The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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India's socialist policies collapsed GDP per capita from $2,730 to $300
“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.”
Subramanian: India's abject poverty fell from 12.2% to 2.2% over a decade
“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.”
Intermediaries capture 90% of value from Indian farmers under APMC rules
“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.”
Subramanian: Essential Commodities Act treats agricultural storage as hoarding
“Every form of storage in agriculture is treated as hoarding as part of the Essential Commodities Act.”
Subramanian: India's annual productivity growth rose from 1.3% to 2.7% post-2014
“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.”
Subramanian: US fiscal deficit will reach about 8% to 8.5%
“This year, I think their fiscal deficit will be about eight, eight and a half percent.”
Subramanian: India's average inflation dropped from 7.5% to 5% post-2016 targeting regime
“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 …”
Subramanian: Rupee depreciated by ~2% annually from 2016 to 2024
“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”