Professional Documents
Culture Documents
2. Anamika Haque
ID: 041-18-246
3. Aziz Ahmed
ID: 041-18-268
4. Franklin Bishwas
ID: 041-18-262
Subject: Submission of the report on Poverty Alleviation: Present situation and future planning
We are the students of B com (Hon’s), 3rd batch and we have prepared our report to fulfill our
Business Communication course requirement.
We have prepared our report on Poverty Alleviation in a document related information basis
our report based on three parts. First, SAARC and its operation for Poverty Alleviation,
Second, Government and third, NGOs effort for Poverty Alleviation.
We think this report will help us to know the present situation of Poverty as it is yet on of the
major challenge for Bangladesh and also its reduction process Thank you.
Sincerely yours
2. Anamika Haque
ID: 041-18-246
3. Aziz Ahmed
ID: 041-18-268
4. Franklin Bishwas
ID: 041-18-262
Acknowledgement
First, we praise for Almighty Allah that we are able to prepare this important report. We are
grateful to our course teacher Mr. Iftekhar Amin Chowdhury who has assigned us to prepare a
report on any present and important problem. We think it is a vital opportunity for us to
observe the present poverty situation in Bangladesh. We are very delightful to prepare this
report. We think this report will help us to prepare any assignment in hear future. We express
great fullness to MD. Zobih ullah Director, IMED, M/O. planning, Grameen Bank Head
office and our library teacher who help us to provide relevant document that is required to
prepare our report
Executive Summery
SAARC beginning in December 1985 has been working for promoting the economic
aspiration of the people of South Asia .The population of about one third are poor on that
region .SAARC selected poverty Alleviation as the overreaching goal of all activities .So it
has formed In the present South Asian commission on poverty Alleviation (ISACPA). The
last SAARC summit in Dhaka recognize poverty is the key challenge in the region .It has also
formed SAARC poverty Alleviation fund to eradicate poverty in 2006 -2015 and this period
is known as the SAARC decade of poverty Alleviation
Bangladesh government and non government Organization (NGO) particularly
Grameen Bank ,Proshika and Asia development Bank have declare battle for poverty
eradication .Bangladesh government recently prepare National strategy for accelerated
poverty reduction (PRSP) in order to achieve the millennium development goals (MDGs) to
reduce poverty in half by 2015 .
Contents
Poverty Alleviation: Present Situation & Future Planning
Table of contents
Acknowledgement
Executive Summary
Organization part:
Chapter one:
1.1 Origin of the report
1.2 Objective of the report
1.3 Sources of information
1.4 Methodology
1.5 Limitation of the study
Chapter two: An overview of SAARC and its operation
1.6 SAARC
1.7 Objectives
1.8 About Association
1.9 SAARC priority project: Poverty Alleviation
1.1o Dhaka declaration of the 7th Summit for poverty Alleviation
1.11 Last SAARC Summit in Dhaka
1.12 Dhaka declaration of 13th SAARC Summit and future planning
Project part:
1.1 Introduction
1.2 Scope of the study
1.3 Objective of the study
1.5 Source of data
Chapter two:
Analysis
Chapter three:
Government
Non-government organization
PROSHIKA
1 Introduction:
2. Bulding people organization
4. Training:
5. Employment and Income Generating (EIG) Activities:
6. PROSHIKA Savings Scheme (PSS)
7. Economic-Social Security Programme (ESSP)
8. Education:
9. Healths and Nutrition
10. Legal Literacy and Legal Aid
11. Human development programme.
12. Group Training
13. Workshops
14. Staff Training
15. PEOPLE'S ORGANIZATION BUILDING (POB)
16. Group Federation
17. Group Development Stages
18. Area Expansion
Future Planning.
1. Trade policy and poverty.
2. Supporting RMG Sector.
3. Promoting Employment.
4. Development of Entrepreneurship.
5. Development of ICT for Growths and Poverty Reduction
6. Expanding Telecommunication Programmed
7. Expanding Internet facilities for Rural People
8. Tacking Corruption.
INTRODUCTION:
SOURSES OF INFORMATION:
We collect major part of information from Internet, Book on SAARC SUMMIT in 1993 and also from the Daily
Star (renewed daily Newspaper).
METHODOLOGY:
We prepare our report (Organization part) about SAARC on document related information
basis and we collect information from Internet, Book on SSARC SUMMIT in 1993 and also
from The Daily Star.
