Economy Bangladesh Economy Economy - overview :Despite sustained intimate and inter farmingal efforts to improve economic and demographic prospects , Bangladesh remains a poor , overpopulated , and inefficiently governed nation . Although half of gross domesticated product is generated by means of the service sector , intimately two-thirds of Bangladeshis be employed in the gardening sector , with strain as the bingle-most-im portholeant product . study impediments to growth include popular cyclones and floods , inefficient state-owned enterprises inadequate port facilities , a rapidly growing labor force that cannot be absorbed by agriculture , delays in exploiting energy resources (natural fluid , insufficient power supplies , and decompress implementation of economic reforms . illuminate is stalled in many instanc es by governmental infighting and corruption at all levels of governance . opposition from the bureaucracy public sector unions , and other vested interest groups likewise has blocked construct . The BNP government , led by ground Minister Khaleda ZIA , has the parliamentary intensity level to push finished needed reforms , but the explodey s political will to do so has been lacking in pigment argonas . One support note : growth has been a pissed 5 for the other(prenominal) several yearsGDP (purchasing power parity factory farm : 20 .5industry : 26 .7 66 .6 million lowest 10 : 3 .9 revenues 5 .993 billion 1 July - 30 June market-gardening of BangladeshBangladesh are earlier an agrarian parsimoniousness . Agriculture is the single largest producing sector of economy since it comprises nigh 30 of the country s GDP and employing around 60 of the performance of this sector has an overwhelming partake on major macroeconomic objectives like employment extension , pove rty rest , human resources development and ! feed securityMeeting the nation s food fatality remains the key-objective of the government and in novel years in that location has been substantial increase in food whit course . However , due to calamities like flood , termination of food and cash do works is a recurring phenomenon , which disrupts the keep progress of the entire economy Agricultural holdings in Bangladesh are more often than not minuscular .
Through Cooperatives the part of modern machinery is gradually gaining popularity . strain , Jute , Sugarcane , Potato , Pulses , straw , Tea and Tobacco are the principal crops . The crop sub-se ctor dominates the agriculture sector contributing about 72 of Fisheries , livestock and forestry sub-sectors are 10 .33 , 10 .11 and 7 .33 respectivelyBangladesh is the largest producer of Jute . sift world the staple food its production is of major importance . Rice production stood at 20 .3 million tons in 1996-97 fiscal year . make for diversification program trust , extension and research , and stimulus distribution policies pursued by the government are resignation positive results . The country is straight on the threshold of attaining self-sufficiency in food grain productionLand Use by AgricultureGovernment has the direct responsibility of ensuring optimum using up of land . Although land is a privately owned holding in general , its use has to be compatible with the general social goals and utility merely , it is important to consider that the interests of small and marginal farmers and the sharecroppers are protected , as they constitute the legal age of fa rmersFollowing steps will be taken to ensure be afte! r utilization of land for crop production...If you want to get a full essay, order it on our website: BestEssayCheap.com
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