Sitaram Yechury: Demonetisation was a shattering blow to the economy
In an interview with Karan Thapar for The Wire, Sitaram Yechury, general secretary of the Communist Party of India (Marxist), criticises demonetisation and argues that it failed to achieve all the objectives that were promised by the government.
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But demonetization has helped in reducing prostitution, changing the orbit of Saturn to -12 degrees, reducing the population of mosquitoes in swamps near Chennai. It has helped in renaming the Maori villages in New Zealand and apart from all these important achievements, it has also completely eradicated the chances of a future invasion of India by Vlad the Impaler. The only unfortunate drawback of demonetization was that it did not kill too many.
@Jackwesker3232
6 жыл бұрын
I like your Sarcasm, Superb!!
@IamRanJos
6 жыл бұрын
10/10 for sarcasm. You, Sir, have earned my respect.
@kvishal47
6 жыл бұрын
Such a depth analysis.
@gjayin
6 жыл бұрын
Haha.. Absolutely
@GG1783
6 жыл бұрын
God ur hilarious
What a beautiful interview and discussion! 👏😊 Great respect For Yechury Sir and CPI(M)
Govt. Spent ₹10/- to caught 50 paise of black money.
@digmukh3644
6 жыл бұрын
Vaibhav Mishra agreed Mr. MISHRA.
Anchor sir you are great media person thank you so much fo being the part the wire
Demonetization was the BIGGEST blunder ANY sensible leader could make! There was no logical justification for it. Completely foolish move by modi.......
Demonetization and GST will be celebrated as black days in future.
Everyone laughed when kejriwal said all this right next day . Now everyone is repeating his words .
50% cut in RBI's incentive to govt. 25 lakhs jobs lost. 2% loss in GDP. About 30,000 crores to reprint new notes. About 35000 crores spent by banks to calibrate new ATMs and additional 5 lakh small and medium industry production affected by over 50% less sales. Loss of taxes to exchequer due to this fall in business for almost an year and continuing. Loss of atleast 50 million man hours thereby increasing MNREGA payments. I would estimate a loss of atleast 5 to 7 lakh Crores (including GDP loss). ONLY Jaitley & Surjit bhalla see prudence in this and have the audacity to call all other renowned economists in the country & around the world " THEY DONT UNDERSTAND OUR POINT OF VIEW"..... How many of you agree..???????
@digmukh3644
6 жыл бұрын
I AGREE MR . SUBRAMANIAN . NEITHER JETLY NOR MODI UNDERSTAND ECONOMICS.
@ketanpatel3402
6 жыл бұрын
100% agreed. Thanks for putiing all togather.
@ishi101982
6 жыл бұрын
Kumar Subramaniam right
I Really Admire Marxist and really really big fan of karl marx and his writing and his work on Marxism economy structure I think CPM will do awesome job after 2019 as supportive party with Congress
Sorry to say but people of india deserve this, when majority of people blindly support 2 n half men govt which is completely incompetent n continue to do so.. Politics n governance n voting unfortunately in india is emotional n not based on facts n performance..
@KhalidMehmood-mj3by
6 жыл бұрын
we are fools in every bank at the end of the day they calculate how much money they have received and how much money they have disbursed and these jokers are telling us that they are still counting and we are just innocently silent-----------------------
@madhubabu4207
6 жыл бұрын
tag completely agreed
@EnterSpacebar
4 жыл бұрын
Don't make light of the goon clan by dismissing them as incompetent. They are extremely competent - at dividing the country, ripping out the roots of civil society and dragging it back to the Dark Ages.
KARAN FOR GOD SAKE LET HIM SPEAK FEW LINES.... YOU HAVE USED 96%TIME in this interview...
@AravindanUmashankar
6 жыл бұрын
Actually it is a out and out Karan show with Sitaram punctuating now and then ;-)
@siddharthb2633
6 жыл бұрын
OMG..then how do u manage watching ARNAB?
young blood required in cpim
@lightyagami5760
3 жыл бұрын
Kanhaiya kumar
Sitaram : The cash component of economy is 3 percent in Japan... Karan Thapar : Forgive me you are wrong. The cash component of Japan is 19.8. Thapar is awesome.
1 year and counting. Hope people will take off their blindfolds. Critics should stand and make noise.
@Pantherazure
6 жыл бұрын
Modi kisi chaurahe par kyun nahin aa raha?
