Professional Documents
Culture Documents
The Research gives the grievous effect on different parts of Fiscal policy that is affected by Hartal.
As a result if the situation becomes entangled in a certain stage the wheel of the entire economy
are bound to be halted abruptly and the country’s economy wil be destroyed. For this reason it is
essential for our politician to search an alternate of Hartal. The Research identifies a disappointing
fact that Hartal imposes a large cost on the economy. Also it attempts to explore the negative
impacts on GDP and revenue collection. Based on the findings, a number of suggestive policy
measures that the planners and implementers may consider for the future development of political
“Fiscal Policy and Hartal: A Case Study on Bangladesh from 2013 to 2014; specially on the Last
Intruduction:
Fiscal policy is very much related to the Public Finance in the Macroeconomics. Fiscal policy
means the process by which government’s expenditures, tax rates and budgets would be monitored
the national economy.The term “Hartal” basically comes from Gujarati language. “Hat” means
market and “tal” means tala or lock, which referred to locked market or bazaar“bondh.” Hartal was
first used during the Indian Independence Movement. It is a way of mass protest often involves a
total shutdown of workplaces, offices, shops, courts of law with the object of realizing a demand.
(CPD, 2013). Now it is also related to the politics of Bangladesh,specially in the election year.
or a state. So there need to be an economic policy to lead human’s society. There are two types of
economic policy: Monetary policy and Fiscal policy. Fiscal policy is the process by which a
government adjusts spending and monitoring tax rates and nation’s economy. Fiscal policy is also
related to public finance. On the other hand, Hartal means the act of suspending tasks and closing
all kinds of shops, educational institutions and official activities. But this term is always used in
political protest. So this is very much related to democracy like Bangladesh. But Fiscal policy is
influenced by Hartal in developing countries like Bangladesh. Hartal has become the major issue
Hartal is even more unacceptable when the country is on track of vigorous economic growth in the
coming days in exports and imports activities in bangladesh. Hartal, no matter whether it is violent
violent movement that people saw before the January-5 national election in 2014. What does really
happen in Hartal? Does it create any difference ? As always found, a Hartal virtually discusses a
serve blow to the economic activities apart from leaving normal life in disarray. For a country’s
economy, which is already under so much of pressure by Hartal In fact, for an economy like ours,
Hartal seems to be a more threatening word by influenceing Fiscal Policy. So government should
now take proper steps against Hartal to protect Fiscal policy in Bangladesh.
Purpose of Research:
1.To find out the impact of the Hartal in Fiscal Policy of Bangladesh.
2.To examine the culprits, agents or organizations, responsible for Hartal of influencing Fiscal
Policy in Bangladesh.
3. To analysis the existing initiatives of government against Hartal to run Fiscal Policy.
4. To discuss how Fiscal Policy is influenced by Hartal in Bangladesh, specially the last national
5. To suggest how the Fiscal Policy can be protected in the painful Hartal.
Research Questions:
1.How Fiscal Policy is influenced by Hartal, specially the Last election period in Bangladesh?
3. What rules and regulations are taken against Hartal to protect Fiscal Policy by Government?
4. Which organizations or agents are responsible for influencing Fiscal Policy in Hartal Period of
Bangladesh?
5. How government initiarives and people awarness can be strengthen to protect Fiscal Policy in
Bangladesh?
Research Hypothesis:
Government Steps against Hartal by Police, Army and Mobile court are not much effective that
affect Fiscal policy, but If government can take effective steps against Hartal by saving Fiscal
There are many significances of this Research. Some of these are given below:
1. By Hartal in 2014,there were cause Tk49, 000cr loss in the Fiscal policy estimated by CPD. So
there need to find out culprits ,responsible for destroying Fiscal policy.
2. Historically, Hartal has been a common form of resistance in Bangladesh, although there was a
three-year period without Hartal from 2007-2010. So there need to be collected informations why
3.To study Government policy initiatives againgst Hartal to protect Fiscal policy of Bangladesh.
4. To know how Fiscal Policy is destroyed by Hartal in the impact of Hartal on Stock Return and
Turnover.
Besides these there are many significances which are partially would be led to comparative
Literature Reviews:
There is no direct research works in this topic. But partially there some books, journals and
newspapers which could related this study- some of these are given below:
1.The Economy: Looking back and moving forward –Dr Fahmida Khatun
The losses due to recent Hartal and blockades in four sectors would be Tk49, 018 crore, which is
4.7% of the GDP of the last fiscal, says an independent estimate released in January
2014.Considering the losses, the Gross Domestic Product is apprehended to moderate at a range
between 5.6% and 5.8% this fiscal year. The damages in terms of money were calculated taking
into consideration 55 Hartal and blockades enforced between July 2013 and January 2014 – before
and after the general election held on January 5.The land transport (rail and road) sector incurred
losses of Tk16, 689 crore, highest among the four sectors as estimated by Center for Policy
Dialogue (CPD).It was followed by agriculture and agro-based industries that faced losses of Tk15,
829 crore, clothing and textiles Tk13, 750 crore and tourism Tk2, 750 crore.
The Research identifies a disappointing fact that Hartal imposes a large cost on the economy. Also
it attempts to explore the negative impacts on GDP and revenue collection. Based on the findings,
a number of suggestive policy measures that the planners and implementers may consider for the
a.http://www.finmin.nic.in/
b. http://www.uptodate.org.uk/home/welcome.shtml
c. https://www.thedailystar.com
d.http://www.thefinancialexpressbd.com
e. https://www.academia.edu/
After understanding above these studies, there is no specific research in this topic. But these
documents would be helped for collecting and completing this research work.
Research Methodology:
1.Sources of Data:
There are two types of data will be used for effective research:
a.Primary data: The primary data will be gathered from different government’s
b.Secondary data: The Secondary Data will be gathered from newspapers, journals, books and
2. Unit of Analysis:
The unit of analysis is members of Police and Mobile couts, Ministry of Finance, FBCCI and
General public.
2. Ministry of Finance 5
3.FBCCI 5
4.General Public 25
3. Sampling method:
4. Measurement: Triangulation mixed and Nominal and Ordinal scale will be used here.
5. Data Analysis: The gathered data will be presented by Statistical Package for Social
Ethical Statement:
This Research (Fiscal Policy and Hartal: A Case Study on Bangladesh from 2013 to 2014; specially
on the Last National Election Period in Bangladesh) is unique. There is no research before in
Expected Results:
From the discussion of this research there would be found a scenario which can help us to realize
Conclusion:
The opposition doesn‘t have any other platforms to voice their demands and hence use Hartal;
politicians only care about personal gains and do not heed the impact on the economy because they
are immune to the consequences; the government is hostile, leaving few alternatives; options such
as rallies, protests, hunger-strikes are useless. All of these arguments make opposition leaders
appear selfish, irrational, and ignorant. Hartal is a strategic tool for opposition parties utilized in
the years prior to elections. Hartal legitimize the use of violence, which in turn can undermine the
government, thereby raising the chances of electoral success for opposition parties. Hartal put salt
References:
2. http://eprothomalo.com/displaypage.php?id=2013_03_22_10_0_b#
3. http://eprothomalo.com/index.php?opt=view&page=1&date=2013-03-27#
4. http://eprothomalo.com/index.php?opt=view&page=.
5.http://www.finmin.nic.in/
6.. http://www.uptodate.org.uk/home/welcome.shtml
7.. https://www.thedailystar.com
8.http://www.thefinancialexpressbd.com
9. https://www.academia.edu/
10. CPD (2013). Bangladesh 2013: Assessing economic implications of the present Political
shocks.