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The top focus of this episode of To The Point is on Congress leader Rahul Gandhi’s 'dead economy' jibe. 

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00:00Hello and welcome. Good evening. You're watching To The Point here on India Today.
00:04I'm Akshita Anandakopal. This evening we're putting the focus on the controversy triggered
00:08by leader of opposition Rahul Gandhi, where he's referred to India once again as a dead
00:14economy. We'll be joined by the BGP and Congress on this broadcast to debate that.
00:18We begin with the headlines first.
00:24Rahul Gandhi reiterates dead economy jibes as Trump tariffs badly hurting India,
00:29cites job losses and factory shutdowns. BGP hits back, says problem lies in Rahul's mind.
00:39Mega NDA show of strength in Tamil Nadu. Prime Minister Modi and NDA big wigs on one stage.
00:45PM hits out at DMK, saying that the Dravidar Munitra Kargam stands for corruption, mafia and crime.
00:52Stalin hits back, takes dummy engine jibe at NDA.
00:59Prime Minister Modi also went all guns blazing against left-hand Congress in Kerala,
01:10accusing them of corruption and communalism. Also gives Modi ki guarantee for a proper probe
01:15into the Shabrimala gold theft case.
01:17Congress MP Shashi Tharoor rebels against top brass, skips ki Kerala Congress poll meets.
01:28Also say Tharoor's snubs meet after Rahul Gandhi ignored him during his speech in Kochi.
01:38Karnataka High Court lifts ban on bike taxi services in state, directs bike owners or aggregators
01:43to apply for licenses. Uber welcomes Karnataka High Court's move.
01:50And heavy snowfall engulfs Kashmir and Himachal.
01:53Key highways blocked flight operations hit.
01:55Snow clearance operations on to wait.
01:58Leader of opposition Congress MP Rahul Gandhi has again sparked a political storm by reviving
02:15his dead economy attack. This time linking it to Trump's tariffs on Indian textiles.
02:21Sharing a video on social media, Rahul Gandhi lashed out at the Prime Minister and said
02:25people in India are hit hard by the tariffs and then repeated his dead economy taunt.
02:31The BJP is hit back, rejecting these claims.
02:34We'll first get you this detailed report of what Rahul Gandhi said and the counter.
02:42Congress leader Rahul Gandhi has revived his controversial dead economy attack.
02:47This time targeting the impact of steep US tariffs on Indian textiles.
02:51Flagging 50% US tariffs and warning of job losses and factory closures, Gandhi squarely held
03:01Prime Minister Narendra Modi accountable. He insisted the economy is in dire straits,
03:06a phrase he has used repeatedly in recent months.
03:10The BJP hit back sharply, rejecting the claims and describing the textile and garment sector
03:15as resilient and expanding. They accuse Gandhi of spreading negativity even as exports grow.
03:21This is not the first time Gandhi has used the debt-economy line.
03:29In 2025, he echoed former US President Donald Trump's debt-economy jibe,
03:35originally made on his social media platform, Truth Social.
03:42This is not the first time Gandhi has used the debt-economy line.
03:46In 2025, he echoed former US President Donald Trump's debt-economy jibe,
03:51originally made on his social media platform, Truth Social.
03:55He even agreed with the characterisation, a move that sparked controversy within his own party.
04:02Yes, he's right. I mean, everybody knows this, except the Prime Minister and
04:11the Finance Minister. Everybody knows that the Indian economy is a dead economy.
04:18I'm glad that President Trump has stated a fact.
04:22Trump has written that India and Russia could take their dead economies down together,
04:34criticising trade barriers and tariff levels.
04:38Gandhi used this to argue that New Delhi must address deeper economic challenges.
04:42The renewed barbs highlight how economic performance has become a central battleground in national politics,
04:50with both sides trading sharp jabs over jobs, growth and global trade.
04:56Bureau Report, India Today.
05:02So, is India's economy a dead economy?
05:05Rahul Gandhi suggests it is.
05:07But we've been in the last one week at the World Economic Forum in Davos.
05:12So, obviously, I had a chance to speak to some of the top economists and experts on India's growth story.
05:19Do they believe that India is a dead economy?
05:21Do they believe India is growing at the right pace?
05:24Listen in to what the experts have to say.
05:27The data that is being thrown by the government lacks transparency,
05:31and therefore, should we go by the headline GDP numbers,
05:34or actually try and break it down into specific sectors?
05:37So, the grades are an absolute measure, not a relative measure.
05:41So, my previous point was saying that most emerging markets find themselves in that bracket
05:47because they don't have the national statistics being done the way it can be done.
05:53That requires investment.
05:54And actually, the IMF is working together with the Indian Statistics Office
05:59to improve on this kind of data collection.
06:03And there's an important round that's being done right now in terms of rebasing,
06:06which will help improve the quality of the statistics.
06:09Because, again, one of the concerns is how do you get private investment back on track in India?
06:15If India has got to go to the next level, despite all the incentives the government has given,
06:19private investment has been sluggish.
06:21It's been largely state-driven capital investment.
06:23Do you believe that's where the ease of doing business,
06:27of ensuring that there's a growing business confidence needs to be restored,
06:32also a climate free of fear, if I may call it that,
06:35that businessmen need to believe that they will not be unfairly penalized for actions they take?
06:41I do believe that the complications in terms of being able to do business,
06:47all of the areas where I said reforms were needed, including on land,
06:52are holding back private investment.
06:54And, indeed, you want to be in a predictable environment when it comes to regulations,
06:58when it comes to government policies.
07:01And sometimes, you know, that has not been as predictable as it should be.
07:05So global growth projected at 3.2 percent for the year that was?
07:10The year that was is 3.2.
07:13Many believe it's going to be 2.3 for the year that goes ahead.
07:173.3 for the year.
07:18Do you believe that 26, 27 will maintain 3.3 percent,
07:24or do you see a further slowing down?
07:27Given what we know, I would say 3.3 is possible
07:31because for a lot of economies of the world,
07:34they're going to benefit from the rate-cutting cycle,
07:36including in India, where interest rates have come down.
07:40There is fiscal stimulus in several countries that's coming in,
07:43including in the U.S., Germany, China.
07:47All of those work in favor of being able to maintain growth,
07:52including in terms of the AI spending space.
07:55But, you know, the risks are what we might see in the year from the speech.
