The formation of Accord and Alliance in 2013 and their activities for workplace safety in the RMG sector have led to important organisational learning for Bangladesh. For the first time, stakeholders of the RMG value chain have experienced new forms of compliance assurance.
Some key issues, like housing rent, number of family members, and healthcare, were likely to be prioritised in the new wage structure for garment workers, Bangladesh Garment Manufacturers’ and Exporters’ Association (BGMEA) president Siddiqur Rahman
Minimum wage calculations must take into account some key factors such as number of dependent family members, food, housing, healthcare, children’s education and recreation
Rapid automation of production, closure of some noncompliant factories and the emergence of some other high-potential sectors have shrunk the total number of workers employed by the garment sector by 0.80 million over the last five years.
Workplace safety, employability, workers’ income and livelihood, and workers’ rights are still a prime concern in Bangladesh, says Dr Khondaker Golam Moazzem
As China’s relative share of global Readymade Garment (RMG) exports start to drop thanks to rising standards of living there, a number of nations are queuing up to grab the opportunity.
Big groups are now investing in the apparel accessories segment mainly to meet their own requirements and grab the growing demand both in local and international markets, industry insiders said.
Distinguished Fellow of the Centre for Policy Dialogue Mustafizur Rahman said Bangladesh has more potential but it should ensure shorter lead time, high standard of compliance, higher productivity and capacity at factory level and competitive prices for remaining the top choice of retailers and brands.
For organisational success, change is inevitable, which requires improved monitoring and evaluation system in management, as well as updated database in order to uplift the growth-based prospect. The readymade garments (RMG) is viewed as one of the growing industries in Bangladesh.
Role of research critical for understanding future challenges and potentials of Bangladesh’s RMG sector
Bangladesh’s ready-made garment industry is facing new challenges. While owners have to make a huge investment for remediation and other compliance issues, their competitors are trying to increase their international apparel market share by technological up-gradation and market diversification.
As a signatory to the ‘Sustainability Compact’ with the EU and ILO, Bangladesh must ensure improved workers’ rights and better industrial relations in the country’s RMG sector.
The readymade garments (RMG) sector of Bangladesh has undertaken significant compliance measures to ensure safety of factories and workers since the Rana Plaza tragedy on April 24, 2013, when an eight-storied commercial building collapsed killing more than 1,100 workers died, and injuring more than 2,500 people.
It has been four years since the day in April when the nation and the world was shocked when a garment factory building in Savar came crashing down. 1,129 workers were killed and thousands more injured, trapped in the rubble.
Published in The Financial Express on Thursday, 20 April 2017 The Government of Bangladesh has been increasingly reliant on the sales of National Savings Directorate (NSD) certificates for budget deficit financing. Net sales of NSD certificates stood at Tk. 28,894.15 crore (Tk [...]
Just at the time when a major conference on the apparel sector of Bangladesh was held on February 25 in Dhaka with the promise to work together for a better tomorrow, disappointing news on labour rights in the readymade garments sector has surfaced.