Thursday, October 1, 2020 | ePaper

Ominous signals for leather industry

  • Print
THE rawhide market for sacrificial animal this year during the Eid-ul-Azha has almost collapsed like last year's literally wiping out seasonal traders and madrasha volunteers who have so far collected rawhide from door to door. Previously they would deposit the sale proceeds as charitable contribution to madrashas and such other publicly funded organizations. But the few people who ventured this time to collecting rawhide saw industrial buyers. Rawhide merchants deployed their paid agents for the purpose.  
There is a growing fear that bulk of the rawhide this year may be smuggled across the borders as  the government has failed to ensure proper handling of the chaotic market from the kind of dumping like last year.  As it appears the Commerce Ministry in the first place fixed highly reduced prices of rawhide for cattle, goats and such other animals effectively handing over the benefit to big tanners and merchants. Small traders were eliminated in the process.  
 We all know that this is a totally failed incapable government and corrupt from top to bottom at all levels.  But sadly it is handing over the industry to smugglers for its inability to discipline the unruly market situation.  Moreover the government announcement to allow rawhide export seems highly damaging to local tanners which will also severely limit leather goods export.     
It is sad that people at many places have abandoned their rawhide in absence of industrial buyers  and video footage showed people at some places had even disposed rawhide to river as none showed up to buy it.  Only agents of big merchants were visible this time in buying rawhide at very low price and they almost successfully ended a social system of supporting charitable organizations from donations of rawhide value which was in force over the generations.
It is highly unusual that a cattle hide sold between Tk 100 and Tk 150 at districts level while it sold at around Tk 400 in the city up from Tk 1000 few years back. This is a scandalous development and what is more scandalous is that big tanners who were able to secure Tk 600 crore bank loan for buying rawhide  were not visible at peak time in the field. Their announcement that they would start buying from next Saturday sounds tricky as well.

More News For this Category

Rape in CHT is no exception of lawlessness in the whole country

VIOLENCE against women, including religiously and ethnically minority, is increasing due to a culture of impunity, political buttress behind offenders, lengthy trial system, masculism, and inequality in the country. In

Financial crimes during the pandemic must be held in check

MEDIA report on Wednesday said economic downturn triggered by ongoing Covid-19 has created many holes in the banking and financial system through which money launderers and fraudsters are seeking to

Banking In The History

People borrow and lend money from the very beginning of civilization, though known that first started in Mesopotamia, presently known as Iraq, before five thousand years. It is to be

Polarization Rational In Politics

Kevin Dorst, PhD :A striking feature of polarization is that it's predictable. If you're a liberal, you can predict that you'll continue to become more confident that Trump is a

Readers’ Forum

Destroy Syndicates Liable For Price RiseThe prices of essential commodities like onion, rice, pulses, oil etc. are increased by creating an artificial crisis in the country's market. Previously stocked products

Police being criminalised as part of politics

THE police department has been facing mounting allegations of late with a section of it reportedly indulging in crimes. Drug dealing, extortion, arrest on false charges, botched-up investigations, custodial torture

ICT Act needs urgent review to allow free flow of information

Marking the International Day for Universal Access to Information on Monday, journalists and academics in a virtual discussion organised by Transparency International Bangladesh (TIB) in the city said, media is

Safety Net To Combat Covid-19

Several countries, including Bangladesh following the global health crisis like Covid-19 are considering good governance in the expansion of their social safety net programs. Delivery mechanisms in many cases tend

Judicial Inquiry Need Independent Agency For Transparency

Anika Nower Suvra :The principle basis of the criminal justice system in Bangladesh is investigation. After an inquiry, the charge formed by the testimony of the witnesses is proven beyond

Rangpur is waterlogged despite being a city corporation

More than 50,000 people have been stranded due to the incessant rain in Rangpur since Saturday. Almost all areas of Rangpur city got inundated in record-breaking overnight rainfall, causing untold