Foreign Policy Blogs

Garment Factory Workers to Receive Tk 3000 Minimum Wage

Garment factory workers have been demonstrating and engaging in violent street protests to call for a 5000 taka monthly minimum wage. The government has come to meet them more than half way. It is offering a 3000 taka monthly wage that will be announced later on Thursday afternoon.

The Daily Star reports that the Labor and Employment Minister claimed the following at his Secretariat:
“Minimum wage for RMG workers won’t be less than Tk 3000. We’ll formally announce the new wage structure at 5:00pm on July 29,”

Though its not the whole pie, it’s a larger, more sizable portion that they been used to getting. At least that improvement offers something to celebrate.

The current minimum wage is set at Tk 1200, and during an interim period it will rise to  Tk 2,500 before topping out at Tk 3000. The Prime Minister has sworn that the new minimum wage will be complemented by  a set of allowances that will include travel expenses.

This set of moves though in the works previous to the recent civil strife, has been expedited because of the factory workers street protests.  The garments manufacturing industry has come to a rubber burning halt.  The new government mandated minimum wage is designed to put these protests to rest.

Nevertheless, factory owners have gone on the record to say that many of their colleagues will be forced to shutter their factories when this wage hike works through the overhead of the firms.

 

Author

Faheem Haider

Faheem Haider is a political analyst, writer and artist. He holds advanced research degrees in political economy, political theory and the political economy of development from the London School of Economics and Political Science and New York University. He also studied political psychology at Columbia University. During long stints away from his beloved Washington Square Park, he studied peace and conflict resolution and French history and European politics at the American University in Washington DC and the University of Paris, respectively.

Faheem has research expertise in democratic theory and the political economy of democracy in South Asia. In whatever time he has to spare, Faheem paints, writes, and edits his own blog on the photographic image and its relationship to the political narrative of fascist, liberal and progressivist art.

That work and associated writing can be found at the following link: http://blackandwhiteandthings.wordpress.com