1.2 The Present Structure of Textile Industry of Bangladesh:

The main sub-sectors of Textile Industry are: spinning, weaving/knitting, dyeing-finishing and export-oriented RMG. Sub sector-wise brief description of textile industry is given as under:

1. At present, there are more than 200 spinning mills in the country of which 175 units are in the private sector and the remaining 25 units in the public sector. The annual requirement of raw cotton and artificial fibers for the spinning sub-sector is about 400 million kg. More than 95% of these raw materials are being met out of import and the rest are produced in the country.
2. In the weaving sub-sector at present there are 498,000 handlooms (of which 310,000 are in operation) and 43,000 power looms. The large weaving mills and small power looms units has a total production capacity of 1,000 million metres per annum. Moreover, there are 656 knitting units, which is capable to supply more than 80% of the knit fabrics required for the export-oriented knit RMG industry of the country. The growth of the weaving sub-sector is very slow while that of knitting sub-sector is comparatively faster.
3. There are 178 semi-mechanized and 115 mechanized dyeing and finishing units with annual fabric production capacity of 970 million meters. The semi-mechanized dyeing and finishing units have technological limitations for producing good quality fabric and as such these units are supplying fabrics mainly to meet the domestic demand of fabrics. A considerable number of the mechanized dyeing and finishing units can produce and supply export quality fabrics required for the RMG industry.
4. At present there are more than 3,800 export-oriented RMG units in the country having production capacity of 180 million dozens of garments of various types with a workforce of 1.8 million, 90% of whom are women.

1.3 Year-wise Production of Yarn and Fabrics in the Country:

The majority of the textile industry of the country mainly belongs to the private sector. Only 25 old textile mills are now under public sector (BTMC) some of which have been put into production under Service Charge System. The year-wise production of yarn and fabrics from 1992-93 through 2002-03 is shown in the table below:

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Year	Yarn production (Mln. Kg.)			Fabric (Mln. metres)
	Public sector	Private sector	Total	Public sector	Private sector	Total
1992-93	36.27	101.55	137.82	30.39	1,039.61	1,070.00
1993-94	18.23	121.91	140.14	12.73	1,035.27	1,048.00
1994-95	18.13	135.24	153.37	4.65	1,130.35	1,135.00
1995-96	15.90	157.01	172.91	2.79	1,262.43	1,265.22
1996-97	7.39	186.76	194.15	0.78	1,324.23	1,325.01
1997-98	8.64	204.81	213.45	0.17	1,394.83	1,395.00
1998-99	10.02	186.76	228.84	-	1,451.00	1,451.00
1999-00	13.12	204.81	251.46	-	1,630.00	1,630.00
2000-01	15.81	186.76	271.57	-	1,845.00	1,845.00
2001-02	15.39	204.81	298.50	-	2,050.00	2,050.00
2002-03	9.35	330.65	340.00	-	2,200.00	2,200.00

It appears from above table that the total production of yarn in 2002-03 has increased by 146% (annual average growth 14.6%) from the production level of 1992-93, but the production level of yarn in the public sector mills gradually declined since most of the mills were closed due to liquidity crisis and old age of machinery. On the other hand the fabric production in 2002-03 increased by 1105% (annual average growth 11%) compared to the production level of 1992-93. The total fabric production level has increased mainly due to new capacity creation in the private sector while the weaving mills under public sector was totally closed from 1998-99 due to continuous losses.

1.4 Actual Year-wise (1992-03 through 2002-03) Progress of the Development Programs of the Agencies/ Organizations under the Ministry of Textiles:

1.4.1 Bangladesh Textiles Mills Corporation (BTMC):

An expansion of Sundarbon Textile Mills namely "Nil Kamol Unit" was implemented as a self-financed project under ADP 1993-94 and 1994-95. Another expansion project namely "Installation of New Spindles in 10 BTMC Mills" with an estimated cost of Taka 167.80 million was implemented under ADP 1995-96 through 1997-98. Implementation of this project has improved the productivity and production capacity of the concerned mills and encouraged the private entrepreneurs to operate the mills under service charge system. There was no development project of BTMC from 1998-99 onwards. Year-wise ADP allocation and utilization is shown as under:

Financial Year	ADP Allocation (Taka in Miln.)	Actual Expenditure (Taka in Miln)	Achievement %
1992-93	0.10	-	-
1993-94	70.00	35.00	50%
1994-95	36.50	42.50	116%
1995-96	76.50	76.50	100%
1996-97	77.50	77.50	100%
1997-98	26.40	13.80	52%
1998-99	-	-	-
1999-00	-	-	-
2000-01	-	-	-
2001-02	-	-	-
2002-03	-	-	-

1.4.2 Department of Textiles (DOT):

Department of Textiles was created in the year 1978 as an attached Department under the Ministry of Textiles. The main responsibility of the Department of Textiles is to develop human resources required for the fast growing textile industry of the country.

