They said proposed duty will hinder the process of industrialisation.

They, however, said the budget, if implemented properly, will reduce poverty, generate employment and increase exports.

BTMA
Welcoming the government for giving emphasis on export diversification, creation of employment opportunity and containing inflation, Bangladesh Textile Mills Association (BTMA) said imposition of 10 percent duty on textile machinery and raw materials may create hindrance in the process of industrialisation.

The association said the imposition of tax on textile capital machinery will discourage potential investors, resulting in decrease in investment in the textile industry.

The BTMA urged the government to withdraw the duty on textile machinery.

It said the proposed tariff structure will surely put local industries in trouble.

BFFEA
Bangladesh Frozen Foods Exporters Association (BFFEA) in its budget reaction has requested the government to reduce tax on the exports from the rate of 0.25 percent to 0.1 percent.

The BFFEA also demanded withdrawal of turnover tax imposed on export cash subsidy for sustaining competitiveness in the international market.

The association also asked the government for allocating Tk 200 crore in grant for the shrimp farmers to introduce modern technology for more production of shrimp and Tk 20 crore for training and welfare of the shrimp workers.

BTTLMEA
Bangladesh Terry Towel and Linen Manufacturers' and Exporters' Association (BTTLMEA) called upon the government to reconsider the abolition of zero percent import duty on textile machinery.

The association said absence of this zero duty benefit will hinder the growth of the textile sector.

Referring to the proposed allocation of Tk 25 crore for the welfare of the workers of the RMG sector, the association felt that this should also be extended to the workers of terry towel factories.