Dhaka, April 19 -- Quoting the International Chamber of Commerce, Bangladesh (ICC, B), a recent newspaper report said that the country's very richest have become dramatically richer and corporate profits have hit record highs, driving an explosion of inequality. The report said the economy over the world is witnessing an intense inequality crisis for which about 14 per cent of the global population living in 46 countries has to face serious impediments, which directly hamper their ability to progress economically and graduate from the least developed country category.

Bangladesh is also no exception to have respite from the curse. The country has remained with substantial income inequality in all its manifestations even after 50 years of...