“World Economic Outlook” of IMF report released on Tuesday, India’s per capita GDP is set to plunge to $1,877 this fiscal year ending on March 31, 2021. The IMF’s previous prediction in June said output would shrink 4.5 percent. Bangladesh per capita GDP in dollar terms is expected to grow to $1,888, according to the IMF report. However, India, Asia’s third-largest economy, is likely to bounce back with an impressive 8.8 per cent growth rate in 2021, thus regaining the position of the fastest growing emerging economy, surpassing China’s projected growth rate of 8.2 per cent, the IMF said. “Solid achievement of 6 years of BJP’s hate-filled cultural nationalism. Bangladesh set to overtake India,” Rahul Gandhi tweeted on thursday.