This research paper has discussed comprehensively about the concept, classification, estimating methods and grading standards of economic losses of fire in garments industries in Bangladesh. The contents of economic losses of industrial fire include the losses of industrial resources" direct economic losses, indirect economic losses and the economic losses on ecological environment. Different estimating methods are adopted for each of them: And, according to the amount of economic losses, industrial fires are divided into extraordinarily serious industrial fire, serious industrial fire and ordinary industrial fire. Most of the fire hazards in RMG sector occurs causing electric short circuit in Bangladesh. And this occurrence creates huge economic damage and loss in this sector. In order to attach of the store house or go down with the factory it becomes impossible to out let of the goods from the store house which happens great loss. Distance of fire station is another reason to control of fire. Locked and narrow emergency exits, panic, dark stairway, full of smoke and the electricity supply been shut down and suffocation for the smoke are the main reasons for death and casualty in the garments factories in our country. Owner of the factory should give remarkably importance in electric supply line, wearing cables and electrical equipments. Government should take steps to operate mobile courts in factory level regularly to ensure occupational safety & health.
Published in | International Journal of Finance and Banking Research (Volume 2, Issue 2) |
DOI | 10.11648/j.ijfbr.20160202.11 |
Page(s) | 24-39 |
Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
Copyright |
Copyright © The Author(s), 2016. Published by Science Publishing Group |
Loss and Damage Assessment, Fire Hazards, Garment Factories, Bangladesh
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APA Style
Md. Mizanuzzaman. (2016). Loss and Damage Assessment in the Context of Fire Hazards: A Study on Selected Garment Factories in Bangladesh. International Journal of Finance and Banking Research, 2(2), 24-39. https://doi.org/10.11648/j.ijfbr.20160202.11
ACS Style
Md. Mizanuzzaman. Loss and Damage Assessment in the Context of Fire Hazards: A Study on Selected Garment Factories in Bangladesh. Int. J. Finance Bank. Res. 2016, 2(2), 24-39. doi: 10.11648/j.ijfbr.20160202.11
AMA Style
Md. Mizanuzzaman. Loss and Damage Assessment in the Context of Fire Hazards: A Study on Selected Garment Factories in Bangladesh. Int J Finance Bank Res. 2016;2(2):24-39. doi: 10.11648/j.ijfbr.20160202.11
@article{10.11648/j.ijfbr.20160202.11, author = {Md. Mizanuzzaman}, title = {Loss and Damage Assessment in the Context of Fire Hazards: A Study on Selected Garment Factories in Bangladesh}, journal = {International Journal of Finance and Banking Research}, volume = {2}, number = {2}, pages = {24-39}, doi = {10.11648/j.ijfbr.20160202.11}, url = {https://doi.org/10.11648/j.ijfbr.20160202.11}, eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijfbr.20160202.11}, abstract = {This research paper has discussed comprehensively about the concept, classification, estimating methods and grading standards of economic losses of fire in garments industries in Bangladesh. The contents of economic losses of industrial fire include the losses of industrial resources" direct economic losses, indirect economic losses and the economic losses on ecological environment. Different estimating methods are adopted for each of them: And, according to the amount of economic losses, industrial fires are divided into extraordinarily serious industrial fire, serious industrial fire and ordinary industrial fire. Most of the fire hazards in RMG sector occurs causing electric short circuit in Bangladesh. And this occurrence creates huge economic damage and loss in this sector. In order to attach of the store house or go down with the factory it becomes impossible to out let of the goods from the store house which happens great loss. Distance of fire station is another reason to control of fire. Locked and narrow emergency exits, panic, dark stairway, full of smoke and the electricity supply been shut down and suffocation for the smoke are the main reasons for death and casualty in the garments factories in our country. Owner of the factory should give remarkably importance in electric supply line, wearing cables and electrical equipments. Government should take steps to operate mobile courts in factory level regularly to ensure occupational safety & health.}, year = {2016} }
TY - JOUR T1 - Loss and Damage Assessment in the Context of Fire Hazards: A Study on Selected Garment Factories in Bangladesh AU - Md. Mizanuzzaman Y1 - 2016/04/28 PY - 2016 N1 - https://doi.org/10.11648/j.ijfbr.20160202.11 DO - 10.11648/j.ijfbr.20160202.11 T2 - International Journal of Finance and Banking Research JF - International Journal of Finance and Banking Research JO - International Journal of Finance and Banking Research SP - 24 EP - 39 PB - Science Publishing Group SN - 2472-2278 UR - https://doi.org/10.11648/j.ijfbr.20160202.11 AB - This research paper has discussed comprehensively about the concept, classification, estimating methods and grading standards of economic losses of fire in garments industries in Bangladesh. The contents of economic losses of industrial fire include the losses of industrial resources" direct economic losses, indirect economic losses and the economic losses on ecological environment. Different estimating methods are adopted for each of them: And, according to the amount of economic losses, industrial fires are divided into extraordinarily serious industrial fire, serious industrial fire and ordinary industrial fire. Most of the fire hazards in RMG sector occurs causing electric short circuit in Bangladesh. And this occurrence creates huge economic damage and loss in this sector. In order to attach of the store house or go down with the factory it becomes impossible to out let of the goods from the store house which happens great loss. Distance of fire station is another reason to control of fire. Locked and narrow emergency exits, panic, dark stairway, full of smoke and the electricity supply been shut down and suffocation for the smoke are the main reasons for death and casualty in the garments factories in our country. Owner of the factory should give remarkably importance in electric supply line, wearing cables and electrical equipments. Government should take steps to operate mobile courts in factory level regularly to ensure occupational safety & health. VL - 2 IS - 2 ER -