Bangladesh has got it's independence from Pakistan in 1971 through a nine month long bloody war. Bangladesh was ruled by the unconstitutional power till 1990 and then came back into a democratic country with some interruptions. Up to 1990, the GDP growth of Bangladesh was well below potential. But in the mid 90s, the economy slowly emerged and there has been observed a shift form the agriculture-led development to manufacturing and services sector let growth Bangladesh has recently celebrated 50 years of its independence in 2021. The country crafted vision-2021 in order to mark the celebration which is mainly focused to achieve the middle Income country (MIC) status by the timeline. With a view to reaching the cherished and desire vision, the country formulated long term perspective plan 2021-2041. The world bank classifies economic status of countries as: low income, lower middle income, upper middle income and high income countries. According to the method of measuring the sta...