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“Because of the socialist policies that we pursued from then on till 1991, when we liberalized and there is an important lesson actually, that's why I'm explaining this. We reduced our GDP per capita from 2730 to 300 dollars.”

“That is why, you know, I actually have set out as the ambitious target of Eight percent growth. It is achievable, but it is ambitious because I want to keep that stretch goal, having understand, having, you know, understood the power of compounding to actually…”

“Having done that, I actually have assessed that if India grows at eight percent, the rupee will actually depreciate by about half a percent per annum.”

“What the Ernst and Young and the Goldman Sachs predictions do not take into account is this importance of The inflation targeting regime, the change in inflation, a very important macroeconomic phenomenon that has to be taken into account. They just extrapolat…”

“Poverty, for instance, which is, let's say very, very abject poverty, you know, that has decreased from 12.2% in 2012 to 2.2% in, you know, in, in in, in 2022, 22.”

“Because of this phenomenon of hundred rupees of value added, let's say in, you know, in farm produce, 90 rupees is cornered by the intermediary. The farmer, small farmer gets only 10 rupees.”

“If we grow at eight percent, our GDP per capita would be close to about 40,000 dollars in two, 20, 47. If we grow, so, so if we grow at seven percent, we'll be close to 30,000 dollars, GDP per capita.”

“So from about 2700, you know, we'll be close to 5500, you know, in 2700, yeah, about 5500 in six years and about 11,000 in, you know, in, in, in, 12 years. So by about 20 35, we should be close to 11,000. So my sense is then by 2030 one, 2032, you know, I thin…”

“Salaries in dollar terms in the US will multiply about, let's say, you know, if I even round it off and actually I'm more conservative, you know, over the course of an average career, 10 times salary multiplication would actually be, you know, would be somethi…”

“Every form of storage in agriculture is treated as hoarding as part of the Essential Commodities Act.”

“India's Indian economy, you know increased its productivity by 1.1 point, actually it's about 1.3%, not 1.7%, 1.3% from 2002 to 2013. From 2014 onwards, India has increased its productivity at 2.7% per annum, more than double.”

“This year, I think their fiscal deficit will be about eight, eight and a half percent.”

“In the next 25 year period, actually China's working age population is likely to decline about 30%.”

“This is one area where India is really leapfrogged, you know, the rest of the world. And I think India's leadership in this area is likely to stay in the near future.”

“You need to be open-minded enough and don't say, you know, that show me one country where, and there's, oh, oh, if you, if no other country has solved this, you think you can solve it. You know, these kinds of questions I think will certainly not help. Yo…”

“From 1991 onwards till, you know, 2016 when India implemented what is called the inflation targeting regime. That essentially means that the government then, you know, entrusted the Reserve Bank of India, the central bank of the country to target inflation at …”

“So, you know, so, so I estimate, I think their economy might be about, you know, 60, 65 trillion. So when we are 55, they may be about 60, 65 trillion.”

“From 2016 onwards, the rupee has depreciated by actually lower than previously. As I said earlier, it used to be featured at about three and a half percent. It has appreciated at about two percent, not the half”

“India's population growth is like, it is likely to be about half a percent on average per annum.”