TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Mamata's Misplaced Outrage: Bengal Burns While She Cries for Delhi

    Mamata’s Misplaced Outrage: Bengal Burns While She Cries for Delhi

    Pakistani Cousin Marriages Flood UK with Birth Defects

    Pakistani Cousin Marriages Flood UK with Birth Defects, 3% Community Blamed for 33% Cases

    Congress Infighting Continues: Karti Criticizes Siddaramaiah’s Chicken & Egg Rice Scheme for Stray Dogs

    Congress Infighting Continues: Karti Criticizes Siddaramaiah’s Chicken & Egg Rice Scheme for Stray Dogs

    Rajiv Gandhi's PMO was 'Den of Spies'

    Rajiv Gandhi’s PMO Was Infiltrated by Foreign Spies, Alleges BJP’s Nishikant Dubey

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Namibia Bets on Indian Tech: How UPI Will Revolutionise Its Economy and Boost India's Global Digital Clout

    Namibia Bets on Indian Tech: How UPI Will Revolutionise Its Economy and Boost India’s Global Digital Clout

    Opportunities for Youth in a Changing India

    Opportunities for Youth in a Changing India: Global Investment Expert Manu Seth Shares Insights

    Simple Legal Steps to Protect Your Brand in India

    Simple Legal Steps to Protect Your Brand in India

    Indian-Origin Tesla CFO Vaibhav Taneja Appointed Treasurer of Elon Musk’s 'America Party'

    Indian-Origin Tesla CFO Vaibhav Taneja Selected Treasurer of Elon Musk’s ‘America Party’

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    Decoy That Changed the Game: How India's AI-Powered X-Guard Neutralised Pakistani Air Threats

    Rafale Decoy Confused Pakistan Jets During Operation Sindoor, Claims US Veteran Pilot

    India Successfully Tests Indigenous Anti-Submarine Rocket ERASR

    India Successfully Tests Indigenous Anti-Submarine Rocket ERASR, Boosting Navy’s Underwater Capabilities

    Gun-Making Racket Exposed in Aligarh: UP STF Arrests 3

    Gun-Making Factory Busted in Aligarh: UP STF Arrests 3

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    Russia’s Plan to Hire 1 Million Indian Workers in 2025: What It Means

    Russia’s Plan to Hire 1 Million Indian Workers in 2025: What It Means

    Modi's Vision Echoes in Namibia

    PM Modi Sets Record With 17th Parliament Speech Abroad, Applauded in Namibia

    We Share Borders With Tibet, Not China”: Khandu’s Sharp Reply

    Khandu’s Bold Message to China: Arunachal Belongs to India, Border Was With Tibet

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: UP Gears Up With Full-Scale Arrangements

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Prakash Raj, Vijay Deverakonda among other Tollywood actors booked for promoting illegal betting apps

    Prakash Raj, Deverakonda, Rana Booked by ED in Betting Scam Case

    Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    Fasting This Sawan 2025? Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    say no to alcohol for 6 months

    How Quitting Alcohol for 6 Months Can Transform Your Health

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Mamata's Misplaced Outrage: Bengal Burns While She Cries for Delhi

    Mamata’s Misplaced Outrage: Bengal Burns While She Cries for Delhi

    Pakistani Cousin Marriages Flood UK with Birth Defects

    Pakistani Cousin Marriages Flood UK with Birth Defects, 3% Community Blamed for 33% Cases

    Congress Infighting Continues: Karti Criticizes Siddaramaiah’s Chicken & Egg Rice Scheme for Stray Dogs

    Congress Infighting Continues: Karti Criticizes Siddaramaiah’s Chicken & Egg Rice Scheme for Stray Dogs

    Rajiv Gandhi's PMO was 'Den of Spies'

    Rajiv Gandhi’s PMO Was Infiltrated by Foreign Spies, Alleges BJP’s Nishikant Dubey

