‘Govt’s surplus subsidy helped to tackle nationwide famine, food deficit’

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City Desk :
Bangladesh has been able to tackle food deficit and large scale famine like situation, predicted by the international community, as the government provided substantial subsidy and incentives considering desperate global situation and continuous global pandemic as well.
“Bangladesh has efficiently been able to tackle large scale famine forecasted by the World Bank considering contemporary global situation …but government’s time-befitting measures have kept the situation stable”, said treasury bench lawmaker Shahiduzzaman Sarker of Naogaon-2, reports BSS.
The lawmaker said this while participating in general discussion on supplementary budget discussion held at Jatiya Sangsad on the twelfth instant.
The general discussion on the supplementary budget discussion of FY2021-22 moved with Speaker Dr Shirin Sharmin Chaudhury in the chair.
“Although some thirty-five ministries could not spend their money in scheduled time but timely supplementary allocation to the Food, Agriculture, Water Resources, Primary and Mass Education and Industries Ministry had made the country to tackle famine like situation efficiently,” said Shahiduzzaman in his speech.
The government has increased the allocation of subsidy and incentives significantly in the proposed and supplementary budget, said Pran Gopal Datta, MP, of Cumilla-7. The allocation for subsidy in the national budget is gradually raising and in proposed budget it is Taka 83,000 crore.
As per the GDP percentage, the subsidy allocation in the current fiscal stands at 1.7 percent and in the proposed budget it has increased to 1.9percent, he said.
Participating in the discussion, Abul Hasan Mahmud Ali, MP, of Dinajpur-4 said Bangladesh has successfully returned to high growth level after combating the global pandemic under the leadership of Prime Minister Sheikh Hasina.
Terming the revenue earning in supplementary budget, Mahmud said the target of revenue earning in the supplementary budget of 2021-22 fiscal has been fixed at Taka 3,89,000 crore which is equivalent to the main budget.
Even the growth of targeted revenue earning in the supplementary budget was 19.3percent which was a landmark success for the country, he added. Treasury bench lawmakers Dr Mahiuddin Khan Alamgir of Chandpur-1, Jatiya Party lawmakers Pir Fazlur Rahman of Sunamganj-2 and Shamim Haider Patwary of Gaibandha-1, Gano Forum lawmaker Mokabbir Khan of Sylhet-2 and BNP lawmaker Rumin Farhana, among others, participated in the supplementary budget discussion.
Earlier, the lawmakers paid rich tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman and his family members who had been killed on August 15 in 1975.

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