Uttara-Motijheel metro rail by 2019

The government is working to complete construction of the first phase of MRT Line 6 (metro rail) by 2019 instead of 2024 to resolve capital's nagging traffic congestions, according to the annual report submitted to the cabinet yesterday, reports BSS. The first phase of the metro rail would be constructed from Uttara to Motijheel, the report said adding that works are going on to complete the project five years ahead of schedule. Cabinet Division submitted the annual report of 2014-2015 to the cabinet during its weekly meeting at Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair.
Briefing reporters after the cabinet meeting, cabinet secretary M Musharraf Hossain Bhuiyan said the report highlighted the successes and works conducted by various ministries and divisions before the cabinet as well as country's overall socio-economic progress.
According to the report, country's per capital income has been raised to US$ 1,314 in 2014-2015 from US$ 1,190 in previous year. Country's export also increased by 3.35 per cent in 2014-2015 thanks to diversification of goods, government steps, incentive packages of the government and relentless efforts of the exporters. The report said the volume of the country's annual revenue earning also increased to Taka 1,36,579.50 crore, which was Taka 1,551.50 crore higher than the target. Flow of remittance has been increased by 7.65 per cent during the period taking it to around US$ 15 billion. The report said the foreign exchange reserve in 2014-2015 stood at US$ 25.02 billion, 16.33 per cent higher than the previous year. The rate of Bangladeshi money against the US dollar was stable during the period.
It said general inflation rate at the end of 2014-2015 was 6.25 per cent which was 6.97 per cent at the end of 2013-2014 fiscal year. During the period a total of 226 development projects were implemented out of 247 making sure utilisation of 95 per cent of annual allocation.
The report said subsidy to agriculture, assistance to the agricultural research and rehabilitation and above all different financial support to the marginal and small farmers affected by natural disasters and climate change have helped increasing agricultural and food production.
The government has disbursed Taka 7,101.05 crore as a whole as subsidy in 2014-2015 fiscal year among farmers and it helped increasing production of the most of the agricultural items including rice, wheat, onion, vegetables, meat, milk, eggs, gas and fertilizer exceeding the estimation.
According to the report, country’s overall poverty rate declined to 24.54 per cent while abject poverty reduced to 10.12 per cent during 2014-2015. At the same time, the report said, social disparity has been lessened during the time with high economic growth as the government has expanded the rate and scope of the various allowances to alleviate poverty and establish social justice.
Pointing out the promotion of digital services in the country, the report said around 800 public health care centers are giving internet services while 485 hospitals are giving tele-medicine services for free. About 12.68 crore people now use mobile phone while number of internet subscribers reached 4.80 crore making the tele-density 82.46 per cent.

Uttara-Motijheel metro rail by 2019

The government is working to complete construction of the first phase of MRT Line 6 (metro rail) by 2019 instead of 2024 to resolve capitals nagging traffic congestions, according to the annual report submitted to the cabinet yesterday, reports BSS. The first phase of the metro rail would be constructed from Uttara to Motijheel, the report said adding that works are going on to complete the project five years ahead of schedule. Cabinet Division submitted the annual report of 2014-2015 to the cabinet during its weekly meeting at Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair. Briefing reporters after the cabinet meeting, cabinet secretary M Musharraf Hossain Bhuiyan said the report highlighted the successes and works conducted by various ministries and divisions before the cabinet as well as countrys overall socio-economic progress. According to the report, countrys per capital income has been raised to US$ 1,314 in 2014-2015 from US$ 1,190 in previous year. Countrys export also increased by 3.35 per cent in 2014-2015 thanks to diversification of goods, government steps, incentive packages of the government and relentless efforts of the exporters. The report said the volume of the countrys annual revenue earning also increased to Taka 1,36,579.50 crore, which was Taka 1,551.50 crore higher than the target. Flow of remittance has been increased by 7.65 per cent during the period taking it to around US$ 15 billion. The report said the foreign exchange reserve in 2014-2015 stood at US$ 25.02 billion, 16.33 per cent higher than the previous year. The rate of Bangladeshi money against the US dollar was stable during the period. It said general inflation rate at the end of 2014-2015 was 6.25 per cent which was 6.97 per cent at the end of 2013-2014 fiscal year. During the period a total of 226 development projects were implemented out of 247 making sure utilisation of 95 per cent of annual allocation. The report said subsidy to agriculture, assistance to the agricultural research and rehabilitation and above all different financial support to the marginal and small farmers affected by natural disasters and climate change have helped increasing agricultural and food production. The government has disbursed Taka 7,101.05 crore as a whole as subsidy in 2014-2015 fiscal year among farmers and it helped increasing production of the most of the agricultural items including rice, wheat, onion, vegetables, meat, milk, eggs, gas and fertilizer exceeding the estimation. According to the report, countrys overall poverty rate declined to 24.54 per cent while abject poverty reduced to 10.12 per cent during 2014-2015. At the same time, the report said, social disparity has been lessened during the time with high economic growth as the government has expanded the rate and scope of the various allowances to alleviate poverty and establish social justice. Pointing out the promotion of digital services in the country, the report said around 800 public health care centers are giving internet services while 485 hospitals are giving tele-medicine services for free. About 12.68 crore people now use mobile phone while number of internet subscribers reached 4.80 crore making the tele-density 82.46 per cent.