Economy of Bangladesh, Its People, Culture & Flag

People of Bangladesh

Most of the people of Bangladesh are confined to villages, with only 26 per cent living in urban areas. More than 98 percent of Bangladesh's inhabitants are Bengalis, who are largely descended from Indo-Aryans, the remaining two per cent includes Biharis and non-Bengali Muslims who had migrated from India.

Arts, Culture and Music of Bangladesh

Bangladeshi culture, in many ways, reflects the culture of Greater Bengal. Music is widely enjoyed by the people of Bangladesh and classical, light-classical, devotional, and popular music attract many people. Classical music includes Hindustani devotional songs while classical dance include India's Bharatanatyam and Kathakali. The Manipuri traditional dance of India is also quite popular in Bangladesh. Bengali folk dances are commonly performed during festivals and other special occasions. Apart from this, Bangladesh is a land of great painters and realist paintings by them have been recognized worldwide.

Economy of Bangladesh

Bangladesh has been through a rough economic

past. Two partitions led to wide economic neglect and even producing jute in large quantities contributed very less towards economic growth, as the country could not find much investment in this sector. After gaining independence from Pakistan in 1971, many of the West Pakistani-owned firms came within their fold. Apart from this, Bangladesh's vast reserves of natural gas promise a great potential in the country's economic growth.

In 1999 Bangladesh's budget included $5.68 billion in expenditures and $4.15 billion in revenues. While, in 2001, the country's gross domestic product (GDP) was estimated at $46.7 billion, in which agriculture contributed 23 percent, industry (including manufacturing) contributed 25 percent, and services contributed 52 percent.

Flag of Bangladesh

The flag of Bangladesh is green with a large red disk slightly to the hoist side of center. While the green colour symbolizes the lush countryside and the traditional color of Islam, the red sun of freedom

represents the blood shed to achieve independence.
Please click here to view the Flag of Bangladesh