Welcome to the Swapnil Karkare Podcast, your go-to source for in-depth insights on economics and finance. Hosted by Swapnil Karkare β a Chartered Accountant, Economist, Researcher, and Podcaster β this podcast delivers fresh perspectives on India's state economies, key sectors, economic policies, and emerging trends shaping the nationβs financial future.
Through engaging discussions, we break down complex economic concepts and offer thought-provoking analysis, making it easier for listeners to understand critical topics in Indian economics and global finance. Whether you're a student, professional, or simply curious about the world of economics, this podcast is for you!
You can listen to or watch episodes on all leading podcasting apps and YouTube. For episodes featuring infographics, charts, or screen recordings, we recommend watching the video version for a more comprehensive experience.
Thank you for tuning in β stay informed, stay curious!
ππΌ Follow Me on -
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Blog - https://econgullyblog.wordpress.com/
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Never Underestimate the Magic of Coalition | State of Politics in India
Season 1 Β· Episode 22
Monday, April 7, 2025 β’ Duration 19:47
BJP has to deal with the whims and fancies of Chandrababu Naidu and Nitish Kumar for the next five years. "Ohh, that's gonna slow economic reforms!", exclaimed many people. Some expressed through writings, comments and interviews while some crashed the stock market. Well, it seems they do not understand how the country - its politics, bureaucracy, politicians and economy - works.
This video is a reminder to everyone that we have seen better reforms and economic growth under coalition governments than a majority. So, no, reforms are not going anywhere. Yes, the pace might slow down a bit and that's the function of democracy, right? I would say, a healthy function.
Also, the increased role of coalition and opposition is necessary for the country like India, where institutions are less developed. I believe there will be slew of reforms under this government. I would add another layer to it. I believe that this government can (if it wants to) bring some of the toughest economic reforms like land and labour if it keeps its eyes, ears and arms open. Let us wait and watch.
#india #government #politics #institutions #coalition #nda #bjp #modi #amitshah #chandrababu #nitishkumar #tdp #jdu #congress #manmohansingh #vajpayee #devegowda
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β±οΈ Time Stamps
00:30: History of reforms under coalition governments
01:37: Vajpayee's response highlights the essence of 'continuity with change'
03:30: Modi's biggest failures with reforms in the last 10 years
04:38: Coalition dharma & parliamentary debates will bring more reforms
07:40: How does India maintain checks and balances? Politics over institutions
11:10: Modi 3.0 will be more of the same
11:51: Targetted welfarism
12:24: Inflation management
13:47: Focus on capital expenditure
14:45: Fiscal discipline
17:20: Modi failed to bring many reforms despite the majority
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Sources:
Whoβs afraid of coalition governments?, Deccan Herald - https://tinyurl.com/3bav4hks
Why Indiaβs Political Reset Isnβt a Growth Killer, Bloomberg - https://tinyurl.com/nhfumrfv
Coalition rule could be good news for the Indian economy, Nikkei Asia - https://tinyurl.com/3b86sf3m
Ep 285: The Life and Times of Montek Singh Ahluwalia, The Seen & The Unseen Podcast - https://tinyurl.com/45etn6ef
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ππΌ Follow Me on -
LinkedIn - https://www.linkedin.com/in/swapkar
Twitter - https://twitter.com/Swap_Kar
Instagram - https://www.instagram.com/swap_kar/
Blog - https://econgullyblog.wordpress.com/
Support the channel - https://donate.stripe.com/3cs2aD26u4bB5UYeUUhttps://tinyurl.com/3bav4hks
More AC Coaches in Indian Railways
Season 1 Β· Episode 21
Monday, April 7, 2025 β’ Duration 15:58
Indian Railways are amping up AC coaches, but is it a sure-shot passenger pleaser? This video dives deep into the potential drawbacks of this move. We analyze the demand for AC coaches and highlight potential inequalities for non-AC travellers. Is this the right track for Indian Railways? Watch to find out!
#indianrailways #inequality #infrastructure #india #accoach #publictransport #passenger
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β±οΈ Time Stamps
01:06: Passengers travelled in AC vs. Non-AC compartments
06:32: Railway's revenue from AC and Non-AC coaches
07:50: Impact on non-AC passengers
12:29: Winners and losers
13:13: Conclusion
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ππΌ Follow Me on -
LinkedIn - https://www.linkedin.com/in/swapkar
Twitter - https://twitter.com/Swap_Kar
Instagram - https://www.instagram.com/swap_kar/
Blog - https://econgullyblog.wordpress.com/
Support the channel - https://donate.stripe.com/3cs2aD26u4bB5UYeUU
What can we learn from Vijay Salgaonkar's life? Today, in EconBolly segment, we are analysing the movie 'Drishyam' (Hindi version).