08:02Very soon that could happen in about a half an hour from now,
08:05and whether we have another big eruption of tariff and trade wars
08:09across the major nations of the world,
08:11whether there's a trigger of inflation.
08:13Because the risk, I don't think that's being priced into markets right now,
08:16is that inflation could be higher in the U.S. than what's being expected,
08:20in which case the Fed would have to raise interest rates,
08:23and nobody's really expecting that.
08:24So where does India then fit into this?
08:27We are one of the fastest-growing, if not the fastest-growing economy,
08:30large economy in the world at the moment.
08:33How should India deal with Donald Trump?
08:35Just shut off the noise.
08:36Is that possible at all,
08:38given the fact that we now don't even know
08:39whether a trade deal will happen with the United States?
08:42How should India deal with this face of Donald Trump 2.0?
08:47Look, at the broad macro level,
08:50what India should recognize is time is on its side.
08:53India has been doing extremely impressively economically,
08:57and this is basically, at this point, it's fair to say,
09:00is a 25-year story.
09:02India has been progressing.
09:03If you look at the numbers under the Manmohan Singh government
09:06and the Narendra Modi government,
09:08they're actually roughly the same.
09:09Per capita GDP growth is about the same.
09:12And what's important now is there is a certain critical mass
09:15that has been reached.
09:17And, you know, 20 years of growth means in year 18, 19, 20,
09:21for example, the government has revenues of really substantial size.
09:25So you see that in the infrastructure build-out.
09:28And Modi has been a very good manager of the economy in most ways.
09:32So I think all of that, just keep doing,
09:35focus on modernizing the economy,
09:38modernizing the society.
09:40India has a huge advantage.
09:43Most of its economy is domestic economy.
09:46Most of its economy is a consumption-based economy.
09:49Most people don't realize this is very rare.
09:51India and the U.S. actually, I think in Indonesia,
09:54are the only countries where consumption as a share of GDP is over 60%.
09:59In China, I think it's 30%, 35%.
10:01So all those countries rely on exports to fuel their economy.
10:07India doesn't.
10:08India relies on internal consumption.
10:10Now, you do want exports because they are high value.
10:13They support high-paying jobs.
10:15They take you to the frontiers of technology.
10:17So continue trying to move in that direction as much as you can.
10:20You know, the iPhone story in India is a remarkable story,
10:25from zero to now supplying 45% of America's smartphones.
10:30Continue along those lines.
10:32Continue along, you know, EV lines.
10:34On the foreign policy side, have patience.
10:38Trump is volatile.
10:39Trump is idiosyncratic.
10:41And, you know, to the extent you can, as I've often said, manage him.
10:46Try to humor him.
10:47Try to find, if the guy likes big, fancy state dinners,
10:52throw him a big, fancy state dinner at Rajsharpati Bhavan,
10:55which, by the way, is four times the size of Buckingham Palace.
10:58And, well, they had a few hundred horses out there.
11:01India could have a few thousand elephants.
11:03You could have the Maharajas and Maharanis, you know.
11:06If the government is lacking any initiative or imagination,
11:11I would call the Ambani's and ask them how to throw a nice party
11:14that will impress the world.
11:16You know, play along with that.
11:18Because he clearly, as I say, he is a narcissist.
11:23And, you know, he likes being the king.
11:25So treat him like that.
11:27And if you can get a good trade deal out of it, great.
11:30But, you know, mostly have the patience to know
11:33that you're not going to die one way.
11:35You know, this is not a make or break for India.
11:38It's not going to kill India.
11:39But don't give up the courtship because, you know, honestly,
11:44India needs the deal more than America does.
11:47You know, the Indian economy has almost no impact on America.
11:52It's a pimple on the, you know, on the giant.
11:56But America does have an impact
11:58because America is going to be the force
12:00that helps India move up the value chain
12:03in terms of technology,
12:05in terms of economy,
12:06in terms of the kind of industries.
12:09India should be aspiring to be at the frontier of technology,
12:13not just doing cheap labor stuff.
12:15And to do that, you need a partnership with America.
12:17How should India see itself as we go ahead to 2026?
12:21What do you see India's immediate 12-month timeline?
12:25I'm not even looking beyond 12 months.
12:26As you said at the beginning, India is a middle power.
12:29It's very important.
12:30It's stable.
12:32And the fact that India has leadership
12:34that is more consolidated and popular
12:36than leadership in almost any other democracy around the world,
12:39only Mexico really has similarity among larger countries,
12:43means that India is capable of pushing back
12:45in ways that other countries are not.
12:47That helps India.
12:48Consistent leadership over time
12:50is something that is lacking in the world today.
12:53India looks very stable.
12:54It's a great growth story.
12:55But still, the Americans and the Chinese
12:58are dominating most of the conversations.
13:00And when you talk to the big players here
13:02who are like allocating capital all over the world
13:04and they say,
13:06we don't trust the United States so much anymore,
13:07what are they talking about?
13:09Reallocating to China.
13:10Because China has the market size
13:12and China has the technology.
13:14India is not in that conversation at this point.
13:18I'll bring in Siddharth Zarabi
13:19who's joining us from Davos.
13:21Siddharth, for the last one week
13:22has been getting us a slew of exclusive conversations
13:25with these top economists.
13:27Siddharth, you've been speaking with these global leaders,
13:29these economists,
13:30many of whom are praising,
13:31and we've just heard a sample of those,
13:33they're praising India's economic performance.
13:34And yet, here, Rahul Gandhi is again revived
13:39his dead economy taunt.
13:41How do you read that contrast?
13:43But most importantly,
13:44to you, Siddharth,
13:45where does the reality lie?
13:48Well, very clearly,
13:49it is disconnected from the data
13:52and the perception around the Indian economy.
13:56We've been here at Davos for five days.
13:58The Indian presence amongst the largest
14:02from any country in the world.
14:03And let me also tell you that
14:05this is one of the highest turnouts
14:07that Davos has witnessed in recent times,
14:10primarily on account of the geopolitical background,
14:14including what President Trump has been up to.
14:17His session here was an absolutely jam-packed session,
14:20as we all know.
14:21As far as the Indian economy goes,
14:23we've spoken to dozens of voices,
14:27not just Indian voices,
14:28who you could call chair leaders
14:30for the Indian economy,
14:31but global voices,
14:33noted economists like Gita Gopinath,
14:35a host of foreign policy analysts.
14:38Not a single person says anything of the kind
14:41that seems to have been alleged
14:42in this remark that you cited.
