Bangladesh Textile Journal

Bangladesh Textile Journal Bangladesh Textile Journal (BTJ) is the pioneer textile magazine from Bangladesh since 2007

The interim government has appointed an administrator to the Federation of Bangladesh Chambers of Commerce and Industry ...
12/09/2024

The interim government has appointed an administrator to the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) following the resignation of its president, Mahbubul Alam. Alam stepped down on September 9th amid pressure from business groups calling for the dissolution of the board after last month's political upheaval, which saw the Awami League government ousted on August 5th. Although Alam cited health issues in his resignation, sources close to him indicated that pressure from business circles also contributed to his decision.

Ministry of Commerce appointed Md Hafizur Rahman, a member of the Bangladesh Competition Commission, as the administrator. His task is to organize a fair election within 120 days and hand over responsibilities to the newly elected board.

Additionally, government had appointed administrators to the e-Commerce Association of Bangladesh (e-CAB) and the Chittagong Chamber of Commerce and Industry (CCCI) after leadership resignations in both organizations. Md Sayed Ali, deputy secretary of the central digital cell, was appointed to oversee e-CAB's transition, while an administrator was also put in place for CCCI following similar resignations from its leadership. Both administrators are tasked with organizing elections within 120 days.

The interim government has appointed an administrator to the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) following the resignation

A total of 219 garment factories in the Ashulia Industrial area were shut down due to ongoing labor unrest. Of these, 86...
12/09/2024

A total of 219 garment factories in the Ashulia Industrial area were shut down due to ongoing labor unrest. Of these, 86 factories were closed indefinitely under Section 13 (1) of the Labour Act, while the remaining 133 declared a general holiday.

Md Sarwar Alam, superintendent of Ashulia Industrial Police-1, confirmed the closures. He noted that some factories remained closed due to the unrest, with production halted as workers did not return after their demands were unmet.

No reports of attacks, vandalism, or road blockades were recorded today. While some workers entered factories in the morning, they later left without starting working.

To prevent any untoward incidents, additional police, army, Rapid Action Battalion, and Border Guard Bangladesh personnel were deployed around the factories, continuing their patrols in the area.

A total of 219 garment factories in the Ashulia Industrial area were shut down due to ongoing labor unrest. Of these, 86 factories were closed

The interim government of Bangladesh has decided to review the minimum wage for workers through the minimum wage board, ...
12/09/2024

The interim government of Bangladesh has decided to review the minimum wage for workers through the minimum wage board, following recent labor unrest. Despite the current minimum wage being implemented in December 2022, rising inflation and essential goods prices have prompted the government to consider an update. AHM Shafiquzzaman, Secretary of the Ministry of Labour and Employment, announced that tripartite consultation meetings involving the government, factory owners, and labor unions will be held to address the issue.

In addition to wage revisions, the government aims to ensure timely payment of arrears to workers and improve communication between workers and officials. The labor ministry also plans to update and reform the tripartite committee, activate labor-related complaint committees, and promptly address unrest based on daily monitoring.

The interim government of Bangladesh has decided to review the minimum wage for workers through the minimum wage board, following recent labor unrest.

Bangladesh Garment Manufacturers and Exporters Association - BGMEA has expressed support for enforcing the "no work, no ...
12/09/2024

Bangladesh Garment Manufacturers and Exporters Association - BGMEA has expressed support for enforcing the "no work, no pay" policy, under Section 13(1) of the Bangladesh Labor Act, 2006, amidst ongoing workers' unrest. This clause allows factory owners to partially or fully close a branch during an "illegal" strike, with striking workers not receiving wages.

Despite recent negotiations where factory owners agreed to provide an additional Tk 225 attendance bonus and Tk 10 for tiffin, unrest persists. BGMEA Senior Vice President Abdulla Hil Rakib mentioned that local political groups have influenced the situation, leading to continued disruptions.

Rakib highlighted that although manufacturers aimed to resolve the issue through dialogue and by keeping factories open, unrest continued, and prompting factory owners to consider enforcing Section 13(1). As of now, 54 factories in Savar and Ashulia have been closed indefinitely, and 60 others have declared a general holiday.

BGMEA hopes that applying this policy will encourage negotiations between workers and factory owners. A discussion between BGMEA and local political leaders has also taken place.

