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Minister denies reopening of Adamjee Jute Mills
Dec '10
Minister for Jute and Textiles Abdul Latif Siddiqui, recently said that there are no possibilities of restarting Adamjee Jute Mills or installing any other mill under the same name and with the same workers.

He strongly criticized the former BNP-led four-party government and the World Bank for closing down the Asia's biggest jute mill.

While condemning the World Bank's move, he stated that, on one hand, Adamjee jute mill had been closed down, and on the other hand, the World Bank had sanctioned a loan of $30 million to India for establishing nine new jute mills in West Bengal.

He said that during the Khaleda-Nizami coalition government, a deal was entered into with the World Bank regarding the closure of the mill. Therefore, it is not possible to restart the mill.

Nonetheless, he did say that, they would be establishing several factories under different names for diversification of jute products.

The mill was closed down on June 30, 2002, during the BNP-led government's rule.

Siddiqui also revealed that the government has already initiated steps to restart eight other state-run mills which were shut down earlier. Qawmi Jute Mills, one of these eight mills, has already gone functional, and that the Prime Minister would officially re-launch the same on December 11, he added.

The remaining seven mills would also be restarted step by step. At present, there are around 16 state run mills that are operational.

Fibre2fashion News Desk - India

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