ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Bangladesh: Closure of Adamjee Jute Mills

Ominous Sign

The decline of the Adamjee Jute Mills goes back to as early as 1995, soon after a World Bank-Bangladesh government agreement envisaged wide-ranging changes in the jute sector involving closure, downsizing and privatisation of several mills and retrenchment of their workers. Adamjee's experience has found replication in numerous cases in the manufacturing sector, prompting renewed questions once again about adjustment programmes and who actually constitute its true beneficiaries.

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