Rmg Sector in Bd-Problems

A. Problems, way of solutions & government initiative to solve these problems of Bangladeshi RMG industries This mettlesome and vibrant export oriented assiduity has been facing near(a) problems from local forces, which may be termed weaknesses (or the Nations weakness), and some problems caused by forces beyond our geographical/political boundary, which may be termed as threats to our industry. The Readymade clothe Industry is already 20 years old well(p) during the last two decades no planned, fruitful constitution to coiffure up up a backward linkage fabric industry to feed the RMG industry has been taken by the authorities. notwithstanding the real textile industries argon not capable of producing high up streamer fabrics to offset the foreign ones from the market. Shortage of capital indispensable to heighten local sources for quality fabrics/yam is a major(ip) weakness. The background behind the shortage of capital, however, can be attributed to the socioec onomic delimit of the country; enabling foreign direct coronation could however, retaliate for this. Furthermore although the Government has responded to the RMG industrys requests for devaluation of the local currency the Taka from time to time, it has failed to belittle the current rate of interest.

At the same time, our pecuniary insurance measures atomic number 18 not suitable to attract entrepreneurs to invest in the textile industry. Anomalies in the banking sector, problems at the port, vindictive political environment, bureaucratic shackles, electricity crisis, currency limiting policy pursued by the country, and the lack o f some policy support from the government to! hold on the countrys falling engagement against its competitors in the international market are other sedate weaknesses. Without miscellaneous expenditures no file moves, no UC is cashed, no trade raw material released. There are many overeager hands in the public value agencies that the industries have to lodge in with ready cash. Without this practice no strain can be done...If you want to get a secure essay, order it on our website: BestEssayCheap.com

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