Though the Indian Government has earmarked $1billion as aid for developing our transport infrastructure geared to transit, the people of Bangladesh want trade not aid. The big question is -- why should we take the economic and dependency burden of this aid package when the foundations on which it is being promoted go squarely against all interests of Bangladesh and of the economic wellbeing of the people of the region.
Transit is being promoted on myths -- the regional economic integration myth
As per the present draft of the transit proposal -
a. Goods will be conceptualised, designed, manufactured, packaged and put into sealed containers.
b. The goods will then travel through Bangladesh territory.
c. They will then be unloaded in the NE. There they will be warehoused, advertised, marketed, and distributed.
The activities (a) and (c) will be taking place in India. These activities will have no contribution to our economy. As the North East develops, the growth of the region will be designed on the basis of economic integration with mainland India and complete segregation with Bangladesh.
The population of the NE is approximately 55,000,000. If the potential consumption of products that are manufactured in Bangladesh are valued at only $10/month per person than the market potential for Bangladesh is $6.5 billion annually. This market will be lost because of transit.