Home / Knowledge / News / Apparel/Garments / B'desh govt proposes new law for RMG sector
B'desh govt proposes new law for RMG sector
01
Sep '15

The Bangladesh government has proposed a new law - the Textile Industries Establishment Act-2015 to crack down on illegal units and streamline the readymade garment (RMG) sector, according to a newspaper report in the country.

The law aims to make the Directorate of Textile an effective ‘sponsoring authority’ for the RMG sector. Stakeholders, however, termed some provisions of the proposed law detrimental to the industry.

According to the draft proposal, none would establish and run textiles and garments factories without registration under the textile industries establishment act. If anyone violates the law there is a provision for one year imprisonment or Taka 1 lakh ($1290 approx) penalty in the draft law. After enactment of the law, all the new establishments (textile and garments) would have to register under the Act and all the existing factories would have to come under the registration of the textile directorate within six months as per the new law.

Officers designated from the directorate could inspect factories at any time and the factories would be bound to provide documents as per requirements of the directorate. The textile directorate will establish a database of the industries based on the information provided by the factories, the draft said.

Earlier, the government had taken the initiative to formulate two separate laws for registration and control of the garments and textile industries and later prepared a draft namely ‘Bangladesh Private Textile Industries (Registration and Coordination) Act-2015’. The draft was sent to the stakeholders for their comments in December last year but most of the stakeholders were yet to respond to the jute and textile ministry.

The name of the act later was changed to Textile Industries Establishment Act-2015. Following several reminders, Bangladesh Knitwear Manufacturers and Exports Association sent its comments putting reservations on some issues. The BKMEA has expressed its reservation over the registration clause of the draft law and said the clause should be applicable for the new establishments and the license for the existing factories should be renewed based on the previous license of the Board of Investment.

The BKMEA has demanded scrapping the provision of recommendation to the customs authorities regarding release of imported capital machineries and indemnity bond.

The trade body said that it would not be pragmatic to renew the license of factories every three years as the industry does not comprise trading companies. The period for renewal of license for the factories should be 10 years instead of three years, the BKMEA said. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search