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Namibia Bets on Indian Tech: How UPI Will Revolutionise Its Economy and Boost India's Global Digital Clout

    Namibia Bets on Indian Tech: How UPI Will Revolutionise Its Economy and Boost India’s Global Digital Clout

    Opportunities for Youth in a Changing India

    Opportunities for Youth in a Changing India: Global Investment Expert Manu Seth Shares Insights

    Simple Legal Steps to Protect Your Brand in India

    Simple Legal Steps to Protect Your Brand in India

    Indian-Origin Tesla CFO Vaibhav Taneja Appointed Treasurer of Elon Musk’s 'America Party'

    Indian-Origin Tesla CFO Vaibhav Taneja Selected Treasurer of Elon Musk’s ‘America Party’

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    Decoy That Changed the Game: How India's AI-Powered X-Guard Neutralised Pakistani Air Threats

    Rafale Decoy Confused Pakistan Jets During Operation Sindoor, Claims US Veteran Pilot

    India Successfully Tests Indigenous Anti-Submarine Rocket ERASR

    India Successfully Tests Indigenous Anti-Submarine Rocket ERASR, Boosting Navy’s Underwater Capabilities

    Gun-Making Racket Exposed in Aligarh: UP STF Arrests 3

    Gun-Making Factory Busted in Aligarh: UP STF Arrests 3

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

    Russia’s Plan to Hire 1 Million Indian Workers in 2025: What It Means

    Russia’s Plan to Hire 1 Million Indian Workers in 2025: What It Means

    Modi's Vision Echoes in Namibia

    PM Modi Sets Record With 17th Parliament Speech Abroad, Applauded in Namibia

    We Share Borders With Tibet, Not China”: Khandu’s Sharp Reply

    Khandu’s Bold Message to China: Arunachal Belongs to India, Border Was With Tibet

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: UP Gears Up With Full-Scale Arrangements

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Prakash Raj, Vijay Deverakonda among other Tollywood actors booked for promoting illegal betting apps

    Prakash Raj, Deverakonda, Rana Booked by ED in Betting Scam Case

    Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    Fasting This Sawan 2025? Try These 6 High-Protein Vrat-Friendly Foods to Stay Energised

    say no to alcohol for 6 months

    How Quitting Alcohol for 6 Months Can Transform Your Health

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

As ‘Interim govt’ intensifies hostilities with India, Bangladesh ends up aggravating its economic woes

Paurush Gupta by Paurush Gupta
4 November 2024
in Geopolitics, Opinions, Politics
Hostile against India, Bangladesh worsens its economic woes

Hostile against India, Bangladesh worsens its economic woes (Image Source - Blackout report and TV9 Hindi)

Share on FacebookShare on X

For the last few years, economically strained Bangladesh has been running from pillar to post to secure a multi-billion dollar package from the IMF and nations like China. However, the violent ouster of elected PM Sheikh Hasina has brought along aggravated challenges on the economic front. 

Its economy which heavily relies on the textile industry has suffered a major hit. Since 5th August, its international buyers have opted for socially stable and reliable alternatives. Dhaka is struggling with its depleting dollar reserves, failing to foot its electricity bill and keep its economic activities afloat as imminent power cuts could further jeopardise its nosediving economy.  

RelatedPosts

Russia’s Plan to Hire 1 Million Indian Workers in 2025: What It Means

Foreign Investment, Innovation, and Confidence Are Making India a Global Leader: Investment Advisor Manu Seth

India Successfully Tests Indigenous Anti-Submarine Rocket ERASR, Boosting Navy’s Underwater Capabilities

Load More

Amidst its struggling economy and worsening social situation, the newly propped-up governance body – the so-called Interim government – added insult to injury as it decided to burn its bridges with its reliable, and friendly neighbour India.

