Preprint Review Version 1 This version is not peer-reviewed

Readymade Garments Sector and COVID-19 in Bangladesh

Version 1 : Received: 27 June 2020 / Approved: 28 June 2020 / Online: 28 June 2020 (10:07:58 CEST)

How to cite: Shimanta, M.L.R.; Gope, H.; Sumaiya, I.J. Readymade Garments Sector and COVID-19 in Bangladesh. Preprints 2020, 2020060336 (doi: 10.20944/preprints202006.0336.v1). Shimanta, M.L.R.; Gope, H.; Sumaiya, I.J. Readymade Garments Sector and COVID-19 in Bangladesh. Preprints 2020, 2020060336 (doi: 10.20944/preprints202006.0336.v1).

Abstract

The outbreak of Corona Virus effected negatively on the world’s economy which has already touched the maximum sectors. Readymade garments sector has the large contribution in Bangladesh’s economy. For increasing the locked down period, it is hitting badly by stopping production and cancellation of orders with some issues. This paper will represent the brief scenario and impacts of garments sector in recent days and the economy status of Bangladesh for the pandemic. The study is based on secondary data, collected from different authentic journals and web portals etc. Bangladesh’s garments earnings mostly depended on export but on these days, the buyers are cancelling their orders and the factories are being failed to give payments to the worker, some are being shut down also. As the duration of locked down is increasing, there is a huge chance to get unemployed and Bangladesh can be faced an undisciplined condition in near future. BGMEA and BKMEA are taking necessary steps to support the worker. Ensuring health security, the authorities are trying to reopen the factories limitedly to meet up the immediate needs. The government has taken the situation on most priority and introduce some improvement packages to run the economy smoothly and reduce the losses of the country for the pandemic.

Subject Areas

Readymade Garments; Covid-19; Worker; Employment; Economy; Bangladesh

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