Bangladesh : Bangladesh govt changes textile sector regulatory body

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Home / Knowledge / News / Textiles / Bangladesh govt changes textile sector regulatory body

Bangladesh govt changes textile sector regulatory body

07
May '14

The Bangladesh Cabinet has given its nod to change the regulatory body for the textile sector. As per the decision, the Department of Textiles under the Ministry of Textiles and Jute would serve as patron of the country’s textile sector.

The decision, made in accordance with a recommendation made by the National Council of Industrial Development, relieves the Board of Investment from its duties as the regulatory and responsible body for the textiles sector of the country.

In October 1992, the then Government in its Industrial Policy 1991 had stated that Bangladesh Small and Cottage Industries Corporation (BSCIC) will be the patron organization for industries in small and cottage industry sector, while the Bangladesh Export Processing Zone Authority (BEPZA) will be the regulatory administrative body for industries in Export Processing Zones, and the Board of Investment for all other industries. So, until now, the textile industry was under the Board of Investment.

In June 2012, the National Council of Industrial Development concluded that the responsibility of supervising a industry should be handed over to an organization under the ministry to which the industry belongs.

Department of Textiles was created in the year 1978 as an attached Department under the Ministry of Textiles. Previously it was a division of the Department of Industries under the control of Ministry of Industry.

Till 1993, the Department of Textiles acted as a sponsoring authority of Textile Industries. Then the Government transferred the functions of sponsoring authority to the Board of Investment.

The Department imparts technical training through its educational institutions to fulfill the demand of textile technicians and skilled manpower for textile sector. It controls six textile engineering colleges which provide 4-year B.Sc in Textile Engineering, six textile institutes that offer 4-year diploma course and more than 30 textile vocational institutes that offer 2-year secondary school certificate equivalent course.

Fibre2fashion News Desk - India

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