Bangladesh Sugar and Food Industries Corporation
| Formation | 1 July 1976 |
|---|---|
| Headquarters | Dhaka, Bangladesh |
Region served | Bangladesh |
Official language | Bengali |
| Revenue |  $ 96 million (2019) |
| Website | bsfic |
Bangladesh Sugar and Food Industries Corporation(BSFIC),[1] is a government owned corporation in Bangladesh that is charge of sugar production.[2][3] It is under the Ministry of Industries.[4]
History
[edit]Bangladesh Sugar and Food Industries Corporation was established on 1 July 1976.[5] The Corporation was in charge of 15 state run sugar mills of the country in 2015.[6] It tried to export sugar to Europe.[7]
In 2012 Private dealers didn't take order from the Corporation, as it offered a higher price than the market.[8] It has lobbied for more tariffs on imports to increase sales and reduce its stockpile of sugar.[9]
In 2014, BSFIC started selling sugar at 40 taka per kg, which was half of the production cost.[10]
List of nationalised sugar mills
[edit]About 16 sugar mills were nationalised following the independence of Bangladesh and later they became subsidiaries of the Industrial enterprise placed under Bangladesh Sugar Mills Corporation.[11] The list is given below:
- Faridpur Sugar Mills
- Jaipurhat Sugar Mills
- Kushtia Sugar Mills
- Kaliachapra Sugar Mills
- Mobarakganj Sugar Mills
- National Sugar Mills
- North Bengal Sugar Mills
- Panchagarh Sugar Mills
- Rajshahi Sugar Mills
- Rangpur Sugar Mills
- Shyampur Sugar Mills
- Setabganj Sugar Mills
- Thakurgaon Sugar Mills
- Zeal Bangla Sugar Mills
- Desh Bandhu Sugar Mills
- Faridpur Sugar Mills
References
[edit]- ^ "Govt to export 50,000 tonnes of surplus sugar". The Daily Star. 16 January 2013. Retrieved 6 October 2016.
- ^ "Sugar Industry". Banglapedia. Retrieved 6 October 2016.
- ^ "Sugar consumption on the rise". The Daily Star. 11 August 2016. Retrieved 6 October 2016.
- ^ "Bangladesh Sugar & Food Industries Corporation". bsfic.gov.bd. Retrieved 24 January 2023.
- ^ "Bangladesh Sugar & Food Industries Corporation". Bangladesh Sugar and Food Industries Corporation. Retrieved 6 October 2016.
- ^ "Sugar prices rise". The Daily Star. 20 December 2015. Retrieved 6 October 2016.
- ^ "Bangladesh raises duty on sugar imports". Reuters India. Archived from the original on 9 October 2016. Retrieved 6 October 2016.
- ^ Parvez, Sohel (1 July 2012). "Dealers not buying sugar from govt agency". The Daily Star. Retrieved 6 October 2016.
- ^ "Sugar imports become costlier". The Daily Star. 27 August 2015. Retrieved 6 October 2016.
- ^ "Sugar mills stuck in huge losses". The Daily Star. 29 August 2014. Retrieved 6 October 2016.
- ^ "Industrial enterprises placed under Bangladesh Jute Industries Corporation" (PDF).
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