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DCC likely to receive 37 katha land from BJMC
12
Jun '10
The eighth meeting of the Parliamentary Standing Committee on Textiles and Jute Ministry discussed the matter of giving way 37 katha land of Bangladesh Jute Mills Corporation (BJMC) to Dhaka City Corporation (DCC).

The meeting, which was chaired by the Committee Chairman, Akhtaruzzaman Chowdhury, was attended by members of the standing committee. Participants of the meeting also discussed reasons behind the volatility in cotton prices and tried to find out the solution on the issue.

Other issues, including, availability of funds for purchasing jute in current and next financial year, recommencing operations of the closed jute mills and allocation of funds by finance ministry for their re-functioning, were also discussed during the meeting.

The latest position on re-fixing prices of textile mills under sale was also discussed in the meeting, which eventually led to a decision stating restarting of those textile mills rather than selling.

The participants also discussed about the current situation of the mills and assets of Khulna, Rajshahi, Kurigram and Sirajganj. It was informed in the meeting that Sirajganj textile mill was given away to private ownership with all its liabilities under government's privatization policy.

Fibre2Fashion News Desk - India


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