- 21 minutes ago
PM's push for natural farming and crop diversification at Kisan Tak Agri Conference
Category
🗞
NewsTranscript
00:00Hello and welcome to an India Today special broadcast. I'm Gaurav Savan.
00:04Our top focus on this special show is Prime Minister Narendra Modi's swift counter-attack on the opposition
00:10on the issue of constitution, democracy, farmers and efforts that he's made to improve the plight of farmers
00:18and of course consumers in India through very tough times, whether it was the Russia-Ukraine war or the US
00:24-Iran war.
00:25And over the course of the next one hour, we will talk in detail about the food, fuel, fertilizer crisis
00:32that the world was grappling with and how India was steered through that crisis.
00:37But we will also talk about the internal big fight over democracy and constitution.
00:44So Prime Minister Narendra Modi was speaking at the India Today Aaj Tak Bharat Agriculture Conference.
00:53You had the Anadatas of the country and the Prime Minister of the country both on one platform.
01:00And while the Prime Minister spoke of a number of issues of steps that had been taken in the past
01:0612 years,
01:07he also hit out at the opposition.
01:11And he took a jive when he said those who move around with a copy of the constitution in their
01:16pocket,
01:17they actually think democracy is in their pocket.
01:20He then went on to recount an incident when the UPA was in power.
01:25And there was this time when Gujarat was judged the number one state and what transpired.
01:33How the economist who had judged Gujarat as the number one state in economic development
01:39was directly in the line of fire of top UPA leaders,
01:44including, according to reports, the leadership of the Congress Party.
01:48And this was the jive that Prime Minister Narendra Modi took at the opposition.
01:54That they could not even bear to see Gujarat being an opposition state, being judge number one on merits.
02:00There were consequences for that, for the economist, for those who had done so.
02:05But before I get you more on that story and get you more on this political debate,
02:10I want you to listen in to Prime Minister Narendra Modi.
02:13We will also get you what the opposition has to say about the current scenario and then we debate.
02:18But first, listen in to Prime Minister Narendra Modi.
02:49Prime Minister Narendra Modi.
02:50I want you to listen in to Prime Minister Narendra Modi.
03:01to be
03:03Yes, I can't
03:04I
03:05I
03:06I
03:08I
03:18I
03:20I
03:21I
03:22I
03:22I
03:22I
03:22I
03:22I
03:24I
03:25I
03:26I
03:34I
03:36I
03:38I
03:41I
03:42I
03:43I
03:44I
03:52I
03:54I
03:54I
03:54I
03:55I
03:56I
03:56I
04:08I
04:08I
04:09I
04:09I
04:23I
04:24I
04:25I
04:36I
04:37I
04:38I
04:38I
04:38I
04:52I
04:54I
04:56I
04:57I
04:57I
04:57I
05:02I
05:05I
05:23I
05:24I
05:24I
05:24I
05:25I
05:26I
05:36I
05:36I
05:39I
05:39I
05:40I
05:42I
05:52I
05:53I
05:53I
05:53I
05:54I
05:55I
05:57I
05:59I
05:59I
06:01I
06:02I
06:02I
06:04I
06:06I
06:06I
06:07I
06:07I
06:28I
06:29I
06:33I
06:36I
06:43I
06:44I
06:44I
06:44I
07:01I
07:02I
07:02I
07:02I
07:02I
07:02I
07:03I
07:05I
07:12I
07:16I
07:18I
07:18I
07:18I
07:22I
07:24I
07:24I
07:26I
07:28I
07:29I
07:36I
07:39I
07:41I
07:49I
07:51I
07:51I
07:53I
07:53I
07:55I
07:56I
07:58I
08:10I
08:21I
08:22I
08:22I
08:22I
08:22I
08:22I
08:22I
08:23I
08:23I
08:24I
08:36I
08:39I
08:51I
08:52I
08:52I
08:52I
08:52I
08:52I
08:52I
08:52I
08:52I
08:52I
08:53I
08:53I
08:56I
09:05I
09:20I
09:21I
09:21I
09:21I
09:21I
09:23I
09:25I
09:25I
09:34I
09:38I
09:49I
09:51I
09:51I
09:51I
09:51I
09:51and to Prime Minister Narendra Modi, I'll get you more on this story.
