Bangladesh govt allocates Tk1,000 cr for BJMC

Related Keywords: allocated amount is meant for modernizing jute mills, gave directive to allocate funds for BJMC, Jute mill workers, Prime Minister Sheikh Hasina, purchasing raw materials for the mills, receive their due wages, state owned jute mills

Dhaka
Bangladesh govt allocates Tk1,000 cr for BJMC
Summary: 
Prime Minister Sheikh Hasina at the regular cabinet meeting yesterday gave directives to allocate the fund for Bangladesh Jute Mills Corporation (BJMC). After the meeting, the Jute and Textile Ministry announced that the government has allocated Tk1,000 crore fund for 27 state-owned jute mills in the country.

Prime Minister Sheikh Hasina at the regular cabinet meeting yesterday gave directives to allocate the fund for Bangladesh Jute Mills Corporation (BJMC). After the meeting, the Jute and Textile Ministry announced that the government has allocated Tk1,000 crore fund for 27 state-owned jute mills in the country.

The BJMC has 27 jute mills under it, with 70,000 employees. Among them, 32,000 are permanent and the remaining employees work on a contractual basis.

http://www.dhakatribune.com/bangladesh/2016/apr/12/govt-allocates-tk1000-crore-jute-mills
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Bangladesh Bank likely to give similar facilities for pvt jute mills as state owned mills

Related Keywords: Bangaldesh private jute mills, Bangladesh Bank, BJMA, BJMC, financial assistance, fund constraint, government, jute goods, Ministry of Textiles and Jute, state owned jute mills

Dhaka
Bangladesh Bank likely to give similar facilities for pvt jute mills
Summary: 
The Bangladeshi private jute millers are facing acute fund constraints due to decline in exports of jute goods. Under the Bangladesh Jute Mills Association, the mills have been demanding similar financial assistance from the government that is being given to the state-owned jute mills to run their mills.

The Bangladeshi private jute millers are facing acute fund constraints due to decline in exports of jute goods. Under the Bangladesh Jute Mills Association, the mills have been demanding similar financial assistance from the government that is being given to the state-owned jute mills
to run their mills.

The Ministry for Textile and Jute recently urged the central bank to instruct the scheduled banks to implement the decision of the ministry's advisory committee on jute to give private mills equal facilities which the BJMC mills are now enjoying.

http://www.thefinancialexpress-bd.com/2014/11/18/66498
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