Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

New Delhi: The Indian garment and knitted fabric sector is witnessing a bit of uncertainty due to the <keyword id="22498521" type="General" weightage="20" keywordseo="Bangladesh-crisis" source="keywords">Bangladesh crisis</keyword>, Finance Minister <keyword id="19916618" type="General" weightage="100" keywordseo="Nirmala-Sitharaman" source="keywords">Nirmala Sitharaman</keyword> said on Saturday, expressing hope that the interim government there will settle things "sooner rather than later." Interacting with the media on the sidelines of customary post Budget address to the central board of <keyword id="19899810" type="General" weightage="20" keywordseo="Reserve-Bank-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Reserve Bank of India" meta.hostid="261" meta.entityid="Reserve Bank of India">Reserve Bank of India</keyword>, she said efforts are being taken to ensure that borders with the neighbouring country are safe. With regard to Indian investments, she said, the textile industry particularly from Tamil Nadu has made investments there in good faith and they have done well having gone there. "The exports from <keyword id="19919639" type="General" weightage="20" keywordseo="bangladesh" source="keywords">Bangladesh</keyword> also increased because of the duty and quota liberal approach that we have towards low-income countries. They (Indian garment industry based in Bangladesh) could even export to India." Particularly, she said, the garment and knitted fabric sector is seeing a bit of uncertainty because of the crisis in the neighbouring country. "I hope that the investments are all safe... it's too early for me to see what kind of an impact this situation in Bangladesh will have on our economy. I hope that the interim government will settle things sooner rather than later so that both the people of Bangladesh and India can get back to normalcy," she said. Earlier this week, Bangladesh plunged into a political crisis when Sheikh Hasina resigned as the Prime Minister and fled the country. Soon after Parliament was dissolved leading to the creation of an interim government. The 84-year-old Nobel laureate Muhammad Yunus on Thursday took oath as the head of an interim government, replacing Sheikh Hasina who abruptly resigned and fled to India leaving the country in turmoil following deadly protests against her government over a controversial quota system in jobs. On Friday, Bangladesh's interim leader Yunus announced the portfolios of his 16-member council of advisors and named a former top diplomat to head the foreign ministry. The Nobel laureate's first task is to bring stability to Bangladesh after he responded to a call by student protesters for him to temporarily lead the country following weeks of deadly anti-government demonstrations against the government led by Sheikh Hasina.

Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM Nirmala Sitharaman

<ul><li>In a significant move, the Bangladesh Nationalist Party, the main political rival to the ruling Awami League, has started the process of nominating candidates for next month’s national elections. </li><li>The BNP will be joined by an alliance of around 20 other opposition parties, the Jatiya Oikyafront. </li><li>The Awami League, which is seeking a re-election for the third time under current Prime Minister <keyword id="66026" type="PERSON" weightage="20" keywordseo="Sheikh-Hasina">Sheikh Hasina</keyword>, did not face an opposition in the last general elections in 2014 as the BNP and other parties had boycotted the elections. </li></ul> On November 12th, the Bangladesh Nationalist Party (BNP), one of two major political parties in the country, started the process <a href="https://www.dhakatribune.com/bangladesh/election/2018/11/12/bnp-starts-selling-nomination-forms">of nominating candidates</a> for next month’s national elections. The move is significant as it is an important precursor to what is likely to be a meaningfully contested national election scheduled on 23 December with a potentially formidable opposition. The BNP will be joined by an alliance of <a href="http://www.ptinews.com/news/10169084_Bangladesh-opposition-BNP-says-will-take-part-in-polls">other opposition parties</a> to contest the rule of the current party in power, Awami League, according to the Press Trust of India. The 20-party alliance, which has been named the Jatiya Oikyafront, is being led by <keyword id="749538" type="PERSON" weightage="20" keywordseo="Kamal-Hossain">Kamal Hossain</keyword>, an 81-year lawyer and head of the Jatiya Oikya Prokriya (JOP), a smaller opposition outfit. The BNP and JOP announced <a href="https://bdnews24.com/politics/2018/10/13/kamal-hossain-forges-alliance-with-bnp-leaving-out-badruddoza-chowdhury">a partnership</a> last month. However, the going will not be easy for the opposition alliance. The head of the BNP, former prime Minister <keyword id="108177" type="PERSON" weightage="20" keywordseo="Khaleda-Zia">Khaleda Zia</keyword>, has been languishing in prison <a href="https://www.aljazeera.com/news/2018/02/khaleda-zia-jailed-years-corruption-case-180208083811505.html">since February</a> on corruption charges. In addition, the opposition alliance has already faced a preliminary setback as the Awami League has refused its proposal to install an interim government in the build-up to the polls. That was also an issue of contention in the 2014 general elections. A law mandating the installation of an interim government during the poll period was <a href="https://www.bbc.com/news/world-south-asia-13973576">abolished</a> by the Awami League in 2011. The Awami League, which is seeking a re-election for the third time under current Prime Minister Sheikh Hasina, did not face an opposition in the last general elections as the BNP and other parties boycotted the elections after this demand wasn’t met. As a result, <a href="https://www.aljazeera.com/news/asia/2014/01/bangladesh-vote-201416229528440.html">153</a> of the 300 seats in Bangladesh’s Parliament went uncontested. While the participation of an opposition alliance in Bangladesh’s general elections is a step forward for democracy, the Awami League’s reluctance to install a caretaker government is bound to lead to allegations of rigging as voting gets underway. That was the case in the previous general elections as well. Hence, the stage is set for a heated contest, and possibly, a violent election process. Power has oscillated between the BNP and Awami League since the country’s first general elections in 1973. Fearing a united opposition, the Awami League will do what it can to retain a majority in Parliament. The onus will now lie on Bangladesh’s Election Commission to oversee a fair election as the international community watches intently.

