Saturday, June 9, 2012

BWCCI hails allocation of 100 cr. taka for women entrepreneurs in national budget 2012-13

Bangladesh Women Chamber of Commerce & Industry (BWCCI) congratulates the Government and the Finance Minister for allocating 100 crores taka as grant for women entrepreneurs in the national budget 2012-13. We believe the proposed budget for the fiscal year 2012-13 announced by the Honorable Finance Minister on 7 June, 2012 at the parliament will accelerate the development of our country. The endeavor taken by the Govt. as per the proposal of BWCCI has made us more hopeful as an organization representing women entrepreneurs. We believe that women will be more empowered and women entrepreneurs will contribute more to the overall development initiative of the country.

In addition to allocating 100 crores taka, Bangladesh Women Chamber of Commerce & Industry recommends the followings also to be incorporated in the revised budget 2012-13:

 - Introducing tax-free income limit to Tk. 3,000,000 for women
 -15% reserved quota in the Equity and Entrepreneurship Fund (EEF)
 - Introducing separate Women entrepreneurship development policy
 - Reserved quota in economic zone and industrial parks for women entrepreneurs