Financial Education - The Problem with GDP | How India's GDP works? | Dhruv Rathee

Latest GDP Growth Data reveals that India has seen the worst ever GDP Growth since independence in 1947. This is the new data for the FY 2020-21, I explain what all are the other predictions and findings of this. I also explain this hidden truth behind GDP. What does GDP as an indicator hide from us about country's ground reality? Is it a good indicator for measuring progress and economic development after all? Since it ignores inequality and happiness as measures of progress. Support my work and join as a member to get exclusive stuff: 1. On Patreon: https://www.patreon.com/dhruvrathee 2. On Youtube: https://www.youtube.com/channel/UC-CS... ---------------------------------------------------- MY FAVOURITE EQUIPMENT: 🎥 Studio Camera: https://amzn.to/2McQ8Vs 🔎 Studio Camera Lens: https://amzn.to/365fYSs 📸 Vlogging Camera: https://amzn.to/2Y6hoaP 🥢 Vlogging Tripod: https://amzn.to/2KKdcuq 🎙 Podcast Mic: https://amzn.to/3qLPkpq MY FAVOURITE BOOKS: 📖 Sapiens - https://amzn.to/38QX56d 📖 Homo Deus - https://amzn.to/3o1nzIB 📖 Mahatma Gandhi - https://amzn.to/3n5fQYN 📖 Juli’s Hindi Learning Book - https://amzn.to/3bhAcvx FOLLOW ME ON: 📩 Telegram: https://t.me/dhruvratheechannel 📸 Instagram: http://www.instagram.com/dhruvrathee 🐦 Twitter: http://www.twitter.com/dhruv_rathee ▶️ Youtube Channel: http://www.youtube.com/dhruvrathee 🎦 Vlog Channel: http://www.youtube.com/dhruvratheevlogs MORE VIDEOS: 🗺 Ground Reports: https://youtube.com/playlist?list=PL8828Z-IEhFElbtrrY3CmUILpKDw4c7N_ 🇺🇳 International Issues: https://youtube.com/playlist?list=PL8828Z-IEhFFs3hT95-ZnEHDyLduo40FU 💲 Finance Videos: https://youtube.com/playlist?list=PL8828Z-IEhFEG47-MiL0G7Mh6J-T8eBoq 📚 Educational Videos: https://youtube.com/playlist?list=PL8828Z-IEhFGAg0WRVHxHtHjHdIAlj5hA 🇮🇳 Indian Issues: https://youtube.com/playlist?list=PL8828Z-IEhFErzy-eKRAiTta0GLrzn6fM 🎦 My Vlogs: http://www.youtube.com/dhruvratheevlogs ---------------------------------------------------- 0:00 Introduction 01:02 Latest GDP Data 03:00 Does GDP Reflect Reality? 05:22 P Chidambaram’s Stance 07:05 How GDP Ignores Efficiency 08:29 GDP vs Inequality 09:17 Bigger is Better 11:12 Some Alternate Approaches