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Bangladesh minister seeks investment in agro product processing

Fisheries and Livestock Minister, Rezaul Karim, ACI Dipta Krishi Award 2020


Bangladesh minister seeks investment in agro product processing

Fisheries and Livestock Minister Rezaul Karim called on the country’s private industrial entrepreneurs to invest more in the processing of agricultural products.

“Agriculture has a lot of potential in alleviating poverty and improving the quality of life…. If agriculture is developed, the overall development of the country will be further accelerated, so private entrepreneurs should invest more in the processing of agricultural products,” he said.


“Industrialization will also be accelerated by increasing employment and income of rural people and expanding the domestic market,” he added. The minister was speaking at a program of ‘ACI Dipta Krishi Award 2020’ ceremony at Dipta Television Studio in city’s Tejgaon area, said a press release.

Agricultural Minister M Abdur Razzak. Managing Director of Dipta Television Kazi Jahedul Hasan and Managing Director of ACI Agrobusiness Dr Ansari were present, among others.


“Fish, meat, milk and eggs are easily available in the country today owing to the visionary role of Sheikh Hasina and the advancement of the private sector,” said Rezaul Karim.

The award was given in a total of 10 categories to encourage farmers, ranchers, creative inventors, talented researchers and successful agri-entrepreneurs.


Palak suggest VAT-tariff withdrawal on internet equipment

State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak today called for repealing Value Added Tax (VAT) and tariffs on Internet equipment for making digital revolution in the country.

“In the interest of building a creative economy and knowledge based society and to take the digital revolution further, I request to all concerned to repeal VAT and tariffs on internet equipment by not seeing the internet as a luxury service but as a basic emergency service such as electricity and fuel,” he said.


The state minister joined the virtual round table meeting on ‘Made in Bangladesh ICT Industry Policy’ this evening and made the proposal in his introductory speech to National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem.

Palak also called for duty-free access to research and development of digital products by 2030.

He also proposed in the budget of the next financial year to give Orix Bio Technology Company duty exemption on the import of equipment and specialized vehicles used in some cases for plasma fractionation in the country.

Besides, in an another webinar titled ‘Future of the Industrial Revolution’ was held.

Policy Adviser of the A2I Program Anir Chowdhury conducted the webinar while Palak also joined it as chief guest.

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