The allocation and utilization of the development projects for upgrading and modernizing the 6 Textile Institutes and 30 S.S.C. Textile Vocational Institutes implemented by DOT from 1994-95 through 2002-03 are shown in the table below:

Year	No. of project	Total Allocation (Taka in miln.)	Actual Expenditure (Taka in Miln.)	Actual Exp. as % of Total Allocation
1992-93	-	-	-	-
1993-94	-	-	-	-
1994-95	2	66.00	65.80	99.69%
1995-96	3	56.10	55.90	99.64%
1996-97	2	12.30	12.20	99.18%
1997-98	2	30.80	30.19	98.03%
1998-99	2	202.80	202.50	99.85%
1999-00	3	288.90	288.90	100%
2000-01	3	126.40	124.80	98.71%
2001-02	3	89.20	80.67	90.35%
2002-03	2	110.90	51.93	46.83%

With a view to meet the growing demand for textile technologists and skill manpower required for the textile industry, Three project proposals comprising 1 Textile Degree College, 4 Textile Diploma Institutes and 10 Textile Vocational Institutes are under process for approval of the Government.

1.4.3 Bangladesh Sericulture Board (BSB):

1.4.3.1 Projects Already Implemented:

Bangladesh Sericulture Board has implemented 8 development projects during the years 1992-93 through 2002-03. The estimated cost and actual expenditure of these projects are shown as under:

Sl.No.	FY/Name of the Project	Estimated Cost (Miln Taka)	Actual Expenditure (Miln Taka)	Actual Progress
1	July 1990- to November 1996:Extension of Sericulture, Establishment of Seed Cocoon Production Center and National Sericulture Research Development Project	555.952	476.766	93%
2	July 1997- to June 2001:Extension of Sericulture, Establishment of Seed Cocoon Production Center and National Sericulture Research Development Project (Phase-II)	196.800	196.400	98.68%
3	December 1998 to June 2000:Flood Rehabilitation Project on the damaged components of the completed project "Extension of Sericulture, Establishment of Seed Cocoon Production Center and National Sericulture Research Development Project".	11.133	11.133	98.00%
4	December 1998 to June 2001:Credit Program for Rehabilitation of the small scale Sericulturists, Reelers and Silk Weavers Affected by the Flood of 1998. "	30.000	45.000(19.46 deposited to govt. treasury)	94.58%
5	July 1996 to June 1999:BMRE of Rajshahi Silk Factory	60.000	60.000(3.41 deposited to govt. treasury)	92.67%
6	July 1996 to June 1999 :BMRE of Thakurgaon Silk Factory	16.943	16.943	94.46%
7	July, 1993 - June, 1999:Special sericulture extension project for Hilltracts districts of Rangamati, Khagrchair and Bandarban.	34.860	28.600(10.337 deposited to govt. treasury)	70.00%
8	July, 1997- June, 2003:Innovation and Dissemination of Appropriate Technologies of Sericulture Through Strengthening of Research and Training Programmes of Bangladesh Sericulture Research & Training Institute (BSRTI)	137.668	97.355	72.00%

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BSB, through the implementation of the above development projects, produced 24.32 million DFLs, 4.59 million kg silk cocoons, 0.266 million kg silk yarn and 4.45 million meter silk fabrics during the period of July`92 to June`03. A total of 6,829 persons have been trained in different aspects of sericulture.

1.4.3.2 Project Under Implementation :

BSB has been implementing a development project namely, "Development and Extension of Sericulture in Bangladesh" with an estimated cost of Tk. 165.45 million. Implementation period of the project is July`2001 to June`2006. The main targets of the project are:

(a) Production of 7.50 million mulberry saplings

(b) Production of 3,800 million kgs Seed Cocoons

(c) Production of 7.50 million disease free layings (DFLs)

(d) Establishment of 34 Chawki rearing centres

(e) Purchase of 7,500 million kgs cocoons for operation of minifilatures of BSB

(f) Training of 1800 persons in various segments of sericulture.

