: View from Dhaka Tribune: Is Bangladesh living up to its founding principles? #IndiaNEWS Good governance, the rule of law and democracy to ensure human rights and equal opportunity were fundamental
View from Dhaka Tribune: Is Bangladesh living up to its founding principles? #IndiaNEWS
Good governance, the rule of law and democracy to ensure human rights and equal opportunity were fundamental pillars of Bangladesh’s Liberation War in 1971. But, over the past five decades, exactly how much has the country achieved on those fronts?Over the past 50 years, Bangladesh has transformed from being a “bottomless basket� to one of the fastest-growing economies in the world. Bangladesh reached a lower-middle-income status in 2015 from being one of the poorest nations with per capita gross domestic product being the 10th lowest in the world in 1971.Approximately 90% of the population was in extreme poverty based on the international poverty line of .90 a day. Though the income disparity between the top 5% and the bottom 40% has increased gradually, poverty declined from 43.5% to 14.3% between 1991 and 2016, creating an opportunity to be on the UN’s list of Least Developed Countries in 2026.Significant improvementsBangladesh has shown significant improvement in several other sectors like education, health, and women empowerment. Currently, 98% of children nationwide finish primary school. According to a World Bank report, the national literacy rate was 29.23% in 1981 which rose to 74.68% in 2020.Our country has made progress in combating child mortality and child malnutrition. The current life...Read more
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