BJP's Governance Analysis of Gujarat : Gujarat model case study

Summary

This video script discusses the Gujarat state's performance in India, focusing on financial status, industrial growth, and social indicators. It critiques the Gujarat model, questioning if the wealth generated by corporate tax cuts and incentives has truly benefited the common people. The script provides a detailed analysis using RBI data, comparing Gujarat's debt, revenue, and social welfare with other states. It also addresses the media's role in propagating Hindu-Muslim debates over substantive issues and encourages viewers to assess political candidates based on factual information.

Takeaways

• 🗳️ Gujarat's political landscape is highly competitive with significant spending on publicity and propaganda by major parties.
• 📊 The financial status of Gujarat is strong, with a debt to GSDP ratio of 19%, which is below the RBI's recommended threshold.
• 🏭 Gujarat's industrial growth and ease of doing business are commendable, with substantial incentives provided to large industries to boost the economy.
• 📉 Despite economic growth, Gujarat faces challenges in social indicators like education, healthcare, and wages, which are critical for the well-being of its citizens.
• 📚 Education in Gujarat is underfunded, with only 18% of Class 5 students able to perform division, indicating a need for improvement in educational standards.
• 🏥 Healthcare in Gujarat is also a concern, with high infant mortality rates and increasing rates of underweight children, suggesting inadequate health expenditure.
• 💼 Worker wages in Gujarat are notably low, with a minimum wage of 9438 rupees per month, which is significantly less than the national average.
• 📉 The concept of 'trickle-down economics' has been criticized for not effectively benefiting the lower and middle classes in Gujarat.
• 📈 Gujarat's GDP growth rate has been impressive, but the wealth generated has not equitably reached all segments of society, leading to wealth inequality.
• 📋 The script encourages viewers to analyze the provided documents and articles to form informed opinions on the state's performance and the candidates' promises.

Q & A

What are the three key parameters to evaluate the performance of a state government in India?

The three key parameters are the financial status of the state, the government's efforts to make the state conducive for new industries, and the social indicators of the state that reflect the condition of the poor.

What does the debt to GSDP ratio indicate about a state's financial health?

The debt to GSDP ratio indicates the proportion of a state's debt relative to its Gross State Domestic Product. A lower ratio, ideally below the RBI's recommended 33-35%, suggests better financial health and risk management by the state government.

How does the interest payments to revenue receipts ratio affect a state's finances?

The interest payments to revenue receipts ratio shows the portion of a state's revenue that is used to pay interest on loans. A higher ratio means more revenue is being used for debt servicing, leaving less for productive investments, with an ideal target of less than 10% as per RBI.

What is the significance of the revenue deficit in the context of state finances?

Revenue deficit refers to the shortfall between a state's revenue expenditure and its revenue receipts. A higher deficit indicates that the state is spending more than it earns, which can be unsustainable. A deficit expressed as a percentage of GDP helps in comparing states of different sizes.

How does the Gujarat model's approach to industrial growth and ease of doing business impact the state's economy?

The Gujarat model focuses on providing tax incentives and subsidies to attract industries, which has led to significant industrial growth and high rankings in ease of doing business. However, critics argue that this approach may not effectively benefit the wider population, leading to wealth inequality.

What is the 'trickle-down effect' in economics, and how does it relate to the Gujarat model?

The 'trickle-down effect' is an economic theory suggesting that benefits given to the wealthy, such as tax cuts, will eventually benefit the rest of society by stimulating economic growth. The Gujarat model has been criticized for not effectively achieving this, with wealth not sufficiently trickling down to the middle and lower classes.

What are the criticisms regarding the social indicators in Gujarat despite its economic growth?

Critics point out that despite economic growth, Gujarat's social indicators such as education, healthcare, and wages are not as strong as expected. Issues include low educational achievement, high infant mortality rates, undernourishment among children, and low minimum wages.

How does the video script suggest improving the understanding of state government performance?

The video script suggests that instead of focusing on religious or propagandistic debates, the media and citizens should evaluate state government performance based on financial management, industrial growth, and social indicators to make informed decisions.

