• Contact
DD Freedish News
Advertisement
  • Contact
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
    • Home – Layout 6
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    CFD Market

    Four Reasons you should not blame the CFD Market

    Indonesia Sriwijaya Black Boxes Found Along With Other Human Remains

    Indonesia Sriwijaya Black Boxes Found Along With Other Human Remains

    Money Transfer

    What Problems Could We Face Usually in Online Money Transfer & How to Counter?

    New Coronavirus Variant

    New Coronavirus Variant Found in England Is Spreading Very Fast

    Hillary Clinton in white pantsuit for Trump inauguration

    Amazon has 143 billion reasons to keep adding more perks to Prime

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup
    progressive web application

    10 Best Progressive Web Apps

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    Heroes of the Storm Global Championship 2017 starts tomorrow, here’s what you need to know

    Harnessing the power of VR with Power Rangers and Snapdragon 835

    So you want to be a startup investor? Here are things you should know

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    Easy To Bake Vegan Cake Recipe

    Easy To Bake Vegan Cake Recipe

    Foods Rich in Iron

    Foods Rich in Iron

    kegel exercises for men

    Kegel Exercises For Men

    Amazing Benefits of Replacing Regular Shampoo with Organic Shampoo

    Amazing Benefits of Replacing Regular Shampoo with Organic Shampoo

    High Blood Pressure Causes

    High Blood Pressure Causes

    Symptoms of MS in Women

    Symptoms of MS in Women

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • Esports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
  • Contact
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
    • Home – Layout 6
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    CFD Market

    Four Reasons you should not blame the CFD Market

    Indonesia Sriwijaya Black Boxes Found Along With Other Human Remains

    Indonesia Sriwijaya Black Boxes Found Along With Other Human Remains

    Money Transfer

    What Problems Could We Face Usually in Online Money Transfer & How to Counter?

    New Coronavirus Variant

    New Coronavirus Variant Found in England Is Spreading Very Fast

    Hillary Clinton in white pantsuit for Trump inauguration

    Amazon has 143 billion reasons to keep adding more perks to Prime

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup
    progressive web application

    10 Best Progressive Web Apps

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    Heroes of the Storm Global Championship 2017 starts tomorrow, here’s what you need to know

    Harnessing the power of VR with Power Rangers and Snapdragon 835

    So you want to be a startup investor? Here are things you should know

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    Easy To Bake Vegan Cake Recipe

    Easy To Bake Vegan Cake Recipe

    Foods Rich in Iron

    Foods Rich in Iron

    kegel exercises for men

    Kegel Exercises For Men

    Amazing Benefits of Replacing Regular Shampoo with Organic Shampoo

    Amazing Benefits of Replacing Regular Shampoo with Organic Shampoo

    High Blood Pressure Causes

    High Blood Pressure Causes

    Symptoms of MS in Women

    Symptoms of MS in Women

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • Esports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
DD Freedish News
No Result
View All Result
Home Uncategorized

India’s GDP 11 times more than Bangladesh in purchasing power parity terms, say govt sources

admin by admin
October 30, 2020
in Uncategorized
0
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

India’s GDP 11 times more than Bangladesh in purchasing power parity terms, say govt sources

The government sources said this in the backdrop of IMF’s growth projections showing Bangladesh closing in on India in terms of per capita GDP this year.

New Delhi: India’s Gross Domestic Product (GDP) in terms of purchasing power parity was 11 times more than that of Bangladesh in 2019, government sources said on Wednesday as they played down IMF projections of India slipping below the neighbouring nation on per capita GDP this year.

Earlier in the day in a tweet, Congress leader Rahul Gandhi took a dig at the government over IMF growth projections showing Bangladesh closing in on India in terms of per capita GDP this year and described it as a “solid achievement” of six years of BJP”s “hate-filled cultural nationalism”.

The government sources, on their part, emphasised that under the Modi government, the per capita GDP has increased from Rs 83,091 in 2014-15 to Rs 1,08,620 in 2019-20, representing an increase of 30.7 percent.

In 2019, India’s GDP in Purchasing Power Parity (PPP) terms was 11 times more than that of Bangladesh while the population was eight times more. In PPP terms, India’s per capita GDP in 2020 is estimated by IMF at USD 6,284 as compared to USD 5,139 for Bangladesh, according to the sources.

Under UPA 2, the sources said that it had increased from Rs 65,394 in 2009-10 to Rs 78,348 in 2013-14 which is an increase of 19.8 percent.

