The increase in the per capita income
indicates Bangladesh economy is now in good shape amid the Covid-19 pandemic situation.
The government statics on Monday shows the country’s per capita income has stood at $ 2,227 which is equivalent to TK 188,873 in fiscal year 2020-21. Besides, the country’s GDP has also increased to TK 30, 87,300 crore now from TK 27, 96,358 crore.
It is a good achievement as increase in per capita income makes a nation look better in comparison to others and results in an increasing purchasing capacity of people. We think the government is aware fully about the demands of the country’s people and thus it is working for them as it wants to improve their living standards vastly.
Inclusive and pro-poor policy programmes of the government
are also largely contributing to reduction
of poverty and inequality alongside ensuring
commendable economic
growth
It has been observed that the country continues achieving successes in various socio-economic indicators, including GDP growth, per capita income, food production, remittance, inflation, import and export in the last 12 years. We think it could have been possible due to Prime Minister Sheikh Hasina’s dynamic and visionary leadership. Besides, inclusive and pro-poor policy programmes of the government are also largely contributing to reduction of poverty and inequality alongside ensuring commendable economic growth.
We think due to the government’s pragmatic measures to accelerate development of Bangladesh and create employment, the per capita income of Bangladesh now stands at $ 2,227. The government believes that the per capita income will be US$ 5500 by 2031 while it will be US$ 16000 in 2041 as it has been pursuing thel Vision- 2041. And it is now working to formulate a 2021-2041 development plan to make the country a developed and prosperous one by 2041.
As the government gave priority to electricity, gas and communication for developing infrastructures and making the country an investment hub for both local and foreign investors, huge employment opportunities will be created.
Therefore, people will be able to get them engaged in different jobs from where their income will be generated. We hope the upward trend of per capita income and GDP will continue in future.