Political economy of role of income generating programs of selected NGO’s creating Entrepreneurs in Rural Bangladesh: An Empirical Analysis

Author:Nawazeesh Muhammad Ali

Abstract:
Political economy attempts to take part in fundamental responsibilities standard participate in influence entrepreneurship which can choose to generate income especially in the rural Bangladesh. As such Income Generating Programs (IGPs) facilitate beneficiaries to obtain skills and allow them to engage in activities that generate income through creating entrepreneurs. NGOs have been arranging the benefits to the needy people of the society by giving hose loans to their own entrepreneurial activities by engaging them in the production process. Based on the objective of this study estimated four null hypothesis: Beneficiaries are not getting more earnings from the income generating programs after joining; IGPs do not helped to fulfill the SDG-8 for the beneficiaries of the selected NGOs; IGPs do not deliver benefits to those people who are below the poverty line; Political economy did not lead to economic progress due to IGPs in the rural areas of the country. Political economy in Bangladesh needs to lead to economic progress due to IGPs in the rural areas of the country through innovation and creativity and entrepreneurship with stimulating economic growth as recommended by the author. With all shortcomings, the study recommends to decentralize development policies with the main focus on the rural areas which require implementation and participation of the rural poor. IGPs need to be encouraged for the empowerment of the rural people which has positive impact on economic growth and related to political economy. A wider survey and examination including factor analysis and structural equation modeling analysis may yield more information on the feasibility of these IGPs was suggested by the author.

Keywords:Key Words: Dynamics of the economy, Economic Growth, Income generating Programs, Entrepreneurship, Political economy, Analysis of Poverty, Informal labor market, Human relations in the enterprise, Shadow Economy.

DOI:10.46333/ijtc/9/2/17

International Journal of Trade & Commerce (Vol: 9 Issue:2)