Bangladesh - a country of potentials whose economy is mostly led by the entrepreneurs of young generation. There are a lot of Bangladeshi young people with high level of energy and enthusiasm. So it is good time for the country to explore its entrepreneurial prospects and capacity. Bangladesh is now a country of huge young population i.e. it has a strong workforce One third of its population is young people who are capable to work right now. They can make any revolutionary change in the economy of the country. But to be an entrepreneur, it is not necessary to be a graduate from business school. Any student from any discipline can be an entrepreneur. Entrepreneurship is an art. Only self-motivated people have the passion to make entrepreneurial excellence. A very small initiative can make a huge difference. It is good to see that the young entrepreneurs are coming forward to initiate startups. Even through they know that is a very challenging task. Managing adequate fund is one of the major challenges for young entrepreneurs. In maintain all initial costs, an entrepreneur needs to engage fund for the longer period as there is no chance to flow cash against these costs. In fact there are only a few funding options for the young entrepreneurs to start their ventures. Many of the young aspirini entrepreneurs can not start their ventures because of insufficient fund. Consequently, many good and potential business ideas are not being implemented even though these ideas may base brought credible positive changes in society as well as in the economy of the country.
In the end, it is conceivable that there are few funding options for the Bangladeshi entrepreneurs and this is not adequate to create an entrepreneurial friendly eco-system in the country. Till now, funding is considered as one of the major barriers to entrepreneurship. Easy access to funding can play a significant role to increase youth entrepreneurship in Bangladesh.
Bangladesh Bank performs all the functions that a central bank of any country is expected to perform and such functions include maintaining the price stability through economic and monetary policy measures, managing the country's foreign exchange and the gold reserve and regulating the banking sector of the country. Like all other central banks across the globe. Bangladesh Bank is both the Government's banker and the banker's bank, a 'Lender of the last resort'. Bangladesh Bank, like most of the central banks of different countries, exercises monopoly over the issue of currency and banknotes. Bangladesh Bank has been entrusted with all the traditional central banking functions including the sole responsibilities of issuing currency, keeping the reserves, formulating and managing the monetary policy.
With the provisional constitution of Bangladesh Bank order 1972. Bangladesh Bank exercises all powers of regulate commercial banks. These roles are as follows:
1) Restrictions on branching and new entry;
ii) Restrictions on pricing (interest rate controls and other controls on prices or fees);
iii) Restrictions on the portfolio of assets that banks can hold;
iv) Compulsory deposit insurance (or informal deposit insurance, in the form of an expectation that government will bail out depositors in the event of insolvency);
v) Capital-adequacy requirements;
vi) Reserve requirements (Requirements to hold a certain quantity of the liabilities of the central bank).
vii) Requirements to direct credit to favored sectors or enterprises.
viii) Special rules concerning mergers or failing banks.
Central bank is an apex institution in the banking system. The main objective of the central bank is to control regulate and stabilize the banking and monetary structure of the country.
Bangladesh police is the core law enforcement agency of Bangladesh. If plays the prime and pivotal role in maintaining law and order of the state. Though police is primarily concerned with maintaining law and order assuring security of public life and property. Bangladesh police, the single most institution entrusted with the responsibility of ensuring rule of law and human rights, is at a cross-road to promote itself to a height to adopt. The role of service rather than force, devoted to providing reassurance of service delivery, flexibility to community wishes, cares and social justice.
But common perception that prevails in our society is somewhat different. Though our police force as a whole left a positive impression in the minds of the people, they don't see the police as problem solvers. The citizens go to the police for seeking help when they have nothing else to do. So, the people at the helm also feel that the police will have to become more people friendly.
The number of helpless and help-seeking people is greater than the number of criminals in the country. So police officials should behave with the people in such a way that all are not criminals. People want the police to be more people-friendly and humane. People want to see the police as their helpers; not someone who scares them. During British period, police force were used as a tool for ruling people, not serving them.
