Home / Knowledge / News / Apparel/Garments / Digital wage system for 90% Bangla garment workers by 2021

Digital wage system for 90% Bangla garment workers by 2021

22
Nov '19
Pic: Shutterstock
Pic: Shutterstock
Ninety per cent of garment workers in Bangladesh will be brought under the digital wage system by 2021 as part of a government initiative. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is gradually bringing workers under the cashless payment system, which now includes 1.5 million workers under it, while another 2.6 million are set to join.

“We want to go for cashless transaction to pay wages to workers to upgrade them to next level,’’ said BGMEA president Rubana Huq at the Bangladesh Digital Wage Summit in Dhaka recently.

The Access to Information (a2i) Programme of ICT Division supported by Cabinet Division and United Nations Development Programme (UNDP), and Better Than Cash Alliance (BTCA) of United Nations Capital Development Fund jointly organised the summit.

At the event, the government and the private sector committed to working together to solve the challenges in ensuring all garment factories pay their workers digitally, according to a press release from the organisers.

The summit discussed issues faced in making cash payments for both the garment employees and manufacturers, and how digital payments are beneficial for both parties, in terms of security, efficiency, empowerment and independence.

When payrolls got digitalised, garment factories recorded a 53 per cent savings in staff time for their administration and finance teams. Wage digitalisation also improved the likelihood of women to participate in household decisions related to spending and savings by 15 per cent, according to Bangladesh media reports.

Huq said BGMEA would teach workers about the operation of digital wage system to empower them.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Textiles | On 14th Dec 2019

No retroactive anti-dumping duty on US PTY import from PRC

As the US International Trade Commission has not found critical...

Pic: Shutterstock

Retail | On 14th Dec 2019

7000 Hong Kong retail establishments may close down: HKRMA

Some 7,000 licensed retail establishments out of 64,000 in Hong Kong...

Pic: Attune

Information Technology | On 14th Dec 2019

Attune delivers SAP S/4HANA for fashion brands

Attune has successfully completed multiple SAP S/4HANA for fashion...

Interviews View All

Mohammad Mamun Ar Rashid, UL VS Bangladesh Ltd

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Yashiki Gumber, Sahiba Fabrics

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Neel Sawhney, One Friday

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Tina Antoniades,

Tina Antoniades

India-headquartered Lulu & Sky is a rapidly escalating brand with the...

Harsh Shah,

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Iago Castro Asensio, RCfil Distribuciones S.L.

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

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

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

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


December 2019

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


Advanced Search