Can Modi’s pass his biggest test to beat Germany? : Indian economic case study
👉Leverage Edu is giving away free flight tickets to first 1000 Think Schoolers who start their study abroad journey using the link belowhttps://lvrg.in/dCv6W
⭐️ Think School’s flagship Communication course with live doubt sessions :
https://thethinkschool.com/sp/communication-masterclass/
VIDEO INTRODUCTION:
The year is 1945. Hitler had just lost World War 2, and the Soviets, Americans and brits had taken over germany. The war had killed 6 million citizens, Germany was hit by rampant unemployment, major cities like berline and frankfurt had been bombed and 20% of all the housing in germany had been destroyed. And the German currency was in such a bad state that people were using cigarettes as currency instead of the German currency!! And just like Germany, in 1947, when the brits left India, even India was in shatters. 3 million people had died due the Bengal famine, 2 million died due to the partition and 80% of our population was living in poverty!!!
And in the next 70 years, while Germany went on to become the 3rd largest economy in the world, Modi ji has promised Indians that we will beat Germany to become the 3rd largest economy in the world!! But you know what?? We are far far away from Germany!!!
While the unemployment rate in India stands at 8.1%, Germany stands at 3.6% which is one of the lowest in the world, while our per capita income is 2730 dollars, German per capita income stands at 54,000 Dollars and most importantly, in spite of having over 16 times less population than India, while Indian exports stand at 468 billion dollars in 2024, the german exports stand at 1.6 trillion dollars in 2022!!
So if you see even though it looks like our economy is growing at a staggering rate, except for GDP, we are far far far behind in terms of exports, employment and even per capita income!!
And since India is now on its path to become the 3rd largest economy, as citizens of India, our benchmark to judge the BJP should not be congress or pakistan, our benchmark must be derived from legendary countries like Germany, Finland and singapore!! And more importantly, it is our prime responsibility to hold the MODI 3.0 govt accountable by using these benchmarks!!
So in this episode, today, let's dive deep and try to understand,
After the destruction that Germany faced with hitler and World War 2, How did Germany become the 3rd largest economy in the world?
What are the most powerful and revolutionary models of governance that turned Germany into one of the richest nations in the world?
And most importantly, as citizens of India, what are the lessons that we need to learn from Germany to hold the Modi Govt accountable??
Our Best Indian Business Case Studies:
1. Asian paints - https://youtu.be/jGT6ob8hV6M
2. Amul - https://youtu.be/nnwqtZiYMxQ
3. Haldiram - https://youtu.be/Z7P-t_yc8gE
4. Lijjat Papad - https://youtu.be/EdpoEmifW7M
✅Study Materials:
1. https://www.chargeurs.com/wp-content/uploads/2020/01/The-Best-of-German-Mittelstand.pdf
2. https://www.imf.org/en/News/Articles/2020/06/11/na061120-kurzarbeit-germanys-short-time-work-benefit
3. https://mises.org/mises-wire/smoke-or-not-smoke-cigarette-economy-postwar-germany-1945-48
Think School is a Digital School that we all deserved, but never had
►►Check out Think School's Online courses: https://www.thethinkschool.com
#thinkschool #businesscasestudy #geopolitics #germany #india #modi #economy #education
Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Receive SMS online on sms24.me
TubeReader video aggregator is a website that collects and organizes online videos from the YouTube source. Video aggregation is done for different purposes, and TubeReader take different approaches to achieve their purpose.
Our try to collect videos of high quality or interest for visitors to view; the collection may be made by editors or may be based on community votes.
Another method is to base the collection on those videos most viewed, either at the aggregator site or at various popular video hosting sites.
TubeReader site exists to allow users to collect their own sets of videos, for personal use as well as for browsing and viewing by others; TubeReader can develop online communities around video sharing.
Our site allow users to create a personalized video playlist, for personal use as well as for browsing and viewing by others.
@YouTubeReaderBot allows you to subscribe to Youtube channels.
By using @YouTubeReaderBot Bot you agree with YouTube Terms of Service.
Use the @YouTubeReaderBot telegram bot to be the first to be notified when new videos are released on your favorite channels.
Look for new videos or channels and share them with your friends.
You can start using our bot from this video, subscribe now to Can Modi’s pass his biggest test to beat Germany? : Indian economic case study
What is YouTube?
YouTube is a free video sharing website that makes it easy to watch online videos. You can even create and upload your own videos to share with others. Originally created in 2005, YouTube is now one of the most popular sites on the Web, with visitors watching around 6 billion hours of video every month.
