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Privatization of public industries imperative PDF Print E-mail
Tuesday, 17 June 2008

Under present financial logjams, rapid privatization of public industries has become imperative. The Finance Adviserhas stressed this need at a seminar recently. He was right when he said he did not believe that a government-run industry could work efficiently. He blamed mismanagement as the main problem for a state-owned enterprise. Mismanagement and subsequent losses are the main features of government industries.

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Potato price soars high PDF Print E-mail
Monday, 16 June 2008

Subsidy thru’ TCB could challenge manipulators

It is mysterious that potato price is gradually catching up rice in open market price. If this trend continues, it will mean snubbing those who have been advising the poor to eat potato instead of rice. Why prices go up and never come down or why suddenly items disappear from the markets remains a mystery. Obviously from the Finance Adviser to the ordinary consumers, we have no clues.
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On import of books at various levels PDF Print E-mail
Sunday, 15 June 2008

It sounds absurd that in a poor country like ours,  25 per cent tax is imposed on the import of pictorials and drawing books used mostly by the students of English medium schools. Ex-Finance Minister, Saifur Rahman, had first imposed a 7.5 per cent duty on import of books.

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Hasina’s release, a good decision PDF Print E-mail
Saturday, 14 June 2008

It is a good decision to allow Sheikh Hasina to leave the country for better treatment abroad at least from the humane point of view. This might prove to be comfort for all those who considered dragging a seriously sick Hasina to courts again and again cruel, undesirable and vindictive. The supersonic speed in which the very courts that did not suspend the proceedings even if temporarily on health grounds cleared the legal barriers standing in the way of her going abroad has left many wondering about the newfound independence of the judiciary.

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Focusing on Agriculture PDF Print E-mail
Friday, 13 June 2008

Practical and Effective Policy needed

Though in recent times, some industries as RMG have substantially added to the country’s GDP and exports earning, it is the agriculture sector and the agro-based industries which have been a critical element in our economic development, and have provided employment to the rural people and a profitable livelihood for the suppliers and distributors of agricultural products.
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Its execution will involve tremendous efforts PDF Print E-mail
Thursday, 12 June 2008

Budget 2008-09

With only six months left for the present interim government to end its term handing over power to the elected government, the big size budget for the next fiscal is bound to overwhelm the nation. A budget looking for short term solution, it will be a Herculean task for the elected representatives indeed to execute it.  Notably, it is featured by 30,000 crore taka deficit out of total one 99,996 crore taka.
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Local Government should be strengthened PDF Print E-mail
Wednesday, 11 June 2008

Local government is one of the elements of good governance and honest local government reaches development benefits to the grass-roots. Strengthening the local government bodies and ensuring participation of people in the democratic process of the country are essential for overall development of a country. Besides, it is equally important to separate the Election Commission from the Prime Minister’s Office to facilitate working of the EC as an independent body in the election process.

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Decline in remittances likely: The govt. should take necessary steps PDF Print E-mail
Tuesday, 10 June 2008
Remittance by non-resident Bangladeshis rose by 31 percent in the first nine months of the current fiscal year from that of the same period last fiscal year. According to the report, Bangladesh Bank as saying that remittances in the July-May period this FY totaled more than 7.16 billion US dollar equivalent to 49, 060 crore taka against 5.46 billion dollar in the corresponding period of last FY. But economists fear that the rise may face a downward trend as major labour markets in Bahrain and Malaysia have banned fresh manpower recruitment from Bangladesh.
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Investment in Bangladesh, Tourism might be a choice PDF Print E-mail
Monday, 09 June 2008
Investors, both local and foreign, face many problems in the country. The main problems are certain rules. Nobody can procure permission for setting up an industrial unit easily. Availability of water, gas, and electricity is yet another barrier. Harassment by the greedy section of officials and extortionists is also a very big problem. All most nobody therefore is interested to invest in investment hungry Bangladesh.
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Price hike of POL products PDF Print E-mail
Sunday, 08 June 2008

The price hike of POL products, a burning issue for both the developed and developing countries alike was raised at a press briefing by CPD Wednesday when light was also thrown on adjustment of petrol and octane prices in phases , in line with international market to reduce the pressure on government budget for next fiscal, against allocation for fuel subsidies. CPD is against rise in price of kerosene and diesel which are widely used by poorer section and irrigation purpose.

