Bangladesh’s current economic growth is not only just commendable but also exemplary to any developing country. However, in order to digitalise the already boosted economy the government is planning to arrange micro credit at 4 per cent interest rate for the entrepreneurs of the F- commerce, the newest form of e-commerce. Reportedly, Bangladesh Bank (BB) has already constituted a Tk 500 crore fund for start-ups. Entrepreneurs who are engaged in F-commerce and other forms of e-commerce will get credit at 4 percent interest rate from this fund.
This move will not only digitalise the economy further but also will diversify it. The pandemic has somewhat come as a blessing in disguise for the new entrepreneurs across the country for their revolution in f-commerce. This insurgent change was entirely unexpected and with silent progression, they are having a significant impact on our economy through information technology.
This will not only digitalise
the economy further but
also will diversify it
However, when it comes to f-commerce entrepreneurship in rural areas, rural entrepreneurs still face a number of problems. Therefore, the government needs to make sure that rural entrepreneurs get economically motivated.
Central bank should monitor that the microcredit which they are providing are allocated properly and reaching the real beneficiaries. Government should provide numerous types of training to f-commerce entrepreneurs across the country.
There is a significant gap between urban and rural entrepreneurs when it comes to opportunities in the e-commerce sector due to their internet access and networks. Therefore, authorities concerned should take necessary steps to provide strong internet network in rural areas. Also, various kinds of training on e-commerce should be imparted to rural entrepreneurs.
