- GS-2: India and its neighbourhood
- GS-3: Economy and issues relating to planning, mobilization, of resources, growth, development and employment.
Context: Bangladesh reached out to the International Monetary Fund (IMF) seeking help. According to an IMF press release, Bangladesh will receive economic assistance worth $4.5 billion (around Rs 37,000 crore).
- This is a significant reversal for an economy that overtook India’s in terms of per capita income in 2020.
Main Practice Question: Do you think that the current economic crisis in Bangladesh will have ripple effects on Indian Economy? What can India do it ensure that its neighbourhood is economically stable given that Sri Lanka is also facing similar issue?
Note: Write answer his question in the comment section.