In order to reap benefits from a rapid technological advancement in Bangladesh, rural youths should be provided with appropriate training. This requires proper policy formulation, implementation and adequate funding.
Speakers on Saturday made the observation at a seminar titled "Employment Generation in Rural Bangladesh in the Context of Technological Advancement" at Bangabandhu International Conference Centre in the capital.
Dr Mashiur Rahman, the economic affairs adviser to the prime minister, was present at the event as the chief guest with Dr Qazi Kholiquzzaman Ahmad, the chairman of the Palli Karma Shahayak Foundation (PKSF), in the chair.
Dr Mashiur Rahman said demographic dividend can be availed if technical education can be expanded alongside the present education system. It will also ensure sustainability in employment.
He emphasised agricultural modernisation and expansion of agricultural insurance to ensure employment in rural areas.
Md Asadul Islam, the senior secretary of the Financial Institutions Division in the finance ministry, was present at the event as a special guest.
He underscored ensuring technical education, technological development and skills enhancement for employment generation. "educated youths are involving in rural employment and agriculture. Hence, it is necessary to simply the process of financial services for them for creating young entrepreneurs."
Dr Qazi Kholiquzzaman Ahmad said PKSF, in addition to funding, provides training on technology, technical, marketing and demand-driven needs, which plays a vital role in generating sustainable employment.
Mustafa K Mujeri, the executive director of the Institute for Inclusive Finance and Development, presented the keynote paper, while Dr Binayak Sen, the director (research) of the Bangladesh Development Research Institute, attended the event as a discussant.