Bangladesh Garment Manufacturers and Exporters Association - BGMEA has expressed support for enforcing the "no work, no pay" policy, under Section 13(1)

Garment workers in Ashulia will now receive an additional Tk225 per month as an attendance bonus, following a meeting on...
11/09/2024

Garment workers in Ashulia will now receive an additional Tk225 per month as an attendance bonus, following a meeting on 9th September involving representatives from law enforcement, labor leaders, and factory owners. BGMEA Director Ashikur Rahman confirmed the decision, stating the bonus aims to encourage regular attendance.

Rahman also announced that workers will receive an additional Tk 10 as a tiffin allowance, a supplement to the varying amounts already provided by factory owners.

Key outcomes of the meeting included keeping factories open on 10 September and hiring workers based on skill levels, with labor leaders advocating for more male workers in factories.

Garment workers in Ashulia will now receive an additional Tk225 per month as an attendance bonus, following a meeting on 9th September involving

Carhartt, Inc. has appointed Norma Delaney as its new Vice President of Brand Marketing and Creative. With over 20 years...
11/09/2024

Carhartt, Inc. has appointed Norma Delaney as its new Vice President of Brand Marketing and Creative. With over 20 years of global marketing experience in footwear and apparel, Delaney will oversee the development of Carhartt’s marketing strategy and play a key role in rebranding and boosting brand recognition. Reporting to Chief Brand Officer Susan Hennike, Delaney will manage media planning, digital marketing, public relations, and brand management to drive growth and customer acquisition. Delaney previously held leadership roles at johnnie-O, Hoka Footwear, New Balance, Adidas, Sperry, and Keds.

Carhartt, Inc. has appointed Norma Delaney as its new Vice President of Brand Marketing and Creative. With over 20 years of global marketing experience in

China-based Home Joy Socks Bangladesh Company Limited has signed an agreement with the Bangladesh Export Processing Zone...
11/09/2024

China-based Home Joy Socks Bangladesh Company Limited has signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to establish a sock and garment manufacturing factory in BEPZA Economic Zone, Mirsarai, Chattogram. The company will invest $50 million to produce 100 million pairs of socks, 100 million pairs of tights, 100 million lingerie items, and 50 million pieces of infant knitwear annually. This investment will create 4,980 jobs for Bangladeshi workers.

BEPZA's executive chairman, Maj Gen Abul Kalam Mohammad Ziaur Rahman, praised the investment, emphasizing its positive impact on Bangladesh's socioeconomic development. To date, 33 companies have committed a total of $768.46 million to Bepza Economic Zone, with three already operational.

China-based Home Joy Socks Bangladesh Company Limited has signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to establish a

Apple unveiled the iPhone 16, designed for generative artificial intelligence, as part of its strategy to boost sales an...
11/09/2024

Apple unveiled the iPhone 16, designed for generative artificial intelligence, as part of its strategy to boost sales and stay competitive in the tech race. The new "Apple Intelligence" suite, introduced earlier in June, brings AI-enhanced features such as image editing, translation, and creative messaging tools. Initially, these features will be available in English as a software download on the iPhone 16 and other premium models, with additional languages to follow.

CEO Tim Cook expressed enthusiasm, stating that the AI capabilities will offer a transformative user experience. These features are comparable to recent tools from Meta, Microsoft, and Google, which use AI to create content via natural language queries.

Apple unveiled the iPhone 16, designed for generative artificial intelligence, as part of its strategy to boost sales and stay competitive in the tech

World Bank is expected to provide budget support to Bangladesh's power and energy sector by December 2024, according to ...
11/09/2024

World Bank is expected to provide budget support to Bangladesh's power and energy sector by December 2024, according to discussions held between the World Bank's Bangladesh Country Director Gayle Martin and Power and Energy Adviser Muhammad Fouzul Kabir on 10th September.

Martin expressed optimism about delivering the support following a request from the adviser during their meeting. The World Bank has also held discussions with Bangladesh Bank and the finance adviser regarding this aid. Martin emphasized the institution's commitment to working closely with the interim government.

World Bank is expected to provide budget support to Bangladesh's power and energy sector by December 2024, according to discussions held between the World

Pakistan's cotton arrivals for the 2024-25 season have sharply declined to 1.225 million bales, marking a 59.69% drop fr...
10/09/2024

Pakistan's cotton arrivals for the 2024-25 season have sharply declined to 1.225 million bales, marking a 59.69% drop from the previous year. This decline is attributed to reduced sowing areas, drought conditions, and pest infestations.

