Provide the evidence and sources. Not words.
Bangladesh's per capita income is $1466 dollars as of 2015, http://www.thedailystar.net/frontpage/capita-income-rises-1466-1204930
West Bengal's per capita income Rs78,903 = $1182.11
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Provide the evidence and sources. Not words.
where did you get the figure ?West Bengal's per capita income Rs78,903 = $1182.11
where did you get the figure ?
It is in terms of salary income.
WB is not near of BD
it is 2014 date, need updated
1. agree.Thats not production per capita since salaries only consider workers...whereas per capita production divides by dependents as well (since not 100% of all the population is a worker). Also anyone can pick off a random salary figure from a city (under all kinds of definition and survey methodology especially factoring in actual consumption)....i can do the same for any major city of India and the figure will be double and triple that of Dhaka.
Yah WB has more than 35% higher consumption on per capita basis than BD. To give an idea of the time involved in 35%....in 2018 you will be finally at the level of per capita consumption that (grossly mismanaged) West Bengal was at in 2014.
Here are the base sources:
https://en.wikipedia.org/wiki/List_of_Indian_states_by_GDP
http://www.imf.org/external/pubs/ft/weo/2016/01/weodata/weorept.aspx?pr.x=72&pr.y=10&sy=2014&ey=2021&scsm=1&ssd=1&sort=country&ds=.&br=1&c=513,534&s=NGDPDPC,PPPPC&grp=0&a=
Lets see if you care to check my calculation and assertion.
it is 2014 date, need updated
Thats not production per capita since salaries only consider workers...whereas per capita production divides by dependents as well (since not 100% of all the population is a worker). Also anyone can pick off a random salary figure from a city (under all kinds of definition and survey methodology especially factoring in actual consumption)....i can do the same for any major city of India and the figure will be double and triple that of Dhaka.
Yah WB has more than 35% higher consumption on per capita basis than BD. To give an idea of the time involved in 35%....in 2018 you will be finally at the level of per capita consumption that (grossly mismanaged) West Bengal was at in 2014.
Here are the base sources:
https://en.wikipedia.org/wiki/List_of_Indian_states_by_GDP
http://www.imf.org/external/pubs/ft/weo/2016/01/weodata/weorept.aspx?pr.x=72&pr.y=10&sy=2014&ey=2021&scsm=1&ssd=1&sort=country&ds=.&br=1&c=513,534&s=NGDPDPC,PPPPC&grp=0&a=
Lets see if you care to check my calculation and assertion.
Bangladesh's per capita income is $1466 dollars as of 2015, http://www.thedailystar.net/frontpage/capita-income-rises-1466-1204930
West Bengal's per capita income Rs78,903 = $1182.11
West Bengal's per capita income Rs78,903 = $1182.11
Dailystar.net? Give me an actual global authority, not some cheap local newspaper based on Bangladesh statistics.
I mean look at the inflation already:
Bangladesh bureau of statistic claimed $1316 last fiscal year (2015) and it will increase to 1466 this year (2016)
Now compare to the IMF figures of 1287 and 1400 respectively:
http://www.imf.org/external/pubs/ft/weo/2016/01/weodata/weorept.aspx?pr.x=72&pr.y=10&sy=2014&ey=2021&scsm=1&ssd=1&sort=country&ds=.&br=1&c=513,534&s=NGDPDPC,PPPPC&grp=0&a=
The exchange rate for Rs/USD was not 66.7 in 2014 silly.
I hope you know,per capita income and gdp is not the same.Per capita income includes remittance from abroad and subtract remittance gone out of country in addition of gdp.While per capita gdp denotes only the monetary value of gross material and service production in a country.Bangladesh bureau of statistic claimed $1316 last fiscal year (2015) and it will increase to 1466 this year (2016)
Now compare to the IMF figures of 1287 and 1400 respectively:
I hope you know,per capita income and gdp is not the same.Per capita income includes remittance from abroad and subtract remittance gone out of country in addition of gdp.While per capita gdp denotes only the monetary value of gross material and service production in a country.
Even if you compare gdp vs gdp,BD is ahead of West Bengal.1400 vs 1200 approx.My bad, did not see they were talking about GNI as well as GDP in same article.
Exchange rate for Rs/USD hasn't changed much between 2015 to 2016: So West Bengal's per capita income is $1182.11 and Bangladesh's per capita income is $1466.
Even if you compare gdp vs gdp,BD is ahead of West Bengal.1400 vs 1200 approx.
It is 2014-2015 fiscal which means from 2015.
I have told you before ppp multiplier is underestimated for BD while for India it is overestimated.Basic necessity is cheaper in BD compared to India.So no way consuption is lower in BD. Only some non essential luxury goods(essential for western consumers though) is cheaper in India.Which skew the ppp calculation.Besides I dont care too much about nominal values (Bangladesh certainly does not consume entirely US produced goods at US price levels), but physical consumption of goods and services per person where there is almost a 40% higher consumption in West Bengal compared to Bangladesh because of the PPP multiplier in India compared to Bangladesh.
I have told you before ppp multiplier is underestimated for BD while for India it is overestimated.Basic necessity is cheaper in BD compared to India.So no way consuption is lower in BD. Only some non essential luxury goods(essential for western consumers though) is cheaper in India.Which skew the ppp calculation.
You are talking about increased consumption of a commodity which India import from overseas by spending hard earned foreign currency.How it is a positive achievement for India? Per capita personal motor vehicle is less in Bangladesh compared to India.So oil demand is also less in Bangladesh.How it is positive to buy expensive motor vehicle then spend foreign currency to drive them for a developing country? European live by a lot less personal motor vehicle than American,doer it means European life is shit compared to American?Yes you have told me many times. Too bad the IMF doesn't buy it though. Maybe you should write them sometime. Till then you can keep claiming things are cheaper in Bangladesh with no sources to prove it.
Lets compare consumption of one very important thing: oil.
http://oilprice.com/Energy/Oil-Pric...h-Oil-Prices-As-Demand-Continues-To-Soar.html
Thats what the world talks about w.r.t India.
Now lets hear how much oil Bangladesh consumes.
Or pick any major commodity and lets get into per capita.
Food,clothing,housing,education is cheaper in BD than India.It is a common fact.Treatment benefit in govt. hospital in BD is also better than India.That's why we have better maternal and child health and overall higher longevity compared to India.These are the basic need for a human and 90 percent income in south asia is devoted for these need.So do you want to tell us that Bangladeshi live worse when they are ahead in fulfilling 90 percent of the need?Yes you have told me many times. Too bad the IMF doesn't buy it though. Maybe you should write them sometime. Till then you can keep claiming things are cheaper in Bangladesh with no sources to prove it.