like Steve Jobs, highlights the timeless nature of this insight. In this episode, discover Sriram Kalyanaraman’s groundbreaking methods for inner peace and personal growth, and unlock your true potential through his insights and wisdom. Resource List - Amaidhi Website - https://www.amaidhi.com/ Dynamic Mind Practise - https://www.amaidhi.com/dynamic-mind-practice Application for Dynamic Mind Practise - https://play.google.com/store/apps/details?id=com.dynamicmindpractice.app&hl=en Quiet Leadership, Book by David Rock - https://amzn.in/d/01pk33gO The Inner Game of Tennis, Book by W. Timothy Gallwey - https://amzn.in/d/07C3WWEd The Inner Game of Work, Book by W. Timothy Gallwey - https://amzn.in/d/0h2urQM2 You Can Heal Your Life, Book by Louise Hay - https://amzn.in/d/00mi62CA The Tibetan Book of Living and Dying, Book by Sogyal Rinpoche - https://amzn.in/d/08pg43Q3 The Top 5 Regrets of Dying, Book by Bronnie Ware - https://amzn.in/d/0eywdFM6 The 7 Habits of Highly Effective People, Book by Stephen R Covey - https://amzn.in/d/034HHZHb The Boy, The Mole. The Fox and The Horse, Book by Charlie Mackesy - https://amzn.in/d/0bZrwDpm Collective Intelligence Study by MIT, Carnegie Mellon University, and Union College Researchers - https://www.sciencedaily.com/releases/2010/09/100930143339.htm#:~:text=A%20new%20study%20co%2Dauthored,and%20that%20the%20tendency%20to Buddhist Practise of Maranasati - https://en.wikipedia.org/wiki/Mara%E1%B9%87asati The GROW Model - https://lattice.com/library/everything-you-need-to-know-about-the-grow-coaching-model#:~:text=The%20name%20is%20an%20acronym,plans%20alongside%20their%20direct%20reports. What was Google’s Project Oxygen? - https://www.linkedin.com/pulse/project-oxygen-what-can-we-learn-from-way-google-train-managers?utm_source=share&utm_medium=guest_desktop&utm_campaign=copy About Gita Bellin - https://gitabellin.com/gita-bellin/ About SparX by Mukesh Bansal SparX is a podcast where we delve into cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us. In a new episode every Sunday, our host Mukesh Bansal (Founder Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career. This is the India Century, and we're enthusiastic to start this journey with you. Follow us on our Instagram: / sparxbymukeshbansal Also check out our website: https://www.sparxbymukeshbansal.com You can also listen to SparX on all audio platforms! Fasion | Outbreak | Courtesy EpidemicSound.com Built to Last: Book by Jim Collins: https://amzn.in/d/06UJQDXy The HP Way, Book by David Packard: https://amzn.in/d/09M92m6N

Rajan Anandan, Managing Director of Peak XV Partners and a notable voice in India's venture capital and tech scene, discusses the dynamic AI and tech startup landscape. He stresses the need for high-quality AI innovations that solve real-world problems, rather than merely exploiting market gaps. Anandan shares insights on the importance of early-stage funding and the essential role of experienced angel investors. He paints an optimistic picture of the future for deep tech startups in India, emphasizing collaboration, mentorship, and a clear product-market fit in entrepreneurial success.

Sudha Murty is a distinguished Indian author and social worker, renowned for her contributions to literature and philanthropy. She has played a pivotal role in initiatives focused on education, healthcare, and rural development, significantly improving the lives of many. Beyond her professional achievements, she is celebrated for her humility and unwavering dedication to helping the underprivileged. Sudha Murty's life and work continue to inspire countless individuals across the globe. Join us for a wonderful conversation with Mrs.Murty to hear stories from her past that are evidence to her driven spirit and kindhearted nature. Don’t miss out on this episode! Resources - Sudha Murty Website: https://sudhamurty.in/ Murty Media YouTube Channel: https://www.youtube.com/@Murty-Media Article on Karnataka receiving UNESCO title: https://economictimes.indiatimes.com/news/india/world-heritage-site-tag-for-3-hoysala-temples-task-force-efforts-paid-off-says-sudha-murty/articleshow/103784759.cms?from=mdr Infosys Foundation Website: https://www.infosys.org/infosys-foundation.html Article on Mrs.Murty’s letter to J.R.D. Tata: https://www.indiatimes.com/worth/news/what-sudha-murty-wrote-in-angry-letter-to-jrd-tata-603098.html Gopi Diaries, Book Set by Sudha Murty: https://amzn.in/d/0fxXoKcA Three Thousand Stitches, Book by Sudha Murty: https://amzn.in/d/06UrzGn5 Grandma’s Bag Of Stories, Book by Sudha Murty: https://amzn.in/d/0dNyuvR7 House of Cards, Book by Sudha Murty: https://amzn.in/d/03MGIqoh Article on Sudha Murty: https://bhatiaaman19.medium.com/the-inspiring-story-of-sudha-murty-from-overcoming-stereotypes-to-empowering-the-underprivileged-423d0a58dc87