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[media type="image" id="943805" layout="small" position="right" caption="1"][/media] The proposed budget for the fiscal year 2021-22 has failed to address pressing issues related to healthcare, poverty, unemployment, and CMSMEs even though they required special attention to protect lives and livelihoods amid the pandemic. The needs of the poor and the marginalised have also
25pc garment factories shed jobs despite receiving stimulus: CPD
This is breach of conditions as owners agreed while taking the funds that they won’t lay off workers Star Business Report Star Business Report
Twenty-five per cent of garment factories that received loans from the taxpayer-backed stimulus package retrenched workers in a breach of conditions, according to a study of the Centre for Policy Dialogue (CPD).
The retrenchment indicates that the stimulus package could not guarantee jobs as many factories terminated workers. The factories had agreed that they would not lay off anybody while availing the stimulus fund.
The government has allocated Tk 10,500 crore to the garment industry as the stimulus package to help them pay wages and allowances to their workers since the crisis hit the country in March last year.
The Accord has made âphenomenal changeâ on the ground, inspecting over 1,600 factories, says the BGIWF
In the aftermath of the Bangladesh Rana Plaza tragedy in 2013, two initiatives were set up to oversee the country s clothing factories for fire, electrical and structural issues – the Alliance for Bangladesh Worker Safety and the Bangladesh Accord on Fire and Building Safety. The Alliance s tenure comes to an end next month, and there are serious concerns for garment workers if another agreement is not signed soon.
Under the oversight of the Accord and Alliance, Bangladesh now has one of the safest and most transparent ready-made garment (RMG) industries in the world. But that could now under threat.
The Accord has made âphenomenal changeâ on the ground, inspecting over 1,600 factories, says the BGIWF
In the aftermath of the Bangladesh Rana Plaza tragedy in 2013, two initiatives were set up to oversee the country s clothing factories for fire, electrical and structural issues – the Alliance for Bangladesh Worker Safety and the Bangladesh Accord on Fire and Building Safety. The Alliance s tenure comes to an end next month, and there are serious concerns for garment workers if another agreement is not signed soon.
Under the oversight of the Accord and Alliance, Bangladesh now has one of the safest and most transparent ready-made garment (RMG) industries in the world. But that could now under threat.