Bangladesh's per capita GDP now higher than eastern and northeastern India

[Nilgiri]

@Axomiya_lora why you care this much bro? Leave these beggars to be.

They literally have 30 billion USD in their actual market cap equity now and its causing even their RMG exports to fall.

Haseena model can dump in as much inflation as it wants to in taka GDP and convert that with freeby-driven exchange rate of one thing to USD and think that stands for anything (creditors and investors know much better lol).

We all know the reality on the ground and just how much delusions are ingrained in these worthless people....ever since they couldn't even own their own political creation....always reliant on others, always doubting themselves, always traitorous to any larger concept above them. Born that way, and they die that way....just a waste of oxygen in between.

Just keep doing the job and get the news circulating where it matters:

https://www.aljazeera.com/news/2020...n-spike-border-smuggling-200210090049613.html

https://www.aljazeera.com/news/2020...ndian-border-forces-rise-200211175530171.html

Notable Right wing commentators worldwide are picking up on this as result. So its best to ignore the sad spectacle of the 3 million eternal cry losers here and elsewhere.

 

[fallstuff]

Most of the Indians have very little or no knowledge about economic basics and have a big ego and delusion. I have seen them numerous times claiming that India is ''5th richest'' country in the world. Obviously India is the 5th largest economy in the world when it comes to aggregate GDP. But this 5th largest GDP also divided among 1.37 billion Indians! Making a very low per capita GDP. They commonly confuse between '5th largest' and '5th richest'.

India has atrocious level of hunger and poverty and it's most socio-economic development ranking is even lower than Nepal(which has half of GDP per capita of India) due to large inequality. Still, just because they have space program, ballistic missiles, IT industry and 5th largest economy, they think, they are in the same league of Americans, Europeans.

I also say Indians are the only bunch who boasts about being 3rd in a three way match !

I think it must be the food or the lack of proper nutrients in the food !

 

[Tom-tom]

Empty land is always up for grab. It’s not for anything else. Plus overrunning backward people with huge Bengali population was only the logical solution to do instead of controlling you backward lot with iron fist.

Just because of backward mindset and culture condition of Assam is so bad and it’s people are so poor. No industry or service sector. Day and night just drinking alcohol and thinking and dancing with BJP’s tune of communalism is the only thing you lot can do at best.

Hi, I have limited knowledge of Bangladesh, when it comes to other things outside of '71 and East pak.
What is he talking about when he mentions " Maulana Bhashani and Saadullah"

 

[bluesky]

Legal migrants my foot! As you might know that there will be another NRC based on 1951. We shall then see how many of you Bangladeshi miyas came here post independence.

And your destiny is to eventually live in the marshlands around Bay of Bengal. We will take over CHT for our Chakma brothers, Sylhet for the Hindu Sylhetis of Barak, and Rangpur of our Koch dynasty will be added to Assam. Hindu Bengali refugees will be resettled in their ancestral properties that your Bangladeshi miya lots snatched away from them. You are free to go to Pakistan or any other similar hellhole.

You are a great political philosopher of the 21st Century. Mahatma Gandhi should be re-born to learn from a guy like you. Bravo!! By the way, our people are going to grab western Assam.

 

[Black_cats]

Hi, I have limited knowledge of Bangladesh, when it comes to other things outside of '71 and East pak.
What is he talking about when he mentions " Maulana Bhashani and Saadullah"

Probably he was referring to migration of Bengalis encouraged by them during British period to Assam for cultivation of empty lands which this idiot is trying to refer as illegal migration.

I hope you do understand now from where this illegal Bangladeshi migration theory came from.

 

[RayMing]

Bangladesh’s per capita gross domestic product (GDP) is now higher than most Indian states in eastern and northeastern India, with the exception of small hill states such as Mizoram and Sikkim. According to the data from the International Monetary Fund (IMF), Bangladesh’s per capita GDP was $1,905 in 2019, against West Bengal’s $1,566 in 2018-19 (FY19) — economically the most developed state in eastern India.

Moreover, Bangladesh's economy is growing faster than India's. So Bangladesh's per capita GDP will soon surpass that of India.

 

[bluesky]

@Axomiya_lora why you care this much bro? Leave these beggars to be.

They literally have 30 billion USD in their actual market cap equity now and its causing even their RMG exports to fall.

@Nilgiri, please write some fictions instead of bashing BD over and over. You will fail Sharatchandra Chatterjee, no doubt. Why are you tagging @Axomiya_lora? He/she is a descendant of Chinese invaders in the 1150s. Almost all the Assamese are half-Chinese and half-tribal.

 

[fallstuff]

Moreover, Bangladesh's economy is growing faster than India's. So Bangladesh's per capita GDP will soon surpass that of India.

It is really irrelevant comparing to India, even though the thread is about that. There is just so much more to do.

 

[Bilal9]

It is really irrelevant comparing to India, even though the thread is about that. There is just so much more to do.

