Home / Knowledge / News / Apparel/Garments / Bangladesh Bank Governor calls for upgrading RMG sector
Bangladesh Bank Governor calls for upgrading RMG sector
21
Nov '13
Atiur Rahman, Governor of Bangladesh Bank, has given a call for strengthening and upgrading the country’s readymade garment (RMG) sector.
 
The Governor was speaking at a seminar on ‘Responsible Business Lessons for the Bangladesh Ready Made Garment Sector’, organized by the CSR Centre, Dhaka.
 
He termed the contribution of the garments sector in Bangladesh for the past three decades as simply outstanding in terms of employment generation particularly for women, export earnings and domestic demand creation.
 
With the lion share in export and transforming itself as the top producer in South Asia, garments sector deserves to be the prime driver of change, the Governor said.
 
“Equally, they (the garment sector employers) are expected to be more responsible socially as well, particularly to their workers who are yet to get a credible living wage,” Mr. Rahman said.
 
He made a mention of a UK Government sponsored project ‘Responsible Accountable Garment Sector’ (RAGS), which was initiated in 2010 and is expected to end in December 2013.
 
He said the objective of RAGS is to engage in a holistic approach of developing the RMG sector through capacity building of mid-level management and workers, women’s empowerment through skill training and women’s cafes and women’s rights, working with small and medium enterprises and cottage industries to produce fair trade products and accessing global markets, using environment-friendly technology in the RMG sector. 
 
In Bangladesh, there are 4 projects being implemented under RAGS, which are led by Actionaid 
Bangladesh, Impact Foundation, Tesco and People Tree Foundation.
 
“Post Rana Plaza calamity has revealed that in order to create a sustainable RMG sector in the countries in Asia, there have to be proper implementation and concern on aspects of human rights, worker friendly environments through occupational health & safety issues, capacity building of workers and supply chain interventions which will adhere to global standards and create a ‘win-win’ situation for both employees /workers and factory owners,” Mr. Rahman said.
 
He suggested that “Investing in skill development of workers will enhance labor productivity and increase market share and bring in higher profits.”
 
“All stakeholders, both internal and external, must join hands to improve the working conditions in RMG sector, the life line of Bangladesh economy,” he concluded.
 

Fibre2fashion News Desk - India


Must ReadView All

Vietnam’s textile & garment exports earn $7.3 bn in Q1

Textiles | On 20th Apr 2018

Vietnam’s textile & garment exports earn $7.3 bn in Q1

Vietnam earned $7.339 billion from textile and garment exports in the ...

Uganda yet to exploit AGOA benefits: US envoy Malac

Apparel/Garments | On 20th Apr 2018

Uganda yet to exploit AGOA benefits: US envoy Malac

Uganda is yet to take full advantage of the Africa Growth and...

Courtesy: KBR, Inc

Textiles | On 20th Apr 2018

KBR completes KPIC’s ethylene plant revamp project

KBR, Inc. has successfully completed the ethylene plant revamp...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Victor Chao
Esmetex

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

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

C Dhandayuthapani

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

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Eamonn Tighe
Nature Works LLC

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra
Huemn

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

Leave your Comments


April 2018

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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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