South Asian Association for regional Cooperation (SAARC) has completed its 20 years on 8
December last. Now it is enter in third Decade. SAARC was essentially conceived for
promoting the economic aspirations of the people in the region. SAARC could not as yet be
vigorous as other regional groupings.
Last SAARC summit in Dhaka:
The thirteenth SAARC summit was held in Dhaka from 12-13 November. Bangladesh Prime
Minister Begum Khaleda Zia was elected the new chairperson of SAARC as Bangladesh
hosted the summit. Prime Minister Khaleda Zia said that historic 13 th summit marked the
beginning of a new phase, the third cycle of SAARC activities. She also said that this summit
focused on a set of activities, such as Poverty Alleviation, Economic cooperation, Combating
terrorism, Disaster management and addressing social challenges. Prime minister said that the
summit recognized poverty as the greatest challenge for the region. She also informed that
everyone reached at the conclusion that development cannot be achieved fully without
regional cooperation and they are confident that SAARC countries will now move forward.
They called upon the Finance Ministers to constitute recommendations on the operational
modalities of the fund and also considered the result of the meeting of financial express.
From this purpose, they host Pakistan to the next meeting of finance Ministers. Finance or
Planning Ministers will be decided the operational modalities of the SPAF. They expressed
same opinion that SPAF shall function inside the SADF to be reconstituted, SAARC
Development fund (SDF) to help all SAARC projects and programmes as the umbrella
financial institution and comprising three windows – Social windows, Infrastructure windows
and Economic window. As it is the last summit, so all of its commitment and agreement will
be held on future planning.
(Reference: Text of Dhaka declaration of the 13th SAARC summit, 2005, The Daily Star, and
p.4)
Introduction:
Bangladesh is one of the poor countries in the South Asia. In Bangladesh, over four million
people (one third of total population) remain poor after the thirty-year of independent.
(Ahmed, poverty eradication-MD Gand, Bangladesh, 2005, p.10). There is some good news
that according to Human Development Report 2003 Bangladesh, it has already achieved
Millennium Development Goals (MDGs) in respect of removing gender disparity ensuring
pure drinking water for poor people. To achieve the Millennium Development Goals and to
meet the challenge of reducing poverty, Government has approved a fundamental strategy of
seeking collaboration from NGOs and private sector. Government has also give topmost
priority to poverty reduction and formulated Unlocking the Potential, National Strategy for
Accelerated poverty Reduction (PRSP).
SCOPE OF THE STUDY:
We have specified our study on Poverty Alleviation. From this purpose, we focus on activities
of SAARC, regional association for cooperation for the peoples of South Asia, Government
of Peoples Republic of Bangladesh and NGOs. We focus that Government has taken some
measures recently, specially preparing Poverty Reduction Strategy Paper and make
commitment to implement it. We also study on Book of Finance Division, Bangladesh
Economic Review 2004 and 2005.
We prepared this report when all kinds of institutions from which we can collect information
were closed due to Eid Festival. We also want to mention that we are not able to get proper
recommendation from our course teacher as our university was closed at that time.
SOURSES OF DATA:
We collect major part of data from Bangladesh Economic Review 2004 and 2005.
Analysis
The last SAARC summit in Dhaka was held in 12-13 November and here the heads of state
or government declared the decade of 2006-2015 as the SAARC decade of poverty
Alleviation. So, if it implemented, then there will be no poor in the south Asian region. We
have also seen that government and NGOs want achieve an millennium development goal
(MDGs) that is to reduce poverty in half by2015. It is indicated that some poor will remain
other region on the world. We can say that everyone aim is unique, to reduce poverty in south
Asia and particularly in Bangladesh should receive top-most priority.
Introduction:
To measure poverty situation in Bangladesh we discuss or take two areas
1. Government
2. Non government Organizations (NGOs).
.
Government
At first in Bangladesh in 1973-74 “Household Expenditure survey “(HES) was started. At last
HES were done in 2000. From 1991-92 it was used as “Food Energy intake “ (FES) process
and “Direct calorie intake “(DCI). By this process every day under the 2122 kilo calorie were
called absolute poverty and under the 1805 kilocalorie called hard-core poverty. In 200 to
measurement poverty used “Cost of basic needs “(CBN).
Bangladesh statistics burro start survey after four years. At first it was held in 1004 and after
that poverty Monitoring survey (PMS) was started in 2004 .In this survey FEI and DCI were
also used. To measure correct result this survey was divided in to two parts one Urban and
second Rural. In Urban monthly expenditure is 905.90 and Rural is 594.00 Tk.
