The traditional proverb about education is that education is the ultimate source of knowledge. It plays a crucial role to bring social mobility and change as well as development. Noble laureate Nelson Mandela defined education as 'the most powerful weapon which can be used to change the world.' It stimulates and empowers people to participate in their own development. Similarly a country can ensure its benchmark development by the spirit of proper education system. But if one's education system, particularly higher education system, is not in the proper direction, its future may not be smooth and sound.
Recently we have observed such a shocking direction on higher education in Bangladesh. The government of Bangladesh have imposed 7.5 per cent VAT (Value Added Tax) on private universities. It is very unfortunate that the government had decided a depths of despair decision, which may impede the growth of higher education in future. In the present age of globalization and knowledge economy, while the whole world is investing and focusing on the academic excellence in higher education, Bangladesh is lagging behind. According to the current fiscal year budget, imposing VAT on private universities is just butt of all the jokes that hurdle the motto of 'Digital Bangladesh'.
For Details:
http://www.observerbd.com/2015/08/24/106691.php