SLC-S33/W5 | Our Surroundings: Let´s Talk About The News - Let’s talk about the economy in your region?

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Assalamualaikum My dear Steemit friends, how are you all? I hope you are all well by the grace of Allah. I am also well, Alhamdulillah. Today I have come to participate in a wonderful competition. The competition was organized by @adeljose & @kibreay001, thank you very much. The name of the competition is SLC-S33/W5 | Our Surroundings: Let´s Talk About The News - Let’s talk about the economy in your region? Hope you all enjoy. So let's get started.

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Jannat Telecom Singh Bari.
Inside view
Inside view

Local Markets & Businesses; How local markets, shops, and small businesses contribute to the economy

The Jannat Telecom and Grocery Shop located in Tongir Singh Bari is a great example of the local economy. Such small businesses and retail shops play a direct role in making the daily lives of the people of the area easier. Local residents get daily necessities like rice, pulses, oil, LPG gas cylinders for cooking, and mobile recharges or banking services from the comfort of their homes. In addition, these shops provide opportunities for small entrepreneurs to create employment and increase their income. Overall, these rural or semi-urban grocery shops are making a very important contribution to keeping the local economic cycle alive and accelerating mutual transactions.

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Chocolate items
Biscuits
Biscuit Chanachur

How would you describe the relationship between average income and expenses in your community? Tell us about basic goods and services.

The relationship between average income and expenditure in my area is quite realistic and life-oriented. A large part of the income of the common man goes to meet the basic needs of life. The main basic goods and services of the people living here include food products such as rice, pulses, oil, salt, spices and daily necessities, LPG gas cylinders for cooking, electricity bill payment, mobile banking and internet services. According to the income, the expenditure on these daily necessities has to be done regularly, as a result, the scope for saving is limited.

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Cosmetic items
Cosmetic items
Various types of items

Are there education and job training programs available? How do they influence regional productivity?

In addition to general education institutions, there are various technical and vocational training programs in the Tongir Singh Bari area. Through these programs, local youth are acquiring various skills suitable for the garment industry, information technology and small businesses.

By creating skilled human resources, these trainings are directly positively impacting regional productivity. Skilled workers are able to produce high-quality products in less time, which reduces waste and increases overall income. In addition, it is expanding local small and medium industries, reducing unemployment and accelerating overall economic growth.

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Rice
Different types of rice
Grocery items

Are there any infrastructure projects that could change the economic landscape in the near future?

Several mega infrastructure projects are under implementation in Tongi and its surrounding areas, which can change the entire economic picture of the area in the near future. Among them, the Dhaka-Tongi-Joydevpur Railway Expansion Project and the construction of the 3rd and 4th dual gauge lines are very important. Once this project is completed, the number and speed of trains on this route will increase significantly, which will make the movement of goods and passengers with the capital Dhaka faster and easier. In addition, the Dhaka Elevated Expressway and the modernization of the local communication system or the various developmental initiatives of the Gazipur City Corporation will take the regional economy to new heights by boosting industrial production, trade and employment.

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Chips
Pulses
My selfie

Prices & Cost of Living; Changes in the prices of essential goods and how they affect people’s daily lives.

In places like Tongir Singh Bari, the price and cost of living changes directly affect the daily lives of ordinary people. The increase in the prices of rice, pulses, oil, spices or LPG gas cylinders for cooking puts a huge strain on the monthly budget of lower and middle class families. Without increasing their income to keep pace with the rising prices of these essential commodities, people's ability to save is reduced to almost zero. As a result, families struggle to meet their daily expenses and are forced to cut unnecessary expenses to maintain their standard of living, which creates a kind of financial uncertainty in their overall lifestyle.

Item Name	BDT price	steem price
Rice kg	60 taka.	15 Steem
Pulses kg	120 taka	30 Steem
Biscuits	50 taka	12 Steem
Chips	20 taka	5 Steem
Sugar kg	150 taka	45 Steem

Environmental impact & (With pictures + videos) & Location (Steem Atlas pin)

Video link 🖇️