By FEI method:
By the “ Food energy intake “(FEI) method in 1999 the rate of poverty was 44.7%,
but now in 2004 reducing rate 42.1%. At the some time in urban area 43.3% reduce to 37.9%
and in rural area 44.9% reduce to 43.3%.
50
45
1999
40
2004
35
30
national Urban rural
By DCI method:
By the Direct Calorie intake we can measure that poverty rate is declining Firstly. In 1999
poverty Rate was 46.2%. But now by reducing the rate is 40.9%. In the same time in urban
area 49.9% reduce to 43.6% and in rural area 45.6% reduce to 40.1%. By this method we can
see that reducing rate of poverty in Urban is fast then rural area.
60
40 1999
20 2004
0
national Urban rural
30
20 1999
10 2004
0
national Urban rural
15
10 Poverty gap
5
0
Squared poverty
an
l
l
na
ra
gap
rb
ru
tio
U
na
National
Squared poverty Gap
Rural
Urban
2.9 3.9
Barishal
6.9 3.8 Chattagong
4.5 Dhaka
4.1
Khulna
2.6 2.7 4.3
Rajshahi
Sylhet
From the chart we can notice per head income increases in urban area than rural area. In
National per head income was 948Tk in 1999 but now in 2004 it is 1118Tk. In poor people
area it increases 602Tk – 631Tk and in non-poor area 1228-1466Tk. In Urban area in 1999
total poor and non-poor peoples per head income was 1678Tk, 902Tk, 2270Tk. Now in 2004
it is 1923Tk, 922Tk, and 2532Tk. Another side in rural area in 1999 total poor and non-poor
people income was 839Tk, 559Tk, 1067Tk and now it is 897Tk, 562Tk and 1152Tk. In 1999
total poor and non-poor peoples expenditure was 824Tk, 446Tk and 1128Tk but now it is 979
Tk, 482Tk, 1341Tk. In urban area at the same time 1285Tk, 613Tk, 1798Tk to changes in
1627Tk, 641Tk, and 2228Tk. It is also seeing in rural area.
2500
2000 National
1500
1000 Urban
500 Rural
0
Total Poor Non-poor
2000 1798
Literacy rate:
In chart we shows literacy rate base on age 5 years, 7years, 15years and above that.
According to the poverty survey 2004 also show 5 years or above 5 years literacy rate is
44.4%. In 2001 it was 42.5%. At the same time male literacy increases 2% and female
literacy increases 2.1%. 7 years or above 7 years male literacy rate is 51.1% and female is
42.9%. It was 49.6% and 40.8% in 1999.
60 46.4 48.4
42.5 44.4 40.4
38.4 All
40
Male
20 Female
0
2001 Pms-2004
60 49.651.1
45.347 40.842.9
40 2001
20 Pms-2004
0
All Male Female
60 53.9 55
47.549.2
40.843.3
40 2001
20 Pms-2004
0
All Male Female
25
20 National
15
Urban
10
5 Rural
0
Total Poor Non-poor
20
15 National
10 Urban
5 Rural
0
Total Poor Non-poor
The number of the elderly 9above 60 years) has been estimated to be 7.6 billion as recorded
in the 2000 census .The Government has introduced the “Old-Age programme ‘ in the rural
area .At the present this programme is operating in 42,991 wards of six division. Each
beneficiary receives Tk 165 per month. In the 2003/2004 budgets, the allocation was Tk 1.8
billion for this programme.(Unlocking the potential , National Strategy for poverty
Reduction,2005 )
Woman suffer when they become widowed, divorced or abandoned by their husband .To deal
this problem, the GOB introduced the “Widow Allowance “scheme in September, 1999. In
2003/04 the allocation for this programme was Taka900 million. At present a total of 4488
unions are covered under this programme.
The Vulnerable Group Development (VGD) programme is targeted to provide food and
development services to the poorest women in the areas. The immediate objectives of the
VGD programmes are: to increase the income earning capacity of the beneficiary women by
(a) Imparting training.
(b) Encouraging savings.
(c) Providing credit.
(Referency: Unlocking the potential, National strategy for accelerated poverty reduction,
2005, P.72-73)
Introduction:
PROSHIKA tries to reduce poverty from Bangladesh. They take many programmes to reduce
poverty .It a non-government Organization.