After a walkover in 2014, Bangladesh’s ruling party will finally face an opposition in next month’s general elections

<ul><li>The Awami League, which is led by Prime Minister <keyword id="66026" type="PERSON" weightage="20" keywordseo="Sheikh-Hasina">Sheikh Hasina</keyword>, has reportedly locked up 1,972 workers from the opposition <keyword id="395630" type="COMPANY" weightage="20" keywordseo="Bangladesh-Nationalist-Party">Bangladesh Nationalist Party</keyword> (BNP) in the past month. </li><li>The BNP’s spokesperson, Rizvi Ahmed, said that the Awami League had fabricated a number of cases against party leaders and officials in order to have them arrested. </li><li>After the ruling party was granted a walkover in 2014, it was widely believed that this round of national <keyword id="6355644" type="DEFINITION" weightage="20" keywordseo="elections">elections</keyword> would be well-contested despite the fact that the head of the BNP <keyword id="108177" type="PERSON" weightage="20" keywordseo="Khaleda-Zia">Khaleda Zia</keyword> has been imprisoned on corruption charges. </li></ul>It seems that the party currently running Bangladesh, the Awami League, is doing what it can to retain power as the <a href="https://indianexpress.com/article/world/bangladesh-general-election-bnp-awami-league-5442639/">30 December</a> deadline for national elections nears. The party, which is led by Prime Minister Sheikh Hasina, has reportedly locked up 1,972 workers from the opposition Bangladesh Nationalist Party (BNP) in the past month, according <a href="https://www.scmp.com/news/asia/south-asia/article/2177138/bangladesh-opposition-says-hundreds-supporters-held-polls">to media reports</a>. The BNP’s spokesperson, Rizvi Ahmed, said that the Awami League had fabricated a number of cases against party leaders and officials in order to have them arrested. The arrests will likely prevent people from coming out to vote for the opposition. In fact, it has also been reported that police officials are campaigning in favour of the Awami League in some parts of the country. That is unfortunate. After the ruling party was granted <a href="https://www.businessinsider.in/after-a-walkover-in-2014-bangladeshs-ruling-party-will-finally-face-an-opposition-in-next-months-general-elections/articleshow/66589995.cms">a walkover</a> in 2014, it was widely believed that this round of national elections would be well-contested despite the fact that the head of the BNP Khaleda Zia has been imprisoned on trumped-up corruption charges. Zia was eventually <a href="https://www.business-standard.com/article/pti-stories/bangladesh-election-ec-rejects-jailed-ex-premier-zia-s-plea-to-contest-polls-118120800596_1.html">barred from participating </a>in elections when the Bangladesh Electoral Commission rejected an appeal from her camp last week. She has, however, filed a follow-up motion appealing the decision. As the BNP complains about the arrest of its supporters, the Awami League has also alleged that the BNP is <a href="https://economictimes.indiatimes.com/news/international/world-news/pakistan-high-commission-meddling-with-poll-process-bangladesh/articleshow/67019150.cms">in cahoots with the Pakistani government</a> with several leaders from the party meeting officials from the Pakistani High Commission in the past week. Meanwhile, the Indian government will be watching the elections closely. Given BNP’s history of anti-India rhetoric, India is likely pinning its hopes on Hasina’s re-election. An alliance of opposition parties Hasina’s bid for a third consecutive term will be hindered by an opposition alliance comprised of the BNP, the Jatiya Oikya Prokriya (JOP) and regional parties. BNP has so far announced the names of <a href="https://unb.com.bd/category/Politics/bnp-shares-58-seats-with-oikyafront-20-party-partners/8116">242 </a>of its own candidates for the upcoming elections, while an additional 58 candidates have been picked following discussions with its alliance partners. It is counting on a wave of resentment against the Awami League for its supposedly authoritarian policies and crackdown on dissenters. However, the BNP is yet to announce a prime ministerial candidate to run against Hasina even though the alliance is led by JOP leader Kamal Hossain, a former stalwart of the Awami League. It will likely make a decision once the question of Zia’s candidacy is settled once and for all. In a bid to ensure that the elections are carried out peacefully and fairly, the US is reportedly <a href="https://www.reuters.com/article/us-bangladesh-election-observers/u-s-to-send-observers-to-bangladesh-election-amid-opposition-concerns-idUSKCN1O031A">sending a team of observers </a>to Bangladesh, which will fan out across the country to survey the ground situation as voting commences. SEE ALSO: <a href="https://www.businessinsider.in/after-a-walkover-in-2014-bangladeshs-ruling-party-will-finally-face-an-opposition-in-next-months-general-elections/articleshow/66589995.cms">After a walkover in 2014, Bangladesh’s ruling party will finally face an opposition in next month’s general elections</a>

As national elections near, Bangladesh's government is reportedly locking up workers from the opposition party

You Searched For "Sheikh Hasina" and got 3 results

Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM Nirmala Sitharaman

PTI

After a walkover in 2014, Bangladesh’s ruling party will finally face an opposition in next month’s general elections

Dilsher Dhillon

As national elections near, Bangladesh's government is reportedly locking up workers from the opposition party

Dilsher Dhillon

Popular Keywords

Buying Guides