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Why are you replying to trolls?
1.) For living standards, PPP is more relevant than the Per capita GDP so what he talks about is nonsense
2.) His "predictions" about the GDP in the future are laughable at best
3.) Indias economy is in another league while BD is still a LDC, temporary slowdowns and mistakes happen, the thing is that Indias economy is strong enough to survive it.... unless you think that India will fall apart into 5023850238502 countries because of this like some braindead people here do...
4.) Living standards also include education, healthcare etc etc.... Look at the HDI... India has the highest on the subcontinent, even if you take our national average HDI which is on medium level, while all the others are still on low level.
Great achievement by SL. But you have to keep in mind we have to raise the per capita of 160 million people which SL is doing for only 20 million people.
India doesn`t have the highest HDI in subcontinent..Sri Lanka is the only country that is in `high` HDI category and is ahead of India in almost evety socio-economic indicator .India is on medium.
very interesting, so that means in just last 5 years they have managed to almost double their per capita income?
Highly impressive
I think he is correct. Sri Lanka and Maldives aren't Indian subcontinent countries so with in their subcontinent India may be leading in HDI rankings.
Indians should not be allowed to divide south asia into many sub groups to bring them up at the top of social indexes. We are all south asians and are part of SAARC. This is more logical.
Indian "subcontinent" and South Asia are two different things.
I dont understand how lanka has highest HDI, even after bloody civil war. Has it always been so?
Tamil tiger terrorism + JVP violence + 2004 Tsunami..... but Sri Lanka moves in Sri Lankan style. lol
and how do you explain that... was lanka always rich?
yep, we had some up and downs but we managed to secure our position in the region.
Now GDP per capita US$ 3135 with in next 2-3 years Sri Lanka is moving in to "Upper middle income" country stats.
Poverty - 6% , (Target zero poverty in 2016)
Unemployment - 3.9%
and we have around 98% literacy rate, we can do much better this decade.
what are the major revenue generating areas .. is it tea, tourism?