10:22लेकिन इसके बाद किसानों को क्या मिला, अन्न के गोदाम भरना ही काफी नहीं होता, समय के साथ दुनिया बदली,
10:38बाजार बदले, लोगों की जरुतें, खान पान सब बदले,
10:47मौसम बदला, टेकनोलोजी बदली, इस बदलाओं के साथ हमें, अपने किसानों को नए सिरे से ससक्त करना था,
11:02लेकिन पहले, इस पर भी ज्यान नहीं दिया गया, साथियों, बीते एक दसक में देश ने, इस रप्तार को मैच
11:17करने के लिए कदम उठाए,
11:25साथियों, पश्ची मेचिया में, जब युद्रका संकट बढ़ रहा था, तो कच्चे तेल की कीमतें, कुछी हफ्तों में,
11:36सतर डॉलर से बढ़कर एक सो बाई डॉलर प्रती बैरल तक पहुंच गई थी, तब भारत के सामने भी एक
11:44बड़ी चड़ोती थी, भारत के सामने मजबूरी थी कि कम से कम पचास रुपिये प्रती लीटर डीजल के दाम बढ़ाएं
11:56जाएं,
11:57एक लीटर डीजल पर पचास रुपिया बढ़ाने की जरुरत पड़ गई थी, और तब सरकार ने अपने किसानों के हित
12:08में निर्णे लिया,
12:09हमने तैं किया कि अंतराष्ट्ये माजार के जटके का पुरा बोच देश के नागरीकों पर किसानों पर नहीं डाला जाएगा,
12:23सरकार ने डीजल के दाम सरफ साथ रुपिया प्रति लिटर बढ़ाये जबकि बढ़ाने की जरुत थी पचास रुपिये और फोर्टी
12:34थी रुपिये प्रति लिटर का बोच खुद उठाया,
12:39हमारे आसपास के देशों में भी तब डीजल के दाम 40 से 50 परसेंट तक बढ़ गए थे,
12:49लेकिन भारत में ऐसा नहीं हुआ,
12:54तब से लेकर आज तक सरकार हर महिने 14,000 करोड रुपिये का नुक्सान उठा रही है,
13:02हर महिने लेकिन हमने देश के किसानों पर आँच नहीं आने दी है,
13:15जब देश के किसानों का हिस सर्वपरी हो,
13:20जब नागरिक देवो भव का भाव हो,
13:24तो ऐसे ही संबेदन सिल निर्णे होते हैं,
13:34इरान और खाड़ी देशों में चल रहे युद्द के बीच,
13:39डिएपी खाट की जबोरी,
13:43पांच हजार रुपिये की है,
13:46वो भारत के किसानों को सिर्फ तेरा सो रुपिये की उपलब्द कराई जा रही है,
13:58यूरिया की जो बोरी इंटरनेशनल मार्केट में तीन हजार रुपिये की है,
14:08वो तीन सो रुपिये से भी कमें भारत के किसान को दी जा रही है,
14:26वो तीन सो रुपिये की जा रही है,
14:43is Siddharth Zarabi, group editor, business today, television and business today,
14:47and Jainant Dehadrae joins us for a perspective on these developments.
14:53But I want to begin by asking you, Sanju Verma,
14:55what's the point that the Prime Minister recounts an old incident of, you know,
15:00related apparently to Bibek Dev Roy and Gujarat being number one,
15:05and there being some objection to it.
15:07I mean, that happened a long time ago, and those who did it are in the opposition.
15:11The people see it, they're already in the opposition.
15:14The opposition says it's the government under which,
15:18Narendra Modi government under which, according to the opposition,
15:20constitution and democracy are under threat, ma'am.
15:24You know, Gujarat, first and foremost,
15:27I think that was a brilliant address by the Prime Minister,
15:29where he spoke about hard data,
15:31and typical to his style,
15:34he did not hold back his punches,
15:35and he called out the rabbit bluff of a completely debilitated and vanquished opposition,
15:41whose only claim to fame currently is trying to denigrate and delegitimize institutions
15:46under the garg of free speech.
15:48Let me take your question and dive straight into the issue at hand.
15:53I think what the Prime Minister meant is the fact that,
15:57if you look at the history of the Congress Party,
16:00and we have seen umpteen times Rahul Gandhi taking out a red book and saying,
16:03I am saying that the Congress Party will be able to destroy you.
16:10He says this to the audience listening to him,
16:13though he's lost his constituency,
16:16whatever little credibility he had is going southwards.
16:20What the Prime Minister actually intended to say is,
16:24if you look at the history of the Congress Party,
16:26it's been in power in India for at least 54 long years.
16:30And I think the best example of how the Congress tried to delegitimize electoral democracy in India
16:39is the fact that Article 356 of the Constitution was used repeatedly
16:45by various Congressy Prime Ministers with rabid impunity,
16:49Gaurav, Jawaharlal Nehru dismissed seven duly elected state governments
16:54using Article 356.
16:56Indira Gandhi alone dismissed 49 duly elected state governments
17:01misusing and abusing her powers under Article 356.
17:06Rajiv Gandhi dismissed six state elected governments,
17:11But what does it have to do with what's happening today is the question the opposition asked.
17:22But fair enough, fair enough.
17:23Ma'am, you've raised a point.
17:25Let me take it to Mohan Kumar Mangalam and I'll come back to you.
17:27But Mohan Kumar Mangalam, the BJP says the electorate and especially the younger electorate
17:33must know the background of those who say Samvidhan khatray mein hai.
17:37According to the BJP, Samvidhan, unke samay mein khatray mein tha.
