संवाद # 19: Harsh Madhusudan on why India remained poor and how it’s changing now for good

Harsh Gupta is a public markets focused investor who is "Long India". He was earlier with Ashika Group as chief investment officer, with Bain as a consultant focusing on DDs for PE/HF clients, and with MIT Poverty Action Lab as a research associate.

He is an INSEAD MBA and Dartmouth College Economics graduate. A CFA® charter-holder and IIT Delhi dropout, he has coauthored two books: Derivatives (Cambridge University Press) and A New Idea Of India (Westland/Amazon).

0:00 Decline of Kolkata
7:18 Why India remained poor
11:19 Our colonised economic experts
15:46 IPL & power of money
17:53 Will money help in decolonisation
22:16 Raghuram Rajan’s RBI Vs Now
25:37 Low interest rates, cost of capital & impact on economy
35:59 Why India’s future is bright
40:43 Quantity vs quality
44:30 Quality of demographic dividend
47:37 Can India still be $5 trillion economy by 2025?
53:06 Modinomics & New India
1:03:45 Reforms under Modi
1:08:57 India Startups flipping abroad
1:11:34 Dangers to India growth story