All India Civil Service, power lifting, weightlifting trials to 7-8
Bangladesh, despite its natural resources, industrial potential, and agricultural growth, has been facing massive socio-economic problems, making it one of the least developed countries in the world. Sometimes referred to as "an international bread basket," it has been affected by great natural disasters such as rainstorms, floods, and famines.
The 1997 Asian financial crisis did not bring damages in the scale of the economic and financial downturn in Indonesia, although it did negatively affect Bang-ladeshi exports. This escape was mainly due to the limited size of the Bangladeshi market, existing currency exchange controls and the relatively closed nature of its economy. Nevertheless, the Bangladeshi taka depreciated between 1997 and 1999 at a faster rate, declining from Tk43.892 in 1997 to Tk49.085 in 1999.
In 1999 the government launched a Commercial Bank Reform Project intended to improve the functioning of the private commercial banks. One bank has provided a success story: the Grameen Bank, which was founded by university professor Mohammad Yunus, pioneered in providing small credits to local communities in need. At present the IMF and the World Bank, which are often notoriously ineffective in the poor countries of Asia and Africa, have carefully studied the Grameen Bank's microcredit model with a view to applying it in other developing countries.
For decades after 1971 the development of the Bangladeshi national economy has been hindered by political instability, poor economic performance, pressure on scarce natural resources by the rapidly growing population, and an ineffective bureaucracy. The major changes introduced during the 1990s included more flexible economic policies, export-oriented industrialization, and inflow of foreign direct investments. Inflation remains low and is under control. The Bangladeshi currency exchange managed to avoid any spectacular failures similar to Indonesia or South Korea during the Asian financial crisis of 1997, and it is still stable, tightly regulated and pegged to the basket of the regional currencies. In 1999 and 2000 Bangladesh achieved strong economic recovery after the devastating floods of 1998, and if the regional and global economic environment remains positive, the Bangladeshi economic annual growth rate of 5 to 6 percent might continue. This development may ease the poverty, low standards of living, underemployment, and unemployment problems.
The Water Tower is UVM's bi-weekly student newsmag. Our articles employ satire, cynicism, and humor to cover topics including campus trends, national news, social criticism, and whatever else students have to say.
Rahman himself was assassinated in 1981, and in the turmoil that ensued, Gen. H. M. Ershad seized power. Ershad declared himself president in 1982, and held office until 1990, when increasing antigovernment protests and violence resulted in his resignation. He was later jailed on corruption charges. The interim government then conducted what most observers regard as the most free and fair elections ever held in Bangladesh, in 1991.
Ahmedabad: A team of Vastrapur police have caught a couple for blackmailing a senior citizen with his compromising photographs and videos. Police have started an investigation to determine whether the duo is involved in more blackmailing cases. According to investigators, Chimanlal (name changed), 70, a resident of Vastrapur, had started getting text messages offering friendship. He responded to one of the messages after which a woman, identified as Sonia, began calling him. The two later began to meet. A fortnight ago, she came to his office and secretly captured photographs and videos of him in a compromising position. “Afterwards, Sonia, now identified as Sonia Gohel and her husband Nayan, started calling him, threatening to make the photos and videos public,” said an investigator. “They demanded Rs 7 lakh for not doing so. Chimanlal chose to confide in his family and then approached police.” The duo was apprehended on the basis of the phone number. “We have learnt that Nayan worked with a private firm and earned a meagre salary,” said a Vastrapur police official. “Thus, the duo devised the plan and had started sending messages primarily to senior citizens. We have seized their mobile phones.” The is the third incident in recent past in which a senior citizen has filed a complaint of blackmail. “We encourage citizens to come out so that potential victims can be saved,” said a police official.
The 1997 Asian financial crisis did not bring damages in the scale of the economic and financial downturn in Indonesia, although it did negatively affect Bang-ladeshi exports. This escape was mainly due to the limited size of the Bangladeshi market, existing currency exchange controls and the relatively closed nature of its economy. Nevertheless, the Bangladeshi taka depreciated between 1997 and 1999 at a faster rate, declining from Tk43.892 in 1997 to Tk49.085 in 1999.
In 1999 the government launched a Commercial Bank Reform Project intended to improve the functioning of the private commercial banks. One bank has provided a success story: the Grameen Bank, which was founded by university professor Mohammad Yunus, pioneered in providing small credits to local communities in need. At present the IMF and the World Bank, which are often notoriously ineffective in the poor countries of Asia and Africa, have carefully studied the Grameen Bank's microcredit model with a view to applying it in other developing countries.
For decades after 1971 the development of the Bangladeshi national economy has been hindered by political instability, poor economic performance, pressure on scarce natural resources by the rapidly growing population, and an ineffective bureaucracy. The major changes introduced during the 1990s included more flexible economic policies, export-oriented industrialization, and inflow of foreign direct investments. Inflation remains low and is under control. The Bangladeshi currency exchange managed to avoid any spectacular failures similar to Indonesia or South Korea during the Asian financial crisis of 1997, and it is still stable, tightly regulated and pegged to the basket of the regional currencies. In 1999 and 2000 Bangladesh achieved strong economic recovery after the devastating floods of 1998, and if the regional and global economic environment remains positive, the Bangladeshi economic annual growth rate of 5 to 6 percent might continue. This development may ease the poverty, low standards of living, underemployment, and unemployment problems.
The Water Tower is UVM's bi-weekly student newsmag. Our articles employ satire, cynicism, and humor to cover topics including campus trends, national news, social criticism, and whatever else students have to say.
Rahman himself was assassinated in 1981, and in the turmoil that ensued, Gen. H. M. Ershad seized power. Ershad declared himself president in 1982, and held office until 1990, when increasing antigovernment protests and violence resulted in his resignation. He was later jailed on corruption charges. The interim government then conducted what most observers regard as the most free and fair elections ever held in Bangladesh, in 1991.
Ahmedabad: A team of Vastrapur police have caught a couple for blackmailing a senior citizen with his compromising photographs and videos. Police have started an investigation to determine whether the duo is involved in more blackmailing cases. According to investigators, Chimanlal (name changed), 70, a resident of Vastrapur, had started getting text messages offering friendship. He responded to one of the messages after which a woman, identified as Sonia, began calling him. The two later began to meet. A fortnight ago, she came to his office and secretly captured photographs and videos of him in a compromising position. “Afterwards, Sonia, now identified as Sonia Gohel and her husband Nayan, started calling him, threatening to make the photos and videos public,” said an investigator. “They demanded Rs 7 lakh for not doing so. Chimanlal chose to confide in his family and then approached police.” The duo was apprehended on the basis of the phone number. “We have learnt that Nayan worked with a private firm and earned a meagre salary,” said a Vastrapur police official. “Thus, the duo devised the plan and had started sending messages primarily to senior citizens. We have seized their mobile phones.” The is the third incident in recent past in which a senior citizen has filed a complaint of blackmail. “We encourage citizens to come out so that potential victims can be saved,” said a police official.
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