Govt takes back Kishoreganj Textile Mills

The government has taken back Kishoreganj Textile Mills Ltd from the private sector for violating major conditions set out during handing over of the state-owned enterprise.

The mills had been closed for a long after it was taken over from the government. "The prolong closure of the mills caused unemployment of thousands of workers, which in fact negates the main objective of the handing over of the mills to the private sector," said Sayed Chandra Halder, public relations officer of the textiles and jute ministry.