Post on 15-Jul-2015
JUTE (THE GOLDEN FIBER)
• 2nd largest jute producer in the world. (1.08 m ton/year)
• Still has demand in the international market for higher quality fibers.
• Total earning is US$611 million/year.
RAJSHAHI SILK• Finest mulberry & tassar silk products.
• A number of silk industries & silk research centre.
• Approximately 10,00000 people are directly or indirectly employed in this sector.
TEXTILE SECTOR• First it was a part of ISI.
• First gvt. Organisation for controlling this sector was BTMC.
TEXTILE SECTOR AT PRESENT
• 80% of total export.
• 2nd largest exporter. (report 2011)
• Exports US$21.515 billion during 2012-13 session.
• Nearly 3.5 million people are involved.
• Minimum wage US$ 68.
BGMEA
• Works to promote & protect the interest of the textile industry.
• Recognizes fundamental rights of the workers.
RMG sector(The golden goose)
• Experienced exponential growth since 1980’s.
• More than 73% of total textile export.
• 13% of GDP.
TRADE & BUSINESS
• 81% of export earning.
• Contributes over 13% of GDP.
• Also helps supporting industries. (shipping, transport, banking, insurance.)
EMPLOYMENT• Directly around 60 lakhs.
• 150 lakhs in supporting industries.
• 2lakhs in waste recycling industry.
Type of mill Number of Employees
Spinning 4,00000
Weaving 80,000
Knitting 60,000
Power loom 43,000
Handloom 10,00000
Dyeing/Finishing 33000
RMG 36,00000
From owner’s perspective
• Corruption.
• Political instability.
• Unskilled worker.
• Gas & energy crisis.
• Higher bank rate.
• Growing competition.
From worker’s perspective
• Low wage scale
• Lack of life safety
• Lack of security
• Unskilled management
• Profit hungry owners