GDP 226 billion USD, Per Capita 1401 $

[TopCat]

Averages mean little to my analysis since India is a collection of several Bangladeshes (about 8 in total). So if India has lets say 3 Bangladeshes far outpacing original Bangladesh in human capital quality, about 2 roughly even and 3 lagging....and producing a worse overall average by some metric....that still means economies of scale and cluster based development vastly in favour of India.

Thats why there is a massive discrepancy when it comes to Industrial and manufacturing output between India and Bangladesh....currently and in future projection.

That's exactly the long term advantage China has had say over Vietnam (which both have roughly comparable human capital development overall when averaged) in/around the 80s/90s especially.

I am not even going to bring in basic Education average parameters (which i generally weight much more heavily compared to health)...where India beats Bangladesh quite decisively (and even more when you consider the total numbers receiving higher and vocational education). You can look up the previous threads or UNESCO UIS database if you want those numbers (or I will post them here later if needed)

But lets stick to the human capital report 2015:

http://www3.weforum.org/docs/WEF_Human_Capital_Report_2015.pdf

Some noticeable points:

1) India scores much better than Bangladesh in the under 15 score of human capital (India: 82, Ban: 75). Those are people that are going to be coming into play economically in the timeframe of 10+ years.

2) Quality perception of education. Comparing the profiles (rated from 1 to 7, higher = better):

For Maths/Science: India = 4.23 Ban = 3.36

Business schools: India = 4.43 Ban = 3.72

Specialised training services: India =4.21 Ban = 3.11

Capacity to attact talent: India = 3.82, Ban = 2.40

Capacity to retain talent: India = 3.93, Ban = 2.71

3) Labour force participation rate,

This is the reason Bangladesh equalises with India in the overall metric (along with life expectancy + ease of starting business helping). Its higher across all age bands (which may not be necessarily good in the 15 - 24 range, India also has lower incidence of child labour). So you can say overall that more women %-wise in Bangladesh have jobs outside the household. But is this what Bangladesh is going to rely on long term to be ahead in human capital terms (esp given India is improving its life expectancy + female employment + ease of business averages)? - because its certainly not a measure of human capital quality which is the next point:

4) Employment pattern:

Skilled employment share: India: 14.6% Bangladesh: 6.3%

Medium-skilled: India: 73.4% Ban: 53%

One can deduce from this that most of Bangladeshi employment is skewed to low skilled (around 40% remaining) compared to 12% for India remaining. That in a way also correlates well with the poverty rate of both countries.

5) All this culminates in one very basic stark discrepancy in the human capital "worth" of a nation, the patents filed by country to the USPTO in 2015:

India: 3355

Bangladesh: 2

Its corroborated by your WEF capital report looking at points 2 and 4 combined with India measuring better in cluster development, university-business collaboration and % public spending on education.

So any metric can be "averaged" out by equally weighting certain metrics when in all honesty human capital development needs to be skewed in its measurement to account for how the basic idea of capitalism works (high quality concentration + economies of scale).

So it is my point that there are several crucial areas in Human capital development that Bangladesh needs to address to make sure it is not caught in a bad place when these become more important as time goes by.....because Bangladesh growth is going to become much more sensitive to these parameters compared to India in the coming years.

Huhhh... good points... yet 48% of Indian still lingering in the agri sector. 53% of the people just openly defecate, 50% of the people never heard of vaccination. Your data on education completely flawed. Take my word. A person with 3 years of basic schooling should not be defecating in the public. Do they?

 

[Nilgiri]

Huhhh... good points... yet 48% of Indian still lingering in the agri sector. 53% of the people just openly defecate, 50% of the people never heard of vaccination. Your data on education completely flawed. Take my word. A person with 3 years of basic schooling should not be defecating in the public. Do they?

Again you dont seem to understand India is not a homogeneous nation. Parts of India are well ahead of Bangladesh, other parts are behind.

Not everyone has the same exact income, education experience etc... so there are multiple numbers of entire Bangladesh that are well ahead and similar multiples that are behind.

