2.45 crore new poor in the country, who is responsible? Straight From Star Newsroom Straight From Star Newsroom
The economic shock induced by the pandemic has pushed 2.45 crore people into poverty in one year. The Power and Participation Research Centre (PPRC) and the Brac Institute of Governance and Development (BIGD) run this survey and found that the number of new poor people is higher in urban areas than in rural areas.
What is the way out of this situation and is there any initiative of the government to save these newly impoverished people?
Watch Straight From Star Newsroom to get answers to these pressing questions from The Daily Star s Business Editor Sohel Parvez.
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Finance Minister AHM Mustafa Kamal today said the government would accept the data on the number of new poor only from the Bangladesh Bureau of Statistics (BBS), not from any private company. The minister made the remark just a day after a study of the Power and Participation Research Centre and the Brac Institute of Governance and Development revealed that 2.45 crore people
The ongoing pandemic has caused huge economic losses for the world. In 2020, growth in South Asia contracted by 5.4 percent, which does not capture the whole story of how terribly its people have actually suffered but it is an indicator of how the region has struggled over the last year.
In late last March, the World Bank said in a report that South Asia is expected to grow by 7.2 percent this year and that the expansion will be driven mainly by Bangladesh and India. This expectation was predicated on the success of South Asian nations in containing the virus. Less than a month after the WB s bold prediction, both India and Bangladesh are now again struggling to contain the spread of the virus, making the WB s prediction look premature and optimistic at present.
2 45 crore new poor created by pandemic thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.