Nepal, Sept. 10 -- Last week, a news report made the rounds in India and the world about Bangladesh topping the gross domestic product (GDP) growth rate in the past 10 years. The Indian media, and offline, did express surprise about this development and did not know how to react to projections by the Standard Chartered Bank that Bangladesh's per capita in 2030 would be higher than that of India. The Bangladeshi growth story is something that is being discussed, and there are lessons to be learnt from it.

Bangladesh's GDP has crossed the $300 billion mark (10 times that of Nepal) putting it among the top 40 economies of the world. By 2030, it is estimated that it will make it to the top 25 economies of the world. A lot of these numbers ha...