Bangladesh outpaces India on per capita earnings

India has fallen behind its neighbour Bangladesh by way of per capita earnings with the latter reporting its per capita earnings at $2,227 within the monetary 12 months 2020-21, in line with experiences.
India’s per capita earnings stands at $1,947 which is $280 lower than that of Bangladesh, with the Covid-19 pandemic and the following lockdown inflicting a contraction in financial development.
According to experiences, throughout a digital cabinet assembly held underneath Prime Minister Sheikh Hasina, the brand new figures have been offered by Planning Minister of Bangladesh MA Mannan.
Bangladesh had reported a per capita earnings of $2,064 within the earlier fiscal 12 months.
In 2007, the per capita earnings of Bangladesh was half of that of India.
In October final 12 months, the International Monetary Fund had estimated that the per capita earnings of a mean Bangladeshi citizen could be greater than the per capita earnings of a mean Indian citizen.