Is Bangladesh economy really doing better than India? Former CEA doesn’t think so

Is Bangladesh economy really doing better than India? Former CEA doesn’t think so

On 'more appropriate' economic metric, Bangladesh has not surpassed India and

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On ‘more appropriate’ economic metric, has not surpassed India and is unlikely to be in future, former chief economic adviser said on Saturday, asserting that GDP per capita is an estimate for one indicator of the average standard of welfare in a country.


Congress leader Rahul Gandhi had taken a dig at the government over growth projections showing closing in on India in terms of per capita GDP this year and described it as a “solid achievement” of six years of the BJP’s “hate-filled cultural nationalism”.



Government sources had emphasised that India’s Gross Domestic Product (GDP) in terms of purchasing power parity was 11 times more than that of in 2019.


“The India-vs.-Bangladesh GDP per capita comparison (post WEO) has sparked anxiety & acrimony. But wrong numbers being compared…


“NO, on more appropriate metric, India has not been surpassed and, according to IMF, unlikely to be in near future,” Subramanian said in a series of…



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