Dehradun, Oct. 16 -- An IMF prediction that Bangladesh will overtake India's per capita GDP is being quoted not so much as how well that country has done, but how shameful for India to be left behind. By Bangladesh, no less! Apart from the fact, of course, that economists - particularly these days - are capable of only pointing out the negatives, while the positives are expected from those with the 'entrepreneurial spirit', there is much hidden in the reality.
Many reasons are being given for Bangladesh's 'successes' by the experts. However, many of them have missed India's massive contribution to it. First, by absorbing the massive overflow of population from that country and, secondly, by the enormous amount of remittances sent home by t...