All Bangladesh leather goods makers to get cash incentives on exports

However, companies that export leather goods produced in factories owned by a different company will not be eligible for the incentives.

Only cent per cent export-oriented companies were eligible for the incentives earlier.

There were complaints from government agencies that several companies were taking the cash incentives despite not being completely export-oriented, a domestic media outlet reported.

Cash incentives are being offered since 2000 to boost export of leather goods.

At present, a 12-per cent cash incentive is offered against the exported leather products.

ALCHEMPro News Desk (DS)