Monday, Feb 18 2019 | Time 18:25 Hrs(IST)
  • LMRC gets fire NOC for all 13 stations
  • LIC employee suspended for posting objectionable comment on Pulwama
  • Govt working to double steel production to 300 MT by 2031: Singh
  • US embassy in Russia says to provide consular support to Calvey detained in Russia
  • Arunachal Pradesh: Focal point of Congress campaign will be CAB
  • Pulwama encounter: 4 soldiers, two JeM militants among 7 killed, DIG police injured
  • Mishap claims 6
  • Traders close business against Pulwama attack
  • Traders’ body call for shutdown in Kolhapur as city remembers Pulwama attack martyrs
  • Blazer wins 1400 mts 'Alcock Arabian Million'
  • Cong asks Rajnath Singh to intervene in Puducherry CM's agitation against Lt Governor
  • Pulwama attack : Amarinder says this is time to act, not talk
  • Indo-Pak buses diverted on link roads due to shobha yatras in Phagwara
  • Assam Assembly mourns Pulwama victims
  • HAL CMD Madhavan calls to emulate Israeli Model to tap huge global Aerospace and Aviation business opportunities
States » East Share

Trade and businesses between India and Bangladesh on upward graph

Kolkata, Dec 11 (UNI) High Commissioner of India to Bangladesh Harsh Vardhan Shringla today said the bilateral trade and export between India and Bangladesh has increased around 40 per cent in recent years.
Addressing an interactive sessions here, organized by the Indian Chamber of Commerce (ICC), Mr Shringla pointed out that Bangladesh’s export to India has also witnessed almost 100 per cent growth, while India has invested $8 billion in Bangladesh, mostly for the development of infrastructure and logistics.
Listing the growth due to cordial relations between the two neighbouring nations, Mr Shringla said the
private investments have also gone up significantly.
Navy to navy cooperation between the two countries was also very well founded, he said, with very humane policy of returning fishermen on both sides and strong people to people ties between the two nations.
He mentioned that visa offered by India to the Bangladeshi citizens has increased to 14 lakh in 2017 from around 5 lakhs in 2016, nearly three folds in just one year with nearly 30 lakh Bangladeshi tourists visited India last year.
The Indian diplomat opined that the economy of Bangladesh has undergone phenomenal change, growing nearly 8 per cent per year. The GDP growth per capita has increased from around $515 to $750 in the last ten years, and poverty rate has fallen from 40 pc to around 20 pc.

Mr Shringla felt that growth of the economy, coupled with improved rail and water connectivity between the two nations has opened new opportunities for the Indian industry to take advantage of the concentrated economic market in Bangladesh. He appreciated ICC’s role in enhancing India’s economic partnership with Bangladesh.

More News

Arunachal Pradesh: Focal point of Congress campaign will be CAB

18 Feb 2019 | 6:12 PM

Itanagar, Feb 18 (UNI) In poll bound Arunachal Pradesh, focal point of Congress campaign in the upcoming assembly as well Lok Sabha polls will be the Citizenship Amendment Bill, 2016 (CAB).

 Sharesee more..

Traders close business against Pulwama attack

18 Feb 2019 | 6:06 PM

Guwahati, Feb 18 (UNI) Business establishments across Assam today downed their shutters in response to an all India trade bandh against the Pulwama terror attack.

 Sharesee more..

Assam Assembly mourns Pulwama victims

18 Feb 2019 | 5:59 PM

Guwahati, Feb 18 (UNI) The Assam Legislative Assembly today observed a minute silence in memory of the victims of Pulwama terror attack.

 Sharesee more..

Odisha govt to continue paddy procurement to prevent distress sale

18 Feb 2019 | 5:51 PM

Bhubaneswar, Feb 18 (UNI) Odisha government today decided to continue paddy procurement operation till the entire paddy is procured from the farmers in a bid to prevent distress sale of paddy.

 Sharesee more..

Farmers' income to double with implementation of agriculture roadmap schemes

18 Feb 2019 | 5:37 PM

Patna, Feb 18 (UNI) Bihar Agriculture Minister Prem Kumar today said that farmers' income in the state would be doubled once all schemes under agriculture roadmap were implemented by year 2022.

 Sharesee more..