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Bangladesh MoTJ seeks fresh allocation of Tk 3.55b for BJMC

Related Keywords: Bangladesh Ministry of textiles and jute, BJMC, for the state-run Bangladesh Jute Mills Corporation, MOTJ, payment of its different dues, seeks fresh allocation, spent on jute procurement

The Bangladesh ministry of textiles and jute (MoTJ) seeks fresh allocation from the government of over Tk 3.55 billion for the state-run Bangladesh Jute Mills Corporation (BJMC) which will be spent on jute procurement and payment of its different dues, officials said.

Now the state-run entity is operating 26 mills, including three non-jute industries. There are seven mills in Dhaka zone, ten in Chittagong and nine in Khulna.

Bangladesh MOTJ seeks equal facilities for jute goods like other agro products

Related Keywords: Bangladesh Ministry of textiles and jute, declining in international market, economic recession, equal facilities for jute goods, exporting jute and jute goods, keep employment unaffected, MoF, MOTJ, political unrest, price of jute products, refinance fund

The Bangladesh ministry of textiles and jute (MoTJ) has urged the ministry of finance (MoF) to provide equal facilities for jute goods like other agro products as the country earns a significant amount of foreign exchange by exporting jute and jute goods every year and with a view to keeping employment of the sector unaffected.

Currently, around 40 million people are involved directly and indirectly in the jute industry. So, it is necessary to provide equal treatment to the jute products like the other agro products to keep the existing employment of the sector intact.

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