Skip to main content

Bangladesh’s impressive economic growth is crucial for India’s North East region

By IMPRI Team 

The Rise of Bangladesh and its Implications for India’s North East session was organised by #IMPRI Centre for International Relation and Strategic Studies (CIRSS), IMPRI Impact and Policy Research Institute, New Delhi on the 15th of June, 2023. The session was inaugurated by Jiyan Roytalukdar, a researcher at IMPRI, who welcomed the speakers and participants to the program with an introduction of distinguished panelists.
The dialogue was commenced by the Chair, Ambassador Riva Ganguly Das, Former Secretary (East), MEA & Indian High Commissioner to Bangladesh, New Delhi. In her opening remarks, she shared her curiosity over the rise of Bangladesh in South Asia, it’s sustaining and increasing economic growth, the success rate of inviting foreign investment and development of its industries, and lastly, the impact of Partition on the political, economic and security facets of Bangladesh and India’s North East.
Ambassador Riva Ganguly Das had now set the stage for the discussion between the panelists and participants to engage and participate.

Panelist 1 | Professor Mustafizur Rahman

Professor Mustafizur Rahman, Distinguished Fellow, Center for Policy Dialogue (CPD) Dhaka, began the dialogue with his opening remarks, addressing Bangladesh’s impressive economic growth over the past decade and a half. Prof. Rahman initiated his talk by stating the economic graduations experienced by Bangladesh since 2015, about how a country born out of adversity can develop, then, therefore, any country can develop and flourish.
While discussing India and Bangladesh’s friendship in this competitive era of benefits, the two nations share the World’s fifth-longest border. Focusing on the political and economic variation of the two nations, a shared commonality till the present day stands to be the Jakhar Cement Factory, in Bangladesh, which still has its linkages in Meghalaya, Assam.
Professor Rahman elaborated on how Bangladesh’s development discourse has evolved and progressed over the past decade and a half. How port and transport development has contributed to the country’s economic prosperity. He further added, the Chhattogram and Sylhet ports of Bangladesh, boosted connectivity between Bangladesh and India’s North East and the two countries signed an agreement in 2019 to extend transit through Indian territory to Nepal and Bhutan. He concluded his talk by drawing inspiration from the title, “Rise of Bangladesh”, which is an opportunity for both Bangladesh and India’s North East.

Panelist 2 | Professor Prabir De

Professor Prabir De, Professor, Research and Information Systems for Developing Countries (RIS), New Delhi, gave us a presentation covering the development in critical sectors that have led to the rise in Bangladesh. He emphasised Bangladesh’s poverty reduction and economic progress, particularly in the industrial industry. He further stated that Bangladesh’s progress has contributed to its economic prosperity and strengthened its security.
Tripura’s connectivity linkages with Bangladesh are crucial for India’s North East. It promotes third-world trade by rail, road (IWT), and digital means. Airports like Agartala serve as regional hubs for both Bangladesh and India’s North East, whereas, the latter serves as a hub for education, health, and tourism. Sabroom will eventually serve as an economic hub, industrial and rail transit center.
Professor De further elaborated on the Protocol on Inland Waterways Transit Trade, PIWIT, which helps promote intra-state trade between Bangladesh and India’s North East. The Indo-Bangladesh Coastal Shipping Agreement, signed in 2015 facilitates the direct coastal movement of goods between India, India’s Eastern Region, and Bangladesh through ports. He further added the Agreement of Chattogram and Mongla incorporated the Chattogram and Mongla ports into this framework. Thus, enhancing trade and supply chains in the region.
He concluded his presentation by stating the challenges that would arise in this expanding partnership between Bangladesh and India’s North East, as well as how the rise of Bangladesh would be of tremendous advantage for India’s North Eastern Region.
The discussion was followed by a question and answer session. Two important questions, one about the Padma River Bridge and the second about the People to people’s connection between India and Bangladesh were answered.
Closing the session, Jiyan Roytalukdar thanked the panel members for their insightful sessions, and the program ended with a vote of thanks.
---
Acknowledge: Narayani, a research intern at IMPRI

Comments

TRENDING

Misleading ads 'manipulate, seduce, lure' to market unhealthy harmful food

By Our Representative  The Nutrition Advocacy in Public Interest (NAPI) in its new report “50 Shades of Food Advertising” has sought to expose how seductive, luring, manipulative or deceptive these advertisements can be. Consequences of such advertising are increased intake of unhealthy food products that is associated with obesity and diabetes, it says. 