DeMo has been proved to be a disaster for Indian economy because of the large share of unorganized sector in India and large population depends on it and our economy is based on cash largely and it is small workers and farmers who are part of it. It has fulfilled no objectives set out by Modi on 8th November 2016 rather It has resulted in economic growth going so down, large number of job loss, businesses shutting down, demand going down, 100+ deaths in those long queues and so much more. No black money has been recovered and whatever they say has been recovered is DUBIOUS money and not black money and it will take years after litigation and all to bifurcate that money into black and legitimate money. On the other hand DeMo has led to conversion of black to white by using liquor shops, petrol pumps, corrupt bank managers, gold and what not. The amount of counterfeit currency in Indian economy was around 400 crore which is so low that DeMo is like installing a nuclear power plant to power a bulb + counterfeit currency is again prevalent in new notes too. It was ill thought and poorly implemented step.
i just love it when karan sir throws a fact out there in interview. He sure works a lot for a single line. Hats off....
What an honest journalism.very positive.
Thanks the wire and team.
People defame Karan Thapar as Anti Modi. Here you see how he is batting for Government with a communist leader. He talks fact and figure and pulls the truth deep diving.. indeed he is the best interviewer who ever is in front him he traps them Badly
this is indeed a watershed Economy in reverse direction........ interview is very good.
And how they can manage these 2/3 laks account by ACB. It need yeeeeears
Keep up the great work Karan and The Wire👍👍
@botnet357
6 жыл бұрын
Keep up the great leftist propaganda work Karan and The Wire👍👍
Pls have a discussion or interview on the future of Indian secularism
karanji is giving interviews or interviewing.Do not give up speaking or thinking about the situation.Karan seems to demonstrate his expertise.This is the biggest performance of lowest journlism
Karan pl ask this qustion to all leaders to include reservtion systm in parties post like for prsdnt nd all. Only than this a hols will fl th heat of rsrvtn
Dear Karan Sometime I wonder who is being interviewed It is always Karan asking a question And Karan replying
great n revealing interview....
I can say only one thing that leftists are very educated..
This interviewer is badass. Left Right sabki leta hai
@MEDICOSAWESOMES
6 жыл бұрын
He is the Great Karan Thappar Ji... Dosti Bani Rahe!!
@OnkarSingh-lq8ck
6 жыл бұрын
abhishek gautam you are a paid troll, your paid to abuse, their is no sense in what you are saying.
@asterdost
6 жыл бұрын
nobody believes this guy. he is bikao
👍👍😍💚
Modiji, janta maaf nahi karegi.
@botnet357
6 жыл бұрын
Chal nikal chutiye
@saddamm.a5773
6 жыл бұрын
Yup, no bjp sarkar
It is not 16000 cr which has not come back but much more specially from Nepal, cooperative banks and lakhs of honest citizen,s money which did not get chance because they believed RBI that 31st march is due date
Yetury doesn't have the right argument.u r right Mr.Thapar
Black money can not b cash... Agree with him.
World bank ease of doing business rank for India has gone up from 142 to 100 in just 3 years Moodys rating for India has changed to baa2 from baa3 previously and this change has happened after 13 years....plz Mr. “Economist” Yechuri talk about this a little 😊
Had Modi simply not undertaken the disastrous demonetization and GST, the momentum of growth would have continued and in 2019, he could have possibly got 350+ seats in lok sabha and probably wouldn't have lost the 3 hindi heartland states.
80% of the economy was informal after 70 years and it was OK.
प्रकाश करात के प्रकाश में सीपीएम में अँधेरा हो गया, येचुरी को कमान काफी देर से मिली।
this interview is for karana thapar and for karan thapar only. only his voice is there in the interview. lol
Well, he brought opposition member to debate and sure he will not support ruling party, there is no point to ask opposition what do you think about demonetization.. wasting time
Demolition planing congress govt not only plan by pronb mukherjee
👍 👍 👍 👍
Is this interview? Karen agrees with Yechury's answer and repeats the same. This seems both are in the same page. No counter argument based on data from karen.
Demonetization was a Tughlaki step!! Karan dig up how come in a falling Economy the income of an industrialist rise by RS.two lac crores in a year!!
Organised loot.. bewakoof banadiya... aur bewakoof bangaye bechara aam aadmi...
Yaar accept karlo humko bhai even want the country to progress
For first time I m not liking Karan Thapar interview. Earlier he used to question both Ruling and Opposition party effectively. Now here in this interview he is giving all answers guest must give in his question itself. .Never testing their knowledge or even have questions from both sides . .Be it Kapil Sibal or Jethmalani or Modi(During Congress Rule). .Irrespective of whom he was interviewing his questions used to be un-biased attacking them directly etc. .Now I think he has formed a opinion that demonetization is bad and leading his interview towards that(I also believe Demonetization is not so successfully executed per se). Seriously disappointed with one journalist I used to love for his line of questioning, research done and un-biased or least biased views. .Surely that has changed from CNN IBN to Wire. .
