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No mega projects for now, focus on welfare schemes: PM

UNB . Dhaka
08 Nov 2022 15:50:07 | Update: 08 Nov 2022 19:47:28
No mega projects for now, focus on welfare schemes: PM
Prime Minister Sheikh Hasina speaks at the ECNEC meeting at the NEC conference room in Dhaka on Tuesday — PID Photo

Prime Minister Sheikh Hasina on Tuesday asked the authorities concerned not to go for mega projects and instead take up small ones focusing on rural development and public welfare.

She gave the directives while chairing the meeting of the Executive Committee of the National Economic Council (ECNEC) at the NEC conference room in Dhaka’s Sher-e Bangla Nagar.

“The Prime Minister said luxury projects can’t be taken up. But small rural projects or welfare-oriented ones cannot be compromised. Mega projects can’t be undertaken,” said Planning Minister MA Mannan while briefing reporters after the meeting.

Sheikh Hasina, also the ECNEC chairperson, stressed the need for a thorough feasibility study in case of undertaking any big project.

She also asked the authorities concerned to find out uncultivated lands everywhere across the country to grow food and other crops.

“The Prime Minister said production will have to be increased. Not a single inch of land can be kept uncultivated,” said Mannan, adding that she directed the cabinet secretary to identify the uncultivated lands with the help of deputy commissioners.

Meanwhile, the PM asked everyone to be frugal and stop wastage amid the global recession.

The ECNEC meeting cleared seven projects with a total estimated cost of Tk 3,981.90 crore (only additional costs of three revised projects were counted here).

Of the cost, Tk 3,392.33 crore will be drawn from the government’s fund, while Tk 267.35 crore from the own funds of the organisations concerned and Tk 332.21 crore will come from foreign sources.

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