Bangladesh Economy

Not that I wish any ill for our Bangladeshi friends but I think Modi's govt missed a trick wrt textiles industry. We have already seen how a modest amount of subsidy in the form of PLIs has given a disproportionate boost to our smartphone markets. A similar amount of subsidy and well targeted incentives could have really boosted our RMG and leather goods segment (both natural and manmade textiles/leather footwear). This would have been more important for our employment creation rather than the CAD/forex.

Regards

@Sam6536 @Prince_ @sentry
 
SoulSpokesman said:
Not that I wish any ill for our Bangladeshi friends but I think Modi's govt missed a trick wrt textiles industry. We have already seen how a modest amount of subsidy in the form of PLIs has given a disproportionate boost to our smartphone markets. A similar amount of subsidy and well targeted incentives could have really boosted our RMG and leather goods segment (both natural and manmade textiles/leather footwear). This would have been more important for our employment creation rather than the CAD/forex.

Regards

@Sam6536 @Prince_ @sentry
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It will be done now given we were disadvantaged because of tariff situation. India is now through FTA's negotiating opening up labor incentive sectors. These deals.are actually be more important than any incentive that GOI can give.
 
Meengla said:
Right.
I am sad to see BD's financial stress these days--no Pakistani takes joy in BD's problems. But I am not surprised at all if the OP is correct. Every place I have seen 'revolutions' or violent overthrow of govt I have seen even worse conditions after the initial success. BD was suffering a lot due to Hasina-Khalida long rivalry, just as Pakistan fell behind due to Nawaz-Benazir long rivalry.
I don't at all like Hasina but it seems she had stabilized the situation and propelled BD; what was required was stability, focus and continuity of policies and she did that. And based on BD under her and based on India's stability and liberalization since the early 90s, I have formed my own political path forward for Pakistan and I am not shy to express those here.
Best of luck to BD!
Click to expand...

If only you had factual understanding of BD's internal politics and economics and state apparatus during Hassina era and post Hassina era, you would have had different conclusions. None of the things you claim she did, matches reality. Whatever progress BD made in last 15 years (which is very little) is despite of her, not because of her.

I mean, what does it even mean she stabilized the country? One could technically say, Kim Jong un has also stabilised North Korea. Doesn't mean it is good. Only thing Hassina propelled BD into is total breakdown of state institutions and corruption at scale second to none. That is without even mentioning the gross human right violation and other terrible things she did.

All the macro indicators are positive under IG compared to the chaos she left us in.
 
Afif said:
I mean, what does it even mean she stabilized the country? One could technically say, Kim Jong un has also stabilised North Korea. Doesn't mean it is good. Only thing Hassina propelled BD into is total breakdown of state institutions and corruption at scale second to none. That is without even mentioning the gross human right violation and other terrible things she did.
All the macro indicators are positive under IG compared to the chaos she left us in.
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Firstly, I must confess I don't follow BD much. I have generally best wishes for BD, regardless of who rules there.
But from the 'visuals' I have seen and the general economic news, the BD during Hasina looks better much than the BD pre Hasina. As I said, I am not fan of Hasina: She appears like a vindictive, cruel person to have hanged old people from a decades old 1971 conflict, but it appears her rule significantly helped BD. BTW, I don't give much of consideration to the typical third-world corruption--neither in BD, nor in India, nor in Pakistan. The worst corruption, in my understanding, is political chaos, the anarchy, the fake 'revolutions', and thus posts here about the path forward for Pakistan reflect that.
As to North Korea, it is much more livable country than many so-called 'democratic' countries, but that's for another debate.
 
@Meengla sb

As to North Korea, it is much more livable country than many so-called 'democratic' countries,

As long as one can keep his mouth shut, which doesn't suit us desis too much.

but that's for another debate.

That is one commodity which must be avoided at all cost in DPRK.

Regards
 
Meengla said:
but it appears her rule significantly helped BD.
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Exactly. it appears but it isn't. Fascist BAL paid extra attention to cosmetic appearance and propaganda of their hyper corruption ridden mega projects with the help of indian media. Thats it. Some of those mega projects are pure white elephant prestige projects for looting. For example Karnaphuli Tunnel.
.
Fascists destroyed our banking sector, our government institutions, our economic foundation.
.
In fascist era, we were forced to purchase 1 kilo green chili for 1200 taka, under D. Yunus it never crossed 150 taka. In fascist era, 1 kilo potato was 100 taka, under D. Yunus 1 kilo potato rarely crossed 20 taka. And most importantly in fascist era we were forced to buy india onion for 100-300 taka per kilo (price fluctuated), under D. Yunus we are purchasing our local deshi onion for 50-100 taka per kilo.
.
D. Yunus gave us a necessary reboot. Next government will get a good foundation to build on...
 
Prince_ said:
Get lost, idiot. Even if you had a single f##king brain cell, I might’ve bothered refuting your pathetic point. Keep sucking that special dark place of your US appointed masters where the sun doesn’t shine — while they keep destroying every single sector in the country — instead of trying to get my attention. U aren't worthy of it.
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lol yes, licking Indian ass is very high IQ, dumbass.

Why don’t you get lost, every single time you bring in India and praise them, that’s very high IQ sarrr.

Go and be an Indian, bangaboltu mujib supporter.
 
AbuShalehRumi said:
Breaking news:
.
Bangladesh secures zero-tariff US access for garments made with American cotton, reshaping its export landscape. 🙂
.
I will post detailed information later.
Click to expand...
So it’s confirmed now.

Congrats to Dr. Younus & gang.
 
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In addition, the US committed to establishing a mechanism for certain textile and apparel goods from Bangladesh using US produced cotton and man-made fiber to receive zero reciprocal tariff in US market.

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SoulSpokesman said:
Not a fan of Dr Yunus- but an excellent piece of work by his govt. Good deal to tie up! Give credit where it is due.

Regards
Click to expand...
Yes, even we " puncture-putras" get it right once in a while.
As you have doubtless guessed, I have a "certificate" in
"puncture-repairology".
 
c14-Isotope said:
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In addition, the US committed to establishing a mechanism for certain textile and apparel goods from Bangladesh using US produced cotton and man-made fiber to receive zero reciprocal tariff in US market.

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Click to expand...


1000056555.jpg
 
@c14-Isotope

the US committed to establishing a mechanism for certain textile and apparel goods from Bangladesh using US produced cotton and man-made fiber to receive zero reciprocal tariff in US market.

I believe it is sort of a given. That if you are an exporter to US, if you are using US produced goods as intermediates, it is duty exempt to the extent of value of US inputs.

@Baibers_1260

As you have doubtless guessed, I have a "certificate" in "puncture- repairology".

No. The only thing I have guessed is that you are heavily traumatised by the HIndu.

Regards
 
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