Updated: May 21, 2021 10:40:33 pm
India has fallen behind its neighbour Bangladesh in terms of per capita income with the latter reporting its per capita income at $2,227 in the financial year 2020-21, according to reports.
According to reports, during a virtual cabinet meeting held under Prime Minister Sheikh Hasina, the new figures were presented by Planning Minister of Bangladesh MA Mannan.
Bangladesh had reported a per capita income of $2,064 in the previous fiscal year.
In 2007, the per capita income of Bangladesh was half of that of India.
In October last year, the International Monetary Fund had estimated that the per capita income of an average Bangladeshi citizen would be more than the per capita income of an average Indian citizen.
📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines
- The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.