He also suggested the government increase direct taxes on wealthy people so that people with low incomes need not be overburdened with tax.
The rural-urban education divide can perpetuate inequality and hinder the overall development of the country.
Reducing income inequality by taking concrete steps is morally fair and economically justified.
The Centre for Policy Dialogue (CPD) yesterday proposed increasing the tax on high-income individuals to 30 percent in fiscal year (FY) 2024-25 as the move would likely reduce income inequality in Bangladesh.
Bangladesh must embrace change for a sustainable development
Tough measures needed to keep prices of essentials in check
PM's call to ministers is a timely one
Money and politics have become deeply intertwined over the last few decades
BBS survey reveals alarming picture of wealth concentration by the rich
Overall progress can conceal significant details regarding regional variations in development
Clearly, deep-rooted biases and stereotypes are at play.
Rising economic inequality in Bangladesh is not an inevitable phenomenon.
Income inequality in Bangladesh has deepened in the past six years, according to data from the Bangladesh Bureau of Statistics (BBS).
A 2016 research study published in the Oxford University Journal analysed health inequality in Bangladesh, which found that income variance is the prime factor behind health disparities.
The biggest factor behind the disconnect is that the largest companies with stable profitability refuse to come to the market.
Specific policy incentives are needed to stimulate the economy and revive the labour market.
The cost of grand corruption in Bangladesh is only continuing to go up.
Dr Hossain Zillur Rahman, executive chairman of the Power and Participation Research Centre (PPRC), discusses the proposed national budget for the 2022-23 fiscal year with Eresh Omar Jamal of The Daily Star.
A recent study by a think-tank has exposed the underbelly of the development scenario in Bangladesh in which rising GDP growth and rising income and wealth inequalities walk hand in hand.