PROSHIKA has organized 21,193 urban poor into 1,163 primary groups including 864
women's groups (Table 1) under UPDP this year alone. PROSHIKA introduced its Urban
Poor Development Programme (UPDP) in 1990 to reduce the vulnerabilities of the urban
poor who are deprived of the basic needs of life such as food, safe drinking water, proper
health-care, education opportunities, clothing, proper housing and sanitation facilities, etc.
Besides, constant threats of slum eviction make their livelihood precarious. PROSHIKA
helps them restore their basic human rights and save them from the uncertainty of their
livelihood through this programme.
UPDP activities have so far reached 2,101 urban slums and 328 urban wards. Of these, 1,162 slums
and 129 wards were brought under the programme against the target of 1,518 and 134 respectively
during the last five (July 1999-June 2004) years. (Reference: www.proshika.org)
The number of women group members is 15,793. However, 13,478 primary groups have been
formed against the target of 12,000 since the beginning of Phase VI FYP.
(Reference:www.proshika.org)
Training:
The urban group members, like their rural counterpart also receive different human and skill
development training for capacity building and tapping income and employment opportunities.
During the reporting period, a total of 3,756 human development-training courses were held with
40,991 participants of whom 1,047 were women. Besides, a total of 169 human development
workshops were organized for 3,559 participants including 2,762 women.
.(Reference:www.proshika.org)
Although the risk of loan realization in urban settings is very high because of eviction, arson and
continuous movement of population, PROSHIKA assists its urban group members with credit
support along with appropriate training. However, in most cases, the realization rate has been good
since the inception of this programme. Often the hoodlums tend to disrupt the EIG activities of the
poor in urban slums but Slum Federations themselves resolve those problems.
During the year 2003-2004, the urban group members of whom 84 per cent projects were
implemented by the women group members implemented a total of 15,263 projects. The amount of
loan disbursed against these projects was Tk. 1,117 million. .(Reference:www.proshika.org)
The group members have deposited Tk. 28.46 million under the ESSP programme. The net savings
under ESSP unto 30 June 2004 stands at Tk. 53.75 million.
Education:
Although PROSHIKA decided not to establish any new NFP schools or adult literacy centers during
the period due to the lack of necessary operational funds, yet a total of 267 NFP schools have been
established with enrolment of 8,010 girls and boys during the year.
During the last five years (1999-2004), HDT has organized 1,044,755 training courses for
16,440,985 group members. Besides, 911 staff training courses were conducted for 23,271 staff
members.
More than 20 million people have been provided with PROSHIKA's human development training
(HDT) so far.
Training courses are also organized for the staff of other NGOs and government agencies to build
their capacities in different areas.
Group Training
This year, PROSHIKA conducted 16,221 centrally organized, GTC, village and group-based human
development training courses for 225,175 participants of which 168,636 were women.
The HDT courses for the group members and the leaders of the federations are as follows:
a) Social Analysis and the Techniques of Building Organizations;
b) Development and Organization;
c) People’s Organization Management;
d) Health and Nutrition Education;
e) People’s Theatre;
f) Non-formal Primary Education;
g) Methods and Techniques of Participatory Training of the Trainers
(TOT); and
h) Environment and Development.
PROSHIKA offers training both in formal and non-formal settings. Formal training courses are held
at PROSHIKA's Human Resource Regional Human Resource Development Centers (RHRDCs) in
Chittagong, Mymensingh and Bogura. Besides, the HDT programme organizes a number of non-
formal training courses at the villages where it works. (Reference: www.proshika.org)
Workshops
Workshops are also organized for the group members in order to review their understanding
on different issues and make further plan of actions accordingly. During the reporting year a
total of 816 workshops were organized for 15,415 group members.
Staff Training
During the reporting period, a total of 1,147 PROSHIKA staff members including 261 women,
participated in 51 HDT courses.
The following HD training courses are organized for the staff of PROSHIKA, other NGOs and
government agencies:
Hence, in order to empower the poor, PROSHIKA organizes the landless, the marginal and
small peasants, the occupational working people like fishers, weavers and artisans, the slum-
dwellers, and the women of all the above categories to form 'primary group'. Through a
process of empowerment involving human and skill development training, the group
members help themselves and engage in different income-generating activities with
assistance from PROSHIKA Financial Service. A primary group is called samiti and consists
of 18-20 members of same gender.
Since there beginning of the Phase VI FYP PROSHIKA formed 72,105 primary groups
against the target of 75,600 groups. Of these, 4,335 groups including 3,011 women's group
have been formed for the reporting period. The number of members belonging to these
groups is 68,462 of which 47,231 are women.
