Related Keywords: BJMC, favour of Bangladesh Jute Mills Corporation, Government to help the state run entity, purpose of purchasing raw jute, repayment process, sanctioned more than Tk two billion, setting some conditions for the allocation, submit details of spending history of funds, utilize the funds for the payment of gratuity and wages to its employees
The government to help the state run entity has sanctioned Tk 2.70 billion in favour of Bangladesh Jute Mills Corporation (BJMC). The BJMC would not utilize the funds other than for the payment of gratuity and wages to its employees and the purpose of purchasing raw jute. The repayment has to be made through account payee cheques.
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.
