National
5 years ago

Policy for informal industries soon

Published :

Updated :

The Industries Ministry will formulate a policy for informal industries sector soon aiming to ensure sustainable growth in the sector and increase its contribution to the national economy.

The officials of the ministry revealed the information at a workshop titled ‘Drafting Policy Guideline for the Informal Sector Industries’ in city on Monday.

The Informal Sector Industry Skills Council (ISISC), formed under the National Skills Development Authority (NSDA), arranged the workshop at Hotel Purbani, an official release said.

Chaired by additional secretary of the ministry Begum Parag, the workshop was addressed, among others, by Industries secretary Md Abdul Halim, NSDA executive chairman Md Faruque Hossain, ILO Bangladesh representative Toumo Poutiainen and ISISC chairman Mirza Nurul Gani.

ISISC consultant Suresh Chandra Das read out a keynote paper at the workshop.

The officials said the Informal Sector Industry Skills Council (ISISC) is working to prepare a draft of the proposed informal industries policy and it will finalise the policy within June this year and send it to the Industries Ministry.

About 87 percent of the country’s total workforce is working in the informal industries sector, they said, adding that around 20 lakh people join the labour market in the country every year, and of them, about 80 percent work in informal industries sector.

The speakers said although workers and entrepreneurs in the informal industries sector face various hurdles, those were not considered in the National Industrial Policy, reports BSS.

Share this news