Tk 58 cr allocated to pay jute workers’ arrears-wage...

Dhaka, Wednesday   12 August 2020

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Tk 58 cr allocated to pay jute workers’ arrears-wage

 Staff Correspondent

 Published: 08:46 PM, 5 July 2020   Updated: 08:03 AM, 6 July 2020

File Photo

File Photo

Apart from Alim Jute Mill, which is controlled by Bangladesh Jute Mills Corporation (BJMC), the government has allocated Tk 58 crores to pay arrears wages to the workers of other jute mills in June.

The allocation was given by the Finance Ministry on Sunday. The allotted amount will be paid to the workers through checks in their respective accounts.

Earlier on July 3, Textiles and Jute Minister Golam Dastagir Gazi had said that according to the Wages Commission-2015, the June wages of jute mill workers would be paid to their bank account next week.

According to the letter from the Ministry of Finance, the Ministry of Finance allocates the money as an operating loan. The money allocated for BJMC mills in FY 2019-20 cannot be spent in any sector other than the sector mentioned. Each of the BJMC workers has to pay money through Account Payee Check-in a specific bank.

This amount will be treated as 'Operation Loan' in favor of BJMC, which will have to be repaid in half-yearly installments at 5% interest for the next 20 years (with a grace period of 5 years). And for this BJMC has to execute a loan agreement with the finance department. 

The letter specifically states that the money allocated cannot be spent on any sector other than the arrears of wages of the workers only. The existing rules and regulations of the government have to be followed in spending the allocated money. The concerned officer will be responsible if any money is paid outside the rules.