Incentives to help Jamdani export!

Author Topic: Incentives to help Jamdani export!  (Read 260 times)

Offline Bipasha Matin

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Incentives to help Jamdani export!
« on: February 27, 2018, 04:50:55 PM »
Jamdani Saree is a rich heritage of Bangladesh and lack of supervision, absence of capital and fall down of export have forced the country’s rich tradition on the verge of extinction.

Bangladesh Jamdani Manufacturers and Exporters Association (BJMEA) has claimed that if 25 percent cash incentives are provided and smuggling could be checked then export door will be opened for this morbid exportable item.

 Simultaneously, the organization has demanded loan of Tk 10 crore with less interest for the Jamdani owners.

According to a BJMEA source, Jamdani Saree was exported to India, USA, Dubai, England and other some countries since 1992.

Foreign exchange to the tune of Tk 250 crore was earned during the period of 1992-2001 by exporting Jamdani. Government also earned crores of money as revenue from this export. Only in India 80 percent was exported.

It was further learnt that government introduced 25 percent cash incentives on Jamdani export. But in 1998 without any visible reason the cash incentives was reduced to 15 percent from 25 percent.     

 Within the next two years the cash incentives was brought down to only 5 percent. Due to reduction of incentives the export of Jamdani practically stopped from 2006-2007 fiscal.

Because the 5 percent incentives rendered the exporters to financial losses. That resulted the closure of many factories making thousands of Jamdani weavers jobless.

Source: http://www.banglanews24.com/index.php/business/article/20919/Incentives-to-help-Jamdani-export
Sabiha Matin Bipasha

Senior Lecturer
Department of Business Administration
Faculty of Business & Economics
Daffodil International University

Offline murshida

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Re: Incentives to help Jamdani export!
« Reply #1 on: March 08, 2018, 09:53:06 AM »
importanr

Offline murshida

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Re: Incentives to help Jamdani export!
« Reply #2 on: March 13, 2018, 11:12:56 AM »
good

Offline Nusrat Jahan Bristy

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Re: Incentives to help Jamdani export!
« Reply #3 on: May 08, 2018, 01:32:41 PM »
Nice ...
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Offline sayma

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Re: Incentives to help Jamdani export!
« Reply #4 on: May 08, 2018, 02:21:07 PM »
thanks for sharing