17:42Or words to that effect.
17:43Respond, sir.
17:45I think the problem when you're constantly driving while looking in the rearview mirror
17:50is that you're bound to have an accident.
17:52I think the Prime Minister doesn't realize that he's been in that chair for now 12 years, 11 years
17:56and he's still trying to look far into the past to find incidents.
18:01And by the way, I have the greatest respect for the late Vivek Debray, who's a wonderful economist.
18:06Whatever happened with him, there were also incidents, by the way, funnily enough,
18:09and I remember Jairam Rameshji as Rural Development Minister or as Ministry of Environment
18:14would go to a state ruled by opposition and praise the, you know, the living daylights out of them,
18:18if you will, and you'd get into trouble with our own party people for being so complimentary.
18:22So this happens in any government.
18:24This isn't an incident that really shines a light on what's happening with our constitution.
18:29I mean, we're talking about far more substantive issues.
18:32We're talking about capture of the Election Commission via ensuring that the panel to select
18:37the CEC itself is lopsided.
18:39We're talking about bypassing Parliament for major laws, doing voice votes, doing ordinances.
18:43We're talking about weaponization of the ED and CBI, which only goes after opposition leaders
18:49and browbeats them into either surrendering to them, joining their party, and now becoming
18:53chief ministers in some states.
18:54And, you know, now, I mean, one of the most severe things, I think, is some of the things
18:59we're hearing from judges in the recent past, from the former Supreme Court judge, Justice
19:04Sanjay Kahl, who recently detailed how the government exercised a pocket veto by indefinitely delaying
19:11or withholding clearance for collegium recommendations.
19:13So this government is not even leaving the judiciary out of their influence.
19:18In fact, he said it's a fantasy to imagine that the collegium is isolated from political pressures.
19:23So when you hear comments from senior judges like this, putting it out there that the
19:28government is trying to do its best to browbeat the judiciary into submission, then you have
19:33to ask what is left of the constitutional bodies that we have.
19:37Is there nobody that this government is not going to try and do this in submission?
19:44Sir, are we saying any of this is happening for the first time ever?
19:48And before I get Sanju Verma to respond to you, I want to bring in Jayanand Dehad Rai.
19:53Since you've raised a legal point, you know, on the appointment of the election commissioner
20:01or the chief election commissioner, no, no, fair enough.
20:06But is it the first time that judges have been, attempts have been made to browbeat them
20:10or political appointees have been made judges and then they go back to being political appointees
20:15and then come back to being judges, you know, how is it that constitution ab khatre mein hai
20:20aur ussa mein nahi tha?
20:21Because I only want to understand, Jayanand Dehad Rai, are we going through some dark, undeclared
20:26emergency kind of an era or is this political rhetoric?
20:30You know, the appointment of election commissioner is lopsided, says Mohan Kumar Mangalem.
20:36I mean, I respect his views, but I also want to understand how were election commissioners
20:40appointed earlier and what was their role earlier for the benefit of our country to
20:45know the factual position, sir?
20:48Gaurav, good evening.
20:49Very quickly, allow me to make two points, please.
20:51One, as an outside observer, I feel that the prime minister is a very seasoned statesman.
20:57He chooses his word very carefully.
20:59And I think in this particular instance, when he was addressing the audience, he's chosen
21:05to be very restrained.
21:06And the reason why I say that is because the history of the Congress Party itself, as any
21:11person, any objective observer in this country will tell you, has been riddled with instances
21:15where constitutional institutions have been denigrated.
21:18Just to give you a quick example, since you asked me something very specific about the
21:23judiciary, have we forgotten Justice Ray, Justice Beg, superseding HR Khanna to become
21:29Chief Justice of India?
21:30Why?
21:30Because Mrs. Indira Gandhi wanted to ensure that her own, you know, judges favorable to
21:36her, you know, end up becoming the head of the institution.
21:39That is one institution as an example.
21:42Please take the election commission.
21:43Have we forgotten Naveen Chawla?
21:45The number of state elections in which Naveen Chawla, the election commissioner, used to
21:50virtually hand over confidential information about election scheduling to the Congress leadership
21:58so that they could plan their elections in advance.
22:00That is one example.
22:01Then have we forgotten Mr.
22:03M.S.
22:03Kill, who was also Chief Election Commissioner?
22:05He was rewarded in a way that you cannot even imagine.
22:08He was ultimately made a cabinet minister by the by the UPA.
22:11So there are umpteen examples, Gaurav, where and I just want to say one more thing.
22:16You know, I think the Prime Minister, unfortunately, is forced into reacting and making a statement.
22:23He does it in a very restrained way when he hears such churlish remarks being made by people occupying
22:28such important positions like the leader of the opposition.
22:31And I always say this.
22:33I have personally nothing against Mr. Rahul Gandhi.
22:36He occupies a very important position.
22:38Why doesn't he raise very important questions, issues, policy challenges to the government?
22:44Put the government on the mat.