Never did I state that every single person has at least 3 years of schooling. Many obviously have 0 or near 0 and are caught in a cycle of poverty. But that doesnt detract from the average education level and quality being higher in India, especially in crucial elements that matter (discussed in previous post)....because there are multiples of entire Bangladesh population in India having decent, good or excellent education w.r.t global norms.

And the open defecation figure for India as of 2015 is 44%, not 53% (using UNICEF data)

http://data.unicef.org/water-sanitation/sanitation.html (In the access the data spreadsheet)

The progress has been slow because previous administrations did not pay heed to the persistent problem especially among the rural poor (the poorest 20% almost 100% open defecate....so thats half the total number right there)....but now this admin is confronting the issue head on.

The target is to eliminate the practice by 2019....and there is real progress being currently made on the ground. Let us see how it materialises overall in the statistics in the coming years.

http://www.worldbank.org/en/news/fe...ation-achieving-clean-and-healthy-rural-india

 

[Bilal9]

Averages mean little to my analysis since India is a collection of several Bangladeshes (about 8 in total). So if India has lets say 3 Bangladeshes far outpacing original Bangladesh in human capital quality, about 2 roughly even and 3 lagging....and producing a worse overall average by some metric....that still means economies of scale and cluster based development vastly in favour of India.

Thats why there is a massive discrepancy when it comes to Industrial and manufacturing output between India and Bangladesh....currently and in future projection.

That's exactly the long term advantage China has had say over Vietnam (which both have roughly comparable human capital development overall when averaged) in/around the 80s/90s especially.

I am not even going to bring in basic Education average parameters (which i generally weight much more heavily compared to health)...where India beats Bangladesh quite decisively (and even more when you consider the total numbers receiving higher and vocational education). You can look up the previous threads or UNESCO UIS database if you want those numbers (or I will post them here later if needed)

But lets stick to the human capital report 2015:

http://www3.weforum.org/docs/WEF_Human_Capital_Report_2015.pdf

Some noticeable points:

1) India scores much better than Bangladesh in the under 15 score of human capital (India: 82, Ban: 75). Those are people that are going to be coming into play economically in the timeframe of 10+ years.

2) Quality perception of education. Comparing the profiles (rated from 1 to 7, higher = better):

For Maths/Science: India = 4.23 Ban = 3.36

Business schools: India = 4.43 Ban = 3.72

Specialised training services: India =4.21 Ban = 3.11

Capacity to attact talent: India = 3.82, Ban = 2.40

Capacity to retain talent: India = 3.93, Ban = 2.71

3) Labour force participation rate,

This is the reason Bangladesh equalises with India in the overall metric (along with life expectancy + ease of starting business helping). Its higher across all age bands (which may not be necessarily good in the 15 - 24 range, India also has lower incidence of child labour). So you can say overall that more women %-wise in Bangladesh have jobs outside the household. But is this what Bangladesh is going to rely on long term to be ahead in human capital terms (esp given India is improving its life expectancy + female employment + ease of business averages)? - because its certainly not a measure of human capital quality which is the next point:

4) Employment pattern:

Skilled employment share: India: 14.6% Bangladesh: 6.3%

Medium-skilled: India: 73.4% Ban: 53%

One can deduce from this that most of Bangladeshi employment is skewed to low skilled (around 40% remaining) compared to 12% for India remaining. That in a way also correlates well with the poverty rate of both countries.

5) All this culminates in one very basic stark discrepancy in the human capital "worth" of a nation, the patents filed by country to the USPTO in 2015:

India: 3355

Bangladesh: 2

Its corroborated by your WEF capital report looking at points 2 and 4 combined with India measuring better in cluster development, university-business collaboration and % public spending on education.

So any metric can be "averaged" out by equally weighting certain metrics when in all honesty human capital development needs to be skewed in its measurement to account for how the basic idea of capitalism works (high quality concentration + economies of scale).

