Officials criticized over IMF report

India’s gross domestic product (GDP) in terms of purchasing power parity (PPP) in 2019 was 11 times that of Bangladesh, government sources said.

In 2019, India’s GDP in terms of purchasing parity was 11 times that of Bangladesh while the population was 8 times that. In terms of purchasing power parity, India’s GDP per capita in 2020 is estimated by the IMF at $ 6,284 compared to $ 5,139 for Bangladesh, government sources said.

The IMF has estimated that India’s GDP will grow by 8.8% in 2021, double that of Bangladesh at 4.4%. Under the current government, GDP per capita has increased from 83 091 in 2014-15 to 108,620 in 2019-2020 – an increase of 30.7%. Under UPA 2, it had increased by 19.8%, government sources said.

Congress leader Rahul Gandhi on Wednesday criticized the Bharatiya Janata Party (BJP)-led center over the International Monetary Fund (IMF) by comparing the country’s gross domestic product (GDP) per capita with that of neighboring Bangladesh.

Sharing an IMF-World Economic Outlook projection, Gandhi said Bangladesh’s GDP per capita could exceed India’s in the coming years.

The IMF chart projects the GDP per capita of India and Bangladesh to be $ 1,888 for 2020.

Gandhi, through his tweet, attributed India’s drop in numbers to the BJP’s political agenda which he says has been implemented during his six-year rule at the Center.

“A solid achievement of six years of BJP hate cultural nationalism: Bangladesh is on the verge of overtaking India,” Gandhi said.

This story was posted from an agency feed with no text editing. Only the title has been changed.

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