(Reference: www.proshika.org)
Table 1 provides an account of the primary groups formed during the reporting period.
Achievement, 2003-2004
Group Till-to-
dateAchievement
Types Target Achievement % of Achievement
Women's
2,143 3,011 141 94,317
Groups
As always, the group members were provided with PROSHIKA support services such as non-formal
education, training, credit, technical assistance, etc., which helped them, change their socio-
economic condition. Besides, constant counseling by the PROSHIKA workers helped them achieve
group cohesiveness.
(Reference:www.proshika.org)
Group Federation:
In order to achieve greater alliances among the poor, federations are formed with
representatives from primary groups at the village, union and upazila levels as well as at the
urban slum and ward levels. The federations play an effective role in achieving greater
alliances among the poor. The federations protect the interest of the poor at all administrative
levels and undertake various socio-economic programmes in a participatory method to
strengthen their capacity. Thus they acquire access to private and public resources, services
and institutions. The group federations at the village, union, upazila, slum and ward levels,
are called Village Federations (VFs), Union Federations (UFs), Upazila Federations (UZFs),
Slum Federations (SFs) and Area Federations (AFs) respectively.
Table 2 shows the number of federations formed at various levels during the reporting year.
(Reference: www.proshika.org)
After reaching the poverty-free stage, the groups do not require PROSHIKA's support
services any more but remain in the group network and play a vital role in the group
federations. The following programmes are also available for such groups.
(Reference: www.proshika.org)
1. The members of these groups due to their upgraded financial capability can
undertake relatively larger employment and income generating activities with the
credit support from PROSHIKA's Small Economic Enterprise Development
(SEED) programme.
2. They participate in the elections of local government bodies and institutions and
are provided with special training for further leadership development.
3. They act as resource persons in imparting training and building group networks,
and also play active role in different forms of social mobilization.
(Reference:www.proshika.org)
Area Expansion
Every year PROSHIKA expands its programme activities to newer areas in order to achieve a
very high and sustainable impact on poverty. This year, PROSHIKA expanded its activities to
136 new villages, 21 unions, 5 upazilas, 31 slums, 2 wards, and one district where the poor
are not involved in any development activities conducted either by any government agency or
an NGO. PROSHIKA has, so far, expanded its activities to 23,430 villages, 1,817 unions, 267
upazilas, 2,101 urban slums and 328 wards, under 57 districts. Of these, 10,654 villages, 597
unions, 85 upazilas, 1,162 urban slums and 129 wards were for the period of last five years of
Phase VI FYP against the target of 6,817 villages, 390 unions, 47 upazilas, 1,518 slums and
134 wards.
Achievement, 2003-2004
Area Coverage till-
Achieve- to-date
Areas Target % Of Achievement
ment
Slum 40 31 78 2,101
Upazila — 5 — 267
(Reference: www.proshika.org)
Their Activities
►The assistance program emphasized development of SMEs,
For the development of SMEs, the stress was on strengthening the policy environment and
improving access to credit and support services. A gender action plan will ensure the
participation of women entrepreneurs in policymaking, training programs, and credit fund
allocations.
►ADB's assistance will boost efficiency and security at Bangladesh's Chittagong Port. The
emphasis will be on installing modern computer systems to expedite cargo processing which
will lead to lower shipping and port-handling charges and will foster greater international
trade. Several procedural and operational improvements will be addressed. These include
enhancement of personnel skills, a strategic plan for increasing productivity and cutting costs,
support for the preparation of an anticorruption strategy, modernization of procedures,
revisions to tariffs, and better environmental management.
►ADB undertook a joint mission with the World Bank to help the government to conduct
flood damage rehabilitation needs assessment following the severe flooding in the country
during July–August 2004.
(Reference:www.adb.org/Bangladesh)
Loans and Technical Assistance
ADB approved seven loans for five projects totaling $249.5 million for SME development,
for improving the quality of secondary teaching, for integrated flood protection of secondary
towns, for Chittagong Port trade facilitation, and for the Grameenphone telecommunications
project to expand the cellular network in Bangladesh. Twelve technical assistance grants
totaling $6.3 million were also approved.
(Reference:www.adb.org/Bangladesh)
Trade policy and poverty:
Bangladesh’s trade policies area. Designaheted both medium term imperatives and long-term
programes outlook. It is important to link trade with poverty reduction strategy and it is also
hard work both analytically and practically with a view to formulation of policies.
