Poverty & Food Insecurity On The Rise In Bangladesh, Crucial Textile Industry On Edge Of Collapse

In today's episode of India Global, Bangladesh is flirting with an economic disaster, with new reports revealing a steep rise in poverty and food insecurity, echoing the financial turmoil seen in neighbouring Pakistan. A recent survey by the Bangladesh Institute of Development Studies has painted a grim picture, showing that poverty rates have skyrocketed from 8.6% to nearly 19% in Dhaka alone. The statistics are alarming, with the national poverty rate climbing to 23.11%. It’s clear that the situation is going from bad to worse, with food insecurity now affecting nearly half the population. As the crisis deepens, the textile industry, the country’s lifeline, is crumbling under the weight of political instability and mismanagement. NDTV's Gaurie Dwivedi speaks with Economist Zia Hassan to discuss this and more.