For implementation of the project Tk. 2.50 million and Tk. 40.00 million has been released in the years 2001-2002 and 2002-03 respectively. A total of Tk. 42.50 million has been spent and 23.00% physical progress has been achieved upto June'2003. An amount of Tk. 8.875 million was released in the 1st quarter from the allocated amount of Tk. 35.50 million in the ADP 2003-04. Subsequently the project has been transferred to the revenue budget and an allocation of Tk. 22.242 million was made for the remaining three quarters of the FY 2003-04, which was released during 4th quarter.

1.4.4 Ministry of Textile & Jute (BHB):

Year-wise allocation, actual expenditure and progress against ADP allocation from 1992-93 through 2002-03 are shown as under:

Financial Year	ADP allocation (miln. Tk.	Actual expenditure (miln. Tk.)	Achievement in (%)
1992-93	21.10	21.58	102
1993-94	41.00	8.67	21
1994-95	182.40	184.97	101
1995-96	20.00	52.29	261
1996-97	42.00	37.59	89
1997-98	44.30	36.81	83
1998-99	25.50	25.00	98
1999-00	42.10	40.47	96
2000-01	98.57	98.57	100
2001-02	25.00	25.00	100
2002-03	40.00	40.00	100

1.4.5 Projects Under Direct Control of Ministry of Textiles:

A Technical Assistance project namely, Textile Strategy Management Unit (TSMU) is under implementation from 1998 to assist the Ministry of Textiles in formulating appropriate policy and implementation strategy for integrated development of the textile sector. Moreover, another project namely, National Institute of Textile Training Research and Design (NITTRAD) with estimated cost of Tk. 268.90 million is now under implementation. The objective of the project is to provide appropriate skill development training to the personnel working in different private and public sector textile industry of the country. Year-wise ADP allocation and utilization position is shown as under:

Financial Year	ADP allocation (miln. Tk.	Actual expenditure (miln. Tk.)	Achievement in (%)
1992-93	3.90	3.40	87
1993-94	13.70	2.70	20
1994-95	7.90	7.00	89
1995-96	5.30	3.30	62
1996-97	4.00	3.60	90
1997-98	7.00	3.90	56
1998-99	1.00	0.60	60
1999-00	3.70	1.60	43
2000-01	20.00	6.60	33
2001-02	115.00	17.40	15
2002-03	121.60	110.60	91

1.5 Allocation and Utilization Position of the Projects/Programs Under ADP 2003-04:

Organization/Name of Project	ADP allocation (2003-04)	Actual expenditure July 2003 to June -04	Achievement in (%)
(1) Bangladesh Textile Mills Corporation	-	-	-
(2) Department of Textiles:
a) Modernization of 6 Textile Institute	136.00	135.76	99.82
b) Establishment of S. S. C Textile Vocational Institute & Re-habilitation Trained tribal and non-Tribal manpower in Chittagong Hilltracts.	18.50	18.222	98.49
(3) Bangladesh Sericulture Board (BSB):
Development & Extension of Sericulture in Bangladesh.	8.90	8.875*	99.71
(4) Ministry of Textile & Jute (BHB):
a) Micro-Credit Program for the Weavers	72.90	72.90	100
b) Ishwardi Benarashi Pally	12.00	9.652	80.43
5) Projects financed by Ministry of Textiles
a) National Institute of Textile Training Research and Design (NITTRAD)	47.10	34.28	72.78
Total :	295.40	279.689	94.68

* After release of fund for the first quarter of ADP 2003-04, it has been decided that the project will be implemented under revenue budget. So, fund for 2nd and remaining quarters has not been released.

1.6 Progress of the Fiscal Reform/Policy Programs undertaken during 2003-04.

1.6.1 BTMC:

Due to continuous losses, BTMC could not continue operation of the mills by procuring raw materials from abroad. As an alternative arrangement, BTMC has been continuing its production activities through introducing "Service Charge System" since the FY 1996-97. At present, 15 units of 12 Mills under BTMC are operating under the "Service Charge System". The losses of the mills put under Service Charge System have decreased to a considerable extent.

1.7 Programs Taken up/to be Taken up for Poverty Alleviation, Micro-Credit and Privatization:

1.7.1 Poverty Alleviation:

The Ministry of Textile & Jute (BHB), set up 4 "Services and Facilities Centers (SFCs)" at Tangail, Kumarkhali, Belkuchi and Banchrampur, 1 Dyeing and Printing Unit at Chandanaish and 20 Basic Centers in different loom concentrated areas of the country. The main objectives of the project were to provide pre-and post weaving-services to the poor handloom weavers. The functions of the Basic Centers are to provide extension and promotional services. Self-employment opportunities of about 40,000 people have been created under this project.

