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Per capita income is fine, people are happily shopping: Minister of State for Planning

State Minister for Planning Shamsul Alam said the per capita income of the people is fine. Per capita income is consistent with the current market. People’s income is increasing. Due to the increase in income, sales have increased this Eid. People market with joy. Now the people of the village have mobile phones in their hands, no one is barefoot. There is no labor available in the village even for a wage of one thousand rupees during the paddy harvesting season.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

After the meeting of the Executive Committee of the National Economic Council (ECNEC) on Tuesday, the Minister of State for Planning explained to the journalists about the increase in the income of the common people of the country. At this time, the current 2021-22 fiscal year per capita income and gross domestic product (GDP) growth has been presented in the provisional data. Per capita income is projected to rise to 2,624 in the current fiscal year, and gross domestic product (GDP) growth is projected at 6.25 percent. The ECNEC meeting was held at the NEC conference room of the Ministry of Planning in the capital’s Sher-e-Bangla Nagar.

Asked whether the per capita income is increasing at the same rate, Planning Minister MA Mannan said, “Everyone’s income is increasing. Whose income was 100 rupees before, his income has become 105 rupees. However, those who had an income of 1 thousand rupees, his income has increased a lot. State Minister for Planning Shamsul Alam said, “Inequality will increase at this stage of development.” Inequality is not always bad. When the whole development is done, the inequality will be reduced. ‘

Asked how the GDP grew so much, Planning Minister MA Mannan said, “Everyone is saying that the country is growing.” Some say 6.1 percent, some say 6.3 percent. Growth is slowing, no one is saying it.

At present, State Minister for Planning Shamsul Alam thinks that inflation is a big challenge. He said that the main challenge now is to control inflation. Because, commodity prices are rising in the international market. Ship freight has also increased. Foreign exchange reserves have declined due to rising commodity prices in the international market. Now the reserve is 41.6 billion dollars.

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