Market Mogul

  The Supreme Court of Bangladesh has significantly reduced a contentious job quota system following widespread national unrest, according to local media. The recent turmoil, which has resulted in over 100 fatalities, stemmed from student-led demonstrations against the job reservation policy. A Call for Change Students have been vehemently opposing a quota system that allocated 30 percent of government jobs to descendants of veterans from Bangladesh’s 1971 war of independence. The protesters argue that this system disproportionately benefits supporters of the ruling Awami League party, which spearheaded the independence movement against Pakistan. Supreme Court Ruling In response to the protests, the Supreme Court decreed a reduction of the quota for veterans’ descendants to 5 percent, with 93 percent of government jobs now to be awarded based on merit. The remaining 2 percent will be reserved for members of ethnic minorities, as well as transgender and disabled individuals....

Bangladesh is grappling with a severe crisis as recent unrest has resulted in at least 39 fatalities following clashes between protesters and police. The violence erupted over a contentious reintroduction of a quota system for government jobs, which has ignited significant unrest among students and other activists. The turmoil has intensified further with the government’s crackdown on dissent and opposition forces, leading to a complex and troubling situation. The protests were initially sparked by the reestablishment of a quota system that reserves a substantial portion of government positions for families of veterans from the 1971 War of Independence. Critics argue that this move perpetuates inequality and nepotism, undermining meritocracy. Supporters, however, view it as a necessary measure to address historical injustices and promote inclusivity.  In recent weeks, the situation has deteriorated markedly. What began as peaceful demonstrations quickly descended into violence as p...