‘Interim govt’ turning Bangladesh hostile towards India, a nation that helped it gain Independence from Pakistan

The ‘Interim govt’ in Bangladesh has not just given a free pass to the Islamist elements in the country, it has allowed several dreaded terrorists to go scot-free. This includes Jashimuddin Rahmani, the chief of a terror group that plotted attacks on India, who was released from jail, raising security concerns for India. The development highlighted how the Interim government has posed political and security challenges to India. 

Strikingly, while a substantive section of Bangladeshi society, predominantly members of Jihadi groups like the Jamaat-e-Islami, have been rabid Hindu and India haters, it was earlier reported that ‘external players’ were actively working to orchestrate and peddle smear campaigns against India to cast the latter as an “enemy nation”. 

During the initial days of unrest, it came to light that Pakistani intelligence agency ISI, its stooges Jamaat-e-Islami was dehumanizing Bangladeshi Hindus painting them as ‘collaborators of Indian intelligence agencies’ to desensitize their supporters in attacking the Hindu community. The brutal purge of the Hindu community that intensified on 5th August, continues to date. While attacking or issuing threats to the Bangladeshi Hindu community, the Islamist groups in India had been asking them to display anti-India statements. 

Conspicuously, the US which has been facing allegations of pulling a regime change operation in Bangladesh, also kick-started a toolkit to paint India in a negative light. The Western media which is a dominant player in the US ecosystem, falsely alleged that India caused the flash floods in Bangladesh, even when India had repeatedly busted falsehood on this issue.  

Furthermore, several ‘advisers’ of the ‘Interim govt’ had been issuing veiled threats at India demanding that India should hand over Sheikh Hasina if it wants to have good diplomatic ties with Bangladesh. Additionally, in another sign of hostilities, the nation recently became a hosting venue for the “get-together” of Jihadi groups and fanatic members of terrorist outfits like Taliban, Hamas and radicals from Pakistan.

Meanwhile, the ‘Interim govt’ has adopted an apathetic attitude to the attacks on the Bengali Hindu community. It has unabashedly allowed radical elements to spew venom against India. It was earlier reported that painting India as an ‘enemy nation’, a Dhaka University professor called for the nuclearisation of Bangladesh ‘to deter India’. The controversial professor demanded that Bangladesh develop a Nuclear Treaty with Pakistan and also deploy Ghauri missiles on the India-Bangladesh border. Such elements have been allowed to go scot-free thus emboldening radical elements to foster anti-India hatred. 

“We have to develop a Nuclear Treaty with Pakistan. Pakistan is the most reliable and trustworthy security ally of Bangladesh. This is exactly what the Indians don’t want us to believe.”

~ Professor Shahiduzzaman, Dhaka University while addressing military officers at a seminar pic.twitter.com/gfAeZrTJcj

— Fidato (@tequieremos) September 14, 2024

In another move by the ‘Interim govt’ to ‘distance’ and ‘delink’ Bangladesh from India, the Interim government has reportedly decided to reroute its apparel and textile market away from India. As per reports, the world’s second-largest garment producer has opted to bypass India and ship its textiles to global markets through the Maldives. 

Nonetheless, Bangladesh – which was often cited as an economic success by Indian leftists and Islamists – is now eyeing prolonged blackouts, sparking a vicious cycle of economic downturn. 

From Riches to Rages: Bangladesh’s economy nosedives since 5th August

Ever since the anarchic situations broke out in Bangladesh earlier this year in August, its textile industry has been one of the worst-hit sectors which was ironically the country’s growth engine. The textile industry contributes nearly 80 percent of its exports and 13 percent of its GDP.

As per reports, the country’s textile exports to the US, its largest export destination, fell 11% to $3.40 billion in January-June 2024. It was $3.82 billion in the same period last year. According to Bangladesh Bank, Bangladesh’s garment exports fell 4.34 percent to $44.47 billion in FY24. 

While the Bangladeshi ‘Interim govt’ wants to hurt India, the violent flux in Bangladesh has benefitted Indian textile exporters. In the first 6 months of this Financial year, Garments exports from India have registered an 8.5% increase. Incidentally, it was down by 15% in the same period on a year-on-year basis. In September alone, India saw a 17.3% jump year-on-year in apparel exports.

