A Review of Effects of Covid19 On Bangladesh Apparel Industry

Abstract

The readymade garment (RMG) industry in Bangladesh is facing a grave disaster because of Covid -19, with a fundamental freeze on incipient business and mass expunction of subsisting orders.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have appealed to the purchasers to perpetuate to inductively authorize. Some labor amalgamations have called for factories to be shut down, while several others are negotiating with regime agencies and BGMEA to ascertain that factories stay open and that people have employment and salaries. According to a study published by the Center for Ecumenical Workers ' Rights and Workers' Rights (WRC) of the Penn State University, More than one million garment workers in Bangladesh have already been shot or gloomed as a result of cancelation of orders and the failure of customers to pay for such cancelations. Millions of RMG workers would be economically influenced by the Covid-19 crisis.

In the face of the issues posed by the labor coalescences and the employers of the RMG, on 25 March 2020 the Regime promulgated a BDT 500 million stimulus package, the bulk of which is dedicated to workers' salaries and benefits. The majorities of these workers are female, emanating from poor socio-economic backgrounds, and mostly employed at low wages in textile factories, primarily manufacturing low-priced textile. However, it is concretely critical that the impotent, marginalized staff have a fair portion of the fortification package. Our research can provide valuable insights into why this is occurring and the role of sundry stakeholders in the negotiating process.