No decision to shut down sugar mills: Industries Minister | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
June 26, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JUNE 26, 2025
No decision to shut down sugar mills: Industries Minister

Bangladesh

UNB
19 January, 2021, 02:50 pm
Last modified: 19 January, 2021, 02:53 pm

Related News

  • Teachers announce JnU shutdown until demands met
  • BAT Bangladesh warns of Kushtia plant shutdown if labour unrest persists
  • Polytechnic students enforce campus shutdown nationwide to press 6-point demand
  • Over Tk24cr in fines collected, 648 illegal brick kilns shut in anti-pollution drives
  • 'We are simply going to starve': UN chief visits Rohingya refugees amid aid funding shortfall

No decision to shut down sugar mills: Industries Minister

The Industries Minister said there are 15 sugar mills under the Bangladesh Sugar and Food Industries Corporation (BSFIC)

UNB
19 January, 2021, 02:50 pm
Last modified: 19 January, 2021, 02:53 pm
Industries Minister Nurul Majid Mahmud Humayun. Photo: UNB
Industries Minister Nurul Majid Mahmud Humayun. Photo: UNB

Industries Minister Nurul Majid Mahmud Humayun on Tuesday told Parliament that the government didn't take any decision to shut down the state-owned sugar mills, though the threshing of sugarcanes in six mills out of total 15 has been kept suspended for the current season.

"No sugar mill has been closed down. No decision has been taken to shut down sugar mills," he said replying to a tabled question from Awami League MP Ali Azam (Bhola-2).

The Industries Minister said there are 15 sugar mills under the Bangladesh Sugar and Food Industries Corporation (BSFIC).

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Of these, only one mill -- Carew & Co (Bd) Ltd-- is profitable, while 14 others can't make profit, he said.

Sugarcane threshing in six mills was kept suspended for the 2020-2021 season, he added.

In reply to a separate question from the same MP, the Minister said the government is implementing two development projects to modernise the sugar mills in order to save the country's sugar industry.

The two projects are being implemented with GoB fund under BSFIC to modernise the sugar mills and make those environment-friendly entities.

The projects are BMR of Carew & Co (Bd) Ltd (1st revised) and Establishment of Effluent Treatment Plants in 14 Sugar Mills, said Nurul Majid.

Responding to another question from ruling party lawmaker M Abdul Latif (Chattogram-11), the Industries Minister said the contribution of industry (manufacturing) sector to the GDP increased at 24.18 percent in 2019-20 fiscal year from 17.90 percent in 2008-09 fiscal year.

The share of large and medium industries to the GDP rose at 20.22 percent in 2019-20 fiscal year from 12.71 percent in 2008-09 fiscal year, according to the statistics he placed in the House.

However, the contribution of small industries declined to 3.96 percent in the last fiscal year from 5.18 percent in the 2008-09 fiscal year.

Some 103,220 industrial units were set up in the last 11 years (Jan 2009-Nov 2020) with the support of Bangladesh Small and Cottage Industries Corporation (BSCIC), said the Minister, adding that some 8.50 lakh jobs were created there.

Top News

no decision / shutdown / Sugar mills / Industries minister

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Office of the Anti-Corruption Commission. File Photo: TBS
    ACC seeks info on 15yr banking irregularities; 3 ex-governors, conglomerates in crosshairs
  • National Consensus Commission Vice Chairman Prof Ali Riaz briefed media after the sixth day's meeting of the second-round talks of the National Consensus Commission in the capital today (25 June). Photo: Focus Bangla
    Consensus Commission revises NCC proposal, but BNP stands firm against it
  • What did Asif Mahmud say in response to Ishraq's statement?
    What did Asif Mahmud say in response to Ishraq's statement?

MOST VIEWED

  • The official inauguration of Google Pay at the Westin Dhaka in the capital's Gulshan area on 24 June 2025. Photo: Courtesy
    Google Pay launched in Bangladesh for the first time
  • Illustration: Ashrafun Naher Ananna/TBS Creative
    Top non-RMG export earners of Bangladesh in FY25 (Jul-May)
  • Representational image. Photo: Collected
    Airspace reopens over Qatar, UAE, Kuwait and Bahrain; flight operations return to normal
  • Omera Petroleum to acquire Totalgaz Bangladesh for $32m
    Omera Petroleum to acquire Totalgaz Bangladesh for $32m
  • A file photo of metro rail's Dhaka University station. Photo: UNB
    Metro rail to introduce easy ticketing system
  • Bangladesh Bank. File Photo: Collected
    No financial liability for banks on imports under sales contracts: BB

Related News

  • Teachers announce JnU shutdown until demands met
  • BAT Bangladesh warns of Kushtia plant shutdown if labour unrest persists
  • Polytechnic students enforce campus shutdown nationwide to press 6-point demand
  • Over Tk24cr in fines collected, 648 illegal brick kilns shut in anti-pollution drives
  • 'We are simply going to starve': UN chief visits Rohingya refugees amid aid funding shortfall

Features

Sujoy’s organisation has rescued and released over a thousand birds so far from hunters. Photo: Courtesy

How decades of activism brought national recognition to Sherpur’s wildlife saviours

6h | Panorama
More than half of Dhaka’s street children sleep in slums, with others scattered in terminals, parks, stations, or pavements. Photo: Syed Zakir Hossain

No homes, no hope: The lives of Dhaka’s ‘floating population’

1d | Panorama
The HerWILL mentorship programme - Cohort 01: A rarity in reach and depth

The HerWILL mentorship programme - Cohort 01: A rarity in reach and depth

3d | Features
Graphics: TBS

Who are the Boinggas?

3d | Panorama

More Videos from TBS

What did Asif Mahmud say in response to Ishraq's statement?

What did Asif Mahmud say in response to Ishraq's statement?

3h | TBS Today
Iran-Israel ceasefire after 24 hours of violence

Iran-Israel ceasefire after 24 hours of violence

4h | Others
Who Benefits From The 12-day Iran-israel Conflict?

Who Benefits From The 12-day Iran-israel Conflict?

4h | Others
What are the political parties saying about the BNP's conditional acceptance of the Prime Minister's term?

What are the political parties saying about the BNP's conditional acceptance of the Prime Minister's term?

5h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net