News Desk :
As most employed people in the country belong to the private sector, the government needs to launch a universal pension system for it, reports UNB.
The need for more investment and employment is becoming more felt as the country’s total economic output is growing.
Experts and stakeholders came up with the remarks at the webinar “Private sector employment amid Covid-19: Expectations from budget FY22” organised by Bangladesh Private Employees Forum (BPEF), a non-profit and non-political organisation, Saturday.
BPEF convener Rafikul Islam delivered welcome speech while journalist Muhammad Al-Amin Abir moderated the function and BPEF Joint Convener and Assistant Registrar (PR) of Bangladesh University of Business and Technology (BUBT) Jisan Al Jubair gave vote of thanks at the end of the webinar.
Dhaka Chamber of Commerce and Industry President Rizwan Rahman said: “The finance minister had proposed a voluntary pension system. However, the implementation of the system will require formulation of law.”
Socialist Workers Front President Razequzzaman Ratan said, “The private sector employees bore most of the brunt of the Covid crisis. We need to think about them in the budget. All the working people need to be added to the database.”
Dr Mohammed Abu Eusuf, executive director of Research and Policy Integration for Development, underscored the need for a proper database to meet all problems posed by the Covid-19 pandemic. “Due to the lack of updated data on employment, the issue does not get much attention,” he said.
