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New Base Year Ups FY'13 GDP by US$18 billion

It will be funny if BD per capita over take India's. Although not possible yet but can not be ruled out if congress keeps coming back. In that case our own border fences will become a hurdle to our people :D

Congress or no Congress, INR is going to slide down more. It will reach at least INR70 to a dollar. Some enemies within India is forecasting INR80 or even INR100, because the country will have to pay back about $150 billion to its foreign lenders by April next year, and its current account defecit is more than $70 billion per year. This will cause a further devaluation of INR.

The days of throwing picnics with borrowed money from abroad is gone now. Indian living standard is lower than BD. When INR falls more the real living standard will be reflected in their per capita GDP.
 
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