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Remittances to Bangladesh are money transfers (remittances) sent by the Bangladeshi diaspora to Bangladesh. According to the World Bank , Bangladesh is the 7th highest recipient of remittances in the world [ 1 ] with almost $22.1 billion in 2021 and was the third highest recipient of remittances in South Asia . [ 2 ]
Remittances, defined as monetary transfers made by migrants to their home countries, play a crucial role in global economies and the livelihoods of individuals and families. In some countries, remittances account for more than 30% of the total economic output.
It operates and maintains all railways in the country, and is overseen by the Directorate General of Bangladesh Railway. The Bangladesh Railway is governed by the Ministry of Railways and the Bangladesh Railway Authority with a reporting mark known as "BR". [4] The Bangladesh Railway system has a total length of 3,600 kilometres (2,200 mi). [5]
In 2016 the ministry proposed a 7.8% hike in the ticket prices of Bangladesh Railways. [2] The announcement faced criticism and demands for reduced corruption in the ministry. [ 3 ]
On May 31, 2018, Bangladesh Railway signed an agreement with the China Railway Design Corporation and Mazumder Enterprise. [2] This contract is designed to verify the design and feasibility of proposed high-speed train lines. According to this agreement, feasibility and design work will be completed in December 2019 at a cost of Tk102.10 crore.
The Shonar Bangla Express (Train no. 787/788) is an inter-city rail service run by Bangladesh Railway. This service provides a swift and luxurious passenger rail connection between the capital of Bangladesh, Dhaka to the port city of Chattogram. This service only has one intermediate stop at Dhaka Airport. [1]
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Bangladesh Railway long aimed to introduce a commuter train service to facilitate quicker travel for the working population of Narayanganj to and from Dhaka.Shortly after the arrival of DEMU trains from China, Prime Minister Sheikh Hasina inaugurated the Narayanganj Commuter service at Kamalapur railway station on 24 April 2013.