Karim Jute Mills is one of the seven jute mills in the Dhaka district to be run under the auspices of Bangladesh Jute Mills Corporation. A total of 26 jute mills under the Bangladesh Jute Mills Corporation have been incurring losses for decades, turning profits in just four of the last 44 years. Following the prime minister’s directive, the Bangladesh Jute Mills Corporation has forwarded the final account of the full amount of the workers’ retirement benefit to the finance ministry. As many as 35 jute mills were privatised and eight mills had their capital withdrawn during the government of Hussain Mohammad Ershad. The government suspended her prison term for six months conditionally on ‘humanitarian grounds’ amid a surge in coronavirus cases.

Source: bd News24 December 31, 2020 15:03 UTC