So it is my point that there are several crucial areas in Human capital development that Bangladesh needs to address to make sure it is not caught in a bad place when these become more important as time goes by.....because Bangladesh growth is going to become much more sensitive to these parameters compared to India in the coming years.

While I get the fact that most of Bangladesh' labour is geared toward work in non-skilled sector, that is what get's people largely employed (fed, clothed, housed) instead of them going and burning tyres on the streets.

Instead of spewing theories - we have to get something clear through our heads - Western developed markets will not import skilled labour items from third world countries. China was for a long time an unskilled labour market and so was Taiwan, Korea and Japan before that in the years after WW II. So a third world country's achievements in skilled labour (i.e. higher value-addition labour) means little.

Our NGO structure is far more organized and involved in Human Capital/Educational endeavors compared to the rest of the subcontinent. Amartya Sen had famously said a couple of years ago that a fifth grader in India cannot multiply because of the lack of educational budgets in India (and Bangladesh had bested India with half of India's educational budget). So your statements above don't agree with his...

In any case...

• Women have fared well in garments because they work in garments (having smaller nimble fingers helps in sewing) - there are almost no men employed in garments except as supervisors/managers sometimes.
• The skilled sectors for men themselves are only starting to open up...
  • Shipbuilding
  • Shoe manufacture (similar to garments but more male participation)
  • Small machined items made on lathes
  • small white goods manufacturing (irons, kitchen automation items, household small electric appliances)
  • capital white goods manufacturing (TVs, refrigerators, generators, small engine driven items)
• These sectors above have started to shift from China to Bangladesh which is a natural phenomenon
• Bangladesh has enough SEZ's ready to house these industries and most have begun to fill up
• With lower cost of labor, Bangladesh is the favored destination compared to any location in Asia.
• Our cost for all these labor sectors is lower than Vietnam, Indonesia and even India

 

[Nilgiri]

While I get the fact that most of Bangladesh' labour is geared toward work in non-skilled sector, that is what get's people largely employed (fed, clothed, housed) instead of them going and burning tyres on the streets.

Well its not going to propel Bangladesh beyond a certain per capita income like some members project in 2030 and beyond. The frontier curve will get closer each passing year without adequate skill provision in manufacturing. Hedging on just one development path is risky and inevitably vulnerable.

Western developed markets will not import skilled labour items from third world countries.

Japan now imports Indian cars. Ford is planning on certain models produced in India to the US shortly. Many forging products are exported from India globally now to developed countries. Airbus and Boeing are increasing sourcing their components from India and this will only increase as years go by. GE recently is investing into a massive production facility for all sorts of highly engineered goods...from assembly jigs to gas turbines. This is on top of the service industry that has already been established on the global level.

http://qz.com/302016/heres-a-look-inside-ges-brand-new-manufacturing-facility-in-pune/

Its a chicken and the egg situation. What comes first....becoming "non-third world" and then exporting skilled labour items....or becoming non-third world by exporting skilled labour items. It is a balance between both....one cannot drive development exclusively.

You also forget that there is the factor of medium skilling too.....which again India beats Bangladesh.

I guess we need to look at what WEF defines as low an medium skilled jobs. I will check later.

China was for a long time an unskilled labour market and so was Taiwan, Korea and Japan before that in the years after WW II. So a third world country's achievements in skilled labour (i.e. higher value-addition labour) means little.

None of them practiced exclusive RMG-based development and skilling. They always hedged, they always pushed multiple industries (low and middle skilled). When one slows down for whatever reason, others help to keep the momentum going. Thats what propelled their growth rates to levels much faster than what Bangladesh has ever seen.

Our NGO structure is far more organized and involved in Human Capital/Educational endeavors compared to the rest of the subcontinent. Amartya Sen had famously said a couple of years ago that a fifth grader in India cannot multiply because of the lack of educational budgets in India (and Bangladesh had bested India with half of India's educational budget). So your statements above don't agree with his...

Amartya Sen is a well known leftist catchphrase pundit that has an axe to grind with anything that develops external to his development model. Its too bad that the actual performance on the ground are very different from his fanciful claims.

