The jute industry should be subsidised to save local economies instead of shutting down the mills and offering compensation for workers, the study recommended. Sugar industries are being destroyed by building sugar import roads. If they gave Tk1,000 crore in subsidies to the jute industry, then the industry could be turned around,” he added. Regarding sugar mills, the report said Bangladesh was threshing sugarcane significantly less efficiently than other countries due to the use of old technology. On December 2, the government shut down production in six state-owned jute mills until such time as the mills were modernized.

Source: Dhaka Tribune December 21, 2020 17:37 UTC