Saturday, July 4, 2020 | ePaper

Bangladesh earns $ 791.3m from jute, jute products export in ten months

  • Print
Business Desk :
Bangladesh earned US$ 791.3 million from the export of jute and jute products in the first ten months (July-April) of the current fiscal year 2019-20, which is 14 percent higher than the earnings during the corresponding period of the previous fiscal year.
The export earnings from jute and jute goods is also 17 percent higher than the target set by the government for the first ten months of outgoing fiscal year.
This statistics was placed at a meeting held at the Ministry of Textiles and Jute to discuss the activities of the ministry and its affiliated agencies on Sunday, the first working day after the over two-month of general holidays announced by the government to contain the COVID-19 pandemic in the country.
Speaking at the meeting, Textiles and Jute Minister Golam Dastagir Gazi said the government will extend all sorts of support for boosting the production of jute and jute goods ,aiming at building a pollution-free Bangladesh.
"The Textiles and Jute Ministry will work sincerely for the proper use of the stimulus fund announced by the government in expanding the jute industry and motivating the jute growers," he said.
The Minister said the Jute Department is now implementing a project titled 'Advanced Technology-based Jute and Jute Seed Production and Extension project' in 230 upazilas of 46 districts in a bid to increase the production of high quality jute and obtain self-sufficiency in the production of jute seeds in the country.
With the execution of the project from July, 2018 to March, 2023, all sorts of assistance, including distribution of 390 metric tonnes of free jute seeds among farmers and imparting training on techniques of cultivating high-yielding varieties, now continue to boost the production of jute and jute products, he said.
Textiles and Jute Secretary Lokman Hossain Miah and additional secretary Md Abul Kalam Azad were present, said a PID handout.

More News For this Category

US firms create record 4.8 million jobs in June

BBC News :The US economy created jobs at a record pace in June as firms took on more staff after the coronavirus downturn.Payrolls surged 4.8 million, the most since

UNDP launches 'Future of Work Lab' for resilient BD economy

BSS, Dhaka :The United Nations Development Programme (UNDP), in collaboration with its Bangkok Regional Hub, has launched the 'Future of Work Lab' with a view to facilitating South-South cooperation

EU, UK warn of big differences as Brexit talks head to London

EU, UK warn of big differences as Brexit talks head to London

AFP, Brussels :A round of intensified Brexit talks ended on Thursday with both sides warning of big remaining differences but committing to more negotiations next week in London.The four

Ashanul Kabir new chairman Shanto-Mariam Foundation

Ashanul Kabir new chairman Shanto-Mariam Foundation

Business Desk :Dr Md Ashanul Kabir took the charge as Chairman of Shanto-Mariam Foundation is a service and human welfare oriented organization.A meeting of the Board of Directors of

23 more services to be come under OSS soon: BIDA

23 more services to be come under OSS soon: BIDA

Economic Reporter :At least 23 more services of 10 ministries and organizations will come soon under the One Stop Service (OSS) centre of the Bangladesh Investment Development Authority (BIDA).The

BD lost Tk 40b export earnings for BJMC: Minister

bdnews24.com :Textiles and Jute Minister Golam Dastagir Gazi has blamed the Bangladesh Jute Mills Corporation (BJMC) for the current malaise in the flagging jute sector.He blamed the organisation for

ADB joins Network for Greening the Financial System

Business Desk :The Asian Development Bank (ADB) on June 23 joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer. The NGFS was

Biman to start Dhaka-Toronto direct flight from October

Biman to start Dhaka-Toronto direct flight from October

UNB, Dhaka :Biman Bangladesh Airlines is all set to start operating direct flights from Dhaka to Toronto and from there to New York by Air Canada from October this

SLICL gets new CEO

SLICL gets new CEO

Business Desk :Mir Rashed bin Aman has taken over as the new CEO of Sonali Life Insurance Company Limited (SLICL). He replaces former CEO Ajit Chandra. He took over

Local fabric, RMG exporters to take part in three-day virtual show

Business Desk :Local fabric and readymade garment exporters under the state-owned Export Promotion Bureau (EPB) will take part at the three-day virtual show, first of its kind, scheduled to