Facts: Bangladesh was the first new country to be created after World War II. Bangladesh has achieved 50 years of independence. Why did East Pakistan demanded a separate country? Jinnah believed that religion is the most irrefutable instrument for nation-building. In erstwhile East Pakistan, he accused those who are promoting Bengali as an official language …
Context: Bangladesh jumped four places to become India’s fifth-largest export destination in the year 2021. While India’s exports to many of its traditional markets shrank because of the pandemic, its exports to Bangladesh reported an increase. Exports to Bangladesh grew 11% in the previous fiscal year even as India’s overall exports contracted 7% because of …
Rise of Bangladesh : Benefits for India – UPSC GS2 Read More »
Context: Bangladesh cleared a USD 200 million currency swap facility for Sri Lanka, to help boost its economy. Benefits: A currency swap is effectively a loan that Bangladesh will give to Sri Lanka in dollars, with an agreement that the debt will be repaid with interest in Sri Lankan rupees. For Sri Lanka, this is cheaper than borrowing from the market, and …
Bangladesh-Sri Lanka Currency Swap Agreement – UPSC GS2 Read More »
India and Bangladesh have several Border Haats across the border. Border Haats (or rural market) aims at promoting the well-being of the people dwelling in remote areas across the borders of two countries. It seeks to establish traditional system of marketing local produce thorough local markets in local currency or according to barter basis. Though …
Facts: Teesta is a river originating in Sikkim and flows through West Bengal and Bangladesh. Around 83% of the river’s catchment lies in India and 17% in Bangladesh. India has a higher share of about 55% of the river’s water. The Teesta water dispute is the most contentious issue between India and Bangladesh. However, the Teesta …
Background India played an important role in Bangladesh’s independence. India provided political, diplomatic, military and humanitarian support during Bangladesh’s Liberation War. For example, India lost 3,900 Indian soldiers and provided accommodation to an estimated 10 million Bangladeshi refugees. Following Bangladesh’s Independence, India- Bangladesh bilateral relation had many high and lows. For example, during President Sheikh Mujibur Rahman (1st Bangladesh …