Business Desk :
Microsavings can be used as micro-investment through community banking, said speakers on 9th January 2018 They made the observations at a conference on “Growth with Equity” organised jointly by the Palli Karma-Sahayak Foundation (PKSF) and the Dhaka School of Economics in the auditorium of the foundation.
They also noted that some of the leaders and policymakers suffer from complacency, leading to their negligence in implementing various pro-people development projects.
They suggested upgrading moral standard and avoiding complacency for ensuring sustainable development. Speakers said, the government is putting emphasis on microsavings, and community banking can be a useful tool to encourage it.
It can develop micro-entrepreneurship in the country, they said.
“The speed of equity is not like that of the economic development here. It is impossible to establish a healthy nation, if economic justice and equity are not ensured,” said Palli Karma Shahayak Foundation (PKSF) Managing Director Abdul Karim.
He also said, economic inequality has been rising alarmingly in Bangladesh, especially in the urban areas. The GINI coefficient has risen to 0.483pc in 2016, which was 0.467 in 2005 and 0.458 in 2010. It means the rich people here are gradually becoming richer.
He was speaking as the guest of honour on the concluding session of a conference titled ‘Growth with Equity: Bangladesh Perspective’.
PKSF and Dhaka School of Economics (DScE) under Dhaka University jointly organized the daylong conference, where DScE students presented 42 research papers from home and abroad.
DU Vice-Chancellor Professor Akhtaruzzaman was the chief guest the concluding session of the programme, chaired by PKSF Chairman Qazi Kholiquzzaman Ahmad.
PKSF Deputy Managing Director Jashim Uddin said one tea labourer earns Tk 2,500 as wage, if he works for 30 days, which means he earns Tk 85 per day.
“What is now available with this Tk 2,500 in Bangladesh? Countrywide a labourer’s daily wage has increased to Tk 450-500,” he added.
Microsavings can be used as micro-investment through community banking, said speakers on 9th January 2018 They made the observations at a conference on “Growth with Equity” organised jointly by the Palli Karma-Sahayak Foundation (PKSF) and the Dhaka School of Economics in the auditorium of the foundation.
They also noted that some of the leaders and policymakers suffer from complacency, leading to their negligence in implementing various pro-people development projects.
They suggested upgrading moral standard and avoiding complacency for ensuring sustainable development. Speakers said, the government is putting emphasis on microsavings, and community banking can be a useful tool to encourage it.
It can develop micro-entrepreneurship in the country, they said.
“The speed of equity is not like that of the economic development here. It is impossible to establish a healthy nation, if economic justice and equity are not ensured,” said Palli Karma Shahayak Foundation (PKSF) Managing Director Abdul Karim.
He also said, economic inequality has been rising alarmingly in Bangladesh, especially in the urban areas. The GINI coefficient has risen to 0.483pc in 2016, which was 0.467 in 2005 and 0.458 in 2010. It means the rich people here are gradually becoming richer.
He was speaking as the guest of honour on the concluding session of a conference titled ‘Growth with Equity: Bangladesh Perspective’.
PKSF and Dhaka School of Economics (DScE) under Dhaka University jointly organized the daylong conference, where DScE students presented 42 research papers from home and abroad.
DU Vice-Chancellor Professor Akhtaruzzaman was the chief guest the concluding session of the programme, chaired by PKSF Chairman Qazi Kholiquzzaman Ahmad.
PKSF Deputy Managing Director Jashim Uddin said one tea labourer earns Tk 2,500 as wage, if he works for 30 days, which means he earns Tk 85 per day.
“What is now available with this Tk 2,500 in Bangladesh? Countrywide a labourer’s daily wage has increased to Tk 450-500,” he added.
