Rationalising microcredit interest rates
As the government seeks to reform the microfinance sector, which has long been plagued by irregularities and high interest rates, a crucial question has emerged: should lending rates of microfinance banks be capped? The newly promulgated Microfinance Bank Ordinance proposes transforming eligible microfinance institutions into specialised banks operating under a...
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A world without the UN?
As the World War I or WWI ended, the victors of the war made the Covenant of the League of Nations, in short, League, in January 1920, wherein the Treaty of Versailles was included. The mission was to maintain world peace. But it failed in its mission because the vanquished...
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Blaming bureaucracy for governance failure now makes no sense
Muhammad Fouzul Kabir Khan, the adviser in charge of the Ministries of Power, Energy and Mineral Resources, Roads and Bridges, and Railways was at his oratorical best when he was grilling bureaucracy during an inauguration of a programme held at the BRTC Training Institute in the city on January 27....
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Abandoned govt. buildings
Many old government offices, warehouses, staff quarters and half-constructed structures now lie abandoned in both urban and rural areas. Once built with public funds to serve administrative or social purposes, these establishments have been left unused for years due to poor planning, lack of maintenance, or changes in policy priorities....
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Traffic congestion in Rajshahi city
Traffic congestion and public suffering have long been increasing in the Railgate area, the heart of Rajshahi city. Thousands of people use this route every day for commuting. Due to heavy traffic pressure and limited road space, frequent waiting at the railway crossing and long traffic jams are a regular...
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