What sources does the video recommend for assessing the state government's performance?

The video recommends using the RBI document on state finances and risk analysis, detailed explanations of economic theories, and cross-checking facts from various articles and reports to assess state government performance accurately.

What is the role of the media according to the video script in educating citizens about state government performance?

The video script suggests that the media should play an educational role by providing a framework for citizens to assess state government performance based on authentic and important metrics, rather than focusing on sensationalist debates.

Outlines

00:00

🗳️ Gujarat Elections and Media Critique

The script opens with a discussion on the elections in Gujarat, which began on December 1, 2022. It highlights the intense political warfare between major parties and the substantial spending on publicity and propaganda. The author criticizes mainstream media for focusing on religious debates rather than educating citizens on assessing the state's performance. The video aims to provide a framework for evaluating the Gujarat state government's performance, focusing on financial status, industrial growth, and social indicators. The source of financial data is an RBI document, which is considered highly trustworthy, and key financial terms such as government debt to GSDP ratio, interest payments to revenue receipts, and revenue deficit are introduced.

05:02

📊 Analyzing Gujarat's Financial Health

This section delves into Gujarat's financial status, using the RBI document as a primary source. It explains the importance of the debt to GSDP ratio, interest payments to revenue receipts ratio, and revenue deficit. Gujarat's performance is compared to other states, showing a relatively good financial standing with a debt to GSDP ratio of 19%, which is below the indicative target. However, the interest payments to revenue receipts ratio at 14.2% is above the RBI's recommended 10%, indicating room for improvement. The revenue deficit is at 0%, suggesting efficient financial management. The paragraph concludes with a mention of the RBI's prediction of a decline in Gujarat's debt to GSDP ratio in the coming years.

10:05

🏭 Industrial Growth and the Gujarat Model

The paragraph discusses the 'Gujarat Model' of development, focusing on industrial growth and ease of doing business. It mentions large investments and the creation of livelihood opportunities. The concept of the 'trickle-down effect' in economics is introduced, explaining how benefits given to high-income earners and corporations can theoretically lead to overall economic growth. The paragraph uses a story to illustrate the potential impact of corporate tax cuts on employment and the economy. It also addresses criticisms that the benefits of economic growth have not adequately trickled down to the middle and lower classes, leading to wealth inequality.

15:05

📚 Social Indicators and the Gujarat Model's Shortcomings

This section critiques the Gujarat Model by examining social indicators such as education, healthcare, and wages. It points out that despite economic growth, Gujarat's performance in these areas is subpar. Education expenditure is below the recommended 6% of GDP, and healthcare spending is less than 1% of GDP, leading to poor outcomes in literacy, infant mortality, and child nutrition. The paragraph also discusses the low minimum wage in Gujarat and the opposition from industry bodies to proposed wage increases. The author emphasizes the need for the government to invest more in social sectors to ensure equitable distribution of wealth.

20:05

📘 Conclusion and Call to Action

The final paragraph summarizes the analysis of Gujarat's state performance, highlighting its financial management and industrial growth while also pointing out the不足 in social sector investments. The author encourages viewers to study the provided materials, including the RBI document and articles from Wire and Scroll, to make informed decisions about political candidates. The paragraph concludes with a call to action for viewers to share the video to help others understand the state's performance beyond propaganda and to support the channel by subscribing and liking the video.

Keywords

💡Gujarat

Gujarat is a state in India known for its economic growth and industrial development. In the video, Gujarat is highlighted as a case study to analyze the effectiveness of the 'Gujarat Model' of governance. The script discusses the state's financial status, industrial growth, and social indicators to evaluate its performance.

💡Elections

Elections refer to the democratic process of choosing representatives or leaders. The script mentions that elections in Gujarat were in full swing, indicating the political context within which the state's performance is being analyzed.

💡Propaganda

Propaganda is information, often biased or misleading, used to promote a particular political cause or point of view. The video script critiques the mainstream media for focusing on Hindu-Muslim debates, which are seen as propagandistic, rather than substantive issues.