22:46You know, hold them accountable.
22:48But now his latest statement where he comes out and he says that, oh, Mr. Prime Minister,
22:52I have I have something on my phone that will end your political career.
22:56You know, he says something to the effect that you're tapping my phone.
22:59Hold on, hold on, hold on.
23:00I'll come to that.
23:00I want to stay on the issue.
23:02No, wait, wait, wait, wait, wait, wait, wait, wait, wait.
23:04I want to just stay on the issue and I don't want to digress from it.
23:06I want to stay on the issue of the debate, which is the Prime Minister's address at Kisanthak,
23:12you know, at India today.
23:13But I also want to bring in Sanju Verma because she wanted to come in on the political point.
23:17Sanju Verma, you heard Mohan Kumar Manglam and he says there's this fear, you know,
23:22what Justice Kohl said, for example, or when an attempt is being made allegedly to browbeat
23:27the judiciary or the election commission selection is so lopsided that it favours the government
23:34is the opposition charge, ma'am.
23:36Before I bring in Siddharth Zarabi on the energy issue, but go on, ma'am.
23:40You know, I think, Gaurav, Jai Dehyad Rai actually gave some very clear examples which
23:48showcase how if there is anyone who was trying to browbeat the judiciary into submission, it
23:53was the Congress party.
23:55You know, apart from the fact that between 1973 and 1977, we had Indira Gandhi who actually
24:01ignored Hans Raj Khanna and made M.H. Beg the CGI.
24:06She ignored J.S. Sheenath and made Ajit Nath Ray the CGI.
24:12More recently, we have examples.
24:13I cannot forget, just on the 1st of November, we celebrated, you know, the Congress party's
24:21absolute apathy, apathy towards the victims of the 1984 Sikhs genocide.
24:28And I use the word celebration because the Congress party till date has not officially apologised
24:33for the Narsanghar of Sikhs in 1984.
24:37And do you remember what?
24:38Justice Rangalad Mishra was, he is the one who gave a clean shit to the Congress party
24:44pertaining to the 1984 anti-Sikh genocide.
24:48And after that, he was rewarded in a classic quid pro quo style.
24:53He was given a Rajya Sabha nomination by the Congress party.
24:57And Gaurav, let's not forget, there's a man called Bahru L. Islam.
25:00He was a Supreme Court judge, he was the Chief Justice of the Gauhani High Court, and he
25:05was also a Rajya Sabha member on a Congress ticket.
25:09And my final rebuttal is this.
25:12Between 1950 and 2023, for 73 long years, there was only one man who decided how the Chief Election
25:21Commissioner will be appointed.
25:23That man was the Prime Minister of India.
25:25Today, you have a three-member committee.
25:27You have the Prime Minister, you have a senior cabinet minister, and you also have leader
25:33of the opposition who is a stakeholder.
25:36So let me tell you that if Mohan Kumar Mangilam says, oh, you know, look how the CEC is now
25:43being elected.
25:44Excuse me, for 73 long years, only the Prime Minister decided.
25:51So let me, before I bring in Siddharth Zarabi, Mr. Zarabi, before I bring in Siddharth Zarabi,
26:03Mr. Kumar Mangilam, you want to respond to this, that we had one system, the Prime Minister
26:08decided who would be CEC.
26:09That was not the Constitution.
26:11Now, when there is a three-member panel, the Constitution is not the same.
26:15How does this add up in your view, sir?
26:19Gaurav, that three-member panel is as good as being just one person, which is the Prime Minister.
26:24If he had included the Chief Justice as was recommended, not mandated by the Supreme Court,
26:29you would have a more balanced panel.
26:30That's the point.
26:31The question was raised now, not in history.
26:34And when it was also, just for the Naveen Chawla that you mentioned, we also had NSY Qureshi,
26:39we also had a TN station who brought some serious reforms in the Election Commission
26:43and quite often went head-to-head against the government of the day then.
26:47So let's not taint all previous election commissioners just because it was one person in charge of selecting them.
26:53The manner in which it's happening now, the proofs that we're bringing out in terms of how the SIR is
26:58being conducted,
26:59all of these add to the credibility issues of the current election commission.
27:02And we're tracing it back to the way in which the panel was modified to ensure that it was partisan,
27:09the way the person was selected.
27:11Now, as far as the Sikh rights go, I should correct, Sanju,
27:14that not only did the then Prime Minister, Dr. Manmohan Singh, apologize on the floor of the House,
27:20Mrs. Gandhi also expressed deep anguish and regret at the incident at the massacre that happened.
27:27I mean, this is, of course, nothing compared to Mr. Modi himself,
27:30who said that he felt regret just like sitting in the back of a car,
27:34running over a puppy about the Godra rights.
27:37Clearly, you know, it's apples and oranges, so maybe I shouldn't even bring that up.
27:41I need to come in here.
27:42Gaurav, I need a clear report for time.
