Clear outline for new jobs absent

The proposed budget has no clear outlines on creation of new jobs in local and overseas markets.
Finance Minister AMA Muhith in his budget speech today however set some targets of producing skilled manpower.
The government will produce a total of 2.6 lakh skilled people for the local market in the next three years with the assistances of development partners, and 10 lakh skilled people for overseas market in the next 15 years.
For local market, the government has identified five growing sectors – garment industry, construction, information technology, light engineering and ship building, the minister said.  
Muhith said his government’s diplomatic successes helped regularise the status of eight lakh Bangladeshi migrants in Saudi Arabia last year, but he did not mention any effort on opening the United Arab Emirates job market.
The UAE and Malaysia, the two major labour markets for Bangladeshis, are almost gone to other neighbouring countries due to government’s slow pace of recruitment system.
Increasing private sector investment, political stability and recovery of falling trend of overseas employment are major challenges in creating jobs for a large number of unemployed people.
Around 20 lakh people join the group of jobseekers every year. Of them, only 4 lakh find overseas jobs while a part of the rest is absorbed in the local market, and others remain unemployed.