Citi: GDP growth gathers pace

[Bilal9]

Guys lets not devolve every thread into phallus measuring contests....there's really no point..

The whole subcontinent is basically in the same boat compared to developed countries....

 

[Species]

Guys lets not devolve every thread into phallus measuring contests....there's really no point..

The whole subcontinent is basically in the same boat compared to developed countries....

The overall picture of the subcontinent is doomed because of poor conditions of India
http://www.deccanherald.com/content/331028/india-one-worst-places-born.html
India one of the worst places to be born
https://www.theguardian.com/comment...unted-growth-unsanitary-conditions-50-million
India’s poor sanitation is damaging millions of children. There’s no excuse
http://www.indiatimes.com/news/indi...not-even-get-diagnosed-or-treated-258571.html
Over 50 Million People Live With Mental Disorders In India, Most Will Never Even Know They Are Sick
http://qz.com/379978/indias-preference-for-sons-has-created-a-nation-of-tiny-people/
India’s preference for sons has created a nation of tiny people
http://www.thehindubusinessline.com...istan-oxford-varsity-study/article6120424.ece
India is poorest in South Asia after Afghanistan: Oxford varsity study
http://qz.com/562578/indias-middle-class-is-actually-the-worlds-poor/
India’s middle class is actually the world’s poor

 

[Nilgiri]

Bangladesh has one of the largest number of graduates, 10% of the population according to WEF. http://reports.weforum.org/human-capital-report-2016/economies/#economy=BGD

Same WEF that reports much more terrible employment patterns in Bangladesh....thus illustrating the quality of Bangaldesh education overall if thats the pattern in place with 10% graduates in the population.

From WEF:

Skilled employment share: India: 14.6% Bangladesh: 6.3%

Medium-skilled: India: 73.4% Ban: 53%

I mean what is counted as a graduate is also a big question....certainly probably something quite low threshold given that only 6% of Bangladeshis find themselves in skilled employment.....and almost 40% in low skilled or no-skilled employment (compared to 12% for India).

Your video is from 2011 and Bangladesh became open defecation free in 2015. My videos about India are from 2014 and 2016 they are not outdated. This is why Bangladesh has higher life expectancy than India.

They use old data for India. Its well established by WHO that sanitation access does not necessarily mean sanitation useage. Though in India's case, NSSO has shown that the transfer rate of access to use is pretty high around 96 - 99%...and I would expect it to be similar in Bangladesh.

India is actually incorporating a lot of the success Bangladesh (and many parts of South India, Sri Lanka etc) have had with sanitation....to vastly improve the situation in the areas where the average is pulled down by typically underdeveloped areas in the north.

According to the NSSO, it has increased around 10 - 15% in the space of just one year....and will probably further accelerate in years to come.

It is not the only link to life expectancy since India has higher life expectancy than Pakistan, but Pakistan has better sanitation access rate. But Indian life expectancy will definitely improve as a result of it in addition to the improvements it is already getting.

It will definitely help the child stunting problem a lot.

And since you posted a video of child stunting in India, let me refer you to the latest data for both countries:

http://data.unicef.org/nutrition/malnutrition.html

From the dataset from 2014 (latest available year):

For stunting: India was around 38% of children and Bangladesh around 36%

For underweight: India was around 29% and Bangladesh around 33%

I will obviously trust the international media over Indian statistics agencies because they are wellknown for fudging the data.

It is Bangladesh survey in the database link I have given that is "pending re-analysis" according to WHO....no such thing for India.

That speaks volumes by itself.

 

[Arthur]

I wasn't negative.... until recently... I have moved to Bangladesh before and studied 3-4 years in Bangla medium too. What I am saying is there are many Bangladeshis who struggle in their education field once they go to a foreign country. Not in all scenarios... but mostly. Like last time someone couldn't write down Newton's third law... like seriously. And mostly the classes in Bangladesh on physics is done on theory and little maths solution... and no derivations of any sort. Same students appearing for exams in foreign countries and they struggle... fail like 2 times.

My point is education system is bangladesh has been made too unnecessary and complex. Which isn't helping any students. Be it intelligent ones or the weak ones. I suggest adopting complete CBSE curriculum... though their syllabus is extremely difficult and pattern is too straining on a student compared to IGCSE.... students come off very talented...

---

Btw how is Germany? I got accepted their but then had to sign up for a language course that would take 2 years and I had to get around 7.0. So I didn't go ahead because for the uncertainty. Anyways what do you do for a living?