While the country saw a 70.94% increase in total cotton production in 2023-24 compared to 2022-23, production has now fallen again due to these challenges.

Pakistan's cotton arrivals for the 2024-25 season have sharply declined to 1.225 million bales, marking a 59.69% drop from the previous year. This decline

JIAM 2024, set for 27-30 November 2024 at INTEX Osaka, will showcase global innovations in sewing, cutting machinery, te...
10/09/2024

JIAM 2024, set for 27-30 November 2024 at INTEX Osaka, will showcase global innovations in sewing, cutting machinery, textile technologies, and automation. Expanding into non-apparel sectors, the event features 149 exhibitors from 10 countries, with a focus on industries like aerospace, automation, and aviation. Organized by the Japan Sewing Machinery Manufacturers Association (JASMA), the 13th edition highlights the latest advancements in IoT, AI-driven systems, and robotic technologies.

Visitors can attend workshops, explore new technologies, and experience special exhibits, including a Home Sewing Zone and a symposium. The exhibition has seen a significant increase in international participation, reflecting the growing demand for advanced textile solutions across industries. An opening ceremony will kick off the event, featuring keynote addresses from industry leaders.

JIAM 2024, set for 27-30 November 2024 at INTEX Osaka, will showcase global innovations in sewing, cutting machinery, textile technologies, and

Bangladesh aims to increase its merchandise and service exports by 12.74% year-on-year to $57.5 billion in the fiscal ye...
09/09/2024

Bangladesh aims to increase its merchandise and service exports by 12.74% year-on-year to $57.5 billion in the fiscal year 2024-25, according to Finance and Commerce Adviser Salehuddin Ahmed. Merchandise exports are projected to grow by 12.35% to $50 billion, while service exports are expected to rise by 15.38% to $7.5 billion. The target considers ongoing challenges such as labor unrest, flooding, and international crises.

Officials believe the target is achievable with improved logistics, energy supply, and political stability. Khandoker Rafiqul Islam, president of the Bangladesh Garment Manufacturers and Exporters Association, emphasized the need for smooth operations in ports and transportation. M A Razzaque, chairman of the Research and Policy Integration for Development, called the target realistic given last year's low export growth. The government plans to address export barriers and diversify the export basket while ensuring accurate reporting of export data. Discussions are ongoing regarding restoring the Generalized System of Preferences (GSP) with the U.S.

Bangladesh aims to increase its merchandise and service exports by 12.74% year-on-year to $57.5 billion in the fiscal year 2024-25, according to Finance

Protests have spread to Narayanganj, Savar, and Ashulia, severely impacting industries, particularly garment factories. ...
09/09/2024

Protests have spread to Narayanganj, Savar, and Ashulia, severely impacting industries, particularly garment factories. Over 100 factories were vandalized or burned, leading to nearly 200 closures. The Metropolitan Chamber of Commerce and Industry (MCCI) urged the government to address the unrest and improve factory security.

Despite a slight rise in the Purchasing Managers' Index (PMI) in August—agriculture up by 3.3 points, manufacturing by 13.6 points, and services by 6.2 points—the economy remains in contraction due to ongoing labor unrest and floods. MCCI estimates that nearly three weeks of protests have caused losses of around Tk 5,000 crore. Factory closures continue, with 30 more shutting down amid continued protests.

Protests have spread to Narayanganj, Savar, and Ashulia, severely impacting industries, particularly garment factories. Over 100 factories were vandalized

Commerce and Finance Adviser Salehuddin Ahmed announced that the government aims to increase export earnings by 12.4% in...
09/09/2024

Commerce and Finance Adviser Salehuddin Ahmed announced that the government aims to increase export earnings by 12.4% in the current fiscal year (FY25). He expressed confidence that export earnings would surpass those of the previous fiscal year due to improved conditions.

Salehuddin Ahmed shared these insights during a press briefing following the 59th Board of Directors meeting of the Bangladesh Foreign Trade Institute and the 146th meeting of the Export Promotion Bureau (EPB) at the Commerce Ministry on 8th Sep.

In response to a question, he also expressed optimism about the possibility of6 regaining the Generalized System of Preferences (GSP) facility from the United States.

Commerce and Finance Adviser Salehuddin Ahmed announced that the government aims to increase export earnings by 12.4% in the current fiscal year (FY25).

