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bangladesh

Agriculture a key driver in reducing poverty

Agriculture is a leading contributor to poverty reduction in Bangladesh since 2000, a new World Bank report said. The country now needs to shift towards high-value agriculture, including horticulture, livestock, and fisheries as well as greater value addition to improve farmers’ income and household nutrition. The report launched on May 17, “Dynamics of Rural Growth in Bangladesh: Sustaining Poverty Reduction,” says pro-poor agricultural growth has stimulated the non-farm economy. It estimates that a 10 percent rise in farm income generates a 6 percent rise in non-farm income. Hence, the growth of the non-farm economy largely depends on agriculture. Although rural non-farm employment is almost 2 times higher than all urban employment put together,

India plans to ‘divert rivers’; Bangladesh cries foul

India is set to divert water from major rivers such as the Brahmaputra and the Ganges to regions in the country that are prone to severe drought, Water Resources Minister Uma Bharti told BBC on Monday. However, Bangladesh’s water resources minister urged the Modi government to ensure the country gets its share of water. Stating that the project on The Inter Linking of Rivers (ILR) has 30 planned links for water-transfer, Bharti said one link is set to kick off any time. “Interlinking of rivers is our prime agenda and we have got the people’s support and I am determined to do it on the fast track,” Bharti told BBC. “We are going ahead with five links [of the rivers] now and the first one, the Ken-Betwa link [in

BD ranked 5th with people without net access: WB

With 148 million offline population, Bangladesh still has the world’s fifth largest number of people who are not connected to the internet, said a World Bank report. India has the largest number of 1.003 billion people who are not connected to the internet, followed by China with 755 million offline population, Indonesia with 213 million and Pakistan with 165 million respectively, the report showed. According to the report titled ‘World Development Report 2016: Digital Dividends’ launched in a city hotel on Monday, Bangladesh has one of the cheapest rates to make a phone call, but internet prices remain high, says news agency UNB. However, the number of people having access to the internet has recently crossed 60 million in

Qatar Charity finishes Bangladesh projects

Qatar Charity (QC) has completed development projects to provide basic services and livelihoods to the needy in Datyabara in Bangladesh. The projects included establishing a school for preparatory and secondary students, a health centre, a mosque, a centre for reciting the Holy Quran, a home for social care, and surface water wells. Agricultural lands were also distributed to 30 needy families under an income generation programme. More than 5,000 people are benefiting. [caption id="attachment_23323" align="alignleft" width="540"]QC Students ...

BB accolades IBBL for highest agro investment

Islami Bank Bangladesh Limited (IBBL) disbursed the highest Agriculture & Rural Investment (Credit) among all private commercial banks during financial year 2014-15. Md. Altaf Hossain, Executive Vice President & Head of SMED-II of the bank received the Letter BB Appreciation_Agro_Investmenof Appreciation from SK Sur Chowdhury, Deputy Governor of Bangladesh Bank recently for achieving the investment target. During the period, Islami Bank disbursed agriculture & rura...

PBL gets BB Letter of Appreciation

Pubali Bank Limited (PBL) has achieved all the targets set by Bangladesh Bank for Agriculture & Rural Investment for the financial year 2014-2015. _MG_180901In this achievement Bangladesh Bank has presented a ‘Letter of Appreciation’ to the Bank. Deputy Governor of Bangladesh Bank S. K. Sur Chowdhury recently handed over the Letter to Md. Abdul Halim Chowdhury, Managing Director and Chief Executive Officer(CEO) of Pubali Bank Limited at Bangladesh Bank Head Office. Among others BB Executive Director Subhankar S...
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