14:46In fact, there is expectation
14:48that the Indian economy could do even better.
14:51Let me just give you two instances for that.
14:54One, the fact that 2025
14:55was the year of reforms in India
14:58and 2026 promises to perhaps be even better.
15:02We are literally just days away
15:04from the union budget
15:05and we will definitely see
15:07certain announcements on that front.
15:10The second bit,
15:11and Gita Gopinath,
15:12one of the foremost voices
15:14in the international economic analysts
15:17sort of firmament,
15:20made it very clear
15:21that the question of India's economy
15:24becoming even larger
15:26is certain
15:27because even the maths supports that.
15:30So it is, I think, pure politics.
15:34It is also very clear
15:35that as far as Davos is concerned
15:38and as far as the perception
15:40towards India is concerned,
15:42business has trumped politics in Davos.
15:47Leading states, Maharashtra,
15:49Andhra Pradesh, Assam,
15:50a whole host of states
15:52and their delegations are going back,
15:55having achieved significant conversations
15:56with global corporations
15:58as well as Indian companies.
16:00And I think the results
16:01speak for themselves
16:03as far as the Indian economy is concerned.
16:06Okay.
16:07Thank you very much, Siddharth,
16:09for joining us,
16:10giving your perspective
16:10of this big political fight,
16:13as you put it,
16:13that's playing out.
16:14I'll bring in on this broadcast
16:16our political panellists as well.
16:18We've got R.P. Singh,
16:19spokesperson of the BJP,
16:20and Anshul Avijit,
16:21national spokesperson of the Congress.
16:23Good evening, gentlemen.
16:24Thank you for your time.
16:25Anshul, I'd like to begin with you
16:26on the statement made by Rahul Gandhi.
16:28Look, it's one thing to question,
16:30Anshul,
16:31the tariffs that have been imposed by Trump,
16:32the impact of it,
16:33which is what Rahul Gandhi has done.
16:34But is it an exaggeration then
16:36to follow that up
16:37by calling India a dead economy?
16:39No, no, absolutely not.
16:42In fact, I think,
16:43you know, Mr. Gandhi put it rather mildly.
16:46I'm going to go even further.
16:48The economy has been systematically
16:50been destroyed
16:52and killed by this government,
16:54beginning with demonetization,
16:56completely destroyed India's backbone.
16:58If you remember after that,
17:00the GDP precipitated
17:01to levels that were,
17:03they came down even further
17:05during COVID.
17:05Then there was that clunky GST
17:07that took 11 years
17:09to get a reform.
17:10You know,
17:11I just heard Siddharth say
17:12that 2025 was the year of reform.
17:14If you're going to take
17:15seven years
17:16to reform a bad law,
17:18then you can imagine
17:19the pace in which
17:20the government is moving.
17:22We are absolutely doomed
17:23in that case.
17:24Then after GST came,
17:25a lowering of corporate tax.
17:27They removed it.
17:28They thought it would,
17:29you know,
17:30somehow unleash animal spirits
17:32in private investment.
17:33That didn't happen.
17:34Then you had COVID
17:35where household savings
17:36completely permitted.
17:37You've got decreasing investment
17:39in health and education
17:40that is seen by the budget
17:42year after year.
17:43Akshita,
17:43go and have a look at it.
17:44Please go and have a look at it.
17:46And time and again,
17:48the macro figures
17:48that are emerging
17:49are absolutely disturbing.
17:52Now,
17:52I'll just give you
17:53one macro figure.
17:53You'll say that the GDP
17:54in the Q2
17:56was 8.2%,
17:57but the nominal GDP
17:58was 8.9%.
18:00So the real
18:01and nominal GDP
18:02are,
18:02you know,
18:03being technical,
18:03you're moving
18:04in opposite directions.
18:05That's a clear disastrous sign.
18:08Your wholesale price index
18:09is barely nothing,
18:10which means there's no demand.
18:12There's no private investment.
18:13That's one of the questions
18:14that Rajdeep also asked.
18:16Where is the private investment?
18:18And mind you,
18:19anyone who goes to Davos,
18:22you know,
18:22you have a large contingent people.
18:23It's a capitalist
18:25corporate gathering.
18:26Do you think anyone
18:27is going to say a bad thing?
18:28Don't know India is doomed.
18:29What kind of...
18:31Why not?
18:31I should not know that.
18:32I should not expect...
18:33Come on,
18:33these are global economies.
18:34They have no skin in the game.
18:36No, no, no, no, no.
18:38There,
18:38it's a different...
18:39Come on.
18:40Nobody's obvious there.
18:41They won't get visas
18:42next time to come to India.
18:43What are you saying?
18:44You know what happened to...
18:45Geeta Gopinath would not talk
18:46about pollution.
18:47She would not be honest
18:48and candid about pollution.
18:49Exactly my point.
18:50They moderated their replies
18:52by saying,
18:53no,
18:53our policy is tickled.
18:54It's got to look at again.
18:56The pollution is not there.
18:58Rajdeep asked the question
18:59about lack of transparency
19:01in data,
19:02which clearly shows
19:03you haven't had
19:04a national census
19:05in the last 11,
19:0612 years.
19:07You just started it now.
19:08That means all your data
19:10coming in
19:10is to 2011.
19:12Right?
19:12How can you develop
19:14economic policies
19:15if you don't know
19:16the population
19:17of your country
19:17and therefore
19:18lack of transparency?
19:20It also said
19:20the last gentleman
19:21that Rajdeep spoke to
19:23said that India
19:24is not in the conversation
19:25in the global economy.
19:27He said,
19:27China versus America
19:28that you hear
19:29we are completely
19:30marginal players.
19:31That is seen
19:31from the MAGTRO data,
19:33the FTIs that are coming in.
19:34I can go on and on,
19:35Akshita.
19:36This is my favorite topic
19:37and I can just go on.
19:40Anshir,
19:40I will have a follow-up
19:41question for you
19:42but let me give a
19:42chance to the BJP
19:43first to make
19:44their opening comments.
19:45Mr. R.P. Singh,
19:45go ahead.
19:46You have heard
19:46Anshul Avajit there
19:47talk about how
19:48and why
19:49the Congress
19:50believes
19:50that India
19:51is a dead economy.
19:52Your response?
19:54Well,
19:55Akshita,
19:55there is a
19:56part in the brain
19:57which is called
19:58parietal cortex.
