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GDP 226 billion USD, Per Capita 1401 $

Forget about Car,wine etc.I think price of the basic goods for living in both countries are not much different.It is the luxurious goods which are distorting the picture.I can share the price level of basic commodities in the major cities in BD from my personal observation if you do the same for India's.
May be in some basic things but not all.
You know PPP values change throughout India itself.
Otherwise, in nominal terms, backward and rich states are almost equal (gap is seen in PPP).
BTW,
If Indians and BD people earn same things can survive with basic things, Indians are definitely more capable of buying luxury than Bangla brothers. :P

In India, if consider a family or poor people,
1. People earning less than Rs. 10000 are considered poor. Yet they can afford basic things, their luxuries are faint against rest. Their percentage is low yet their children pull out family from this easily to get an income of 15-20000. This is so common these days.
Their percentage is depleting fastly.
2. People earning between Rs. 15000-25000 are most common. An average Indian life in average state (neither considered rich nor poor.)
3. People earning more than Rs. 30000 are significantly more lavish. They try to buy a car as soon as possible. They have nice homes, lifestyles etc..
4. People like me who earn Rs. 48000 a month.
:D
What about BD?
Dude, only 0.1% of either of our populations can buy luxury goods. Stick to what the entire population does, not what 10 or 15 people do.

Look at prices of food, fuel, housing etc. Not price of PS4 and BMW.
Everything except basic needs is a luxury.
Even the internet. Calculate now. ;)
 
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BD started from a very low base in 1947 and we are struggling with poverty number. Indian number which I have little faith with though.
Good luck for BD too. ;)
Just informing.
East and West Pakistan both had around double income of India, even in 1971, BD had 60% higher income than India.
India started overtaking you in 90s but later sanctions and economic crisis stalled us. We made economy more socialist in 2012 to defend.
Now, we'll capitalize it again between 2017-22.
In this period, economy will be significantly faster than before but after this it will suddenly boom because of increase in production, FDI.
You know apple wants to move manufacturing to India and several Indian companies based abroad too because of lack of skilled workers.
This fleet of 400 million skilled workers is specially for them.
In brief, five years plan are a very nice method to maintain an economy. Just mobilize it by dense infrastructure.

Good luck to Bangla brothers.
Ok great.. Do yo have a plan for 52% of your workforce still live and sustain rearing cows and plowing land and heavily dependent on monsoon. Dont you even try to stuff them in highspeed bullet train and export to China.
Yes, above plan is.
Read these points. :)
1. This is 49% not 52%.
2. I'm too connected with agriculture. But I don't rare cows in field. Instead I've machines and many comforts because it isn't lagan movie. It's 21st century. Yet I know about 1/3rd of farmers are suffering from that.
Above 2017-22 plan has much for them as of target of less than 5% poverty.
I will provide details after entire plan is outlined and read out by government.

A census could help us out alot; especially since 40% of our economy is undocumented.
40% is a really huge number.
There must be problem in population counting as well. Try to reach regions which you guys usually not.
You know, in P-o-K(you call azad Kashmir), pakistanis have no access before highway construction so didn't documented them.
 
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3. People earning more than Rs. 30000 are significantly more lavish. They try to buy a car as soon as possible. They have nice homes, lifestyles etc..
In BD,it is impossible to think buying car with 30000 Rs. or 35000 Taka income.Car is very expensive in BD. Even you can find many people in BD who have properties worth Crores of Taka but without any Car.It is not only a matter of price but also space to accommodate a car as well as learning driving.India's domestic motor vehicle industry is enabling countless Indian to afford a personal car, I must admit.
 
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In BD,it is impossible to think buying car with 30000 Rs. or 35000 Taka income.Car is very expensive in BD. Even you can find many people in BD who have properties worth Crores of Taka but without any Car.It is not only a matter of price but also space to accommodate a car as well as driving learning.
BD needs some car manufacturing facility as soon. as possible. How about any Indian company like TATA, Mahindra, AL, REVA or Datsun?
We are 4th biggest car exporter in Asia. ;)
 
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BD needs some car manufacturing facility as soon. as possible. How about any Indian company like TATA, Mahindra, AL, REVA or Datsun?
We are 4th biggest car exporter in Asia. ;)
Importing car from India will not help,as our import duty on foreign car is insane.Only local car manufacturing plant can help.I don't know why anyone is not interested in this venture.May be local market is not big enough to attract foreign company.High price limiting the car sale in BD which in turn prohibiting foreign investment in this sector.It is like a vicious cycle.
 
