Rmg Sector in Bd-Problems

A. Problems, way of solutions & government initiative to solve these problems of Bangladeshi RMG industries This awake(p) and vibrant export oriented assiduity has been facing closely 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 clothes Industry is already 20 years old yet during the last two decades no planned, fruitful constitution to mess up up a backward linkage cloth industry to feed the RMG industry has been taken by the authorities. flush the real textile industries argon not capable of producing noble streamer fabrics to offset the foreign ones from the market. Shortage of capital prerequisite 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 socioeconomic delimit of the country; enabling foreign direct investiture 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 condemnation to time, it has failed to belittle the current rate of interest.

At the same time, our financial indemnity measures atomic number 18 not satisfactory 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 qualifying policy pursued by the count ry, and the lack of some policy support from! the government to hold on the countrys falling conflict against its competitors in the international market are other adept weaknesses. Without miscellaneous expenditures no file moves, no UC is cashed, no trade raw material released. There are many hot hands in the public value agencies that the industries have to meet 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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