The document discusses the contribution of workers to Bangladesh's economy in three key industries:
1) The ready-made garment industry employs over 4.4 million workers and accounts for 81.16% of Bangladesh's total export revenue of $31 billion. Garment workers continued working through COVID lockdowns on foot.
2) Remittances from Bangladeshi workers abroad totaled $1.65 billion in October 2021, with most coming from Middle Eastern countries. Remittances are interconnected with economic development.
3) Bangladesh's agricultural exports, the second largest after garments, include tea, fresh produce, and processed foods exported to regions around the world. Farmworkers contribute to this export industry. However
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in this presentation, i tried to feature contribution of worker in bangladesh economy
The document discusses the contribution of workers to Bangladesh's economy in three key industries:
1) The ready-made garment industry employs over 4.4 million workers and accounts for 81.16% of Bangladesh's total export revenue of $31 billion. Garment workers continued working through COVID lockdowns on foot.
2) Remittances from Bangladeshi workers abroad totaled $1.65 billion in October 2021, with most coming from Middle Eastern countries. Remittances are interconnected with economic development.
3) Bangladesh's agricultural exports, the second largest after garments, include tea, fresh produce, and processed foods exported to regions around the world. Farmworkers contribute to this export industry. However
The document discusses the contribution of workers to Bangladesh's economy in three key industries:
1) The ready-made garment industry employs over 4.4 million workers and accounts for 81.16% of Bangladesh's total export revenue of $31 billion. Garment workers continued working through COVID lockdowns on foot.
2) Remittances from Bangladeshi workers abroad totaled $1.65 billion in October 2021, with most coming from Middle Eastern countries. Remittances are interconnected with economic development.
3) Bangladesh's agricultural exports, the second largest after garments, include tea, fresh produce, and processed foods exported to regions around the world. Farmworkers contribute to this export industry. However
READYMADE GARMENT (RMG) INDUSTRY ▪ RMG industry is now and industry of US$ 31 billion (2020–2021) that accounts for 81.16 per cent of the country’s total export revenue
▪ Around 4.4 million worker have been employed in this
industry READYMADE GARMENT (RMG) INDUSTRY ▪ On covid-19 lockdown which was commenced on July 2020, the garments however was decided to be kept open
▪ Garments worker had to join work by foot because public
transports had been shut off
▪ That helped to fulfill the gap which was around 7 billion
dollars in (2019-2020) from the previous fiscal year (2018- 2019). Year Export of RMG Total Export of % of (in billion) Bangladesh RMG’s to total export 2018-19 34133.27 40535.04 84.21 2019-20 27949.19 33674.09 83.00 2020-21 31456.73 38758.31 81.16 REMITTANCE – BANGLADESHI WORKERS ON ABROAD ▪ As of October 2021, the money sent home by Bangladeshis working abroad amounted to $1.65 billion
▪ Several researches shows that there is an interconnected
relation between economic development and remittance
▪ Maximum remittance come from KSA, UAE, Qatar, Oman,
Bahrain, Kuwait etc. AGRO EXPORT FROM BANGLADESH ▪ Bangladesh’s agro-products emerged as the second- biggest export earner after apparel industry
▪ Agricultural product segments include tea, fresh produce,
tobacco, processed, spices and dry food.
▪ More than 60 companies are exporting foodstuffs like
biscuits, confectionaries, beverages and dry items like puffed rice and chanachur to different South Asian, Middle-Eastern, African, American and European regions ▪ In this way, farmworkers are contributing in Bangladesh economy WORKERS ISSUE
➢ However workers safety measures had been questioned by
different entities many times
➢ On July 9, 2021, at least 52 workers died due to a massive
fire broke out in a juice factory.
➢ Since 2005, Bangladesh has seen at least nine major
industrial fires, including the one at June 9, 2021. Of these fires, at least four involved the improper storage of flammable chemicals. MAPPING MY FUTURE AFTER COMPLETING THIS COURSE
Observation To observe the existing labour laws closely and
relate it to the real world
Learning Issues To learn the issues workers are facing in their
workplace
To establish myself as a labour court practitioner
Associating in labour courts of Bangladesh References:
University of Dhaka Bba Program Department of A&Is Cource Code:4201 Term Paper On "Backward Linkage Position of Readymade Garments Industries of Bangladesh"