💡Trickle-down economics

Trickle-down economics is the theory that tax cuts and benefits for the wealthy will eventually benefit the poor through job creation and economic growth. The video discusses this concept in the context of Gujarat's economic policies and questions its effectiveness.

💡Ease of doing business

Ease of doing business refers to the regulatory environment that affects business operations and decisions. The script praises Gujarat for its ranking among the top states in India for ease of doing business, attributing this to the state's industrial incentives and policies.

💡Social indicators

Social indicators are quantitative measures that reflect the conditions of society, such as education, health, and income. The video scrutinizes Gujarat's social indicators, such as education and healthcare, to assess the state's welfare and progress.

💡Debt to GSDP ratio

Debt to GSDP (Gross State Domestic Product) ratio is a financial metric that compares a state's debt to its economic output. The video uses this ratio to assess Gujarat's financial health and compares it with other states.

💡Revenue deficit

Revenue deficit occurs when a state's revenue expenditure exceeds its revenue receipts. The script discusses Gujarat's revenue deficit as part of its financial status analysis, indicating efficient financial management.

💡Industrial output

Industrial output refers to the total production of goods by manufacturing and mining industries. The video notes that Gujarat accounts for a significant portion of India's industrial output, highlighting its industrial growth.

💡Education expenditure

Education expenditure refers to the funds allocated by the government for educational purposes. The script criticizes Gujarat for low education expenditure, despite the state's economic growth, which impacts the quality of education.

💡Healthcare

Healthcare in the context of the video refers to the state's investment in health services and the health outcomes of its population. The video points out that Gujarat's healthcare indicators, such as infant mortality and malnutrition, raise concerns despite the state's economic prosperity.

Highlights

Gujarat's political warfare between major parties has been intense, with significant spending on publicity and propaganda.

Mainstream media's coverage of the elections has been criticized for focusing on religious debates rather than educating citizens.

The video aims to provide a framework for assessing the performance of the Gujarat state government.

Three key parameters for analyzing Gujarat's performance are financial status, industrial growth, and social indicators.

Gujarat's government debt to GSDP ratio is commendable, indicating effective financial management.

The state's interest payments to revenue receipts ratio is moderate but above the RBI recommendation.

Gujarat has a revenue deficit of zero percent, showcasing fiscal responsibility.

The Gujarat model has been criticized for not effectively addressing social indicators despite economic growth.

Gujarat's industrial growth and ease of doing business are strong, with significant investment and job creation.

The state's GDP growth rate has been impressive, with a significant contribution to India's industrial output and exports.

Education in Gujarat is a concern, with low literacy rates and insufficient government spending on education.

Healthcare in Gujarat shows issues like high infant mortality rate and increasing undernourishment among children.

Worker wages in Gujarat are low, with the minimum wage being one of the lowest in India.

The video concludes that while Gujarat has economic strengths, it needs to improve in areas like education, healthcare, and worker wages.

The video encourages viewers to use the provided study materials to make informed decisions about their state's governance.

Cuckoo FM is promoted as a platform for learning about political leaders and various non-fiction subjects.

Transcripts

foreign

[Music]

[Music]

State Gujarat stands out different and

perhaps better than anywhere else in the

country

foreign

[Music]

