17th September, 2013
TOP Contents - Tailored for YOU corporate watch Published : Tuesday, 17 September 2013 Govt decides maximum use of jute bags.The government has decided to make 100 per cent use of jute bags mandatory for private rice millers and sellers in a bid to promote the country's jute industry.The decision was taken at a recent meeting chaired by Abdul Latif Siddique, Minister, for Jute and Textile. The decision was taken as per 'Mandatory Jute Packaging Act-2010'.A ministry official said the authority will publish gazette notification in this regard within a short period. As per the decision the private rice millers will use nearly 300 million pieces of jute bags to package their products a year.Fertiliser factories will use 50 per cent or 25 million pieces of jute bags against the demand of 50 million while food department will use 50.0 million.The required 50 per cent jute bags will be provided by Bangladesh Jute Mills Corporation (BJMC) and another 50 per cent by Bangladesh Jute Mills Association (BJMA). The local consumption of jute sacks will stand at around 415 million against the total demand of around 450 million a year after implementation of the law.Jute bags will have to be used to pack paddy, rice, wheat, maize, fertiliser and sugar, according to the packaging law.Jute millers hailed the government decision. They hope the act will be implemented very soon.Abdul Barik Khan, secretary of BJMA said after implementation of the act the industry will be developed and farmers will get fair price.
India’s Saudi rice import share reaches 63 percent RIYADH: GHAZANFAR ALI KHAN & RASHID HASSAN | ARAB NEWS STAFF Published — Tuesday 17 September 2013:Last Update 17 September 2013 5:21 am
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