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Jute spinners for specific fiscal support

The Bangladesh Jute Spinners Association said most of the measures in
the budget, proposed by the Finance Minister AMA Muhit on this month,
were laudable but jute sector needed some more specific supports.
In a statement the association chairman Ahmed Hossain lauded increased
allocations for social safety net, specific budget for districts, more
funds for communication & power sectors.
Hossain said tk 5000 crore stimulus fund to support recession-hit
sectors especially the exports manufaturing industries would be
helpful in mitigating owes of the export entrepreneurs.
But, he pointed out that jute sector was needed more specific
budgetary supports as the industry had been hit hard by the global
recession.