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The government of Bangladesh has set an ambitious target of generating 30 million new job opportunities by the year 2030. [3] In its endeavor to improve labor conditions and expand employment opportunities, the Government of Bangladesh has undertaken significant initiatives to establish a specialized entity known as the "Directorate of Employment."
The act was created by the Minister for Labour, Commerce and Industry Sheikh Mujibur Rahman of the United Front government of East Pakistan. After the Independence of Bangladesh, it was made into BSCIC. In October 1973, BSCIC was split into Bangladesh Cottage Industries Corporation and Bangladesh Small Industries Corporation.
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
Small and Medium Enterprise Foundation was established in 2007 with an initial fund of 2 billion taka. It was create under the Companies Act and is guaranteed by the Ministry of Commerce. It provides training for small entrepreneurs and provides them with low cost financing. [4] [5]
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.
A senior employment ministry official said the government had asked factory owners not to cut jobs. At least 10,000 garment workers have been sacked in Bangladesh as Western brands hit by ...
Some 30% of those highly sought-after jobs are reserved for relatives of veterans who fought in Bangladesh’s war of independence from Pakistan in 1971, a seminal moment in the nation’s history ...
It was later influenced by the Companies Act 1857, Companies Act 1913 and Companies Act 1929. The Securities and Exchange Ordinance, 1969 was the most important piece of legislation incorporating corporate activities during the Pakistan period. After the independence of Bangladesh, post partition Indian company law served as a model for reforms ...