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IMF : India will be poorer than Bangladesh

IMF estimation that India will become poorer than Bangladesh by 2025.

Bangladesh emerged an independent country in 1971 has achieved and sustained its GDP.

Bangladesh the country is still poor but growing rapidly. Real economic growth exceeded 8 percent in 2019, and although the coronavirus crisis has slowed the pace, growth is expected to continue at a more modest pace of around 4 percent in both 2020 and 2021. 

India’s GDP per capita of $6,284 is still well above Bangladesh’s $5,139. And even in nominal terms, Bangladesh didn’t actually overtake India. India dipped below Bangladesh due to the economic impact of the coronavirus.

Uttar Pradesh and Bihar are just too far inland to compete with abject poverty of 45 Cr people with agrigarian base.

India need to scale its skill both in agriculture and Industry in UP,Bihar and North East with push to GDP with higher incomes of 50 Cr people an equal opportunity to compete in business with neighbouring countries.

The truly pressing need in these two states and in the North Eastern Region, India’s second poorest is for higher farm incomes. India is still a country of farmers, with 40 percent of the population employed in agriculture.

Too much banking on agriculture reforms and higher income keep nation in waiting unless proven industry is slowly modernise with ultra modern innovation Research to enterpreuners be encouraged on meirtocracy baises to galvanize economy.Secondly our economy must be free from corruption nepotism and discrimination of society these are social evils keep most of population unemployed.

A brighter and better India can be developed unless educations with fresh skills are imbibed to its natives at large.

Anti farm laws protest in country Several people were injured in Patna on Tuesday in a lathi charge at a busy crossing in the heart of the city when police personnel tried to stop a procession, taken out in protest against the farm laws from heading towards the Raj Bhavan.

The demonstrators alleged that it was an attempt to suppress their voice.

Later, when they reached the Dak Bungalow crossing, about a kilometre and a half away, officials deployed there told the demonstrators that their march could not be allowed beyond that point.

As the demonstrators insisted on walking right up to the Raj Bhavan, some three km away, the police used force to prevent their march towards the restricted VIP area.

By Naresh Sagar

Mentor MSME, Motivator, Media Event Org, Management fiscal & Water management.Social Media branding,Internet broadcasters,Propunder of Indian Philosophy

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