The practice in the post-colonial eras has not changed. Some rulers of the world use them as a tool for surpassing any protest or uprising against them. So the ruler in power need to stop using the police as a political tool, otherwise they will not be people-friendly. Every police officer shap behave with people with due courtesy and decorum. They should guide and assist people whe are found in helpless condition. They should provide all requisite assistance to victims of crim and of road accidents. They should preserve, promote and prefect human rights and interests of weaker sections, backward classes, poor, weak and the downtrodden. Thus, they will become the force of people.
Amazon rainforest, the world's largest rain forest contributes almost 20 percent of the earth's oxygen, had been burning for over 16 days resulting in a major loss of trees and biodiversity, Though forest fires are common in the Amazon during the dry season. The year 2019 has see an unprecedented rise in the number of fires and their intensity. The worrisome fact is that the burning has increased at a time when there is a huge decrease in the rates of deforestation in Brazilian Amazon.
According to some environmentalists, 99 percent of the forest fires are a result of human actions, either on purpose or by accident. Formers and ranchers use fire generally to clear the land for further utilization. Amazon rainforest, considered to be as the planet's lungs as contributes about 20% of the earth's oxygen, is vital to slow down global warming. The rainforest is currently home to uncountable species of fauna and flora.
The Amazon is the largest rainforest in the world, and may be home to a quarter of the earth's land-bound species. If it keeps burning, it is likely to turn into a completely different ecosystem with fewer trees and different species of plants and animals. Many trees will die and animals will lose their habitat some species might disappear from the area entirely. While the Amazon fires are not going to deplete the Earth's supply of oxygen, they will release large amounts of carbon dioxide into the atmosphere.
To protect the Amazon forest from new fires, the governments responsible for protecting it must clamp down on deforestation. But countries around the world need to raise their voice about the devastating fire in the rainforest. According scientists, the Amazon rainforest fire could deliver a huge blow to the global fight against climate change. The fire will not only result in a major loss of trees and biodiversity but also releases excess co, into the atmosphere. The forest fires also release pollutants including particular matter and toxic gases. So due authorities should take extra measures to protect the forest as it is the home to 40% of the world's tropical forest and holds 20% of the world's freshwater supply.
As tension between the United States and Iran fuel fears of war, economist and international relations experts warn that any armed conflict between the countries will deal a blow to Bangladesh's export-import, and overseas job market in the Middle East. Oil prices have already started going up and if it continues, global economy, including that of Bangladesh, will witness a downturn.
Bangladesh heavily depends on migrant remittance and oil import from the Middle East which has over half of the world's proven oil reserves, white the United States is one of Bangladesh's largest export destinations. So, Bangladesh will suffer if oil prices rise. Thus, if a war breaks out and it spreads across the Middle Eastern regions and prolongs, it will have an adverse impact on our economy.
In Bangladesh, the price of liquefied petroleum gas has increased by 20% at retail stores after the rise in oil prices in the international market. This happens because any rise in gas and oll prices will affect the prices and supplies of the commodities.
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View AllPress freedom takes influential place in a country. It represent citizen’s freedom of speech. Media can expose news without obstructer or any controls by government and organizations. There should not be control over the press. As press freedom is necessary for the preventability of corruption, development of economy and maintenance of democracy. One of the advantages of press freedom is it can help to control on the level of corruption. A country which has higher press freedom tends to lower corruption in government or some private’s agents (Brunetti & Weder, 2003). Sometimes countries might think press free threats the stable of political and it might easy be controlled by different organizations. However, again the most persuasive idea come.
The Importance of Press Freedom
Press freedom is a cornerstone of any democratic society. It refers to the right of journalists and media organizations to report news and express opinions without fear of censorship, punishment, or interference from the government or powerful groups. A free press acts as the voice of the people, holding those in power accountable and ensuring transparency in governance.
One of the key roles of a free press is to inform the public. Citizens rely on accurate, unbiased news to make educated decisions about their lives, communities, and governments. When the press is free, it can investigate and expose corruption, injustice, and abuse of power — playing a crucial role in promoting justice and good governance.
