Govt gets tough on raw jute hoarders
None can store over 1,000 maunds for more than a month, says minister; bid to increase supply
The government has set the restrictions to ensure smooth supply of raw jute in the local market and speed up export. Photo: Star/file Star Business Report Star Business Report
Dealers or warehouse owners can now store a maximum of 1,000 maunds of raw jute for only one month, Jute and Textiles Minister Golam Dastagir Gazi said yesterday.
The government has set the limits to ensure smooth supply of the raw jute in the local market and speed up export, he said.