Impacts of Energy Subsidy in Bangladesh: An Analysis

  • Dipika Deb Dipa SUST
  • Kamrul Abedin SUST
  • Mohammad Maniruzzaman Khan Leading University
  • Md. Mymul Hasan UITS
Keywords: Energy subsidy, Renewable energy, Non-renewable energy, Environmental impact, Economic impact

Abstract

Energy subsidies are widespread around the world but country wise varying greatly by the importance of energy supply. As a developing country Bangladesh contains various energy e.g- electricity, natural gas, comprehensive natural gas (CNG), liquefied natural gas (LNG), hydro-electricity, biomass etc. to convey the production purpose, peoples’ demand, subsistence needs of general people and standard livelihood. But it is not entirely possible to maintain all kind of national purpose by stored energy which required the essential subsidies to import the necessary energy from abroad as such as above BDT 282 billion (US$ 3.4 billion) in 2012. Although government provides subsidies for the necessary energy but it (subsidies) has various social, economic and environmental impact that plays the influential impact on our entire national economic growth and development process which is analyzed in the present study.

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Author Biographies

Dipika Deb Dipa, SUST

Department of Economics, Shahjalal University of Science and Technology, Sylhet, BANGLADESH

Kamrul Abedin, SUST

Department of Economics, Shahjalal University of Science and Technology, Sylhet, BANGLADESH

Mohammad Maniruzzaman Khan, Leading University

Section Officer, Department of Business Administration, Leading University, Sylhet, BANGLADESH

Md. Mymul Hasan, UITS

Department of Information Technology, University of Information Technology and Science (UITS), Baridhara, Dhaka, BANGLADESH

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www.asiapathways-adbi.org

www.blog-imfdirect.imf.org

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Published
2015-06-18
How to Cite
Dipa, D. D., Abedin, K., Khan, M. M. and Hasan, M. M. (2015) “Impacts of Energy Subsidy in Bangladesh: An Analysis”, ABC Journal of Advanced Research, 4(1), pp. 39-56. Available at: https://i-proclaim.my/journals/index.php/abcjar/article/view/43 (Accessed: 19September2019).
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