Swami Vivekananda's views on caste and sexuality were 'painfully' regressive

By Bhaskar Sur* Swami Vivekananda now belongs more to the modern Hindu mythology than reality. It makes a daunting job to discover the real human being who knew unemployment, humiliation of losing a teaching job for 'incompetence', longed in vain for the bliss of a happy conjugal life only to suffer the consequent frustration.

Why's Govt of India reluctant to consider battery storage system for renewal energy?

By Shankar Sharma*  If having so many small size battery energy storage system (BESS) at different locations of the grid, as in the report from Australia (a portfolio of 27 small battery storage projects across three Australian states that will total arounds 270 MWh), is considered to be techno-economically attractive in a commercially driven market such as Australia, the question that becomes a lot more relevance to Indian scenario is: why are our planners not in favour of installing such small size BESS at most of the distribution sub-stations not only to accelerate the addition of RE power capacities, but also to minimise the need for large size solar/ wind power parks, dedicated transmission lines and pumped storage plants; which will also minimise the associated technical losses.

A Hindu alternative to Valentine's Day? 'Shiv-Parvati was first love marriage in Universe'

By Rajiv Shah*   The other day, I was searching on Google a quote on Maha Shivratri which I wanted to send to someone, a confirmed Shiv Bhakt, quite close to me -- with an underlying message to act positively instead of being negative. On top of the search, I chanced upon an article in, imagine!, a Nashik Corporation site which offered me something very unusual. 

'Failure of governance': India, China account for 54% pollution-related deaths globally

By Vikas Parsaram Meshram*   A recent report jointly prepared by UNICEF and the independent research organization Health Effects Institute has been released, and the statistics within it are alarming. It states that in 2021, air pollution caused the deaths of 2.1 million Indians, including 169,000 children who hadn't yet fully experienced life. These figures are indeed distressing and raise questions about why there hasn't been more serious effort in this direction, putting policymakers to shame. 

New MVA-INDIA MPs asked to raise Maharashtra milk farmers' demand

By Our Representative  All-India Kisan Sabha (AIKS) national president Dr Ashok Dhawale and AIKS Maharashtra general secretary Dr Ajit Nawale have asked three newly-elected MPs of the Maha Vikas Aghadi (MVA-INDIA) from the milk belt of Maharashtra Dr Amol Kolhe (NCP),  Bhausaheb Wakchaure (SS), and Nilesh Lanke (NCP), to take up the cause of milk farmers of Maharashtra in Parliament.  After congratulating them on their resounding victory over their BJP-NDA rivals, the AIKS leaders apprised them of the milk farmers struggle which is intensifying in the state under the leadership of the AIKS and the Milk Farmers Joint Struggle Committee, and requested them to support it. All three MPs agreed not only to support, but also to take the initiative in this struggle, an official AIKS communique claimed. Farmers in Maharashtra are currently getting as low as Rs 24-27 per litre for cow milk, which is being sold in the market for Rs 56-60 per litre, the AIKS leaders noted. The low price to farmer

Report suggests Indian democracy 'hasn't achieved' equitable economic decentralization

By Vikas Parsaram Meshram  The news that the current economic inequality in the country is worse than during British rule is unsettling. This suggests the harsh reality that our democracy has not achieved equitable economic decentralization. A recent report by Thomas Piketty and three other economists reveals shocking findings: in 2023-24, the top 1% of the wealthiest people in India hold 40% of the nation's wealth, with a 22.6% share in income.