Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Saturday, August 19, 2017 07:48:27 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Better manpower training to derive demographic dividend

By
14th-Aug-2017       Readers ( 84 )   0 Comments
Comments
Share your thought
Post a comment »
Read all (0) »

BANGLADESH has more working age people known as demographic dividend since 2007 than bon-working and on experts view this opportunity to accelerate development using the manpower will continue for at least two more decades up to 2040 when this window of opportunity would start to decline. More than 65 percent of our population are working age now, between 15 and 64 but Bangladesh remains unable to exploit the full potential of our demographic dividend by creating adequate number of jobs. In contrast, the economic growth that is now above 6.5 percent on an average has failed to translate its potentials into job creation for sluggish investment and unfavorable policy. To cash in on the demographic dividend, we must say there is no alternative to huge investment in  human capital development by way of spending more in health and education. 

Our economy is growing steadily but the job creation is the lowest now in two decades. In some estimates only 1.4 million jobs were added to the economy between 2013 and 2015-16 down from 4 million between 2010 and 2013. This is in contrast to some East and South-East Asian countries, which invested, heavily in human capital to achieve higher economic growth rate during their time of demographic dividend. Most of their working age people worked that time unlike most of ours are lying idle without enough jobs. Our problem is that we are pursuing a capital-intensive development policy for big projects that use more resources but don't create more demand for jobs. Development must mean development of more people. 

China, Japan, South Korea and such other countries quickly developed using their demographic dividend and we must keep in mind that we are wasting time without creating appropriate system of education and training for human development. Many suggest that the government must train more workers for local and international market. Leading industrial houses must enter into collaboration with private universities to create the kind of skilled worker and managerial manpower that the industries they are running can hire. Most of them are hiring foreign manpower now; which means they are depriving the locals and failing to use our human capital.  

The problem is that our local university graduates fail to qualify for jobs and there is no alternative to drastic change in our education system that will create skilled manpower and not aimless graduates. We must create manpower suitable to market demand at home and abroad. Bangladesh dream for becoming a higher income country by 2041 essentially depend on how effectively we are going to use our manpower.

Time has surely elapsed, but still not too late to devise plans to educate our younger people as a strong force to accelerate socio-economic development. To get maximum dividends, we suggest there must be enough labour-intensive investment in public and private sector to use the service our working people to accelerate growth.

0 Comments. Share your thoughts also.
Write a comment
Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Import is not enough; make sure people get rice at low cost


THE country is apparently facing acute food shortage; which is evident from a government decision to increase food grains import to 20 lakh tonnes this year from earlier announced import at 11 lakh tonnes. The cause of the sudden rise in import is that the country has lost over 20 ...

Entertainment »

Friends & Family bring in Sangeeta Ahir`s birthday with a bang


Even though once and still considered a taboo, Suicide and depression are rarely the theme of films in Indian cinema. Depression is alarmingly rising in the youth and adults in India making it a major cause of concern. Depression is usually caused by traumatic experiences, bad relationships, anxiety, and low ...

International »

Civilian deaths surge in Raqqa as IS tactics slow US-backed advances


VOA News :As U.S.-backed forces continue to make slow progress in their offensive to oust Islamic State (IS) from its self-proclaimed capital of Raqqa, thousands of civilians who are trapped in the city face an increasing danger of getting caught in crossfire, rights organizations and local activists warn.Officials from the ...

City »

Ameer of Islami Andolon Bangladesh Mufti Syed Muhammad Rejaul Karim, Pirshaheb Charmonai addressing a rally organised in front of its office in the city by Islami Shashantantra Chhatra Andolon on Friday in protest against effort to snatch independence of judiciary.


.

Editorial »

Weak construction of highways and public safety


MOST of the national highways and local roads are severely battered now by torrential recent rains, floods and from lack of regular maintenance. They are in a dilapidated condition - much to the worries of holidaymakers ahead of Eid-ul-Azha. The pothole worries not only linked to unrelenting jams resulting from ...

Cricket »

Sri Lankan Cricket President Thilanga Sumathipala (left) speaks as Chief Selector Sanath Jayasuriya watches during a media briefing ahead of the One-Day International cricket match series against India in Colombo, Sri Lanka on Wednesday.


Entertainment »

Kriti Sanon unleash her Bitti avatar


'Bareilly Ki Barfi' is undoubtedly one of the most awaited films of the year. The refreshing and pleasing storyline has got everyone hooked to witness the drama that unfolds in this small town set film. What has got everyone intrigued is the lead character of the film, 'Bitti'. As we ...

International »

Flood marooned people in Indian states, eases in Nepal


AP, Lucknow :Monsoon flooding is easing in Nepal, but the water flowing downriver has worsened floods in northern India and marooned thousands of villagers across the border, officials said Thursday.The existing flood situation was aggravated in Uttar Pradesh state after three rivers became swelled with the waters from Nepal, said ...

City »

BNP Secretary General Mirza Fakhrul Islam Alamgir speaking at a discussion marking 18th death anniversary of former Secretary General of BNP Barrister Abdus Salam Talukder at a function organised by 'Barrister Abdus Salam Talukder Smrity Sangsad' at the Jatiya Press Club on Thursday.


Editorial »

Even people from West Bengal are coming for shelter


THE flood situation is aggravating as the water levels in major rivers and their tributaries in the north and northeast are still rising or not showing enough sign of slow down. Government has ignored flood warning only to be caught unguarded by scarcity of arrangement to save affected people. Over ...

International »

Fears for 600 still missing in Sierra Leone floods


AFP, Srinagar :Indian and Chinese troops clashed briefly on a disputed area of land in the Himalayas, officials said Wednesday, exacerbating tensions during a months-long standoff between the two armies.Chinese troops threw stones at Indian soldiers near Pangong Lake, a major tourist attraction in the picturesque mountain region of Ladakh ...

Sports »

Thailand's Rojnaree Taweechai (right) battles for control the ball with Indonesia's Ivy Nernie Priscilla at the women's water polo round robin during South East Asian Games in Kuala Lumpur, Malaysia on Wednesday.


Entertainment »

Shabnam on her birthday


Entertainment Report :Today is the birthday of legendary film actress Shabnam. Last year she lost her husband noted music composer and director Robin Ghosh. After losing husband Shabnam has been passing lonely days. Her only son Roni Ghosh most of the time stays outside the country due to his professional ...

City »

Bangladesh Awami League organised a memorial meeting on the occasion of the National Mourning Day and 42nd martyrdom anniversary of Bangabandhu Sheikh Mujibur Rahman at the Bangabandhu International Conference Centre in the city yesterday.


City »

Participants at the prayers session at Dhakeshwari Jatiya Mandir on Tuesday on the occasion of National Mourning Day.


.

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news