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Cabinet okays draft law to control MLM
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MLM business, he/she will be sentenced to one to five years in jail and will have to give those people double the money, which has been exchanged, in compensation.
Against the backdrop of some MLM companies taking away thousands of crores of taka from people through deception, the government decided to go for such a law to bring the MLM businesses
under a legal framework, Musharraf added.
POPULATION POLICY
The cabinet endorsed the Population Policy, 2012 intended to reduce the reproduction rate from 2.3 to 2.1.
The policy is also aimed at reducing maternal and child mortality rates, empowering women and bringing gender equity. There will be three separate bodies headed by the
prime minister, the health minister and the health secretary to implement it.
OTHERAPPROVALS
The cabinet extended the effectiveness of the Quick Increase in Supply of Power and Energy (Special Provision) (Amendment) Act, 2012 for a year from October 12, the day its effectiveness was supposed to be over.
It approved the draft of the Islamic Foundation (Amend-
ment) Act, 2012 that will bring Jamiatul Falah Mosque in Chittagong under the government's authority like Baitul Mokarram National Mosque and Shahi Mosque in the port city.
The proposal to ratify the Straddling Fish Stock and Highly Migratory Fish Stock Agreement was also approved. This agreement will help Bangladesh explore fish beyond 200 nautical miles in
deep sea.
The cabinet also ratified the visa waiver agreement between Bangladesh and Turkey.
It gave the go-ahead for Bangladesh Labour Welfare Foundation (Amendment) Act, 2012 with a provision that the owners of the mills and industries will deposit five percent of their annual profit to the labour welfare funds.