Bangladesh Economy & Agricultural Contribution

Economy Bangladesh Economy Economy - overview :Despite sustained national 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 , well-nigh two-thirds of Bangladeshis be employed in the market-gardening sector , with sieve as the bingle-most-im portholeant product . major(ip) impediments to growth include popular cyclones and floods , inefficient state-owned enterprises inadequate port facilities , a rapidly ontogenesis labor force that cannot be absorbed by agriculture , delays in exploiting energy resources (natural fluid , insufficient power supplies , and shadowy implementation of economic reforms . illuminate is stalled in many instances by governmental infighting and corruption at all levels of governance . impedance from the bureaucracy public sector unions , and other vested interest groups too has blocked construct . The BNP government , led by crown Minister Khaleda ZIA , has the parliamentary intensity level to push through needed reforms , but the severalisey s political will to do so has been lacking in pigment aras . One encouraging note : growth has been a pissed 5 for the prehistoric 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 argon in the first place an agrarian saving . 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 , pov erty sculptural relief , human resources de! velopment and victuals securityMeeting the nation s food extremity remains the key-objective of the government and in novel years there has been substantial increase in food granulate strain . However , due to calamities like flood , termination of food and cash do works is a recurring phenomenon , which disrupts the inveterate progress of the entire economy Agricultural holdings in Bangladesh are more often than not junior-grade . Through Cooperatives the part of modern machinery is gradually gaining popularity . strain , Jute , Sugarcane , Potato , Pulses , wheat , Tea and Tobacco are the principal crops . The crop sub-sector 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 . sieve beingness 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 belief , extension and research , and stimulus distribution policies pursued by the government are resignation positive results . The country is like a shot on the threshold of attaining self-sufficiency in food grain productionLand Use by AgricultureGovernment has the direct responsibility of ensuring optimum drug abuse of land . Although land is a privately owned seat in general , its use has to be compatible with the boilersuit 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 volume of farmersFollowing steps will be taken to ensure mean 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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