Indian Economics thread.

[Nobo]

All the neighbouring countries of China has prospered because of their trade with China

Yea that's very true. And we would very much like to do that,only if there was a country worth trading with. I mean we have got Myanmar at one side but they are good for nothing at this moment. Nepal & Bhutan are too small, but we have good relation with both.
Unfortunately there are no other countries in our neighborhood,only that british leftover we have to deal with permanently.

 

[Chandragupt]

Yea that's very true. And we would very much like to do that,only if there was a country worth trading with. I mean we have got Myanmar at one side but they are good for nothing at this moment. Nepal & Bhutan are too small, but we have good relation with both.
Unfortunately there are no other countries in our neighborhood,only that british leftover we have to deal with permanently.

You may not like it I know Bangladeshis don’t like indians but India at this stage has way more advanced economy than Bangladesh understand it with an example
Total exports of Bangladesh is 41 billion dollars only while India’s software services export alone is more than 148 billion dollars in 2020-21

 

[Nobo]

You may not like it I know Bangladeshis don’t like indians but India at this stage has way more advanced economy than Bangladesh understand it with an example
Total exports of Bangladesh is 41 billion dollars only while India’s software services export alone is more than 148 billion dollars in 2020-21

Lol, yea we know, india's exports are all in helicopter money, like those netflix stock exchange.
May be soon india will become netflix stock exchange itself .

India has nothing that amount to anything real, its a british donated call center & IT complex. No use to us.
As i said, we dont compare ourselves to those.

 

[badoc]

You may not like it I know Bangladeshis don’t like indians but India at this stage has way more advanced economy than Bangladesh understand it with an example
Total exports of Bangladesh is 41 billion dollars only while India’s software services export alone is more than 148 billion dollars in 2020-21

Haha.
For heaven's sake, with that big population size disparity you should compare using per capita, or you should compare India with another with similar size.
How about compare India with that same sized country to your north.

Give credit where credit is due.
Bangladesh has done well.
.

 

[Nobo]

Haha.
For heaven's sake, with that big population size disparity you should compare using per capita, or you should compare India with another with similar size.

That's ok. Even with their "big" population,with all the british donation, they are too "small".
We should be able to able to overrun them by next one & half or two decade.

 

[Chandragupt]

Haha.
For heaven's sake, with that big population size disparity you should compare using per capita, or you should compare India with another with similar size.
How about compare India with that same sized country to your north.

Give credit where credit is due.
Bangladesh has done well.
.

I am accepting the fact that Bangladesh has done well but it’s still too early to compare with india it’s just like india comparing itself with China
And i compared software exports of india with overall exports of Bangladesh
India's overall exports (Merchandise and Services) touched an all-time high of USD 669.65 Billion in April-March 2021-22

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While total exports of Bangladesh is worth 41.2 billion dollars only , so even if you take population into account Bangladesh’s export is still very low in comparison to India
The most recent exports are led by

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($5.75B),

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($5.74B),

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($4.91B),

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($4.63B), and

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($2.45B). The most common destination for the exports of Bangladesh are

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($6.59B),

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($6.25B),

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($3.05B),

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($2.95B), and

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($2.27B).

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@Nobo
Can you compare these items with high tech software and space technology exports of India ?

 

[Nobo]

Can you compare these items with high tech software and space technology exports of India ?

No. We prefer basic things first.

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before launching rockets,unlike some other
Even north korea can launch hyper sonic missiles these days

 

[gelgoog]

While total exports of Bangladesh is worth 41.2 billion dollars only , so even if you take population into account Bangladesh’s export is still very low in comparison to India
The most recent exports are led by Non-Knit Men's Suits ($5.75B), Knit T-shirts ($5.74B), Knit Sweaters ($4.91B), Non-Knit Women's Suits ($4.63B), and Knit Women's Suits ($2.45B). The most common destination for the exports of Bangladesh are Germany ($6.59B), United States ($6.25B), United Kingdom ($3.05B), Spain ($2.95B), and Poland ($2.27B).
...
Can you compare these items with high tech software and space technology exports of India ?

We are kind of pulling your leg here. India does have more GDP per capita in PPP terms than Bangladesh does. Just not in USD terms.

But I would not be as dismissive of Bangladesh's potential here as you are. Bangladesh's main issue is lack of cheap energy. For that reason its main commodities exports are labor intensive, but low energy requirement, things like apparel. But over the past decade they basically more than doubled their electricity generation. And they are currently building several modern coal, gas, and nuclear power plants which should become operational over the next two years and further increase their electric generation. So the capability to support more energy intensive industries will be there.

 

[Chandragupt]

We are kind of pulling your leg here. India does have more GDP per capita in PPP terms than Bangladesh does. Just not in USD terms.

But I would not be as dismissive of Bangladesh's potential here as you are. Bangladesh's main issue is lack of cheap energy. For that reason its main commodities exports are labor intensive, but low energy requirement, things like apparel. But over the past decade they basically more than doubled their electricity generation. And they are currently building several modern coal, gas, and nuclear power plants which should become operational over the next two years and further increase their electric generation. So the capability to support more energy intensive industries will be there.

Bangladesh can develop only when it completely aligns with China
and China should also try to establish a rail road connectivity with Bangladesh either via Myanmar or Via India
China has the technology and the capital to transform Bangladesh
But Bangladeshis literally believe that Bangladesh already is Asian tiger and it has already overtaken India
a country suffering from this kind of delusion will never develop Pakistan is the best example of this mentality they believe islamic economy and Islamic millitary will always be superior to non islamic one

 

[Andy1974]

Bangladesh can develop only when it completely aligns with China
and China should also try to establish a rail road connectivity with Bangladesh either via Myanmar or Via India
China has the technology and the capital to transform Bangladesh
But Bangladeshis literally believe that Bangladesh already is Asian tiger and it has already overtaken India
a country suffering from this kind of delusion will never develop Pakistan is the best example of this mentality they believe islamic economy and Islamic millitary will always be superior to non islamic one

Guys, this person is a master troll.