Rmg Sector in Bd-Problems

A. Problems, way of solutions & government initiative to solve these problems of Bangladeshi RMG industries This brisk and vibrant export oriented assiduity has been facing neighboring 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 robe Industry is already 20 years old unspoiled during the last two decades no planned, fruitful constitution to limit up up a backward linkage cloth industry to feed the RMG industry has been taken by the authorities. pull down the real textile industries argon not capable of producing mettlesome streamer fabrics to offset the foreign ones from the market. Shortage of capital incumbent to heighten local sources for quality fabrics/yam is a study weakness. The background behind the shortage of capital, however, can be attributed to the socioeconomic delimi t of the country; enabling foreign direct enthronement 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 cadence to time, it has failed to belittle the current rate of interest.

At the same time, our fiscal polity measures atomic number 18 not fitting 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 of some policy support from the government to ! hold on the countrys falling engagement against its competitors in the international market are other dangerous weaknesses. Without miscellaneous expenditures no file moves, no UC is cashed, no import raw material released. There are many tidal bore hands in the public value agencies that the industries have to modify with ready cash. Without this practice no strain can be done...If you want to get a secure essay, order it on our website: OrderCustomPaper.com

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