With the inspirations and allurements of tobacco companies, the farmers
in Gangni under Meherpur district are busy in tobacco cultivation on their croplands,
says a report on the Daily Jia Jai Din on December 29, 2013. The investigative report has found that around
1400 hectares of arable lands have been prepared for tobacco plantation which
is almost twice comparing to the last year. Besides, tobacco companies are providing
special incentives like fertilizers and insecticides for the cultivation among
the
Mismatches in Fiscal and Monetary Management
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The Unnayan Onneshan, an independent
multidisciplinary think-tank, reveals that the gross domestic product (GDP) in
the current fiscal year is likely to experience a decelerating rate for the
third time in a row from those of the preceding years.
The research organisation’s half-yearly assessment
of the economy, coinciding with the end of the calendar year and the completion
of the tenure of the present government, also states that the growth in GDP may
fall below the decadal average of six percent due to fiscal
Interest Rate Spread
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It is possible to reduce the IRS to some extent by increasing operating efficiency in the banking sector through reducing overhead costs and the proportion of NPL could contribute in reducing IRS and strengthening of capital market could be an alternative mode of mediating private savings, and in this way
it is possible to make the sector more competitive in the medium-to-long run. Moreover, even after following the financial liberalisation thesis for more than decades, wide disparity exists between
it is possible to make the sector more competitive in the medium-to-long run. Moreover, even after following the financial liberalisation thesis for more than decades, wide disparity exists between
FINANCIAL REFORM
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Financial liberalisation (FL) refers to the regulation of domestic financial markets and the liberalisation of the capital account. It is generally believed to improve financial sector development, which in turn, will enhance economic growth. The liberalisation process began with the privatisation of state owned enterprises in 1976 in the backdrop of a significant deterioration of the economic condition. Formally, the financial sector reform programme was launched in 1984 with the appointment of the national
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