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In Bangladesh Garment exports began in the late 1970s. But the scale was for a number of years modest up until the government’s 1982 New Industrial Policy to liberalize manufacturing, promote private participation, foreign investment and exports. During the last 10 years RMG has become one of the most important sectors of Bangladesh both from the domestic perspective and foreign earnings. Now RMG contributes about 76% of the foreign exports. Again it is also mentionable that about 80% of the workers in the RMG sector are female. Thus it is not contributing in earnings foreign currencies but also create employment opportunities for the women, which in turn contribute in the socio-economic development of Bangladesh...
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