20:00Probably
20:01Rahul Gandhi
20:02has a problem
20:03with that.
20:03That is why
20:04I see
20:04his parietal cortex
20:06being dead.
20:07That is why
20:07he keeps
20:08doing this
20:09and saying
20:09what he keeps saying.
20:11The Indian economy
20:11is dead.
20:12we are
20:14the number
20:14four economy
20:15in the world
20:15club with Japan.
20:17How could we
20:17have done
20:18that good?
20:19We were
20:20among the
20:2011th
20:22when the
20:23UPA was there
20:24and we have
20:24done much better.
20:25But coming to
20:26what's happening,
20:27our GDP is
20:27ongoingly growing
20:28from the last
20:29many quarters
20:30and it still
20:31will grow
20:31just how
20:32all the
20:33world rating
20:34agencies,
20:35IMF,
20:35World Bank,
20:36feels about it.
20:36Secondly,
20:38almost 25
20:39crore people
20:39have been brought
20:40out of the
20:40poverty line.
20:43This is not
20:43my data,
20:44it's again
20:44World Bank
20:45which has
20:45said so,
20:46that we have
20:47almost 25
20:48crore people
20:48were brought
20:48out on the
20:49poverty line.
20:50And I still
20:50remember
20:51the welfare
20:51schemes,
20:52the money
20:52spent on
20:53welfare schemes
20:54almost 50
20:54lakh crore
20:55rupees
20:55which we
20:55have spent
20:55in the
20:56last few
20:57years
20:57and out
20:58of which
20:59has reached
20:59to every
21:00individual
21:01which was
21:02targeted
21:02with that
21:03welfare scheme.
21:04unlike earlier
21:05when it used
21:06to be only
21:0615%
21:07which used
21:07to go
21:08and 85%
21:09used to
21:09be siphoned
21:11off or
21:11used to
21:11be
21:11there was
21:12a
21:12pilgrimage
21:12of 85%.
21:13We remember
21:14when we
21:15got the
21:16we came
21:18to power
21:18the state
21:19of the
21:19banks
21:20were in
21:22shambles.
21:23Today,
21:24banks are
21:24robust and
21:25doing well
21:25and also
21:26SBA is
21:27among the
21:28Fortune 500
21:29companies in
21:30the world
21:31today.
21:31Not only
21:32that,
21:32let's talk
21:33about how
21:34we have
21:34grown on
21:35airways,
21:36roadways,
21:36railways,
21:37metro,
21:37bridges,
21:38rural roads.
21:40Every year,
21:4111 lakh
21:41road rupees
21:42is being
21:42spent on
21:43infrastructure
21:44itself.
21:45These are
21:47the parameters
21:47for the
21:47growth of
21:48the economy.
21:49Also,
21:50how can
21:50we forget
21:50the defense?
21:51We used
21:51to always
21:52procure,
21:53almost import
21:5490% of
21:55defense equipment.
21:56Today,
21:57we are
21:57producing,
21:58give me
21:58another second,
21:58we are
21:59doing almost
22:0070% of
22:00the domestic
22:01production
22:02on the
22:02defense.
22:03and how
22:04to forget
22:04the space
22:05technology.
22:06We are
22:06the cheapest
22:06in the
22:07world,
22:08where various
22:10countries are
22:11tying up
22:11with us
22:11for their
22:12satellite
22:13launches.
22:13So,
22:14on every
22:14parameter,
22:15we are
22:15doing good,
22:16even on
22:16social
22:17parameters,
22:18we are
22:18doing good.
22:19As for
22:19generation of
22:21self-employment,
22:23there are schemes
22:23of the
22:23government,
22:24which alone
22:25has been
22:25given to
22:26almost 42
22:26crore people,
22:27where
22:28self-employment
22:29is being
22:30generated.
22:31So,
22:31we are
22:32in what
22:33times when
22:34the world
22:34is in
22:35difficult
22:36times,
22:36and we
22:37are doing
22:37much better
22:38than various
22:38other economies
22:39in the world
22:39today.
22:40Anshul,
22:40you want to
22:40respond to
22:41that,
22:41that at a
22:42time when
22:42we have
22:42seen a lot
22:43of turbulence
22:43across the
22:44world,
22:44there are so
22:45many economists
22:47who,
22:47of course,
22:47you are
22:48choosing to
22:48say it
22:48doesn't
22:49matter what
22:49they have
22:49to say,
22:50but they
22:50are highlighting
22:51the fact that
22:52India is
22:52doing well,
22:53and in the
22:53face of an
22:54unpredictable
22:54Trump,
22:55God
22:55knows what
22:56he is going
22:56to throw
22:57at any
22:57country next.
22:58In the
22:58face of
22:59that,
23:00the way
23:00India has
23:01chosen to
23:01respond,
23:02many,
23:02many experts
23:03have chosen
23:03to hail.
23:04I will
23:04highlight for
23:04you what
23:05the economist
23:05itself has
23:06spoken of.
23:06Speaking of
23:07Prime Minister
23:08Modi's
23:09economic
23:09pragmatism,
23:10they have
23:10said this
23:11reformist
23:11term deserves
23:12praise.
23:15You know,
23:16Akshita,
23:17if you choose
23:18to look at
23:18the figure
23:19that India
23:19is a
23:20$4 trillion
23:21economy,
23:23and weigh
23:24that against
23:24our economic
23:25progress,
23:26then that's
23:27highly misleading.
23:28It's a
23:28complete
23:28smokescreen,
23:30because you
23:30have to
23:30look at
23:31the per
23:31capita
23:31GDP.
23:32Some
23:33people may
23:34be making
23:34a lot of
23:34money,
23:35that may
23:35have
23:35skewed
23:36figures.
23:36Do you
23:36know,
23:37according to
23:37all the
23:38inequality
23:38reports that
23:40are coming
23:41in,
23:411% of the
23:42population
23:43owns 40%
23:44of India's
23:44resources.
23:45That truly
23:46cannot be
23:47the barometer
23:48to which
23:48to judge.
23:49Mr.
23:50R.
23:50P.
23:50Singh,
23:50he's shown
23:51a lot of
23:52figures.
23:53Let me
23:53just respond
23:53to them.
23:54They're not
23:54inaccurate.
23:55Can I
23:55just respond
23:56to a
23:56stable
23:58advocate?
23:58No,
23:59just look
23:59at the
24:00real figures.
24:01Which world
24:02are you
24:02leading into?