True - our target and benchmark should be South Korea (and if possible, Japan) rather than India, and the local Japanese/Korean trade and industrial partners are very agreeable to assist us in this area.

Our cultures compared to Japan and Korea are not extremely far apart in the Asian sense - I'd say Korean culture closer to us than Japanese as far as allegiance to authority, the value of discipline and hard work, social conservatism, the reward of social flexibility etc.

We can adopt their efficient industrial, commercial and cultural practices (within reason) and we can let them partner with us further to use our low cost labor (even more than presently being done) so there is win-win on both sides of these industrial, commercial and cultural relationships.

The labor cost advantage we have in Bangladesh will not be there forever (it is already eroding fast) - so we need to up our game as far as higher value-added manufacturing which will of course necessitate modern quality/efficiency regimes like Toyota/Kanban systems, flexible manufacturing and 'Just-In-Time' methods.

Our benchmark in this area can also be the Japanese investments in Thailand which has benefited the Thai economy in a massive manner and the adaptation that took place by the Japanese to transfer their manufacturing to that country.

Japan helped Thailand become an industrial powerhouse in the span of less than two decades and transformed the country from a sex-tourism and debauchery destination to a powerful source of medium-cost manufacturing in Asia with some swagger.

Thailand's economy is currently stagnant as far as GDP growth and caught up in the middle-income trap just like other Asian tigers, however to avoid that fate in the future, we have to seriously invest in training and adopt skills up-gradation regimes in various areas like manufacturing and ship-building (welding and electrical skills training for example). English language training is a serious advantage we have compared to a lot of these East Asian countries, and we should hone that skill even further to use the language advantage as a communications tool to help in furthering manufacturing and intellectual-property (software) exports.

Malaysia, Taiwan, Indonesia and Singapore also attracted lots of Japanese investments - however the case in Thailand is interesting to me because it is closer to us, similar in weather and terrain (Thailand's weather is similar to Bangladesh and Bangkok is situated in the Chao Phraya river delta) and their labor cost structure (along with Indonesia) is the immediate next tier above us, so a lot of the same type of sunset industries from Japan and Korea can be transferred to us because of our labor cost advantage.

To my experience - a lot of industrial cultural practices in our mass manufacturing factories are even closer to that of Thailand (I'd say identical almost) than say, for example - Korea. I believe we should make more overtures to Korea and let them invest further in Bangladesh, just like the Thais let the Japanese invest in their country.

 

[Bilal9]

Let's look at Thai Govt. initiative which they undertook back in the early 2000's to go from Thai 1.0 initiative (agri exports such as coconut juice, canned fruit, shrimp and fruit juice exports etc.), to Thai 2.0 initiative (light industry) and on to Thai 3.0 initiative (advanced industry). Now they also inaugurated Thai 4.0 initiative in 2016 - which is digital transformation to boost innovation and competitiveness for the nation. I don't believe we in Bangladesh have any such initiative formally - however the govt. has declared a few export-intensive sectors as thrust sectors such as light engg. and shipbuilding along with pharma, ceramics and IT exports.

Here are some elaborate explanations about Thailand from a few years ago.

Hitachi is involved in the Thai 4.0 initiative using IoT devices involvement

Thailand’s FDI applications up 69% in the first nine months of 2019

The total value of FDI applications received by the BOI in the nine months to September increased 69% from the year earlier period, to a total value of 203.37 billion baht, according to the latest data from the BOI

November 4, 2019
By Boris Sullivan

Thailand continued to attract rising foreign direct investment (FDI) in the first nine months of 2019, with increased number of investment project applications according to public agency Thailand Board of Investment (BOI).

Applications for investments in the targeted industries, led by electronics and electrical sector, digital sector and automotive sector, represented 131.78 billion baht, or 65 percent of the total.

The total value of FDI applications received by the BOI in the nine months to September increased 69% from the year earlier period, to a total value of 203.37 billion baht, according to the latest data from the BOI.

In terms of the source of the foreign direct investment applications, out of a total of 689 projects, Japanese companies, which have long been the largest source of Thailand’s FDIs, ranked first with applications for 167 projects worth 59.19 billion baht, followed by China, with 139 projects worth 45.44 billion baht, and Switzerland, with 15 projects worth 11.71 billion baht, BOI data showed.

“The data for the applications we received in those nine months confirms Thailand’s continued attractiveness as an investment destination, despite the fluctuations seen in the global economy,”

MS DUANGJAI ASAWACHINTACHIT, SECRETARY GENERAL OF THE BOI.
“With the recently-rolled out investment promotion privileges under the Thailand Plus Package aimed at investment acceleration and further measures to improve the country’s investment ecosystem and ease of doing business, we expect the growth momentum of FDI and overall investment in Thailand to continue to expand into 2020.”