I was talking more with the line with your comment on speaking English. Again nothing to do with anything. I don't even remember newton's first law.

And many of them suffers, cuz they have to support themselves economically, while studying. Complete opposite of BD,with $90-100 in BD a undergrad student can live very comfortably and he can study in his mother toung, no big deal. In Europe, you have to earn atleast 400- 500 euro per month to support yourself, in cities like Heidelberg or Munich monthly cost can be as much as 700-800 euros, many struggles to cop with this situation, hence to take some exams twice. except those lazy *** just wasting time. Not even mentioning the two complete opposite philosophy in work between the two system.

BD 's education system is just a overcrowded 200 year old structure, which needs a complete demolition and reconstructio. Here it takes lot of @ss burning to just pass the exams. And most students are just too concentrated on that. No time for translating the third law into English for them. Not to mention most of them come from poor families. It is hard to understand how privileged even the middle class is compared to them. Education is not only a one generation thing, it takes many generations for the results to sink in. No education system is perfect. It still costs western countries huge huge amount to hire foreign students and researchers to carry on their top level scientific researches despite having a very good education system. Anyways, I am not very interested in having a long serious debate about education system and various philosophy in work here on PDF.

Germany is great in truth. Best country for foreign students to be in. Language school can be tough, and pulling a bachelor degree with that much language skill can be brutal. We most of the time encourages students to come for master degree. Courses in English are available,no biggie. And you always get a world class education. But if you are not ready for a brutal six year of language school and bachelor degree taught entirely in German, you better not come after higher secondary. Chances for foreign medicine students are very very slim, competition is very fierce, again almost entirely taught in German. Prospect for IT/ICT/CSE/Engineering students are very very good,again come for master degree.

I currently work PR for a non-profit organisation.

 

[Nilgiri]

India is poorest in South Asia after Afghanistan: Oxford varsity study

Lol database year of 2005/06 for India and much more recent for the others.

Every single one of your links also refers to Bangladesh as well (and Bangladesh most of the time does worse).

Take poverty for instance. According to the world bank:

i.e India poverty rate was as low as 12% in year 2011.

Same year Bangladesh was around 40%.

When you compare across the same year, Bangladesh has much worse poverty.

BD 's education system is just a overcrowded 200 year old structure, which needs a complete demolition and reconstructio. Here it takes lot of @ss burning to just pass the exams. And most students are just too concentrated on that. No time for translating the third law into English for them. Not to mention most of them come from poor families. It is hard to understand how privileged even the middle class is compared to them. Education is not only a one generation thing, it takes many generations for the results to sink in. No education system is perfect. It still costs western countries huge huge amount to hire foreign students and researchers to carry on their top level scientific researches despite having a very good education system. Anyways, I am not very interested in having a long serious debate about education system and various philosophy in work here on PDF.

Well spoken and very true.

Germany is great in truth. Best country for foreign students to be in. Language school can be tough, and pulling a bachelor degree with that much language skill can be brutal. We most of the time encourages students to come for master degree. Courses in English are available,no biggie. And you always get a world class education. But if you are not ready for a brutal five year of language school and bachelor degree taught entirely in German, you better not come after higher secondary. Chances for foreign medicine students are very very slim, competition is very fierce, again almost entirely taught in German. Prospect for IT/ICT/CSE/Engineering students are very very good,again come for master degree.

What I really like in german education model is the excellent vocational study/skill/apprentice programs that have much private industry participation (from mittelstat especially).

I think it's a very key thing for more countries to incorporate....regular degrees are quite flawed in many cases in what your job will be compared to the debt you accumulate (esp outside of STEM).

I think a simple IQ test combined with a few other metrics is much better thing for most students (and then companies can select and train on the basis of that quickly and efficiently and introduce to workforce as quick as possible so the youth get real life work experience quickly)...and then you follow this up by continual training over the career as needed. 4 year dedicated university should be mostly STEM + medicine etc...based I believe...only the very best of arts, commerce and all the other things should get through.....getting a degree for the sake of having a 4 year degree is long term quite a bad thing as we are seeing in many countries in the developed world.

Thus I think developing world can direct and create new systems early on so they dont face the same problems down the road.

What do you think?

 

[Zabaniyah]

The government that forecasting a growth of 7.2% for the fiscal year 2017. For the same FY, Bangladesh Bank (with its statistical modelling) forecast a growth range of 7.1% to 7.3% average. World Bank and IMF forecast growth of 6.3% and 6.9% respectively - A remarkable difference between two global agencies.

Inflation is currently at safe levels.