27:44Gaurav, I let her have a free run.
27:46Okay, quickly, 30 seconds before I bring in.
27:48You've got to stop her from interrupting me when I'm talking.
27:50Absolutely.
27:51Absolutely.
27:53Absolutely.
27:53Nobody's interrupting anybody.
27:55Everybody gets to speak.
27:56Let, Sanju, hold on, hold on, hold on.
27:58Sanju Verma, just let Mohan complete his point.
28:01I will come back to you.
28:02Go on, Mr. Kumar Manglam, if you still have a point to make.
28:05Otherwise, I'll bring in Abbas Haider.
28:06I haven't been able to go to Abbas Haider even once.
28:09Go on, sir.
28:11And I will say to Jay that I'm familiar with the imagination.
28:13Okay, let me quickly bring in Abbas Haider into this conversation.
28:20Abbas Haider, the Prime Minister on the issue of farmers, and that's a very critical issue.
28:26Just saying that this government does nothing, the Prime Minister is actually listing out steps
28:31that have been taken, and especially in a very critical time, like the Russia-Ukraine
28:36war and the U.S.-Iran war.
28:38Sir, that narrative, does that weaken the opposition's attack on the government in your
28:44officiation?
28:45Well, Mr. Savant, I have two, three points to make.
28:48First of all, I want to respond to what Ms. Sanju Verma has said.
28:51She has said that between 1973 and 1975, Hansraj Khanna, who was the judge, Honorable Supreme
28:57Court at that time, did not get chance to become the Chief Justice of India.
29:00However, the decision, the dissenting decision given by Mr. Hansraj Khanna happened in 1976,
29:06and this matter began to 1977.
29:08But the obsession of, I did not interrupt you, Sanju Verma.
29:11Please, please hang on.
29:13Please hang on.
29:14See, the obsession of Bharti Janata Party.
29:17You'll give up, you'll give up.
29:18No, no, don't interrupt me, please.
29:20I'm just responding.
29:21I'm responding to a factual error you have put on camera, live on television.
29:26Just a minute.
29:26See, the obsession of Bharti Janata Party with the mistakes committed by the Congress
29:31Party, we can see on camera.
29:33If the Congress Party has done something wrong, long 50 years back, or maybe 25, 30 years back,
29:38they want to repeat it and then obsessed with it.
29:41They are shamed.
29:41They shamefully would like to come on television and say, see, Congress Party has done this.
29:46Now, we are going to do the same.
29:47Today, we have seen how, you know, if, you know, they talk about Naveen Chawla and so
29:52many other things, the panel which selects the Chief Election Commissioner of India and
29:58the Election Commissioner of India, that panel has a majority by the government.
30:03So, how come the, you know, how can you ensure the economy and transparency of the, you know,
30:10an organization which is the custodian of the electoral system of the country.
30:14One by one, one by one, one by one, one by one, one by one, one by one, a serious
30:23discussion
30:23about constitution into what about you, he want to derail the core issues.
30:29If somebody is carrying a constitution, it is reminding the government, the people sitting
30:34in the treasury benches that, sir, you should understand that you have to abide by the laws
30:41which are in the constitution.
30:44All faders go down, all faders go down.
30:48I want to bring in Siddharth Zarabi into this conversation because this is a question that's
30:52on facts.
30:54And Siddharth, the country, actually the world went through a very difficult time and it
30:58still hasn't been able to come out.
31:00Whether it was the Russia-Ukraine war or the U.S., you know, Iran war, fuel prices shot
31:07up, fertilizer prices shot up.
31:09Has India been able to steer better?
31:12You know, the prime minister listed out a number of things where India has been able
31:16to withstand the shock.
31:18Unlike, take for example, U.S. where prices just shot up.
31:21Here they haven't as much.
31:23So, Gaurav, the fact that fuel prices have not risen in line with the volatility that we
31:30saw in global crude oil prices is proven.
31:32It's not just proven with the start of the West Asia crisis in February of this year.
31:39We can go back another to 2022 when it was another February and the Russia conflict that
31:46you covered, Ukraine conflict that you covered in so much detail broke out.
31:51At both times, crude oil prices rose.
31:55There was one set of increases that happened and then another one that has happened in May
32:00this year.
32:01But if you take a look at the cumulative impact, it is clear that the government of India and
32:08the oil marketing companies have taken on a very significant burden of the global crude
32:14oil volatility that we have seen.
32:16Could this have been avoided?
32:18Can we suddenly discover more crude oil at home?
32:21Those are matters that we can debate separately.
32:23But the facts speak for themselves.
32:26For four years, consumers in this country have been protected to a significant extent from
32:33the impact that higher petrol and diesel prices have.
32:36We must also add gas in the most recent crisis because 90% of our gas, LNG, is imported and
32:46we have diversified.
32:48Inflation, just a day ago, the print is now above 6%.
32:52This is a number that is significant.
32:55It may lead to a rate hike.
