Big Indian investors likely to visit Bangladesh next month-IBCCI president

[CaPtAiN_pLaNeT]

whats gonna happen in next 5 years?? a fairy gonna wave her wand and turn bd into singapore?? lol..you guys dream too much..dont forget you are still counted as poor country with GDP per capita of 600 USD !! dream in your limits

Per capita gdp is 818 usd with 1995 as the base year. Next year it will be updated to 2005 base year which will give substantial boost to the per capita gdp. N by 2017 bangladesh is expecting to have 10% gdp growth which india yet have not achieved. Do not forget your india is also one of the poorest country in the world with 1/3 poor people of the world and more poor people then the sub saharan people combined. N in india even you have poor region like bihar which has condition even worse then the sub sahara africa. This is not the case with bd. The difference between rich and poor is not that high like India which has more % of poor people then Bangladesh (37% vs 31%).

 

[Zabaniyah]

Even in 1975 bangladesh had higher per capita gdp then India... n if you look up to 1992 both had almost same per cpita gdp. Just wondering what went wrong for bangladesh after that... lack of vision, not doing enough reform, not tried to invest in power and infra... ??? whats your opinion. The country which even have stolen furniture and tiles from bangladesh now giving lecture that they are just like someone from mars.

They lost vision of what their founders had in mind.

Right now, their main concern is how to fill up their Swiss bank accounts. They just lost it.

Power is a big issue in Bangladesh at the moment. There was even an MoU signed with Russia over a nuclear power plant, but I doubt if it's ever actually going to be built soon.

They can't even maintain bridges, and they are talking about setting up nuclear power plants

The only promising thing I can see are that some private companies like Summit Power are investing in power projects. But, that has its limitations.

But from GoB? Nothing for the time being.

The only way forward: Remove the two women along with their entire family connections.

 

[danger007]

Per capita gdp is 818 usd with 1995 as the base year. Next year it will be updated to 2005 base year which will give substantial boost to the per capita gdp. N by 2017 bangladesh is expecting to have 10% gdp growth which india yet have not achieved. Do not forget your india is also one of the poorest country in the world with 1/3 poor people of the world and more poor people then the sub saharan people combined. N in india even you have poor region like bihar which has condition even worse then the sub sahara africa. This is not the case with bd. The difference between rich and poor is not that high like India which has more % of poor people then Bangladesh (37% vs 31%).

day dreamers....you have 1700$ Per capita . , Bihar's state GDP recorded a growth of 18% between 2006–2007, and stood at 94251 Crores Rupees ($21 billion nominal GDP). Between a 5 year period of 2004-2009, Bihar's GDP grew at a stunning rate of 11.03%.

 

[CaPtAiN_pLaNeT]

They lost vision of what their founders had in mind.

Right now, their main concern is how to fill up their Swiss bank accounts. They just lost it.

Power is a big issue in Bangladesh at the moment. There was even an MoU signed with Russia over a nuclear power plant, but I doubt if it's ever actually going to be built soon.

They can't even maintain bridges, and they are talking about setting up nuclear power plants

The only promising thing I can see are that some private companies like Summit Power are investing in power projects. But, that has its limitations.

But from GoB? Nothing for the time being.

The only way forward: Remove the two women along with their entire family connections.

just 1 thing.. do you know that summit power is own by gowher rizvi or it is his family business... under this circumstances how much good work you can expect from it???

 

[Zabaniyah]

just 1 thing.. do you know that summit power is own by gowher rizvi or it is his family business... under this circumstances how much good work you can expect from it???

lol, no!

The company's chairman is Aziz Khan. He is a good man, not a politcian and judging from their office, it is a good company. I met him once.

They have an ongoing project in Sylhet.

 

[CaPtAiN_pLaNeT]

day dreamers....you have 1700$ Per capita . , Bihar's state GDP recorded a growth of 18% between 2006–2007, and stood at 94251 Crores Rupees ($21 billion nominal GDP). Between a 5 year period of 2004-2009, Bihar's GDP grew at a stunning rate of 11.03%.

