The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.
Noor Mohamed M, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur
We all know how real GDP(Gross Domestic Product) calculated, it is compare value of a product with other product value. For example, an ounce of gold purchasing power of certain number of gallon of petrol. If gold demand increases or decreases in upcoming years, it reflect in changes in number of gallon of petrol getting or vice versa.
India on Wednesday March 23, 2016 began supplying electricity to Bangladesh in return for internet bandwidth that will help connect its North- Eastern states, a move that Prime Minister Narendra Modi described as historic. Instead selling in domestic or international currencies, both countries are exchanging needed products. Its reminding our ancient forefathers did.
Our Northern Indians states benefited from Internet bandwidth. Its appreciating strategic move to enable northern eastern state in connection with internet world. India will supply 100 megawatt of electricity in return for 10 gigabits per second internet bandwidth.
Modi and his Bangladesh counterpart Sheikh Hasina launched the twin links through video conference. Modi said that In my opinion this is an historic occasion and as he nudged Dhaka to join the space cooperation with India. India, he said, is marching shoulder-to-shoulder with Bangladesh in its progress and today is the opening of a new chapter. “In an era of inter-dependent world, the two nations have further strengthened their ties,” he said. Hasina said: “The relation between the countries has further consolidated through the supply of power and Internet bandwidth.”
As much as 100 MW of power will be supplied to Bangladesh from Tripura. PowerGrid Corporation of India Ltd has erected 400 KV d/c line from Suryamaninagar (Agartala) to the Indian border while its Bangladeshi counterpart, PowerGrid Corporation of Bangladesh Ltd has laid a line from there to Comilla.
Simultaneously, a new gateway to give broadband connectivity to North-East states via Bangladesh was also opened.
The eight north-eastern states would be immensely benefited with the opening of the third International Internet gateway. Hasina said her country was getting 500 MW power from India now and both the countries made considerable development in the field of cooperation through roads, railways and power. She also thanked PM Modi and Tripura CM Manik Sarkar for their cooperation. Sarkar, at the invitation of External Affairs Minister Sushma Swaraj, also joined the program via videoconferencing.