Export levels are good. Though, Taka's real effective exchange rate had raised concerns regarding the competitiveness of exports. BB has some low-cost financing options like EDF (Exporters Development Fund) for input imports.

The government also has an incentive scheme for different sectors, and recently announced a new one:
http://www.thedailystar.net/business/new-incentives-way-boost-exports-37b-1269874
Goes on to show that they want to diversify exports.

Under the circumstances, it warned that the primary challenge lies in promoting investor confidence and thereby increasing import of capital stocks in productive sectors to take advantage of lower costs induced by exchange rate benefits, which will eventually help in easing appreciation pressure on Taka.

This is a real issue - Investor confidence.

Another issue which Citi didn't mention is the persistent growth of non-performing loans over the years, particularly in state-owned commercial banks. Though, BB has said that they will be taking measures in 2017. In SOCB's, it's pointless TBH. However, if they continue in the future ahead, they'll create problems.

BD 's education system is just a overcrowded 200 year old structure, which needs a complete demolition and reconstructio. Here it takes lot of @ss burning to just pass the exams. And most students are just too concentrated on that. No time for translating the third law into English for them. Not to mention most of them come from poor families. It is hard to understand how privileged even the middle class is compared to them. Education is not only a one generation thing, it takes many generations for the results to sink in. No education system is perfect. It still costs western countries huge huge amount to hire foreign students and researchers to carry on their top level scientific researches despite having a very good education system. Anyways, I am not very interested in having a long serious debate about education system and various philosophy in work here on PDF.

The education system has issues no doubt.

IMO, the one thing that they failed to exploit was the huge demand for skilled vocational jobs. If they did more to promote this sector and export such skills, it would have been hugly beneficial - Especially for poor families.

If everybody is going for a Bachelors in economics or something college equivalent studying some textbook and watching a professor teach himself, it is not sustainable for a society. There should be a need for good quality vocational education that produces skilled individuals.

 

[Nilgiri]

IMO, the one thing that they failed to exploit was the huge demand for skilled vocational jobs. If they did more to promote this sector and export such skills, it would have been hugly beneficial - Especially for poor families.

If everybody is going for a Bachelors in economics or something college equivalent studying some textbook and watching a professor teach himself, it is not sustainable for a society. There should be a need for good quality vocational education that produces skilled individuals.

If i could give you a positive rating...I would. Bang on the button here.

Developing countries like India and Bangladesh have to extricate themselves from this model of love affair with 4 year college degrees. Its turning into really bad news for developed countries (I know firsthand looking at the pool I have to judge on employability for my company sometimes). There is a golden opportunity for India, Bangladesh (since we still have not ventured down the road too far and can divert a bit more easily) and many other developing countries in focusing much more on vocational education (with strong private participation) along the lines of Germany and to a degree China.

 

[Michael Corleone]

What happened to you is that you got educated in Indian education system and could not cope up with the Bangladeshi education system which is far more competitive and complex. I'm not saying Bangladeshi education is good but I have many relatives studying abroad particularly in the west and doing pretty well in those countries. According to them most of the Bangladeshis who study abroad find it pretty easier there because of lesser competition and pressure.

Bangladeshi education system complex maybe but not as difficult as CBSE curriculum.... IGCSE students can't cope very well in it... and yes.... people who study in CBSE system find it a piece of cake in uni.... not very difficult then. We despise CBSE for straining us but then be grateful for the difficult syllabus which prepares us well for uni.

Ps. If CBSE was more relaxed or less better than Bangladeshi education system... Indians would not have been dominating in major fields in Europe America and Middle East.

I was talking more with the line with your comment on speaking English. Again nothing to do with anything. I don't even remember newton's first law.

And many of them suffers, cuz they have to support themselves economically, while studying. Complete opposite of BD,with $90-100 in BD a undergrad student can live very comfortably and he can study in his mother toung, no big deal. In Europe, you have to earn atleast 400- 500 euro per month to support yourself, in cities like Heidelberg or Munich monthly cost can be as much as 700-800 euros, many struggles to cop with this situation, hence to take some exams twice. except those lazy *** just wasting time. Not even mentioning the two complete opposite philosophy in work between the two system.

BD 's education system is just a overcrowded 200 year old structure, which needs a complete demolition and reconstructio. Here it takes lot of @ss burning to just pass the exams. And most students are just too concentrated on that. No time for translating the third law into English for them. Not to mention most of them come from poor families. It is hard to understand how privileged even the middle class is compared to them. Education is not only a one generation thing, it takes many generations for the results to sink in. No education system is perfect. It still costs western countries huge huge amount to hire foreign students and researchers to carry on their top level scientific researches despite having a very good education system. Anyways, I am not very interested in having a long serious debate about education system and various philosophy in work here on PDF.

