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There's another angle to this - since 25% of the RMG sector is controlled by Indians there's always the issue of remittance of undeclared profits or the usual over invoicing / under invoicing aspect especially considering the local market deals in cash & a certain amount of exports to India could also be in cash.so there was academic rebuttal from IDSA as well in 2014. beedi's source is silicon India magazine.
https://www.idsa.in/system/files/sspattanaik160514_0.pdf
silicon India magazine itself was outed as a fraud by newslaundry no less in 2016.
https://www.newslaundry.com/2016/07...-to-become-a-top-25-legal-consultant-in-india
there is some reference to some world bank report, that WB report itself is missing now.
it's a citation loop, no point looking into this further.
In addition to this phenomenon there'd be influential Bangladeshis send money across to be invested in India or for safe keeping . Finally there's also a element of terrorist funding as well as narcotics.