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Mismanagement, corruption, poor planning behind losses incurred in state-owned jute, sugar mills: study
Star file photo Star Online Report Star Online Report
Workers are not responsible in any way behind the losses of state-owned jute and sugar mills, with the blame laying on mismanagement, massive corruption, and absence of proper planning, a group of educationists and researchers have said.
They also said there was no real basis for the argument that privatisation would lead to expansion of the industry.
Prof Dr Mohammad Tanjimuddin Khan and Prof Moshahida Sultana of Dhaka University and researcher Dr Maha Mirza said this while revealing their report on the shutdown of state-run jute and sugar mills at a press conference at the Dhaka Reporters Unity today.
Losses by State Jute, Sugar Mills: Mismanagement, graft to blame
Researchers also point to lack of proper planning
Brown sugar being sold for Tk 65 per kilogramme in front of the Bangladesh Sugar & Food Industries Corporation in the capital’s Motijheel. Photo: Amran Hossain
Staff Correspondent
Staff Correspondent
Mismanagement, corruption and absence of proper planning are responsible for the losses incurred by the state-owned jute and sugar mills, and workers in no way can be blamed, a group of educationists and researchers said.
They revealed the findings of a research on the recent closures of the jute and sugar mills at a press conference at the Dhaka Reporters Unity yesterday.