Movies are made for entertainment or information. But not to educate on hiding murders. Right? πͺ π¬
We will learn about an economics concept called 'externalities' from this movie. π§πΌβπ«
We will also learn about a psychological concept called the 'illusory truth effect' and understand how that plays out in the movie. That's where narrative management lessons come from. π
#drishyam #economics #externalities #narratives #criminalpsychology #ajaydevgan #tabu
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β±οΈ Time Stamps
00:57: Background - Ajay Devgan's character
02:06: Getting Away with the Murder
02:43: Externalities - Lesson 1
05:14: What happened on 2nd and 3rd October?
06:42: Recall or Illusory Truth Effect - Lesson 2
08:53: Illusory Truth Effect & Finance
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ππΌ Follow Me on -
LinkedIn - https://www.linkedin.com/in/swapkar
Twitter - https://twitter.com/Swap_Kar
Instagram - https://www.instagram.com/swap_kar/
Blog - https://econgullyblog.wordpress.com/
Support the channel - https://donate.stripe.com/3cs2aD26u4bB5UYeUU
Truth of Health Insurance to Senior Citizens | Regulation Update
Season 1 Β· Episode 19
Monday, April 7, 2025 β’ Duration 08:32
'Now senior citizens can get health insurance policy', that's what everyone said. But that is not the truth. Senior citizens were allowed to buy health insurance policies even before the new regulation. Then, what is this new regulation? I clarify it in this video.
#IRDAI #insurance #healthinsurance #seniorcitizens #health #policyupdate
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β±οΈ Time Stamps
00:50: Entry and Exit Age Clause removed in new regulation
01:22: Clarifying senior citizen clause
02:12: Meaning of new regulation
02:42: Effect of removal of age-clause
04:22: Health insurance is costlier for senior citizens
06:30: Relation to the new trends and macro-level realities
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Sources and Further References:
Old regulation (PDF) - https://tinyurl.com/3k9pdsen
New regulation (PDF) - https://tinyurl.com/t7435tvm
Money Control Article - https://tinyurl.com/39hyx7sc
Financial Express Article - https://tinyurl.com/amw48ys8
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ππΌ Follow Me on -
LinkedIn - https://www.linkedin.com/in/swapkar
Twitter - https://twitter.com/Swap_Kar
Instagram - https://www.instagram.com/swap_kar/
Blog - https://econgullyblog.wordpress.com/
Support the channel - https://donate.stripe.com/3cs2aD26u4bB5UYeUU
India Semiconductor Mission | Chips Policies Explained
Season 1 Β· Episode 18
Monday, April 7, 2025 β’ Duration 19:16
This is the third part of the semiconductor series. In the first part, I have analysed the global semiconductor industry. In the second part, I have analysed the US Chips Act.
In this part, I have analysed Indian policies on attracting semiconductor manufacturing. This is a detailed policy explanation. Criticism and other angles about this policy are not part of this episode.
JOIN us in unravelling this dynamic industry.
Correction: At 11:38, I have mentioned $200 mn+. It has to be $2 billion. But the conclusion remains the same as total cost of making a chip plant ranges between $3bn to $40 bn.
#India #semiconductor #chipsmaking #indaisemiconductormission #indiatechade #policy #policyanalysis #PLIscheme
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β±οΈ Time Stamps
01:12: India Policy Introduction
02:02: Companies Under the Scheme
03:51: Details of Four Schemes
08:07: Scheme for Semiconductor Fabs
08:35: What are Semiconductor Wafers?
09:52: Understanding Demand from Cars
13:19: Scheme for Semiconductor Products and ATMP and OSAT
15:07: Design Linked Incentive Scheme
16:42: Takeaways
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ππΌ Follow Me on -
LinkedIn - https://www.linkedin.com/in/swapkar
Twitter - https://twitter.com/Swap_Kar
Instagram - https://www.instagram.com/swap_kar/
Blog - https://econgullyblog.wordpress.com/
Support the channel - https://donate.stripe.com/3cs2aD26u4bB5UYeUU
CHIPS Act FLOP? Did it Fail American Tech?