Security has been intensified in Gazipur as industries, including garment factories, have reopened. Workers and official...
08/09/2024

Security has been intensified in Gazipur as industries, including garment factories, have reopened. Workers and officials returned to work on Saturday, with industrial police and army patrols ensuring order. Factories had previously closed due to worker unrest, protests, and vandalism, but following assurances from the Bangladesh Garment Manufacturers and Exporters Association and the government, operations resumed.

Workers reported that outsiders were causing disruptions, and they expressed a desire for a peaceful work environment. Factory owners urged strict measures from law enforcement to prevent further unrest. Around 900 industrial police officers were deployed, and the army continues patrolling key factory areas.

Security has been intensified in Gazipur as industries, including garment factories, have reopened. Workers and officials returned to work on Saturday,

Amazon Inc. aims to help Indian exporters sell around $5 billion worth of small-ticket items globally through its platfo...
08/09/2024

Amazon Inc. aims to help Indian exporters sell around $5 billion worth of small-ticket items globally through its platform this year, up from nearly $3 billion in 2023, according to a company official.

Launched in 2015, the Amazon Global Selling program is expected to enable nearly 150,000 small exporters across India to sell their products directly to international consumers, primarily in markets like the U.S. and the U.K. Amazon is set to help tens of thousands of Indian businesses exceed $13 billion in cumulative e-commerce exports by the end of 2024, according to a company statement.

This move highlights India's increasing significance in the global supply chain and reflects a trend among multinationals to diversify away from China. Walmart Inc also announced in 2020 plans to increase its sourcing from India to $10 billion annually by 2027, up from about $3 billion.

Both Amazon and Walmart’s Flipkart have transformed India’s retail industry in recent years by investing billions in sourcing from small businesses and attracting consumers with deep discounts. However, they face criticism from trade and political groups, with India’s commerce minister accusing e-commerce giants of predatory pricing and stressing that the rise of online platforms should not harm traditional brick-and-mortar stores.

In June 2023, Amazon announced plans to increase its investments in India to $26 billion by 2030, including funds for its cloud services. Amazon aims to facilitate $20 billion in cumulative e-commerce exports from India by 2025.

Amazon Inc. aims to help Indian exporters sell around $5 billion worth of small-ticket items globally through its platform this year, up from nearly $3

Bangladesh government has requested $6 billion in budget support from international lenders, including the World Bank, A...
07/09/2024

Bangladesh government has requested $6 billion in budget support from international lenders, including the World Bank, Asian Development Bank (ADB), Japan International Cooperation Agency (JICA), and the International Monetary Fund (IMF). The funds are needed to pay import bills for essential products like electricity, fuel, and fertilizers, and to stabilize the country's foreign exchange reserves. Bangladesh is seeking $1 billion each from the World Bank, ADB, and JICA, and an additional $3 billion from the IMF.

Formal negotiations are expected to start soon, with the loans anticipated by December. The government aims to use $2 billion from the World Bank and ADB loans to settle overdue payments for electricity, gas, and fuel oil imports.

Bangladesh government has requested $6 billion in budget support from international lenders, including the World Bank, Asian Development Bank (ADB), Japan

Bangladesh Bank (BB) has eased the import process for raw materials and capital machinery to boost business and ensure t...
07/09/2024

Bangladesh Bank (BB) has eased the import process for raw materials and capital machinery to boost business and ensure the availability of essential goods in the local market. The decision follows improvements in the country's foreign exchange reserves.

According to a new BB circular, banks can now determine the margin level for opening letters of credit (LCs) based on their relationships with clients. However, importers of luxury goods and import substitutes must still pay 100% upfront for LCs.

Previously, in 2022, BB required businesses to pay full or 75% advance payments for non-essential and luxury items, such as cars, electronics, and certain food products, to stabilize forex reserves. The central bank has since relaxed some of these rules to support cottage, micro, small, and medium enterprises, aiming to foster industrial growth and job creation.

Bangladesh Bank (BB) has eased the import process for raw materials and capital machinery to boost business and ensure the availability of essential goods

After a four-day closure, apparel production resumed yesterday morning in the Ashulia and Gazipur industrial belts under...
07/09/2024

After a four-day closure, apparel production resumed yesterday morning in the Ashulia and Gazipur industrial belts under tight security. However, operations in Ashulia were halted by afternoon as violence erupted, resulting in at least 37 injuries, including workers, police, and pedestrians.

