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“So, 90% of those who are registered, they are saying that we are earning less than 10,000 rupees per month, right?”

“Next, you said that the debt, the India's foreign exchange reserves are at a high, but that is built on capital flows. That is not built on our trade and current account surpluses. So that means it's built on debt.”

“So in India, even at its peak, the public sector is not contributing more than 27% of the GDP. 73% was all private sector. So India has been a capitalist country all through, but with a welfare component, you know.”

“So our tax GDP ratio is one of the lowest in the world at 17%. Our direct tax GDP ratio is also one of the lowest in the world at about six and a half percent.”

“And of that, 41% is supposed to go to the states as per the finance commission and so on, right? But the way the center collects the CES and the other things, only 30% is going to the, or 35% is going to the states, right?”

“So in our report, we estimated that these four kinds of unemployment mean two eighty million Indian don't have a proper job. Only three twenty million Indians have a proper job out of six hundred million.”

“So even though wages have risen, but in the last 10 years, the real wages have not risen because there's been inflation also. So you have on the one hand, wages not rising. On the other hand, the corporate sector profits and the organized sector profits, they …”

“They spend today three percent of GDP on R and D. We spend .6%.65%. They are five times bigger. So they're spending 22 time more on R and D than India's doing.”

“So these sixty million micro units employ 97.5% of the MSME employment. And we are killing the micro sector only.”

“Their per capita income and their GDP are now five times India's, you know, and they become competitors with the USA because they're spending three percent of GDP on R&D. India spending only .7%. So in other words, China spending 20 times more on R&D than Indi…”

“For instance, if you look at the income tax data, then you have nine crore people filing a return. But five crore of filing almost nil return. That means that income is below the taxable. And as the prime minister said in his 15th August speech two years back,…”

“And on the eShrum portal, three hundred million, that's 30 crore have registered. And 94% of them say that they're earning less than 10,000 rupees per month.”

“IMF, World Bank, ADB are not data collecting agencies. They take the government data And then they give their figures. They will add a little, subtract a little, but their figures are close to the government figures. So because the errors are there in the gove…”

“So we have the third largest number of billionaires, even though in per capita terms, we are at one 40th place.”

“In 2017, 18, quarter four, the rate of growth was eight percent. It dropped to 3.1% in 2019, 20, quarter four, just before the pandemic.”

“Now of the MSME sector, the micro, small and medium sector, the micro sector is 99% of the units and 97.5% of the employment.”

“The government is forced to give, ah, free ration, five kilos, ah, to every individual in the lower category. So about eight hundred million people are getting that.”