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Questions and Answers
What is the estimated percentage of the broad industry sector's contribution to GDP in FY 2022-23?
What is the estimated percentage of the broad industry sector's contribution to GDP in FY 2022-23?
What is the primary focus of the government's initiatives for industrial development?
What is the primary focus of the government's initiatives for industrial development?
How many sectors are included in the broad industry sector of GDP?
How many sectors are included in the broad industry sector of GDP?
What is the goal of the government's industrial development initiatives?
What is the goal of the government's industrial development initiatives?
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Which of the following is NOT a sector included in the broad industry sector of GDP?
Which of the following is NOT a sector included in the broad industry sector of GDP?
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What is the expected outcome of the government's initiatives for fertilizer production?
What is the expected outcome of the government's initiatives for fertilizer production?
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Study Notes
Industrial Sector in Bangladesh
- The contribution of the industry sector to GDP is increasing in Bangladesh.
- The broad industry sector's contribution to GDP was estimated at 37.56% in FY 2022-23, up from 36.92% in FY 2021-22.
- The government is taking initiatives to promote the growth of all industrial sectors, including manufacturing, fuel, agriculture, forestry, mining, tourism, construction, and ICT-based industries.
- The government's goals include expanding labor-intensive and export-oriented industries, increasing fertilizer production for food security, and generating skilled manpower and employment.
- The broad industry sector consists of five sectors: mining and quarrying, manufacturing, electricity, gas, steam, and air condition, water supply, and construction.
- Bangladesh aims to become an industrially developed middle-income country.
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Description
The industry sector's contribution to Bangladesh's GDP is increasing, with the government taking initiatives to support various sectors such as manufacturing and agriculture.