Germany is great in truth. Best country for foreign students to be in. Language school can be tough, and pulling a bachelor degree with that much language skill can be brutal. We most of the time encourages students to come for master degree. Courses in English are available,no biggie. And you always get a world class education. But if you are not ready for a brutal six year of language school and bachelor degree taught entirely in German, you better not come after higher secondary. Chances for foreign medicine students are very very slim, competition is very fierce, again almost entirely taught in German. Prospect for IT/ICT/CSE/Engineering students are very very good,again come for master degree.

I currently work PR for a non-profit organisation.

True... because for some reasons mentioned above I will do my undergraduate degree elsewhere... I am hoping for postgraduate degree in UK but that's long time and I better concentrate on my current goal.

 

[Gibbs]

Ok let me give some news links without which you are reluctant to trust

Bangladesh: First South Asian Nation To Become Open-Defecation Free

Congratulations to Bangladesh on those achievements in a relative short period of time, Certainly commendable.. But the above headline is quite misleading.. There are other South Asian nations with little or non existant open defecation to begin with like Bhutan and Sri Lanka.. Sri Lanka for example takes sanitation on priority.. And have been open defecation free for decades since the 1970's

"In a remarkable achievement, official data reveals that open defecation has reduced to only 1%, a “milestone change” from the 42% in 2003, making it a role model for other countries in the region. Approximately 595 million people in India, about half the population, do not use toilets. In Pakistan the number is 41 million, or about 21%, while for Nepal the number is 15.5 million, or 54% of the population. Only Sri Lanka, of all other South Asian states, has managed, like Bangladesh, to virtually wipe out open air defecation."

https://www.thethirdpole.net/2016/03/03/open-defecation-ends-in-bangladesh-almost/

https://knoema.com/atlas/Sri-Lanka/...Population/Open-Defecation-Sanitation-percent

 

[Nilgiri]

Congratulations to Bangladesh on those achievements in a relative short period of time, Certainly commendable.. But the above headline is quite misleading.. There are other South Asian nations with little or non existant open defecation to begin with like Bhutan and Sri Lanka.. Sri Lanka for example takes sanitation on priority.. And have been open defecation free for decades since the 1970's

"In a remarkable achievement, official data reveals that open defecation has reduced to only 1%, a “milestone change” from the 42% in 2003, making it a role model for other countries in the region. Approximately 595 million people in India, about half the population, do not use toilets. In Pakistan the number is 41 million, or about 21%, while for Nepal the number is 15.5 million, or 54% of the population. Only Sri Lanka, of all other South Asian states, has managed, like Bangladesh, to virtually wipe out open air defecation."

https://www.thethirdpole.net/2016/03/03/open-defecation-ends-in-bangladesh-almost/

https://knoema.com/atlas/Sri-Lanka/...Population/Open-Defecation-Sanitation-percent

Things are changing in India fast and the old report numbers are outdated:

http://mospi.nic.in/Mospi_New/upload/Swachhta_ Status_Report2016.pdf

https://en.wikipedia.org/wiki/India...ories_ranked_by_prevalence_of_open_defecation

Summary link is wiki and someone stupidly took the combined prevalance to be average of urban and rural when the urban rural split in India is 33 to 67 percent (not 50/50)

So using the numbers from the 2015 survey we have:

0.33 * 7.5 + 0.67* 52.1 = 37.3% prevalence of open defecation in India for 2015. That means about a 13% improvement in just one year which I think is commendable. If the rate continues, India is on track for ODF status in about 3 years time (2019)....which is also the target the govt has put out for its Swach Bharat program.

 

[TopCat]

e:

0.33 * 7.5 + 0.67* 52.1 = 37.3% prevalence of open defecation in India for 2015. That means about a 13% improvement in just one year which I think is commendable. If the rate continues, India is on track for ODF status in about 3 years time (2019)....which is also the target the govt has put out for its Swach Bharat program.

That only shows how stupid and false Indian stats are. 13% improvement in 1 year out of thin air.

 

[Nilgiri]

That only shows how stupid and false Indian stats are. 13% improvement in 1 year out of thin air.

It really is of no concern to us what people from a country with 2 patents a year and have something called BBS which gets asterisks all the time from international organisation saying (needs revision/re-analysis) think of statistics of countries that are not in LDC "basket case" category.