Govt devises five-year strategic plan to help revive ailing jute sector
Bangladesh, Aug. 6 -- The government has devised an ambitious five-year strategic plan to help revive Bangladesh's ailing jute sector after export earnings from jute and jute goods fell by nearly 29 per cent over the past five years despite rising domestic production.
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The plan seeks to double the export earnings by 2031 through greater value addition, improved productivity, enhanced competitiveness and diversification of export markets, said a senior official at the Ministry of Textile and Jute.
The "Bangladesh Jute Sector Development Strategy and Action Plan (2026-2031)", prepared by the Department of Jute (DoJ), sets a target of raising annual export earnings from jute and jute products to US$1.64 billion by 2031 from ...
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