Govt plans to go for open pit coal extraction

Govt plans to go for open pit coal extraction

Finance Minister AMA Muhith same on Wed that the govt. is about to select open pit coal extraction to induce the utmost good thing about coal reserve.

Large scale dislocation of inhabitants, that is clear within the case of open pit technique, wouldn't be an enormous concern for the govt., Muhith same, adding "Appropriate rehabilitation programme for the affected individuals is being planned."

"We would like a lot of coal from our underground reserve. we tend to area unit about to decide on open pit coal extraction technique so most attainable coal extraction takes place," Muhith told a gathering with community, junction rectifier by Federation of BanglaDesh Chambers of Commerce and business (FBCCI) President Kazi Akram Uddin Ahmed.

A decision on open pit technique would be taken throughout the tenure of the incumbent government, Muhith same at the meeting, control at the room the finance ministry.

Muhith same the recent spate of hartals and violence unleashed by Jamaat-Shibir activists wasn't 'anarchy', however 'an commit to produce anarchy'.

Of the fifteen districts that witnessed the difficulty, six were the foremost hard, however the remainder seasoned bother to some extent, he added.

Muhith same the violence that was created over the previous few days wasn't widespread, however tries were created to continue it.

He same it's the duty of the govt. to take care of law and order, expression the case would return beneath full management at intervals one or 2 days following his talks with the house Minister.

The minister of finance, expressing his high hope, same the economic process within the current year can reach near seven per cent.

He same the ability generation would be very little quite seven,000 MW by the tip of this year and there would be no downside of power by 2016-17.

In response, Muhith same there's no reason for lack of confidence because the economy is doing well.

He, however, acknowledged that issues within the macro-economy area unit still there and there's nothing to deny.

"Everyone regarding|worries|is bothered} about the bank interest rates; even the Bangla Desh Bank Governor has conjointly expressed his concern. Besides, there area unit another issues within the banking sector, as well as settlement of L/Cs," Muhith told the meeting.

Referring to the recent surplus foreign currency reserve of over US$ fourteen billion, Muhith same the excessive reserve may additionally flip dangerous as a result of utilization during this regard is additionally necessary.

Kazi Akram Uddin Ahmed same that each the govt. and therefore the opposition would need to step up to resolve the continuing political crisis.

It would not work if one turns her face aloof from the opposite, the FBCCI chief same.

Mentioning that the businessmen area unit at risk within the wake of gift political crisis, the FBCCI president same that another method would need to be pointed out to come back out of the essential state of affairs.

 He said, "The politicians area unit patriots. I firmly believe they're going to ne'er have interaction in harmful activities. Businessmen area unit currently changing into hostages to the present politics,".