IMF/WB dont produce data, they just post what GOI hand them over. Vivek Kaul is certainly a smart Indian who could see the anomaly in posted data. The ignorant and delusional kid like you can learn a lot from your own countryman.
IMF did accept your older method of calculation, they even approved your newer method. Its all about how you want to feel good about yourself. IMF/WB only care about their lending security and guaranteed pay back. We are still using our legacy method. No complain from IMF. We can upgrade and post 8% growth rate too and I dont think they will complain either.
Vivek Koul wears Dhuti. You should listen to him. Very smart and civil guy. I am sure he uses latrine and washes hands everytime he uses it.
You are still taught these population $hit in your school like any 3rd world country which are in risk of famine and starvation. BD already passed that stage. This same shit is taught even in Africa where population density is scarce only because they cant produce enough for their even smaller population. How many farmer committed suicide this year in India?
Blah blah blah......end of the day Bangladesh is a poor swampy floodplain the size of North Korea...whereas India has an entire subcontinent and ocean named after it.....and is massively more relevant to the world economy today than Bangladesh can ever dream of becoming. India has lower poverty, better education, large prosperous states (with 3 or 4 times the per capita income of Bangladesh) and faster growing poorer ones (closer to the income levels of B'desh).
Take just one metric that can be easily be end-verified by 3rd parties: FDI.
We get more FDI in our worst month of the year than Bangladesh does in the entire year.
In fact in the last 12 months, the FDI was nearly 34 billion USD in total. These are numbers India cannot fabricate or make up since they arise from elsewhere.
India Foreign Direct Investment | 1995-2015 | Data | Chart | Calendar
Now lets see Bangladesh:
Bangladesh Foreign Direct Investment | 2002-2015 | Data | Chart | Calendar
1.5 billion USD for the entire 2014....and its dropping from the last year.
And you are expecting anyone to believe that Bangladesh is growing at 8% if Bangladesh says so? LOL. Dont damage your JUNK credit rating (not investment grade like India) anymore than you need to Mr Lungi.
List of countries by credit rating - Wikipedia, the free encyclopedia
We are only going to keep pulling away from you (you should be growing faster than us since you are poorer by far):
Report for Selected Countries and Subjects
The final result is quite telling:
India was 3% of the world economy in 1980, Bangladesh was 0.32%. So we were about 10 times more significant.
By 2020 India is predicted to be 8.5% of the world economy, Bangladesh will be 0.59%. In 2020 we will be 14 times more significant than you (and also factor our population is a little more than 7 times yours only)....and that significance number will only keep increasing....considering the vast chasms between the two countries in education levels + absolute poverty (which determines how many have crossed into the threshold of low income but aspiring to be middle class). Basically we nearly tripled in world economic impact in 40 years, while you only doubled....and that too we did it from a much higher per capita income base....and lower poverty.
Poverty & Equity Data | India | The World Bank - 21.3% absolute poor in 2011
Poverty & Equity Data | Bangladesh | The World Bank - 43.7% absolute poor in 2010
And Indias figure may be a lot lower in 2011:
http://pubdocs.worldbank.org/pubdoc...09701443800596288/PRN03-Oct2015-TwinGoals.pdf
Box 2 page 12, World Bank accepts Indian absolute poverty rate may have been as low as 12.4%.
Education comparison:
Pakistan, ISI "biggest threat" to India & Bangladesh : Bangladesh diplomat | Page 6
You are simply nowhere near the same league as us. You don't need to be so butthurt about that.
If all goes to plan (which rarely happens in my experience). There is lots of latent potential within Pakistan...even with its sub par education levels. It should be growing at least 6 - 7% right now.
So even FDI is magical MODI created numbers? Investment that is coming from outside India?
From: unctad.org | India leads regional foreign direct investment as inflows to South Asia rise by 16 per cent in 2014
India got 34 billion USD in 2014 alone . Bangladesh received 1.5 billion USD (rounded to 2)
Want to know what Bangladesh has received in its entire history?
About 9.3 billion USD (as of 2014). The figure for India was 252 billion USD.
Want to know how much Bangladesh has invested in other countries in its total history?
About 130 million USD. (Chump change less than a dollar per bangladeshi)
Figure for India was almost 130 BILLION USD. About 1000 times more than Bangladesh.
Its all from UNCTAD:
Just select Bangladesh at their site and see for yourself:
Compare all of this knowing we have only 7 times the number of people and 22 times the land size approximately.
But you are welcome to keep whining its all Modi Magic
Reference: unctad.org | Country Fact Sheets 2015
Its easy honestly, our average GDP growth rate was 7% before war on terrorism. Pakistan is the only country in our region to have never experienced negative growth rate. Terrorism is near-dead, Crime and corruption have dropped and CPEC is underway along with other billions of dollars in investment projects from China and ME.
7% is really easy for us- and we'll be reaching there in a year or two. Our Capita was higher than India before war on Terrorism and even our average GDP growth rate was 7% before war on terrorism and reached a peak of 11% during military rule - despite the education and literacy rate being significantly low compared to today.
Honestly i've been all over Pakistan and i've never seen someone that is illiterate - i think it means illiterate in English and not in Urdu.
30-40% of our Economy is unrecorded- meaning we can have a growth rate of 8% right now. Infact, we grew from 232 to 270 this year, which is a higher growth % than 9.
Yes, but we grew 4.5% despite fighting a fullscale war, that has cost us 80 billion dollars and 60,000 lives. Now that the smoke is settling imagine our potention - we grew 9% this year.
Anyways ADB says in the same report India will grow at 7.4% that is nearly 3% more than Pakistan despite having a much larger GDP.
ADB keeps India's growth forecast unchanged at 7.4 per cent this year - The Economic Times
Don't try to use that pea nut sized brain of yours lungi,you're not only embarrassing yourself but also your entire lungi community in an international forum
!!
I thought you would have something more tangible than this.....