Stop all these farting... I was talking about nominal gdp... n bihar's nominal per capita gdp is around 20069 rupee which is about 422 usd... a very low amount even below then many sub saharan african country.

Interview: Over 10 mln people in Bangladesh benefit from UNDP activities

About 31.5 percent of population in the country are still living below the poverty line with less than one U.S. dollar income a day, according to the latest Household Income and Expenditure Survey of Bangladesh, a nation of over 150 million people whose per capita annual income is about 818 U.S. dollars.

GDP growth rate targeted at 8.0pc by 2013: President

He said the government has set a target to raise the GDP growth rate to 8 per cent in 2013, 10 per cent in 2017 and maintaining the trend up to 2021 for transforming Bangladesh into a middle-income country.

For India...

It's official: 37 pc live below poverty line - India News - IBNLive

Which part of my post is day dreaming???

 

[danger007]

Stop all these farting... I was talking about nominal gdp... n bihar's nominal per capita gdp is around 20069 rupee which is about 422 usd... a very low amount even below then many sub saharan african country.

Interview: Over 10 mln people in Bangladesh benefit from UNDP activities

About 31.5 percent of population in the country are still living below the poverty line with less than one U.S. dollar income a day, according to the latest Household Income and Expenditure Survey of Bangladesh, a nation of over 150 million people whose per capita annual income is about 818 U.S. dollars.

GDP growth rate targeted at 8.0pc by 2013: President

He said the government has set a target to raise the GDP growth rate to 8 per cent in 2013, 10 per cent in 2017 and maintaining the trend up to 2021 for transforming Bangladesh into a middle-income country.

For India...

It's official: 37 pc live below poverty line - India News - IBNLive

Which part of my post is day dreaming???

Poverty is still rampant in India. There are 22.15% people living under the poverty line in India according to a 2004-2005 survey by NSSO. The estimate was based on monthly consumption of goods, daily wages, self employment and landless laborers. However Economic growth and positive commercial developments have served to reduce poverty substantially over the years in India.

The causes of poverty in India are its high population growth rate, agrarian form of economy, primitive agricultural practices, illiteracy, ignorance, unemployment, underemployment, caste based politics, urban rural divide, social iniquity and discrimination. One third of the Indian population has emerged from the squalor of poverty in recent year’s inspite of the above factors.

The issue of urban poverty in India can be best expressed with the term pseudo urbanization. Pseudo urbanization is a state when a city is unable to contain its populace in terms of providing livelihood, housing and infrastructure. This is mainly due to the vast and continuous immigration of the rural poor into urban areas. Immigration creates a shortage of resources in the cities. Urban poverty in India and other third world countries has resulted in the formation of large slums and shanty towns.

Indian government has launched various plans to eradicate poverty in India since 1950. For the problem of poverty in India, solutions have been found with some success in recent times. A very good example of this is the civic drive to make the poor self sufficient for the three basic requirements of food, clothing and shelter. The most successful part of the scheme has been food rationing, which has made food available to the poor at controlled prices.

Crusades like ‘national employment program’ and ‘food for work’ initiatives have done much to harness the unemployed as productive beings. Another anti poverty program in recent times, which has won much acclaim, is the ‘rural landless employment guarantee program’. This was drafted in 1983 to target the rural poor for employment and economic rehabilitation.

The eradication of poverty in India has still to go a long way. Poverty solutions in India are expected to make better progress with many programs set up for their upliftment.
Globalization and privatization have also widened the rich poor gap with the rich becoming richer and the poor becoming poorer. The constant rising inflation has made life tuff for the weaker sections of the society and forces them into child labor. Though povery reduction programs have not failed, it still requires a lot of effort on the part of the government to make the poor people self sufficient. It os not just important to help the needy people wityh money and shelter, but the government needs to provide them with jobs so that they can have a steady income. The figures for poverty show that the economic prosperity has indeed been in India, but the distribution of wealth is not at all even.

