Delighted to announce that 3 MoUs have been signed for setting up Jute mills in Warangal, Kamareddy & Siricilla districts. A combined …

Instead of mobilising jute mill workers in nationwide industrial action, the unions and so-called left parties have organised harmless protests appealing to …

The Telangana government on Friday signed a Memorandum of Understanding (MoU) with the Gloster Ltd, MBD Commodities Pvt Ltd and Kaleshwaram Agro Pvt Ltd for setting up Jute Mills in Telangana in ...

In 2002, the government shut down Adamjee Jute Mills, the largest jute mill in Bangladesh. Despite this, remaining jute mills still fail to make profits, creating concerns for the government. By 2006, the government of Bangladesh had shares in 78 percent of jute mills in Bangladesh, owning 29 mills completely.

Instead of mobilising jute mill workers in nationwide industrial action, the unions and so-called left parties have organised harmless protests appealing to …

Bangladesh Jute Mills Corporation (BJMC), is a governmental organization. After all, BJMC is the world's biggest state-owned manufacturing and exporting organization of all kinds of jute product s. BJMC controlled the following jute mills, which are situated in a different zone of the country.

The Jute Commissioner has warned the jute industry of a ban on their getting a government quota for five years, citing unfair trade practices by some mills. The Jute Packaging Materials Act, 1987 provides for compulsory packaging of sugar and food grains in jute bags by government agencies up to 100 per cent.

Bangladesh Jute Mills Corporation (BJMC) floated an international tender on April 27 to lease out the mills for a period of five to 20 years even though industrialists seem uninterested on …

The government has decided to lease out all the 25 state-owned jute mills to the private sector. Earlier government has

The BJMC boss declined to disclose the rent amount and names of investors of the 12 proposals. The BJMC sources said the initiative also sought relief …

The jute industry in West Bengal, with its 2.5 lakh workers, is facing distress owing to the nationwide lockdown to tackle the spread of COVID-19. Although the jute industry falls under the Essential Commodities (EC) Act, the Government of West Bengal has not allowed jute mills in the State to continue with their operations.

According to Textiles and Jute Secretary Lokman Hossain, the state-owned jute mills yielded profits in just four of the last 44 years. The government provided subsidies worth Tk 106.74 billion in ...

He said this knowing that jute mills rely heavily on government purchases to meet their financial needs. According to a news report, deputy jute commissioner Koushik Chakraborty said the Commission for Agricultural Costs and Prices had suggested an MSP of Rs 4,500 for a quintal of jute after estimating a production cost of Rs 2,832.

If the government plans comprehensively to redesign the sector in a better way, it could contribute to the economy and generate more employment. But the past experiences of privately-run jute mills are also not very promising, with many having closed down due to heavy financial losses. What will be the best result, if the 25 mills reopened ...

About a dozen-odd jute mills had to shut operations due to raw jute availability at the government price, rendering job loss for thousands of workers. The price cap removal is expected to help ...

On September 15, the Textiles and Jute Ministry started paying off the golden handshake benefits to the workers of 25 state-owned jute mills under the Bangladesh Jute Mills Corporation (BJMC). The government on …

"The supply of raw jute fell after the (Union) government fixed the ceiling price at Rs 6,500 per quintal on 30th September 2021. The government debarred all mills and traders from purchase or ...

The government is planning to operate all 22 state-owned mills this year to meet the requirement of jute products such as sacks and carpet backing cloth put forward by Syria, Ghana, Australia,...

The mill was producing 107 tons of jute products a day. Fabric and yarn produced in the mills is consumed in nearby Indian markets. The government´s decision to roll back subsidies and facilities to the jute mills has not only led to the shutdown of BJM in Morang, but Katahari-based Baba Jute Mill was also closed three weeks ago.

In 1982-83 the Government disinvested about 35 jute mills and placed under the ownership and management of private sector. Again 1983-84, 3 more mills were disinvested. So, we see that, there are three types of ownership cum management of jute mills during sixties in former East Pakistan namely EPIDC management, joint EPIDC/private management ...

The jute industry in West Bengal, with its 2.5 lakh workers, is facing distress owing to the nationwide lockdown to tackle the spread of COVID-19. Although the jute industry falls under the Essential Commodities (EC) Act, the Government of West Bengal has not allowed jute mills in the State to continue with their operations.

The Bengal Government yesterday intervened in the strike of 150,000 jute workers, who have tied up operations in some forty jute mills during the …

Adamjee Jute Mill was a jute mill in Bangladesh. It was established in Narayanganj in 1950 by the Adamjee Group.It was the first jute mill in East Pakistan (present day Bangladesh). Gradually, the mill became the largest …

Adamjee Jute Mill was a jute mill in Bangladesh. It was established in Narayanganj in 1950 by the Adamjee Group.It was the first jute mill in East Pakistan (present day Bangladesh). Gradually, the mill became the largest jute mill in the world, exceeding the jute mills of Calcutta (now Kolkata), India, and Dundee, Scotland. The mills were nationalised after the …

Jute Sector can Grow and Generate More Employment if Government Provides Proper Policy Support Jul 13, 2020 | Industry And Cluster, News & Insights In an exclusive interview with the Dhaka Tribune 's Niaz Mahmud, Chief Executive Officer (CEO) of the Business Initiative Leading Development (BUILD) Ferdaus Ara Begum

The jute mills of BJMC buy jute through purchase centers located all over the country ensuring the fair price to the farmers. At present, there are 26 mills of which 23 are jute mills and 03 are non-jute mills. The total workforce in BJMC and its mills is approximately 75,000.

The government closed all state-run jute mills on July 1 last year due to heavy losses and excessive production costs, laying off more than 50,000 workers in three categories -- permanent,...

The Jute Mills are suffering due to low production caused by the use of old machinery, rampant corruption, and recruitment of excessive manpower. Government Jute Mills are counting huge losses as the expenditure is more than income, though private sector entrepreneurs are making good profits in this sector, thanks to proper management.

The government has undertaken a move to modernise the decades-old 24 state-owned jute mills for producing diversified jute goods. Under the project titled Balancing, Modernisation, Rehabilitation and …

"Bangladesh recently decided to close all 22 state-run jute mills and lay off 24,886 workers. The step is the result of heavy losses incurred by the Bangladesh Jute Mills Corporation (BJMC)", textiles and jute minister Golam …

According to Textiles and Jute Secretary Lokman Hossain, the state-owned jute mills yielded profits in just four of the last 44 years. The government provided subsidies worth Tk 106.74 billion in ...

The government yesterday handed over two jute mills to the private sector as part of its efforts to modernise the state-run enterprises dealing with the …

The jute industry in West Bengal, with its 2.5 lakh workers, is facing distress owing to the nationwide lockdown to tackle the spread of COVID-19. Although the jute industry falls under the Essential Commodities (EC) Act, …

The government also announced the closure of the latest jute mills on Thursday. According to the government, BJMC has been at a loss for 44 out of 47 years of its establishment. At present, the company's accumulated losses have exceeded Rs 10,000 crore. However, many jute mills in the private sector are able to make a profit.