With an objective to give an impetus to the Government’s goal of ‘Cashless Bangladesh’, the apex garment manufacturers’ body of the country, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), has decided to digitise wage payment of the garment workers soon.
This was revealed by BGMEA President Rubana Huq speaking at a knowledge-sharing event on creating the business case of MFS-based wage digitisation in the RMG sector, organised by the International Finance Corporation (IFC) in capital Dhaka, on Tuesday.
“RMG workers will receive their wages under the digitised system. We’re going to sign a memorandum of understanding (MoU) with the ICT Ministry on 27 June to introduce mobile banking ‘e-wallet for RMG workers’,” reportedly stated Huq at the event, adding, “Our main goal is to build digital Bangladesh. So, we hope our goal will be implemented overcoming all the bureaucratic complexities.”
It may be mentioned here that International Finance Corporation (IFC), a member of the World Bank Group, organised the event to establish the business case for digital wage payments using mobile financial services in the readymade garment (RMG) sector and launched a series of resources to enable garment factories to transition from cash to mobile-based wage payments for their workers.