The Bangladesh Jute Mills Corporation (BJMC) has sought funds from the government to help it procure raw jute and pay staff salaries. Jute products are piling up in mills across Bangladesh due to a fall in exports and sales for the fiscal year 2012-13 and 2013-14. Due to fund constraints, jute- procurement activities of the mills are being hampered.
Bangladesh is the world’s largest grower of quality jute. The cultivation of jute and its use as utility products in the life of the people of this region dates back to some centuries. BJMC buys raw jute for the mills through 182 purchase centers located in jute-growing areas of the country and thus ensures fair price to the farmers. The corporation has set a target to procure 2.26 million bales of raw jute for the financial year 2014-15.
Bangladesh Jute Mills Corporation is the world’s biggest state-owned manufacturing and exporting organization of all kinds of jute goods. It does research and experimentation towards product development. As the largest manufacturer in the jute sector, BJMC produces mainly hessian cloth, different types of hessian bags, sacking cloth, different types of sacking bags, yarn, geo-jute, blanket, jute canvas and carpet backing cloth from jute.
www.bjmc.gov.bd/
