Per capita GDP increased by over 30%: Officials on criticism over IMF report
In purchasing power parity terms, India’s per capita GDP in 2020 is estimated by IMF at $6284 compared to $5139 for Bangladesh
India’s Gross Domestic Product (GDP) in terms of Purchasing power parity (PPP) in 2019 was 11 times more than Bangladesh, said government sources.
In 2019, India’s GDP in buying equality terms was multiple times a greater amount of Bangladesh while the populace was multiple times more. In buying power equality terms, India’s per capita GDP in 2020 is assessed by IMF at $6284 contrasted with $5139 for Bangladesh, government sources said.
IMF has assessed India’s GDP to develop at 8.8 percent in 2021, twice that of Bangladesh at 4.4 percent. Under the current government, Per Capita GDP expanded from ₹83,091 in 2014-15 to ₹1,08,620 in 2019-20 – an expansion of 30.7 percent. Under UPA 2, it had expanded by 19.8 percent, the administration sources said.
Congress pioneer Rahul Gandhi on Wednesday attacked the Bharatiya Janata Party (BJP) drove Center over the International Monetary Fund (IMF) examination of the nation’s per capita Gross Domestic Product (GDP) with that of neighboring Bangladesh.
Sharing a projection by the IMF-World Economic Outlook, Gandhi said that Bangladesh’s per capita GDP could overwhelm India’s in the coming years.
The IMF chart extends that the per capita GDP of the two India and Bangladesh would be at USD 1,888 for 2020.
Gandhi, through his tweet, credited the plunge in India’s numbers to BJP’s political plan which he said has been completed in the six years of its standard at the Center.
“Strong accomplishment of six years of BJP’s disdain filled social patriotism: Bangladesh set to overwhelm India,” Gandhi said.
This story has been distributed from a wire office feed without adjustments to the content. Just the feature has been changed.
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