32:58But just think of it, if the full pass-through of petrol and diesel prices had happened to
33:04the end consumer and the 14,000 crore that is being borne on the diesel account that Prime
33:09Minister Modi highlighted at our Kisan Tak summit, if that had been passed on to consumers,
33:15imagine what would have happened to inflation.
33:17So, regardless of the politics and the debate, it is clear that the government of India and
33:22the oil marketing companies, which are again central PSUs, have managed the fuel supply and
33:29fuel price situation.
33:31Does this mean that nobody is paying the bill?
33:35Absolutely not.
33:36The bill is ultimately coming to the exchequer.
33:39But for now, tens and hundreds of millions of Indians have been saved from higher prices.
33:48So, is that, in a way, blunting the opposition attack, the manner in which, you know, other
33:55countries have erupted Mohan Kumar Mangalam?
33:58India didn't, because to a very large extent, has that impact been borne by the exchequer,
34:05of course, by the taxpayers themselves, but better management by the government, sir?
34:10If the government is finally subsidizing the price of fuel and making it easier for the
34:16government, man, I applaud them.
34:18But let me also say, from 2022 to 2026, the price of crude oil consistently fell, fell from
34:25a higher of 120 all the way to 60.
34:27I'd love for you to go back and look at how many times they passed on the lowering or the
34:32savings to consumers at the same time that they're talking about saving them from higher
34:36prices.
34:37They didn't really pass on benefits of lower prices all that much anyway.
34:41They made about, I think, 30 lakh crores in excise on fuel, and the excise on diesel and
34:47petrol, diesel especially, I think now is 10 rupees, is still two and a half times what
34:52it was during the UPA.
34:53So, it's not that the government, I'm not saying the government is not subsidizing right
34:58now.
34:58I'm just glad they're finally doing it.
35:00But they've had a windfall for quite a while before this.
35:07Fair enough, Sanju Verma, so when the Prime Minister says that, you know, words to the
35:11effect, 14,000 crore is the loss, the government did not even pass on prices when the prices
35:18were at 60 and, you know, had come down from 120 to 60, ma'am.
35:24You know, Gaurav, I need to first make a statement.
35:28I said between 1973 and 1977, Hansraj Khanna and Jay Shailat were ignored and not made CGI.
35:37I think Samajwadi Party spokesperson said, oh, she said 1975.
35:40Please get your facts right.
35:42You're lying on national TV or you're hard on hearing.
35:44Between 73 and 75.
35:47I said 1973 to 77.
35:49Please get your years checked.
35:51Now, let me come to the moot point.
35:53You know, Prophet Kumar Mangala made some interesting point.
35:55Okay, okay, on the substantive issue.
35:56You should get your time checked first.
35:58Yes, let me, please keep quiet.
35:59I think your speech is not clear.
36:00Okay, guys, guys, no personal attack.
36:02Please, please, no personal attack.
36:04No personal attack.
36:05Please, please, I request all my guests.
36:09I request all my guests.
36:10No personal attacks, please.
36:11She's not supposed to heckle me when I'm making an opening statement.
36:15Gaurav, can I please give my point?
36:16But this is how she debates.
36:17Absolutely, nobody is heckling anybody.
36:19Absolutely, sir.
36:20Okay, ma'am, complete your point.
36:22Yes.
36:23The moot point is this.
36:24You never look at the economy in isolation.
36:28I think under Narendra Modi, we had three black swan events.
36:32First, we had the 2019-2020 COVID, the worst pandemic in over 100 years.
36:372022, you had the Russia-Ukraine conflict, the second black swan event, and the third
36:43black swan event came in 2026, whereby we had a prolonged West Asia crisis with one
36:50of the most important Hormuz Drake being shut down for months together.
36:56Despite three black swan events, the average improved...
37:00But you've not mentioned 2016-17 when crude oil prices were around 45-46 dollars per barrel.
37:06Okay.
37:06I refuse to compare...
37:07Your predecessor, government, was giving diesel and petrol to farmers with, you know, regulated
37:13diesel prior to 2014-2013.
37:17Do you know what was the price of crude oil?
37:19It was between 105-110 dollars per barrel.
37:22Even today, it is 88 dollars per barrel.
37:25Gaurav, can I finish what I was saying?
37:27Gaurav, can I please finish what I was saying?
37:30And the last 30 seconds on this part of the show.
37:32Can I please finish what I'm saying, Gaurav?
37:35Okay, only, only, only, only, only, only Sanju Verma for the next 30 seconds.
37:42Yes.
37:43I need to be on the lower window.
37:44Okay, I want no personal attacks on my guests, but only Sanju Verma.
37:49Complete your point, Sanju Verma.
37:51Abbas, just give her 30 seconds to complete her point.
37:53Go on.
37:54Gaurav, despite three black swan events, India is the only major economy with an average
38:00inflation in the last six years of 4.5 percent, fiscal deficit at 4.4 percent, current account
38:07deficit at less than 1 percent, primary deficit at less than 0.5 percent, average GDP growth
38:14of 7 percent plus.