24:03Are you
24:03leading into
24:04a world,
24:04into a
24:05future,
24:05where you
24:06celebrate a
24:06figure like
24:0720?
24:07That may
24:08go to
24:088 trillion.
24:09It's not
24:10going to go
24:10beyond that,
24:11because the
24:11economy is
24:12not progressing.
24:12There is
24:13a cloud of
24:14doubt against
24:14the GDP
24:15figure,
24:16which Mr.
24:16R.
24:16Singh also
24:17closed,
24:17which is
24:188.2%,
24:19because all
24:20your other
24:21macroeconomic
24:21indicators are
24:22terrible.
24:23Your FDI,
24:24your net FDI,
24:25which is capital
24:26inflows in
24:27India,
24:27your net FDI
24:28fell to 96%
24:30last year.
24:32People are
24:32pulling their
24:33money out.
24:34They're not
24:34investing in
24:35India.
24:35Your PLI
24:36scheme,
24:36which is
24:37supposed to be
24:37your flagship
24:39scheme,
24:39which also
24:40Farid spoke
24:41about in
24:41that interview.
24:42Let me just
24:42tell you a
24:43bit about it.
24:43You spent
24:442 lakh crores
24:45in making
24:46mobile sets,
24:47which are
24:47largely imported
24:48from China.
24:49You assemble
24:49them, and
24:50then you send
24:51them back and
24:51say that you've
24:52done a great
24:53deal.
24:53You spent
24:532 lakh crores
24:54in that
24:55investment.
24:55The government
24:56claims that
24:57they have
24:57made employment
24:59of 12
24:59lakh employment
25:01by spending
25:022 lakh
25:03crores.
25:04They have
25:04claimed that.
25:05We don't
25:05even know how
25:05much employment
25:06has gone.
25:06This is
25:08complete
25:08imbalance.
25:10This
25:10PLI
25:11is an
25:11absolute
25:11disaster.
25:13All your
25:14economic
25:14indicators,
25:15by the way,
25:16your hunger
25:16index,
25:17you're 105,
25:18your human
25:18development
25:19index,
25:19you're 140
25:20out of
25:20190.
25:21You're also
25:22cherry-picking
25:23here.
25:25You're choosing
25:27to ignore the
25:28positive side
25:28of it.
25:29What is the
25:30definition of
25:31a dead
25:31economy?
25:32What is the
25:32definition of
25:33a dead
25:33economy
25:33ultimately?
25:35There is
25:36gross levels
25:37of
25:37inequity
25:38that few
25:38people make
25:39a lot of
25:39money and
25:40the rest
25:41which is
25:41reflected in
25:42your per capita
25:45and all the
25:46reports that
25:47have come out.
25:48Nobody spoke
25:48about India's
25:49inequity.
25:50Did anyone
25:50ask the
25:51question?
25:51What about
25:52your GDP?
25:53What about
25:53your global
25:54hunger index?
25:55What about
25:55your human
25:56development index?
25:57These are
25:57also foreign
25:58organizations.
26:00When you
26:00quote World
26:00Bank and
26:01say how
26:01great India
26:02we are doing,
26:02you should
26:03quote other
26:03organizations.
26:03You're
26:04quoting
26:04World
26:04Bank.
26:05You also
26:05quote a
26:06future
26:06upgrade a
26:07GDP,
26:07fourth largest
26:08economy.
26:08None of
26:08that matters.
26:09You're ignoring
26:10all of that.
26:10I'm telling you it
26:11doesn't matter
26:12because that
26:13money is
26:14controlled by
26:15your high
26:16frequency
26:16indicators.
26:17I admit I'm
26:18not disputing
26:19what Mr.
26:19R.P.
26:20Singh is saying.
26:21Your high
26:21frequency
26:22indicators show
26:23a wonderful
26:23picture.
26:24That means rich
26:25are getting
26:25richer.
26:26Companies are
26:26making a lot
26:27of money.
26:27The stock
26:27market is going
26:28high.
26:28Where are they
26:29spending their
26:29money?
26:29They're not
26:30putting it
26:31in private
26:31capital because
26:32that was
26:32Rajiv's
26:33question.
26:34It's
26:34everybody's
26:34question.
26:35What are
26:36they doing?
26:36They're
26:36de-leveraging.
26:37That means
26:37they're
26:38settling off
26:38their debt.
26:39The books
26:40are really
26:40robust and
26:41they're
26:41making a
26:41lot of
26:41money.
26:42Where is
26:42the money
26:43going?
26:43Mr.
26:44R.P.
26:44Singh,
26:45your response
26:46please.
26:46The Congress
26:46say essentially
26:47rich getting
26:48richer,
26:48poor getting
26:48poorer in
26:49India.
26:51How many
26:52bridges,
26:53how many
26:53flywords,
26:55how many
26:55roads,
26:56can you
26:57measure the
26:57road infrastructure?
26:58Today we
26:58have one of
26:59the best in
27:01the world
27:01today is
27:01where the
27:01road infrastructure
27:02goes.
27:04The airports
27:06have been
27:07doubled,
27:07the hospitals
27:08have been
27:08doubled.
27:09All that
27:10generates
27:10employment.
27:12When you
27:12build up
27:13roads,
27:13it generates
27:13employment.
27:14As I told
27:15you,
27:15the Prime
27:15Minister's
27:16self-employment
27:16scheme,
27:17there's almost
27:1842 people
27:19who have
27:19taken small
27:20scale
27:20loans from
27:2150,000
27:21to 5 to
27:2310 lakh
27:23rupees,
27:24but they're
27:24also generating
27:25employment.
27:26That is also
27:26generating
27:27employment.
27:27As I
27:29said,
27:30the man
27:30suffers from
27:31patrial
27:31cortex.
27:32You can't
27:32help him
27:33because
27:33Mr. Rahul
27:33Gandhi
27:34is a
27:34problem.
27:35Let's
27:35stick to
27:35data and
27:37facts to
27:39counter what
27:39the Congress
27:39has said.
27:40I just
27:41not told
27:42you.
27:43Give me a
27:46second.
27:47More than
27:4816
27:49people were
27:50given
27:50toilets.
27:53Obviously,
27:54the money
27:54would have
27:54gone into
27:55it.
27:56It would
27:56have
27:56generated
27:56employment.
27:57You can
27:58build up
27:5816
27:59toilets
28:00without
28:00generating
28:01employment.
