Impacts of Covid-19 Pandemic on RMG Sector: A Study of Bangladesh
Rozina Aktar, Sumaiya Siddika, Sumaya Khan Auntu, Md. Mahofuzur Rahman & ATM Adnan
Bangladesh is a lower-middle-income country within South Asia, possessing impressive track records regarding growth and development during the last five decades. In this glorious history of development, the Ready-made Garment (RMG) industries have a good share of contribution. Approximately, 85% of foreign direct investment (FDI) is encouraged by this sector. Due to the drastic spreading of this COVID-19 pandemic in December 2019, the entire world economy had collapsed. Most of the countries had adopted immediate lockdown for survival, as the world had experienced a huge amount of death toll. In this regard, Bangladesh is not an exception. The Bangladesh government decided to lock down all institutional activities like RMG industries, schools, colleges, corporate offices, etc. to deal with this pandemic that is yet to leave the black spots behind in the economic sectors and that will invite difficulties in tackling the post-COVID-19 situation. This paper focuses on examining the existing situation faced by the ready-made garments industries and how it affects the huge number of garment workers. The paper follows the research question- How does the COVID-19 pandemic create a drastic impact on ready-made garment industries in Bangladesh? Furthermore, the paper uses a qualitative research method to build arguments beyond the toxic experiences of the RMG sectors in Bangladesh during this COVID-19 crisis and provides recommendations to overcome those.
Keywords: COVID-19, RMG industry, Potential impacts, Lockdown, Bangladesh economy.
|Title:||Impacts of Covid-19 Pandemic on RMG Sector: A Study of Bangladesh|
|Author:||Rozina Aktar, Sumaiya Siddika, Sumaya Khan Auntu, Md. Mahofuzur Rahman & ATM Adnan|
|Journal Name:||International Journal of Science and Business|
|ISSN:||ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)|
|Media:||Online & Print|
|Date of Publication:||30/10/2021|
|Paper Type:||Research paper|
Cite This Article:
Rozina Aktar, Sumaiya Siddika, Sumaya Khan Auntu, Md. Mahofuzur Rahman & ATM Adnan (2021). Impacts of Covid-19 Pandemic on RMG Sector: A Study of Bangladesh. International Journal of Science and Business, 5(11), 1-11. doi: https://doi.org/ 10.5281/zenodo.5623853
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About Author (s)
Rozina Aktar (corresponding author), Department of Apparel Merchandising and Management, BGMEA University of Fashion & Technology, Bangladesh. Email: firstname.lastname@example.org
Sumaiya Siddika, Department of Economics, Mawlana Bhashani Science & Technology University, Bangladesh.
Sumaya Khan Auntu, Department of International Relations, Bangladesh University of Professionals, Bangladesh.
Md. Mahofuzur Rahman, Department of Business Administration, Port City International University, Bangladesh.
ATM Adnan, Department of Business Administration, BGMEA University of Fashion & Technology, Bangladesh.