elections have been in full swing since

1st of December 2022 and with Gujarat

being one of the most important states

of India the political Warfare between

the biggest parties in the country has

been nothing short of insane hundreds of

crows have been spent on both publicity

and propaganda lots of blames and claims

have been made and very very sadly the

mainstream media coverage of the

elections has been a complete mess and

instead of educating the citizens on how

to assess the state's performance and

how to choose the right candidate the

entire focus of the media has been on

Hindu Muslim and all kinds of

propagandhi debates which make no sense

at all which is why we decided to pull

up our socks and do what Indian media

must be doing which is to educate you

and give you a framework so that you can

go on to assess the performance of the

state government of Gujarat so in this

case today let's keep aside the Hindu

Muslim debate and actually try to

understand what exactly are the most

important metrics to analyze gujarat's

performance is bjp's marketing of the

Gujarat model really sensible or is it

just high grade propaganda where did BJP

do well and where have they done a

terrible job and most importantly as

citizens of India what are the most

important and authentic sources to help

you cut through the Clutter and actually

analyze your state government's

performance so if this video makes sense

to you please share this episode with as

many people as possible this video is

brought to you by cuckoo FM but more on

this at the end of the video

to analyze Gujarat we first have to

understand the most important parameters

that can give you a very clear idea

about the progress management and

Welfare of a particular state in this

case the three parameters that you must

consider are number one what is the

financial status of the state as in how

well is the state government managing

the revenue number two how is the

government making the state more and

more conducive for new Industries to be

built and lastly what do the social

indicators of the state say about the

condition of poor in that particular

state

so let's start with the first pillar

which is financial status of Gujarat and

how well has the government managed its

Revenue for this my primary source is

none other than this RBI document which

was published by RBI about three months

back so unlike newspapers and other

media houses this document is by far the

most trustworthy source of information

you can find on the internet and here we

have three important terms that will

give you a great idea about the finance

of Gujarat these terms are number one

government debt to gsdp ratio interest

payments to revenue receipts and lastly

we have the revenue deficit now these

names and terminologies might sound very

complex to you but don't worry guys I'll

explain it so simply that even at 10

standard kid will be able to understand

so pay very close attention to this the

first indicator is the most simple of

all which is common debt to gsdp ratio

or government debt to cross state

domestic product so let's say the

Gujarat government has 100 crores in

debt and 500 crores in GDP then the debt

to gsdp ratio is 100 divided by 500 into

100 which is 20 now is this good or bad

well if you look at this graph this

horizontal line represents the

indicative Target so the 15th Finance

Commission in this case this line lies

between 33 to 35 percent if this is very

very clear to you let's have a look at

where Gujarat stands you see while Bihar

Rajasthan Kerala are the worst

performing states with debt to gsdp

ratio of 38.6

39.5 and 37 odisha Maharashtra and

Gujarat are the best performing states

with a debt to gstp ratio of 18.8

17.9 and 19 so Gujarat being at 19 this

is a green flag and by the way guys

Bihar Rajasthan and Kerala are in such a

terrible condition that RBI actually had

to release this document to specifically

warn these states about their Finance so

if you belong to any of these states

please keep an eye on your State's

Finance then we come to the next metric

and that are interest payments to

revenue receipts ratio this is again

very very simple you see just like we

take home loans even the government

takes loans for Building Bridges and

doing other works so if the government

collected 1 000 crores from all streams

of Revenue and it has to pay 400 crores

in interest for the loans that it has

taken it means interest payments to

revenue receipts is 400 divided by 1000

into 100 which is 40 so if 400 crores of

your tax revenue is only going into

interest payments what does it mean it

means that the government will have less

money to invest in productive domains

like infrastructure and development so

the more this number the worse it gets

now according to RBI this number should

be ideally less than 10 percent now here

in this RBI document while on one side

Bihar stands at 8.6 percent chattisgarh

stands at eight percent odisha stands at

4.3 percent on the other side we have

the states that are paying very heavy

interest payments and they are Kerala at

18.8 percent Tamil naduate 21 Punjab at

21.3 percent and West Bengal at 20.8