38:15And during the height of this financial crisis, Siddharth can endorse this.
38:19We have 120,000 petrol pump stations.
38:23Not a single one was shut down.
38:25And let me tell you one more thing.
38:29I have only 30 seconds on this part of the show.
38:33And Siddharth, Siddharth, Siddharth, Siddharth, Siddharth, the 30 seconds that I have on this
38:37part of the show, I just want to understand, is the worst over or the worst is still not
38:41over?
38:42And we still have to tide over a very difficult economic situation while, of course, we continue
38:47to battle about the political situation.
38:49That's okay.
38:50But the economic situation, Siddharth?
38:52Just six hours ago, there's been a report from the IEA that for the first time, we will
38:58slip into a surplus supply position on crude oil.
39:03Remember, the Hormuz crisis was not a crisis alone of price rises.
39:07It was for the first time a crisis of supply.
39:12Yes, availability.
39:12And this is a very pivotal moment.
39:14And we can therefore expect that crude oil prices are likely to soften further.
39:23Well, fingers crossed, as far as the political temperatures are concerned, I hope they continue
39:28to rise because that is what makes us the strong, vibrant democracy that we are, where
39:33all sides are heard.
39:35And ultimately, it's for the voters to decide in elections.
39:38And we'll be tracking that story very closely.
39:40I want to thank all my guests, but I want you to listen in to Prime Minister Narendra Modi
39:44because he also has a word of advice for our farmers going forward.
39:48And it is extremely important.
39:50They need to now keep up with the times.
39:53There was a time when rice and wheat, and that was extremely important to grow rice and
39:59wheat.
40:00But now, it's the time, one, for diversification.
40:04And two, for clean farming, for pesticide-free, chemical-free farming.
40:10And the Prime Minister, he's given examples.
40:13When he was Chief Minister of Gujarat, he has a long stint of working with farmers there.
40:19There's something that he's been doing for the past 12 years at the centre.
40:23He wants to take this forward.
40:24Listen in.
40:25Thank you very much.
41:09Thank you very much.
41:27Thank you very much.
42:13Thank you very much.
42:27BTE DASAK में भारत में कृष्टी की विकासदर 4% से उपर रही हैं। ये आजादी के बाद पहला DASAK
42:43है जब देश के Agriculture Sector ने 4% से अधिक की आउसत ग्रोथ हासिल की हैं।
42:53आजादी के बाद पहली बार और इसी दोरान गावों में बड़ी संख्या में गरीबों ने गरीबी को परास्त किया है।
43:17अगर हम समय से पहले नहीं जगे, अगर हमने अपनी धरती मा को बचाने के लिए प्रयास नहीं किया,
43:28जो मा आज हमारा पेट भरती हैं, वो मा शायद हमारे हाथों से हमें छोड़ दें अशी स्थिति बन जाएगी।
43:41और इसलिए सरकार ने प्राकृती खेती पर बल दिया है, नेच्रल फार्मिंग पर बल दिया है।
43:57जिन लोगों ने नेच्रल फार्मिंग पर प्रयोक किये हैं, बहुत सफल रहे हैं।
44:03एक गाए, एक गाए, तीस एकड़ भूमी में नेच्रल फार्मिंग के लिए सफिशट खाद दे जेती हैं।
44:13कोई केमिकल की रिक्वार्बर नहीं होती है।
44:17यहाँ आज आपकी डिबेट में बहुत से ऐसे विशे निकले होंगे।
44:21और इसलिए मैं सभी किसानों से अगरे करूंगा।
44:24कि हम केमिकल फ्री रसायनों से मुक्त खेच्टी की चरफ चलें।
44:36मैं आपको और्गिनिक फार्मिंग की बात नहीं कर रहा हूं।
44:41मैं नेचरल फार्मिंग की बात कर रहा हूं।
44:46और यह हर किसान सहत्तां से कर सकता है।
44:51हम केमिकल से मुक्त हम अपनी जमीन को बचाने के लिए कदम उठा सकते हैं।
45:00यह जरूरी है कि वो सिर्फ गेहूं, चावल और गन्ने।
45:07मैं दुबारा कहता हूं किसान भाईयों को।
45:11गेहूं, चावल और गन्ने जैसी पारंपरीक फसलों पर निर्भर न रहें।
45:27इसलिए सरकार अन्य फसलों पर और खेती से जुड़े अन्य कारियों पर भी बल दे रही है।
45:42आज भारत हर साल चार लाग करोड रुपे से ज्यादा का अगरिकल्चर एक्सपोर्ट कर रहा है।
45:59और ये पैसा हमारे किसानों की आई बढ़ा रहा है।
46:25and what happens now to Jensen Huang and what happens to NVIDIA, that story and lots more coming up.
46:31Welcome back, what a fall from grace and from top of the AI food chain for Jensen Huang.
