Evaluation on Economic Loss for Rejection of Finished Leather in Bangladesh
Journal Title: Universal Journal of Environmental Research and Technology - Year 2016, Vol 6, Issue 2
Abstract
Leather is the cornerstone of one of the oldest industries in Bangladesh, which plays a pivotal function in the national economy with a praiseworthy reputation worldwide. After the French product Bangladeshi leather is the best in the world. Leather industry has a vast contribution on our economy and after all on total GDP. In Bangladesh the leather industry is well established and is ranked 4th in terms of earning foreign exchange, as it accounts for about 6% of total exports earnings. The study aims to assess the economic loss caused by the rejection of finished leather. The 12 tanneries of Hazaribagh, Dhaka have been used as a site selection in this research. There are four grades – Primes grade (A-D), Secondary grade (A-F), Rejections (E-F) and Double rejections (HH). The factors of grading mainly depend on the surface quality and defects of the finished leather. Usually buyers demand either Primes grade (A-D) or Secondary grade (A-F), which are considered as the best quality leather. The price of the leather varies quite considerably with its quality. This paper basically indicates the economic loss which occurs due to the low cost of secondary grade, rejections and double rejections. Again, this study found that low cost causes for the absence of their proper quality. To assess the economic loss for rejection of finished leather in Bangladesh is the main objective of this article.
Authors and Affiliations
Md. Arafat Hossain, Mukta Rani Sarkar, Md. Farhad Ali, Uttam Kumar Roy
Keywords
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