Although the prices of some daily commodities have decreased, middle- and low-income families are still struggling to make ends meet due to the recent hike in prices of essential grocery items such as eggs, chicken, onions, and potatoes.
Despite an upward trend in the overall catch, year-on-year growth rate of hilsa production has been declining in recent years. The reasons include illegal netting of brood and jatka hilsa, widespread use of banned gillnet and the impact of climate change such as erratic rainfalls.
The drop in the price of rice and flour could not bring relief among low income people as the vegetable price is soaring.
With the consumers already feeling the pinch of the soaring prices of essentials, most of the spices are becoming pricier ahead of the Eid-ul-Azha.
The government is set to distribute 10 kilograms of rice to each of the 1.25 crore ultra-poor and destitute families ahead of Eid-ul-Azha to soften the blow of a spiralling inflation.
The government is set to form the National Pension Authority (NPA) to execute the Universal Pension Scheme formulated to provide pension services for the common people.
Although tax returns are a key document for investigating illegal wealth, the Income Tax Bill 2023 proposes making it impossible for Anti-Corruption Commission officials to access a suspect’s tax files without a court order.
The government’s high-ups have talked about their “firm stances” against graft to protect the country’s GDP on multiple occasions. However, there is little reflection of that stance in the latest budget disclosure as to how the government will curb corruption and money laundering.
Small and medium poultry farmers, who have been struggling to recover from last year’s Covid-induced economic shock, are facing fresh troubles due to the ongoing lockdown.
The rising prices of daily essentials, driven by travel restrictions, are making it difficult for the middle and low income people to make ends meet.
Last year’s prolonged shutdown had left Ainal Haque with no option but to give up driving inter-city buses and take up driving a three-wheeler to survive the economic shock.
The soaring prices of daily essentials, including chicken, edible oil, onion and vegetables, have added to the woes of the people living on a fixed income.
Investigators have so far been able to trace the whereabouts of Tk 1,150 crore out of about Tk 2,500 crore misappropriated allegedly by PK Halder and his accomplices from International Leasing and Financial Services Limited (ILFSL).
First of all, the Anti-Corruption Commission (ACC) is a statutory body tasked with combating, preventing and controlling corruption and also promoting the best practices in professional conduct.
The five-year tenure of the Anti-Corruption Commission is about to end and a new one is to take charge this month but the fate of the probes into 56 cases filed in connection with the BASIC Bank loan scam remains uncertain.
Proshanta Kumar Halder alias PK Halder had played tricks on four non-bank financial institutions in such a way that no one could suspect anything before around Tk 10,000 crore were siphoned from those.
PK Halder used forged national identity cards to borrow Tk 450 crore from three financial institutions (NBFIs) and laundered the money, according to Anti-Corruption Commission findings.
With fake documents, a close accomplice of Proshanta Kumar Halder, known as PK Halder, alone managed to get loans of about Tk 3,520 crore from three non-banking financial institutions (NBFIs) between 2015 and 2019.
