logo

Help struggling industrial sector

Friday, 9 May 2014




Lack of security is seriously denting the mood of investors as no one wants to invest when the overall situation of a country is tumultuous. Investors have already suffered due to pre-poll election violence and are gradually recovering from the economic shock they faced due to political unrest. Everyone concerned has already expressed dissatisfaction over the prevailing situation. If the law and order situation doesn't change drastically, it will be very difficult for our wobbly economy to gain steadiness.
The government has taken a soft attitude towards the investors and ordered all the banks to reschedule loan to those suffered loss due to political instability. The government should have given concession in bank interest for the same reason as many industries have lost  significant capital and now struggling hard to recover. Only reschedule will not help the investors to gain their previous positions. The government should look into the matter with compassion. We must protect it at any cost from ruin. Good governance has no alternative and we have to establish it. Political parties should reconcile and bring our country on the right track.
Nadim Javed
Tejgoan, Dhaka