28:02The scheme
28:03for housing,
28:05more than
28:054
28:05people were
28:06given
28:06houses
28:07last
28:07year,
28:09last five
28:10years.
28:11Obviously,
28:12that would
28:12have
28:12generated
28:12unemployment.
28:13It can't
28:14be done
28:15in the
28:15thin air.
28:16So,
28:16all these
28:17segments
28:18which are
28:18generating
28:19employment,
28:19they are
28:20being overlooked
28:20by my
28:21commerce
28:21friend.
28:23Okay.
28:24Ultimately,
28:25you can
28:27look at the
28:27data whichever
28:28way you
28:28want.
28:29You can
28:29cherry pick
28:29which side
28:30of the
28:30debate you
28:31want to
28:31be on and
28:31figure out
28:32what you
28:32really think
28:33of India's
28:33economy either
28:34way.
28:34Thank you
28:35very much
28:35for joining
28:36me.
28:36Mr.
28:36R.P.
28:36Singh and
28:37Anshul
28:37Avajit for
28:38your time and
28:38for joining
28:39us here.
28:40We leave
28:40it to you,
28:41the viewer,
28:41to decide
28:41whether you
28:42agree with
28:42Rahul Gandhi
28:43or not.
28:43Is India
28:43a dead
28:44economy or
28:45when economists
28:46say that
28:46India is
28:47thriving,
28:47India has
28:48got a
28:50that
28:50version.
29:03From
29:04breaking
29:04barriers in
29:05space to
29:06shaping India's
29:07future mission,
29:07space icon
29:08Sunita Williams
29:09spoke exclusively
29:10to Preeti Chaudhary
29:11on life beyond
29:12active space
29:13flight, her
29:14love for
29:14animals, her
29:15bond with
29:15Kalpana Chawla
29:17and much,
29:17much more.
29:18Here's a short
29:18excerpt from that
29:19exclusive interview
29:20you can catch
29:21the full
29:22conversation
29:22with Sunita
29:23Williams this
29:23weekend.
29:30I just
29:31would, you
29:31know, want
29:32to begin
29:32with the
29:33fact of
29:33you retiring
29:3427 years
29:35and, you
29:36know, before
29:37all of this,
29:38I want to
29:39ask you,
29:40how would
29:41you introduce
29:42yourself to
29:43our listeners,
29:44to our
29:44audiences?
29:45You have to
29:46introduce yourself
29:47because you're
29:48used to very
29:49rich introductions
29:49wherever you
29:50know, and
29:51you know, I
29:51can, and
29:52yesterday I
29:53read out a
29:53full sheet
29:54about that.
29:55So I'd like
29:55you, if you
29:56can introduce
29:56yourself to
29:57our listeners
29:58and viewers,
29:58what would
29:59you say?
29:59Oh, wow.
30:01I would say
30:01hi, my
30:02name is,
30:03what my
30:03mother used
30:04to call me
30:04Sunny
30:04Williams.
30:06I'm a
30:06former Navy
30:07helicopter pilot
30:08and just
30:09retired from
30:10NASA as a
30:11NASA astronaut.
30:12Is that it?
30:14Yeah, I think
30:15that's where I
30:15would go.
30:16That's where
30:17you'd go?
30:17I just want
30:18to take...
30:18I think other
30:18things I would
30:19probably say is
30:20I used to be a
30:21competitive swimmer
30:22and I love
30:22animals.
30:24Those are some
30:24of the key
30:25characteristics about
30:26me.
30:26I just would
30:27want to add
30:28that the kind
30:28of records
30:29that you've
30:29made, 27
30:30years in
30:31service with
30:31the NASA,
30:32and I want
30:33to read this
30:33out because
30:34three missions
30:35to the
30:36International
30:36Space Station,
30:37608 days in
30:39space, nine
30:39space walks,
30:40over 62
30:41hours in open
30:42space, the
30:43most by any
30:44woman in
30:44history, and
30:44also running a
30:45marathon, which
30:46is the Boston
30:46Marathon in
30:47space, and
30:48there's so
30:48much more.
30:49When you
30:50close this
30:50chapter, and
30:51as you
30:52retire today,
30:53as you hang
30:53up your
30:53astronaut suit,
30:55Captain
30:55Williams, I
30:56want you to
30:57take a minute
30:57to possibly
30:59reflect on
31:00what this
31:01journey really
31:01was.
31:02Also, is
31:02there surrender
31:04pity in it
31:04that the
31:06announcement of
31:06your retirement
31:07is coming when
31:08you're in
31:09India, because
31:09your origin,
31:11Indian origin,
31:12and most of
31:13us back home
31:14feel that we
31:15have a bit
31:16of stakeholder
31:17in your
31:18life and
31:19career, and
31:19how it's
31:20spanned out?
31:21Wow.
31:23I'm excited
31:23about retirement
31:24for one thing,
31:25because I feel
31:26like it was
31:27a good time
31:28to leave.
31:29The chapter
31:29that I lived
31:30in for NASA,
31:32it was building
31:33and working on
31:33the International
31:34Space Station,
31:35and we're
31:36coming to
31:37the next
31:38chapter for
31:39NASA, and the
31:39next chapter is
31:40going back to
31:40the moon.
31:41All the work
31:42that we've
31:42done on the
31:42International
31:43Space Station,
31:44I think, is
31:44helping us inform
31:45our decisions as
31:46we make new
31:47spacecraft, think
31:48about sustainably
31:49living on the
31:50moon and how
31:50we're going to
31:51maybe build a
31:52place where
31:52people could be
31:53there on the
31:53moon for a
31:54long period of
31:54time.
31:55All of the
31:56data that we
31:56have gathered
31:57over the
31:57last, for
31:58the Space
31:59Station, 25
32:00plus years, and
32:02that includes
32:02all the
32:03buildings, that's
32:03my whole
32:04career, will
32:06help inform
32:07that next
32:08generation of
32:09explorers and
32:09exploration.
32:10I love that
32:11video when you
32:12came in and it
32:12was homecoming
32:13and your
32:13two dogs.
32:14God, that
32:15was so cute.
32:16Is that the
32:17reason why you
32:18had those
32:18paw print
32:19tattoos on
32:19your arm?
32:21Funny, like
32:22you mentioned
32:22in the beginning,
32:22how would I
32:23describe myself?
32:24That's sort of
32:24why I would
32:24say an animal
32:25lover.
