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Women's development should drive our economic growth

Published : Tuesday, 20 January, 2026 at 12:00 AM  Count : 539
Over the past decade, Bangladesh has made visible progress in advancing women's development and economic participation. Public policy has gradually moved beyond a welfare-oriented approach toward a framework that emphasises skills development, entrepreneurship support, and digital inclusion. Initiatives that expanded digital access for rural women, recognised women entrepreneurs, and delivered large-scale training programmes at district and sub-district levels signal a clear shift in policy orientation. Women are increasingly being viewed not merely as beneficiaries of social support, but as active contributors to economic growth. As Bangladesh prepares for the post-LDC transition, the effectiveness of women's economic integration is no longer optional-it is central to competitiveness and growth.

This transition deserves acknowledgement. Yet policy effectiveness cannot be measured by programme volume alone. Beneath the expansion of initiatives lies a persistent structural gap: skills creation has not consistently translated into sustainable economic participation. This disconnect between training and market integration remains one of the most pressing challenges facing women's entrepreneurship policy in Bangladesh today.

Each year, an estimated 250,000 to 300,000 women receive entrepreneurship or skills training through various government agencies, including those responsible for women's affairs, ICT development, youth training, and SME promotion. From basic enterprise skills to digital freelancing and small-scale production, the scale of public investment in women's human capital is substantial.

However, available programme reviews and field-level assessments suggest that within six to twelve months of completing training, between 45 and 60 percent of participants disengage from active entrepreneurial or income-generating activity. In practical terms, nearly 140,000 women each year receive training but are unable to remain economically active in the market.

When trained women fail to remain economically active, the implications extend far beyond individual livelihoods. Even small-scale women-led enterprises generate steady income, support household resilience, stimulate local demand, and contribute to community-level economic circulation.

A conservative estimate suggests that a surviving micro-enterprise led by a woman can generate a net monthly income of BDT 8,000 to 12,000-approximately BDT 120,000 per year added directly to the economy. When roughly 140,000 trained women exit the market annually, Bangladesh forfeits an estimated BDT 16,800 crore in potential economic value each year. This is not a theoretical calculation. It represents a tangible loss of productivity and growth. In the context of Bangladesh's transition from least developed country status-where domestic productivity, competitiveness, and inclusive growth will matter more than ever-such opportunity costs are no longer affordable.

Women's economic development today extends across multiple ministries and agencies. ICT divisions are producing freelancers, youth development institutions are delivering skills training, and industrial bodies are facilitating SME finance. Activity is widespread, and intentions are sound. Yet these initiatives often operate in isolation. They resemble disconnected satellites-functioning independently but lacking a central control system. A woman may receive training from one institution, equipment or support from another, and limited financial assistance from a third. What she does not receive is a unified economic identity. The issue is not duplication of effort, but the absence of a shared operational spine.

Without a consolidated digital profile that records skills, enterprise activity, and progression, women remain invisible to banks, large buyers, and organised markets. This fragmentation undermines credibility, weakens confidence, and ultimately leads to dropout. The problem is not the absence of programmes, but the absence of alignment.

In this context, the role of the Ministry of Women and Children Affairs must evolve. Beyond acting as a project implementer, it must increasingly assume the role of a system navigator for the women's economy. This does not require halting existing initiatives; it requires aligning them under a shared framework. A unified National Women Enterprise Framework, anchored by a central digital platform such as Shetrade.gov.bd, could integrate training databases, enterprise profiles, market access, and digital credit assessment. Such a system would allow women to build economic credibility progressively rather than restarting from zero with each new programme.

At this stage, the challenge is not the absence of tools, but the absence of unified policy direction. Three measures merit prioritisation. First, women receiving public training or enterprise support should be linked to a central digital economic profile capturing skills, enterprise activity, and progression over time. Second, training programmes should incorporate mandatory outcome tracking for at least 24 months, shifting success indicators from participation numbers to enterprise sustainability and income continuity. Third, entrepreneurship initiatives should include defined pathways to markets, ensuring that skills development is connected to demand.

These measures do not require new institutions. They require coordination, mandate clarity, and consistent implementation. The Ministry of Women and Children Affairs currently benefits from senior administrative leadership with demonstrated experience in translating policy intent into system-level reform.

Equally important has been the firm institutionalisation of digital governance mechanisms, including online applications, examinations, and verification processes. By reducing discretionary barriers and enforcing time-bound procedures, these reforms strengthened transparency, predictability, and public trust across administrative services nationwide. Their impact was not symbolic; it was felt widely by citizens navigating public systems. Applying this reform capacity to women's economic integration would be a continuation of established administrative practice, not an institutional leap.

Bangladesh has women with skills, ambition, and resilience. Markets exist, both domestic and digital. Administrative capacity exists. What remains insufficient is coherence. Continuing with fragmented initiatives may increase participation statistics, but it will not produce a women-driven economy. Aligning existing efforts under a unified, results-oriented framework offers a more sustainable path forward-one in which women are not temporary project participants, but permanent economic actors. Coordination is no longer a reform option; it is a governance requirement.

Transforming women's development into a women-driven economy is no longer a social aspiration. It is an economic imperative. And the time to act is now.

The writer is an entrepreneur


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