Sugarcane price to increase after committees’ report
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Monday
August 08, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
MONDAY, AUGUST 08, 2022
Sugarcane price to increase after committees’ report

Industry

TBS Report
25 December, 2021, 07:35 pm
Last modified: 25 December, 2021, 07:38 pm

Related News

  • Intercropping boosting both sugarcane, onion production
  • Recognising informal recycling can help build a circular economy
  • TBS Stories: Sugarcane brings smile on farmers face
  • Industries Minister bent on creating new entrepreneurs
  • No decision to shut down sugar mills: Industries Minister

Sugarcane price to increase after committees’ report

TBS Report
25 December, 2021, 07:35 pm
Last modified: 25 December, 2021, 07:38 pm
Sugarcane price to increase after committees’ report

Industries Minister Nurul Majid Mahmud Humayun Saturday assured farmers of increasing the price of sugarcane after the scrutiny committee submits its report.

On the other hand, Commerce Minister Tipu Munshi announced the establishment of the second unit of Carew and Co in Darshana to enhance its production capacity as there is demand for other byproducts like alcohol, vinegar, hand sanitiser and organic solvents. 

They made the commitments while holding a views exchange meeting with farmers and officials of the sugar mills under Bangladesh Sugar and Foods Corporation (BSFC). The ministers were inaugurating the sugarcane crushing programme for the 2021-22 season at Darshana Sugar Mill.

In his speech as the chief guest, Nurul Majid Mahmud said there is a yearly demand of 18 lakh tonnes of sugar in the country. But the sugar mills under the corporation produce only 80,000 tonnes. The remaining 17.2 lakh tonnes of sugar are imported, he added.

He attributed old and expired machinery, outdated style of sugarcane collection, sorting and crushing for low production of the factories. The factories need more time and manpower but production is low.   

The minister also noted that modern technology should be used at every phase from sugarcane collection to sugar production at the factories. Intercropping with the sugarcane variety invented by the Bangladesh Sugarcane Research Institute (BSRI) may be profitable and encourage the farmers for sugarcane farming, he added.

He stressed the production of byproducts in the sugar mills, diversification of products and production of organic fertilizer after crushing.

Nurul Majid also assured of starting a pilot programme to invent a new high-quality variety of sugarcane following the example of British American Tobacco (BAT).

Industries minister / sugarcane production, Sugar mills / sugarcane

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

  • Denim industry banks on new tech for further leap
    Denim industry banks on new tech for further leap
  • More strain on inflation as fuel price soars : After new fuel prices took effect, owners of cars and motorbikes paid around 50% more than the previous rates for petrol and octane. The photo was taken at a filling station in the capital's Paribagh area on Saturday. Photo: Rajib Dhar
    Fuel price hike leads to a transportation mayhem
  • Photo: TBS
    Bangamata's 92nd birth anniversary being observed

MOST VIEWED

  • Some 21 out of 53 industrial units in the Gaibandha Bscic estate remain closed due to various issues including unavailability of gas connection, poor road infrastructure and inadequate drainage systems. PHOTO: TBS
    35 years on, poor utilities plague Gaibandha Bscic estate
  • Telephone Shilpa Sangstha to be declared a hi-tech park
    Telephone Shilpa Sangstha to be declared a hi-tech park
  • Ohi Jute Fibres Mill in Gaibandha Bscic Industrial Park produces around 10,000 sacks and does printing work on around 20,000 sacks per day with only 100 workers, 80 of whom are women. PHOTO: TBS
    Gaibandha Bscic factory shines with 80% women workers
  • Hazaribagh now a promising hub of diversified leather products
    Hazaribagh now a promising hub of diversified leather products
  • Packaging gets Tk5,000cr investment  in Bangabandhu Shilpa Nagar
    Packaging gets Tk5,000cr investment in Bangabandhu Shilpa Nagar
  • Infographic: TBS
    7 cos to invest $94m in Sabrang Tourism Park

Related News

  • Intercropping boosting both sugarcane, onion production
  • Recognising informal recycling can help build a circular economy
  • TBS Stories: Sugarcane brings smile on farmers face
  • Industries Minister bent on creating new entrepreneurs
  • No decision to shut down sugar mills: Industries Minister

Features

Will Glass Cosmetics be your next skincare holy grail?

Will Glass Cosmetics be your next skincare holy grail?

1h | Brands
Akij Tableware: More than just dishes on a table

Akij Tableware: More than just dishes on a table

2h | Brands
Deeply depressed and afraid of living in total darkness, the Noakhali-based housewife Rasheda desires nothing but to get her vision back. Photo: Noor-A-Alam

Blind people need 25,000 corneas. Sandhani gets around 25

3h | Panorama
Picture: Collected

The six billion dollar man

4h | Panorama

More Videos from TBS

First Aid for Stroke: What you should know

First Aid for Stroke: What you should know

50m | Videos
Is smartphone use reducing our memory?

Is smartphone use reducing our memory?

2h | Videos
City dwellers in trouble due to lack of public transport

City dwellers in trouble due to lack of public transport

2h | Videos
Oil prices fall due to recession fears

Oil prices fall due to recession fears

2h | Videos

Most Read

1
Diesel price hiked by Tk34 per litre, Octane by Tk46
Energy

Diesel price hiked by Tk34 per litre, Octane by Tk46

2
Housing projects sprouting up by Dhaka-Mawa expressway
Real Estate

Housing projects sprouting up by Dhaka-Mawa expressway

3
July remittance hits two-year high
Economy

July remittance hits two-year high

4
Infographic: TBS
Banking

Dollar rate will be left to market after two months: Governor

5
Bangladesh to resume talks for Ukrainian wheat import
Economy

Bangladesh to resume talks for Ukrainian wheat import

6
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato/File Photo
Energy

Summit proposes long-term LNG supply to Petrobangla

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
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