Home / Knowledge / News / Textiles / '20,000 jobs lost in jute industry'- Mr Yousuf, Chairman, BJSA
'20,000 jobs lost in jute industry'- Mr Yousuf, Chairman, BJSA
04
Feb '09
Mr Yousuf, Chairman, BJSA
Mr Yousuf, Chairman, BJSA
The global economic crisis and the resultant recessionary trends are taking away jobs of the poor who earn their living as labourers and contract workers without any apparent benefits. The Bangladeshi jute industry which has been facing problems since the last few years of its own making and also due to government apathy has laid off around 20,000 contract workers in the last two months.

This figure was confirmed by the Chairman of the Bangladesh Jute Spinners Association (BJSA), Mr Sabbir Yousuf, whom fibre2fashion.com spoke to. Mr Yousuf said, “Due to over all recession in the world, export of jute has gone down. On an average, we export 3.50 metric tons (MT) per year of jute yarn. Main markets for jute are Turkey, Belgium, & Iran. Our product is semi-finished raw material mainly used in carpet Industries”.

He added by saying, “It is true that 20,000 workers have lost their job in last two months. But only temporarily workers have lost their job & not the permanent workers. As & when the demand for carpet & jute based product will increase from countries like Iran, Turkey etc, they all will be taken back. But it will take some time. We have already approached the Govt which is also trying to take positive steps.”

He further added by saying, “The Govt has been approached to provide financial help to face the crisis, which can help tide over the crisis and help in the overall working of the jute industry. Even spinning industries are facing problems. There are long term & short term plans on the Govt's agenda, but it is expected to take more than one year to streamline the situation”.

The last jute policy formulated by Govt expired last year and it has started formulating a new policy and a 10 year plan to revive the industry. The plan includes right from the first stage of providing quality seeds for jute cultivation till the finished product. The Govt. is also trying to increase supply of quality jute seed, because the sector needs 4000 to 5000 MT of jute seed per year whereas at present Govt is producing and supplying only 400 to 500 MT of seed.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 18th Aug 2017

Turkey imposes temporary duty on POY from 7 countries

Turkish ministry of economy has announced imposition of provisional...

Textiles | On 18th Aug 2017

GST return filing deadline for transitional credit

For businesses who want to avail the transitional input tax credit...

Apparel/Garments | On 18th Aug 2017

AEPC wants clarity on minimum wages for garment sector

The Apparel Export Promotion Council (AEPC) has urged the Indian...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search