NYT:Wages in Bangladesh Far Below India.

[Doctor Death]

August 25, 2012, 4:02 AM
Wages in Bangladesh Far Below India.
By HEATHER TIMMONS

Justin Mott for The New York Times

India’s neighbor Bangladesh has become the second-largest apparel exporter in the world, after China, Jim Yardley reports, but labor unrest is growing as workers demand higher wages.

As recently as 2009, India held the No. 2 spot for global apparel exports, but Bangladesh’s extremely low wages have helped push it ahead. Seamstresses in Bangladesh make garments for international brands, including Tommy Hilfiger, Calvin Klein and Gap, for wages that can be as low as roughly $37 a month, the national minimum wage.

In India, minimum wage varies from state to state but is substantially higher. The minimum wage for unskilled labor (skilled labor, which includes making garments, would command a higher wage) was recently raised to nearly 5,000 Indian rupees ($90) a month in Haryana and is nearly 6,500 Indian rupees ($117) in New Delhi. Some of the workers involved in violent protests at a Maruti Suzuki factory in Haryana in July, shuttering it and leaving one manager dead, were paid a base rate of 7,000 Indian rupees ($126) a month

Wages in Bangladesh Far Below India - NYTimes.com

 

[Avisheik]

It is low to attract FDI and create jobs for our economy and expnd our manufacturing sector.

Increasing of wages will be done slowly in order to prevent wage-price spiral.

 

[third eye]

This explains the attraction for pole vaulting ??

 

[UKBengali]

This explains the attraction for pole vaulting ??

BD economy is growing faster than your superpower India FYI.

 

[third eye]

BD economy is growing faster than your superpower India FYI.

The subject is wages...FYI

 

[Avisheik]

This explains the attraction for pole vaulting ??

Nope. Garments factory is located in Dhaka, very far away from the border areas and the garments workers earns more than an average guy (living in india or bangladesh) near the border. Furthermore, this is only one industry and there are many other industries where the job is well paid. However garments gets much media attention because it is one of the largest exporters of bangladeshi goods.

 

[INDIC]

BD economy is growing faster than your superpower India FYI.

What was your GDP growth last year.

 

[UKBengali]

no...........

India - 5.5% forecast:

Crisil cuts GDP growth to 5.5% - The Times of India

BD - 6.4% forecast:

WB projects BD's 6.4pc GDP growth in FY13

In the last quarter Indian GDP growth has slipped to 5.5% and BD is still growing faster than 6% a year

 

[Roybot]

India - 5.5% forecast:

Crisil cuts GDP growth to 5.5% - The Times of India

BD - 6.4% forecast:

WB projects BD's 6.4pc GDP growth in FY13

In the last quarter Indian GDP growth has slipped to 5.5% and BD is still growing faster than 6% a year

You talk in present tense and then compare future predictions . Bangladeshi logic?

You can't pick figures from Crisil and compare it to World Banks figures. According to World Bank India will grow at 6.9%.

World Bank cuts growth forecast to 6.9% - Hindustan Times

Bangladesh economy is going strong, still not faster than India's though.

 

[Archie]

August 25, 2012, 4:02 AM
Wages in Bangladesh Far Below India.
By HEATHER TIMMONS

Justin Mott for The New York Times

India’s neighbor Bangladesh has become the second-largest apparel exporter in the world, after China, Jim Yardley reports, but labor unrest is growing as workers demand higher wages.

As recently as 2009, India held the No. 2 spot for global apparel exports, but Bangladesh’s extremely low wages have helped push it ahead. Seamstresses in Bangladesh make garments for international brands, including Tommy Hilfiger, Calvin Klein and Gap, for wages that can be as low as roughly $37 a month, the national minimum wage.

In India, minimum wage varies from state to state but is substantially higher. The minimum wage for unskilled labor (skilled labor, which includes making garments, would command a higher wage) was recently raised to nearly 5,000 Indian rupees ($90) a month in Haryana and is nearly 6,500 Indian rupees ($117) in New Delhi. Some of the workers involved in violent protests at a Maruti Suzuki factory in Haryana in July, shuttering it and leaving one manager dead, were paid a base rate of 7,000 Indian rupees ($126) a month

Wages in Bangladesh Far Below India - NYTimes.com

we dont need to advertise the reason why they pole vault

 

[UKBengali]

You talk in present tense and then compare future predictions . Bangladeshi logic?

You can't pick figures from Crisil and compare it to World Banks figures. According to World Bank India will grow at 6.9%.

World Bank cuts growth forecast to 6.9% - Hindustan Times

Bangladesh economy is going strong, still not faster than India's though.

OK. BD is currently growing quicker than India.

Nearly everyone agrees that India is in for at least a few years of 6-ish% growth and BD could easily outgrow India in that time.

 

[INDIC]

India - 5.5% forecast:

Crisil cuts GDP growth to 5.5% - The Times of India

BD - 6.4% forecast:

WB projects BD's 6.4pc GDP growth in FY13

In the last quarter Indian GDP growth has slipped to 5.5% and BD is still growing faster than 6% a year

What was your overall GDP growth last year.

 

[Avisheik]

What was your overall GDP growth last year.

6.7%... For 2012 it is expected to be 6.3% due to the governments contractionary measures to curb inflation

 

[INDIC]

OK. BD is currently growing quicker than India.

Nearly everyone agrees that India is in for at least a few years of 6-ish% growth and BD could easily outgrow India in that time.

Who are these everyone.

 

[joekrish]

That's the reason they flock in to India.