Season 1 Β· Episode 17
Monday, April 7, 2025 β’ Duration 14:03
The CHIPS Act promised to reignite US chip production, but is it all smoke and mirrors? We dive deep into the act's progress (or lack thereof) and explore if it's doomed from the start. Will American tech ever reclaim chip dominance?
Join us as we explore the objectives of the CHIPS Act, its implementation progress, and the impact it has had on the semiconductor landscape.
#CHIPSAct #ustech #semiconductors #manufacturing #futureoftech #USA #useconomy #biden #bidenomics #technology #chipsdesign
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β±οΈ Time Stamps
01:18: CHIPS Act Budget - Is it sufficient?
03:07: New Semiconductor Projects in the USA
03:46: Problems with CHIPS Act
03:48: Environmental clearances
04:06: Producing chips in US vs. Asia
04:24: Shortage of workers
05:04: TSMC's experience in USA vs. Japan vs. Germany
07:12: US vs. Taiwan - Human Resources
08:27: Boycotting China and Russia
08:51: Boost to STEM education
09:27: Diversity, Equity and Inclusion
10:52: Concluding Remarks
12:09: Should the US focus on what it is good at?
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ππΌ Follow Me on -
LinkedIn - https://www.linkedin.com/in/swapkar
Twitter - https://twitter.com/Swap_Kar
Instagram - https://www.instagram.com/swap_kar/
Blog - https://econgullyblog.wordpress.com/
Support the channel - https://donate.stripe.com/3cs2aD26u4bB5UYeUU
Beginner's Guide to Understanding Global Semiconductor Industry | Industry Analysis
Season 1 Β· Episode 13
Monday, April 7, 2025 β’ Duration 07:36
What is a semiconductor? Where is it manufactured? What are the different types of chips? Which country is expert in producing what type of chip? If you want to know the answers to these questions, then, this episode is for you.
Highly recommended for everyone who wants to understand the industry. Consider it as Semiconductor 101.
#semiconductor #chips #computer #industryanalysis #industry #supplychain #USA #China #Taiwan #fabrication #fabless #foundry
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β±οΈ Time Stamps
00:57: Global Semiconductor Revenue
01:42: Fabs vs. Fabless vs. Foundries vs. IDMs
03:36: Top Semiconductor Companies
04:12: Types of Semiconductor Chips
05:26: Automotive Chips - Rise in Demand
05:57: End-Use of Semiconductors
06:18: Process of Semiconductor Manufacturing & Countries That Expertise in Different Processes
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ππΌ Follow Me on -
LinkedIn - https://www.linkedin.com/in/swapkar
Twitter - https://twitter.com/Swap_Kar
Instagram - https://www.instagram.com/swap_kar/
Blog - https://econgullyblog.wordpress.com/
Support the channel - https://donate.stripe.com/3cs2aD26u4bB5UYeUU
Bengaluru's Water Crisis Explained | Solutions for Bengaluru's Water Shortage
Season 1 Β· Episode 15
Monday, April 7, 2025 β’ Duration 25:23
Why is Bengaluru facing a water crisis? What can be done? What is the government doing? Can we solve this issue permanently?
Join me in analysing and discussing different angles on Bengaluru's water crisis situation.
#bengaluru #watercrisis #bbmp #bangalore #Bengaluruwater #karnataka #bengaluruwatercrisis #watershortage
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β±οΈ Time Stamps
00:51: Bengaluru Water Crisis Explained
03:34: Early Warning Signals of Water Shortage in Bengaluru
04:27: Critical Analysis of Government's Response to Water Shortage
12:25: Water Inequality in Bengaluru
13:27: Individual Water Meters Needed
16:08: Case for Increase in Water Bills
19:00: How Did Sao Paolo Came Out of Water Crisis?
20:57: Cauvery River Water Sharing Issue
21:24: IT Sector & Governments Should Come Together
22:50: What if the IT Sector Moves Out of Bengaluru! Water Scarcity and Migration
23:59: Water Security - New National Mission
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ππΌ Follow Me on -
LinkedIn - https://www.linkedin.com/in/swapkar
Twitter - https://twitter.com/Swap_Kar
Instagram - https://www.instagram.com/swap_kar/
Blog - https://econgullyblog.wordpress.com/
Support the channel - https://donate.stripe.com/3cs2aD26u4bB5UYeUU
How Do Indians Spend? Ft. Sushant Hede | Household Consumption Expenditure Survey 2022-23 Analysis
Season 1 Β· Episode 14
Monday, April 7, 2025 β’ Duration 46:53
The Indian government released a factsheet on the Household Consumption Expenditure Survey conducted in 2022-23.
