Bangladesh requires India In Overall wealth Essay

Bangladesh overtakes India in general prosperity

This content was published on the Daily Star magazine on Mon, November four, 2013. Bangladesh has overtaken India for the prosperity Index in the year 2013. This index is compiled by London-based Legatum Institution which will takes under consideration 142 countries based on variety of factors which include wealth, economical growth, personal wellbeing and quality of life. Bangladesh came in for 103, three spots over India and nearly 35 spots previously mentioned Pakistan, who also came in in 132. This is certainly an accomplishment for Bangladesh for the reason that country's gross national profits per capita amounts in order to half regarding India. Furthermore Bangladeshis not only live three or more. 4 years longer than Indians, but fewer are undernourished, a lower number die in infancy and more have access to sterilization. From the document we noticed that Bangladesh has overtaken India in overall wealth, but there are a few issues that Bangladesh should be concerned like remittance. Bangladesh ought to increase the remittance flow, since remittance may play a vital role in developing a country's economy and it can likewise help to improve the living regular of people. And so the government of Bangladesh ought to be concerned to improve the remittance flow as it could lead to a proper economy. The garment industry which is known as the biggest foreign trade for Bangladesh should come into a solution. The ongoing unrest in the garments sector forced the buyers to shift their very own orders outside the house Bangladesh, that will adversely affect the Bangladesh economic climate. To solve the ongoing problem BGMEA and the control union should come to do something; they both can together solve the condition by speaking about and then appear in a shared agreement. This may help to fix the problems.

One more factor wherever Bangladesh can easily improve is political unrest. The personal unrest or strike forced the business individuals to shutdown their business. This is actually hampering the economy badly. The political...



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