Rmg Sector in Bd-Problems

A. Problems, way of solutions & government initiative to solve these problems of Bangladeshi RMG industries This dashing and vibrant export oriented assiduity has been facing penny-pinching 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 crop Industry is already 20 years old expert during the last two decades no planned, fruitful constitution to intend up up a backward linkage framework industry to feed the RMG industry has been taken by the authorities. scour the real textile industries argon not capable of producing eminent streamer fabrics to offset the foreign ones from the market. Shortage of capital requirement 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 de limit of the country; enabling foreign direct enthronization 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 date to time, it has failed to belittle the current rate of interest.

At the same time, our fiscal constitution 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 appointment policy pursued by the country , and the lack of some policy support from t! he government to hold on the countrys falling conflict against its competitors in the international market are other somber weaknesses. Without miscellaneous expenditures no file moves, no UC is cashed, no merchandise raw material released. There are many desirous hands in the public value agencies that the industries have to conform to with ready cash. Without this practice no strain can be done...If you want to get a secure essay, order it on our website: BestEssayCheap.com

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