Home / Knowledge / News / Textiles / Govt to restart shut jute mills
Govt to restart shut jute mills
20
Jul '10
Government is intending to re-commence the closed state-owned jute mills, including Adamjee Jute Mills, in parts. Some of the other closed mills might operate in partnership with private entrepreneurs as the government is not in a state to function all the shut mills on its own.

The Agriculture Minister assured that steps were being taken to re-start the bigger jute mills, so as to keep the government's promise of renewing the jute sector, which has lost its glory in the post-independence years. Apparently, the government has decided to do everything possible to revitalize the past glory of jute, which was once upon a time known as, 'golden fibre of Bengal'.

However, the Finance Minister informed that, free flow operations of the jute mills under the corruption-driven Bangladesh Jute Mills Corporation were not possible. More so, The Finance Minister continued that, the government had already taken a few steps to re-commence the jute mills in phases in partnership with private businessmen.

For the same, government has made a budgetary allocation of Tk 300 million to encourage cultivation of jute in 28 districts for adoption of a technology called ribbon-retting, which is introduced by the Bangladesh Jute Research Institute to lessen wastage.

However, government's task of retrieving the lost glory of jute will not be an easy task as the steps involved from jute cultivation to its usage in both local and global markets, should be handled with appropriate studies and examinations with respect to the current day circumstances.

Fibre2Fashion News Desk - India


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Wendell Rodricks
Wendell Rodricks

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

Madhu Jain
Madhu Jain

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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