Bangladesh – Govt aims to make sugar industry profitable: Whip Dulu
Bangladesh plans to revive its loss-making sugar industry through higher cane procurement prices, farmer incentives, improved seeds and technology, and year-round mill operations. Natore Sugar Mills has begun crushing, targeting 90,000 tonnes of cane and 5,580 tonnes of sugar over 65 days, with 6.2% recovery.
Jatiya Sangsad Whip Advocate M Ruhul Quddus Talukder Dulu on Friday said the government has taken various initiatives to transform the country’s sugar industry from a loss-making sector into a profitable one.
He made the remarks while formally inaugurating the sugarcane crushing operations of Natore Sugar Mills.
Dulu said the government was encouraging farmers to cultivate sugarcane to help revive the sugar industry. Initiatives have also been taken to increase the procurement price of sugarcane, provide incentives to farmers, develop improved seed varieties and modern technologies, and ensure their availability at the farmers’ level.
He said an initiative to hand over sugar mills to private ownership had been taken earlier, but it had been halted. Instead, the current government has planned to diversify the operations of sugar mills to keep the factories running throughout the year.
The move is expected to create year-round employment opportunities for seasonal workers engaged in the sugar industry, he added.
For the current crushing season, Natore Sugar Mills has set a target of crushing 90,000 tonnes of sugarcane and producing 5,580 tonnes of sugar, with an expected sugar recovery rate of 6.2 per cent.
The crushing operations are scheduled to continue for 65 days.
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Source : Financial Express
