Al Amin :
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Rubana Huq suggested wants immediate implementation of safe exit policy to remove crisis in the sector.
While talking to The New Nation on Sunday, she said that they had already proposed formation of a Tk 300 crore emergency fund for ensuring safe exit for the small and medium units which are struggling to improme.
Rubana, the first female president of the BGMEA, said, they are still negotiating with the government to implement the policy in the sector, although they have not yet to got any positive response in this regard from the government side.
“We are still negotiating with the government for implementing the safe exit policy in the sector and a team has been made to make a draft for the policy and after getting assurance from the government we shall submit the draft to the authority concern,” she said.
“Hopefully, with the help of the government, we will be able to enact the policy soon,” she added.
Rubana said, many small and medium factories are in trouble and they are facing even the closure of their units.
“They need immediate help. We need to stand beside them in time of their bad days. We will try to find out the way how to save their factories,” the BGMEA president said.
The safe exit policy means the right to or ability of an industrial unit to withdraw from or, leave an industry or in other words, to close down without any hassle. The policy will also allow employers to shift workers from one unit to another and also retrench excess labour.
The policy was first introduced in India in 1991 when it was felt that without labour market flexibility, efficient industrialisation would be difficult to achieve.
The key consideration in evolving a practical industrial exit policy is the protection of the legitimate interests of workers, both in the public and the private sector. Hence, the government policy has been if a unit can be made economically viable by restructuring it and training or redeploying the labour, no efforts should be spared to do this.
Objectives of making the fund are- to provide assistance to cover the costs of training and redeployment of employees arising as a result of modernisation, technology upgradation and industrial restructuring and to provide funds, where necessary, for compensation of employees affected by restructuring or closure of industrial units, both in the public and private sectors.
Rubana Huq further said, “Many factory owners are struggling to pay workers’ monthly salary. My priority is to help them out.”
The BGMEA president says that she hopes to work with the government, buyers, banks and other institutions concerned to assist the small and medium enterprises to servive.
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Rubana Huq suggested wants immediate implementation of safe exit policy to remove crisis in the sector.
While talking to The New Nation on Sunday, she said that they had already proposed formation of a Tk 300 crore emergency fund for ensuring safe exit for the small and medium units which are struggling to improme.
Rubana, the first female president of the BGMEA, said, they are still negotiating with the government to implement the policy in the sector, although they have not yet to got any positive response in this regard from the government side.
“We are still negotiating with the government for implementing the safe exit policy in the sector and a team has been made to make a draft for the policy and after getting assurance from the government we shall submit the draft to the authority concern,” she said.
“Hopefully, with the help of the government, we will be able to enact the policy soon,” she added.
Rubana said, many small and medium factories are in trouble and they are facing even the closure of their units.
“They need immediate help. We need to stand beside them in time of their bad days. We will try to find out the way how to save their factories,” the BGMEA president said.
The safe exit policy means the right to or ability of an industrial unit to withdraw from or, leave an industry or in other words, to close down without any hassle. The policy will also allow employers to shift workers from one unit to another and also retrench excess labour.
The policy was first introduced in India in 1991 when it was felt that without labour market flexibility, efficient industrialisation would be difficult to achieve.
The key consideration in evolving a practical industrial exit policy is the protection of the legitimate interests of workers, both in the public and the private sector. Hence, the government policy has been if a unit can be made economically viable by restructuring it and training or redeploying the labour, no efforts should be spared to do this.
Objectives of making the fund are- to provide assistance to cover the costs of training and redeployment of employees arising as a result of modernisation, technology upgradation and industrial restructuring and to provide funds, where necessary, for compensation of employees affected by restructuring or closure of industrial units, both in the public and private sectors.
Rubana Huq further said, “Many factory owners are struggling to pay workers’ monthly salary. My priority is to help them out.”
The BGMEA president says that she hopes to work with the government, buyers, banks and other institutions concerned to assist the small and medium enterprises to servive.