I find the reports and analysis by Arvind Subramaniam and Arvind Panagriya to be much more pertinent to Indian development strategy. And they have both been roped in by the current administration at very high involved levels.

Just take this one article:

http://www.livemint.com/Opinion/9Qzg05zypjEUbioqK9N1UM/Why-Amartya-Sen-is-wrong.html

It contains many blunt truths about the character known as Amartya Sen.

Another example of his "wisdom" being taken apart:

http://www.wsj.com/articles/SB10001424052702304213904579096201799306362

Thats why its much more useful to compare India and Bangladesh on international neutral assessments by UNESCO, WEF, World Bank, IMF etc....and not some biased catchphrases by someone desperate to stay relevant.

Your WEF report clearly shows India peforms better than Bangladesh in Maths,Science,Business and other parameters of educational quality. But we are supposed to believe that every fifth grader in India cannot multiply when India is higher than Bangladesh in youth literacy as defined by UNESCO.

Bangladesh certainly hasnt "bested" India in Education, you are approximately halfway between us and Pakistan overall on average:

https://defence.pk/threads/pakistan...angladesh-diplomat.410043/page-6#post-7921579

The fact that your primary and secondary school completion/dropout rates are significantly worse directly leads to higher % of low skilled employment and the higher poverty rate found in Bangladesh.

In any case...

• Women have fared well in garments because they work in garments (having smaller nimble fingers helps in sewing) - there are almost no men employed in garments except as supervisors/managers sometimes.
• The skilled sectors for men themselves are only starting to open up...
  • Shipbuilding
  • Shoe manufacture (similar to garments but more male participation)
  • Small machined items made on lathes
  • small white goods manufacturing (irons, kitchen automation items, household small electric appliances)
  • capital white goods manufacturing (TVs, refrigerators, generators, small engine driven items)
• These sectors above have started to shift from China to Bangladesh which is a natural phenomenon
• Bangladesh has enough SEZ's ready to house these industries and most have begun to fill up
• With lower cost of labor, Bangladesh is the favored destination compared to any location in Asia.
• Our cost for all these labor sectors is lower than Vietnam, Indonesia and even India

That's all well and good. Competition is good and healthy. But lets wait and see who performs better. I would run out of room posting the current economic trends in India. There is a whole thread in the South Asia forum about it.

 

[Homo Sapiens]

While I get the fact that most of Bangladesh' labour is geared toward work in non-skilled sector, that is what get's people largely employed (fed, clothed, housed) instead of them going and burning tyres on the streets.

Instead of spewing theories - we have to get something clear through our heads - Western developed markets will not import skilled labour items from third world countries. China was for a long time an unskilled labour market and so was Taiwan, Korea and Japan before that in the years after WW II. So a third world country's achievements in skilled labour (i.e. higher value-addition labour) means little.

Our NGO structure is far more organized and involved in Human Capital/Educational endeavors compared to the rest of the subcontinent. Amartya Sen had famously said a couple of years ago that a fifth grader in India cannot multiply because of the lack of educational budgets in India (and Bangladesh had bested India with half of India's educational budget). So your statements above don't agree with his...

In any case...

• Women have fared well in garments because they work in garments (having smaller nimble fingers helps in sewing) - there are almost no men employed in garments except as supervisors/managers sometimes.
• The skilled sectors for men themselves are only starting to open up...
  • Shipbuilding
  • Shoe manufacture (similar to garments but more male participation)
  • Small machined items made on lathes
  • small white goods manufacturing (irons, kitchen automation items, household small electric appliances)
  • capital white goods manufacturing (TVs, refrigerators, generators, small engine driven items)
• These sectors above have started to shift from China to Bangladesh which is a natural phenomenon
• Bangladesh has enough SEZ's ready to house these industries and most have begun to fill up
• With lower cost of labor, Bangladesh is the favored destination compared to any location in Asia.
• Our cost for all these labor sectors is lower than Vietnam, Indonesia and even India

Another thing to add, Bangladesh is actually slightly more industrialized then India if we consider industrial contribution to GDP.For BD it is 30.4% and for India 29.5%.BD doesn't have space or automobile industry,but we are ahead when comes to light to medium industry.
https://www.cia.gov/library/publications/the-world-factbook/geos/bg.html
https://www.cia.gov/library/publications/the-world-factbook/geos/in.html

Well its not going to propel Bangladesh beyond a certain per capita income like some members project in 2030 and beyond. The frontier curve will get closer each passing year without adequate skill provision in manufacturing. Hedging on just one development path is risky and inevitably vulnerable.

