Clicky
Editorial

Tk 6000cr stimuli for 20 lakh traders

Create opportunities for businesses to turn around


Bangladeshpost
Published : 07 Nov 2020 06:35 PM | Updated : 08 Nov 2020 01:06 AM

The small and medium enterprises or SMEs have boosted the economy of the country to a great extent enabling the fulfilling of SDGs slowly but surely. In that continued condition of development the coronavirus pandemic has thrown a monkey wrench bringing everything to a complete stop. Now, since the country has once again regained control over its economy and the wheels are slowly spinning, the government has decided a massive and well needed stimulus package for the businesses.

As per a report published in this daily, some 20 lakh people engaged in different small trading businesses will get Tk 6,000 crore in a government incentive package for a turnaround from the loss they incurred during the Covid-19 pandemic. This incentive will help people regain confidence and get interested in small businesses that might have been hit hard and were forced to close down.


In these trying times this stimulus package will 

surely be able to pique the interest of 

concerned business people who want to avail this fund 

and help turn around their own businesses


In these trying times this stimulus package will surely be able to pique the interest of concerned business people who want to avail this fund and help turn around their own businesses and also pitch into the economic recovery of the country.

With the government providing such a hefty subsidy it is just a matter of time before the economy gets back on its feet. Also this system of turning around might be able to boost the economic growth of the country past the level it was during pre-covid days. If this really happens then it would be the greatest  achievement at the end of a tumultuous year of pandemonium.