Sign in

Bangladesh on path of economic growth, but hit by Islamic radicalisation

Bangladesh's progress in economic growth is running counter to rising Islamic radicalisation in the country, which will turn out to be a long term threat to the People’s Republic and has the potential to destabilize north-east part of India.

Published on: Jun 17, 2022, 12:35:35 IST
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

While India's neighbours Sri Lanka, Pakistan and Nepal continue to reel under external debt fueled by depreciating local currencies against the US dollar, a country which was once dubbed one of the poorest, has emerged as a ray of hope due to rapid strides in economic growth and progressive outlook.

Bangladesh prime minister Sheikh Hasina
Bangladesh prime minister Sheikh Hasina

Born in 1971, Bangladesh has emerged as among the fastest growing economies in the past decades, the World Bank said. According to the report, poverty declined from 43.5 per cent in 1991 to 14.3 per cent in 2016. The International Monetary Fund has forecast the country's real GDP projection at 6.4 per cent for 2022.

The economic progress is in stark contrast with Pakistan, from whom the Bangla-speaking country was carved out in 1971. Pakistan's economy is in precarious situation with high external debt, double digit inflation and spiralling down Pakistani rupee which currently stands at 205 against the US dollar. Thanks to the mis governance during the previous Imran Khan regime, the Shehbaz Sharif government has been forced to hike fuel prices with petrol over 230 per litre and cut down luxury imports including tea from Kenya.

The island nation of Sri Lanka is facing the worst economic crisis, coupled with shortage of fuel for transport and depleted foreign reserves. The Gotabaya Rajapaksa government on Friday had declared holiday for public offices and schools to curtail vehicular movement leaving the roads around Colombo deserted.

Thousands of vehicles are lined up outside fuel stations, while citizens wait for cooking gas supplies. The Sri Lankan currency now stands SLR 355 against US dollar. The situation is no different in Kathmandu as weakening Nepalese rupee has increased the external debt by seven per cent with food inflation due to rising cost of imports.

If you compare Bangladeshi currency Taka as compared to the US dollar, it fares better with rate of 91. But the progress in economic growth is running counter to rising Islamic radicalization in the country, which will turn out to be a long term threat to the People’s Republic and has the potential to destabilize north-east part of India.

The reports of Islamic radicalisation at the Rohingya refugee camps have been a cause of concern. Besides this, there have been attacks on Hindu temples in the Bangla-speaking country in the recent past.

According to intelligence inputs, the terrorism-related violence continues to be under check by the Sheikh Hasina government but Chittagong Hill tracts and the Rohingya refugee camps have emerged as hubs of Islamic radicalization with Pakistan based terror groups playing their part in weaponizing the religion.

Rohingya radicalisation

In 2017, thousands of Rohingya Muslims from Rakhine state of Myanmar crossed over to Bangladesh after their community was targeted. In recent times, there have been reports of Rohingyas turning to radicalisation and terrorism, as pointed out by Bangladesh foreign minister.

> Nabi Hossain, a notorious Rohingya terrorist wanted by the Bangladesh Security Forces, is learned to be planning a movement of Rohingya refugees to demand Bangladeshi citizenship.

Once the 'movement' for citizenship intensifies, the agenda would be to call for an independent state for Rohingyas. Hossain is said to be building a an armed wing and also said to be stockpiling weapons.

> The killing of Rohingya leader Master Mohibullah in 2021 had led to the break in chain command of the Arakan Rohingya Salvation Army.

> Nabi Hossain had taken advantage of defecting Rohingya terrorists and took them on his side. He is currently stationed at an island on the Naf river bordering Chittagong and Myanmar's Rakhine state.

> Hossain shot to fame as 'Master Nabi' after committing a series of robberies, abductions and extortion acts at the Rohingya refugee camps in 2018. He currently controls several armed members. Earlier, in February 2022, Border Guard Bangladesh had announced a bounty of one million takas on his head, describing him as the ‘god-father’ of arms and Yaba synthetic drug smuggling in Bangladesh.