That's why we are making great stride on leather,ship building,information technology and above all electronics.For electronics I will give you a small information.Even in 5 years ago, most of the home appliance specially Refrigerator,television were foreign imported,now local brand Walton is supplying more than 80 percent refrigerator and more than 30 percent tv set.Other local tv brand like MyOne also increasing their share.Same is true for other home appliances.More and more of us purchasing local air conditioner,Motor bike, oven etc.
http://www.thedailystar.net/business/walton-made-bangladesh-150850
http://www.jica.go.jp/bangladesh/bangland/en/report/529.html

 

[Nilgiri]

Another thing to add, Bangladesh is actually slightly more industrialized then India if we consider industrial contribution to GDP.For BD it is 30.4% and for India 29.5%.BD doesn't have space or automobile industry,but we are ahead when comes to light to medium industry.
https://www.cia.gov/library/publications/the-world-factbook/geos/bg.html
https://www.cia.gov/library/publications/the-world-factbook/geos/in.html
@Nilgiri

a) If a country has 100 dollar per capita production but 60% of it is industrial.....it is more industrialised than a country with 10,000 dollar per capita but with only 30% industrial GDP?

b) It depends on the definition of industrial output http://data.worldbank.org/indicator/NV.IND.TOTL.ZS

c) India beats the socks off Bangladesh when its comes to manufacturing component of Industrial production, leaping 3 ranks in the space of one year recently:

http://www.hindustantimes.com/busin...t-un-report/story-l15SiTiube3iosINvAKueK.html

Manufacturing was 33% higher PER CAPITA in India compared to Bangladesh in 2014.

http://www.unido.org/resources/statistics/statistical-country-briefs.html

2015 the difference has probably expanded more, I will check the details later when I can source this years report in detail.

That's why we are making great stride on leather,ship building,information technology and above all electronics.For electronics I will give you a small information.Even in 5 years ago, most of the home appliance specially Refrigerator,television were foreign imported,now local brand like Walton are supplying more than 80 percent refrigerator and more than 30 percent tv set.Other local tv brand like MyOne also increasing their share.Same is true for other home appliances.More and more of us purchasing local air conditioner,Motor bike, oven etc.
http://www.thedailystar.net/business/walton-made-bangladesh-150850
http://www.jica.go.jp/bangladesh/bangland/en/report/529.html

Well thats good, still well behind the Indian market by about 10 years or more....and how it ramps up now remains to be seen.

For example, India in 2015 produced around 12 million refrigerators on a much higher existing penetration whereas from your figures Bangladesh has just gone past 1 million a year production....and Bangladesh is labelling this as "self-sufficient" production.

http://www.euromonitor.com/refrigeration-appliances-in-india/report

 

[Homo Sapiens]

) If a country has 100 dollar per capita production but 60% of it is industrial.....it is more industrialised than a country with 10,000 dollar per capita but with only 30% industrial GDP?

By that logic USA is more industrialized than South Korea,France more than Taiwan.BD's manufacturing output is more than 10 percent of India's,slightly outrank the gdp fraction.100 vs 10000 dollar is extreme example not applicable to Ind vs Ban.

 

[Nilgiri]

By that logic USA is more industrialized than South Korea,France more than Taiwan.BD's manufacturing output is more than 10 percent of India's,slightly outrank the gdp fraction.100 vs 10000 dollar is extreme example not applicable to Ind vs Ban.