For rehabilitation of Benarashi weavers of Mirpur and Ishawrdi areas, 2 projects namely, "Mirpur Benarashi Palli" and "Ishwardi Benarachi Palli" are now under final stage of implementation. A total of 996 plots will be allotted to the Benarashi weavers for construction of Factory-Cum-Residence. More than 54 thousand people will have the opportunity of full time job on completion of the project.

Sericulture is an agro-based and highly labour intensive cottage industry of the country. It helps to create wide scope for gainful employment for rural poor people, especially for the rural women-folk of the North Bengal and many other areas of the country. It plays a vital role in transferring wealth from richer people of the society to the poorer section. Through proper implementation of the on-going development projects of the BSB and other stakeholders, the improved sericulture activities can help reduce poverty and develop the socio-economic condition of the rural mass.

1.7.2 Micro Credit Program for the weavers:

The project has been undertaken at an investment cost of Tk. 500 million to provide working capital to the weavers owning 1-5 handlooms by organizing them in groups as per rules of Tanti Samity, 1991. In the year 2003-04 an amount of taka 72.90 million (up to June 2004) has been allocated for this project and this allocation were fully utilized during the said year. With the successful implementation of the project, an employment opportunity for about 0.12 million people will be created raising the income level of the small handloom weavers to a considerable extent.

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1.8 Privatization:

Eight (8) mills have been closed down in the year 2002-2003 and program for release of the employees under Voluntary Retirement Scheme was taken up. Out of eight (8) mills payment of benefits of the employees of 4 mills were paid of in 2002-03 and 75% benefits of the remaining 4 mills were paid of in 2003-04. The budgetary provision for payment of 25% remaining benefits amounting to taka 110.00 million is still under process. During the year 2003-2004 seven (7) textile mills have been withdrawn from the list of Privatization Commission and handed over to the Textile Ministry for disposal. Steps are under way for selling these mills by the Ministry of Textiles. In addition three (3) textile mills namely, Chisty Textile Mills, Bangladesh Textile Mills and Orient Textile Mills have been decided for liquidation by the Ministry of Textiles & Jute. The Ministry of Textiles is taking necessary steps to sell these mills as early as possible.

As a part of reform program, 3 following industries under BHB have been placed under Privatization Commission:

Sl. No.	Name of the Mills targeted for Privatization	Present status of Privatization
1.	Services and Facilities Center, Belkuchi	Placed under Private entrepreneur
2.	Services and Facilities Center, Bansarampur	Under process of sales under Privatization Commission
3.	Textile Facilities Center, Chowmuhani	Under process of sales under Privatization Commission

2.0 Jute Industry:

2.1 Introduction:

Jute Industry Manifests it-self with a destined brightness for the significant role and contribution to the national economy of Bangladesh. Soon after independence of Bangladesh, Jute mills under private ownership including abandoned Jute Mills and the then EPIDC sponsored Jute Mills were nationalized through promulgation of the Bangladesh Industrial Nationalization Order-1972 (P.O. 27 of 1972) and the responsibility for managing, supervising, controlling and co-coordinating the activities of the mills were vested with Bangladesh Jute Mills Corporation (BJMC). Jute Goods is one the main sources of foreign exchange earning and a large number of industrial work force is engaged in the Jute Industry. A lion portion of raw jute produced in the country is consumed in the local jute mills. BJMC purchase raw jute through purchase centers spread over the country to ensure fair price to the growers. At present there are 35 mills under BJMC (Running 26 jute mills and 3 non-jute mills and 6 closed Mills).

In the private sector the production and export activities of jute mills are being run by Bangladesh Jute Mills Association (BJMA) and Bangladesh Jute Spinners Association (BJSA). Among the 98 jute mills in possession of the private sector 52 belonging to BJMA and 46 to BJSA. A statement showing total jute goods production, export and export value for the year 2003-04 is given below:

Year	Production of Raw Jute (Lac bale)	Production of Jute Goods (lac m. tons)	Export of Jute & Jute Goods(Lac m .tons)	Export Earning (Crore taka)
2003-04	53.50	4.91	3.89	1165.08

2.2 Year-wise Production of Jute Goods by BJMC Mills from 1992-93 to 2003-04:

The year-wise production of jute goods under Bangladesh Jute Mills Corporation (BJMC) from 1992-93 through 2003-04 is shown in the table below:

