Cottage Industries of Bangladesh

Cottage Industry means a family of industries which are engaged in part-time or full-time  production and service-oriented activities. It is one where the creation of products and services are home-based, rather than factory-based. Products and services created by cottage industry are usually unique and distinctive.

History behind it:
Cottage industries were very common in the time when a large proportion of the population was engaged in agriculture, because the farmers (and their families) often had both the time and the desire to earn additional income during the part of the year (winter) when there was little work to do farming or selling. Given that Bangladesh is an agro-based country, cottage industries became very common. Our industries provided the world with the richest clothes and elements of all times; like Moslin, Jamdani, Tangail sarees etc. These were the then most popular goods which were exported across the national borders.

How they are run:
Bangladesh Small and Cottage Industries Corporation (BSCIC)  provides a package of services to private sector entrepreneurs in Bangladesh. It is the official body which monitors the development of self-employment, cottage industries and small enterprises. It produces statistics on the types of enterprises, their activities and the number of people employed. It provides medium and long term loans to small industries, either directly, or through commercial banks. BSCIC also provides assistance in all other matters relating to development and expansion of small and cottage industries.

Description and goods produced:
In Bangladesh, cottage industries include many producers, working part time from their homes. The term originally referred to home workers who were engaged in a task such as sewing, lace-making, wall hangings, or household manufacturing. Business operators would travel around, buying raw materials, delivering them to people who would work on them, and then collecting the finished goods to sell, or typically to ship to another market.

Challenges faced:
The goods of cottage industries are usually not mass-produced. For this, producers in this sector often face numerous disadvantages when trying to compete with much larger factory-based companies.

Even in the present times, the cottage industries of Bangladesh are developing gradually with the endeavor of the working class people along with the commoners. This is contributing to the overall economical growth of the country. We should encourage these jobs and activities in order to develop our country.

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