My study analyzes the role of the state and multinational corporations in the promotion of workers’ rights in Bangladesh through a case of the Ready-Made Garment(RMG) industry. My study examines the responsibility of Multinational Corporations(MNCs) and the motivation behind it. It also examines the principles of Corporate Social Responsibility(CSR) and the way they work on practice in the aftermath of the Rana Plaza factory collapse. Additionally, it reveals the roots to the state’s failure to sufficiently comply with its obligations towards the protection of human rights through the lens of globalization and neoliberalism. My study concludes that as multinational corporations have much more resources at their disposal, the state of Bangladesh should not be held entirely accountable for the human rights violations, but the promotion of human rights should be performed in a mutual manner.