Press freedom also encourages healthy public debate and protects the right to dissent. It allows for the exchange of diverse opinions and fosters an informed and active citizenry. In countries where press freedom is restricted, misinformation spreads easily, and people may live under fear or ignorance, manipulated by propaganda.
Moreover, a free press supports other human rights by giving a platform to marginalized voices and shining a light on human rights violations. It empowers the public by keeping them aware of their rights and the issues affecting society.
> In conclusion, press freedom is vital for truth, accountability, and democracy. Without it, society risks becoming misinformed, oppressed, and corrupt. A truly free press serves not just as a watchdog, but as a pillar of liberty and progress.
“Health for all” implies the removal of the obstacles to health that is to say, the elimination of malnutrition, ignorance, contaminated drinking-water, and unhygienic housing quite as much as it does the solution of purely medical problems such as a lack of doctors, hospital beds, drugs and vaccines. Health for All in Bangladesh contains the most comprehensive information available about primary health care services in Bangladesh, including activities in maternal and child health care, Family planning, reproductive health care, nutrition, quality of care, and health care financing.
Cluster Villages
A majority of the Bangladesh population are farmers who are settled in villages. They toil to make both ends meet and produce crops for the entire nation. Bangladesh has about 68,000 villages, which are scattered throughout the country. A village is called the rural part of the country. It is called rural because it does not have modern facilities like cities. The main occupation of the villagers is farming. They are the primary source of the nation's agricultural production.
Description of Villages
Villages have either tiny hamlets of thatched huts or large settlements of tiled roofs, stones, and brick homes. An impression has been created by artists and filmmakers that an Indian village is a simple cluster of mud-plastered walls, shaded by trees, overlooking the large expanses of green fields with a few people moving slowly and of course, bullock carts. They portray a village woman with a pot on her head and walking gracefully, her skirt swaying gently. The reality is that a village is the hub of nonstop activity, with their stronger work ethics. Agriculture is tough and requires hard work. The villagers work very hard and are always trying to find innovative methods of growing wheat, rice, and lentils.
Importance of Village
The village is important because it is the primary sector of agricultural production for our country. The village is the backbone of Bangladesh economy. It also plays a major role in maintaining the ecological balance of the environment. Villages are mostly covered with trees and plants. They are covered with green grasslands. One can see acres of green fields as far as the eyes could see. They provide shelter to many animals.
Life in Village
The village life is full of contentment and happiness, as people are not in a hurry like in city life. Village people live a very simple life. Villages are mostly situated far from the hustle and bustle of urban civilization. The beauty of nature can be experienced in a village as it is surrounded by trees, flowers, mountains, streams, and farmlands. There is no pollution in the village and one can feel the freshness in the breeze. The demands of the villagers are not too high but they are still deprived of basic facilities. Clean drinking water, electricity, health center, schools, proper sanitation are a few facilities that are lacking in the villages. Their poverty is always visible in the atmosphere.
Conclusion
My village is a small abode for happy people. Here they live in harmony and peace. The village people are very hardworking and thus they must have a good source of upliftment. Like the village’s schools and clinics should be maintained and increased in number. The farmers should be facilitated by helping them to leverage their sales, make them notified about the modern techniques used in farming, and give them compensation and knowledge of the true market price of their crops. Thus, I would request governmental authorities to come forward and uplift the medical, educational, and farming facilities in the village.