Despite security presence, unidentified miscreants attacked around 100 factories in Ashulia, causing thousands of workers to flee. In a separate development, pharmaceutical manufacturers reached an agreement with agitating workers, announcing plans to resume production soon.

BGMEA President Khandoker Rafiqul Islam expressed disappointment that production could not continue due to the violence, despite efforts by security forces including the Army, Police, RAB, and BGB. Injured individuals were treated at the Ashulia Women and Children Hospital.

Workers reported being attacked by armed individuals while some tried to protect their factories. The unrest escalated as workers blocked the Nabinagar-Chandra highway, prompting the army and police to intervene. Seven policemen were injured during the clashes.

After a four-day closure, apparel production resumed yesterday morning in the Ashulia and Gazipur industrial belts under tight security. However,

World Bank has urged India to focus on labor-intensive exports to boost employment, particularly in sectors like textile...
05/09/2024

World Bank has urged India to focus on labor-intensive exports to boost employment, particularly in sectors like textiles and footwear. WB noted that India missed opportunities in labor-intensive manufacturing following China's exit, allowing countries like Bangladesh and Vietnam to gain market share in areas like apparel and leather. India's share of global apparel exports declined from 4% in 2018 to 3% in 2022.

While India has seen growth in high-tech exports like mobile phones, it has struggled with job creation and inclusive growth. The urban unemployment rate remains high at 17%. To improve, the World Bank suggested India target less advanced markets like Africa and Latin America, reduce import tariffs, and integrate into global value chains.

World Bank raised its economic growth forecast for India to 7%, up from 6.6%, largely due to government infrastructure spending. India’s total exports in fiscal 2023/24 surpassed $776 billion, while imports reached nearly $855 billion.

World Bank has urged India to focus on labor-intensive exports to boost employment, particularly in sectors like textiles and footwear. WB noted that

Chattogram Port Authority has extended the deadline for loading containers with ready-made garment (RMG) exports by 24 h...
05/09/2024

Chattogram Port Authority has extended the deadline for loading containers with ready-made garment (RMG) exports by 24 hours, effective from September 2024 to February 2025. Exporters can now bring garments to the port yard 24 hours before ship departure, instead of the previous 48-hour requirement. This extension was granted following a request from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to help exporters meet tighter deadlines as foreign buyers have reduced lead times from 120 to 60 days.

Without this change, up to 30% of shipments could be delayed, leading to financial losses. BGMEA Vice President Rakibul Alam Chowdhury noted that delays in transporting containers to the port often cause missed shipments. The new rule allows containers for day tides to be delivered by 7:30 am the next day, and by 8:00 pm for night tides, providing more flexibility for exporters.

Chattogram Port Authority has extended the deadline for loading containers with ready-made garment (RMG) exports by 24 hours, effective from September

Leaders of Bangladesh's ready-made garment industry have urged the interim government to take decisive action following ...
05/09/2024

Leaders of Bangladesh's ready-made garment industry have urged the interim government to take decisive action following unrest led by "outsiders," which forced the closure of 167 factories in the Ashulia, Savar, and Gazipur areas. In a meeting at the BGMEA Uttara office, industry leaders clarified that workers from the closed factories were not involved in the protests and thanked law enforcement agencies, including the Army and Police, for addressing the unrest.

BGMEA leaders called for stricter security measures and asked Chief Adviser Dr. Muhammad Yunus to issue directives ensuring factory safety. Three individuals were arrested for vandalism in Ashulia. BGMEA President Khandoker Rafiqul Islam noted that external groups are primarily responsible for the disruptions, while Senior Vice President Abdullah Hil Rakib warned that the unrest affects not just the apparel sector but also industries like pharmaceuticals. The BGMEA has sought the government's intervention to safeguard the industry and economy.

Leaders of Bangladesh's ready-made garment industry have urged the interim government to take decisive action following unrest led by "outsiders," which

Brigadier General (Rtd) Sakhawat Hossain, Adviser for the Ministry of Textiles and Jute, invited Pakistani investment in...
04/09/2024

Brigadier General (Rtd) Sakhawat Hossain, Adviser for the Ministry of Textiles and Jute, invited Pakistani investment in Bangladesh's textile and jute sectors, specifically in closed state-owned mills. During a meeting with Pakistan's High Commissioner Syed Ahmed Maroof, the Pakistani envoy expressed interest in investing in Bangladesh's jute and textile mills. He also invited Bangladesh to participate in Pakistan's Textile Expo in October.

Textile and Jute Secretary M Abdur Rauf emphasized enhancing commercial ties, suggesting that Pakistan could import over 200 diversified jute products from Bangladesh. Additionally, the Pakistani high commissioner proposed launching direct shipping transport between the two countries to strengthen eco-social relations, suggesting collaboration between the Bangladesh Shipping Corporation and Pakistan Shipping Corporation.

Photo Courtesy by : Newage

Brigadier General (Rtd) Sakhawat Hossain, Adviser for the Ministry of Textiles and Jute, invited Pakistani investment in Bangladesh's textile and jute

Chief Adviser Prof. Muhammad Yunus assured business leaders of full support to elevate Bangladesh's industrial growth. "...
04/09/2024

Chief Adviser Prof. Muhammad Yunus assured business leaders of full support to elevate Bangladesh's industrial growth. "Our foremost responsibility is to protect the industries," he stated, emphasizing the government’s commitment to advancing the sector.

During a courtesy call at the State Guest House Jamuna, a business delegation led by International Chamber of Commerce, Bangladesh (ICCB) President Mahbubur Rahman, discussed key concerns with the chief adviser. Yunus highlighted that the recent student-led revolution has sparked new hope in the country, and the Interim Government is dedicated to implementing critical reforms in industry, finance, and manufacturing.

Business leaders voiced concerns over recent unrest in the garment and pharmaceutical sectors, suspecting the involvement of external instigators. They urged enhanced security in industrial zones, warning that the country’s image could suffer without proper safety measures.

Prof. Yunus reassured them of the government’s commitment to safeguarding factories from violence and called on industry leaders to pursue labor reforms to attract more orders from global brands. He noted that updating labor laws to meet ILO standards presents a significant opportunity for the country. Prof. Yunus also mentioned his discussions with global CEOs, who expressed strong interest in investing in Bangladesh and increasing their orders from local manufacturers.

Attendees included Tapan Chowdhury, managing director of Square Pharmaceuticals; AK Azad, former FBCCI president; Mir Nasir Hossain, another former FBCCI president; Khondker Rafiqul Islam, president of BGMEA; and Naser Ezaz Bijoy, managing director of Standard Chartered Bangladesh.

Chief Adviser Prof. Muhammad Yunus assured business leaders of full support to elevate Bangladesh's industrial growth. "Our foremost responsibility is to

Workers at Sanzi Textile Mills Limited, part of the Well Group in Chattogram's Kalurghat BSCIC industrial area, resumed ...
04/09/2024

Workers at Sanzi Textile Mills Limited, part of the Well Group in Chattogram's Kalurghat BSCIC industrial area, resumed work on September 3 after the factory owners promised to pay two months' overdue wages within the current month. The workers had staged a demonstration on September 2, demanding their July and August wages.

The protest ended when the owners, in the presence of police and Bangladesh Garment Manufacturers and Exporters Association (BGMEA) representatives, assured them of payment. July's wages are to be paid by September 10, and August's by September 25. The factory employs around 1,350-1,400 workers. BGMEA Vice President Rakibul Alam Chowdhury confirmed that the workers have returned to work and expressed hope for a swift resolution to the situation, noting that government incentives have also been announced.

Workers at Sanzi Textile Mills Limited, part of the Well Group in Chattogram's Kalurghat BSCIC industrial area, resumed work on September 3 after the

The White Paper Preparation Committee, chaired by Dr. Debapriya Bhattacharya, is set to investigate irregularities and c...
04/09/2024

The White Paper Preparation Committee, chaired by Dr. Debapriya Bhattacharya, is set to investigate irregularities and corruption in the energy and power sector during the tenure of the previous government. Dr. Debapriya, a distinguished fellow at the Centre for Policy Dialogue (CPD), mentioned that the committee might also review agreements with foreign companies if needed.

After the committee's second meeting, Dr. Debapriya stated that the paper will cover several areas, including the macro economy, energy sector, health, education, banking, tax administration, capital flight, mega projects, poverty, inequality, and regional disparity.

Committee members have been assigned specific areas to focus on, and discussions with experts, researchers, and professors both within and outside Bangladesh will be held to gather insights. Information will be critically verified and compared with global best practices to ensure high standards. The preliminary work is expected to be completed within two months before the final white paper is prepared.

The White Paper Preparation Committee, chaired by Dr. Debapriya Bhattacharya, is set to investigate irregularities and corruption in the energy and power

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