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


Interviews View All

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Yash Agarwal, Hitansh Online

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Top executives, Textile industry

Top executives
Textile industry

GST has levelled the playing field to an extent

Christiane Thies,

Christiane Thies

Founded in 1892, Thies has concentrated on the fabrication of high-quality ...

Paolo Toricella,

Paolo Toricella

Electronics for Imaging (EFI) is a global technology company, based in...

Alon Moshe,

Alon Moshe

Israel-based Twine Solutions is a technology start-up that has developed a ...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Johan Berlin, Investkonsult Sweden AB

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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


October 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search