Problems of urban living in Bangladesh
Cities in Bangladesh are faced with the challenges of rapid population increase characterized by crises such as lack of economic dynamism, governance failure, severe infrastructure and service deficiencies, inadequate land administration, massive slums and social breakdown. However, urban centers continue to grow, despite the severity of these obstacles. As a result, urban areas in Bangladesh have exceptionally high population density, but relatively low economic density. High population density, combined with rapid urbanization, implies a large and fast-growing urban population to manage. Dhaka city, the largest urban conurbation in Bangladesh, is one of the most densely populated urban areas in the world. However, the economic density of Bangladesh’s urban areas (GDP or value-added per square km) is relatively low from an international perspective. Economic activity is concentrated in Dhaka and Chittagong. About 9% of the Bangladesh population lives in the Dhaka metropolitan area, which contributes to 36% of the country’s GDP. An additional 11% of the Bangladesh GDP is generated by Chittagong, the second-largest city and home to 3% of the population. The economic gap between Dhaka and Chittagong compared to other medium and small-size cities is large and widening.
Bangladesh needs to build an urban space that is capable of innovating, is better connected and more livable in order to make cities competitive. Bangladesh’s urban space is falling behind in all three of these drivers of competitiveness. The Dhaka metro area needs to evolve into a diversified economy with skilled human resources and an innovation capacity fueled by the cross-fertilization of ideas typical of large metropolitan areas. Dhaka metro area also needs to be better connected internally and with its peri-urban areas, and both Dhaka and Chittagong have to strengthen their connection to the global economy. Improved connectivity within Bangladesh’s system of cities is also important for productivity and export competitiveness. The development of an economically dynamic urban space, in particular in the Dhaka metro region, has occurred at the expense of livability. The livability of the urban space will become an even more binding constraint to sustained growth as Bangladesh transitions to a new business model based on higher-value industries and services, which need a highly skilled and internationally mobile workforce. This is a tall order for Bangladesh, but planning needs to start today for Bangladesh’s cities to become more competitive in future.
Urbanization have crucial role to play in the economic development of Bangladesh. The circumstances under which population in Dhaka and Chittagong are growing without proportionate infrastructural development will begin to wipe out most of the gains associated with urbanization. That is, relative high levels of urbanization may not be sufficient to ensure higher levels of economic welfare in Bangladesh. This has happened in Latin America with levels of urbanization, above 80%, yet with real per capita incomes about a third that of developed nations. It could happen in Bangladesh as well unless the urban managers rise from their prolonged slumber.
My school days
School is said to be a temple of knowledge, the very first place that introduced you to the world and more so your own self. My school life is all about the memories I deeply cherish. The memories of not only the fun, friendship and all the sport and extracurricular but also the way it helped me find my interests. I owe it all to my school life. It has made me who I am today.
My school life has been full of different experiences over the years. It gave various opportunities to develop not only my scholastic abilities but also the art and sport side. It supported me in my sports as well as exposed me to numerous types of people. All of this accounted to make me understand how to behave socially and in building a personality which I have today.
There are numerous things that make school life the best phase in one’s life. All of this eventually is because we are young to do mistakes again and again till we realize, dumb enough to not think about people and do what we feel like doing, curious to know everything we can and most importantly still not exposed and contaminated with the evil feelings of this world. And all of this makes us build a personality of our own.
Export trade means selling goods and services to other countries. It is very important for a country’s economic growth, as it brings in foreign money, creates jobs, and promotes international relationships.
Our Export Trade
Export trade is a key part of any nation's economy. It refers to the process of sending goods and services produced in one country to be sold in another. India, with its rich resources, skilled workforce, and growing industries, is actively involved in export trade.
India exports a wide variety of goods to different parts of the world. These include agricultural products like rice, tea, and spices; textiles and garments; gems and jewellery; pharmaceuticals; engineering goods; and even software and IT services. These exports not only bring money into the country but also help in building India's reputation globally.
Export trade has many advantages. It earns foreign exchange, which helps us import important goods like oil and technology. It creates employment for millions of people in farming, factories, shipping, and logistics. Exporting also motivates industries to improve their quality and standards, making Indian products more competitive worldwide.
The government supports export trade through incentives, special economic zones (SEZs), and by signing international trade agreements. Organizations such as the Directorate General of Foreign Trade (DGFT) and Export Promotion Councils guide and assist exporters.