(`000` metric ton)

Financial Year	Hessian	Sacking	CBC	Others	Total
1992-93	73.0	154.1	36.9	45.0	275.0
1993-94	86.4	143.8	32.2	5.3	267.7
1994-95	88.4	142.5	34.4	6.8	272.1
1995-96	81.3	156.9	31.6	7.2	277.0
1996-97	78.8	146.0	22.9	7.2	254.9
1997-98	68.7	142.7	29.5	7.2	248.5
1998-99	72.5	123.1	26.0	7.4	229.0
1999-00	77.9	124.5	20.7	7.8	230.9
2000-01	67.6	140.6	25.9	7.8	241.9
2001-02	50.4	122.3	21.3	4.3	198.3
2002-03	48.6	125.5	20.5	5.0	199.6
2003-04	42.2	112.8	19.8	5.2	180.0

Due to the shrinkage of demand of jute goods in the world market in the recent years the production levels have decreased considerably. Almost in every year the production has suffered due to the reasons like irregular power supply, non-utilization of reed space and gradual fall in market demand etc.

2.3 Jute Goods Exports:

A statement of export of jute goods from 1992-1993 to 2003-04 is given below:

(qty. in M. Tons)

Year	Hessian	Sacking	CBC	Others	Total	Total Value (In Crore Tk.)
1992-93	82.5	163.7	31.1	12.4	289.7	551.00
1993-94	102.4	109.3	39.3	4.7	255.7	519.30
1994-95	87.2	151.9	33.3	5.4	277.8	573.11
1995-96	82.4	150.5	32.6	6.0	271.5	668.89
1996-97	50.9	11.51	22.1	4.8	192.9	572.05
1997-98	65.4	62.8	26.9	5.0	160.1	461.97
1998-99	92.0	104.3	17.8	6.2	230.3	561.40
1999-00	70.6	98.3	27.0	5.7	301.6	641.03
2000-01	61.5	130.4	25.7	5.6	223.2	599.57
2001-02	60.9	94.6	19.9	1.9	177.3	536.76
2002-03	42.0	100.5	21.1	1.9	165.5	519.13
2003-04	47.2	97.0	19.7	2.6	166.5	509.27

2.4 Local Sales:

Total local sales during the current financial year is around 28.5 thousand metric tons valuing 83.58 crore taka. A comparative position of current years sales against last ten financial years may be seen in the table below:

(qty. in '000' m. tons & value in crore taka)

Year	Hessian	Sacking	CBC	Others	Total	Total Value
1993-94	1.1	16.1	0.8	1.2	19.8	47.18
1994-95	1.8	15.5	0.8	1.7	19.8	45.44
1995-96	1.6	19.3	0.4	1.4	22.7	54.45
1996-97	2.1	28.4	0.4	1.7	32.6	32.6
1997-98	2.1	20.1	0.2	1.8	24.2	62.00
1998-99	62.00	27.2	0.2	1.7	30.4	59.77
1999-00	1.7	39.5	0.6	1.5	43.3	93.87
2000-01	1.4	37.4	0.6	2.6	42.0	97.71
2001-02	1.3	27.3	0.8	2.7	32.1	43.86
2002-03	0.9	22.5	1.6	2.7	27.7	83.75
2003-04	1.0	23.5	1.0	3.2	28.5	83.58

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2.5 Contribution to the National Exchequer:

The contribution to the National Exchequer towards payment of duties and fees by the BJMC Mills in 2001-02, 2002-03 and 2003-04 were Tk. 4.12, Tk. 3.09 and Tk. 3.09 crores respectively.

2.6 Privatization of BJMC Mills:.

As Adamjee Jute Mills had been sustaining substantial amount of loss every year, the mills was closed with effect from 30.06.2002 as per decision of the Government. Consequent upon closure of the mills, all workers and staff were retrenched from the payroll of Adamjee Jute Mills Ltd. w.e.f. 1st September 2002 and were given service benefits under Golden Handshake. A total of 18,627 manpower were retrenched under Golden Handshake till 9th February 2004 of whom 16,878 workers, 1,413 staff and 336 officers.

Moreover, 2,160 and 2,085 manpower of Nishat and Doulatpur Jute Mills Ltd. respectively have been retrenched on payment of benefits under Golden Handshake.

