The jute sector has been the talk of the town since the closure of multiple state-owned jute mills across the country resulting in around 25 thousand workers of these mills being laid off.
Despite such an action the government had looked at the bigger picture and announced to the public that there is going to be a major overhaul of the traditional mills for better and more technologically advanced ones which will suit the agenda of graduating to a middle-income country. In that continuation the government has already started fixing up fair price for the jute farmers around the nation.
A report published in this daily showed that fair price of jute despite the temporary closure of the state-owned mills has brought cheers to the jute farmers and encouraging the farmers to bring more land under jute cultivation in the next season.
This action by the government is a well-timed one as it bolsters the faith of people related to the jute sectors in the government and also acts as an incentive for more people to get into the sector.
The government should also take steps to enable the
implementation of improved and advanced jute farming
methods to cultivate the golden fibres more effectively
The report went on to elaborate that the major jute producing districts are getting the price averaging Tk 2350 per maund based on quality. This high price is well accepted by the jute farmers and is also a step forward in rejuvenating the sector.
To this end, the government should also take steps to enable the implementation of improved and advanced jute farming methods to cultivate the golden fibres more effectively.
It is also heartening to find that a massive amount of jute is exported around the world each year. The most recent statistics showing a staggering 1, 92,000 tonnes of jute being exported in 2018.
This number shows that there is a great demand for products made of jute in the world and also has great export potential that can be exploited if the people concerned take the proper initiatives.
Above all, privatisation is much needed in this sector to bring jute back to its former glory. Any and all sorts of incentives and developments in technology necessary must be adopted to revive the jute industry.