IT is a befitting move by the government at its highest level to dispel fear and panic among the businesses and all others concerned. Last week's business dialogue where both the Chief Adviser and the Chief of the Army made positive statements about the need for moving ahead afresh with confidence among all economic operators and others concerned to energise the economy and accelerate the peace of its growth, was a timely initiative on the part of the caretaker government. With a well-functioning system in operation, the businesses, on their part, do need to carry out their operations transparently and go by the standard rules while upholding the values of competitive efficiency.
There should be no crony symptoms among them and they must not indulge in any unethical practices and unfair deals any more. On its part, the government should make unfailing efforts to improve governance, strengthen institutions and help faster a culture of openness and transparency while dismantling unnecessary regulations that breed rent-seeking activities.
Now that all concerned sections of people do appreciate amply well the fact that the nation should get rid of the practice of corruption and tax evasion as far as practicable, it will be wiser on the part of the government to remove the causes that are responsible for persistence of irregularities, corruption and tax dodging.
The big fishes who have grossly abused their power, amassed crores of takas and grabbed enormous wealth by foul means are already facing the music. Such actions against big fishes have taught a serious lesson to all other lesser evil-doers. Corruption and irregularities had become a norm in the country as the most powerful ones in the country set the pattern for all others. That phase of life in our national life should be considered a matter of the past and, for this to be a lasting reality, the government has to take appropriate follow-up actions for deep-seated institutional reforms aiming at strengthening governance.
While the big-shots who were deeply involved in corruption must pay for their blatant misdeeds, the fear factor among lesser evils must be removed to encourage them to behave properly.
Abul Kalam
Muhammadpur,
Dhaka.
Removing fear factor
FE Team | Published: September 12, 2007 00:00:00 | Updated: February 01, 2018 00:00:00
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