Research funds should be increased by increasing the allocation in the education sector

Dhaka University (DU) Vice-Chancellor Professor Dr. ASM Maqsood Kamal said that there is no alternative to education, research and innovation for the development of the country. For this reason, the innovation and research fund should be increased by increasing the allocation in the education sector budget.

He said this in a discussion session titled ‘Budget 2024-25: Expectations and Achievements’ in virtual classroom of Dhaka University Professor Abdul Matin Chowdhury on Tuesday (June 11).

The Vice-Chancellor said that in the allocation of the national budget, emphasis should be placed on taking into account the challenges of dealing with the ongoing crisis in the world. With the aim of economic development and prosperity of the country by creating employment in the international market, the young generation should be trained as skilled human resources. To further the development of the country through new research and innovation, teachers, researchers and students are called upon to ensure the appropriate use and prevention of wastage of money allocated to the education and research sector in the national budget.

Former planning minister M. was present at the meeting. A. mannan He emphasized on prevention of wastage and appropriate use of money allocated in the national budget and said that under the leadership of Prime Minister Sheikh Hasina, Bangladesh has achieved extraordinary success in poverty alleviation. The young generation should be made skilled in knowledge, science and technology to advance this trend of country’s development. Civil society, teachers, researchers and policy makers need to work together to provide recommendations and advice on budget allocations for all sections of the country’s population and for overall development.

Director of the Center on Budget and Policy Prof. Dr. M. Abu Yusuf.

He said that there is no alternative to increasing the allocation in the national budget for the higher education sector. Training of teachers and students, establishment of smart classrooms and labs, establishment of modern libraries, improved accommodation, adequate salary allowances, quality research on various important and contemporary issues and quality enhancement require both budget allocation and proper planning. The fiscal year 2024-25 is strategically the most important year for Bangladesh to implement its framework for achieving sustainable development and achieve the goals it has set.

The discussion meeting was chaired by Professor Mumtaz Uddin Ahmed, Chairman of the University Treasurer and Center on Budget and Policy, Acting Dean of Faculty of Social Sciences, Professor Rasheda Irshad Nasir, President of Dhaka University Teachers Association, Professor Dr. Md. Nizamul Haque Bhuiyan, Member of the National Board of Revenue M. M. Fazlul Haque, Chairman of Research and Policy Integration for Development. MA Razzak and Professor of Development Studies. Tayebur Rahman spoke. The program was conducted by Professor of Business Administration Institute. Melita Mehzabin.