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How Long Will India Hold South Asia Back?

Updated on March 20, 2015

India, often termed by Indian Media as the next superpower. However, Indian Socioeconomic and standard of living doesn't really make it much persuasive as the next global superpower. India, a country populated with 1.3 billion people and 1.5% growth annually is being pushed to the brink and Media is playing a big role behind it. Unfortunately, it's in a state of denial. What's more unfortunate is India looks like a giant but pitiful neighbor when compared to Pakistan, Bangladesh, Sri Lanka, Nepal and China.

Pakistan

How much Indians deny, Their western neighbor Pakistan has always been economically more prosperous than India. With lower poverty rate and more public facilities such as Sanitation, housing and infrastructure, Pakistan has always been ahead of India. Under $2 Day: India: 75.6% Pakistan: 60.19%

Bangladesh

Bangladesh, once was much poorer than India today looks back and find India stuck at the same place. Bangladesh's economic and social development has been hailed by World Bank and other International Organizations. Bangladesh have cut down it's poverty rate by half and attained GDP growth of 6% annually for last 15 years. Under $2 Day: India: 75.6% Bangladesh: 49.6%


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    • Goodpal profile image

      Goodpal 

      3 years ago

      Yes, the lethargy comes from the tremendous diversity of culture and traditions. Had it been a society with relatively less diversity or mono-culture like the US, it would have advanced much speedily. The capital market economy has also added to the lopsided distribution of wealth and extreme inequality, like everywhere else.

      More importantly, it has set the direction for development: will it be the usual GDP growth or a people centered development which is the most natural way to progress. Amartya Sen and Muhammad Yunus both can contribute significantly for real 'development' of people in this region.

    • profile imageAUTHOR

      futurebangladesh 

      3 years ago

      What Worries Me About India although they have a huge potential, they are holding themselves back. India can improve with better distribution of wealth and resources.

    • Goodpal profile image

      Goodpal 

      3 years ago

      Yes, that is a good thing but Bangladesh can aim bigger. It has a great culture and intelligent people. Why compare it with a terror breeding state like Pakistan or a giant lethargic India. Its people deserve better treatment than becoming ultra-cheap labor resource at the hand of garment exporters.

    • legalissues profile image

      Piyush Sharma 

      3 years ago from New Delhi

      Its really good! Bangladesh is developing. At least now Bangladeshi will not come to India as illegal immigrants.

    • Goodpal profile image

      Goodpal 

      3 years ago

      I congratulate Bangladeshi people for their success. It has done great in reducing fertility rates, all through the power of people development - particularly women. Here it beats even China which imposed One child policy and created long term social problems.

      However, it is time to go beyond GDP growth and adopt a people-centric development model. World Bank's income poverty lines are inadequate to tell much about the poor and their hardships; the multidimensional poverty index offers the best way to go about removing poverty.

      Finally, Muhammad Yunus's economic ideas are great and his micro-credit initiative is simply inspiring. Hope things will be much better in coming years in South Asian region.

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