Home / Knowledge / News / Textiles / BTMA raise various demands in meeting with PM
BTMA raise various demands in meeting with PM
17
Apr '09
Leaders of Bangladesh Textile Mills Association (BTMA) demanded a 15 percent cash incentive from government to balance the losses due to global financial downturn. The association leaders also raised a demand to put repayment of bank loan interest on hold for two years.

A research and development fund, equivalent to 6 percent of export earnings from the textiles and garments sector has also been demanded by the BTMA leaders. All these demands have been raised by BTMA leaders in a meeting with Prime minister, Sheikh Hasina at her office.

A power-point presentation on the problems and prospects of the textile sector has been done for the Prime Minister. In the meeting, Mrs Hasina was urged to plan effective measures for protecting country's economy from the current economic recession.

In this regard, a high-power taskforce has been formed by the government for taking necessary remedial steps to overcome the current economic recession.

Apart from this, the BTMA leaders urged the Prime Minister for a smoother supply of gas and electricity to maintain uninterrupted production cycles. In the meeting, BTMA leaders donated an amount of Tk 51 lakh for the families of army officers killed in February 25-26 BDR carnage.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search