Home / Knowledge / News / Textiles / Only timely & effective decision can revitalize jute sector - BJSA
Only timely & effective decision can revitalize jute sector - BJSA
16
May '09
The jute sector has seen better days and was one of the most vibrant sector in the post independence period in India and in Bangladesh, what was know then as East Pakistan. Millions of people including farmers, jute mill workers etc received their sustenance from this industry. But government apathy in both the countries led to the gradual downfall of what is called the yellow and golden fibre.

To get a real image of the state of the sector in current times, Fibre2fashion spoke exclusively to Mr. Shabbir Yusuf, Chairman of Bangladesh Jute Spinners Association (BJSA). We began the discussion by questioning him about the real and accurate reasons for the gradual decline in the jute sector, he answered by stating “It is the lack of govt. decision about the de-nationalization process of govt. owned enterprises and only timely effective decision can revitalize jute industry in the country”.

“There is indecision on the financial re-structuring of the public enterprises, to make it workable and self reliant. The World Bank's policy to finance generously towards restructuring of jute sector, led to skilled manpower leaving the sector and without any substantial & effective programme to build & maintain a skilled working force for the remaining industries, has saddled and rendered the sector with unskilled force & incompetent management”, added Mr. Yusuf.

We carried on the conversation by asking about his expectation of the jute sector from the government to which he firmly said, “While launching the re-structuring programme, the World Bank helped jute sector financially in a very big way and to revitalize the industry, similar drive needs to be initiated, because nothing tangible has been achieved in last 50-60 years and no mentionable R & D activities both in public & private sector”.

Next we tried to know how the rising jute fibre prices in recent months had impacted the real stake holders; the farmers and its effect on the end product, to which Mr Yusuf replied by saying, “With the present shape of jute industry within our country if we pin point the major stake holders first in order are the farmers, then according to priority it is jute spinners (jute yarn manufacturers) i.e. BJSA, BJA, BJMC & BJMA”.

He continued by explaining, “Initial high price at the beginning of the season benefited mainly the growers, but later they had to sell at a very marginal price. The major stake holder BJSA mills bought at sky high prices, whereas the finished goods prices are still at the bottom”.

To know about its applications in technical textiles sector, we ended the interview by asking him about the same and steps the sector was taking to promote the same, to which he said, “We have been hearing from our scientists & technicians about cheap commercial textile fibre jute having a future as a technical textile fibre and its potential in geo- textiles is enormous in the field of soil protection & civil construction”.

“In this respect our neighboring country India, a major jute & jute goods producer is making a noticeable progress. All their research centre's & different government agencies are vigorously active as against a very disinterested role played in our country. However IJO/IJSG is trying to play some roll in it, he concluded by saying.

Fibre2fashion News Desk - India


Must ReadView All

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

Top executives
Textile & apparel bodies

The decision is transformational

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do 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

January 2018

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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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