Bangladesh Garment Companies and Exporters Affiliation( BGMEA) arranged a push briefing on May 12 to short the media on the over-all situation of the RMG industry forward of Eid-ul-Fitr.

Recently BGMEA President Faruque Hassan thanked all, which includes the RMG business owners, for well timed making payments to the workers. He also extended his many thanks to the govt for having important steps in preventing COVID-19.

All over 99 p.c of the garment factories have paid the wage & bonus and the relaxation will total the payment by these days claimed, Faruque Hassan

He also stated, thanks to pandemic, exports fell by an unparalleled 18% in the final fiscal year to the current monetary calendar year. In the first 10 months, exports declined by a further more 6.62%. The export disaster has arrived at a climax, especially in the woven sector. Latest July-April of the money yr, the export of woven clothes reduced by 16.84%,

He requested to re-extend the financial loan reimbursement time period under an incentive deal for payment of workers’ wage allowance. To deliver the opportunity to shell out by means of 30 installments in 3 years in its place of 18 installments in 2 years. The BGMEA president urged the govt to maintain supply tax at .25% from .50 % for the subsequent 5 decades in the future finances.

BGMEA recently elected Vice President SM Mannan (Kochi), and Vice President Shahidullah Azim , Khandoker Rafiqul Islam Vice President (Finance) Vice President,Nasir Uddin First Vice President, BGMEA,  Syed Nazrul Islam, Vice President, Rakibul Alam Chowdhury Miran Ali

BGMEA Administrators which includes, Abdullah Hil Rakib ,Vidiya Amrit Khan, Imranur Rahman ,Asif Ashraf, Mohiuddin Rubel Rajiv Chowdhury Tanvir Habib Shovon Islam , Chairman Standing Committee, PR ,BGMEA  were current at the push briefing .