8th 5-yr Plan accommodates PM’s development initiatives

Hasibul Aman

2 February, 2021 12:00 AM printer

Ten special initiatives of Prime Minister Sheikh Hasina are being included in the already approved 8th Five-year Plan that is now under the printing process. 

The initiatives include One House One Farm, Ashrayan, Digital Bangladesh, education support programme, women empowerment and power supply to every household.

Community clinics, social security schemes, flourishing investment and improving livelihood and income of rural people through protecting the environment are also being incorporated in the mid-term plan.

The National Economic Council (NEC) approved the plan covering FY2021 to FY2025 on December 29 last, but the documents are yet to be published formally.

After the approval, Prime Minister’s Office (PMO) gave necessary instructions to the General Economics Division (GED) of the Planning Commission for accommodating the prime minister’s initiatives in the printed documents.

“The prime minister’s initiatives are contributing a lot to improving livelihoods of people. Those are also very important for their socioeconomic development,” said GED Member (Senior Secretary) Dr Shamsul Alam.

“The 8th Five-year Plan has also been formulated to improve people’s livelihoods. So, we’ve sent the initiatives with summary to the press for printing,” he said.

The initiatives will be elaborately presented in printed documents of the plan.

The government is implementing Vision 2021 and Vision 2041 to develop the country in line with the dream of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

In line with the plan, the government eyes to turn the country into a middle-income one by 2021 and a knowledge-based developed one by 2041.

The country is on the right track to achieve the Sustainable Development Goals (SDGs) by 2030 after doing well in its predecessor Millennium Development Goals (MDGs).

Since taking office in 2009, Prime Minister Sheikh Hasina has put more focus on providing shelter, education, medicare and social security to ensure basic rights of people. 

At the same time, she attached importance to widespread use of digital services, ensuring women empowerment, cent percent electricity coverage and environmental protection and increasing investment.

Earlier, the government launched a development scheme for publicity and carried out a campaign in favour of the prime minister’s initiatives. In continuation of that move, the initiatives are being incorporated in the 8th Five-year Plan.

The new Five-year Plan gave priority to creating jobs to expedite the Covid-19 recovery apart from aligning it with SDGs,                

Vision 2041 and electoral pledges of the government.

The government will have to invest Tk 64,959.80 billion on the plan to create over 11,330,000 new jobs and increase the GDP growth up to 8.51 percent by FY2025.