percent and over here Gujarat stands at

a moderate 14.2 percent which is not

very bad but it is still above the RBI

recommendation and lastly there is

revenue deficit according to RBI Revenue

deficit is nothing but Revenue

expenditure minus Revenue receipts for

example let's say the Bihar government

spent 1500 crores and earned only 1 200

crores from all streams of Revenue so

its Revenue deficit over here is 1500

minus 1200 which is 300 crores so

obviously if the revenue deficit is more

it means that even though the state is

getting less money it's spending a lot

more than it is earning so the more this

deficit the worse is the condition of

the state now you see some states are

big and some states are small so to make

them comparable this Revenue deficit is

expressed in percentage of GDP of the

state so in this chart while Bihar

Rajasthan and Kerala are the worst

performing states with a deficit of 5

point five percent three percent and two

point six percent odisha up and

Telangana have the best deficit

percentage of minus three point three

percent minus one point three percent

and minus zero point four percent and

Gujarat has a revenue deficit of zero

percent so that is pretty good so

clearly Gujarat as a state has managed

its finances pretty well in fact in the

same RBI document RBI says that while

States like Punjab will see their debt

to gsdp ratio increasing Gujarat will

see a steep decline in its debt to gstp

ratio in the next five years this is the

first pillar of my analysis which is

State finances now the question over

here is if Gujarat is doing so well as a

state why do the wire and scroll keep on

criticizing the Gujarat model so much

and what exactly is the problem do they

really make sense or is it just another

baseless propaganda

well as it turns out they do have a

point and the Gujarat model really has a

major problem so the question over here

is what is the problem with Gujarat

model and how is it affecting the people

of Gujarat

and this is what brings me to the second

pillar of our case study which is

industrial growth and ease of doing

business with a Gujarat model so let's

understand this from top to bottom I

would just like to say that

to Mr Modi that

your leadership has been exemplary you

have not only

made a mark

in this state in India but are now is

now

a leading state in the country we have

so far invested nearly three lakh crores

in the state of Gujarat and created

and catalyzed

over 1 million livelihood opportunities

in Gujarat India's mining giant vedanta

has joined hands with ronics

manufacturer folkscon it will set up a

semiconductor manufacturing unit in the

western state of Gujarat earlier this

month the government of India declared a

village in the western state of Gujarat

as the first to be powered completely by

solar energy

now to understand this part of the

Gujarat model we first have to

understand a very very important term in

economics called trickle down effect in

simple words what trickled on FX says is

that if financial leverage tax benefits

and incentives are given to the high

income earners business owners and

corporates it will result in overall

economic growth and this growth and

wealth creation of the people at the top

of the economic pyramid will gradually

trickle down and benefit the middle

class and the lower classes of the

society

now this is a little complex so let's

try to understand this using a story

let's say the year is 2026 and Raju

Academy is a billion dollar a tech

company that does 8 000 crores in

revenue and has 12 000 employees and

they made around 1 000 crores in profits

now let's say corporate tax in India is

26 which means they would have to pay

260 crores in taxes and will have 740

crores to reinvest in 2027. so when the

economy was doing extremely well in 2026

the working-class parents had a lot of

purchase power to buy raju's courses

which is why they made 1000 crores in

profits but in the next two years by

2028 as the economy started slowing down

and inflation increased the

working-class parents in India were not

able to afford raju's 25 000 rupees of

courses so the profits of the company

were expected to drop to 800 crores on

top of that again they have to pay 26 in

taxes which means they would have only

592 crores in profits after paying taxes

so if Raju Academy projects the sales

going down and expects a recession in

the next year what will the company do

they will lay off 25 of their employees

cut down the contract workers and pause

their expansion now this means there

will be 3 000 unemployed people in the

market and each one of these employees

who got laid off will then cut down on

their expenses for groceries they won't

go to movies they won't Buy electronics

like acz television and they would fire

the maid at their house so you see what

happened when Raju Academy laid off its

3000 employees these three thousand

employees income tax revenue to the

government was cut down the tax revenue

from movie theaters was cut down and the

tax revenue from electronics companies

was cut down on top of that the made in

these 3000 employees house got fired So

eventually this lows down the economy

further due to Rising unemployment and

