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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??
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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.
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