Home / Knowledge / News / Apparel/Garments / 'Make minimum wage for garment workers a compliance issue'
'Make minimum wage for garment workers a compliance issue'
03
Sep '13
Bangladesh’s Nobel Laureate Professor Muhammad Yunus has proposed that an international minimum wage for garment workers should be worked out separately for each country, and the minimum wage so worked out should be accepted as a compliance issue, said a press release.
 
Speaking at the Humboldt-Viadrina School of Governance in Berlin on addressing the issues raised in Bangladesh after the Rana Plaza tragedy, Prof. Yunus highlighted the major issues relating to the garment industry and proposed a comprehensive global initiative to solve these problems across all garment producing countries.
 
Mr. Yunus proposed working out an international minimum wage for garment workers for each country separately. He suggested that the international minimum wage should be accepted as a compliance issue, and should not be a subject of any price negotiation.
 
He said international buyers will accept the minimum wage as part of production cost and make sure that price negotiation does not impact on the minimum wage in any country.
 
Elaborating his idea of creating social businesses to offer ‘Happy Workers Tags’ at an additional cost of minimum of 10 percent on top of the production cost, Prof. Yunus said the money so collected will be used by social businesses to deliver important social and health services for a specific period, to the specific group of workers who were involved in producing those garments.
 
The conference was convened by Yunus Centre in Dhaka and the Humboldt-Viadrina School of Governance for preparation to organize a global conference to launch Garment Industry Transparency Initiative (GITI) at the suggestion of Professor Yunus.
 
GITI is conceived to be a joint approach of Governments, factory owners, labor, and the retailing companies, and the civil society in both producing and consuming countries. It will find an agreement among the involved parties with regard to comprehensive standards on labor conditions.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 28th Apr 2017

Continue existing Duty Drawback, ROSL scheme post GST: TEA

Tiruppur Exporters' Association (TEA) has made requisitions to...

Apparel/Garments | On 28th Apr 2017

Deckers Brands starts review of strategic alternatives

Deckers Brands, a global leader in designing, marketing and...

Courtesy: AAFA

Fashion | On 28th Apr 2017

Andrew Rosen, Stuart Vevers among AAFA awardees

Andrew Rosen, founder and CEO of Theory, Stuart Vevers of Coach, Nick ...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X