Garment workers in Bangladesh have suffered greatly as a result of the pandemic’s economic disruptions, losing over $12 billion in earnings, according to a study.
Manufacturers of garments, textiles, terry towels, and garment accessories have written to the government, claiming that if factories are forced to close for whatever reason, they will lose around $119 million per day in garment exports alone.
The employees claim that if facilities remain closed, they would lose “many work orders” as well as billions of cash.
Bangladesh textile workers are requesting that the government shorten the lockdown time in order to keep production going and losses to a minimum. Bangladesh’s garment exports allegedly grew by 12.55 percent in fiscal year 2020-21, which ended June 30, compared to the previous year’s figures, while the nation fell short of its export target by 6.89 percent.
The coronavirus epidemic has brought Bangladesh’s economy to a standstill. Lost shipments and payments are generating issues as the economy suffers as a result of the epidemic. Many manufacturers had little options for recovering unpaid wages since garment contracts were largely favourable to importers. Manufacturers suffered higher losses since they had to invest their own money and received nothing in return.
Manali bhanushali
Author: Manali bhanushali

Manali Bhanushali