 

[CaPtAiN_pLaNeT]

Poverty is still rampant in India. There are 22.15% people living under the poverty line in India according to a 2004-2005 survey by NSSO. The estimate was based on monthly consumption of goods, daily wages, self employment and landless laborers. However Economic growth and positive commercial developments have served to reduce poverty substantially over the years in India.

The causes of poverty in India are its high population growth rate, agrarian form of economy, primitive agricultural practices, illiteracy, ignorance, unemployment, underemployment, caste based politics, urban rural divide, social iniquity and discrimination. One third of the Indian population has emerged from the squalor of poverty in recent year’s inspite of the above factors.

The issue of urban poverty in India can be best expressed with the term pseudo urbanization. Pseudo urbanization is a state when a city is unable to contain its populace in terms of providing livelihood, housing and infrastructure. This is mainly due to the vast and continuous immigration of the rural poor into urban areas. Immigration creates a shortage of resources in the cities. Urban poverty in India and other third world countries has resulted in the formation of large slums and shanty towns.

Indian government has launched various plans to eradicate poverty in India since 1950. For the problem of poverty in India, solutions have been found with some success in recent times. A very good example of this is the civic drive to make the poor self sufficient for the three basic requirements of food, clothing and shelter. The most successful part of the scheme has been food rationing, which has made food available to the poor at controlled prices.

Crusades like ‘national employment program’ and ‘food for work’ initiatives have done much to harness the unemployed as productive beings. Another anti poverty program in recent times, which has won much acclaim, is the ‘rural landless employment guarantee program’. This was drafted in 1983 to target the rural poor for employment and economic rehabilitation.

The eradication of poverty in India has still to go a long way. Poverty solutions in India are expected to make better progress with many programs set up for their upliftment.
Globalization and privatization have also widened the rich poor gap with the rich becoming richer and the poor becoming poorer. The constant rising inflation has made life tuff for the weaker sections of the society and forces them into child labor. Though povery reduction programs have not failed, it still requires a lot of effort on the part of the government to make the poor people self sufficient. It os not just important to help the needy people wityh money and shelter, but the government needs to provide them with jobs so that they can have a steady income. The figures for poverty show that the economic prosperity has indeed been in India, but the distribution of wealth is not at all even.

Why you are going to 2004-2005... this 37% figure has been accepted in 2010 by indian government... go through the link...

It's official: 37 pc live below poverty line - India News - IBNLive

Even though many has criticized it as a gross underestimation of poverty as some other report had said that 50% and even 77% of the indian live below poverty line.

 

[danger007]

The 2005 Household Survey found that 40% of the population was below the 2122 calorie threshold. This compares with 59% in 1991, the baseline year for the poverty MDG in Bangladesh.

Bangladeshi woman and child
Bangladeshi woman and child © Shahidul Alam/Drik / New Internationalist
Prospects for achieving the Goal of halving this figure to 29% by 2015 may have been set back by events since 2005. In addition to external shocks relating to food prices and global economic recession, Bangladesh has suffered a sequence of natural disasters, notably Cyclone Sidr in 2007.

The country’s measure of poverty is so sensitive to the price of food that the Centre for Policy Dialogue, a Dhaka think-tank, has estimated that the increase in food prices in 2007/08 added 8.5% of the population to the ranks of the poor.

The profile of poverty in Bangladesh is uneven, the most severe deprivation being found in the southern coastal belt and in the northern monga regions prone to seasonal food shortages.

The capital, Dhaka, is believed to be the fastest expanding and most densely populated of the world’s major cities. In common with other Bangladeshi cities, informal slum areas accommodate as much as a third of the urban population, imposing a new and challenging dimension for poverty reduction.

Since the 2007 crisis, the government has responded with increasingly robust expenditure on a wide range of cash and food-based social safety net schemes.

