Economy
Bangladeshi Landowners to Reclaim 200 Acres Lost to India Due to Padma River Erosion
Bangladeshi landowners are set to regain around 200 acres of land that had shifted into Indian territory due to the erosion of the Padma River along the Daulatpur border in Kushtia. This decision followed a joint agreement reached during a meeting between the Border Guard Bangladesh (BGB) and India’s Border Security Force (BSF) on Sunday.
The land in question, situated in the Challishpara area of Ramkrishnapur union, became disputed due to the shifting course of the Padma River and natural disasters, which disrupted boundary markers over a three-kilometer stretch. The issue was first identified in a survey earlier this year.
Lieutenant Colonel M Mahbub Murshed Rahman, commander of BGB’s 47th Battalion, confirmed the decision to resurvey the area and return the land to its rightful owners. A survey on February 10 revealed that approximately 200 acres of Bangladeshi land had ended up inside Indian territory, while 40 acres of Indian land were found in Bangladesh.
Both countries plan to officially correct the boundaries in October, following the resurvey. Sunday’s meeting, held at the Jamalpur Border Outpost, also addressed broader issues like preventing border killings and tackling drug trafficking.
Lt Col Rahman stressed that no one will be allowed to use the disputed land until the resurvey is complete. He also expressed Bangladesh’s strong opposition to recent border killings, urging the BSF to prevent the detention of innocent citizens and curb illegal cross-border activities, especially ahead of Durga Puja.
Economy
Remittances Top $2bn in First 28 Days of September
Expatriate Bangladeshis sent approximately US$ 2.11 billion in remittances during the first 28 days of September in the fiscal year 2024-25, according to data released by Bangladesh Bank on 29 September.
Of this total, state-owned and specialised banks handled $679.10 million, while private banks received $1.43 billion in remittances.
Economy
Yunus Pledges Swift Reforms and Election in Bangladesh’s Interim Govt
Chief Adviser to Bangladesh’s interim government, Professor Muhammad Yunus, has vowed to expedite reforms and hold elections swiftly. Yunus, who recently assumed the role after the collapse of Prime Minister Sheikh Hasina’s 15-year administration, expressed his commitment during an interview with Tokyo-based news outlet NHK WORLD in New York on Sunday. He was attending the United Nations General Assembly at the time.
Following mass student-led protests that ended Hasina’s long-standing rule in August, Yunus stepped in as the leader of the caretaker government. Known for founding Grameen Bank, an institution providing microloans to the underprivileged, Yunus, along with the bank, earned the Nobel Peace Prize in 2006 for his efforts in poverty alleviation.
During the interview, Yunus emphasized that the interim government’s primary mission is to implement reforms promptly and ensure elections are held as soon as the groundwork is complete. He underscored the importance of success, stating, “Failure is not something that we can accept.”
Addressing the pivotal role of students in the ousting of the Hasina administration, Yunus acknowledged the sacrifices made by young people, referring to their involvement as part of a “revolution.” He highlighted his intention to engage the younger generation in shaping policy.
Furthermore, Yunus called for continued support from Japan, Bangladesh’s largest donor, during this crucial transition period. He stressed that Japan’s assistance is vital to stabilizing Bangladesh’s economy and fostering a democratic foundation in the nation.
Economy
Polythene Bags to Be Phased Out, Says Environment Adviser Rizwana Hasan
Syeda Rizwana Hasan, the Adviser for Environment, Forests, and Climate Change, announced today that steps will be taken to restrict the use of polythene shopping bags to safeguard future generations.
Starting from October 1, polythene bags will be banned in shopping malls, followed by a ban in kitchen markets from November 1.
“Everyone must take responsibility and stop using polythene voluntarily. Action against polythene producers will begin from November 1,” Rizwana Hasan stated during a seminar.
The Department of Environment (DoE) organized the seminar to raise public awareness about alternatives to banned polythene bags.
Rizwana Hasan highlighted that the restriction on polythene will be executed in phases according to legal provisions, and discussions with shopping centers and store owners are ongoing to ensure a smooth transition.
She also announced plans to make the government secretariat a plastic-free zone by December.
Other speakers at the seminar included Environment Secretary Dr. Farhina Ahmed, DoE Director General Dr. Abdul Hamid, Director Rajinara Begum, President of the Shop Owners Association Muhammad Helal Uddin, and Md. Arifur Rahman Bhuiyan, Assistant Professor of Environmental Science at BUP. They discussed the harmful effects of polythene and the need for alternative products.
Earlier, Rizwana Hasan inaugurated a fair showcasing eco-friendly alternatives to polythene bags and visited 24 stalls. The fair featured products from government and private entrepreneurs, including reusable bags, jute bags, paper bags, and items made from bamboo and cane.