Niti Ayog guy was pulling a fast one, had it been the Tax Chief given those figures would have seemed plausible. Niti Ayog is a advisory body & has no teeth. Niti Ayog guy was telling a lie.
khaunga , khane nahi dunga, ye chalta bhaiyo bahno..junkies are increasingly pussing the congress doctrine by duplicate the schemes of congress.all media has been converted into court media.आधार कार्ड से दलाली बढ़ा है,घटा नही है,उच्चत्तम न्यायालय ने सिर्फ 6 कल्याणकारी योजना पर आधार स्वेच्छिक रूप से लगने की बात कहा था,
Seems like Karan wants a reaffirmation of this own agenda. He is putting words in sitaram’s mouth
If BJP comes again, India will become another Pakistan...
Who the hell are you interviewing? Yourself or the guest?
This govt oll over india seem money wher
judging BJP (centre right) party by CPM's (extreme left) perspective. how about judging Congress (centre left) by Shiv Sena's (extreme right) perspective. But people like you dont do that because that would make you "Unbiased".
🖒
Make Political funding transparent and every rupee to a political party should be under audit! RS.2000/- currency making machine was found with a BJP worker. Go back and track the news. Fake 2000 rupees are also in the market.How?& Why? If demonetization is a success!!
Good 👍
This is another tactic to buy time. At the end they will come with another excuse
True
Mr. Thaper next time allow the guest to put his points rather checking your silly arguments to counter the others!
you hv got to admire confidence with Sitaram Yechury speaks his lies.
thapar repeats a lot. a lot , a lot.
@nc-zq8pn
6 жыл бұрын
in 31 minutes he had repeated 18 minutes
here karan thapar is able to explain NDA agenda better than jaitley ...but it is a perception war assisted by fudged figures ..only the final outcomes will decide the merit of demonetization ,..till then let both the parties upheld their their own views...
main ise the wire ki kamiyabi samjhunga k yahan karan thapar jaise log bhi shamil hochuke hain.waise yahan sab apne aap me ek misaal hai
Paytm is 100% Indian company ...what is he smoking nowadays??🤣
Ndtv has divided its team into three parts now- ndtv, quint and the wire. At least now congress will learn something from these that how constructive criticism of government policies is must for a progressive democracy. But I think Ntdv and its partners channels themselves have a communist kinda view. Criticism of government is good in a democracy but there should also be acclaim for good policies.
my view is that Demonetisation was good idea with bad implementation and bad sequencing. GST is imperfect and can be improved with time..so it is overall good. The BIGGEST SIN of government is lack of creation of JOB.. and i think critique should focus on JOB rather than post dated issue of demon. as youth of india do not want to live in past.. KARAN is far better than Vinod dua or m k venu or aarfa khanam..etc
@TheOnkarj
6 жыл бұрын
Vikas kumar srivastava bhakti mee leen
@vikassrvt
6 жыл бұрын
Onkar Jagtap hahaah.. JNU-chaap BJP will continue in 2019.. now BURN
@lunaticfringe4499
6 жыл бұрын
Vikas Kumar srivastava India ki present Defence Minister bhi JNU chaap hai. ispar bhi kuch bol de ?
@vikassrvt
6 жыл бұрын
Lunatic Fringe i do not like to give mean comment.. since he started by labeling me for my view.. i also gave him answer in his language..
@lunaticfringe4499
6 жыл бұрын
Vikas kumar srivastava yeah ok. but why did you call him jnu chaap ? India ki present Defence Minister bhi to JNU chaap hai. Kya tumhaare jnu chaap kehne ka matlab ye hai ki saare ke saare JNU ke students naxali communist aur antinational hai. tab to India ki defence ministry ek bahut hi khatarnaak mahila ke haath me hai.
You remember india one upon time since condition dowen india pm Rajiv gandhi 1filght gold sellout fogren.you no?
Wire This Thapar should listen more than rambling aimlessly . A bad anchor . His Oxbridge fibbing fails to upheld what your organisation stands for. Let Mr. Yechury explain in his own words. An oxymoron . God help him.
Karan is very 'hate'able for his way of questioning which gives a away a 'strong questioning' process for an obvious answer. The 'negative' vigor he displays - dampens every question. norther words he inevitable add a 'flavor' to his questions. Good and bad. And Sitramji answers a question for which he should have aired his viewed 250 days ago. Why should a communist view be ancient with no relevance - why can't we reinvent communism. He knows the answer to this much as we do. Simply put - any view paints itself into a corner....eventually. Sir as much as you are respected, being committed publicly to a POV is less important than the interest of people of India POI is 'god'. Marx and Lenin did not care to know that.
