Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Wednesday, September 26, 2018 11:40:11 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Golden fibre glitters again

Bumper production, better prices bring smiles to farmers

By Special Correspondent
15th-Aug-2016       
Comments
Share your thought
Post a comment »
Read all () »

Jute growers are getting better prices for this harvesting season amid widespread use of the natural fibre both locally and internationally.The price of raw jute at growers level rose to 1800-Tk2000 a maund (37kg) from Tk 1600-1700 last year.Market sources said the present prices of raw jute touched to highest level since the independence of Bangladesh, bringing smile to nearly five million farmers who are involved in jute cultivation in Bangladesh. Jute cultivation plays a key supportive role to the rural economy."We are getting better prices this season compared to that of last year. The current price is bringing profits to us," Md Rabiul Islam, a farmer at Doulatpur in Kushtia, one of the main jute growing districts, told The New Nation. He said earlier farmers of this region shifted from jute production to more profitable crop cultivation in the wake of lower prices of raw jutes in local markets due to falling demands. "As demand increasing now, more farmers are returning to this traditional crop production," he added.According to the Department of Agricultural Extension (DAE), about 7.25 lakh hectares of land have been brought under the jute cultivation across the country this year with production target of 76 lakh bales."The total jute production might go up to 80 lakh bales (1 bale=182kg) this season taking advantage of bumper production of jute coupled with increased farming by the farmers," Kifayat Ullah, Director General of Department of Jute, told The New Nation yesterday.He added: It is good sign that jute cultivation again turned into profitable for the farmers and they are happy with the production and prices."The jute growers are getting good prices for their produces this year due to growing demands for the natural fibre at home and abroad. The government's policy support has contributed to the widespread use of jute locally," State Minister for Textiles and Jute Mirza Azam told The New Nation yesterday.For example, he said, the government has made it compulsory to use jute bags for packaging of food grains leading to rise in jute demands in local market. "As the demands for raw jute is increasing, the farmers are getting higher prices for their produce this year. Such a rise in market prices has created the golden opportunity for regaining the lost glory of the golden fibre," Khandoker Golam Moyazzem, a research fellow of the Center for Policy Dialogue (CPD) told The New Nation yesterday.He said the government has taken various initiatives to increase use of jute goods (sacks, bags and yarn) locally which helped the sector to make a strong comeback.

Tariff
Add Rate

News Archive

Inside The New Nation

Sports »

Law leaving West Indies to coach Middlesex


Stuart Law is leaving his role as West Indies head coach to take over at Middlesex from next season, the English county announced on Monday.The former Australia batsman has signed a four-year deal and will begin duties in January following West Indies' tours of India and Bangladesh."It is a great ...

Editorial »

The audacity of Myanmar is only can be answered by an united int`l community


MYANMAR'S powerful army chief says the United Nations has no right to interfere in his country's sovereignty, a week after UN investigators called for him and other top generals to be prosecuted for "genocide" against the Rohingya. Min Aung Hlaing's comments to an army newspaper were his first public reaction ...

City »

BNP Standing Committee Member Barrister Moudud Ahmed, among others, at a youth rally organised by Jatiyatabadi Projanmo '71 at the Jatiya Press Club on Tuesday demanding release of BNP Chief Begum Khaleda Zia and election under impartial caretaker government.


Business & Economy »

DORP Founder Nouman attends 3rd World Congress in USA


Business Desk :AHM Nouman the Gusi Peace Prize International Laureate and Founder of Development Organization of the Rural Poor (DORP) will attend the 3rd world congress on Mother and Neonatal Nursing Care in Chicago, USA. The two-day long congress will be held on September 26-27, 2018, says a media release. ...

International »

After N Korea, Trump targets Iran with `maximum pressure`


AFP, United Nations :One year after mobilizing the international community against North Korea, Donald Trump is trying to force another arch enemy to the negotiating table by targeting Iran with a similar campaign of "maximum pressure."But if North Korea's leader Kim Jong Un has seen his standing with the US ...

International »

US Judge may dismiss Stormy Daniels lawsuit against Trump


Reuters, Los Angeles: President Donald Trump likely had a free-speech right to make a Twitter comment disputing allegations by adult film actress Stormy Daniels, a federal judge said on Monday, indicating he was inclined to dismiss her defamation lawsuit against Trump.Daniels, whose real name is Stephanie Clifford and who has ...

Entertainment »

Ekta Kapoor`s mantra in selecting platforms for content!


Touted as content czarina, Ekta Kapoor is undoubtedly the only female producer who has carved her niche in the industry with utmost excellence. Ekta Kapoor is currently riding high as she is juggling between multiple projects across various mediums. Ekta has set a benchmark when it comes to daily soaps. ...

Editorial »

Maldives' people reject authoritarian rule and voted for democracy


MALDIVES strongman President Yameen Abdul Gayoom conceded that he lost Sunday's election to his challenger Ibrahim Mohamed Solih, in a speech broadcast live on television Monday, according to the international media. Mr Yameen congratulated Solih and said, "I know I have to step down now."  The Election Commission said voter ...

Cricket »

'Rashid is best but not unplayable' says Mahmudullah


Mahmudullah Riyad sorted out a vigorous 74 against Afghanistan rescuing Bangladesh from a plausible downfall.Mahmudullah Riyad and Imrul Kayes stood tall in the middle when the team was languishing losing all five in the top order in a score of 87 on the board. The duo added 128 runs in ...

International »

Thousands attend funeral for Iran attack dead


AFP :Tens of thousands of mourners attended a funeral on Monday in the southwestern Iranian city of Ahvaz for soldiers and civilians killed in an attack on a military parade.Four militants attacked the Saturday parade marking the start of the 1980-1988 Iran-Iraq war, spraying the crowd with gunfire and killing ...

City »

Prime Minister Sheikh Hasina addressing a reception accorded to her by the expatriate Bangladeshis at a hotel in New York on Sunday.


Entertainment »

Mehazabien, Apurba in Puja special play


Sheikh Arif Bulbon :Popular pair of the small screen of present time Mehazabien Chowdhury and Ziaul Faruk Apurba worked together in a special play of Durga Puja for the first time. Title of the play is Priyo Tumi. Directed by Mahmudur Rahman Himi story of the play is written by ...

Editorial »

Attack on Iran`s elite guards


IRANIAN Supreme Leader Ayatollah Ali Khamenei accused US-backed Gulf Arab states of carrying out a shooting attack on a military parade that killed 25 people, almost half of them members of the country's elite Revolutionary Guards. Khamenei ordered security forces to bring to justice those responsible for one of the ...

Sports »

Bertens defeats Tomljanovic to secure Korea Open win


AFP, Seoul :Kiki Bertens defeated Australia's Ajla Tomljanovic in the Korea Open final on Sunday, securing her third WTA Tour singles title of the season to continue her career-best year.The second-seeded Bertens came back from break down in the deciding set to defeat the Australian in two hours and 22 ...

International »

World leaders gather at UN under threat from unilateralism


AP, United Nations :With rising unilateralism challenging its very existence, the United Nations convenes its annual meeting of world leaders Monday and will try once more to tackle problems together as a community of nations, addressing threats ranging from Mideast conflicts to the effects of global warming - and also ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news