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Bangladesh overtakes India in per capita GDP: IMF

Being objective is when you have proof and information and can refute something.

If Modi f*cked up your economy and put it in the tank, it is clear to everyone what happened.

If you have counterpoints then stop posting kanjoosi own-liner soundbites.

Your posts don't deserve more than one liners. i need to be efficient with my life.
 
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Being objective is when you have proof and information and can refute something.

If Modi f*cked up your economy and put it in the tank, it is clear to everyone what happened.

If you have counterpoints then stop posting kanjoosi own-liner soundbites.

If you are talking about kanjoosi you should read this news :rofl:
 
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GDP percapita is just a measure of final goods and services produced, partly consumed and rest exported per person in a year in the country.

Clearly Bangladesh must be producing textiles and I don't know what else to have this higher per capita GDP. You govt revenue is not anywhere near India. Your consumption too is not. Your exports per capita are also low compared to India. Your saving rate of 30% is just about same as India. Your stock market is not even worth mentioning. I am guessing may be real estate is a big play in Bangladesh. And also the inflation, by which products will be costlier, you could be using more money to buy same product than in India. Other than that there is no explanation.

Higher per capita unaccompanied by higher consumption is useless.
Inflation and prices in Bangladesh must have been lower than India due to smaller economy and smaller number of metropolitan cities
 
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Inflation and prices in Bangladesh must have been lower than India due to smaller economy and smaller number of metropolitan cities

Probably. But their biggest advantage is that they have controlled their population and a govt that has kept economic prosperity on a high pedal.
 
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Probably. But their biggest advantage is that they have controlled their population and a govt that has kept economic prosperity on a high pedal.
Advantage is an advantage and achievement is an achievement.

Bangladesh is doing very well economically specially in terms of exports.

We must acknowledge it. However bangladesh needs to diversify from textile as well specially on local economy as well.
 
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Advantage is an advantage and achievement is an achievement.

Bangladesh is doing very well economically specially in terms of exports.

We must acknowledge it. However bangladesh needs to diversify from textile as well specially on local economy as well.

yes. They have done very well. Their exports should move beyond textiles if they need to sustain it. But for a small country what companies like Walton are doing is is quite notable. This story will be interesting.
 
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Inflation and prices in Bangladesh must have been lower than India due to smaller economy and smaller number of metropolitan cities
Bangladesh inflation and prices are actually way higher. Infact Bangladeshis flood to Kolkata in India because prices here is about half than in Bangladesh.
 
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Bangladesh inflation and prices are actually way higher. Infact Bangladeshis flood to Kolkata in India because prices here is about half than in Bangladesh.
Any data to support your argument. Usually people move from low inglation areas to high inflation not the other way around as they will get higher value in high inflation areas for the same services. For example people go from india and pakistan to dubai europe and usa not the other way around.
 
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Any data to support your argument. Usually people move from low inglation areas to high inflation not the other way around as they will get higher value in high inflation areas for the same services. For example people go from india and pakistan to dubai europe and usa not the other way around.

“We used to buy medicines for three-four months, everytime. Now we have to rely on third parties to bring the medicines. The cost is double than the usual cost ofTk30,000 -- for medicines for three months,” said Borhan.

Shanaz Afrin, who owns an online shop, said for the last 10 years, her family has been visiting Kolkata twice a year for the purpose of shopping and travelling. The price of sarees is half in Kolkata than in Bangladesh, based on which she opened an online shop to sell products of Kolkata.

“But I am in trouble too,” she added.

Kolkata markets deserted for lack of Bangladeshi visitors


Consumer Prices in India are 25.89% lower than in Bangladesh
Consumer Prices Including Rent in India are 20.73% lower than in Bangladesh
Rent Prices in India are 17.46% higher than in Bangladesh
Restaurant Prices in India are 14.45% lower than in Bangladesh
Groceries Prices in India are 17.80% lower than in Bangladesh
Local Purchasing Power in India is 94.91% higher than in Bangladesh

Cost of Living Comparison Between Bangladesh and India Reverse

@DalalErMaNodi There is a supply side constraint in Bangladesh which results in inflation. People choosing to get more value for money doesn't make them morons. And don't worry as more and more people get rich, more will travel directly to India, and more will become morons.

@The Accountant You clearly lack the understanding of inflation. India has higher inflation than USA. And Bangladesh has higher inflation than India. I think you meant higher income.
 
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If you are talking about kanjoosi you should read this news :rofl:

Not only this - they haven't paid us transit fees owed for three years now (crores of Rupees), and now asking for discount on that.

Further - they asked for reduction in charges for bandwidth exported to India, which they haven't paid either.

Kanjoos-e-Makkhichoos! :lol:
yes. They have done very well. Their exports should move beyond textiles if they need to sustain it. But for a small country what companies like Walton are doing is is quite notable. This story will be interesting.

Walton HiTech is the second largest capitalized firm in Bangladesh at 26,000 crore Taka. I would not call them small. And this is just ONE DIVISION of that conglomerate....
Advantage is an advantage and achievement is an achievement.

Bangladesh is doing very well economically specially in terms of exports.

We must acknowledge it. However bangladesh needs to diversify from textile as well specially on local economy as well.

The level of diversification is increasing as it has for the last decade or so.

Bangladesh has active export sectors in Pharma, Ceramics, kitchen/household electrics, cellphone/electronics, IT services and Shipbuilding.

These sectors are separate and distinct from FDI-led industrialization in SEZ's, of which there are a dozen large ones already. In total one hundred are planned by the govt. and more than two dozen by the private sector. A large number have already gone into operations.
 
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Not only this - they haven't paid us transit fees owed for three years now (crores of Rupees), and now asking for discount on that.

Further - they asked for reduction in charges for bandwidth exported to India, which they haven't paid either.

Kanjoos-e-Makkhichoos! :lol:


Walton HiTech is the second largest capitalized firm in Bangladesh at 26,000 crore Taka. I would not call them small. And this is just ONE DIVISION of that conglomerate....
Lol. Even start ups in India are bigger than that. There are 140 companies listed on BSE bigger than that.

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You clearly lack perspective when you talk about the great Walton company.
 
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