However, India faces some challenges. Global markets are highly competitive. There are issues like transport delays, customs procedures, and foreign trade restrictions. To grow stronger, India must invest in better infrastructure, promote digital trade, and support small businesses in exploring new markets.
In conclusion, export trade is very important for our country's growth. It helps build a stronger economy, supports industries, and connects India to the world. With smart planning and effort, India can continue to grow as a leading exporter on the global stage.
Our Export Trade Export trade plays a vital role in the economic development of a country. For a developing country like Bangladesh, which has limited natural resources and a large population, export trade is not only a source of foreign exchange but also a means of employment generation and industrial growth. Over the years, Bangladesh has made significant progress in expanding its export sector, with a focus on diversification and quality improvement. The main export items of Bangladesh include ready-made garments (RMG), jute and jute goods, leather and leather products, frozen fish and shrimp, agricultural products, ceramics, pharmaceuticals, and more recently, information and communication technology (ICT) services. Among them, the RMG sector is the most dominant, contributing over 80% of the country’s total export earnings. Bangladesh is currently the second-largest garment exporter in the world, after China. Jute, once called the "Golden Fibre" of Bangladesh, has regained some of its lost glory in the international market due to increased demand for eco-friendly products. Similarly, leather goods and frozen food sectors have shown promising growth. The government has also taken steps to promote non-traditional export items like handicrafts, light engineering products, and software services. Export trade has helped Bangladesh to earn valuable foreign currency, reduce unemployment, and improve the standard of living. It has also strengthened the country’s position in the global economy. However, there are still several challenges to overcome. Dependence on a single sector like RMG makes the economy vulnerable to global market shocks. Additionally, infrastructural deficiencies, lack of skilled labor, political instability, and compliance issues often hinder export growth. To overcome these challenges, Bangladesh needs to diversify its export base, improve product quality, invest in research and innovation, and ensure compliance with international labor and environmental standards. Developing efficient ports, improving transportation, and providing policy support and incentives for exporters are also essential steps. In conclusion, export trade is a cornerstone of Bangladesh’s economic progress. With strategic planning, proper implementation of policies, and international cooperation, Bangladesh can further expand its export markets and achieve sustainable development
Our Export Trade (Bangladesh)
Export trade plays a vital role in the economic development of a country. For a developing country like Bangladesh, which has limited natural resources and a large population, export trade is not only a source of foreign exchange but also a means of employment generation and industrial growth. Over the years, Bangladesh has made significant progress in expanding its export sector, with a focus on diversification and quality improvement.
The main export items of Bangladesh include ready-made garments (RMG), jute and jute goods, leather and leather products, frozen fish and shrimp, agricultural products, ceramics, pharmaceuticals, and more recently, information and communication technology (ICT) services. Among them, the RMG sector is the most dominant, contributing over 80% of the country’s total export earnings. Bangladesh is currently the second-largest garment exporter in the world, after China.
Jute, once called the "Golden Fibre" of Bangladesh, has regained some of its lost glory in the international market due to increased demand for eco-friendly products. Similarly, leather goods and frozen food sectors have shown promising growth. The government has also taken steps to promote non-traditional export items like handicrafts, light engineering products, and software services.
Export trade has helped Bangladesh to earn valuable foreign currency, reduce unemployment, and improve the standard of living. It has also strengthened the country’s position in the global economy. However, there are still several challenges to overcome. Dependence on a single sector like RMG makes the economy vulnerable to global market shocks. Additionally, infrastructural deficiencies, lack of skilled labor, political instability, and compliance issues often hinder export growth.
To overcome these challenges, Bangladesh needs to diversify its export base, improve product quality, invest in research and innovation, and ensure compliance with international labor and environmental standards. Developing efficient ports, improving transportation, and providing policy support and incentives for exporters are also essential steps.
In conclusion, export trade is a cornerstone of Bangladesh’s economic progress. With strategic planning, proper implementation of policies, and international cooperation, Bangladesh can further expand its export markets and achieve sustainable development
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