Truth Shots with Kapil | Subhash Chandra Garg — What Really Runs India: Money, Politics or Policy? скачать в хорошем качестве

Truth Shots with Kapil | Subhash Chandra Garg — What Really Runs India: Money, Politics or Policy?

India dreams in trillions — but few understand what lies behind those numbers. In the finale of Truth Shots with Kapil, Kapil Gupta sits down with Subhash Chandra Garg — former Finance Secretary, India’s Executive Director at the World Bank, and IAS officer of 36 years. From inside the bureaucratic battlefield to battling global institutions, Garg shares how India’s system truly works — and where it breaks. They discuss: The evolution and biases of India’s administrative system The cost of saying “no” to political power How India lost its seat at the World Bank The subsidy paradox — and why welfare misuse is inevitable What really drives India’s trillion-dollar dream This episode isn’t about economics. It’s about India’s power structure — the unspoken reality of governance, politics, and bureaucracy. 🎬 Watch the finale episode now. No filters. No jargon. Just truth. #TruthShotsWithKapil #KapilGupta #SubhashChandraGarg #NoMinister #WeAlsoMakePolicy #IndianEconomy #Bureaucracy #PoliticsAndPower #governanceinindia Time Stamps: 0:00 – 1:25 — Intro & Guest Introduction Kapil opens the episode, introduces S.C. Garg — former Finance Secretary, World Bank Executive Director, and author of No Minister & The $10 Trillion Dream. 1:26 – 3:00 — Life after Bureaucracy Garg talks about his post-IAS life — writing, speaking, and documenting India’s budgets. 3:01 – 6:40 — Understanding “The System” How India’s bureaucratic system was designed post-independence, why it evolves, and how it shapes governance. 6:41 – 10:00 — Public Perceptions & Myths about Bureaucrats Discusses common misconceptions — corruption, power imbalance, and the reality of bureaucratic accountability. 10:01 – 14:00 — Balancing Bureaucracy and Politics Explores how bureaucrats and politicians must act as a team — and where conflicts arise. 14:01 – 20:00 — Saying “No” with Integrity Real-life anecdotes from Garg’s career about resisting political pressure (e.g., the Rajasthan oil federation story) and constructive policymaking. 20:01 – 26:00 — Inside India’s Budget System A deep dive into what the budget really does — public goods, redistribution, and growth. Garg explains how the process actually works behind the scenes. 26:01 – 34:00 — India’s Journey in Global Financial Institutions From a “junior partner” to a global contributor — India’s transformation in the IMF and World Bank. 34:01 – 37:30 — The Global Agenda & India’s Position How global institutions (especially the U.S.-influenced ones) shape priorities like climate and development, and how India negotiates within them. 37:31 – 40:25 — The Decision to Retire Early Why Garg took voluntary retirement in 2019 — not exhaustion, but a conscious career pivot toward knowledge creation. 40:26 – 43:00 — How Bureaucracy Shapes the Person Personal growth, responsibility, and evolution through 36 years in public service. 43:01 – 54:00 — Freebies, Subsidies & Economic Balance A candid discussion on subsidies, welfare, and whether cash handouts or “freebies” help or hurt economic development. 54:01 – 59:00 — Agriculture, Incentives & Corporate Farming Debating farm subsidies, incentives, and why India should explore corporate farming models for efficiency. 59:01 – 1:04:00 — India’s Three Economies Kapil and Garg discuss the “three Indias” — the developed elite, the striving middle, and the poor — and the challenge of one-size-fits-all policy. 1:04:01 – 1:09:00 — Accountability in Government vs Corporates Comparing bureaucratic systems with corporate structures and the need for reform. 1:09:01 – 1:12:00 — The Book: “No Minister” Garg explains why he wrote the book — to document real experiences honestly, not as an exposé. 1:12:01 – 1:16:00 — India’s $10 Trillion Dream: Dented but Alive Reflections on the 10-trillion target, how COVID and policy slowed progress, and what the road ahead looks like. 1:16:01 – 1:18:30 — Corruption, Culture & Change The role of corruption in India’s culture, how it affects governance, and whether we are improving. 1:18:31 – 1:20:00 — Rapid Fire Segment Quick takes on bureaucracy, leadership, and economic policy.