However, inefficiencies of bureaucracy and corruption have jeopardised the targeting of this spending. As few as 13% of the poorest households may be in receipt of benefits intended for their welfare.

In an unprecedented acknowledgement of its shortcomings, the government devoted the opening chapter of its 2009 MDG Progress Report to the subject of “Democratic Governance and Human Rights.” And the current National Strategy for Accelerated Poverty Reduction (2009-2011) concedes that “unless governance improves, poor people will continue to suffer.”

---------- Post added at 01:18 AM ---------- Previous post was at 01:18 AM ----------

Poverty in India | Facts About India

---------- Post added at 01:20 AM ---------- Previous post was at 01:18 AM ----------

Bangladesh Poverty, a OneWorld briefing

 

[CaPtAiN_pLaNeT]

The 2005 Household Survey found that 40% of the population was below the 2122 calorie threshold. This compares with 59% in 1991, the baseline year for the poverty MDG in Bangladesh.

Bangladeshi woman and child
Bangladeshi woman and child © Shahidul Alam/Drik / New Internationalist
Prospects for achieving the Goal of halving this figure to 29% by 2015 may have been set back by events since 2005. In addition to external shocks relating to food prices and global economic recession, Bangladesh has suffered a sequence of natural disasters, notably Cyclone Sidr in 2007.

The country’s measure of poverty is so sensitive to the price of food that the Centre for Policy Dialogue, a Dhaka think-tank, has estimated that the increase in food prices in 2007/08 added 8.5% of the population to the ranks of the poor.

The profile of poverty in Bangladesh is uneven, the most severe deprivation being found in the southern coastal belt and in the northern monga regions prone to seasonal food shortages.

The capital, Dhaka, is believed to be the fastest expanding and most densely populated of the world’s major cities. In common with other Bangladeshi cities, informal slum areas accommodate as much as a third of the urban population, imposing a new and challenging dimension for poverty reduction.

Since the 2007 crisis, the government has responded with increasingly robust expenditure on a wide range of cash and food-based social safety net schemes.

However, inefficiencies of bureaucracy and corruption have jeopardised the targeting of this spending. As few as 13% of the poorest households may be in receipt of benefits intended for their welfare.

In an unprecedented acknowledgement of its shortcomings, the government devoted the opening chapter of its 2009 MDG Progress Report to the subject of “Democratic Governance and Human Rights.” And the current National Strategy for Accelerated Poverty Reduction (2009-2011) concedes that “unless governance improves, poor people will continue to suffer.”

---------- Post added at 01:18 AM ---------- Previous post was at 01:18 AM ----------

Poverty in India | Facts About India

---------- Post added at 01:20 AM ---------- Previous post was at 01:18 AM ----------

Bangladesh Poverty, a OneWorld briefing

Poverty rate now 31.5pc

The poverty rate of Bangladesh dropped to 31.5 per cent in 2010, reflecting an 8.5 percentage point decline in the last five years, a top official of the ministry of planning said quoting the latest Household Income and Expenditure Survey (HIES).


?????

 

[danger007]

no need to reply trolls

 

[CaPtAiN_pLaNeT]

Recommendations of N.C. Saxena Committee : Official Poverty Estimates In India



The Planning Commission is the nodal agency in the Government of India for estimation of poverty at the National and State levels. As per latest official poverty estimates for the year 2004-05, the total number of persons living below poverty line (BPL) for the year 2004-05 is 301.7 million accounting for 27.5% of the total population. The Planning Commission in December, 2005 constituted an Expert Group under the Chairmanship of Prof. Suresh D. Tendulkar to review alternate concepts of poverty and to recommend changes in the existing procedure used for official estimates of poverty. The Tendulkar Committee submitted its report in December, 2009 and recommended the Mixed Reference Period (MRP) equivalent Poverty Line Basket (PLB) corresponding to urban poverty ratio of 25.7% at all India level as the new reference PLB. This new reference PLB has been applied to rural as well as urban population in all the States. The resulting estimate of the all-India rural poverty head count ratio for 2004-05 was placed at 41.8 percent, urban poverty head count ratio at 25.7 percent and 37.2 percent at all-India level which accounts for 407.6 million persons. The poverty lines for rural and urban areas based on per capita consumption expenditure of Rs.446.68 and Rs.578.80 per month respectively for the year 2004-05 recommended by the Tendulkar Committee have been accepted by the Planning Commission.

