55% GDP Overstated! Top Economist Exposes Economic Breakdown | Kushal Lodha #45

In this episode of Konversation With Kushal, host Kushal Lodha sits down with Professor Arun Kumar (retired Professor of Economics at JNU & author of The Black Economy in India) to unpack black money, demonetisation, and GDP measurement. Key Frameworks Discovered: 1-Structural Round-Tripping: How unaccounted income moves abroad through trade misinvoicing and returns as legitimate investment. 2-Informal Sector Measurement: The methodology gaps that cause official metrics to misestimate the true size of the economy. 💡 Don’t forget to like, share, and subscribe for more deep dives with top economists and investors! #ArunKumar #BlackEconomy #demonetisation #IndianEconomy #GDPMeasurement #BlackMoney #kushallodha Follow Kushal Lodha on Social Media: 📝 LinkedIn:   / kushallodha548   📷 Instagram:   / kushallodha548   📱 Twitter:   / kushallodha548   Follow guest on Social Media: 📝 LinkedIn:   / arun-kumar-13946a6   Timestamp: 00:00:00 Intro 00:02:48 Who is Prof. Arun Kumar? 00:03:15 Books by Prof. Arun Kumar 00:04:24 What is Black Economy? 00:07:32 Black Income vs Black Wealth 00:14:36 Black Economy's Share in GDP 00:21:12 4 Types of Economic Growth 00:22:29 What is ICOR Ratio? 00:27:25 State of Indian Education 00:30:10 India vs China and US on R&D 00:33:19 Problem with Education in India 00:38:28 How Black Economy Affects You? 00:39:05 Sectors with Highest Black Money 00:41:21 Politician Interview Insights 00:46:44 Penny Stocks and Black Economy 00:49:20 LTCG Effect on Market Manipulation 00:56:45 Actual GDP of India 01:07:30 Why are Women Leaving Workforce? 01:08:50 4 Types of Unemployment 01:10:07 Gender Wage Disparity in India 01:17:50 North-South Divide 01:20:34 High Value Notes and Black Money Impact 01:28:04 Is Demonetisation a Failure? 01:32:04 What Would He Do if He Were PM? 01:36:06 Rapid Fire 01:40:24 Most Corrupt Country 01:41:08 What Would Prof. Arun Ask Himself? 01:42:31 Conclusion & Outro