Home / Knowledge / News / Apparel/Garments / Bangladesh Wage Board recommends Tk 5300 as minimum salary
Bangladesh Wage Board recommends Tk 5300 as minimum salary
05
Nov '13
The six-member Wage Board, constituted by the Government of Bangladesh in May this year to revive minimum wages of workers employed in the country’s readymade garment (RMG) manufacturing units, has recommended Tk 5,300 as minimum wage, including food subsidy.
 
After failing to finalize the minimum wage at its earlier meetings, the Wage Board took a vote to finalize the Tk 5,300 (approx. US$ 68) per month salary, which would be 76.66 percent higher than the existing Tk 3,000 per month.
 
The new salary proposed by the Wage Board includes Tk 3,200 as basic pay, Tk 1,280 towards house rent, Tk 320 as medical allowance, Tk 200 as transport allowance, and another Tk 300 as food subsidies.
 
The previous wage board constituted by the Bangladesh Government in July 2010 had hiked the minimum wage from the then existing Tk 1,662.50 per month to Tk 3,000 per month.
 
The draft proposal would now be forwarded to the Labour Ministry, which would seek opinions of stakeholders, and after 14 days would publish a gazette notification, after which the new minimum wages would become effective.
 
The salaries of those working in other grades would also increase proportionately, once the new wage structure is implemented, which is likely to benefit around 3.5 million garment workers.
 
The Tk 5,300 minimum salary finalized by the Wage Board is higher than the Tk 4,250 suggested by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and lower than the  Tk 8,114 sought by workers’ representatives.
 
Bangladesh is the second largest exporter of apparel, next only to China, and few incidents like the last year’s Tazreen Fashion fire accident and the Rana Plaza building collapse earlier this year brought global limelight on the existing conditions of garment workers in Bangladeshi factories.
 

Fibre2fashion News Desk - India


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Harmeet Singh

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

Kerem Durdag
Biovation II LLC

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Igor Chapurin
Chapurin

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

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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