"This would be good news if the new law fully met international standards, but the sad reality is that the government has consciously limited basic workers' rights while exposing workers to continued risks and exploitation," said Phil Robertson, deputy Asia director at Human Rights Watch.
The Human Rights watch added that the new amendments deal with only some problematic provisions of the existing law, while leaving others untouched, in particular those related to workers union, which puts the workers at a disadvantage.
"The amended law also seeks to redirect attention to so-called "Participation Committees" and "Safety Committees," largely powerless bodies made up of management and workers," it said.
"The government has not only missed a golden opportunity to get rid of provisions that limit workers' rights, it has even snuck into the law new and harmful regulations," Robertson added.
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"Even after Rana Plaza, the government still is not fully committed to the protection of workers' rights and safety," he added.
"For instance, the government has failed to carry out adequate factory inspections" it said.
"The International Trade Union Confederation (ITUC) estimated in 2008 that the country had as few as 80 inspectors," it said.
"The Bangladesh government, European Union, and International Labour Organization recognized this problem in a memorandum of understanding signed on July 8, 2012, which called for recruiting an additional 200 inspectors before the end of 2013" said the rights body.