The International Monetary Fund (IMF) has estimated India’s GDP to grow at 8.8 percent in 2021, twice that of Bangladesh at 4.4 percent, they added.

READ  Government warns Twitter against misinterpreting India’s map after it displayed Leh as a part of China- Technology News, DD FreedishNews

According to the IMF, India is set to drop below Bangladesh in terms of per capita Gross Domestic Product (GDP) as the economy is projected to contract by a massive 10.3 percent this year.

IMF’s forecast for India – a huge downward revision from its previous prediction in June – is also the biggest contraction projected among major emerging markets amid the COVID-19 pandemic.

However, India is likely to bounce back with an impressive 8.8 percent growth rate in 2021, thus regaining the position of the fastest-growing emerging economy, surpassing China’s projected growth rate of 8.2 percent, the IMF said in its latest ”World Economic Outlook” report.

Released ahead of the annual meetings of IMF and the World Bank, the report said global growth would contract by 4.4 percent this year and bounce back to 5.2 percent in 2021.

America’s economy is projected to contract by 5.8 percent in 2020 and grow by 3.9 percent the next year, IMF said.

China is the only country, among the major economies, to show a positive growth rate of 1.9 percent in 2020, it said.

IMF in its report said that revisions to the forecast are particularly large for India, where GDP contracted much more severely than expected in the second quarter.

“As a result, the economy is projected to contract by 10.3 percent in 2020, before rebounding by 8.8 percent in 2021,” it said.

In 2019, India’s growth rate was 4.2 percent.

Last week, the World Bank said India’s GDP this fiscal is expected to contract by 9.6 percent.

READ  GoI in talks with publishers for access to quality journals for India's researchers, citizens- Technology News, DD FreedishNews

“India’s GDP is expected to contract 9.6 percent in the fiscal year that started in March,” the World Bank said in its latest issue of the South Asia Economic Focus report.

The Reserve Bank of India has projected the country’s economy to contract by 9.5 percent in the current financial year.

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

#Indias #GDP #times #Bangladesh #purchasing #power #parity #terms #govt #sources

Tags: BangladeshGDPgovtIndiasparityPowerpurchasingsourcestermstimes
Previous Post

US Election 2020 may emerge as referendum on racial justice and equality in America

Next Post

Newly discovered Earth-like rogue planet might be smallest free floating world- Technology News, DD FreedishNews

admin

admin

Next Post

Newly discovered Earth-like rogue planet might be smallest free floating world- Technology News, DD FreedishNews

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 79 Followers
  • 93.2k Subscribers
  • 22.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

Filmyzilla 2020: FilmyZilla Bollywood Hollywood Hindi Dubbed Movies Download Movies from Filmyzilla Movie …

April 20, 2020

Sony Wah and Star Utsav Movies will Back on DD Freedish?

June 13, 2020

14 New Channels coming soon on DD Freedish DTH Platform

June 21, 2020

Tamilrockers 2020: Download Latest Bollywood Hollywood Tamil Movies

January 7, 2021

Thees channels can be added in 28th Eauction DD Freedish.

40

14 new channels going to add soon on next e-auction

22

Good News 250 Tv channels comming soon on DD Freedish

14

Pogo tv is soon going to be Free To Air Channel & it will get add on DD Freedish soon

13
Gift ideas for friends who are turning 40 this year

Gift ideas for friends who are turning 40 this year

January 20, 2021
3 Achievable Financial Goals for 2021

3 Achievable Financial Goals for 2021

January 19, 2021
Easy To Bake Vegan Cake Recipe

Easy To Bake Vegan Cake Recipe

January 19, 2021
CFD Market

Four Reasons you should not blame the CFD Market

January 18, 2021

Recent News

Gift ideas for friends who are turning 40 this year

Gift ideas for friends who are turning 40 this year

January 20, 2021
3 Achievable Financial Goals for 2021

3 Achievable Financial Goals for 2021

January 19, 2021
Easy To Bake Vegan Cake Recipe

Easy To Bake Vegan Cake Recipe

January 19, 2021
CFD Market

Four Reasons you should not blame the CFD Market

January 18, 2021
DD Freedish News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Recent News

Gift ideas for friends who are turning 40 this year

Gift ideas for friends who are turning 40 this year

January 20, 2021
3 Achievable Financial Goals for 2021

3 Achievable Financial Goals for 2021

January 19, 2021
  • Contact

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

Read previous post:
US Election 2020 may emerge as referendum on racial justice and equality in America

US Election 2020 may emerge as referendum on racial justice and equality in America Omari Barksdale, a Black man who...

Close