Mills and factories that were vandalised, ransacked or set ablaze during and after the July uprising have been struggling to reopen due to financial crises, unavailability of bank loans and their politically exposed owners facing legal consequences.

The government will provide Tk 525.46 crore from public coffers to clear wages and other service benefits of workers and officials of 14 Beximco textile and garment units that will shutter from today.

Due to a lack of work, layoffs were initiated under the Bangladesh Labour Act

Tens of thousands of workers and officials have lost their jobs over the last six months following the closure of dozens of mills and factories mainly because of the owners’ political affiliations.