Employment-generation

Razzak Jute Industries was shut down for various reasons. As a result, several thousand workers of the jute mill became unemployed. The factory was recently reopened by Abul Khair Group, one of the country’s leading industrial conglomerates. The products manufactured at the jute mill are now also being exported abroad. Razzak Jute Industries is not the only one. The country’s one of the leading industrial groups has also reopened several other closed jute mills. These are Dahmashi Jute In...

A total of Tk 5,173,500 remained unspent after the completion of the 10 kilometre re excavation of the Molongi Canal in Fulbaria, Mymensingh, aimed at bringing revolutionary changes to the agricultural sector. The surplus amount has been returned to the government treasury, Upazila Nirbahi Officer Shahidul Islam Sohag confirmed. According to the Office of the Upazila Project Implementation Officer, under the Employment Generation Program for the Poorest operated by the Ministry of Disaste...

The Executive Committee of the National Economic Council (ECNEC) has approved eight projects.The approval was given at a meeting held today (Wednesday) at the Cabinet Division conference room in the Secretariat, chaired by Prime Minister Tarique Rahman.Among the projects, three are new and five revised ones. The total cost of these projects is approximately Tk 14,041 crore and 21 lakh. Of this, Tk 10,494 crore and 21 lakh will come from the government's own funds, while Tk 3,550 crore and 44 lak...

The government is contemplating to boost investment, industrial production, and employment and credit to the private sector in the upcoming budget. Due to a prolonged tight monetary policy aimed at controlling inflation, credit flow to this sector had been low. To overcome the resulting sluggishness...

Bangladesh Bank has announced a Tk 60,000 crore refinance and support fund aimed at restarting closed industries, assisting small and medium entrepreneurs, and creating new employment opportunities. The central bank hopes that this initiative will generate employment for over 2.5 million people in t...