46:38So he's stepped down as the CEO and President of NVIDIA, the Chief Financial Officer, she's taken over as the
46:47interim CEO, of course the hunt is on, for the full-time CEO of NVIDIA.
46:52And there are many questions around NVIDIA being raised right now across the world, but as Jensen Huang step down,
47:00as investigations intensify into an alleged espionage or sexpionage as it's being called in the United States,
47:07there's another story that's making the headlines.
47:09Reports of a third affair, again with another senior employee of NVIDIA.
47:16Now details are still sketchy, not yet out in public domain, but there are apprehensions that there could be other
47:24skeletons that could tumble out of Jensen Huang's closet.
47:28Take a look at this report.
47:32He built NVIDIA into the powerhouse of the artificial intelligence revolution, turned computer chips into one of the world's most
47:40valuable commodities and became the most influential executive in the global AI industry.
47:49But after 33 years at the top, Jensen Huang is out, ousted following revelations about multiple personal relationships, one of
47:58which has now triggered serious questions about China, American technology and national security.
48:04And the fallout is no longer confined to NVIDIA's boardroom.
48:10NVIDIA shares plunged as much as 14% after the news of Jensen's ouster before recovering some ground.
48:17Closing Thursday down 4.3%, more than $500 billion wiped off its market value since the scandal broke.
48:26The selling spread to EI-related companies, including Micron, Marvel and Coreweave.
48:31As investors confronted a question that had long been overlooked, can the world's most important AI chipmaker thrive without the
48:39man who built it?
48:41Chief Financial Officer Colette Kress has been named Interim CEO, but her immediate challenge is much bigger than steadying NVIDIA's
48:50share price.
48:50She must reassure investors, protect billions of dollars in AI investment in companies like OpenAI, XAI, Antropic, Intel, SSI, and
49:01convince customers that NVIDIA's technological dominance does not depend on one individual.
49:10At the heart of the controversy is Wong reported relationship with Alice Wong, a former executive at Singapore-based Megaspeed,
49:18a major buyer of NVIDIA chips that has faced scrutiny over possible diversion of restricted American technology to China.
49:26The Justice Department is examining potential export control violations, while questions have also emerged about whether Alice Wong had links
49:34to Chinese intelligence.
49:37But American authorities have not yet established that she was a spy, and both NVIDIA and Megaspeed have denied wrongdoing.
49:45So you assume that DOJ learns that she is in fact a spy. I'm not, nobody said that. I certainly
49:52haven't said that.
49:53And I don't, all I said a minute ago and all that I think I will say is that of
49:58course DOJ is an investigator looking at it.
50:00So I, there's no, there's no conclusions reached by the Department of Justice or by me or by Director Patel
50:05around who she is or is not.
50:08I don't have concerns with the Commerce Department. I don't. We have a good relationship with the Commerce Department.
50:12I've read some of the stories, which, you know, are sourced or not sourced. And so I don't have any,
50:19but no, I don't have, the answer to your question is no, I don't have any, I don't have any
50:22concerns.
50:23The distinction is crucial because while the espionage allegations remain unproven, the investigation into possible chip diversion could have consequences
50:32for the entire global AI supply chain.
50:34Is one GPU. The political fallout is gathering pace in Washington, where Democrats are demanding answers about whether sensitive American
50:44technology may have reached China and whether national security was compromised.
50:49It was the right thing to do. Now we have to get to the bottom of whether America's national security
50:56has been compromised.
50:57We need a classified briefing made available to members of Congress as it relates to the NVIDIA situation and to
51:05the extent that our national security has been compromised.
51:09The American people deserve answers and we're going to work to make sure that happens.
51:15With Congressional scrutiny expected to intensify, NVIDIA now faces the prospect of tougher export restrictions, more aggressive oversight and potential
51:25greater limitations on its access to the Chinese market.
51:29And that could also deliver a major blow to Chinese AI developers, many of whom still depend on American chips
51:36to power their most advanced systems.
51:39Meanwhile, U.S. President Donald Trump added his own unexpected twist to NVIDIA's succession drama, publicly suggesting that former Apple
51:48chief Tim Cook take over the chip maker.
51:51Calling both men legends, Trump's intervention has thrown another spotlight on a company already under intense political and investor scrutiny.
52:01For Huanglis and NVIDIA, the immediate priority is stability.
52:05But the long-term challenge is whether it can preserve the business empire, its dynamic founder and former CEO created,
52:13including its closely interconnected investments, customers and partnerships across the AI industry.
52:20Rivals AMD, Intel and Broadcom could see an opening, while investors will be watching whether customers reconsider their dependence on
52:29NVIDIA and whether Washington's next moves disrupt the global chip trade.
52:37Bureau report, Business Today Television.
52:41We'll continue to track developments on the story very closely, but that is all I have for you on this
52:46India First special broadcast.
52:48Many thanks for watching. News and updates continue on India Today. Stay with us.