Dhaka, Bangladesh
Youths have potential to contribute to social change: UN

Youths have potential to contribute to social change: UN

Bangladesh’s young people have huge potential to contribute as partners and leaders to development, innovation, and social change, says an UN official in the city on Saturday, reports UNB. While addressing a function celebrating the International Youth Day in Krishibid Institute in the city, the UN official said now over 50 million people in Bangladesh are between the ages of 15 and 35, which is around 40 per cent of the total population. “This number of young people has massive potential to contribute as partners and leaders in development, innovation, and social change,” said Sudipto Mukerjee, United Nations Development Programme (UNDP) Bangladesh Country Director. Over 1,000 young people from Dhaka and other cities, gathered to mark the International Youth Day, which is widely celebrated in most of the countries throughout the world. Throughout the day in several formal and informal sessions, within the ‘SDG Youth Carnival’, they discussed with policymakers their active role in development initiatives and the contribution young people make in achieving the Sustainable Development Goals (SDGs). The event was organised jointly by UNDP, UN Volunteers (UNV) and Radio Shahdin with the participation of United Nations Population Fund (UNFPA). Secretary in Charge of the Ministry of Youth and Sports Md Ashadul Islam on this occasion stressed that the government of Bangladesh values the power of young minds, and supports and encourages involvement of young people and their innovative ideas in the development process. “That’s why the government recently adopted the national youth policy, and has taken initiatives to translate the policy into action. However, to prepare a proper action plan, we’ll require resources,” he said. This year’s theme of the International Youth Day globally is ‘Youth Building Peace’. Issues like growing inequalities globally, extreme poverty, gender and minorities isolation or limited access to social mobility and development opportunities, and unpredictable socio-economic environments at local and national levels, all contribute to the rise of violence in its many forms and manifestations, said UNDP press release. The young people in the event here highlighted and encouraged peace in society, and stood united to promote inclusiveness and tolerance through art, music, joyful games and attractions. During the informal SDGs-dedicated café session, young people discussed their role in sustainable development with representatives of the Ministry of Youth and Sports and United Nations (UN) senior managers. The café was designed to facilitate intergenerational dialogue, to raise awareness about peace-building and SDGs, and to explore and promote a broader agenda for youth expertise deployment in creating a better Bangladesh. “It’s refreshing to see in my country such an event that supports the youth, because the youth is in need of positive support from everyone as a whole in order to grow into successful, peaceful, patient and humble beings that can achieve world peace someday,” said Tabassuma Dhara, one of the participants at the event. “Youths are the future but also the present, and we need to think about the youth as an asset not only tomorrow, but also today,” said Sudipto Mukerjee. Youthopia.bangla, as the largest youth network in Bangladesh and a platform where the young minds of today can be part of the big community was also promoted throughout the day. This online platform and offline community, initiated earlier this year by UNPD and UN Volunteers, gathers over 60 youth organisations for now, while the number of new members is growing continuously. In close cooperation with the UNDP and UNV Youth Team, Radio Shadhin is producing a series of radio consultations depicting different links between Youth and the SDG’s. These ‘Radio Cafés’, pre-recorded 30 minutes programmes broadcast in prime time during seven non-consecutive days, will give the opportunity to young people to learn at length about different SDGs and to inspire them to increase participation. Stocks turnover declines last week The country’s two capital markets witnessed a decline in turnover last week though the Dhaka Stock Exchange Limited registered a record high market capitalization, reports UNB. Market capitalisation stood at Tk 3,973,181,129,503 on the closing session of the weekon Thursdaywhich was Tk 3,955,694,533,249 on the opening day of the last week’s trading at the premier bourse. The total turnover at the DSE declined by 8.31 percent last week, as it stood at Tk 48,794,534,964 which was previously Tk 53,219,272,080, while the total turnover at the Chittagong Stock Exchange (CSE) Limited stood at Tk 2,932,658,205.00 last week against the previous week’s Tk 322,45,00000, showing a decline around Tk 29 crore. Last week, the market was dominated by mainly buyers, says Royal Capital in its weekly market analysis. It said the return to risk ratio was underperformed compared to the last week. The benchmark index of Dhaka Stock Exchange, DSEX, posted a positive sign throughout the week which was induced by buying activity. The market is expected to continue to ‘bull run’ for a shorter period as there may be heavy flow of funds with reference to the flexible monetary policy by the Bangladesh Bank, says the Royal Capital analysis. It said some investors may expose selling attitude next week for profit booking. However, the observations clarify that the market trend will be somewhat bullish next week. The average daily turnover for the week at the DSE dropped by 3.68 percent ensuring lower liquidity of the market in comparison to the last week. This week, the fall in the average daily turnover volume was induced by less active investors’ participation. In the DSE, on the last day of the week, 36 percent ‘A’ category stocks advanced in value while 51 percent declined. Some 24 percent ‘B’ category stocks advanced in value while 65 percent declined in value. Some 20 percent ‘N’ category stocks which are traded advanced in value while 80 percent declined. Some 35 percent ‘Z’ category stocks advanced in value while 49 percent of that category stocks declined in value.

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