Letters to the Editor

Tapping potential of freelancing


FE Team | Published: September 25, 2024 20:11:28


Tapping potential of freelancing


Freelancing has gained significant popularity around the world, and Bangladesh is no exception. In 2023, 1.57 billion people, or 46.7 per cent of the global labour force, were freelancers, contributing to a market valued at $3.39 trillion, with approximately 1 million freelancers hailing from Bangladesh.
Despite this, Bangladesh has yet to fully tap into the potential of this sector. The story of Mir Mugdho, who tragically died on 18 July during the anti-quota protests, has sparked discussions on the value freelancing can bring, particularly for Bangladeshi youth. Freelancing offers supplementary income across various fields, such as web development, content creation, design, digital marketing, and programming. It not only provides freelancers with flexibility in their financial expectations and scheduling but also allows them the independence to choose the projects they wish to work on. Furthermore, freelancing grants geographical freedom, enabling individuals to work from anywhere.
Freelancing also generates foreign currency and drives economic growth, offering substantial benefits to the government. Therefore, the government should take an active role in supporting this sector by removing the stigma associated with freelancing, which is often undervalued, by training individuals with the necessary skills, and providing grants and microloans to empower promising freelancers.
Bangladesh has the potential to become a significant force in the global freelancing market, fostering innovation, creativity, and long-term economic development. The nation's hardworking and creative minds should lead this charge, with strong governmental support helping to pave the way for others to follow.

Md. Farhan Shifat Mahi
North South University
Bashundhara, Dhaka
farhan00sc@gmail.com

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