SANEM’s survey on poverty rate is illogical: Finance Minister
AHM Mustafa Kamal. File photo Star Online Report Star Online Report
Finance Minister AHM Mustafa Kamal today said the survey which claimed that 42 percent of 5,577 households are below poverty line is illogical.
The survey was carried out by South Asian Network on Economic Modeling (SANEM).
The finance minister said this after a meeting of Cabinet Committee on Government Purchase (CCGP).
Replying to a question from reporters, he said, I think the whole survey has been totally distorted from the real position.
SANEM on January 23 revealed the survey findings, conducted over November and December last year, which found 42 percent of 5,577 households were below the poverty line.
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Food Safety Sustainable Agri System A Must The New Nation By
About 40.6% of the total workforce in Bangladesh is engaged in agriculture, as per data showed by Bangladesh Economic Survey 2019. According to the Bangladesh Bureau of Statistics, 46.61% of households of the country are dependent on agriculture. Besides, World Bank says, agriculture is the source of income for 87% of rural people in Bangladesh. The country s GDP growth comes mainly from 5 sectors of which agriculture is one. The contribution of agriculture to the gross domestic product (GDP) of Bangladesh is 16.6%. So Bangladesh is still a major agricultural country.
However, the country s agricultural system is largely dependent on nature. Floods, droughts, heavy rains and salinity in coastal areas have repeatedly hampered the agricultural production of Bangladesh for many years. Moreover, as a result of not using modern technology in agriculture, we have not got the expected yield in the past
In a stag hunt game, multiple hunters must cooperate each other to successfully encircle and hunt a stag. In the event that a hunter fails to cooperate and instead hunts a rabbit, it will no longer be possible for the remaining hunters to catch the stag. In such a case, the hunters will be better off abandoning any idea of cooperation and individually hunting rabbits for themselves. As long as the total meat obtained from the single stag is greater than the total meat obtained from all the rabbits, the hunters lose from failing to cooperate among themselves.
In many ways, global problems such as the Covid-19 pandemic or the climate change crisis, which demand greater international cooperation in order to be tackled successfully, may also be viewed as stag hunt games. Unless all countries of the world cooperate among themselves to deal with the stags of Covid-19 and climate change, we will ultimately be left with only rabbits , if anything at all.
Pumpkin farming gets popular in Bogura’s char areas
Farmers make huge profits with a little investment
Farmers of Bogura s char areas alongside the Jamuna and Bangali rivers enjoyed good profit amid the ongoing coronavirus pandemic by cultivating different varieties of pumpkins on the abandoned lands with little investment.
Sayeed Hosain, a farmer of Batir char under Sariakandi upazila, cultivated pumpkins in the area for the first time just two and a half months ago. He has already harvested over 100 maunds of pumpkin that sold for Tk 1 lakh in total. Hossain sells his pumpkins for Tk 700-900 per maund. I hope to sell the rest of the pumpkins for Tk 4 lakh. I only have invested Tk 60,000 for the seven-bigha pumpkin lands. There are a lot of abandoned lands at this char after flood water receded but I had very little money to invest.
The schedule for the sixth population census of the country has been deferred by 10 months due to the Covid-19 pandemic. As per the revised schedule, the population census will be held for seven days from October 25 to 31. Bangladesh Bureau of Statistics (BBS) officials announced the new schedule at a programme today. The sixth population census was scheduled to be held from