Operate cash transfer to disadvantaged communities

UNB :
Experts have urged to increase allocation and operate cash transfer to disadvantaged communities noting that the Covid-19 situation has adversely affected members of these groups.
They also underscored the need for specific policies for vulnerable groups and the right direction to implement them.
Dr Debapriya Bhattacharya, Convenor of Citizen’s Platform for SDGs, Bangladesh and Distinguished Fellow, Centre for Policy Dialogue (CPD), on Sunday made the keynote presentation at

a webinar on what should be there for the ‘disadvantaged people’.
The platform has proposed a number of fiscal budgetary framework, strategic priorities and state of Covid stimulus packages, keeping in the purview of the upcoming 2021-22 budget.
“Employment is being restored with low skills and low-income jobs, extensive under-employment, growing indebtedness and deepening inequality are increasing during the second wave. Budgetary targets are not realised on both resource and expenditure sides,” Dr Debapriya added.
Apparent stability of the macroeconomic situation is also needed in terms of low inflation, stable exchange rate, moderate fiscal deficit and current account surplus.
The socio-economic impact and the disproportionate impact on traditionally marginalised communities (‘left behind’) as well as on low income and low middle-income people (‘pushed behind’) will be more protracted than the immediate health emergencies.