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Importing car from India will not help,as our import duty on foreign car is insane.Only local car manufacturing plant can help.I don't know why anyone is not interested in this venture.May be local market is not big enough to attract foreign company.High price limiting the car sale in BD which in turn prohibiting foreign investment in this sector.It is like a vicious cycle.
I don't think this problem will last long. Bangladeshi population is enough high. As people will get richer, no. of people to hold car will also increase.
 
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Not if BD currency getting stronger and Indian currency gets hammered everyday.

Exchange rate doesn't play any part in PPP. As of today, only oil prices affect Indian consumer spending because oil is imported. Everything else is dependent on local market conditions. Dollar has zero influence there. This is for the other guy who thinks PPP is not important.

I dont know about India but our economic goal is to dislodge 40% of our workforce who still lingering in the agri sector which only contribute to 15% of the GDP. Thats a big challenge for next decade or so. 2nd most important thing we are woking on is to reduce the contribution of service sector and agri sector from current (50% and 15%) and increase the industrial and manufacturing sector contribution to more than 40% which is around 31% now.

The problems BD faces is no different from what India faces.

I think despite having more GDP/capita India also working towards that goal which it already fallen behind BD by a long shot.

A bigger country takes longer for decisions to show effect. You can build a road from Dhaka to any port in BD quickly, but if Delhi is to connect to a port, it will take huge amounts of funds and time. India also has more people, so it will take more time for development to reach everybody.

These comparison item were selected for western rich consumers in head.That's why Three-course restaurant meal rather than home meal, 1 bottle of wine,domestic bear and imported bear:lol: McMeal at McDonalds, Cappuccino:crazy: Loaf of fresh white bread rather than flour,Marlboro cigarrette,Volkswagen golf price,Tannis court,Nike running shoes were selected.But the down trodden masses like us, these are non issue.:P

Rice is cheaper in BD, which matter most.

Now you get why PPP is more important for domestic economies.
 
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BD has to grow faster than India if BD is to beat India's per capita.

BD can increase growth quicker than India can, but India can sustain growth for longer. BD's growth can easily be fueled by debt, but that's a high level of risk.



That doesn't make sense. A single dominant ethnic group only provides stability. Like North Korea is very stable in that sense. But there is no economic activity.

India's stable even if it's the most diverse country in the world. Indonesia is also very diverse and has high growth.

Why you say India can sustain growth for longer than BD? Remember BD gross debt is around half of India's and so BD has more fiscal scope to borrow money in order to increase GDP growth.

North Korea is communist and not a good example.

As for Indonesia, it's economy and politics is lead by the Javanese who comprise 42% of the population. While not a majority, they clearly have the numbers to lead the rest of the nation with relative little opposition. In India no ethnicity comes anywhere close to the Javanese and so no strong leadership is possible. Indonesia is not exactly a glowing economic success as it only has 40% of the GDP/capita of neighbouring Malaysia that is lead by the dominant Malay(60% of population) ethnic group. Lastly a part of Indonesia(East Timor) has already become independent and no guarantee that other parts will not go the same way in the future.

India is a political entity and not an actual nation like BD. Even though BD only become independent in 1971(24 years after India), it already leads India in indicators like life expectancy and malnutrition. As BD becomes richer, then it's government will have more and more money to create the infrastructure necessary to propel growth to even higher levels than now. India has two many layers of bureaucracy to make the fast decisions to try to keep up with BD.
 
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Myanmar Gross domestic product per capita, current prices U.S. dollars Units 1,416.388

Bangladesh Gross domestic product per capita, current prices U.S. dollars Units 1,400.860

Bangladesh Gross domestic product based on purchasing-power-parity (PPP) per capita GDP Current international dollar Units 3,841.028

Myanmar Gross domestic product based on purchasing-power-parity (PPP) per capita GDP Current international dollar Units 5,952.634

How humiliating for us.
 
