2024-06-17 00:16:30
Analysts consider that the economic system of Qurbani Eid in Bangladesh has exceeded one lakh crore taka. Throughout this time expatriate revenue additionally comes extra to the nation. And the manufacturing of sacrificial cows is village-centric. Consequently, Eid al-Adha performs a giant position in strengthening the agricultural economic system.
Md introduced 27 cows from Rajbari’s Kalukhali to Dhaka’s Gabtali cow market. Nurul Islam. There have been 4 different folks with him. They do cattle enterprise round Eid of Sacrifice. These cows have been purchased 6 to 7 months in the past and reared and are actually being offered. He stated, ‘There are lots of folks in our space who do sacrificial cow enterprise. There are additionally many homeowners who preserve two or three cows on the market within the Qorbani market. It’s a main supply of our revenue all year long. When you purchase a number of cows for one lakh taka and promote them after six months, you get 25 to 30 thousand taka per cow after excluding all bills.’
How a robust rural economic system
Riazul Islam of Kushtia owns a small farm. He introduced 20 cows from that farm to Dhaka’s Hazaribagh market. On this he offered 13 cows. His cows are between 1 lakh to 1 lakh 80 thousand rupees. He stated, ‘Many small farms have been developed in our space now. Cows are reared for these farm sacrifices. Many households have recovered their funds.’
Anisur Rahman Tarun introduced 3 cows from Faridpur. He reared these 3 cows on the market in sacrifice. He stated, ‘Many individuals like me now rear cows to pay for his or her youngsters’s marriages, schooling or home repairs. Goats are much less worthwhile, so the curiosity in cows is growing.’
This yr, it’s estimated that 1 crore 2 million cows, goats and sheep might be sacrificed.
President of Bangladesh Dairy Affiliation and proprietor of Sadiq Agro. Imran Hossain stated, ‘There are 17 lakh small and massive farms within the nation ranging from marginal farmers. 12 lakh are utterly marginal farmers. One crore persons are linked with it. It has performed a serious position within the rural economic system.’
Imran additionally stated, ‘There’s a demand of 1 crore 2 million cows within the nation yearly. Out of this 50 to 55 lakh cows are sacrificed. Consequently, the economic system turns into sturdy throughout Eid al-Adha. 75 thousand crores of rupees are traded throughout Eid. 60,000 crore transactions are centered on cattle. In 2021, regardless of the Corona, the lockdown was lifted earlier than Eid al-Adha contemplating the economic system of this Eid al-Adha.
AHM Safikujazzaman, director basic of the Directorate of Client Rights Safety, stated, ‘If we contemplate it from varied elements, now the financial measurement of Qurbani Eid has exceeded one lakh crore rupees. The account of 75 thousand crores is the outdated account of Bangladesh Financial institution. As a result of many different issues are added to it moreover cattle. There are spice markets, butchers’ revenue, animal feed enterprise. Even when much less, folks purchase new garments this Eid.’
One lakh crore rupees economic system
Professor of economics division of Islamic College has researched the economics of Eid. Mueed Rahman. He stated, ‘Even for my part, the economic system of Qurbani Eid won’t be lower than one lakh crore taka. Any pageant, together with Eid, boosts the economic system of Bangladesh. However the specialty of Qurbani Eid is that the agricultural economic system is strengthened. With this, the remittance move will increase. About 50% of our leather-based trade’s hides are harvested throughout this time. And virtually hundred p.c of high quality leather-based is out there right now.’
Shaheen Ahmed, president of Bangladesh Tannery Affiliation, stated, ’75 lakh skins of various varieties will be collected this time throughout Qurbani Eid. 8.5 million skins have been collected final yr. This time the sacrifice could also be much less on account of financial causes. The export of leather-based merchandise from Bangladesh has exceeded 100 million {dollars}. And the export of leather-based and leather-based merchandise is value 130 million US {dollars} a yr.
Commerce State Minister Ahsanul Islam Titu stated, ‘Our economic system is strengthened throughout these three main festivals, two Eids and Pahela Baisakh. The primary purpose for that is that cash transactions enhance. Sacrificial cows enhance the availability of cash in our home economic system. Village animals come to city. Metropolis cash goes to the village. Rural economic system is strengthened. One other factor is that remittance move will increase. It impacts distant areas of the nation. Folks get cash. Buying energy will increase. As within the finances, cash goes from the middle to the villages. It is the other right here. Village folks’s remittances come to the middle.
Supply: Deutsche Welle