Dr. N.C. Saxena Committee was set up by the Ministry of Rural Development to advise it on the suitable methodology for BPL Census and not for estimation of poverty. However, in the Report submitted by the Expert Group on 21st August 2009 it is mentioned that the percentage of people entitled to BPL status should be revised upwards to at least 50%. The committee has suggested proportionate increase in the state level poverty estimates also.

The recommendations of the Expert Group and other alternative methodologies are being tested through a pilot socio-economic survey and a Participatory Rural Appraisal (PRA) exercise in order to finalize the methodology for the final BPL Census.

This was informed by the Minister of State for Rural Development Shri Pradeep Jain ‘Aditya’ in written reply to a question in Lok Sabha

Recommendations of N.C. Saxena Committee : Official Poverty Estimates In India « India Current Affairs

Are you a brain dead ... have not you seen... what the report said.... The new report accepted 37% of the indian are below poverty line.. which is 10% increase then the earlier estimation...

It's official: 37 pc live below poverty line - India News - IBNLive

Uncertainty over the number of people who will benefit from the proposed food security law has been lifted. The Planning Commission has accepted the Tendulkar Committee report which holds 37 per cent of people in India below the poverty line, an increase of 10 per cent.

For your convenience watch the tv report...

The above data is based on government data not just based on any random survey...

 

[nForce]

@ Once Bangladesh was part of Pakistan our living standard and GDP growth was much much higher than India.

@ After the liberation war Indian Army took many things including industrial machinaries and thus crippled our industries. After withdral of the army, they now started to cripple our economy by smuggling and printing fake notes and pushing them inside Bangladesh.

@ After next 5 years we will see you again where India stands !!!!!!

The GDP of Mumbai alone is higher than Dhaka and Karachi combined...What does this prove?? What does it matter?Do you have an iota of idea about what does this indicator mean?
Comparing the GDP of a portion of a country with an entire country is like comparing apples with oranges.Anyways,come up with some sources proving your claim.

Secondly,either you are terribly misinformed,or you just made up that story about Indian army stealing farm machinery for some late night amusement of ours...Can you provide some sources for that?
And fake notes and that too for Bangladesh?? I must ask at this point,"How old are you??"...I should ask at this point,stop those beggars from crossing in to Indian side of the territory...

Thirdly,please stop acting Nostradamus over here.If you have some facts to show,you are welcome.

 

[danger007]

Are you a brain dead ... have not you seen... what the report said.... The new report accepted 37% of the indian are below poverty line.. which is 10% increase then the earlier estimation...

It's official: 37 pc live below poverty line - India News - IBNLive

Uncertainty over the number of people who will benefit from the proposed food security law has been lifted. The Planning Commission has accepted the Tendulkar Committee report which holds 37 per cent of people in India below the poverty line, an increase of 10 per cent.

For your convenience watch the tv report...

The above data is based on government data not just based on any random survey...

i can post how many dbum @$$ people illegally(BD) step in to India,,,. mind your language...... more on. its my mistake to talk with illiterate people.

 

[nForce]

That was known as east pakistan but it had a gdp along with per capita gdp...separated from west pakistan. Up to then bangladesh had not only higher per capita gdp then India but also higher then China.

Current US$ (per Capita) > GNI statistics - countries compared worldwide - NationMaster

Bangladesh is at 178, China 181 and India 183 on the list... see it by yourself from the link.

He...I think GNI stands for gross national income.
So,there cannot be a GNI for East Pakistan separately,isnt it?the same way there cannot be a separate GNI for Kolkata or Kerala.