According to World Bank Data:

https://knoema.com/WBWDIGDF2016Apr/world-development-indicators-wdi-april-2016

Manufacturing Value added in Current dollars for 2014:

India: 321.7 billion USD

Bangladesh: 28.7 billion USD

Per capita this comes to:

India: 248.4

Bangladesh: 180.6

i.e India around 38% higher per capita.

=========================================================

According to world Bank, total Industry value added by GDP% in 2014:

India: 30.1%

Bangladesh 27.6%

Comes to total value of:

India: 616.6 billion USD

Bangladesh: 47.7 billion USD

Per capita industrial production:

India = 476

Bangladesh = 300

India 60% higher per capita.

You are not more industrialised than us. You are not more than 10% of India in any industrial aggregate. End of story.

I used an exaggerated comparison to illustrate the concept...that is all. The concept applies just in a different degree. We can even use the CIA % figures and the exact same situation will unfurl since GDP output per capita in India w.r.t Bangladesh far exceeds any variance in industrial output definition.

 

[TopCat]

According to World Bank Data:

https://knoema.com/WBWDIGDF2016Apr/world-development-indicators-wdi-april-2016

Manufacturing Value added in Current dollars for 2014:

India: 321.7 billion USD

Bangladesh: 28.7 billion USD

Per capita this comes to:

India: 248.4

Bangladesh: 180.6

i.e India around 38% higher per capita.

=========================================================

According to world Bank, total Industry value added by GDP% in 2014:

India: 30.1%

Bangladesh 27.6%

Comes to total value of:

India: 616.6 billion USD

Bangladesh: 47.7 billion USD

Per capita industrial production:

India = 476

Bangladesh = 300

India 60% higher per capita.

You are not more industrialised than us. You are not more than 10% of India in any industrial aggregate. End of story.

I used an exaggerated comparison to illustrate the concept...that is all. The concept applies just in a different degree. We can even use the CIA % figures and the exact same situation will unfurl since GDP output per capita in India w.r.t Bangladesh far exceeds any variance in industrial output definition.

You dont know the definition of Industrialized economy or Industrial output. Just look around % of labor force involved in manufacturing. India certainly have more valued added factory than BD eg automobile, locomotive which only benefit certain section of the labor force. This is because India is a coutry of 125 crore people and the market is there for few factories to make profit from.

 

[Nilgiri]

You dont know the definition of Industrialized economy or Industrial output. Just look around % of labor force involved in manufacturing. India certainly have more valued added factory than BD eg automobile, locomotive which only benefit certain section of the labor force. This is because India is a coutry of 125 crore people and the market is there for few factories to make profit from.

Look at your poverty rate before trying to squeal that Bangladesh is some industrialised hub. You fool no one mr banian now progressing to walton. You think cheap impoverished sweat shop coolies with wages little better than a rice paddy worker... that are reliant on Bangladesh LDC quota are an indication of major industrialisation? With Bangladesh human capital in the state as it is (25% kids drop out from primary school, 40% drop out from lower secondary)? Don't make us laugh....90%+ of the final sale price of those products do not make their way back to Bangladesh....but hey you have no other option. It is a temporary fix for a labour surplus that has no other recourse given its training.

"Few factories". Tell me when Bangladesh is able to export one manufactured item of note to Japan, Germany or the US and extract some decent margin from something it produces.

When we are turning the corner now with massive manufacturing factories that provide good paying jobs...you will see it in the basic breakdown of skilled and medium skilled labour (both much higher than Bangladesh)....+ higher per capita production, higher growth rate, higher investment and the fact that 30 - 40 % of your imports from us are manufactured goods that you are unable to produce competitively still.

Just remember that Bangladesh poverty rate as measured by the World Bank puts you around 40% and India at 12%. That in itself sinks this idea that sole RMG focus alone can lift people out of poverty.....when the margins are so slim in that cuthroat industry.

Enjoy being behind India in per capita production be it overall, industry, agriculture or services for the forseeable future. Its a decade gap that is going to remain at the minimum.