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Why you say India can sustain growth for longer than BD? Remember BD gross debt is around half of India's and so BD has more fiscal scope to borrow money in order to increase GDP growth.

Larger countries have greater scope in maintaining growth. Larger countries have bigger budgets, so they have bigger militaries and greater space ambitions which they can use to further growth.

In the future, India will be among the biggest space players, so mining and colonization of space will be led by India and other large countries. The bigger military will enable greater power projection, so other smaller countries will want to befriend the larger country, that will led to greater economic prospects for the larger country in terms of trade.

In case of natural disasters, larger countries are insulated from the damage. Resources from undamaged areas are transferred to damaged areas quickly. Even disaster response is faster. Contrast the situation in BD in 1970 to today. Casualties have fallen drastically since the past, all because of India, ISRO in particular.

North Korea is communist and not a good example.

China is communist too, and also homogenous. So growth comes from economic policies, not from the type of population.

As for Indonesia, it's economy and politics is lead by the Javanese who comprise 42% of the population. While not a majority, they clearly have the numbers to lead the rest of the nation with relative little opposition. In India no ethnicity comes anywhere close to the Javanese and so no strong leadership is possible. Indonesia is not exactly a glowing economic success as it only has 40% of the GDP/capita of neighbouring Malaysia that is lead by the dominant Malay(60% of population) ethnic group. Lastly a part of Indonesia(East Timor) has already become independent and no guarantee that other parts will not go the same way in the future.

India is not affected by ethnicity like other countries are. We had a Sikh PM for 10 years, now we have Modi who is from a backward caste. Sonia Gandhi is an Italian Roman Catholic, her children Rahul and Priyanka are Hindus. APJ Adbul Kalam was a Muslim President. The PM in 1991 who opened up India to the world was a South Indian Andhra PM called Narasimha Rao who studied in a college setup by the Nizam and carries a Sanskrit motto.

India is a political entity and not an actual nation like BD.

You can't apply your prejudices in India, it simply won't work.

Even though BD only become independent in 1971(24 years after India), it already leads India in indicators like life expectancy and malnutrition. As BD becomes richer, then it's government will have more and more money to create the infrastructure necessary to propel growth to even higher levels than now. India has two many layers of bureaucracy to make the fast decisions to try to keep up with BD.

BD will become richer than India in per capita income only if BD grows faster than India. But all top studies show India will lead the chart for many years.

Even if India's socio-economic quality may not rise as fast as BD's, India will still continue to be bigger in per capita income for many years because of the difference in other qualities and opportunities that Indians have, like education, healthcare, access to high end technologies, access to other countries, access to resources etc.
 
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India is a political entity and not an actual nation like BD.
Akhand Bangladesh? :D
Off course, Alexander came to conquer ancient Bangladesh, not India, British came to make East Bangladesh company, not Indian, trigonometry, pi and zero were started in Vedic Bangladesh. :lol:
What the the nonsense is this guys? :omghaha:
@ito
BD is clothing 80% of the world population, if you screw with BD you will have nothing to wear.
:crazy:
Any source? :rofl:

Reality:
China and India are two biggest textile producers and even together they can't make it 80%.
And BD is much smaller than them. :lol:
In fact,
BD doesn't produce 80% of world's clothing but clothes are 80% of total exports by BD.. :laugh:
Think before waving your tongue. :D




Last time, you started boasting of Pakistani role in NATO, Communist Block and Indian Tensions.
Meanwhile, pakistan had nothing to do from nearest to farthest scope. You thought it cool to be pakistan in our game. Right? :cool:
 
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Akhand Bangladesh? :D
Off course, Alexander came to conquer ancient Bangladesh, not India, British came to make East Bangladesh company, not Indian, trigonometry, pi and zero were started in Vedic Bangladesh. :lol:
What the the nonsense is this guys? :omgahaha:
@ito

BD is the nation of ethnic Bengali Muslims?

What exactly is an Indian?
 
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:crazy:
Any source? :rofl:

Reality:
China and India are world's two biggest textile producers and even together they can't make it 80%.
And BD is much smaller than them. :lol:
Think before waving your tongue. :D

I have never seen anything made in India in north America. every clothing store has something made in BD.
by the way my post was a joke but it seems Indian have no sense of humor
 
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