> On May 24, Bangladesh PM Sheikh Hasina observed that the prolonged uncertainty around repatriation was drawing Rohingyas into criminal activities: “They (Rohingyas) are becoming frustrated due to protracted uncertainty over their repatriation which has a potential risk as it entices many of them to get involved in criminal activities.”

> A new organisation called Rohingya Solidarity Organisation has been carrying out military training for new recruits from Rohingya community at camps located in the dense forests of Naikhongchhari Upazila (sub-district) of Bandarban District. The arms being used in the training include – sub-machine guns, AK-47 rifles, MA1 rifles and M16 rifles, which have reportedly been procured from the Arakan Army.

Jamaat-e-Islami Bangladesh

The Jamaat-e-Islami was suspected of attack on Hindu pandals in Noakhali, Chandpur, Cox’s Bazaar last year. There have been reports of Jamaat members clashing with the government authorities.

> On May 17, two police officers were injured during a clash between Jamaat-e-Islami Bangladesh-Islami Chhatra Shibir members and the police on Jail Road in Sylhet city. The clash occurred when police intercepted a procession of Jamaat-e-Islami Bangladesh-Islami Chhatra Shibir cadres.

> A day ealier, the Chittagong Metropolitan Police arrested 49 Jamaat-e-Islami Bangladesh supporters cum financiers during a raid on a hotel in Chittagong’s Teri Bazar area.

> On May 13, Police arrested six Jamaat-e-Islami Bangladesh-Islami Chhatra Shibir members in Rajshahi District while they were holding meeting to plan subversive activities. Police recovered jihadi books, banners for processions, member collection forms and books and donations from their possession.

> Of late, Jamaat-e-Islami Bangladesh has been trying to consolidate Islamic voices against the ruling government with an eye towards general election next year as it has very close links with the Opposition BNP.

> A Central Executive Council meeting of the group held on May 30 under the chairmanship of its Amir Dr. Shafiqur Rahman, called upon the people of Bangladesh to organize a united mass movement for elections under a non-partisan government as well as the release of all detained Alems (religious scholars) immediately. All these red flags are up in Bangladesh despite Prime Minister Sheikh Hasina running a tight ship with a firm hand on terrorism.

  • Shishir Gupta
    ABOUT THE AUTHOR
    Shishir Gupta

    Shishir Gupta is Executive Editor at Hindustan Times and one of India's top journalists covering national security, strategic affairs, foreign policy and geopolitics. Over the past three decades, he has extensively reported on India's military, diplomatic and security landscape, covering every major conflict and national security challenge, from the 1999 Kargil War and the 2020 East Ladakh standoff to Operation Sindoor in 2025. He has also covered major terror attacks, including the IC-814 hijacking, the 26/11 Mumbai attacks and the 2025 Pahalgam terror strike, along with numerous Pakistan-backed terrorist incidents in the Kashmir Valley and across India. He has reported on national and state elections for more than three decades. A recognised authority on strategic affairs, Gupta has covered India's nuclear programme since the Pokhran-II (Shakti series) tests in May 1998 and has written extensively on global nuclear issues, Indian diplomacy and the country's expanding global outreach. He has also reported widely on international conflicts and terrorism, with a special focus on the Indian subcontinent. Gupta has interviewed Prime Minister Narendra Modi more than four times, including Modi's first interview with the print media after becoming Prime Minister in May 2014. His other interviews include three with the Dalai Lama, as well as conversations with Benjamin Netanyahu, Amit Shah, Yogi Adityanath, S. Jaishankar, Nirmala Sitharaman and Piyush Goyal. He is the author of Indian Mujahideen: The Enemy Within (Hachette, 2011) and Himalayan Face-off: Chinese Assertion and Indian Riposte (Hachette, 2014). He was awarded the Chevening-Wolfson Joint Scholarship at Wolfson College, University of Cambridge, UK, in 1998 and participated in the International Visitor Leadership Program (IVLP) of the US State Department in 2006. He received the Ben Gurion Prize from Israel in 2011 and the K. Subrahmanyam Prize for Strategic Studies in 2015 from the Manohar Parrikar Institute for Defence Studies and Analyses (MP-IDSA). Since 2024, he has hosted Point Blank, Hindustan Times' weekly YouTube show on global geopolitics.Read More

Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.