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.