BJGEA members now eligible for 20% incentive

The Ministry of Commerce has enabled the Bangladesh Jute Goods Exporter Association (BJGEA) to issue certificates/testimonies to its members to receive a 20 per cent cash incentive for the production and export of diversified jute products.

The ministry has granted the power to BJGEA experimentally for two years, a release from the ministry said on Monday.

Upon observation, if the ministry deems BJGEA’s actions satisfactory, the association may get the authority permanently, the release added.

BJGEA Director and Tulika ECO CEO Esrat Jahan Chowdhury said she is happy about this decision taken by the government to business and expand the export of diversified jute goods.

“It is good news to us. Previously, we could not claim a 20 per cent cash incentive because these facilities were only limited to Bangladesh Jute Mills Association members.