decrease in business but this is where

the trickle-down Theory comes in very

very handy in this case when the

government sees the economy slowing down

and they see that Raju Academy is

expected to make 20 percent less in

profits they would devise a scheme such

that the attack companies will only have

to pay 10 percent in taxes and by the

way Guys these incentives could be of

any form it could be tax credit like

this it could be giving out land at a

very cheap cost for expansion or it

could even be about waiving off import

Duty and in this example we have taken

tax cut only because it's super easy to

understand all right anyways so in this

scenario when Raju Academy makes a

profit of 800 crores they just have to

pay 10 in taxes which means they would

have to pay only 80 crores and will have

720 crores in profits to reinvest in the

next year which is 20 29 so if you see

this amount of money left with Raju

Academy this year is almost the same as

when Raju Academy generated 1 000 crores

in profits and paid 26 percent in taxes

so back then they made 1000 crores in

profits and paid 260 crores in taxes

eventually to have 760 cruise to

reinvest in the next year but now they

paid only 10 taxes on 800 crores and in

spite of 20 decrease in profits they

would still have 720 crores to reinvest

in the next year so now Raju Academy

will not lay off 3000 employees the

market will have 3 000 less unemployed

people and hence the grocery shops the

electronic shops the movie theaters all

of them will enjoy healthy profits and

also the made in these employees house

will still have a job eventually

everybody would pay taxes and the

government is expected to collect the

same amount of taxes but without an

economic slowdown

this is how by cutting taxes for the

corporates the wealth trickles down to

the middle class and the lower classes

of the society this is the trickle-down

theory

but but but the most important word we

hear is Theory because this ideal

condition almost never really happens so

in reality what happens is that when the

government reduces taxes on 26 to 10

percent instead of Raju Academy

reporting 800 crores in profits they

would still Fire 3 000 employees save

300 crores in expenses and then they

would show their profits to be 1100

crores so at the end of the year they

would show off to their shareholders and

declare a 10 increase in profits even in

a bad market and this will eventually

increase their stock price or in another

scenario they will fire the workforce

and use the extra money to give out

incentives to the board of directors and

the upper management of the company so

you see what happened at the end of the

day the market still has 3 000

unemployed people they've lost the

purchase power to buy Electronics movie

tickets and groceries and on top of that

the maids also got fired so now while

the board of directors are enjoying

their incentives the middle class and

the lower classes of the society are

suffering and this is what creates

wealth inequality as in the ridge gets

richer and the poor have gotten poorer

so according to the wire and scroll this

trickle-down economics has failed in

Gujarat so if you look at Gujarat

subsidies and tax cuts it's absolutely

crazy in 2022 the net State goods and

service tax reimbursement to large

Industries was up to 75 percent of the

fixed capital from 1990 to 2006 Gujarat

gave out a total sales tax subsidy worth

500 billion rupees that is about 50 000

crores then Gujarat government had even

given out a soft loan of 584.82 crores

to Tata Motors in 2018 and this loan was

given at a simple interest rate of just

0.1 percent this is because the company

decided to relocate its Nano car plant

from West Bengal to Gujarat and then in

2022 for Semiconductor manufacturing a

75 subsidy was given on the purchase of

the first 200 acres of land for setting

up the manufacturing units this is how

Gujarat is is incentivized and cut taxes

for the biggest industries in the state

to turn Gujarat into an industrial

ecosystem as a result all these hundreds

of Industries have created a ton of

employment in Gujarat this is the reason

why Gujarat is consistently ranked among

the top three states in India with

respect to ease of doing business this

is also one of the most important

reasons why gujarat's GDP has grown at a

rate of 10 from 2001 to 2013 and now

it's back to grow at 17.4 this fiscal

now even considering the pandemics

loaded in 2021 this is very very good

and the fun fact is that Gujarat alone

accounts for 18 of the entire country's

industrial output and 30 percent of

India's total exports in 2021 and 22. so

firstly this brings us to the conclusion

of the second pillar of our assessment

which is industrial growth and ease of

doing business and undoubtedly Gujarat

has done a phenomenal job here so let's

put a green ticket here and now let's

move to the dark side of Gujarat and

trickle down economics which are social

indicator us as a first time voter in

Gujarat what are your issues education

for all the Shakti nagar school is one

of the 700 government primary schools

across the state which runs with just a

single teachers

[Music]