Now, according to a Bangladesh media report, the anarchy-gripped nation is struggling to foot its electricity bills and it could soon face prolonged power cuts for non-payment of outstanding dues to Indian power companies. For those unversed, Bangladesh heavily relies on imported energy resources to meet its power demands. However, the high global energy prices have increased its import bills. With its depleting foreign currency reserves, it is failing to clear outstanding electricity dues which are running into several hundred million US dollars. 

As per media reports, Bangladesh currently has outstanding dues of around 1 billion US dollars which it needs to pay to the Indian power distribution companies or it could suffer longer power cuts including blackouts in several areas across the nation. 

Bangladeshi media outlet, The Daily Star reported this week that India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh for not paying $846 million. 

According to the Power Grid Bangladesh PLC data, the plant now produces around 700MW from a single unit. However, the substantive 50% drop in power supply is not a random development as the APJL had earlier warned Bangladeshi officials of ‘remedial actions’ if they didn’t clear its dues by 30th October. 

In the letter seen by The Daily Star, Adani wrote, “Otherwise APJL shall be constrained to take remedial action under the Power Purchase Agreement (PPA) by suspending power supply on October 31.” 

The letter, dated 27th October, added, “As you [secretary] are aware, the deadline is approaching shortly and till date, PDB has neither provided LC for an amount of $170.03 million from Bangladesh Krishi Bank nor cleared the outstanding amount of $846 million.” 

Speaking with The Daily Star, a PDB official claimed that they had cleared a portion of previous dues earlier, but since July, Adani has been charging more than the previous months.

He added that the PDB has been paying around $18 million weekly, while the charge is more than $22 million. 

In a troubling sign of the failing economy, the Bangladeshi official added that they had submitted last week’s payment to Krishi Bank as well, but the bank failed to open a letter of credit against the payment due to a “dollar shortage”. 

As Adani Power has halved its electricity supply to Bangladesh, energy-intensive industries like manufacturing and textile will take the major hit leading to a further depletion in the revenue source for Bangladesh. 

Tags: #BangladeshadaniBangladesh crisisBangladeshi Hinduselectricity supplyExportIndiatextile
ShareTweetSend
Previous Post

Rahul Gandhi is wanting to incite civil war in India: Giriraj Singh

Next Post

Know the temple where Ram, Lakshman, Sita stayed during their exile

Related Posts

Mamata's Misplaced Outrage: Bengal Burns While She Cries for Delhi
Trending

Mamata’s Misplaced Outrage: Bengal Burns While She Cries for Delhi

10 July 2025

While West Bengal reels under violence, rape cases, and public unrest, Mamata Banerjee has turned her attention to Delhi,...

4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece
Geopolitics

4 Chinese Nationals Arrested for Spying on Rafale Jets in Greece

10 July 2025

In an incident that should set off alarm bells in every defence ministry from Athens to New Delhi, Greek...

Pakistani Cousin Marriages Flood UK with Birth Defects
Trending

Pakistani Cousin Marriages Flood UK with Birth Defects, 3% Community Blamed for 33% Cases

10 July 2025

British far-right activist Tommy Robinson has ignited a firestorm of criticism after a viral video surfaced in which he...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Hindu girl r@ped, burned with cigarettes and forced to convert to Islam

Hindu girl r@ped, burned with cigarettes and forced to convert to Islam

00:03:31

Delhi’s Trump Card: Kejriwal Wants a Nobel for Surviving Politics

00:05:03

Team B of DMK? The Truth About Actor Vijay’s Party

00:07:45

Rs 15,000 cr gone? Saif Ali Khan's crown crushed by enemy property law

00:04:40

Siddaramaiah Sparks Vaccine Theory to Hide Congress Chaos?

00:09:21
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited