Socio-Business Consideration of Garment Workers in Bangladesh: A Statistical Review

Abstract

RMG sector is the most influential economic contributory sector in Bangladesh. Fifty percent and more revenue in GDP approximately are generated from this sector. Therefore, it is very much important to analyze the socio-business consideration of garment sector in Bangladesh. So far, since 80’s garment industries had been booming in Bangladesh. These types of industries face challenges and take the advantage over different opportunities throughout more than three decades. Here, this paper suggested that the socio-economic as well as the business-statistical review of the garment industries in Bangladesh by providing some field research. This paper attempted to provide an overview of the industry in monitoring, standard of living, mix assessment and compliance (which is provided by foreign buyers) aspects.