32:26That definitely
32:26came from my
32:28mother's side of
32:28my family a
32:29little bit more,
32:29but my father
32:30really liked our
32:31pets as well
32:32later in life.
32:34And so, I
32:36don't know, I've
32:36always loved
32:37watching animals.
32:38I think they're
32:39really genuine,
32:41they're really
32:41pure, they
32:42don't have
32:43all the
32:44distractions, the
32:46mess that us
32:47humans do and
32:48the pain that
32:50we go through
32:51by just listening
32:52to our own
32:52heads, like you
32:54were talking
32:54about.
32:55And I think I
32:55value watching
32:57them.
32:57I value taking
32:58lessons learned
32:59from them.
32:59And that pure
33:00joy is something
33:01that we have
33:03inside of us
33:04too.
33:04We just sort
33:05of suppress it
33:06a little bit.
33:06The paw print
33:07tattoos that you
33:08have, are they
33:08your dolls?
33:09This was a
33:10Jack Russell
33:10Terrier that I
33:11had.
33:12I got him
33:13in 2001 and
33:14I had him
33:14until 2017.
33:16So, he was
33:16my old boy
33:17but went
33:18through a lot
33:19with me as
33:19I was training
33:20and getting
33:21ready to go
33:21to space.
33:22He traveled
33:23with me to
33:24Russia when I
33:24was training
33:25for my second
33:25space flight.
33:26So, he was
33:27my little
33:27buddy.
33:29Captain
33:29Williams, it's
33:30a personal
33:30question and
33:31you can choose
33:31not to answer
33:32it.
33:32But the last
33:33time you were
33:33here there
33:34was a lot
33:34of conversation
33:35about you
33:36wanting to
33:36adopt an
33:37Indian
33:37girl.
33:38Your sister
33:39had spoken
33:39about it and
33:40it seemed
33:40that there was
33:41interest.
33:42Why didn't
33:44you go through
33:44with it or was
33:45it something that
33:45you battled with
33:46in your head?
33:47Because the press
33:48seemed to suggest
33:49that you wanted
33:50to adopt a
33:50young girl from
33:51India.
33:51Well, my sister
33:53did adopt two
33:53children from
33:54India.
33:54Oh, lovely.
33:55Yeah, so, we all
33:57had talked about
33:58it at different
33:58times.
33:59My life was a
34:00little bit
34:01complicated.
34:01Both my husband
34:02and I were
34:02professionals that
34:03moved around
34:04quite a bit and
34:05I would say
34:06unfortunately we
34:07didn't have
34:07children and I
34:08think my biggest
34:09goal in life is
34:10try to be a
34:10positive impact on
34:12kids.
34:12Probably one of
34:12the reasons I
34:13love coming and
34:15talking to kids
34:16and you know
34:17for me it
34:19really wasn't a
34:20feasible idea just
34:21because my schedule
34:22was so crazy and
34:23I really value, I
34:25value my parents.
34:26My husband really
34:27valued his parents
34:28as well and I
34:30think two parents
34:31in the household
34:31with children is a
34:32really good idea
34:33just to provide a
34:34really awesome role
34:36models.
34:37You're somebody who
34:37have, who speaks
34:38all the time in all
34:40your interviews.
34:40You have spoken
34:41about team, about
34:43you know, coming in
34:44together, making
34:45things happen and
34:47something which a
34:48lot of us steered
34:48up on in India was
34:50your, the hug that
34:51you gave two days
34:52ago to Kalpana
34:53Chawala's mother.
34:54Yeah.
34:54And after that she
34:57spoke to the press
34:58and she says in
34:59Hindi, in Ches
35:00Punjabi also, she
35:01says,
35:02that when Kalpana
35:05Chawala died in
35:07that tragic crash,
35:08you know, on
35:09board in 2003,
35:13that you went and
35:14stayed with her
35:14family for three
35:15months and she
35:16spoke about
35:16Sunita used to
35:17come at nine in
35:19the morning and
35:19leave at ten at
35:20night.
35:20She's like my
35:21daughter.
35:22Is it standing up
35:23for a friend, being
35:25a team player?
35:26What was it?
35:27Oh, that's what a
35:28compliment.
35:29She's amazing.
35:30So their whole
35:31family is amazing
35:31and then a very,
35:33very, of course,
35:34unexpected and
35:35tough time, right?
35:37So just how to try
35:39and help people make
35:40sense out of the
35:41whole situation.
35:43You know, of course,
35:43she hadn't lived in
35:44India for quite some
35:45time and I was lucky
35:46enough to be Kalpana's
35:47friend and so just
35:48to share stories
35:49about her in the
35:50United States and
35:52hear stories about
35:53her and her
35:54lifetime in India.
35:55You know, we just
35:55spent a lot of time
35:57together and I think
35:57there was a little
35:58cathartic to just
36:00reminisce and talk
36:02about her and just
36:04relive her life
36:05because it was
36:07absolutely a life
36:08worth living and
36:09what she was
36:10represented and what
36:11she wanted in space
36:12is something that
36:13we in our office
36:15absolutely felt like
36:16we had to continue
36:17along with the rest
36:18of the Columbia
36:18crew.
36:19We weren't going to
36:20say like, okay,
36:20we're done.
36:21We're not flying
36:21anymore.
36:22We're going to
36:23explore in their
36:24honor.
36:24That's why they
36:25were flying in
36:26space.
36:26All of them were
36:27explorers and we
36:28just wanted to
36:29continue that.
36:30So sharing that
36:31ideas because that
36:33is a little bit
36:34different than a
36:34mother and a
36:35daughter having a
36:35conversation, but
36:36sharing, you know,
36:37her perspectives and
36:39how the astronaut
36:39office wanted to
36:40continue their
36:41legacy, I think was
36:42really important.
36:43So I wanted to
36:44spend the time with
36:44them to make
36:45sure they
36:46understood that.
36:47And for me, it
36:47was good just to
36:48get to know them.
36:49They're just an
36:49amazing family and
36:50I'm still in touch
36:51with a lot of
36:52them.
36:52So it's really
36:53great.
36:53And they have
36:53the fondest thing
36:54to say both her
36:55sister and her
36:56mother about you.
36:57But Captain
36:57Williams, speaking
36:58about the hair, you
37:00had quite a few
37:01good hair days.
37:01Yes.
37:02And spaced into
37:03something which
37:04the President of
37:05the United States
37:05also noticed.
37:06Yes.
