No way of saving the jute mills under present system of plundering

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JUTE sector industrialists have expressed their interest in running the 25 state-owned jute mills which the government has shut down in June this year but under specific conditions. At a meeting on Thursday Bangladesh Jute Spinners Association (BJSA) with officers of Bangladesh Jute Mills Association (BJMA) and other government leaders have however ruled out the public-private partnership (PPP) model as the government has proposed to reorganize the closed mills.
A report in a national daily on Friday said spinners want that the government should hand over those mills directly to them under a long term lease agreement for 100 years or 50 years at the minimum and give them fund to run the mills and restructure them with modern machineries.
Need no mention that the government has closed those mills because they were loss making over the years. The government support to party affiliated trade union bodies gave them free hand to make illegal fortune. Party leaders also had their share in corruption. Because politics is plundering.
The report said there will be few more meetings before a decision to be taken at the highest level of the government. But the way spinners want distribution of the mills to industrialists through an open tender process sounds right. But availability of government funds is the catch. We are sure that they will be looted.
We see no way of saving the jute mills under the system of looting.
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