March 28, 2023

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India’s glory: Surprised by India’s growing stature in the world, Pakistan builds bridges of praise for Pak newspaper

agenciesPublication Date: Sunday, 15 January 2023 01:52 PM (IST)Updated Date: Sunday, 15 January 2023 01:52 PM (IST)

Islamabad, ANI. Pakistan is currently facing an economic crisis. People should come up with common needs. Pakistani citizens are also desperate for flour and pulses. People do not have enough money and food. But on the other hand, India is growing fast. India’s economy has reached the 5th position in the world. Pakistan is shocked by India’s growing stature on the world stage. Pakistan itself has praised India. Pakistan’s The Express Tribune has for the first time praised India in a global context.

Shahjad Chaudhary writes an article about India

Pakistan’s political, defense and security analyst Shahjad Chowdhury wrote in The Express Tribune that if I were Henry Kissinger, I would write a book about India. He said that India has emerged as the 5th largest economy in the world, overtaking Britain last year. He also wrote that India aims to become the third largest economy in the world by 2037. Hence Pakistan’s economy is forced to survive on the financial assistance of the world community.

Comparison of economic status of India with Pakistan

Shahjad Chowdhury also praised India’s foreign exchange reserves of over USD 600 billion. India ranks fourth with foreign exchange reserves of USD 600 billion. Pakistan has only 4.5 billion USD. Pakistan is in the midst of its worst crisis since 1971. He said that the political economy of Pakistan has fragmented the economic status of Pakistan. The situation is such that Pakistan’s international status is also falling.

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Investors avoid investing in Pakistan

Shahjad Chowdhury has compared India’s economy to China’s. China is the world’s second largest economy after the United States. India’s growth rate in GDP matches the best-performing economies in the last three decades after China, he said. He said India’s economy has grown to over 600 billion under Prime Minister Narendra Modi. So there gross domestic product is more than 3 billion US dollars. He said that India has made tremendous progress and that is why all investors want to invest in India. At the same time, he compared Pakistan’s investment. He said all foreign investors avoid investing in Pakistan due to political instability, lack of economic policies, terrorist corruption and lack of various resources.

read more: Pakistan food crisis: Video shows people chasing truck laden with wheat, shows dire situation in Pakistan

Edited by: Preeti Gupta

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