Co-operative society, its expansion and future possibilities in context of Bangladesh Co-operative Society: A Co-operative society is essentially an association of persons who joined together in a voluntary basis for the further once of their common economic interests. Short Overview on Co-operative Society: The co-operative movement began in Europe in the 19th century, primarily in England and France, although The Shore Porters’ Society claims to be one of the world's first co-operatives,
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AND INDUSTRY FOR MEETING THE REQUIREMENTS. ECONOMY OF BANGLADESH IS IN THE GROUP OF WORLD’S MOST UNDERDEVELOPED ECONOMIES. ONE OF THE REASONS MAY BE ITS UNDERDEVELOPED BANKING SYSTEM. GOVERNMENT AS WELL AS DIFFERENT INTERNATIONAL ORGANIZATIONS HAVE ALSO IDENTIFIED THAT UNDERDEVELOPED BANKING SYSTEM CAUSES SOME OBSTACLES TO THE PROCESS OF ECONOMIC DEVELOPMENT. SO THEY HAVE HIGHLY RECOMMENDED FOR REFORMING FINANCIAL SECTOR. SINCE 1990, BANGLADESH GOVERNMENT HAS TAKEN A LOT OF FINANCIAL SECTOR MORE TRANSPARENT
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Type 1. Saving Banks Saving banks are established to create saving habit among the people. These banks are helpful for salaried people and low income groups. The deposits collected from customers are invested in bonds, securities, etc. At present most of the commercial banks carry the functions of savings banks. Postal department also performs the functions of saving bank. Type 2. Commercial Banks Commercial banks are established with an objective to help businessmen. These banks collect money
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51 Rural Development and Co-operatives Division 1.0 Introduction 1.1 About 70% people of Bangladesh live in rural areas. Without the development of this segment of the population the overall development of the country is not possible. In a developing economy like Bangladesh, for formulating policies for eradication of poverty it is very important to ensure equality between man and woman. Rural Development and Co-operatives Division is working intensively to eliminate poverty and
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Bangladesh Bank Order, 1972 (President’s Order No. 127 of 1972) Incorporating all amendments thereto upto March 10, 2003 -1- DEPARTMENT OF PUBLIC RELATIONS AND PUBLICATIONS BANGLADESH BANK, HEAD OFFICE, DHAKA [Published in the Bangladesh Gazette, Extraordinary, Part IIIA, dated the 3lst October, 1972] GOVERNMENT OF THE PEOPLE’S REPUBLIC OF BANGLADESH MINISTRY OF LAW AND PARLIAMENTARY AFFAIRS (Law Division) NOTIFICATION No. 935-Pub. —31st October, 1972 —The following Order made
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------------------------------------------------- Financial System of Bangladesh The Financial System is a set of institutional arrangement through which surplus units transfer their fund to deficit units. At present the financial system in Bangladesh is mainly composed of two types of institutions like banks and non-bank financial institution (NBFIs). The formal financial sector in Bangladesh includes: (a) Bangladesh Bank as the central bank, (b) 48 commercial banks, including 4 Government owned
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characteristics of cooperatives. Voluntary association: Everybody having a common interest is free to join cooperative society. There is no restriction on the basis of caste, creed, religion, colour, etc. Anybody can also leave it at any time after giving due notice to the society. That is specialty of any cooperative society. There should be a minimum of 10 members to for cooperative society but there is no maximum limit for the membership. This characteristic is similar to other forms of public limited
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commerce and industry for meeting the requirements. Economy of Bangladesh is in the group of world’s most undeveloped economies. One of the reasons may be its undeveloped banking system. Government as well as different international organizations have also identified that undeveloped banking system causes some obstacles to the process of economic development. So they have highly recommended for reforming financial sector. Since 1990, Bangladesh government has taken a lot of financial sector reform measures
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Two Thousand eleven of the Christian era. BETWEEN PURBACHAL PROBASHI PALLI LTD, a private limited company incorporated under the Companies Act, (Act No. XVIII) 1994 having its registered office at House # 10, Road # 4, Block # F, Banani, Dhaka, Bangladesh, hereinafter referred to as the COMPANY (which expression, where the context so admits shall mean and include its successors-in-interest, executors, administrators, legal representatives and assignee) of the ONE PART. AND FATEMA BEGUM, Husband’s
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Support/DFID-B (Unofficial Translation) NATIONAL FISHERIES POLICY 1 2 3 4 5 6 7 8 9 10 11 12 Introduction .................................................................................................................. 1 Fisheries Resources in Bangladesh............................................................................... 1 Objectives of the National Fisheries Policy.................................................................. 2 Legal status of the National Fisheries Policy......
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