https://indianpedia.org/index.php?action=history&feed=atom&title=Birds_Jute_and_ExportBirds Jute and Export - Revision history2026-07-31T06:25:46ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Birds_Jute_and_Export&diff=92215&oldid=prevCleanupBot at 17:23, 1 June 20212021-06-01T17:23:21Z<p></p>
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'''Birds Jute and Export''' Limited (BJEL) is a [[Public Sector Undertaking]] (PSU) of the [[Government of India]] and is headquartered in [[Kolkata]], [[West Bengal]].<br />
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BJEL is a subsidiary of the [[National Jute Manufactures Corporation Limited]] (NJMC) and manufactures [[jute]], cotton, [[viscose]] and blended fabric decoratives. BJEL has experienced [[net operating loss|net loss]]es over the past fiscal years and has been virtually inoperable since 2002.<br />
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The company is in the process of [[restructuring]] and experienced a net loss of {{INRConvert|554|m}} in fiscal 2006.<ref name=bjel>[http://dpe.nic.in/survey0506/vol3/257.pdf Financial Statements] {{webarchive |url=https://web.archive.org/web/20110716104928/http://dpe.nic.in/survey0506/vol3/257.pdf |date=16 July 2011 }}. Department of Public Enterprise.</ref><br />
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The Union Cabinet, at a meeting held on 10 October 2018, chaired by Prime Minister Narendra Modi, gave the green signal for the closure of National Jute Manufacturers Corporation Ltd. (NJMC) along with its subsidiary Birds Jute and Exporters Ltd. (BJEL). NJMC had been incurring losses for several years and was under reference to BIFR since 1993. The Mills of NJMC which were proposed for revival, namely, Kinnison Mill at Titagarh, Khardah Mill at Khardah and RBHM Mill at Katihar were under suspension since August, 2016.<ref>{{cite web | url = https://www.pmindia.gov.in/en/news_updates/cabinet-approves-closure-of-national-jute-manufactures-corporation-ltd-and-its-subsidiary-birds-jute-exports-ltd/ | title = News Updates | publisher = PM India |access-date = 23 March 2019}}</ref><ref>{{cite web | url = https://apparelresources.com/business-news/sourcing/central-govt-gives-green-signal-shut-national-jute-manufacturers-corporation/ | title = Central government gives green signal to shut National Jute Manufacturers Corporation| publisher = Apparel Resources 11 October 2018|access-date = 23 March 2019}}</ref><br />
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==References==<br />
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[[Category:Government-owned companies of India]]<br />
[[Category:Companies based in Kolkata]]<br />
[[Category:Textile companies of India]]<br />
[[Category:Ministry of Textiles]]<br />
[[Category:Jute industry of India]]<br />
[[Category:Companies with year of establishment missing]]<br />
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