2.7 Bangladesh Jute Mills Association (BJMA):

2.7.1 Year-wise Production of Jute and Jute Goods by BJMA Mills:

The year-wise production of jute goods under Bangladesh Jute Mills Association (BJMA) from 1992-93 through 2003-04 is shown in the table below:

('000' m. tons)

Financial Year	Hessian	Sacking	CBC	Yarn /Twine	Others	Total
1992-93	37.62	84.14	18.25	21.90	9.35	162.86
1993-94	29.74	78.00	16.74	22.78	33.75	150.56
1994-95	28.34	69.92	15.03	31.84	45.07	149.65
1995-96	20.05	57.53	13.56	35.77	33.32	130.26
1996-97	19.51	66.69	12.13	37.93	29.41	139.21
1997-98	18.22	82.08	99.95	40.91	23.63	153.59
1998-99	15.71	71.21	97.20	34.13	12.78	132.06
1999-00	18.78	53.59	88.81	21.62	13.15	104.20
2000-01	17.08	40.65	78.37	14.88	13.94	81.81
2001-02	16.22	35.58	59.55	12.80	11.27	71.69
2002-03	16.85	47.92	57.10	13.49	8.94	84.88
2003-04	17.29	62.77	75.02	13.68	5.15	101.76

2.7.2 Jute Goods Exports of BJMA Mills:

A comparative statement of estimated export during 2003-04 against actual exports during 1992-1993 to 2002-03 is given below:

('000' m. tons)

Year	Hessian	Sacking	CBC	Yarn /twine	Others	Total	Export Earning (In crore Tk.)
1992-93	35.08	45.78	16.54	18.06	0.39	115.87	246.29
1993-94	30.97	48.47	17.43	20.45	0.93	118.27	252.95
1994-95	26.78	36.52	14.04	23.87	2.89	104.41	253.19
1995-96	16.33	20.39	12.19	27.99	0.98	77.88	243.05
1996-97	14.64	32.22	11.25	31.76	1.17	91.05	290.78
1997-98	12.07	25.85	8.45	29.27	0.54	76.20	220.90
1998-99	14.40	30.95	8.17	26.98	0.45	78.97	201.14
1999-00	15.27	24.52	8.38	19.12	0.23	67.53	187.58
2000-01	13.64	14.90	6.58	73.97	0.22	42.74	134.42
2001-02	14.01	11.39	5.42	90.29	0.09	39.96	135.25
2002-03	13.78	13.75	5.30	69.02	0.04	39.77	141.37
2003-04	14.53	19.06	4.69	10.56	0.03	48.90	161.82

2.8 Bangladesh Jute Spinners Association (BJSA):

The Jute Spinners Association represents the Jute Spinning Industry in Bangladesh, which consists of 47 spinning mills under private sector. This industry produces heavy, medium and final quality of jute yarn and twine. During the financial year 2003-04 the jute spinning industry exported 196,000 m. tons of jute yarn and twine, the export value of which was Tk. 621.00 crore.

2.9 Jute Diversification Promotion Centre (JDPC):

Jute Diversification Promotion Centre is a non-ADP project set up in 2002 under the Ministry of Textiles and Jute. The major objectives of the project is to accelerate production and uses of diversified high value added jute products through promotion of new enterprises and expansion of the existing capacity in the private sector mills. To achieve these objectives JDPC provides a package of services to the private sector entrepreneurs starting from supply of technical information, right type of technology, scouting of potential entrepreneurs, assist in project selection and preparation, funding and marketing support etc. to make the enterprises commercially profitable. Thus, JDPC is entrusted to receive the jute economy through horizontal and vertical expansion of jute diversification towards production of high value jute products for both local and global markets. The Ministry of Textiles and Jute signed a Memorandum of Understanding (MoU) with BASIC Bank Limited to channelise funding support to diversified jute enterprises where other commercial banks can also participate. The achievements of JDPC during FY2003-04 is manifested below:

(1)  Number of technology identified	31
(2)  Number of potential entrepreneurs scouted	150
(3)  Number of entrepreneurs/supervisors/designers trained	70
(4)  Number of enterprises set up and in production	2
(5)  Number of enterprise under construction	4
(6)  Number of enterprises awaiting sanction of investment fund from commercial banks	10
(7)  Number of prospective enterprises in the pipeline for consideration	40
(8)  Number of publications made	3
(9)  Number of Workshops/Seminars/Dialogue organized	5

In order to expand jute diversification activities at micro level through small, cottage, micro enterprise, NGOs and especially hand looms, a TA project titled "Small Scale Entrepreneurship Development for Diversified Jute Products" at a cost of Tk. 9.25 crore has been taken up for implementation with funding support from CFC.

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