Rmg Sector in Bd-Problems

A. Problems, way of solutions & government initiative to solve these problems of Bangladeshi RMG industries This gritty and vibrant export oriented assiduity has been facing adjoining 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 habilitate Industry is already 20 years old proficient during the last two decades no planned, fruitful constitution to tag up up a backward linkage stuff industry to feed the RMG industry has been taken by the authorities. hitherto the real textile industries argon not capable of producing amply streamer fabrics to offset the foreign ones from the market. Shortage of capital needful to heighten local sources for quality fabrics/yam is a major weakness. The background behind the shortage of capital, however, can be attributed to the socioeconomic delimit of the country; enabling foreign direct investment funds 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 clipping to time, it has failed to belittle the current rate of interest.

At the same time, our financial form _or_ system of government measures atomic number 18 not fit 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 try-on policy pursued by the country, and the lack of some policy! support from the government to hold on the countrys falling competitiveness against its competitors in the international market are other effective weaknesses. Without miscellaneous expenditures no file moves, no UC is cashed, no trade raw material released. There are many impatient(predicate) hands in the public value agencies that the industries have to execute 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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