The Bangladesh Garment Industry: Challenges of the 21st Century

1921 WordsApr 24, 20078 Pages
The Bangladesh Garment Industry: Challenges of the 21st century Introduction Readymade Garment (RMG) Industry occupies a dominant position in the export-manufacturing sector of Bangladesh. The advent of the RMG sector happened during the early 80s in Bangladesh. Since then, due to supportive policies of the Government of Bangladesh (GoB), this industry has experienced a significant growth. In 1988, the export-oriented RMG sector overtook the traditionally dominant jute sector in terms of gross export accruals. And since then this sector has continued to consolidate it predominant position in the export basket of Bangladesh. According to data of 2003-2004 financial year, the export earnings of the RMG sector was 5686.09 million US dollars,…show more content…
As a result, productivity of Bangladeshi garment workers is less than that of fellow competing countries. Thus my primary recommendation is to improve the productivity of the garment workers. To increase the productivity, implementation of all the existing labor laws is necessary. Also, new labor laws should be formulated according to the needs of country's labor market. The workers have to be made aware of their rights and should be given some support services by the garment factory owners. Along with increasing the productivity of the workers, the industry as a whole has to be supported by the government by increasing and developing the present infrastructure, i.e. development of backward linkage, improve port facility, improve communication facilities, reduction of custom delays, setting up of export processing zones, etc. to improve the competitiveness of the Bangladesh garment industry. Increasing Productivity of Workers: (a) Implementation of Existing laws and formulation of new laws according to the needs of country's labor market: Most of the adverse consequences of women's employment in the export-oriented industries arose from the large-scale labor lawlessness. Therefore, there is a general recommendation to the GoB to devote resources to enforce existing labor laws. Resources should also be devoted to modify existing laws where necessary, and formulation of new laws as necessary. A lot of the workers in
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