th propelling parts of SL into middle-income status - World BankAccording to the World Bank Annual report 2008 it projects an emerging new reality that South Asia can no longer be characterised as a uniformly low-income region. Growth is propelling several Indian states, along with Bhutan, Maldives, and parts of Sri Lanka, into middle-income status. At the same time, per capita incomes and human development indicators in Bangladesh, Nepal, most of Pakistan, and the lagging regions of India and Sri Lanka are those of low-income countries.