Sir Karan Thappar.... You are the most deserving candidate to be BJP spokesperson ..Unfortunately u became a journalist
sitaram yechury rightly said it will take generation to recover indian economy but mr Mr modi and Mr jaiteley will keep fooling poor blind bhkts that all is well.
Such a bloody fool!!!
So, this is how true journalism looks like.... Dosti Bani Rahe!!!
Karan Thapar ka Javab Ka..Kya Khoobi se Yechury ne Javab Dia hai..Wah..Wah..👏👏👏 Yeh Interview Kam .. Chai pe Charcha zada Dikh rahi hai..Lol😂😂
@mr.debunk6970
6 жыл бұрын
Aisa hi Dialogue🤔..Ek Mahashay ne AICC Meeting meh😆.. Saare Desh Ko..Camera ke Aage... Aham ke bhasha meh Bola tha..😊 Aaj Dekha jaye tho😎 Modi ko 'CHAI' Ki Kharcha Sastha Pad gayi..Aur Unko 'CHAI' Pe Charcha Mehenga Pad Gaya..😂😂
@mr.debunk6970
6 жыл бұрын
@Lunatic Fringe : Comment 15 Rupai ki...Aur Sapne 15 Lakh ke..Lol..😂😂
@mr.debunk6970
6 жыл бұрын
@Kelvin King : Har Mahine..Groceries meh hi Laatha hu..Apne Aukad Aur Necessity ke Hisab se Laatha hu..Sach bolu tho .. Jo Saal...Saal...Jaise Mehenga ho raha tha..Vaisi hi Chal raha hai..Jo Normal hai..☺ Patha nahi Tum jaise Log ..Konsi Dukaan se Purchase karthe ho..🤔
@mr.debunk6970
6 жыл бұрын
Kelvin King : Mehengayi aur Gaand pe Maar tho...Inn Leftists Channel valo ko Aur Congressio ko zaroor Padi hai..😂 Saaf Dikhai de rahi hai.. Kyunki Pichli baar NITI Aayog ke Rajiv Kumar ke Saamne biathkar ... Yehi Thapar.. Heat meh Aaya hua Gadhe ki tarah Phudak raha tha..😂 Abh yehi Thapar..Iss Interview meh Yechury ka Vafadar Kutha Ban gaya hai..Ha bhai Samajh Sakthe hai..🤔🤔The Wire most UNBIASED Channel hai na..😆
@mr.debunk6970
6 жыл бұрын
Kelvin King : Pehli baath..Mene Tumhe kuch Kaha hi nahi..Na mene tumhe Target kia..😊 Tumhe Gaali dena Door ki baath..Meh Tumhe Embarrass bhi nahi karna Chahtha..Jo meh kar Saktha tha..Hamare Last debate meh..Jab tum ne Texas Shootings ki Conspiracy Theory ka Drama Sunaya..Usi waqth mene tumhe Pakad liya.. Aur tum bhi yeh baath Samajh gaye..Isiliye mene comment karna Band kar dia..Lol😆 Aur rahi baath Civility..Ya Ethical..Ya Abh Aur ek naya Bimari shuru hogayi hai..Political Correctness ki.. Thak gaye hai..Saari Dunia ke Log.. Iss Chonchle Nautanki se..😥
I would rather support bjp party than the communist party.
Lies damn lies and statistical hahaha right said
Yes bjp will come to power by hook or by crook cause people like u now people in teaching lessons not learning history . And be a good citizen and analyze their shortcomings also . We will be frustrated for another 7 years 😂😂 still 693 years are left to matchup to people like u . All the best
Lol, another discussion and no conclusion for us, all u Buddha ppl are driving the country in the ground, everyone forgets what happened in their times, its like they think we were becoming a super power by 2015 and this dude and his party stopped everything, first of all you politicians from all parties should agree on one thing, corruption happens. We are used to it, but maybe just maybe it can be accepted it if u guys work hard for the public for 4 years and take a bonus in the 5th, get problems sorted for 4 years and then create problems for next 5 years to be solved the same way. No perfection in the way society operates can be achieved when the only aim of people is money and power.
Uf. It was quite interesting to watch Karan not grilling the politician. And more interesting is that he pretends to be grilling Sitaram Yechuri. Really funny. :)
Why are you interviewing commies😂😂
You both beggers of the nation.
wire is more blind in modi hate in comparison to bhagats
21:34 Yechury is still stuck in 1917 Revolution!