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Overseas employment is very important in the socio-economic context of Bangladesh. Employment abroad not only reduces the country's unemployment, but also the remittances sent by expatriates working abroad keep the wheels of the country's economy moving.
Bangladesh Insulator and Sanitaryware Factory Limited; Bangladesh Jute Mills Corporation; Bangladesh Machine Tools Factory; Bangladesh Municipal Development Fund [1] Bangladesh Ordnance Factories; Bangladesh Overseas Employment and Services Limited; Bangladesh Parjatan Corporation; Bangladesh Petroleum Exploration and Production Company Limited
Bangladesh Overseas Employment and Services Limited is a government owned manpower export company located in Dhaka, Bangladesh. [ 1 ] [ 2 ] [ 3 ] As Bangladeshi unskilled workers go to work abroad, their family income doubles.
Bureau of Manpower Employment and Training is government department that is responsible for the training and employment of Bangladeshi overseas and is located in Dhaka, Bangladesh.Saleh Ahmed Mojaffar is the Director General (Grade 1) and Engr. Md. Salahuddin is the Director of BMET. [1] [2]
The board was made into a statutory organisation through the Wage Earners’ Welfare Board law-2016. [4] The board was further strengthened through The Expatriate Welfare Board Act, 2017. [ 5 ] It is under the Ministry of Expatriates' Welfare and Overseas Employment of the government of Bangladesh. [ 6 ]
The Government agencies in Bangladesh are state controlled organizations that act independently to carry out the policies of the Government of Bangladesh. The Government Ministries are relatively small and merely policy-making organizations, allowed to control agencies by policy decisions.
Wages Earners’ Welfare Fund is a Bangladesh government fund that was created for the welfare of migrant workers and financed by mandatory contributions from migrant workers under the Ministry of Expatriates' Welfare and Overseas Employment. [1] [2] It is managed by the Wage Earners' Welfare Board. [3]
Eastern Refinery Limited, or ERL, is a state-owned oil refinery in Bangladesh. ERL, a subsidiary of Bangladesh Petroleum Corporation , supplies around 40% of the country's current petroleum products demand and thus maintains stability in the petroleum, oil, and lubricants (POL) products market of the country.