Temporary Decline in India's Per Capita GDP Compared to Bangladesh's is No Major Worry, but There are Other Challenges

Projections by the IMF suggest that India is among the worst-affected developing countries due to the lockdown and our economy is expected to contract by a little more than ten per cent in the current fiscal. As a natural effect of the decline in GDP, our per capita GDP is also expected to decline to USD 1,877 as against USD 1,888 for Bangladesh.

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