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THE GROWTH STORY OF BANGLADESH

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  Popularly called  a “bottomless basket” by Henry Kissinger in 1974, Bangladesh has shown unexpected economic development.   It is now one of the world’s fastest-growing economies.  Bangladesh has got a versatile geography. It has largest delta in the world.  It is located on the foothills of the Himalayan range, the streams that carry the silt to Bangladesh from those mighty mountains eventually become the roaring rivers of Padma, Meghna and Jamuna. The fresh water and the fertile land made this land attractive to human habitation from ancient times.  Since the 1990s, the economic and other development indicators have steadily improved due to the growth of its manufacturing sector, exports of garments, and microfinance.  In the last three decades, progressive and dynamic NGOs such Grameen Bank and Fazle Hasan Abid’s BRAC, which have put money for micro enterprises into the hands of women, have worked wonders with social, educational and economic development of the poorest of families