 

[TopCat]

Look at your poverty rate before trying to squeal that Bangladesh is some industrialised hub. You fool no one mr banian now progressing to walton. You think cheap impoverished sweat shop coolies with wages little better than a rice paddy worker... that are reliant on Bangladesh LDC quota are an indication of major industrialisation? With Bangladesh human capital in the state as it is (25% kids drop out from primary school, 40% drop out from lower secondary)? Don't make us laugh....90%+ of the final sale price of those products do not make their way back to Bangladesh....but hey you have no other option. It is a temporary fix for a labour surplus that has no other recourse given its training.

"Few factories". Tell me when Bangladesh is able to export one manufactured item of note to Japan, Germany or the US and extract some decent margin from something it produces.

When we are turning the corner now with massive manufacturing factories that provide good paying jobs...you will see it in the basic breakdown of skilled and medium skilled labour (both much higher than Bangladesh)....+ higher per capita production, higher growth rate, higher investment and the fact that 30 - 40 % of your imports from us are manufactured goods that you are unable to produce competitively still.

Just remember that Bangladesh poverty rate as measured by the World Bank puts you around 40% and India at 12%. That in itself sinks this idea that sole RMG focus alone can lift people out of poverty.....when the margins are so slim in that cuthroat industry.

Enjoy being behind India in per capita production be it overall, industry, agriculture or services for the forseeable future. Its a decade gap that is going to remain at the minimum.

You fool, who said BD is a industrialized country when 40% of its workforce still engaged in agriculture. But it made significant progress while making a good number to change profession and come to the job market. Bangladesh fared better than India. Besides look at our industrial growth rate. India is no way near to Bangladesh. Most of India's growth comes from govt spending whereas in BD its from factory. I dont see India even a competitor in 10 years from now.

 

[Nilgiri]

Most of India's growth comes from govt spending whereas in BD its from factory.

HAHAHAHAHA. Wow you are so stupid its kinda sad.

Anyways keep your Kim Jong Il style propaganda going....just like Walton does (while mysteriously hiding any financial release).

Such a big change going from picking rice for dirt to working in a sweatshop for a little more dirt to scrape by.

40% poverty rate ensues......and you saw we wont be a competitor in even 10 years when our poverty rate is already at 12% now. Riiiiight.

You give this guy a run for his money:

Bangladesh is more industrialised than India......better believe it! Just don't ask any pesky details.

 

[TopCat]

HAHAHAHAHA. Wow you are so stupid its kinda sad.

Anyways keep your Kim Jong Il style propaganda going....just like Walton does (while mysteriously hiding any financial release).

Such a big change going from picking rice for dirt to working in a sweatshop for a little more dirt to scrape by.

40% poverty rate ensues......and you saw we wont be a competitor in even 10 years when our poverty rate is already at 12% now. Riiiiight.

You give this guy a run for his money:

Bangladesh is more industrialised than India......better believe it! Just don't ask any pesky details.

Show me last five years GDP growth composition of India. I will even accept your recent vedic growth rate.

 

[gslv mk3]

Most of India's growth comes from govt spending whereas in BD its from factory

Substantiate with links & statistics.

BTW,I will be rather surprised if BD govt have money to spare ,given your patheically low tax to GDP ratio.And miniscule budget.

 

[unbiasedopinion]

I think it can be done in the next 5 years.Currently India's gdp per capita is 346 USD more than BD.But if you discount around 100 super rich Indian who have disconnected themselves from Indian realities and mostly live and spend their income in western countries,you can safely say that Indian per capita income is already below that of BD.

There are few pockets of relatively prosperous area in India like Punjab,Harayana,Goa,Mumbai,Bangaluru etc.Bharati Bollywood media only shows those places.But that regions only contain 15-20 percent of total population.Other 80-85 percent Indian have lower income than average Bangladeshi.You only have to look at the condition in the population giant like UP, Bihar, West Bengal,Madhya Pradesh,Rajastan,Chattishgarh,Assam to get the true picture of rising shining suppa pawa.

What makes you think that this kind of disparity is not there in Bangladesh?