I analysed it with Sushant Hede, a former Economist at Care Ratings and a Chartered Accountant.
We discussed the good as well as bad aspects of it. We also brainstormed what lessons one can draw from this year's household consumption expenditure survey for policy-making and business strategies.
Join us in the most in-depth and detailed video on consumption expenditure survey 2022-23.
ππΌ Follow Sushant on -
LinkedIn - https://www.linkedin.com/in/sushant-hede-4676a613b/
#consumptionexpndituresurvey #mospi #economics #indiaeconomy #india #publicpolicy #politics #poverty #inequality #food #cereals #census #data #education #expenses #expenditure #income #savings #consumption #production #business #indianeconomics #indiangovernment #villages #cities #indiancities #ruraleconomy #rural #urbanlife #rurallife
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β±οΈ Time Stamps
01:10: What is the Household Consumption Expenditure Survey? Why is it important?
03:25: Has the standard of living improved? What does rural vs. urban expenditure data look like?
10:15: Poverty has reduced. But by how much?
12:56: Income, Consumption and Savings don't add up. What's happening?
15:00: How much do Indians spend on food? Within food, where are we spending more? Are we eating healthy food?
18:18: In which non-food item are we spending more? Why is education expenditure share falling?
22:10: Does a fall in the share of food expenditure impact retail inflation?
25:54: How does this survey help the government? Did the Modi government fail to give subsidy money to poor people in the villages? How can the government spend its money smartly?
29:39: Is the fight for MSP worthless? Are farmers protesting for the wrong reasons? How to reform agriculture?
36:52: Inequality is decreasing
38:24: Sushant's Research - Do states with low rural populations have lower divergence?
41:34: Sushant's Research - The rural economy needs to be analysed through a different lens.
43:50: Conclusion
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ππΌ Follow Me on -
LinkedIn - https://www.linkedin.com/in/swapkar
Twitter - https://twitter.com/Swap_Kar
Instagram - https://www.instagram.com/swap_kar/
Blog - https://econgullyblog.wordpress.com/
Support the channel - https://donate.stripe.com/3cs2aD26u4bB5UYeUU
Explained: Why Farmers Are Protesting Everywhere? | EU Farmer Protest | India Farmer Protest
Season 1 Β· Episode 13
Monday, April 7, 2025 β’ Duration 14:38
Farmers around the world are protesting. Why are they protesting? Does it signal something? What are farmers' demands? Are farmers really struggling? What political and economic implications will it have? In this episode, I talk about protests in Europe and India.
#economics #farmers #farmersprotest #agriculture #europe #eu #india #msp #farmlaws #modi #rightwing #leftwing #peasant #inflation #prices
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β±οΈ Time Stamps
00:33: Protests in Europe
00:55: EU Laws
04:39: Cheaper Imports
06:47: Lower Sales Price
08:10: Subsidy reversal
09:04: Climate Change & War
09:54: Politics in Europe
10:27: Protests in India
12:49: Comparing Protests in India and Europe
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π Sources and Further References:
Europe:
Politico - https://www.politico.eu/article/farmer-protest-europe-map-france-siege-paris-germany-poland/
Piketty - https://www.lemonde.fr/blog/piketty/2024/02/13/pesants-the-most-unequal-of-professions/
Diem25 - https://diem25.org/demands-for-respect-for-farmers-across-europe-they-must-be-able-to-live-off-their-work/
Clean Energy - https://www.cleanenergywire.org/news/cuts-german-farmers-diesel-fuel-subsidies-largely-justified-economists
CAP, EU - https://agriculture.ec.europa.eu/common-agricultural-policy/cap-overview/cap-2023-27_en
India:
HT - https://www.hindustantimes.com/india-news/bharat-bandh-today-why-are-farmers-protesting-demands-nationwide-protest-whats-open-whats-closed-16-february-2024-101708058229152.html
econGully (my blog) - https://econgullyblog.wordpress.com/2021/03/29/understanding-farm-reforms-farming-in-india/
Seen & the Unseen Podcast - https://seenunseen.in/ (episodes 1, 86, 140 and 211)
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ππΌ Follow Me on -
LinkedIn - https://www.linkedin.com/in/swapkar
Twitter - https://twitter.com/Swap_Kar
Instagram - https://www.instagram.com/swap_kar/
Blog - https://econgullyblog.wordpress.com/
Support the channel - https://donate.stripe.com/3cs2aD26u4bB5UYeUU
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