How Handicraft Exporting Is Contributing To Bangladesh Economy ?
Handicraft exporting is contributing to Bangladesh's economy significantly. In terms of the employment of rural women, it plays a crucial role. Many families have become solvent-making handicraft products . Therefore, the government is also encouraging unemployed youths to join in the handicraft industry. In Bangladesh, the handicraft industry is a very potential sector. Every year, the exporting amount and foreign currency are increasing by stages. It has a huge possibility, because of the availability of raw materials, low labor cost, and skilled workers, government loan taking amenity, etc. Following this potential, new entrepreneurs are growing rapidly. However, China, Vietnam, and Thailand also have a stronger position in supplying handicraft products in the international market. According to Export Promotion Bureau( EPB) in Bangladesh, there was USD 1.4 million was earned in the 2016-17 fiscal year in Bangladesh. In the 2017-18 fiscal year, the expected earning ...
