Govt to restart shut jute mills

20 Jul '10

2 min read

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

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