Bangladesh for the phasing out of the MFA regime. If trade would hot be considered as a
component of overall development, an exclusive focus on trade for poverty alleviation will
not be successful, the objective of sustained poverty alleviation will really on sustained
growth and progress of productive capacities. The sufficient export growth with employment
generation. Export success will have great impact on poverty alleviation if the export-
oriented sector accumulates adequate employment opportunities like the RMG.
(Reference: Unlocking the potential, National strategy for accelerated poverty reduction,
2005, P.72-73)
The Government of Bangladesh has played an instrumental role in faciliting the private sector
driven growth of RMG exports, such as back-to-back LC, and bonded warehouse facility.
Government has also campaigned for duty free access, both developed and some developing
countries. A national coordination council has been formed to deal with the problems of the
RMG sector on a priority basis. The council has recently submitted its report to the Prime
Minister and provides specific recommendations on CBW, ROO, SAARC accumulation and
trade facilitation aspects. Commerce ministry led several Ministries and leading NGOs will
participate to provide improved training and rehabilitation work for displaced RMG Workers
(Reference: Unlocking the potential, National strategy for accelerated poverty reduction,
2005, P.72-73)
Promoting Employment:
I) Strengthening role of public investment in employment with the help of its direct and
cutaytic support to economic, physical and social infrastructure building and private
investment and labor market regulation
I) Implementing active labor market policies and active labor market policies help to
support employment generation. In these way:
i) Directly by public works and enterprise development and also help to
eradicate poverty with the help of increase work and income.
Entrepreneurship Development:
It is realized that accessed tale-density boosts economic growth and simple access to
telecommunication facilities has been vital for success of any ICT initiative for the poor.
Necessary steps have taken to present new services like data communication and country
wide digital networks connecting all districts. Bangladesh Telecommunication Regulatory
communication (BTRC) has been established and it is encourage private sector participation
is fixed telecom-services and increasing tele-density and tele-access in the country.
Besides encouragingly private participation in the sector, Government identifies the urgently
for more reforms in BTTB. (Unlocking the potential, National strategy for Accelerated
Poverty reduction, 2005, P.102)
To provide internet facilities for the poor at a low cost and to bring about drastic change in
their livelihoods, moderns technology will be introduced in all sectors of the economy. From
this purpose Government has initiated a number of projects and programmers. (Unlocking the
potential, National Strategy for Accelerated Poverty Reduction, 2005,p.102)
Findings:
Recommendations
We have study about the poverty Alleviation and we propose some measures that can reduce
poverty, as it is one of the major problems of Bangladesh. These are the measures can be
taken eradicate poverty:
1. Although SAARC contribution in the South Asia region is very little but the last
summit in Dhaka is renewed a turning point. Poverty is something that affect day to
day lives of million in the region concrete effort to reduce poverty needs to be
demonstrated so that common people could pin down hope in the SAARC process.
2. During the last summit, SAARC poverty Alleviation fund (SPAF) has been formed
and we think every heads of state or Government will give top most priority to utilize
the facility of the fund.
3. Bangladesh Government has taken several measures for the women’s but to reduce
poverty, women’s employment is essential.
4. Countries economic stability tackling corruption should receive priority to eradicate
poverty.
5. Human resource development and to reduce illiteracy is a must to eradicate poverty.
6. Promoting employment, specially for youth, skilled oriented programme should be
introduced receive priority.
7. Three quarters of the countries total population and 85% of the poor live and earn
their livelihood in the rural areas. So eradicate poverty, rural areas should be focused
for development so that it will help to achieve high growth of GDP.
8. Micro-credit to become more effective in poverty reduction, a Humber of
recommendations are put forward. The poor must be reached with micro-credit
through innovative approaches with respect to changes in credit delivery mechanism,
diversified financial services and complementing micro-finance with non-financial
interventions. The up scaling of micro-credit is needed to continue support to mature
clients, new entrepreneurs and tomorrow’s poor.
Conclusion
In Bangladesh, a person per day income is 13.5 and it is almost impossible for any person to
meet his basic need. So this is the time to implement the activities of SAARC, Government
and NGOs. Antipoverty innovations such as micro-credit have gone on to the world renown.
We hope that Bangladesh will achieve the Millennium Development Goals (MDGs), that is to
reduce poverty in half by 2015 and also achieve the SAARC Development Goals (SDGs) and
we are not known poor country in the world. Dhaka Declaration of the 13th summit was to
2006-2015 as the SAARC poverty eradication Decade and to implement this, combine effort
will need.
Referencing
Statistical Appendices: