Falling behind

India should learn from Bangladesh's resilience and growth

The International Monetary Fund (IMF), in its World Economic Outlook, has projected that gross domestic product in India will fall further than in any other major global economy during the pandemic, other than the two early and intense epicentres of the disease, Spain and Italy. This is a reflection on the difficulties involved with restarting economic activity in a large and diverse country following the severe lockdown instituted in March. It also reflects the specifics of the growth path that India has followed in recent years, and the larger questions about the sustainability of growth in India. The comparison with