37:07The lady with the
37:08crazy hair, I
37:09think something like
37:09that.
37:10Yeah, the lady with
37:10the crazy hair, we
37:11are bringing you
37:11back.
37:12It was nice.
37:16Is it a reason
37:17that you don't
37:18dye your hair or
37:19it's just that you
37:19want to wear your
37:20hair high that day?
37:21No, you know, I
37:22there's, you know,
37:24it's an enclosed
37:25environment.
37:25I never even asked
37:26the question whether
37:27or not I could or
37:27could not.
37:28I didn't even go
37:29there because that
37:30would cause a lot of
37:31people to have to do
37:31a lot of work.
37:32It's an enclosed
37:33environment.
37:34You know, there's
37:34chemicals with dyeing
37:35your hair and stuff
37:36like that.
37:36I didn't want to
37:37cause anybody to
37:38have any problems,
37:39including myself in
37:40this enclosed
37:41environment.
37:41So I just let it
37:42go.
37:43What scares Captain
37:45Sunita William?
37:46Do you fear anything
37:47at all?
37:48Because it doesn't
37:48think that or it
37:50doesn't seem that you
37:51fear anything.
37:51Oh, I feel I'm in
37:53I'm in normal human
37:54being.
37:54And, you know,
37:55there's things, of
37:55course, like when I'm
37:56hiking, I live out in
37:58the wilderness.
37:58And when I'm hiking,
37:59I'm I'm conscientious
38:00of the that it's I'm
38:02in somebody else's
38:03house, this wild
38:04animal.
38:04So I'm in their
38:05house.
38:05I have to be
38:06respectful.
38:07I wouldn't say I
38:08was necessarily
38:08scared, but I am
38:09conscientious and
38:10aware of of the
38:13wild animals that
38:14are out there.
38:14Right.
38:15And respectful of
38:16them.
38:17So that's one
38:18thing, you know, I
38:21don't know what else
38:21I'm afraid of.
38:22You know, for a long
38:23time, I was afraid of
38:24the, you know, when
38:25it's too dark, you
38:26know, so when I was
38:29a kid and I still
38:30have that a little
38:31bit.
38:31It's it's always nice
38:32to be home with
38:33another person versus
38:34by yourself when
38:35you're alone.
38:36Yeah.
38:36You know, like it's
38:36out, you always
38:37listen to the cracks
38:38and the noises in
38:39your house or in
38:40your spacecraft or
38:41whatever, if you're
38:42alone or by yourself
38:43at some period of
38:44time.
38:44So it's always nice
38:44to have somebody
38:45else around that's
38:46a little more
38:46comforting.
38:47I wouldn't
38:47necessarily say I
38:48was super scared,
38:49but it's
38:50uncomfortable.
38:51Have you watched
38:52Interstellar?
38:53I've watched part
38:53of it.
38:54It's a long movie.
38:55Yes.
38:56So I haven't
38:56watched the whole
38:57thing.
38:57So I do need to
38:58go back and watch
38:58it because it's
38:59been recommended a
39:00number of times to
39:00me.
39:01Yeah.
39:01With whatever
39:02little bit you
39:02watched, did you
39:03see any similarities
39:03at all?
39:04Yes, yes, yes.
39:06There's problems and
39:07you handle them piece
39:09by piece by piece.
39:10And there's a human
39:11aspect of that also,
39:12right?
39:13So I think, you
39:14know, we want to
39:15maintain our
39:16relationships with
39:18people and you
39:19don't want to
39:19explode or have
39:21and, you know, get
39:22aggravated and stuff
39:23because that doesn't
39:23really help solve
39:24the problem.
39:25We wish you well.
39:26We wish you good
39:27health.
39:27And we hope to see
39:28you back in India.
39:29Thank you for doing
39:30this.
39:30Thank you so much.
39:31There's a reason
39:48Kashmir is known as
39:49heaven on earth.
39:51With snowfall, the
39:52valley is absolutely
39:53stunning, pristine.
39:54But beneath that also,
39:56let's highlight the
39:57disruption.
39:58Flights grounded,
39:59blocked roads and
40:00people struggling
40:01as normal life
40:02has been disrupted.
40:03Here's a special
40:04report.
40:14Winter tightened its
40:16grip across North
40:17India once again as
40:19fresh snowfall
40:20blanketed large parts
40:21of Jammu and
40:22Kashmir and
40:23Machal Pradesh.
40:25In Kashmir, snowfall
40:27quickly resulted in
40:28flight delays and
40:29road closures.
40:33Operations at the
40:34Srinagar airport
40:35were hit hard as
40:37snowfall forced the
40:38cancellation of at
40:39least 26 flights.
40:42Airport authorities
40:43said snow clearance
40:45operations were underway
40:46on the runway, but
40:48airlines cautioned
40:49passengers to brace
40:50for delays and
40:51extended wait times as
40:53conditions continued to
40:54pose challenges.
40:55The mercury dipped in
40:59roads turned treacherous
41:00across the valley.
41:01Higher reaches bore the
41:02brunt of the snowfall
41:04prompting the closure of
41:05several key mountain
41:06roads.
41:08Authorities have ordered
41:09the closure of schools
41:10in several areas of
41:12Kashmir as a
41:13precautionary measure,
41:14citing safety concerns
41:16amid freezing temperatures
41:17and slippery roads.
41:19The winter's spell, how
41:27it is.
41:27The winter's spell, how
41:29it is.
41:30The winter's spell, however, was not without its cynic movements.
41:52Tourist hotspot Gulmag recorded 20 and 24 inches of fresh snow,
41:56transforming the Meadow Resort into a pristine white expanse.
42:01Meanwhile, Shimla woke up to its first snowfall of the season.
42:08The fresh snowfall across Chamon, Kashmir and Himachal Pradesh
42:11is part of a broader winter system affecting large swathes of North India.
42:16Shimla is a famous for the winter,
42:23and today it is a winter.
42:25The winter's winter is the first time of the winter.
42:28The winter's winter is the first time of the winter.
42:30The winter is the first time in Himachal Pradesh,
42:33which is in the midwalti and high areas,
42:36can be seen in the midwalti and high areas.
42:38So, this morning, the winter is the first time of the winter.
42:41As cold intensifies, officials in Jammu and Kashmir and Himachal
42:49are racing against time, clearing roads and restoring connectivity.
42:53Bearer Report, India today.
42:55Bearer Report, India today.
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