Entrepreneurship promotion vital for bolstering economy

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BSS, Rajshahi :
Senior bankers at a meeting here on Thursday stressed the need for boosting investment in Small and Medium Enterprise (SME) sector.
They termed the SME sector as labour-intensive and viewed that successful promotion of the sector could be the effective means of alleviating poverty and generating employment opportunity to accelerate economic growth. The bankers said SME is very important for reducing the existing gap between the rural and urban areas.
The observation came at the 16th board meeting of SME Financing Company Limited, a subsidiary company of Rajshahi Krishi Unnayan Bank (RAKUB), held at its Board Room.
With Nazrul Islam, Chairman of RAKUB and also chairman of the company governing body, in the chair, board members Sayeed Kutub, Prof Rustam Ali Ahmed, RAKUB Managing Director Muin Uddin, General Managers Muzammel Haque and Khandaker Golal Mostofa and member-secretary and company chief executive officer Fazlul Karim took part in the discussion.
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