BGMEA DAILY DIGEST
News published in media related to RMG: Today’s RMG News

June 06, 2021

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The Financial Express

Budget Reactions: BGMEA urges govt to review some proposals

Hailing the proposed budget for the upcoming fiscal year 2021-22, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the government to review some of its proposals including 10 per cent cash incentive for non-cotton-based garment exports. The apparel apex body also demanded continuation of existing 0.5 per cent source tax for the next five years. BGMEA, however, said the proposed budget didn't reflect some of the measures, it requested earlier, for the turnaround of the garment industry and creation of employments. "Bangladesh has a huge opportunity for grabbing the global market of non-cotton based readymade garment (RMG) exports as the demands for such items have been increasing over the years," BGMEA president Faruque Hassan said while addressing a post-budget press conference held at its headquarters at Uttara in the city on Saturday.
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দেশ রুপান্তর
বাজেট চ্যালেঞ্জিং তবে অবাস্তব নয় : বিজিএমইএ  ২০২১-২২ অর্থবছরের প্রস্তাবিত বাজেট চ্যালেঞ্জিং, তবে অবাস্তব নয় বলে মনে করছে পোশাক কারখানার মালিকদের শীর্ষ সংগঠন বিজিএমইএ। এই বাজেটকে ব্যবসাবান্ধব বললেও সংগঠনটির নেতারা বলছেন, তারা নতুন যেসব দাবি পেশ করেছিলেন, সেগুলোর বাস্তবায়ন হয়নি। পোশাকশিল্পের বিকাশ, রপ্তানি প্রবৃদ্ধি ধরে রাখা ও নতুন কর্মসংস্থান সৃষ্টিতে ম্যান মেইড ফাইবার বা কৃত্রিম সুতার বিকল্প নেই। ফলে এ খাতে ১০ শতাংশ প্রণোদনা দাবি করেছেন বিজিএমইএর নেতারা। গতকাল শনিবার রাজধানীর উত্তরার বিজিএমইএ কার্যালয়ে ২০২১-২২ অর্থবছরের প্রস্তাবিত বাজেট বিষয়ে সংবাদ সম্মেলনে এ দাবি জানানো হয়। বিজিএমইএর সভাপতি ফারুক হাসান লিখিত বক্তব্য পাঠ করেন।

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The New Age
Some key demands not addressed: BGMEA The Bangladesh Garment Manufacturers and Exporters Association on Saturday said that some of the proposals of the trade body related to reverberation of the readymade garment sector and generation of employment were not addressed in the proposed budget for the financial year 2021-22. The BGMEA at a post-budget preconference held at the headquarters of the trade body at Uttara in the capital urged the government to reconsider the demand for 10 per cent cash incentive against export of non-cotton garments for the rebounding of the sector and to create new employment.

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The Financial Express
Budget Reactions: FBCCI seeks stimulus for small businesses The country's apex trade promoter FBCCI has sought fresh stimulus for small businesses as, it believes, they are worst-affected by the coronavirus pandemic.The government earlier announced a package for the CMSMEs amounting to Tk 200 billion, but over 72 per cent of the package has so far been disbursed. The FBCCI said this at a post-budget press briefing held at its Motijheel office on Saturday. "I urge the government to announce another package for micro-cottage and SMEs as they have been hit hard by the pandemic," said FBCCI president Md Jashim Uddin. The trade advocacy group also urged the government to withdraw advance income tax or AIT as it makes doing business expensive.

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