Meanwhile the overall investment applications, including domestic investments, submitted to the BOI in the nine-month period amounted to 1,165 projects, an increase of 11% from the same period last year. About half of these applications or 585 are for projects in the targeted industries, including the digital sector, which came on top with 143 projects, followed by agriculture and food processing with 132 projects, and the electronics and electrical sector, which saw 103 projects.

 

[Michael Corleone]

Congratulations, Bangladesh! But it needs to be mentioned that Bangladesh achieved this by exporting a third of her poverty stricken population to NE India. These alien parasites keep on sucking our resources dry while the mothership prospers. Very ingenious indeed..

If you still believe that shit than accept that your armed forces are just shitty incompetent fools.

 

[bluesky]

Its per capita GDP was $1,905 in 2019, against $1,566 in West Bengal and $1,185 in Assam

Assam, west Bengal remain soooo poor and remain a little below the nose. The entire Indian GDP will be below that of BD in a few more years. So, this poverty in India is the main reason that BJP wants Indian Muslims to get out of that poor country. Muslims are a burden to India.

 

[UKBengali]

Assam, west Bengal remain soooo poor and remain a little below the nose. The entire Indian GDP will be below that of BD in a few more years. So, this poverty in India is the main reason that BJP wants Indian Muslims to get out of that poor country. Muslims are a burden to India.

Also unless India pushes out Muslims from Assam they will become majority and want to join BD in the future.

 

[fallstuff]

True - our target and benchmark should be South Korea (and if possible, Japan) rather than India, and the local Japanese/Korean trade and industrial partners are very agreeable to assist us in this area.

Our cultures compared to Japan and Korea are not extremely far apart in the Asian sense - I'd say Korean culture closer to us than Japanese as far as allegiance to authority, the value of discipline and hard work, social conservatism, the reward of social flexibility etc.

We can adopt their efficient industrial, commercial and cultural practices (within reason) and we can let them partner with us further to use our low cost labor (even more than presently being done) so there is win-win on both sides of these industrial, commercial and cultural relationships.

The labor cost advantage we have in Bangladesh will not be there forever (it is already eroding fast) - so we need to up our game as far as higher value-added manufacturing which will of course necessitate modern quality/efficiency regimes like Toyota/Kanban systems, flexible manufacturing and 'Just-In-Time' methods.

Our benchmark in this area can also be the Japanese investments in Thailand which has benefited the Thai economy in a massive manner and the adaptation that took place by the Japanese to transfer their manufacturing to that country.

Japan helped Thailand become an industrial powerhouse in the span of less than two decades and transformed the country from a sex-tourism and debauchery destination to a powerful source of medium-cost manufacturing in Asia with some swagger.

Thailand's economy is currently stagnant as far as GDP growth and caught up in the middle-income trap just like other Asian tigers, however to avoid that fate in the future, we have to seriously invest in training and adopt skills up-gradation regimes in various areas like manufacturing and ship-building (welding and electrical skills training for example). English language training is a serious advantage we have compared to a lot of these East Asian countries, and we should hone that skill even further to use the language advantage as a communications tool to help in furthering manufacturing and intellectual-property (software) exports.

Malaysia, Taiwan, Indonesia and Singapore also attracted lots of Japanese investments - however the case in Thailand is interesting to me because it is closer to us, similar in weather and terrain (Thailand's weather is similar to Bangladesh and Bangkok is situated in the Chao Phraya river delta) and their labor cost structure (along with Indonesia) is the immediate next tier above us, so a lot of the same type of sunset industries from Japan and Korea can be transferred to us because of our labor cost advantage.

To my experience - a lot of industrial cultural practices in our mass manufacturing factories are even closer to that of Thailand (I'd say identical almost) than say, for example - Korea. I believe we should make more overtures to Korea and let them invest further in Bangladesh, just like the Thais let the Japanese invest in their country.

You just can't bypass the industrial side to increase the overall gdp growth. The development model Bangladesh is following is fairly decent, it just needs to be pushed forward with a constant sense of urgency. BD people are very entrepreneurial, known to make livelihood out of impossible circumstances.

 

[namefield_empty]

@Nilgiri, please write some fictions instead of bashing BD over and over. You will fail Sharatchandra Chatterjee, no doubt. Why are you tagging @Axomiya_lora? He/she is a descendant of Chinese invaders in the 1150s. Almost all the Assamese are half-Chinese and half-tribal.

You know what, a piece of turd MLA Aminul Islam of the Bangladeshi geda miya party AIUDF in Assam dared to say this same fabricated lie few days back against my community. We made sure that he knelt down before the statue of Chaolung Sukaphaa to seek his apology and then garlanded his statue in penance. Needless to say that he won't be entering Upper Assam anytime soon.

Your lies are only for the wet dreams of your miya coterie outside India and isn't even worth getting into a debate/discussion.

https://www.newslivetv.com/top-news/aiudf-mla-aminul-islam-seeks-apology-for-insulting-ahoms/

@bluesky