News Tags

Related Keywords: common facility center, fast growing cottage industry, financial assistance, Govt of Manipur, handloom cooperative societies, handloom sector, Handloom weavers, highest concentration of weavers, highest concentration on possession of loom, new loom for loomless, reform and restructuring package, skill upgradation, under DDHPY scheme

Handloom is the most important and fast growing cottage industry in the state Manipur having highest concentration of weavers and also highest concentration on the possession of loom in the country. With the above potential, various promotional, development and welfare schemes has be implemented for the better earning and wellbeing of weavers of Manipur.

Related Keywords: Bangaldesh private jute mills, Bangladesh Bank, BJMA, BJMC, financial assistance, fund constraint, government, jute goods, Ministry of Textiles and Jute, state owned jute mills

The Bangladeshi private jute millers are facing acute fund constraints due to decline in exports of jute goods. Under the Bangladesh Jute Mills Association, the mills have been demanding similar financial assistance from the government that is being given to the state-owned jute mills
to run their mills.

The Ministry for Textile and Jute recently urged the central bank to instruct the scheduled banks to implement the decision of the ministry's advisory committee on jute to give private mills equal facilities which the BJMC mills are now enjoying.

Related Keywords: Alamance County, CS Carolina, financial assistance, One North Carolina Fund, relocate manufacturing operation, textile manufacturer, yarn manufacturer

CS Carolina, Inc. textile manufacturer plans to relocate and expand its manufacturing operations from Swepsonville to Burlington, North Carolina which involves an investment to tune of $7.3 million. This project will also create 22 new jobs over the next three years in Alamance County.

In Tae Joo, President of CS Carolina said that they are excited to help lead the way with investment in the latest technology and their new expansion will revival the textile industry in North Carolina.

Related Keywords: BJMC, financial assistance, financial crisis, growing areas, Hessian bags, Hessian cloth, jute goods export, jute mills, longest natural fibre, procure raw jute, sacking cloth

Bangladesh Jute Mills Corporation (BJMC) is going through an acute financial crisis mainly due to decline in exports of jute goods is seeking for financial assistance from the government of TK5.0 billion to procure raw jute urgently to feed its mills, as the prime time of cash crop has now set in.
 
Major-General Humayun Khaled, Chairman of the BJMC, sent Monday a letter to Mahbub Ahmed, senior secretary of the ministry of finance (MoF), seeking the fund support.