Budgetary measures and protests

By A. Mahseen, Dhaka.
13 July 2004, 18:00 PM
Every year, the local manufacturers, traders, importers, exporters, and other business groups raise a hue and cry whenever some tax/levy is increased, even marginally, pointing out a host of rather irrelevant reasons.

We all know that the cost of production of any product in Bangladesh is much cheaper than in any industrial country, and it is one of the cheapest in the world. If the QC is maintained, and systems losses reduced, our exports would rise exponentially (compare our RMG sector). The public/consumers should be shown both sides of the coin. Rich tyrant business tycoons exploit the poor workers and put pressure on the government so as to increase their profits. The ministers have to be tough in dealing with such hypocritical presentations.