you see guys Gujarat in spite of being

one of the richest and the fastest

growing states in the country the

criticism that opposition media has put

forth is that in spite of so much wealth

flowing into the state the social

indicators of Gujarat are not so good

and this is a fair point so let's have a

look at three of the most critical

social indicators of all which are

Education Health Care and wages

firstly let's start with education

according to the annual survey of

Education report in 2018 less than 55

percent of the Class by students from

the government schools of Gujarat could

read Class 2 level textbooks and only 18

percent of the children in government

schools could do mathematical division

in class 5. in 700 government schools

there was only one teacher for class one

to eight to teach all subjects and this

is because even though anybody 2020

recommends the state to spend six

percent of the GDP into education

gujarat's education expenditure has been

less than 2.5 percent of its GDP and

that too since the past 20 years so

clearly they are doing a terrible job

with education the second pillar we have

is Healthcare and according to the

handbook of statistics on the Indian

States infant mortality rate in Gujarat

was 25 for every thousand live births in

2019. this place Gujarat at the 12th

position among other states and union

territories secondly the fifth round of

the national family head survey of

2019-21 it showed that the rate of

stunted children has not reduced

compared to the findings of the previous

round of data Collections and this

stunting or impact growth among children

is a consequence of poor nutrition and

at the same time the number of

underweight children in Gujarat has

actually increased this clearly states

that undernourishment is a rising

problem in Gujarat in spite of high

economic growth this is again because

even though the state government is

expected to spend three percent of its

GDP into Health Care Gujarat spends less

than one percent of its GDP on health so

again clearly the state needs to up its

game with Healthcare

and lastly we come to worker wages for

this you need to have a look at this

chart and here the most striking feature

is that except two or three states all

other States declare a shocking low

minimum wage which ranges from about 10

000 rupees per month to as low as about

7 000 rupees per month and Gujarat is

one of these states with a very very low

minimum wage of merely 9438 rupees per

month secondly even though agriculture

is one of the most important sectors of

the state for September 2022 Gujarat

stands at the second lowest rank for

male worker among the 18 other major

States and the daily wage form rail

workers in Gujarat is only 244 rupees

per day in fact the national average

itself is 344 rupees per day now you

tell me guys what can you buy for 244

rupees let alone food and shelter if

someone Falls sick at home the medicines

themselves might cost one week of their

income and similar is the case with

women's wages so clearly the Garment is

to up its game and increase the wages of

its workers in fact recently the

government of Gujarat proposed a 25

increase in minimum wages but the

Gujarat Chamber of Commerce and industry

has completely opposed the government

and has even blackmailed them with

moving to other states so clearly what

the wire and Scrolls say about trickle

Town economics is kind of true which is

although corporate tax cuts and

incentives have increased the wealth of

the state and the rich it does not

effectively percolated to the upward

which is why we have to put a red mark

here and more importantly you as people

of Gujarat need to understand that the

government is to spend more on Education

Health Care and increase worker wages

otherwise what will happen is the rich

will get richer and the poor will get

poorer this is my brief analysis of the

state of Gujarat now after I give you

the study materials please read through

those documents and decide for yourself

which candidate is good for you which

candidate is bad for you what are they

promising and what exactly are they

doing but before we move on I want to

quickly thank our partners of this

episode and that is cuckoo FM if you are

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Google map from the link in the

description moving on to the study

materials the first thing I'm attaching

is this RBI document about State

finances and risk analysis so read

through that and you'll understand all

the numbers that I quoted secondly I'm

attaching a detailed explanation of

trickle down economics where you can

understand the concept better and

thirdly I'm attaching RBS document

giving out all the statistics of all the

states and lastly I am attaching the

wire and scroll articles to help you

understand their point of criticism

personal opinions sometimes these

articles could be extremely biased so

please cross check the facts before

arriving to a conclusion that's all from

my chapter today guys if this video made

sense to you please share this in your

Social Circle with as many people as

possible so that you can stay out of

propaganda and actually understand the

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thank you so much for watching I will

see you in the next one bye bye

[Music]