Economists and business leaders on Sunday said that the country’s industrial policy should focus on policy and institutional coordination for better productivity.
In a webinar on ‘Constraints and Prospects of Industrial Policy’ arranged by the Dhaka Chamber of Commerce and Industry, they also said that cottage, micro, small and medium enterprises should get priority in the industrial policy for inclusive and sustainable socio-economic development.
Palli Karma Sahayak Foundation chairman Qazi Kholiquzzaman Ahmad said that the country’s industrial policy should focus on policy coordination and institutional coordination for better productivity.
He suggested that cottage and micro enterprises should be segregated from small and medium enterprises in the policy.
‘Sector-specific planning needs to be reflected in the next industrial policy,’ Kholiquzzaman said.
He said that new entrepreneurs should also get incentives from the stimulus package for inclusive and sustainable development.