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Agriculture should get attention PDF Print E-mail
Saturday, 07 June 2008

Budget 2008

Agricultural sector is the cornerstone of our economy. Some industries as RMG have substantially added to the country’s GDP and exports earning but it is the agriculture sector and the agro-based industries which have been a critical element in our economic development, and have provided employment to the rural people and a profitable livelihood for the suppliers and distributors of agricultural products.
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Blanket arrest PDF Print E-mail
Friday, 06 June 2008

The people deserve explanation to such move

It is shocking that the average number of arrests has been roughly 3,000 daily since Sunday. The political parties and the media have identified this move as a tactic of political repression and intimidation while home adviser MA Matin has claimed it as a drive against miscreants and criminals.
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On use of arable land PDF Print E-mail
Thursday, 05 June 2008

We are happy that the Ministry of Land has started working on earmarking land with a view to formulating a national policy on land use. In the absence of any such policy we are fast losing arable land to miscellaneous uses and we shall be inviting disaster if this is not checked at the right point.  Available statistics point to the gravity of the situation. Our total area of land is about 36.5 million hectres of which 19.2 million hectres are available for cultivation.

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A wonder cure for 'Deficit Attention Disorder!' PDF Print E-mail
Thursday, 05 June 2008

Restraint® can reduce the urge to spend money you don't have

By Mark Lange

San Francisco - Have you ever wondered how the federal government can bail out banks and mortgage-holders, cut your taxes, try to protect Social Security, expand your Medicare benefits, and send you a stimulus check – all at the same time? These may be symptoms of an embarrassing condition afflicting political parties, banks, and households across America: Deficit Attention Disorder (DAD).
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Focusing on poverty reduction PDF Print E-mail
Wednesday, 04 June 2008

Poverty Reduction Strategy Paper that must focus the people’s hopes and aspirations is naturally being delayed due to lack of a consultation for absence of a political government in the country. Let the next political government adopt the full-fledged PRSP as the general election is due in next six months, eminent economist Prof Wahiduddin Mahmud told a recent consultation. General Economic Division of the Planning Commission organised the two-day consultation, beginning Sunday, on the first draft of the second PRSP for a period of FY09-11.

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Education to child laborers and poverty alleviation PDF Print E-mail
Tuesday, 03 June 2008

According to a news item, the Ministry of Labour and Employment has already completed the first phase of the project to provide non-formal education to 30 thousand child laborers that started in July 2005. The second phase of the project is under implementation. We are encouraged to note that the government will provide education and training to child workers and extend micro finance to the parents of the children concerned for their income generating activities.

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Talking food security in South Asia PDF Print E-mail
Monday, 02 June 2008

South Asia is a region frequented by whims of nature. Like several African countries where food riots broke out this year, South Asian countries including Bangladesh and Sri Lanka are yet to recover fully from food shortages that mainly occurred due to recurring calamities. It is against this backdrop that cooperation among the South Asian countries needs to be intensified due to recent natural disasters and deficit in foodgrain production.

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Dramatic end to monarchy PDF Print E-mail
Monday, 02 June 2008

King Birendra’s assassination  and Gyanendra ascendinged the throne had all the ingredients for an end to the monarchy in Nepal. On Wednesday, the country’s Constituent Assembly voted overwhelmingly to abolish the 239-year old monarchy in that Himalayan kingdom the pave the path for a “secular, indivisible, independent and sovereign” republic. King Gyanendra has been given fifteen days to vacate the palace after which it will be turned into a museum.

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Possession of nuclear weapons by Israel overlooked PDF Print E-mail
Sunday, 01 June 2008

Jimmy Carter revealed that Israel has 140 nuclear weapons. This reveleation frankly speaking has put the United Nations, its nuclear watchdog International Atomic Energy Agency and its chief Elbaradei, US President George Bush and many other western leaders on the dock. At the prodding of the Security Council the IAEA has been playing hell with the “rogue” Iranian and North Korean regimes on alleged charges of developing nuclear weapons secretly.

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The disabled must not be ignored in budgetary allocation PDF Print E-mail
Friday, 30 May 2008

Some 10 percent of our population are disabled. Panelists at a meeting urged the government to enhance the allocation in the next national budget for the disabled and integrate them with the mainstream of development. Bangladesh Disability Forum and Bangladesh Unnayan Parishad jointly organized the meeting in the city on Tuesday.

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Giving dialogue a chance PDF Print E-mail
Thursday, 29 May 2008

It will be futile exercise of the caretaker government in setting stage for dialogue if the two major political parties remain stubborn in their demands about joining the dialogue. The AL and BNP have borne the brunt of the CG’s massive anti-corruption shelling but that does not change the reality that these two parties enjoy massive support of the people. If the next elections are free and fair as promised, these two parties are expected to retain their pre-eminent positions even with their supreme leaders in prison.

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