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'Economy had been growing' - Indian expert Akash Jindal warns Bangladesh set for 'very severe' impact of ongoing crisis٠٠:٠٤:٢٢
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Indian economist Akash Jindal warned that neighbouring Bangladesh would be hit 'very severely' by the aftermath of the recent unrest, speaking from Delhi on Sunday.

"If there are riots for around four days, five days, economy is impacted, economic movement is impacted for at least 50 days," he said. "So what has happened to Bangladesh was very unfortunate, very bad, and that would have an impact on the economic growth of Bangladesh."

It came after media reports suggested global fashion brands were cutting orders from the country following rioting and political cases - which the companies themselves denied.

"I have respect for Madam [former PM] Sheikh Hasina because the economy has been growing. She has been the prime minister a lot of times, so economy has been good. Economy has been doing well under her. Economy has been performing. And things were happening in a positive manner," Jindal added.

"The way [she] had to leave…it was clearly unfortunate [after] the way she had run the economy. She didn't deserve [it]," he claimed.

Following violent protests in Bangladesh over the past months, Hasina resigned and fled to India, while a new interim government led by Nobel Laureate Muhammad Yunus was appointed.

According to media reports, there have been reports of attacks on Hindus - seen as supporters of Hasina - in the Muslim-majority country. India's leadership in the Hindu-majority neighbouring nation has accused the current administration of failing to protect them. Bangladesh's nterim government has pledged to 'resolve such heinous attacks' on 'religious minorities'.

Bangladesh expats in Delhi were also asked about the ongoing unrest, attacks and potential counter-attacks.

"Anarchy and the economic thing, it follows every power change in a country," said Neelanjana Bakshi, a Hindu student from Bangladesh, who said that she didn't believe there would be 'civil war'.

"BNP [nationalist] and [Islamist] Jamaat they were like kind of pushed down by the Awami [ruling party] and… after Sheikh Hasina left there was like an outburst of anger," she claimed.

Ahead of Hasina's resignation, dozens of protesters were reported killed in the crackdown on anti-government protests, which began as student demonstrations against a public sector job quota system.

'Economy had been growing' - Indian expert Akash Jindal warns Bangladesh set for 'very severe' impact of ongoing crisis

India, Delhi
أغسطس ١٨, ٢٠٢٤ at ١٥:٥٣ GMT +00:00 · Published

Indian economist Akash Jindal warned that neighbouring Bangladesh would be hit 'very severely' by the aftermath of the recent unrest, speaking from Delhi on Sunday.

"If there are riots for around four days, five days, economy is impacted, economic movement is impacted for at least 50 days," he said. "So what has happened to Bangladesh was very unfortunate, very bad, and that would have an impact on the economic growth of Bangladesh."

It came after media reports suggested global fashion brands were cutting orders from the country following rioting and political cases - which the companies themselves denied.

"I have respect for Madam [former PM] Sheikh Hasina because the economy has been growing. She has been the prime minister a lot of times, so economy has been good. Economy has been doing well under her. Economy has been performing. And things were happening in a positive manner," Jindal added.

"The way [she] had to leave…it was clearly unfortunate [after] the way she had run the economy. She didn't deserve [it]," he claimed.

Following violent protests in Bangladesh over the past months, Hasina resigned and fled to India, while a new interim government led by Nobel Laureate Muhammad Yunus was appointed.

According to media reports, there have been reports of attacks on Hindus - seen as supporters of Hasina - in the Muslim-majority country. India's leadership in the Hindu-majority neighbouring nation has accused the current administration of failing to protect them. Bangladesh's nterim government has pledged to 'resolve such heinous attacks' on 'religious minorities'.

Bangladesh expats in Delhi were also asked about the ongoing unrest, attacks and potential counter-attacks.

"Anarchy and the economic thing, it follows every power change in a country," said Neelanjana Bakshi, a Hindu student from Bangladesh, who said that she didn't believe there would be 'civil war'.

"BNP [nationalist] and [Islamist] Jamaat they were like kind of pushed down by the Awami [ruling party] and… after Sheikh Hasina left there was like an outburst of anger," she claimed.

Ahead of Hasina's resignation, dozens of protesters were reported killed in the crackdown on anti-government protests, which began as student demonstrations against a public sector job quota system.

Description

Indian economist Akash Jindal warned that neighbouring Bangladesh would be hit 'very severely' by the aftermath of the recent unrest, speaking from Delhi on Sunday.

"If there are riots for around four days, five days, economy is impacted, economic movement is impacted for at least 50 days," he said. "So what has happened to Bangladesh was very unfortunate, very bad, and that would have an impact on the economic growth of Bangladesh."

It came after media reports suggested global fashion brands were cutting orders from the country following rioting and political cases - which the companies themselves denied.

"I have respect for Madam [former PM] Sheikh Hasina because the economy has been growing. She has been the prime minister a lot of times, so economy has been good. Economy has been doing well under her. Economy has been performing. And things were happening in a positive manner," Jindal added.

"The way [she] had to leave…it was clearly unfortunate [after] the way she had run the economy. She didn't deserve [it]," he claimed.

Following violent protests in Bangladesh over the past months, Hasina resigned and fled to India, while a new interim government led by Nobel Laureate Muhammad Yunus was appointed.

According to media reports, there have been reports of attacks on Hindus - seen as supporters of Hasina - in the Muslim-majority country. India's leadership in the Hindu-majority neighbouring nation has accused the current administration of failing to protect them. Bangladesh's nterim government has pledged to 'resolve such heinous attacks' on 'religious minorities'.

Bangladesh expats in Delhi were also asked about the ongoing unrest, attacks and potential counter-attacks.

"Anarchy and the economic thing, it follows every power change in a country," said Neelanjana Bakshi, a Hindu student from Bangladesh, who said that she didn't believe there would be 'civil war'.

"BNP [nationalist] and [Islamist] Jamaat they were like kind of pushed down by the Awami [ruling party] and… after Sheikh Hasina left there was like an outburst of anger," she claimed.

Ahead of Hasina's resignation, dozens of protesters were reported killed in the crackdown on anti-government protests, which began as student demonstrations against a public sector job quota system.

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