• Friday, Nov 22, 2019
  • Last Update : 10:15 am

Jute minister: Govt trying to make state-owned jute mills profitable

  • Published at 09:05 pm April 30th, 2019
Textiles and Jute Minister Golam Dastagir Gazi
File photo of Textiles and Jute Minister Golam Dastagir Gazi Collected

He said this while briefing reporters after visiting the United Meghna Chandpur Jute Mill in Narsingdi.

Textiles and Jute Minister Golam Dastagir Gazi on Tuesday said that the government is trying to turn all state-owned jute mills into profitable institutions.

He said this while briefing reporters after visiting the United Meghna Chandpur Jute Mill in Narsingdi. 

“The purpose of my visit is to determine the reasons behind the losses being incurred by state-run jute mills and to find out the obstacles preventing them from making profits," he said.

The minister added that the authorities were currently revisiting the decision to subsidize state-owned jute mills. 

He explained that initially, they found the additional wage commission "a major reason behind the losses", since the government was paying the workers at least twice the salary as those employed by private jute mills. 

“Additionally, we found that modern machineries in private jute mills allow a worker to operate four machines at a time, whereas in state-owned jute mills, each machine has to be manned by one worker,” Gazi explained. 

The minister claimed that another reason was not purchasing raw materials during the jute production season, as "buying jute in the off-season raises the cost of raw materials”.

"Prime Minister Sheikh Hasina has learned about the arrears of the jute mill workers, and directed that the workers be paid their dues before Ramadan," he added.

Later in the day, the minister visited the Fashion Design Training Institute of Bangladesh Handloom Board and the Bangladesh Handloom Education and Training Institute in Narsingdi.