Why should common people suffer for loan defaulters?

    Prof Dr Mahbub Ullah, Economist : The defaulters should not be given loans anew. The banks are compelled to hike the interest rates for non-performing loans. Therefore, it becomes quite difficult to lower interest rates. The borrowers have to take loans at high interest rates if they go up. It becomes quite difficult to turn a…

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      Dissolve parliament before election: Jakir

      Leon Mir: Gono Front Chairman Md. Jakir Hossain has called for the dissolving of the parliament prior to the upcoming general election, in order to make it impartial. He made the request yesterday, at a meeting organized by the Gono Front at the Engineers’ Institution. “As per Article 57(2) of the Constitution, couldn’t the president…

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        Paradox in RMG Sector: Law and Reality

        Md. Shahnewaj Patwari, Advocate, researcher and social activist  : In a recent report published in the Daily Star on 13 September 2018 titled ‘Poor healthcare plagues RMG units’ stated that Ready Made Garments (RMG) workers are deprived from maternity benefit, also they are not provided rest room, dining room, day care centre facilities in most of…

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          Publishing loan defaulters’ names a good initiative

          Dr. Zahid Hussain, Lead Economist, World Bank : It is a welcome initiative to publish the names of loan defaulters. In addition to that, there should have a provision of interim penalty. According to official data, the total non-performing loans (NPLs) reached 10.4 percent till June 2018, most of which are not classified. The number of…

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